PSA: Monero decentralized mining pool (p2pool)
Content: Hello everyone!

I've spent the summer on this little (well, not so little) side project and it's 99% ready now and will enter testing phase next week (first on testnet, then on mainnet).

- Why?

There's been quite a few worries about mining pool centralization and the possibility of 51% attacks. Since atomic swaps went live, solving exchange delisting/KYC threat, mining is now the most centralized part of the Monero ecosystem. One particular pool accounts for almost 40% of Monero's network hashrate. This is not a long-term stable/safe situation. Pool admin can be pressured to do bad things, go rogue or exit scam. Pool server can be shutdown: many didn't think it was a real possibility, but the recent events with MoneroOcean proved them wrong. I expected somethig like this to happen eventually, but I didn't think it would happen so soon. Anyway, the solution is coming!

- What is it?

P2Pool combines the advantages of pool and solo mining. You still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool. No one can use your miner rigs for a 51% attack!

- How does it work?

P2Pool, as a proper blockchain implementatioon, is decentralized. It has no central server that can be shutdown/blocked. It uses a separate blockchain to merge mine with Monero. Pool admin can't go rogue or be pressured to do an attack on the network because there is no pool admin! There is no one to decide who can mine on the pool and who can't - it's permissionless. All pool blocks pay out to miners immediately. There is no pool wallet, funds are never in custody - it's trustless.

P2Pool uses PPLNS payout scheme, has 0% fee and 0 XMR payout fee (by design, fees can't be added there). Minimal payout is less than 0.0005 XMR thanks to the very efficient miner reward transaction format - each individual miner payout takes only 38 bytes on the Monero blockchain!

- Can it handle the load?

Monero p2pool is written from scratch in C++. It uses the same high-performance libuv library as xmrig-proxy and each node is able to handle thousands of concurrent miner connections. It supports uncle blocks (like in Ethereum) which allows it to run with very fast block times. I tested it locally with several nodes mining 10 blocks per second and didn't get any orphans! Block times as low as 1 second are possible on the Internet.

Source code is here: https://github.com/SChernykh/p2pool

If you want to join the testing, join #monero-pow on IRC. Instructions will be communicated there next week!

submitted by /u/sech1 to r/Monero
[link] [comments]
Url: https://www.reddit.com/r/Monero/comments/p9apyd/psa_monero_decentralized_mining_pool_p2pool/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

$Useless charting app, now with dark mode and whale watching tab. BETA now open to all holders. Goodbye glitchy Poocoin
Content: ​

https://reddit.com/link/p9nmx2/video/9kkxvoa9wzi71/player

submitted by /u/-Buzzlightyear_ to r/CryptoCurrencies
[link] [comments]
Url: https://www.reddit.com/r/CryptoCurrencies/comments/p9nmx2/useless_charting_app_now_with_dark_mode_and_whale/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Sentiment is changing, here's my proof
Content: Found this Youtube video released Aug 20th 2021 that already has 320k views. It basically gives the best representation of BCH I have seen so far. Very noob friendly.

You'll be sold on the video within the first 80 seconds, probably sooner.

https://www.youtube.com/watch?v=EhRUqZt3-Yc

submitted by /u/ShortSqueeze20k to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/p9m6r3/sentiment_is_changing_heres_my_proof/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

BCH Argentina Odysee channel
Content: https://external-preview.redd.it/3RIr3F-sIznvgkfbadG_dXur3i-g9Ku5Fyd3eA_swrA.jpg?width=640&crop=smart&auto=webp&s=91692673280d88b495acef99c9636da0ce5dbf7a submitted by /u/BitcoinCashArgentina to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/p9krnw/bch_argentina_odysee_channel/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

Monero has broken $300 for the first time since June 3!
Content: https://b.thumbs.redditmedia.com/A4TRslTNG4xyETpjT74PUzWXhByS04Zwwd1UckgBu_k.jpg ​

https://preview.redd.it/ux0wbqgcxzi71.jpg?width=526&format=pjpg&auto=webp&s=c2c6313cda92adc4e5ab2ecc703e18aa5ce93b12

submitted by /u/DefiantCommie to r/Monero
[link] [comments]
Url: https://www.reddit.com/r/Monero/comments/p9nrvm/monero_has_broken_300_for_the_first_time_since/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

MetroPCS / T-Mobile customer: Someone cloned my phone number gained access to my email and my Coinbase, and transfered all my BTC out of my account
Content: Just as title says.

