[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1766.

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: owlcatz on June 21, 2014, 05:57:26 PM

Quote from: eizh on June 21, 2014, 05:12:35 PM

DRK with all its shady supply tricks is almost benign compared to this new breed of shitcoins.

Can you elaborate on why you believe that XMR is a new breed of shitcoin? I'm actually interested in your opinion. thanks.

He's on the Monero core team, that's very much NOT what he was saying;)

The "new breed of shitcoin" he's referring to is in his previous sentence: "Meanwhile, most of the 'competition' consists of 3 to 7 day PoW followed by PoS."

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Quote from: liteon on June 21, 2014, 04:33:53 PM

is Monero network under maintenance?
Because:
1. Rewards are delayed
2. My hashrates half-ed
3. To many errors everywhere

Massive DDOS on all big pools.

Everything is down.

"Everything" is not down.

http://monerochain.info - blocks are still averaging around a minute between blocks.

Pools being DDoS'd does not affect the network.

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: eizh on June 21, 2014, 05:12:35 PM

DRK with all its shady supply tricks is almost benign compared to this new breed of shitcoins.

Can you elaborate on why you believe that XMR is a new breed of shitcoin? I'm actually interested in your opinion. thanks.

twospirit

hero member

Activity: 502

Merit: 500

Jun-18 07:58:32.970145 bitmonero v0.8.8.1(0.1-g328a52a)
2014-Jun-18 07:58:32.975145 Module folder: C:\monero.win.x64.latest2\bitmonerod.exe
2014-Jun-18 07:58:32.980145 Initializing p2p server...
2014-Jun-18 07:58:32.985145 ERROR c:\temp\monero\git-experimental\bitmonero-0.8.8update-x64\src\p2p\net_node.inl:82 Exception at [node_server::init_config], what=invalid signature
2014-Jun-18 07:58:32.995145 ERROR c:\temp\monero\git-experimental\bitmonero-0.8.8update-x64\src\p2p\net_node.inl:204 Failed to init config.
2014-Jun-18 07:58:33.005145 ERROR ..\..\src\daemon\daemon.cpp:148 Failed to initialize p2p server.
2014-Jun-18 07:58:33.010145 Mining has been stopped, 0 finished

can someone help with this?

hedgy73

legendary

Activity: 1414

Merit: 1077

Quote from: superresistant on June 21, 2014, 05:11:11 PM

Quote from: MoneroMooo on June 21, 2014, 05:04:26 PM

Quote

Pools have ruined most coins like it or not especially multi-pools. Go back a few years that'll do me Grin

How so ? Being a newcomer, I thought pools were about decreasing the variance...

He talks about multi-pools. It doesn't exist on Monero (yet).
A multi-pool mine altcoins and dump them automatically to only pay Bitcoins.

Did I say there was a monero multi-pool?

No, I said multi-pools were killing coins....

Sorry to disagree with you but I stand by what I said....

hedgy73

legendary

Activity: 1414

Merit: 1077

Quote from: eizh on June 21, 2014, 05:12:35 PM

Quote

it offers liquidity, security, privacy, fungibility, fairness, recognition and deflation in a single package.

new breed of shitcoins.

Certainly not a shitcoin. Much more to offer Wink

eizh

hero member

Activity: 560

Merit: 500

Quote

it offers liquidity, security, privacy, fungibility, fairness, recognition and deflation in a single package.

Disinflation, not deflation. XMR's emission curve benefits come in strongly right around the 2-year mark. Meanwhile, most of the 'competition' consists of 3 to 7 day PoW followed by PoS. DRK with all its shady supply tricks is almost benign compared to this new breed of shitcoins.

superresistant

legendary

Activity: 2142

Merit: 1131

Quote from: MoneroMooo on June 21, 2014, 05:04:26 PM

Quote

Pools have ruined most coins like it or not especially multi-pools. Go back a few years that'll do me Grin

How so ? Being a newcomer, I thought pools were about decreasing the variance...

He talks about multi-pools. It doesn't exist on Monero (yet).
A multi-pool mine altcoins and dump them automatically to only pay Bitcoins.

MoneroMooo

legendary

Activity: 1276

Merit: 1001

Quote

Pools have ruined most coins like it or not especially multi-pools. Go back a few years that'll do me Grin

How so ? Being a newcomer, I thought pools were about decreasing the variance...

hedgy73

legendary

Activity: 1414

Merit: 1077

Quote from: superresistant on June 21, 2014, 04:55:11 PM

Quote from: hedgy73 on June 21, 2014, 04:46:36 PM

Quote from: superresistant on June 21, 2014, 04:45:08 PM

Quote from: liteon on June 21, 2014, 04:40:20 PM

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Massive DDOS on all big pools.
Everything is down.

Thanks for fast update.
When can we expect it back in order?

When the DDOSer who is probably a big miner realize that killing the pools is bad for XMR reputation and it might affect the price negatively, therefore his profit.

