Unveiling the truth over the major Monero scam

[iCEBREAKER]

so shady with your highly inflationary unfair emission curve.
 
what is the exact total number of bitmonreo's that will be mined?
wheres that graphic? hidden away somewhere?

https://monerobase.com/Emission

Omg, those evil Monero devs hid the emission details in the OP, where nobody would ever think to look!

Does this call for a Scam Accusation, or should I just leave negative trust?

MM, you can buy XMR for about 40 cents right now.  Don't complain when they are worth more than 1 BTC or oz of gold some day!

Since you don't like instamined coins unless the name of the instamined coin is DASH, you'll be happy to find XMR wasn't "accidentally" instamined, and its theoretical emission has always been very close to the actual.

[Vanderi]

This thread is so saturated with fail it's embarrasing. Nothing "major" has been "unveiled" whatsoever, has it?
Sure, the xmr crew is feisty but guess what, that's what happens when you bully the smart kid in school long enough, he will eventually take his backpack off and fucking knock you out with it.
Big lessons in life, it's a shitty thing people like othe and smooth needs to hand them out to you.

Again, what a fucking embarrasing joke for a thread. Make no mistake, those that matter will take note of what is going on here.

[MasterMined710]

I'm going to leave this here. 

I personally won't buy cloak because of the 7 day proof of work instamine.

LOL ^. But maybe to them it was a "FEATURE" hahaha


I guess instamining Dash in 2-3 days is GOOD....

than instamining Cloak for 7 days which is BAD 

lol, boy you're wasting lots of time and digging deep aren't you. i made pretty good call on avoiding cloak yes i know thank you. i warned people about xc too and now monero these days.

my problem with the cloak instamine was that they mined the total initial coin supply (4.5m) in 7 days and went to a highly inflationary 6% POS reward. this unfairly gave all the coins that could ever be mined to a very small group of people who then staked it @ a whooping 6% and controlled the supply. i knew that type of distribution model was doomed to fail.

 i feel the same way about the highly inflationary monero emission curve where ~ half the coins were mined in the first year and will have "Roughly 86% mined in 4 years".
bitcoin is almost 7 years old and only has 75% mined. and the btc block reward is fixin to half and it will take them another 4+ years to get to monero's 86%.
so it will take btc (& ltc) ~11+ years to get to ~86% and monero only 4 years. it will probably take dash another 20 years to get to 86%.

here's more of what i said about cloak around that time...
"Cloakcoin had a failed Ninja launch with a 7 day pow 4.5 million coin instamine that has a 6% pos inflation issue. it's also a self-moderated thread that has been censored to cover up launch issues."

reminds me of the monero launch issues and purposely confusing multiple threads started in the wrong place by a admitted scam dev pushing a crippled miner. a dev that is probably still involved but with a new anon nick like smooth or smothie or fluffy, who knows.

[othe]

blalblablabla Cloak blaa, who gives a fuck you said this about monero:

the crippled hash things is fixed (right?) and doesn't concern me as it only affected like 2% from what i saw which is super fair in the cryptocoin world.
the only other thing i can think of now is the issue of inflation,  4 years pow if i'm not mistaken?
 some have also questioned the pow algo cryptonite because i guess it's new and cryptographically unproven but getting professionally audited at some point?
seems like y'all have a great team working on things and i'll definitely consider putting some btc into your project.

So it´s all perfect or are you lying to yourself once again? What a miserable piece of crap you are :-)

reminds me of the monero launch issues and purposely confusing multiple threads started in the wrong place by a admitted scam dev pushing a crippled miner. a dev that is probably still involved but with a new anon nick like smooth or smothie or fluffy, who knows.

Shit that never happened, lier.

[MasterMined710]

so shady with your highly inflationary unfair emission curve.
 
what is the exact total number of bitmonreo's that will be mined?
wheres that graphic? hidden away somewhere?

https://monerobase.com/Emission

Omg, those evil Monero devs hid the emission details in the OP, where nobody would ever think to look!

