Topic: [XMR] Monero Speculation - page 1607. (Read 3313576 times)

The plan is that your outgoing transactions will always default to I2P. Relay of public information from the network will use both I2P and regular clearnet by default, but full I2P-only can be configured (with the risks described in the podcast).

The I2P/IP integration would be champ.  It would be great if it defaulted to I2P if available.

TrueCryptonaire actually is one of my favorite Monero trolls. Transparent, yes but he is still funny at times.

It is fun to look at his history and record the dates that marked his change from bull to bear and vise versa (pattern repeats several times).

He is trolling lol

You must be holding.

I agree. Monero is probably the only coin in the universe which is not meant to be a mere pump and dump coin. All the other coins are just pump and dump schemes while this is the only honest coin.

I do not have ITunes and I am proud of not having iTunes.

I listened to the missive and my understanding is that once this is completed a Monero node would by default connect to both the I2P and IP networks (I2P/IP bridged) and send transactions over I2P if I2P was available. In this default configuration it would act as an I2P/IP bridge for Monero traffic only. The operator of the node could choose to use the Monero software to bridge other types of traffic between I2P and IP. If the IP traffic is routed over TOR socks then the bridge(s) would be between I2P and TOR socks. Of course the node could also be configured as I2P only or IP (TOR socks) only.

Crosspost:


Live on iTunes though -> https://itunes.apple.com/us/podcast/the-monero-missive-podcast/id1032156854?mt=2


In case you don't have iTunes -> http://podbay.fm/show/1032156854/e/1451151298?autostart=1

EDIT: FYI: There is some discussion in the missive about I2P vs TOR. However, if I understood correctly, you can run I2P either as I2P-only, I2P/IP bridged or IP-only (see -> https://getmonero.org/design-goals/). Thus, the latter will still make it possible for you to run Monero over TOR socks. I am not entirely sure about this, so if what was stated is incorrect, feel free to correct me.

...as if you know what market makers are/do..

I agree with him on this occassion though, would be nice to see it up as well. Even if that is qualified as "pump".

EDIT: Also no need for hostility here.

Market makers certainly don't feel the need to talk here like you do.

Market makers you donkey..

Pumpers not welcomed here.

All alts except monero green on polo...  Dash up 20% in the last 48h.
Perfect time to push the price up 10-20%...

In case anyone missed it:

Monero-nodejs v1.0.1: A Node.js wallet manager for interacting with Monero's simplewallet over JSON-RPC

https://github.com/PsychicCat/monero-nodejs

I feel like XMR will stay low until Q1 2016 and then take off growing and surprising many folk in the latter parts of that year.

Precisely. They have been hacked before (to their credit made customers good again), but you can't make good something like theft of ID. ID theft coupled with the knowledge of how many XMR/BTC you have (and note that many of us speculate they will be worth much more in the future) is surely not a winning proposition.

exactly. i do not trust a small private company to keep my data safe over the years to come(also i do not trust gov to keep it safe). or what happens to my data if they go broke?

would love to open such an non kyc exchange. but good dev that can handle it are expensive+i fear the legal stuff, it will be expensive too but doable. shapeshift can do it too.
also i have respect from webpages in general, since the browsers just adds this unpredictable factor. sure there are tools to help you test, but its still a pain if you want to have professional product that always works. it seems like a huge and difficult project to me.

security seems doable if manpower is involved to handle the cold wallets and critical tasks. the more automatisation, the more expensive i guess.

If there is any confusion around the hardfork, read this -> https://www.reddit.com/r/Monero/comments/3n06qw/there_seems_to_be_some_confusion_around_the/

Regarding polo and liquidity. It is a bit of both. First, back in the day the max withdrawal limit was the same for everyone. In other words, everyone could withdraw an unlimited (might have been 25k, not entirely sure about that) amount. Thus, it was fairly easy to get out your money quickly. With the KYC in place, polo literally needs to know everything about you before you have this 25k limit. Name and country will only give you a limit of 2k, which is quite small if you want to provide liquidity. Even the 7k limit, that you get after filling in some additional data, such as address if I recall correctly, is quite small if you want to provide liquidity. Certainly with the current BTC prices. At last, providing KYC data to companies is a huge turn off for people involved with cryptocurrency. It isn't necessarily that they are warry of providing the data itself. Just that they are warry of the possibility that their data might leak after a hack. Like I said before, polo literally needs to know everything from you to raise your limit to 25k (including photos if I recall correctly). If this data gets leaked somehow, that's a huge personal risk (think of identity theft, which is certainly no joke).

medusa13, I believe you are correct about the timing of the hardfork but as smooth pointed out, being that 0.9 will be a vast improvement a majority will upgrade to it once it is released.  

As far as liquidity, I'm not a big fish and accumulate as opposed to trading.  I haven't been on polo since they instituted their KYC policy.  After leaving I first used ShapeShift.  I have no idea what their volume is or even if it can be tracked.  I have used Bittrex for a while now with no KYC.  Their liquidity is low but I can get want I want there.  The bots on Bittrex are tied to the movements on Polo.  My last bid missed out by 1 satoshi a day or 2 ago.  Damn bots