[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1188.

Este Nuno

legendary

Activity: 826

Merit: 1002

amarha

Quote from: stslimited on January 07, 2015, 08:30:14 PM

Quote from: Hueristic on January 07, 2015, 02:56:34 PM

What do you guys think of this idea?

https://bitcointalksearch.org/topic/m.10072945

bitUSD and bitBTC are centralized solutions. The exchange rate doesn't magically sit at one, they have a fund manager.

There may be some utility there, for the darknet, but when the feds shut down the fund manager it all goes to shit.

Look, cryptocurrency functions very similarly to how Liberty Reserve worked. Liberty Reserve servers stored fund allocations and transfers as cryptographic signatures, and then deleted the records. Feds shut it down because it was centralized and easy to shut down. The market adapted.

I thought NuBits was pegged to the USD via bots, is that the one you're thinking of? Doesn't bitUSD have an entirely separate market based mechanism for attempting to stabilize the value?

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: urubu on January 08, 2015, 12:32:15 AM

I have been mining for a couple months at backup-pool for monero. I have noticed that every once in a while someone moves their farm or botnet, etc.(~60KH) to the pool and it gets really unlucky for finding blocks. Is is possible that someone is exploiting the pool with some exploit, or is it coincidence? I have noticed it more than once.

http://backup-pool.com/monero/#pool_blocks

There have been some pool exploits like that. I would hope that every pool has fixed them, but you never know. I suggest trying to find the operator on #monero-pools on freenode IRC or possibly the Monero Mining thread.

urubu

member

Activity: 87

Merit: 10

I have been mining for a couple months at backup-pool for monero. I have noticed that every once in a while someone moves their farm or botnet, etc.(~60+KH) to the pool and it gets really unlucky for finding blocks. Is is possible that someone is exploiting the pool with some exploit, or is it coincidence? I have noticed it more than once.

http://backup-pool.com/monero/#pool_blocks

Edit: triplef sent me a PM and mentioned that the increase is not a botnet and that the difference in luck can be attributed to lucky pool numbers returning to average with the increased pool hashrate. Thanks triplef for your reply and for the pool.

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: owlcatz on January 07, 2015, 09:32:25 PM

Quote from: stslimited on January 07, 2015, 09:27:58 PM

alright that was pretty impressive, I was critical of Astrid in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

ok can someone quickly tell us whats gone down in the past day? whats the big bounty going on for? thanks and sorry, just busy life and less time.. Sad

edit. if its' a good thing, i may have some spare xmr for ya project. Grin

Quote from: superresistant on January 07, 2015, 10:20:54 AM

Quote from: Bassica on January 07, 2015, 09:57:40 AM

I'll donate 200 for the bazaar-project
Edit; I can't see an xmr-address to donate to. Will send it to the normal donation address of XMR.
9d1b28c145352c3b6188e61a8458711ec81b8d22d32f17c2ad46aa3330eedfe2
Edit; I kept getting "Server error" at mymonero.com when logging in.

The address is :

Code:

45jWVQzoyRdH8bd8CA66yBHYQ4ZXmfw81KCr1PdbzcDJND65L5sFzFmN5ty1tzhk3EPHnUfLqB8SpLfPRQAnNnaB1x958c9

I just gave 100 XMR.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: owlcatz on January 07, 2015, 09:32:25 PM

Quote from: stslimited on January 07, 2015, 09:27:58 PM

alright that was pretty impressive, I was critical of Astrid in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

ok can someone quickly tell us whats gone down in the past day? whats the big bounty going on for? thanks and sorry, just busy life and less time.. Sad

(

Atrides is creating a fork of OpenBazaar (a decentralized marketplace application) that will use XMR.

