[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1692.

Quanttek

member

Activity: 93

Merit: 10

First pool to prevent pool hopping and to support Monero's anonymity
CryptoGraben.com
Cooperative Mining - Fast - Stable - Secure

Preventing Pool hopping: Older shares get lower weigthed then newer ones
Multiple server layers: High scalability and redunancy. Three 8 core servers
2% fee: 1.9% fee with regular manual donations to the core team + 0.1% for zone117x
Low orphan rate through fast connections and multiple nodes across the globe
Always latest updates! After a period of 24h you can make sure you have the latest updates
99.995% Uptime! Multiple daemons with the main daemon getting changed every hour
Clear and modern site to have everything in one place: News, Tutorials, FAQ, Support, Blog
Top Level support: Twitter, IRC (Quanttek in #monero and #monero-dev), E-Mail

dfox101

hero member

Activity: 551

Merit: 500

this seems a great coin, but CPU/GPU 1:1 is really a problem, those with GPUs won't be interested in it.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: aminorex on July 04, 2014, 08:52:09 PM

Quote from: Anon136 on July 04, 2014, 08:35:26 PM

One of the nxt guys is thinking about piggy backing onto of monero inorder to bring anonymity to nxt. Basically he will run an automated system where users will be able to buy tokens on the asset exchange representing monero. redeem the assets for monero. send the monero to the other party. he will exchange the monero for tokens. then sell the tokens on the asset exchange for nxt.

That should de-anonymize the transaction pretty effectively.

How? You dont need to deliver the actual public address to the server. You can simply calculate the 1 time address client side and transmit that to the server. The server its self wouldnt know who you were sending the monero to. And on the other side of the transaction, when you turn the monero back into tokens, they wouldnt be able to gather where it had come from on that side either.

I guess there is some risk since often the server would be receiving coins that it had very recently sent out. They could deduce some information there because of this. Its still just a thought experiment at this point. Constructive feedback definitely welcome.

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: dawie on July 04, 2014, 06:16:56 PM

Quote from: 5w00p on July 04, 2014, 06:07:40 PM

Quote from: binaryFate on July 04, 2014, 05:58:20 PM

Quote from: neozaru on July 04, 2014, 05:57:22 PM

[...]
Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

Very nice analogy!

Cash does have serial numbers, don't forget.

Ours be like: 44fJ52WJGUmceBX6iARnfW6k9p2MFrwkb9AeXRDvQFUCKTHEGOVERMENTPONZISCHEMEWEARETAKINGOVERFROMHEREDaZYM8zkA2uuysE164GBGrhkvGh8PAxGUFU5FqeEmk82Cww3CHdeRS

Hahaha.. that's awesome, thanks!

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Anon136 on July 04, 2014, 08:35:26 PM

One of the nxt guys is thinking about piggy backing onto of monero inorder to bring anonymity to nxt. Basically he will run an automated system where users will be able to buy tokens on the asset exchange representing monero. redeem the assets for monero. send the monero to the other party. he will exchange the monero for tokens. then sell the tokens on the asset exchange for nxt.

That should de-anonymize the transaction pretty effectively.

Anon136

legendary

Activity: 1722

Merit: 1217

One of the nxt guys is thinking about piggy backing onto of monero inorder to bring anonymity to nxt. Basically he will run an automated system where users will be able to buy tokens on the asset exchange representing monero. redeem the assets for monero. send the monero to the other party. he will exchange the monero for tokens. then sell the tokens on the asset exchange for nxt.

dawie

member

Activity: 115

Merit: 10

BTC for a better world

Quote from: 5w00p on July 04, 2014, 06:07:40 PM

Quote from: binaryFate on July 04, 2014, 05:58:20 PM

Quote from: neozaru on July 04, 2014, 05:57:22 PM

[...]
Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

Very nice analogy!

Cash does have serial numbers, don't forget.

Ours be like: 44fJ52WJGUmceBX6iARnfW6k9p2MFrwkb9AeXRDvQFUCKTHEGOVERMENTPONZISCHEMEWEARETAKINGOVERFROMHEREDaZYM8zkA2uuysE164GBGrhkvGh8PAxGUFU5FqeEmk82Cww3CHdeRS

5w00p

hero member

Activity: 644

Merit: 502

Quote from: binaryFate on July 04, 2014, 05:58:20 PM

Quote from: neozaru on July 04, 2014, 05:57:22 PM

[...]
Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

Very nice analogy!

