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@ Johnny Mnemonic, I agree, there is no point in continuing this conversation. It is not productive.
My other post was just deleleted, perhaps for editing yours, so I am reposting a clearer version in my own words only.
Be well
My other post was just deleleted, perhaps for editing yours, so I am reposting a clearer version in my own words only.
Be well
Also, do you really think the entire Jaxx team was blindsided by the regularly scheduled hard fork and the the open-source, much anticipated RingCT implementation?
Maybe next time our top secret devs will think twice before they secretly develop features that nobody knew were coming and release the code at the very last second in a surprise hard fork!
Quote from: Anthony Di Iorio
It was working. It was working with the protocol as it was working back then, and again, in the same way, that MyMonero was working and once we had it working I announced the first transactions. And that was all before the changes were made.
Maybe next time our top secret devs will think twice before they secretly develop features that nobody knew were coming and release the code at the very last second in a surprise hard fork!
I am not disagreeing that their public pronouncements don't reflect poorly on them, but to be fair, hasn't the ring CT hardfork completely borked mymonero for several weeks now? Or is it working again?
Should be working again now.
Well that's good news. Nice work
There is no lens of which I look through.
It is the reality of the situation.
It is the reality of the situation.
Thanks for letting me know you have the copyright on 'reality', I will try not to infringe upon it
So are you saying that you disagree with Smoothie's version of "reality?"
Did Jaxx not announce Monero support back in October 2016 and claim it would be done in November?
After that deadline was missed, did Jaxx not continue to insist that integration was nearly complete and release was imminent?
Which of the above statements are you saying is untrue?
OK, I am done with this pussyfooting crap ...
Nope, I am saying that this is not the whole story, lacks context and is basically a 'hit piece' on Jaxx that avoids mentioning the fact that Fluffy, who everyone expected to get it right (so he didn't have to announce anything, it was simply assumed it would be done right), royally fucked it up too and happened to be advising them. And is still advertising the site as 'The Simplest way to use Monero' with a warning banner that may or may not appear in your browser (just clicked there now and it did not), and arguably caused more short term damage to Monero's credibility than Jaxx did, and is still accepting new deposits from people, some of whom end up over on reddit asking for help to access their Monero from the site that is still borked. He has subsequently admitted his mistake, as have Jaxx, and I am saying 'Drop it, move on, the people that needed to learn have learnt and nobody needs to be crucified here'. Get it ??
And this crap about Jaxx bringing it on themselves - sure, they fked up with that reddit converstaion when they struggled at the start, but it is clear that people more involved than you or I were able to move past this and continue assisting, yet most people here still cant see past that initial interaction and use it as a blinkered excuse to vent. Thank god you do not play a more senior role in this project or your grudges would bring it to its knees.
So you poked me enough to speak out for you. Well done, how courageous ... I hope you are happy now. Do you feel like you won something?
@ DaveyJones ... they paused the integration AFTER RingCT, when the issues unforeseen by them and fluffy, came to light ... MyMonero is still acting like it's the go-to place to use monero ... where is the balance in peoples sight here?
Apologies to fluffy here, but I think it is wrong for certain members of the community to be shouting at someone outside whilst not looking inside too, and the accusation that I am the one with blinkers on here is ridiculous. People are simply too weak to speak about the other side of the story and risk offending you after all you have done, and continue to do. Personally, i think you have enough self-awareness and a thick enough skin to deal with it, and value truth, and Monero's future, over unspoken ass-kissing.
If we are not able to cast critical eyes inwards aswell as outwards there is no hope. Monero deserves better than that.
If that is the lens thru which you wish to view things Smoothie, that's your choice. I choose another one that gives me a different perspective and plenty of peace of mind - maybe yours does too, who am I to say
There is no lens of which I look through.
It is the reality of the situation.
Thanks for letting me know you have the copyright on 'reality', I will try not to infringe upon it
Ciao bella
EDIT: Look Smoothie, I've no beef with you or anyone else in this community (yet!), hence this edit, but I do see selective vision on this Jaxx thing from many, and a refusal to talk about other aspects due to loyalty. That's understandable, but it is not representative of the whole picture, and I really dont want to go to that place either as it's not necessary. Mistakes have been made, and will be made again. We should simply regroup and move on - the future for Monero has not changed throughout any of this - it is very very bright and we should be looking forwards not backwards
If that is the lens thru which you wish to view things Smoothie, that's your choice. I choose another one that gives me a different perspective and plenty of peace of mind - maybe yours does too, who am I to say
Edited..
