[XMR] Monero Speculation

[guesswho1234]

The next 2 weeks™ are critical

Monero keeps in the channel more or less... but i still dont get it why we are not rated higher in price... so many shitcoins do better. Its like people lost interest in monero, even with the ledger and bulletproofs comming , they are not interested it looks. i would start selling some coins at 1000 usd , im starting to think i should be happy with 500 usd a coin . any thaughts on this?

nobody really knows. but doesnt seem like market overall is bullish at the moment.

[1714941404]

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[Hueristic]

nobody really knows. but doesnt seem like market overall is bullish at the moment.

Meh, just the real shitty part of the cycle.

Spam bot detected and reported - this one is copying our own Febo from 2014 (its cleverly cropped some of the text to avoid match detection.

Ha! I saw it as soon as I read Is not hard to miss my posts, they differs from the rest by how i craft sentences together.     Sometimes I think I am a bot myself.

Me too, Lol your a distinctive poster.

Damn I'm not even looking at the markets in the morning anymore, why ruin the day?

[dragonball12]

Monero will need to definitively put to rest the perception -- whether accurate or not -- that Monero may have a bloat problem, in terms of blockchain size and/or memory usage.  This perception has dogged Monero from the beginning and it does Monero no favors.

[Hueristic]

Monero will need to definitively put to rest the perception -- whether accurate or not -- that Monero may have a bloat problem, in terms of blockchain size and/or memory usage.  This perception has dogged Monero from the beginning and it does Monero no favors.

Bulletproofs will be applied at the next upgrade as far as I know and that should take care of that issue.

[DaveyJones]

https://www.reddit.com/r/Monero/comments/8lgvw4/introducing_tari_a_decentralised_assets_protocol/

What is Tari?

Tari is a decentralised assets protocol that is going to be built on top of Monero. Think of it as something like coloured coins or CounterParty, but for Monero and a lot more scalable (ie. not using an embedded consensus mechanism).
How is it built "on top of Monero"?

Tari will have a native token, like CounterParty, but it will operate as a merge-mined sidechain. Miners will be able to earn Tari block reward and fees as they mine Monero. In addition to binding itself to Monero's security model, Tari will also support atomic swaps between itself and Monero.
Who is building it?

Everyone! Tari will be an open-source project very much in the spirit of Monero, to the point of reusing a lot of the patterns we've developed for Monero over the years. However, it will initially be a little bit more centralised than Monero, which is fine as it is a layer 2 project that can afford to experiment a little without impacting on the purity of Monero's robustness and decentralisation.

This early form of centralisation comes in the form of the Tari organisation, which will act as a steward of the protocol in much the same way as the Monero Core Team acts as a steward of Monero. However, we have also formed Tari Labs based out of Johannesburg, South Africa, and we are in the process of hiring researchers, developers, and others, who will be among the first contributors to Tari.

That said, we do not believe that Tari Labs should be the sole owners of the ever-evolving design and architecture of the protocol, nor should they be the decision makers. They are merely a bunch of clever people working alongside anyone in the community that wishes to contribute to the Tari protocol.

If you would like to work at Tari Labs, and live in South Africa or are willing to relocate, then please do look at the available positions on the Tari website. Please note that on principle Tari Labs will not employ existing Monero contributors, so as not to place a drain on the relatively limited developer resources available to the Monero project.
You keep saying "we"...who is "we"?

Tari has been founded by myself (Riccardo Spagni), Naveen Jain, and Dan Teree. You can read more about us, as well as some of the other contributors to this very nascent project, on the About page on the Tari website.
So you're doing an ICO?

I will slay you where you stand.
Well then how will you pay for this?

I've decided to sell my watch and my power glove, obviously:-P

Seriously, though, Tari is backed by some of the world's leading top-tier VC firms, such as Redpoint, Trinity Ventures, Canaan Partners, Slow Ventures, Aspect Ventures, as well as some of the leading blockchain VC firms.
How does this benefit Monero?

Our investors believe in what we want to build with Tari, but they also believe in Monero as the world's leading private digital currency, and also as a powerful base layer upon which projects can be built. Because of this, we have capital that we are using to not only build the Tari protocol, but to enhance aspects of the Monero software stack and ecosystem.

