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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1641. (Read 4670972 times)

donator
Activity: 1722
Merit: 1036
(I still maintain the lowest block reward should be at least 1 monero.)

What are the inputs that must be considered when setting the eternal inflation parameters for a PoW coin? From technical perspective, I mean.


From economical perspective, 100 years of growth at 2% APR is 624% per century. Granted, century is a long time, but also the current system with its wasteful resource acquisition and general footprint on pristine nature, cannot continue 1-2 more centuries with this growth rate.

On the other hand, gold production of about 1.2% (historically higher ~2%) can be regarded as near optimal, because gold has held its value vs. oil in the last decades.

If the economic and population growth abate, 0% is of course optimal as you cannot go lower.

=> The quick thinking would point to 0.5%-2% bracket, and it must be percentage, not a fixed amount.

This is a really important matter. A 1%-point fail can easily destroy the coin. (see silver inflation in 1850-1870 for instance how a precious metal was destroyed)
member
Activity: 84
Merit: 10
FUD'ers are a good sign of someone seriously being afraid of a stronger and better Huh competitor Smiley


just quick owerview of dwarves features different from the other pools:

* diff graphs + handy Profit Calculator

* the possiblity to determinate SEPARATELY each worker

* powerful dedicated FAILOVER servers wordwide with 64GB RAM, SSD in RAID for more Stability. all miners' shares are calulated from all servers!

* mining directly to an exchange

* longer than half of year experience in a pool operating, code refactoring and pool-programming

* dwarfpool is not standart MPOS, but self-developed and optimized project on Phyton, that's why our miners get the most open and transparent statistic possible!
it's not just "the most reliable" with balance, submitted and hashrate ))










sorry for blue graphs, the website will be completely ready next days  Cheesy

more features to come  Tongue


I'd say check some time and compare the resut and quality of pools )) old does not mean better Wink


ou, not forget 1% fee forever for members who will come now, from Wednesday 16.07 fee will increase to 2%  


donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
This is very preliminary, but it appears to me that all anonymous coins based on unlinkability will not be able to solve the very serious double-spend threat.

If am correct, this is both a major and fundamental solution for longest chain rule of proof-of-work, but it also eliminates unlinkability as a anonymity solution.

Sorry to say. Again this is preliminary, and needs more peer review.

I'm reading the paper but am not seeing why their time stamp idea would eliminate unlinkability, you really need to explain your point AnonyMint, because you're being so vague here.

Also the programmed self destruction does not really apply to Monero. We have both a smooth emission and immortal supply.

(I still maintain the lowest block reward should be at least 1 monero.)

There is some talk around that (a minimum block reward) - tacotime had some nice thoughts around it, and we'll wrap it up into a proposal and put it out there soon-ish.
legendary
Activity: 1176
Merit: 1015
This is very preliminary, but it appears to me that all anonymous coins based on unlinkability will not be able to solve the very serious double-spend threat.

If am correct, this is both a major and fundamental solution for longest chain rule of proof-of-work, but it also eliminates unlinkability as a anonymity solution.

Sorry to say. Again this is preliminary, and needs more peer review.

I'm reading the paper but am not seeing why their time stamp idea would eliminate unlinkability, you really need to explain your point AnonyMint, because you're being so vague here.

Also the programmed self destruction does not really apply to Monero. We have both a smooth emission and immortal supply.

(I still maintain the lowest block reward should be at least 1 monero.)
hero member
Activity: 798
Merit: 1000
its pretty difficult for a whole community to be racist
what about germans?

Ah, there's always one!
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Are Mintpal withdrawals coming through yet?

I did get mine finally.
hero member
Activity: 966
Merit: 1003
Are Mintpal withdrawals coming through yet?
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
its pretty difficult for a whole community to be racist
what about germans?

AAAAAAAAAND we did it!  Congrats on bringing the troll straight down to it's inevitable end. Wink

donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
its pretty difficult for a whole community to be racist
what about germans?

