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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4548637 times)
e-coinomist
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December 12, 2014, 12:44:33 PM
 #18021

The Monero Research Lab is working through the academic and research portion of this. There's literally no point in implementing multisig without full ring signature support, and ...
I would seriously recommend keeping this closed source if possible when implemented. Maybe 2 versions where the paranoid can use wallets without multi-sig. The first that gets here and can keep it to themselves will be the clear winner.
closed source == dead coin
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December 12, 2014, 12:49:36 PM
Last edit: December 12, 2014, 01:30:02 PM by smooth
 #18022

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.

Knowing your true outputs is as simple as looking at the inputs to transactions you broadcast and excluding the mixins it gave you.

The difference between that and view key is the former does not reveal outputs that haven't been spent yet (nor future outputs as you said)

Some of this could be avoided by the wallet connecting to multiple nodes. If you obtain a bunch of mixins from each of several nodes (which can be cached and used later to avoid correlating the timing) and only use some of them, I don't think any of the nodes can ever be sure which are your true outputs, although I haven't analyzed that carefully. A wallet would have to be coded to work this way (simplewallet doesn't).
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December 12, 2014, 01:22:22 PM
 #18023

for negative % you use - Wink

Absolutely. Now if only I had figured that out before I created a couple of non-editable offers  Grin

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December 12, 2014, 02:26:14 PM
 #18024


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

Very nice, where you have "all currencies" please replace with "all supported currencies", this is far from a complete list. Lol Wink

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December 12, 2014, 02:30:59 PM
 #18025

...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:)

I was thinking this as I was reading your post. There should be a DIY in the OP and FAQ on how to set this up.

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December 12, 2014, 02:34:47 PM
 #18026

The Monero Research Lab is working through the academic and research portion of this. There's literally no point in implementing multisig without full ring signature support, and ...
I would seriously recommend keeping this closed source if possible when implemented. Maybe 2 versions where the paranoid can use wallets without multi-sig. The first that gets here and can keep it to themselves will be the clear winner.
closed source == dead coin

Not if there is an open source that accomplishes the same thing just with less functionality. Wink

Or as I recommended, A closed source wrapper.

Think about the ramifications. Do you have any clue how many shit coins will pop up and stuff this into their inferior code thereby diluting the waters and monero devs will have done the work and the coin will not reap the rewards.





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December 12, 2014, 02:35:41 PM
 #18027

MoneroClub is a great idea and should be an important part of the growing Monero infrastructure going forward. Thus far, I have obtained over 90% of my XMR by buying BTC from localbitcoins, transferring to Poloniex and trading for XMR. If I need some fiat for a big purchase in the future (e.g. house/business), cutting one step out in the reverse process would be excellent.  Smiley
Cheers, Q
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December 12, 2014, 02:40:06 PM
 #18028

MoneroClub is a great idea and should be an important part of the growing Monero infrastructure going forward. Thus far, I have obtained over 90% of my XMR by buying BTC from localbitcoins, transferring to Poloniex and trading for XMR. If I need some fiat for a big purchase in the future (e.g. house/business), cutting one step out in the reverse process would be excellent.  Smiley
Cheers, Q

Speaking of which, is there anyway to get on coinbase?

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December 12, 2014, 02:42:06 PM
 #18029

Hueristic dont worry. Noone is diluting anything. There were 10 other CN coins that used open source pool software that was created for Monero (+Bytecoin). Where are those coins now?

Cryptography needs to be open source. If it isnt you cant know that it really works. Serious investors know who does the job and where to invest. That shit with using closed source software on coins is being used mostly from scammers that actually dont have something legit or something at all and postpone the inevitable.
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December 12, 2014, 02:46:49 PM
 #18030

Hueristic dont worry. Noone is diluting anything. There were 10 other CN coins that used open source pool software that was created for Monero (+Bytecoin). Where are those coins now?

Cryptography needs to be open source. If it isnt you cant know that it really works. Serious investors know who does the job and where to invest. That shit with using closed source software on coins is being used mostly from scammers that actually dont have something legit or something at all and postpone the inevitable.

When retards throw 3k BTC on vaporware you should see that is the holy grail. You Don't think those scammers won't ICO a fork as soon as it's released? They are just sitting back drooling waiting to swoop in and reap the rewards of this teams hard work. MARK my words. I have a penchant for foresight.

