[XMR] Monero - A secure, private, untraceable cryptocurrency - page 177.

Lontonbit

full member

Activity: 420

Merit: 108

Quote from: Oranium80 on June 16, 2018, 02:03:19 PM

hey guys i have been following monero for a long time now and i can see that its the top privacy coin however im seeing a lot of strong competition popping up which seam to have a lot of scaling solutions.
what does monero have planned to address the scaling issues ?
i think in this current era that being able to handle a high amount of transactions per second would be extremely important.

i appreciate any answers and replies in advance.
Thanks

Dash is the top privacy coin 😁 just though I’d clarify. You can see it on coin market cap.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: Oranium80 on June 16, 2018, 02:03:19 PM

hey guys i have been following monero for a long time now and i can see that its the top privacy coin however im seeing a lot of strong competition popping up which seam to have a lot of scaling solutions.
what does monero have planned to address the scaling issues ?
i think in this current era that being able to handle a high amount of transactions per second would be extremely important.

i appreciate any answers and replies in advance.
Thanks

Bullet proofs are developed and in testing, they will bring an 80+% space savings on chain.

Oranium80

jr. member

Activity: 89

Merit: 2

hey guys i have been following monero for a long time now and i can see that its the top privacy coin however im seeing a lot of strong competition popping up which seam to have a lot of scaling solutions.
what does monero have planned to address the scaling issues ?
i think in this current era that being able to handle a high amount of transactions per second would be extremely important.

i appreciate any answers and replies in advance.
Thanks

Scooby903

hero member

Activity: 896

Merit: 500

i have tried to install monero wallet will not connect node .. it says manually do monerod which i have tried but windows comes up with stopping not working

lncm

member

Activity: 388

Merit: 13

Quote from: dEBRUYNE on June 16, 2018, 06:10:16 AM

Quote from: lncm on June 16, 2018, 05:12:14 AM

Could someone elaborate about Ledger Nano S Monero support?

Will it be required an upgraded firmware? Will it be native to Ledger Nano S or interface remains Monero Wallet with hardware validation (like MEW and Stellar wallets online)?

Thanks.

You have to run the Monero app in conjunction with the Monero software (either the CLI or the GUI). Note that, in the initial version, you can only generate a Ledger Monero wallet with the CLI. However, you can subsequently use it in the GUI. In addition, see:

https://monero.stackexchange.com/questions/8503/how-do-i-generate-a-ledger-monero-wallet-with-the-cli-monero-wallet-cli

Thanks, I was missing the ledger monero app, it was under that "show developer itens".

I think I'll wait for 12.2 GUI, however.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: lncm on June 16, 2018, 05:12:14 AM

Could someone elaborate about Ledger Nano S Monero support?

Will it be required an upgraded firmware? Will it be native to Ledger Nano S or interface remains Monero Wallet with hardware validation (like MEW and Stellar wallets online)?

Thanks.

You have to run the Monero app in conjunction with the Monero software (either the CLI or the GUI). Note that, in the initial version, you can only generate a Ledger Monero wallet with the CLI. However, you can subsequently use it in the GUI. In addition, see:

https://monero.stackexchange.com/questions/8503/how-do-i-generate-a-ledger-monero-wallet-with-the-cli-monero-wallet-cli

hush

full member

Activity: 1288

Merit: 102

Quote from: ILUzbek on June 16, 2018, 05:56:23 AM

against the background of a general market fall, I understand why the price of the coin fell so much, but still I think that the coin is promising and it will still grow

It is not a matter where is the price right now we still have good chance to make comeback when ongoing down trend will get finished. Monero will be among gainers in very short time of period it will be worth for it.

ILUzbek

full member

Activity: 224

Merit: 100

against the background of a general market fall, I understand why the price of the coin fell so much, but still I think that the coin is promising and it will still grow

Cora_ED

jr. member

Activity: 140

Merit: 1

I'm going to buy some more coins XMR, at the current price on the market really want to do it. But as it has been more than once, when you buy, the price goes even lower. Who thinks the price of monero these days?

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

I'm also poised to buy a Nano

lncm

member

Activity: 388

Merit: 13

Could someone elaborate about Ledger Nano S Monero support?

Will it be required an upgraded firmware? Will it be native to Ledger Nano S or interface remains Monero Wallet with hardware validation (like MEW and Stellar wallets online)?

Thanks.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Thanks for the thoughts, maybe they even lost control of the botnet by now. Anything is possible.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Globb0 on June 15, 2018, 04:47:27 AM

Quote from: florida.haunted on June 14, 2018, 04:00:45 PM

Quote from: Hueristic on June 13, 2018, 07:21:26 PM

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote

The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Maybe the botnets didn't bother to change over, they would appear to still be running, but against the old fork, wouldn't they?

Only if they were mining on their own pool (and also failed to update their pool), but that's not what we have ever seen for identified malware (like those in the article). It always seems to point at a public pool, in which case it would just stop mining at fork (if the pool updated, but most did).

Also, as stated above, in 2.5 months they would have upgraded by now if they could. Only ASICs can't.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Quote from: florida.haunted on June 14, 2018, 04:00:45 PM

Quote from: Hueristic on June 13, 2018, 07:21:26 PM

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote

The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Maybe the botnets didn't bother to change over, they would appear to still be running, but against the old fork, wouldn't they?

Lontonbit

full member

Activity: 420

Merit: 108

Dash has a bigger market cap, I prefer to invest in the TOP privacy coin! 👍💪😁 good luck to the small cap menero lol

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: Virtuoso on June 14, 2018, 10:26:05 PM

I’m transferring funds to mymonero wallet and mymonero wallet is not showing my xmr. Blocks behind keeps increasing. Is there a reason for this?

Why not just use a regular wallet?

Virtuoso

legendary

Activity: 1120

Merit: 1002

I’m transferring funds to mymonero wallet and mymonero wallet is not showing my xmr. Blocks behind keeps increasing. Is there a reason for this?

kamaljit.singh

jr. member

Activity: 224

Merit: 7

https://www.youtube.com/watch?v=joAZQXp69Kw&feature=youtu.be …. #xmr @monero @MorphToken @qwkmonero @xcubicle @fluffypony #monero

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: florida.haunted on June 14, 2018, 04:00:45 PM

Quote from: Hueristic on June 13, 2018, 07:21:26 PM

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote

The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Also lets not forget that that study does not have access to private pools so we can assume that they do not have the entire picture.

florida.haunted

full member

Activity: 243

Merit: 125

Quote from: Hueristic on June 13, 2018, 07:21:26 PM

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote

The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 177. (Read 4671920 times)