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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 109. (Read 4671910 times)

legendary
Activity: 2702
Merit: 2053
Free spirit
Wasn't dashing in and doing that what f'ed up B Cash ?

full member
Activity: 243
Merit: 125
This is a good solution to double spend.
https://www.reddit.com/r/Monero/comments/aodbku/proposal_prevent_large_reorgs_from_happening/

Monero nodes should not accept reorgs bigger than 10 blocks. Bigger than that only manual.

Hmm. Can we deny reorgs bigger than 10 blocks unconditionally? Mining is a random process, so it has its distribution in terms of math statistics with mean value for how many blocks need the reorg, and a standard deviation.

Standard deviation can be accumulated and counted by each node, so they can simply rejects each single reorg beyond the 3-sigma rule.

I think, manual API to check blocks beyond 3-sigma threshold proposed is a technical complication and philosophical violation.
full member
Activity: 308
Merit: 109
This is a good solution to double spend.
https://www.reddit.com/r/Monero/comments/aodbku/proposal_prevent_large_reorgs_from_happening/

Monero nodes should not accept reorgs bigger than 10 blocks. Bigger than that only manual.
full member
Activity: 243
Merit: 125
Hueristic, dEBRUYNE could you deliver this problem to Fluffypony and Monero Core Devs?

Since this attack started in earlier January, NO ONE MONERO CORE DEVS EVER COMMENT THIS. WTF?!

LOL, what do you want, a pre-announcement of centralized checkpoints like Dash's ChainLocks (which won't even go live for another 9-12 months)? Grin

XMR devs have been working on a long-term solution called RandomX, a new PoW that is polymorphic and uses the blockchain for entropy.

Please don't expect Fluffy to set his hair on fire and run around screaming, TYPING IN ALL CAPS LIKE A DRAMA QUEEN, just because the "XTend Hyperminer AMAP is a radically new, programmable digital mining fabric that can mine any coin, or even multiple combinations of coins simultaneously."

Even if Xtend can chew through RandomX like a boss, I'm working something that will break its teeth. Wink

This is just how the dynamic equilibrium of Nakamoto Consensus evolves.  Please don't keep screaming and crying just because we're in one of the periodic recurring 'creative destruction' cycles.  The more non-trivial adversaries attack Monero, the more antifragility accrues and the better our long-term chances of resisting extinction pressure.

I've read about RandomX a lot.
https://github.com/tevador/RandomX

This mining algorithm looks very promising in order to fight against ASICs and FPGA. But it effectively denies mining on GPU too. So all our honest GPU miners will be abandoned by the XMR community if we accept RandomX algo "as-is" on github.

But indeed, RandomX looks very intriguing. It adds some random info into mining scratch pad to be collected from the blockchain. If I've understand correctly, it is exactly the idea I wrote few days before here...

In order to adopt RandomX to Monero mining,
Can we shrink down a standard RandomX data scratch pad from 4Gb to ~256Mb? So, in the client profile, when  RandomX data scratch is generated on the fly, part-by-part, only 4Mb parts instead of 64Mb should be generated?

I suppose GPU miners could adopt JIT-compiler version of RandomX to GPU mining. Furthermore newbies can play games and mine simultaneously, so this step decreases the threshold for GPU newbies to enter the Monero world, but still VERY resistant to ASICs and FPGA...
copper member
Activity: 142
Merit: 1
https://g-pyx.com
PyrexCoin will follow all Moneros Updates  Grin
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader

Apart of being this one engine scam or not, there are some new mining equipment on the XMR network obviously:

https://miningpoolstats.stream/monero

They removed auto-calculator to avoid panic, but now Total Network Hashrate = 712 MH/s, Known Pools' Hashrate = 328 MH/s,
so UNKNOWN Hashrate = 384 MH/s = 54% of Total Network Hashrate.

Remember, miner equipment manufacturer NEVER starts to sell miners to public UNTIL they'll become UNPROFITABLE to mine by themselves. So when they start to sell them, you do always lose if buy.

I think their equipment is indeed FPGA-like.

---

I propose new idea to XMR mining algo: to emulate floating point computations of higher precision that is not common in any hardware. We should imagine how to involve a true random NOISE into computations. The way we involve NOISE should meet some requirements, for example, if one doesn't add NOISE, their results should be worse in metrics of hash mined. So FPGA manufacturer must add NOISE in EACH node of its FPGA logic. If so, FPGA will be as effective as GPU, CPU, etc...

I may mistake... above are just free imagines...


I don't understand why MONERO simply switches to PROG PoW.  It puts GPU's, FPGA's and ASIC's all pretty much on an even keel.  FPGA's and ASIC's would only be able to achieve a 1.1 to 1.0 or 1.2 to 1.0 advantage with hash rate/power efficiency.
sr. member
Activity: 807
Merit: 423
Do those Chinese farms have any motivation to do a real 51% attack?  I mean double-spends, that sort of thing.  As opposed to making money mining a buttload of xmr, which is fair play.
copper member
Activity: 282
Merit: 31
What do people think bullet proof and locked ringsize will do for average transaction fees? Any estimates at this point?

Why estimate it when you can go try it out for yourself? Cheesy

This random 1-in-2-out transaction has a size of 1.9 kB and a fee of 40 microneroj (about $0.002)
hero member
Activity: 827
Merit: 502
What do people think bullet proof and locked ringsize will do for average transaction fees? Any estimates at this point?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Hueristic, dEBRUYNE could you deliver this problem to Fluffypony and Monero Core Devs?

