Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1961. (Read 4671108 times)

Bytecoin has issues regarding scaling. Evan has thought of a workaround to attain ring-sig level anonymity without the drawbacks of ring-sigs. If it works = epic win. We'll see how it goes.

In the meantime Bytecoin must improve its own implementation because as it currently stands, it has issues in scaling and security (it's crackable by quantum computers). Whether this can be fixed in the current implementation or a scratching-off of the current implementation and relaunching as a new coin, will be the real question. If it's the later, all the bytecoin 1.0 + clone coins will be irrelevant. And clones of the bytecoin 2.0 variant will be unsuccessful given the history of what happened to clones of 1.0.

Bytecoin has issues regarding scaling. Evan has thought of a workaround to attain ring-sig level anonymity without the drawbacks of ring-sigs. If it works = epic win. We'll see how it goes.

In the meantime Bytecoin must improve its own implementation because as it currently stands, it has issues in scaling and security (it's crackable by quantum computers). Whether this can be fixed in the current implementation or a scratching-off of the current implementation and relaunching as a new coin, will be the real question. If it's the later, all the bytecoin 1.0 + clone coins will be irrelevant. And clones of the bytecoin 2.0 variant will be unsuccessful given the history of what happened to clones of 1.0.

Darkota... you have proven your point. but I know for a fact that all this will be obsolete in 2044.  Because then we will have a technology called master dark night crypto
 node rings. This will blow everything away and Evan will have died of an heart attack while trying to implement and and so we are all wasting our time. My suggestion for  Darkota is to wait for this technology and mine it on day one. You will be filthy rich. It will be mine able on anything that can perform any sort of computation. An ordinary abacus will get 233.65 kh/s. I have seen this. It's amazing

I am the developer of this new technology and an expert.

It doesn't matter the algorithim  lmao...So implementing Ring Signatures on Darksend would grant the same exact anonymity that it does to Bytecoin forks...Your arguement is invalid.

You're not making any sense...Which is better?

Darkcoin: Masternodes that allow for anonymous transactions And incentive to uphold the netowrk

Bytecoin/Monero/Quazarcoin etc etc: Ring Signatures that cause extreme bloating, but offer anonymous transactions.

Now you see that Darkcoin's Masternodes are still better right? Now look at this

Darkcoin months from now will have:

1) Masternodes that allow for anonymous transactions And incentive to uphold the network
2) Ring Signatures with the major bloating/scaling issues gone
3) I2P

Monero months from now will have:
1) Ring Signatues with horrible bloating and scaling issues.


It's a no brainer..Darkcoin is 10x better than a fork of Bytecoin(i.e Monero, Quazarcoin, HoneyPenny etc)



Darkota... you have proven your point. but I know for a fact that all this will be obsolete in 2044.  Because then we will have a technology called master dark night crypto
 node rings. This will blow everything away and Evan will have died of an heart attack while trying to implement and and so we are all wasting our time. My suggestion for  Darkota is to wait for this technology and mine it on day one. You will be filthy rich. It will be mine able on anything that can perform any sort of computation. An ordinary abacus will get 233.65 kh/s. I have seen this. It's amazing

I am the developer of this new technology and an expert.

You're not making any sense...Which is better?

Darkcoin: Masternodes that allow for anonymous transactions And incentive to uphold the netowrk

Bytecoin/Monero/Quazarcoin etc etc: Ring Signatures that cause extreme bloating, but offer anonymous transactions.

Now you see that Darkcoin's Masternodes are still better right? Now look at this

Darkcoin months from now will have:

1) Masternodes that allow for anonymous transactions And incentive to uphold the network
2) Ring Signatures with the major bloating/scaling issues gone
3) I2P

Monero months from now will have:
1) Ring Signatues with horrible bloating and scaling issues.


It's a no brainer..Darkcoin is 10x better than a fork of Bytecoin(i.e Monero, Quazarcoin, HoneyPenny etc)

Evan has also perfected Masternodes to where they're as anonymous as Ring Signatures.
And he's not done.

He's going to implement Ring Signatures

No offense, but you sound really stupid. CryptoNote isn't that anonymous, as anonymint said. You can definitely implement Ring Signatures into a Bitcoin type coin and have it working pretty much the same it does on Bytecoin forks...

It doesn't matter the algorithim  lmao...So implementing Ring Signatures on Darksend would grant the same exact anonymity that it does to Bytecoin forks...Your arguement is invalid.

I tried it on Windows XP 32bit.The error message is "bitmonerod.exe is not a valid Win32 application"
Simplewallet.exe and simpleminer.exe give the same error message too.

Are you using cpuminer-multi?  (minerd)

I have the same problem - whether I use the --no-longpoll flag or not, it still switches to "booooo" after some number of hashes, and then stays there.  It looks like a bug in the pool code, as the difficulty appears to drop back to the pool's openign value at the same time.

i.e. pool might start me off at difficulty 500.. it will then go up to a higher level incrementally with lots of "yay", and then suddenly minerd shows difficulty back at 500 and forevermore get boooo.

I'm back to using simpleminer again and just running multiple instances of it - one for each cpu thread.

No he will not, and if he does it will be a shitty, forced implementation whereas the natural enviorment for ring signatures is within Monero's code. Just deal with the fact being a Bitcoin fork presents 0.0 advantages for being anonymous.

Something weird is happening, whenever I mine for a certain amount of time, all shares are getting refused. Anybody having this issue? I don't know if time is the factor or something else happening on the computer but it is very weird.

Pm each other if you want to bitch about darkcoin.

Provide Details? Whats the error, whats your os?

Darksend/Masternodes are a brilliant Idea by Evan. They give incentive to host nodes to uphold the network And allow anonymous transactions...Basically, you get paid to help uphold the Darkcoin network and have anonymous transactions at the same time, unlike Bitcoin and such where you get nothing in return.

Evan has also perfected Masternodes to where they're as anonymous as Ring Signatures.
And he's not done.

He's going to implement Both Ring Signatures and I2P ontop Masternodes.

Monero and other Bytecoin clones don't stand a chance against Darkcoin practically...

By the way,the 32bit binaries are not working. I tried both 15/5 and 20/5 versions

Darksend/Masternodes are a brilliant Idea by Evan. They give incentive to host nodes to uphold the network And allow anonymous transactions...Basically, you get paid to help uphold the Darkcoin network and have anonymous transactions at the same time, unlike Bitcoin and such where you get nothing in return.

Evan has also perfected Masternodes to where they're as anonymous as Ring Signatures.
And he's not done.

He's going to implement Both Ring Signatures and I2P ontop Masternodes.

Monero and other Bytecoin clones don't stand a chance against Darkcoin practically...

I hope Darksend Masternode investors did their homework on Ring Signature technology. When coins already exist (Monero) that are more anonymous than Darkcoin/Darksend without requiring centralized nodes only accessible to those rich enough to afford the arbitrary amount, it stands to topple your whole system.

Monero is like a decentralized Darkcoin if you think about it.