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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4540189 times)
jwinterm
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February 11, 2015, 09:17:27 PM
 #19801

...
Yes, they are different, but I mean in their architecture / composition - as in, does a payment ID have a specific nature compared to a viewkey. So if I sent someone my viewkey as a payment ID, could an algorithm search the blockchain and find a viewkey amongst the payment IDs?

I'm pretty sure that if you expose your viewkey for a Monero address/account, then in theory anyone can see all transactions associated with that address/account. As has been said many times, the tooling for this doesn't exist in simplewallet yet, but from what I understand by exposing your viewkey you are essentially making a public account.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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generalizethis
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February 11, 2015, 09:24:02 PM
 #19802

...
Yes, they are different, but I mean in their architecture / composition - as in, does a payment ID have a specific nature compared to a viewkey. So if I sent someone my viewkey as a payment ID, could an algorithm search the blockchain and find a viewkey amongst the payment IDs?

I'm pretty sure that if you expose your viewkey for a Monero address/account, then in theory anyone can see all transactions associated with that address/account. As has been said many times, the tooling for this doesn't exist in simplewallet yet, but from what I understand by exposing your viewkey you are essentially making a public account.

Link to Fluffy's explanation on reddit:

https://www.reddit.com/r/Bitcoin/comments/2tea5t/a_reminder_to_those_who_dont_want_a_bitcoin_that/cnygl3q

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February 11, 2015, 09:29:17 PM
 #19803

...
Yes, they are different, but I mean in their architecture / composition - as in, does a payment ID have a specific nature compared to a viewkey. So if I sent someone my viewkey as a payment ID, could an algorithm search the blockchain and find a viewkey amongst the payment IDs?

I'm pretty sure that if you expose your viewkey for a Monero address/account, then in theory anyone can see all transactions associated with that address/account. As has been said many times, the tooling for this doesn't exist in simplewallet yet, but from what I understand by exposing your viewkey you are essentially making a public account.

I'm pretty sure that if you expose your viewkey for a Monero address/account, then in theory anyone can see all transactions associated with that address/account

Right, but thats the point if one were to create this bond / certificate of deposit device.

You create a bond / CD by plopping a certain amount of monero into a new address. People then reward you for keeping it in there over time, and they validate that its in there by using the viewkey.

where the hell is the dude that proposed the bond measure in the first place?

(edited twice because I can't use "there/their" correctly)

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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February 11, 2015, 09:42:26 PM
 #19804

...
Yes, they are different, but I mean in their architecture / composition - as in, does a payment ID have a specific nature compared to a viewkey. So if I sent someone my viewkey as a payment ID, could an algorithm search the blockchain and find a viewkey amongst the payment IDs?

I'm pretty sure that if you expose your viewkey for a Monero address/account, then in theory anyone can see all transactions associated with that address/account. As has been said many times, the tooling for this doesn't exist in simplewallet yet, but from what I understand by exposing your viewkey you are essentially making a public account.

I'm pretty sure that if you expose your viewkey for a Monero address/account, then in theory anyone can see all transactions associated with that address/account

Right, but thats the point if one were to create this bond / certificate of deposit device.

You create a bond / CD by plopping a certain amount of monero into a new address. People then reward you for keeping it in there over time, and they validate that its in there by using the viewkey.

where the hell is the dude that proposed the bond measure in the first place?

(edited twice because I can't use "there/their" correctly)

There is here with a t, both are places

Their is heir with a t, both show ownership (though one is future ownership in most cases).

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February 11, 2015, 09:52:17 PM
 #19805


where the hell is the dude that proposed the bond measure in the first place?

(edited twice because I can't use "there/their" correctly)

aminorex proposed the bond, but i think there was not enough XMR pledged to make it worthwhile for him.

Until then, you can be your own "Monero Masternode" by buying and holding.  Cheesy

In other news, I noticed the Monero subreddit just gained about ~150 new subscribers in the past few days. It has been stagnant around 700 for months. Perhaps some new users are noticing the great potential of Monero.

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February 11, 2015, 09:56:07 PM
 #19806


where the hell is the dude that proposed the bond measure in the first place?

