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Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 55. (Read 639542 times)

donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
-I'm now purposely choosing not to read the answer because I struggle with reading comprehension-

Welcome to my ignore list! You are one of two people that has proved so bizarrely retarded that I can no longer stomach reading your puerile vomit without feeling quite ill.
sr. member
Activity: 392
Merit: 255
No disrepect Fluffy but that is a deflection.

I would like to get an answer to this, I think it's fair seeing as you are here making the accusation

you said:

absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency.

Stop trying to deflect.

I am asking:

"Pre" - means - "before" - as in "before the launch".

You are saying that CMC listing is correct because Dark were mined before the launch.


What is your proof?

You see, it's this sort of behaviour that makes me wonder if you're either incredibly stupid or just trolling. I replied to that already. Best you read up, son: https://bitcointalksearch.org/topic/m.11214972

This sort of behaviour?

And where does it say that "significantly premined" is a generalization?

Premine term in crypto is a specific term that means Devs solo mine their currency before public launch

That's why we have a seperate term to describe situations where the Dev let others join the launch but the emission was high - "instamine" - and a third term for when the instamining dev doesn't deliver and dumps their coins - "instamine scam"

I call again for you to backup specifically how Dash is now a "premine" instead of an "instamine" as your dev team were posting hundreds of times in the last few weeks alone

If you can't, then you sir are disingenuous.  And given your position that as a Monero holder you would benefit from this, suggests something a lot worse.

Proof of premine please...

Another thing I find interesting is that the average block reward for the first 4500 Dash blocks (ie. the first 32.8 hours) is 443 Dash.

The average block reward for the 70 000-odd blocks since then is 33.5 Dash. What an incredible difference!

Truly, the gods must have shined upon those miners, as they simultaneously punished those who perhaps fell ill and didn't check Bitcointalk for a day. It really is clear that this is just a happy accident.

Sorry to press the point FluffyPony but this is the 4th time I am having to ask you to backup the specific accusation you made that Dash is a premine.

Forgive me for pressing the point, but Dash is the leading anon coin and key competitor to Monero from your perspective.

If you accuse the Dash dev of mining coins before the launch in this case I think it's fair to demand an answer as to what evidence you have that anyone solo mined Dash before the public launch?

Please address this specifically, it's not fair on this thread to keep having to ask the same question.

By means of a direct comparison, where Dash's average block reward for the first 4500 blocks was 443 Dash, and 33.5 Dash on average thereafter, let's look at Monero's.

For the first 4500 blocks (like an hour and a bit) the block reward was 17.5 XMR. The average block reward for the 12+ months thereafter is 13.7 XMR.

Do you see the dichotomy?

You are just describing the emission after the public launch...

This is the 5th time I have had to ask this.  You have been saying "instamine" for weeks, now you are saying "premine" and I am just asking a simple question why and what is your evidence..

What is you're evidence that coins were mined before the public launch (pre-mine)

If you don't have evidence as I suspect can you correct your statements please?
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
-I refused to read the answer to that question, so I have to keep asking to make it look like I'm right and fluffypony is wrong-

By means of a direct comparison, where Dash's average block reward for the first 4500 blocks was 443 Dash, and 33.5 Dash on average thereafter, let's look at Monero's.

For the first 4500 blocks (like an hour and a bit) the block reward was 17.5 XMR. The average block reward for the 12+ months thereafter is 13.7 XMR.

Do you see the dichotomy?
legendary
Activity: 2968
Merit: 1198
what evidence you have that anyone solo mined Dash before the public launch?

Please address this specifically, it's not fair on this thread to keep having to ask the same question.

I answered you. The time of the "public launch" was very ambiguous. Evan said it was going to be in a few days, then he said tomorrow at the earliest, and "definitely" not in several hours. Then he gave a two hours notice and launched it anyway.

So when was this official "public launch"? Was it in a few days from Evan's statement? Was it tomorrow at the earliest? Was it not in several hours? Or was it two hours after his final notice?

