[XMR] Monero - A secure, private, untraceable cryptocurrency

[TonyGaruda88]

I do not understand the program and the mine. But based on data and information about team members, I think this project will be a great success.

[Pithecanthropus Soloensis]

what's happening with Monero makes me optimistic about XMR's future, I've been mining for more than 6 months and it's very profitable. Thanks all.

[vitocorp]

"Digital cryptocurrency platform Monero has launched “Project Coral Reef,” an initiative aiming to allow millions of music fans to use Monero to purchase music and merchandise at discounted prices this holiday season. Over 35 iconic music artists, ranging from Weezer to G-Eazy, Morrissey to Mariah Carey, are taking part in the Project."

Seen at: https://www.crowdfundinsider.com/2017/12/125480-morrissey-mariah-carey-weezer-b-52s-lumineers-common-monero-cryptocurrency/

[btcone111]

what's happening with Monero makes me optimistic about XMR's future, I've been mining for more than 6 months and it's very profitable. Thanks all.

I do hope you would HODL monero and believe in it.
I think monero would definitely catch up with BTC's rise and would probably show some explosive upward movement like that of DASH two weeks ago!

[NoMar02]

those who believe in monero, what do you think about the onion?   ^^

It's garbage that has nothing more going for it other than shills pushing it, kind of like are doing here. Not to mention the paid sig campain that they are calling an airdrop. It is nothing but one big lie and as long as you scumsuckers get paid to shill it it will continue to drag idiot n00bs into it.

So if it is a big lie how it is possible that I am getting over 1000USD weekly just for the Signature?

Simple. That is obviously a lie also.

it is not a lie.
You get every week an airdrop, Arround 7% of your Holding. All the Holdings are getting for free during the airdrops between week 1 and 18 and now its arround 1000USD weekly before it was arround 600USD weekly.

Better read first before you tell Bullshit.

Edit:

Here you see the weekly Reports,

last time over 410 USers took part on the Airdrop.

https://deeponion.org/report.php?date=2017-11-17

And you see its real

Yes, onion is so much better than Monero. Why don't you fuck off to their thread and tell them that?
Give a man some coins he'll spam for a day, teach a man to fork coins he'll fork them all day long.

Wow it seems I was in right with ONIONS. It is raising fast as hell

https://coinmarketcap.com/currencies/deeponion/

coz it's got layers ! LAYERS I tell you! Warning: peeling back might make you cry...  

$ONIONs are steadily growing and getting more attention..
I value privacy and look for projects with a great potential, hence I am currently keeping my eye on Monero, DeepOnion.

[Anon136]

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?

[uslfd]

those who believe in monero, what do you think about the onion?   ^^

It's garbage that has nothing more going for it other than shills pushing it, kind of like are doing here. Not to mention the paid sig campain that they are calling an airdrop. It is nothing but one big lie and as long as you scumsuckers get paid to shill it it will continue to drag idiot n00bs into it.

So if it is a big lie how it is possible that I am getting over 1000USD weekly just for the Signature?

Simple. That is obviously a lie also.

it is not a lie.
You get every week an airdrop, Arround 7% of your Holding. All the Holdings are getting for free during the airdrops between week 1 and 18 and now its arround 1000USD weekly before it was arround 600USD weekly.

Better read first before you tell Bullshit.

Edit:

Here you see the weekly Reports,

last time over 410 USers took part on the Airdrop.

https://deeponion.org/report.php?date=2017-11-17

And you see its real

Yes, onion is so much better than Monero. Why don't you fuck off to their thread and tell them that?
Give a man some coins he'll spam for a day, teach a man to fork coins he'll fork them all day long.

Wow it seems I was in right with ONIONS. It is raising fast as hell

https://coinmarketcap.com/currencies/deeponion/

coz it's got layers ! LAYERS I tell you! Warning: peeling back might make you cry...  

$ONIONs are steadily growing and getting more attention..
I value privacy and look for projects with a great potential, hence I am currently keeping my eye on Monero, DeepOnion.

Please could we mainly focus on MONERO here?
I agree deeponion may have huge potential but still

[Anon136]

Please could we mainly focus on MONERO here?
I know all of you, the ONIONers have to make XX amount of posts every week to meet your sales target - but please - spare us this tiring sales pitch of your lovely coin - keep it to yourself.

If you are going to bump one of them please at least don't bump a whole wall of text of garbage as well.

[Millionero]

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?

I think I read a Monero update or something that said the devs are investigating that.

[phishead]

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?

I think I read a Monero update or something that said the devs are investigating that.

