Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 109. (Read 4671114 times)
February 07, 2019, 07:29:32 AM
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.
February 07, 2019, 04:40:31 AM
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?
This random 1-in-2-out transaction has a size of 1.9 kB and a fee of 40 microneroj (about $0.002)
February 06, 2019, 08:45:36 PM
What do people think bullet proof and locked ringsize will do for average transaction fees? Any estimates at this point?
February 06, 2019, 08:39:03 PM
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?!
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)?
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.
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.
February 06, 2019, 03:36:59 AM
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
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.
It seems that they are re-offending.
In less than 48 hours 60% of the hashrate is unknown ! Houston, we have a problem
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
February 05, 2019, 04:21:59 PM
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
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.
It seems that they are re-offending.
In less than 48 hours 60% of the hashrate is unknown ! Houston, we have a problem
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.
February 05, 2019, 12:10:01 PM
https://www.prlog.org/12735136-monero-confirms-xtend-onlines-hyperminers-are-berylium-bulletproof.html
What do you think about this? Scam or new technology?
What do you think about this? Scam or new technology?
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...
February 04, 2019, 01:42:30 AM
https://www.prlog.org/12735136-monero-confirms-xtend-onlines-hyperminers-are-berylium-bulletproof.html
What do you think about this? Scam or new technology?
What do you think about this? Scam or new technology?
February 03, 2019, 11:40:04 PM
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.
February 03, 2019, 02:38:53 PM
We are all satoshi
February 03, 2019, 01:20:02 PM
What shall "they" (who?) do?
Shut down the earths electricity?
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?
February 03, 2019, 04:08:17 AM
What shall "they" (who?) do?
Shut down the earths electricity?
Stop providing electricity supply to households/ farms which mine crypto currencies, including Monero.Shut down the earths electricity?
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.
February 03, 2019, 02:56:21 AM
What shall "they" (who?) do?
Shut down the earths electricity?
Shut down the earths electricity?
February 03, 2019, 01:14:32 AM
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?
February 03, 2019, 12:13:12 AM
Did you create a thread? We still have some time before the game..
https://bitcointalksearch.org/topic/m.49476986
February 02, 2019, 05:20:11 PM
Will there be a Super Bowl betting pool like last year?
I'm down. Anyone else up for it? 1 XMR buy in?
You know I am
Whoever wants to set up something can, if I get a break from work I’ll create a thread for it. Just to clarify... we are talking about squares, right?
Did you create a thread? We still have some time before the game..
February 02, 2019, 08:18:30 AM
Monero added to Exodus Eden version 19.2.2
https://www.reddit.com/r/Monero/comments/amcemx/youve_been_asking_we_finally_delivered_xmr_is/
https://www.reddit.com/r/Monero/comments/amcemx/youve_been_asking_we_finally_delivered_xmr_is/
February 01, 2019, 11:34:37 AM
ASICS are diversifying in the daddy coin, with the maturity.
No longer a 1 player monopoly of mining.
If you keep it working on home architecture instead, you don't really change much.
It will still be the one who can spend the most on computer equipment that will win most.
No longer a 1 player monopoly of mining.
If you keep it working on home architecture instead, you don't really change much.
It will still be the one who can spend the most on computer equipment that will win most.
It's all about the security of the chain.
February 01, 2019, 11:26:50 AM
ASICS are diversifying in the daddy coin, with the maturity.
No longer a 1 player monopoly of mining.
If you keep it working on home architecture instead, you don't really change much.
It will still be the one who can spend the most on computer equipment that will win most.
No longer a 1 player monopoly of mining.
If you keep it working on home architecture instead, you don't really change much.
It will still be the one who can spend the most on computer equipment that will win most.
February 01, 2019, 10:55:00 AM
Also, as to your idea - why couldn't a pool with 51+% of total hash just register multiple addresses and divide it's hashrate among them? Then it could do whatever it was going to do as an apparent single entity but split its hash among its own multiple pools/addresses. Maybe if there was also some component of neural networks with blockchain AI they could recognize this and ban all the offending pools and miners from the network forever.
We do continually hear these half baked type ideas thrown about and not just from the uniformed. It should be recognized that this is also a social attack vector that needs to be safe guarded, continual change opens the chance of slipping in seeemingly innocuous poisoned code.
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