Topic: [XMR] Monero Speculation - page 216. (Read 3314316 times)

https://twitter.com/JEhrenhofer/status/1049179846138585088?s=19

I see this masternode bashing come up regularly from the Monero camp, please show me evidence of any dash private sent transaction has ever been compromised/deanonymized.

Yea it never happened and because of the masternode concept anonymity of old transactions is also much more likely to be guaranteed in the future.
For example, the Monerolink drama, those transactions are still affected, the people that made those transactions can still be affected. In dash this is unlikely to happen because the anonymization happens on the masternodes and is not stored on the blockchain that, if compromised, leaks all this data. The transaction registration and anonymization happen separately, which is a smart move. Now this system just has to be redesigned to be more robust against potential/theoretical attacks, which is what Loki does for example.



Some premine and specially mining rewards going to developers is alright i think, after all, they don't need to work for nothing, the way i see it it incentivizes dedication to and quality of the project. Masternodes does not mean centralization, it is part of the entire network that enables and incentivizes certain functionality, there can be a lot of masternodes (decentralized!)

Deleted OT along with reply

Retarded fudders spamming the thread ? This can only mean one thing   ....

Monero is cutting edge tech and in continuous development to remain so.  Being the leader in any field means trying out new things, that were never tested before.  As with Bitcoin, yes - new potential attacks vectors or vulnerabilities have been discovered, and they have all been dealt with.

DarkCoin / Dash is older tech, not decentralised, optionally private (which means effectively not private at all) and not fungible.  It has a transparent-by-default blockchain and just uses a version of Coinjoin as a mixer.  Talk about old tech, there you go - but you surely know this?  Do you really trust Evan, would you want one of his masternodes?
 

Er... for years Dash was always above Monero on Coinmarketcap.  Now Monero looks in the rear view mirror.  You should maybe check up before you make assertions that are out of date.  As for your admission that Dash's Masternode system is (as you put it) 'not optimal' - thanks for acknowledging one fatal flaw at least.  I guess you would not want a masternode, then. Also your appreciation of Monero's 'solid tech' is noted.

I keep my eyes and my mind open. I don't just ahem.. 'follow' Monero.  I have diverse interests, as I am sure do you... although we have a different approach to talking about it, evidently. For instance, I wouldn't bother to troll - I am not interested in diving into other CC's threads (rather pointlessly IMHO) to wind them up, or try to tell them they're wrong.  I can't help wondering why you do.

If Bitcoin was 1st generation then Dash still is, but Monero was based upon the Cryptonight algo, launched about 5 years later than Bitcoin and developed much further since - in too many ways to mention - which again you surely know.

There will always be new and better things arriving in technology, and when they appear, wise people look into them.  That is how I ended up here.  Maybe Bitcoin and Monero will be out of date at some point, that is impossible to deny over the long term, but it's not happened yet.

Ha!  So you do have a sense of humour.  I doubt I will persuade you to give up your crusade against Monero and of course your long-standing assurances that Bitcoin is about to die.  However, I would advise you or anybody else to look at what these two well-developed first-mover coins have, as opposed to many of the ones you seem to suggest are far better.

That is; decentralisation, no premine, strong community support, excellent active development and actual proven real-world use cases.

Fact is, it had none of the vulnerabilities that Monero had in the past. Monero shillers keep yelling how bad Dash is and it offers no good protection, yet they provide zero evidence to back up their claim.

Loki went even further and acknowledges that Dash' masternode setup isn't optimal and completely redesigned it to avoid that structure from being exploited by adversaries as has been theorized. It furthermore builds on top of Monero tech, which i agree seems currently quite solid tech.

When did that happen? Monero has quite a bad track record when it comes to vulnerabilities and bugs, how about Dash...? ... exactly...
The marketcap surely seems to disagree with you, and you seem to value marketcap indication... So the question stands...

Maybe you should look into new tech, specially if you're a fan of Monero tech, there are projects that are Monero and so much more.

