[XMR] Monero - A secure, private, untraceable cryptocurrency

[owlcatz]

Hi there. This is just to announce our very new monero mining pool: https://tspool.zapto.org/
Please join if you want to help us decentralize monero mining hash power.
Thank you -- tspool

I think you have something misconfigured. Your page shows the network hash rate as double the reality -

 Hash Rate: 68.55 MH/sec

Thanks.

[tspool]

I think you have something misconfigured. Your page shows the network hash rate as double the reality -

 Hash Rate: 68.55 MH/sec

Thanks.

Good catch! That was fixed. Thank you very much.

[MasterMined710]

I hate to say it but I think monero may actually be better than zcash but I still have a few questions. My problem is with the zcash trusted setup, but back to that later.

First a question about monero. So monero has a invisible blockchain as do all cryptonote coins. But what if Alice sends bob $100 in monero and bob claims he never got it?
Since xmr does not have a transparent blockchain (btc, etc) to publicly audit I guess Alice would send bob the wallet viewkey right? What if a 3rd party (ebay, etc) needed to review the dispute, Alice would just send them the viewkey too, right?
What if bob or the 3rd party published the viewkey on the internet, Wouldn't everyone be able to see the transaction and wouldn't everyone be able to see all the wallet addresses or transactions? Thanks

If so, is the same true of zcash?

[saddambitcoin]

I hate to say it but I think monero may actually be better than zcash but I still have a few questions. My problem is with the zcash trusted setup, but back to that later.

First a question about monero. So monero has a invisible blockchain as do all cryptonote coins. But what if Alice sends bob $100 in monero and bob claims he never got it?
Since xmr does not have a transparent blockchain (btc, etc) to publicly audit I guess Alice would send bob the wallet viewkey right? What if a 3rd party (ebay, etc) needed to review the dispute, Alice would just send them the viewkey too, right?
What if bob or the 3rd party published the viewkey on the internet, Wouldn't everyone be able to see the transaction and wouldn't everyone be able to see all the wallet addresses or transactions? Thanks

If so, is the same true of zcash?

There is a viewkey for your wallet and individual viewkeys for each transaction.

If Alice sends Bob 100 XMR and Bob says he never got it, Alice can prove it using the transaction id, the transaction viewkey, and the public XMR address of Bob.

Here is a tool to do so:
http://xmr.llcoins.net/checktx.html

(somebody correct me if i am wrong)

[dEBRUYNE]

I hate to say it but I think monero may actually be better than zcash but I still have a few questions. My problem is with the zcash trusted setup, but back to that later.

First a question about monero. So monero has a invisible blockchain as do all cryptonote coins. But what if Alice sends bob $100 in monero and bob claims he never got it?
Since xmr does not have a transparent blockchain (btc, etc) to publicly audit I guess Alice would send bob the wallet viewkey right? What if a 3rd party (ebay, etc) needed to review the dispute, Alice would just send them the viewkey too, right?
What if bob or the 3rd party published the viewkey on the internet, Wouldn't everyone be able to see the transaction and wouldn't everyone be able to see all the wallet addresses or transactions? Thanks

If so, is the same true of zcash?

There is a viewkey for your wallet and individual viewkeys for each transaction.

If Alice sends Bob 100 XMR and Bob says he never got it, Alice can prove it using the transaction id, the transaction viewkey, and the public XMR address of Bob.

Here is a tool to do so:
http://xmr.llcoins.net/checktx.html

(somebody correct me if i am wrong)

No this is correct. The "individual view keys" you mentioned are called private tx keys in Monero. @MasterMined710, some more information can be found here:

How do I prove that a payment has been sent to a particular address?

https://monero.stackexchange.com/questions/1860/how-do-i-prove-that-a-payment-has-been-sent-to-a-particular-address

How to prove my Monero balance to a world?

https://monero.stackexchange.com/questions/1283/how-to-prove-my-monero-balance-to-a-world

P.S. There is a wealth of information on StackExchange.

[MasterMined710]

I hate to say it but I think monero may actually be better than zcash but I still have a few questions. My problem is with the zcash trusted setup, but back to that later.

