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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667272 times)
umunkun
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June 03, 2016, 11:21:06 AM
 #30741

IMO, Monero and Eth are completely different. There is nothing identical to match and compare these two coins. Let both coins live on their own strategies.
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June 03, 2016, 11:24:24 AM
 #30742

It's overvalued crap and a pre-mine scam. It's as valuable as XRP, namely zero.

But Ripple had a market cap of $850 million. The markets can't be wrong, right?

FWIW, I'm not really as negative about Ethereum as many people, but the annoying Eth supporters who show up convinced their coin is going to "take BTC crown" are at least as annoying as the Ripple supporters were back then. The story, by the way, is much the same. Corporate support that Bitcoin will never have, etc., etc.

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June 03, 2016, 09:55:30 PM
 #30743

It's overvalued crap and a pre-mine scam. It's as valuable as XRP, namely zero.

But Ripple had a market cap of $850 million. The markets can't be wrong, right?

FWIW, I'm not really as negative about Ethereum as many people, but the annoying Eth supporters who show up convinced their coin is going to "take BTC crown" are at least as annoying as the Ripple supporters were back then. The story, by the way, is much the same. Corporate support that Bitcoin will never have, etc., etc.

Markets may be wrong longer than you remain solvent and only tend towards (or at best oscillate around) rational state space given sufficient time.

That's because perfect markets only exist in theory, whereas the real world is constrained by lossy compression artifacts due to reification/communication byproducts of misinformation.

Like BTC, I see ETH as an excellent complement to XMR.

Since ETH won't provide privacy/unlinkability/untraceability at the protocol level, there is a perfect fit role for XMR as the anonymous on/off ramp into and out of ETH smart contracts.

In the syllogism BTC:XMR::salt:pepper, ETH is sweet, irreplaceable Sriracha.   Cool


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
Hueristic
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June 03, 2016, 10:21:23 PM
 #30744

It's overvalued crap and a pre-mine scam. It's as valuable as XRP, namely zero.

But Ripple had a market cap of $850 million. The markets can't be wrong, right?

FWIW, I'm not really as negative about Ethereum as many people, but the annoying Eth supporters who show up convinced their coin is going to "take BTC crown" are at least as annoying as the Ripple supporters were back then. The story, by the way, is much the same. Corporate support that Bitcoin will never have, etc., etc.

Markets may be wrong longer than you remain solvent and only tend towards (or at best oscillate around) rational state space given sufficient time.

That's because perfect markets only exist in theory, whereas the real world is constrained by lossy compression artifacts due to reification/communication byproducts of misinformation.

Like BTC, I see ETH as an excellent complement to XMR.

Since ETH won't provide privacy/unlinkability/untraceability at the protocol level, there is a perfect fit role for XMR as the anonymous on/off ramp into and out of ETH smart contracts.

In the syllogism BTC:XMR::salt:pepper, ETH is sweet, irreplaceable Sriracha.   Cool

Well said. Yeah pre-mine coin market caps are all untrustworthy to the point of reliability.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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June 05, 2016, 09:48:45 AM
 #30745

Crosspost:


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
dEBRUYNE
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June 05, 2016, 03:35:55 PM
 #30746

Eigth dev meeting in approximately 40 minutes (16:00 UTC). Dev meeting will be held at #monero-dev on freenode.


https://www.timeanddate.com/worldclock/converted.html?iso=20160605T16&p1=0&p2=56&p3=37&p4=102&p5=240&p6=136&p7=179&p8=137&p9=70&p10=28



Kovri (I2P) dev meeting in approximately 90 minutes (17:00 UTC). Dev meeting can be followed at #monero-dev on freenode.

https://www.timeanddate.com/worldclock/converted.html?iso=20160605T17&p1=0&p2=56&p3=37&p4=102&p5=240&p6=136&p7=179&p8=137&p9=70&p10=28

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
dEBRUYNE
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June 05, 2016, 09:01:44 PM
 #30747

Crosspost:


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
dEBRUYNE
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June 05, 2016, 11:30:16 PM
 #30748

MAAM #19 Monero Ask Anything Monday

https://www.reddit.com/r/Monero/comments/4mq0ys/maam_19_monero_ask_anything_monday/

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
dEBRUYNE
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June 06, 2016, 11:43:31 PM
 #30749

Overview and logs for the dev meeting held on 2016-06-05

https://getmonero.org/2016/06/05/overview-and-logs-for-the-dev-meeting-held-on-2016-06-05.html



Logs for the Kovri (I2P) Dev Meeting Held on 2016-06-05

https://getmonero.org/2016/06/05/logs-for-the-kovri-dev-meeting-held-on-2016-06-05.html

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
phishead
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June 07, 2016, 12:04:47 AM
 #30750

I'm trying to follow this, and when I'm trying to add the rule to get torsocks to work I get this:

Code:
floam412@floam412-ASUS:~$ sudo iptables -I OUTPUT 2 -p tcp -d 127.0.0.1 -m tcp --dport 18081 -j ACCEPT
[sudo] password for floam412:
iptables: Index of insertion too big.