Consider three examples of areas the Tari Labs team will be focusing on over the next year:

    Researchers will work with the Monero Research Lab to identify ways to improve Monero's block and transaction propagation. This will increase on-chain scalability for Monero, as well as speed up initial syncing of nodes. Tari Labs developers will also assist the Monero development community by implementing some or all of these improvements.

    Tari Labs developers will work with Tari Labs researchers to create and implement an atomic swap mechanism that will initially allow for atomic swaps between Monero and other cryptocurrencies, such as Litecoin, but will also be used later on for atomic swaps between Monero and assets issued on Tari.

    Developers at Tari Labs will work on a Lightning Network router implementation that supports both Bitcoin and Monero, allowing Monero to benefit from the added off-chain privacy that LN provides.

In addition, Tari has plans for ways we can more directly support Monero development in the future through the creation of development hubs around the world, where people will be able to apply for grants that will let them work on Monero or Tari for a period of time. This concept, whilst still in its infancy and quite far away from inception, will provide people with the opportunity to contribute to the Monero codebase, research, and ecosystem on a more regular, full-time basis.
Does this mean fluffypony is leaving Monero?!

No, not at all! In order to free up time for me to work on Tari I have taken two major steps in my professional life:

    I have stepped down as CEO of MyMonero, and have handed the reins to the very competent Paul Shapiro (aka endogenic). We are in the process of the last few bits being totally handed over, after which I will be non-operational on MyMonero.

    I have stepped down as CEO of GloBee, and have appointed a new CEO to replace me, Felix Honigwachs. Felix comes with a wealth of experience, having been a senior manager at Microsoft and at SAP, and more recently having been the founder and now-former CEO of one of the most influential healthcare software startups in South Africa. I have already become largely non-operational on GloBee as Felix has slid nicely into the role, even taking over my office and making me move to our management company's offices next door;)

That said, over the past year I've been reducing my roles within the Monero project itself, in order to ensure I am never a bus factor. Members of the community have stepped up to fill these roles, including Monero Core Team member luigi1111 taking over as lead maintainer on the Monero website and Monero GUI repos. I am determined to further reduce any reliance on me over time by continuing this trend, with an eventual goal of handing off the task of lead maintainer on the Monero CLI repo once we have added full support for deterministic builds.

My role in Monero will then solely focus on advocacy for Monero and privacy, technical advice and counsel to the contributors and maintainers where necessary, and I will continue to serve on the Core Team for as long as I am required and able to. In addition, I will also be spending a lot more time on the Monero Enterprise Alliance, which I hope to one day meme into existence.
What technologies will Tari be buit in?

While some of the moving parts will be determined among the development community as it comes together, one thing we have already decided on is to use Rust as our language of choice for the Tari protocol software. The decision to use Rust is partly because we believe that Rust is an incredibly capable language that is purpose-built for lower-level high performance software like this, but largely because we want to make sure that Tari does not drain any of the existing Monero contributor support.
This all sounds exciting...where do I sign up?

As mentioned before, we're reusing a lot of the patterns that have served the Monero community well over the past four years, some of which I'm directly responsible for and was quite surprised they worked at all;) The best places to join in the discussion and get involved with the burgeoning community are at:

    The Tari subreddit
    Tari IRC channels on Freenode, including:
        #tari
        #tari-dev
        #tari-research
    The Tari Telegram group

[denetci]

i read tari.
sounds great to me? what do you think guys?
will it help to have higher price for monero?

[NeuroticFish]

   Developers at Tari Labs will work on a Lightning Network router implementation that supports both Bitcoin and Monero

This sounds *very* interesting. Finally an idea I find interesting enough to follow and read about.
I subscribed to reddit, but also some sort of discussion area here, at bitcointalk, could be useful (of course, at the right time).

[Globb0]

Any kind of commercial interest and involvement in or around Monero can only be a good thing.

[Billy Bunter]

I'm unclear how Tari will help Monero's price. Is the purchase of Monero a requisite for tokens on Tari?

