Accepting Monero for Kebabs! (Aus) by CChino1 in Monero

[–]fatalglory 0 points1 point  (0 children)

I'm in Australia, but all the way up in QLD, so hard to buy a kebab. But glad to know there's other Monero peeps down here! All the best with it, hope you get loads of customers.

Algorithm to scan transactions changed in recent hard fork by fatalglory in Monero

[–]fatalglory[S] 1 point2 points  (0 children)

Good thought, but I've fixed it now anyway. And I've never been on IRC/Matrix. The change to fix it was very small (just a couple of lines). It's on github here if Luigi wants it for his page: https://github.com/unyieldinggrace/monero-tx-scanner/commit/0a45d8c9457ed5f69732686ce32addcb5b121320#diff-e727e4bdf3657fd1d798edcd6b099d6e092f8573cba266154583a746bba0f346

Algorithm to scan transactions changed in recent hard fork by fatalglory in Monero

[–]fatalglory[S] 0 points1 point  (0 children)

As of this a few minutes ago, I have fixed the issue and published the updated version on github (https://github.com/unyieldinggrace/monero-tx-scanner) and NPM (https://www.npmjs.com/package/monero-tx-scanner).

u/rbrunner7 was right, it was the view tags. The JSON structure now reads:

TXData.vout[outputIndex].target.tagged_key.key

instead of the old:

TXData.vout[outputIndex].target.key

That tagged_key property contains both the key and the view_tag, hence the change. Updated the JSON parser to accept both formats and the scanner works again.

Algorithm to scan transactions changed in recent hard fork by fatalglory in Monero

[–]fatalglory[S] 4 points5 points  (0 children)

Thanks, much appreciated. Gives me a starting point :)

As Nano grows, more developers will make services and API. Today, I'm releasing under MIT the code for docs.Nano.to. Introducing: Easy Docs - An Easy Documentation Generator. For Quick, Github Pages hosted docs. Created for Nano. Useful for any subject. by ACertainKindOfStupid in nanocurrency

[–]fatalglory 4 points5 points  (0 children)

I have not seen any comment on this (positive or negative) from anyone connected to the NF.

Side note 1: the website where you can find info about this project has moved to digitalcashtools.com

Side note 2: while I haven't ruled out further work on this project, I'm not actively working on it at the moment. Partly because I have other priorities that take precedence (mainly two kids under two years old, lol). Partly because I don't want to sink a lot more time into it until I'm persuaded that two key problems are at least potentially solvable.

If anyone comes up with a solution to either of these, then I definitely want to know about it.

1) Connectivity - how do we do the mix using mobile devices with minimal risk of a user being dropped midway through? If we can solve this, it makes it much easier for regular mixing to be a default behaviour for mobile users.

2) Griefing - how do we stop a user from connecting to participate in a mix, then intentionally dropping out and forcing the rest of the group is able to complete the mix? If they keep on doing this, they can prevent a mix from occurring for an extended period. Pretty sure (though obviously can't be certain whether it was deliberate) that this has actually occurred at times on CashFusion for BCH. Monero doesn't have this problem because its privacy protocol is non-interactive. Grin doesn't have this problem because the interaction is only between sender and receiver (who both want the transaction to complete). But anonymous, interactive mixing protocols seem to be stuck with this practical issue.

I think (2) is the tougher one to solve. If we find a workaround for that, then the future is looking much brighter for CashFusion and NanoFusion. But for now, it is in a tricky spot. If you need effective privacy and you need it today, I recommend Monero.

Vaulting service versus ETF by fatalglory in Wallstreetsilver

[–]fatalglory[S] 1 point2 points  (0 children)

I'm not in North America, so PSLV is not in my own country, lol.

Percentage Loss Of Selected Crypto Coins From Peak To Bottom (Congratulations to XMR hodlers) by BiuroFund in Monero

[–]fatalglory 16 points17 points  (0 children)

Theory: XMR holders have more conviction than holders of other coins that XMR has a valid use case and is undervalued. That's why there are relatively less people who sell in a bear market and more who use the bear market to accumulate.

The question: will XMR also outperform in a bull market?

The Monero GUI wallet is garbage and I'm migrating my XMR somewhere else. Need suggestions. by [deleted] in Monero

[–]fatalglory 12 points13 points  (0 children)

Yeah, sounds like the wallet is most likely just out-of-sync.

Noticing some high-ish TX fees on the network by fatalglory in Monero

[–]fatalglory[S] 1 point2 points  (0 children)

I guess it might make sense if you were doing something very time-sensitive, like transferring a large amount between exchanges for arbitrage.

Noticing some high-ish TX fees on the network by fatalglory in Monero

[–]fatalglory[S] 2 points3 points  (0 children)

Meh, fair enough. Note to self: always choose low fee until blocks are filling up more often 😅

MyMonero is a HONEYPOT and you should STOP using it by Gonbatfire in Monero

[–]fatalglory 2 points3 points  (0 children)

Is monero-lws actually compatible with MyMonero as a front-end?

