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

[dEBRUYNE]

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?

One of their devs stated that Coinomi would be sufficiently prepared for the upcoming scheduled protocol upgrade:

https://www.reddit.com/r/COINOMI/comments/auja7c/coinomi_monero_ama_feb_25_1200_utc/eh8n56e/

[1714029925]

1714029925

[mattcode]

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

They say better late than never, but I think maybe in this case never would be better

https://www.avoid-coinomi.com/

https://twitter.com/lukechilds/status/1100613365850767360

[bitcoin_age]

One day monero gonna override bitcoin most probably
the value can rise to 5000 usd or more for monero

[Hueristic]

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

They say better late than never, but I think maybe in this case never would be better

https://www.avoid-coinomi.com/

https://twitter.com/lukechilds/status/1100613365850767360

Can you put a direct link to the Vid in the tweet.

[wavessurfing]

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

They say better late than never, but I think maybe in this case never would be better

https://www.avoid-coinomi.com/

https://twitter.com/lukechilds/status/1100613365850767360

Can you put a direct link to the Vid in the tweet.

i have only the bitcointalk reference:
https://bitcointalk.org/index.php?topic=5114708.0

[no-ice-please]

Crypto has to be anonymous like BTC, ETH and should never represent a company.

That's true. I don't understand how a "decentralised network" can have a CEO.

Monero perhaps will gain #1 spot for anonymity.

It already has that.

The question is how can a decentralized network of this kind come into existence without a CEO in the beginning? Someone has to start it although the role of that someone should be in line with what we envision as a "decentralized" network. You need governance as well.

Bitcoin never had a CEO, and neither did Monero.

They didn't call themselves CEO, but in the end there were important figures behind both of the projects you mentioned. And in the case of Monero I think it is still the same person.

[7jaka7]

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

They say better late than never, but I think maybe in this case never would be better

https://www.avoid-coinomi.com/

https://twitter.com/lukechilds/status/1100613365850767360

I saw that, I am a bit dissapointed. But AFAIK only desktop wallets had this bug.
And I would never hold a significant amount on a hot wallet like this.

[Kanati]

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?

I don't blame you for being concerned about the fork.
But it's not the wallet software that's at risk.
If something bad happens at the fork, it won't be a glitch with your wallet software.
If something bad happens at the fork, it could be much worse than that.  It could be a 51% attack, with double spends.
Your concern about the wallet not working is misplaced.  If that's all you're worried about, you can put your mind at rest.
By the way, linux CLI 14.0.0 daemon and wallet work great.  I'm using it now.

I still remember the problems I had upgrading my Linux wallet when Monero forked to v.7. Also I find the frequent forks tiresome, since they are only treating symptoms temporarily instead of curing the disease (ASIC vulnerability). The tech behind Monero is still cool, but not an end in itself, and I don't see the price going anywhere long as it remains "eclectic", and mainly useful on the darknet.

I think the Coinomi Monero integration is a mixed bag -
on one hand it's positive since it makes Monero more useful by providing more mainstream access to more people,
on the other hand accessibility is a big minus if the wallet isn't secure (https://www.reddit.com/r/reddCoin/comments/avb43d/crosspost_warning_coinomi_wallet_critical/).

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, and looks soon ready for MimbleWimble protocol integration. XMR still has cheaper fees than LTC (ASICS could change this for LTC..), and XMR may still win if the DEV's manage to maintain tech lead by salvaging Kovri before it's too late.

[Chicken_76]

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.

[Whtwabbit]

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.

Its not an issue if you don't have a pharyngeal reflex

[Hueristic]

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.

Its not an issue if you don't have a pharyngeal reflex

Or you really don't care about the security of the network and are only shilling because your a bag holder.

[mattcode]

We have a wallet exploit related to coinbase transactions. There will be a patch released on github on the 6th at 4pm GMT, so in about 4 days. In the meantime, you can be safe against any exploits by running "set refresh-type no-coinbase" in monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.
This is not a consensus bug, no double spend, no coins created out of thin air, etc.

Arbitrary code execution? Wallet DoS?

edit not as fun as that. it's like the double counting wallet bug from before

[deksa]

Guys?
What is the name of the new algo after the fork next week?
Is there AMD miner for it atm?
If so, which platforms does it use (the miner)?
Thank you!

[Millionero]

We have a wallet exploit related to coinbase transactions. There will be a patch released on github on the 6th at 4pm GMT, so in about 4 days. In the meantime, you can be safe against any exploits by running "set refresh-type no-coinbase" in monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.
This is not a consensus bug, no double spend, no coins created out of thin air, etc.

Arbitrary code execution? Wallet DoS?

edit not as fun as that. it's like the double counting wallet bug from before

Where did you get that quote?
link

[Kanati]

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, ...

But it does, it's mined exclusively by ASICs.

Its not an issue if you don't have a pharyngeal reflex

Or you really don't care about the security of the network and are only shilling because your a bag holder.

