/biz/ - Business & Finance

IM VS COIN THE OTHER ONES ARE SHIT

>>29748422
this and checked

>>29748368

Both

>>29748458
> clearly didnt see the hidden gem ...
NGMI

ZEC ofc. But bought too high at 140 even though everything was obvious.

Both are unironically Russian stable coins.

>>29748368
zec

i trust the team more to deliver in the long term, and as it sits monero is fundamentally more vulnerable to active attacks (utxoset pollution) than zec. full privacy via zksnarks will always be better than obfuscatory strategies such as ring sigs

Monero of course. However me and most technical people still want to accumulate so we're going to recommend Zec in hope the price of XMR stays low.

Imagine holding Zion Cash instead of XMR

>>29748578
Based. Just bought more

>>29748368
Yes hello anon which coin you are purchasing ? Sir ,,

>>29748368

None of them

>>29749695
Imagine cumming inside Monero-chan (14y.o.) while high on meth fuckkkk

the jude is trying to get people away from XMR because it's completely unbreakable and they know it

Rarely see ZEC mentioned on biz. Bullish

>>29750888
https://eprint.iacr.org/2019/455.pdf

monero has been broken several times and is likely currently broken for state level adversaries

>>29751019
this post smells like the gange river

>>29750910

cuz its a trash coin that only got somewhat popular b/c it was more profitable to mine than ETH for a brief period in 2017.

>>29748368
both
dude zcash warth worth like 4 bitcoins initially just IMAGINE

>>29751019
The last time this was reported it was literally just some retard company trying to use well known and completely imprecise methods which also required ATM transaction details and shit to claim they beat Monero and the government boomers were too stupid to know otherwise so they actually paid for this "solution" before figuring out it was almost completely useless.

>>29751290
the attack would have only cost $10,000 over a 12-month period and unmasked 50% of tx inputs

monero's approach to privacy is fundamentally obfuscation, removing obfuscation via active attacks is much cheaper than breaking the class of cryptographic problems (discrete log) used with zksnarks

>>29751385
that's fifo analysis, which works on both zcash and monero

>>29748368
>op when he goes to work
KYS faggot. These threads are honey pots.

>>29751019
Good fud because most people aren't going to read the abstract.

What the abstract is saying is that you can spend ~$2000 usd (now closer to $10,000) to flood the protocol with transactions. Doing so gives you ~47% chance of finding out the amount of XMR exchanged in a single transaction.

The wallets, addresses or any other info isn't found. And that's the best they could do and it also got fixed last October with CLSAG.

If anything this makes me more bullish of they have to write papers about such weak loopholes. Gotta get that FBI grant money though so I get it.

>>29751653
not true, it gives you a 47% chance of uncovering the inputs for a given transaction. So, if you executed it network-wide, you would recover the inputs of 47% of transactions. The inputs contain the sending address, the amount, and the destination.

Own both faggots

>>29751756
but yes, they did address this bug.

that's the history of monero, new obfuscation bypasses are discovered and the protocol is updated

this paper is like the 5th time

obfuscation is not a robust approach to privacy

>>29751341
bullish

neither
suterusu

jokes aside, if you don't care about privacy, is it worth holding these coins short term? Are they likely to give better than average gains this year than non privacy coins?

>>29751019
>>29751290
>>29751385
>>29751443
>>29751499
>>29751653
>>29751756
>>29751862
Sirs please do not argue. You can both upgrade to 0xMonero. We are a very welcome community.

>>29752203
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
stop trying to steal from people by lying to them about the capabilities of the project
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504
another recent beatdown >>/biz/thread/S28670476
ANOTHER recent beatdown >>/biz/thread/S29537367

>>29751756
>>29751862
The sending address and destination address would still be encrypted. As this bug only targeted the RingCT system where amounts are split up among multiple addresses before going to the destination.

Monero has three layers of protection and the paper is about unobfuscating one method with 47% heuristical certainty. That's a really good track record for Monero.

I completely agree though that security through obfuscation is not the way to go. But using it as low-cost additional security like Monero does with RingCT is a good thing even if it could be untangled at a certain cost.

After all every blockchain can get 51% hashrate attacked if you throw enough money at it.

>>29752267
And yet there is no statistical paper debunking 0xMonero. Our privacy is impeccable

>>29752136
Bitcoin and other large cryptocurrencies can be tracked and linked back to an individual eventually.

Monero can't. Hence what do you think people living in China will buy to hide their gains from the authoritarian government? Especially corrupt members embezzling funds

That's why people are bullish and Monero is the only project not crashing right now.

