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2441  Bitcoin / Hardware wallets / Re: Trezor: Bitcoin hardware wallet on: July 23, 2014, 03:49:23 PM
Looking forward to my 'First Edition' rTrezor. Way to regroup and deliver the classic after that manufacturing screw-job you all received...

Time heals all trolls and pain over the long deliver wait.

thanks! it's been a difficult time but feedbacks like this one held us focused..

Our current manufacturer is really pushing hard for results.  They are working 24hrs now in order to have Trezor for our crowdfunders according to the plan and some more devices for the stock, so once we launch the sales there will be no waiting anymore.

Today the sales director traveled to Prague to personally deliver a part of First Editions to us. All should be here by the end of the week. When the packaging is done, one last hug & Kiss  and the babies will be sent out to the wilderness. 



I bought 4 of these (2 metallic and 2 classic)... but I want to buy an additional 100 as soon as it becomes an option and just hand them out to friends and family like candy. I'm sure others feel the same way. TELL YOUR MANUFACTURER TO MAKE 10 MILLION OF THEM!

yep. loaded trezors for everyone’s christmas Grin
2442  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: July 23, 2014, 05:58:16 AM
Maybe that's about the right time to look into another direction: Etherium (ETH)

The Ether guys just started the pre-sale, and I'm wondering how you all think about this new coin and its presale. Some quick questions/points from me side:

- Will ETH be a threat to Monero?
- Is the presale (2000ETH per BTC right now) a reasonable investment chance? (I couldn't find an upper bound on the coin supply for the presale.)
- Is there a chance that ETH will make it against Mastercoin and Counterparty?
- Would Bitshares-X (similarly Bitshares-PTS) be a better investment? (ETH and Bitshares seem to share some goals, e.g., decentralized organisations/companies, etc.)

Regards.

Whats a better investment, a bowling ball or a ham sandwich?

They are all fundamentally different things. I don't think etherium is attempting to build a tax haven in the cloud and I don't think monero is trying to build a consensus based turing complete distributed virtual machine.

Be careful with etheirum though. Huge amounts of hype and many wild promises, little evidence that they will be able to deliver on those promises, and with the sorts of valuation they are obtaining i think its questionable whether it would be a good value even if they do deliver on those promises. The thing about open source code is that it can be copied. Of course there are network effects to make the largest network more valuable. But with something like a virtual machine thats being run in parallel on a huge number of computers, its very questionable to what extent that can be scaled. If it cant be scaled well than their first mover advantage may offer little benefit beyond a certain threshold.
2443  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: July 23, 2014, 03:35:24 AM
Correct if you make your hash so slow that you can't deal with DDoS attacks (which is the case for CryptoNote), the size of the 'values' table needed to walk back each path of computation to trade computation for space, becomes larger than the space to store the values normally.

Whereas in L3crypt I have 512B entries in order to make the hash fast enough and still cover 1MB of cache to keep it in L3 cache in order to defeat economies-of-scale with Tilera cpus, GPUs, and ASICs.

So agreed CryptoNote in that case (1MB/16B table with 128-bit, i.e. 16B, elements with 1M writes) defeats the dynamic lookup gap strategy, but at the cost of making the hash too slow to defeat DDoS attacks.

If you actually design hash that won't subject your coin to the threat of being DDoS destroyed in the future, then the dynamic lookup gap strategy can't be avoided. Do some calculations to verify.

This is very interesting. If you are right though it should be too terribly disruptive to hard fork away from cryptonight (if i remember correctly that is what the hashing function for the pow is called) POW and into something less taxing to verify.

*edit* is anyone here particularly committed to cryptonight? would anyone care if we had to switch to scrypt or something similar?
2444  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 22, 2014, 02:56:55 PM
the emission halves every 512 days?

This is a continuous process, not suddenly halved (like bitcoin). The continuous decrease is such that after 512 days the reward is half of original one.

i always wondered why satoshi designed bitcoin to drop off these gigantic cliffs every few years.
2445  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: July 21, 2014, 06:02:20 PM
Promotion vid for the Nxtty encrypted messenger App: https://www.youtube.com/watch?v=SEZDKLmxME8&feature=youtu.be

Can someone tell me, is it going to cost 1 nxt to send a message with this app?
2446  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 21, 2014, 03:29:57 AM
Probably could be solved by staggering the outputs of a transaction with random time intervals between using a random number generator.

running on a global clock heartbeat

That's smart.
2447  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: July 21, 2014, 02:14:34 AM
I assume forging is if you are NXTrich... Huh I am not getting anything haha

The more you have the more you will find. If you have a million than you will find a few blocks a day. If you have 100,000 than you will probably find one every other day. if you have 10,000 than you will probably find 1 per month.

