Topic: monero vs BBR ? - page 2. (Read 2801 times)

I guess you were volunteering to audit the tens of thousands of lines of code with no design documentation and no comments?

For that matter, if you are still volunteering to do this, we have openings, since the process is ongoing.

No, are you dense?

Why did such a bug ever make it past the audit stage? unless there was
1) no audit beyond initial copy and paste, (he team lacked the competence to notice such a trivial un-optimization)
2) or it was intentionally left crippled once again in the monero fork.

BBR never had such a intentional crippling.


I can't pretend to be happy about people not on level playing grounds. The news of private GPU miner was a big negative for BBR and will be constantly brought up. I'm not sure it can ever escape from it.
however premine in my mind usually means mining large amount of early blocks and waiting for huge appreciation..
What do you think exactly happened to those early GPU mined coins? they were held gradually losing value until today?
Large amount was dumped and re-distributed filling market orders in regular batches, of course there was costs associated with mining them that needed to be recouped, and the miners in question seeked a guaranteed quick profit. In this sense there is not a single entity who now controls a huge portion purely from advantaged mining as suggested. (buying is another story)


Ten's of thousands of lines of code maybe but are you suggesting to me no eyes were on slow_hash specifically. Come off it.
I don't have to volunteer to audit the base myself in order to criticize others (the dev team who actually launched the damn thing) for not spotting it..
you know yourself this was an incredibly obvious thing to notice.

So in other words the private GPU miner(s) had a huge early advantage that can never be replicated by anyone ever again in the future. Sounds exactly like an instamine to me.

Okay, you guys are really convincing me to invest in these coins.

So far, it sounds like the only improvements added to each coin was the ability for the devs to mine them better.

That is untrue as the performance of the private GPU miner was limited by the increasing scratchpad size which is now effectively much greater in size than nearly a month ago. The ever increasing scratchpad size decreases the performance of the privite gpu miner by each passing day. As I've stated earlier, the BBR difficulty chart clearly shows appropriate adjustment to changes in the hash rate. Therefore, BBR had a fair launch without any instamine yet was exploited early on by a private GPU miner who has since discontinued his mining operation. Note that the long term hashrate graph and difficulty graph are nearly the same. There is also no evidence of botnet mining.

Hashrate graph: http://bbr.cryptostats.org/charts/hashrate
Difficulty graph: http://bbr.cryptostats.org/charts/difficulty

Are you dense or something? This was code that was part of the original reference CryptoNote code. Had nothing to do with Monero. In fact, it took Monero to fix this "bug".

BBR is not a 'one man show'

About XMR unfair mining;




Speaks volumes about XMR in my mind.

btc-mike is 2nd only developer for boolberry. Crypto_Zoidberg(the first boolberry developer) has also acknowledged the private gpu miner making that much bbr per day. Also, when btc-mike said, " He is making less than a 1/3 of that now.", That was during BBR's pump when the difficulty had risen. Now that the difficulty is back down, the guy with the PGPU is back to making over 4,000 bbr per day, making boolberry an extremely instamined/unfairly mined coin.

Do the math, multiply 6,000(between 5 and 7 thousand) times the first (around 60 days) months boolberry has been out(from april to june), then stop. Now multiply 2,000(between 1,000 and 3,000 during bbr's pump/difficulty rise), then stop. Now multiple 4,000 times 15 days(half a month since difficult has dropped a while ago so hes back to making that much). That would give you 420,000 boolberry that the guy with the private gpu miner has instamined/extremely unfairly mined so far. Take note, that boolberrys total coin supply is only 18million, AND Boolberry has botnets AND a slow emission curve, making the instamine with the PGPU much more worse.

Anyone who buys that instamined coin, bbr, is a fool beyond helping, unless they like instamined coins of course.  

Okay, and have those devs done anything yet? Besides a straight cryptonote clone, that is?
And it may sound superficial, but I think BBR hurt themselves with their naming. It's hard to take a coin seriously when it has a somewhat ridiculous name.

I don't own either coin, so I don't mean it to sound like I'm favoring one or another based on any holdings. Just curious if either coin really improved on the cryptonote code at all.

I think the main reason is that BBR is just a one an show while XMR have a lot of really talanted devs around it.

Monero is better.

What differences are there between the two coins on a technical level? Meaning... has either dev team added something to the cryptonote code, or done anything to really differentiate them?

I'm still waiting for a dev to figure out a solution to the bloat issues with all cryptonote coins. It wouldn't surprise me to see a dev wander in one day with a new coin, have a fix for the bloat + gui wallet, and overshadow all existing cryptonote coins.

