/biz/ - Business & Finance

>>11043930
dero implemented this months ago...
https://github.com/deroproject/derosuite/blob/master/crypto/ringct/bulletproof_fast.go

>>11043941
>implementing unaudited cryptography

>>11043941
Literal who coin.

Anyway, what's the date of the next hard fork?

>>11044050
The scheduled protocol upgrade is set for October 18.

>>11043930
Why should this retarded market respond to this?? Not going to do anything for the price

>>11044001
you mean monero? ah yeah. exchanges just got fucked in july due to a bug that allowed users to steal funds

>>11043930
what's the scalability increase?

>>11044229
80% smaller tx sizes

>>11044225
I mean ScamDero, which implemented bulletproofs before the external audits were finished, brainlet.

>>11044264
monero is obviously not audited either
https://ethereumworldnews.com/monero-glitch-allowed-hackers-to-steal-xmr-from-exchanges/

>>11044229
monero was already pretty scalable. It could do 1,700 tx/s before the update due to dynamic block sizes. So like 8.5k tx/s now?

>>11044275
Monero just completed a successful audit last week in preparation for bulletproofs, the fuck are you on about?

>>11044309
https://hackerone.com/monero/hacktivity
>two critical bugs in a month
>one caused exchanges to lose money
>other dev was "toob usy" to explain
yep

>>11044277
>due to dynamic block sizes
yeh okay good luck running that at full capacity. thats literally just a "surge" fallback. it cant run like that anywhere near consistently. more like 3tps iirc.

>>11044309
He's a derofag. Their only function is to FUD Monero at any ways, and trying to prove that their scam project is better.

>>11044328
considering most mining is done by pools, yes I expect them to load that block full of every transaction possible. The pool is a professional server that does this for a living. They can handle the bandwidth. They will maximize the profits however possible.

>>11044350
>>11044350
no, i hate dero too. but enjoy being ignorant. i posted links you fuck to both the bugs, one is a news article explaining it, the other is from the monero devs themselves can you not click them and read?

>keep calling Dero's bulletproofs "unaudited" even though they were
>keep calling Dero's source code a copy and paste of Monero even though it's not
>say smart contracts on a Cryptonote coin is impossible and that Dero will never pull it off
>proceed to FUD a Dero thread for 24+ hours even though it's sub-$2M marketcap and absolutely no threat according to Monero cucks

This is getting ridiculous at this point

>>11044277
>It could do 1,700 tx/s
That's not even close to true. One current transactions takes about 13.2kB (yes, one transaction).
Monero is realistically handle max ~16k tx/DAY

If your numbers were true fees would be way, way lower than they were and are at the current minuscule use.

>>11044363
It doesn't matter. Literally every single person who FUDS Monero is automatically a Derolict. It's the same thing as anyone who questions Israel is an anti-semite, or anyone who says there are differences between races are racist.

https://getmonero.org/2018/09/05/a-post-mortum-of-the-multiple-counting-bug-2018-09-05.html

It was no protocol bug

Let the scamcoiners,marketing agents and marketing sheeps cry. The can’t stop the king!

>>11044351
are you fucking retarded? its not just pools. anyone that wants to use monero privately has to run a full node, or at the very least an SPV client.

also, im pretty sure that 1700 tps is fucking bullshit and you know it. the only coin on the market that can do higher than that is EOS. and thats with 21 node and no extra outputs for each tx because of ringCT.

>>11044379
>In sum, a critical bug in the wallet software, of which the severity was initially significantly underestimated, allowed an attacker to steal funds from organizations present in the Monero ecosystem. Fortunately, the bug was confined to the accounting functionality of the wallet software, and thus the protocol and coin supply were not affected.

monero devs created the wallet and knew about the bug, yet thought it was trivial, and exchanges lost money.

>>11044363
> These malicious actors could then manipulate the amount of cryptocurrency shown by the wallet however they wanted
> “An attacker could exploit this repeatedly to siphon of all of the exchange’s balance.”

wow, such a l33t hack, changing the appearance of the amount to send right before sending. surely could compromise a whole exchange stupid enough to not have security checks

> Altex Exchange fell victim

LOL never heard of them?

>>11044375
>Monero transaction confirmations are very quick on modern computers. With LMDB estimates from developers Smooth and NoodleDoodle are that Monero can handle 1700 TPS (up from 1600 TPS pre LMDB).

