[XMR] Monero - A secure, private, untraceable cryptocurrency - page 59.

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: NeuroticFish on February 25, 2020, 04:02:34 AM

Quote from: Febo on February 24, 2020, 04:34:35 PM

Eventually all countries will mine top crypto currencies.

I am not convinced why a country would mine crypto, especially Bitcoin.
For a country it can be way more profitable to invest big in some crypto and then play with the market. As a whale it can create quite some waves and profit from them.

Because mining secure network. When a country use one currency they have huge interest that that currency is secure. Only way to secure it is with mining it. All countries will have mining farms. Not to earn profit, but to keep their economy that will use those coins secure.

Iamtutut

full member

Activity: 1120

Merit: 131

Quote from: bigslimvdub on February 27, 2020, 10:39:21 PM

Has any CN project solved the CN emissions issues with the longevity of chain use? Just seems the whole plan is "we hope the value increases to compensate for lack of output" idea on all CN projects.

Seems BTC/LTC are the only chains that will survive "long term" since they would not hit any type of tail emissions until 80+ years from now when tech will hopefully allow a new generation of digital currency (or no currency at all).

Turtlecoin (TRTL) has an emission curve of 300 years.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Thanks Andretti, far more eloquent than I.

Andretti83

full member

Activity: 297

Merit: 112

PRIVATE AND NOT PREMINED: MONERO, AEON, KARBO

Quote from: bigslimvdub on February 27, 2020, 10:39:21 PM

Seems BTC/LTC are the only chains that will survive "long term" since they would not hit any type of tail emissions until 80+ years from now

Maybe I get you wrong, but it seems like what you saying is, BTC would still be mined for 80+ years. Technically true. But in 2 month 87.5% of all BTC will be already mined.

And after another two halvings that would be 96.875%.

Basically for 50 of those 80 years miners would literally mine last 0.1% of Bitcoins.

Exolix

copper member

Activity: 98

Merit: 2

Secure and Anonymous crypto exchange service

Quote from: Fallenkeith75 on February 27, 2020, 01:58:29 AM

Quote from: Hueristic on February 25, 2020, 08:31:41 PM

Quote from: Fallenkeith75 on February 25, 2020, 10:08:49 AM

Is Exolix is partnered with the XMR team?

Monero Devs as a Core team do not partner with anyone, once in a while they will help a project with integration.

Anyone claiming affiliations that the dev team is partnering with them is scamming.

The closest thing is Globee which is designed to be built upon the Monero Eco system and has some Dev involvement.

https://globee.com/

Ah I see, saw that and was a bit curious. Thanks for the clarification

The cooperation of Exolix and Monero is that Monero added our resource to their list of exchangers https://web.getmonero.org/community/merchants/#exchanges/. And Exolix offers to exchange Monero on our website.

Pretty simple, right? Hope this doesn't sound like a scam Wink

If you have any questions about the work of Exolix, please ask

bigslimvdub

member

Activity: 349

Merit: 23

Has any CN project solved the CN emissions issues with the longevity of chain use? Just seems the whole plan is "we hope the value increases to compensate for lack of output" idea on all CN projects.

Seems BTC/LTC are the only chains that will survive "long term" since they would not hit any type of tail emissions until 80+ years from now when tech will hopefully allow a new generation of digital currency (or no currency at all).

Herry Toms

jr. member

Activity: 236

Merit: 1

Monero is a big cap project that doesn't mean it is also the best privacy coin project, in terms of technology young projects like Ryocurrency(RYO) are far better and worth looking at. The first thing that I don't like about monero is, Emissions, how is it possible to mine 40-50% coins in the first year when difficulty was extremely low, and not many people know about monero. While on the other hand RYO is a small project but did considerable work on emissions and introduce 'Plateau Curve' to keep and emission scheme fair for early and late miners, RYO emissions are almost the same as BTC.
This is 2020 and privacy coins with better tech are only going to survive in the long-term.

Fallenkeith75

member

Activity: 242

Merit: 10

Hi Crypto Friends :)

Quote from: Hueristic on February 25, 2020, 08:31:41 PM

Quote from: Fallenkeith75 on February 25, 2020, 10:08:49 AM

Is Exolix is partnered with the XMR team?

Monero Devs as a Core team do not partner with anyone, once in a while they will help a project with integration.

Anyone claiming affiliations that the dev team is partnering with them is scamming.

The closest thing is Globee which is designed to be built upon the Monero Eco system and has some Dev involvement.

https://globee.com/

Ah I see, saw that and was a bit curious. Thanks for the clarification

Crypt0-B

jr. member

Activity: 33

Merit: 1

A recent presentation from the U.S. Federal Bureau of Investigation, or FBI, shows ransomware hackers have pilfered massive amounts of Bitcoin (BTC) since 2013.

