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m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> Consider E2EE cloud and physical storage to manage this scenario in the future
-
m-relay
<recanman:agoradesk.com> I have a seafile instance and was already backing up everything
-
m-relay
<recanman:agoradesk.com> I set up a new operating system on another usb, did some work on it, but did not back it up
-
m-relay
<321bob321:monero.social> Jeffro installing botnet in script \o/
-
m-relay
<recanman:agoradesk.com> I read it before running it 😄
-
m-relay
<recanman:agoradesk.com> I was able to successfully recover the wallet I was looking for after trying all of them. Thank you very much jeffro
-
m-relay
<321bob321:monero.social> give that man a pay rise
-
m-relay
<pcre:matrix.org> Can anyone recommend a good hoster for running a monerod?
-
m-relay
<pcre:matrix.org> 15-20 Euro / 18-22 USD
-
m-relay
<gravitylord:matrix.org> Silly
-
m-relay
<monerobull:matrix.org> i like servers.guru but not sure if you can get that low, especially with a full node
-
m-relay
<monerobull:matrix.org> mabye 30€
-
m-relay
<pcre:matrix.org> Thx. I'll have a look at servers.guru.
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m-relay
<pcre:matrix.org> I found this one. A root server with AMD EPYC™ 9634 16 GB DDR5 RAM (ECC) 8 Core 512 GB NVMe SSD. 17 €
netcup.de
-
m-relay
<syntheticbird:monero.social> kyun.host is actually at 50% off (cpus and ram) in the United States. XMR only
-
m-relay
<syntheticbird:monero.social> if you choose your spec and by it now, the price will stay the same for lifetime
-
m-relay
<syntheticbird:monero.social> buy*
-
m-relay
<syntheticbird:monero.social> 8 GB, 4vCPUs, 200GB of SSD for 9.8€/month
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> Get an old laptop or OLIMEX SBC and connect it to the internet with proxy set to tor and providing an onion service
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> assuming you don't want to mine
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> For me i got the laptop for free and it costs me ~20 EUR **per year** to run it
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m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> For me i got the laptop for free and it costs me ~20 EUR **PER YEAR** to run it
-
» m-relay <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> has net zero so he makes his own electricity, but calculated on the average cost of kwh in the EU
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> Optionally you can use mine for free: `dreoj4h6fzwitg6fru4tm4cgmpnfikxnd2b6nf4gcpeux2v2pntfdzid.onion:18081`
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m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> The configuration of the machine is open-source for review and contribution:
github.com/Kreyren/nixos-config/blo…es/mracek/configuration.nix#L31-L38
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m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> And the server is always on
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> Optionally you can use mine for free: `dreoj4h6fzwitg6fru4tm4cgmpnfikxnd2b6nf4gcpeux2v2pntfdzid.onion:18081`
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> The configuration of the machine is open-source for review and contribution or requests for adjustments:
github.com/Kreyren/nixos-config/blo…es/mracek/configuration.nix#L31-L38
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> And the server is always on
-
nioCat
just synced a backup node from the beginning
-
nioCat
0.18.3.3
-
nioCat
17.5 hrs
-
nioCat
I believe it took 9.5hrs to get thru the checkpoints and 8 hrs after that
-
nioCat
the increased time without checkpoints I assume is due to verification with the bottleneck being not using enough of the CPU
-
nioCat
around 4% peaking at 6% CPU
-
nioCat
so like 1 thread
-
nioCat
internet and SSD had headroom
-
nioCat
wen multithreaded? <3
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m-relay
<ocean:matrix.thisisjoes.site> mine syncing real slow rn. not sure whats going on 🧐
-
nioCat
9.5 hrs was thru ~block 3,103.000 and then 8hrs from there to 3,157,905
-
nioCat
so about 55,000 blocks
-
selsta
nioCat: new release soon™ with new checkpoints
-
m-relay
<xmrchad:mozilla.org> Hello Monerochannel, here is a short info to those who lurk or post in monero-general on /biz/ board of 4chan.
-
m-relay
<dave.jp:matrix.org> By 2026
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m-relay
<xmrchad:mozilla.org> Due to /biz/ enforcing email credentials to post on /biz/ the general has migrated to /bant/
-
m-relay
<xmrchad:mozilla.org> I do not think /xmr/ general will either be baked nor be lurked on /biz/ ever again.