There are many reasonable ways to interpret the mining as happening before the promised "public launch" and only one (maybe) reasonable way to interpret it has having happened after the "public launch". You really have to go out of your way to interpret it in the most favorable possible way for the mining to have not taken place before it should have, and even then, you are still left with a huge instamine over the next 1-30 hours.

Here are two guys at least who apparently weren't on the same page with this alleged "public launch"

Launch is being moved to 11PM EST!

... seriously?


Just woke up to this Sad How many hours have I lost?
sr. member
Activity: 392
Merit: 255
No disrepect Fluffy but that is a deflection.

I would like to get an answer to this, I think it's fair seeing as you are here making the accusation

you said:

absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency.

Stop trying to deflect.

I am asking:

"Pre" - means - "before" - as in "before the launch".

You are saying that CMC listing is correct because Dark were mined before the launch.


What is your proof?

You see, it's this sort of behaviour that makes me wonder if you're either incredibly stupid or just trolling. I replied to that already. Best you read up, son: https://bitcointalksearch.org/topic/m.11214972

This sort of behaviour?

And where does it say that "significantly premined" is a generalization?

Premine term in crypto is a specific term that means Devs solo mine their currency before public launch

That's why we have a seperate term to describe situations where the Dev let others join the launch but the emission was high - "instamine" - and a third term for when the instamining dev doesn't deliver and dumps their coins - "instamine scam"

I call again for you to backup specifically how Dash is now a "premine" instead of an "instamine" as your dev team were posting hundreds of times in the last few weeks alone

If you can't, then you sir are disingenuous.  And given your position that as a Monero holder you would benefit from this, suggests something a lot worse.

Proof of premine please...

Another thing I find interesting is that the average block reward for the first 4500 Dash blocks (ie. the first 32.8 hours) is 443 Dash.

The average block reward for the 70 000-odd blocks since then is 33.5 Dash. What an incredible difference!

Truly, the gods must have shined upon those miners, as they simultaneously punished those who perhaps fell ill and didn't check Bitcointalk for a day. It really is clear that this is just a happy accident.

Sorry to press the point FluffyPony but this is the 4th time I am having to ask you to backup the specific accusation you made that Dash is a premine.

Forgive me for pressing the point, but Dash is the leading anon coin and key competitor to Monero from your perspective.

If you accuse the Dash dev of mining coins before the launch in this case I think it's fair to demand an answer as to what evidence you have that anyone solo mined Dash before the public launch?

Please address this specifically, it's not fair on this thread to keep having to ask the same question.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
-scam supporting nonsense-

Another thing I find interesting is that the average block reward for the first 4500 Dash blocks (ie. the first 32.8 hours) is 443 Dash.

The average block reward for the 70 000-odd blocks since then is 33.5 Dash. What an incredible difference!

Truly, the gods must have shined upon those miners, as they simultaneously punished those who perhaps fell ill and didn't check Bitcointalk for a day. It really is clear that this is just a happy accident.
sr. member
Activity: 392
Merit: 255
No disrepect Fluffy but that is a deflection.

I would like to get an answer to this, I think it's fair seeing as you are here making the accusation

you said:

absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency.

Stop trying to deflect.

I am asking:

"Pre" - means - "before" - as in "before the launch".

You are saying that CMC listing is correct because Dark were mined before the launch.


What is your proof?

You see, it's this sort of behaviour that makes me wonder if you're either incredibly stupid or just trolling. I replied to that already. Best you read up, son: https://bitcointalksearch.org/topic/m.11214972

This sort of behaviour?

And where does it say that "significantly premined" is a generalization?

Premine term in crypto is a specific term that means Devs solo mine their currency before public launch

That's why we have a seperate term to describe situations where the Dev let others join the launch but the emission was high - "instamine" - and a third term for when the instamining dev doesn't deliver and dumps their coins - "instamine scam"

I call again for you to backup specifically how Dash is now a "premine" instead of an "instamine" as your dev team were posting hundreds of times in the last few weeks alone

If you can't, then you sir are disingenuous.  And given your position that as a Monero holder you would benefit from this, suggests something a lot worse.

