00:02:24 <dsc_> say you wanted to host a "high performance" Monero node
00:02:43 <dsc_> What would be the first bottleneck... Bandwidth?
00:02:52 <dsc_> And after that, disk IO?
00:03:17 <dsc_> Does --max-concurrency matter in providing a "high performance" monero RPC?
00:03:31 <dsc_> How much faster will monerod be when the blockchain is completely in tmpfs?
00:04:01 <dsc_> If you have a 24 core server, is it a better idea to run several monerod's and http loadbalance them?
00:04:54 <dsc_> Will I run out of file descriptors from all the connections?
00:04:56 <dsc_> questions questions
00:11:04 <sgp_> dsc_: good question. I've always had issues maxing out my open nodes but I didn't do that much testing
00:21:16 <dsc_> ping gingeropolous
00:21:24 <dsc_> he might know stuff about stuff
00:24:45 <sgp_> Probably
00:43:09 <sgp_> 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
00:59:05 <rehrar> Got almost everything moved in today.
00:59:29 <rehrar> Will have a load or two tomorrow, but we're pretty much gucci.
00:59:48 <rehrar> You don't realize how much stuff you have until you move.
01:07:55 <sgp_> rehrar: crazy huh? I'm still not fully settled in a week later
01:13:02 <rehrar> You have to move the Christmas tree.
01:13:12 <rehrar> That you haven't set up for two years in a row.
01:26:45 <needmoney90> Sgp_ wtf its been nearly two years of 11?
01:26:58 <needmoney90> I wonder when the GUI is gonna come out
01:28:23 <sgp_> I feel like we just changed to 11 a few months ago lol
01:28:58 <sgp_> Just proves that the Monero community has been doing nothing with its founders reward the past few years
01:35:26 <needmoney90> 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
01:35:29 <needmoney90> oh wait, wrong project
01:46:59 <sethsimmons> 😂
01:48:44 <xmrscott[m]> .zooko
01:48:44 <monerobux> And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible.
01:58:49 <xmrscott[m]> 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?
01:59:12 <needmoney90> Let's bump it up to 69
01:59:22 <needmoney90> For the memes
02:01:32 <niocbrrrrrr> you want memes and rings?
02:01:48 <xmrscott[m]> A weapon to surpass sumokoin and Bitcoin. Nice
02:01:58 <niocbrrrrrr> wow proudly calls itself a meme coin
02:02:06 <niocbrrrrrr> plus many rings
02:02:29 <niocbrrrrrr> the coin with the most monero devs
05:16:54 <lza_menace> 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
05:55:05 <fluffypony> needmoney90: your responses on Twitter to the ZCash thing are cracking me up
05:56:12 <needmoney90> fluffypony: I learned from the best <3
05:57:15 <needmoney90> seriously though, I think we should start calling their zcash/tcash thing a footgun
05:57:18 <needmoney90> because thats exactly what it is
05:58:32 <fluffypony> setup a bot that corrects any mention of ZCash to TCash
05:59:37 * needmoney90 codes automoderator on /r/monero to do so and immediately gets heavy blowback
10:32:03 * dixie__flatline[ sent a long message:  < https://matrix.org/_matrix/media/r0/download/matrix.org/ZlDglfXIqBNjSKBmrWFswoKV >
10:32:30 <dixie__flatline[> needmoney90: thanks for the explanation on this.
10:33:47 <dixie__flatline[> anyways, have a nice monday guys.
11:12:22 <gingeropolous> dsc_, yeah u gotta increase file descriptors in general when doing fancy stuff with monerod as a service
12:13:27 <hyc> having a lot of CPU cores will not help much unless you also have a lot of RAM
14:07:31 <sgp_> class went ok, not amazing
14:56:15 <dsc_> gingeropolous: what else you doing in terms of fancy stuff or is this classified?
15:21:14 <dsc_> https://thoughts.sushant-kumar.com/fluffypony
15:21:45 <dsc_> “Generosity is the alt-coin of compassion.”
15:22:37 <sethsimmons> lmao
15:33:41 <hyc> sounds like a new motto for MEA
15:45:38 -xmr-pr- [meta] SarangNoether opened issue #490: Research meeting: 22 July 2020 @ 17:00 UTC
15:45:38 -xmr-pr- > https://github.com/monero-project/meta/issues/490
16:50:55 <gingeropolous> dsc_, not that i can think of. file descriptors and fail2ban
16:51:05 <gingeropolous> general server hardening
16:52:21 <dsc_> thanks
17:01:05 <fluffypony> https://imgur.com/a/2FI8XCh
17:01:06 <fluffypony> h/t dsc_
17:07:17 <hyc> lol. I got that one "Run your own social media with Monero" too
17:08:02 <hyc> wow, the last one is legit
17:08:21 <dsc_> o/
17:08:35 <hyc> "So no one will be confused, Monero is about privacy. Its competitors have other focuses."
