In case anyone missed it, a few updates from Shen Noether regarding Confidential Transactions (CT) for Monero: Edit 11/21/2015: things are slowly coming together - MLSAG's have been coded in python ( https://github.com/ShenNoether/MiniNero/blob/master/MLSAG.py) and then I need to get the RingCT code using these rather than the LWW sigs. After this I should be able to finish the size analysis in the paper and then hopefully get a really cleaned up copy available. edit 11/27/2015: demo version of RingCT using the MLSAG's is coded - next up is implementing 1. Diffie helman passing of masks and 2. implement a short representation of amounts
Most recent version: https://www.overleaf.com/read/qzgytbyyxvyfSome more updates: edit 11/27/2015: demo version of RingCT using the MLSAG's is coded - next up is implementing 1. Diffie helman passing of masks and 2. implement a short representation of amounts & edit 12/4/2015: demo version with ECDH passing and short reps is implemented and written up - next is to get this paper looking nicer Implementation: https://github.com/ShenNoether/MiniNero/commit/4c11983fffb8764837af6727052dc1f34b52c9e4Write up: https://www.overleaf.com/read/qzgytbyyxvyf |
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Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...
Much more positive.
Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world. Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD? XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support. If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant. A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space. Lol, your statement is patently false. Everything (all commodities) including BTC are tied to USD. You may have fooled yourself into believing otherwise but that's all your doing is deluding yourself. Okay, even if so, the BTC "commodity" increasing while the XMR "commodity" is falling or not rising (both relative to USD) indicates a failure of XMR to compete with BTC. I don't see the counterargument here. A failure to hold equilibrium during bubble in a manipulated market is not indicative to a project failure. If there is a significant drop ratio beyond the average of other main alts then I would be concerned. I'm thinking the price is being held down intentionally until the Gui is released when those that are in control have accumulated their limit. The only other reason I can think of is that big holders know something the general public doesn't like a fatal flaw and are divesting as slowly as they can. Doesn't necessarily have to be whales keeping the price down, could also very well be just going the same way as all alts are going. In other words, following the altcoin trend. Although I agree there is some manipulation going on, I wrote more extensively about that earlier. See: https://bitcointalk.org/index.php?topic=753252.msg12813307#msg12813307 |
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Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...
Much more positive.
Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world. Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD? XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support. If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant. A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space. You're only looking at the last two or three months boost in xbt. How does it look compared to a couple of years ago? Not very pretty. We went through a brutal bear market that lasted a year and a half. And where is the rally we're apparently experiencing now going to lead? No one knows. What does that matter though? During a bear market for BTC, with the XMR/BTC ratio holding or falling, the only outcomes are losing USD value as fast as BTC, or losing it faster. Correct, the whole equation is as follows. If % increase in BTC > % decrease in XMR/BTC, you will gain USD value. If % increase in BTC = % decrease in XMR/BTC, you won't lose USD value. If % increase in BTC < % decrease in XMR/BTC, you will lose USD value. |
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Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...
Much more positive.
Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world. Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD? XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support. If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant. A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space. I agree with this statement. I would also like to add that if one alt (for instance Monero) counters the trend, probably all traders are going jump on it. So hopefully, Monero can accomplish this. Time will tell I guess. |
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something seems odd on moneroblocks.eu:
Height Size Tx Timestamp Block Hash
857514 172 0 2015-12-06 22:27:18 29a7fab8e70f7427e83369e376c703466d659e9e82970c53207efc26a76ac46f
857513 210 0 2015-12-06 22:30:52 0577cccde88d30305510f02d2de74831b0dad75a63a968809245fe6e79e8595c
857512 1609 2 2015-12-06 22:27:25 7828369138ec760bf96621a1f6f618bd4585602719460dbfae1cbca63e025bfe
in this example it shows block 857514 with a timestamp before block 857513 (and before 857512)
whats wrong?
(timestamp seems off on many blocks there, blockheight is higher but timestamp is earlier)
Timestamps are approximate. They are set by the miner but if the miner's computer clock is off, the timestamp will be off. They're still accepted by the network if within some range. FWIW: This has occured in Bitcoin as well -> https://bitcointalk.org/index.php?topic=391388.0 |
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I have one theory of what is behind some coins price movements, DASH too. My country is devastated right now with cryptolocker 4. As bitcoiner I am called every day now, ppl want bitcoins to pay ( you have to pay in BTC if you want your files to be unlocked ) . To my view, waves of BTC payments are on time with BTC price spikes ( last month). Also it looks to me that Hackers use DASH and maybe MONERO to hide BTC trails. Call me paranoic but... Maybe somebody knows more about this?
P.S. I just backed all my important files to cold storage what I recommend to all!
That would make the price go up. If they actually exchanged there BTC for DASH/Monero it would drive up the price. Conversely, if they only use DASH/Monero temporary to launder their BTC the effect would cancel out over time. |
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Where can I find more information about CryptoKingdom, especially about how to play the game? I registered on the site a few months ago, but I couldn't figure out what to do next.
