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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4541405 times)
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February 12, 2015, 05:49:46 AM
 #19821

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.

NP Wink

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February 12, 2015, 05:51:21 AM
 #19822

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...



You may want to try Monero Client .NET with a remote daemon Wink

Guide: https://bitcointalk.org/index.php?topic=683365.msg10418211#msg10418211

Code:
Monero  (XMR): 47hK4gehaMrFTQCiV5FEmM54hpqTrdHudb9nUBG88NicBDpxH4TGuh3TmW84Dc6dpMiEiBLGvJCuT3xC3LNHctmx7mG8NLM
Bitcoin (BTC): 14wHehBtFt321WTV15khon8Juaxh9drnfJ
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February 12, 2015, 06:17:34 AM
 #19823

Guys, the idea of building a forum from the scratch was nice. However it doesnt work. Even someone from the core team said that it failed. It is 2015 and lacks basic features that every forum in the world have. It is simply not productive.

Please, create a simple, built in 15 minutes, forum like this one. Let a community to be built. Let projects and ideas to be discussed.

Seriously guys, do it now please.
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February 12, 2015, 07:03:03 AM
 #19824


You may want to try Monero Client .NET with a remote daemon Wink

Guide: https://bitcointalk.org/index.php?topic=683365.msg10418211#msg10418211

Thanks, I'll try it later.
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February 12, 2015, 08:29:08 AM
 #19825

Would anyone like to buy www.xmr.website domain name?
PM me an offer.
Monero accepted as payment  Smiley

Selling NordVPN account with premium sub - expires 2021! PM me to buy.
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February 12, 2015, 09:16:54 AM
 #19826

Someone posted this in BBR thread about contracts in cryptonote protocol : https://drive.google.com/file/d/0B75gaqtEgDR8UHU2UVJ6TkYzMnRkdFFsbklBd3hVMDV1eDQw/view?pli=1
 I think someone of the dev team should try to contact this guy, and maybe works with the BBR dev with this guy
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February 12, 2015, 09:57:47 AM
 #19827

Would anyone like to buy www.xmr.website domain name?

Oh please, not another website again, please no...
We have too many of the damn things already.


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February 12, 2015, 10:46:57 AM
 #19828

Would anyone like to buy www.xmr.website domain name?

Oh please, not another website again, please no...
We have too many of the damn things already.

Not a website, it's a domain name.
And, who are "we"?
You and ...?

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February 12, 2015, 10:59:01 AM
 #19829

Not a website, it's a domain name.
And, who are "we"?
You and ...?

I kinda expect that there 'd be a website on it, though you could certainly use it for FTP, IRC, whatever. Usually these are for websites though, especially when they're in the website top level.
And while these things are typically aimed at the general public interested in browing the website, I concede that you could also make it a private site. I just also expect that such a website (assuming the domain name would be used for one!) would be aimed at people interested in monero as a whole, and not just one person ?

Assumptions, I agree. Maybe unreasonable ? I didn't think so, but you clearly did Smiley

Edit: sorry, I could not resist the trolling as the reply was so uppity, but I won't do it again Tongue The first post is obviously my opinion, I won't be offended if you think we need another, er, domain name of course.


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February 12, 2015, 11:19:16 AM
 #19830

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.


Wasn't mid December when people started test driving the DB? That bodes well for when the DB gets released.

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February 12, 2015, 11:55:39 AM
 #19831

So how far are we from a finally ready implementation of the DB?
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21 million. I want them all.


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February 12, 2015, 12:13:45 PM
 #19832

The db is being tested.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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February 12, 2015, 12:29:19 PM
 #19833

So how far are we from a finally ready implementation of the DB?

The DB has been stable for about a month.  Windoze ports are the next milestone.


(TM)


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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February 12, 2015, 01:30:24 PM
 #19834

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)

Help test Monero Client .NET with its new remote daemon feature. It's making great progress. I'm running into a freezing issue when sending transactions with it, though, so it'd be great to have others test it and see if they can reproduce the same behavior.

Make sure to get v0.41.1 here: https://github.com/Jojatekok/MoneroGui.Net/releases/tag/v0.41.1
And then follow the guide here: https://bitcointalk.org/index.php?topic=683365.msg10418211#msg10418211
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February 12, 2015, 01:32:28 PM
 #19835

So how far are we from a finally ready implementation of the DB?

The DB has been stable for about a month.  Windoze ports are the next milestone.


I've been running the database version on windows on and off for a month or so with no real issues, except that occasionally bitmonerod hangs on exit, which is apparently something that happens in general, not just on db version.
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February 12, 2015, 01:46:06 PM
 #19836

He already tried to ask the devs to implement that on Monero but the whitepaper had too many flaws.

Is he working on fixing the flaws?

A few years ago I got the 49ers winning the superbowl at 7 to 1 odds--by the time the superbowl arrived the 49ers were favored over the Ravens and I thought, "Why can't I sell the better odds to people betting on the game and make a buck off my early odds?"

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February 12, 2015, 01:51:12 PM
 #19837

He already tried to ask the devs to implement that on Monero but the whitepaper had too many flaws.

Is he working on fixing the flaws?

A few years ago I got the 49ers winning the superbowl at 7 to 1 odds--by the time the superbowl arrived the 49ers were favored over the Ravens and I thought, "Why can't I sell the better odds to people betting on the game and make a buck off my early odds?"

I don't think he contacted us.
We could discuss everything on irc, but so far he never made an attempt to contact us directly.

And yes there are some flaws in the whitepaper and everything has to be discussed in depth but generally speaking colored coins for xmr are not hard todo.

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February 12, 2015, 04:52:34 PM
 #19838

So how far are we from a finally ready implementation of the DB?

