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

[GingerAle]

btw, i just want to commend whoever it was that pointed out that the proposed Dash airdrop wasn't with the original instamined coins, but an additional magic block that would be distributed. I had been reading this stuff for months, but never picked up on that nuance.

/end dash talk. sorry.

[AzzAz]

I think we can all agree that this campaign by a few is not having the desired effect.

There was no campaign, just free minds expressing

ccc poor, very poor

What if we all come here to express minds, all day long, all days...

[Febo]

I've refrained from posting about this issue here, but now that I see that this bickering has caused you to lose a major investor, I've got to say my piece.

Everyone has rights to do with his money as it please him. Coins anyone sells dont vapour, but get bought by someone else. And that one become then supporter as you say. Since this one was big, maybe he had as much coins to be bought by two new supporters.  That, that is even better.

[dEBRUYNE]

I think we can all agree that this campaign by a few is not having the desired effect.

There was no campaign, just free minds expressing

So I guess pestering the CMC-owner to tag Dash with the outright lie of being "significantly premined" wasn't a concerted effort of the inner circle and the main devs of Monero as evidenced by the countless posts in the CMC-thread and who knows how many PMs in his direction? Yep, totally not a campaign. And the miner of Monero wasn't deliberately de-optimized, too then.

Just a free mind expressing here.

get your history right then.

Monero miner originally inherited from Bytecoin. Bytecoin miner was deoptimized, let them create the illusion of having a 2 year old blockchain. Where's Dr. Bookmarks?

I can't find the specific post you're searching for, but the general history of Monero is in here -> https://forum.getmonero.org/20/general-discussion/211/history-of-monero.

Also a small post about it from smooth, he had a more extensive post about it, but I can't find it right now..

http://da-data.blogspot.co.uk/2014/08/minting-money-with-monero-and-cpu.html

It's not entirely clear from that post unless you read it very carefully, and especially if you correlate the story he tells with the monero github commits, but what was happening was we were finding optimizations to put into the public code over the same time period that he was (starting with the NoodleDoodle one he mentions that was done before he even started).

He was a bit better at it and kept somewhat of an edge for a while, but the improvement to the public miner kept that edge modest (for example, the AES instruction thing he mentioned was also fixed by NoodleDoodle a short time later). There was a constant game of one person optimizing trying to outdo another, and I'm sure there were other miners doing that too. The exact same thing happens with every other coin, although I frankly doubt the core developers of every coin throw their optimizations out there on github right away the way we did.

Another relevant post:

I don't normally reply to these... but monero also had distribution problems.  The open source mining code was extremely inefficient, allowing insiders to mine with advantage.

No, it wasn't "insiders" at all, it was an expert computer scientist (dga) and his miner partners, who were able to spend a lot of money and make more money from that, but the overall supply curve was not affected at all. Plenty of other people (including me) were able to mine with the regular miner and still be profitable, which was quite remarkable, but the market was very hot at the time too. It's all well documented (including the non-involvement of the insiders; in fact we were thwarting their efforts as quickly as we could) on his blog somewhere.

EDIT: here:

By the time I got into it, developer "NoodleDoodle" (hey, this is crypto, people can pick whatever names they want -- Satoshi Nakamoto?) had already untwisted the first "de-optimization" with the AES encryption key.  

...

[in comments, in response to a suggestion he was an insider with a special advantage]
This would be a very reasonable thing to assert if I had anything to do with Monero.  I don't.  In fact, to the best of my knowledge, none of the people who profited from early optimized Monero mining had anything to do with crippling the code in the first place.

Think of it this way:  You step in and inherit a legacy codebase for a promising and interesting new cryptocurrency.  You're immediately beset with demands -- fix bugs, release binaries, answer help questions, etc.  In retrospect, it turns out that the code you took over had been de-optimized by its original creators.  Is that your fault?  Of course not.  What's the standard that we should hold the Monero developers to?  To fix any bugs or deliberate weaknesses as fast as they can after they become aware of it.  To get up to speed and review and understand the codebase they inherited as quickly as a reasonable developer can do.

[alz]

Its been clear for months now that the actions of smooth ,Adam White and the other relentless neurotics are counter productive!
Unless the aim was to indirectly damage the reputation of Monero beyond all possibility of redemption while keeping the DASH thread consistently on top of the stack day after day......

[5w00p]

See ya, otoh!

I cried a single little salty tear from my left eye for ya. Not.

