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

[Anon136]

by the way. if it's blockchain is transparent so why they call it anonymity.

Probably because they hold a lot of it and they think that if people think it is private it will be worth more.

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[birr]

everything gold :')))
that's been a while since last time I notice XMR, price rise so quickly.
remember that time, when I chose XDN over XMR. and time pass out, XND still rise, but nowhere near XMR. . . make me fell sad so much
but now, ONION rise as very potential anonymous coin. . .
a little bit pointless comment but...any one see through ONION? please tell me your opinion.

EVERYONE can see through ONION.  It's blockchain is transparent.

https://bitcointalk.org/index.php?topic=583449.msg28075509#msg28075509

sorry that's my bad English
I mean if anyone take a look at ONION

by the way. if it's blockchain is transparent so why they call it anonymity.
and thanks for information ^^

Fixing a hole in the ocean
Trying to make a dove-tail joint, yeah
Looking through a glass onion.

[birr]

So I've been thinking about this MoneroV fork problem. I saw the suggestion in a reddit thread about a tool that would allow monero users to specify ring signature inputs thus allowing us to sign with the same ring signature inputs that we used on the MoneroV blockchain.

I was wondering if anyone has given thought to a two pronged approach? We could additionally utilize a blacklist of ring sig inputs used on the forked chain. Some trusted team member could produce and update this blacklist. It could be a basic text file that we drag and drop into our monero directory. I know it would harm privacy to shrink the pool of available ring sig participants but we would only be blacklisting the ones used to produce the initial transaction on the MoneroV chain. So it would be a tiny tiny fraction of the ring signatures out there. Additionally new ring signature candidates are being produced constantly every 2 minutes every day.

It's a partial solution and an imperfect solution to a difficult problem but maybe worth considering.

Do you have a link to that thread? I don't know enough about this to have an opinion.

Here you go. https://www.reddit.com/r/Monero/comments/7x297t/careful_with_monero_forks_with_airdrops/du537ij/ It's a pretty simple to understand issue.

I'm trying to parse the seriousness of this... attack, for lack of a better word.
If revealing the real input was the only problem, it wouldn't bother me so much, because it's only one transaction.  Monero would live on without permanent ill effects.
But some of the reddit comments give the impression that there are knock-on effects that compromise other transactions.
My main concern is how it will affect the pool of decoy inputs.  Does the fact each transaction that's executed on both chains reveals four decoys mean that those decoys are rendered useless thereafter?  Or can the same decoys be used in future transactions safely?

[Anon136]

Does the fact each transaction that's executed on both chains reveals four decoys mean that those decoys are rendered useless thereafter?  Or can the same decoys be used in future transactions safely?

No you are misunderstanding. Each decoy input is SOMEONES real input. So it would only reveal that the other inputs were decoys for you not necessarily decoys for anyone else who uses them. It would reveal your real input and your decoys. So then if someone else used your real input as a decoy in the future they would have their mixin set reduced by one. So if they did a mixin 6 and it selected one of the 6 as your real input that was revealed by you spending on both chains, they would get the effect of having used mixin 5 instead.

I hope that makes sense.

As for the seriousness. It is serious. Serious in the sense that something will have to be done about it. But not serious in the sense that nothing can be done about it.

[explorer]

everything gold :')))
that's been a while since last time I notice XMR, price rise so quickly.
remember that time, when I chose XDN over XMR. and time pass out, XND still rise, but nowhere near XMR. . . make me fell sad so much
but now, ONION rise as very potential anonymous coin. . .
a little bit pointless comment but...any one see through ONION? please tell me your opinion.

EVERYONE can see through ONION.  It's blockchain is transparent.

https://bitcointalk.org/index.php?topic=583449.msg28075509#msg28075509

sorry that's my bad English
I mean if anyone take a look at ONION

by the way. if it's blockchain is transparent so why they call it anonymity.
and thanks for information ^^

Because they are unconscionable liars.  Scammers, if you will.

[explorer]

Some interesting discussion on the fork attack:

https://www.reddit.com/r/Monero/comments/7xz0mz/monero_deanonymization_or_how_i_learned_to_stop/

[ozkraut]

Ah somebody throw me some merits pls? Ive been inches away from hero when the 'merit system' came in and now like fkn miles away. lol Not that it really matters but it does

cheers

[Anon136]

Ah somebody throw me some merits pls? Ive been inches away from hero when the 'merit system' came in and now like fkn miles away. lol Not that it really matters but it does

cheers

Say something meritorious.

