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Author Topic: [XMR] Monero Speculation  (Read 3297847 times)
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Hueristic
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February 02, 2019, 04:42:22 AM
 #40301

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.

Good to know. Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 02, 2019, 05:30:56 AM
 #40302

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

Lol... Fuck that. Most of us here would never condone anything like that shit. It's disgusting. Tongue

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February 02, 2019, 05:43:05 AM
 #40303

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

Lol... Fuck that. Most of us here would never condone anything like that shit. It's disgusting. Tongue

That's just the thing... I think most of us here are for freedom, privacy and responsibility.

People do with money what people do with money.  It should be private unless the people want otherwise.
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February 02, 2019, 06:58:42 AM
 #40304

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.

Interesting view point and speculation.

I cringe when hearing about optional privacy, it gives a false sense of security. Worse than no privacy at all.

- 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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February 02, 2019, 01:18:51 PM
Last edit: February 02, 2019, 03:01:10 PM by dEBRUYNE
 #40305

Monero added to Exodus Eden version 19.2.2

https://www.reddit.com/r/Monero/comments/amcemx/youve_been_asking_we_finally_delivered_xmr_is/

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
elrippos friend
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February 03, 2019, 10:22:22 AM
 #40306


Cooolomatico  Grin Grin Grin

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February 03, 2019, 01:12:09 PM
 #40307

encryption is gradually maturing, and privacy coins will be welcomed by more and more people. XRM is the most effective privacy coin. its circular signature is the most reliable. it has a bright future.
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February 03, 2019, 03:05:07 PM
 #40308

encryption is gradually maturing, and privacy coins will be welcomed by more and more people. XRM is the most effective privacy coin. its circular signature is the most reliable. it has a bright future.

Yes...  Romero is def the most effective privacy coin in the space right now.  It's circular signature scheme makes law enforcement run around in circles in blind confusion at how circular it goes.

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February 04, 2019, 02:09:28 PM
Last edit: February 04, 2019, 02:29:36 PM by Gaben.
 #40309

Any fellow credit card holders notice a major increase in getting new cards shipped out a little more often than normal this year? TBH most people probably wouldn't notice it because a lot of you only have a couple.

But anyways, many of my credit cards were replaced well before their expiration date througout 2018 and I'd like to share the speculation that there was likely mbillions of dollars committedfraudulently spent in credit card fraud and that's what fueled driving the price up to 20k and that's why they got pulled so fast out of gateways like coinbase and others.
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February 04, 2019, 08:31:21 PM
 #40310

Any fellow credit card holders notice a major increase in getting new cards shipped out a little more often than normal this year? TBH most people probably wouldn't notice it because a lot of you only have a couple.

But anyways, many of my credit cards were replaced well before their expiration date througout 2018 and I'd like to share the speculation that there was likely mbillions of dollars committedfraudulently spent in credit card fraud and that's what fueled driving the price up to 20k and that's why they got pulled so fast out of gateways like coinbase and others.


I think they were pushing out cards with smart chips.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 04, 2019, 09:29:02 PM
Last edit: February 04, 2019, 10:47:47 PM by joroz
 #40311

Anyone notice that the conversation around Bitcoin's sustainability after block rewards expire is now fully underway?

The year started with the Bank of International Settlement (of all places) penning the most coherent Bitcoin critique of recent memory:
https://www.bis.org/publ/work765.pdf
tldr: https://www.technologyreview.com/the-download/612810/bitcoin-has-severe-limitations-because-of-the-way-it-keeps-itself-safe-from/

Now the conversation has shifted to Twitter. Notable Maximalists are seeing their bubble burst in front of their eyes.
https://twitter.com/peterktodd/status/1092262898598985729
https://twitter.com/StopAndDecrypt/status/1092279442360188929

Bitcoin's death knell will begin to toll well before 2140.
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February 05, 2019, 12:04:40 AM
 #40312

Anyone notice that the conversation around Bitcoin's sustainability after block rewards expire is now fully underway?

The year started with the Bank of International Settlement (of all places) penning the most coherent Bitcoin critique of recent memory:
https://www.bis.org/publ/work765.pdf
tldr: https://www.technologyreview.com/the-download/612810/bitcoin-has-severe-limitations-because-of-the-way-it-keeps-itself-safe-from/

Now the conversation has shifted to Twitter. Notable Maximalists are seeing their bubble burst in front of their eyes.
https://twitter.com/peterktodd/status/1092262898598985729
https://twitter.com/StopAndDecrypt/status/1092279442360188929

Bitcoin's death knell will begin to toll well before 2140.

