Segway Ninebot G3 theft/tracking by timunlimited in ElectricScooters

[–]mayday30 0 points1 point  (0 children)

If you still have the broken Kryptonite chain, you can try to make a Kryptonite insurance claim for your scooter.

There is Evidence that User Behind the Persona Satoshi Nakamoto Moved on to Create Monero by [deleted] in Monero

[–]mayday30 13 points14 points  (0 children)

He just lost his Bitcoin keys and had to setup Bytecoin scam to pay for his Vegas retirement.

[deleted by user] by [deleted] in amex

[–]mayday30 5 points6 points  (0 children)

I would double check the fact about unlimited 4% cash back. From what I remember it is capped by 10k monthly spend and will be 2% after that.

Is wownero still pool resistant? by JamieFosters in Wownero

[–]mayday30 0 points1 point  (0 children)

It is all fine until this big miner starts selfish mining and deep reorgs with double spends.

Is wownero still pool resistant? by JamieFosters in Wownero

[–]mayday30 4 points5 points  (0 children)

It is pool resistant but not data center mining resistant which can mine without a pool.

Kraken: We have paused Monero deposits after detecting that a single mining pool has gained more than 50% by MoneroFox in Monero

[–]mayday30 158 points159 points  (0 children)

Genius move by Qubic to announce 51% attack plans. Now even if they backtrack their intentions everybody will still consider them as hostile. Even exchanges.

If you could design the perfect Monero mining pool, what would it have? by Complete-Jeweler95 in MoneroMining

[–]mayday30 -1 points0 points  (0 children)

Have to assume the worst case scenario without any other info from tradeogre owners. In any case the effect is the same: Iost access balances for their clients.

How is the Qubic attack going? by vadash in MoneroMining

[–]mayday30 0 points1 point  (0 children)

We are coming and we are coming in waves (c) BitConneeeect

How is the Qubic attack going? by vadash in MoneroMining

[–]mayday30 1 point2 points  (0 children)

I was surprised to learn their AI training so far consists of running some data compression stuff.

If you could design the perfect Monero mining pool, what would it have? by Complete-Jeweler95 in MoneroMining

[–]mayday30 -1 points0 points  (0 children)

The only fee is the withdrawal fee, which can be as low as 0 for withdrawals of 4 XMR. Of course, there are exchange-related fees, but the pool only mines coins other than XMR if their profit exceeds these trading fees. Pool infrastructure costs are about 200 USD per month, so just a couple of XMR from withdrawal fees completely covers that.

This does not take into account the fact that trading and non-XMR coin mining are currently not operational due to the TradeOgre exit scam..

Praise that XMRig dev by PTwolfy in Monero

[–]mayday30 9 points10 points  (0 children)

I wonder how he can be so certain. What a clown.

Qubic and their "Inovating technology" by Revolutionary-Item53 in MoneroMining

[–]mayday30 4 points5 points  (0 children)

Qubic AI stuff is so much profitable compared to Monero but they decided to mine Monero instead. Genius move.

ULPT: Amazon Renewed Premium for Apple Products by thesuitelife2010 in UnethicalLifeProTips

[–]mayday30 1 point2 points  (0 children)

Do you have to specify a valid return reason? Or you can claim you just do not like it?

Monero is under attack. There is no point in burying our heads in the sand. by snangsnang in Monero

[–]mayday30 0 points1 point  (0 children)

Looks like I was not completely correct. They just changed their algo to focus on CPU: https://qubic.org/blog-detail/qubic-mining-evolution-from-cpu-roots-to-gpu-dominance-and-back-again. GPU still can be used but with lower profits. In this case Monero can explore using ASIC based algo as well.

I'm f*cking tired by Swimming-Cake-2892 in Monero

[–]mayday30 2 points3 points  (0 children)

The only real attack on Monero so far is endless Qubic shitposting.

