phishead
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November 07, 2019, 08:05:52 PM |
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Please keep Bitcoin clones and forks discussions in appropriate threads. This thread is about fungible opaque ledger digital cash.
So do you feel insecure about Monero's price and is that the reason you are now trolling other crypto projects ? Or is it just a hobby of yours ? I'm just curious. I'm gonna leave it at this though, i just want to show you guys the Febo we know (the one that trolls the Dash Announcements thread). Link : https://bitcointalk.org/index.php?topic=421615.msg53012385#msg53012385Its not a very pleasant Febo. Happy speculating in here.. How about we speculate why you are speculating about Febo’s speculations so much? Edit: oh by the way, with open sourced projects people can say or do whatever they want. I speculate that part makes you uncomfortable... but idk, just speculating out loud here.. let’s chat about that. How’s your masternodes holding up?
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Globb0
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November 07, 2019, 09:57:29 PM |
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Is dark coin a competing product with all its bs? pah
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smooth (OP)
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November 08, 2019, 12:12:08 AM |
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@qwizzle if you have a beef with Febo, that's still not relevant to this thread (maybe take it up with forum mods if you think he is violating some rule). In any case, please take it elsewhere.
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BldSwtTrs
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November 11, 2019, 01:08:42 PM |
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An article worth reading reading Coinbase's view of Proof of Work: https://blog.coinbase.com/how-coinbase-views-proof-of-work-security-f4ba1a139da0"Claim one: It is a security feature for a particular coin’s mining operations to be the dominant application of the hardware used to mine that coin."
If this statement is correct, and I think it is, then the whole XMR's strategy of forking the hashing algorithm to foster CPU mining is unintelligent. Let's stop forking the hashing algorithm after RandomX (which will fail to achieve the stated goal, like every other attempt) and embrace specialized mining. Enough time has been lost.
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cAPSLOCK
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Maybe the Mars is the future!
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November 11, 2019, 02:36:34 PM |
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Let's stop forking the hashing algorithm after RandomX (which will fail to achieve the stated goal, like every other attempt) and embrace specialized mining. Enough time has been lost.
I am pretty sure that is explicitly the plan, if you are right. I believe Ricardo Spagni agrees with you on this and wanted to just do SHA3. But the community went with one more shot at ASIC resistance. But I think the plan is if this does not achieve it then we are going to stop trying.
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Hueristic
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November 11, 2019, 06:31:07 PM |
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Let's stop forking the hashing algorithm after RandomX (which will fail to achieve the stated goal, like every other attempt) and embrace specialized mining. Enough time has been lost.
I am pretty sure that is explicitly the plan, if you are right. I believe Ricardo Spagni agrees with you on this and wanted to just do SHA3. But the community went with one more shot at ASIC resistance. But I think the plan is if this does not achieve it then we are going to stop trying. Yup, old news but then again look at what the source is. Lol To be fair, I wouldn't even waste a second reading a coinbase blog but there is no way it has Monero's interest at heart no matter what it says.
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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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dEBRUYNE
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November 11, 2019, 06:42:58 PM |
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dEBRUYNE
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November 11, 2019, 06:45:30 PM |
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An article worth reading reading Coinbase's view of Proof of Work: https://blog.coinbase.com/how-coinbase-views-proof-of-work-security-f4ba1a139da0"Claim one: It is a security feature for a particular coin’s mining operations to be the dominant application of the hardware used to mine that coin."
If this statement is correct, and I think it is, then the whole XMR's strategy of forking the hashing algorithm to foster CPU mining is unintelligent. You can read my response to the article here: https://www.reddit.com/r/Monero/comments/du2m7i/coinbase_blog_criticizes_monero_pow_philosophy/f71lt09/Let's stop forking the hashing algorithm after RandomX (which will fail to achieve the stated goal, like every other attempt) and embrace specialized mining. Enough time has been lost.
That's the intent, i.e., the current 'contingency' plan is to switch to an ASIC friendly algorithm (such as SHA3) in case of a RandomX failure.
