XMR Monero

You can't just break Monero's privacy lmfao. You'd have to break industry standard encryption methods to break monero's privacy because that is what is uses
They are the future, BTC statist cuck who wants all his transactions tracked

in the past, but they've fixed any of those known issues with ringct + higher mixins

the problem is monero's privacy is just naive mixing, and in the same way that adding privacy to btc's base layer is almost never going to happen, the exact same applies to monero moving away from cryptonight, it's only solution is adding "layers" on top, which again, monero proponents themselves argue against privacy outside of the base layer.

right now if you need privacy monero is all you can use, but it's days are numbered given how quickly the state of privacy research is progressing

because you can always indefinetly backtrack a transaction

monero isn't "industry standard encryption", monero is ring signatures, not really seen much elsewhere, and fake inputs which provide the bulk of the privacy. it's really not impressive from a mathematical or technical standpoint, and has some clear issues with scalability and privacy when not running your own full node, which is out of reach for almost every average user.

Biz hates Monero. Clearly its a good buy. Masari is also worth looking into

It is industry standard you absolute fucking mongoloid. If it wasnt it would have been broken already.

This

God I want to - waiting for my Tezos IOUs tokens to finish hatching

i got 3 fluffies but they're locked on poloniex
the irony of forfeiting my privacy coins to a centralized exchange who goes back on its word and demands verification is not lost on me

dumb money in full force

>you're dumb
kill yourself

they hate it the same reason they hate bitcoin, everyone missed out and wants to gamble on shitcoins instead. but then there are people actually trying to pump monero who don't even understand what they're using and just think it's going to make them rich.

The one true XMR fork

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why are you even trying to argue this? did you only get into xmr in the past year or two? everyone that's been using monero for years now is well aware of it's shortomings, and isn't trying to pump it because they only care about its utility (and we're like 50x-100x up but that's another story).

Id say NERVA could actually be legitimate too. But if you aren't buying CN coins now you are absolutely retarted

name a better privacy coin you retard.
first mover advantage, ever heard of it? it's why bitcoin is still on top.

they're all shit

english your second language? i already said
>right now if you need privacy monero is all you can use
but you can't conflate "first mover advantage" when that feature can be taken away at any point due to a break in their mixing

You’re disingenuous. Lots of improvements inbound for xmr.

their wont be a break numb nuts. until quantum computers come out. and by that time, monero will have switched to a quantum resistant algorithm anyway

of course, its getting a lot more upgrades because it has a decent hard fork schedule, soemthing i haven't seen another relevant coin emulate

but they will have a hard or harder time moving away from cryptonight just as bitcoin would have adding privacy in the base layer, so when that gets obsolete or broken, they're completely fucked, unless they try and walk back on their whole "privacy should be in the base layer" mantra.

bytecoin is relatively old, and upgradability wasn't really on anybody's mind when they designed cryptonight.

but that just isn't the case, monero's already had 2-3 major privacy issues, and you'd be stupid to think there aren't more to come. sidechannel leakage is a huge problem with the way monero tries to create privacy, ringct solves most if not all of those known issues, but that doesn't mean there aren't going to be more in the future.

at some point we might find out that mixing just isn't good enough, that's the point.

sure. but in the short / medium term, there isn't a better bet than XMR

That’s why kovri is coming. From what I understand mongs can use the clear net to send to each other and still be private.

its not anonymous if you buy something physical, pay rent, exchange for fiat
the moment you link an identity to it
buy drugs? need a receive address for the package
buy a car? have the car
if you buy something that is given to you in person and is meant to stay in the black market, youre fine
problem is that if you pay an electrician friend of yours for a job, 0.25 btc of whatever, he holds black money, and can only spend it on black market stuff, or needs to declare it as income. this implies declaring who he received it from
10 years down the line nobody will care, but today the crypto/fiat gateways are a hurdle that is difficult to bypass
very willing to learn more on the topic

not true
go bitcoin - ethereum through a company like shapeshift or any other dex that doesnt need id
send to an unregistered wallet
problem is that the new holder is basically holding crypto that he cant account, so he is holding a hot potato

that's exactly what i've said. i'm just tired of all the pajeet quality shilling from people that dont use or understand monero

if you mean their tor/i2p replacement, that doesn't help with issues in the cryptography, because all the txs still end up on the blockchain. and anyone serious about using monero is already using tor with it.

you realize all of shapeshift's transactios are public? i can track your bitcoin transaction and find the ethereum account it was sent to.

believe me, i know what i'm talking about. if you need privacy, monero is your only choice today, with zcash a far second

Masari deserves at least 5% of XMR's MC

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no it doesn't, especially no if its another chink shitfork that doesn't fix the asic attack

masari devs are pretty cool. I have faith in them. They built a client-side webwallet for MSR. Does XMR have that?

