Shakedown Social

Kevin Karhan :verified:<a href="https://vmst.io/@maikel" class="u-url mention" rel="nofollow noopener" target="_blank">@maikel</a> basically, it boils down to the few key features of <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#Monero</a>:<code>1.</code> <a href="https://infosec.space/tags/Anonymity" class="mention hashtag" rel="nofollow noopener" target="_blank">#Anonymity</a> & <a href="https://infosec.space/tags/Privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#Privacy</a>: Unlike with any other <a href="https://infosec.space/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener" target="_blank">#cryptocurrency</a> (aka. <a href="https://infosec.space/tags/Shitcoins" class="mention hashtag" rel="nofollow noopener" target="_blank">#Shitcoins</a>) it's not just pseudonymous in that there is no mandatory linkage between individuals & their wallets, but the entire transaction history and balance is hidden. Unlike say <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#Bitcoin</a> or <a href="https://infosec.space/tags/Ethereum" class="mention hashtag" rel="nofollow noopener" target="_blank">#Ethereum</a> one cannot track the coins from the moment of mining to their destination.<code>2.</code> Speed: Monero's network does mine one block every 2 minutes. After 10 blocks any transfered balance gets unlocked for spending. That means that a transfer is completed at worst within 6 minutes and the balance is being unlocked at worst after 24 minutes. This makes it faster than Instant-<a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener" target="_blank">#SEPA</a> which only has a 1 hour SLA.<code>3.</code> <a href="https://infosec.space/tags/Fungibility" class="mention hashtag" rel="nofollow noopener" target="_blank">#Fungibility</a>: Like <a href="https://infosec.space/tags/cash" class="mention hashtag" rel="nofollow noopener" target="_blank">#cash</a> all it's coins are equal, since they cannot be tracked. This makes Monero the digital equivalent of cash.<code>4.</code> <a href="https://infosec.space/tags/Scalability" class="mention hashtag" rel="nofollow noopener" target="_blank">#Scalability</a> & <a href="https://infosec.space/tags/Stability" class="mention hashtag" rel="nofollow noopener" target="_blank">#Stability</a>: Monero adaptively self-adjusts block sizes and mining difficulty based upon demand (transactions in it's <code>mempool</code> aka. requested transactions that have to be added to the blockchain) and supply (total blockchain hashrate). Unlike Bitcoin and Ethereum it has a fixed Tail Emission Rate of at least 0,6 <a href="https://infosec.space/tags/XMR" class="mention hashtag" rel="nofollow noopener" target="_blank">#XMR</a> (Monero) per block, so the miners solving it get at least 0,6 XMR (+ transaction fees), which is a longterm stable rate. Bitcoin and Ethereum will necessitate huge transfer fees once their last coins are mined to make sense, which will result in the crash of said cryptocurrencies as they'll be too expensive to trade!<code>5.</code> Anti-<a href="https://infosec.space/tags/ASIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#ASIC</a> and focussed on <a href="https://infosec.space/tags/CPU" class="mention hashtag" rel="nofollow noopener" target="_blank">#CPU</a>|s of general-purpose machines: Whilst it does run on <a href="https://infosec.space/tags/ProofOfWork" class="mention hashtag" rel="nofollow noopener" target="_blank">#ProofOfWork</a>, it's specifically designed to run poorly on <a href="https://infosec.space/tags/GPU" class="mention hashtag" rel="nofollow noopener" target="_blank">#GPU</a>|s and not on <a href="https://infosec.space/tags/ASICs" class="mention hashtag" rel="nofollow noopener" target="_blank">#ASICs</a> as the latter one are not just manufactured <a href="https://infosec.space/tags/eWaste" class="mention hashtag" rel="nofollow noopener" target="_blank">#eWaste</a> but also inherently increase the centralization (with less than a dozen big miners controlling >50% of Bitcoin and Ethereum's hashrate respectably). Thus it's the "least worst" in that regard. <a href="https://infosec.space/tags/ProofOfStake" class="mention hashtag" rel="nofollow noopener" target="_blank">#ProofOfStake</a> is not possible due to it's privacy-based setup (<a href="https://infosec.space/tags/Staking" class="mention hashtag" rel="nofollow noopener" target="_blank">#Staking</a> necessitates a public balance) and unlike a <a href="https://infosec.space/tags/Shitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#Shitcoin</a> like <a href="https://infosec.space/tags/FileCoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#FileCoin</a> it doesn't incentivize <a href="https://infosec.space/tags/hoarding" class="mention hashtag" rel="nofollow noopener" target="_blank">#hoarding</a> components. (in this case: <a href="https://infosec.space/tags/HDD" class="mention hashtag" rel="nofollow noopener" target="_blank">#HDD</a>|s)<code>6.</code> Accepted & Convertable: Whilst there is a concerted effort to ban Monero, there are payment processors like <a href="https://infosec.space/tags/NowPayments" class="mention hashtag" rel="nofollow noopener" target="_blank">#NowPayments</a> that accept Monero. It's low transaction fees and good speed make it useable in settings like Restaurants and Online Stores (sadly not retail, because it would need to be like 60x faster)... And even then it's easy to convert to/from Shitcoins.That's the <a href="https://infosec.space/tags/TLDW" class="mention hashtag" rel="nofollow noopener" target="_blank">#TLDW</a> of <a href="https://www.youtube.com/watch?v=B7sLnmlZ-kU" rel="nofollow noopener" target="_blank">Whiteboard Crypto</a>, <a href="https://www.youtube.com/watch?v=QrHsFZBab4U" rel="nofollow noopener" target="_blank">Mental Outlaw</a> and <a href="https://www.youtube.com/watch?v=H33ggs7bh8M" rel="nofollow noopener" target="_blank">The Hated One</a>…And finally:<code>7.</code> Monero gets continously developed and enhanced, whereas Bitcoin, <a href="https://infosec.space/tags/Litecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#Litecoin</a> and Ethereum don't even do <a href="https://www.youtube.com/watch?v=-3BF_mE2e6M" rel="nofollow noopener" target="_blank">proper</a> <a href="https://infosec.space/tags/upgrades" class="mention hashtag" rel="nofollow noopener" target="_blank">#upgrades</a> via <a href="https://infosec.space/tags/HardForks" class="mention hashtag" rel="nofollow noopener" target="_blank">#HardForks</a> (see <a href="https://infosec.space/tags/EthereumClassic" class="mention hashtag" rel="nofollow noopener" target="_blank">#EthereumClassic</a>)...

