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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4664545 times)
Kanati
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March 02, 2019, 09:24:36 AM
Last edit: March 02, 2019, 09:58:04 AM by Kanati
 #40441

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.

I still remember the problems I had upgrading my Linux wallet when Monero forked to v.7. Also I find the frequent forks tiresome, since they are only treating symptoms temporarily instead of curing the disease (ASIC vulnerability). The tech behind Monero is still cool, but not an end in itself, and I don't see the price going anywhere long as it remains "eclectic", and mainly useful on the darknet.

I think the Coinomi Monero integration is a mixed bag -
on one hand it's positive since it makes Monero more useful by providing more mainstream access to more people,
on the other hand accessibility is a big minus if the wallet isn't secure (https://www.reddit.com/r/reddCoin/comments/avb43d/crosspost_warning_coinomi_wallet_critical/).

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, and looks soon ready for MimbleWimble protocol integration. XMR still has cheaper fees than LTC (ASICS could change this for LTC..), and XMR may still win if the DEV's manage to maintain tech lead by salvaging Kovri before it's too late.
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March 02, 2019, 10:48:13 AM
 #40442

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.
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March 02, 2019, 12:50:55 PM
 #40443

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.

Its not an issue if you don't have a pharyngeal reflex


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"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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Hueristic
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March 02, 2019, 02:44:20 PM
 #40444

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.

Its not an issue if you don't have a pharyngeal reflex

Or you really don't care about the security of the network and are only shilling because your a bag holder. Wink

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
mattcode
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March 02, 2019, 06:53:58 PM
Last edit: March 02, 2019, 07:23:20 PM by mattcode
 #40445

Quote
We have a wallet exploit related to coinbase transactions. There will be a patch released on github on the 6th at 4pm GMT, so in about 4 days. In the meantime, you can be safe against any exploits by running "set refresh-type no-coinbase" in monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.
This is not a consensus bug, no double spend, no coins created out of thin air, etc.

Arbitrary code execution? Wallet DoS?

edit not as fun as that. it's like the double counting wallet bug from before
deksa
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March 02, 2019, 08:26:57 PM
 #40446

Guys?
What is the name of the new algo after the fork next week?
Is there AMD miner for it atm?
If so, which platforms does it use (the miner)?
Thank you!
Millionero
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March 03, 2019, 04:44:54 AM
 #40447

Quote
We have a wallet exploit related to coinbase transactions. There will be a patch released on github on the 6th at 4pm GMT, so in about 4 days. In the meantime, you can be safe against any exploits by running "set refresh-type no-coinbase" in monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.
This is not a consensus bug, no double spend, no coins created out of thin air, etc.

Arbitrary code execution? Wallet DoS?

edit not as fun as that. it's like the double counting wallet bug from before
Where did you get that quote?
link
Kanati
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March 03, 2019, 06:52:07 AM
 #40448

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.

Its not an issue if you don't have a pharyngeal reflex

Or you really don't care about the security of the network and are only shilling because your a bag holder. Wink

Snarky bag-holding pharyngeal reflexive ad hominem attacks aside...

The Network Security issue is about who controls capacity, not how it's mined - https://www.crypto51.app/
mattcode
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March 03, 2019, 08:43:23 AM
 #40449

Quote
We have a wallet exploit related to coinbase transactions. There will be a patch released on github on the 6th at 4pm GMT, so in about 4 days. In the meantime, you can be safe against any exploits by running "set refresh-type no-coinbase" in monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.
This is not a consensus bug, no double spend, no coins created out of thin air, etc.

Arbitrary code execution? Wallet DoS?

edit not as fun as that. it's like the double counting wallet bug from before
Where did you get that quote?
link

From a pastebin link shared by moo on irc https://paste.debian.net/hidden/0d241a90/
TheFuzzStone
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March 03, 2019, 11:50:17 AM
 #40450

🚨 If you are running a wallet on an exchange, payment gateway, or service, please pay attention to the following message. 🚨

The Monero Vulnerability Response workgroup has received a disclosure of a wallet bug related to coinbase transactions, that could be disruptive to anyone running a wallet on an exchange, payment gateway, or service. There will be a patch released on GitHub on March the 6th, 2019, at 4pm GMT, so in about 4 days.

