Chinese are restless, more, bigger dumps incoming...
Norwegians also seem to be bearish on this.
Topic: [XMR] Monero Speculation - page 1321. (Read 3314309 times)
Norwegians also seem to be bearish on this.
Chinese are restless, more, bigger dumps incoming...
Seems like that dump was a rather large short, looking at the offers here:
http://monerodice.pd.to/polo.php
For anyone using that site please compare the two snapshots where you think there's been a short.http://monerodice.pd.to/polo.php
Snapshot #56978 says at 0.03% - 34948.17422534
Snapshot #56980 says at 0.03% - 2346.06250770
All lower offers was untouched. When someone takes out a short, they first take the lower offers, like in any order book
What probably happened is that the guy had 32k out for lending, removed it and dumped it on the market.
Seems like that dump was a rather large short, looking at the offers here:
http://monerodice.pd.to/polo.php
http://monerodice.pd.to/polo.php
Personally I refused to lend my Moneros and I had many loans with short periods open. Once those loans were refinanced, the rates spiked, but that just my theory.
"Small update on mobile apps: web management / easier set-up close to completion"
By NobleSir / Shen Noether
https://imgur.com/a/Hifdb
https://www.reddit.com/r/Monero/comments/4gcl4u/small_update_on_mobile_apps_web_management_easier/
Relevant comments:
Question:
Answer:
"Monero semi-weekly dev meeting notes - 2016-04-24"
https://hellomonero.com/article/monero-semi-weekly-dev-meeting-notes-2016-04-24
Small rectification:
Logs will be posted as soon as possible as far as I know.
"The Crypto Show: Peter Todd on Chain Anchors, Manfred Karrer, Zhou Tonged and Brian Deery"
Monero mentioned around 25:00:
https://letstalkbitcoin.com/blog/post/the-crypto-show-with-peter-todd-manfred-karrer-zhou-tonged-and-brian-deery
By NobleSir / Shen Noether
https://imgur.com/a/Hifdb
https://www.reddit.com/r/Monero/comments/4gcl4u/small_update_on_mobile_apps_web_management_easier/
Relevant comments:
Question:
Quote
How does this affect smartphone wallets for Monero?
Answer:
Quote from: NobleSir
So, I had previously created these two mobile wallets for Android / Windows 10 respectively:
https://github.com/ShenNoether/MiniNeroUniversal & https://github.com/ShenNoether/MiniNeroDroid
These rely on a server app running with your Monero installation, which is somewhat complicated to set-up (several command line steps). The web-app that this post references will run in conjunction with that server, and will have a web-interface to ease the set-up process). The web app should be able to most of the command line process with simply scanning a qr-code generated in the web-app with your phone app (this is the API-key tab).
Additionally, this version of the server should remove several dependencies which were making installation annoying on certain platforms, and add several alternative server languages (go, ruby, python, perl).
Caveat, that I am writing these in my spare time, and don't have a solid timeline for completion.
TLDR: The MiniNero web will make the setup of the above two phone wallets much easier. Additionally, MiniNero Web can be used as a simple, standalone wallet.
https://github.com/ShenNoether/MiniNeroUniversal & https://github.com/ShenNoether/MiniNeroDroid
These rely on a server app running with your Monero installation, which is somewhat complicated to set-up (several command line steps). The web-app that this post references will run in conjunction with that server, and will have a web-interface to ease the set-up process). The web app should be able to most of the command line process with simply scanning a qr-code generated in the web-app with your phone app (this is the API-key tab).
Additionally, this version of the server should remove several dependencies which were making installation annoying on certain platforms, and add several alternative server languages (go, ruby, python, perl).
Caveat, that I am writing these in my spare time, and don't have a solid timeline for completion.
TLDR: The MiniNero web will make the setup of the above two phone wallets much easier. Additionally, MiniNero Web can be used as a simple, standalone wallet.
"Monero semi-weekly dev meeting notes - 2016-04-24"
https://hellomonero.com/article/monero-semi-weekly-dev-meeting-notes-2016-04-24
Small rectification:
Quote from: hyc
All the notes you list after 805/806 are actually for 794. Wallet refresh speedups in 806 have no downside.
Logs will be posted as soon as possible as far as I know.
