[XMR] Monero - A secure, private, untraceable cryptocurrency - page 700.

coins101

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Quote from: smooth on January 18, 2016, 05:50:54 PM

Quote from: coins101 on January 18, 2016, 05:46:22 PM

Confidential transactions in bitcoin, as a soft fork:

One of the credible devs disputed whether it can really be done with a soft fork, though I'm skeptical that it couldn't. I don't remember whether it was on that list or somewhere else.

Anyway, I'll believe it when I see it. Bitcoin is mired in debate over every little thing.

1. I think the issue is too big to be ignored and there is generally cross party support for privacy.

2. The Blockstream devs behind CT are more than competent enough to make it happen, their biggest hurdle was the potential need for a hard fork event.

3. Enabling privacy as an adjunct make things easier.

The relatively small political hurdles, the reduced technical hurdles and the substantial potential benefits would suggest this could happen this year or next.

dEBRUYNE

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Quote from: coins101 on January 18, 2016, 05:46:22 PM

Confidential transactions in bitcoin, as a soft fork:

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2016-January/012194.html

Genuinely interested to hear views about this and if it will impact xmr the most, which I think is likely given the ongoing development of xmr and the substantial first mover advantage bitcoin has over every project.

You might want to read this -> https://www.reddit.com/r/Monero/comments/41ktxm/if_bitcoin_adds_confidential_transactions_like/

For the lazy ones:

Question:

Quote

If Bitcoin adds confidential transactions like Adam Back has been talking about, what value will Monero really have to offer above and beyond Bitcoin?

Fluffypony's answer:

Quote

To paraphrase Greg Maxwell, the creator of Confidential Transactions, CT does nothing to hide the "transaction graph", or "transaction metadata". Unfortunately, cute terminology aside, the transaction metadata is the very thing that reveals your transactions. How much you donated to Terribly Racist Slighly-Left-Wing Party Inc. is irrelevant, the fact that your donation can be traced back to you by your boss, your government, your friends, your coworkers, is a Pretty Big Deal^tm.

About the best Bitcoin could do is implement Confidential Transactions for every transaction, and then implement some sort of exceptionally well designed CoinJoin system (one where participants cannot be revealed even through Sybil attacks) on a protocol layer, enforced for every transaction. And even then, in spite of the terrible blockchain bloat that would occur, they'd still not have solved the issue of transactions being linked to IP addresses...

My additional answer:

Quote

First of all, bear in mind that the Confidential Transactions that were proposed for Bitcoin only hide amounts. Thus, sender/receiver addresses are still visible and therefore it doesn't solve linkability nor traceability problems.

Additionally, it doesn't hide metadata. This problem will be mitigated/solved in the future by Monero with I2P integration -> http://podbay.fm/show/1032156854/e/1451151298?autostart=1 & https://github.com/monero-project/kovri

~~u/fluffyponyza posted a more detailed reply about this a while ago:~~ (which I unfortunately have to post later, I posted it on a site which is down currently and have no other way of finding it).

EDIT: If you want more info regarding untraceability, unlinkability, how Monero works in general and comparing Monero vs Bitcoin, watch this vid -> https://www.youtube.com/watch?v=GEVm1dMn5Ks. The comparison starts at 13:00.

wpalczynski

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Quote from: coins101 on January 18, 2016, 05:46:22 PM

Confidential transactions in bitcoin, as a soft fork:

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2016-January/012194.html

Genuinely interested to hear views about this and if it will impact xmr the most, which I think is likely given the ongoing development of xmr and the substantial first mover advantage bitcoin has over every project.

Introducing any anonymity into Bitcoin would be viewed as a breach of the social contract by the majority of the people responsible for the more than Billion dollars in VC money invested up to now. In addition the soft touch regulation we have seen applied in most parts of the world to this new financial paradigm would surely change drastically.

smooth

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Quote from: coins101 on January 18, 2016, 05:46:22 PM

Confidential transactions in bitcoin, as a soft fork:

One of the credible devs disputed whether it can really be done with a soft fork, though I'm skeptical that it couldn't. I don't remember whether it was on that list or somewhere else.

Anyway, I'll believe it when I see it. Bitcoin is mired in debate over every little thing.

EDIT: CT also does not keep metadata private. That is very important.

