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2161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 23, 2016, 02:56:50 PM
It seems like Shen is going full steam ahead! Some updates regarding Ring Confidential Transactions for Monero:

Quote
edit 1/9/2016: Looks like its fully funded! Thanks to everyone who funded - I've started the work (https://github.com/ShenNoether/MiniNero/commit/9ede58897808bee784dab296654b99899a58c109), and I will be posting updates here for the next two weeks as I work on this, rather than updating both here and the stickied reddit post.

edit 1/13/2016: MG sigs + demo are done (git clone https://github.com/ShenNoether/MiniNero.git, cd brief, make, a.exe (or a.out depending on system)). Most of the helper functions are there, so the rest should go a little bit quicker. Also fixed a tiny bug in Monero's keccak function.

edit 1/14/2016: ASNL + demo are done. (https://github.com/ShenNoether/MiniNero/commit/88b2d93e137bd5a2e2a2700ac11136705bd463c5) I will probably do some additional checks on these and the MG sigs once I get everything finished, however they are working as expected now.

edit 1/15/2016: spent an all nighter getting a rough version of all the code finished - I will most likely clean it up, and then make it available early next week.

https://forum.getmonero.org/8/funding-required/2450/ring-ct-c-crypto

Primer, you make it sound like a battle.

Another update:

Quote
edit 1/21/2016: Just FYI the code is fully working (available at https://github.com/ShenNoether/MiniNero/tree/master/brief) right now I am just doing some additional checks / testing / looking carefully for bugs, I expect to have all of these checks done by end of the week.
2162  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 23, 2016, 02:56:06 PM
It seems like Shen is going full steam ahead! Some updates regarding Ring Confidential Transactions for Monero:

Quote
edit 1/9/2016: Looks like its fully funded! Thanks to everyone who funded - I've started the work (https://github.com/ShenNoether/MiniNero/commit/9ede58897808bee784dab296654b99899a58c109), and I will be posting updates here for the next two weeks as I work on this, rather than updating both here and the stickied reddit post.

edit 1/13/2016: MG sigs + demo are done (git clone https://github.com/ShenNoether/MiniNero.git, cd brief, make, a.exe (or a.out depending on system)). Most of the helper functions are there, so the rest should go a little bit quicker. Also fixed a tiny bug in Monero's keccak function.

edit 1/14/2016: ASNL + demo are done. (https://github.com/ShenNoether/MiniNero/commit/88b2d93e137bd5a2e2a2700ac11136705bd463c5) I will probably do some additional checks on these and the MG sigs once I get everything finished, however they are working as expected now.

edit 1/15/2016: spent an all nighter getting a rough version of all the code finished - I will most likely clean it up, and then make it available early next week.

https://forum.getmonero.org/8/funding-required/2450/ring-ct-c-crypto

Primer, you make it sound like a battle.

Another update:

Quote
edit 1/21/2016: Just FYI the code is fully working (available at https://github.com/ShenNoether/MiniNero/tree/master/brief) right now I am just doing some additional checks / testing / looking carefully for bugs, I expect to have all of these checks done by end of the week.
2163  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 23, 2016, 12:25:51 PM
One of the community members made Monero Community Contributions board on Trello, such that we can more efficiently contribute as a community to various things

Thread here: https://www.reddit.com/r/Monero/comments/42ajfv/monero_community_contributions_board_on_trello/

The board itself: https://trello.com/b/5R2ly4mV/monero-community-contributions
2164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 23, 2016, 12:25:34 PM
One of the community members made Monero Community Contributions board on Trello, such that we can more efficiently contribute as a community to various things

Thread here: https://www.reddit.com/r/Monero/comments/42ajfv/monero_community_contributions_board_on_trello/

The board itself: https://trello.com/b/5R2ly4mV/monero-community-contributions
2165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 23, 2016, 12:15:43 PM
server error on mymonero now.
Is there tutorial on how to import mymonero wallet to simple wallet?
Thinking on running fullnode now that I have stable internet connection.

