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sgp_
That article is complete trash yeah
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sgp_
CoinTelegraph just puts things out without thinking
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needmoney90
When list of good/bad outlets
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needmoney90
Monero is one of the most reasonable communities to host it, we have reputation
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ErCiccione
rehrar: Lol. Never thought i would have needed it
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Inge-
sarang: has it been confirmed to be a payment id?
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Inge-
I find it kind of hilarious that a custodial exchange getting permission from the powers that be, to be a bank, is a) seen as a huge boon to Monero by half the community and b) that the other half takes offense at the anti-cypherpunk stance of the first half :D
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hyc
at this stage in the game we still need fiat onramps, so this is a huge gain
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hyc
speaking from experience, it was hell trying to open a business bank account that would deal with a crypto business
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dEBRUYNE
CoinTelegraph, at this point, is simply FUDing Monero
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dEBRUYNE
It is quite blatant. I mean, what is this headline?
twitter.com/Cointelegraph/status/1306279445259587588
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midipoet
dEBRUYNE: i actually that article (and the attempted sanction) looks well for Monero, given that the address just seems an arbitrary number/address from some other chain. or did we figure it was a txid/ link to a key image, or something?
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midipoet
*i actually think
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dEBRUYNE
I am referring to the headline they use on Twitter
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dEBRUYNE
Apparently it is a payment ID by the way
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midipoet
i wonder what the implications are for the payment ID being blacklisted. i guess it means any subsequent ring that includes that output would also be a higher risk profile
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dEBRUYNE
SerHack: Could you post that article on r/monero too?
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Inge-
dEBRUYNE: maybe someone should inform the article author,
twitter.com/the_postman_ that the posted "xmr address" isn't :D
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Inge-
In other news, all bank transactions with "Yellow Submarine" in the memo field are now on the OFAC list /s
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midipoet
Inge-: i wonder what would happen if you posted a bank transfer with one of the sanctioned cryptocurrency addresses in the memo field repeatedly
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midipoet
i am sure it would have to get flagged at some point (probably quite quickly as well)
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Inge-
heh
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Inge-
Venmo regulalrly stops transactions with dubious memo fields like "iran" or "thanks for the drugs"
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Inge-
But someone got their panties in a twist when putting down a payment id as an address on the ofac list. That makes absolutely no sense.
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Inge-
But it is a good experiment to take those 5 payments and see if one could say something about their origin or destination / if the outputs were combined later etc
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asy
could it be a key image instead of a payment id? it's just 64 hex chars
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sarang
It was identified as a payment ID in several transactions
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xmrmatterbridge
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xmrmatterbridge
<xmrhaelan> Hot=hit
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xmrmatterbridge
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lh1008[m]
Who's the spokeman? xD
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sarang
There's an anonymity set of possible spokespeople?
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xmrmatterbridge
<xmrhaelan> I spoke with her
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vp11
two articles about monero two days in a row on CoinTelegraph? any publicity is good publicity I guess.
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midipoet
Who is the Workgroup?
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midipoet
Just some random one?
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kinghat[m]
The Workgroup
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midipoet
Ah very good. I was wondering for a while
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Inge-
wen "Monero immediately implemented support for the OFAC ban on an XMR address - the specified address will be rejected by the Monero Network"
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Inge-
Beat that compliance, you other wannabe blockchains!
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sarang
I assume you're joking Inge-, but of course that's complicated by having addresses never appear on chain
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sarang
And AIUI that "OFAC address" is in fact an unencrypted payment ID
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Inge-
I know I know
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sarang
Now, if it were an _output_ the question becomes more interesting
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Inge-
I am joking, but with the level of competence put out by that OFAC list - someone could easily fud this as Monero just being compliant extremely fast - just try sending to the specified address :D
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sarang
Since it certainly is possible for miner or node to reject a transaction including a given output as a ring member
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Inge-
sarang: don't you gbe giving them ideas
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sarang
Fixed ring sets, which are useful for many reasons, would seem to mitigate that
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sgp_
ban payment ID
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sgp_
problem solved
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sgp_
monero fully compliant
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sgp_
mission accomplished
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Inge-
I say we are fully compliant now. As the stated "xmr address" can not be sent to or withdrawn from
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Inge-
insta-compliant
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midipoet
We could write a function that checks if a wallet address is the one in the OFAC list, and if so, rejects it from being accepted at the protocol level
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» Inge- runs away screaming
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sarang
Wat
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sarang
No, that would not work at all
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sarang
Even if you wanted to
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» sarang assumes midipoet knows this...
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» midipoet smiles as he realises he made a programming joke
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Inge-
if you could do this in a good way, I think I will have to go buy me some Chainlink
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sarang
It wouldn't work at the address level, since the network can't verify addresses (that's the point of stealth addressing)
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Inge-
and even if it could you have a huge Oracle problem
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sarang
A node/miner could certainly decide that it "doesn't like" a particular _output_ (i.e. one-time address) and choose to reject transactions containing it
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sarang
But this has the consequence of also causing rejection of transactions that include that output in a ring but do not actually spend it
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sarang
Fixed input sets would mean the only way to meaningfully do this kind of censorship would be to avoid including an entire _set_ of outputs
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sarang
and that seems a bit crazy
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sarang
Fixed sets would also require (ideally) a verifiable shuffle, to ensure that miners can't mess with ordering of outputs within the set
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sarang
Miller et al. proposed one way to do this
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midipoet
It would be a spurious function (that's the joke)
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sarang
lol
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sarang
Just wanted to make sure =p
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sarang
But the idea does provide a nice benefit to fixed input sets: censorship resistance
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midipoet
it would be funny though if you did have the function that returned no match and then provided a pop up "the network has checked your transaction against the OFAC list, and all is hunky dory."