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

[farfiman]

Within a few years the entire MasterNode network can be controlled by a handful of operators

How many operators are there now?

Unknown, this lists 2119 MasterNodes but there's no way to tell if someone owns multiple MNs.

Wow- So over 2 Million coins (1000 per node) are set aside and off market.

[1715036323]

1715036323

[megges]

Within a few years the entire MasterNode network can be controlled by a handful of operators

How many operators are there now?

Unknown, this lists 2119 MasterNodes but there's no way to tell if someone owns multiple MNs.

I hope you don't think im trolling you, its not my intend.
But you as a respected person, who seems to be here for a while, even with developer skills should know it better.

Yeah im a "DRK-Shill" or what you people like me to call.

But if i read such thinks, i realy have to think that you have not thought about it, or you don't care. - Both ways you should not talk about DRK. It will backfire to you and xmr in the end.

I know perhaps the argument that you cant tell if someone owns multiple masternodes is pro DRK, but i just wan't to correct you because its not right.
For the most you can't tell who owns them, and if its a single entity.

BUT sometimes you can, and its very easy to spot, and you should have spotted that, too!

Look the DRK-Blockchain, and just wait, from time to time you will see masternode profits cashed out, and because of people are lazy they do the cashout in just one transaction, so they bundle all the profits from there masternodes in one transaction. E voila you can be sure these masternodes are owened by the same person (at least the person has access to the private keys of all these masternodes - and as we all know - the one who owns the private key is the owner of the address.)

so and now hate me for posting in your thread sry

[papa_lazzarou]

Lol, this is the first time I've been called a shill.

I own some Bitcoin and Monero, never been in the Darkcoin forums, I'm what you could call a Monero supporter (look at my history if it helps). I think you assumed incorrect things about me.  

Hey,

don't let this scare you away. I don't know what happened there, but we usually are friendly guys (and gals ). Please ask more questions!

@everyone
In my view we should all try and answer everyone's questions in the most civil manner, even if the way those questions are asked comes across a little trollish. Because there are real people out there that are not geeks, nor even technically inclined, and that sincerely desire of understanding all of this. We, as in all the honest cryptopeople, can't afford to let all the scammers and trolls get under our skin.

Pax!

[othe]

I really don't get this argument. 2300 * 5k = $11.5 million. Woopity friggin doo.

That's a naive calculation. If you want to enter the market now to run 2300 masternodes, you simply cannot obtain 2.3 million coins on the open market. The money required to obtain a sizable fraction of the masternode network is exponentially higher than $11.5 million.

And don't bring the black helicopters into this. By your same 'drop in the bucket' argument, unlimited hashing power can be bought and manufactured. Therefore, Bitcoin mining (or the mining of any other crypto) can be owned by a sufficiently determined nation state. Once they control what's written into the blockchain, it's curtains.

It's patently obvious from history that governments are not keen on relinquishing the power of the purse. I doubt they will build the hashes to pwn Bitcoin, so TPTB will just keep changing the laws to tame the public's interest.

You Darkcoiners and your logical errors, its fun.

They don't need to BUY coins; Darkcoin is essentially a Proof of Stake system and with it there come all the problems as proof of stake system brings you i.e. if you own a lot of coins (see below) you own the network.

They are a 3 letter agency, they will kindly ask Amazon, Digital Ocean etc. to give them access to masternodes
OR
They will kindly ask Cryptsy, Bitfinex, etc. to lend them their coldwallet of DRK
OR
They will confiscate them sooner or later a la SR
OR
They will hack and steal them.

Cost = 0 USD.

Whatever happens, you won't even notice it if they are clever.

Due to the way a PoS system works i.e. richer people get even richer they will own more and more nodes when the time goes by...In this case they will own the network forever and theres no way you can ever stop them.

I am not even sure why you think that they need to own masternodes to deanonymze it...It's not how i would do it.