There is no off-the-shelf way to do this. There is code (useful for an Oh Shit solution if MyMonero went offline permanently or for an extended period) but there are also issues with merging it directly.

In practice the easiest and best way to do this, albeit with a 10 XMR fee, is to create a wallet with simplewallet, and then import that wallet in MyMonero. You will then be able to access it both ways.


To complement, if you merely want to go from MyMonero to simplewallet, it is better to create a new wallet with simplewallet and just send the funds from your MyMonero wallet to simplewallet.

See this thread as well -> https://www.reddit.com/r/Monero/comments/424wkw/mymonero_private_login_key/
2166  Alternate cryptocurrencies / Altcoin Discussion / Re: [XMR] Monero - Marketing Team & Tactics on: January 23, 2016, 12:54:59 AM
yeah but at least they (Dash) don't fight it. They move on with what they want to do (so we are not bickering constantly wasting time) and I heard that Dash's price is up +130%. Yeah I understand about how exchange prices can be manipulated by insiders, etc..

Any way, I expected more from you Monero guys. You claim to be so smart, in for the long-term, so honest, etc.. You claim all these perfect qualities, so therefor I hold you to the higher standard that you all impose on everyone else.

In summary, Dash is not holier than thou, kicking a sleeping dog on every corner.

You guys are building a reputation as Hitlers of the forum. And even spamming Wikipedia presumably enabled by connections in the tech sector. Impressive! (note I have come across MoAnero in Wikipedia in numerous bizzarre locations where it is therefor obvious it is a concerted effort)

So desperate, so moan, so euro. Spamming wikipedia. How desperate can one be.

I bet they will if you would go in their thread too. Regarding wikipedia, you are simply being paranoid here.

Anyway, I am not going to argue with you any further, like I've already stated in another thread.
2167  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: January 23, 2016, 12:41:17 AM
Please do point out where I am lying. At your leisure. Don't feel compelled to do it immediately if you are busy.

You portrayed me as a liar when I, according to you, incorrectly stated that you have been going on for past months. I earlier stated that your initial assertation that Zerocash does not need IP obfuscation was incorrect. Using the same terminology as you, that makes you a liar as well. Guess it's a matter of how you see it, but I am not going to argue with you about this any further.

Well I think you are still (maybe unknowingly) lying about that IP obfuscation point. Realize I predicated my entire posting about Zerocash to the point of driving corporate adoption of block chain privacy, so in that context I don't think the IP obfuscation that is needed for ZC applies. In fact, I think it is a nonsense point that the white paper makes, because in the scenarios where one can't rely on the fact that the meta-data is not correlated to any UTXO (because there is none in ZC!) then one can't realistically attain reliable anonymity any way. So the entire allegation that ZC needs IP obfuscation is bogus. I stated that in my debate with smooth, but I doubt most readers (maybe not even smooth) got my point.

And this shows that the Zerocash developers may also not understand yet the correct marketing strategy they need to pursue. It is also an example of how marketing and technology assessment go together and can't be done piecemeal.

I am trying to tell you guys I am very expert at doing both. Please continue doubting me. Are we done?

If I you have addressed this earlier, I'll stand corrected on the following point.

Zerocash uses 2 kind of coins, basecoins (which are transparent) and zerocoins (which are anonymous). Users can convert those basecoins to zerocoins, but nothing stops them to make transactions with those basecoins themselves.

From their website:
Quote
Zerocash extends the protocol and software underlying Bitcoin by adding new, privacy-preserving payments. In doing so it forms a new protocol that, while using some of the same technology and software as Bitcoin, is distinct from it. This new protocol has both anonymous coins, dubbed zerocoins, and non-anonymous ones, which, for purposes of disambiguation, we call basecoins. In contrast to Bitcoin's transactions, payment transactions using the Zerocash protocol do not contain any public information about the payment's origin, destination, or amount; instead, the correctness of the transaction is demonstrated via the use of a zero-knowledge proof. Users can convert from basecoins to zerocoins, send zerocoins to other users, and split or merge zerocoins they own in any way that preserves the total value. Users may also convert zerocoins back into basecoins, though in principle this is not necessary: all transactions can be made in terms of zerocoins.