17:09:06 <dsc_> That's it guys, we can finally replace fluffypony with a bot
17:09:06 <hyc> with a tiny bit more training we could let GPT-3 do all our evangelism
17:09:20 <dsc_> hehe
17:27:54 <fluffypony> lol
17:47:00 <needmoney90> "Seek the wisdom and inspiration of the private in order to integrate and express the collective."
17:47:39 <needmoney90> "So no one will be confused, Monero is about privacy. Its competitors have other focuses."
17:47:52 <needmoney90> 😂 too true
18:48:14 <dEBRUYNE> sethsimmons: https://twitter.com/zndtoshi/status/1285151288645345282
18:48:17 <dEBRUYNE> That one is funny, yes
18:48:46 <sethsimmons> I blocked him
18:48:47 <sethsimmons> A long time ago
18:48:49 <dEBRUYNE> 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
18:48:59 <sethsimmons> But couldn't resist viewing it and responding that that idiocy
18:49:12 <sethsimmons> sgp_ recently ran the numbers for his awesome "real privacy" talk and it was ~9k mixes per month
18:49:19 <sethsimmons> Monero has more than that in TXs per day
18:50:18 <sethsimmons> If anyone here has info to help me track this down it would be very helpful: https://twitter.com/sethisimmons/status/1285262986408591364?s=20
18:50:39 <sethsimmons> Having a direct comparison between "reasonable privacy" size on-chain for Bitcoin vs Monero would be a helpful metric.
18:54:18 <dEBRUYNE> Would be good to add fees to the discussion too
18:55:05 <sethsimmons> True, can calculate that from vbytes if we can gather an estimation for that
18:56:54 <sethsimmons> Normal "private spend" TX in Bitcoin: 2,363b, 1,475vb
18:57:27 <sethsimmons> Normal "private spend" TX in Monero: 1,700b
18:58:37 <sethsimmons> Normal "private spend" TX in Bitcoin (excluding "doxxic" change): 0.136USD
18:59:02 <sethsimmons> Normal "private spend" TX in Monero: 0.0018USD
18:59:33 <sethsimmons> That estimate for Bitcoin is at 1sat/vbyte
18:59:55 <sethsimmons> So thats literally the cheapest you can pay when the network is seeing low usage and there is space in blocks
19:00:20 <sethsimmons> wow...
21:23:51 <sethsimmons> I’m gonna write up a thread on the above for Twitter
21:24:50 <sethsimmons> 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
21:30:20 <sethsimmons> I don’t think Stephen Livera read my tweet properly, or he secretly likes Monero: https://twitter.com/sethisimmons/status/1285323424269832193?s=21
21:37:22 <sgp_> sethsimmons: that was just Samourai
21:41:49 <dEBRUYNE> sethsimmons: They will just switch to the next argument lol
21:41:52 <dEBRUYNE> Muh auditability
21:45:24 <sethsimmons> sgp_: Yeah, because thats the de-facto privacy implementation in Bitcoin ATM
21:48:46 <sethsimmons> That’s the best thing to compare against, though I would like to have Wasabi/JoinMarket to compare against
21:49:03 <sethsimmons> <dEBRUYNE "sethsimmons: They will just swit"> I’m sure they will, but thats still another false narrative torn down and more truth spread :)
21:53:53 <hyc> https://thoughts.sushant-kumar.com/zcash
21:53:53 <hyc>     “Rootstock is longer term, but I don’t trust Zcash”
21:54:16 <sethsimmons> :P
21:55:19 <niocbrrrrrr> So wen btc gets privacy will it be auditable?
22:13:51 <msavoritias[m]> BTC is not getting privacy
22:14:20 <sethsimmons> It’s done: https://twitter.com/sethisimmons/status/1285336820264382468?s=21
22:14:27 <msavoritias[m]> if you mean other solution working around the btc privacy problems solutions exist
22:14:29 <sethsimmons> Please prove me wrong/fact check
22:24:51 <niocbrrrrrr> msavoritias[m]: yes ofc but wen they bring up that argument you ask them if it will be auditable
22:25:07 <niocbrrrrrr> they can't have their cake and eat it too
22:25:35 <msavoritias[m]> what do you mean?
22:29:34 <niocbrrrrrr> 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)
22:29:49 <niocbrrrrrr> they also say you don't need monero because btc will get more privacy
22:29:52 <niocbrrrrrr> according to their arguments it can't be both auditable and private
22:31:23 <msavoritias[m]> those sound like these idiot btc maximalists who think all the blockchain development ended in bitcoin
22:31:38 <msavoritias[m]> i would stay away from those. not a healthy bunch
22:33:29 <niocbrrrrrr> yes Iet other people do that :)
22:34:37 <niocbrrrrrr> just showing what might be a useful "argument" when they say those 2 things together things
22:34:48 <niocbrrrrrr> *I let
23:09:43 <lza_menace> sethsimmons out here doing great outreach work
23:18:42 <sarang> Auditing depends on your definition and what level of confidence you need