Cash does have serial numbers, don't forget.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: neozaru on July 04, 2014, 05:57:22 PM

[...]
Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

Very nice analogy!

neozaru

newbie

Activity: 50

Merit: 0

Quote from: darkota on July 04, 2014, 05:34:21 PM

Quote from: bybitcoin on July 04, 2014, 05:25:09 PM

Quote from: cAPSLOCK on July 04, 2014, 04:49:30 PM

Quote from: dreamspark on July 04, 2014, 12:49:38 PM

Because Bitcoin is traceable and only quasi anonymous, with mass surveillance a real thing it makes sense if you want to transact privately. Dont forget with good blockchain forensics by just paying for a small thing p2p someone can identify your general wealth etc. Dont get me wrong there are plenty of ways to mitigate the problem but from a general ease of use POV if its anon by default its generally just better.

Thats the great thing, I agree that it will be great for private transactions and in a P2P world without banks a lot of day to day transaction will become private. But it can do both, it can be great as an anon day to day currency lending the general population a modicum of privacy and well suited to the private transactions you speak of.

An interesting thought for me has been the idea that there are some financial transactions or even legal instruments where it benefits and protects both parties for it to be publicly provable.

Your honor, I claim cAPSLOCK did not send me 300 bitcoins for my used Lambo!

I am sorry Mr Goat, I can see right here on my phone where cAPSLOCK indeed send 300 bitcoins from his address to your address. Please give him the keys and transfer the title on the blockchain using counterparty.

That's why we should consider monero type of currency the bitcoin complement and not it's competitor, If and when they could become somehow conjugated..

Monero becoming the equivalent of Bitcoin would be it being as a "parallel" chain alongside Bitcoin's. So wherever bit coin is accepted, so would Monero, whatevers bitcoins price is, so would be moneros, etc etc. Monero would be the chain that offers anonymity, bitcoin would be the chain that offers regular transactions.

Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

darkota

hero member

Activity: 770

Merit: 500

Quote from: bybitcoin on July 04, 2014, 05:25:09 PM

Quote from: cAPSLOCK on July 04, 2014, 04:49:30 PM

Quote from: dreamspark on July 04, 2014, 12:49:38 PM

Because Bitcoin is traceable and only quasi anonymous, with mass surveillance a real thing it makes sense if you want to transact privately. Dont forget with good blockchain forensics by just paying for a small thing p2p someone can identify your general wealth etc. Dont get me wrong there are plenty of ways to mitigate the problem but from a general ease of use POV if its anon by default its generally just better.

Thats the great thing, I agree that it will be great for private transactions and in a P2P world without banks a lot of day to day transaction will become private. But it can do both, it can be great as an anon day to day currency lending the general population a modicum of privacy and well suited to the private transactions you speak of.

An interesting thought for me has been the idea that there are some financial transactions or even legal instruments where it benefits and protects both parties for it to be publicly provable.

Your honor, I claim cAPSLOCK did not send me 300 bitcoins for my used Lambo!

I am sorry Mr Goat, I can see right here on my phone where cAPSLOCK indeed send 300 bitcoins from his address to your address. Please give him the keys and transfer the title on the blockchain using counterparty.

That's why we should consider monero type of currency the bitcoin complement and not it's competitor, If and when they could become somehow conjugated..

Monero becoming the equivalent of Bitcoin would be it being as a "parallel" chain alongside Bitcoin's. So wherever bit coin is accepted, so would Monero, whatevers bitcoins price is, so would be moneros, etc etc. Monero would be the chain that offers anonymity, bitcoin would be the chain that offers regular transactions.

bybitcoin

hero member

Activity: 672

Merit: 500

Quote from: cAPSLOCK on July 04, 2014, 04:49:30 PM

Quote from: dreamspark on July 04, 2014, 12:49:38 PM

Because Bitcoin is traceable and only quasi anonymous, with mass surveillance a real thing it makes sense if you want to transact privately. Dont forget with good blockchain forensics by just paying for a small thing p2p someone can identify your general wealth etc. Dont get me wrong there are plenty of ways to mitigate the problem but from a general ease of use POV if its anon by default its generally just better.