-
m-relay
<xmrchad:mozilla.org> Other based sister generals like /CMMG/, /SMG/ and /PMG/ have also migrated to /bant/
-
m-relay
<xmrchad:mozilla.org> If you can, please spread this information on other xmr related channels on matrix.
-
m-relay
<xmrchad:mozilla.org> Created this account just to share this information about xmrg on /biz/.
-
m-relay
<xmrchad:mozilla.org> Can someone please ACK? thanks.
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m-relay
<xmrchad:mozilla.org> Goodbye then!
-
m-relay
<basses:matrix.org> don't recommend anyone to visit 4chan, or you will become retarded
-
m-relay
<martin.monero:matrix.org> it is something like " don't use everyday AI or you will became retarded" :D
-
m-relay
<basses:matrix.org> nah, it is actually proven. 4chan is full of FUD
-
m-relay
<basses:matrix.org> and misinfo
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m-relay
<xfedex:matrix.org> 4chan is great for some kind of content, such as stable diffusion guides and such
-
uncle_rae
son, what?
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m-relay
<nobfg9000:matrix.org> /biz/ is shit but now there is less spam I guess
-
m-relay
<nobfg9000:matrix.org> I don't see how email is that much more sybil resistant
-
m-relay
<nobfg9000:matrix.org> I remember seeing a forum called notabug which was proof-of-work based, it was interesting but I think someone developed a GPU miner and took over the site
-
m-relay
<shkeezy:matrix.org> /g/ is cool sometimes
-
m-relay
<nobfg9000:matrix.org> uh yeah the good thing about that site is that they always post the bittorrent links whenever something cool leaks
-
m-relay
<nobfg9000:matrix.org> I remember the valve leaks and the llama leaks
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m-relay
<nobfg9000:matrix.org> with any other site it gets DMCA'd too quickly
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m-relay
<nobfg9000:matrix.org> /wsg/ is also interesting, still very offensive but in a way it's like old youtube because posts are limited by filesize. they really know how to get the most out of ffmpeg/vp9
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m-relay
<shkeezy:matrix.org> I'll have to check it out sometime
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m-relay
<shuroii:matrix.org> I can't find Snex in this group anymore, but I'm wondering if XPG (
github.com/snex/xpg) sends a callback for failed payments (and in a similar format to succesful payments)
-
m-relay
<shuroii:matrix.org> ```
-
m-relay
<shuroii:matrix.org> {
-
m-relay
<shuroii:matrix.org> "status": "payment_complete"
-
m-relay
<shuroii:matrix.org> }
-
m-relay
<shuroii:matrix.org> ```
-
m-relay
<shuroii:matrix.org> Is the succesful payment response, so I'm wondering if there's a response for failed payments like:
-
m-relay
<shuroii:matrix.org> ```
-
m-relay
<shuroii:matrix.org> {
-
m-relay
<shuroii:matrix.org> "status": "payment_failed"
-
m-relay
<shuroii:matrix.org> }
-
m-relay
<shuroii:matrix.org> ```
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m-relay
<shuroii:matrix.org> I'd assume so since I have to give it an expiration time to work with, but I don't mind checking this periodically to update any failed payments
-
m-relay
<plowsof:matrix.org> make an issue on the repo or message @snex:matrix.xens.org
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m-relay
<shuroii:matrix.org> I'll see if I can do that, ty
-
m-relay
<preland:matrix.org> Weird (but actually kinda important) question: would it be remotely possible to create a lightweight wallet that runs on a 6502 processor?
