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

[bitebits]

So whats up with the hard fork, how did it went, and how much time did it took to activate?

The planned protocol update went fine, it took two minutes.
(edit: which is currently scheduled every six months and was planned for block 1400000)

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[Hueristic]

So whats up with the hard fork, how did it went, and how much time did it took to activate?

Normally Monero updates go about without any drama thats why it's on a regular schedule so there is time for the updates to be tested on testnet like any project worth it's salt will do before rolling an update out that will HF. Any project that has continuous issues on updates is in the hands of inept Developers and should not be trusted. This is not some game that your character may get lost this is actual currency and alot of these fly by night gimmick coins don't seem to get that and have to roll out multiple patches to fix their initial incompetence. It's amusing to watch them run around and try to find a competent Dev to save them. Or worse yet have to break immutability and destroy any credibility they initially had.

[profitgenerator212]

So whats up with the hard fork, how did it went, and how much time did it took to activate?

The planned protocol update went fine, it took two minutes.

Wow isn't that hasty?

Isn't this supposed to be a decentralized community. I mean sure people might have high agreement rate in a small community but still 2 minutes?

There are always disagreements, in a decentralized community, it would normally take a lot of time until consensus is reached. Is the Monero community not decentralized enough? How many nodes are there?

[Hueristic]

So whats up with the hard fork, how did it went, and how much time did it took to activate?

The planned protocol update went fine, it took two minutes.

Wow isn't that hasty?

Isn't this supposed to be a decentralized community. I mean sure people might have high agreement rate in a small community but still 2 minutes?

There are always disagreements, in a decentralized community, it would normally take a lot of time until consensus is reached. Is the Monero community not decentralized enough? How many nodes are there?

I see what you did there, LOL

For those that want to see node distribution here is a nice linky.

https://monerohash.com/nodes-distribution.html

Code:

Country list
Country 	        Nodes
United States	285
France	        206
Germany	        192
Canada	        58
Russia	        51
Netherlands	        50
China	                41
United Kingdom	39
Czechia	        13
Sweden	        13
Republic of Korea	12
Finland	        10
Switzerland	        10
Australia	        10
Ukraine	        10
Singapore	        10
Bulgaria	         9
Italy	                 9
Austria	         9
Japan	8
Brazil	8
Taiwan	8
Portugal	7
Romania	7
Republic of Lithuania	6
South Africa	6
Spain	6
Norway	5
Greece	4
Poland	4
Vietnam	4
Indonesia	4
Republic of Moldova	4
Hong Kong	3
New Zealand	3
Estonia	3
Argentina	3
Slovenia	3
Belgium	2
Denmark	2
Hungary	2
Turkey	2
Thailand	2
Malaysia	2
Slovak Republic	2
Croatia	1
Jersey	1
Latvia	1
Luxembourg	1
Philippines	1
Iceland	1
Chile	1
Iran	1
Cyprus	1
India	1
Ireland	1
Kyrgyzstan	1
Kenya	1
Uzbekistan	1
Cambodia	1
Kazakhstan	1
Mexico	1

[FarmerOak]

Love seeing these main projects have one huge, ongoing thread on BTCtalk, it's like a conversation ledger. Too bad it's not decentralized...

[profitgenerator212]

So whats up with the hard fork, how did it went, and how much time did it took to activate?

The planned protocol update went fine, it took two minutes.

Wow isn't that hasty?

Isn't this supposed to be a decentralized community. I mean sure people might have high agreement rate in a small community but still 2 minutes?

There are always disagreements, in a decentralized community, it would normally take a lot of time until consensus is reached. Is the Monero community not decentralized enough? How many nodes are there?

I see what you did there, LOL

For those that want to see node distribution here is a nice linky.

https://monerohash.com/nodes-distribution.html

I see, we have 1000+ nodes that is nice for an altcoin other than BTC.

I just don't get how fast it can happen? Did the nodes pre-signal the update? Is that a possibility?

Or did they need to download a new software and restart their node client. I am not exactly sure how the upgrading procedure works. I know for BTC you have to download a new software and replace the old one.

I am just not sure how can that be done in 2 minutes for 1000 nodes.

[Anon136]

Could ETH or BTC implement features which will make Monero obsolete?

I've heard the Ring?? algorithm is the best there is for privacy.

No, But the opposite is quite true.

Does monero have plans to facilitate turing complete on chain scripting? If not than I don't see how it could make eth obsolete.

