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    Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4674931 times)

    • samaricanin
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    July 30, 2014, 01:59:47 PM
     #10821
    Quote from: Anon136 on July 29, 2014, 09:25:11 PM
    MoneroForum.org up and running!!!

    Please check it out guys and get involved. I know its hard early on when we dont have network effects, but the only way to generate network effects is to get in there and start talking even when there arnt very many people listening. I may do a promotion a little later to help bootstrap the forum.

    just correct address

    https://moneroforum.org/index.php
    Bitcoin Debit Card

  • darkota
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    July 30, 2014, 02:18:56 PM
     #10822
    cryptsy makes no sense. they accept all those shit/scamcoins, but havent added monero yet. Im done using that exchange until they do, onto Poloniex!

  • r05
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    test cryptocoin please ignore


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    July 30, 2014, 02:40:38 PM
     #10823
    Quote from: darkota on July 30, 2014, 02:18:56 PM
    cryptsy makes no sense. they accept all those shit/scamcoins, but havent added monero yet. Im done using that exchange until they do, onto Poloniex!

    Been with Polo since day 0, back in the days of Vert and CACHe. I've never once had reason to move away from them, they are fantastic. Would highly recommend them.
    BTC: 18tS6E9FRnXuh4JitAJykm6YRtJRSkP6jq
    XMR: 46BzjaUU1fyfFJ2b9vvg9RXUsw3XQtkaoc7cRkzYxMre69GtCaX6jg3Luc4B6ABHAaBmZNpJ4zzmAiX deGsCiXJJMniDbWE

  • cAPSLOCK
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    July 30, 2014, 02:43:57 PM
     #10824
    Quote from: darkota on July 30, 2014, 02:18:56 PM
    cryptsy makes no sense. they accept all those shit/scamcoins, but havent added monero yet. Im done using that exchange until they do, onto Poloniex!


    You may have to wait for poloniex dns to propagate, but imho Poloniex>Cryptsy by a wide margin.

  • dbzenhosting
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    July 30, 2014, 06:39:51 PM
     #10825
    Cryptsy Is done with, Worst exchange.

  • Anon136
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    July 30, 2014, 06:46:48 PM
     #10826
    Giving away 0.1 XMR to anyone who makes 10 quality posts on Moneroforum.org

    Yes its totally subjective and I will be the judge Cheesy
    Rep Thread: https://bt.irlbtc.com/view/381041
    If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?

  • Amph
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    July 30, 2014, 07:58:37 PM
     #10827
    what it mean on dwarf "Confirmed but still not on balance", why they are not on balance?

  • annonymous
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    July 31, 2014, 02:25:42 AM
     #10828
    new pool
    cryptmonero.com

  • Anon136
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    July 31, 2014, 03:22:39 AM
     #10829
    has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

    Quote
    CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

    or if they are just blowing smoke.
    Rep Thread: https://bt.irlbtc.com/view/381041
    If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?

  • 5w00p
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    July 31, 2014, 03:53:02 AM
     #10830
    Quote from: Anon136 on July 31, 2014, 03:22:39 AM
    has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

    Quote
    CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

    or if they are just blowing smoke.

    POS is POS (piece of shit)

  • Anon136
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    July 31, 2014, 04:04:03 AM
     #10831
    Quote from: 5w00p on July 31, 2014, 03:53:02 AM
    Quote from: Anon136 on July 31, 2014, 03:22:39 AM
    has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

    Quote
    CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

    or if they are just blowing smoke.

    POS is POS (piece of shit)

    Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive. But thats not the point. The question is whether this proof of stake "thing" they have invented actually provides anonymity. I doubt it highly.
    Rep Thread: https://bt.irlbtc.com/view/381041
    If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?