[ozkraut]

Ah somebody throw me some merits pls? Ive been inches away from hero when the 'merit system' came in and now like fkn miles away. lol Not that it really matters but it does

cheers

Say something meritorious.

Ah now you want me to work for it? What is this generation coming to? Lol : fair enough.

edit: maybe this qualifies not because Im still fishing but because I still believe this maybe worth pondering on case of this and future forks which insist on not starting their own blockchain:

repost from reddit:

I proposed considering the implications of moving all our monero at a certain block after the fork and then donating the now monero empty but monerov 'airdropped' private keys to the development & research fund for purpose of obfuscation and dump of monerov. Not many takers to discuss at btctalk but reading a bit here and there makes me think that we could cause a lot of noise pointing to nowhere on their chain whilst having a nice dump of monerov at hand


//=========

and yes i  did post this in here somewhere but the silence was deafening. Maybe it is a silly idea but my game is not game theory and cryptography and so on so I am thinking about the problem from another angle

[cAPSLOCK]

I never shorted XMR but I did sell back in 2016 a huge chunk and bought Ethereum. Made a little less than $50MM, thank you ETH!

You guys really need to stop a handful of retarded devs (fat spaghetti) to force major changes without community consensus.
Monero has little time left anyway, Ethereum is about to launch ringCT and zK-Snarks, use the time you have left wisely.

Along with being a wrinkly toolbag, you are also a really amazing contrarian indicator.  I mean it's really something.

[explorer]

I never shorted XMR but I did sell back in 2016 a huge chunk and bought Ethereum. Made a little less than $50MM, thank you ETH!

You guys really need to stop a handful of retarded devs (fat spaghetti) to force major changes without community consensus.
Monero has little time left anyway, Ethereum is about to launch ringCT and zK-Snarks, use the time you have left wisely.

Along with being a wrinkly toolbag, you are also a really amazing contrarian indicator.  I mean it's really something.

Crazy but true.  Years on end!

[explorer]

Ah somebody throw me some merits pls? Ive been inches away from hero when the 'merit system' came in and now like fkn miles away. lol Not that it really matters but it does

cheers

Say something meritorious.

Ah now you want me to work for it? What is this generation coming to? Lol : fair enough.

edit: maybe this qualifies not because Im still fishing but because I still believe this maybe worth pondering on case of this and future forks which insist on not starting their own blockchain:

repost from reddit:

I proposed considering the implications of moving all our monero at a certain block after the fork and then donating the now monero empty but monerov 'airdropped' private keys to the development & research fund for purpose of obfuscation and dump of monerov. Not many takers to discuss at btctalk but reading a bit here and there makes me think that we could cause a lot of noise pointing to nowhere on their chain whilst having a nice dump of monerov at hand


//=========

and yes i  did post this in here somewhere but the silence was deafening. Maybe it is a silly idea but my game is not game theory and cryptography and so on so I am thinking about the problem from another angle

Figure a way to do it anonymously, and it sounds like a plan.  I had the idea to donate the proceeds in any case...

[elrippos friend]

Long time since I've posted here.  Have been busy running my mining rigs and other crypto projects.  Can someone give me a State of the Union run down on Monero and what has been going on and what is coming up for the year?

Links or replies will work for me.  Hope everyone is well here.  This has always been my go to place for Monero news and problem solving.  

Multisig, sub-addresses, default fee reduction (what else?) in next month's fork.  Bulletproofs next fork after (massive reduction in tx size and fees)

monero hardware wallet soon, ledger nano s soon.

Our very own premine scam fork, moneroV soon.

network hash rate + GH/s

tons of media on web browser miners and 'crypto jacking' bot nets

That's a quick rundown off the top of my head.

Thank you.  

globee payment processor / merchands some time ago
xmr.to
android wallet

probably more

ah yeah: FluffyGate ....

Of course! The integration of XMR.to into the Monerujo Android wallet was epic!  Monero usability grows and grows!

Yeeaaahhhh that's right, except that the paymnet ID generator in the monerujo wallet has 16 digits and we need 32 digits. So dear MONERUJO DEV, please change that to 32 digits!!!

[Globb0]

But even in peeling a bit of the history doesn't help you know anything about now.

*edit*

I mean knowing an address in bitcoin = all transactions revealed

Knowing an address in monero and maybe 1 or 2 old transactions = nothing

Day after fork we can all move everything, what do they know ?

[Hueristic]

This thread is insanely long. Is monero superior compared to dash and zcash?