... About Jaxx is perfect they finally come out with a reason. At least they did not looked totally incompetent. It is all CT-Ring fault.
... About Jaxx is perfect they finally come out with a reason. At least they did not looked totally incompetent. It is all CT-Ring fault.
Actually, to me they seem even more incompetent for this very reason. He repeatedly said they built for months on the old codebase, and didn't even look to see what was coming out. And everything worked until the Monero team deployed the new code... Who does that? They and everybody who knew anything about Monero knew there were going to be significant changes at the protocol level so, why in the world wouldn't you make sure you were always coding against the latest version?
That's just extremely poor project management on their part.
When you are used to copy-pasta-ing code, you don't have much foresight. It seems they wanted a free lunch.
The market doesn't work that way (at least for the most part).
With respect, they were not the only ones to get blindsided by the magnitude of the effect the RingCT changes would have to a non-custodial wallet service.
Seems to me there are a lot of XMR holders here that are pissed that THEY did not get a free lunch.
I will glad when all of this is in the rearview mirror and we have a nice, fully funtional web and phone wallet, and less ad hominems.
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
... the AEON approach of allowing limited use of 0 mix and non-RingCT transactions would allow things like pool payouts where both tracing and hiding amounts is largely pointless (the blocks mined by the pool is generally public anyway, as are the payout transactions) to be done with lower cost. Or at least, they would bid for access to the quota of 0-mix transactions. My guess is that those slots would be most valuable to pools for cheap payouts, but I don't know. The market will sort it out.
I don't see RingCT or required mixing being a problem here at all. People who don't need it can opt out, as long as is kept under control and doesn't compromise the privacy of the chain as a whole...
Hey Smooth, is there somewhere I can read more about what the AEON approach is concerning allowing a limited number of 0 mix and non RCT tx's without compromising the overall privacy of the chain as a whole?
Obviously including a 0 mix input into a >1 mix reduces privacy at the most basic level. Is there already/will there be an algo that is used to regulate this ?
Thanks
There are two methods planned, one of which is already implemented in the current release. The first (already implemented) is that the number of 0-mix (also currently 1-mix, but maybe those should be prohibited altogether) transactions is limited to a maximum of one per block. Given growth in usage that will be a small minority of the total number of transactions, which results, statistically, in the chain as a whole is being protected any sort of chain reaction attacks.
The second method allowing a different pathway for smaller and lower-cost transactions is planned for an upcoming upgrade but has not been disclosed yet.
I am not an expert, but it intuitively makes sense to me that if we allow some 0-mix txs then abolishing 1-mix would significantly reduce the impact they could have on privacy. Realistically though I think we are just talking about the possibility of one of the inputs in a tx being indentifiable as 'real' in a limited number of txs right? (ie where a 1-mix tx had a 0-mix as an input for one of the amounts).
Perhaps instead of abolishing 1-mix txs, we could prevent the use of 0-mix inputs for them. Is that feasible?
If my understanding is right, for 1-mix tx, you would have to be have every input paired with a 0-mix input for to reveal the whole tx, which would be a low probability event, but possible (I am working on the assumption that ring inputs are selected simply by matching amounts and not looking at other parameters, such as mix - please correct me if this is wrong, I am keen to learn and help)
I look forward to the details of the second method in due course
On a seperate note will Kovri/I2P be implemented in Aeon when it is complete in Monero? I am assuming that it is equally vulnerable to IP snooping.
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
... the AEON approach of allowing limited use of 0 mix and non-RingCT transactions would allow things like pool payouts where both tracing and hiding amounts is largely pointless (the blocks mined by the pool is generally public anyway, as are the payout transactions) to be done with lower cost. Or at least, they would bid for access to the quota of 0-mix transactions. My guess is that those slots would be most valuable to pools for cheap payouts, but I don't know. The market will sort it out.
