00:56:34 <bigslim[m]> If I get time I’ll throw the latest monero on my pi 4 4gb and see how much it hashes :)
01:26:55 <hyc> waste of time
01:27:01 <hyc> pis have no hardware AES support
02:51:39 <bigslim[m]> Man that k12 tho...
04:40:05 <gingeropolous> damn i hate losing important cables
06:39:55 <Guest84819> Hi guys. Is there any place on IRC to discuss about new technology idea on Monero, like building things for Monero? I've been surfing through all channels but haven't found a suitable place to drop my idea
06:43:39 <rbrunner> Well, if it's no problem to go public with your idea, seems to me you can hardly go wrong with trying just here. Worst case you won't get attention or feedback and then can go on to try other places like a GitHub issue or a Reddit post on /r/Monero
06:44:23 <manifest> #monero-dev would seem like the place for that on IRC, or just here like rbrunner stated
06:45:02 <rbrunner> Yeah, if it's a dev idea. Not sure what "building things for Monero" might mean :)
06:45:16 <manifest> or monero-dev is more specifically about the protocol and official wallet/daemon etc, if you want to build around monero this might be a better place yep
06:59:42 <Guest84819> thanks guys. I found the #monero-dev. will definitely post there and post on a Github issue. To be more exact, what we are building a layer 2 privacy chain learning Monero's RingSig. We have built successfully the trustless bridge to Ethereum, now are thinking of building it to Monero. I just want to pitch this idea to the community here to get
06:59:42 <Guest84819> feedback and if the community is interested, we can prioritize building it.
07:03:05 <rbrunner> Interesting. What's layer 1 to your layer 2?
07:13:43 <Guest84819> Our idea can be sketched briefly like there is an trustless bridge connecting Monero chain (layer 1) to our chain (layer 2) and XMR assets on Monero Chain is turned into the assets on our chain. You can go through our idea here https://incognito.org/t/trustless-custodians-a-decentralized-approach-to-cryptocurrency-custodianship/84 for a quick
07:13:43 <Guest84819> glance. Will definitely write a piece on here so that everyone can drop feedback.
10:04:51 <d4ndo[m]> Just received "Mastering Monero" from SerHack. First Edition
12:32:28 <gingeropolous> so many seed nodes https://community.xmr.to/xmr-seed-nodes/
16:19:51 <bigslim[m]> Isn’t monero 18.4 mil supply?
16:21:01 <newyearday> no is unlimited
16:22:27 <newyearday> There will be a total of 18.4 million XMR in circulation. Its mining will go until May 31, 2022, and after that, 0.3 XMR per minute will be fed into the system continuously
16:22:42 <newyearday> so unlimited
16:27:33 <jwinterm> newyearday, not exactly unlimited
16:27:49 <jwinterm> you could integrate the emission curve out to the heat death of the universe and calculate a final supply
16:28:08 <jwinterm> at any finite time in the future there is a known and finite supply
16:28:40 <newyearday> 0.3 XMR per minute will be fed into the system continuously
16:28:54 <jwinterm> right, a limited quantity per unit time
16:28:54 <newyearday> after may 2022
16:29:03 <jwinterm> which would only result in unlimited monero at time=infinity
16:29:25 <jwinterm> so not unlimited
16:29:55 <newyearday> this will be forever so practically means unlimited
16:30:27 <newyearday> if someone dont like 0.3 /minute is other issue
16:35:52 <riceandbeans> What would happen if two miners in two different areas both submitted the correct answer at the exact same time to the network?
16:37:05 <riceandbeans> Also, why can't any mining be done after May 31, 2022?
16:42:17 <jwinterm> riceandbeans, one of the two miners blocks would ultimately be accepted by the network and built on top of
16:42:35 <jwinterm> it would have to do with latency and propagation
16:43:02 <jwinterm> if half the miners started building on one block and half the miners started building on the other block, one of those two halves will win and then the rest of the miners would join them
16:43:21 <jwinterm> also there is mining after 2022, it's just that the block reward stops decreasing and stays fixed
16:45:10 <riceandbeans> And the inflationary value of XMR at that point would offset the reduced reward or how does that work?
16:45:59 <riceandbeans> June 1, 2022, why do I keep mining? ( not that my mining operation now yields a ton or anything, just curious )
16:53:54 <jwinterm> yea, you still get a block reward plus tx fees
16:54:06 <jwinterm> in bitcoin after 2140 there is only tx fees
16:54:11 <jwinterm> it's just a different approach
17:31:09 <bigslim[m]> So really only 18.4 mil is supply. Tail emissions is just emissions from the 18.4
17:31:19 <bigslim[m]> You aren’t “creating” new coins
17:33:01 <newyearday> block reward means new coins
17:33:05 <newyearday> or not?
17:43:02 <asymptotically> bigslim[m]: wut?
17:43:08 <rbrunner> Yes, the so-called "tail" emission *is* emission - the total number of coins continues to grow. Infinite Monero, so panic :)
17:55:11 <Inge-> rbrunner: you want to panic? https://twitter.com/DTAPCAP/status/1258445599185272833
17:55:35 <notdave> if i want to anonimize my btc, can i use monero to get this done? and how would i go about this?
17:57:08 <manifest> a lot of factors / how tinfoilhat you are but in a nutshell just exchange it to xmr without giving out any personal information
17:57:31 <notdave> manifest: yes i am not so tinfoilhat
17:57:53 <notdave> but i just bought some btc with my bank account, now want at least some separation between that and the btc/monero i will use online
17:58:50 <asymptotically> notdave: you could trade a small amount each day to exchanges that don't require verification, like tradeogre or binance
17:58:57 <asymptotically> could also try some otc trading in #monero-otc or on localmonero.co
17:59:21 <notdave> ok let me write that down ;)
17:59:29 <notdave> i am new to this all, so all info is new to me
18:03:21 <notdave> when i open monero gui, it says: wallet is not connected to daemon
18:03:33 <notdave> do i need to configure something for that?
18:03:55 <asymptotically> you need to run the daemon that downloads all of the blocks and talks to all the other monero people, or you can use somebody else's node (with reduced privacy)
18:04:08 <asymptotically> i think https://moneroworld.com/ has a guide on using a remote node
18:04:14 <notdave> ok
18:10:17 <notdave> aymptotically: if i check settings in the gui app, there is no such remote node option to configure
18:14:47 <asymptotically> notdave: maybe it got moved around and the moneroworld site hasn't updated to show wherever it is now :( - someone else here will know
20:53:29 <anicow> hi!
20:54:12 <anicow> i fouund you guys hooray
20:59:02 <jwinterm> o/
21:01:53 <d4ndo[m]> I am positively surprised. The "Mastering Monero" book is not so bad. I like chapter 5 "A deep dive into Monero & cryptography". A high information density for that price.
21:03:33 <d4ndo[m]> It needs a second edition - though - to add RandomX.
21:20:42 <hyc> I think it's already on its 2nd edition
21:21:03 <hyc> or maybe that's zero to monero I'm thinking of
21:22:08 <selsta> yep ZtM is 2nd edition
21:25:50 <d4ndo[m]> Oh wow. That looks good. ZtM 2.0.0. LaTeX?
21:26:48 <selsta> yes, see the source here: https://github.com/UkoeHB/Monero-RCT-report
21:32:28 <d4ndo[m]> I like the serif type, although it shows its strength on paper. Serifs lead the eye while reading.
21:34:23 <d4ndo[m]> Unless you have a 4k Monitor- thern serif types are cool to read on a monitor.