/biz/ - Business & Finance

XMR is only really good to actually use though.
Not much holding it.
Besides, I'm not furthering the interests of paedophiles

XMR is the the equivalent of being a Linux user

>>55608069
>>55608089
no youre right, discreet fixes this
read the paper or website lol

>>55608066
checked

>>55608089
>>55608069
This kills the XMR

>>55608066
>ringsig 64
The current 16x ring size is a tradeoff between TX size, processing time and anonset. Because the userbase is larger the effective anonset is still larger. Effective anonset also depends on transaction uniformity and decoy selection algorithm, both are much worse once you ad other bulk to the chain (eg scripting capabilities). Its planned to add full membership proves to the next chain upgrade, bumping the true anonset to the entire chain.

>smaller block sizes
Current block sizes are not a limit for decentralisation, in fact I estimate that 90% of the nodes can handle a 10x transaction increase without performance degradation. Hardware improvements still outpace xmrs growth rate

>EUTXO programming
Junk drawer data ruins privacy

>literally the project everyone has been asking for
LMAO no one asked for this

>slow as shit
Zero conf allows TX to clear within 30s max.. If you disable dandelion++ (not needed when using tor), then 5-10s are typical.
Spending has 10 block limit, but transaction chaining is planned for the seraphis upgrade, eliminating this bottleneck too.

>loosing devs
L M A O

>ICO
So you say this is an unregistered security? Great. I'd rather have anon devs, anon community and anon funding.

Where POW? Where asic resistance? Where tail emission? Where dynamic block size?

If you are reading along: Privacy isn't why monero is great, its just one part of the story. Take your time to evaluate the other aspects as well before dumping your cash into a shitcoin

why do you care so much about my financial well being?

>>55608264
MONERO MAXI SPOTTED

Whats a sui stack of this?

Poojeet street vendors will use the discreet sers.

>>55609626
REMINDER: Seraphis will be implemented before mainnet launch (as per their development update posted a few days ago). Their modus operandi is to support various tx types, so Seraphis will be used for bridges/swaps where multi-sig is required, I think they worked with Sarang on the Triptych paper to address the multi-sig issue, because it's active right now, and I looked over "Discreet Core" (their C++ cryptolib) and it's a modified one of the initial PoC that was published.

The reason I'm bullish and decided to bunch a dump of BNB into this is because it's so fucking rare to see a team actually work towards something useful. I think you have a point that 86k tx/s is not gonna mean automatic adoption, but when Discript comes out, with their grants they have talked about, then it's very obviously likely to attract ADA developers that got treated as exit liquidity by IOHK.

If AZERO (which Aurem, their confidential proof of stake protocol) is anything to go off of, fees will be really slow because hotseat comittee + inexpensive hardware to validate blocks = cheap fees while still being manageable for validator node operators.

I'm in, I don't care if it goes nowhere, I'm happy to hear they got the CEX listing, we need more privacy coins regardless, and for once I'm happy in 6 years of browsing /biz/ that there's a coin that's not poopoo. I'm in the testnet group right now, and it's filled with (non-team) developers trying to build shit, so that's a good sign. An earlier thread I read had an API setup that was public-facing and there's talks of independent web/mobile wallets.

Community is good, discussion about a project is good, especially if it can catch the eyeballs of other developers for that ecosystem. Once IOHK goes the way of Enron, that's gonna be... exciting.

>>55608066
>https://discreet.net/pre-sale
what network will this be on? eth?

>>55608284
>brandon koerner

>>55611064
Its a L1 so the placeholder tokens during the ICO will be transferred to the mainnet in Q4

>>55611127
ok so whats mainnet? ethereum? what network will it be on anon? answer the question

>>55611018
triptych and seraphis are mutually exclusive branching pathways, switching from one to the other is not possible AFAIK

Also seraphis is out at least 2 years, so having fun staying on testnet while the big boys steadily keep growing their user base

>>55611164
Nigger a "mainnet" is a L1, imagine ethereum but not ethereum like vitalik was reborn and made a seperate chain

>>55611702
Wrong
t. XMR maxi

>>55611879
what, the first part or the second? Kayas estimate on full ring membership proves is 6-9 months, seraphis 12-15, and the word of mouth is that both estimates are very optimistic

>>55608066
This is one of the dumbest comments I've seen. I hope those retards don't buy into such a conception because it's obsolete and you sound kind of uninformed. Have you heard of DEPIN? A good example is what Eloop One is doing on Peaq. They will leverage their machine ID for revenue distribution purposes on Tesla.
Always stay informed and updated, because there are many utilities that aim to provide economic value and are not a haven for uncensored users and bad actors.

>>55608066
How long are you going to shill this ICO scam for? No one cares. It was bad enough when you were shitting up every Monero thread, trying to ride them for popularity.

>>55612406
P2 has only been in effect since March lol, stop fudding your own bags

>>55608066
Is this a joke I'm not getting?
This rug was in presale 2 years ago

>>55608066
Good thread.

>>55612651
>https://explorer.discreet.tools
"""RUG"""

>>55612658
I call every single coin in existence a "rug".
More importantly, wasn't this Discreet token being sold in 2021 too? With a presale. What happened in 2 years?

>>55612679
They delivered a product unlike actual rugs lol, the paper was published in 2021, they just released an updated one but like yeah this is one of those rare biz gems that marinate until it becomes a 50x'er

>pic rel

>>55608066
>i tried to warn you
you're a nobody with less than even $100k networth
be quiet

encrypted erc20s soon on avax
https://www.youtube.com/watch?v=5yLeYfB3ZBc

>>55611962
discreet has their own R&D department lol, you think theyre waiting for community cucks to do the work? read their blog