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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4548017 times)
dEBRUYNE
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October 16, 2017, 11:04:23 AM
 #36241

how long does is take to start using monero on average computer..
inter core i3 8gb ram 10mbps bandwidth. .
Do we have to download full blockchain or there's a option to prune?


Depends, if you have an SSD it's generally quite fast. However, an HDD might significantly slow things down. There's no option to prune yet. However, you can use a remote node:

https://moneroworld.com/#nodes

Trade-offs:

https://monero.stackexchange.com/questions/1134/is-it-safe-to-share-a-daemon-with-a-roommate

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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October 16, 2017, 11:20:16 AM
 #36242

Today is the first time I withdrew my XMR from an exchange to my wallet but it's still saying unconfirmed Can someone tell me when I can again transfer my XMR token to a new address?

Thanks Cheesy

Try searching the transaction ID / hash on a block explorer (e.g. https://xmrchain.net).

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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October 16, 2017, 02:34:36 PM
 #36243

I am CPU mining with 3 computers and GPU mining with one. What a great coin.
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October 16, 2017, 07:15:22 PM
 #36244

Just another day in you data is not safe land, here's one for all you guys who want to use android wallets and run your Linux boxes over WPA2.

Quote
As a proof-of-concept we executed a key reinstallation attack against an Android smartphone. In this demonstration, the attacker is able to decrypt all data that the victim transmits. For an attacker this is easy to accomplish, because our key reinstallation attack is exceptionally devastating against Linux and Android 6.0 or higher. This is because Android and Linux can be tricked into (re)installing an all-zero encryption key (see below for more info). When attacking other devices, it is harder to decrypt all packets, although a large number of packets can nevertheless be decrypted. In any case, the following demonstration highlights the type of information that an attacker can obtain when performing key reinstallation attacks against protected Wi-Fi networks:

https://www.krackattacks.com/

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October 16, 2017, 07:43:27 PM
 #36245

I am CPU mining with 3 computers and GPU mining with one. What a great coin.
What profitability it has? I got old GPU mining farm but didn't turn on it for years))) Price of electricity just grow up...
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October 16, 2017, 07:49:56 PM
Last edit: October 16, 2017, 08:03:16 PM by jwinterm
 #36246

Article on North Korea cyber capabilities mentions them hacking crypto exchanges and converting BTC to XMR:
https://www.boston.com/news/world-news/2017/10/16/the-world-once-laughed-at-north-korean-cyber-power-no-more

Quote
More recently, North Koreans seemed to have changed tack once again. North Korean hackers’ fingerprints showed up in a series of attempted attacks on cryptocurrency exchanges in South Korea, and were successful in at least one case, according to researchers at FireEye.

The attacks on Bitcoin exchanges, which see hundreds of millions of dollars worth of Bitcoin exchanged a day, offered Pyongyang a potentially very lucrative source of new funds. And, researchers say, there is evidence they have been exchanging Bitcoin gathered from their heists for Monero, a highly anonymous version of cryptocurrency that is far harder for global authorities to trace.
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October 16, 2017, 07:53:54 PM
 #36247

R is a next mega capacity currency

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October 16, 2017, 08:04:12 PM
 #36248

Article on North Korea cyber capabilities mentions them having crypto exchanges and converting BTC to XMR:
https://www.boston.com/news/world-news/2017/10/16/the-world-once-laughed-at-north-korean-cyber-power-no-more

Quote
More recently, North Koreans seemed to have changed tack once again. North Korean hackers’ fingerprints showed up in a series of attempted attacks on cryptocurrency exchanges in South Korea, and were successful in at least one case, according to researchers at FireEye.

The attacks on Bitcoin exchanges, which see hundreds of millions of dollars worth of Bitcoin exchanged a day, offered Pyongyang a potentially very lucrative source of new funds. And, researchers say, there is evidence they have been exchanging Bitcoin gathered from their heists for Monero, a highly anonymous version of cryptocurrency that is far harder for global authorities to trace.
Yea, even North Koreans are using XMR because monero is only one really untraceable coin on the market.

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October 16, 2017, 08:22:33 PM
 #36249

Article on North Korea cyber capabilities mentions them hacking crypto exchanges and converting BTC to XMR:
https://www.boston.com/news/world-news/2017/10/16/the-world-once-laughed-at-north-korean-cyber-power-no-more

Quote
More recently, North Koreans seemed to have changed tack once again. North Korean hackers’ fingerprints showed up in a series of attempted attacks on cryptocurrency exchanges in South Korea, and were successful in at least one case, according to researchers at FireEye.

The attacks on Bitcoin exchanges, which see hundreds of millions of dollars worth of Bitcoin exchanged a day, offered Pyongyang a potentially very lucrative source of new funds. And, researchers say, there is evidence they have been exchanging Bitcoin gathered from their heists for Monero, a highly anonymous version of cryptocurrency that is far harder for global authorities to trace.


I guess all news is good news. Lol

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October 16, 2017, 09:51:48 PM
 #36250

Just another day in you data is not safe land, here's one for all you guys who want to use android wallets and run your Linux boxes over WPA2.

