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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4249248 times)
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June 02, 2018, 07:24:06 AM
 #39341

Visa CFO becomes angry when asked about Bitcoin bubble -Fri Jun 01

Quote
Also, there are other cryptocurrencies like Monero, which are completely transparent as well. These cryptocurrencies are now being used after the increased scrutiny on Bitcoin. It remains to be seen whether the authorities are able to stop the usage of completely anonymous cryptocurrencies for criminal activities or not. Currently, it seems like the people who want to launder money are using the completely anonymous cryptocurrencies.

https://smartereum.com/5715/visa-cfo-becomes-angry-when-asked-about-bitcoin-bubble-fri-jun-01/

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June 02, 2018, 08:56:33 PM
Merited by Hueristic (5)
 #39342

Some days ago I posted my thoughts to Monero speculation thread, but I suppose they much more fundamental, so I re-phrase them here and may be somewhere else. May be you guys help me in ideas where that thoughts should be posted else.

I think people are crazy if they don't respect anonymity or further fight against anonymity, like Japan's FSA that want to ban anonymous cryptocurrencies.

I assert that absence of anonymity is One Huge Vulnerability to the national security of any country. As we know most blockchains are transparent and there is just one tiny line that separates a person that stores his financial info on blockchain from total fiasco - the link between wallet address and person email, photo, address, etc.

As we can see, governments of many countries fight against anonymity (KYS etc.). Also they centralize all the personal info in one hand. But this is fatal fundamental error. As we can see, if personal data may leak it does leak in short finite time at 100% sure. Because info is a super-liquid substance like liquid helium at sub-critical temperature below ~2 kelvins.

Now transparent blockchains come to the scene. WTF???!!! Each gangster for the near future will know ALL the info about you!!! And, if you are rich enough, you will be robbed. Police is just bought or are share-holders or just have been leaked...

Look what Chinese HQ create on the days:
https://en.wikipedia.org/wiki/Social_Credit_System

Is not it fucking heavens holly shit 1984?!

There is a niche for transparent blockchains, for sure. For example, they may control social things and relations in public domain.

BUT MOST OF REAL-WORLD BLOCKCHAINS MUST BE ANONYMOUS! See above...

I am very glad when I saw Ricardo Spagni introduction of Tari:
https://cryptorecorder.com/2018/05/25/monero-xmr-riccardo-spagni-to-introduce-tari-the-new-ethereum-killer/

Also I am very glad that Ricardo Spagni itself introduced his fading participation in Monero developing itself, MAKING DEVELOPING MORE DECENTRALIZED.

And the last drop that overflows my patience to be silent, is just found words of
https://en.wikipedia.org/wiki/Frank_Abagnale
HE, BEING FBI CONSULTANT, SAID:
https://www.youtube.com/watch?v=0AHHo9OXiwE&feature=youtu.be&t=40m35s

Blockchain is the best way to secure the information. I think you will see all banks to come to the blockchain. Keeping records through blockchain, because it will become the best way to do so. You cant break the blockchain, you cant change anything on the blockchain. So that bring us to last thing. You cant change anything on blockchain. To some little things that have to be worked out, like example we have many witness programs. So if we know who the person is and we cant change who the person is, then that become the jeopardy to that witness. So the privacy issue comes into play about. Those are the things that has to be tweaked out.

SO PLEASE OPEN EYES YOUR NEIGHBORS: ABSENCE OF ANONYMITY IS HUGE VULNERABILITY TO ALL THE COUNTRIES, not anonymity!

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June 03, 2018, 12:47:55 AM
 #39343

...

Look what Chinese HQ create on the days:
https://en.wikipedia.org/wiki/Social_Credit_System

...


Is it true? That's a black mirror episode btw.

https://www.youtube.com/watch?v=4hK4fG3rcHA

Nice post, you put alot of effort into it even though your not a native English speaker. I'm not sure what you mean by the Kelvin reference though? Do you mean the state of solid to liquid at absolute zero? I can't remember if thats helium's point or not.

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June 03, 2018, 04:36:52 AM
 #39344

ADVANCING MONERO HARDWARE WALLET
https://forum.getmonero.org/8/funding-required/90126/advancing-monero-hardware-wallet

If you haven't donated yet please do! This is one of the more important and exciting funding requests yet. Currently sitting at 24.46% funded.



Hey it got funded! Thank you binaryFate! You have my adoration, 65 XMR is extremely generous.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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June 03, 2018, 02:33:24 PM
 #39345

ADVANCING MONERO HARDWARE WALLET
https://forum.getmonero.org/8/funding-required/90126/advancing-monero-hardware-wallet

If you haven't donated yet please do! This is one of the more important and exciting funding requests yet. Currently sitting at 24.46% funded.



Hey it got funded! Thank you binaryFate! You have my adoration, 65 XMR is extremely generous.

binaryfate is the man! what happened to redditors, are they looking to fund an OJ singalong?

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June 03, 2018, 04:49:37 PM
 #39346



SO PLEASE OPEN EYES YOUR NEIGHBORS: ABSENCE OF ANONYMITY IS HUGE VULNERABILITY TO ALL THE COUNTRIES, not anonymity!




People take anonymity for granted, in fact, they have this illusion that having a different persona in the Internet makes them anonymous, so "what's the fuss about?", they say.