Between October 2013 and November 2019, victims paid roughly $144 million in BTC to ransomware hackers, FBI supervisor Joel DeCapua indicated at a Feb. 24 RSA conference.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Globb0 on February 25, 2020, 08:44:41 PM

I would like to add dEBRUYNE is an exceptional helper and if I was king I would make him a knight of the realm. Very well deserved Hero.

I concur.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

There are people who will always help, because they are good people.

But its just an open source project.

If you contribute good stuff your recommendations will naturally carry more weight.

Get involved if you can. Help everyone and raise the watermark.

Its about time I did something tbh lohg ago since I did the whirlwind missives. Im thinking of some yt videos on chart action.

Google Monero coffee chats to meet some of the guys doing good stuff.

I would like to add dEBRUYNE is an exceptional helper and if I was king I would make him a knight of the realm. Very well deserved Hero.

/G0

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Fallenkeith75 on February 25, 2020, 10:08:49 AM

Is Exolix is partnered with the XMR team?

Monero Devs as a Core team do not partner with anyone, once in a while they will help a project with integration.

Anyone claiming affiliations that the dev team is partnering with them is scamming.

The closest thing is Globee which is designed to be built upon the Monero Eco system and has some Dev involvement.

https://globee.com/

Fallenkeith75

member

Activity: 242

Merit: 10

Hi Crypto Friends :)

Is Exolix is partnered with the XMR team?

Exolix

copper member

Activity: 98

Merit: 2

Secure and Anonymous crypto exchange service

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: Febo on February 24, 2020, 04:34:35 PM

Eventually all countries will mine top crypto currencies.

I am not convinced why a country would mine crypto, especially Bitcoin.
For a country it can be way more profitable to invest big in some crypto and then play with the market. As a whale it can create quite some waves and profit from them.

A country banned from the international market may mine anonymous coins indeed. But buying the necessary amounts of hardware may not go unnoticed. So I'd stick to the whale idea.

sech1

member

Activity: 116

Merit: 66

Quote from: Fallenkeith75 on February 21, 2020, 09:17:48 AM

Quote from: ?? on ??

North Korea Scale-Up Monero Mining Activity - https://www.publish0x.com/miner-insights/north-korea-scale-up-monero-mining-activity-xxelex

That's a pretty interesting read, I can see how the privacy features can be pretty useful for North Korea. Although not just North Korea, I think it can be pretty valuable for virtually everyone that's getting into crypto, especially with the Ring Signatures to hide activity

It was discussed on reddit almost 2 weeks ago: https://www.reddit.com/r/Monero/comments/f3hxqo/meta_please_investigate_fake_news_before_posting/

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: Fallenkeith75 on February 21, 2020, 09:17:48 AM

Quote from: ?? on ??

North Korea Scale-Up Monero Mining Activity - https://www.publish0x.com/miner-insights/north-korea-scale-up-monero-mining-activity-xxelex

That's a pretty interesting read, I can see how the privacy features can be pretty useful for North Korea.

If we forget that 10 time increase that manly come in headlines from this report and was no data shown so we would see how they calculated that. More important is that actually country is mining Bitcoin and Monero. Eventually all countries will mine top crypto currencies. They will make serious research which. And wil fro sure not mine such that will not exist 10 years latter.

Exolix

copper member

Activity: 98

Merit: 2

Secure and Anonymous crypto exchange service

delete

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Fallenkeith75 on February 21, 2020, 09:17:48 AM

Quote from: ?? on ??

North Korea Scale-Up Monero Mining Activity - https://www.publish0x.com/miner-insights/north-korea-scale-up-monero-mining-activity-xxelex

That's a pretty interesting read, I can see how the privacy features can be pretty useful for North Korea. Although not just North Korea, I think it can be pretty valuable for virtually everyone that's getting into crypto, especially with the Ring Signatures to hide activity

Not to mention the View key to prove any transaction you want.

Fallenkeith75

member

Activity: 242

Merit: 10

Hi Crypto Friends :)

Quote from: ?? on ??

North Korea Scale-Up Monero Mining Activity - https://www.publish0x.com/miner-insights/north-korea-scale-up-monero-mining-activity-xxelex

That's a pretty interesting read, I can see how the privacy features can be pretty useful for North Korea. Although not just North Korea, I think it can be pretty valuable for virtually everyone that's getting into crypto, especially with the Ring Signatures to hide activity

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 59. (Read 4671660 times)