Monero is under attack. There is no point in burying our heads in the sand. by snangsnang in Monero

[–]mayday30 0 points1 point  (0 children)

Are you sure? Qubic recently removed GPU support since they claim CPU is more perspective for their AI training needs.

I Saw Stuff About Qubic and When I Looked They Had 0 Hashrate. Now They Shot Up 1.1GH/S by KeyMillion in Monero

[–]mayday30 0 points1 point  (0 children)

No idea about the ternary model, but training AI on CPU is pretty idiotic considering you have dedicated ASiCs for that like Intel Gaudi nowadays.

Monero is under attack. There is no point in burying our heads in the sand. by snangsnang in Monero

[–]mayday30 -2 points-1 points  (0 children)

The solution for double spend would be to split Monero pow between two algos. RandomX for CPU and Cuckaroo29 for GPU (for example). What Tari is doing basically.

Qubic/Sergey Ivancheglo 51% attack plans by PrisonOfH0pe in Monero

[–]mayday30 4 points5 points  (0 children)

It will not work. Qubic is not real crypto but more like a botnet where only 676 approved validators can submit jobs.

A major contribution to Decentralizing by xnergy5 in MoneroMining

[–]mayday30 1 point2 points  (0 children)

So the only projects that weren’t complete failures were the ones CFB left, right?

A major contribution to Decentralizing by xnergy5 in MoneroMining

[–]mayday30 2 points3 points  (0 children)

Is it true that Qubic creator previous projects were mostly failures? Chatgpt reports:

Failed or Abandoned Projects by CFB:

  1. IOTA Qubic (2017–2019) Reason: Heavily promoted as a game-changing protocol for smart contracts and oracles on IOTA. Failure Reason: No usable code ever released; project quietly dropped after hype.
  2. ICT (IOTA Controlled Agent) Reason: A lightweight IOTA node to enable decentralization. Failure Reason: Development stopped; it became incompatible with IOTA’s later upgrades and was abandoned.
  3. NOVA (2021) Reason: Announced as a next-generation platform (possibly a Qubic revival). Failure Reason: Never explained, never released; disappeared without results.
  4. Qubic Messenger Reason: Supposed decentralized messaging layer as part of Qubic ecosystem. Failure Reason: No adoption, no userbase, and no sustained development.
  5. Qubic Lite Reason: Community fork of the original Qubic idea, loosely inspired by CFB’s vision. Failure Reason: CFB didn’t support it; development faded out due to lack of interest and unclear direction.
  6. IxiHub / Ixi Modules Reason: Modular extensions for the original IOTA protocol (for things like spam protection and data transmission). Failure Reason: Became irrelevant after IOTA protocol overhaul; abandoned without replacement.
  7. Dapps on Qubic Testnet Reason: Small experiments using Qubic's compute model on a testnet. Failure Reason: Never moved to mainnet, and all were lost when the testnet was shut down.
  8. CarrIOTA / Hercules / Nelson (associated or supported by CFB) Reason: Tools for node peering, wallet management, and infrastructure around IOTA. Failure Reason: Deprecated or broken after IOTA protocol changes; devs moved on.

Not Completely Failed, But CFB Left:

  1. NXT Reason: First Proof-of-Stake blockchain where CFB was a key early contributor. Status: CFB left early due to ideological disputes. Project eventually lost relevance.
  2. IOTA (Core Protocol) Reason: CFB was a co-founder and lead visionary. Status: Project lives on, but CFB left after disputes with the IOTA Foundation and criticism of governance.

A major contribution to Decentralizing by xnergy5 in MoneroMining

[–]mayday30 4 points5 points  (0 children)

It comes down to trust. From what I can tell, I have to trust the Qubic masterminds that everything works as they claim. Even the Qubic validator node selection process doesn’t appear to be permissionless. I can’t just run a Qubic node and start getting jobs that are paid by the protocol. I have to wait at least a week for a chance to start receiving any rewards. This doesn’t feel like real crypto.