i saw just recently i think on the monero reddit some dev or other expressing regret at the block reward structure as it was originally implemented, but that we just have to live with it now because what else can be done

which is a logical enough statement

Yeah, the emission curve is something that you define at the beginning and then (ideally) never touch again unless there are absolutely necessary

yeah im not even saying it should be possible to just arbitrarily make it anything any time you want

@selsta did you mean to put #8828 on the merge list or not?

just that how its played out and what it is currently is not ideal

jeffro256[m]: which PR?

some mining pool exceeded 51% recently even

i think that proves the point

how can you say it doesnt?

proves what point?

proves that if there was an ideal mining incentive then that would not have happened so easily

Mining pools reaching 51% has nothing to do with the emission curve

is obviously what im saying

sure it does

Also, our conversation is actively interfering with people trying to work

saying mining pool reaching 51% proves a bad emission curve is nonsense

lol how

yes, it's not a dev discussion

jeffro256[m]: 8828 does not exist

8228?

8228 is too new to get added to the merge list

we wait at least 10 days

<upp> "i think the block reward right..." <- The last thing Monero needs right now is a bigger block reward. Bye.

nahnahnah722828[: thats a fine position to have

thanks for sharing it

i was actually after a technical discussion about it

but either way, thanks for your input

upp: sure we can do that if you want

please?

actually though

bumping up the block reward for monero at this stage when a tail emission is about to begin in may, would be a disaster for monero’s price

this is not acceptable for this channels chat topics

if you continue this conversation we will have to ban you

that or waste a lot of more time discussing why its not appropriate

instead of just talking normally

so please move this discussion to a more reasonable location

for no reason whatsoever

#monero i guess

wasting 98% of the channel's chat lines on discussing why your chat is not appropriate for this channel is 100% fine

so we can continue discussing that indefinitely if you like

i think this chan would be more about actual practical development

you would be wrong.

you know patches and tests and pull requests and branches

wrong again.

but ok

k.

monero will 15-20 x by the end of the year

wow bro

i mean, really

that is so off topic it makes my private parts vibrate

we can talk about that though

sure

as long as its in the context of your original comment not being on topic

upp: go to #monero-pools that place is a shitshow where anything goes

no.

respond to my logical comments.

you can hone your shpiel there is all im sayin

upp: I said yes let’s do it

Do you hold any Monero upp?

i already declared myself a monero maximalist (for lack of better terms) earlier, why do you care what my exact holdings are?

I didn’t ask for your exact holdings, I only asked if you were holding any at all

i am

great

you hold the best money on planet earth

yes

any = exact lol

That’s a good start

#monero:monero.social

i respect calls for social channel context

my original comment was about block rewards with respect to the security of the network

i feel like that is still not a social comment

it is a direct question to the monero/dev community

there's a method to propose changes i believe

got to the github and start reading. you'll have to get the miners on board of course

i was just chatting about monero

is monero chat off topic here?

and that is more of a social thing i imagine

so actually #monero-pools might be the perfect channel

is monero chat off topic here?

Yes

just attempting to help you focus your efforts

if you don't wanna talk to miners then all good

This is a dev chat my friend upp

if you dont wanna learn the proposals procedure fine

They’re not going to change the block reward anyway that’s insanity

Could you imagine if BTC’s block reward was changed

i can imagine it

It would crash 95% the next day

nahnahnah722828[: i know. i only commented on block rewards originally because i saw others discussing it. the chat was not mine originally. if you have a problem with it, discuss it with those who originated the chat. not me.

a lot of things can change in the next 120 yrs

i will post the chat logs, AGAIN, if necessary.

upp: I don’t have a problem with it, but I do have a problem with your suggestion of increasing the block reward, because that’s a terrible idea

rbrunner • By the way, nothing wrong or so, I am just poking around a bit in an effort to learn, caused by a revie

• of jberman's ringsize 16 PR

yea tail emissioin good enough

rbrunner • It's amazing how much "cruft" already accumulated, and the system can still produce those txs with

• denominations, surprising in a way

stop

UkoeHB • the genesis block doesn't have denominations, were denominations really around from the very start?

moneromooo • Yes.

rbrunner • I saw today block rewards of over 34 XMR, at height 20,000, and got jealous: Why I did not stumble over

• Monero earlier, I would probably be rich now :)

UkoeHB • lol there are definitely some monero wales out there...

