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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1673. (Read 4670614 times)

legendary
Activity: 1722
Merit: 1217
If you're still running 32-bit, you probably are a senior or something and shouldn't be messing with magic internet money.

+1 lol

The majority of internet-connected computers are 32-bit, no PAE.

It is a serious freaking problem.


Well i didn't say that but i still tend to agree with it. Who the heck runs a 32 bit machine any more? Like actually tell me someone you know who does and isnt >90 years old.
Most smartphones?

I dont think its reasonable to expect smartphones to run full nodes either way.
newbie
Activity: 14
Merit: 0
  If the state really wants to come down on our freedoms, it will, sorry.

Real life isnt a Hollywood movie with good cop ending. No it wont  if you are clever enough.

That being said i am sure Bitcoin is enough for your needs.

Using Bitcoin wanting to protect your stash from prying is a real pain because you have to take extra precautions and use other services, while with Monero you can just have one address and use different levels of mixing when sending transactions to match the level of privacy you would like to ensure, this is what bitcoin had to be since day one, but they got most of the people saying its a plus for accountability, and it really is and thats why I think bitcoin and monero will co-exist.
So let's say I get stinking rich with XMR next week, and move immediately to the Pacific coast of Mexico with the intention of sipping margaritas and watching whales from my beach hut with a chica at my side so hot I know it's only because I'm rich but I don't care because I'm just so stinking rich: will I have to wait for businesses to accept XMR directly before I can order refills (of the drinks, and possibly also the chica, if she misbehaves) online, or is there some way to tap into the already existing BTC marketplace while enjoying XMR anonymity?

good question lol, and in the scenario you get rich from XMR, it will for sure be accepted in lots of places so in the ideal world you trade services directly with xmr, otherwise you'll have to deal with xmr->btc or even xmr->btc->cash transactions.
And if the latter, will my XMR anonymity be preserved?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
If you're still running 32-bit, you probably are a senior or something and shouldn't be messing with magic internet money.

+1 lol

The majority of internet-connected computers are 32-bit, no PAE.

It is a serious freaking problem.


Well i didn't say that but i still tend to agree with it. Who the heck runs a 32 bit machine any more? Like actually tell me someone you know who does and isnt >90 years old.

Everyone I know has 96 cores and 256 GB RAM with 2TB SSD on their desk.  That's irrelevant.  Count the computers in India, China, Africa, South America, Eastern Europe which are running on 32-bit cpus, no PAE.  It is a big freaking problem.  Thin client does not fix the problem for them.  

I'm not upset or overly concerned about this.  It will be fixed in due time.  It is what it is.  But until it is fixed, it remains a big freaking problem.
full member
Activity: 160
Merit: 100
If you're still running 32-bit, you probably are a senior or something and shouldn't be messing with magic internet money.

+1 lol

The majority of internet-connected computers are 32-bit, no PAE.

It is a serious freaking problem.


Well i didn't say that but i still tend to agree with it. Who the heck runs a 32 bit machine any more? Like actually tell me someone you know who does and isnt >90 years old.
Most smartphones?
legendary
Activity: 1722
Merit: 1217
If you're still running 32-bit, you probably are a senior or something and shouldn't be messing with magic internet money.

+1 lol

The majority of internet-connected computers are 32-bit, no PAE.

It is a serious freaking problem.


Well i didn't say that but i still tend to agree with it. Who the heck runs a 32 bit machine any more? Like actually tell me someone you know who does and isnt >90 years old.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
If you're still running 32-bit, you probably are a senior or something and shouldn't be messing with magic internet money.

+1 lol

The majority of internet-connected computers are 32-bit, no PAE.

It is a serious freaking problem.
legendary
Activity: 1722
Merit: 1217
Here is some antifud. I'm just so excited. This is the very first anonymous crypto (other than premine bytecoin). We have cryptos with anonymity (darkcoin) but a crypto with anonymity is not the same thing as a crypto that is anonymous. There is a huge difference. And so to commemorate this monumental event here is a exert from future imperfect by david d friedman.

