Topic: Monero under scrutiny of the FBI - page 2. (Read 15255 times)

While that is true, I'd like to remind everyone that Monero itself is legal and shouldn't get you into any trouble. Darknet markets, however, are another story and should be avoided.

I agree on what you have said that these are just FUDs and i strongly believe on that and speaking on the case if they cant crack Monero then theres no way they can crack on bitcoin too and as being mentioned they better focus into Bitcoin since XMR mainly exchanges directly to bitcoin before it can be cashed out.

ž


Because is not.
Is just cheap FUD from DASHtards Spetnik and Quizzie. They do this for 3 years. Playing idiot from them and us.

But why would FBI target monero when all the money goes to BTC still. Monero is nothing but s small peony. It does have some value but in anyway, monero will still be converted to BTC before they can cash it out. It has to be BTC that they need to crack. It took them forever still that even today they haven't done any thing yet.  They should forget about xmr for now, they can target monero later when it hit $1000/XMR for that will make their hacker richer than ever.

What makes you think that ?  And why do you think that "one single hack" will destroy monero's cryptography, but "one single hack" will not destroy bitcoin's signature cryptography ?

You are still confusing "hacking a computer" and "breaking a cryptographic system".

Bitcoin's wallets are secure, because elliptic curve cryptography isn't broken, and the correct calculations are done in bitcoin software.  There can be buffer overflows all you want in core software, if the calculations are done correctly, nobody can "crack" the elliptic signature scheme without breaking the cryptography.

If I have a piece of crappy software, that multiplies two big prime numbers correctly, and writes out the result on a file, no matter how buggy and vulnerable my piece of software is, if you have this file, you can try to do what you want, you won't be able to find the two prime numbers.  Because that's cryptography, not software.  The software simply needed to do the calculation.  Once the calculation is correctly done, there's nothing you can "crack".  With the result of the computation, you'll never find the two prime numbers.  If I have a file with those two prime numbers, I have the secret key, and you don't.

Monero is similar.  The block chain is the result of a cryptographic calculation done by monero's software, that can be buggy and vulnerable as hell.  But once the calculation is done, and you only have that result, the only way to "crack" it, is to break the mathematical principles of its calculation ; not "finding a buffer overflow in monero wallets".
As long as you cannot break the mathematics, the system is secure, even with buggy software, as long as the computations were done correctly.

The day that you will understand the difference between breaking a correctly calculated cryptographic result and cracking a running computer, you may also appreciate what crypto is about.  Until then, you have a complete misunderstanding about what crypto is.

Ever heard of Windows Update ?
Now with Monero if there is ONE single hack you are potentially compromised.
Being a Dark Market user could mean jail time.
Let that sink in..

Don't bother telling me that these guys invented the first code base that is permanently bullet proof secure 
Oh wait.. did some guy post exploits here before ? hmm ? BCX ? No i meant the other one. LOL

I think this is not weird, I'm sure even if we say that the cryptocurrency transaction is anonymous, but the FBI had unrestricted access so that the things we think is safe but in full the monitor by the FBI.

Ok junior... thanks for the "Bitcoin is bad too" retort.
And this topic is not on Dash is it ?
I linked to a topic i created here before where i titled it "Anon coins will never work"
Note the title was NOT ..Monero will fail but Dash will succeed

Oh and i never did post "technical explanations"
Scroll up and read what i said..


Your comment was dumb.. maybe that was the intention ?

I heard the news that MONERO is full security and anonymous is lying? Whereas technology monero is the most excellent among all cryptocurrency. If FBI can watch monero, surely bitcoin easier controlled and not secure.

My twin brother works for the FBI. I will ask him whether they are more interested in darkcoin/dash or monero.  I suspect it will be darkcoin, seeing as they have tried to hide what they are doing by rebranding

More important than privacy is fungability. Not all bitcoins are worth the same amount, some are worth more than others in certain situations. This is a huge problem for mass adoption because (as one example) you don't know if the bitcoins you are receiving have previously been used in an illegal transaction and could be confiscated. This is not a problem for Monero.

