00:25:14 keeping tx extra does not mean keeping them in it's current form / size 00:25:19 also the discussion is about the seraphis implementation 00:25:53 nioc: Cap it asap 00:26:02 nioc: Its not really though 00:26:06 some people misrepresenting when they know better 00:26:18 ofrnxmr[m]: what is not? 00:26:29 Koe just said that.... out of nowhere. Its about now, pre Seraphis 00:26:38 ok thx 00:26:54 haven't caught up on that channel today 00:27:20 yes it should be pre seraphis 00:27:36 Its not about what we do 2+n years out.... ive said plenty of times, remove asap, add back with Seraphis after research 00:27:42 I vote mooo 00:28:01 :D 00:28:37 B is called b for s reason 00:29:07 Its a compromise 00:29:48 I have already given my proxy :) 00:30:01 I reckon people will try to bloat it 00:31:56 now that I know MRL had that discussion today I won't look at it until another day lolol 00:34:53 if we dont know the dietary requirements of speakers attending monerokon we should focus on sorting that out first before txextra 01:01:58 Live working group meeting at monerokon 03:16:06 "An interesting thought for..." <- I disagree with this whole "BTC miner's support BTC price argument." We have already observed the mining hashrate and advances in mining hardware are incentivized by price, not vice-versa. 03:18:31 There's a paper (also on moneroresearch) that shows that hashrate follows price/mining incentice and not the other way around. Specifically on btc 03:20:17 > <@ofrnxmr:monero.social> I really dont see it. 03:20:17 > 03:20:17 > I dont see any path where btc survives without absolute ridiculous inflation and brainwashing 03:20:17 Good points. If there is another large round increasing the fiat money supply's of the world which causes BTC price pumps to outpace increases in electricity then perhaps they can continue to cheat death. Also if miraculously only small amounts of BTC end up listed on exchanges then perhaps demand could outpace supply if very few people are willing to sell even if the price pumps hard 03:21:37 merope: I agree with this take. I think people who argue the contrary are using circular logic that doesn't pan out when you regress through BTC's history. 03:23:43 "Bitcoin is dead and has been..." <- why this date specifically? 03:25:36 2012 = privacy and encryption normalized for mainstream via Apple public fights with government after snowden leaks 03:36:32 ok, but at the time btc was still widely used on silk road. strange to call it dead when it was being used in a market, specifically a pseudonymous online drug market 03:38:40 > <@spackle_xmr:matrix.org> Solely focusing on mining, it is fun to imagine the possibilities. The future of PoW could extend past strict economics if there are social incentives. Perhaps the prestige of mining a recent block might drive people's efforts. 03:38:40 > All speculative, of course. For now the brutal and simple rules of hash effort hold everything in place. 03:38:40 I doubt mining will become a form of entertainment or play or social validation in the future, or even if these psychic revenues occur to some miners I doubt their affects will be meaningful when compared to the financial incentives of mining 03:40:24 Right. I didn't say these things were destined to happen, or even likely to happen. 03:40:24 Just that they are interesting to consider. Which I think they are. 03:42:45 "Mining at a loss means that..." <- You're better off not mining at all if the coin price stays low. However if you are mining at a loss and continue to do so as a means of speculating on the price of the underlying currency going up, and it does go up, then you achieve a profit. It is sustainable in accordance to the amount of money in the individuals possession that they can throw at an unprofitable venture. 03:45:56 "FWIW it's common to burn some of..." <- One CPU added to p2pool is a trivial addition to total network security, but it is nonzero. By adding a personal CPU to p2pool you aren't really meaningfully increasing the security of one's bags 03:48:32 "You're better off not mining..." <- Indeed. Technically, in that scenario you are considering the "projected" profitability (ie when you sell coins at the future price) vs. the risk of "bankruptcy" if the price doesn't rise soon enough 03:49:35 "or you know, you can have a tail..." <- This is true and has been true for all currencies of the past. I think it's overhyped. Bitcoin maxi's won't hit negligible inflation for at least another 2 to 3 halvings anyway. If not having inflation leads to the break down of a p2p digital cash network, then scarcity and sanctity of prices through time was all for naught 03:53:13 what good is it to have no inflation of a currency which performs poorly as a medium of exchange compared to another currency? I mean look at the dollar and gold for example. Gold is more scarce than dollars, but it doesn't matter because gold is dead as a general medium of exchange. Gold becomes useful when it's price begins to go exponential during a large expansion in the money supply. This is hypothetical and has yet to happen 03:53:14 since Nixon closed the gold window. And even then it wasn't enough to cause a total adandonment of the dollar. We still use the dollar in exchange nowadays 05:03:20 My vote, for what it's worth, is to eliminate txextra so that it cannot continue to be exploited. 07:54:25 "This is true and has been true..." <- You misunderstood me: The bitcoin network will eventually paid by transactions only, so if you hodl and rarely transact you barely co tribute to the network. Worse, large players who can move large amounts at ones pay disappropiate little. 07:54:25 If the use case and value lies in hodling, as some maxis claim, don't you think this should be the feature the network is charging you for? Otherwise you'd be nothing but a freeloader 07:56:27 slight inflation, and especially our linear inflation, is good, precisely because it puts a cost on hodlers. 07:59:03 Im assuming bitcoin is working as intended right now 07:59:32 The last I heard Peter Todd and them talking, they had pivot from "STOP CHEATING AND LYING TO THE CODE" to "I tried to mind some ordinals. Its not a big deal" 08:01:03 >>> so... its just accepted now? That blocks will perpetually be full far more arb data than transactions? 08:01:03 So btc has been hijacked into a settlement layer for jpegs? 08:01:52 * ofrnxmr[m] uploaded an image: (52KiB) < https://libera.ems.host/_matrix/media/v3/download/monero.social/inXSjmOIyZbsEwksmKZRtSCI/2ln1noi9g01ejn88.jpg > 08:03:29 * ofrnxmr[m] uploaded an image: (65KiB) < https://libera.ems.host/_matrix/media/v3/download/monero.social/yZExNifVjvsQnWRUIXazeDsU/fwp1m1y8ljexynca.jpg > 08:03:47 Bitcoin blocks be like: 08:04:55 https://mempool.space/mempool-block/2 08:06:40 bitcoin was intended to evolve. Nowbody builds a proof of concept and the declares this first attempt as perfect 08:06:47 ofrnxmr[m]: This screenshot is > a Month old 08:07:14 ceetee[m]: problem is, only the people who didnt get the memo are left over 08:07:27 BLASPHEMY. BITCOIN IS PERFECT, SHITCOINER 08:08:29 Now.. lets fix this with more fragmentation. 