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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4633623 times)
fluffypony
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May 22, 2014, 03:15:06 PM
 #3321

Bytecoin has issues regarding scaling. Evan has thought of a workaround to attain ring-sig level anonymity without the drawbacks of ring-sigs. If it works = epic win. We'll see how it goes.

In the meantime Bytecoin must improve its own implementation because as it currently stands, it has issues in scaling and security (it's crackable by quantum computers). Whether this can be fixed in the current implementation or a scratching-off of the current implementation and relaunching as a new coin, will be the real question. If it's the later, all the bytecoin 1.0 + clone coins will be irrelevant. And clones of the bytecoin 2.0 variant will be unsuccessful given the history of what happened to clones of 1.0.


I'm happy to report we've successfully cracked Darkcoin's network with our new quantum computers that just arrived from BFL, a mere two weeks after we ordered them.

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othe
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May 22, 2014, 03:17:29 PM
 #3322

It doesn't matter the algorithim  lmao...So implementing Ring Signatures on Darksend would grant the same exact anonymity that it does to Bytecoin forks...Your arguement is invalid.

Bytecoin has issues regarding scaling. Evan has thought of a workaround to attain ring-sig level anonymity without the drawbacks of ring-sigs. If it works = epic win. We'll see how it goes.

In the meantime Bytecoin must improve its own implementation because as it currently stands, it has issues in scaling and security (it's crackable by quantum computers). Whether this can be fixed in the current implementation or a scratching-off of the current implementation and relaunching as a new coin, will be the real question. If it's the later, all the bytecoin 1.0 + clone coins will be irrelevant. And clones of the bytecoin 2.0 variant will be unsuccessful given the history of what happened to clones of 1.0.


Really? Quantum Computers? That is an argument...if they come out we have far worse problems. Tell me how Darkcoin is quantum computer secured? I may point to this: https://en.bitcoin.it/wiki/Myths#Quantum_computers_would_break_Bitcoin.27s_security

Also tell me how the masternode stuff will not have scaling issues?

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May 22, 2014, 03:17:58 PM
 #3323

What is the difference between Bytecoin and Monero in terms of technology?


 
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May 22, 2014, 03:19:42 PM
 #3324

Hey, would anyone mind connecting some miners to http://minemonero.com?

Thanks guys!!

You can also reach it at http://moneromine.com

anybody willing to help test out the pool?

---
NXT Multipool! Mine Scrypt, SHA, Keccak or X11 for NXT! http://hashrate.org
http://hashrate.org/getting_started for port info!
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May 22, 2014, 03:22:51 PM
 #3325

What is the difference between Bytecoin and Monero in terms of technology?

Here is my exhaustive write-up on the subject: https://bitcointalk.org/index.php?topic=583449.msg6850085#msg6850085

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May 22, 2014, 03:22:55 PM
 #3326

Darkota... you have proven your point. but I know for a fact that all this will be obsolete in 2044.  Because then we will have a technology called master dark night crypto
 node rings. This will blow everything away and Evan will have died of an heart attack while trying to implement and and so we are all wasting our time. My suggestion for  Darkota is to wait for this technology and mine it on day one. You will be filthy rich. It will be mine able on anything that can perform any sort of computation. An ordinary abacus will get 233.65 kh/s. I have seen this. It's amazing

I am the developer of this new technology and an expert.

We've had a discussion internally and we're happy to confirm that Monero will be implementing Master Dark Night Crypto Node Rings starting from version 17.3.1 planned for release on February 31st, 2044. emontmon has been confirmed as Lead Chief Major General Compu-Techno-Scientist of the Monero Group Holdings Team Partnership LLC.

May our Dear Eternal Supreme Leader Live for 10000 years

BTC: 1HoDKDn6Gk7mggAhbRVA1T9UAU8kFAA6sy
darkota
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May 22, 2014, 03:22:58 PM
 #3327

What is the difference between Bytecoin and Monero in terms of technology?



Nothing.

Monero is a fork/clone of Bytecoin.
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May 22, 2014, 03:27:03 PM
 #3328

What is the difference between Bytecoin and Monero in terms of technology?



Nothing.

Monero is a fork/clone of Bytecoin.

Hey darkota - are you not going to take me up on that bet offer? My 5 BTC, your 5 BTC, other people will throw down, and in a year you could win back enough that you WILL be a Bitcoin millionaire and not need to beg for donations on your one-post Wordpress blog. Come, let's make it happen.

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May 22, 2014, 03:28:02 PM
 #3329

Something weird is happening, whenever I mine for a certain amount of time, all shares are getting refused. Anybody having this issue? I don't know if time is the factor or something else happening on the computer but it is very weird.

Something weird is happening, whenever I mine for a certain amount of time, all shares are getting refused. Anybody having this issue? I don't know if time is the factor or something else happening on the computer but it is very weird.

