Author

Topic: [XMR] Monero Speculation - page 1203. (Read 3314325 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 21, 2016, 07:32:42 PM
...
How are we as a community supposed to monitor the security of the project from the outside without the simple things I've asked for? You guys try to lynch me when I ask FOR FUCKING LOGS!!!!!!!!!!!!!!!

If they don't exist say so. I'd rather see shoddy development then have my questions skirted. Scammers don't answer questions. I never thought I'd see that attitude here.

Nobody is trying to lynch you for asking for something, they're just not complying with your demands. It's not exactly polite decorum to say, "IRC sucks and I refuse to use it, but if someone doesn't give me the logs of IRC conversations I'm going to rage and make implications about scamming."

You are aware that there is a stack exchange site now designed for getting answers to specific technical questions. I actually kind of tried to ask the question for you here:
http://monero.stackexchange.com/questions/808/why-was-0mq-selected-to-replace-the-current-rpc-system

The answerers didn't get into specifics of vetting the security of the system that much, but there are some extremely knowledgeable and dedicated folks answering practically every question there. If you're able to formulate a semi-coherent question, I think that would be the best place to get an in-depth answer that will be preserved and easily searchable for a wider swath of users, not just shitcointalkers.



Thanks for that link, yeah it doesn't really answer my questions. FYI the reason I want the logs is so that I don't ask questions that have already been answered. I do try to research before asking questions. Problem is I have a ton of questions that really have to be answered in order, as many will answer themselves. For instance, can ZMTP be implemented with a different curve for future proofing? Is it nothing more than a library change or is it baked in?  

BTW I have asked this on other sites FYI this one might have been a good place to ask don't you think? Look where's the response?

http://forum.getmonero.org/9/work-in-progress/2564/0mq-by-tewinget?page=&noscroll=1#post-5045

Shit said I would drop it. OK I can't remember half the shit I wanted to ask anyway.

DAMMIT, I missed 1k on the delete bye one post again!
legendary
Activity: 2604
Merit: 1748
August 21, 2016, 07:10:22 PM
Nope, I said I used to have those skills and they have deteriorated and I can no longer function in that area.

Ah, fair enough. I apologize for that part then, I remembered wrong.


NP. Smiley

shit missed the 1000.

Anyway I'm gonna get back on this in the main thread after everything slows down again. This is not the thread for it anyway. But at least here smooth can nuke it.

Seems you're on page 1000 now....

It's only a number, but a nice round one, which we humans seem to enjoy marking as landmarks.

Good to see price up at well over the 41 level in time for it.  Now I need it to let me buy back as I have not been around and seem to have a few of my sell points hit - so can we have a quick flash crash and bounce back now, please?

Thanks in anticipation ;-)


EDIT: Back to page 999 now... Someone deleting posts to keep the page count down? Whale manipulation!
legendary
Activity: 1610
Merit: 1004
August 21, 2016, 07:07:43 PM

If Satoshi is still alive I'm sure he or she is aware of Monero. In this post Satoshi mentions "group signatures", which is the foundation for the usage of ring signatures in the Cryptonote protocol.

Quote
Crypto may offer a way to do "key blinding".  I did some research and it was obscure, but there may be something there.  "group signatures" may be related...As an example, say some unpopular military attack has to be ordered, but nobody wants to go down in history as the one who ordered it.  If 10 leaders have private keys, one of them could sign the order and you wouldn't know who did it.

https://bitcointalksearch.org/topic/m.9074

legendary
Activity: 2968
Merit: 1198
August 21, 2016, 07:04:44 PM
Alphabay/Oasis is like the perfect, organic PR campaign we were discussing a few pages ago, descending from heavens, packet and ready to go.

This gives a good idea how significant this is. I'm sure it is not uncommon (emphasis added):

Could you give me a couple of the benefits of Monero? I've never heard of it before and don't even know how to acquire it, although I can't imagine its much different than btc
legendary
Activity: 3164
Merit: 1118
August 21, 2016, 07:00:07 PM
...
How are we as a community supposed to monitor the security of the project from the outside without the simple things I've asked for? You guys try to lynch me when I ask FOR FUCKING LOGS!!!!!!!!!!!!!!!

