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Is it just me or does every online Monero community feel like a ghost town recently? in c/monero@monero.town
[–] 3 points 2 years ago

check out this episode of monerotalk

https://www.monerotalk.live/monerotalk-304

Roman Sterlingov arrested and charged - without sufficient evidence - for using / operating a bitcoin mixer.

Based purely on SPECULATIVE chainalysis, heuristics cannot guarantee that he was the user. However, as chainalysis is in bed with intelligence services it is their gold standard. Now there is legal precedent to admit SPURIOUS chainalysis evidence in court. As noob judges/juries don't in2 tech they are strong armed by the state into accepting it.

Therefore anyone who holds a tainted bitcoin (or any public ledger crypto) can be tainted by that coin IN LAW and charged for any crime that utxo ever got near.

The lawyers give a great rundown of the case here demonstrating how badly justice has failed.

-He KYC'd BTC in 2011 on Mt Gox -His utxo's bounced around a few wallets and ended up being used to buy the bitcoinfog domain [he is accused of buying the domain w/o proof] -He later pulled some BTC out of Bitcoinfog into KYC'd exchanges to off-ramp [he is accused of being paid by bitcoinfog for services w/o proof]

The fact that the ghouls are harvesting data from early days (eg/ 2011) that anyone who ever KYC'd anywhere can be linked by chainalysis with a crime. Hence a cooling effect on crypto writ large.

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    • New: Sigmanero.org -- sports betting with Monero multi-sig wallets in c/monero@monero.town
    [–] 3 points 2 years ago (3 children)

    Hey, this is a great idea.

    I've been brainstorming how to create a political betting site using Monero - would Sigmanero ecosystem be easily adaptable to politcal events (eg/ elections) as well as sporting bets?

    For me the main point of influence is the 'oracle' - who decides that the event is over and what the result is. If the lakers win 20-5 then it's easy but if there's extra time or the game is abandoned then the oracle becomes arbiter. Likewise in an election if the result is unclear or disputed then it is hard to definitively say who won within a given time frame.

    At no point in time will Sigmanero have controls of funds

    If Sigmanero is the oracle in this scenario - the could falsely declare that the Celtics won and could thereby designate funds (along with the losing bet-signer who wouldn't mind winning some xmr). Therefore there is still a corruptible element.

    Whilst I agree that for small amounts there isn't a temptation to cheat - that argument doesn't scale. Many betting facilities in crypto gain traction due to their ease of use - and in XMR it could get big too as it's private. Then we can envision a superbowl-tier event where there are big bets going down and the temptation and facility to rugpull is there. I'm not doubting you / Sigmanero's character just the game theory. As I say I'm keen to see your project work.

    Sidenote: Does Sigmanero take donations? Or is it voluntarily hosted? The funding question helps users understand the motives behind the project. I would donate but be suspicious of a 'free' betting website.

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    Could Monero switch to a proof of stake model? in c/monero@monero.town
    Ring Signatures for Secure Online Voting w/ Vasilii Rogin of CryptoPoll / EPI (MT 305) in c/monero@monero.town
    [–] 1 point 2 years ago

    This one was super interesting.

    Have been looking at Monero based voting systems for a while as I think it's a distinctly lacking application of cryptographic technologies.

    do check out the website : cryptopoll.org

    [It's not "Monero based" but it copy and pastes the ring signature part of the code as the basis for a voting mechanism - each participant's PGP signature joins a total ring and creates a validating but obfuscating voting mechanism]

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    Monero interest seems coming from offshore countries in c/monero@monero.town
    Elevated transaction counts in c/monero@monero.town
    8
    Is Monero currently un-useable? (monero.town)
     

    As we all know, the tx pool is very full - being flooded with thousands of transactions, peaking at over 100,000 tx in the mempool.

    However, not only are transactions slow at this bottleneck, but it looks like wallets are unable to sync well.

    I found this when trying out a micro transaction on MyMonero wallet, receiving error 504 - historically this error has occurred when too many users were querying the MyMonero scanning service.

    As pic related shows, this is happening to GUI wallet, as well as Cake Wallet, so the biggest 3 wallets are affected - is this a side-effect of mempool congestion or - assuming this is an attack not just a significant uptick in XMR fans - is there a concerted attack to block all major wallets from syncing with the XMR blockchain?

    Side Questions:

    Does anyone running a full node have an insight, how is your node getting on and are you able to keep up?

    How could a flooded mempool affect wallet sync, is there a direct causation?

