1. Monero--most like cash (fungible/private). 2. Bitcoin--the original and I can keep it in my 401K.  Don't study coins outside of privacy concerns, so 3-5 will remain blank until a feature(s) i want jumps out at me. |
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The problem with Dash is those masternodes can be targeted by a powerful attacker and reveal your position. In general I don't like the anonymising system of Dash and would trust Monero a lot more if my life depended on moving money anonymously.
Thats the point. Moneros anonymity and untracebility is mathematicaly proven. This endless discussion XMR vs. DASH makes no sense at all, because from a scientific/technical POI Monero (or cryptonote coins in general) is the clear winner. P.S. Because of the huge premine it is also very probable that a huge number of masternodes are controlled by a very small group of persons. So someone would just have to compromize this small circle to get the control over the network. I don't even view it as a competition--more of a difference in opinion about how a cryptocurrency should be built. I researched a few privacy solutions (dash, drk then, was among them) before I came to the realization that monero was the best available. My main criticism of dash was/is that the masternode system encourages centralization which weakens the prospect of good anonymity and fungibility. I kept reading from dash supporters that people were using best practices when setting-up masternodes and that they were spread over 30 countries--what I found was that 95% were based on the servers of a few companies spread over 5 countries which validated my initial and continuing concern if i were to entertain dash as privacy coin. Dash supporters can squabble over how this effects the prospects of the coin's anonymity and fungibility (not odd that these two things go hand in hand), but what they can't do now is say that the coin is evenly spread over 30 plus countries or that masternode operators are following best practices. |
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I ignored him long ago. Now, if people would just stop quoting him...  I guess that's actually I good idea. His posting is really subpar; the only thing even mildly amusing about him is his frequent avatar changes, although he has to be unignored for that to be visible. Hmm...choices... Edit: this post was off-topic. Uh, nice little spike the last few hours.  You missed it. He was a moderator there for a few days. Now he's some creepy old gold miner or something. |
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You're killing them blockafett; you made them talk to you on 9 or 10 dash hate threads...I thought what Evan and he's team did 2 days ago was enough for them since monero developers don't give them much love with any updates for a WHOLE year lol
killing us? I thought he was on a suicide mission. |
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What if Polo get hacked soon? Than I think monero will be very dead   What if Ridicule could kill? Than I think you will be very dead mrkavaski, I just reported you to yourself--did you get the message? |
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Thanks to the leveraged shorts now offered by Poloniex, not even otoh can prop up the price. Too bad DASH volume in Poloniex is so low that you can't short any meaningful amount without suffering huge financial losses in the process. And why would any privacy aware person surrender himself to Poloniex and its KYC policies in the first place. Only if your sh*tcoin can't get listed anywhere else, and even when it does, no one will touch it with a ten foot poll  I don't get this concern--unless you are trying to hide the buying or selling of Monero, this doesn't break your privacy. You can still spend it privately, so what's the concern? Your are certainly capable of using shapeshift or an exchange that doesn't follow KYC if laundering funds is your objective (not that I'm condoning that behavior). |
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Then use two screen shots for full disclosure. You are wrong to think people are stupid enough to not see through this...when the penny dropped for me and I pointed this out 2 days ago, personally I was 50/50 as to a deliberate scam, but now after seeing the reaction, and how e.g. your last page of posts avoiding my point like everyone else has done, I think i totally nailed it.. I guarantee certain Monero people are currently sh**ing their pants on this issue..but don't worry, not worth my trouble to fully expose it and you have enough suckers on Trolloniex to keep your scam going for a good few months I suspect... Dude, what proof of a scam have you uncovered? All i'm reading is assertions built on conjecture. Give me some verifiable evidence. It will only take some legwork on your part (along with finding the right people with right expertise) if it is true. It's not like anyone is preventing you from collecting facts, are they? If you are being threatened, you should alert the authorities.... Maybe deal with what I already said: "I have pointed out that MyMonero.com is essentially a massive gaping whole in your setup and looks likely to be a scam by your dev who has a *history* of trying to setup a web wallets in the middle of coins, like when he tried to scam USD 200,000 from Vertcoin to develop Vertpay.com - a simple HTML site. Monero's answer "You don't know how many users use MyMonero, so without an exact figure nothing you are saying is true". Or in other words, you think people are fucking stupid enough to believe a puerile defense like that instead of a reasonable explanation as to why the #1 wallet (i.e. the only one that actually works) for the most anonymous coin in the world is a website with a closed source backend ran by your core dev and wired up to google analytics = coin suicide. " I think Fluffy already defeated your vertcoin attack months ago....or did you forget that accusation made and refuted? https://bitcointalk.org/index.php?topic=583449.22660Also, is this (the