🧿🪬🍄🌈🎮💻🚲🥓🎃💀🏴🛻🇺🇸Listen, I hate <a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> as much as anyone but I can give credit where it's due, and this is a solid win: > Dominant Chinese makers of <a href="https://mastodon.social/tags/bitcoinMining" class="mention hashtag" rel="nofollow noopener" target="_blank">#bitcoinMining</a> machines set up US production to beat <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#tariffs</a><a href="https://www.reuters.com/world/china/dominant-chinese-makers-bitcoin-mining-machines-set-up-us-production-beat-2025-06-18/" rel="nofollow noopener" translate="no" target="_blank">https://www.reuters.com/world/china/dominant-chinese-makers-bitcoin-mining-machines-set-up-us-production-beat-2025-06-18/</a><a href="https://mastodon.social/tags/bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#bitcoin</a> <a href="https://mastodon.social/tags/mining" class="mention hashtag" rel="nofollow noopener" target="_blank">#mining</a> <a href="https://mastodon.social/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener" target="_blank">#cryptocurrency</a> <a href="https://mastodon.social/tags/crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#crypto</a> <a href="https://mastodon.social/tags/china" class="mention hashtag" rel="nofollow noopener" target="_blank">#china</a> <a href="https://mastodon.social/tags/manufacturing" class="mention hashtag" rel="nofollow noopener" target="_blank">#manufacturing</a> <a href="https://mastodon.social/tags/hardware" class="mention hashtag" rel="nofollow noopener" target="_blank">#hardware</a> <a href="https://mastodon.social/tags/asic" class="mention hashtag" rel="nofollow noopener" target="_blank">#asic</a> <a href="https://mastodon.social/tags/asics" class="mention hashtag" rel="nofollow noopener" target="_blank">#asics</a>

Jess (short for Jessica)<a href="https://mastodon.energy/@jgkoomey" class="u-url mention" rel="nofollow noopener" target="_blank">@jgkoomey</a> <a href="https://mastodon.social/@geerlingguy" class="u-url mention" rel="nofollow noopener" target="_blank">@geerlingguy</a> <a href="https://mastodon.social/@film_girl" class="u-url mention" rel="nofollow noopener" target="_blank">@film_girl</a> This is a subject super near and dear to me. I now basically work on <a href="https://fosstodon.org/tags/asics" class="mention hashtag" rel="nofollow noopener" target="_blank">#asics</a> and to a much lesser degree <a href="https://fosstodon.org/tags/fpgas" class="mention hashtag" rel="nofollow noopener" target="_blank">#fpgas</a> but in the time around when the M1 came out was a string of R&D programs I started on that got cancelled in succession for "limited business viability" reasons.

