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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 41. (Read 4671575 times)

legendary
Activity: 3122
Merit: 1492
The article also mentioned exchange delistings. This makes my skepticism stronger that their article is for only fud.

The exchanges have delisted privacy centered coins because they do not want to be shut down by local governments for "potentially" harboring criminals from monetary transactions. They also do not want to be held responsible for helping transact dirty crypto used by bad actors. It's all about the CYA aspect of remaining viable as an exchange in order to maintain income for stakeholders.

Ask yourself, why do so many non-USA exchanges not allow or even IP block NA retail traders? That AML/KYC is a B.

Yes, clearly the issue is about compliance. There is a paper written by a group of lawyers and it argues that anonymous and privacy enabled coins' features should be kept, can be listed and still be compliant.

https://www.perkinscoie.com/images/content/2/3/v7/237411/Perkins-Coie-LLP-White-Paper-AML-Regulation-of-Privacy-enablin.pdf

In any case, transaction privacy will be an important issue in the next years to come in the cryptspace. Michael Saylor, who has a large economic interest on bitcoin, might be next popular figure to declare more tranparency and blockchain analysis is good to protect his investment.

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
@Termie
I'll quote 2 sentences from this article (https://decrypt.co/49182/ciphertrace-files-patents-for-tech-that-traces-monero-transactions), the impact is on 2nd.  Smiley

"But CipherTrace’s patents claim that transactions are entirely traceable.

The patents, however, have not been approved. "

https://twitter.com/davejevans/status/1330008956270374918
Quote
Dave Jevans CipherTrace CEO
@davejevans
CipherTrace filed their second patent application on Monero tracing techniques.  Nobody can deterministically trace Monero transactions yet.  But this lays the groundwork for meaningful results particularly for tracing large scale thefts & crime
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
@Termie. Ciphertrace has patents to claims that they have created the technology to trace transactions in the Monero blockchain hehe. Also, cryptocoin privacy is a cat and mouse game. The development team of Monero will cover all holes Ciphertrace opens and this will occur back and forth.

The article also mentioned exchange delistings. This makes my skepticism stronger that their article is for only fud.
I have same skepticism as yours that is a FUD only. How does it take more than one year since August 2019 to November 2020 for Cipher Trace to file their patents if they truly have good tools to trace and crack down the traceability of Monero transactions? It sound not normal and hard to believe in.

CipherTrace develops Monero tracing tool to aid US DHS investigations
CipherTrace Files Two Monero Cryptocurrency Tracing Patents
legendary
Activity: 1526
Merit: 1032
Up to 300% + 200 FS deposit bonuses
How do I create stealth address with monero wallet?, what kind of wallet support create stealth address?, anyone here have example of stealth address transaction on monero blockchain?
What do you mean?  In Monero, all addresses are “stealth” addresses.

They are automatically generated upon creating a transaction. All wallet software does this. Are you perhaps referring to subaddresses?

Thanks for explain. I just read this tutorial.
good to know Monero set as default. Interesting, I will use monero.

member
Activity: 349
Merit: 23
The article also mentioned exchange delistings. This makes my skepticism stronger that their article is for only fud.

The exchanges have delisted privacy centered coins because they do not want to be shut down by local governments for "potentially" harboring criminals from monetary transactions. They also do not want to be held responsible for helping transact dirty crypto used by bad actors. It's all about the CYA aspect of remaining viable as an exchange in order to maintain income for stakeholders.

Ask yourself, why do so many non-USA exchanges not allow or even IP block NA retail traders? That AML/KYC is a B.
legendary
Activity: 2268
Merit: 1141
I have updated the GUI from 0.17.1.1 to 0.17.1.4 and now when I launch it

I have the warning:
"Wallet is not connected to daemon"

And then:
"Daemon failed to start

Timed out, local node is not responding after 120 seconds.

Please check your wallet and daemon log for errors. You can also start to try monerod.exe manually"

Why is that?

