-
apotheon
I think you kinda *have* to call that an "attack", because there's no sensible reason for someone to forego so much value in fees as a miner other than to try to undermine (pun intended) how the blockchain works.
-
apotheon
I say "kinda" because, I suppose, one could just be making up other shit to say.
-
volantaryism1[m]
ra33it0: bitcoin now faces an everpresent 51% attack by goverments
-
louipc
ouch
-
volantaryism1[m]
Bitcoins always repeat muh game theory but if 51% of pools become compliant they can refuse to mine ontop of non complaint
-
volantaryism1[m]
Bitcoiners*
-
louipc
i wonder how much monero resists that by being cpu mined
-
charolastra
that would still leave 49% of pools that would happily include your tx in the very next block
-
botcoinnotbot[m]
louipc: cant censor what you cant see
-
louipc
tru that does help
-
louipc
botcoinnotbot[m]: they could just do a hate campaign against all of monero tho
-
louipc
i think... i dunno the protocol that well
-
louipc
pretend to accept transactions but dont process them..?
-
botcoinnotbot[m]
louipc: not gonna turn off my miner because of a CNN article lol
-
louipc
of course not
-
botcoinnotbot[m]
louipc: no such thing as pretending to accept, their nodes could refuse to pass on transactions tho
-
louipc
or spam the network with bogus data
-
volantaryism1[m]
Nodes that do that get added to your nodes banlists
-
apotheon
I'm not sure it's possible to DoS the blockchain by mining empty blocks.
-
apotheon
It would probably just be cheaper to spam shuffle-the-deck-chairs transactions at the blockchain until you overwhelm mining resources, I guess.
-
apotheon
(cheaper than trying to mine bogus transactions)
-
ra33it0[m]
<volantaryism1[m] "ra33it0: bitcoin now faces an ev"> When I heard they are calling it clean blocks I knew some shit will be happening
-
ra33it0[m]
<louipc "i wonder how much monero resists"> Monero has a lot of benefits compared to Bitcoin but one thing monero is worse in is protection against 51%attacks
-
N4RT[m]
what do you mean?
-
N4RT[m]
why is it worse in protection against 51% attacks?
-
N4RT[m]
random-x IS a protection against 51% attacks
-
DisBotXMR1
<BrianTX> Maybe he is referring to the current situation with pools.
-
louipc
how
-
DisBotXMR1
-
DisBotXMR1
-
DisBotXMR1
<BrianTX> Probably better.
-
DisBotXMR1
-
DisBotXMR1
<BrianTX> BTC largest pool 18.2%. XMR largest pool 44%
-
nioc
44% of known HR which is 40% of network HR
-
kijari[m]
I found out why my XMR earnings was so low. Not sure how but my config.json file got reset to a 5% donation with XMRig. Not sure how that happened either because I simply copied and pasted my config.json file from my old XMRig version to the new version. I'll just assume it was because it was the first time running XMRig after installing a new version from source which automatically changes the file just that one time. Not
-
kijari[m]
entirely sure though.
-
nibabaa
hello?
-
nibabaa
anyone there?
-
bobbieweirder[m]
hi
-
nibabaa
Is there a hacker?
-
N4RT[m]
<nioc "44% of known HR which is 40% of "> there are better pools though - 1% fee is high, 0.5 minimal payout as well
-
nioc
Yeah, many people equate bigger with better but you get the same payout over time regardless of the size of the pool
-
kijari[m]
I currently use supportxmr.com but I think I'll change that after my next payout to a much smaller pool such as maybe 2miners or something.
-
kijari[m]
I chose the pool before I knew that supportxmr.com and minerxmr.com combined own over 50% of the network.
-
N4RT[m]
there are a lot of good pools to make some decent gains
-
nioc
The only difference is variance but again that is only in the short term
-
nioc
I am on a very small pool
-
nioc
pool.xmr.pt
-
nicopok
would you know why MoneroOutgoingTransfer in MoneroTxWallet does not always have destination ?
-
nibabaa
hello
-
nibabaa
alalla
-
Duvio
I have heard that cryptonote.social is a good pool
-
nibabaa
dudududdu
-
Duvio
Fuck off
-
nioc
They say that they have no fee but they withhold 2% to offset how they make payout
-
nioc
you get paid for your hashes independent of when they find a block
-
Duvio
And yes, yall have to tell everyone not to use the two or three top pools, minexmr almost got 51%, it currently has 41%
-
Duvio
And after being repeatedly told that they have to do something about this, they just refused to even acknowledge that they are a threat
-
nioc
Some people like that but saying no fee is misleading
-
kijari[m]
Yeah, if just two pools agreed to work together (supportxmr.com and minexmr.com) they could easily do a 51% attack with over 60% of the network at the moment.