Since they are based on Bitcoin's protocol, don't you think it is likely they need IP obfuscation for either the basecoin to basecoin transactions or the basecoin to zerocoin transaction?

2168  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: January 23, 2016, 12:24:58 AM
Please do point out where I am lying. At your leisure. Don't feel compelled to do it immediately if you are busy.

You portrayed me as a liar when I, according to you, incorrectly stated that you have been going on for past months. I earlier stated that your initial assertation that Zerocash does not need IP obfuscation was incorrect. Using the same terminology as you, that makes you a liar as well. Guess it's a matter of how you see it, but I am not going to argue with you about this any further.
2169  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: January 22, 2016, 11:55:18 PM
[2] Just look at your own post history, every post you make which is Monero related gets copied to a dozen threads.

You said for the "past months". That is erroneous.

We had a flareup when I was discussing my ZKT (which was a competitor to Monero's RingCT) back in afair September and now again recently when I started to discuss user adoption and marketing in the Aeon and subsequently the Monero thread. Actually what brought me to the Monero thread was the post by ArticMine in my thread on Decentralization this month and then I went to the Monero thread to explain why their hubris about fixing the block size economics was mathematically flawed. Then one of your community members posted about Zerocash, and I offered my thoughts and the attacks and venom from your community began in earnest.

Next time stop lying.

And I will never forget how  you manipulated me by pretending you wanted to be an angel investor only to get info for Monero and how you manipulated me in the peer review of your very condescending Shen-noether.

I don't have time to read all your posts, but to me it seemed like an on-going process. I might be wrong, I have no time, nor the willingness, to check it. I stand corrected on this point.

And I will never forget how  you manipulated me by pretending you wanted to be an angel investor only to get info for Monero and how you manipulated me in the peer review of your very condescending Shen-noether.

You are getting paranoid here. Like I stated earlier, I enjoyed reading your posts, found them insightful, intriguing and learned from them, for which I am grateful. Those were the reasons I wanted to be an angel investor in your project, not to gather information for Monero. Also, your project became a lot less interesting when you dropped the anonymity feature. I also didn't manipulate you into doing peer-review, I appreciated your effort, thanked you for that and stated that the members of the Monero community did so as well.


Next time stop lying.

If you do too  Wink
2170  Alternate cryptocurrencies / Altcoin Discussion / Re: [XMR] Monero - Marketing Team & Tactics on: January 22, 2016, 11:44:42 PM
Don't give them any more gifts TP, they don't deserve anything. Just turn your back on them and their broken coin. Why bother trying to educate the wilfully ignorant?

According to him, your coin (DASH) is broken too. So at least there is that to have in common.

EDIT: "deceit & technological ineptitude (Dash)"

See:

However multiple BTC core developers (and highly respected cryptographers) have said positive things about CryptoNote. To my knowledge exactly 0 BTC core developers have said anything positive about DarkSend.

Comparing deceit & technological ineptitude (Dash) to interesting technology without a future (Cryptonote/RingCT)[1] means there is no distinction on the long-term future from a technology impact standpoint (presuming that characterization is accurate[1]).

Be careful with trusting the opinion of the BTC core devs, since they managed to allow Bitcoin to end up in a Tragedy of the Commons on block chain size and economics of mining. They are smart on technology, but apparently clueless about economics and marketing positioning.

Then again I am not appealing to authority, as you have no good reason to trust my acumen/opinion either.

