Hueristic
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Activity: 3864
Merit: 5041
Doomed to see the future and unable to prevent it
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March 15, 2016, 05:44:35 PM |
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Shit, I got sharked. Placed a temp sell while getting a buy in and got chomped. FUCKING HATE THESE BOTS!!!!!!!!!! On the bright side made 3k playing poker the other day. It's safer than this market! Are there any xmr poker sites? I don't know but there should be. Alot of online players use bitcoins. I only play at casino's.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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rdnkjdi
Legendary
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Activity: 1256
Merit: 1009
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March 15, 2016, 07:16:25 PM |
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I've made 2% in 20 days lending to some dude ... wonder if he forgot he borrowed em?
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Bicmac1973
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March 15, 2016, 07:52:45 PM |
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I've made 2% in 20 days lending to some dude ... wonder if he forgot he borrowed em?
He will get a mail when his position gets margin called.
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signatures lie!
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aminorex
Legendary
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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March 15, 2016, 07:53:47 PM |
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I've made 2% in 20 days lending to some dude ... wonder if he forgot he borrowed em?
How much did he borrow? I'd like to know about the implied unrealized demand.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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ArticMine
Legendary
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Activity: 2282
Merit: 1050
Monero Core Team
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March 15, 2016, 08:02:10 PM |
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Are most holders here under the belief that monero will reward them more than holding bitcoin?
Edit to add: 2 years from now, who has a fatter wallet, 100 bitcoins or 10,000 monero?
As a long term holder my feeling is yes. First as has been pointed out before 100 XBT will get one well over 30,000 XMR at market. So 30,000 rather than 10,000 is the more relevant number. The problem I have with Bitcoin is that the reality is very different from the original idea of a fungible digital currency that anyone can use to pay anyone without the need of an intermediary or "bank". This is primarily due to the fixed blocksize limit which currently restricts the number of transactions to about three transaction per second. There is simply no opportunity for growth in Bitcoin since stagnation is hard coded into the protocol via the consensus code . This has led the a bear market in Bitcoin now over 27 months old. I see the downside in Bitcoin to be very real with little or no upside. Monero on the other hand has an adaptive blocksize limit. This means that there is no three transactions per second limit hard coded in the consensus code and consequently Moenro has a very good upside potential. Yes there is downside to Monero also; however I would consider it comparable or somewhat less than that of Bitcoin. The risk to reward ratio becomes an upside many orders of magnitude higher combined with a comparable or somewhat less downside. My current position is a mix of Monero and Canadian Dollars with very small Bitcoin and Namecoin positions. The Canadian Dollars provide the necessary liquidity. Appropriate disclaimers are needed here. This should not be considered investment advice. Investing in crypto currencies involves extreme high risk and the possibility of loosing the entire amount invested. It should only be undertaken after doing one's own independent research and obtaining appropriate independent professional advice.
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bitebits
Legendary
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Activity: 2222
Merit: 3255
Flippin' burgers since 1163.
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March 15, 2016, 08:14:28 PM Last edit: March 16, 2016, 10:57:10 AM by bitebits |
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Crosspost: Support the Monero network by hiring a pre-installed full node for just 4$ / monthRecently I switched provider (more expensive, higher specs for simultaneously running a Bitcoin node) and I was wondering what to do with my current Monero node. It hurts a bit to just let it go, especially because it just runs great and is cheap. It is hosted at MikroVPS.eu for 4$ per month and they accept bitcoin (and so Monero through XMR.to). So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node: You can pay the equivalent of 4$ in Monero or Bitcoin, and the node will run for another whole month. You can check whether it is online here (just zoom in a little bit) since it is the only node running in the area. Specs of the node, still valid till 2016-03-21- 25 GB harddisk - 512 MB RAM - 250 GB bandwidth - Ubuntu Linux 15.10 x64 - IP: 185.112.158.127The Monero node is running from Hungaria, Budapest and is nicely filling up a gap on the map of Europe:Some statistics of the last few weeks:Monero address: 45dBwTfM1oFGVWEosmtxTeEXQpWMvvzf8cPaELkNsebNPZMcRaX3P8V1eF5afBS9LW1xJbMPYkteM8W bbu56K9kJSwvSrrB Bitcoin address: 1B3cZEg1oGnXpgjhkTJGpP9G4LNPWTXk1D
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- You can figure out what will happen, not when /Warren Buffett - Pay any Bitcoin address privately with a little help of Monero.
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Emperor of Man
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March 15, 2016, 08:14:39 PM |
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Are most holders here under the belief that monero will reward them more than holding bitcoin?
Edit to add: 2 years from now, who has a fatter wallet, 100 bitcoins or 10,000 monero?
As a person who likes BTC and XMR both, what I like more about XMR is that it gives you a %10 profit if it goes from 1 USD to 1.1 USD (happening easily), but what about BTC? If it wants to make you a %10 profit it should go from 400 to 440 and it happens much harder.
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Hueristic
Legendary
Offline
Activity: 3864
Merit: 5041
Doomed to see the future and unable to prevent it
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March 15, 2016, 08:26:20 PM |
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Are most holders here under the belief that monero will reward them more than holding bitcoin?
