Every once in a while, I see a quote from a former NSA lawyer, Susan Hennessey. That's frigging awesome.

hello all!

got a quick question

are the projects described in Community Crowdfunding System exclusive only to core team or can anyone work on any of them for the reward ?

oh! there is monero-dev let me go and ask there instead, didn't notice it except right now

freedude: #monero-community is probably the best place to ask about the CCS :)

but anyone can ask for funding via the CCS. it helps if people know who you are though

nope I am not asking for funding I was asking if anyone can work on any of the simple tasks there

like somone wanted to have debian package maintained for 2 years

so I felt this is more like dev work

but thanks for the tip on where to ask

i think you can pick up someone's work (and take the reward) if the proposer vanishes without doing it

yes I wanted to kinda do that (but there was no one doing the to start with)

let me go and ask there after reading

<rbrunner7> Somebody is mining the hell out of testnet, blocktime is almost down to about 1 minute over the last hour - is somebody 51% attacking the poor thing? :)

maybe tari miners?

sech1: i dont have a reddit account but i just saw your comment on cost of a 51% attack to the network, are you factoring in the block reward payback? because i think that when you do, it becomes relatively cheap.

at least last time i ran the math, which admittedly was a while ago

buying cloud VMs brings you back 10% or so as block rewards, if you try mining

realistically this is the only way to 51% Monero network

or you could hack 5 top supercomputers at once to do this :D

damn, only 10%.. was expecting a much higher %

maybe 15-20% if you catch cheap spot instances

but they're not guaranteed to last, and you need stability to do 51%

if you consider the fact that many current miners will stop mining once a 51% attack starts because it becomes unprofitable

the 51% attack also gets much cheaper

but we can always fork the algo yet again if that ever happens

honestly there are probably more concerning attack vectors

forking would not help in that case?

<cankerwort> If there was a sustained 51% attack forking is the only option

<cankerwort> It's either that or sit on our thumbs and do nothing

It's the only option... or the second ? :)

<cankerwort> Idk what is the other option?

<cankerwort> It's either that or sit on our thumbs and do nothing :P

I was just pedantic.

id imagine that under a 51% attack scenario the existing pools could collude to protect their profit.

not that its a great solution, but game theory and financial incentive blah blah blah lead that to be a likely outcome

i.e., "we'll only mine on top of a block produced by a known pool"

They could do that now. Not a comforting thought.

indeed. 10+ years of PoW has yet to find a solution to the "pooling problem" of PoW though.

and my box has yet to find a solo block :(

Amusing that the solution is also the problem: men with guns.

well, it really only introduces temporary network instability in general, and targeted attacks on merchants / services. i guess it really depends on how sustained it is

and the goal.

i still wonder if my daemon mining is actually working. bah

If someone has the funds / hashrate to attack the network with RandomX they most likely also have it after forking to a different algorithm, or am I missing something? :P

Assuming they don’t have hidden ASICs or so.

gingeropolous: It is possible

You can block pooled mining trivially

But then solo mining is the only viable option

Any reference to how its been done in the real world?

meaning big farms gain from it

Only coin I've seen try is Nerva but its too small for anyone to care to attack/break it

yanmaani: how could you possibly block pooled mining?

sethsimmons: There was a paper about it. Just require each nonce to be signed by the private key that receives the payment.

so the pool signs the nonces

Yeah I'm not sure what that changes

But that's extremely expensive

it was already discussed and it doesn't block pool mining

they already have a hot wallet up 24/7 anyway, what's the difference?

If the pool has to make say 1 million sigs/second, and each sig is 64b, that's extremely expensive

64 mbit connection to each miner

So it kills small pools and drives towards few large/powerful pools?

