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Your Guide to Monero, and Why It Has Great Potential

/////Your Guide to Monero, and Why It Has Great Potential/////

Marketing.
It's a dirty word for most members of the Monero community.
It is also one of the most divisive words in the Monero community. Yet, the lack of marketing is one of the most frustrating things for many newcomers.
This is what makes this an unusual post from a member of the Monero community.
This post is an unabashed and unsolicited analyzation of why I believe Monero to have great potential.
Below I have attempted to outline different reasons why Monero has great potential, beginning with upcoming developments and use cases, to broader economic motives, speculation, and key issues for it to overcome.
I encourage you to discuss and criticise my musings, commenting below if you feel necessary to do so.

///Upcoming Developments///

Bulletproofs - A Reduction in Transaction Sizes and Fees
Since the introduction of Ring Confidential Transactions (Ring CT), transaction amounts have been hidden in Monero, albeit at the cost of increased transaction fees and sizes. In order to mitigate this issue, Bulletproofs will soon be added to reduce both fees and transaction size by 80% to 90%. This is great news for those transacting smaller USD amounts as people commonly complained Monero's fees were too high! Not any longer though! More information can be found here. Bulletproofs are already working on the Monero testnet, and developers were aiming to introduce them in March 2018, however it could be delayed in order to ensure everything is tried and tested.
Multisig
Multisig has recently been merged! Mulitsig, also called multisignature, is the requirement for a transaction to have two or more signatures before it can be executed. Multisig transactions and addresses are indistinguishable from normal transactions and addresses in Monero, and provide more security than single-signature transactions. It is believed this will lead to additional marketplaces and exchanges to supporting Monero.
Kovri
Kovri is an implementation of the Invisible Internet Project (I2P) network. Kovri uses both garlic encryption and garlic routing to create a private, protected overlay-network across the internet. This overlay-network provides users with the ability to effectively hide their geographical location and internet IP address. The good news is Kovri is under heavy development and will be available soon. Unlike other coins' false privacy claims, Kovri is a game changer as it will further elevate Monero as the king of privacy.
Mobile Wallets
There is already a working Android Wallet called Monerujo available in the Google Play Store. X Wallet is an IOS mobile wallet. One of the X Wallet developers recently announced they are very, very close to being listed in the Apple App Store, however are having some issues with getting it approved. The official Monero IOS and Android wallets, along with the MyMonero IOS and Android wallets, are also almost ready to be released, and can be expected very soon.
Hardware Wallets
Hardware wallets are currently being developed and nearing completion. Because Monero is based on the CryptoNote protocol, it means it requires unique development in order to allow hardware wallet integration. The Ledger Nano S will be adding Monero support by the end of Q1 2018. There is a recent update here too. Even better, for the first time ever in cryptocurrency history, the Monero community banded together to fund the development of an exclusive Monero Hardware Wallet, and will be available in Q2 2018, costing only about $20! In addition, the CEO of Trezor has offered a 10BTC bounty to whoever can provide the software to allow Monero integration. Someone can be seen to already be working on that here.
TAILS Operating System Integration
Monero is in the progress of being packaged in order for it to be integrated into TAILS and ready to use upon install. TAILS is the operating system popularised by Edward Snowden and is commonly used by those requiring privacy such as journalists wanting to protect themselves and sources, human-right defenders organizing in repressive contexts, citizens facing national emergencies, domestic violence survivors escaping from their abusers, and consequently, darknet market users.
In the meantime, for those users who wish to use TAILS with Monero, u/Electric_sheep01 has provided Sheep's Noob guide to Monero GUI in Tails 3.2, which is a step-by-step guide with screenshots explaining how to setup Monero in TAILS, and is very easy to follow.
Mandatory Hardforks
Unlike other coins, Monero receives a protocol upgrade every 6 months in March and September. Think of it as a Consensus Protocol Update. Monero's hard forks ensure quality development takes place, while preventing political or ideological issues from hindering progress. When a hardfork occurs, you simply download and use the new daemon version, and your existing wallet files and copy of the blockchain remain compatible. This reddit post provides more information.
Dynamic fees
Many cryptocurrencies have an arbitrary block size limit. Although Monero has a limit, it is adaptive based on the past 100 blocks. Similarly, fees change based on transaction volume. As more transactions are processed on the Monero network, the block size limit slowly increases and the fees slowly decrease. The opposite effect also holds true. This means that the more transactions that take place, the cheaper the fees!
Tail Emission and Inflation
There will be around 18.4 million Monero mined at the end of May 2022. However, tail emission will kick in after that which is 0.6 XMR, so it has no fixed limit. Gundamlancer explains that Monero's "main emission curve will issue about 18.4 million coins to be mined in approximately 8 years. (more precisely 18.132 Million coins by ca. end of May 2022) After that, a constant "tail emission" of 0.6 XMR per 2-minutes block (modified from initially equivalent 0.3 XMR per 1-minute block) will create a sub-1% perpetual inflatio starting with 0.87% yearly inflation around May 2022) to prevent the lack of incentives for miners once a currency is not mineable anymore.
Monero Research Lab
Monero has a group of anonymous/pseudo-anonymous university academics actively researching, developing, and publishing academic papers in order to improve Monero. See here and here. The Monero Research Lab are acquainted with other members of cryptocurrency academic community to ensure when new research or technology is uncovered, it can be reviewed and decided upon whether it would be beneficial to Monero. This ensures Monero will always remain a leading cryptocurrency. A recent end of 2017 update from a MRL researcher can be found here.

