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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4539510 times)
florida.haunted
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January 20, 2019, 09:48:23 AM
 #40541

Off hand and on first thought a surprise fork does not sound like a bad idea as it will once again de-incentify asic development but forced registering of pools/miners is against all crypto stands for.

I don't persist on the idea of forced registering of pools/miners. I accept any better idea with great enthusiasm.

What our practical experience show today:
1. Hard fork twice a year to alter the mining algo don't kill ASICs - they evolve faster than we think. Just 3 of 6 months passed since previous fork - and ASICs are on the scene again. Note cn/2 was designed ESPECIALLY to be ASIC-resistant compared to cn/1.
2. It is obviously a difficult task to distinguish CPU/GPUs and ASICs in terms of mining efficacy: new algo should preserve the CPU/GPU mining efficacy while be violent against ASIC mining efficacy.

I've just read about CryptonightR in more depth and I like it. It meets the 2. requirement above. Let's CryptonightR will be our first step to fight against ASICs:
https://github.com/SChernykh/CryptonightR

Any thoughts? May be somebody sees hidden disadvantages in CryptonightR?
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asder250
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January 23, 2019, 08:31:30 AM
 #40542

I am not expert about privacy coins, but many people are talking about the revolutionary mimblewimble protocol. Is Monero going to support this protocol?

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Andretti83
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January 23, 2019, 08:57:41 AM
Merited by estenity (1)
 #40543

I am not expert about privacy coins, but many people are talking about the revolutionary mimblewimble protocol. Is Monero going to support this protocol?
Yes. MimbleWimble sidechain was confirmed to be a part of Monero by fluffy a year ago.
https://www.reddit.com/r/Mimblewimble/comments/7gqnth/confirmed_mimblewimble_coming_to_monero_as_a/

And recently it was confirmed once again.
https://twitter.com/fluffypony/status/1084524086741602304

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January 23, 2019, 10:50:08 AM
 #40544

I am not expert about privacy coins, but many people are talking about the revolutionary mimblewimble protocol. Is Monero going to support this protocol?
Yes. MimbleWimble sidechain was confirmed to be a part of Monero by fluffy a year ago.
https://www.reddit.com/r/Mimblewimble/comments/7gqnth/confirmed_mimblewimble_coming_to_monero_as_a/

And recently it was confirmed once again.
https://twitter.com/fluffypony/status/1084524086741602304

That is good news this coin will get more better features and it will make this more reliable in future. Monero is here to stay for long time with great use case.
lolgato1
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January 23, 2019, 11:16:09 AM
 #40545

I am not expert about privacy coins, but many people are talking about the revolutionary mimblewimble protocol. Is Monero going to support this protocol?
Yes. MimbleWimble sidechain was confirmed to be a part of Monero by fluffy a year ago.
https://www.reddit.com/r/Mimblewimble/comments/7gqnth/confirmed_mimblewimble_coming_to_monero_as_a/

And recently it was confirmed once again.
https://twitter.com/fluffypony/status/1084524086741602304
That is amazing! But really sidechains could help Monero to fight with Grin or Beam?
I know that Monero has other cool features, but if we think about the scalability.

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Last of the V8s
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January 23, 2019, 09:33:23 PM
 #40546

https://github.com/noncesense-research-lab/Blockchain_big_bang/blob/master/models/Isthmus_Bx_big_bang_model.ipynb
Quote
Abstract:

The current bound on expansion of the Monero block(/chain) is that each block cannot be larger than the median size of the previous 100 blocks. Given the 2-minute block time, this means that the protocol has a few-hour memory, which performs well for most use cases and conditions.

However, it is prudent to consider edge cases as well, and the current absence of medium or long-term memory comes with a significant risk. Under the current protocol, sustained high transaction volume (due to rapid adoption or a well-funded spammer) induces a rapid exponential increase in resource requirements (disk space, bandwidth, etc) that would exceed the capacities of the extant Monero infrastructure on the scale of hours

This notebook quantifies the scale of damage in the worst-case-scenarios that could arise from overwhelming adpotion or a deliberate spam attack. The current system (short-term memory only) is compared to two proposed mitigation strategies: a two point long/short-term memory, and an additive limit.
You probably all saw this before? Posted without comment.

I do not accept segwit outputs as payment, nor send them.
~14 easy tricks to save your bitcoin http://trilema.com/2013/how-to-airgap-a-practical-guide/ The auditable hardware RNG http://nosuchlabs.com/
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January 25, 2019, 02:23:19 AM
Merited by owlcatz (1)
 #40547

Quote

To

        monero-announce@lists.getmonero.org

Message body
To whom it may concern,

The Monero researchers, developers, and community members would like to announce an important proposed change regarding Monero payment IDs. Many parts of the Monero ecosystem are reliant on some form of payment IDs. These are exciting changes that improve privacy and reduce user frustration with standalone payment IDs. Furthermore, it will remove headaches when users accidentally omit payment IDs.

The Monero community is proposing to remove support for sending transactions with standalone payment IDs in most wallets in April 2019. They also propose to remove support for sending transactions with payment IDs (including integrated addresses) on the consensus layer in October 2019. Exchanges, payment processors, and other services should upgrade to support Monero subaddresses as soon as possible.

We ask that you please review the attached resources on the background decision to move to subaddresses, the upgrade process, and the timeline.

If you have any questions and would like to participate in a discussion of the future of payment IDs, please participate in the Monero Community meeting Friday January 25 at 17:00 UTC (noon eastern US). We expect to make a final decision during the meeting.

