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tokineko[m]
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tokineko[m]
I have a proper context for this post.
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rottenwheel
🙄
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tokineko[m]
I mean I don't have a proper context for this post.
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tokineko[m]
Since they don't have a link to what fluffypony did, it may well be a psy-op.
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needmoney90
Fluffy made a meme about a "Monero Enterprise Alliance" that was poking fun at the "partnerships" spam that was happening in 2017. The Monero price went up 10% or so, then fell back to normal. Apparently some people got mad.
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needmoney90
Haters gonna hate
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fluffydonkey[m]
At what point do monero devs have to worry about market manipulation the way Elon did when he messed with traders?
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geonic
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monerobux
[REDDIT] What is Monero? How Privacy Coins Work - #Monero Tutorial by CakeWallet (
youtube.com/watch?v=zdGPQ5WKi34) to r/Monero | 1 points (100.0%) | 2 comments | Posted by geonic_ | Created at 2021-01-26 - 00:22:26
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rottenwheel
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xmrscott[m]
<fluffydonkey[m] "At what point do monero devs hav"> What exactly would be the concern in terms of perceived damage? Someone trying to manipulate prices to sabotage a particular CCS? Even 'rational' markets are subject to shenanigans as today has shown with GME. ByteCoin's price went *up* when it was revealed they refused to patch a major issue Monero highlighted to them.
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xmrscott[m]
If your end goal is to prevent volatility induced by actor(s), driving mass adoption and ensuring stability of chain/network is going to probably be one of the better 'solutions'. The bigger the ocean, the harder it is for someone to make any notable different by dropping a wreaking ball or whatever in it
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xmrscott[m]
*difference
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fluffypony
yeah the more liquidity something has + more markets + more adoption, the harder it is to manipulate
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fluffypony
which is actually why Monero on DeFi is useful, it's just more platforms that traders can arbitrage between, which leads to less slippage and a market that is harder to artificially move
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fluffypony
as much as Monero on Ethereum makes me want to vomit a bit
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fluffypony
:-P
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Inge-
I was about to panic sell. But then I saw a fluffy pony meme on twitter, adn my hands hardened to steel.
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fluffypony
*diamond hands* as the WallStreetBets crew say
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Inge-
All life left mine, and wind and water has worn away the flesh. Even the bone has been replaced by minerals
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midipoet
oh Inge-, you romantic you.
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dEBRUYNE
geonic: Moxie's coin is partly based on Monero afaik
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dEBRUYNE
It's a weird mix of stuff :-P
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dEBRUYNE
cc fluffydonkey[m]
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dEBRUYNE
fluffypony *
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fluffypony
I thought they did that initially and then decided to do something else
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fluffypony
I can't recall even
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fluffypony
but yeah the whitepaper was like "fork Monero and put it in Signal"
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fluffypony
and then it changed
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sethsimmons
<dEBRUYNE "geonic: Moxie's coin is partly b"> There's a Signal coin??
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dEBRUYNE
sethsimmons: Mobilecoin it's called
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sethsimmons
@hexagr To be clear MobileCoin is very much not Signal. We’re fans of their work but we are not them. Moxie advises us but Signal is a fiercely independent non-profit. We would love for them to use the tech we made but the choice is theirs and theirs alone.
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sethsimmons
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sethsimmons
Relationship seems vague
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sethsimmons
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sethsimmons
Basically Monero + Stellar consensu
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fluffypony
I'm close to a few VCs that were in their $30m round
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sethsimmons
* Basically Monero + Stellar consensus
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fluffypony
and part of the pitch was Signal integration
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sethsimmons
Sad its not just Monero
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sethsimmons
And that there has to be another coin with VCs
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dEBRUYNE
fluffypony: An actual Monero integration would probably suit better
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dEBRUYNE
But that probably won't happen :p
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fluffypony
yeah - the problem is that a lot of the GTM strategy for stuff like this is "airdrop to an existing audience"
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fluffypony
so they can do one of two things: spend $10m buying Monero on the open market and then airdropping it
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fluffypony
or printing money out of thin air
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fluffypony
Brave, and pretty much everyone else, opt for the latter
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sethsimmons
Unfortunately true. Easy money for them, but hurts good projects like Monero by fragmenting devs and taking away resources
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sethsimmons
A collab between Signal and Monero would be amazing...
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sgp_
kinda sad this is how things are, but to some extent I get it
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sgp_
further legitimizes the Monero protocol probably
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xmrscott[m]
Basically:
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xmrscott[m]
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sgp_
well, think about it this way
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sgp_
if another high profile coin is added to a high profile application
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sgp_
then listed on coinbase day 1 since shared investors, lmao
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sgp_
"but it's a privacy coin!!!!!!!!"
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sgp_
theoretically it can normalize listing privacy coins
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sgp_
really though no one will do anything until their hands are forced (usually for a business reason)
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sethsimmons
Interestingly their consensus algo removes rings from transactions and replaces with a proof before adding to the public ledger.
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xmrscott[m]
Yeah, still continues to set a bad precedent though if that ends up being the case. We created new coin and it got listed on Coinbase.... but not XMR yet because reasons lol
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xmrscott[m]
s/new coin/new coin that utilizes XMR
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monerobux
xmrscott[m] meant to say: Yeah, still continues to set a bad precedent though if that ends up being the case. We created new coin that utilizes XMR and it got listed on Coinbase.... but not XMR yet because reasons lol
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sgp_
it has never made any sense. this industry is horrible
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rottenwheel
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UkoeHB__
sethsimmons: they validate in SGX enclaves and discard tx content there, so if there are no enclave breaches then the tx graph is unknowable
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UkoeHB__
sgp_ is there reason to think MC will be listed on coinbase?