(edited twice because I can't use "there/their" correctly)

aminorex proposed the bond, but i think there was not enough XMR pledged to make it worthwhile for him.

Until then, you can be your own "Monero Masternode" by buying and holding.  Cheesy

In other news, I noticed the Monero subreddit just gained about ~150 new subscribers in the past few days. It has been stagnant around 700 for months. Perhaps some new users are noticing the great potential of Monero.

Wow! That thing was stagnant for months and BAM! Wonder what sparked it? Cryptodice? Unease in the Bitcoin privacy debate? Or just people getting real smart real fast?  Grin

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February 11, 2015, 11:50:38 PM
 #19807


where the hell is the dude that proposed the bond measure in the first place?

(edited twice because I can't use "there/their" correctly)

aminorex proposed the bond, but i think there was not enough XMR pledged to make it worthwhile for him.

Until then, you can be your own "Monero Masternode" by buying and holding.  Cheesy

In other news, I noticed the Monero subreddit just gained about ~150 new subscribers in the past few days. It has been stagnant around 700 for months. Perhaps some new users are noticing the great potential of Monero.

Wow! That thing was stagnant for months and BAM! Wonder what sparked it? Cryptodice? Unease in the Bitcoin privacy debate? Or just people getting real smart real fast?  Grin
There has been a huge price increase in darkcoin the last few days. Perhaps this attracted more interest in coins with focus on anonymity as a whole. People will be looking at the various alternatives and discover monero. Makes more sense to buy into a better / non-premine coin where there hasn't been a rally yet, and anyone buying monero today is getting in at the early adopter prices.

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February 12, 2015, 01:46:01 AM
 #19808

indeed... i've been monitoring no of nodes daily and look at what just blew my mind, there's more than what's on that screenshot but couldn't fit in... looks like interest in monero is picking up at a faster pace..



well coinbase proved itself to be one treacherous trojan horse in bitcoin community.. there were numerous reports on how they monitored some users' transactions and took action once they posed a threat to their KYC shit... i bet they've started datamining entire blockchain and monitor every move users make, the VCs that are pumping money are nothing but proxies for the government... so sooner or later the tide will turn to anonymous cryptos... just look at how banks are now turning hostile against cryptos..

aminorex proposed the bond, but i think there was not enough XMR pledged to make it worthwhile for him.

Until then, you can be your own "Monero Masternode" by buying and holding.  Cheesy

In other news, I noticed the Monero subreddit just gained about ~150 new subscribers in the past few days. It has been stagnant around 700 for months. Perhaps some new users are noticing the great potential of Monero.

Wow! That thing was stagnant for months and BAM! Wonder what sparked it? Cryptodice? Unease in the Bitcoin privacy debate? Or just people getting real smart real fast?  Grin
There has been a huge price increase in darkcoin the last few days. Perhaps this attracted more interest in coins with focus on anonymity as a whole. People will be looking at the various alternatives and discover monero. Makes more sense to buy into a better / non-premine coin where there hasn't been a rally yet, and anyone buying monero today is getting in at the early adopter prices.

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February 12, 2015, 01:53:51 AM
 #19809

Interest in Darkcoin will also drive interest in XMR.  XMR and DRK were both pumped together in May 2014 during the privacy-coin mania. When you do any research on one, you arrive at the other.

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February 12, 2015, 01:54:58 AM
 #19810

Interest in Darkcoin will also drive interest in XMR.  XMR and DRK were both pumped together in May 2014 during the privacy-coin mania.

I only disagree in that the current interest in DRK isn't really driven much by privacy (that's so 2014) but by the instant transaction feature.
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February 12, 2015, 02:13:50 AM
 #19811

Interest in Darkcoin will also drive interest in XMR.  XMR and DRK were both pumped together in May 2014 during the privacy-coin mania.

I only disagree in that the current interest in DRK isn't really driven much by privacy (that's so 2014) but by the instant transaction feature.


Instant transactions, huh? Bitcoin transactions are more or less instant after they're broadcast to a majority of nodes, aren't they? Is that what that is?

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Supply Inflation: <1.8%
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February 12, 2015, 02:18:06 AM
 #19812

People, forget Darkcoin. I think this comparision is turning very annoying.

