Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1467. (Read 4671660 times)

We've been reeling this week to weed out any effects of the attack, so hard to say. We'll regroup tomorrow and see where we're at with that, but it has/had been progressing quite nicely: https://github.com/mikezackles/bitmonero/tree/fees_wip

Completely off-topic but just thought I'd point out that if there is an Elephant in the room it Does NOT have to be pointed out. That is why it is called "An Elephant in the room", It is something you cannot miss.

Any comment on this?

There's no need to do this, just use the latest version. Once you sync up to blocks 202612 - 202614 it will checkpoint to make sure you're on the right chain, and then it will start to ignore those bad peers.

There are 5-15 currencies in the world, depending on how you count; the rest is stamp collecting. Their number is shrinking as economic regions unite. Cryptos are global by design. Do you see where I am going with this?

In my understanding all coins in the world were either gold, silver, mixture or debased thereof, or tokens exchangeable or redeemable in gold/silver.

That is 2 valuable things. Auxiliary monies have been salt, cattle, and fringe cases.

Yes, I have written a book about it. Happens to be that the only book I have ever written is about monetary history and silver in particular 

What was your point again?

How long will you continue cooking CZ along the Good cop/bad cop layout? How about switching roles, switching into BadPony and Fluffyrpietila just for the change?

Regarding coins I tend to think it parallels the world out there, which supports 160 different currencies. Of course this implies that none of them can go to the moon, not even the Tetradrachmon unless you got in there really, really, really-really early (300y ago, that is before B.C.)

It IS an obsession that you come to constantly (like: weekly - this forum has 100000s of accounts, how many do you involve weekly??) harass me, despite that I have said I don't want anything to do with you.

Your problem why I have banned you is that you have offended my family. That is something you need to apologize. Without it, there is no way to reconciliation. It is very simple. Apologize, or go away. I have nothing to say to you. This will not change, you are wasting your time and making a greater fool about yourself. Some things cannot be bought.

My OS is win7 64bit ,not linux.

How use this blockchain.bin ? Daemon tools tells Error in command line.

They have never been necessary for regular functioning - if you have a specific use-case for either you'll have to compile them from source:)

An important attribute for money is limited and knowable supply. I also support cooperation between coins but at the same time there needs to be some limit to what are legitimate coins and what are not. Otherwise you could just expand money supply at will.

In my books, BTC is legitimate due to being the first.

XMR is the legitimate one among cryptonote coins (and by extension - of all anon tech).

There are no other market niches that would support a coin.


2.0 tech such as NXT, XCP maybe good but they should be clearly branded to be something else than coins.

I support both. XMR has more market capitalization. But BBR has better blockchain.

(after reading the last 3 or so pages)

More facts. Less drama.


Also: it should be pretty obvious by now to everyone supporting either XMR or BBR that there is more to be gained from cooperation between (devs & communities of) those two coins than from hostility between them.


EDIT: iCEBREAKER provided a pretty solid summary on the previous page, imo.

This is completely off-topic:

Monero emission rate closed form

TL;DR: Let a = 2^-20 * 10^-12, then block reward is R_n = M a (1 - a)ⁿ

While absentmindedly reading the OP for the first time in months and admiring what it has become in the meantime, I couldn't help notice that the emission rate is still advertised in that clunky recurrence relation with additional statistics and a graph to illustrate what's going on. While the statistics and graph are certainly well-received, they should not be necessary to convey what everybody feels or "knows" or knows: that Monero has a simple exponentially decreasing emission rate. So I've decided in a burst of melancholia to solve it with pen and paper, as opposed to, say, Mathematica's RSolve or similar.

Proof

Let M = 2⁶⁴ - 1 be the total number of atomic units
Let a = 2^-20 * 10^-12 be the constant that appears in the original definition
Assuming genesis block is number 0
Let R_n be the block reward of block number n

The original recursive definition is that

R_n+1 = (M - R₀ - R₁ - R₂ - ... - R_n) a
R_n+1 = M a - R₀ a - R₁ a - R₂ a - ... - R_n a

So let's expand a few terms

R₀ = M a
R₁ = M a - M a²
R₂ = M a - 2 M a² + M a³
R₃ = M a - 3 M a² + 3 M a³ - M a⁴
...

That looks familiar, doesn't it? Let's try to generalize

R_n = M a - n M a² + ^n(n-1)/₂ M a³ - ... + (-1)ⁿ M aⁿ⁺¹)
R_n = M a (1 - n a + ^n(n-1)/₂ a² - ... + (-1)ⁿ aⁿ)
R_n = M a (1 - a)ⁿ (*)

Huh. Now let's prove it with strong induction (see base cases above)

Assuming R₀, R₁, ..., R_n satisfy (*) above

R_n+1 = M a - R₀ a - R₁ a - R₂ a - ... - R_n a
R_n+1 = M a - M a² - M a² (1 - a) - M a² (1 - a)²- ... - M a² (1 - a)ⁿ
R_n+1 = M a - M a² (1 + (1 - a) + (1 - a)² + ... + (1 - a)ⁿ)
R_n+1 = M a - M a² (1 - (1 - a)ⁿ⁺¹) / (1 - (1 - a))
R_n+1 = M a - M a (1 - (1 - a)ⁿ⁺¹)
R_n+1 = M a ( 1 - (1 - (1 - a)ⁿ⁺¹))
R_n+1 = M a (1 - a)ⁿ⁺¹

QED

Ahhh, feels like 6th grade again...

monero.win.x64.latest.zip
Where are simpleminer.exe & connectivity_tool.exe? So I have use my old ones or this files are not unnecessary anymore?   

Can we still expect per KB fees until September ~15th?

Good job if everything else is now working properly again.

The Drooling Masses® has successfully updated the blockchain and the windows binaries. 

Now the version # needs to be added to the tread title.

No. If you pay over $0.1/kWH, you will not cover your electricity cost.

fluffypony, thank you good man!