Attached: MSR.png (618x709, 80K)

No, I think ETH is the only other coin with one

please help me find the flaw in my logic

i buy 1 btc on exchange
send to wallet
pay friend for service
friend holds 1 btc
pays another friend for good
another friend holds 1 btc
and so on
nobody, except those involved in the transactions, knows who holds the keys
if government comes knocking, ill say
"yes, i still hold that bitcoin, let me check for the key. oh no! my key was stolen! where can i file the loss of one bitcoin? no, i have no clue who mightve taken it!"

im assuming that bitcoin becomes (a) widely used currency

I don’t understand what your fixation with flaws in cryptonote is. The same could be said with bitcoin or eths underlying algorithm.

decreds going to eat your lunch monero

Lmao decred is an exchange token

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DO YOU NOT ACTUALLY UNDERSTAND WHAT A BLOCKCHAIN IS?
holy shit this fucking board

i do you fuckhead but without a point where your identity is tied to it (delivery adress, exchange id, etc) nobody fucking knows who the fuck holds the keys, right? fucking right??

Literally the worst preforming shitcoin I've ever bought

>i buy 1 btc on exchange

lol, downloading and running an exe file is not out of reach, the UI is so fucking easy to understand even the 0x faggots could figure it out.

I don't think this guy understands what a public ledger is.

obviously.
The state of fucking biz man.
With that said Monero is a great buy ATM.
Really the only "currency coin" worth holding aside from BTC of course

why would you want brainlets and fudders to buy in? fuck them. stop posting about monero.

I don't know if we are going up or down. Fucking market.

what do you own? i want to buy what you own.

...

dude is just a crank. Bitches about how monero is going to get cracked any day. Then admits it’s the only solution and will be for the foreseeable future.

are you fucking retarded? sha1 encryption was considered industry standard for years and had infinitely more people using it in comparison to ringCT and yet it was still broken.

Are you serious. Fluffy says all the time that privacy is an eternal quest not that the current state of monero is going to protect it forever. Literally no one is arguing that.

lol no. its not the same. if monero's encryption algo is broken then the entire use case for the currency dissapears. If a flaw in ethash or bitcoins pow is found then the chain can just fork and use new algo with different params at little cost.

i dont see how that has any relevence to what i was replying to.
you said
>If it wasnt it would have been broken already.
which is retarded.

eh it’s the safest risk in all of crypto imo. It is a perfect example of a market (DNM) deciding. If something better comes along the market will decide it is so. For now and the next few years this is the reserve currency of DNMs.

you thick fucks

the point im making is:

after a coin has exchanged hands a couple times, nobody knows who the fuck is holding the key. as nobody knows who generated what adress, and nobody knows whether a person sent it to an own adress, nobody knows who holds the bitcoin. thus, the holder is anonymous.

unless the government comes stomping in your door, thats all the privacy you need to conduct a business transaction and remain protected from everybody knowing how much you hold

also, bump this. i want to know what this user his holding.

no its not user.
you can still track back and figure who holds what.

e.g. a dr*g marketplace
>Bob -> Silk rd. Bob acct. -> Silk Rd. Main acct ->random acct. -> random acct. -> random acct..
All law enfor*ement has to do is get Silk Rd. and they can still get the identity of you.

I would argue that eth going POS is a much bigger risk of failure than cryptonote suddenly being compromised

as soon as you want to spend it, you sacrifice your anonymity. even if you dont paln on spending it, why go through the hassle of having to tumble the coins a dozen times to get anonymity when you could just use once coin that has privacy baked in?

so what? if PoS fails, you can just fork back to PoW with little ramifications aside from loss of confidence in which is the *correct* chain. if cryptonote fails, what fallback is there? none.

dude
silk road used adresses
thats how people got busted
youre missing my point. if transactions happen peer to peer, in real life, nobody can tell for sure who holds the key. why? the last person could just have sent the bitcoin to a new wallet, and claim he spent it.
its triangulation that got people fucked.
i send you bitcoin AND AN ADRESS so you can send me the coke. in the silk road case the dealers didnt delete the adresses.
get it?

