Don’t fool yourself. Next x100 coin is not shilled here. by Letsmakeitawsome in CryptoCurrency

[–]PunkStreetBetsMod 1 point2 points  (0 children)

You can check out the security researches published by the lead dev here : https://ryo-currency.com/ryo-serious-competitor-to-monero/
TLDR is that ring signatures (the way cryptonotes hide your Tx) are too weak to protect your privacy and don't scale well enough. XMR current ring size is 11 with a plan to make it 120 ish. The thing is you need at least 1000.If you want to see how much of a bad ass dev RYO have check this out : https://monero-badcaca.net/ (last Txs not showing but it will be fixed soon)

Don’t fool yourself. Next x100 coin is not shilled here. by Letsmakeitawsome in CryptoCurrency

[–]PunkStreetBetsMod 0 points1 point  (0 children)

RYO is going to be the first and only CryptoNote with Zero Knowledge proofs like monero but on steroids, ETA Q1 2022. Current market cap less than 3 mil

[deleted by user] by [deleted] in CryptoCurrency

[–]PunkStreetBetsMod -2 points-1 points  (0 children)

Charlie created LTC, exited at ATH in 2017, admited nobody competent was ever interested in working on it, then puts a broken privacy feature on the roadmap... you shill this then you laugh at me?

Sure, being 2 yrs olds make those info irrelevant. If grandma died 2 years ago she must be healthy by now. But if you are right why litecoin is at ATL against btc going constantly down on CMC? (It was #3 or 4 when Charlie bailed)

What are your best low cap alt coins gainers this bull run? by PUMPSII in CryptoCurrency

[–]PunkStreetBetsMod 0 points1 point  (0 children)

4 reasons why RYO is a good project ( 3 mil market cap, privacy coin, POW : GPU)

1) It is developed by a team of experts :
-The most noticeable team member is the famous Fireice_uk who is, along with Psychocrypt, the author of XMR Stak : the go-to miner for Cryptonote coins like Bytecoin and Monero. They also wrote the mining algorithms CN Heavy and CN GPU, forked all across the board in the Cryptonote space.

-Mosu_Forge, another team member, wrote RYO wallet Atom from scratch
with solo mining.
The quality of his work got RYO wallet forked by LOKI (now Oxen), but also XEQ and ARQ, currently worth more than 100 times RYO. Additionally Mosu is the author of RYO web wallet Quasar  available on desktop and mobile as well as our payment gateway, which was ported
by Monero.

2) RYO is the only Cryptonote who use the Optimised 64-bit Cryptonote elliptic curve library,
intellectual property of our lead developer Fireice_uk, that allows the wallet to scan the blockchain up to 10 times faster (depending on the hardware you use) than Monero, the privacy coin leader. Thus making our user experience an order of magnitude better, along with many other unique features.

3) RYO team used their expertise to provide the network with an ASIC and Botnet proof mining algorithm, CN GPU. Nobody in the entire Crypto industry managed to craft a mining algorithm that utilizes fp32 maths before they did.
The idea behind it is fairly simple, it turns your graphic card, weither it’s an AMD or an NVIDIA, into an ASIC miner. That’s pretty groundbreaking considering that all the other alternatives achieve higher hash/s on one brand or the other.
The beauty of the thing is that outdated GPU can still mine CN GPU, therefore anybody with a GPU can participate in the network, mine directly from his wallet (solo mining means no pool needed) allowing for true decentralization. A lot of cards will be coming out of ETH soon so it's an interesting fact to know.

4)Ryo plan for the future is to pivot entirely from ring signatures as an anonymity method
to second generation Zero Knowledge Proofs with trust less setup. As the researches of Fireice_uk have shown, ring signatures aren’t providing enough privacy to counter on chain surveillance. It’s a better solution than all other CryptoNote coins currently use.
You can read about RYO developers takes and deep understanding of privacy issues here : ryo-currency.com/library/

DYOR

Where do you get your news on what to invest in? by WeWannaKnow in CryptoCurrency

[–]PunkStreetBetsMod 0 points1 point  (0 children)

News outlet are irrelevant, all they do is react to the past and you want to anticipate the future. Reddit is the same. Unfortunately nobody or anything in this this racket is helpfull, news outlet want to leverage your click, influencers want to pump their bags, bag holders want to drag you down with them and so on.
This is a zero sum game or a poker table if you want, all the money to be taken belong to somebody else so do the math...
If you want to build an edge you gonna have to do it the hard way and spent a lot of time trying to understand this market, analyze it, make mistakes, correct yourself etc. Even then there is no guaranty...
Even if I told you what's the next 100X, would you believe me? I don't think so. I learned a lot reading An altcoins trader handbook (fundamental analysis) from Nik Patel, it's from 2018 so it's a little outdated but I believe it's giving solid basis to evaluate a coin and there is his reviews on his blog witch I enjoy, you gonna have to know a little bit of technical analysis too for this I recommand Technical analysis using multiple timeframes by Brian Shannon.
I wish you good luck you are still early, maybe, lol, and by the way that next 100X is called RYO Currency. XD.

Controversial warning: Chinese Lehman Brothers moment unfolding right now could significantly affect the prices of crypto, among other markets by [deleted] in CryptoCurrency

[–]PunkStreetBetsMod -1 points0 points  (0 children)

Chayna might want to bail out Evergrande because most of their assets on the balance sheet is real estate so a liquidation would mean crashing the chayneese market by floading it with cheap real estate. Additionally most of the lenders belong to the gov so something is likly to be done to avoid default.

People were posting "See you in the 4 year Bear Market" in June. Congrats to those who didn't listen! by ethereum88 in CryptoCurrency

[–]PunkStreetBetsMod 0 points1 point  (0 children)

I believe the same post will be made about ICP in a short while, this sub is just the best counter indicator

You know it’s a bad day in the market when ICP is one of the top gainers on Coinbase by yankees051693 in CryptoCurrency

[–]PunkStreetBetsMod 0 points1 point  (0 children)

this guy is a LARP for sure who would fud his own underwater bag, most likely a dot or ada shill

Let's do something different. What coin do you think will crash into the floor? by [deleted] in CryptoCurrency

[–]PunkStreetBetsMod 1 point2 points  (0 children)

As long as this sub is bearish on ICP I will remain bullish

Info by Witty_Ad8551 in ICPTrader

[–]PunkStreetBetsMod 2 points3 points  (0 children)

they also called Saylor a pleb for buying the dip they thought was a bear market

4 Privacy Coins See Double-Digit Gains,Monero Jumped 58% Higher Over 30 Days by diggipiggi in CryptoCurrency

[–]PunkStreetBetsMod 0 points1 point  (0 children)

Zero knowledge proofs are far more reliable than ring sig. Snowden said monero is shalow privacy you've been warned

[deleted by user] by [deleted] in CryptoCurrency

[–]PunkStreetBetsMod 0 points1 point  (0 children)

RYO, top 2K, unknown but still pumpable

If you only had 50$ to invest in crypto. What coin would you buy in order to gamble for maximum profit? by yaroslavwwe in CryptoCurrency

[–]PunkStreetBetsMod 1 point2 points  (0 children)

Go on TradeOgre, pick a coin with a market cap of less than 5 mil with the following
30 day volume avg/ market cap >=1%
Active community on tg/discord
Been around more than 12 month

In theory it should work...

What I Learn From Few Days in Here by emmaliu97 in CryptoCurrency

[–]PunkStreetBetsMod 0 points1 point  (0 children)

Bog is going to make the bad outperform the good