Thats the great thing, I agree that it will be great for private transactions and in a P2P world without banks a lot of day to day transaction will become private. But it can do both, it can be great as an anon day to day currency lending the general population a modicum of privacy and well suited to the private transactions you speak of.

An interesting thought for me has been the idea that there are some financial transactions or even legal instruments where it benefits and protects both parties for it to be publicly provable.

Your honor, I claim cAPSLOCK did not send me 300 bitcoins for my used Lambo!

I am sorry Mr Goat, I can see right here on my phone where cAPSLOCK indeed send 300 bitcoins from his address to your address. Please give him the keys and transfer the title on the blockchain using counterparty.

That's why we should consider monero type of currency the bitcoin complement and not it's competitor, If and when they could become somehow conjugated..

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Whimsical Pants

Quote from: dreamspark on July 04, 2014, 12:49:38 PM

Because Bitcoin is traceable and only quasi anonymous, with mass surveillance a real thing it makes sense if you want to transact privately. Dont forget with good blockchain forensics by just paying for a small thing p2p someone can identify your general wealth etc. Dont get me wrong there are plenty of ways to mitigate the problem but from a general ease of use POV if its anon by default its generally just better.

Thats the great thing, I agree that it will be great for private transactions and in a P2P world without banks a lot of day to day transaction will become private. But it can do both, it can be great as an anon day to day currency lending the general population a modicum of privacy and well suited to the private transactions you speak of.

An interesting thought for me has been the idea that there are some financial transactions or even legal instruments where it benefits and protects both parties for it to be publicly provable.

Your honor, I claim cAPSLOCK did not send me 300 bitcoins for my used Lambo!

I am sorry Mr Goat, I can see right here on my phone where cAPSLOCK indeed send 300 bitcoins from his address to your address. Please give him the keys and transfer the title on the blockchain using counterparty.

cisahasa

legendary

Activity: 910

Merit: 1000

Quote from: Jshank on July 04, 2014, 04:30:21 PM

Quote from: cisahasa on July 04, 2014, 04:08:36 PM

please update your gpu miner with proxy

get 5-50% more hash

http://www.fileswap.com/dl/hfAFrii25u/

http://analist.ru/files/miner_proxy.rar

https://mega.co.nz/#!WJM2wQZY!YU9QFgnX0vTsfR5PypYNZIjbf_j2lKbezUh74r89kWA

https://www.virustotal.com/fi/file/bd82d2a0103b40aaf1a826d81c28547b716237a85aa295068c85252648920876/analysis/1404420002/

Detection ratio: 0 / 54

please report if this works for cpu miner allso!

Does my proxy port need to match the mining address port?

no, choose port u want
set miner 127.0.0.1:1234 (1234 or port u want, then set same port to proxy)
pool adress you want to miner
your adress to dev fee

u are good to go!

Jshank

member

Activity: 75

Merit: 10

Quote from: cisahasa on July 04, 2014, 04:08:36 PM

please update your gpu miner with proxy

get 5-50% more hash

http://www.fileswap.com/dl/hfAFrii25u/

http://analist.ru/files/miner_proxy.rar

https://mega.co.nz/#!WJM2wQZY!YU9QFgnX0vTsfR5PypYNZIjbf_j2lKbezUh74r89kWA

https://www.virustotal.com/fi/file/bd82d2a0103b40aaf1a826d81c28547b716237a85aa295068c85252648920876/analysis/1404420002/

Detection ratio: 0 / 54

please report if this works for cpu miner allso!

Does my proxy port need to match the mining address port? And will someone please describe what botnet means?