If they don't exist say so. I'd rather see shoddy development then have my questions skirted. Scammers don't answer questions. I never thought I'd see that attitude here.

Nobody is trying to lynch you for asking for something, they're just not complying with your demands. It's not exactly polite decorum to say, "IRC sucks and I refuse to use it, but if someone doesn't give me the logs of IRC conversations I'm going to rage and make implications about scamming."

You are aware that there is a stack exchange site now designed for getting answers to specific technical questions. I actually kind of tried to ask the question for you here:
http://monero.stackexchange.com/questions/808/why-was-0mq-selected-to-replace-the-current-rpc-system

The answerers didn't get into specifics of vetting the security of the system that much, but there are some extremely knowledgeable and dedicated folks answering practically every question there. If you're able to formulate a semi-coherent question, I think that would be the best place to get an in-depth answer that will be preserved and easily searchable for a wider swath of users, not just shitcointalkers.

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 21, 2016, 06:55:13 PM
Nope, I said I used to have those skills and they have deteriorated and I can no longer function in that area.

Ah, fair enough. I apologize for that part then, I remembered wrong.


NP. Smiley

shit missed the 1000.

Anyway I'm gonna get back on this in the main thread after everything slows down again. This is not the thread for it anyway. But at least here smooth can nuke it.
legendary
Activity: 1276
Merit: 1001
August 21, 2016, 06:52:30 PM
Nope, I said I used to have those skills and they have deteriorated and I can no longer function in that area.

Ah, fair enough. I apologize for that part then, I remembered wrong.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 21, 2016, 06:47:28 PM
We're at $2.46 ... can we please not talk about $1000?

The most likely scenario is that XMR will fail.

How?

It looks to me like there will be a replacement as the development progress has slowed to a crawl.

This is kind of an insult to everyone working on Monero currently. I'd argue that with the RingCT development, 0MQ development, GUI development, the conventional adding of features, and fixing bugs, the development is way more active than last summer.

And I'm still waiting on the log files for the dev discussion of the reasoning and vetting of Zmtp. Not to mention fluffy offhandedly syted that zmpt would be replacing json on remote calls and i've not seen that discussed anywhere, Has this just become the cult of fluffy and what he says goes? 0mq and gui are crowdfunded right? What is dev fund going to? I've never had anything but praise for NobleSir and ringCT is a great boon. And I don't think Noblesir gets funds from the dev fund does he? But a global remark can have exceptions so don't focus on one and try to disprove by that outlier.

Quote
Popularity

Curve25519 was first released by Daniel J. Bernstein in 2005,[7] but interest increased considerably after 2013 when it was discovered that the NSA had implemented a backdoor into Dual EC DRBG. While not directly related,[8] suspicious aspects of the NIST's P curve constants[9] led to concerns[10] that the NSA had chosen values that gave them an advantage in factoring[11] public keys.[12]

    I no longer trust the constants. I believe the NSA has manipulated them through their relationships with industry
    — Bruce Schneier, The NSA Is Breaking Most Encryption on the Internet (2013)

Since then, Curve25519 has become the de facto alternative to P-256, and is used in a wide variety of applications.[13] In 2014 OpenSSH[14] defaults to Curve25519-based ECDH.

https://en.wikipedia.org/wiki/Curve25519

I agree that Wikipedia article isn't as clear as it could be - in that the context of the Bruce Schneier quote isn't particularly clear to readers not familliar with the history of the curves being discussed here.  But I assure you that Bruce was not talking about Curve25519 there.

The reason for the inclusion of that particular quote in the article is to explain why Curve25519 has become popular in recent years:  there are concerns about the choice of constants in other curves, which has resulted in many more people using Curve25519 precisely because there are no such concerns with Curve25519.

