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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4626612 times)
smooth
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July 19, 2015, 10:51:29 AM
 #25561

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.

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July 19, 2015, 11:06:33 AM
 #25562

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.



But back end matters. Why just not to release a full source code for everyone to check it.  If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
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July 19, 2015, 11:09:50 AM
 #25563

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.



But back end matters. Why just not to release a full source code for everyone to check it.  If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

It has been stated that it will be released.

For security of funds the back end does not matter. The transactions are created and signed in the front end. The back end simply relays them, which is no different in function from any other node.


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July 19, 2015, 11:19:32 AM
 #25564

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.



But back end matters. Why just not to release a full source code for everyone to check it.  If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

It has been stated that it will be released.

For security of funds the back end does not matter. The transactions are created and signed in the front end. The back end simply relays them, which is no different in function from any other node.


For the money transferring operation every part of source code matter. I do not know what do you have at back end => why should i trust you?
You may spy on my transactions (i don`t say you do), or do anything you want.
Also i can`t "play" with my own variant and verify security for my purposes, since there is no source code.
Close sourced wallet is a close sourced wallet.

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
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July 19, 2015, 11:25:15 AM
 #25565

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.



But back end matters. Why just not to release a full source code for everyone to check it.  If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

It has been stated that it will be released.

For security of funds the back end does not matter. The transactions are created and signed in the front end. The back end simply relays them, which is no different in function from any other node.


For the money transferring operation every part of source code matter. I do not know what do you have at back end => why should i trust you?
You may spy on my transactions (i don`t say you do), or do anything you want.

I'm pretty sure it is stated in the terms of service that MyMonero does monitor your transactions to some extent (indeed it has to in order to function). If you want the highest level of privacy you should use your own private wallet (and also take care to prevent network-level spying).

So there is no issue of security with spying, since that is part of the normal functioning.

If you are concerned about the security of your funds you can review the JavaScript to see that the private spend keys are never sent to the back end (only view keys are).
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July 19, 2015, 12:12:07 PM
 #25566

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.



But back end matters. Why just not to release a full source code for everyone to check it.  If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

It has been stated that it will be released.

For security of funds the back end does not matter. The transactions are created and signed in the front end. The back end simply relays them, which is no different in function from any other node.


For the money transferring operation every part of source code matter. I do not know what do you have at back end => why should i trust you?
You may spy on my transactions (i don`t say you do), or do anything you want.

I'm pretty sure it is stated in the terms of service that MyMonero does monitor your transactions to some extent (indeed it has to in order to function). If you want the highest level of privacy you should use your own private wallet (and also take care to prevent network-level spying).

So there is no issue of security with spying, since that is part of the normal functioning.

If you are concerned about the security of your funds you can review the JavaScript to see that the private spend keys are never sent to the back end (only view keys are).


Ok.
But anyway, some day i would like to see a source code. Wink

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
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July 19, 2015, 12:39:56 PM
 #25567


In addition to polo and bter, bittrex also supports it, along with hitbtc (not recommended), shapeshift, xmr.to. In the past Kozi's defunct exchange.to and mintpal did, and probably at least one or two other smaller/defunct exchanges.


Why is hitbtc not recommended?

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July 19, 2015, 01:35:28 PM
 #25568


In addition to polo and bter, bittrex also supports it, along with hitbtc (not recommended), shapeshift, xmr.to. In the past Kozi's defunct exchange.to and mintpal did, and probably at least one or two other smaller/defunct exchanges.


Why is hitbtc not recommended?

Many reports of faked volume (which I can confirm by my own experience trading there), problems with withdrawals (which I never experienced), etc.

Here's one post that cites a variety of sources reporting some of these problems:

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July 19, 2015, 02:29:06 PM
Last edit: July 19, 2015, 02:57:59 PM by kkraus69
 #25569

I've bought and sold many, many XDN (which I got on the cheap there Wink ) through HitBTC over the last year and have communicated with them as well over a withdrawal issue I once had a few months back which was quickly rectified. It's nice that I can deposit my XDN there with no confirmation wait unlike other exchanges. That being said, people should never store coins on any exchange. I've since withdrawn some XDN to try a new feature which let's me deposit to the blockchain.

My opinion of HitBTC is that it is one of my favorites.


In addition to polo and bter, bittrex also supports it, along with hitbtc (not recommended), shapeshift, xmr.to. In the past Kozi's defunct exchange.to and mintpal did, and probably at least one or two other smaller/defunct exchanges.


Why is hitbtc not recommended?

Many reports of faked volume (which I can confirm by my own experience trading there), problems with withdrawals (which I never experienced), etc.