And if bitcoin was compromised all your coins can be spent by anyone. Same level of difficulty. Only has to happen once and *all* bitcoins can be spent. Game over.

You're a dash fanboy trashing monero, and that's all there is to it. None of your 'technical explanations' make a shred of sense.

But that is perfect.  In the mean time, they served their purpose, which is the only thing that counts, no ?
There is no other use for crypto in any case.

Coins don't have to last for ever, or climb to the moon.  They have to do the thing they were designed for, during their life time.  Like any other product.

It was getting a bit boring around here lately what with all the crypto-told-you-sos watching the price of their favorite alt get pumped.
Thanks for the entertainment.

Others have pointed out that if Monero was compromised that all the transactions could be exposed.
With out going into the tech details it seems very plausible to me.
So that means that 1 single hack incident could be devastating.. giving problems to many.

And so far they have all been truckin' around this forum for years on end claiming their shit is bullet proof.
With computer code that never lasts.. eventually something is going to happen.
When it does they will slide in a disclaimer saying "oh we never made any guarantees"
But they have !

And Dino and the others please spare me the incessant but but but Bitcoin routine.
If your defense for Monero is "Bitcoin can be hacked" your in deep shit   
We're not talking about Bitcoin.. we are talking about the FBI and security and Monero's claims.
So you all want to keep chanting on with diversions fine but you are not convincing anyone smart out there of anything.. you are simply looking like your desperate and causing a diversion.

The reality is i have stated COMMON SENSE.
That can not be refuted but Monero idiots are of course trying anyway.
Even when i quote fluffypony saying what i have about Monero  
Which PROVES they knew damn well what i was saying all along but were playing dumb.

Anyway..
I have heard of some crazy tech crap the US govt has pulled to get "their man".
It's not a conspiracy or something.. they really do have immense resources at their disposal.
Playing keep away with them is not a game i would want to play (as Monero shill's / dev's are)

It is what it is.
At the end of the day it will probably be looked at by the US 3 letter agencies.
Question remains will they invest larger resources into it ?
Will they end up being motivated ? Emerging Monero exclusive Ransomware and Dark Market usage is sure going to turn up the heat is my bet.
And AGAIN ..this is common sense i am talking about.

Do what ya all want i don't care.
But place your bets because there is a battle brewing.
And all i am trying to say is from my own life experience i am betting on the US etc not Monero's security system.

---

EDIT:

You know guys it would be nice to have a rational honest blunt conversation with you all with having to put up with contrarians hand waiving and games.
You all know damn well what i am saying but you suck so much of my time & energy playing dumb.
We could have moved on and be talking about more interesting issues already.
Instead we go round & round repeating the same stupid crap ..forever.
For one reason.
Bags !
Bag holders almost always will deny any negative aspect of their bags.
And with Monero that is all we ever get ..deny ..deny ..deny

That's why every coins that offers absolute anonymous transaction which attracts central authority to investigate it if they sniff something from it such as monero right now, monero leverages identity-obscuring ring signatures to make it unclear which funds have been sent by whom and to whom.
Some coins like this may interesting for people who want to out of radar, remove any trace of their transaction which refers to black market or illegal activities from FBI point of view, so those coins cannot develop/adopted so far such as bitcoin, it will stuck somewhere and drop back if authority begin to trace or ban it.

In otherwords, the security of monero hangs on this one thing and cracking this one thing would destroy it. So, exactly the same as bitcoin (and dash) private keys. All it takes is to crack one little thing ONCE and poof there goes bitcoin (and dash) because anyone can spend your coins. Just stay away from all cryptocurencies if this is something you're worried about.

In reality, what's going to happen is that someone is going to go to jail because they were using dash thinking that the coinjoin+masternode snakeoil would protect them. When that hits the headlines dash is going to 0 in a matter of minutes.

