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Author Topic: [XMR] Monero Speculation  (Read 3313054 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
XMRpromotions
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January 02, 2016, 07:54:19 AM
 #11781

If you have yet to set a New Years Resolution think about including becoming a Monero miner as one of your goals.

Smart mining will make this even easier but it is all of us to secure the network with our hashing power!

Don't buy Monero: https://twitter.com/MoneroPromotion/status/746006420508729344

XMR: 43hPTYyKarCTWyh4ZnMVn8AtFeEmtzTXo3Y6TGGMV26BWonJ4tpR7eP9RkUDYQbvg6LbrnMXWfghddE NGtvKxr7B5oML4qd
smooth (OP)
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January 02, 2016, 09:18:54 AM
 #11782

Interesting comment from Shen about multisig

yep - very likely will be implemented in conjunction with the ring ct stuff

Following the "written up" link in the Ring CT post, section 4.4 of the paper describes how to implement "Ring multisignature". Some of the other CryptoNote coins have multisig, but only with 0 mixin.

Very nice work being done on the crypto front.
dewdeded
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January 02, 2016, 04:28:32 PM
 #11783

https://www.reddit.com/r/Monero/comments/3z4248/monero_higher_exchange_volume_than_ltc_over_the/

Hyper, hyper Smiley
Hueristic
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January 02, 2016, 05:04:31 PM
 #11784

OK, so IIRC now multi sig then GUI correct?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Want privacy? Use Monero!


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January 02, 2016, 06:04:49 PM
 #11785

OK, so IIRC now multi sig then GUI correct?

don't forget about RingCT which is very important for the privacy of your transactions! Smiley
languagehasmeaning
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January 02, 2016, 06:53:02 PM
 #11786

Interesting comment from Shen about multisig

yep - very likely will be implemented in conjunction with the ring ct stuff

Following the "written up" link in the Ring CT post, section 4.4 of the paper describes how to implement "Ring multisignature". Some of the other CryptoNote coins have multisig, but only with 0 mixin.

Very nice work being done on the crypto front.


That is a very encouraging post. Thank you Shen!
americanpegasus
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January 02, 2016, 07:05:00 PM
 #11787

I can't believe I learned about the Monero 0.9 release from my facking Facebook feed of all places.  
  
I'm a little ashamed.   Cheesy Cheesy Cheesy  
  
But I'm so proud of our programmers and everyone else who has worked so hard to keep the community going to reach this milestone.  We are the true digital money of the world.  Bitcoin is an amazing large public settlement system, but it is not true digital money.  
  

Account is back under control of the real AmericanPegasus.
TrueCryptonaire
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January 02, 2016, 07:13:12 PM
 #11788

I can't believe I learned about the Monero 0.9 release from my facking Facebook feed of all places.  
  
I'm a little ashamed.   Cheesy Cheesy Cheesy  
  
But I'm so proud of our programmers and everyone else who has worked so hard to keep the community going to reach this milestone.  We are the true digital money of the world.  Bitcoin is an amazing large public settlement system, but it is not true digital money.  
  


I am still dreaming we are going to the moon.
After landing on the surface of Moon with Monero rocket probably we can see if planet Earh is round or flat.
Hueristic
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January 02, 2016, 08:04:32 PM
 #11789

OK, so IIRC now multi sig then GUI correct?

don't forget about RingCT which is very important for the privacy of your transactions! Smiley

Yup, I either forgot about that or missed it. Damn if I can remember. But is this a dependency or CAN/will it be addressed either in concert or after?

Edit: moving this to correct thread.

https://bitcointalk.org/index.php?topic=583449.msg13429434#msg13429434

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
smooth (OP)
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January 02, 2016, 08:10:54 PM
 #11790

OK, so IIRC now multi sig then GUI correct?

don't forget about RingCT which is very important for the privacy of your transactions! Smiley

Yup, I either forgot about that or missed it. Damn if I can remember. But is this a dependency or CAN/will it be addressed either in concert or after?

Edit: moving this to correct thread.

https://bitcointalk.org/index.php?topic=583449.msg13429434#msg13429434

The Ring CT work and the GUI work are completely independent. Multisig is likely getting combined with Ring CT at this point.
Hueristic
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January 02, 2016, 08:13:25 PM
 #11791

OK, so IIRC now multi sig then GUI correct?

don't forget about RingCT which is very important for the privacy of your transactions! Smiley

Yup, I either forgot about that or missed it. Damn if I can remember. But is this a dependency or CAN/will it be addressed either in concert or after?

Edit: moving this to correct thread.

https://bitcointalk.org/index.php?topic=583449.msg13429434#msg13429434

The Ring CT work and the GUI work are completely independent. Multisig is likely getting combined with Ring CT at this point.

https://bitcointalk.org/index.php?topic=583449.msg13429497#msg13429497

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
smooth (OP)
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January 02, 2016, 08:15:58 PM
 #11792

OK, so IIRC now multi sig then GUI correct?

don't forget about RingCT which is very important for the privacy of your transactions! Smiley

Yup, I either forgot about that or missed it. Damn if I can remember. But is this a dependency or CAN/will it be addressed either in concert or after?