Quote
During World War II, George Orwell wrote regular articles for Partisan Review, an American magazine. Near the end of the war, he wrote a retrospective in which he discussed what he had gotten right and what wrong.9 One of his conclusions was that he was generally right about the way the world was moving, wrong about how fast it would get there. He correctly saw the logical pattern but failed to allow for the enormous inertia of human society.

Similarly here. David Chaum’s articles laying out the groundwork for fully anonymous electronic money were published in technical journals in the 1980s and summarized in a 1992 article in Scientific American. Ever since then various people, myself among them, have been predicting the rise of ecash along the lines he sketched. While pieces of his vision have become real in other contexts, there is as yet nothing close to a fully anonymous ecash available for general use. Chaum himself, working with the Mark Twain Bank of Saint Louis, attempted to get a semi-anonymous ecash into circulation – one that permitted one party to a transaction to be identified by joint action of the other party and the bank. The effort failed and was abandoned.10

One reason it has not happened is that online commerce has only very recently become large enough to justify it. A second reason, I suspect but cannot prove, is that national governments are unhappy with the idea of a widely used money that they cannot control and so are reluctant to permit (heavily regulated) private banks to create such a money. A third and closely related reason is that a truly anonymous ecash would eliminate a profitable form of law enforcement. There is no practical way to enforce money-laundering laws once it is possible to move arbitrarily large amounts of money anywhere in the world, untraceably, with the click of a mouse. A final reason is that ecash is only useful to me if many other people are using it, which raises a problem in getting it started.

These factors have slowed the introduction of ecash. I do not think they will stop it. It only takes one country willing to permit it and one issuing institution in that country willing to issue it, to bring ecash into existence. Once it exists, it will be politically difficult for other countries to forbid their citizens from using it and practically difficult, if it is forbidden, to enforce the ban. There are a lot of countries in the world, even if we limit ourselves to ones with sufficiently stable institutions so that people elsewhere will trust their money. Hence my best guess is that some version of one of the moneys I have described in this chapter will come into existence sometime in the next decade or so.

ITS FINALLY HERE DAVID!
newbie
Activity: 55
Merit: 0

I totally agree!
They like unacceptable acts such as stealing the coin right from the founding father’s arms (thankful-for-today) and stealing the code from BCN team ( as I  noticed)


TFT is a "founding father" for using CN open source code.
XMR Devs are "thieves" for using CN open source code.

Double standard much?

Also look up open source: http://en.wikipedia.org/wiki/Open_source

What does XMR dev team do actually?Which creatives belongs to XMR dev team?

go to github and see for yourself, no one has to prove anything to you or anyone here, first you need to learn how opensource works, anyway, keep crying your fud, it wont chance anything.

Sorry,I donn't know coding.Maybe it is only for skilled persons.
newbie
Activity: 14
Merit: 0
 If the state really wants to come down on our freedoms, it will, sorry.

Real life isnt a Hollywood movie with good cop ending. No it wont  if you are clever enough.

That being said i am sure Bitcoin is enough for your needs.

Using Bitcoin wanting to protect your stash from prying is a real pain because you have to take extra precautions and use other services, while with Monero you can just have one address and use different levels of mixing when sending transactions to match the level of privacy you would like to ensure, this is what bitcoin had to be since day one, but they got most of the people saying its a plus for accountability, and it really is and thats why I think bitcoin and monero will co-exist.
So let's say I get stinking rich with XMR next week, and move immediately to the Pacific coast of Mexico with the intention of sipping margaritas and watching whales from my beach hut with a chica at my side so hot I know it's only because I'm rich but I don't care because I'm just so stinking rich: will I have to wait for businesses to accept XMR directly before I can order refills (of the drinks, and possibly also the chica, if she misbehaves) online, or is there some way to tap into the already existing BTC marketplace while enjoying XMR anonymity?
newbie
Activity: 55
Merit: 0

I totally agree!
They like unacceptable acts such as stealing the coin right from the founding father’s arms (thankful-for-today) and stealing the code from BCN team ( as I  noticed)


TFT is a "founding father" for using CN open source code.
XMR Devs are "thieves" for using CN open source code.

