00:56:10 Is midnight cordano privacy share any technology with monero ?. I know the answer is no but just curious why two coins call them privacy 01:11:59 How volunteers with little technicality can check spy nodes . I am thinking/imagining layer 2 with reward based where you need to stake and catch spy nodes .. 01:16:34 One more genius idea. If you use monero for daily transactions you should obtain cash back. Can we make monero provide monero back if u use it ? How to achieve that 01:21:28 So you want to move the reward from the people who keep the thing alive to the people that use the thing. If so who will keep the thing alive if all you need to make more money is to send money to yourself in loop 01:24:09 @ravfx:xmr.mx: No for buying from bazaar u get monero back or should be real product. Need another layer like oracle 01:25:15 And also garbage collector for finding spy nodes .. in every eco system there is creatures who find garbage and get rid of. Why no such thing in monero eco system 01:27:56 @milas900:matrix.org: Maybe like a system for every one who finds a block not the miner get the reward but also some monero goes to real users of transactions who transact for real (but should be buying stuff) 01:28:46 but how the network would detect if you buy real stuff 01:28:52 monero is made to by private 01:29:22 @ravfx:xmr.mx: You would need to build layer 2 of course, use zero proof and use oracles . 01:29:53 Then you need people who fund the layer 2 "reward". 01:29:53 Also in that case, such a layer 2 would decrease privacy 01:30:27 There is something easier 01:30:27 buy on my store, 10% discount if you pay in XMR... 01:30:27 no need to involve the network 01:30:43 @ravfx:xmr.mx: I’m not expert but zero proof is like I am using the monero but I’m not disclosing with who I transact 01:31:07 @ravfx:xmr.mx: I was imagining how master card gives cash back for everyone for example 01:31:53 @ravfx:xmr.mx: Credit card transactions are also private 01:31:58 The probleme is the inflation caused by the scheme 01:31:58 if you want to move the xmr production from mining to using, then there will be less people interrested in mining 01:32:07 except if your sheme fund it all too 01:32:15 so someone else pay for it 01:32:51 @ravfx:xmr.mx: I didn’t say move . I said part of block reward goes for actual users also. 01:33:02 So less people mine 01:33:15 less people actually securise the network 01:33:25 @ravfx:xmr.mx: More users coin price should go up so all stays the same 01:33:33 users don't securise the network, miners doo 01:33:41 mining have a real cost for most people 01:33:49 @ravfx:xmr.mx: Depends if real users run nodes but yes ur right 01:33:59 spending don't a a cost, you get something in exchange for the (hopefully) same value 01:34:06 mastercard doesnt give cashback, its the banks > <@milas900:matrix.org> I was imagining how master card gives cash back for everyone for example 01:34:22 nodes don't securise the network 01:34:24 mining do 01:34:34 more nodes is better 01:34:43 but if there is no miners, then it's a dead coin 01:34:47 nodes are part of network security > <@ravfx:xmr.mx> nodes don't securise the network 01:34:49 even if it have thousands nodes 01:35:15 @ravfx:xmr.mx: without honest nodes, your network doesnt work 01:35:42 Yeah, but without miners, the network also does not work 01:35:45 @ravfx:xmr.mx: so both secure 01:35:47 everyone can create a node for almost free 01:35:54 mining have a real cost attached to it 01:35:55 you can get rid of miners with pos 01:36:15 @ravfx:xmr.mx: holding a coin costs opportunity costs 01:36:38 @yokoama:matrix.org: Then the "security" is controlled by the people with the biggest bags. 01:36:44 And the network get incredibly centralized 01:36:51 @ravfx:xmr.mx: and they are not going to harm the network 01:37:05 @ravfx:xmr.mx: is eth centralised ? 01:37:12 Of course, black rock would just buy 50% tomorrow 01:37:15 @yokoama:matrix.org: mostly 01:37:28 it used to be way more decentralized 01:37:30 @ravfx:xmr.mx: try buying 50% of xmr 01:37:54 Sorry, what? > @ravfx:xmr.mx: Credit card transactions are also private 01:38:07 @yokoama:matrix.org: can probably do that during dumps... it might dump less 01:38:08 @ravfx:xmr.mx: wasnt, it was a couple of centralised pools mining it 01:38:20 jpk68: credit cards transactions are more private than most crypto out there yes 01:38:23 @ravfx:xmr.mx: please try 01:38:56 What's stopping me from creating my own spy nodes, just to take them down and get free rewards? 01:39:09 jpk68: lol 01:39:49 and btw, that whole credit card scam system for reward, don't forget all merchands have to pay quite a big "fee" to process them 01:40:12 mastercard can afford to give freebies to get more using buying shit with money they don't have 01:42:08 This is “research” lounge 01:49:45 Any research I can read about spy nodes. What’s their behavior and how to find them 01:49:56 Thanks all for replies before 01:51:11 https://moneroresearch.info/index.php?action=resource_RESOURCEVIEW_CORE&id=293 01:51:24 There are also some good MoneroKon talks about this 01:51:45 Sorry, I sent the wrong link 01:52:51 Can't find it :( 03:38:39 rucknium a little shilling worked :)