[BMR] Merged mining in BitMonero (proposal)

[BitRock]

Just for everyone to be sure,

if you retrieved the source code from github lately and compiled it, you are automatically voting for merged mining.  You can tell by looking at cryptonote_config.h in /src/

SUPPORT merged mining:

Code:

#define CURRENT_BLOCK_MINOR_VERSION                     1

AGAINST merged mining:

Code:

#define CURRENT_BLOCK_MINOR_VERSION                     0

That's right. Results will be calculated starting from the moment an explicit voting option will be provided.

How will the votes be calculated? By the hash power or by number of miner?

[surfer43]

I oppose merged mining.

[knightcoin]

I already set it 0 but cant compile the code .. sounds like loopless programming ...

[madzooka]

https://bitcointalk.org/index.php?topic=582670.0

Seems we have a bifurcation point now as There are two proposed protocol changes

Being asked to express my opinion, IMO that MM has either good and bad perspective cause as long as we discuss it the diff in BCN is growing and chance to MM is disappearing. I believe, MM is better choice as no wonder but mining two coins at the same time (even with less reward) is a way of hedging.

As for second possible change, I wrote my view on the relevant thread  - https://bitcointalk.org/index.php?topic=585480.0

[smooth]

diff in BCN is growing and chance to MM is disappearing.

I don't understand why the chance is disappearing. It could always be added later, right?

Namecoin was around for quite a while before it was merge mined with bitcoin, much more than a week or two.

I don't see any urgency at all.

[GreedyBoy]

Agree with smooth, there is no need to hurry up with such important decisions.
Nice to see TFT care about our opinions.

Excuse me, didn't get it how exactly votes would be implemented?

btw, wanted to vote for bitmonero at comkort.com but couldn't find it 

[pwrz]

I am not in favour of merged mining.

[JPSelzer]

But you will gain the reward from both chains, aren’t you?  I don’t understand it fully but from my side mining 2 chains is better than mining 1. Even if the difficulty is going up.

So, currently I support MM implementation.

I think, it’s a good idea. BCN has fairly stable exchange rate, moreover we solve 2 problems. First is the fear of closed community and the second one is the fear of new coin with untrusted (now) algorithm (MRO has no normal course or clear system of work).

It’s no difference for our computing power to receive MRO or MRO + BCN. Don’t forget, that we are talking about money and this option will brings a real benefit for us. So, why should we abandon this function?

And if the problem is in "policy" and developers disagreements, then why miners have to suffer?

how come BCN has a fairly stable exchange rate? It is not listed anywhere. There are buy orders listed on the thread that noone actually responds. BCN preminers just seem to unloading the premine...

As for the difference read the whole thread. IF we merge mine we MUST also mine BCN. And with all that premine BCN is useless...

I traded BCN, smooth traded BCN and more... Exchange thread is active https://bitcointalk.org/index.php?topic=531925.180. It's mine that BCN has fairly stable exchange rate IMO.

Everyone doesn't use original arguments, of course.

[Patron92]

But you will gain the reward from both chains, aren’t you?  I don’t understand it fully but from my side mining 2 chains is better than mining 1. Even if the difficulty is going up.

So, currently I support MM implementation.

I think, it’s a good idea. BCN has fairly stable exchange rate, moreover we solve 2 problems. First is the fear of closed community and the second one is the fear of new coin with untrusted (now) algorithm (MRO has no normal course or clear system of work).

It’s no difference for our computing power to receive MRO or MRO + BCN. Don’t forget, that we are talking about money and this option will brings a real benefit for us. So, why should we abandon this function?

And if the problem is in "policy" and developers disagreements, then why miners have to suffer?

how come BCN has a fairly stable exchange rate? It is not listed anywhere. There are buy orders listed on the thread that noone actually responds. BCN preminers just seem to unloading the premine...

As for the difference read the whole thread. IF we merge mine we MUST also mine BCN. And with all that premine BCN is useless...

I traded BCN, smooth traded BCN and more... Exchange thread is active https://bitcointalk.org/index.php?topic=531925.180. It's mine that BCN has fairly stable exchange rate IMO.

Everyone doesn't use original arguments, of course.

Indeed, we build an opinion on its own philosophy and put different things in priority.
IMO, trading activity confirm Bytecoin to be stable.

btw, BCN was not premined, that's the conclusion I recently came too.
No doubt it's better to blame 'premining' on the fact that you're too late to join mining it.

