Monero CCS - Reading Assignment

Privacy Coins - Ultimate Course
#41
  1. After the Core Team has determined that the community has reached loose consensus, funding begins.
  2. RandomX Audits; USD 118,000; 40 contributors.
  3. As per today XMR 3,870, equivalent to USD 263,160.
  4. Post-quantum strategies for Monero: This research will study and simulate the threats to assess Monero’s vulnerability to quantum computers, (2) evaluate post-quantum cryptography scheme candidates to create a roadmap for hardening Monero against quantum adversaries, and (3) openly communicate the results for a variety of audiences.

The advent of powerful quantum computers will wreak havoc on almost every aspect of our digital infrastructure. Access to sound money (which requires privacy) is a fundamental human right and should be considered a high priority for hardening against quantum adversaries. To our knowledge, there are currently no plausibly post-quantum anonymous currencies in use today, meaning that only short-to-intermediate term financial privacy is available with current technology. The first coin to implement long-term post-quantum privacy features will be in a strong position for adoption, even long before quantum computers arrive.

“A post-quantum world would destroy Amazon, Wells Fargo, Visa, and most world governments. But there’s no reason it has to also destroy Monero.”

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#42

:fire: :fire: :fire:

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#43

1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
The Monero community

2. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
RandomX Audits, 118000usd

3. What’s the current USD value of all ‘Work in Progress’?
Somewhere around 3800XMR – ~264260 USD

4. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.
Translation of Mastering Monero into Brazilian Portuguese: Portuguese is the sixth most spoken language worldwide, with 215 million native speakers. Brazil has over 1 million people registered with national brokers to invest in crypto and investors have even outnumbered those who invest in the stock market, so this segment is an increasingly important one. By translating Mastering Monero, this contributor is bringing education and therefore easier access to the Portuguese-speaking community.

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#44

  • Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    The Community (Monero Community that is)

  • Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
    RandomX Audits with a value of 118000 USD

  • What’s the current USD value of all ‘Work in Progress’?
    3870 XMR

  • Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.
    Research for post Quantum Strategies for Monero
    This is an important issue to address. It would be smart to look at these issues with quantum computing knocking at the door. If the cryptography behind Monero could be circumvented then mayn crypto currencies would implode.

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#45

  1. The core team decides when a project moves from “Ideas” to “Funding Required.”

  2. RandomX Audits had the highest budget under “Completed Task.” The USD value at the time was approx. $119 000.00 USD ($85 x 1400 $85 was given in the proposal as the amount for the XMR at the time. Pretty wanky math if you ask me). There were 3 contributors. Their totals add up to $117 796.84. The proposal indicated that the amount would be approx. $118 000.00 but that that amount could fluctuate.

  3. The current USD value of all “Work in Progress” is 3670 XMR x $65.71 = $241 155.70.

  4. Monero Atomic Swaps research funding is an interesting project. In blockchains where hashed timelock contracts are doable atomic swaps are already deployed, but when one blockchain doesn’t have this capability it becomes a challenge. This protocol describes how to achieve atomic swaps between Bitcoin and Monero with two transactions per chain without trusting any central authority, servers, nor the other swap participant. Atomic swaps have been a key missing component for XMR adoption on DEXs and other platforms, and will allow a completely trustless way to swap into and out of Monero. Cross-chain atomic swaps with Bitcoin would help Monero’s censorship resistance, usability in payments, user on-ramping, etc.

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#46

Head over to the Monero Community Crowdfunding Service website. Have a look around, answer the questions and post your answers below:

https://ccs.getmonero.org/

  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
  2. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
  3. What’s the current USD value of all ‘Work in Progress’?
  4. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.

Hello sir, did you forgot to type your questions?

If you have any doubt, please let us know so we can help you! :slight_smile:

Carlos Z.

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#47
  1. The core team of Monero determines when a project is moved from the ‘Ideas’ phase to the ‘Funding Required’ phase when there is sufficient consensus within the community.
  2. The RandomX Audits is the completed task has the highest budget of 1400 XMR @ 85 XMR/USD = $119,000 USD. This was split split between 3 parties: Kudelski 18,250 CHF ~ $18,094.04, X41 42,000 Euro ~ $46,902.58 and QuarksLab $52,800.00. There were 40 contributors.
  3. Total ‘work in progress’: 4049 XMR @ 65.55 = $265,411.95 USD.
  4. Monero Debian Package Repository for 2 years: is to create a slick debian linux package install library powered by apt-get. The goal would be to include the monero wallet as the default choice for any debian based privacy focused distribution such as: Whonix and Tails. The following deb-packages are purposed: monero-wallet-gui, monero-wallet-cli and monerod. The project requires 2000 USD to start, with 1000/year maintenance funding required. This would greatly simplify a Monero install in any debian based linux system.
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#48

  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
    The community can approve funding or grants.

