Monero

[pandher]

Anyone following Monero here?

[1713865049]

1713865049

[1713865049]

1713865049

[newIndia]

Anyone following Monero here?

Belongs to => https://bitcointalk.org/index.php?board=125.0

[sgk]

Anyone following Monero here?

I used to own a few of them, lost interest a while ago. Sold all.
To me it is nothing but a bot-mined clone of Bytecoin. It was hyped in name of fair distribution, but nothing great to offer.

Bytecoin was the first and original cryptonote coin and I appreciate that.

[legendster]

Any kind of Alternate crypto currency is almost a sure shot sinking ship, unless they can introduce some game changing upgrades.

[pandher]

Anyone following Monero here?

Bytecoin was the first and original cryptonote coin and I appreciate that.

Tenebrix was the original scrypt coin, but premined. A clone litecoin succeeded because it was fair

[pandher]

Any kind of Alternate crypto currency is almost a sure shot sinking ship

There is a common trait among highly successful people. They can adapt or change themselves to the next best opportunity. They are not emotionally stuck anywhere

unless they can introduce some game changing upgrades

Monero infact is not an upgrade, heck not an alternative even.

Its a complement to the public ledger called blockchain. Its the anonymous system for the well needed stealth transactions. Its not based on bitcoin codebase, its coded from scratch. Uses a different protocol, the cryptonote protocol.

[RocketSingh]

Any kind of Alternate crypto currency is almost a sure shot sinking ship

There is a common trait among highly successful people. They can adapt or change themselves to the next best opportunity. They are not emotionally stuck anywhere

unless they can introduce some game changing upgrades

Monero infact is not an upgrade, heck not an alternative even.

Its a complement to the public ledger called blockchain. Its the anonymous system for the well needed stealth transactions. Its not based on bitcoin codebase, its coded from scratch. Uses a different protocol, the cryptonote protocol.

Is it CPU/GPU minable or PoS ?

[pandher]

Is it CPU/GPU minable or PoS ?

CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates

[RocketSingh]

Is it CPU/GPU minable or PoS ?

CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates

Are memory bound coins confined to CPU/GPU mining or there are also some specialized hardware for them ? How much RAM you think is good on a CPU to mine Monero ? Is it minable by Pentium-III machine ?

[pandher]

Are memory bound coins confined to CPU/GPU mining or there are also some specialized hardware for them ? How much RAM you think is good on a CPU to mine Monero ? Is it minable by Pentium-III machine ?

For the time being no ASIC hardware exists, even if it did, no gigantic power increase would be seen.

For all your questions, here's the thread - https://bitcointalk.org/index.php?topic=583449.0

[RocketSingh]

Are memory bound coins confined to CPU/GPU mining or there are also some specialized hardware for them ? How much RAM you think is good on a CPU to mine Monero ? Is it minable by Pentium-III machine ?

For the time being no ASIC hardware exists, even if it did, no gigantic power increase would be seen.

For all your questions, here's the thread - https://bitcointalk.org/index.php?topic=583449.0

Can you please tell me what does Monero mean ? I mean does it have any meaning or just a name ?

[chronicsky]

Can you please tell me what does Monero mean ? I mean does it have any meaning or just a name ?

It is an alt coin which you can mine from your CPU/GPU

Read here for more details:

https://bitcointalk.org/index.php?topic=583449.0

[pandher]

Can you please tell me what does Monero mean ? I mean does it have any meaning or just a name ?

Monero means money in esperanto