Discover and read the best of Twitter Threads about #monero

Most recents (12)

Crypto space is funny. In '14 when I/O Coin was lauched they were one of the first projects out there that envisioned #proofofstake and kept on improving it - OG's said PoW was king and PoS was a waste of time. Look at where we are at now. If you don't do PoS, your'e bad. #iocoin
In 2014, the IOC dev team has foreseen data services on #blockchain would also take off. They developed the DIONS project (1 mb filestorage and AES 256 messaging). The world is now eager to have a censorship proof messaging platform that IOC can provide. Look at that Ghost..
project from McAfee. Already been done by #iocoin. I/O Coin is still one of the oldest most actively developed coins without ICO. The dev team committed themselves without payment for almost 6 years. After 2 years development IOC is due to release the NightHawk project
Read 8 tweets
1/ Decided to finally take the leap and test out @SamouraiWallet w/ Dojo end-to-end.

I try to keep an open mind and keep testing out privacy tools outside of #Monero, and had not yet tested the Dojo portion of Samourai.

I’ll detail findings in this thread:
2/ Install was relatively easy for someone with a sysadmin background, but did require generation of *many* passwords and API keys.

Integration with my existing Tor relay/node was vague, need to look into how I can better integrate Dojo into my existing Tor setup.
3/ The actual installation took about ~10m, with the sync of the Bitcoin node kicking off after that.

Once the Bitcoin node syncs up, I’ll report back here in this thread 🙂

Should be ~4-6h from my previous testing!
Read 15 tweets
The #crypto bull is here.
People invest in hyped protocols, smart investors invest in promising tech, network effect, and even rumors.
I will give you my POV on #Bitcoin, on #Ethereum, #Tron and also on #IOTA
Share this with newcomers, protect future investors.
The most important rules before you invest:
-NEVER invest money that you can't afford to lose.
-NEVER participate in signal groups or pump and dump groups
-NEVER trust a stranger, don't send him money
-only trade on reputable exchanges, don't do personal trades in forums.
-You should go to (for example) Kraken, Coinbase, Binance, Bitpanda, Shapeshift, Gemini.
Create an account, verify yourself.
Only trade there and secure the account with 2FA and at best with a separate phone. Don't share your email or number anywhere!
Read 24 tweets
Some more data indicating that #Bitcoin’s attack-resistance will likely continue to deteriorate as its block subsidy declines. #halvening

Thread. 👇
Bitcoiners often state that hash power is increasing, and therefore the security of the network must be increasing, too.

However, hash power is an exceptionally poor metric for security, as described—for instance—by @OhGodAGirl:…
If transaction fees (F) were to replace issuance (I) (i.e., block subsidy) over time, the ratio F/I needs to grow indefinitely.

Let’s look at Bitcoin's F/I a bit more closely. (thanks to @coinmetrics for the raw data)
Read 13 tweets
Thread: $XMR Fundamental Analysis

Most of you will know already what #Monero is about but for all other peeps around, here some fundamental infos about this project.

➢ Launched in 2014 as "Bit Monero"
➢ "Monero" = "Coin" in esperanto language
➢ Privacy coin, anon TX's
➢ Decentralized, no difference between single nodes
➢ Fungible, no public transaction histories like #Bitcoin has, there are no "dirty" $XMR's as there are "dirty Bitcoins" (darknet transactions etc.)
➢ Safe, P2P network, encrypted wallets/TX's
➢ Private, no proof of TX's
Block Intervalls, Difficulty, Emission & Inflation

➢ Intervall 2 min, changed in spring 2016, till then it was 1 minute
➢ Constantly changing difficulty
➢ Summer 2022 = Tail emission, 0,6 XMR/2-Min block
➢ 2040: More $XMR than $BTC (21M), 2130 35M, 2300 62M $XMR
➢ No cap
Read 8 tweets
0/ A massive 24 hours in the world of #crypto and #blockchain.

To help you stay on top of it all, I've put together this thread. Just doing my bit to make your day a bit easier!
1/ 👾 @TRONFoundation [ $TRX ] revealed it will be establishing a #blockchain game fund dubbed #TRONArcade. Up to $100M committed for use over the next 3 years!

