01:45:58 GM 01:48:26 Hello! 01:48:41 https://thelounge.mycotrip.tech/uploads/8710a5ad204f78bc/image.png 01:48:46 anyone else mining? 01:53:09 sure 01:57:25 sweet, good talk. 01:57:57 anyone here have thoughts on qubic? 01:59:03 in the end it will make us stronger 01:59:43 How so? Finality layer? change of algo? 02:00:33 i mean the network is still just about as centralized as it was. and as for making us stronger.... 02:00:34 https://thelounge.mycotrip.tech/uploads/c2868db4d01f08bc/image.png 02:01:24 are you showing me in the end 02:01:54 they are orphaning blocks, stealing honest miners emissions, delaying transactions. if we just stay put and odn't do anything, i don't see how we will come out stronger. 02:02:04 what? showing you the end? 02:02:23 you are showing me what is happening now 02:02:53 I am saying that people are working to be stronger against this 02:03:09 I am not saying what the solution will be 02:03:21 yes, in the last 720 blocks that is how many have been orphaned. source: https://moneroconsensus.info 02:03:38 i don't think blind faith is going to help. 02:03:44 you are showing me what is happening now 02:04:06 people are working, not blind faith 02:09:27 you still haven't told me how they are working. 02:10:01 mining for 8 minutes, nice 02:10:45 i had to reboot. i don't wanna share my share my mining wallet but i can assure i've been mining for quite sometime. 02:10:53 ty 02:11:16 have you been following the channels and reading the discussions? 02:11:41 not the noise but the signal 02:12:11 i just got back into IRC, been following along on reddit trying to avoid anything from the bigger crypto sites. 02:12:54 I don't follow reddit 02:16:01 #monero-research-lab is a place to read but not talk 02:17:05 i'll check that channel out. i'm honestly pretty stupid when it comes to the finer details and subtleties of XMR and crypto in general. 02:17:19 talking there is for the serious / knowledgeable people 02:18:25 #monero-reseach-lounge has recently been active with both signal and noise 02:19:06 is qubic still happening? 02:19:24 meetings are held in -lab every Wed 1700 UTC 02:19:45 oh ok 02:20:25 agent314: they haven't gone away. 02:20:26 this is a quiet time for activity here 02:21:34 what is the real danger of cubic? like have there been cases of a coin like this just losing all its value? 02:21:59 i'm assuming if someone holds >50% control they can just give themselves money essentially 02:22:14 and that means xmr becomes worthless 02:22:28 not quite, they will get all the emissions, would be able to censor transactions, etc 02:22:53 nioc: sorry, what's going on? quiet time? 02:23:06 here on irc / matrix 02:23:13 this time of day 02:24:02 Cat is enjoying the heat from the mining rigs 02:24:53 how many kh/s are you pulling if i can ask? 02:25:00 is there a link abouto quiet time so i can see what it means and when it's happening? 02:25:11 i'm thoroughly confused 02:25:28 I mean many people are sleeping rn :) 02:25:44 you can still talk here lOL 02:25:58 I usually sleeping at this time 02:28:01 what q is doing is selfish mining 3x/week not constantly 02:28:46 that is where the orphans come from and this time 1/2 the time they were the ones being orphaned 02:30:11 they try new strategies 02:30:35 all that hashpower is expensive to rent tho. 02:31:07 i wonder how much of it they actually control vs rent. 02:31:46 they get people to mine for them by paying extra and they boost the HR which also costs 02:32:05 they have $ from prior scams 02:32:31 and probably some investors for this one 02:33:51 whats the end goal tho? if they drive the price into the ground, collecting the emissions isn't going to be profitable unless it is legit a slash and burn squeeze everything we can from it while it dies kind of situation 02:35:22 some say publicity for their coin, it's at least a part of it 02:37:57 Cat is willing to give up her rigs for me :D 02:38:01 time for bed 02:39:10 this is not the first time that there has been an attack on monero but this is a more serious one 02:40:09 short term solution is being tested rn which will give time for a long term solution 02:40:29 i need to read more about the finality layer that has been propsed 02:40:41 supposed to use POS in some way shape or form. 02:40:59 short term includes some