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Author Topic: [XMR] Monero Speculation  (Read 3297822 times)
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Oleg88
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January 30, 2019, 01:50:26 PM
 #40281

Monero is one of the best anonymous coins at the moment. She can compete only Verge. but popularity remains for Monero
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January 30, 2019, 02:20:24 PM
 #40282


Shelby was very important in my life, after arguing with him for three days about the unlikelihood that the Denver Airport was a map to a global Zionist conspiracy, I coined the phrase "Inkblot Logic". He threatened to quit BCT, which lasted all of a day.

Wow... kudos.  That was a pretty long quit!
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January 30, 2019, 02:39:13 PM
 #40283

Honestly I am staying the hell away from the Kovri drama. I've been wary of it for quite some time.

That is not meant as a comment either way about whether any action should or should not be taken. It is simply my position that until required by some sense of governance (such as the core team being called upon to weigh in on whether FFS milestones have been met), I will exercise my prerogative as an unpaid volunteer to not get involved with it and to work for a better Monero and a better world in other ways.

Could we compensate you to do (or maybe just supervise) a Kovri postmortem?

Your distance and neutrality (plus skillz) make you an ideal candidate for the thankless task.

I'd like to know about
-early red flags (doomed from the start?)
-aggravating factors (Seasonal Affective Disorder resulting from Crypto's Long Winter?)
-potential remedies we may have missed (can we learn from this?)
-do the FFS's accountability mechanisms work as intended or need improvement?

Write it up on Steem and I'll be sure to...oh wait that's never going to happen.  Cheesy

Without any knowledge of the inner details, and just a cursory glance it seems fairly obvious to me that the failure of that project rest firmly on the shoulders of the person leading it.  Either he does not know how to manage a project as complex as that one is destined to become, or he does not have the chops to pull it off.  The whole drama aspect looks like smokescreen to me...  and I imagine he is fooling himself at least as well as anyone else with the choreography of his exit.

Like I said, I have no idea what I am talking about specifically. Wink  But I ran a business for nearly 20 years...  And you get to know what sorts of personalities end up with which sorts of circumstances.  Just an educated guess.

Is Kovri still a good idea?  Do we start over completely?  Or do we try to save something from the ashes of this "attempt"?

Those are the questions that need to be asked.

One other reality is this does put some hurt on the FFS.  At least in the short term.  People will be less willing to throw money at shiny things.  But maybe this is kinda good?
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January 30, 2019, 05:46:49 PM
 #40284

Honestly I am staying the hell away from the Kovri drama. I've been wary of it for quite some time.

That is not meant as a comment either way about whether any action should or should not be taken. It is simply my position that until required by some sense of governance (such as the core team being called upon to weigh in on whether FFS milestones have been met), I will exercise my prerogative as an unpaid volunteer to not get involved with it and to work for a better Monero and a better world in other ways.

Could we compensate you to do (or maybe just supervise) a Kovri postmortem?

Your distance and neutrality (plus skillz) make you an ideal candidate for the thankless task.

I'd like to know about
-early red flags (doomed from the start?)
-aggravating factors (Seasonal Affective Disorder resulting from Crypto's Long Winter?)
-potential remedies we may have missed (can we learn from this?)
-do the FFS's accountability mechanisms work as intended or need improvement?

Write it up on Steem and I'll be sure to...oh wait that's never going to happen.  Cheesy

Without any knowledge of the inner details, and just a cursory glance it seems fairly obvious to me that the failure of that project rest firmly on the shoulders of the person leading it.  Either he does not know how to manage a project as complex as that one is destined to become, or he does not have the chops to pull it off.  The whole drama aspect looks like smokescreen to me...  and I imagine he is fooling himself at least as well as anyone else with the choreography of his exit.

Like I said, I have no idea what I am talking about specifically. Wink  But I ran a business for nearly 20 years...  And you get to know what sorts of personalities end up with which sorts of circumstances.  Just an educated guess.

Is Kovri still a good idea?  Do we start over completely?  Or do we try to save something from the ashes of this "attempt"?

Those are the questions that need to be asked.

One other reality is this does put some hurt on the FFS.  At least in the short term.  People will be less willing to throw money at shiny things.  But maybe this is kinda good?

