Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1080. (Read 4670673 times)
I've started to work on a cross-platform GUI about a month ago. This task involves code rewriting from scratch, thus, improving the performance and reliability of my client. More information coming soon...
I seriously doubt what you experienced 6 months ago was this pool exploit, Heuristic.
It is however, a very opportunistic time to point out what a whizbang super sleuth you are.
It is however, a very opportunistic time to point out what a whizbang super sleuth you are.
I never said it was, I have no clue why and when I asked then I was told there was no way and It was luck. Maybe it was maybe not I still have no clue. All I know is it was possible and I didn't know that before.
It's funny that you are doing to me what you are accusing me of doing, shooting the messenger.
Oh and unless you haven't noticed my monikor is Hueristic. But you were close it actually is a Pun on heuristics.
In case you forget in the future here is a ditty so you can sound it out.
I before E except after C and U before E when referring to Me.
I seriously doubt what you experienced 6 months ago was this pool exploit, Heuristic.
It is however, a very opportunistic time to point out what a whizbang super sleuth you are.
It is however, a very opportunistic time to point out what a whizbang super sleuth you are.
So if you are admitting your guilt I figure that I am owed 732 XMR. Please pay up!
I seriously doubt what you experienced 6 months ago was this pool exploit, Heuristic.
It is however, a very opportunistic time to point out what a whizbang super sleuth you are.
It is however, a very opportunistic time to point out what a whizbang super sleuth you are.
Others have talked about Monero's technology being implemented as a sidechain of the Bitcoin blockchain. Is that feasible?
Why use a Bitcoin sidechain when you can use Monero and enjoy privacy at protocol level?
ask yourself this.
If you need to pay something with Bitcoin just use xmr.to.
For the long term success of xmr.to, or any future competitors to it, they need to charge a reasonable fee for their service. People are willing to pay for anonymity. What they are doing right now is honorable but not sustainable.
This would certainly make decentralized exchanges easier to implement, would it not?
Trivial, even... you'd just port CounterParty or CoinPrism.
Then every blockchain simply becomes an exchange with varying liquidity and security. I think this might be the actual long term scalability solution.
It's feasible, but for now I see side chains as not much more relevant than any other alt-coin exchange. The changes that would need to be implemented in BTC are not trivial nor have they even been presented as pull requests - aka it's vaporware, for now. The only way that side chains get implemented today are by federated servers which hold the private keys to all BTC 'locked' in multi-sig transactions in the main chain, representing value in the side chain.
While I do have a lot of respect for the Blockstream devs, it's just too soon to know if they'll be able to implement anything stronger than a mechanism requiring full trust in Blockstream Inc's federated servers. In this way, it's no different than Poloniex.
TLDR; Not a concern in the next few years.
While I do have a lot of respect for the Blockstream devs, it's just too soon to know if they'll be able to implement anything stronger than a mechanism requiring full trust in Blockstream Inc's federated servers. In this way, it's no different than Poloniex.
TLDR; Not a concern in the next few years.
There's also no way to keep Bitcoin out of our blockchain if we implement sidechains... We could transfer Bitcoin into the XMR sidechain as a token, then transfer it back to the BTC main chain (as long as we switch to a fast-to-verify hashing algorithm).
Conversely, there's no way to stop us from storing XMR on the BTC main chain as a token once sidechains are implemented too. In the future I think we'll see all cryptocurrency types traded in a distributed fashion on many different chains, with their tokens representing "equity" in the developing parties of the respective blockchains.
This would certainly make decentralized exchanges easier to implement, would it not?
It's feasible, but for now I see side chains as not much more relevant than any other alt-coin exchange. The changes that would need to be implemented in BTC are not trivial nor have they even been presented as pull requests - aka it's vaporware, for now. The only way that side chains get implemented today are by federated servers which hold the private keys to all BTC 'locked' in multi-sig transactions in the main chain, representing value in the side chain.