The DB has been stable for about a month.  Windoze ports are the next milestone.


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Okay, the most fun part will start after the DB and then wallet comes out, that is getting the word out and inviting new people. I have lots of ideas but looks like we have to wait impatiently for the client GUI for quite some time.

Have been waiting since tft announced, even the official facebook page was registered by me Tongue

We have come a long way Smiley
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February 12, 2015, 06:58:37 PM
Last edit: February 12, 2015, 07:44:37 PM by David Latapie
 #19839

Hey gents,

I decided some days ago to propose my previous Reddit writings in a more standalone version. They are now available on my website, and you are free to change the CSS for something more adapted for offline reading, for sharing with people curious about Monero, for advocacy, whatever.

http://david.latapie.name/static/cryptos/XMR/monerodocs-threepillarsofmonero.html
http://david.latapie.name/static/cryptos/XMR/monerodocs-whatisopenalias.html
http://david.latapie.name/static/cryptos/XMR/monerodocs-whyistheofficialguiwalletnotreleasedyet.html

And I just published a fourth paper (I will create a standalone version later), the value of Privacy http://www.reddit.com/r/Monero/comments/2vofl9/the_value_of_privacy/


Quote
Privacy is a virtue, especially when you can turn it on or off at will.

If you utter the word “privacy” regarding Internet (and thus, cryptocurrencies), some people will immediately think "drugs" or even "pedo-pornography". And you will hear the famous "I have nothing to hide". Let’s debunk this.

First, whether or not we have something to hide, we almost certainly have something to protect. Second, not only is privacy nice, but privacy is actually necessary for society. And third, privacy is a right and like any right, you can turn it off if you want - and this is exactly what Monero offers, optional transparency.


Something to protect
Let me show some perfectly legitimate reasons for privacy.

As an individual, you may not want to be targeted based on your spending habits or your location. Perhaps you don't want your family (or ex-family!) to know with whom or at what you are spending your money, especially some sensitive things. There are many reasons, (not comfortable with it, spoiling relationships, blackmailing/kidnapping-magnets...), you may prefer people to ignore how much you earn. You'd rather avoid "neighbours gossipping that you don't give enough to your church or that you spend too much on porn" (Gregory Maxwell). Your landlord should not be able to scan the blockchain to discover you got a raise and so decide to increase the rent, nor should your employer know which NGO you support.

As a company, you don't want competition to know that you signed a contract or to be able to discover trade secrets just by analysing the block chain (customers, supplies purchases, payroll, margins...).

For anyone, there is the risk of accidentally stumbling on tainted money (like what happened to this coinbase user). Go explain to a judge that "you didn't know". After all, if anyone can trace the money, this means that you should have traced it too, right?

And finally, for the cryptocurrency itself, lack of privacy means giving more power to miners than they are supposed to have. If they can identify via the chain, they may "start to impose blacklists, whitelists, redlists, and other intrusive requirements on transactions. [...] Too much mixing? No "SafeChain approved" tag? Etc. Sorry, your transaction never gets into a block." (smooth, who also explains here why we have a tail emission).Remember: evil bit doesn’t exist.

Countless studies have proved that people behave differently when they know they might be watched. Sure, it means they will think twice before committing heinous acts, but it also means they will think twice before acting freely.


The value of privacy
Privacy is not just comfort. Despite all of our rambling about its deliquescence, most of us live in a wealthy First World nation. War-torn countries and totalitarian regimes are places where freedom of press is punishable, sometimes by death, for the journalists but also (and we tend to forget it), for the local informants. When we say we want Monero to be scalable, this also means that those people can use it.

We put so much care into making the blockchain technology resilient from technical failures, but make no effort to make it resilient to political and social failures.


Optional transparency
Privacy is not black and white. There are some cases when you do want transparency. Your company may need to be audited, and a charity or government may wish to, or even be required to, make its accounts publicly visible. Here a transparent blockchain would be acceptable.

But what if you don't want anyone to find out, just a restricted set of persons, like the tax office, the auditors, the shareholders or the charity members? Or, for individuals, what if, as a parent, you would like to monitor what you kids are spending the money you gave them on? You would certainly not want other person to know (this would avoid the drama of children comparing their spendings in the playground, too). In all of these cases, a mandatory transparent blockchain is not a solution.

Monero has a mechanism to address these two situations - the viewkey. A viewkey is a simple file that allows someone in his possession a read-only access to the wallet. This will tell you the balance, the deposits and the withdrawal, but still won't give you the origin and the destination of the transaction, so that the rest of the network is not compromised. If you want to audit a transaction, you can ask the viewkey of both parties and you're set. And if complete access to both wallet is too much (if you only need to verify a given transaction), details of a transaction can be revealed via a similar mechanism on a per-transaction basis. So, you can decide the level of access: everyone, someone, no one.

What does it mean, on top of additional freedom? This means that since Monero plays fair with everyone, governments wouldn't need to outlaw it, as law enforcement could still be given the tools to investigate illicit transactions (although they'd need to ask for the person's viewkey first, but that's no different than asking for someone's password to reveal incriminating evidence on their computer). It is of particularly importance considering attacking a major crypto is surprisingly easy and within a State's reach (and even more so in the case of a coalition).This is what real privacy is about. Caring for all parties involved.



Oh, one more thing: in our blockchain-powered internet of things future (IBM, [Szabo](unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html)], opaque blockchain would help avoiding the pervasive monitoring Snowden revealed to us. You would certainly not want every burglar to know when you are home just by scannng the blockchain, right? Just give the viewkey to selected devices and you’re fine.

Privacy matters.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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February 12, 2015, 09:28:30 PM
 #19840

Selling domain monerowallet.com, payment in monero, pm me your offers
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