Are you using cpuminer-multi?  (minerd)

I have the same problem - whether I use the --no-longpoll flag or not, it still switches to "booooo" after some number of hashes, and then stays there.  It looks like a bug in the pool code, as the difficulty appears to drop back to the pool's openign value at the same time.

i.e. pool might start me off at difficulty 500.. it will then go up to a higher level incrementally with lots of "yay", and then suddenly minerd shows difficulty back at 500 and forevermore get boooo.

I'm back to using simpleminer again and just running multiple instances of it - one for each cpu thread.


Same here as well. Now the really weird part is this is only happening on my Linux Mint box at home... all my ubuntu vps's hash just fine with the same miner and settings for days on end with less that 5% rejects for 50 vps's. The only thing I can peg as a culprit is my home box has a FX8350 and mayhaps this is indeed a bug in the difficulty adjustment (cause it seems it takes a shit right at the first adjustment).

This post sums up why all this bullshit is a scam
Read It. Hate It. Change the facts that it represents.
https://bitcointalk.org/index.php?topic=1606638.msg16139644#msg16139644
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May 22, 2014, 03:36:02 PM
 #3330

What is the difference between Bytecoin and Monero in terms of technology?



Nothing.

Monero is a fork/clone of Bytecoin.

darkato: on a serious note. how does darkcoin/evan address the anonymity issue regarding the permutation affixers that are brought about multi-mining where the master nodes are inversely proportional to the income generated by solo miners. This seems to create a huge problem for a sector issue that is over fluxed by the dark send protocol

in my opinion this can all be aovided by using a dark sent protocol. In this way not only do you not know who the reciever is, but your money is sent with out you knowing about it. hence anonymity is increased 10,100 percent. I can not believe evan has not even addressed this issue. this is for a fact quatum resistent. according the the Guatemalan journal of Technology ( a very respected journal in quantum computation using alien techonology from mayans).
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May 22, 2014, 03:40:24 PM
 #3331

can we please shut the fuck up about fighting between monero and darkcoin. are you guys fucking 8 year olds. who gives a fuck. stay in your own threads, insert tampons and get over it. they are both good coins, leave it at that. your just irrelevantly spamming another coins thread because your afraid your darkcoin investment is going to the ground.

• ⓢⓤⓒⓗⓝⓔⓚⓚⓨ •
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May 22, 2014, 03:40:38 PM
 #3332

Inflation is a bitch. Might wait until price is lower. Longer you wait, price may drop.
What's the average amount of coins being made per day? Like 25k?
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May 22, 2014, 03:41:23 PM
 #3333

Looks like miners, or somebody, is voting on the 2-minute block vs 1-minute block.

QCN now higher than MRO on polo.




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May 22, 2014, 03:45:59 PM
 #3334

Fluffypony are you one of the devs for MRO?

On another note where is that nice chart of hashing power that was around earlier in the thread? Anyone got a link?
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May 22, 2014, 03:58:10 PM
 #3335

Looks like miners, or somebody, is voting on the 2-minute block vs 1-minute block.

QCN now higher than MRO on polo.
24-hour Volume: 17.97394377 BTC

QCN worth 0.004? haha  Cheesy

Yesterday it was 0.0001
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May 22, 2014, 04:02:04 PM
 #3336

Looks like miners, or somebody, is voting on the 2-minute block vs 1-minute block.

QCN now higher than MRO on polo.

A slightly higher price on the back of 18.5 BTC in volume vs. MRO's 273 BTC volume? Not a relevant comparison.

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May 22, 2014, 04:02:48 PM
 #3337

Inflation is a bitch. Might wait until price is lower. Longer you wait, price may drop.
What's the average amount of coins being made per day? Like 25k?

yep its about that, at these prices if 70% of coins are sold daily it needs 70 btc a day to keep a price of 0.004.
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May 22, 2014, 04:02:54 PM
 #3338

wow that latest builds gave me some serious 100%  more hashrate, well done!

XCurrency Price Speculation Topic
Coin Control Basic guide                                                                XChat address/private/instant/absolute: XSKu1fpwvRcAekfK91qVHi51Tgz4ckoA91
XChat public key: zcfx74j4fFK9hW7rQniTvLyDyXd9SyRCrncP9vdukbVT
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May 22, 2014, 04:04:06 PM
 #3339

Looks like miners, or somebody, is voting on the 2-minute block vs 1-minute block.

QCN now higher than MRO on polo.

A slightly higher price on the back of 18.5 BTC in volume vs. MRO's 273 BTC volume? Not a relevant comparison.

Ignore him he's just pumpin QCN, just asked for it to be added to cryptonote because it makes sense fee wise. That's despite 18BTC volume on an exchange like polo  Grin
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May 22, 2014, 04:04:31 PM
 #3340

Fluffypony are you one of the devs for MRO?

On another note where is that nice chart of hashing power that was around earlier in the thread? Anyone got a link?

There are several of us involved at the core of MRO on various levels besides mucking about in C/C++, but yes, I am one of them Smiley

Hash rate graph is here: http://monerochain.info/charts/hashrate

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