  2. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
    Highest completed is 1400XMS for RandomX Audits with 40 contributors
    and highest current one is Sarang research funding with 845 XMR and 15 contributors

  3. What’s the current USD value of all ‘Work in Progress’?
    4567 XMR = $304,555.7064

  4. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.
    There is one for Norwegian translation for the copy 7615 words and navigation for 6XMR for 4 days of work.

#49
  1. Monero community.
  2. The highest budget was for “Random X Audits” Project with 1400 XMR or about 118.000 USD. There was a total of 40 contributors.
  3. The current USD value of all ‘Work in Progress is close to 171’000 USD
  4. Video creation/translations into Russian
    This project is intended to localize various Monero-related media into Russian, including recording or re-dubbing YouTube videos, and translating various Monero-based publications into Russian.
#50
  1. The Monero community.
  2. RandomX Audits. There were 40 contributors and 1400 XMR $118,000
  3. 4,567 XMR / $63.06 Per XMR = $287,995.02
  4. v1docq47 proposal is asking 100 XMR for 6 months work to translate & create video’s in Russian language. This supports Monero ecosystem in that Russians who don’t know or understand the English language will understand & be up to date on the latest info & news regarding Monero cryptocurrency in their native language. This helps more people to be involved in cryptocurrency adoption.
  • Accomplish the voiceover remaining performances of MoneroKon 2019
  • Finish the export of already completed translations of MRL research documents to TeX (followed by export to pdf)
  • Launch the Russian-language Wiki section with all reference and technical documentation and information
  • Start a translation of the CLI version of the wallet
  • Prepare the cycle of videos on working with the Trezor hardware wallet
  • Update all my Monero mining guides NVIDIA / AMD / CPU
  • And the last, but not least, point in my to-do list for the new year is to continue working on the news block and other videos on the YouTube channel as well as doing translations of everything related to Monero into the Russian language.
#51

1: The core team decides after the community evauation is passed on to them
2: Randim X audit 1400 XMR 40 contributors Kudelski $18,094.04 ,X41 $46,902, QuarksLab $52,800 total $118,000 at the time.
3: total value 171,000 USD
4: Research post quantum strategy ; Look into the impact of quantum computing possible effect on the monero blockchain.many attacks can possibly be done by the power of quantum computing. It possibly can derive private keys from public keys, private keys from images deobfuscating the transaction graph and other cryptographic functions. Stimulate the and study the the treats above and asses Monero vulnarability to quantum computers.

#52
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?

After the Core Team has determined that the community has reached loose consensus, the MR is merged, and funding begins.

  1. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?

RandomX Audits 40 contributors

  1. What’s the current USD value of all ‘Work in Progress’?
    3542
    1 xmr = 67.21
    238,057

  2. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.

v1docq47: video creation / translations into russian (february - july 2020)

Localization of the Monero project into Russian.
Creation of information / news and tutorials video for YouTube channel.

allowing other countries to access or understand monero

#53

Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?

The community decides when a project moves from ideas to funding required. The core devs take a loose consensus from the community and from there funding can begin.

Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?

The completed task that had the highest budget was the RandomX Audits. The funds allocated to the project was 1400XMR. The USD value at the time was 85$ = 1XMR
There were 3 contibutors, they were Kudelski, X41, QuarksLab.

What’s the current USD value of all ‘Work in Progress’?
what im assuimgin this question is asking is what is the current value of XMR in relation to what was paid out then. the Current value of XMR is $68.38. The value at the time was 85$ per XMR = 1400 paid out which was $$119,000$$ at the time.

Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.

The Project i choose to write about was " Monero Atomic Swaps research funding". I choose this Project because as of now me, regular joe-shomo really likes the what the Monero project is all about and its privacy centered features as we live in a society where it seems privacy is a luxury afforded only to government and corporations, I would like to have and use this currency as a way of learning and exploring privacy and learning to retain the little i have left. As i how i think this project benefits the Monero ecosystem, obtaining Monero is difficult at the moment for me and obtaining it a more Secure and private way with the spirit of the Monero ideals is even harder for the likes of the average joe. if accessibility was opened up even more with the coin, I’m sure adoption would explode.

#54

  1. the XMR community

  2. random autidts 1400xmr

  3. 3392xmr

  4. Christopher translated the GUI into Norwegian for only 3 XMR. Now whoever omes to offer translations might be hesitant to ask for more. :slight_smile: other translation proposals are there but not finished yet…

#55
  1. The community
  2. Random X audits
  3. 3392 XMR on 2020-08-03
  4. Monero Atomic Swaps:
  • Currently waiting for the first milestone before research begins.
  • Will enable Atomic swaps between XMR and BTC
#56
  1. The core team of Monero decides if the community reached consensus on a specific idea details. They merge Merge Request and funding stage begins.
  2. RandomX Audits collected 1400 XMR. It was approximately 118 000 USD. 4 different audit teams worked on it and 40 contributors were involved.
  3. It is around 3200 XMR. Current price is 87.95 USD. That is around 300 000 USD.
  4. I found it fascinating that independent researchers such as Dr. Sarang Noether are funded thru CCS process. In his proposal “Sarang: research funding for 2020 Q3” he specifies what period of time the requested funds will cover and outlines what is he going to work on within said period.

