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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4666803 times)
smooth
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February 19, 2015, 10:17:31 PM
 #20021

Before the long term solution explained by smooth is deployed, we could find a shorter term one. Currently the reason for people to choose mixin less than 3 is that it's cheaper. What if it was not? Fees in that case would be based on kb, but also on the fact that it's a little privacy cost to everyone.

We had that before with fixed fees, and people wanted variable to reduce fees on small transactions. Yes there could be a discount for higher mixing on the same size but let's be realistic about diminishing returns to adding too many short-term patches. Our plan for the most part is to focus on developing the best anonymity improvements for longer term.
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February 19, 2015, 10:27:08 PM
 #20022

chainradar uses 1 and 2 for what simplwallet calls 0 and 1. I'm using the simplewallet terminology.

I thought mixin 0 was deemed a good thing to have, for transactions that one wants to be unambiguous in terms of inputs used. Was that wrong then, or is it just deemed not worth the drawbacks ?
How would non ambiguous txes be done then ? Supply the one time key to whoever you want to see it ?

You can supply the one time key or you can sign a message using a one time key. The former would then allow others to sign messages, which might or might not be desirable. There are other ways of doing auditing too. We'll lay all this out in greater detail in the future.


nioc
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February 20, 2015, 12:07:42 AM
 #20023

I just checked Poloniex and the withdrawal fee is listed as 0.2 XMR
Hueristic
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February 20, 2015, 03:03:19 AM
 #20024

Same, uptrend is making me feel good as well since my BTC is gone and i cannot accumulate any more, I might sell a tiny bit XMR on spikes and buy back cheaper.

I'm not trusting my XMR on any exchange. Even though Polo is my most trusted. Tongue

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
jehst
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February 20, 2015, 03:58:20 AM
 #20025

Same, uptrend is making me feel good as well since my BTC is gone and i cannot accumulate any more, I might sell a tiny bit XMR on spikes and buy back cheaper.

I'm not trusting my XMR on any exchange. Even though Polo is my most trusted. Tongue

Recently, I was considering putting a bunch of XMR on BTER  to establish another market with decent liquidity.

I also traded on mtgox when it was the only exchange.

 I've gotten lucky quite a few times in this crypto-game. I try to remember that whenever I'm unlucky.  Don't trust anyone.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
onemorebtc
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February 20, 2015, 04:02:00 AM
 #20026

I've gotten lucky quite a few times in this crypto-game. I try to remember that whenever I'm unlucky.

bitcoin wealth stolen from me: 80% of all i ever had... luckily the price has gone up 100% from my baseprice - so i didnt loose. but kinda frustrating.... biggest reason why i always have fear if i send fiat to an exchange and dont do it as regular as in the beginning.

transfer 3 onemorebtc.k1024.de 1
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February 20, 2015, 10:46:05 AM
 #20027

Monero's 1 year birthday is approaching on April 18, 2015. How do you guys want to celebrate?

Party at the castle.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
Miki
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February 20, 2015, 11:27:38 AM
 #20028

Monero's 1 year birthday is approaching on April 18, 2015. How do you guys want to celebrate?

Party at the castle.

I'll be bringing a box of Cohiba torpedo's, been waiting for a special occasion to open it...  So, where's the castle at ? Smiley
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February 20, 2015, 11:31:13 AM
 #20029

Monero's 1 year birthday is approaching on April 18, 2015. How do you guys want to celebrate?

Party at the castle.

I'll be bringing a box of Cohiba torpedo's, been waiting for a special occasion to open it...  So, where's the castle at ? Smiley

A google search for "bitcoin castle" will show you quite well where's that, just.. you may need an invitation to actually get in there  Grin

..JAMBLER.io..Create Your Bitcoin Mixing
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coinits
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February 20, 2015, 11:31:28 AM
 #20030

Damn! TX Fee: 0.5 XMR  on poloniex.

Can some dev talk to them to lower the fee?

WTF? A < $0.14 fee for a transaction? Are you only buying one? They have to make a profit from their service dude. They are being more than fair.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
coinits
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February 20, 2015, 11:32:29 AM
 #20031

Monero's 1 year birthday is approaching on April 18, 2015. How do you guys want to celebrate?

Party at the castle.

I'll be bringing a box of Cohiba torpedo's, been waiting for a special occasion to open it...  So, where's the castle at ? Smiley

A google search for "bitcoin castle" will show you quite well where's that, just.. you may need an invitation to actually get in there  Grin

Got something against Estonia?

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
NeuroticFish
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February 20, 2015, 11:35:16 AM
 #20032

Got something against Estonia?

Omg no! Just .. imagine you have a castle and a guy comes to your door and tells "hey! i'm user38913 from the forums, can we go inside for a beer? ah, and a party?".

..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
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NeuroticFish
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February 20, 2015, 11:38:47 AM
 #20033

Damn! TX Fee: 0.5 XMR  on poloniex.

Can some dev talk to them to lower the fee?