[Macno]

I am a crypto investor, currently (!) favoring DRK over XMR.
After having spent quite some time reading the DRK thread, I had a very negative impression of XMR, which I had stopped following closely a while ago (was reading more the rpietila thread anyway) by reading obviously malicious repetitive FUD by XMR supporters. After reading a few pages here, my impression changed. Imho there are brilliant minds, idiots and trolls in both communities alike and whoever tries to depict one community as homogenous block of fanboys is misplaced (@smooth: I`d be really annoyed if Evan was behaving the way you do, though you are by far not the worst and I actually like reading you contributions, I you only could stop the slander and accept that really everyone is aware of the instamine and might draw different conclusions than you do, without being a stupid DRK fanboy).
I`d actually be interested in some of the DRK related posts in here being discussed over there and the other way around, but the parties involved do not seem to be able to discuss in a civilized way...the crypto world sometimes seems really silly and childish to someone like me comming from the investment world 1.0.

[fluffypony]

BUT sometimes you can, and its very easy to spot, and you should have spotted that, too!

Look the DRK-Blockchain, and just wait, from time to time you will see masternode profits cashed out, and because of people are lazy they do the cashout in just one transaction, so they bundle all the profits from there masternodes in one transaction. E voila you can be sure these masternodes are owened by the same person (at least the person has access to the private keys of all these masternodes - and as we all know - the one who owns the private key is the owner of the address.)

You are correct, sometimes you can make educated guesses, but what you're observing could also be a service that hosts MasterNodes on behalf of investors, for instance. In my previous hypothetical I would hope the operators have enough opsec to use different addresses for each MasterNode they own:)

I hope you don't think im trolling you, its not my intend.
But you as a respected person, who seems to be here for a while, even with developer skills should know it better.

Yeah im a "DRK-Shill" or what you people like me to call.

But if i read such thinks, i realy have to think that you have not thought about it, or you don't care. - Both ways you should not talk about DRK. It will backfire to you and xmr in the end.

I don't think you're trolling, I think you're applying some rigorous thinking to find corner-cases in my statement. If such rigorous thinking was applied to cryptocurrency architectural models or to the ethics demonstrated in their first 48 hours of existence...well, you'd find many cryptocurrency projects that don't exist.

Either way, I am not going to stop talking or criticising any cryptocurrency or project merely because someone thinks it's "classless". I would hope and expect that people have the brains and guts to level criticisms against Monero or even valid criticisms against me (actual criticisms, not ad hominem attacks). In fact, and you'll find this interesting, the only reason we even started looking at superlinear blockchain size reduction strategies was because of the insane amount of Darkcoin trolling in this thread 9 or 10 months ago where the only thing the trolls could repeatedly hammer on was Monero's blockchain bloat "problem". Otherwise we wouldn't have even spent much time considering it. Your criticisms make us better, and I thank you for that.

so and now hate me for posting in your thread sry

I don't, and you're welcome to post any time - it's not my thread any more than it is my cryptocurrency. I don't control any more than what the community allows me:)

[dewdeded]

http://www.reddit.com/r/DarkNetMarkets/comments/2mze55/list_of_features_for_a_better_darknet_market/

Please forward this link, to everyone involved developing the Monero fork of OpenBazaar or other Monero projects, - which are (fully or partly) aiming for acceptance and long-lasting adoption in the whole DarkMarket[Scene|Ecosystem] (= DM operators, buyers & vendors).

This list is a great end-user input (to the dev process) and should/can help alot to create something, that really gets adopted in the Dark Market. Because by providing these requested features, your software is creating real world benefits for all involved parties. It would give the DM community a strong motivation to atleast try it and ensure a real chance for "real world DarkMarket adoption".

Outside of the Monero project, I see alot of posters with very naive & unrealistic sentiments, about how easily their favorite coin is soon gonna rule the whole DarkNet.
(e.g. something like "DM markets & users will naturally very soon switch to xxxCoin, because we are the best and all the others suck").

[Shrikez]

For me it all boils down to trust. In my opinion, trust is the most important asset. It's hard to earn and easy to lose.

The Monero team has earned my trust. They earned it by being methodical in their development. They earned it by sticking to the social contract and not giving in to the fears of (big and important) holders that coin supply might be too high, including mine. They earned it by working on a solid foundation rather than measures to gain short term popularity.

