mister_monster

joined 2 years ago
[–] mister_monster@monero.town 1 points 3 weeks ago

This screams "exit scam the CCS" from the rooftops IMO.

[–] mister_monster@monero.town 1 points 3 weeks ago

The primary reason to not use PoS is simply having an ongoing cost and expense external to the network.

So when we quantify mining revenue and staking revenue, what we usually do is quantify risk. A miner must make an investment and has an average expected return, their exposure is partly to volatility of bitcoin for example and to energy prices and what not. A staker of ethereum for example doesnt really have this, their risk is only in making mistakes, server downtime, opportunity cost. The slashing rates and things are designed with incentive in mind primarily, and expected risk losses are downstream of those decisions. But we always quantify it in terms of risk, but theres another big side of this: ongoing expense.

There is a minimal ongoing cost to staking. Make your initial investment, get high uptime on your node, youre good. A miner has an ongoing cost, in energy, in big facilities, in hardware depracation. Additionally, a miner has an ongoing cost external tp the network. This os a very big thing. they have to buy energy, hardware. A staker doesn't have anything like that, their activity is entirely internal to the network.

There are major game theoretical implications to these big differences. There are pros and cons, but all in all I and most people, and particularly in the Monero world, think PoW handily wins out.

[–] mister_monster@monero.town 1 points 4 months ago

Are you really replying to yourself and me twice?

[–] mister_monster@monero.town 1 points 4 months ago (1 children)

If you had anything you wouldn't still be fucking around in the Monero spaces defending yourself saying anything and everything except actually demonstrating that you're not full of shit.

[–] mister_monster@monero.town 1 points 4 months ago

So publish it then. You got paid to. Oh that's right, "not in my interest to prove what I'm saying is true" because you didn't make anything. Youre full of shit dude.

[–] mister_monster@monero.town 3 points 4 months ago* (last edited 4 months ago) (8 children)

He's got 2 articles about how none of the accusations are true. He just couldn't figure out how to link them in here, just like he can't figure out how to release the source code he supposedly has so he can get paid.

Here's his drivel if you want to read it https://kewbit.org/kewbit-responds-to-creator-of-basicswapdex-com-ofrnxmr/ https://kewbit.org/addressing-the-false-proclamation-of-exit-scamming-allegations-by-basicswapdex/

I say, ditch sunk cost fallacy and call this a 75 XMR lesson. Nobody needs to trifle with this guy any longer.

[–] mister_monster@monero.town 1 points 4 months ago (1 children)

OK, so what exact service are they offering here? Someone pays Monero, it goes straight to your wallet. Want do you need to pay per transaction to them for?

[–] mister_monster@monero.town 3 points 5 months ago

An offer that's on the book is on the book. If the person who made it wants to take it down they can. If it's still there you can take it.

Of course they do. Not all of them, but they do. Just like grocery stores to 10% off stuff they want gone. If someone needs to sell fast, the best incentive is a little discount.

[–] mister_monster@monero.town 6 points 5 months ago (6 children)

Letely, the price is going up but many of those offers may have been made a day ago or something.

Also, some people may be willing to take a little haircut to get the trade done fast. This is how price discovery works on an order book, spreads should get smaller as liquidity goes up

[–] mister_monster@monero.town 2 points 5 months ago (1 children)

Well, the concept of a ban list seems ripe for abuse. We have to trust someone to tell us canonically who the bad nodes are, people can slap a fed honeypot node label on you for not going along with something.

What we need to do is design the system such that a bad node can do nothing but participate in the network. Just like the mining incentive structure with nakamoto consensus. Dandelion++ is supposed to do that, at least for everyone broadcasting their transactions only to initial nodes they know and trust. I don't know how to do that, but a blacklist is a dangerous stopgap.

[–] mister_monster@monero.town 1 points 5 months ago (4 children)

But with dandelion++ it should be infeasible to deduce anything about a transaction on receipt, no?

[–] mister_monster@monero.town 4 points 5 months ago

Swaps via Exolix. I use monerujo, but no thanks on that. Exolix is sketch af

 

I'm looking for one (or many) m3u playlists that aren't, shall we say, existing easy to find perfectly legal playlists of public streams. Things like channels that show f1 races, football games, cable channels, stuff you'd generally not get easy access to.

Does anyone know where I can find IPTV playlists with stuff like that?

 

At least 2 separate Haveno networks have launched as of today. One is called Reto and the other is called HardenedSteel. Those are the only ones I'm aware of right now, and things are happening pretty fast.

The haveno software was designed with the assumption that only a single network would be operated. People could fork it and run their own networks, but they wouldn't interact directly at all. But it looks to me as of this moment this is not how it is going to play out.

The client has the network info hard coded. So to use more than one, you need two copies of the client. This means that for most people they have to pick one. And, users might not understand this, just google "haveno" and pull the first git repo they see. This has significant, fast moving and quickly ossifying network effects with big repercussions.

We need to be very vigilant right now, as we are about to witness the very swift rise of a major power broker in our community. We don't want to start using a Haveno network run by scammers or authoritarians. Each network is it's arbitrators, and soon, the merchants on each one.

I think it's probably a good idea to figure out a way to connect to multiple networks, and to show listings with details about which network/arbitrator set a user is trusting when taking up a listing.

