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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4593772 times)
dEBRUYNE
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November 11, 2019, 06:41:14 PM
 #41241

What about all these rumors that privacy coins will be delisted from big exchanges? Was Monero or another known privacy coin affected, delisted?

Because of these rumors, Litecoin team started to rethink their strategy to implement a privacy solution to LTC.

Is this true or just FUD? If this is nothing more as a FUD, then whois behind it? Why only privacy coins are targeted?

I haven't heard anything about delistings of privacy coins from exchanges or even of plans to do so and that is why I ask you for a second opinion.

See my comment below.



There is no Korea ban, see my comment below (especially bolded part). Additionally, Bithumb (a Korean exchange) as well as Huobi Korea still have Monero listed.

Quote
Pasting my reddit comment:



The FATF guidance does not even prevent privacy coins from being listed on an exchange, as long as the exchange enforces KYC/AML for the users. I ascribe the recent events to an overzealous and erroneous interpretation of the guidance by the compliance department of the exchange in question. It further should be noted that, for instance, Binance and Kraken still cater to Korean users. Additionally, see a relevant comment of mine below:



My response to the following article: OKEx Korea delisting all privacy coins, including Monero, Zcash and Dash, as these ‘violate’ FATF’s 'travel rule' - The Block



Quote
as these ‘violate’ FATF’s 'travel rule'

I don't think this is the case actually. As long as they enforce KYC/AML for each account, they should be able to tie deposits and withdrawals to a certain person. In addition, they can send this information to another service (which is essentially what the travel rule is about) in case a direct withdrawal (i.e. a withdrawal to another service) is made.

People should also bear in mind that FATF merely makes recommendations:

Quote
Importantly, FATF doesn't have *any* regulatory authority of its own. FATF makes recommendations, not laws.

Member countries can adopt all, some, or none of FATF's recommendations. There are basically no repercussions for not adopting (or for violating) FATF recommendations.

The U.S. based exchanges will most likely follow FinCEN's guidance

Quote
As you might expect, the United States doesn't really like having its regulatory policy dictated to it by other countries.

FinCEN (the US regulator in charge of AML/CFT regulation) certainly does consider FATF's recommendations, but rarely adopts them wholesale.

Which was positive for privacy coins:

Quote
People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

The full twitter thread on FATF's guidance can be read here:

https://twitter.com/jchervinsky/status/1142578858589347840

EDIT: To add a few more things:

[1] Monero is private by default and optionally transparent. There are plenty of tools available in Monero that allow one to be compliant with an auditor.

https://monero.stackexchange.com/questions/tagged/auditing

[2] Tari Labs is working on an open source framework for listing Monero.

https://twitter.com/fluffypony/status/1172832896727638017

[3] CoinCenter confirmed in the MoneroKon regulatory panel that almost all exchanges are already mostly compliant with the FATF guidance (because they enforce KYC/AML for each user).

[4] Monero is listed on a lot of U.S. based regulated exchages, services, and OTC desks. I made an overview here:

https://np.reddit.com/r/xmrtrader/comments/c1zkfu/daily_discussion_tuesday_june_18th/ergqhzs/

[5] This only concerns *Korean* users of OKEx.



This subject was also extensively discussed in yesterday's Monero Coffee Chat. I highly recommend watching it:

https://www.youtube.com/watch?v=1y0YeTLbYE

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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November 11, 2019, 06:42:32 PM
Merited by Globb0 (2)
 #41242

CLI v0.15.0.0 'Carbon Chamaeleon' released!

https://www.reddit.com/r/Monero/comments/dtt2j3/cli_v01500_carbon_chamaeleon_released/


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Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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November 11, 2019, 08:26:37 PM
 #41243

edit:
Updated llinux 64 bit cli to 15.0.0 and had a problem at first with the wallet, but it's working now.
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November 12, 2019, 08:37:51 AM
 #41244

The FATF guidance does not even prevent privacy coins from being listed on an exchange, as long as the exchange enforces KYC/AML for the users. I ascribe the recent events to an overzealous and erroneous interpretation of the guidance by the compliance department of the exchange in question. It further should be noted that, for instance, Binance and Kraken still cater to Korean users. Additionally, see a relevant comment of mine below:

Thank you for pointing me to this informations.