Well you know what they say..."Alles hat ein Ende, nur die Wurst hat zwei"
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
its pretty difficult for a whole community to be racist
what about germans?
hero member
Activity: 518
Merit: 521
This is very preliminary, but it appears to me that all anonymous coins based on unlinkability will not be able to solve the very serious double-spend threat.

If am correct, this is both a major and fundamental solution for longest chain rule of proof-of-work, but it also eliminates unlinkability as a anonymity solution.

Sorry to say. Again this is preliminary, and needs more peer review.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
do i understand it right that for this coin cold storage for backup purpose is not really needed, since i can just delete the wallet files and keep my deterministic passphrase on paper?

sure, its not the same like signing transactions with offline computer and watch-only wallet, but its good enough to just keep it pretty well safe no ?



You can restore a wallet from the deterministic seed so yes. I would certainly suggest attempting the process in test a couple of time before deleting your wallet file with all your savings on Wink

I would suggest keeping a copy of the old files in an encrypted archive.   I personally archive -> SHA256 encrypt -> uuencode -> store as text in cloud.  But one could be much less convoluted and still be safe. Wink
member
Activity: 84
Merit: 10
Ill help you out;

IRC   #monero  •  #monero-dev  •  #monero-otc

Twitter  https://twitter.com/monerocurrency

Reddit  http://www.reddit.com/r/monero

Facebook https://www.facebook.com/monerocurrency

Google + https://plus.google.com/101861896996947433029/posts

Offical domain   www.monero.cc

Forum   https://monerotalk.org


I give up seriously, is this the best people can do to FUD the coin just complain about links not opening...






please forgive me  Kiss and do not give up! without active people this has no future  Cheesy

thank you for useful links, may I also ask you to add Profit Calculator from DwarfPool to your list

http://dwarfpool.com/xmr/calc




member
Activity: 84
Merit: 10

http://lmgtfy.com/?q=monero+talk+


I give up seriously, is this the best people can do to FUD the coin just complain about links not opening...


https://monerotalk.org


FUD'ers are a good sign of someone seriously being afraid of a stronger and better competitor Smiley


I never would say "of better" competitor, why do you know, who is better? ))

dwarves miners are satisfied with our services, functionality and their earnings on the pool

just one of examples
https://bitcointalksearch.org/topic/m.7514196


Yes, I am quite new here and do just fill dwarves website with monero info quickly, noticing the wrong link, but I got it ))



member
Activity: 84
Merit: 10

http://lmgtfy.com/?q=monero+talk+


I give up seriously, is this the best people can do to FUD the coin just complain about links not opening...


https://monerotalk.org


FUD'ers are a good sign of someone seriously being afraid of a stronger and better competitor Smiley
+1

but your post is superb "very informative"!  Roll Eyes


member
Activity: 94
Merit: 10

http://lmgtfy.com/?q=monero+talk+


I give up seriously, is this the best people can do to FUD the coin just complain about links not opening...


https://monerotalk.org


FUD'ers are a good sign of someone seriously being afraid of a stronger and better competitor Smiley
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Some examples of FUD from Vilawil, digitalninja81 and friends earlier in the thread. Beware the trolls.

That's the reason of the ignore list Cheesy
hero member
Activity: 798
Merit: 1000

http://lmgtfy.com/?q=monero+talk+


I give up seriously, is this the best people can do to FUD the coin just complain about links not opening...


https://monerotalk.org

sr. member
Activity: 280
Merit: 250
Some examples of FUD from Vilawil, digitalninja81 and friends earlier in the thread. Beware the trolls.


Can anybody describe to me perspectives of the Monero?


Monero has no future, because there’s hardly a single competent developer in their devs team and the market can't withstand such amount of coins, and it will only get worse in a few months’ time.

I'm disappointed in Monero’s  debs. They could at least make a nice website, since they compete for the title of best developers.

Them, best developers? For God’s sake! A better title would be the best scammers. IMO, that’s all they deserve.
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