Cryptonote currencies

[arivar]

Hello all,

One of the problems I see with bitcoin is the lack of privacy, once someone know you are the owner of an address they can know everything you do. That's why I am looking for some altcoins that use cryptonote protocol. What do you guys think is the best choice ? I was wondering about Dash, because it has the biggest market cap among them, but now everyone is saying it is a scam.

Any suggestions ?

Thanks

[1714728289]

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[GTO911]

Dash is not cryptonote, it shares Bitcoin codebase

Monero is the only cryptonote worth investing

[arivar]

I found little/almost no documentation on monero. Anyone knows how many monero coins are there already and how many are going to be created ?

Thanks.

[smooth]

I found little/almost no documentation on monero. Anyone knows how many monero coins are there already and how many are going to be created ?

https://bitcointalk.org/index.php?topic=583449.0

The base supply is mined over roughly 8 years for 18 million, of which 7 million is mined by now. After that there will be a perpetual minimum reward to incentivize miners (inflation <1%/year)

[arivar]

Thank you all for your answers. I will buy 50 usd worth of monero and keep it.

[Joshuar]

Yea "Dash" was previously named Darkcoin. There was also a Cryptonote coin called "Dashcoin", but the developer of Darkcoin basically took/bought the name from the developer(s) of "Dashcoin", now Darkcoin is called "Dash". Darkcoin/Dash is not a cryptonote coin in any way however, just a initial bitcoin clone/fork.

Cryptonote coins can be seperated from regular Bitcoin clones/forks with their main component(s) being; The Ring Signatures they use to provide near total anonymity/privacy, fungibility, and having an entirely different codebase than Bitcoin.

[arivar]

A bit out of context here, but I am curious about one thing. If monero is completely untraceable am I correct to assume that it would be impossible to trace btc on the following cenario:

1) Buy btc on any place(address 1)
2) deposit btc on poloniex(account A).
3) change btc for monero.
4) withdraw monero.
5) deposit monero in a new account on poloniex(account B).
6) change monero for BTC.
7) withdraw BTC(address 2).

Is it safe to assume there is no way to connect account A to account B or BTC address 1 to address 2 ?

Thanks

[Jeff8247]

Lmao kawasaki

[nikos64]

A bit out of context here, but I am curious about one thing. If monero is completely untraceable am I correct to assume that it would be impossible to trace btc on the following cenario:

1) Buy btc on any place(address 1)
2) deposit btc on poloniex(account A).
3) change btc for monero.
4) withdraw monero.
5) deposit monero in a new account on poloniex(account B).
6) change monero for BTC.
7) withdraw BTC(address 2).

Is it safe to assume there is no way to connect account A to account B or BTC address 1 to address 2 ?

Thanks

https://xmr.to/

XMR.TO allows you to make a Bitcoin payment with the strong anonymity provided by Monero.

[salmion]

A bit out of context here, but I am curious about one thing. If monero is completely untraceable am I correct to assume that it would be impossible to trace btc on the following cenario:

1) Buy btc on any place(address 1)
2) deposit btc on poloniex(account A).
3) change btc for monero.
4) withdraw monero.
5) deposit monero in a new account on poloniex(account B).
6) change monero for BTC.
7) withdraw BTC(address 2).

Is it safe to assume there is no way to connect account A to account B or BTC address 1 to address 2 ?

Thanks

https://xmr.to/

XMR.TO allows you to make a Bitcoin payment with the strong anonymity provided by Monero.

You mean using a trusted third party? This is hands down the shilliest thread I've ever seen.

[GTO911]

You mean using a trusted third party? This is hands down the shilliest thread I've ever seen.

Haha, yea go use third party masternodes for privacy

[MalMen]

A bit out of context here, but I am curious about one thing. If monero is completely untraceable am I correct to assume that it would be impossible to trace btc on the following cenario:

1) Buy btc on any place(address 1)
2) deposit btc on poloniex(account A).
3) change btc for monero.
4) withdraw monero.
5) deposit monero in a new account on poloniex(account B).
6) change monero for BTC.
7) withdraw BTC(address 2).

Is it safe to assume there is no way to connect account A to account B or BTC address 1 to address 2 ?

Thanks

exactly, be sure you use TOR or something similar to access to poloniex so they dont record your ip, but as someone told you, you can jump step 5, 6 and 7 using XMR.to, i already used it and works perfectly

You mean using a trusted third party? This is hands down the shilliest thread I've ever seen.

You probably already used one exchange, an exchange is a thrid party so i dont see your point.... they can run with your moneros ? yes they can, but they will not profit on the long term and i am sure that they are here for the long run

[smooth]

You probably already used one exchange, an exchange is a thrid party so i dont see your point.... they can run with your moneros ? yes they can, but they will not profit on the long term and i am sure that they are here for the long run

Furthermore this service being transactional means the most they can run with are the transactions in progress at one time. In other words, far less than any exchanges where coins are kept on deposit.

[salmion]

XMR.TO allows you to make a Bitcoin payment with the strong anonymity provided by Monero.

Yesyes I know an exchange is a third party it was the above statement without recommending tor or similar that got my hackles up.
*edit not about losing coins - logging IP,etc

Masternodes are decentralised for what it's worth.

kazuki49 - way too forceful. You won't get sales by shouting at people. The other Monero shills are far better telemarketers. You'll shift more snakeoil with sugar.

Sorry for the interruption. We now return to the scheduled infomercial.

[GTO911]

snip

Is it me or the average Darkcoin/Dash shill has really low mental capabilities?

Any mature person can judge that most of these shills are some hyper teens enjoying trolling and making pocket change

[nachoig]

DASH/DARKCOIN IS NOT BASED ON CRYPTONOTE, ITS A COMPLETE SCAM AND THEY STOLE THE NAME FROM A REAL CRYPTONOTE COIN (DASHCOIN)



Several coins use cryptonote but for many reasons and as result why it has the biggest marketcap:

Monero is the only cryptonote worth investing

This seems to be the oldest post at this forum with this image. Where did you find it?

[nachoig]

This seems to be the oldest post at this forum with this image. Where did you find it?

I just accidentally not-so-accidentally discovered Its from the cryptonote wikipedia: http://en.wikipedia.org/wiki/CryptoNote#/media/File:Forks-tree.png

Oh, thanks.

Indeed, this is really strange. Maybe someone from CrypoNote is editing that page.