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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4670876 times)
othe
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December 03, 2014, 09:32:02 AM
 #17501

Illodin you can stop quoting Bitcoinexpress non-sense, as the account is bought by ex bbr community manager and supernet scammer Windjc.


illodin
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December 03, 2014, 09:49:56 AM
 #17502

Illodin you can stop quoting Bitcoinexpress non-sense, as the account is bought by ex bbr community manager and supernet scammer Windjc.

People are often saying things as if they were facts when in fact (lol) they are not. Not saying this is the case in your case (lol), but if you could explain further why you think this way that would be great as I'm not up to speed with supernet scamming(?) and Windjc account purchasing.
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December 03, 2014, 10:28:40 AM
 #17503

Quote


Why do u think he drags his archenemy risto into the bullshit on the DRK thread?

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December 03, 2014, 10:29:00 AM
 #17504

Illodin you can stop quoting Bitcoinexpress non-sense, as the account is bought by ex bbr community manager and supernet scammer Windjc.

People are often saying things as if they were facts when in fact (lol) they are not. Not saying this is the case in your case (lol), but if you could explain further why you think this way that would be great as I'm not up to speed with supernet scamming(?) and Windjc account purchasing.

First of all, why do YOU think what BCX says is a fact? Last time i checked he said he would have destroyed monero like 2  months ago. lol.
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December 03, 2014, 11:03:08 AM
 #17505

I got some time to read more about Cryptonote and its origins and oh boy what a rollercoster... I can't the math but the concept seems superior to Bitcoin if "e-cash" is the goal.
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December 03, 2014, 11:41:04 AM
 #17506

I got some time to read more about Cryptonote and its origins and oh boy what a rollercoster... I can't the math but the concept seems superior to Bitcoin if "e-cash" is the goal.

Exactly! (see my sig) Smiley

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
David Latapie
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December 03, 2014, 12:27:20 PM
 #17507

I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr
U guys should be trying to compare Monero to DogeCoinDark not DarkCoin AnonCoin or ShadowCash.
Did you read the question I replied to?
I got some time to read more about Cryptonote and its origins and oh boy what a rollercoster... I can't the math but the concept seems superior to Bitcoin if "e-cash" is the goal.
I market it as "true electronic cash" (Bitcoin being "fake electronic cash" although I never dub Bitcoin this, PR-wise it would be terrible).
Why true electronic cash? Because cash in its ideal form (coins, not banknotes) has no way of being traced. No tracking like debit card/Bitcoin, no serial numbers like banknotes... Because Thank to this, as binaryFate mentions it, Monero's fungibility is higher than Bitcoin (fungibility: lack of way to tell one unit from another - dioxygen is fungible, for instance). Monero is even more fungible than coins, actually (DNA traces on coins, not on Monero) Smiley
(the last sentence, albeit true, is tongue-in-cheek)

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
numismatist
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December 03, 2014, 01:37:37 PM
 #17508

Monero's fungibility is higher than Bitcoin (fungibility: lack of way to tell one unit from another - dioxygen is fungible, for instance). Monero is even more fungible than coins, actually (DNA traces on coins, not on Monero) Smiley
(the last sentence, albeit true, is tongue-in-cheek)
You can wash up dna trails, and usually there is a fair amount of random dna background noise on any coin that travelled some way. I am more thinking about why Goldfinger had that laser cutter beam and was always melting up his gold after transport, something you cannot do to Bullion coins due to acute myocardial infarction risks. Especially true for the proof Krugerrands.
Probably due to the thread of marker dopant inside the material. (the last sentence, albeit true, is tongue-in-cheek because of rather absurd James Bond drama levels)
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In semiconductor production, doping intentionally introduces impurities into an extremely pure (also referred to as intrinsic) semiconductor for the purpose of modulating its electrical properties.

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December 03, 2014, 03:21:21 PM
 #17509

Nicely summarized.. imho masternode thing in itself is a horrendous idea.. the infrastructure will become so centralized that it will be so easy to undermine it. Possibilities are endless: buy up several nodes and inject harmful traffic, ddos, bloat the channels, become a trojan horse to snoop, confuse and etc.. Its going to be prone to so many issues in future that they will keep coming up with band aids.. either drk devs have genuine interests but living in ivory tower or this is a masterfully done project to milk average joe as much as possible..