  • Polycoin
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    July 31, 2014, 04:06:03 AM
     #10832
    Quote from: Anon136 on July 31, 2014, 04:04:03 AM
    Quote from: 5w00p on July 31, 2014, 03:53:02 AM
    Quote from: Anon136 on July 31, 2014, 03:22:39 AM
    has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

    Quote
    CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

    or if they are just blowing smoke.

    POS is POS (piece of shit)

    Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive.

    PoS is far from an ideal solution. Vericoin got 51% attacked easy as fuck too...

    Mining centralization is the natural order of things, only a small few get the most because they put forward the most. If everyone in the world got an equal supply of money like in PoS, the whole economy would be in chaos, PoS coins arent currencies, theyre more like games...or entertainment shit.
    Polycoin Troopers, Assemble!

  • sammy007
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    July 31, 2014, 04:19:02 AM
     #10833
    Quote from: Anon136 on July 31, 2014, 04:04:03 AM
    Quote from: 5w00p on July 31, 2014, 03:53:02 AM
    Quote from: Anon136 on July 31, 2014, 03:22:39 AM
    has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

    Quote
    CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

    or if they are just blowing smoke.

    POS is POS (piece of shit)

    Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive. But thats not the point. The question is whether this proof of stake "thing" they have invented actually provides anonymity. I doubt it highly.

    Proof of stake is not secure pump & dump feature used by a lot of scam/shit coins to reduce sell pressure.

  • Anon136
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    July 31, 2014, 04:20:51 AM
     #10834
    Quote from: Polycoin on July 31, 2014, 04:06:03 AM
    Quote from: Anon136 on July 31, 2014, 04:04:03 AM
    Quote from: 5w00p on July 31, 2014, 03:53:02 AM
    Quote from: Anon136 on July 31, 2014, 03:22:39 AM
    has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

    Quote
    CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

    or if they are just blowing smoke.

    POS is POS (piece of shit)

    Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive.

    PoS is far from an ideal solution. Vericoin got 51% attacked easy as fuck too...

    Mining centralization is the natural order of things, only a small few get the most because they put forward the most. If everyone in the world got an equal supply of money like in PoS, the whole economy would be in chaos, PoS coins arent currencies, theyre more like games...or entertainment shit.

    You can use proof of work to distribute the stake and then proof of stake to secure the network you know. If proof of work is a solution to the problem of stake centralization, it can be used to solve the problem in a proof of stake system. If proof of work is not a solution to that problem than what are we even talking about. Cheesy
    Rep Thread: https://bt.irlbtc.com/view/381041
    If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?

  • sammy007
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    July 31, 2014, 04:22:43 AM
     #10835
    Quote from: Amph on July 30, 2014, 07:58:37 PM
    what it mean on dwarf "Confirmed but still not on balance", why they are not on balance?

    I suspect a payouts nature. IIRC you can't send batch payout with payment ids (please correct me if I am wrong). After a number of small payouts whole balance is locked and you have to wait for unlock. Then show repeats.

  • Polycoin
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    July 31, 2014, 04:24:45 AM
     #10836
    Quote from: Anon136 on July 31, 2014, 04:20:51 AM
    Quote from: Polycoin on July 31, 2014, 04:06:03 AM
    Quote from: Anon136 on July 31, 2014, 04:04:03 AM
    Quote from: 5w00p on July 31, 2014, 03:53:02 AM
    Quote from: Anon136 on July 31, 2014, 03:22:39 AM
    has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

    Quote
    CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

    or if they are just blowing smoke.

    POS is POS (piece of shit)

    Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive.

    PoS is far from an ideal solution. Vericoin got 51% attacked easy as fuck too...

    Mining centralization is the natural order of things, only a small few get the most because they put forward the most. If everyone in the world got an equal supply of money like in PoS, the whole economy would be in chaos, PoS coins arent currencies, theyre more like games...or entertainment shit.

