My 2 cents opinion... I can't even think of starting with Cryptonote nor RingCT as a base for what I want to do, because I want to popularize crypto currency and I need microtransactions and very high transaction rate scaling with instant transactions. Also I want to totally change the PoW model to unprofitable PoW where the mining is done by payers (not by miners) and verification is entirely centralized, because this is the only way I can see to maintain decentralization as a crypto currency scales up. All that privacy and anonymity overhead is baggage that makes it impossible to achieve my design and it does nothing for the masses, but stand in the way of the features for which they might actually use a crypto currency.

It is 2am here (slept 5 hours now insomnia kicks in again). At 9am I will receive the results from all my blood tests looking for an infectious cause. I am thinking my Hepatitis C test will be positive. That makes the most sense with the symptoms I have now. And I am actually hoping that is the result, because there are 4 month treatment cures for Hepatitis C now (just in the past year or so become available), but one problems is the treatments cost ~ $85,000 and I don't have that much money, and even if I had health insurance (which I don't), they wouldn't pay for it until my liver reaches cirrhosis. But I did read one of the treatment regimens is available for example in Egypt for $300 per month.

So hopefully later today I will have more clarity on what I am dealing with.

Normally with Hepatitis C once a person reaches the stage I am in now, then they lose their ability to work, etc.. But I suppose radical improvement in diet might stave it off and improve matters enough to get a few more months of productivity. I was able to code an entire dating/social network site Spring of 2015, so it is only since about July 2015 that I become totally incapable of sustaining the type of concentration and man-hours one needs to gain momentum with coding.

Back on the topic of anonymity and privacy, I think there may be a market for this especially corporations are going to want this. And I think it may be possible to integrate this with the type of overhaul of Satoshi's design that I am contemplating. But I don't believe the first priority is to integrate that, because first we need to make crypto currency popular. Also I think the privacy technology that will end up integrating best and also work the best for corporations will be based on zk-snarks, not based on RingCT (otherwise I wouldn't have stopped trying to get my alternative design for RingCT which employs the apparently more efficient CCT instead of CT). It is possible I am missing some key details which will make my assumption incorrect. As all programmers know, the devil is in the details and I have not been trying to integrate on chain privacy with my contemplated overhaul yet.

As I said, if I was healthy I'd be all over this and I would be silent, because I'd be having too much fun coding. I am talking probably because I don't feel well and I am not able to do what I love to do. Reflecting a bit, I think I developed an addiction for posting on these forums, because for one thing it was necessary for my learning curve in 2013 but also it became a crutch for what I apparently lost the ability to do. Yesterday I was sitting in front of the computer trying to work, but even last night I realized I couldn't speak well to my gf. When one doesn't have the energy to speak clearly (tongue tied), then that can explain why they can't also do any coding. I really think it would be difficult for another person to understand if they didn't have experience with a similar type of illness. I also can't understand why I can write and analyze on the forum, but it doesn't translate into same ability to code. I think the difference is that writing and analyzing is much less intensive, because it is small morsels. Whereas with coding, one loads up a lot of information and variables and has to sustain several hours of concentration to get anything at all accomplished on some snippet of code.

I think Monero has a very good shot of taking over the privacy realm, but I think after you get RingCT and GUI wallet done, you need to start looking at zk-snarks. If ever I can get healthy, and if ever I do actually produce some code for an overhaul of Satoshi's design, at that point I think there could be a consideration of a meeting of the minds. Any way, what ever I do will be open sourced upon release, so you all can integrate or cherry pick even without my involvement. Right now, the key is that if I can't get healthy, then I am just a windpipe.

zcash team is still researching How To Generate SNARK Parameters Securely

This is a oversimplified article about a very complex problem.

So does this fix the problem? We think this solution is good enough to move ahead with. It completely eliminates the toxic waste private key if it works, and it would be extremely difficult for any adversary to defeat it.

Unfortunately there is no way to confirm, after the fact, that it actually worked. It will always be possible to worry that all N out of N of the participants may have secretly colluded together to share their private key shards, or that all N out of N participants may have had their computers compromised by an adversary who stole all of the private key shards.

Very much agree on the technical superiority. But what good is that if not enough people know about it? Based on market caps, Monero's technical superiority is not enough to overcome its marketing inferiority (sorry, it pains me to write this). We are the 98 pound genius weakling at the beach. We are still going to get sand kicked in our face. We need to be all 'round good, not excellent, or even the best in some areas, but pitifully deficient in others.