[1] Start reading from this post forward: https://bitcointalk.org/index.php?topic=1219023.msg13636077#msg13636077
2171  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: January 22, 2016, 11:38:23 PM
I am merely pointing out that initially you were wrong

Incorrect:

Edit: most specifically how afaics the above issue does not apply to important scenarios where corporations would need provable block chain privacy. And other cases of general anonymity are impossible any way due to meta-data (that reaches far beyond just IP obfuscation and besides Tor/I2P are not reliable any way).



Ad hominem, please, this is getting ludicrous.

In addition to erroneously accusing me of making a technical error, you also injected this erroneous claim against my person:

However, for the past few months you seem to be rambling about Monero just everywhere you get the chance to do so.

[1] Did you miss the "at all"? You are currently trying to make up excuses such that it looks like I was incorrect. Also, you edited that post after I made my post.

[2] Just look at your own post history, every post you make which is Monero related gets copied to a dozen threads.
2172  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: January 22, 2016, 11:13:31 PM
You have repeatedly been stating that Zerocash does not need IP obfuscation and therefore is not subject to I2P/TOR, which are, in your opinion, flawed. However, it needs IP obfuscation for certain cases (see Zerocash whitepaper section 6.4) and will be using TOR for that -> https://twitter.com/ioerror/status/689958030859960321. Thus, initially your statements were erroneous.

I already replied to that very specific issue upthread (and in Monero's technical thread) in my recent debate with smooth and explained why you are clueless. Try to actually read everything I wrote on an issue before making incorrect technical allegations (of the ad hominem kind against me) on that issue.

It won't help you Monero speculators to remain ignorant about the critical nuances of technical issues that you do not understand properly.

I am not going to repeat what I already wrote on that technical issue. Go find what I wrote. I am not going to open the Monero technical thread again and be incited to refute further discussion there. You all are entitled to think what you want to think.

I am merely pointing out that initially you were wrong, because you stated Zerocash wouldn't need IP obfuscation at all, whereas they do need it (even though it might be for specific cases, like you stated in that thread (I actually read a bit of it)). Perhaps that doesn't render your initial statement erroneous in your eyes, in mine (and likely others) it does.

Ad hominem, please, this is getting ludicrous.
2173  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: January 22, 2016, 10:51:35 PM
It's kind of pathetic you are condescending on the ones that genuinely tried to help you with your health earlier.

I am not condescending to rangedriver. I am correcting him. He corrected me on what he thought was the correct treatment regimen. I thanked him. He has not thanked me.

I don't believe that when someone helps me, that I should later lie to him about the truth. Seems you are requiring me to lie to him.

I sadly have to agree with the statement of this user:

Then you agree with any statements that don't reflect reality just because the erroneous statements align with your feelings about your vested interests. I try to be more objective and employ logic. I even criticized my own work (ZKT) because it is the same faulty mixing scheme as RingCT.

TPTB_need_war, I don't know what happened to you. Your seemingly personal crusade against Monero and its community members has really put me off. I genuinely enjoyed reading your post and found them insightful, but the quality of them has severely deteriorated.

The quality has increased, but you don't like the reality.

Sorry I don't control reality. Complain to God or what ever delusion you might believe in. I find it highly objectionable that you blame me for stating my logic on the reality.

I am trying to help you guys, but you see it as an attack because you don't like the implications of the reality that I am stating. If you disagree with the reality, then refute it. I can't allow myself to continue to be deluded on anonymity, because I need to be productive and reach real markets.

This looks rather condescending to me though. I bet others would agree too.

Here we go again. They never stop. I wake up and more of the same shit from the Monero community... (I already told them I would inhibit myself from posting in any of their official threads)


In your eyes they might, but seeing as how many people have commented otherwise, I don't think they have. Also, I always said we appreciated the advice and you looking in on it. However, for the past few months you seem to be rambling about Monero just everywhere you get the chance to do so. The most pervasive example probably is the IP obfuscation you went on about. You have repeatedly been stating that Zerocash does not need IP obfuscation and therefore is not subject to I2P/TOR, which are, in your opinion, flawed. However, it needs IP obfuscation for certain cases (see Zerocash whitepaper section 6.4) and will be using TOR for that -> https://twitter.com/ioerror/status/689958030859960321. Thus, initially your statements were erroneous.

