Alts could become like some sort of sidechains.
This is what I was thinking after atomic swaps how is it different?
Topic: [XMR] Monero Speculation - page 45. (Read 3313076 times)
This is what I was thinking after atomic swaps how is it different?
For those that dont check Monero reddit. Comit-network group that is one of three groups that works on Monero Bitcoin atomic swaps already have a product on testnet - stagnet. This group did not crowdfund founds with CCS.
https://old.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
https://old.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
This is a very interesting development. And now we are getting closer to the chicken egg question of what this does to demand for Montanegro.
If users somehow start to see Montero as a complement to Bitcoin for their blockchain privacy needs, I think demand goes up. And it’s faster and cheaper. Who needs offchain layers if atomic swaps does the trick for us to bypass the exchanges and be able to use faster blockchains that serve our needs. Alts could become like some sort of sidechains.
So is price lagging? or decoupled?
Zoomed out number of Monero transactions. This time average daily transaction per quarter. We can see that Monero transactions bull run started at start of 2019, so two years ago. First bull run was from mid 2016 to end of 2017 when also last Bitcoin price bull run ended.
I had a fun thought. Wanted to share.
As people begin to understand what makes an NFT something interesting and fun and perhaps briefly profitable, and ultimately almost always nearly worthless...
...eventually they will begin to see why a TFT (TRULY Fungible Token) is actually worth quite a lot.
Selah.
As people begin to understand what makes an NFT something interesting and fun and perhaps briefly profitable, and ultimately almost always nearly worthless...
...eventually they will begin to see why a TFT (TRULY Fungible Token) is actually worth quite a lot.
Selah.
Those two forks were arguably nearly scams. They were created (probably by large miners) during one of the scheduled hard forks Monero used to utilize primarily to break ASIC mining. This was actually PRE RandomX. The forks were created as a way for the miners to continue using their ASICS on the Monero chain, and I assume the creators hoped they would be the forks that got consensus.
The scenario was very similar to BCH/BSV and some of us even considered them a bit of an attack on the network.
They lost.
Badly.
The scenario was very similar to BCH/BSV and some of us even considered them a bit of an attack on the network.
They lost.
Badly.
Thanks. I had no idea about that background!
Those two forks were arguably nearly scams. They were created (probably by large miners) during one of the scheduled hard forks Monero used to utilize primarily to break ASIC mining. This was actually PRE RandomX. The forks were created as a way for the miners to continue using their ASICS on the Monero chain, and I assume the creators hoped they would be the forks that got consensus.
The scenario was very similar to BCH/BSV and some of us even considered them a bit of an attack on the network.
They lost.
Badly.
The scenario was very similar to BCH/BSV and some of us even considered them a bit of an attack on the network.
They lost.
Badly.
Those two are basically an old version of Monero right before RandomX was implemented IIRC. So ASICS can mine them and if my memory server me correctly - they were largely supported by these ASICS manufacturers.
I am surprised you even found them anymore. Are they still alive? I hope not. They serve no purpose and I guess were only useful to squeeze out some more profit from those ASICS.
I am surprised you even found them anymore. Are they still alive? I hope not. They serve no purpose and I guess were only useful to squeeze out some more profit from those ASICS.
Yes, they are still alive. I checked them at CoinGecko. Their prices are close to zero but they are still traded at TradeOgre and Monero Classic even at Gate.io. From your answer I understand that chances for revivals are close to zero also. I still hold them because during the fork I had Monero.
Can someone point out to me the difference between Monero (XMR) MoneroV (XMV) and Monero Classic (XMC) and why the latter two spark no interest by crypto investors and holders? Bitcoin forks often do quite better.
Those two are basically an old version of Monero right before RandomX was implemented IIRC. So ASICS can mine them and if my memory server me correctly - they were largely supported by these ASICS manufacturers.
I am surprised you even found them anymore. Are they still alive? I hope not. They serve no purpose and I guess were only useful to squeeze out some more profit from those ASICS.
Can someone point out to me the difference between Monero (XMR) MoneroV (XMV) and Monero Classic (XMC) and why the latter two spark no interest by crypto investors and holders? Bitcoin forks often do quite better.
For those that dont check Monero reddit. Comit-network group that is one of three groups that works on Monero Bitcoin atomic swaps already have a product on testnet - stagnet. This group did not crowdfund founds with CCS.
https://old.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
https://old.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
This is a very interesting development. And now we are getting closer to the chicken egg question of what this does to demand for Montanegro.
For those that dont check Monero reddit. Comit-network group that is one of three groups that works on Monero Bitcoin atomic swaps already have a product on testnet - stagnet. This group did not crowdfund founds with CCS.
https://old.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
https://old.reddit.com/r/Monero/comments/ly62tk/let_there_be_swaps_public_xmrbtc_atomic_swap_demo/
^ Pal is basically a better version of McAfee but they’re both the same.. Just dabbling with alts to acquire more BTC. I mean really.. aren’t we all? Sooner or later everybody will start to realize they’ll be needing some XMR for safe keeping too.
Anyway, how’s Fluffypony’s talk? He’s one of the smartest people in crypto.
Anyway, how’s Fluffypony’s talk? He’s one of the smartest people in crypto.
This is an interesting turn.
https://www.reddit.com/r/Monero/comments/lveiyk/riccardo_fluffypony_spagni_will_join_real_vision/
I find Pal to be fairly shrewd, although he is making a lot of enemies with maximalists. I wondered if he would take a look at Monero...
I also wonder if he is basically pulling a McAfee and just milking money out of the alt markets by doing the buy, feature, dump, repeat cycle.
Hard to say... and I suppose Monero's strange action the last week or two could be related to this at least a little.
https://www.reddit.com/r/Monero/comments/lveiyk/riccardo_fluffypony_spagni_will_join_real_vision/
I find Pal to be fairly shrewd, although he is making a lot of enemies with maximalists. I wondered if he would take a look at Monero...
I also wonder if he is basically pulling a McAfee and just milking money out of the alt markets by doing the buy, feature, dump, repeat cycle.
Hard to say... and I suppose Monero's strange action the last week or two could be related to this at least a little.
OK, OK, so you guys are saying that official Monero bird is also just a coincidence? I say nature is telling us something. All we need to do is listen.
Nothing is ever a coincidence 
^ Wtf? Seriously? Was it a tourney or cash game? And no way that jacket is really Monero jacket. Lolol. That’s gotta be just some random design that just looks like Romero.
Cash game at a casino, looks like the jacket was a coincidence.
Anyway, XMR doing XMR things again.. It’s up and green when everything else is down and red. 
Lately I notice that Monero sort of pre-announce bull run. Bitcoin then follows with a day delay and then other alts follow. Sadly soon after Monero usually start a correction
^ Wtf? Seriously? Was it a tourney or cash game? And no way that jacket is really Monero jacket. Lolol. That’s gotta be just some random design that just looks like Romero.
Anyway, XMR doing XMR things again.. It’s up and green when everything else is down and red.
Anyway, XMR doing XMR things again.. It’s up and green when everything else is down and red.
Monero got new fan.
After the official Monero bird, he is gonna get the most popular mascot for Monero.
After the official Monero bird, he is gonna get the most popular mascot for Monero.
Played poker with him a few years back wonder if I mentioned it then.
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