[XMR] Monero Speculation

[joroz]

Monero never had fork solely to prevent ASIC miners.

No, but Monero does hard fork earlier than scheduled because of ASICs. Case in point:

https://twitter.com/JEhrenhofer/status/1094660036398366720?s=20

The next Monero upgrade has been scheduled for block 1788000 in about 4 weeks. This is earlier than expected. Source: moneromooo on #monero

[mitkos1]

Hi guys, I got a private msg on monero.org stating I'm a lotery winner of 5xmr. There is link in the msg. Probably a fishing mail. I got it in mail too. Anyone else got it?

[Febo]

Monero never had fork solely to prevent ASIC miners.

No, but Monero does hard fork earlier than scheduled because of ASICs. Case in point:

https://twitter.com/JEhrenhofer/status/1094660036398366720?s=20

The next Monero upgrade has been scheduled for block 1788000 in about 4 weeks. This is earlier than expected. Source: moneromooo on #monero

Yes it is earlier, but not sure if is earlier then it should be by schedule.  So far in past they were always delayed. This was a pleasant surprise. We will get blockchain size almost halved.  And probably lots of other goodies.  Usually developers meetings right before protocol upgrades change from every two week to once a week.  Binaries have to be out at least a week ahead. So we will have exciting weeks and soon days to come.

Hi guys, I got a private msg on monero.org stating I'm a lotery winner of 5xmr. There is link in the msg. Probably a fishing mail. I got it in mail too. Anyone else got it?

Owner of that site is unknown. But they quite fast added those ASIC fork coins half a year ago. So could be linked with them.

[mitkos1]

Sorry, it is getmonero.org, so it is "official" monero site. The sender is someone named Admin. Just be careful..

[Febo]

Sorry, it is getmonero.org, so it is "official" monero site. The sender is someone named Admin. Just be careful..

There is nothing as official monero site. But yes people that runs that site are well known. You should definitely report that to admin of that site.  It is a forum. Yes I got same.    I will ask on IRC.  I see people already talk there about it.  Think is that forum is in state of getting replaced, so is not that well maintained.

[mitkos1]

That is why I put it in quotes. It is not official but it is a trusted site so one might get fooled into clicking on the link. I am registred there but have no contacts. If someone knows the admin let him know. I've posted here because people read this site more often I guess.

P.s. ohh, great, so it is been noted

[yurimir]

Useful information - best way to learn how Monero works. Monero has two books: “Mastering Monero” and “Zero to Monero”.

1. “Mastering Monero” is a very good introduction that starts out assuming zero knowledge and covers the very basics, but also continues to explain all the critical parts fairly thoroughly:

https://www.getmonero.org/library/Mastering-Monero-Preview.pdf

https://www.amazon.com/dp/1731079966/

2. “Zero to Monero” is also an excellent resource. It goes into more technical details and I think assumes that the reader has a background in math and some understanding of modern cryptography as well:

https://www.getmonero.org/library/Zero-to-Monero-1-0-0.pdf

[DaveyJones]

What if graphics card companies are testing their new cards? isn't that also unfair?

Someone will always have more money for the better hardware

Difference is ... GPU's are commodity , ASICs are not ... i can buy a GPU in my local store or on amazon without any probs ... meanwhile ASICs are limited.

[iCEBREAKER]

Regarding the i2p drama, what if we turn it around by using the opportunity to restart from scratch, this time utilizing best practices to avoid another disappointment and instead create something amazing+useful for everyone who uses the internet?

Rolling our own single-use project-specific (functionally proprietary) crypto is bad not just because of the isolated point of developer failure, but because it eschews known good schema like Black Team vs. Red Team Protocol Design.

Given:

-Monero needs an i2p client not written in Oracle's unsafe/bloated Java and has demonstrated resource commitment to that with Kovri
-Kovri is written in C++, a safer/faster improvement over Java's lowest bar but not ideal for modern security-critical FOSS networking applications
-Monero is part of a small family of altcoins striving to uphold Bitcoin's cyberpunk ideal of a private, fungible store of value/medium of exchange
-this small family consists of Litecoin (implementing mimblewimble Soon), Cardano (implementing Sonic ZK-SNARKS Soon), Grin (using mimblewimble now), and Decred (implementing some kind of fungibility feature Soon)
-all these projects are self funding, using a FFS, Treasury, and/or Foundation
and
-all these projects may benefit from availability of the option to preserve privacy at the network layer

I propose the i2p router project be rebooted and distributed among the various and splendid Magical Crypto communities:

-Cardano plays Black Team, leveraging their Foundation+Treasury resources and  IOHK's expertise in formal analysis to create a fully verified canonical i2p client in a concurrent/functional/strongly typed language (Haskell or Erlang) and use the resulting specification to create a 2nd client (in Rust or Elixir)
-Monero plays Red Team and tries to break whatever Black Team builds
-Purple Team may be played by Decred (Politeia permittting), Litecoin (if coblee isn't too busy and Foundation can afford), or Grin (who are they again?)