Unfair to shame an obvious Monero supporter, who may be unable to do the coding or lobbying which needs to be done. I can’t do it either. Which is why I refrain from commenting, usually. Because I do feel guilty about not doing these things, which, btw, I CAN’T do anyway. I don’t sing the national anthem at the Superbowl either, and anyone with ears should be grateful for that.

The only thing I can do is talk up Monero on this, or other (seemingly unrelated) forums, spread teh word among my friends and acquaintances etc. Is it a lot? No. What do Warren Buffet’s stockholders do for Berkshire Hathaway?

My fear is that we will miss this black swan event, because (among other things) we have no official gui, and only a tiny exchange called Poloniex. Will these issues be resolved before China’s move towards capital controls becomes a fait accompli?

And before Ethereum co-opts Monero’s strengths, or at least, enough of them to induce Cryptospace to embrace them (even more), while ignoring Monero, which, while still technically superior, remains Marketing-Challenged.

Ethereum has time, and timing on their side, as the #2 coin. It has user adoption, a thriving community, without even being finished. OK, no cute mascot. Still, if this event happens, say, in the next month, will Monero be ready to benefit from it? Because even rent by civil war, Hearnia, and constrained capacity, Bitcoin is. Even unfinished, Ethereum is. But Monero? Not so much. Even Dogecoin is! Such Sad, Very Despair.

It's about 2-3 GB, which I don't consider bloated. The main reason it is even that large was a bug in the early pool software, long since fixed (blocks temporarily got very large around block 100K).


There has been no default anonymity and won't be for another month or so, so obviously this has nothing to do with it. For better or worse about 80% of the transactions have been done without mixing (rough figure, the exact number has changed over time).


The spent key images are tiny, so no, that isn't a large part it at all.

https://mobile.twitter.com/fluffyponyza/status/704113681219624960

There's no "mixing" in Monero, as something you absolutely need to do before you get going. It just happens on every transactions, without you doing anything special. It also doesn't require others to be active, connected, or to send transactions at the same time as you.
The term "mixing" is in fact very misleading, it applies perfeclty to coinjoin which Dash uses, but poorly to ring-signatures which Monero partly rely on. (Partly because there's more to the privacy aspect than just ring sigs. Anyway wrong thread for this and probably for your questions too).

i'm really not interested in this tainted update, tungfa.
 
all i get out of it is Monero giving nothing about privacy (after all this was suppose to be a private meeting), having a thing against redheads and pretty much
confirming to the world they have a Trollero cult inside Monero.

i rather see a post from someone of Dash inside there, how they experienced it. What kind of connections they made, what they learned from each other .. etc  

 
  
The words 'huge advantage' are a gross understatement here.  This isn't just about taxation and legal compliance.  There are entire classes of necessary applications that cannot exist without a viewkey.  
  
For example, let's say you and I use Monero tokens to enable a digital contract that only we know about.  First of all, this is an unpondered Monero killer-app: irreversible private contracts that two entities can make without the need for anyone else to ever know.  
  
But it's the view key that makes this possible, because without that we would need to give someone access to the edit the underlying contract to prove it exists.  This is a huge nail in the coffin for Zerocash.  
  
Will it eventually exist and be useful for some things?  Yes.  But Monero will still be superior.

@Fluffy, Error while sending.



Next error:


Signed out and tried again and got while sending:


Back to this.

Neither, It has zero effect. We are all well aware of that project and whenever it finishes it still will not effect XMR. Patching a leaking boat will not make it float as long as a hull made of better materials.

But Zerocoin’s new AngelList page also notes that if necessary, the same zero-knowledge proof trick can also allow a zerocoin user to forego that privacy and choose to reveal proof that any individual transaction was his or hers—say, as a receipt for some zerocoin purchase. “We are adding *selective disclosure* to Bitcoin and Blockchain technologies,” the AngelList page reads. “Transaction metadata in the Blockchain is confidential by default but can be disclosed to specific parties. This allows the best of both worlds: both strong privacy and transparency on the Blockchain.”

The view key is well known, but it can be a blunt instrument, since it reveals all payments for the entire lifetime of an account (including past and future). It is less known that you can disclose individual payments on a case by case basis, as needed:

Unfortunately I expected this response. Evan is currently at a retreat with dozens of bitcoin leaders and you cannot name one respected person who supports DASH.