"The Crypto Show: Peter Todd on Chain Anchors, Manfred Karrer, Zhou Tonged and Brian Deery"
Monero mentioned around 25:00:
https://letstalkbitcoin.com/blog/post/the-crypto-show-with-peter-todd-manfred-karrer-zhou-tonged-and-brian-deery
Seems like that dump was a rather large short, looking at the offers here:
http://monerodice.pd.to/polo.php
http://monerodice.pd.to/polo.php
3. Afaik the new versioning capability that will be introduced with SegWit, basically hands the power to Blockstream to drive forks any time they want to. Again this is another game theory discussion which I don't wish to elaborate on at this time. Note Monero's periodic forks as a protocol also seems to a form of centralized control. One can argue that miners can vote, but it is fairly impossible to stop the political clout of the lead developers especially when that control is hardwired into the protocol. Satoshi's design was that it should be nearly impossible to hard fork, because that is the only way you truly have decentralization.
Regarding [3], if miners/exchanges/merchants don't agree with the lead developers they can just remain on an old(er) version.
I said it is a complex game theory discussion. Seems you want to force me to have that discussion when I said I am busy on other more urgent priorities. Because I can't just leave your afaics incorrect assumption there unrefuted.
You can't retain an older version, because soon the new features will become intertwined in everything and soon you won't be able to function in the network. The complexity of failure modes with an older version are beyond the scope of the discussion I want to have now. That will be a technical discussion. Just remember what happened the last time I got into a technical discussion with gmaxwell on Ogg streaming format indexing, a topic that he thought he was more expert on (and he should have been since he was the co-inventor of one of the Ogg codecs).
I admit my statement was perhaps a bit too black and white. Furthermore, I do not want to provoke (force you into) a discussion.
Segwit is the only proper solution for malleability.
Technical reference please so I can verify?
3. Afaik the new versioning capability that will be introduced with SegWit, basically hands the power to Blockstream to drive forks any time they want to. Again this is another game theory discussion which I don't wish to elaborate on at this time. Note Monero's periodic forks as a protocol also seems to a form of centralized control. One can argue that miners can vote, but it is fairly impossible to stop the political clout of the lead developers especially when that control is hardwired into the protocol. Satoshi's design was that it should be nearly impossible to hard fork, because that is the only way you truly have decentralization.
Regarding [3], if miners/exchanges/merchants don't agree with the lead developers they can just remain on an old(er) version.
I said it is a complex game theory discussion. Seems you want to force me to have that discussion when I said I am busy on other more urgent priorities. Because I can't just leave your afaics incorrect assumption there unrefuted.
You can't retain an older version, because soon the new features will become intertwined in everything and soon you won't be able to function in the network. The complexity of failure modes with an older version are beyond the scope of the discussion I want to have now. That will be a technical discussion. Just remember what happened the last time I got into a technical discussion with gmaxwell on Ogg streaming format indexing, a topic that he thought he was more expert on (and he should have been since he was the co-inventor of one of the Ogg codecs).
Segregated Witness is just another way to centralize mining. I will explain that in the future when I am ready.
... but that is a small price to pay in order to
- Malleability Fixes
- Linear scaling of sighash operations
- Signing of input values
- Increased security for multisig via pay-to-script-hash (P2SH)
- Script versioning
- Reducing UTXO growth
- Compact fraud proofs
ftfy
The technically-challenged will conflate features with don't require Segregated Witness with an argument for why we need Segregated Witness.
Segwit is an elegant way for Bitcoin to gain those benefits. I never said segwit was the only way, but it's good enough and it's happening.
Other coins (like Monero) enjoyed second/late mover advantages by being designed for those features from the beginning.
Frankly I haven't yet studied SegWit in great detail, because I will wait until they have finished it, so I am not losing time studying a moving target. I have no influence on the Bitcoin community's decisions, thus studying it now is of no significant advantage in the holistic priorities.
Conceptually I understand that SegWit enables outsourcing validation and retains hashes of the validated data on the block chain. Afaics, this is centralizing for at least three reasons:
1. Those with preferential access/propagation to validators can earn more with the same hashrate by mining on the correct block slightly sooner. Over time this moves ROI and thus hashrate concentration to those who have these political connections. However, this is not much different than the same effect that can exist now where miners with significant hashrate (even a cooperating set of them) can validate their block announcements sooner than the rest of the network. Afaik, the salient worsening due to SegWit is that validation concentration can now be political, not only by hashrate concentration, so it amplifies the vectors towards centralization.
2. Afaik, SegWit relies on trust enforced by voluntary fraud proofs to insure that the validation is correct for each hash on the block chain. Afaics, the game theory around these voluntary fraud proofs drives more centralization. But this is not something I want to detail now. It is a complex discussion and I am busy on more urgent priorities.