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December 12, 2014, 02:49:03 PM
 #18031

Hueristic dont worry. Noone is diluting anything. There were 10 other CN coins that used open source pool software that was created for Monero (+Bytecoin). Where are those coins now?

Cryptography needs to be open source. If it isnt you cant know that it really works. Serious investors know who does the job and where to invest. That shit with using closed source software on coins is being used mostly from scammers that actually dont have something legit or something at all and postpone the inevitable.

When retards throw 3k BTC on vaporware you should see that is the holy grail. You Don't think those scammers won't ICO a fork as soon as it's released? They are just sitting back drooling waiting to swoop in and reap the rewards of this teams hard work. MARK my words. I have a penchant for foresight.

Do people still waste money on ICO? That is so 1-2 years ago...
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December 12, 2014, 03:02:23 PM
 #18032

Hueristic dont worry. Noone is diluting anything. There were 10 other CN coins that used open source pool software that was created for Monero (+Bytecoin). Where are those coins now?

Cryptography needs to be open source. If it isnt you cant know that it really works. Serious investors know who does the job and where to invest. That shit with using closed source software on coins is being used mostly from scammers that actually dont have something legit or something at all and postpone the inevitable.

When retards throw 3k BTC on vaporware you should see that is the holy grail. You Don't think those scammers won't ICO a fork as soon as it's released? They are just sitting back drooling waiting to swoop in and reap the rewards of this teams hard work. MARK my words. I have a penchant for foresight.

Do people still waste money on ICO? That is so 1-2 years ago...

https://bitcointalk.org/index.php?topic=857457.0

https://bitcointalk.org/index.php?topic=890221.0;topicseen

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December 12, 2014, 03:12:51 PM
 #18033

Monero guys, please add Monero as an answer to "Which recent developments do you think will have the biggest impact on the BTC landscape in 2015"

http://www.coindesk.com/state-bitcoin-2015-survey/
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December 12, 2014, 03:37:36 PM
 #18034

Monero guys, please add Monero as an answer to "Which recent developments do you think will have the biggest impact on the BTC landscape in 2015"

http://www.coindesk.com/state-bitcoin-2015-survey/

voted  Cool

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December 12, 2014, 07:23:17 PM
 #18035

тeм вpeмeнeм в Poccии зaявили нeкoтopыe дeпyтaты, чтo cтpaнe нeoбxoдимa нoвaя вaлютa взaмeн pyбля, и этo бyдeт XMR!

шyткa кoнeчнo, нo былo бы здopoвo)
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December 12, 2014, 08:04:02 PM
 #18036

тeм вpeмeнeм в Poccии зaявили нeкoтopыe дeпyтaты, чтo cтpaнe нeoбxoдимa нoвaя вaлютa взaмeн pyбля, и этo бyдeт XMR!

шyткa кoнeчнo, нo былo бы здopoвo)

In that case, you are right of course! Wink
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December 12, 2014, 09:12:15 PM
 #18037

That would be nice.  Even better if the petro-Monero replaces the petro-dollar!

Translation:

"Meanwhile, in Russia, said some MPs that the country needs a new currency to replace the ruble, and it will be XMR! joke of course, but it would be great"

тeм вpeмeнeм в Poccии зaявили нeкoтopыe дeпyтaты, чтo cтpaнe нeoбxoдимa нoвaя вaлютa взaмeн pyбля, и этo бyдeт XMR!

шyткa кoнeчнo, нo былo бы здopoвo)

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December 12, 2014, 10:14:01 PM
 #18038

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.

SSD? I am still running a magnetic hdd.

I stopped the XMR mining and got ~45 seconds.



Edit: yeah, I checked the specs - your Macbook has "all flash storage."

I will get a(n) SSD soon and report back.
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December 12, 2014, 10:33:40 PM
 #18039

Since everyone else is doing it.

2010 Macbook Pro, 8GB ram, 7200rpm HDD.

1 minute 11 seconds.


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December 12, 2014, 10:58:45 PM
 #18040

Quote
Do people still waste money on ICO? That is so 1-2 years ago...

https://bitcointalk.org/index.php?topic=857457.0

I'm pretty sure that most of these scam ICOs, if not all of them, involve the scammers running their own BTC through the ICO and ending up with both the BTC and the coin. So a disguised premine, with some extra BTC (but a much smaller unknowable amount) from idiots as a bonus.



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