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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4554205 times)
Jungian
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November 04, 2014, 09:29:25 PM
 #16621

It's here guys  Shocked

https://bitcointalk.org/index.php?topic=846378.new#new

Maybe now we can start to get a better picture on how the market will weigh different privacy applications in cryptocurrency?



What's here? Another scam pump and dump? Oh yeah!

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
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BanditryAndLoot
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November 04, 2014, 09:32:28 PM
Last edit: November 04, 2014, 10:31:59 PM by BanditryAndLoot
 #16622

It's here guys  Shocked

What's here?

Zerocoin is old technology that was considered and rejected by the cryptocurrency community. The proofs are too large and too slow.

Zerocash is more interesting but is not here.



True, I would rather see a working zerocash implementation.

Admittedly though, I'd rather read about a Zerocoin implementation struggling to make it rather than adderrall, bitreplica, or whatever else made it to my grey list just today and every single day lol.

Just the choices that are here for me to see right now.

I guess that zerocoin now has two(?) potential applicationsimplementations in cryptocurrencies just means that zerocash is likely getting that much closer.

Hm, apparently you're not allowed to ask questions on their thread..?

And it's only at the end of fall, that we discover it was naught but the wind that knew when one particular leaf was to fall from one particular tree, only to land in one distinct spot .. to be left for an eternity, and waste its time in a wait sublime. C0A2A1C4
dewdeded
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November 05, 2014, 12:05:57 AM
 #16623

I think that we have to do 3 things first

+ GUI: better usability shows that XMR tech is mature and easy for mass market (== user adoption == liquidity)
+ Database: amount of memory required for XMR wallet is not trivial any more
+ Multi-signature: some deep web merchants may need it to protect their buyers
Confirmed. These things are requirements.

Admins of the big relevant dark markets are very conservative vs. new technology and OpSec.
They wont introduce a coin that is still developed and unproven ATM like XMR, Dark, etc.

Darkcoin is in no lead regards dark market acceptance. From what I heard and read, all influencing and respected Dark Market community members (like gwern, Blackopy, mdparity, TMPSchultz ...) are either 100%  undecided (and prefer to wait to see which coin is gonna fly) or slightly prefering Cryptonote-technology.

If and only if Monero can prove to add real benefit to Dark Market business, Monero will get accepted at the major leading Dark Markets.
The coin with the best technology will win this race to Dark Market dominance. Agressive marketing or a well-known brand (like Darkcoin) wont.
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November 05, 2014, 12:31:42 AM
 #16624

Quote
The coin with the best technology will win this race to Dark Market dominance. Agressive marketing or a well-known brand (like Darkcoin) wont.

i feel so too. Most vendors specially in tech dark markets have very strong technological knowhow and are also very conservative with security.


BUT this does not mean the race is over, its far from over. we slip down further everyday, the dumping still seems to be endless..

Agree on the dumping part, looks familiar to the random 1k btc dumps we had. Someone just keeps dumping 10-20k while prices were never this low.. Maybe some big guys who bought before exchanges and wants out. We will never know for sure.

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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November 05, 2014, 12:39:34 AM
 #16625

i dont understand the selling, even as professional pump&dumper or manipulative investor there should be better ways to profit much bigger from XMR hard facts like: hype/great image/solid tech/devs/...


i dont know, but bottom should be reached very soon, cant go much lower to make sense for devs and everybody to stay involved

i dont understand why there are not big buyers (rich BTC kids) supporting like in so many shit-altcoins or other senseless projects

the price is sick, on the other hand I use to buy to buy more (big leverage vs. $5 XMR was)
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November 05, 2014, 12:54:13 AM
 #16626

i dont understand the selling, even as professional pump&dumper or manipulative investor there should be better ways to profit much bigger from XMR hard facts like: hype/great image/solid tech/devs/...


i dont know, but bottom should be reached very soon, cant go much lower to make sense for devs and everybody to stay involved

i dont understand why there are not big buyers (rich BTC kids) supporting like in so many shit-altcoins or other senseless projects

the price is sick, on the other hand I use to buy to buy more (big leverage vs. $5 XMR was)

I think the problem is the accumulators of the coin feel much poorer with btc at 330 vs 450.  My guess is that many of them are moving significant sums into fiat out of fear.

The general consensus seems to me people are thinking btc is going to the 200 range & maybe lower.  If that's the case it doesn't make sense to invest. I expected rptellia to go backwards on putting a 100btc buywall.

Also the emission curve. .
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November 05, 2014, 12:57:51 AM
 #16627

I think the problem is the accumulators of the coin feel much poorer with btc at 330 vs 450.  My guess is that many of them are moving significant sums into fiat out of fear.

The general consensus seems to me people are thinking btc is going to the 200 range & maybe lower.  If that's the case it doesn't make sense to invest. I expected rptellia to go backwards on putting a 100btc buywall.
its still very noteworthy and to me strange that XMR is getting so less support, so many very, very bad coins and crypto-related projects or out right scams got overfunded (with xx000 BTC)

XMR on the other side, has real strong fundamentals and solid potential and is getting no support, mad world IHMO
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November 05, 2014, 01:34:30 AM
 #16628

I think the problem is the accumulators of the coin feel much poorer with btc at 330 vs 450.  My guess is that many of them are moving significant sums into fiat out of fear.