[coins101]

snip

I dont know why are you following DASH, it has a shady past and masternode concept is flawed. But its all about the money right? But i second you on smooth, if i were a noob i would totally be not liking Monero if a core dev is fighting on other coin threads. He is doing great service and equal damage to Monero

You will find two of your lead / core devs waging a war of words on coinmarketcap thread attempting to bully them.

https://bitcointalk.org/index.php?topic=199685.4160

Monero had a bad launch. Your community decided to live with it.

Darkcoin had a bad launch. The Darkcoin community decided to live with it.

This toxic war of words started, as far as I can tell, back in March when a campaign started on the Darkcoin thread. That continued to escalate and now your devs are distracted and leading the charge. The natural desire is to stand up to lead devs calling other lead devs scammers, which is what the Darkcoin / DASH community feel they need to do.

You all have your view if that is a correct label or not, as I and others have our view about it and your problem launch.

My guess is we have all been sucked in to this and we are all being played by those that started out to create a shit storm. You have already experienced this with the BCX saga.

Lets just agree to disagree.

Hopefully you can encourage your lead devs to stop their campaign and concentrate on your project.

[fluffypony]

I've been a large and long term holder of Monero up until this week, approx this time last year my XMR holdings were worth $60,000 and I've sold none until now, why did I decide to sell - because I took a good long look at the coin, it's development and potential as far as I could see it and decided that it was no longer something that I wished to support.

Why did I take a fresh look at it, because among other coins that I back is DASH and on the BCT DASH thread there is constant trolling by Monero fans and the dev smooth, just check how many posts he's made there today alone, dozens and dozens and dozens, why is this happening - I assume to make the thread unreadable and spread FUD, well it does this but it also creates a very poor image of crypto in general and Monero in particular, it is going out of one's way to try and antagonize everyone who sees it.

So I am no longer prepared to back a coin that has a main dev act in such a toxic way, I now no longer own any and do not plan to in the future, those remaining I wish you well with it but my decision to sell three days ago was primarily a business one, I do not see a bright future for this coin as things are atm I'm sorry to say.



 

I feel your pain. The entire dev team is behind the DASH FUD campaign. They chose smooth to carry the attack because he has nothing to lose, his reputation in this thread was lost months ago.

Inspired by Otoh's brave example, I also have decided to sell all my XMR. I use the Dark Theme on Poloniex because I'm cool. As you can see, this is me selling everything. As you can see from the screenshot I'm selling my 192382374923412.203874 XMR for 384782064260.56750488 BTC (around $86.19 trillion). Hopefully the market can sustain this dump.



In future I look forward to teleporting you all to my private island on the planet Neptune, where we can fly our hovercars around and laugh about the good ol' days.

Edit: fixed for the luigis

[luigi1111]

I've been a large and long term holder of Monero up until this week, approx this time last year my XMR holdings were worth $60,000 and I've sold none until now, why did I decide to sell - because I took a good long look at the coin, it's development and potential as far as I could see it and decided that it was no longer something that I wished to support.

Why did I take a fresh look at it, because among other coins that I back is DASH and on the BCT DASH thread there is constant trolling by Monero fans and the dev smooth, just check how many posts he's made there today alone, dozens and dozens and dozens, why is this happening - I assume to make the thread unreadable and spread FUD, well it does this but it also creates a very poor image of crypto in general and Monero in particular, it is going out of one's way to try and antagonize everyone who sees it.

So I am no longer prepared to back a coin that has a main dev act in such a toxic way, I now no longer own any and do not plan to in the future, those remaining I wish you well with it but my decision to sell three days ago was primarily a business one, I do not see a bright future for this coin as things are atm I'm sorry to say.



 

I feel your pain. The entire dev team is behind the DASH FUD campaign. They chose smooth to carry the attack because he has nothing to lose, his reputation in this thread was lost months ago.

Inspired by Otoh's brave example, I also have decided to sell all my XMR. I use the Dark Theme on Poloniex because I'm cool. As you can see, this is me selling everything. As you can see from the screenshot I'm selling my 192382374923412.203874 XMR for 384782064260.56750488 BTC (around $86.19 trillion). Hopefully the market can sustain this dump.



In future I look forward to teleporting you all to my private island on the planet Neptune, where we can fly our hovercars around and laugh about the good ol' days.

You moron doofus, you forgot to blank the stop limit section.



Edit: oh you fixed it, now I'm the doofus.

