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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Unveiling the truth over the major Monero scam on: January 11, 2015, 08:57:28 PM
Man Am I stupid, just bought another BTC's worth. Cheesy
It should be criminal to be that stupid! Wink
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: January 11, 2015, 08:43:48 PM
всем привет, биржа cryptsy прихуела, несколько месяцев в ихнем хуевом голосовании xmr являлся лидером, сегодня решил зайти а там какаято aricoin, что за хуйня творится? наук Уя спрашивается голосовали проплачивали, если эти черти так и не добавили нашу супер монетку, передайте им кто сможет что они гребанные хуесосы!!!
переведите кто сможет, заранее спасибо) извиняюсь за богатый русский язык)
Quick google translate:

"Cryptsy, the cocksuckers, has as usually added a bunch of shitcoins like Kakayato and Aricoin, even though Monero was voted nr1 a few months ago. What the fuck is going on?(Sorry for the strong Russian language)"

I agree.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: January 10, 2015, 06:47:03 PM
Is Monero anonymous? Why what pros/cons compared to the Darkcoin tech?

Monero endeavours to make privacy in transactions mandatory for ALL transactions, small or large. Unlike privacy forks built on top of Bitcoin, there will soon be no way to opt out of privacy for Monero. Privacy in Monero requires absolutely no external factors that are points of failure like DarkCoin, e.g. masternodes. Instead, the privacy is baked in by cryptographic mechanisms that are provably sound mathematically.
Ok. Whats your thought on this: http://www.cryptoarticles.com/crypto-news/researchers-trace-bitcoin-users-ip-addresses-by-looking-at-transactions
Is this the reason why Bitcoin has declined the past months? Would it be impossible to achieve an analysis like this on the Monero blockchain?

That would be the reason for a lot of people who want anonymity.  But people use credit cards all the time and the lack of anonymity doesn't stop them.  The fact is that many mainstream products are purchasable by bitcoin... well more so than other altcoins.  So the ability to purchase various goods still makes bitcoin superior despite it's lack of anonymity.  And besides that, there are ways around tracebacks.
However, I don't see why crypto assets would ever replace the standard currencies. Even if we have seen some adoption, its still not very remarkable on the big scale. The small businesses and food stores will probably never have any use of crypto currency. Especially not when its so easy to exchange them for regular money.
Some even say its wrong to call them "crypto currencies", allthough they can be used as such. "Whatever it is, its not money"

This is not in any way a bad thing though, they are still a good resource, and could of course also work as a form of backup if our monetary system would collapse(God forbid).
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: January 10, 2015, 06:12:09 PM
Is Monero anonymous? Why what pros/cons compared to the Darkcoin tech?

Monero endeavours to make privacy in transactions mandatory for ALL transactions, small or large. Unlike privacy forks built on top of Bitcoin, there will soon be no way to opt out of privacy for Monero. Privacy in Monero requires absolutely no external factors that are points of failure like DarkCoin, e.g. masternodes. Instead, the privacy is baked in by cryptographic mechanisms that are provably sound mathematically.
Ok. Whats your thought on this: http://www.cryptoarticles.com/crypto-news/researchers-trace-bitcoin-users-ip-addresses-by-looking-at-transactions
Is this the reason why Bitcoin has declined the past months? Would it be impossible to achieve an analysis like this on the Monero blockchain?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: January 10, 2015, 01:43:31 PM
Hmm interesting. If ring signatures "does the trick", it seems like Darkcoin will have a hard time to claim territory on the market - considering that it has a more complicated approach.

Lets see what happens. I feel the wind of change blowing by.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: January 10, 2015, 12:36:21 PM
Is Monero anonymous? Why what pros/cons compared to the Darkcoin tech?
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]BitNet-vpncoin SuperNET|AES|Domain&Website System|VPN|Voice&video call on: January 09, 2015, 02:45:31 PM
Developers!
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Making PoW usefull on: January 09, 2015, 02:12:04 PM
Hehe! I've now come to understand that brute forcing this form of encryption is practically impossible, even with the power of Bitcoin.  Undecided
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Making PoW usefull on: January 09, 2015, 12:51:41 PM
Bitcoin more powerful than fastest supercomputers

10  Alternate cryptocurrencies / Altcoin Discussion / Making PoW usefull on: January 09, 2015, 12:02:30 PM
Wouldn't it be possible to make use of all those ~250 Phash/s of computer power that we today waste on solving fabricated algorithms? The essence of the Internet is information, so if we are looking for something concrete to be mined, encrypted information seems like a valid contender.

What is there to decrypt? The first thing that comes to my mind is Wikileaks. There are X amounts of encrypted documents that still remain hidden from us.

"What's Wikileaks hiding in its 400GB of 'insurance' files?"

Quote
"The triumvirate of files are locked with NSA-approved AES encryption and weigh in at a beefy 3.6GB, 49GB and 349GB respectively.
Without a secret key to decrypt them (or a time machine and a very powerful computer) the files are useless blobs of ones and zeros that allow the safe dispersal of secret information beyond the reach of anyone who might want to interfere with Wikileaks."

Mining is one the biggest flaws of Bitcoin, because it's not used productive in any way. It's a common thing to hear that, "Bitcoin seems like a complete waste of resources".
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆ on: January 09, 2015, 11:00:21 AM
Does this conversion from SDC to Shadow mean that the SDC gets hard to track as well? I mean, if someone supposedly is trying to track my SDC, I convert to Shadow, then reconvert back to SDC - would this mean that my SDC has cut its link to where it originally came from? (That the SDC blockchain becomes non-linear in a way)

Yes.

The original SDC were destroyed to create Shadow, and the Shadow were then destroyed to create SDC in a completely new address.

The only thing to be wary of is say converting 1234 SDC to Shadow, then quickly converting 1233.999 Shadow to SDC. The destruction of 1234 on one addy and creation shortly thereafter of 1233.99 to a new addy creates a link you can still plausibly deny, but a link all the same.

Redeeming Shadow to 2 SDC addresses and leaving a bit of Shadow un-destroyed (some dust) would be a more intelligent way of "washing" your SDC imo.
Ok thanks, that's awesome!
Does Shadow/SDC work in the same way as Mastercoin/Bitcoin? I mean, are they linked in a similar way?
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⋆⋆⋆ [SDC] ShadowCash | ShadowSend v2 IS ALIVE ! ** MANDATORY WALLET UPGRADE! ⋆⋆⋆ on: January 09, 2015, 10:45:28 AM
Does this conversion from SDC to Shadow mean that the SDC gets hard to track as well? I mean, if someone supposedly is trying to track my SDC, I convert to Shadow, then reconvert back to SDC - would this mean that my SDC has cut its link to where it originally came from? (That the SDC blockchain becomes non-linear in a way)
13  Alternate cryptocurrencies / Altcoin Discussion / Re: who killed crypto? on: January 08, 2015, 11:18:04 PM
wasn't me
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]BitNet-vpncoin SuperNET|AES|Domain&Website System|VPN|Voice&video call on: January 08, 2015, 12:20:39 PM
How do we know that the burned addressed can not be accessed?
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]BitNet-vpncoin SuperNET|AES|Domain&Website System|VPN|Voice&video call on: January 08, 2015, 12:09:44 PM
Is there Linux wallet?!? Smiley
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