I ask readers to embrace newcomers with patience. Put yourself in the position of one who never followed altcoins and never wanted anything to do with altcoins. Learning about the Cryptonote family alone and its long, varied history is almost overwhelming.
I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr
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December 03, 2014, 03:43:02 PM
 #17510

Nicely summarized.. imho masternode thing in itself is a horrendous idea.. the infrastructure will become so centralized that it will be so easy to undermine it. Possibilities are endless: buy up several nodes and inject harmful traffic, ddos, bloat the channels, become a trojan horse to snoop, confuse and etc.. Its going to be prone to so many issues in future that they will keep coming up with band aids.. either drk devs have genuine interests but living in ivory tower or this is a masterfully done project to milk average joe as much as possible..

I ask readers to embrace newcomers with patience. Put yourself in the position of one who never followed altcoins and never wanted anything to do with altcoins. Learning about the Cryptonote family alone and its long, varied history is almost overwhelming.
I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr

Ah yes, a person would willingly buy 7000 coins open market and try to destroy the coin (and their investment) in the process. Besides the fact the orderbook is thin as is (still a drop in the bucket for three letter agencies), your 7 masternodes would account for .005% of the network. Good luck getting selected round after round to do any sort of snooping. Further, I'd love to hear your theories on injecting harmful traffic, bloating channels, confusing the network etc on such a small percentage. I could easily go on about conspiracy theories as well--that what if the cryptonote stuff was designed by a three letter agency and they happen to have the key to unmasking each and every transaction on chain. Oh lordy.
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December 03, 2014, 03:46:22 PM
Last edit: December 03, 2014, 04:51:18 PM by othe
 #17511

3 letter agencies can just conficaste them from an exchange/orwherever or they just tell the hosters to give you access anyway. No need to buy coins.
It's the exact problem the most people here dislike proof of stake. It's so to say a PoS system.

Quote
I could easily go on about conspiracy theories as well--that what if the cryptonote stuff was designed by a three letter agency and they happen to have the key to unmasking each and every transaction on chain.

Thats why it got reviewed.




Now back to topic.


dEBRUYNE
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December 03, 2014, 05:12:46 PM
 #17512

I think it's best to wait with marketing before we have all core features implemented and working.

I wonder if it's not overoptimistic: it seems we expect people to flock en masse just because "some marketing"...
The marketing that is synonym to education to a larger community shouldn't be increased by now?


What I meant is agressive marketing/promoting/advertising, we should wait with that till the core features are finished. We can't promote XMR to the darknetmarkets or betting sites without decent core features. I agree with your second point, that we should increase that and educate people about ringsignatures and the privacy monero provides.

In case you are waiting for the missives and missed fluffypony's statement, I will just leave it here again.

Hi guys - just a quick update, we had the Missive up earlier on forum.monero.cc, but pulled it down because of a breaking bug in the Windows 0.8.8.5 builds (OS X, Linux, and FreeBSD are all fine). We're diagnosing and fixing, and will be putting it back up as soon as it's fixed:)

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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December 03, 2014, 05:43:06 PM
 #17513

Or is it maybe login key (word sequence) enough to recover whole wallet ? Can I start simplewallet with those as starting arguments?

In theory the login (seed words) should be enough to recover the whole wallet (once the shorter seed format is fixed), but printing out the whole page and storing it in a safe place is a good idea anyway.



Just be sure to properly dispose of printers with HDD.



A video tutorial on how:
https://www.youtube.com/watch?v=fjsSr3z5nVk
Minotaur26
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December 03, 2014, 05:52:57 PM
 #17514

Nicely summarized.. imho masternode thing in itself is a horrendous idea.. the infrastructure will become so centralized that it will be so easy to undermine it. Possibilities are endless: buy up several nodes and inject harmful traffic, ddos, bloat the channels, become a trojan horse to snoop, confuse and etc.. Its going to be prone to so many issues in future that they will keep coming up with band aids.. either drk devs have genuine interests but living in ivory tower or this is a masterfully done project to milk average joe as much as possible..

I ask readers to embrace newcomers with patience. Put yourself in the position of one who never followed altcoins and never wanted anything to do with altcoins. Learning about the Cryptonote family alone and its long, varied history is almost overwhelming.
I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr

I think you should exercise a little humility, I don’t think underestimating other approaches to solving the same problem is the best way to go about it. What if the Masternode network grows to be strong and stable contrary to your assumptions? What if the Darkcoin developers are as talented as any Monero developer? What if a network effect is created by the concept of incentivized node operation that can provide multiple services to the network? Privacy is only one of the services provided by the masternode network, there is already instant transaction confirmations being tested.

