01:42:43 <gingeropolous> crazy idea, dunno really where to post it. but basically create an incentive game to optimize wallet scanning and general speedups
01:43:33 <gingeropolous> so, the gist is you publish a mnemonic phrase, so all participants know the wallet
01:44:08 <gingeropolous> then, as the gamemaster, you connect to a random remote node that has met some criteria (somehow you can tell its a well run remote node)
01:44:38 <gingeropolous> also, the node IP also publishes their optimizations on their http port for the remote node
01:44:52 <gingeropolous> that part could get weird.
01:45:05 <ocb> optimize wallet scanning?
01:45:07 <gingeropolous> but yeah. the gamemaster scans for these remote node participants
01:45:22 <gingeropolous> and then broadcasts a transaction by connecting directly to one
01:45:34 <gingeropolous> so that node has to have the wallet up and be able to scan it before broadcasting it
01:45:46 <gingeropolous> somehow gotta find a way to make sure they are broadcasting all txs they receive
01:46:44 <gingeropolous> hrm, this idea might be more swiss cheese than my original thoughts had about it
01:50:18 <gingeropolous> i guess you could runa  lot of nodes, and record that nodes behavior compared to any other random node
01:52:20 <Mochi101> Where do bob and jane come into the picture though gingeropolous ?
09:16:15 <cornfeedhobo> gingeropolous: funny, your last thought here is exactly what bitpay said they do to protect against double spends. i forget the figure, but they deployed a lot of relay nodes only for the purpose of heuristics
09:20:42 <iaccept> reddit is really slow going, would you be kind enough to upvote my topic? https://www.reddit.com/r/Monero/comments/qvv8ju/roast_my_monero_project/
10:04:26 <chomwitt> how should we interpret that a coin has PHs but one tenth market cap of a GHs coin?(like monero)
10:12:10 <merope> The speeds of different mining algorithms are not comparable
10:12:29 <merope> Apples and oranges and all that 
10:17:45 <Inge> chomwitt: look at power expenditure, decentralization, possibility of other hardware attacking the chain ...
10:32:37 <chomwitt> but the money value of the hardware that sustain a PH network would be at least 100 more than the value of the hardware that sustains a  GH network
10:33:14 <chomwitt> https://miningpoolstats.stream/
10:35:02 <Inge> you can't ignore the watt-per-hash cost of running it ....
10:38:47 <chomwitt> xmm .. if i filter only SHA256 networks my variables seems indeed to relate 
10:39:10 <chomwitt> i mean hash rate and market cap
10:39:57 <Inge> right, you can hardly compare e.g. bitcoin hashes with Monero hashes 
10:44:23 <merope> <chomwitt> "but the money value of the..." <- Nope. The same hardware running two different mining algorithms would yield two diffwrent mining speeds
10:45:02 <chomwitt> you're right
10:45:21 <merope> <chomwitt> "xmm .. if i filter only SHA256..." <- What you are (indirectly) seeing is a profitability comparison of coins with the same mining algorithm
10:46:07 <merope> (Profitability depends on hardware efficiency for that algo, electricity price, coin emission, and coin price)
10:47:02 <chomwitt> isnt there (in SHA256) a corelation between network hashrate and market cap?
10:47:07 * chomwitt brb
10:54:15 <merope> Greater mcap comes from greater price, which brings greater mining  profitability 
10:55:26 <merope> (Though you also have the number of coins in circulation affecting mcap, so it's more of a correlation than an exact proportionality - unlike coin price, which directly affects profits)
10:55:32 <Inge> Umbrellas cause rain
10:58:20 <chomwitt> i dont say cause-relation. just relation. 
10:59:55 <chomwitt> in SHA256 land it would be abnormal to see a coin with one order of magnitude bigger cap to have an order of magnitude lower hashrate
11:01:28 <Inge> that is likely true for most coins
11:01:37 <chomwitt> namecoin seems abnormal thougth
11:02:35 <chomwitt> and emercoin
11:04:21 <chomwitt> arent you curious? in SHA256-land how your networks has hashrate bigger than bitcoin ! but x1000000 lower market value?
11:04:52 <chomwitt> i refer to emercoin
11:07:51 <Inge> there is no way that hashrate has comparable energy epxenditure as bitcoin
11:45:01 <merope> <chomwitt> "and emercoin" <- That's a merge-mined coin though
11:45:24 <merope> So their total network hashrate is not really "entirely theirs"
11:46:31 <merope> Merge-mining is a bit more complicated to handle
11:47:56 <merope> If you look at https://miningpoolstats.stream/emercoin you'll see that they only "really" have ~22EH/s
11:53:42 <chomwitt> i see , it not a solid SHA256 pow. it has mainly PoS
13:05:34 <gingeropolous> its how much watt per h/s chomwitt . we could make a PoW thats 2+2, and make specialized hardware thats expensive. The hashrate would be 9000 kerblillion hashes per second, which is like 10000x a petahash. but 2+2 is easy
16:20:36 <q1> hi
16:21:06 <q1> hows it going
16:27:23 <q1> anyone use the fone for mining?