You can join the chat using one of the following methods:

Freenode IRC using your favorite IRC client: #monero-community
Kiwi IRC web client: https://kiwiirc.com/nextclient/#irc://irc.freenode.net/#monero-community
Mattermost: https://mattermost.getmonero.org/monero/channels/monero-community

You can always join before the meeting to voice any comments, or leave them in the following GitHub issue: https://github.com/monero-project/meta/issues/299

Justin Ehrenhofer and the Monero Community

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January 25, 2019, 09:55:47 AM
 #40548

I would pick ZEC instead of XMR because of better symbol
lolgato1
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January 25, 2019, 02:23:39 PM
 #40549

I would pick ZEC instead of XMR because of better symbol
That is how big investors do it. They do not care about the technology or future use, they simply pick the most beautiful logo on coinmarketcap and then invest everything  Cool. Recommended strategy to everyone  Grin.

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January 25, 2019, 03:54:07 PM
 #40550

I would pick ZEC instead of XMR because of better symbol

Shit I hope it wasn't me that gave you that merit.

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Millionero
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January 27, 2019, 04:33:14 AM
 #40551

Quote

The Monero community is proposing to remove support for sending transactions with standalone payment IDs in most wallets in April 2019. They also propose to remove support for sending transactions with payment IDs (including integrated addresses) on the consensus layer in October 2019.

The coin must keep evolving.  This is necessary and good.
But when you consider that only a tiny segment the people are geeks or crypto enthusiasts; how most people's eyes would just glaze over if you tried to lead them through nitty-gritty stuff like the monero subaddress business; it makes you realize that the struggle to achieve crypto acceptance and growth is going to be a very long road.
I'm deeply into crypto and have been educating myself about it since 2013.  But when I saw that I now will have more homework to do because of the move from payment ID's to subaddresses, I just wished there was some way to avoid it.
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January 27, 2019, 03:35:14 PM
 #40552

Will there be a Super Bowl betting pool like last year?

jwinterm
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January 27, 2019, 08:03:33 PM
 #40553

Will there be a Super Bowl betting pool like last year?

I'm down. Anyone else up for it? 1 XMR buy in?
start the art
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January 28, 2019, 09:33:32 AM
 #40554

Ola guys!

Nobody wants this beauty?
Most of my Monero artworks I sold already,but this one...
What ,Monero is dead!
No more Monero fans!

I made this unique and original artwork last year.
-MONERO PEAKS-is wooden wall mounted sculpture
The original price was 800 USD.

Now it is on fantastic discount.

I am cleaning my atelier,and work on new stuff,and I would like to remove this item to have more space in atelier.

If there is any Monero fans outthere still,just name your price ,gave me some offer,maybe we can make a deal.

Peace!

Accept Monero,of course!














phishead
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January 28, 2019, 02:37:42 PM
 #40555

Will there be a Super Bowl betting pool like last year?

I'm down. Anyone else up for it? 1 XMR buy in?

You know I am Cheesy

Whoever wants to set up something can, if I get a break from work I’ll create a thread for it.  Just to clarify... we are talking about squares, right?


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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
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January 28, 2019, 02:45:07 PM
 #40556

Will there be a Super Bowl betting pool like last year?

I'm down. Anyone else up for it? 1 XMR buy in?

You know I am Cheesy

Whoever wants to set up something can, if I get a break from work I’ll create a thread for it.  Just to clarify... we are talking about squares, right?

It would be nice to see if someone do this it will help the people to let in with comfort. I also would like to participate in it when it will be up for this. That kind of efforts always bring good result to build a more supportive community.

.


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WhitePaper
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January 28, 2019, 03:28:47 PM
 #40557

Nobody wants this beauty?

I do want it, but I'll have to wait a little bit more, until Monero gets back on track and reaches, at very least 500$...
I'm sure you'll find better buyers and probably you can do another when the crypto winter ends Wink

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[]
start the art
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January 28, 2019, 04:08:10 PM
 #40558

Nobody wants this beauty?

I do want it, but I'll have to wait a little bit more, until Monero gets back on track and reaches, at very least 500$...
I'm sure you'll find better buyers and probably you can do another when the crypto winter ends Wink


Thanks man!

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January 28, 2019, 06:28:21 PM
 #40559

Will there be a Super Bowl betting pool like last year?

I'm down. Anyone else up for it? 1 XMR buy in?

You know I am Cheesy

Whoever wants to set up something can, if I get a break from work I’ll create a thread for it.  Just to clarify... we are talking about squares, right?

Oh yeah the squares thing. Maybe like 0.05 per square then? Winner would get 5 XMR? That's correct?
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January 29, 2019, 12:50:28 AM
Last edit: January 29, 2019, 04:03:49 AM by phishead
 #40560

Will there be a Super Bowl betting pool like last year?

I'm down. Anyone else up for it? 1 XMR buy in?

You know I am Cheesy

Whoever wants to set up something can, if I get a break from work I’ll create a thread for it.  Just to clarify... we are talking about squares, right?

Oh yeah the squares thing. Maybe like 0.05 per square then? Winner would get 5 XMR? That's correct?

That's right... honestly I don't even think .1 xmr/square is that unreasonable. That's like $5 a square. ¯\_(ツ)_/¯

I can copy and paste last year's square table and have a thread up by at least tomorrow.  If someone else feels froggy to go ahead and create something of the sort that's totally cool too Cool

I feel like maybe I will have different luck if I don't host something this year, haha.

Edit: alright I created it https://bitcointalk.org/index.php?topic=5103532.msg49476986#msg49476986  Cool


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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
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