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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4577687 times)
Hueristic
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February 17, 2018, 08:50:03 PM
 #37561

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 Smiley

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. Tongue

LOL

sorry that's my bad English Grin
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.


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! Smiley

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February 17, 2018, 08:51:07 PM
 #37562

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

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February 17, 2018, 09:12:30 PM
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 #37563

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 Huh
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February 17, 2018, 10:01:26 PM
 #37564

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 Huh
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.

I'm starting a technology blog T4CH.top, check it out!
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February 17, 2018, 10:10:11 PM
 #37565

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 Huh
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
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February 17, 2018, 10:44:36 PM
 #37566

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?


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February 17, 2018, 11:31:06 PM
 #37567

https://shouldhaveusedmonero.xyz/

Is the site not being actively run anymore? I really liked the concept.

In summary, the Intel Management Engine and its applications are a backdoor with total access to and control over the rest of the PC. The ME is a threat to freedom, security, and privacy, and the libreboot project strongly recommends avoiding it entirely. Since recent versions of it can’t be removed, this means avoiding all recent generations of Intel hardware. details https://libreboot.org/faq.html#intelme --- https://tehnoetic.com/laptops --- https://store.vikings.net/x200-ryf-certfied
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February 17, 2018, 11:47:41 PM
 #37568

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?

If you can't scroll up several posts, I'm not sure this will help you, but:

https://bitcointalk.org/index.php?topic=583449.msg30446883#msg30446883
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February 18, 2018, 08:31:04 AM
 #37569

https://shouldhaveusedmonero.xyz/

Is the site not being actively run anymore? I really liked the concept.

That site kicks ass.

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February 18, 2018, 08:52:49 AM
 #37570

it's pretty good to se XMR so stable, even at a bear market like this.
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February 18, 2018, 09:36:44 AM
 #37571

it's pretty good to se XMR so stable, even at a bear market like this.

bear market? Are you sure it was only coffee you got  Grin

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February 18, 2018, 09:38:39 AM
 #37572

it's pretty good to se XMR so stable, even at a bear market like this.

Looks like somebody is interested in maintaining a $300 floor, at any rate.
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February 18, 2018, 09:40:05 AM
 #37573

it's pretty good to se XMR so stable, even at a bear market like this.

bear market? Are you sure it was only coffee you got  Grin

It's a bear market until 0.06!  I followed your advice and lost my life's savings  Grin
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February 18, 2018, 09:42:40 AM
Merited by explorer (2)
 #37574

it's pretty good to se XMR so stable, even at a bear market like this.

bear market? Are you sure it was only coffee you got  Grin

It's a bear market until 0.06!  I followed your advice and lost my life's savings  Grin

Yeeeaaahhhhh, well never trust a nooby  Wink Roll Eyes

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February 18, 2018, 02:06:11 PM
 #37575

Some info on the Monero hard fork:

https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html

Quote
we strongly believe that it's beneficial to preserve our ASIC resistance. Therefore, we will perform an emergency hard fork to curb any potential threat from ASICs if needed. Furthermore, in order to maintain its goal of decentralization and to provide a deterrent for ASIC development and to protect against unknown or undetectable ASIC development, the Monero team proposes modifying the Cryptonight PoW hash every scheduled fork, twice a year. The modifications will be light, and should not change performance profiles much. The first change is now being tested, and will happen in the coming March fork. Finally, we will continue to research alternative Proof of Work functions that may provide better ASIC resistance than Cryptonight.

Patches will be available for the following software: zone117x's pool, Snipa's pool, Lucas Jones' CPU miner, wolf0's CPU miner, ccminer-cryptonight, sgminer-gm, xmr-stak, xmrig-nvidia, wolf-xmr-miner.


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February 18, 2018, 06:03:14 PM
 #37576

Some info on the Monero hard fork:

https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html

Quote
we strongly believe that it's beneficial to preserve our ASIC resistance. Therefore, we will perform an emergency hard fork to curb any potential threat from ASICs if needed. Furthermore, in order to maintain its goal of decentralization and to provide a deterrent for ASIC development and to protect against unknown or undetectable ASIC development, the Monero team proposes modifying the Cryptonight PoW hash every scheduled fork, twice a year. The modifications will be light, and should not change performance profiles much. The first change is now being tested, and will happen in the coming March fork. Finally, we will continue to research alternative Proof of Work functions that may provide better ASIC resistance than Cryptonight.

Patches will be available for the following software: zone117x's pool, Snipa's pool, Lucas Jones' CPU miner, wolf0's CPU miner, ccminer-cryptonight, sgminer-gm, xmr-stak, xmrig-nvidia, wolf-xmr-miner.



I must have missed it but do we know which block will activate the fork

Devcoin (DVC) : 1FjtLsD4w7uzGJCFKa7eMVrrauWE7fvnQU  |  Bitcoin (BTC): 18QBaNA9r383SPcFWE1W7kmZYKSUhTK9nN
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February 18, 2018, 06:52:05 PM
 #37577

Some info on the Monero hard fork:

https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html

Quote
we strongly believe that it's beneficial to preserve our ASIC resistance. Therefore, we will perform an emergency hard fork to curb any potential threat from ASICs if needed. Furthermore, in order to maintain its goal of decentralization and to provide a deterrent for ASIC development and to protect against unknown or undetectable ASIC development, the Monero team proposes modifying the Cryptonight PoW hash every scheduled fork, twice a year. The modifications will be light, and should not change performance profiles much. The first change is now being tested, and will happen in the coming March fork. Finally, we will continue to research alternative Proof of Work functions that may provide better ASIC resistance than Cryptonight.

Patches will be available for the following software: zone117x's pool, Snipa's pool, Lucas Jones' CPU miner, wolf0's CPU miner, ccminer-cryptonight, sgminer-gm, xmr-stak, xmrig-nvidia, wolf-xmr-miner.



I must have missed it but do we know which block will activate the fork

There's currently no block height set yet. It'll probably be set soon though.

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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February 18, 2018, 07:47:13 PM
 #37578


https://www.reddit.com/r/Monero/comments/7ydncd/question_about_monero_deanonymization_via_forks/

Good point, being that to be a real threat, people would actually have to use the fork (for more than a one time --> exchange - dump).  I'm still not touching this shit unless  there is an approved zero-privacy-errosion method put forward, but it  does take the theoretical and temper it with reality a little.
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February 18, 2018, 07:50:31 PM
 #37579

I'm running 0.11.1.0 Helium Hydra 64 bit linux on a notebook and Armv7 on a phone.
My daemon says

Code:
2018-02-18 19:27:48.946 [P2P1] WARN global src/cryptonote_core/cryptonote_core.cpp:1283 Last scheduled hard fork time shows a daemon update is needed now.

The update is not available yet at getmonero.org
It still says
Current Version: 0.11.1.0 Helium Hydra
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February 18, 2018, 08:38:56 PM
 #37580

I'm running 0.11.1.0 Helium Hydra 64 bit linux on a notebook and Armv7 on a phone.
My daemon says

Code:
2018-02-18 19:27:48.946 [P2P1] WARN global src/cryptonote_core/cryptonote_core.cpp:1283 Last scheduled hard fork time shows a daemon update is needed now.

The update is not available yet at getmonero.org
It still says
Current Version: 0.11.1.0 Helium Hydra

Typical warning pre-fork.  It's not announced/available yet.  Better than too late Wink

See dEBRUYNE's post just above...
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