Quote
As a proof-of-concept we executed a key reinstallation attack against an Android smartphone. In this demonstration, the attacker is able to decrypt all data that the victim transmits. For an attacker this is easy to accomplish, because our key reinstallation attack is exceptionally devastating against Linux and Android 6.0 or higher. This is because Android and Linux can be tricked into (re)installing an all-zero encryption key (see below for more info). When attacking other devices, it is harder to decrypt all packets, although a large number of packets can nevertheless be decrypted. In any case, the following demonstration highlights the type of information that an attacker can obtain when performing key reinstallation attacks against protected Wi-Fi networks:

https://www.krackattacks.com/
some relevant information
http://www.kb.cert.org/vuls/id/228519
http://www.zdnet.com/article/here-is-every-patch-for-krack-wi-fi-attack-available-right-now/
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October 17, 2017, 03:56:23 AM
 #36251

Hey I have a serious question to the Monero community.

So after I realized that Dash is potentially inferior in every aspect, perhaps except the community aspect, but Monero is getting more mainstream too nowadays. And we know Zcash and others are bad too.

So Monero has all the cool features, privacy, anonymity, decent community (not full of shills and trolls) and a pretty good research and development team.

But there is 1 issue with Monero, a big one: SCALING


Why the hell does Monero align itself with the retarded small blocker camp? The more I research it, the more obvious it is to me that the small blockers in Bitcoin, Bitcoin Core, have just done horrible damage to Bitcoin's scalability and adoption (literally over 80% of the world earns less daily income than your BTC tx fee). In fact I think some Core developers have worked in Monero, so there is some tight alliance there.

I have heard some rumors about adding Segwit or something similar to Monero, when if you do any research on it, it clearly shows how inferior it is the soft fork segwit, it creates this colored coin environment controlled by the miners. We do bash Dash for it's masternode setup, but for some reason Segwit controlled by the miners is not a big deal.

Look I am no technical expert but every evidence points towards big blocks being the good scaling solution.

Can somebody, an expert, explain to me clearly and honestly why Monero does not go with the big block strategy?


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October 17, 2017, 04:11:52 AM
 #36252

...
Can somebody, an expert, explain to me clearly and honestly why Monero does not go with the big block strategy?[/b]

Monero has a dynamic block size. Blocks will increase in maximum capacity automagically as more transactions are included on a consistent basis. Of course, on chain scaling has limitations, so off-chain stuff like some kind of lightning implementation are being looked at as well I think.
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October 17, 2017, 05:02:30 AM
 #36253

Just another day in you data is not safe land, here's one for all you guys who want to use android wallets and run your Linux boxes over WPA2.

Quote
As a proof-of-concept we executed a key reinstallation attack against an Android smartphone. In this demonstration, the attacker is able to decrypt all data that the victim transmits. For an attacker this is easy to accomplish, because our key reinstallation attack is exceptionally devastating against Linux and Android 6.0 or higher. This is because Android and Linux can be tricked into (re)installing an all-zero encryption key (see below for more info). When attacking other devices, it is harder to decrypt all packets, although a large number of packets can nevertheless be decrypted. In any case, the following demonstration highlights the type of information that an attacker can obtain when performing key reinstallation attacks against protected Wi-Fi networks:

https://www.krackattacks.com/

Nice to read, thanks  Grin

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October 17, 2017, 05:04:04 AM
 #36254

Hey I have a serious question to the Monero community.

So after I realized that Dash is potentially inferior in every aspect, perhaps except the community aspect, but Monero is getting more mainstream too nowadays. And we know Zcash and others are bad too.

So Monero has all the cool features, privacy, anonymity, decent community (not full of shills and trolls) and a pretty good research and development team.

But there is 1 issue with Monero, a big one: SCALING


Why the hell does Monero align itself with the retarded small blocker camp? The more I research it, the more obvious it is to me that the small blockers in Bitcoin, Bitcoin Core, have just done horrible damage to Bitcoin's scalability and adoption (literally over 80% of the world earns less daily income than your BTC tx fee). In fact I think some Core developers have worked in Monero, so there is some tight alliance there.

I have heard some rumors about adding Segwit or something similar to Monero, when if you do any research on it, it clearly shows how inferior it is the soft fork segwit, it creates this colored coin environment controlled by the miners. We do bash Dash for it's masternode setup, but for some reason Segwit controlled by the miners is not a big deal.

Look I am no technical expert but every evidence points towards big blocks being the good scaling solution.

Can somebody, an expert, explain to me clearly and honestly why Monero does not go with the big block strategy?


As JW pointed out Monero has Dynamic Scaling so we have no clue what your talking about when you say aligning ourselves with a small block "Side". Monero Devs may work with core Devs but thats because out of most alts Monero Devs are the ones that Core Devs take serious.

Monero takes no position on BTC it is it's own coin.


Just another day in you data is not safe land, here's one for all you guys who want to use android wallets and run your Linux boxes over WPA2.

