smooth
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July 16, 2014, 08:40:37 PM |
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It refers to a well known privacy issue on CN coins. We've had a fix for this in the development for weeks now after corresponding with a Bitcoin core devs that should be more effective than the solution for Boolberry, we're just waiting until the core of the software is more mature before we roll it out. tacotime, it's very important to put this answer sticky this thread or somewhere std. FAQ location! Otherwise, newbies are coming and asking it again and again, to test our patience. Dear newbies, read tacotime's answer twice, Monero devs are much more academic guys than you suppose, so they do know what things to go when. Added to FAQ thread https://bitcointalk.org/index.php?topic=686086.0
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smooth
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July 16, 2014, 08:44:13 PM |
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This may have already been covered, but has anyone addressed the problem that AnonyMint has brought up? He seems like a very smart guy, and this should be worth looking into. This is very preliminary, but it appears to me that all anonymous coins based on unlinkability will not be able to solve the very serious double-spend threat. If am correct, this is both a major and fundamental solution for longest chain rule of proof-of-work, but it also eliminates unlinkability as a anonymity solution. Sorry to say. Again this is preliminary, and needs more peer review. Dear Monero devs, please answer this stuff. My English is not well to understand what does AnonyMint speak about. I just feel, he sheds light on possible fundamental vulnerability that says unlinkability is not compatible with longest chain rule of proof-of-work. I may mistake. He's referring to the fact that private transactions are not compatible with one particular tweak he has come up with for how blockchains work. His tweak is not a generally accepted method at all, nor it is generally accepted that such a tweak is needed to address the issues raised (though this does not necessarily imply the opposite), and is not implemented in any coin whatsoever. tldr: not relevant to any existing coin
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fluffypony
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July 16, 2014, 08:46:38 PM Last edit: July 16, 2014, 09:20:29 PM by fluffypony |
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Dear Monero devs, please answer this stuff.
My English is not well to understand what does AnonyMint speak about. I just feel, he sheds light on possible fundamental vulnerability that says unlinkability is not compatible with longest chain rule of proof-of-work. I may mistake.
Key images are a unique property of the CryptoNote protocol that prevent double spends. To quote gmaxwell and andytoshi, one of which is a core Bitcoin developer and the other is someone who truly understands both mathematics and cryptography: Double-spending is prevented using a so-called "key image", a novel feature of BRS. The key image is a component of a BRS signature which is determined entirely by the private key used to produce the signature. This means that two signatures which use the same private key, i.e. which try to spend the same coin twice, will have the same key image. Thus preventing double-spending is as easy as ensuring that the same key image never appears twice. (On the other hand, the key image cannot be inverted to obtain the original private key; thus in the absense of double-spending attempts it cannot be used to deanonymize the signature.)
That is the end of this discussion, and I would suggest we not get caught up in random and nonsensical panic attacks just because someone claims a particular flaw exists when it doesn't.
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btell
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July 16, 2014, 09:52:52 PM |
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Dear Monero devs, please answer this stuff.
My English is not well to understand what does AnonyMint speak about. I just feel, he sheds light on possible fundamental vulnerability that says unlinkability is not compatible with longest chain rule of proof-of-work. I may mistake.
Key images are a unique property of the CryptoNote protocol that prevent double spends. To quote gmaxwell and andytoshi, one of which is a core Bitcoin developer and the other is someone who truly understands both mathematics and cryptography: Double-spending is prevented using a so-called "key image", a novel feature of BRS. The key image is a component of a BRS signature which is determined entirely by the private key used to produce the signature. This means that two signatures which use the same private key, i.e. which try to spend the same coin twice, will have the same key image. Thus preventing double-spending is as easy as ensuring that the same key image never appears twice. (On the other hand, the key image cannot be inverted to obtain the original private key; thus in the absense of double-spending attempts it cannot be used to deanonymize the signature.)
That is the end of this discussion, and I would suggest we not get caught up in random and nonsensical panic attacks just because someone claims a particular flaw exists when it doesn't. Thank you very much for answer, fluffypony; smooth, could you add this to FAQ too, as you are likely a thread owner?
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Luschtiha
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July 16, 2014, 10:06:07 PM |
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Poloniex is considering to add a XMR market.
Just some Trollbox news.
coinup: busoni@poloniex, XMR and poloniex... it's a love story now. Why don't you drop LTC parity for XMR one?
busoni@poloniex: coinup, it's definitely an idea I'm considering.
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Luschtiha
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July 16, 2014, 10:12:12 PM |
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Poloniex is considering to add a XMR market.
Poloniex is experiencing problems right now. I have been unable to access in the last 20 minutes. I have no problems, trollbox and trading works like it should.
