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

[Hueristic]

Will there be a Super Bowl betting pool like last year?

I'm down. Anyone else up for it? 1 XMR buy in?

You know I am

Whoever wants to set up something can, if I get a break from work I’ll create a thread for it.  Just to clarify... we are talking about squares, right?

Oh yeah the squares thing. Maybe like 0.05 per square then? Winner would get 5 XMR? That's correct?

That's right... honestly I don't even think .1 xmr/square is that unreasonable. That's like $5 a square. ¯\_(ツ)_/¯

I can copy and paste last year's square table and have a thread up by at least tomorrow.  If someone else feels froggy to go ahead and create something of the sort that's totally cool too

I feel like maybe I will have different luck if I don't host something this year, haha.

Edit: alright I created it https://bitcointalk.org/index.php?topic=5103532.msg49476986#msg49476986 

I don't gamble, its the devils work!

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[jwinterm]

y u do dis Hueristic?

[Foxy4321]

the blockchain should be protected by an artificial intellect. Are you thinking about the ASIC problem? Maybe you should protect yourself from corporations? need a blockchain with protection from mining plants and ASIC.

[Foxy4321]

it may be necessary to add 3D elements to the algorithm, because FPGA and ASIK cannot be used in 3D games for computers, maybe it is worth using this element for protection?

[Foxy4321]

a graphic element can transfer more information, you may need to make a graphic blockchain that will have ASIC stability, and at the same time the block will be able to accommodate much more transactions, which will make transactions infinitely cheap and fast

[florida.haunted]

WTF SHIT IN FURTHER PROGRESS

https://miningpoolstats.stream/monero

Total  Hashrate 621 MH/s, Known Pools 327 MH/s, Unknown 621 - 327 = 294 = 90% of Known Pools or 47% of Total (4% till probable 51% attack).

Let's implement CryptonightR and hard-fork immediately?
https://github.com/SChernykh/CryptonightR/

Price dropped to $43
https://www.monero.how

Honest miners are becoming bankrupts right now.

---

Exactly Year ago - ASICs were on the scene:
total hashrate was ~ 750 MH/s (250 Mh/s from ASICs or ~33% of Total hashrate)
https://bitinfocharts.com/comparison/monero-hashrate.html#1y
price was ~$300
https://bitinfocharts.com/comparison/monero-price.html#1y

[Chicken_76]

@florida.haunted: don't freak out dude, Monero had ASICs before. They were told to fork off, and they did.
Monero survived.
Now, if they're back, they will receive the same message. And again. And again. Until they give up, or they run out of money to develop and run this much hashing power.

[Hueristic]

y u do dis Hueristic?

I've seen the light.

[Hueristic]

it may be necessary to add 3D elements to the algorithm, because FPGA and ASIK cannot be used in 3D games for computers, maybe it is worth using this element for protection?

Polynomial algo, we were discussing that when we were talking about QC resistance.

[florida.haunted]

Polynomial algo, we were discussing that when we were talking about QC resistance.

Can we imagine an algo effective on both CPU and GPU, not effective on both FPGA/ASICs, such as it relies on some real-world data that can't be predicted?

if no, can we just fork 4 times a year, not 2?

[florida.haunted]

BRAKING NEWS
https://miningpoolstats.stream/monero

Total 662 MH/s Known Pools 320 MH/s, Unknown = 342 vs 320 Known.

> 51% UNKNOWN HASHRATE FOR THE FIRST TIME EVER

MONERO CORE DEVS WHERE ARE YOU?! YOU DID NOT SAY A WORD ON THIS.

(previous year ASIC hashrate was distributed among known pools mostly so we did not observe 51% unknown hashrate. and price was ~$300-400 instead of $43 now)

[Hueristic]

Polynomial algo, we were discussing that when we were talking about QC resistance.

Can we imagine an algo effective on both CPU and GPU, not effective on both FPGA/ASICs, such as it relies on some real-world data that can't be predicted?

if no, can we just fork 4 times a year, not 2?

The point is to produce an algo that asics cannot easily reproduce with small footprint chips and extensible chips are tougher to create as well as copywrite protected. I would imagine that those extensions are also not in the hybrid fpgas and therefore would not produce the exponential rate increase we see with them like we do now with the bottlenecks offloaded to the soc.