Proof of premine please...
legendary
Activity: 1288
Merit: 1000
-snip-

You call youurself a dev and you dont know what premine is. What a moron. DASH was not premined, and displaying it like that is incorrect and unprofessional from a site claiming to know what its doing.
+1

To say "** Significantly Premined"

It's simply FALSE!
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
No disrepect Fluffy but that is a deflection.

I would like to get an answer to this, I think it's fair seeing as you are here making the accusation

You see, it's this sort of behaviour that makes me wonder if you're either incredibly stupid or just trolling. I replied to that already. Best you read up, son: https://bitcointalksearch.org/topic/m.11214972
sr. member
Activity: 392
Merit: 255
So this is the Monero lead dev and owner of MyMonero.com, where aparently 50% of Monero wallets reside.

We've published absolutely no stats, and it's impossible to determine how many Monero "wallets" there are, so where do you get that figure from? Stop lying, BlockaFett, it's unbecoming and unprofessional.

No disrepect Fluffy but that is a deflection.

I would like to get an answer to this, I think it's fair seeing as you are here making the accusation

you said:

absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency.

Stop trying to deflect.

I am asking:

"Pre" - means - "before" - as in "before the launch".

You are saying that CMC listing is correct because Dark were mined before the launch.


What is your proof?
legendary
Activity: 2968
Merit: 1198
"Pre" - means - "before" - as in "before the launch".

It was indeed before the time when Evan said he was going to launch it. I don't know what you call that, but it was certainly pre- something.

Ok now it insta crashes when I type "setgenerate true".

Time to go to bed and try again next week?


Yeah, let's do that. I obviously need to do some more testing. Thanks everyone!

Best thing to do I guess. Please, confirm you won't be launching after some minutes/hours even if you fix it, and the sooner would be tomorrow, thanks.

Definitely not. I'll also follow up with this post when I do set a time.

donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
So this is the Monero lead dev and owner of MyMonero.com, where aparently 50% of Monero wallets reside.

We've published absolutely no stats, and it's impossible to determine how many Monero "wallets" there are, so where do you get that figure from? Stop lying, BlockaFett, it's unbecoming and unprofessional.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
-snip-

You call youurself a dev and you dont know what premine is. What a moron. DASH was not premined, and displaying it like that is incorrect and unprofessional from a site claiming to know what its doing.

You call yourself literate and yet you can't read? What a moron.

The term "significantly premined" is the term that CoinMarketCap uses to refer to both instamined and premined currencies. It's a generalisation, and not a wildly incorrect one, and I was using their terminology.
sr. member
Activity: 392
Merit: 255
absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency.

Stop trying to deflect.

So this is the Monero lead dev and owner of MyMonero.com, where aparently 50% of Monero wallets reside.

He is now saying it is correct to say Dash is a "premine", which is new because until recently he was saying it was an "instamine".

"Pre" - means - "before" - as in "before the launch".

You are saying that CMC listing is correct because Dark were mined before the launch.

Proof now please...

legendary
Activity: 1260
Merit: 1001
This site just lost it's credibility.

Agreed. Anybody who looks at the Dash block explorer can clearly see that no coins were premined. If you want to mark the coin as instamined, that's great, but it's clearly and provably not premined.

I didn't realize they put it down as premined!  Seriously, what language do they speak?
sr. member
Activity: 289
Merit: 250
-snip-

You call youurself a dev and you dont know what premine is. What a moron. DASH was not premined, and displaying it like that is incorrect and unprofessional from a site claiming to know what its doing.
legendary
Activity: 1260
Merit: 1001
This site just lost it's credibility because of a cry baby Monero dev who is a copy cat with no coding skills what so ever. Instead of working to make Monero better he attacks EVAN because he is to much for him to compete with in CODING or getting something new to CRYPTO.

