Skip Navigation

arseneSpeculoos

@ ArseneSpeculoos @monero.town

Posts
17
Comments
50
Joined
2 yr. ago

Founder @Speculoos Finance

blog

  • Looking for guidance and help modifying gupaxx to enable XMRig manual difficulty

    Jump

  • Could you tell us why you want to adjust the difficulty? Do you want to give a bit less cpu resources to your miner?One thing you can do is have a look at the gupax files and see if you find a JSON configuration file for xmrig. Then you can adapt it as you wish.

    For your second goal, it's actually achievable. Are you familiar with rust? If not, have a look at this page https://rust-lang.org/learn/get-started/You will do the rust install, and then you only need to do cargo build and cargo run. I would suggest to follow a rust quickstart tutorial first. It won't take long, and after that, what you need to do will be clearer.

  • monero-wallet-cli need to connect to a daemon to create an address ?

    Jump

  • Could you post the reply you get from the CLI please?

    You shouldn't need to have a connection to generate a new address.

    For the address new command, maybe it's trying to check if the address was already used and has funds in it.

  • How mine with local node and GUI Wallet ?

    Jump

  • Not directly, gupax is using XMRig behind the scenes

  • How mine with local node and GUI Wallet ?

    Jump

  • The easiest way to mine that I have found is gupax

    It also let's you adjust settings like putting in your local node URL.

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Roger Ver Admits to Misconduct and Enters into Deferred Prosecution Agreement

    www.justice.gov /opa/pr/roger-ver-admits-misconduct-and-enters-deferred-prosecution-agreement

  • Monero community

    Jump

  • GrapheneOS is being threatened by French authorities for refusing to add backdoors

    Jump

  • Hardware backdoors and exploits on Google Pixel (if they exist) are too prized to be shared and used to bust random drug dealers.

    The more people you share an exploit with, the more it risks getting exposed. You don't want your million dollar hardware exploit to be discovered and patched just because a local police department sent an email to the wrong address.

    Here I think that the French want to be able to easily get into ALL mobile devices. They are just having a bad time with GrapheneOS.Their strategy is to use the media to make people avoid using pixels and GrapheneOS, and when few people use that, the idea that only criminals use that sounds more plausible. You become guilty just by using GrapheneOS, no further proof needed.

  • Monero @monero.town
    arseneSpeculoos @monero.town

    GrapheneOS is being threatened by French authorities for refusing to add backdoors

    goingdark.social /@watchfulcitizen/115605398411708768

  • [Announcement] Migrating away from lemmy.

    Jump

  • I like Lemmy, it's more of a message board and I think it's more adapted to the size of this community. I don't have any experience with monstr.land, but Amethyst feels more like Twitter, and we would lose the connection with the rest of the federated world.

    Why not deploy a nostr instance on a sub domain of monero.town? That way we can try it out.

    If this instance disappears could you please give an advance notice so that we can migrate our accounts based here?

    Note: during the outage we had no way of contacting you to get more information or help out, and that was a bit frustrating. Could we agree to meetup for example on lemmy.ml/c/Monero if there is an outage next time?

    Thanks

  • Catbox Needs Your Help

    Jump

  • Yes, it could be interesting to have some service where you transfer funds and it takes care of splitting it and sending it for you every month to your different favorite projects.A kind of crypto-focused liberaPay?

  • Catbox Needs Your Help

    Jump

  • Your BitTorrent seeders would also be losing money if they host a lot of data, or am I missing something?

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Catbox Needs Your Help

    blog.catbox.moe /post/785233399498555392/important-catbox-needs-your-help

  • Let's get some alignment discussions going on PoS and Monero

    Jump

  • I think the whole PoS finality layer thing got out of proportions because people heard PoS and flipped.At the beginning, the Monero Research Lab was just gathering ideas on how to deal with the situation and that was one of the ideas proposed.People heard PoS, and it went viral, with all the misunderstanding that virality and oversimplification bring.

    If you listen to KabayaNerve on MoneroTalk you will see that he proposed that and immediately said that the PoS finality layer will not get community approval and is very unlikely to be implemented.You still have people on Twitter saying that some undefined people that may or may not be Monero devs are pushing for Monero to become a PoS coin like Ethereum. It's simple, it's emotional, it got viral, the only issue is that it's wrong (it's not an accurate description of what is happening).

    For BTC, I think that the huge network effects are the main reasons for it maintaining its price and thus security budget until now (as for any coin, you could say).As you said, it will be interesting to see how the situation develops after 2 more halvings.A conclusion in my article is that BTC now has a king, and its name is Blockstream. They control the network and will update it as they see fit, what the plebs and jealous people like us think is of no importance. They will never let that much power evaporate from their hands, and will rather hardfork into PoS than letting that happen because some miner does not make enough money.The original Bitcoin is dead, long live Bitcoin

  • Let's get some alignment discussions going on PoS and Monero

    Jump

  • Haha! STDs for Monero devs! The analogy is funny.

