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

[DaveyJones]

Guys, does anybody know why XC is rising on Poloniex (not price only, but volume too), second day already? I look at their thread, and see last post Jun 29.

https://bitcointalk.org/index.php?topic=600706.6100

WTF not Monero?

you got a pm

[myagui]

You need to look at this other thread instead:
https://bitcointalk.org/index.php?topic=630547.0

I'm hopeful that the senior members here would kindly deliver one of their interesting analysis, addressing the potential threat from XC. I'm not knowledgeable enough on the privacy implementations to discern an advantage here or there. The major downside with XC, for me, is that a) I don't hold any, and b) it's already turned PoS only.
  
Cheers,
~Myagui

[darkota]

You need to look at this other thread instead:
https://bitcointalk.org/index.php?topic=630547.0

I'm hopeful that the senior members here would kindly deliver one of their interesting analysis, addressing the potential threat from XC. I'm not knowledgeable enough on the privacy implementations to discern an advantage here or there. The major downside with XC, for me, is that a) I don't hold any, and b) it's already turned PoS only.
  
Cheers,
~Myagui

I've looked at XC for a while....it simply uses coinjoin and calls that "anonymity". And that is considered laughable..Read Gmaxwell's posts, he  is the creator of coinjoin, and has said himself that it is not anonymous, even the slightest bit of taint when mixing and it would be possible to discover who sent what and where.

All coinjoin does is mix transactions around, that's it, it shouldn't be considered anonymity.

[binaryFate]

Reason is because Monero doesnt have an official GUI yet. There are GUI wallets you can use, but they're not the "official"  monero gui wallet.

I seriously doubt that. I think it's already priced in. People are not so dumb to value the currency completely differently if there is "official" on the name of the GUI or not.
To me it's like mintpal, everybody was like "it will skyrocket", but in fact this was completely integrated in the price already.

[33zer0w0lf]

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[monero]

Monero Missives

July 6th, 2014

Hello, and welcome to our fifth Monero Missive!

Major Updates

1. fluffypony had a great time discussing Monero at the Bitcoin Supernode Conference in Estonia. Many thanks to rpietila for hosting him and all attendees.

2. Work on the academic peer review of the CryptoNote whitepaper is slowly starting to move away from an academic platform and on to the code itself, to determine whether the reference implementation correctly implements the whitepaper. Before that happens, though, a summary of the initial findings will be published. We are expecting this to be completed this coming week.

3. Transaction auto-splitting is now in the main codebase. To explain our methodology: the main github repo will always be "active development", and may contain code that will be reverted or is not fully tested. For those that are brave and want to test and contribute to development, it is the ideal starting point. However, on an ongoing basis we are going to create tagged releases, whereby when a group of new features have been fully tested, a new release can be tagged, and binaries can be put out (along with the code on the github tag, of course). Expect this change to start taking effect within the next 4 weeks.

4. We'd like to apologise for not finalise the GUI bounty - everyone has been a little scattered this week. We will resolve this in its entirety within the next 48 hours!

Dev Diary

Core: daemonizing changes are ready for testing: https://github.com/mikezackles/bitmonero/tree/daemonize

Core: rpcwallet is ready for testing: https://github.com/tewinget/bitmonero/tree/rpcwallet


This Missive is a little light on major updates (well, we can't have something major every week;) primarily because there has been lots of plotting and planning this week. As always: you can keep up to date with the nitty-gritty on IRC in #monero-dev on Freenode if you're interested.

Until next week!

- updated by fluffypony

[strangewildthing]

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[btell]

Core: rpcwallet is ready for testing: https://github.com/tewinget/bitmonero/tree/rpcwallet

When do you plan to release Monero binaries with rpcwallet? Approx.?

This Missive is a little light on major updates (well, we can't have something major every week;) primarily because there has been lots of plotting and

Please make instructions to migrate from 32-bit to 64-bit Monero sticky at 1st page of the thread - just for newbies. I had migrated and feel fine with Monero's 64-bit executables stability under Windows!

[ltcnim]

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I now tried a few times on the irc channel, but nothing happened so far:

can you please send me my remaining balance for addr.