08:08:29 "Some nodes can have mempools larger than 300mb.. so those tx arent alllllll getting purged, just centralized on custom nodes" ha 08:08:31 satoshi should come back and drop a single signed message 08:08:56 To say "lol, not what I meant" 08:10:08 Craig Wright left? I know he blocked me, but isnt he the genius behind Bitcoin 😂 09:19:03 Faktoshi 10:47:06 48p2xRKZPTf2zzXrhN2pZT1vZ132g9L76KPmoNEtxPJYgZkiUTyAsrxSKCDgH4aYnLcV4QRVQnLvn5GFSfqUZHgjLaSTPea 10:47:06 Send 1 XMR 10:49:50 That is a mainnet address, you're mixing up testnet with mainnet. Try again. You need to start your wallet with --testnet. 10:50:04 Or you can just mine, difficulty's very low on testnet. 10:50:26 Testnet addresses start with 9 or A, not 4. 10:52:58 moneromooo: I'm Joke boys 🍍 10:58:24 Such a funny joke 11:04:52 * DanIsnotthemanBr uploaded an image: (69KiB) < https://libera.ems.host/_matrix/media/v3/download/matrix.org/oSWtnxwNMqIQxjFVTaEqflbp/ima_d210a76.jpeg > 12:52:02 node synced after 3 days 🦾 13:26:29 Mordinals need to go on Wownero 14:17:16 Whats wownero? 14:20:43 its like monero but spelled wownero 14:21:44 https://wownero.org/ 14:24:00 1kb fixed size tx extra, 184m emission, slower emission curve, more rings (WOW!), and Blockchain about 5gb larges 14:26:28 RandomWOW vs randomx, pink vs orange, and it has a very interesting whitepaper 14:41:10 THE WHITEPAPER! 14:51:39 Seth for Privacy agora vai focar no Bitcoin. 14:51:39 https://sethforprivacy.com/posts/why-i-focus-on-bitcoin/ 14:52:03 * 14:52:03 https://sethforprivacy.com/posts/why-i-focus-on-bitcoin/ 14:52:21 Traitor 14:54:00 i like that image 14:54:07 Lmao anyone have a TL:DR of his post lol 14:54:41 tldr = i hate monero and bitcoin is the best /s 14:55:08 Tldr: Monero cult fuckers, dont @ me /s 14:57:12 * ofrnxmr[m] uploaded an image: (75KiB) < https://libera.ems.host/_matrix/media/v3/download/monero.social/bFsIyFxGobHlJYMGrlnUswEw/68b23c0fq244kn6j.jpg > 14:57:13 Tldr ^ 14:58:39 That works hahaha 14:59:36 Make monero great again! Don’t jump the ship hahaha we need to keep using and developing it 15:00:46 Seth is dead to me /s 15:01:16 Imajin trying to use BTC as a payment system when the block are simply too small they they won't fix it 15:01:20 Ill accept him back if he outs an M tattoo on his forehead. Like Majin Seth 15:01:39 literally who 15:02:51 oh 15:02:53 ohnononon 15:02:54 monerobro 15:02:55 monerobros 15:04:08 we got too cocky 😭 15:04:28 "68b23c0fq244kn6j.jpg" <- Actually, many if not most people enters cryptocurrency through Dogecoin and similar memecoins 15:04:29 I miss Seth already 🥲 15:04:34 I dont miss him. The guy is living rent free in my broken heart 😡😡 15:04:38 MethForPiracy 15:05:09 It’s like he is here but isn’t 15:06:25 How many of him do you see? 24 or 25? 15:06:43 that post is heavily conflicting with the "Bitcoin's Fungibility Graveyard" from 2 years ago 15:07:06 so he got a job at a bitcoin company? 15:07:21 does it mean he will stop shilling monero now 😭 15:08:15 He is everywhere and no where ofrnxmr 15:08:30 A ghost of monero 15:08:37 Maybe seth was forced to say this maybe some mans in black forced him to say that kind of stuff 15:09:43 Seemed proud about it on monero talk, money talks 😈👹 15:10:09 Seth 1. Should have written "yall can lick deez hairy nuts" 15:10:09 He just follow the money 15:10:09 For most time last year, XMR was rising again BTC. 15:10:09 Not this year (at least for now) 15:10:09 At the end he is for the money and not the tech 15:10:18 Then 15:10:18 2 kept doing whatever he desires 15:10:26 ceruleous, my understanding is that he found a possibly well-paid job at a Bitcoin company and so he cannot focus on Monero anymore, as XMR renders the Bitcoin privacy tools he works for completely useless 15:10:33 Not agreeing with the last sentence here 15:10:40 Trojanvolta[m]: That's a good point, it was kind of a public crypto person, meaning they know where is live and how he look like 15:10:44 Seth hasnt been bought out. 15:10:53 And there's no conspiracy 15:11:26 ofrnxmr[m]: I did not say that 15:11:26 maybe more like he damped xmr when it peeked and how he is full into BTC. So gonna try to pump that bag instead 15:11:26 .... if anybody was going to smell smoke, it would be me. 15:11:26 Seth is being a 1 man army 15:11:36 For the better of everybody, and everybody wants to attack him. 15:11:37 Lol I was trolling, I wasn’t serious lmao 15:11:39 s/how/now/ 15:11:44 No good deed goes unpunished 15:12:07 RavFX[m]: Maybe I forced him to say that stuff I dont remember but there was 3 guys that i interrogated. 15:12:59 RavFX: closer to "you cant just mess around in the backyard forever" 15:13:03 Bitcoiners must have brainwashed him in some way 15:13:58 Bitcoin will be a privacy coin Bitcoin will be a privacy coin Bitcoin will be a privacy coin Bitcoin is the only future Bitcoin is the only future 15:13:59 even if bitcoin was completely private, it would still suck - it's slow, expensive, not scalable, asic mined... 15:13:59 No , he had debts with some guys that washed money on pizza hut. 15:14:17 When is the conference call 15:14:24 Id love to debate 15:14:24 But they have lightning and zaps 15:14:30 Lmao 15:14:36 the men in black got to him with that flashing pen gizmo 15:15:13 Monero who? 15:15:32 Never heard of them 15:15:35 We smoke grass all the day when we can 15:16:03 Lighting solves nothing, as you need to make a transaction to get in and to get out from Lighting channel 15:16:12 Principal problem with btc is speed and most importantly block size. 15:16:12 like I remember when they said that Central Africa Republic decided that bitcoin was legal tender or something like that (not taking the fact that during a proper bullrun, BTC TX fee is higher than average Central Africa Republic monthly salary 😂 15:16:30 xfedex[m]: Lightning it is easy to traceability 15:16:32 Lightning is also a pain to use (at least when I was using it) 15:17:08 It’s still a pain, especially loading your Bitcoin. And it’s so expensive hahaha 15:17:19 Nobody really 0uses LN, and even if everybody used it, Bitcoin's scalability wouldn't improve much 15:17:22 it's not that reliable except if you are connecting to centralized node. 15:17:25 it's at the end extremely centralized (or TX fail to go thru) 15:17:26 Such as fiatjaf making a little war aggainst monero 15:17:38 He is a foot that was visited too 15:17:58 XMRPriest[m]: I wouldnt know :D 15:18:02 And the unload fee for you're BTC is paid in advance when you load you're BTC if I remember. have fun waiting to unload if the fee doubled 15:18:11 Fiatjaf sucks. Fact 15:18:18 He was maybe payed by chinese cause Nostr there is only chinese faggots 15:18:28 What’s even worse how expensive whirlpool is to mix coins 15:18:33 Guy needs to give me some of thatoney and stop selling lies on twitter 15:19:05 Trojanvolta: offensive and homophobic reported 15:19:12 Is Seth promoting using LN and mixers? Did not read his new BTC stuff 15:19:28 Take a look 15:19:36 Idk but the common bitcoiner is 15:19:47 RavFX[m]: I think he works for a bitcoin privacy hardware company, so ig yes 15:20:06 Yea they added Whirlpool to fountain in the software 15:20:18 That was on his talk 15:20:22 Maybe they payed him . 