>Confirmation time is definitely not the limiting factor. Many nodes do not have the bandwidth to support 1700 TPS based on current transaction sizes.

>Monero can have very large blocks thanks to its adaptive blocksize. However by the time that we reached 1700 TPS memory requirements would also be too much for many nodes.

>In order of importance, I would say the TPS limiting factors today bandwidth and memory. LMDB did speed up CPU confirmation time but it was not the limiting factor in TPS even before the improvement.

>>11044416
>Just because never heard of exchange, its ok they lost money.

keep up the gymnastics. still proves that monero is not properly audited

>>11044415
this has nothing to do with the actual reality of the network, these benchmarks are worthless. The current 30 day average is 3978tx/day.

>>11044375
Fees are as high as they are because you are competing against viruses for mining power. Viruses get their electricity for free. Thats the downside of being a CPU only coin. You end up competing against millions of security cameras and thermostats and infected cellphones and other bullshit.

>>11044447
what? Learn how fees work anon. Hash power has nothing to do with fees, only block time and block sizes.

>>11044437
Maybe there just isnt demand enough for more? If you look at BTC vs BCC

https://txhighway.com/

You will see that even though BCC has much, much more throughput it still sees fewer transactions overall.

>>11044454
wow what a fucking retard, im capping this

>>11044477

>>11044454

>>11044415
yep as i thought. did you even read your fucking quotes? 1700 tps is literally impossible for monero by today's bandwidth standards. unless you want to cut out 99% of users on the network. interesting how you didnt reply to my post, but replied to everyone else who replied..>>11044386

>>11044507

>>11043930
lmao sold my xmr earlier today, eth ratio gunna get fucked real soon

>>11044370
>closed source for four months
>10% premined (and nobody can prove that all the premine is intact)

>>11044570
You aren't owed anything. The code could still be closed source right now, and that wouldn't make a bit of difference. The source code has been out for nearly two months now, and not ONE OF YOU FAGGOTS HAVE EVEN LOOKED AT IT YET SO WHY DO YOU EVEN CARE IF IT'S OPEN SOURCE OR NOT WHEN YOU CAN'T EVEN READ IT?!

>>11044513
Regular users can still download a block that big, it would just take a while. If every block were that big consistently then yes you would cut out the pajeets and australians. They would never be able to catch up.

Keep in mind you dont have to run a full node. You can piggyback off someone elses node, its just not as private because they can see your transactions.

>>11044585
>The code could still be closed source right now, and that wouldn't make a bit of difference
The absolute state of brainlet dero shills

>The source code has been out for nearly two months now
It doesn't matter anymore. Dero is now permanently tainted having been operating for all those months behind precompiled closed source code.

And you still can't prove that the premine is intact.

>>11044585
I actually peaked through it when it was first released. It improved my impression of dero quite a bit. Im still not a huge fan, but im not convinced its a scam any more either.

>>11044625
>its just not as private because they can see your transactions.
this is literally pointless. the proxy node can just be subpoenaed by a government agency to get all of your tx. info.

>cut out the pajeets and australians.
>1200 tps.
>Each monero tx with minimum ring input is like 13kb iirc. so thats the smallest a monero tx. can be. each bitcoin tx. is something around 250 bytes
That means that doing 1200 tps on monero is like doing 84,000 tps on bitcoin. Fucking kys. your clearly too much of a brainlet and are just shilling something that youve heard some other brainlet say. most full fledged servers, couldnt even handle that load.

>>11044507
ok brainlet, you can actually learn something
https://getmonero.org/2017/12/11/A-note-on-fees.html
hash power is not spent on verifying transactions like you apparently think.

>>11044437
0.0460416666666667 tps? This seems way too low.

>>11044632
>permanently tainted

Oh look, another fake news buzzphrase? What are you going to say next faggot, that Dero being closed for four months is an unforgivable tragedy in crypto or that Monero devs should just fork Dero off and start fresh? How about you bring up the ASICs some more?

>>11044652
According to Monero cucks, it doesn't matter if the code is 100% legit. It's a scam because IT'S A SCAM, end of story.

