<milas900:matrix.org> Is midnight cordano privacy share any technology with monero ?. I know the answer is no but just curious why two coins call them privacy

<milas900:matrix.org> 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 ..

<milas900:matrix.org> 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

<ravfx:xmr.mx> 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

<milas900:matrix.org> @ravfx:xmr.mx: No for buying from bazaar u get monero back or should be real product. Need another layer like oracle

<milas900:matrix.org> 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

<milas900:matrix.org> @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)

<ravfx:xmr.mx> but how the network would detect if you buy real stuff

<ravfx:xmr.mx> monero is made to by private

<milas900:matrix.org> @ravfx:xmr.mx: You would need to build layer 2 of course, use zero proof and use oracles .

<ravfx:xmr.mx> Then you need people who fund the layer 2 "reward".

<ravfx:xmr.mx> Also in that case, such a layer 2 would decrease privacy

<ravfx:xmr.mx> There is something easier

<ravfx:xmr.mx> buy on my store, 10% discount if you pay in XMR...

<ravfx:xmr.mx> no need to involve the network

<milas900:matrix.org> @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

<milas900:matrix.org> @ravfx:xmr.mx: I was imagining how master card gives cash back for everyone for example

<milas900:matrix.org> @ravfx:xmr.mx: Credit card transactions are also private

<ravfx:xmr.mx> The probleme is the inflation caused by the scheme

<ravfx:xmr.mx> if you want to move the xmr production from mining to using, then there will be less people interrested in mining

<ravfx:xmr.mx> except if your sheme fund it all too

<ravfx:xmr.mx> so someone else pay for it

<milas900:matrix.org> @ravfx:xmr.mx: I didn’t say move . I said part of block reward goes for actual users also.

<ravfx:xmr.mx> So less people mine

<ravfx:xmr.mx> less people actually securise the network

<milas900:matrix.org> @ravfx:xmr.mx: More users coin price should go up so all stays the same

<ravfx:xmr.mx> users don't securise the network, miners doo

<ravfx:xmr.mx> mining have a real cost for most people

<milas900:matrix.org> @ravfx:xmr.mx: Depends if real users run nodes but yes ur right

<ravfx:xmr.mx> spending don't a a cost, you get something in exchange for the (hopefully) same value

<yokoama:matrix.org> mastercard doesnt give cashback, its the banks > <@milas900:matrix.org> I was imagining how master card gives cash back for everyone for example

<ravfx:xmr.mx> nodes don't securise the network

<ravfx:xmr.mx> mining do

<ravfx:xmr.mx> more nodes is better

<ravfx:xmr.mx> but if there is no miners, then it's a dead coin

<yokoama:matrix.org> nodes are part of network security > <@ravfx:xmr.mx> nodes don't securise the network

<ravfx:xmr.mx> even if it have thousands nodes

<yokoama:matrix.org> @ravfx:xmr.mx: without honest nodes, your network doesnt work

<ravfx:xmr.mx> Yeah, but without miners, the network also does not work

<yokoama:matrix.org> @ravfx:xmr.mx: so both secure

<ravfx:xmr.mx> everyone can create a node for almost free

<ravfx:xmr.mx> mining have a real cost attached to it

<yokoama:matrix.org> you can get rid of miners with pos

<yokoama:matrix.org> @ravfx:xmr.mx: holding a coin costs opportunity costs

<ravfx:xmr.mx> @yokoama:matrix.org: Then the "security" is controlled by the people with the biggest bags.

<ravfx:xmr.mx> And the network get incredibly centralized

<yokoama:matrix.org> @ravfx:xmr.mx: and they are not going to harm the network

<yokoama:matrix.org> @ravfx:xmr.mx: is eth centralised ?

<ravfx:xmr.mx> Of course, black rock would just buy 50% tomorrow

<ravfx:xmr.mx> @yokoama:matrix.org: mostly

<ravfx:xmr.mx> it used to be way more decentralized

<yokoama:matrix.org> @ravfx:xmr.mx: try buying 50% of xmr

Sorry, what? > <milas900:matrix.org> @ravfx:xmr.mx: Credit card transactions are also private

<ravfx:xmr.mx> @yokoama:matrix.org: can probably do that during dumps... it might dump less

<yokoama:matrix.org> @ravfx:xmr.mx: wasnt, it was a couple of centralised pools mining it

<ravfx:xmr.mx> jpk68: credit cards transactions are more private than most crypto out there yes

<yokoama:matrix.org> @ravfx:xmr.mx: please try

What's stopping me from creating my own spy nodes, just to take them down and get free rewards?

<yokoama:matrix.org> jpk68: lol

<ravfx:xmr.mx> 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

<ravfx:xmr.mx> mastercard can afford to give freebies to get more using buying shit with money they don't have

<elongated:matrix.org> This is “research” lounge

<milas900:matrix.org> Any research I can read about spy nodes. What’s their behavior and how to find them

<milas900:matrix.org> Thanks all for replies before

There are also some good MoneroKon talks about this

Sorry, I sent the wrong link

Can't find it :(

rucknium a little shilling worked :)