monero criminals are only gonna be 0.0001% to benefit rest will be fools
such shit coin like monero needs to stop which has poised the internet with digital money and untraceable transactions shit
people would convert their black bitcoin money with with shit coin its a safe haven for criminals... rest are just jackass rolling here for profile on exchange lol
Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 289. (Read 4671575 times)
December 05, 2017, 10:39:57 PM
December 05, 2017, 10:39:32 PM
True. Corporations have a lot to hide 
It's also important for corporations and businesses to not leak sensitive information about their internal operations to competitors.
More and more demand for privacy coins like Monero!!
It is not just criminals who wants privacy... actually the bigger transactions comes from wealthy folks who are trying to keep their wealth a secret.
Take a look at the leaks from Paradise Papers and Panama Papers and we can all see that it is our political leaders, royalties, top business leaders etc who are really hiding all their transactions and wealth..
criminal transactions pale in comparison to them...
It is not just criminals who wants privacy... actually the bigger transactions comes from wealthy folks who are trying to keep their wealth a secret.
Take a look at the leaks from Paradise Papers and Panama Papers and we can all see that it is our political leaders, royalties, top business leaders etc who are really hiding all their transactions and wealth..
criminal transactions pale in comparison to them...
It's also important for corporations and businesses to not leak sensitive information about their internal operations to competitors.
December 05, 2017, 10:09:01 PM
More and more demand for privacy coins like Monero!!
It is not just criminals who wants privacy... actually the bigger transactions comes from wealthy folks who are trying to keep their wealth a secret.
Take a look at the leaks from Paradise Papers and Panama Papers and we can all see that it is our political leaders, royalties, top business leaders etc who are really hiding all their transactions and wealth..
criminal transactions pale in comparison to them...
It is not just criminals who wants privacy... actually the bigger transactions comes from wealthy folks who are trying to keep their wealth a secret.
Take a look at the leaks from Paradise Papers and Panama Papers and we can all see that it is our political leaders, royalties, top business leaders etc who are really hiding all their transactions and wealth..
criminal transactions pale in comparison to them...
It's also important for corporations and businesses to not leak sensitive information about their internal operations to competitors.
December 05, 2017, 10:05:26 PM
More and more demand for privacy coins like Monero!!
It is not just criminals who wants privacy... actually the bigger transactions comes from wealthy folks who are trying to keep their wealth a secret.
Take a look at the leaks from Paradise Papers and Panama Papers and we can all see that it is our political leaders, royalties, top business leaders etc who are really hiding all their transactions and wealth..
criminal transactions pale in comparison to them...
It is not just criminals who wants privacy... actually the bigger transactions comes from wealthy folks who are trying to keep their wealth a secret.
Take a look at the leaks from Paradise Papers and Panama Papers and we can all see that it is our political leaders, royalties, top business leaders etc who are really hiding all their transactions and wealth..
criminal transactions pale in comparison to them...
December 05, 2017, 09:56:06 PM
I'm an idiot who wants red paint.
you got it man!
https://bitcointalk.org/index.php?action=trust;u=234673
December 05, 2017, 09:42:53 PM
MONERO IS A SCAM COIN ... ONLY CRIMINALS WOULD BE INTERESTED INTO SUCH ODD FORK OF BITCOIN
SHIT COIN
SHIT MONERO NO MONE ITS MONEY SPELLING ERROR LOL
SHIT COIN
SHIT MONERO NO MONE ITS MONEY SPELLING ERROR LOL
LOL Retard
December 05, 2017, 09:38:22 PM
MONERO IS A SCAM COIN ... ONLY CRIMINALS WOULD BE INTERESTED INTO SUCH ODD FORK OF BITCOIN
SHIT COIN
SHIT MONERO NO MONE ITS MONEY SPELLING ERROR LOL
SHIT COIN
SHIT MONERO NO MONE ITS MONEY SPELLING ERROR LOL
December 05, 2017, 09:37:25 PM
Fees are becoming onerous again.
until all the fancy tx size reducing code is thoroughly reviewed. Then an axe will be taken to the fees with the next hardfork.