Click through to learn more about #TRON's plans to build out the blockchain game ecosystem.…
2/ 🧸 U.K.-based @CryptoKaijuIO, a startup offering designer vinyl toys that are traceable on the #Ethereum #blockchain as an NFT, has officially launched.

The first kaiju, Genesis, is now selling for $55. Check it out!…
Read 24 tweets
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Abstract:
* QuisQuis provides both a relatively small state footprint with comparison to ever growing chains Zcash & Monero (similar to Bitcoin UTXO set)
* QuisQuis provides plausible deniability - a user can deny he's part of a tx (in contrast to Zcash, similar to Monero)
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Proofs are reasonably computationally light (much lighter than Zcash's zk-SNARKs), and small in size (~13kb, still larger than Monero's post-bulletproofs which are 3.7kb).
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Me:
Scalability (smaller state footprint): better than #Zcash & #Monero, definitely not better than #MimbleWimble.
Privacy: same as Monero & MW, worse than Zcash in theory, better than Zcash in practice (small usage of shielded txs due to overhead).

CC: @grinMW @beamprivacy
Read 4 tweets
1\ In 6 hours, #Bulletproofs become mandatory on the #Monero mainnet.

I don't remember being this excited about a hard fork in a long time. The article below gives you the full picture as to why, but I will try to summarize it in this thread.…
2\ Disclaimer before I begin: A couple of weeks ago, I shared some of the findings of our report on #Zcash and many in the community (incl. @fluffypony) perceived it as an attack on @monero.

- It wasn't. In fact, we see vibrant experimentation and development in Monero.
3\ #Bulletproofs is one the most important technologies deployed on a mainnet this year. It can be applied to many proof systems to increase privacy and efficiency, as it reduces transaction sizes (& fees) by as much as 80%.

To fully appreciate this, let's clarify a few things:
Read 16 tweets
1/ @alexhevans recently dug into the numbers behind forks of #Bitcoin, #Ethereum, #Monero & #Zcash.

Main conclusion: Value can’t be forked away as easily as people like to think.…
2/ Secondary conclusion: Despite parent #cryptonetworks retaining users, devs & value, the child forks trade at (puzzling) relative valuation premiums.
3/ To follow are graphs and conclusions from @alexhevans that are relevant to specific actors or ratios (if you're not a fan of long form writing 😉)
Read 11 tweets
J'ai lu "Essai sur la nature du commerce en général" de Cantillon (1755), voici un #thread sur des trucs que j'ai appris / que j'ai trouvés intéressants / des extraits choisis. 1/
2/ Bien qu'"Essai" ait été probablement rédigé vers 1730, il n'a été publié qu'en 1755 suite à une forte censure en #France, il a été diffusé sous la forme d'un manuscrit inédit entre son achèvement et sa publication. Il est considéré comme le 1er traité complet sur l'#économie
3/ Le type de monnaie utilisé n'est pas décrété mais provient de l'usage. L'or et l'argent sont de facto les meilleures solutions (en 1730. Et en 2018? quid des #cryptomonnaies ?)
Read 21 tweets
One of the most robust explorations I've read on the economic & game theoretic limits of #Bitcoin & #PoW more broadly:
Sorry for the paywall, but the paper is well worth the $5. Makes me think of hybrid #PoW & #PoS as a potential solution (part of the thinking around our $DCR investment), as research for pure #PoS is ongoing.
Paper confirmed my concerns around what on-chain transaction fees may have to be when the coinbase reward goes to zero (to accomodate 0% rate of inflation). Depending on assumptions: $18,700 to $37,400 to $108,700 per txn.
Read 6 tweets
The Pirate Bay et Showtime ont semble-t-il fait exécuter à leurs visiteurs un script JS de minage de #criptocurrency…
L'article ne précise pas de quelle #criptocurrency il s'agit, mais une chose est sure, ce n'est ni du minage de #Bitcoin ni de l'#Ether
Vu la difficulté de minage actuelle pour ces 2 #blockchain, il faut impérativement des ASIC pour avoir une véritable chance de miner un bloc
Read 11 tweets

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