Edit: moving this to correct thread.

https://bitcointalk.org/index.php?topic=583449.msg13429434#msg13429434

The Ring CT work and the GUI work are completely independent. Multisig is likely getting combined with Ring CT at this point.

https://bitcointalk.org/index.php?topic=583449.msg13429497#msg13429497

Answered there.
vokain
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January 02, 2016, 08:32:58 PM
 #11793

I can't believe I learned about the Monero 0.9 release from my facking Facebook feed of all places.  
  
I'm a little ashamed.   Cheesy Cheesy Cheesy  
  
But I'm so proud of our programmers and everyone else who has worked so hard to keep the community going to reach this milestone.  We are the true digital money of the world.  Bitcoin is an amazing large public settlement system, but it is not true digital money.  
  


I am still dreaming we are going to the moon.
After landing on the surface of Moon with Monero rocket probably we can see if planet Earh is round or flat.

I think I can see from here that it's flat rings overlapping!
dEBRUYNE
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January 02, 2016, 08:33:31 PM
 #11794

Section 4.4 can be found here -> https://www.overleaf.com/read/qzgytbyyxvyf

Interesting comment from Shen about multisig

yep - very likely will be implemented in conjunction with the ring ct stuff

Following the "written up" link in the Ring CT post, section 4.4 of the paper describes how to implement "Ring multisignature". Some of the other CryptoNote coins have multisig, but only with 0 mixin.

Very nice work being done on the crypto front.


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
Hueristic
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January 02, 2016, 09:21:08 PM
 #11795

OK, so IIRC now multi sig then GUI correct?

don't forget about RingCT which is very important for the privacy of your transactions! Smiley

Yup, I either forgot about that or missed it. Damn if I can remember. But is this a dependency or CAN/will it be addressed either in concert or after?

Edit: moving this to correct thread.

https://bitcointalk.org/index.php?topic=583449.msg13429434#msg13429434

The Ring CT work and the GUI work are completely independent. Multisig is likely getting combined with Ring CT at this point.

https://bitcointalk.org/index.php?topic=583449.msg13429497#msg13429497

Answered there.


thx smooth. Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
SmoothCurves
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January 02, 2016, 09:51:35 PM
 #11796

Great surprise! Awesome work!
iCEBREAKER
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January 02, 2016, 10:11:02 PM
 #11797

Interesting comment from Shen about multisig

yep - very likely will be implemented in conjunction with the ring ct stuff

Following the "written up" link in the Ring CT post, section 4.4 of the paper describes how to implement "Ring multisignature". Some of the other CryptoNote coins have multisig, but only with 0 mixin.

Very nice work being done on the crypto front.

Great news!  Multisig is a requirement for use by Open/FreeBazaar, DNM, etc.



I look forward to struggling to comprehend the crypto magic involved in "ring multisignature."   Tongue


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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americanpegasus
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January 02, 2016, 11:59:38 PM
 #11798


I look forward to struggling to comprehend the crypto magic involved in "ring multisignature."   Tongue
 
  
Don't worry, I drank too much Vanilla Latte earlier and solved this on a napkin.  
  
Basically, you need to stop thinking of it as a 'ring' multisignature, or else you would need multiple overlapping rings in a two-dimensional cryptospace.  That quickly causes infinite conflicts.  
  
What we will do is create a cryptographic 'sphere' signature scheme (vs ring), and then our multi-sig rings can freely rotate around in 3D cryptospace.  
  
 
  
At this point the collisions become desired multi-sig targets.  Basically what we will do is allow transactions to mix freely on a potentially infinite amount of rings, and if you wish to have a multisig on your address then the program will find (or force) a collision between rings.  It might seem impossible to force different rings to intersect if they don't naturally, but (and I don't mean to blow your mind) the different cryptographic rings are also rotating around the cryptocore simulataneously.  A collision might be impossible to find for a human, but for a powerful computing network it will be trivial (or at least possible).  
  
You might also say, "But what if Bob and Alice both want to do a multisig and need to move a shared-ring in opposing ways to have their transaction process?".  Well, this is where transaction fees come into play in the Monero economy.  Either Bob can bid more than Alice in the fee department, or get in line and wait for a fortunate collision that allows his multisig crypto transaction to process.  This video can help you visualize the mathemagic that will be involved: https://youtu.be/T2OnfBGkcyw  
  
Anyway, it's not like anyone is *forcing* him to use Cryptonote multisig.  He can just use a single key transaction and his transaction will happen much quicker.  
  
Bottom line: multisig is possible with Cryptonote but there will be potential speed tradeoffs.  Fortunately as the multisig multidimensional cryptospace grows the potential intersections of rotating cryptographic rings around the central sphere will increase and it will become easier and cheaper to execute multisig address actions.  
  
My napkin proved all this, and was going to serve as my white paper, but the fucking barista at Starbucks threw it away with my coffee and I don't really feel like writing it all down again.  
  
So the proof is left as a trivial exercise for the intrepid reader.  Now if you'll excuse me, I'm off to browse the clearance racks at Ross.

Account is back under control of the real AmericanPegasus.
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January 03, 2016, 07:39:12 AM
 #11799

Someone dumped 15 btc, then 3BTC, then 5BTC. Quite a strange move
owm123
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January 03, 2016, 07:57:50 AM
 #11800

Someone dumped 15 btc, then 3BTC, then 5BTC. Quite a strange move

Could be a group of people. They bough before the 0.9 release, waited a bit till price increase after the release, and they are dumping now.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
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