Are you speaking of mimblewimble?
Bullet Proofs, and other tasty treats. Reducing Tx size by an order of magnitude will confer the same on Tx cost.
I love how all this stuff is proposed for bitcoin, and the Team says, Oh good, we can use that! While everyone else sits on their thumbs, or waves their hands. Or one of each, IDFK.
IKR? I heard FP talking about mimblewimble so I went and did a little research on it. Turns out the thing that is preventing them from implementing it on bitcoin (besides endless governance problems) is that you cant do any sort of on chain scripting with it. But monero doesn't try to be anything other than a currency so its a perfect fit. My crypto investment strategy has been to focus on projects that may be able to address the shortcomings of bitcoin. Namely the lack of scalability, fungibility and privacy. I took a big position in monero because it deals with the latter two but its starting to look like it might also be one of the best bets for scalability too!
Monero. It's Just Good Money.
December 05, 2017, 09:35:28 PM
lol first of all who needs such shit currency where transactions is untraceable unless your a murderer or selling bad drugs
This coin is another shit coin which people are just buying for the heck of new algo which does not serve a good purpose
common think again how many will use such currency 0.00001% criminals who want to be hidden in their dungeon nobody needs such scam technology shit coin.
BLACK LISTED MONERO
This coin is another shit coin which people are just buying for the heck of new algo which does not serve a good purpose
common think again how many will use such currency 0.00001% criminals who want to be hidden in their dungeon nobody needs such scam technology shit coin.
BLACK LISTED MONERO
. If an idea sounds stupid, often it is because you just don't get it. With some study, and reflection, or perhaps even wealth (motivator to get it) you may look outside your blinders and discover the value of fungibility/privacy. If not, well, whatever. To each it's own.
December 05, 2017, 09:30:49 PM
lol first of all who needs such shit currency where transactions is untraceable unless your a murderer or selling bad drugs
This coin is another shit coin which people are just buying for the heck of new algo which does not serve a good purpose
common think again how many will use such currency 0.00001% criminals who want to be hidden in their dungeon nobody needs such scam technology shit coin.
BLACK LISTED MONERO
This coin is another shit coin which people are just buying for the heck of new algo which does not serve a good purpose
common think again how many will use such currency 0.00001% criminals who want to be hidden in their dungeon nobody needs such scam technology shit coin.
BLACK LISTED MONERO
Wow. Tell us how you really feel!
Anyhow, off to ignore ya go buddy. You seem a bit angry, did you lose a lot of money selling low or something?
Cheers, Idiot loser!
December 05, 2017, 09:28:46 PM
lol first of all who needs such shit currency where transactions is untraceable unless your a murderer or selling bad drugs
This coin is another shit coin which people are just buying for the heck of new algo which does not serve a good purpose
common think again how many will use such currency 0.00001% criminals who want to be hidden in their dungeon nobody needs such scam technology shit coin.
BLACK LISTED MONERO
This coin is another shit coin which people are just buying for the heck of new algo which does not serve a good purpose
common think again how many will use such currency 0.00001% criminals who want to be hidden in their dungeon nobody needs such scam technology shit coin.
BLACK LISTED MONERO
December 05, 2017, 09:19:22 PM
That also begs the question how do we know when there is an asic? We blame alot of hash on botnets but we cannot verify it's not asic afaik.
Well now that is a pickle isn't it. Hopefully by the time their use became too rampant physical evidence of their existence would surface. Or if even the highest profit margin cards became grossly unprofitable even with free or very cheap energy inputs, that might be some evidence. I don't think botnet mining would be able to account for that.
December 05, 2017, 09:15:56 PM
Fees are becoming onerous again.
until all the fancy tx size reducing code is thoroughly reviewed. Then an axe will be taken to the fees with the next hardfork.