I don’t think everybody in this community shares the aggressive attitude towards other projects that are not even competing with you. I have a very high opinion of Smooth and other Monero developers I like their professional approach maybe you guys should follow his example. With regards to marketing, a better approach would be to market XMR strengths rather than trying to project a negative perception of other projects. It would be more intelligent to hedge your investment and buy some DRK, just in case it surprises you, and the same applies the other way around.



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December 03, 2014, 05:54:43 PM
 #17515

I just saw this on reddit: https://www.reddit.com/r/Bitcoin/comments/2o5ghz/blockchaininfo_becomes_the_second_website_after/

I think its a good idea Monero get this certificate for mymonero and have it running on a Tor network, I know Tor is not perfect but still very used.
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December 03, 2014, 06:25:02 PM
 #17516

Quote
that what if the cryptonote stuff was designed by a three letter agency and they happen to have the key to unmasking each and every transaction on chain. Oh lordy.

Seeing as it's open source and uses a standard elliptic curve, no.
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December 03, 2014, 06:32:14 PM
 #17517

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that what if the cryptonote stuff was designed by a three letter agency and they happen to have the key to unmasking each and every transaction on chain. Oh lordy.

Seeing as it's open source and uses a standard elliptic curve, no.

It's so simple: just read the source code (it's an open book to everyone), learn the basics of cryptography (books available everywhere), and convince yourself that the source base is proper and does its anticipated job - to the best of my knowledge several people already did so.
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December 03, 2014, 07:21:29 PM
 #17518

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that what if the cryptonote stuff was designed by a three letter agency and they happen to have the key to unmasking each and every transaction on chain. Oh lordy.

Seeing as it's open source and uses a standard elliptic curve, no.

It was as stupid of an argument as the arguments brought up against the masternode network. I guess I probably should have framed it in sarcasm tags. This isn't a dick measuring contest. Each coin does their own job at anonymity. Whether you want offchain or onchain, take your pick.
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December 03, 2014, 07:30:35 PM
 #17519

I just saw this on reddit: https://www.reddit.com/r/Bitcoin/comments/2o5ghz/blockchaininfo_becomes_the_second_website_after/

I think its a good idea Monero get this certificate for mymonero and have it running on a Tor network, I know Tor is not perfect but still very used.

I'll quote the first comment (sorted by "best") which explains it all and which just happens to be from fluffypony:

Quote
Unfortunately it'll only last till Nov 1 2015, and has to be revoked by October 2016, as the requirements from the CA / Browser Forum don't allow for certificates for "internal names" like .onion (under the auspices that ICANN may in future approve an actual .onion TLD, for instance).
There was some talk of making an except for .onion domains, except there's one snag: the Tor Project don't want to ask for it, because SSL certificates for .onion addresses are redundant and unnecessary. Why? Because the Tor protocol / software already encrypts the traffic between the browser and the hidden service, and since the .onion address is a hash of the host's key the whole communication loop is authenticated. Thus, SSL certs for Tor are only handy when you leave via an exit node, which you wouldn't do for .onion addresses.
In short, the SSL cert is a cute marketing gimmick, but it's going to be revoked anyway and on the whole is unnecessary.

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December 03, 2014, 08:03:11 PM
 #17520

Unfortunately it'll only last till Nov 1 2015, and has to be revoked by October 2016, as the requirements from the CA / Browser Forum don't allow for certificates for "internal names" like .onion (under the auspices that ICANN may in future approve an actual .onion TLD, for instance).
There was some talk of making an except for .onion domains, except there's one snag: the Tor Project don't want to ask for it, because SSL certificates for .onion addresses are redundant and unnecessary. Why? Because the Tor protocol / software already encrypts the traffic between the browser and the hidden service, and since the .onion address is a hash of the host's key the whole communication loop is authenticated. Thus, SSL certs for Tor are only handy when you leave via an exit node, which you wouldn't do for .onion addresses.
In short, the SSL cert is a cute marketing gimmick, but it's going to be revoked anyway and on the whole is unnecessary.

Almost a year more?
Too long to hold.

Selling NordVPN account with premium sub - expires 2021! PM me to buy.
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