OP) you? https://www.reddit.com/r/vertcoin/comments/2590id/hello_members_of_the_cryptocurrency_community/Anyone can use any of the wallets, so I'm not sure why you A. assume people are using the web wallet or B. that most transactions are being done on mymonero. Until you provide proof of one or both, it's really dumb to discuss the effects that that may possibly have monero's anonymity--i wouldn't transact through a web-based wallet if i wanted anonymity ever, but that's just me. I suspect that many people that have their funds on mymonero are sitting on them until the official GUI is finished. Someone else might assume because of the private nature of monero and the technical know-how of the majority of the people who post on the monero forums that they would want and be able to use one the gui's listed on the monero sites--but these are like your assumptions, based on conjecture and unsustainable as facts until more information is gathered-- kind of like when dashers assumed that everyone was using best practices to set-up nodes.... |
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Then use two screen shots for full disclosure. You are wrong to think people are stupid enough to not see through this...when the penny dropped for me and I pointed this out 2 days ago, personally I was 50/50 as to a deliberate scam, but now after seeing the reaction, and how e.g. your last page of posts avoiding my point like everyone else has done, I think i totally nailed it.. I guarantee certain Monero people are currently sh**ing their pants on this issue..but don't worry, not worth my trouble to fully expose it and you have enough suckers on Trolloniex to keep your scam going for a good few months I suspect... Dude, what proof of a scam have you uncovered? All i'm reading is assertions built on conjecture. Give me some verifiable evidence. It will only take some legwork on your part (along with finding the right people with right expertise) if it is true. It's not like anyone is preventing you from collecting facts, are they? If you are being threatened, you should alert the authorities.... |
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Then use two screen shots for full disclosure. |
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Let's pretend that having most Monero transactions being typed into the dev's personal MyMonero.com website
You are making up the above statement because you don't know it to be true or not. I have pointed out that MyMonero.com is essentially a massive gaping whole in your setup and looks likely to be a scam by your dev who has a *history* of trying to setup a web wallets in the middle of coins, like when he tried to scam USD 200,000 from Vertcoin to develop Vertpay.com - a simple HTML site. Monero's answer "You don't know how many users use MyMonero, so without an exact figure nothing you are saying is true". Or in other words, you think people are fucking stupid enough to believe a puerile defense like that instead of a reasonable explanation as to why the #1 wallet (i.e. the only one that actually works) for the most anonymous coin in the world is a website with a closed source backend ran by your core dev and wired up to google analytics = coin suicide. I'll just leave this here:  I do like how you cut-off the bottom of the page to prop-up your assertions--subtle, very subtle.  https://getmonero.org/getting-started/choose^^here's the live full version for those who don't trust Blocka's research techniques. |
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Let's pretend that having most Monero transactions being typed into the dev's personal MyMonero.com website
You are making up the above statement because you don't know it to be true or not. |
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If you compromise a masternode, you can trace part of the mixing. And the more masternodes you compromise the more you can trace. The rest of your argument is the spin you are accusing me of. Even if LEA owned all of the Monero nodes they wouldn't be able to trace a transaction any better than if they were watching the blockchain--if you don't get why this is better anonymity, I feel sorry for you.
If the NSA compromises monero users' wallets, gives Poloniex the order for the coins in their possession, and steals and buys more monero coins, the more transactions they can trace. And nobody would know the percentage of the outputs the NSA would own.
See MRL4. It looks at how minimal mixin values affects the likelihood of an adversary with some percentage of outputs available to mix to see through to get the spent inputs in a ring signature. Turns out a rather low minimum mixin is enough to quickly drown a static (who doesn't generate more new known outputs) adversary.
For the active adversary above (I magically become the owner of loads of coins and inputs) then sure, if the NSA finds an exploit that lets them steal pretty much all the coins in existence, you're a bit screwed. Even if they didn't even bother to try to deanonymize.
If the NSA can do what I said, then Dash's anonymity is broken, but Monero's is fine. If the NSA can do what you said, then both coins are broken. Yup. Let's pretend that having most Monero transactions being typed into the dev's personal MyMonero.com websiteto move funds between there and Poloniex, that controls 95% of volume, because he refuses to make you a working client wallet where he / google analytics can't see what you are doing, means that Monero's anonymity "is fine". (serious face) Blocka, you can't just make things up and assume them into truth. As Senator Moyniham once elegantly pointed out, "Everyone is entitled to his own opinions, but not his own facts." |
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If you compromise a masternode, you can trace part of the mixing. And the more masternodes you compromise the more you can trace. The rest of your argument is the spin you are accusing me of. Even if LEA owned all of the Monero nodes they wouldn't be able to trace a transaction any better than if they were watching the blockchain--if you don't get why this is better anonymity, I feel sorry for you.