Curve25519 is generally considered to be safe.  That said, there are those who worry (Bruce Schneier included) that the NSA may have made advances in the cryptanalysis of ECC in general - but if that's the case then any attacks might affect all curves - or at least, we have no way of knowing which curves are vulnerable.  If that were to be the case, it would be a concern for pretty much all cyrptocurrencies, though - potentially necessitating a move to larger keys (depending on how bad the attack is).

Actually, using a different curve to the one used by Bitcoin and most other coins is a good thing because it gives the market an opportunity to hedge the risk by holding coins that use different curves.  If an attack on ECC is found (by the NSA or someone else) it's quite possible (although by no means a given) that the attack might work better against some curves than others - although there's no real way to know which curves are safer in advance of the attack being found.


Concern for that common seed attack is the reason eds adds entropy correct?

Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

I suggest you seek professional financial advice from someone licensed to do such a thing.

With all the experience on this thread I thought that's what I was doing.
 Wink

Picked up a few k though. Hope it pays off.

Experienced != Legally Licensed to give financial advice.

Nor non-agenda!


Can you stop wasting everyone's time ?

Pretty much every post you make is you crying wolf over something you found by keyword matching, and expecting people to reply to your huge sense of entitlement. That's why people ignore you.

Aren't you the one who said who had the skills to help out, but wouldn't do it because we didn't have a map of the code or something ?


Nope, I said I used to have those skills and they have deteriorated and I can no longer function in that area. I really wish I could. If your lucky you'll never have to deal with loss of skills. Anyway nothing is perfect and XMR is the best ALT (actually better than BTC in my mind still) but I do see flaws specifically in the development not being transparent enough.

How are we as a community supposed to monitor the security of the project from the outside without the simple things I've asked for? You guys try to lynch me when I ask FOR FUCKING LOGS!!!!!!!!!!!!!!!

If they don't exist say so. I'd rather see shoddy development then have my questions skirted. Scammers don't answer questions. I never thought I'd see that attitude here.
legendary
Activity: 1276
Merit: 1001
August 21, 2016, 06:25:58 PM
Can you stop wasting everyone's time ?

Pretty much every post you make is you crying wolf over something you found by keyword matching, and expecting people to reply to your huge sense of entitlement. That's why people ignore you.

Aren't you the one who said who had the skills to help out, but wouldn't do it because we didn't have a map of the code or something ?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 21, 2016, 06:18:52 PM
...
Dude why don´t you just come up into the IRC and ask the questions directly, instead of hoping fluffy is tripping over them here. And if he is not there maybe someone else is capable of answering you

Tripping over them? What? We were in the middle of a conversation and I waited a week for him to answer before I even bumped it. XMR started here and it's where I go to talk about it. And apparently no-one else wanted to address the issue.

Stop acting like i kicked your dog, someone asked a question and I answered honestly. That is all I have done the years I have been posting here. I also prefer to have my questions answered in the main thread as it is a good repository I can search. I hate keeping logs.

I'm fairly certain if you were willing to go out of your way to get the answers to questions you have, you would already have answers. There are other means of communicating than this forum.

Interesting how my offhanded remark (answer to someone else) got sidetracked. If I was losing sleep over it I would have made it an issue then. I just see it as a negative that the conversation got halted before I got to the crux of the conversation which was why add in a protocol with an the same curve we may have to fork away. It didn't make sense from a security standpoint and I wanted a simple answer to the vetting process which instead of getting an answer I got completely ignored. which in itself makes my tinfoil hat tingle.
hero member
Activity: 672
Merit: 500
August 21, 2016, 04:37:45 PM
What I am anticipating (which no one can 100% accurately predict) is when will there be the first big XMR theft or hack. This could mean that Poloniex or another exchange or marketplace gets hacked (not saying they will, but it has a > 0% chance of happening).

That could be an interesting precedent in how the economy/law enforcement etc react to such a theft/hack.