-
kijari[m]
Obviously it would be terrible for Monero but they theoretically could if they wanted to.
-
nioc
People could leave the pools
-
Duvio
But they dont
-
Duvio
That's the problem
-
N4RT[m]
potential 51% attacks can happen to any currency
-
N4RT[m]
firo just had recently one
-
nioc
I was saying as, if then
-
kijari[m]
I will be shortly the moment I get my next payout. My main thing when finding a new pool is a low fee (preferably 0.5% to 1%) and having a somewhat okay interface that isn't a massive pain in the ass. I think it was sparkpool or something. To change any mining payout settings you had to enter your email and other information which was obnoxious and often failed to apply.
-
throwd
Is there a certain hr/watt y'all aim for?
-
Duvio
No since i dont pay my electricity bills (trollface)
-
N4RT[m]
<N4RT[m] "firo just had recently one"> lol they still have 71% hashrate on one pool
-
nioc
pool.xmr.pt has a 0.4% fee 0.2 payout and an interface similar to supportxmr
-
nioc
Again they are a very small pool
-
nioc
#31
-
kijari[m]
I'm currently thinking 2miners could be a decent one. I just know the website and servers are reliable and they are small enough that I am helping decentralize the network. I could go to a smaller pool but in my experience they often have server or website issues. Some are bad enough that they have 3 hours or more of downtime every 24 hours. Then again those were extremely tiny pools so I know that's not always the case.
-
nioc
have been around 3 or 4 years
-
N4RT[m]
> <@chr0n05:privacytools.io> firo just had recently one
-
N4RT[m]
* lol, one pool has still 77% hashrate
-
DisBotXMR1
<hennyh> hi all, does anyone know how to get permission to post in #monero-dev? I've tried connecting via mIRC and kiwiirc and it seems my messages don't go through :/
-
kijari[m]
<kijari[m] "I'm currently thinking 2miners c"> I just did a payment request on the pools I was on and moved over to smaller pools for Ethereum and XMR. Fees are small enough that I don't care that much anyway.
-
Bill48105
.xmr
-
Wallet
Bill48105: ≈$472.6256 • ≈ value of: 1 XMR • Source: cmc/ccc/altm
-
Bill48105
nice
-
Bill48105
472 each isnt too shabby
-
Duvio
.faucet
-
Wallet
Duvio: How many letters in fell
-
Duvio
4
-
Wallet
Duvio: @bonuspot tipped 0.0000055 XMR to Duvio [168c06dd] Wait ≈23 hrs 54 min before trying again. @bonuspot: 0.01690971
-
anonmon777[m]
I have really specific security question. Is this a good place to ask?
-
anonmon777[m]
Are there security flaws for using the Monero wallet private key also for a crypto lock login system (
github.com/monero-ecosystem/Monero-Crypto-Lock)?
-
anon_82641[m]
Yeah just dont loose your private key
-
anon_82641[m]
It's irrevocable
-
anonmon777[m]
<anon_udxf6fdz[m] "It's irrevocable"> Why? The only thing I will do is a signature with the private key.
-
throwd
Why did I start running a node a pi. What have I done to myself
-
nioc
pi sucks
-
nioc
no AES
-
throwd
I should be able to just copy over a sycned data dir for it right?
-
nioc
a chain that you synced elsewhere? I believe so
-
nibabaaaa
hello
-
kijari[m]
Does anyone know what cryptocurrencies are allowed to checkout on unstoppabledomains.com? I know Ethereum is supported but I can't remember what else.
-
kijari[m]
Made a dummy test account to check and took a screen shot so I don't forget and never have to do that again. Going to share the screen shot so others may know as well just in case someone else was wondering.
-
-
azy
.faucet
-
Wallet
azy: How long is the word meal
-
azy
4
-
Wallet
azy: @bonuspot tipped 0.0000033 XMR to azy [9ed959cc] Wait ≈23 hrs 56 min before trying again. @bonuspot: 0.01687641
-
kijari[m]
I seriously love open source projects but sometimes I take for granted how well documented some are. I tried using an open source mining program for my GPU and I had to piece together tiny bits of information for 12 issues (some of which were closed), 3 pull requests, edit 3 build files, use an unrelated website to find out what dependencies were required and use someone's obscure fork of the repository just for me to be
-
kijari[m]
able to install the program from source. Their binary is so outdated that it only works on Ubuntu 16 and 18 and for some reason is tied to a specific version of a dependency which means it doesn't work since I have a newer version. I'm happy that most projects aren't that bad with documentation.
