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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1486. (Read 4670622 times)

legendary
Activity: 3766
Merit: 5146
Whimsical Pants
Everybody knows that Dingleberry (BBR) is crap.

Stop it.

Yes, please.

Trolls are gonna troll.  But if you are just a supporter who favors one coin.  STAY OUT of their game.
legendary
Activity: 1484
Merit: 1005
... kind of begs for a comment from the dev team.

I agree that the C in the codebase in insane and dangerous. In the least, we need to refactor to C++ and comment the code.
legendary
Activity: 2968
Merit: 1198




... kind of begs for a comment from the dev team.

At a high level there is a lot of merit in it. At the level of actual development, doing that would be a tremendous effort. We're not pursing that course at the present time, but we are always open to input (abrasive or otherwise) and we are also definitely open to dropping some of the parts that don't work well and redesigning them or replacing them with something better. In fact we have done some of that already.

donator
Activity: 1722
Merit: 1036
I was trying to be helpful. Clearly, I wasn't.

Clearly my views and investment are not welcome.

The thread is 670 pages long, and most of it is repeating the same unfounded criticisms over and over again by accounts that have been created during the short history of Monero, and whose posting history includes nothing constructive.

Since your post fell into this category, the answers by one of the core developers, in the day of intense fighting against an attack made possible by (B)CN scamdevs, may sound terse.
legendary
Activity: 2324
Merit: 1125
I would have thought that Peter Todd (previously a core bitcoin dev) would have enough on his plate as he recently (few weeks ago) joined the Viacoin dev team.

We had already talked to Peter about consulting for us before that. He does various consulting work, especially open source projects. He explained on reddit (go find it if you care) that one of his consulting clients happens to be Viacoin, and he didn't even know much about what they are doing. In typical pump-and-dump fashion, Viacoin quickly turned that consulting gig into him being their "chief scientist" and promptly put out a slicked up press release about it.

In short you are reading too much into it, and for what its worth we won't be wasting any of our donation money writing press releases and trying to promote a consulting gig as something more than what it is.



Alright, makes sense. That's not really the question that's on my mind though.

The abrasive style aside (I can even see some virtue in that), this...





... kind of begs for a comment from the dev team.

TBH the alternative code base (although it's likely weaker in quality) is a large factor in my investment. Redundancy is very very nice Smiley
legendary
Activity: 2534
Merit: 1129
I would have thought that Peter Todd (previously a core bitcoin dev) would have enough on his plate as he recently (few weeks ago) joined the Viacoin dev team.

We had already talked to Peter about consulting for us before that. He does various consulting work, especially open source projects. He explained on reddit (go find it if you care) that one of his consulting clients happens to be Viacoin, and he didn't even know much about what they are doing. In typical pump-and-dump fashion, Viacoin quickly turned that consulting gig into him being their "chief scientist" and promptly put out a slicked up press release about it.

In short you are reading too much into it, and for what its worth we won't be wasting any of our donation money writing press releases and trying to promote a consulting gig as something more than what it is.



Thanks for setting it straight.
legendary
Activity: 1154
Merit: 1001
Is it safe to mine or should we wait for a fix to come out first?

It is perfectly safe to mine, as long as you pick a pool that is running on the right chain. I know that Dwarfpool is on the right chain, but about now, probably all pools are... To be on the safe size, you should check on IRC if your usual pool is on the right chain or not (or post the pool name here if you're not into the IRC thing).

Cheers,
~ Myagui
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
I was trying to be helpful. Clearly, I wasn't.

Thank you for trying.  It would be nice if you could decide how to improve your helping skills, and then try again.

Quote
Clearly my views and investment are not welcome.

Those who respond to your post are trying to correct defects in your views.  If they are not corrected, you are likely to injure yourself and others.  Please don't interpret that as meaning you should go away.  Try to incorporate the valid parts of the criticism into your thinking, and reject the invalid parts.  Some things taste bad because they are poison.  Some things taste bad because they are medicine.  This is not a candy store.  You are welcome, but if you wish to divest, we are also happy to accept your monero into a more nurturing home.
sr. member
Activity: 263
Merit: 250

boiled down it is simple, if you (we) don't believe that a majority is able to make meaningful decisions, based on common sense we are doomed anyway, no matter what tech we are inventing/using.
stating that a blockchain should be always immutable is an indicator for the need to pass/deny decisions/responsibilty to another kind of centralized leadership, in this case, the swap to the blockchain.

i will stop here, because i don't want to derail this thread but i am very interested how this social experiment will evolve over time and if people understand they can't have both.


I agree with you. I believe you also agree that "centralized leadership" means fundamentally different things when applied to a blockchain or a central bank? One should also not forget that participation is voluntary.

