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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4242550 times)
kazuki49
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February 01, 2015, 09:45:12 PM
 #19741


Have a great SuperBowl day guys! Smiley


the same to you sir Wink
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shitaifan2013
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February 01, 2015, 09:48:33 PM
 #19742

OK, Too lazy to setup irc for tiperino, So any Seahawk fan that I trust wants to bet with me on superbowl?

I have 700 XMR and will put it on my pats straight up. No lines no gambling adjustments just straight up winner take all.

Have a great SuperBowl day guys! Smiley


well I don't know much about handegg, but I'd be willing to bet 100XMR on the seahawks  Cool

deal?

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February 01, 2015, 09:59:25 PM
 #19743

All my recent transfers from my wallets cost me less than a fiat penny.

I will repeat. IMO Monero fees are extremely high, lets look:

Average XMR transaction: http://chainradar.com/xmr/transaction/bb902735207abdee5c8549133e9b0083e289813443b1be472ccba5acec3e49d0
Fee = 0.1 XMR

https://www.cryptonator.com/rates/XMR-USD/0.1

With current XMR rate fee = 0.02986642, almost 3 penny, man

My fees have been 0.03xmr.  You must be doing it wrong.

If you browse through some blocks you will see, at least as of a couple weeks ago, a lot of txs with 0.1 XMR fee. This is mostly because people still haven't updated to the latest per-kb fee structure release, i.e. they're doing it wrong. Though I imagine paying one or three pennies per tx makes little difference to most people at this point.  

I think Duck/Darknote, on the other hand, has actually reduced their fees since launch. This commit pops up on github with quick googling:  

Quote
ducknote authored on Aug 26, 2014
Default and minimum XDN fee changed from 0.1 XDN to 0.001 XDN

With the cost of 1 XDN currently at ~30 satoshi, it costs a whopping 0.03 satoshi, or approximately $0.00000008 USD, to make a darknote transfer. This, imo, opens darknote up to a very cheap spam attack, if someone actually cared enough to spam the Darknote network.

There's a reason Monero fees were increased to 0.1 XMR under duress and subsequently have shifted to a per-kb fee structure - if there's practically no cost associated with making a transaction, then making a transaction becomes a vector to attack the network.
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February 01, 2015, 10:06:27 PM
 #19744

OK, Too lazy to setup irc for tiperino, So any Seahawk fan that I trust wants to bet with me on superbowl?

I have 700 XMR and will put it on my pats straight up. No lines no gambling adjustments just straight up winner take all.

Have a great SuperBowl day guys! Smiley


well I don't know much about handegg, but I'd be willing to bet 100XMR on the seahawks  Cool

deal?

Well I don't know you but your a hero member with no neg so I don't see why I can't take your word.

Your on, GL and Just an FYI, I called Wilson as a most underrated probable great in his rookie year (When everyone else was Keapernick crazy) because he's one smart bastard! Cheesy


gonna be a great game.

Anyone else speak up soon as I'll be leaving in an hour or so.

600 XMR left

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February 01, 2015, 10:11:31 PM
 #19745

OK, Too lazy to setup irc for tiperino, So any Seahawk fan that I trust wants to bet with me on superbowl?

I have 700 XMR and will put it on my pats straight up. No lines no gambling adjustments just straight up winner take all.

Have a great SuperBowl day guys! Smiley


well I don't know much about handegg, but I'd be willing to bet 100XMR on the seahawks  Cool

deal?

Well I don't know you but your a hero member with no neg so I don't see why I can't take your word.

Your on, GL and Just an FYI, I called Wilson as a most underrated probable great in his rookie year (When everyone else was Keapernick crazy) because he's one smart bastard! Cheesy


gonna be a great game.

Anyone else speak up soon as I'll be leaving in an hour or so.

600 XMR left

ok, cool. gl dude!  Smiley

btw. since I'm in germany don't be surprised if I won't be online directly after the game, pretty sure I'll fall asleep while watching.