Anyway, perhaps you should just keep focussing on your own coin, which will inevitably take over the world anyway, and stay away from anything Monero related or its supporters. Most of them have likely read your posts already anyway, therefore ongoing posts won't have any merit to them and will merely waste your time. The reason for you to keep talking about Monero is for me ambiguous as well, I don't see you going off on other coins all day.
2174  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 22, 2016, 10:01:11 PM
Looks like the roaring of Monero Lion is getting lower now.

Seems to me like we had a proper retrace and could be heading for a new leg upwards.



Check the MACD, this is the 4h chart. Looks the same on the 6h chart. 12h/1d/3d/1w MACDs are still in the green.

In addition, bid side is pretty strong and nearing 200 BTC.
2175  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: January 22, 2016, 09:38:29 PM
Here we go again. They never stop. I wake up and more of the same shit from the Monero community... (I already told them I would inhibit myself from posting in any of their official threads)

Cryptodromeda's point may be that you miss the obvious sometimes. And design work is part of marketing.
My point is Monero folks think they know everything and don't need to listen to anyone. And they censor what they don't want to hear.

Sorry but that's absolute fucking bollocks.

No-one is censoring anything. If you vocalise lengthy passages about things un-related to Monero Speculation on a Monero Speculation thread, guess what's going to happen? How can you divorce yourself from the supreme objectivity to which you hold so dear and not see something so painfully obvious?

How on earth has the Monero community attacked you or your project? I have only witnessed the Monero community act in an entirely receptive and accommodating manner to both your technical suggestions and your personal predispositions.

You're really going full-troll on this.

By the way, the entire point of Monero is that anyone can contribute. If you've something to contribute then fucking contribute. No-one is stopping you from participation. Either get yourself over to GitHub and help out, or don't. Either way, stop with the BS and the borderline reverse trolling.

And it's really disappointing to see a good man whore himself out on a troll thread such as this. If you side with trolls and scam-artists then you will be considered as such.

Your statement is an obfuscation of the reality:

https://bitcointalk.org/index.php?topic=1219023.msg13636139#msg13636139

Monero's community are always about willynilly spin master promotional spam (and your post above is another example of it):

I've also noticed that Monero has been inserting itself in numerous Wikipedia pages. Here is an example:

Other platforms which refute Zooko's conjecture, include: Twister and Monero OpenAlias.

Monero seems to have not understood that willynilly promotion is useless without a marketing strategy.

It's kind of pathetic you are condescending on the ones that genuinely tried to help you with your health earlier.

I will look into this and which diagnostic tests or diagnostic therapies can be tried.

Cool. Let me know how you get on.

You may want to research:-

Stachybotrys (toxic black mold)
Trichothecene Mycotoxins (T-2 mycotoxins)
Cholestyramine Mycotoxin Detoxification

You'll probably want to check C3a, C4a as well as ACE, C-Reactive Protein as well as cholesterol levels. If C3 is high (i.e above 200) then it would indicated Lyme. If C4a is high then it's probably mold, and you can bet your bottom dollar that if its mold then your cholesterol levels are going to be through the roof also, irrespective of how fat/thin you are.

If mold is the culprit then you can be sure that's the reason your GSH levels are depleted thus causing oxidative stress. Building it back up as you are is an excellent idea, but bear in mind as long as you have mycotoxins in your system then you're at risk from relapse. So locate the source of the mold first, detox second, and rebuild last.

