Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1195. (Read 4670643 times)

I would call the main goal of the first step to do a freebazaar platform, corresponded with the OB state at the deadline moment (ca.a month), with using Monero as a means of paying. in reality, the more detailed plan can be only made
1) after we choose what the direction to go: own way or confluence into OB.
I'm going to discuss this point with donators, their thoughts, suggestions.., to contact OB devs
2) as well as after learning and analysing the whole OB code, its functions. that will take me a while, we want the thing to be stable and secure.

OB has got about 260 open bugs actually, some of them I will have to fix to get monero parts working. but I also suppose, the most complicated part will be developing of well-operating monero escrow without multisig.

I won't integrate the market in any GUI wallet.but I realize a communiation with monero wallets via API.
to core devs: will be there any API to mymonero?
I agree you smooth as esrow and the final arbiter

See list of pools here

Hi, What is the best pool to miner XMR ?

Thank you for the detailed explanations today

Did you mean payment ID?

Maybe. There was one issue with I think 128 bit multiplication not being implemented in the standard (32-bit) GCC library, but there is a portable version in the Monero code itself, so that just needs to be tweaked a bit (might already be done).

Looking at the commit messages i might prefer to crawl through my trashcan instead of that code.

https://github.com/jl777/btcd/tree/master/libjl777

Code is there. It's still being tested though so it's not enabled in the live version.

I was informed that transactions fail sometimes with it

I'll wait

I've got 3-5 I can put it on.

Does anything compile on 32 bit machines?

Does it compile for multiple OS's? I can do some linux and maybe windows compiles, maybe more if I put the time into it.

There is no anonymity code in BTCD afaik, at least there wasn't last time i checked. that answers your question i hope.


DID YOU TEST THE BLOCKCHAIN BRANCH? https://github.com/tewinget/bitmonero/commits/blockchain

We are missing testers and especially results, we can't test it on hundreds of different pcs ourselves

yes, just GET THAT DAMN BLOCKCHAIN OUT OF MEMORY

- Have the entire network reject transactions of mixin 0, 1 and 2

- Do the I2PD layer thing


and then we can work on building software on top of it

Interesting.  So BTCD is actually a good project.  Are there any worthwhile anon coins besides CN and BTCD?

I would hesitate to say yes here, only because Monero can be both 'fully anonymous' and 'fully transparent' within the same blockchain.

While it does offer untraceability and unlinkability through ring signatures and stealth addressing, you are given the choice of a mixin value with which you want to 'mix' your pennies with. In this sense, you can mix with anywhere from zero pennies to, say, twenty pennies.

When choosing a mixin of zero, you do not use mixins and your transaction becomes traceable. You still use stealth addresses no matter what, so that the receiver may choose to retain their unlinkability and untraceability when in the future they decide to use the money they have received.

To retain your own personal unlinkability and untraceability, this would best be done using two wallets. Have the sender, who chooses to use a zero mixin (Example: Poloniex), send the funds to a one-time wallet created by yourself that you control, and then send those funds to your personal wallet with funds you wish to keep unlinkable and untraceable.

This will be at the expense of transaction fees for you, likely less than .1 XMR.

Additionally, if you were aware that the person you were sending funds to was going to choose to not use mixins, and you wish your funds to not be traced to the transaction in the future, then you may send funds to a second, disposable, wallet that you control for the sake of this one transaction, and send the funds to their destination from your interim wallet so that your money remains unlinkable and untraceable to your original coins.

Consider your interim wallets like a bank deposit. While banks generally collect your SS#, or some identifying information that permanently links your identity to your account, Monero does not. The bank deposits are linkable, but the 'cash' going into them from untraceable and unlinkable wallet funds are not. Somewhat like you're temporarily 'borrowing' someone else's bank account for a single transaction.

Understand that the method described above are precautionary measures, on the grounds that you are making the choice to not place your unlinkability into any type of unknown. If you are 100% positive that the wallet you're sending Monero to will be using a mixin value, then there is no need to make this decision at all. It's all your choice though.

Additionally, your wallet creates a view key when you create a new wallet. It is not capable of deriving this key from your wallet address, and it is not stored on the blockchain, but is published only once the very first time you create a wallet. If this view key is shared with a third party, it will give them the ability to observe both the wallet addresses you sent money to as well as the actual amount of the transaction. The third party does not have the ability to control the funds in the wallet, however. The wallet does not currently have the tooling incorporated to allow this functionality to be used by regular users, but mymonero.com does use this functionality in providing you a web wallet. The tooling will be included in the standard user wallet in the future.

Finally, a standard transaction will allow a transaction ID to be added to every transaction. This data can be used for anything, or nothing at all. For example, it can be used to provide tracking between you and another person without the use of the view key.

So, as far as 'fully anonymous' goes, I would say that is only a part of Monero, and not the entire deal.

I made a post about how the two technologies work together here: https://bitcointalksearch.org/topic/m.10001278.

If both sides (sender and receiver) use stealth addresses, this means that Monero is fully anonymous right?

Very nice way of illustrating the idea.

Both sender and receiver use stealth addresses as one time addresses on the blockchain:



So, if I were to pay the developer team 50 XMR, looking at the blockchain one would only be able to determine: ______ gave ______ exactly ______ XMR.

Looking at your IP address and the blockchain, one would only be able to determine (at best): You ______ ______ exactly ______ XMR.

Looking at their IP address and the blockchain, one would only be able to determine (at best): ______ ______ them exactly ______ XMR.

If both parties are using I2PD and someone is looking at your ip's and the blockchain (at best): ______ ______ ______ ______ ______ ______.

Which party uses stealth addresses? Money sender or money receiver? Or both?

Monero doesn't guarantee 100% anonymity.

It's about the same as guessing which penny is yours, if someone's taking a penny out of a cash register at the end of the day .. only with Monero you'd be guessing which penny was yours from all pennies that ever were spent. In this sense, the penny is not traceable to you.

Additionally, every transaction uses stealth addresses .. so in addition to not being able to trace the penny, nobody can even be sure that you spent a penny at all. Your transaction of 1 XMR can look like 10 XMR or something else on the blockchain. So the penny is not linkable to the even another subset of pennies.

This functionality is both native and fully implemented, using both ring signatures and stealth addresses.

Monero guarantees untraceability and unlinkability.

TOR is not implemented, and won't be. I2PD will be implemented because it serves the same efforts as TOR, but on a more p2p level, rather than relying on servers.

How does BitcoinDark compare to CryptoNote?