[XMR] Monero Speculation

[birr]

This is the actual article by the researcher:

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

Well this is huge, time to warn the guys to dump.

It's not that huge. The main thing that got deflated here was the hype about MW being a strong privacy technology when in fact it has always been weak privacy with some other benefits, and sober (non-hype) review and analysis has said that all along.

Then again, I guess given the level of hype with this one (more than most, to say the least), deflating that could indeed be seen as somewhat huge.

The  cut-throughs don't successfully eliminate data, because surely some entity logs all the transactions in real time and stores the data.  And there you have it, a full blockchain.

[tokeweed]

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

[Febo]

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

I just read about it. Apparently for 35 minutes download links on getmonero.org for new CLI were changed. https://np.reddit.com/r/Monero/comments/dyfozs/security_warning_cli_binaries_available_on/

Locks are for honest people. They all can be broken. What is nice to see is that it was noticed in 35 minutes.


Oh and GRIN main trait is how scalable it is and not how unlikable are its transactions.  If you look here on this 14 videos of Breaking Monero. https://www.youtube.com/playlist?list=PLsSYUeVwrHBnAUre2G_LYDsdo-tD0ov-y  And see how many possible attacks were/are to increase chances for attacker to link Monero transactions. Then you can imagine how many episodes can someone make about Grin.

[Globb0]

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

I just read about it. Apparently for 35 minutes download links on getmonero.org for new CLI were changed. https://np.reddit.com/r/Monero/comments/dyfozs/security_warning_cli_binaries_available_on/

Locks are for honest people. They all can be broken. What is nice to see is that it was noticed in 35 minutes.

perhaps someone can automate a test from now on so it can be constantly checked

[cAPSLOCK]

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

I just read about it. Apparently for 35 minutes download links on getmonero.org for new CLI were changed. https://np.reddit.com/r/Monero/comments/dyfozs/security_warning_cli_binaries_available_on/

Locks are for honest people. They all can be broken. What is nice to see is that it was noticed in 35 minutes.

perhaps someone can automate a test from now on so it can be constantly checked

It is also possible to use cryptography to accomplish this goal.

[Hueristic]

The  cut-throughs don't successfully eliminate data, because surely some entity logs all the transactions in real time and stores the data.  And there you have it, a full blockchain.

You can bet your Last Romero there are full logging sniffer nodes on this from day one.

[smooth]

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

I just read about it. Apparently for 35 minutes download links on getmonero.org for new CLI were changed. https://np.reddit.com/r/Monero/comments/dyfozs/security_warning_cli_binaries_available_on/

Locks are for honest people. They all can be broken. What is nice to see is that it was noticed in 35 minutes.

perhaps someone can automate a test from now on so it can be constantly checked

It is also possible to use cryptography to accomplish this goal.

Well, yes, it was always the case that people could check signatures on the binaries they download and would have detected it immediately.

Perhaps that is the point you are making.

[NeironixNV]

Monero will have a hard fork soon, but something the price does not want to grow, the cue ball spoiled all plans. Who thinks that after a hard fork, Monero will show good growth or will the cue ball dictate their rules of the game? 

[gembitz]

So what's all this talk about monero.org being hacked and some malware being downloaded from the site?  How does something like this happen to one of the biggest crypto projects in the space?

you think the french government has not been monitoring this project?    lmfao ~ what part of honeypot are you confused about?

[cAPSLOCK]

Monero will have a hard fork soon, but something the price does not want to grow, the cue ball spoiled all plans. Who thinks that after a hard fork, Monero will show good growth or will the cue ball dictate their rules of the game? 

Masterluc, is that you?

But I do not think the hard fork will have much impact on Monero price.

[bitcoinvest]

why on earth Monero needs fork? i think we have 3-4 versions already ( i might be wrong  maybe more - can't keep up with those forks )

[gembitz]

why on earth Monero needs fork? i think we have 3-4 versions already ( i might be wrong  maybe more - can't keep up with those forks )

fluffy pony and his government yes men flexing their dominance over the codebase pure and simple.    reeee

[cAPSLOCK]

I'm sorry but these comments are generally not helpful and are also uninformed.

In reality we call these things network upgrades.

Monero is providing (as usual) a fairly valuable testbed for the entire crypto space in doing what we are doing here.

These forks are specifically aimed at ASIC resistance which is a hotly debated topic across the crypto space.  Personally I am in favor of selecting a commoditizable algorithm (such as SHA-3) but since the community is valuing trying one more shot at ASIC resistance then I will go along with them.

This fork has nothing to do with creating a new coin, or anything like that.  There are certainly arguments that can be made for and against this approach, but there are not currently being made above.

I suggest brushing up on the topic.  The github, or reddit are good places to learn about what we are doing and why.

[gembitz]

I'm sorry but these comments are generally not helpful and are also uninformed.

In reality we call these things network upgrades.

Monero is providing (as usual) a fairly valuable testbed for the entire crypto space in doing what we are doing here.

These forks are specifically aimed at ASIC resistance which is a hotly debated topic across the crypto space.  Personally I am in favor of selecting a commoditizable algorithm (such as SHA-3) but since the community is valuing trying one more shot at ASIC resistance then I will go along with them.

