6 Best Bitcoin Mining Software (That Work) in 2020 ...

Ravencoin Open Developer Meeting - 1/4/2019

[14:04] Hi everyone! [14:04] :dabbitwave: [14:04] Hey Everybody! [14:04] Hello 😃 [14:04] Sorry we're getting started a bit late. [14:04] Topics: SLC Meetup (March 15th) [14:04] 👋 [14:04] Roadmap breakdown - posted to github [14:05] IPFS (integration) [14:05] greetings 👋 [14:05] So, SLC Meetup on the 15th! [14:05] Great! [14:05] Hi! [14:06] Hi all — a special thanks to the developers and congratulations on an amazing first year!!! # [14:06] <[Dev] Blondfrogs> Hello Everyone! [14:07] We have a tentative agenda with @Tron , @corby speaking. [14:08] We would like to have nice walkthrough of the Raven DevKit for the meetup. [14:08] We are planning on hosting a meetup in SLC at the Overstock building on March 15th from 6:00pm-9:00pm. It is free admission, but there is a page on meetup.com where people can rsvp so that we have a somewhat accurate headcount for food. [14:08] sup guys [14:08] hey russ [14:09] We are planning on having a few speakers and have allotted a bit of time at the end for people to meet and greet each other. [14:09] can you guys link us to the page somewhere when thats available? 😄 [14:10] free food?! [14:10] todays topic? [14:10] yeah can we indicate pepperoni pizza [14:10] Sounds good to me @Jeroz Nothing ordered yet though. 😃 [14:10] only pepperoni pizza is served at true blockchain meetings right [14:10] :blobhide: [14:10] Absolutely. The itinerary just needs to be finalized and then I'll make a broad post about the rest of the details. [14:11] https://www.meetup.com/Salt-Lake-City-salt-lake-city-Meetup/ [14:11] 😭 so far away [14:11] West Coast! [14:11] @MTarget But there's pizza, so worth the travel time. [14:11] lol [14:12] I'll be watching the stream if its available since i'm from montreal/canada 😛 [14:12] Ah yes, I love $300 pizza 😉 [14:12] as long as I get to see your smiling faces @Tron @RavencoinDev then it's worth the time [14:12] We'll be there. [14:12] We'll be messaging additional details as they get finalized. [14:12] Greeting and salutations! [14:12] sup [14:13] Hey, $300 is considerably cheaper than 2 $3,700,000 pizzas. [14:14] Ok, switching topics... [14:14] yeah its a way to fly, [14:14] question is whether those piza's will be paid for in RVN coin or not :ThinkBlack: [14:14] Roadmap [14:14] It hasn't changed, just added some detail. [14:14] https://github.com/RavenProject/Ravencoin/tree/masteroadmap [14:15] nice [14:15] This now links to a breakdown for messaging, voting, anti-spam, and rewards (dividends) [14:15] will there be any additional RPC functionality coming in the future, thinking in terms of some functions that are only available in ravencore-lib [14:15] apologies if now is not time to ask questions, i can wait for later [14:15] "Phase 7 - Compatibility Mode" - that's new 😮 [14:15] The protocol for messaging is pretty well established, but the rest isn't in stone (code) yet. [14:16] can you give us details on compatibility mode? [14:16] In broad brush strokes. [14:17] The idea is to allow ravend to act as a daemon that looks like a single coin. [14:17] so ravend that only works with the bitcoin asset? [14:18] interesting [14:19] So you start it with an option to only work with a single asset/token account or something? [14:19] hmm compelling what is the reason for this? some kind of scale or performance? [14:19] ^ [14:19] Example: Configure ravend to listen for transfer RPC call for senttoaddress or sendfrom, but for a specific asset. This would allow easy integration into existing system for assets. [14:20] Only the daemon or the whole wallet UI? [14:20] yeah thats great, rpc functions dont allow us to do this yet, if i recall [14:20] or at least we depend more on ravencore lib [14:20] so like asset zmq [14:20] that's smart [14:20] @Tron it also sounds like it makes our life easier working with RPC, instead of core all the time for some functionality [14:21] if i understand correctly anyways [14:21] So you could run numerous instances of ravend each on their own network and RPC port, each configured for a different asset. You would need some balance of RVN in each one to cover transaction fees, then. [14:21] id be curious to know what all the advantages are of this [14:21] one more question, how would i decentralize the gateway between bitcoin mainnet/ravencoin mainnet? in the current RSK implementation they use a federated gateway, how would we avoid this? [14:21] it sounds neato [14:21] Just the daemon. The alternative is to get exchanges to adapt to our RPC calls for assets. It is easier if it just looks like Bitcoin, Litecoin or RVN to them, but it is really transferring FREE_HUGS [14:22] That makes sense. Should further increased exchange adoption for each asset. [14:22] hmm yeah its just easier for wallet integration because its basically the same as rvn and bitcoin but for a specific asset [14:22] so this is in specific mind of exchange listings for assets i guess [14:23] if i understand rightly [14:23] @traysi Gut feel is to allow ravend to handle a few different assets on different threads. [14:23] Are you going to call it kawmeleon mode? [14:23] Lol [14:23] I read that as kaw-melon mode. [14:24] same lol [14:24] so in one single swoop it possible to create a specific wallet and server daemon for specific assets. great. this makes it easier for exchanges, and has some added advantages with processing data too right? [14:24] Still keeping a RVN balance in the wallet, as well, Tron. How will that work is sendtoaddress sends the token instead of the RVN? A receive-RVN/send tokens-only wallet? [14:25] @traysi Yes [14:25] sendtoaddress on the other port (non RVN port) would send the asset. [14:25] This will be a hugely useful feature. [14:25] ^ [14:26] @Tron currently rpc function not support getaddresses senttowallet and this has to be done in ravencore lib, will this change you propose improve this situation [14:26] Config might look like {"port":2222, "asset":"FREE_HUGS", "rpcuser":"hugger", "rpcpass":"gi3afja33"} [14:26] how will this work cross-chain? [14:28] @push We'd have to go through the rpc calls and work out which ones are supported in compatibility mode. Obviously the mining ones don't apply. And some are generic like getinfo. [14:28] ok cool 👍 cheers [14:29] for now we continue using ravencore lib for our plans to keep track i just wondering if better way [14:29] as we had some issue after realising no rpc function for getting addresses of people who had sent rvn [14:29] @push | ravenland.org all of the node explorer and ravencore-lib functionality is based on RPC (including the addressindex-related calls). Nothing you can't do with RPC, although I'm not sure of the use cases you're referring to.. [14:29] interesting, so ravencore lib is using getrawtransaction somehow [14:29] i thought this may be the case [14:29] that is very useful thankyou for sharing this [14:30] look into addressindex flag and related RPC calls for functions that operate on addresses outside your wallet [14:30] thank you that is very useful, tbh i am not very skilled programmer so just