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u29601mg6ba93j[m
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u29601mg6ba93j[m
<qrpnxz "that is spicy, how do they try t"> according to one of the participants (peter todd) in the trusted setup they cant prove that
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fluffydonkey[m]
Everyone says create a wallet on a USB bootable Tails. why not use a bootable ubuntu? good enough right?
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fluffydonkey[m]
Also, what encryption algo and software would you recommend using for encrypting wallet recovery keys?
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endor00[m]
<fluffydonkey[m] "Also, what encryption algo and s"> Use a password manager, either KeePass2 or KeepassXC. Make sure you pick Argon2 as encryption algo, and tune the unlock time to a few seconds
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endor00[m]
If you need a copy on an Android phone, you can use KeepassDX
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fluffydonkey[m]
endor00: I want to encrypt a text file containing my wallet recovery so that I can store it in the "cloud"
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fluffydonkey[m]
so, a single encrypted file would be best for me. I'm looking into Veracrypt, but I wonder how well vetted it is
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endor00[m]
Why not just use pgp then?
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endor00[m]
You don't even need to generate a key, just use the symmetric encryption option
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endor00[m]
Just make sure to select AES-256 and not 128 (which might still be the default on some distros iirc)
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endor00[m]
<fluffydonkey[m] "Everyone says create a wallet on"> The main difference is that Tails wipes the ram when you shut it down, and it as a few extra hardening features and less bloat by default
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fluffydonkey[m]
I see
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fluffydonkey[m]
To your previous point, yeah that's exactly what I'm looking for, a symmetric encryption algo TO STORE my wallet keys in
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ndorf
if you're really paranoid, you can use multiple algorithms. e.g. AES-256 plus Twofish plus Serpent or whatever
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fluffydonkey[m]
Encryption is my weak point. I was told double encryption isn't a good idea, and can potentially weaken the encryption. Is that not the case?
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endor00[m]
I'd stick with aes and be done with it. Less chance of screwing up
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ndorf
i don't think there is any way double encryption can be weaker than single, but i'm not exactly an expert in cryptography either
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h2017_
i don't really understand encrypting your wallet keys. then you have to have a password. are you going to encrypt the password? where does it end?
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ndorf
maybe if you use the same key for both algos? don't do that, i guess
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endor00[m]
I mean, if somebody really managed to break AES-256, your wallet seed would be the last of your concerns
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endor00[m]
The entire internet would be fucked
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h2017_
keep your keys offline and keep them safe.
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endor00[m]
<h2017_ "i don't really understand encryp"> You store the password in your brain
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h2017_
cryptosteel capsule is one solution
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ndorf
definitely true. AES-256 is almost certainly good enough for any use case. hence why i prefaced my suggestion with "If you're really paranoid" :)
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fluffydonkey[m]
<h2017_ "i don't really understand encryp"> You encrypt yoru private key, or the recovery Key. you can't memorize that. but you can memorize your own selected password
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fluffydonkey[m]
Is there an AES 512?
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ndorf
not AFAIK
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fluffydonkey[m]
Is double encryption like double wrapping a condom?
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endor00[m]
Pretty much
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fluffydonkey[m]
shower thought
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endor00[m]
Lol
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h2017_
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h2017_
that's what i recommend going with any vital nemonic seed
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ndorf
those look cool but i'm not about to store my seed unencrypted whether it's steel or not
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ndorf
anyone finds that and you're done
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h2017_
so you are relying on a pasword in your head. what if you forget it? what if you get brain damage?
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ndorf
i don't have a good answer to that
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TheJollyRoger
Or what if you talk in your sleep, or you get drunk and have a momentary lapse in your judgement?
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ndorf
i'd rather take that risk than someone just finding or stealing my key however
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fluffydonkey[m]
They would need access to both the encrypted file, AND the password in your head
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h2017_
if you get brain damage you won't remember the password and you won't be able to restore your wallet to access the wealth you will need to live in diginity
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TheJollyRoger
Couldn't you set a BIP38 password?
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ndorf
yup, that is true.
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ndorf
i'll just live with that risk for now.