    You can use proof of work to distribute the stake and then proof of stake to secure the network you know. If proof of work is a solution to the problem of stake centralization, it can be used to solve the problem in a proof of stake system. If proof of work is not a solution to that problem than what are we even talking about. Cheesy

    I was talking about full, 100% PoS coins and how theyre shit. But, I guess PoW to distribute the coins, then PoS to secure the network, is a good idea...
    Polycoin Troopers, Assemble!

  • Anon136
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    July 31, 2014, 04:26:54 AM
     #10837
    Quote from: Polycoin on July 31, 2014, 04:24:45 AM
    Quote from: Anon136 on July 31, 2014, 04:20:51 AM
    Quote from: Polycoin on July 31, 2014, 04:06:03 AM
    Quote from: Anon136 on July 31, 2014, 04:04:03 AM
    Quote from: 5w00p on July 31, 2014, 03:53:02 AM
    Quote from: Anon136 on July 31, 2014, 03:22:39 AM
    has anyone actually read cloakcoins 3 whitepapers? im so tried of reading whitepapers all the time and they want me to read 3... maybe someone can tell me if there is any truth to this

    Quote
    CloakCoin is a new cryptocurrency that will feature a uniquely implemented and decentralized p2p anonymization feature via Proof of Stake protocol extensions.

    or if they are just blowing smoke.

    POS is POS (piece of shit)

    Proof of stake is the future. Competing to see who can create the largest money bond fire is not an ideal situation. That money doesn’t come out of no where, it is transferred from the networks users to the miners thus making the use of the network more expensive than it needs to be. SIGNIFICANTLY more expensive.

    PoS is far from an ideal solution. Vericoin got 51% attacked easy as fuck too...

    Mining centralization is the natural order of things, only a small few get the most because they put forward the most. If everyone in the world got an equal supply of money like in PoS, the whole economy would be in chaos, PoS coins arent currencies, theyre more like games...or entertainment shit.

    You can use proof of work to distribute the stake and then proof of stake to secure the network you know. If proof of work is a solution to the problem of stake centralization, it can be used to solve the problem in a proof of stake system. If proof of work is not a solution to that problem than what are we even talking about. Cheesy

    I was talking about full, 100% PoS coins and how theyre shit. But, I guess PoW to distribute the coins, then PoS to secure the network, is a good idea...

    Yea I totally understand your concern. Im involved in nxt because there is some amazing technology there and amazing people working to make it even better, but I would be lying if I said that wasn't a huge concern for me.
    Rep Thread: https://bt.irlbtc.com/view/381041
    If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?

  • devphp
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    July 31, 2014, 04:29:46 AM
     #10838
    Fortunately, miners are only 0.00001% of the population. The rest have to buy coins, and they don't have a concern if it's PoW or PoS as long as it does what they need it to.

  • Anon136
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    July 31, 2014, 04:46:12 AM
     #10839
    Quote from: devphp on July 31, 2014, 04:29:46 AM
    Fortunately, miners are only 0.00001% of the population. The rest have to buy coins, and they don't have a concern if it's PoW or PoS as long as it does what they need it to.

    As long as a miner is making a profit than he isnt paying for that security. And if he is making a loss than he is only paying for the difference between the amount he is making and what he needs to make in order to generate a profit. Its users who pay the cost associated with mining through transaction fees and inflation. A POS system that is comparable to a POW system in other ways, all things being equal, will have less inflation and or less fees. This is something they would be concerned with. Or not concerned as much as they would just make the rational choice to switch to the cheaper network.
    Rep Thread: https://bt.irlbtc.com/view/381041
    If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?

  • smooth
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    July 31, 2014, 04:58:11 AM
     #10840
    Quote from: Anon136 on July 31, 2014, 04:46:12 AM
    A POS system that is comparable to a POW system in other ways, all things being equal

    No one has demonstrated that in a way that has convinced the community of disinterested domain experts that their scheme is sound.

    I agree "it would be nice" if you could do something that was distributed, trustless and highly energy efficient, but right now that is unicorn cryptography.
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