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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4625779 times)
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February 17, 2018, 10:10:11 PM
 #37561

txs fees are a joke! what are you doing it about it? how will ever small time miners be able to afford just the exit fee from their pools?

If you can't handle a 75 cent tx fee, you should mine a bit more before withdrawing.  If your pool is charging you more than that(that right there is the issue), then you should do your due diligence, and find a pool that isn't going to rip you off Huh
Don't forget the Elephant in the room. Bitcoin's fees are much higher, and any other coin that starts getting a bunch of traffic (e.g. Ethereum) will have their fees climb too.

Cryptos are still in development.

Except that Monero fees reduce with increased traffic.  And Bullet Proofs are coming...  

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February 17, 2018, 10:44:36 PM
 #37562

From what I can gather here this Monerov fork is considered a bad thing? But why is that actually case? Are they going to harm the XMR by forking it?


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February 17, 2018, 11:31:06 PM
 #37563

https://shouldhaveusedmonero.xyz/

Is the site not being actively run anymore? I really liked the concept.

In summary, the Intel Management Engine and its applications are a backdoor with total access to and control over the rest of the PC. The ME is a threat to freedom, security, and privacy, and the libreboot project strongly recommends avoiding it entirely. Since recent versions of it can’t be removed, this means avoiding all recent generations of Intel hardware. details https://libreboot.org/faq.html#intelme --- https://tehnoetic.com/laptops --- https://store.vikings.net/x200-ryf-certfied
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February 17, 2018, 11:47:41 PM
 #37564

From what I can gather here this Monerov fork is considered a bad thing? But why is that actually case? Are they going to harm the XMR by forking it?

If you can't scroll up several posts, I'm not sure this will help you, but:

https://bitcointalk.org/index.php?topic=583449.msg30446883#msg30446883
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February 18, 2018, 08:31:04 AM
 #37565

https://shouldhaveusedmonero.xyz/

Is the site not being actively run anymore? I really liked the concept.

That site kicks ass.

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February 18, 2018, 08:52:49 AM
 #37566

it's pretty good to se XMR so stable, even at a bear market like this.
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February 18, 2018, 09:36:44 AM
 #37567

it's pretty good to se XMR so stable, even at a bear market like this.

bear market? Are you sure it was only coffee you got  Grin

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February 18, 2018, 09:38:39 AM
 #37568

it's pretty good to se XMR so stable, even at a bear market like this.

Looks like somebody is interested in maintaining a $300 floor, at any rate.
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February 18, 2018, 09:40:05 AM
 #37569

it's pretty good to se XMR so stable, even at a bear market like this.

bear market? Are you sure it was only coffee you got  Grin

It's a bear market until 0.06!  I followed your advice and lost my life's savings  Grin
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February 18, 2018, 09:42:40 AM
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 #37570

it's pretty good to se XMR so stable, even at a bear market like this.

bear market? Are you sure it was only coffee you got  Grin

It's a bear market until 0.06!  I followed your advice and lost my life's savings  Grin

Yeeeaaahhhhh, well never trust a nooby  Wink Roll Eyes

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February 18, 2018, 02:06:11 PM
 #37571

Some info on the Monero hard fork:

https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html

Quote
we strongly believe that it's beneficial to preserve our ASIC resistance. Therefore, we will perform an emergency hard fork to curb any potential threat from ASICs if needed. Furthermore, in order to maintain its goal of decentralization and to provide a deterrent for ASIC development and to protect against unknown or undetectable ASIC development, the Monero team proposes modifying the Cryptonight PoW hash every scheduled fork, twice a year. The modifications will be light, and should not change performance profiles much. The first change is now being tested, and will happen in the coming March fork. Finally, we will continue to research alternative Proof of Work functions that may provide better ASIC resistance than Cryptonight.

Patches will be available for the following software: zone117x's pool, Snipa's pool, Lucas Jones' CPU miner, wolf0's CPU miner, ccminer-cryptonight, sgminer-gm, xmr-stak, xmrig-nvidia, wolf-xmr-miner.


 
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February 18, 2018, 06:03:14 PM
 #37572

Some info on the Monero hard fork:

https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html

Quote
we strongly believe that it's beneficial to preserve our ASIC resistance. Therefore, we will perform an emergency hard fork to curb any potential threat from ASICs if needed. Furthermore, in order to maintain its goal of decentralization and to provide a deterrent for ASIC development and to protect against unknown or undetectable ASIC development, the Monero team proposes modifying the Cryptonight PoW hash every scheduled fork, twice a year. The modifications will be light, and should not change performance profiles much. The first change is now being tested, and will happen in the coming March fork. Finally, we will continue to research alternative Proof of Work functions that may provide better ASIC resistance than Cryptonight.