15:20:41 But they payed him with Threats 15:20:42 xfedex[m]: They are willing to do a monero hardware wallet 15:22:05 ofrnxmr[m]: He didn’t say that explicitly but he said someone can turn the software to be a monero only app but would take a lot of reworking and the devs are respectful but not interested in monero 15:22:24 I don’t count on fountain as a company coming out with a monero software lol 15:22:59 We still has mental outlaw and Luke smith 15:23:10 And the memories of Macfee 15:23:53 No we dont 15:23:58 Mentaloutlaw isnt supported by us. He does his own thing and we love him because hes famous 15:24:08 Luke Smith, same thing. He does whatever he wants 15:24:08 TRAITORSSSS 15:24:14 ... /s 15:24:42 the two balding youtubers of tech 15:25:05 Both MO and LS are mainstream famous because they arent worried abojt what a bunch of cultists think 15:25:09 They declared that moner it is the only cripto they didnt lied. 15:25:25 wrong 15:25:30 WOW is the only crypto 15:25:36 Facts 15:25:48 Shitnero is for criminals 15:26:02 stupid moneroshill 15:26:48 Lets make a fork weednero 15:28:30 Bitcoin died when it go taken over by blockstream 15:28:30 It's been now marketed mostly as a "store of value" and "digital gold" instead of being what it was initially designed for "a currency / p2p payment system" 15:28:48 Bitcoin supporr nfts so it is now bloatware 15:28:55 Support* 15:29:11 monero does, too: https://mordinals.org/ 15:29:59 Damm 15:30:09 I'm solo mining. When I temp stop mining, is it all over? Or do I get credit for prior work? 15:30:47 IOW if I don't hit on a block and stop... am I then starting from scratch? 15:31:28 we need a shill with Fabio tier hair 15:32:32 * Trojanvolta[m] uploaded an image: (23KiB) < https://libera.ems.host/_matrix/media/v3/download/matrix.org/EvEoCNwHwNjpsKlzlkUfXOaD/_%20_pill__20230305160719.webp > 15:32:40 LZA_MENACE: How do we stop this 😭😭 15:33:12 At least NSA can trace it ahahaah 15:33:43 Why are we letting ordinals stay on the blockchain and what are the privacy implications for transactions 15:33:49 I just hope that the thousand new IRS agents will do there job and milk bitcoiners at max percentage :) 15:35:09 > This small tweak to the Monero protocol should not harm the overall privacy of the network, but allows us to organize the transfer of ordinals between community members. 15:35:36 "I'm solo mining. When I temp..." <- Id answer but u dont like neh 15:35:58 I want them removed, not easier to use lmao 15:36:55 They have no right on the chain for a digital cash 🤦🏼‍♂️ nodes are already heavy with the UTXOs, we don’t need JPEGs to be spammed 15:36:56 ofrnxmr[m]: IOW starting over. :( 15:37:21 :shrug: 15:37:41 Are you pool mining? 15:37:42 Solo on a pool vs solo on a local node? 15:37:52 Solo. 15:38:01 local 15:38:19 Didn't know you can solo in a pool? 15:38:36 Solo local = you didnt lose any progress 15:38:46 O 15:38:59 You'll only be paid when you find a block 👍 feel free to restart as often as necessary 15:39:16 Ty 15:41:25 Np. I probably came off as a jackass, but thats just my persona. Happy to help 15:41:36 "How do we stop this 😭😭" <- we could slow it down by removing tx_extra. There are consequences with keeping/removing and the ongoing discussion is intense 15:41:38 nh 15:41:44 nah 15:52:28 monero ordinals? 15:52:34 luckily wownero is almost immune 15:52:36 https://xmrchain.net/search?value=42c02dffcb8fefeb26e8de9760e806971f803f02c06485fdb78066a36a403a07 15:52:58 example monero ordinals "nft" ⬆️ 15:54:02 Ugly ring members too 15:54:02 really love that one. especially the _016ba_ at the beginning. We feel the artist' intend on this one 15:54:14 * really love that one. especially the _016ba_ at the beginning. We feel the artist' intend on this 15:56:05 there's a p2pool ring memeber in that transaction 15:56:06 since the TX has only 1 output, I guess I can safely exclude it 15:59:15 my guess is that the real ring input is ee7d04b0b00ba9f593e70296b885f05a61f086b76d05cc5093ff7cbcc1c8b8f7 15:59:51 i wonder if i'm correct 16:00:16 tx_extra needs to be removed 16:00:39 +1 16:00:56 it needs to be removed like really soon 16:01:17 or at least capped, like wownero did 16:03:51 Ordinals on monero is an infection that needs to be removed. NFTs are a waste of space and bloat ware. I made poll on twitter, interesting responses if anyone wants to check it out 16:03:55 https://twitter.com/xmrpriest/status/1636393536923787265?s=46&t=jXyKaUPxffdSzmtigdiP2w 16:04:39 Wanted an overall opinion because it’s not really known that this is happening on the chain 16:04:40 Sir, you are keeping people without twatter out of the poll 16:04:55 Twitter is a start lol 16:05:04 Where else should I make one ? 16:06:14 I've got a better idea for a poll. I publish two addresses, and share view keys with everybody so they can verify the vote. Voting is based on the amount sent to each wallet. 16:06:15 ewww, I just looked at the "proof if infection" 16:08:12 Hahaha 16:08:13 Most of the NFT arts is 🤮 16:08:13 Waste of storage space and cpu 16:08:52 They literally explain how to do it with the cli on the webpage 16:10:12 "as well as storing any graphical and metadata associated with that ordinal." 16:10:13 Oh fsck, it's so worst than these scam on ETH... At least on ETH they don't store the stupid jpeg 16:10:31 It's like Ordinals 16:10:42 i wonder why both don't save the IPFS hash, it's smarter 16:11:53 I'd be almost OK with having 32-bytes IPFS hashes NFTs on Monero/Bitcoin 16:13:02 That is transparent right. 16:13:02 Can we just petition pools to not mine TX containing *ordinal* in extra fields or something like that? if the fee is lower than 1000 XMR? 16:17:09 Petition pools 😆😆 16:17:29 They wont even change configs for profit 16:17:40 erf, just remove the extra fields then 16:19:43 I have a very hard time with the argument for keeping it around before figuring out how or if its even necessary 16:20:35 Right now its pretty much a junk drawer that allows easy soft forks 16:21:29 Could, one day, there be a use case that isnt detrimental to monero? Sure. Post seraphis, post membership proof, or with a much better implementation 16:22:21 Multiple choice is probably his Txextra got added in the first place 16:23:16 From the other perspective. 16:23:16 If we didnt have Txextra, would we add it in order to support a system that is designed to lowering the on chain privacy? 16:27:02 Every time I start the Monero wallet it takes a long time to sync. Right now it's started at block 1,350,820. Is it possible for it to be this far behind? 16:27:34 I run monerod using a systemd service to start up on boot. 16:28:22 When booted I start the wallet, it connects to the daemon, then starts syncting. Is this normal? Shouldn't the daemon have already synced? 16:28:59 Systemd and gui might have separate storage locations for the blockchain 16:29:03 Make sure they are the same 16:29:46 rooter0_: There should be 2 bars 16:29:46 The top bar is updating the wallet with the latest info from the blockchain 16:29:46 The bottom bar is the progress of the blockchain being up to date with the rest of the network 16:30:32 "Could, one day, there be a use..." <- I am going to tweet this and @ you, great take 16:31:06 If you start monerod with systemd 16:31:06 You dont need to use local mode in GUI. 16:31:06 (I think) you list use remote node and add 16:31:06 `127.0.0.1 port 18081` 16:31:22 Just* use 16:32:06 (So, in gui, go to settings > node > remote > add new remote node with 127.0.0.1 port 18081) 16:32:18 Ah 16:33:16 The daemon is set to use the same config.json as the wallet, but I just realized yesterday I was using the wallet daemon, and today the systemd service. 