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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4566531 times)
visdude
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December 25, 2016, 11:18:26 PM
Last edit: December 25, 2016, 11:39:28 PM by visdude
 #33501


Initial questions:

1. Is the wallet name shown somewhere on the GUI?
2. Is there a way to determine the corresponding mixin# for each of the privacy levels on the GUI?

I most likely have more questions but I'll wait until after I get the chance to explore it thoroughly (still in the midst of syncing). Otherwise, it's a very nice interface. Kudos to the devs/contributors.


[1] Only in the wizard as far as I know.

[2] Mixin levels are as follows:

Quote
4,5,6,7,8,9,10,11,12,13,14,15,20,25

Where 4 = low, 8 = medium, and 25 = high.

Thanks for the reply and info:

[1] It would be nice to have the current/active wallet or account name on the GUI though as most users most likely maintain more than one wallet/account. It just makes sense.

[2] Again, it would be nice to correlate each privacy level/steps with the corresponding mixin count on the GUI to eliminate guesswork and for the sake of user-friendliness.

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visdude
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December 25, 2016, 11:37:08 PM
 #33502


2 is the minimum enforced mixin, but monero-wallet-cli and monero-wallet-gui use 4 as minimum. The Monero Research Lab recommends 4, but also recommend a bump in increments (0 -> 2 -> 4). A minimum enforced mixin of 2 prevents chain reactions (with respect to traceability). in Monero that are detrimental to privacy. See:

https://lab.getmonero.org/pubs/MRL-0001.pdf

Note that Monero is cryptographically untraceable and unlinkable.

Currently, monero-wallet-cli allows 2 in contrast with the GUI's minimum of 4 (the slider cannot go below 4 or "low"). If a minimum mixin of 4 is going to be enforced moving forward for obvious reasons and eventually do away with 2, then I can understand.

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December 26, 2016, 11:11:45 AM
 #33503

Currently, monero-wallet-cli allows 2 in contrast with the GUI's minimum of 4 (the slider cannot go below 4 or "low"). If a minimum mixin of 4 is going to be enforced moving forward for obvious reasons and eventually do away with 2, then I can understand.

In the september fork, the minimum mixin will increase to 4.
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December 26, 2016, 12:30:32 PM
 #33504


2 is the minimum enforced mixin, but monero-wallet-cli and monero-wallet-gui use 4 as minimum. The Monero Research Lab recommends 4, but also recommend a bump in increments (0 -> 2 -> 4). A minimum enforced mixin of 2 prevents chain reactions (with respect to traceability). in Monero that are detrimental to privacy. See:

https://lab.getmonero.org/pubs/MRL-0001.pdf

Note that Monero is cryptographically untraceable and unlinkable.

Currently, monero-wallet-cli allows 2 in contrast with the GUI's minimum of 4 (the slider cannot go below 4 or "low"). If a minimum mixin of 4 is going to be enforced moving forward for obvious reasons and eventually do away with 2, then I can understand.



Only via RPC as far as I know. It uses 4 by default (should have said that instead of minimum).

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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December 26, 2016, 12:42:01 PM
 #33505


Initial questions:

1. Is the wallet name shown somewhere on the GUI?
2. Is there a way to determine the corresponding mixin# for each of the privacy levels on the GUI?

I most likely have more questions but I'll wait until after I get the chance to explore it thoroughly (still in the midst of syncing). Otherwise, it's a very nice interface. Kudos to the devs/contributors.


[1] Only in the wizard as far as I know.

[2] Mixin levels are as follows:

Quote
4,5,6,7,8,9,10,11,12,13,14,15,20,25

Where 4 = low, 8 = medium, and 25 = high.

Thanks for the reply and info:

[1] It would be nice to have the current/active wallet or account name on the GUI though as most users most likely maintain more than one wallet/account. It just makes sense.

[2] Again, it would be nice to correlate each privacy level/steps with the corresponding mixin count on the GUI to eliminate guesswork and for the sake of user-friendliness.



[1] Agreed, I'll open an issue for it on Github later.

[2] That may look the slider a bit too crowded. Additionally, the mixin # is already shown in the confirmation window.