If the NSA compromises monero users' wallets, gives Poloniex the order for the coins in their possession, and steals and buys more monero coins, the more transactions they can trace. And nobody would know the percentage of the outputs the NSA would own.
See MRL4. It looks at how minimal mixin values affects the likelihood of an adversary with some percentage of outputs available to mix to see through to get the spent inputs in a ring signature. Turns out a rather low minimum mixin is enough to quickly drown a static (who doesn't generate more new known outputs) adversary.
For the active adversary above (I magically become the owner of loads of coins and inputs) then sure, if the NSA finds an exploit that lets them steal pretty much all the coins in existence, you're a bit screwed. Even if they didn't even bother to try to deanonymize.
If the NSA can do what I said, then Dash's anonymity is broken, but Monero's is fine. If the NSA can do what you said, then both coins are broken. |
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Good question: "If the NSA compromises monero users' wallets, gives Poloniex the order for the coins in their possession, and steals and buys more monero coins, the more transactions they can trace. And nobody would know the percentage of the outputs the NSA would own." Is this response correct or am i missing where the cryptography hits the road?  I believe they would have had to have done that from day one (like bytecoin's 82% premine) and to have kept doing it to amass enough current transaction data to break monero's untracability due to the outputs not being time deterministic. I believe it is like a theoretical time machine in this respect where you can travel back in time, but only as far as when the machine was built. So my understanding is that you would only have access to the transactions you made, but not to information before the wallet existed, so when your funds are mixed with old inputs and outputs, you'd have no idea whether the data is old or new unless you created it. |
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Are you retarded BlockaFett? Honestly, stop making up false percentages with no basis in fact. At least troll intelligently.
from the first page of the thread:
Things to watch out for:
...
3. All Trollero replies to non-believers must start with "are you stupid?" and maintain the fact that everyone is stupid who doesn't "get" Monero (not any other Cryptonote clone though, even the ones with active developers and GUIs - Monero is special and the next bitcoin - FACT.
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predictable... Ok... Interesting logic, so anyone that responds with an insult because of sheer annoyance to your biased, opinionated posts that hold no factual information or have no basis in fact, is what you call a "Trollero"? K, then many celebrities, billionaires, and CEO's are Monero lovers then. Ok... the result of your dismissal is that we now can't talk about MyMonero being any kind of a problem because no one (outside the core team) knows the actual number of users and for some reason in the absence of such you won't allow anyone to use an estimate either. That's great.... Again, are you retarded? I don't want to read about your opinions and such, what you're doing is pure speculation, and such things are useless. Provide facts, or shut up kiddo. Don't even bother responding if you're just going to state an opinion or "speculation" of yours. like I said, just a way for you to sweep the whole issue under the carpet...the issue of the "most secure and untraceable coin", operating with the majority of users (as far as we can estimate) typing their transactions into the dev's personal, closed-source server API, wired up to Google Analytics, because the dev's chose not to develop a viable alternative after 1 year since launch. that's great This might help your cause https://www.youtube.com/watch?v=82P6IRnueogA lot of people extremely angry that I point out how MyMonero.com undermines the whole anonymity / untracability claims of Monero and gives the owners potential to be the only ones to see inside the opaque blockchain whilst the shleps are out in the cold...and trying to find out anything more about it is like trying to draw blood from a stone.....v. interesting. Angry? I think it's cute that you made that thread shortly after i made this one, with your pseudo-research and all, and now you're on this thread trying to skim attention away from the masternode problem. |
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Are you retarded BlockaFett? Honestly, stop making up false percentages with no basis in fact. At least troll intelligently.
from the first page of the thread:
Things to watch out for:
...
3. All Trollero replies to non-believers must start with "are you stupid?" and maintain the fact that everyone is stupid who doesn't "get" Monero (not any other Cryptonote clone though, even the ones with active developers and GUIs - Monero is special and the next bitcoin - FACT.
...
predictable... Ok... Interesting logic, so anyone that responds with an insult because of sheer annoyance to your biased, opinionated posts that hold no factual information or have no basis in fact, is what you call a "Trollero"? K, then many celebrities, billionaires, and CEO's are Monero lovers then. Ok... the result of your dismissal is that we now can't talk about MyMonero being any kind of a problem because no one (outside the core team) knows the actual number of users and for some reason in the absence of such you won't allow anyone to use an estimate either. That's great.... Again, are you retarded? I don't want to read about your opinions and such, what you're doing is pure speculation, and such things are useless. Provide facts, or shut up kiddo. Don't even bother responding if you're just going to state an opinion or "speculation" of yours. like I said, just a way for you to sweep the whole issue under the carpet...the issue of the "most secure and untraceable coin", operating with the majority of users (as far as we can estimate) typing their transactions into the dev's personal, closed-source server API, wired up to Google Analytics, because the dev's chose not to develop a viable alternative after 1 year since launch. that's great This might help your cause https://www.youtube.com/watch?v=82P6IRnueog |
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Are you retarded BlockaFett? Honestly, stop making up false percentages with no basis in fact. At least troll intelligently.
from the first page of the thread:
Things to watch out for:
...