Well I am nowhere near that, that explains everything haha. Thank you!

even if you only have 1000 you will still get a block within a year I bet Cheesy
2448  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: July 21, 2014, 02:05:23 AM
I assume forging is if you are NXTrich... Huh I am not getting anything haha

The more you have the more you will find. If you have a million than you will find a few blocks a day. If you have 100,000 than you will probably find one every other day. if you have 10,000 than you will probably find 1 per month.
2449  Alternate cryptocurrencies / Altcoin Discussion / Re: Done something useful for the monero community? Petition for compensation here. on: July 21, 2014, 01:58:25 AM
10 monero sent to development fund as per request by equipoise.
2450  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 21, 2014, 12:36:21 AM
from the op

Quote
This feature makes a timing analysis of the blockchain useless.

But what if they were running nodes all over the planet and storing and time stamping all of the network traffic they received, could they then use timing analyses on this time stamped record of all network traffic?

If you are monitoring a large portion of the Internet then yes you can identify where transactions originate. That doesn't necessarily tie the transaction to an individual (nor to other transactions on the block chain), though in some cases it might.

Note that the OP refers to timing analysis of the blockchain meaning that by analyzing the blockchain (at any time in the future) one can infer that all partners in a coinjoin transaction must have taken place at approximately the same time, which vastly narrows the list of candidate transactions. This is not true for outputs mixed using ring signatures. This is a distinct vulnerability from (and one accessible to many more adversaries than) real time monitoring of the Internet.

Yea I get it. This is a vulnerability that i hope will be looked into at some point since there are groups of people out there recording all internet traffic in giant data centres. Probably could be solved by staggering the outputs of a transaction with random time intervals between using a random number generator.
2451  Other / Off-topic / Re: What Song are you Listening To? on: July 20, 2014, 11:35:05 PM
https://www.youtube.com/watch?v=IXIrKkSS-08
i am robot and proud - slow reaction

soooo good.
2452  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 20, 2014, 11:32:57 PM
from the op

Quote
This feature makes a timing analysis of the blockchain useless.

But what if they were running nodes all over the planet and storing and time stamping all of the network traffic they received, could they then use timing analyses on this time stamped record of all network traffic?
2453  Alternate cryptocurrencies / Altcoin Discussion / Re: Done something useful for the monero community? Petition for compensation here. on: July 20, 2014, 11:25:31 PM
Hello and good day

After much effort I can finanly inform you that:

GREEK TRANSLATION=DONE


no google translate and of course i am a native speaker.


I hope it helps the coin to gain traction among Greek miners and traders.

https://bitcointalk.org/index.php?topic=702724.msg7943676#msg7943676


I will put some effort to get some Greek crypto-players to get interested in XMR.



pm me your address
2454  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 20, 2014, 11:22:28 PM
what version are we on these days?

Still 0.8.8.1 - best place to check seems to be the OP of this thread, there is some risk of confusion because the old monero repo still exists on Github but is not maintained. Unfortunately its version number appears more recent (0.8.9.65 or similar I think) which has caught more than one person out as it uses the wrong fees for txes...

tnx
2455  Bitcoin / Hardware wallets / Re: Trezor: Bitcoin hardware wallet on: July 20, 2014, 11:21:07 PM
You can support message signing, secure login and more.

that would appear to have answered my question. thanks.
2456  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 20, 2014, 11:00:16 PM
what version are we on these days?
2457  Bitcoin / Hardware wallets / Re: Trezor: Bitcoin hardware wallet on: July 20, 2014, 10:48:06 PM

any plans to adapt them to this utility as well? i suppose the imputes would be more on software developers to adapt their software to work with trezors, but none the less there could be some collaboration.

Perhaps I should have phrased this differently.

Its great that you guys are making it imposable for hackers to steal bitcoins, but could this also be applied to make it possible to tie a facebook account to a single trezor so only the person with that trezor could ever access that facebook account? or insert any internet service that requires a login. If this is possible than would they need assistance from your end or could they just build software to meet this need around the hardware that you have designed?
2458  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 19, 2014, 06:06:39 AM
With a higher mix in, does this raise the transaction fee?

Is there a limit of mix in to 30?

Cheers  Cool

It makes the transaction larger so once we have a market mechanism that is a function of scarcity of block space than it will. But at this time there is no block space scarcity and so no bidding for inclusion so no extra fee. At least that is my experience.
2459  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 17, 2014, 05:19:37 AM
"An honest mixer"  Huh Surely an oxymoron.

Can't think of any reason other than illegal that would require coins to be mixed. But am prepared to be educated otherwise.

I bought some silver with bitcoin once. Absolutely nothing illegal about the deal but I mixed it. I just wanted to preserve my privacy. Who knows what sort of crazy shit the government will come up with some day. Better to be safe than sorry.
2460  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 16, 2014, 06:23:40 AM
-_-
blah blah blah, monero should not be overly inflationary, it must go like bitcoin, after mining 'stops', only transactions fees are rewarded to the miners, anything more will kill a currency, bitcoin model is well approved.



I am starting to realize that it is probably wise not to rock the boat in this respect. It's probably not that big of a deal anyway and we could scare off untold numbers of people with talk of perpetual inflation of any sort.
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