I’m pretty sure Surae and the MRL gang is on the case. I remember at the NY meetup him basically talking about (I’m paraphrasing here) how he inherently doesn’t trust the algorithm because it was created by the bytecoin devs.

[aminorex]

Fees are becoming onerous again.

[explorer]

You know I think we should talk about the community being open to changes to the cryptographic hashing algorithm. It's not cryptonight specifically that we are wedded to but the opposition to application specific hardware in mining.

How do you guys feel about a hard fork away from cryptonight and into something different if A) a good new hashing algorithm presents its self and B) asics begin to be deployed at scale for mining cryptonight based cryptocurrencies? The advantages are twofold. One, we will be building community consensus around the idea that the hashing algorithm is a flexible thing and so avoid being forced to face the prospect of a bitcoin cash type situation. But also the acknowledgement of this consensus within our community will help to discourage the development of cryptonight hashing ASICS.

Thoughts?

Ready to fork off as required.  I'm here for the Monero Project, not cryptonight.  The Team has done an outstanding job thus far, proving themselves to be the best in the field, attracting more of the same to the snowball.  When they say it's time to upgrade, we upgrade.  I expect there will be minimal fuss (from those not developing ASICs)

[explorer]

Fees are becoming onerous again.

There may be a few uncomfortable months as price rockets, until all the fancy tx size reducing code is thoroughly reviewed.  Then an axe will be taken to the fees with the next hardfork.  I love how fast the team has dug in to test and implement improvements.  Only in Monero.   Would have been nice to precede Coralreef, but I certainly can't complain about speed of development (anymore).  Rock On, Monero!

[Anon136]

Fees are becoming onerous again.

until all the fancy tx size reducing code is thoroughly reviewed.  Then an axe will be taken to the fees with the next hardfork.

Are you speaking of mimblewimble?

Ready to fork off as required.  I'm here for the Monero Project, not cryptonight.  The Team has done an outstanding job thus far, proving themselves to be the best in the field, attracting more of the same to the snowball.  When they say it's time to upgrade, we upgrade.  I expect there will be minimal fuss (from those not developing ASICs)

Good good. This is just the sort of sentiment that will make it worth nobodies time to ever even try to produce cryptonight asics.

I think I read a Monero update or something that said the devs are investigating that.

I’m pretty sure Surae and the MRL gang is on the case. I remember at the NY meetup him basically talking about (I’m paraphrasing here) how he inherently doesn’t trust the algorithm because it was created by the bytecoin devs.

Awesome. Good to know.

[MoneroCrusher]

what timeline are we looking at for changing mining algo?
let me break even first, please...

[explorer]

Fees are becoming onerous again.

until all the fancy tx size reducing code is thoroughly reviewed.  Then an axe will be taken to the fees with the next hardfork.

Are you speaking of mimblewimble?

Bullet Proofs, and other tasty treats. Reducing Tx size by an order of magnitude will confer the same on Tx cost.
 I love how all this stuff is proposed for bitcoin, and the Team says, Oh good, we can use that!  While everyone else sits on their thumbs, or waves their hands.  Or one of each, IDFK.

[explorer]

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.

[MoneroCrusher]

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.

is there any reason to believe that there are already ASICs hashing away cryptonote?
about timeline, is this only an idea right now or is it planned already?

[explorer]

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.

is there any reason to believe that there are already ASICs hashing away cryptonote?
about timeline, is this only an idea right now or is it planned already?

If there are, they are running at a loss.  They are not cheap to develop/produce, so there needs to be a strong case for increased hashing speed/scale to be profitable.  Network rate would show any such increase, and existing miners would be bitching left and right about how it's no longer profitable to mine Monero.  So far, so good.

[MoneroCrusher]

what timeline are we looking at for changing mining algo?
let me break even first, please...

Shouldn't make much difference for the miner or end user.  Upgrade software, and carry on as if you were normal.  Unless ASICs had already made inroads, in which case CPU/GPU miners would get a boost as the hash rate drops instantly.

is there any reason to believe that there are already ASICs hashing away cryptonote?
about timeline, is this only an idea right now or is it planned already?

If there are, they are running at a loss.  They are not cheap to develop/produce, so there needs to be a strong case for increased hashing speed/scale to be profitable.  Network rate would show any such increase, and existing miners would be bitching left and right about how it's no longer profitable to mine Monero.  So far, so good.

maybe it would still be a good idea to change PoW (not affecting GPU and CPU mining) just to scare away people even thinking about developping an ASIC. I'm pretty sure there will be one in developtment, if it isnt already stealthily hashing away..
do you know if there are any specific plans already in dev team to do that?