[XMR] Monero - A secure, private, untraceable cryptocurrency

[pressing207]

According to the last listing on BTSE (shame but it is still not aviable for US citizens).https://twitter.com/btsecom/status/1186344898640916480 I think that Monero`s prospects are pretty optimistic for the next month at least.
XMR despite on overall trend of forbidding anonymous cryptos is going to become a leader in it`s class...

The coming days will be important for Monero and its investors. Of course, it is not the end of the world if something unexpected happen next days, but people tend temporarily react negatively when things go opposite with what they do expect.
Fortunately, things will be changed when all things upgrade as expected and go back on right directions, as planned.
I think Monero has good chance to rally significantly till the end of this year.

Sure but we don`t have to forget about overall trend of crypto`s move. Today I can`t see too many factors of bull`s run until the end of the year. Market waits for new investors I think...

Practical application in life for many people is important for the growth of the coin.

[mich]

Monero (XMR) Records 7.02% Drop in the Last 24 Hours
Monero has been through a price correction of 7.02% in the last 24 hours. It has traveled from $56.5 to $52.6 in these 24 hours. The three major price shifts show the struggle of XMR coin in the market.

https://www.cryptonewsz.com/monero-xmr-records-7-02-drop-in-the-last-24-hours/49213/

[Hueristic]

Fud fuckery thats not even in the correct thread.

Whats the matter, trying to fill your bags?

ignored.

[Globb0]

[Hueristic]

I couldn't be bothered to make a screeny.

[maxray]

Hello everyone! I would like to ask: What is the current Tps of Monero?thank you！

[Hueristic]

Hello everyone! I would like to ask: What is the current Tps of Monero?thank you！

Not sure, last i remember was 1500 or something, better to ask this on freenode #monero-dev for the latest.

irc://chat.freenode.net/#monero-dev

[jwinterm]

Hello everyone! I would like to ask: What is the current Tps of Monero?thank you！

Not sure, last i remember was 1500 or something, better to ask this on freenode #monero-dev for the latest.

irc://chat.freenode.net/#monero-dev

That seems waaaaaaaaaaaaaaaaaaay too high. If Bitcoin with 1 MB every 10 min can do 7 tps, which is easier to verify and has smaller txs, then there's no way I could see Monero doing 200x that.

[maxray]

Hello everyone! I would like to ask: What is the current Tps of Monero?thank you！

Not sure, last i remember was 1500 or something, better to ask this on freenode #monero-dev for the latest.

irc://chat.freenode.net/#monero-dev

That seems waaaaaaaaaaaaaaaaaaay too high. If Bitcoin with 1 MB every 10 min can do 7 tps, which is easier to verify and has smaller txs, then there's no way I could see Monero doing 200x that.

Can the developer verify it?

[Hueristic]

Hello everyone! I would like to ask: What is the current Tps of Monero?thank you！

Not sure, last i remember was 1500 or something, better to ask this on freenode #monero-dev for the latest.

irc://chat.freenode.net/#monero-dev

That seems waaaaaaaaaaaaaaaaaaay too high. If Bitcoin with 1 MB every 10 min can do 7 tps, which is easier to verify and has smaller txs, then there's no way I could see Monero doing 200x that.

Can the developer verify it?

Use the link I provided.

[phishead]

I would think the answer could be infinity... right? Since we have adaptive block sizes, technically people can cram as many tx’s as possible if people are willing to pay the price?


Edit: shameless plug... there are still more Spesmonerujo notes for sale to support development, and will be the last of these Boron Butterfly notes produced. If anyone is interested PM me or post on the thread you want some

https://bitcointalk.org/index.php?topic=5182081.0

[smooth]

I would think the answer could be infinity... right?

Protocol-wise, in theory, yes. In practice it certainly wouldn't be technologically possible for any node to actually process infinity-sized blocks, and there are also some practical limits of the implementation such as integer overflows in block size calculations.