While I do have a lot of respect for the Blockstream devs, it's just too soon to know if they'll be able to implement anything stronger than a mechanism requiring full trust in Blockstream Inc's federated servers. In this way, it's no different than Poloniex.
TLDR; Not a concern in the next few years.
While I do have a lot of respect for the Blockstream devs, it's just too soon to know if they'll be able to implement anything stronger than a mechanism requiring full trust in Blockstream Inc's federated servers. In this way, it's no different than Poloniex.
TLDR; Not a concern in the next few years.
There's also no way to keep Bitcoin out of our blockchain if we implement sidechains... We could transfer Bitcoin into the XMR sidechain as a token, then transfer it back to the BTC main chain (as long as we switch to a fast-to-verify hashing algorithm).
Conversely, there's no way to stop us from storing XMR on the BTC main chain as a token once sidechains are implemented too. In the future I think we'll see all cryptocurrency types traded in a distributed fashion on many different chains, with their tokens representing "equity" in the developing parties of the respective blockchains.
Poll: https://bitcointalksearch.org/topic/cryptocurrency-the-alt-ernative-second-edition-vote-985422
Bump. Please vote. We've always done really well on these polls. This one not so much.
Others have talked about Monero's technology being implemented as a sidechain of the Bitcoin blockchain. Is that feasible?
It's feasible, but for now I see side chains as not much more relevant than any other alt-coin exchange. The changes that would need to be implemented in BTC are not trivial nor have they even been presented as pull requests - aka it's vaporware, for now. The only way that side chains get implemented today are by federated servers which hold the private keys to all BTC 'locked' in multi-sig transactions in the main chain, representing value in the side chain.
While I do have a lot of respect for the Blockstream devs, it's just too soon to know if they'll be able to implement anything stronger than a mechanism requiring full trust in Blockstream Inc's federated servers. In this way, it's no different than Poloniex.
TLDR; Not a concern in the next few years.
Hi,
On monero.crypto-pool.fr we discovered a flaw that affect the pool-code.
Someone could be stealing a big amount of hashrate for his profit.
As usual, my friend perl(btctalk)/onishin(irc) found a fix that will
be shared with all pool admins.
I wanted the users to know what's going on.
Go on IRC #monero-pools at 13:00 (1:00 P.M. GMT) for details.
Thanks,
On monero.crypto-pool.fr we discovered a flaw that affect the pool-code.
Someone could be stealing a big amount of hashrate for his profit.
As usual, my friend perl(btctalk)/onishin(irc) found a fix that will
be shared with all pool admins.
I wanted the users to know what's going on.
Go on IRC #monero-pools at 13:00 (1:00 P.M. GMT) for details.
Thanks,
Is it possible that this bug has already been utilized by someone?
I would say yes, After a week mining there I received dust and gave up. this was months back. I was thinking it was the pool owners but guess I was wrong. I'm pretty sure I mentioned it on the board somewhere but was told I was really unlucky. This was was just mining for profit and didn't know a thing about XMR.
I have been mining on crypto-pool.fr for months upon months. You should be careful not to shoot the messenger here. They found the bug and fixed it, and they are one of the most productive pools in existence.
You are entitled to your opinion and you can mine where you like, but I have been pleased with their pool and support work ethic. I have pointed my miners there consistently, having tried several other pools from time to time.
Not trying to shoot the messenger, just pointing out that yes is the answer and what my experience was there. These are the facts and it would explain why what happened to me happened. If anything it exonerates the Pool owners in my mind. I looked at the pools percentage and figured they must be doing something right at the time but was not willing to run my rigs at that loss and switched coins. In retrospect I should have investigated more deeply as if I had I more than likely would hove "Found" this coin earlier and would be the better off for it right now. IIRC I switched back to Doge and that was a utter waste then to rental and I eventually stopped mining altogether rather than buying new gear.
Well done on the pool fixes, can only imagine how much a nefarious character could have been gaining if the vulnerability has been there since the beginning. Scary stuff and a shame for all the honest miners out there.
