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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667465 times)
Blazin8888
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August 17, 2016, 05:55:39 PM
 #31381

When the GUI is released will there be a "one click mix" option? or an easy way to specify how much you want to mix and how much you will need to pay to mix that much?
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August 17, 2016, 06:11:30 PM
 #31382

When the GUI is released will there be a "one click mix" option? or an easy way to specify how much you want to mix and how much you will need to pay to mix that much?

It is not really mixing even though the current terminology is mixin.  Mixin denotes how many others sign the transaction besides you.  That is ring signatures.  These are transactions that have already happened.  Currently the minimum mixin is 2 which means your transaction will be signed by 2 others besides you.  They default minimum mixin will go to 4 in the future.  You can choose the minimum or a greater #.  What you choose can change the fee.  I don't know how the fee will be displayed on the new GUI.  Maybe others can comment on that or correct my explanation above.
Blazin8888
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August 17, 2016, 06:13:11 PM
 #31383

When the GUI is released will there be a "one click mix" option? or an easy way to specify how much you want to mix and how much you will need to pay to mix that much?

It is not really mixing even though the current terminology is mixin.  Mixin denotes how many others sign the transaction besides you.  That is ring signatures.  These are transactions that have already happened.  Currently the minimum mixin is 2 which means your transaction will be signed by 2 others besides you.  They default minimum mixin will go to 4 in the future.  You can choose the minimum or a greater #.  What you choose can change the fee.  I don't know how the fee will be displayed on the new GUI.  Maybe others can comment on that or correct my explanation above.


And these Ring Signatures help to keep my funds secure?
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August 17, 2016, 06:29:33 PM
 #31384

When the GUI is released will there be a "one click mix" option? or an easy way to specify how much you want to mix and how much you will need to pay to mix that much?

It is not really mixing even though the current terminology is mixin.  Mixin denotes how many others sign the transaction besides you.  That is ring signatures.  These are transactions that have already happened.  Currently the minimum mixin is 2 which means your transaction will be signed by 2 others besides you.  They default minimum mixin will go to 4 in the future.  You can choose the minimum or a greater #.  What you choose can change the fee.  I don't know how the fee will be displayed on the new GUI.  Maybe others can comment on that or correct my explanation above.


And these Ring Signatures help to keep my funds secure?

No the cryptology keeps it secure the ring sig keep it anon.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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August 17, 2016, 06:31:21 PM
 #31385

And these Ring Signatures help to keep my funds secure?
Answers here:
https://en.wikipedia.org/wiki/CryptoNote#Anonymous_transactions_and_ring_signatures
https://cryptonote.org/inside
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August 17, 2016, 06:51:21 PM
 #31386

When the GUI is released will there be a "one click mix" option? or an easy way to specify how much you want to mix and how much you will need to pay to mix that much?

It is not really mixing even though the current terminology is mixin.  Mixin denotes how many others sign the transaction besides you.  That is ring signatures.  These are transactions that have already happened.  Currently the minimum mixin is 2 which means your transaction will be signed by 2 others besides you.  They default minimum mixin will go to 4 in the future.  You can choose the minimum or a greater #.  What you choose can change the fee.  I don't know how the fee will be displayed on the new GUI.  Maybe others can comment on that or correct my explanation above.


And these Ring Signatures help to keep my funds secure?

ring sig keep it anon.

Teeechnically they make it untraceable. When untractability is combined with unlinkability that makes it private. When privacy is utilized to its fullest extent THAT makes it anon.


Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Blazin8888
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August 17, 2016, 07:42:05 PM
 #31387

When the GUI is released will there be a "one click mix" option? or an easy way to specify how much you want to mix and how much you will need to pay to mix that much?

It is not really mixing even though the current terminology is mixin.  Mixin denotes how many others sign the transaction besides you.  That is ring signatures.  These are transactions that have already happened.  Currently the minimum mixin is 2 which means your transaction will be signed by 2 others besides you.  They default minimum mixin will go to 4 in the future.  You can choose the minimum or a greater #.  What you choose can change the fee.  I don't know how the fee will be displayed on the new GUI.  Maybe others can comment on that or correct my explanation above.


