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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4548637 times)
jehst
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21 million. I want them all.


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December 08, 2014, 04:18:44 AM
 #17801

Andrew Poelstra says:
"The paper will describe some new cryptographic primitives which could be used in a blockchain to avoid explicit linkage between transactions. It certainly does not describe or advocate how to implement such things in Bitcoin. Indeed, this would dramatically change the efficiency and privacy properties of Bitcoin in ways that would be unacceptable to many existing users."

http://www.reddit.com/r/Bitcoin/comments/2oh7vq/toward_unlinkable_bitcoin_transactions_andrew/cmn952n


If Maxwell and Poelstra are a) interested enough in CN tech to start writing a paper on it, and b) they realize CN tech has almost no chance of being implemented in bitcoin, then maybe they'll start directly working on the best CN coin around.  Grin


Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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December 08, 2014, 04:45:49 AM
 #17802

That is cool! How did you get your the saddam.moneroaddress.org alias you reference in your sig? Did you have to register the domain name moneroaddress.org yourself? Does this mean that to get our own openalias to use with Monero, we have to find domain name registrars that allow anonymous registration?
I am not amused.

Or simply use Namecoin (NMC), http://namecoin.info/, to register a .bit domain. There is no need to use the ICANN/US Gov. root. Of course all of this creates a business opportunity for selling .bit, Namecoin, registrations for XMR.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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December 08, 2014, 08:36:37 AM
 #17803

Andrew Poelstra says:
"The paper will describe some new cryptographic primitives which could be used in a blockchain to avoid explicit linkage between transactions. It certainly does not describe or advocate how to implement such things in Bitcoin. Indeed, this would dramatically change the efficiency and privacy properties of Bitcoin in ways that would be unacceptable to many existing users."

http://www.reddit.com/r/Bitcoin/comments/2oh7vq/toward_unlinkable_bitcoin_transactions_andrew/cmn952n


If Maxwell and Poelstra are a) interested enough in CN tech to start writing a paper on it, and b) they realize CN tech has almost no chance of being implemented in bitcoin, then maybe they'll start directly working on the best CN coin around.  Grin



Pretty sure they've already been working on it on some level as independent contractors/consultants. Just not publicly(pseudonyms maybe for ethical reasons?). And even if they haven't done any actual 'work' related to CN stuff they' appear to have taken an academic interest in the tech months ago.
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December 08, 2014, 10:10:34 AM
 #17804

Andrew Poelstra says:
"The paper will describe some new cryptographic primitives which could be used in a blockchain to avoid explicit linkage between transactions. It certainly does not describe or advocate how to implement such things in Bitcoin. Indeed, this would dramatically change the efficiency and privacy properties of Bitcoin in ways that would be unacceptable to many existing users."

http://www.reddit.com/r/Bitcoin/comments/2oh7vq/toward_unlinkable_bitcoin_transactions_andrew/cmn952n


If Maxwell and Poelstra are a) interested enough in CN tech to start writing a paper on it, and b) they realize CN tech has almost no chance of being implemented in bitcoin, then maybe they'll start directly working on the best CN coin around.  Grin



Pretty sure they've already been working on it on some level as independent contractors/consultants. Just not publicly(pseudonyms maybe for ethical reasons?). And even if they haven't done any actual 'work' related to CN stuff they' appear to have taken an academic interest in the tech months ago.

Look at the comments and you'll find the answer Tongue

Quote from: andytoshi
(b) Yes, I have. (Arguably I am one of their experts.) Edit: To clarify, I did do my own independent audit of the Bytecoin signature scheme. I concluded that their sucurity argument was sound. I've been in contact with the Monero research team and we have discussed this among other things.

Question was:

Quote from: BinaryFate
b) As you correctly point out, the initial analysis on security in the cryptonote white paper is light, and their authors completely (not just "somewhat" as you gently write it...) discredited. Nevertheless the Monero team did a very thorough evaluation of the crypto involved in the protocol, by hiring several academic cryptographers/mathematicians to do the auditing. Have you been in touch with the experts involved, or have you done your own evaluation from scratch without considering this previous work?

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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December 08, 2014, 10:36:45 AM
 #17805

some curiosity I noticed watching poloniex the last weeks, some pump and dump coins always go up like a supernova eclipsing XMR volume for some days but after that Monero almost always remains at the top with a respectable and stable trading volume.
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December 08, 2014, 10:39:02 AM
 #17806

some curiosity I noticed watching poloniex the last weeks, some pump and dump coins always go up like a supernova eclipsing XMR volume for some days but after that Monero almost always remains at the top with a respectable and stable trading volume.

