Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1550. (Read 4671920 times)

Philippines here..the site is good..using firefox here

I think the wallet/account MUST be "familiar and easy to use"  ..
The simpler the better ..
I'm in that "wider population non-technical user" demographic ..
I'm in my 60's, somewhat computer literate, willing to try and learn  ..

That said, the "key" imho to mass adoption of any crypto is going to
be 100% on the ease of useablility/security/functinality of the wallet/account ..

Please consider the NXT brain wallet as a potential wallet/account to model after ..
It has several attractive features ..

1) Wallet is not resident on my local PC or other computing device
( this is huge as I don't have to worry about hard drive crashes/
local viruses stealing coins/ lost wallet.dat files/ me making mistakes etc etc

2) the wallet/client features  a 'one click' download and self extraction process
for intial setup and periodic upgrades/updates ( see nxtra.org )

3) All security features I've come across with crypto are focused on thwarting
access to one's wallet/account .. BUT .. and this is key ... nothing ( that I've seen ) to
authorize a "withdrawal" before it occurs .. ie If someone successfully hacks your
wallet/account the 'deed is done' and your coins are gone .. That 'withdrawal
authorization' step needs to be there ( from within the wallet/account )

If you technical types/developers can produce a wallet/account that's as
intuitive to use as the typical online brokerage  account or online banking
account that most of my contemporaries are familiar with ..
Then that coin wins ..

Thanks for listening ..

Triff ..

Its nice to see with all the rest of the crypto slump going.

I've made a couple little lucky trades in and out of these big buys...  I love action.

how about that candle

But you can't clone coins

Seems a logical continuation of the policy of presenting a familiar frame of reference to "new to crypto" users to me, their "bank" is Monero and so naturally their "account" is identified by a "number".

More generally speaking there can be a downside to making things appear too familiar and easy to use, counter-intuitive as that may sound. Having written a few "idiots guide to..." for this sort of thing the biggest challenge is usually explaining the security side of things in simple/familiar terms, because most of the procedures experienced users might consider basic security don't have real world examples; e.g. "somebody cloned your credit card and spent your money without permission? Never mind, we'll reimburse you." doesnt happen with cryptocurrency.

Private key is your password.

EDIT: Sorry, i see now i may have misunderstood your post. Its confusing for the users, not an actual question.

I just reread the recent posts about wallet vs account and didn't see possible terminology for addresses mentioned.  Did I miss it?

One thing that I have seen confuse people with using btc is, what exactly is a private key and what do they do with it?  Public keys being addresses/accounts seem straight forward to them.

fulffypony: While I generally agree with the use of 'account' replacing 'wallet', I'd like to offer a suggestion to the team's consideration:

Wallet -> Account
Address -> Account Number (or Account ID, or something in those lines)

For people unfamiliar with crypto currencies in general, the function/meaning of "address" finds it's obvious counterpart in the traditional monetary systems, in the expression "account number" (unless there's some other expression that eludes me). I think this particular understanding is vital in making the shift to "account" successful.

This would be a brief, yet sensible description, that integrates both terms:
Creating an account in the P2P Monero network, is the process of generating a Monero account number, under the control of an individual's private key (or seed?).

PS1: I think that there's some conflating the everyday use of 'wallet' as the "location/resource/data that holds funds for an individual", and the use of 'wallet' as the "piece of software that an individual uses to manage/operate on his funds". Is there a name yet for the new GUI, the upcoming Monero Client? (/hint /suggestion)

PS2: I struggled to express my thoughts concerning the terminology, hope this makes enough sense to spark some discussion, or perhaps feedback from any of the (many) brighter minds in this community.

And now that you've doomed my "monujo.com" domain worthless, I'll let it go for 3 Moneros, any takers? 2 Moneros? 1 Monero? Hell No!
Cheers,
~ Myagui
 

As traders and trodlers know, sometimes the handling of Monero seems to be a bit special for exchanges and users. Forgotten payment-id, blockchain not syncronized etc. are every-day-events, as I know, because most of my own trading is with Moneros.

Then you need support and find that there are large differences in the quality of support. This has motivated me to open a thread "quality comparison of the exchanges' support":

https://bitcointalksearch.org/topic/quality-comparison-of-the-exchanges-support-743446

I want to invite all of you to report your experiences with the support of whatever exchange you are using, as a helpful support for other users and - hopefully - inspiration for the exchanges to improve their support.

i guess its unlucky timing with the bitcoin drop aswell, the release seems to be fine except some minor updates which followed.
release got delayed often there is a lack of confidence i think,
basically almost all coins are down so its maybe not up to the release

What does everyone think about whats happening with drk right now

If i'm not mistaken this is like the fourth or fifth time their dev team has failed to produce, seems like market cap is getting raped...

Do you guys think some of the value being taken from dark coin will move into monero?

If you couldn't use your coins it is likely because you were doing something wrong, or NOT doing something right.

The answer to your question though, lies within your definition of "secure"
In terms of network hash rate, no, there are other coins with higher hash rates and thus more difficult to perform a 51%
In terms of being safe from prying eyes, yes, this coin is absolutely the most secure.

hi
 is this coin still the most secure coin out there?

last time i could not even use my own coins..

Sweet. Playing around with the interface now, I love how different it is from the vanilla Bitcoin-Qt. It reminds me of Ableton Live UI, which is cool.

I donated another 100 XMR for your hard work!

is this the future gui wallet account?

https://github.com/Neozaru/bitmonero-qt

it builds fine under linux but it never ends importing the existing wallet account...
sorry but i can't wait

Nioc linked you in, but just to reiterate - the initial abstraction effort was here: https://github.com/tewinget/bitmonero/tree/blockchain, and then about a month ago we moved from abstraction to refactoring and further abstraction, which is here: https://github.com/tewinget/bitmonero/tree/bc2. It's a lot of work that requires an incredible amount of discussion before something is done so that we cater for edge-cases. Incredibly painful, but we're getting there:)

Try download it again - the OS X build with the static libs has been uploaded. Now I'm fighting through the Windows equivalent...and then on to Linux!

I don't know if this is what you were looking for.


It was discussed in the Fireside Chat.  I watched the whole thing even though I haven't a clue. 
The Cluless Masses®.

Agree 100%. Design for grandma, and all will be well.

Really nice job overall with the product direction.

One question about the database work. Wasn't that supposed to have started about two months ago? Any progress?