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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667230 times)
Hueristic
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May 24, 2018, 05:17:24 PM
 #38781

New Gemini email.

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Dear Gemini Customer,

As part of our mission to continue to improve customer experience, we're making updates to our Privacy Policy that make it easier to understand and provide flexibility to customers on how Gemini collects and processes your data.

Since we are unable to do business in your jurisdiction, we are deleting all of the data you have provided us when opting in for updates. Deletion will take effect on or before May 25, 2018, at 0:00 EEST. As such, you will not be able to create an account with Gemini Trust Company, LLC until we are licensed in your area. Please follow us on social media or our blog on Medium to get the latest updates.

If you have any questions about these changes, please reach out to support@gemini.com.

Onward and upward,

Team Gemini

I'm glad I never used them after reading their terms, I'd be really pissed if I had coins I couldn't get off it right now. I wonder when they are going to be seizing coins?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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May 24, 2018, 09:25:52 PM
 #38782

New Gemini email.

Quote
Dear Gemini Customer,

As part of our mission to continue to improve customer experience, we're making updates to our Privacy Policy that make it easier to understand and provide flexibility to customers on how Gemini collects and processes your data.

Since we are unable to do business in your jurisdiction, we are deleting all of the data you have provided us when opting in for updates. Deletion will take effect on or before May 25, 2018, at 0:00 EEST. As such, you will not be able to create an account with Gemini Trust Company, LLC until we are licensed in your area. Please follow us on social media or our blog on Medium to get the latest updates.

If you have any questions about these changes, please reach out to support@gemini.com.

Onward and upward,

Team Gemini

I'm glad I never used them after reading their terms, I'd be really pissed if I had coins I couldn't get off it right now. I wonder when they are going to be seizing coins?

YEAH. That's like a really good customer experience should be... Nothing bad about that some people are BDSM based and they will sure appreciate it.
I don't want make WERBUNG to our site. But it looks like we are going underground soon and the only supported coins will be only MONERO and Zcoin. Still waiting for approval from our team members. But this will be for the best. WE don't need loosers that order our hard make Visa BTC anonymous ATM card and never use it in ATM. Actually maybe we stop issue anonymous btc visa atm visa cards...... It's sad but 99% people don't care to be anonymous anymore. So we will be working only with dark markets... look up for us there....
ArticMine
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May 25, 2018, 02:20:39 AM
 #38783

May 25, 2018, at 0:00 EEST. is a dead giveaway to a recipient in the EU, given GDPR

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
CoinMarketApp
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May 25, 2018, 04:08:10 AM
 #38784

I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

bones261
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May 25, 2018, 04:14:41 AM
 #38785

I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

Why would XMR really need Masternodes? XMR certainly doesn't need to attempt to make this coin more anonymous by mixing them like Dash does.
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May 25, 2018, 04:31:22 AM
 #38786

I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

Why would XMR really need Masternodes? XMR certainly doesn't need to attempt to make this coin more anonymous by mixing them like Dash does.

yeah, good point on that part. I guess it wouldn't only be the purpose of mixing but an option for people to use the mixing feature? just curious

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May 25, 2018, 04:42:33 AM
Merited by bones261 (1)
 #38787

I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

Why would XMR really need Masternodes? XMR certainly doesn't need to attempt to make this coin more anonymous by mixing them like Dash does.

yeah, good point on that part. I guess it wouldn't only be the purpose of mixing but an option for people to use the mixing feature? just curious

Adding Masternodes would compromise Monero's anonymity not increase it so you are extolling the virtues of a poor idea thats only reason for being is to increase holders coins and facilitate P&D's.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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May 25, 2018, 04:55:38 AM
 #38788

I see now. That's because of the current structure, right?
I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

Why would XMR really need Masternodes? XMR certainly doesn't need to attempt to make this coin more anonymous by mixing them like Dash does.

yeah, good point on that part. I guess it wouldn't only be the purpose of mixing but an option for people to use the mixing feature? just curious

Adding Masternodes would compromise Monero's anonymity not increase it so you are extolling the virtues of a poor idea thats only reason for being is to increase holders coins and facilitate P&D's.

bones261
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May 25, 2018, 05:44:55 AM
 #38789

I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

Why would XMR really need Masternodes? XMR certainly doesn't need to attempt to make this coin more anonymous by mixing them like Dash does.

yeah, good point on that part. I guess it wouldn't only be the purpose of mixing but an option for people to use the mixing feature? just curious

Adding Masternodes would compromise Monero's anonymity not increase it so you are extolling the virtues of a poor idea thats only reason for being is to increase holders coins and facilitate P&D's.
I see now. That's because of the current structure, right?