Quote from: https://www.reddit.com/r/Monero/comments/41ktxm/if_bitcoin_adds_confidential_transactions_like/cz36xy8

How much you donated to Terribly Racist Slighly-Left-Wing Party Inc. is irrelevant, the fact that your donation can be traced back to you by your boss, your government, your friends, your coworkers, is a Pretty Big Deal^tm --fluffypony

coins101

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Confidential transactions in bitcoin, as a soft fork:

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2016-January/012194.html

Genuinely interested to hear views about this and if it will impact xmr the most, which I think is likely given the ongoing development of xmr and the substantial first mover advantage bitcoin has over every project.

bitebits

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Flippin' burgers since 1163.

Just posting to follow this thread, great to see that there is so much discussion going on (I was actually only aware of the Monero Speculation thread, did not still expect activity in the Announcements section).

dEBRUYNE

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Quote from: pönde on January 18, 2016, 02:25:34 PM

Quote from: pönde on January 17, 2016, 03:47:52 PM

Quote from: nioc on January 17, 2016, 03:43:15 PM

Quote from: pönde on January 17, 2016, 03:30:51 PM

Why it is not possible to withdraw xmr from bittrex.com? XMR can be exchanged to BTC and BTC can be withdrawn but XMR can not be directly withdrawn. Why?

Sorry if this is not right thread for this question.

Did you ask bittrex? I have no idea how quick their support is.

It was working yesterday. I have seen this happen before on bittrex with Monero as well as other coins. It usually lasts less than a day.

Ok. Thanks.

I have not yet asked of bittrex what is the problem.

I also can remember these issues with bittrex. This is why I hold most of my coins in my own wallet. I think I will now take every coin out off bittrex.

Ok. Today XMR withdrawals were possible.

Quote from: dEBRUYNE on January 18, 2016, 08:49:09 AM

Quote from: pönde on January 18, 2016, 07:44:52 AM

Hey Coinwarz says there will be 18,446,744,073,709,551,616 Moneros to be issued.
http://www.coinwarz.com/cryptocurrency/coins/monero

Could someone please inform them about the real number which is about 18 million.

It's ~2^64 actually, but the problem with Coinwarz is that they used a comma instead of a dot after 18,446,744.

Well that is a lot of coins. I do know that after all the 18 million coins are mined, there is about 1% annual emission to secure the profitable mining after that. But ~2^64 coins is new for me.

Anyway, could someone do a comparison of XMR/DASH and post it here? There is an other thread on bitcointalk of this issue, but it does not look very active.

This compares the anonymity of both -> http://blog.makemoneywhileyouwork.com/2016/01/11/using-alt-coins-to-mix-bitcoins/

I don't think there is a detailed comparison of other features/fundamentals currently.

Thanks smooth for correcting me btw.

XMRpromotions

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Quote from: pönde on January 18, 2016, 02:25:34 PM

Ok. Today XMR withdrawals were possible.

What mixin did they use for your transaction?

smooth

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Quote from: pönde on January 18, 2016, 02:25:34 PM

Quote from: dEBRUYNE on January 18, 2016, 08:49:09 AM

Quote from: pönde on January 18, 2016, 07:44:52 AM

Hey Coinwarz says there will be 18,446,744,073,709,551,616 Moneros to be issued.
http://www.coinwarz.com/cryptocurrency/coins/monero

Could someone please inform them about the real number which is about 18 million.

It's ~2^64 actually, but the problem with Coinwarz is that they used a comma instead of a dot after 18,446,744.

Well that is a lot of coins. I do know that after all the 18 million coins are mined, there is about 1% annual emission to secure the profitable mining after that. But ~2^64 coins is new for me.

Not 2^64 coins. 2^64 atomic units, where each unit is 0.000000000001 XMR. That comes to 18m+ coins, which is the base supply.

Nik4691

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Quote from: pönde on January 18, 2016, 02:25:34 PM

Anyway, could someone do a comparison of XMR/DASH and post it here? There is an other thread on bitcointalk of this issue, but it does not look very active.

A comparison of XMR/DASH?
Well... that is new to me.
Why you think that there is something like this?

pönde

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Quote from: pönde on January 17, 2016, 03:47:52 PM

Quote from: nioc on January 17, 2016, 03:43:15 PM

Quote from: pönde on January 17, 2016, 03:30:51 PM

Why it is not possible to withdraw xmr from bittrex.com? XMR can be exchanged to BTC and BTC can be withdrawn but XMR can not be directly withdrawn. Why?

Sorry if this is not right thread for this question.

Did you ask bittrex? I have no idea how quick their support is.

