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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tornikejr on December 09, 2017, 12:16:04 PM



Title: Monero wallets
Post by: tornikejr on December 09, 2017, 12:16:04 PM
I want to buy and hold Monero.
can anyone suggest me user friendly, secure wallet for Monero ?


Title: Re: Monero wallets
Post by: anthi on December 09, 2017, 12:26:22 PM
put it on a paper wallet if u want to hold longterm
safest option imo


Title: Re: Monero wallets
Post by: Pilchard on December 09, 2017, 12:33:12 PM
Simplewallet is a good simple wallet.    It's pretty self explaining and it walks you through the process of making a wallet.

It's pretty much the official monero wallet,  you can download it at the official website.

https://getmonero.org/downloads/

You want the Current Version: 0.11.1.0 Helium Hydra
pick the one for your operating system

Once it's downloaded run the monerod.exe    and let it synchronise itself to the blockchain.  this might take a long time,  best part of a day or more.


Once that's done,  it will tell you that it is synched and will let you know that you can start the monero-wallet-cli.exe   which is where you make your wallet (it walks you through when you start the exe,  good if you're new)

Once you make your wallet,  it will refresh the blockchain which shouldn't take all that long,  no where as long as synching the Daemon did.

Once it's finished you can then use your wallet.   type     help     into the wallet and hit enter.   It will display all the commands and how they are used.  basically a manual inside the wallet.  Easy enough to use even without prior experience.



If you run into trouble just pop back here and explain your problem and someone will do their best to help ya out :-)



Title: Re: Monero wallets
Post by: tornikejr on December 09, 2017, 12:34:23 PM
How can i make paper wallet for monero? (e.g I made paper wallet for ethereum on myetherwallet.com )


Title: Re: Monero wallets
Post by: Pilchard on December 09, 2017, 12:36:40 PM
Gimme a sec,  All I've typed above is for the Command line interface wallet.  Looks like there is a Gui wallet available.  I'm taking a look at it now.

Course if you want to use the "Command line tools only" version....  All what I've said will line up and work fine.


Title: Re: Monero wallets
Post by: tornikejr on December 09, 2017, 12:38:35 PM
Simplewallet is a good simple wallet.    It's pretty self explaining and it walks you through the process of making a wallet.

It's pretty much the official monero wallet,  you can download it at the official website.

https://getmonero.org/downloads/

You want the Current Version: 0.11.1.0 Helium Hydra
pick the one for your operating system

Once it's downloaded run the monerod.exe    and let it synchronise itself to the blockchain.  this might take a long time,  best part of a day or more.


Once that's done,  it will tell you that it is synched and will let you know that you can start the monero-wallet-cli.exe   which is where you make your wallet (it walks you through when you start the exe,  good if you're new)

Once you make your wallet,  it will refresh the blockchain which shouldn't take all that long,  no where as long as synching the Daemon did.

Once it's finished you can then use your wallet.   type     help     into the wallet and hit enter.   It will display all the commands and how they are used.  basically a manual inside the wallet.  Easy enough to use even without prior experience.



If you run into trouble just pop back here and explain your problem and someone will do their best to help ya out :-)


Thank for details.I have already downloaded today and from getmonero.org, but couldn't understand how to use now will try :)


Title: Re: Monero wallets
Post by: Pilchard on December 09, 2017, 12:42:17 PM
Oh here's a good link on how to make the safest cold wallet for long term storage of funds.  It's linked to from the official sites downloads page (you can confirm that yourself,  you should go there and use that link as you should never trust a forum link completely).  So should be safe.

https://monero.stackexchange.com/questions/3239/is-there-a-tool-for-making-secure-cold-wallets/3240#3240





Title: Re: Monero wallets
Post by: Keihatsu on December 09, 2017, 12:46:22 PM
if you use the Monero desktop wallet, I experienced a few bugs and it takes a good while to sync the entire chain.


Title: Re: Monero wallets
Post by: hieu81 on December 09, 2017, 12:51:14 PM
I want to buy and hold Monero.
can anyone suggest me user friendly, secure wallet for Monero ?
You can used online wallet from offical web site! You seed from this wallet can import to PC wallet.
You need used protect virut software for your PC to check key log and other way to hack your key!


Title: Re: Monero wallets
Post by: Pilchard on December 09, 2017, 12:52:50 PM
Checking out the Graphical user interface wallet (gui) now,  Not entirely sure whether you need to run the daemon (monerod.exe) and sync it to the blockchain before you run the wallet exe itself before it can be used to receive and send transactions....

I know this is the case with the command line interface (cli) version of the same wallet available from the same downloads page.


The Gui wallet might start the Daemon automatically in the background and sort itself out though.   Can anyone confirm this?  