16:33:55 When I started the wallet both bars are blank except the lower one is gradually building. 16:34:10 But I def need to set it to Remote mode. 16:35:25 This also explains other problems I've had! 16:37:00 And it seems to mean that I can also run the daemon on another machine using its CPUs, and set it as a remote node here? 16:37:14 Yes sir 16:37:21 (as long as the blockchain is there too) 16:37:51 <᷾s> Who had this stupid idea 😭 16:38:01 <᷾s> Though I guess it was inevitable with txextra 16:38:35 <᷾s> Ordinals is a misnomer though because ordinals create an ordinal number for every satoshi 16:38:52 `--rpc-restricted-bind-ip=0.0.0.0 --rpc-restricted-bind-port=18089` 16:38:53 Male sure firewall on host has 18089 availablrm 16:38:53 If you want to access from wan, you may need to do port forwarding for 18089(and 18080 while youre at it) 16:39:44 * <᷾s> Monero Ordinals is 16:39:56 Then youd access as a remote node on wanorlanip:18089 16:41:09 I'll use SSH reverse tunneling to make the remote machine seem local. And I'll bring in those ports, so prob won't need the rpc switches? 16:42:31 Personally, I havent tried 16:43:06 With the wallet set to Remote on the local daemon... it's started syncing all over again... both bars blank and lower one climbing. Hopefully this is the last time it has to rebuild the blockchain. 16:59:22 monerod is using random DNS servers rather than my own? 17:01:04 Not able so sync with systemd .service because firewall does not allowDNS leaks. 17:03:31 There's no monerod switch to change DNS. Guess I have to use nftables to redirect. 17:03:55 You can use uh.. 17:04:13 1 sec. Let me reply in order 17:04:16 rooter0_: `DNS_PUBLIC="tcp://9.9.9.9" ./monerod` 17:04:18 for example works 17:04:24 1. Ensure only one monerod is running. If multiple, kill them or restart 17:04:30 Thanks selsta :P 17:04:48 Thats what I was about to go look up ♥️ 17:04:59 Ok, thanks. 17:05:34 (except I think it would be udp://) 17:08:14 Nope, udp:// is invalid. 17:09:55 It converts the DNS request to TCP, I guess so it's stateful and can find its way back. 17:10:14 I have to open 53/tcp on the DNS server. 17:14:52 Damn, still ons of I/O errors on sync. 17:15:03 None for DNS tho. 17:17:29 inbound SPT=18080 17:21:54 Ok opening that up got me an instant full sync. I'm now running remote on my local systemd monerod service. 17:22:42 Although, still getting I/O errors. 17:23:40 Now getting blocked is out 18280/tcp. Is that legit? 17:27:36 Lost sync. 17:28:54 Also blocked are 18082, 3, 4. None look legit according to search. 17:29:25 Monero uses 18080 (P2P) and 18081 (RPC) by defualt for mainnet. 17:30:03 18082 for zmq RPC, which you can disable. 17:33:53 --no-zmq 17:40:09 Command-line switches are supposed to be the same as config file options, but startup fails with "Invalid line 'no-zmq'". 17:42:18 They're not, though I do not know why. There's a very recent PR which changes some or all of that. 17:42:51 no-zmq=1 ? make sure your node actually "works" before adding any options , maybe a good idea 17:44:01 Yep, no-zmq=1 works! 17:44:12 ... and it's recommended. 17:44:33 but are you talking about config file or command line (as i was about to say 'ignore me') 17:45:51 i have no idea where i am 17:47:47 Config file. It twerks. 17:48:33 ... but still tons of I/O errors. Firewall blocks on ports 18180 and 18084. 17:49:24 Wallet not syncing. Both bars blank. 17:49:52 Bars ? I'm guessing not monero-wallet-cli then ? 17:50:06 Correct, gui. 17:50:14 i would love some ascii bars for the cli 17:50:21 Blocks on port 18480 17:50:43 That sounds odd, assuming outgoing, but who knows, maybe the GUI does funky things. 17:50:46 Ain't should try to et out there... 17:51:02 Yup, Outbound tcp. 17:51:15 It could also be that some nodes advertise odd ports. 17:51:33 yes, there are nodes that use different ports 17:51:34 I think that's fairly rare though, but the numbers suggest it might be that. 17:51:54 Should be able to start syncing at least tho... can not. 17:52:13 post your entire config file on a pastebin site 17:52:22 If monerod cannot sync, then restart with --log-level 1, wait for it to try, then if it fails you'll see why in the logs. 17:52:39 If it's failing to find peers in the first place, try deleting p2pstate.bin. 17:53:06 you are also sometimes talking about the gui and sometimes talking about the daemon, also confusing 17:53:14 Most nodes will be on 18080 so firewalling others for outgoing *should* be fine. 17:54:03 K 17:56:17 Well my 200GB disk is completely full. It's where the blockchain s. 17:58:41 Deleted lmdb and now it's syncing properly... 17:58:50 Starting over. 17:59:36 the chain is like 200 gb 17:59:37 I thought 200GB would be enough for a while. Maybe my dicking around with everything messed it up. 17:59:47 It's about 160GB 18:04:55 You can sync pruned if you don't have enough. It's about a third the size. 18:07:13 I can make space. It's just that on a 1TB SSD, 200GB is alot for one virtual machine. 18:07:36 --prune-blockchain has no downsides and is only around 60gb 18:10:05 I've found that having the blockchain and unprived user on its own disk improves hashrate by 3x. At least for me. 18:10:28 The disks can work simultaneously if the daemon is on the main drive. 18:13:41 Not about to run as root just for the sake of "up to" 15% improvement. The world is full of boogers. 18:14:34 My life became instantly better when I found Qubes OS. Want root ? Have at it :D 18:15:08 Of course it's gambling whatever doesn't have a root exploit also doesn't have a xen escape. But that's likely. 18:15:50 That one's good, but I've done enterprise infosec for 24 years, and roll my own. 18:20:00 I think you can apply the msd mod manually 18:20:06 There are experiments with immutable OS' (MicroOS, SilverBlue, etc), but in my experience they're not reasy for primetime. 18:21:14 Is it to enable pre-fetch? There are alot of msd parameters. I will research. 18:38:00 https://xmrig.com/docs/miner/randomx-optimization-guide/msr 18:38:47 https://github.com/xmrig/xmrig/blob/dev/scripts/randomx_boost.sh 19:15:59 If I wanted to create a project related to XMR or that would use XMR, is there any help I can get ? 19:16:38 is there a group of community members that have been helping build around XMR ? 19:16:47 #monero-community-dev maybe? 19:17:52 And #monero-community:monero.social 19:18:16 I should ask there ? 19:19:00 Community dev is the home of what youre referring to 19:19:13 I cant seem to join them 19:19:14 any link> 19:19:22 #monero-community-dev:monero.social 19:19:47 okay thanks 19:22:12 does anyone know if morbinal explorer supports webp? 19:22:15 i know it does jpg and png 19:22:27 i hope it does webp as well 19:24:12 monerobull[m]: Morbinal 😭 19:24:17 It's morbin time 19:24:43 yeah 19:24:47 mordinal is a shit name 19:24:51 these are morbinals 19:25:56 call it monero-orbs or something if you want to keep the "legitness" 19:26:03 and morbinals for the meme value 19:26:32 We must destroy Bitcoin 19:27:03 bridgerton[m]: They're doing that themselves lol 19:27:55 "Traitor" <- *dev 19:28:13 I know but they need a little bit of help would destroying asic Bitcoin mining machines lower down Bitcoin or something 19:28:55 monerobull[m]: hmm this makes my ponder my orb 19:30:22 Morbs 19:30:25 ill ponder my morbs 19:30:45 cockliuser[m]: We are destroying monero with ordinals so cheers 19:30:58 😭😭 19:31:13 ill put that emoji on chain 19:32:02 Well then we must destroy the ordinals then 19:32:18 I don't know how but they gotta go if 19:32:29 XMRPriest[m]: Technically Ordinals is a very bad misnomer for it lol 19:32:43 m-orbs 19:32:50 you drop heavy balls onto the chain 19:33:05 Lets use Monero to wire cables 19:33:43 uhm 19:33:53 zk tech can prove you ran something right 19:33:56 cockliuser[m]: Let’s do it haha 19:34:05 put smart-contract morb on chain 19:34:15 have local client compute and publish a zk proof? 