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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4299245 times)
thelibertycap
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January 29, 2015, 01:26:50 PM
 #19461

32bit monero wallet i can build from sources would be awesome, i could use my old laptop with 32bit linux i have just for wallets.
can i count on using this in couple of weeks?
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January 29, 2015, 01:55:08 PM
 #19462

32bit monero wallet i can build from sources would be awesome, i could use my old laptop with 32bit linux i have just for wallets.
can i count on using this in couple of weeks?

Yeah i wanted to ask this yesterday. Thanks for reminding it to me! Can simplewallet run on 32bit linux?
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January 29, 2015, 02:30:16 PM
 #19463

32bit monero wallet i can build from sources would be awesome, i could use my old laptop with 32bit linux i have just for wallets.
can i count on using this in couple of weeks?

Yeah i wanted to ask this yesterday. Thanks for reminding it to me! Can simplewallet run on 32bit linux?

according to this
http://www.reddit.com/r/Monero/comments/2ay9lu/where_are_32bit_wallets/

from a while ago, the build script should work on 32 bit.

I would try the standard script found here first:
http://www.monero.cc/getting-started/index.html


< 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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January 29, 2015, 02:40:01 PM
 #19464

moneroblocks.eu guy: (i forget who you were, and don't feel like digging through this thread):

Do you have any other plans for moneroblocks.eu?

I think it'd be awesome if you could essentially clone all of the stuff thats provided on blockchain.info for the bitcoin network.

specifically, I think it'd be awesome to have a list of active peers. or the globe representation of that would be even awesomer. The command line always gives me just an unusable list that bleeds off of my screen and its all "last active" at some point forever ago.

I'll throw 5 xmr your way to make this happen.

I just think it'd be great to see the actual depth of the network. I know there is a boatload of hash, but how many copies of the ledger are out there?

And this should reaallly be integrated into mymonero as a tab or something. I.e., how secure are my transactions if I work with monero? Oh great, here is everything on this fancy web wallet.

even cooler if this stuff is in the GUI. God I can't wait to see that. Seriously, anybody got anything I can debug (that I can actually build? dependencies are a pain if your a guy who just broke the habit of trying to ctrl+c to copy code from terminal)

< 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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January 29, 2015, 03:03:01 PM
 #19465

Hello all I am new to XMR...what is your guys vision for this coin?
(update1: added to my blog on xmrmonero)
(update2: published on reddit, already 12 upvotes)


Welcome!

Short (and necessary incomplete) answer: true electronic cash

Long answer:
First why Monero is serious: Why Monero matters?/Prove me that Monero is not yet-another-shitcoin.

You asked about the vision, though. So, I'd say that the three pillars of Monero are privacy, decentralization and scalability.
Now what does it means?

Security
Monero is true electronic cash. With Monero, you can know that a transaction occured, but not whence, how much and whither, whilst it is getting increasingly easy to trace Bitcoin (mixer, tumbler... or not). See this illustration on how it positions compared to Bitcoin and this animation on how it works. Monero is a cryptocurrency that is based on the CryptoNote protocol and reference code, and that seeks to provide absolute transactional privacy (fluffypony).

But Monero is more than a currency. Its official slogan is "secure, private, untraceable" for a reason. Other transactions than the monetary ones benefit from it. You may not want anyone to know you signed this contract. You may not want the forthcoming blockchain-powered internet of thing cloud around you to be accessible by anyone, and this requires an opaque blockchain, that Monero provides.

We hired academic cryptographers to review and improve the security of Monero and started an external audit as well. Even Bitcoin developpers and independant cryptographers (Andrew Poelstra/andytoshi, Gregory Maxwell, Nicolas Courtois) speak high of Monero and Cryptonote.

Finally, security is a chain as strong as its weakest link. What is privacy of the transaction worth if your IP is revealed? This is why we are teaming up with Privacy Solutions to have an i2p router implemented in Monero. IP obfuscation, amount obfuscation (only 1.17262001 XMR was actually sent here), recipient obfuscation, sender obfuscation.

May I remind everyone that privacy is more than drugs and illegality? Are you ready to give everyone (EVERYONE) read access to your bank account? Would your like your ex-wife, your son, your boss, your neigbour or (particularly if you are a company) your competitor to know how much money you have, where it comes from and what you doing with it, forever (and no, multiples addresses or mixers or tumblers just don't work)? Would you like your landlord to know that you just got some money, so s/he can raise the rent? Privacy is also making it possible for journalists fighting for the freedom of press to do their jobs when there are in a dictatorial (or not-so-dictatorial) country. This is also about not being incriminated because your money was tainted (two transactions before, it went from drug dealing, for instance).Countless studies showed that people behave differently when they know they might be watched.