[GreekBitcoin]

But you will gain the reward from both chains, aren’t you?  I don’t understand it fully but from my side mining 2 chains is better than mining 1. Even if the difficulty is going up.

So, currently I support MM implementation.

I think, it’s a good idea. BCN has fairly stable exchange rate, moreover we solve 2 problems. First is the fear of closed community and the second one is the fear of new coin with untrusted (now) algorithm (MRO has no normal course or clear system of work).

It’s no difference for our computing power to receive MRO or MRO + BCN. Don’t forget, that we are talking about money and this option will brings a real benefit for us. So, why should we abandon this function?

And if the problem is in "policy" and developers disagreements, then why miners have to suffer?

how come BCN has a fairly stable exchange rate? It is not listed anywhere. There are buy orders listed on the thread that noone actually responds. BCN preminers just seem to unloading the premine...

As for the difference read the whole thread. IF we merge mine we MUST also mine BCN. And with all that premine BCN is useless...

I traded BCN, smooth traded BCN and more... Exchange thread is active https://bitcointalk.org/index.php?topic=531925.180. It's mine that BCN has fairly stable exchange rate IMO.

Everyone doesn't use original arguments, of course.

Indeed, we build an opinion on its own philosophy and put different things in priority.
IMO, trading activity confirm Bytecoin to be stable.

btw, BCN was not premined, that's the conclusion I recently came too.
No doubt it's better to blame 'premining' on the fact that you're too late to join mining it.

lol. I would like to ask just for the lolz how did you come up with your recet conclusion!

[smooth]

But you will gain the reward from both chains, aren’t you?  I don’t understand it fully but from my side mining 2 chains is better than mining 1. Even if the difficulty is going up.

So, currently I support MM implementation.

I think, it’s a good idea. BCN has fairly stable exchange rate, moreover we solve 2 problems. First is the fear of closed community and the second one is the fear of new coin with untrusted (now) algorithm (MRO has no normal course or clear system of work).

It’s no difference for our computing power to receive MRO or MRO + BCN. Don’t forget, that we are talking about money and this option will brings a real benefit for us. So, why should we abandon this function?

And if the problem is in "policy" and developers disagreements, then why miners have to suffer?

how come BCN has a fairly stable exchange rate? It is not listed anywhere. There are buy orders listed on the thread that noone actually responds. BCN preminers just seem to unloading the premine...

As for the difference read the whole thread. IF we merge mine we MUST also mine BCN. And with all that premine BCN is useless...

I traded BCN, smooth traded BCN and more... Exchange thread is active https://bitcointalk.org/index.php?topic=531925.180. It's mine that BCN has fairly stable exchange rate IMO.

Everyone doesn't use original arguments, of course.

Indeed, we build an opinion on its own philosophy and put different things in priority.
IMO, trading activity confirm Bytecoin to be stable.

btw, BCN was not premined, that's the conclusion I recently came too.
No doubt it's better to blame 'premining' on the fact that you're too late to join mining it.

lol. I would like to ask just for the lolz how did you come up with your recet conclusion!

I would ask how it is that this army of 1000 (or is it 100 billion) Newbies always show up and argue every issue in favor of helping BCN. Why would that be?

[madzooka]

sorry, my mistake, have less info.
No i get where is no urgency indeed.

Y'all know sometimes when something new is coming you have a hope it's for better.
I see I need more time to get it right

[madzooka]

What's the deadline to sum up with calculations? When we gonna know what the majority have decided ?

[MoneroExpress]

No need of mergemining Monero

Bytecoin was stealth mined, no need doing anything with it

[madzooka]

I would ask how it is that this army of 1000 (or is it 100 billion) Newbies always show up and argue every issue in favor of helping BCN. Why would that be?

same on the other hand, IMHO.

I know that smooth doesn't have alt newbies but everything is seen clearly.
 

[thankful_for_today]

Actually voting is closed now as soon as nearly nobody wants merge mining in BMR. Let's talk about this again later in case opinion will change.

[smooth]

I would ask how it is that this army of 1000 (or is it 100 billion) Newbies always show up and argue every issue in favor of helping BCN. Why would that be?

same on the other hand, IMHO.

I know that smooth doesn't have alt newbies but everything is seen clearly.
 

You make a valid point. Forum polls are pretty hard to trust at all.

[nightwishx]

Where can I buy it?

[GreekBitcoin]

Where can I buy it?

Its MRO monero. Name have been changed.