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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4547721 times)
btcone111
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December 05, 2017, 09:14:31 PM
 #36861

what's happening with Monero makes me optimistic about XMR's future, I've been mining for more than 6 months and it's very profitable. Thanks all.

I do hope you would HODL monero and believe in it.
I think monero would definitely catch up with BTC's rise and would probably show some explosive upward movement like that of DASH two weeks ago!
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NoMar02
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December 05, 2017, 09:21:34 PM
 #36862

those who believe in monero, what do you think about the onion?  Huh ^^

It's garbage that has nothing more going for it other than shills pushing it, kind of like are doing here. Not to mention the paid sig campain that they are calling an airdrop. It is nothing but one big lie and as long as you scumsuckers get paid to shill it it will continue to drag idiot n00bs into it.

So if it is a big lie how it is possible that I am getting over 1000USD weekly just for the Signature?


Simple. That is obviously a lie also.

it is not a lie.
You get every week an airdrop, Arround 7% of your Holding. All the Holdings are getting for free during the airdrops between week 1 and 18 and now its arround 1000USD weekly before it was arround 600USD weekly.

Better read first before you tell Bullshit.

Edit:

Here you see the weekly Reports,

last time over 410 USers took part on the Airdrop.

https://deeponion.org/report.php?date=2017-11-17

And you see its real
Yes, onion is so much better than Monero. Why don't you fuck off to their thread and tell them that?
Give a man some coins he'll spam for a day, teach a man to fork coins he'll fork them all day long.

Wow it seems I was in right with ONIONS. It is raising fast as hell

https://coinmarketcap.com/currencies/deeponion/


coz it's got layers ! LAYERS I tell you! Warning: peeling back might make you cry...  

$ONIONs are steadily growing and getting more attention..
I value privacy and look for projects with a great potential, hence I am currently keeping my eye on Monero, DeepOnion.
Anon136
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December 05, 2017, 09:55:20 PM
 #36863

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
uslfd
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December 05, 2017, 09:58:27 PM
Last edit: December 08, 2017, 09:52:05 PM by uslfd
 #36864

those who believe in monero, what do you think about the onion?  Huh ^^

It's garbage that has nothing more going for it other than shills pushing it, kind of like are doing here. Not to mention the paid sig campain that they are calling an airdrop. It is nothing but one big lie and as long as you scumsuckers get paid to shill it it will continue to drag idiot n00bs into it.

So if it is a big lie how it is possible that I am getting over 1000USD weekly just for the Signature?


Simple. That is obviously a lie also.

it is not a lie.
You get every week an airdrop, Arround 7% of your Holding. All the Holdings are getting for free during the airdrops between week 1 and 18 and now its arround 1000USD weekly before it was arround 600USD weekly.

Better read first before you tell Bullshit.

Edit:

Here you see the weekly Reports,

last time over 410 USers took part on the Airdrop.

https://deeponion.org/report.php?date=2017-11-17

And you see its real
Yes, onion is so much better than Monero. Why don't you fuck off to their thread and tell them that?
Give a man some coins he'll spam for a day, teach a man to fork coins he'll fork them all day long.

Wow it seems I was in right with ONIONS. It is raising fast as hell

https://coinmarketcap.com/currencies/deeponion/


coz it's got layers ! LAYERS I tell you! Warning: peeling back might make you cry...  

$ONIONs are steadily growing and getting more attention..
I value privacy and look for projects with a great potential, hence I am currently keeping my eye on Monero, DeepOnion.

Please could we mainly focus on MONERO here?
I agree deeponion may have huge potential but still

▌▌   Anonymous and Untraceable     ›› ››   DeepOnion  ‹‹ ‹‹     TOR INTEGRATED & SECURED    ▌▌
▬▬▬▬▬▬▬▬▬     ANN  Whitepaper  FACEBOOK  Twitter  Youtube  Forum     ▬▬▬▬▬▬▬▬▬
▌▌   ••  JOIN AIRDROP 🚀  ••  |||   Download DeepOnion   |||   ✅ Verified with DeepVault    ▌▌
Anon136
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December 05, 2017, 10:02:40 PM
 #36865

Please could we mainly focus on MONERO here?
I know all of you, the ONIONers have to make XX amount of posts every week to meet your sales target - but please - spare us this tiring sales pitch of your lovely coin - keep it to yourself.

If you are going to bump one of them please at least don't bump a whole wall of text of garbage as well.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Millionero
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December 05, 2017, 10:12:40 PM
 #36866

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?
I think I read a Monero update or something that said the devs are investigating that.
phishead
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December 05, 2017, 10:26:36 PM
 #36867

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?
I think I read a Monero update or something that said the devs are investigating that.

I’m pretty sure Surae and the MRL gang is on the case. I remember at the NY meetup him basically talking about (I’m paraphrasing here) how he inherently doesn’t trust the algorithm because it was created by the bytecoin devs.


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Monero
"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016

"Don't buy Monero, join our new ICO: 'The Monero Enterprise Alliance"  fluffypony:  May 24th, 2017
aminorex
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December 05, 2017, 10:48:16 PM
 #36868

Fees are becoming onerous again.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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December 05, 2017, 10:53:28 PM
 #36869

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?