///Monero's Technology - Rising Above The Rest///

Monero Has Already Proven Itself To Be Private, Secure, Untraceable, and Trustless
Monero is the only private, untraceable, trustless, secure and fungible cryptocurrency. Bitcoin and other cryptocurrencies are TRACEABLE through the use of blockchain analytics, and has lead to the prosecution of numerous individuals, such as the alleged Alphabay administrator Alexandre Cazes. In the Forfeiture Complaint which detailed the asset seizure of Alexandre Cazes, the anonymity capabilities of Monero were self-demonstrated by the following statement of the officials after the AlphaBay shutdown: "In total, from CAZES' wallets and computer agents took control of approximately $8,800,000 in Bitcoin, Ethereum, Monero and Zcash, broken down as follows: 1,605.0503851 Bitcoin, 8,309.271639 Ethereum, 3,691.98 Zcash, and an unknown amount of Monero".
Privacy CANNOT BE OPTIONAL and must be at a PROTOCOL LEVEL. With Monero, privacy is mandatory, so that everyone gets the benefits of privacy without any transactions standing out as suspicious. This is the reason Darknet Market places are moving to Monero, and will never use Verge, Zcash, Dash, Pivx, Sumo, Spectre, Hush or any other coins that lack good privacy. Peter Todd (who was involved in the Zcash trusted setup ceremony) recently reiterated his concerns of optional privacy after Jeffrey Quesnelle published his recent paper stating 31.5% of Zcash transactions may be traceable, and that only ~1% of the transactions are pure privacy transactions (i.e., z -> z transactions). When the attempted private transactions stand out like a sore thumb there is no privacy, hence why privacy cannot be optional. In addition, in order for a cryptocurrency to truly be private, it must not be controlled by a centralised body, such as a company or organisation, because it opens it up to government control and restrictions. This is no joke, but Zcash is supported by DARPA and the Israeli government!.
Monero provides a stark contrast compared to other supposed privacy coins, in that Monero does not have a rich list! With all other coins, you can view wallet balances on the blockexplorers. You can view Monero's non-existent rich list here to see for yourself.
I will reiterate here that Monero is TRUSTLESS. You don't need to rely on anyone else to protect your privacy, or worry about others colluding to learn more about you. No one can censor your transaction or decide to intervene. Monero is immutable, unlike Zcash, in which the lead developer Zooko publicly tweeted the possibility of providing a backdoor for authorities to trace transactions. To Zcash's demise, Zooko famously tweeted:
" And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible. …"
Ethereum's track record of immutability is also poor. Ethereum was supposed to be an immutable blockchain ledger, however after the DAO hack this proved to not be the case. A 2016 article on Saintly Law summarised the problematic nature of Ethereum's leadership and blockchain intervention:
" Many ethereum and blockchain advocates believe that the intervention was the wrong move to make in this situation. Smart contracts are meant to be self-executing, immutable and free from disturbance by organisations and intermediaries. Yet the building block of all smart contracts, the code, is inherently imperfect. This means that the technology is vulnerable to the same malicious hackers that are targeting businesses and governments. It is also clear that the large scale intervention after the DAO hack could not and would not likely be taken in smaller transactions, as they greatly undermine the viability of the cryptocurrency and the technology."
Monero provides Fungibility and Privacy in a Cashless World
As outlined on GetMonero.org, fungibility is the property of a currency whereby two units can be substituted in place of one another. Fungibility means that two units of a currency can be mutually substituted and the substituted currency is equal to another unit of the same size. For example, two $10 bills can be exchanged and they are functionally identical to any other $10 bill in circulation (although $10 bills have unique ID numbers and are therefore not completely fungible). Gold is probably a closer example of true fungibility, where any 1 oz. of gold of the same grade is worth the same as another 1 oz. of gold. Monero is fungible due to the nature of the currency which provides no way to link transactions together nor trace the history of any particular XMR. 1 XMR is functionally identical to any other 1 XMR. Fungibility is an advantage Monero has over Bitcoin and almost every other cryptocurrency, due to the privacy inherent in the Monero blockchain and the permanently traceable nature of the Bitcoin blockchain. With Bitcoin, any BTC can be tracked by anyone back to its creation coinbase transaction. Therefore, if a coin has been used for an illegal purpose in the past, this history will be contained in the blockchain in perpetuity.
A great example of Bitcoin's lack of fungibility was reposted by u/ViolentlyPeaceful:
"Imagine you sell cupcakes and receive Bitcoin as payment. It turns out that someone who owned that Bitcoin before you was involved in criminal activity. Now you are worried that you have become a suspect in a criminal case, because the movement of funds to you is a matter of public record. You are also worried that certain Bitcoins that you thought you owned will be considered ‘tainted’ and that others will refuse to accept them as payment."
This lack of fungibility means that certain businesses will be obligated to avoid accepting BTC that have been previously used for purposes which are illegal, or simply run afoul of their Terms of Service. Currently some large Bitcoin companies are blocking, suspending, or closing accounts that have received Bitcoin used in online gambling or other purposes deemed unsavory by said companies. Monero has been built specifically to address the problem of traceability and non-fungibility inherent in other cryptocurrencies. By having completely private transactions Monero is truly fungible and there can be no blacklisting of certain XMR, while at the same time providing all the benefits of a secure, decentralized, permanent blockchain.
The world is moving cashless. Fact. The ramifications of this are enormous as we move into a cashless world in which transactions will be tracked and there is a potential for data to be used by third parties for adverse purposes. While most new cryptocurrency investors speculate upon vaporware ICO tokens in the hope of generating wealth, Monero provides salvation for those in which financial privacy is paramount. Too often people equate Monero's features with criminal endeavors. Privacy is not a crime, and is necessary for good money. Transparency in Monero is possible OFF-CHAIN, which offers greater transparency and flexibility. For example, a Monero user may share their Private View Key with their accountant for tax purposes.
Monero aims to be adopted by more than just those with nefarious use cases. For example, if you lived in an oppressive religious regime and wanted to buy a certain item, using Monero would allow you to exchange value privately and across borders if needed. Another example is that if everybody can see how much cryptocurrency you have in your wallet, then a certain service might decide to charge you more, and bad actors could even use knowledge of your wallet balance to target you for extortion purposes. For example, a Russian cryptocurrency blogger was recently beaten and robbed of $425k. This is why FUNGIBILITY IS ESSENTIAL. To summarise this in a nutshell:
"A lack of fungibility means that when sending or receiving funds, if the other person personally knows you during a transaction, or can get any sort of information on you, or if you provide a residential address for shipping etc. – you could quite potentially have them use this against you for personal gain"
For those that wish to seek more information about why Monero is a superior form of money, read The Merits of Monero: Why Monero Vs Bitcoin over on the Monero.how website.
Monero's Humble Origins
Something that still rings true today despite the great influx of money into cryptocurrencies was outlined in Nick Tomaino's early 2016 opinion piece. The author claimed that "one of the most interesting aspects of Monero is that the project has gained traction without a crowd sale pre-launch, without VC funding and any company or well-known investors and without a pre-mine. Like Bitcoin in the early days, Monero has been a purely grassroots movement that was bootstrapped by the creator and adopted organically without any institutional buy-in. The creator and most of the core developers serve the community pseudonymously and the project was launched on a message board (similar to the way Bitcoin was launched on an email newsletter)."
The Organic Growth of the Monero Community
The Monero community over at monero is exponentially growing. You can view the Monero reddit metrics here and see that the Monero subreddit currently gains more than 10,000 (yes, ten thousand!) new subscribers every 10 days! Compare this to most of the other coins out there, and it proves to be one of the only projects with real organic growth. In addition to this, the community subreddits are specifically divided to ensure the main subreddit remains unbiased, tech focused, with no shilling or hype. All trading talk is designated to xmrtrader, and all memes at moonero.
Forum Funding System
While most contributors have gratefully volunteered their time to the project, Monero also has a Forum Funding System in which money is donated by community members to ensure it attracts and retains the brightest minds and most skilled developers. Unlike ICOs and other cryptocurrencies, Monero never had a premine, and does not have a developer tax. If ANYONE requires funding for a Monero related project, then they can simply request funding from the community, and if the community sees it as beneficial, they will donate. Types of projects range from Monero funding for local meet ups, to paying developers for their work.
Monero For Goods, Services, and Market Places
There is a growing number of online goods and services that you can now pay for with Monero. Globee is a service that allows online merchants to accept payments through credit cards and a host of cryptocurrencies, while being settled in Bitcoin, Monero or fiat currency. Merchants can reach a wider variety of customers, while not needing to invest in additional hardware to run cryptocurrency wallets or accept the current instability of the cryptocurrency market. Globee uses all of the open source API's that BitPay does making integrations much easier!
Project Coral Reef is a service which allows you to shop and pay for popular music band products and services using Monero.
Linux, Veracrypt, and a whole array of VPNs now accept Monero.
There is a new Monero only marketplace called Annularis currently being developed which has been created for those who value financial privacy and economic freedom, and there are rumours Open Bazaar is likely to support Monero once Multisig is implemented.
In addition, Monero is also supported by The Living Room of Satoshi so you can pay bills or credit cards directly using Monero.
Monero can be found on a growing number of cryptocurrency exchange services such as Bittrex, Poloniex, Cryptopia, Shapeshift, Changelly, Bitfinex, Kraken, Bisq, Tux, and many others.
For those wishing to purchase Monero anonymously, there are services such as LocalMonero.co and Moneroforcash.com.
With XMR.TO you can pay Bitcoin addresses directly with Monero. There are no other fees than the miner ones. All user records are purged after 48 hours. XMR.TO has also been added as an embedded feature into the Monerujo android wallet.
Coinhive Browser-Based Mining
Unlike Bitcoin, Monero can be mined using CPUs and GPUs. Not only does this encourage decentralisation, it also opens the door to browser based mining. Enter side of stage, Coinhive browser-based mining. As described by Hon Lau on the Symnatec Blog Browser-based mining, as its name suggests, is a method of cryptocurrency mining that happens inside a browser and is implemented using Javascript. Coinhive is marketed as an alternative to browser ad revenue. The motivation behind this is simple: users pay for the content indirectly by coin mining when they visit the site and website owners don't have to bother users with sites laden with ads, trackers, and all the associated paraphern. This is great, provided that the websites are transparent with site visitors and notify users of the mining that will be taking place, or better still, offer users a way to opt in, although this hasn't always been the case thus far.
Skepticism Sunday
The main Monero subreddit has weekly Skepticism Sundays which was created with the purpose of installing "a culture of being scientific, skeptical, and rational". This is used to have open, critical discussions about monero as a technology, it's economics, and so on.

///Speculation///

Major Investors And Crypto Figureheads Are Interested
Ari Paul is the co-founder and CIO of BlockTower Capital. He was previously a portfolio manager for the University of Chicago's $8 billion endowment, and a derivatives market maker and proprietary trader for Susquehanna International Group. Paul was interviewed on CNBC on the 26th of December and when asked what was his favourite coin was, he stated "One that has real fundamental value besides from Bitcoin is Monero" and said it has "very strong engineering". In addition, when he was asked if that was the one used by criminals, he replied "Everything is used by criminals including the US dollar and the Euro". Paul later supported these claims on Twitter, recommending only Bitcoin and Monero as long-term investments.
There are reports that "Roger Ver, earlier known as 'Bitcoin Jesus' for his evangelical support of the Bitcoin during its early years, said his investment in Monero is 'substantial' and his biggest in any virtual currency since Bitcoin.
Charlie Lee, the creator of Litecoin, has publicly stated his appreciation of Monero. In a September 2017 tweet directed to Edward Snowden explaining why Monero is superior to Zcash, Charlie Lee tweeted:
All private transactions, More tested privacy tech, No tax on miners to pay investors, No high inflation... better investment.
John McAfee, arguably cryptocurrency's most controversial character at the moment, has publicly supported Monero numerous times over the last twelve months(before he started shilling ICOs), and has even claimed it will overtake Bitcoin.
Playboy instagram celebrity Dan Bilzerian is a Monero investor, with 15% of his portfolio made up of Monero.
Finally, while he may not be considered a major investor or figurehead, Erik Finman, a young early Bitcoin investor and multimillionaire, recently appeared in a CNBC Crypto video interview, explaining why he isn't entirely sold on Bitcoin anymore, and expresses his interest in Monero, stating:
"Monero is a really good one. Monero is an incredible currency, it's completely private."
There is a common belief that most of the money in cryptocurrency is still chasing the quick pump and dumps, however as the market matures, more money will flow into legitimate projects such as Monero. Monero's organic growth in price is evidence smart money is aware of Monero and gradually filtering in.
The Bitcoin Flaw
A relatively unknown blogger named CryptoIzzy posted three poignant pieces regarding Monero and its place in the world. The Bitcoin Flaw: Monero Rising provides an intellectual comparison of Monero to other cryptocurrencies, and Valuing Cryptocurrencies: An Approach outlines methods of valuing different coins.
CryptoIzzy's most recent blog published only yesterday titled Monero Valuation - Update and Refocus is a highly recommended read. It touches on why Monero is much more than just a coin for the Darknet Markets, and provides a calculated future price of Monero.
CryptoIzzy also published The Power of Money: A Case for Bitcoin, which is an exploration of our monetary system, and the impact decentralised cryptocurrencies such as Bitcoin and Monero will have on the world. In the epilogue the author also provides a positive and detailed future valuation based on empirical evidence. CryptoIzzy predicts Monero to easily progress well into the four figure range.
Monero Has a Relatively Small Marketcap
Recently we have witnessed many newcomers to cryptocurrency neglecting to take into account coins' marketcap and circulating supply, blindly throwing money at coins under $5 with inflated marketcaps and large circulating supplies, and then believing it's possible for them to reach $100 because someone posted about it on Facebook or Reddit.
Compared to other cryptocurrencies, Monero still has a low marketcap, which means there is great potential for the price to multiply. At the time of writing, according to CoinMarketCap, Monero's marketcap is only a little over $5 billion, with a circulating supply of 15.6 million Monero, at a price of $322 per coin.
For this reason, I would argue that this is evidence Monero is grossly undervalued. Just a few billion dollars of new money invested in Monero can cause significant price increases. Monero's marketcap only needs to increase to ~$16 billion and the price will triple to over $1000. If Monero's marketcap simply reached ~$35 billion (just over half of Ripple's $55 billion marketcap), Monero's price will increase 600% to over $2000 per coin.
Another way of looking at this is Monero's marketcap only requires ~$30 billion of new investor money to see the price per Monero reach $2000, while for Ethereum to reach $2000, Ethereum's marketcap requires a whopping ~$100 billion of new investor money.
Technical Analysis
There are numerous Monero technical analysts, however none more eerily on point than the crowd-pleasing Ero23. Ero23's charts and analysis can be found on Trading View. Ero23 gained notoriety for his long-term Bitcoin bull chart published in February, which is still in play today. Head over to his Trading View page to see his chart: Monero's dwindling supply. $10k in 2019 scenario, in which Ero23 predicts Monero to reach $10,000 in 2019. There is also this chart which appears to be freakishly accurate and is tracking along perfectly today.
Coinbase Rumours
Over the past 12 months there have been ongoing rumours that Monero will be one of the next cryptocurrencies to be added to Coinbase. In January 2017, Monero Core team member Riccardo 'Fluffypony' Spagni presented a talk at Coinbase HQ. In addition, in November 2017 GDAX announced the GDAX Digit Asset Framework outlining specific parameters cryptocurrencies must meet in order to be added to the exchange. There is speculation that when Monero has numerous mobile and hardware wallets available, and multisig is working, then it will be added. This would enable public accessibility to Monero to increase dramatically as Coinbase had in excess of 13 million users as of December, and is only going to grow as demand for cryptocurrencies increases. Many users argue that due to KYC/AML regulations, Coinbase will never be able to add Monero, however the Kraken exchange already operates in the US and has XMfiat pairs, so this is unlikely to be the reason Coinbase is yet to implement XMfiat trading.
Monero Is Not an ICO Scam
It is likely most of the ICOs which newcomers invest in, hoping to get rich quick, won't even be in the Top 100 cryptocurrencies next year. A large portion are most likely to be pumps and dumps, and we have already seen numerous instances of ICO exit scams. Once an ICO raises millions of dollars, the developers or CEO of the company have little incentive to bother rolling out their product or service when they can just cash out and leave. The majority of people who create a company to provide a service or product, do so in order to generate wealth. Unless these developers and CEOs are committed and believed in their product or service, it's likely that the funds raised during the ICO will far exceed any revenue generated from real world use cases.
Monero is a Working Currency, Today
Monero is a working currency, here today.
The majority of so called cryptocurrencies that exist today are not true currencies, and do not aim to be. They are a token of exchange. They are like a share in a start-up company hoping to use blockchain technology to succeed in business. A crypto-assest is a more accurate name for coins such as Ethereum, Neo, Cardano, Vechain, etc.
Monero isn't just a vaporware ICO token that promises to provide a blockchain service in the future. It is not a platform for apps. It is not a pump and dump coin.
Monero is the only coin with all the necessary properties to be called true money.
Monero is private internet money.
Some even describe Monero as an online Swiss Bank Account or Bitcoin 2.0, and it is here to continue on from Bitcoin's legacy.
Monero is alleviating the public from the grips of banks, and protests the monetary system forced upon us.
Monero only achieved this because it is the heart and soul, and blood, sweat, and tears of the contributors to this project. Monero supporters are passionate, and Monero has gotten to where it is today thanks to its contributors and users.

