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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: monero-extended on August 02, 2014, 12:15:40 AM



Title: [XMR] Monero Community FAQ
Post by: monero-extended on August 02, 2014, 12:15:40 AM
This thread is to host a community-built FAQ for Monero [XMR].

Post questions and answers in new replies and we'll edit them into the FAQ.

Controversial changes will be held back in a separate controversial section until there is reasonable consensus.


Resources
CryptoNote whitepaper (https://cryptonote.org/whitepaper.pdf) CryptoNote whitepaper (annotated) (http://monero.cc/downloads/whitepaper_annotated.pdf) CryptoNote whitepaper review (http://monero.cc/downloads/whitepaper_review.pdf)
CryptoNote offical site (https://cryptonote.org/) Monero official site (http://monero.cc/)
Monero ANN-thread (https://bitcointalk.org/index.php?topic=583449.0)
Monero Twitter (https://twitter.com/monerocurrency) Monero Facebook (https://www.facebook.com/monerocurrency) Monero Google+ (https://plus.google.com/101861896996947433029/posts)


Monero FAQ (collaborative draft)

Official software, wallets, etc.
Where is the official Monero thread? (https://bitcointalk.org/index.php?topic=721045.msg8144444#msg8144444)

Installing Monero
What are the minimum requirements for a computer to run the wallet? (https://bitcointalk.org/index.php?topic=721045.msg8144496#msg8144496)
How do I use Monero with 32-bit Windows? (https://bitcointalk.org/index.php?topic=721045.msg8144570#msg8144570)
What are the best installation instructions to use, where do I get more information, etc.? (https://bitcointalk.org/index.php?topic=721045.msg8144626#msg8144626)
Why is Monero not user friendly like most other cryptocurrencies? Why is there no official GUI wallet? (https://bitcointalk.org/index.php?topic=721045.msg8144706#msg8144706)
Where is the GUI wallet ? (https://bitcointalk.org/index.php?topic=721045.msg8144726#msg8144726)
Do I have to run a full node to keep a personal/offline wallet? (https://bitcointalk.org/index.php?topic=721045.msg8144871#msg8144871)

Using Monero
Can I have multiple Monero addresses in my local node? (https://bitcointalk.org/index.php?topic=721045.msg8148491#msg8148491)
How do I use the view key? (https://bitcointalk.org/index.php?topic=721045.msg8148504#msg8148504)
How do I generate a new wallet address for a transaction, like in Bitcoin? (https://bitcointalk.org/index.php?topic=721045.msg8148522#msg8148522)
How long does it take to send a transaction? (https://bitcointalk.org/index.php?topic=721045.msg8148526#msg8148526)
I've heard that mixins can be unmasked if outputs are spent with mixin=0. Is this true? (https://bitcointalk.org/index.php?topic=721045.msg8148573#msg8148573)
Why are some of my coins locked? Why does it takes so long to unlock them? (https://bitcointalk.org/index.php?topic=721045.msg8148906#msg8148906)
How do I check my simplewallet log file? (https://bitcointalk.org/index.php?topic=721045.msg9761280#msg9761280)
What is openalias? How does it work? (https://bitcointalk.org/index.php?topic=721045.msg9762785#msg9762785)
Is there a webwallet for Monero? What is MyMonero? (https://bitcointalk.org/index.php?topic=721045.msg9766554#msg9766554)
How to use a remote node? (https://bitcointalk.org/index.php?topic=721045.msg9964408#msg9964408)

Protecting my moneroj
How do I set up a paper wallet/cold storage? (https://bitcointalk.org/index.php?topic=721045.msg8584324#msg8584324)
How to backup my wallet? (https://bitcointalk.org/index.php?topic=721045.msg8588771#msg8588771)
I can't access my wallet! Help! (https://bitcointalk.org/index.php?topic=721045.msg8148510#msg8148510)
How do I change my wallet password/name? (https://bitcointalk.org/index.php?topic=721045.msg8148516#msg8148516)
Can someone peer into my account without my consent? (https://bitcointalk.org/index.php?topic=721045.msg8148948#msg8148948)
Isn't the mnemonic seed and the inability to change the words security holes? (https://bitcointalk.org/index.php?topic=721045.msg9812760#msg9812760)
Any strategy for protecting my moneroj? (https://bitcointalk.org/index.php?topic=721045.msg9934389#msg9934389)

Troubleshooting
When trying to send coins I get an error stating that transaction is too large. (https://bitcointalk.org/index.php?topic=721045.msg8144674#msg8144674)
I can't send XMR because simplewallet or bitmonerod reports something like 'failed to send..." How do I solve this? (https://bitcointalk.org/index.php?topic=721045.msg8148544#msg8148544)
I have a "what=invalid signature", "Failed to init config" or "Failed to initialize p2p server" error (https://bitcointalk.org/index.php?topic=721045.msg8567667#msg8567667)
Monero blockchain uses too much RAM, is filling up my hard drive, etc. / What's up with all the bloat? (https://bitcointalk.org/index.php?topic=721045.msg8148501#msg8148501)

