• 2 Posts
  • 26 Comments
Joined 1 year ago
Cake day: June 12th, 2023
  • chaserOPtoMonero•probability theory question: mean subsequent block timeEnglish
    1·
    27 days ago

    thank you very much, Rucknium. your understanding of my question was spot-on, and the R code works excellently! very useful.

    I’d like to ask a few more questions:

    • is 314 a common seed in R, or just something you randomly picked?
    • in statistics in general, are there cases where n * 100000 random samples (any distribution) would be insufficient? is it a good rule of thumb?
  • chasertoMonero•What is Carrot and Why It's Important for Monero
    3·
    2 months ago

    good point. FCMP++ will be an upgrade to the Monero protocol through a network upgrade. to realize the privacy benefits of it, you need a new addressing scheme. so far the scheme was planned to be Jamtis-RCT. Carrot is a separate addressing scheme to be used with FCMP++. nothing prevents the simultaneous use of both, and they look the same to outside observers. FCMP++ was basically “upgraded” by adding another potential addressing scheme to it.

    this doesn’t guarantee that both will be used. my guess would be that the industry will converge on one addressing scheme.

  • chasertoMonero•Techlore TutaPrivacy interview
    1·
    4 months ago

    Tuta accepts Monero as payment.

    do they directly take actual XMR, or do you mean that they sell vouchers to Proxy Store that Proxy Store then resells for XMR? as far as I know, it’s the latter, and there is a huge difference between the two.

  • chasertoMonero•SimpleX Server Payments: Will XMR be a default?
    1·
    4 months ago

    As you “have no time to look deeper into this” we will end the discussion here.

    I find the questions you raise very useful, but this tone totally kills the ability to convince anyone.

    I tend to think that the ability to simply switch to other servers with a few clicks/taps is a big improvement over the Signal model, where you’re at the mercy of a single company. I agree that until community-run servers emerge (I don’t know the progress on this) and people switch to those, SimpleX-the-company can perform a limited form of statistical surveillance. they can also defederate from any server (I suppose that’s how they would carry out the “disruption” they mention in their terns of service), though that’s something that every server can do.

    is there a better architecture that can prevent this? if there is, we should look into that.

  • chasertoMonero•Since DAI is currently being destroyed
    2·
    6 months ago

    see what happens to cause it to recover.

    this should set you up as a starter: https://www.liquity.org/blog/on-price-stability-of-liquity

    I was under the impression that the oracle signal was on chain, from liquidity pools against other stables

    that would mean that if even one of those stables dies, LUSD would destabilize too (and there would be no possibility of intervention, since that protocol is completely ossified). that’s worse overall.

    Maker was not immutable yet

    I was talking about Chronicle, the oracle protocol that spun off from Maker.

    basically that is never going to happen.

    look at Maker’s history, what’s been promised, and what’s been delivered. don’t take it for granted that puredai will ever happen.

  • chasertoMonero•Holy shit Majestic Bank is still around, I had forgotten about them.
    21·
    6 months ago

    yeah, you created an account and posted this right after and nothing else. you must be totally not Majestic Bank yourself.

    you ripped me off every time I used your service. you skewed the price in your favor by several percentages after my transaction was detected, while the trade was processing. I even corrected my calculation for price volatility during the trade, so you can’t say “sorry, the market tanked while you were waiting”. overall I usually ended up losing 4-5% compared to mid-market prices at the time of the first confirmation of my deposit. (for perspective, this was in times when XMR had good global liquidity and anything above 2.5% loss was basically a ripoff.)

    the only remotely positive thing about you is that you pour a lot of money into Monero conference sponsorships. this self-advertising is the sole thing that keeps your reputation within the Monero community from going to zero.

    your shitty practices ensured I will never trust you again. get lost.

  • chasertoMonero•Holy shit Majestic Bank is still around, I had forgotten about them.
    3·
    6 months ago

    they’ve done worse every time I used them: they jacked up the price well after my deposit was detected by them. I ended up losing several percents compared to the price they promised.

    it’s a scammy service and they invest a lot into event sponsorships (for conferences, meetups) to gain visibility. they also leave useless comments on GitHub issues, which also looks like self-promotion. just like this useless Lemmy post. I’ll never use them again.

  • chasertoMonero•Since DAI is currently being destroyed
    3·
    6 months ago

    as someone who has studied both, I would recommend LUSD (v1) over dai. LUSD was launched 3 years ago, so it stood the bear test. the minimum collateralization ratio of 110% applies to individual troves as long as the total system collateralization is over 150%. once that’s breached, troves are required to have 150% minimum. the Achilles heel is the oracle. if Chainlink pulls the rug, which they can, it’s over (sadly, Tellor is used by Liquity in a way that it can’t protect against a Chainlink apocalypse). Maker is somewhat better in this because they use Chronicle, which is ran by more trustworthy people, but I’m almost sure they haven’t made their contracts immutable. if that is the case, then the same attack vector exists there.

    as you’ll see, neither of these are the solution we’re looking for, and they both run on the no-privacy, hypercomplex, captured, constantly changing Ethereum blockchain, so… fuck.

    but dai for a long time has not been what the market thinks it is. avoid it.