Also, when I try the command anyways to use tor I just get a ">" below the command with no text... I'm just assuming that it's not connecting, but just wanted to make sure.
saddambitcoin
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June 07, 2016, 12:28:13 AM
 #30751

I'm trying to follow this, and when I'm trying to add the rule to get torsocks to work I get this:

Code:
floam412@floam412-ASUS:~$ sudo iptables -I OUTPUT 2 -p tcp -d 127.0.0.1 -m tcp --dport 18081 -j ACCEPT
[sudo] password for floam412:
iptables: Index of insertion too big.

Also, when I try the command anyways to use tor I just get a ">" below the command with no text... I'm just assuming that it's not connecting, but just wanted to make sure.

try instead sudo iptables -I OUTPUT 1 instead of 2

also

> below the command with no text sounds like you have an unclosed quote in the command somewhere...is it possible?

phishead
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June 07, 2016, 01:37:14 AM
 #30752

I'm trying to follow this, and when I'm trying to add the rule to get torsocks to work I get this:

Code:
floam412@floam412-ASUS:~$ sudo iptables -I OUTPUT 2 -p tcp -d 127.0.0.1 -m tcp --dport 18081 -j ACCEPT
[sudo] password for floam412:
iptables: Index of insertion too big.

Also, when I try the command anyways to use tor I just get a ">" below the command with no text... I'm just assuming that it's not connecting, but just wanted to make sure.

try instead sudo iptables -I OUTPUT 1 instead of 2

also

> below the command with no text sounds like you have an unclosed quote in the command somewhere...is it possible?

So I tried that and after I entered my password it just went back to the start without saying anything... Idk what that is supposed to mean.

But I went ahead and tried the command again and I added the extra quotation mark at the end and it gave me this:

Code:
floam412@floam412-ASUS:~$ alias moneronode='DNS_PUBLIC=tcp TORSOCKS_ALLOW_INBOUND=1 rlwrap -f ~/.bitmonero/monerocommands_simplewallet.txt /opt/bitmonero/bitmonerod --p2p-bind-ip 127.0.0.1 --data-dir /home/floam412/bitmonero/build/release/bin/bitmonerod
> alias moneronode='DNS_PUBLIC=tcp TORSOCKS_ALLOW_INBOUND=1 rlwrap -f ~/.bitmonero/monerocommands_simplewallet.txt /opt/bitmonero/bitmonerod --p2p-bind-ip 127.0.0.1 --data-dir /home/floam412/bitmonero/build/release/bin/bitmonerod’
bash: alias: rlwrap: not found
bash: alias: -f: not found
bash: alias: /home/floam412/.bitmonero/monerocommands_simplewallet.txt: not found
bash: alias: /opt/bitmonero/bitmonerod: not found
bash: alias: --p2p-bind-ip: not found
bash: alias: 127.0.0.1: not found
bash: alias: --data-dir: not found
bash: alias: /home/floam412/bitmonero/build/release/bin/bitmonerod’: not found

Did I just direct it in the wrong format or something?  Mind you, I used the prebuilt binaries, that's why it's in the weird /bitmonero/build/release/blahblahblah/...
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June 07, 2016, 02:15:24 AM
 #30753

The command is being appended to your first one without a closing quotation, it looks like.

For example, here i am adding the bitmonero alias and I forgot the end quote:

Code:
$ alias bitmonero='cd ~/bitmonero/build/release/bin...
>' <== just need to add the closing quote

This is just adding the alias so that you can enter bitmonero or 'moneronode' in your case to run the command in the future.

You could also open up ~/.bashrc in a text editor and edit the command that way.

Juantzy
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June 07, 2016, 03:10:55 AM
 #30754

For a long time,there has been no furture development for XMR.

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June 07, 2016, 03:37:34 AM
 #30755

For a long time,there has been no furture development for XMR.
What is it with you FUDers? You obviously hadn't performed any research at all before you posted your comment. Even on this page there are links to dev meeting logs that took place this week, not to mention the previous pages which also have plenty of progress updates. And anyone can check the github commits https://github.com/monero-project/bitmonero to see the progress. At the time of this posting, the last commit was 4 days ago. Your comment is completely and totally baseless.

</rant>Sorry folks. I know I shouldn't feed the trolls. The blatant falseness of it got to me.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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June 07, 2016, 03:45:00 AM
 #30756

...

</rant>Sorry folks. I know I shouldn't feed the trolls. The blatant falseness of it got to me.

