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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4670873 times)
smooth
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January 08, 2016, 10:34:29 PM
 #28341


Forgive me, but I think I'm remembering somethings incorrectly... but weren't ring signatures already implemented in Monero before hand?

Ring signatures are inherent to the Monero protocol and achieve untraceability.

Ring Confidential Transactions hides the amounts (amounts are, even though obscured, still visibile on the blockchain and therefore an attack vector) as well, therefore strengthening the anonymity of Monero. CT basically solves a bunch of loose ends of Monero's anonymity.

Ring multi-signature is basically multi-signature (same idea as Bitcoin) for Monero including transactions with ring signatures (all those with mixin > 0). Previously, only multi-signature for transactions with mixin = 0 was possible. If I recall correctly, they will be indistinguishable from "regular" transactions. 

Hope all is clear now.

Oh ok, so it goes like this for the order of development of Monero's anonymity? :

1) Ring Signature  --> 2) CT --> 3) Ring multi-signatures?  I'm assuming 3 combines 1 and 2, plus being able to "sign" messages in a more abstract way?

Yes. Multisig means having multiple people signing a single transaction (e.g. 2/3 means two out of group of three people can spend coins in a wallet, but one person alone couldn't). It could theoretically be done without CT (instead of ring+CT+multi, just ring+multi) but it seems we are combining that with CT now.
GingerAle
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January 09, 2016, 12:31:13 AM
 #28342


Forgive me, but I think I'm remembering somethings incorrectly... but weren't ring signatures already implemented in Monero before hand?

Ring signatures are inherent to the Monero protocol and achieve untraceability.

Ring Confidential Transactions hides the amounts (amounts are, even though obscured, still visibile on the blockchain and therefore an attack vector) as well, therefore strengthening the anonymity of Monero. CT basically solves a bunch of loose ends of Monero's anonymity.

Ring multi-signature is basically multi-signature (same idea as Bitcoin) for Monero including transactions with ring signatures (all those with mixin > 0). Previously, only multi-signature for transactions with mixin = 0 was possible. If I recall correctly, they will be indistinguishable from "regular" transactions. 

Hope all is clear now.

Oh ok, so it goes like this for the order of development of Monero's anonymity? :

1) Ring Signature  --> 2) CT --> 3) Ring multi-signatures?  I'm assuming 3 combines 1 and 2, plus being able to "sign" messages in a more abstract way?

Yes. Multisig means having multiple people signing a single transaction (e.g. 2/3 means two out of group of three people can spend coins in a wallet, but one person alone couldn't). It could theoretically be done without CT (instead of ring+CT+multi, just ring+multi) but it seems we are combining that with CT now.

Monero's anonymity is already developed. Ct just makes it more awesome.

Multi signature is what smooth said, and is not really about privacy, but about human trust.

< 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 !!! @@@@
papa_lazzarou
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January 09, 2016, 12:32:41 AM
Last edit: January 09, 2016, 12:43:35 AM by papa_lazzarou
 #28343

Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 
Cablez
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January 09, 2016, 01:36:58 AM
 #28344

Here is another dumb question.  I have an old wallet from the earliest days of monero and I know there is no password associated with it.  I try to import it into 0.9 but it always asks for a password to access it upon simplewallet startup. What am I doing wrong here?

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
dEBRUYNE
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January 09, 2016, 01:43:24 AM
 #28345

Here is another dumb question.  I have an old wallet from the earliest days of monero and I know there is no password associated with it.  I try to import it into 0.9 but it always asks for a password to access it upon simplewallet startup. What am I doing wrong here?

I think there were some compatibility issues when importing really old wallets (before 0.8.8.5/6 and mnemonic seed got introduced) into new clients. If I recall correctly, Fluffypony or MoneroMooo had a little trick to convert it into a new wallet, but I am not entirely sure how to do it. Could you contact either of them on IRC or here on Bitcointalk via PM? I am confident they will be able to resolve your issue. Just make sure you don't lose the files and properly backup them.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
Cablez
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January 09, 2016, 01:54:14 AM
 #28346

Will do, thanks.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
ArticMine
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January 09, 2016, 04:04:06 AM
Last edit: January 09, 2016, 04:46:19 AM by ArticMine
 #28347

...

Monero's anonymity is already developed. Ct just makes it more awesome.

Multi signature is what smooth said, and is not really about privacy, but about human trust.

Multi signature is actually very important because it opens the door to a host of applications present in the Bitcoin blockchain, that were not possible before in Monero. The beauty of this is that these applications can now benefit from the transaction fungibility and privacy of Monero. It is a really cutting edge technology in a PoW crypto currency.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
dnaleor
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January 09, 2016, 04:10:12 AM
 #28348

Monero's anonymity is already developed. Ct just makes it more awesome.

not only more awesome, it really solves some privacy issues that actually exist currently in Monero:
weuse.cash/2016/01/09/tying-up-loose-ends-with-ringct/
KLONE
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January 09, 2016, 06:26:58 AM
 #28349

Here is another dumb question.  I have an old wallet from the earliest days of monero and I know there is no password associated with it.  I try to import it into 0.9 but it always asks for a password to access it upon simplewallet startup. What am I doing wrong here?