Are you speaking of mimblewimble?
Bullet Proofs, and other tasty treats. Reducing Tx size by an order of magnitude will confer the same on Tx cost.
I love how all this stuff is proposed for bitcoin, and the Team says, Oh good, we can use that! While everyone else sits on their thumbs, or waves their hands. Or one of each, IDFK.
IKR? I heard FP talking about mimblewimble so I went and did a little research on it. Turns out the thing that is preventing them from implementing it on bitcoin (besides endless governance problems) is that you cant do any sort of on chain scripting with it. But monero doesn't try to be anything other than a currency so its a perfect fit. My crypto investment strategy has been to focus on projects that may be able to address the shortcomings of bitcoin. Namely the lack of scalability, fungibility and privacy. I took a big position in monero because it deals with the latter two but its starting to look like it might also be one of the best bets for scalability too!
December 05, 2017, 09:13:07 PM
You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.
How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.
Thoughts?
How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.
Thoughts?
Well eventually we are going to have to goto a quantum resistant POW (or POW replacement?) But I'm not seeing any reason to rush ATM, not as long as we remain ASIC resistant. That also begs the question how do we know when there is an asic? We blame alot of hash on botnets but we cannot verify it's not asic afaik. Also as I stated years ago we should not change until there is a asic because that will show those that develop i that they wasted their time and effort. We should have a backup just in case though ready to go.
I'd also like to see a paper I can comprehend on ZK-Starks but thats another discussion and hopefully NobleSir will write something for us plebs after he digests it. Lol
December 05, 2017, 08:29:55 PM
While everyone else sits on their thumbs, or waves their hands. Or one of each, IDFK.
Or they sit on their thumbs and wave their hands simultaneously, thus inserting thumbs where the sun don't shine.Also, there's twiddling. You didn't mention that.
December 05, 2017, 08:24:45 PM
How many thread do this coin need?
December 05, 2017, 08:12:00 PM
what happen to xmr ,it's already double those days
December 05, 2017, 07:29:52 PM
what timeline are we looking at for changing mining algo?
let me break even first, please...
let me break even first, please...
Shouldn't make much difference for the miner or end user. Upgrade software, and carry on as if you were normal. Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.
about timeline, is this only an idea right now or is it planned already?
If there are, they are running at a loss. They are not cheap to develop/produce, so there needs to be a strong case for increased hashing speed/scale to be profitable. Network rate would show any such increase, and existing miners would be bitching left and right about how it's no longer profitable to mine Monero. So far, so good.
do you know if there are any specific plans already in dev team to do that?
Cryptonight is specifically ASIC resistant. Meaning current ASIC's technology can't do much better than CPU/GPU. SHOULD that change in future, changes will be made to defeat them. Yes, it is already being investigated. Just read a few posts above.
December 05, 2017, 07:19:57 PM
what timeline are we looking at for changing mining algo?
let me break even first, please...
let me break even first, please...
Shouldn't make much difference for the miner or end user. Upgrade software, and carry on as if you were normal. Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.
about timeline, is this only an idea right now or is it planned already?
If there are, they are running at a loss. They are not cheap to develop/produce, so there needs to be a strong case for increased hashing speed/scale to be profitable. Network rate would show any such increase, and existing miners would be bitching left and right about how it's no longer profitable to mine Monero. So far, so good.
do you know if there are any specific plans already in dev team to do that?
December 05, 2017, 07:13:45 PM
what timeline are we looking at for changing mining algo?
let me break even first, please...
let me break even first, please...
Shouldn't make much difference for the miner or end user. Upgrade software, and carry on as if you were normal. Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.
about timeline, is this only an idea right now or is it planned already?
If there are, they are running at a loss. They are not cheap to develop/produce, so there needs to be a strong case for increased hashing speed/scale to be profitable. Network rate would show any such increase, and existing miners would be bitching left and right about how it's no longer profitable to mine Monero. So far, so good.
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