TLDR: I noticed my phone had no signal, i asked family member for WiFi password, as soon as I connected i got warnings that my Coinbase / Microsoft passwords had changed, and that i had transfered about $400USD worth of BTC out of my acct, i then got the push notification and I tapped it to "disable account"

What are the chances of getting my money back once I regain access to it?

Long version:

We went to my mother is laws house, around 3:40pm (central) i noticed my phone had no signal at all

I restarted my phone and still nothing

I didn't think much of it since my phone always seems to run slow there

I asked for the WiFi password, connected, immediately i received emails saying my Microsoft password and Coinbase password have changed

I immediately change my Microsoft password first, then my Coinbase, i also got a push notification from the all (TLDR tap here to disable account) and I did that.

Apparently too late because I also see an email saying that i had transfered "xxxx" BTC to some account (I did not)

I asked my wife to call me / text me. Calls did not work, texts did not arrive either.

I then rushed to a MetroPCS store, employee was searching for my account using my phone number and nothing came up.

He then searched by my name and zip code from when I opened my account.

He found my account but only phone number listed was my wife's.

He then called into some support center , he pulled up history/activity and at around 3:35 there very several changed done, and my phone number had been transferred to an iPhone 6 (gross, android for life)

MetroPCS went ahead and cancelled that person's phone, i recovered my phone number and service.

I already started the account recovery through Coinbase let's see how that goes.

In my email under "deleted" i see a bunch of emails regarding Microsoft and Coinbase around 3:40pm, so this person worked FAST.

They also converted all my ADA to BTC and transfered all of it to some account.

What are the odds of me getting my money back, and catching this person, i would like to press charges. Bad thing about crypto is that it's hard to trace, so, there goes that...

I added my phone carrier cuz apparently TMobile got hacked, this was the first time i heard of this.

submitted by /u/alberto521 to r/CoinBase
[link] [comments]
Url: https://www.reddit.com/r/CoinBase/comments/p9oexu/metropcs_tmobile_customer_someone_cloned_my_phone/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Satoshi Nakamoto knew in the future, corporations and governments would try to subvert Bitcoin! Now there are a lot of custodial banking services pretending to be and operate as a Bitcoin. Help us to disclose and spread the truth with Salvadoran talent for Salvadoran people.
Content: https://preview.redd.it/emkpv0es4zi71.jpg?width=640&crop=smart&auto=webp&s=9038ee2beb73c36686937c88936fd742cbe715cf submitted by /u/SofiaCBCH to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/p9kxrb/satoshi_nakamoto_knew_in_the_future_corporations/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

My local law enforcement has a DogeCoin 🥳
Content: https://preview.redd.it/lmv2qk6210j71.jpg?width=640&crop=smart&auto=webp&s=316ee526901daeb86c76cc1f138d697b401e035a submitted by /u/abu_blatnoy to r/dogecoin
[link] [comments]
Url: https://www.reddit.com/r/dogecoin/comments/p9o4ds/my_local_law_enforcement_has_a_dogecoin/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

It's Cardano time
Content: https://preview.redd.it/0yyqueadc0j71.gif?width=320&crop=smart&s=c5efd819b00badcb65d78e0113e141c10b7b2166 submitted by /u/Bymd to r/cardano
[link] [comments]
Url: https://www.reddit.com/r/cardano/comments/p9p5uk/its_cardano_time/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

OMG, someone bring me a defibrillator 💀
Content: https://preview.redd.it/xj0rebqfg0j71.jpg?width=320&crop=smart&auto=webp&s=95570034fb1daceefc86f842b2107e5f4ae795e5 submitted by /u/d_d0g to r/cardano
[link] [comments]
Url: https://www.reddit.com/r/cardano/comments/p9pjdl/omg_someone_bring_me_a_defibrillator/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

These are the things that get me excited for the next year of Cardano
Content: https://preview.redd.it/6q0vgn7lb0j71.jpg?width=640&crop=smart&auto=webp&s=92238660f1888a1e49fa2a729a10f907ab11e040 submitted by /u/spoonard to r/cardano
[link] [comments]
Url: https://www.reddit.com/r/cardano/comments/p9p3qa/these_are_the_things_that_get_me_excited_for_the/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801