[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1000.

vokain

legendary

Activity: 1834

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Quote from: smooth on April 07, 2015, 07:11:17 AM

Quote from: primer- on April 07, 2015, 07:07:01 AM

Quote from: dEBRUYNE on April 07, 2015, 06:56:34 AM

I was a bit exaggerating, sorry for that. But you still didn't answer my question why he would even lie about this?

BitFinex is a serious exchange they added DRK/LTC for one reason alone, strong development support.

The main reason is not "development support" it is simply that they are Bitcoin clones and it takes little to no effort to add another Bitcoin clone to an exchange that already supports 1 or especially 2.

For an exchange to add Monero they have to not only be motivated to do it but also be willing to invest in actual development of their own systems to support it.

I'd bet that BFX started accepting DRK after possibly some underhanded negotiation convinced BFX that accepting DRK would posture BFX as the leading premier exchange of the fancy newfangled anonymous coin of the future, supported by certain DRK whales' (ahem, Otoh) assurances to make the market.

It may be prudent for someone to eloquently notify them that this is not the case, and the only public decentralized cryptocurrency protocol that has proven anonymity is CryptoNote. Also, that the structuring of DRK's coin distribution is too reminiscent of a pyramid scheme. They could save their amazing exchange a lot of face...

With the precedence set by the SEC of Pakistan...
http://siliconangle.com/blog/2015/04/05/leocoin-yet-another-bitcoin-alt-with-links-to-ponzi-schemes/

...it is all the more likely that the rather conspicuous signs of rats fleeing the sinking ship that is DRK suggest that they too realize such a risk is presented by the instamine + masternode reward scheme:
https://bitcointalksearch.org/topic/dash-aka-darkcoin-victim-resources-999084

mmortal03

legendary

Activity: 1762

Merit: 1011

Quote from: ?? on ??

Quote from: https://forum.getmonero.org/5/support/255/exchange-integration

get_bulk_payments: this is the preferred method, and requires two parameters, payment_ids - a JSON array of payment IDs - and an optional min_block_height - the block height to scan from.

in our case, we will be required to query thousands of payment_ids (we have 50k members). do you recommend us to use get_bulk_payments with array of hundreds or even thousands of payment_ids. Or is there any more elegant method?

Thanks

Monero may be on its way to its first Fiat exchange.

That would be outstanding.

Edit: It would be for the Indonesian Rupiah, but the only pair they offer it with is BTC. Altcoins are only paired with BTC.

papa_lazzarou

hero member

Activity: 649

Merit: 500

Quote from: mmortal03 on April 07, 2015, 06:28:51 AM

Quote from: generalizethis on April 06, 2015, 10:04:31 AM

XMR.FROM as a natural side-kick to XMR.TO has been talked about here. Not sure as to if it's being developed, but seems like it would be a good start to creating more Monero exchange options.

It couldn't be .from, but it could be XMRFR.OM, if it's based in Oman, that is. Wink

Seriously, though, whatever it's called, I want it.

I think the xmr.me someone proposed a while back is good in a tongue-in-cheek way.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: primer- on April 07, 2015, 07:07:01 AM

Quote from: dEBRUYNE on April 07, 2015, 06:56:34 AM

I was a bit exaggerating, sorry for that. But you still didn't answer my question why he would even lie about this?

BitFinex is a serious exchange they added DRK/LTC for one reason alone, strong development support.

The main reason is not "development support" it is simply that they are Bitcoin clones and it takes little to no effort to add another Bitcoin clone to an exchange that already supports 1 or especially 2.

For an exchange to add Monero they have to not only be motivated to do it but also be willing to invest in actual development of their own systems to support it.

primer-

legendary

Activity: 1092

Merit: 1000

Quote from: dEBRUYNE on April 07, 2015, 06:56:34 AM

I was a bit exaggerating, sorry for that. But you still didn't answer my question why he would even lie about this?

BitFinex is a serious exchange they added DRK/LTC for one reason alone, strong development support.

Monero is still in its infancy, its just not going to happen.

EDIT: However, if there are negotiations in place, please have someone more technical and more fluent in English represent Monero community! David is not the person for this job!
David came into monero-pools channel couple of times in the last month or so, asking what he needs to buy to mine 50XMR/day. He is completely clueless.

