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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1633. (Read 4670972 times)

member
Activity: 119
Merit: 10
Dear Monero devs, please answer this stuff.

My English is not well to understand what does AnonyMint speak about. I just feel, he sheds light on possible fundamental vulnerability that says unlinkability is not compatible with longest chain rule of proof-of-work. I may mistake.

Key images are a unique property of the CryptoNote protocol that prevent double spends.

To quote gmaxwell and andytoshi, one of which is a core Bitcoin developer and the other is someone who truly understands both mathematics and cryptography:

Quote
Double-spending is prevented using a so-called "key image", a novel feature of BRS. The key image is a component of a BRS signature which is determined entirely by the private key used to produce the signature. This means that two signatures which use the same private key, i.e. which try to spend the same coin twice, will have the same key image. Thus preventing double-spending is as easy as ensuring that the same key image never appears twice. (On the other hand, the key image cannot be inverted to obtain the original private key; thus in the absense of double-spending attempts it cannot be used to deanonymize the signature.)

That is the end of this discussion, and I would suggest we not get caught up in random and nonsensical panic attacks just because someone claims a particular flaw exists when it doesn't.

Thank you very much for answer, fluffypony;
smooth, could you add this to FAQ too, as you are likely a thread owner?
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Dear Monero devs, please answer this stuff.

My English is not well to understand what does AnonyMint speak about. I just feel, he sheds light on possible fundamental vulnerability that says unlinkability is not compatible with longest chain rule of proof-of-work. I may mistake.

Key images are a unique property of the CryptoNote protocol that prevent double spends.

To quote gmaxwell and andytoshi, one of which is a core Bitcoin developer and the other is someone who truly understands both mathematics and cryptography:

Quote
Double-spending is prevented using a so-called "key image", a novel feature of BRS. The key image is a component of a BRS signature which is determined entirely by the private key used to produce the signature. This means that two signatures which use the same private key, i.e. which try to spend the same coin twice, will have the same key image. Thus preventing double-spending is as easy as ensuring that the same key image never appears twice. (On the other hand, the key image cannot be inverted to obtain the original private key; thus in the absense of double-spending attempts it cannot be used to deanonymize the signature.)

That is the end of this discussion, and I would suggest we not get caught up in random and nonsensical panic attacks just because someone claims a particular flaw exists when it doesn't.
legendary
Activity: 2968
Merit: 1198
This may have already been covered, but has anyone addressed the problem that AnonyMint has brought up? He seems like a very smart guy, and this should be worth looking into.

This is very preliminary, but it appears to me that all anonymous coins based on unlinkability will not be able to solve the very serious double-spend threat.

If am correct, this is both a major and fundamental solution for longest chain rule of proof-of-work, but it also eliminates unlinkability as a anonymity solution.

Sorry to say. Again this is preliminary, and needs more peer review.

Dear Monero devs, please answer this stuff.

My English is not well to understand what does AnonyMint speak about. I just feel, he sheds light on possible fundamental vulnerability that says unlinkability is not compatible with longest chain rule of proof-of-work. I may mistake.


He's referring to the fact that private transactions are not compatible with one particular tweak he has come up with for how blockchains work. His tweak is not a generally accepted method at all, nor it is generally accepted that such a tweak is needed to address the issues raised (though this does not necessarily imply the opposite), and is not implemented in any coin whatsoever.

tldr: not relevant to any existing coin

legendary
Activity: 2968
Merit: 1198

It refers to a well known privacy issue on CN coins. We've had a fix for this in the development for weeks now after corresponding with a Bitcoin core devs that should be more effective than the solution for Boolberry, we're just waiting until the core of the software is more mature before we roll it out.

tacotime, it's very important to put this answer sticky this thread or somewhere std. FAQ location!

Otherwise, newbies are coming and asking it again and again, to test our patience.

Dear newbies, read tacotime's answer twice, Monero devs are much more academic guys than you suppose, so they do know what things to go when.

Added to FAQ thread https://bitcointalksearch.org/topic/closed-unofficial-xmr-community-monero-faq-thread-686086
member
Activity: 119
Merit: 10
This may have already been covered, but has anyone addressed the problem that AnonyMint has brought up? He seems like a very smart guy, and this should be worth looking into.

This is very preliminary, but it appears to me that all anonymous coins based on unlinkability will not be able to solve the very serious double-spend threat.

If am correct, this is both a major and fundamental solution for longest chain rule of proof-of-work, but it also eliminates unlinkability as a anonymity solution.

Sorry to say. Again this is preliminary, and needs more peer review.

Dear Monero devs, please answer this stuff.

