I dont know where you 2 guys live but Monero have GUI for almost half a year. And is far best GUI any coin have. Why dont you test it yourself?
https://www.reddit.com/r/Monero/comments/62e1mc/mandatory_upgrade_monero_01031_wolfram/
Or just check one video of how to install and use previous version. Now is already v2 like a month old. https://www.youtube.com/watch?v=J2uFPZjz5Xw
Monero is silently making huge jumps. Other coins hype every tiny step they do, Monero dont.
One huge jump is a full Monero node on android: https://www.reddit.com/r/Monero/comments/651un2/monero_v01031_cli_for_android_arm64/ Not sure if any other coin have this. Where is a will there is way.
Topic: Monero's Achilles' heel ? - page 2. (Read 1194 times)
If they had a GUI wallet then I think that Monero's popularity would increase dramatically (a wallet that could be installed and was not command line based). Until then, I can't see many users of coins such as Bitcoin, who are used to using simple wallets, to change. Privacy is important, but how many ordinary people want to use command line?
I don't think that a GUI wallet is one of their priority, they should and have to focus on providing an annonymous environment because if they fail, their existence is pointless.
And prior to provide a GUI wallet, they should work on integration, because XMR is one of the harders coins when it comes to integration. because they lack of methods that ease this process. Especially the wallet management but i guess it is mandatory for privacy.
They might have a future, if they decide to work on all these sides, sooner is better.
On the other side, DASH is doing great about integration, and the update looks primising, and they have a long advance on XMR regarding merchants integration and many other stuff, like light wallets, light nodes, web wallets (with update) and many other features.
I would like people to stop comparing these two coins because they are totally different, each one provides different features, it is pointless to compare them.
And don't forget that DASH is more mature in development then XMR because it is a fork of Bitcoin, so they have an enormous advance compared to XMR who is a new cryptocurrency, building from scratch (except the cryptonote thing).
You have a point, but I think you're not understanding something. Why is Monero's price not increasing? Because the market does not believe it is worth more than its current price. While a GUI would make no difference to many supporters, it would interest a large amount of Bitcoin users. In order for it to become more widely adopted, it needs to attract many people, not just the diehard anonymity supporters who don't mind using something inconvenient like command prompt.
If they had a GUI wallet then I think that Monero's popularity would increase dramatically (a wallet that could be installed and was not command line based). Until then, I can't see many users of coins such as Bitcoin, who are used to using simple wallets, to change. Privacy is important, but how many ordinary people want to use command line?
I don't think that a GUI wallet is one of their priority, they should and have to focus on providing an annonymous environment because if they fail, their existence is pointless.
And prior to provide a GUI wallet, they should work on integration, because XMR is one of the harders coins when it comes to integration. because they lack of methods that ease this process. Especially the wallet management but i guess it is mandatory for privacy.
They might have a future, if they decide to work on all these sides, sooner is better.
On the other side, DASH is doing great about integration, and the update looks primising, and they have a long advance on XMR regarding merchants integration and many other stuff, like light wallets, light nodes, web wallets (with update) and many other features.
I would like people to stop comparing these two coins because they are totally different, each one provides different features, it is pointless to compare them.
And don't forget that DASH is more mature in development then XMR because it is a fork of Bitcoin, so they have an enormous advance compared to XMR who is a new cryptocurrency, building from scratch (except the cryptonote thing).
If they had a GUI wallet then I think that Monero's popularity would increase dramatically (a wallet that could be installed and was not command line based). Until then, I can't see many users of coins such as Bitcoin, who are used to using simple wallets, to change. Privacy is important, but how many ordinary people want to use command line?
Monero was more anonymous in 2014 then DASH will ever be. And more then 99.99% coins today is. But Monero is work in progress. With Ring CT it gained huge step forward, but this is not the end. Monero will be more anonymous after Autumn when there will be minimum mixing. and even more after Kovri will be added.
Anonymity is least to worry about with Monero. 2 years ago now or 2 years from now.
Anonymity is least to worry about with Monero. 2 years ago now or 2 years from now.
Transactions before January 2017 does not sound very old ... it could almost be read as : "only transactions from the last 4 months are fully secure now""
January 2017 is the point RingCT came live. From that point the transactions are much more secure.
Before January 2017 some 62% of transactions can be "read". There are 2 directions here:
* in the early days the mixin was not enforced and many used 0-1 mixin on the daily basis.
