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2541  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 17, 2015, 11:12:20 AM
snip...

I2P?  

Ring signatures?

IP obfuscation (AKA masternode blinding)?


i believe I2P was scraped for a better idea or not needed after all. if evolution does not take care of it then it will get done but it's not a priority on my wish list.
btw monero will be replaced by zerocash soon, just thought i'd throw that out for no reason. Grin

ring sigs were replaced by a different idea (read the thread) without all the bloating monero suffers from which does not allow it to scale. the failure of monero to produce a official gui wallet has actually helped keep the already massive bloating down. fluffypony said the official gui will be ready soon, 2-3 months? 3-6 months? probably before zerocash makes monero obsolete. but by the time they get around to figuring out how to "significantly" prune the blockchain and implement it monero will be obsolete, replaced by zerocash. Cry


supposedly masternode blinding is being replaced with a better implementation in v13 evolution. waiting for the whitepaper.
it was put on hold last release to implement evans new idea of decentralized governance by blockchain. evan and the community decided to give that priority so we could fund more devs to work on our wish lists.

instamine! Kiss

The quoting out of context fallacy.. This is the remainder of his quote:
Quote
However, it is somewhat unworkable right now. Firstly, it has a trusted accumulator problem that remains unsolved at this stage (although they posit solving this through an RSA UFO). Even if that is solved there is still the very real danger of it being impossible to see exploits in an absolutely opaque blockchain with relatively new and untested cryptography (ie. an exploit that lets an attacker create, say, 2 000 000 ZeroCash in a single day will go unnoticed). Finally, even with their newer ZKP schemes there is still a significant size impact for each transaction, and absolutely no way you'd be able to run SPV-style wallets or perform blockchain pruning. Once the cryptography has been more thoroughly tested, corner cases have been solved, and technology is at a point where the size impact is negligible, then I would imagine some future iteration of ZeroCash will become the dominant form for cryptocurrency payments.

https://www.reddit.com/r/Bitcoin/comments/301r4e/crypto_primitive_shorter_than_current_monero_ring/cpow5jd

Also, somewhere else he said that he expects this to be in 10-20 years. So please stop with the quoting out of context. Furthermore, if it renders Bitcoin and Monero obsolete, it will render DASH obsolete as well.
2542  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 17, 2015, 12:41:40 AM
Also, how likely/possible is this to implement into a Monero release?  Would it require a hardfork? (which isn't a problem since those are scheduled anyways)  

Something like this would certainly require a hard fork to be implemented in a reasonable manner (if at all).



Does your (if at all) comment refer to your view on the difficulty level in adding it or whether there will be a consensus that it is desired?

It probably needs a lot of testing and peer review first, hence his comment. If something is somewhat broken it can't be implemented.
2543  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 16, 2015, 09:50:37 PM
Updated paper on Ring Confidential Transactions (CT) for Monero -> https://github.com/ShenNoether/MiniNero/raw/master/RingCT0.3.pdf

Quote from: ShenNoether
Here is the version I was originally waiting to post with tag linkability sketched out reasonably completely.

ELI5: Next to hidden origins and destinations that are inherent to the Monero protocol (provided by ring sigs + stealthaddresses), this will also hide amounts, while viewkeys will still work, and of course it will still be auditable. (credits ShenNoether)

@AmericanPegasus, I hope you get the idea now :-)
2544  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: October 16, 2015, 09:47:49 PM
Updated paper on Ring Confidential Transactions (CT) for Monero -> https://github.com/ShenNoether/MiniNero/raw/master/RingCT0.3.pdf

Quote from: ShenNoether
Here is the version I was originally waiting to post with tag linkability sketched out reasonably completely.

ELI5: Next to hidden origins and destinations that are inherent to the Monero protocol, this will also hide amounts, while viewkeys will still work, and of course it will still be auditable. (credits ShenNoether)
2545  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: October 16, 2015, 08:49:02 AM
i've mentioned this before but i've got old deprecated wallets that crash 0.8.8.6 when i load them. it asks for my language of choice for the words then crashes. i tried the new 0.9 version and got it sync'd from scratch. but it still crashes at the same step, after asking what language i would like for my words. just letting you devs know. is there an old version of the software that still works that i could use to load this wallets and move the funds? and if so, where could i get that from?

- much appreciated

Hello from 2+2 Smiley

Although I have never used it for problems, I hear going on IRC is helpful.  Have you tried #monero or #monero-dev ?

I agree, your question will likely be answered much fastered when hopping on IRC. You could use this to easily join https://webchat.freenode.net/, just set your nickname and the channel to either #monero or #monero-dev (could also be both).
2546  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 15, 2015, 09:55:41 PM
I've already reached out to him on other threads and via PM. So far he hasn't been even remotely clear on what he has or how much he's willing to sell it for, so there's no way for us to know if it's something worth crowdfunding.