What will help is the professionalization that VC's, marketing departments etc, will bring to the project. Though Monero might not be their focus, it certainly stands to benefit indirectly.

That said, two years (the projected development period) is an eon in Crypto.

[bfriedman228]

I believe in this coin. This is the leader among anonymous coins. And it seems to me that Monero will remain the leader forever. Even though anonymous coins appear more and more.

[Febo]

I'm unclear how Tari will help Monero's price. Is the purchase of Monero a requisite for tokens on Tari?

What will help is the professionalization that VC's, marketing departments etc, will bring to the project. Though Monero might not be their focus, it certainly stands to benefit indirectly.

That said, two years (the projected development period) is an eon in Crypto.

I also don't know much. I think not that much is known overall. I imagine it as counterparty right now.   Counterparty is an asset platform on Bitcoin blockchain. It still need Bitcoins to move asset.  I think I read tari wil use tari, but I dont know.

Counterparty was started with Proof of Burn, burning Bitcoins. I think they sent 2000 Bitcoin to a Bitcoin address that no one have private key.   I have no ideas of this is way tari will start but just posted one example.

In any case I just love the idea.


Also guys dont forget  that clashm just posted his most recent https://www.reddit.com/r/Monero/comments/8li8l1/ledger_hardware_wallet_monero_integration_some/   Nothing realy dramatical there except taht Fluffypony said he will:

[smooth]

I'm unclear how Tari will help Monero's price.

Did someone say it would? The price action in the market after the announcement suggests little if any connection.

Monero will need to definitively put to rest the perception -- whether accurate or not -- that Monero may have a bloat problem, in terms of blockchain size and/or memory usage.  This perception has dogged Monero from the beginning and it does Monero no favors.

Perception is one thing, and can't be fully addressed by facts, but Monero has literally among the lowest memory usage of any coin. You can run a node in 50 MB or something, maybe even less.

[Globb0]

Give it time.

2 years to market is a long commitment to Monero. If it has to use some part of Monero it will surely increase transaction volume?

More utility, more practical use, more usage general = all good.


The amount of supporting infrastructure projects and services, is always the argument of bitcoiners against every other coin.

This is increasing Monero's practical use cases.


Plus we know the guy involved and I personally think a level of trust/confidence is deserved.

Please remember not everything works out in the end.

At least he's trying things. Going more commercial is making it more real than a theoretical fantasy project.

I myself an agile DM, value incremental improvements and gains.

Thanks everyone in Monero,

Phil


 

[Billy Bunter]

I'm unclear how Tari will help Monero's price.

Did someone say it would? The price action in the market after the announcement suggests little if any connection.

Not as far as I'm aware. I have little doubt, though, that it was a question on most people's mind in this thread. I merely articulated it.

Why so prickly?

[Hueristic]

I believe in this coin. This is the leader among anonymous coins. And it seems to me that Monero will remain the leader forever. Even though anonymous coins appear more and more.

Actually they don't, coins claiming to be anonymous pop up all day long and they all fall short of Monero and most are nothing but lies.

I'm unclear how Tari will help Monero's price.

Did someone say it would? The price action in the market after the announcement suggests little if any connection.

I think he was referring to the fact it is posted in the speculation thread so he was speculating on what effect it would have on the price.

[Billy Bunter]

I believe in this coin. This is the leader among anonymous coins. And it seems to me that Monero will remain the leader forever. Even though anonymous coins appear more and more.

Actually they don't, coins claiming to be anonymous pop up all day long and they all fall short of Monero and most are nothing but lies.

I'm unclear how Tari will help Monero's price.

Did someone say it would? The price action in the market after the announcement suggests little if any connection.

I think he was referring to the fact it is posted in the speculation thread so he was speculating on what effect it would have on the price.

Exactly.

[joroz]

I'm unclear how Tari will help Monero's price.

It would help to the same degree as the dev meeting logs.

[Hueristic]

I'm unclear how Tari will help Monero's price.

It would help to the same degree as the dev meeting logs.

Those are not posted in this thread.

[mambamanagement]

any guesses where monero bottoms?

[garytheasshole]

any guesses where monero bottoms?

Magic 8ball says 'potato'