In the meantime, you can be safe against anyone trying to exploit this bug by running "set refresh-type no-coinbase" in monero-wallet-cli. Note that you will need to first close monero-wallet-rpc, and open the wallet with monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.

NB: this is not a consensus bug, there is no double spend, it does not allow coins to be created out of thin air, etc.

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March 03, 2019, 02:34:11 PM
 #40451

Quote
Riccardo Spagni <ric@ts.org>
To:monero-announce@lists.getmonero.org
Mar 3 at 5:14 AM
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

If you are running a wallet on an exchange, payment gateway, or service, please pay attention to the following message.

The Monero Vulnerability Response workgroup has received a disclosure of a wallet bug related to coinbase transactions, that could be disruptive to anyone running a wallet on an exchange, payment gateway, or service. There will be a patch released on GitHub on March the 6th, 2019, at 4pm GMT, so in about 4 days.

In the meantime, you can be safe against anyone trying to exploit this bug by running "set refresh-type no-coinbase" in monero-wallet-cli. Note that you will need to first close monero-wallet-rpc, and open the wallet with monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.

NB: this is not a consensus bug, there is no double spend, it does not allow coins to be created out of thin air, etc.
-----BEGIN PGP SIGNATURE-----

iQEzBAEBCAAdFiEElLc43TUBMvWsvuodVUMt8xzNT80FAlx7tfoACgkQVUMt8xzN
T80VNAf+PKYPaagcGVIhnPCINqSIX/dw9tRMMMaE4q0u1AFTyZz6ynYuVFJrX6Ir
JoMThLf+wQAKlkBoxiSeLskWJ2ILpoP6S+CfZzBzFRYWTwy6NlTZT9WndSFTXPlJ
A/cLTfiHsmzLMc9fiwbcaZI3okcG2XEP7eXkwx5ocUhe1LV77a9Q5CuV1gt8siXA
i1eWNvH1KF33vctwmCvmF3yQf9mGJF4v2eG8IWre4Xr6TBqr4UndL3sBPGy5OS++
IrpBAv1ycTvHWmL2GKVt3AmdA4WwUhBBw7u0Reh1PpLAAWiFdHb5tYZbD9CCryjB
N2lKh+EyNb1DY0GWq4kHxgbMFN7LpA==
=6Pr5
-----END PGP SIGNATURE-----
_______________________________________________

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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March 03, 2019, 08:17:50 PM
 #40452

Guys?
What is the name of the new algo after the fork next week?
Is there AMD miner for it atm?
If so, which platforms does it use (the miner)?
Thank you!

I think you are looking for this thread:

https://www.reddit.com/r/MoneroMining/comments/awx4jg/you_must_update_your_miners_for_the_march_9/

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
dEBRUYNE
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March 03, 2019, 08:18:46 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?

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.

I still remember the problems I had upgrading my Linux wallet when Monero forked to v.7. Also I find the frequent forks tiresome, since they are only treating symptoms temporarily instead of curing the disease (ASIC vulnerability). The tech behind Monero is still cool, but not an end in itself, and I don't see the price going anywhere long as it remains "eclectic", and mainly useful on the darknet.

I think the Coinomi Monero integration is a mixed bag -
on one hand it's positive since it makes Monero more useful by providing more mainstream access to more people,
on the other hand accessibility is a big minus if the wallet isn't secure (https://www.reddit.com/r/reddCoin/comments/avb43d/crosspost_warning_coinomi_wallet_critical/).

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, and looks soon ready for MimbleWimble protocol integration. XMR still has cheaper fees than LTC (ASICS could change this for LTC..), and XMR may still win if the DEV's manage to maintain tech lead by salvaging Kovri before it's too late.


Any privacy feature addition to LTC will most likely be optional. As such, the following will apply:

https://www.reddit.com/r/Monero/comments/akq1q5/with_the_scaling_debate_behind_us_the_next/ef6xyq9/

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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March 03, 2019, 09:23:33 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?

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.

I still remember the problems I had upgrading my Linux wallet when Monero forked to v.7. Also I find the frequent forks tiresome, since they are only treating symptoms temporarily instead of curing the disease (ASIC vulnerability). The tech behind Monero is still cool, but not an end in itself, and I don't see the price going anywhere long as it remains "eclectic", and mainly useful on the darknet.