>>29752352
>And yet there is no statistical paper debunking 0xMonero. Our privacy is impeccable
there is no code to analyze
there is no privacy feature to debunk
there is nothing to 0xmonero
there is no reason to think 0xmonero has anything to do with privacy

neither
well, actually I hold some xmr

Did you know?

Assets management pallet controls all the assets in Polkadex

It handles the transfer, deposit & withdrawals of crypto-assets into the #Polkadot network through #Parachain, #Snowfork & #RenVM


>>>>>GEM
>>>>>GEM
>>>>>GEM
>>>>>polkadex.trade

>>29752651
>he fell for the 0xMonero fud

>>29752839
show one line of code in 0xmonero related to privacy
you can't

>>29752929
Show me one line that ISN’T related to privacy

Decred.

>>29752948
>>29752929
show me your fucking feet

>>29752948
here you go
all the known source code related to 0xmonero
(plagiarized from 0xbitcoin)
https://etherscan.io/address/0x035dF12E0F3ac6671126525f1015E47D79dFEDDF#code
nothing related to privacy there
your turn
show one line of code in 0xmonero related to privacy
provide one technical reason why anyone should think 0xmonero provides privacy
you can't

>>29748368
PIVX

>>29752552
I know its difficult to predict, but what kind of potential gains are possible in terms of price? Has anyone crunched some numbers to come up with possible figures?

Both.

>>29752203
Every.
Fucking.
Thread.

>>29753247
10x is possible for either- once btc starts crashing tax evaders will flock to the privacy coins.

>>29748368
Zcash is developed in Israel, has a dev tax, is centralized, runs in a trusted set up, and is optional privacy. Literally 99% of the transactions aren’t shielded. Zcash has zero adoption in markets that matter for privacy, such as the dark net.
Monero is better in literally every category and anybody telling you otherwise is a retarded bag holder.
>>29752267
Based autistic 0xMonero bitchslapper

>>29753247
Yeah satis financial group did the numbers and predicted Monero would hit $40,000 by 2030 if it manages to become the defacto darknet currency. Currently Monero is the only currency accepted by the biggest darknet market (WHM) so it is poised to fulfill it's role.

I don't have the report on hand but you can Google it yourself. There's also a study looking at how big Monero would be if all dark economy of the world moved to Monero. It would be tens of millions of $ per XMR. But it would take decades of penetration before that would be feasible.

ZEC to financial freedom!

>>29752203
>Sirs

>>29748368
The market has spoken.

Bottom line is that the darknet is currently phasing out Bitcoin in favor of Monero and only Monero.

Zcash and Dash are basically punchlines to darknet veterans/OPSEC fags.

>>29748368
XMR baby, shit's only been up since BTC tanked

Mining Monero.

>>29755445
Based

>>29755479
10kH/s
Am I going to make it?

>>29755502
It's a good start especially if you're just running one system, which pool you mine on?
I would recommend using moneroocean since they don't have pool fees and you can GPU mine different coins for XMR
Also, make sure you tune your stuff right, you'd be surprised how much you can push with a well tuned system

>>29756089
I'm using some spare machines that i have, each one making 2kH on average. Mining on nanopool. I'm using my GPU to mine ETH.

>>29756089
is that your hash rate? what cpu and gpu are you using?

>>29756197
Using some spare i5 and i7's that i have around. Making 2kH on average over 5 machines, also making 35mH/s on my GPU but that's ETH. All the machines are running ubuntu server + nanominer.
This pic is from my main machine

>>29756154
I would avoid nanopool, even with good hashrates it always seemed to produce far worse results for some reason, not sure if there's some hidden fees or what but moneroocean seems to generate XMR much faster
GPU mining ETH is a good idea, though keep the gas fees in mind

>>29756197
Yep, I have a few units running right now
>r3900x OC'd to 4.2GHz stable
14KH/s
>r1700
2.5KH/s
>R815 server with 4 opteron 6276s heavily tuned for mining performance
~9KH/s but could probably be higher

>>29756441
Damn, 14kH/s is impressive.
I can barely get 2.5kH on my 2700X.

>>29756441
nice anon!
I'm buying a 3900x this weekend. Can't wait. Gotta do some research on openssh so I can run a headless miner. It's going to be /comfy/.
Currently running my miner on a gaming laptop. Getting 2.4 kh/s though so it could be a lot worse. CPU is a ryzen 5 3550h.