You'll find this interesting:-
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3942754/

By the way, skipping sleep is a really bad idea. While detoxification of the lymphatic system can be achieved in numerous ways, detoxification of the glymphatic system can only really be achieved through deep sleep. So you'll want to be sleeping 9-10 hours a day.

Also don't be doing caffeine. If you're faced with the mammoth task of detoxing mycotoxins from your system it makes no sense to overload your liver with un-neccesary "extra" detoxification tasks. For that same reason I'd question why you're eating raw tuna.



I sadly have to agree with the statement of this user:


With all due respect, your input on these forums has been less and less interesting over time. I am not put off by your nazi speech I am already accustomed to. It is more about the content which is lacking the informational part that worries me.
You have not solved anything until you put your ideas on the table so we can examine. Correct me if I am wrong but you have not published any description of your great solution in depth. However you have written many texts by your all powerful ego claiming basically every coin (especially bitcoin) is flawed and it is only you that got the solution right. I think everybody already got that - there is not much more to add, why waste more time?
Obviously Monero is your favorite coin because it is the best existing tech there is - you should at least admit that.


TPTB_need_war, I don't know what happened to you. Your seemingly personal crusade against Monero and its community members has really put me off. I genuinely enjoyed reading your post and found them insightful, but the quality of them has severely deteriorated. 
2176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 22, 2016, 08:26:41 PM
is there a problem with mymonero today? when i login i can't see any transaction history or balance ...

Indeed - looks like the Galera cluster is getting hammered by a DoS, which is causing deadlocks for legitimate users. I'm busy filtering it out and it should be fine within the next 10-15 minutes.

cool, thanks fluffy (for a moment I thought the worst ... cryptsy'ed)

Even if MM disappeared we still wouldn't be able to spend your coins, and you'd be able to recover them either through some other service or directly through a modified simplewallet:)
I cant spend my coin. is it fixed yet?

Which specific error do you get?
2177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 22, 2016, 06:37:04 PM
is there a problem with mymonero today? when i login i can't see any transaction history or balance ...

Indeed - looks like the Galera cluster is getting hammered by a DoS, which is causing deadlocks for legitimate users. I'm busy filtering it out and it should be fine within the next 10-15 minutes.

cool, thanks fluffy (for a moment I thought the worst ... cryptsy'ed)

Even if MM disappeared we still wouldn't be able to spend your coins, and you'd be able to recover them either through some other service or directly through a modified simplewallet:)

To follow up on this, fluffypony posted a comment regarding this on reddit:

Quote
The code to add support for MyMonero derivation to simplewallet was already written a year ago: https://github.com/warptangent/bitmonero/commit/35b1500536a98e02ea459ca6ccb42e8248de43a8

It is not in mainline simplewallet because it uses a different derivation from simplewallet, and it would be an unfair abuse of my position to add support to simplewallet just for MyMonero. However, in future we will add support for multiple derivation systems, which will include MM-style short derivations, but this is extremely low priority (since, if MM disappears, the code already exists).
2178  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 22, 2016, 05:59:36 PM
@$@%$!@# been fighting bots for a week. Getting sick of this shit. can't get friggin order filled.

Where at?

Probably bittrex, poloniex has sufficient liquidity.
2179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 21, 2016, 09:59:27 PM
Relevant post. There was also a discussion on reddit, most of it is the same though.

https://www.reddit.com/r/Monero/comments/41vg68/monero_vs_zcash_eli5_fundamental_differences


I'll just copy my reddit comment here:

I've made this list earlier:

List of possible pitfalls wrt ZeroCash/ZeroCoin:

[1] If ZeroCash/ZeroCoin is launched on behalf of a company, which seems the case here, the company can be given a gag order (e.g. to add a line of malicious code).

[2] If I recall correctly, the creator of the genesis block holds some kind of masterkey. As a result, you have to trust this person. Even if this key was held by a group, you still have to trust that particular group. In addition, you have to trust the program they run to create the Genesis block (the masterkey could be in there).

