Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1001. (Read 4671924 times)

crypto nerd cage fighting ... now that's got marketing potential! Everyone loves a punch-up.

edit: arm wrestling might be more suitable for a dev though

Something is wrong with the list of pools in the OP.

moneropool.com has been added at the end of the list, but the info displaying there is from monerohash.com, for which the info is empty now.

Tristan (from Poloniex): We make liberal use of cold storage -- the majority of our funds are kept in secure offline wallets. (There's a note to this effect on the front page.) The exact percentage varies by currency, and depends on the amount we hold and the deposit/withdrawal activity.

It's likely mostly a business decision.
Altcoin (and btc) exchanges work on one of the premises of being almost instantaneous in transactions. If all withdrawals were manual, it would likely scare away more customers, because it would slow down withdrawals dramatically. And most customers seems to want speed/convenience over security (and also the opportunity to do arbitrage). They would also need more man power to handle all transactions manually. Thus having less revenue, but a larger overhead.

As such every exchange do their own risk-analysis of what they are willing to put in the hot wallet.

There are a few places that do it the air gapped way.

Why do exchanges not use tokens and only activate wallets for updates and/or withdrawals? Then all wallets can be cold and separate (as well as separately encrypted) for a majority of the time. Sorry if this is a stupid question as I've never really thought of how exchanges operate. Also there would be a higher level of control as during updates the process can be monitored and there can be checks for an inordinate amount of wallets be activated at once thereby adding a layer of checks that can notify operators of suspicious activity. I would think this would make it pretty tough to steal 7000 BTC.


Something ICANN should consider. generalizethis you can always request them to create it. Sounds like a good idea and may float.


KickAss!


https://www.youtube.com/v/M8pR1rZZHEs

http://www.youtube.com/v/M8pR1rZZHEs

Do you ball up your little fists, turn and run away crying?  Because as annoying as that would be to witness it would still be a net positive.

I heard a rumor that soon you will be able to run a full node on a raspberry pi. So I went to Adafruit.com and ordered a Raspberry Pi 2.
 
Adafruit accepts bitcoin, so I was able to pay with Monero using XMR.to. With a case, that comes to about 73 moneroj.

Damn, that's a good service! Now that I am spending moneroj I need to start buying more. 

Ready to rrrruumble just where do they take XMR for sport bets? How are the odds?
Aaaand iron horse shoes inside boxing gloves are illegal throughout one half of europe, as I do remember.
You want to meet inside the other half.

You spent multiple days telling everyone how David is wearing his father's suit and doesn't know how to speak publicly. You've called me a kid (I'm a 33 year old married man) and indicated on more than one occasion that I'm bad at my "job". You've called othe a retard and smooth an asshole.

And all that time you've revelled in stealing money destined for development, claimed ignorance in regards to donations speeding up development, not donated a cent, not contributed a line of code, done nothing to improve or facilitate the project. But you've complained...oh how you've complained!

I'll be in Europe within the month. How about you get lost until then, and meet me in Europe so we can thrash this out face to face? I bet you'll have some lame excuse not to meet me.

Indeed, it's so consistent he's almost certain to have a severe real-life personality disorder. Thus I'm confused between contempt and pity.

Simple answer

I love the mom joke How desperate are you...
Let me give out a warning,  lets not make this personal, otherwise i will have to handle this as i do other personal attacks.

"claim to have spent most of the donations on bandwidth usage" - where did we do that?

We said the provision isn't cheap; indeed, it involves multiples download nodes in various geographically disparate locations. Most of those nodes get like 30TB bandwidth free, so the indication is not so much the bandwidth cost as it is the upkeep cost of the infrastructure (every node has a base cost, the bandwidth "cost" is somewhat redundant).

To be specific, and quote from sentence before the one you quoted: "Download hosting consists of several servers scattered across the globe (3x USA, 2x UK, 1x Germany), and it serves all static content including the blockchain downloads, Monero binaries, MRL publications, and so on."

Nevertheless, it says quite clearly at the top of the post: "So, what did our ~212 BTC get spent on over the year? Or, in other words, what did we accomplish? Here's a bit of a taste before we dig into the nitty-gritty:" - and then it goes into detail on core development and the efforts of the Monero Research Lab before EVENTUALLY touching on infrastructure and bandwidth.

Keep trying, I'm sure you'll be able to fault the unpaid contributors to a free and open-source project soon, and then you can at least tell your mom you accomplished something this year. Maybe you'll even move out of her basement. All the best!

You are missing one or two quotes to make a conclusion yourself..

primer- I was wondering why are you always so hostile, and use such coarse language towards most posters? (others are hostile too, sure..)

Its unreasonable to expect the devs to volunteer their time on development and in addition pay out of pocket for all the hosting costs associated with the project.

Thanks!

Ok..troll...gotcha.