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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December 26, 2016, 03:22:17 PM
 #33506

PSA: Users, (solo)miners, exchanges/merchants, and pool operators must be on v0.10.1 in advance of the hardfork otherwise you will get forked/booted off the network. Miners, please contact your pool operator to ask them if they have upgraded

https://www.reddit.com/r/Monero/comments/5ke2y2/psa_users_solominers_exchangesmerchants_and_pool/

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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December 26, 2016, 05:17:52 PM
 #33507

XMR cant be shook out... climbing with BTC... moon cycles are starting....  Grin
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December 26, 2016, 07:48:39 PM
Last edit: December 27, 2016, 07:49:00 PM by visdude
 #33508


Initial questions:

1. Is the wallet name shown somewhere on the GUI?
2. Is there a way to determine the corresponding mixin# for each of the privacy levels on the GUI?

I most likely have more questions but I'll wait until after I get the chance to explore it thoroughly (still in the midst of syncing). Otherwise, it's a very nice interface. Kudos to the devs/contributors.


[1] Only in the wizard as far as I know.

[2] Mixin levels are as follows:

Quote
4,5,6,7,8,9,10,11,12,13,14,15,20,25

Where 4 = low, 8 = medium, and 25 = high.

Thanks for the reply and info:

[1] It would be nice to have the current/active wallet or account name on the GUI though as most users most likely maintain more than one wallet/account. It just makes sense.

[2] Again, it would be nice to correlate each privacy level/steps with the corresponding mixin count on the GUI to eliminate guesswork and for the sake of user-friendliness.



[1] Agreed, I'll open an issue for it on Github later.

[2] That may look the slider a bit too crowded. Additionally, the mixin # is already shown in the confirmation window.

[1] Thanks.

[2] If you meant a "confirmation window" just before sending a transaction, I wasn't aware of it as I haven't tried it yet but it's good to know that it allows one to review transaction details (including mixin count) before sending it out.


Edit (addendum):

Nevertheless, acting on or making a decision based on an actual data (mixin number) is more direct and positive than an abstraction of it (low, medium, high) which presents the actual data after the fact (confirmation window). But that's just me.

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December 26, 2016, 09:43:27 PM
Last edit: December 27, 2016, 07:55:27 PM by visdude
 #33509

More observations, thoughts and questions regarding GUI.

When I opened an existing watch-only CLI "<walletname>.keys" file with its corresponding "<walletname>" cache file in GUI, all transactions up to the point when it was last synced in CLI showed up in GUI History (new ones after the import/switch to GUI showed up as well). This process also created an additional "<walletname>.unportable" file in the wallet folder. The release notes specifically stated that CLI wallet cache files are incompatible with GUI but it seems to be fine...unless I'm missing something.

Similarly, an existing DB created/synced with the CLI method (standalone monerod) that I opened in GUI also created an additional "p2pstate.bin.unportable" file in the DB folder.

[1] What are these additional ".unportable" files generated after opening existing CLI wallet/cache and DB files in GUI respectively? A wallet and DB created/synced fresh from scratch within GUI do not generate such ".unportable" files. Just curious.

[2] In what way is an existing CLI wallet cache file incompatible with GUI per release notes (considering that transaction history did show up in GUI as I stated above)? I am a bit confused.

Though I used a "watch-only" wallet for this test, I couldn't find any indication of it on the GUI whatsoever (no wallet name and/or status). The only way I was able to sort of verify that it's indeed a watch-only wallet was by clicking on "Show seed" (password protected) in Settings which did not display the mnemonic seed. It would be very helpful to show the name and status or type of the active/current wallet on the GUI.

[3] Will the cold/offline wallet creation be incorporated into the GUI and simplified for the not-so-tech-savvy users or will that remain a relatively complicated CLI function?

[4] Will there eventually be an offline transaction signing functionality in conjunction with the cold/offline wallet feature (as in Armory, etc.)? Otherwise, it defeats the purpose of having a cold/offline wallet in the first place only to eventually make it "hot" (put online) to be able to spend from it (and consequently moving the remaining balance to a new unexposed cold wallet), thereby making it vulnerable to attacks. It's such a complicated procedure that can be alleviated with an offline transaction signing feature.

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December 27, 2016, 08:39:04 AM
 #33510

Seems like CPU mining Monero supports only SSE2 and AES, there doesn't seem to be support yet for AVX, AVX2 or SSE4.1. Are they planned or not?
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December 27, 2016, 02:17:59 PM
 #33511

Which pool for monero mining is fine?
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December 27, 2016, 02:22:47 PM
 #33512

I posted a short video on YouTube of me clicking around the beta 1 GUI release. It's not any sort of comprehensive review, just an example to show people if they wanted to see the GUI in action: https://www.youtube.com/watch?v=S45yZMcvQvo

Maybe it's just me but the audio is kinda low.

