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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4530805 times)
Este Nuno
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January 08, 2015, 10:02:21 AM
 #18901


bitUSD and bitBTC are centralized solutions. The exchange rate doesn't magically sit at one, they have a fund manager.

There may be some utility there, for the darknet, but when the feds shut down the fund manager it all goes to shit.

Look, cryptocurrency functions very similarly to how Liberty Reserve worked. Liberty Reserve servers stored fund allocations and transfers as cryptographic signatures, and then deleted the records. Feds shut it down because it was centralized and easy to shut down. The market adapted.

I thought NuBits was pegged to the USD via bots, is that the one you're thinking of? Doesn't bitUSD have an entirely separate market based mechanism for attempting to stabilize the value?
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January 08, 2015, 11:40:34 AM
 #18902

alright that was pretty impressive, I was critical of Atrides in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

Welp, if no one else is gonna suggest things, I'll throw something out there.

I think some kind of web payment / storefront interface would be a winner. Once shapeshift.io gets monero going, I think that we could piggy back on existing bitcoin payment processing to enable businesses to accept monero.

monero -> shapeshift -> bitcoin -> bitpay

of course the goal is to create an easy plug 'n play thing for e-commerce sites to implement.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
MoneroMooo
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January 08, 2015, 12:00:53 PM
 #18903

There is now a monero tipbot in #monero, tippero, kindly hosted by fluffypony.

It is coded from scratch, but works in the same way as typical IRC tipbots. See !help and !commands for more info, how to use it, etc.

If you spot any bug, feel free to ping me.

nioc
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out of the blue and into the black


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January 08, 2015, 12:24:59 PM
 #18904

I have been mining for a couple months at backup-pool for monero.  I have noticed that every once in a while someone moves their farm or botnet, etc.(~60+KH) to the pool and it gets really unlucky for finding blocks.  Is is possible that someone is exploiting the pool with some exploit, or is it coincidence?  I have noticed it more than once.  

http://backup-pool.com/monero/#pool_blocks

Well the last 3 blocks were found rather quickly.

CyrptonotePoolUK is a small pool as well and has a stat that shows the block finding luck factor which they call more appropriately "pool variance" with  >100 is worse than expected and <100 is better.  I was over 100 for quite a while being as high as 126 and then went down to the low 90s.  What would you have thought of the variance when it went from 126 to 92?

If you take smooth's suggestion please let us know but I believe you will find it is variance and/or selective memory.

If you don't know where you're going any road will get you there
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January 08, 2015, 12:50:59 PM
 #18905

Where are we at with the donations for freebazaar ? Total donated ?

Its funny how Atrides made no posts in the last 24h...
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January 08, 2015, 01:06:14 PM
 #18906

You must have missed it.  He just posted and it looks like he will go ahead and start,

@wpalczynski

Where are we at with the donations for freebazaar ? Total donated ?

Its funny how Atrides made no posts in the last 24h...
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January 08, 2015, 01:10:37 PM
 #18907


There are 8543 coins in the wallet. I can spend ca.40-50% of my working time. if that is ok, I can start next week.
And I'll check the options from other thread about escrow. We need some options and good escrow system with hedging.


Found it, posted 13h ago.

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January 08, 2015, 01:29:00 PM
 #18908

Quote
Poll: What cryptocurrency do you have the most faith in the long term?
https://bitcointalk.org/index.php?topic=915569.0

You guys know what to do.  To the MoneroMobile!

Deploy the swarm!


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
dEBRUYNE
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January 08, 2015, 01:29:38 PM
 #18909

There is now a monero tipbot in #monero, tippero, kindly hosted by fluffypony.

It is coded from scratch, but works in the same way as typical IRC tipbots. See !help and !commands for more info, how to use it, etc.

If you spot any bug, feel free to ping me.



Is it possible to extend this to reddit/twitter etc.? Would be nice to tip some XMR to newcomers on reddit.

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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January 08, 2015, 01:30:00 PM
 #18910


There are 8543 coins in the wallet. I can spend ca.40-50% of my working time. if that is ok, I can start next week.
And I'll check the options from other thread about escrow. We need some options and good escrow system with hedging.


Found it, posted 13h ago.



IIRC another 200 XMR has been added to it since this post.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
wpalczynski
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January 08, 2015, 01:30:29 PM
 #18911

https://blog.openbazaar.org/security-incident-developer-impostor/
MoneroMooo
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January 08, 2015, 02:58:35 PM
 #18912

There is now a monero tipbot in #monero, tippero, kindly hosted by fluffypony.

It is coded from scratch, but works in the same way as typical IRC tipbots. See !help and !commands for more info, how to use it, etc.

If you spot any bug, feel free to ping me.



Is it possible to extend this to reddit/twitter etc.? Would be nice to tip some XMR to newcomers on reddit.

I doubt it, though I don't know enough about reddit/twitter etc to really have an informed opinion.
triplef
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January 08, 2015, 03:56:20 PM
 #18913

our pool avg is 96%, there is one guy who leases when the timing is right xmr value up etc, and brings an extra 60khs

its not a botnet as it would be varying in speed, this is FLAT 60k and a reverse on ips etc due diligence showed it's a rent.

i don't think luck is manipulated, but i did see something that influences it , ill test theory in a few days (w/e) and let you know.

we go from 90 to 101% our avg is 96% , i will add stats soon to dashboard , its already there, just needs a publish.


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Still wild and free


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January 08, 2015, 04:01:41 PM
 #18914

alright that was pretty impressive, I was critical of Atrides in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

Welp, if no one else is gonna suggest things, I'll throw something out there.

