ViolentlyPeaceful
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Activity: 2
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August 22, 2017, 04:48:19 PM |
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Why prices rise today?
Why not? If there's some truth on the fact that people are getting hyped with bitthumb, then it should keep rising a little bit until it "opens" to the market August 27. |
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Hueristic
Legendary
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Activity: 4368
Merit: 6492
Doomed to see the future and unable to prevent it
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August 22, 2017, 05:24:27 PM |
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Why prices rise today?
This is a great time to buy if you afford it, this market is being intentionally suppressed and we all know what happens when that stops.  |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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nioc
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Activity: 1624
Merit: 1008
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August 22, 2017, 06:51:52 PM |
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5) You are a shop owner, and have registered a Monero address with the IRS as your official retailer address. You use this address for receiving payments from all of your customers. At the end of the year, the tax man uses the view key you provided them with to check how much you received, so that you pay the appropriate taxes....
Good stuff, but seriously, the IRS using your viewkey? The IRS forms are ancient, they have nothing for that sort of thing, so how will that ever work in this day and age? I understand it and agree, but I don't see the IRS actually giving any shits about that kind of thing. It's hard enough to claim BTC on tax forms, let alone any other crypto!  Monero is doing pretty well. Great to see ongoing developement.
Monero is so undervalued it's crazy. I'd still buy more if I could.  I suppose it's likely the IRS will barely have Bitcoin on their radar, never mind Monero, but I was simply pointing out to chilly2k the fact that if the day comes when people are using Monero, they can prove their income and pay relevant taxes with the use of a viewkey. The IRS will need to figure out crypto soon enough. Guys don't kid yourself, btc is already on their radar. They have people dedicated to it  |
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bluudz
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Activity: 219
Merit: 116
Why so serious?
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August 22, 2017, 08:07:24 PM |
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The transaction got sent in the end, this morning I can see first few confirmations. (feuw!)
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Ecorpcoin
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Activity: 14
Merit: 0
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August 22, 2017, 09:49:28 PM |
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Will monero be switching to PoS anytime soon?
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Hueristic
Legendary
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Activity: 4368
Merit: 6492
Doomed to see the future and unable to prevent it
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August 22, 2017, 10:29:05 PM |
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Will monero be switching to PoS anytime soon?
*Soon™ LOL |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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explorer
Legendary
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Activity: 2016
Merit: 1259
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August 23, 2017, 12:07:40 AM |
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Will monero be switching to PoS anytime soon?
*Soon™ LOL   Piece of shit. Still my immediate association with pos. And as far as I know, fits in all cases. |
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Hueristic
Legendary
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Activity: 4368
Merit: 6492
Doomed to see the future and unable to prevent it
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August 23, 2017, 01:45:08 AM |
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Will monero be switching to PoS anytime soon?
*Soon™ LOL Piece of shit. Still my immediate association with pos. And as far as I know, fits in all cases. Running a node is a Pita so maybe thats a Piece of Shit solution. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Metros
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August 23, 2017, 01:47:03 AM |
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Will monero be switching to PoS anytime soon?
*Soon™ LOL Piece of shit. Still my immediate association with pos. And as far as I know, fits in all cases. Running a node is a Pita so maybe thats a Piece of Shit solution. I doubt Monero will ever move to PoS. It works very well as PoW. PoS and privacy ain't working well together. |
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qgmurugan007
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August 23, 2017, 01:49:00 AM |
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Will monero be switching to PoS anytime soon?
*Soon™ LOL Piece of shit. Still my immediate association with pos. And as far as I know, fits in all cases. Running a node is a Pita so maybe thats a Piece of Shit solution. I doubt Monero will ever move to PoS. It works very well as PoW. PoS and privacy ain't working well together. Do you know of any privacy coins which implemented POS and eventually failed? I think POS would be a nice addition for the coin |
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tsaroz
Legendary
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Activity: 3486
Merit: 1125
Contact @yahoo62278 on telegram for marketing
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August 23, 2017, 01:53:34 AM |
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Will monero be switching to PoS anytime soon?
*Soon™ LOL Piece of shit. Still my immediate association with pos. And as far as I know, fits in all cases. Running a node is a Pita so maybe thats a Piece of Shit solution. I doubt Monero will ever move to PoS. It works very well as PoW. PoS and privacy ain't working well together. Do you know of any privacy coins which implemented POS and eventually failed? I think POS would be a nice addition for the coin Staking compromises privacy. With advance tracking systems being built, keeping hold of a sum of coins for longer would make easier to track/relate the user and the pattern of use. That's the reason why we see coin mixing services. |
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Hueristic
Legendary
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Activity: 4368
Merit: 6492
Doomed to see the future and unable to prevent it
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August 23, 2017, 02:23:39 AM |
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Will monero be switching to PoS anytime soon?
