ASIC is coming ,XVG and DGB are killed by AISC,obviously,XMR will dump to floor.
Monero's POW algorithm is soon to be changed slightly. This will render any asics useless.
Are you sure that minor changes in hash algorithm can help to avoid asics, cause they probably can update/reprogramming their FPGA
FPGA (field Grid Programmable Array) is a system that can be programmed to act as an asic but it does not have even close to asic speed because the chips used are much slower than if you had made the asic on die.
Holy crap you guys. Eureka! I figured it out! Not just a stop gap measure to address the fork ring sig reuse problem. The actual solution! I was just laying in bed trying to fall asleep and it hit me like a tire iron to the face.
It is possable to deterministically derive ring sig partners but in a way that would be functionally random to any outside observer. I'll give an example of one way of doing it. Take
sha256([your private key] [transaction hash of most recent input]) mod [number of prospective ring signature partners]
Then make all of the prospective ring signature partners into an ordered numbered set and use the resulting modulus from the pseudo code above to select one. Continue wrapping around the clock face as many times as needed to arrive at the number of ring signature partners desired.
There would be 0 information leak from the outside, the ring signature partners would be functionally random to any outside observer BUT, and here is the beautiful thing, the same ring signature partners would end up being selected on both the main chain
AND the fork chain!
Of course what I outlined above almost certainly isn't the best way to achieve this. It was just to outline the concept.
Merits! I deserve all of the merits. Bequeath unto me thine merits! (well, after peer review, and not just if my specific idea is right but if I'm barking up close enough to the right tree to inspire someone smarter than me)
The prospective ring signature partners
is a numbered order set consisting of the total number of transactions so what is the benefit of using that as it can easily be determined? Or am I just missing something there?
AFA as the concept itself,I cannot comment on except it sounds doable.
What happened to the hoard of reddit supporters? They have no issue funding marketing bullshit so they can line their greedly little pockets but when it comes to the most important core parts of the project they are no where to be found. It's almost as if security is kicked from the back seat into the trunk. I bet if we put up a funder to get some second rate hack actor like Seagal it would be funded in 10 minutes.
https://forum.getmonero.org/8/funding-required/90007/bulletproofs-audit-fundraisingWe want Carlos from bitconnect!
Come on now 170 xmr in 3 days is not bad at all.
It used to be hours tops for this stuff.
All done. 3 days. 240 xmr ain't peanuts anymore either.
120k subs on reddit. Typically 3000-4000+ online at any given time. Ya, not much for community support given the numbers. But we still get it done.
Nice to see you guys still supporting the core ideals over here and I'm glad Fluffy used the Dev fund for the remainder. It's weird with the FFS sometimes I forget that there is a Dev fund that gets a cut of most pools.
Anyone know how much is in the development fund?
Good question, I'm sure there is a view key around somewhere but I have no clue where. It would be nice to see a spreadsheet to see how it's been used over the years. I only disagreed with one thing it was used for (at least that I know) so that's pretty damn good over all as in any organization having that kind of agreement from the community is pretty unheard of.