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December 27, 2016, 04:39:17 PM
Last edit: December 27, 2016, 04:49:55 PM by Hueristic
 #33513

Seems like CPU mining Monero supports only SSE2 and AES, there doesn't seem to be support yet for AVX, AVX2 or SSE4.1. Are they planned or not?

SSE2 adds instructions dealing with long integers that I guess are beneficial to our application where as all the later iterations are just adding more multimedia/gaming instructions that have no effect on our applications but I think they are all backward compatible so you could add them but would just not get any improvement and may even get less as the overhead used for a larger set being used, but I havn't coded with extensions since the original X86 so I don't consider myself an expert anymore.

AES is a standard specifically designed for encryption, where as AES-NI is the most fully capable of the instruction sets for our uses.

Quote
Advanced Encryption Standard Instruction Set (or the Intel Advanced Encryption Standard New Instructions; AES-NI) is an extension to the x86 instruction set architecture for microprocessors from Intel and AMD proposed by Intel in March 2008

Correct me if I'm wrong guys. Smiley

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December 27, 2016, 05:11:22 PM
 #33514

Can anybody explain why me why Monero is so high market cap compared to other anon coins.

Is it more centralized then others or ? Im looking more into anon coins now but i so many pages to read Cheesy
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December 27, 2016, 05:12:38 PM
 #33515

Can anybody explain why me why Monero is so high market cap compared to other anon coins.

Is it more centralized then others or ? Im looking more into anon coins now but i so many pages to read Cheesy


iT'S THE OPPOSITE, iT'S completely DECENTRALIZED! Smiley

WOOPS SORRY BOUT THE CAPS LOCK. Wink

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December 27, 2016, 05:18:30 PM
 #33516

Can anybody explain why me why Monero is so high market cap compared to other anon coins.

Is it more centralized then others or ? Im looking more into anon coins now but i so many pages to read Cheesy


XMR is the widely used in dark net market, so supply= buy buy buy= high price
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December 27, 2016, 05:21:24 PM
 #33517

Can anybody explain why me why Monero is so high market cap compared to other anon coins.

Is it more centralized then others or ? Im looking more into anon coins now but i so many pages to read Cheesy


iT'S THE OPPOSITE, iT'S completely DECENTRALIZED! Smiley

WOOPS SORRY BOUT THE CAPS LOCK. Wink

Yea sorry guess i need more coffee Cheesy i ment decentralized ofcourse.

But i wonder is navcoins just as decentralized ?

Can anybody explain why me why Monero is so high market cap compared to other anon coins.

Is it more centralized then others or ? Im looking more into anon coins now but i so many pages to read Cheesy


XMR is the widely used in dark net market, so supply= buy buy buy= high price

So thats the biggest advantage its already widely used compared to other coins out there. Nav , Zcash (wish i dont see as fully anon)

Im mainly looking for the pro en cons of Xmr and Nav
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December 27, 2016, 05:42:25 PM
 #33518

Im mainly looking for the pro en cons of Xmr and Nav

Here's a pro/con summary of leading privacy-centric coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

The part about Zcash was written before the Zcash release but the info is still applicable. A section needs to be added for Nav. I have been out of the loop for a few months so I'm not totally caught up on all the latest tech, but if a coin has a rich list, it's not private. Nav has a richlist:

https://chainz.cryptoid.info/nav/#!rich

Compare that to Monero's "Rich List":  http://moneroblocks.info/richlist


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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December 27, 2016, 05:47:55 PM
 #33519

I think there is no problem to add new trading site for XMR, at least to expand the trafficking bought and sold in it, including myself holding the bag a little XMR here

https://mercatox.com/coins/list

I think it can help a little bit to vote on this trade sites that have been added XMR therein

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December 27, 2016, 08:00:37 PM
 #33520

I like XMR have quite a lot of it, and also bought some ZEC, hoping that the price stabilizes here and moves higher over time.  The more anonymous coins are the future of crypto. I firmly believe that.  However we don't know which one will end up leading in the space yet.  Monero finally having a GUI software wallet is definitely a plus, and about time.   

Komodo (KMD) should be launching soon too and should be interesting to see how it compares to KMD and ZEC.  I don't like DASH for some reason...just seems inferior.
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