It has been that way ever since Monero was listed there.
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December 08, 2014, 11:59:57 AM
 #17807

Openalias is awesome feature, I have TXT record on wallet.hashinvest.net with xmr address for long time as a reminder for personal use, now added another one in proper format.
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December 08, 2014, 12:05:15 PM
 #17808

Thanks to whomever sent me 1 XMR via saddam.moneroaddress.org! We will never know.

I will give away 1 xmr to anyone that makes an openalias wallet. Lets make it rain.  Cool
I added ge.changetheworldwork.com openalias (not tested, windows simplewallet) for Monero donations for the new version of my gene expression analysis software (zRMicroArray). It's used by at least 3 groups of students (US and Bulgaria) each year and by some laboratories and researchers in the US. It's free for non-commercial use and it's used instead of some expensive commercial software products. A single small experiment to collect the data for such analysis cost 60,000-200,000$ and then you could use my software to make the analysis for free which somewhat reduces the overall price of the experiment. The software needs a lot of new functionality added and a fully rewritten new version to answer the needs of the users. I have 5 years of real world users feedback. The new version will take at least 6-12 months if I devote my time to it and I may need one more part time developer. I doubt I could find any significant resources for the new version without some company buying the software and it's exclusive rights, but I'm still trying. If you send me this 1 xmr it'll be the first cents ever I get for this software. If I configured it properly ge.changetheworldwork.com should send to
Code:
4AUoJ141b18EbZBAqmVq1cZSR2mVYtH1VaTsALSiMqAMFHbT38SwD3UPy5vUtmu3QL9hpR8RFFMPwfBcZzwEwqdV58yejWS

About me | zRMicroArray - phase 2 - Gene Expression Analysis software | [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe | Monero weighted average price stats: moneroprice.i2p
BTC: 1KoCX7TWKVGwqmmFw3CKyUSrKRSStueZar | NMC: NKhYEYpe1Le9MwHrwKsdSm5617J4toVar9 | XMR (Tip me a beer OpenAlias Monero address): tip.changetheworldwork.com
[XMR] Monero - A secure, private, untraceable cryptocurrency: 4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2u NXgDMqYhjJVmc6KX
fluffypony
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December 08, 2014, 12:46:59 PM
 #17809

Well, what shall I say, for Tipping Websites using domain adresses makes sense.

That is perhaps an almost infinite realm of possibility. You know you cannot fund your webpage using advertisement popups, somebody allready tried that. Nor offer an entry field for supporting people's credit card credentials, for known reasons.
A money in cash equivalent with a clean reputation and a common name fits into this in a perfect way.

Names always had that habit of designating someone. Maybe connecting names with anonymity is a misfit by design.

Yes, maybe it is a bit absurd using the most anonymous payment system and tying it to something as public as the Yellow Pages. But it makes the currency easier to use for some people that don't *always* need the most privacy. Sending some money to your mother, for instance.

Don't forget this one simple point: publicly exposing your Monero address does not compromise your privacy in any way. This is in stark contrast to Bitcoin, where revealing your address let's someone track your transactions on the blockchain.

The reason for this is that outputs in a Monero transaction are NOT made to an address. They are instead made to a "destination" that is computed from the two parts of your address (your public spend and view keys) + some random data. This computation cannot be reversed. Thus "connecting names with anonymity" is a perfect fit, as the connection to an address reveals nothing other than the fact that you use Monero.

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December 08, 2014, 12:48:38 PM
 #17810

Thanks to whomever sent me 1 XMR via saddam.moneroaddress.org! We will never know.

I will give away 1 xmr to anyone that makes an openalias wallet. Lets make it rain.  Cool
I added ge.changetheworldwork.com openalias (not tested, windows simplewallet) for Monero donations for the new version of my gene expression analysis software (zRMicroArray). It's used by at least 3 groups of students (US and Bulgaria) each year and by some laboratories and researchers in the US. It's free for non-commercial use and it's used instead of some expensive commercial software products. A single small experiment to collect the data for such analysis cost 60,000-200,000$ and then you could use my software to make the analysis for free which somewhat reduces the overall price of the experiment. The software needs a lot of new functionality added and a fully rewritten new version to answer the needs of the users. I have 5 years of real world users feedback. The new version will take at least 6-12 months if I devote my time to it and I may need one more part time developer. I doubt I could find any significant resources for the new version without some company buying the software and it's exclusive rights, but I'm still trying. If you send me this 1 xmr it'll be the first cents ever I get for this software. If I configured it properly ge.changetheworldwork.com should send to
Code:
4AUoJ141b18EbZBAqmVq1cZSR2mVYtH1VaTsALSiMqAMFHbT38SwD3UPy5vUtmu3QL9hpR8RFFMPwfBcZzwEwqdV58yejWS

