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| fluffypony | gmaxwell: yep exactly - I think we even mentioned something along those lines in MRL-0001, that they can't promise privacy because 80%+ of the txoset is owned by a person (or people) those motives remain unknown | 02:47 |
|---|---|---|
| gmaxwell | might also be true for monero (well obviously not 80% but a lot-- just due to the advantages from the obfscuated miner :( ) | 02:48 |
| fluffypony | obfuscated miner was replaced quickly, though, and the number of mixin 0 transactions may end up working in our favour from that perspective | 02:52 |
| fluffypony | should probably do some analysis of that at some point | 02:52 |
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| smooth | the total amount mined before the obfuscaated miner was fixed was around 5%, and that certainly wasn't all mined by them | 03:02 |
| smooth | however, it is a fair point that you cant really know the ownership of coins in general | 03:02 |
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| gmaxwell | didn't realize it was fixed so fast. well I guess at the time it was fixed it was 100%. :P | 03:06 |
| gmaxwell | I didn't mean to raise that as a major concern. | 03:07 |
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| fluffypony | lol no, it's a valid point | 03:07 |
| smooth | lots of other people were certainly mining though. the market was so bubbly at the time that even the dumb miner was profitable | 03:10 |
| fluffypony | smooth: change was commited May 7th, so ~19 days from launch = 2.58% of initial emission (we have infinite tail emission, too, but still use the 18.4 million initial emission as a reference point) | 03:18 |
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| smooth | fluffypony: that was only a small part of the fix though | 03:19 |
| fluffypony | yep, but that was the big jump | 03:19 |
| fluffypony | 10x improvement in speed | 03:19 |
| smooth | oh okay, faster than i thought then | 03:19 |
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| gmaxwell | I guess my impression was a little distorted in that I went and mined on it right away, and even after speeding up the miner quite a bit myself still found fairly few blocks; but it might have been bad luck. | 03:30 |
| fluffypony | I solo mined on AWS at the beginning for maybe a month and a half, and my estimations were generally aligned with what I actually solved | 03:32 |
| smooth | gmaxwell: people used many cloud instances so unless you were doing that you were just a small share | 03:33 |
| smooth | it was rather shocking how long you could actually pay for cloud computing, use the crappy miner, and still be profitable | 03:33 |
| fluffypony | you should mine on testnet, global testnet hashrate is 230h/s | 03:33 |
| smooth | haha | 03:33 |
| fluffypony | [wallet 9xoaou]: balance | 03:33 |
| fluffypony | balance: 2762282.169573881548, unlocked balance: 2761513.652564764300 | 03:33 |
| fluffypony | ^^rich | 03:33 |
| gmaxwell | thats like my bitcoin testnet wallet. | 03:34 |
| smooth | it was zero for a while right? | 03:34 |
| fluffypony | smooth: yeah, my two testnet mining nodes hiccuped, one didn't start the miner on a reboot and it crashed on the other one, nobody noticed for 2 days | 03:34 |
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| andytoshi | gmaxwell: sorry, i haven't had a chance to look at this, i've been sick all weekend and have a backlog of schoolwork because of it :/ but on a high level i'm excited, this problem seems really hard to me and it's good to make some progress | 17:23 |
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