Sig spammer. Look at post history, a long period of inactivity followed by a bunch of trite comments presumably around the time he registered in his latest signature campaign, then one of newest comments about getting paid for signature campaign.
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June 07, 2016, 04:03:22 AM
 #30757

Sig spammer. Look at post history, a long period of inactivity followed by a bunch of trite comments presumably around the time he registered in his latest signature campaign, then one of newest comments about getting paid for signature campaign.
Ah. That's all I'll say about that Smiley

Anyway, thanks to the devs and frequent supporters for all of your hard work. There were a lot of good questions and answers in the last Monero Ask Anything Mondays and in the dev meeting notes. You guys are on the ball.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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June 07, 2016, 11:31:08 PM
 #30758

Crosspost:

Some backstory:
About 14 months ago, some acquaintances and I decided to make some pure gold physical XMR coins. I led the effort, and 9 others agreed to "pre-order" 1 each (10 total), which would cover most of the upfront costs. Depending on how things went, the plan was to offer an additional 5-10 (max 20 total) for public sales. Long story short, after many hardships and delays, all coins are in their owners hands and fully funded with 1,000 XMR, save one: a few months ago one of the guys backed out. Due to a variety of factors, I've decided not to make any more of this 2015 series (there may be something new for 2016/2017 in gold and/or platinum though!). This coin (#10) is all there will be for public sales of this series. All coins are vanity-generated to start with "4Au1", "4Au2", etc.

The buyers of coins 1-9 are:

1. luigi1111
2. fluffypony
3. dnaleor
4. binaryFate
5. Lloydimiller4
6. djjacket
7. wpalczynski
8. othe
9. saddambitcoin


This is a "buyer funded" coin, but the funding transaction must be created to my technical specifications. By doing this I can ship the coin unfunded to its final destination and store no private keys, yet still have its funding/spent status provable to a 3rd party. A certificate with all the details necessary to prove funding status is included.

This coin's address is (0/zero doesn't exist in base58):
Quote
4Au1oNBDiYCXRjvYUyPCmyWm5mshnZv1cWa6NSK8dxY9LMDT6ZNm4DnYWomuAS3NisZP1YGaYNuGr84KM4fB L9bHMdHT27r

Some pictures:




The coin is quite small, and the text, especially on the obverse didn't turn out as sharp as I wanted, both in pictures and on the coin itself. The date also has an error; it's slightly off its intended location (all 10 coins are like this).


Q&A

Who are you? Why should I trust you?
You shouldn't. The other buyers will vouch for me, however, you should still DYOR.

Do you accept escrow?
Sure, though it's safer to stay away altogether as only roughly 60-70% of the final value can be ensured by escrow.

What is the gold content?
1oz 0.9999 purity

What does it say? I can't read the text.
The obverse says "nenia libereco sen privateco", which is Esperanto for "no freedom without privacy". The reverse says "forto en nombroj", "strength in numbers", and "unu unco .9999 oro", "one ounce .9999 gold".

How does funding work?
The exact final details will be worked out with the buyer. The funding transaction must be constructed in a particular way to match the details at http://au10.llcoins.net/. 1,000 XMR for funding must be in escrow before the coin ships.

How does the coin store Monero?
There is a hexadecimal seed on a piece of paper under the hologram. The digital form was never saved to any disk; the only other paper copy was destroyed after the coins were assembled. To redeem, peel the hologram and enter the seed into the provided conversion utility on the coin's page: http://au10.llcoins.net/. The format of the seed is standard for Monero private keys, not proprietary, so any number of tools could offer conversion if the site were to go offline.

How is this being sold?
By auction, starting now and ending next Friday the 17th at 20:00 UTC (4PM EDT). Bids should be in XMR in minimum increments of 25 (1,000 funding amount not included). A 15-minute grace period applies at the end. I reserve the right to refuse your bid, cancel/move/extend/change the auction, etc.

https://bitcointalk.org/index.php?topic=1502918.msg15120071#msg15120071



just want to vouch for luigi here Smiley

Received my coin in excellent condition. Here are some pics (click to enlarge):


https://bitcointalk.org/index.php?topic=1502918.msg15120091#msg15120091

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
XMRpromotions
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June 08, 2016, 12:32:55 AM
 #30759


If you read the Kovri logs and are able, I would greatly appreciate some help. This Kovri effort is important. Please respond on forum.getmonero.org I am spending less time on Bitcointalk now and want to encourage more activity in the Monero forums which remain underutilized.

https://forum.getmonero.org/6/ideas/2553/request-for-assistance-with-kovri-gnu-social

Don't buy Monero: https://twitter.com/MoneroPromotion/status/746006420508729344

XMR: 43hPTYyKarCTWyh4ZnMVn8AtFeEmtzTXo3Y6TGGMV26BWonJ4tpR7eP9RkUDYQbvg6LbrnMXWfghddE NGtvKxr7B5oML4qd
dEBRUYNE
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June 08, 2016, 01:52:43 PM
 #30760

Riccardo "Fluffypony" Spagni will speak at the Bitcoin meetup in Johannesburg upcoming Tuesday (June 14):

http://www.meetup.com/The-Johannesburg-Bitcoin-Company/events/231740417/

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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