It was working yesterday. I have seen this happen before on bittrex with Monero as well as other coins. It usually lasts less than a day.

Ok. Thanks.

I have not yet asked of bittrex what is the problem.

I also can remember these issues with bittrex. This is why I hold most of my coins in my own wallet. I think I will now take every coin out off bittrex.

Ok. Today XMR withdrawals were possible.

Quote from: dEBRUYNE on January 18, 2016, 08:49:09 AM

Quote from: pönde on January 18, 2016, 07:44:52 AM

Hey Coinwarz says there will be 18,446,744,073,709,551,616 Moneros to be issued.
http://www.coinwarz.com/cryptocurrency/coins/monero

Could someone please inform them about the real number which is about 18 million.

It's ~2^64 actually, but the problem with Coinwarz is that they used a comma instead of a dot after 18,446,744.

Well that is a lot of coins. I do know that after all the 18 million coins are mined, there is about 1% annual emission to secure the profitable mining after that. But ~2^64 coins is new for me.

Anyway, could someone do a comparison of XMR/DASH and post it here? There is an other thread on bitcointalk of this issue, but it does not look very active.

medusa13

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hello world

looks like it has stopped now.

yeah maybe it was a big trx..but wouldnt come more trx with the same block then? is the limit 20 kB?
maybe it was a dev with the new "transaction seed" version Cool

fluffypony

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GetMonero.org / MyMonero.com

Quote from: Hueristic on January 18, 2016, 01:18:32 PM

There should be a link to this list in the OP under "Source and binaries" titled "previous versions" and the list should be kept updated in a thread on getmonero.org if it isn't already (I couldn't find one).

There isn't one - we were reorganising the contents of the download server, so it was in a bit of flux. We'll add a list of old versions to the site in the coming weeks.

fluffypony

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GetMonero.org / MyMonero.com

Quote from: medusa13 on January 18, 2016, 01:12:29 PM

no, these are not withdrawls.

-they use mixing 5
-most are very small/have more or less same size

could be pool payouts but i dont think so too.

maybe they found another exploit and prepare an attack now.

They're all around the median, looks to me like someone is moving funds on a wallet with LOTS of inputs, and transfer_split has split it up over many transactions.

FWIW a few months back I sent someone 100k XMR on testnet from my testnet mining wallet, and that was split over something crazy like 130 transactions.

Hueristic

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Doomed to see the future and unable to prevent it

dEBRUYNE

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Btw, fluffypony posted this link yesterday in #monero. It contains the links to all previous binaries (including really old versions). This is very convenient for people that have some issues with old wallets.

http://fpaste.org/311755/45305232/

Quote

@medusa13, average size seems to be around 20 KB, which is pretty normal. Also, amount of transactions per block is relatively low. Bear in mind that during the first malicious fork, the block contained over 500 transactions.

medusa13

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hello world

no, these are not withdrawls.

-they use mixing 5
-most are very small/have more or less same size

could be pool payouts but i dont think so too.

maybe they found another exploit and prepare an attack now.

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: medusa13 on January 18, 2016, 01:05:27 PM

the trx are all mixed. seems more like a try to push up blocksize? it looks like they try to make big trx by design?
this has to be an attack ..?

Not unexpected, This coin is a serious threat so it is a prime target especially during a update with an upcoming hard fork. These attacks should have come as no surprise whatsoever. And I'm sure various scenarios were checked out on testnet during that long testing period. although it would not be conducive to the security of the network to release exactly what was tested for for obvious reasons.

GingerAle

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Quote from: jwinterm on January 18, 2016, 01:04:02 PM

Quote from: medusa13 on January 18, 2016, 12:59:20 PM

is someone spaming the blockchain?

it seems to have started ~7h from now, somewhere around block 917600

I guess if you're gonna do it, now's the time to do it, since after hardfork it will be a bit more costly with minimum mixin enforced.

It could also be a lot more activity now that bittrex and poloniex are working again. I see a lot of mixins.

Looks like a lot of mining dust. Could be a bonnet operator trying to move funds, or in general a miner. Whoever it is, they might be spreading out their transactions to stay within the block size limits, or they've made their own script to help counter the time correlation identifier information ( if I understand that Mrl report)

medusa13

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hello world

the trx are all mixed. seems more like a try to push up blocksize? it looks like they try to make big trx by design?
this has to be an attack ..?

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 700. (Read 4671660 times)