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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4554168 times)
Anon136
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November 04, 2017, 01:50:25 AM
 #36341

And let's not argue why PoS is a security nightmare.

Whaaat? This is news to me. I would very much like to argue about this. It's true that peercoins model was deeply flawed. But NXT, at least conceptually, solved all of those problems (if it had been bootstrapped with a better distribution). At least I think it did, I wouldn't want to claim that I'm beyond reproach. Of course you said you didn't want to argue about it so the ball is in your court on that one. I certainly cant force you and I wont try.

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Johnny Mnemonic
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November 04, 2017, 03:35:27 AM
Last edit: November 04, 2017, 04:24:46 AM by Johnny Mnemonic
 #36342

And let's not argue why PoS is a security nightmare.

Whaaat? This is news to me. I would very much like to argue about this.

I don't mind a debate. I was only trying to avoid sparking further off-topic discussion from my already off-topic post.

Even if proof of stake could work, I'd still question the incentives of anyone who insists on using it in their project. It's essentially a system where the rich become richer with zero risk or opportunity cost. Sounds productive. What a coincidence all the scams in the space are falling all over themselves to support it.

As far as the technical challenges with proof of stake, these papers are pretty enlightening:
https://download.wpsoftware.net/bitcoin/pos.pdf
http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf
Isaaq.Almaguer
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November 04, 2017, 08:40:28 AM
 #36343

a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks
chockmaddening
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November 04, 2017, 09:38:09 AM
 #36344

Which rights do your tokens provide its holders with?
Johnny Mnemonic
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November 04, 2017, 09:40:20 AM
 #36345

a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks


224 MH/s
Isaaq.Almaguer
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November 04, 2017, 09:48:25 AM
 #36346

a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks


224 MH/s

alright, thanks! Has there been a major decrease in the last couple of days? Because Electroneum blockchain went live and they're already at 150MH/s, so that makes Monero more profitable to mine unless Electroneum reaches a market cap of 900 million, which they're currently far from. (approx 250 million)
Chicken76
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November 04, 2017, 02:38:20 PM
 #36347

a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks


ChainRadar seems to be stuck.
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November 04, 2017, 03:48:06 PM
 #36348

And let's not argue why PoS is a security nightmare.

Whaaat? This is news to me. I would very much like to argue about this.

I don't mind a debate. I was only trying to avoid sparking further off-topic discussion from my already off-topic post.

Even if proof of stake could work, I'd still question the incentives of anyone who insists on using it in their project. It's essentially a system where the rich become richer with zero risk or opportunity cost. Sounds productive. What a coincidence all the scams in the space are falling all over themselves to support it.

As far as the technical challenges with proof of stake, these papers are pretty enlightening:
https://download.wpsoftware.net/bitcoin/pos.pdf
http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf


And as the rich get richer its more vulnerable to a 51% attack. I seem to remember on the older iplementations of POS I also heard you only needed to have ever owned each of the 51% of the coins at some time to do a 51% attack


Bah Humbug
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November 04, 2017, 05:40:00 PM
 #36349

a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks


https://xmrchain.net

Дoбpo пoжaлoвaть в pyccкoязычнoe cooбщecтвo   Monero    (XMR): фopyм: XMR.RU | Telegram: @XMR_RU | YouTube: Monero Russian Community
    Уcлyги Гapaнтa  
#ShareATool --> https://bitcointalk.org/index.php?topic=5113775.0  |  🔑Maнyaлы пo мyльтипoдпиcи: BTC (Electrum)    |   ⧫ (GNOSIS)    | 🔑
explorer
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November 04, 2017, 10:32:31 PM
 #36350

Which rights do your tokens provide its holders with?

 The right to transact privately, as you choose.  Did you require more?

Trolls getting thick on the ground again... building pressure...
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November 04, 2017, 11:09:20 PM
Last edit: November 04, 2017, 11:51:16 PM by revelacaogr
 #36351

The multisig branch just lost its DO NOT MERGE tag.

https://www.reddit.com/r/Monero/comments/7ajdaj/the_multisig_branch_just_lost_its_do_not_merge_tag/dpaudci/


New look for Monerujo (XMR) wallet! Plus brand new website

https://www.xmrujo.com/






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November 04, 2017, 11:26:01 PM
 #36352

Will try to mine monero. Hopefully it would be profitable.

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November 04, 2017, 11:51:13 PM
 #36353

Monerujo update!

https://www.xmrujo.com/



Дoбpo пoжaлoвaть в pyccкoязычнoe cooбщecтвo   Monero    (XMR): фopyм: XMR.RU | Telegram: @XMR_RU | YouTube: Monero Russian Community
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#ShareATool --> https://bitcointalk.org/index.php?topic=5113775.0  |  🔑Maнyaлы пo мyльтипoдпиcи: BTC (Electrum)    |   ⧫ (GNOSIS)    | 🔑
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November 04, 2017, 11:55:01 PM
 #36354

i really can't believe how much the monero has reached in value. and of cource i do not have a good portofolio of XMR  Cry

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/Whitepaper/ /Sign Up/ /Buy Token Now/


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Hueristic
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November 05, 2017, 03:32:59 AM
 #36355

And let's not argue why PoS is a security nightmare.

Whaaat? This is news to me. I would very much like to argue about this.

I don't mind a debate. I was only trying to avoid sparking further off-topic discussion from my already off-topic post.

Even if proof of stake could work, I'd still question the incentives of anyone who insists on using it in their project. It's essentially a system where the rich become richer with zero risk or opportunity cost. Sounds productive. What a coincidence all the scams in the space are falling all over themselves to support it.

As far as the technical challenges with proof of stake, these papers are pretty enlightening:
https://download.wpsoftware.net/bitcoin/pos.pdf
http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf


Thanks for those I never had checked into POS security as like you said most POS coins are scams or not viable (as in NXT distribution).

Which rights do your tokens provide its holders with?

The right to financial freedom, why do you need more for your money?


Sweet once this ball started rolling it has to be the fasted goal yet, we might have to lose the tag soon on this one!


Quote
New look for Monerujo (XMR) wallet! Plus brand new website

https://www.xmrujo.com/

This looks really promising! Has the code been vetted?


Geekphazm
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November 05, 2017, 03:41:55 AM
 #36356

XMR new development or partnership news?
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November 05, 2017, 03:49:39 AM
 #36357

Most traders don't have enough patience to wait, so success only belongs to a handful of confident, firm holders Grin
Hueristic
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November 05, 2017, 03:57:54 AM
 #36358

XMR new development or partnership news?

multisig and andriod wallet is news I guess.

smooth
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November 05, 2017, 04:20:28 AM
 #36359

This has a lot of potential but still needs to be better evaluated.

https://www.reddit.com/r/Monero/comments/7au6ry/bulletproofs_efficient_range_proofs_for/
hieu81
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November 05, 2017, 05:29:00 AM
 #36360

Monerujo update!

https://www.xmrujo.com/



dear friend
Where i can find  this app for iOS
I do not have andriod phone!
Thanks
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