[XMR] Monero Speculation - page 1596.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: dEBRUYNE on December 24, 2015, 03:26:34 PM

Quote from: dEBRUYNE on December 16, 2015, 11:59:40 AM

Another update from ShenNoether (NobleSir) regarding Confidential Transactions (CT) for Monero:

Quote

edit 12/15/2015: I'm starting to play around with some c/c++ stuff that will help me implement this thing for real - I'll probably take a couple weeks off for xmas holidays though starting next week, so expect no updates dec 17-jan 4

All updates & links are in this thread:

https://www.reddit.com/r/Monero/comments/3pw30d/ringct_for_monero_updated_versions/

Another one:

Quote

edit 12/17/2015: I have updated the draft on eprint.iacr.org in response to some knock-off versions of this math showing up without citation.

Link: http://eprint.iacr.org/2015/1098

And another update:

Quote from: dEBRUYNE on January 02, 2016, 03:33:31 PM

Section 4.4 can be found here -> https://www.overleaf.com/read/qzgytbyyxvyf

Quote from: smooth on January 02, 2016, 04:18:54 AM

Interesting comment from Shen about multisig

Quote from: https://www.reddit.com/r/Monero/comments/3z3aqd/will_there_be_multisig_for_xmr_at_some_point/cyiy433

yep - very likely will be implemented in conjunction with the ring ct stuff

Following the "written up" link in the Ring CT post, section 4.4 of the paper describes how to implement "Ring multisignature". Some of the other CryptoNote coins have multisig, but only with 0 mixin.

Very nice work being done on the crypto front.

So soon™ I guess? :-P

wpalczynski

legendary

Activity: 1456

Merit: 1000

Quote from: oblox on January 05, 2016, 07:48:04 PM

Quote from: wpalczynski on January 05, 2016, 12:27:01 PM

Quote from: digicoin on January 05, 2016, 11:59:35 AM

Yes, it is a miracle if XMR is listed at btc-e

It will eventually, its only a matter of time!! Obviously the sooner the better.

I'll believe it when I see it. So many people have said that over the years and they have been adamant about keeping what coins they have already. Most likely coming from the fact that it's LTC's bread and butter.

Sure, valid point but i think they will realize the importance of anonymity and fungibility and IMHO there are no other serious contenders in that space.

Bagatell

hero member

Activity: 722

Merit: 500

Quote from: MalMen on January 06, 2016, 11:47:14 AM

Quote from: Johnny Mnemonic on January 06, 2016, 05:12:55 AM

I'm sure most of us have more XMR than BTC.

I am 75% monero 25% bitcoin

Risto may end up with more Barrons than he bargained for.

MalMen

member

Activity: 95

Merit: 10

Quote from: Johnny Mnemonic on January 06, 2016, 05:12:55 AM

I'm sure most of us have more XMR than BTC.

I am 75% monero 25% bitcoin

Bassica

sr. member

Activity: 283

Merit: 250

Quote from: dnaleor on January 06, 2016, 05:20:44 AM

Quote from: Johnny Mnemonic on January 06, 2016, 05:12:55 AM

Quote from: dnaleor on January 06, 2016, 04:47:07 AM

I thought I would never say this, but investing a small % of your crypto in DOGE as a hedge seems reasonable now.
of course, XMR is a way better hedge than DOGE.
And for people who have a low net worth, having more XMR than BTC can even be reasonable.

I'm sure most of us have more XMR than BTC.

in nominal terms, sure. Wink

But I'm talking about fiat value of the holdings.

I know I do Cheesy

Weekly MACD looks like it's ready to flip into the green. Nice time/place to go into rally mode...

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: Johnny Mnemonic on January 06, 2016, 05:12:55 AM

Quote from: dnaleor on January 06, 2016, 04:47:07 AM

I thought I would never say this, but investing a small % of your crypto in DOGE as a hedge seems reasonable now.
of course, XMR is a way better hedge than DOGE.
And for people who have a low net worth, having more XMR than BTC can even be reasonable.

I'm sure most of us have more XMR than BTC.

in nominal terms, sure. Wink

But I'm talking about fiat value of the holdings.

Johnny Mnemonic

hero member

Activity: 795

Merit: 514

Quote from: dnaleor on January 06, 2016, 04:47:07 AM

I thought I would never say this, but investing a small % of your crypto in DOGE as a hedge seems reasonable now.
of course, XMR is a way better hedge than DOGE.
And for people who have a low net worth, having more XMR than BTC can even be reasonable.

I'm sure most of us have more XMR than BTC.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

I thought I would never say this, but investing a small % of your crypto in DOGE as a hedge seems reasonable now.
of course, XMR is a way better hedge than DOGE.
And for people who have a low net worth, having more XMR than BTC can even be reasonable.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: dnaleor on January 06, 2016, 03:49:37 AM

Quote from: ArticMine on January 05, 2016, 09:34:55 PM

Quote from: iCEBREAKER on January 05, 2016, 09:23:38 PM

...