This fork has nothing to do with creating a new coin, or anything like that.  There are certainly arguments that can be made for and against this approach, but there are not currently being made above.

I suggest brushing up on the topic.  The github, or reddit are good places to learn about what we are doing and why.

TL;DR ===> BOT NET FRIENDLY HARDFORK INKOMINGGGG  REEEE

[Febo]

why on earth Monero needs fork? i think we have 3-4 versions already ( i might be wrong  maybe more - can't keep up with those forks )

Actually there are 12 versions. You can see map of full nodes here. https://community.xmr.to/network/   It looks like no one runs first 8 versions.   around 1/3 already runs new binaries. 10 days ahead of schedule.

Monero forks to upgrade its protocol. Since it is on the edge of technology, there is so much development that it had to happen every half year. Now Monero is quite built and all this progress should slowly slow down.  Since Monero ecosystem grow over time, this protocol upgrades are harder and harder to smoothly accomplish(more smaller exchanges and merchants, that dont have time to monitor Monero development, need to upgrade). We will for sure see new upgrade in spring next year, then my speculation is that they might move to be every year instead of every half year as right now. But I could be totally wrong. And there could come some sudden easy to implement innovation that would make Monero transactions faster, smaller or  harder to trace.  

[Globb0]

Its agile

[phishead]

why on earth Monero needs fork? i think we have 3-4 versions already ( i might be wrong  maybe more - can't keep up with those forks )

Actually there are 12 versions. You can see map of full nodes here. https://community.xmr.to/network/   It looks like no one runs first 8 versions.   around 1/3 already runs new binaries. 10 days ahead of schedule.

Monero forks to upgrade its protocol. Since it is on the edge of technology, there is so much development that it had to happen every half year. Now Monero is quite built and all this progress should slowly slow down.  Since Monero ecosystem grow over time, this protocol upgrades are harder and harder to smoothly accomplish(more smaller exchanges and merchants, that dont have time to monitor Monero development, need to upgrade). We will for sure see new upgrade in spring next year, then my speculation is that they might move to be every year instead of every half year as right now. But I could be totally wrong. And there could come some sudden easy to implement innovation that would make Monero transactions faster, smaller or  harder to trace. 

Imo, it should continue to be every 6 months-a year indefinitely. I think allowing things to stagnate would be the worst thing for Monero, because you can see what happens to things like Bitcoin if politics get in the way of improving the protocol and keeping “up-to date” tech in.

[gembitz]

why on earth Monero needs fork? i think we have 3-4 versions already ( i might be wrong  maybe more - can't keep up with those forks )

Actually there are 12 versions. You can see map of full nodes here. https://community.xmr.to/network/   It looks like no one runs first 8 versions.   around 1/3 already runs new binaries. 10 days ahead of schedule.

Monero forks to upgrade its protocol. Since it is on the edge of technology, there is so much development that it had to happen every half year. Now Monero is quite built and all this progress should slowly slow down.  Since Monero ecosystem grow over time, this protocol upgrades are harder and harder to smoothly accomplish(more smaller exchanges and merchants, that dont have time to monitor Monero development, need to upgrade). We will for sure see new upgrade in spring next year, then my speculation is that they might move to be every year instead of every half year as right now. But I could be totally wrong. And there could come some sudden easy to implement innovation that would make Monero transactions faster, smaller or  harder to trace. 

Imo, it should continue to be every 6 months-a year indefinitely. I think allowing things to stagnate would be the worst thing for Monero, because you can see what happens to things like Bitcoin if politics get in the way of improving the protocol and keeping “up-to date” tech in.

what individual controls the repo?    lmfao

[Febo]

why on earth Monero needs fork? i think we have 3-4 versions already ( i might be wrong  maybe more - can't keep up with those forks )

Actually there are 12 versions. You can see map of full nodes here. https://community.xmr.to/network/   It looks like no one runs first 8 versions.   around 1/3 already runs new binaries. 10 days ahead of schedule.

Monero forks to upgrade its protocol. Since it is on the edge of technology, there is so much development that it had to happen every half year. Now Monero is quite built and all this progress should slowly slow down.  Since Monero ecosystem grow over time, this protocol upgrades are harder and harder to smoothly accomplish(more smaller exchanges and merchants, that dont have time to monitor Monero development, need to upgrade). We will for sure see new upgrade in spring next year, then my speculation is that they might move to be every year instead of every half year as right now. But I could be totally wrong. And there could come some sudden easy to implement innovation that would make Monero transactions faster, smaller or  harder to trace. 

Imo, it should continue to be every 6 months-a year indefinitely. I think allowing things to stagnate would be the worst thing for Monero, because you can see what happens to things like Bitcoin if politics get in the way of improving the protocol and keeping “up-to date” tech in.

Some updates need hardfork and some dont. Talking about this is beyond my knowledge.  And is so far ahead. It is just how I heard people feel. Bitcoin is unmovable object. Even unstoppable force could not move it an inch.

[Globb0]

Everything in the world is a matter of perspective


Stagnating         Maturing