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17
votes
2answers
288 views

Sidechain with Monero as the base token and Zerocoin as the anonymous token

The ZCash protocol has both basecoins which are traceable and Zerocoins which are anonymous. Basecoins can be converted into Zerocoins but the conversion itself is visible on the blockchain. Could a ...
12
votes
2answers
444 views

If Poloniex was hacked or shutdown, what effects would that have on Monero? [closed]

If Poloniex was hacked or shutdown, what effects would that have on Monero? I suspect they have a ton of coins there, since it seems to be the largest monero exchange. Would it effect the coin in ...
11
votes
4answers
314 views

Can Monero stand as a distinct cryptocurrency, or will its features be brought to Bitcoin via sidechains?

Is Monero intended to be a competitor to Bitcoin, or is the intent to develop technology that will improve Bitcoin? Is there any reason why Monero's features wouldn't just be brought to Bitcoin ...
9
votes
1answer
76 views

metadata protection for Monero usage on Mobile devices

My understanding is that Kovri will use a C++ implementation of the I2P network to protect metadata. I2P seems to be focused on computer users. Are there any plans to protect metadata for Monero ...
12
votes
2answers
117 views

What contributions (if any) are there to the overall blockchain size, other than the actual transaction sizes?

Given that the median transaction sizes are so similar between Monero and Bitcoin (see this question), what other contributions are there to the overall blockchain size (e.g. database overheads or ...
28
votes
4answers
2k views

How much larger are Monero transactions compared to the average Bitcoin transaction?

We know that because of the way Monero's privacy works, transactions are larger than a Bitcoin one, but how much larger on average are they compared to Bitcoin transactions? How will this affect the ...
14
votes
1answer
76 views

What security risks are associated with accepting Instant Transactions?

If a merchant decides to accept a Monero payment the moment it appears in the memory pool (before confirmation) what risks are being assumed? Based on the probability of these risks being exploited, ...
3
votes
1answer
171 views

Is it possible to get a rough timeline/cost estimate for the future monero development?

I know that this question is a bit of a stretch, so it might be good to go with this overview from the official Monero homepage (https://getmonero.org/design-goals/) To be more specific, which of the ...
11
votes
1answer
288 views

Are there more cryptocurrencies based on the cryptonote protocol? If so what are the main differences?

I read a bit about the history of Monero and how it forked away from bytecoin/bitmonero in 2014. I also remember that there was another currency using the cryptonote protocol called "Boolberry" at ...
10
votes
2answers
205 views

How is the quadratic miners penalty calculated

For blocks above the median block size of the last 100 blocks but below the 2x the median block size dynamic cap a quadratically increasing penalties is applied to miners. How is this penalty ...
11
votes
2answers
238 views

What happens if a very large transaction is over 2x the median block size?

The dynamic block size limit 2x the median block size over the last 100 blocks. What happens if a transaction containing an extremely large numbers of outputs and a very large mixin exceeds the ...
18
votes
2answers
196 views

Can simplewallet auto refresh?

Sometimes after I send a transaction, I like to use the "refresh" command so that I can see how many blocks (confirmations) have occurred for my transaction. Similarly, when I am expecting to receive ...
8
votes
2answers
208 views

Windows vs Linux vs. OS X Monero user distribution

Is there any data on the current distribution of Monero users by Operating system? Useful data could include the following: Download data from: https://getmonero.org/downloads/ Any estimates about ...
20
votes
1answer
354 views

Does Monero offer an equivalent of Check Lock Time Verify transactions?

Does Monero offer an equivalent of Check Lock Time Verify (CLTV) transactions? If not are there any major CryptoNote or RingCT specific obstacles that would prevent such a feature from being added in ...
20
votes
1answer
5k views

Approximate cost of developing Cryptonight ASICs

I have already seen reasons why Cryptonight is more resistant to ASICs as compared to SHA256 for example: Cryptonight takes advantage of the AES-NI instruction set available on most modern machines ...
10
votes
1answer
64 views

Number of private keys that have been used on the Monero network

Rich lists are impossible to produce with Monero. Is it still possible to determine the total number private keys have ever been used to control available outputs on the network? Obviously the ...
10
votes
2answers
111 views

Early Monero usage compared to Bitcoin

Has anyone done an analysis comparing Bitcoin usage its first two years compared to Monero usage in its first two years since launch? I see some statistics here http://moneroblocks.info/stats but ...
13
votes
2answers
157 views

Security concerns with OpenAlias

As I understand it if someone is able to hack my DNS server and edit my TXT DNS record on a FQDN (fully qualified domain name) they could alter the Monero address that the associated with my OpenAlias ...
23
votes
3answers
750 views

Monero private key collision

Assuming a properly working RNG what are the chances of creating a Monero private key that is identical to one created by someone else (it corresponds and controls funds sent to the same XMR address)? ...
17
votes
1answer
1k views

Monero hard fork procedure

I understand Monero has a planned hard fork twice a year (on approximately March 15 and September 15) and I would like to understand more about how it will in practice: What is the minimum amount of ...
17
votes
1answer
300 views

How does one prove ownership of a Monero address?

Just like how a user can prove they are the owner of a Bitcoin public key by signing a message, how can a Monero user prove they are the owner of a Monero public key?
5
votes
1answer
43 views

Forum Funding System donations earmarked for projects that are never completed

What happens to Monero raised by the Forum Funding System for projects that are never completed? Are donations returned to donors (if their identity is known)? What happens to donations made by ...
17
votes
1answer
5k views

What is known about Nicolas van Saberhagen?

What if anything is conclusively known about Nicolas van Saberhagen? Are there any educated guesses about who this person or group may be (similar to how there are guesses about the identity of ...
11
votes
2answers
560 views

Required confirmations before newly received Monero can be spent

I do not like to give exchanges the address for my cold storage wallet so I would like to use a webwallet as an intermediary point. If I request a withdrawal from an exchange to mymonero.com how ...
13
votes
2answers
248 views

Creating a Monero wallet with D20 dice

I have 20 sided dice which I would like to use to create a secure Monero paper wallet. What procedure can I use to use the dice to create a valid mnemonic seed? Is there any advantage of creating a ...
8
votes
1answer
125 views

Determining the number of available outputs by denomination

How can I determine the entire number of available blockchain outputs for each denomination? Is there a blockexplorer that tracks this data or a bitmonerod command I can use to find the answer to ...
10
votes
3answers
364 views

Blockchain database file size variance by Operating System

I have a full node on both an Ubuntu 16.04 LTS and a Windows 10 device. Why is the database file containing blockchain a different size on each OS?
15
votes
1answer
2k views

How can I use Monero to pay a Bitcoin accepting merchant?

Can I use Monero to pay a Bitcoin accepting merchant in a untraceable manner? If so what is the process?
17
votes
2answers
280 views

Spam attack to gain control of many outputs and undermine privacy

Would it be possible for an attacker to send many transactions to himself with the goal of gaining control of many outputs for the purposes of deanonymizing transactions of others (using low mixins ...
13
votes
3answers
6k views

Performance comparison of Wolf's open source compared with Claymore's closed source miner

I have an AMD R9 390 graphics card. What is the expected hash rate difference between: Wolf's open source GPU miner https://github.com/wolf9466/wolf-xmr-miner/releases Claymore's closed source miner ...
17
votes
1answer
189 views

How does the Coin Selection work in Monero?

I'm interested in improving Coin Selection for Bitcoin, and I saw that the wallet implementation has significantly changed in Monero compared to Bitcoin. I was wondering whether the Coin Selection ...
11
votes
1answer
253 views

August 2014 spam attack

Please explain how the sophisticated August 2014 Monero network spam attack was designed and conducted. How did the Monero core team respond to the attack and prevent any lasting damage?
10
votes
1answer
1k views

Comparison of Curve25519 with secp256k1?

How does the security of Curve25519 compare with secp256k1? Is it known why the creators of CryptoNote may have chosen one curve over the other?
10
votes
2answers
265 views

What is OpenAlias and what is its relation to Monero?

What is OpenAlias and what is its relation to Monero and its core development team? How does OpenAlias compare with other aliasing systems? Which other open source projects have implemented the ...
12
votes
3answers
5k views

Do I need to sync the entire blockchain before I can send a transaction?

I have a cold storage wallet that I have only used to receive payments. After recovering my wallet with my mnemonic seed, do I need to synchronize the entire blockchain before I can send a ...
49
votes
3answers
7k views

How is Monero compared to Dash?

There are 2 main privacy-centric Bitcoin-like payment blockchain and cryptocurrencies – Dash and Monero and are always being compared to one another. What are their similarities and differences?
16
votes
4answers
4k views

How can I create (random) payment IDs?

If I want to give a new payment ID to each customer what tools can I use to do so automatically? Is there a way to generate a (random) payment ID using simplewallet or bitmonerod? What are the ...
14
votes
1answer
3k views

Minimum system requirements for Monero?

What are the minimum system requirements to run a full Monero node? Specifically: How much RAM do I need? How much disk space is required? Is a SSD needed to sync in a reasonable period of time? Is ...
13
votes
2answers
386 views

What is the reason for using the smoothly decreasing block reward?

What is the reason for using the smoothly decreasing block reward instead of a periodic "halving" like Bitcoin? What impact does a smoothly decreasing reward have other than avoiding sudden dramatic ...
10
votes
2answers
911 views

Why is Monero address reuse not discouraged?

Many Bitcoin users have been taught never to reuse addresses. Why is address reuse less important for Monero? Strictly from a privacy perspective what are the advantages and disadvantages of creating ...
9
votes
3answers
599 views

Is there a minimum and maximum mixin size?

Assuming at least some users do not care about privacy, why is there a need for a minimum mixin size? Is there a maximum mixin size? If my goal is to maximize privacy are there any reasons why I ...
-2
votes
1answer
272 views

How was the faulty ShadowCash implementation of ring signatures repaired in February 2016? [closed]

The cryptocurrency ShadowCash uses traceable ring signature to anonymize the sender of a transaction. However, these were originally implemented incorrectly, resulting in a partial de-anonymization of ...
6
votes
2answers
568 views

What are Electrum's mnemonic seeds?

I've read on wiki that Monero implemented Electrum's mnemonic seeds. What are these and what is the differences between other most common seeds?
20
votes
1answer
2k views

What is RingCT and how does it compare to Confidential Transactions?

What is RingCT and how does the addition of Ring Signatures enhance the privacy properties of RingCT compared to Confidential Transactions as designed by Greg Maxwell? https://people.xiph.org/~greg/...
8
votes
2answers
70 views

How can monero remain private in a soon to be virtual reality world?

2016 is said to be the year of virtual and augmented reality as these technologies come to market. As these technologies are stuffed with a lot of sensors, how do you see a way for us to make ...
20
votes
3answers
215 views

Why are rich lists impossible to create for Monero?

What technical challenges prevent the creation of Monero rich lists? Without a rich list or transparent blockchain how can a business or charity publish proof of XMR reserves?
2
votes
1answer
349 views

What is the difference between a “cold storage” wallet and a “hot” wallet?

What is the difference between a "cold storage" wallet and a "hot" wallet? Is it possible to sign a transaction to be sent from cold storage without converting it into a hot wallet?
16
votes
1answer
240 views

Counterparty On Monero

Counterparty is a cryptocurrency that sits in a layer 'on top of' Bitcoin. Unlike colored coins, which map identities to units of Bitcoin, Counterparty tokens aren't attached to any units of Bitcoin ...
16
votes
1answer
669 views

What is known about the creation and history of the CryptoNote protocol?

What is known about the creation and history of the CryptoNote protocol? Who created Monero and what events led to the Monero community takeover from the original developer?
13
votes
1answer
1k views

Could something like the Bitcoin Lightning Network be implemented for Monero?

Could something like the Bitcoin Lightning Network be implemented for Monero? What differences make a Monero implementation of the Lightning Network (or equivalent) more or less difficult than the ...

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