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February 01, 2015, 10:14:24 PM
 #19746

Have a great SuperBowl day guys! Smiley

To you too. I wish they won't run it on a Saturday afternoon in the US, as that makes it the night to Monday for Europe and Africa, which is just very inconvenient. Why not Saturday afternoon? Sad
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February 01, 2015, 10:29:48 PM
 #19747

Have a great SuperBowl day guys! Smiley

To you too. I wish they won't run it on a Saturday afternoon in the US, as that makes it the night to Monday for Europe and Africa, which is just very inconvenient. Why not Saturday afternoon? Sad

Agree 100%, will be watching the game by myself since everyone else is going to work tomorrow morning.

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February 01, 2015, 10:30:03 PM
 #19748

Though I imagine paying one or three pennies per tx makes little difference to most people at this point.  

Sorry, I didn't clarify the reason for my rambling.

Right here, what you said, was my point.

Perhaps, we should be asking dnote exactly why .03 - .19 xmr (pool payments, etc.), or one to almost six pennies is too much, given that I agree with you on this point, and acknowledging the fact that dnote was likely well aware, being an obviously skilled developer, that the block size would have to scale to an almost impossible-to-commidate size in order for the claim that 'the tx fees are too high' to be relevant.

dnote, i'm assuming you're still reading .. would you please enlighten as to why you think this is too much?

'botnet dumping' just doesn't seem to be the entire reason behind the claim ..

I mean I get that you're going for a 'free economy' model, but running your software and keeping network nodes up hardly constitute as free. There is a cost associated with your model, ecpecially when you factor in slippage due to buying into your free economy, and volatility associated with cryptocurrencies .. especially 'free' ones .. which by definition would have that much value as well. With a PoW, non-free economy, each watt burned to produce a token of value models more closely the existing world economy (or at least the one that existed ~40+ years ago Cheesy ). In a sense, the value is forever 'pegged' to something physical and tangible, and re-enforced by the belief that it was there and will be there tomorrow.

So then I guess I should be asking dnote why you think a 'free economy' model would overtake the present economic model of burning watts for value?

How do you see a 'helicopter drop' giving birth to a 'free' 'libertarian economy'?

Wind picked up: F4BC1F4BC0A2A1C4

banditryandloot goin2mars kbm keyboard-mash theusualstuff

probably a few more that don't matter for much.
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February 01, 2015, 10:39:00 PM
 #19749

Have a great SuperBowl day guys! Smiley

To you too. I wish they won't run it on a Saturday afternoon in the US, as that makes it the night to Monday for Europe and Africa, which is just very inconvenient. Why not Saturday afternoon? Sad

Yeah, that doesn't make sense. Idunno?

OK, Too lazy to setup irc for tiperino, So any Seahawk fan that I trust wants to bet with me on superbowl?

I have 700 XMR and will put it on my pats straight up. No lines no gambling adjustments just straight up winner take all.

Have a great SuperBowl day guys! Smiley


well I don't know much about handegg, but I'd be willing to bet 100XMR on the seahawks  Cool

deal?

Well I don't know you but your a hero member with no neg so I don't see why I can't take your word.

Your on, GL and Just an FYI, I called Wilson as a most underrated probable great in his rookie year (When everyone else was Keapernick crazy) because he's one smart bastard! Cheesy


gonna be a great game.

Anyone else speak up soon as I'll be leaving in an hour or so.

600 XMR left

ok, cool. gl dude!  Smiley

btw. since I'm in germany don't be surprised if I won't be online directly after the game, pretty sure I'll fall asleep while watching.

I'll be at casino for who knows how long so I will take awhile to pay as well. I'll be back sometime between tonight and Friday depending on how the Poker tables are treating me. Cheesy


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February 01, 2015, 10:42:16 PM
 #19750

Have a great SuperBowl day guys! Smiley

To you too. I wish they won't run it on a Saturday afternoon in the US, as that makes it the night to Monday for Europe and Africa, which is just very inconvenient. Why not Saturday afternoon? Sad

Agree 100%, will be watching the game by myself since everyone else is going to work tomorrow morning.