As tacotime (a core team member) said back in April, when Monero was only one week old, Fuck the pump and dumps, we're here to create something with value that people can use.

Decentralization
Despite being decentralised at heart, cryptocurrencies are increasingly centralised. Webwallets, exchanges, pool mining and cloud mining, centralised seedings or masternodes... All of this is susceptible to attacks (both technical or legal - remember that "legal" doesn't necessarily means "legitimate"). Whilst Monero is decentralised mixing.

By contrast, we are trying hard to keep Monero decentralised. Our domain names for the most parts are meant to be resistant to such attacks (gun.io on choosing domain names and registrars). The core team is composed of both public faces (myself and Riccardo Spagni/fluffypony) and private faces (the other core team members) located on various continents with widely different timezones, making sure that core devs are avaialble 24/7. This extends to technology too. When implementing something, we keep in mind how it will affect decentralisation. And we recently released the first Monero torrent.

The smart mining forthcoming feature will allow transparent CPU mining on your own computer, far from the de facto centralisation of mining farms and pool mining. We intend to pursue Satoshi's original vision of a true p2p currency. "Get millions of users doing that and it will drive down the value of mining to where neither botnets nor professional/industrial miners will bother, and Satoshi's original vision of a true p2p currency will be realized." (smooth).

Scalability

Monero is meant to stay. Long. This means it must be able to be adopted by anyone, that anyone can use it. Open-source is a given and smart mining participates of it too. But beyond this, we chose a currency code a.ka. ticker symbol (XMR) that adheres to the international monetary standard ISO 4217. We are doing our best to follow technological best practices. Recently, we worked with Kitware to have our Cmake tool adhere to the best practices and we will soon transition to semantic versioning (semver.org). Similarly, the block time, mixin count... are designed (and sometimes redesigned) with long-term scalability in mind.

More importantly maybe, Monero doesn't suffer from some of the inherent flaws of many orther cryptocurrencies. Monero is fair-launched and doesn't have a 1 MB blocksize which limits the ultimate amount of transaction per day. Today, it doesn't matter much, but tomorrow when Monero will be much more popular, this will be instrumental in ensuring that Monero can continue to grow - this is the whole point of scalability: it may not matter today, but it does for tomorrow when it will be so hard to change it.

The same consideration are given to the emission curve. We believe (and we are not the only ones), that relying only on transaction fees won't be enough of an incentive for miners (remember: the core of the blockchain is to rely on an economic incentive, because it is not possible to solve the Byzantine Generals' problem with math alone). This is why Monero implements a "tail emission" that will kick off once the main emission is over, in less than eight years.

Scalability is not only about technology. It also about making sure that everyone gets their side of the bargain or else it will be rejected. That's why Monero is also optionally transparent. This means that, on a completely voluntary basis, one can give read access to someone else. Quoting fluffypony on reddit: "A view key can be used to reveal all transactions for an account. This means that companies could still be audited, charities could make their accounts publicly visible, and parents could see what their kids are spending the money on. Additionally, details of a transaction can be revealed via a similar mechanism on a per-transaction basis."

This is also to increase legitimacy that the Monero Economy Workgroup (disclaimer: I am an executive of the MEW) was created (what is MEW? - join MEW). The MEW takes decision (that, granted, the core team is not bound to accept, but refusing a widely adopted decision would cause turmoil) and since the MEW is meant to represent the will of most holders, it will increase legitimacy: something decided by the MEW is something most holders are willing to do. The debate on the emission curve is a perfect example: the MEW unanimously decided to not change the emission curve, and confidence went back immediately. Consistent confidence is part of scalability.



Security, decentralization, scalability. These are the three pillars of Monero. The vision of Monero is to be future-proof and I hope this long reply answered your questions.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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January 29, 2015, 04:02:27 PM
 #19466

More projects needed.
It's the rite time to start, and that start have to be rapid.

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January 29, 2015, 04:24:54 PM
 #19467

So I'm thinking of setting up a small site to sell some goods.  I would want to integrate Monero but my question is this.  Is there an automated script or process that would adjust the value of XMR to U.S. dollars say like every 15 minutes?

I would probably need some support from the true techs here if I go with this project.   

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January 29, 2015, 04:30:02 PM
 #19468

More projects needed.
It's the rite time to start, and that start have to be rapid.

What kind of projects?

I was thinking of starting a hosting reseller dealing exclusively in monero using innohost. Truly private hosting. Can't develop a web page for crap though.

stslimited talked about colored coins in the xmr blockchain, which could be interesting - you could verify ownership of assets only if you wanted to, by providing your view key.