Double standard much?

Also look up open source: http://en.wikipedia.org/wiki/Open_source

What does XMR dev team do actually?Which creatives belongs to XMR dev team?
legendary
Activity: 1722
Merit: 1217
OK, so there is no such thing as a completely anonymous crypto coin.  I get it.  Also, like most people, I accept that if the US govt. really wants to find out what I am up to financially or otherwise, they will be able to do this.  Call me a traitor to the crypto movement, but I really don't give a rat's ass about the NSA, wikileaks, Snowden, etc.  If the state really wants to come down on our freedoms, it will, sorry. That said, would one of you crypto nerds please answer the following question: If I become stinking rich buying XMR at current prices and decide to retire down in good old Mexico in two years (or less - more likely) with chicas and tequila, will the anonymity it does provide at least protect me from Mexican gangsters?  If you can assure me that it will, then of course I'm in.

Cryptonote does provide the promise of real anonymity. Its just a question of how high of a mixin count does the software force on everyone. Also you have to do some other things like smart ring signature matching and an alternative to payment ID's. If we do all of this and force a mixin count of something like 6 on everyone than transactions would be quite expensive, however no one, not even the nsa, could ever figure out what the heck was going on inside of our network. If you just want to protect against blanket spying but not targeted spying against specific individuals than everyone using a mixin count of 2 or 3 would probably be plenty. So its a trade off, true anonymity is possible just expensive. As for gangsters in mexico, no problem, the software in its current form could probably protect you from that.

Any mixin greater than zero is enough to provide plausible deniability in the block chain, though larger mixins provide additional security by cripling the ability to rule out other parties as possible transactors.

If everyone in the network is using a mixin count that is high enough, it can go way beyond the level of plausible deniability. It can get to the point where an outside observer cant even make an educated guess as to which coins belong to whom.
hero member
Activity: 795
Merit: 514
OK, so there is no such thing as a completely anonymous crypto coin.  I get it.  Also, like most people, I accept that if the US govt. really wants to find out what I am up to financially or otherwise, they will be able to do this.  Call me a traitor to the crypto movement, but I really don't give a rat's ass about the NSA, wikileaks, Snowden, etc.  If the state really wants to come down on our freedoms, it will, sorry. That said, would one of you crypto nerds please answer the following question: If I become stinking rich buying XMR at current prices and decide to retire down in good old Mexico in two years (or less - more likely) with chicas and tequila, will the anonymity it does provide at least protect me from Mexican gangsters?  If you can assure me that it will, then of course I'm in.

Cryptonote does provide the promise of real anonymity. Its just a question of how high of a mixin count does the software force on everyone. Also you have to do some other things like smart ring signature matching and an alternative to payment ID's. If we do all of this and force a mixin count of something like 6 on everyone than transactions would be quite expensive, however no one, not even the nsa, could ever figure out what the heck was going on inside of our network. If you just want to protect against blanket spying but not targeted spying against specific individuals than everyone using a mixin count of 2 or 3 would probably be plenty. So its a trade off, true anonymity is possible just expensive. As for gangsters in mexico, no problem, the software in its current form could probably protect you from that.

Any mixin greater than zero is enough to provide plausible deniability in the block chain, though larger mixins provide additional security by cripling the ability to rule out other parties as possible transactors.
newbie
Activity: 14
Merit: 0
Beautiful.  And so is Mexico - don't believe what you hear in the gringo news.  For my wealthy Mexican friends, anonymity in their banking business is something they have so far only been able to dream of (they can't even trust their local, poorly paid bank tellers - kidnapping is a very real, day to day fear as a consequence).  I'm in, and I'm sure they will be too.
legendary
Activity: 1722
Merit: 1217
OK, so there is no such thing as a completely anonymous crypto coin.  I get it.  Also, like most people, I accept that if the US govt. really wants to find out what I am up to financially or otherwise, they will be able to do this.  Call me a traitor to the crypto movement, but I really don't give a rat's ass about the NSA, wikileaks, Snowden, etc.  If the state really wants to come down on our freedoms, it will, sorry. That said, would one of you crypto nerds please answer the following question: If I become stinking rich buying XMR at current prices and decide to retire down in good old Mexico in two years (or less - more likely) with chicas and tequila, will the anonymity it does provide at least protect me from Mexican gangsters?  If you can assure me that it will, then of course I'm in.

