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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: pereira4 on August 23, 2016, 01:56:26 PM



Title: Didn't Monero have massive problems in terms of blockchain size?
Post by: pereira4 on August 23, 2016, 01:56:26 PM
I remember using Monero back in the day when it didn't even have a GUI. Anyway, I remember that it had some serious problems with the blockchain, it was too bloated.

What is the current situation now? I may invest but right now it's obviously overpumped and will correct.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: raphma on August 23, 2016, 03:05:57 PM
i'm waiting the correction too... unfortunately i lost this pump.
a few bugs were solved and ringCT is almost finished so you should give it a try.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: smoothie on August 23, 2016, 03:11:52 PM
as was stated weeks ago...don't buy XMR...just look at it.  :P


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: Febo on August 23, 2016, 03:42:40 PM
All was solved with 0.9. Hydrogen Helix.  It was developed over a year and a half. And development of GUI and other not so important things was put aside.
Hydrogen Helix was implemented on January first 2016. At that time everyone could know Monero price will go only one way. Since Hydrogen Helix provided way faster future development.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: thejaytiesto on August 23, 2016, 04:08:25 PM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: TrueAnon on August 23, 2016, 06:00:01 PM
It's a shit coin with big name/backing by old and left in the dust now, no reason to want to use it, thus it SHOULD die but doesn't.

It will get a pump then dump and be stagnant for a year.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: Gillette on August 23, 2016, 06:03:45 PM
It's a shit coin with big name/backing by old and left in the dust now, no reason to want to use it, thus it SHOULD die but doesn't.

It will get a pump then dump and be stagnant for a year.

Why don`t you fuck off asshole with your shitty signature campaign?!!!


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: spartak_t on August 23, 2016, 06:05:49 PM
Can someone share what is the size of Monero's blockchain?


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: obit33 on August 23, 2016, 06:17:45 PM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

gold is also inflationary... infinite supply... its price is higher than bitcoin atm... sure, this pump may not last, but is it really a pump when it happens because something actually gains utility? It's not a pump because of some stupid marketing shenanigans...

monero doesn't even have a GUI yet, has a shitty website and no marketing team... still the price is $4.6... make your own conclusions





Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: manselr on August 23, 2016, 06:29:36 PM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

gold is also inflationary... infinite supply... its price is higher than bitcoin atm... sure, this pump may not last, but is it really a pump when it happens because something actually gains utility? It's not a pump because of some stupid marketing shenanigans...

monero doesn't even have a GUI yet, has a shitty website and no marketing team... still the price is $4.6... make your own conclusions





Ehhh are you really comparing gold with any cryptocurrency? If you can compare gold to any crypto, that's Bitcoin.

In any case, what makes crypto great is the deflationary and certainty of the total supply. And my conclusions is that this coin is pumped as fuck. I dont know what will happen to those "anonymous coins" once Bitcoin releases all the improvements in privacy that are coming next year.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: qwizzie on August 23, 2016, 06:30:42 PM
Can someone share what is the size of Monero's blockchain?

https://www.reddit.com/r/Monero/comments/45hu6p/blockchain_sizewhich_wallet/

https://i.imgur.com/cTxcj0y.jpg

that was from six months ago..


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: Febo on August 23, 2016, 06:36:54 PM
Yes most of blockchain was made in first few months and now barely adds anything. So i doubt is any significant difference then was 6 months ago.

I have it 8.6 GB, synced about a month ago.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: spartak_t on August 23, 2016, 06:38:47 PM
Can someone share what is the size of Monero's blockchain?

https://www.reddit.com/r/Monero/comments/45hu6p/blockchain_sizewhich_wallet/

that was from six months ago..

Bedanken! :)


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: qwizzie on August 23, 2016, 06:39:27 PM
Yes most of blockchain was made in first few months and now barely adds anything. So i doubt is any significant difference then was 6 months ago.

It would be interesting to see if someone independant would download and sync Monero's blockchain and tell us more about its
total time to sync and total blockchain size once fully synced.....


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: Febo on August 23, 2016, 06:42:55 PM
Yes most of blockchain was made in first few months and now barely adds anything. So i doubt is any significant difference then was 6 months ago.

It would be interesting to see if someone independant would download and sync Monero's blockchain and tell us more about its
total time to sync and total blockchain size once fully synced.....

Syncing depends of your HD if you have SDD is in an hour or so. it was a lot in main thread when Hydrogen Helix kicked in in January.  You can read there.

For me personally it synce way faster then BTC or Ethereum. I newer synced any other.



This is what i found in main thread from that time:


I have just re-synced from scratch the blockchain by new 0.9 release Win64 binaries. All things seem to be SUCCESS. Below I leave some number facts:

Total time to re-sync from scratch = 2h 25m
Maximum memory usage visible in standard Windows 7 task manager during re-sync = 60Mb
Overall Monero database files under c:\ProgramData\bitmonero = 7.6Gb

Simplewallet.exe have requested to import my wallet from old format - done instantly.

Note, 'refresh' command must be typed in simplewallet console to see up-to-date balance!

!!! MONERO DEVS CONGRATULATIONS !!!

and another


I agree, the DEVS KICK ASS.

I have also just synced the blockchain from scratch using ver0.9 binaries released for Win64. All seems to be a SUCCESS for me as well.

Total time to re-sync from scratch = ~50mins




Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: obit33 on August 23, 2016, 06:55:13 PM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

gold is also inflationary... infinite supply... its price is higher than bitcoin atm... sure, this pump may not last, but is it really a pump when it happens because something actually gains utility? It's not a pump because of some stupid marketing shenanigans...

monero doesn't even have a GUI yet, has a shitty website and no marketing team... still the price is $4.6... make your own conclusions





Ehhh are you really comparing gold with any cryptocurrency? If you can compare gold to any crypto, that's Bitcoin.

In any case, what makes crypto great is the deflationary and certainty of the total supply. And my conclusions is that this coin is pumped as fuck. I dont know what will happen to those "anonymous coins" once Bitcoin releases all the improvements in privacy that are coming next year.

off course I can compare to gold, gold has an inflation-rate of about 2% yearly... gold has been money and been inflationary for about 5000 years, your point being...?

Bitcoin can't even decide on it's blocksize, good luck on all the other changes that you're waiting for... maybe they will come, but until now they're just vaporware... but still, good luck

edit: btw comparing bitcoin to gold ain't right, bitcoin isn't even fungible...

best regards



Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: 5w00p on August 23, 2016, 08:06:45 PM
I remember using Monero back in the day when it didn't even have a GUI. Anyway, I remember that it had some serious problems with the blockchain, it was too bloated.

What is the current situation now? I may invest but right now it's obviously overpumped and will correct.

Monero still doesn't "even have a(n official) GUI"

The blockchain size "bloat" issue was cured many months ago, when the developers converted the blockchain to database format and located it to reside on the client node's permanent storage, rather than crowd out the volatile memory (RAM).
In other words, the 64-bit Win client now needs only about 30MB of RAM.

Price speculation has a thread.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: btc-mike on August 23, 2016, 08:22:41 PM
... development of GUI and other not so important things was put aside. 

The not so important things were put aside years ago. Those things will never get attention.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: obit33 on August 23, 2016, 08:58:11 PM
... development of GUI and other not so important things was put aside. 

The not so important things were put aside years ago. Those things will never get attention.

they do have an adaptive blocksize already... some coins don't even after 7 years...


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: paratox on August 23, 2016, 09:02:13 PM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

As a matter of fact, it isn't inflationary. The correct term is "disinflation".

From https://getmonero.org/knowledge-base/about :
Quote
The block reward will never drop below 0.3 XMR, making monero a disinflationary currency: the inflation will be roughly 1% in 2022 and go down forever, but the nominal inflation will stay at 0.3 XMR per minute. This means that there will always be an incentive for miners to mine monero and thus keeping the blockchain secure, with or without a fee market.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: btc-mike on August 24, 2016, 12:21:49 AM
... development of GUI and other not so important things was put aside. 

The not so important things were put aside years ago. Those things will never get attention.

they do have an adaptive blocksize already... some coins don't even after 7 years...

some coins don't require it. monero did.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: bbc.reporter on August 24, 2016, 01:17:03 AM
All was solved with 0.9. Hydrogen Helix.  It was developed over a year and a half. And development of GUI and other not so important things was put aside.
Hydrogen Helix was implemented on January first 2016. At that time everyone could know Monero price will go only one way. Since Hydrogen Helix provided way faster future development.

So how will the users of the darknet market use XMR if there is no GUI and no light wallet? This will be a hurdle for them to overcome and it will also be a hurdle for wider adoption. The news of Alphabay and Oasis is hyped to much. If the buyers and sellers there decide to use XMR they will surely scratch their heads wondering what to do.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: raphma on August 24, 2016, 01:35:24 AM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

this is just half true.
even though it is infinite, the price will depend on production x use (demand x supply).

ETH have infinite supply too and the price still "high". xmr might never achieve bitcoin price but still a good investment.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: btc-mike on August 24, 2016, 01:40:02 AM
I'm almost sorry you fell for the old fud from dash/bytecoin.

Do you realize the bytecoin devs created monero? They are the only ones that truly understand the codebase.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: btc-mike on August 24, 2016, 01:44:39 AM
All was solved with 0.9. Hydrogen Helix.  It was developed over a year and a half. And development of GUI and other not so important things was put aside.
Hydrogen Helix was implemented on January first 2016. At that time everyone could know Monero price will go only one way. Since Hydrogen Helix provided way faster future development.

So how will the users of the darknet market use XMR if there is no GUI and no light wallet? This will be a hurdle for them to overcome and it will also be a hurdle for wider adoption. The news of Alphabay and Oasis is hyped to much. If the buyers and sellers there decide to use XMR they will surely scratch their heads wondering what to do.


There are GUI wallets from 3rd party devs.

https://getmonero.org/getting-started/choose


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: c789 on August 24, 2016, 06:05:56 AM
As others have stated, those problems have been fixed in earlier releases.

Blockchain size is not really a concern long-term thanks to Moore's law.

This is from ArcticMine's sig:

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card

Remember how much storage was available on smartphones just a few years ago? Not much. And look at how much the average consumer hard drive has increased in capacity in just the last few years. Project that with Moore's law and you'll see that storage space is not a long-term problem for any cryptocurrency.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: bbc.reporter on August 24, 2016, 06:51:25 AM
All was solved with 0.9. Hydrogen Helix.  It was developed over a year and a half. And development of GUI and other not so important things was put aside.
Hydrogen Helix was implemented on January first 2016. At that time everyone could know Monero price will go only one way. Since Hydrogen Helix provided way faster future development.

So how will the users of the darknet market use XMR if there is no GUI and no light wallet? This will be a hurdle for them to overcome and it will also be a hurdle for wider adoption. The news of Alphabay and Oasis is hyped to much. If the buyers and sellers there decide to use XMR they will surely scratch their heads wondering what to do.


There are GUI wallets from 3rd party devs.

https://getmonero.org/getting-started/choose

I wish I could have seen that earlier. Thanks for posting this will be very useful for everyone in the future. I did not realize that there is already a light wallet and a web wallet. Please advertise well next time. I feel it is very unfair for some that they lacked all the info about XMR and what we mostly read here are all the FUD from other people in this forum.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: Whtwabbit on August 24, 2016, 07:16:37 AM
All was solved with 0.9. Hydrogen Helix.  It was developed over a year and a half. And development of GUI and other not so important things was put aside.
Hydrogen Helix was implemented on January first 2016. At that time everyone could know Monero price will go only one way. Since Hydrogen Helix provided way faster future development.

So how will the users of the darknet market use XMR if there is no GUI and no light wallet? This will be a hurdle for them to overcome and it will also be a hurdle for wider adoption. The news of Alphabay and Oasis is hyped to much. If the buyers and sellers there decide to use XMR they will surely scratch their heads wondering what to do.


There are GUI wallets from 3rd party devs.

https://getmonero.org/getting-started/choose

I wish I could have seen that earlier. Thanks for posting this will be very useful for everyone in the future. I did not realize that there is already a light wallet and a web wallet. Please advertise well next time. I feel it is very unfair for some that they lacked all the info about XMR and what we mostly read here are all the FUD from other people in this forum.

It was very unfair no-one contacted me in 2012 to notify me about bitcoin


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: DaveyJones on August 24, 2016, 08:17:12 AM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

gold is also inflationary... infinite supply... its price is higher than bitcoin atm... sure, this pump may not last, but is it really a pump when it happens because something actually gains utility? It's not a pump because of some stupid marketing shenanigans...

monero doesn't even have a GUI yet, has a shitty website and no marketing team... still the price is $4.6... make your own conclusions





Ehhh are you really comparing gold with any cryptocurrency? If you can compare gold to any crypto, that's Bitcoin.

In any case, what makes crypto great is the deflationary and certainty of the total supply. And my conclusions is that this coin is pumped as fuck. I dont know what will happen to those "anonymous coins" once Bitcoin releases all the improvements in privacy that are coming next year.

Like they did with the blocksize?     ... yeah that was a fast decision to implent anything :p


All was solved with 0.9. Hydrogen Helix.  It was developed over a year and a half. And development of GUI and other not so important things was put aside.
Hydrogen Helix was implemented on January first 2016. At that time everyone could know Monero price will go only one way. Since Hydrogen Helix provided way faster future development.