///Key Issues for Monero to Overcome///

Scalability
While Bulletproofs are soon to be implemented in order to improve Monero's transaction sizes and fees, scalability is an issue for Monero that is continuously being assessed by Monero's researchers and developers to find the most appropriate solution. Ricardo 'Fluffypony' Spagni recently appeared on CNBC's Crypto Trader, and when asked whether Monero is scalable as it stands today, Spagni stated that presently, Monero's on-chain scaling is horrible and transactions are larger than Bitcoin's (because of Monero's privacy features), so side-chain scaling may be more efficient. Spagni elaborated that the Monero team is, and will always be, looking for solutions to an array of different on-chain and off-chain scaling options, such as developing a Mimblewimble side-chain, exploring the possibility of Lightning Network so atomic swaps can be performed, and Tumblebit.
In a post on the Monero subreddit from roughly a month ago, monero moderator u/dEBRUYNE_1 supports Spagni's statements. dEBRUYNE_1 clarifies the issue of scalability:
"In Bitcoin, the main chain is constrained and fees are ludicrous. This results in users being pushed to second layer stuff (e.g. sidechains, lightning network). Users do not have optionality in Bitcoin. In Monero, the goal is to make the main-chain accessible to everyone by keeping fees reasonable. We want users to have optionality, i.e., let them choose whether they'd like to use the main chain or second layer stuff. We don't want to take that optionality away from them."
When the Spagni CNBC video was recently linked to the Monero subreddit, it was met with lengthy debate and discussion from both users and developers. u/ferretinjapan summarised the issue explaining:
"Monero has all the mechanisms it needs to find the balance between transaction load, and offsetting the costs of miner infrastructure/profits, while making sure the network is useful for users. But like the interviewer said, the question is directed at "right now", and Fluffys right to a certain extent, Monero's transactions are huge, and compromises in blockchain security will help facilitate less burdensome transactional activity in the future. But to compare Monero to Bitcoin's transaction sizes is somewhat silly as Bitcoin is nowhere near as useful as monero, and utility will facilitate infrastructure building that may eventually utterly dwarf Bitcoin. And to equate scaling based on a node being run on a desktop being the only option for what classifies as "scalable" is also an incredibly narrow interpretation of the network being able to scale, or not. Given the extremely narrow definition of scaling people love to (incorrectly) use, I consider that a pretty crap question to put to Fluffy in the first place, but... ¯_(ツ)_/¯"
u/xmrusher also contributed to the discussion, comparing Bitcoin to Monero using this analogous description:
"While John is much heavier than Henry, he's still able to run faster, because, unlike Henry, he didn't chop off his own legs just so the local wheelchair manufacturer can make money. While Morono has much larger transactions then Bitcoin, it still scales better, because, unlike Bitcoin, it hasn't limited itself to a cripplingly tiny blocksize just to allow Blockstream to make money."
Setting up a wallet can still be time consuming
It's time consuming and can be somewhat difficult for new cryptocurrency users to set up their own wallet using the GUI wallet or the Command Line Wallet. In order to strengthen and further decentralize the Monero network, users are encouraged to run a full node for their wallet, however this can be an issue because it can take up to 24-48 hours for some users depending on their hard-drive and internet speeds. To mitigate this issue, users can run a remote node, meaning they can remotely connect their wallet to another node in order to perform transactions, and in the meantime continue to sync the daemon so in the future they can then use their own node.
For users that do run into wallet setup issues, or any other problems for that matter, there is an extremely helpful troubleshooting thread on the Monero subreddit which can be found here. And not only that, unlike some other cryptocurrency subreddits, if you ask a question, there is always a friendly community member who will happily assist you. Monero.how is a fantastic resource too!
Despite still being difficult to use, the user-base and price may increase dramatically once it is easier to use. In addition, others believe that when hardware wallets are available more users will shift to Monero.

///Conclusion///

I actually still feel a little shameful for promoting Monero here, but feel a sense of duty to do so.
Monero is transitioning into an unstoppable altruistic beast. This year offers the implementation of many great developments, accompanied by the likelihood of a dramatic increase in price.
I request you discuss this post, point out any errors I have made, or any information I may have neglected to include. Also, if you believe in the Monero project, I encourage you to join your local Facebook or Reddit cryptocurrency group and spread the word of Monero. You could even link this post there to bring awareness to new cryptocurrency users and investors.
I will leave you with an old on-going joke within the Monero community - Don't buy Monero - unless you have a use case for it of course :-) Just think to yourself though - Do I have a use case for Monero in our unpredictable Huxleyan society? Hint: The answer is ?
Edit: Added in the Tail Emission section, and noted Dan Bilzerian as a Monero investor. Also added information regarding the XMR.TO payment service. Added info about hardfork
submitted by johnfoss69 to CryptoCurrency [link] [comments]

A slightly overboard response to my threat model.

For what I hope are obvious reasons, I don't want, and probably will never post my threat model publicly online. However, regardless of that, what I'm sure you will extrapolate from this post is that I live my life, digitally in particular, with a fairly high level threat model. This is not because I'm some super sophisticated criminal mastermind, but rather, I am at this level because I genuinely love playing around with this stuff. And I just happen to understand the importance of privacy and just how vital it is to a truly healthy society. I would like to extend a thanks to ProgressiveArchitect for the sharing of the knowledge they have done on this subreddit, /privacytoolsio, and the like. We may have never interacted, but nevertheless, your input into this community is truly interesting and extremely informative and educating. I'm sure those of you familiar with PA's setup will be able to draw some parallels with mine and their's.
Thank you.
I hope you all enjoy reading this write up.
I run Qubes OS on a Lenovo ThinkPad X230 laptop. Specs for it are as following: - i7-3520M - 16GB RAM - 1TB Samsung 860 Evo SSD - Qualcomm Atheros AR9285 wireless card
Additionally, I used a Raspberry Pi Model 3B+ and a Pomono SPI clip to replace the stock BIOS firmware with coreboot+me_cleaner. This wasn't done out of any "real" concern for the Intel ME (though of course proprietary black-boxes like it should be avoided at all costs and not trusted), but rather for open source enthusiasm and for increased security and faster boot times than what the stock BIOS firmware allows for. On that note about the ME, I don't believe the conspiracy theories that claim that it is a state-sponsored attack method for surveillance. I believe that Intel had good intentions for improving the lives of IT professionals who need to manage hundreds, if not thousands of remote machines. However, it has proven time and time again to be insecure, and I don't need the remote management and the "features" that it provides on my machines.
In Qubes, I use a combination of AppVMs and StandaloneVMs for a variety of different purposes. All VMs use PVH over HVM, except for the Mirage Unikernel Firewall, which uses PV, and the sys-net and sys-usb StandaloneVMs which have to use HVM because of PCI device passthrough. Right now most of my VMs are AppVMs, but for maintenance and compartmentalization reasons, I am considering moving more towards StandaloneVMs, despite the increase in disk space and bandwidth usage for updates.
General route of from Qubes to the Internet for anonymous browsing, general private browsing, accessing Uni services, and Uni-related anonymous browsing respectively: 1. Qubes->sys-mirage-firewall->sys-vpn-wg->sys-corridor->sys-whonix->whonix-ws-15-dvm to the internet. 2. Qubes->sys-mirage-firewall->sys-vpn-wg to the Internet. 3. Qubes->sys-mirage-firewall->uni-vpn-wg to the Internet. 4. Qubes->sys-mirage-firewall->uni-vpn-wg->uni-corridor->uni-whonix->uni-anon-research to the Internet.

(Note: the VPN name is substituted in the "vpn" above. I had to remove it to comply with this subreddit's rules. It is easy to identify what VPN it is as it randomly generates a long numaric string and has fantastic support for WireGuard.)