    Elevated transaction counts in c/monero@monero.town
    [–] 4 points 2 years ago* (last edited 2 years ago)

    Looking through various sources I have a short list of causes for high tx count:

    Unlikely:

    1. BTC ATH sellers off ramping to a much better cryptocurrency that preserves privacy

    2. XMR trending as a massive gainer (after a drop) attracts traders

    More Likely:

    1. Chain analysis firm floods the tx pool so that their heuristic analysis can pinpoint some XMR transactions

    2. Binance has released the secret store of XMR they had stacked up before delisting for unknown reasons

    3. A Monero Whale is churning a large amount of XMR

    5.b) 'Incognito Market' [darknet market] is reportedly exit scamming - escrows estimated in the millions of USD of XMR

    Nobody has put forward a clear case yet, and most Monero folks are nonplussed. However, XMR's dynamic block size is making much better work of the flood than other cryptos and tx fees remain fairly level throughout so at least it's a good stress test.

    I want to be a part of it too so I'm gonna throw a few more transactions into the pool right now :)

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    I've made a full archive of Yuzu in c/piracy@lemmy.dbzer0.com
    Are we switching hosts for MoneroTalk in c/monero@monero.town
    Monero Node in Space in c/monero@monero.town
    6
    Monero Node in Space (monero.town)
     

    Inspired by this post : https://monero.town/post/2267484

    Piqued my interest, as a sci-fi nerd and Monero enthusiast. How much would it realistically cost to get a Monero node in space? Blockstream already run a Bitcoin Node in Space. So I started to throw some costs together to see if it's viable as a fundraiser. Note that this is partly a thought experiment, but it's totally possible! The latency in Orbit is like 1ms so no problem. Try and censor this, nation states!

    Launch:

    Up to 50kg payload to SSO orbit with SpaceX : $300,000 (looking to 2026 launch dates)

    https://www.spacex.com/rideshare/

    Orbit Plus pre-configured communication with groundstation with alba : 250,000 Euro https://www.albaorbital.com/launch

    NanoRacks 1U (10cmx10cmx10cm) Cubesat Piggyback on ISS launch : $90,000 https://www.satcatalog.com/insights/cubesat-launch-costs/

    Monero node:

    Fully stacked nodo : $500

    https://moneronodo.com/

    Cubesat:

    Stacked Cubesat with Solar Array, All controllers, 10Mbps laser communications, 512GB Radiation proof storage, high-power radio, up to 3 cameras etc. (1U is smaller and cheaper to send, like $100k rather than 300K if a node fits inside)

    $44,000

    https://www.cubesat.market/kratos1uplatform

    Estimated total cost: $200,000

    We could crowdfund that right?

    'Free Assange' Sticker fundraiser in c/monero@monero.town
    'Free Assange' Sticker fundraiser in c/monero@monero.town
    12
    'Free Assange' Sticker fundraiser (monero.town)
     

    I have started a fundraiser using Kuno. You can donate Monero there to get stickers printed which will be handed out at a protest on February 20th in London.

    Donate to Sticker fund here:

    https://kuno.anne.media/fundraiser/i3gx/

    Julian Assange, who has been imprisoned in the UK for over ten years, faces his final court case in England. Having passed through several rounds of kangaroo courts, being faced with no legal charge, he is still held in maximum security prison in Belmarsh, London. Febrary the 20th (and 21st) will see him at the highest court in the land, pleading with the judge to not be extradited to the USA. It has already been shown that, if extradited, he would face cruel and unusual punishment at the hands of the US government and would likely be disappeared and never seen again. Read more about the campaign here: dontextraditeassange.com

    I wouldn't usually post a findraiser here but I think it intersects with Monero well. Firstly, Wikileaks were an early adopter of crypto. When they were booted off Paypal in 2011 for posting Afghan War Logs, they began accepting a bunch of cryptocurrencies. Assange has also spoken out on the dissident use of cypherpunk technology at length. I also used Kuno for the fundraiser, which only accepts Monero. The experience was good, it was simple to set up and hopefully works well. I did have to learn about secret view keys which was useful, would recommend the site to others.

    Every little helps, even a few minero. I will be getting 100 stickers printed off my own back, it costs 0.26 ish XMR for 100 stickers and the fundraiser is only open for 3 weeks. I appreciate your reading this and hopefully we can make some difference. Will post 'proof of stickers' when the first batch is printed. Will also post any good photos of the stickers in action in London. If you are in the UK and dnoate, direct message me and I will post a sticker or two in the post.

    Peace!

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