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

[xnbya]

What is the Monero development team’s stance on Asic resistance presently? Will it continue to hard fork to stop Asics?

I might have made a mistake in my support for embracing Asics for Aeon. It is only a small coin and it might not matter, however, giving up on mining with ordinary hardware might be a mistake.

The hard forks to change the POW have now stopped. Monero has been using RandomX for 15 months now with no sign of Asics.  Hopefully it stays that way.

[1713557992]

1713557992

[Hueristic]

Monero botnet miners might like this article hehe. It might also be made to use the private Monero blockchain and the view key for the corresponding public key for untraceability from outsiders.

In America, uncensorable mining and unenforceable mining shutdowns might be the future of the cryptospace if Yellen’s crackdown begins.



When hackers corral infected computers into a botnet, they take special care to ensure they don’t lose control of the server that sends commands and updates to the compromised devices. The precautions are designed to thwart security defenders who routinely dismantle botnets by taking over the command-and-control server that administers them in a process known as sinkholing.

Recently, a botnet that researchers have been following for about two years began using a new way to prevent command-and-control server takedowns: by camouflaging one of its IP addresses in the bitcoin blockchain.

Source https://arstechnica.com/information-technology/2021/02/crooks-use-the-bitcoin-blockchain-to-protect-their-botnets-from-takedown/

Taking advantage of uncensorable immutability.

[bbc.reporter]

@Hueristic. In a fictional world where the president of the one world government, Janet Yellen has begun persecuting miners of the free people's currency, hidden bot mining is the only hope hehehe.

However, the Biden administration might begin to go after bitcoin miners in America. Janet Yellen's statements have not been very optimistic for the cryptospace.

[baro77]

Hi everybody!

While studying Zero to Monero: Second Edition https://www.getmonero.org/library/Zero-to-Monero-2-0-0.pdf I have created an infographic to strengthen my understanding. Hope it to be useful to someone else as well!

https://baro77.medium.com/e0abb8174757?source=friends_link&sk=86505f1916726e1ddb0b930c4700ebb5

(Sorry for medium link, but I have problem inserting only the image link)

[Hueristic]

Hi everybody!

While studying Zero to Monero: Second Edition https://www.getmonero.org/library/Zero-to-Monero-2-0-0.pdf I have created an infographic to strengthen my understanding. Hope it to be useful to someone else as well!

https://baro77.medium.com/e0abb8174757?source=friends_link&sk=86505f1916726e1ddb0b930c4700ebb5

(Sorry for medium link, but I have problem inserting only the image link)

Great!

Link to article is better as most of us won't open a linked pdf.

I would have clapped but then i would have to sign in and then they paywall nag me.

[Hueristic]

@Hueristic. In a fictional world where the president of the one world government, Janet Yellen has begun persecuting miners of the free people's currency, hidden bot mining is the only hope hehehe.

However, the Biden administration might begin to go after bitcoin miners in America. Janet Yellen's statements have not been very optimistic for the cryptospace.

Biden going after cryptography is a unsubstantiated Fud attack.

Trump was more anti bitcoin than any politician.



Janet Yellen is a tool of the establishment and just totes the .01%er's lines.

[elrippos friend]

@Hueristic. In a fictional world where the president of the one world government, Janet Yellen has begun persecuting miners of the free people's currency, hidden bot mining is the only hope hehehe.

However, the Biden administration might begin to go after bitcoin miners in America. Janet Yellen's statements have not been very optimistic for the cryptospace.

Biden going after cryptography is a unsubstantiated Fud attack.

Trump was more anti bitcoin than any politician.



Janet Yellen is a tool of the establishment and just totes the .01%er's lines.

Man, that sucker again....

[Hueristic]

https://twitter.com/comit_network/status/1367731779461804033

Want to participate in our public $XMR<>#Bitcoin
 atomic swap demo? Trustless, Non-Custodial, Open-Source. Download here:

https://github.com/comit-network/xmr-btc-swap/releases/tag/v0.2

[cAPSLOCK]

LOL.  This may be the dumnest thing I have read this year.  Did someone get PAID to do this?

https://ieeexplore.ieee.org/document/8685178

"Traceable Monero: Anonymous Cryptocurrency with Enhanced Accountability"

[bitebits]

LOL.  This may be the dumnest thing I have read this year.  Did someone get PAID to do this?

https://ieeexplore.ieee.org/document/8685178

"Traceable Monero: Anonymous Cryptocurrency with Enhanced Accountability"

For those new here. Yes Monero is indeed fully private, but already optionally transparent:
(need a pull request to change the readability a bit)

View Key - The Basics

One of two sets of private and public cryptographic keys that each account has, with the private view key required to view all transactions related to the account.