>>29756154
Oh and the GPU's are an RX580 and a 1080TI, both running ethash on moneroocean for XMR which makes up about 66% of the hashrate

>>29756519
It's mostly about tuning, I'd recommend making sure you have a decent speed for your memory, sweetspot is around 3200MHz
You should in theory be able to get up to 4KH/s on that one, I would recommend using XMRig for a mining tool
https://github.com/xmrig/xmrig
Once you get that running, just poke with these settings in your config until you get a decent hashrate
https://github.com/xmrig/xmrig/blob/master/doc/CPU.md
Also, make sure you run XMRig as admin/sudo though

>>29756919
Nice, if you go with linux you can do some pretty cool stuff like tuning your kernel for memory performance to get a better hashrate, that's half of how I managed to get a server that's generally only good for 2-4KH/s to 9KH/s
It's not the most mandatory but if you want to really get the best out of your machine it's there as an option
Also, this is a really big part of improving performance so keep this in mind
https://xmrig.com/docs/miner/hugepages
I would recommend at least 8GB of 3200MHz RAM for it
I can recommend a few other steps if you're really willing to get hands on with it, I've been thinking about writing a guide for performance for a while actually

>>29757001
Thanks, switched to XMRig.

>>29748368
There is only one choice, and it's not even close.

>>29757300
yeah switching to xmrig literally doubled my hash rate. It looks like they enabled huge pages.
I am going to check out that link. thanks for that
>rx580
Wait, so you are saying that your gpu is making up two thirds of your hash rate? Wow I will have to look into this.
If I, say, purchased an 3900x and a rx580, what would my combined hash rate look like?

>>29757475
np, best of luck with it

>>29757719
If you're using a pool like moneroocean, they let you mine other coins like ETH and convert your hashrate from that to XMR hashrate (not 1:1) and I would recommend doing so
Pic related is a comparison, the top is all my CPU units while below is my RX580 on ETHash
I've found the 3900x to be able to hit 14KH/s fairly well if you do a little overclocking and have 3200MHz memory, while the RX580 (once it converts from ETHash rate to XMR hash rate) does around 30KH/s normally, though has spiked to 40KH/s often
If you're already building a system on ryzen you'll need a GPU anyways so getting a good deal on an RX580 is pretty well worth it, just make sure you max out the fans on the card because the automatic fan curve is awful and it WILL overheat if you dont, if you do however it usually sits around 53*c

>>29758254
thank you so much for this anon!!!
I had figured that gpu mining would require an extremely expensive card. I didn't realize that I could get something affordable and double my potential hash rate.

>>29758458
any time, you'd be surprised how well old and mid tier hardware works for this stuff

>>29748368
Unironically ZCASH, baby,

>>29752352
yet your marketing department is atrocious.

>>29751443
>unmasked 50% of tx inputs
ok but you can't tell who sent the money to who?

another glowing zcash thread?

>>29761096
I made this btw

>>29761232
make one for ZEC please. thanks, anon.

>>29762307
Yeah with a toilet flushing and a merchant

>>29762307
no wtf

>>29761096
its also an nft on opensea now.
https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/3707360267032696457264151827841295668771526049467609074847173143864203542529

>>29763303
Kek

>>29762456
>edgelord reply
typical XMRfag. they are truly a spergy group.
>>29763303
i'll pay you in ZEC?

>>29748368
I'm gonna go with the jewish one that's got like numerology and kabbalah magic shit in it that goy devs can't fathom.

>>29764364
Post nose

>>29764364
eager to get rid of your ZEC I see

XMR because ZEC is an unsecure piece of shit vulnerable to 51% attack

>>29748368
XMR, because I'm not retarded

>>29752267
thank you for your service.

just used an unspecified amount of monero to buy a Z of flake for when lockdowns over

>>29753174
3 hours later and still no response from the pajeet. lel

>>29767856
>3 hours later and still no response from the pajeet. lel

Those streets ain't gunna shit themselves.

>>29748368
>What one
Which one
FTFY

>>29753155
based

>>29764756
Good choice - the Jews never lose

RYO.
The future is yesterday.

>>29758254
I'm doubling my output with XMRig
Holy shit thank you anon.

>>29753107
kinda shitty how not many people care about this

>>29769486
np, enjoy the gains, thanks for helping the blockchain

>>29757476
IVE SAVED UP $2000

HOW DO I BUY YOUR MONERO BAGS?

>>29748368
Zec. Better seeming maths, and also the ability to shield and unshield is valuable and allows it to easily operate on exchanges on unshielded mode for compliance, especially in burgerland. This is key for widespread adoption. It's like using cash that has a feature to eliminate the serial number at will, or put a new one back on it.