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Hueristic
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November 12, 2019, 02:30:03 AM |
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An article worth reading reading Coinbase's view of Proof of Work: https://blog.coinbase.com/how-coinbase-views-proof-of-work-security-f4ba1a139da0"Claim one: It is a security feature for a particular coin’s mining operations to be the dominant application of the hardware used to mine that coin."
If this statement is correct, and I think it is, then the whole XMR's strategy of forking the hashing algorithm to foster CPU mining is unintelligent. You can read my response to the article here: https://www.reddit.com/r/Monero/comments/du2m7i/coinbase_blog_criticizes_monero_pow_philosophy/f71lt09/Let's stop forking the hashing algorithm after RandomX (which will fail to achieve the stated goal, like every other attempt) and embrace specialized mining. Enough time has been lost.
That's the intent, i.e., the current 'contingency' plan is to switch to an ASIC friendly algorithm (such as SHA3) in case of a RandomX failure. I havn't read that article and won't bother but one thing I think is over looked is that botnets are a net plus for securing the Monero eco system and we will lose them with sha3. Or a large portion of them I would think.
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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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joroz
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November 12, 2019, 05:11:08 AM |
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Let's stop forking the hashing algorithm after RandomX (which will fail to achieve the stated goal, like every other attempt) and embrace specialized mining. Enough time has been lost.
That's the intent, i.e., the current 'contingency' plan is to switch to an ASIC friendly algorithm (such as SHA3) in case of a RandomX failure. Has the SHA3 algorithm been developed and is it ready for deployment? If not, then it’s not a contingency plan.
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Hueristic
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November 12, 2019, 05:30:25 AM |
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Let's stop forking the hashing algorithm after RandomX (which will fail to achieve the stated goal, like every other attempt) and embrace specialized mining. Enough time has been lost.
That's the intent, i.e., the current 'contingency' plan is to switch to an ASIC friendly algorithm (such as SHA3) in case of a RandomX failure. Has the SHA3 algorithm been developed and is it ready for deployment? If not, then it’s not a contingency plan. Yeah, its been around awhile. released by NIST on August 5, 2015 https://en.wikipedia.org/wiki/SHA-3
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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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obit33
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November 13, 2019, 01:07:57 PM |
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Globb0
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November 14, 2019, 10:28:58 PM |
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Some positive moves, still not topping in RSI terms
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cAPSLOCK
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November 15, 2019, 12:31:10 AM |
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Unfortunately the volume is really low. So I think this represents a lack of selling pressure more than anything else. Miners are starting to hold XMR more. I find it interesting that hashrate has been SO insanely stable since the last hard fork. It clobbered the first area of resistance at .007-.0073. And it has parked at around the second area of .0075. The are i am looking at is ! .00775 If we are able to push decisively above that I am not sure there is a lot of technical resistance above it to even .01. I just made all that crap up and typed it in here. I have NO idea what I am talking about. But I still wonder what is going to happen?!?
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Hueristic
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November 15, 2019, 12:39:01 AM |
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Some positive moves, still not topping in RSI terms Unfortunately the volume is really low. So I think this represents a lack of selling pressure more than anything else. Miners are starting to hold XMR more. I find it interesting that hashrate has been SO insanely stable since the last hard fork. It clobbered the first area of resistance at .007-.0073. And it has parked at around the second area of .0075. The are i am looking at is ! .00775 If we are able to push decisively above that I am not sure there is a lot of technical resistance above it to even .01. I just made all that crap up and typed it in here. I have NO idea what I am talking about. But I still wonder what is going to happen?!? I love seeing lines on charts and bullish talk and never check if the lines are correct nor the analysis as it never changes my buying strategy anyway. But I still love it.
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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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cAPSLOCK
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November 19, 2019, 01:29:47 AM |
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Hueristic
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November 19, 2019, 02:08:32 AM |
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Well this is huge, time to warn the guys to dump.
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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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smooth (OP)
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November 19, 2019, 08:26:36 AM |
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Well this is huge, time to warn the guys to dump. It's not that huge. The main thing that got deflated here was the hype about MW being a strong privacy technology when in fact it has always been weak privacy with some other benefits, and sober (non-hype) review and analysis has said that all along. Then again, I guess given the level of hype with this one (more than most, to say the least), deflating that could indeed be seen as somewhat huge.
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