As an aside you might or might not be interested in, majority as a function on boolean vectors returning a boolean also has a number of algebraic properties that make it interesting. In short, imagine you had a number of agents, voting yes/no for some arbitrary binary question. You need to construct a family of functions (from {0,1}^n for all n, to {0,1}) to aggregate votes into a group decision. You can practically invent any function you want. For example, a full dictatorship would be a family of projections f(x1, x2, ...) = x1 which always choose whatever x1 chose. Majority is another such family of functions. It has the advantages that is symmetrical in agents (each agent contributes in the exact same way a priori of other votes), symmetrical in range(*) (labeling all yes to no and vice versa does not change the function in any way), monotonic (changing any votes from yes to no cannot change a no outcome to a yes outcome), and some other more abstract properties. It is also interesting that from a computational complexity point of view, it is a counter-intuitively complex function to compute. One of the most celebrated results is that it is not in class AC0 (more or less the simplest computation class that people are interested in - http://en.wikipedia.org/wiki/AC0).

(*) this is not always desirable, and you can use super-majority in that case
legendary
Activity: 1470
Merit: 1007
I would have thought that Peter Todd (previously a core bitcoin dev) would have enough on his plate as he recently (few weeks ago) joined the Viacoin dev team.

We had already talked to Peter about consulting for us before that. He does various consulting work, especially open source projects. He explained on reddit (go find it if you care) that one of his consulting clients happens to be Viacoin, and he didn't even know much about what they are doing. In typical pump-and-dump fashion, Viacoin quickly turned that consulting gig into him being their "chief scientist" and promptly put out a slicked up press release about it.

In short you are reading too much into it, and for what its worth we won't be wasting any of our donation money writing press releases and trying to promote a consulting gig as something more than what it is.



Alright, makes sense. That's not really the question that's on my mind though.

The abrasive style aside (I can even see some virtue in that), this...





... kind of begs for a comment from the dev team.
full member
Activity: 333
Merit: 100
Is it safe to mine or should we wait for a fix to come out first?
legendary
Activity: 2968
Merit: 1198
I would have thought that Peter Todd (previously a core bitcoin dev) would have enough on his plate as he recently (few weeks ago) joined the Viacoin dev team.

We had already talked to Peter about consulting for us before that. He does various consulting work, especially open source projects. He explained on reddit (go find it if you care) that one of his consulting clients happens to be Viacoin, and he didn't even know much about what they are doing. In typical pump-and-dump fashion, Viacoin quickly turned that consulting gig into him being their "chief scientist" and promptly put out a slicked up press release about it.

In short you are reading too much into it, and for what its worth we won't be wasting any of our donation money writing press releases and trying to promote a consulting gig as something more than what it is.

sr. member
Activity: 784
Merit: 272
If you want to be taken seriously (I have no idea) then you need to educate yourself at least a little about the history and status of this project.

1. We have always described it as alpha-quality software. Perhaps some day we will promote that to beta-quality.

2. We took over the project, which was a fork of a promising coin with a fraudulent hidden premine. It turns out that they guy who did the fork was probably in collusion with the original group of scammers. The project only became anything other than a scam when a bunch of interested people from the community decided that despite the mess there was enough promise here to take it and run with it. If any of this makes you uncomfortable, this is most certainly not the coin for you.

3. I don't give a fuck about pandering to investors. They are free to speculate or short terms swings or to invest in the long term possibility that we are able to develop this project to something much greater than it is today. You are also perfectly free to do neither.

Have a nice day.



1) Can you already rule out that the same (or similar) attack can be mounted again?

2) Can you already rule out conclusively that no lasting damage was done (as in: according to the pre-attack ownership situation)? Any chance that some subtle damage was done that'll be discovered only later?

I'll answer both at the same time. This particular attack can't be mounted again. We haven't pushed out the official fix yet, but exploit it requires growing the blocks sizes, which takes time. We'd never let that happen. The full fix will be out soon. This hole is plugged.

Any software can have vulnerabilities and exploits. This is exacerbated by the fact that we got the code from a bunch of lying scammers who despite that character flaw, happen to have some talent when it comes to cryptography and to a lesser extent coding. We are reviewing the code and paying qualified people to review the code in order to identify and correct problems to the greatest extent possible. Further we will be restructuring, refactoring, and/or replacing some of the code in order to further increase its robustness and trustworthiness (removing obfuscation for example).


I think you need to take a break. You are unintentionally saying stupid things.

Quote
This particular attack can't be mounted again.

Implies - so other attacks are still possible?


Quote
Any software can have vulnerabilities and exploits.

Implies - don't trust Monero with your anonymity just yet.


Quote
we got the code from a bunch of lying scammers who despite that character flaw, happen to have some talent when it comes to cryptography and to a lesser extent coding.

Where do you start with this statement.

