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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4656323 times)
jwinterm
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February 21, 2019, 08:59:25 PM
 #40441

I was reading the 'Satoshi Roundtable V Recap' by Jameson Lopp. Interesting read.

One part got me thinking about how it applies to Monero. It is generally said that running your own Monero node gives you the best privacy.
But don't you actually give away more information broadcasting a transaction from an own node, over using a remote node?
...

I think no, because when you use a remote node you are allowing the remote daemon to select the other ring members for your tx, so a malicious remote node could determine your real tx output, and also link that to your IP if you weren't using a VPN or something. I think your best bet for privacy is to use your own daemon and broadcast the tx over Tor. (Disclaimer: I'm not a privacy geek and haven't actually done any of these things except use a remote node.)
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Chicken_76
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February 22, 2019, 12:41:46 PM
 #40442

I think no, because when you use a remote node you are allowing the remote daemon to select the other ring members for your tx, so a malicious remote node could determine your real tx output, and also link that to your IP if you weren't using a VPN or something. I think your best bet for privacy is to use your own daemon and broadcast the tx over Tor. (Disclaimer: I'm not a privacy geek and haven't actually done any of these things except use a remote node.)

Are ring members chosen by the daemon, not the wallet?
jwinterm
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February 22, 2019, 02:48:48 PM
 #40443

I think no, because when you use a remote node you are allowing the remote daemon to select the other ring members for your tx, so a malicious remote node could determine your real tx output, and also link that to your IP if you weren't using a VPN or something. I think your best bet for privacy is to use your own daemon and broadcast the tx over Tor. (Disclaimer: I'm not a privacy geek and haven't actually done any of these things except use a remote node.)

Are ring members chosen by the daemon, not the wallet?

How can you select other dummy tx outputs to use in ring signature if you don't have a copy of the blockchain containing other tx outputs? I'm fairly certain yes, the wallet requests ring members and the daemon returns them.
bitcoin_diamond
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February 22, 2019, 03:18:04 PM
 #40444

Zcash had been doing lot of funny things like renaming to electric coin company etc this is not a good sign for the future the coin . Crypto has to be anonymous like BTC, ETH and should never represent a company. Monero perhaps will gain #1 spot for anonymity.
mattcode
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February 23, 2019, 09:33:06 AM
 #40445

Crypto has to be anonymous like BTC, ETH and should never represent a company.

That's true. I don't understand how a "decentralised network" can have a CEO.

Monero perhaps will gain #1 spot for anonymity.

It already has that.
ggarbi
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February 23, 2019, 10:17:23 AM
 #40446

I dont know about cryptonightR but i hope it can prevent asic/fpga for longer time at least.
Lets see if monero can deal with them or not. They have big competition with grin beam zcash and etc ...
I like to see monero on the top 10 market cap because its really unique in terms of privacy.



no-ice-please
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February 23, 2019, 10:58:11 AM
 #40447

Crypto has to be anonymous like BTC, ETH and should never represent a company.

That's true. I don't understand how a "decentralised network" can have a CEO.

Monero perhaps will gain #1 spot for anonymity.

It already has that.

The question is how can a decentralized network of this kind come into existence without a CEO in the beginning? Someone has to start it although the role of that someone should be in line with what we envision as a "decentralized" network. You need governance as well.

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mattcode
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February 23, 2019, 11:57:04 AM
 #40448

Crypto has to be anonymous like BTC, ETH and should never represent a company.

That's true. I don't understand how a "decentralised network" can have a CEO.

Monero perhaps will gain #1 spot for anonymity.

It already has that.

The question is how can a decentralized network of this kind come into existence without a CEO in the beginning? Someone has to start it although the role of that someone should be in line with what we envision as a "decentralized" network. You need governance as well.

Bitcoin never had a CEO, and neither did Monero.
Lambolife
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February 23, 2019, 05:17:40 PM
 #40449

Hello guys I just made a video on Monero. Please give me your feedback as I'm about to make a whole series.
I also need all the support I can get from the community.
Thank you!

Please watch if you have time https://youtu.be/8P-S4S4Hnoo
Hueristic
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February 23, 2019, 10:42:40 PM
Merited by cAPSLOCK (1)
 #40450

Crypto has to be anonymous like BTC, ETH and should never represent a company.

That's true. I don't understand how a "decentralised network" can have a CEO.

Monero perhaps will gain #1 spot for anonymity.

It already has that.

The question is how can a decentralized network of this kind come into existence without a CEO in the beginning? Someone has to start it although the role of that someone should be in line with what we envision as a "decentralized" network. You need governance as well.

Is this a bought account? You can't possible have been here since June 03, 2014 and not know the answer to that.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
bitcoin_age
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February 24, 2019, 10:34:20 AM
 #40451

After monero forks it will be great for its future.  The best privacy #1 coin MONERO
7jaka7
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February 24, 2019, 11:58:14 AM
 #40452

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

SECURE YOUR CRYPTO ASSETS | GET SOME FREE SATOSHI'S | TRADE ON BINANCE 
Disclaimer: All links are affiliate/refferal! Thank you for using them! Smiley
Kanati
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February 25, 2019, 06:30:27 PM
 #40453

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?
dEBRUYNE
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February 25, 2019, 09:33:55 PM
 #40454

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
bitcoin_age
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February 26, 2019, 06:41:09 PM
 #40455

Monero can even be 2000 usd or more Smiley SWISS bank in future
Attractor
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February 26, 2019, 07:04:51 PM
 #40456

Monero has been listed on TXBIT.io exchange!
Kanati
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February 26, 2019, 07:33:15 PM
 #40457

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?
birr
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February 27, 2019, 01:11:07 AM
Last edit: February 27, 2019, 01:24:06 AM by birr
 #40458

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?

I don't blame you for being concerned about the fork.
But it's not the wallet software that's at risk.
If something bad happens at the fork, it won't be a glitch with your wallet software.
If something bad happens at the fork, it could be much worse than that.  It could be a 51% attack, with double spends.
Your concern about the wallet not working is misplaced.  If that's all you're worried about, you can put your mind at rest.
By the way, linux CLI 14.0.0 daemon and wallet work great.  I'm using it now.
Hueristic
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February 27, 2019, 03:01:13 AM
 #40459

Monero EXPLAINED! - Dr. Daniel Kim (Founder Of Sweetwater Digital Consulting - Anarchapulco 2019)

https://www.youtube.com/watch?v=fO8_N7L2sR0&feature=youtu.be

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
dEBRUYNE
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February 27, 2019, 11:18:37 AM
 #40460

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?

One of their devs stated that Coinomi would be sufficiently prepared for the upcoming scheduled protocol upgrade:

https://www.reddit.com/r/COINOMI/comments/auja7c/coinomi_monero_ama_feb_25_1200_utc/eh8n56e/

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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