If we sum all of these above in one sentence it would be this one quoted by me above and to make it even more simple it is enough that exchange has KYC/ALM requirement and that should be enough for Monero to be not delisted if this exchange is licensed or try to comply with FATF rules.

As for now, Monero was not delisted from any exchange if I understand correctly?

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November 12, 2019, 09:38:22 AM
 #41245

XMR Monero Will be listing on exchanger INDODAX
November 13, 2019
Source
https://twitter.com/indodax/status/1191973605409742849?s=19

https://www.instagram.com/p/B4g8rReAKDy/?igshid=rxb261r1xb7q

https://m.facebook.com/story.php?story_fbid=2405706432874788&substory_index=0&id=372185939560191

More information https://blog.indodax.com/zcash-monero-listing-on-indodax/

 
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dEBRUYNE
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November 12, 2019, 11:15:07 AM
 #41246

The FATF guidance does not even prevent privacy coins from being listed on an exchange, as long as the exchange enforces KYC/AML for the users. I ascribe the recent events to an overzealous and erroneous interpretation of the guidance by the compliance department of the exchange in question. It further should be noted that, for instance, Binance and Kraken still cater to Korean users. Additionally, see a relevant comment of mine below:

Thank you for pointing me to this informations.

If we sum all of these above in one sentence it would be this one quoted by me above and to make it even more simple it is enough that exchange has KYC/ALM requirement and that should be enough for Monero to be not delisted if this exchange is licensed or try to comply with FATF rules.

As for now, Monero was not delisted from any exchange if I understand correctly?

You're welcome.

it is enough that exchange has KYC/ALM requirement and that should be enough for Monero to be not delisted if this exchange is licensed or try to comply with FATF rules.

Correct, see also:

https://twitter.com/fluffypony/status/1172832896727638017

As for now, Monero was not delisted from any exchange if I understand correctly?

Not sure what you are trying to ask, can you elaborate or rephrase?

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Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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November 12, 2019, 02:40:54 PM
 #41247


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

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November 12, 2019, 07:10:28 PM
 #41248


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

Have you tried using the direct download link (see linked thread)?

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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November 13, 2019, 10:18:39 AM
 #41249


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

Have you tried using the direct download link (see linked thread)?

Yes, then i get a 404 error on the server, unfortunately....

I get a error for a payment
Code:
Error: Unerwarteter Fehler:boost::too_many_args: format-string referred to fewer arguments than were passed
to XMR.to.
I enter the transfer argument via c&p, then the wallet password, and then i get this error. You know that one?

EDIT: Just skipped to 14.1.0, no problems at all. I am running the monerod with the --prune-blockchain argument

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November 13, 2019, 11:19:54 AM
 #41250


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

Have you tried using the direct download link (see linked thread)?

Yes, then i get a 404 error on the server, unfortunately....

I get a error for a payment
Code:
Error: Unerwarteter Fehler:boost::too_many_args: format-string referred to fewer arguments than were passed
to XMR.to.
I enter the transfer argument via c&p, then the wallet password, and then i get this error. You know that one?

EDIT: Just skipped to 14.1.0, no problems at all. I am running the monerod with the --prune-blockchain argument

Which specific command are you using to transfer funds? Simply the transfer one? And are you passing additional arguments?

P.S. If you think it is an actual bug, could you please open a new issue on the Monero Github repository? That will ensure the bug will get fixed swiftly.

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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November 13, 2019, 04:50:12 PM
 #41251


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

Have you tried using the direct download link (see linked thread)?