Yes, in order for a Masternode to work, it needs to somehow relay to the network that a certain input indeed has enough collateral. The network also needs to know the IP or Onion routing address of your Masternode. The ring signatures and the cryptonote protocol basically makes it impossible to determine exactly where the outputs/inputs belong unless you have the viewing key. I suppose that it is possible to somehow get Masternodes or any other proof of stake scheme to work without having to reveal to the entire network that this input/output belongs to a certain address. I'm sure there are a few shitcoins out there that have tried. I must admit that I haven't done enough research to know if their work around truly leaves the stake holder's/ Masternode holder's inputs/outputs anonymous.
Techray
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May 25, 2018, 08:14:45 AM
 #38790

I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

Why would XMR really need Masternodes? XMR certainly doesn't need to attempt to make this coin more anonymous by mixing them like Dash does.

yeah, good point on that part. I guess it wouldn't only be the purpose of mixing but an option for people to use the mixing feature? just curious

Adding Masternodes would compromise Monero's anonymity not increase it so you are extolling the virtues of a poor idea thats only reason for being is to increase holders coins and facilitate P&D's.

I think the current mixing process is very good. NO need for the master nodes.
cointopper
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May 25, 2018, 08:56:50 AM
Last edit: May 25, 2018, 10:51:56 AM by cointopper
 #38791

Hello Monero believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Monero at: https://cointopper.com/coin/monero

Constructive criticisms are always welcome at CoinTopper.  Thank you!!
garytheasshole
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May 25, 2018, 10:23:40 AM
 #38792

I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

Why would XMR really need Masternodes? XMR certainly doesn't need to attempt to make this coin more anonymous by mixing them like Dash does.

yeah, good point on that part. I guess it wouldn't only be the purpose of mixing but an option for people to use the mixing feature? just curious

Adding Masternodes would compromise Monero's anonymity not increase it so you are extolling the virtues of a poor idea thats only reason for being is to increase holders coins and facilitate P&D's.

I think the current mixing process is very good. NO need for the master nodes.

But but, masternodes increase the value of the coin, it is what monero needs these days!

Anon136
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May 25, 2018, 08:14:34 PM
Last edit: May 25, 2018, 11:46:49 PM by Anon136
 #38793

I wonder if Monero will launch a Masternode?

Look at the limited amount of coins being supported by SetupMasternodes.com
and they're looking to support Quality Masternode based coins.

XMR team is solid, and hopes it can get it going with a MN

Why would XMR really need Masternodes? XMR certainly doesn't need to attempt to make this coin more anonymous by mixing them like Dash does.

yeah, good point on that part. I guess it wouldn't only be the purpose of mixing but an option for people to use the mixing feature? just curious

You can always mix your monero any time by sending to your own address. Set mixin to the number of mix partners that you want.

To the experts out there who just stuck their fingers in the air, I know that there are distinctions but it's true enough for government work.

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?
cAPSLOCK
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May 25, 2018, 08:47:57 PM
 #38794

If Monero implemented masternodes I would immediately sell all (3) of my coins.

I would rather be invested in Etherium.

Well...  Almost.
abdulaziz07
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May 25, 2018, 10:52:44 PM
 #38795

Will Monero use a separate seed on Ledger? Or will it share the seed that the ledger uses by default
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May 26, 2018, 12:53:40 AM
 #38796

Will Monero use a separate seed on Ledger? Or will it share the seed that the ledger uses by default

It uses the Ledger seed.
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May 26, 2018, 02:16:45 AM
 #38797

If Monero implemented masternodes I would immediately sell all (3) of my coins.

I would rather be invested in Etherium.

Well...  Almost.

Is that the reason why XMR price dropped in recent days? In my knowledge, almost of MN coins often drastically drop in the long-run.

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ArticMine
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May 26, 2018, 02:38:58 AM
 #38798

If Monero implemented masternodes I would immediately sell all (3) of my coins.

I would rather be invested in Etherium.

Well...  Almost.

Is that the reason why XMR price dropped in recent days? In my knowledge, almost of MN coins often drastically drop in the long-run.

Please use the Monero Speculation thread https://bitcointalk.org/index.php?topic=753252.msg38573503#msg38573503 for price discussions. I will respond there.

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
DMAllera
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May 26, 2018, 03:38:45 AM
 #38799

The good thing about Monero is that the privacy of the sender and the receiver in case of Monero blockchain is maintained by ring signatures. The role of the ring signatures is to combine the user’s account keys with the public keys received from the Monero blockchain. This way the outsiders cannot link a user to a signature.
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May 26, 2018, 05:54:50 AM
 #38800

The good thing about Monero is that the privacy of the sender and the receiver in case of Monero blockchain is maintained by ring signatures. The role of the ring signatures is to combine the user’s account keys with the public keys received from the Monero blockchain. This way the outsiders cannot link a user to a signature.

by default, monero offer superior privacy compared to other coins, like verge,zcash, etc...and the team backing monero vow to take privacy very seriously, thus building their creditability
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