Quote from: Hueristic on February 15, 2022, 11:54:48 PM

Quote from: cAPSLOCK on February 15, 2022, 11:43:28 PM

Quote from: Hueristic on February 15, 2022, 10:42:32 PM

Quote from: Inagame on February 15, 2022, 09:43:09 AM

Is Monero under some heavy attack or what?
One pool had over 50% of hashrate and this is very centralized and dangerous.
If you are mining monero switch to some other pool asap!

Quote

MineXMR hashrate drops from 50% to 38% after Monero community decentralization efforts

https://www.monero.observer/minexmr-top-monero-pool-hashrate-drops-from-50-to-38-percent/

Yes! I saw that earlier today. Kind of inspiring, really. The community is stronger than so many other projects.

There are currently 11709 Monero public nodes. That is effing amazing. There are only 15k BTC ones (Of course both of these numbers do not tell the WHOLE story).
BTC :15k
XMR: 11.7k
BCH 1k
BSV 36 (lol)
LTC 1330
DOGE 1450
ZCASH 285

Monero is so much more important than most realize.

you forgot

ETH : 1

Cheesy

HAHA~! That is a good point. I suppose good old lazy eye Bezos really is the Ethmaster.

OK! Just another plug for p2pool.io

This is some cypherpunk shit. So much coolness happening with monero and no one notices. You get all the advantages of solo mining with all the advantages of a pool.

I am hoping I can figure out how to slow down the payout, but that may not be possible... not sure. But that pic is ~5 hours of payouts. I suppose after I get a zillion of these little UTXOs I will combine them just because they make me itchy.

But then again, Monero as the chain to do this on is perfect as the fees are great.

I know it's probably somewhat wishful... But you know how different fads have kind of come around for a second run over all the years in crypto as a universe? ETH itself gives way to ICOs gives way to NFTs? It's like the same garbage gets packaged over and over... and if one is smart (and very lucky) one can benefit from this arrangement.

Well legitimate use cases do as well. We see it in Bitcoin alone. In the beginning only a select few really understood why cryptographicly sound transactions would be hard to stop, and hard to censor. I would love to put myself in this group of people who "got it" early on. But not really... I just wanted to play poker for something that had value but was not the USD. But as I played, I began to see why this was not just "Everquest platinum" and it had value. And over even more time I was able to start to understand why Bitcoin would change the world.

Unfortunately for me, when I evaluated Ethereum what I saw was a HUMONGOUS attack surface and an overly complex sort of Rube-Goldberg machine that was just a bad idea.

Oh, the ETH I didn't buy. LOL. I was right about the project. But wrong in assuming that most other people would not fall for it.

I saw several other alts come along. Litecoin. Really nothing new, and a marketing slogan that had everything but a real reason to actually mean anything. Peercoin, namecoin, solidcoin... lol remember that one? What a turd that was. And then Counterparty! That was the first one that really did something new. But it wasn't just a shitcoin. Never really went anywhere though... And Stacks (Stax?) seems to have stole it's mojo, while having the stink of a shitcoin.

And then Monero.

Wow. I was immediately amazed. The main thing about Monero was, it was everything that Bitcoin was but with an obfuscated blockchain. Privacy was a legit sell. I saw it as the first project that could exist with bitcoin but still be valuable. It could exist along side bitcoin and do something Bitcoin never could. I came onboard.

Well "privacy coins" never really had a heyday aside from a little action bestowed on them by John MacAfee. And I think that is kind of a good thing.

Why?

Because we are in the middle of the world waking up and "getting" bitcoin. Thanks to the coordinated attack on western democracies the knife's edge is waking up to seeing the money destroyed, and they know they have very few choices for places they can protect their value. And Canada just announced it would begin freezing the bank accounts of people they decide are acting the wrong way.

And yet bitcoin cannot be stopped. So we are about (aboot? lol) to see an explosion of interest in Bitcoin bigger than any previous market. By a LOT.

But, some of those folks are also going to realize that bitcoin, being transparent has a feature that is also a liability. And Monero makes a different tradeoff, which creates a DIFFERENT feature set (and different liabilities). Yes smart contract platforms are interesting. NFTs are fun to look at. But the smart money is most likely starting to see that value Privacy is going to be something worth investing in.

I think Monero's first real big explosion is still ahead of us. It never really got the attention it deserved for a good reason.

Who needed it? Not the honest people. Just the drug dealers. Because the world still made sense, and if you played by the basic set of rules then having value in a transparant blockchain was not a bad tradeoff. Well, it is becoming one.

I guarantee you Michael Saylor has thought about Monero, and probably sees it differently than the "VC projects" of things like smart contract chains. He even said it in an interview when asked. If someone was in an oppressive regime then Monero might make sense. He sees the difference. It is basically bitcoin with privacy, and more risk in auditability.

Well the peac eful world in which ordinary citizens can get by without financial privacy is going away. And it's not that PETTY CRIMINALS are becoming more sophisticated and attacking Bitcoin whales. It's world governments beginning to turn that way.

Sadly, we are on the edge of a dystopia, and that is exactly what Monero was made for. Some of you have been around here for as long as me. A few even longer. None of us wants what I see coming, I am sure... but thank goodness for Bitcoin, AND Monero.