4A6dz63kfnEPDzefMU51Y1AcbwmsdyxH1aAyKLVF5KigTMzfK824zM7SZ276pWzR7MNQwd8Suwv34a6 Ju9gQGztCT5TNgXk

thanks..

[Mumbles]

Wow, so lame! I am pretty much thinking at this point that the "dev team" is not capable of progressing much on this. Four weeks and still analyzing the white paper?! WTF.

No major progress in the last two weeks? This is sick.

Monero Missives

July 6th, 2014

Hello, and welcome to our fifth Monero Missive!

Major Updates

1. fluffypony had a great time discussing Monero at the Bitcoin Supernode Conference in Estonia. Many thanks to rpietila for hosting him and all attendees.

2. Work on the academic peer review of the CryptoNote whitepaper is slowly starting to move away from an academic platform and on to the code itself, to determine whether the reference implementation correctly implements the whitepaper. Before that happens, though, a summary of the initial findings will be published. We are expecting this to be completed this coming week.

3. Transaction auto-splitting is now in the main codebase. To explain our methodology: the main github repo will always be "active development", and may contain code that will be reverted or is not fully tested. For those that are brave and want to test and contribute to development, it is the ideal starting point. However, on an ongoing basis we are going to create tagged releases, whereby when a group of new features have been fully tested, a new release can be tagged, and binaries can be put out (along with the code on the github tag, of course). Expect this change to start taking effect within the next 4 weeks.

4. We'd like to apologise for not finalise the GUI bounty - everyone has been a little scattered this week. We will resolve this in its entirety within the next 48 hours!

Dev Diary

Core: daemonizing changes are ready for testing: https://github.com/mikezackles/bitmonero/tree/daemonize

Core: rpcwallet is ready for testing: https://github.com/tewinget/bitmonero/tree/rpcwallet


This Missive is a little light on major updates (well, we can't have something major every week;) primarily because there has been lots of plotting and planning this week. As always: you can keep up to date with the nitty-gritty on IRC in #monero-dev on Freenode if you're interested.

Until next week!

- updated by fluffypony

[owlcatz]

Wow, so lame! I am pretty much thinking at this point that the "dev team" is not capable of progressing much on this. Four weeks and still analyzing the white paper?! WTF.
No major progress in the last two weeks? This is sick.

You are more than welcome to contribute your coding skills. Otherwise, STFU and/or GTFO. Moron!  /sorry, but so sick of morons here lol. :\

[darkota]

They're doing this the right way. In real life, people that work for corporations take their time and apply fixes, they don't rush through things and give half arsed "solutions"

Would you rather have half arsed work that cause major problems down the road? Or rather have well done, professional solutions applied for today and with the future in mind?

[cyberdonger]

Yes, I'm wondering how these people make it to the end of the bed in the morning. Every day I must demand field-leveling advancements that encompass redefining reality itself.

To settle for anything less means that the developers are completely incompetent and lazy. We should clearly all get torches and start a witch hunt.

Seriously, if you're planning on developing this coin you'd best make sure you hand me a million bitcoins first because I took all the risk here by mining and investing in your open-source coin. Then you can ask me for permission to develop this open-source software, because I felt forced to giving you my infinitely valuable attention.

Only after all of my demands have been met will I even consider allowing you to grace my pristine presence in this thread all my like-minded peers, and I'll also think about allowing you to compile binaries for us to use in which I will continue to acquire infinite money and bitches.

If people aren't constantly forced to, at least once every single day, stop dead in their tracks and re-consider their place in the universe thanks to the incredible achievements of such beautiful minds as the Monero development team well I just don't know what I'd do.

Everything they do is horrible, it sucks, I hate it, the world hates it, clearly we should just complain to them until everything gets better....

...is what I would say if I were some kind of pompous assbag.

[othe]

Wow, so lame! I am pretty much thinking at this point that the "dev team" is not capable of progressing much on this. Four weeks and still analyzing the white paper?! WTF.
No major progress in the last two weeks? This is sick.

You are more than welcome to contribute your coding skills. Otherwise, STFU and/or GTFO. Moron!  /sorry, but so sick of morons here lol. :\

I couldnt say it better.