Even scamcoins with an interest in network privacy (Zcash, Dash, Beam, PivX) could be of use by contributing funds/code/review.
Major projects with high-value transparent blockchains should also provide user privacy at the network level for reasons of physical security/safety and mitigating DDOS/hacking vectors, so a bolt-on i2p layer is something Bitcoin/Ethereum/Stellar devs may be motivated to help fund/build/deploy/maintain.


By request, here is the code for my sig.  It's free for anyone to use as long as you keep the "Is Dash a Scam?" link.  Otherwise it's 0.1 tacoshi to license.

Code:

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[url=https://bitcointalk.org/index.php?topic=583449.msg6382239#msg6382239][size=10pt][color=#ff6600][b]Monero[/b][/color][/url]
[/center][/td][/tr][/table]
[/td][td][table][tr][td][center][size=7pt][b][i]"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy."  [/i][/b][url=http://www.hit.bme.hu/~buttyan/courses/BMEVIHIM219/2009/Chaum.BlindSigForPayment.1982.PDF]David Chaum 1996[/url]
[size=7pt][b][i]"Fungibility provides privacy as a side effect."  [/i][/b][url=https://www.youtube.com/watch?v=3dAdI3Gzodo&feature=youtu.be&t=28m31s]Adam Back 2014[/url]
[/td][/tr][/table][/td][td][table][tr][td]
[color=#191919][center][size=7pt]▪Private▪Auditable▪[url=http://bitscan.com/articles/why-you-should-care-about-fungibility]100% Fungible[/url]
▪[url=https://www.gofundme.com/Mustang-Needs]Wild & Free[sup][/url]▪[url=https://youtu.be/mM2ra-LzMQk?t=]Flexible Blocksize[/url]
▪[url=http://www.slideshare.net/arnuschky/monero-geneva]Intro[/url]▪[url=https://getmonero.org/downloads/]Core GUI[/url]▪[url=https://github.com/monero-project]Github[/url]▪[url=https://play.google.com/store/apps/details?id=com.m2049r.xmrwallet]Android[/url][/td][/tr][/table][/td]
[td][table][tr][td][size=6pt][url=https://localmonero.co/][color=#e65c00][b]Buy and sell XMR near you[/b][/color][/url]
[url=https://bisq.network/][color=#ff6700][b]P2P Exchange Network[/b][/url]
[url=https://monero.stackexchange.com/a/1203][color=#ff761a][b]Buy XMR with fiat[/b][/color][/url]
[url=https://www.youtube.com/watch?v=xBxbiH_Mg44][color=#ff761a][b]Is Dash a scam?[/b][/color][/url]
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[coco23]

Useful information - best way to learn how Monero works. Monero has two books: “Mastering Monero” and “Zero to Monero”.

1. “Mastering Monero” is a very good introduction that starts out assuming zero knowledge and covers the very basics, but also continues to explain all the critical parts fairly thoroughly:

https://www.getmonero.org/library/Mastering-Monero-Preview.pdf

https://www.amazon.com/dp/1731079966/

2. “Zero to Monero” is also an excellent resource. It goes into more technical details and I think assumes that the reader has a background in math and some understanding of modern cryptography as well:

https://www.getmonero.org/library/Zero-to-Monero-1-0-0.pdf

Thanks for the links! Will check it out, Monero is still one of the most interesting Alts out there. It can go far if it stays Privacy coin #1. Enjoy some merits

[phishead]

I propose the i2p router project be rebooted and distributed among the various and spleneded Magical Crypto communities

It’s actually not a bad idea to get people to compete for the remaining Kovri development funds, but am confused why it would be a “Cardano vs. Monero” development team effort? Open source is gonna open source and only individual people who are interested in completing the project might collaborate with others in order to achieve that goal.

