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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 106. (Read 4671910 times)

sr. member
Activity: 490
Merit: 266
The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.

Its not an issue if you don't have a pharyngeal reflex
jr. member
Activity: 56
Merit: 7
The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.
member
Activity: 93
Merit: 12
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?

I don't blame you for being concerned about the fork.
But it's not the wallet software that's at risk.
If something bad happens at the fork, it won't be a glitch with your wallet software.
If something bad happens at the fork, it could be much worse than that.  It could be a 51% attack, with double spends.
Your concern about the wallet not working is misplaced.  If that's all you're worried about, you can put your mind at rest.
By the way, linux CLI 14.0.0 daemon and wallet work great.  I'm using it now.

I still remember the problems I had upgrading my Linux wallet when Monero forked to v.7. Also I find the frequent forks tiresome, since they are only treating symptoms temporarily instead of curing the disease (ASIC vulnerability). The tech behind Monero is still cool, but not an end in itself, and I don't see the price going anywhere long as it remains "eclectic", and mainly useful on the darknet.

I think the Coinomi Monero integration is a mixed bag -
on one hand it's positive since it makes Monero more useful by providing more mainstream access to more people,
on the other hand accessibility is a big minus if the wallet isn't secure (https://www.reddit.com/r/reddCoin/comments/avb43d/crosspost_warning_coinomi_wallet_critical/).

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, and looks soon ready for MimbleWimble protocol integration. XMR still has cheaper fees than LTC (ASICS could change this for LTC..), and XMR may still win if the DEV's manage to maintain tech lead by salvaging Kovri before it's too late.
sr. member
Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

They say better late than never, but I think maybe in this case never would be better Smiley

https://www.avoid-coinomi.com/

https://twitter.com/lukechilds/status/1100613365850767360

I saw that, I am a bit dissapointed. But AFAIK only desktop wallets had this bug.
And I would never hold a significant amount on a hot wallet like this.
hero member
Activity: 955
Merit: 500
Crypto has to be anonymous like BTC, ETH and should never represent a company.

That's true. I don't understand how a "decentralised network" can have a CEO.

Monero perhaps will gain #1 spot for anonymity.

It already has that.

The question is how can a decentralized network of this kind come into existence without a CEO in the beginning? Someone has to start it although the role of that someone should be in line with what we envision as a "decentralized" network. You need governance as well.

Bitcoin never had a CEO, and neither did Monero.

They didn't call themselves CEO, but in the end there were important figures behind both of the projects you mentioned. And in the case of Monero I think it is still the same person.
member
Activity: 402
Merit: 45
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

They say better late than never, but I think maybe in this case never would be better Smiley

https://www.avoid-coinomi.com/

https://twitter.com/lukechilds/status/1100613365850767360

Can you put a direct link to the Vid in the tweet.
member
Activity: 276
Merit: 13
One day monero gonna override bitcoin most probably
the value can rise to 5000 usd or more for monero
copper member
Activity: 282
Merit: 31
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

They say better late than never, but I think maybe in this case never would be better Smiley

https://www.avoid-coinomi.com/

https://twitter.com/lukechilds/status/1100613365850767360
legendary
Activity: 2268
Merit: 1141
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?

One of their devs stated that Coinomi would be sufficiently prepared for the upcoming scheduled protocol upgrade:

https://www.reddit.com/r/COINOMI/comments/auja7c/coinomi_monero_ama_feb_25_1200_utc/eh8n56e/
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Monero EXPLAINED! - Dr. Daniel Kim (Founder Of Sweetwater Digital Consulting - Anarchapulco 2019)

https://www.youtube.com/watch?v=fO8_N7L2sR0&feature=youtu.be
hero member
Activity: 870
Merit: 585
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?

I don't blame you for being concerned about the fork.
But it's not the wallet software that's at risk.
If something bad happens at the fork, it won't be a glitch with your wallet software.
If something bad happens at the fork, it could be much worse than that.  It could be a 51% attack, with double spends.
Your concern about the wallet not working is misplaced.  If that's all you're worried about, you can put your mind at rest.
By the way, linux CLI 14.0.0 daemon and wallet work great.  I'm using it now.
member
Activity: 93
Merit: 12
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?
member
Activity: 238
Merit: 10
Monero has been listed on TXBIT.io exchange!
member
Activity: 276
Merit: 13
Monero can even be 2000 usd or more Smiley SWISS bank in future
legendary
Activity: 2268
Merit: 1141
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?
member
Activity: 93
Merit: 12
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?
sr. member
Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/
member
Activity: 276
Merit: 13
After monero forks it will be great for its future.  The best privacy #1 coin MONERO
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Crypto has to be anonymous like BTC, ETH and should never represent a company.

That's true. I don't understand how a "decentralised network" can have a CEO.

Monero perhaps will gain #1 spot for anonymity.

It already has that.

The question is how can a decentralized network of this kind come into existence without a CEO in the beginning? Someone has to start it although the role of that someone should be in line with what we envision as a "decentralized" network. You need governance as well.

Is this a bought account? You can't possible have been here since June 03, 2014 and not know the answer to that.
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