The general consensus seems to me people are thinking btc is going to the 200 range & maybe lower.  If that's the case it doesn't make sense to invest. I expected rptellia to go backwards on putting a 100btc buywall.
its still very noteworthy and to me strange that XMR is getting so less support, so many very, very bad coins and crypto-related projects or out right scams got overfunded (with xx000 BTC)

XMR on the other side, has real strong fundamentals and solid potential and is getting no support, mad world IHMO

why do you think it gets no support? it is still around ~12th place on coinmarketcap. and you can even assume that a distribution which is fair is leading to higher pressure on the sell side in a downswing.

the inflation is sick high and the visible part of the development is slow

I still say it is the project with the highest expected value long term.
smooth
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November 05, 2014, 01:39:56 AM
 #16629

think the problem is the accumulators of the coin feel much poorer with btc at 330 vs 450.  My guess is that many of them are moving significant sums into fiat out of fear.

That is a lot of it. Even if not moving to fiat, reducing and staying away from riskier positions.

Take a look at the entire table on https://bitcoinwisdom.com/. Pay particular attention to to 30-day change numbers. This even includes coins with minimal emissions/inflation or PoS (no mining at all). We are very much in line with the market, which tells me that most of the XMR-specific explanations are likely overdone or incorrect.
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November 05, 2014, 02:33:59 AM
 #16630

what is happening?

http://chainradar.com/xmr/block/291081

why so low fees?

There is some miner running an old version of the node, so they will occasionally pick up transactions created with old versions of the wallet.

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November 05, 2014, 10:37:15 AM
 #16631

what is happening?

http://chainradar.com/xmr/block/291081

why so low fees?

There is some miner running an old version of the node, so they will occasionally pick up transactions created with old versions of the wallet.


Are these miner using the old wallet? What is the old version of the node? If the transaction is created with new versions of the wallet, will this 0.01 fee happen with the miner using old node?

When you implement a new fee regime, do you need to hard fork can say that from  block height X, new fee should be applied?
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November 05, 2014, 11:53:01 AM
 #16632


Are these miner using the old wallet? What is the old version of the node? If the transaction is created with new versions of the wallet, will this 0.01 fee happen with the miner using old node?

When you implement a new fee regime, do you need to hard fork can say that from  block height X, new fee should be applied?

If I understand it correctly, the stated amount (0.1 new vs 0.01 old ) is the minimum fee. So the older version miner accepts all transactions above the minimum. 0.1 and 0.01 alike.

Maybe there will be some hiccups when the transition is made to the per-KB based fees.

Question:
An hypothetically rejected transaction rejected by an old version node is eventually picked up by a current version one, right?

|| Monero Blocks - The Monero Block Explorerdonate.moneroblocks.info ||
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November 05, 2014, 04:09:07 PM
 #16633

Did I miss the missive?
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November 05, 2014, 04:21:32 PM
Last edit: November 05, 2014, 04:40:16 PM by smooth
 #16634

An hypothetically rejected transaction rejected by an old version node is eventually picked up by a current version one, right?

Yes that is how it works. What happens is you first submit the transaction to your own node (daemon), which accepts it because it is the same version as your wallet. Your node tries to forward it to other nodes.

Then three other things will need to happen:

1. Your node will need to connect to one or more nodes willing to accept your transaction

2. Your transaction will need to get forwarded to a miner willing to mine it

3. The miner will need to successfully find a block including your transaction.

Initially this should not be a problem since there always seem to be some fraction of nodes and miners who don't upgrade right away, but over time it will become slower and less likely to work at all (there is a 24 hour time limit). That is how it worked out when the change to 0.1 fee was made.
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November 05, 2014, 05:11:22 PM
 #16635

How about calling it 'Weekly Missives' cause the team is clearly unable to deliver 'monday missives' on monday.

"and i base my assumptions on absolutely nothing"
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November 05, 2014, 05:13:57 PM
 #16636

i agree, we need marketing soon. but slides and everything needed can already be produced now  Wink
i too feel this will be really huge. the tech is superior, dev team is honest, community is grown up and coin is fair.

I think that we have to do 3 things first

+ GUI: better usability shows that XMR tech is mature and easy for mass market (== user adoption == liquidity)
+ Database: amount of memory required for XMR wallet is not trivial any more
+ Multi-signature: some deep web merchants may need it to protect their buyers
The first two is being addressed.

Multisig is being addressed too, but we plan to do it so that signature sizes remain the same.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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November 05, 2014, 05:31:03 PM
Last edit: November 05, 2014, 06:20:35 PM by nioc
 #16637

How about calling it 'Weekly Missives' cause the team is clearly unable to deliver 'monday missives' on monday.

I believe it already was but people never knew when during the week it would be released hence the increase in the alteration.  Then again it didn't stay on a weekly schedule.

Development doesn't seem to run on a predetermined schedule and announcements aren't being given without any news.  Therefore may I suggest to either stay on schedule and give whatever news there is to give including possible timelines on immediate work or go back to only giving news when there is news and leave everybody to wonder when there might be news.

If you don't know where you're going any road will get you there
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November 05, 2014, 06:21:40 PM
 #16638

...
Therefore may I suggest to either stay on schedule and give whatever news there is to give including possible timelines on immediate work or go back to only giving news when there is news and leave everybody to wonder when there might be news.



OK I edited it.  Any better?

If you don't know where you're going any road will get you there
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November 05, 2014, 06:32:16 PM
 #16639

I accidentially pasted one of my XMR addresses in the google search bar and the following pastebin came up:

http://pastebin.com/LEhABQcu

Just out of curiosity: Could someone in the know tell me what it shows and why my address would show up there?

I only use it for mining.

Thanks

Die Würde des Menschen ist unantastbar
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November 05, 2014, 06:35:57 PM
 #16640

I accidentially pasted one of my XMR addresses in the google search bar and the following pastebin came up:

http://pastebin.com/LEhABQcu

Just out of curiosity: Could someone in the know tell me what it shows and why my address would show up there?

I only use it for mining.

Thanks

my guess: your pool op made a pastebin of a connection error to show it to someone Wink

transfer 3 onemorebtc.k1024.de 1
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