Edit to add: 2 years from now, who has a fatter wallet, 100 bitcoins or 10,000 monero?
Lets not forget the fact that in 2 years TPTB will likely have most holders mapped and the IRS will be taxing or planning on taxing their activities. I'd like to see them try that with XMR. Added: BTW I hold no XMR atm. Fucking shark this morning. !@#$%#%!#@@%#@% Teach me to try to help suppress while I buy to stop the bots.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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explorer
Legendary
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Activity: 2016
Merit: 1259
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March 15, 2016, 08:32:23 PM |
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Are most holders here under the belief that monero will reward them more than holding bitcoin?
Edit to add: 2 years from now, who has a fatter wallet, 100 bitcoins or 10,000 monero?
As a long term holder my feeling is yes. First as has been pointed out before 100 XBT will get one well over 30,000 XMR at market. So 30,000 rather than 10,000 is the more relevant number. The problem I have with Bitcoin is that the reality is very different from the original idea of a fungible digital currency that anyone can use to pay anyone without the need of an intermediary or "bank". This is primarily due to the fixed blocksize limit which currently restricts the number of transactions to about three transaction per second. There is simply no opportunity for growth in Bitcoin since stagnation is hard coded into the protocol via the consensus code . This has led the a bear market in Bitcoin now over 27 months old. I see the downside in Bitcoin to be very real with little or no upside. Monero on the other hand has an adaptive blocksize limit. This means that there is no three transactions per second limit hard coded in the consensus code and consequently Moenro has a very good upside potential. Yes there is downside to Monero also; however I would consider it comparable or somewhat less than that of Bitcoin. The risk to reward ratio becomes an upside many orders of magnitude higher combined with a comparable or somewhat less downside. My current position is a mix of Monero and Canadian Dollars with very small Bitcoin and Namecoin positions. The Canadian Dollars provide the necessary liquidity. Appropriate disclaimers are needed here. This should not be considered investment advice. Investing in crypto currencies involves extreme high risk and the possibility of loosing the entire amount invested. It should only be undertaken after doing one's own independent research and obtaining appropriate independent professional advice. The trouble with CDN is that (despite the recent bounce ) it is on a downward trajectory against USD. Holding it is a losing proposition. I bought some more BTC the other day just to take advantage of what I guessed to be a CDN high mark. So far so good. That BTC is easily and quickly tradable for XMR or USD for very reasonable fees, compared to CDN in the legacy banking system. Days and days to transfer with many times higher fees. WTF. Might as well courier bullion. CDN limit buy BTC right at market, then after a couple dollar rise (typically within a few hours) to more than cover fees, into USD where it can more safely wait for an entry point that I like. Covoluted, but I dislike losing 1% overnight holding CDN just because oil dropped 50 cents.
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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March 15, 2016, 08:38:12 PM |
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aminorex
Legendary
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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March 15, 2016, 08:42:29 PM Last edit: March 16, 2016, 05:53:54 AM by aminorex |
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I dislike losing 1% overnight holding CDN just because oil dropped 50 cents.
Just repeating, for the record: I think oil is going down over the 1-2 week period, from here. I think Yen is actually the best hedge in fiat. I know it's crazy. There must be like a quintillion yen out there. Yet Mrs. Watanabe is dialing back on risk, so what are you gonna do? GBP might do okay too, but big brexit volatility risk, so I can't recommend it to anyone but a gambling addict. Gold is great long-term, scary short-term. White metals to outperform for a while. EDIT: If you really are a gambling addict, you might buy some SUNE and VRX, to see if David Einhorn and Bill Ackman can between them succeed in enriching you. Remember to double up with XMR if they do, although it may take so long to find out, that XMR appreciation has meanwhile left you behind.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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aeoncurrency
Newbie
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Activity: 59
Merit: 0
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March 15, 2016, 08:43:24 PM |
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I've made 2% in 20 days lending to some dude ... wonder if he forgot he borrowed em?
Many times when I checked XMR lending rates have actually been lower than BTC lending rates.
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Monerobuyer0
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March 15, 2016, 08:52:15 PM |
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Added: BTW I hold no XMR atm. Fucking shark this morning. !@#$%#%!#@@%#@% Teach me to try to help suppress while I buy to stop the bots. Hello friend, thank you very much for the sell wall to help me get in with less slippage. I appreciated it. It has been very hard to get very much Monero, you have to wait days for a significant dump. You won't be getting that XMR back from me, but maybe some weak hand will be kind enough to let you back in by putting up another sell wall or dumping into your buy. As Monero rises it will leave behind part of its community who sold too much along the way, and never got the pullback they needed. This is inevitable, some of the people posting now in this thread are going to mistime their trading and lose their Monero, and watch in agony for years as it rises. But they will be replaced with new people as we grow. I would recommend that we all limit our XMR trading sells to a reasonable percentage of our Monero, and if we mess up and can't get it back, hold on to what remains even harder. This is better for Monero in the long term than losing some of its strong community members to their trading mistakes.