Quote
As a proof-of-concept we executed a key reinstallation attack against an Android smartphone. In this demonstration, the attacker is able to decrypt all data that the victim transmits. For an attacker this is easy to accomplish, because our key reinstallation attack is exceptionally devastating against Linux and Android 6.0 or higher. This is because Android and Linux can be tricked into (re)installing an all-zero encryption key (see below for more info). When attacking other devices, it is harder to decrypt all packets, although a large number of packets can nevertheless be decrypted. In any case, the following demonstration highlights the type of information that an attacker can obtain when performing key reinstallation attacks against protected Wi-Fi networks:

https://www.krackattacks.com/

Nice to read, thanks  Grin

List of Firmware & Driver Updates for KRACK WPA2 Vulnerability

https://www.bleepingcomputer.com/news/security/list-of-firmware-and-driver-updates-for-krack-wpa2-vulnerability/

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October 17, 2017, 05:07:22 AM
 #36255

Anyone compiles it successfully on Mac OS?
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October 17, 2017, 06:36:52 AM
Last edit: October 17, 2017, 06:51:47 AM by Anon136
 #36256

Why the hell does Monero align itself with the retarded small blocker camp? The more I research it, the more obvious it is to me that the small blockers in Bitcoin, Bitcoin Core, have just done horrible damage to Bitcoin's scalability and adoption (literally over 80% of the world earns less daily income than your BTC tx fee).

I know this isn't really the right place for it but I just really want to respond to this. I'm a small blocker myself. Let me explain why.

Increasing the block size IS NOT A SOLUTION to the scaling problem. We would run into unacceptable centralization pressures before we even began to approach blocks large enough to facilitate any acceptable level for a global currency. What it is is the illusion of a solution. What is so dangerous about the illusion of a solution is that it marginalizes the urgency of this problem. 1MB blocks is a very useful fire underneath everyone's asses. Once real solutions are developed than I'm all for safe increases in block size that parallel increases in network and data storage improvements if they work hand in hand with said real solutions. Until then I don't think it behooves us to remove that fire. Not if our main concern is the long term prospects of the crypto currency movement.

This position may very well be wrong. I am certainly wrong sometimes. But i'm confident that it is not immediately obvious that it is "retarded" and I think anyone who would claim that it is has not really been open minded to the arguments of their opposition.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
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October 17, 2017, 09:34:11 AM
 #36257

Why the hell does Monero align itself with the retarded small blocker camp? The more I research it, the more obvious it is to me that the small blockers in Bitcoin, Bitcoin Core, have just done horrible damage to Bitcoin's scalability and adoption (literally over 80% of the world earns less daily income than your BTC tx fee).

I know this isn't really the right place for it but I just really want to respond to this. I'm a small blocker myself. Let me explain why.

Increasing the block size IS NOT A SOLUTION to the scaling problem. We would run into unacceptable centralization pressures before we even began to approach blocks large enough to facilitate any acceptable level for a global currency. What it is is the illusion of a solution. What is so dangerous about the illusion of a solution is that it marginalizes the urgency of this problem. 1MB blocks is a very useful fire underneath everyone's asses. Once real solutions are developed than I'm all for safe increases in block size that parallel increases in network and data storage improvements if they work hand in hand with said real solutions. Until then I don't think it behooves us to remove that fire. Not if our main concern is the long term prospects of the crypto currency movement.

This position may very well be wrong. I am certainly wrong sometimes. But i'm confident that it is not immediately obvious that it is "retarded" and I think anyone who would claim that it is has not really been open minded to the arguments of their opposition.

I agree, you are completely right.
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October 17, 2017, 01:03:25 PM
 #36258

But there is 1 issue with Monero, a big one: SCALING

I think this is general problem with blockchain currencies. But a lot of devs are working on this, daily. Many approaches have been found (Segwit, increasing block limit, lightning network and probably many others). And most of them are being tested. Time will tell what is best and then best solution will be implemented in most blockchains.

Technology must evolve, everything can't be solved in one day.


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October 17, 2017, 01:24:19 PM
 #36259

Anyone compiles it successfully on Mac OS?

Could you be more specific about your issue(s)?

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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October 17, 2017, 02:12:44 PM
 #36260

Just another day in you data is not safe land, here's one for all you guys who want to use android wallets and run your Linux boxes over WPA2.

Quote
As a proof-of-concept we executed a key reinstallation attack against an Android smartphone. In this demonstration, the attacker is able to decrypt all data that the victim transmits. For an attacker this is easy to accomplish, because our key reinstallation attack is exceptionally devastating against Linux and Android 6.0 or higher. This is because Android and Linux can be tricked into (re)installing an all-zero encryption key (see below for more info). When attacking other devices, it is harder to decrypt all packets, although a large number of packets can nevertheless be decrypted. In any case, the following demonstration highlights the type of information that an attacker can obtain when performing key reinstallation attacks against protected Wi-Fi networks:

https://www.krackattacks.com/

Summary of the exploit is: its a man in the middle attack. They can smell your wireless network and then impersonate it on a different channel with a stronger signal. The vulnerable devices don't check properly to see if its still the same network.

Then you are happily plugging away at your computer, believing you are on your usual network nothing to see here.

Its the same reason I have never used public internet in café's etc., you never know what is the real hotspot and what is a guy with a powerful laptop.


hat an idiot W
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