Cryptonote does provide the promise of real anonymity. Its just a question of how high of a mixin count does the software force on everyone. Also you have to do some other things like smart ring signature matching and an alternative to payment ID's. If we do all of this and force a mixin count of something like 6 on everyone than transactions would be quite expensive, however no one, not even the nsa, could ever figure out what the heck was going on inside of our network. If you just want to protect against blanket spying but not targeted spying against specific individuals than everyone using a mixin count of 2 or 3 would probably be plenty. So its a trade off, true anonymity is possible just expensive. As for gangsters in mexico, no problem, the software in its current form could probably protect you from that.
legendary
Activity: 1428
Merit: 1001
getmonero.org
  If the state really wants to come down on our freedoms, it will, sorry.

Real life isnt a Hollywood movie with good cop ending. No it wont  if you are clever enough.

That being said i am sure Bitcoin is enough for your needs.
legendary
Activity: 1624
Merit: 1008
And looks like possibility to use monero as is on 64 bit windows with 4 GB RAM will be over very soon.

Can you elaborate on this point. Why would you require more than 4GB of ram in the future to run monero? (i'm pretty sure the computer im using has 4gb of ram)

because bitmonerod has to load the entire blockchain on the ram as of now, and its larger than the actual size on disk

If you're still running 32-bit, you probably are a senior or something and shouldn't be messing with magic internet money.

I'm running 64-bit and 4GB RAM.  With Monero and nothing else running my RAM usage is at 80%

ETA: Windows 8.1 so not all of the 80% is Monero.  Monero is ~ 2.3 GB
newbie
Activity: 14
Merit: 0
OK, so there is no such thing as a completely anonymous crypto coin.  I get it.  Also, like most people, I accept that if the US govt. really wants to find out what I am up to financially or otherwise, they will be able to do this.  Call me a traitor to the crypto movement, but I really don't give a rat's ass about the NSA, wikileaks, Snowden, etc.  If the state really wants to come down on our freedoms, it will, sorry. That said, would one of you crypto nerds please answer the following question: If I become stinking rich buying XMR at current prices and decide to retire down in good old Mexico in two years (or less - more likely) with chicas and tequila, will the anonymity it does provide at least protect me from Mexican gangsters?  If you can assure me that it will, then of course I'm in.
legendary
Activity: 1722
Merit: 1217
And looks like possibility to use monero as is on 64 bit windows with 4 GB RAM will be over very soon.

Can you elaborate on this point. Why would you require more than 4GB of ram in the future to run monero? (i'm pretty sure the computer im using has 4gb of ram)

because bitmonerod has to load the entire blockchain on the ram as of now, and its larger than the actual size on disk

The devs obviously have some sort of idea how to deal with this right? I mean obviously that isnt sustainable.
legendary
Activity: 1722
Merit: 1217
And looks like possibility to use monero as is on 64 bit windows with 4 GB RAM will be over very soon.

Can you elaborate on this point. Why would you require more than 4GB of ram in the future to run monero? (i'm pretty sure the computer im using has 4gb of ram)
hero member
Activity: 565
Merit: 500
This seems to be an interesting article

Judge Shoots Down ‘Bitcoin Isn’t Money’ Argument in Silk Road Trial http://www.wired.com/2014/07/silkroad-bitcoin-isnt-money/

"Projects like Darkcoin and Dark Wallet that seek to enable the anonymous use of cryptocurrency could also find themselves on thinner ice as that the limits of bitcoin’s legal anonymity have become clearer."

Goverment controls the media to much imo.

Cash is the #1 Black Market currency . How they going to ban that ?
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