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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1060. (Read 4670673 times)

legendary
Activity: 1722
Merit: 1217
What if monero was funded through fundraising website/programs? I know those websites usually dont allow you to give something in return to those who donate, but they could be directed to a monero exchange where they could buy some if theyd like.

Well, I got excited about checking out kickstarter, but they don't allow projects for "cash equivalent" things... they used some other word than things. I forget.



As I've said before, and i will probably say it again in the future. If we ever want to do a kickstarter type crowd funding campaign I continue to be more than happy to escrow it.

No need to do a kickstarter, just donate directly to devs!
http://getmonero.org/getting-started/donate/

All of these people agree: http://getmonero.org/getting-started/donate/hall-of-fame



I definitely think there is some value to the crowd funding model. People dont know what they are getting from a random donation. They dont know whether they effected anything. Maybe if they hadnt donated nothing would have been any different. Maybe the devs would have accomplished exactly as much as if they hadnt donated. With a crowd funding campaign we could do something like, if we are able to raise X resources by Y date than these three devs will be able to work full time on monero for 6 months rather than as a side project. Or something like this. Then contributors know what they are purchasing, rather than just some nebulous idea of maybe monero will be made better. Additionally it gives people a goal that they can push for, people can say look we only need 1,000 more monero before we reach the goal. They can track the progress. People have conversations about it and so follow the progress in a way that they dont with just people giving random donations when ever. Its definitely not the same.

Something like this becomes more feasible with the increasing Monero price.

Thats what you call a positive feedback loop Cheesy
legendary
Activity: 1456
Merit: 1000
What if monero was funded through fundraising website/programs? I know those websites usually dont allow you to give something in return to those who donate, but they could be directed to a monero exchange where they could buy some if theyd like.

Well, I got excited about checking out kickstarter, but they don't allow projects for "cash equivalent" things... they used some other word than things. I forget.



As I've said before, and i will probably say it again in the future. If we ever want to do a kickstarter type crowd funding campaign I continue to be more than happy to escrow it.

No need to do a kickstarter, just donate directly to devs!
http://getmonero.org/getting-started/donate/

All of these people agree: http://getmonero.org/getting-started/donate/hall-of-fame



I definitely think there is some value to the crowd funding model. People dont know what they are getting from a random donation. They dont know whether they effected anything. Maybe if they hadnt donated nothing would have been any different. Maybe the devs would have accomplished exactly as much as if they hadnt donated. With a crowd funding campaign we could do something like, if we are able to raise X resources by Y date than these three devs will be able to work full time on monero for 6 months rather than as a side project. Or something like this. Then contributors know what they are purchasing, rather than just some nebulous idea of maybe monero will be made better. Additionally it gives people a goal that they can push for, people can say look we only need 1,000 more monero before we reach the goal. They can track the progress. People have conversations about it and so follow the progress in a way that they dont with just people giving random donations when ever. Its definitely not the same.

Something like this becomes more feasible with the increasing Monero price.
legendary
Activity: 1722
Merit: 1217
What if monero was funded through fundraising website/programs? I know those websites usually dont allow you to give something in return to those who donate, but they could be directed to a monero exchange where they could buy some if theyd like.

Well, I got excited about checking out kickstarter, but they don't allow projects for "cash equivalent" things... they used some other word than things. I forget.



As I've said before, and i will probably say it again in the future. If we ever want to do a kickstarter type crowd funding campaign I continue to be more than happy to escrow it.

No need to do a kickstarter, just donate directly to devs!
http://getmonero.org/getting-started/donate/

All of these people agree: http://getmonero.org/getting-started/donate/hall-of-fame



I definitely think there is some value to the crowd funding model. People dont know what they are getting from a random donation. They dont know whether they effected anything. Maybe if they hadnt donated nothing would have been any different. Maybe the devs would have accomplished exactly as much as if they hadnt donated. With a crowd funding campaign we could do something like, if we are able to raise X resources by Y date than these three devs will be able to work full time on monero for 6 months rather than as a side project. Or something like this. Then contributors know what they are purchasing, rather than just some nebulous idea of maybe monero will be made better. Additionally it gives people a goal that they can push for, people can say look we only need 1,000 more monero before we reach the goal. They can track the progress. People have conversations about it and so follow the progress in a way that they dont with just people giving random donations when ever. Its definitely not the same.
sr. member
Activity: 306
Merit: 251
So what ever happened to cryptocoins-dice.com   Did they just steal all the funds and skip town?
Yes

As if you really had to guess.  They totally pulled a Friedcat.

Well I made about 25 XMR off that site in a quick 10 days. Then my Spidey senses kicked in and said get the F$#@ out. 
Listening to my gut instinct rarely fails me.  Well karma is a bitch and they will get what's coming to them.  Feel for anyone that lost XMR or other coins.

