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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1973. (Read 4670562 times)

legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
I was thinking Mintpal would list this unique, innovative coin today. But instead they're adding another PoS clone. BC AC WC CINNI COMM XLB and now SYNC, what's the point of so many clone with different supply ?

They are slated to make a lot of BTCs by adding PnD coins.
TTM
full member
Activity: 140
Merit: 100
I was thinking Mintpal would list this unique, innovative coin today. But instead they're adding another PoS clone. BC AC WC CINNI COMM XLB and now SYNC, what's the point of so many clone with different supply ?

This coin is a Bytecoin fork, aka a Bytecoin copy, nothing special about it...At least those PoS coins like Cinni don't copy Bitcoin down to the last coding like Monero has to Bytecoin..

Well they also don't list Bytecoin, your argument is invalid.
sr. member
Activity: 294
Merit: 250
I was thinking Mintpal would list this unique, innovative coin today. But instead they're adding another PoS clone. BC AC WC CINNI COMM XLB and now SYNC, what's the point of so many clone with different supply ?

This coin is a Bytecoin fork, aka a Bytecoin copy, nothing special about it...At least those PoS coins like Cinni don't copy Bitcoin down to the last coding like Monero has to Bytecoin..
TTM
full member
Activity: 140
Merit: 100
I was thinking Mintpal would list this unique, innovative coin today. But instead they're adding another PoS clone. BC AC WC CINNI COMM XLB and now SYNC, what's the point of so many clone with different supply ?
legendary
Activity: 1904
Merit: 1003

Anyone here with address on HashInvest: 47shgHzm4mWfD2WM6YPAgLWvvxB92yc...

You are mining with wrong address. Change your address immediately.

legendary
Activity: 1904
Merit: 1003
Now with personal stats. Latest code.

>>> Join Pool http://monero.hashinvest.ws! <<<

Use efficient miner: https://github.com/LucasJones/cpuminer-multi

minerd -a cryptonight -o monero.hashinvest.ws:5555 -u YOUR_ADDRESS -p x

Compiled windows miner (latest AES optimisations): https://ottrbutt.com/cpuminer-multi/cpuminer-multi-1.0.2-LucasJones.zip



legendary
Activity: 938
Merit: 1001
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Is it fair to say Monero is %100 anonymous? As I understand it, it is possible to do forensic study of the blockchain to determine with high probability who sent a transaction, but it is never possible to prove it irrefutably. Is that true?

That's true. There may be side-channel attacks that are currently unknown (however unlikely), but no amount of study of the blockchain will provide any useful information. Even when a transaction is linked back to a person, if the transaction was made with a mixin count > 2 there's a fairly large degree of plausible deniability. Your best starting point is the whitepaper: http://cryptonote.org/whitepaper.pdf

Does Monero have a blockchain in the same sense as Bitcoin? How reliable is the total coin count on the block explorer and how is that number reliably determined?

Yes, although not using Berkley DB as a storage mechanism. The total count should be correct - you can contact the monerochain.info guys to ask them how they determined it, or just do the math yourself (check first post for details on the emission algorithm).

I've heard that Bytecoin is closed source? Is that true and if so does that mean Monero is also closed source? Finally if Monero is not closed source how did it fork from Bytecoin if Bytecoin is closed source?

None of that is true, both Bytecoin and Monero are open source, github repos have been linked to above. Both Bytecoin and Monero are distributed under the MIT / X11 license.

Are the same type of altcoins possible with Bytecoin forks that are possible with Bitcoin forks? If so, theoretically are things like Proof of Stake, Fluttercoin's Proof of Transaction, or Darkcoin's Masternodes or TOR integration possible for additional layers of security? Would these be necessary or just superfluous bloat considering the already potentially strong security that Monero offers through ring signatures?

Sure, anyone can fork it and add any of the features that altcoins have experimented with. I think that they'd mostly be superfluous bloat, although experimentation is certainly never frowned upon, and if there was any successful experiment we could most definitely inherit the code (much as Bitcoin can easily inherit Ethereum's turing-complete scripting language). Masternodes are not a feature we will likely adopt ever as they present an easy attack surface for a malicious actor that wants to control and observe the mixing of coins. I2P is not a feature we will likely adopt ever as running Java on the same system introduces an entirely new attack surface given Java's tendency to be easily exploited on the desktop. Running Monero over TOR is already possible, and it is something we may consider integrating more tightly in future.
legendary
Activity: 2968
Merit: 1198
Hi, I have some questions for marketing purposes for Monero.

  • Is it fair to say Monero is %100 anonymous? As I understand it, it is possible to do forensic study of the blockchain to determine with high probability who sent a transaction, but it is never possible to prove it irrefutably. Is that true?

I suggest reviewing the materials at cryptonote.org. They do a nice job of explaining what the protocol does or doesn't do. In particular anonymous is a pretty vague term and to their credit cryptonote rarely uses it, if at all. Instead they use more precise terms such as "unlinkable" and "blockchain analysis resistance." Have a look.

Quote
  • Does Monero have a blockchain in the same sense as Bitcoin? How reliable is the total coin count on the block explorer and how is that number reliably determined?

Yes it has a block chain and each block has a reward. I assume the block explorer is adding those up from the genesis block to the most recent block but you would have to ask the developer of the explorer to be sure.

Quote
  • I've heard that Bytecoin is closed source? Is that true and if so does that mean Monero is also closed source? Finally if Monero is not closed source how did it fork from Bytecoin if Bytecoin is closed source?

Monero and Bytecoin are both open source. The source is available on github, linked from the first post on this thread.

