For the love of god, do not buy or promote Monero
Do tell us why...
Yes we should all listen to you given your history of double-talk/hypocrisy as seen below:
I personally won't buy cloak because of the 7 day proof of work instamine.
...even though you support Dash's 30% (of current total supply after 1 year and 11 months) in one day instamine. An instamine is an instamine...
DRK is now as evenly distributed as btc and ltc etc.
Yeah sure...instamining a coin and centralizing its supply is "distributed" like LTC and BTC.
thanks. after reading anonymints back and forth with you guys i was under the impression that pruning the bc was questionable and he seems to think it can't be done. it way over my head but he does seem to know his stuff. to clarify he did say it's not possible right? i saw the bbr guy pruned or is pruning some stuff but anonymint claims it's not near enough, correct?
i've seen people talk about the transaction provability part several times but forget the specific phrase they used. i'll check into it and get back to you.
so if i send you some xmr for something and you say you did not get it is there a transaction hash on the bc i can point to and prove it?
thanks for your time.
i've seen people talk about the transaction provability part several times but forget the specific phrase they used. i'll check into it and get back to you.
so if i send you some xmr for something and you say you did not get it is there a transaction hash on the bc i can point to and prove it?
thanks for your time.
Both AnonyMint and I agree that pruning, in the Bitcoin sense of the term, is not possible with any of the CryptoNote currencies. That does not mean that other reductions in storage aren't possible, but there will always be a need to keep more data than with Bitcoin and its clones. Specifically, the utxoset *and* the key image set is required, and the key image set is unpruneable. The pruning that BBR does is to remove ring signature proofs, a purely linear pruning and one that I am hesitant about from a cryptographic soundness perspective.
You get a transaction ID for your transaction, most definitely. Here's a transaction of 335 XMR sent to my Monero address (49VNLa9K5ecJo13bwKYt5HCmA8GkgLwpyFjgGKG6qmp8dqoXww8TKPU2PJaLfAAtoZGgtHfJ1nYY8G2 YaewycB4f72yFT6u) on all 3 block explorers:
http://monerochain.info/tx/047c2c11632120f7cd1565c312f94f76135a45f0b2194bbe958826280878fc3d
http://chainradar.com/xmr/transaction/047c2c11632120f7cd1565c312f94f76135a45f0b2194bbe958826280878fc3d
https://minergate.com/blockchain/mro/transaction/047c2c11632120f7cd1565c312f94f76135a45f0b2194bbe958826280878fc3d
As you can see, there's no way to track where it came from, where it went to, or even ascertain the correct amount. However, the very act of being able to provide the transaction ID to me (coupled with me receiving it) is normally sufficient to prove a transaction, since only the sender and recipient will know the transaction ID and the amount.
Of course, this isn't the robust or cryptographically sound way of doing it, which is why we're adding tooling to allow someone to reveal the one-time key (which is different to the transaction ID) for their transaction, and the person (or persons) they send that key to can see the exactly details of their transaction on a blockchain explorer or similar. In other words, this functionality is inherent in the protocol and in each transaction, but we just have to give people the ability to both retrieve this information and for someone else to verify it.
sounds like what bitshares x is doing with a secret key to prove transaction to a third party type escrow. the whole anon scene is very exciting!
only other real issues is the bloating and (visa level) scalability that anonymint always talks about. what are y'alls plans to fix that?
the crippled hash things is fixed (right?) and doesn't concern me as it only affected like 2% from what i saw which is super fair in the cryptocoin world.
the only other thing i can think of now is the issue of inflation, 4 years pow if i'm not mistaken?
some have also questioned the pow algo cryptonite because i guess it's new and cryptographically unproven but getting professionally audited at some point?
seems like y'all have a great team working on things and i'll definitely consider putting some btc into your project.
what's your thoughts on bitshares x anon feature titan?
http://wiki.bitshares.org/index.php/TITAN
https://www.youtube.com/watch?v=MDvXZMQNnhE
Delegated Proof of Stake - Let's Talk Bitcoin Episode 129
https://www.youtube.com/watch?v=SdBpoRLmrbA&list=WL#t=726
The red part speaks for itself.
Concerning Bloat: Any anonymity feature set that is backed by tested cryptography and isn't some "new kid on the block" crypto just recently developed will have some trade off in "bloat". You don't always get something for nothing.
With privacy/fungibility there are trade-offs. Of course you wouldn't know this given you keep spouting the same BS that shows that you don't understand how cryptography on that level works.