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Halver[m]
<anarkiocrypto[m]> "Haveno will be a desktop..." <- anarkiocrypto: could you please suggest some good docs about Whonix ? Thanks.
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anarkiocrypto[m]
The Whonix wiki has everything you need, e.g.
whonix.org/wiki/KVM You could also ask any questions here:
matrix.to/#/#anonymity:matrix.org
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Torr
Have you ever heard of the "Trusted" Plataform Module (TPM)?
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string111[m]
Is there a lightning network for XMR, or does it not need one. And then why is that so?
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BusyBoredom[m]
So far it doesn't need one because the block size is dynamic. It can change automatically to accommodate higher throughput when needed.
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BusyBoredom[m]
That said, nobody really knows how far this can scale practically speaking so some people have been looking into second layer solutions in case that becomes necessary.
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Rucknium[m]1
string111: BTC needs a Lightning Network due to a deliberate decision to continue limiting the block size to 1MB. They could lift that limit at any time -- it[s just a number in the code -- and dramatically reduce the need for the Lightning Network. Lifting the limit is not without consequences, however.
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bridgerton[m]
<ian.niculescu> The issue with a dynamic blocksize is the blockchain becoming so big that fewer people are able to run nodes. These nodes become too powerful. the network loses in decentralisation.
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Rucknium[m]1
I'd agree with everything you said except "These nodes become too powerful." Running a node doesn't give you power over anyone.
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bridgerton[m]
<ian.niculescu> interesting, so what would be the issue to have only one node running ?
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nakhy[m]
How was the effect of btc crash on xmr?
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nakhy[m]
I had a hypothesis that any coin crash won't have much impact on xmr as it is being boycotted by exchanges and people are not enthusiastic about it.
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nakhy[m]
It only had organic growth
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Rucknium[m]1
ian.niculescu: Many people prefer to have their own hardware verify the blockchain, and therefore would prefer to run their own node.
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bridgerton[m]
<ian.niculescu> yes I agree
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bridgerton[m]
<ian.niculescu> If btc goes down everything goes down, I can't explain it
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bridgerton[m]
<ian.niculescu> at what point do you think the blockchain becoming huge poses a problem to monero ?
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Rucknium[m]1
ian.niculescu: Monero Research Lab is sort of grappling with these questions now. We have performance tests for Seraphis, which is expected to be the next generation of cryptography for Monero transactions.
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nioc
I can explain it
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nioc
if the stock market goes down then btc goes down
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Rucknium[m]1
Basically, the tests tell us how long it takes for a computer to verify transactions, which is part of what slows down the syncing of Monero's chain:
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Rucknium[m]1
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Rucknium[m]1
And then mj-xmr is working to get a sense of some forecasting for different transaction types. Then we multiply the two together, and divide by low-end hardware performance, sort of.
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string111[m]
<Rucknium[m]1> "string111: BTC needs a Lightning..." <- Alright thank you! But would there be a way to have something like a lightning channel set up between two parties (so they both put a sort of prepaid-cash in the tunnel and both can sign a "contract" and money is transfered within the channel), to reduce transaction fee costs?
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string111[m]
I know that smart contracts are not a thing in XMR, but for this, signatures should suffice, not?
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Rucknium[m]1
string111: These are claimed to work for Monero:
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Rucknium[m]1
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Rucknium[m]1
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string111[m]
Thanks a lot!
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bridgerton[m]
<ian.niculescu> I like the idea of a LN on monero very much, even more so if it is conneccted to btc LN and you can swap assets offchain. Also you would be able to open a channel with someone that is not connected to the worldwide network and you would have more than plausible deniability. totally invisible offchain transactions
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sgp_
#monero-space:monero.social meeting in 30 mins
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localmonero05