3. All Trollero replies to non-believers must start with "are you stupid?" and maintain the fact that everyone is stupid who doesn't "get" Monero (not any other Cryptonote clone though, even the ones with active developers and GUIs - Monero is special and the next bitcoin - FACT.
...
predictable... Ok... Interesting logic, so anyone that responds with an insult because of sheer annoyance to your biased, opinionated posts that hold no factual information or have no basis in fact, is what you call a "Trollero"? K, then many celebrities, billionaires, and CEO's are Monero lovers then. Ok... the result of your dismissal is that we now can't talk about MyMonero being any kind of a problem because no one (outside the core team) knows the actual number of users and for some reason in the absence of such you won't allow anyone to use an estimate either. That's great.... Maybe you can contact everyone on the rick list and see if they care: https://moneroblocks.eu/richlist |
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Kind of laughable to talk about Monero 'anonymity' when you have 50% of users typing Monero transactions into your core-devs website on his closed-source server wired up with Google Analytics, Generalize. And sorry I didn't read how you think you can compromise Masternodes, i know from experience what your analysis is like and life is too short You're right, if you don't care that your coin is or isn't very anonymous, then why should anyone else care? Sorry you can't be bothered with such details. More like I know from experience that you are desperate to find something wrong with Dash. In the last 3 months you have been jumping round a dozen different threads with "Dash is a scam because XYZ" and now you are trying to say a p2p network topology essentially the same as Bitcoin is centralized so excuse me if I don't pay too much attention.Wrong, I'm saying that you shouldn't have to trust a node for privacy in a coin that claims it's anonymous--masternodes have no business being in a "anonymous" cryptosystem. And i never said dash is a scam--the claim that it wasn't instamined and the claim it is any more anonymous than Bitcoin is BS, and now i guess I'll go research instantx and see if it as claimed. Could never get this much research done without dashers like you egging me on--so thanks. |
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Kind of laughable to talk about Monero 'anonymity' when you have 50% of users typing Monero transactions into your core-devs website on his closed-source server wired up with Google Analytics, Generalize. And sorry I didn't read how you think you can compromise Masternodes, i know from experience what your analysis is like and life is too short You're right, if you don't care that your coin is or isn't very anonymous, then why should anyone else care? Sorry you can't be bothered with such details. |
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So you believe LEAs won't subpoena, coerce, or just ask hosting companies to provide billing information? How many instamine recipients own the nodes in Germany, or France, or the USA? If you had only those three countries supplying node intel, you'd have over 80% of all masternode traffic. So what ? They can probably get that just by reading bitcointalk. It's not the machine that hosts the masternode that matters strategically, it's the anonymous address that hosts its collateral. Blockchain daemons can disappear and pop-up anywhere, hosters can have open access to masternodes for all anyone cares - it's decentralised remember ? The "Evil NSA" doesn't need to hack into any hosting company's virtualised servers to get access to a masternode daemon, they can just download one from here and run it themselves. P.S. Notice something about that page by the way ? It contains the official Dash client, complete with hash's so you can conclusively verify your download is not(a hacked-to-peices wallet that's showing you a JPEG of a phony balance from a blockchain that has no support for public consensus to endorse its veracity or otherwise ) Thats because in crypto, to any self respecting developer, the meer idea of "third party wallets" is synonymous with third party "please-help-yourself-to-my-money" tech, so an official, native, clean, verified, GUI client is usually the first order of business, not the last. Dashers learn to make private nodes and how to obfuscate your IPs--too hard? Then give up the anonymity game--you already lost.
Sorry, but in crypto (unlike fiat) preventing people from seeing and verifying the anonymous addresses at each end of a transaction is not anonymity - it's monetary clownery. Nice subject title though - "The reality of masternode centralisation". That sure took some creativity. Your next assignment: http://en.wikipedia.org/wiki/Spin_(public_relations) Read again. I showed how masternodes could be compromised by using gleaned information from the hosting company, not by compromising the servers themselves. If you compromise a masternode, you can trace part of the mixing. And the more masternodes you compromise the more you can trace. The rest of your argument is the spin you are accusing me of. Even if LEA owned all of the Monero nodes they wouldn't be able to trace a transaction any better than if they were watching the blockchain--if you don't get why this is better anonymity, I feel sorry for you. |
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