-
m-relay
<preland:matrix.org> The wallet won’t be a node, just a mobile wallet like Cake or otherwise. Assume that the connection from the 6502 processor to the remote node isn’t an issue (unless the bandwidth requirements for syncing to a node would be an issue for the ancient boi)
-
m-relay
<preland:matrix.org> Also also, assume that the wallet won’t ever have to sync more than 263k blocks (1 year), or less in case that’s too much
-
m-relay
<syntheticbird:monero.social> Impossible. At 1 MHz, a proper network stack couldn't even work. 8 bit registers are out of business for any C compiler these days. 16 bit addressing imply the chip can at most handle 65 KB of physical memory. A single RPC call would crush that amount
-
m-relay
<preland:matrix.org> Context: I’m trying to think of ways to create rly cheap transaction hardware. The concept I’m thinking of atm would be a compact machine with a small lcd showing wallet/transaction info. It would have a small NFC (or smth) transmitter that could interact with local “registers” (a node). The wallet could then receive payment info, send a payment to the “register”, whic<clipped message>
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m-relay
<preland:matrix.org> h could then verify that the payment is valid, and then everyone can get on their way 👍
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m-relay
<preland:matrix.org> There are many pros to this: you (purchaser) wouldn’t need an internet connection to make payments; the device could be cheaply made and only have a small amount of xmr (think like a prepaid card). The register runner would be able to quickly verify a transaction’s validity without worrying about chargebacks or anything else, and may even be able to contribute to the network v<clipped message>
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m-relay
<preland:matrix.org> ia mining (maybe, probably not)
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m-relay
<preland:matrix.org> Tl;Dr It would make Monero accessible to those without stable network or smart device access, and would make it (somewhat) more palatable for local sellers to accept Monero for transactions
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m-relay
<syntheticbird:monero.social> In theory, all you need is your seed and a list of outputs (and data) that belong to your wallet. Once you have those, you can craft a transaction. However, this means you hardware will need to sync at some point
-
m-relay
<preland:matrix.org> Plus if the wallet can be mass produced using cheap/legacy off-shelf parts, donating these to in-need communities may even be on the table
-
m-relay
<syntheticbird:monero.social> oh
-
m-relay
<syntheticbird:monero.social> he is on matrixorg
-
m-relay
<preland:matrix.org> It all comes down to the two big questions:
-
m-relay
<preland:matrix.org> 1. How cheaply/simply can a XMR wallet be made?
-
m-relay
<preland:matrix.org> 2. How cheaply/simply can a XMR node be made?
-
m-relay
<someoneelse495495:matrix.org> prelandhttps://libera.monerologs.net/monero/20240415
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m-relay
<someoneelse495495:matrix.org> I answered your first question on monero.social side but since matrix is batching every instances...
-
m-relay
<preland:matrix.org> Preferably a local node would be better, as the sheer scale at which this would be done might make this solution more difficult
-
m-relay
<preland:matrix.org> Plus most vendors wouldn’t want to mess with cloud stuff
-
m-relay
<preland:matrix.org> Heck, I barely want to mess with cloud stuff
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m-relay
<preland:matrix.org> Yeah, the matrix->irc->matrix hasn’t been working as well recently I’ve noticed
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> wallet: 5 EUR using hardware files from OLIMEX to use A20/A64 SoC last time i checked, just never figured out how i want it to work
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> Node: never checked
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> and like.. paper monero is a thing
-
m-relay
<preland:matrix.org> Paper wallet is interesting, but is actually the opposite of what I am thinking
-
m-relay
<preland:matrix.org> I was thinking more along the lines of a “temporary” account which you only send a small amount into for a short period of time (think like a classical prepaid card), as opposed to an ultra-cold wallet like a paper wallet
-
m-relay
<preland:matrix.org> That way you wouldn’t have to worry about losing your entire XMR net worth if you are mugged; imagine if getting mugged would cause your entire everything to get stolen; not a good idea, and giving the wallets an “expiration date” (not truly an expiration, as you could continue using the wallet past the date, it would just require a different device)
-
m-relay
<preland:matrix.org> A 5 EUR device sounds pretty affordable; would that be for a prototyping device?
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> 5 EUR per device assuming 20 made iirc
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> You can get a credit card that can be charged with monero
-
m-relay
<preland:matrix.org> Hmm; would this be a customized credit card? I hadn’t thought about that possibility lol
-
m-relay
<preland:matrix.org> Yeah that would be a pretty good starting point
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> pre-paid one usually if you want without KYC
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> i would recommend asking the pre-paid card company to send you the data with which you will program your card instead tbh
-
m-relay
<preland:matrix.org> Oh are you just referring to purchasing a traditional card with XMR?
-
m-relay
<preland:matrix.org> Hmm
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> You will get XMR->FIAT e.g. 200 EUR credit card that is pre-paid KYC-Free
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> there are options to get direct XMR->FIAT on purchase as well
-
m-relay
<preland:matrix.org> I am aware of that; I’m trying to think of ways that circumvent fiat entirely
-
m-relay
<preland:matrix.org> If the only way to feasibly use Monero is to swap it for fiat, then it isn’t really a currency: it’s a currency mixer
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> Tell the people who you are buying from to accept XMR
-
m-relay
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> xmrscott: hey what the fuck?