It's not? So they change a few lines of code here and there, it's still 1st gen blockchain tech which is just inefficient, slow, bulky.
Ever wonder why we don't use tape deck players anymore? Yea, for that reason Monero as well as Bitcoin will not be used anymore within a short span of time.

It's never too late to wake people up.

It's so poorly done, though - that is what's so sad about the trolling.  A whole bunch in and not a single credible troll post.

You can smell the cheap perfume. I believe it's called The Scent Of Desperation ©Kwukduck Corp.

So, newbie (definitely not a sock account) - You have zero investment in Monero, but you still spend time coming here to talk about it?

May I ask why?  Butthurt? Jealous? Lost your shirt on Dash? Or simply a paid shill?

Yeah, I was gonna give cryptokwuk one just for shits and giggles but he actually does have 1 !

So happy I unloaded this crap coin on the last pump.  Looks like its going to be a permanent bear season for monero.

I hope new investors don't get tricked into investing in this crappy alt that has no future.

Merit 1, Jr? So whose sockpuppet are you?  Probably Kwukduck, I guess - since you're in so quick to defend that old spent force.

So, when did you get so scared about Monero that you grew the need to try to attack it?

Bitconnect was once a top 10 coin, peercoin was once in the top 10,  rank doesn't mean shit.  The truth is Monero is a dinosaur coin while other projects are developing fast with much better technology and are able to scale for mass adoption.  I truly feel sorry for the suckers that will be left holding worthless bags of moneroshit.

Jeez - DASH?  Haha!  High performance luxury sportcars?  Deluded, dude. Monero overtook Dash an age ago and I have not actually seen a lot of the others you mention - I don't look that far down Cryptomarketcap.

Monero's not a BItcoin clone 'old tech' coin either, do some proper research if you want to troll, kwukduck.

Long time no see.  You haven't been missed.  And you're a but late for the troll season, too - losing your touch, I guess. Bless.

The only reason for Monero to survive is the network effect, like Bitcoin, it's a first generation old blockchain tech.

Monero has been surpassed by many projects in terms of scalability, security, and features.
MSR, LOKI, DERO, even PIVX and DASH are all examples of vastly superior coins that will take the crown from Monero. Many build on top of Monero foundations, but where Monero stops, they keep innovating and preparing for real adoption.

In short, Monero is your wiggling rusty beloved oldtimer, (some of) the competition are high performance luxury sports cars. Sure there will be some love left for the oldtimers, but real world usage and adoption lies in the future with innovation, not in the past.

I found this on reddit. A half cent anonymous transaction

You cant see volume since Monero is a privacy coin and it hides amount of coins you sent. You can see a number of transactions.  https://www.monero.how/  is good site for that it also compare them with Bitcoins number.

Monero have clear use case and will be used as long as it will work as is planed so far. Its use case is not a speculation or trading on exchanges as 99% of other coins.

I read this thread quite often from the start and huge majority of people here dont believe that Monero will overcome Bitcoin any time soon. So yes you claiming this on at least two occasions, you are a troll.




I totally agree that most coins will not survive or at least not be worth millions or billions as now. But Monero have huge chance of being among those few survivors. Definatelly way bigger then ETH you mention.

Also my thoughts, that is why I visited our good 'ol Monero thread.

But on second thought, I think this major upgrade is already priced-in during the 2017 run-up.

IMHO, it is more to the downside in case of "major issue/s" during the hard fork.

"In a bear market, any good news doesn't push the price up.
In a bull market, any bad news doesn't pull the price down."

I guess waiting to see there isn't a cataclysmic problem with the system makes sense.

So any positive effect that isn't priced in already should come after it's all quiet for sufficient time to prove 'all is well'.

It is a big upgrade, so I really do hope there is a price lift.  We shall see.

I'm going to say its a very smooth quiet day. Nice easy transition. No major difficulty drop. No miners freaking out. No price swings. Just business as usual...

Wishful thinking?