My bet is with a 50/50 hedge. Buy the sector, not the firm.

I can't do the BitcoinObituary thing, when all it's done so far is exhibit antifragility at every opportunity and enjoys a first mover advantage involving 6 years of demonstrated success.

My intuition is transparent and opaque ledgers both have roles to play in disrupting/replacing fiat and the BIS shitlords who print it.

I know it is tough. I felt the same way for quite a while, and even today I still hold a token amount of Bitcoin and run a full Bitcoin node, on the core network. The hard reality is however that I cannot ignore facts and must put emotion aside. The strongest bet for a transparent ledger may be Dogecoin since it has a tail emission already in place and consequently could implement a Monero style adaptive blocksize without seriously disrupting its social covenant.

What troubles me with Bitcoin is that the long term is not handled, so a strong hands hold / average down strategy may not work.

lol

First time I noticed this Wink

But for DOGE to become widely accepted, it needs a name change. No serious financial people will invest in something called "Dogecoin"

LOL @ the bold

Anyway, a chain can easily be renamed or packaged by a shiny wrapper (alternate client with a more "respectable" name, same chain).

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: ArticMine on January 05, 2016, 09:34:55 PM

Quote from: iCEBREAKER on January 05, 2016, 09:23:38 PM

...

My bet is with a 50/50 hedge. Buy the sector, not the firm.

I can't do the BitcoinObituary thing, when all it's done so far is exhibit antifragility at every opportunity and enjoys a first mover advantage involving 6 years of demonstrated success.

My intuition is transparent and opaque ledgers both have roles to play in disrupting/replacing fiat and the BIS shitlords who print it.

I know it is tough. I felt the same way for quite a while, and even today I still hold a token amount of Bitcoin and run a full Bitcoin node, on the core network. The hard reality is however that I cannot ignore facts and must put emotion aside. The strongest bet for a transparent ledger may be Dogecoin since it has a tail emission already in place and consequently could implement a Monero style adaptive blocksize without seriously disrupting its social covenant.

What troubles me with Bitcoin is that the long term is not handled, so a strong hands hold / average down strategy may not work.

lol

First time I noticed this Wink

But for DOGE to become widely accepted, it needs a name change. No serious financial people will invest in something called "Dogecoin"

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: ArticMine on January 05, 2016, 08:33:13 PM

Very interesting article on the Bitcoin blocksize issue by Jeff Garzik and Gavin Andresen. https://bitcoinmagazine.com/articles/bitcoin-economics-are-changing-1451315063 No mention of Monero but the following quote near the end of the article is very significant.

Quote

And finally, to remove long term moral hazard, core block size limit should be made dynamic, put in the realm of software, outside of human hands.

Well I guess Monero has the first mover advantage when it comes to dynamic block size. Grin

It almost appears that some prominent bitcoin devs/etc are actively ignoring Monero and what it brings to the table.

But that's okay. The technology will live on despite people's ignorance.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: smooth on January 05, 2016, 10:18:38 PM

Quote from: iCEBREAKER on January 05, 2016, 10:14:58 PM

Quote from: XMRpromotions on January 05, 2016, 09:24:49 PM

Monero will never have a block size civil war such as Bitcoin is dealing with now.

Unless something like Actual Widespread Adoption happens before effective pruning, and the blockchain becomes too large for anything outside of a data center.

Then we get to bicker about whether to increase the penalty or set a limit or do segwit.

Let's not indulge in It Can't Happen Here happy talk. Such a conclusion assumes facts not yet in evidence.

That, and just because we don't have a "block size civil war" doesn't mean we can't have a "{something-other-than-blocksize} civil war".

Very true.

Hopefully by watching the civil war in Bitcoin take place from the side lines (like I have decided to do for months now) and the pitfalls and mistakes that are made can be avoided or mitigated as much as possible going forward.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

I figured I would post this here since it sort of deals with the usage of XMR and its price being reflected by this use case of the thread linked below:

Quote from: smoothie on January 06, 2016, 02:56:03 AM

Quote from: franky1 on January 05, 2016, 11:30:51 AM

Quote from: Amph on January 05, 2016, 10:55:17 AM

there is no other way other than mixing, it is what it was done with the siezed coins from us marshal office in 2014

future solution
make silk road only use 'dash' (darkcoin)
then let the druggies play with dash coins illegally and then swap for clean bitcoins. that way bitcoin doesnt touch silkroad directly

Why use Dash when it is documented by multiple users that sending say 1000 DASH takes several days using "DARKSEND".

Quote from: ImI on December 01, 2015, 12:01:52 PM

hi folks,

using darksend for the first time and have to say its takin ages to complete. i set it to four rounds and its mixing since 20h now!