decoding the hex at the raven-cli commandline was a challenge, i shall look more into this, valued information thanks as this was a big ? for us [14:31] Ok, things have gone quiet. New topic. [14:31] IPFS (integration) [14:31] GO [14:33] ... [14:33] <[Dev] Blondfrogs> So, we have been adding ipfs integration into the wallet for messaging. This will allow the wallets to do some pretty sweet stuff. For instance, you will be able to create your ipfs data file for issuing an asset. Push it to ipfs from the wallet, and add the hash right into the issuance data. This is going to allow for a much more seamless flow into the app. [14:34] <[Dev] Blondfrogs> This ofcourse, will also allow for users to create messages, and post them on ipfs and be able to easily and quickly format and send messages out on the network with ipfs data. [14:34] It will also allow optional meta-data with each transaction that goes in IPFS. [14:34] will i be able to view ipfs images natively in the wallet? [14:34] <[Dev] Blondfrogs> Images no [14:34] We discussed the option to disable all IPFS integration also. [14:35] @russ (kb: russkidooski) Probably not. There's some risk to being an image viewer for ANY data. [14:35] No option in wallet to opt into image viewing? [14:35] cool so drag and drop ipfs , if someone wanted to attach an object like an image or a file they could drag drop into ui and it create hash and attach string to transaction command parameters automatically [14:35] We could probably provide a link -- with a warning. [14:35] nomore going to globalupload.io [14:35] :ThinkBlack: [14:35] I understand that the wallet will rely on globalupload.io. (phase 1). Is it not dangerous to rely on an external network? Or am I missing something? [14:36] hmm [14:36] interesting, i suppose you could hash at two different endpoints and compare them [14:36] if you were that worried [14:36] and only submit one to the chain [14:36] You will be able to configure a URL that will be used as an IPFS browser. [14:36] Oh ic [14:36] you wont flood ipfs because only one hash per unique file [14:36] <[Dev] Blondfrogs> There are multiple options for ipfs integration. We are building it so you can run your own ipfs node locally. [14:36] <[Dev] Blondfrogs> or, point it to whatever service you would like. e.g. cloudflare [14:36] this is very cool developments, great to see this [14:37] Just like the external block explorer link currently in preferences. [14:37] @[Dev] Blondfrogs what about a native ipfs swarm for ravencoin only? [14:37] We have discussed that as an option. [14:37] @push | ravenland.org Considering having a fallback of upload through globalupload.io and download through cloudflare. [14:37] <[Dev] Blondfrogs> @russ (kb: russkidooski) We talked about that, but no decisions have been made yet. [14:37] yeah, i would just use two endpoints and strcompare the hash [14:37] as long as they agree good [14:37] submit tran [14:38] else 'potentially mysterious activity' [14:38] ? [14:38] if you submitted the file to ipfs api endpoints [14:38] Will the metadata just be a form with text only fields? [14:39] and then you would get 2 hashes, from 2 independent services [14:39] that way you would not be relying on a central hash service [14:39] and have some means of checking if a returned hash value was intercepted or transformed [14:39] i was answering jeroz' question [14:40] about relying on a single api endpoint for upload ipfs object [14:40] We have also kicked around the idea of hosting our own JSON only IPFS upload/browse service. [14:41] I have a service like this that is simple using php [14:41] we only use it for images right now [14:41] but fairly easy to do [14:41] Yup [14:42] Further questions about IPFS? [14:43] contract handling? file attach handling? or just text fields to generate json? [14:44] trying to get an idea of what the wallet will offer for attaching data [14:44] Probably just text fields that meet the meta-data spec. [14:44] ok noted [14:44] What do you mean by contract handling @sull [14:45] We won't prevent other hashes from being added. [14:45] asset contract (pdf etc) hash etc [14:45] <[Dev] Blondfrogs> also, being able to load from a file [14:45] got it, thanks [14:47] Let's do some general Q&A [14:48] Maybe just a heads up or something to look for in the future but as of right now, it takes roughly 12 hours to sync up the Qt-wallet from scratch. Did a clean installation on my linux PC last night. [14:48] Any plans or discussions related to lack of privacy of asset transfers and the ability to front run when sending to an exchange? [14:48] ^ [14:48] Is there a way to apply to help moderate for example the Telegram / Discord, i spend alot of time on both places, sometimes i pm mods if needed. [14:49] Any developed plans for Asset TX fee adjustment? [14:49] also this^ [14:49] @mxL86 We just created a card on the public board to look into that. [14:49] General remark: https://raven.wiki/wiki/Development#Phase_7_-_Compatible_Mode = updated reflecting Tron's explanation. [14:49] @mxL86 That's a great question. We need to do some profiling and speed it up. I do know that the fix we added from Bitcoin (that saved our bacon) slowed things down. [14:50] Adding to @mxL86 the sync times substantially increased coinciding with the asset layer activation. Please run some internal benchmarks and see where the daemon is wasting all its cycles on each block. We should be able to handle dozens per second but it takes a couple seconds per block. [14:50] @BW__ no plans currently for zk proofs or anything if that's what you're asking [14:50] You are doing a great job. Is there a plan that all this things (IPFS) could be some day implemented in mobile wallet? Or just in QT? [14:50] i notice also that asset transactions had some effect on sync time as we were making a few. Some spikes i not analysed the io and cpu activity properly but will if there is interest [14:51] we are testing some stuff so run into things i am happy to share [14:51] @BW__ Might look at Grin and Beam to see if we can integrate Mimble Wimble -- down the road. [14:51] yeees [14:51] @J. | ravenland.org work with the telegram mods. Not something the developers handle. [14:51] i love you [14:51] @J. | ravenland.org That would be best brought up with the operators/mods of teh telegram channel. [14:51] @corby @Tron thnx [14:51] @S1LVA | GetRavencoin.org we're planning on bumping fees to... something higher! [14:51] no catastrophic failures, just some transaction too smals, and mempool issues so far, still learning [14:52] @corby i thought that this may happen :ThinkBlack: [14:52] @corby x10? 