But the same is true for bitcoin, Spoetnik.  If your naive idea that "cracking a computer" is the same as cracking cryptography would hold any water, then the FBI can already find all the secret keys of all bitcoin addresses out there, and are making transactions in your name.  After all, reversing the algorithm mustn't be that hard, is it ?  And if you don't see that in your wallet, that is because they also cracked the proof of work scheme (just one single cryptographic function to crack, SHA256, not difficult, they crack it or they brute force it, don't they, it is the result that counts) and they are sneaking in regularly a block to reverse their actions so that you aren't even aware.

There.  All crypto is already cracked by the FBI, because Spoetnik is always right, and tells the world that everything is cracked.

Cracking a simple hash function must be peanuts for boys and girls of the FBI, if they can crack much more involved crypto systems, right ?  Why do you even use bitcoin, dude ?  The FBI has all the secret keys since long, and can produce by tomorrow a 10 times longer block list if they want.  Because everything can be cracked if the FBI wants.  Cracking a crypto system is like exploiting a buffer overflow, isn't it ?

In fact, they already have Satoshi's secret keys, derived from the addresses in the block chain, since years.  Sometimes they move these funds, and then, they put back the blocks as they were so that people don't realize.  That's what causes pumps and dumps in the bitcoin price.  Recently, they put back the blocks, that's why the bitcoin price dumped somewhat.  Right ?  Because everything will be cracked and compromised.  Certainly an 8 year old and relatively simple crypto scheme like bitcoin's, right ?

WOW he STILL does not get it (same with the other Monero fanatics)
I can't eve think of another way to explain what i said earlier.. it's pretty straightforward.
I have told you all endlessly like a broken record and you caw like crows arguing.
Problem is i am always right.
And i ALWAYS get to say i told you so.

If hackers from the FBI etc break the security of Monero it will not matter if the encryption scheme is brute forced or not.
What matters is the RESULT !

It does not matter HOW you break into a bank but whether you get the money out.
For example there has been big Russian banks exploited before where the user PC's were infected.
This ended up being the attack vector for them draw many millions from bank accounts.
Whether they had 50 foot thick steel doors on the vault was irrelevant.

Another example i have posted here lots before is how i cracked AND keygen'd my Firewall i use.
The dev who makes it was getting mouthy with me so i put the cocky fuck in his place.
I told him not only have i keygen'd it in a variety of ways in multiple languages using his encryption algo plus his reversed custom caesar-cipher but i *CAN* if i wish crack his program with 1 byte changed.
Get it ?
He scoffed at me when i proved it and got lippy saying it didn't work.
I forgot that a blank key needed to be in the Windows registry for the activation code which was derived from the primary HDD serial.
So he had no key but anything would have worked.
I screen capped reversing his program with a dissembler then i circled the 1 byte changed and posted it showing all the viewers watching how THEY TOO can now hack his ass.
Then i posted the 3 source code packages to the keygen(s) for all the users and i warned him his attitude would result in further damage.
And it did .. scene crackers were all over him shortly after pre'ing their own keygen's.
And they still are to this day (seen another one the other day)

You are idiots Monero shill's and your hoody merch lies.
And you will get a spanking eventually and what will fluffypony have to say about it ?
I guess the French "Monero Marketing Director and Risto's Employee" will have to model some updated merch LOL
..something like this below, Secure, Private and Untraceable



Actually.. a better slogan

Everything can and will be compromised, but there are hundreds of cryptocurrencies giving their best shot at anonymity and more are being created every day.  People who want as close to anonymity as they can get will always know that it's very easy to just convert some of their Bitcoin to this new anonymous currency and then leave no trace as to where they actually sent it. 

Maybe to some extent it's a good thing in that it takes authorities' attention away from Bitcoin, which is widely used on the dark web anyway, and instead focuses on what they will always be focusing on anyway.