16:49:59 <q1> hiii
17:12:17 <apotheon> q1: hi
17:13:14 <q1> anyone mining from phone?
17:13:41 <apotheon> not I
17:13:44 <apotheon> Someone is.
17:15:13 <q1> I'm trying....
17:15:19 <q1> like tryhard
17:16:04 <Epsilon> Can't imagine a phone would be profitable.
17:16:11 <apotheon> Are you expecting to make a profit, or just contribute hashrate to the network, or what?
17:16:25 <apotheon> Epsilon: It's not with any phone I know.
17:17:12 <apotheon> Well, *maybe* just for *you*, if you do it with stolen or thrown-away phones and plug them into the power outlets at coffee shops, or something like that.
17:22:05 <q1> just contribute
17:22:30 <q1> it's an 8core at 3GHz
17:22:40 <q1> 6GB RAM
17:22:53 <q1> more than this machine lol
17:23:42 <Epsilon> That phone is probably faster than my laptop...
17:26:22 <q1> but I can't install unbound libs on termux 
17:26:50 <q1> so...hmmm :/
17:26:57 <q1> tryhard
17:27:34 <apotheon> q1: Good luck.
17:27:43 <apotheon> I hope that's not bad for the phone's CPU.
17:27:45 <q1> thx
17:27:53 <apotheon> quite welcome
17:28:09 <q1> <3
17:29:25 <apotheon> I like contributions to network security.
17:30:22 <apotheon> I'm not saying I mine Monero, but if I did I'd aim for at least some miner level of profitability.
17:30:29 <apotheon> s/miner level/minor level/
17:30:30 <apotheon> oops
17:32:36 <q1> you can do it with any old machine or raspberry pi
17:41:40 <q1> also github is slow as hell today
17:44:14 <apotheon> Some CPUs are just not quite as okay with being run at 100% for extended periods of time.
17:45:00 <q1> O_o
17:45:02 <q1> how is it
17:45:29 <apotheon> I'm not sure what you're asking/saying.
17:46:11 <q1> I mean, why not?
17:48:08 <apotheon> poor heat management, at a guess
17:49:31 <Epsilon> Damn Kraken no-longer supports Monero :(
17:54:10 <apotheon> Oh, is it official now?
17:54:30 <apotheon> I heard there was some kind of freeze on some Monero activity there, but wasn't sure whether that was standard policy now.
17:55:03 <apotheon> I'd rather use a less KYC/AML-friendly way to buy Monero, anyway, if I hypothetically wanted to buy some.
17:55:42 <apotheon> e.g. buy BCH and use that to buy Monero, if that was an option
17:56:20 <rbrunner> Epsilon: How do you know that?
17:56:49 <Epsilon> rbrunner: reddit.com/r/monero :P
17:57:50 <apotheon> Oh, in the UK.
18:00:05 <rbrunner> Wonderful Brexit working wonders again? Damn do they have it better now than the poor people they left behind in the EU :)
18:02:53 <q1> ok guys
18:03:02 <q1> if you have some old fones over there
18:03:35 <q1> you can adb sideload xmrig after compiling
19:02:54 <ndorf> you guys gave me quite the scare. my US kraken accounts still support monero, though
19:03:23 <ndorf> including the USD pair
19:14:20 <chomwitt> gingeropolous, thanks for the insight on watt per h/s .
19:22:18 <q1>  It should be noted that XMRig is not only used for malicious purposes, since it is used legitimately by a large community of miners whose sole objective is to obtain an economic profit.
19:26:44 <apotheon> q1: Umm . . . what?
19:26:49 <apotheon> What are the malicious purposes?
19:27:02 <apotheon> I don't know of any use of XMRig for malicious purposes.
19:27:16 <q1> gov is tryin to ban
19:27:22 <q1> xmrig AND monero
19:27:26 <apotheon> okay
19:27:30 <ndorf> apotheon: running it on someone else's hardware without their permission would be the obvious one
19:27:38 <q1> there are plenty of fake news
19:27:44 <q1> didnt u c them?
19:27:47 <apotheon> Oh.  Is that even practical with XMRig?
19:27:57 <q1> apparently
19:28:05 <ndorf> sure, why not?
19:28:18 <q1> they say some criminals use it for malicious purposes
19:28:19 <ndorf> pop a box and run xmrig on it...
19:28:22 <apotheon> q1: I don't follow the news much.  It seems there are two types of news in the mainstream news sources: fake and pointless.
19:28:26 <q1> i mean, wtf
19:28:28 <ndorf> lol
19:28:48 <apotheon> I know they claim Monero (XMR) is used for malicious purposes.
19:28:54 <q1> they don't say WHICH ones
19:28:58 <apotheon> hmm
19:29:09 <q1> ofc, money laundry
19:29:12 <apotheon> maliciously . . . helping secure a network against scams and hostile takeovers
19:29:33 <apotheon> The problem is that money laundering isn't necessarily malicious.
19:29:37 <q1> and gov fees
19:29:56 <q1> / tracking
19:30:05 <apotheon> I need a nap.
19:30:22 <q1> +