Exactly! Only reason pools are being attacked is because of big solo miners or other pools / private pools being greedy. Fuck them go solo

I like the spirit of solo mining but variance is a bitch and people are not gonna mine for free.
We need pools to provide a flat reward among miners according to their hashing power.

Without pools, only few rich bot-miners will get the reward.
If miners perceive the reward as unfair, the coin die.

I agree totally. However if solo miners were allowed to mine a coin without pools then its upto the individual to how much hash power they are prepared to give whether it paid or not.

Pools have ruined most coins like it or not especially multi-pools. Go back a few years that'll do me Grin

superresistant

legendary

Activity: 2142

Merit: 1131

Quote from: AceCobra1 on June 21, 2014, 04:55:48 PM

Quote from: superresistant on June 21, 2014, 04:45:08 PM

Quote from: liteon on June 21, 2014, 04:40:20 PM

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Massive DDOS on all big pools.
Everything is down.

Thanks for fast update.
When can we expect it back in order?

When the DDOSer who is probably a big miner realize that killing the pools is bad for XMR reputation and it might affect the price negatively, therefore his profit.

How come it still says the network hash is 13MH/s when the largest mining pool is down? I mean surely it would be 13 - 4 = 9MH/s now ?

I don't now how is the total hashrate is calculated so I cannot make conclusions. It could be updated every xx hours.

AceCobra1

sr. member

Activity: 364

Merit: 250

Quote from: superresistant on June 21, 2014, 04:45:08 PM

Quote from: liteon on June 21, 2014, 04:40:20 PM

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Massive DDOS on all big pools.
Everything is down.

Thanks for fast update.
When can we expect it back in order?

When the DDOSer who is probably a big miner realize that killing the pools is bad for XMR reputation and it might affect the price negatively, therefore his profit.

How come it still says the network hash is 13MH/s when the largest mining pool is down? I mean surely it would be 13 - 4 = 9MH/s now ?

superresistant

legendary

Activity: 2142

Merit: 1131

Quote from: hedgy73 on June 21, 2014, 04:46:36 PM

Quote from: superresistant on June 21, 2014, 04:45:08 PM

Quote from: liteon on June 21, 2014, 04:40:20 PM

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Massive DDOS on all big pools.
Everything is down.

Thanks for fast update.
When can we expect it back in order?

When the DDOSer who is probably a big miner realize that killing the pools is bad for XMR reputation and it might affect the price negatively, therefore his profit.

Exactly! Only reason pools are being attacked is because of big solo miners or other pools / private pools being greedy. Fuck them go solo

I like the spirit of solo mining but variance is a bitch and people are not gonna mine for free.
We need pools to provide a flat reward among miners according to their hashing power.

Without pools, only few rich bot-miners will get the reward.
If miners perceive the reward as unfair, the coin die.

hedgy73

legendary

Activity: 1414

Merit: 1077

Quote from: superresistant on June 21, 2014, 04:45:08 PM

Quote from: liteon on June 21, 2014, 04:40:20 PM

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Massive DDOS on all big pools.
Everything is down.

Thanks for fast update.
When can we expect it back in order?

When the DDOSer who is probably a big miner realize that killing the pools is bad for XMR reputation and it might affect the price negatively, therefore his profit.

Exactly! Only reason pools are being attacked is because of big solo miners or other pools / private pools being greedy. Fuck them go solo

HashInvest

full member

Activity: 143

Merit: 100

Pools: XMR.HashInvest.net

Guys, spread hashrate. http://xmr.hashinvest.net / 0.75% FEE

superresistant

legendary

Activity: 2142

Merit: 1131

Quote from: liteon on June 21, 2014, 04:40:20 PM

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Massive DDOS on all big pools.
Everything is down.

Thanks for fast update.
When can we expect it back in order?

When the DDOSer who is probably a big miner realize that killing the pools is bad for XMR reputation and it might affect the price negatively, therefore his profit.

liteon

legendary

Activity: 1092

Merit: 1000

I'm a Firestarter!

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Massive DDOS on all big pools.

Everything is down.

Thanks for fast update.
When can we expect it back in order?

hedgy73

legendary

Activity: 1414

Merit: 1077

Quote from: superresistant on June 21, 2014, 04:36:30 PM

Quote from: liteon on June 21, 2014, 04:33:53 PM

is Monero network under maintenance?
Because:
1. Rewards are delayed
2. My hashrates half-ed
3. To many errors everywhere

Massive DDOS on all big pools.

Everything is down.

Time to solo mine then Grin

superresistant

legendary

Activity: 2142

Merit: 1131

Quote from: liteon on June 21, 2014, 04:33:53 PM

is Monero network under maintenance?
Because:
1. Rewards are delayed
2. My hashrates half-ed
3. To many errors everywhere

Massive DDOS on all big pools.

liteon

legendary

Activity: 1092

Merit: 1000

I'm a Firestarter!

is Monero network under maintenance?
Because:
1. Rewards are delayed
2. My hashrates half-ed
3. To many errors everywhere

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1766. (Read 4670610 times)