Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1540. (Read 4671910 times)

Got my 750Tis up to around 310H/s: https://ottrbutt.com/tmp/xmrwolf1750ti.png

You can open one here

https://moneroforum.org/

Ah okay. If we decide on a clear charter to be enforced I will be happy to open a moderated one.

Ah okay. If we decide on a clear charter to be enforced I will be happy to open a moderated one.

I believe it was due to some critical level of trolling. The thread wasn't self-moderated.

I'm curious why it was closed.

Could it be possible to reopen the XMR speculation thread or make a new one? I really miss the forecasts there. (I could do it myself you may say but I rather let some known member of this forum, with a good trust level, moderate it).

I'll happily maintain it, as long as it doesn't annoy the actual Monero team. I started it with a view to building the knowns into a bit of a roadmap and maybe some graphical flow for the overall reported progress. But as you see there is a super huge amount of information there so its hard to get it all into another more visual format.

Beautiful! Thank you for doing this. It would be nice, if you could continue updating the list. Maybe every month make a new post with all the older posts included + all new missives, though it is just an idea

I'll buy you a nice box of cigars if you're right.   Maybe some Siglo VI?  To your taste?

May sound repetitious, but I really feel that Monero is the Bitcoin of 2010.

The anonymity set is more reduced than that. Let me give you an example: say you want to transfer 123.456 Bitcoin. No matter what method you use, if someone can observe you sent 123.456 Bitcoin from your address and 123.456 Bitcoin appeared in another address within an hour or two they can make certain conclusions. These inferences can be cryptographically proven, and this is called "reducing the anonymity set". Eventually the anonymity set can be reduced to the point where you can ascertain undoubtedly prove a certain address sent a transaction regardless of the intermingling and intermixing that occurred.

Now in order to make this really difficult, you have to start with a VERY large anonymity set. In other words, there need to be to very many people potentially involved in a transaction that any reduction is practically meaningless. Mixing typically requires point-in-time availability of people or nodes, and the higher the mix the longer it takes (since you have to go through "rounds" of mixing). Darkcoin gets around this, I believe, by "premixing" your coins. The downside to their approach (and to most of the other approaches I've seen) is that you have massive address churn in your wallet, and any practical use will require you to back your wallet.dat up constantly. Secure and anonymous cold storage is thus observable to anyone with a blockchain explorer (when it really shouldn't be).

One of the solutions Monero and other mixing systems employ to blind amount correlation is it splits inputs (and outputs) by powers of 10, so the earlier example would mean inputs of 100, 20, 3, 0.4, 0.05, and 0.006. Now because of the way Monero works (ring signatures!) you specify you want to mix with, say, 50 other people. So it takes that first input (100) and goes and finds all the unspent transaction outputs (ie. those not spent with a mixin of 0) that have ever occurred in the past and have a value of 100. As you can imagine, this is a pretty huge set, and is growing every day. It can then pick 50 of those at random, add your signature to the ring, and voila. Now it does the same for the other 5 inputs. This means that the total anonymity set here is massive - 51 * 6 = 306 people that could have possibly been involved in the transaction. Most importantly, because all of these are stealthed transactions (Monero uses stealth addresses permanently) some of those outputs you mix with could even have been created by you previously! Thus the potential anonymity set grows and grows even if the userbase stays stagnant - a feature that is not shared by any of the Bitcoin-derived anonymity solutions.

Finally, because Monero uses stealth addresses, you never need to backup anything more than a 300 byte password-encrypted keys file (or just write down the 24 word mnemonic seed you get when you first create a wallet). That 300 byte file will never change no matter how many transactions you do. You back it up once and you are safe from data loss forever.

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