Ready to fork off as required.  I'm here for the Monero Project, not cryptonight.  The Team has done an outstanding job thus far, proving themselves to be the best in the field, attracting more of the same to the snowball.  When they say it's time to upgrade, we upgrade.  I expect there will be minimal fuss (from those not developing ASICs)
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December 05, 2017, 10:59:28 PM
 #36870

Fees are becoming onerous again.

There may be a few uncomfortable months as price rockets, until all the fancy tx size reducing code is thoroughly reviewed.  Then an axe will be taken to the fees with the next hardfork.  I love how fast the team has dug in to test and implement improvements.  Only in Monero.   Would have been nice to precede Coralreef, but I certainly can't complain about speed of development (anymore).  Rock On, Monero!
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December 05, 2017, 11:19:18 PM
 #36871

Fees are becoming onerous again.

until all the fancy tx size reducing code is thoroughly reviewed.  Then an axe will be taken to the fees with the next hardfork.

Are you speaking of mimblewimble?

Ready to fork off as required.  I'm here for the Monero Project, not cryptonight.  The Team has done an outstanding job thus far, proving themselves to be the best in the field, attracting more of the same to the snowball.  When they say it's time to upgrade, we upgrade.  I expect there will be minimal fuss (from those not developing ASICs)

Good good. This is just the sort of sentiment that will make it worth nobodies time to ever even try to produce cryptonight asics.

I think I read a Monero update or something that said the devs are investigating that.

I’m pretty sure Surae and the MRL gang is on the case. I remember at the NY meetup him basically talking about (I’m paraphrasing here) how he inherently doesn’t trust the algorithm because it was created by the bytecoin devs.

Awesome. Good to know.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
MoneroCrusher
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December 05, 2017, 11:34:57 PM
 #36872

what timeline are we looking at for changing mining algo?
let me break even first, please...
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December 05, 2017, 11:53:09 PM
 #36873

Fees are becoming onerous again.

until all the fancy tx size reducing code is thoroughly reviewed.  Then an axe will be taken to the fees with the next hardfork.

Are you speaking of mimblewimble?



Bullet Proofs, and other tasty treats. Reducing Tx size by an order of magnitude will confer the same on Tx cost.
 I love how all this stuff is proposed for bitcoin, and the Team says, Oh good, we can use that!  While everyone else sits on their thumbs, or waves their hands.  Or one of each, IDFK.
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December 05, 2017, 11:55:45 PM
 #36874

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.
MoneroCrusher
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December 06, 2017, 12:06:12 AM
 #36875

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.
is there any reason to believe that there are already ASICs hashing away cryptonote?
about timeline, is this only an idea right now or is it planned already?
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December 06, 2017, 12:13:45 AM
 #36876

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.
is there any reason to believe that there are already ASICs hashing away cryptonote?
about timeline, is this only an idea right now or is it planned already?

If there are, they are running at a loss.  They are not cheap to develop/produce, so there needs to be a strong case for increased hashing speed/scale to be profitable.  Network rate would show any such increase, and existing miners would be bitching left and right about how it's no longer profitable to mine Monero.  So far, so good.
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December 06, 2017, 12:19:57 AM
 #36877

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.
is there any reason to believe that there are already ASICs hashing away cryptonote?
about timeline, is this only an idea right now or is it planned already?

If there are, they are running at a loss.  They are not cheap to develop/produce, so there needs to be a strong case for increased hashing speed/scale to be profitable.  Network rate would show any such increase, and existing miners would be bitching left and right about how it's no longer profitable to mine Monero.  So far, so good.
maybe it would still be a good idea to change PoW (not affecting GPU and CPU mining) just to scare away people even thinking about developping an ASIC. I'm pretty sure there will be one in developtment, if it isnt already stealthily hashing away..
do you know if there are any specific plans already in dev team to do that?
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December 06, 2017, 12:29:52 AM
 #36878

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.
is there any reason to believe that there are already ASICs hashing away cryptonote?
about timeline, is this only an idea right now or is it planned already?

If there are, they are running at a loss.  They are not cheap to develop/produce, so there needs to be a strong case for increased hashing speed/scale to be profitable.  Network rate would show any such increase, and existing miners would be bitching left and right about how it's no longer profitable to mine Monero.  So far, so good.
maybe it would still be a good idea to change PoW (not affecting GPU and CPU mining) just to scare away people even thinking about developping an ASIC. I'm pretty sure there will be one in developtment, if it isnt already stealthily hashing away..
do you know if there are any specific plans already in dev team to do that?

Cryptonight is specifically ASIC resistant.  Meaning current ASIC's technology can't do much better than CPU/GPU.  SHOULD that change in future, changes will be made to defeat them.  Yes, it is already being investigated.  Just read a few posts above.
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December 06, 2017, 01:12:00 AM
 #36879

what happen to xmr ,it's already double those days
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December 06, 2017, 01:24:45 AM
 #36880

How many thread do this coin need?
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