All known duplicate share vulnerabilities fixed on my pool.
Issue was similar to exposed by me several months ago. Someone submitted duplicate shares using nonce validation vulnerability, thanks to onishin for bug report. Stats of spotted attacker were immediately flushed to prevent round payouts to his addresses. Sorry for any inconvenience.
Have a good time.
No one can stop xmr community on our way to the moon.
Issue was similar to exposed by me several months ago. Someone submitted duplicate shares using nonce validation vulnerability, thanks to onishin for bug report. Stats of spotted attacker were immediately flushed to prevent round payouts to his addresses. Sorry for any inconvenience.
Have a good time.
No one can stop xmr community on our way to the moon.
Hi,
On monero.crypto-pool.fr we discovered a flaw that affect the pool-code.
Someone could be stealing a big amount of hashrate for his profit.
As usual, my friend perl(btctalk)/onishin(irc) found a fix that will
be shared with all pool admins.
I wanted the users to know what's going on.
Go on IRC #monero-pools at 13:00 (1:00 P.M. GMT) for details.
Thanks,
On monero.crypto-pool.fr we discovered a flaw that affect the pool-code.
Someone could be stealing a big amount of hashrate for his profit.
As usual, my friend perl(btctalk)/onishin(irc) found a fix that will
be shared with all pool admins.
I wanted the users to know what's going on.
Go on IRC #monero-pools at 13:00 (1:00 P.M. GMT) for details.
Thanks,
Is it possible that this bug has already been utilized by someone?
I would say yes, After a week mining there I received dust and gave up. this was months back. I was thinking it was the pool owners but guess I was wrong. I'm pretty sure I mentioned it on the board somewhere but was told I was really unlucky. This was was just mining for profit and didn't know a thing about XMR.
I have been mining on crypto-pool.fr for months upon months. You should be careful not to shoot the messenger here. They found the bug and fixed it, and they are one of the most productive pools in existence.
You are entitled to your opinion and you can mine where you like, but I have been pleased with their pool and support work ethic. I have pointed my miners there consistently, having tried several other pools from time to time.
Bitcoin fungibility attacked: http://www.reddit.com/r/Bitcoin/comments/2yvy6b/a_regulatory_compliance_service_is_sybil/
Good read
http://insidebitcoins.com/news/someone-may-be-deanonymizing-your-bitcoin-transactions/30759
Also the term fungibility has been thrown around alot and here is a great explanation in regards to v-currency.
https://www.youtube.com/watch?v=3dAdI3Gzodo&t=47
Hi,
On monero.crypto-pool.fr we discovered a flaw that affect the pool-code.
Someone could be stealing a big amount of hashrate for his profit.
As usual, my friend perl(btctalk)/onishin(irc) found a fix that will
be shared with all pool admins.
I wanted the users to know what's going on.
Go on IRC #monero-pools at 13:00 (1:00 P.M. GMT) for details.
Thanks,
On monero.crypto-pool.fr we discovered a flaw that affect the pool-code.
Someone could be stealing a big amount of hashrate for his profit.
As usual, my friend perl(btctalk)/onishin(irc) found a fix that will
be shared with all pool admins.
I wanted the users to know what's going on.
Go on IRC #monero-pools at 13:00 (1:00 P.M. GMT) for details.
Thanks,
Is it possible that this bug has already been utilized by someone?
I would say yes, After a week mining there I received dust and gave up. This was over 6 months back. I was thinking it was the pool owners but guess I was wrong. I'm pretty sure I mentioned it on the board somewhere but was told the pool was was really unlucky and it would even out eventually. This was when I was just mining for profit and didn't know a thing about XMR. IIRC I mined about .7 XMR after a week on 5 R9-270's and a 1600T.
Monero as a Bitcoin sidechain is like bolting a Ferrari to a Humvee.
Each has its place and purpose, so why try and combine them?
Each has its place and purpose, so why try and combine them?