Web Browsers: - Tor Browser (primary) in a disposable Whonix VM. - Firefox (secondary) with the about:config changes listed on privacytools.io and the following extensions: Cookies AutoDelete, Decentraleyes, HTTPS Everywhere, uBlock Origin (advance user, all third party content blocked and JavaScript disabled), and Vim Vixen. Used in my personal AppVM. - Ungoogled Chromium (Uni only) with standard uBlock Origin and cVim. Used only for Uni-related access in my uni-campus and uni-home AppVMs.
Search Engine: SearX, Startpage, and DuckDuckGo.
Password Manager: KeePassXC.
Office: LibreOffice.
Notes: Standard Notes.
Messaging: Signal Desktop.
Media Playback: mpv.
Emails: I access my personal email within my personal Qubes domain and my Uni email using my Uni Qubes domains. My emails are downloaded to a local repository using isync, send using msmtp, and read using neomutt with html emails converted to plain text using w3m. Emails are sent in plain text too. All of the attachments in the emails (PDFs mostly) are automatically opened in DisposableVMs.
My personal Posteo email account has incoming encryption setup. This means that I emailed my public GPG key to an address correlated to my actual Posteo email address so that all email that I receive is encrypted with my public key and can only be decrypted using my private key. So even if my emails were intercepted and/or my account broken into, the contents of them are safe since they are encrypted as soon as they hit Posteo's servers.
I have setup a number of Posteo aliases that are completely segregated from the email I used to register my account. One of those is considered my "professional" email for my current job. I have another couple aliases, one dedicated for 33mail and another dedicated for Abine Blur. I make use of 33mail alias addresses for catch-all email addresses for registering for accounts that need to be under a username associated with my name anyways. This is for purposes like putting different compartmentalized, but still related emails to put onto my Resume. I use a different alias for each Resume I put out online. That way, when that information gets sold, traded, etc., I can easily trace it back to who sold the information. For example, if I applied for a job online that required me to go through the process of registering an account through a third-party, say 'xyz Inc', the address I would register that account with would be [email protected], or something along those lines. Abine Blur is used much in the same manner but for accounts that don't need to be associated with my real name in any way, say online shopping on Amazon that I do under an many aliases, then ship to various address that I don't live at, but that I can visit with no problems. I use a different Blur address with each service like with 33mail for the same reasoning shown above.
The passwords for the accounts are encrypted and stored locally in each of the domains, however, my private key is stored in my vault domain, so even if an adversary were to compromise the domains, they wouldn't be able to steal my private key without exploiting the hypervisor. They would only be able to wait for me to authorize the usage of my private key in that domain, and even then, it could only be used to decrypt files. That is a concern that they can use my private key to decrypt messages, but they wouldn't be able to steal the key. With my personal email, the emails would also be encrypted locally anyway so they wouldn't be able to read them. My Uni email, in contrast, uses Outlook unfortunately, so there isn't any option to enable incoming encryption, and even if it was, I'm not sure how private it would be anyways.
For those looking for an in depth list of all my VMs, with explanations for the more obscure ones, I have listed them below. I have got a lot of templates, hence why I am considering moving over to StandaloneVMs, but as of right now:

Templates:

StandaloneVMs:

AppVMs:

Phone: Motorola Moto G5s running Lineage OS 16.0 Pie no G-Apps or micro-G with the following Apps: - AdAway: Open Source hosts file-based ad blocker. (Requires root.) - AFWall+: Linux iptables front end. (Requires root.) - Amaze: File manager. - andOPT: 2FA app. I like it since it can export the entries to an AES encrypted file. - AntennaPod: Podcast manager. - AnySoftKeyboard - Simple Calendar - Simple Contacts Pro - DAVx5: CalDav syncronization with my calendar on my Posteo email account. - F-Droid - Fennec F-Droid: Web Browser. Has the same Firefox addons like on Qubes minus Vim Vixen. I used the app Privacy Settings to configure the about:config. - KeePassDX: Password manager. - KISS launcher - Magisk Manager - NewPipe: YouTube app replacement. - S.Notes: Standard Notes. - OsmAnd~: Maps and navigation. - Red Moon: Blue light filter. - SELinuxModeChanger: Exactly as it sounds. (Requires root.) - Shelter: Work profile manager. - Signal: Messaging. - Vinyl Music Player: Music player. - WireGuard: VPN protocol frontend. Is configured to use my VPN account. Is setup as an always-on and connected VPN.
As mentioned, I use Shelter to manage my work profile. In it I isolate the following apps: - Clover: *chan browser. - Orbot: For routing apps through Tor. Is setup as an always-on and connected VPN. - RedReader: Reddit client. - Tor Browser
Over the last several years, I have started using my phone less and less and taking advantage of less of what it has got to offer. I don't check email on my device. I have no real need to browse the Internet on it outside of watching videos using NewPipe, browsing Reddit, and various *chan boards.
On the Smart Phone side of things, I am considering purchasing an older used iPhone SE or 6S for use with MySudo when outside of my home as well as an iPod Touch for use on WiFi only for use inside my home. The iPhone would be kept inside of a faraday bag when I am at home and not using it. It would also be kept in the faraday bag whenever at home to avoid associating that device with my home address. The iPod Touch would be used for MySudo calls instead.
Future outlook and plan for my privacy and security:
To avoid as much deanonymisation of my privacy as possible, I'm only going to specify enough so that anyone reading this can get the jist of my situation in life. I am quite young (age 16 to 25) and I started along this privacy journey when I was even younger. I was never a very heavy social media user, however I did have an online presence if you looked hard enough. My name fortunately is a very common and short name, so that does help to bury information that I was not able to remove further in the vast trenches that is the Internet.
On the digital side of things, I mentioned that I have a dedicated Crypto AppVM for handling crypto currency transactions using Bisq. I have setup a dedicated bank account that I have periodically been transferring money into so that I can trade crypto. Unfortunately, I do not live in the US, so being able to effectively start trades with others is more difficult. I also do not have access to a credit card masking account like privacy.com (that I absolutely would use given the ability). I plan on getting an anonymous VPS to host my own Tor exit node for better speeds and to mitigate the possibility of malicious exit nodes. The country I live in has been a proponent of absolute dragnet surveillance on all activities occurring online and in real life, though the former is far more visible on this subreddit. I will be using crypto with cleaned Bitcoin (as seen with ProgressiveArchitect's setup) for purchasing my VPN service, etc.
With future hardware, to replace my aging laptop, I am very hopeful for Xen, then eventually Qubes OS getting ported to Power9. When that happens I'll be getting a Raptor Computing Blackbird as a desktop. Maybe in the future I'll get a Purism Librem laptop, but for now my corebooted X230 works perfectly for my use cases. On that note, I have successfully build the Heads firmware for the X230 and I was able to get the minimal 4MB image flashed on my laptop. I did revert it back to my coreboot setup after playing around a little with it, and unfortunately I haven't had time since to do a full, complete flash of it.
On the physical/real life side of things, I plan on making use of various Trusts in order to hold assets, say to keep my name from being immediately visible on the title of my car. As of right now I am fortunate enough to have the title of my car under the name of someone who I trust. Unless I am legally required, and where there are immediate and absolute consequences, I use fake names in real life. With Uni, I am enrolled under my real name and address. This is a requirement and it is verified, so there is nothing that I can realistically do about it. As for other services, I plan on setting up a personal mailbox (PMB), etc if possible to use as a real, physical address that is associated with my real name and that is used for things like Government issued ID. In the future when I move again, I plan on renting a place in cash to try and keep my name dissociated with my real address. For those looking for reasoning on why one would want to do that, please read How to be Invisible by J.J. Luna. It's truly the Bible of physical privacy.
At this stage I am just going off on a ramble, so I should cut it short here.
I have just started and I live for this shit.
submitted by ComprehensiveAddict to privacy [link] [comments]

How to get a public static ip for your local lightning node

My lightning node is a node that is running locally on my server hardware in my house down under, far from the New Jersey Digitalocean datacenter, which is what will come up if you look up the ip of the node. This is done via an OpenVPN tunnel from your local machine to a VPS. I am doing this by renting a VPS from Digitalocean for $20 a month (2 vCPUs, 2GB RAM) running Ubuntu 18.04. You can do this just as easily on a $5 a month VPS with 1 vCPU and 1GB RAM or even a $2.50 a month VPS from Vultr with 512MB RAM. I needed the extra power because I have many web services running there as well.
This setup allows me to have a highly available lightning node, not affected by my home IP address changing. If you are using a mobile connection or have a CGNAT, you wont be able to port forward for your lightning node. This setup allows you to do so. You can also use this to make a portable lightning node, which can get you a full lightning node wherever you have power and internet, without having to mess with network settings. If you don't want others to know your home IP, this is a good option for privacy.
  1. Setup a local lightning node, preferably on a linux machine. I followed the Raspibolt tu`ial (with some tweaks) on a 2 vCPU and 8GB RAM VM running Ubuntu 16.04.
  2. Get a VPS with a static IP address. Digitalocean and Vultr VPSs already are. This VPS wont need much power, so get the cheapest one you can.
  3. Secure the VPS. I used this tutorial. Essentially, setup a non root user, use ssh keys, and setup ufw. Also make sure to allow port 9735 through ufw for lightning. I also additionally made adjustments to the ssh config and installed fail2ban.
  4. Setup an OpenVPN server on the VPS. I used this tutorial.
  5. Install on OpenVPN client on the local linux machine and connect to the server. The tutorial from step 4 shows how to this. Keep this connected for step 6.
  6. SSH into the VPS and figure out the OpenVPN IP address of the client. It should be 10.8.0.x. To figure out the x, setup a simple python web server or something on the local machine on port 8000 or something and open the port on ufw in the local machine. Keep the OpenVPN connection, and use a new ssh session when accessing your local machine. Don't kill the OpenVPN connection, as it may complicate things when finding the ip.
    mkdir testweb
    cd testweb
    echo hello >> index.html
    sudo ufw allow 8000
    python -m SimpleHTTPServer 8000
  7. SSH back into the VPS. Run the curl command below, and try all the numbers between 2-10 for x. When you get hello as your output, then you found the right IP. I found mine at 6. You may have to try higher numbers, but this is unlikely. You can kill your python webserver on your local machine once you find it.
    curl 10.8.0.x:8000
  8. Once you have the IP, you want to make this static, so it doesn't change when you reconnect. This is done on the VPS side, so ssh back into the VPS. This tutorial worked for me. Just make sure to change values like the CommonName and and the IP to match yours (client1 and 10.8.0.x). If it doesn't work search "make openvpn ip static" and look around.
  9. SSH into your local machine, and make the OpenVPN connection persistent. You can kill the OpenVPN connection now. Doing this and this worked for me. If it doesn't work search "openvpn keepalive" or "openvpn auto connect linux" or "make openvpn connection persistent linux".
  10. Restart your local machine, and make sure it connects on boot. Do the python webserver test again, and make sure the same ip is shown on the VPS, and it is still accessible.
  11. SSH back into the VPS. Now, you have to port forward with iptables. you have to add the 2 lines below starting with -A PREROUTING in the same place in your /etc/ufw/before.rules file. Here is what mine looks like. Change the x to your OpenVPN IP. Do sudo ufw disable and sudo ufw enable to restart ufw to update your changes.
    *nat
    :POSTROUTING ACCEPT [0:0]
    -A PREROUTING -i eth0 -p tcp -m tcp --dport 9735 -j DNAT --to-destination 10.8.0.x:9735
    -A PREROUTING -i eth0 -p udp -m udp --dport 9735 -j DNAT --to-destination 10.8.0.x:9735
    -A POSTROUTING -s 10.8.0.0/8 -o eth0 -j MASQUERADE
    COMMIT
  12. SSH into your local machine. Change your lnd.conf to match with this setup, like changing the externalip. Here is what my config looks like, a slight tweak from the Raspibolt one:
    [Application Options]
    debuglevel=info
    maxpendingchannels=5
    alias=GCUBED [LND]
    color=#68F442
    listen=0.0.0.0:9735
    externalip=157.230.95.74:9735
    [Bitcoin]
    bitcoin.active=1
    bitcoin.mainnet=1
    bitcoin.node=bitcoind
    [autopilot]
    autopilot.active=1
    autopilot.maxchannels=5
    autopilot.allocation=0.6
  13. Do a sudo service lnd restart to restart lnd and apply the changes. Remember to do a lncli unlock after any restarts. Your lnd node should now have a public static ip. Look it up a few hours after you do this on 1ml, your ip should be the one of your VPS now.
I am monitoring this for free with uptimerobot. It will notify you if it has gone down. So far mine has been running for 3 days and hasn't gone down.
EDIT: Formatting
EDIT 2: The main reason I didn't use a ddns or a hidden service was mainly for high uptime, and low latency. I am planning on developing a lapp with this node and I didn't want to risk any downtime. Running lightning as a hidden service is a great idea as well, this tutorial shows how to achieve something similar with the clearnet.
EDIT 3: You can achieve a similar result from using TOR
submitted by ggelango to Bitcoin [link] [comments]