18 March 2015
5:08 PM Hi
5:08 PM What is the most profitable configuration for mining monero?
5:09 PM (either CPU or GPU)

12 March 2015
2:13 AM Hi
2:15 AM Question:
2:15 AM Which hardware would I need to make more than 50 monero a day by mining?

papa_lazzarou

hero member

Activity: 649

Merit: 500

Quote from: perl on April 05, 2015, 09:06:00 PM

Quote from: nachoig on April 05, 2015, 11:39:51 AM

Quote from: fluffypony on April 05, 2015, 07:02:50 AM

Conclusion

ChainRadar is either "accidentally" showing From Transactions, or it is trying to appear to have compromised Monero. Coupled with the sudden appearance of a troll claiming 20/20 transactions unmasked it is clear that something dodgy is going on. Avoid ChainRadar, and always check the data for yourself before buying in to what the trolls say.

So, it would be good to put http://moneroblocks.eu/ in the OP instead of ChainRadar. Also, it could be putted at Monero's official websit, because there's no way to find any block explorer at it.

I have tested replace chainradar per moneroblock.eu on my pool .
I have rollback Sad

.

if tx or block not exists or not find per moneroblock.eu ( more recents )

Notice: Undefined variable: transaction in /var/www/html/app/controllers/blockexplorer.php on line 212
http://moneroblocks.eu/tx/e22d1f9f50ef8128a5f6d471c2655c2dd68054a2af2bb8c3e88cd43980980925

Fix at and disable error and I replace chainradar per your site.

Hi!

Sorry if this rookie mistake made it difficult for you guys to check non existent transactions. Tongue

Thanks for pointing this out. It's fixed now.

And error display is now turned off Embarrassed

AND I guess I'll have to change the backend structure because of this little indiscretion. Oh well...

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: primer- on April 07, 2015, 06:37:13 AM

Quote from: dEBRUYNE on April 07, 2015, 06:27:23 AM

David showed me the email conversation and I can thus vouch for him, so what you're stating is utter bullshit. Why would he even lie about this?

Watch your language.

Fuck off

In my opinion you add nothing to this coin or community.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: primer- on April 07, 2015, 06:37:13 AM

Quote from: dEBRUYNE on April 07, 2015, 06:27:23 AM

David showed me the email conversation and I can thus vouch for him, so what you're stating is utter bullshit. Why would he even lie about this?

Watch your language.

More about David's PR skills here : https://www.youtube.com/watch?v=_PRLuaD-qVQ
If he is in charge of negotiations with Bitfinex its just not going to happen.

EDIT: I just noticed how David and Vitalik Buterin look alike, as if he is Vitalik's big brother

I was a bit exaggerating, sorry for that. But you still didn't answer my question why he would even lie about this?

primer-

legendary

Activity: 1092

Merit: 1000

Quote from: dEBRUYNE on April 07, 2015, 06:27:23 AM

David showed me the email conversation and I can thus vouch for him, so what you're stating is utter bullshit. Why would he even lie about this?

Watch your language.

More about David's PR skills here : https://www.youtube.com/watch?v=_PRLuaD-qVQ
If he is in charge of negotiations with Bitfinex its just not going to happen.

EDIT: I just noticed how David and Vitalik Buterin look alike, as if he is Vitalik's big brother

mmortal03

legendary

Activity: 1762

Merit: 1011

Quote from: generalizethis on April 06, 2015, 10:04:31 AM

XMR.FROM as a natural side-kick to XMR.TO has been talked about here. Not sure as to if it's being developed, but seems like it would be a good start to creating more Monero exchange options.

It couldn't be .from, but it could be XMRFR.OM, if it's based in Oman, that is. Wink

Seriously, though, whatever it's called, I want it.

And, what I'd *really* like to have, and I've mentioned it before, is some way to buy XMR directly for USD (or an equivalent). Poloniex has an XMR/USDT pair, but it has little to no volume, the spread is awful, and you can't easily buy USDT in the US right now.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: primer- on April 07, 2015, 06:20:45 AM

Quote from: David Latapie on April 07, 2015, 04:31:09 AM

Quote from: GTO911 on April 06, 2015, 10:08:51 AM

Anybody knows someone from Bitfinex?