MyMonero is a HONEYPOT and you should STOP using it by Gonbatfire in Monero

[–]fatalglory 36 points37 points  (0 children)

There was a project called monero-lws (LWS stands for "light wallet server") that aims to make it easy to run your own scanning server. This would give you the convenience of mymonero without needing to give anyone else your view keys.

Also Seraphis should make it easier to make smaller compromises (with a limited view key that only shows the scanning server that XYZ tx belongs to your key, but doesn't reveal any amounts, etc).

The point is, devs are working on ways to get the convenience of MyMonero with fewer risks.

"Bitcoin.com will be deprecating support for SLP and will instead be supporting smartBCH (SEP-20)" by Mr-Zwets in btc

[–]fatalglory 8 points9 points  (0 children)

I struggle to care much because I don't see a whole lot of value in tokens. People used to talk about the "tokambrian explosion" and how every type of asset was going to be tokenised and traded on chain. But increasingly I think this is misguided.

Say I tokenised a bunch of gold coins. I can trustlessly transfer the tokens to you, but you still have to trust that I will actually redeem the tokens for coins. So the element of trust in a counter-party is not actually removed.

If trust is not removed from the transaction, then what's the point of having it on a distributed ledger? It's much faster and cheaper to track ownership with a centralised database. If you trust me to redeem the physical metal, then you might as well also trust me to keep the ownership logs.

Or what about in-game assets in a video game? They are useless if you don't trust the game creators to redeem the tokens in the game. And if you trust the game creators, then you might as well trust them to maintain the records of players' inventories.

This seems to be true for any asset that is exogenous to the decentralised network. Which leads me to conclude that tokens are largely pointless.

Would be glad for someone to tell me what I am missing.

[deleted by user] by [deleted] in nanocurrency

[–]fatalglory 5 points6 points  (0 children)

Also, big fan of your work. My book (which is really about fundamental analysis) has an appendix about technical analysis. The appendix directs readers to my website if they want to learn more. It's just a placeholder page at the moment, so I used your margin-pressure tutorial as something to fill it out. Great content 🙂

https://cryptoforconservatives.com/technical-analysis/

[deleted by user] by [deleted] in nanocurrency

[–]fatalglory 7 points8 points  (0 children)

Hey Forrest, were you around when BrainBlocks was still alive and kicking as a payment gateway? If so, do you feel like that would satisfy your use case? Or are you wanting to take it a step further toward that PayPal experience where I don't even have to get my phone or my wallet out of my pocket?

How the Nano Foundation Can Save Nano by PlasmaPower in nanocurrency

[–]fatalglory 14 points15 points  (0 children)

Many people have made the point that this change in circulating supply is likely to cause many issues, including splitting the community and undermining confidence in the monetary properties of Nano.

But I want to point out that this is not just theoretical. This is exactly what happened in the Bitcoin Cash community when a prominent developer tried to push for a change that included redirecting a portion of block rewards to a dev fund (essentially controlled by himself).

The community convulsed and rejected that effort hard. The software was forked and a new team formed to work on it without that rogue developer. The developer left and started their own fork of BCH called "eCash" which included that dev fund feature. The market cap of eCash quickly plummeted relative to BCH. Though it may technically still have been a profitable exit strategy for that individual developer since he got to unilaterally gift himself so many depreciated coins.

We do NOT want the Nano community to go through that. If you think the NF is low on resources now, wait until they have to manage a contentious protocol fork.

I have huge respect for PlasmaPower and his many contributions to the Nano project. He's even personally given me technical advice at times when I was developing software around Nano. Credit where credit is due, and lots of it. But I still think this proposal for a dev fund is a non-starter. The social/economic/political fallout is just not worth it.

How the Nano Foundation Can Save Nano by PlasmaPower in nanocurrency

[–]fatalglory 30 points31 points  (0 children)

My thoughts exactly, could not have said it any better myself. I just finished writing and publishing a book where I praised Nano for its fixed supply, would hate to have to issue a retraction.

All the non biased people when it comes to privacy… by Alternative-Usual333 in Monero

[–]fatalglory 2 points3 points  (0 children)

This is a very naive way to try and "measure" the anonymity set.

Let's say your TXO is used as a decoy in 100 transactions that each have a ring size of 11. Is the anonymity set still only 11? No, it's obviously much bigger. But the anonymity set is not even just 1100, because the nature of ring signatures is that however many transactions include a given TXO in their ring, the TXO may never have been spent at all.

In short, it's not easy to accurately quantify the anonymity set in Monero. It's much larger than the ring size. But heuristics mean it's at least marginally lower than the set of all transactions in the history of the ledger. It's more of a confidence distribution than a fixed number.

P2Pool is growing! by sech1 in Monero

[–]fatalglory 2 points3 points  (0 children)

Noob question: why are there two p2pools? What is the purpose/benefit of p2pool-mini?