-
ra33it0[m]
Does someone know if Wownero is legit or a scam?
-
sech1
-
sech1
Wownero = Dogecoin of Monero
-
sech1
totally legit
-
sech1
kijari[m] xmrig supports kawpow too
-
kijari[m]
@sech1 Yeah, kawpowminer. I know XMRig supports it as well but I wasn't sure how well XMRig plays with itself since I already have it running to mine Monero.
-
sech1
you can run two copies of xmrig on two different coins, just run them from different folders
-
kijari[m]
Good to know! Just not sure how to setup XMRig for GPU-only mining but the configuration file isn't that difficult to work with. I could probably have that fixed and running within a few minutes.
-
kijari[m]
How is kawpowminer so bad with documentation and maintenance?
-
sech1
just add --no-cpu to the command line or set "enabled": false, in the "cpu" section of config.json
-
sech1
Yeah, I remember having big problems with compiling kawpowminer too
-
kijari[m]
Yeah, I personally have lots of issues with building xmrig-cuda. For some reason it never builds and it throws so many errors that it's extremely difficult to fix. I already have kawpowminer working so I'll just keep using that. Don't care that the repository sucks and that it may be deemed as outdated because it works and there are no other kawpow miners other than XMRig and maybe a couple others that are open source and
-
kijari[m]
have zero developer fees.
-
kijari[m]
Ravencoin makes more sense for my graphics card at the moment as well. Unless I mine on ethermine.org which gives payouts every 2 weeks, other pools can take 300+ days for me to reach the minimum payout. I guess it does technically make less money but I don't care that much in all honesty. I care more about the quantity of a cryptocurrency I am obtaining than the fiat amount I'm earning from mining.
-
kijari[m]
I'm concerned over the fact that minexmr.com has 43.7% of the hashrate at the moment but I sadly know as well that people are unlikely to change pools to further decentralize the network. It's scary.
-
glix
43.7? that should be very concerning! Shouldn't it?
-
asymptotically
it's more like 35% of the network hashrate and 43.7% of known pools hashrate (which is still terrible :p)
-
kijari[m]
I'm so confused as to why people that mine don't try to use the smaller pools. Is it because everyone just assumes "bigger is better" without learning anything about how pools or mining works?
-
moneromooo
Why do so many people seem to go out of their way to compare with a subset of the network hash rate ? I've seen that a lot, and it requires a lot more calculations and data gathering, so something seems off.
-
glix
moneromooo: you mean the 43.7 figure is just for the subset of mining pools?
-
asymptotically
moneromooo: miningpoolstats.stream/monero shows it like that
-
moneromooo
I mean that I am wondering why so many people use a harder to calculate value which makes not much sense instead of an easier to calculate one that actually makes sense.
-
moneromooo
OK. Do we know who runs miningpoolstats.stream/monero ?
-
asymptotically
xmr.pools.wiki shows it as a percentage of the network hashrate :D
-
asymptotically
** pools.xmr.wiki
-
kijari[m]
Well, we only know from a few websites that give only a small amount of pools that truly exist because some have private mining pools for large mining operations. Despite that it is still worth having somewhat of an understanding how much of the network hashrate a set pool has. I guess the way to fix that would be to promote sites that give more accurate results by comparing the pool hashrates to the total network hashrate
-
kijari[m]
for a better idea. I think the reason that some people (including myself at times) use larger percentages than what the pool actually has is because we use sites such as miningpoolstats.stream/monero due to the long list of pools that we are free to choose some without realizing that those statistics are not as accurate as those from sites such as pools.xmr.wiki like @asymptotically mentioned.
-
kijari[m]
Or, in my case, don't fully understand how those statistics are shown on each website so it becomes difficult to tell which are showing real percentages and which are showing values which are extremely far from what they actually are.
-
CrowmacMcCarthy[
Which multi wallet is recommended for Android? Looking at Edge, Coinomi and Exodus, and they all show different value for XMR vs USD.
-
kijari[m]
Typically the reason wallets will show different values for XMR is because they use different exchanges to check for prices since most exchanges refresh pricing at different intervals.
-
CrowmacMcCarthy[
<kijari[m] "Typically the reason wallets wil"> Is there one which is more accurate or up to date than any of the others?
-
kijari[m]
Generally speaking they are all accurate. It's just a matter of when the last refresh was. I personally prefer coingecko.com because their API is completely open to everyone, but their prices are updated less frequently than say Binance which is updated many times per second.