>>11044681
*i mean like 60,000 tps
its 4am. hard to do mental math fml

>>11044507

>>11044690
There are the reasons of why Dero will NEVER succeed:

>10% premine isn't locked (as the anon dev said initially). It's all in just one wallet, completely availible for him to use at any time. It's impossible to say if all the coins are still there. He could have given most of it to pay for John McAfee shilling, as he intended before (kek).
>captain made lots of changes for Atlantis update, and during 4 entire months he didn't released the code. Literally released just the binaries for brainlets to run. He could have made literally anything, and nobody will ever know. Dero is now permanently tainted having been operating for all those months behind precompiled closed source code.
>anon dev implemented non audited code (bulletproofs) before the external audits were finished. He claims to have done just an "internal audit" by himself (LMAO). This is an unforgivable mistake in crypto, nobody implements unaudited cryptography. Any security flaw, and the project is gone. That's the main reason because smart people in crypto doesn't take this project and its single anon dev seriously anymore.
>imbecile decision to remain with CryptoNight PoW algorithm, and now, few ASIC miners will have the biggest wallets, completely contradicting the promised decentralization. Also, just one pool controls literally 95% of the network. The pool owner literally owns also the network.

All those statements are true, and can be checked reading all the announcement at Bitcointalk, where the dev can't delete comments (that explain why he intended to lock the thread. He wanted to maintain control over what people comment about, and clean the project's dirty history).

>>11044690
>Dero being closed for four months is an unforgivable tragedy in crypto
Yes, that's the gist of it lmao.

>>11044688
it's the truth
https://coinmetrics.io/charts/#assets=xmr_roll=30_left=txCount_zoom=1367107200000,1536537600000

>>11044718
>- 10% premine. Anonymous single dev lied about it being locked in different wallets. All the premine is unlocked at a single wallet. He can literally dump it anytime, or move for whatever reason he wants.

The premine cannot be 10% as the percentage variable changes with every new Dero mined. The premine was locked until the switch to the BlockDAG. If you did some research, you'd know that a Blockchain =/= BlockDAG, so you literally cannot lock coins to a certain height and then promise a certain date because the date is variable due to how a BlockDAG works. As of right now, the premine is still planned to start being used in December 2018. None of the premine has been used to date, and this can be verified by actually asking in the Dero Discord for an up-to-date viewkey.

>- Doesn't changed the original CryptoNight PoW algo, and now, very few miners who own the remaining CryptoNight ASICs will have giant bags of it, since the emission curve is just in the start phase, and the block rewards are really big. Also, just one pool (miner.rocks) controls the network with more than 90% of global hash rate. The pool owner literally owns the entire network. It'll be possibly the most centralized privacy coin ever.

Again, do you even know how a BlockDAG works? The main pool is literally Dero's own pool. If you don't like one pool owning the majority, do something about it. Get some ASICs and take some of their share. Whining about people banding together to get Dero is just whining. Also, Dero's CryptoNight PoW core is 8x faster than the standard, so implying it to be a copy and paste job is just bad knowledge.

>>11044718
>- It was closed source for a period between April and July, and during this time, the unknown dev made lots of changes and just released the binaries compiled by himself for the brainlets to run. He could have done literally anything, even inserted a secret premine, and the brainlets who follow this will never know.

Yeah, pretty much any other dev of any other blockchain can do "literally anything" to their creation if they wanted to. You aren't owed an explanation. If the dev wants to exit scam and dump a billion coin premine on you, there is literally nothing you can do. So what? Crypto is a speculative investment. If you aren't willing to take the risk, go put your investment in decade-old stable stocks and let the rest of us make money.

>- Github has no activity at all. Only the unknown single dev makes one or other commit ocasionally (and there's the complete lack of activity during the closed source phase).

Again, you aren't owed anything. The dev doesn't have to update the Github every few days just to please your autism censors. You can't even read the code anyway, so why do you care?

>- The single unknown dev implemented bulletproofs before the external audits were finished. He claims to have done a single "internal audit" by himself. Aparently, he's just an amateur, since any expert devs would not implement unaudited cryptography. Doing this in a privacy focused project is a giant tragedy, and a big red flag.

You literally say "internal audit" and then say "unaudited." Apparently, unless it fits your specific definition of an audit, it doesn't count. Also, the internal audit wasn't just done by him but by others in his circle, but since "his circle" isn't "your qualified experts," it must not count, right? Also, your buzzwords of "red flag" is a red flag in itself since the only red flag around here is your obvious hatred of something you don't even understand.