[wallet 49VNLa]: transfer 3 ge.changetheworldwork.com 1
For URL: ge.changetheworldwork.com, WARNING: DNSSEC validation was unsuccessful, this address may not be correct!
 Monero Address = 4AUoJ141b18EbZBAqmVq1cZSR2mVYtH1VaTsALSiMqAMFHbT38SwD3UPy5vUtmu3QL9hpR8RFFMPwfB cZzwEwqdV58yejWS
Is this OK? (Y/n) y
Money successfully sent, transaction <a6d2316beab5320412adc7548f5084465c2709bc58aac0ba903f86a7483ca552>

equipoise
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December 08, 2014, 01:20:55 PM
 #17811

Thanks to whomever sent me 1 XMR via saddam.moneroaddress.org! We will never know.

I will give away 1 xmr to anyone that makes an openalias wallet. Lets make it rain.  Cool
I added ge.changetheworldwork.com openalias (not tested, windows simplewallet) for Monero donations for the new version of my gene expression analysis software (zRMicroArray). It's used by at least 3 groups of students (US and Bulgaria) each year and by some laboratories and researchers in the US. It's free for non-commercial use and it's used instead of some expensive commercial software products. A single small experiment to collect the data for such analysis cost 60,000-200,000$ and then you could use my software to make the analysis for free which somewhat reduces the overall price of the experiment. The software needs a lot of new functionality added and a fully rewritten new version to answer the needs of the users. I have 5 years of real world users feedback. The new version will take at least 6-12 months if I devote my time to it and I may need one more part time developer. I doubt I could find any significant resources for the new version without some company buying the software and it's exclusive rights, but I'm still trying. If you send me this 1 xmr it'll be the first cents ever I get for this software. If I configured it properly ge.changetheworldwork.com should send to
Code:
4AUoJ141b18EbZBAqmVq1cZSR2mVYtH1VaTsALSiMqAMFHbT38SwD3UPy5vUtmu3QL9hpR8RFFMPwfBcZzwEwqdV58yejWS

[wallet 49VNLa]: transfer 3 ge.changetheworldwork.com 1
For URL: ge.changetheworldwork.com, WARNING: DNSSEC validation was unsuccessful, this address may not be correct!
 Monero Address = 4AUoJ141b18EbZBAqmVq1cZSR2mVYtH1VaTsALSiMqAMFHbT38SwD3UPy5vUtmu3QL9hpR8RFFMPwfB cZzwEwqdV58yejWS
Is this OK? (Y/n) y
Money successfully sent, transaction <a6d2316beab5320412adc7548f5084465c2709bc58aac0ba903f86a7483ca552>

It's working! It's very easy to set and it takes just a minute. Great work is done by the Monero devs! Thank you.

About me | zRMicroArray - phase 2 - Gene Expression Analysis software | [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe | Monero weighted average price stats: moneroprice.i2p
BTC: 1KoCX7TWKVGwqmmFw3CKyUSrKRSStueZar | NMC: NKhYEYpe1Le9MwHrwKsdSm5617J4toVar9 | XMR (Tip me a beer OpenAlias Monero address): tip.changetheworldwork.com
[XMR] Monero - A secure, private, untraceable cryptocurrency: 4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2u NXgDMqYhjJVmc6KX
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December 08, 2014, 01:37:14 PM
 #17812

WOW
Network Hash Rate: 20.97 MH/sec

Are there any more miners with video cards?

if so
it is in which country and how much electrical energy there

KNC made Scrypt-N firmware for Titans on Friday. After that, titans have nuked lots of Scrypt-N coins. Perhaps, former Scrypt-N GPU-/CPU-miners have moved to different algo coins...

▂▃▅▇█▓▒░BTC-Cultist░▒▓█▇▅▃▂
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December 08, 2014, 04:44:56 PM
 #17813

This Re-doubles my faith in Monero.

https://download.wpsoftware.net/bitcoin/wizardry/brs-arbitrary-output-sizes.txt

Unless I have read this incorrectly it is a simple addition to Cryptonote coins?