19:34:18 Monero file transfer protocol 19:35:16 monerobull[m]: can someone who knows how this works comment if this is in the slightest bit possible? 20:36:43 morbs lmfao 20:36:44 they decided to call it "mordinals" 20:36:46 this is extremely sad and funny at the same time 20:40:43 True 21:11:41 > <@ctrej:matrix.org> You misunderstood me: The bitcoin network will eventually paid by transactions only, so if you hodl and rarely transact you barely co tribute to the network. Worse, large players who can move large amounts at ones pay disappropiate little.... (full message at ) 21:15:59 "slight inflation, and especially..." <- I disagree with this line of reasoning. In fact if Monero had chosen to extend it's falling block subsidy, for example higher year over year inflation like Dogecoin or even worse curve then doge coin, then I probably wouldn't be as interested in the project. Scarcity is ideal for a currency as it preserves accuracy of relative prices not only through space, but through time 21:17:20 it says slight right there 21:17:47 its half the inflation rate of gold 21:18:24 and the network as to be paid somehow, purely by transactions and fee market doesn't work 21:19:40 "Traitor" <- Why do you call Seth a traitor? 21:19:54 any long term system must be stable, and thus it must be funded by its users 21:19:59 100% sarcasm 21:20:05 It's a joke, Seth isn't a traitor 21:20:13 ceetee[m]: Yes, I think this is good. 21:20:24 Omg same convo different room 21:20:25 ./merge room 21:20:33 Lol Seth isn't a traitor. He's just a littles retarded. 21:20:45 I'm also a little retarded. 21:20:49 ceetee[m]: I agree. I just think the argument about poking people who retain their currency in their possession with a stick is not a sound argument. 21:21:05 s/littles/little/ 21:23:34 "Imajin trying to use BTC as a..." <- It still works as a payment system though. It's just slower than competing chains and also more expensive and not private. 21:23:43 You put money here because of the security, then pay your share of the security, simple as 21:23:58 fr33_yourself[m]: Slower and a hell of a lot more expensive during a bullrun 21:24:15 or you wait 3-4 days 21:25:16 ceetee[m]: I mean I guess you can think of it that way. I understand and appreciate the value/merit of Monero's tail emission, so I view it as a good thing and not a tax 21:25:18 limit in blocksize make it unsuitable for a payment system 21:25:42 because during a bullru, mempool is permaconstipated 21:25:48 s/bullru/bullrun/ 21:25:50 RavFX[m]: Yeah I saw all the people on Agoradesk complaining when mempool was congested recently lol 21:26:21 Wasnt it like 12000 at one point 21:26:33 RavFX[m]: In Bitcoin this has been empirically proven to be true. Not sure about Litecoin yet 21:26:55 And during a bullrun, the fee to not wait 3-4 days is higher than monthly average salary of central africa republic, a country where BTC is legal tender 21:27:07 meaning, it fail for it's purpose 21:27:31 Litecoin have the same issue, block size are limited 21:27:50 but there faster so you can slush more of them in the same time 21:27:58 Yes, just that I don't think LiteCoin has faced the same degree of congestion as Bitcoin because quicker block times 21:28:13 Can process more transactions in the same amount of time 21:28:13 fr33_yourself: also on AgoraDesk, sellers ask for ID lol 21:28:20 that's a big oof 21:28:30 not as much people use litecoin. exactly, it's faster block so you need 4x more TX to constipate it's mempool 21:28:54 BTC have also abusing miners (pool colluding to constipate the mempool to extract more money in fees) 21:28:56 RavFX[m]: depends on who you ask ;) 21:29:30 fr33_yourself[m]: If you have a country on where it's legal tender, but the fee is higher than average monthly salary... yes, it's fail at it's purpose 21:30:03 My current tier list is Monero > Litecoin > Dogecoin > Bitcoin 21:30:43 Mine is 21:30:43 Holding 21:30:43 monero > usd 21:30:43 Condom swap > ltc 21:30:43 BTC is a good payment tx buffer, nothing more. 21:30:44 It's been marketed as a store of value instead of a p2p currency since blockstream hijacked the project 21:31:14 * Mine is... (full message at ) 21:31:22 Monero>Litecoin>Bitcoin>Doge (doge is a memcoin, it have no real purpose and during period of calm, it's fee are higher than BTC) 21:31:49 Yall are all liars 21:32:03 Wownero > Monero > wownero > wownero 21:32:17 I just pay bill using LTC lol 21:32:22 when XMR not accepted 21:32:46 > <@ofrnxmr:monero.social> Mine is... (full message at ) 21:33:05 Gold seems pretty dead unless all cryptos fail for some reason 21:33:46 Gold have no real use beside annoying to use store of value. 21:33:46 It have no liquidity 21:34:02 RavFX[m]: Really? I haven't seen Doge's fees breach those of Bitcoin? Plus at least Doge has tail emission and 1 minute blocks so it is more usable for quick transmission than Bitcoin 21:34:16 imagin going to the grocerie store and try to pay for a loft of bread using gold, and trying to cut it in front of the cashier to pay the peoper amount 21:35:50 > <@gfdshygti53:monero.social> Gold have no real use beside annoying to use store of value. 21:35:50 > It have no liquidity 21:35:50 The lack of the liquidity is actually a serious problem with why I'll probably never look at gold unless quantum threat manifests or splinternet or power outages or internet down for some reason. All of these seem like pretty negligible tail risks 21:36:01 RavFX[m]: Agree. This is why the market has not returned to using gold or silver as general media of exchange 21:36:27 Average transaction fee, USD | 1.87 DOGE 21:36:27 That's more than BTC right now 21:37:00 > <@gfdshygti53:monero.social> Average transaction fee, USD | 1.87 DOGE 21:37:00 > That's more than BTC right now 21:37:00 Funnily enough that's probably due to not having Taproot which was a blockstream change 21:37:19 ah wait, BTC got higher now. BTC back over doge in fee term because of the pamp 21:37:34 I think that's because they hard-coded 1 Doge as fee minimum years ago. It's been fixed in the protocol but some wallet software probably hasn't kept up. 21:37:37 that's the difference. 