And these Ring Signatures help to keep my funds secure?

ring sig keep it anon.

Teeechnically they make it untraceable. When untractability is combined with unlinkability that makes it private. When privacy is utilized to its fullest extent THAT makes it anon.



Thank you everyone. I see XMR as a good place for savings and long term holdings. - Good day - will be following along.
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August 17, 2016, 07:49:31 PM
 #31388

Why XMR vs DASH? - my final question.

Dash is like a leaking dam. First they took bitcoin then decided they were going to add coinjoin style mixing to it. So its like they took a machine and hammered it into the side of the dam. Of course that led to unforeseen problems, leaks if you will. So they come up with adhock solutions to each problem in turn, to continue the analogy, they threw crude patches on the leaks. These patches create new leaks so they patch those. So like imagine a guy trying to stick his fingers in the leaks in a dam but new ones keep popping up. You have just pictured the dash devs.

Cryptonote (the tech behind monero) on the other hand was designed with forethought and purpose as a comprehensive system for achieving its aims.

Also you can roughly think of monero as mixing with everyone else on the network rather than a group small enough to avoid being prohibitively large (like coinjoin).

Additionally coinjoin only offers (inferior to monero) untracability but still it has linkability. (*edit* this could be out of date, it would have been easy for them to copy monero in this regard, I bet they have) Monero offers untracability and unlinkability.

But I mean dash has better marketing. If you are into that. Roll Eyes

When the only advertising you can do for yourself is demeaning your competitors, what does that tell you?

Does Monero:
a) Offer instant transactions?
b) Pay for its own development?
c) Have a decentralized system of governance?
d) ...or even have a GUI?

Also, since Dash is such a leaky dam, you should have no problem discovering the origin address of this four round PrivateSend transaction: (TX ID: 59d51690d4b56ddbf1e393fa8d3a49bcfc3247f270f36be3b6ee411802666cba-000). It's actually a 0.25 DASH donation to your development fund. Maybe you can use it to work on a GUI. Or you know, something.

(Kinda pissed, actually, since that 0.25 DASH was just $1 at the time, and now it's worth $3.50. Shit!)

Dash - Digital Cash
https://www.dash.org/
spatula
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August 17, 2016, 07:53:19 PM
 #31389


Thank you everyone. I see XMR as a good place for savings and long term holdings. - Good day - will be following along.

Blazin8888 is the same guy who claims to have done a code review of XMR and DASH in the DASH thread. He must really know his stuff. He will make a quality addition to the XMR team.
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August 17, 2016, 08:13:19 PM
 #31390

Why XMR vs DASH? - my final question.

Dash is like a leaking dam. First they took bitcoin then decided they were going to add coinjoin style mixing to it. So its like they took a machine and hammered it into the side of the dam. Of course that led to unforeseen problems, leaks if you will. So they come up with adhock solutions to each problem in turn, to continue the analogy, they threw crude patches on the leaks. These patches create new leaks so they patch those. So like imagine a guy trying to stick his fingers in the leaks in a dam but new ones keep popping up. You have just pictured the dash devs.

Cryptonote (the tech behind monero) on the other hand was designed with forethought and purpose as a comprehensive system for achieving its aims.

Also you can roughly think of monero as mixing with everyone else on the network rather than a group small enough to avoid being prohibitively large (like coinjoin).

Additionally coinjoin only offers (inferior to monero) untracability but still it has linkability. (*edit* this could be out of date, it would have been easy for them to copy monero in this regard, I bet they have) Monero offers untracability and unlinkability.

