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Author Topic: [XMR] Monero Speculation  (Read 3214938 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 2 users deleted.)
dEBRUYNE
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November 11, 2019, 06:42:58 PM
 #41461

CLI v0.15.0.0 'Carbon Chamaeleon' released!

https://www.reddit.com/r/Monero/comments/dtt2j3/cli_v01500_carbon_chamaeleon_released/


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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November 11, 2019, 06:45:30 PM
 #41462

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.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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November 12, 2019, 02:30:03 AM
 #41463

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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November 12, 2019, 05:11:08 AM
 #41464

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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November 12, 2019, 05:30:25 AM
 #41465

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.

Quote
released by NIST on August 5, 2015

https://en.wikipedia.org/wiki/SHA-3

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November 12, 2019, 05:55:22 PM
Merited by Hueristic (2)
 #41466

This youtube video was posted on the wo thread, passing it along....

Quote
Monero Is The Second Coming of Bitcoin - The Crypto Vigilante Team on Monero Talk

https://www.youtube.com/watch?v=OxZ5jpNJNz0&feature=youtu.be&t=1040
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November 13, 2019, 01:07:57 PM
Merited by Hueristic (2)
 #41467

This youtube video was posted on the wo thread, passing it along....

Quote
Monero Is The Second Coming of Bitcoin - The Crypto Vigilante Team on Monero Talk

https://www.youtube.com/watch?v=OxZ5jpNJNz0&feature=youtu.be&t=1040

Let's see:
https://www.tradingview.com/chart/XMRUSD/pNIPqOzB-Monero-Is-The-Second-Coming-of-Bitcoin/
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November 14, 2019, 10:28:58 PM
 #41468




Some positive moves, still not topping in RSI terms
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November 15, 2019, 12:31:10 AM
 #41469

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. Smiley  But I still wonder what is going to happen?!?
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November 15, 2019, 12:39:01 AM
 #41470




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. Smiley  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. Grin

But I still love it. Cheesy

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November 19, 2019, 01:23:02 AM
 #41471

Interesting privacy sector news...  What do you guys make of it?  (I wish people would stop quoting Vitalik though)

https://cointelegraph.com/news/researcher-breaks-grins-privacy-spending-just-60-per-week
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November 19, 2019, 01:29:47 AM
Merited by Hueristic (1)
 #41472

This is the actual article by the researcher:

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52
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November 19, 2019, 02:08:32 AM
 #41473



Well this is huge, time to warn the guys to dump. Smiley

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November 19, 2019, 08:26:36 AM
 #41474



Well this is huge, time to warn the guys to dump. Smiley

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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November 19, 2019, 10:59:25 AM
Merited by Hueristic (1)
 #41475



Well this is huge, time to warn the guys to dump. Smiley

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.
The  cut-throughs don't successfully eliminate data, because surely some entity logs all the transactions in real time and stores the data.  And there you have it, a full blockchain.
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November 19, 2019, 03:32:33 PM
 #41476

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

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November 19, 2019, 04:32:55 PM
 #41477

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

I just read about it. Apparently for 35 minutes download links on getmonero.org for new CLI were changed. https://np.reddit.com/r/Monero/comments/dyfozs/security_warning_cli_binaries_available_on/

Locks are for honest people. They all can be broken. What is nice to see is that it was noticed in 35 minutes.


Oh and GRIN main trait is how scalable it is and not how unlikable are its transactions.  If you look here on this 14 videos of Breaking Monero. https://www.youtube.com/playlist?list=PLsSYUeVwrHBnAUre2G_LYDsdo-tD0ov-y  And see how many possible attacks were/are to increase chances for attacker to link Monero transactions. Then you can imagine how many episodes can someone make about Grin.

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November 19, 2019, 04:37:45 PM
Merited by Hueristic (1)
 #41478

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

I just read about it. Apparently for 35 minutes download links on getmonero.org for new CLI were changed. https://np.reddit.com/r/Monero/comments/dyfozs/security_warning_cli_binaries_available_on/

Locks are for honest people. They all can be broken. What is nice to see is that it was noticed in 35 minutes.

perhaps someone can automate a test from now on so it can be constantly checked
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November 19, 2019, 04:46:44 PM
 #41479

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

I just read about it. Apparently for 35 minutes download links on getmonero.org for new CLI were changed. https://np.reddit.com/r/Monero/comments/dyfozs/security_warning_cli_binaries_available_on/

Locks are for honest people. They all can be broken. What is nice to see is that it was noticed in 35 minutes.

perhaps someone can automate a test from now on so it can be constantly checked

It is also possible to use cryptography to accomplish this goal.
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November 19, 2019, 11:36:46 PM
 #41480

The  cut-throughs don't successfully eliminate data, because surely some entity logs all the transactions in real time and stores the data.  And there you have it, a full blockchain.

You can bet your Last Romero there are full logging sniffer nodes on this from day one.

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