Edit2: I'll have you know there's only one of me!

[fluffypony]

Its been clear for months now that the actions of smooth ,Adam White and the other relentless neurotics are counter productive!
Unless the aim was to indirectly damage the reputation of Monero beyond all possibility of redemption while keeping the DASH thread consistently on top of the stack day after day......

Did you seriously edit a stock vector art preview??

[myagui]

I believe this to be a good time to remind the public of the little known fact that both fluffypony and smooth have a history of scamming.
It's nearly a year now, that I got scammed out of a winning auction position by force of insider outbidding!

The full facts list and irrefutable evidence is forever recorded in the bitcointalk history books:
Pizzagate - The Monero Scandal

^{* Disclaimer: the inferior comedic skills of the author entitle you, the reader, to reflect upon the present post with a moderate-to-absent smile. Giggles not permitted.}

[fluffypony]

Monero had a bad launch. Your community decided to live with it.

Darkcoin had a bad launch. The Darkcoin community decided to live with it.

It's always good to compare like-for-like, so let's look at the first 48 hours:

The first 5 056 blocks of Dash bring us to the 48 hour mark. This means the average block time for that period was just over 34 seconds, vs. the 2.5 minutes it is today. At the end of the first two days 2 020 652 Dash had been mined. That's 38% of the total Dash in existence today, and 9.18% of all Dash that will ever exist.

The equivalent for Monero is the first 3 037 blocks, which brings us to the 48 hour mark. This means the average block time for that period was just 56.9 seconds, vs. the 60 seconds it is today. At the end of the first two days 53 350 Monero had been mined. That's 0.72% of the total Monero in existence today. As we have infinite tail emission it the actual % it represents tends towards zero, but if we want to take the initial 18 446 744 XMR as a base value (because minimum block reward takes 7.5 years to kick in) then it represents 0.29% of that initial emission.

[kazuki49]

I believe this to be a good time to remind the public of the little known fact that both fluffypony and smooth have a history of scamming.
It's nearly a year now, that I got scammed out of a winning auction position by force of insider outbidding!

The full facts list and irrefutable evidence is forever recorded in the bitcointalk history books:
Pizzagate - The Monero Scandal

^{* Disclaimer: the inferior comedic skills of the author entitle you, the reader, to reflect upon the present post with a moderate-to-absent smile. Giggles not permitted.}

I knew it! it was too good to be true!!!

[fluffypony]

I believe this to be a good time to remind the public of the little known fact that both fluffypony and smooth have a history of scamming.
It's nearly a year now, that I got scammed out of a winning auction position by force of insider outbidding!

The full facts list and irrefutable evidence is forever recorded in the bitcointalk history books:
Pizzagate - The Monero Scandal

^{* Disclaimer: the inferior comedic skills of the author entitle you, the reader, to reflect upon the present post with a moderate-to-absent smile. Giggles not permitted.}

These are lies fabricated by the Pizzacoin dev. We are innocent in pizzagate! I did not have slices of that pizza, Margherita Lewinski.

[coins101]

Monero had a bad launch. Your community decided to live with it.

Darkcoin had a bad launch. The Darkcoin community decided to live with it.

It's always good to compare like-for-like, so let's look at the first 48 hours:

The first 5 056 blocks of Dash bring us to the 48 hour mark. This means the average block time for that period was just over 34 seconds, vs. the 2.5 minutes it is today. At the end of the first two days 2 020 652 Dash had been mined. That's 38% of the total Dash in existence today, and 9.18% of all Dash that will ever exist.

The equivalent for Monero is the first 3 037 blocks, which brings us to the 48 hour mark. This means the average block time for that period was just 56.9 seconds, vs. the 60 seconds it is today. At the end of the first two days 53 350 Monero had been mined. That's 0.72% of the total Monero in existence today. As we have infinite tail emission it the actual % it represents tends towards zero, but if we want to take the initial 18 446 744 XMR as a base value (because minimum block reward takes 7.5 years to kick in) then it represents 0.29% of that initial emission.

So my civil request to stop, is responded to by a continuation from your end.

Classy.

[dreamspark]

Hello Monero community.

I've refrained from posting about this issue here, but now that I see that this bickering has caused you to lose a major investor, I've got to say my piece.

Granted, I am a Dash investor, but I am one of the more moderate posters in our community. I occasionally tweet about other coin's news, and I pride myself on having an open mind. You will not see me trolling in another coin's forum.

