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Re: Bitcoin Vs Monero - Privacy as the world becomes more dystopian
⭐ Merited by barto123 (1)
Also scaling is another issue, Bitcoin fees are 1000x Monero fees.
Because Bitcoin is used 1000x more often than Monero. If Monero would reach the limits of its capacity, it would have high fees too. And since Monero is not using any different blockchain architecture that would make it more efficient than Bitcoin with block space, you can't say that it's more scalable just because the devs chose to have higher block size cap. Raising the size cap is trivial, dealing with the consequences is not.
This is not true. Monero's broadcasted transactions per second are typically 5 - 10% of Bitcoin's transactions. Sometimes reaching as high as 20%. At the time writing this Monero has 0.29 tx/sec where as Bitcoin has 3.25 tx/sec. This is a nice site to see real-time statistics in comparison: https://txstreet.com/v/xmr-btc
Re: [XMR] Monero - A secure, private, untraceable cryptocurrency
On the p2pool github site it says that --zmq-pub parameter is required on monerod when mining. I was using monerod with --no-zmq, but after change to --zmq-pub, I get this error:
Restarting my PC did not help, and I can't think of anything I could try to solve this, pls help.
Quote
monerod --data-dir E:\Monero --block-sync-size 20 --limit-rate-up 50000 --enable-dns-blocklist --db-sync-mode=safe --public-node --restricted-rpc --rpc-bind-ip 0.0.0.0 --confirm-external-bind --zmq-pub --enforce-dns-checkpointing
2022-05-27 13:30:52.592 I Monero 'Oxygen Orion' (v0.17.3.2-release)
2022-05-27 13:30:52.596 I Initializing cryptonote protocol...
2022-05-27 13:30:52.596 I Cryptonote protocol initialized OK
2022-05-27 13:30:52.599 I Initializing core...
2022-05-27 13:30:52.600 I Loading blockchain from folder E:\Monero\lmdb ...
2022-05-27 13:30:58.396 I Loading checkpoints
2022-05-27 13:30:58.417 I Core initialized OK
2022-05-27 13:30:58.418 I Initializing p2p server...
2022-05-27 13:30:58.442 I p2p server initialized OK
2022-05-27 13:30:58.443 I Initializing core RPC server...
2022-05-27 13:30:58.445 I Binding on 0.0.0.0 (IPv4):18081
2022-05-27 13:30:58.660 I core RPC server initialized OK on port: 18081
2022-05-27 13:30:58.694 E ZMQ bind failed: No error
2022-05-27 13:30:58.698 E Failed to create ZMQ/Pub listener: Unable to initialize ZMQ_XPUB socket
2022-05-27 13:30:58.702 I Deinitializing core RPC server...
2022-05-27 13:30:58.704 I Deinitializing p2p...
2022-05-27 13:30:58.713 I Deinitializing core...
2022-05-27 13:30:58.756 I Stopping cryptonote protocol...
2022-05-27 13:30:58.757 I Cryptonote protocol stopped successfully
2022-05-27 13:30:58.758 E Exception in main! Failed to initialize zmq_pub
So is there an error or is there no error? 2022-05-27 13:30:52.592 I Monero 'Oxygen Orion' (v0.17.3.2-release)
2022-05-27 13:30:52.596 I Initializing cryptonote protocol...
2022-05-27 13:30:52.596 I Cryptonote protocol initialized OK
2022-05-27 13:30:52.599 I Initializing core...
2022-05-27 13:30:52.600 I Loading blockchain from folder E:\Monero\lmdb ...
2022-05-27 13:30:58.396 I Loading checkpoints
2022-05-27 13:30:58.417 I Core initialized OK
2022-05-27 13:30:58.418 I Initializing p2p server...
2022-05-27 13:30:58.442 I p2p server initialized OK
2022-05-27 13:30:58.443 I Initializing core RPC server...
2022-05-27 13:30:58.445 I Binding on 0.0.0.0 (IPv4):18081
2022-05-27 13:30:58.660 I core RPC server initialized OK on port: 18081
2022-05-27 13:30:58.694 E ZMQ bind failed: No error
2022-05-27 13:30:58.698 E Failed to create ZMQ/Pub listener: Unable to initialize ZMQ_XPUB socket
2022-05-27 13:30:58.702 I Deinitializing core RPC server...
2022-05-27 13:30:58.704 I Deinitializing p2p...