centralization which is why it is not a long term solution 02:42:27 GN 02:43:31 good night 03:34:49 i know i could get about 1.4 more kh/s out of my desktop if i stopped using it, turned offf the lights, and pretty background and shut down my containers.... but i don't want to lOL 04:04:54 hahah mycotrip 04:05:20 did you tune everything to the max? 04:06:02 i usually build xmrig from scratch on the system to get the most out of it 04:06:21 ill talk about it more i g2g 04:10:34 yea i get the full 8.5 kh/s out of my i7-12700 but its also my main rig. with everything running and me using it still pull 7 kh/s 06:48:00 mycotrip: do you have a videocard? 06:48:39 i found that i can squeeze a few kilohashes by getting the card to mine as well? 06:50:04 I do. a 5070 actually. i haven't tried mining with it tho as i have always heard it wasn't really worth it. 06:50:07 it's not gonna be as dramatic of an increase in efficiency as going from BTC CPU to BTC GPU but it is a computational device and it can be used to give a little bit of a boost 06:50:10 <17lifers:matrix.org> y'all seen dis? https://decrypt.co/335594/crypto-influencer-jailed-for-3-5m-cryptojacking-scheme 06:50:30 mycotrip: you might get like 4-5 kilohashes out of it 06:50:40 maybe 3-5 06:50:53 you'll need to build an xmrig cuda plugin 06:53:53 let me see if i can find it, i had a full install and build script from complete zero to xmrig and xmrig cuda somewere 06:54:53 * agent314 is reading the decrypt article 06:57:02 i've rented a bit of a hash power lately, convinced my self i was doing my part for the cause LOL 07:00:56 yeah i did similar thing with lots of rented machines 07:01:11 its late here. i'm gunna rest. gn 07:01:20 kk ttyl 07:01:30 ill trry to find that setup script 07:01:36 (because i need it too lol) 07:01:44 sick, you can PM it to me. 07:02:00 thanks! 07:02:02 sure 07:18:54 will monero-chan show up irl if I start mining monero? 07:23:38 theres a chance 07:23:59 only if you find a block solo mining 07:24:37 ah ight thanks, will get to it 08:32:41 <17lifers:matrix.org> @danny:sutcliffe.xyz: i hope 😭 08:33:52 <17lifers:matrix.org> +1 bucket list item ._. 08:56:33 what is this POS everyone keeps talking about, already searched but didn't fully understand it. How is it better than POW? 09:02:26 Hi ppl. I was thinking to give more hashing power to home miners rather than server CPU owners. 09:02:26 Can RandomX be reimplemented to use only 1MB L3 cache per thread instead of 2MB? 09:02:26 There are lots of CPUs with 1MB L3 cache per thread which mine with half the power the CPU is able to deliver. E.g: All the APUs from AMD. 09:08:18 <17lifers:matrix.org> @alexandre:uii.pt: its less violent 09:09:34 There is pos and pos based finality layers. 09:10:41 pos is basically similar to pow (/me dodges angry people) except the probability to get a block is in relation to the amount of monero you have instead of the amount of hash rate you have. 09:10:46 https://x.com/c___f___b/status/1961714271433150954 can someone put a bounty , unnecessarily creating rifts 09:11:28 pos is being also talked about as a building block for a finality layer, but aiui it's not an inherent requirement for one. 09:11:53 <17lifers:matrix.org> without pow, u cant xmrig 09:12:06 There are variations, but this is the basic idea. 09:12:28 It's also possible to have a pow and pos hybrid. 09:12:48 pros and cons include; 09:13:37 pow is more accessible: anyone with a computer can start mining, though they'll get very little monero to show for it, and most likely at a loss. 09:14:22 pos means an attacker will lose more by attacking, assuming the value of a coin will go down due to the attack 09:15:24 <17lifers:matrix.org> nobody mines for dirt 09:15:28 <17lifers:matrix.org> lmao 09:15:33 pos means once you 51% the network, you keep it forever, whereas with pow, other hashes can come online (though why they would after a 51% attack in unclear) 09:16:09 the cost to attack the network is thought to be much higher with pos than pow 09:16:28 pos doesn't guzzle up energy 09:17:07 pos can't bootstrap 09:17:42 Others can add more if they can think of others 09:23:42 so... whoever has more xmr gets more xmr 🤔 > pos is basically similar to pow (/me dodges angry people) except the probability to get a block is in relation to the amount of monero you have instead of the amount of hash rate you have. 09:24:51 hmm, i see, but if i understood, if you have a ton of xmr you basically control the network? > pos means an attacker will lose more by attacking, assuming the value of a coin will go down due to the attack 09:26:13 @alexandre:uii.pt: Are no coiners worried. 