Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 2079. (Read 4670972 times)

I was actually hoping that you were busy writing a reply to my topic. How many times should I ask the question so that you start answering it?

This makes me feel I am very very right on your instamine plan with hyper-optimized miner.


And my point is this "someone" is NoodleDoodle and his supporters. Most likely, you too.

Yes, difficulty adjustment IS per block, but it won't be able to comrehend huge powers fast enough therefore "a guy" or a group of people will gain MUCH more blocks compared to default users. If I can't call it instamine how should I ?

Hi emontmon and thanks for your reply,

0. As for the emission curve, as mentionned earlier, it is not something that the current team implemented - we have to live with that and it was not possible to change after without making people unhappy and breaking thing. I know it sounds easy to say "not our fault" but what else could be done?

1. For now, the focus is on the pool. Main issue is that MRO is so much different from other coins (for good reasons) that it is hard to get it right. And the minergate team (the bytecoin's pool with a huge 10% fee, a steal if you ask me) is not willing to help.

2. I hope our policy of putting our money where our mouth is" will continue to be recognized as an evidence of fairness, thanks to highlighting this point

3. You'll notice on my signature a tacotime' sentence: "Fuck the pump and dumps, we're here to create something with value that people can use". I hope than answer your question

4. I don't have the required technical skill to answer on this one, but I guess I can say, err... thanks

I thought that open source cryptocurrency is being developed by community

I have always thought that cryptocurrency people do their own coins instead of stealing them from others 

Someone made an optimized miner or started a botnet.  This has no impact on fungibility of the coin later. Artforz mined the shit out of Bitcoin with GPUs before anyone else, and there were numerous botnets on LTC.  Someone is being rewarded for their own work in obtaining a greater hashrate.  I'm not going to point fingers and shout that it's unfair.

david

thank you for your reply. I did not mean to bypass you and you have been very helpful.
those are really my thoughts on how it is percieved by outsiders.


I keep saying this but you and others are very well versed. all developers passion is to be commended.
however, items deemed as non relevant or easy are often the source of distress/frustration. reading the thread this is obvious.


the emission curve was initially said to mimic btc. however it does not.  
1. It is good to hear that features will be implemented. I think sooner rather than later. I would recommend discussion of the options posted and reasoning why one was selected over the other.
2. I see the generosity of others in contributing to funds. unlike other coins where developers are asking for money. here developers putting their own coins for development. this is probably why this coin is doing so well. like a ceo buying stocks in his own company.
3. is the goal for this coin to be an asset or a currency. maybe this is what cryptonote was referring to. perhaps keeping it off exchanges is best. in this way value of the coin is independent of btc or physical money(fiat). the demand for exchange so that people can trade is more in line with greed immediate return (not necessarily a bad thing), then the vision of cryptonote to be used as a currency long term.
4. changing from one minute to two minutes for confirmation time is good. 2 minute confirmation was done with thought, changing it to 1 minute was done with out thought. (atleast it was not made obvious)

Yeah, "no instamine, no arguments".

How do you explain this raise? How do I know you don't secretly mine the coin with ultra-optimized miner. I'd like to see my points answered.

Just to remind you:


Thank you.

some people are calling instamining the face that we will have all coins out at 8 years instead of following bitcoin's...

Add to the list: "No IPO" (although I participated in the NEM IPO, a lucky shot, I guess - I would probably not participate in an IPO today, I learnt since then).

There is no instamine. Difficulty adjustment is per block.  Blocks are coming in at almost the same rate they were a few days ago. Instamine refers to setting block reward artificially high or difficulty artificially low at the start of the chain, which has never happened with this coin.

Yes man its rude. I know.  But from the start this was exackly what i saw you doing. Instead of creating a coin that could be great you just wanted to make bytecoin's price rise.
And then when community didnt want merge mining you just disappeared...




Wasnt tft that made the mistake with the curve? I may be wrong here but i think it was tft's mistake that the coin is being mined faster than proposed...And voices were heard that it wasnt a mistake...

And you know what, no i dont like instamine. I prefer it 10 times over premine. Make a coin with no premine and no instamine and i will support it with my full power. Seriously.

In favor of instamine, may I ask?

I'm not supporting BCN for a couple of months, I was merely focused on finding the source of CryptoNote technology and playing around with the riddles. Go check it yourself.


You've got my point, great!

Because you're doing the very same thing trying to conceal it under the good intentions... apart from the fact that you didn't even make any significant contribution to the coin yourself.

That's so rude of you, man.

interesting…I will keep one eye on MRO, keep working dev(:

It's rather bizarre that you're calling this an "instamine" scam when you're so fervently supporting BCN, which was mined 80% before entering the clearnet.  Difficulty adjustments are per block, so there is no possibility of an instamine unless you don't publish your blockchain (emission is regular at the preset interval, and scales adequately with the network hash rate).  What you're accusing monero of is exactly what ByteCoin did.

May I apologize for calling a scammer a scammer. Or you were insulted by the fact you didn't know how to check hash rate? I'm very very sorry.

I am insulted by the way you treat your "community".

Now will you stop winning time and start explaining?

I guess if bytecoin guys give a fuck about community and tft actually responded to what people say he wouldnt lose control of a coin so miserably as it seems he deserves.

All you guys wanted to do was to get attention to bytecoin by creating another coin and MM on its blockchain. It looks like you failed because people got the point quite easily. Thats why he lost control. Why the fuck anyone would like to merge mine with a 80% premined coin that devs playing hide and seek on tor?

You have your fantomcoin now. Hope it succeeds. Go make people mine it hoping it will drag bytecoin upwards...


Edit: I am sorry for being aggresive but i hate premine

Are you on a 64 bit or 32 bit system?