azalty @ azalty @jlai.lu

I'm leaving this account so I can't be traced easily

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525

Joined

2 yr. ago

There’s a bug in some wallet software (that didn’t update) that cause the decoy selection algorithm not to choose outputs that are exactly 10 blocks old, but only 11, which caused all spends from 10 blocks old outputs to be pretty much all considered the true spend.

But generally the more you wait, the more likely you are to be "secure". You can always try churning (wait between a few hours and a few days).

J’ai juste l’impression que ça sort des images random de la vidéo, c’est vraiment pas ouf je trouve.

New reddit is better than old reddit shit that looks like it’s from 2005, at least for me

Actually, yes I do lol

(Never admit you don’t, governments check your social media posts for admission of guilt)

But surely you pay taxes on your crypto incomes too :)

That’s not money laundering but okay

If you have no interest in privacy, then we can stop talking now, as Monero will be of no use to you.

Outdated + only applies to people who churn in a bad way. I know what I’m doing buddy.

I also don’t think XMR transactions had a minimum output count set to 2 before, which was a pretty big giveaway of churning being used.

But even when not churning, you don’t really expose yourself to any risk. Sure you could distinguish yourself from the rest of the blockchain, but it doesn’t do anything to the external eye as they still don’t know on which account the coin currently is.

When did I say I didn’t want privacy? The systems in place to make decoys blend in transactions are perfectly secure and do indeed use cryptography.

They are in themselves secure as they work and can’t be worked around, but they do not make transactions more secure.

But come on, you must be doing this on purpose now.

So google isn’t secure? Yea nah. You use security to protect your privacy, but privacy doesn’t mean security in itself.

I hardly disagree on that.

Can’t give technical proof of a potential superiority when it all comes down to personal preference and to what you value.

I can easily say Monero not having a transparency blockchain or option can be problematic for businesses as they can’t enforce anti money laundering laws, and that would be a perfect argument to say Monero can’t be the superior crypto.

You’re just biased and subjective. Monero is great, but not for everyone and not for every use case. It is not an all-in-one crypto and it is not a perfect crypto.

You "buy" fiat by trading your time (working). You see, if you use this angle, everything can be considered a currency or can be deemed as not a currency because you trade something else to get it.

I don’t get why you’re so obsessed with the term "security". No, privacy and anonymity isn’t linked to the security aspect of XMR transactions. It just feels like you’re being dishonest about it.

I code too, I know what I’m talking about, it isn’t for anything that even the US government is looking to identify XMR transactions

Listen, I told you the thing that made XMR a good choice for currency usage: it’s the privacy aspect. You don’t want it? Good, XMR isn’t for you then. There are plenty of good alternatives!

Stablecoins can be controversial but are easy to use and you don’t really have to think. 1 USDT is 1 USD.

BTC is really known and accepted pretty much everywhere crypto is accepted, but has high fees and slow blockchain inclusion.

ETH is great for… making shitcoins I guess? And it’s nice that they changed to a more eco-friendly proof system.

LTC is BTC but with lower fees and fast blockchain inclusion, but it is less known.

I’m not trying to kill other cryptos, but I don’t get why you’re shit talking about XMR when you obviously don’t know the coin, and act like I said it was the best crypto in the world when I didn’t (although it’s my preferred one), and act like I said it was more secure and other nice things that I’ve just never said, or didn’t word this way.

Sorry, but I don’t have time for a 44mins video

The only thing that kills btc is the small block size

I use Monero as a currency, not for trading and betting. You’re not doing the same? Great for you, but don’t say it can’t be used like that.

Cryptocurrencies were first made as currencies, as their name states.

I’ve never talked about security, idk what you’re talking about. Btw if you can’t do simple statistics without using a computer, then there’s your problem.

Btw no specific apps are needed to trace BTC transactions, just a basic blockchain explorer and manual searching, it’s really easy.

But yea nah, there are definitely apps out there that do that, and I could make one myself. There’s no math involved or any hard things. It’s just like figuring out where money was transferred to (ex: bank account), but all transfers are public.

There’s no obfuscation that can be reversed or whatever you’re calling it, just decoy transactions which are indistinguishable from outside. Good luck finding which one of those 16 transactions attached was the real one spent, and which one of those 16 transactions before the real spend was the right one, and so on…

or that were but suffered from their success

“XMR is superior to BTC and ETH” because as best I can tell it has its own blockchain, like BTC and ETH.

I never said that XMR was superior, it's down to personal preference, and imo they can't be compared as they have different use cases.

XMR looks like BTC, just a lot less popular and worth less money. So… why would anyone want to be paid directly in XMR? This is the question that started my comments and I don’t see a good answer.

Privacy, anonymity and fungibility. One can easily trace which wallet currently holds a coin for BTC and ETH, and in case of governments or police forces, they can get the identity of a person behind a wallet if they used a CEX at least once.

This is not the case with XMR: each time a transfer/transaction is made, you multiply by 16 the number of possible routes it could have went. A single payment is enough to obfuscate the route (and certitudes); doing more (ex: sending to yourself 'churning') will multiply this number by 16 again, again, again...

16, 256, 4096, 65536, 1048576

By doing 5 transactions, you've set the number of possibilities to over a million. Congrats, your coin is now untracable.

Please note that churning is controversial among the Monero community as it increases the blockchain's size and people claim it could hurt your privacy, even though it clearly can't if you're churning your own single coin, you can only increase possibilities. At the end of the day, churning isn't for everyone, but it can be useful when you want to hide the origin of the coin or mask where it went. I churn once in a while.

BTC is known to have been a source of trouble when the coin you can get in swaps or exchanges can have a background of being stolen, in which case exchanges can freeze your account, ask you questions and annoy you, even though you weren't linked to the actual problem.

Yea well that's a thing that happens with some cryptos, but you don't always need the transaction to go through immediately.

Mullvad is a great exemple, there is also njal.la hosting, and there was a website with all sites that accepted Monero that was around.

Or, you know, all the hidden and dark net markets use BTC and XMR

Occasional payment between individuals, or payment through websites that have crypto payment processors. I bought something on instant gaming with LTC for example.

You can pay with those, and most payments are made in BTC. It looks like money to me.

Well, here is your problem. Don’t move your coins off chain.

You see, people here use Monero as a currency and not mainly for exchanging and betting on what the price will be.

A lot of people here act the same about Monero though

A lot of hate might come from the fact that a lot of Monero lovers here are complete assholes about other cryptos as well.