100x? 1000x? Ballpark? [14:52] Definitely ballpark. [14:52] 😃 [14:52] 😂 [14:52] Is a ballpark like a googolplex? [14:53] @push | ravenland.org asset transactions are definitely more expensive to sync [14:53] yes yes they are [14:53] they are also more expensive to make i believe [14:53] 10,000x! [14:53] as some sync process seems to occur before they are done [14:53] @traysi ★★★★★ thanks for the suggestions we are going to be looking at optimizations [14:53] But, it is way slower than we like. Going to look into it. [14:53] i do not understand fully its operation [14:53] 1000x at minimum in my opinion [14:53] its too easy to spam the network [14:54] yes there has been some reports of ahem spam lately [14:54] :blobhide: [14:54] 😉 [14:54] cough cough ravenland [14:54] @russ (kb: russkidooski) we're in agreement -- it's too low [14:54] default fee 0.001 [14:54] ^ something around here [14:54] @corby yep we all are i think [14:55] waaay too low [14:55] meaningful transactions start with meaningful capital expense [14:55] though there is another scenario , there are some larger volume, more objective rich use cases of the chain that would suffer considerably from that [14:55] just worth mentioning, as i have beeen thinking about this a lot [14:55] there are some way around, like i could add 1000 ipfs hashes to a single unique entity, i tested this and it does work [14:56] @russ (kb: russkidooski) What would you suggest. [14:57] I had a PR for fee increase and push back. [14:57] Ignore the push back. 0.001 RVN is not even a micro-farthing in fiat terms [14:57] definitely around 1000x [14:57] Vocal minority for sure [14:57] ^ yep [14:57] @russ (kb: russkidooski) That sounds reasonable. [14:57] Couple hundred Fentons [14:58] right now an asset transaction is 0.01 of a penny essentially [14:58] 1 RVN would work now, but not when RVN is over $1. [14:58] yes exactly [14:58] Hi. Late to the party. [14:58] We are also talking about a min fee. The system will auto-adapt if blocks fill up. [14:58] im thinking tron, some heavy transaction use cases would fall out of utility use if that happened [14:58] so whats the thinking there [14:59] is there a way around the problem, bulked ipfs hash transactions? [14:59] 1000x would put us around btc levels [14:59] maybe a minimum 500x? [14:59] @russ (kb: russkidooski) Agreed. [14:59] <[Dev] Blondfrogs> It is time to wrap it up here. Everyone. Thank you all for your questions and thoughts. We will be back in 2 weeks. 😃 [14:59] Small increase and review. [14:59] Thanks all! [14:59] Cheers. [15:00] yeah sorry for 1 million questions guys hope i didnt take up too much time [15:00] cheers all 👍 [15:00] Thanks everyone [15:00] Thanks everyone for participating!!! [15:00] That is what we are here for [15:00] 100x-500x increase, 1000x maximum [15:00] 🍺

submitted by Chatturga to Ravencoin [link] [comments]

The Strange Birth & History of Monero, Part IV: Monero "as it is now"

You can read here part III.
You can read this whole story translated into Spanish here
This is part IV, the last but not least.
Monero - A secure, private, untreceable cryptocurrency
https://bitcointalk.org/index.php?topic=583449.0
Notable comments in this thread:
-201: “I would like to offer 1000 MRO to the first person who creates a pool”
(https://bitcointalk.org/index.php?topic=583449.msg6422665#msg6422665)
[tacotime offers bounty to potential pool developer. Bytecoin devs haven’t released any code for pools, and the only existent pool, minergate (in the future related to BCN interests) was closed source]
-256: “Adam back seems to like CryptoNote the better than Zerocash https://twitter.com/adam3us/status/453493394472697856”
(https://bitcointalk.org/index.php?topic=583449.msg6440769#msg6440769)
-264: “update on pools: The NOMP guy (zone117x) is looking to fork his open source software and get a pool going, so one should hopefully be up soon.”
(https://bitcointalk.org/index.php?topic=583449.msg6441302#msg6441302)
-273: “Update on GUI: othe from VertCoin has notified me that he is working on it.”
(https://bitcointalk.org/index.php?topic=583449.msg6442606#msg6442606)
-356: “Everyone wanting a pool, please help raise a bounty with me here:
https://bitcointalk.org/index.php?topic=589533.0
And for the GUI:
https://bitcointalk.org/index.php?topic=589561.0”
(https://bitcointalk.org/index.php?topic=583449.msg6461533#msg6461533)
[5439 MRO + 0.685 BTC + 5728555.555 BCN raised for pool and 1652 XMR, 121345.46695471 BCN for the GUI wallet. Though this wallet was "rejected" as official GUI because wallet still has to be polished before building a GUI]
-437: “Yes, most Windows users should see a higher hashrate with the new build. You can thank NoodleDoodle. ”
(https://bitcointalk.org/index.php?topic=583449.msg6481202#msg6481202)
-446: “Even faster Windows binaries have just been uploaded. Install for more hash power! Once again, it was NoodleDoodle.”
(https://bitcointalk.org/index.php?topic=583449.msg6483680#msg6483680)
-448: “that almost doubled my hashrate again! GREAT STUFF !!!”
(https://bitcointalk.org/index.php?topic=583449.msg6484109#msg6484109)
-461: “Noodle only started optimization today so there may be gains for your CPU in the future.”
(https://bitcointalk.org/index.php?topic=583449.msg6485247#msg6485247)
[First day of miner optimization by NoodleDoodle, it is only May 1st]
-706: “The unstoppable NoodleDoodle has optimized the Windows build again. Hashrate should more than double. Windows is now faster than Linux. :O”
(https://bitcointalk.org/index.php?topic=583449.msg6549444#msg6549444)
-753: “i here tft is no longer part of the project. so is he forking or relaunching bytecoin under new name and new parameters (merged mining with flatter emission curve.) also. what is the end consensus for the emission curve for monero. will it be adjusted."
(https://bitcointalk.org/index.php?topic=583449.msg6561345#msg6561345)
[May, 5th 2014. TFT is launching FANTOMCOIN, a clone coin which its "only" feature was merged mining]
-761: (https://bitcointalk.org/index.php?topic=583449.msg6561941#msg6561941) [May, 5th 2014 – eizh on emission curve and tail emission]
-791: “As promised, I did Russian translation of main topic.”
(https://bitcointalk.org/index.php?topic=583449.msg6565521#msg6565521)
[one among dozens of decentralized and “altruist” collaborators of Monero in minor tasks]
-827: image
(https://bitcointalk.org/index.php?topic=583449.msg6571652#msg6571652)
-853: (https://bitcointalk.org/index.php?topic=583449.msg6575033#msg6575033)
[some are not happy that NoodleDoodle had only released the built binaries, but not the source code]
-950: (https://bitcointalk.org/index.php?topic=583449.msg6593768#msg6593768)
[Rias, an account suspected to be related to the Bytecoin scam, dares to tag Monero as “instamine”]
-957: “It's rather bizarre that you're calling this an "instamine" scam when you're so fervently supporting BCN, which was mined 80% before entering the clearnet. Difficulty adjustments are per block, so there is no possibility of an instamine unless you don't publish your blockchain (emission is regular at the preset interval, and scales adequately with the network hash rate). What you're accusing monero of is exactly what ByteCoin did.”
https://bitcointalk.org/index.php?topic=583449.msg6594025#msg6594025
[Discussion with rias drags on for SEVERAL posts]
-1016: “There is no "dev team". There is a community of people working on various aspects of the coin.
I've been keeping the repo up to date. NoodleDoodle likes to optimise his miner. TFT started the fork and also assists when things break. othe's been working on a GUI. zone117x has been working on a pool.