Skywire Testnet FAQ Update (July, 2018)

Please keep in mind that this will be an evolving FAQ and a living document as we progress through our testnet, so check back here often for updates.

General Information

What is the objective of the Skywire Public Testnet?

There are several goals we will accomplish with the Skywire Public Testnet. The testnet will be split into several phases. The version running today is the internal version of our testnet, aimed to validate its function and performance. The coming revision will publicize the network, as well as establish a fair economic model reward mechanism for running nodes. This will be based upon analysis of node utilization during testing. This testing will provide us valuable information to design a robust mathematical model for the mainnet so that all nodes on the mainnet will be automatically incentivized under a fair economic model.

What is the function of this version?

Once a user sets up an operational node, they will be able to search for other nodes and be connected to users around the world, breaking down borders and barriers to access global information.
Note that any computer can become a node on the network, however, only whitelisted Skyminers (all Official and selected DIY) will be participating in the economic model testing program, and eligible for rewards.

What kind of Skyminers will be whitelisted for the Testnet?

There are three main categories of Skyminers:
The initial whitelist will include the Official Skyminers that have shipped to users around the globe. These will become the baseline for early DIY Skyminers. Since we are entering into uncharted skies, we want to initially reduce any variables possible and test the network in a controlled manner.
We have already been scaling out to include high quality DIY Skyminers with equivalent specifications, and eventually any Skyminer (official or DIY) that reaches the minimum specifications required. Those minimum specifications will be determined during the testnet and released to the Skyfleet community as they become available so stay tuned.

What will be the whitelisting process be like?

First, the Skywire core team will collect the public keys for each node within each Official Skyminer. Since there are 8 nodes in a Skyminer, each will have 8 public keys. These Official Skyminers will be whitelisted once public keys are provided to the Skywire core team.
Here is a link to the whitelist submission page
DIY Skyminers will be reviewed manually and approved weekly (approximately 50 per week) following the completion of the whitelisting process for the Official Skyminers.

Can DIY Skyminers join the whitelist?

While Official Skyminers will be on the whitelist by default (upon submission and receipt of their public keys), DIY Skyminers will be allowed to join the whitelist based on the benchmark set by the Official Skyminer’s hardware configuration. DIY Skyminers will be required to provide detailed specifications and photos, submitted to the corresponding team for review. Qualified DIY Skyminers will be added into the testnet whitelist. Please remember that only selected DIY miners will be whitelisted. You may refer to the Skywire community on Telegram or the community Skywug forum for more discussions around this topic.
The first generation Offiicial Skyminer hardware configuration is as follows:
8 hardware nodes made up of 8 Orange Pi Prime PCB boards
8+1 100Mbps router (custom 16-port OpenWRT in production)
16GB RAM (8 x 2GB DDR3)
ARM Cortex-A53 CPU
Hexa-core Mali450 GPU
LAN Bandwidth: 8 x 1000Mbps
64-bit Linux (Alpine Linux)

What kind of hardware will be able to participate in the Testnet?

Any computer can be added to the Skywire Public Testnet, set up as a node, and use the functions of Skywire. However, only a limited number of machines will be whitelisted (including Official Skyminers and some DIY Skyminers as noted above) and receive rewards during the testing stage.
Machines not on the whitelist will still be able to participate in the network and access the full service of the network, however they will not receive rewards.

Is a dedicated router part of the required spec? For example, if someone builds a miner that meets spec with 8 nodes and a switch, but just has it connected directly to their home/ISP Router will they be whitelisted?

They could be whitelisted. Official miner is just a benchmark and DIY Skyminer doesn’t require the exact same setup as the benchmark.

Is there any difference between Official Skyminers and DIY Skyminers?

In the current testnet, only ONE miner is allowed to be whitelisted per IP address. In the future when rewards is proportional to the bandwidth you are producing for the network, any rewards is directly tied to the bandwidth you are producing so you may have any number of miners as you want with a single IP address.

How do I setup the software for my Official Skyminer?

We have simplified the process of setting up a Skyminer by creating a Skywire software package image for users to directly flash to their SD cards. The image contains all the standard functions that the nodes will need to get started with Skywire, such as the operating environment, static IP address, auto-start function, etc.
Please visit the Skywire Github for a detail tutorial on the software set up process.

How do we join the Testnet?

Those who have previously installed a version of Skywire can update directly in the software. (Note: if the update fails, please reinstall it by following the instructions on Github: https://github.com/skycoin/skywire).
Please remember that only whitelisted miner will receive rewards at this stage. However, you can still access the same VPN functions with Skywire along with everyone else!

What do we do after installation?

It is simple! All you have to do is keep the node online so that other Skywire nodes can connect to yours, as we perform network tests and do all the heavy lifting from our end. Grab a drink, sit back, relax and enjoy using the new internet :).

Economics

What will be the reward mechanism for running nodes?

At the moment, whitelisted miners will require a minimum of 75% up time per month to receive that month's rewards. The reward ratio will be set carefully going forward. We will first need a rigorous dataset as a point of reference and will be adjusting the rate continuously throughout the process as the economic model gets established.
It is important to note that in the current testnet, Skycoin is rewarded independent to bandwidth production of your miner. In the future, Coin Hours will be earned instead of Skycoin depending on the bandwidth you are providing to the Skywire network.

Do we get extra rewards for maintaining >75% up-time?

No you will not. Everyone who maintain >75% up-time will receive the same rewards.

What is the mining rewards?

For the first month, the rewards was set as 96 SKY per official miner and 6 SKY per node up to 48 SKY for DIY miners. As we figure out the most optimal economics to incentivise a global meshnet of hardware infrastructure for this new internet, this number will change depending on the growth of our network.

Does Skyminer mine Coin Hours?

Coin Hours is a separate currency produced by Skycoin. Each Skycoin produce 1 Coin Hour every hour. Coin Hour will be used in the future to pay for transactions in the Skycoin economy such as Skywire and Kitty Cash accessories. Once we move onto the main net, Skyminer will produce Coin Hour instead.

How often does the whitelist uptime monitoring refreshes?

It refreshes at the beginning of every month.

Do we need to be whitelisted once we move to the mainnet?

No. Anyone is free to join and start earning by contributing valuable resources (bandwidth, storage and computation) once we are on the mainnet.

Technical

When I visit 192.168.0.1 on my browser, I see my own home's router instead of the miner's router. How do I fix this?

There is a conflict in the LAN configuration between your home's router and the Skyminer's router. You need to change the miner's router IP to another IP address OR you can change the miner's router into your own network switch

Is Skycoin node the same as Skywire node?

No. They are a completely separate and independent decentralised network. Skywire node is responsible for sending, receiving and transmitting data. Skycoin node is only for validating transactions and the state of the blockchain much like Bitcoin nodes.

Do I need to leave my computer on once I have configured my Skyminer properly?

No you do not. As long as your home's internet modem is still turned on and providing bandwidth to the router and CPU boards on your Skyminer, your own personal computer doesn't need to be left on. That's the idea of having an independent purpose-built Skyminer.

My Skyminer was turned off because my power went out, will I need to re-register on the whitelist and lose my rewards?

No. All you need is to maintain a >75% up time as shown on the discovery address (http://discovery.skycoin.net:8001/)

Will I need to reflash if my miner was shut off?

No you will not. Installing Skywire on a Pi is like installing a program on your personal computer. You don't need to reinstall the program every time you turned off your computer.

Will changing the router affect my node's public key?

No it will not. The public key is attached to the software installed on the Pi. If you reinstall the program (eg. reflashing) then you will have a new set of public keys. If you have reflashed after submitting your public keys on the whitelist, you have to contact us to change you public keys otherwise you will not receive your rewards.

I can't log on to the router of my official Skyminer.

Ensure all the networking cables are attached correctly, turn off any wifi and VPN on your computer, ping 192.168.0.1 via the Windows or Mac command prompt interface. If you are able to ping your router than please wait 2 minutes and try again. Contact our community managers for support for more help on the Skywire Telegram

I have set my Skyminer's router's address on WLAN as 192.168.2.104. However, when I tried to access 192.168.2.104:8000 via another computer I am unable to connect?

Port 8000 is an address set for the Manager node's board. It isn't part of the router's address. If you haven't set up the port forwarding correctly, when you try to access from another LAN network (outside of the Skyminer's own LAN), you will not be able to connect to the miner's router. If you are uncertain about how to set up portfowarding rules, contact our helpful Skywire community managers for more support.

What cables do I need for the Miner's WAN port?

The same as your home's internet cable. We recommend CAT 5e or better cables.

I successfully used Skywire to access the internet by using the bandwidth provided by another peer. However after a while, I was unable to continue using the connection and have to reconnect, why is that?

This is normal. If there is a period of bandwidth inactivity, the connection will disconnect automatically. Another reason is that the peer you have connected to is providing a sub-par connection.

How do I know what my mining nodes' IP addresses are?

Enter the Skywire manager interface installed on the Manager node, turn on 'Terminal', and enter the prompt "ifconfig" in the command prompt. It will return with the IP of that exact node you are accessing.

The green lights on all 8 boards are lit. Why do I only see 7 nodes on my Skywire Manager interface?

First check if all 8 lights are lit on the miner's router. If not then check all connections are properly installed. Then use the "ifconfig" method mentioned above to identify exactly which board is not connected. Restart and reflash that SD card and try again.

If someone else has connected to my node, can I be hacked by them?

No they can't. Due to the restrictions set up in the software code, peers are not able to visit anywhere outside of the node they are connected to.
__

Where can we learn more about Skywire and join the discussions?

Chinese community:
Follow Skycoin China official Wechat Account - “SkycoinFans”, and join our Wechat discussion group
Join Skywire Chinese Telegram community: https://t.me/SkywireCN
Global community:
Join Skywire official Telegram community: https://t.me/skywire
Join Skywug forum: https://skywug.net/forum/Forum-Skywire
submitted by ChocolateyLab to skycoin [link] [comments]

IRC Log from Ravencoin Open Developer Meeting - Aug 10, 2018

[16:01] <@Wolfsokta> Todays topics: DGW implementation, segfault, Q&A, feedback on IRC
[16:01] <@Wolfsokta> Just to set the stage here, this is a developer meeting where developers that have contributed source code to the Ravencoin project can meet and chat about items they are working on. Please be respectful to one another. For the sake of staying on target, please limit interactions to questions and comments on code or projects that you are working on. Any time left over at the end can be opened up for general Q&A.
[16:02] <@Wolfsokta> FYI - I'm RavencoinDev, and lets get started.
[16:03] <@Wolfsokta> @Tron, can you talk about where we are at with DGW on testnet and mainnet?
[16:03] <@Tron> Sure.
[16:03] can someone volunteer to take notes and post also?
[16:03] <@Tron> We are building binaries that will activate DGW-180 at block 338778
[16:04] <@Tron> It looks back 180 blocks to calculate the diff.
[16:04] I will copy the text from the meeting into a file that can be archived later. I can also make summary notes after like BTC core does.
[16:04] I'll save a log of the whole meeting and can post it on the subreddit thread.
[16:04] <@Wolfsokta> We have setup testnet4 in order to test the new binaries.
[16:04] great
[16:05] <@Wolfsokta> We plan to release the binaries later today.
[16:05] @Tron have you looked into the timestamp attack concerns of DGW?
[16:05] https://github.com/zawy12/difficulty-algorithms/issues/30
[16:06] <@Tron> Yes. And for that reason, we've tightened up the timestamps that will be accepted for valid blocks.
[16:06] <@Tron> Moved from 2h to 12 minutes.
[16:06] nice
[16:06] Oh wow okay
[16:06] <@Tron> Its also the reason we went from 60 blocks (lookback) to 180 blocks.
[16:07] why would 2h ever be acceptable? lol
[16:07] 2h was originally used for daylight savings shenanigans I believe
[16:07] <@Tron> It was from bitcoin, and it factors in clock skew, and variance in finding blocks on 10 minute intervals, and block propagation time.
[16:07] makes sense
[16:08] what about the segmentation fault when reindexing?
[16:08] any fix yet?
[16:08] @Tron 12 minutes seems to be pretty small window for clock skew
[16:08] I assume it was chosen due to 1/10th scaling from BTC?
[16:09] <@Wolfsokta> Not yet ruski, we'll cover that in a bit.
[16:09] <@Tron> We did divide existing by 10.
[16:10] <@Wolfsokta> Any further questions about DGW on testnet or on mainnet?
[16:10] What block is it activating on mainnet?
[16:10] <@Wolfsokta> 338778
[16:11] And will there be the need to update binaries twice (for DGW fork and asset layer fork)?
[16:11] <@Tron> We are activating DGW by block height because headers sync first, and the BIP9 activation flag sets a flag, and we need to look at either block height or version to know which diff algo.
[16:11] <@Wolfsokta> Calculated to be near the end of the month so we have some time with DGW on testnet.
[16:11] Someone on discord asked this a while back, but why Was DGW chosen over something like digishield or anyother algo
[16:11] <@Tron> And block version can be changed (tampering) and still make it on the chain.
[16:12] Binaries will need to be updated as more asset layer stuff get completed and tested. Not by the end of the month though.
[16:12] <@Tron> We looked at DGW and LWMA. LWMA has a lot of constants that must be tuned right.
[16:13] <@Tron> We were impressed with the amount of work on LWMA to analyze how it responds, but it wasn't straightforward to understand the nuances of how/why it works.
[16:13] zawy was in the #development channel on Discord. He's an expert on DAAs. I'm sure he would help with tuning LWMA if you asked.
[16:14] <@Tron> Either will be much better that what we have. Even at the extremes, it will adjust smoothly.
[16:14] Are there any issues or comments on the DGW code that should be addressed?
[16:14] @devs in general
[16:15] <@Wolfsokta> Thanks @brianmct, we did look extensively at the DGW code to ensure we weren't going to see the same issues that happened to Verge.
[16:16] so i guess you would have to make way more blocks with false timestamps to be able to exploit our version of dgw right?
[16:16] because of the 12 minute timestamp thing?
[16:16] <@Wolfsokta> With X16R, and with the changes Tron talked about we feel confident that this will address the swings without being able to be exploited.
[16:17] nice
[16:17] @russki Yeah, pretty much.
[16:17] verge is a different type of situation - but overall asics and mining are a risk always
[16:18] <@Wolfsokta> Okay, anything else on the difficulty targeting change?
[16:19] <@Wolfsokta> Cool, blondfrogs wanted to talk about subassets that were added.
[16:19] ooh yeah i saw those github commits
[16:19] looking good
[16:19] We also want to let everyone know that you can now create sub assets with the new binaries that will be posted soon. You can create these subassets using the issue rpc call. Qt will be built shortly. This will allow users to make an asset PARENT
[16:20] <@Wolfsokta> Basic overview. If you own an asset you can create sub-assets by including a '/
[16:20] nice
[16:20] And then make any of the following PARENT/A PARENT/B .... PARENT/Z
[16:20] <@Tron> We'll post a FAQ on assets later today.
[16:21] <@Wolfsokta> And it only is 100 Raven for a subasset
[16:21] on testnetv4 it still says asset activation status: waiting
[16:21] why?
[16:21] <@Tron> Yep, it needs to be voted in.
[16:21] <@Wolfsokta> We wanted to test the BIP9 activation process again as well. The more testing the better.
[16:21] We wanted to make sure that we follow the same process the Mainnet is going to go through.
[16:21] ok nice
[16:22] <@Wolfsokta> Any questions about subassets?
[16:23] are they unique?
[16:23] <@Tron> No
[16:23] <@Wolfsokta> Yes, they behave the same way as a normal asset, just live under an owned asset.
[16:23] <@Tron> Maybe I misunderstood the question. Unique with parent.
[16:23] Each subasset can have their own number issued? So PARENT/A can have 1,000 and PARENT/B can be 50?
[16:23] yes
[16:23] oooh ok that makes more sense
[16:23] <@Wolfsokta> Exactly thanks traysi
[16:24] <@Tron> And, not the same thing as "Unique Assets"
[16:24] <@Wolfsokta> The individual unique asset support is included in an upcoming phase.
[16:25] Moving onto the Segfault issue ----------------------->>>>>>>>>>> SEGFAULT
[16:25] Are we able to changes the properties of subassets after they have been created? Or is something like that specified when creating them?
[16:25] <@Tron> Yes
[16:25] can sub-assets be reassigned to other addresses while retaining control of the parent asset elsewhere?
[16:25] So basically it has all the features of a normal asset, but live under an asset's top-level namespace?
[16:25] satoshi corbie @russkidooski
[16:25] So basically it has all the features of a normal asset, but live under an asset's top-level namespace?
[16:26] <@Tron> Sub-assets are identical to assets after creation.
[16:26] <@Tron> Just cheaper to create, and in your "owned" namespace.
[16:26] Okay cool
[16:26] will subassets eventually have a unqiue tag? eg ASSET/SUB:1
[16:26] We have found an issue with our testnet binaries and are still looking to the issue. The issue presents itself when a user performs a reindexing of the chain. We think we have pinpointed the where the problem is and are currently working a fix. This fix will be out shortly.
[16:26] plan is to make default reissue=true and units=0 and allow increase in units on reissue
[16:26] How much is it going to be for a sub-asset?
[16:27] 100
[16:27] <@Wolfsokta> Okay, let's now focus on the SegFault issue that was discovered by Under.
[16:28] do you know what the issue was?
[16:28] <@Wolfsokta> It seems to be a build problem with the boost library.
[16:28] Still looking into though. :)
[16:29] <@Wolfsokta> We have been able to reproduce it on linux internally with 2.0.3
[16:29] yea i get the same issue on windows 10
[16:30] I saw a Bitcoin thread a while back about the seg fault error. I had it because I had conflicting versions of BDB
[16:30] static compiled on ubuntu 18.04
[16:30] <@Wolfsokta> We really appreciate you guys pulling down master and helping test.
[16:30] @Trap we will look into that also
[16:30] no problem, im just curious lol
[16:32] <@Wolfsokta> We haven't been able to build a windows version that doesn't have the segfault issue.
[16:32] <@Tron> We're dropping Windows support ;)
[16:32] lol
[16:33] Just finished setting up a new Windows test environment so we can test and validate the solution as we are working on it.
[16:33] The bdb issue is a known issue that has been around for some time. We are pretty certain it is a boost library issue, and are working quickly to get a windows build that fixes the issue.
[16:34] what did you guys do to fix the linux version?
[16:34] Once we have binaries for all supported platforms ready, hopefully tonight. No promises. We will make an announcement
[16:34] The issue has been fixed on Linux and Mac though?
[16:34] (oops sorry already answered)
[16:34] <@Wolfsokta> If anybody else gets there first with Windows please let us know what you found.
[16:34] Built the binairies on a Ubuntu 16.04 box.
[16:34] that was it?
[16:35] Yeah, we think so. 16.04 has boost 1.58 which seems to fix the issue. The build on 18.04 use boost 1.67 which seems to cause the issue.
[16:35] is there a boost 1.58 repo on 18.04?
[16:35] 18.04 used 1.65***
[16:36] I've built with boost 1.68 on arch Linux
[16:36] It worked
[16:37] wallet 2.0.x?
[16:37] @Trap, the issue is when -reindex is used.
[16:37] Oh sorry my bad
[16:37] Wallet 2.0.3
[16:38] <@Wolfsokta> For those that joined late we're discussing https://github.com/RavenProject/Ravencoin/issues/208
[16:38] 1 sec im going to boot into ubuntu and try compiling with 1.58 on 18.04
[16:39] Any other questions pertaining to the segfault?
[16:40] <@Wolfsokta> Alright, thanks everybody. Before we start the Q&A I would like to get some quick feedback on using IRC for this meeting.
[16:41] If we're going to use IRC we should take some measures to at least hide people's IPs when they join
[16:42] Yea. It is very hard to read this back.
[16:42] Also no message history
[16:42] If you disconnect and reconnect
[16:42] <@Tron> I'll throw in a vote for Discord.
[16:43] <@Wolfsokta> If you use a decent IRC client instead of the website it's not bad.
[16:43] Some of us used a VPN before we connected to IRC
[16:43] If needed we can restrict channel to Developer roles, etc for the developer meeting and open it up for general Q&A
[16:43] https://www.strawpoll.me/16247952
[16:43] poll
[16:43] Make a discord when only mods can submit links
[16:43] Where*
[16:45] Discord won the poll 5 to 2
[16:45] <@Wolfsokta> There are also a lot of IRC tools that can be used to track the meetings.
[16:45] we know
[16:46] <@Wolfsokta> We also want any developer to be able to speak.
[16:48] <@Wolfsokta> We're open to try Discord next week.
[16:48] <[kai]> perhaps you could even get a feed from this irc to discord?
[16:49] <[kai]> a feed would enable discordians to view the chat, but only contribute if they take the extra steps to come here.
[16:49] <@Wolfsokta> That's a good idea kai... Has anybody seen that working?
[16:50] <[kai]> https://github.com/reactiflux/discord-irc
[16:50] <[kai]> im sure you could make this a one way deal.
[16:51] <@Wolfsokta> I like that idea, let's try that for next week. So we'll meet here in IRC again, but it should be broadcast to Discord.
[16:53] <@Wolfsokta> Okay, we'll go with IRC next week with the broadcast to discord and re-visit for next week.
[16:54] <@Wolfsokta> Okay, let's do open Q&A for the next few mins.
[16:54] <[kai]> just a quickey, more for my curioisty, did you look at digishield?
[16:54] <[kai]> DGW solution seems solid.
[16:55] <[kai]> was just curious if it was one of the four solutions you looked at.
[16:55] <@Wolfsokta> Tron is answering... Any others Q?
[16:55] <@Tron> We briefly looked at Digishield, but our analysis was between DGW and LWMA.
[16:55] <[kai]> right on.
[16:56] <[kai]> cheers guys, see you next time.
[16:56] OPen the gates for the last 4 minutes for any other questions?
[16:58] <@Wolfsokta> Alright, thank you all for being here today and please join the development effort with us. If you have an idea, or a fix for an issue write it up and submit a pull request.
[16:59] <@Wolfsokta> Thanks again for all those that have contributed their time and effort to make Ravencoin successful. We have the BEST community.
[16:59] ^
6:59] You devs are pretty cool
[16:59] did the burn get discussed?
[16:59] <@Wolfsokta> Special thanks to Bruce, really glad you could make it with the short notice.
[17:00] <@Tron> Thanks everyone!
submitted by __pathfinder__ to Ravencoin [link] [comments]

Tested, step-by-step tutorial to run a 21 Bitcoin Computer as a virtual machine

Many thanks to ButtcoinEE and ecafyelims for initial pointers, but if I understood correctly, both users said they hadn't actually tried it themselves. So here comes a tutorial based on something I actually tried. Best of all: You don't even need a Raspberry Pi! We'll run it as a virtual machine.
The first step is to get a Debian 8 (Jessie) installation up and running. You might want to install that inside a VMWare/Virtualbox machine. I'll be using Vagrant here ( https://www.vagrantup.com/ ) which makes it easy to manage virtual machines like that and already has a Debian 8 image in the catalog. So get Vagrant for your platform and then do something like this:
vagrant init ARTACK/debian-jessie vagrant up 
You should now be able to SSH into the machine:
vagrant ssh 
Now that we have a Debian up and running, let's first get some packages we'll need later:
sudo su # become root apt-get update apt-get upgrade apt-get install apt-transport-https git cython3 python3-setuptools 
Add the 21 Debian repository:
echo "deb https://apt.21.co stable main" > /etc/apt/sources.list.d/twentyone.list apt-get update 
It'll complain about a missing GPG key, but you can just ignore that.
We should be able to do 'apt-get install two1' now, but it complains about a missing package 'python3-sha256'. The reason for that is probably, that we are doing this on a x86 architecture, where the packages are slightly different than the Raspberry Pi's ARM architecture. So we'll just manually install the package and have it ignore the dependency errors:
aptitude download two1 dpkg -i two1_1.0.0-1_all.deb 
Now let it try to fetch as many of the dependencies as possible:
apt-get -f install 
And try to install again (had to do this again, not sure why):
dpkg -i two1_1.0.0-1_all.deb 
The 21 binary should now be available:
which 21 # => /usbin/21 
Before we can run it, we'll need that missing python-256 package. We can install it manually from https://github.com/cloudtools/sha256 :
git clone https://github.com/cloudtools/sha256.git cd sha256 python3 setup.py sdist python3 setup.py install 
Now try to get a status report via the 21 tool:
21 status 
If everything worked out, you should see something like:
You do not have a Bitcoin wallet configured. Let's create one. Press any key ... 
and will also be asked to pick a username for a 21.co account.
All 21 Bitcoin computers are networked together into a VPN using the tool ZeroTier ( https://www.zerotier.com ). Let's also set that up:
wget https://download.zerotier.com/dist/zerotier-one_1.1.0_amd64.deb dpkg -i zerotier-one_1.1.0_amd64.deb 
We'll have to extract the credentials for the specific network they use from 21's zerotier package:
mkdir credentials cd credentials wget https://apt.21.co/pool/z/ze/zerotier-one_1.1.0-1_armhf.deb ar x zerotier-one_1.1.0-1_armhf.deb tar xf data.tar.xz cp valib/zerotier-one/updates.d/ZeroTierOneInstaller-linux-armv6l-1_1_0 /valib/zerotier-one/updates.d/ 
Before we join the network, we need to lock down our machine. That's actually a bit tricky, as these Vagrant images aren't really designed with security in mind, but rather only to be used for local testing. I think it should be enough to do:
passwd vagrant rm /home/vagrant/.ssh/authorized_keys 
Note that you won't be able to use 'vagrant ssh' any longer afterwards, as we just deleted the standard Vagrant key-based login. You'll have to use 'ssh [email protected]' instead. Now we are ready to join the network:
wget https://gist.githubusercontent.com/balajis/6d495bb40fb157a58677/raw/21-join.py python3 21-join.py python3 21-join.py # might have to try this twice as well ifconfig zt0 # will show your new IP within the VPN 
The 21 tools have a concept of both an on-chain balance and an off-chain balance - the latter being managed by 21's server. You can deposit to your on-chain balance, but currently the only way to increase the off-chain balance is by mining or by receiving payments from others. Without the mining chip it's therefore a bit tricky to increase that off-chain balance. I hear that a feature request is being considered, to allow moving funds from on-chain to off-chain.
That's all! If you want to give it a shot, you should probably move fast, as 21 has some DRM in the works, as per this comment: https://www.reddit.com/Bitcoin/comments/3tnjz7/tutorial_turn_your_35_raspberry_pi_into_a_21/cx7tih3 .
This was brought to you by https://coinado.io/ - cloud torrenting for command line fans. Check us out - we are also big on micropayments! ;-)
submitted by coinadoio to Bitcoin [link] [comments]

Seedbox Recommendation for Streaming

I have been using Seedbox.io for a few months now and very happy with it. Now I want to upgrade for a Plex or Kodi type of service where I will stream from the seedbox to home and delete from the seedbox without downloading anything to my NAS or home PC.
I have been a long time Kodi user and also use services like RD and PM. However, I'm looking for quality streaming i.e. 4K and Atmos streams which are still a rarity on Kodi streaming, but found more easily on torrents.
The simpler solution is to use Premiumize and Real Debrid and believe me I have, but not too many high quality streams.
I have also downloaded torrents to my Premiumize Cloud and tried to stream on Kodi, but it just buffers endlessly and I have tried all CDN locations.
So seeedbox seems a better alternative to grab 4K files and stream.

