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301  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: April 27, 2015, 07:52:43 PM
No disrepect Fluffy but that is a deflection.

I would like to get an answer to this, I think it's fair seeing as you are here making the accusation

You see, it's this sort of behaviour that makes me wonder if you're either incredibly stupid or just trolling. I replied to that already. Best you read up, son: https://bitcointalk.org/index.php?topic=199685.msg11214972#msg11214972
302  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: April 27, 2015, 07:43:02 PM
So this is the Monero lead dev and owner of MyMonero.com, where aparently 50% of Monero wallets reside.

We've published absolutely no stats, and it's impossible to determine how many Monero "wallets" there are, so where do you get that figure from? Stop lying, BlockaFett, it's unbecoming and unprofessional.
303  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: April 27, 2015, 07:41:19 PM
-snip-

You call youurself a dev and you dont know what premine is. What a moron. DASH was not premined, and displaying it like that is incorrect and unprofessional from a site claiming to know what its doing.

You call yourself literate and yet you can't read? What a moron.

The term "significantly premined" is the term that CoinMarketCap uses to refer to both instamined and premined currencies. It's a generalisation, and not a wildly incorrect one, and I was using their terminology.
304  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: April 27, 2015, 07:12:47 PM
also, thanks for admitting monero had a 12.5% unfair mine. is that 12.5% from the "current coin supply" or the "total coin supply"? your blatant metric deception is confusing everyone.

We're not afraid of discussing Monero's launch because:

1. We didn't launch it, so we had no control over any of those factors.
2. We have not, at all, broken our social contract.

To be specific:

The "glitch" in the obfuscated miner was fixed extremely fast (by NoodleDoodle, one of the core team members), a lot faster than most people remember. At the time it was a pretty big deal.

Specifically, the change was commited May 7th, so ~19 days from launch = 2.58% of initial emission mined up to that point (we have infinite tail emission, but still use the 18.4 million initial emission as a reference point). This was roughly a 2.5x speed improvement over the original (sorry smooth, I was misremembering yesterday). There was an additional speed bump, once AES-NI support was added on May 18th, and that was an additional ~5x speed improvement, so by the time the first month had passed we'd improved the miner efficiency by more than 12x and made those changes publicly available.

A good exercise is to look at a logarithmic hashrate chart for the period:



You can see the initial spike as speculative miners start CPU mining, and then a continual ramp-up, with spikes on May 4th-8th and again on May 19th-20th, but neither of those spikes are orders of magnitude greater than the initial spike.

Remember, too, that at the time the core team that you know and love today didn't know each other. I knew othe a bit (online), but I'd never even had a passing pm with any of the others. Plus the community as a whole, largely spearheaded by those who would become the core team, were in the process of taking it over after things with thankful_for_today were...not working out;) So collusion on any level would have been unlikely, and if we did collude with the intent to scam you can bet we would have run with an improved miner for a lot longer than a couple of days. We would have mined for many months with only small improvements to the hashing function, and added lots of whiz-bang features to build the price up whilst we built up our stash.

Also to add, here's a log chart for all time:



You can see the onboarding of speculative miners and the improvements in hashing efficiency up till 2014-05-20, after which all changes were largely inconsequential. At that point 826k XMR had been mined, so we're talking about dga and others competing with our public improvements to the hash function that everyone used for a piece of 4.49% of the initial emission. It was a bit of an arms race, although the miners that were just pulling the changes that were committed to the repo were not at much of a disadvantage (in fact they were probably at an advantage, as they were able to expend more energy spinning up AWS instances since they weren't trying to optimise code:-P )

Indeed, from the moment Monero launched it had binaries for Windows 64-bit *and* Windows 32-bit, plus the other bits and pieces. The logarithmic chart clearly shows that there was nobody pressing any dominant advantage.

But, frankly, this has absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency. Your desperate attempts to deflect that betray your own struggle with acknowledging this, and I completely understand that. But this is not something raised by myself or smooth or any members of the Monero core team (or even a contributor. It's raised by someone who has nothing to do with Monero, and who was provoked by BlockaFett. That's not something we have had any control over.