Up until now there hasn't been "news-worthy" hacks/thefts of XMR...yet.

I suspect it will happen sooner or later and price may or may not take a dump. From past experience all hacks are followed with price dumps.

Probably after monero has a bull run will it be worth a hacker stealing some XMR.

All just speculation for now...

No different than ETH being on Poloniex and going through a rise. Polo has not been hacked in recent times. Back in the day yes. But not in the past couple years. I highly doubt a hack will come to a big exchange. I have been watching XMR for years and I really think this coin can do well. DNM adoption is big time deal...if AlphaBay does follow...this is unprecedented news. This could be the first truly private currency we have ever had. - BTC was the first decentralized digital currency and solves many issues. Monero solves privacy. - dash may be private to some extent and may have a place in the future....but XMR if used by the blackmarket will be an obvious powerhouse. If a vendor knows the fundamentals of this currency and transacts in it if he/she were smart they would also hold /store their wealth in XMR. - cash out to BTC / DASH when needed....  buying XMR now could potentially be a massive discount on product across all DNM's in the future if they all adopt it. SO early supporters of XMR will have firesale discounts on products across the dark web.

- Also I know XMR is in no way associated with the DarkNET....just pointing out that this will benefit the currency. Also give it more value as their is a major economy now behind it.

Privacy features in a crypto currency do not negate the ability/possibility for thefts/hacks.

Bitfinex is just the most recent exchange hack of the long list of hacks and thefts. XMR can have the same type of events happen. I do not see how you could highly doubt a big exchange could be hacked.

My mistake I did not mean that. You are right there. Yes that could theoretically happen. Either way these are exiting times for XMR indeed.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
August 21, 2016, 04:24:02 PM
Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

I suggest you seek professional financial advice from someone licensed to do such a thing.

With all the experience on this thread I thought that's what I was doing.
 Wink

Picked up a few k though. Hope it pays off.

Experienced != Legally Licensed to give financial advice.

Legally Licensed to give financial advice != even remotely competent to do so.

And no one can really be the judge of that.

Coming into this thread seeking financial advice in my view is very flawed. That was my point.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
August 21, 2016, 04:15:18 PM
What I am anticipating (which no one can 100% accurately predict) is when will there be the first big XMR theft or hack. This could mean that Poloniex or another exchange or marketplace gets hacked (not saying they will, but it has a > 0% chance of happening).

That could be an interesting precedent in how the economy/law enforcement etc react to such a theft/hack.

Up until now there hasn't been "news-worthy" hacks/thefts of XMR...yet.

I suspect it will happen sooner or later and price may or may not take a dump. From past experience all hacks are followed with price dumps.

Probably after monero has a bull run will it be worth a hacker stealing some XMR.

All just speculation for now...

No different than ETH being on Poloniex and going through a rise. Polo has not been hacked in recent times. Back in the day yes. But not in the past couple years. I highly doubt a hack will come to a big exchange. I have been watching XMR for years and I really think this coin can do well. DNM adoption is big time deal...if AlphaBay does follow...this is unprecedented news. This could be the first truly private currency we have ever had. - BTC was the first decentralized digital currency and solves many issues. Monero solves privacy. - dash may be private to some extent and may have a place in the future....but XMR if used by the blackmarket will be an obvious powerhouse. If a vendor knows the fundamentals of this currency and transacts in it if he/she were smart they would also hold /store their wealth in XMR. - cash out to BTC / DASH when needed....  buying XMR now could potentially be a massive discount on product across all DNM's in the future if they all adopt it. SO early supporters of XMR will have firesale discounts on products across the dark web.

- Also I know XMR is in no way associated with the DarkNET....just pointing out that this will benefit the currency. Also give it more value as their is a major economy now behind it.

Privacy features in a crypto currency do not negate the ability/possibility for thefts/hacks.