2022-05-27 13:30:58.713 I Deinitializing core...
2022-05-27 13:30:58.756 I Stopping cryptonote protocol...
2022-05-27 13:30:58.757 I Cryptonote protocol stopped successfully
2022-05-27 13:30:58.758 E Exception in main! Failed to initialize zmq_pub
Restarting my PC did not help, and I can't think of anything I could try to solve this, pls help.
That option is not enough I think. Try:
--zmq-pub tcp://127.0.0.1:18083
⭐ Merited by Hueristic (1)
^ Ey johnfoss, do you have any news on Fluffypony's Tari project? Is that still happening? The last time I heard Fluffy talk about it was when the planned wallet addresses would be in emojis. Lolol. I don't know how that would work but it's hilarious in a cool way. But yeah... I think it's one of the most promising projects to be built in the space. Sad if they abandoned it.
There are quite frequent dev updates it seems:
https://www.tari.com/updates/
As I would see it, monero has during all its trade history been a rangebound coin. Almost certain Rpitila has every one of the numbers to do this in the event that he hasn't done as such as of now. The assets of the previous gathering are monitored, while the assets of the last option bunch are scattered because of misfortunes by blackmail, burglary, and misrepresentation.
I am not sure why you are mentioning Pietilä. He died few years ago.
Do you have a source for this? Not questioning what you're saying but would be interested in knowing what happened.
I remember seeing the news about the car crash leading to his death in Finnish media at the time, but I couldn't find the news article anymore. Finnish wiki page also states that he died on 14.8.2020. His FB page was always (still is) public too and there is an "in memoriam" message.
I found a news article (in Finnish) which is supposedly about the events leading to the accident. However I don't know if it is truly about Pietilä's case since no name is mentioned. Google translated news article below:
https://www-iltalehti-fi.translate.goog/kotimaa/a/92405c53-e176-4c72-8753-df5cd85ac7e7?_x_tr_sl=fi&_x_tr_tl=en&_x_tr_hl=fi&_x_tr_pto=wapp
⭐ Merited by Hueristic (1)
As I would see it, monero has during all its trade history been a rangebound coin. Almost certain Rpitila has every one of the numbers to do this in the event that he hasn't done as such as of now. The assets of the previous gathering are monitored, while the assets of the last option bunch are scattered because of misfortunes by blackmail, burglary, and misrepresentation.
I am not sure why you are mentioning Pietilä. He died few years ago.
I’m getting worried for him tbh.
Don't be worried. He apparently just missed a court date or something to that effect:
https://twitter.com/Spatzipantz/status/1422533018397384709
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.
Broke $200... and crickets?
Meh, dirty Fiat price, Wake me when we hit .03 again!
Exactly my sentiment too. Actually I am pretty annoyed by the XMR / BTC ratio being so low, but there seems to be some improvement on that lately.
Re: [XMR] Monero - A secure, private, untraceable cryptocurrency
⭐ Merited by Hueristic (1)
Hey Guys,
no download link for the wallets is working on the official site...
Would be nice if you can solve this problem asap!
Thanks!
no download link for the wallets is working on the official site...
Would be nice if you can solve this problem asap!
Thanks!
And what is this official site? Or nevermind....the one and only real site is https://www.getmonero.org/ and the download links seem to work just fine.
Re: [XMR] Monero - A secure, private, untraceable cryptocurrency
Good to hear DStefanov and thanks for confirming.
Can you perhaps explain dEBRUYNE why in this case being connected to a remote node has a different result than being connected to your own?
Can you perhaps explain dEBRUYNE why in this case being connected to a remote node has a different result than being connected to your own?
The amount of inputs a transaction can use is limited in case of utilizing a remote node (I do not remember the exact reason off the top of my hat). No such limit is in place in case of using a local node.
Note that the threshold is quite high and is typically not reached by a user, especially after RingCT was introduced.
Didn't the error message he got say something about --restricted-rpc? Could it be that if the remote node runs with --restricted-rpc option then the sweep unmixable doesn't work?
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
It is very worrying that DASH has begun to be removed from some exchanges as an anonymous currency...
FATF will ban exchanges from trading DASH.Thats just Alexey45 spreading FUD (which is why i put him on ignore).
FATF put a list of recommendations out for its member countries to follow (these are not mandatory for exchanges, just guidelines).
Part of these recoomendations includes a "travel rule", which already exist for banks and is now introduced to crypto exchanges as well.