I think some kind of web payment / storefront interface would be a winner. Once shapeshift.io gets monero going, I think that we could piggy back on existing bitcoin payment processing to enable businesses to accept monero.

monero -> shapeshift -> bitcoin -> bitpay

of course the goal is to create an easy plug 'n play thing for e-commerce sites to implement.

We're looking into that with some friends. It's very preliminary, not much more to say yet.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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January 08, 2015, 04:34:52 PM
 #18915

alright that was pretty impressive, I was critical of Atrides in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

Welp, if no one else is gonna suggest things, I'll throw something out there.

I think some kind of web payment / storefront interface would be a winner. Once shapeshift.io gets monero going, I think that we could piggy back on existing bitcoin payment processing to enable businesses to accept monero.

monero -> shapeshift -> bitcoin -> bitpay

of course the goal is to create an easy plug 'n play thing for e-commerce sites to implement.

We're looking into that with some friends. It's very preliminary, not much more to say yet.

well thats just awesome!

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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January 08, 2015, 05:12:43 PM
 #18916

I'm loving hearing all these projects starting to get going.  All the donations are draining my wallet LOL.

Has anybody thought about possible hardware based wallets?  I know its early in the development of Monero but a hardware wallet kinda like the Trezor would be so freakin' awesome.  https://www.bitcointrezor.com/.  I guess we'll have to wait for wider adoption of Monero before we can dream that big. 

Monerohash.com   U.S. Mining Pool
jehst
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21 million. I want them all.


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January 08, 2015, 05:16:56 PM
 #18917

alright that was pretty impressive, I was critical of Atrides in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

Welp, if no one else is gonna suggest things, I'll throw something out there.

I think some kind of web payment / storefront interface would be a winner. Once shapeshift.io gets monero going, I think that we could piggy back on existing bitcoin payment processing to enable businesses to accept monero.

monero -> shapeshift -> bitcoin -> bitpay

of course the goal is to create an easy plug 'n play thing for e-commerce sites to implement.

We're looking into that with some friends. It's very preliminary, not much more to say yet.

well thats just awesome!

Piggybacking is cheap but it also means that there are more points of failure.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
GingerAle
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January 08, 2015, 07:00:29 PM
 #18918

alright that was pretty impressive, I was critical of Atrides in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

Welp, if no one else is gonna suggest things, I'll throw something out there.

I think some kind of web payment / storefront interface would be a winner. Once shapeshift.io gets monero going, I think that we could piggy back on existing bitcoin payment processing to enable businesses to accept monero.

monero -> shapeshift -> bitcoin -> bitpay

of course the goal is to create an easy plug 'n play thing for e-commerce sites to implement.

We're looking into that with some friends. It's very preliminary, not much more to say yet.

well thats just awesome!

Piggybacking is cheap but it also means that there are more points of failure.

right, but from what I gather, the monero -> fiat requires uber legal work. So right now there's one point of failure - not being able to buy things with monero. Until this effort is taken up with the proper resources, I think piggybacking would be useful / popular in the interim.

I mean, once shapeshift gets monero integrated, we really don't have to make anything - people wanting to use monero to pay for something at a website that uses bitpay would just go to shapeshift and put in the proper addresses.

the point of making the piggyback application would just be to make it easier to use for everyone involved.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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January 08, 2015, 07:14:34 PM
 #18919

alright that was pretty impressive, I was critical of Atrides in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

Welp, if no one else is gonna suggest things, I'll throw something out there.

I think some kind of web payment / storefront interface would be a winner. Once shapeshift.io gets monero going, I think that we could piggy back on existing bitcoin payment processing to enable businesses to accept monero.

monero -> shapeshift -> bitcoin -> bitpay

of course the goal is to create an easy plug 'n play thing for e-commerce sites to implement.

We're looking into that with some friends. It's very preliminary, not much more to say yet.

well thats just awesome!

Piggybacking is cheap but it also means that there are more points of failure.

right, but from what I gather, the monero -> fiat requires uber legal work. So right now there's one point of failure - not being able to buy things with monero. Until this effort is taken up with the proper resources, I think piggybacking would be useful / popular in the interim.

I mean, once shapeshift gets monero integrated, we really don't have to make anything - people wanting to use monero to pay for something at a website that uses bitpay would just go to shapeshift and put in the proper addresses.

the point of making the piggyback application would just be to make it easier to use for everyone involved.

Is it confirmed that shapeshift.io is working on Monero integration?
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January 08, 2015, 08:12:57 PM
 #18920

alright that was pretty impressive, I was critical of Atrides in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

Welp, if no one else is gonna suggest things, I'll throw something out there.

I think some kind of web payment / storefront interface would be a winner. Once shapeshift.io gets monero going, I think that we could piggy back on existing bitcoin payment processing to enable businesses to accept monero.

monero -> shapeshift -> bitcoin -> bitpay

of course the goal is to create an easy plug 'n play thing for e-commerce sites to implement.

We're looking into that with some friends. It's very preliminary, not much more to say yet.

well thats just awesome!

Piggybacking is cheap but it also means that there are more points of failure.

right, but from what I gather, the monero -> fiat requires uber legal work. So right now there's one point of failure - not being able to buy things with monero. Until this effort is taken up with the proper resources, I think piggybacking would be useful / popular in the interim.

I mean, once shapeshift gets monero integrated, we really don't have to make anything - people wanting to use monero to pay for something at a website that uses bitpay would just go to shapeshift and put in the proper addresses.

the point of making the piggyback application would just be to make it easier to use for everyone involved.

Is it confirmed that shapeshift.io is working on Monero integration?

nevermind, im an idiot. shapeshift itself is working on these things

https://shapeshift.io/tools.html
https://shapeshift.io/for-business.html

I think I remember reading somewhere that XMR might be integrated sometime in january.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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