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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667061 times)
LoveKamil
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March 24, 2018, 07:38:34 AM
 #37881

Hello everyone I want to share why I was attracted to the cryptocurrency Montero. All transactions were faster than in the Bitcoin network. The commissions were relatively small. That is, it was possible to buy quite quickly, and then also quickly sell coins on the stock exchange, if necessary. Without this component it is impossible normal earnings for me.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Hueristic
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March 24, 2018, 03:34:40 PM
 #37882

Do you guys predict the difficulty to fall after the hard fork?

Yes

Hello everyone I want to share why I was attracted to the cryptocurrency Montero. All transactions were faster than in the Bitcoin network. The commissions were relatively small. That is, it was possible to buy quite quickly, and then also quickly sell coins on the stock exchange, if necessary. Without this component it is impossible normal earnings for me.

Do you mean Monero? I seem to remember a shitcoin named Montero a year or 2 ago but after googleing it I can't find it and it looks like this is a common misspelling of MONERO. I wonder is there is a language that people associated montero with money and that is the reason? AFA the commisions being small, what are you talking about?


“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
legday
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March 24, 2018, 03:39:22 PM
 #37883

I could easily see monero go to 1000 USD.... it only makes sense... so much adoption allready for monero!
It is only coin out there that has adoption and actual use, not just speculation and hodl purposes.
Pitchipuff
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March 24, 2018, 03:42:50 PM
 #37884

Do you guys predict the difficulty to fall after the hard fork?

Yes

Hello everyone I want to share why I was attracted to the cryptocurrency Montero. All transactions were faster than in the Bitcoin network. The commissions were relatively small. That is, it was possible to buy quite quickly, and then also quickly sell coins on the stock exchange, if necessary. Without this component it is impossible normal earnings for me.

Do you mean Monero? I seem to remember a shitcoin named Montero a year or 2 ago but after googleing it I can't find it and it looks like this is a common misspelling of MONERO. I wonder is there is a language that people associated montero with money and that is the reason? AFA the commisions being small, what are you talking about?


really montero?this is my first time to read or to saw the name of cryptocurrency are you really sure about that?this the project not about the name of crypto make sure you read your qoute or reply before you send it..
sherenikaw
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March 24, 2018, 03:48:30 PM
 #37885

A very significant reference to validate the Monero ulinkability and untavalability statements. very helpful Monero supported by academic research and cryptography.

HASHBON ROCKET
CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
TOKENS FOR BITCOINTALK USERS FOR SIGNATURES! ANN TREAD ! WHITEPAPER ! LITEPAPER !
Dart315
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March 24, 2018, 07:40:34 PM
 #37886

I could easily see monero go to 1000 USD.... it only makes sense... so much adoption allready for monero!

Adoption, but where? Expand your opinion, please.
Hueristic
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March 24, 2018, 11:24:06 PM
 #37887

Do you guys predict the difficulty to fall after the hard fork?

Yes

Hello everyone I want to share why I was attracted to the cryptocurrency Montero. All transactions were faster than in the Bitcoin network. The commissions were relatively small. That is, it was possible to buy quite quickly, and then also quickly sell coins on the stock exchange, if necessary. Without this component it is impossible normal earnings for me.

Do you mean Monero? I seem to remember a shitcoin named Montero a year or 2 ago but after googleing it I can't find it and it looks like this is a common misspelling of MONERO. I wonder is there is a language that people associated montero with money and that is the reason? AFA the commisions being small, what are you talking about?


really montero?this is my first time to read or to saw the name of cryptocurrency are you really sure about that?this the project not about the name of crypto make sure you read your qoute or reply before you send it..

Anyone want to take a stab at translating this to a coherent thought?
I think he may be replying to the person I quoted, well thats my guess anyway.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Easteregg69
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March 24, 2018, 11:26:59 PM
 #37888

I got the smallest Monero contract on genesis..

1 h/s. or 60.. You may laugh.

Throw some "shit" and see what sticks.
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March 25, 2018, 12:27:55 AM
 #37889


1. I really haven't gotten the chance to explore yet but are the devs of popular mining software getting a head start on the new algo and have already released or are in the process of releasing appropriate versions in time for the HF?

2. Also, wouldn't the network be in a vulnerable state since there will be a "theoretical" (though not actual) zero network hash rate at some instance during the transition since not every miner will be switching to the new PoW at the same time; more like gradually ramping up towards whatever the highest network hash rate will be?



[1] The PoW tweak is already finalized (and merged). As a result, the mining software devs were able to start working on the new version of their miners.

[2] See: https://www.reddit.com/r/Monero/comments/86iux3/question_regarding_the_network_strength_on_the/


#2 The new software is backwards compatible, so you can run it as soon as its released, it may/will/probably take longer than 2 minutes to find a block after the switch due to a lower hashrate but the network will adjust itself after a certain amount of time
 (my 2 cents)  Roll Eyes

Thanks!

