sgp_

5 ms·

1.
AI Is Not Ready for Ethereum Security Audits: A Test(magicgrants.org)
2 points by sgp_ 6mo ago|1 comments
2.
by sgp_ 6mo ago
We tried a specialized Ethereum smart contract auditing AI tool. It made up a bug and suggested introducing the same critical vulnerability to fix it.
3.
by sgp_ 2y ago
There's a lot more context about what browsers they recommend (and what they recommend them for) on the dedicated page for it: https://www.privacyguides.org/en/desktop-browsers/ The part you quoted was an exa
4.
by sgp_ 2y ago
Hey, I'm Justin from the 501(c)(3) fiscal host of Privacy Guides, MAGIC Grants. Us board members administer the funds for Privacy Guides, and we are different people than those who are on the Privacy Guides committee. I assure you that
5.
by sgp_ 5y ago
Ironically, not necessarily. If you sent funds to Coinbase's provided address and they wanted to refuse/refund it for some reason, your new owned output would likely be marked as clean and from Coinbase. This may vary across circu
6.
by sgp_ 5y ago
It's not comparable though. The simplified (though slightly wrong) way to think about Grin is that its privacy is like Monero but without Monero's ring signatures. Its transaction graph privacy is quite weak. While the author of t
7.
by sgp_ 5y ago
About 25,000 transactions per day right now. So about 750,000 per month. Edit: here's a good comparison chart https://moneroj.net/percentage/
8.
by sgp_ 5y ago
I feel you're deliberately being pedantic. There's nothing legally dictating 1 pound of flour = any other 1 pound, but it is fungible, by the definition of them being indistinguishable. 1 NFT isn't the same as any other NFT.
9.
by sgp_ 5y ago
This largely is not true. While privacy on LN is still being evaluated, it is also extremely complicated. There's no easy "privacy on LN" guide that's industry standard, for example. Monero comparatively is much older an
10.
by sgp_ 5y ago
Largely, no. While the full privacy implications of lightning network use are extremely complicated and still being researched (and the best practices updated with that information), it absolutely is not as simple as open/close channel
11.
by sgp_ 5y ago
> Also, with enough time, all the Bitcoins would be dirty. This is a misconception. Coins are only associated with the last identified node. So for example if I sent tainted BTC to Coinbase, sure Coinbase would investigate my account obv
12.
by sgp_ 5y ago
I work for Cake Wallet and Monero.com so I'm biased, but you should try one of the wallets that does this relatively burdensome scanning task locally to see that normally it's not the end of the world. It takes me only a few secon
13.
by sgp_ 5y ago
Kraken US supports Monero, so clearly it can be done. If another exchange chooses not to, that's a company making their own decision.
14.
by sgp_ 5y ago
Monero is on Kraken US. Coinbase and Gemini, acting as companies choosing to add the coin they're mutually invested in Zcash instead of Monero, is a dumb indicator to use of what's "allowed," especially when there are ob
15.
by sgp_ 6y ago
Don't take my word for it. Read what FinCEN says directly: https://www.fincen.gov/sites/default/files/2019-05/FinCEN%20...
16.
by sgp_ 6y ago
Well, you see what FinCEN says about those: > An anonymizing software provider is not a money transmitter. FinCEN regulations exempt from the definition of money transmitter those persons providing “the delivery, communication, or netwo
17.
by sgp_ 6y ago
Obviously not legal advice, but FinCEN's guidance is quite easy to follow here: https://www.fincen.gov/sites/default/files/2019-05/FinCEN%20... > Providers of anonymizing services, commonly refer
18.
by sgp_ 6y ago
There are many ways to account for this in a risk-based approach however. Asking for basic information about a customer's occupation and source of funds (as is common when opening a bank account) can adequately address ML/TF risks
19.
by sgp_ 6y ago
Miners are unlikely to be money transmitters under current regulatory guidance since they never "accept" money for transmission. They only verify transactions that they never have custody over.
20.
by sgp_ 6y ago
Creator of the Breaking Monero series and a compliance analyst at a cryptocurrency OTC desk here. This mixer was penalized for running an unlicensed MSB. This is far more about that then it is about banning privacy technologies generally. F
21.
by sgp_ 6y ago
Correct, not as far as I can tell. The methods they describe may be applicable to CoinJoin services (at least the very high-level methods are applicable), but they didn't show any testing with these sort of transactions (unless that&#x
22.
by sgp_ 6y ago
Monero has a significantly higher "base level" privacy than other cryptocurrencies, and it's great for many use-cases. However, it still has limitations. You should check out the Breaking Monero series: https://www
23.
by sgp_ 6y ago
I work in compliance for an OTC desk that supports Bitcoin, Ethereum, Monero, others: https://dvchain.co We conduct AML on everyone who is onboarded, but we're of the opinion that trades should not be public information.
24.
by sgp_ 6y ago
It's not impossible to use properly, but it requires time and money. Just to enter the Samourai mixing pools, for example, costs ~$5-270, exclusive of Bitcoin miner fees. Mixing can also take days. Mixing may provide the intended effec
25.
by sgp_ 6y ago
Is having your coins flagged by an exchange for using privacy features convenient?
26.
by sgp_ 6y ago
Exactly, people freak out when companies look at public data on an open, permissionless network. What did you expect?
27.
by sgp_ 6y ago
The really short answer is that you should not have an expectation of privacy when sending public transfers. Even in the best case that mixers protect your privacy, your transactions will be flagged by exchanges and services as relating to
28.
by sgp_ 6y ago
I spoke with Eric a few months ago to help give a few pointers when he was considering the idea for this movie. He saw some of the media surrounding "Monero Means Money," our film that we put together from idea to theaters in a we
29.
by sgp_ 7y ago
This has apparently been in their policy since July 20, 2018: http://web.archive.org/web/20180721081756/http://www.century...
30.
by sgp_ 8y ago
Thanks for being informed about some of the limitations! I highly appreciate having these conversations, and I look forward to working with you to improve Monero.

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