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
Topic: Monero (Read 6556 times)
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://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449
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://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449
Can you please tell me what does Monero mean ? I mean does it have any meaning or just a name ?
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://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449
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 ?
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
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
Quote from: legendster
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 ?
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
Quote from: legendster
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.
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
Any kind of Alternate crypto currency is almost a sure shot sinking ship, unless they can introduce some game changing upgrades.
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.
Anyone following Monero here?
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