>>11044790
>The premine cannot be 10% as the percentage variable changes with every new Dero mined. The premine was locked until the switch to the BlockDAG. If you did some research, you'd know that a Blockchain =/= BlockDAG, so you literally cannot lock coins to a certain height and then promise a certain date because the date is variable due to how a BlockDAG works. As of right now, the premine is still planned to start being used in December 2018. None of the premine has been used to date, and this can be verified by actually asking in the Dero Discord for an up-to-date viewkey.
10% of max supply, fucking brainlet. Also, I have a challenge: Prove me RIGHT NOW that the premine is intact. Hint: View key is useless for it. I'll be waiting. Until then, I'll suppose that captain dumped it.

>Again, do you even know how a BlockDAG works? The main pool is literally Dero's own pool. If you don't like one pool owning the majority, do something about it. Get some ASICs and take some of their share. Whining about people banding together to get Dero is just whining. Also, Dero's CryptoNight PoW core is 8x faster than the standard, so implying it to be a copy and paste job is just bad knowledge.
LMAO, he thinks captain controls or owns miner.rocks. One unknown pool owner literally owns Dero's entire network.

>>11044801
The entire point of an audit is to have it done by an external party, you fucking imbecile. A crypto project can't audit their own code internally and be taken seriously. An "internal audit" means "yeah looks good lol upload it."

>>11044801
>Yeah, pretty much any other dev of any other blockchain can do "literally anything" to their creation if they wanted to. You aren't owed an explanation. If the dev wants to exit scam and dump a billion coin premine on you, there is literally nothing you can do. So what? Crypto is a speculative investment. If you aren't willing to take the risk, go put your investment in decade-old stable stocks and let the rest of us make money.
>Again, you aren't owed anything. The dev doesn't have to update the Github every few days just to please your autism censors. You can't even read the code anyway, so why do you care?
You're right, nobody is owed an explanation. As like nobody will ever trust this shit because of the way it runs.

>You literally say "internal audit" and then say "unaudited." Apparently, unless it fits your specific definition of an audit, it doesn't count. Also, the internal audit wasn't just done by him but by others in his circle, but since "his circle" isn't "your qualified experts," it must not count, right? Also, your buzzwords of "red flag" is a red flag in itself since the only red flag around here is your obvious hatred of something you don't even understand.
"Unaudited" means no external audits. You're ridiculously retard if you think anyone can efficiently audit his own code. Also, if it had one external, who did it? Who's responsible for it? How much was paid? Certainly captain didn't told, right? Because probably he's lying.
Anyway, the audit in question is the protocol audition, not only a simple code audit. It's far more complex.

>>11044723
Im beginning to think this is death sentence low. How can monero ever scale like this? Thats retarded low. Bitcoin has 152 times the throughput and bitcoin is a dinosaur.

Even after bullet proofs thats only 0.23 tps. Thats not enough to function as a viable currency.

>>11044912
bingo
one of the reasons only zcash has future as an anonymous currency, but it's going to take time before people realize this.

>>11044851
>- 10% premine. Anonymous single dev lied about it being locked in different wallets. All the premine is unlocked at a single wallet. He can literally dump it anytime, or move for whatever reason he wants.

The premine cannot be 10% as the percentage variable changes with every new Dero mined. The premine was locked until the switch to the BlockDAG. If you did some research, you'd know that a Blockchain =/= BlockDAG, so you literally cannot lock coins to a certain height and then promise a certain date because the date is variable due to how a BlockDAG works. As of right now, the premine is still planned to start being used in December 2018. None of the premine has been used to date, and this can be verified by actually asking in the Dero Discord for an up-to-date viewkey.

>- Doesn't changed the original CryptoNight PoW algo, and now, very few miners who own the remaining CryptoNight ASICs will have giant bags of it, since the emission curve is just in the start phase, and the block rewards are really big. Also, just one pool (miner.rocks) controls the network with more than 90% of global hash rate. The pool owner literally owns the entire network. It'll be possibly the most centralized privacy coin ever.

Again, do you even know how a BlockDAG works? The main pool is literally Dero's own pool. If you don't like one pool owning the majority, do something about it. Get some ASICs and take some of their share. Whining about people banding together to get Dero is just whining. Also, Dero's CryptoNight PoW core is 8x faster than the standard, so implying it to be a copy and paste job is just bad knowledge.