Here's one post that cites a variety of sources reporting some of these problems:

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July 19, 2015, 03:04:04 PM
 #25570

mr Unknown becomes huuuuuge:

https://monerohash.com/#network

50.8% right now Shocked

btw this address, a known botnet:
Code:
47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

has allready mined 45k xmr on cryptmonero.com

not a lot when we consider how long it is allready up, but maybe the new version points at the unknown pool now.  both have this oscilating curve

XMR Monero
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July 19, 2015, 05:30:03 PM
 #25571


In addition to polo and bter, bittrex also supports it, along with hitbtc (not recommended), shapeshift, xmr.to. In the past Kozi's defunct exchange.to and mintpal did, and probably at least one or two other smaller/defunct exchanges.


Why is hitbtc not recommended?

Many reports of faked volume (which I can confirm by my own experience trading there), problems with withdrawals (which I never experienced), etc.

Here's one post that cites a variety of sources reporting some of these problems:

my personal experience with hitbtc : (paste from a previous post)
Quote
in february all withdrawal (btc,xmr...) were impossible during several weeks (don't remenber how many...). their communication was something like "our security is perhaps weak so the withdrawal are suspended, we inspect...".
Finally i can withdraw my funds the 24/02. nothing was lost but it was stressful.
and i also suspected a high proportion of "fake" trade but i haven't any proof.
i don't use hitbtc anymore and i will not.

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July 19, 2015, 09:01:17 PM
 #25572

mr Unknown becomes huuuuuge:

https://monerohash.com/#network

50.8% right now Shocked

btw this address, a known botnet:
Code:
47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

has allready mined 45k xmr on cryptmonero.com

not a lot when we consider how long it is allready up, but maybe the new version points at the unknown pool now.  both have this oscilating curve

now 57.1%

If have access to extra hashing poker please solo mine or support the smaller pools
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July 19, 2015, 09:06:46 PM
 #25573

mr Unknown becomes huuuuuge:

https://monerohash.com/#network

50.8% right now Shocked

'Unknown' doesn't mean an unknown pool, it could be 10 unknown pools or 10 000 people solo mining, or some combination of these. Really 100% being unknown is the ideal, although I'd feel much better about it with something like smart mining deployed and in widespread use.

Anyway, if you want to help the network, solo mine (even just one or two computers helps) or mine on small pools.
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July 19, 2015, 09:10:14 PM
 #25574

Let it be mentioned here also that I participated in a general shareholder meeting of a Finnish company today, and the decision was to liquidate all of the company's assets to BTC and cautiously acquire XMR with them. We know how to do it without disrupting the market (or if we need to disrupt it, you will notice).

The company already owns 1%+ of XMR.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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GetMonero.org / MyMonero.com


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July 19, 2015, 09:40:42 PM
 #25575

Ok.
But anyway, some day i would like to see a source code. Wink

Sure, how much are you looking to pay for it? Or did you think MyMonero appeared out of thin air and for no cost?

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July 19, 2015, 09:48:46 PM
 #25576

Ok.
But anyway, some day i would like to see a source code. Wink

Sure, how much are you looking to pay for it? Or did you think MyMonero appeared out of thin air and for no cost?

+1

We certainly welcome public domain wallet software to appear, but MyMonero is not such.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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July 19, 2015, 11:13:22 PM
 #25577

Let it be mentioned here also that I participated in a general shareholder meeting of a Finnish company today, and the decision was to liquidate all of the company's assets to BTC and cautiously acquire XMR with them. We know how to do it without disrupting the market (or if we need to disrupt it, you will notice).

The company already owns 1%+ of XMR.

Cthulhu arises!  Cheesy Shocked
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July 20, 2015, 01:37:32 AM
 #25578

Ok.
But anyway, some day i would like to see a source code. Wink

Sure, how much are you looking to pay for it? Or did you think MyMonero appeared out of thin air and for no cost?

+1

We certainly welcome public domain wallet software to appear, but MyMonero is not such.

It is pretty generous what you do already (Mymonero), since anyone with the knowhow can take your wallet javascript and make their own Monero wallet site.

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July 20, 2015, 01:51:48 AM
 #25579

MM time?

[XMR] Monero
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July 20, 2015, 01:54:51 AM
 #25580

Ok.
But anyway, some day i would like to see a source code. Wink

Sure, how much are you looking to pay for it? Or did you think MyMonero appeared out of thin air and for no cost?

+1

We certainly welcome public domain wallet software to appear, but MyMonero is not such.

It is pretty generous what you do already (Mymonero), since anyone with the knowhow can take your wallet javascript and make their own Monero wallet site.

yeah, like this guy did:

https://www.monerowallet.com/#/


< 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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