[XMR] Monero Speculation

[Hueristic]

In this climate as of now, I have pseudo-endorsed Monero FWIW:

https://bitcointalk.org/index.php?topic=1387214.msg14112660#msg14112660

I think your either out of your manic phase or you've been bribed. I hope the former.

[1714645881]

1714645881

[1714645881]

1714645881

[TPTB_need_war]

Somebody knows when Zcash will launch and if there will be a ICO? Or only premine? how will they distribute?

As with all software, no one really knows when it will launch including them, but they say later this year. According to their stated plans, there will not be an ICO, just mining, along with the deferred premine (mining tax) for insiders.

And When Zcash launches, it will be a threat for coins like XMR and DASH, how do you guys see this?

Same story as any other potential competition:

1. Could be a threat
2. Could fail.
3. Could serve a distinct niche
4. Could expand the market.

Among other possibilities.

And Monero could hypothetically implement zk-snarks offering both alternatives. Open source projects tend to eat other projects that have flaws (the premine tax). Then again, Zcash seems to have locked in the experts on this tech.

[ArticMine]

...

And Monero could hypothetically implement zk-snarks offering both alternatives. Open source projects tend to eat other projects that have flaws (the premine tax). Then again, Zcash seems to have locked in the experts on this tech.

This is a very interesting idea that is worthy of further research.

Edit 1: Multi signature transactions and sidechains are already identified in the Monero Design and Development goals http://https://getmonero.org/design-goals/

Edit 2: If this were to be implemented in Monero it would be in addition to and not in lieu of RingCT since RingCT will be mandatory for Monero transactions. The base coin, Monero, would be using RingCT.

Edit 3: By the way this concept has already been proposed by Shen Noether (with zk-snarks implemented on top of RingCT) and I have had some prior discussion on the subject with him. It should be considered at this point the subject of research, in particular with respect to my edit 2 point above, namely implementing zk-snarks on top of RingCT. RingCT is a must here since it would be needed for multi signature transactions in Monero.

[rdnkjdi]

And Monero could hypothetically implement zk-snarks offering both alternatives. Open source projects tend to eat other projects that have flaws (the premine tax). Then again, Zcash seems to have locked in the experts on this tech.

I'm not so sure about that hypothesis.  Ethereum came after touring complete open source that could be added on to any crypto.  Apple has been monetized far more than any other Unix / Linux based system.  Red hat has done well vs open sourced Linux for servers.  Windows vs Ubuntu.

If anything I would say the organization creates a decision  making process that seems to outthrive  open source. 

[ArticMine]

...
I'm not so sure about that hypothesis.  Ethereum came after touring complete open source that could be added on to any crypto.  Apple has been monetized far more than any other Unix / Linux based system.  Red hat has done well vs open sourced Linux for servers.  Windows vs Ubuntu.

If anything I would say the organization creates a decision  making process that seems to outthrive  open source.  

The evidence is otherwise. Ethereum to put it mildly is a sitting duck for FinCEN. Search for "FinCEN Ripple". Apple is fast loosing market share to the Free Libre Open Source Software (FLOSS) Android, apart from the fact that both Mac OS X and iOS contain large amounts of FLOSS. RedHat is as FLOSS as many GNU/LInux distros including Ubuntu, Mint, CentOS etc. Microsoft has lost or is loosing virtually every market from Supercomputers to Mobile to FLOSS. Even on the desktop it is slowly loosing ground. What many forget about FLOSS, is that FLOSS is a multi billion dollar business.

Edit: Proprietary Unix has basically lost the server market to GNU/Linux (including RedHat) over a decade ago.

[aiwe]

Give me Adobe Creative Suite, Corel Draw and Battlefield 3 for Linux and I'll abandon Windows. For now I must run my Monero node under Windows :/

[smoothie]

Give me Adobe Creative Suite, Corel Draw and Battlefield 3 for Linux and I'll abandon Windows. For now I must run my Monero node under Windows :/

Why don't you try using a virtual machine to run linux and monero?

Pretty sure there are solutions out there to do this. Best of both worlds.

[owm123]

Give me Adobe Creative Suite, Corel Draw and Battlefield 3 for Linux and I'll abandon Windows. For now I must run my Monero node under Windows :/

You can always dual boot if you are not comfortable with windowz. Use it for work, and everything else do in Linux.

[dEBRUYNE]

MAAM #6 Monero Ask Anything Monday:

https://www.reddit.com/r/Monero/comments/49c530/maam_6_monero_ask_anything_monday/

[dEBRUYNE]

Crosspost:

Stack Exchange.

"the task at hand is to submit "example questions" to help define what is on and off topic for a site."

http://area51.stackexchange.com/proposals/96062/monero

I can't stress enough how much a stack exchange presence is important for Monero. These Q&A sites can be really helpful for newcomers, both users and developers. Please either vote on questions or propose sample questions.

[griffen1102]

This pullback is a good opportunity to restock.

[griffen1102]

Also, is there a website where you can see the poloniex margin trading stats like bfxdata.com, a COT report, or something like that?

[hitchingAride]

Where's the new support of monero since its pullback?

[TPTB_need_war]

The free market will chose, we replace bitcoin or we replace Core.

Or pay higher transaction fees and realize none of the other altcoin shit amounts to anything but hype (except for I guess Monero).

Basically all block chain projects have decided to abandon decentralization and just pretend (whether they realize it or not)[1]. So they can do features that don't work without centralization.

Come-from-Beyond say people are happy with that, and the sheep usually are happy to be lead to their slaughter.

[1] Note Monero has the most ASIC-resistant hash released thus far. They haven't solved the economic centralization issue, but for the time being afaik I presume mining is reasonably decentralized.

[1] Note Monero has the most ASIC-resistant hash released thus far.

Ethash appears more ASIC resistant as it is more memory bound and needs at least 8x more memory.

The original version that I reviewed for Charles Hoskinson before he formed Ethereum with Vitalik could be easily parallelized and thus would have superior performance on GPUs. Whereas, Monero's hash includes AES-NI instructions and the CPU is roughly at parity with GPUs.

So I meant to imply that Monero has the most CPUs mining.

[griffen1102]

Where's the new support of monero since its pullback?

IF 250k holds then here (obviously), but if that breaks I think our next support area is between 230k-219k range.

[rpietila]

If it was just an unrelated pump and there is nothing at all behind it, we could see 100k again.

If XMR is on the move, you should be buying instead of reading. Any price starting with 0.00 is good.

[rangedriver]

If it was just an unrelated pump and there is nothing at all behind it, we could see 100k again.

We're not going to see 100k again.

[klee]

If it was just an unrelated pump and there is nothing at all behind it, we could see 100k again.

If XMR is on the move, you should be buying instead of reading. Any price starting with 0.00 is good.

F@ckin nailed it!

I would like to add that if it is on the move don't expect ETH like FOMO yet. We will have many ups and down (as is already the case).

FOMO will start probably if it breaks the previous local top (400+).

[lolikop]

If it was just an unrelated pump and there is nothing at all behind it, we could see 100k again.

We're not going to see 100k again.

This is just a correction, we will see 400k within 2weeks

[TrueCryptonaire]

I am also bullish. Just shorters try to create panic for the purpose of covery.