>>11044893
>- It was closed source for a period between April and July, and during this time, the unknown dev made lots of changes and just released the binaries compiled by himself for the brainlets to run. He could have done literally anything, even inserted a secret premine, and the brainlets who follow this will never know.

Yeah, pretty much any other dev of any other blockchain can do "literally anything" to their creation if they wanted to. You aren't owed an explanation. If the dev wants to exit scam and dump a billion coin premine on you, there is literally nothing you can do. So what? Crypto is a speculative investment. If you aren't willing to take the risk, go put your investment in decade-old stable stocks and let the rest of us make money.

>- Github has no activity at all. Only the unknown single dev makes one or other commit ocasionally (and there's the complete lack of activity during the closed source phase).

Again, you aren't owed anything. The dev doesn't have to update the Github every few days just to please your autism censors. You can't even read the code anyway, so why do you care?

>- The single unknown dev implemented bulletproofs before the external audits were finished. He claims to have done a single "internal audit" by himself. Aparently, he's just an amateur, since any expert devs would not implement unaudited cryptography. Doing this in a privacy focused project is a giant tragedy, and a big red flag.

You literally say "internal audit" and then say "unaudited." Apparently, unless it fits your specific definition of an audit, it doesn't count. Also, the internal audit wasn't just done by him but by others in his circle, but since "his circle" isn't "your qualified experts," it must not count, right? Also, your buzzwords of "red flag" is a red flag in itself since the only red flag around here is your obvious hatred of something you don't even understand.

>>11044926
>zcash
Zooko please. Monero doesn't need to scale as it'll only ever function as a store of value for the wealthy and those needing top tier privacy in transactions. The fee you pay to transact with Monero should be considered a luxury tax.

>>11044718
IOTA made their own cryptography, it was amateur as fuck and immediately got broken by the first security team to audit them. This was years after they released their product. And they are still in the top 20.

>>11044926
>zcash
>anonymous
kek

>>11044946
monero's anonymity is an absolute joke. Amounts are indeed private.
>>11044952
this again. zcash has transparent and shielded transactions.

>>11044958
>monero's anonymity is an absolute joke

>>11044912
Note that the minimum block size limit is 300 kB. Thus, miners are able to construct blocks up to 300 kB without incurring a penalty. In other words, aforementioned penalty function only "kicks in" for blocks bigger than 300 kB.

Now, a default transaction in Monero, i.e., one that has two inputs and two outputs, is approximately 13.2 kB. Let's plug this into the formula:

Assuming a current BaseReward of 5.7 XMR:

Penalty = 5.7 * ((313.2/300)-1)2, which yields ~0.011 XMR.

So thats 313.2 / 13.2 = 23.7272 transactions per block. A block every 2 minutes means 0.197 transactions per second. With bulletproofs thats 1 transaction per second. So its not quite as bad but still really really bad. Are they doing anything to fix this?

>>11044963
Monero offers close to zero forward anonymity, meaning that somebody sends you monero and wants to know when and where you sent it.
When you receive a payment you rely on _other_ people to include your output in their mixins. You are lucky to get 4 in 2 days. Pathetic anonymity set.

Forward anonymity is the ONLY anonymity that matters. Think about it - you get a payment from a darknet market. Assume there's no backwards anonymity (which is passable in monero) - I received your monero and want to know from where. All someone sees is an address he doesn't know anything about.
Anonymity is needed when the state knows the address is from a darknet - and the only way to know is if they either control it or have full access to its data! They already know that specific payment was for drugs - they want to know where it went to, which is forward anonymity.

Last but not least, the entire history of monero can be deanonymized by quantum computers, if they ever happen.

>>11044926
But zcash is inflationary.

Exactly 1 Year Ago:

> ZCash - $230
> Monero - $49

Today:

> ZCash - $158
> Monero - $106

Also enjoy the fact that ZCash still is going to inflate 4 X times it's current supply and keep being a shitty investment while Monero only has a couple of million left in supply to mine before tail emission. The fucking inflation, rewards to the founders, dev etc, almost ensures ZCash will keep losing value unless there is a major bull market like 2017.

ZCash has been a shitty investment despite being pushed Silbert into exchanges and into the Grayscale Investment Trust ETP, etc. If you want to keep being stupid and keep losing money, keep buying ZCash.