In case you hadn't seen it yet, knaccc has developed an I2P-zero GUI, which can be ran alongside the Monero software and would thus allow a user to easily broadcast transactions over I2P.

https://github.com/knaccc/i2p-zero/blob/master/README.md

https://github.com/monero-project/monero/issues/5070#issuecomment-458283539

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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January 30, 2019, 11:56:10 PM
 #40285


In case you hadn't seen it yet, knaccc has developed an I2P-zero GUI, which can be ran alongside the Monero software and would thus allow a user to easily broadcast transactions over I2P.

https://github.com/knaccc/i2p-zero/blob/master/README.md

https://github.com/monero-project/monero/issues/5070#issuecomment-458283539

So what took him-who-shall-remain-nameless 2 years to never complete, was done in 2 weeks by knacc? If this isn't a clear example of anchoring, I don't know what is.

Quote from: Nassim Taleb - The Black Swan
Let’s say a project is expected to terminate in 79 days, the same expectation in days as the newborn female has in years. On the 79th day, if the project is not finished, it will be expected to take another 25 days to complete. But on the 90th day, if the project is still not completed, it should have about 58 days to go. On the 100th, it should have 89 days to go. On the 119th, it should have an extra 149 days. On day 600, if the project is not done, you will be expected to need an extra 1,590 days. As you see, the longer you wait, the longer you will be expected to wait.
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January 31, 2019, 02:35:44 AM
 #40286

@joroz That's not quite the right take.

The Java platform features that knaccc is using to streamline the deployment (and expected to streamline it further later this year) either didn't exist or were not in their current state of maturity two years ago. So some of the "progress" was achieved not solely by knaccc's "two weeks" but due to the passage of two years of time, and the work of Java developers over those past two years. Much as I respect and appreciate the work, knaccc alone did not accomplish the "task" in "two weeks".

(It is also not yet a fully-integrated i2p+Monero solution that kovri was at least attempting to accomplish. Whether it will get there remains to be seen but it certainly looks more promising.)
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January 31, 2019, 08:33:48 AM
 #40287

What about his offer to pivot to something else?

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January 31, 2019, 06:16:29 PM
 #40288

Lets not forget that Java platform is inherently insecure unless something has changed in my time out of the field.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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January 31, 2019, 06:25:09 PM
 #40289

Lets not forget that Java platform is inherently insecure unless something has changed in my time out of the field.

I believe that this is using the openjdk version, which is fully open source.
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January 31, 2019, 06:47:02 PM
 #40290

Chainalysis: "@monero is our top priority" - https://threader.app/thread/1091010633657659395
Bullish?

About me | zRMicroArray - phase 2 - Gene Expression Analysis software | [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe | Monero weighted average price stats: moneroprice.i2p
BTC: 1KoCX7TWKVGwqmmFw3CKyUSrKRSStueZar | NMC: NKhYEYpe1Le9MwHrwKsdSm5617J4toVar9 | XMR (Tip me a beer OpenAlias Monero address): tip.changetheworldwork.com
[XMR] Monero - A secure, private, untraceable cryptocurrency: 4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2u NXgDMqYhjJVmc6KX
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February 01, 2019, 01:43:05 PM
 #40291


Chainalysis: "@monero is our top priority" - https://threader.app/thread/1091010633657659395


Do these guys Chain-ANAL whatever really have a chance at this -OR- they just frontin’ & stuntin’ here?

LOLz  Grin

- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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February 01, 2019, 01:47:20 PM
 #40292

Chainalysis: "@monero is our top priority" - https://threader.app/thread/1091010633657659395
Bullish?

hmm

"8/ They are showing a demo of a DNM that's advertising MyMonero as its main way of paying, which of course can deanonymize any transaction of theirs due to they have access to everything, since it's a web wallet. (Except their IP if they're over Tor.) "

That's just bunkem right?  "of course"





This one is cooler, specifically mentions cryptonote as being the problem they need more money for...

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February 01, 2019, 03:27:59 PM
 #40293

^  'Additional funds requested should be paid in Monero.  We need to start R&D as soon as we recieve the XMR as we don't wanna waste too much time. 

Thank you, thank you very much.'