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
So what ever happened to cryptocoins-dice.com   Did they just steal all the funds and skip town?
Yes

As if you really had to guess.  They totally pulled a Friedcat.
legendary
Activity: 2968
Merit: 1198
So what ever happened to cryptocoins-dice.com   Did they just steal all the funds and skip town?
Yes
sr. member
Activity: 306
Merit: 251
So what ever happened to cryptocoins-dice.com   Did they just steal all the funds and skip town?

G2M
sr. member
Activity: 280
Merit: 250
Activity: 616
... Vice ...

LOL, i was actually in Vice NYC with one of their PPM's chatting Monero up. She said she'll talk to the motherboard guy about it. This was months ago, maybe it's time to ask again Cheesy

What's a PPM?

Alex Pasternack is the Motherboard editor I believe. alexp at motherboard dot tv

Sir, he's referred to as noodle in my parts! Cheesy

also, post production manager = ppm
legendary
Activity: 1610
Merit: 1004
What if monero was funded through fundraising website/programs? I know those websites usually dont allow you to give something in return to those who donate, but they could be directed to a monero exchange where they could buy some if theyd like.

Well, I got excited about checking out kickstarter, but they don't allow projects for "cash equivalent" things... they used some other word than things. I forget.



As I've said before, and i will probably say it again in the future. If we ever want to do a kickstarter type crowed funding campaign I continue to be more than happy to escrow it.

No need to do a kickstarter, just donate directly to devs!
http://getmonero.org/getting-started/donate/

All of these people agree: http://getmonero.org/getting-started/donate/hall-of-fame

hero member
Activity: 644
Merit: 502


I made a short animation of the Monero logo in 3D and I just uploaded it to Youtube.

Nothing spectacular, but I made the logo in Solidworks and I am just a beginning student, so it isn't too bad, considering.  Tongue

Link to video: https://youtu.be/JO8J_epTPo0
legendary
Activity: 1722
Merit: 1217
What if monero was funded through fundraising website/programs? I know those websites usually dont allow you to give something in return to those who donate, but they could be directed to a monero exchange where they could buy some if theyd like.

Well, I got excited about checking out kickstarter, but they don't allow projects for "cash equivalent" things... they used some other word than things. I forget.



As I've said before, and i will probably say it again in the future. If we ever want to do a kickstarter type crowd funding campaign I continue to be more than happy to escrow it.
legendary
Activity: 1260
Merit: 1008
What if monero was funded through fundraising website/programs? I know those websites usually dont allow you to give something in return to those who donate, but they could be directed to a monero exchange where they could buy some if theyd like.

Well, I got excited about checking out kickstarter, but they don't allow projects for "cash equivalent" things... they used some other word than things. I forget.

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
*edit* i was thinking the other day, if monero's anonymity is not sufficient for your needs you can always run monero through a tumbler like bitcoin fog. its crazy to think about the difficulty of tracking monero that's been through a tumbler.

Yes that is absolutely true and an advantage over btc mixers would be that the mixer logs would be useless since the mixer itself wouldn't know where the coins came from. With a coinjoin-style mixer the mixer wouldn't even need to know where the coins are going either. With the former you still have the usual issue of the mixer stealing your coins and with the latter you have a simultaneity requirement and timing attacks (as with regular coinjoin). The denominations naturally used in Monero would help with some of the other coinjoin weaknesses (relationships between inputs and output values).

This would provide protection against the threat that someday the "crypto is cracked" and anonymity broken. But then again in the normal course of transactions through merchants, p2p transactions, loans, gambling, etc. there is a lot of natural mixing too.

You can easily add off-chain mixing to a coin that provides on-chain mixing but you can't easily do the opposite.

EDIT: I guess you could pre-derive a one-time destination address even with a receive-and-send mixer, which would remove the recipient address from the mixer's logs too. Currently there is no tooling to send to a precomputed one-time address but I don't see a reason why it couldn't work. Also, I guess there are some issues with r being per-tx not per-output, although I suppose that could be changed to enable this, at the cost of some added space.

Sounds good.  Let's add trustless FluffyNodes to the roadmap!
legendary
Activity: 2968
Merit: 1198
*edit* i was thinking the other day, if monero's anonymity is not sufficient for your needs you can always run monero through a tumbler like bitcoin fog. its crazy to think about the difficulty of tracking monero that's been through a tumbler.

Yes that is absolutely true and an advantage over btc mixers would be that the mixer logs would be useless since the mixer itself wouldn't know where the coins came from. With a coinjoin-style mixer the mixer wouldn't even need to know where the coins are going either. With the former you still have the usual issue of the mixer stealing your coins and with the latter you have a simultaneity requirement and timing attacks (as with regular coinjoin). The denominations naturally used in Monero would help with some of the other coinjoin weaknesses (relationships between inputs and output values).

This would provide protection against the threat that someday the "crypto is cracked" and anonymity broken. But then again in the normal course of transactions through merchants, p2p transactions, loans, gambling, etc. there is a lot of natural mixing too.

