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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4548437 times)
yeXIABC
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December 12, 2014, 01:50:55 AM
 #18001

An asic is not a cpu for a reason. those two items
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fox19891989
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December 12, 2014, 05:56:40 AM
 #18002

...
I'm not usually interested in altcoins myself, but I can see how people can enjoy them. Most altcoin "investing" is a lot like gambling. I can see how trying to navigate and manipulate these tiny markets could be fun for a lot of people. These pump-and-dump altcoins aren't really competitors to Bitcoin: they're really a way of using your bitcoins to gamble. There are also a handful of technologically interesting altcoins like Monero, which I think are very useful for testing new ideas that might one day be incorporated into Bitcoin.

Even theymos finds Monero interesting Tongue

Nice. Just wait until we can start marketing this next year.  Grin

IMO XMR will be one of top 5 coin
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December 12, 2014, 07:59:32 AM
 #18003

2014-Dec-10 14:30:49.486350 [SRV_MAIN]Storing blockchain...
2014-Dec-10 15:35:07.872327 [SRV_MAIN]Blockchain stored OK.

1h05 on a win7/64, core2duo, 4GB, hdd machine (and yes i know i'm a bit of a masochist)

When you get a real computer, it will be about 60x faster.

2014-Dec-11 15:57:17.945610 [SRV_MAIN]Storing blockchain...
2014-Dec-11 15:58:20.322671 [SRV_MAIN]Blockchain stored OK.

1m03 on a win8.1, i7, 16GB, hdd machine (with debian VM running a BTC node & yam miner hashing for XMR also utilizing the CPU at the same time)

I'm seeing slightly better times on my Macbook Pro Retina -



Seriously, though, once LMDB is stable it'll also mean that there's no periodic write. All db writes will be as-it-happens.

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December 12, 2014, 08:20:41 AM
 #18004

...
I'm not usually interested in altcoins myself, but I can see how people can enjoy them. Most altcoin "investing" is a lot like gambling. I can see how trying to navigate and manipulate these tiny markets could be fun for a lot of people. These pump-and-dump altcoins aren't really competitors to Bitcoin: they're really a way of using your bitcoins to gamble. There are also a handful of technologically interesting altcoins like Monero, which I think are very useful for testing new ideas that might one day be incorporated into Bitcoin.
Even theymos finds Monero interesting Tongue
Totally deluding himself if he thinks that Bitcoin even has a chance of integrating CN tech. Tongue
Bitcoin will turn into a POS coin. Yeah but I've got a feeling  Grin
Atrides
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December 12, 2014, 08:27:25 AM
Last edit: December 18, 2014, 07:45:36 PM by Atrides
 #18005



This is the alpha version of MoneroClub, I'd like to post today.

www.MoneroClub.com/

It's time to bring Monero to the new level! That's why MoneroClub has been created.

Similar to LocalBitcoins for BTC, this is P2P trading platform of any currency (fiat+BTC) for Monero.

Bypassing the centralized exchanges, that should prevent the price from falling.

Perhaps, you post an advertisement as a "seller on the spot", reselling Monero and increasing the number  of the "local" members.

By expanding Monero users network in cities and regions as much as possible, all its members will have profited!

To make Monero REAL, we have to create its REAL use. Thanks to Monero's unique functions some things are going to happen next nearest time. MoneroClub is the first step to get Monero in a comfortable way.

So then briefly:
  • This is the possibility to sell a large sum of coins without dropping the price. In fact, it is much more profitable to sell for current or even higher rate, changing coins immediately for BTC or local currency.
  • The chance to determinate the fixed/flexible price or using MoneroIndex at the moment +- %.
  • Organization of a large Monero community worldwide (many cities, many locations)

If you are a monero miner, an investor or just a fan and interested in monero's growth, create an account on MoneroClub to support and let our community grow!

There are a lot of attractive ideas, the work is being actively curried out.

MoneroIndex

In MoneroClub you also find a price index MoneroIndex. This is the average actual price from all exchanges.

