Bitcoin Forum
December 07, 2022, 12:19:22 AM *
News: Reminder: do not keep your money in online accounts
 
   Home   Help Search Login Register More  
Pages: « 1 ... 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 2098 2099 2100 2101 2102 2103 2104 2105 2106 2107 2108 2109 2110 2111 2112 [2113] 2114 2115 2116 2117 2118 2119 2120 »
  Print  
Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4658224 times)
cAPSLOCK
Legendary
*
Offline Offline

Activity: 3486
Merit: 4807


Whimsical Pants


View Profile
January 16, 2022, 08:32:41 PM
 #42241

IMHO, NFTs are just another hype that comes and goes. People do all kinds of things that are not understandable, all the time.
Can you please elaborate on how exactly the current hype nudges people towards Monero, and not some other crypto or technology?

At lease SOME people will consider what "fungibility" is because of this. 

The whole way NFTs work is we are creating something that is identifyably unique.  This bored ape is provably different than THAT retarded frog.  And only one person can own either one.

Non-fungibility in a nutshell is the idea that each unit is unique and discernibly different than the other.  Then, of course, humans begin to assign values to each of these unique units.  And some will be worth more than others because of the magic of markets.

Non-Fungible money does not work well.  And as a generic store of value there are great arguments to be made for both something like an NFT (think rare art), or like an ounce of silver, with simply the mark of the company that cast the bar or round.  In the latter case the fact it is from "Sunshine Mining" does not make the silver more valuable really, but generally trustworthy in that we know that mint has a history of being fair.  An ounce of silver is MOSTLY fungible.  We might assign a premium to one mint or another, and of course we can go all the over to non fungibility with RARE coins.

NFTs are more like collectible art.  They are basically the mathematically abstracted version of that.  A computer science and math based simulation of a collectable thing... art, a watch, a car... whatever.  Do not get lost for now in arguing whether or not this really has any meaning or value.

Bitcoin is sort of like Gold or Silver, I think.  Most of the value of a satoshi is based on the same minimum structure that all others share.  But there are circumstances where Bitcoins fungibility can be challenged, similar to a minted silver round.  If I could have 1 of the 50 bitcoin mined in Block 2, I would think I should be able to sell THAT BTC for WAY MORE than 43k.  In fact I could imagine someone paying MILLIONS to own that.  Likewise Bitcoin directly associated with a crime might be considered worth less.

Let's say we take that thought experiment about the Block 2 coin a ltitle farther.  Let's say I actually discovered Satoshi!  And he agreed with me to sell me exactly ONE of the 50 BTC sitting in block 2's coinbase.  And futher lets assume that I am the only one who knows who Satoshi is, and no one else did.  Well, after we did our deal, then Satoshi would sign a transaction with the private key corresponding with the coinbase address of block two and send me that 1 BTC I had bought from him.

What would happen?  Yes.  The entire Bitcoin market would almost immediately crash!  Why?  because it would be public knowledge that the owner of the private keys to block 2 just moved one of the coins.  And was can also assume THAT person owns at least hundreds of thousands of Bitcoin, and just showed the world he was in a selling mood.

All because Bitcoins, are to a certain extent, non funfgible.

Monero on the other hand?  Well  I might just own one of the first Monero ever mined.  But I do not know, and neither does anyone else without a large coordinated effort with various view keys.  Practically impossible. 

All because Monero has this property that is just about unique to only it.  (and yes it's clones etc... but that is another discussion as to why XMR wins that battle too).

NFTs have opened peoples eyes to fungibility.  Right now they are all distracted with pretending one retarded frog is worth more than another.

But eventually many of them will begin to understand the amazing value of a digital asset that CANNOT be distinguished from equal units of it's kind.

Monero arguably takes digital fungibility to the mathematical extreme.  Unlike Bitcoin it pretty much mathematically PERFECTS the aspect of fungibility.  And THIS property actually has GREAT VALUE. Eventually some folks will stop being interested in apes and start being interested in something that is fully fungible.