The big bang protection that was forked in at some point limits the rate of block size growth, so if extreme growth started happening there should be ample opportunity to address these issues via updates, including figuring out where the actual hardware limits might be and what to do about it.

Big bang protection kicks in at 50x so that would be 15 MB blocks every 2 minutes. At that point, block size growth would slow way down.

[mich]

Monero price analysis: XMR/USD going through a period of low market volatility

- The bulls must overcome resistance at the SMA 20 curve to continue upward momentum.
- The Elliott Oscillator had a bearish session following nine straight bullish sessions.

https://www.fxstreet.com/cryptocurrencies/news/monero-price-analysis-xmr-usd-going-through-a-period-of-low-market-volatility-201910250445

[Hueristic]

I would think the answer could be infinity... right?

Protocol-wise, in theory, yes. In practice it certainly wouldn't be technologically possible for any node to actually process infinity-sized blocks, and there are also some practical limits of the implementation such as integer overflows in block size calculations.

The big bang protection that was forked in at some point limits the rate of block size growth, so if extreme growth started happening there should be ample opportunity to address these issues via updates, including figuring out where the actual hardware limits might be and what to do about it.

Big bang protection kicks in at 50x so that would be 15 MB blocks every 2 minutes. At that point, block size growth would slow way down.

So
15728640  bytes            \\15MB before throttling
/120                              \\2 minutes
131072 bps                    \\max bps before Big Bang Protection (added CNv4)
/2560                             \\~2.5kb bulletproof transaction size https://web.getmonero.org/2017/12/07/Monero-Compatible-Bulletproofs.html
=51.2 theoretical TPS



I wonder why i was thinking it was 1500 theoretical?
Was that a best guess before that patch?
Probably my mind is just completely done now.

[smooth]

I wonder why i was thinking it was 1500 theoretical?

There was once an estimate close to that which was purely based on CPU validation. However it was before ringCT+bulletproofs and may not even be close any more (I'm not sure). Plus of course CPU validation alone is not sufficient; running the network also requires nodes with sufficient network bandwidth and storage.

Hopefully we could handle more than 50 tps currently, at least for a time before nodes start running out of disk space, etc. That's just the point where big bang protection kicks in and further growth slows, not a cap.

[phishead]

So are “big bang protections” just higher fees to incentivize people to send as much, or something else?

[smooth]

So are “big bang protections” just higher fees to incentivize people to send as much, or something else?

No, it has nothing to do with fees (at least not directly, although any surge in demand that greatly increases the blocksize would also imply increasing fees in practice).

Big bang protection was a reworking of the dynamic blocksize so the growth rate slows way down after a 50x increase. An increase from the existing blocksize limit equilibrium (which at present is the minimum of 300 KB) of up to 50x can happen within a relatively short time if demand calls for it, but further increases are slowed way down and take place on the scale of months or years.

In practice this is done with a dual median, one of the past 100 blocks and one over the past 100000 blocks.

Here is some of the original discussion of the big bang attack:

https://www.reddit.com/r/Monero/comments/aj21yt/big_bang_attack_on_xmr/

[mobilestrike]

It seems to me that the crypto industry has only a few coins that rightfully have a chance in the future. These are Bitcoin and Monero. Moreover, Monero’s fate will obviously be difficult, as he will most likely be outlawed. And Bitcoin will become a classic investment tool.

It seems as outlawed but there are a lot of people who in crypto like to be crypto. They will like to put their money in monero. There are a lot of people who do not want to show to their relatives and friends that they are gambling and for it they will need coins which will ensure full privacy. These are the things which will keep Monero alive in the crypto world.

[mich]

Monero price analysis: XMR/USD spikes above SMA50 daily, settles above $62.00

- XMR/USD explores the area above $62.00 amid upside momentum.
- An important support area is created on approach to $61.50.

https://www.fxstreet.com/cryptocurrencies/news/monero-price-analysis-xmr-usd-spikes-above-sma50-daily-settles-above-6200-201910290832

[Millionero]

[snip]

please use the speculation thread
https://bitcointalk.org/index.php?topic=753252.41420