I think there were some compatibility issues when importing really old wallets (before 0.8.8.5/6 and mnemonic seed got introduced) into new clients. If I recall correctly, Fluffypony or MoneroMooo had a little trick to convert it into a new wallet, but I am not entirely sure how to do it. Could you contact either of them on IRC or here on Bitcointalk via PM? I am confident they will be able to resolve your issue. Just make sure you don't lose the files and properly backup them.

I have an old first gen wallet too, so am interested in how to import into 0.9 ver also. Can the info be made public?
thanks
GreekBitcoin
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January 09, 2016, 06:31:52 AM
 #28350

Quote

I have an old first gen wallet too, so am interested in how to import into 0.9 ver also. Can the info be made public?
thanks

I just open the wallet and it said something like 'converting the wallet'. I dont remember the words. Then simplewallet exited. And then i reopened it and worked fine. Took some time to check all the blocks.
dEBRUYNE
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January 09, 2016, 11:45:31 AM
 #28351

Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 

Seems like Moneroblocks.info is up and running. Moneroblocks.info replaces Moneroblocks.eu.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
medusa13
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hello world


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January 09, 2016, 03:27:38 PM
 #28352

Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 

Seems like Moneroblocks.info is up and running. Moneroblocks.info replaces Moneroblocks.eu.

the logo in top left corner still points at moneroblocks.eu. i use it a lot to navigate, please change.


something completely different: with the coming hardfork, trx will get bigger. are there plans to adapt fees? fees are allready high, we should lower it in my opinion.

XMR Monero
GingerAle
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January 09, 2016, 04:53:05 PM
 #28353

Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 

Seems like Moneroblocks.info is up and running. Moneroblocks.info replaces Moneroblocks.eu.

the logo in top left corner still points at moneroblocks.eu. i use it a lot to navigate, please change.


something completely different: with the coming hardfork, trx will get bigger. are there plans to adapt fees? fees are allready high, we should lower it in my opinion.


What we need to do is find a solution that doesn't require human intervention. Unfortunately this is uncharted territory and the primary datastream for this type of modification is uncoupled from the blockchain (not in phase... out of stream... what the hell was the terminology?).


In the technical discussion thread I tried to collect our thoughts so far:
https://bitcointalk.org/index.php?topic=1139756.0

< 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 !!! @@@@
smooth
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January 09, 2016, 07:47:19 PM
 #28354

Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 

Seems like Moneroblocks.info is up and running. Moneroblocks.info replaces Moneroblocks.eu.

the logo in top left corner still points at moneroblocks.eu. i use it a lot to navigate, please change.


something completely different: with the coming hardfork, trx will get bigger. are there plans to adapt fees? fees are allready high, we should lower it in my opinion.

Fees for a "typical" (3-4 kB) transaction are 1-2 USD cents.

There is no such thing as perpetual motion. If you are using resources in the system it is reasonable to expect to pay for them, with 1-2 cents not being even close too high.

Or to put it another way, you can send virtually any amount to anyone, anywhere in the world, relatively quickly, and be extremely private about it for well under 1 USD (even assuming much larger tx size, but in most cases still just a few cents). Sounds like a great bargain to me.
Cablez
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January 09, 2016, 07:54:19 PM
 #28355

Quote

I have an old first gen wallet too, so am interested in how to import into 0.9 ver also. Can the info be made public?
thanks

I just open the wallet and it said something like 'converting the wallet'. I dont remember the words. Then simplewallet exited. And then i reopened it and worked fine. Took some time to check all the blocks.

Did not work here. Keeps asking for a password that doesn't exist.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
saddambitcoin
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January 09, 2016, 08:32:12 PM
 #28356

Even though the old wallet does not have a password, have you tried entering one?

If so, what was the error message?

pa
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January 09, 2016, 08:52:01 PM
 #28357

Quote

I have an old first gen wallet too, so am interested in how to import into 0.9 ver also. Can the info be made public?
thanks

I just open the wallet and it said something like 'converting the wallet'. I dont remember the words. Then simplewallet exited. And then i reopened it and worked fine. Took some time to check all the blocks.

Did not work here. Keeps asking for a password that doesn't exist.

It may be asking for a new password for a new updated wallet file.
Cablez
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January 09, 2016, 11:15:20 PM
 #28358

Well I haven't set up a 'new' (non-deprecated) wallet account yet on 0.9. I was just trying to import old wallets to the newest software for balance checks.

I have tried using nothing and also random passwords but simplewallet always gives the same error. 'Failed to load: invalid password.'  This has me stumped considering others success.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
papa_lazzarou
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January 10, 2016, 12:11:36 AM
 #28359

Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 

Seems like Moneroblocks.info is up and running. Moneroblocks.info replaces Moneroblocks.eu.

the logo in top left corner still points at moneroblocks.eu. i use it a lot to navigate, please change.


Done. Thanks.
jwinterm
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January 10, 2016, 03:54:39 AM
 #28360

Well I haven't set up a 'new' (non-deprecated) wallet account yet on 0.9. I was just trying to import old wallets to the newest software for balance checks.

I have tried using nothing and also random passwords but simplewallet always gives the same error. 'Failed to load: invalid password.'  This has me stumped considering others success.

This seems like a strange error, maybe possible edge case where an empty string password wasn't expected.

Can you just import/open the wallet in the previous version (0.8.8.6 or older), and then move the coins to a new wallet, as a possible workaround?
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