[XMR] Monero - A secure, private, untraceable cryptocurrency

[Hueristic]

...The other is for writing an online article that describes how I2P and Tor are a necessary part of keeping cryptocurrency transactions anonymous....

I thought I2P has a zero day vulnerability that gives up user IP's. Has it been patched? I doubt we want to push out articles on a flawed protocol touting how it protects . I haven't kept up so If it's been address then disregard.

Here's what you're referring to (I think) - http://gigaom.com/2014/07/24/researchers-find-serious-flaw-in-i2p-an-anonymizing-layer-used-in-amnesic-os-tails/

Basically the attack was a Javascript-based cross-site scripting (XSS) attack that could deanonymise i2p users who have JS enabled in their browser and visit a malicious website. It would not have affected AnonCoin or Monero users, as neither cryptocurrency uses an in-browser interface. As we all know due to the many exploits that anyone that have followed a similar strategy, anyone using Tor or i2p for web browsing with JS enabled is looking for trouble;) Either way, this has been patched in i2p.

Thanks man, Yeah enabling Javascrypt is a retard move. Not to mention Flash and a host of other backdoor plugins. W00ps I mentioned it. I wrote a program in 99 to remove M$ JVM. And remove By *script engines and executable extensions like shellscrap by default on any system I protect. Protecting a default Win box is a fulltime job! And don't even think of installing a update unless you want all your hard work revered by those cocksuckers.

[Lauda]

Is anyone willing to sell me a small amount of monero? Maybe like 20-ish?

[Hueristic]

Is anyone willing to sell me a small amount of monero? Maybe like 20-ish?

Maybe if BTER would give me mine back!

[Jungian]

Is anyone willing to sell me a small amount of monero? Maybe like 20-ish?

Why not use an exchange?

[Lauda]

Is anyone willing to sell me a small amount of monero? Maybe like 20-ish?

Why not use an exchange?

Because I'm only registered to 1 for altcoins and 1 for Bitcoin.
Registering then transferring the BTC there, buying monero transferring it back is just too much work wasted for a small amount.

[rpietila]

there was a 5620 XMR dumped on bittrex right down to .003 this morning

I have bought some when the value was about .0045, do you think it will recover or I should sell now and take the loss?

I'm not sure, I'm not selling, but it is disappointing to see a strong coin like Monero fall like this. What does it say? That the market is not interested in strong coins at all? But the market is more interested in fluff?

It seems the folly of man is going to be our downside, not any issue with Monero itself.

Dark times.

In the whole history of Cryptocurrencies that has in fact been the same. Prices and markets are always driven by short term profit, that is to say the real weight of money is looking for that.

'Investment' in true value and utility is a much longer game, much smaller capital, and it often suffers from the ebbs and flows of profiteers.

It has always been thus with stocks, commodities etc.. Without the markets, new ideas would not be funded : price paid.

Perhaps you try to listen to the voice of reason, and, if possible, not sell your monero to me just before the turn!

[fluffypony]

Is anyone willing to sell me a small amount of monero? Maybe like 20-ish?

Why not use an exchange?

Because I'm only registered to 1 for altcoins and 1 for Bitcoin.
Registering then transferring the BTC there, buying monero transferring it back is just too much work wasted for a small amount.

If you hop on to IRC on Freenode, then there's a channel for OTC trades - #monero-otc

[Jshank]

Virustotal is showing lots of hits on  yvg1900 - Mu7 Miner CPU miner.

https://www.virustotal.com/en/file/caeb65367a8d7fa5a07986845036b7dcd4b631787ac3932fe2dd08c3ff427111/analysis/1407680763/

Is also unable to connect via proxy, thoughts?

[Lauda]

For anyone who might message me, I will already have a deal and get my Monero soon.
Join us on IRC. 

[Majormax]

Is anyone willing to sell me a small amount of monero? Maybe like 20-ish?

Why not use an exchange?

Because I'm only registered to 1 for altcoins and 1 for Bitcoin.
Registering then transferring the BTC there, buying monero transferring it back is just too much work wasted for a small amount.

You have to work at it to learn, and to get anything out.Try some new exchanges: you will discover useful information.

I started on altcoins 18 months ago, worked at it,and made nothing for a while. Now it is different.

By now, I am now registered on 26 exchanges, and own 75 different coins.

[hyeoam]

Charts here: http://crypto-prices.com/XMR

[statdude]

Maybe dumb question, but what are the effects of higher vs lower mixins on

-blockchain size
-transaction speed

blockchain size

The higher the mixin the greater the physical transaction size, so if everyone is using a mixin of 100 it would increase tx size (and thus block size) linearly with the mixin amount.

transaction speed

Zero impact. Unlike a coin that uses multiple stages of mixing, onion mixing, or CoinJoin (even with multiple mixing stages) a tx is the same speed whether it has a mixin of 2, 20, or 200.

Would it be smart to place some "smart" restrictions around high mixin? To help the blockchain size?

Like- Prevent it on "Dust" sized tx.

[fluffypony]

Would it be smart to place some "smart" restrictions around high mixin? To help the blockchain size?

Like- Prevent it on "Dust" sized tx.

When we move to per-kb tx fees then there will be a linear relationship between the mixin level and the fee you pay, so that will discourage that. Ultimately, though, if someone makes a bunch of high mixin transactions, all they're doing is adding to the utxoset, and thus widening the anonymityset (which is a good thing:)

[Mumbles]

Well, there are two different things you are trying to solve here.

