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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 312. (Read 4671575 times)

legendary
Activity: 1512
Merit: 1442
thefuzzstone.github.io
member
Activity: 322
Merit: 11
Will try to mine monero. Hopefully it would be profitable.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
The multisig branch just lost its DO NOT MERGE tag.

https://www.reddit.com/r/Monero/comments/7ajdaj/the_multisig_branch_just_lost_its_do_not_merge_tag/dpaudci/


New look for Monerujo (XMR) wallet! Plus brand new website

https://www.xmrujo.com/






legendary
Activity: 2016
Merit: 1259
Which rights do your tokens provide its holders with?

 The right to transact privately, as you choose.  Did you require more?

Trolls getting thick on the ground again... building pressure...
legendary
Activity: 1512
Merit: 1442
thefuzzstone.github.io
a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks


https://xmrchain.net
legendary
Activity: 2702
Merit: 2053
Free spirit
And let's not argue why PoS is a security nightmare.

Whaaat? This is news to me. I would very much like to argue about this.

I don't mind a debate. I was only trying to avoid sparking further off-topic discussion from my already off-topic post.

Even if proof of stake could work, I'd still question the incentives of anyone who insists on using it in their project. It's essentially a system where the rich become richer with zero risk or opportunity cost. Sounds productive. What a coincidence all the scams in the space are falling all over themselves to support it.

As far as the technical challenges with proof of stake, these papers are pretty enlightening:
https://download.wpsoftware.net/bitcoin/pos.pdf
http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf


And as the rich get richer its more vulnerable to a 51% attack. I seem to remember on the older iplementations of POS I also heard you only needed to have ever owned each of the 51% of the coins at some time to do a 51% attack

newbie
Activity: 58
Merit: 0
a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks


ChainRadar seems to be stuck.
full member
Activity: 224
Merit: 100
a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks


224 MH/s

alright, thanks! Has there been a major decrease in the last couple of days? Because Electroneum blockchain went live and they're already at 150MH/s, so that makes Monero more profitable to mine unless Electroneum reaches a market cap of 900 million, which they're currently far from. (approx 250 million)
hero member
Activity: 795
Merit: 514
a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks


224 MH/s
newbie
Activity: 52
Merit: 0
Which rights do your tokens provide its holders with?
full member
Activity: 224
Merit: 100
a question from a newbie, what is the total network hashrate for Monero?? The two explorers are showing different numbers, is it 220MH/s or 140MH/s??

https://moneroblocks.info/
https://chainradar.com/xmr/blocks
hero member
Activity: 795
Merit: 514
And let's not argue why PoS is a security nightmare.

Whaaat? This is news to me. I would very much like to argue about this.

I don't mind a debate. I was only trying to avoid sparking further off-topic discussion from my already off-topic post.

Even if proof of stake could work, I'd still question the incentives of anyone who insists on using it in their project. It's essentially a system where the rich become richer with zero risk or opportunity cost. Sounds productive. What a coincidence all the scams in the space are falling all over themselves to support it.

As far as the technical challenges with proof of stake, these papers are pretty enlightening:
https://download.wpsoftware.net/bitcoin/pos.pdf
http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf
legendary
Activity: 1722
Merit: 1217
And let's not argue why PoS is a security nightmare.

Whaaat? This is news to me. I would very much like to argue about this. It's true that peercoins model was deeply flawed. But NXT, at least conceptually, solved all of those problems (if it had been bootstrapped with a better distribution). At least I think it did, I wouldn't want to claim that I'm beyond reproach. Of course you said you didn't want to argue about it so the ball is in your court on that one. I certainly cant force you and I wont try.
hero member
Activity: 795
Merit: 514
how does zencash compare to monero?

i know monero is a top coin but this one has been making some noises, not sure its the right kinda noises

anyone knows if zencash has real anon or if its just junk?

When evaluating new cryptocurrencies, always ask yourself:

Is it fairly distributed?
There should be no ICO, no insta-mine or pre-mine, no "allocated block rewards", and no proof-of-stake, ever. And let's not argue why PoS is a security nightmare. Those who support it usually have a lot to gain.

Any project that passes the above test is worth looking at, because the developer's incentives are usually more aligned with those of the users. Projects that fail the above test are not worth looking at, because the creators directly benefit from the deception of the users. Run away.

More useful follow-up questions to ask yourself:

Is development community funded via donations/volunteers, or paid for by organizations or high-profile individuals?
If it's not a grassroots/community project, then whoever is running it is almost certainly trying to make money. Run away.

Are the decision makers an exclusive group separate from the rest of the community, that dictate the direction of the project?
This is a red flag that the people in charge treat the project like a company (a profit machine), with you being the consumer (or sucker). Run away.

Questions to ask when evaluating privacy/anonymity claims:

Are private transactions optional?
If so, any privacy claims are bullshit. No excuses or arguments. Just run away.

Are addresses or balances visible on the blockchain?
If so, there's no actual privacy. Run away.

Is privacy secured via some new Whizbang PrivacySystemTM that you've never heard of?
Basically, if there isn't a whitepaper with actual math in it, run away.

-----

EDIT: The questions above are ordered by importance. There's no point assessing a coin's privacy if it isn't even fairly distributed.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
how does zencash compare to monero?

i know monero is a top coin but this one has been making some noises, not sure its the right kinda noises

anyone knows if zencash has real anon or if its just junk?

Is that Ohad's coin your talking about? Go ahead and link the Bitcointalk Announce Thread for it. To many coins with close or the same name I can'r keep track of all these ZEX coins. I think his is Tau now, not sure though.
full member
Activity: 322
Merit: 101
how does zencash compare to monero?

i know monero is a top coin but this one has been making some noises, not sure its the right kinda noises

anyone knows if zencash has real anon or if its just junk?
member
Activity: 131
Merit: 10
Anyone know why the "getting Started" tab on the monero website isn't working?  I want to CPU mine at work, but cannot get to the miner.
Thanks

Could you post the specific link you're trying to use?

https://getmonero.org/getting-started/choose

It says "HTTP 404 Not Found."

Try this page:

https://getmonero.org/get-started/using/

With respect to mining, there's more information on the MoneroMining wiki:

https://www.reddit.com/r/MoneroMining/wiki/index

Thanks
legendary
Activity: 2268
Merit: 1141
So it's more efficient to download blockchain than use remote node right? because when use remote node every open the wallet need to sync from 0 again.

Which wallet are you using and how are you closing it? Also, which operating system?
member
Activity: 308
Merit: 10
So it's more efficient to download blockchain than use remote node right? because when use remote node every open the wallet need to sync from 0 again.
newbie
Activity: 56
Merit: 0
I really want to mine this coin and support it
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