[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1002.

primer-

legendary

Activity: 1092

Merit: 1000

Quote from: Joshuar on April 06, 2015, 05:30:13 PM

Quote from: primer- on April 06, 2015, 05:24:42 PM

Quote from: saddambitcoin on April 06, 2015, 05:19:22 PM

The link he posted has the XMR.to API in it.

I don't click their links, they have supposedly spent thousands (xmr donations) on bandwidth, as if unlimited data plans are not default nowdays... Please link to a relevant doc on xmr.to...

What does spending $ on bandwith have to do with not clicking the link?

How slow are you ? I dont want to use up their bandwith, they claim to have spent most of the donations on bandwidth usage :

https://bitcointalk.org/index.php?topic=583449.msg10062838;topicseen#msg10062838
The Monero blockchain alone is downloaded hundreds of times in a month, with our bandwidth usage regularly exceeding 2tb a month across the download nodes. Obviously this provision is not cheap, which is why your continued assistance to this project is greatly appreciated.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: primer- on April 06, 2015, 05:24:42 PM

Quote from: saddambitcoin on April 06, 2015, 05:19:22 PM

The link he posted has the XMR.to API in it.

I don't click their links, they have supposedly spent thousands (xmr donations) on bandwidth, as if unlimited data plans are not default nowdays... Please link to a relevant doc on xmr.to...

Here: https://bitcointalksearch.org/topic/m.10512430

Note that a new, more consistent API will be published this week together with a cleaner official documentation.

Joshuar

hero member

Activity: 504

Merit: 500

eidoo wallet

What does spending $ on bandwith have to do with not clicking the link?

primer-

legendary

Activity: 1092

Merit: 1000

Quote from: saddambitcoin on April 06, 2015, 05:19:22 PM

The link he posted has the XMR.to API in it.

I don't click their links, they have supposedly spent thousands (xmr donations) on bandwidth, as if unlimited data plans are not default nowdays... Please link to a relevant doc on xmr.to...

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Quote from: primer- on April 06, 2015, 05:16:03 PM

Quote from: fluffypony on April 06, 2015, 05:08:10 PM

Quote from: primer- on April 06, 2015, 04:48:29 PM

Quote from: arnuschky on April 06, 2015, 04:41:40 PM

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.

Unfortunately, the domain .from doesn't exist. Undecided

Would have loved to get that. Grin

I use XMR.to on a daily basis, if you're wondering who the 11-13xmr/day guy is - its me.
How long before you release API support ?

For a "CEO" who has "sold their stash" and is "waiting for new blood to take over" you sure do spend a lot of time here. Don't you have CEO things to do?

You may want to take a gander at this thread: https://forum.getmonero.org/3/merchants-and-marketplace/155/xmr-to-pay-any-bitcoin-address-anonymously-using-monero

How is your post related to my reply regarding xmr.to?! You seem to be after me, did I hurt your feelings ? Get lost kid, I cant wait for the day new devs take over...

The link he posted has the XMR.to API in it.

primer-

legendary

Activity: 1092

Merit: 1000

Quote from: fluffypony on April 06, 2015, 05:08:10 PM

Quote from: primer- on April 06, 2015, 04:48:29 PM

Quote from: arnuschky on April 06, 2015, 04:41:40 PM

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.

Unfortunately, the domain .from doesn't exist. Undecided

Would have loved to get that. Grin

I use XMR.to on a daily basis, if you're wondering who the 11-13xmr/day guy is - its me.
How long before you release API support ?

For a "CEO" who has "sold their stash" and is "waiting for new blood to take over" you sure do spend a lot of time here. Don't you have CEO things to do?

You may want to take a gander at this thread: https://forum.getmonero.org/3/merchants-and-marketplace/155/xmr-to-pay-any-bitcoin-address-anonymously-using-monero

How is your post related to my reply regarding xmr.to?! You seem to be after me, did I hurt your feelings ? Get lost kid, I cant wait for the day new devs take over...

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: primer- on April 06, 2015, 04:48:29 PM

Quote from: arnuschky on April 06, 2015, 04:41:40 PM

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.

Unfortunately, the domain .from doesn't exist. Undecided

Would have loved to get that. Grin

I use XMR.to on a daily basis, if you're wondering who the 11-13xmr/day guy is - its me.
How long before you release API support ?

For a "CEO" who has "sold their stash" and is "waiting for new blood to take over" you sure do spend a lot of time here. Don't you have CEO things to do?

You may want to take a gander at this thread: https://forum.getmonero.org/3/merchants-and-marketplace/155/xmr-to-pay-any-bitcoin-address-anonymously-using-monero

primer-

legendary

Activity: 1092

Merit: 1000

Quote from: arnuschky on April 06, 2015, 04:41:40 PM

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.

Unfortunately, the domain .from doesn't exist. Undecided

Would have loved to get that. Grin

I use XMR.to on a daily basis, if you're wondering who the 11-13xmr/day guy is - its me.
How long before you release API support ?

arnuschky

hero member

Activity: 518

Merit: 502

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.

Unfortunately, the domain .from doesn't exist. Undecided

Would have loved to get that. Grin

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: e-coinomist on April 06, 2015, 09:27:06 AM

Almost, I am convinced that the Bosch oeuvre was an expansive prophecy of the culture of crypto to come. But, I am too timid to publicly assign names to the characters.

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

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:)

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: Jewell on April 06, 2015, 01:10:27 PM

What is daily supply of Monero?

15,600 or so.

Jewell

hero member

Activity: 490

Merit: 500

What is daily supply of Monero?

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Verias on April 06, 2015, 12:23:09 PM

whats happening to this coin ? was busy last few days.
it was going up good and now it seems to be having a hard time stuck at 300k sat

Did i miss something?

The sky is falling. Here read all about it in the Speculation thread where these questions get answered.

https://bitcointalk.org/index.php?topic=753252.0;topicseen

also where we went WAY off topic.

Verias

sr. member

Activity: 351

Merit: 250

whats happening to this coin ? was busy last few days.
it was going up good and now it seems to be having a hard time stuck at 300k sat

Did i miss something?

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

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.

pa

hero member

Activity: 528

Merit: 501

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.

vokain

legendary

Activity: 1834

Merit: 1019

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.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: othe on April 06, 2015, 11:27:08 AM

Quote from: vokain on April 06, 2015, 11:23:08 AM

Let me ask how Tristan does it and I'll get back to you, unless someone else can enlighten us. I'd hope he'd have a cold wallet for the majority of the funds and a hot wallet he can deposit in manually, depending on the rate of withdrawals. This is more or less how BFX does it

What's there not to understand?
For Bitcoin and co they also run 1 wallet, like every other exchange (let aside hot and coldwallets etc).

For Btc and all the clones they generate a new address per user. Then they check if the address has received coins.
For Monero they generate a new payment id per user. Then they check if the payment id has received coins.

It's basically the same way it works, with a minor difference.

Quote

For a more sustainable future maybe look if there are also othere exchanges for trading.

We were on Cryptsy voting list #1 for months. https://www.cryptsy.com/coinvotes/
They even took money from paid votes: https://blockchain.info/address/1K1uqcxrjr7zWYwePFz2v6Y3hSxBvMrSJ2?filter=2

Craptsy is the worst exchange in so far as using client funds for insider trading. Getting on that exchange should not be a priority.

Do to the large amount of XMR that flows through Polo the coins should be split for if no other reason then Polo can always forward the seed to the owner in the case of a seizure attempt. Sort of a panic button that when known is in itself a deterrent.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1002. (Read 4671924 times)