Have you already tried rebooting your system? Also, do you use a custom data directory for the blockchain?
member
Activity: 88
Merit: 24
@Termie
I'll quote 2 sentences from this article (https://decrypt.co/49182/ciphertrace-files-patents-for-tech-that-traces-monero-transactions), the impact is on 2nd.  Smiley

"But CipherTrace’s patents claim that transactions are entirely traceable.

The patents, however, have not been approved. "
legendary
Activity: 3122
Merit: 1492
@Termie. Ciphertrace has patents to claims that they have created the technology to trace transactions in the Monero blockchain hehe. Also, cryptocoin privacy is a cat and mouse game. The development team of Monero will cover all holes Ciphertrace opens and this will occur back and forth.

The article also mentioned exchange delistings. This makes my skepticism stronger that their article is for only fud.
sr. member
Activity: 642
Merit: 292

CipherTrace files two Monero cryptocurrency tracing patents 🤔
https://ciphertrace.com/ciphertrace-files-two-monero-cryptocurrency-tracing-patents/

any noob-tl,dr or opinions?
legendary
Activity: 861
Merit: 1010
I have updated the GUI from 0.17.1.1 to 0.17.1.4 and now when I launch it

I have the warning:
"Wallet is not connected to daemon"

And then:
"Daemon failed to start

Timed out, local node is not responding after 120 seconds.

Please check your wallet and daemon log for errors. You can also start to try monerod.exe manually"

Why is that?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
How do I create stealth address with monero wallet?, what kind of wallet support create stealth address?, anyone here have example of stealth address transaction on monero blockchain?



https://web.getmonero.org/resources/moneropedia/stealthaddress.html
legendary
Activity: 2268
Merit: 1141
How do I create stealth address with monero wallet?, what kind of wallet support create stealth address?, anyone here have example of stealth address transaction on monero blockchain?

They are automatically generated upon creating a transaction. All wallet software does this. Are you perhaps referring to subaddresses?
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
How do I create stealth address with monero wallet?, what kind of wallet support create stealth address?, anyone here have example of stealth address transaction on monero blockchain?

What do you mean?  In Monero, all addresses are “stealth” addresses.

example of stealth address transaction on monero blockchain

Pick any transaction, and tell me the addresses associated with its inputs and outputs:
https://xmrchain.net/
legendary
Activity: 1526
Merit: 1032
Up to 300% + 200 FS deposit bonuses
How do I create stealth address with monero wallet?, what kind of wallet support create stealth address?, anyone here have example of stealth address transaction on monero blockchain?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
I would like to extend a big thank you to all of the developers listed below who worked on Lithium Luna v0.12.

Your beautiful work has inspired me to create this art.



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legendary
Activity: 2016
Merit: 1259
I am waiting for XMR to dip down to $95, that's if we see a significant BTC correction. Will collect more then.


   Don't count on it.


  There is a thread for speculation.
newbie
Activity: 22
Merit: 0
I am waiting for XMR to dip down to $95, that's if we see a significant BTC correction. Will collect more then.
legendary
Activity: 2702
Merit: 2053
Free spirit
Does anyone know why the wallets were locked on Poloniex for XMR?

It was just XMR and one of the BTC forks locked?

legendary
Activity: 2296
Merit: 1031
Very interesting times.  People are paying attention to the crypto space again.  privacy coins will get a lot of attention.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
IRS bounty for tracking Monero has already been claimed. But if you know any other one, let me know.

Who took the bounty and what results did they have for the IRS? Chainalysis? They are only good for tracing bitcoin transactions and other blockchains that are not private, similar to zcash and Dash.

They do not have the capability to hack, exploit or break the cryptography behind Monero's privacy.

I believe the "bounty" was also fullfilled by other criteria that did not break Honey Pony's proofs.
It was a cheap FUD move.

Like our incompetent "hacker" who can not proof a thing  Grin Grin Grin
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