[XMR] Monero - A secure, private, untraceable cryptocurrency

[Globb0]

and even below that level

with Atomic swaps its possible you wont use an exchange at all.

[Turing]

and even below that level

with Atomic swaps its possible you wont use an exchange at all.

True.

It's an interesting time to live in, with smart contracts, atomic swaps, privacy coins, etc.

[bbc.reporter]

@Termie
I'll quote 2 sentences from this article (https://decrypt.co/49182/ciphertrace-files-patents-for-tech-that-traces-monero-transactions), the impact is on 2nd.  

"But CipherTrace’s patents claim that transactions are entirely traceable.

The patents, however, have not been approved. "

https://twitter.com/davejevans/status/1330008956270374918

Dave Jevans CipherTrace CEO
@davejevans
CipherTrace filed their second patent application on Monero tracing techniques.  Nobody can deterministically trace Monero transactions yet.  But this lays the groundwork for meaningful results particularly for tracing large scale thefts & crime

I believe that this whole CipherTrace patent application circus is about milking a cash-cow called US (or any other) government. You know the lines:
" We are about to crack that bad boy Monero, we are in process of obtaining some groundbreaking patents, this is completely new technology, but we NEED more MONEY because all that development costs, you will profit in the long term, bla bla bla..."

Agreed and the Monero developers know that this is only another cat and mouse game. Patches will be released to plug the holes again and Ciphertrace's patents will be useless hehehe. However, I reckon of Ciphertrace is scamming the government, I encourage this hehehehe.

[Hueristic]

Agreed and the Monero developers know that this is only another cat and mouse game. Patches will be released to plug the holes again and Ciphertrace's patents will be useless hehehe. However, I reckon of Ciphertrace is scamming the government, I encourage this hehehehe.

There are no holes.

[bbc.reporter]

Agreed. I was only giving Ciphertrace the benefit as an example for the cat and mouse argument hehe. Also, assuming that they find a hole, thank you. The development team will patch it and fix similar to other software development for different projects.

[vivabux]

yes, the government will find them how to decrypt transactions on the monero network, perhaps they have already found them, and they themselves are already watching without problems

[Hueristic]

Weird how the criminals didn't use the so called "criminal coin".


https://cointelegraph.com/news/chinese-police-seized-crypto-assets-worth-4-2b-today-from-plustoken-ponzi

194,775 Bitcoin (BTC), 833,083 Ether (ETH), 1.4 million Litecoin (LTC), 27.6 million EOS, 74,167 Dash, 487 million XRP, 6 billion Dogecoin (DOGE), 79,581 Bitcoin Cash (BCH) and 213,724 Tether (USDT)

Thanks @Krubster for the link.

[bitebits]

The Bulletproofs+ proposal is fully funded; Dr. Sarang Noether will implement it in Monero. An audit is still needed after to confirm the safety of the implementation.

Bulletproofs+ will reduce typical transaction sizes by around 5% (96 bytes/transaction) with similar verification time.

https://charity.gofundme.com/o/en/campaign/dr-sarang-noether-to-implement-bulletproofs-in-monero
https://twitter.com/MagicGrants/status/1332502548444573696

Kudos to Cake Wallet, that put their money where there mouth is ($1000 donation)

[blue Snow]

can I create monero paper wallet? and how can i create offline wallet using monero wallet, any legit source to create one?.

I find this https://moneroaddress.org on internet, is create from the official monero developer?

[phishead]

can I create monero paper wallet? and how can i create offline wallet using monero wallet, any legit source to create one?.

I find this https://moneroaddress.org on internet, is create from the official monero developer?

Yes it is, it was created by luigi1111 (core dev) if I’m not mistaken.

Here’s a good reference to help you out:
https://www.monerooutreach.org/stories/monero-paper-wallet.html

[voteformeg]

i am very greatfull to hold some monero in my wallet but i still also have that old account from the beginning of monero , i will search for the seedphrase (i miss 1 word) and post it here , maybe there is a smarter guy then i am who can solve the problem with the missing seedword.

it should be possible to find the missing word , as far as i know it has something to do with different timeframes which used different word pakkages or some like that.

but still happy with the monero i hold in a wallet with original seedphrase

[dEBRUYNE]

i am very greatfull to hold some monero in my wallet but i still also have that old account from the beginning of monero , i will search for the seedphrase (i miss 1 word) and post it here , maybe there is a smarter guy then i am who can solve the problem with the missing seedword.

it should be possible to find the missing word , as far as i know it has something to do with different timeframes which used different word pakkages or some like that.

but still happy with the monero i hold in a wallet with original seedphrase

This Monero SE Q&A may interest you:

https://monero.stackexchange.com/questions/3968/missing-one-word-from-25-word-mnemonic-seed

[elrippos friend]

i think deeponion(ONION) will take over monero, because its really safe and anonymous. but monero has atm more volume

The next one who is bashing Monero with a more private coin but without a use case 

[blue Snow]

Yes it is, it was created by luigi1111 (core dev) if I’m not mistaken.

Here’s a good reference to help you out:
https://www.monerooutreach.org/stories/monero-paper-wallet.html

thanks for the answer, one more question, is monero using bip39 mnemonic seed?. Because I read that link using 25 mnemonic word.

i think deeponion(ONION) will take over monero, because its really safe and anonymous. but monero has atm more volume

you have to answer itself, why volume less than monero if more safe and anonymous?

[Hueristic]

Yes it is, it was created by luigi1111 (core dev) if I’m not mistaken.

Here’s a good reference to help you out:
https://www.monerooutreach.org/stories/monero-paper-wallet.html

thanks for the answer, one more question, is monero using bip39 mnemonic seed?. Because I read that link using 25 mnemonic word.

The answer to your question is in that link provided.

[bbc.reporter]

Weird how the criminals didn't use the so called "criminal coin".


https://cointelegraph.com/news/chinese-police-seized-crypto-assets-worth-4-2b-today-from-plustoken-ponzi

194,775 Bitcoin (BTC), 833,083 Ether (ETH), 1.4 million Litecoin (LTC), 27.6 million EOS, 74,167 Dash, 487 million XRP, 6 billion Dogecoin (DOGE), 79,581 Bitcoin Cash (BCH) and 213,724 Tether (USDT)

Thanks @Krubster for the link.

I am not certain if the purpose of that news is fud or hype. Are the bitcoin news media sites telling everyone that this is good because the Chinese government is hodling or are they telling everyone that those coins can be dumped anytime? However, those coins might have been dumped already with the help of Chaindigg, China's Chainalysis.

https://research.oxt.me/special-situation-report/1/preview

https://research.oxt.me/special-situation-report/2/preview

https://blog.chainalysis.com/reports/plustoken-scam-bitcoin-price

https://twitter.com/wublockchain/status/1332498136191938561?s=12

[Rolano]

https://xmr.ru/threads/1393/ (+ https://translate.google.com )
source https://cointelegraph.com/news/russias-new-crypto-analytics-system-to-track-dash-and-monero
Connoisseurs, please comment
bullshit or not?

[Millionero]

No way to tell if the claims of de-anonymizing Rem0no are bs or not.  There's zero technical information in those links.

[Globb0]

 always look at the choice of language.


Looking at the article

"A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins"

developing = proposal

Track is not decode

Claims are far and wide with "and XMR" so I think they don't know

[elrippos friend]

always look at the choice of language.


Looking at the article

"A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins"

developing = proposal

Track is not decode

Claims are far and wide with "and XMR" so I think they don't know

This leads me to the question, were is the cute little hacker who "showed" the nasty transactions, that´s more or less the same