He claims no one in the XMR community is interested in what he has, but he needs to meet us somewhere in the middle. I personally think he has no interest in ever selling his information, which is why he's so reluctant to name a price.

Nicely put. In any case, I believe this time it's his turn. Either he wants to reveal what he has (ie: describe in detail what he has managed to solve / created) or we assume he has nothing at all. Simple as that. In any case if he has something usable and worthy from the XMR devteam, I repeat what I wrote in his "ion" thread; I'm willing to donate some of my XMR stash in order to buy his work if he's for real.

Let's see what he decides.

FWIW: I've also sent him a PM and explained a bit how our funding system works. Let's see how it plays out.
2547  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 15, 2015, 08:35:17 PM
I had to come back to post something very important. Seems Monero is attempting to duplicate my invention. I will be posting this on the Ion thread as well.

The brand new Ring Confidential Transactions for Monero appears to me to be broken:

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/cvzval5



P.S. my health is not going well. I am pretty much giving on trying any therapies (because nothing works and I've tried "everything") until and if ever I can afford the best research specialists doing diagnostics on me. So don't expect too much from me. But I am still trying. I did run 9 kilometers in the past 2 days but today was a total Chronic Fatigue day bed ridden.

Oh I am still retired from this forum. The above required my posting.


Is it time to draft anonymint into the xmr dev team as a consultant? Can someone explain what this is about?



First off this is the wrong thread for this, second let him do his own thing. He doesn't work well with others.

He has given some good advice though, perhaps there is a workaround :-)

Your assuming he is correct.

I should've clarified that I don't necessarily think he is right, but he could give some valuable input.
2548  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 15, 2015, 08:12:01 PM
Has the node count taken a hit?  Anyone have a link to stats?

Nope, masternodes down about 3, was at about 3270 all week, rose about 8 in the last day or so and is back around 3270 now:
https://bitinfocharts.com/comparison/nodes-dash.html
EDIT: That's nodes rather than masternodes, dashninja link already covered Smiley


I guess from a price perspective having those masternodes is beneficial in the sense that its a little more work to sell the locked coins if someone panics.

Yes, it seems to be a fairly strong damping force, the count will move in big price moves but hardly moves at all with relatively small ones. I was expecting it to be way more erratic but folks seem very reluctant to pull their savings when they're gaining interest. There's been some nice in depth posts on the economics and they're proving fairly accurate so far, I was sceptical of the expectations at first but it's looking good.

It could also very well be that there is just an exchange of MM's going on. In other words, some MM owners are selling their coins, but other new MM owners buy them and set up their MM. As a result, the count stays about the same.

EDIT: Wpalcyznski, from DASH ninja I get the following -> Estimated Payment per Masternode: 0.57 DASH / day. So that would 17.1 DASH per month, which is approximately 1.7%. Annually that would be approximately 20.4%. One could increase this return by compoundning, meaning setting up a new masternode from the rewards you get.


Sure but that scenario is beneficial for the price as they are not being dumped on the market.  Half of DASH market cap is locked in MNs and not available for immediate dumping when crashes happen and people panic.

Its not locked, one can simply move their masternode collateral (1000 Dash) to an exchange and sell them if they feel like it. The network just wont regnonice them as operating masternodes anymore.

I think he meant that there was an incentive in locking them. Not that they are necessarily "locked". Also, it's a bit hard to define "locked" here.
2549  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 15, 2015, 08:10:23 PM
I had to come back to post something very important. Seems Monero is attempting to duplicate my invention. I will be posting this on the Ion thread as well.

The brand new Ring Confidential Transactions for Monero appears to me to be broken:

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/cvzval5



P.S. my health is not going well. I am pretty much giving on trying any therapies (because nothing works and I've tried "everything") until and if ever I can afford the best research specialists doing diagnostics on me. So don't expect too much from me. But I am still trying. I did run 9 kilometers in the past 2 days but today was a total Chronic Fatigue day bed ridden.

Oh I am still retired from this forum. The above required my posting.


Is it time to draft anonymint into the xmr dev team as a consultant? Can someone explain what this is about?



First off this is the wrong thread for this, second let him do his own thing. He doesn't work well with others.

He has given some good advice though, perhaps there is a workaround :-)
2550  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 15, 2015, 08:03:00 PM
Has the node count taken a hit?  Anyone have a link to stats?

Nope, masternodes down about 3, was at about 3270 all week, rose about 8 in the last day or so and is back around 3270 now:
https://bitinfocharts.com/comparison/nodes-dash.html
EDIT: That's nodes rather than masternodes, dashninja link already covered Smiley


I guess from a price perspective having those masternodes is beneficial in the sense that its a little more work to sell the locked coins if someone panics.