Bitfinex is just the most recent exchange hack of the long list of hacks and thefts. XMR can have the same type of events happen. I do not see how you could highly doubt a big exchange could be hacked.
sr. member
Activity: 283
Merit: 250
August 21, 2016, 04:12:01 PM
Time to break 0.0045 and watch the short stop trigger parade!
legendary
Activity: 2016
Merit: 1259
August 21, 2016, 03:14:18 PM
Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

I suggest you seek professional financial advice from someone licensed to do such a thing.

With all the experience on this thread I thought that's what I was doing.
 Wink

Picked up a few k though. Hope it pays off.

Experienced != Legally Licensed to give financial advice.

Legally Licensed to give financial advice != even remotely competent to do so.
hero member
Activity: 672
Merit: 500
August 21, 2016, 02:52:21 PM
This is the best news for Monero so far in my opinion.


In all honesty brother, do you think XMR will reach 5 USD this year?


What is your ATH prediction for by December this year?


P.S. - Nice Avatar ...Legendary show from my day

To be honest I have no idea how high the price will go. I think it will go higher from here but how high - I lack of tools to analyse it and if someone tells what the price will be after a few months (assuming no ability to control the price) I think he lies.
Sure we can guess different scenarios and probabilities for each of them, but also those are at best only guesses. My advice is to dry Poloniex from Moneros completely and let only the miners sell to Darkmarkets their coins. By this way the price of Monero probably goes quite high (especially due to the fact that mining supply is also draining).
5 USD is a possibility, 0.5 USD also and I am not saying it cannot go to 50 USD by the end of 2016 either.

Scrooge McDuck taught me to appreciate money, therefore I owe him. He taught the solid principles of how to make money and how to treat it.

Thank you for the insight brother. - good luck in your future
legendary
Activity: 1092
Merit: 1000
August 21, 2016, 02:48:37 PM
This is the best news for Monero so far in my opinion.


In all honesty brother, do you think XMR will reach 5 USD this year?


What is your ATH prediction for by December this year?


P.S. - Nice Avatar ...Legendary show from my day

To be honest I have no idea how high the price will go. I think it will go higher from here but how high - I lack of tools to analyse it and if someone tells what the price will be after a few months (assuming no ability to control the price) I think he lies.
Sure we can guess different scenarios and probabilities for each of them, but also those are at best only guesses. My advice is to dry Poloniex from Moneros completely and let only the miners sell to Darkmarkets their coins. By this way the price of Monero probably goes quite high (especially due to the fact that mining supply is also draining).
5 USD is a possibility, 0.5 USD also and I am not saying it cannot go to 50 USD by the end of 2016 either.

Scrooge McDuck taught me to appreciate money, therefore I owe him. He taught the solid principles of how to make money and how to treat it.
hero member
Activity: 672
Merit: 500
August 21, 2016, 01:59:05 PM
This is the best news for Monero so far in my opinion.


In all honesty brother, do you think XMR will reach 5 USD this year?


What is your ATH prediction for by December this year?


P.S. - Nice Avatar ...Legendary show from my day
legendary
Activity: 1092
Merit: 1000
August 21, 2016, 01:35:54 PM
This is the best news for Monero so far in my opinion.
legendary
Activity: 1610
Merit: 1004
August 21, 2016, 12:43:51 PM
Truly private currency. I think as more people begin to grasp cryptonote protocol they will begin to realize this....

game changing?

Anyone know what the price of BTC went to when added to SR back in the day?


Looks like news is official as of 2hrs ago: Oasis XMR ANN: https://www.reddit.com/r/DarkNetMarkets/comments/4yv1dc/oasis_we_now_accept_monero_xmr/

I don't know firsthand, but I'm pretty sure BTC wasn't added to SR, it was there from the beginning. Tor + Bitcoin = DNMs as we know them. Keep in mind at the time, most people considered bitcoin to be an anonymous (or pseudonymous) way of sending money.

Maybe there were some underground markets predating SR that used other currency (non crypto), but it was the initial media frenzy (slashdot, etc) in early 2011 about Bitcoin and Silk Road that catalyzed the $1->$32 bubble.


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