21:37:37 when market calm/boring, doge fee are higher than BTC fees 21:41:16 > <@gfdshygti53:monero.social> Average transaction fee, USD | 1.87 DOGE 21:41:16 > That's more than BTC right now 21:41:16 wow that's crazy haha 21:42:20 still slower though 21:42:30 Rucknium[m]: Isn't 1 Doge like 0.07 USD though lol 21:42:52 Yes one doge is about 7 cents 21:42:58 Yeah. 21:42:58 but during period of calmitie and boringness, BTC fee is under 0.10 21:43:13 now it's higher because we got a pump 21:43:45 Send many btc dusts under 0.05$ fee last year 21:43:58 can't say for now, I stopped using BTC since localcorn died 21:45:38 "that post is heavily conflicting..." <- agree. a bit sus 21:46:00 He named Bisk as a solution for KYC BTC in his post 21:46:05 Bisq* 21:46:19 it's honestly easier to onboard someone to monero than btc. the only two points of difficulty are sync times and the current vs. available balnce 21:46:30 And Bisq is a confirmed good source of tainted BTC... Buy them from there and send them to binance or fixedfloat and it might get confiscated 21:47:32 haha 21:47:59 i feel like if you accept tainted btc and lose it by trying to cash out via a CEX you deserve to suffer 21:48:35 This is we don't have wallet that ask the feds and other entity about how tainted the BTC you got it. 21:49:02 cockliuser: Guess when they hard-coded it. (This is a cautionary tale for Monero by the way.) 21:49:12 That is a much needed feature for btc wallet, it should use API to ask if it's tainted and split them if it is so you know to not send them to CEX 21:49:36 anyway it's tracked so who care if you ask Feds blacklist each time you receive a BTC tx 21:51:08 You can make it so btc wallet have two balance, like one normal that display the total of untainted output then a second total in red that display the tainted output. 21:51:08 And when you spend, it should have a radio button with 3 choice (spend whatever, spend clean only, spend tainted only) 21:51:27 by default, not spend any tainted shit 21:52:43 That way people would have no excuse if they send tainted coin to a CEX. And people would be aware of the clean vs tainted coin ratio. 21:52:43 That is a required improvement for BTC wallet 21:53:07 Since Seth works for/with one, why not contact him and share the idea 21:53:19 And the concerns about bisq 21:53:42 Will do that later tonight 21:55:30 > <@gfdshygti53:monero.social> He just follow the money... (full message at ) 21:56:53 > <@gfdshygti53:monero.social> That way people would have no excuse if they send tainted coin to a CEX. And people would be aware of the clean vs tainted coin ratio. 21:56:53 > 21:56:53 > That is a required improvement for BTC wallet 21:56:53 I disagree because taint exists in the eye of the beholder regarding transaction history. Ordinals, well... that's an actual issue 21:58:49 > <@gfdshygti53:monero.social> Principal problem with btc is speed and most importantly block size. 21:58:49 > 21:58:49 > like I remember when they said that Central Africa Republic decided that bitcoin was legal tender or something like that (not taking the fact that during a proper bullrun, BTC TX fee is higher than average Central Africa Republic monthly salary 😂 21:58:49 And maxi's claim this news headline as "Bitcoin is winning" Lazer eyes 22:00:07 Taint isnt in the eye of the beholder 22:00:25 If you piss in my lemonade, its not lemonade and you can keep it. I dont want it 22:00:40 "And the memories of Macfee" <- McAfee was really the GOAT. *furious seven ride out plays in the background* 22:01:06 Mehhhcafee 22:01:34 ofrnxmr[m]: Ok well can you tell me *exactly* what makes one BTC tainted and another clean🤨 22:01:51 Yes. 22:02:11 One was refunded from a kiddy porn wallet, one was not 22:02:44 Which is which ? You're not clear. 22:04:12 The tainted BTC is the one that is basically bills marked by the feds being tracked in the open 22:04:12 The untainted is btc that doesnt interact with known entities 22:04:12 Now, aml etc goes further and will block deposits from samourai simply because YOU tried to hide the source 22:09:56 Tainted btc = law enforcement for existing laws. Stolen BTC, btc that was used for illegal purposes... (full message at ) 22:10:31 "I have a very hard time with the..." <- agree 22:10:55 "One was refunded from a kiddy..." <- Yes, but the act which creates taint is purely subjective 22:11:21 it's still a btc. just a subjectively naughty history is associated with it 22:12:36 > <@ofrnxmr:monero.social> Tainted btc = law enforcement for existing laws. Stolen BTC, btc that was used for illegal purposes... (full message at ) 22:13:36 fr33_yourself[m]: No, its proof that you bought kiddy porn 22:14:05 Its no different than selling drugs to an undercover cop, then getting caught with the marked bills 22:14:44 It could be used as evidence that the hypothetical individual performed a naughty activity, however the judgment of taint is a subjective one regarding the activity 22:15:18 No, it is proof if you own the wallet it was refunded from 22:15:29 And that you sent money to an adderss they scraped off a dnm 22:15:40 ofrnxmr[m]: agree, however the what determines is naughty is subjective valuations by actors. but yes i agree with the technical idea you are conveying 22:15:43 And they are usually the damn dealer when they do thks 22:15:59 They know they sent you marked btc, and then waited for you to go forfeit it 22:16:13 They = police 22:17:02 ofrnxmr[m]: You basically just one shotted all transparent coins lol. It's really that simple for LE isn't it? unless they use Monero that is 22:17:30 Thats why dnm use monero whenever possible lol. And why cash is hard for LE to work with 22:17:43 They have to physically mark the bills or use bills in sequence etc 22:17:59 I agree with your examples, my point regarding taint is that it's subjective to the people who like to prosecute others aka agents of the state 22:18:17 P2p, nobody cares about taint 22:18:26 You can spend you scribbled on cash at the convenience store 22:18:27 ofrnxmr[m]: could you elaborate on why cash is hard for LE to work with? 22:19:03 Because is not "on chain" or even online. Its all manual 22:19:46 ofrnxmr[m]: Isn't marking bills a fairly simple and certain method of tracing a bill's movements? Most criminals don't have the time in pursuit of profit to jealously scrutinize each bill they use 22:20:13 Criminals wash the money like samourai,. 22:20:13 Thats why its called money laundering ;) 22:20:55 You repurposed the funds, distribute then, mix them, and ultimately remove the direct link and add doubt to the accusation 22:21:38 Exchanges know when YOU just did the washing procedure, which is why coinbase has locked account of people who wash after withdrawal 22:21:39 I agree with all this 22:21:56 I agree and you are spitting straight facts 22:23:55 Monero doesnt get the taint flag because of plausible deniability. 22:24:02 after you explained how trivially LE can use BTC to trace DNM activity, I now understand why hyc is quite confident that over the next couple of years UTXO coins will no longer be used under state adversarial environment 22:24:15 You would achieve plausible deniability on btc if EVERY BTC tx was coinjoined 22:24:28 But you lose it because you tell them "I did this on purpose" 22:25:40 Isn't simply using Monero losing some degree of plausibility. In other words doesn't the simple use of Monero software increase your suspiciousness to state actors? 22:26:02 That was giscomos arguement 22:26:05 Not saying btc is better or coinjoin 22:26:11 But NO. Because monero isnt just zcash or arrr 22:26:16 Some private but broken shit 22:26:25 Monero, even if public, is better 22:26:51 Its the better option in EVERY way. And its able to support a similar level of privacy as fiat while doing so 22:27:28 I think it is a reasonable Giacomo's argument is reasonable, but is probably only a problem for people in first world countries 22:27:43 Do while btc pretends to be an option, the only thing btc has going for it is the quantum resistance. 