[3] It's too opaque in my opinion. If a bug existed that would create additional coins, there is no way you would see it.

[4] The math and cryptography backing it isn't peer reviewed yet and in an infancy stage.

[1] seems to be confirmed. They will be launching as a for profit company, see:

Quote
For its first four years online, a portion of every mined Zcash coin will go directly to Wilcox’s Zcash company

This could also invoke some legal issues, since they are basically not a decentralid currency and bear in mind they are **US** based (http://www.bizapedia.com/de/THE-ZEROCOIN-ELECTRIC-COIN-COMPANY-LLC.html). Just remember what happened with Ripple.

Basically, with Ring Confidential Transactions included in Monero it's basically pepsi vs coke (thanks to u/smooth_xmr for this analogy), where both have their advantages and disadvantages.

P.S. They are currently only on testnet, the "real-version" is at least 6 months away.

P.P.S. It seems like they transactions are also quit inefficient compared to Monero's. See this description on how to get from the basecoins (the transparent ones) to the zerocoins (anonymous ones):

Quote
This operation (called a pour) might take a minute or two depending on your hardware. It is producing a zero-knowledge proof. (This operation's performance will be improved in the coming months.)

Shen Noether (aka NobleSir), who is obviously more knowledgeable about this subject than me, also made a comparison on reddit:

Quote
I've done a little bit of comparison in the Ring CT paper / you can also look here for some facts on zcash- there are a few I've seen so far

[1] Setup: Monero (Trustless) vs Zerocash (Must Trust zcash company)

[2] Proof Generation: Monero (100's second ) vs Zcash (1/minute)

[3] Algorithm auditability: Monero (a decent number of people seem to understand ring signatures and confidential transactions) vs Zerocash (I'm not sure how many people actually understand the proofs besides the small group of authors) - although this point is certainly subjective.

[4] Poison-pill attack vulnerability: Monero (attacker would need 51%) vs Zerocash Vulnerable, (see zerocash extended paper section 6.4

[5] Anonymity set: Monero (although the zcash proponents note that a ring signature is a "smaller" anonymity set, they usually don't mention that the stealth address factor actually means that each transaction is masked, whereas the ring signatures provide additional plausible liability, furthermore, since keys appear in different ring signatures in different blocks in time, the anonymity set for when a given key is spent grows infinitely, and could eventually grow larger than the zcash anonymity set at any fixed instant in time) vs Zcash (anonymity set is the entire blockchain )

[6]Anonymous Multisig: Monero (yes! see "written up" link on ring ct sticky, this could make things like lightning potentially possible ) vs Zerocash (?)

[7] Mining: Monero (has it's own strongly decentralized mining process) vs Zerocash protocol from the paper lacks it's own mining (it's essentially just a distributed anonymous database), so there must be another coin which is mined to convert to zerocash tokens

--note that point 4. is an actual potential compromise of anonymity, which contradicts some of the statements the zerocash team has made.
.
Other Differences are slight: Slight differences in transaction size - however Monero transactions should end up being a bit larger when transmitted, but cost less in terms of storage (their eventual block-chain cost will be approximately 32 bytes* (n+1) where n is mixin + epsilon, where epsilon is the current tx size - ring signatures (Note in the recent Ring CT drafts, there is pruning mentioned for the range proofs, see the "written up" link)


https://www.reddit.com/r/Monero/comments/41vg68/monero_vs_zcash_eli5_fundamental_differences/cz63pqw

And:

TPTB_need_war has repeatedly been stating that Zerocash does not need IP obfuscation and therefore is not subject to I2P/TOR, which are, in his opinion, flawed.

However, it seems like Zerocash actually needs IP obfuscation as well and they seem to go with TOR, see -> https://twitter.com/ioerror/status/689958030859960321

I took out this excerpt from the discussion in this thread -> https://bitcointalk.org/index.php?topic=1139756.msg13623846#msg13623846 (starting point).