This travel rule allows information gathering on senders and receivers from crypto transactions. Just like Bitcoin has an open blockchain
with public viewable addresses of senders and receivers, so has Dash. This means Dash can comply with this travel rule and the FATF ruling
in general, to the same extend as Bitcoin can.
I think the travel rule is not even about whether currency is private or not. Isn't it more about exchange knowing where the funds are coming from (deposits) and where the funds are being sent to (withdrawal)? All exchanges, who have KYC procedures in place, know all this anyway so this delisting shenanigans is just strange.
Over the past 24h Bitcoin went up about 1% , but everything else with 'Bitcoin' in the name has been pumping hard:
Bitcoin Cash: 6%
Bitcoin SV: 56%
Bitcoin Gold: 22%
Bitcoin Diamond: 53%
Lightning Bitcoin: 12%
In the meantime, Monero only went up 3%. What do all these 'Bitcoin something's offer that Bitcoin + Monero do not? How can the market be so out of touch with reality?
Bitcoin Cash: 6%
Bitcoin SV: 56%
Bitcoin Gold: 22%
Bitcoin Diamond: 53%
Lightning Bitcoin: 12%
In the meantime, Monero only went up 3%. What do all these 'Bitcoin something's offer that Bitcoin + Monero do not? How can the market be so out of touch with reality?
Don't know about the other coins, but SV's volume has never looked organic, so hard to take it seriously.
I guess the reason for BSV pump is the fact that Craig Wright filed a copyright claim for original Bitcoin Whitepaper as Satoshi Nakamoto. So I guess some people really believe him to be Satoshi...
I heard a rumor a few weeks back (Jan 19th) regarding ASICs on the network - supposedly there was a batch of 5000 miners manufactured for a private Chinese farm that went online just recently. It seems to be pretty feasible after comparing against some analytics done on the nonce ranges of historic blocks:
https://github.com/noncesense-research-lab/nonce_distribution/blob/master/nonce_distribution.ipynb
Conveniently enough, this analysis concludes the miners came online around Jan 9th. Some chit-chat from IRC matches up as well:
At the time of this post, network hashrate is 850 MH/s (640 MH/s being 75% unknown), putting us squarely in the danger zone for network-level attacks. This is also a major drain on public pools - with only 230MH/s of "legitimate" miners popular pools are operating at a significant loss, having only 60-70 MH/s on average (e.g. SupportXMR at 0.6% is just below $1300/mo, while their server expenses are approximately $5000/mo). With the next hard fork still a few months out this is a completely unsustainable scenario and will eventually lead to the closure and consolidation of the public pools, not to mention a mass exodus of "legitimate" miners.
https://github.com/noncesense-research-lab/nonce_distribution/blob/master/nonce_distribution.ipynb
Conveniently enough, this analysis concludes the miners came online around Jan 9th. Some chit-chat from IRC matches up as well:
Quote
<@solar> i got some confirmation about asics too
<@solar> there's at least 1 group with cnv2 asics, 65nm
<@solar> supposedly a batch of 5000
So after a thorough analysis of the winning nonces for blocks 1760000-1765000 I can say this about ASICs that are on the network now:
320 cores (10 chips x 32 cores?)
each core processes nonces with 2^22 step - from 0 to ~1.34e9
Single core speed is 400 h/s - calculated from the area of spikes (which come with 2^22 step) on winning nonce graph
Overall ASIC device speed = 128 kh/s (400*320)
Around 4000-4500 ASICs online now
M5M400 they do mine on public pools: f2pool, viabtc, poolin - they all submit blocks with winning nonces strictly in ASIC nonce ranges
all 3 are Chinese pools ironically
so we can just count them in "unknown hashrate" part
which leaves only 230 MH/s known
and 641 MH/s = almost exactly 5000 * 128 kh/s solar
<@solar> there's at least 1 group with cnv2 asics, 65nm
<@solar> supposedly a batch of 5000
So after a thorough analysis of the winning nonces for blocks 1760000-1765000 I can say this about ASICs that are on the network now:
320 cores (10 chips x 32 cores?)