I still think a custom version of ubuntu with a GUI monero wallet that could be put on a 64 gig USB stick to create a monero vault for the inexperienced would be good too.

< 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 !!! @@@@
David Latapie
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January 29, 2015, 04:37:08 PM
 #19469

So I'm thinking of setting up a small site to sell some goods.  I would want to integrate Monero but my question is this.  Is there an automated script or process that would adjust the value of XMR to U.S. dollars say like every 15 minutes?

I would probably need some support from the true techs here if I go with this project.  


xmrmonero.com offers any project, product or service a page to promote itself. Drhiggins, Ginger Ale, your projects could be the next entrants.

Below the three first entrants (once a critical mass will be reached, we will change the menu):




Latest entrant is Moneroblok: https://xmrmonero.com/page/en/moneroblock

How it works:
1. Submit you project (or someone else's project) with the "contact us" link
2. If your project is accepted, a page will be created and you will be given editing right for this page only (guest editing).

You can have your content translated in as many languages as you want (go to the "translate" page and start editing - if your language is not available, contact me). You can see for instance that Moneroblocks already has a Portuguese translation (I'm still working on some minor but annoying technical issues.

Since you have full editing rights, you can update the content as often as you want and as you see fit. Eventually, some limitations regarding what can be written will have to be enforced, but for the moment, this is pretty free-form.



Do you part to make the Monero ecosystem grow!

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January 29, 2015, 05:14:10 PM
 #19470

Well thank you all.  My site would be selling firearm ammunition in the U.S.  It would have a fiat prossessing but I want to incorporate XMR maybe BTC.  Most transaction interfaces (A.K.A. Shopping Cart Software) are not going to be set up to integrate Monero but some might integrate BTC. Its a good way off to get it rolling but I have sold many things online over the years and know how to get a site up.  Gonna start playing around with it very soon.  My main thing to help Monero out, is to offer it as a payment option.  Anyway I'll ask and look at the Monero resources and people within the Monero community when the time comes.

I can't work for the Government much longer, its killing my soul. LOL
  

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January 29, 2015, 05:23:00 PM
 #19471

moneroblocks.eu guy: (i forget who you were, and don't feel like digging through this thread):


Hello Dave!

Quote
Do you have any other plans for moneroblocks.eu?

Yes. As I said initially its a little crude. I happen to share David's view. If it works put it out there. Worry about perfection later.

Most changes in the near term won't be visible.

Quote
I think it'd be awesome if you could essentially clone all of the stuff thats provided on blockchain.info for the bitcoin network.

Me too!  Grin But that could take a while.

Quote
specifically, I think it'd be awesome to have a list of active peers. or the globe representation of that would be even awesomer.

That is a nice idea. I'll put it in the todo list.

Quote
I'll throw 5 xmr your way to make this happen.

Thanks. I'll hold you to it!!!

Quote
I just think it'd be great to see the actual depth of the network. I know there is a boatload of hash, but how many copies of the ledger are out there?

And this should reaallly be integrated into mymonero as a tab or something. I.e., how secure are my transactions if I work with monero? Oh great, here is everything on this fancy web wallet.

even cooler if this stuff is in the GUI. God I can't wait to see that. Seriously, anybody got anything I can debug (that I can actually build? dependencies are a pain if your a guy who just broke the habit of trying to ctrl+c to copy code from terminal)

And now you're just ranting... lol

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January 29, 2015, 05:25:43 PM
 #19472

^^ word, well, when I get home I'll send it and PM u a payment ID

< 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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January 29, 2015, 05:35:05 PM
 #19473

^^ word, well, when I get home I'll send it and PM u a payment ID

I was thinking you'd want to escrow that. To be released on completion. Smiley

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January 29, 2015, 07:25:30 PM
 #19474

Prosecutors Trace $13.4M in Bitcoins From the Silk Road to Ulbricht’s Laptop

http://www.wired.com/2015/01/prosecutors-trace-13-4-million-bitcoins-silk-road-ulbrichts-laptop/

And: http://www1.icsi.berkeley.edu/~nweaver/ulbricht_direct.html
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January 29, 2015, 07:26:15 PM
 #19475

DRK founder replied to this issue today. Sounds like he thought about it when designing the masternodes

Anyone care to address the implications of this question? If registration of Masternodes is required, the penalties for not doing so could be significant.

The real question in my mind in the Monero vs Darkcoin debate is:

Are Darkcoin masternodes Money Transmitters under FinCEN regulations? This is significant given that a significant number of Darkcoin masternodes are under US jurisdiction.

