Why is an anonymous currency important?
I've heard that side-chains make altcoins redundant?
Topic: [XMR] Monero Community FAQ - page 3. (Read 27951 times)
Very nice explanations.
Bumped and subbed.
Q: Is Monero going to the moon this year or should we waite until next year?
Definitely wait until next year. Price needs to consolidate at a lower level : it will help distribution to more people.
Q: Is Monero going to the moon this year or should we waite until next year?
Q: Why are there so many "self moderated" Monero topics at Bitcointalk ?
A: Because fucktards like Spoetnik like to spam
A: Because fucktards like Spoetnik like to spam
how about putting in the FAQ why there i so many "self moderated" Monero topics at Bitcointalk ?
What are the plans for a new GUI ? Is it something that will be better delayed until the codebase technicals are more established ?
Will Bitcoin mixing algorithms (for example, see https://bitcointalksearch.org/topic/ann-scalable-bitcoin-mixing-on-unequal-inputs-752260) allow Bitcoin users equivalent privacy to Monero?
Answers from the core team:
[...] There are other privacy issues with bitcoin such as widespread address reuse. They are all likely fixable one way or another but frankly look at the pace and direction of bitcoin development and ask yourself how likely that is.
The problem with Bitcoin is not technological at heart, it is human.
Will Bitcoin mixing algorithms (for example, see https://bitcointalksearch.org/topic/ann-scalable-bitcoin-mixing-on-unequal-inputs-752260) allow Bitcoin users equivalent privacy to Monero?
You could choose your own name right? Mine is called wallet.dat and wallet.dat.keys
No problem at all. The donation wallet is donation_general_wallet.bin and even the .bin is optional - it could be monero.wallet or even wallet or important. As long as there is a .keys file attached to it.If the Bytecoin/CryptoNote devs were scammers, how can we trust that the elliptic curve constants in Monero were not chosen maliciously?
see my post in the main thread - i've specifically asked the devs what / how they think of this and their mathematician's view etc. thanks for reminding me about that. 
It's not a new curve. The curve is Ed25519, invented by Dan Bernstein, who's also the inventor of the popular Curve25519 (which is the ECDSA version). The rationale for it is given in page 7-8 here: http://ed25519.cr.yp.to/ed25519-20110926.pdf
Quote
Choice of curve.
Our recommended curve for EdDSA is a twisted Edwards curve birationally equivalent to the curve Curve25519 from. Any efficiently computable birational equivalence preserves ECDLP difficulty, so the well-known difficulty of computing ECDLP for Curve25519 immediately implies the difficulty of computing ECDLP for our curve. We use the name Ed25519 for EdDSA with this particular choice of curve.
Our recommended curve for EdDSA is a twisted Edwards curve birationally equivalent to the curve Curve25519 from. Any efficiently computable birational equivalence preserves ECDLP difficulty, so the well-known difficulty of computing ECDLP for Curve25519 immediately implies the difficulty of computing ECDLP for our curve. We use the name Ed25519 for EdDSA with this particular choice of curve.
Q. Why is there so much volume for Monero on a small exchange like Poloniex and why does it not really affect the price significantly?
1. Poloniex dumped LTC for XMR pairing a few weeks ago, so i suspect that is why the volume is so high.
2. Because, the price is based on the difficulty of mining it as well as supply/demand, and other market factors beyond anyone's control ie miners dumping and whales etc.
If the Bytecoin/CryptoNote devs were scammers, how can we trust that the elliptic curve constants in Monero were not chosen maliciously?
see my post in the main thread - i've specifically asked the devs what / how they think of this and their mathematician's view etc. thanks for reminding me about that.
Q. Why is there so much volume for Monero on a small exchange like Poloniex and why does it not really affect the price significantly?
Q. Why do people make so many threads about Monero?
When will Monero reach DRK prices? its about time.
Price means nothing. Market cap is important though
IMO before the end of next month the two will cross. The only real competition at this point is BTCD
When will Monero reach DRK prices? its about time.
Price means nothing. Market cap is important though
IMO before the end of next month the two will cross. The only real competition at this point is BTCD
When will Monero reach DRK prices? its about time.
It already did and if you look at DRK/XMR, it is doing it again.But this is unrelated to the FAQ, even we have some FAQ entries related to pricing.
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