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

[Globb0]

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

[1714893892]

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[1714893892]

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[1714893892]

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[TheFuzzStone]

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

[explorer]

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...

[revelacaogr]

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/

[Hawkey42]

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

[TheFuzzStone]

Monerujo update!

https://www.xmrujo.com/

[majestymage]

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 

[Hueristic]

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?

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/

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!

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

https://www.xmrujo.com/

This looks really promising! Has the code been vetted?

[Geekphazm]

XMR new development or partnership news?

[qianliwen888666]

Most traders don't have enough patience to wait, so success only belongs to a handful of confident, firm holders

[Hueristic]

XMR new development or partnership news?

multisig and andriod wallet is news I guess.

[smooth]

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]

Monerujo update!

https://www.xmrujo.com/

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

[TheFuzzStone]

Where i can find  this app for iOS

Soon^TM, for now only for Android.

[revelacaogr]

Monero Coffee Chat - 2017.11.04

Monero Coffee Chat featuring Riccardo "fluffypony" Spagni


https://www.youtube.com/watch?v=CoY60a_qhPg

[bitcrypto10101]

Monero Coffee Chat - 2017.11.04

Monero Coffee Chat featuring Riccardo "fluffypony" Spagni


https://www.youtube.com/watch?v=CoY60a_qhPg

Interesting. Thank you for info.

[Hueristic]

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/

This sounds fantastic!

[–]knaccc 15 points 10 hours ago*

StringCT is about ring signatures for referenced inputs, which is a different part of the Monero transaction than the ring signatures used in range proofs. Therefore bulletproofs can be used in Monero whether we stick with RingCT or upgrade to StringCT. By my calculations, bulletproofs will save a minimum of 2 * (6176 - (2 * log_2(52)+9) * 2 * 32) = 8588 bytes per Monero transaction. That's a pretty big deal, given that typical Monero transactions are currently about 13500 bytes in size.

It'd actually result in a much larger reduction than 8588 bytes because range proofs can be aggregated, but I've not yet figured out how to calculate it, since the paper says "O(log m) group elements" (Monero's group elements are 32 bytes each) and I've not read to the end of the paper yet to see if it gets more specific than that.

What kind of gains would we see ontop of that with the pruneing you have been working on? BTW, how is that going? I just don't have time to keep up anymore and even when I try I forget it anyway!

BTW just to temper expectations:

[–]smooth_xmrXMR Core Team 17 points 8 hours ago

Everyone should be aware (as u/ArticMine noted in a reply) that papers (unclear whether this one is even peer reviewed) and research directions very often do not pan out or otherwise turn out not to be practical for implementation. There is promise here and it is definitely being looked at but it is at a very early stage. It would be a very much a mistake to start beating the drums on "1 KB transactions tomorrow!" just yet.

[satellitestrop]

YEAAAH . i like it. 100% it will be hyped.

[Millionero]

Last time I tried to send from monerujo wallet, it didn't recognize the integrated address.
Not being able to send to integrated addresses is almost a deal killer, for me.  Sometimes you have no other option but to use an integrated address; some exchanges only provide integrated addresses for deposits, for example.
Is there a way to take an integrated address and break it down into an ordinary address and payment ID?

[Febo]

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 

If you have BTC then Monero is right now perfect fr you to buy. When highest was over 0.03 now is closer to 0.01 so 3 times cheaper.  You seems to had not missed anything since now and maybe few weeks more you will have best chance to still get cheap Moneroj.  But what may happen is this might be the last chance.