Yes, it seems to be a fairly strong damping force, the count will move in big price moves but hardly moves at all with relatively small ones. I was expecting it to be way more erratic but folks seem very reluctant to pull their savings when they're gaining interest. There's been some nice in depth posts on the economics and they're proving fairly accurate so far, I was sceptical of the expectations at first but it's looking good.

It could also very well be that there is just an exchange of MM's going on. In other words, some MM owners are selling their coins, but other new MM owners buy them and set up their MM. As a result, the count stays about the same.

EDIT: Wpalcyznski, from DASH ninja I get the following -> Estimated Payment per Masternode: 0.57 DASH / day. So that would 17.1 DASH per month, which is approximately 1.7%. Annually that would be approximately 20.4%. One could increase this return by compounding, meaning setting up a new masternode from the rewards you get.
2551  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 15, 2015, 07:59:32 PM
FWIW: Offers decreased from ~37k last night to ~10k today, might explain all the mini walls around 0.0016. In other words, someone could be protecting his short position. Alternative explanation, the offerer just took away a chunk of his offers.

Almost all altcoins are taking a pretty big hit in the last few weeks, saddens me to see it slide like this. Resembles the August-Januari bearmarket a bit.

Small update, ~8k was taken out from the asks and subsequently added to the lending offers (offers jumped from ~17k to ~25k). We can probably infer from this that someone is still trying to protect his short position.

Does this mean further downwards pressure is expected?

I should've clarified that he returned the ~8k XMR he took out in the first place to short. So basically not.
2552  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 15, 2015, 06:57:52 PM
I would suggest that part of Dash's price decline is due to people just honestly needing the money for other stuff. Even if you didn't invest more than you could (at the time) afford to lose, circumstances change over the years and sometimes it's necessary to partially cash out and hope you can buy back in later. I have done this and I know several others have as well. Fortunately I've been able to buy back in later, but if you're in a temporary cash crunch, sometimes selling your Dash is all you can do. Anyway, I think that's part of the reason.

Pretty much all alts are going down at the moment as the BTC rally continues. Look at LTC, NMC & PPC, well established cryptos that usually rise along with BTC; well currently they're not maintaining their natural peg or slight increase, they're all dropping too. It's just one of those periods where everyone gets the alt heebeejeebees and start bailing out. Dash is being affected in the same way. Just need to hang on until the sun starts shining again.

It's basically a bloodbath on poloniex, this morning all alts with a significant market cap (e.g. >1 million) suffered from a pretty hefty decline.
2553  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 15, 2015, 06:55:17 PM
FWIW: Offers decreased from ~37k last night to ~10k today, might explain all the mini walls around 0.0016. In other words, someone could be protecting his short position. Alternative explanation, the offerer just took away a chunk of his offers.

Almost all altcoins are taking a pretty big hit in the last few weeks, saddens me to see it slide like this. Resembles the August-Januari bearmarket a bit.

Small update, ~8k was taken out from the asks and subsequently added to the lending offers (offers jumped from ~17k to ~25k). We can probably infer from this that someone is still trying to protect his short position.
2554  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Support on: October 15, 2015, 06:48:26 PM
the problem with my seed has been succesfully solved by fluffypony.
thank you all for your help and support.

lessons learned:

- write bitmonero version number on your seed too, it will help the devs to debug if there should be any problem and a lot of time passed
- keep something to identify your adress, best write the last 4 letters down with your seed on the same paper
- do not use (very) old versions, take the time to upgrade and migrate cold storages too from time to time.
- to have a picture from the seed + address helps, even if it is just to eliminate the doubts about yourself/your hand writing once aou are not able to restore from seed(do i really have the right seed/address?) i had a crappy video but you just need one good frame if you really need it
- if possible, write seed with an offline pc and print or use a writing machine so there is no doubt about every single character, handwriting is not the best way to go for everybody
- use .keys files as your main backup. use seed only as a second parachute







Glad to hear everything worked out well!

One little remark regarding the bolded part: If you are using an offline pc and print the seed etc., make sure you keep the printer offline after that as well. If you bring it online again, it could be an additional vulnerability. Another option is just buying a new, additional printer for printing your seed from the offline pc (printers aren't that expensive, around 50-60$). Drivers etc. could just be added to your boot USB. If anyone wants some help with this feel free to PM me. Currently I am a bit limited on time, but if I've got some more free time I'll probably write a guide about this.

2555  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 15, 2015, 08:56:37 AM
Withdrew a few hundred DASH from Cryptsy, no problems. Maybe the amount was small enough, maybe I got lucky, or maybe their problems aren't DASH related.

