02:34:20 What the hell is this? https://old.reddit.com/r/Monero/comments/6d5yt5/what_fluffypony_just_did_is_not_ok/ 02:34:37 I have a proper context for this post. 02:35:06 🙄 02:36:45 I mean I don't have a proper context for this post. 02:37:33 Since they don't have a link to what fluffypony did, it may well be a psy-op. 02:59:23 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. 02:59:27 Haters gonna hate 03:58:52 At what point do monero devs have to worry about market manipulation the way Elon did when he messed with traders? 04:15:34 needmoney90: can you approve pls? https://www.reddit.com/r/Monero/comments/l51o72/what_is_monero_how_privacy_coins_work_monero/ 04:15:35 [REDDIT] What is Monero? How Privacy Coins Work - #Monero Tutorial by CakeWallet (https://www.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 06:16:10 https://revuo-monero.com/issue-91.html 06:46:37 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. 06:48:35 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 07:02:46 *difference 07:21:42 yeah the more liquidity something has + more markets + more adoption, the harder it is to manipulate 07:22:19 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 07:22:30 as much as Monero on Ethereum makes me want to vomit a bit 07:22:31 :-P 07:38:52 I was about to panic sell. But then I saw a fluffy pony meme on twitter, adn my hands hardened to steel. 07:39:08 *diamond hands* as the WallStreetBets crew say 07:39:43 All life left mine, and wind and water has worn away the flesh. Even the bone has been replaced by minerals 07:44:19 oh Inge-, you romantic you. 14:58:51 geonic: Moxie's coin is partly based on Monero afaik 14:58:58 It's a weird mix of stuff :-P 14:59:00 cc fluffydonkey[m] 14:59:04 fluffypony * 14:59:28 I thought they did that initially and then decided to do something else 14:59:31 I can't recall even 14:59:42 but yeah the whitepaper was like "fork Monero and put it in Signal" 14:59:44 and then it changed 15:00:11 There's a Signal coin?? 15:04:13 sethsimmons: Mobilecoin it's called 15:07:27 @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. 15:07:28 https://twitter.com/mobilecoin/status/1350511590156636161 15:07:28 Relationship seems vague 15:08:43 https://github.com/mobilecoinfoundation/mobilecoin/tree/master/transaction 15:09:12 Basically Monero + Stellar consensu 15:09:14 I'm close to a few VCs that were in their $30m round 15:09:17 * Basically Monero + Stellar consensus 15:09:25 and part of the pitch was Signal integration 15:09:35 Sad its not just Monero 15:09:45 And that there has to be another coin with VCs 15:10:17 fluffypony: An actual Monero integration would probably suit better 15:10:23 But that probably won't happen :p 15:11:09 yeah - the problem is that a lot of the GTM strategy for stuff like this is "airdrop to an existing audience" 15:11:28 so they can do one of two things: spend $10m buying Monero on the open market and then airdropping it 15:11:33 or printing money out of thin air 15:11:45 Brave, and pretty much everyone else, opt for the latter 15:14:48 Unfortunately true. Easy money for them, but hurts good projects like Monero by fragmenting devs and taking away resources 15:15:00 A collab between Signal and Monero would be amazing... 15:22:20 kinda sad this is how things are, but to some extent I get it 15:22:59 further legitimizes the Monero protocol probably 15:32:04 Basically: 15:32:12 https://imgs.xkcd.com/comics/standards.png 15:34:17 well, think about it this way 15:34:27 if another high profile coin is added to a high profile application 15:34:37 then listed on coinbase day 1 since shared investors, lmao 15:34:54 "but it's a privacy coin!!!!!!!!" 15:35:22 theoretically it can normalize listing privacy coins 15:35:41 really though no one will do anything until their hands are forced (usually for a business reason) 15:39:01 Interestingly their consensus algo removes rings from transactions and replaces with a proof before adding to the public ledger. 