This user ^ sent me a PM saying it took several days although his post here says 20 hours (I'm guessing that it was with a smaller amount of dash.) Which makes it appear that the larger the transaction, the longer it takes.

Just use Monero (XMR). Use a mixin above 10 when sending a transaction and it takes a few seconds to send.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: ArticMine on January 05, 2016, 10:32:39 PM

There is one important difference here. In the Monero civil war over emission both options were actually viable from technical and economic point of views over the long term. In the Bitcoin civil war over blocksize none of the options presented are viable technically or economically over the long term

Monero civil war is about drinking Bordeaux from 1990 or 1973 when only one will be opened.

Bitcoin civil war is about unsuccessfully trying to find source of potable water.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

There is one important difference here. In the Monero civil war over emission both options were actually viable from technical and economic point of views over the long term. In the Bitcoin civil war over blocksize none of the options presented are viable technically or economically over the long term

Edit: In the article by Jeff Garzik and Gavin Andresen I cited previously the problem is correctly identified however no solution to the problem is presented.

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

Quote from: smooth on January 05, 2016, 10:18:38 PM

Quote from: iCEBREAKER on January 05, 2016, 10:14:58 PM

Quote from: XMRpromotions on January 05, 2016, 09:24:49 PM

Monero will never have a block size civil war such as Bitcoin is dealing with now.

Unless something like Actual Widespread Adoption happens before effective pruning, and the blockchain becomes too large for anything outside of a data center.

Then we get to bicker about whether to increase the penalty or set a limit or do segwit.

Let's not indulge in It Can't Happen Here happy talk. Such a conclusion assumes facts not yet in evidence.

That, and just because we don't have a "block size civil war" doesn't mean we can't have a "{something-other-than-blocksize} civil war".

The emission debate raged for most of xmr's history. With dynamic blocksize and emission and tail emission settled, it's hard to imagine what else moneroites will have to argue over.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: iCEBREAKER on January 05, 2016, 10:14:58 PM

Quote from: XMRpromotions on January 05, 2016, 09:24:49 PM

Monero will never have a block size civil war such as Bitcoin is dealing with now.

Unless something like Actual Widespread Adoption happens before effective pruning, and the blockchain becomes too large for anything outside of a data center.

Then we get to bicker about whether to increase the penalty or set a limit or do segwit.

Let's not indulge in It Can't Happen Here happy talk. Such a conclusion assumes facts not yet in evidence.

That, and just because we don't have a "block size civil war" doesn't mean we can't have a "{something-other-than-blocksize} civil war".

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: XMRpromotions on January 05, 2016, 09:24:49 PM

Monero will never have a block size civil war such as Bitcoin is dealing with now.

Unless something like Actual Widespread Adoption happens before effective pruning, and the blockchain becomes too large for anything outside of a data center.

Then we get to bicker about whether to increase the penalty or set a limit or do segwit.

Let's not indulge in It Can't Happen Here happy talk. Such a conclusion assumes facts not yet in evidence.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: iCEBREAKER on January 05, 2016, 09:23:38 PM

...

My bet is with a 50/50 hedge. Buy the sector, not the firm.

I can't do the BitcoinObituary thing, when all it's done so far is exhibit antifragility at every opportunity and enjoys a first mover advantage involving 6 years of demonstrated success.

My intuition is transparent and opaque ledgers both have roles to play in disrupting/replacing fiat and the BIS shitlords who print it.

I know it is tough. I felt the same way for quite a while, and even today I still hold a token amount of Bitcoin and run a full Bitcoin node, on the core network. The hard reality is however that I cannot ignore facts and must put emotion aside. The strongest bet for a transparent ledger may be Dogecoin since it has a tail emission already in place and consequently could implement a Monero style adaptive blocksize without seriously disrupting its social covenant.

What troubles me with Bitcoin is that the long term is not handled, so a strong hands hold / average down strategy may not work.

XMRpromotions

sr. member

Activity: 336

Merit: 250

Quote from: ArticMine on January 05, 2016, 09:07:59 PM

Quote from: iCEBREAKER on January 05, 2016, 09:02:41 PM

...

Given the spectacular failure of the Gavinista Reddit Army's rabble-rousing populist assault on 1MB, I'd say BTC's block size limit is firmly "in the realm of software, outside of human hands."

Due to the nature of antifragility, the 1MB limit is now more set in stone than before the (adversarial) attempted XT governance coup began. Grin

I'm very happy both approaches are being experimented with, as Monero's dynamic approach and BTC's static variable compete in the Darwinian/meritocratic marketplace.

My bet is with Monero's dynamic approach.

That is a great quote. It is good to know Monero will never have a block size civil war such as Bitcoin is dealing with now.

Topic: [XMR] Monero Speculation - page 1596. (Read 3313670 times)