And although sometimes I cringe at the conflict and arguably negative exposure these discussion may cause, I now trust them even more for sticking up for their beliefs, temporarily putting their reputation on the line. They understand that the effects of bad crypto will fall back on the whole ecosystem when the numbers and public exposure are high enough.

I feel good being invested in this coin. I feel motivated in this community, motivated to learn, to participate, to contribute.

It feels right.

[Macno]

For me it all boils down to trust. In my opinion, trust is the most important asset. It's hard to earn and easy to lose.

The Monero team has earned my trust. They earned it by being methodical in their development. They earned it by sticking to the social contract and not giving in to the fears of (big and important) holders that coin supply might be too high, including mine. They earned it by working on a solid foundation rather than measures to gain short term popularity.

And although sometimes I cringe at the conflict and arguably negative exposure these discussion may cause, I now trust them even more for sticking up for their beliefs, temporarily putting their reputation on the line. They understand that the effects of bad crypto will fall back on the whole ecosystem when the numbers and public exposure are high enough.

I feel good being invested in this coin. I feel motivated in this community, motivated to learn, to participate, to contribute.

It feels right.

+1
Well put and it is exactly the way I feel about DRK, but I am happy to read this, as it seems to be a serious competitor then, which is good for crypto as such. Might rebuy some XMR then ;-) Good luck to your community, let the market decide on the winner (or maybe both will find their market share)!

[Miki]

Static linux bins from OP don't and have never worked. They are not static!
Devs, if you need help compiling pm me, we need to get TAILS friendly bins on first page ASAP!

[fluffypony]

Static linux bins from OP don't and have never worked. They are not static!
Devs, if you need help compiling pm me, we need to get TAILS friendly bins on first page ASAP!

0.8.8.5 worked, we broke static builds during our Great CMake Fix of '8.8.6. This has been fixed in 0.8.8.7, so the next tagged release will work on Tails.

[GTO911]

Can we get Monero added as a Tails feature?

[fluffypony]

Can we get Monero added as a Tails feature?

They've only JUST added Electrum, they're extremely picky about what they'll add.

https://labs.riseup.net/code/issues/6739

[sdp]

Generally speaking, distributed shared library versions of Linux binaries only work when compiled with old versions of glibc.  Because if it turns out your system has a version of glibc which is older than what the binary was compiled for, it will refuse to run.  However, if I give you a binary from an distribution that has an older glibc it will work.

The promise of having three dimensional versions is that the major versions would change infrequently and only the implementation would change.  Well this major version changes too often.

The result is:  We compile everything not part of the core distribution and that which is part of the core distribution has all of the dependencies matched to the system they run on.

sdp

[GTO911]

http://www.reddit.com/r/Bitcoin/comments/304do8/tax_authority_demands_customer_data_from_bitcoin/

[Quicken]

http://www.reddit.com/r/Bitcoin/comments/304do8/tax_authority_demands_customer_data_from_bitcoin/

Creeping Bitcoin regulation always makes me think of this:

The more you tighten your grip, Tarkin, the more star systems will slip through your fingers.

[GTO911]

We better be ready to catch the money when BTC crumbles. The time is not far

[arnuschky]

Sorry for the crosspost, but I want to make sure that this reaches all the devs in the monero space:

We at XMR.TO are currently stabilizing our API to get it out of beta asap.
We hope that we can then progress with the integration of XMR.TO into other services (eg., wallets).

Developers, now is the time to make comments and suggestions! 

[iourzzz]

The total number of Cryptonic pure silver 2014 Moneroj will be limited to 108 coins, pure silver 2015 to 777 coins. By now 21 pure silver 2014 produced and at this moment 10 pure silver 2015 are in production.

https://bitcointalk.org/index.php?topic=984034.msg10871594#msg10871594

[Drhiggins]

Ok can someone explain to me or point me to a link that explains ring signatures.  What do they do?  Why is it important.   I understand the API, the View Keys, and the Transaction ID's  just need some clarification on the ring signatures.