I'm more familiar with the Cli version of simplewallet.  I've not really used the GUI version as I've not had the need to...


Title: Re: Monero wallets
Post by: Red_Sanford on December 09, 2017, 12:53:00 PM
if you use the Monero desktop wallet, I experienced a few bugs and it takes a good while to sync the entire chain.

How long does this take ? 24hrs ? And how much GB do I need on the ssd to do this ?

I have monero but could never get the wallet to sync and have left them on the exchange.

Looking to buy more but want to store them myself


Title: Re: Monero wallets
Post by: Pilchard on December 09, 2017, 12:58:38 PM
Really there needs to be a basic step by step guide for getting started with each different type of wallet on the download page itself :-p


Title: Re: Monero wallets
Post by: beachbummer on December 09, 2017, 01:21:43 PM
Checking out the Graphical user interface wallet (gui) now,  Not entirely sure whether you need to run the daemon (monerod.exe) and sync it to the blockchain before you run the wallet exe itself before it can be used to receive and send transactions....

I know this is the case with the command line interface (cli) version of the same wallet available from the same downloads page.


The Gui wallet might start the Daemon automatically in the background and sort itself out though.   Can anyone confirm this?  

I'm more familiar with the Cli version of simplewallet.  I've not really used the GUI version as I've not had the need to...

Yes, the GUI wallet will start the monerod daemon in the background, but I prefer to run monerod first before running the GUI wallet so I can easily see the running log messages in the command prompt.


Title: Re: Monero wallets
Post by: beachbummer on December 09, 2017, 01:24:43 PM
if you use the Monero desktop wallet, I experienced a few bugs and it takes a good while to sync the entire chain.

How long does this take ? 24hrs ? And how much GB do I need on the ssd to do this ?

I have monero but could never get the wallet to sync and have left them on the exchange.

Looking to buy more but want to store them myself

IIRC, it took me about 3 to 4 days to sync the whole blockchain. Although you have the option of downloading the blockchain as a file to do your initial sync, this is not recommended because it really consumes a lot of resources and still takes up time. And I think when I terminated the sync halfway, I had to resync the file again from scratch!

I might have done something wrong so any other experts out there please feel free to correct me.


Title: Re: Monero wallets
Post by: Pilchard on December 09, 2017, 03:48:54 PM
Mentioning syncing,   I'm having a problem with the Refresh sync in simplewallet (on the electroneum blockchain rather than monero) taking an age to complete, over 52 minutes.    Since I like to make new wallets for each significant transaction this is taking up a lot of my time...

Here's an example, check the time in windows...

https://imgur.com/R2Oft0U

to
https://imgur.com/t24WDAG


I'm wondering what the bottle neck is here that's causing it to take so long,  My Ryzen 1600 cpu is only at around 14%,    and it's not even pegging one core at 100% so it's not a CPU or singlethread bottleneck..

I have a Samsung 850 pro 256gb SSD,  and it's using hardly any disk speed so it's not a disk access bottleneck..

It's only using about 170ish MB of ram....

So all I can think of is it's a network/internet bottleneck of somekind.....


There should be a way to download the entire Electroneum blockchain and have the wallet scan that for transactions,  using the fast SSD rather than slow network....?


Anyone have any ideas?


Title: Re: Monero wallets
Post by: DanWalker on December 09, 2017, 04:16:13 PM
put it on a paper wallet if u want to hold longterm
safest option imo

A paper wallet couldn't be restored in case if it will be destroyed or disappeared. But hardware cold wallet could. It costs pretty much but I sure that it worth all the money you've spent to buy it.


Title: Re: Monero wallets
Post by: rayk on December 09, 2017, 04:49:00 PM
Multi coin wallets don't support monero, I don't know the reason. But the best wallet is already official one of the coin. You can download it from their website: https://getmonero.org/


Title: Re: Monero wallets
Post by: Keihatsu on December 09, 2017, 07:09:10 PM
if you use the Monero desktop wallet, I experienced a few bugs and it takes a good while to sync the entire chain.

How long does this take ? 24hrs ? And how much GB do I need on the ssd to do this ?

I have monero but could never get the wallet to sync and have left them on the exchange.

Looking to buy more but want to store them myself

IIRC, it took me about 3 to 4 days to sync the whole blockchain. Although you have the option of downloading the blockchain as a file to do your initial sync, this is not recommended because it really consumes a lot of resources and still takes up time. And I think when I terminated the sync halfway, I had to resync the file again from scratch!

I might have done something wrong so any other experts out there please feel free to correct me.

It took me the best part of a week and stalled halfway through but I found a fix. Suspect the problem is now resolved.

I got fed up with updating the sync after not logging on for a couple of months - best to regularly sync.

Can't remember how much memory - it was insignificant in terms of my capacity.

I now have my Monero on Bittrex now.



