plasticmachine

6 ms·

1.
by plasticmachine 8y ago
Same goes for TLS - there's ample evidence that TLS data is being suctioned up at scale and stored for eventual decryption.
2.
by plasticmachine 9y ago
Anyone can be a Monero contributor and can work on the hard fork.
3.
by plasticmachine 9y ago
Why would you assume all miners accept the hard fork? They don't have to.
4.
by plasticmachine 9y ago
Everything is open and transparent, so a "leak" is absolutely guaranteed. It appears the plan is to merely make some sort of change every 6 months such that an ASIC manufacturer hardly has time to develop a change, tape out, and a
5.
by plasticmachine 9y ago
There are no "insiders" with Monero. Just like many FOSS projects, everything is developed in the open and entirely transparently. The first time anyone has visibility on PoW changes is when someone comes up with specifics and ope
6.
by plasticmachine 9y ago
That's an unfair statement. The Monero Research Lab has several full-time PhD'd cryptographers who are paid for by crowdfunding from the community, just none who are specialised enough that they can comfortably sign off on the cha
7.
by plasticmachine 9y ago
But they DO need privacy, they're more at risk of targeted theft than regular users. ZCash fails at this by making it impossibly hard for an exchange to allow z-address withdrawals, and impossibly hard for a mobile app / hardware
8.
by plasticmachine 9y ago
I’m a massive MW proponent but the privacy claims are very weak compared to ZCash and Monero. What MW does well is scalability.
9.
by plasticmachine 9y ago
No it isn't, the paper is a re-hash of the work that the Monero team themselves put out in September 2014 and in January 2015. https://lab.getmonero.org/pubs/MRL-0001.pdf https://lab.getmonero.org/
10.
by plasticmachine 9y ago
You couldn't buy drugs with Monero until the end of 2016 when, coincidentally, RingCT was hard-forked in and this paper's entire basis for existence disappeared. Also two of the Monero Research Lab papers both identify and quantif
11.
by plasticmachine 9y ago
I doubt it; they stop serving data after the beginning of 2017 precisely because RingCT breaks their algorithms.
12.
by plasticmachine 9y ago
> The sloppiness of this code is really shocking, "when the Monero client chooses mixins, it does not take into account whether the potential mixins have already been spent." That's because RingCT removed the ability to cr
13.
by plasticmachine 9y ago
> I haven't seen any evidence of 'academic dishonesty'. How about one of the authors Tweeting out that 80% of the Monero transactions have been deanonymized ( https://twitter.com/random_walker/status&#x
14.
by plasticmachine 9y ago
What do you mean "if Monero fixes everything"? They already fixed everything, which is why the paper shows the decline in their ability to deduce things, and the paper COMPLETELY STOPS showing data after RingCT went into action. P
15.
by plasticmachine 10y ago
As does Monero's RingCT, which is based on Blockstream's Confidential Transactions. Obviously there are implementation risks, but in terms of cryptographic risk you are correct.
16.
by plasticmachine 10y ago
By "the Monero guys" you mean the broader technical community that understand security software design? Also, obscure origins are irrelevant when the technology is solid. Take the following examples: TrueCrypt, Bitcoin, MimbleWimb
17.
by plasticmachine 10y ago
1. Given that not even Zooko understands zk-SNARKs, the ZCash name is trademarked, and they've shut down their Reddit and IRC channels, there is no chance of a community of competent developers that understand the technology springing
18.
by plasticmachine 10y ago
Or maybe we're just not buying into cryptography being pushed by a company that has a marketing department.
19.
by plasticmachine 10y ago
Ummmm no. 1. It's controlled by a corporation with VC backing. This leads to a single point of failure, a ton of disincentives, and makes it easier for an attacker. 2. The cryptography is untested, unproven, and too new to be trusted.
20.
by plasticmachine 10y ago
No he doesn't. Go read what he wrote again. Private transactions (one z-addr sends to another z-addr) were not being mined.
21.
by plasticmachine 10y ago
He's 100% correct, as is the GitHub issue. Transactions that were z-addr -> t-addr, or vice versa, were being mined, but private transactions (my z-addr pays your z-addr) were not. Per the ZCash website ( https://z.cash&
22.
by plasticmachine 10y ago
You know that it's forked from Bitcoin right? What portion of the tax is being given to the Bitcoin developers?
23.
by plasticmachine 10y ago
"A long time ago" being less than 2 months ago. https://github.com/zcash/zcash/commit/9eb852edd0c9a20d7e3925...
24.
by plasticmachine 10y ago
This is well known: https://github.com/zcash/zcash/issues/1705
25.
by plasticmachine 10y ago
It's being presented as an alternative that doesn't cut corners or make the incredibly dangerous compromises ZCash does. Would you expect a thread lauding SnapChat as a privacy enhancing messaging app to not have a bunch of people
26.
by plasticmachine 10y ago
Bitcoin will get a minimum block reward that ensures miner incentives in perpetuity? Bitcoin will switch from secp256k1 to Curve25519? Bitcoin will get a dynamic block size limiter that adjusts with transactional demand? You must be joking.
27.
by plasticmachine 10y ago
Really? So Bitcoin and Monero only work because of their premine...?
28.
by plasticmachine 10y ago
It's not FUD, he's entirely correct. They had one thing to get right before launch, and they got it wrong. Speaks volumes for the so-called dream team. References: - https://github.com/zcash/zcash/issues&
29.
by plasticmachine 10y ago
Your lack of understanding of how Monero works is embarrassing. Please educate yourself before commenting! As to the trusted setup, there are a few salient points: - you don't have to "just trust one participant", what if 3 o
30.
by plasticmachine 10y ago
No, it'll be MANDATORY from next year September, not LIVE from next year September...

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