It's a decentralized effort to maintain the fork, not a strawman team of leet hackers who dwell in the underbellies of the internet and conspire for instamines.”
(https://bitcointalk.org/index.php?topic=583449.msg6596828#msg6596828)
-1023: “Like I stated in IRC, I am not part of the "dev team", I never was. Just so happens I took a look at the code and changed some extremely easy to spot "errors". I then decided to release the binary because I thought MRO would benefit from it. I made this decision individually and nobody else should be culpable”
(https://bitcointalk.org/index.php?topic=583449.msg6597057#msg6597057)
[Noodledoodle gets rid of the instaminer accusations]
-1029: “I decided to relaunch Monero so it will suit all your wishes that you had: flatter emission curve, open source optimized miner for everybody from the start, no MM with BCN/BMR and the name. New Monero will be ready tomorrow”
(https://bitcointalk.org/index.php?topic=583449.msg6597252#msg6597252)
[people trying to capitalize mistakes is always there.]
-1030: "Pull request has been submitted and merged to update miner speed
It appears from the simplicity of the fix that there may have been deliberate crippling of the hashing algorithm from introduction with ByteCoin."
https://bitcointalk.org/index.php?topic=583449.msg6597460#msg6597460
[tacotime “officially” raises suspects of possible voluntarily crippled miner]
-1053: "I don't mind the 'relaunch' or the merge-mining fork or any other new coin at all. It's inevitable that the CryptoNote progresses like scrypt into a giant mess of coins. It's not undesirable or 'wrong'. Clones fighting out among themselves is actually beneficial for Monero. Although one of them is clearly unserious and trolling by choosing the same name.
Anyway, this sudden solidarity with BCN or TFT sure is strange when none of these accounts were around for the discussions that took place 3 weeks ago. Such vested interests with no prior indications. Hmm...? "
https://bitcointalk.org/index.php?topic=583449.msg6599013#msg6599013
[eizh points out the apparent organized fudding]
-1061: "There was no takeover. The original developer (who himself did a fork of bytecoin and around a dozen lines of code changes) was non-responsive and had disappeared. The original name had been cybersquatted all over the place (since the original developer did not even register any domain name much less create a web site), making it impossible to even create a suitably named web site. A bunch of us who didn't want to see the coin die who represented a huge share of the hash power and ownership of the coin decided to adopt it. We reached out to the original developer to participate in this community effort and he still didn't respond over 24 hours, so we decided to act to save the coin from neglect and actively work toward building the coin."
(https://bitcointalk.org/index.php?topic=583449.msg6599798#msg6599798)
[smooth defends legitimacy of current “dev team” and decisions taken]
-1074: “Zerocash will be announced soon (May 18 in Oakland? but open source may not be ready then?).
Here is a synopsis of the tradeoffs compared to CyptoNote: […]"
(https://bitcointalk.org/index.php?topic=583449.msg6602891#msg6602891)
[comparison among Zerocash y Cryptonote]
-1083: "Altcoin history shows that except in the case of premine (Tenebrix), the first implementation stays the largest by a wide margin. We're repeating that here by outpacing Bytecoin (thanks to its 80% mine prior to surfacing). No other CN coin has anywhere near the hashrate or trading volume. Go check diff in Fantom for example or the lack of activity in BCN trading.
The only CN coin out there doing something valuable is HoneyPenny, and they're open source too. If HP develops something useful, MRO can incorporate it as well. Open source gives confidence. No need for any further edge."
(https://bitcointalk.org/index.php?topic=583449.msg6603452#msg6603452)
[eizh reminds everyone the “first mover” advantage is a real advantage]
-1132: "I decided to tidy up bitmonero GitHub rep tonight, so now there is all valuable things from latest BCN commits & Win32. Faster hash from quazarcoin is also there. So BMR rep is the freshest one.
I'm working on another good feature now, so stay tuned."
(https://bitcointalk.org/index.php?topic=583449.msg6619738#msg6619738)
[first TFT apparition in weeks, he somehow pretends to still be the "lead dev"]
-1139: "This is not the github or website used by Monero. This github is outdated even with these updates. Only trust binaries from the first post."
(https://bitcointalk.org/index.php?topic=583449.msg6619971#msg6619971)
[eizh tries to clarify the community, after tft interference, which are the official downloads]
-1140: “The faster hash is from NoodleDoodle and is already submitted to the moner-project github (https://github.com/monero-project/bitmonero) and included in the binaries here.
[trying to bring TFT back on board] It would be all easier if you just work together with the other guys, whats the problem? Come to irc and talk like everyone else?
[on future monero exchangers] I got confirmation from one."
(https://bitcointalk.org/index.php?topic=583449.msg6619997#msg6619997)
[8th may 2014, othe announces NoodleDoodle optimized miner is now open source, asks TFT to collaborate and communicates an exchanger is coming]
-1146: "I'll be impressed if they [BCN/TFT shills] manage to come up with an account registered before January, but then again they could buy those.”
(https://bitcointalk.org/index.php?topic=583449.msg6620257#msg6620257)
[smooth]
-1150: “Ring signatures mean that when you sign a transaction to spend an output (coins), no one looking at the block chain can tell whether you signed it or one of the other outputs you choose to mix in with yours. With a mixing factor of 5 or 10 after several transactions there are millions of possible coins all mixed together. You get "anonymity" and mixing without having to use a third party mixer.”
(https://bitcointalk.org/index.php?topic=583449.msg6620433#msg6620433)
[smooth answering to “what are ring signatures” in layman terms]
-1170: "Someone (C++ skilled) did private optimized miner a few days ago, he got 74H/s for i5 haswell. He pointed that mining code was very un-optimized and he did essential improvements for yourself. So, high H/S is possible yet. Can the dev's core review code for that?"
(https://bitcointalk.org/index.php?topic=583449.msg6623136#msg6623136)
[forums are talking about an individual or group of individuals with optimized miners - may 9th 2014]
-1230: "Good progress on the pool reported by NOMP dev zone117x. Stay tuned, everyone.
And remember to email your favorite exchanges about adding MRO."
(https://bitcointalk.org/index.php?topic=583449.msg6640190#msg6640190)
-1258: "This is actually as confusing to us as you. At one point, thankful_for_today said he was okay with name change: https://bitcointalk.org/index.php?topic=563821.msg6368600#msg6368600
Then he disappeared for more than a week after the merge mining vote failed.”
(https://bitcointalk.org/index.php?topic=583449.msg6645981#msg6645981)
[eizh on the TFT-issue]
-1358: “Jadehorse: registered on 2014-03-06 and two pages of one line posts:
https://bitcointalk.org/index.php?action=profile;u=263597
https://bitcointalk.org/index.php?action=profile;u=263597;sa=showPosts
Trustnobody: registered on 2014-03-06 and two pages of one line posts:
https://bitcointalk.org/index.php?action=profile;u=264292
https://bitcointalk.org/index.php?action=profile;u=264292;sa=showPosts
You guys should really just stop trying. It is quite transparent what you are doing. Or if you want to do it, do it somewhere else. Everyone else: ignore them please."