Does this call for a Scam Accusation, or should I just leave negative trust?

lol, yeah i was being lazy and did not want to hunt the info, thanks.
but where are y'all hiding the hyper inflationary emission curve graphic? that's the scary looking one i was looking for but it was nowhere to be found on that link. it shows the 4 year, 86% fastmine in graphic detail and gives me nightmares.
surly y'all weren't able to scrub all the copies of that
i'll try and find it later and post it.
 

[othe]

WHY ARE YOU NOT RESPONDING TO THE LIE ACCUSATIONS DASH SCAMMER?


DASH SCAM EMISSION

[MasterMined710]

Here is the best quote from MasterMined hyprocite

thanks. after reading anonymints back and forth with you guys i was under the impression that pruning the bc was questionable and he seems to think it can't be done. it way over my head but he does seem to know his stuff. to clarify he did say it's not possible right? i saw the bbr guy pruned or is pruning some stuff but anonymint claims it's not near enough, correct?

i've seen people talk about the transaction provability part several times but forget the specific phrase they used. i'll check into it and get back to you.

so if i send you some xmr for something and you say you did not get it is there a transaction hash on the bc i can point to and prove it?

thanks for your time.

Both AnonyMint and I agree that pruning, in the Bitcoin sense of the term, is not possible with any of the CryptoNote currencies. That does not mean that other reductions in storage aren't possible, but there will always be a need to keep more data than with Bitcoin and its clones. Specifically, the utxoset *and* the key image set is required, and the key image set is unpruneable. The pruning that BBR does is to remove ring signature proofs, a purely linear pruning and one that I am hesitant about from a cryptographic soundness perspective.

You get a transaction ID for your transaction, most definitely. Here's a transaction of 335 XMR sent to my Monero address (49VNLa9K5ecJo13bwKYt5HCmA8GkgLwpyFjgGKG6qmp8dqoXww8TKPU2PJaLfAAtoZGgtHfJ1nYY8G2 YaewycB4f72yFT6u) on all 3 block explorers:

http://monerochain.info/tx/047c2c11632120f7cd1565c312f94f76135a45f0b2194bbe958826280878fc3d
http://chainradar.com/xmr/transaction/047c2c11632120f7cd1565c312f94f76135a45f0b2194bbe958826280878fc3d
https://minergate.com/blockchain/mro/transaction/047c2c11632120f7cd1565c312f94f76135a45f0b2194bbe958826280878fc3d

As you can see, there's no way to track where it came from, where it went to, or even ascertain the correct amount. However, the very act of being able to provide the transaction ID to me (coupled with me receiving it) is normally sufficient to prove a transaction, since only the sender and recipient will know the transaction ID and the amount.

Of course, this isn't the robust or cryptographically sound way of doing it, which is why we're adding tooling to allow someone to reveal the one-time key (which is different to the transaction ID) for their transaction, and the person (or persons) they send that key to can see the exactly details of their transaction on a blockchain explorer or similar. In other words, this functionality is inherent in the protocol and in each transaction, but we just have to give people the ability to both retrieve this information and for someone else to verify it.

great info man, thanks. the one-time key feature will solve the provability problem i've seen brought up but i still can't think of the damn technical name they were using
sounds like what bitshares x is doing with a secret key to prove transaction to a third party type escrow. the whole anon scene is very exciting!

only other real issues is the bloating and (visa level) scalability that anonymint always talks about. what are y'alls plans to fix that?
the crippled hash things is fixed (right?) and doesn't concern me as it only affected like 2% from what i saw which is super fair in the cryptocoin world.
the only other thing i can think of now is the issue of inflation,  4 years pow if i'm not mistaken?
 some have also questioned the pow algo cryptonite because i guess it's new and cryptographically unproven but getting professionally audited at some point?
seems like y'all have a great team working on things and i'll definitely consider putting some btc into your project.


what's your thoughts on bitshares x anon feature titan?

http://wiki.bitshares.org/index.php/TITAN
https://www.youtube.com/watch?v=MDvXZMQNnhE

Delegated Proof of Stake - Let's Talk Bitcoin Episode 129
https://www.youtube.com/watch?v=SdBpoRLmrbA&list=WL#t=726

a perfect example of GREED FUCKS BRAIN

i admit i was scammed and lied to by fluffy and smooth and at first believed them when they said the cripplemine only affected 2% of the total coin supply. turns out it's more like double that maybe even triple.
keep digging and reading my post and you will see me figure out their lies with help from others and then call fluffy and smooth out for pushing the 2% cripplemine lie on noobs.

