Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 849. (Read 4671660 times)

Quote from: MikeCorleone on April 09, 2015, 10:06:51 AM

In addition to polo and bter, bittrex also supports it, along with hitbtc (not recommended), shapeshift, xmr.to. In the past Kozi's defunct exchange.to and mintpal did, and probably at least one or two other smaller/defunct exchanges.

Why is hitbtc not recommended?

Many reports of faked volume (which I can confirm by my own experience trading there), problems with withdrawals (which I never experienced), etc.

Here's one post that cites a variety of sources reporting some of these problems:

my personal experience with hitbtc : (paste from a previous post)

Quote

in february all withdrawal (btc,xmr...) were impossible during several weeks (don't remenber how many...). their communication was something like "our security is perhaps weak so the withdrawal are suspended, we inspect...".
Finally i can withdraw my funds the 24/02. nothing was lost but it was stressful.

and i also suspected a high proportion of "fake" trade but i haven't any proof.
i don't use hitbtc anymore and i will not.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

mr Unknown becomes huuuuuge:

https://monerohash.com/#network

50.8% right now Shocked

btw this address, a known botnet:

Code:

47mfwjL8L95HJUj6iXUmdUe3K63brRcxrWKqeiPVLKosjYPQdfzqWFFStjL2mtEzNsX1fisa4W1SwZLHsiZPWdFe5UpBF7s

has allready mined 45k xmr on cryptmonero.com

not a lot when we consider how long it is allready up, but maybe the new version points at the unknown pool now. both have this oscilating curve

kkraus69

full member

Activity: 177

Merit: 100

I've bought and sold many, many XDN (which I got on the cheap there Wink

) through HitBTC over the last year and have communicated with them as well over a withdrawal issue I once had a few months back which was quickly rectified. It's nice that I can deposit my XDN there with no confirmation wait unlike other exchanges. That being said, people should never store coins on any exchange. I've since withdrawn some XDN to try a new feature which let's me deposit to the blockchain.

My opinion of HitBTC is that it is one of my favorites.

Quote from: smooth on July 19, 2015, 08:35:28 AM

Quote from: child_harold on July 19, 2015, 07:39:56 AM

Quote from: MikeCorleone on April 09, 2015, 10:06:51 AM

In addition to polo and bter, bittrex also supports it, along with hitbtc (not recommended), shapeshift, xmr.to. In the past Kozi's defunct exchange.to and mintpal did, and probably at least one or two other smaller/defunct exchanges.

Why is hitbtc not recommended?

Many reports of faked volume (which I can confirm by my own experience trading there), problems with withdrawals (which I never experienced), etc.

Here's one post that cites a variety of sources reporting some of these problems:

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: child_harold on July 19, 2015, 07:39:56 AM

Quote from: MikeCorleone on April 09, 2015, 10:06:51 AM

In addition to polo and bter, bittrex also supports it, along with hitbtc (not recommended), shapeshift, xmr.to. In the past Kozi's defunct exchange.to and mintpal did, and probably at least one or two other smaller/defunct exchanges.

Why is hitbtc not recommended?

Many reports of faked volume (which I can confirm by my own experience trading there), problems with withdrawals (which I never experienced), etc.

Here's one post that cites a variety of sources reporting some of these problems:

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: smooth on July 19, 2015, 06:25:15 AM

In addition to polo and bter, bittrex also supports it, along with hitbtc (not recommended), shapeshift, xmr.to. In the past Kozi's defunct exchange.to and mintpal did, and probably at least one or two other smaller/defunct exchanges.

Why is hitbtc not recommended?

dNote

hero member

Activity: 896

Merit: 1000

Quote from: dNote on July 19, 2015, 06:19:32 AM

Quote from: smooth on July 19, 2015, 06:09:50 AM

Quote from: dNote on July 19, 2015, 06:19:32 AM

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.

But back end matters. Why just not to release a full source code for everyone to check it. If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

It has been stated that it will be released.

For security of funds the back end does not matter. The transactions are created and signed in the front end. The back end simply relays them, which is no different in function from any other node.

For the money transferring operation every part of source code matter. I do not know what do you have at back end => why should i trust you?
You may spy on my transactions (i don`t say you do), or do anything you want.

I'm pretty sure it is stated in the terms of service that MyMonero does monitor your transactions to some extent (indeed it has to in order to function). If you want the highest level of privacy you should use your own private wallet (and also take care to prevent network-level spying).

So there is no issue of security with spying, since that is part of the normal functioning.

If you are concerned about the security of your funds you can review the JavaScript to see that the private spend keys are never sent to the back end (only view keys are).

Ok.
But anyway, some day i would like to see a source code. Wink

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: smooth on July 19, 2015, 06:09:50 AM

Quote from: smooth on July 19, 2015, 06:09:50 AM

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.

But back end matters. Why just not to release a full source code for everyone to check it. If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

It has been stated that it will be released.

For security of funds the back end does not matter. The transactions are created and signed in the front end. The back end simply relays them, which is no different in function from any other node.

For the money transferring operation every part of source code matter. I do not know what do you have at back end => why should i trust you?
You may spy on my transactions (i don`t say you do), or do anything you want.

I'm pretty sure it is stated in the terms of service that MyMonero does monitor your transactions to some extent (indeed it has to in order to function). If you want the highest level of privacy you should use your own private wallet (and also take care to prevent network-level spying).

So there is no issue of security with spying, since that is part of the normal functioning.

If you are concerned about the security of your funds you can review the JavaScript to see that the private spend keys are never sent to the back end (only view keys are).

dNote

hero member

Activity: 896

Merit: 1000

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.

But back end matters. Why just not to release a full source code for everyone to check it. If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

It has been stated that it will be released.

For security of funds the back end does not matter. The transactions are created and signed in the front end. The back end simply relays them, which is no different in function from any other node.

For the money transferring operation every part of source code matter. I do not know what do you have at back end => why should i trust you?
You may spy on my transactions (i don`t say you do), or do anything you want.
Also i can`t "play" with my own variant and verify security for my purposes, since there is no source code.
Close sourced wallet is a close sourced wallet.

smooth

legendary

Activity: 2968

Merit: 1198

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.

But back end matters. Why just not to release a full source code for everyone to check it. If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

It has been stated that it will be released.

For security of funds the back end does not matter. The transactions are created and signed in the front end. The back end simply relays them, which is no different in function from any other node.

dNote

hero member

Activity: 896

Merit: 1000

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.

But back end matters. Why just not to release a full source code for everyone to check it. If we are talking about wallets for "money units" transfer closed source code is a critical issue for trust.

smooth

legendary

Activity: 2968

Merit: 1198

Another reason is a security. Since https://mymonero.com/ is a centralized app (or am i wrong) it is quite critical to observe the source code.

There is a back end that is not released, but the functions it performs are relatively simple, and do receive the spend keys at all (see next sentence). Most of the functionality, including all operations on spend keys, are done using JavaScript code you can view in your browser.

Calabi–Yau Manifold

sr. member

Activity: 462

Merit: 250