BTW - Does anyone know about this? Were Darkcoin scammers trying to increase the supply at will?

https://docs.google.com/document/d/1f7z840EcKjGNr7jZTwHL1u5HDTGNqHeeCszrR0Iy1J8/edit?pli=1

I contacted Bitfinex some days ago and I received a (non-automatic) reply about them looking into adding Monero. Methinks this is a good opportunity for other to propose it to.

Core team is so desperate they are on a FUD crusade themselves... Bitfinex would not touch monero with a 10 foot pole.

David showed me the email conversation and I can thus vouch for him, so what you're stating is utter bullshit. Why would he even lie about this?

primer-

legendary

Activity: 1092

Merit: 1000

Quote from: David Latapie on April 07, 2015, 04:31:09 AM

Quote from: GTO911 on April 06, 2015, 10:08:51 AM

Anybody knows someone from Bitfinex?

BTW - Does anyone know about this? Were Darkcoin scammers trying to increase the supply at will?

https://docs.google.com/document/d/1f7z840EcKjGNr7jZTwHL1u5HDTGNqHeeCszrR0Iy1J8/edit?pli=1

I contacted Bitfinex some days ago and I received a (non-automatic) reply about them looking into adding Monero. Methinks this is a good opportunity for other to propose it to.

Core team is so desperate they are on a FUD crusade themselves... Bitfinex would not touch monero with a 10 foot pole.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: GTO911 on April 06, 2015, 10:08:51 AM

Anybody knows someone from Bitfinex?

BTW - Does anyone know about this? Were Darkcoin scammers trying to increase the supply at will?

https://docs.google.com/document/d/1f7z840EcKjGNr7jZTwHL1u5HDTGNqHeeCszrR0Iy1J8/edit?pli=1

I contacted Bitfinex some days ago and I received a (non-automatic) reply about them looking into adding Monero. Methinks this is a good opportunity for other to propose it to.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

https://www.youtube.com/watch?v=XEVlyP4_11M

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: kennyP on April 07, 2015, 01:27:05 AM

Quote from: fluffypony on April 07, 2015, 01:10:18 AM

Quote from: kennyP on April 06, 2015, 11:44:59 PM

Quote from: fluffypony on April 06, 2015, 06:18:33 PM

Quote from: primer- on April 06, 2015, 06:00:59 PM

Let me give out a warning, lets not make this personal, otherwise i will have to handle this as i do other personal attacks.

I'll be in Europe within the month. How about you get lost until then, and meet me in Europe so we can thrash this out face to face? I bet you'll have some lame excuse not to meet me.

crypto nerd cage fighting ... now that's got marketing potential! Everyone loves a punch-up.

edit: arm wrestling might be more suitable for a dev though

I was hoping for a war of words. I can rap about droppin' Monero on xmr.to / buyin' stupid junk to make up for feelin' blue, he can lay down some beat poetry about how tough life is when you're the CEO of a company of 1.

Outstanding!!!! Crypto nerd 'battles' ... now that's got marketing potential!!! I'd love to see primer going 'off the dome'!!

kennyP

hero member

Activity: 544

Merit: 500

Quote from: fluffypony on April 07, 2015, 01:10:18 AM

Quote from: kennyP on April 06, 2015, 11:44:59 PM

Quote from: fluffypony on April 06, 2015, 06:18:33 PM

Quote from: primer- on April 06, 2015, 06:00:59 PM

Let me give out a warning, lets not make this personal, otherwise i will have to handle this as i do other personal attacks.

I'll be in Europe within the month. How about you get lost until then, and meet me in Europe so we can thrash this out face to face? I bet you'll have some lame excuse not to meet me.

crypto nerd cage fighting ... now that's got marketing potential! Everyone loves a punch-up.

edit: arm wrestling might be more suitable for a dev though

I was hoping for a war of words. I can rap about droppin' Monero on xmr.to / buyin' stupid junk to make up for feelin' blue, he can lay down some beat poetry about how tough life is when you're the CEO of a company of 1.