Monero is actually accepted in a lot of DNMs whereas nobody uses ZCash.

>>11045031
Quantum computing can literally fuck ANYTHING, not only Monero.

>>11045031
I think you are very confused about how Monero works.

>>11045036
inflation is not relevant when the less inflated thing doesn't even fulfill its function.
>Monero is actually accepted in a lot of DNMs whereas nobody uses ZCash.
Criminals aren't a reliable source on complicated cryptography. Most of them still use bitcoin.
>>11045046
No, ZCash can't be deanonymized by quantum computers, they would only allow infinite printing
>>11045055
I know perfectly how monero works. What do you think is wrong?

>>11045073
How does the forward privacy thing work? Do you have a link to an article that proves that? I was under the impression that you get mixed in on a pretty regular basis. Within 12 transactions your money could be anywhere on the network if memory serves?

>>11045097
Every input->output has 7 possible sources (7 is the current default). There's only one output.
Assume you're a drug seller and I'm a cop. I buy drugs from you for xmr.

Scenario 1:
You are a not very smart criminal and send xmr straight to an exchange almost immediately. The exchange is cooperating with me and I know all their deposit addresses. Each deposit address has a client id.

How it looks: there's one transaction with my output. It could be generated by you, or by someone else using it as one of 6 mixins. I see that it went to an exchange account #423. I do nothing.

I wait a week and buy drugs from you again. I again see that the monero I sent to you went to the exchange account #423. The probability that it happened randomly as a result of mixing inclusion is very low, so it's enough for me to get a warrant and get your full data from the exchange.

Scenario 2:
You're a bit smarter criminal and instead of selling directly, first send received monero into another address. Then you wait two days and send from that address to an exchange.
There are several (<16) possible ways my original payment could have went, if it was spent at all. I note that one payment went on a second hop into an exchange account #568.

I buy again, and again, I note that on a second hop one payment went to an exchange account #568. However as you used an indirect transaction I decide to wait for third confirmation.

I get it on third buy. I get a warrant etc and you get caught.

>>11044912
dero has 75 tps ;)
>inb4 this is just a made up number
it was literally stress tested multiple times.

I love laughing at these XMR fud threads. Eventually the fudders always come unglued and start posting the most ridiculous shit. XMR is literally fud-proof. Get bent, you pajeet cunted queers

>>11045031
>>11045160
I have seen you post word for word the same posts a few days ago
at least change it up a little if you don't want to get called out as a shill niggerfaggot

>>11045160
>Monero currently grabs 50% of its mixins from the past 1.8 days and gets the others from the rest of the blockchain. This change was introduced to combat the problem that the most recent mixin was often the real mixin.

>The current 30 day average is 3978tx/day.

Im just going to say 4k/day to make the math easier.

4K per day x 1.8 days = 7200 transactions in a 1.8 day timeframe.

Each transaction uses 6 mixins and one real source. So thats 43,200 mixins for that 1.8 days. Half will go to the recent 1.8 days the the rest will go to the entire chain. So 21600 mixins for 1.8 days. So 21600/7200 = 3 mixins in 1.8 days on average.

3 mixins. So your money might be in one of 4 places, counting not moving it from its original location. In the next 1.8 days after that, 3 of those 4 places (not the original, because it would be too old) will each get 3 mixins, boosting it to 13 possible locations. Then 9 of those get 3 mixins, making it 9x4+3+1 for 40 possible locations. Then 27x4+9+3+1 for 121 possible locations.

So if you wait a week it could be in 121 possible places, possibly more if someone randomly draws you from the other 50% that targets the entire chain.

So basically you have to wait like 2 or 3 weeks before you are in the clear on monero? Thats pretty shitty actually.

>>11045509
why would I write the exact same argument a second time? Of course I copy it

>>11045348
>dero has 75 tps
whoa wtf? How is this possible? Why hasnt their blockchain ballooned to epic proportions?

>>11045606
You're completely wasting your time thinking of fantastical scenarios. You'll never get access to addresses from sellers used in darknet markets. These markets use their own wallets to maintain escrow.

>>11045675
because its not a blockchain like
[] -> [] -> [] -> []

its a DAG style chain with checkpoints so

[] -> [] -> [] -> |
----[] -> [] --> [] -> []
----------| -> [] -> []->|
also the fast bullet proof implementation with 6x efficiency in comparison to normal bulletproof implementation means that each sig for the mixin is like 90% smaller than monero's current ones.