Implies

- We didn't have the technical skill in the first place, so we are just using anything we could find
- Quality assurance in the code was never a priority

Quote
We are reviewing the code and paying qualified people to review the code in order to identify and correct problems

Implies - We haven't got a clue. So we are paying for temporary help.

Get some sleep. For investors, this sort of loose talk, from someone that is an established part of the team, gives zero confidence in the project.

I was trying to be helpful. Clearly, I wasn't.

Clearly my views and investment are not welcome.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Well, Peter Todd was right.  It's politically incorrect, but he's not known for tact and charm.  He's known for creative technical solutions.

And frankly, if IBM were doing its accounting with crayons and monkeys, and you didn't inform the stakeholders, you'd be very irresponsible.
legendary
Activity: 1512
Merit: 1012
Still wild and free
Anyway, I never realized there was something about the cryptonote (CN?) outfit itself that is fishy. they seemed pretty corporate to me, but never did quite understand their biz model. Is there some URL with specific info on what sorts of things they have done?

If you are not aware of the full story, you'll have some fun! It would work perfect as a movie:
https://bitcointalksearch.org/topic/blowing-the-lid-off-the-cryptonotebytecoin-scam-with-the-exception-of-monero-740112

EFS
staff
Activity: 3822
Merit: 2123
Crypto Swap Exchange
I don't know who Peter Todd is but if he was HIRED to be a consultant for Monero it is really really unprofessional for him to be publicly defaming the code on twitter before privately giving his input to the devs. In the corporate world if say IBM were having some issues with their books and hired an outside accounting firm to come audit and straighten things out, then said firm went on twitter and publicly went "Hoo Boy! It's amazing IBM functions at all considering they basically use monkeys with crayons to do their accounting!" That would not fly and would immediately tank the price of the stock. When people have money on the line, why would this guy be publicly slandering the code when he has been hired as a consultant???

This is a reasonable question. Perhaps ask Peter Todd?

I'd like to hear that, too. I hope Peter Todd will answer in this thread.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Am I not entitled to hold a number of coins at the same time? First rule of investing is: don't put all your eggs in one basket.

As an Monero investor for some time, am I not allowed to say what I think?

First rule of investing is not to invest in something you are incapable of understanding.  Warren Buffett tells us that diversification is needful for those incompetent to discriminate good investments from bad.

No one is allowing or disallowing.  Honest constructive people observe that you are acting like an idiot or a scoundrel.  If you continue, then you are also incorrigible.

full member
Activity: 133
Merit: 100
Implies - We haven't got a clue. So we are paying for temporary help.

Get some sleep. For investors, this sort of loose talk, from someone that is an established part of the team, gives zero confidence in the project.

Real investors have already stated their confidence are at all times high with the Monero project, who do you think people are going to hear.

now go back to your darkcoin thread Smiley

Am I not entitled to hold a number of coins at the same time? First rule of investing is: don't put all your eggs in one basket.

As an Monero investor for some time, am I not allowed to say what I think?


Because rule #1 of crypto investing is don't treat the devs like they are corporate management and you are shareholder.

The devs owe you nothing. This is open sourced software provided free for you to use (or not use). They are not selling you a product, you are not investing in a company. They simply provide the software "as is" for people to use.
member
Activity: 99
Merit: 10
XMR is the future.
legendary
Activity: 1176
Merit: 1134
Oh well price will obviously fall. Price will obviously come back. The time frame that this will happen is unclear. One things is sure. Panic sellers and panic buyers will lose...

I believe that MP and the XMR markets on Poloniex have operated continuously with no substantive price movement.  The moonshot may resume uninterrupted.

Mintpal price is about 0.00415 now, HitBTC was frozen at 0.00380 after some had dumped on low volume (2,500 XMR) at the last moment.

All I ask is that the most reputable and highest-volume exchange, Poloniex, would:
- announce the resumption of trading at least 1 hour in advance;
- allow traders to enter orders during this time;
- arrange a market-clearing procedure at the moment when the trading starts, so that the existing bids and asks that coincide, would be matched with each other at the midprice that clears all of them, to not favor sellers or buyers.

Nice plan! Kind of like the opening of stock market. Not sure polo could implement this in short time, unless their new trading engine has this option.

I am impressed with the quick fix under pressure. Should I let bter know XMR can be unfrozen? I think their volumes are pretty low and so probably dont need to worry about clearing price. I dont know how long it will take for them to resume trading, but I have frequent contact with freeworm.

Anyway, I never realized there was something about the cryptonote (CN?) outfit itself that is fishy. they seemed pretty corporate to me, but never did quite understand their biz model. Is there some URL with specific info on what sorts of things they have done?

I did my best to rally support during this crisis, not sure if I helped much, but at least I tried.
I am very happy to see the XMR devs are urging harmony between the two communities. Kudos to tacotime for just knowing where the bug is! Clearly shows he knows the codebase very well to have such intuitions.

James
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