API JSON with all currencies: https://www.moneroclub.com/api/moneroindex/

As a text for only one currency:
    https://www.moneroclub.com/api/moneroindex/btc/
    https://www.moneroclub.com/api/moneroindex/usd/
    https://www.moneroclub.com/api/moneroindex/eur/

Pair BTC/USD taken from Winkdex.com Currency pairs taken from European Central Bank

Monero Daemon Node

As an experiment the nodes will be created for those, who do not want to keep the whole blockchain, but only want to run a lightweight client.
Just connect the wallet to the monero daemon as before:
Code:
node.moneroclub.com:8880

Security

Emails are the last century, outmoded and unsafe, spying from one and all. Here is no emails, registration and the whole support occur through bitmessage
Code:
BM-NC6dJzuM7hjfyy8DN6WQQ33cdYXbu3XB

By registration you get a pincode (once!). Mark it well! It won't be saved in our data base, we do not know it. So, if you lost the password, you can restore it only with a pincode manual through bitmessage support.

Status

This is the Alpha-version of the project. It will be advanced and improved greatly.

Follow us on Twitter

I'm looking forward to your feedback, may be someone likes to help with marketing, support..
Comments and suggestions are welcome


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MoneroClub - free P2P Exchange Platform www.MoneroClub.com
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December 12, 2014, 08:56:49 AM
 #18006



This is the alpha version of MoneroClub, I'd like to post today. May be you have some comments?

www.MoneroClub.com/

It's time to bring Monero to the new level! That's why MoneroClub has been created.

....

This is the Alpha-version of the project. It will be advanced and improved greatly. Any suggestions are welcome

Follow us on Twitter, MoneroClub will be advanced and improved greatly

I'm looking forward to your feedback, may be someone likes to help with developing, marketing, support..



Very nice a I joined the club and followed on twitter.
The twitter account has to be pimpted for more attraction but it is a start.
succes!

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December 12, 2014, 09:09:55 AM
 #18007

www.MoneroClub.com/

Similar to LocalBitcoins for BTC, this is P2P trading platform of any currency (fiat+BTC) for Monero.

Well done sir!

Shrikez
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December 12, 2014, 09:20:17 AM
 #18008



This is the alpha version of MoneroClub, I'd like to post today.

www.MoneroClub.com/



Very nice, thank you!

My first suggestion: Please allow editing of the offers. Smiley


Die Würde des Menschen ist unantastbar
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December 12, 2014, 09:28:15 AM
 #18009

Very nice, thank you!

My first suggestion: Please allow editing of the offers. Smiley



will be done today

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December 12, 2014, 09:36:59 AM
 #18010

www.MoneroClub.com/

Similar to LocalBitcoins for BTC, this is P2P trading platform of any currency (fiat+BTC) for Monero.

Well done sir!



It shows that XMR goes the right direction: expand the ecosystem (XMR economy) instead of focusing solely on wallet development (product development). This service inspires me a lot.
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December 12, 2014, 09:43:35 AM
 #18011

Like, will get joined up.

Good luck with your new project.


Phil

hat an idiot W
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December 12, 2014, 09:51:18 AM
 #18012

Atrides tweet something so that we can all retweet!

So node.moneroclub.com:8880 means that one can only use simplewallet! Though it also means that we have to trust the node, right? I just tried it and it works fine Smiley I havent send XMR in the wallet though.
 
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December 12, 2014, 10:56:14 AM
 #18013

Atrides tweet something so that we can all retweet!

So node.moneroclub.com:8880 means that one can only use simplewallet! Though it also means that we have to trust the node, right? I just tried it and it works fine Smiley I havent send XMR in the wallet though.
 

I thought I'd write up the compromises for both MyMonero and a remote open daemon -

Compromises for both MyMonero and running simplewallet connected to an open daemon:

- You have to trust that both aren't feeding you bad blocks / skipping blocks / withholding blocks
- You have to trust that both aren't logging your sent tx's against your IP address
- You have to trust that both are keeping their daemon up-to-date so that tx's are valid and are actually rebroadcast

Compromises specific to to MyMonero:

- You have to trust we won't reveal your view key

Compromises specific to connecting to open daemons:

- You'll be pulling full blocks down from quite low on the blockchain during a restore (ie. basically downloading the full blockchain)
- You've got to do that from scratch if you have a messed up wallet cache or a dead tx in the mempool
- Once a block is scanned for a tx it is discarded by simplewallet, so you can't "cache" those blocks and run a second wallet on your machine - every additional wallet will pull the same data in all over again

So basically using a remote daemon has a massive bandwidth impact (compared to a web wallet) and thus isn't appropriate for mobile devices. However, you have the advantage of not having to give up your view key. A possible middle ground, of sorts, for "full" devices would be to run your own remote daemon. This should help you make a more informed choice:)

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December 12, 2014, 10:57:20 AM
 #18014

MoneroClub is awesome, and it looks like the light wallet is closer than I thought, this coin is cool

We've had remote daemon support from the beginning (the daemon and wallet are separated in the CryptoNote reference code already), but it's not light at all - it still downloads the full blockchain and does full verification and viewkey scans on received blocks/tx's.

