More on mining profitability:
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More on mining.
User in disbelief, asked reddit 🤣
Here is a fun reddit thread from 2days ago.
Please read it.
In case you don't want to go to reddit here's a nice snippet...
Snippet continued...if read it all & the comments...
An effective ring size of 4.2 is still better spender deniability than Bitcoin transactions + amount and receiver privacy isn't affected by this whatsoever
It's also exponential with every additional hop. ring size^hops = 4.2^3 = ~74 potential decoys = ~1% chance of tracing the true spend after 2 additional transactions
An imperfect Monero is still leagues better for privacy than Bitcoin
FCMP will also make this attack obsolete
This effective ring size plus how cheap it is to run a spam attack is proof you're cherry picking to protect your POV.
Be honest, that spam attack was too easy to do.
What am I cherrypicking? It's a simple fact that even an imperfect Monero is much better for privacy than Bitcoin.
You still have spender deniability even under this attack and amount/receiver privacy remain ZK
>"Be honest, that spam attack was too easy to do."
Yes, which is why Monero is moving to FCMP. It's entire history is incremental but substantial improvements to privacy (RingCT, increases to ring size, dandelion, etc). This case is no different.
It's a joke man, there's always a next hardfork that's gonna make monero work well 😂.
2022 hardfork promised to fix the fee issues and yet we're here again 😭.
This time though you're gonna have to tweak randomX.
Basically another reset of the hashing algo.
Yuck.
What fee issues? It's working as we speak and has continued to work for 10 years.
It's funny you bring up "fee issues" when any time there is even a modest increase in use Bitcoin becomes infeasible for most people and Lightning explodes like earlier last year.
More straw manning. Bitcoin was perfectly usable even in the most extreme fee market situations.
Which lasted what? Hours at a time?
You're lying to people man, monero spam attack lasted almost an entire month.
You can't even deny that some portion of your daily transactions might be a spammer / chainalysis.
It's so cheap for them to do it.
2022 hardfork there were clear changes to the fee structure.
Now more proposals have come in to change it further because of how cheap it is to attack your network.
and monero kept working all through the spam attack also
(which was likely a black marble attack)
so whats your point?
You don't know what a strawman is lmao
I'm not lying I posted the receipts. It's not even a secret.
Omg upgrades to improve things so scary 😱
Grandstanding means the end of the convo, great.
You can't even focus on the threat models in monero you bring up Bitcoin constantly.
Strawmaning, grandstanding, etc..
Just admit you guys are still ironing out major kinks a decade later & be honest.
>just admit you guys are still ironing out major kinks a decade later & be honest
Monbros can at least admit there's shortcomings, when has an NGU hypeman ever done the same regarding Bitcoin?
Oh that's right, never.
Are you serious? 🤣
Bro you just blurt out dumb shit for sport.
Again, referencing Bitcoin as a deflection tactic.
>gets called out for blatantly lying about and/or wildly exaggerating issues with monero that are actively being worked on
>doubles down on said bullshit
>claims deflection when asked to hold bitcoin to the same standards NGU hypemen hold monero to
lol, lmao even
Strawman, red herring, reverse uno
I win
dude
just because you cruised through some bullshit on reddit
doesnt make you informed.
there are no proposed changes to RandomX.
the spam attack was no big deal, hardly anybody noticed.
the people who DID notice were certain wallet users who's werent properly adjusting tx fees.
knock it off with the posturing and doublespeak.
Ufffff man this so bad on you.
I've followed all of this in real time, I've been covering monero since 2017.
Disregarding everything I said by gaslighting.
Your reputation precedes you.
huh
ive never seen you in the IRC or Matrix chat
you know
where the REAL conversations actually happen.
weird.
"ive bullshit around twatter and repeated maxi slogans for years"
isnt the own you think.
Again, with the strawman grandstanding instead of admitting you guys are still working out major kinks 10yrs later.
Attacking my character or referencing Bitcoin is all you guys have.
Just be transparent about the threat models and the unknowns or don't - but people smell your bullshit from a mile away.
you legit dont even know WHERE THE CONVERSATIONS ARE HAPPENING
but want to pose like
ive been "covering monero" since 2017
just do better ok?
or get on IRC and actually talk to the community. it aint on twitter, it aint in nostr.
More grandstanding.
You've made zero points in a while and are wasting everyone's time and polluting this thread.