Poloniex reports that they have worked with the Monero devs to improve transaction speeds for deposits and withdrawals.

Any idea what improvements are to be expected?

I've never transacted XMR on Poloniex, actually I tried to withdraw once and it didn't happen as they had an issue.

Today I finished my purchases of XMR on Poloniex and will start withdrawing a significant part.

Your perspective is lacking depth of understanding.


On further thought, I remember why I had dismissed the genre of parameters CryptoNote chose ("1MB/16B table with 128-bit, i.e. 16B, elements with 1M writes"), because it doesn't stop the lookup-gap strategy I outlined. The reason is because if the random access is uniformly distributed (and if it isn't you have other attack vectors), then after each quantity of random r/w accesses that exceed ~2X the number elements in your memory table (for the case of reducing the storage by a factor of 2), then the lookup 'values' table can be pruned, because older entries are no longer directly pointed to by any latter entry that corresponds to an entry in the 'elements' table.

Thus the CryptoNote parameters chosen don't necessarily defeat the strategy for trading computation for smaller cache requirement. They do make the proof-of-work much slower than it needs to be.

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Also I noticed you ignored my upthread point about cache set associativity and the TLB. When we know all the accesses are 128-bit aligned and they do not span a larger space in main memory, then the ASIC can do optimizations on the design of the cache making faster and or use less logic gates. The CPU's cache is generalized. ASICs can always kick butt because they take advantage of specialized optimizations.

I don't know if CryptoNote or Monero has implemented a strategy of eliminating the need to transmit (not validate) the entire block when a block is solved, but if not then you missed his point. He is talking about how block size impacts propagation time which impacts orphan rate. See my cited footnotes.

He implied "validate" includes the time to wait on propagation before validation can be started (part of the process of validation).


His valid implied point is it is Monero-specific when combined with Monero's short block period and the higher potential for DDoS due to the slow proof-of-proof validation.


I was allowing for the possibility that you were not misinterpreting and instead if Monero doesn't transmit the transactions when the block is solved, then your response would have been correct. I didn't have time to go learn what is the current status on Monero on that design point.

Pot meet kettle.

Maybe that's about the right time to look into another direction: Etherium (ETH)

The Ether guys just started the pre-sale, and I'm wondering how you all think about this new coin and its presale. Some quick questions/points from me side:

- Will ETH be a threat to Monero?
- Is the presale (2000ETH per BTC right now) a reasonable investment chance? (I couldn't find an upper bound on the coin supply for the presale.)
- Is there a chance that ETH will make it against Mastercoin and Counterparty?
- Would Bitshares-X (similarly Bitshares-PTS) be a better investment? (ETH and Bitshares seem to share some goals, e.g., decentralized organisations/companies, etc.)

Regards.

One thing I will say is that the ethereum team really knows how to engage, market, and create awareness, along with being very strong technically. Very impressed with their technical achievements, but also equally impressed with their website and ability to market and make the currency easy for the average non techie to purchase. One of the most professional websites I've seen for any alt coin project as well.

For that reason alone, they are likely to get a lot of attention, and attention equals dollars, and dollars equals hiring more devs. Pretty virtous cycle that XMR should have but doesn't seem able to make happen. They have already sold over 1 million USD worth.

1337ETH? Seriously?

1337 is leet speak for "leet" which is a colloquialism for "elite".

In other words, only 13 year old Counter-Strike players refer to things at 1337.

Even considering all the blatant censorship here, I have decided to reveal the one single hope Monero, and in fact all cryptocurrency has against the NSA as well as The HK SAR, and Chinese MSS and a few other agencies I don't have the time to mention.  You do not have the mental capacity to know this many acronyms anyway.

At least Monero has not taken the route of using PoS which is really just a honeypot.  In fact it is a reverse Tupelo honeypot, designed to draw in the clueless masses to be caught in the great clawback of 2013, which is actually happening in 2016 since the NSA has not realized that honey without the comb can spoil at a rate which follows the accelerated curve represented by the non-comb reverse Tupelo honey equation:

Q′(x)=[(cosx)(tanx)(ex)+(sinx)(sec2x)(ex)+(sinx)(tanx)(ex)+52x32+72x−32][(cscx)2−19]−[(−cscxcotx)(cscx)+(cscx)(−cscxcotx)][(sinx)(tanx)(ex)+(x3+2x12−7)(1x√)][(cscx)2−19]2

But I digress.

As I said, at least the Cryptonight devs and subsequently the Monero (leaderless, consensus based, socialist, betamale) "devs" used second most stupid method to secure the blockchain: PoW.

After many hours of study I have found the only computational cipher worthy of my study and mastery is: PoH.

Obviously you are too dimwitted to have even considered using PoH to secure the Monero blockchain.  But allow me to elucidate you slightly.


Yes, the Proof of Haiku algorithm is even capable of withstanding the coming rigors of quantum computing, and cannot be broken by the NSA until, by my calculations, sometime in the fall of 2065.  I would like to pinpoint the date more accurately, but as the original cryptopoet Bashō wrote:


I have yet to work out exactly how to implement PoH, and how to make it ASIC proof, and of course you all expect AnnoyMint to do all the work for you.  I have so many other problems to solve, my time is simply too valuable to spend all day and night elucidating you.  Finally this: