proper thread:

https://bt.irlbtc.com/view/653467.620

and here you go.

http://en.bitmakler.com/Monero___mining


THE POWER OF GOOGLE!

the last unknown is the hashrate your CPU will get. There's not a really good source of information for this. There was a google doc floating around, but its validity was in question at some point. Core i7's can get 200 - 250 h/s, those AMD GPU in the CPU can get I think around 400.

Yes, correct. As of today, If you created your account there, then you can only access your funds using MyMonero. At some point you may be able to import your keys from MyMonero in simplewallet, but that's not possible today.

On the other hand, what you can do right now is create a new wallet with simplewallet, login to MyMonero with your seed from simplewallet. Tell MyMonero to NOT import your previous transactions. Login to your original MyMonero account and transfer your funds to your new account created with simplewallet seed. That way you'll be able to use that new wallet with either MyMonero or simplewallet or any of the available GUI wallets (that rely on simplewallet).

no they cant. they have your viewkey which means they are able to see your transactions.
but they cant "destroy" or steal your funds as they never have your spent-key (just like blockchain.info)

This is untrue. If you use MyMonero, just backup your viewkey and spendkey, and you will always be able to recover your funds.

Yes, but right now only through MyMonero implementation, or am I wrong?

AND this here is the Crux on my question. MyMonero can Lock or remove access to those funds that were created with the key on their site. Now while some may think this is compromising of a trust-less system (it is) By generating a Key with the simple wallet first will bypass this as you guys have affirmed.

So now that this has all been fleshed out in my mind, here is my thought.
MyMonero can be used as an Escrow system where the Funds can be locked. Correct?

Create a wallet and a second login user for depositor (Site would have to guarantee wallet was created through site).
Second user added by wallet creator allowed to release (this would be the depositor)
Wallet funded by added second account (which has no clue of seed) only a unlock passphrase
User releases Lock when goods received.

A semi trustless system as the MyMonero admin is trusted in this case. No different than using Admin (Fluffy right?) as an escrow only his involvement will not be needed except to handle disputes.

Ahh, thx Smooth looked like an easy change to add an automated XMR escrow page.


Hmmm
What about if both parties received part of the seed.

I mapped out a escrow system that would essentially harness the power of payment IDs... well, its a multisig

https://forum.getmonero.org/6/ideas/220/good-enough-multisig-wallet

https://github.com/warptangent/bitmonero/commit/35b1500536a98e02ea459ca6ccb42e8248de43a8
^^^
There is the code to restore a MyMonero wallet to simplewallet. Finding the right way to add it to master is the trick (as the derivation is a bit different to simplewallet) - do we stick to the current long-mnemonic derivation, and then use the MM derivation for short-mnemonics? Or do we provide a short version of the current long-mnemonic derivation, plus an extra short derivation for MyMonero-style keys?

Until we figure out the most appropriate way to integrate this it'll sit in this commit, but it can ALWAYS be integrated and released by any number of the 25 Monero core contributors in the event of MyMonero's sudden and unexpected demise:)

@fluffypony: is there a security flaw when using a simplewallet seed (25 words) to log in mymonero? is it recommended?