I'm in total agreement
legendary
Activity: 1260
Merit: 1001


So because you weren't there it doesn't matter?  Really?
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
also, thanks for admitting monero had a 12.5% unfair mine. is that 12.5% from the "current coin supply" or the "total coin supply"? your blatant metric deception is confusing everyone.

We're not afraid of discussing Monero's launch because:

1. We didn't launch it, so we had no control over any of those factors.
2. We have not, at all, broken our social contract.

To be specific:

The "glitch" in the obfuscated miner was fixed extremely fast (by NoodleDoodle, one of the core team members), a lot faster than most people remember. At the time it was a pretty big deal.

Specifically, the change was commited May 7th, so ~19 days from launch = 2.58% of initial emission mined up to that point (we have infinite tail emission, but still use the 18.4 million initial emission as a reference point). This was roughly a 2.5x speed improvement over the original (sorry smooth, I was misremembering yesterday). There was an additional speed bump, once AES-NI support was added on May 18th, and that was an additional ~5x speed improvement, so by the time the first month had passed we'd improved the miner efficiency by more than 12x and made those changes publicly available.

A good exercise is to look at a logarithmic hashrate chart for the period:



You can see the initial spike as speculative miners start CPU mining, and then a continual ramp-up, with spikes on May 4th-8th and again on May 19th-20th, but neither of those spikes are orders of magnitude greater than the initial spike.

Remember, too, that at the time the core team that you know and love today didn't know each other. I knew othe a bit (online), but I'd never even had a passing pm with any of the others. Plus the community as a whole, largely spearheaded by those who would become the core team, were in the process of taking it over after things with thankful_for_today were...not working out;) So collusion on any level would have been unlikely, and if we did collude with the intent to scam you can bet we would have run with an improved miner for a lot longer than a couple of days. We would have mined for many months with only small improvements to the hashing function, and added lots of whiz-bang features to build the price up whilst we built up our stash.

Also to add, here's a log chart for all time:



You can see the onboarding of speculative miners and the improvements in hashing efficiency up till 2014-05-20, after which all changes were largely inconsequential. At that point 826k XMR had been mined, so we're talking about dga and others competing with our public improvements to the hash function that everyone used for a piece of 4.49% of the initial emission. It was a bit of an arms race, although the miners that were just pulling the changes that were committed to the repo were not at much of a disadvantage (in fact they were probably at an advantage, as they were able to expend more energy spinning up AWS instances since they weren't trying to optimise code:-P )

Indeed, from the moment Monero launched it had binaries for Windows 64-bit *and* Windows 32-bit, plus the other bits and pieces. The logarithmic chart clearly shows that there was nobody pressing any dominant advantage.

But, frankly, this has absolutely nothing to do with Dash being correctly marked as a significantly premined cryptocurrency. Your desperate attempts to deflect that betray your own struggle with acknowledging this, and I completely understand that. But this is not something raised by myself or smooth or any members of the Monero core team (or even a contributor. It's raised by someone who has nothing to do with Monero, and who was provoked by BlockaFett. That's not something we have had any control over.

Stop trying to deflect.
legendary
Activity: 2968
Merit: 1198
you already admitted monero had at least a 2.5% (total coin supply) instamined or "unfair" mining issues.

I did not admit that Monero has any instamine, because it does not.


-snip-

i said instamined "or" unfair mined. whatever you want to call it is fine as long as you admit it.

also, thanks for admitting monero had a 12.5% unfair mine. is that 12.5% from the "current coin supply" or the "total coin supply"? your blatant metric deception is confusing everyone.

I said it could be 12.5% or more depending on how you want to define the concept. I don't know what an "unfair mine" even means. If it means there being some people with better optimized miners than others (which was what I said about 12.5% if you take my comment in context) then dash has certainly had close to a 100% "unfair mine" since I know of private optimized X11 miners that have been around forever and are still being used. I wouldn't be surprised if Monero does too, but I don't know about them specifically since dga's stuff ended. As far as I know at this point the best Monero miner is yam, which is public.


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