Title: Re: Monero wallets
Post by: bitcointarget on December 09, 2017, 07:14:27 PM
I want to buy and hold Monero.
can anyone suggest me user friendly, secure wallet for Monero ?

They have their official monero wallet, use it always. There are some third party applications for wallets, but they're not trusted. Don't risk your valuable monero and use only the official wallet.


Title: Re: Monero wallets
Post by: zafaryaqoob on April 02, 2018, 03:21:16 PM
You can use exodus wallet to store Your Monero currency.


Title: Re: Monero wallets
Post by: leow on April 04, 2018, 10:03:20 AM
Yes, indeed monero need to store only on official wallet. This is the most reliable way. Here is a link to download wallet https://getmonero.org/downloads/#mac
For everyone who owns a hardware wallet ledger nano's, will soon be able to keep Monero at this wallet in the coming months an update is released.


Title: Re: Monero wallets
Post by: Henri Cartier on November 19, 2018, 01:19:07 PM
Monero is a special kind of digital cryptocurrency system, which uses cryptography to ensure that all the transactions remain untraceable. It is one of the top 10 cryptocurrencies with the highest trading volume according to the coinmarketcap.

Before creating a wallet, compare & choose the best Monero wallet with the latest review on Monero wallets. You can check the latest monero wallets comparison (https://coinswitch.co/news/best-monero-wallets-2018) in 2018 from here.


Title: Re: Monero wallets
Post by: mastersay on November 20, 2018, 02:48:30 AM
Paper wallet is still the safest way where monero coins need to be stored. Do not try to put it on a wallet that is connected on the internet. It may be hard to hack that, but do not take chances.


Title: Re: Monero wallets
Post by: Stella_btc on March 01, 2019, 04:24:14 PM
Monero is a special kind of digital cryptocurrency system, which uses cryptography to ensure that all the transactions remain untraceable. It is one of the top 10 cryptocurrencies with the highest trading volume according to the coinmarketcap.

Before creating a wallet, compare & choose the best Monero wallet with the latest review on Monero wallets. You can check the latest monero wallets comparison in 2019 (https://coinswitch.co/news/best-monero-wallets-2019)from here.


Title: Re: Monero wallets
Post by: Stanlo on March 01, 2019, 06:56:20 PM
Pc wallets are very dangerous and I have sad stories about them ,recently coinomi wallet added monero already and I've been using the wallet on my smartphone with no problem so far ,I won't advice you to get the windows wallet though just choose any mobile wallet and you are good to go


Title: Re: Monero wallets
Post by: natka on March 01, 2019, 07:47:15 PM
Pc wallets are very dangerous and I have sad stories about them ,recently coinomi wallet added monero already and I've been using the wallet on my smartphone with no problem so far ,I won't advice you to get the windows wallet though just choose any mobile wallet and you are good to go
Maybe I'm wrong, but most cases are mobile wallets are more secure than wallets on a personal computer. The fact is that fraudsters use more hacking computers, not smartphones.


Title: Re: Monero wallets
Post by: Joran_crypto on March 26, 2019, 10:32:53 AM
The best part about Monero is that it is fungible and you have complete control over your currency and transactions. Monero has no pre-set size limit like Bitcoin has, that means malicious miners can clog up the system with disproportionately huge blocks.Compare & Choose the best Monero wallet. (https://coinswitch.co/news/best-monero-wallets-2019)Monero is gaining worldwide acceptance. Towards the end of 2019, Ledger Nano wallet started supporting Mnero, which made it even more wanted by most of the crypto traders across the world. Now, Monero is working on updating its technology like GUI with subaddresses, multi-signature, etc.


Title: Re: Monero wallets
Post by: dejuan on October 22, 2019, 04:39:13 AM
user friendly monero wallet (https://exodus.io/monero-wallet/)

maximum security is official wallet from getmonero (https://www.getmonero.org/downloads/). then you don't leak your IP to a remote node. but i think this is unncessary unless you are making darknet transactions

also, you have to download 70+ gigabyte monero blockchain with official getmonero wallet

for mobile i think there are a few but havent tried


Title: Re: Monero wallets
Post by: glendall on October 22, 2019, 01:24:10 PM
Try to use Trezor or Ledger Nano, I'm sure one of the two wallets supports Monero, I've never used it, but I've seen my friend use it and it's very safe in my opinion, especially safe from hacker attacks.


Title: Re: Monero wallets
Post by: dejuan on October 25, 2019, 07:24:18 PM
Try to use Trezor or Ledger Nano, I'm sure one of the two wallets supports Monero, I've never used it, but I've seen my friend use it and it's very safe in my opinion, especially safe from hacker attacks.

Good point, I just saw both support Monero now

Probably the best bet if you're hodling. Trading maybe something faster to access