Woah, welcome to 2016 or was it 2015? Anyway there is a thread with that exact title so try the search function.

Does the fact each transaction that's executed on both chains reveals four decoys mean that those decoys are rendered useless thereafter?  Or can the same decoys be used in future transactions safely?

No you are misunderstanding. Each decoy input is SOMEONES real input. So it would only reveal that the other inputs were decoys for you not necessarily decoys for anyone else who uses them. It would reveal your real input and your decoys. So then if someone else used your real input as a decoy in the future they would have their mixin set reduced by one. So if they did a mixin 6 and it selected one of the 6 as your real input that was revealed by you spending on both chains, they would get the effect of having used mixin 5 instead.

I hope that makes sense.

As for the seriousness. It is serious. Serious in the sense that something will have to be done about it. But not serious in the sense that nothing can be done about it.

Very nice explanation +m

Hey Crypto People,

I've seen discussion about how using a unique ringsize (EG 41) is a problem for privacy.

Would it be possible to use CT/Pederson commits/range proof magical crypto stuff to hide the ringsize from everyone that doesn't need to know it?

I'm sure Confidential Ringsize is a silly idea, but would like to know exactly why.

LOL

sorry that's my bad English
I mean if anyone take a look at ONION

by the way. if it's blockchain is transparent so why they call it anonymity.
and thanks for information ^^

Because they are unconscionable liars.  Scammers, if you will.

This, but the idea of the "airdrop" (sig campain for premined coins) was really a great plan for getting all the scammers to come out and shill for them. Great Marketing even if completely deceptive.

Some interesting discussion on the fork attack:

https://www.reddit.com/r/Monero/comments/7xz0mz/monero_deanonymization_or_how_i_learned_to_stop/

I blame fluoride.

Ah somebody throw me some merits pls? Ive been inches away from hero when the 'merit system' came in and now like fkn miles away. lol Not that it really matters but it does

cheers

Say something meritorious.

Ah now you want me to work for it? What is this generation coming to? Lol : fair enough.

edit: maybe this qualifies not because Im still fishing but because I still believe this maybe worth pondering on case of this and future forks which insist on not starting their own blockchain:

repost from reddit:

I proposed considering the implications of moving all our monero at a certain block after the fork and then donating the now monero empty but monerov 'airdropped' private keys to the development & research fund for purpose of obfuscation and dump of monerov. Not many takers to discuss at btctalk but reading a bit here and there makes me think that we could cause a lot of noise pointing to nowhere on their chain whilst having a nice dump of monerov at hand


//=========

and yes i  did post this in here somewhere but the silence was deafening. Maybe it is a silly idea but my game is not game theory and cryptography and so on so I am thinking about the problem from another angle

sorry I missed the earlier post or I would have merited it then!

[tbalazs]

txs fees are a joke! what are you doing it about it? how will ever small time miners be able to afford just the exit fee from their pools?

they will not... thats the issue here

[explorer]

txs fees are a joke! what are you doing it about it? how will ever small time miners be able to afford just the exit fee from their pools?

they will not... thats the issue here

If you can't handle a 75 cent tx fee, you should mine a bit more before withdrawing.  If your pool is charging you more than that(that right there is the issue), then you should do your due diligence, and find a pool that isn't going to rip you off

[Nathan047]

txs fees are a joke! what are you doing it about it? how will ever small time miners be able to afford just the exit fee from their pools?

If you can't handle a 75 cent tx fee, you should mine a bit more before withdrawing.  If your pool is charging you more than that(that right there is the issue), then you should do your due diligence, and find a pool that isn't going to rip you off

Don't forget the Elephant in the room. Bitcoin's fees are much higher, and any other coin that starts getting a bunch of traffic (e.g. Ethereum) will have their fees climb too.

Cryptos are still in development.

[explorer]

txs fees are a joke! what are you doing it about it? how will ever small time miners be able to afford just the exit fee from their pools?

If you can't handle a 75 cent tx fee, you should mine a bit more before withdrawing.  If your pool is charging you more than that(that right there is the issue), then you should do your due diligence, and find a pool that isn't going to rip you off

Don't forget the Elephant in the room. Bitcoin's fees are much higher, and any other coin that starts getting a bunch of traffic (e.g. Ethereum) will have their fees climb too.

Cryptos are still in development.

Except that Monero fees reduce with increased traffic.  And Bullet Proofs are coming...  

via Imgflip Meme Generator

[vabchgent]

From what I can gather here this Monerov fork is considered a bad thing? But why is that actually case? Are they going to harm the XMR by forking it?