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: stslimited on January 07, 2015, 09:27:58 PM

alright that was pretty impressive, I was critical of Astrid in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

ok can someone quickly tell us whats gone down in the past day? whats the big bounty going on for? thanks and sorry, just busy life and less time.. Sad

edit. if its' a good thing, i may have some spare xmr for ya project. Grin

stslimited

hero member

Activity: 546

Merit: 500

alright that was pretty impressive, I was critical of Atrides in private message, but what else does Monero need? I too have a team of developers, now that the community can make some things worthwhile

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Quote from: Atrides on January 07, 2015, 08:54:50 PM

There are 8543 coins in the wallet. I can spend ca.40-50% of my working time. if that is ok, I can start next week.
And I'll check the options from other thread about escrow. We need some options and good escrow system with hedging.

donated 100 XMR, now you have 8643 XMR.

txid: 74cac00ad8f51700179ed4e9c6ff510350c092e3dee28d060b2de0a36a068b49

Atrides

hero member

Activity: 658

Merit: 500

Admin of DwarfPool.com

There are 8543 coins in the wallet. I can spend ca.40-50% of my working time. if that is ok, I can start next week.
And I'll check the options from other thread about escrow. We need some options and good escrow system with hedging.

stslimited

hero member

Activity: 546

Merit: 500

Quote from: Hueristic on January 07, 2015, 02:56:34 PM

What do you guys think of this idea?

https://bitcointalksearch.org/topic/m.10072945

bitUSD and bitBTC are centralized solutions. The exchange rate doesn't magically sit at one, they have a fund manager.

There may be some utility there, for the darknet, but when the feds shut down the fund manager it all goes to shit.

Look, cryptocurrency functions very similarly to how Liberty Reserve worked. Liberty Reserve servers stored fund allocations and transfers as cryptographic signatures, and then deleted the records. Feds shut it down because it was centralized and easy to shut down. The market adapted.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

What do you guys think of this idea?

https://bitcointalksearch.org/topic/m.10072945

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

As your signature says, bitcoin simply isn't digital cash. And it probably never will be. Hence our opportunity.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: generalizethis on January 07, 2015, 12:02:17 PM

Quote from: xa4 on January 07, 2015, 11:44:07 AM

I got into a discussion on reddit about bitcoin being fungible. I said bitcoins could be blacklisted, hence bitcoins are not fungible and also mentioned unlinkability and untraceability of ring-signatures for true fungibility.

Some say 1 BTC is always 1 BTC for the bitcoin network, only people/organisations can refuse certain bitcoins like some merchants can refuse large fiat notes ... so bitcoins are fungible to them.

Others say nobody should be allowed to blacklist/whitelist bitcoins or bitcoin would break. To me this is proof bitcoin isn't fungible.

I was not able to convince them about the non-fungibility of bitcoin. Maybe our perception is wrong and we don't need unlinkability and untraceability for true fungibility ?

r/bitcoin (for the most part) has their head in the sand about Bitcoin's anonymity. Most think either mixers are working, sidechains will be implemented and fix the matter, or that darkwallet is going to work. I believe the only real threat to Bitcoin is an anonymous coin and the best anonymous coin is where you're at--enjoy it. There's no reason to preach on there--stick to facts and let reasonable people come to their own conclusions.

Donated another 50 to free bazaar--what are we at?

I think a simple way to make them realize they're overestimating and overstating bitcoin fungibility is to ask why there is a need for tumblers and coinjoin if it's so fungible.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: xa4 on January 07, 2015, 11:44:07 AM

I got into a discussion on reddit about bitcoin being fungible. I said bitcoins could be blacklisted, hence bitcoins are not fungible and also mentioned unlinkability and untraceability of ring-signatures for true fungibility.

Some say 1 BTC is always 1 BTC for the bitcoin network, only people/organisations can refuse certain bitcoins like some merchants can refuse large fiat notes ... so bitcoins are fungible to them.

Others say nobody should be allowed to blacklist/whitelist bitcoins or bitcoin would break. To me this is proof bitcoin isn't fungible.