[MasterMined710]

WHY ARE YOU NOT RESPONDING TO THE LIE ACCUSATIONS DASH SCAMMER?

because there are no articulable accusations. if so what are they?

remember, this is a monero scam thread not a dash thread. please try and stay on topic.

[othe]

There was only one line crippled idiot; that was fixed fast.

The rest was archived using engineering, like AES hardware implementations, nothing todo with crippling. Every minersoft gets faster and faster, happened on BTC, LTC and DASH etc.
https://github.com/monero-project/bitmonero/commit/3cc45e9324a402aee91e2f46861b2ca393d711aa



The X11 PoW in DASH is still unoptimized but you guys don´t give a fuck about it. Maybe give Wolf0 a bounty and he helps you out.



Go on with your lies, dig DASHs scammerhole deeper and deeper ))

WHY ARE YOU NOT RESPONDING TO THE LIE ACCUSATIONS DASH SCAMMER?

because there are no articulable accusations. if so what are they?

remember, this is a monero scam thread not a dash thread. please try and stay on topic.

Totally ontopic because the DASH SCAMMERS spread lies here over and over :-)) Prolly teamed up with the Bytecoin scammers, scammers are often working together, who would be surprised.

[jeremy grol]

Why monero was a scam? Will read thread carefully later.

[qwizzie]

Why monero was a scam? Will read thread carefully later.

its certainly an interesting thread to read ..
(as are the comments)

[MasterMined710]

WHY ARE YOU NOT RESPONDING TO THE LIE ACCUSATIONS DASH SCAMMER?

because there are no articulable accusations. if so what are they?

remember, this is a monero scam thread not a dash thread. please try and stay on topic.

Totally ontopic because the DASH SCAMMERS spread lies here over and over :-)) Prolly teamed up with the Bytecoin scammers, scammers are often working together, who would be surprised.

non responsive, like i said there are no articulable accusations.

you never did smoke that joint we talked about did you? i'm tell you bro, you're gonna stroke out if you don't take it down a notch.

[bigfryguy]

Why monero was a scam? Will read thread carefully later.

as I said before I dont think XMR is a scam.....

 maybe a little fishy in its original distribution, but Ill throw Dash and hell almost all other altcoins into that same boat....

cryptonote tech is a very useful anon tech, and monero seems to be one of the best decentralized versions of it.  
the only reason I pulled out of XMR was because I have been on the other side of their constant badgering, (and not only in VNL, I was a supporter of XMR in its early days, and had dreams of becoming an XMR whale once apon a time), but now am tired of how as a community they have become destructive to bitcointalk and altcoins in general.

if you want to get a better read on this topic remove all the usual sockpuppet flamers ie. ignore icebreaker othe, smoothie, vanderi etc the guys who yell scam at anything not ProXMR.
there are some good replys from smooth and other XMR supporters though.

as per usual though at least half of the stuff in here is nonsense and rhetoric.

have fun.

side note:  I bet I am not the only one who has decided to stay away from XMR because of this, there constant flaming has done the project way more damage than good, and the market agrees with me.

[othe]

Why monero was a scam? Will read thread carefully later.

as I said before I dont think XMR is a scam.....

 maybe a little fishy in its original distribution, but Ill throw Dash and hell almost all other altcoins into that same boat....

cryptonote tech is a very useful anon tech, and monero seems to be one of the best decentralized versions of it.  
the only reason I pulled out of XMR was because I have been on the other side of their constant badgering, (and not only in VNL, I was a supporter of XMR in its early days, and had dreams of becoming an XMR whale once apon a time), but now am tired of how as a community they have become destructive to bitcointalk and altcoins in general.

if you want to get a better read on this topic remove all the usual sockpuppet flamers ie. ignore icebreaker othe, smoothie, vanderi etc the guys who yell scam at anything not ProXMR.
there are some good replys from smooth and other XMR supporters though.

as per usual though at least half of the stuff in here is nonsense and rhetoric.

have fun.

