Topic: The Reality of Masternode Centralization - page 3. (Read 7919 times)

You are wrong to think people are stupid enough to not see through this...when the penny dropped for me and I pointed this out 2 days ago, personally I was 50/50 as to a deliberate scam, but now after seeing the reaction, and how e.g. your last page of posts avoiding my point like everyone else has done, I think i totally nailed it..  

I guarantee certain Monero people are currently sh**ing their pants on this issue..but don't worry, not worth my trouble to fully expose it and you have enough suckers on Trolloniex to keep your scam going for a good few months I suspect...

Then use two screen shots for full disclosure. 

That's right Generalize, because I don't have a 4k screen where I can include the 3rd party wallets like MoneroX which also don't work, everything i'm saying is a lie.

you guys are an utter disgrace to BCT...just sayin.

I do like how you cut-off the bottom of the page to prop-up your assertions--subtle, very subtle. 

https://getmonero.org/getting-started/choose

^^here's the live full version for those who don't trust Blocka's research techniques. 

I have pointed out that MyMonero.com is essentially a massive gaping whole in your setup and looks likely to be a scam by your dev who has a *history* of trying to setup a web wallets in the middle of coins, like when he tried to scam USD 200,000 from Vertcoin to develop Vertpay.com - a simple HTML site. (and choosing to do this now on a Cryptonote coin means he is the only one with potential to see inside your opaque blockchain...)

Monero's answer "You don't know how many users use MyMonero, so without an exact figure nothing you are saying is true".

Or in other words, you think people are fucking stupid enough to believe a puerile defense like that instead of a reasonable explanation as to why the #1 wallet (i.e. the only one that actually works) for "the most anonymous coin in the world" is a website with a closed source backend ran by your core dev and wired up to google analytics = coin suicide.

I'll just leave this here:

Opinions are like assholes.  Everyone has one.

You are making up the above statement because you don't know it to be true or not.

LOL - i'm making up MyMonero.com?

Since I raise this 2 days ago, i got 30 Monero trolls hopping up and down saying "lies!!!!" and not one person try to say how the MyMonero setup / crippled client wallet / single-exchange situation is legit?

big mistake IMHO.  just from the reaction a huge alarm bell is going off.............................

Blocka, you can't just make things up and assume them into truth. As Senator Moyniham once elegantly pointed out, "Everyone is entitled to his own opinions, but not his own facts."

Yup.  Let's pretend like having most Monero transactions typed into the dev's personal MyMonero.com website to move funds between there and Poloniex, that controls 95% of volume, because he refuses to make you a working client wallet where he / google analytics can't see what you are doing, means that Monero's anonymity "is fine".  (serious face)

https://lab.getmonero.org/pubs/MRL-0004.pdf


If the NSA can do what I said, then Dash's anonymity is broken, but Monero's is fine. If the NSA can do what you said, then both coins are broken.

If the NSA compromises monero users' wallets, gives Poloniex the order for the coins in their possession, and steals and buys more monero coins, the more transactions they can trace. And nobody would know the percentage of the outputs the NSA would own.

I had no idea.  It's incredible that so many people think DASH is a scam and started threads discussing the various fallacies and shortcomings.

TBH G2M I don't know what the actual data MyMonero asks for when you use it, I tried signing up but got an error when submitting the private key words...no one bothered to mention it until you did, so the data collected could be totally innocuous for all i know

Don't know either whether anyone is using this info or not or even collecting it.  On the site, javascript is sending (some of) the data to the backend API. if that is being retained on the backend then you could theoretically reconstruct parts of the blockchain and use analysis tools which would give an advantage as everyone else is on opaque chain but depends on the data and someone needs to actually exploit it too..  Stuff like balances / large fund movements / where funds were going would be the honey pot. I dont know enough about Monero to say

Angry? I think it's cute that you made that thread shortly after i made this one, with your pseudo-research and all, and now you're on this thread trying to skim attention away from the masternode problem. 

So now you're lying. Since you have absolutely no factual information, you're entirely making up percentages here. If you insist you're not lying, then I'd have to classify you as "below average" intelligence, as you consistently make up information on a whim and try to pass it as having any substance. Either those 2, or that you're simply trolling of course.

Put up factual information or shut up. Your biased opinions are worthless.

Maan.

You mean I can't rickroll people for luls?

Fine.

Definitely would get a good idea w/ polo db. Still on the edge about mymonero. Would they be anywhere close to blockchain.info, or any other rich list though?

I guess a good question to ask at this point would be: ok, so the view key doesn't let you know what output is spent, yet it seems to be used to keep track of balances on mymonero. How is that information useful only on mymonero, and not anywhere else? If the information isn't beneficial anywhere else, why has this not been better conveyed? Is it because nobody asks, nobody cares, or nobody uses it?

And if you can't win there, then you can drill into the fact that the viewkey is a Monero core component except nobody has implemented it except for one website managed by Flufficus Pontificus et al. Why is this functionality not in the core software yet if there wasn't profit to be had by withholding the information?

Additionally, if there's all this damn profit to be had by creating services that allow you to view information that you can use to game the market - why isn't anyone jumping on the opportunity? I mean this is btctalk ffs. Scam central. These people would scam a nickel out of a five year old. So if getting financial information and using it to trade profitably on the Monero market was possible - where are they all?

A lot of people extremely angry that I point out how MyMonero.com undermines the whole anonymity / untracability claims of Monero and gives the owners potential to be the only ones to see inside the opaque blockchain whilst the shleps are out in the cold...and trying to find out anything more about it is like trying to draw blood from a stone.....v. interesting.

This might help your cause https://www.youtube.com/watch?v=82P6IRnueog

No you didn't, you showed how a hosting account's owner could be identified, not how a masternode could be compromised.

Furthermore, I showed you how having access to a masternode does not "compromise" the network in any way, shape or form because the public already has access to them without needing to hack a single account and they in fact do nothing but support the network. Unlike mining, access to a majority of masternodes doesn't mean jack unless you're prepared to push the price to kingdom come and turn all existing holders into billionaires.

Furthermore I showed you how public blockchain, functionally decentralised, pre-emptive mixing is an electronic monetary model that blows Cryptonote back to the dark ages with its fiat based, impoverished trust architecture that wouldn't have lasted 1 of the five years of public pounding that bitcoin took, even with a decent wallet.


Really ? Maybe you should write a white paper quantifying that theory. If I take a piss in the Atlantic I'm sure I could make a persuasive a case on bitcointalk that I've toxified an Ocean.

If you use the criteria of a cryptographic messaging system to measure monetary fungibility -two things that have jack sh*t to do with each other- then you've obviously created a self fulfilling prophecy and are going to draw conclusions that are practically meaningless as you have done.