That can support bw/compute needed because of profits

sethsimmons: Well, it kills all pools, and drives towards "guy in a warehouse with a trillion chips"

How does that kill pools?

it doesn't kill pools

You could make the signature algo expensive too. In Bitcoin you have petahash hashrates. There's no way to send over all the sigs

This is basically an engineering problem

One that has yet to be solved because its practically impossible

No

I have seen no valid proposal without major flaws

It's practically possible

but the gain is unclear

each miner gets their own private key from the pool and signs nonces himself

exactly

at best it makes miners run their own nodes, which would be a good thing

sech1: then the miner can spend the block reward

each miner deposits block reward before he's allowed to mine as an insurance from stealing block reward

But in no way removes pools from the equation

It was all discussed here

that's true I suppose.

Yeah, then you basically have to fix p2pool

which is also an engineering problem

It pushes towards self-select which is good, but thats about it

p2pool might be fixable with mempool sync, but it's a very hard problem

unless someone comes up with a way to shard it

2020-09-10 16:43:03.577 F Error starting server: Failed to bind IPv4 (set to required)

im getting this error when startming monerod

other instance running?

hmmm, thats a possibility

yep... the monerogui has the monerod running despise not connecting to it

My memory's hazy, but IIRC I thought pool still existed.

Was it... pebble coin ? Maybe I'm mixing things...

we could scam the government into thinking we traced romeno for that bounty

is that like.. wrong?

those other noobs did for like 3mil

brilliant fother muckers

not a half bad idea

make a GUI that misrepresents probability and draws a nice graph

and Bob's your uncle

anyone here trading? looking to exchange XMR to BTC

you could try #monero-otc for that, not sure how active it is though

corelvl_: try xmr.to or #monero-markets

yeah i just asked, its pretty dead in there

try xmr.to then

only 1btc per transfer and the rates are too high

If you want to get monero for bitcoin, you'll hardly going to find better rates.

i want to transfer my XMR to receive BTC

corelvl_: How much do you want?

Some people would ask 50% extra for the risk of having tainted bitcoins.

Oh.

try bisq then

maybe 5% better rates, according to some guy

bisq i could receive tainted coins

@yan a lot

how much monero do you have where you can't even be bothered to transfer $6k a few times

there's no compliant exchange that's going to let you exchange $1M of monero to clean coins

either do it with xmr.to or get dirty coins

Kraken certainly will, but only if you are ok with KYC

If you're OK with KYC then yeah, just go on binance or whatever

Kowtow to Your Creeps.

maybe the OTC desks will take you

look at localmonero

they have OTC desks

there's a nice box "KYC yes/no"

i'm sure you can do it on plenty of exchanges with zero kyc, but you'd need to create multiple accounts

assuming it's a large enough sum for them to bother you

yeah its just a headache, i would rather find a trading partner to deal with at a 1-2% fee

corelvl_: OTC desks are what you want

come to think of it, i'd like to buy some extra xmr

corelvl_: how do you plan to ensure you don't get tainted coins from some random partner you find on IRC?

mine are as clean as a whissle :'^)

maybe they should be more concerned about what he's going to do with those coins :P

@ndorf they need to come from an exchange, i can verify this

I think probably just spend it on mundane things. The real question is how you end up with $millions of XMR without ability to pass KYC ;)

my guess is mining malware

Hi, would anyone be willing to teach me Russian for monero or other cryptocurrency? I am thinking of atleast voice calls, if not video, plus text.

I think reddit might be the place to ask. There's a forum for this kind of thing.

r/moneromarkets (or maybe without the s)

nly: i know this isn't exactly what you were asking, but there is a pretty active xmr.ru community

their telegram chat has 1773 members and is active

хорошо, спасибо(great, thanks)

:)

was experimenting with --do-not-relay and noticed that if I do multiple transactions it silently clobbers any existing raw_monero_tx file each time.

I have the seed my Trezor Model T gave me, and I know my passphrase, is there some program or something that is compatible with the Trezor Model T's internal algorithm which generates a seed for the Monero client software, so that I could recover a wallet without having the hardware? (I know about the safety implications.) (From what I read the first seed is used with the passphrase to generate the actual, final seed.)