* that was decided at some point to be "not good enough" and the default was changed (to 4), the minimum being also changed to 2.
However, anybody wanted to really hide the transaction could have used a big mixin even in the early days.
Again, all this brings nothing new for the ones with the tiniest interest in Monero.
Thank you for the clarification.
Transactions before January 2017 does not sound very old ... it could almost be read as : "only transactions from the last 4 months are fully secure now""
January 2017 is the point RingCT came live. From that point the transactions are much more secure.
Before January 2017 some 62% of transactions can be "read". There are 2 directions here:
* in the early days the mixin was not enforced and many used 0-1 mixin on the daily basis.
* that was decided at some point to be "not good enough" and the default was changed (to 4), the minimum being also changed to 2.
However, anybody wanted to really hide the transaction could have used a big mixin even in the early days.
Again, all this brings nothing new for the ones with the tiniest interest in Monero.
Achilles' heel : a weakness or vulnerable point.
You Can Link Monero Transactions – But Which? And What's the Impact?
http://www.coindesk.com/monero-link-transactions-debate/
You Can Link Monero Transactions – But Which? And What's the Impact?
http://www.coindesk.com/monero-link-transactions-debate/
From what I've read it affects only the very old transactions, which were made back then with mix in 0-3. There were plenty of warnings about such transactions in the past.
Also even Coindesk agrees that the new transactions, since RingCT is in use, are safe.
While it's an interesting tool and warning, it's a little late (RingCT is on since January) so I see it as an attempt to attract the investors to another anon coins.
Monero is still under active development, so the "hackers" are still one or more steps behind.
Quote
the website provides a block explorer that lets users follow the inputs and outputs of a majority (62%) of transactions
conducted before January 2017, a feat that was widely thought to be impossible.
conducted before January 2017, a feat that was widely thought to be impossible.
Transactions before January 2017 does not sound very old ... it could almost be read as : "only transactions from the last 4 months are fully secure now""
Achilles' heel : a weakness or vulnerable point.
You Can Link Monero Transactions – But Which? And What's the Impact?
http://www.coindesk.com/monero-link-transactions-debate/
You Can Link Monero Transactions – But Which? And What's the Impact?
http://www.coindesk.com/monero-link-transactions-debate/
From what I've read it affects only the very old transactions, which were made back then with mix in 0-3. There were plenty of warnings about such transactions in the past.
Also even Coindesk agrees that the new transactions, since RingCT is in use, are safe.
While it's an interesting tool and warning, it's a little late (RingCT is on since January) so I see it as an attempt to attract the investors to another anon coins.
Monero is still under active development, so the "hackers" are still one or more steps behind.
Achilles' heel : a weakness or vulnerable point.
You Can Link Monero Transactions – But Which? And What's the Impact?
http://www.coindesk.com/monero-link-transactions-debate/
You Can Link Monero Transactions – But Which? And What's the Impact?
http://www.coindesk.com/monero-link-transactions-debate/
Quote
On Twitter, Reddit and across social media, a heated discussion has been playing out over findings published on MoneroLink.com.
Launched on 14th April, the website provides a block explorer that lets users follow the inputs and outputs of a majority (62%) of transactions
conducted before January 2017, a feat that was widely thought to be impossible.
The explorer is a practical implementation of techniques published in a research paper by Andrew Miller and Kevin Lee of the University of Illinois
at Urbana-Champaign, and Arvind Narayanan and Malte Möser of Princeton University.
Since its publication, much debate has taken place over whether the findings of the paper have been presented accurately, and equally, whether
the monero team's own research – which founder Riccardo Spagni says highlighted the same findings in 2015 – has communicated well enough
to give users of the network a clear understanding of its limitations.
Launched on 14th April, the website provides a block explorer that lets users follow the inputs and outputs of a majority (62%) of transactions
conducted before January 2017, a feat that was widely thought to be impossible.
The explorer is a practical implementation of techniques published in a research paper by Andrew Miller and Kevin Lee of the University of Illinois
at Urbana-Champaign, and Arvind Narayanan and Malte Möser of Princeton University.
Since its publication, much debate has taken place over whether the findings of the paper have been presented accurately, and equally, whether
the monero team's own research – which founder Riccardo Spagni says highlighted the same findings in 2015 – has communicated well enough
to give users of the network a clear understanding of its limitations.
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