Patches will be available for the following software: zone117x's pool, Snipa's pool, Lucas Jones' CPU miner, wolf0's CPU miner, ccminer-cryptonight, sgminer-gm, xmr-stak, xmrig-nvidia, wolf-xmr-miner.



I must have missed it but do we know which block will activate the fork
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February 18, 2018, 06:52:05 PM
 #37573

Some info on the Monero hard fork:

https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html

Quote
we strongly believe that it's beneficial to preserve our ASIC resistance. Therefore, we will perform an emergency hard fork to curb any potential threat from ASICs if needed. Furthermore, in order to maintain its goal of decentralization and to provide a deterrent for ASIC development and to protect against unknown or undetectable ASIC development, the Monero team proposes modifying the Cryptonight PoW hash every scheduled fork, twice a year. The modifications will be light, and should not change performance profiles much. The first change is now being tested, and will happen in the coming March fork. Finally, we will continue to research alternative Proof of Work functions that may provide better ASIC resistance than Cryptonight.

Patches will be available for the following software: zone117x's pool, Snipa's pool, Lucas Jones' CPU miner, wolf0's CPU miner, ccminer-cryptonight, sgminer-gm, xmr-stak, xmrig-nvidia, wolf-xmr-miner.



I must have missed it but do we know which block will activate the fork

There's currently no block height set yet. It'll probably be set soon though.

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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February 18, 2018, 07:47:13 PM
 #37574


https://www.reddit.com/r/Monero/comments/7ydncd/question_about_monero_deanonymization_via_forks/

Good point, being that to be a real threat, people would actually have to use the fork (for more than a one time --> exchange - dump).  I'm still not touching this shit unless  there is an approved zero-privacy-errosion method put forward, but it  does take the theoretical and temper it with reality a little.
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February 18, 2018, 07:50:31 PM
 #37575

I'm running 0.11.1.0 Helium Hydra 64 bit linux on a notebook and Armv7 on a phone.
My daemon says

Code:
2018-02-18 19:27:48.946 [P2P1] WARN global src/cryptonote_core/cryptonote_core.cpp:1283 Last scheduled hard fork time shows a daemon update is needed now.

The update is not available yet at getmonero.org
It still says
Current Version: 0.11.1.0 Helium Hydra
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February 18, 2018, 08:38:56 PM
 #37576

I'm running 0.11.1.0 Helium Hydra 64 bit linux on a notebook and Armv7 on a phone.
My daemon says

Code:
2018-02-18 19:27:48.946 [P2P1] WARN global src/cryptonote_core/cryptonote_core.cpp:1283 Last scheduled hard fork time shows a daemon update is needed now.

The update is not available yet at getmonero.org
It still says
Current Version: 0.11.1.0 Helium Hydra

Typical warning pre-fork.  It's not announced/available yet.  Better than too late Wink

See dEBRUYNE's post just above...
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February 19, 2018, 03:36:00 AM
 #37577

Should be interesting to watch the hashrate after the fork.

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February 19, 2018, 03:40:53 AM
 #37578

Should be interesting to watch the hashrate after the fork.
Yep.  Going to fire  up everything I can for a short stint just before showtime Smiley  ISP usually chokes me out within a couple hours when I start using bandwidth, but you never know  Cheesy
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February 19, 2018, 04:16:36 AM
 #37579

I'm a little behind the times, are we going to see zk-STARKS in Monero?
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February 19, 2018, 04:34:09 AM
 #37580

I'm a little behind the times, are we going to see zk-STARKS in Monero?
Quote
While Monero’s lead developer, Riccardo Spagni, has criticized Zcash in the past, calling it a “complete security farce,” this new system of implementing zero knowledge proofs may avoid some of the serious issues that Zcash’s current zk-SNARKs system has. Spagni told CoinDesk that Monero will integrate zk-STARKs “if and when it’s usable.

https://www.deepdotweb.com/2017/10/11/monero-considers-implementing-zk-starks/

I don't think our community is wedded to any particular technology. We have a vision of providing private fungible value storage and transfer at the best scale that technology currently allows for while using only safe and well vetted techniques. We also have very healthy governance and a well balanced and rational community who all have a similar vision, so forks tend to be a breeze. If it turns out that sk-starks is the bees knees it will almost certainly be implemented here.

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?
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