3. Afaik the new versioning capability that will be introduced with SegWit, basically hands the power to Blockstream to drive forks any time they want to. Again this is another game theory discussion which I don't wish to elaborate on at this time. Note Monero's periodic forks as a protocol also seems to a form of centralized control. One can argue that miners can vote, but it is fairly impossible to stop the political clout of the lead developers especially when that control is hardwired into the protocol. Satoshi's design was that it should be nearly impossible to hard fork, because that is the only way you truly have decentralization.
Regarding [3], if miners/exchanges/merchants don't agree with the lead developers they can just remain on an old(er) version.
Monero seems to hold it's price quite steady at the moment compared to the BTC rise 
Well over a dollar on polo
Well over a dollar on polo
Segregated Witness is just another way to centralize mining. I will explain that in the future when I am ready.
... but that is a small price to pay in order to
- Malleability Fixes
- Linear scaling of sighash operations
- Signing of input values
- Increased security for multisig via pay-to-script-hash (P2SH)
- Script versioning
- Reducing UTXO growth
- Compact fraud proofs
ftfy
The technically-challenged will conflate features with don't require Segregated Witness with an argument for why we need Segregated Witness.
Segwit is an elegant way for Bitcoin to gain those benefits. I never said segwit was the only way, but it's good enough and it's happening.
Other coins (like Monero) enjoyed second/late mover advantages by being designed for those features from the beginning.
Frankly I haven't yet studied SegWit in great detail, because I will wait until they have finished it, so I am not losing time studying a moving target. I have no influence on the Bitcoin community's decisions, thus studying it now is of no significant advantage in the holistic priorities.
Conceptually I understand that SegWit enables outsourcing validation and retains hashes of the validated data on the block chain. Afaics, this is centralizing for at least three reasons:
1. Those with preferential access/propagation to validators can earn more with the same hashrate by mining on the correct block slightly sooner. Over time this moves ROI and thus hashrate concentration to those who have these political connections. However, this is not much different than the same effect that can exist now where miners with significant hashrate (even a cooperating set of them) can validate their block announcements sooner than the rest of the network. Afaik, the salient worsening due to SegWit is that validation concentration can now be political, not only by hashrate concentration, so it amplifies the vectors towards centralization.
2. Afaik, SegWit relies on trust enforced by voluntary fraud proofs to insure that the validation is correct for each hash on the block chain. Afaics, the game theory around these voluntary fraud proofs drives more centralization. But this is not something I want to detail now. It is a complex discussion and I am busy on more urgent priorities.
3. Afaik the new versioning capability that will be introduced with SegWit, basically hands the power to Blockstream to drive forks any time they want to. Again this is another game theory discussion which I don't wish to elaborate on at this time. Note Monero's periodic forks as a protocol also seems to a form of centralized control. One can argue that miners can vote, but it is fairly impossible to stop the political clout of the lead developers especially when that control is hardwired into the protocol. Satoshi's design was that it should be nearly impossible to hard fork, because that is the only way you truly have decentralization.
Segregated Witness is just another way to centralize mining. I will explain that in the future when I am ready.
... but that is a small price to pay in order to
- Malleability Fixes
- Linear scaling of sighash operations
- Signing of input values
- Increased security for multisig via pay-to-script-hash (P2SH)
- Script versioning
- Reducing UTXO growth
- Compact fraud proofs
ftfy
The technically-challenged will conflate features with don't require Segregated Witness with an argument for why we need Segregated Witness.
Segwit is an elegant way for Bitcoin to gain those benefits. I never said segwit was the only way, but it's good enough and it's happening.
Other coins (like Monero) enjoyed second/late mover advantages by being designed for those features from the beginning.
I heard that the SegWit will be implemented in a few weeks according to the bitcoin core road map. So the price could rise.
Make that a few months, the pull request just came in last week if I recall correctly. It needs to be reviewed thorougly first. Also, bear in mind that it only gets activated if it reaches a 95% treshold of miners running the code.
Segregated Witness is just another way to centralize mining. I will explain that in the future when I am ready.
... but that is a small price to pay in order to
- Malleability Fixes
- Linear scaling of sighash operations
- Signing of input values
- Increased security for multisig via pay-to-script-hash (P2SH)
- Script versioning
- Reducing UTXO growth
- Compact fraud proofs
ftfy
The technically-challenged will conflate features with don't require Segregated Witness with an argument for why we need Segregated Witness.
