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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1046. (Read 4670673 times)

legendary
Activity: 2968
Merit: 1198
Reddit post about Adam Back's recent work to cut the (asymptotic) size of ring signatures in half:

http://www.reddit.com/r/Bitcoin/comments/301r4e/crypto_primitive_shorter_than_current_monero_ring/
legendary
Activity: 2282
Merit: 1050
Monero Core Team
I really don't get this argument. 2300 * 5k = $11.5 million. Woopity friggin doo.
That's a naive calculation. If you want to enter the market now to run 2300 masternodes, you simply cannot obtain 2.3 million coins on the open market. The money required to obtain a sizable fraction of the masternode network is exponentially higher than $11.5 million.

And don't bring the black helicopters into this. By your same 'drop in the bucket' argument, unlimited hashing power can be bought and manufactured. Therefore, Bitcoin mining (or the mining of any other crypto) can be owned by a sufficiently determined nation state. Once they control what's written into the blockchain, it's curtains.

It's patently obvious from history that governments are not keen on relinquishing the power of the purse. I doubt they will build the hashes to pwn Bitcoin, so TPTB will just keep changing the laws to tame the public's interest.



You don't buy the Darkcoins you borrow them.

Edit: Hint: The Dashing pirateat40.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
I really don't get this argument. 2300 * 5k = $11.5 million. Woopity friggin doo.
That's a naive calculation. If you want to enter the market now to run 2300 masternodes, you simply cannot obtain 2.3 million coins on the open market. The money required to obtain a sizable fraction of the masternode network is exponentially higher than $11.5 million.

And don't bring the black helicopters into this. By your same 'drop in the bucket' argument, unlimited hashing power can be bought and manufactured. Therefore, Bitcoin mining (or the mining of any other crypto) can be owned by a sufficiently determined nation state. Once they control what's written into the blockchain, it's curtains.

It's patently obvious from history that governments are not keen on relinquishing the power of the purse. I doubt they will build the hashes to pwn Bitcoin, so TPTB will just keep changing the laws to tame the public's interest.



LOL, why would you want to attack a public blockchain with permanent links? Bitcoin is good for surveillance.

*Also, pretty naive to think that governments would just buy nodes--intimidation, threats, ect, are all part of the bureaucratic arsenal. They got to Microsoft and other companies with billions in resources and you don't think they can get a node operator? The problem is having a system that has a human element, like masternode operators, that can leak information in the first place.
hero member
Activity: 826
Merit: 500
Can someone explain whether Peter Todd's concerns from the Reddit post a few days ago are valid? What is the plan as far as mixins go?

The plan for mixins was discussed here: https://getmonero.org/2015/02/23/monero-missive-for-the-week-of-2015-02-23.html Could you provide a link to the Reddit post?
This is the one I was referring to http://www.reddit.com/r/Bitcoin/comments/2zrdxz/withdrawals_halted_as_stolen_evolution_coins_make/cplofn1
legendary
Activity: 2282
Merit: 1050
Monero Core Team
Can someone explain whether Peter Todd's concerns from the Reddit post a few days ago are valid? What is the plan as far as mixins go?

The plan for mixins was discussed here: https://getmonero.org/2015/02/23/monero-missive-for-the-week-of-2015-02-23.html Could you provide a link to the Reddit post?
legendary
Activity: 1918
Merit: 1001
The only thing that DRK has that no other coin currently has is a cult following...
Nuff said.
hero member
Activity: 525
Merit: 500
I really don't get this argument. 2300 * 5k = $11.5 million. Woopity friggin doo.
That's a naive calculation. If you want to enter the market now to run 2300 masternodes, you simply cannot obtain 2.3 million coins on the open market. The money required to obtain a sizable fraction of the masternode network is exponentially higher than $11.5 million.

And don't bring the black helicopters into this. By your same 'drop in the bucket' argument, unlimited hashing power can be bought and manufactured. Therefore, Bitcoin mining (or the mining of any other crypto) can be owned by a sufficiently determined nation state. Once they control what's written into the blockchain, it's curtains.

It's patently obvious from history that governments are not keen on relinquishing the power of the purse. I doubt they will build the hashes to pwn Bitcoin, so TPTB will just keep changing the laws to tame the public's interest.

full member
Activity: 231
Merit: 100

I seriously doubt that he is really concerned, but if so then those papers are no good because they aren't independent.


If I was interested in some kind of attack like your puppets I would do it ..

Your puppets? Sorry I didn't follow that.

Quote
You probably not aware but I was mined your coin during the summer of 2014 with my farm and already hold some coins ..
I'll look over the documentation to see what are you already improved.

Ok then. We're certainly interested in your feedback on the reports. If you also are looking for code improvements and work in progress as opposed to review and analysis you should also check the extended github (the monero-project master and also the various developer and contributor forks).