>>29751443
This. I only have a graduate level CS degree, so I don't comprehend zksnarks fully (about 75% of the whitepaper), but I do believe that the zksnark method is true zero knowledge, compared with RingCT and less strong methods of concealment used by monero. Not trying to flame, having BOTH technologies is great, but now that zec has lite wallets including on mobile that can use fully shielded transactions, I dont understand why anyone would use monero over zec

>>29771206
BackdoorCoin. Just remember, government compliance and true privacy are not compatible.

>>29771206
>but I do believe that the zksnark method is true zero knowledge, compared with RingCT and less strong methods of concealment used by monero

The Monero team has stated that if ZKS ever become reliably proven and preferred they will likely adopt them. Right now nobody is quite sure yet.

>I dont understand why anyone would use monero over zec

https://www.reddit.com/r/darknet/comments/ksj5b9/why_monero_and_not_piratezcash/

>>29748368
RSR

>>29771573
So people shill this, but where in the zec codebase is this?

>>29771641
What is the point of your image? That monero is fed? Tor is broken, and unencrypted. Zec is shielded and invisible, EXCEPT for years old analysis done before adoption of shielded in lite wallets (used to require full nodes). Your argument is that zec is an inferior tech because people dont use it. By that same reasoning, USD is better than any crypto.

>>29771743
It’s not. The point is that if the devs bend over and become little bitches every time someone suggests listing their stupid coin, it shows what their motive is (hint: its not user privacy). They would not hesitate to implement something to potentially expose people if they could get “muh coinbase listing”.

>>29772158
zec is already on coinbase.

>>29772158
What? Then everyone would dump zec and it would be useless, and the founders and electric coin company would be bankrupt. It's also not as if they can suddenly break zksnarks with a switch overnight. Who pays you to shill so hard?

alright monerochads you need to stop replying to these bagholder/psyops threads otherwise they won't stop making them. We already had like 10 today

>>29772301
Yup, because it's the best of both worlds. Can be used in unshielded mode for compliance reasons on US exchanges, and then can be shielded at any time.

>>29748368
LTC rolling out it's privacy features will trump both. People are sleeping on LTC.

>>29772584
mimblewimble hides only amounts which is not nearly enough to be private, graph analysis can easily deanonymize

>>29772584
Silverpill me on LTC privacy, I used to own some several years ago and I'm thinking of buying in again before I'm priced out of becoming a fullcoiner (it's going to happen, I have no doubt LTC is going to moon)

>>29772768
it's optional privacy, which means its a meme. Use Monero.

>>29748368
Monero still living?

I thought its dead. rate my bags $MCM $DAO $LINK?

>>29773080
Yes sirs this man is telling truth! Here entire village never heard of monero since 2 years.

Your bags are very good, will grow strong. I suggest more Zcash to buy.

>>29772709
It is my understanding that addresses are obfuscated as well.

>>29772768
DYOR fren. The pricay roll out is not the only reason I'm bullish on LTC (which is cheap rn btw). it's very widely adopted by some big players and will be one of the most used coins by normies using Paypal and other payment processors as they open up crypto payments. It's also the cheapest of the big 3, which normies love for some reason. It's the fastest of the big 3 for transactions and cheapest to do transactions with.It's EASILY a $500+ coint and I think closer to $1k when all of this goes through.

I like monero too, but it will never be adopted by mainstream. I used to hold some. If you want to invest in the dark web's privacy coin, go for it.

>>29769486
And try minexmr / supportxmr i had a feeling nano was fucking me over

>>29773876
Will do once i reach the minimum payout on nanopool so i don't throw away money.

>>29771641
>zec
sell your xmr and buy zec then

>>29772768
Yup meme the know monero is breathing in neck and try to stay relevant and add privacy just hype, meanwhile those crypto lockers want xmr

>>29748368
If you want a surveillance coin just get BTC since it's actually adopted. If you want actual privacy, get XMR, the one that the darknet uses (people whose lives literally depend on anonymity). As for zksnarks, >>29771641 said it already. ZEC did a good thing by making great tech but the implementation and distribution is dogshit, making the coin completely useless. Anyone who believes in ZEC is a literal retard.

>>29774138
>>29774363
lol. at least I'll sleep better knowing the ZEC community has better grammar.

>>29772015
>Your argument is that zec is an inferior tech because people dont use it.

People with their freedom on the line make very credible tech auditors. If ZEC really was superior to XMR the darknet would be adopting it right now, which clearly isn't happening.