Quote
  • Are the same type of altcoins possible with Bytecoin forks that are possible with Bitcoin forks? If so, theoretically are things like Proof of Stake, Fluttercoin's Proof of Transaction, or Darkcoin's Masternodes or TOR integration possible for additional layers of security? Would these be necessary or just superfluous bloat considering the already potentially strong security that Monero offers through ring signatures?

Masternodes are superfluous and indeed many have pointed out that they can't really be trusted. Cryptonote does mixing in an entirely different way that does not require a trusted third party, using ring signatures. 

As for the rest, it is certainly possible to create forks. That is part of what it means to be open source. What forks are useful or become popular only time will tell.
legendary
Activity: 1792
Merit: 1010
Hi, I have some questions for marketing purposes for Monero.

  • Is it fair to say Monero is %100 anonymous? As I understand it, it is possible to do forensic study of the blockchain to determine with high probability who sent a transaction, but it is never possible to prove it irrefutably. Is that true?
  • Does Monero have a blockchain in the same sense as Bitcoin? How reliable is the total coin count on the block explorer and how is that number reliably determined?
  • I've heard that Bytecoin is closed source? Is that true and if so does that mean Monero is also closed source? Finally if Monero is not closed source how did it fork from Bytecoin if Bytecoin is closed source?
  • Are the same type of altcoins possible with Bytecoin forks that are possible with Bitcoin forks? If so, theoretically are things like Proof of Stake, Fluttercoin's Proof of Transaction, or Darkcoin's Masternodes or TOR integration possible for additional layers of security? Would these be necessary or just superfluous bloat considering the already potentially strong security that Monero offers through ring signatures?

That is a good start for now. Thank you to whomever may answer.

Don't want to fracture answers, what I know and did is to work off source code in github directly

https://github.com/monero-project/bitmonero

there is a chain that source code derives from above forks from

https://github.com/bitmonero-project/bitmonero

and what seems to be original POC (proof of concept)

https://github.com/amjuarez/bytecoin  (seems to be baseline)

let others elaborate on remaining questions that I self would love to have an answer to, meantime I am mining this, nice traction has developed and this is real innovation in crypto

 Cool

sr. member
Activity: 322
Merit: 250
Hi, I have some questions for marketing purposes for Monero.

  • Is it fair to say Monero is %100 anonymous? As I understand it, it is possible to do forensic study of the blockchain to determine with high probability who sent a transaction, but it is never possible to prove it irrefutably. Is that true?
  • Does Monero have a blockchain in the same sense as Bitcoin? How reliable is the total coin count on the block explorer and how is that number reliably determined?
  • I've heard that Bytecoin is closed source? Is that true and if so does that mean Monero is also closed source? Finally if Monero is not closed source how did it fork from Bytecoin if Bytecoin is closed source?
  • Are the same type of altcoins possible with Bytecoin forks that are possible with Bitcoin forks? If so, theoretically are things like Proof of Stake, Fluttercoin's Proof of Transaction, or Darkcoin's Masternodes or TOR integration possible for additional layers of security? Would these be necessary or just superfluous bloat considering the already potentially strong security that Monero offers through ring signatures?

That is a good start for now. Thank you to whomever may answer.
legendary
Activity: 1792
Merit: 1010
entering this.

question to community... using pool , how to determine if to target starting difficulty: 100 (low CPU) or 500 (medium CPU)  or 1000 (modern CPU)

pool seems to set difficulty based on the port one goes after... for now I went after starting difficulty 1000 and will measure output after some delta

thanks much for any advice on "advanced" mining and have a wonderful day (coin is ULTRA cool) thx

 Cool
sr. member
Activity: 294
Merit: 250
MRO is not a cryptonode covert SHA512 algo DOESN'T have a ring signatures broken scam. Described in OP anonymous approach is fucked scam. Now gonna be on the way to 0.0009 FUCK


HAHAH another sore loser crybaby!!

you assholes make me feel sooo wonderful =) I love seeing people like you get upset and hurt because they didn't grab any cheap monero. I love it when idiots that missed the train like you cry hahaha CRY CRY CRY <3

Let me guess. you were interested in monero but didn't get any because you were too lazy to overcome the barrier to entry haha
I am drinking your fucking tears in my top shelf margarita hahaha
full member
Activity: 126
Merit: 101
Latest (optimized) binaries are available at http://www.bitmonero.org/ now
hero member
Activity: 658
Merit: 503
Monero Core Team
In my book, being the first at something doesn't guarantee anything. Bitcoin is not the first cryptocurrency ever, Litecoin is not the first scrypt currency ever... etc.

I agree wholheartedly with you!

Be first, be smart, or cheat
sr. member
Activity: 308
Merit: 250
Updated SoloMiner (Merged mining GUI miner) binaries

Download links:
Windows 64
Windows 32
MacOS (OSX)

And source for our lovely Linux friends Smiley
Source

Cheers.


How it build on linux ?
sr. member
Activity: 389
Merit: 250
How fast would I mine with a fx8350? The more cores the better am i right? What would be the best cpu to mine?

Cheers
I'm mining at roughly 140H/s with FX8350 on 7 threads. I leave 1 thread free so that I can GPU mine. But if you are only CPU mining and doing nothing else on the PC you could use all 8 threads I suppose and have higher hashrate.
member
Activity: 210
Merit: 10
Updated SoloMiner (Merged mining GUI miner) binaries

Download links:
Windows 64
Windows 32
MacOS (OSX)

And source for our lovely Linux friends Smiley
Source

Cheers.
hero member
Activity: 809
Merit: 1002
How fast would I mine with a fx8350? The more cores the better am i right? What would be the best cpu to mine?

Cheers
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