This is nothing at all like the emissions debate.
As far as technical reasons, will increasing the blocktime and thereby decreasing the # of blocks reduce the size of the blockchain to any meaningful degree?
Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 788. (Read 4670673 times)
September 30, 2015, 01:13:57 PM
September 30, 2015, 12:56:59 PM
Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?
I am against raising the blocktime. There has to be strong technical reasons against the current 1 min blocktime. Furthermore the argument has to be made that those technical reasons will cause greater rather than lesser problems in the future. The argument against a short blocktime is that it increases the probability of orphan blocks and I do recognize that Monero is close to the practical limit; however as bandwidth increases this negative impact of this issue also decreases.
On a related note do we need a repeat of the emission debate of last year?
Edit: I propose that we table this issue until other much more pressing matters are resolved, such as the completion of the development goals in https://getmonero.org/design-goals/
September 30, 2015, 12:42:37 PM
FWIW I would also be ok with a blocktime increase to 2 minutes.
Previous poster: variance on AEON has more to do with current hashrate concentration, than it does with the current blocktime per se. I'm not saying that's good or bad though. The greater the blocktime interval, the greater is the absolute result of variance (though percentage-wise it is always the same)...
Previous poster: variance on AEON has more to do with current hashrate concentration, than it does with the current blocktime per se. I'm not saying that's good or bad though. The greater the blocktime interval, the greater is the absolute result of variance (though percentage-wise it is always the same)...
September 30, 2015, 12:39:56 PM
AEON sometimes see a variance of over 40 mins for next block! Have fun waiting fir confirmations... I vote to stick with 1 min, i.e. please dont muck with the block time and reward.
Would be ok for 2, not 4.
I am also in favor of 2 for a variety of reasons.
Could you elaborate a bit on the reasons? Furthermore, I think AEON uses 4 minute blocks and didn't encounter any problems/issues.
Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?
Would be ok for 2, not 4.
I am also in favor of 2 for a variety of reasons.
Could you elaborate a bit on the reasons? Furthermore, I think AEON uses 4 minute blocks and didn't encounter any problems/issues.
September 30, 2015, 12:27:40 PM
Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?
Would be ok for 2, not 4.
I am also in favor of 2 for a variety of reasons.
Could you elaborate a bit on the reasons? Also, I think AEON uses 4 minute blocks and didn't encounter any problems/issues.
September 30, 2015, 12:07:55 PM
Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?
Would be ok for 2, not 4.
I am also in favor of 2 for a variety of reasons.
September 30, 2015, 12:01:27 PM
Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?
Would be ok for 2, not 4.
September 30, 2015, 11:56:06 AM
Who has an opinion on increasing the blocktime to 2 (or even 4) minutes as part of the next hard fork?
September 30, 2015, 08:24:03 AM
September 30, 2015, 06:23:44 AM
Also, one of you asked Andreas Antonopoulos about the fungibility of bitcoin at this Rotterdam presentation. Good job:
https://youtu.be/ak1iojpiHpM?t=33m6s
https://youtu.be/ak1iojpiHpM?t=33m6s
it was me
Great question you asked!
https://twitter.com/XMRpromotions/status/649167284460609536
September 30, 2015, 05:42:34 AM
Also, one of you asked Andreas Antonopoulos about the fungibility of bitcoin at this Rotterdam presentation. Good job:
https://youtu.be/ak1iojpiHpM?t=33m6s
https://youtu.be/ak1iojpiHpM?t=33m6s
it was me
September 30, 2015, 02:35:42 AM
Also, one of you asked Andreas Antonopoulos about the fungibility of bitcoin at this Rotterdam presentation. Good job:
https://youtu.be/ak1iojpiHpM?t=33m6s
https://youtu.be/ak1iojpiHpM?t=33m6s
September 30, 2015, 02:15:38 AM
can't no more read mah own postings ... how can I unmute myself 
Dude, are you serious right now? Your "bot" auto-muted yourself for quoting....
nevermind, just enjoy your own limbo. Go Monero.
Enjoy the cheap prices while they last, and don't worry about a GUI. It will come when it is time. All things arrive exactly when they are supposed to, and not a moment earlier. 
September 30, 2015, 02:06:33 AM
can't no more read mah own postings ... how can I unmute myself
September 30, 2015, 12:41:13 AM
This is an automatic update. Do not reply/quote this message.
I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
This is an automatic update. Do not reply/quote this message.
I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
September 29, 2015, 11:47:39 PM
This is an automatic update. Do not reply/quote this message.
I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
This is an automatic update. Do not reply/quote this message.
I am tired of the trolldom spreading FUD about this great project. My trollbuster algorithms have detected the forbidden use of the word GUI in your post. Welcome to my ignore list.
September 29, 2015, 08:41:47 PM
FortuneJack is accepting Monero. Have you ever tried this site? I don't know about their XMR volume in the site, comparing other coins, but I suppose it must be 5th coin after BTC, LTC, DOGE and DASH.
September 29, 2015, 08:32:31 PM
To all Monero dumpers:
I don't get why you do it, but if you really need to unload a lot of coins onto the market, please don't dump them in large chunks, but use this "autosell-bot" instead. This will probably give you a better average price and it won't hurt the confidence in the currency.
It's easy to set up (I included a manual) and you even have some parameters you can change:
https://www.dropbox.com/sh/dknuob4n6k7apof/AADnpnwjsSxVN78_S5PgaizTa?dl=0
If you have any questions on how to set it up, please don't hesistate to contact me!
I don't get why you do it, but if you really need to unload a lot of coins onto the market, please don't dump them in large chunks, but use this "autosell-bot" instead. This will probably give you a better average price and it won't hurt the confidence in the currency.
It's easy to set up (I included a manual) and you even have some parameters you can change:
https://www.dropbox.com/sh/dknuob4n6k7apof/AADnpnwjsSxVN78_S5PgaizTa?dl=0
If you have any questions on how to set it up, please don't hesistate to contact me!
September 29, 2015, 07:22:01 PM
Andreas A. is asked about bitcoin's fungibility : https://www.youtube.com/watch?v=ak1iojpiHpM&feature=youtu.be&t=33m9s
He thinks it is an issue worth addressing. Perhaps it is more important than "The Block Size" debate.
He thinks it is an issue worth addressing. Perhaps it is more important than "The Block Size" debate.
Good talk! Noticeable NXT banner on the stage too, shame there wasn't a Monero one too.
Only two alts worth anything imo
September 29, 2015, 06:35:01 PM
In this paper they make reference to "the bank" several times as the one who verifies all transactions because at the time it was either unknown or unreleased how to successfully create a system where a trusted third party wouldn't be necessary.
To this end, I think their dream has finally been realized as of 2014. Monero is, in fact, the first true electronic cash. Bitcoin may have been revolutionary, but it was not "electronic cash" due to its public ledger.
To this end, I think their dream has finally been realized as of 2014. Monero is, in fact, the first true electronic cash. Bitcoin may have been revolutionary, but it was not "electronic cash" due to its public ledger.
Great post. Bitcoin doesn't really have a historical analog (at least not one known to ordinary people, so I exclude the Rai stones). It is sort of like a decentralized bank except with traditional banks the transaction records are only visible to the bank, not to everyone.
Monero is more like cash, yes. The analogy still isn't perfect because some aspects of Monero's ledger are still public, unlike p2p cash transactions. This is even true of ZeroCash. The number of transactions occurring will be visible, but for cash it isn't (other than maybe indirectly via something like how fast paper money wears out).
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