RentaMouse

sr. member

Activity: 252

Merit: 250

I've already said this but I guess it needs repeating:

The difference between average hashrate for CPU mining vs GPU mining on CN algo is comparable to Scrypt, a "good" mining GPU will generate approx. 10x the hashrate of a "good" CPU, just on Scrypt its KH/sec whilst CN is H/sec

CryptoNote is no longer "botnet optimised" now the GPU mining apps have caught up, that requires CPU mining to have a significant advantage over GPU mining. Its just that generally mining XMR is more profitable than mining Scrypt/alt coins. The lack of good/any Linux GPU mining apps is probably a factor in this, once more GPU miners start migrating to XMR the profitability margin will reduce and botnets will become uneconomic to mine with, in the same way that EC2 CPU mining instances are disappearing currently.

cisahasa

legendary

Activity: 910

Merit: 1000

please update your gpu miner with proxy

get 5-50% more hash

http://www.fileswap.com/dl/hfAFrii25u/

http://analist.ru/files/miner_proxy.rar

https://mega.co.nz/#!WJM2wQZY!YU9QFgnX0vTsfR5PypYNZIjbf_j2lKbezUh74r89kWA

https://www.virustotal.com/fi/file/bd82d2a0103b40aaf1a826d81c28547b716237a85aa295068c85252648920876/analysis/1404420002/

Detection ratio: 0 / 54

this works for cpu miner allso!

look dev fees:

47mr7jYTroxQMwdKoPQuJoc9Vs9S9qCUAL6Ek4qyNFWJdqgBZRn4RYY2QjQfqEMJZVWPscupSgaqmUn 1dpdUTC4fQsu3yjN

darkota

hero member

Activity: 770

Merit: 500

Quote from: btell on July 04, 2014, 04:04:10 PM

Quote from: bitcodo on July 04, 2014, 03:43:55 PM

I'm following this for quite some time. Just two things that worry me. Algorithm that allow botnets and too much senior members that lost BTCs. Who is the 'enemy' of this coin: xxxx, the botnet owner; or yyyy, senior bitcointalk member?

I think GPU miners will be being optimized, so botnet effect will be less apparent...

As I look at example pool, http://hashinvest.net/ , network hashrate is 13.55 MH/sec now, pool's hashrate is 670.78 KH/sec or 0.67078 MH/sec, this pool hashrate is shared between 45 miners, and because 13.55 MH/sec = roughly 20 * 0.67078 MH/sec, there are just roughly 45 * 20 = 900 miners in the whole net, i.e. in the world.

This assumption is more accurate than seen at first glance, because Cryptonight algo gives roughly the same performance amoung CPU and GPU. So one can analyze data from the all officially mentioned pools (at 1st sticky post of this thread), and compute total number of bots in all botnets. I think one obtains value roughly 100 i.e. there are not more than 100 computers in the whole world, infected by XMR mining botnets.

Am I correct?

Yea you're right. GPU's mine much more effectively than CPU's for monero right now.

btell

member

Activity: 119

Merit: 10

Quote from: bitcodo on July 04, 2014, 03:43:55 PM

I'm following this for quite some time. Just two things that worry me. Algorithm that allow botnets and too much senior members that lost BTCs. Who is the 'enemy' of this coin: xxxx, the botnet owner; or yyyy, senior bitcointalk member?

I think GPU miners will be being optimized, so botnet effect will be less apparent...

As I look at example pool, http://hashinvest.net/ , network hashrate is 13.55 MH/sec now, pool's hashrate is 670.78 KH/sec or 0.67078 MH/sec, this pool hashrate is shared between 45 miners, and because 13.55 MH/sec = roughly 20 * 0.67078 MH/sec, there are just roughly 45 * 20 = 900 miners in the whole net, i.e. in the world.

This assumption is more accurate than seen at first glance, because Cryptonight algo gives roughly the same performance amoung CPU and GPU. So one can analyze data from the all officially mentioned pools (at 1st sticky post of this thread), and compute total number of bots in all botnets. I think one obtains value roughly 100 i.e. there are not more than 100 computers in the whole world, infected by XMR mining botnets.

Am I correct?

cisahasa

legendary

Activity: 910

Merit: 1000

47mr7jYTroxQMwdKoPQuJoc9Vs9S9qCUAL6Ek4qyNFWJdqgBZRn4RYY2QjQfqEMJZVWPscupSgaqmUn 1dpdUTC4fQsu3yjN

look this, who got the hash?

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1692. (Read 4670614 times)