It is actually somewhat elusive at the moment, just like Bitcoin in 2010. Our thread in altcoin section is a good resource to start and we are soon opening the registration of new characters which has been closed for months, as we have made the game better and ready to accept new people. Is your game based on monero or bitcoin? Is it the ingame currency, that would sound like a nice feature. Crypto Kingdom uses Monero as ingame currency. Wow. How come I've just now heard of this? Is it like a faucet inside of a game? Or is XMR used to buy upgrades for better equipment in the game? Mostly the latter, I suggest heading over to the Crypto Kingdom bitcointalk thread or the channel on IRC to get a more detailed explanation (##crypto-kingdom on freenode, make sure to use ## instead of the regular #). |
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Hi GingerAle, Thanks for your summary. Two things I don't quite understand. Blocktimes will also be changed to 2 minutes in order to try and fix the amount of reorgs that occur. What are reorgs ? Ring-confidential transactions will also be in the development branch at some point, which means that now the amount of a transaction will also be private What do you mean it will be private ? Isn't it already private (with mixin) ? Am I wrong or are Confidential Transaction more obscure than current implementation ? Here is an ELI5 for if it's not clear for you after reading the other comments: ELI5: Next to hidden origins and destinations that are inherent to the Monero protocol (provided by ring signatures + stealth addresses), this will also hide amounts, while viewkeys will still work, and of course it will still be auditable. |
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Ring-confidential transactions will also be in the development branch at some point, which means that now the amount of a transaction will also be private What do you mean it will be private ? Isn't it already private (with mixin) ? Am I wrong or are Confidential Transaction more obscure than current implementation ? Amounts of transactions are not hidden. http://moneroblocks.eu/...
Another interesting improvement is change of the base cryptography to the actual standard, as opposed to the cryptonote version of the cryptography. ...
Do you have a link for a more detailed explanation on this? See this particular commit -> https://github.com/monero-project/bitmonero/commit/0a4bc84b2f681dfd89b501648f65a951d876e2d8Basically, Shen Noether included the reference code used by Bernstein et. al. ( http://ed25519.cr.yp.to/ed25519-20110926.pdf) |
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When it gets solved either (or any) way, the likely result is relief on the markets and a nice boom in bitcoin prices. Cf. XMR had the emission issue which first demolished the price to 1/4 of the previous, and when it was solved, price rose back to 0.004.
Our current lull is due to everyone thinking they have enough, and perhaps renewed hope in BTC, not many newcomers coming, 0.9 delayed and situation is not known except to a few (and others cannot decipher their statements nor believe they are truthful), and even because CK has not yet opened to general public.
I agree mostly, one remark though: not many newcomers coming This is probably an indirect result of 0.9 being delayed. Whether we like it or not, if a newcomer goes to the website and downloads the current binaries (0.8.8.6), he will most likely get annoyed by them, simply due to them being old and slow. So much improvement has been done this year, but unfortunately it can not be seen yet by outsiders/newcomers. However, even though they are old and slow, I have seen a lot of new faces on our subreddit, which is growing quite gradually over the last few months. See -> https://www.reddit.com/r/monero/about/traffic |
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Is there a target date for release of v0.9 yet? Before or after bitcoin adopts bip101 (jan 16 i think)?
On red it fp said 1-2 weeks 4 weeks ago. So by my calculation it should be in about 2 weeks from now. My usual clueless disclaimer applies. That's probably because the hardfork went a little bit wonky and needed some squashing of bugs. Furthermore, it is of utmost importance that the hardfork code will be implemented correctly, otherwise we could experience big issues in the future. Also, I guess that after 0.9 is released we'll probably have releases more often. |
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Regarding bolded, not sure if you are talking about XMR, but you don't need others in order to mix. You can mix passively, so if your assertion was about XMR it is erroneous.
Let's say tomorrow I start using Bytecoin / BCN for my anonymous transactions. Explain to me why Bytecoin is vulnerable from deanonymizing my transactions by those who have like 87% of the coins. What type of mechanism is there in place that deanonymizes me, and isn't the same mechanism there for Monero as well - even if the 87% stealthmine is not? If one entity has 87% of the coins it also has roughly 87% of the transaction outputs, because of this it is fairly easy for the entity to discover your real inputs. If one entity has a really large part of the Monero supply (say 75+%), Monero is subject to this as well. ...and that's possible because (simplistically speaking) you are mixing with others, and if they have a lot, they can single you out. No? When sending a transaction, you select some random transaction outputs on the blockchain and mix those with your own "real coins". This also explains why a entity that has a really large amount of the supply is able to deanonymize you. |
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Regarding bolded, not sure if you are talking about XMR, but you don't need others in order to mix. You can mix passively, so if your assertion was about XMR it is erroneous.
Let's say tomorrow I start using Bytecoin / BCN for my anonymous transactions. Explain to me why Bytecoin is vulnerable from deanonymizing my transactions by those who have like 87% of the coins. What type of mechanism is there in place that deanonymizes me, and isn't the same mechanism there for Monero as well - even if the 87% stealthmine is not? If one entity has 87% of the coins it also has roughly 87% of the transaction outputs, because of this it is fairly easy for the entity to discover your real inputs. If one entity has a really large part of the Monero supply (say 75+%), Monero is subject to this as well. |
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FYI: there are coins out there that have default instant mixing without involving counterparties and that even can be done offline.
