say you wanted to host a "high performance" Monero node

What would be the first bottleneck... Bandwidth?

And after that, disk IO?

Does --max-concurrency matter in providing a "high performance" monero RPC?

How much faster will monerod be when the blockchain is completely in tmpfs?

If you have a 24 core server, is it a better idea to run several monerod's and http loadbalance them?

Will I run out of file descriptors from all the connections?

questions questions

dsc_: good question. I've always had issues maxing out my open nodes but I didn't do that much testing

ping gingeropolous

he might know stuff about stuff

Probably

wow, we are nearing 2 years of the ringsize being unchanged at 11. It was bumped to 11 in October 2018. Seems like just yesterday

Got almost everything moved in today.

Will have a load or two tomorrow, but we're pretty much gucci.

You don't realize how much stuff you have until you move.

rehrar: crazy huh? I'm still not fully settled in a week later

You have to move the Christmas tree.

That you haven't set up for two years in a row.

Sgp_ wtf its been nearly two years of 11?

I wonder when the GUI is gonna come out

I feel like we just changed to 11 a few months ago lol

Just proves that the Monero community has been doing nothing with its founders reward the past few years

I can't believe Monero has been taking a percentage of all our mined coins as a dev tax with one hand, and then taking government and chain analysis funds to actively detriment their user's privacy with the other

oh wait, wrong project

😂

.zooko

Seriously though, sumokoin has had a ring size of 49 for a while now. We're losing the War of the Ring people. Great Eagles wehn?

Let's bump it up to 69

For the memes

you want memes and rings?

A weapon to surpass sumokoin and Bitcoin. Nice

wow proudly calls itself a meme coin

plus many rings

the coin with the most monero devs

dsc_ good callouts...I want to know, too. I asked on reddit a while back but didn't hear back much. I want to know how the big orgs are running highly available/performant node setups

needmoney90: your responses on Twitter to the ZCash thing are cracking me up

fluffypony: I learned from the best <3

seriously though, I think we should start calling their zcash/tcash thing a footgun

because thats exactly what it is

setup a bot that corrects any mention of ZCash to TCash

needmoney90: thanks for the explanation on this.

anyways, have a nice monday guys.

dsc_, yeah u gotta increase file descriptors in general when doing fancy stuff with monerod as a service

having a lot of CPU cores will not help much unless you also have a lot of RAM

class went ok, not amazing

gingeropolous: what else you doing in terms of fancy stuff or is this classified?

“Generosity is the alt-coin of compassion.”

lmao

sounds like a new motto for MEA

dsc_, not that i can think of. file descriptors and fail2ban

general server hardening

thanks

h/t dsc_

lol. I got that one "Run your own social media with Monero" too

wow, the last one is legit

o/

"So no one will be confused, Monero is about privacy. Its competitors have other focuses."

That's it guys, we can finally replace fluffypony with a bot

with a tiny bit more training we could let GPT-3 do all our evangelism

hehe

lol

"Seek the wisdom and inspiration of the private in order to integrate and express the collective."

"So no one will be confused, Monero is about privacy. Its competitors have other focuses."

😂 too true

sethsimmons: twitter.com/zndtoshi/status/1285151288645345282

That one is funny, yes

I blocked him

A long time ago

If I recall correctly, the total amount of private transactions on BTC (assuming wallets) is about 1/30 or 2/30th of Monero's monthly transactions

But couldn't resist viewing it and responding that that idiocy

sgp_ recently ran the numbers for his awesome "real privacy" talk and it was ~9k mixes per month

Monero has more than that in TXs per day

If anyone here has info to help me track this down it would be very helpful: twitter.com/sethisimmons/status/1285262986408591364?s=20

Having a direct comparison between "reasonable privacy" size on-chain for Bitcoin vs Monero would be a helpful metric.

Would be good to add fees to the discussion too

True, can calculate that from vbytes if we can gather an estimation for that

Normal "private spend" TX in Bitcoin: 2,363b, 1,475vb

Normal "private spend" TX in Monero: 1,700b

Normal "private spend" TX in Bitcoin (excluding "doxxic" change): 0.136USD

Normal "private spend" TX in Monero: 0.0018USD

That estimate for Bitcoin is at 1sat/vbyte

So thats literally the cheapest you can pay when the network is seeing low usage and there is space in blocks

wow...

I’m gonna write up a thread on the above for Twitter

That takeaway, unless I’m missing something, is pretty damning for Bitcoin, and completely nullifies the argument of Bitcoin scaling better at the base layer than Monero

I don’t think Stephen Livera read my tweet properly, or he secretly likes Monero: twitter.com/sethisimmons/status/1285323424269832193?s=21

sethsimmons: that was just Samourai

sethsimmons: They will just switch to the next argument lol

Muh auditability

sgp_: Yeah, because thats the de-facto privacy implementation in Bitcoin ATM

That’s the best thing to compare against, though I would like to have Wasabi/JoinMarket to compare against

<dEBRUYNE "sethsimmons: They will just swit"> I’m sure they will, but thats still another false narrative torn down and more truth spread :)

“Rootstock is longer term, but I don’t trust Zcash”

:P

So wen btc gets privacy will it be auditable?

BTC is not getting privacy

It’s done: twitter.com/sethisimmons/status/1285336820264382468?s=21

if you mean other solution working around the btc privacy problems solutions exist

Please prove me wrong/fact check

msavoritias[m]: yes ofc but wen they bring up that argument you ask them if it will be auditable

they can't have their cake and eat it too

what do you mean?

they say that a problem with monero is that it is not auditable because of it's privacy features (never mind that it is not a clear yes or no)

they also say you don't need monero because btc will get more privacy

according to their arguments it can't be both auditable and private

those sound like these idiot btc maximalists who think all the blockchain development ended in bitcoin

i would stay away from those. not a healthy bunch

yes Iet other people do that :)

just showing what might be a useful "argument" when they say those 2 things together things

*I let

sethsimmons out here doing great outreach work

Auditing depends on your definition and what level of confidence you need