22:27:43 First mover advantage and whatever doesnt matter, because Bitcoin isnt s true competitor 22:28:04 How is BTC quantum resistant? 22:29:38 Off the top of my head, I dont remember . Just remember that monero isnt (yet), and Bitcoin supposedly is. But you never know until quantum attacks happen 22:29:42 As an individual I see why using Monero is advantageous, but also can see how it could be used to de-anoymize your anon status by opting out of mass default of stoopid banks and pay pal and venmo and other piece of poopy panopticon platforms 22:30:07 ofrnxmr[m]: Yep, thanks for the reminder regarding xmr not being quantum resistant 22:30:13 I tell my bank and kyc exchange straight up 22:30:40 Im buying monero 22:30:42 Why? Because their services are unreliable 22:30:43 If I need to make a transfer on a Sunday, im making it. 22:31:17 And im not jumping through hoops to hide my balance from whoever im sending money to. Im just entering their address and hitting send. 22:31:56 And im bot waiting til Monday. 22:32:42 I told them to start an xmr backend so they could transfer my money fast. But Nooo... so I use a better service. Period. 22:32:42 Is that illegal? Or shady? 22:32:53 Or just smarter than waiting 2 days 22:33:40 Revuo Monero Issue 163: March 11 - 16, 2023. https://revuo-xmr.com/issue-163.html 22:33:41 If my kid asks for $20, they dont need to know I have more than that 22:34:19 ofrnxmr[m]: Your position and argument laid forth here is reasonable. However, I doubt most individuals using Monero are using it for this express reason. I can see people in the grey and black markets being able to start accepting it for these express reasons though, so there will be more like this mindset soon 22:34:54 ^ currently 22:34:59 But monero is mainstream friendly. 22:35:13 You dont have to care about privacy to use imessage or whatsapp 22:35:25 > <@ofrnxmr:monero.social> I told them to start an xmr backend so they could transfer my money fast. But Nooo... so I use a better service. Period. 22:35:25 > 22:35:25 > Is that illegal? Or shady? 22:35:25 Did you actually do this or just a hypothetical scenario? If so you have balls of steel to ask your bank about this 22:35:26 You use it because its better than sms 22:35:50 Yes I actually did 22:36:01 ... they froze my transfer. 22:36:09 ofrnxmr[m]: Is smart to wait 5 min and see a confirmation than 2 days and paper work 22:36:12 i agree 22:36:29 Idiots. What do they think, im going to lie? DUMBASS shitty service THIS is EXSCTLY why im buying monero 22:36:52 F u and your "we cant give you your money... oh.. and were closed.." 22:36:53 bank is stupid intermediary and slow system 22:36:55 ofrnxmr[m]: also agree here 22:37:18 Bank has 2 options. Keep me as a customer and stock price NGU, or lose me 22:37:58 Ill leave. I have like 10 accounts. Happy to use a competitor or just straight up force my employer to lay me in xmr 22:37:58 when i send money overseas, i can use western union, fast but expensive, or i can use crypto, that is fast enough and cheaper fees than wiretransfer, Wu etc so the reciving part of family get more bang for the bucks. 22:38:44 ofrnxmr[m]: Did you get your kids into monero !! 22:38:52 ofrnxmr[m]: this I am slightly skeptical of. Once you've used it for 2 weeks it's very simple. Hardforks take a little bit of thinking, but also simple. The problem is the average individual is used to zero sync time and instant spendability of funds received. they don't appreciate the privacy the gain at the cost of waiting no more than 20 seconds to sync and having to wait for 10 blocks to spend 22:39:16 Hard forks are very simple for mobile users 22:39:50 Just open your usually auto-updated-in-the-background wallet and youre good to go 22:40:10 ofrnxmr[m]: big oof 22:40:30 Used to happen all the time 22:40:45 But now they know im buying monero. What are they going to do? Ask me again? 22:40:59 You delisted it, so I sent the btc to a swap site 22:41:01 ofrnxmr[m]: the amount of green pieces of paper in existence is singificantly less than the number of score points aka dollars introduced via banks into the balances of individuals 22:41:50 Ponyeatitall[m]: and no intermediary. and no kyc bullshit. and no feds scrutinizing your tx with Monero instead of WU 22:42:10 ofrnxmr[m]: agree here 22:43:08 fr33_yourself[m]: idk about that tbh. what i care about is that for every 10.000.000 vnd i send, reciver only get 8.000.000 vnd thats 12.000.000 vnd in transfer fee, rates and bullshit the family dont get. 22:43:51 ^^^^^^^ 22:44:07 Thats what im saying. 22:44:07 You dont have to be a criminal to have a brain 22:44:37 Ill take the 2% loss on the exchange before I pay the nonsense bank rates 22:45:09 1usd=1EUR 22:45:09 bank says 22:45:09 1usd=78c eur 22:45:09 ^ fake numbers, but you get my drift 22:47:50 im not rich, can afford to buy whatever i want, and i need to think twice before buying anything at least. i have cutted down my expenses on all kinda subscription shit, but still need to pay extra for some crooks in leathershoes at the bank going to get fatter... if their fees was compatible in compair i would probabluy just use their system. 22:50:28 "idk about that tbh. what i..." <- Fair enough. but if that's all you care about then why not use Litecoin? 22:50:54 > <@ofrnxmr:monero.social> 1usd=1EUR... (full message at ) 22:51:55 btw i am not shilling litecoin, I like Monero much more just see it as faster than Monero 22:53:22 https://i.ytimg.com/vi/oYc21FQTQBA/maxresdefault.jpg 22:53:24 idk, i got around 6h time zone diffrence. so its usally not a life of death matter to have it in 24 secons, within 24hours is reasonable. 22:53:26 ^^ 22:53:57 if the feds eyeballs are like that on everything you do, then you need monero because if you use utxo coin you are probably fucked if they want you bad enough 22:53:58 i wake up when family goes to bed etc. and talk whit them when they wake up n im going to bed lol 22:54:05 Hey, how does ring signature work ? There is this blockchain called Ergo they implemented ring signature as optional for sending transactions or something of the sort. I am wondering if thats even possible and if the privacy is even close to that XMR delivers 22:55:13 orion_midast[m]: If you care about having financial privacy, then opt-in privacy should be something you avoid like the plague. In other words is privacy is nothing close to the anonymity set of Monero 22:55:39 fr33_yourself[m]: I know, but I am interested in understanding the tech 22:55:59 I am wondering how effective the tech is, and what are the downsides 22:57:57 It's math. How many opt-in ring sig tx's occur per day on ergo? ok and how many occur per day on xmr? And how long has ergo implemented this change? and look at how long monero has had ring sigs? and does ergo have bulletproofs, i.e. amount encryption? 22:57:59 Moberu used to have non-standard ring sizes 22:58:09 used to is the key word 22:58:18 Right 22:58:26 So thats where to look 22:58:40 Ie why we changed to static 22:59:05 fr33_yourself[m]: lets assume only 100 transaction on ergo use ring everyday and this is something they had since launch 22:59:20 when did they launch? 