I think the Coinomi Monero integration is a mixed bag -
on one hand it's positive since it makes Monero more useful by providing more mainstream access to more people,
on the other hand accessibility is a big minus if the wallet isn't secure (https://www.reddit.com/r/reddCoin/comments/avb43d/crosspost_warning_coinomi_wallet_critical/).

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, and looks soon ready for MimbleWimble protocol integration. XMR still has cheaper fees than LTC (ASICS could change this for LTC..), and XMR may still win if the DEV's manage to maintain tech lead by salvaging Kovri before it's too late.


Any privacy feature addition to LTC will most likely be optional. As such, the following will apply:

https://www.reddit.com/r/Monero/comments/akq1q5/with_the_scaling_debate_behind_us_the_next/ef6xyq9/

The game is on  Wink

mattcode
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March 03, 2019, 10:09:13 PM
 #40455

Quote
We have a wallet exploit related to coinbase transactions. There will be a patch released on github on the 6th at 4pm GMT, so in about 4 days. In the meantime, you can be safe against any exploits by running "set refresh-type no-coinbase" in monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.
This is not a consensus bug, no double spend, no coins created out of thin air, etc.

Arbitrary code execution? Wallet DoS?

edit not as fun as that. it's like the double counting wallet bug from before

Looks like the patch came early.

https://patch-diff.githubusercontent.com/raw/monero-project/monero/pull/5216.patch
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March 04, 2019, 03:16:51 AM
 #40456

Quote
We have a wallet exploit related to coinbase transactions. There will be a patch released on github on the 6th at 4pm GMT, so in about 4 days. In the meantime, you can be safe against any exploits by running "set refresh-type no-coinbase" in monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.
This is not a consensus bug, no double spend, no coins created out of thin air, etc.

Arbitrary code execution? Wallet DoS?

edit not as fun as that. it's like the double counting wallet bug from before

Looks like the patch came early.

https://patch-diff.githubusercontent.com/raw/monero-project/monero/pull/5216.patch
Quote
Riccardo Spagni   to monero-announce   (6 hours ago) show details create a rule
To update this: since the bug has been irresponsibly, publicly
disclosed by a third-party unrelated to original discloser
to the
Vulnerability Response workgroup, the Monero developer community has
decided to fast-forward the update to today. If you are running a
wallet on an exchange, payment gateway, or service, then you can
update to 0.14.0.1 using the appropriate tag, as in 'git checkout
v0.14.0.1'. Binaries for this release should be completed and uploaded
in the next 24 hours.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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March 04, 2019, 12:07:28 PM
 #40457

Guys?
What is the name of the new algo after the fork next week?
Is there AMD miner for it atm?
If so, which platforms does it use (the miner)?
Thank you!

I think you are looking for this thread:

https://www.reddit.com/r/MoneroMining/comments/awx4jg/you_must_update_your_miners_for_the_march_9/

Thanks brother!
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March 04, 2019, 04:07:45 PM
 #40458

Very strange solution  Huh - Monero (XMR) mining tool Coinhive decides to shut down after Hard Fork

Coinhive announced that it will go out of service on March 9th before the hard fork, but it unclear why the hard fork influenced their decision because after the hard fork ASICs will no longer dominate mining which should actually be more profitable to Coinhive.

https://blockmanity.com/news/monero-xmr-mining-tool-coinhive-decides-to-shut-down-after-hard-fork/
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March 04, 2019, 06:44:50 PM
 #40459

In the last version of monero client 0.14 with application 1.1.3, it seems there is a bug with the change address: The change seems to not be correctly send.

Do not use Ledger Nano S with client 0.14 until more information is provided.

Source and discussion about it: https://www.reddit.com/r/Monero/comments/ax0pqt/alert_stop_using_ledger_with_014_client/

Very strange solution  Huh - Monero (XMR) mining tool Coinhive decides to shut down after Hard Fork

Coinhive announced that it will go out of service on March 9th before the hard fork, but it unclear why the hard fork influenced their decision because after the hard fork ASICs will no longer dominate mining which should actually be more profitable to Coinhive.

https://blockmanity.com/news/monero-xmr-mining-tool-coinhive-decides-to-shut-down-after-hard-fork/
Maybe there just wasn't enough users to continue with this. And isn't Coinhive open-sourced? If so, I assume you will still be able to use it.

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March 05, 2019, 01:49:25 AM
 #40460

what is "application 1.1.3"?
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