WhoAmI

Transactions can't be illegal - only the crime behind the transactions can be.

The government treats us like children who can't distinguish between the two, and unfortunately, the majority of people can't comprehend it, so they're right.

The only people hurt by these "illegal" transactions is the fucking government, ask anyone on the street.

I have never, in my entire life, been hurt by "illegal" transactions.

Thanks to cryptography, we can show the middle finger to their entire LEGAL crime organization and just go on with our lives.

Life is good, fuck the government. And they'd better sit quietly, or they'll end up like Nepal. We have the power now, so fuck off.

I learned it from Doug.

Pubic never had 51%, stop spreading misinformation.

BTW. Anyone who thinks relying on another network is a good idea (Finality Layer) - is a fucking retard.

No one likes Internet beggars.

No, you should keep it so other beggars know they won't get even one piconero.

https://www.youtube.com/watch?v=anwy2MPT5RE

So not only do you beg, you also spam. Great.

Yep, a quick summary for those who didn't see it firsthand: https://www.youtube.com/watch?v=eafzIW52Rgc&t=1049s

and the current mining model: https://www.youtube.com/watch?v=sw6aMxaNmXA&t=416s

Just mine it on P2Pool using Gupax, it’s the easiest way to obtain it without being a beggar.

Leave it running overnight, and by morning you’ll probably have it.

I agree that the future does not look bright due to the declining rewards in Bitcoin Core, they may struggle much sooner than everyone anticipates. I reckon two more halvings and there will be an economic problem with securing the network.

The only solution I see, which would not trigger another hard fork and further split their community, is that governments who have invested money in it will donate funds to mining companies or start mining themselves.

Not having a tail emission is one of many nails in the coffin they currently have, but their simple proof-of-work system has proven effective in securing the network against 51% attacks, it just needed time to grow. Of course, we can argue about centralization and other issues due to it being ASIC-friendly, but that’s a whole different story.

I’m only saying this: we should not move toward convulsed systems like a finality layer just because of fearmongering, we should give the current system more time, and difficulty charts have been looking promising over the years.

I’ve said it on GitHub, in the next few years, no one will even dream of having 1% of the hashrate on the Monero network.

Maybe they talk so much about the finality layer because their true intent is to move it to Tari (premined crap that currently does nothing) later, to boost it somehow...

All I know is that it stinks.

This "Finality Layer" PoS solution does not replace PoW RandomX, it is an addition that relies on another network and does not even eliminate the problem completely, but only reduces it while adding unnecessary complexity and making Monero a b*tch of other network like Ethereum / etc.

It's a very bad idea, we might as well create a "Monero" token on Ethereum, forget about Monero’s own chain, and call it a day.

In my opinion, the network as it is will be completely immune to such attacks in about a year or two, with the hashrate growing at this pace.

Just look at how simple and elegant Bitcoin PoW is, the more complex we make it, the less secure it becomes, as we add more possible attack vectors and make it harder for some miners to join (some proposals require a full node and other BS).

I can see that developers love the idea of PoS "FL" because it may be technically erotic, but it stinks of multiple STDs.