Lee ★!★ Clagett @vtnerd

Software Developer; Monero Dev. Pro America. Do not take my follow list as an endorsement for their content. leeclagett.com PGP: Joined July 2009

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FiatDemise @FiatDemise

3 weeks ago

Budget Monero mining rig Hashrate: 19,250 H/s Power draw: 142 watts Cost: $607 shipped No more excuses. Start mining.

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@r_a_d_a_n_n_e @exitnode_ And to those "liking" this post, I'm primarily hesitant on Tevador's Publish or Perish proposal. His reward-splitting proposal was basically PRS but uncle blocks only (no work shares). After some hard-numbers are calculated, the work-shares might damage sync-time too much.

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Lee ★!★ Clagett @vtnerd

3 weeks ago

@r_a_d_a_n_n_e @exitnode_ After people pushed me to rethink Tevador's claims - the PRS is probably the best proposal I've seen. It doesn't eliminate selfish mining or reorgs, but it makes both harder to achieve.

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Lee ★!★ Clagett @vtnerd

a month ago

As a PSA: I'm going to prioritize fcmp/carrot in lws this ccs cycle, so if you want to use lws in Monero through the protocol changes, consider donating. lswf work will be lessened a bit this cycle; its mostly usable minus hardware support and a few other small things.

ofrnxmr @ofrnxmr

a month ago

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ofrnxmr @ofrnxmr

a month ago

With all the hoopla about qubic and fcmp, lets not forget about our foundation! One of the most consistent contributors to the codebase for ~8 years now. Addressing hackerone reports, lws, a lot of the networking code. And important, reviews **vtnerd** ccs.getmonero.org/proposals/vtne…

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Lee ★!★ Clagett @vtnerd

a month ago

@odbashWizard These are self-reported, so it's a bit difficult as to who has what hashrate exactly now.

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ᴜɴᴛʀᴀᴄᴇᴀʙʟᴇ @DontTraceMeBruh

a month ago

Boys (and gals), we gottem. He struggled through that statement and still tried to embellish it as much as possible to make himself look good, but we have an admission that CfB lied and manipulated the public into believing he 51% attacked the Monero network as a publicity…

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Lee ★!★ Clagett @vtnerd

a month ago

The knots situation is a mess. Luke is incorrect on the "spam" debate. If they paid the fee, it ain't spam. That's the only metric.

Peter Todd @peterktodd

a month ago

The knots situation is a mess. Luke is incorrect on the "spam" debate. If they paid the fee, it ain't spam. That's the only metric.

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Lee ★!★ Clagett @vtnerd

2 months ago

@Pledditor Well it doesn't make any sense - stocks are supposed to pay dividends in USD. Their only plan is to hoard BTC; dividend payments will require selling BTC for USD. So these companies are hoarding BTC but are short BTC and long USD. It's all completely ass backwards.

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Lee ★!★ Clagett @vtnerd

2 months ago

The market is indeed screwed. MSTR has acquired all of this BTC, but it never has to pay dividends, unless shareholders demand dividends. The majority of people investing don't know a stock should pay dividends, so the stock price levitates. I pray for those shorting MSTR.

Nick O’Neill @chooserich

2 months ago

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Steven @Dogetoshi

2 months ago

These are pretty bad numbers coming out of Gemini. Unprofitable 2024 for a crypto exchange? How???

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Lee ★!★ Clagett @vtnerd

2 months ago

BTC might be dead - the "number go up" crowd is just too blind. You can't sell your USD for BTC, then dump back into USD. That's like infinite demand for USD. Some weird problem with gold, its ultimately just creating demand for USD. You're supposed to use it like money.

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Lee ★!★ Clagett @vtnerd

2 months ago

Get this PSA out there: If you are solo mining, see if you mined a block during the latest Qubic run, and consider kindly posting the evidence either on reddit or the new forum xmrtalk.org Just a hunch.

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Lee ★!★ Clagett @vtnerd

2 months ago

@APompliano I hope a circular economy gets created at some point. Because blow-up USD with no BTC denominated expenses seems like actual chaos. Think about it, you've got an insane amount of capital in BTC, and the primary exit strategy (currently) is to exchange back into USD?

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Lee ★!★ Clagett @vtnerd

2 months ago

@xenumonero That single unknown block just got claimed by Qubic it would appear. They might be going for the claim all unknowns strategy, what a shitshow. Anyone reading this tweet, should read this thread about how blocks get claimed (you need view key to prove) reddit.com/r/MoneroMining…

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Lee ★!★ Clagett @vtnerd

2 months ago

@AaronDBennett How are they ever going to pay dividends? Sell BTC? This is literally the best thing I've seen all day, the capital markets are not completely lost in USA.

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Victor @VictorMoneroXMR

2 months ago

Now we have evidence that Q*bic is paying people to spread the lie that they reached 51% of Monero's hashrate. It explains why many helped to spread this lie despite all the evidence that they didn't. Let's spread this as much as we can.

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Lee ★!★ Clagett @vtnerd

2 months ago

@materkel The increase in token issuance is going to be a tough marketing issue. It (may) have been needed for infrastructure costs, but the narrative of corruptible insiders enriching themselves is also valid and hard to refute. It's probably PoW or go home to fiat, but what do I know.