But I mean dash has better marketing. If you are into that. Roll Eyes

When the only advertising you can do for yourself is demeaning your competitors


This is very obviously fallacious. I also didn't upload a video of myself hoola hooping and link that in the same post. I guess that means I cant hoola hoop either. Learn to think.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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August 17, 2016, 10:13:26 PM
Last edit: August 18, 2016, 01:09:03 AM by aminorex
 #31391

It's natural that some XMR afficionados would be very critical of DASH -- after all, we came, we saw, and we chose.  However, there is a thread -- multiple threads in fact -- for that controversy.  Let's keep it out of this thread, please.



If you ask me, the cute one wins.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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August 18, 2016, 02:59:02 AM
 #31392

When the GUI is released will there be a "one click mix" option? or an easy way to specify how much you want to mix and how much you will need to pay to mix that much?

It is not really mixing even though the current terminology is mixin.  Mixin denotes how many others sign the transaction besides you.  That is ring signatures.  These are transactions that have already happened.  Currently the minimum mixin is 2 which means your transaction will be signed by 2 others besides you.  They default minimum mixin will go to 4 in the future.  You can choose the minimum or a greater #.  What you choose can change the fee.  I don't know how the fee will be displayed on the new GUI.  Maybe others can comment on that or correct my explanation above.


And these Ring Signatures help to keep my funds secure?

ring sig keep it anon.

Teeechnically they make it untraceable. When untractability is combined with unlinkability that makes it private. When privacy is utilized to its fullest extent THAT makes it anon.



Of the three e-cash projects that have made it onto StackExchange:

- Bitcoin runs on drama.

- Ethereum runs on controversy.

- Monero runs on comedy.

 Grin


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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
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
dEBRUYNE
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August 18, 2016, 08:34:57 PM
 #31393

You can now buy Monero XMR with GBP (UK bank transfer) at CoinCut

http://blog.coincut.com/2016/08/17/buy-dash-ethereum-monero-gbp-wallets

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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August 18, 2016, 11:30:22 PM
 #31394

Does anyone want to take over the Hungary node?

https://monerohash.com/nodes-distribution.html

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languagehasmeaning
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August 19, 2016, 01:14:51 PM
 #31395

Please add a link for Monero Stack Exchange to the OP


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August 19, 2016, 02:57:19 PM
 #31396


This doesn't belong in this thread.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
dloghwak
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August 19, 2016, 03:09:32 PM
 #31397

Blazin8888 is spamming his offtopic altcoin advertisments in the whole forum since months. I reported him a couple of times, but then only the reported post itself gets deleted by the mods and he just keeps spamming.
The mods on bitcointalk just don't care at all.
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August 19, 2016, 03:09:57 PM
 #31398


Who the fuck cares when a scammer joins a random fucking site? Really ripple theifs joining steem scam and you think thats relevant? Spam

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August 19, 2016, 07:45:33 PM
 #31399

Люди дoбpыe, ecть кoшeль wallet v0.8.5.294(0.1-g56bb959) нe oбнoвлял пpимepнo пapy лeт (зaбыл - кaюcь) , тyт в тeмe пpoчитaл чтo был xapдфopк, Teпepь мнe мoжo зaбыть пpo мoнeтки нa кoшeлькe ? , или мoжeт ктo пoдcкaжeт кaк мoжнo oбнoвитcя бeз пoтepи мoнeт ?!
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August 19, 2016, 08:47:11 PM
 #31400

Люди дoбpыe, ecть кoшeль wallet v0.8.5.294(0.1-g56bb959) нe oбнoвлял пpимepнo пapy лeт (зaбыл - кaюcь) , тyт в тeмe пpoчитaл чтo был xapдфopк, Teпepь мнe мoжo зaбыть пpo мoнeтки нa кoшeлькe ? , или мoжeт ктo пoдcкaжeт кaк мoжнo oбнoвитcя бeз пoтepи мoнeт ?!
Google Translate from Russian:

Good people, there are purse wallet v0.8.5.294 (0.1-g56bb959) has not updated about a couple of years (I forgot - I confess), there is a thread that has been read hardfork, mozho Now I forget the coin on the purse? Or can someone tell me how you can upgrade without losing any coins!
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