Date Registered:    September 18, 2015, 06:19:44


Hello Vanillacoin scammer,
it has been proofen multiple times that johnconner is a scammer, even gmaxwell called him out.

Here he lied again:

Author
John Connor

Now where have I heard that name on this forum?

I skimmed over the white paper. Honestly looks like a lot of hand waving. Perhaps there is something notable in there but if there is I don't see it.

Does not appear to be math/proof based...just snippets of code which supposedly "fix" bitcoin's problems.

Prove it with math and an actual proof (actual examples) not hand waving.


Also...

Randomports
Random ports are used as to not advertise to the world that we are operating a cryptographic currency node.

And there are no drawbacks to using random ports?

I'm pretty sure randomizing the ports between nodes will cause some problems in some ways. This has not been discussed at all that whitepaper.

Is this a half-baked whitepaper?

Monero doesnt't even have a whitepaper because it's a copy and paste job. They got caught with a fake white paper in fact. Solo mined for 3 months. Yes, I've seen the fraud in the XMR blockchain. I will post the data for everyone. I have code, you have only a bagful of sock puppets with no coding skills. You all make me laugh. Your Scam is coming to a close now and the market confirms this. Good luck in prison.

Thank you for your support.

Don´t worry we will call you scammers out as often as it´s needed :-)

[bigfryguy]

I can only assume that is othe using the word scam to fill in the lack of intelligence between his ears......

Thank God I have an ignore button

[MasterMined710]

off topic spam snipped....

Don´t worry we will call you scammers out as often as it´s needed :-)

as long as you keep bumping this thread i'm happy.

some of my main concerns can be found on page 27...
https://bitcointalk.org/index.php?topic=755840.520

[Ayers]

Why monero was a scam? Will read thread carefully later.

in a nutshell it's because there were some instaminers at early stage akin to nxt, but with a less worse impact than nxt
it was not launched so transparently, let's say this

[othe]

Why monero was a scam? Will read thread carefully later.

in a nutshell it's because there were some instaminers at early stage akin to nxt, but with a less worse impact than nxt
it was not launched so transparently, let's say this

That is a plain misinformation, it was never "instamined", the emission curve worked out pretty perfect, due to difficulty adjustments after every block.

[smooth]

Why monero was a scam? Will read thread carefully later.

in a nutshell it's because there were some instaminers at early stage akin to nxt, but with a less worse impact than nxt
it was not launched so transparently, let's say this

That is a plain misinformation, it was never "instamined", the emission curve worked out pretty perfect, due to difficulty adjustments after every block.

Perfect is even an understatement. It was damn near clockwork. The first 5 blocks were instamined at low difficulty but the 6th block had difficulty that overshot high a bit and perhaps some bad luck causing a 5 minute delay. After about 5 minutes there were 6 blocks mined.

The comparison to Nxt is absurd anyway, that was 100% ICO.

[bigfryguy]

Why monero was a scam? Will read thread carefully later.

in a nutshell it's because there were some instaminers at early stage akin to nxt, but with a less worse impact than nxt
it was not launched so transparently, let's say this

That is a plain misinformation, it was never "instamined", the emission curve worked out pretty perfect, due to difficulty adjustments after every block.

Perfect is even an understatement. It was damn near clockwork. The first 5 blocks were instamined at low difficulty but the 6th block had difficulty that overshot high a bit and perhaps some bad luck causing a 5 minute delay. After about 5 minutes there were 6 blocks mined.

The comparison to Nxt is absurd anyway, that was 100% ICO.

agreed NXT and XMR have nothing in common, that was absurd. maybe a typo?