Bitcoin and its copies will change emission. They will not just doe because of not secure network.  Good thing is that Monero have this already solved.
Gaben.
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February 05, 2019, 12:34:33 AM
 #40313

Any fellow credit card holders notice a major increase in getting new cards shipped out a little more often than normal this year? TBH most people probably wouldn't notice it because a lot of you only have a couple.

But anyways, many of my credit cards were replaced well before their expiration date througout 2018 and I'd like to share the speculation that there was likely mbillions of dollars committedfraudulently spent in credit card fraud and that's what fueled driving the price up to 20k and that's why they got pulled so fast out of gateways like coinbase and others.


I think they were pushing out cards with smart chips.

Smarter chips? Anyone I've been talking to, which isn't too much, already had updated cards with chips.

Just saying, I mean sure it could just be security being security .. but I'd suppose it's not much of a leap to connect the 'Equifax biggest breach in history' followed some time later with 'many peoples cards are getting replaced before the scheduled due date and was verbally notified over the phone by bank employee of massively compromised' and 'cryptocurrency stops taking credit cards after biggest runup in history' dots.
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February 05, 2019, 01:02:28 AM
 #40314

Anyone notice that the conversation around Bitcoin's sustainability after block rewards expire is now fully underway?

The year started with the Bank of International Settlement (of all places) penning the most coherent Bitcoin critique of recent memory:
https://www.bis.org/publ/work765.pdf
tldr: https://www.technologyreview.com/the-download/612810/bitcoin-has-severe-limitations-because-of-the-way-it-keeps-itself-safe-from/

Now the conversation has shifted to Twitter. Notable Maximalists are seeing their bubble burst in front of their eyes.
https://twitter.com/peterktodd/status/1092262898598985729
https://twitter.com/StopAndDecrypt/status/1092279442360188929

Bitcoin's death knell will begin to toll well before 2140.
https://youtu.be/SVC0VwQwrW0?t=1030

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 05, 2019, 04:19:42 AM
 #40315

Bitcoin and its copies will change emission. They will not just doe because of not secure network.  Good thing is that Monero have this already solved.

I hope they are better at changing emmission than changing block size. Something makes me doubt it. 21 million is the fundamental promise of Bitcoin, above all else.
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February 05, 2019, 06:02:41 AM
 #40316

Bitcoin and its copies will change emission. They will not just doe because of not secure network.  Good thing is that Monero have this already solved.

I hope they are better at changing emmission than changing block size. Something makes me doubt it. 21 million is the fundamental promise of Bitcoin, above all else.

No, immutability is.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Globb0
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February 05, 2019, 09:16:23 AM
 #40317

The new cards weren't very good actually.

They have had big problems with the life of a contactless card.

"The problem is that this is my second card, and the first one was replaced because the same thing happened - after a few months contactless payments simply stopped working."


I think they had to replace a lot long before they planned to.



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February 05, 2019, 04:33:31 PM
 #40318

I'm guess the plan with bitcoin is to keep block size unchanged and allow fees to go through the roof, to subsidize miners. Meanwhile, users will have cheap and fast transactions on lightning network. Win/Win?

I'm sure someone has done some projections on how viable that economic model is. It would be interesting to see.
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February 05, 2019, 05:35:13 PM
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 #40319

I'm guess the plan with bitcoin is to keep block size unchanged and allow fees to go through the roof, to subsidize miners. Meanwhile, users will have cheap and fast transactions on lightning network. Win/Win?

I'm sure someone has done some projections on how viable that economic model is. It would be interesting to see.

I have seen many arguments here on BCT as why this fee model does not work and none as why it will work. By the way lightning network is not a solution. Just read the Lightning Network paper https://lightning.network/lightning-network-paper.pdf where they talk about 100 MB + blocks to make LN work. In any case I hate to say I told you so, but I sold all my Bitcoin for Monero over this issue with the bulk of the sales completed well over 3 years ago.

Edit: The reason I found out about Monero in the first place is because I was researching this issue in Bitcoin here on BCT in 2014.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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February 05, 2019, 07:31:11 PM
 #40320

Lightning needs channel factories, which in turn need schnorr and sighash_noinput, to keep the blocksize down. It's all in hand.
Expect a push to reduce blocksize too, partially on economic grounds (more fee market), but mostly for tech reasons: bandwidth, especially of mesh network etc

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