Also, thanks again for the sig logo... will be displaying it loud and proud here shortly

[Globb0]

Rather just see it done for Monero,

"doing" some other coin first sounds risky in a first to market wins kind of world.

[Hueristic]

I still don't know what to believe on the I2p shit so how are we supposed to know what imitative to support when we are in the dark on what the truth is?

We need all the Core Devs to weigh in and give us their unbiased opinions.

Hell if the guy who wrote that article is right and he already wrote that loki code then we could hire him to code a C++ version.

We need to know the truth of the matter. I personally wanted to give anonimal the benefit of the doubt but I'm not impressed with his handling of the situation. Anyway, he said he was going to finish korvi so I guess we should decide after that is done...or not done.

[smooth]

Hell if the guy who wrote that article is right and he already wrote that loki code then we could hire him to code a C++ version.

Which article?

[jwinterm]

Hell if the guy who wrote that article is right and he already wrote that loki code then we could hire him to code a C++ version.

Which article?

Think he's referring to these:

https://i2p.rocks/blog/kovri-and-the-curious-case-of-code-rot-part-1.html

https://i2p.rocks/blog/kovri-and-the-curious-case-of-code-rot-part-2.html

https://i2p.rocks/blog/kovri-and-the-curious-case-of-code-rot-part-3.html

[Hueristic]

Hell if the guy who wrote that article is right and he already wrote that loki code then we could hire him to code a C++ version.

Which article?

Shit just wasted 5 minutes trying to find them in this thread but I gotta get going. If no one else links you I'll find them later.

EDT: Thx JW

[smooth]

Okay I read that one when it was first posted. It gets into a lot of "he said, she said" type details which are IMO missing the point.

There are certainly different views of what went wrong. My view is that the whole thing, while well-intended, was a bad idea, and still would have been a bad idea even if the results had been somewhat better.

Incremental approaches with usable intermediate milestones like better Tor integration or figuring out how to best integrate with existing i2p implementations first before perhaps working on improving them, are a better fit with a largely volunteer-staffed, donation-financed project like Monero. When people flake out and don't finish the work, waste of scarce donation funding is limited. When people leave after finishing the work because they lose interest and want to do something else (or because the price of Monero drops), it is more feasible for others to take on maintenance of the code, or to work on a replacement. When people do some of the work and then move on, the portion already done might be useful in partially-completed form instead of a code doorstop (which in turn makes it more likely for others to take it on in terms of continued development and/or maintenance).

Funding one person for two years to work on a moon shot type project within this context is just a bad idea. It was an even worse idea to do so with one person who didn't already have a track record of successfully developing for Monero, but it would still be kind of bad even if he had. (I wouldn't support a two-year moon shot done by moneromooo either, although I would perhaps or even probably support him working toward a two-year goal with intermediate, already-usable, milestones.)

But remember, the Monero Core team takes a light touch on things like FFS and the community of donators are the ones actually making these calls. If donators want to fund something stupid we are not going to serve as gatekeepers even though we administer the FFS in a narrow sense.

[kurious]

Well, since this is supposed to be a speculation thread...

Springtime action seems underway.   Glad to see Monero's loose historical patterns seem to be continuing.  A couple of weeks back it was dipping under 0.012, now it's pushing towards 0.014 - not bad if this keeps up.

[aragom]

I still don't know what to believe on the I2p shit so how are we supposed to know what imitative to support when we are in the dark on what the truth is?

We need all the Core Devs to weigh in and give us their unbiased opinions.

Hell if the guy who wrote that article is right and he already wrote that loki code then we could hire him to code a C++ version.

We need to know the truth of the matter. I personally wanted to give anonimal the benefit of the doubt but I'm not impressed with his handling of the situation. Anyway, he said he was going to finish korvi so I guess we should decide after that is done...or not done.

xmr is same as xrp. it is speculative. you can be rich with xxmr when you buy and sell in good points, and you can lose all your money when you try to make it.

[Febo]

Well, since this is supposed to be a speculation thread...

Springtime action seems underway.   Glad to see Monero's loose historical patterns seem to be continuing.  A couple of weeks back it was dipping under 0.012, now it's pushing towards 0.014 - not bad if this keeps up.

Considering emission. I was saying for years that 2019 will be year of Monero. Last year we had no leg up compared to Bitcoin. So this year that is expected to happen. To trigger it we will need some event out of Monero development. Some adoption or something similar. Only problem I see is that we are at the end of a crypto bear market so interest for crypto is at its minimum. And this should not change until the end of the year.