-
m-relay
<preland:matrix.org> (Insert the CloudFlare dance meme here)
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> like if you want a physical thing you can always generate a QR code with the amount for people to scan
-
m-relay
<ravfx:xmr.mx> getmonero is behing ddos protection racket?!?
-
m-relay
<ravfx:xmr.mx> Did not know until now lol
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> i use random fingerprint browser that runs in a VM, triggers cloudflare with a very high rate usually as cloudflare won't let you in unless it can fingerprint you
-
m-relay
<ivandrago7:matrix.org> Anyone having trouble getting monero moved to their wallet from monero.com
-
m-relay
<ivandrago7:matrix.org> Localmonero.com
-
plowsof
Theres a 10 hour backlog of txs apparently
-
plowsof
I think automatic fee wouldnt have saved you this time
-
m-relay
<ivandrago7:matrix.org> From there localmonero.com to their waller? Normally it takes about 20 min
-
m-relay
<roamer4223:matrix.org> Yes
-
m-relay
<nobfg9000:matrix.org> @5m5z3q888q5prxkg:chat.lightnovel-dungeon.de: don't you know that cloudflare owns the internet now?
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> need me to dedicate my infra to mining monero?
-
plowsof
Just have to wait it out before your tx is mined
-
m-relay
<ivandrago7:matrix.org> 10 hour backlog?
-
m-relay
<nobfg9000:matrix.org> mining does nothing to improve transaction confirmation time
-
m-relay
<nobfg9000:matrix.org> this is a common misconception
-
m-relay
<ivandrago7:matrix.org> I'm on hour 3
-
m-relay
<preland:matrix.org> Little does cloudflare know that their little fingerprinting trick will become useless in less than two years once we reach the internet singularity
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> more mining -> faster processing of txs?
-
m-relay
<syntheticbird:monero.social> it's almost as if the mining difficulty were designed to enforce a minimum transaction confirmation time
-
m-relay
<ravfx:xmr.mx> oh my, again !
-
m-relay
-
m-relay
<ivandrago7:matrix.org> This shit happened a few weeks ago
-
m-relay
<preland:matrix.org> I was going to disagree, until I realized you are right😂
-
m-relay
<preland:matrix.org> It’s an increasing block time that would increase *initial* confirmation time
-
m-relay
<syntheticbird:monero.social> processing txs is done in milliseconds.
-
m-relay
<preland:matrix.org> I was going to disagree, until I realized you are right😂
-
m-relay
<preland:matrix.org> It’s an increasing block time that would decrease* initial confirmation time
-
m-relay
<syntheticbird:monero.social> that's not the point of mining
-
m-relay
<nobfg9000:matrix.org> yes this is true, for the first few blocks
-
m-relay
<nobfg9000:matrix.org> but on average it has no effect
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> So nothing i can do with ~147 cores @ ~3.8GHz?
-
m-relay
<preland:matrix.org> Nope; give ‘‘em all to me 😂
-
m-relay
<syntheticbird:monero.social> how much ram ?
-
m-relay
<ivandrago7:matrix.org> Unreal always when u need it or don't have the time for this shit - damn I wish I knew more like some of you guys
-
m-relay
<preland:matrix.org> Why do you have so many cores at that clock speed lol
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> I plan on providing them for scientific research actually
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> not nearly enough to utilize all cores efficiently
-
m-relay
<ravfx:xmr.mx> Not they are doing mostly 146/2 at "normal" fees
-
m-relay
<ravfx:xmr.mx> Meaning each block do not contain a lot of TX...
