00:13:24 https://petertodd.org/2016/cypherpunk-desert-bus-zcash-trusted-setup-ceremony 00:14:14 according to one of the participants (peter todd) in the trusted setup they cant prove that 00:17:20 Everyone says create a wallet on a USB bootable Tails. why not use a bootable ubuntu? good enough right? 00:25:20 Also, what encryption algo and software would you recommend using for encrypting wallet recovery keys? 00:27:33 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 00:28:00 If you need a copy on an Android phone, you can use KeepassDX 00:29:17 endor00: I want to encrypt a text file containing my wallet recovery so that I can store it in the "cloud" 00:29:53 so, a single encrypted file would be best for me. I'm looking into Veracrypt, but I wonder how well vetted it is 00:31:23 Why not just use pgp then? 00:31:49 You don't even need to generate a key, just use the symmetric encryption option 00:32:14 Just make sure to select AES-256 and not 128 (which might still be the default on some distros iirc) 00:33:06 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 00:40:29 I see 00:40:54 To your previous point, yeah that's exactly what I'm looking for, a symmetric encryption algo TO STORE my wallet keys in 00:44:40 if you're really paranoid, you can use multiple algorithms. e.g. AES-256 plus Twofish plus Serpent or whatever 00:45:50 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? 00:46:35 I'd stick with aes and be done with it. Less chance of screwing up 00:47:01 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 00:47:16 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? 00:47:19 maybe if you use the same key for both algos? don't do that, i guess 00:47:21 I mean, if somebody really managed to break AES-256, your wallet seed would be the last of your concerns 00:47:32 The entire internet would be fucked 00:47:48 keep your keys offline and keep them safe. 00:47:50 You store the password in your brain 00:47:54 cryptosteel capsule is one solution 00:47:58 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" :) 00:48:25 You encrypt yoru private key, or the recovery Key. you can't memorize that. but you can memorize your own selected password 00:48:46 Is there an AES 512? 00:48:53 not AFAIK 00:48:59 Is double encryption like double wrapping a condom? 00:49:07 Pretty much 00:49:10 shower thought 00:49:18 Lol 00:49:20 https://cryptosteel.com/product/cryptosteel-capsule/?v=3e8d115eb4b3 00:49:38 that's what i recommend going with any vital nemonic seed 00:50:17 those look cool but i'm not about to store my seed unencrypted whether it's steel or not 00:50:41 anyone finds that and you're done 00:50:44 so you are relying on a pasword in your head. what if you forget it? what if you get brain damage? 00:51:04 i don't have a good answer to that 00:51:06 Or what if you talk in your sleep, or you get drunk and have a momentary lapse in your judgement? 00:51:17 i'd rather take that risk than someone just finding or stealing my key however 00:51:30 They would need access to both the encrypted file, AND the password in your head 00:51:30 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 00:51:31 Couldn't you set a BIP38 password? 00:51:44 yup, that is true. 00:51:50 i'll just live with that risk for now. 00:51:59 There will always be some element of risk 00:52:10 It's part of the human element 00:52:36 You could alwasy leave the recovery key in the bank in plaintext :monst 00:52:48 * You could alwasy leave the recovery key in the bank in plaintext 👾 00:52:51 fuck that 00:53:23 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 00:54:01 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 00:54:24 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") 00:54:38 Monero supports multisig wallets, right? 00:54:44 yes 00:55:06 obviously i don't want to have my funds behind a multisig while i'm alive and able to use them though :) 00:55:30 Ha, got it. 01:31:58 I think I can use 7zip encryption feature to store my recovery keys. I read that it uses EAS256. 01:31:58 As long as the implementation isn't fucked..... 06:41:44 bros, your chain is fat 07:02:46 Does this blockchain make my hips look fat? 07:36:28 i wonder if the monero chain is bigger than dogecoin because it has more transactions or because it just takes considerable more space 07:41:58 wonder - or find out? https://bitinfocharts.com/comparison/transactions-xmr-doge.html 07:42:19 https://bitinfocharts.com/comparison/size-xmr-doge.html 10:04:08 hm https://cointelegraph.com/news/bitcoin-double-spend-spotted-in-the-wild 10:37:41 is that true? 10:40:32 Yep 10:46:54 https://twitter.com/BitMEXResearch/status/1351870852896346112 10:47:19 they actually revised their statement 11:17:19 I still don̈́t understand how you would sneak in a double spend 11:17:42 I mean, you could have the same UTXO spent on multiple blocks on different chains of course ... but that will be reconciled. 11:18:07 that's above my knowledge grade right now 11:18:50 basically any properly working node should not allow a transaction output to be spent more than once. 11:19:22 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 11:19:54 yeap 11:23:05 IMO the bigger questions is: why do that with only 0.0006BTC? 11:40:52 https://bitcoin.org/en/posts/regarding-csw 11:43:29 Cockstream getting cucked by Craig? lol 11:48:43 #monero-dev 13:12:18 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. 13:12:21 wtf is this 13:14:55 it means that there have been more blocks than normal 13:28:18 <_I3^RELATIVISM> selsta: cool name 14:20:34 having the BTC "doublespend" announcement at a time of price retracement is pretty decent level FUDding 15:25:17 did someone mine like 30 blocks in 10 minutes yesterday? sometimes these messages in monerod freak me out 15:26:25 oh wait no it was more like 40 jeebus 15:33:51 vekin: https://community.xmr.to/blocks/frequencies/ 15:39:50 oh i didn't notice the message went from 30min to 90min so it wasn't as extreme as i thought 15:51:04 o_0 16:47:13 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 =) 17:54:46 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. 19:33:07 diverter2[m]: prrpare to BTFD 20:55:39 hello, wondering what is the best way to set up a profitable monero mining rig? 21:07:51 with free electricity :) 21:08:18 preferably free rigs too 21:22:51 <_I3^RELATIVISM> zippity: just use your work desktop 21:23:05 <_I3^RELATIVISM> and put it running when you are not using it 21:23:26 <_I3^RELATIVISM> scrub everything 21:23:39 <_I3^RELATIVISM> so if anybody ask the IT guy will think was an atacker 21:23:52 <_I3^RELATIVISM> so 21:24:03 <_I3^RELATIVISM> "with free electricity :) 21:24:04 <_I3^RELATIVISM> Mochi101 21:24:04 <_I3^RELATIVISM> preferably free rigs too" 21:24:09 <_I3^RELATIVISM> ahah 21:28:34 hello 21:35:42 Too bad the free monero amounts to pennies. :\ 21:53:37 Hi all, has there been any final verdict on deciding between "native" (systemd etc) vs Dockerized monerod node? 21:57:48 Aye, money printer about to start brrr'ing in short order. Gonna go somewhere 🤷‍♂️ 22:02:17 Penny printer? 22:22:58 Hello 23:36:57 hyc btw pedersen commitments are homomorphic encryption 23:39:33 i looked at the dero whitepaper to figure out how their concept of accounts work, but i couldn't find them explaining it anywhere