Segwit is an elegant way for Bitcoin to gain those benefits. I never said segwit was the only way, but it's good enough and it's happening.
Other coins (like Monero) enjoyed second/late mover advantages by being designed for those features from the beginning.
I heard that the SegWit will be implemented in a few weeks according to the bitcoin core road map. So the price could rise.
Segregated Witness is just another way to centralize mining. I will explain that in the future when I am ready.
... but that is a small price to pay in order to
- Malleability Fixes
- Linear scaling of sighash operations
- Signing of input values
- Increased security for multisig via pay-to-script-hash (P2SH)
- Script versioning
- Reducing UTXO growth
- Compact fraud proofs
ftfy
The technically-challenged will conflate features with don't require Segregated Witness with an argument for why we need Segregated Witness.
Segwit is an elegant way for Bitcoin to gain those benefits. I never said segwit was the only way, but it's good enough and it's happening.
Other coins (like Monero) enjoyed second/late mover advantages by being designed for those features from the beginning.
Segregated Witness is just another way to centralize mining. I will explain that in the future when I am ready.
... but that is a small price to pay in order to
- Malleability Fixes
- Linear scaling of sighash operations
- Signing of input values
- Increased security for multisig via pay-to-script-hash (P2SH)
- Script versioning
- Reducing UTXO growth
- Compact fraud proofs
ftfy
The technically-challenged will conflate features with don't require Segregated Witness with an argument for why we need Segregated Witness.
Give them respect at your own peril. I rather enjoy the humor of it though.
...
That's half true. 1MB also serves as a sanity check to prevent blocks with sigops construed so as to require outrageous processing times.
That's why BIP109 includes sigop and sighash limits, which are an unwelcome source of additional technical debt and magic-number-based cruft.
That's half true. 1MB also serves as a sanity check to prevent blocks with sigops construed so as to require outrageous processing times.
That's why BIP109 includes sigop and sighash limits, which are an unwelcome source of additional technical debt and magic-number-based cruft.
sigop and sighash limits can be based on the blocksize.
Bitcoin has a fixed emission with no tail-end after the main body of subsidies end, so it cannot use dynamic market-based Monero-style block sizing heuristics (unless we raise the 21e6 coin limit, which is simply out of the question).
This summarizes very well the fundamental problem that Bitcoin has. Bitcoin needs the fixed blocksize to secure the coin using fees when the emission runs out, so ultimately Bitcoin cannot scale. Whether even with a fixed blocksize fees alone can secure Bitcoin remains however to be seen.
Segregated Witness is just another way to centralize mining. I will explain that in the future when I am ready.
... but that is a small price to pay in order to
- Malleability Fixes
- Linear scaling of sighash operations
- Signing of input values
- Increased security for multisig via pay-to-script-hash (P2SH)
- Script versioning
- Reducing UTXO growth
- Compact fraud proofs
Fixed it for you.
Gotta love the anti-segwit All Star team of Crazy Uncle Shelby, Frap.doc, and Jorge Stolfi.
It's like you guys come up with this FUD after enjoying too many Pan-Galactic Gargle Blasters at Mos Eisley.
Segwit as a means of increasing the blocksize remains a non starter to me. Whether segwit is the best way to address the issues above also remains to be seen, but the regardless blocksize issue should be taken out of the analysis.
Segregated Witness is just another way to centralize mining. I will explain that in the future when I am ready.
... but that is a small price to pay in order to
- Malleability Fixes
- Linear scaling of sighash operations
- Signing of input values
- Increased security for multisig via pay-to-script-hash (P2SH)
- Script versioning
- Reducing UTXO growth
- Compact fraud proofs
Fixed it for you.
Gotta love the anti-segwit All Star team of Crazy Uncle Shelby, Frap.doc, and Jorge Stolfi.
It's like you guys come up with this FUD after enjoying too many Pan-Galactic Gargle Blasters at Mos Eisley.
MAAM #13 Monero Ask Anything Monday
https://www.reddit.com/r/Monero/comments/4gakjp/maam_13_monero_ask_anything_monday/
https://www.reddit.com/r/Monero/comments/4gakjp/maam_13_monero_ask_anything_monday/
when does monero come back to shapeshift???
https://www.reddit.com/r/shapeshiftio/comments/4foncm/not_what_i_was_hoping_for/d2civoi
Thanks, I was really stoked it was back... then noticed it was only Dash, Bitcrystals and GEMZ. No Monero yet.
Jump to: