As a few examples
Removing mordinals was a maximally private idea. Adding templating to Tari was done as the flip side of this, to maximize how many people can express themselves on chain.
In monero vanity addresses are not possible on chain to maximize privacy. In Tari every address is made of emojis that are encouraged to be shortened with yats.
Smart contracting is huge, it gets people excited. Tari can be like the smart contracting platform monero needs to get people using privacy preserving technology.
To be fair I don't think anyone here is the target audience. The target is the 99% of the world who aren't onboarded to crypto. Fluffy said it best when he described Tari as a "Trojan Horse". https://youtu.be/FSe8IXJO6nI https://youtu.be/zmeSSnppixY
We need something to get people into the space and we need it to be private by default.
It's absolutely a sales pitch but I'm sorry to hear I'm doing it badly.
I don't think I need to convince anyone here to accept it since the work that the architects put into Tari will speak for itself.
I love the idea of distributed computing and the way I see it, Monero has always had the most potential to grow and be adopted because of it's privacy features. But we haven't seen that in what people are building. ETH and SOL are blowing XMR out of the water when it comes to available dapps. I think Tari could be like the ETH arm of the Monero distributed computer.
I think there will be a lot of push back from hardcore Monero users who want absolute privacy and offering anything else is unacceptable.
I'd counter to say that maybe that works for you but it clearly doesn't work for everyone. We're getting maximum privacy at the cost of user experience and it's causing adoption to faulter.
We all agree that we're not seeing the wave of adoption we'd expect with such an important project. One reason for that may be the sacrifices we've made in the name of maximizing privacy.
Tari is a way to have both, maximum privacy and some compromises that will increase onboarding. All while increasing the XMR hash rate through merge-mining.
If anyone wants to help me out you can use my referral link: https://airdrop.tari.com?referralCode=2EU6QNZ0Pi
So we could get an early bird bonus and they could estimate interest.
Isn't the jurisdiction of the ban is only in the US?
I only had time to read it once but here are some interesting points:
- This would put a 2-year moratorium on mixers.
- It interestingly classifies 'Privacy Coins' in a different category than mixers.
- States there are 'legitimate uses' for mixers
- Would have the Secretary of the Treasury prepare a report that includes information on "The capacity of the Financial Crimes Enforcement Network, the Office of Foreign Assets Control, and Federal and State law enforcement agencies to track, prevent the transfer of, freeze, and confiscate funds that have been processed through digital asset mixers, privacy coins, and other anonymity-enhancing technologies"
Full proposal available here: https://casten.house.gov/imo/media/doc/blockchain_integrity_act.pdf
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He did a great job summarizing the ideas and reasoning behind FCMPs. The Monero community is really lucky to have someone with his talent contributing.
A CCS to develop Full-Chain Membership Proofs has been successfully funded.
Full-Chain Membership Proofs, as a concept, is a replacement for rings within the Monero protocol. While rings have offered sender privacy to Monero since it launched, they're vulnerable to attacks such as the EAE attack, have difficulties upon chain reorganzations, and in general enable statistical analysis (mitigated by distribution of the decoy selection algorithm). Full-Chain Membership Proofs prove the output spent is one of any output on the chain, effectively removing all of these risks. This means every input goes from an immediate anonymity set of 16 to 100,000,000.
Two proposals have been made for Monero offering such privacy, both under the "Full-Chain Membership Proofs" moniker (further mentions acronymed to "FCMPs"). The first was announced at MoneroKon in 2023, and was intended to be deployed with/after Seraphis. Seraphis distinguished between "membership", the output spent is one of some outputs, and "spend authorization", the output being spent is authorized by the private key holder. With that, much more efficient proofs for membership became possible, including the "Grootle" proofs it was originally proposed with (effectively a ring of 128). FCMPs further improved upon this, requiring Seraphis's new key/transaction format to do so.
The second proposal was made in March of 2024 in response to the spam attacks ongoing at the time. "FCMPs+SA+L", later shortened to simply "FCMP++s", independently adds "Spend Authorization + Linkability", removing the dependency of Seraphis. With further research and development, it was found to add several new features to the Monero protocol, without requiring the migration to Seraphis. These features include,
Transaction Chaining Transaction chaining allows signing a transaction spending another transaction, before the spent transaction is published and mined on-chain. This enables certain layer-two designs for Monero (such as some payment channel protocols).
Outgoing View Keys Outgoing view keys allow anyone with the outgoing view key to detect when received outputs are spent. Currently, Monero only offers incoming view keys, which do allow detecting spends with extremely high likelihood over the current protocol, yet don't provide 100% certainty. This certainty will make cold wallet setups and multisignature wallets much more efficient, having to bring the private key online far less often. It also allows defining a single "view key", without delineation of "incoming" or "outgoing", simplifying wallet UX.
Forward Secrecy Forward secrecy means an adversary with a discrete log oracle, such as an adversary with a quantum computer, cannot break the privacy of the protocol.
While Seraphis also introduces all of these features, it does so with a migration to a new anonymity set and a new address format (invalidating all prior addresses). The FCMP++ proposal not only aims to be faster to deploy yet to do so without the migration. This is enabled by the trade-off of not actually offering any of this functionality at launch however.
The deployed protocol would support all of these features. The wallet code to take advantage of it would be delayed, ensuring that we keep our scope small and achieve the largest goal, full sender privacy, as soon as possible. Wallets could then start taking advantage of these features on their own timeline, without further hard forks nor privacy issues. This would likely be done by merging the Seraphis codebase into Monero, taking advantage of its years of development and improved design. With that, the migration to the new key structures would be optional, and if so, the work done for FCMP++s would provide most of the necessary work for FCMPs with Seraphis.
FCMP++s are based off Curve Trees, and to make the overall proof much more efficient, Eagen's work with elliptic curve divisors. The overall composition has been largely specified, and is currently being reviewed and further detailed as appropriate. The development of the composition was funded, and an earmarked fund for academic review and auditing is still raising. If you are a member of the academic community and are interested in contributing, please feel free to reach out within the Monero Research Lab on IRC or Matrix.
Donate if you can! Full-chain membership proofs sound like they're worth it!
Here's a little more of an in-depth look from Luke Parker: https://www.youtube.com/live/rwA5L1LwSUs?feature=shared
I know there's a resistance to centralized exchanges but I can't see this as anything but bad for people's access to Monero.
Kraken has always been reputable and delisting from here means millions of people are losing an easy to use on-ramp for Monero.
It reminds me of sanctions in Russia. Sanctions don't totally restrict access to western goods like Levi's. They force customers to buy through a middle man who takes a cut. This increases the cost and effort to buy which results in less people buying and using whatever good.
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As of May 10, 2024 trading and deposits will be halted for XM^R.
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All margin positions will need to be closed by May 10, 2024 or these positions will be auto-closed.
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We will halt withdrawals of XMR on Kraken on June 10, 2024. At this time, any remaining XMR balances will be auto-converted into BTC.
Q-anon is probably the biggest one.
Check out the HBO documentary 'Q: Into the Storm'.
Hey! It's not that simple! There's feces too.
My gym explicitly allowes filming. It's something I knew and accepted when I signed up.
Either the gym shown allowes filming and didn't adequately communicate that to the guy or they don't allow it and didn't adequately communicate that to the woman.
Or one of them are ignoring the rules I guess.
The code trevador used was adapted from Monero's PoW code.
Monero also gets a lot of use on Tor sites. Some people who like private money also are drawn to other private spaces online. So helping the Tor network beat the DDoS attacks it's been under is good for Monero.
Both are somewhat tangentially related to Monero.
If you trust them, which it seems like you do, to not sell your information for advertising purposes then maybe thats true.
They're still sharing your personal information with others. Maybe you trust Google to not use the information stored in your drive for ads or to sell you shit but do you then also implicitly trust every corporation that that give that data to? To you then also trust those companies to always handle and treat your personal information with the respect it deserves for all time?
Here's a relevant quote from their privacy policy:
We provide personal information to our affiliates and other trusted businesses or persons to process it for us, based on our instructions and in compliance with our Privacy Policy and any other appropriate confidentiality and security measures. For example, we use service providers to help operate our data centers, deliver our products and services, improve our internal business processes, and offer additional support to customers and users.
If you're OK with Google using your personal information to sell you adds or with then selling your personal information directly, then it's a fine option.
Again, i's a privacy issue. Some people are OK with giving up privacy for convenience, and that's fine.
Lack of privacy is a huge reason. If you're OK with Google scanning all of your photos to sell you adds and build their AI then it's a fine option.
Car manufacturers can make more money per vehicle on large trucks. So I'm curious what influence their lobiests had on this.
TODAY'S 🎙SHOW:Douglas Tuman interviews Howard Chu, the creator of RandomJS (the genesis of RandomX)With rumors surfacing of bitmain releasing a monero asic ...
I just got an email informing me that Cake Pay Web is starting back up. It will initially be invite only.
To join the wait list you can sign up with an email at https://buy.cakepay.com
A Comprehensive Guide to Illicit Finance Risks in Crypto
Cracking down on DNM sites is currently a low priority for the Russian government. The result of this has been proliferation of Russian language DNM sites that largely operate in the open and on an open blockchain.
How do you think things like global-scale shifts in power or protocol updates will affect the blockchains these DNMs operate on?
🤘🐺🤘