>monero's already had 2-3 major privacy issues
No it hasn't. It has had one stirred up 0-mixin controversy that was patched ages ago and never would have had any real world consequences anyway because all it did was link some miners to mining pools.
>at some point we might find out that mixing just isn't good enough, that's the point.
Sure, but that's not a good enough reason to doubt Monero as an investment. With the current level of ring signatures and RingCT implemented, there is no way to reliably link transactions. You keep saying "if" as if its just inevitable that we'll discover quantum computing tomorrow.
Bitcoin isn't fungible.

yes i get it. but that still limits you to only p2p transactions. making transactions to businesses or merchants (which is what majority of payments are) gives up your privacy. with your method, you would still also have to tumble the coins several times.

Finally some sense. We all know the current version of monero isn’t going to be able to stay static forever. The dev community are true believers and they will adapt.

please just shut the fuck up and go use your xvg/trx/whatever the fuck you want. it feels like idiocracy in here.

You're missing the point about good currency coins being fungible. Bitcoin isn't fungible and the longer it exists the greater the chances are that some of the 21 million BTC will become tainted by issues that could raise LE's eyebrows. Whether you're outright implicated in doing anything wrong or not might not be an issue but you still don't want to be holding money that gets flagged. With Monero this will never be an issue, or it's extremely unlikely that it will be an issue.
They'll do whatever it takes to keep Monero fungible. Cryptographically secured digital cash, nothing more, nothing less.

checked

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Monero is great. It's 1/3 of my folio. It's the only gold-like crypto.

Chain analysis isn't hard. There's probably a YouTube video

> 0.35 TPS
> futur

kek

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Stacking

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>closed source
/trash/
Also Monero has an adjustable blocksize so no idea where 0.35 TPS comes from.

Thanks op just sold 100k

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Deluded Monero fan :
> He think Monero could reach 1500 TPS.

The truth :
> 0.35 TPS
> 1.25 TPS (with bulletproof)

Kek

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how do I start i already have a rig

Can you source any of those claims? Oh wait, you can't, you just have an image of a fucking excel sheet. I already told you Monero blocksize is variable. The only limiting factor is bandwidth of the nodes. How is Dero so scalable if it is also as secure as Monero?

Throughput literally doesn't mean shit rn. Monero only handles like 5k transactions per day. Adoption is key. Which XMR has and your shitcoin doesnt.

Stop it.
Kevin hart with a Monero shirt
First Katy perry
Crypto Goin mainstream boyos

How it's scalable / imune to 51% attack ?
Read the white paper about PHANTOM protocol or search about blockDAG.

> How Dero is secure ?
Easy: CryptoNote + RingCT + Bulletproof.

> Adoption
You mean sexual predator and drugs customers ? That's not adoption user, that's a niche.

> Throughput mean nothing rn
See pics. (Throughput without RingCT)

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Monero is basically only coin you can actually buy stuff with. Dero is purchased 100% speculatively. If you can’t see that there will always be an informal economy you are to dumb to save

>everything I don’t like is idiocracy
small brain detected

is this a Monero jacket or nig fashion?

Do you really think to make it with a coin less scalable than Bitcoin ?

Dero is a closed source shitcoin scam, my ESL friend.

>MUH, closed source
Weak FUD. Everybody knows the code will be release with the next update. Try harder.

Pretty sure that is not a monero jacket

>released
Fixed.

Monero saved my ass during my divorce.

>marrying at all
ishiggy

I fail to see the utility of this coin. Unless you're into very shady stuff like paying out contract killers (assassins), buying drugs or buying anything illegal so it won't be traced back to you, it's really pointless in using.

Until the source code is released, it's just vaporware with a fancy whitepaper. Not sure how this is FUD when I'm just stating a plain fact.
>We have this great new cryptocurrency that's better than Monero in every way blah blah blah
>Oh cool, can I see how it works?
>No.
Yeah nah, you're a cunt.
So you're cool with every corporation and government knowing your spending habits, how much money you have on hand, and who you receive funds from? Worse, you're cool with random strangers knowing how much money you have after you involve them in a transaction? Because if cryptocurrency ever actually sees mainstream adoption, this will be the reality if a public ledger coin is the currency of choice.