    You got it, the finality layer is complex and needs a lot of conditions to be done right, and it's outsourcing security to another network, not great.

    I don't think that the current BTC POW is that elegant though. Mining rewards are declining, and the fees are not coming. So the security budget is declining at each halving. At some point, mining hashrate will decrease, because miners run a business, and BTC will also be open for the same kinds of disruptions.I once wrote an article on the topic.

  • Let's get some alignment discussions going on PoS and Monero

    Jump

  • I agree that a PoS consensus is not suitable for what Monero wants to be.

    BTW, how come you have a laser eyes profile pic, but you can critically analyze things about BTC? I always thought that people with laser eyes profile pics where maxis that did not accept any criticism of BTC. It's refreshing to see a change!

  • Let's get some alignment discussions going on PoS and Monero

    Jump

  • I don't think it will happen either, the community too much opposed.

    First there are people that don't take the time to read about it and think it's about changing from RandomX mining to staking. Then there are people like me that do not want to rely on another chain for the security of Monero.

    It's still good to discuss it openly. This way, we can get to a better solution and the community can decide in what way this PoS finality layer can be a contingency plan or not.

  • Let's get some alignment discussions going on PoS and Monero

    Jump

  • I understand, I also agree that it would be a shame.

    Nevertheless, I want people to feel free to discuss it, discussing this as one option among many could bring the community to a better, stronger solution.

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Let's get some alignment discussions going on PoS and Monero

  • Any opinions on NANO here?

    Jump

  • Good point, as it's not POW it's much easier to do.

    Do you have any stats on who is currently running the blockchain?

  • The true target is consensus to change the PoW.

    Jump

  • It's true that we should not rush into action without carefully considering the consequences in the short and long term.

    The attack still demonstrates an important point of improvement for the Monero ecosystem. We now have a hostile mining pool with too much hashrate and it's time to dust off the theoretical attack scenarios and see what harm it can do and what we can do about it.

    The attacker can and does reorg blocks as a consequence of selfish mining. That means less mining rewards for the other miners.

    The attacker cannot censor any specific transaction (because the transactions are private so there is no easy way to differentiate any specific one). They could still decide to only mine empty blocks or their own transactions, and that would increase confirmation times for all the other users.

    The attacker can try a double spend attack, for example on an exchange. They can deposit XMR at the exchange, get BCH for it and withdraw it. Then they reorg the latest blocks up to before depositing their XMR to add a transaction before that deposit. That transaction will send that previously deposited XMR to one of their other wallets instead of going to the exchange.If this attack is successful, in the end, they will have both the BCH from the exchange and the XMR in their other wallet.This is actually why Kraken has increased their confirmation times for XMR to 24 hours. When you increase the confirmation time, you increase the number of blocks between the XMR deposit and the BCH withdrawal in the scenario above. So much so that even with 80% of the hashrate the attack is no longer feasible.

    There are other points I guess, but we need to address these. Some action needs to be taken to improve, but as you said, we need to be careful.

  • Any opinions on NANO here?

    Jump

  • Not all coins should be privacy coins, not all flowers should be red. The diversity of the ecosystem is very important.

    It's good that you are interested in it. Described like this, it seems a bit strange. Who's paying for the security of the network if there are no fees?My first idea when I hear that is, someone is running the blockchain at his own cost, very few people can do this. So that part of the network will be quite centralized.

    If that's good or bad depends on what dance you want for yourself over there.

  • Monero @monero.town
    arseneSpeculoos @monero.town

    The Qubic minority report

    shai-deshe.gitbook.io /parallel-thoughts/proof-of-work/the-qubic-minority-report

  • Monero Defense Fund

    Jump

  • He was using moneroocean, I am not sure if he moved to something else now.

  • Monero Defense Fund

    Jump

  • Xenu was using moneroocean and you can actually visually see the bump in hash on mining pool stats when he started.It's true that this effort would have been even better if we had a way to outbid the hostile mining pool when they start their attack.This is still a valid and valuable effort IMO.

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Monero Defense Fund

  • Meta @monero.town
    arseneSpeculoos @monero.town

    Could we get some pics working again please?

  • Monero @monero.town
    arseneSpeculoos @monero.town

    PoW mining pool centralization discussions by Monero Research Labs

  • Monero @monero.town
    arseneSpeculoos @monero.town

    I have started mining monero, you too, you can ;)

    gupax.io /guide/
  • Monero @monero.town
    arseneSpeculoos @monero.town

    Divinations of Monerokon - The supernodes are singing

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Quantum computers are not breaking encryption any time soon

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Monero is for communists

  • Monero @monero.town
    arseneSpeculoos @monero.town

    I used to think that the BTC security model is in trouble, I was so wrong! /s

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Chronicles of Degendaland - The beast of the coffers

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Chronicles of Degendaland - The ships of spice money are empty

  • Monero @monero.town
    arseneSpeculoos @monero.town

    Little Degen and Mister Fiat

  • Monero @monero.town
    arseneSpeculoos @monero.town

    The killer app of crypto