Monero has to care about more its own issues, like GUI wallet, SPV wallet (in my experience, it's impossible to run bitmonerod because it eats a lot of CPU and more than 2 GB of RAM), eventual CryptoNote issues, media attention, etc.

Wasting time with comparision against Darkcoin won't make Monero a success. No doubt Monero is one of the best coins launched in 2014. But fighting with Darkcoin right now is a bad idea, it will just expose Monero's currently weakness. What makes Monero a great is not comparisions, but its technology about privacy and its talented developers.
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February 12, 2015, 02:52:05 AM
 #19813

People, forget Darkcoin. I think this comparision is turning very annoying.

Monero has to care about more its own issues, like GUI wallet, SPV wallet (in my experience, it's impossible to run bitmonerod because it eats a lot of CPU and more than 2 GB of RAM), eventual CryptoNote issues, media attention, etc.

Wasting time with comparision against Darkcoin won't make Monero a success. No doubt Monero is one of the best coins launched in 2014. But fighting with Darkcoin right now is a bad idea, it will just expose Monero's currently weakness. What makes Monero a great is not comparisions, but its technology about privacy and its talented developers.

except that I'm running bitmonerod with 104 megs of RAM



I don't think anyone mentioned we should fight with Darkcoin. I just think we end up explaining the differences betwixt the coins.


< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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February 12, 2015, 03:06:23 AM
 #19814

People, forget Darkcoin. I think this comparision is turning very annoying.

Monero has to care about more its own issues, like GUI wallet, SPV wallet (in my experience, it's impossible to run bitmonerod because it eats a lot of CPU and more than 2 GB of RAM), eventual CryptoNote issues, media attention, etc.

Wasting time with comparision against Darkcoin won't make Monero a success. No doubt Monero is one of the best coins launched in 2014. But fighting with Darkcoin right now is a bad idea, it will just expose Monero's currently weakness. What makes Monero a great is not comparisions, but its technology about privacy and its talented developers.

except that I'm running bitmonerod with 98 megs of RAM



I don't think anyone mentioned we should fight with Darkcoin. I just think we end up explaining the differences betwixt the coins.



Just trying to syncronize...

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February 12, 2015, 03:48:36 AM
 #19815

Welp, I'm using a test branch of whats known as the database build, which is technically still under development but has been running stable for me (and a bunch of other testers) for almost a month or so now.

I would suggest that if you wanted to run it, then there are ways to do it, but then I saw that you're in windows..... compiling in windows has not been easy for me (I didn't know how to do ANY of this in october when I discovered monero, so some things I still can't figure out).

Someone did manage to compile it in windows - I don't know if they posted it.

At this point, if you're stuck with using windows, I would highly suggest you investigate Ubuntu (rather than try and compile in windows). I used to think Linux was this big scary beast of a thing, what with the terminal, but now I prefer booting into Ubuntu. The Ubuntu release of linux is essentially like windows - fairly intuitive GUI. You can play with the terminal if you want to (say, if you're using monero!), but for other purposes you can use GUI.

I'm debating offering a service where I make Live USB drives for people with monero database build daemons installed on them. Lemme know if you're interested... i'm sure I can source a cheap 6 gig stick and put ubuntu and bitmonerod on it.

Alternatively, I just highly suggest you install ubuntu as a secondary operating system. That way, you can choose to boot into it on your PC - this, in a way, makes your cryptocurrency more secure. While your doing whatever it is you need to do in windows, do you really need access to your savings account?

Also, I recommend using www.mymonero.com as your checking account (easy access, easy to transfer monero). If you want your own private store, then go the ubuntu route.  

The alternative is to just wait until the GUI release.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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February 12, 2015, 03:52:24 AM
 #19816

Some of you may like this. Pretty obvious stuff but new.
https://www.youtube.com/watch?feature=player_embedded&v=ipe6CMvW0Dg

BITSLER                 ▄███
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[]
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February 12, 2015, 04:27:19 AM
 #19817

Welp, I'm using a test branch of whats known as the database build, which is technically still under development but has been running stable for me (and a bunch of other testers) for almost a month or so now.