If you are mixing, you are always mixing with someone else. And he can single you out (sybil attack).
You can improve that (possibility of remaining anonymous) by increasing the mixing number, number of times you mix your coins etc. But there is always someone else (real or virtual) involved.But since high mixing creates some very sizable bloat which prevents the coin from being usable, the default level is pretty low in those "other coins". So, take my suggestion and instead of being in the Dash thread all day along with the other resident trolls, go to the XMR thread and ask your devs to make XMR scale to a usable level. XMR has to improve and become something more than an unusable proof-of-concept - although, to be honest, I doubt this can be done with the available technology. In any case, Dash needs better competition to improve itself further. Regarding bolded, not sure if you are talking about XMR, but you don't need others in order to mix. You can mix passively, so if your assertion was about XMR it is erroneous. Regarding the bloating "problem" (which is imo not much of a problem, but I guess that depends on the perspective), there is already a solution for that, see [2] & [3] of https://www.reddit.com/r/Bitcoin/comments/3swjv9/why_do_people_find_it_so_hard_to_accept_the/cx13ei3?context=3Anyway, let's stay on topic, since this is the DASH thread. P.S. If I recall correctly, intensive use of DS will also somewhat bloat your chain, since these kind of transactions tend to be relatively large as well. I am not entirely sure about this, so if anyone is able to refute me with some concrete evidence, feel free to do so. @toknormal, transparent & opaque might be better, but again a matter of perspective. True, you mix passively, but you still rely on inputs that were used previously and until the fork happens, 70-80% of all inputs are mixin 0's. I wouldn't exactly jump for joy given that most services still use mixin 0 and there aren't many for large denominations. Fair point. However, since basically everyone will switch to the new version, it will already be somewhat enforced. There was some confusion about this, which I clarified here -> https://www.reddit.com/r/Monero/comments/3n06qw/there_seems_to_be_some_confusion_around_the/Anyway, let's stick to DASH, since this is their ANN thread. |
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FYI: there are coins out there that have default instant mixing without involving counterparties and that even can be done offline.
If you are mixing, you are always mixing with someone else. And he can single you out (sybil attack).
You can improve that (possibility of remaining anonymous) by increasing the mixing number, number of times you mix your coins etc. But there is always someone else (real or virtual) involved.But since high mixing creates some very sizable bloat which prevents the coin from being usable, the default level is pretty low in those "other coins". So, take my suggestion and instead of being in the Dash thread all day along with the other resident trolls, go to the XMR thread and ask your devs to make XMR scale to a usable level. XMR has to improve and become something more than an unusable proof-of-concept - although, to be honest, I doubt this can be done with the available technology. In any case, Dash needs better competition to improve itself further. Regarding bolded, not sure if you are talking about XMR, but you don't need others in order to mix. You can mix passively, so if your assertion was about XMR it is erroneous. Regarding the bloating "problem" (which is imo not much of a problem, but I guess that depends on the perspective), there is already a solution for that, see [2] & [3] of https://www.reddit.com/r/Bitcoin/comments/3swjv9/why_do_people_find_it_so_hard_to_accept_the/cx13ei3?context=3Anyway, let's stay on topic, since this is the DASH thread. P.S. If I recall correctly, intensive use of DS will also somewhat bloat your chain, since these kind of transactions tend to be relatively large as well. I am not entirely sure about this, so if anyone is able to refute me with some concrete evidence, feel free to do so. @toknormal, transparent & opaque might be better, but again a matter of perspective. |
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This comparison is pretty much meaningless imo but in case you want to continue it's better to compare similar branches. For Dash corresponding Bitcoin branch is 0.10, not master.  So difference is somewhere around 2100 commits currently Thank you for the correction. That seems an impressive number, and indeed somewhat an indication of a lot of development work being done that is independent of Bitcoin. If you look back in the actual commits there were indeed many commits for clean ups, tweaks, etc., especially during the summer (around the time of the version 12 release), so the 2000 number seems to pass a quick reality check. Are you no longer merging new Bitcoin commits, or is it planned to freeze for a while and then catch up at some point? In case the corresponding Bitcoin branch is 0.10, this probably gives the best and most fair comparison:  Also: "Showing 300 changed files with 5,718 additions and 3,542 deletions." |
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In case anyone missed it, a few updates from Shen Noether regarding Confidential Transactions (CT) for Monero: Edit 11/21/2015: things are slowly coming together - MLSAG's have been coded in python ( https://github.com/ShenNoether/MiniNero/blob/master/MLSAG.py) and then I need to get the RingCT code using these rather than the LWW sigs. After this I should be able to finish the size analysis in the paper and then hopefully get a really cleaned up copy available. edit 11/27/2015: demo version of RingCT using the MLSAG's is coded - next up is implementing 1. Diffie helman passing of masks and 2. implement a short representation of amounts
Most recent version: https://www.overleaf.com/read/qzgytbyyxvyf |
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