(https://bitcointalk.org/index.php?topic=583449.msg6666844#msg6666844)
[FUD campaign still ongoing, smooth battles it]
-1387: "The world’s first exchange for Monero just opened! cryptonote.exchange.to"
(https://bitcointalk.org/index.php?topic=583449.msg6675902#msg6675902)
[David Latapie announces an important milestone: exchanger is here]
-1467: "image"
(https://bitcointalk.org/index.php?topic=583449.msg6686125#msg6686125)
[it is weird, but tft appears again, apparently as if he were in a parallel reality]
-1495: “http://monero.cc/blog/monero-price-0-002-passed/”
(https://bitcointalk.org/index.php?topic=583449.msg6691706#msg6691706)
[“trading” milestone reached: monero surpassed for first time 0.002 btc price]
-1513: "There is one and only one coin, formerly called Bitmonero, now called Monero. There was a community vote in favor (despite likely ballot stuffing against). All of the major stakeholders at the time agreed with the rename, including TFT.
The code base is still called bitmonero. There is no reason to rename it, though we certainly could have if we really wanted to.
TFT said he he is sentimental about the Bitmonero name, which I can understand, so I don't think there is any malice or harm in him continuing to use it. He just posted the nice hash rate chart on here using the old name. Obviously he understands that they are one and the same coin."
(https://bitcointalk.org/index.php?topic=583449.msg6693615#msg6693615)
[Smooth clears up again the relation with TFT and BMR. Every time he appears it seems to generate confusion on newbies]
-1543: "Pool software is in testing now. You can follow the progress on the pool bounty thread (see original post on this thread for link)."
(https://bitcointalk.org/index.php?topic=583449.msg6698097#msg6698097)
-1545: "[on the tail emission debate] I've been trying to raise awareness of this issue. The typical response seems to be, "when Bitcoin addresses the problem, so will we." To me this means it will never be addressed. The obvious solution is to perpetually increase the money supply, always rewarding miners with new coins.
Tacotime mentioned a hard fork proposal to never let the block reward drop below 1 coin:
Code: if (blockReward < 1){ blockReward = 1; }
I assume this is merely delaying the problem, however. I proposed a fixed annual debasement (say 2%) with a tx fee cap of like 0.001% of the current block reward (or whatever sounds reasonable). That way we still get the spam protection without worrying about fee escalation down the road."
(https://bitcointalk.org/index.php?topic=583449.msg6698879#msg6698879)
[Johnny Mnemonic wants to debate tail emission. Debate is moved to the “Monero Economy” thread]
-1603: “My GOD,the wallet is very very wierd and too complicated to operate, Why dont release a wallet-qt as Bitcoin?”
(https://bitcointalk.org/index.php?topic=583449.msg6707857#msg6707857)
[Newbies have hard times with monero]
-1605: "because this coin is not a bitcoin clone and so there isnt a wallet-qt to just copy and release. There is a bounty for a GUI wallet and there is already an experimental windows wallet..."
(https://bitcointalk.org/index.php?topic=583449.msg6708250#msg6708250)
-1611: "I like this about Monero, but it seems it was written by cryptographers, not programmers. The damned thing doesn't even compile on Arch, and there are several bugs, like command history not working on Linux. The crypto ideas are top-notch, but the implementation is not."
(https://bitcointalk.org/index.php?topic=583449.msg6709002#msg6709002)
[Wolf0, a miner developer, little by little joining the community]
-1888: "http://198.199.79.100 (aka moneropool.org) successfully submitted a block. Miners will be paid for their work once payments start working.
P.S. This is actually our second block today. The first was orphaned. :/"
(https://bitcointalk.org/index.php?topic=583449.msg6753836#msg6753836)
[May 16th: first pool block]
-1927: "Botnets aren't problem now. The main problem is a private hi-performance miner"
(https://bitcointalk.org/index.php?topic=583449.msg6759622#msg6759622)
-1927: "Evidence?"
(https://bitcointalk.org/index.php?topic=583449.msg6759661#msg6759661)
[smooth about the private optimized miner]
-1937: “[reference needed: smooth battling the weak evidence of optimized miner] Yes, I remember that. Some person on the Internet saying that some other unnamed person said he did something hardly constitutes evidence.
I'm not even doubting that optimized asm code could make a big difference. Just not sure how to know whether this is real or not. Rumors and FUD are rampant, so it is just hard to tell."
(https://bitcointalk.org/index.php?topic=583449.msg6760040#msg6760040)
[smooth does not take the "proof" seriously]
-1949: "image
One i5 and One e5 connected to local pool:
image"
(https://bitcointalk.org/index.php?topic=583449.msg6760624#msg6760624)
[proof of optimized miner]
-1953: "lazybear are you interested in a bounty to release the source code (maybe cleaned up a bit?) your optimized miner? If not, I'll probably play around with the code myself tomorrow and see if I can come up with something, or maybe Noodle Doodle will take an interest."
(https://bitcointalk.org/index.php?topic=583449.msg6760699#msg6760699)
[smooth tries to bring lazybear and his optimized miner on board]
-1957: "smooth, NoodleDoodle just said on IRC his latest optimizations are 4x faster on Windows. Untested on Linux so far but he'll push the source to the git repo soon. We'll be at 1 million network hashrate pretty soon."
(https://bitcointalk.org/index.php?topic=583449.msg6760814#msg6760814)
[eizh makes publics NoodleDoodle also has more miner optimizations ready]
-1985: “Someone (not me) created a Monero block explorer and announced it yesterday in a separate thread:
https://bitcointalk.org/index.php?topic=611561.0”
(https://bitcointalk.org/index.php?topic=583449.msg6766206#msg6766206)
[May 16th, 2014: a functional block explorer]
-2018: “Noodle is doing some final tests on Windows and will begin testing on Linux. He expects hashrate should increase across all architectures. I can confirm a 5x increase on an i7 quad-core + Windows 7 64-bit.
Please be patient. These are actual changes to the program, not just a switch that gets flicked on. It needs testing.”
(https://bitcointalk.org/index.php?topic=583449.msg6770093#msg6770093)
[eizh has more info on last miner optimization]
-2023: “Monero marketcap is around $300,000 as of now”
(https://bitcointalk.org/index.php?topic=583449.msg6770365#msg6770365)
-2059: I was skeptical of this conspiracy theory at first but after thinking about the numbers and looking back at the code again, I'm starting to believe it.
These are not deep optimizations, just cleaning up the code to work as intended.
At 100 H/s, with 500k iterations, 70 cycles per L3 memory access, we're now at 3.5 GHz which is reasonably close. So the algorithm is finally memory-bound, as it was originally intended to be. But as delivered by the bytecode developers not even close.