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slapper
Legendary
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Activity: 1974
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
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March 15, 2016, 08:59:29 PM |
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You wont be able to stop him. Look at his post history, it's all about selling or not being in XMR for entire year etc etc while trolling other competitor coin threads and simply a legend in his own mind.
Just another prick with daddy issues growing up, so he is trying to make up for it by posting about imaginary trades where he probably wants to see himself come out ahead. All coins have these specimen.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Monerobuyer0
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March 15, 2016, 09:06:08 PM |
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You wont be able to stop him. Look at his post history, it's all about selling or not being in XMR for entire year etc etc while trolling other competitor coin threads and simply a legend in his own mind.
Just another prick with daddy issues growing up, so he is trying to make up for it by posting about imaginary trades where he probably wants to see himself come out ahead. All coins have these specimen.
Traders will be traders I guess. Monero is hard to get right now without spiking up the price. Just put in a buy order at the top of the orderbook for a couple BTC, and look at how many 1 btc orders will quickly pop up in front if it. At least 3. You have to fight several people and some bots for every 1 btc buy if you don't want to pay 2-3% extra. Or you put in a lower order and wait for multiple days praying for a dump to happen.
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ArticMine
Legendary
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Activity: 2282
Merit: 1050
Monero Core Team
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March 15, 2016, 09:19:18 PM |
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...
The trouble with CDN is that (despite the recent bounce ) it is on a downward trajectory against USD. Holding it is a losing proposition. I bought some more BTC the other day just to take advantage of what I guessed to be a CDN high mark. So far so good. That BTC is easily and quickly tradable for XMR or USD for very reasonable fees, compared to CDN in the legacy banking system. Days and days to transfer with many times higher fees. WTF. Might as well courier bullion. CDN limit buy BTC right at market, then after a couple dollar rise (typically within a few hours) to more than cover fees, into USD where it can more safely wait for an entry point that I like. Covoluted, but I dislike losing 1% overnight holding CDN just because oil dropped 50 cents.
You mean CAD. For someone in Canada I would argue that holding CAD can make sense over USD, especially if the idea is to hedge a significant XMR position. My take is that the over the medium to long term the fundamentals of the Canadian economy are stronger than those of the US economy, the Canadian banking system has historically been safer than the US banking system and last but not least CAD does not have the loss of reserve currency status risks associated with USD. When holding gold was made illegal in the United States in the 1930's many Americans kept their gold in Canada. The social and political risks can also be lower in Canada that in the United States. As for XBT when it takes a day to get one confirmation from the Bitcoin network, as has recently been the case, the legacy fiat banking system actually becomes competitive, Ultimately this is about one's comfort level. My comfort level is stronger with the smaller currencies, XMR and CAD than with the larger currencies XBT and USD. Edit: I am not interested in day trading here but rather in holding over the medium to long term.
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Hueristic
Legendary
Offline
Activity: 3864
Merit: 5041
Doomed to see the future and unable to prevent it
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March 15, 2016, 09:19:43 PM Last edit: March 15, 2016, 09:30:16 PM by Hueristic |
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Added: BTW I hold no XMR atm. Fucking shark this morning. !@#$%#%!#@@%#@% Teach me to try to help suppress while I buy to stop the bots. Hello friend, thank you very much for the sell wall to help me get in with less slippage. I appreciated it. It has been very hard to get very much Monero, you have to wait days for a significant dump. You won't be getting that XMR back from me, but maybe some weak hand will be kind enough to let you back in by putting up another sell wall or dumping into your buy. ... Welcome and enjoy my monero. I of course will get it back and I hope from what you profit you will gain more. Added: You wont be able to stop him. Look at his post history, it's all about selling or not being in XMR for entire year etc etc while trolling other competitor coin threads and simply a legend in his own mind.
Just another prick with daddy issues growing up, so he is trying to make up for it by posting about imaginary trades where he probably wants to see himself come out ahead. All coins have these specimen.
Traders will be traders I guess. Monero is hard to get right now without spiking up the price. Just put in a buy order at the top of the orderbook for a couple BTC, and look at how many 1 btc orders will quickly pop up in front if it. At least 3. You have to fight several people and some bots for every 1 btc buy if you don't want to pay 2-3% extra. Or you put in a lower order and wait for multiple days praying for a dump to happen. Looks like someone is butthurt because I didn't answer him. I sold some at .0029, waiting for the dip to grab it back. How many? Can you please give more details. I will also try to do the same. BTW Slapper You have been on ignore for so long I forgot about you. If You hadn't been quoted I would not have looked at your post history to see what gems it contained and found that one. They are rather childish and transparent still. You should work on that and one day maybe you'll get un-ignored and replied to by other than new people. ...
Edit: I am not interested in day trading here but rather in holding over the medium to long term.
I only day traded a few times the last month to increase my holdings without using coinbase.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Monerobuyer0
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March 15, 2016, 09:41:50 PM |
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Does monero have multisig?
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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March 15, 2016, 09:45:16 PM |
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Does monero have multisig? It will be implemented in the foreseeable future. See section 4.4 of this paper: https://lab.getmonero.org/pubs/MRL-0005.pdfAlso note that: An expanded writeup of the ring-multisignature is in the works.
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