Look way back in 2014 when you launched Monero, I told you smooth and fluffypony that IP address correlation was the weakness. Fluffypony proceed to try to integrate I2P. I warned you all many times that was not an adequate direction. But you wouldn't listen.

I2P, and even somewhat Tor, is perceived as adequate by 99% of the market. The remaining 1% may be smarter but isn't obviously much of a market at all. Very niche-y.

By the speculators because they are clueless.

But the corporations do not use darknets. They want privacy on the block chain, like we have disk encryption. Mention dark nets, illegal drug trade, etc, and they won't touch it with a 100 foot pole.

I would guess that many corporations do use Tor now for certain things. I2P will be integrated and invisible. No one will know or care how it works, except that the obvious network level vulnerabilities having to do with broadcasting transactions will be removed, and it will pass routine (though not intelligence agency level) technical muster for being private sufficient to satisfy most of the market. That's my opinion, and you are welcome to disagree.

Zerocash still needs IP obfuscation for a lot of private usages in practice too. They acknowledge it in the paper.

Zerocash does not need IP obfuscation when all the transactions are in the private zerocoins. Cite the section of the paper. I think you must be misunderstanding something. You are probably conflating the use of the regular non-anonymous coins mentioned in the paper.

Here you are making excuses again. Corporations are not going to trust unprovable shit. And moreover, mixnets are always vulnerable to flood attacks. They are very, very unreliable. Not only do I disagree, but I also think you are ignoring basic fundamental realities about the technologies.

Edit: arguing for Tor/I2P is akin to arguing for Dash's off chain mixing. Now look in the mirror and remember your arguments for End-to-End Principled ring sigs (versus off chain mixing) and realize the same logic applies to why Zerocash is superior to using off chain mixnets. Hypocrite.

Edit#2: okay I see the section you are referring to:

Quote
6.4 Additional anonymity considerations
Zerocash only anonymizes the transaction ledger. Network trac used to announce transactions,
retrieve blocks, and contact merchants still leaks identifying information (e.g., IP addresses). Thus
users need some anonymity network to safely use Zerocash. The most obvious way to do this is
via Tor [DMS04]. Given that Zerocash transactions are not low latency themselves, Mixnets (e.g.,
Mixminion [DDM03]) are also a viable way to add anonymity (and one that, unlike Tor, is not as
vulnerable to trac analysis). Using mixnets that provide email-like functionality has the added
bene t of providing an out-of-band noti cation mechanism that can replace
Receive
.
Additionally, although in theory all users have a single view of the block chain, a powerful
attacker could potentially fabricate an additional block
solely
for a targeted user. Spending any
coins with respect to the updated Merkle tree in this \poison-pill" block will uniquely identify the
targeted user. To mitigate such attacks, users should check with trusted peers their view of the
block chain and, for sensitive transactions, only spend coins relative to blocks further back in the
ledger (since creating the illusion for multiple blocks is far harder).

I will need to understand this attack better. Seems to me they are saying that you need to spend from a block where your pour transaction was the only transaction in the block. But the user would I think know this and thus not spend the coin any more. Thus I believe the anonymity remains provable without the use of any mixnet. I will need to understand this more deeply to be sure.

Bear in mind that I2P will be integrated in Monero, but you can always choose to run Monero over TOR if you want.
2180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 21, 2016, 09:58:16 PM

Just came across this article on 'wired':

http://www.wired.com/2016/01/zcash-an-untraceable-bitcoin-alternative-launches-in-alpha/

Apparently they're trying to promote new altcoin as first (!?) untraceable cryptocurrency. Not a single mention of Monero in article (multiple in comment section tho).

Anyone familiar with this alt? Any advantages over XMR?

Wired is pretty big news site, I'm surprised they published such article. Sponsored?

Probably, they had another article on there too last year.

We already had a discussion regarding Zcash vs Monero in another thread, I'll copy it in my post below.
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