Topic: Why the monero/bitmonero/MRO/BMR/XMR Ninjalaunched Cripplemined Fastmine matters - page 3. (Read 13629 times)

It also ignores that in the long run Monero's emissions become very flat over time due to the tail reward. Bitcoin will eventually become more front-loaded the Monero, and Dash already is of course. See chart on the first page or two of this thread showing the effect.

You are also correct that paying coins to existing owners is not distribution and should really be factored out of the curve. That applies not only to Dash but various other PoS-ish coins that pay interest, stake-based rewards, etc.

how many monero were mined between the launch and july 1st 2014?
seems like an easy question for you monero experts to answer.

Ok, let's make it more practical then. Citing the experts below:

No, it you read what I wrote it was a hypothetical, modified version of AES which does not diffuse to all of the output bits, which is specifically not what real AES is designed to do. No one has identified an actual problem.

There is another egregious flaw in the proof-of-work algorithm.

AES encryption is being employed as the hash function and assumed to be a random oracle with perfect distribution in order to provide the randomized memory access. Problem is that AES is not suitable as a hash (certainly not when employed as encryption) for it has too small of a output space (repeating patterns will be over a few number of bits), thus it will be possible to attack this with an algorithm to reduce the scratchpad size significantly from the 2MB.

And we also have a "catastrophic" problem with PoW:

Are you actually suggesting that in the long-run DASH has a more fair emission rate than BTC, LTC, and XMR?  This is an incredibly disingenuous statement to make because you ignore the fact that masternodes allow the original instaminers to approximately maintain or even increase their share of the total percentage of DASH in existence, year after year.

Cryptonight might also fall into the same category, or not, I haven't checked it. If its approach is doing it like scrypt, it might be equally vulnerable.

Still waiting.....

LOL. Any retard with the tiniest hint of common sense could deduce the Monero cripplemine scam was intentional. Forking a scam and acting surprised when the code is revealed to be a scam. "Oops we scammed the public by accident!"

I'll just let you guys know that after months and years of bashing DASH because of the instamine Smooth could finally take part in a profitable instamine and is supporting STEEM now. STEEM is a coin that was relaunched after the miners of the developers crashed (they accounted for 80-90% of the total hash) and after the relaunch got 80% of the supply which is locked down in a staking/ponzi/investment scheme. The total market cap 1-2 days ago was several million dollars for this no windows gui and instamined/premined scam that Bittrex added. There were no proper build instructions on launch and the developer has a blogpost aswell on how to get a huge legal stake in your project without doing an ICO (hint: make it impossible for the masses to mine on start). The project had an extremely short 4 week POW, now only every 1 out of 21 blocks are POW blocks. Every speculator who buys on an exchange will get royally fucked since the owners will sell most of their holdings to fund development (and hookers).

Here is smooth starting a witness node: https://bitcointalksearch.org/topic/m.14644924

You can check his later comments admitting that the project is shady and the launch was scammy, but it doesn't stop him from making money out of it while commenting on its thread and showing support.

Here smooth attacks one of the messengers instead of commenting on the content of the message: https://bitcointalksearch.org/topic/m.14664635

Seems he lived long enough to become what he hated the most. Oh the irony. I love it.

(Disclaimer: I don't own DASH)

My personal resume on the coin

You never did any thing apart from compiling miner guides (thank you for that), and creating an optimized miner to (I assume) instamine the coin yourself. And yes, you spent hours & hours & hors on this forum just posting irrelevant things, like posting strategy for the dummies above, which will drive more users to your apparently instamined coin.

Congratulations, you've made it! The fair launch was soooo fair!

Disclaimer: I apologize if any of my assumptions insult anybody and would like the self-proclaimed authors to finally clarify on the following points:

1) How exactly did you benefit the community and the coin?
2) When is the open source miner going to be released? Why it wasn't? Please, provide exact technical details on that "unstable code thing".
3) Why did you change your attitude towards closed-source miner?
4) Why did you take over the coin and create a second thread when there was one already there?
5) Why did you change the domain name and forked the rep, while keeping the blockchain that you never started?
6) Why do you keep avoiding this very clear questions.