I would suggest that if you wanted to run it, then there are ways to do it, but then I saw that you're in windows..... compiling in windows has not been easy for me (I didn't know how to do ANY of this in october when I discovered monero, so some things I still can't figure out).

Someone did manage to compile it in windows - I don't know if they posted it.

At this point, if you're stuck with using windows, I would highly suggest you investigate Ubuntu (rather than try and compile in windows). I used to think Linux was this big scary beast of a thing, what with the terminal, but now I prefer booting into Ubuntu. The Ubuntu release of linux is essentially like windows - fairly intuitive GUI. You can play with the terminal if you want to (say, if you're using monero!), but for other purposes you can use GUI.

I use Linux too (Arch), but in a very old computer which sometimes refuses to turn on. Anyway, it's 32 bits (Monero at least doesn't have a 32-bit binary version) and trying to compile myself is not something I would like to do (specially when there isn't a PKGBUILD). Also, its hard disk is very small (40 GB).


I'm debating offering a service where I make Live USB drives for people with monero database build daemons installed on them. Lemme know if you're interested... i'm sure I can source a cheap 6 gig stick and put ubuntu and bitmonerod on it.

Alternatively, I just highly suggest you install ubuntu as a secondary operating system. That way, you can choose to boot into it on your PC - this, in a way, makes your cryptocurrency more secure. While your doing whatever it is you need to do in windows, do you really need access to your savings account?

The another computer I have here is a notebook (this is what I'm using right now) which doesn't work well with Linux (problems with video drivers and overheating).

Also, I recommend using www.mymonero.com as your checking account (easy access, easy to transfer monero). If you want your own private store, then go the ubuntu route.  

Yeah, I know about this service and it works fine.

The alternative is to just wait until the GUI release.

And SPV wallet would be good too (specially if you want to go to mobile OS).
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February 12, 2015, 04:57:06 AM
 #19818

indeed... i've been monitoring no of nodes daily and look at what just blew my mind, there's more than what's on that screenshot but couldn't fit in... looks like interest in monero is picking up at a faster pace..



I agree with you, there are a huge number of nodes, and very few are accounted for by exchanges, pools, etc. Plus it doesn't count people who just participate by using MyMonero, exchanges, part time nodes, etc. It shows a lot of interest in the coin. The count seemed to increase a lot around mid December.
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February 12, 2015, 05:08:04 AM
 #19819

Someone is doing outreach for Darkcoin, so that might have contributed to the increased levels of interest.  Whoever is managing their Twitter account is actively seeking followers.

 
...Coinbase and uber love that "god mode."  ԅ(≖‿≖ԅ)


indeed... i've been monitoring no of nodes daily and look at what just blew my mind, there's more than what's on that screenshot but couldn't fit in... looks like interest in monero is picking up at a faster pace..



well coinbase proved itself to be one treacherous trojan horse in bitcoin community.. there were numerous reports on how they monitored some users' transactions and took action once they posed a threat to their KYC shit... i bet they've started datamining entire blockchain and monitor every move users make, the VCs that are pumping money are nothing but proxies for the government... so sooner or later the tide will turn to anonymous cryptos... just look at how banks are now turning hostile against cryptos..

aminorex proposed the bond, but i think there was not enough XMR pledged to make it worthwhile for him.

Until then, you can be your own "Monero Masternode" by buying and holding.  Cheesy

In other news, I noticed the Monero subreddit just gained about ~150 new subscribers in the past few days. It has been stagnant around 700 for months. Perhaps some new users are noticing the great potential of Monero.

Wow! That thing was stagnant for months and BAM! Wonder what sparked it? Cryptodice? Unease in the Bitcoin privacy debate? Or just people getting real smart real fast?  Grin
There has been a huge price increase in darkcoin the last few days. Perhaps this attracted more interest in coins with focus on anonymity as a whole. People will be looking at the various alternatives and discover monero. Makes more sense to buy into a better / non-premine coin where there hasn't been a rally yet, and anyone buying monero today is getting in at the early adopter prices.


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February 12, 2015, 05:45:36 AM
 #19820

Some of you may like this. Pretty obvious stuff but new.
https://www.youtube.com/watch?feature=player_embedded&v=ipe6CMvW0Dg

Cool piece.

I appreciate the share.
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