09:33:05 "whoever has more xmr gets more xmr" yes, it's funny how people fixate in this and can't think past the idea. 09:34:05 Everyone (who stakes) gets +N%, so there's no change really. The price goes down N%, so outsiders get the same % of the money supply for their bitcoin or fiat. 09:34:33 It's like constant devaluation. 09:34:55 It's like a constant stream of tiny devaluations. 09:35:26 "if you have a ton of xmr you basically control the network?" yes, it has the same 51% issue as pow. 15:17:03 The goverment having big reserves of seized monero, would explain why the price 90% of the time goes down during US market hours 15:17:54 It pumps during Asian market hours then dumps like clockwork 15:22:36 have you checked btc's rhythms? 15:23:10 it often follows NASDAQ 15:25:39 There is some link between xmr and btc. Won't go into detail but I can use XMR as a BTC Move indicator 15:30:43 To me it seems that Monero has the lowest correlation coefficent of all crypto, meaning that it’s price movement aren’t as dipendent from the overall market as other coins 15:54:07 Except there is actually an incentive for stake holders to not do a 51% attack in the first place. With qubic though there is no incentive for their miners to stop mining, because the success of monero is irrelevant to them. > pos means once you 51% the network, you keep it forever, whereas with pow, other hashes can come online (though why they would after a 51% attack in unclear) 16:05:12 There is some link between the moon and xmr, I can't go into details but I can use an algorithms that compress random highly random data, and therefore blockchain into a singularity and proceed to quantum orbital simulations 17:35:53 @syntheticbird: Please publish white paper 18:50:35 @ravfx:xmr.mx: Sorry this is top secret technology I can't share it. I can just say this is possible 18:51:31 @syntheticbird: Sure, if you can milk it good to you. 18:51:31 Same for trading algo that work. You leak them and they stop working 18:52:56 Do we actually have an usable IRC bridge now? 18:53:09 like we can DB irc people and they see our images? 18:53:28 And have integrated sed syntax or something 19:11:29 So this v0.18.4.2 version of monerod doesn't do anything against qubic, right? 19:16:46 ravfx new bridge is currently in a few channels 19:17:14 Coming to a channel near you soon!! 19:17:41 eddie correct 19:18:06 we need punish or perish 19:18:15 publish* 19:26:12 punish sergey 20:35:53 nioc: What bridge is that, is it better than the matrix-appservice-irc 20:41:01 meownero 20:41:17 monerowo 20:55:26 ravfx oh, it's in this channel now :) 20:56:28 also in community and the monero research channels 22:11:04 <0xbatuhan:matrix.org> is xmr mining profitable? 22:13:02 Depends on your setup and power costs. 22:13:13 As all mining profit questions are. :) 22:26:06 It looks like getting onboarded with XMR without KYC is going to cost ~$150 due to minimum purchase amounts and markup. Is that generally the case? 22:26:28 Just checking my work before caving and uploading my face to Kraken 22:27:08 Depends on how you want to do it. There's a number of routes available, but most of them require you to have some crypto already. 22:27:13 Yeah 22:27:28 redacted: DFX has good rate with no kyc upto 990 euro 22:27:38 uploading your face? lol 22:27:59 the one thing i've seen is buy LTC, swap LTC for XMR 22:28:01 Liveliness check for KYC, pretty normal stuff. 22:28:14 LTC doesn't have as much KYC 22:28:53 I was shocked how much KYC nicehash has these days :/ Miss the old "Slap in your BTC address and go" 22:29:38 it's all about the crappy crypto regulations 22:29:41 anti-money laundering 22:29:55 Yeh, some travel wallet thing or some crap out of switzerland. 