Stop trying to deflect.
305  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 27, 2015, 05:32:37 PM
Are there outside branches from the main github that I should be following to see what's being progressed on. Master hasn't had any new commits since the db merge and the development branch there is so old. I'm not really sure who's doing what.

Master is staging, so we won't ever develop straight in that. If we absolutely have to for whatever reason we'll push commits directly to that repo, but that tends to make things difficult to track. So developers work in their own forks, and then submit PRs. Over the past 14 days we've been testing the following PRs (on all platforms, and against each other) before merging:

- disable non-working optimized slow_hash on 32 bit intel
- Require BerkeleyDB to be installed (for now) if building non-static
- DNS Checkpoint updating-related fixes/changes
- Mempool updates

Further, are the missives still going on? The last one is like a month old, just curious if these updates have stopped or if we can expect them to continue again in the near future.

Yes - we had some editing nigglies we had to work out, and we had to pre-record some content as I can't record on Thursday (I'm wheels up on Wednesday, landing in Frankfurt on Thursday morning) and there will be gaps when I'm in Europe when I won't be able to record. So now we have arrows in the proverbial quiver;)
306  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 26, 2015, 06:05:48 AM
All back up:)

The Galera cluster had a bit of a cascading failure due to disk space issues (logging got out of control and log-rotate setup was faulty), so the API couldn't satisfy queries. Of course, this happens in the dead of night whilst I'm asleep

If, at some point, we can afford support staff in different time zones we can alleviate the risk of this happening. If it is ever super urgent, and I am asleep, all of the core team have my mobile phone number and can call me till I wake up.
307  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 25, 2015, 05:55:35 PM
in a week price down of 40% - why?

Not as much growth in the "posable gmaxwell doll" sector as we expected. Someone should fire the VP of Marketing and replace him with someone with a man like Primer- who really knows what this industry needs.
308  Alternate cryptocurrencies / Altcoin Discussion / Re: Best altcoin on: April 25, 2015, 12:21:39 PM
i hear ron paul coin might do well again if his son gets elected.. same goes for pony coin.

Please tell me that's an actual thing and you weren't joking...
309  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 25, 2015, 12:19:28 PM
Yeah, he's also really up to his ears in bitcoin stuff too:

https://bitcointalk.org/index.php?topic=1010569.msg11191190#msg11191190

To think he spent even a modicum of time on something other than development!

Hey let's all pool 1k monero together, and vote on things we want him to do. One vote per every thousand Monero

Oh wait, that's not a representative vote, because of power law distribution we'd have maybe 200 people voting and thousands of people that wanted to vote.

If there was only a legitimate way of coming up with a vote on what we all think smooth should do next!

Could we call it MasterVotes?

Or MasterSmooths?
310  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 25, 2015, 10:34:55 AM
Dear Devs,
When might the drooling masses like me who use windows expect the DB?  As there is little I can do to help I have once again donated a little something this past week.

It's technically available right now with it merged into master if you want to build it yourself. Unfortunately, I haven't had much luck getting an already synced blockchain to convert (whether exporting and importing or running the converter, all on an octacore, 16gb ddr3 tower).

Btw - there's a known issue on Windows with high batch values when importing, and it defaults to a batch size of 20k. Try importing with --batch-size 1000 and see if it works? (not sure if we've discussed this before)
311  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 25, 2015, 10:33:18 AM
I wonder, in order to have osCommerce plugin for monero like bitcoin has all we need is the viewkey thing?

Why would you need a viewkey for that?
312  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 25, 2015, 10:32:26 AM
For all intensive purposes...
Sorry, but this is a pet peeve of mine.  What you should say instead is "for all intents and purposes..."


This is unfair to the rare person who really was talking about the subset of purposes that are intensive.

I agree, I think we're being Intensivest with these sort of broad, sweeping language corrections. If we're not careful it's a slippery slope towards Antidisestablishmentarianism.
313  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 22, 2015, 11:05:28 PM
OK so Monero is as different to Bytecoin, Dashcoin, etc, as a Ferrari is to an Audi TT.....get it.

Care to explain *how* Monero is that different?  How is Monero tech so much more beneficial to users than Bytecoin/Dashcoin than a solid state disk is to a HD?   Does it sync faster and have faster transactions?  What exactly?