You can easily add off-chain mixing to a coin that provides on-chain mixing but you can't easily do the opposite.

EDIT: I guess you could pre-derive a one-time destination address even with a receive-and-send mixer, which would remove the recipient address from the mixer's logs too. Currently there is no tooling to send to a precomputed one-time address but I don't see a reason why it couldn't work. Also, I guess there are some issues with r being per-tx not per-output, although I suppose that could be changed to enable this, at the cost of some added space.
legendary
Activity: 1722
Merit: 1217
hash the destination address + the block header of the previous block

Two problems here. One is the the destination address is one time and the sender can change it with a different choice of r. The other is that you could just wait for another block.

Something like this might be possible based on the key image. That's something I've thought about a bit for another purpose.



Well thats all i really hoped to accomplish was to see if i could get the devs thinking about the general principal in a more abstract sense. if you already are than awesome. Smiley

*edit* also, 0.003  Smiley
hero member
Activity: 504
Merit: 500
eidoo wallet
What if monero was funded through fundraising website/programs? I know those websites usually dont allow you to give something in return to those who donate, but they could be directed to a monero exchange where they could buy some if theyd like.
legendary
Activity: 2968
Merit: 1198
hash the destination address + the block header of the previous block

Two problems here. One is the the destination address is one time and the sender can change it with a different choice of r. The other is that you could just wait for another block.

Something like this might be possible based on the key image. That's something I've thought about a bit for another purpose.

legendary
Activity: 1722
Merit: 1217
So I just had an idea. I literally just thought of it like 1 second ago so i haven't really thought it through. So i was thinking about this post.

Quote
Monero gets you closer, but it's not perfect.

The problem with Monero's ring signatures in this situation is an exchange can notice that one of the pubkeys in your ring signature comes from a "stolen" coin and tell you to resubmit the tx with that pubkey left out of the signature.

What really solves this thoroughly is Zerocash, where essentially the "ring signature set" is all unspent Zerocash, and you can't leave any coins out of that set.

And hes right of course. But what if there was a way to prevent transaction authors from being able to chose which mixin partners they used. So for an extremely rough example of the idea. Certainly not saying we should do this, just to demonstrate the principal in a very abstract form. What if for a given transaction to be considered valid you had to hash the destination address + the block header of the previous block and then select the mixin partners that are numerically closest to that hash in terms of absolute value. That way transaction authors would have no choice in who their partners were. This would completely solve the fungibility concerns.

Again im not saying, HEY LETS GO DO THIS, i just want to get the gears turning in peoples heads. maybe be inspiration for some idea that is similar in some way but better.

Doesn't work as a malicious entity spamming the blockchain during few blocks would own all unspents to be used after that for a while. (and then cascading from then on...).

Anyway I disagree he's right with the issue. You can spend the "blacklisted" inputs into others that are not. In the extreme case you end up with what is described in one of the reddit answer:
What he describes is basically MRL-0001 and what MRL-0004 fixes Smiley
+1

right you are sir. thanks for a good post.

*edit* i was thinking the other day, if monero's anonymity is not sufficient for your needs you can always run monero through a tumbler like bitcoin fog. its crazy to think about the difficulty of tracking monero that's been through a tumbler.
legendary
Activity: 1512
Merit: 1012
Still wild and free
So I just had an idea. I literally just thought of it like 1 second ago so i haven't really thought it through. So i was thinking about this post.

Quote
Monero gets you closer, but it's not perfect.

The problem with Monero's ring signatures in this situation is an exchange can notice that one of the pubkeys in your ring signature comes from a "stolen" coin and tell you to resubmit the tx with that pubkey left out of the signature.

What really solves this thoroughly is Zerocash, where essentially the "ring signature set" is all unspent Zerocash, and you can't leave any coins out of that set.

And hes right of course. But what if there was a way to prevent transaction authors from being able to chose which mixin partners they used. So for an extremely rough example of the idea. Certainly not saying we should do this, just to demonstrate the principal in a very abstract form. What if for a given transaction to be considered valid you had to hash the destination address + the block header of the previous block and then select the mixin partners that are numerically closest to that hash in terms of absolute value. That way transaction authors would have no choice in who their partners were. This would completely solve the fungibility concerns.

Again im not saying, HEY LETS GO DO THIS, i just want to get the gears turning in peoples heads. maybe be inspiration for some idea that is similar in some way but better.

Doesn't work as a malicious entity spamming the blockchain during few blocks would own all unspents to be used after that for a while. (and then cascading from then on...).

Anyway I disagree he's right with the issue. You can spend the "blacklisted" inputs into others that are not. In the extreme case you end up with what is described in one of the reddit answer:
What he describes is basically MRL-0001 and what MRL-0004 fixes Smiley
+1
hero member
Activity: 532
Merit: 500
What he describes is basically MRL-0001 and what MRL-0004 fixes Smiley
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