22:30:44 Cindy_: Lol, well, my face is on the ID. Dunno yet if they're going to want a live video scan 22:30:58 where they map out your face 22:31:07 people buy some other normal crypto 22:31:17 where there's less KYC 22:31:27 and then swap it for XMR with another dealer 22:31:34 ah, didn't realize there were different levels of scrutiny 22:31:35 i do't know if that works 22:31:55 There's alot more markets that support non-xmr, and they tend to have lower KYC. 22:32:20 The main issue is washing your input coin before sending it through to something that deals with XMR because it's heavily tracked, and alot of the floating swaps don't like it. 22:37:42 What would be the consequence of that? 22:38:04 getting yourself blacklisted 22:38:09 Shutdown and possible denylisting of your cex accounts and ID. CEX's don't like things going to XMR. 22:38:20 oooh 22:38:22 They really want them to go to other CEX's, no private wallets if they could avoid it. 22:39:02 the order is not coming from the CEXs 22:39:08 it's coming from the governments 22:39:10 like the EU 22:39:16 Possibly fine if I get enough XMR to afford the cost of trade deposits on RetoSwap before they get mad. 22:39:21 True, sorry, I blame the CEX's in general. 22:39:38 But yes, it's the regulatory agencies pushing it on them that're the problem. 22:39:57 i think if CEXs wanted, they wouldn't bother with this shit 22:40:02 because it loses them customers 22:40:09 and gives them more crying ones instead 22:40:25 Probally, that's how it used to be. xD 22:40:33 less customers == less money to buy supply 22:51:36 @eddie:oblak.be: Nothing will be done about Qubic. Sell all your Monero. Remember the black marble attack? https://github.com/monero-project/research-lab/issues/119. 22:51:36 There's been so much talk and discussion, yet no fixes have been implemented over an entire year later. I expect the same inaction to continue with mining centralization. Monero is a ticking time bomb that will explode at any moment now. Long time members like monerobull have already sold their coins, and this is clear evidenc [... too long, see https://mrelay.p2pool.observer/e/_8S0tbAKTUgzelY3 ] 22:53:02 I'm chaserxy, and I've been involved with Monero for around 5 years now. After much contemplation, I decided to sell everything I had invested in Monero and walk away. If you're still holding on, I would advise you to consider doing the same. 22:53:52 So many developers have been messaging me privately, saying that Monero is effectively dead. Some have already jumped ship and are moving on to projects like Zcash or Firo. I predict that we'll be seeing some big announcements soon. 22:54:08 bruh, stfu 22:54:22 I sold all of my monero a long time ago 22:54:45 I know. 22:54:54 And i'm not testing DNS checkpoints, i'm just stalling until qubic gets 51% 22:55:26 Qubic has already gained 51% of the hash rate, according to DataHoarder. 22:55:33 Then we can go POS without any opposition 22:55:37 During one of their marathons. 22:55:46 oh shit, i thought this was a DM 22:56:07 :D 22:56:07 @ofrnxmr:xmr.mx: I don't support PoS, but the fact that so many people have chosen to implement one suggests how severely flawed and dead Monero has become. 22:56:17 > <@chaserene:synod.im> I'm chaserxy, and I've been involved with Monero for around 5 years now. After much contemplation, I decided to sell everything I had invested in Monero and walk away. If you're still holding on, I would advise you to consider doing the same. 22:56:18 I'm spook169 and i also have been invested in monero for "years". given the situation where the highest mkt-cap, most known anti-establishment crypto-money-sys is now mostly price controlled by a psuedo-derivative (who's venue doesn't dislose underlying holdings) would also recommend that all participants in this room should succumb to the fud i am spreading. 22:56:48 If you don't know chaser, you don't know Monero. 22:57:00 checkpoints prevent long reorgs 22:57:03 mostly bc my handlers will never give me field-duty if i don't get something for them from the abs terrible failure that is my ability to communicate online. 22:57:15 @chaser:monero.social ? 22:57:21 @chaserene:synod.im: imagine a team of spooks who most have never seen speak in here before.. 22:57:36 DataHoarder: DataHoarder, I'm done talking. The conversation has gone on for far too long. Monero is dead. 22:57:40 they don't prevent 51%, but remove chaos 22:57:51 @ofrnxmr:xmr.mx: My other accounts got banned for speaking the truth. 