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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667402 times)
e-coinomist
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September 30, 2015, 03:47:39 AM
 #26761

This is an automatic update. Do not reply/quote this message.

I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.


Tongue

This is an automatic update. Do not reply/quote this message.

I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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September 30, 2015, 04:41:13 AM
 #26762

This is an automatic update. Do not reply/quote this message.

I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.


Tongue

This is an automatic update. Do not reply/quote this message.

I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.

This is an automatic update. Do not reply/quote this message.

I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
Cheesy Cheesy Cheesy

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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September 30, 2015, 06:06:33 AM
 #26763

can't no more read mah own postings ... how can I unmute myself  Huh Huh
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September 30, 2015, 06:15:38 AM
 #26764

can't no more read mah own postings ... how can I unmute myself  Huh Huh
 
 
Dude, are you serious right now?  Your "bot" auto-muted yourself for quoting....  Grin nevermind, just enjoy your own limbo. 
 
Go Monero.   Wink  Enjoy the cheap prices while they last, and don't worry about a GUI.  It will come when it is time.  All things arrive exactly when they are supposed to, and not a moment earlier.

Account is back under control of the real AmericanPegasus.
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September 30, 2015, 06:35:42 AM
 #26765

Also, one of you asked Andreas Antonopoulos about the fungibility of bitcoin at this Rotterdam presentation.  Good job: 
 
https://youtu.be/ak1iojpiHpM?t=33m6s

Account is back under control of the real AmericanPegasus.
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September 30, 2015, 09:42:34 AM
 #26766

Also, one of you asked Andreas Antonopoulos about the fungibility of bitcoin at this Rotterdam presentation.  Good job: 
 
https://youtu.be/ak1iojpiHpM?t=33m6s

it was me Smiley
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September 30, 2015, 10:23:44 AM
 #26767

Also, one of you asked Andreas Antonopoulos about the fungibility of bitcoin at this Rotterdam presentation.  Good job: 
 
https://youtu.be/ak1iojpiHpM?t=33m6s

it was me Smiley

Great question you asked!
https://twitter.com/XMRpromotions/status/649167284460609536

Don't buy Monero: https://twitter.com/MoneroPromotion/status/746006420508729344

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September 30, 2015, 12:24:03 PM
 #26768

Opinions needed -> https://forum.getmonero.org/4/academic-and-technical/2394/name-the-next-monero-release

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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September 30, 2015, 03:56:06 PM
 #26769

Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?
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September 30, 2015, 04:01:27 PM
 #26770

Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?

Would be ok for 2, not 4.

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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September 30, 2015, 04:07:55 PM
 #26771

Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?

Would be ok for 2, not 4.


I am also in favor of 2 for a variety of reasons.
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September 30, 2015, 04:27:40 PM
 #26772

Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?

Would be ok for 2, not 4.


I am also in favor of 2 for a variety of reasons.

Could you elaborate a bit on the reasons? Also, I think AEON uses 4 minute blocks and didn't encounter any problems/issues.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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September 30, 2015, 04:39:56 PM
 #26773

AEON sometimes see a variance of over 40 mins for next block! Have fun waiting fir confirmations... I vote to stick with 1 min, i.e. please dont muck with the block time and reward. 

Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?

Would be ok for 2, not 4.


I am also in favor of 2 for a variety of reasons.

Could you elaborate a bit on the reasons? Furthermore, I think AEON uses 4 minute blocks and didn't encounter any problems/issues.

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September 30, 2015, 04:42:37 PM
 #26774

FWIW I would also be ok with a blocktime increase to 2 minutes.

Previous poster: variance on AEON has more to do with current hashrate concentration, than it does with the current blocktime per se. I'm not saying that's good or bad though. The greater the blocktime interval, the greater is the absolute result of variance (though percentage-wise it is always the same)...

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September 30, 2015, 04:56:59 PM
Last edit: September 30, 2015, 05:15:03 PM by ArticMine
 #26775

Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?

I am against raising the blocktime. There has to be strong technical reasons against the current 1 min blocktime. Furthermore the argument has to be made that those technical reasons will cause greater rather than lesser problems in the future. The argument against a short blocktime is that it increases the probability of orphan blocks and I do recognize that Monero is close to the practical limit; however as bandwidth increases this negative impact of this issue also decreases.

On a related note do we need a repeat of the emission debate of last year?

Edit: I propose that we table this issue until other much more pressing matters are resolved, such as the completion of the development goals in https://getmonero.org/design-goals/

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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September 30, 2015, 05:13:57 PM
 #26776

This is nothing at all like the emissions debate.

As far as technical reasons, will increasing the blocktime and thereby decreasing the # of blocks reduce the size of the blockchain to any meaningful degree? 
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September 30, 2015, 05:31:45 PM
 #26777

This is nothing at all like the emissions debate.

As far as technical reasons, will increasing the blocktime and thereby decreasing the # of blocks reduce the size of the blockchain to any meaningful degree? 

Right now with almost no transactions, yes it would. As (if) transactions pick up it would tend toward negligible.
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September 30, 2015, 05:34:43 PM
 #26778

This is nothing at all like the emissions debate.

As far as technical reasons, will increasing the blocktime and thereby decreasing the # of blocks reduce the size of the blockchain to any meaningful degree? 

It might. The prevalence of zero transaction blocks is mainly filling the blockchain now. In the future, who knows. So, if we might see a decrease in size of blockchain if transaction levels continue as they are, but hopefully we see more transactions, not less. So I don't think this rationale has weight.

I'm with ArcticMine re: tabling this issue until later.

However, I do see the rationale in decreasing orphan rate, even though I am not entirely aware of the negative consequences of orphan blocks - I just get the gist that they are not ideal.

Thus, I would be fine with a 2 minute blocktime. I did some digging into the original TFT bitmonero thread, and indeed this is an old issue. Back then, the compromise / rationalization was 1 min blocktimes during the solo mining phase, and then 2 minute blocktimes later.




< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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September 30, 2015, 05:50:25 PM
 #26779

This is nothing at all like the emissions debate.

As far as technical reasons, will increasing the blocktime and thereby decreasing the # of blocks reduce the size of the blockchain to any meaningful degree? 

It might. The prevalence of zero transaction blocks is mainly filling the blockchain now. In the future, who knows. So, if we might see a decrease in size of blockchain if transaction levels continue as they are, but hopefully we see more transactions, not less. So I don't think this rationale has weight.

I'm with ArcticMine re: tabling this issue until later.

However, I do see the rationale in decreasing orphan rate, even though I am not entirely aware of the negative consequences of orphan blocks - I just get the gist that they are not ideal.

Thus, I would be fine with a 2 minute blocktime. I did some digging into the original TFT bitmonero thread, and indeed this is an old issue. Back then, the compromise / rationalization was 1 min blocktimes during the solo mining phase, and then 2 minute blocktimes later.





Boolberry also has 2 minute blocks but it should be noted there are other reasons why their blockchain is smaller (by  pruning the ring-signatures).

I am curious to hear what all of the monero devs have to say about block times

Don't buy Monero: https://twitter.com/MoneroPromotion/status/746006420508729344

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September 30, 2015, 06:03:12 PM
 #26780

Is blockchain size even still relevant when moved to DB  ?
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