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December 12, 2014, 11:14:30 AM
 #18015

Compromises for both MyMonero and running simplewallet connected to an open daemon:

- You have to trust that both aren't feeding you bad blocks / skipping blocks / withholding blocks
- You have to trust that both aren't logging your sent tx's against your IP address
- You have to trust that both are keeping their daemon up-to-date so that tx's are valid and are actually rebroadcast

I'd add you have to trust that both aren't logging your mixes. I guess given that simplewallet at least caches the blockchain it could come up with its own mixes and not rely on a remote daemon for them, but currently that is not the case.

Quote
Compromises specific to connecting to open daemons:

- You'll be pulling full blocks down from quite low on the blockchain during a restore (ie. basically downloading the full blockchain)
- You've got to do that from scratch if you have a messed up wallet cache or a dead tx in the mempool
- Once a block is scanned for a tx it is discarded by simplewallet, so you can't "cache" those blocks and run a second wallet on your machine - every additional wallet will pull the same data in all over again

Also no encryption currently exists with a remote daemon. So your interaction is exposed to network-level snooping (especially on WiFi, but its always possible).

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December 12, 2014, 11:33:21 AM
 #18016

Atrides tweet something so that we can all retweet!

So node.moneroclub.com:8880 means that one can only use simplewallet! Though it also means that we have to trust the node, right? I just tried it and it works fine Smiley I havent send XMR in the wallet though.
 


Yes, "node" is just a tool for those, who constantly had problems with deamon.

You can use MyMonero, or only Simplewallet with Moneroclub-Node, or install both Wallet and Daemon.

Currently node has only one daemon-node, in beta-test. Getting of blocks works and sending of transactions as well.
Similar to mymonero with just using common wallet.

Additional nodes will be added soon on other dedicated servers for failover.

Regarding security - I added Moneroclub node to ForkGuard.

In addition, node doesn't known your private keys, so that is impossible to do something with your balances.
Your simplewallet sends already signed transactions.

Other thoughts already written by fluffypony and smooth

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December 12, 2014, 11:40:44 AM
Last edit: December 12, 2014, 12:17:12 PM by smooth
 #18017

Atrides tweet something so that we can all retweet!

So node.moneroclub.com:8880 means that one can only use simplewallet! Though it also means that we have to trust the node, right? I just tried it and it works fine Smiley I havent send XMR in the wallet though.

To be clear, you don't need to trust that the node won't steal your coins. It can't do that. Nor can anyone snooping your connection. EDIT: credit to Atrides who already explained this in the previous message, which I hadn't seen.

The node could theoretically take part in some kind of elaborate ruse, feeding you fake blocks to trick you into thinking you received coins when you really didn't, allowing a double spend against you, but barring such exotic attacks, the risks are limited to some loss of privacy.
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December 12, 2014, 12:21:24 PM
 #18018

@Atrides,
A couple of odd elements I just noticed trying out the platform:
 - there's no edit/cancel feature yet for one's existing offers.
 - the % relative to MoneroIndex is always positive, ignoring if the offer is a sell or a buy.

I created a couple of test entries, but I want to edit them, not interested in going broke just yet  Wink
All in all, great initiative. It's all baby steps forward as they say.

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December 12, 2014, 12:31:38 PM
 #18019

@Atrides,
A couple of odd elements I just noticed trying out the platform:
 - there's no edit/cancel feature yet for one's existing offers.
 - the % relative to MoneroIndex is always positive, ignoring if the offer is a sell or a buy.

I created a couple of test entries, but I want to edit them, not interested in going broke just yet  Wink
All in all, great initiative. It's all baby steps forward as they say.

for negative % you use - Wink
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December 12, 2014, 12:40:09 PM
 #18020

I'd add you have to trust that both aren't logging your mixes. I guess given that simplewallet at least caches the blockchain it could come up with its own mixes and not rely on a remote daemon for them, but currently that is not the case.

I'm intuiting here, but I suspect that a malicious open node to which you connect to all the time can build up a history of outputs from your broadcast tx's, and couple that with a determination of your "true" signature on inputs, to effectively deduce as much information as knowing your view key would reveal. The only useful advantage then would be that you can stop using a remote daemon and it won't know your transactions in perpetuity.

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