UkoeHB • whales*

STOP

moneromooo • I would rather have found Bekshire Hathaway at the start.

rbrunner • Or knowing how successful Apple would become ...

moneromooo • Bitcoin might actually be even better than Bershire...

thats a direct quote from this channel before i said anything

if you have a problem with me saying something

you can talk to these people first.

YOU STOP

YOU STOP.

upp: please use a pastebin next time

fair enough

They are actually developers tho and veered "offtopic" for like 2 seconds

yes

that chat is fine

im not arguing it is not.

you lot taking 6 hours to make some kind of deal out of nothing

is what is off topic

that is my argument.

off.

topic.

YOU

#monero:monero.social

off topic.

i was talking about the security of the network

that might be off topic here i dont know

but what are you lot talking about right now?

its way more off topic than that.

everything is offtopic, other than your rambling

chill out upp

increasing the block reward is a terrible idea

if anything, it needs to be decreased even more

why

increasing arbitrarily right now might not be right

it just seems to me that the trajectory was wrong

is my main observation

you can spend 12 hours causing a cosmic comotion that my comment is inflammatory

or you can just god damn fucking talk like a normal person and respond to the obvious logic of what im saying

upp: I did

How is increasing the block reward of any relevance to better security or better for the network? If the price of Monero goes up, that will theoretically lead to more miners regardless of touching the block rewards

If XMR was $1k, people would be more incentivized to mine on shittier hardware

its like i said earlier, i was just quoting some primary monero dev on reddit who said that the block reward trajectory was wrong from the beginning, and its unfortunate

entry1[m]: More miners? who wants to mine against free bots

i basically wasnt saying anything other than that

so if you think im some kind of asshole

then you think your lead dev is an asshole

🛑 /ignore upp 🛑 🙅

ignore is always good when you cant defend your position

everyone else is good with that?

🙉

thats probably what the crypto community is about

rallying around your 3rd grade personality favorites

instead of logic

Hello! In cryptonote config header file, does

`HF_VERSION_ENFORCE_RCT 6`

mean that RingCT was enforced after the v6 hardfork?

Yes.

Well, modulo exceptions.

After the fork to v6, v1 txes (ie, creating rct outputs) can still be made if it has at least one unmixable input and no more than one mixabe input. Otherwise, they are forbidden.

I don't understand why Monero keeps increasing ring size - doesn't it hide the receiver with stealth addresses and the amount with RingCT? Wouldn't something like ring size of 8 be good enough to offer very good privacy?

xxfedexx: The stealth address hides the receiver. The ring hides the sender. Two separate functions.

I know, but if the stealth address hides the receiver, and ringct hides the amount, then basically even without ring signatures Monero would still offer decent privacy

Why increasing ring sizes a lot? Doesn't it make the blockchain a lot bigger?

privacy is state of technology, cat and mouse game

xxfedexx: My suspicion is that if there were no rings, you could link all of the inputs together for any transaction with multiple inputs.

Thus eroding some privacy. It would be public record that those stealth addresses came from the same user.

Oh, I get it

luigi1111: do you have time for merges in the next days?

moneromooo: is it maybe that denominations were used but not enforced until after the first hard fork?

I do not remember whether they were enforced.

(above the dust threshold)

Yes

THE FUR

Damn sorry m

The first hard fork enforced ring size 3, so before that could you make a 1 member ring with arbitrary amount?

You could have 1-rings, yes. Lots of them in the early chain.