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thefunkybits
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July 16, 2014, 10:12:17 PM |
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After taking a good look at this coin I'm really wondering why this hasn't been picked up by Cryptsy yet...
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Patel
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July 16, 2014, 10:15:02 PM |
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After taking a good look at this coin I'm really wondering why this hasn't been picked up by Cryptsy yet...
They probably don't know how to implement it
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cAPSLOCK
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Whimsical Pants
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July 16, 2014, 10:16:57 PM |
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After taking a good look at this coin I'm really wondering why this hasn't been picked up by Cryptsy yet...
They probably don't know how to implement it It is most certainly the fact the CN coins require implementation as well as the fact they are currently a support drain. Seems Poloniex and HitBTC are battling it out in the CN space. HitBTC added ALL the other CN coins.
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binaryFate
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Still wild and free
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July 16, 2014, 10:17:32 PM |
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Poloniex is considering to add a XMR market.
Just some Trollbox news.
coinup: busoni@poloniex, XMR and poloniex... it's a love story now. Why don't you drop LTC parity for XMR one?
busoni@poloniex: coinup, it's definitely an idea I'm considering.
coinup was me. Busoni said the LTC market is currently pretty useless to them. From a very practical perspective, they would make more money by switching to XMR. This is kind of "boom" event if it happens I think, as many newcomers would realize XMR is indeed something big.
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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AceCobra1
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July 16, 2014, 10:21:01 PM |
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Why is the coin suddenly rebounding back today ?
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fluffypony
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July 16, 2014, 10:31:17 PM |
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Why is the coin suddenly rebounding back today ?
Because of the news. Didn't you read the news? The market only ever moves on the news. /thread
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pookielax31
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July 16, 2014, 10:35:09 PM |
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Why is the coin suddenly rebounding back today ?
Because of the news. Didn't you read the news? The market only ever moves on the news. /thread Get ready for ....(INSERT FUD HERE)
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rpietila
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July 16, 2014, 10:42:16 PM |
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Why is the coin suddenly rebounding back today ?
Because of the news. Didn't you read the news? The market only ever moves on the news. /thread Get ready for ....(INSERT FUD HERE) Wtf are you even talking about? It's up +27.4% from yesterday.
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HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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owlcatz
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July 16, 2014, 10:44:55 PM |
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Why is the coin suddenly rebounding back today ?
Because of the news. Didn't you read the news? The market only ever moves on the news. /thread Get ready for ....(INSERT FUD HERE) Wtf are you even talking about? It's up +27.4% from yesterday. http://www.coinssource.com/monero-interview/
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. I C Λ R U S | | | | █████▄▄█████▄▄ ████████▀▀▀████ ██████▀█████▀███ ████████████████ ████████████████ ████████████████ ░▄█████████████████ ███████████████████ ███████████████████ ████████░░░▀▀▀▀▀▀▀▀ ████████▄▄▄████████ ███████████████████ █████████████████▀ | ░░░███ ▄▄▄███ ██████ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ▄████████ ███▌░▐███ ████████▀ | | | | | █████████████████████ █████████████████████ █████████████████████ ██████▀▀▀▀████▀▀█████ █████░░▄▄░░██░░░█████ █████▄▄██░░███░░█████ █████▀▀▀▀░░▀██░░█████ ████░░░░▄▄▄▄█▀░░▀████ ████░░░░░░░░█░▀▀░████ █████████████████████ █████████████████████ █████████████████████ █████████████████████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | | | | ████ ██
██ ████ | | ████ ██
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[/ce
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Nathonas
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July 16, 2014, 10:45:22 PM |
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Why is the coin suddenly rebounding back today ?
No particular reason, it's always been a solid coin, it just has pump/dump periods like any other popular coin.
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All we have to decide is what to do with the time that is given us.
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DogTheHunter
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July 16, 2014, 11:10:03 PM |
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Monero is doing quite well lately. Slow growth... that is what we need. I hope we stay above 3 mBTC now ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) feels nice and warm all of a sudden ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Warm like our plush version of Luke the Moonshot? ;-) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FBrJZTFrCUAI0J-x.jpg&t=665&c=gLpQZsP83XOG_A) warmer ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Primitive
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July 16, 2014, 11:21:46 PM |
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doesnt it make ya'll a little uneasy when it goes up THIS fast?
XMR owner, not troll
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NEM, LSK, STRAT
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TeeBone
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July 16, 2014, 11:31:07 PM |
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Where are the rocket/train pics ? I demand some NOW ! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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twistelaar
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July 16, 2014, 11:35:31 PM |
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My feeling is that Monero will hit 100$+ next year, Bitcoin will be at least around 2000$ so 100$ for Monero is defintly realistic
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