I said possible not probable. It's impossible for that touring complete shitshow to ever become backwardly fungible nor immutable.

Don't get me wrong. I have plenty of my own beef with ETH. But I do not understand this criticism.

Are you saying turing complete on chain scripting is necessarily impossible to be fungible or immutable in all conceivable implementations? Or are you claiming this of ETH particular implementation? Also I understand what fungible and immutable mean generally but I'm not sure if I understand what you mean by them in this case. Can you elaborate? Do you have any relevant links that lead you to this conclusion?

If you are talking about how they hard fork and roll back all the time to make up for their incompetence than I would say they can (and should) have chosen not to do that.

[Hueristic]

I see what you did there, LOL

For those that want to see node distribution here is a nice linky.

https://monerohash.com/nodes-distribution.html

I see, we have 1000+ nodes that is nice for an altcoin other than BTC.

I just don't get how fast it can happen? Did the nodes pre-signal the update? Is that a possibility?

Or did they need to download a new software and restart their node client. I am not exactly sure how the upgrading procedure works. I know for BTC you have to download a new software and replace the old one.

I am just not sure how can that be done in 2 minutes for 1000 nodes.

You set a block for the new code to run on and any node that is not supporting that version gets ignored by the updated code, all you have to do is get a consensus to upgrade (make the new code the majority fork{if there is one}). As Monero has done this upgrade on a regular schedule all nodes know they must update or be left behind. There is always a possibility of a fork that survives just like ETC or BCC but that is exceptionally small in monero at this time.

Don't get me wrong. I have plenty of my own beef with ETH. But I do not understand this criticism.

Are you saying turing complete on chain scripting is necessarily impossible to be fungible or immutable in all conceivable implementations? Or are you claiming this of ETH particular implementation?

Yes ETH specifically cannot be made retroactively fungible.

Also I understand what fungible and immutable mean generally but I'm not sure if I understand what you mean by them in this case. Can you elaborate? Do you have any relevant links that lead you to this conclusion?

It is my understanding that making a already created chain cannot be made fungible it must be so from inception but even if that were not true you could never remove the chain that already exists. As far as immutability, once it's gone it's gone FOREVER.

If you are talking about how they hard fork and roll back all the time to make up for their incompetence than I would say they can (and should) have chosen not to do that.

QFT

[primer-]

Globee proposal leaked on irc, #monero-pools:

<dr-mike> Dr. Mike Maltas Globee 'secret' proposal details are now here :  https://expirebox.com/download/6b629792384ed9ddd492e3c6cc40ed99.html

[NeuroticFish]

Globee proposal leaked on irc, #monero-pools:

<dr-mike> Dr. Mike Maltas Globee 'secret' proposal details are now here :  https://expirebox.com/download/6b629792384ed9ddd492e3c6cc40ed99.html

Although interesting proposal for increasing awareness, I expect the stores will dump the coins on exchanges as soon as they can so the added value to the ecosystem may not be great.
Or maybe I'm too pessimistic

The good part is that they are trying something, anything.

[Globb0]

usage > volume > price

[primer-]

Globee proposal leaked on irc, #monero-pools:

<dr-mike> Dr. Mike Maltas Globee 'secret' proposal details are now here :  https://expirebox.com/download/6b629792384ed9ddd492e3c6cc40ed99.html

Although interesting proposal for increasing awareness, I expect the stores will dump the coins on exchanges as soon as they can so the added value to the ecosystem may not be great.
Or maybe I'm too pessimistic

The good part is that they are trying something, anything.

The stores won't dump the coins because there will be nothing to dump. I hate seeing businesses ask for donations and offer nothing in return.
I donated 0 XMR.

EDIT: Here's the link to the fundraiser for the sheeple: https://forum.getmonero.org/8/funding-required/88459/globee-s-secret-project-fundraiser

[bitebits]

Globee proposal leaked on irc, #monero-pools:

<dr-mike> Dr. Mike Maltas Globee 'secret' proposal details are now here :

Although interesting proposal for increasing awareness, I expect the stores will dump the coins on exchanges as soon as they can so the added value to the ecosystem may not be great.
Or maybe I'm too pessimistic

The good part is that they are trying something, anything.

The stores won't dump the coins because there will be nothing to dump. I hate seeing businesses ask for donations and offer nothing in return.
I donated 0 XMR.

EDIT: Here's the link to the fundraiser for the sheeple: https://forum.getmonero.org/8/funding-required/88459/globee-s-secret-project-fundraiser

Iron Maiden to soon accept Monero: donated a day's salary to the Globee project.

