Topic: DRK vs XMR warez - page 8. (Read 13382 times)

Lol, interesting.  Although I wouldn't condone this type of deceptive behavior, you should consider that at current prices 50,000 SDC is only about 8 BTC.  The reason why the distribution would be bad at this point is because the market cap is so low at like $330,000.  It doesn't take much to buy a lot of SDC.  As the price goes up people tend to sell some of their stash and distribution becomes more even.

I am not really yet buying that if only 1% of transactions in Shadow are used for anonymity there will be timing attacks.  If you take care of the amounts of Shadow you are transferring then you can still maintain anonymity.  Then that leaves timing attacks, and its only a problem if you are immediately changing to Shadow and then back.  The risk for this attack is not much different whether 1% or 99% are used for Shadow.  Admittedly if 100% was used for Shadow only then it eliminates it completely, but without the benefits of a transparent bitcoin blockchain.  As the network grows 1% will be a larger and larger amount of transactions and that will help users to blend in.

Also I was reading the white paper on zerocoin.  I found it very interesting how some of the ideas for ShadowCash are taken from zerocoin, and a big part of zerocoin is also the destruction and minting of coins.  So there may in fact be something to the idea that the Shadow implementation of destroying and minting coins could have value for anonymity and privacy.  It seems Shadow is a unique system taking ideas from both cryptonote and zerocoin. There is not much documentation on ShadowCash yet and their whitepaper could be a lot more detailed and seems like it was rushed out a bit. The devs are now working on providing better documentation. I think its going to take some time and peer reviews to come out before we all have a better understanding how these systems compare.

If anyone is interested to compare the white papers here they are:

http://shadow.cash/downloads/shadowcash-anon.pdf

https://cryptonote.org/whitepaper.pdf

http://zerocoin.org/media/pdf/ZerocoinOakland.pdf

decentralized or anonymous, or you can consider them as anonymous as the internet is, which we know is not as anonymous as we would like ?

i have no such issues

one of the main reasons i have so much faith in xmr is the core-team.
i simple cant trust somebody without a deep cryptographic background to invent an anonymous system

coding experience is simply not enough if you do want to implement / invent new crypto stuff.

This past days i was just reading without saying anything.. of course i have my favorite, that doesnt mean that i cant look at good side on other projects...

I read here alot of posts about shadowcash, i did a small research (i have to admit that i didnt search enough to have a good opinion), but from the first point what i found is that the shadowcash is the fusion of the bitcoin protocol with the multisig from the cryptonote protocol (i think some guy from bitcoin told few months ago that the monero sould do the same).. the good thing is that you can integrate that easy on apps arround it using the core already done on bitcoin but have 2 blockchains, i dont like much that, i dont like POS coins either, but that is me... for those who like it may be its a good option.. in terms of privacy i need more research to get a conclusion

About darkcoin i think i know mutch more about, the price is the result of each masternode needs 1000 coins and the current low inflaction, from short term it seems that is the most annon used coin, in the long term only the technology will decide if its safe or not to use the "darksend"

About monero i will not say anything, i have my personal opinion and dont want to be called an fanboy

I will pass this up the chain. In the meantime this may illuminate…
(dasource is a Team member)

All I can tell u is what I gather…

Oh and the explorer…
http://shadow.blockexplorer.cc/chain/ShadowCash

It's false. Nether increases anonymity in the system, because they provide visible tracing points on the transparent chain. You are perhaps suggesting that SDT->SDC increases anonymity because there is another step of mixing and stealth, but this is mistaken, because the alternative is not nothing, it is spending those SDT by sending them to someone else. which gives the same mix+stealth, but minus the tracepoint.

Your best case for anonymity is really to just use SDT exclusively. Long chains of mixed transactions with stealth addresses at every hop = anonymous.

If you use SDC for the purpose of interoperating with BTC-based APIs, fair enough that may be a worthwhile tradeoff, but it doesn't improve anonymity at all, it decreases it.