each core processes nonces with 2^22 step - from 0 to ~1.34e9
Single core speed is 400 h/s - calculated from the area of spikes (which come with 2^22 step) on winning nonce graph
Overall ASIC device speed = 128 kh/s (400*320)
Around 4000-4500 ASICs online now
M5M400 they do mine on public pools: f2pool, viabtc, poolin - they all submit blocks with winning nonces strictly in ASIC nonce ranges
all 3 are Chinese pools ironically
so we can just count them in "unknown hashrate" part
which leaves only 230 MH/s known
and 641 MH/s = almost exactly 5000 * 128 kh/s solar
At the time of this post, network hashrate is 850 MH/s (640 MH/s being 75% unknown), putting us squarely in the danger zone for network-level attacks. This is also a major drain on public pools - with only 230MH/s of "legitimate" miners popular pools are operating at a significant loss, having only 60-70 MH/s on average (e.g. SupportXMR at 0.6% is just below $1300/mo, while their server expenses are approximately $5000/mo). With the next hard fork still a few months out this is a completely unsustainable scenario and will eventually lead to the closure and consolidation of the public pools, not to mention a mass exodus of "legitimate" miners.
Another Hard Fork Coming for Monero [XMR]? Analysis says ASIC Dominates Monero Hashrate
https://coingape.com/asic-dominates-monero-hashrate/
Quote
the current network hashrate likely consists of 85.2% ASICs (5400 ASIC machines) and some die-hard GPU miners and botnets.
This is why hard forks purely for banning ASIC miners are dangerous in my opinion, they lower your network strength (making it vulnerable to 51% attacks) while ASIC manufacturers
will find ways to circumvent it. Best is to just allow ASIC miners and have them spread their hashrate evenly across pools (difficult to arrange, but not impossible).
Monero tries to be fair for all so ASICS (which are not easily obtainable for normal miners) are unfair advantage. So it is not like ASICS are bad but more like they are bad because so few can get them.
This situation is not new. It was the same year ago. As soon as it is known that algo will be changed, those ASICS will be sold. I just hope people are not getting fooled into buying them.
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Someone posted a site you can compare hashrate recently. Very interesting.
Dash is way above Eth and Ltc. XMR is barely noticeable on this scale. Still a way to go to catch up with bitcoin and bcash however
Dash is way above Eth and Ltc. XMR is barely noticeable on this scale. Still a way to go to catch up with bitcoin and bcash however
This chart is totally useless. These are all different PoW algorithms and not comparable in any way. For example my GPU can mine SCRYPT (Litecoin) about 650 khash/s but get only about 300 hash/s for CryptoNight (Monero). And for X11 (Dash) I got maybe 1,5 - 2 Mhash/s IIRC (it was a long time ago).
Is there a GUI wallet for this coin yet? Or a way to hold Aeon that doesn't require a terminal window?
https://github.com/aeonix/aeon-gui/releases
Yes thank you, can finally move off Bittrex!!
Damn, 50GB blockchain to download on my shitty 7Mbit connection....I'll check back in 2 weeks.
It's not 50GB. It's about 7GB.
Is there a GUI wallet for this coin yet? Or a way to hold Aeon that doesn't require a terminal window?
https://github.com/aeonix/aeon-gui/releases
Reptilla.
I feel like he is long gone at the moment.
Shame for the guy. But I feel a lesson in that.
Even when you've made it, you haven't made it yet.
what ever happened with that guy?
Based on his Facebook update from January he is living in some kind of commune in Estonia.
18 days left to big hard fork, we are waiting MoneroV,
Hey why not, we already had 4 others ...
They are not new by any means. They are just...leftovers or something similar. MoneroV is something new, but what did they change? Just moved the decimal and added V to the name.
Re: Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS
⭐ Merited by paramind22 (1)
Something interesting is going on at Tradesatoshi. Status page shows CAPo which I assume is the "old CAPS" with the old wallet version and there is this new CAP listed. Doesn't show the wallet version though, but maybe there is hope!
Goldman-backed startup Circle buys Poloniex cryptocurrency exchange
https://www.reuters.com/article/us-crypto-currencies-circle/goldman-backed-startup-circle-buys-poloniex-cryptocurrency-exchange-idUSKCN1GA1N4
Polo is not usable any more with bitches like Goldman Sachs owning it
Could not agree more.
and also the fact it seems impossible to get verified there. Submitted all valid documents - verified at Binance and Kraken in a matter of days. Been over a month with polo and nothing at all. They can go and fist themselves.
My verification ticket has been open for over 2 months and no ticket updates/acknowledgement of any kind from Polo.
EDIT: we seem to have surpassed Dash in marketcap. Yei!