Since this attack started in earlier January, NO ONE MONERO CORE DEVS EVER COMMENT THIS. WTF?!

LOL, what do you want, a pre-announcement of centralized checkpoints like Dash's ChainLocks (which won't even go live for another 9-12 months)? Grin

XMR devs have been working on a long-term solution called RandomX, a new PoW that is polymorphic and uses the blockchain for entropy.

Please don't expect Fluffy to set his hair on fire and run around screaming, TYPING IN ALL CAPS LIKE A DRAMA QUEEN, just because the "XTend Hyperminer AMAP is a radically new, programmable digital mining fabric that can mine any coin, or even multiple combinations of coins simultaneously."

Even if Xtend can chew through RandomX like a boss, I'm working something that will break its teeth. Wink

This is just how the dynamic equilibrium of Nakamoto Consensus evolves.  Please don't keep screaming and crying just because we're in one of the periodic recurring 'creative destruction' cycles.  The more non-trivial adversaries attack Monero, the more antifragility accrues and the better our long-term chances of resisting extinction pressure.
full member
Activity: 243
Merit: 125
I'm just a small GPU XMR miner since several month, and the last time I saw such a strong rise in hashrate was when bitmain mined  in secret with theirs asics only known by them.

It seems that they are re-offending.

In less than 48 hours 60% of the hashrate is unknown ! Houston, we have a problem  Shocked Sad Undecided
The hashrate has more than doubled in less than two weeks!

Something is happening. Either a 51% attack occurs, or specific asics are minning on the network recently.

Is it that the most seasoned supervisors of the monero blockchain can confirm or deny what appears to be an attack ?

Sorry for my English translated with google translate.

Yes this is an attack. It is not so important whether this attack has 51% nature or not. This is a new era of hybrid ASIC/FPGA attack:
https://www.prlog.org/12735136-monero-confirms-xtend-onlines-hyperminers-are-berylium-bulletproof.html
or
http://squirrelsresearch.com/cvp-13/

TODAY:
https://miningpoolstats.stream/monero

804 MH/s Total, 340 Known, 464 UNKNOWN.

Hueristic, dEBRUYNE could you deliver this problem to Fluffypony and Monero Core Devs?

Since this attack started in earlier January, NO ONE MONERO CORE DEVS EVER COMMENT THIS. WTF?!
full member
Activity: 340
Merit: 103
It is easier to break an atom than partialities AE
I'm just a small GPU XMR miner since several month, and the last time I saw such a strong rise in hashrate was when bitmain mined  in secret with theirs asics only known by them.

It seems that they are re-offending.

In less than 48 hours 60% of the hashrate is unknown ! Houston, we have a problem  Shocked Sad Undecided
The hashrate has more than doubled in less than two weeks!

Something is happening. Either a 51% attack occurs, or specific asics are minning on the network recently.

Is it that the most seasoned supervisors of the monero blockchain can confirm or deny what appears to be an attack ?

Sorry for my English translated with google translate.
full member
Activity: 243
Merit: 125

Apart of being this one engine scam or not, there are some new mining equipment on the XMR network obviously:

https://miningpoolstats.stream/monero

They removed auto-calculator to avoid panic, but now Total Network Hashrate = 712 MH/s, Known Pools' Hashrate = 328 MH/s,
so UNKNOWN Hashrate = 384 MH/s = 54% of Total Network Hashrate.

Remember, miner equipment manufacturer NEVER starts to sell miners to public UNTIL they'll become UNPROFITABLE to mine by themselves. So when they start to sell them, you do always lose if buy.

I think their equipment is indeed FPGA-like.

---

I propose new idea to XMR mining algo: to emulate floating point computations of higher precision that is not common in any hardware. We should imagine how to involve a true random NOISE into computations. The way we involve NOISE should meet some requirements, for example, if one doesn't add NOISE, their results should be worse in metrics of hash mined. So FPGA manufacturer must add NOISE in EACH node of its FPGA logic. If so, FPGA will be as effective as GPU, CPU, etc...

I may mistake... above are just free imagines...
sr. member
Activity: 807
Merit: 423
they could go after the team
If you mean law enforcement, then no.  The "team" hasn't committed any crimes, so far as I'm aware.
Unless being a fluffypony is a crime.  Hmm...  maybe you're onto something after all.
legendary
Activity: 2702
Merit: 2053
Free spirit
We are all satoshi

newbie
Activity: 13
Merit: 0
What shall "they" (who?) do?

Shut down the earths electricity?



not neccesarily that, i mean they (goverments) could do that to certain jurisdictions if they wanted to, I just wasn't sure if they could go after the team if they really wanted to? I'm all for anonymous transactions, I just wasn't sure if there is a chance that governments turn against it?
full member
Activity: 462
Merit: 155
What shall "they" (who?) do?

Shut down the earths electricity?


Stop providing electricity supply to households/ farms which mine crypto currencies, including Monero.
I am not sure, but it is likely what that guys waited for.
It is a unrealistic thing, in my opinion.
And, if someday, Monero network switchs to PoS/ Masternodes or service nodes, it's become harder to restrict / shut down Monero network.
legendary
Activity: 2702
Merit: 2053
Free spirit
What shall "they" (who?) do?

Shut down the earths electricity?

newbie
Activity: 13
Merit: 0
with monero being anonymous, do they get in trouble from governments? How have they not shut it down? i'm all for it but i'm just curious how they have circumvented that?
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