He already tried to ask the devs to implement that on Monero but the whitepaper had too many flaws.
Is he working on fixing the flaws? A few years ago I got the 49ers winning the superbowl at 7 to 1 odds--by the time the superbowl arrived the 49ers were favored over the Ravens and I thought, "Why can't I sell the better odds to people betting on the game and make a buck off my early odds?" |
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where the hell is the dude that proposed the bond measure in the first place?
(edited twice because I can't use "there/their" correctly)
aminorex proposed the bond, but i think there was not enough XMR pledged to make it worthwhile for him. Until then, you can be your own "Monero Masternode" by buying and holding.  In other news, I noticed the Monero subreddit just gained about ~150 new subscribers in the past few days. It has been stagnant around 700 for months. Perhaps some new users are noticing the great potential of Monero. Wow! That thing was stagnant for months and BAM! Wonder what sparked it? Cryptodice? Unease in the Bitcoin privacy debate? Or just people getting real smart real fast?  |
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Yes, they are different, but I mean in their architecture / composition - as in, does a payment ID have a specific nature compared to a viewkey. So if I sent someone my viewkey as a payment ID, could an algorithm search the blockchain and find a viewkey amongst the payment IDs?
I'm pretty sure that if you expose your viewkey for a Monero address/account, then in theory anyone can see all transactions associated with that address/account. As has been said many times, the tooling for this doesn't exist in simplewallet yet, but from what I understand by exposing your viewkey you are essentially making a public account. Right, but thats the point if one were to create this bond / certificate of deposit device. You create a bond / CD by plopping a certain amount of monero into a new address. People then reward you for keeping it in there over time, and they validate that its in there by using the viewkey. where the hell is the dude that proposed the bond measure in the first place? (edited twice because I can't use "there/their" correctly) There is here with a t, both are places Their is heir with a t, both show ownership (though one is future ownership in most cases). |
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Yes, they are different, but I mean in their architecture / composition - as in, does a payment ID have a specific nature compared to a viewkey. So if I sent someone my viewkey as a payment ID, could an algorithm search the blockchain and find a viewkey amongst the payment IDs?
I'm pretty sure that if you expose your viewkey for a Monero address/account, then in theory anyone can see all transactions associated with that address/account. As has been said many times, the tooling for this doesn't exist in simplewallet yet, but from what I understand by exposing your viewkey you are essentially making a public account. Link to Fluffy's explanation on reddit: https://www.reddit.com/r/Bitcoin/comments/2tea5t/a_reminder_to_those_who_dont_want_a_bitcoin_that/cnygl3q |
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A word on personality types and privacy. After last weeks slug fest on r/bitcoin, I've come to realize that many people think bitcoin can be anonymous if you follow best practices. The main problem with this mindset is that artisan personality types, those most likely to use bitcoin to break the law, are also more likely than any other personality type to take short-cuts and not follow best practices each and every time. Making bitcoin a poor choice for those who are most likely to want privacy.
If we apply personality types to privacy markets, it seems the solution that provides the most privacy in the easiest to use way will triumph over other solutions.
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Unofficial Monday Moneroworld Digest Prettiest Backup I got tired of everyone wanting a monday missive. So I made one. Because thats what we do in moneroworld. What a great synopsis! Nice to have the week condensed into a three minute read. Thank you, GingerAle. |
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Simple metaphor of why Monero is better at anonymity than attempting to anomize a pseudonymous crypto:
If you want the best off-road vehicle, you don't put a Camry on a lift kit and start tinkering with it to make it off road capable; you build an off road vehicle that was designed from scratch to be the best off-road vehicle available.
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We must keep in mind here that the government has both the sending and receiving computers and the corresponding secret keys for both the sending and receiving wallets. They are trying in this situation to link the coins that were sent from the SR servers to the coins in the defendant's computer. My thought is that replacing XBT with XMR would not help the defendant in this situation since in the XMR case the government would still be able to use the corresponding view keys to provide evidence of the transactions to the court. This is actually quite properly by design.
yes, and if you are dumb enough to compromise your own private key and crimonous enough to be involved with drugs and potential murder, you deserve this fate. edit: can I make suggestion for the title of the next mixxives?: Monero: Tropical disease and Monero: Twitch of the nerve Jeeze, some of the comments are straight from the r/buttcoin playbook. |
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next wave of investments will be towards bitcoin blockchain tracking and analytics for sure... r/bitcoin, "But I really, really, really want Bitcoin to be anonymous. Did I mention really?" |
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I think we tend to see less completely blind bitcoiners "bitcoin is completely fungible and anonymous" as before. But more and more "if you take sufficient precautions, you can hide your traces". Basically they're saying "if *I* can't trace something, therefore *nobody else* can, now and forever". Which is surprisingly naive.
