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Monero

Started by Ander, February 13, 2016, 12:46:36 AM

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cube

Quote from: Ander on February 13, 2016, 08:40:45 AM
Quote from: cube on February 13, 2016, 07:20:26 AM
What is up with Monero's sudden jump?  Didn't their main devs fluffy and smooth pretty much stop working on it?

Development work has actually increased greatly recently.  Ring CT is in progress now, multisig is now in progress, and funding was raised to make a GUI by the community.  (They raised like 18000 XMR for it in 13 hours).

Wow.. the community there is supportive.
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Ander

I disagree, I think monero is the ideal crypto CURRENCY.  It should replace BTC.

BTS, ETH, etc are awesome crypto projects and platforms and will do great.  They arent really currencies, so they are not in competition.
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chryspano

Quote from: Ander on February 13, 2016, 08:39:42 AM
Quote from: chryspano on February 13, 2016, 06:37:09 AM
What resources/effort  do you need in order to "break" monero's stealth and what resources do you need for BTS stealth?

Once Monero implements Ring Confidential Transactions (in progress), and now that they added a minimum mixin level of 2 (minimum ring size, this update will occur once the hard fork goes live at some block #), its incredibly hard to break Monero's privacy, if its possible at all. 

Not sure about Bitshares.


Monero passed Emercoin.  Hitting new all time high market cap levels with each rise.

My guess is that BTS stealth will be more than enought for the 99,99% of the population, monero on the other hand might be more suitable for more "shady" transactions(If they really have a beter stealh feature) but they will atract the attention of three letter agencies at some point, they need to be "100% invinsible", we just need to be "stealthy enought". 

I would say that monero is crypto 1.1  <<<===soonish dead version

Ander

Quote from: cube on February 13, 2016, 07:20:26 AM
What is up with Monero's sudden jump?  Didn't their main devs fluffy and smooth pretty much stop working on it?

Development work has actually increased greatly recently.  Ring CT is in progress now, multisig is now in progress, and funding was raised to make a GUI by the community.  (They raised like 18000 XMR for it in 13 hours).
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Ander

Quote from: chryspano on February 13, 2016, 06:37:09 AM
What resources/effort  do you need in order to "break" monero's stealth and what resources do you need for BTS stealth?

Once Monero implements Ring Confidential Transactions (in progress), and now that they added a minimum mixin level of 2 (minimum ring size, this update will occur once the hard fork goes live at some block #), its incredibly hard to break Monero's privacy, if its possible at all. 

Not sure about Bitshares.


Monero passed Emercoin.  Hitting new all time high market cap levels with each rise.


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cube

What is up with Monero's sudden jump?  Didn't their main devs fluffy and smooth pretty much stop working on it?
ID: bitcube
bitcube is a dedicated witness and committe member. Please vote for bitcube.

chryspano

What resources/effort  do you need in order to "break" monero's stealth and what resources do you need for BTS stealth?

Ander

Quote from: Brekyrself on February 13, 2016, 04:02:15 AM
Quote from: Ander on February 13, 2016, 01:29:03 AM
Quote from: onceuponatime on February 13, 2016, 01:18:33 AM

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

When you start reading this thread by an old time member I'm not so sure: https://bitcointalk.org/index.php?topic=1319681.0


Go do research.
(Also, that TPTB_need_war guy has very different views on some things, like he doesnt even believe satoshi solved the byzantine generals problem)



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Tuck Fheman

Quote from: tonyk on February 13, 2016, 04:01:21 AM
BM deciding to go for the half-assed stealth is funny [if it was not sad], especially if you are aware of his love of sub-optimal solutions.

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Brekyrself

Quote from: Ander on February 13, 2016, 01:29:03 AM
Quote from: onceuponatime on February 13, 2016, 01:18:33 AM

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

When you start reading this thread by an old time member I'm not so sure: https://bitcointalk.org/index.php?topic=1319681.0

I'm not 100% technical on the code base however AnonyMint points out some interesting things on all these "privacy" coins.

tonyk

BM deciding to go for the half-assed stealth is funny [if it was not sad], especially if you are aware of his love of sub-optimal solutions.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Ander

Quote from: Empirical1.2 on February 13, 2016, 03:56:20 AM
Quote from: Ander on February 13, 2016, 01:29:03 AM
Quote from: onceuponatime on February 13, 2016, 01:18:33 AM

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

Also I imagine there will be a significant cost difference too, in that Stealth will be pretty expensive.

I've heard trollboxing about Vanillacoin's chainblender being released soon that supposedly does what DASH mixing does but in a minute vs. up to an hour or something. Don't know much about these things though.

Monero privacy with ring confidential transactions is better than any mixing, whether its Dash or Vanillacoin or Bitcoin mixer. :)
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Empirical1.2

Quote from: Ander on February 13, 2016, 01:29:03 AM
Quote from: onceuponatime on February 13, 2016, 01:18:33 AM

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).

Also I imagine there will be a significant cost difference too, in that Stealth will be pretty expensive.

I've heard trollboxing about Vanillacoin's chainblender being released soon that supposedly does what DASH mixing does but in a minute vs. up to an hour or something. Don't know much about these things though.
If you want to take the island burn the boats

Ander

#5
Quote from: onceuponatime on February 13, 2016, 01:18:33 AM

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?

Monero's privacy features are vastly superior to bitshares.

(Bitshares is amazing at some other things of course, that Monero doesnt do.  Monero is purely a currency coin).
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onceuponatime

Quote from: Ander on February 13, 2016, 12:46:36 AM
Absolutely massive breakout on XMR, breaking the weekly downtrend line of an 18 month bear market. 



167k was the key level. 


Imo Monero will now become the #1 privacy coin, surpassing Dash market cap.

With STEALTH coming out next Thursday, why wouldn't you think that BitShares will now become the #1 privacy coin?