What is your budget per month?
$20, but lower the better.
How much disk space do you need?
500 GB or more.
Are you looking for shared or dedicated seedbox?
Whatever I can get. I've really no idea how they diffeperform.
Particular uses, streaming? VPN? One-click ease? Racing?
Streaming is the need of the hour.
What is the primary reason for getting a seedbox? DMCA? Ratio? Wife discovered Porn? Please expand.
Running out of HDD on NAS, need a storage/streaming solution.
Location (yours and/or the vendors)? Most seedboxes are concentrated in Europe (France, Netherlands, Germany)
Mine is India. Vendor can be anywhere.
Particular speed (100M, 1G, 10G, Ludicrous Speed, etc)? Slow, fast, fastest.
I'm on a 1 Gbps line, so the fastest streaming I can get.
Do you use public trackers extensively?
Yes, but slowly moving to private.
How much experience do you have with seedboxes, linux, and alike? Need a lot of handholding?
Not a lot and no command line skills, will need a single click setup and/or handholding during initial setup.
Is your location problematic? e.g. I'm at university. I'm one of three people on the island of Yap.
No.
Particular payment methods the vendor needs to accept: bitcoin, paypal, paysafecard, Turkish Lire?
PayPal preferred.
Particular content: Games, TV shows, Anime; Movies; Remuxes; the oeuvre of Fatty Arbuckle?
Movies and shows, especially classics and must watch lists.
Using problemsome trackers like public ones or challenging trackers like RED and CHD?
No.
Any idea on how much bandwidth you need a month? 1TB; 3TB; 30TB?
No idea.
Are you a paranoiac, need special safety assurances?
No.
Other more unique requirements? You want to run a website too; Azureus is your favorite client, can't live without it; Or god forbid you really, really need Windows.
Really, really need Windows. Perfectly at home with torrent clients like Deluge, Tixati, Transmission, etc.
submitted by Pinaphe to seedboxes [link] [comments]

Enigmabox - First Impressions / Review

I am not affiliated with Verein Enigmabox. I am just a geek into meshnets.

Background

I'm an IT Security analyst with a interest in cryptography, cipherpunk, darknets, meshnets, and a lot more geeky things that are not worth mentioning. I only have 15000 characters in this text box! :-)
I run a hyperboria node VPS and a couple of raspberry pis that are peered with my small mesh so when I stumbled across the Enigmabox my interest was piqued.
The Enigmabox is a small embedded PC in red aluminum case with a silkscreen logo and writing. It has three Ethernet ports, and two USB ports, an RS-232 port, and a power connector.
It's administered via the web. Eth0 has a static IP of 192.168.100.1 and Eth1 has a static IP of 192.168.101.1. Eth2 is your public/ WAN port.
It can either be used as a CJDNS node or can connect up to a CJDNS-based VPN run by the folks at Enigmabox.
It costs €575.00 which includes one-year of VPN access. As of this writing you have a choice of VPN exit nodes in:
Enigmabox claims 40mbits of throughput, but on my 50/16 Comcast Business Cable connection I am getting 14/10 out the US endpoint.
The box is designed to be set up and used as the gateway for your computer, or for your entire network. I set mine up as the gateway for my entire network.
I had no problems last night watching Netflix or Hulu Plus on my Roku box. This was while several other high-bandwidth activities were also going on from other devices on my network.
This morning however I noticed that the internet connection dropped for the US endpoint so I had to switch to the German one. I'm not sure if that was a problem local to the VPN concentrator or if I actually got flagged and banned for excessive bandwidth usage.
Later on this afternoon I was able to switch back to the US endpoint which is good because my Company geoblocks network activity from pretty much every country's IP-space other than the US and Canada.

The Ordering Process

I found the ordering process to be a bit cumbersome and arcane to be honest. There were issues with the order form, and my only two payment options were bitcoins or wire transfer.
I would have felt much more comfortable spending €575.00 had I could have paid with either a credit card or hell — even PayPal!
On the plus side, I got to learn just how much more arcane and byzantine wiring money from one's credit union in the United States to a bank in Switzerland and converting the currency from USD to Euros could actually be.
I can't wait for BitCoin to become the de-factor currency for ecommerce, but I don't have hundreds of dollars or euros tied up in any online or offline wallet to have made that practical. And if I'm going to spend several (several) hundred dollars for an item call me crazy but I do like the consumer protections that my credit card affords me.
I placed my order on June 19th. I wired the funds on June 19th. My credit union told me the funds would be made available to the Enigmabox guys on July 2nd.
On July 3rd I inquired with the Enigmabox guys and asked them if they had received the funds wired and received a response that my order had already shipped.
On July 18th I inquired with Enigmabox again to inquire if there was a tracking number available and was told there was none and that I should just wait and be patient.
It was at this point that I really started to get a very bad feeling that I had just pissed-away several hundred euros and that I needed to prepare myself for the fact that I had been scammed.
I let the Enigmabox guys know this and also expressed how surprised I was that no tracking number was created and nor was the box insured. I wasn't only just talking about my protection, but what about the sellers' protection too?
This is like selling and shipping 101. You get a tracking number. You insure it. If the package had gotten lost in-transit, misdelivered, or if I was a scammer I could have simply said I never received it. There would have been no proof.
The package arrived yesterday and was delivered by my postal carrier.

The Contents of the Box

The box arrived with the following contents:
  • Enigmabox
  • USB Stick with X.509 certificates that I assume are my VPN credentials.
  • UK/EU style wall-wart power adapter
  • UK/EU wall-wart 220vAC outlet to US 115vAC outlet adapter
  • Ethernet Cable
  • Single sheet providing quick setup instructions
  • Grandstream VoIP Phone
  • UK/EU style wall-wart power adapter
  • UK/EU wall-wart 220vAC outlet to US 115vAC outlet adapter
  • Ethernet Cable
  • User Manual for VoIP Phone

Initial Setup

The initial setup was straight forward. Plug cablemodem into the Internet port. Plug LAN port into my switch.
DHCP assigned an IP address and local DNS.
Opened a web browser to http://box.enigmabox.net.

Thoughts and Issues

I found the Enigmabox to be very well constructed. The inclusion of adapters for US plugs was a welcome surprise.
The inclusion of a VoIP phone I found to be excessive. It would make much more sense to lower the price a bit and let the end-user supply their own phone.
Surfing the net has been painless and everything just works.
No ports are exposed on the Enigmabox to the Internet and the box itself is running a stripped-down version of Linux. The root shell was ash which was nice surprise. I was expecting busybox to be honest.

Pros

The box and project seem pretty mature and well thought out. The VPN service seems solid for the most part, and it has held up to some bandwidth intensive applications.
I'm not a gamer so I can't describe lag times.
The software comes with an embedded version of Asterisk to facilitate the VoIP communication, a mini- webserver, DokuWiki (which I applaud their choice there!), an Email server, roundcube webmail, and a twitter-like clone.

Cons

The ordering process leaves a LOT to be desired.
Limited payment options could be a deterrent to some customers.
The fact that the device and box was shipped with no insurance and no tracking is ludicrous.
Documentation is non-existent. The online wiki/ FAQ is incomplete.
And there is no support. No forum. No mailing list.
I've got some questions about some of the config options and some things I'm seeing and experiencing and I have no idea who to ask for thoughts or suggestions.

Conclusion

Is it worth €575? No. But it's also worth noting that of that €575, about 1/3 of that is for one year of VPN service.
It's like €132 for the year (or maybe that was $132). Even that is a bit over priced especially when Private Internet Access is $40 for the year.
But I get that there's economies of scale and that hopefully that price will come down. After all, 132 a year is only 11 a month, and that's not that unreasonable when you look at things that way.
My suggestion? Get yourself a RaspberryPi or a BananaPi and build your own.
And sign up for the VPN access to help support the project.
It's a cool project.
Now if only I could figure out how to connect up to some hyperboria sites. :-) I'm peered with a couple of nodes on hyperboria but nothing is loading. Hell, I can't even load any of the hypesites that are part of the Enigmabox network.
Time to fork the code on github and start reading!
Cheers.
Edit: A word here and there.
submitted by gellenburg to darknetplan [link] [comments]

Bitcoin Mining on Ubuntu 18.10 - Bitcoin Mining Software ... free mining bitcoin on free vps How To Mine Bitcoin On PC, Mac, Or Linux - YouTube Hive OS, Linux Crypto Mining Setup 10 Rigs - YouTube How to Bitcoin Miner with Ubuntu VPS - Setup Nicehash Miner via Ubuntu VPS

Interface of ethOS cryptocurrency mining OS. Though those two are the best I came across, I also found SMOS Linux, but it doesn’t seem to have been updated for some time. Litecoin BAMT and KopiemTu are others that I could not determine their development statuses. Though not designed for mining, ROKOS Flavors is a Debian-based distribution for Raspberry Pi zero, 2, 3, PINE64+ and other IoT ... Most mining computers that use Nvidia and Linux are built to mine equihash coins. Because of this we will follow a previous tutorial I have written on how to mine Bitcoin Private I will not be going into the details on how to setup the command line configuration, so make sure you follow the tutorial. BFGMiner is a bitcoin mining tool for Windows and Linux. It is very similar to CGMiner and has identical features. With that said, it has some special additions that veteran Bitcoin miners will love. This mining tool is one of the most popular, and well known Bitcoin mining tools around, and is not meant for the average user by any means. Once you select the type mining process for Bitcoin mining, here we suggest the best cloud and traditional mining software for Windows, Mac, and Linux. Best Bitcoin Mining Tools For 2020 1. Multiminer. Multiminer is a user-friendly mining tool if you are a beginner. Cryptocurrency is a highly volatile platform and you need a stable working miner to enter into the mining. Multiminer has many ... The Meaning of Bitcoin Mining Software. Assuming that you already have at least minor knowledge in Bitcoin Mining Hardware, we will now be tackling the best Bitcoin Mining Software. While they differ on process handling, both of them have the same importance in terms of Bitcoin mining. If you are doing it by your own, the BTC mining software will then connect to your blockchain. Whereas, if ...

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Bitcoin Mining on Ubuntu 18.10 - Bitcoin Mining Software ...

In this video I show you how to start mining Bitcoins with CGMiner and an account at your favorite miningpool. Get CGMiner at: https://bitcointalk.org/index.... This video will demonstrate how to mine bitcoin in Linux. MINERGATE LINK: https://minergate.com/a/e13126b573b894c64393990a Bitcoin Donation : 3HNH19ss5Fd1j8j... insta - csp_96 #csp #linuxforce # apt-get update # apt-get install libcurl4-openssl-dev git build-essential # apt-get install autotools-dev autoconf libcurl3... In this video, I'm going to show you how to start mining Bitcoin on Linux/Debian based operating systems. https://bitcoinminingsoftware2019.com/bitcoin-minin... Video showing how to set up the install image and configure Hive OS, a Linux Mining platform. Product Links: TP-Link N150 USB WiFi Adapter https://www.amazon...

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