There was no instamine on Boolberry coin (BBR) as evidenced by the coin circulation and difficulty adjustment charts. http://bbr.cryptostats.org/charts

However, it has been confirmed that cbuchner1 had created a private GPU miner and mined a significant quantity of coins when the BBR scratchpad size was much  smaller in the weeks following launch. According to him less than 10,000 coins were held at one point as most of them were sold either above market price in Poloniex or outside the market in P2P bulk exchanges. Presently, the BBR scratchpad is large enough where it would be unprofitable for cbuchner1 to continue mining based on the current market price as he would potentially rent out hundreds of EC2 instances meaning that operational cost was incurred.
 
Most if not all of cbuchner1's coins were sold in last month's pump as he had once stated earlier in mid July that his BBR mining operation will be significantly down sized. The continued decline in price is primarily due to less community adoption and less investor buy support relative to Monero which has more momentum and marketing despite the technical innovation in BBR allowing for a compact blockchain with faster synchronization. Recently an open source OpenCL GPU miner was published further redistributing BBR mining power and coin circulation.

Media slides: http://www.slideshare.net/boolberry/boolberry-reduces-blockchain-bloat  http://www.slideshare.net/boolberry/boolberry-solves-cryptonoteflaws-37055246
Animation: https://www.youtube.com/watch?v=SiEmaXwfaCc&feature=youtu.be

oh i wasn't aware there was an instamine on BBR. It's confirmed the dev took these and has the pgpu miner? This is the cause of the price drop or other reasons have contributed to the downturn?

I think here is little question of a big face-off... monero sure it's already established as an entity, no need to prove this really, I think other coins need to be given a chance too, before we try and have some gladiator fight where the teeth come out - faceoffs are proving themselves to be not so useful here.

THIS

I actually don't disagree with you on some of the points you raised. But there are some bizarre things you've claimed.


The network is random in what sense? There are no delays, it's a low-latency network. Transactions broadcast from my laptop in South Africa show up within fractions of a second on one of my server's in the US (easily confirmed with print_tx on any node).

Quote from: Zer0Sum on July 27, 2014, 11:26:06 PM

And the client is extremely error-prone with lots of lost coins I'm sure...

I have yet to find a single instance where someone lost a single coin. There have been instances where people have used old clients with the incorrect fee, their transaction is thus not mined, and falls out the mempool within 24 hours. Since they're using an old client they won't be aware of this unless they delete their mempool and wallet cache and sync up again. Yet the coins are clearly not "lost".

Quote from: Zer0Sum on July 27, 2014, 11:26:06 PM

And you cannot absolutely prove you actually sent a transaction...

You absolutely can, it's inherently baked into the protocol. There is no tooling for this yet, as could be expected from a cryptocurrency that is a few months old and doesn't have the pleasure of inheriting 5.5 years worth of work on Bitcoin's code and then just being able to add small features to it.

I thought this was a neat feature too, until I found out that you have to solo a block in order to get an alias, which means that the guy with the personal GPU miner (he who shall not be named ) could just add a new alias every other minute and "squat" on all the good ones.

The other thing I don't like about BBR is that the dev/creator gets 1% of every block mined. It's like not a premine, but ongoingmine, or something...

I'm really tired of the hoary lie...
That celebrity Bitcoin Pumpers like McRisto have "never bought an alt coin"... just fuck off with this already.

Also, as a trader...
The Polo XMR thing is a desperation ploy by Polo to hang on to XMR volume...
Without XMR doing 300 of their 400 BTC/day they go straight out of business.

But the point of LTC markets was to provide more liquidity...
And it did somewhat because you could get LTC on an exchange in 15 minutes vs forever with BTC....
But Monero does NOTHING for liquidity since the network is random with spastic delays...
And the client is extremely error-prone with lots of lost coins I'm sure...
And you cannot absolutely prove you actually sent a transaction...
(Though SOMEDAY there MAY be something for you there little doggie).

Bittrex floating using BC is infinitely better...
You can get money on exchange in 10 minutes = better liquidity.

If you has a gun to your head and has to send $1,000,000 to save your pet puppy...
Would you use the BC network or the XMR network?  I thought so.

BBR has collapsed in price from a 3:1 ratio to XMR all the way down to 12:1...
And this has been very sudden the last week, just dumping and more dumping...
You get the occasional mini-pump, but that does not look good at all with ZERO PR...
The entire BBR thread is about technical esoterica... normal people are totally foreign to these guys...
Yet even these Ivory Tower uber-geeks have produced an infinitely more user friendly coin than the Monero group.

I would guess that XMR is likely to collapse by 50%... than BBR is to recover...
The Monero hype to me looks like Ripple version 2014...
And nobody cares about the overcrowded CN space except Poloniex.

The subject of this thread was which coin was a better investment(subjective). The op mentioned that someone "swore by" the BBR dev. My comment was meant to highlight that the BBR dev is {probably} untrustworthy. The hashing implementation is {obviously} flawed, and it was {undoubtedly} done on purpose in order for the dev to instamine tons of the coin with a gpu.