[primer-]

Globee proposal leaked on irc, #monero-pools:

<dr-mike> Dr. Mike Maltas Globee 'secret' proposal details are now here :  https://expirebox.com/download/6b629792384ed9ddd492e3c6cc40ed99.html

Although interesting proposal for increasing awareness, I expect the stores will dump the coins on exchanges as soon as they can so the added value to the ecosystem may not be great.
Or maybe I'm too pessimistic

The good part is that they are trying something, anything.

The stores won't dump the coins because there will be nothing to dump. I hate seeing businesses ask for donations and offer nothing in return.
I donated 0 XMR.

EDIT: Here's the link to the fundraiser for the sheeple: https://forum.getmonero.org/8/funding-required/88459/globee-s-secret-project-fundraiser

Fluffy shills have been reporting the file so it has been deleted. Here's another link : https://my.mixtape.moe/aulury.pdf

[profitgenerator212]

You set a block for the new code to run on and any node that is not supporting that version gets ignored by the updated code, all you have to do is get a consensus to upgrade (make the new code the majority fork{if there is one}). As Monero has done this upgrade on a regular schedule all nodes know they must update or be left behind. There is always a possibility of a fork that survives just like ETC or BCC but that is exceptionally small in monero at this time.

So lemme get this straight. They create the new code, put it in a new software, then leave like 1 month for every node to download and verify it.

Then at a pre-coded time the hardfork activates if a majority of nodes signal it by then. So for example if a new hardfork were to come out by Dec, they would release the code in like 1 month, people would have plenty of time to verify that and then signal it if they wish it.


Is that how it goes in Monero? I mean you can't really download and verify the software in 2 min, so I guess that phase was the previous few weeks was it?

[_Buddhist_]

Will the monero go up more ?

[garytheasshole]

You set a block for the new code to run on and any node that is not supporting that version gets ignored by the updated code, all you have to do is get a consensus to upgrade (make the new code the majority fork{if there is one}). As Monero has done this upgrade on a regular schedule all nodes know they must update or be left behind. There is always a possibility of a fork that survives just like ETC or BCC but that is exceptionally small in monero at this time.

So lemme get this straight. They create the new code, put it in a new software, then leave like 1 month for every node to download and verify it.

Then at a pre-coded time the hardfork activates if a majority of nodes signal it by then. So for example if a new hardfork were to come out by Dec, they would release the code in like 1 month, people would have plenty of time to verify that and then signal it if they wish it.


Is that how it goes in Monero? I mean you can't really download and verify the software in 2 min, so I guess that phase was the previous few weeks was it?

The pool where I'm mining monero had a countdown for the HardFork V6 more than a month ago.

[chilly2k]

You set a block for the new code to run on and any node that is not supporting that version gets ignored by the updated code, all you have to do is get a consensus to upgrade (make the new code the majority fork{if there is one}). As Monero has done this upgrade on a regular schedule all nodes know they must update or be left behind. There is always a possibility of a fork that survives just like ETC or BCC but that is exceptionally small in monero at this time.

So lemme get this straight. They create the new code, put it in a new software, then leave like 1 month for every node to download and verify it.

Then at a pre-coded time the hardfork activates if a majority of nodes signal it by then. So for example if a new hardfork were to come out by Dec, they would release the code in like 1 month, people would have plenty of time to verify that and then signal it if they wish it.


Is that how it goes in Monero? I mean you can't really download and verify the software in 2 min, so I guess that phase was the previous few weeks was it?

Hardfork = no signal

Softfork = signal

[profitgenerator212]

The pool where I'm mining monero had a countdown for the HardFork V6 more than a month ago.

Ok that is reasonable then.

For a moment I thought it's some kind of automatic update channel that downloads a "new patch" at the moment of the harfork, which would be extremely centralized.

https://arstechnica.com/information-technology/2017/09/backdoor-malware-planted-in-legitimate-software-updates-to-ccleaner


But I am glad that it's not like that, decentralization is very very important.

[fluffypony]

The stores won't dump the coins because there will be nothing to dump. I hate seeing businesses ask for donations and offer nothing in return.
I donated 0 XMR.

You did exactly what you've done to help Monero in the past: exactly nothing. In fact, in the past just as today, all you offer is negativity, selfishness, greed, and criticism. You have never done a single thing to aid Monero in any way, shape, or form. And yet Monero succeeds despite your efforts to the contrary, sucks to be you.