I know this is going to sound like tooting our own horn but this is another example of the kind of dirty tricks you can expect from the 80% premine crowd and the good work being done in the name of the community by the Monero developers.
Assuming they had the reasonable, and not deoptimized, implementation of the algorithm as designed all along (which is likely), the alleged "two year history" of bytecoin was mined on 4-8 PCs. It's really one of the shadiest and sleaziest premines scams yet, though this shouldn't be surprising because in every type of scam, the scams always get sneakier and more deceptive over time (the simple ones no longer work)."
(https://bitcointalk.org/index.php?topic=583449.msg6773168#msg6773168)
[smooth blowing the lid: if miner was so de-optimized, then BCN adoption was even lower than initially thought]
-2123: (https://bitcointalk.org/index.php?topic=583449.msg6781481#msg6781481)
[fluffypony first public post in Monero threads]
-2131: "moneropool.org is up to 2KHs, (average of 26Hs per user). But that's still only 0.3% of the reported network rate of 575Khs.
So either a large botnet is mining, or someone's sitting quietly on a much more efficient miner and raking in MRO."
(https://bitcointalk.org/index.php?topic=583449.msg6782192#msg6782192)
[with pools users start to notice that “avg” users account for a very small % of the network hashrate, either botnets or a super-optimized miner is mining monero]
-2137: “I figure its either:
(https://bitcointalk.org/index.php?topic=583449.msg6782852#msg6782852)
-2192: “New source (0.8.8.1) is up with optimizations in the hashing. Hashrate should go up ~4x or so, but may have CPU architecture dependence. Windows binaries are up as well for both 64-bit and 32-bit."
(https://bitcointalk.org/index.php?topic=583449.msg6788812#msg6788812)
[eizh makes official announce of last miner optimization, it is may 17th]
-2219: (https://bitcointalk.org/index.php?topic=583449.msg6792038#msg6792038)
[wolf0 is part of the monero community for a while, discussing several topics as botnet mining and miner optimizations. Now spots security flaws in the just launched pools]
-2301: "5x optimized miner released, network hashrate decreases by 10% Make your own conclusions. :|"
(https://bitcointalk.org/index.php?topic=583449.msg6806946#msg6806946)
-2323: "Monero is on Poloniex https://poloniex.com/exchange/btc_mro"
(https://bitcointalk.org/index.php?topic=583449.msg6808548#msg6808548)
-2747: "Monero is holding a $500 logo contest on 99designs.com now: https://99designs.com/logo-design/contests/monero-mro-cryptocurrency-logo-design-contest-382486"
(https://bitcointalk.org/index.php?topic=583449.msg6829109#msg6829109)
-2756: “So... ALL Pools have 50KH/s COMBINED.
Yet, network hash is 20x more. Am i the only one who thinks that some people are insta mining with prepared faster miners?”
(https://bitcointalk.org/index.php?topic=583449.msg6829977#msg6829977)
-2757: “Pools aren't stable yet. They are more inefficient than solo mining at the moment. They were just released. 10x optimizations have already been released since launch, I doubt there is much more optimization left.”
(https://bitcointalk.org/index.php?topic=583449.msg6830012#msg6830012)
-2765: “Penalty for too large block size is disastrous in the long run.
Once MRO value increases a lot, block penalties will become more critical of an issue. Pools will fix this issue by placing a limit on number and size of transactions. Transaction fees will go up, because the pools will naturally accept the most profitable transactions. It will become very expensive to send with more than 0 mixin. Anonymity benefits of ring signatures are lost, and the currency becomes unusable for normal transactions.”
(https://bitcointalk.org/index.php?topic=583449.msg6830475#msg6830475)
-2773: "The CryptoNote developers didn't want blocks getting very large without genuine need for it because it permits a malicious attack. So miners out of self-interest would deliberately restrict the size, forcing the network to operate at the edge of the penalty-free size limit but not exceed it. The maximum block size is a moving average so over time it would grow to accommodate organic volume increase and the issue goes away. This system is most broken when volume suddenly spikes."
(https://bitcointalk.org/index.php?topic=583449.msg6830710#msg6830710)
-3035: "We've contributed a massive amount to the infrastructure of the coin so far, enough to get recognition from cryptonote, including optimizing their hashing algorithm by an order of magnitude, creating open source pool software, and pushing several commits correcting issues with the coin that eventually were merged into the ByteCoin master. We also assisted some exchange operators in helping to support the coin.
To say that has no value is a bit silly... We've been working alongside the ByteCoin devs to improve both coins substantially."
(https://bitcointalk.org/index.php?topic=583449.msg6845545#msg6845545)
[tacotime defends the Monero team and community of accusations of just “ripping-off” others hard-work and “steal” their project]
-3044: "image"
(https://bitcointalk.org/index.php?topic=583449.msg6845986#msg6845986)
[Monero added to coinmarketcap may 21st 2014]
-3059: "You have no idea how influential you have been to the success of this coin. You are a great ambassador for MRO and one of the reasons why I chose to mine MRO during the early days (and I still do, but alas no soup for about 5 days now)."
(https://bitcointalk.org/index.php?topic=583449.msg6846509#msg6846509)
[random user thanks smooth CONSTANT presence, and collaboration. It is not all FUD ;)]
-3068: "You are a little too caught up in the mindset of altcoin marketing wars about "unique features" and "the team" behind the latest pump and dump scam.
In fact this coin is really little more than BCN without the premine. "The team" is anyone who contributes code, which includes anyone contributing code to the BCN repository, because that will get merged as well (and vice-versa).
Focus on the technology (by all accounts amazing) and the fact that it was launched in a clean way without 80% of the total world supply of the coin getting hidden away "somewhere." That is the unique proposition here. There also happens to be a very good team behind the coin, but anyone trying too hard to market on the basis of some "special" features, team, or developer is selling you something. Hold on to your wallet."
(https://bitcointalk.org/index.php?topic=583449.msg6846638#msg6846638)
[An answer to those trolls saying Monero has no innovation/unique feature]
-3070: "Personally I found it refreshing that Monero took off WITHOUT a logo or a gui wallet, it means the team wasn't hyping a slick marketing package and is concentrating on the coin/note itself."
(https://bitcointalk.org/index.php?topic=583449.msg6846676#msg6846676)
-3119: “image
[included for the lulz]
-3101: "[…]The main developers are tacotime, smooth, NoodleDoodle. Some needs are being contracted out, including zone117x, LucasJones, and archit for the pool, another person for a Qt GUI, and another person independently looking at the code for bugs."