First a question about monero. So monero has a invisible blockchain as do all cryptonote coins. But what if Alice sends bob $100 in monero and bob claims he never got it?
Since xmr does not have a transparent blockchain (btc, etc) to publicly audit I guess Alice would send bob the wallet viewkey right? What if a 3rd party (ebay, etc) needed to review the dispute, Alice would just send them the viewkey too, right?
What if bob or the 3rd party published the viewkey on the internet, Wouldn't everyone be able to see the transaction and wouldn't everyone be able to see all the wallet addresses or transactions? Thanks

If so, is the same true of zcash?

There is a viewkey for your wallet and individual viewkeys for each transaction.

If Alice sends Bob 100 XMR and Bob says he never got it, Alice can prove it using the transaction id, the transaction viewkey, and the public XMR address of Bob.

Here is a tool to do so:
http://xmr.llcoins.net/checktx.html

(somebody correct me if i am wrong)

No this is correct. The "individual view keys" you mentioned are called private tx keys in Monero. @MasterMined710, some more information can be found here:

How do I prove that a payment has been sent to a particular address?

https://monero.stackexchange.com/questions/1860/how-do-i-prove-that-a-payment-has-been-sent-to-a-particular-address

How to prove my Monero balance to a world?

https://monero.stackexchange.com/questions/1283/how-to-prove-my-monero-balance-to-a-world

P.S. There is a wealth of information on StackExchange.

Thanks guys, that's better than i thought it was.

"It doesn't prove you sent the amount, but it does prove that amount was sent (and received). – Luigi Oct 3 at 18:46"

So i guess it doesn't show the address it came from just that the amount was sent from someone to the address? The easy solution would be to generate a new address for each transaction.

Not as easy as having a public blockchain anyone could quickly verify but a good solution nonetheless.

I'll ask my other questions when i have more time. Thanks again.

[antigalo]

price getting down, I hope price higher

[DimiZb]

price getting down, I hope price higher

Almost every coin goes down when bitcoin goes up, xmr is same. Don't worry, you see eth, fct, are down more

[thsminer]

For the traders amongst us... It looks as if the receiver of Cryptsy is liquidating the asset. Aurora got a Crytsy wallet dumped the day before yesterday and Bittrex confirmed it to be a legal entity. After that I noticed several coins suffering high losses. So you can put some large orders at rediculous low prices and maybe they are executed.

This is the list of coins, Monero is not on the list but maybe there are some others that you hold.
http://cryptsyreceivership.com/v1/wp-content/uploads/2016/06/Receivers-Motion-for-Authorizing-to-Liquidate-Certain-Cryptocurrencies-Secured-by-the-Receiver.pdf

Besides this I highly doubt the legal grounds of this liquidation... these funds were not Crytsy's

[jujugoboom]

For the traders amongst us... It looks as if the receiver of Cryptsy is liquidating the asset. Aurora got a Crytsy wallet dumped the day before yesterday and Bittrex confirmed it to be a legal entity. After that I noticed several coins suffering high losses. So you can put some large orders at rediculous low prices and maybe they are executed.

This is the list of coins, Monero is not on the list but maybe there are some others that you hold.
http://cryptsyreceivership.com/v1/wp-content/uploads/2016/06/Receivers-Motion-for-Authorizing-to-Liquidate-Certain-Cryptocurrencies-Secured-by-the-Receiver.pdf

Besides this I highly doubt the legal grounds of this liquidation... these funds were not Crytsy's

Bittrex didn't verify the wallet was crypty's? It is a shame, people got dumped by scammer paul vernon in 2016.

[thsminer]

For the traders amongst us... It looks as if the receiver of Cryptsy is liquidating the asset. Aurora got a Crytsy wallet dumped the day before yesterday and Bittrex confirmed it to be a legal entity. After that I noticed several coins suffering high losses. So you can put some large orders at rediculous low prices and maybe they are executed.

This is the list of coins, Monero is not on the list but maybe there are some others that you hold.
http://cryptsyreceivership.com/v1/wp-content/uploads/2016/06/Receivers-Motion-for-Authorizing-to-Liquidate-Certain-Cryptocurrencies-Secured-by-the-Receiver.pdf

Besides this I highly doubt the legal grounds of this liquidation... these funds were not Crytsy's

Bittrex didn't verify the wallet was crypty's? It is a shame, people got dumped by scammer paul vernon in 2016.