Outstanding!!!! Crypto nerd 'battles' ... now that's got marketing potential!!! I'd love to see primer going 'off the dome'!!

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: e-coinomist on April 06, 2015, 08:11:44 PM

Ready to rrrruumble Grin

just where do they take XMR for sport bets? How are the odds?
Aaaand iron horse shoes inside boxing gloves are illegal throughout one half of europe, as I do remember.
You want to meet inside the other half.

Tippero does:)

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: kennyP on April 06, 2015, 11:44:59 PM

Quote from: fluffypony on April 06, 2015, 06:18:33 PM

Quote from: primer- on April 06, 2015, 06:00:59 PM

Let me give out a warning, lets not make this personal, otherwise i will have to handle this as i do other personal attacks.

I'll be in Europe within the month. How about you get lost until then, and meet me in Europe so we can thrash this out face to face? I bet you'll have some lame excuse not to meet me.

crypto nerd cage fighting ... now that's got marketing potential! Everyone loves a punch-up.

edit: arm wrestling might be more suitable for a dev though

I was hoping for a war of words. I can rap about droppin' Monero on xmr.to / buyin' stupid junk to make up for feelin' blue, he can lay down some beat poetry about how tough life is when you're the CEO of a company of 1.

luigi1111

legendary

Activity: 1105

Merit: 1000

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: opennux on April 06, 2015, 11:02:24 PM

Quote from: Hueristic on April 06, 2015, 09:22:59 PM

Quote from: fluffypony on April 06, 2015, 01:55:08 PM

Quote from: Hueristic on April 06, 2015, 12:17:03 PM

Quote from: pa on April 06, 2015, 11:59:52 AM

Quote from: vokain on April 06, 2015, 11:55:04 AM

But if they instead generated a unique address(es) for each account, wouldn't that mean that there is no need to deal with payment IDs? I'm ignorant here.

Monero uses stealth addresses, automatically generating one-time use addresses behind the scenes. The equivalent of generating a unique address, without using a payment ID, would be generating a unique wallet for each Monero customer. It's much more elegant to use the payment ID.

Elegance does not equate to secure. If that seed gets impounded or stolen. Should be diversified and offline for all accounts separately. As I stated, so in an emergency the seeds can be sent to the owners. Unless I an not comprehending something?

This seems to be a weakness in the system compounded by the fact of centralization which in itself is not diversified over multiple markets. That is one big attack vector. It would suck if that key got Stolen/Hacked/Seized before a decentralized exchange came online. MP was bad enough.

In order to operate a hot wallet their web application would need to have access to each of those wallets. If you can compromise one you can compromise them all, so there's literally no security benefit to running multiple hot wallets.

The correct solution is a hot wallet that balances off to a cold wallet, and the only way for funds to get back into the hot wallet (for a run on withdrawals) is by manual transfer, no need to break the payment ID system:)

Why do exchanges not use tokens and only activate wallets for updates and/or withdrawals? Then all wallets can be cold and separate (as well as separately encrypted) for a majority of the time. Sorry if this is a stupid question as I've never really thought of how exchanges operate. Also there would be a higher level of control as during updates the process can be monitored and there can be checks for an inordinate amount of wallets be activated at once thereby adding a layer of checks that can notify operators of suspicious activity. I would think this would make it pretty tough to steal 7000 BTC.

It's likely mostly a business decision.
Altcoin (and btc) exchanges work on one of the premises of being almost instantaneous in transactions. If all withdrawals were manual, it would likely scare away more customers, because it would slow down withdrawals dramatically. And most customers seems to want speed/convenience over security (and also the opportunity to do arbitrage). They would also need more man power to handle all transactions manually. Thus having less revenue, but a larger overhead.

As such every exchange do their own risk-analysis of what they are willing to put in the hot wallet.

There are a few places that do it the air gapped way.

I wasn't recommending manual transactions at all, it seems to me wrappers could handle individual wallet accessing pretty easily from warm storage, Air gapping of course is the most secure but for obvious reasons you already stated only a percentage can be Cold. Maybe I'm not explaining my thoughts here. Is there any flowchart's of a standard exchange model around?

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1000. (Read 4671924 times)