This is far from clear from reading the FinCEN rulings http://www.fincen.gov/news_room/rp/rulings/pdf/FIN-2014-R001.pdf and http://www.fincen.gov/news_room/rp/rulings/pdf/FIN-2014-R012.pdf. The situation for Monero is on the other hand clear given the existing rulings involving Bitcoin above, since there is no masternode equivalent in Monero that a regulator can regulate.

"FinCEN understands that Bitcoin mining imposes no obligations on a Bitcoin user to send mined Bitcoin to any other person or place for the benefit of another. Instead, the user is free to use the mined virtual currency or its equivalent for the user’s own purposes, such as to purchase real or virtual goods and services for the user’s own use. To the extent that a user mines Bitcoin and uses the Bitcoin solely for the user’s own purposes and not for the benefit of another, the user is not an MSB under FinCEN’s regulations,"

Sounds very clear to me, Masternodes are not MSBs. (I'm not a lawyer, take it for what it's worth)

Thank you for your response on this!

Based on the amount of money involved, at this point do you think talking to a lawyer would be a good idea? Should the community be raising some funds for that purpose?  Perhaps if there was more clarity on the issue, more people would consider starting masternodes (assuming they are permissible under the current regulatory environment).

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January 29, 2015, 07:42:04 PM
 #19476


"FinCEN understands that Bitcoin mining imposes no obligations on a Bitcoin user to send mined Bitcoin to any other person or place for the benefit of another. Instead, the user is free to use the mined virtual currency or its equivalent for the user’s own purposes, such as to purchase real or virtual goods and services for the user’s own use. To the extent that a user mines Bitcoin and uses the Bitcoin solely for the user’s own purposes and not for the benefit of another, the user is not an MSB under FinCEN’s regulations,"

Sounds very clear to me, Masternodes are not MSBs. (I'm not a lawyer, take it for what it's worth)


"Bitcoin mining imposes no obligations on a Bitcoin user to send mined Bitcoin to any other person or place for the benefit of another."

Isn't that exactly what a Masternode does. You are taking other people's coins, mixing it up, and sending it to other people, for the benefit of other people.
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January 29, 2015, 07:48:36 PM
 #19477


"FinCEN understands that Bitcoin mining imposes no obligations on a Bitcoin user to send mined Bitcoin to any other person or place for the benefit of another. Instead, the user is free to use the mined virtual currency or its equivalent for the user’s own purposes, such as to purchase real or virtual goods and services for the user’s own use. To the extent that a user mines Bitcoin and uses the Bitcoin solely for the user’s own purposes and not for the benefit of another, the user is not an MSB under FinCEN’s regulations,"

Sounds very clear to me, Masternodes are not MSBs. (I'm not a lawyer, take it for what it's worth)


"Bitcoin mining imposes no obligations on a Bitcoin user to send mined Bitcoin to any other person or place for the benefit of another."

Isn't that exactly what a Masternode does. You are taking other people's coins, mixing it up, and sending it to other people, for the benefit of other people.

No that isn't what masternodes do. They mix up addressing information but the masternodes don't take possession of the coins.

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January 29, 2015, 07:58:22 PM
 #19478


"FinCEN understands that Bitcoin mining imposes no obligations on a Bitcoin user to send mined Bitcoin to any other person or place for the benefit of another. Instead, the user is free to use the mined virtual currency or its equivalent for the user’s own purposes, such as to purchase real or virtual goods and services for the user’s own use. To the extent that a user mines Bitcoin and uses the Bitcoin solely for the user’s own purposes and not for the benefit of another, the user is not an MSB under FinCEN’s regulations,"

Sounds very clear to me, Masternodes are not MSBs. (I'm not a lawyer, take it for what it's worth)


"Bitcoin mining imposes no obligations on a Bitcoin user to send mined Bitcoin to any other person or place for the benefit of another."

Isn't that exactly what a Masternode does. You are taking other people's coins, mixing it up, and sending it to other people, for the benefit of other people.

No that isn't what masternodes do. They mix up addressing information but the masternodes don't take possession of the coins.



Fair point.  Can I rephrase it to say that they are assisting others in sending their coins to other persons for the benefit of others?
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January 29, 2015, 08:46:21 PM
 #19479

Bitcoin users are called "Bitcoiner(s)".
Litecoin users are called "Litecoiner(s)".
etc.

How are Monero users called?

Is there already a cool name/term? Or do we need to create/find one? Obvious best via a community decision.
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January 29, 2015, 09:07:21 PM
 #19480

Bitcoin users are called "Bitcoiner(s)".
Litecoin users are called "Litecoiner(s)".
etc.

How are Monero users called?

Is there already a cool name/term? Or do we need to create/find one? Obvious best via a community decision.

Monerian.

or if there's Esperanto rules regarding this, that would pertinent. Monerita?

< 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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