That is what I was saying...  the long version. Wink
1670372362
Hero Member
*
Offline Offline

Posts: 1670372362

View Profile Personal Message (Offline)

Ignore
1670372362
Reply with quote  #2

1670372362
Report to moderator
1670372362
Hero Member
*
Offline Offline

Posts: 1670372362

View Profile Personal Message (Offline)

Ignore
1670372362
Reply with quote  #2

1670372362
Report to moderator
1670372362
Hero Member
*
Offline Offline

Posts: 1670372362

View Profile Personal Message (Offline)

Ignore
1670372362
Reply with quote  #2

1670372362
Report to moderator
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1670372362
Hero Member
*
Offline Offline

Posts: 1670372362

View Profile Personal Message (Offline)

Ignore
1670372362
Reply with quote  #2

1670372362
Report to moderator
Millionero
Sr. Member
****
Offline Offline

Activity: 800
Merit: 419


View Profile
January 19, 2022, 10:29:59 PM
Last edit: January 20, 2022, 12:27:53 AM by Millionero
 #42242

I keep getting a core dump error
Code:
a@galliumos:~/monero-x86_64-linux-gnu-v0.17.3.0$ ./monerod --prune-blockchain
2022-01-19 22:25:45.835 I Monero 'Oxygen Orion' (v0.17.3.0-release)
2022-01-19 22:25:45.835 I Initializing cryptonote protocol...
2022-01-19 22:25:45.835 I Cryptonote protocol initialized OK
2022-01-19 22:25:45.838 I Initializing core...
2022-01-19 22:25:45.839 I Loading blockchain from folder /home/a/.bitmonero/lmdb ...
Bus error (core dumped)
a@galliumos:~/monero-x86_64-linux-gnu-v0.17.3.0$
The error persists even after deleting and reinstalling monerod.
Thought I'd try the solution shown here
https://blog.opstree.com/2019/04/02/resolving-segmentation-fault-core-dumped-in-ubuntu/
but in step 1 it shows this in a code box:
Code:
sudo rm -rf /var/lib/apt/lists/lock /var/cache/apt/archives/lock /var/lib/dpkg/lock and restart your system h.cdccdc
which obviously isn't correct.  The last bit about restarting isn't part of the command.  And what am I supposed to do with "h.cdccdc"  
If I just jump in and run these commands will it help or is this going to bollix up the system even more than it is now?


johnfoss
Member
**
Offline Offline

Activity: 112
Merit: 102


View Profile
January 20, 2022, 07:09:39 AM
 #42243

THE MONERO MOON (ISSUE 28) IS OUT NOW! Grab a coffee or a beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://medium.com/themoneromoon/the-monero-moon-issue-28-307de4b1db15
dodryhalo
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
January 20, 2022, 09:43:15 AM
 #42244

Price is going to be a self-propeller for Monero's ecosystem. As it moves up the ranking, it becomes a visible asset for investment. However, I would like it to move up the ranks slowly even if it takes a few years, to make it organic and scalable.
gelius
Sr. Member
****
Offline Offline

Activity: 292
Merit: 251


View Profile
January 20, 2022, 07:56:31 PM
 #42245

Windows10 gui.
If prune, dont can connect.

Wallet dont can close.

If socks connect.

Dont can remote node.

Inagame
Full Member
***
Offline Offline

Activity: 419
Merit: 124


View Profile
January 21, 2022, 11:37:39 PM
 #42246

THE MONERO MOON (ISSUE 28) IS OUT NOW! Grab a coffee or a beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://medium.com/themoneromoon/the-monero-moon-issue-28-307de4b1db15
Very good read and I enjoy all Monero Moon articles!
That hashrate pie is not looking good with minexmr pool having 40% of hashrate, so people should switch to other pools or go solo mininig.
primer-
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
January 22, 2022, 10:04:33 PM
 #42247

Monero ded, pack it up boiz Smiley
Hueristic
Legendary
*
Offline Offline

Activity: 3290
Merit: 3713


Doomed to see the future and unable to prevent it


View Profile
January 24, 2022, 06:42:33 AM
 #42248

Monero ded, pack it up boiz Smiley

Hey you wanna ddos minexmr for awhile and shake some of those miners loose. Cheesy

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
gelius
Sr. Member
****
Offline Offline

Activity: 292
Merit: 251


View Profile
January 24, 2022, 07:39:04 AM
Merited by baro77 (1)
 #42249


Remote node can socks connect.

Found onlide nodes in
https://monero.fail/
Hueristic
Legendary
*
Offline Offline

Activity: 3290
Merit: 3713


Doomed to see the future and unable to prevent it


View Profile
January 24, 2022, 07:49:36 AM
 #42250


Remote node can socks connect.