I was not able to convince them about the non-fungibility of bitcoin. Maybe our perception is wrong and we don't need unlinkability and untraceability for true fungibility ?

r/bitcoin (for the most part) has their head in the sand about Bitcoin's anonymity. Most think either mixers are working, sidechains will be implemented and fix the matter, or that darkwallet is going to work. I believe the only real threat to Bitcoin is an anonymous coin and the best anonymous coin is where you're at--enjoy it. There's no reason to preach on there--stick to facts and let reasonable people come to their own conclusions.

Donated another 50 to free bazaar--what are we at?

PestoQuinty

member

Activity: 106

Merit: 10

Quote from: xa4 on January 07, 2015, 11:44:07 AM

I got into a discussion on reddit about bitcoin being fungible. I said bitcoins could be blacklisted, hence bitcoins are not fungible and also mentioned unlinkability and untraceability of ring-signatures for true fungibility.

Some say 1 BTC is always 1 BTC for the bitcoin network, only people/organisations can refuse certain bitcoins like some merchants can refuse large fiat notes ... so bitcoins are fungible to them.

Others say nobody should be allowed to blacklist/whitelist bitcoins or bitcoin would break. To me this is proof bitcoin isn't fungible.

I was not able to convince them about the non-fungibility of bitcoin. Maybe our perception is wrong and we don't need unlinkability and untraceability for true fungibility ?

You don't need it until you do.

xa4

member

Activity: 71

Merit: 10

I got into a discussion on reddit about bitcoin being fungible. I said bitcoins could be blacklisted, hence bitcoins are not fungible and also mentioned unlinkability and untraceability of ring-signatures for true fungibility.

Some say 1 BTC is always 1 BTC for the bitcoin network, only people/organisations can refuse certain bitcoins like some merchants can refuse large fiat notes ... so bitcoins are fungible to them.

Others say nobody should be allowed to blacklist/whitelist bitcoins or bitcoin would break. To me this is proof bitcoin isn't fungible.

I was not able to convince them about the non-fungibility of bitcoin. Maybe our perception is wrong and we don't need unlinkability and untraceability for true fungibility ?

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: Bassica on January 07, 2015, 09:57:40 AM

I'll donate 200 for the bazaar-project

Edit; I can't see an xmr-address to donate to. Will send it to the normal donation address of XMR.
9d1b28c145352c3b6188e61a8458711ec81b8d22d32f17c2ad46aa3330eedfe2

Edit; I kept getting "Server error" at mymonero.com when logging in.

All working here - do you know how to use your browser's developer tools to view the console and get more details about the error?

superresistant

legendary

Activity: 2156

Merit: 1131

Quote from: Bassica on January 07, 2015, 09:57:40 AM

I'll donate 200 for the bazaar-project
Edit; I can't see an xmr-address to donate to. Will send it to the normal donation address of XMR.
9d1b28c145352c3b6188e61a8458711ec81b8d22d32f17c2ad46aa3330eedfe2
Edit; I kept getting "Server error" at mymonero.com when logging in.

The address is :

Code:

45jWVQzoyRdH8bd8CA66yBHYQ4ZXmfw81KCr1PdbzcDJND65L5sFzFmN5ty1tzhk3EPHnUfLqB8SpLfPRQAnNnaB1x958c9

I just gave 100 XMR.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Atrides, if we're past 8k but below 10k, it would be nice to go ahead with the project. Consider it, please.
There is 1k available as bounty, and I'm sure the little missing bit would be filled within a couple more days.

Bassica

sr. member

Activity: 283

Merit: 250

I'll donate 200 for the bazaar-project

Edit; I can't see an xmr-address to donate to. Will send it to the normal donation address of XMR.
9d1b28c145352c3b6188e61a8458711ec81b8d22d32f17c2ad46aa3330eedfe2

Edit; I kept getting "Server error" at mymonero.com when logging in.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1188. (Read 4671924 times)