-
kijari[m]
I can't remember the exact rate at which coingecko and other websites refresh the coin pricing but I know it varies. Some are a couple of minutes and some are mere seconds.
-
-
kijari[m]
I'm not entirely sure but other websites should show how often their refreshes are as well.
-
skrech1
Hey I'm looking for way to trade with monero avoiding big exchanges. From my internet research it seems Bisq is/was the preferred way of trading while maximizing privacy. Is Bisq the still such a big player in Monero trading or there is sometihng new?
-
moneromooo
There's no preferred one, since preferences are subjective. It's a working platform though.
-
moneromooo
But cumbersome and liquidity is much less than on centralized papers please exchanges.
-
skrech
ah, thanks moneromooo
-
moneromooo
There are instant exchanges such as fixedfloat, morphtoken and a few others. No recommendation intended.
-
skrech
what about monero-otc? don't know much about it but how is it protected from scammers?
-
parazyd
Hi! Is 3585 H/s solid for mining?
-
Mochi101
3585H/s is a solid 3585H/s parazyd
-
parazyd
True
-
moneromooo
You will get 1.1 * 720 * 3585 / 2.5e9 monero per day on average, over the long term.
-
parazyd
Thanks
-
msvb-web7
Village at Defcon 29 public meeting in two hours on #monero-events, 18:00 UTC. Please introduce yourself if you're interested in Defcon.
-
Drgonz0
Hi, I'm a complete noob to mining, I vould like to run mining software on mu PC, what would be a good way to start? What pool is recommended by the comunity and what software should I use?
-
N4RT[m]
mining software: xmrig.com | pool: hashvault.pro
-
Drgonz0
i'll check it out thanks
-
N4RT[m]
yw
-
apotheon
I forgot the address for moneromooo's pool selector.
-
moneromooo
-
moneromooo
None of the pools listed there are vetted.
-
moneromooo
But they're probably fine.
-
Drgonz0
ok cool
-
Drgonz0
monero is better mined with cpu would it be better to invest in some gpu as well ?
-
louipc
why
-
hyc
invest in GPU if you want to mine something other than monero
-
N4RT[m]
<Drgonz0 "monero is better mined with cpu "> randomX algo is mainly for cpu's
-
N4RT[m]
high frequency and decent amount of cores will do
-
msvb-lab
Village at Defcon 29 public meeting in ten minutes on #monero-events at 18:00 UTC.
-
ragnaroek
RandomX implementation in pure Rust:
github.com/Ragnaroek/mithril
-
sech1
nice
-
hyc
I don't see the motivation. There are not security flaws in the current C++ RandomX code, so what benefits does Rust bring?
-
raecarruth
lol, rust fanatics are hilarious
-
throwd
We're already doing something unsafe for performance wx pages
-
hyc
there is an option to turn that off and make executable pages unwritable
-
hyc
if you can stand the performance hit...
-
throwd
Which option is that?
-
throwd
I see huge-pages-jit, but even if I have that off I still have a wx page
-
hyc
RANDOMX_FLAG_SECURE
-
hyc
some OSs require that flag anyway, no choice then
-
throwd
Probably not the OS you want to be mining on
-
hyc
indeed
-
kijari[m]
<hyc "I don't see the motivation. Ther"> A lot of people that are learning new programming languages like to get a feel for coding in that language and often end up doing projects like rewriting an existing into Rust. It's just a good learning exercise to get used to the new syntax and way of doing things. There are of course people that rewrite a program or make one from scratch and claim it's better but those are rarer
-
kijari[m]
than those that are just trying to learn more about the language in my experience.
-
pixelized[m]
<kijari[m] "A lot of people that are learnin"> projects that aim to do the same as already existent ones often do bring the benefit of performance improvement
-
pixelized[m]
but yeah, not if they're rewriting a decent c++ project
-
moneromooo
It could help spot differences in execution, which means a bug in one of the libs (or both) or a bug in the spec.
-
chad[m]
^ this. Having two independent implementations of a software, helps cross validate and catch differences. Differences which could be bugs or unexpected behavior
-
pixelized[m]
if a particular currency is actually used for commercial trade in large volumes, it can start to stabilize since the market can agree on a value
-
pixelized[m]
how much of the currency translates to which kinds of products? gets an answer people actually stick to
-
pixelized[m]
the biggest reason crypto tends to be very volatile, is because it's often just used by a very small minority of people in large volumes
-
pixelized[m]
and, of course, traded for profit - but that doesn't help stability
-
pixelized[m]
how much do all of you reckon monero needs to be actually commercially used for it to start to become more stable and therefore progressively more usable?