So how will the users of the darknet market use XMR if there is no GUI and no light wallet? This will be a hurdle for them to overcome and it will also be a hurdle for wider adoption. The news of Alphabay and Oasis is hyped to much. If the buyers and sellers there decide to use XMR they will surely scratch their heads wondering what to do.

No light wallet is not entire true. If you use Nodes like the Sigaint Tor Node or the random ones from http://moneroworld.com/. But by that you are giving up some of the advantages/privacy from Monero.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: smooth on August 24, 2016, 08:27:48 AM
OP, there were real two issues with the blockchain size back when the coin started in 2014:

1. The original open source pool software created by the Monero community paid every single miner on every single block. That obviously led to a massive amount of bloat.

2. The blockchain was being stored in RAM, which obviously made a large blockchain extremely problematic.

Both issues were solved long ago.

... development of GUI and other not so important things was put aside. 

The not so important things were put aside years ago. Those things will never get attention.

What are you talking about? The GUI has been under active development. You can literally pull it and compile the development version here: https://github.com/mbg033/monero-core

Quote
Do you realize the bytecoin devs created monero? They are the only ones that truly understand the codebase.

An enormous portion of it (tens of thousands of lines of code) has been rewritten or heavily modified. Your statement isn't remotely accurate any more.

what we mostly read here are all the FUD from other people in this forum.

Exactly right. Please visit the Monero threads here, the Monero web site, forum, Slack, IRC, telegram, etc. to get accurate information.

Monero has an infinite supply, it's an inflationary coin...

Probably not in practice. Given lost coins the supply will reach an equilibrium at some fixed amount (probably around 30 million coins) and stop growing. Read more here (https://www.reddit.com/r/Monero/comments/4z0azk/maam_28_monero_ask_anything_monday/d6sixyi)

Quote
I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

Speculation and price talk thread is here (https://bitcointalk.org/index.php?topic=753252.0)


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: raphma on August 24, 2016, 01:46:36 PM
I feel it is very unfair for some that they lacked all the info about XMR and what we mostly read here are all the FUD from other people in this forum.

lol, there are tons of topics about xmr... you believe what you want. Every coin have FUD so it's up to you decide what worth what not.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: thejaytiesto on August 24, 2016, 02:53:37 PM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

gold is also inflationary... infinite supply... its price is higher than bitcoin atm... sure, this pump may not last, but is it really a pump when it happens because something actually gains utility? It's not a pump because of some stupid marketing shenanigans...

monero doesn't even have a GUI yet, has a shitty website and no marketing team... still the price is $4.6... make your own conclusions





Ehhh are you really comparing gold with any cryptocurrency? If you can compare gold to any crypto, that's Bitcoin.

In any case, what makes crypto great is the deflationary and certainty of the total supply. And my conclusions is that this coin is pumped as fuck. I dont know what will happen to those "anonymous coins" once Bitcoin releases all the improvements in privacy that are coming next year.

off course I can compare to gold, gold has an inflation-rate of about 2% yearly... gold has been money and been inflationary for about 5000 years, your point being...?

Bitcoin can't even decide on it's blocksize, good luck on all the other changes that you're waiting for... maybe they will come, but until now they're just vaporware... but still, good luck

edit: btw comparing bitcoin to gold ain't right, bitcoin isn't even fungible...

best regards



Dude do you have bricks for brains? Segwit is comming with 0.13.1. We are at 0.13.0 already, Segwit code is added in testnet, we will have it in the next version. Remember when people said Segwit was "vaporware"??

Next year we will start to see the first sidechains and CT. Bitcoin is king of crypto, deal with it.


And stop comparing gold with any crypto, that is stupid. Gold has legendary network effect. It is in every human's brain to link gold with wealth. You can't compare it with any crypto, only to BTC because BTC is THE crypto.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: obit33 on August 24, 2016, 03:22:36 PM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC. If I had XMR I would sell some right now. Common sense says that such a pump cannot be sustained for much longer. Good luck, im staying out.

gold is also inflationary... infinite supply... its price is higher than bitcoin atm... sure, this pump may not last, but is it really a pump when it happens because something actually gains utility? It's not a pump because of some stupid marketing shenanigans...

monero doesn't even have a GUI yet, has a shitty website and no marketing team... still the price is $4.6... make your own conclusions





Ehhh are you really comparing gold with any cryptocurrency? If you can compare gold to any crypto, that's Bitcoin.