[kepas]

https://miningpoolstats.stream/monero
Network Hashrate  667.57 MH/s
Known Hashrate  328.09 MH/s

And Unknown Hashrate  339 MH/s (bitmain asics??)

Its more then 50% of Network Hashrate 

[dEBRUYNE]

Polynomial algo, we were discussing that when we were talking about QC resistance.

if no, can we just fork 4 times a year, not 2?

Not sustainable. The current protocol upgrade schedule is already barely sustainable.

[bitebits]

back to that chainalysis report, here's the upload
https://uploads-ssl.webflow.com/5a9360f88433cb00018022c2/5c4f67ee7deb5948e2941fda_Chainalysis%20January%202019%20Crypto%20Crime%20Report.pdf

https://twitter.com/nopara73/status/1090045503126102017
Just came in: 77% of the money from DNMs, goes directly to exchanges, no mixing used.

[GPUminerxmr]

BRAKING NEWS
https://miningpoolstats.stream/monero

Total 662 MH/s Known Pools 320 MH/s, Unknown = 342 vs 320 Known.

> 51% UNKNOWN HASHRATE FOR THE FIRST TIME EVER

MONERO CORE DEVS WHERE ARE YOU?! YOU DID NOT SAY A WORD ON THIS.

(previous year ASIC hashrate was distributed among known pools mostly so we did not observe 51% unknown hashrate. and price was ~$300-400 instead of $43 now)

I think it's the new bitstream Cryptonight V8 (monero) $ 9.04 @ 57.300H / s     Bittware CVP-13

[kepas]

Network Hashrate 685.30 MH/s
53.2% unknown

https://miningpoolstats.stream/monero

[florida.haunted]

https://miningpoolstats.stream/monero
Network Hashrate  667.57 MH/s
Known Hashrate  328.09 MH/s

And Unknown Hashrate  339 MH/s (bitmain asics??)

Its more then 50% of Network Hashrate  

Yes. They start to public Unknown Hashrate officially. There is no need to compute it by hand. Now "51.2% unknown".

Monero core devs, WAKE UP.

Weighted all pro and con I return to an idea of registering all pool signatures on the Monero blockchain. Ones pool mined a block, it should sign it by its signature. Other full nodes should verify in real time that a pool given Does meet some formal requirements to be publically available via http/https and performing regular payments. Each full node thus can calculate whether every single pool violates 51% or not. Unknown pools and pools with invalid signatures should be rejected from block confirmation process...

Now let's think more generalized. May be pool verification described above is not necessary. But can we imagine that we store some info on the blockchain that can vary the mining algo by unpredictable way? So only when yet another few blocks are added to totally confirmed (full process resides in a time window ~ 1 day), the new current mining algo is known?

Now let's focus out from info on blockchain at all. Can we imagine a formal way that mining algo must use some info from the real world? For example any true random generator or generators reside somewhere on the Internet?

UPDATED. This FPGA is our enemy:

http://squirrelsresearch.com/cvp-13/

It's NOT an ASIC. So onces mining algo changes, new FPGA circuit will be built in few days or weeks depending on mining algo complexity to be understood by human mind...

Human mind... May be to add some Deep Learning AI elements into mining algo?!

UPDATED 2.

AI networks are well known to be able to generate results with rich complicated internal structure. But AI generally can't explain or prove how it has obtained this result. May be AI should generate our miming algo? For example each day or each week or each month?

AI should be embedded into blockchain and/or full nodes thus...

[jwinterm]

^This is a terrible idea that completely centralizes the network. You can't avoid FPGAs or ASICs forever, they're just another form of computer, albeit a bit less generalized. You can't keep hard forking every six months forever, it introduces centralization and uncertainty in the network/protocol. At some point, hopefully soon, Monero will stop running from this issue and just switch to a proof of work that isn't a pita to verify on low end general purpose consumer hardware and live with FPGAs and/or ASICs.

[Kryptowerk]

Hey guys and gals, I created a limited Monero artwork poster with special gold colouring "Needs No Slogan - Privacy. Security. Fungibility."



Available here: https://bitcointalk.org/index.php?topic=5102596.0