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A comment on Cryptocurrency Is the Next Frontier in the Quest to Abolish Cash Bail. Parent comment

Re:Cryptocurrency Is the Next Frontier in the Quest to Aboli... by maxerickson on Wednesday November 15, 2017 @12:55PM (#15705885)
It uses Monero:

https://bailbloc.thenewinquiry.com/about.html

If it used Bitcoin it would clearly be absurd because CPUs are useless for mining.

I don't pay enough attention to cybercoins to understand how worthwhile it will be to mine Monero.

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Re:Cryptocurrency Is the Next Frontier in the Quest to Aboli... by thisisit on Wednesday November 15, 2017 @01:32PM (#15706378)
And this from the whitepaper:

> We also compute a new XMR-to-USD price, modeled as a random walk (a monthly change is uniformly random on the interval [-5%, 5%]). For each miner, we also sample the XMR mined (directly as its estimated USD value) uniformly randomly from the interval [$1, $4]. This mined USD is added to the bail fund

Makes me wonder if they understand the volatility of cryptocurrency.

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Re:Cryptocurrency Is the Next Frontier in the Quest to Aboli... by sosuke on Wednesday November 15, 2017 @01:25PM (#15706290)
It is still worthwhile to mine Monero and it's little "litecoin" style brother Aeon.
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