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

[dEBRUYNE]

Monero Research Lab Whitepaper - Subaddresses

https://github.com/b-g-goodell/research-lab/blob/master/publications/bulletins/MRL-0006-subaddy/MRL-0006-subaddresses.pdf (direct link!)


Purism Collaborates with Cryptocurrency Monero to Enable Mobile Payments

https://puri.sm/posts/purism-collaborates-with-cryptocurrency-monero-to-enable-mobile-payments/


List of sources you need to comprehend Monero and get involved - by ErCiccione

https://www.reddit.com/r/Monero/comments/766jwa/list_of_sources_you_need_to_comprehend_monero_and/

[1714019172]

1714019172

[bityinvestor]

Can someone give more insights about the privacy/unttracebility of XMR compared with DeepOonion?
I use TOR network offten while I am online so I know it is very safe/secure. Any more knowledgable person here about this two?
DeepoNion has also strong community I see so tempting price at this moment

[Anon136]

Can someone give more insights about the privacy/unttracebility of XMR compared with DeepOonion?
I use TOR network offten while I am online so I know it is very safe/secure. Any more knowledgable person here about this two?
DeepoNion has also strong community I see so tempting price at this moment

Well you know I just read a paper earlier today, Monero Research Lab Whitepaper - Subaddresses, (it was liked a few posts up) that had a relatively concise while comprehensive overview of exactly the question you are asking here, so I think I will use it here.

Privacy within Monero transactions is achieved by three primary constructions: ring signatures, one-time keys, and amount commitments. The use of ring signatures ensures that an attacker cannot determine the actual input public key used in the transaction, as it is obscured by the presence of randomly chosen input public keys [3]. Amount commitments use homomorphic properties to guarantee that while a third party is not able to determine the amount of a transaction output, it can prove that the transaction inputs and outputs are balanced. When combined with a range proof to ensure that the output is within a defined and valid range, commitments mask transaction amounts while avoiding misuse by a malicious spender. One-time keys are generated using transaction parameters and the recipient’s published wallet address, and are intended to make it impossible for anyone but the recipient to identify the destination of transactions or spend the resulting funds.

It will be four instead of three "primary constructions" once we get korvi up and running. Korvi development is fully funded and chugging along. Once it is completed monero will also have the same sort of privacy tool offered by DeepOnion (arguably better since i2p is arguably better than tor) in addition to all of the already mentioned.

Basically the long and short of it is that all the other privacy focused projects out there are amateur hour compared to monero. Nothing even comes close. Not even in the same galaxy as monero. I wish more people understood. I feel so bad for them getting led astray by fancy marketing.

[jwinterm]

Can someone give more insights about the privacy/unttracebility of XMR compared with DeepOonion?
I use TOR network offten while I am online so I know it is very safe/secure. Any more knowledgable person here about this two?
DeepoNion has also strong community I see so tempting price at this moment

Besides what Anon136 said, it's pretty easy to run Monero over Tor, as full node or using remote node for lightwallet:
https://www.reddit.com/r/Monero/comments/4z3ced/guide_to_using_monero_with_tor_correctly/

[smooth]

Can someone give more insights about the privacy/unttracebility of XMR compared with DeepOonion?
I use TOR network offten while I am online so I know it is very safe/secure. Any more knowledgable person here about this two?
DeepoNion has also strong community I see so tempting price at this moment

Besides what Anon136 said, it's pretty easy to run Monero over Tor, as full node or using remote node for lightwallet:
https://www.reddit.com/r/Monero/comments/4z3ced/guide_to_using_monero_with_tor_correctly/

Note by the way that the special measures required there to prevent leakage of the node ID no longer apply. This was fixed in the code and the node ID is randomized at each startup (for any recent version of the code that will even function on the network at the current fork level).

[raoulsergia]

this project is looking real great now. last year it was still one of the most watched project but now its growing everyday.

hope we can get into top 5 by 2018! 

[7jaka7]

this project is looking real great now. last year it was still one of the most watched project but now its growing everyday.

hope we can get into top 5 by 2018!  

True very good project.
(top 5 by market cap?) I hope it's price won't grow so fast so I can collect as much as possible I believe in 10 years Monero will be private currency with biggest market cap.

[Globb0]

this project is looking real great now. last year it was still one of the most watched project but now its growing everyday.

hope we can get into top 5 by 2018! 

True very good project.
(top 5 by market cap?) I hope it's price won't grow so fast so I can collect as much as possible I believe in 10 years Monero will Continue to be top private currency.

Fixed that for you. 


No problem.