I don't see RingCT or required mixing being a problem here at all. People who don't need it can opt out, as long as is kept under control and doesn't compromise the privacy of the chain as a whole...
Hey Smooth, is there somewhere I can read more about what the AEON approach is concerning allowing a limited number of 0 mix and non RCT tx's without compromising the overall privacy of the chain as a whole?
Obviously including a 0 mix input into a >1 mix reduces privacy at the most basic level. Is there already/will there be an algo that is used to regulate this ?
Thanks
Is there any news about monero latest exploit 
https://www.reddit.com/r/Monero/comments/5ptm2y/security_avisory_common_exploit_in_monero_miners/
i wonder what this means to monero future with all the botnet in the wild which might be affected by this exploit i wonder if this was intentional exploit right from the start to undermine monero's anonimity
and... back to topic, what would monero do to fix this exploit ? assuming that botnet miner which affected by this could do 51% attack on the network should monero change algo ? anyone?
https://www.reddit.com/r/Monero/comments/5ptm2y/security_avisory_common_exploit_in_monero_miners/i wonder what this means to monero future with all the botnet in the wild which might be affected by this exploit
i wonder if this was intentional exploit right from the start to undermine monero's anonimity and... back to topic, what would monero do to fix this exploit ? assuming that botnet miner which affected by this could do 51% attack on the network
should monero change algo ? anyone? you seem overly
"If you only own Monero - don't panic. The attack has nothing to do with Monero code. It can't be fixed by the Monero devs because they don't write the miners, but even a 51% attacker won't be able to steal your coins. Worst risk for you is disruption to Monero.
If you mine Monero - do panic. Nearly every miner out there is vulnerable. For open source miners 'grep -r 76' will tell you if they are using a magic number to determine the work length. If you see that number, the code likely to be vulnerable."
So, I wouldn't
too muchAccording to that thread there is also a quite trivial fix that pools can implement to avoid this exploit until it the mining software is patched, and it seems all relevant parties have been notified, so personally, not concerned, and grateful that it has been spotted now.
If someone tried this now that it is in the public domain, it would be very clear to all what was happening as the blocksize would be necessarily be increasing at an abnormally fast rate to get to a level at which it was profitable. With as many eyes on this project as there are, I trust that a short-term solution would be found before the attack got this far.
In short, most likely anyone attempting this now would likely be giving away money.
So yeh, I'm with Nano on this
... less More good news already! 2017 ... The Year of The Phoenix .... 
Shame Kraken messed up their blog post and are talking about the HF being on 5th January. I emailed them to correct this, and got automated response (may take 48hrs to get back etc), but perhaps one of the devs who is in direct contact with them can give them a nudge and get it corrected as soon as possible
Shame Kraken messed up their blog post and are talking about the HF being on 5th January. I emailed them to correct this, and got automated response (may take 48hrs to get back etc), but perhaps one of the devs who is in direct contact with them can give them a nudge and get it corrected as soon as possible
yeah sure people trade into their own orders to "test the waters" 
and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data"
happy new year guys, lets pop some barolos tonight
and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data"
happy new year guys, lets pop some barolos tonight
Yup, they do. Always have and always will. Part of The Great Game. Obviously if they are all your own orders it achieves nothing lol (or maybe just sthg different ....) and I was not implying that
Happy new year to you too
"part of the great game"
please tell me more about it
its more easy if you tell me at monero-markets,otherwise smooth will have to use that ugly color red again
Not interested in your trolling. Careful not to add too much salt to your Barolo
yeah sure people trade into their own orders to "test the waters"
and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data"
happy new year guys, lets pop some barolos tonight
and ofc they run several accounts all with fake identities to perform this absolutlely lucrative stunt of "gathering data"
happy new year guys, lets pop some barolos tonight
Yup, they do. Always have and always will. Part of The Great Game. Obviously if they are all your own orders it achieves nothing lol (or maybe just sthg different ....) and I was not implying that
Happy new year to you too
The train is already gone...
Yup, time for another shot at .015
@ kurious + TC ... thanks, and may 2017 be a prosperous year for us all
And yeh, my nick is more of a prediction than a name lol
Nice price action - someone wants a lot of XMR....
