Why is the focus on the anonymity in Monero? Shouldn't the focus be on other things BCX alluded to earlier.
Can someone help a noob out, why all the hate for the new alternate currencies?
~BCX~
Haven't seen you in the alts section in a while hows Aura coin doing?
I'm guessing Spoetnik and his boys hate for alts are fueled by their failure to launch shit coins and capitalize on the alt market so now they've basically gone the route of going full retard.
Yeah I have been out of the US for the past few months and busy as hell. I've had a few people PM about looking at another shitcoin called Monero so I did. It took me me less than two hours to find a really big hole.
When are devs going to learn that rapid retarget is an open invitation to an exploit? I'm going to drop a herd or two it till I figure what I am going to do.
It all really depends on what Cryptsy does with it.
~BCX~
* The blockchain will be (and grow) most likely larger than bitcoin one (for the same usage), by a linear factor. Probably something like 5~20 times. Many people don't think it's a problem since it's the price to pay for anonymity. Is this range of numbers not acceptable for you?
If MRO has a goal of being confined to a niche coin used only by people that have an absolute need for anonymity, then a huge block chain that crawls is no issue.
If MRO desires to be a widely accepted form of money transfer and storage, then speed and anonymity will be what puts it out front of all coins. No such coin exist today.
Solve the diff issue, solve the bloat issue, break the known barriers.~BCX~
I wouldn't really classify Monero as a shitcoin, we never had a premine or instamine (like ByteCoin) and the distribution so far has been very fair:
http://monerochain.info/charts/coins @TacoTimeThe main reasons why I bothered with a sandbox instead of a live test.
As far as the 50% scenario you not exactly correct on what it would take to exploit it, but I'm not looking to 51% it at any rate. I am working on optimizing a fork of Claymore and I am willing to bet I still have one of the largest if not the largest GPU farms still assembled but at the moment dormant.
For the time being I am looking at solving the diff issue.Is this your chain?
@HippieTechI distinctly remember your warnings about the impending attack on their servers with BitJohn and some of the regulars playing along by acting concerned/scared.
I don't have any screenshots or chat logs to prove it... yet.
I certainly did and like I said, proper motivation prompted them to solve our issue rather quickly.
~BCX~
I believe there is a difference is opinion on how successful an attack is between the XMR devs and BCX in regards to hashrate and diff as seen below. BCX called out but was rebuffed.
As far as the 50% scenario you not exactly correct on what it would take to exploit it, but I'm not looking to 51% it at any rate. I am working on optimizing a fork of Claymore and I am willing to bet I still have one of the largest if not the largest GPU farms still assembled but at the moment dormant.
6) Like a lot of the devs I have proven wrong time and time over, Fluffy and TT are incorrect about needing 51% to TW a chain. I nailed Auroracoin to the cross with ~20%. At this moment in time it would take me ~22 days to do so. It took me 12 days for AUR.