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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667062 times)
Febo
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June 19, 2017, 05:34:25 PM
 #34981

Hello Monero community,

Is it still possible to get the physical Monero coins? https://cryptonic.net/product/order/4/ seems to be out of stock.

Ha. That is a good sign. I have one of their 2014 coins from first testing series. Not for sale ofcourse Tongue

Smoothie was making physical Monero also, a bit smaller then these cryptonic ones. Let me find a link for you.  https://bitcointalk.org/index.php?topic=1499278.0
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Hueristic
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June 20, 2017, 01:00:30 AM
 #34982

Hey guys, join the Monero Fantasy Football League 2017!

https://bitcointalk.org/index.php?topic=1971415.0

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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June 20, 2017, 02:31:10 PM
 #34983

Thanks dEBRUYNE and Febo, I will try your suggestions.
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June 20, 2017, 04:09:41 PM
 #34984

Hello! Help please! How to generate a Block blob data? (submitblock)

http://i12.pixs.ru/storage/1/2/3/Screenshot_6063332_26595123.jpg
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June 21, 2017, 02:38:19 AM
 #34985

Hey, devs, are you going to do something with f*ng BOTNETs??? They increased net difficulty to the moon and drops profit even lower than scam coins like bytecoin.  Embarrassed


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June 21, 2017, 09:52:25 AM
 #34986

f*ng BOTNETs

D -- Decentralization  Cheesy

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June 21, 2017, 10:03:24 AM
 #34987

What is your suggestion ?


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June 21, 2017, 11:32:48 AM
 #34988

lolz, the butthurt

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
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June 21, 2017, 05:56:46 PM
 #34989


Can someone please explain how botnets help decentralize the Monero nework? Are they mining through a pool (centralized) or are they "individually" solo mining (decentralized)?

I'm just a regular Joe trying to understand this particular concept.

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June 21, 2017, 06:09:56 PM
 #34990

What is your suggestion ?

If everyone dumps their Moneros and price goes to $10 then many will stop mine and difficulty will go down. Easy peasy. We can do it!!!


Can someone please explain how botnets help decentralize the Monero nework? Are they mining through a pool (centralized) or are they "individually" solo mining (decentralized)?

I'm just a regular Joe trying to understand this particular concept.

what makes you think that botnets are mining it?
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June 21, 2017, 07:26:04 PM
 #34991

"Ledger Hardware Wallet - Monero integration protocol for review"

https://github.com/LedgerHQ/blue-app-monero/blob/master/doc/RCT%20Monero%20validation%20on%20Ledger%20NanoS%20-%20v0.5.pdf

https://www.reddit.com/r/Monero/comments/6invis/ledger_hardware_wallet_monero_integration/

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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June 21, 2017, 07:36:42 PM
 #34992

What is your suggestion ?

If everyone dumps their Moneros and price goes to $10 then many will stop mine and difficulty will go down. Easy peasy. We can do it!!!


Can someone please explain how botnets help decentralize the Monero nework? Are they mining through a pool (centralized) or are they "individually" solo mining (decentralized)?

I'm just a regular Joe trying to understand this particular concept.

what makes you think that botnets are mining it?

Why are you getting defensive instead of explaining this concept? Did I specifically say that "botnets are mining it"? Somebody else brought it up; don't shoot the messenger. I'm merely trying to understand how botnets help to decentralize the network since this subject is often brought up on here? If you can't explain it, why respond to my query in the first place?

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June 21, 2017, 08:25:39 PM
 #34993

Why are you getting defensive instead of explaining this concept? Did I specifically say that "botnets are mining it"? Somebody else brought it up; don't shoot the messenger. I'm merely trying to understand how botnets help to decentralize the network since this subject is often brought up on here? If you can't explain it, why respond to my query in the first place?

I do not mine much and know little about it. I also never heard much that  botnets specially are helping decentralizing the network.

Botnets are just like an other miner securing the network. and I guess are decentralizing it the same way as any other miner. If they mine at smaller pools more then if they are mining at bigger pools.


But my question still stands. Why do you think that this last jump in hashing power is from botnets and not from people that google for Monero this week more then ever in past?

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June 21, 2017, 09:10:37 PM
 #34994

To the extent botnets are being used to mine Monero they are not so much decentralizing as they are securing the network.  It could be assumed that very powerful botnets could be used to CENTRALIZE the network.  But this is likely only theoretical since as we grow it will become prohibitively expensive to aim that much power at the Monero blockchain.

Botnet's do not cause the Monero blockchain to be decentralized.  The fact the Monero blockchain is truly decentralized causes botnets.

But botnets secure the blockchain by employing a large number of individual CPUs to mine which makes attacking the blockchain harder just the same as the miners of bitcoin do.

I personally see botnet involvement in a similar light to dark web markets.  In fact I see them as a little more negative as they are abusive by nature.  And since I am not an anarchist or someone with Asperger's syndrome I have a hard time accepting them as a net positive for Monero.  I think they are not. 

But we cannot be a truly decentralized, fungible, unregulated monetary system without them.  They are a side effect of our success.

Wild west gonna wild west.
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June 21, 2017, 09:35:45 PM
 #34995

Why are you getting defensive instead of explaining this concept? Did I specifically say that "botnets are mining it"? Somebody else brought it up; don't shoot the messenger. I'm merely trying to understand how botnets help to decentralize the network since this subject is often brought up on here? If you can't explain it, why respond to my query in the first place?

I do not mine much and know little about it. I also never heard much that  botnets specially are helping decentralizing the network.

Botnets are just like an other miner securing the network. and I guess are decentralizing it the same way as any other miner. If they mine at smaller pools more then if they are mining at bigger pools.


But my question still stands. Why do you think that this last jump in hashing power is from botnets and not from people that google for Monero this week more then ever in past?



I think you have failed to comprehend the gist of my posts. You seem to keep putting words into my mouth. For the Nth time, I wasn't the one who brought it up and it's definitely not the first time it's been brought up in these forums. It's not my fault if you missed the rest of them. Since you've been defensive about this topic, perhaps you control these botnets yourself and are resorting to misdirection/distraction of my sincere inquiry to understand the concept (botnets help decentralize the network). If you don't have an objective explanation, then you don't. It's OK. Your assertion that the current spike is not caused by botnets is non sequitur. My question was very specific.

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June 22, 2017, 12:15:22 AM
 #34996

Again, it's confirmed that these is new botnet
New 'Bondnet' Botnet Mines Cryptocurrencies

NSA Malware Used to Infect Windows PCs with Cryptocurrency Miner
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June 22, 2017, 12:27:36 AM
 #34997

I can confirm a ton of the new hash power is coming from OCN.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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June 22, 2017, 01:28:18 AM
 #34998

what's OCN?


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June 22, 2017, 07:31:32 AM
 #34999

There are three coins with the best level of secrecy - dash, monero and zec. Zec is still young, not tested by time, and a vulnerability was found in the monero, which was removed afterwards, but the sediment remained.

Sale the first NFT of the first foto
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June 22, 2017, 08:39:18 AM
 #35000

what's OCN?

Overclock.net.  Huge, old PC performance enthusiast community.

They banned discussion of Bitcoin for years, until they had to concede defeat by Honey Badger.

But now they love getting paid XMR to benchmark their 1337 rigz!   Cheesy



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