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endor00[m]
There will always be some element of risk
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endor00[m]
It's part of the human element
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fluffydonkey[m]
You could alwasy leave the recovery key in the bank in plaintext :monst
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fluffydonkey[m]
* You could alwasy leave the recovery key in the bank in plaintext 👾
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ndorf
fuck that
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ndorf
bank deposit boxes are not nearly as safe as you might think. banks can and have opened boxes for the wrong people by mistake, then disavowed any hint of responsibility. it's "At your own risk" apparently
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h2017_
yeah and you are putting your stuff in other people's hands. they could tell you you can't go in the bank because you're a terrorist or anything
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ndorf
if it comes to that, i'd rather trust my friends with the keys, with some kind of 'm of n' encryption scheme (e.g., "Any 3 of these 5 keys can decrypt")
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TheJollyRoger
Monero supports multisig wallets, right?
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ndorf
yes
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ndorf
obviously i don't want to have my funds behind a multisig while i'm alive and able to use them though :)
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TheJollyRoger
Ha, got it.
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fluffydonkey[m]
I think I can use 7zip encryption feature to store my recovery keys. I read that it uses EAS256.
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fluffydonkey[m]
As long as the implementation isn't fucked.....
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qrpnxz
bros, your chain is fat
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fluffydonkey[m]
<qrpnxz "bros, your chain is fat"> Does this blockchain make my hips look fat?
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qrpnxz
i wonder if the monero chain is bigger than dogecoin because it has more transactions or because it just takes considerable more space
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Inge-
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Inge-
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Inge-
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midipoet
is that true?
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Lovera[m]
Yep
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mfoolb
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mfoolb
they actually revised their statement
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Inge-
I still don̈́t understand how you would sneak in a double spend
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Inge-
I mean, you could have the same UTXO spent on multiple blocks on different chains of course ... but that will be reconciled.
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mfoolb
that's above my knowledge grade right now
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Inge-
basically any properly working node should not allow a transaction output to be spent more than once.
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Inge-
but you can have one in the mempool, maybe with a low fee, that isn't being mined yet... and then submit the same again with a higher fee. Only one of those should end up in the actual blockchain
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mfoolb
yeap
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charolastra
IMO the bigger questions is: why do that with only 0.0006BTC?
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u29601mg6ba93j[m
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charolastra
Cockstream getting cucked by Craig? lol
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pyu
#monero-dev
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cryptogod
2021-01-21 13:10:59.437 W There were 74 blocks in the last 90 minutes, there might be large hash rate changes, or we might be partitioned, cut off from the Monero network or under attack, or your computer's time is off. Or it could be just sheer bad luck.
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cryptogod
wtf is this
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selsta
it means that there have been more blocks than normal
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_I3^RELATIVISM
selsta: cool name
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Inge-
having the BTC "doublespend" announcement at a time of price retracement is pretty decent level FUDding
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vekin
did someone mine like 30 blocks in 10 minutes yesterday? sometimes these messages in monerod freak me out
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vekin
oh wait no it was more like 40 jeebus
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selsta
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vekin
oh i didn't notice the message went from 30min to 90min so it wasn't as extreme as i thought
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raecarruth
o_0
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mauss33
jess: You should get Monero guys to pay. All of them are at least millionaires, they can easily afford to pay you for your time. They just don't want to =)
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diverter2[m]
<Inge- "having the BTC "doublespend" ann"> Not bad. Also Craig Wright patent trolling and Bitcoin Core maintainer seemingly capitulating without much debate makes a nice little pack of nothingburger FUD to cause a dip.
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Inge-
diverter2[m]: prrpare to BTFD
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zippity
hello, wondering what is the best way to set up a profitable monero mining rig?
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nioc
with free electricity :)
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Mochi101
preferably free rigs too
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_I3^RELATIVISM
zippity: just use your work desktop
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_I3^RELATIVISM
and put it running when you are not using it
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_I3^RELATIVISM
scrub everything
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_I3^RELATIVISM
so if anybody ask the IT guy will think was an atacker
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_I3^RELATIVISM
so
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_I3^RELATIVISM
"with free electricity :)
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_I3^RELATIVISM
Mochi101
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_I3^RELATIVISM
preferably free rigs too"
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_I3^RELATIVISM
ahah
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loveras
hello
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zach
Too bad the free monero amounts to pennies. :\
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monerouser1144
Hi all, has there been any final verdict on deciding between "native" (systemd etc) vs Dockerized monerod node?
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diverter2[m]
<Inge- "diverter2: prrpare to BTFD"> Aye, money printer about to start brrr'ing in short order. Gonna go somewhere 🤷♂️
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zach
Penny printer?
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dickbrick[m]
Hello
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knaccc
hyc btw pedersen commitments are homomorphic encryption
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knaccc
i looked at the dero whitepaper to figure out how their concept of accounts work, but i couldn't find them explaining it anywhere