WTF? A < $0.14 fee for a transaction? Are you only buying one? They have to make a profit from their service dude. They are being more than fair.

Actually I see 0.2 XMR fee and I find it quite big too. It was 0.1 for long time and I see no reason for increase.
When I do mine, I get less than 0.1 XMR / day.

They also get 0.2% per transaction, so I don't think that they are that poor. I start having a feeling that they actually have some reasons to want us (the small holders) keep the XMR in their exchange instead of our wallets...

..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
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wpalczynski
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February 20, 2015, 12:41:17 PM
 #20034

< 0.14$ is reasonable in my mind for the forced mixing of 3 at POL. which increases every ones anonymity.  And for the people who will say that they shouldn't be forced to make anonymous transactions if they don't want to all I can say is that Monero is a anonymous and private currency, it was always mean to be.  There are hundreds of other coins which don't offer this feature set and transactions are free or the fee is smaller such as DOGE, etc. use those.



Damn! TX Fee: 0.5 XMR  on poloniex.

Can some dev talk to them to lower the fee?

WTF? A < $0.14 fee for a transaction? Are you only buying one? They have to make a profit from their service dude. They are being more than fair.

Actually I see 0.2 XMR fee and I find it quite big too. It was 0.1 for long time and I see no reason for increase.
When I do mine, I get less than 0.1 XMR / day.

They also get 0.2% per transaction, so I don't think that they are that poor. I start having a feeling that they actually have some reasons to want us (the small holders) keep the XMR in their exchange instead of our wallets...

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February 20, 2015, 12:42:14 PM
 #20035

Damn! TX Fee: 0.5 XMR  on poloniex.

Can some dev talk to them to lower the fee?

WTF? A < $0.14 fee for a transaction? Are you only buying one? They have to make a profit from their service dude. They are being more than fair.

Actually I see 0.2 XMR fee and I find it quite big too. It was 0.1 for long time and I see no reason for increase.
When I do mine, I get less than 0.1 XMR / day.

They also get 0.2% per transaction, so I don't think that they are that poor. I start having a feeling that they actually have some reasons to want us (the small holders) keep the XMR in their exchange instead of our wallets...

well yes, generally, banks (or those mimicking some type of bank) want you to keep your money in their vaults, for whatever reason.

hence cryptocurrencies "be your own bank".

< 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 !!! @@@@
coinits
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February 20, 2015, 01:41:35 PM
 #20036

Got something against Estonia?

Omg no! Just .. imagine you have a castle and a guy comes to your door and tells "hey! i'm user38913 from the forums, can we go inside for a beer? ah, and a party?".

If I owned and you showed up in the middle of nowhere I would gladly give you a beer. You bring the women.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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February 20, 2015, 02:01:13 PM
 #20037

< 0.14$ is reasonable in my mind for the forced mixing of 3 at POL. which increases every ones anonymity.  And for the people who will say that they shouldn't be forced to make anonymous transactions if they don't want to all I can say is that Monero is a anonymous and private currency, it was always mean to be.  There are hundreds of other coins which don't offer this feature set and transactions are free or the fee is smaller such as DOGE, etc. use those.

You look at the problem from the wrong side, imho.
While other exchanges use 0.1-like fees, this fee doesn't actually help Poloniex either.

..JAMBLER.io..Create Your Bitcoin Mixing
Business Now for   F R E E 
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February 20, 2015, 02:11:08 PM
 #20038

Other exchanges don't force the mixing count of 3 and therefore don't increase the networks overall anonymity.  Anonymity and privacy don't come free and in this day and age with everything that is going on around us this is a tiny price to pay IMHO.

You are right, the benefit is not for the exchange rather the benefit is for the Monero network.

< 0.14$ is reasonable in my mind for the forced mixing of 3 at POL. which increases every ones anonymity.  And for the people who will say that they shouldn't be forced to make anonymous transactions if they don't want to all I can say is that Monero is a anonymous and private currency, it was always mean to be.  There are hundreds of other coins which don't offer this feature set and transactions are free or the fee is smaller such as DOGE, etc. use those.

You look at the problem from the wrong side, imho.
While other exchanges use 0.1-like fees, this fee doesn't actually help Poloniex either.

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February 20, 2015, 02:16:24 PM
 #20039

Monero got a deserving first-spot mention in this letstalkbitcoin blog-post:

https://letstalkbitcoin.com/blog/post/which-altcoins-and-why

I like the example they used to illustrate Monero, its perfect Cheesy
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February 20, 2015, 02:45:15 PM
 #20040

Monero got a deserving first-spot mention in this letstalkbitcoin blog-post:

https://letstalkbitcoin.com/blog/post/which-altcoins-and-why

I like the example they used to illustrate Monero, its perfect Cheesy

The guy doesn't have much clue seeing how he speaks of DRK, though. I find it so ridiculous when people happily throw away fluff terms like "instantX", "DarkSend 2", "Telepathy"...
I'm pleased the only fluffy thing we have in Monero is a pony.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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