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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4560536 times)
Techone
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September 30, 2014, 02:21:46 AM
 #15141

BCX did great on manipulating people. He may also did great with buying/selling to affect the XMR/BTC chart in his favour.

Just take a look at max zoom-out at the last five days:

https://hitbtc.com/terminal/XMRBTC

Small miners and small bagholders are lured to sell now (better loose some than everything) - and they do sell, many small trades @ the orderbook.
However diff is not lower than the average, so network is doing good.

The timing of all this fud-n-fear scenario could not be better: Just some weeks before the official GUI wallet hits the download page. The GUI wallet gets XMR to the public, to the 90% of humans out there not being able to open a DOS/terminal box and execute bitmonerod and simplewallet.

So let´s see if I am terribly mistaken about all this...
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September 30, 2014, 02:26:23 AM
 #15142

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Still under consideration, including waiting to see what input we get from MEW.

I am going to re-iterate my idea of the core devs holding both the database and GUI in "ransom" for large sums.  Those features are released when people donate that amount of money.
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September 30, 2014, 02:37:40 AM
 #15143

If it can be hacked, cheated, or manipulated it must be done fixed. Don't know what, if anything BCX was trying to point out. But this is the burden that comes along with new frontiers. If ya can't hold, best get off the ride now.  Grin

Will somebody clarify the mining exploit found. What % what miners disadvantaged and what pools were involved?
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September 30, 2014, 03:18:29 AM
 #15144

Will somebody clarify the mining exploit found. What % what miners disadvantaged and what pools were involved?

Good questions. You will have to ask the pools, as they are independent of the Monero project and I don't know. I just happened to overhear on #monero-pools.

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September 30, 2014, 07:52:21 AM
 #15145

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Still under consideration, including waiting to see what input we get from MEW.

I am going to re-iterate my idea of the core devs holding both the database and GUI in "ransom" for large sums.  Those features are released when people donate that amount of money.

I am not sure if that is the case. They are probably working on the "fix" to the recent attacks.
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September 30, 2014, 08:54:11 AM
 #15146

BCX did great on manipulating people. He may also did great with buying/selling to affect the XMR/BTC chart in his favour.

Just take a look at max zoom-out at the last five days:

https://hitbtc.com/terminal/XMRBTC

Small miners and small bagholders are lured to sell now (better loose some than everything) - and they do sell, many small trades @ the orderbook.
However diff is not lower than the average, so network is doing good.

The timing of all this fud-n-fear scenario could not be better: Just some weeks before the official GUI wallet hits the download page. The GUI wallet gets XMR to the public, to the 90% of humans out there not being able to open a DOS/terminal box and execute bitmonerod and simplewallet.

So let´s see if I am terribly mistaken about all this...

Watching this post.  Smiley

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September 30, 2014, 09:45:19 AM
 #15147

If it can be hacked, cheated, or manipulated it must be done. Don't know what, if anything BCX was trying to point out. But this is the burden that comes along with new frontiers. If ya can't hold, best get off the ride now.  Grin

Will somebody clarify the mining exploit found. What % what miners disadvantaged and what pools were involved?

http://monerochain.info/charts/difficulty would have shown, but coincidentaly ... offline. Any newer service charting total network Hashrate?
Basically watch the drop in Hashrate once the pools applied the patch. Easy. Is 20957 khs now and was same order of magnitude days ago.
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September 30, 2014, 09:56:14 AM
 #15148

If it can be hacked, cheated, or manipulated it must be done. Don't know what, if anything BCX was trying to point out. But this is the burden that comes along with new frontiers. If ya can't hold, best get off the ride now.  Grin

Will somebody clarify the mining exploit found. What % what miners disadvantaged and what pools were involved?

http://monerochain.info/charts/difficulty would have shown, but coincidentaly ... offline. Any newer service charting total network Hashrate?
Basically watch the drop in Hashrate once the pools applied the patch. Easy. Is 20957 khs now and was same order of magnitude days ago.

You can use this: http://chainradar.com/xmr/chart

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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September 30, 2014, 10:38:04 AM
 #15149

I'm confident the entire reason BCX wants to "bet" is to pay for the hash power required to attack the coin. The reason he hasn't (seemingly) tried is probably because he doesn't want to expense it.

So no, Risto's refusal of the bet would have little to do with his confidence in Monero and everything to do with him not wanting to directly fund its attack.