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February 01, 2019, 03:43:58 PM
 #40294

https://blockmanity.com/news/only-4-3-of-all-monero-xmr-was-mined-by-malware-bots-according-to-study/
Quote
Blockmanity’s Take

Privacy based Cryptocurrencies like Monero have gotten a bad rep from media for its usage by criminals, but the study shows that only a small percentage of Monero is actually being mined by criminals. Even with Cryptocurrencies like Zcash which provides privacy as optionality, less than 15% of transactions are actually private.

The Ethos of privacy Cryptocurrencies is to provide fungibility and basic privacy for individuals which happen to be a human right. But the focus of the discussion always revolves around the minority percentage of users using it for illicit purposes.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 01, 2019, 04:15:00 PM
 #40295

Chainalysis: "@monero is our top priority" - https://threader.app/thread/1091010633657659395
Bullish?

Don't know anymore, its dangerous to be right when the world is wrong.

“Obviously, we listed Zcash, We didn’t attempt to list Monero and we felt that Zcash was the privacy coin that we could get our regulators comfortable with.”

get this right, they did not even dared to attempt list Monero, because it could displease the regulators, if you don't think we are living in 1984 meets Brave New World, I don't know what to say.

but the bittersweet part is, Monero will still pump hard in a bullmarket just because everything else pumps and Monero is in a good number of exchanges already. The last big uncorrelated pump was when Alphabay added Monero, and that alone made it the most profitable coin of the year, I don't think we'll see that happening again.

I also don't think they will try to go after Monero simply because its too late at this point, as it was with Bitcoin in 2011, at end of the day its just another open-source project. And they already have a ''privacy'' coin where they want, the corporation behind Zcash will bend to the will of the USG. Green said so.

Zcash will be the trojan horse that eventually gets Monero onto the big exchanges. A privacy-lite coin is a stepping stone toward getting the regulators comfortable with real privacy coins.
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February 01, 2019, 04:22:48 PM
Merited by infofront (1)
 #40296

Chainalysis: "@monero is our top priority" - https://threader.app/thread/1091010633657659395
Bullish?

Don't know anymore, its dangerous to be right when the world is wrong.

“Obviously, we listed Zcash, We didn’t attempt to list Monero and we felt that Zcash was the privacy coin that we could get our regulators comfortable with.”

get this right, they did not even dared to attempt list Monero, because it could displease the regulators, if you don't think we are living in 1984 meets Brave New World, I don't know what to say.

but the bittersweet part is, Monero will still pump hard in a bullmarket just because everything else pumps and Monero is in a good number of exchanges already. The last big uncorrelated pump was when Alphabay added Monero, and that alone made it the most profitable coin of the year, I don't think we'll see that happening again.

I also don't think they will try to go after Monero simply because its too late at this point, as it was with Bitcoin in 2011, at end of the day its just another open-source project. And they already have a ''privacy'' coin where they want, the corporation behind Zcash will bend to the will of the USG. Green said so.

Zcash will be the trojan horse that eventually gets Monero onto the big exchanges. A privacy-lite coin is a stepping stone toward getting the regulators comfortable with real privacy coins.

In a few years when Grin gets it's legs under it it will be the red headed stepchild (in place of monero) and not allowed on regulated exchanges and all the fat cats will have their bags of monero's and then it will be a private store of value they will have accumulated enough of to allow it on exchanges.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 01, 2019, 09:18:41 PM
Merited by Hueristic (1)
 #40297

Lets not forget that Java platform is inherently insecure unless something has changed in my time out of the field.

There are still issues but at least the modularity improvements mean that it is possible to not deploy the entire enormous runtime (with its entire attack surface) just for one application. So not ideal, but less bad than it used to be.
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February 01, 2019, 11:46:00 PM
 #40298

It appears that cryptonote is unbreakable at the moment, so monero hodlers can breathe a sigh of relief. Also it will encourage those shady people to do their deals with XMR payments rather than bitcoin. Kidnappers are switching to it, so the rest will being to follow

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February 02, 2019, 12:47:46 AM
 #40299

monero… something incredible but too expensive …
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February 02, 2019, 01:54:46 AM
 #40300

monero… something incredible but too expensive …

1 XMR only cost 1 XMR. 

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