Heres a quote from Gavin Andresen (Bitcoin) which fits perfectly:
“Do not treat the core development team as if we were a commercial company that sold you a software library. That is not how open source works; if you are making a profit using the software, you are expected to help develop, debug, test, and review it.”

PS: We have around 4-5k+ (!) changes on all our branches combined the last weeks.

Check Neos latest Pull request here: https://github.com/monero-project/bitmonero/pull/58 "+4,490 additions −1,189 deletions + Files changed 52"

Hes prolly one of those Bytecoin fake accounts, so just ingnore.

[statdude]

Yes, I'm wondering how these people make it to the end of the bed in the morning. Every day I must demand field-leveling advancements that encompass redefining reality itself.

To settle for anything less means that the developers are completely incompetent and lazy. We should clearly all get torches and start a witch hunt.

Seriously, if you're planning on developing this coin you'd best make sure you hand me a million bitcoins first because I took all the risk here by mining and investing in your open-source coin. Then you can ask me for permission to develop this open-source software, because I felt forced to giving you my infinitely valuable attention.

Only after all of my demands have been met will I even consider allowing you to grace my pristine presence in this thread all my like-minded peers, and I'll also think about allowing you to compile binaries for us to use in which I will continue to acquire infinite money and bitches.

If people aren't constantly forced to, at least once every single day, stop dead in their tracks and re-consider their place in the universe thanks to the incredible achievements of such beautiful minds as the Monero development team well I just don't know what I'd do.

Everything they do is horrible, it sucks, I hate it, the world hates it, clearly we should just complain to them until everything gets better....

...is what I would say if I were some kind of pompous assbag.

Haha, nice post.

[btell]

Wow, so lame! I am pretty much thinking at this point that the "dev team" is not capable of progressing much on this. Four weeks and still analyzing the white paper?! WTF.

No major progress in the last two weeks? This is sick.

Look at XC moderated thread for example, and you will consider what's actually WTF Closed source & censored discussion

If you can here - study a source and contribute a commit!

[darkota]

Reason is because Monero doesnt have an official GUI yet. There are GUI wallets you can use, but they're not the "official"  monero gui wallet.

I seriously doubt that. I think it's already priced in. People are not so dumb to value the currency completely differently if there is "official" on the name of the GUI or not.
To me it's like mintpal, everybody was like "it will skyrocket", but in fact this was completely integrated in the price already.

You overestimate how dumb people are.

Any sort of news can send a coin skyrocketing or crashing in the world of cryptocoins... incase you haven't noticed.

[owlcatz]

Reason is because Monero doesnt have an official GUI yet. There are GUI wallets you can use, but they're not the "official"  monero gui wallet.

I seriously doubt that. I think it's already priced in. People are not so dumb to value the currency completely differently if there is "official" on the name of the GUI or not.
To me it's like mintpal, everybody was like "it will skyrocket", but in fact this was completely integrated in the price already.

You overestimate how dumb people are.

Any sort of news can send a coin skyrocketing or crashing in the world of cryptocoins... incase you haven't noticed.

absolutely. if a full qt based wallet came out that wasnt' bug ridden, this coin would probably take off big, but thats just speculation of course. i do understand and fully back the technology behind it either way - this is NOT a btc clone, it's completely new and amazing! .. so i'm hodl'ing.

[TeeBone]

Yo we need to be buying here, .0035 is a nice base to form after the big drop. A further crash can do some mid-term damage ? Those selling now are the quick-buckers, lets get these cheap coins into competent hands.

[aminorex]

Yo we need to be buying here, .0035 is a nice base to form after the big drop. A further crash can do some mid-term damage ? Those selling now are the quick-buckers, lets get these cheap coins into competant hands.

Yeah, 0035 will probably hold pretty well, unless BTC takes off.  If BTC goes to 4k, it could go as low as 002, but no lower i think.  In a post-bubble malaise, it may offer some hedging value.  If BTC goes to 4k by august, and xmr to 002, i may rotate 80% of my crypto into xmr.  by the time BTC gets back to 2k, xmr should be 004 again.  it's a hypothetical scenario that has some internally consistent logic, that's all.  we'll see.