I hope that we can all agree that this type of behaviour is ultimately self-defeating. I have a vested interest, not only in Dash, but also in the greater crypto community. This is the same kind of thing that caused the Dogecoin dev to leave crypto, and quite frankly, makes the whole crypto community look childish at best.

Please, end this now. This has been going on for weeks, and has anyone gained? Dash is losing value slowly, and Monero is plummeting. I think we can all agree that this campaign by a few is not having the desired effect.

Is Dash perfect? Absolutely not. Is Monero perfect? Absolutely not.

Let's respect each other. Just like there is Pepsi and Coke, and Apple and Samsung, there is room for more than one crypto in the future.

Let's use our time going forward to add value to our own cryptos, rather than trying to cut each other down. No one wins that battle, everyone loses.

Maybe then, we will win back lost investors.

Tao

Major investor... lol.
 
Firstly I'm no XMR fanboy. I've made good money off several coins including drk so thanks for those pumps boys. One thing I've learnt is that the true beleivers unfortunately end up as bag  holders. Nobody should get too attached to any coin as there is new innovation in this space constantly.

Few points here.

1) Why blank out the amount you have yet show the sale amount unless you've still got more.
2) Not investor, someone who dumps because they don't like the fact that someone else is pointing out the obvious wrong doings of your crypto child is not a real investor.
3) This is crypto, the wildest of the west. Dont come and cry because you don't like what someones saying about your coin. Someone who sees a scam and doesn't say is a scammer themselves. The fact that you lot think that the super fast emission is a non issue are asinine.

Fact is none of these cryptos are likely to succeed long term, hell even btc is going to struggle to make any *real* impact. I'm talking 100's of billions market cap and accepted in most places (bitpay doesn't count) not a few billion.

BTW, having a de-optimized miner that only a few knew about is eons different to mining 2 million coins in the first 48 hours. To make matters worse there were no windows binaries available at the drk launch so only a few people got those coins. Please dont tell me they were all sold for peanuts. I can sit and trade with myself all day.

I mined with the de-optimized miner from just after launch and I know I got more than my fair share of those early coins. The miner was fixed and merged very quickly. The percentages improvements that a few people experienced who knew about the optimized miner meant they had 50% more hash than they would have, but of the total network it was not a large amount.

If you think that optimized miners aren't present for all algo's then you are seriously mistaken. I have x11 miners that are faster than the public ones available now, does that make all x11 algo coins a scam?

[AzzAz]

omg you all even here talk only about DASH !?!

[cAPSLOCK]

So my civil request to stop, is responded to by a continuation from your end.

Classy.

Nothing wrong with him putting your false equivalency into perspective.

Also, you have no right to tell others what to post. 

Also, also, Who made you the one to get the last word.

Silly silly troll.

[GingerAle]

Monero had a bad launch. Your community decided to live with it.

Darkcoin had a bad launch. The Darkcoin community decided to live with it.

It's always good to compare like-for-like, so let's look at the first 48 hours:

The first 5 056 blocks of Dash bring us to the 48 hour mark. This means the average block time for that period was just over 34 seconds, vs. the 2.5 minutes it is today. At the end of the first two days 2 020 652 Dash had been mined. That's 38% of the total Dash in existence today, and 9.18% of all Dash that will ever exist.

The equivalent for Monero is the first 3 037 blocks, which brings us to the 48 hour mark. This means the average block time for that period was just 56.9 seconds, vs. the 60 seconds it is today. At the end of the first two days 53 350 Monero had been mined. That's 0.72% of the total Monero in existence today. As we have infinite tail emission it the actual % it represents tends towards zero, but if we want to take the initial 18 446 744 XMR as a base value (because minimum block reward takes 7.5 years to kick in) then it represents 0.29% of that initial emission.

But you see, these facts don't aling with how they feel about Dash.



And frankly they don't care. So, whatever.

omg you all even here talk only about DASH !?!

Well they all came over here saying "hey guys how about you stop talking about our scam because it makes you look bad". And I guess we're sort of demented over here because we keep talking about it. I, however, only troll the monero forum with dash. Because im demented.

[HinnomTX]

46aRPgXEgqf23G2VU5fy4oeKBGpU6uXSv57CkXKrz4EbDwDeh573QQhZYeyjriWAMUhNoBHMUwkGV2A2ppWwAx4JT9HNJ9h
Damn, that is a sexy address. Literally can't spell it without SEXY. Trying doing that with a DASH address.