I can't blame him/her.
I wonder if the same actor pumped and then sold - there were some large 4000 and 6000 buys and sells in there.
Of course I don't mind, it's nice to see 5% fluctuations in very short time periods - it means people keep an eye and there is good liquidity for large movers. It also means it's worth day trading and market making.
Also, I get to keep my stash level and still average down a little although the price is way above what my average buy is.
I wonder why would someone buy 10 000 xmr and a few minutes later sell them? Doesn't make any sense to me at least.
Sure it is nice to have some action but personally I would like to skip the dumping part of the action.
What if there was an entity or a combination of entities just hoarding all the Moneros from the markets and refuse to sell any of them? Those basically could make Monero great and bring the price of XMR to millions. After all, if the markets are liquid enough, there is no reason for a bitcoin maximalists to switch to Monero maximalism and dump all their bitcoins into the tiny XMR markets.
There weren't many on the sell side. Then, upon the rise up the sell side filled in under the price, also a bit of movement may have brought more money into increase the rise. Selling back may have upped the income from the move - hard to say of course, but it's possible.
As for making Monero great for us - why would anyone do that? I think the lack of coins available and the good liquidity means XMR is attractive and that is why we are at the top of the Alts tree.
Ending the year at this kind of level (comfortably over $10) is huge. Monero is a real contender and here to stay - anyone needing a balanced portfolio of crypto must have at least considered XMR and I have always thought another run to the ATH or more is lilkely for Spring 2017. What I did not think was we would end this year at this level - I am a happy Hodler*.
*Of course the unfortunate boating accident where I lost most of my XMR means I have far less than I did
I would speculate that is was the same person, testing the market to see where the supply and rdemand levels are, and shaking the tree a little in the process. The costs of the exploration (if any) are probably well worth it for the data gathered (not to mention that some of the trading will be into their own bids and offers)
just a little bit of probing before the next move ...
x-post from r/xmrtrader -
https://www.reddit.com/r/xmrtrader/comments/5anhmi/xmr_successfully_finished_the_first_wing_of_the/
Prediction ... "XMR successfully finished the first wing of the rising phoenix pattern ..."
Update ...
https://www.reddit.com/r/xmrtrader/comments/5kio0z/it_really_was_a_rising_phoenix/
So far so good ... happy days ahead!!
This has nothing to do with me btw, just a coincidence with the name
(if someone could please tell me what I need to to scale down the size of images, I will edit this post - I know they are a a bit on the large size!, and for gods sake, please snip out the images if you quote this post lol)
Edit : thanks for scaling advice jwinterm, looks about right now
https://www.reddit.com/r/xmrtrader/comments/5anhmi/xmr_successfully_finished_the_first_wing_of_the/
Prediction ... "XMR successfully finished the first wing of the rising phoenix pattern ..."
Update ...
https://www.reddit.com/r/xmrtrader/comments/5kio0z/it_really_was_a_rising_phoenix/
So far so good
... happy days ahead!!This has nothing to do with me btw, just a coincidence with the name
(if someone could please tell me what I need to to scale down the size of images, I will edit this post - I know they are a a bit on the large size!, and for gods sake, please snip out the images if you quote this post lol)
Edit : thanks for scaling advice jwinterm, looks about right now
I want to get back into Monero, I invested originally back in the day but eventually sold. It seems they are finally making it more user friendly with the GUI. But I still have problems with the scalability problem. Some people complain about Bitcoin's blockchain being too heavy but we already got it figured out with segwit, lightning network etc to scale for the next years. Now my question is, how is Monero going to deal with its blockchain which as far as I remember is a couple times heavier than Bitcoin or grows at a faster rate? Also how fast is Monero nowadays compared to Bitcoin?
I guess for its niche that is not an important but its still good to know how thinks are going to be dealt with in the future.
Yes, blockchain will be bigger, but I dont see many people complaining about BTC blockchain size - it's the block size and subsuquent congestion that is the real issue, and we have that covered with adptive blocksizes, so we will never have to have the debate that is going on with BTC now. At the end of the day its just data storage, and the price paid for XMR privacy is a bigger chain. Sure, that will likely lead to more node centralisation in the future, but that seems an unavoidable part of this tech.