The year-in-review thing might be helpful, though of course that only covers 2014



Smooth, are these all your Monero commits or are there more? https://github.com/iamsmooth/bitmonero/commits/master?author=iamsmooth



this guy really loves you smooth: https://twitter.com/BlockaFett/status/580102058365362177

Cheesy

Well, that's what he gets paid for.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
Can someone explain whether Peter Todd's concerns from the Reddit post a few days ago are valid? What is the plan as far as mixins go?
https://twitter.com/petertoddbtc/status/579092073875308545
sr. member
Activity: 350
Merit: 250
Aren't most of Darkcoin's MasterNodes running on Amazon servers?

http://www.zdnet.com/article/amazon-dot-com-the-tech-master-of-secrecy/



nothing with 2nd-tier or 3rd-party can be trusted over the Internet, thats what Bitcoin & Monero is all about.
full member
Activity: 201
Merit: 100
Aren't most of Darkcoin's MasterNodes running on Amazon servers?

http://www.zdnet.com/article/amazon-dot-com-the-tech-master-of-secrecy/

hero member
Activity: 826
Merit: 500
Can someone explain whether Peter Todd's concerns from the Reddit post a few days ago are valid? What is the plan as far as mixins go?

You have to first understand his concerns correctly. He said that you can decode mixes with the cooperation of the other mix members. How are you going to do that in practice? It an important concept to understanding in analyzing how mixes work, but it doesn't get you to anything like an exploit, deanonymizing, tracing, etc.

As far as our own analysis of mixing and plans for improvements you should review MRL-0001 and MRL-0004 at lab.getmonero.org.
Thanks
legendary
Activity: 2968
Merit: 1198

Irony dude.

Is there some Monaro-related topic you'd like to discuss here, or are you here just to post off-topic about who is or isn't posting on the darkcoin/dash thread?


legendary
Activity: 2968
Merit: 1198
Can someone explain whether Peter Todd's concerns from the Reddit post a few days ago are valid? What is the plan as far as mixins go?

You have to first understand his concerns correctly. He said that you can decode mixes with the cooperation of the other mix members. How are you going to do that in practice? It an important concept to understanding in analyzing how mixes work, but it doesn't get you to anything like an exploit, deanonymizing, tracing, etc.

As far as our own analysis of mixing and plans for improvements you should review MRL-0001 and MRL-0004 at lab.getmonero.org.


hero member
Activity: 504
Merit: 500
eidoo wallet
Can someone explain whether Peter Todd's concerns from the Reddit post a few days ago are valid? What is the plan as far as mixins go?

I saw this thread before

https://bitcointalksearch.org/topic/unique-ring-signatures-using-secp256k1-keys-768499

Hints there that the issue may be solvable/ed.

So if we had 1,000,000 people apart of this signature, you could never find out who voted or released/leaked info unless the other 999,999 admitted it wasn't them?

If you used the blinding scheme gmaxwell described above, all 1,000,000 could "admit" it wasn't them and nobody would be able to prove otherwise.

It's even stronger than that, isn't it? If the signer used gmaxwell's blinding scheme, than none of the 1,000,000 (including the actual signer) are capable of proving that they either did or didn't sign it (even if any of them wanted to), correct?
legendary
Activity: 2968
Merit: 1198

(github question still unanswered...) Smiley

Let's represent the full picture  Wink .

https://github.com/monero-project/bitmonero/graphs/contributors

5 commits ..

As I said there are some missing. I don't know why.

Quote
smooth What's your current role then ?

First of all, let's understand the role of the core team. This is not our own pet coin. We didn't create it and don't misrepresent is as such. We are the essentially the board of directors of the project, supervising the ongoing development and maintenance as a community-focused open source project. Our primary role is to set the direction for the project, decide on priorities, etc.

We do some of the coding work ourselves, but much of that is done by community contributors (you are welcome to contribute for example) and occasionally paid freelancers under our direction. We also all provide direct financial support to the project to pay for cryptographers/academics professional fees, hosting, said freelancers, etc.

Personally, in addition to the my role on the core team as described above, I do a lot of testing and debugging (not only core code but I've also helped debug some pool issues and close some exploits), design and analysis, and a huge amount of community support (answering questions, such as yours, etc.).
legendary
Activity: 1288
Merit: 1000

(github question still unanswered...) Smiley

Let's represent the full picture  Wink .

https://github.com/monero-project/bitmonero/graphs/contributors

5 commits ..

smooth What's your current role then ?
Trolling DRK/Dash thread.

I know your kind really likes to lie and scam but you promised just one page back:

First and last post here, bye...

lol, I was sure about this.

Only stupid people don't change their mind!
hero member
Activity: 826
Merit: 500
Can someone explain whether Peter Todd's concerns from the Reddit post a few days ago are valid? What is the plan as far as mixins go?
sr. member
Activity: 392
Merit: 255
legendary
Activity: 1288
Merit: 1000

(github question still unanswered...) Smiley

Let's represent the full picture  Wink .

https://github.com/monero-project/bitmonero/graphs/contributors

5 commits ..

smooth What's your current role then ?
Trolling DRK/Dash thread.
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