Jess (short for Jessica)I suppose an <a href="https://fosstodon.org/tags/introduction" class="mention hashtag" rel="nofollow noopener" target="_blank">#introduction</a> update is in order, so here goes. The first computer I ever programmed for (and crashed) was a Convex C240 while spending weekday afternoons as a child mostly unsupervised in the cs department at a public university. I know enough <a href="https://fosstodon.org/tags/fortran" class="mention hashtag" rel="nofollow noopener" target="_blank">#fortran</a> to be dangerous, enough <a href="https://fosstodon.org/tags/python" class="mention hashtag" rel="nofollow noopener" target="_blank">#python</a> to survive, but make a living working on physical stuff (mostly <a href="https://fosstodon.org/tags/ASICs" class="mention hashtag" rel="nofollow noopener" target="_blank">#ASICs</a> in the recent past but with a much bigger project on my hands right now). <a href="https://fosstodon.org/tags/asic" class="mention hashtag" rel="nofollow noopener" target="_blank">#asic</a> <a href="https://fosstodon.org/tags/chips" class="mention hashtag" rel="nofollow noopener" target="_blank">#chips</a>

The Japan TimesJapanese Olympians stepping up to the podium in Paris will have more than a medal to be proud of this summer: the carbon footprint of their eco-friendly team kits. <a href="https://www.japantimes.co.jp/olympics/2024/04/18/carbon-footprint-olympic-kits/" rel="nofollow noopener" translate="no" target="_blank">https://www.japantimes.co.jp/olympics/2024/04/18/carbon-footprint-olympic-kits/</a> <a href="https://mastodon.social/tags/olympics" class="mention hashtag" rel="nofollow noopener" target="_blank">#olympics</a> <a href="https://mastodon.social/tags/2024parisolympics" class="mention hashtag" rel="nofollow noopener" target="_blank">#2024parisolympics</a> <a href="https://mastodon.social/tags/climatechange" class="mention hashtag" rel="nofollow noopener" target="_blank">#climatechange</a> <a href="https://mastodon.social/tags/emissions" class="mention hashtag" rel="nofollow noopener" target="_blank">#emissions</a> <a href="https://mastodon.social/tags/asics" class="mention hashtag" rel="nofollow noopener" target="_blank">#asics</a>

FelixI went to buy new <a href="https://digitalcourage.social/tags/running" class="mention hashtag" rel="nofollow noopener" target="_blank">#running</a> shoes yesterday in preparation of my first <a href="https://digitalcourage.social/tags/marathon" class="mention hashtag" rel="nofollow noopener" target="_blank">#marathon</a> The guy in the shop was very sceptic of my <a href="https://digitalcourage.social/tags/adidas" class="mention hashtag" rel="nofollow noopener" target="_blank">#adidas</a> ultraboost 22, which I had used so far as an all purpose shoe after my <a href="https://digitalcourage.social/tags/brooks" class="mention hashtag" rel="nofollow noopener" target="_blank">#brooks</a> defyance. I ended up with buying <a href="https://digitalcourage.social/tags/asics" class="mention hashtag" rel="nofollow noopener" target="_blank">#asics</a> gel Pursue 9 for the long runs. However I'm now unsure whether I should go on with my plan to use the ultraboost for the marathon itself. Thoughts?

The Japan TimesWith Japan's men's team having fared well in this year's FIBA Basketball World Cup, sales of items related to the sport, such as shoes, are surging in the country. <a href="https://www.japantimes.co.jp/business/2023/10/11/basketball-world-cup-goods/?utm_content=buffercf853&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn" rel="nofollow noopener" translate="no" target="_blank">https://www.japantimes.co.jp/business/2023/10/11/basketball-world-cup-goods/?utm_content=buffercf853&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn</a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener" target="_blank">#business</a> <a href="https://mastodon.social/tags/basketball" class="mention hashtag" rel="nofollow noopener" target="_blank">#basketball</a> <a href="https://mastodon.social/tags/2023basketballworldcup" class="mention hashtag" rel="nofollow noopener" target="_blank">#2023basketballworldcup</a> <a href="https://mastodon.social/tags/asics" class="mention hashtag" rel="nofollow noopener" target="_blank">#asics</a> <a href="https://mastodon.social/tags/molten" class="mention hashtag" rel="nofollow noopener" target="_blank">#molten</a> <a href="https://mastodon.social/tags/gunze" class="mention hashtag" rel="nofollow noopener" target="_blank">#gunze</a>

Recent searches

Search options

Administered by:

Server stats:

#ASICs