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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1251. (Read 4670643 times)

hero member
Activity: 560
Merit: 500
Quote
that what if the cryptonote stuff was designed by a three letter agency and they happen to have the key to unmasking each and every transaction on chain. Oh lordy.

Seeing as it's open source and uses a standard elliptic curve, no.
sr. member
Activity: 350
Merit: 250
I just saw this on reddit: https://www.reddit.com/r/Bitcoin/comments/2o5ghz/blockchaininfo_becomes_the_second_website_after/

I think its a good idea Monero get this certificate for mymonero and have it running on a Tor network, I know Tor is not perfect but still very used.
legendary
Activity: 1092
Merit: 1000
Nicely summarized.. imho masternode thing in itself is a horrendous idea.. the infrastructure will become so centralized that it will be so easy to undermine it. Possibilities are endless: buy up several nodes and inject harmful traffic, ddos, bloat the channels, become a trojan horse to snoop, confuse and etc.. Its going to be prone to so many issues in future that they will keep coming up with band aids.. either drk devs have genuine interests but living in ivory tower or this is a masterfully done project to milk average joe as much as possible..

I ask readers to embrace newcomers with patience. Put yourself in the position of one who never followed altcoins and never wanted anything to do with altcoins. Learning about the Cryptonote family alone and its long, varied history is almost overwhelming.
I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr

I think you should exercise a little humility, I don’t think underestimating other approaches to solving the same problem is the best way to go about it. What if the Masternode network grows to be strong and stable contrary to your assumptions? What if the Darkcoin developers are as talented as any Monero developer? What if a network effect is created by the concept of incentivized node operation that can provide multiple services to the network? Privacy is only one of the services provided by the masternode network, there is already instant transaction confirmations being tested.

I don’t think everybody in this community shares the aggressive attitude towards other projects that are not even competing with you. I have a very high opinion of Smooth and other Monero developers I like their professional approach maybe you guys should follow his example. With regards to marketing, a better approach would be to market XMR strengths rather than trying to project a negative perception of other projects. It would be more intelligent to hedge your investment and buy some DRK, just in case it surprises you, and the same applies the other way around.



legendary
Activity: 3766
Merit: 5146
Whimsical Pants
Or is it maybe login key (word sequence) enough to recover whole wallet ? Can I start simplewallet with those as starting arguments?

In theory the login (seed words) should be enough to recover the whole wallet (once the shorter seed format is fixed), but printing out the whole page and storing it in a safe place is a good idea anyway.



Just be sure to properly dispose of printers with HDD.



A video tutorial on how:
https://www.youtube.com/watch?v=fjsSr3z5nVk
legendary
Activity: 2268
Merit: 1141
I think it's best to wait with marketing before we have all core features implemented and working.

I wonder if it's not overoptimistic: it seems we expect people to flock en masse just because "some marketing"...
The marketing that is synonym to education to a larger community shouldn't be increased by now?


What I meant is agressive marketing/promoting/advertising, we should wait with that till the core features are finished. We can't promote XMR to the darknetmarkets or betting sites without decent core features. I agree with your second point, that we should increase that and educate people about ringsignatures and the privacy monero provides.

In case you are waiting for the missives and missed fluffypony's statement, I will just leave it here again.

Hi guys - just a quick update, we had the Missive up earlier on forum.monero.cc, but pulled it down because of a breaking bug in the Windows 0.8.8.5 builds (OS X, Linux, and FreeBSD are all fine). We're diagnosing and fixing, and will be putting it back up as soon as it's fixed:)
hero member
Activity: 532
Merit: 500
3 letter agencies can just conficaste them from an exchange/orwherever or they just tell the hosters to give you access anyway. No need to buy coins.
It's the exact problem the most people here dislike proof of stake. It's so to say a PoS system.

Quote
I could easily go on about conspiracy theories as well--that what if the cryptonote stuff was designed by a three letter agency and they happen to have the key to unmasking each and every transaction on chain.

Thats why it got reviewed.




Now back to topic.

legendary
Activity: 1442
Merit: 1018
Nicely summarized.. imho masternode thing in itself is a horrendous idea.. the infrastructure will become so centralized that it will be so easy to undermine it. Possibilities are endless: buy up several nodes and inject harmful traffic, ddos, bloat the channels, become a trojan horse to snoop, confuse and etc.. Its going to be prone to so many issues in future that they will keep coming up with band aids.. either drk devs have genuine interests but living in ivory tower or this is a masterfully done project to milk average joe as much as possible..

I ask readers to embrace newcomers with patience. Put yourself in the position of one who never followed altcoins and never wanted anything to do with altcoins. Learning about the Cryptonote family alone and its long, varied history is almost overwhelming.
I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr

Ah yes, a person would willingly buy 7000 coins open market and try to destroy the coin (and their investment) in the process. Besides the fact the orderbook is thin as is (still a drop in the bucket for three letter agencies), your 7 masternodes would account for .005% of the network. Good luck getting selected round after round to do any sort of snooping. Further, I'd love to hear your theories on injecting harmful traffic, bloating channels, confusing the network etc on such a small percentage. I could easily go on about conspiracy theories as well--that what if the cryptonote stuff was designed by a three letter agency and they happen to have the key to unmasking each and every transaction on chain. Oh lordy.
hero member
Activity: 833
Merit: 1001
Nicely summarized.. imho masternode thing in itself is a horrendous idea.. the infrastructure will become so centralized that it will be so easy to undermine it. Possibilities are endless: buy up several nodes and inject harmful traffic, ddos, bloat the channels, become a trojan horse to snoop, confuse and etc.. Its going to be prone to so many issues in future that they will keep coming up with band aids.. either drk devs have genuine interests but living in ivory tower or this is a masterfully done project to milk average joe as much as possible..