*Soon™ LOL Piece of shit. Still my immediate association with pos. And as far as I know, fits in all cases. Running a node is a Pita so maybe thats a Piece of Shit solution. I doubt Monero will ever move to PoS. It works very well as PoW. PoS and privacy ain't working well together. Do you know of any privacy coins which implemented POS and eventually failed? I think POS would be a nice addition for the coin Staking compromises privacy. With advance tracking systems being built, keeping hold of a sum of coins for longer would make easier to track/relate the user and the pattern of use. That's the reason why we see coin mixing services. but But but I really really want free coins.  |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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smooth
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Activity: 2968
Merit: 1203
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August 23, 2017, 02:28:22 AM |
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I don't understand how PoS is supposed to work if you can't even see how many coins are in the wallet. (Ignoring all other issues with PoS for the time being.)
If you can see how many coins are in the wallet, that obviously compromises privacy, at least to some degree.
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Hueristic
Legendary
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Activity: 4368
Merit: 6492
Doomed to see the future and unable to prevent it
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August 23, 2017, 02:43:14 AM |
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I don't understand how PoS is supposed to work if you can't even see how many coins are in the wallet. (Ignoring all other issues with PoS for the time being.)
If you can see how many coins are in the wallet, that obviously compromises privacy, at least to some degree.
Well thats easy the staking wallet would have a public view key, but I was being Facetious. I'm not a POS supporter, actually I left NobleCoin when it went POS and all the little scammers showed up to P&D it. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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smooth
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Activity: 2968
Merit: 1203
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August 23, 2017, 02:47:30 AM
Last edit: August 23, 2017, 04:54:29 AM by smooth |
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I don't understand how PoS is supposed to work if you can't even see how many coins are in the wallet. (Ignoring all other issues with PoS for the time being.)
If you can see how many coins are in the wallet, that obviously compromises privacy, at least to some degree.
Well thats easy the staking wallet would have a public view key, but I was being Facetious. I'm not a POS supporter, actually I left NobleCoin when it went POS and all the little scammers showed up to P&D it. That doesn't literally work because View Keys don't by themselves show what has already been spent (in which case it wouldn't count for staking). This could be fixed by also disclosing key images though. But also, widespread public disclosure of view keys (for example for staking) and key images would still compromise privacy. I regularly raise this in development discussions, as a goal to work toward other convenient ways of doing things that do not involve disclosing view keys and reducing incentives to share view keys. If too much of it happens for whatever reason, that's bad for overall privacy. To some extent that goal is not entirely achievable, but paying people to do it would be the last thing we would want. |
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Hueristic
Legendary
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Activity: 4368
Merit: 6492
Doomed to see the future and unable to prevent it
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August 23, 2017, 04:53:18 AM |
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I don't understand how PoS is supposed to work if you can't even see how many coins are in the wallet. (Ignoring all other issues with PoS for the time being.)
If you can see how many coins are in the wallet, that obviously compromises privacy, at least to some degree.
Well thats easy the staking wallet would have a public view key, but I was being Facetious. I'm not a POS supporter, actually I left NobleCoin when it went POS and all the little scammers showed up to P&D it. That doesn't literally work because View Keys don't by themselves show what has already been spent (in which case it wouldn't count for staking). This could be fixed by also disclosing key images though. But also, widespread public disclosure of view keys (for example for staking) and key images would still compromise privacy. I regularly raise this in development discussions, as a goal to work toward other convenient ways of doing things that do not involve disclosing view keys and reducing incentives to share view keys. If to much of it happens for whatever reason, that's bad for overall privacy. To some extent that goal is not entirely achievable, but paying people to do it would be the last thing we would want. So yup it could be done and it would suck (technically speaking).  |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Andretti83
Full Member
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Activity: 297
Merit: 112
PRIVATE AND NOT PREMINED: MONERO, AEON, KARBO
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August 23, 2017, 06:12:35 AM |
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Metros
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August 23, 2017, 07:36:34 AM |
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Will monero be switching to PoS anytime soon?
*Soon™ LOL Piece of shit. Still my immediate association with pos. And as far as I know, fits in all cases. Running a node is a Pita so maybe thats a Piece of Shit solution. I doubt Monero will ever move to PoS. It works very well as PoW. PoS and privacy ain't working well together. Do you know of any privacy coins which implemented POS and eventually failed? I think POS would be a nice addition for the coin Dude, not gonna happen. there is a reason why monero is n.1 privacy coin and they will never move to POS. With all the respect, DASH is not a privacy coin and nither PIVX. |
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NextLevel
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Activity: 30
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August 23, 2017, 10:13:07 AM |
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Hey people i got a problem with my wallet (monero-gui-0.10.3.1-beta2). Im trying to sync up but it doesnt work. It says "synchronizing" but the blocks are getting more instead of less.
I also tried to run "monerod" via terminal but there it also says "synchronization started" but nothing happens (blocks are getting more).
Thats the status: "1382339/1382827 (99.9%) on mainnet, not mining, net hash 141.37 MH/s, v5, up to date, 7(out)+0(in) connections, uptime 0d 1h 33m 17s"
Any ideas? Im on linux mint and had no such problems before.
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