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sethsimmons
<UkoeHB__ "sethsimmons: they validate in SG"> Yeah, interesting approach if you don't mind centralized validation and trust SGX
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UkoeHB__
yes I think the tradeoffs are interesting
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UkoeHB__
but I am happy to advocate for improvements to both Monero and MC; may humanity prosper as best it can :)
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ComplyLast
trusting intel, solid plan.
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luigi1111w
where is your trust
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ComplyLast
nioc, vaguely, and that's about it
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ComplyLast
intel is pretty low down the list.
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ComplyLast
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monerobux
[WIKIPEDIA] Software Guard Extensions | "Intel Software Guard Extensions (SGX) is a set of security-related instruction codes that are built into some modern Intel central processing units (CPUs). They allow user-level as well as operating system code to define private regions of memory, called enclaves, whose contents are protected and unable..."
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ComplyLast
also the security track record ain't great.
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ComplyLast
so there's that.
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UkoeHB__
the main problem with SGX in MC is it's less censorship resistant; if Intel decides to censor MC I think the network will go down for a while until a hard fork can disable attestation (or a workaround is developed)
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UkoeHB__
if you don't trust SGX then just assume MC is ~similar to Monero in terms of 'privacy'
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UkoeHB__
it's not clear cut though, because old attestations can be reused indefinitely
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ComplyLast
not only less censorship resistant
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ComplyLast
but by definition more centralized too in terms of which hardware can run nodes
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UkoeHB__
however once censored new nodes can't get attested which is a problem
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UkoeHB__
that is true
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geonic
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geonic
they have subaddresses and everything :) flattering
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UkoeHB__
they only support subaddresses, 'normal' addresses are hidden
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midipoet
Is that the same koe that used be around here?
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UkoeHB__
used to be? lol
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midipoet
Lol
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UkoeHB__
yes I am a secret MC shill posing as koe :p
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midipoet
It's you that wrote the mechanics?
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midipoet
What's the board like?
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UkoeHB__
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midipoet
They look like they shouldn't be trusted
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midipoet
Anybody that wears a suit in a profile pic for decentralised money should not be trusted
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UkoeHB__
idk much about them
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midipoet
so how did it come about that you wrote the mechanics of their project?
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midipoet
If you don't mind me asking
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UkoeHB__
I have a contract to write it; I think ZtM2 was a helpful reference for their implementation
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midipoet
I see. Business buys best
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UkoeHB__
well the tech is interesting, glad I can pay bills at the same time
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midipoet
of course. way of the world
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jakoson0
Look on the bright side. At least you don't need to obsess over signs of life from FUK now.
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UkoeHB__
MC is off-topic here though, so if anyone has more questions I set up #mobilecoin
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midipoet
sometimes I wonder what the price would be for buying an XMR dev to work with the chainanalysis projects. I wonder did the $650,000 DHS contract do it, or would only be a portion/fraction of that.
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geonic
How much does a 1 MOB cost in your official sales channel right now? How do you determine price change? Will this be eventually made public? Is there a timeline for a windows wallet? What wallet would you recommend in-between? Why is the email address you are selling coins from mobilecoinww.com a site that is inactive? (why not from mobilecoin.com
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geonic
1? using 4 domains does not make me feel better about the way you handle this) How is the payment transaction done? Shall we just wire money and expect to receive MOBs then? What would you tell people that think this feel sketchy?
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geonic
Rainer, These are all great questions. I am consulting with legal to get answers. Cheers, Joshua
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geonic
^^ from their forum. it's a sad day in cryptocurrency when you have to 'consult legal' lol
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midipoet
I'd say call a spade a spade.
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midipoet
regardless of who is involved or whether they wear suits
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Inge-
< midipoet> Anybody that wears a suit <-- Dr. Kim is out, then I take it :P
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geonic
:)
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midipoet
fair point. I stand corrected. Unless he can't be trusted either ;-)
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» midipoet also be jealous as he doesn't own a nice suit
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xmrscott[m]
EU's Horizon 2020 doesn't require suits? :P
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Inge-
sooo did the attack(s) fizzle out? no new releases and not so much talk of problems any more?
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Inge-
fizzle out / mitigated with the blocklists for now
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midipoet
xmrscott[m]: H2020 is really just the EC's great big inventivised social welfare scheme to promote social cohesion and member state interaction.
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gingeropolous
Inge-, i don't run with a blocklist anymore.
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xmrscott[m]
<Inge- "sooo did the attack(s) fizzle ou"> Best to ask selsta I think in -dev
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xmrscott[m]
I haven't had issues -2 blocks behind with my nodes since around the .5 release
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donkeydonkey[m]
<Inge- "fizzle out / mitigated with the "> no blocklist here. uptime 13 days
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xmrscott[m]
* I haven't had the -2 blocks behind issue with my nodes since around the .5 release
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Inge-
it is almost boring now
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rehrar
"Look on the bright side. At least you don't need to obsess over signs of life from FUK now." <-- I wonder what the bot means by this?
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midipoet
That anime killed the trolling cat