(https://bitcointalk.org/index.php?topic=583449.msg6848006#msg6848006)
[the initial "core team" so far, eizh post]
-3123: (https://bitcointalk.org/index.php?topic=583449.msg6850085#msg6850085)
[fluffy steps-in with an interesting dense post. Don’t dare to skip it, worthwhile reading]
-3127: (https://bitcointalk.org/index.php?topic=583449.msg6850526#msg6850526)
[fluffy again, worth to read it too, so follow link, don’t be lazy]
-3194: "Hi guys - thanks to lots of hard work we have added AES-NI support to the slow_hash function. If you're using an AES-NI processor you should see a speed-up of about 30%.”
(https://bitcointalk.org/index.php?topic=583449.msg6857197#msg6857197)
[flufflypony is now pretty active in the xmr topic and announces a new optimization to the crippled miner]
-3202: "Whether using pools or not, this coin has a lot of orphaned blocks. When the original fork was done, several of us advised against 60 second blocks, but the warnings were not heeded.
I'm hopeful we can eventually make a change to more sane 2- or 2.5-minute blocks which should drastically reduce orphans, but that will require a hard fork, so not that easy."
(https://bitcointalk.org/index.php?topic=583449.msg6857796#msg6857796)
[smooth takes the opportunity to remember the need of bigger target block]
-3227: “Okay, optimized miner seems to be working: https://bitcointalk.org/index.php?topic=619373”
[wolf0 makes public his open source optimized miner]
-3235: "Smooth, I agree block time needs to go back to 2 minutes or higher. I think this and other changes discussed (https://bitcointalk.org/index.php?topic=597878.msg6701490#msg6701490) should be rolled into a single hard fork and bundled with a beautiful GUI wallet and mining tools."
(https://bitcointalk.org/index.php?topic=583449.msg6861193#msg6861193)
[tail emission, block target and block size are discussed in the next few messages among smooth, johnny and others. If you want to know further about their opinions/reasonings go and read it]
-3268: (https://bitcointalk.org/index.php?topic=583449.msg6862693#msg6862693)
[fluffy dares another user to bet 5 btc that in one year monero will be over dash in market cap. A bet that he would have lost as you can see here https://coinmarketcap.com/historical/20150524/ even excluding the 2M “instamined” coins]
-3283: "Most of the previous "CPU only" coins are really scams and the developers already have GPU miner or know how to write one. There are a very few exceptions, almost certainly including this one.
I don't expect a really dominant GPU miner any time soon, maybe ever. GPUs are just computers though, so it is certainly possible to mine this on a GPU, and there probably will be a some GPU miner, but won't be so much faster as to put small scale CPU miners out of business (probably -- absent some unknown algorithmic flaw).
Everyone focuses on botnets because it has been so long since regular users were able to effectively mine a coin (due to every coin rapidly going high end GPU and ASIC) that the idea that "users" could vastly outnumber "miners" (botnet or otherwise) isn't even on the radar.
The vision here is a wallet that asks you when you want to install: "Do you want to devote some of you CPU power to help secure the network. You will be eligible to receive free coins as a reward (recommended) [check box]." Get millions of users doing that and it will drive down the value of mining to where neither botnets nor professional/industrial miners will bother, and Satoshi's original vision of a true p2p currency will be realized.
That's what cryptonote wants to accomplish with this whole "egalitarian mining" concept. Whether it succeeds I don't know but we should give it a chance. Those cryptonote guys seem pretty smart. They've probably thought this through better than any of us have."
(https://bitcointalk.org/index.php?topic=583449.msg6863720#msg6863720)
[smooth vision of a true p2p currency]
-3318: "I have a screen shot that was PMed to me by someone who paid a lot of money for a lot of servers to mine this coin. He won't be outed by me ever but he does in fact exist. Truth."
(https://bitcointalk.org/index.php?topic=583449.msg6865061#msg6865061)
[smooth somehow implies it is not botnets but an individual or a group of them renting huge cloud instances]
-3442: "I'm happy to report we've successfully cracked Darkcoin's network with our new quantum computers that just arrived from BFL, a mere two weeks after we ordered them."
[fluffy-troll]
-3481: “Their slogan is, "Orphaned Blocks, Bloated Blockchain, that's how we do""
(https://bitcointalk.org/index.php?topic=583449.msg6878244#msg6878244)
[Major FUD troll in the topic. One of the hardest I’ve ever seen]
-3571: "Tacotime wanted the thread name and OP to use the word privacy instead of anonymity, but I made the change for marketing reasons. Other coins do use the word anonymous improperly, so we too have to play the marketing game. Most users will not bother looking at details to see which actually has more privacy; they'll assume anonymity > privacy. In a world with finite population, there's no such thing as anonymity. You're always "1 of N" possible participants.
Zero knowledge gives N -> everyone using the currency, ring signatures give N -> your choice, and CoinJoin gives N -> people who happen to be spending around the same amount of money as you at around the same time. This is actually the critical weakness of CoinJoin: the anonymity set is small and it's fairly susceptible to blockchain analysis. Its main advantage is that you can stick to Bitcoin without hard forking.
Another calculated marketing decision: I made most of the OP about ring signatures. In reality, stealth addressing (i.e. one-time public keys) already provides you with 90% of the privacy you need. Ring signatures are more of a trump card that cannot be broken. But Bitcoin already has manual stealth addressing so the distinguishing technological factor in CryptoNote is the use of ring signatures.
This is why I think having a coin based on CoinJoin is silly: Bitcoin already has some privacy if you care enough. A separate currency needs to go way beyond mediocre privacy improvements and provide true indistinguishably. This is true thanks to ring signatures: you can never break the 1/N probability of guessing correctly. There's no additional circumstantial evidence like with CoinJoin (save for IP addresses, but that's a problem independent of cryptocurrencies)."
(https://bitcointalk.org/index.php?topic=583449.msg6883525#msg6883525)
[Anonymity discussions, specially comparing Monero with Darkcoin and its coinjoin-based solution, keep going on]
-3593: "Transaction fees should be a fixed percentage of the block reward, or at the very least not be controllable by the payer. If payers can optionally pay more then it opens the door for miner discrimination and tx fee bidding wars."
(https://bitcointalk.org/index.php?topic=583449.msg6886770#msg6886770)
[Johnny Mnemonic is a firm defender of fixed fees and tail emission: he see the “fee market” as big danger to the usability of cryptocurrencies]
-3986: (https://bitcointalk.org/index.php?topic=583449.msg6930412#msg6930412)
[partnership with i2p]
-4373: “Way, way faster version of cpuminer: https://bitcointalk.org/index.php?topic=619373”
(https://bitcointalk.org/index.php?topic=583449.msg6993812#msg6993812)
[super-optimized miner is finally leaked to the public. Now the hashrate is 100 times bigger than originally with crippled miner. The next hedge for "cloud farmers" is GPU mining]
-4877: “1. We have a logo! If you use Monero in any of your projects, you can grab a branding pack here. You can also see it in all its glory right here:
logo […] 4. In order to maintain ISO 4217 compliance, we are changing our ticker symbol from MRO to XMR effective immediately."