22:57:57 answering > 00:54:54 And i'm not testing DNS checkpoints, i'm just stalling until qubic gets 51% 22:58:38 I'm eating ice cream out of the container with a fork 22:58:47 A hard fork 22:59:46 Mmmmm. Hard forks. 22:59:51 @chaserene:synod.im: ur mam was dead after we finished up our date last week too. 23:00:18 It's okay to be mad. I can understand the frustration. 23:00:22 I like the defeatist attitude, nothing will be done :D 23:00:36 Nothing ever happens 23:00:39 lol 23:00:41 is it still a good idea to mine on p2pool? 23:00:45 imagine projecting "emotions" onto peopl on irc. 23:00:48 I recommend buying Zcash to calm down. 23:00:51 is it better to mine on hashvault than not to mine atall? 23:00:54 agent314: Sell and buy Zcash. 23:01:01 Don't mine. The math doesn't work out. 23:01:03 I can’t wait for Monero to go the way of GRIN. 23:01:03 This is fucking chilling. 23:01:07 guys, check the the Matrix account name: @chaserene:synod.im. this chaser is trying to impersonate me. 23:01:19 @chaser: we know 23:01:22 @chaser: This chaser is fake I can sign PGP proving its me. 23:01:29 My accounts got banned and hacked. 23:01:30 agent314: yep, mine on p2pool 23:01:30 @chaserene:synod.im: Please do 23:01:39 @chaserene:synod.im: Also send nudes 23:01:48 I know what chaser looks like naked 23:01:52 ofrnxmr all talk and scamming. 23:02:22 @chaserene:synod.im: Talk isnt cheap 23:02:28 for xmr to be "ded" they're sure taking a long time to prove it. 23:02:52 are we getting attacked by dumbic? 23:03:00 @goodboy:matrix.org: You'll regret not selling! 23:03:02 still? 23:03:09 imagine having perps that can't even push down the underlying despite a fud campaign 😂 23:03:12 I'm going to tweet from my real X account to prove my account is the real one. Hold on. > <@chaserene:synod.im> This chaser is fake I can sign PGP proving its me. 23:03:25 agent314: the shorts for some people have to print 23:03:27 will the real chaser please stand up 23:03:31 agent314: Yes and they won't stop for months. 23:03:41 01:01:07 guys, check the the Matrix account name: @chaserene:synod.im. this chaser is trying to impersonate me. 23:03:45 it's very visible on IRC :D 23:03:45 @chaserene:synod.im: why would i not "sell" i buy and sell all the time. 23:03:54 http://x.com/chaserxy 23:03:54 I tweeted. 23:04:07 Jokes on you - none of us own any monero > <@chaserene:synod.im> You'll regret not selling! 23:04:09 Too many colours on my screen /s xD 23:04:20 @chaserene:synod.im: explain to me how it's "ded", go. 23:04:24 besides a narrative, go. 23:04:35 I don't need to explain you'll see when the price drops to $0 after Qubic double spends. 23:04:48 did you tweet? :D 23:05:00 tell your handler i took at bath with his aunt while you're at it. 23:05:07 DataHoarder: Yes do you see it? 23:05:08 my Cat calls the shots and she remains unconcerned, therefore we are not selling 23:05:14 I'll post the link. 23:05:22 link the tweet. you might be being limited by X profile :) 23:05:25 Cats are the superior decision makers, this is true. 23:05:29 @plowsof:matrix.org @banhammer:matrix.org I'm being impersonated by @chaserene:synod.im. please ban them. 23:05:31 @chaserene:synod.im: i don't need to explain that you predicting will definitely be wrong. 23:05:34 I’ve decided. It took me this long to realize, but it’s official. 23:05:34 I am going to release my rough draft of a proposed upgrade to Monero, intended to release post FCMP. The changes it makes are drastic, but necessary. Not just for this Qubic issue (which tbh isn’t rly an issue on its own) but for the deeper issues that make Monero unusable at any meaningful scale. 23:05:37 is qubic.org the official site? 23:05:43 @chaser: Don't ban this is the fake chaser. 23:05:46 bc you clearly don't know anything about prediction, to be someone who predicts anything. 23:05:52 plowsof I've been here for 5 years you know me well. 23:06:11 there's like a bunch of impersonators that ive seen or heard of them as being such on x 23:06:14 lmfao 23:06:17 @chaserene:synod.im: oh really? then who is this, you Qubic shill? 23:06:27 oh man. spooktown must be hiring like total dropouts now eh? 23:06:29 @chaserene:matrix.org: I never said to buy Qubic. 23:06:34 See you're the fake chaser. 23:06:35 i like this, this is like war energy 23:06:39 war war war war war! 23:06:45 lol 23:06:53