Bitcoin devs and foundation are too political now to implement anything truly innovative. If they wanted to they can implement ring sigs and stealth addresses like cryptonote right onto the Bitcoin blockchain. No need for sidechain. Shadow has done this very thing on the bitcoin codebase.
Yeah they could do anything, but since people like to quote Satoshi:
The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime. Because of that, I wanted to design it to support every possible transaction type I could think of.
So they core code is "set in stone", they could make use of Cryptonote on sidechains, but I personally don't see any reason to use it over Monero.
btw what Shadow has is not cryptonote, its a messy scammy shit.
That's fine he said it's set in stone but it doesn't change the fact that ring sigs & stealth addresses can be applied to the blockchain and they don't need to rely on a sidechain to get that kind of tech. As I said, it's already been done.
Others have talked about Monero's technology being implemented as a sidechain of the Bitcoin blockchain. Is that feasible?
Why use a Bitcoin sidechain when you can use Monero and enjoy privacy at protocol level?
ask yourself this.
Bitcoin devs and foundation are too political now to implement anything truly innovative. If they wanted to they can implement ring sigs and stealth addresses like cryptonote right onto the Bitcoin blockchain. No need for sidechain. Shadow has done this very thing on the bitcoin codebase.
http://www.newsbtc.com/2015/03/13/new-company-to-provide-data-on-bitcoin-blockchain/
"Implications for Bitcoin
In providing financial institutions the means to obtain regulatory compliance through real-time analysis of the blockchain, Chainanalysis plans to automate the travel rule in ensuring that its customers know who they are transacting with. The company makes use of sophisticated in-depth transaction analysis on the blockchain, hence the name Chainanalysis."
There's definitely a strong market for privacy/anonymity. My only question is whether or not products that ride on top of BTC vs a separate block chain like XMR will be the mechanism for achieving this. I'm not sure about the outcome, but I'm hedging my BTC bet by holding XMR.
"Implications for Bitcoin
In providing financial institutions the means to obtain regulatory compliance through real-time analysis of the blockchain, Chainanalysis plans to automate the travel rule in ensuring that its customers know who they are transacting with. The company makes use of sophisticated in-depth transaction analysis on the blockchain, hence the name Chainanalysis."
There's definitely a strong market for privacy/anonymity. My only question is whether or not products that ride on top of BTC vs a separate block chain like XMR will be the mechanism for achieving this. I'm not sure about the outcome, but I'm hedging my BTC bet by holding XMR.
I think the only thing keeping Monero in the race will be because there is a big enough market for an anonymity that cannot be replicated in Bitcoin. Given that we can't have mandatory mix-ins with Bitcoin if it did implement ring signatures, that makes Monero stand out.
Others have talked about Monero's technology being implemented as a sidechain of the Bitcoin blockchain. Is that feasible?
If I understood correctly, the pool exploit that was just uncovered, only affects the honest miners that are on the same pool as a dishonest one. As the dishonest miner is exploiting the pool by boosting his share count, he is getting an unfair percentage of the overall reward distribution whenever a block is found on that pool.
The underlying point is that overall nethash should not be impacted at all, and neither is the total hashrate for any pool that was being exploited. It is only the internal distribution of shares within each pool that would be crooked, and penalizing the honest miners.
Can one of the pool ops confirm if my understanding is correct? Thanks!
The underlying point is that overall nethash should not be impacted at all, and neither is the total hashrate for any pool that was being exploited. It is only the internal distribution of shares within each pool that would be crooked, and penalizing the honest miners.
Can one of the pool ops confirm if my understanding is correct? Thanks!
It was small fake hashrate because otherwise it would have been disclosed earlier. It's 2nd duplicate shares issue disclosed, first was found months ago.
2nd address is: 47mQnyN3euDeoZABfAScfh5bHFSTouWMDd6wG5j7V1cjWJg6Nm5D2CN9m6JdK3yuM2Y6pHPHSDiFzds 5bs6bwwhBJv8T56g
nonce: "3600c0kh"
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