Bittrex did stop trading in the case of Aurora, but later stated that the the identity of the trader was confirmed. So if it had been Paul Vernon Bittrex never allowed trading.

[starmman]

For the traders amongst us... It looks as if the receiver of Cryptsy is liquidating the asset. Aurora got a Crytsy wallet dumped the day before yesterday and Bittrex confirmed it to be a legal entity. After that I noticed several coins suffering high losses. So you can put some large orders at rediculous low prices and maybe they are executed.

This is the list of coins, Monero is not on the list but maybe there are some others that you hold.
http://cryptsyreceivership.com/v1/wp-content/uploads/2016/06/Receivers-Motion-for-Authorizing-to-Liquidate-Certain-Cryptocurrencies-Secured-by-the-Receiver.pdf

Besides this I highly doubt the legal grounds of this liquidation... these funds were not Crytsy's

Thanks for the information a huge amount of very cheap IXC just came onto the market - this could very well explain why.

[starmman]

For the traders amongst us... It looks as if the receiver of Cryptsy is liquidating the asset. Aurora got a Crytsy wallet dumped the day before yesterday and Bittrex confirmed it to be a legal entity. After that I noticed several coins suffering high losses. So you can put some large orders at rediculous low prices and maybe they are executed.

This is the list of coins, Monero is not on the list but maybe there are some others that you hold.
http://cryptsyreceivership.com/v1/wp-content/uploads/2016/06/Receivers-Motion-for-Authorizing-to-Liquidate-Certain-Cryptocurrencies-Secured-by-the-Receiver.pdf

Besides this I highly doubt the legal grounds of this liquidation... these funds were not Crytsy's

Bittrex didn't verify the wallet was crypty's? It is a shame, people got dumped by scammer paul vernon in 2016.

Bittrex did stop trading in the case of Aurora, but later stated that the the identity of the trader was confirmed. So if it had been Paul Vernon Bittrex never allowed trading.

Good to hear that Bittrex are keeping an eye out for BigVern, I've been seeing his name on quite a few threads recently =)

[wachtwoord]

I tried to upgrade to version 0.10 from 0.9.4 and it's telling me my database is incompatible and I need to recync? Do I need to download the whole blockchain again? What did you do in version 0.10? :/

[owlcatz]

I tried to upgrade to version 0.10 from 0.9.4 and it's telling me my database is incompatible and I need to recync? Do I need to download the whole blockchain again? What did you do in version 0.10? :/

Yes, you should download / resync the chain. It's a lot faster now, but will still take quite a while if not on an ssd drive.  Thanks.

[wachtwoord]

I tried to upgrade to version 0.10 from 0.9.4 and it's telling me my database is incompatible and I need to recync? Do I need to download the whole blockchain again? What did you do in version 0.10? :/

Yes, you should download / resync the chain. It's a lot faster now, but will still take quite a while if not on an ssd drive.  Thanks.

Ok thanks. I'll postpone the update for quite a bit then

[dEBRUYNE]

I tried to upgrade to version 0.10 from 0.9.4 and it's telling me my database is incompatible and I need to recync? Do I need to download the whole blockchain again? What did you do in version 0.10? :/

Yes, you should download / resync the chain. It's a lot faster now, but will still take quite a while if not on an ssd drive.  Thanks.

Ok thanks. I'll postpone the update for quite a bit then

To add, the resync (or migration) is needed due to the significant performance improvements and reduction of the blockchain size.

[Frogman]

I transfered hours ago and i still haven't received funds yet 

[Hueristic]

I tried to upgrade to version 0.10 from 0.9.4 and it's telling me my database is incompatible and I need to recync? Do I need to download the whole blockchain again? What did you do in version 0.10? :/

Yes, you should download / resync the chain. It's a lot faster now, but will still take quite a while if not on an ssd drive.  Thanks.

Sounds like we need a blockchain convert tool, redownloading is hack.

[dEBRUYNE]

I transfered hours ago and i still haven't received funds yet 

Could you give a bit more details on what exactly happened?