In any case, what makes crypto great is the deflationary and certainty of the total supply. And my conclusions is that this coin is pumped as fuck. I dont know what will happen to those "anonymous coins" once Bitcoin releases all the improvements in privacy that are coming next year.

off course I can compare to gold, gold has an inflation-rate of about 2% yearly... gold has been money and been inflationary for about 5000 years, your point being...?

Bitcoin can't even decide on it's blocksize, good luck on all the other changes that you're waiting for... maybe they will come, but until now they're just vaporware... but still, good luck

edit: btw comparing bitcoin to gold ain't right, bitcoin isn't even fungible...

best regards



Dude do you have bricks for brains? Segwit is comming with 0.13.1. We are at 0.13.0 already, Segwit code is added in testnet, we will have it in the next version. Remember when people said Segwit was "vaporware"??

Next year we will start to see the first sidechains and CT. Bitcoin is king of crypto, deal with it.


And stop comparing gold with any crypto, that is stupid. Gold has legendary network effect. It is in every human's brain to link gold with wealth. You can't compare it with any crypto, only to BTC because BTC is THE crypto.

Dude, i'll believe it when i see it...

Comparison to gold only because you were rambling on over inflationary tendencies...

VCR is king!


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: European Central Bank on August 24, 2016, 03:27:11 PM
Monero has an infinite supply, it's an inflationary coin... I wouldn't expect the price to reach massive amounts like BTC.

pumpers and the people who get sucked into it don't care about that and never will.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: btc-mike on August 24, 2016, 03:44:25 PM
... development of GUI and other not so important things was put aside. 

The not so important things were put aside years ago. Those things will never get attention.

What are you talking about? The GUI has been under active development. You can literally pull it and compile the development version here: https://github.com/mbg033/monero-core

I checked before I posted that. The official GUI wallet is not usable for average users. I've said similar things about the GUI 2 years ago and they are still true.

Do you realize the bytecoin devs created monero? They are the only ones that truly understand the codebase.

An enormous portion of it (tens of thousands of lines of code) has been rewritten or heavily modified. Your statement isn't remotely accurate any more.

We each have our opinion on this.

smooth - I like what you guys are doing; taking great technology and making it better but I don't like misinformation.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: c789 on August 24, 2016, 04:02:59 PM
Lots tons of FUD about XMR these days.

Keep in mind that SIGAINT, Oasis, AlphaBay, and other major entities wouldn't be using Monero if it wasn't everything it's claimed to be. They have way to much at stake to trust their sites to something that has problems. That should be enough to dispel any FUD about Monero.

SIGAINT:
https://www.reddit.com/r/Monero/comments/4xqrzd/sigaint_launches_tor_monero_node_as_its_operators/

Alphabay Market:
https://np.reddit.com/r/DarkNetMarkets/comments/4z0wm3/alphabay_market_launched_first_phase_of_monero/

Oasis:
https://np.reddit.com/r/DarkNetMarkets/comments/4yv1dc/oasis_we_now_accept_monero_xmr/


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: LiskKing on August 24, 2016, 05:25:38 PM
It's a shit coin with big name/backing by old and left in the dust now, no reason to want to use it, thus it SHOULD die but doesn't.

It will get a pump then dump and be stagnant for a year.


I would buy now before you come back in 2 months and see the price 10x.


Im throwing at least 50K USD from my ETH profit and/ list profit into here if price keeps up this stability. I expected to dump into 600k range...this very impressive...


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: smooth on August 24, 2016, 05:37:47 PM
... development of GUI and other not so important things was put aside.  

The not so important things were put aside years ago. Those things will never get attention.

What are you talking about? The GUI has been under active development. You can literally pull it and compile the development version here: https://github.com/mbg033/monero-core

I checked before I posted that. The official GUI wallet is not usable for average users. I've said similar things about the GUI 2 years ago and they are still true.

I agree it is not yet usable by average users (i.e. "development version"), but it isn't correct to say it will "never get attention" when it is under active development

Quote
Do you realize the bytecoin devs created monero? They are the only ones that truly understand the codebase.

An enormous portion of it (tens of thousands of lines of code) has been rewritten or heavily modified. Your statement isn't remotely accurate any more.

We each have our opinion on this.

smooth - I like what you guys are doing; taking great technology and making it better but I don't like misinformation.

I don't either. Agree to disagree.


Title: Re: Didn't Monero have massive problems in terms of blockchain size?
Post by: Anon136 on August 24, 2016, 05:58:36 PM
Yes most of blockchain was made in first few months and now barely adds anything. So i doubt is any significant difference then was 6 months ago.

I have it 8.6 GB, synced about a month ago.

Its ~9.22 at the moment.