22:59:33 is this a proof of work chain? 22:59:35 https://search.brave.com/search?spellcheck=0&q=why+did+monero+start+using+static+ring+sizes 22:59:41 They dont have amount encryption but they use UTXO, I dont know if that matters 22:59:44 fr33_yourself[m]: yes 22:59:44 First result 23:00:27 ok the fact they don't have amount encryption automatically lowers their utility as privacy coin. If you care about privacy, you should use Monero instead and keep this submarginal chain in mind in case Monero fails for some reason 23:00:43 gotta economize the mental bandwidth 23:01:12 Ergo launched in 2019 23:01:13 fr33_yourself[m]: How does that affect the privacy ? 23:01:15 Can people use the amounts to trace back wallets ? 23:01:32 bruhv we had ringct before this chain even had its genesis block lol 23:01:40 So at X time wallet SOMEONE sent 239.343 so all we have to do now is find whoever received that amount in that time 23:02:16 Monero amounts used to be public too 23:02:24 Is ergo just monero v1? 23:02:25 orion_midast[m]: dude imagine you are Kim Jong Un and you want Putin to send you some money to fund your nuclear program. Are you going to use a UTXO chain or one where the volume of the transaction is encrytped? You will use the latter 23:03:17 ofrnxmr[m]: once again used to be. That's why monero is top g in the privacy space. The KANG 23:03:44 fr33_yourself[m]: yeah agreed 23:03:59 btw, I am asking because I am doing research in understanding how the privacy cryptos work 23:04:10 I am not suggesting anything here 23:04:33 fr33_yourself[m]: apparently Russia used Monero 23:04:54 Before I post it, I’m allowed to promote something of mine Monero-related, right? 23:05:08 ofrnxmr[m]: I have a serious question and want a serious answer of your best theory: why does the majority hash miner proxying through clifton new jersey not just maintain his mining hashrate? Why does he flicker on and off? Does this mean its some sort of hacked web service, giant bot net he switches on or is it someone who is paying for the hasrate from a hashrate service provider, and thus face financial restraint? 23:05:09 Yeah 23:05:21 https://localmonero.co/the-monero-standard/weekly/45 23:06:35 ofrnxmr[m]: What do you think about my question regarding the mystery miner who is being a bit naughty? 23:07:34 Mining for profit and not trying to 51% the network 23:08:07 (Gaming the difficulty) 23:08:12 Dynamic metnal bandwidth 23:08:12 Really? that is your base case? Then why does he shut his miners down? 23:08:13 s/metnal/mental/ 23:09:03 Mining constantly will raise difficulty to where its harder for then to mine blocks quickly. 23:09:03 They take breaks to allow the difficulty to drop back down to a lever where they are mining at ~1.5x the effieciency as if they mined 24/7 23:09:06 how does flickering his miners enable him to game the difficulty 23:09:30 that actually makes pretty good sense 23:09:33 thanks 23:09:47 Its obvious if you watch it live 23:09:59 Oh no 23:10:01 And they even show off their xmr earnings on the pool website 23:10:12 Do they control a high % of hashpower ? 23:10:16 I don't watch it live, that's why I report to you ofrnxmr. You are like ominiscient regarding Monero 23:10:20 Rec[m]: 1GH or so 23:10:26 Probably a lot more 23:10:46 But again, splitting the chain = lost confidence = the little profit maker is gone 23:10:56 And its harder to do that with btc, because the miners are known 23:11:20 Ok so that leads to the next question. Do they have a physical CPU farm, a botnet that they turn off and on (not sure this even technically possible, but I imagine so), or is it some webservice? 23:11:43 NSA is 1hr from Clifton and there are a few data centers there 23:12:16 Ive said it before but it wouldnt surprise me if a cloud provider was smart enough to "hack themself" for profit 23:12:52 Or it could just be NSA acquiring xmr to pay ransoms or fund rebels 😆 23:14:54 (Not really serious on acquiring to pay bills. They probably have enough xmr from seizures or delistings) 23:15:26 But they dont want to pump the price of xmr, otherwise its not so easy to acquire, and it becomes a more powerful tool (able to move a lot more money) 23:28:47 "NSA is 1hr from Clifton and..." <- holy shit you're right haha 23:29:34 "Ive said it before but it..." <- Both your theories are plausible 23:29:52 do you know if there are any cloud providers with hq or big offices or warehouses near there? 23:30:25 "But they dont want to pump the..." <- bro this makes so much sense 23:30:53 Isn’t 1GH like almost 50%? 23:31:03 Yes 23:31:11 Oh 23:31:15 * ofrnxmr[m] uploaded an image: (80KiB) < https://libera.ems.host/_matrix/media/v3/download/monero.social/gGtnZcybCDohGlwkrsbioKKh/v14ipzrdvxmgcdqu.jpg > 23:31:45 Oh you’re talking about the hashvault thing 23:32:01 What are the implications other than the 51% attack? 23:32:01 Its almost 50% if current* but they had like 1-1.5 GH at peak (4GH network, 2.5 after they turn off) 23:32:20 Rec[m]: Its one miner on hashvault 23:32:29 That also solomines sometimes 23:32:35 Yeah 23:33:28 1.5GH is like thousands and thousands of CPU? 23:34:21 Or a cloud provider etc 23:35:41 Rec[m]: Worded that wrong, I meant CPUs 23:36:22 70 top end epcy 23:36:41 Wow, must be quite expensive 23:36:59 Could be the feds trying to get control, but you know more 23:37:38 700* 23:38:17 Oh wow 23:38:39 Id argue they dont want to 51% it otherwise they would show up with more than 1GH 23:39:16 The math shows they were aiming for 50% (blocks every 1 minute) 23:41:35 51% induces double-spending, right? 23:42:05 What epyc runs at 2000+ kH/s? 23:42:06 * ofrnxmr[m] uploaded an image: (277KiB) < https://libera.ems.host/_matrix/media/v3/download/monero.social/lPVduurVfzCwFVDIJpWNpZbn/kybzksjbtzrcywfu.jpg > 23:42:25 Holy crap 23:42:30 1 block per minute... 23:45:18 * ofrnxmr[m] uploaded an image: (113KiB) < https://libera.ems.host/_matrix/media/v3/download/monero.social/SEchevbfSczTDHtBniWwRQBa/25rajqqvtos26xid.jpg > 23:46:51 Is that a website? 23:47:31 https://community.rino.io/blocks/frequencies/ 23:48:26 Thank you 23:48:28 ofrnxmr[m]: I thought the NSA was out west, not in Clifton NJ 23:49:15 I looked the other day, dont remember if source was website or Google maps. I can check again 23:50:26 Google maps showing nothing on the west 23:50:42 not on the coast 23:51:37 there is a chain of supermarkets in NY called NSA :D 23:52:25 NSA has offices around the world and four cryptologic centers outside of the headquarters in Maryland within the United State 23:53:04 they also have a museum 23:53:06 https://twitter.com/i/spaces/1nAKEreVVqYGL 23:53:06 * ofrnxmr[m] uploaded an image: (199KiB) < https://libera.ems.host/_matrix/media/v3/download/monero.social/WnuhsWYZQGlHJEkdWGEtRyQO/h8dqjccydh62crih.jpg > 23:53:10 Wanted to share 23:53:18 Sorry for the off topic 23:53:37 Of the current discussion 23:53:44 What is it, link is being stupid 23:54:21 a conference call tomorrow hosted by xmr priest to discuss morbinals 23:55:40 I was thinking of the Colorado location 23:56:01 also in Georgia, Hawaii and Texas 23:56:22 plus I am sure other locations that they don't mention :) 23:58:54 plowsof11: Tonight, I thought lol 23:58:59 Should I make it tomorrow ?