1) Ease of use

2) Not having all transactions at the same mixin level

I don't think pushing the burden of 2 on to the average user is the way to solve it. Its a highly technical detail that 95% of users (or more) are not going to understand or want to think about, and it will constantly make them wonder if they are "doing the right thing" or if their transaction is secure enough. Could even discourage use.

The average user is completely ignorant and scared of technology. They know how to turn on their PCs, click the email icons, and that's about it. Thats not an insult to them. They are experts at their day job being doctors, lawyers, etc... but they just don't have any desire or understanding of tech in general. Given that the GUI wallet's purpose is to remove the complexity and make Monero accessible to the masses (if that's possible), then I would really focus on removing any "cognitive load" on the user. Don't force them to think about things that they can't possible understand anyway.

Perhaps a good solution would be to automatically randomize the mix in value between an upper and lower bound and not expose it at all to the end user. Advanced users that want to specifiy a certain value can do so in their preferences or an advanced options screen.

Don't you think this is a knowledge transfer / user education thing? I mean, after the first start wizard new users will see the tutorial screen (I'll show that off when completed), so before they see the privacy slider in the natural course of things they'll learn what it is.

Not showing the privacy slider effectively locks 90% of future transactions in at a single mixin (or even a random selection from a group), so this is something we need to keep loose so that the anonymityset isn't slightly reduced by a fixed mixin level.

[sammy007]

Would it be smart to place some "smart" restrictions around high mixin? To help the blockchain size?

Like- Prevent it on "Dust" sized tx.

When we move to per-kb tx fees then there will be a linear relationship between the mixin level and the fee you pay, so that will discourage that. Ultimately, though, if someone makes a bunch of high mixin transactions, all they're doing is adding to the utxoset, and thus widening the anonymityset (which is a good thing:)

BTW, currently default mixin = 3 for node-cryptonote-pool. If you, guys, concern about it, probably it's will be good idea to submit a PR and change it to 0 by default.

[drawingthesun]

Would it be smart to place some "smart" restrictions around high mixin? To help the blockchain size?

Like- Prevent it on "Dust" sized tx.

When we move to per-kb tx fees then there will be a linear relationship between the mixin level and the fee you pay, so that will discourage that. Ultimately, though, if someone makes a bunch of high mixin transactions, all they're doing is adding to the utxoset, and thus widening the anonymityset (which is a good thing:)

BTW, currently default mixin = 3 for node-cryptonote-pool. If you, guys, concern about it, probably it's will be good idea to submit a PR and change it to 0 by default.

I was hoping that mixin 0 would be disabled at the protocol level at some point, it has shown to be open to abuse.

[mmortal03]

there was a 5620 XMR dumped on bittrex right down to .003 this morning

I have bought some when the value was about .0045, do you think it will recover or I should sell now and take the loss?

I'm not sure, I'm not selling, but it is disappointing to see a strong coin like Monero fall like this. What does it say? That the market is not interested in strong coins at all? But the market is more interested in fluff?

It seems the folly of man is going to be our downside, not any issue with Monero itself.

Dark times.

Looking at the Poloniex chart, May 19th low was 0.00104. June 6th low was 0.00175. July 13th low was 0.002315. August 5th low was 0.00334.

[eizh]

I was hoping that mixin 0 would be disabled at the protocol level at some point, it has shown to be open to abuse.

Yes, that's the plan.

[fluffypony]

Well, there are two different things you are trying to solve here.

1) Ease of use

2) Not having all transactions at the same mixin level

I don't think pushing the burden of 2 on to the average user is the way to solve it. Its a highly technical detail that 95% of users (or more) are not going to understand or want to think about, and it will constantly make them wonder if they are "doing the right thing" or if their transaction is secure enough. Could even discourage use.

The average user is completely ignorant and scared of technology. They know how to turn on their PCs, click the email icons, and that's about it. Thats not an insult to them. They are experts at their day job being doctors, lawyers, etc... but they just don't have any desire or understanding of tech in general. Given that the GUI wallet's purpose is to remove the complexity and make Monero accessible to the masses (if that's possible), then I would really focus on removing any "cognitive load" on the user. Don't force them to think about things that they can't possible understand anyway.

Perhaps a good solution would be to automatically randomize the mix in value between an upper and lower bound and not expose it at all to the end user. Advanced users that want to specifiy a certain value can do so in their preferences or an advanced options screen.

Once we have the entire interface completed we'll do interface testing with testing groups made up of people in multiple countries from all sorts of backgrounds, so we'll have a good cross-section. Typically they have a series of tasks to perform with no education or training on how to use the product or even what it is. We film them over their shoulder to see how they react and where they get frustrated. During this process we can do A/B testing with the privacy bar on/off between two groups, and then we'll have some tangible feedback as to what works and what doesn't. Should give us some direction as to what to do with that:)

[Lauda]

You have to work at it to learn, and to get anything out.Try some new exchanges: you will discover useful information.

I started on altcoins 18 months ago, worked at it,and made nothing for a while. Now it is different.

By now, I am now registered on 26 exchanges, and own 75 different coins.

It's nice to see that you're still around. It's been a while now since I've noticed one of your posts.
Indeed, you're a real trader but I do not have time for this sadly. Other life issues have recently struck and I had to sell out most of it.
So you're a supporter of monero as well or you're just trading it?