Couldn't he fund the attack with the mined (&dumped) XMRs that he is mining or does the TW attack require him to waste the mining power?
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September 30, 2014, 11:02:57 AM
 #15150

XMR added to Cryptsy voting list. Let's vote on Cryptsy! They should add it asap.
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September 30, 2014, 11:04:41 AM
 #15151

I don't know why they are too late to the game but it's good for them to add XMR finally.
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September 30, 2014, 11:15:16 AM
 #15152

I don't know why they are too late to the game but it's good for them to add XMR finally.

i remember reading somewhere back in june around the mintpal pump that cryptsy thought there was some vulnerability with monero and CN coins. so now they must find the coin to be suitable, or they just had a good buying opportunity. can't remember where i found this but it is perhaps buried within this thread

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September 30, 2014, 11:18:24 AM
 #15153

i remember reading somewhere back in june around the mintpal pump that cryptsy thought there was some vulnerability with monero and CN coins. can't remember where i found this but it is perhaps buried within this thread

I remember that, too. But even Poloniex handled all problems, I suppose it's only about Cryptsy's lack of interest to CN coins. Not that they can't deal with vulnerabilities. Anyway, better late than never.
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September 30, 2014, 11:44:35 AM
 #15154

Voting list here: https://www.cryptsy.com/coinvotes/

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September 30, 2014, 01:47:41 PM
 #15155

i hate cryptsy so much.
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September 30, 2014, 02:00:24 PM
 #15156

Will somebody clarify the mining exploit found. What % what miners disadvantaged and what pools were involved?

Good questions. You will have to ask the pools, as they are independent of the Monero project and I don't know. I just happened to overhear on #monero-pools.



There was a double share exploit. You could essentially send the same share, without the pool noticing it, which could boost your hashrate around 15% up (this exploit was used with the private miners from pools like monero.rs)

How it works/worked:
The pool normally detects if you send the same share, so you had to alter it. A share is 8 chars long (64bit) and based on this the share gets tested, if it is a legit share, but when checking for duplicate shares this doesn't get considered, so I could submit a share 123456789, which is different, but still legit, when 12345678 legit is. This got fixed, by adding this as condition to the dupshare test

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September 30, 2014, 02:21:24 PM
 #15157

Monero has almost 1000 votes on https://www.cryptsy.com/coinvotes/Smiley

It's 1059 now. I voted when it had only 3 votes. Smiley Didn't surprise me though.
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September 30, 2014, 02:22:56 PM
 #15158

To win should still about 20,000 votes   Smiley

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September 30, 2014, 03:57:37 PM
 #15159

quick question about merged mining:

If i mine monero and merge mine with fcn or mcn, am i losing out on potential monero?

Thanks  Grin

As i understand for merged mining there are not so optimized miners as are for mining Monero. What you get beside Monero is worth so little, that cant cover that difference.

So i would be better off just mining monero?

I have 8 cores and 4 nvidea 750 ti's, would my best bet be to run 3 cores on monero and run the 4 cards on darkcoin? or can i get away with adding more cores without taking away from the gpu processing??
This whole conversation would be better off either on the Moderated Monero General Discussion Thread or better yet on the Monero Mining (unmoderated) thread.


Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
David Latapie
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September 30, 2014, 04:16:49 PM
 #15160

I have put him and this whole history on the ignore, there is no point in waste time on that anymore.

The same as here, but without the trolls.
This is a new thread, moderated with the monero-extended account so that there will always be one or more moderators here.

If you wish to apply for moderatorship, PM me. Round-the-clock moderation is always welcome.

We had some hiccups with moderation at the beginning but it should revert back to normal. Give it a try. I personally will privilege posting on the moderated thread instead of here.

I enjoy your posts so I'll give the moderated thread one more try. but If I see one more of my posts deleted that is it. Just because you don't like a post you can't delete it if it's not a troll or fud.
Just for information: I am not the moderator of the moderator thread (I don't have time for this anymore). Anon136 is and we are presently and publicly discussing the exact rules of moderation.

Now, a summary of what is being discussed on the moderated thread (to encourage you to post there and not here):

- How to help with translation, in any language: https://www.transifex.com/projects/p/monero-client-net/
- The price obsession
- An anti-Monero Twitter campaign

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
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