Sure: Dash has compromised privacy with, at best, a risk that based on probabilities. Monero delivers privacy with risks that are cryptographically negligible.

Dash has trivially exploited "instant" transactions voted on by an over-incentivised central network of nodes. Monero is looking to deliver a trustless hub-and-spoke payment system for instant transaction processing.

Ask a simple question about Monero....Get a lecture from the Monero lead dev about....DASH?   Why?

Hah hah, your ridiculous trolling has reached new heights, Blob of Feta.

You literally asked for a comparison, and then when you're given one you're all "OMG WHY DID YOU GIVE ME THAT COMPARISON WITH DASH? DEV MUST BE TROLLING, MONERO DEV DOES NO WORK ON MONERO AND ONLY TROLLS! IS IT TRUE?"
314  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 22, 2015, 10:58:20 PM
OK so Monero is as different to Bytecoin, Dashcoin, etc, as a Ferrari is to an Audi TT.....get it.

Care to explain *how* Monero is that different?  How is Monero tech so much more beneficial to users than Bytecoin/Dashcoin than a solid state disk is to a HD?   Does it sync faster and have faster transactions?  What exactly?

Sure: Dash has compromised privacy with, at best, a risk that based on probabilities. Monero delivers privacy with risks that are cryptographically negligible.

Dash has trivially exploited "instant" transactions voted on by an over-incentivised central network of nodes. Monero is looking to deliver a trustless hub-and-spoke payment system for instant transaction processing.
315  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 22, 2015, 10:47:06 PM
OK, your argument is that 'Monero is a secure, private, untraceable currency that is open-source and freely available to all.'

When I ask what is the *unique* value over all the other coins that claim to be private & untraceable the same as you do, including coins with essentially the *same code* as Monero, the answer is that it can't be described in one sentence...I got my answer, thanks.

Dude you're right.

Also a Ferrari is essentially the same as an Audi TT.

An iPhone is essentially the same as a Nokia 3310.

A micro-SD is essentially the same as a 5.25" hard drive.

Facebook is essentially the same as MySpace.
316  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 22, 2015, 10:40:59 PM
Every single world-changing human invention can have it's benefit described in one sentence.

Oh really? What was the single-sentence value proposition of the internet back in 1988? Let's hear it... it better be visionary!

IDK. First way for users to instantly share digital information anywhere in the world using a common standard?  Is it a trick question?

How many users shared information in 1988? I started using the www with NCSA Mosaic in 1994 or 1995, and I didn't have a website until maybe 2002. Your value proposition is incorrect, and invalid until 20 years later.
317  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 22, 2015, 10:35:39 PM
Like I said, the claim here is Monero is going to change the world and a profound new technology etc.

No, not at all. The only valid claim is on the getmonero.org website: "Monero is a secure, private, untraceable currency that is open-source and freely available to all."

Every single world-changing human invention can have it's benefit described in one sentence.

Really? Describe the benefit of the Diffie-Hellman key exchange in one sentence. Or describe the benefit of the kingpost truss in one sentence? Or describe the benefit of the intraoperative cell salvage during invasive operations in one sentence?

Technical invention / innovation doesn't need "one sentence", because peers (hence peer review) don't mind reading.

Technical projects where the devs hide behind lots of text, shiny marketing graphics and claims that non-technical people are 'too blind to see it' are the ones that have no value in my experience.

I agree, that's why I've pointed out snake oil and scams like Ethereum and Darkcoin/Dash.

From the last few pages what I learned is:  There is not one unique reason why anyone would want to use Monero, apart from all the other Bytecoin clones are scams.

Absolutely, as long as you're happy to ignore the 800+ commits we've made and the functionality they've added, then you are completely correct.

Just my opinion, unless you can say what the value is yourself, without claiming that it can't be described in English or it is somewhere on a marketing graphic...

Ironically it's not a marketing graphic, it's an explanatory image with bullet points. The bullet points are actually largely technical, and nor marketing fodder at all. If you want to have a discussion you need to read those Design and Development goals, and then we can chat.

Sorry tough questions Fluffy, but in real world this is what you get.  You have worked with VCs, you should know this?