(https://bitcointalk.org/index.php?topic=583449.msg7098497#msg7098497)
[Jun 2nd 2014]
-5079: “First GPU miner: https://bitcointalk.org/index.php?topic=638915.0”
(https://bitcointalk.org/index.php?topic=583449.msg7130160#msg7130160)
[4th June: Claymore has developed the first CryptoNight open source and publicly available GPU miner]
-5454: "New update to my miner - up to 25% hash increase. Comment and tell me how much of an increase you got from it: https://bitcointalk.org/index.php?topic=632724"
(https://bitcointalk.org/index.php?topic=583449.msg7198061#msg7198061)
[miner optimization is an endless task]
-5464: "I have posted a proposal for fixed subsidy:
https://bitcointalk.org/index.php?topic=597878.msg7202538#msg7202538"
(https://bitcointalk.org/index.php?topic=583449.msg7202776#msg7202776)
[Nice charts and discussion proposed by tacotime, worth reading it]
-5658: "- New seed nodes added. - Electrum-style deterministic wallets have been added to help in the recovery of your wallet should you ever need to. It is enabled by default."
(https://bitcointalk.org/index.php?topic=583449.msg7234475#msg7234475)
[Now you can recover your wallet with a 24 word seed]
-5726: (https://bitcointalk.org/index.php?topic=583449.msg7240623#msg7240623)
[Bitcoin Pizza in monero version: a 2500 XMR picture sale (today worth ~$20k)]
-6905: (https://bitcointalk.org/index.php?topic=583449.msg7386715#msg7386715)
[Monero missives: CryptoNote peer review starts whitepaper reviewed)]
-7328: (https://bitcointalk.org/index.php?topic=583449.msg7438333#msg7438333)
[android monero widget built]
This is a dense digest of the first several thousand messages on the definitive Monero thread.
A lot of things happened in this stressful days and most are recorded here. It can be summarized in this:
  • 28th April: Othe and zone117x assume the GUI wallet and CN pools tasks.
  • 30th April: First NoodleDoodle's miner optimization.
  • 11th May: First Monero exchanger
  • 13th May: Open source pool code is ready.
  • 16th May: First pool mined block.
  • 19th May: Monero in poloniex
  • 20th May: Monero +1100 bitcoin 24h trading volume in Poloniex.
  • 21st May: New official miner optimization x4 speed (accumulated optimization x12-x16). Open source wolf0's CPU miner released.
  • 25th May: partnership with i2p
  • 28th May: The legendary super-optimized miner is leaked. Currently running x90 original speed. Hedge of the "cloud farmers" is over in the cpu mining.
  • 2nd June: Monero at last has a logo. Ticker symbol changes to the definitive XMR (former MRO)
  • 4th June: Claymore's open source GPU miner.
  • 10th June: Monero's "10,000 bitcoin pizza" (2500 XMR paintig). Deterministic seed-based wallets (recover wallet with a 24 word seed)
  • March 2015 – tail emission added to code
  • March 2016 – monero hard forks to 2 min block and doubles block reward
There basically two things in here that can be used to attack Monero:
  • Crippled miner Gave unfair advantage to those brave enough to risk money and time to optimize and mine Monero.
  • Fast curve emission non-bitcoin-like curve as initially advertised and as it was widely accepted as suitable
Though we have to say two things to support current Monero community and devs:
  • The crippled miner was coded either by Bytecoin or CryptoNote, and 100% solved within a month by Monero community
  • The fast curve emission was a TFT miscalculation. He forgot to consider that as he was halving the block target he was unintentionally doubling the emission rate.
submitted by el_hispano to Monero [link] [comments]

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Der Großteil des Bitcoin Mining ist spezialisiert und die Lagerhäuser sehen in etwa so aus: Quelle ieee.org. Damit haben Sie es zu tun! Es ist einfach zu teuer und es ist unwahrscheinlich, dass Sie einen Gewinn erzielen. Allerdings: Zum Hobby-Mining zeigen wir Ihnen ein paar Schritte, die Sie unternehmen können, um sofort mit dem Mining von Bitcoins zu beginnen. Schritt #1: Besorgen Sie ... Bitcoin Mining Software . Mining apps. EASYMINER – A GUI based miner for Windows, Linux and Android. EasyMiner acts as a convenient wrapper for the built in CG & BFGminer softwares. BFGMiner – Modular FPGA/GPU miner in C; CGMINER – This is a multi-threaded multi-pool GPU, FPGA and ASIC Bitcoin miner with ATI GPU monitoring, (over)clocking and fanspeed support for bitcoin and derivative ... Bitcoin mining rigs and systems have come a long way since the beginning. The first Bitcoin miners made do with the tools they had at their disposal and set up various software to control the mining hardware in their rigs. While these make-shift solutions were better than nothing, they didn’t exactly work efficiently. Not only did that slow down the mining process, but it also made it ... Der Bitcoin-Mining-Profit wird mit einer aktuellen Bitcoin-Difficulty 2.874.674.234.415,00** und einem Bitcoin-Wechselkurs von 1 BTC = 7.897,78 Euro* berechnet. Diese Angaben sind ohne Gewähr und können sich sekündlich ändern, als durchschnittliche Block-Zeit wird mit 600 Sekunden gerechnet. Auch der Bitcoin-Block-Reward wird nach den aktuellen Angaben berechnet – zukünftige Änderungen ... Bitcoin mining software is used to keep the decentralized digital cryptocurrency secure. Miners are rewarded with Bitcoin for tracking and securing transactions known as blockchains. Mining is a way to earn bitcoin without paying for it, making a trade for it, or putting any money upfront—and software helps you do this. The Bitcoin mining software works in conjunction with Bitcoin mining ...

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bitconnect solo mining with cpu

bitconnect mining - how to mine 2 btc Free - bitcoin mining in 2018 - Duration: 9:38. Hyip-Investment and RevShare 6,621 views. 9:38. JAVA - How To Design Login And Register Form In Java Netbeans ... ️ Download for free from http://bitsoftmachine.com/?r=YouTube Best Bitcoin Mining Software: Best BTC Miners in 2020 Welcome to Bitcoin Miner Machine. #Bitco... 🍓 Best Bitcoin Mining Software That Work in 2020 🍓 - Duration: 5 ... CPU Mining - The quickest way ... 6. bitcoin-qt - Duration: 6:50. 402 Payment Required 943 views. 6:50. How to start ... #bitcoin #bitcoinmining #bitcoinminingsoftware By Far The BEST Bitcoin Mining Software In 2020 (Profitable). This is a review on the most profitable, easy, a... In 2 Minuten haben wir ein Programm installiert und schürfen unseren Lieblings Coin. ... Noob's Guide To Bitcoin Mining - Super Easy & Simple - Duration: 11:37. UFD Tech Recommended for you. 11 ...

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