I ask readers to embrace newcomers with patience. Put yourself in the position of one who never followed altcoins and never wanted anything to do with altcoins. Learning about the Cryptonote family alone and its long, varied history is almost overwhelming.
I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr
legendary
Activity: 1245
Merit: 1004
Monero's fungibility is higher than Bitcoin (fungibility: lack of way to tell one unit from another - dioxygen is fungible, for instance). Monero is even more fungible than coins, actually (DNA traces on coins, not on Monero) Smiley
(the last sentence, albeit true, is tongue-in-cheek)
You can wash up dna trails, and usually there is a fair amount of random dna background noise on any coin that travelled some way. I am more thinking about why Goldfinger had that laser cutter beam and was always melting up his gold after transport, something you cannot do to Bullion coins due to acute myocardial infarction risks. Especially true for the proof Krugerrands.
Probably due to the thread of marker dopant inside the material. (the last sentence, albeit true, is tongue-in-cheek because of rather absurd James Bond drama levels)
Quote
In semiconductor production, doping intentionally introduces impurities into an extremely pure (also referred to as intrinsic) semiconductor for the purpose of modulating its electrical properties.
hero member
Activity: 658
Merit: 503
Monero Core Team
I tried to provide an useful comparison/explanation on the state of anon coins. I hope you'll have as much pleasure reading as I had writing it.
http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr
U guys should be trying to compare Monero to DogeCoinDark not DarkCoin AnonCoin or ShadowCash.
Did you read the question I replied to?
I got some time to read more about Cryptonote and its origins and oh boy what a rollercoster... I can't the math but the concept seems superior to Bitcoin if "e-cash" is the goal.
I market it as "true electronic cash" (Bitcoin being "fake electronic cash" although I never dub Bitcoin this, PR-wise it would be terrible).
Why true electronic cash? Because cash in its ideal form (coins, not banknotes) has no way of being traced. No tracking like debit card/Bitcoin, no serial numbers like banknotes... Because Thank to this, as binaryFate mentions it, Monero's fungibility is higher than Bitcoin (fungibility: lack of way to tell one unit from another - dioxygen is fungible, for instance). Monero is even more fungible than coins, actually (DNA traces on coins, not on Monero) Smiley
(the last sentence, albeit true, is tongue-in-cheek)
legendary
Activity: 1512
Merit: 1012
Still wild and free
I got some time to read more about Cryptonote and its origins and oh boy what a rollercoster... I can't the math but the concept seems superior to Bitcoin if "e-cash" is the goal.

Exactly! (see my sig) Smiley
sr. member
Activity: 350
Merit: 250
I got some time to read more about Cryptonote and its origins and oh boy what a rollercoster... I can't the math but the concept seems superior to Bitcoin if "e-cash" is the goal.
legendary
Activity: 1428
Merit: 1001
getmonero.org
Illodin you can stop quoting Bitcoinexpress non-sense, as the account is bought by ex bbr community manager and supernet scammer Windjc.

People are often saying things as if they were facts when in fact (lol) they are not. Not saying this is the case in your case (lol), but if you could explain further why you think this way that would be great as I'm not up to speed with supernet scamming(?) and Windjc account purchasing.

First of all, why do YOU think what BCX says is a fact? Last time i checked he said he would have destroyed monero like 2  months ago. lol.
hero member
Activity: 532
Merit: 500
Quote


Why do u think he drags his archenemy risto into the bullshit on the DRK thread?
hero member
Activity: 966
Merit: 1003
Illodin you can stop quoting Bitcoinexpress non-sense, as the account is bought by ex bbr community manager and supernet scammer Windjc.

People are often saying things as if they were facts when in fact (lol) they are not. Not saying this is the case in your case (lol), but if you could explain further why you think this way that would be great as I'm not up to speed with supernet scamming(?) and Windjc account purchasing.
hero member
Activity: 532
Merit: 500
Illodin you can stop quoting Bitcoinexpress non-sense, as the account is bought by ex bbr community manager and supernet scammer Windjc.

sr. member
Activity: 350
Merit: 250
Marketing is more then needed. Not now, it's yesterday!
Slow dev's  Undecided

Didn't you see it, marketing has started already:

https://i.imgur.com/evtcybH.gif

http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr

I think dark market arrests are good for Monero.  Ideally, I would like to see someone arrested on the basis of unwinding DRK xns.  Any volunteers?

My current deal with Monero ends on December 20th as we came to an agreement for 60 days of BCX free Monero.

They have however offered a proposition for DRK but I wanted to find out about it first.

I think they feel that DRK is why they are steadily falling week over week.



finally is all I can say, ppl need to know how superior is Monero to other "anonymous" coin Smiley
full member
Activity: 243
Merit: 125

Good gif video & clear explanation on contemporary state of cryptocurrency anonymizing technologies!

What about schedule on Monero missives? Are they still positioned to be released on Monday?
legendary
Activity: 1106
Merit: 1000
Marketing is more then needed. Not now, it's yesterday!
Slow dev's  Undecided


Each XMR holder should be a XMR marketer. If you don't act yourself to protect your investment, you fail. If you can code, please contribute to the project
hero member
Activity: 966
Merit: 1003
Marketing is more then needed. Not now, it's yesterday!
Slow dev's  Undecided

Didn't you see it, marketing has started already:

https://i.imgur.com/evtcybH.gif

http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/cmh5ekr

I think dark market arrests are good for Monero.  Ideally, I would like to see someone arrested on the basis of unwinding DRK xns.  Any volunteers?

My current deal with Monero ends on December 20th as we came to an agreement for 60 days of BCX free Monero.

They have however offered a proposition for DRK but I wanted to find out about it first.

I think they feel that DRK is why they are steadily falling week over week.

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