If we assume they are running some kind of fractional reserve, DASH is probably the best way to get out, since there are a lot of DASH put up in the asks. There is that ~12k wall for instance @ ~0.01 and if I recall correctly there was a similiar size wall around ~0.0111.
2556  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 15, 2015, 08:36:19 AM
FWIW: Offers decreased from ~37k last night to ~10k today, might explain all the mini walls around 0.0016. In other words, someone could be protecting his short position. Alternative explanation, the offerer just took away a chunk of his offers.

Almost all altcoins are taking a pretty big hit in the last few weeks, saddens me to see it slide like this. Resembles the August-Januari bearmarket a bit.
2557  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: October 14, 2015, 04:51:48 PM
Hi, it's me again.

I tried to download and install the wallet. That went well.
Then I started syncing, but after a while I needed to close it, because my laptop become very slow  Undecided

Any ideas how to solve this? I'm sorry, I didn't read in this topic yet. Maybe there is a solution already.
If there isn't, i'm sorry, but then I won't be able to test out XMR and just stick with DASH.
I don't want to buy a faster laptop just to test a cryptocurrency.


Meanwhile I managed to test DASH and was wondering how Monero compares to that. Wasn't able to test it due to the problems with my wallet, but maybe someone else knows the details:

FYI: I had 2 DASH in my wallet so I could test out the features.
* Mixing my full balance took 3 hours. How long would it take to mix 10 XMR (about the same value)
* When I was mixing, the wallet showed that sometimes masternodes were idle (probably because they weren't upgraded). Is the mixing network of Monero faster?
* Doing a darksend transaction of +/- 1 DASH costed me 0.1 DASH. What is the fee for an XMR "darksend" ?

You've probably installed 0.8.8.6, which is very slow compared to the soon(tm) to be released new binaries (0.9). If you are on windows, there are already binaries available though -> https://downloads.getmonero.org/monero.win.x64.v0-9-beta.zip

Regarding your points:
[1] Opposed to DASH, Monero uses on-chain mixing, so if you want to transfer funds the mixing kinda happens immediately and your transaction will be included into the next available block. Our blocktime is around 1 minute, so your transaction should be included pretty fast. Also, because mixing is passive, you don't need active others to mix with. More about how Monero's mixing works -> https://www.reddit.com/r/Bitcoin/comments/3ojjkq/can_someone_help_me_understand_the_claims_of/cvxwq10

[2] See 1, it's significantly faster, because it allows passive mixing and thus doesn't need others to be active to mix.

[3] Monero uses a per-kb fee. Currently, the fee is 0.01 per kb. Usually the fee for a transaction is around 0.015-0.03 XMR.
2558  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 14, 2015, 03:08:45 PM


Breakout if we close daily above 0.00161201

When is "closing" exactly in GMT?
I follow Poloniex closing time, which is 3.00 AM in Greece (GMT +2). So that makes it at 1.00 GMT?

Thanks.  I have never been able to really determine that.

I think poloniex closes at 00:00 UTC, since they use that as server time as well. Wisdom always closes at 02:00 (GMT+2), so that would make sense.

FWIW: Offers decreased from ~67k last night to ~37k today, might explain all the mini walls around 0.0016. In other words, someone could be protecting his short position. Alternative explanation, the offerer just took away a chunk of his offers.
2559  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 13, 2015, 09:03:34 PM
Please to upvote my post warning about problems with Cryptsy withdrawals since the 5th Oct:

https://www.reddit.com/r/Bitcoin/comments/3nkotr/cryptsy_responds_to_coinfire

Otohs 1 point 26 minutes ago

I had over $50,000 on Cryptsy on the 5th Oct, I sold (at a loss) for BTC, LTC & DASH, I was able to withdraw the 8,433 DASH, but the 2,886 LTC & 76.24 BTC have been stuck there for over one week, I was then locked out of my account and dealing with support has been a nightmare, fobbed off with "you're in a queue" or ignored mostly.

I would not advise risking any funds there atm.

Will update on developments...


We were all worried about you there Sad  I hope you can get access to your account back soon, and especially your funds back!  I'm sorry about that Sad

Many thanks, I got access to my account back, but no sign of the BTC or LTC as yet and no response for the last couple of days to my many support requests, no explanation, no money, nothing.

If I may advise, try to revert your pending transactions, so you have all of the balance available in your account. Subsequently, try to find the coins that are still sufficiently available for withdrawal (ArticMine suggested this as well if I recall correctly). Perhaps using smaller, but significant amounts first. Anyway, best of luck and I hope you get everything out in the end.
2560  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 13, 2015, 08:54:24 PM

I never understood how to read those graphs... What do they mean, and how can you tell if something has "bottomed out" and can only go up from there?

I suggest to read this first -> http://www.investopedia.com/articles/technical/03/081303.asp. If you still have questions after that, you can direct them at klee (or me).

@klee, thanks for posting that here. I (and others probably as well) certainly appreciate that.
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