Thank you.

Do you have evidence that it was intentional?

Do you have evidence that it affects the coin negatively, as in invalidating any of its claims of decentralization or privacy?

If you don't have evidence of one, then you're left with the thread's title being false and a complete waste of time. As an example: I can show that dash is an oligarchy, whether intentional or not, due to the way their paynode scheme works. These systems are designed to work trustlessly, so any hiccups (intentional or not) should be invalidated by the design, not left-up to the good or bad intentions of those who are engaged with it.

oaes_key_import_data calls are placed inside loops unnecessarily, which slows down the hash quite a bit during the scratchpad portions.

So you mean the BCN engine was curbed all this time, and they just add to remove it to artificially increase it?

That's disgusting.

You're the developers after all. It's a good approach for a developer: we're instamining - you can too, if you're good enough! Promising coin - no shit.

Hey,
NoodleDoodle optimized the slow hash code recently to about 225% performance. However, he has decided not to release the source code and has only released binaries. I think he is enjoying mining MRO with very high hash rates from Linux right now. Eventually we hope he will release the code.

I agree with this. Only a small number of bits of the output of AES are being used, but AES does not guarantee that all of its output bits are random. For example, consider an algorithm AES' which is just like AES except that it appends 10 trailing bits that are always zero (AES'(x) = AES(x) << 10). This would be just as secure as AES for encryption, but catastrophically bad for slow_hash.

I suspect the developers wanted to use AES because of the hardware support in Intel CPUs, but they made a mistake, though it isn't immediately apparent how catastrophic this is (unlike my toy example above for example). If they used a true secure hash, it would be much slower and likely not memory bound.

The algorithm can and should likely be improved in this regard, although I don't have any immediate suggestions how.

Wait, so coins that are highly GPU mineable but don't have a public GPU miner (it would have to be a public highly-optimized GPU miner, right?) for at least 20 days are not also Cripplemined by your definition? How many coins were mined in those 20+ days?

Where do you draw the line here?

BTW, your comments about SIMD optimizations were almost completely wrong when it comes to Monero's hash function. A little knowledge can be a dangerous thing.

Monero has a highly inflationary emission curve where around half the coins were mined in the first year and will have "Roughly 86% mined in 4 years".

By comparison, Bitcoin is almost 7 years old and only has 75% mined. It will take them another 4+ years to get to monero's 86%.

So it will take BTC & LTC ~11+ years to get to ~86% and monero only 4 years. It will take DASH ~ another 20 years to get to 86%.

Yes... CPU-coins... X11 has been gpu-mineable since mid-Feb 2014. Darkcoin issued a hefty bounty veeery early on (20 days old?) to have a GPU miner online as to avoid hidden GPU miners in the wild - I think the bounty was something like 2-3k DRK.

"This info" meaning what? You made up the the term Cripplemine, haven't defined it clearly, and now AlexGR is telling us that pretty much every unit of every coin that has ever been mined was Cripplemined.

So, no, there is no link I'm aware of that will take you to Here are the Monero Cripplemine stats.

do you have a link to where this info can be easily found?
i need to recalculate the monero cripplemine. as i'm sure you know it's worse than previously disclosed.

Ask an objective question (in which case you can answer it from a block explorer, etc.) or might as well just make up your own answer.

I really thought you are an expert in making own assumptions and giving your own answers after all that bullshit i read from you on dash ... how often did you tell us eduffield has mined almost every xcoin within the instamine days? *facepalm* (or are you in blockchain analysis now, and can prove any of the "instamine scam" - "eduffield mined almost 2 mio coins" bullshit?!)

I really hate people throwing shit, and then if the shit hits the fan, and comes back to their own face, they just say, "hey that's something totally different" LOL