Globb0
Legendary
Offline
Activity: 2702
Merit: 2053
Free spirit
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December 15, 2017, 02:43:06 PM |
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Bulletproofs sound awesome.
I'm glad we aren't having to wait a year before we can get something implemented.
The transaction reduction will be a good selling point.
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xs.over
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December 15, 2017, 03:55:13 PM |
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Fckng shit. Diff is skyrocketing again. Fckng 50M. From where are comes these hashing power
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Millionero
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December 15, 2017, 04:17:54 PM |
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snip
If you're going to copy-paste a news story, at least provide a link. And make clear what you're quoting. Common practice is to format the quoted matter in italic text.
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Aby Normal
Jr. Member
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Activity: 48
Merit: 2
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December 15, 2017, 04:22:02 PM |
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Check out this fresh video from Andreas Antonopoulos, looks like Monero is going to do really well in 2018 https://youtu.be/cO2UOhGEC_A?t=1070
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digitalbarter
Member
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Activity: 131
Merit: 26
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December 15, 2017, 04:59:40 PM |
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Monero IS A FAIL currency which focuses on anonymity which a common person doesn't actually needs such anonymity there is nothing special all the coins offers anonymity this is just a nothing but a scam which monero users are making a hype towards it... This coin is just meant for criminals who wishes this sort of anonymity what you gonna do with such anonymity wack your butt in hell?
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garytheasshole
Full Member
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Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
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December 15, 2017, 05:16:53 PM |
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Monero IS A FAIL currency which focuses on anonymity which a common person doesn't actually needs such anonymity there is nothing special all the coins offers anonymity this is just a nothing but a scam which monero users are making a hype towards it... This coin is just meant for criminals who wishes this sort of anonymity what you gonna do with such anonymity wack your butt in hell?
Real constructive criticism right here you guys, dump your moneros buy something transparent, transparency is the future! What should I buy instead digitalbarter? What fine technology are you shilling today?
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Isaaq.Almaguer
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December 15, 2017, 05:22:44 PM |
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Monero IS A FAIL currency which focuses on anonymity which a common person doesn't actually needs such anonymity there is nothing special all the coins offers anonymity this is just a nothing but a scam which monero users are making a hype towards it... This coin is just meant for criminals who wishes this sort of anonymity what you gonna do with such anonymity wack your butt in hell?
lol, do you know what the word scam means?
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wizzard0
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December 15, 2017, 05:46:49 PM |
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not sure this is the best place to ask, but... how long does monero full node currently take to sync? (given a SSD)
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garytheasshole
Full Member
Offline
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
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December 15, 2017, 05:58:32 PM |
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not sure this is the best place to ask, but... how long does monero full node currently take to sync? (given a SSD)
About a day, maybe less if you have a beefy CPU and decent bandwidth
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ignitiondefect
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December 15, 2017, 06:01:57 PM |
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I'm interested in Monero and love the concept but someone I respect objects to it for the following reasons:
- it uses eliptic curve cryptography, which is known to be a method of choice when the NSA wants you to use something they can break and others can't
- ECC can trivially be broken by a quantum computer
- It uses many constants in the crypto that aren't "nothing up my sleeve numbers”. This is one of the main ways to make crypto breakable by only the organization who chose the constants.
- the constants were created by an author that only goes by a pseudonym
- NSA has recently started trying to move federal systems away from ECC, ie they are likely aware of a weakness in it that may soon be exploitable by others
Can anyone please address these concerns? Thanks in advance.
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garytheasshole
Full Member
Offline
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
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December 15, 2017, 06:15:11 PM |
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I'm interested in Monero and love the concept but someone I respect objects to it for the following reasons:
- it uses eliptic curve cryptography, which is known to be a method of choice when the NSA wants you to use something they can break and others can't
- ECC can trivially be broken by a quantum computer
- It uses many constants in the crypto that aren't "nothing up my sleeve numbers”. This is one of the main ways to make crypto breakable by only the organization who chose the constants.
- the constants were created by an author that only goes by a pseudonym
- NSA has recently started trying to move federal systems away from ECC, ie they are likely aware of a weakness in it that may soon be exploitable by others
Can anyone please address these concerns? Thanks in advance.
I'm no expert but as far as I know elliptic curve cryptography is used in pretty much most pub/priv key implementations for far more important stuff than Monero. If it's broken we'd be in a whole lot of trouble and Monero would be least of our concern. If you can figure out an attack vector you're free to collect a hefty bounty. To my knowledge quantum computers do not exist and the fundamentals of quantum computing are still unknown.
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ignitiondefect
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December 15, 2017, 06:31:55 PM |
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Why does Dash have a higher market cap than Monero? It seems like an inferior solution that's much less elegant. Masternodes seem vulnerable and you have to take action to send Dash anonymously. Also, isn't Monero more widely used in commerce?
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garytheasshole
Full Member
Offline
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
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December 15, 2017, 06:36:05 PM |
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Why does Dash have a higher market cap than Monero? It seems like an inferior solution that's much less elegant. Masternodes seem vulnerable and you have to take action to send Dash anonymously. Also, isn't Monero more widely used in commerce?
You pretty much answered your own question, masternodes freeze large portion of the coins which increases scarcity.
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Tropwal
Newbie
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Activity: 126
Merit: 0
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December 15, 2017, 06:37:48 PM |
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Just bought some monero,i hope im not too late to make some money.
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Millionero
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December 15, 2017, 09:28:28 PM |
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Just bought some monero,i hope im not too late to make some money.
What's your horizon?
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explorer
Legendary
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Activity: 2016
Merit: 1259
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December 15, 2017, 09:46:18 PM |
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Thanks You sir are a dedicated individual. Yes, one of many, I know, but visible everywhere. Your tireless efforts on many fronts over the years are greatly appreciated. Cheers!
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BreadandButter
Member
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Activity: 126
Merit: 10
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December 15, 2017, 09:48:19 PM |
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I just started mining monero few days back...lets see how much profit I will be in
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vertigo
Newbie
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Activity: 41
Merit: 0
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December 15, 2017, 09:52:28 PM |
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I just started mining monero few days back...lets see how much profit I will be in Hi BreadandButter, which hardware are you using?
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AdamT
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December 15, 2017, 11:59:14 PM |
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I'd like to dip/anonymize my BTC holdings into Monero and then right back again to fresh BTC addresses into long-term cold storage no one can track from previous BTC addresses on the blockchain. I don't have a lot of experience with Monero and am wondering the best practices in doing this.
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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December 16, 2017, 12:08:24 AM |
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I'd like to dip/anonymize my BTC holdings into Monero and then right back again to fresh BTC addresses into long-term cold storage no one can track from previous BTC addresses on the blockchain. I don't have a lot of experience with Monero and am wondering the best practices in doing this.
Seems like washing your car in a dust storm, but you could do something like this: Deposit BTC to a high enough volume exchange that supports Monero. Transfer Monero to alternate exchange (or just trade back on first exchange, if you are not sufficiently paranoid), withdraw BTC to chosen wallets. Repeat each time you do a BTC transaction. Or just use Monero. You will eventually, so just get ahead of the curve.
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