Yes, then i get a 404 error on the server, unfortunately....

I get a error for a payment
Code:
Error: Unerwarteter Fehler:boost::too_many_args: format-string referred to fewer arguments than were passed
to XMR.to.
I enter the transfer argument via c&p, then the wallet password, and then i get this error. You know that one?

EDIT: Just skipped to 14.1.0, no problems at all. I am running the monerod with the --prune-blockchain argument

Which specific command are you using to transfer funds? Simply the transfer one? And are you passing additional arguments?

P.S. If you think it is an actual bug, could you please open a new issue on the Monero Github repository? That will ensure the bug will get fixed swiftly.

I am using
Code:
transfer <address> <ammount>
as proposed by XMR.to without any additional arguments, System running on 64bit 16.04 Ubuntu, monerod running in --prune-blockchain argument on monerod 15.0.0. Same on binaries 14.1.0 without any issues.
Before i file a bugreport i just want to check if i made a mistake or if i am missing anything?

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November 14, 2019, 06:28:53 PM
 #41252


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

Have you tried using the direct download link (see linked thread)?

Yes, then i get a 404 error on the server, unfortunately....

I get a error for a payment
Code:
Error: Unerwarteter Fehler:boost::too_many_args: format-string referred to fewer arguments than were passed
to XMR.to.
I enter the transfer argument via c&p, then the wallet password, and then i get this error. You know that one?

EDIT: Just skipped to 14.1.0, no problems at all. I am running the monerod with the --prune-blockchain argument

Which specific command are you using to transfer funds? Simply the transfer one? And are you passing additional arguments?

P.S. If you think it is an actual bug, could you please open a new issue on the Monero Github repository? That will ensure the bug will get fixed swiftly.

I am using
Code:
transfer <address> <ammount>
as proposed by XMR.to without any additional arguments, System running on 64bit 16.04 Ubuntu, monerod running in --prune-blockchain argument on monerod 15.0.0. Same on binaries 14.1.0 without any issues.
Before i file a bugreport i just want to check if i made a mistake or if i am missing anything?

As far as I can see, that is the proper command. Thus, please file a bug report.

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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November 14, 2019, 10:01:39 PM
Merited by Hueristic (1)
 #41253


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

Have you tried using the direct download link (see linked thread)?

Yes, then i get a 404 error on the server, unfortunately....

I get a error for a payment
Code:
Error: Unerwarteter Fehler:boost::too_many_args: format-string referred to fewer arguments than were passed
to XMR.to.
I enter the transfer argument via c&p, then the wallet password, and then i get this error. You know that one?

EDIT: Just skipped to 14.1.0, no problems at all. I am running the monerod with the --prune-blockchain argument

Which specific command are you using to transfer funds? Simply the transfer one? And are you passing additional arguments?

P.S. If you think it is an actual bug, could you please open a new issue on the Monero Github repository? That will ensure the bug will get fixed swiftly.

I am using
Code:
transfer <address> <ammount>
as proposed by XMR.to without any additional arguments, System running on 64bit 16.04 Ubuntu, monerod running in --prune-blockchain argument on monerod 15.0.0. Same on binaries 14.1.0 without any issues.
Before i file a bugreport i just want to check if i made a mistake or if i am missing anything?

As far as I can see, that is the proper command. Thus, please file a bug report.

Done --> https://github.com/monero-project/monero/issues/6136

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November 15, 2019, 10:57:02 AM
 #41254

Monero is looking bullish again!

https://coincodex.com/article/5960/monero-price-analysis-uptrend-expected-to-continue-for-xmr/

Best way to LONG/SHORT Bitcoin. Up to 66x leverage. Register on BitMax now!
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November 15, 2019, 12:36:14 PM
 #41255


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

Have you tried using the direct download link (see linked thread)?

Yes, then i get a 404 error on the server, unfortunately....