-
m-relay
-
m-relay
<syntheticbird:monero.social> sad. then SETI@home it should be
-
m-relay
<preland:matrix.org> Yeah, the transaction flooding is kinda annoying
-
m-relay
<preland:matrix.org> It also shows some of the centralization issues in the ecosystem (ie le cakewallet)
-
» m-relay <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> has those cores separated across multiple systems that he's trying to set up to do distributed compilations
-
m-relay
<nobfg9000:matrix.org> @5m5z3q888q5prxkg:chat.lightnovel-dungeon.de:
youtube.com/watch?v=bBC-nXj3Ng4 is a good introduction. (most) cryptocurrencies have a system in place to keep the block times stable independent of the network hashrate, called a "difficulty adjustment algorithm"
-
m-relay
<preland:matrix.org> Good idea actually
-
m-relay
<preland:matrix.org> So long as it isn’t trying to access memory across systems it should be fine lol
-
m-relay
<nobfg9000:matrix.org> @5m5z3q888q5prxkg:chat.lightnovel-dungeon.de: try BOINC
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> basically getting a bunch of broken laptop mainboards, fixing them, hooking them to PSU and running them headless and managed through nix :D
-
m-relay
<nobfg9000:matrix.org> look up Gridcoin if thats still a thing
-
m-relay
<nobfg9000:matrix.org> oh another thing you can do is mine vanity keys
-
m-relay
<nobfg9000:matrix.org> thats what I would do if I had a PC like that
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> The problem with using these is that they eat electricity like crazy
-
m-relay
<preland:matrix.org> Funnily enough I actually mined a vanity key for myself using my old MacBook; took 3 days straight
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> so it's not really economical to mine monero or do anything for money atm
-
m-relay
<preland:matrix.org> Tbf it’s never economical to mine Monero
-
m-relay
<preland:matrix.org> Render farm? Idk
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> and vanity key generators doesn't seem to support distributed building anyway (it's spread across like 20 systems)
-
m-relay
<nobfg9000:matrix.org> @preland:matrix.org: I was trying to mine a long tor vanity key for a while, I even bought an external GPU and tried to port the code to opencl
-
m-relay
<preland:matrix.org> How long 💀
-
m-relay
<nobfg9000:matrix.org> Oh here is a good one
-
m-relay
<nobfg9000:matrix.org> Shane, you can 51% attack smaller cryptocurrencies
-
m-relay
<preland:matrix.org> Also the vanity key I mined was actually for monero xD
-
m-relay
<preland:matrix.org> 😂
-
m-relay
<nobfg9000:matrix.org> especially if you can port their algo from CPU to FPGA
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> I wish it was.. it would be great to just exchange electricity for XMR and pay the XMR through electrical bill
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> is that a lambo strategy?
-
m-relay
-
m-relay
<nobfg9000:matrix.org> @5m5z3q888q5prxkg:chat.lightnovel-dungeon.de: idk never tried it
-
m-relay
<preland:matrix.org> Ikr; I’m predicting that something has to give with the network—probably transaction fees are going to rise
-
m-relay
<nobfg9000:matrix.org> but there will be a lot of drama
-
m-relay
<preland:matrix.org> Not if he uses i2p
-
m-relay
<syntheticbird:monero.social> That should actually never be the case. If XMR was profitable to mine, then the PoW would have no interest
-
m-relay
<preland:matrix.org> And waits long enough for this convo to disappear into the IRC/matrix aether
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> hmm free mastodon followers you say
-
m-relay
<nobfg9000:matrix.org> is it illegal?
-
m-relay
<nobfg9000:matrix.org> it might be against the terms of service of whatever exchange you rip off
-
m-relay
<preland:matrix.org> Tbh I think it would be hilarious to just 51% attack random shitcoins on CoinGecko’s “trending” list
-
m-relay
<nobfg9000:matrix.org> the problem is that all the scamcoins are PoS these days
-
m-relay
<preland:matrix.org> I wasn’t thinking of 51%ing an exchange
-
m-relay
<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> like you can make XMR profitable, but you need solar panels and decent system
-
m-relay
<preland:matrix.org> PoS is a PoS way of proof 😉
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<preland:matrix.org> It’s literally the Ponzi scheme that they claim all of crypto is
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<nobfg9000:matrix.org> well the thing with 51% attacks is that you profit by reversing a transaction. Like if I buy a sandwich from you for 5 XMR, and then after confirmation blocks you give me the sandwich, and I spin up all my miners to publish a bunch of blocks with a churn transaction that contradicts it. So I end up with a sandwich and 5 XMR.
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> might actually be a good project to just get a solar panel and see how much XMR profit i can get from it through 1 system
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<preland:matrix.org> Can you undervolt the cpus? Cuz you are gonna have to find out if you go the solar route
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<nobfg9000:matrix.org> like in order to profit you need some merchant willing to do a massive exchange for something they won't be able to take back. like an cryptocurrency exchange. So it's really the exchanges that suffer from unstable cryptocurrencies
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> afaik you can on the MSI PRO Z690-A with coreboot
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<preland:matrix.org> I’d say that 51% attacks (on tokens) are completely legal
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<preland:matrix.org> Technically the network is running exactly as intended—no one had thought about what that meant yet though
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<preland:matrix.org> You can’t even make the argument of illegal systems access since it’s a public blockchain
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<nobfg9000:matrix.org> but you can do it with less than 51% of the hashrate. in theory it's possible with just 30% of the hashrate to get lucky. also a more fun 51% attack is that you can spam the network with empty blocks and just freeze it or do fee racketeering.
