[XMR] Monero - A secure, private, untraceable cryptocurrency - page 139.

boomboom

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Quote from: jwinterm on September 28, 2018, 09:06:27 PM

If it uses the same setup parameters as zcash then the privacy is still in question, even if all transactions are shielded:
https://twitter.com/peterktodd/status/1045210959407706112?s=19

The trusted setup is the only negative with PIRATE, on every other aspect it is superior to Zcash and all other forks. Given recent bugs with monero and bitcoin, everyone investing in crypto is wise to invest only what they can afford to lose. I have concerns over the trusted setup, but I have concerns over every other crypto in my portfolio too - there can be bugs, code isn't perfect, but I trust monero, bitcoin and Zcash about the same, and as I'm not a dev myself every crypto I use involves trusting the devs who release the code, and the communities around them that use, analyze, test and generally try and break them, and overall I have decided to trust the trusted setup. I would not be surprised if bugs are found again in bitcoin monero Zcash.

boomboom

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Quote from: jwinterm on September 28, 2018, 09:06:27 PM

Also, I'll just assume they "forked to improve emission" after they instamined the fuck out of it.

No, they did the exact opposite, they changed the emission so halvings were extended to 10 months, and the coin supply went from 40M to 200M, they did this when they realised their 'test' coin was really popular, so it's the exact opposite of your assumption, the early miners actually disadvantaged themselves quite a bit over the original 'test' parameters, and most sold cheaply before the hash went through the roof and donated to another onboarding giveaway campaign that's running now.

The early miners also donated 250K coins for a giveaway that ran on this forum for approx 10 days, which at the time was ~1/4 of the coins mined at that time.

No, the PIRATE launch was one of the most fair I have seen in crypto, the only anomaly was how quickly people started mining it, that took the guys who launched it by surprise, hence the 250k giveaway and change in emission. PIRATE really did start as a test, then people realised z only tx makes PIRATE a fungible digital cash same as monero.

Launch of PIRATE is well documented here , https://medium.com/@satindergrewal/pirates-of-komodo-platform-cdc991b424df

jwinterm

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Quote from: Attack.of.the.Clones on September 28, 2018, 04:47:19 PM

Quote from: Freaks on September 28, 2018, 02:09:06 PM

Quote from: Ryuuma on September 28, 2018, 01:44:17 PM

Monero, the most prominent privacy coin which has been in the news because of its gaining acceptance.Monero has the capacity to bounce back in the short term trend than many other altcoins out there.

Monero is becoming more hot coin it has more secure features as compare with any other privacy related coin. I alos agreed with you it has more high chance to explode. It has more demand and it is increasing so that in future we will see this at more big value.

Monero hasn't had much competition in the privacy space, a few scam coins and zcash (which isn't hardly used for anon tx anyway), but the PIRATE is different, it is a real alternative - default privacy secured by bitcoin - and the launch has been community based and fair, afaik jl777 is NOT the person who created it, he just added delayed PoW when they forked to improve the coin emission.

If it uses the same setup parameters as zcash then the privacy is still in question, even if all transactions are shielded:
https://twitter.com/peterktodd/status/1045210959407706112?s=19

Also, I'll just assume they "forked to improve emission" after they instamined the fuck out of it.

Attack.of.the.Clones

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Quote from: Freaks on September 28, 2018, 02:09:06 PM

Quote from: Ryuuma on September 28, 2018, 01:44:17 PM

Monero, the most prominent privacy coin which has been in the news because of its gaining acceptance.Monero has the capacity to bounce back in the short term trend than many other altcoins out there.

Monero is becoming more hot coin it has more secure features as compare with any other privacy related coin. I alos agreed with you it has more high chance to explode. It has more demand and it is increasing so that in future we will see this at more big value.

Monero hasn't had much competition in the privacy space, a few scam coins and zcash (which isn't hardly used for anon tx anyway), but the PIRATE is different, it is a real alternative - default privacy secured by bitcoin - and the launch has been community based and fair, afaik jl777 is NOT the person who created it, he just added delayed PoW when they forked to improve the coin emission.

kennyP

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Quote from: Febo on September 28, 2018, 08:01:01 AM

Guys I suggest you to go spam ZCash thread if you managed to improve it with your token. Rare if any here is interested in ZCash or variables of it here.

Zcash isn't a real privacy coin, it's not fungible digital cash, and not a substitute for monero

PIRATE is fungible digital cash, that's why these guys are wetting their pants, and it arguably has better privacy set than XMR

Ryuuma

jr. member

Activity: 182

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Quote from: Freaks on September 28, 2018, 02:09:06 PM

Quote from: Ryuuma on September 28, 2018, 01:44:17 PM

Monero, the most prominent privacy coin which has been in the news because of its gaining acceptance.Monero has the capacity to bounce back in the short term trend than many other altcoins out there.

Monero is becoming more hot coin it has more secure features as compare with any other privacy related coin. I alos agreed with you it has more high chance to explode. It has more demand and it is increasing so that in future we will see this at more big value.

You're completely right.Privacy is important to every human being.This,will allow the project to see a great demand in the distant future.

Freaks

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Quote from: Ryuuma on September 28, 2018, 01:44:17 PM

Monero, the most prominent privacy coin which has been in the news because of its gaining acceptance.Monero has the capacity to bounce back in the short term trend than many other altcoins out there.

Monero is becoming more hot coin it has more secure features as compare with any other privacy related coin. I alos agreed with you it has more high chance to explode. It has more demand and it is increasing so that in future we will see this at more big value.