AFAIK, and from what I have read, there is absolutely no reason why the 2nd layer solutions being proposed for BTC cannot be applied to XMR in due course, so I don't see any problems there tbh. It's not like we need them yet, and the tech will be more mature by the time we do.
Pure speculation : As the Aeon project has been taken on by Smooth, is part of the monero stack exchange, and XMR tech is going to be implemented there in due course, it would not surprise me to see Aeon playing a role in XMR's future as a slightly less private, but very related coin that one could keep smaller balances in for day to day stuff. It is a 'lighter' version of Cryptonote and intended to be mobile-friendly, with some compromise on privacy levels to achieve that. That may play a part in scaling too ...
EDIT : Disclosure - yes I have bought a bunch purely on the basis that Smooth is involved, it looks like it will be developed alongside XMR, and its being virtually given away at the moment ...
Also seems the GUI release is (unsurprisingly) resulting in more people running full nodes already.
Node count had been hovering 390-420 ish last few weeks, now up to 447, highest I have seen it. This is great for the future and we are only one day in
https://monerohash.com/nodes-distribution.html
If anyone has a historic chart of node count I would be really interested to see that.
Can't wait for Backround Mining to be introduced - is there any timeline on this ? I think one of the most important issues for monero now is to get the security level up and I am pretty sure that there are many of us here who would gladly 'donate' hash power to the network will little expectation of reward (other than the intrinsic reward of helping to secure the network in a distributed manner)
I hope Jaxx can follow through in a timely manner with their mobile wallet and integration into their upcoming hardware wallet that is being developed. Or anyone else!
The pieces really seem to be falling into place for monero now. 2% of Alphabay business already, with no GUI, no HW wallet, no mobile wallet, no Ring CT ... 5% by end of Q2 seems entirely possible imo. Then we can say the snowball is really starting to roll ...
Bring on 2017
Node count had been hovering 390-420 ish last few weeks, now up to 447, highest I have seen it. This is great for the future and we are only one day in
https://monerohash.com/nodes-distribution.html
If anyone has a historic chart of node count I would be really interested to see that.
Can't wait for Backround Mining to be introduced - is there any timeline on this ? I think one of the most important issues for monero now is to get the security level up and I am pretty sure that there are many of us here who would gladly 'donate' hash power to the network will little expectation of reward (other than the intrinsic reward of helping to secure the network in a distributed manner)
I hope Jaxx can follow through in a timely manner with their mobile wallet and integration into their upcoming hardware wallet that is being developed. Or anyone else!
The pieces really seem to be falling into place for monero now. 2% of Alphabay business already, with no GUI, no HW wallet, no mobile wallet, no Ring CT ... 5% by end of Q2 seems entirely possible imo. Then we can say the snowball is really starting to roll ...
Bring on 2017
Lol @ all you guys dissapointed about the pump but not saying any word about the gui.
pfui!
one day you will realize that it can not pump because we have too many of you parasitic free riders on board allready.
in the meantime we have real users enjoying their new tool
pfui!
one day you will realize that it can not pump because we have too many of you parasitic free riders on board allready.
in the meantime we have real users enjoying their new tool
It was worth the wait
good job #TeamMonero
Many thanks for all the work!
Windows users are reporting problems with the GUI on GitHub. The article at Bitcoin Magazine reporting only 2% adoption of Monero on AlphaBay was lower than expected.
Windows user here ... having no issues at all. Restored wallets, created wallet, sent funds, received funds, all good so far. Can you post a link to the issues others are having ?
EDIT: I can see now .. 1 user has raised an issue.
TBH I was quite pleased to read the BM article :
https://bitcoinmagazine.com/articles/alphabay-comments-on-bitcoin-congestion-monero-adoption-and-zcash-possibilities-1482345512
Highlights issues with BTC, and the 2% of business, not offers, is a good start IMO, especially pre GUI and RingCT
BTW Manchester and Scotland are both in the North
Try telling that to either a Mancunian or a Scot. That would be fun to watch.
Lol!! Yeh, I'd like to see that too. Make it a Glaswegian for good measure ... Scottish Kiss anyone ?