Found onlide nodes in
https://monero.fail/


Are you blocking the ports?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
primer-
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
January 24, 2022, 07:53:17 AM
 #42251

Monero ded, pack it up boiz Smiley

Hey you wanna ddos minexmr for awhile and shake some of those miners loose. Cheesy

Fun times! Smiley
baro77
Member
**
Offline Offline

Activity: 80
Merit: 90


View Profile WWW
January 24, 2022, 08:19:11 AM
 #42252


Found onlide nodes in
https://monero.fail/

the guy behind it https://github.com/lalanza808 seems to have other cool projects as well, e.g.: https://github.com/lalanza808/docker-monero-node and https://xmrcannon.net/

BTW is it you @gelius or have you just found it surfing online?

gelius
Sr. Member
****
Offline Offline

Activity: 292
Merit: 251


View Profile
January 24, 2022, 08:39:51 AM
 #42253


Remote node can socks connect.

Found onlide nodes in
https://monero.fail/


Are you blocking the ports?
No, now using windows10 with standard settings.
Hueristic
Legendary
*
Offline Offline

Activity: 3290
Merit: 3713


Doomed to see the future and unable to prevent it


View Profile
January 25, 2022, 09:36:09 PM
 #42254

https://www.coindesk.com/layer2/privacyweek/2022/01/25/monero-the-privacy-coin-explained/

Quote
It’s certainly not for the faint of heart. Monero makes no attempt to comply with know-your-customer/anti-money laundering (KYC/AML) procedures and values privacy above all else. This has not only led to it being delisted from a number of exchanges including BitMEX and Kraken, but the project’s casual disregard for customer due diligence (CDD) measures also means it has found itself in the crosshairs of many financial regulators around the world.

Pretty good article except of course the incorrect info that Kraken delisted it.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
elrippos friend
Full Member
***
Offline Offline

Activity: 1171
Merit: 202


only hodl what you understand and love!


View Profile
January 26, 2022, 02:27:30 PM
 #42255

Monero ded, pack it up boiz Smiley

Hey you wanna ddos minexmr for awhile and shake some of those miners loose. Cheesy

Fun times! Smiley

Why do i feel uncomfortable having you back in the thread  Roll Eyes

cAPSLOCK
Legendary
*
Offline Offline

Activity: 3486
Merit: 4807


Whimsical Pants


View Profile
January 26, 2022, 07:36:47 PM
 #42256

Monero ded, pack it up boiz Smiley

Hey you wanna ddos minexmr for awhile and shake some of those miners loose. Cheesy

Fun times! Smiley

Why do i feel uncomfortable having you back in the thread  Roll Eyes

Because it's like someone took a dump on the floor when he shows up.  But on the other hand I feel like if you went back the last few times he's a good contrary indicator usually... too lazy to go dump-hunting though.
gelius
Sr. Member
****
Offline Offline

Activity: 292
Merit: 251


View Profile
January 27, 2022, 03:22:29 PM
 #42257

OS: windows 10
GUI: 0.17.3.1
Remote node.
wallet blocks remaining dont can complet.
cAPSLOCK
Legendary
*
Offline Offline

Activity: 3486
Merit: 4807


Whimsical Pants


View Profile
January 27, 2022, 03:40:14 PM
 #42258

OS: windows 10
GUI: 0.17.3.1
Remote node.
wallet blocks remaining dont can complet.

Maybe try a different node?
gelius
Sr. Member
****
Offline Offline

Activity: 292
Merit: 251


View Profile
January 28, 2022, 01:14:34 AM
 #42259

If node remote why block remainig?
Client - server fust.
johnfoss
Member
**
Offline Offline

Activity: 112
Merit: 102


View Profile
January 28, 2022, 02:55:45 AM
 #42260

THE MONERO MOON (ISSUE 29) IS OUT NOW! Grab a coffee or a beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://medium.com/themoneromoon/the-monero-moon-issue-29-34ae7f793bfe
Pages: « 1 ... 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 2098 2099 2100 2101 2102 2103 2104 2105 2106 2107 2108 2109 2110 2111 2112 [2113] 2114 2115 2116 2117 2118 2119 2120 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!