100, serial #1 - 0.00025 BTC
200, serial #1 - 0.00025 BTC

so Monero is Proof of Faith?

What actually happened:

Is this coin dead? Asking for a friend.

Shopify is a service provider. "Merchant", in the context of this proposal, refers to entities who (mostly) use Shopify right now. Whether we integrate with Shopify or not is irrelevant, the proposal is for integration with the merchants in whatever form that takes, not integration with Shopify.


You misunderstand. Shopify is a service provider, they don't care WHAT the payment method is. If you provide technology to pay people in purple cats, Shopify doesn't really care, because the money is passing between Purple Cat Payments and the merchants. BUT they are the gatekeepers and need to be convinced that they're not actually facilitating Purple Cat Slave Trade.


I feel like I'd just be re-typing what I said to KeyJockey, so scroll up for a response to that.

No need, we already have 23 integration plugins for Globee: https://github.com/GloBee-Official

Shopify integration is harder because it's all closed-source and internal, you can't just add a payment method, you have to beg the company to add you.

That's a fall-back in case we struggle with Shopify integration, since all their sites use Shopify. But even if that happens, the non-Shopify stores will still have the desired effect - they'll be official, linked on the artist's site and social media, and will have unique items you can ONLY purchase with Monero.

primer / dr-mike / monero_rs (same person) thinks that it's a massive scam and I'm using the money to buy myself a private jet and an island in the Caribbean.


Per the FFS proposal section "Why the Secrecy?" - "Revealing any details might allow others to get ahead of this opportunity, so we unfortunately need to keep it secret." So partly to prevent other cryptocurrencies (some of whom had been offered this) from getting the deal, and partly because it's better to be able to reveal the details when it is a fait accompli.


Was originally priced in Monero because their CEO is a HUGE Monero fan, but I asked him for BTC pricing because I was originally just going to approach some whales and get them to put in BTC (more "stable").


EXACTLY - it gets Monero as a payment option on Shopify, at the very least, and brings in huge amounts of attention.

Even a stopped clock is right twice a day.

You did exactly what you've done to help Monero in the past: exactly nothing. In fact, in the past just as today, all you offer is negativity, selfishness, greed, and criticism. You have never done a single thing to aid Monero in any way, shape, or form. And yet Monero succeeds despite your efforts to the contrary, sucks to be you.

Just to clarify: I'm a technical advisor who is only advising on the messaging system and its architecture. I have not been consulted on the ICO side of things, and have not read or evaluated any of the ICO aspects of this.

My general stance on ICOs at this stage (and DON'T infer it as applying unilaterally to this project) is: most projects doing ICOs are doing so because they would be laughed out the door if they tried to raise angel or seed or VC. Those hosting ICOs do so in a terribly legally murky environment, and I think there are going to be a bunch of people going to jail when regulators come knocking. Where I've consulted to projects who have insisted on an ICO, my recommendation has been for them to engage good legal counsel, and to strongly consider registering it as a security with the SEC and other similar bodies around the world.

Even if I provide the best technical advice, and this project has the most amazingly architected system, it is still a startup and normal startup risks would apply (99% of startups will and do fail).

tl;dr - if you're investing in this because some dude on Twitter, who thinks being called "fluffypony" is a pretty neat idea, is giving the software design a once-over, I suggest you reconsider your investment strategy;)

The tail emission is less than 1% when it kicks in, and given that there is natural coin loss it'll tend towards zero or even be deflationary in nature.

More importantly, the tail emission is REQUIRED to prevent out-of-band payments to miners, which can be used to attack the dynamic block size limiter. I have yet to hear a sound argument for why deflation is required for a good MONEY, although I'm sure it's required for a good INVESTMENT. Monero's stated goal is to be the former, not the latter.

Using the benchmarks from here: https://www.servethehome.com/monero-mining-benchmarks-select-dual-intel-xeon-e5-systems/ we can figure that something like a Xeon E5-26870 V1 (available since March 2012) can do about 375h/s. As you can see in the image below, the Bytecoin hash rate averaged at like 1500h/s for the duration of its fake existence (about 20 months).



So basically if they had 8x of those CPUs they could've generated it in 10 months. And if they had 80x of them they could have done it in a month. Given the AWS cost at the beginning of 2014 it wouldn't have been insanely expensive to just use AWS for it; if I had to hazard a guess I'd say $20k or less in AWS cost.

And rekt in 3...2...1...



Link to original Tweet in August 2014: https://twitter.com/alain/status/500765479393177601


You're 👏🏼 getting 👏🏼 scammed 👏🏼 and 👏🏼 you're 👏🏼 too 👏🏼 dumb 👏🏼 or 👏🏼 too 👏🏼 naïve 👏🏼 too 👏🏼 realise.

Utter nonsense - I've just been on a call with a law firm in the USA, and they confirmed that at least half the states in the USA have licensing and AML/KYC requirements for crypto-to-crypto pairs.

So first it was a full business suit, now it's a jacket and smart shirt?

And just to clarify - if I wore a t-shirt then it'd be fine?

So we're judging entire projects based on the clothing that one person chooses to wear?

I mean, if I knew that was the case I would pay more attention to my shoe choice in the morning.


Not really sure what you're talking about.


SO WOULD AN INNOCENT PERSON, YOU IMBECILE.


They released something, and lied so that they would own 82% of the tokens and could offload them on the market under the auspices of there being a much wider distribution. That's the very definition of "directly scamming [someone] out of money".

Nope, not me. Ryno came through to Plett and we had an excellent lunch at The Grand, I was wearing shorts and a t-shirt. Summer's in Plett are cooking!

I have not ever been involved with any DNM on ANY level, much less Oasis. You're currently sitting 0 for 3 on your last few statements, you seem to be confused about a lot of things.

Hah hah rekt!

All of this Bytecoin resurrection stuff is because someone is throwing a tantrum: https://www.cryptocoinsnews.com/crypto-speculator-threatens-bytecoin-development-team-one-week-then-i-dump/

No you weren't.

Reposting what I said on Reddit:

Just to clarify, it's not a fork, and it does not appear to be malicious. A portion of nodes running 0.10.2.0 or 0.10.2.1 handled a reorg badly, leaving a hash->index entry in the database that should've been cleaned up, causing those nodes not to be able to sync past that block.

To reiterate: it is not a consensus issue, it is not a fork, and it does not appear to be malicious. It is a DB bug that affected a limited number of nodes.

At this time we are debugging it further, and will roll a new point release out when we have a fix.

A quick fix is to export and reimport your blockchain.