LoveKamil
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March 25, 2018, 12:14:34 PM
 #37890

Hello everyone! many say that Monero is Considered the top 1 in terms of anonymity, if you do not dive into the subtleties of what kind of Princip it works in terms of anonymity?
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March 25, 2018, 12:52:56 PM
 #37891

Hello everyone! many say that Monero is Considered the top 1 in terms of anonymity, if you do not dive into the subtleties of what kind of Princip it works in terms of anonymity?

https://www.youtube.com/channel/UCnjUpT9gGxyQ_lud7uKoTCg

masstahcoiner
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March 25, 2018, 07:03:59 PM
 #37892

What is difficulty now?


Specifications

PoW algorithm: CryptoNight [1]
Max supply: Infinite (see note below) [2]
Block reward: Smoothly varying [3]
Block time: 120 seconds
Difficulty: Retargets at every block
misterbigg
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March 25, 2018, 08:01:35 PM
 #37893

Monero forks every 6 month, this fork will kill asci miners, Next fork is on 5 or 6th April
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March 26, 2018, 03:52:02 AM
 #37894

What is difficulty now?


Specifications

PoW algorithm: CryptoNight [1]
Max supply: Infinite (see note below) [2]
Block reward: Smoothly varying [3]
Block time: 120 seconds
Difficulty: Retargets at every block
Yeah, thanks for the information, but I don't think that you should post such a boring thread. Everyone who join the crypto-ecosystem know how to get that sort of very basic information. So you don't have to do this.
This kind of post only shows your face off. What a shitty Senior member! That's also why Theymos launch merit system to prevent spamming users to rank up to Hero / Ledgendary.
Your history also shows more interesting things but I don't want to present it here. I checked it simply because I am a little bit curious after reading your thread. Someone will do something, not me, so you don't have to worry about me.
Good luck, my man.

elrippos friend
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March 26, 2018, 05:06:11 AM
 #37895

Monero forks every 6 month, this fork will kill asci miners, Next fork is on 5 or 6th April

Do you mean asci or asic miners? I personally just am aware of asic miners  Grin Wink

Hueristic
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March 26, 2018, 06:06:09 AM
Last edit: March 26, 2018, 05:47:15 PM by Hueristic
 #37896

Monero forks every 6 month, this fork will kill asci miners, Next fork is on 5 or 6th April

Do you mean asci or asic miners? I personally just am aware of asic miners  Grin Wink

ASCII Miner Cheesy




https://en.wikipedia.org/wiki/ASCII_art

Edit, Found a better one.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Globb0
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March 26, 2018, 09:02:10 AM
 #37897

dEBRUYNE
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March 26, 2018, 09:41:22 AM
Merited by notbatman (1)
 #37898

"XMR-Stak 2.3.0 - The PoWs They Are a-Changin' - released!"

https://www.reddit.com/r/Monero/comments/874ovk/xmrstak_230_the_pows_they_are_achangin_released/

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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March 26, 2018, 04:13:39 PM
 #37899

It is fascinating that this thread is to nearly 2000 pages and yet is not considered the go-to place for monero news/updates.  So, I guess this is all grain-of-salt territory.  But I digress...

The point of this post isn't for FUD although it may seem as such.  I've been into XMR since 2014 but don't currently HODL any real position.  I would but am more of a new coin enthusiast and just fascinated with all the opportunity exploding in the cryptocurrency world. 

I think it is important to acknowledge the good work of Monero devs to continue ASIC resistance.  This is really a good thing.  However... yes, here it comes... I can't help but also acknowledge the ongoing risks with such a reality.  This new frontier of ever-changing algorithms will be interesting.  Very interesting to say the very least.  Let's consider:

1.  The algo change has been pushed back to June.  Meanwhile, ASIC miners equating to 200 conventional miners have hit the streets costing 1/200 the cost of a conventional miner and consuming even less energy. 

2.  It will be interesting to watch the price movement in the next few months as we await the algo change.  Will people wisely HODL their ASIC mined Monero or will they dump to ROI?  Maybe both.

3.  And this is where I'll stop my brainstorm... Security.  We are already pushed back several months for development concerns of changing the XMR algorithm.  Now, will this happen again in the future?  Will we have to endure further security risks inherent with more algorithm changes?  Will the new algorithm be better?  Will it be worse?  Why?

Hmmm... that last piece is the one that really has me concerned.  And to assign blame, yes... I would look at ASIC producers.  However, it developers also have to be prepared for this reality.

..EPICENTRAL .....
..EPIC: Epic Private Internet Cash..
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jackmuu
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March 26, 2018, 04:18:59 PM
 #37900

Monero is going to war against big miners:

https://bestcrypto.tv/216/top-10-altcoins-for-2018/
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