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<preland:matrix.org> Plus who’s going to complain? A DAO that isn’t recognized by any country? A corporation that is unlicensed in all jurisdictions and is outright illegal in most for selling unregistered securities?
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<nobfg9000:matrix.org> preland: yeah I would like to think that way, but bitcoiners are kind of a special interest group in the USA and have gotten the government to recognize cryptocurrency theft as theft and cryptocurrency as property
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<nobfg9000:matrix.org> it's kind of a parasitic use of taxpayer money to support bitcoin
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<preland:matrix.org> Imagine griefing an entire blockchain by just pushing the entire Bible in ASCII repeatedly
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<nobfg9000:matrix.org> @preland:matrix.org: yeah it would be badass
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<preland:matrix.org> But once again, in those cases that would be illegal access (ie stealing private keys); that wouldn’t be applicable for a public blockchain
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<nobfg9000:matrix.org> I actually have a crazy idea for an exploit you could do on bitcoin network, but it would take a ton of capital, on the order of hundreds of thousands of dollars worth of bitcoin
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> and probably the first thing that happens to monero when quantum computers get in the hand of any democratic government as PoW will become PoS~ :p
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<nobfg9000:matrix.org> @preland:matrix.org: hmm I suppose so
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<preland:matrix.org> Admittedly I’m not a lawyer, so don’t take my advice, but like
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<preland:matrix.org> I personally doubt legal repercussion would occur
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<nobfg9000:matrix.org> it's historicially been either illegal entry of a computer system or fraud, that's true
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<preland:matrix.org> I rly want quantum difficulty added to Monero for this very reason, regardless of whether quantum computing comes to fruition or not
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<preland:matrix.org> What’s a simple rundown of the scenario, I’m curious (and I’m sure the CCP lurkers are too
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<nobfg9000:matrix.org> probably will not happen due to reliance on elliptic curve cryptography
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> ye monero should get quantum-proof as soon as possible bcs it's a ticking time bomb
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<nobfg9000:matrix.org> both for signatures and zkp
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<nobfg9000:matrix.org> the best that can happen is that we hope for quantum computers not to work on a large scale
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<nobfg9000:matrix.org> and there is some precident for this I think, given that they are a type of analog computer and will face precision issues as you scale up (dont take my word for this)
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<preland:matrix.org> Which is ironic, but is the current issue with them
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<preland:matrix.org> They said the same thing about silicon transistors though, so critic beware
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<preland:matrix.org> Precision would be an issue….
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<preland:matrix.org> But considering it’s opponent is floating point…
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<nobfg9000:matrix.org> @preland:matrix.org: well transistors are binary, so it is easier to deal with precision. analog computers have some really nasty precision problems
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<preland:matrix.org> Plus since the error would be analog as well, you can do some averaging to figure it out
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<preland:matrix.org> With binary you simply lose data, and nearest neighbor can only do so much.
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<nobfg9000:matrix.org> I think the problem with improving monero's tech is that monero already doesn't scale well.
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<jack_ma_blabla:matrix.org> Is there a issue with xmrchain.net ? i can find a tx on blockchair but not on xmrchain.net which is pending confirmations
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> you don't need precision when the answer is all answers
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» m-relay <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> grins
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> welcome to the 10h txs backlog, take a seat there are no refreshments bcs none can pay for them
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<preland:matrix.org> Yeah; I know this is a **highly** unpopular take in the community, but I think we should start intentionally flooding stagenet to see just how inscalable the current network implementation is
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<nobfg9000:matrix.org> consider bitcoin cash scaled up to ~256MB blocks every 10 minutes. this is enough to compete with paypal real transaction rate a couple times over (although this will still be a minority of the worlds unless they rely on payment channels). It will require nodes to buy as much as a 10TB hard drive every year and maintain at least a ~0.4MiB/s connection
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<preland:matrix.org> After all, stagenet is supposed to be a testing ground for what is already possible on mainnet…why not showcase *exactly* what is possible on mainnet?
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<jack_ma_blabla:matrix.org> But it should have been visible on xmrchain.net also ? even if it was pending ?