/Globb0

[Hueristic]

http://www.businessinsider.com/intel-just-challenged-ibm-for-the-future-of-quantum-computing-2017-10

Intel’s director of quantum hardware, Jim Clarke, holds the new 17-qubit superconducting test chip

Surprised this hasn't been posted yet. I've been catching up with the last weeks tech news and this is worth keeping an eye on, it seems to be developing faster than anyone predicted.

[adamvp]

how long does is take to start using monero on average computer..
inter core i3 8gb ram 10mbps bandwidth. .
Do we have to download full blockchain or there's a option to prune?

[Anarchy101]

Today is the first time I withdrew my XMR from an exchange to my wallet but it's still saying unconfirmed Can someone tell me when I can again transfer my XMR token to a new address?

Thanks

[bitcoin2daMoon]

how long does is take to start using monero on average computer..
inter core i3 8gb ram 10mbps bandwidth. .
Do we have to download full blockchain or there's a option to prune?

Which OS and wallet do you have?

Anyway, Monero wallets, Windows, Linux, OSX and Android cli and gui, they all support remote node/daemon which gets you going faster, but you give up privacy (your IP address) to the remote node/daemon owner, so maybe use a VPN.

[dEBRUYNE]

how long does is take to start using monero on average computer..
inter core i3 8gb ram 10mbps bandwidth. .
Do we have to download full blockchain or there's a option to prune?

Depends, if you have an SSD it's generally quite fast. However, an HDD might significantly slow things down. There's no option to prune yet. However, you can use a remote node:

https://moneroworld.com/#nodes

Trade-offs:

https://monero.stackexchange.com/questions/1134/is-it-safe-to-share-a-daemon-with-a-roommate

[dEBRUYNE]

Today is the first time I withdrew my XMR from an exchange to my wallet but it's still saying unconfirmed Can someone tell me when I can again transfer my XMR token to a new address?

Thanks

Try searching the transaction ID / hash on a block explorer (e.g. https://xmrchain.net).

[spunkybd]

I am CPU mining with 3 computers and GPU mining with one. What a great coin.

[Hueristic]

Just another day in you data is not safe land, here's one for all you guys who want to use android wallets and run your Linux boxes over WPA2.

As a proof-of-concept we executed a key reinstallation attack against an Android smartphone. In this demonstration, the attacker is able to decrypt all data that the victim transmits. For an attacker this is easy to accomplish, because our key reinstallation attack is exceptionally devastating against Linux and Android 6.0 or higher. This is because Android and Linux can be tricked into (re)installing an all-zero encryption key (see below for more info). When attacking other devices, it is harder to decrypt all packets, although a large number of packets can nevertheless be decrypted. In any case, the following demonstration highlights the type of information that an attacker can obtain when performing key reinstallation attacks against protected Wi-Fi networks:

https://www.krackattacks.com/

[N1ceManx]

I am CPU mining with 3 computers and GPU mining with one. What a great coin.

What profitability it has? I got old GPU mining farm but didn't turn on it for years))) Price of electricity just grow up...

[jwinterm]

Article on North Korea cyber capabilities mentions them hacking crypto exchanges and converting BTC to XMR:
https://www.boston.com/news/world-news/2017/10/16/the-world-once-laughed-at-north-korean-cyber-power-no-more

More recently, North Koreans seemed to have changed tack once again. North Korean hackers’ fingerprints showed up in a series of attempted attacks on cryptocurrency exchanges in South Korea, and were successful in at least one case, according to researchers at FireEye.

The attacks on Bitcoin exchanges, which see hundreds of millions of dollars worth of Bitcoin exchanged a day, offered Pyongyang a potentially very lucrative source of new funds. And, researchers say, there is evidence they have been exchanging Bitcoin gathered from their heists for Monero, a highly anonymous version of cryptocurrency that is far harder for global authorities to trace.

[Cryptobaton]

R is a next mega capacity currency

[jemura]

Article on North Korea cyber capabilities mentions them having crypto exchanges and converting BTC to XMR:
https://www.boston.com/news/world-news/2017/10/16/the-world-once-laughed-at-north-korean-cyber-power-no-more

More recently, North Koreans seemed to have changed tack once again. North Korean hackers’ fingerprints showed up in a series of attempted attacks on cryptocurrency exchanges in South Korea, and were successful in at least one case, according to researchers at FireEye.

The attacks on Bitcoin exchanges, which see hundreds of millions of dollars worth of Bitcoin exchanged a day, offered Pyongyang a potentially very lucrative source of new funds. And, researchers say, there is evidence they have been exchanging Bitcoin gathered from their heists for Monero, a highly anonymous version of cryptocurrency that is far harder for global authorities to trace.

Yea, even North Koreans are using XMR because monero is only one really untraceable coin on the market.