I envy you  Cry
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February 01, 2015, 10:58:05 PM
 #19751

OK, Too lazy to setup irc for tiperino, So any Seahawk fan that I trust wants to bet with me on superbowl?

You can get to IRC via a website:

https://kiwiirc.com/client/irc.freenode.net

You will have to register to NickServ the first time though, to create an account:

/msg nickserv register YOURPASSWORD YOUREMAIL

Currently about 100 monero are on this game.

Oh, there'll be bets setup for the six nations rugby games soon for those interested Smiley

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February 01, 2015, 11:21:11 PM
 #19752

Ducknote/Bytecoin shill evidently feels threatened and is getting emotional.  Good sign of things going in the right direction.

How about all cryptonote devs and backers not act like pre-teens.
WAT?!?!? Why? Smiley Maybe their behavior is ahead of time and everybody will act like this soon. Smiley



dNote: You guys should really, really do these three things.

- Explain the motivation and greater strategy/vision, behind your various mostly non-sustainable commercial and community projects, around CN.

- Stop creating pretended neutral, objective community websites, projects or organizations around CN. With the intent to abuse them, to promote your projects, securing your information superiority around CN and preventing the creation of a real community around CN (you wont control 100% anymore).

Your behavior is harming CryptoNote-technology. It's already visible, many CN users and people interested in CN tech are refusing to work with you and/or don't care about your ideas/next plans for the tech dev, community development or the announcement of yet another coin, out of your CryptoNote-coin-generator. Most serious people I talked with just labeled you guys as crazy and not trust-worthy.

Open up and talk and exchange with the CN-users, researcher and devs. If not, nobody will care for any of your projects or work related to CN technology.

- Reevaluate your opinion about Monero. There is absolutely no reason for your aggression against the project or your activities to sabotage Moneros development.
At least accept Monero and be neutral.
No one is talking about cooperations or team members becoming friends and exchanging christmas cards. Just stop the bullshit. And use your resources and time for something positive.
Monero is the biggest CN coin, has a fair setup, is very open & democratic and is hurting no one. No valid reasons to hate. Last but not least, if you disavow or not, the whole CN eco-system and your own CN-based projects are benefiting from the software development and infrastructure creation that is done by The Monero Project.





This is my 100% unbiased opinion and 0% influenced by my decision to support Monero. Don't reply, just really think about it. If u really care about CN technology sooner or later you will see these three points are without alternatives, if you want to stay part of CN mid-term development & future.


... just unfair. As always.

1. Explain the motivation and greater strategy/vision, behind your various mostly non-sustainable commercial and community projects, around CN.

- explained many times, will do it  again- our ONLY project is XDN = duckNOTE = DarkNOTE. Motivation = launching new FREE economy >70% of emission in the very first to open it to free markets, to exclude the miners influence and eventually to implement PoS on the top of fair PoS.

2. The only websites we are working on are websites around XDN. And we will make lots of projects around/  Soon you will see the results.

3. All you statement is about XDN devs affiliation with CN devs and other coins devs. Again and again and again, how can you be such a Morono lovers, XDN devs are independent individuals cooperated for a long time, and have a long experience in cryptos, but not here on forums. Actually it took a quite a long time to understand your blaming when it initially occurs, some a parts of our team are still saying : whaaaat?
As  i can understand, according to your logic, all who are not a Monero devs, are Bytecoin devs. Sorry, we are not.

As for me - monero is a biggest bubble, because there is only speculation about it, blockchain is unusable with its size, IMO almost everything about monero seems terrible - unusable blockchain size (On average PC, it just can`t be a network node), block intervals, tx generation size,  fee size, no GUI after almost 1 year since start,  totally wrong way of development, looks like just no understanding of CN technology.

"software development and infrastructure creation that is done by The Monero Project. " lol you are confirming my words - XRM devs can`t develop the coin, because of low technology understanding, they just make some poor services around original source code, like closed source web wallets.
There is nothing that monero gives to cryptocurrency world, except the wrong way in understanding the new technology, such a pity.



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February 01, 2015, 11:23:52 PM
 #19753

One reason you will find a large % of 0.1 transaction fees is because that what Poloniex charges for withdrawals.