Monero is an open-source project with unpaid contributors all over the globe. If I got hit by a bus tomorrow it would continue. There's absolutely no comparison with a VC-backed business, and your inference shows how little you understand about open-source development (you must be spending too much time around scamcoins).
318  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 22, 2015, 10:08:06 PM
I don't know, but i'm guessing it's not possible to describe it in one sentence, instead I have to read more pages of text?

I don't get your fixation on "one sentence".

Those who are technically competent and interested in cryptocurrencies will read the "pages of text" because that's how they prove Monero's worth to themselves.

Those who aren't technically competent will use whatever their girlfriend or boss or mom uses.

There exists this narrow band of maybe - MAYBE - 20 000 people scattered across the globe, gathering on obscure Internet forums, who are not competent enough to intuitively recognise a cryptocurrency based on solid fundamentals, but not so technically inept that they need their daughter to help them change their desktop background. Those are the people that need "one sentence", but since that group has a significant number of profit-seekers and scammers there's no point in us pandering to that group. They'll either figure it out on their own, or they won't.

You'll either figure it out on your own, or you won't.
319  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 22, 2015, 09:50:49 PM
The obvious question would be, how can Monero be the 'only truly' fungible cryptocurrency, if there are other cryptonote coins with the same tech?  (and obviously there are other coins that claim to be fungible so 'truly' is subjective)

Which CryptoNote cryptocurrencies have even discovered the issues we found in MRL-0001 or MRL-0004, much less fixed them? Without that how can they even pretend fungibility?
320  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: April 22, 2015, 09:17:27 PM
It's like somebody insisting that Octocoin can replace Bitcoin, since hey - there is nothing in Bitcoin that wasn't in octocoin!

Sorry. Clones don't count. Only Bitcoin and Monero are legitimate coins.



I have looked far and wide, this is true and I speak with personal conviction since these are the only coins I hold permanently.

So now all alt coins are scams except Monero?  I thought Monero was a clone of Bytecoin?  And I asked what real innovation Monero has done over Bytecoin and still not got a clear answer, but now Monero is going to overtake Bitcoin?  Confused..

Who said we were going to overtake Bitcoin? I've never said anything of the sort.

We've literally told you the real innovation, both in written form and in pretty graphics, and you refuse to acknowledge the answers...so I guess here they are again. We can keep doing this all day.

Hi, sorry I don't get the actual use of all these features..  I am trying to ascertain, what are the *real world* benefits to users of this?  For example Dash recently implemented instant transactions, example of real world use is: "Let users buy stuff at same speed as credit card without waiting 15 minutes" - sorry to mention Dash, but I am trying to understand Monero innovation in these terms.  And quantify that against other Cryptonote coins in the market?  Is this possible?

Here, I wrote some catch phrases for you:

- new daemonize mode: Monero: no need to run it in a screen session!
- background forking on Unix-like operating systems Monero: if you love Linux you'll love how Monero forks!
- backgrounding on Windows via services Monero: the only CryptoNote that runs as a Windows service...sysadmins love us!
- QoS (bandwidth control) on both up and down links Monero: we're literally the only cryptocurrency that has this
- fallback blockchain storage in LMDB's vl32 experimental branch Monero: efficient storage on 32-bit devices
- alternate blockchain storage in Berkeley DB Monero: got ARM? We've got your blockchain storage solution!
- DNSSEC root keys Monero: DNSSEC where you need it most on a resolver
- DNSSEC verification for MoneroPulse (distributed checkpointing) Monero: safe, secure, distributed checkpoints keep your blockchain in sync
- DNSSEC verification for OpenAlias resolution Monero: now with OpenAlias cryptocurrency becomes easy, even for grandma!
- base support for Dr. Monero (performance analysis tool) Monero: don't get fed-up with a lack of tools, devops, we've got you covered
- new logging system, based on the same core subsystem as OpenTransactions Monero: all the logging, all the time
- gtest updated Monero: our tests use the latest gtest, because we're simply that cool
- libunbound updated Monero: no libunbound bugs for us!
- 32-bit fixes Monero: even your 5 year old Dell will run it...soon!
- ARM fixes Monero: got a Raspberry Pi? Monero loves you!

Hope this helps. I know that computers are big and scary, but I believe in you. You can do it!




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