Snarky bag-holding pharyngeal reflexive ad hominem attacks aside...

The Network Security issue is about who controls capacity, not how it's mined - https://www.crypto51.app/

[mattcode]

We have a wallet exploit related to coinbase transactions. There will be a patch released on github on the 6th at 4pm GMT, so in about 4 days. In the meantime, you can be safe against any exploits by running "set refresh-type no-coinbase" in monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.
This is not a consensus bug, no double spend, no coins created out of thin air, etc.

Arbitrary code execution? Wallet DoS?

edit not as fun as that. it's like the double counting wallet bug from before

Where did you get that quote?
link

From a pastebin link shared by moo on irc https://paste.debian.net/hidden/0d241a90/

[TheFuzzStone]

🚨 If you are running a wallet on an exchange, payment gateway, or service, please pay attention to the following message. 🚨

The Monero Vulnerability Response workgroup has received a disclosure of a wallet bug related to coinbase transactions, that could be disruptive to anyone running a wallet on an exchange, payment gateway, or service. There will be a patch released on GitHub on March the 6th, 2019, at 4pm GMT, so in about 4 days.

In the meantime, you can be safe against anyone trying to exploit this bug by running "set refresh-type no-coinbase" in monero-wallet-cli. Note that you will need to first close monero-wallet-rpc, and open the wallet with monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.

NB: this is not a consensus bug, there is no double spend, it does not allow coins to be created out of thin air, etc.

[Hueristic]

Riccardo Spagni <ric@ts.org>
To:monero-announce@lists.getmonero.org
Mar 3 at 5:14 AM
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

If you are running a wallet on an exchange, payment gateway, or service, please pay attention to the following message.

The Monero Vulnerability Response workgroup has received a disclosure of a wallet bug related to coinbase transactions, that could be disruptive to anyone running a wallet on an exchange, payment gateway, or service. There will be a patch released on GitHub on March the 6th, 2019, at 4pm GMT, so in about 4 days.

In the meantime, you can be safe against anyone trying to exploit this bug by running "set refresh-type no-coinbase" in monero-wallet-cli. Note that you will need to first close monero-wallet-rpc, and open the wallet with monero-wallet-cli. This should be set for every wallet you're running. This is a persistent flag, so once you quit monero-wallet-cli and start monero-wallet-rpc on that same wallet, the setting will persist.

NB: this is not a consensus bug, there is no double spend, it does not allow coins to be created out of thin air, etc.
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_______________________________________________

[dEBRUYNE]

Guys?
What is the name of the new algo after the fork next week?
Is there AMD miner for it atm?
If so, which platforms does it use (the miner)?
Thank you!

I think you are looking for this thread:

https://www.reddit.com/r/MoneroMining/comments/awx4jg/you_must_update_your_miners_for_the_march_9/

[dEBRUYNE]

Monero is now supported on Coinomi. A smartphone (and desktop) multi-currency wallet. https://www.coinomi.com/en/

Wow - they sure took their time with that, but better late than never I guess.

Anyone here know if wallets can be affected by the upcoming hardfork on March 9th?

Affected as in?

As in errors or quit working.

Edit - also wondering how anonymous Monero is coming from a Coinomi wallet?

I don't blame you for being concerned about the fork.
But it's not the wallet software that's at risk.
If something bad happens at the fork, it won't be a glitch with your wallet software.
If something bad happens at the fork, it could be much worse than that.  It could be a 51% attack, with double spends.
Your concern about the wallet not working is misplaced.  If that's all you're worried about, you can put your mind at rest.
By the way, linux CLI 14.0.0 daemon and wallet work great.  I'm using it now.

I still remember the problems I had upgrading my Linux wallet when Monero forked to v.7. Also I find the frequent forks tiresome, since they are only treating symptoms temporarily instead of curing the disease (ASIC vulnerability). The tech behind Monero is still cool, but not an end in itself, and I don't see the price going anywhere long as it remains "eclectic", and mainly useful on the darknet.

I think the Coinomi Monero integration is a mixed bag -
on one hand it's positive since it makes Monero more useful by providing more mainstream access to more people,
on the other hand accessibility is a big minus if the wallet isn't secure (https://www.reddit.com/r/reddCoin/comments/avb43d/crosspost_warning_coinomi_wallet_critical/).

The competition is not standing idle. I don't really see Grin as a serious threat to Monero, but I DO see Litecoin as one, since it has a better image, does not have the same issues with ASICS, and looks soon ready for MimbleWimble protocol integration. XMR still has cheaper fees than LTC (ASICS could change this for LTC..), and XMR may still win if the DEV's manage to maintain tech lead by salvaging Kovri before it's too late.

Any privacy feature addition to LTC will most likely be optional. As such, the following will apply:

https://www.reddit.com/r/Monero/comments/akq1q5/with_the_scaling_debate_behind_us_the_next/ef6xyq9/