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December 08, 2014, 04:55:54 PM
 #17814

This Re-doubles my faith in Monero.

https://download.wpsoftware.net/bitcoin/wizardry/brs-arbitrary-output-sizes.txt

Unless I have read this incorrectly it is a simple addition to Cryptonote coins?

Not, not really, and whether or not it's a security improvement is questionable as it adds a new level of associative data to transactions (outputs are exponentially more likely to be smaller mixed in inputs than larger ones). At best you reduce bloat by a constant while introducing a property whose application to forensics is unknown.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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December 08, 2014, 05:51:53 PM
 #17815

This Re-doubles my faith in Monero.

https://download.wpsoftware.net/bitcoin/wizardry/brs-arbitrary-output-sizes.txt

Unless I have read this incorrectly it is a simple addition to Cryptonote coins?

Not, not really, and whether or not it's a security improvement is questionable as it adds a new level of associative data to transactions (outputs are exponentially more likely to be smaller mixed in inputs than larger ones). At best you reduce bloat by a constant while introducing a property whose application to forensics is unknown.

Is there a rebute to this "possible" security issue that this purports to address. And when you say no you did not mean it would not be an "easy" integration?

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December 08, 2014, 06:22:10 PM
 #17816

Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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December 08, 2014, 06:25:07 PM
 #17817

This was my first mined crypto too Smiley It's a fulfilling feeling

         ▄█▄  ▄▄▄▄
          ▀ ▄██████▄
    ▄▄▄   ▄███▀▀███
  ▄█████▄ ▀█▀ ███▄ ▀▀
 ███▀  ▀██▄    ████▄   
 █▀ ▄██▄ ▀█▀ ▄██▀ ▀█▀ ▄██
  ▄██▀     ▄██▀     ▄██▀
 ██▀ ▄█▄ ▄██▀ ▄█▄  ██▀ ▄▄
      ▀███▀    ▀██▄  ▄██▀
     ▄▄ ▀██▄ ▄█▄ ▀█████▀
     ███▄▄██▀   ▀▀
      ▀██████▀
        ▀▀▀▀   ██▀

  █
  █
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████
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████
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████
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▄███▄    ▄███▄
███  ██▄ █▀▀▄
████████  ███▀
██▀ ▄███      
████████▄▄  ▄█▀
 ██████▀▀██▀▀
  ▀███▀▄▄   ▄
   ▀██▄██ ▄█▀
     ▀▀██▀▀
FULLY
ANONYMOUS

━━━━━
/

    ██▄▄              ▄▄██
   █▀  ▀█▄ ▄▄▄▄████▄██▀  ▀█
  █▀   ▄███▀▀▀       █▄   ▀█
 █▀   ▄███▄ ▄▄█▄▄     █▄   ▀█
██▄  ▄████████████▄▄  █▄  ▄██
  ▀▀██▀███████████████▄███▀▀
      ▀█▄█▀███████████▀▀
        ▀███▀███████▀
           ▀▀▀▀██▀▀
INSTANT
TRANSFER

━━━━
/

     ▄████▄
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▄██████████████▄
▀██▀ ▀█  ▀█ ███▀
 ██ ▀ █ ▀▄█ ███
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 ▀▀▀████████▀▀▀
     ▀████▀
API FOR YOUR
PROJECTS

━━━━

  █
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████
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████
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PARTNER PROGRAM
TOR MIRROR
MIX WALLET
.FAQ
ANN THREAD
TELEGRAM
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December 08, 2014, 06:30:47 PM
 #17818

Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...
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December 08, 2014, 06:43:42 PM
 #17819

Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...


In 2012 i decided to start mining bitcoins to support the network since i had already bought a few. So i built a nice computer with a nice GPU which was giving me 0.5 bitcoin a day. I think the price was around 8 dollars at the time. After mining for a few weeks i decided to sell the computer mostly because i couldnt stand the noise of the GPU fan Tongue After all i was gaining just a few dollars and i would need  a few months to get back my investment for the computer.

Now obviously i know that i shouldnt have sold that computer...

 
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December 08, 2014, 06:44:46 PM
 #17820

Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...

Better late than never.  I didn't mine my first XMR until August.   But have mined a good bit now.  Matter of fact have a 290x GPU coming in today to run on my latest rig.  5x 280x and 1x 290x as a flagship card on that rig.    

Monerohash.com   U.S. Mining Pool
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