They did not change their fee when the per KB fees were instituted.  When I asked over a month ago they had no plans to change it.

If you don't know where you're going any road will get you there
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February 01, 2015, 11:28:13 PM
 #19754

3 pennies is a high fee? Thats like free, XMR wasnt meant for micropayments.  Go shill in your own thread bud.  Your desperation is just pathetic.

All my recent transfers from my wallets cost me less than a fiat penny.





I will repeat. IMO Monero fees are extremely high, lets look:

Average XMR transaction: http://chainradar.com/xmr/transaction/bb902735207abdee5c8549133e9b0083e289813443b1be472ccba5acec3e49d0
Fee = 0.1 XMR

https://www.cryptonator.com/rates/XMR-USD/0.1

With current XMR rate fee = 0.02986642, almost 3 penny, man



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February 01, 2015, 11:28:51 PM
 #19755

AFAIK there was never any evidence or even reasonable hints of Darknote having any link to the CN scam, so maybe we should all relax on this.

There is really no need for any hostility either side. Hostility is often what prevails in altcoin land and the monero community has always been largely different, let's try to keep it that way!

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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February 02, 2015, 12:16:17 AM
 #19756

I'm not sure where this 0.03-0.10 range comes from. There are plenty of 0.01 transactions that are < 1 KB.  Here is one from within the past hour:

http://chainradar.com/xmr/block/1b4a04fd1f2ce2ebc52a962f9a3b2278e647f9c51a512e1062a374a214db3178

It is even possible to have small transactions with mixins that still come in < 1 KB (so 0.01 fee) if they have a small number of intputs and outputs, though this one doesn't.

As for people not bothering to upgrade I think that says a lot about the perceived cost of the fees. 3 US cents seems to not concern a lot of folks if they can't bother to download an update.
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February 02, 2015, 12:39:54 AM
 #19757

Have a great SuperBowl day guys! Smiley

To you too. I wish they won't run it on a Saturday afternoon in the US, as that makes it the night to Monday for Europe and Africa, which is just very inconvenient. Why not Saturday afternoon? Sad

One answer I found was that advertisers want you sober for the commercials and a Sunday evening keeps most people sober (or at least more so) because you have to work Monday.

Also Superbowl Sunday is trademarked and playing it on Sunday is tradition which is treated as Holy to some people.The early super bowls were never the global events that they are today and didn't have to consider the time differential, so what to do about it now? Change the date and risk losing advertising dollars or pissing off your core demographic? I think the NFL MEW had a 100% vote to keep it as is.

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February 02, 2015, 02:08:17 AM
 #19758

Calling BinaryFate

This sadly seems the consensus at r/bitcoin

"[–]dangero 29 points 7 hours ago
You can't track every single satoshi. Multiple inputs can be combined into a single output. At that point you cannot say which satoshi came from which input. Once they're mixed like that you can't separate them again and say which part came from where. It's like pouring multiple smaller cups of water into one larger cup. Once they are combined and mixed you can't provably separate them again. Even if you pour half out into another cup, who is to say where that half originally came from? Bitcoin is absolutely fungible."

https://www.reddit.com/r/Bitcoin/comments/2uew9j/bitcoin_is_a_finite_resource_like_land_if_you_own/

I know it's wrong, but I'm not sure I know how wrong it is.

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February 02, 2015, 02:22:02 AM
 #19759

This doesnt protect who sends, only the receiver, that can later use the bitcoins to do whatever, but can be put in a list as receiver of "bad coins", this is the problem with the traceability.
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February 02, 2015, 02:45:13 AM
 #19760

Have a great SuperBowl day guys! Smiley

To you too. I wish they won't run it on a Saturday afternoon in the US, as that makes it the night to Monday for Europe and Africa, which is just very inconvenient. Why not Saturday afternoon? Sad

One answer I found was that advertisers want you sober for the commercials and a Sunday evening keeps most people sober (or at least more so) because you have to work Monday.

I and everyone else I work with have Monday off because they know thats not going to be the case.

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