I get a error for a payment
Code:
Error: Unerwarteter Fehler:boost::too_many_args: format-string referred to fewer arguments than were passed
to XMR.to.
I enter the transfer argument via c&p, then the wallet password, and then i get this error. You know that one?

EDIT: Just skipped to 14.1.0, no problems at all. I am running the monerod with the --prune-blockchain argument

Which specific command are you using to transfer funds? Simply the transfer one? And are you passing additional arguments?

P.S. If you think it is an actual bug, could you please open a new issue on the Monero Github repository? That will ensure the bug will get fixed swiftly.

I am using
Code:
transfer <address> <ammount>
as proposed by XMR.to without any additional arguments, System running on 64bit 16.04 Ubuntu, monerod running in --prune-blockchain argument on monerod 15.0.0. Same on binaries 14.1.0 without any issues.
Before i file a bugreport i just want to check if i made a mistake or if i am missing anything?

As far as I can see, that is the proper command. Thus, please file a bug report.

Done --> https://github.com/monero-project/monero/issues/6136

Thanks!

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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November 15, 2019, 03:16:59 PM
 #41256


Thank you, done. Would you guys do us a favor. Everytime i update my server, i have to follow the link https://downloads.getmonero.org/cli/linux64 and then rename the file through wget -cO. Would you be so kind to save the file or the symlink with the actual name/version of the file, that would be great, thanks  Grin

Have you tried using the direct download link (see linked thread)?

Yes, then i get a 404 error on the server, unfortunately....

I get a error for a payment
Code:
Error: Unerwarteter Fehler:boost::too_many_args: format-string referred to fewer arguments than were passed
to XMR.to.
I enter the transfer argument via c&p, then the wallet password, and then i get this error. You know that one?

EDIT: Just skipped to 14.1.0, no problems at all. I am running the monerod with the --prune-blockchain argument

Which specific command are you using to transfer funds? Simply the transfer one? And are you passing additional arguments?

P.S. If you think it is an actual bug, could you please open a new issue on the Monero Github repository? That will ensure the bug will get fixed swiftly.

I am using
Code:
transfer <address> <ammount>
as proposed by XMR.to without any additional arguments, System running on 64bit 16.04 Ubuntu, monerod running in --prune-blockchain argument on monerod 15.0.0. Same on binaries 14.1.0 without any issues.
Before i file a bugreport i just want to check if i made a mistake or if i am missing anything?

As far as I can see, that is the proper command. Thus, please file a bug report.

Done --> https://github.com/monero-project/monero/issues/6136

Thanks!

You are welcome  Grin
MoneroMoo found the bug in the LANG=locale setting. If you run LANG=C no porblem at all, if i run my local setting, then i get the error. Something small, but i think that will be corrected in the next release or you build the files by your own  Grin Cheesy

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November 16, 2019, 07:04:08 AM
 #41257


This is the correct thread for your post.

https://bitcointalk.org/index.php?topic=753252.0



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November 16, 2019, 11:24:10 AM
 #41258


@ https://web.getmonero.org/downloads/ for some reason GUI release confusingly enough labeled as "Current Version: 0.14.1.0 Carbon Chamaeleon" - which I presume is a mistake


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November 16, 2019, 06:42:41 PM
 #41259


@ https://web.getmonero.org/downloads/ for some reason GUI release confusingly enough labeled as "Current Version: 0.14.1.0 Carbon Chamaeleon" - which I presume is a mistake

GUI v0.15 has not been released yet, it is forthcoming.

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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November 16, 2019, 06:45:37 PM
Merited by Hueristic (1)
 #41260


@ https://web.getmonero.org/downloads/ for some reason GUI release confusingly enough labeled as "Current Version: 0.14.1.0 Carbon Chamaeleon" - which I presume is a mistake

It is not mistake, there is no GUI 0.15.0.0 Carbon Chamaeleon yet. Oh there is mistake in name. 0.14 was Boron Butterfly.  

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