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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4643337 times)
arielbit
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February 13, 2019, 11:26:30 AM
 #40441


This post should be about Monero, not Dash, and @qwizzie you're right, it was not premined, it was instamined BIG. There was some discussion what to do with these instamined coins, but Dash dev (Darkcoin at the time) did nothing to solve the issue.

In Monero we're trying not to get centralized mining farms, in order that everyone could mine it, not only the ones with cash to buy some ASIC


You are right, lets keep this about Monero. I'm only interested in the ASIC mining aspect / discussion.

Some see ASIC development as a logical next step in a ongoing hardware evolution within crypto (specifically proof of work crypto).
Kinda like The Borg : highly adaptable and futile to resist...

With regards to centralization : i think that will happen at some point anyways, even with networks with only GPU's.
It will just be in the form of centralized GPU hubs, created by wealthy miners.

I'm gonna give it to DASH.....for dealing with ASICs.

DASH: ASIC all you want, anyway we are running the Instamined Masternodes minting coins with a few watts of electricity besides we Masternode Instaminers act like a corporate board, we can vote to decrease mining rewards..Fuck you ASICs

hehe c'mon qwizzie we know you and your friends hate mining in general, GPUs, ASICs, FPGAs...all of them  Tongue you, your friends and your glorious founder decided you are all done mining the time you decided to start that instamine scheme.
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February 13, 2019, 06:08:42 PM
 #40442


This post should be about Monero, not Dash, and @qwizzie you're right, it was not premined, it was instamined BIG. There was some discussion what to do with these instamined coins, but Dash dev (Darkcoin at the time) did nothing to solve the issue.

In Monero we're trying not to get centralized mining farms, in order that everyone could mine it, not only the ones with cash to buy some ASIC


You are right, lets keep this about Monero. I'm only interested in the ASIC mining aspect / discussion.

Some see ASIC development as a logical next step in a ongoing hardware evolution within crypto (specifically proof of work crypto).
Kinda like The Borg : highly adaptable and futile to resist...

With regards to centralization : i think that will happen at some point anyways, even with networks with only GPU's.
It will just be in the form of centralized GPU hubs, created by wealthy miners.

I'm gonna give it to DASH.....for dealing with ASICs.

DASH: ASIC all you want, anyway we are running the Instamined Masternodes minting coins with a few watts of electricity besides we Masternode Instaminers act like a corporate board, we can vote to decrease mining rewards..Fuck you ASICs

hehe c'mon qwizzie we know you and your friends hate mining in general, GPUs, ASICs, FPGAs...all of them  Tongue you, your friends and your glorious founder decided you are all done mining the time you decided to start that instamine scheme.

Might as well just call it POS.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 14, 2019, 12:02:18 PM
 #40443

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

To whom it may concern,

The Monero development community has scheduled its biannual upgrade for block 1788000 on approximately March 9. This includes several consensus changes, so the upgrade is mandatory.

This upgrade is moved forward approximately one month to patch some important security components. This upgrade includes the following changes:

1. A new Proof of Work algorithm, CryptonightR

2. A new dynamic block size algorithm

3. Slightly smaller transactions

4. Payment ID changes for improved privacy

5. Notification changes (see: https://paste.debian.net/hidden/0d0d3694)

As far as the Monero development community can tell, this is a non-contentious fork, and no chain splits are expected as there is a reasonable expectation of users upgrading their software. That said, and especially if you are running a critical service, everyone should be aware of the possible risks of claiming funds (airdrops) on different chains. More information: https://youtu.be/6CVcirD90pg

To prepare for the network upgrade (hardfork), the Monero development community will release several clients before. Users must upgrade their software to continue using Monero after the upgrade. A visual depiction of the release engineering can be found here: https://i.imgur.com/gGz9dwK.jpg

The stable Monero release 0.14 will be available very soon, within the next week. This will contain the consensus changes necessary to continue using Monero, but is based off the current stable release. An alpha release 0.14.1 RC1 will be released soon after, once the fork has occurred and everything has settled down. This release will be based off the current master branch, where active development happens. The Monero development community recommends users of critical services use 0.14, and users who want to help test should use 0.14.1 RC1. This 0.14.1 release will follow the expected release engineering path, with a 0.14.1 stable being released once sufficient testing has occurred. Once this happens it is safe (and recommended) for all services to upgrade to take advantage of the current features, privacy protections, bug fixes, and enhanced security of that version.
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=EGYo
-----END PGP SIGNATURE-----

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Globb0
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February 14, 2019, 12:21:51 PM
 #40444

Will be exciting to see how agile these new devices really are

(boring tech guy here)





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.PLAY NOW.
Hueristic
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February 14, 2019, 04:51:23 PM
 #40445

Will be exciting to see how agile these new devices really are

(boring tech guy here)






You mean the hybrid fpga's or these these talked about asics that i've never seen proven?