>>11045046
Look up PARTICL cold staking - built to be quantum resistant from the ground up

>>11045511
good calculations anon, although you're assuming that outputs don't repeat, which makes anonymity worse. It's also possible that graphs 'compress' and possible paths get joined. There's an analytical solution but it's probably much easier to simulate it
>So if you wait a week it could be in 121 possible places
except by subsequent transactions you have vanishing probability that your true output (exchange account) is random
>>11045683
>These markets use their own wallets to maintain escrow.
Because markets never get busted or ran by the police (hansa market, ran by Dutch police for some time)?
How do you even know that Dream isn't fed controlled?

We need flags on biz. Dero is literally nothing compared to Monero. To have it mentioned even once in the same thread is ridiculous.

>>11045683
>figure out where the drugs are coming from
>kick in front door and arrest everyone
>read the addresses right off the server

Its not that crazy. It happened to alphabay and silkroad and loads of others.

>>11045683
see
https://www.wired.com/story/hansa-dutch-police-sting-operation/

>>11045381
the low transaction limit is pretty good fud actually, and ive got like 50 xmr.

All of you are always feeding the Dero trolls.
Just ingnore this shit.

>>11045694
Dero’s website says it’s a blockchain built on cryptonote - where do you get that it’s DAG?

>>11045707
>except by subsequent transactions you have vanishing probability that your true output (exchange account) is random

Thats not true though. If I waited 2 months my money could be in any account on the entire blockchain. Literally any monero sent to any account on any exchange could be me. They would have no way of knowing. It would me a lot faster than 2 months if I crank it up to 26 mixins and send it to myself a few times.

>>11045766
website is outdated. read through the code or go into the discord and ask the team yourself,

>>11045707
>outputs don't repeat
what does this mean

>>11045835
>If I waited 2 months my money could be in any account on the entire blockchain.
It depends how many transactions include known output as history.
With time it indeed goes to 100%, but as long as it's <100%, each subsequent transaction (drug sale) increases relative likelihood that you're the real source.
>>11045835
{a,b} -> c
{a, c} -> d
a is used two times, so it's like it's only used once, because using it the second time doesn't add any new possible sources for d.

>>11045992
that would be clearer if you said inputs dont repeat

>>11045992
wait that doesnt even matter. After that it could be in A, C, or D. Its still 3 possibilities.

>>11046083
I meant the alternative as
{a,b} -> c
{c, x} -> d
which is four

I have to go sleep, you're the first guy with intelligent responses on the matter though

>>11043930
It's fun watching /biz/ hopping from shitcoin to shitcoin with the sole idea of going broke ASAP

>>11043930
eth bleeding to death is so good for monero, the gpu miners will switch to monero and pump it. If you were paying attention monero hash rate and price pumped when eth started falling on it's face last week.

>>11046230
Im assuming your money is A, thats still only a, c, and d as possibilities, because X and B doesnt belong to you. So thats 3 possibilities.

In the previous example it was also A, C or D. Its 3 possibilities in both examples.

>>11044378
MIDF DETECTED ALLAHU SNACKBAR

PEDOS ARE THE FUTURE, GOY !

>>11044370
dero's logo is really unappealing and amateur looking

>>11046456
bootlicker

>>11044386
>SPV client
can you suggest any good?
considering to move funds to XMR, was confused for long time about full node (my drive is too small for 40gb client on my current machine)

>>11045160
Good thing you can use exchanges without any form of verification. Poor fud. Monero is the only privacy coin as proven by the Alphabay bust.

>>11043930
Which wallet do you goys hold your xnrs in? I am too brainlet for the ledger advanced setup

>>11046845
Xmr>>11046845

>>11043930
I love Monero.

>>11043930
H-how many to make it? Been accumulating a bit

>>11046376
>>11046230
>>11046083
>>11046073
>>11045992
>>11045835
>>11045823
>>11045707
I came late to the thread and only read the tail end of this. I’m relatively well versed in cryptography but I still don’t understand what the fuck you guys are talking about.

Give me the cliffnotes, is the consensus that Monero is effectively-foolproof under normal circumstances? Or is this conversation converging to an, oh hm shit it’s not as robust as it appears?