I was referring to SDC>SDT, SDT>SDT, SDT>SDC and not SDC/SDC (the first 3 all require stealth addys)


Interestingly I first assumed that SDT (Shadow token)  to SDC conversions reduced the available anon I/O in the system (since SDC > SDT increases it)
In actual fact converting Shadow tokens (SDT) back to SDC increases the anon IO yet further

could u explain how that works smooth?

I have no idea really. People are experimenting at this stage. Some have used 100+ rings, 10 gets used quite often I've seen in the block explorers.


Sure they are, that is the effect of SDC (transparent blockchain) transactions. They are traceable. Someone earlier claimed they were 99% of all Shadow/SDC transactions, but I have no idea if that is correct.

child_harold has also been on a trolling spree in the Darkcoin thread for days on end. Just some insight.

Could u hazard a guess how many XMR users have sent with over 24 ring sigs?


FYI

The default amount of Ring Sigs in the wallet is set to 16
There is also a button labelled "Suggest Ring Size" which I press before sending.
In my experience this has almost always lifted the default of 16 to 24 and up to 60.

Nobody is using 0. That's 4 sure.

I don't know the answer to that.


In some ways, but there are also overall privacy effects viewing question of blockchain analysis wholistically. If everyone is using 3-6 and coins are constantly being mixed and remixed you are in very good shape because the entirety of the blockchain is essentially opaque. If you are using 60 and everyone else is using zero, not so much.

mymonero does not have your spend key, it does have your view key. So you are trusting it with your privacy but not your coins.

There are some easy to use wallets that are not hosted at all. I recommend lightWallet torrent since downloading the full blockchain another way is somewhat painful.

https://xmrmonero.com/news/choose-your-wallet

If you want non-Windows you are somewhat limited to the command line (or mymonero) at this point.

With mymonero do I have to trust others to hold my private keys?  Is there an easy to use wallet for beginners where I can control my own private keys?

How many XMR users have used 60 ring sigs? Or over 24?
These numbers are common in Shadow

Im assuming 24 or 60 is better than 3 or 6…

And it is devilishly fast to boot. Have u tried the wallet?

Yes, mymonero has a restricted range of mix factors for ease of use as the UI is intended largely for less-technical users. I expect as it matures it will have an "advanced" mode or some kind.

Using the native wallet you can use any factor you want, even >100.


I'm told Polo is using mix 3 now? I haven't confirmed that myself though. BTW mix=0 isn't "no-anonymity" though, as stealth-addresses are always used. I would call it weak anonymity for sure.

This I can quite believe :|


I am disinclined to give u a tecchy question since you'll have a clever answer I am unqualified to handle.
BUT
Since rules r made 4 breaking lets rock this smooth…

When I have converted SDC to Shadow tokens (SDT) or sent SDT 2 SDT or converted Shadow to SDC…

I have been able to do so using up to 60 ring sigs in an almost instantaneous tx.

I have played with XMR and had a wallet on mymonero.  
There was an option of a "3 mix" or something iirc. Does this equate to 3 ring sigs?

(Lamentably exchanges inc Polo only do a 0 mix? which I assume means no-anonymity?)

Run with the ball smooth




With respect let us not pull on this thread…

Good for him. If I were paid to do a review I would be more thorough. But as I am not, I read it and understood it to my satisfaction.


We disagree whether it is merely cryptonote-like. I would say it is essentially identical in function to cryptonote with only token (no pun intended) differences.

Yes I agree that the Bitcoin codebase/APIs add value, as I said in my previous post.


Yes but different topics within the forum exist for a reason as I understand it.

Interesting. Isidor was unsatisfied by the WP and has been asking Ryno and Technovert a whole bunch of follow-up questions to fill in the gaps… Perhaps you are brighter than Isidor or you simply filled them in for yourself?

The achievement of implementing a cryptonote-like (BUT NOT CN) token on a BTC blockchain must be applauded, yes?

BTW Its a public forum, just saying (literally) … (weird)