-
pixelized[m]
answers in 'so and such percentage of traded volume' or 'amount of stores' or anything else go
-
pixelized[m]
as well as criticism of the premise :P
-
chad[m]
Wouldn't it be a continuous spectrum? As the ratio of "commercial use"/" speculative use" goes up, the price of an asset will be less volatile. How much does that ratio need to go up to be considered "stable"? I guess that depends how much volatility you're willing to accept from a "stable" asset.
-
pixelized[m]
an interesting criterion might be one that focuses on the dynamic
-
pixelized[m]
there are some currencies where stability is a selling point, like the usd or usdt or swiss frank
-
pixelized[m]
and this keeps people using them
-
pixelized[m]
i suppose an interesting criterion for 'stable' would be 'so stable, that it becomes more stable'
-
pixelized[m]
what i mean is that at some point, given that it's a truly free currency that does conform to market pressures, it might become stable to the point where it also becomes a selling point
-
chad[m]
That's an interesting idea. I like that criteria.
-
pixelized[m]
'here's a currency that's relatively stable to 'things in the real world', and not some other currency/asset'
-
pixelized[m]
once that happens it'll likely continue to gain more stability
-
pixelized[m]
yeah, as do i
-
pixelized[m]
it's an interesting criterion for 'stability' - you're kind of over the 'peak' in that regard, and chances of becoming generally more volatile will start to diminish over time
-
pixelized[m]
but it also makes the question more difficult, because when does that happen? is there even a single level you can point at?
-
pixelized[m]
i wouldn't know
-
chad[m]
The concept of "stable assets" bothers me though. All assets have volatility, even the venerable USD. Price of goods and services change all the time relative to USD. People's frame of mind, however, is to view USD as a "reference" for value, so they view USD as stable. So really stability has more to do with your frame of reference than anything
-
pixelized[m]
yeah, that's accurate
-
pixelized[m]
you really just want some semblance of stability of the currency to 'things you can purchase'
-
pixelized[m]
and sadly, since people currently value things they can purchase in fiat, fiat is practically pretty close to the definition of stable
-
pixelized[m]
especially with currencies like usd and eur, where external pressures force prices to remain - perhaps unreasonably - unchanging
-
chad[m]
Yeah that's true. Would be better if people considered stability as price volatility vs GDP (probably normalized by monetary supply) or something. Unfortunately, for the foreseeable future, fiat will probably still serve as the frame of reference for stability
-
apotheon
GDP is actually pretty bad, too.
-
apotheon
It may seem hackneyed, but gold is a more stable measure over the medium and long term.
-
apotheon
(so far)
-
pixelized[m]
if we take 'stable' to mean 'stable to the point where, over time, you'd expect goods and services to have to change less and less in price to accommodate the currency', then how much, say, commercial usage would be needed to get there?
-
chad[m]
I suppose. I guess I would prefer to see stability vs the "average global cost of goods and services" or something like that, and I figured GDP might capture that best, but I'm no expert
-
pixelized[m]
i suppose it probably won't happen before quantum comes around to break everything
-
chad[m]
That was in response to @apotheon, fwiw
-
pixelized[m]
i'm aware
-
apotheon
chad[m]: My point is that I think gold does a better job of exactly that, apart from some short-term hype-and-panic volatility. GDP isn't very effective at modelling the costs of goods and services.
-
pixelized[m]
i suppose gold is a decent proxy for 'goods as a whole' since it's an asset peopel really wanna hold on to
-
pixelized[m]
*people
-
apotheon
Goodhart's law is relevant to GDP measures.
-
apotheon
pixelized[m]: Yeah, people like to hold on to gold because its price in a given currency averages out pretty close to an inverse relationship with the currency's inflation.
-
chad[m]
This conversation has surpassed my armchair economics knowledge :)
-
chad[m]
Off topic question: what is the general consensus on churning my XMR wallet? If I have some transactions for which I'd prefer better anonymity than just 1/11, is churning a good idea? Bad idea? No effect?
-
apotheon
I'm curious about the answer to that, too -- and, for this channel, it's probably more *on-topic* than what I was saying.
-
apotheon
chad[m]: Is Chad actually your name, or is that just a reference to the meme-name?
-
apotheon
. . . or something else (like computer confetti)?
-
chad[m]
Just a meme name :)
-
apotheon
gotcha
-
kotiko[m]
No his name is actually chad. The meme is based on him
-
apotheon
Judging by the pics I've seen, then, he needs a chiropractor pretty urgently.
-
chad[m]
🤣
-
kotiko[m]
You may not like it but it's what peak performance looks like