Hot answers tagged

20

There is a lot of evidence connecting all of the companies mentioned in your question. There may be more connected companies that we are not yet aware of. From Wikipedia: The first Changelly prototype was created as a startup in 2013 by the enthusiastic team of MinerGate, a mining pool, that has one of the longest track record in the crypto industry. More ...


19

Bitmonerod was the original name provided by thankful_for_today The community decided to take over the project from TFT following some disagreements and renamed it Monero. The name bitmonerod is still used to refer to the Monero daemon but bitmonero is no longer a correct name for the project. thankful_for_today disappeared and has not posted on ...


17

The answer to this question is long and any shortening doesn't do the question justice. This is an edited version of the excellent investigation of the bytecoin scam performed by user "rethink-your-strategy" on the bitcointalk forums written August 15, 2014. It is the best available account of the bytecoin scam, and covers the following areas from the ...


15

Much of the history of CryptoNote development is in dispute so I will stick to the facts. CryptoNote is a new cryptocurrency protocol using some of the Bitcoin principles but with new ideas and an entirely new codebase. The ring signature implementation described in the CryptoNote whitepaper, while unique, is based on established cryptographic principles ...


14

Quoting smooth, who is a member of the Monero core team and stepped in as Aeon lead developer a while ago: AEON is certainly targeting running a node on a smartphone, but I don't think it is possible to completely rule out Monero (someday) doing that too. As answered above by others the idea is to do experimental and perhaps even stupid things. Some of them ...


13

This is an edited version of the excellent investigation of the bytecoin scam performed by user "rethink-your-strategy" on the bitcointalk forums written August 15, 2014. It is the best available account of the bytecoin scam, and covers the following areas from the original question: the original cryptonote developers, and the veil of secrecy around them +...


12

To most of the community (see /r/monero, /r/aeon), Aeon is the "supportive younger brother" of Monero, and is viewed more so as a proving ground (i.e. for any relevant improvements, that are thus absorbed by Monero).


10

I'm sure the bitmonero name will hang around for a bit longer, even after the changes that lethos3 linked to, but as an interesting aside: since "Monero" means "coin" in Esperanto "bitmonero" literally means "bit coin"!


10

Was the project re-started with new genesis block but with the same name? No, the project was never restarted with a new genesis block. The project simply continued with a new set of stewards of the project. These stewards replaced, or more bluntly put kicked out, the old team, which was led by thankful_for_today. That is, after some discussion on IRC, the "...


10

The following text addresses the the crippled miner story. It has been copied verbatim from the original source, https://da-data.blogspot.com/2014/08/minting-money-with-monero-and-cpu.html Minting Money with Monero ... and CPU vector intrinsics August 28, 2014 I woke up on May 28th, 2014, on vacation with my family in the middle of the desert, to find a ...


10

I am not sure how the connection was established, but Surae Noether was paid by the then core-team to review the CryptoNote whitepaper (and thus the CryptoNote protocol), and some of the code of Bytecoin, where Monero forked from. From the review of the CryptoNote whitepaper we can read the following: For full disclosure, I was hired by the Monero (XMR) ...


9

Aeon is a fork of Monero, created in June 2014 by an anonymous developer. It was abandoned soon after, and languished for a while with close to no hash rate. In October 2014, Monero developer smooth took over the fork and merged a handful of fixes and improvements from Monero, as well as changed the PoW and block time to be more friendly to smaller devices. ...


9

As revler1082 has already said, Monero translates to coin in Esperanto. In its early existence Monero used to be called Bitmonero (which translates to Bitcoin in Esperanto). During the community take-over the community decided to drop the "bit" part and stick with Monero. The name Monero actually makes sense if you look at other languages. That is: ...


9

Monero translates to coin in Esperanto. The name of the original project that Monero is based on was called BitMonero, or literally BitCoin in Esperanto.


8

First, to answer your first question. Yes, there is a record of Monero OTC trading before it was listed on an exchange, which can be found here. The OTC trading thread was started on April 22, 2014, whereas Monero launched on April 18, 2014. Therefore, undoubtly there have been some trades before aforementioned thread was launched. Most trades, however, ...


8

Many exchanges prefer a 3 letter ticker symbol. The X is the result of an ISO 4217 standard common for commodities and currencies that are not specific to a certain country. Bitcoin commonly uses XBT instead of BTC for the same reason


7

The answer is both fascinating and altogether boring, in that it makes you look back to the very beginning of Monero (then "Bitmonero") and the period right after the clear-net debut of the supposedly two-years-old, dark-net-only Bytecoin. Basically, for reasons beyond this answer's scope, Bitmonero was created as a fork of Bytecoin, the original Cryptonote ...


7

This is an edited version of the excellent investigation of the bytecoin scam performed by user "rethink-your-strategy" on the bitcointalk forums written August 15, 2014. It is the best available account of the bytecoin scam, and covers the following areas from the original question: era of the cryptonote forum It has been edited due to the (...


7

Afaik, there was something like a Monero Pizza Day in August (24th?) 2014. Two delicious(?) Pizza were delivered to Malla Castle/Estonia ordered by MEW member Risto Pietila. The price was said to have been 10 XMR. I've found the following video of this event: https://www.youtube.com/watch?v=WwetOo6gqZQ Additional sources on this topic: https://plus.google....


7

XMR in an ISO 4217 curency code. This standard allocates codes starting with a "X" to "supranational" currencies, of which Monero is one. Other such currencies, or currency-like entities, include XAU (gold, AU being from the Latin Aurum), and XAG for silver. The choice of XMR (to replace MRO) is designed to make it easier for the existing financial system ...


5

Given that it is/was a fork of Bytecoin, Monero inherited (almost) all of its code/software. That is, there were a couple of small changes (e.g. different block time and emission schedule if I recall correctly), but almost all of the code was similar to that of Bytecoin. Over the years Monero has largely deviated from the Bytecoin (and CryptoNote) code. The ...


5

The following text addresses the the crippled miner story component of the original question. It has been copied verbatim from the original source, https://da-data.blogspot.com/2014/08/minting-money-with-monero-and-cpu.html Minting Money with Monero ... and CPU vector intrinsics August 28, 2014 I woke up on May 28th, 2014, on vacation with my family in ...


5

There was a recent pull request which attempted to change to another name Moonero. The pull request was not merged and the plan mentioned by lethos3 remains in place.


5

This is not a definitive proof but we can note the Review of Cryptonote Whitepaper by Surae Noether have this byline "This paper is dedicated to Emmy Noether, Satoshi Nakamoto, and the Bourbaki Group." As far as I know this is the first publication by one of the Noethers regarding Monero. The Bourbaki Group worked a lot on algebra and therefore rings so your ...


4

thankful_for_today launched it as bitMonero and the other devs voted to drop the bit part and Monero was born.


3

According to fluffypony: it was just a stock image that looked cool:)


3

See the accepted answer here: https://opendata.stackexchange.com/questions/6884/cryptocurrency-historical-prices You would have to slightly modify it to get XMR rather than ETH, and then get a BTC v. USD data set over the same time period and figure it out, but I'm not sure there is a better way. There's really not much price history pre-poloniex, except ...


3

I don't think the numbers encode the phrase, but it must be a reference to Futurama. In season 2 episode 7, Bender has a nightmare of random 1s and 0s appearing, and he thinks he even saw a 2! Whether our network identifier somehow relates with numbers appearing in that episode, I have no idea.


2

Here's a collection of StackExchange posts talking about the history:. This one is of particular interest: What is the origin of Monero and its relationship to Bytecoin? See also a nice collection of history-related posts found here.


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