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

[samaricanin]

MoneroForum.org up and running!!!

Please check it out guys and get involved. I know its hard early on when we dont have network effects, but the only way to generate network effects is to get in there and start talking even when there arnt very many people listening. I may do a promotion a little later to help bootstrap the forum.

just correct address

https://moneroforum.org/index.php

[darkota]

cryptsy makes no sense. they accept all those shit/scamcoins, but havent added monero yet. Im done using that exchange until they do, onto Poloniex!

[r05]

cryptsy makes no sense. they accept all those shit/scamcoins, but havent added monero yet. Im done using that exchange until they do, onto Poloniex!

Been with Polo since day 0, back in the days of Vert and CACHe. I've never once had reason to move away from them, they are fantastic. Would highly recommend them.

[cAPSLOCK]

cryptsy makes no sense. they accept all those shit/scamcoins, but havent added monero yet. Im done using that exchange until they do, onto Poloniex!

You may have to wait for poloniex dns to propagate, but imho Poloniex>Cryptsy by a wide margin.

[dbzenhosting]

Cryptsy Is done with, Worst exchange.

[Anon136]

Giving away 0.1 XMR to anyone who makes 10 quality posts on Moneroforum.org

Yes its totally subjective and I will be the judge

[Amph]

what it mean on dwarf "Confirmed but still not on balance", why they are not on balance?

[annonymous]

new pool
cryptmonero.com

[Anon136]

has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

or if they are just blowing smoke.

[5w00p]

has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

or if they are just blowing smoke.

POS is POS (piece of shit)

[Anon136]

has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

or if they are just blowing smoke.

POS is POS (piece of shit)

Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive. But thats not the point. The question is whether this proof of stake "thing" they have invented actually provides anonymity. I doubt it highly.

[Polycoin]

has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

or if they are just blowing smoke.

POS is POS (piece of shit)

Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive.

PoS is far from an ideal solution. Vericoin got 51% attacked easy as fuck too...

Mining centralization is the natural order of things, only a small few get the most because they put forward the most. If everyone in the world got an equal supply of money like in PoS, the whole economy would be in chaos, PoS coins arent currencies, theyre more like games...or entertainment shit.

[sammy007]

has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

or if they are just blowing smoke.

POS is POS (piece of shit)

Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive. But thats not the point. The question is whether this proof of stake "thing" they have invented actually provides anonymity. I doubt it highly.

Proof of stake is not secure pump & dump feature used by a lot of scam/shit coins to reduce sell pressure.

[Anon136]

has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

or if they are just blowing smoke.

POS is POS (piece of shit)

Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive.

PoS is far from an ideal solution. Vericoin got 51% attacked easy as fuck too...

Mining centralization is the natural order of things, only a small few get the most because they put forward the most. If everyone in the world got an equal supply of money like in PoS, the whole economy would be in chaos, PoS coins arent currencies, theyre more like games...or entertainment shit.

You can use proof of work to distribute the stake and then proof of stake to secure the network you know. If proof of work is a solution to the problem of stake centralization, it can be used to solve the problem in a proof of stake system. If proof of work is not a solution to that problem than what are we even talking about.

[sammy007]

what it mean on dwarf "Confirmed but still not on balance", why they are not on balance?

I suspect a payouts nature. IIRC you can't send batch payout with payment ids (please correct me if I am wrong). After a number of small payouts whole balance is locked and you have to wait for unlock. Then show repeats.

[Polycoin]

has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

or if they are just blowing smoke.

POS is POS (piece of shit)

Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive.

PoS is far from an ideal solution. Vericoin got 51% attacked easy as fuck too...

Mining centralization is the natural order of things, only a small few get the most because they put forward the most. If everyone in the world got an equal supply of money like in PoS, the whole economy would be in chaos, PoS coins arent currencies, theyre more like games...or entertainment shit.

You can use proof of work to distribute the stake and then proof of stake to secure the network you know. If proof of work is a solution to the problem of stake centralization, it can be used to solve the problem in a proof of stake system. If proof of work is not a solution to that problem than what are we even talking about.

I was talking about full, 100% PoS coins and how theyre shit. But, I guess PoW to distribute the coins, then PoS to secure the network, is a good idea...

[Anon136]

has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

or if they are just blowing smoke.

POS is POS (piece of shit)

Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive.

PoS is far from an ideal solution. Vericoin got 51% attacked easy as fuck too...

Mining centralization is the natural order of things, only a small few get the most because they put forward the most. If everyone in the world got an equal supply of money like in PoS, the whole economy would be in chaos, PoS coins arent currencies, theyre more like games...or entertainment shit.

You can use proof of work to distribute the stake and then proof of stake to secure the network you know. If proof of work is a solution to the problem of stake centralization, it can be used to solve the problem in a proof of stake system. If proof of work is not a solution to that problem than what are we even talking about.

I was talking about full, 100% PoS coins and how theyre shit. But, I guess PoW to distribute the coins, then PoS to secure the network, is a good idea...

Yea I totally understand your concern. Im involved in nxt because there is some amazing technology there and amazing people working to make it even better, but I would be lying if I said that wasn't a huge concern for me.

[devphp]

Fortunately, miners are only 0.00001% of the population. The rest have to buy coins, and they don't have a concern if it's PoW or PoS as long as it does what they need it to.

[Anon136]

Fortunately, miners are only 0.00001% of the population. The rest have to buy coins, and they don't have a concern if it's PoW or PoS as long as it does what they need it to.

As long as a miner is making a profit than he isnt paying for that security. And if he is making a loss than he is only paying for the difference between the amount he is making and what he needs to make in order to generate a profit. Its users who pay the cost associated with mining through transaction fees and inflation. A POS system that is comparable to a POW system in other ways, all things being equal, will have less inflation and or less fees. This is something they would be concerned with. Or not concerned as much as they would just make the rational choice to switch to the cheaper network.

[smooth]

A POS system that is comparable to a POW system in other ways, all things being equal

No one has demonstrated that in a way that has convinced the community of disinterested domain experts that their scheme is sound.

I agree "it would be nice" if you could do something that was distributed, trustless and highly energy efficient, but right now that is unicorn cryptography.