15:39:50 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 15:39:52 s/new coin/new coin that utilizes XMR 15:39:52 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 15:55:14 it has never made any sense. this industry is horrible 16:14:51 https://github.com/mollyim/mollyim-android 16:15:08 sethsimmons: they validate in SGX enclaves and discard tx content there, so if there are no enclave breaches then the tx graph is unknowable 16:16:02 sgp_ is there reason to think MC will be listed on coinbase? 16:17:55 Yeah, interesting approach if you don't mind centralized validation and trust SGX 16:18:53 yes I think the tradeoffs are interesting 16:20:29 but I am happy to advocate for improvements to both Monero and MC; may humanity prosper as best it can :) 16:57:11 trusting intel, solid plan. 17:15:16 where is your trust 17:15:28 nioc, vaguely, and that's about it 17:15:37 intel is pretty low down the list. 17:17:03 https://en.wikipedia.org/wiki/Software_Guard_Extensions 17:17:03 [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..." 17:17:14 also the security track record ain't great. 17:17:17 so there's that. 17:22:01 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) 17:22:39 if you don't trust SGX then just assume MC is ~similar to Monero in terms of 'privacy' 17:24:07 it's not clear cut though, because old attestations can be reused indefinitely 17:24:55 not only less censorship resistant 17:25:11 but by definition more centralized too in terms of which hardware can run nodes 17:25:27 however once censored new nodes can't get attested which is a problem 17:26:30 that is true 17:46:25 https://community.mobilecoin.foundation/t/mobilecoin-main-net-is-live/420 17:47:03 they have subaddresses and everything :) flattering 17:49:34 they only support subaddresses, 'normal' addresses are hidden 17:51:43 Is that the same koe that used be around here? 17:52:02 used to be? lol 17:52:05 Lol 17:52:31 yes I am a secret MC shill posing as koe :p 17:52:38 It's you that wrote the mechanics? 17:52:50 What's the board like? 17:52:58 https://github.com/UkoeHB 17:53:03 They look like they shouldn't be trusted 17:53:20 Anybody that wears a suit in a profile pic for decentralised money should not be trusted 17:53:30 idk much about them 17:53:57 so how did it come about that you wrote the mechanics of their project? 17:54:02 If you don't mind me asking 17:55:21 I have a contract to write it; I think ZtM2 was a helpful reference for their implementation 17:58:27 I see. Business buys best 17:59:53 well the tech is interesting, glad I can pay bills at the same time 18:01:56 of course. way of the world 18:03:23 Look on the bright side. At least you don't need to obsess over signs of life from FUK now. 18:03:26 MC is off-topic here though, so if anyone has more questions I set up #mobilecoin 18:06:10 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. 18:15:29 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 18:15:29 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? 18:16:08 Rainer, These are all great questions. I am consulting with legal to get answers. Cheers, Joshua 18:16:24 ^^ from their forum. it's a sad day in cryptocurrency when you have to 'consult legal' lol 19:45:04 I'd say call a spade a spade. 19:45:51 regardless of who is involved or whether they wear suits 21:05:28 < midipoet> Anybody that wears a suit <-- Dr. Kim is out, then I take it :P 21:05:37 :) 21:10:03 fair point. I stand corrected. Unless he can't be trusted either ;-) 21:10:27 * midipoet also be jealous as he doesn't own a nice suit 21:11:56 EU's Horizon 2020 doesn't require suits? :P 21:13:10 sooo did the attack(s) fizzle out? no new releases and not so much talk of problems any more? 21:13:28 fizzle out / mitigated with the blocklists for now 21:15:06 xmrscott[m]: H2020 is really just the EC's great big inventivised social welfare scheme to promote social cohesion and member state interaction. 21:16:41 Inge-, i don't run with a blocklist anymore. 21:16:54 Best to ask selsta I think in -dev 21:17:29 I haven't had issues -2 blocks behind with my nodes since around the .5 release 21:17:44 no blocklist here. uptime 13 days 21:18:15 * I haven't had the -2 blocks behind issue with my nodes since around the .5 release 21:18:51 it is almost boring now 21:21:24 "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? 21:23:46 That anime killed the trolling cat