I'm cautiously optimistic, Monero has gotten rid of powerful people without a hitch before. But it is a bigger community now and that will be much harder to do. If we are vigilant during this time and we get through this successfully I think we become unbeatable, but the road directly ahead of us is treacherous, the next few days are going to move very fast.

 

Specifically ones listed on kycnot.me. I'm asking (as I'm sure you can guess) because I'm considering buying some XMR via a swap or two and I don't want to get my funds stuck indefinitely.

1
submitted 1 year ago* (last edited 1 year ago) by mister_monster@monero.town to c/cryptocurrency@monero.town
 

You can talk about bitcoin in any bitcoin specific spaces on the internet. You ever noticed that? You can talk about Austrian economics, you can talk about price, you can talk about influencers, you can talk about hardware wallets, but if you try to ever go into technical details about bitcoin to discuss their strengths and weaknesses you get called a shitcoin shill big blocker trying to ruin it's decentralization and probably also get banned. This is in every bitcoin specific space, the subreddit, stacker.news, bitcointalk, everywhere. You can't actually discuss bitcoin with bitcoin people.

And this is a problem. It means that no technical innovation whatsoever can happen on bitcoin. It means that they're like a herd of buffalo headed for a cliff at full speed.

That wouldn't be a problem if bitcoin was perfect. But it isn't. There's a huge, huge problem in bitcoin that I wrote a post about here https://njump.me/nevent1qqs8pzrkesjnfcws3whvjya0l9n68dx8q7sg69lhyc7dyusahe4x3rgpp4mhxue69uhkummn9ekx7mqzyrwjq464d7y2vn9v6p6aqpl3heyql9yuj87k6rzdtya6endj4277yqcyqqqqqqgsjee5u that I began to understand when I saw multiple people complaining that they have DCA UTXOs that are too small to spend right now because of fees. I understand the mechanics of bitcoin pretty well, so I thought through it and came to those conclusions and of course, the believer that I am, wanted to have a conversation about it because it is a very big deal, either I'm wrong and need to be corrected by someone or it means that bitcoin is going to fail.

They're going head first into a crisis and you can't even have a conversation about it. And I just hope they don't take us all down with them. I am no longer bullish on bitcoin long term, only in the mid term like one, maybe two more halvings, and if those of us that really believe in this peer to peer electronic cash thing actually want to see it succeed we need to position ourselves to not go down with the ship, to be the fixed version of bitcoin when it happens.

Monero already has a head start on that, but the problem I referenced also applies to Monero if and when it becomes widely adopted. It really is scary to realize that these networks have a design constraint that prevents them from ever being widely used, unless it is fixed the entire thing is going to suddenly go up in flames and the freedom money revolution will be over. Again, if I'm wrong about that I welcome discussion because I really, really don't want to be right about it.

 

I've been noticing this lately. If you want to buy Monero or other cryptocurrencies, you have to KYC, set up accounts, have a bank account, wire money, all that stuff.

However, if you want to spend it or sell it there are a plethora of options, as simple as buying a prepaid card, or just doing business with people that accept it directly.

Bonus: once your capital is in Monero or Bitcoin or something, moving it around is relatively easy with swap services, atomic swaps and the like. Even p2p services, you don't have to worry about PayPal, bank accounts, cash in the mail or any of that. Once your capital is internet native you're golden.

This is a sign to me that it's more valuable than fiat and people are seeing that. Now it makes more (practical, tangible) sense to get all your capital into cryptocurrency than keeping it in fiat and just buying cryptocurrency when you need it, as it was a few years ago. If you can get all your capital into Monero or something, you can easily get fiat when you need it, the reverse is not as true.

I predict that the barriers to entry will be increasingly bigger than the barriers to exit as time goes on, in an attempt to stop the bleeding, but that it will backfire into people preferring crypto directly and make things better for all of us. And this also means less of a need to exit in the first place.

 

I would guess this is due to the Mali government taking control of the .ml TLD, but whatever it is means I cannot get the CSV file for a search.

Is there a mirror somewhere that I can use? This was my main way of searching torrents.

 

Something to think about. It is pointless to interact with any of those posts directly here, so as a result they get no engagement. They're just links to Reddit, and I feel like they're just funnelling engagement back there. I can't help but notice, possibly incorrectly, that activity here sharply dropped as soon as that bot went active.

If we want the content here, wouldn't it make more sense to pull non self post content directly and post it as a first class Lemmy post here without linking to the reddit post?

If our goal is to make this the new Monero home, wouldn't a better approach be adding this site to the sidebar on the subreddit, or having automod inform every poster about it's existence? Is moving here even our goal anymore?

 

I figured I'd post this here so that people can know about it. If it is against the rules mods please let me know.

To make this project succeed we need content. There are other RSS to Lemmy bots out there, but they are all difficult to use. This one is easy; the configuration file is pretty self explanatory and the options make it easy to get content onto many Lemmy instances and communities.

Let me know what you think, feedback/comments, and of course feel free to open an issue in the issue tracker for the repo.

 

I built this specifically for monero.town, but anyone can use it anywhere. It is pretty easy to configure, all the info is in the readme and there's an example configuration file to get you started using it.

Feel free to aso me any questions you want, recommendations, and also feel free to open issues in the repo.

 

I could build it, but I don't currently have a VPS or other server to run it. A bot that posted whenever Revuo Monero, The Monero Standard, etc would go a long way towards making this place the only place you need to go for Monero news and information.

view more: next ›