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<nobfg9000:matrix.org> this is like a thousand or two transactions per second btw
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<nobfg9000:matrix.org> at the same parameters, monero can only do like a tenth of that at most
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<nobfg9000:matrix.org> on the order of a hundred or so transactions per second
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> afaik it's not processed yet so it won't show up until it is
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<jack_ma_blabla:matrix.org> Fucking cheap micro cent transactions is helping spammers
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<jack_ma_blabla:matrix.org> unconfirmed txs do show up, only this particular one is missing
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<preland:matrix.org> Are we talking with the block size pushed to the max, or with current block sizes (cuz it’s definitely not possible rn)
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<nobfg9000:matrix.org> due to privacy tech, monero transactions are huge compared to bitcoin-style transactions. so this is very limiting (although it may be improved in the future)
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> tbh none will give a damn until you cripple the mainnet and put their resources at complication
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<preland:matrix.org> Are nodes able to change their accepted transaction fee?
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<jack_ma_blabla:matrix.org> its useless unless every node out there does it and also miners have to follow it
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<nobfg9000:matrix.org> I think, with respect to privacy coins, the solution may be to fork monero several times and to do atomic swaps between the forks. These forks of monero would be merge-mined to prevent 51% attacks
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<preland:matrix.org> Serai will care; they all yelled at me when I told them I was planning on it when the flooding first began
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<preland:matrix.org> Plus keep in mind that stagenet nodes are ran voluntarily by community devs: they will notice
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> who's serai
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<nobfg9000:matrix.org> @5m5z3q888q5prxkg:chat.lightnovel-dungeon.de: some planned atomic swap exchange
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<preland:matrix.org> Another potential solution, albeit idk how well it would work, is “checkpointing”, where the current state of the blockchain is compressed to a certain point, all wallet values are left the same, and all transaction data from before is completely dropped
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<preland:matrix.org> They launched their stagenet testing around when flooding began
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<nobfg9000:matrix.org> @preland:matrix.org: this solves storage issue but not the bandwidth issue
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<jack_ma_blabla:matrix.org> baby of same guy who is leading FCMP pre seraphis initiative.
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<5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> The more they yell the faster the issue will be solved the 101 of politics
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<preland:matrix.org> Yeah; I’m not sure if even atomic swaps could fix that issue, as there would have to be significant checks put in place to prevent Sybil attacks
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<jack_ma_blabla:matrix.org> one month wasted, we could have announced a fork date by now ; had to just increase ringsize a bit and bump in fees
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<preland:matrix.org> Lol
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<nobfg9000:matrix.org> the bandwidth issue is the hard one. storage is easy because the price of storage tends to decrease with moore's law, and not everyone needs to store the whole chain. but if users do not have enough bandwidth, they won't be able to keep up with new blocks, so you can't even do a light wallet I think. It's not like bitcoin where you can use SPV
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<jack_ma_blabla:matrix.org> explain that to cheerleaders who want subcent fees
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<nobfg9000:matrix.org> @preland:matrix.org: I think it is possible to deal with sybil attacks in atomic swaps. Currently, you can't do atomic swaps between monero forks due to lack of scripting. For example monero to wownero swaps are not possible
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<nobfg9000:matrix.org> but it may be possible, IDK. It uses some wierd cryptography called "adaptor signatures"
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<preland:matrix.org> I think it’s the other way around; Moore’s law is dead, and unless we all start using LTOs, high levels of storage are going to be out of reach for most consumers. Bandwidth on the other hand is seeing some significant advances in recent years, which could increase bandwidth by insane magnitudes soon. Wouldn’t fix it for all, but for some it would
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<preland:matrix.org> Yeah it can be dealt with, but the issue then becomes: How much bandwidth do you need to run the atomic swaps?
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<nobfg9000:matrix.org> @preland:matrix.org: It's not really just network bandwidth, it's also CPU power to process the transactions.
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<preland:matrix.org> Although I do like the idea—maybe the chains can be region-specific so syncing can occur even faster?
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<preland:matrix.org> Yeah that’s fair
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<nobfg9000:matrix.org> @preland:matrix.org: atomic swaps would add additional overhead but in theory you can scale a lot with this strategy. Bitcoiners and other types of maxis don't like it because it makes their individual coins less special
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<preland:matrix.org> Monero is probably the most CPU intensive crypto out there (or at least the most used one)