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February 14, 2019, 07:22:17 PM
 #40446

Any reason why monero fell 9% today? Well i just bought more today.
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February 14, 2019, 11:07:43 PM
 #40447

Either or both

More dumping, though not really that much of a dent on the price. haha don't let the door hit you on the way out dude



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February 15, 2019, 04:19:41 AM
 #40448

Good, I can get a buy in. Been waiting weeks. Smiley

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February 15, 2019, 02:44:24 PM
 #40449

Good, I can get a buy in. Been waiting weeks. Smiley

I would consider a lot of price points compared to its all time high as potential buy in spots. Curious whether it will go down any further.


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BitcoinFX
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February 20, 2019, 10:05:23 AM
 #40450

CSW 'targets' privacy coins Monero and Zcash ...   Grin

Dr. Craig Wright gives Shut-up call to CNBC shill Ran Neuner
- https://youtu.be/00WvdE1zOvw?t=282

"Bitcoin OG" Bored/Board of making others wealthy! | 1JXFXUBGs2ZtEDAQMdZ3tkCKo38nT2XSEp | Bitcoin is BTC | CSW is NOT Satoshi Nakamoto | I Mine BTC, LTC, ZEC, XMR and GAP | Support my BTC on Tor addnodes Project | Media enquiries : Wu Ming | Enjoy The Money Machine | "You cannot compete with Open Source" and "Cryptography != Banana"
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February 20, 2019, 10:59:02 AM
 #40451

CSW 'targets' privacy coins Monero and Zcash ...   Grin

Dr. Craig Wright gives Shut-up call to CNBC shill Ran Neuner
- https://youtu.be/00WvdE1zOvw?t=282

Breaking news!!! Ant attacks elephant


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Monero
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whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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February 20, 2019, 11:02:31 AM
 #40452


https://twitter.com/CryptoScamHub/status/1098116974511443968

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February 20, 2019, 11:11:13 AM
 #40453

woo


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February 20, 2019, 11:33:20 AM
 #40454

We're gonna need a bigger crowd.

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February 20, 2019, 11:56:46 AM
 #40455

CSW 'targets' privacy coins Monero and Zcash ...   Grin

Dr. Craig Wright gives Shut-up call to CNBC shill Ran Neuner
- https://youtu.be/00WvdE1zOvw?t=282

Breaking news!!! Ant attacks elephant

No need to shoot the messenger.

XMR and privacy is OK with me!   Smiley

"Bitcoin OG" Bored/Board of making others wealthy! | 1JXFXUBGs2ZtEDAQMdZ3tkCKo38nT2XSEp | Bitcoin is BTC | CSW is NOT Satoshi Nakamoto | I Mine BTC, LTC, ZEC, XMR and GAP | Support my BTC on Tor addnodes Project | Media enquiries : Wu Ming | Enjoy The Money Machine | "You cannot compete with Open Source" and "Cryptography != Banana"
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February 20, 2019, 12:02:40 PM
 #40456

Every time I followed these CSW will cr4ck all privacy coins!!


I find something where he's talking about z cash or other shit projects its normally just a small "and monero" with no detail.



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Last of the V8s
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February 20, 2019, 12:05:09 PM
 #40457


XMR and privacy is OK with me!   Smiley
that's one fuck of an endorsement from one of the oldest men
in the world

hd49728
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February 20, 2019, 12:49:53 PM
 #40458

No need to shoot the messenger.

XMR and privacy is OK with me!   Smiley
If one of the first forum users, even older than theymos claimed it.
I thought that everything will be fine with Monero.
BitcoinFX is one of the oldest users of the forum, and has amazingly strong belief in Monero.
If I am a kid, BitcoinFX is an elderly.  Grin

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WIN A LAMBO !

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February 20, 2019, 06:52:54 PM
 #40459

CSW 'targets' privacy coins Monero and Zcash ...   Grin

Dr. Craig Wright gives Shut-up call to CNBC shill Ran Neuner
- https://youtu.be/00WvdE1zOvw?t=282

Breaking news!!! Ant attacks elephant

No need to shoot the messenger.

XMR and privacy is OK with me!   Smiley

I wasn't shooting, more suggesting ignore trolls  Smiley


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
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February 21, 2019, 08:18:31 PM
 #40460

I was reading the 'Satoshi Roundtable V Recap' by Jameson Lopp. Interesting read.

One part got me thinking about how it applies to Monero. It is generally said that running your own Monero node gives you the best privacy.
But don't you actually give away more information broadcasting a transaction from an own node, over using a remote node?

Quote
The solution to most of these issues is to run a full node so that all of your wallet queries occur locally and can’t be surveilled, but on the flip side if you’re broadcasting transactions from your full node it creates a privacy leak for network observers that watch transactions propagate through the network. Thankfully Dandelion should be coming to Bitcoin Core before long, thus obscuring the node from which a broadcast transaction has originated.


- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
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