Monero features an opaque blockchain (with an explicit allowance system called the view key), in sharp contrast with transparent blockchains used by any other cryptocurrency not based on CryptoNote. Thus, Monero is said to be "private, optionally transparent".

Every Monero address has a private viewkey which can be shared. By sharing a viewkey, a person is allowing access to view every incoming transaction for that address. However, outgoing transactions cannot be reliably viewed as of June 2017. Therefore, the balance of a Monero address as shown via a viewkey should not be relied upon.

https://www.getmonero.org/resources/moneropedia/viewkey.html

[user187fr]

hi !  

i am new to monero, but i have some experience with bitcoin core and bitcoin cash.

i have found a list of app wallets on the official website ( getmonero.org/downloads/ ), ok good !

i plan to generate an address / viewkey / spendkey, with moneroaddress.org.

then i plan to store the address / viewkey / spendkey in a txt file, compressed in a password protected 7z archive (AES-256)

then i plan to use the mymonero app wallet (android) to manage the address (to receive / send xmr)

( i  do a similar approach for my btc addresses / coins, and for my bch addresses / coins, and no problem until now (fingers crossed ) )

a few questions, please :

Q1) is the generator on moneroaddress.org trustworthy / reliable ?
 answer : apparently yes because recommended on the official website...

Q2) is the mymonero app wallet (android) trustworthy / reliable ?
 answer : apparently yes because recommended on the official website...

Q3) who funds the developments of the monero protocol ? are the developpers / contributors only working for the "cause" ?
 answer : apparently by donations and crowfunding...

any others advices you may have for a beginner ?

thanks !

[cAPSLOCK]

hi !  

i am new to monero, but i have some experience with bitcoin core and bitcoin cash.

i have found a list of app wallets on the official website ( getmonero.org/downloads/ ), ok good !

i plan to generate an address / viewkey / spendkey, with moneroaddress.org.

then i plan to store the address / viewkey / spendkey in a txt file, compressed in a password protected 7z archive (AES-256)

then i plan to use the mymonero app wallet (android) to manage the address (to receive / send xmr)

( i  do a similar approach for my btc addresses / coins, and for my bch addresses / coins, and no problem until now (fingers crossed ) )

a few questions, please :

Q1) is the generator on moneroaddress.org trustworthy / reliable ?
 answer : apparently yes because recommended on the official website...

Q2) is the mymonero app wallet (android) trustworthy / reliable ?
 answer : apparently yes because recommended on the official website...

Q3) who funds the developments of the monero protocol ? are the developpers / contributors only working for the "cause" ?
 answer : apparently by donations and crowfunding...

any others advices you may have for a beginner ?

thanks !

You will not like my reply.

I am going to assume you are planning to store what you consider to an un-lose-able sum.

Personally I think using moneroaddress.org is risky unless you know exactly what you are doing, and then the Dunning-Kruger effect is your enemy. You should ABSOLUTELY NOT use it on a computer that is connected to a network, or ever will be again.  If you can use some disposable OS or tails etc on a laptop that wont ever...  muh seriously.  It's really really just a bad idea.  I assume you will be entering in seed words on a internet connected computer...  all it takes then is a keylogger etc.  I guess if you are going to create a watch only wallet that is basically cold storage...  Then it's better.

Yes MyMonero is (probably?) trustworthy.  But you are choosing the lest secure of all Monero wallets.  It's a web wallet.  I would either use the official wallet, or Feather.  And you might as well generate your keys in those if you planned to just type them in in the first place.

Using a hardware wallet is really the best bet.  Period.  Seed created on unconnected device.  Stored on paper (or metal etc).  You get to use a Bip39 passphrase...  It's worth the 60-100$ IMHO.

Maybe someone can give you a less paranoid answer...  Why says I am right?  Don't trust.

