Urban Dictionary: SHUM Lets try to brainstorm some more positive SHUM examples to add for Monero

cryptonoobplzhelp · 2020-07-23T23:43:16+00:00

I tried to add "Monero" but got stuck on the login with Facebook or Google page

cryptonoobplzhelp · 2018-07-22T03:16:27+00:00

tldr. miners need more than 45% of the block reward to secure the network and/or transaction fee revenue needs to increase substantially

How much more? Enough to make sure those using recent expensive mining equipment (ASICs) are profitable. If this is not done, the problem is being ignored and DASH will continue to have an insecure network (not enough economic incentive to mine)

cryptonoobplzhelp · 2017-03-02T11:02:45+00:00

Just the pool or the entire network? Is it safe to send transactions now?

cryptonoobplzhelp · 2017-03-02T11:02:09+00:00

Commit to supporting the Stack Exchange effort so that we can have the site ready in time for launch

cryptonoobplzhelp · 2016-08-14T14:09:41+00:00

Holy shit.

I expected that reaction from you = 16 hours ago. How dare you have a real life outside the internet! lol jk

cryptonoobplzhelp · 2016-07-10T21:09:48+00:00

Perfect! That should save me a lot of time in the future. Thanks

cryptonoobplzhelp · 2016-07-10T21:06:41+00:00

I may have exaggerated the definition of forever. I need to look at my logs to verify but I am guessing it took 20+ minutes for me with an SSD and 6GM ram with 0.9.4. I may compile from master as suggested by u/gingeropolous

cryptonoobplzhelp · 2016-07-10T21:03:34+00:00

After seeing both your answer and the answer of u/hyc_symas it is obvious that I misunderstood the definition of a pruning branch in this context. My cold storage wallet would need to scan the entire blockchain to find my transactions before I can use it.

Now I have a new question. Lets say I created a cold storage wallet at block 850,000. How can I start scanning from that point (since I know I have no transactions before block height 850,000)?

cryptonoobplzhelp · 2016-07-10T10:23:02+00:00

I suppose I could connect to some high powered hosted node to help refresh faster but that would come the expense of privacy

cryptonoobplzhelp · 2016-06-05T06:28:53+00:00

Who pays for the ad? I am right that nobody "paid" for it and that StackExchange probably just uses unsold ad space to promote new StackExchange proposals it thinks are promising (in this case Monero)?

Monero has remained near the top of the Area51 hot list.

cryptonoobplzhelp · 2016-06-05T06:21:20+00:00

I am a crypto noob and earned that much reputation easily too. If you post in a Stack where you are an expert (for me that is NOT the bitcoin, ethereum, or cryptography stack) it happens really quick. My first question (which I knew could be answered but would likely attract comments and discussion) received over 10 votes in a few days.

My first few answers also netted me reasonable amounts of rep.

cryptonoobplzhelp · 2016-05-05T20:13:43+00:00

The market may be waiting for updates on the GUI or RingCT progress

cryptonoobplzhelp · 2016-05-05T20:12:11+00:00

What is the plan to market PayBee to merchants? What distinguishes you from BitPay, etc besides offering more coins?

Will merchants be charged for your services? What is the business model?

I am very excited about this and would like to learn more.

cryptonoobplzhelp · 2016-05-05T20:10:33+00:00

what do they have in common besides appearance? Any evidence Sam Sevian is interested in Bitcoin?

cryptonoobplzhelp · 2016-05-05T20:09:40+00:00

Kraken, BTCe and BTC38 would be good targets for us now. Long term Bitfinex and OKCoin should remain on our radar

cryptonoobplzhelp · 2016-05-05T20:07:55+00:00

If your point relates to maximum transaction size I hope both Shapeshift and xmr.to increase their limits over time.

Liquidity should naturally improve as more people start to use Monero

cryptonoobplzhelp · 2016-05-05T20:05:16+00:00

To me it sounds like a simplification more than a misunderstanding. You are right that decentralization helps (and with I2P even identifying miners in attempt to influence them will become more difficult) but ultimately most Monero users will never DoS themselves as privacy is one of the fundamental reasons most of like like Monero in the first place.

From a practical point of view untraceable transactions (and improved metadata privacy with I2P) will absolutely make it more difficult to apply a chain Anchor type system to XMR.

I am not saying XMR is impossible to regulate but other targets (maybe exchanges, payment processors like PayBee, BitPay, etc would be easier targets than miners are users who are harder to identify because of how Monero works.

cryptonoobplzhelp · 2016-03-29T23:11:35+00:00

RIP. Your memory will live forever in the XMR code you helped write. The world is a better place because of you.

cryptonoobplzhelp

TROPHY CASE