In particular he is coordinating audit process of “Concise Linkable Ring Signatures and Forgery Against Adversarial Keys” and working on protocol improvements (transaction privacy, fungibility).

I see that funding was released, but work is not yet done since that funding was for a Q3 of 2020.

#57
  1. After submitting a proposal there is a period of community feedback and proposal refining. The final decision approving the proposal for funding is made by the Core Team.
  2. The completed task with the highest budget was the Ramdom X Audits, at 1400 XMR worth $118,000 USD at the time (May 20 2019) and had 40 contributors.
    3.The current (Aug 2020) work in progress is valued at 3392 XMR ($90.78 USD per XMR) or $307,925.76 USD, but probably a lot more given the way the FED is printing fiat.
  3. One project in the Work in Progress stage is a research project on identifying practical post-quantum strategies for Monero. Qantum computers may be able to defeat some of the previously used security and anonymity features of prior versions of Monero putting current and future users at risk. The proposal seeks to identify possible threats and propose solutions so that Monero can exist in a post quantum computer world.
#58

Who decides when a project moves from Ideas to Funding ? It is decided by the forum community at Monero

Which completed task had the highest budget? It was RandomX audits

What was the USD value and how many contributors. The USD Value =$118,000 with 40 Contributors

What’s the current USD value of all work in progress ? It’s 3082 Monero

Choose one project from work in progress and write a short summary of the work being done anyhow it supports the Monero ecosystem. Monero Outreach Round 3; Pushing for Monero adoption and awareness via education and marketing.Making spreadsheets for developers as well as support for the future.

#59
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’?
  • The Core Team after loose consensus is reached by the Monero Community.
  1. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there?
  • Audits for the RandomX Proof of Work algorithm (1400 XMR = $118,000)
  • May 20, 2019 (1 XMR = 85 USD)
  • 40 contributors
  1. What’s the current USD value of all ‘Work in Progress’?
  • 3392 Monero = 314288 US Dollars
  1. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.
  • Research post-quantum strategies for Monero
    Quantum Computers could theoretically circumvent several of Monero’s security and privacy features in the future if they are made. Algorithms that could do this are already known, such as Shor’s algorithm (which breaks security based on the discrete logarithm problem) and Grover’s algorithm (which could be used to [forge blocks).
    Retroactive deanonymization puts today’s Monero users at the hands of tomorrow’s quantum or classical adversaries. If practical quantum computers that can break Monero’s encryption arrive at any point in the future, then users’ lifelong transaction history willl become public for ingestion by the AdTech industry, stalkers, criminals, and governments. It is irrelevant which party publishes a de-anonymized copy of the Monero blockchain first - the universal evaporation of privacy is irreversible.
    This research will (1) study and simulate the threats listed above to assess Monero’s vulnerability to quantum computers, (2) evaluate post-quantum cryptography scheme candidates to create a roadmap for hardening Monero against quantum adversaries, and (3) openly communicate the results for a variety of audiences.
#60
  1. Who decides when a project moves from ‘Ideas’ to ‘Funding Required’? The Monero core team, once they have determined the community has reached consensus.
  2. Which ‘Completed Task’ had the highest budget? What was the USD value (at the time, hint: read the proposal) and how many contributors were there? RandomX-audit.md, Howard Chu, payouts: date: 30 May 2019, amount: 1400 XMR, with 40 contributors.
  3. What’s the current USD value of all ‘Work in Progress’? 2837 XMR x Current XMR price ($87.37) = $24,7868. 69 USD
  4. Choose one project from ‘Work in Progress’ and write a short summary of the work being done and how it supports the Monero ecosystem.

Sarag: research funding for 2020 Q3 - Objectives Include:

  • CLSAG audit. The CLSAG audit planning process (which has been quite the endeavor) is being finalized, and I will coordinate the technical efforts for this process.
  • Arcturus applications. The Arcturus proving system leads naturally to an efficient transaction protocol. Math and implementation involving multi-signatures, cooperative signing, and anonymity set selection are ongoing.
  • Protocol improvements. As always, research and development are ongoing to determine safe and efficient ways to improve transaction privacy, fungibility, and functionality while mitigating different types of adversarial heuristics.

And of course, there is always research and development that arises… code review, the usual updates and changes, outreach, literature review, proof-of-concept code and testing, documentation, and more.