My English is not well to understand what does AnonyMint speak about. I just feel, he sheds light on possible fundamental vulnerability that says unlinkability is not compatible with longest chain rule of proof-of-work. I may mistake.
r05
full member
Activity: 193
Merit: 100
test cryptocoin please ignore

It refers to a well known privacy issue on CN coins. We've had a fix for this in the development for weeks now after corresponding with a Bitcoin core devs that should be more effective than the solution for Boolberry, we're just waiting until the core of the software is more mature before we roll it out.

tacotime, it's very important to put this answer sticky this thread or somewhere std. FAQ location!

Otherwise, newbies are coming and asking it again and again, to test our patience.

Dear newbies, read tacotime's answer twice, Monero devs are much more academic guys than you suppose, so they do know what things to go when.


It is very reassuring when replies like this are given. Definitely needs to be added to the FAQ.
member
Activity: 119
Merit: 10

It refers to a well known privacy issue on CN coins. We've had a fix for this in the development for weeks now after corresponding with a Bitcoin core devs that should be more effective than the solution for Boolberry, we're just waiting until the core of the software is more mature before we roll it out.

tacotime, it's very important to put this answer sticky this thread or somewhere std. FAQ location!

Otherwise, newbies are coming and asking it again and again, to test our patience.

Dear newbies, read tacotime's answer twice, Monero devs are much more academic guys than you suppose, so they do know what things to go when.

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Hitbtc reminds me of Bter for some reason. Both good exchanges nevertheless.

I hold accounts at both and do arbitrage at times.  I execute lots of trades. 

HitBTC is simply superior.  They seem highly reliable, fast, and the overall fees are better.
hero member
Activity: 795
Merit: 514

Forcing ambiguity upchain. Keeps your transaction from being outed but adds considerable bloat to the blockchain.
legendary
Activity: 1484
Merit: 1005

It refers to a well known privacy issue on CN coins. We've had a fix for this in the development for weeks now after corresponding with a Bitcoin core devs that should be more effective than the solution for Boolberry, we're just waiting until the core of the software is more mature before we roll it out.
hero member
Activity: 770
Merit: 500
It doesn't matter about Boolberry, that coin was instamined in the 100s of thousands...by One guy who still makes over 2k boolberry per day with his private gpu miner....
hero member
Activity: 798
Merit: 1000
321BTC volume on Polo.

This is crazy.

77% of total daily volume on poloniex is from XMR.
Yeah, crazy. But not surprising Wink


Not super crazy though, we were doing 1000BTC a day when we were up at 0.01
sr. member
Activity: 770
Merit: 250
I will not insist or argue. The time will tell. One more thing - I think  the time and money spent for so much PR was paid to cover a smart scheme.

do you mean BCN? lol 80% premine and an apparent fake blockchain are not smart at all...

Hi! Hitbtc team here.
As you remember, several days ago we launched a new campaign:
Now everyone can send us bug reports or usability improvements.


Thank you for taking a part in this campaign. We now have more than 10 e-mails with different suggestions or reports.
For now all of them are currently under investigation. Once this process is complete, we’ll send out rewards.
But the first rewards have already been transfered!
The campaign is not over, so send your bug reports or usability improvements to [email protected] to get your reward:
100 XMR for a bug report;
50 XMR for any accepted usability improvement.
Get your reward – get in touch with us.



sent some suggestions, just my opinion but I think hitbtc would benefit with some of them.

Hitbtc reminds me of Bter for some reason. Both good exchanges nevertheless.
newbie
Activity: 15
Merit: 0
This may have already been covered, but has anyone addressed the problem that AnonyMint has brought up? He seems like a very smart guy, and this should be worth looking into.

This is very preliminary, but it appears to me that all anonymous coins based on unlinkability will not be able to solve the very serious double-spend threat.

If am correct, this is both a major and fundamental solution for longest chain rule of proof-of-work, but it also eliminates unlinkability as a anonymity solution.

Sorry to say. Again this is preliminary, and needs more peer review.
sr. member
Activity: 502
Merit: 251
Melotic exchange new ? Getting some decent volume there.
legendary
Activity: 1512
Merit: 1012
Still wild and free
321BTC volume on Polo.

This is crazy.

77% of total daily volume on poloniex is from XMR.
Yeah, crazy. But not surprising Wink
r05
full member
Activity: 193
Merit: 100
test cryptocoin please ignore
321BTC volume on Polo.

This is crazy.
hero member
Activity: 697
Merit: 500
Everybody knows who the main stakeholders are, and if they decide to stir up something funny, nothing will stop them.


I won’t be surprised if I wake up once to find monero dead and gone.

I would not be surprised if one day I wake up rich
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