Ryuuma

jr. member

Activity: 182

Merit: 1

Monero, the most prominent privacy coin which has been in the news because of its gaining acceptance.Monero has the capacity to bounce back in the short term trend than many other altcoins out there.

soldat13

newbie

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jl777 "it gives XMR hope that zcash is compromised
of course there is no evidence that all ceremony participants colluded
and unless all of them did, there is zero problems with the parameters
but they keep repeating how it isnt impossible for it to have happened, so that is basically the same as it happened
plz ignore that XMR had an infinite coin emission bug in actuality
so I could claim there is yet another bug in XMR that is worse than if the zcash params are compromised by all ceremony participants being in collusion
they cant disprove my claim
therefore it must be true, right?
The same people spouting that nonsense are saying everything I do is a scam"

"PIRATE has transactions that are like: http://pirate.explorer.dexstats.info/tx/568402e62fb71c1ac84ad596bcb6cbdbcdcbfb3709af4ac47b82fa263bb3a869
try to extract any meaningful info out of that
with XMR every tx has 10 possible signers
you get plausible deniability with XMR, as in "I wasnt the one out of 10 that signed that tx"
with PIRATE there is nothing to deny as there is no indication who did the tx, who got the tx, nor how much it was for
this is why XMR peoples are very concerned about PIRATE
being mandatory privacy was their one edge over zcash
now that is gone"

Febo

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Quote from: ?? on ??

Quote from: jwinterm on September 27, 2018, 08:45:17 PM

Bruh, it's fucking scams all the way down, starting from NXT. I don't give a fuck how many times they swapped shit that was controlled by two folks to some other shit that is controlled by two folks. Thanks for polluting the thread.

Which scam project did you mention?

He clearly started the projects that "jl777 touches"

Quote from: oblox on September 27, 2018, 08:41:59 PM

You're also talking about colors when both coins were launched back in 2014... Not that this is thread relevant but at least be informed.

Only colors are this thread related. That is why I mention them. So i was not off topic.

Guys I suggest you to go spam ZCash thread if you managed to improve it with your token. Rare if any here is interested in ZCash or variables of it here.

boomboom

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Quote from: Nashamoto on September 27, 2018, 09:17:16 PM

Quote from: jwinterm on September 27, 2018, 09:04:48 PM

jfc someone get me an eyepatch

There ya go matey, we be gettin' swamped by PIRATE memes now, Arrrr

roflmao , memes are fun for marketing, but default privacy secured by bitcoin hash is the takeaway msg here

edit, what I like best is the fair launch, no premine/ICO/ninja just fair PoW for years and years, same as monero

Nashamoto

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Quote from: jwinterm on September 27, 2018, 09:04:48 PM

jfc someone get me an eyepatch

There ya go matey, we be gettin' swamped by PIRATE memes now, Arrrr

jwinterm

legendary

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jfc someone get me an eyepatch

Graham Ade

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Quote from: jwinterm on September 27, 2018, 08:45:17 PM

Bruh, it's fucking scams all the way down, starting from NXT. I don't give a fuck how many times they swapped shit that was controlled by two folks to some other shit that is controlled by two folks. Thanks for polluting the thread.

You have nothing to say about the tech and launch of PIRATE, this shows me it has real potential as a fair launched privacy coin with real innovation, by far the best Zcash fork to date, better than Zcash itself.

PIRATE has achieved 2-3% hash rate of Zcash in 48 hours, so it's not thread pollution, it's BIG news for digital cash users who understand anon tx has to be by default!

oblox

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Quote from: jwinterm on September 27, 2018, 08:45:17 PM

Thanks for polluting the thread.

No problem.

jwinterm

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Bruh, it's fucking scams all the way down, starting from NXT. I don't give a fuck how many times they swapped shit that was controlled by two folks to some other shit that is controlled by two folks. Thanks for polluting the thread.

oblox

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Quote from: Febo on September 27, 2018, 06:31:36 PM

Quote from: jwinterm on September 27, 2018, 04:55:09 PM

The only pirate that should be mentioned here:

Seriously, anything jl777 touches is by default a scam. Fuck off with your bullshit.

Yup https://coinmarketcap.com/currencies/supernet-unity/

Not traded on any exchange.

Is funny how orange and grey looks similar as of Monero.

If you didn't know, UNITY was swapped for SUPERNET (an asset chain on Komodo). UNITY hasn't traded in like 7 months. You're also talking about colors when both coins were launched back in 2014... Not that this is thread relevant but at least be informed.

boomboom

hero member

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Quote from: Globb0 on September 27, 2018, 08:28:23 AM

This thread needs a mod to kill the junk

This thread discusses Zcash all the time, a fair launched Z tx only fork with a pirate meme secured by bitcoin hash is surely relevant to most readers here, you should welcome the addition of another version of fungible digital cash, offer some insightful criticism if you are able... or you can ask mods for censorship.

boomboom

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Quote from: Febo on September 27, 2018, 06:31:36 PM

Quote from: jwinterm on September 27, 2018, 04:55:09 PM

The only pirate that should be mentioned here:

Seriously, anything jl777 touches is by default a scam. Fuck off with your bullshit.

Yup https://coinmarketcap.com/currencies/supernet-unity/

Not traded on any exchange.

Is funny how orange and grey looks similar as of Monero.

Supernet is an asset fund that holds other crypto, it's mostly traded OTC now

The holdings are here http://old.supernet.org/nav.php

Febo

legendary

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Quote from: jwinterm on September 27, 2018, 04:55:09 PM

The only pirate that should be mentioned here:

Seriously, anything jl777 touches is by default a scam. Fuck off with your bullshit.

Yup https://coinmarketcap.com/currencies/supernet-unity/

Not traded on any exchange.

Is funny how orange and grey looks similar as of Monero.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 139. (Read 4671114 times)