Once they see and feel that their government knows everything they do, only then they will value their privacy. Of course, governments don't want anonymity for the masses, they want it only for themselves.

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June 03, 2018, 08:55:54 PM
 #39347

New threat? FPGA
http://zetheron.com/index.php/fpga-performance-profit/
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June 03, 2018, 09:09:34 PM
 #39348


Not new if you were listening to Hueristic


Higher for the hardcore
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June 04, 2018, 11:46:37 AM
 #39349

Nice post, you put alot of effort into it even though your not a native English speaker. I'm not sure what you mean by the Kelvin reference though? Do you mean the state of solid to liquid at absolute zero? I can't remember if thats helium's point or not.

Thanks. I meant this:
https://en.wikipedia.org/wiki/Superfluid_helium-4

Son information is superfluid like liquid helium, except critical velocity of info is near to speed of light and just 20cm/s for Helium. Smiley
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June 04, 2018, 12:05:21 PM
 #39350


Thank you my friend. Wink


Nice post, you put alot of effort into it even though your not a native English speaker. I'm not sure what you mean by the Kelvin reference though? Do you mean the state of solid to liquid at absolute zero? I can't remember if thats helium's point or not.

Thanks. I meant this:
https://en.wikipedia.org/wiki/Superfluid_helium-4

Son information is superfluid like liquid helium, except critical velocity of info is near to speed of light and just 20cm/s for Helium. Smiley


I'll try to read up on this if I ever get any time. Slammed right now. Smiley


It's bad news they are using the new Gen 2 HBM, I thought that was all backlogged.

OK, I was going to spend a few hours catching up on the latest here to try to quantify our exposure but you know what, I don't get paid for this. Smiley

I am of the opinion that There should be a Dev group just to handle this aspect of the security model. Not a reactionary force. I have been arguing for being pro active on this front for years and it really came to the forefront when Quantum Computing was developed. Anything that can mitigate that can mitigate this so that is really one aspect to consider such as polymorphic algo's. So anyway thats off the top of my head.

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thomas.sgat
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June 04, 2018, 03:07:09 PM
 #39351

Monero is great project Smiley
We support

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June 04, 2018, 05:27:11 PM
 #39352

Quote
Microsoft is acquiring GitHub!

Well this sucks, where is the official source going to reside now?

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June 04, 2018, 06:43:38 PM
 #39353

Quote
Microsoft is acquiring GitHub!

Well this sucks, where is the official source going to reside now?

Maybe something like Gogs, Gittea or GitLab could be hosted like some of the Monero infrastructure (build server, Mattermost...)

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June 04, 2018, 08:03:42 PM
 #39354

Monero CLI v0.12.2.0 "Lithium Luna", which includes full LedgerHQ support, released!

https://github.com/monero-project/monero/releases/tag/v0.12.2.0


This is the v0.12.2.0 point release of the Monero software, and it is part of the v0.12 network wide update. The major release was due to the April 6th network update, which in turn increased the minimum ring signature size, sorted inputs so as not to leak wallet choice by inference, and slightly changed the proof-of-work algorithm to prevent DoS attacks by ASICs. This release of the software presents a number of major improvements to Monero, as well as a large set of bug fixes.

The GUI v0.12.2.0 binaries will, probably, be released later this week.
https://twitter.com/monerocurrency/status/1003738824772542469

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June 05, 2018, 10:08:15 AM
 #39355

*will remove, posted in error*

Higher for the hardcore
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June 05, 2018, 11:16:31 AM
 #39356

Quote
Microsoft is acquiring GitHub!

Well this sucks, where is the official source going to reside now?

Maybe something like Gogs, Gittea or GitLab could be hosted like some of the Monero infrastructure (build server, Mattermost...)

https://monitor.gitlab.net/dashboard/db/github-importer?orgId=1

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June 05, 2018, 05:26:34 PM
 #39357

Ledger CLI guides (requires CLI v0.12.2.0)

https://www.reddit.com/r/Monero/comments/8op6cp/ledger_cli_guides_requires_cli_v01220/

https://monero.stackexchange.com/questions/8503/how-do-i-generate-a-ledger-monero-wallet-with-the-cli-monero-wallet-cli

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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June 05, 2018, 05:41:36 PM
 #39358

very big project. your project I see and my parsonaly choise is very good project because all comunity member very active and powerfull your project interisting for big holder member and byer.I hope this coin naw bye and 2021 big reward profit.I something this coin bye and long time hold and share all socail mediya share.I know this coin future must big exchange listed.I fast to last this project with I will stay.

korona  ♛  CROWN YOUR LIFE!  ♛
Be always in control with the Korona Coin.
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June 06, 2018, 07:42:16 AM
 #39359

Isn’t it better to buy private bitcoin since it’s the real crypto? I think monero is just a scam and used by bad guys? Just my opinion.

It’s gold for nerds
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June 06, 2018, 08:08:32 AM
 #39360

Isn’t it better to buy private bitcoin since it’s the real crypto? I think monero is just a scam and used by bad guys? Just my opinion.
Please open your eyes and look at coinmarketcap. Where is XMR?
Which rank the coin has stayed at the moment?
Please stop kidding like this, mate.

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