Good luck!!!

[elrippos friend]

hi !  

i am new to monero, but i have some experience with bitcoin core and bitcoin cash.

i have found a list of app wallets on the official website ( getmonero.org/downloads/ ), ok good !

i plan to generate an address / viewkey / spendkey, with moneroaddress.org.

then i plan to store the address / viewkey / spendkey in a txt file, compressed in a password protected 7z archive (AES-256)

then i plan to use the mymonero app wallet (android) to manage the address (to receive / send xmr)

( i  do a similar approach for my btc addresses / coins, and for my bch addresses / coins, and no problem until now (fingers crossed ) )

a few questions, please :

Q1) is the generator on moneroaddress.org trustworthy / reliable ?
 answer : apparently yes because recommended on the official website...

Q2) is the mymonero app wallet (android) trustworthy / reliable ?
 answer : apparently yes because recommended on the official website...

Q3) who funds the developments of the monero protocol ? are the developpers / contributors only working for the "cause" ?
 answer : apparently by donations and crowfunding...

any others advices you may have for a beginner ?

thanks !

You will not like my reply.

I am going to assume you are planning to store what you consider to an un-lose-able sum.

Personally I think using moneroaddress.org is risky unless you know exactly what you are doing, and then the Dunning-Kruger effect is your enemy. You should ABSOLUTELY NOT use it on a computer that is connected to a network, or ever will be again.  If you can use some disposable OS or tails etc on a laptop that wont ever...  muh seriously.  It's really really just a bad idea.  I assume you will be entering in seed words on a internet connected computer...  all it takes then is a keylogger etc.  I guess if you are going to create a watch only wallet that is basically cold storage...  Then it's better.

Yes MyMonero is (probably?) trustworthy.  But you are choosing the lest secure of all Monero wallets.  It's a web wallet.  I would either use the official wallet, or Feather.  And you might as well generate your keys in those if you planned to just type them in in the first place.

Using a hardware wallet is really the best bet.  Period.  Seed created on unconnected device.  Stored on paper (or metal etc).  You get to use a Bip39 passphrase...  It's worth the 60-100$ IMHO.

Maybe someone can give you a less paranoid answer...  Why says I am right?  Don't trust.

Good luck!!!

AMEN 

[Anon136]

I'm using the core wallet with the trezor model T and I have a different address showing up on the screen of the trezor to the one I'm supposed to be sending to according to the wallet on screen.
Anyone ever seen this?
Anyone have any idea what the heck might be going on here?
I'm not clicking send because thats literally the point of the trezor.

[Anon136]

Is this thread dead? Thats kind of sad if it is.

[Hueristic]

Is this thread dead? Thats kind of sad if it is.

I would guess no-one wants to give you bad advice so no replies.

[Anon136]

Is this thread dead? Thats kind of sad if it is.

I would guess no-one wants to give you bad advice so no replies.

Fair enough.

[cAPSLOCK]

Is this thread dead? Thats kind of sad if it is.

I would guess no-one wants to give you bad advice so no replies.

Fair enough.

That would scare the shit out of me Anon..  I would not hit send, that's for sure.

What I would do:
Make sure Trezor is up to date firmware/app wise.
Search reddit.
Try it with a fresh install of the s/w and a recreated wallet.
Reach out to Trezor if the above does not solve it...

[elrippos friend]

I'm using the core wallet with the trezor model T and I have a different address showing up on the screen of the trezor to the one I'm supposed to be sending to according to the wallet on screen.
Anyone ever seen this?
Anyone have any idea what the heck might be going on here?
I'm not clicking send because thats literally the point of the trezor.

Were did you buy the Trezor Model T?
Are you using the GUI wallet? Were did you download the wallet software? Did you verify it?

[dEBRUYNE]

I'm using the core wallet with the trezor model T and I have a different address showing up on the screen of the trezor to the one I'm supposed to be sending to according to the wallet on screen.
Anyone ever seen this?
Anyone have any idea what the heck might be going on here?
I'm not clicking send because thats literally the point of the trezor.

Try the suggestion here:

https://www.reddit.com/r/monerosupport/comments/lsnrpn/trezor_address_is_different/got174z/

To add, the issue will be fixed in the next release.