Btw, we must be careful, I fear soon enough we'll see some "if you don't do evil, bitcoin is sufficiently private", which is a dangerous line of thoughts.
Thanks BinaryFate and Smooth, good lessons in the minutia of fungibility. |
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Calling BinaryFate This sadly seems the consensus at r/bitcoin "[–]dangero 29 points 7 hours ago You can't track every single satoshi. Multiple inputs can be combined into a single output. At that point you cannot say which satoshi came from which input. Once they're mixed like that you can't separate them again and say which part came from where. It's like pouring multiple smaller cups of water into one larger cup. Once they are combined and mixed you can't provably separate them again. Even if you pour half out into another cup, who is to say where that half originally came from? Bitcoin is absolutely fungible." https://www.reddit.com/r/Bitcoin/comments/2uew9j/bitcoin_is_a_finite_resource_like_land_if_you_own/I know it's wrong, but I'm not sure I know how wrong it is. |
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Have a great SuperBowl day guys!  To you too. I wish they won't run it on a Saturday afternoon in the US, as that makes it the night to Monday for Europe and Africa, which is just very inconvenient. Why not Saturday afternoon?  One answer I found was that advertisers want you sober for the commercials and a Sunday evening keeps most people sober (or at least more so) because you have to work Monday. Also Superbowl Sunday is trademarked and playing it on Sunday is tradition which is treated as Holy to some people.The early super bowls were never the global events that they are today and didn't have to consider the time differential, so what to do about it now? Change the date and risk losing advertising dollars or pissing off your core demographic? I think the NFL MEW had a 100% vote to keep it as is. |
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There is another problem with trying to anonymize Bitcoin, I was reading this thread and it became clear, not only you have to trust the mixer but you'll have to worry that your coins could become "tainted" and in the future someone could wrongly acuse you of things because of your "transaction history"... BinaryFate will LOVE this observation! He's the resident fungibility expert. |
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I love LAMP
Smart lamps are pretty cool too-- moneraries use them to illu monate monestaries. |
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Again, IRC channel. Just idle in their until you see activity or someone responds.
I do. I've only recently started visiting this thread again more because they don't consistently post missives outside of here on time, I mean, reddit is an afterthought and the title of the IRC channel is as well, they don't consistently talk about the latest database binaries anywhere but here, you wouldn't even have known that there was a consortium of monero research lab people if you didn't come here and follow a clusterfuck bitcointalk thread Something time friendly that could be splashed through between watching tv or ploughed down in a couple hours? Like this? www.futurism.co/bitcoin-weekly/Though I'm a bigger fan when it was sutura and the articles were more easily gathered if you wanted a quick read through. I would think Monero couldn't support 4, but if you included I2P updates and a general article on privacy or innovation you could easily get enough to make it email worthy. |
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just a little thought i was having on my mind.. based on no of articles and discussions taking place lately, looks like year 2015 is going to set solid footwork towards crypto currency regulation and come hard on exchanges that don't follow regulatory framework. that will probably incite more interest towards darkcoin first since it's more marketed but the neverending issues surrounding its master nodes and premined stash may prove to be disastrous in the end turning all that avalanche of attention to monero... by then monero should be ready for all that love... just to reiterate coinbase already received approval to be fully regulated, gemini is next on the list... i don't know how you guys see it but i see this very bullish for monero in the long run.. As soon as monero's targets are achieved and get stable i'm expecting it to start picking up a lot more interest from exchanges and merchants... http://www.coindesk.com/anonymous-bitcoin-backgrounder-policymakers/I think it's going to be more an issue of dm operators migrating from TOR to I2P. DM operators will do what is in their best interest, not have consumers dictate the coin they should use to them; they're taking the brunt of the risk and they supply the product that the consumer wants--good luck telling them that they should use a coin because it has better marketing. When's the last time you saw a drug dealer with a cc reader? And before anyone jumps on me and says, "Oh, but Monero's so much more than the dark markets, ect,..." I've never said otherwise. What I am saying is that dm is the market that can make or break Monero. Do you think a CEO is going to entrust the secrecy of a project on a coin that failed publicly with dm? I wouldn't.... |
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Next time someone posts "1000!" we will need some champagne  |
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I would have thought that Monero would appreciate against Bitcoin in times like these.
Very few applications in which you can use Monero at the moment and it doesn't seem like many investors/speculators know about it yet. Hard to get traction when there's little speculation or actual use. Which is cool, I want to buy more and more and more....  |
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