>>29774795
>muh dark net
who the fuck wants to be associated with those wanna-be cypherpunk pedophiles?

>>29752552
we prety much decoupled from the market in a way monday dumb all market red xmr pump whole day, today same thing, mid off week all market green xmr red

>>29774692
Thank you for posting this in all 5 Zcash shill threads that are up currently.
I would have done this myself, but I was on a bathroom break.

>try to short sell it
>it rises
>"okay, shit, let's just buy and stake"
>it rops
Schizo crypto, I swear to God.

I got only one lesson, wanna trade with profit - try bots. Waiting for Bot Ocean release to use best instruments

>>29753223
pos scam

>>29774941
I got your back, Vivek. brothers in arms.

>>29772584
>LTC rolling out it's privacy features will trump both. People are sleeping on LTC.

How about you do a little research first? Even Litecoiners admit LTC+MW doesn't compare to XMR.

>Will Litecoin's privacy feature be a threat to Monero and Zcash?

"It won't compete with Monero's privacy but it's not really trying. They are trying to find that balance of providing some privacy but not enough that the regulators will crack down on it."

https://www.reddit.com/r/litecoin/comments/lgrgsd/will_litecoins_privacy_feature_be_a_threat_to/

>>29774795
t addresses are public

whoever is in this tweet is a fucking idiot

t literally means transparent

>>29774795
also by your logic Bitcoin had better privacy than XMR or ZEC until recently because the majority of dnm volume was on btc

>>29774926
1. Because they need privacy and clearly XMR gives it to them
2. BTC was heavily associated with them in the beginning and now look at it. It's a process you retarded faggot. You are just mad because your ZEC shitcoin isn't good enough for them and you know it. Drop the bags and join the winning team.

>>29775347
Adoption takes time. If you go ask anybody who uses XMR on a darknet I'm sure they'd be relieved to say that now they only need to worry about their drugs getting intercepted in the mail or some shit.

>>29751019
no one is buying your shit token

Let’s just all agree that Bitcoin is a piece of old dinosaur shit that needs to be replaced.

>>29775496
>retarded faggots
why do XMR fags always resort to ad hominem attacks? why would I care about the dark net (again)? hint: I don't. but if that's the angle you want to invest in, then congrats for your support of perpetuating child porn.

>>29748368
I was in both but unable to withdraw from bittrex. Tried for weeks, sent in support tickets, filmed my screen showing their site preventing me from withdrawing but now they say they are keeping my balance unless I pay 0.25 BTC recovery fee.

>>29751019
Very interesting read anon. "then the yearly fee will be just 27.758
XMR (or 1,746.53 USD)." And valid criticism.

I am guessing that Triptych will increase ring sizes to 128. Which will make this attack more difficult to execute and more expensive.

>>29775347
>also by your logic Bitcoin had better privacy than XMR or ZEC until recently because the majority of dnm volume was on btc

Lack of viable alternatives. When the DNM started BTC had 100% market share, as soon as other cryptos became available that started to drop, and now with Monero picking up speed BTC usage will drop even more until its eventually gone from the darknet.

Stop replying to this Monero faggots. It’s an Israeli coordinated psyop

>>29764364
>typical XMRfag. they are truly a spergy group.
>>29774692
>lol. at least I'll sleep better knowing the ZEC community has better grammar.
>>29774926
>who the fuck wants to be associated with those wanna-be cypherpunk pedophiles?
>>29776323
>then congrats for your support of perpetuating child porn.
>>29776323
>why do XMR fags always resort to ad hominem attacks
And what exactly would you call these replies? Well thought out rebuttles?

>why would I care about the dark net (again)?
It demonstrates a robust system of privacy. Since we are talking about privacy coins, being able to thwart law enforcement means it's really fucking good. If ZEC was proven to be a better privacy coin that the darknets would swap XMR in an instant, their livelihoods depend on it. That's why they switched from BTC in the first place. In fact, I would ALSO switch to ZEC if that were the case, because I care about privacy. I have no fucking idea what you care about though given your posts.

>>29776811
Also apperently new updates to the protocol made the attacks harder and more expensive already. Triptych will probably be the death if it entirely.

>>29777913
> I have no fucking idea what you care about though given your posts.
>3 posts by this id
wanna make it four? make sure to click all the fire hydrants.

>>29772015
>TOR is broken
Lol, no it isn't.

>>29778744
And what does post count have to do with anything? Literally nothing. This is not a coherent response to anything I said but then again, you bought ZEC so I shouldn't expect much.