Development team
Who are the official core team members? (https://bitcointalk.org/index.php?topic=721045.msg8148578#msg8148578)
Monero dev team seems to be too sluggish, does not? (https://bitcointalk.org/index.php?topic=721045.msg8148583#msg8148583)
How can I help/donate/contribute? (https://bitcointalk.org/index.php?topic=721045.msg8149755#msg8149755)
What is MEW? (https://bitcointalk.org/index.php?topic=721045.msg9010346#msg9010346)
Are the devs paid? (https://bitcointalk.org/index.php?topic=721045.msg9761531#msg9761531)

Exchanges
What on earth are these 'PaymentIDs' I keep hearing about? (https://bitcointalk.org/index.php?topic=721045.msg8148586#msg8148586)
I have send to an exchange without using the payment id? What do I do now? (https://bitcointalk.org/index.php?topic=721045.msg8148594#msg8148594)

Price speculation
Dedicated thread: Monero speculation (https://bitcointalk.org/index.php?topic=753252)
Why is the price going up? (https://bitcointalk.org/index.php?topic=721045.msg8148597#msg8148597)
Why is the price going down? (https://bitcointalk.org/index.php?topic=721045.msg8148615#msg8148615)
Will the price go back up? (https://bitcointalk.org/index.php?topic=721045.msg8148619#msg8148619)

Mining/Pools
Can I mine directly to my exchange address, or do I need to setup a local wallet? (https://bitcointalk.org/index.php?topic=721045.msg8148621#msg8148621)
Anything to do with pools ; Connectivity, payouts etc. (https://bitcointalk.org/index.php?topic=721045.msg8148624#msg8148624)
I'm mining with 'x' hashes/second. How much can I mine per day? (https://bitcointalk.org/index.php?topic=721045.msg8148684#msg8148684)

Others
Was Monero pre-mined? (https://bitcointalk.org/index.php?topic=721045.msg8150095#msg8150095)
Is Monero illegal? (https://bitcointalk.org/index.php?topic=721045.msg8150199#msg8150199)
Can the cryptography behind Monero be broken? (https://bitcointalk.org/index.php?topic=721045.msg8149938#msg8149938)
Can we get some charts, stats and indicators? Emission curve, hashrate, difficulty, coins in circulation... (https://bitcointalk.org/index.php?topic=721045.msg8150127#msg8150127)
Why the developers made integration with i2p? Isn't it damn slow? (https://bitcointalk.org/index.php?topic=721045.msg8150177#msg8150177)
I don't understand the RPC API, where can I get more information about it? (https://bitcointalk.org/index.php?topic=721045.msg8150195#msg8150195)
Is Monero double-spent proof? (https://bitcointalk.org/index.php?topic=721045.msg8154822#msg8154822)
Why Monero matters?/Prove me that Monero is not yet-another-shitcoin (https://bitcointalk.org/index.php?topic=721045.msg8477489#msg8477489)
What is the plural form of Monero? (https://bitcointalk.org/index.php?topic=721045.msg8477821#msg8477821)
How does "anonymity" work? (https://bitcointalk.org/index.php?topic=721045.msg8510254#msg8510254)
What are the differences between CryptoNight and CryptoNote? (https://bitcointalk.org/index.php?topic=721045.msg8546973#msg8546973)
Why is a private currency important? (https://bitcointalk.org/index.php?topic=721045.msg9761335#msg9761335)
How can Monero be both anonymous and transparent at the same time? (https://bitcointalk.org/index.php?topic=721045.msg9781917#msg9781917)
Do you plan to implement multisignature? (https://bitcointalk.org/index.php?topic=721045.msg9934301#msg9934301)

Glossary (terms, vocabulary, terminology...) (https://bitcointalk.org/index.php?topic=721045.msg8148698#msg8148698)


-updated by Quanttek


Title: Re: [XMR]Monero Community FAQ
Post by: vuduchyld on August 02, 2014, 12:28:03 AM
Thank you.

I think you might have your supplies and demands backwards regarding price speculation, but your point is well taken.

I almost wish the launch has been a little LESS fair if that would have sped up development, but good things come to those who wait.

Nice work!


Title: Where is the official Monero thread?
Post by: monero-extended on August 02, 2014, 12:30:18 AM
Moved to https://moneroeconomy.com/faq-page#t14n13


Title: What are the minimum requirements for a computer to run the wallet?
Post by: monero-extended on August 02, 2014, 12:36:22 AM
Moved to https://moneroeconomy.com/faq-page#t5n14


Title: Re: [XMR]Monero Community FAQ
Post by: bitwho on August 02, 2014, 12:43:05 AM
oh look.. an other pointless thread.



keep spamming yo


Title: How do I use Monero with 32-bit Windows?
Post by: monero-extended on August 02, 2014, 12:46:03 AM
Moved to https://moneroeconomy.com/faq-page#t5n15


Title: Re: [XMR]Monero Community FAQ
Post by: smooth on August 02, 2014, 12:51:30 AM
oh look.. an other pointless thread.



keep spamming yo

It's a replacement for the existing FAQ thread that will be locked.


Title: What are the best installation instructions to use...
Post by: monero-extended on August 02, 2014, 12:52:50 AM
Moved to https://moneroeconomy.com/faq-page#t5n16


Title: When trying to send coins I get an error stating that transaction is too large.
Post by: monero-extended on August 02, 2014, 12:57:57 AM
Moved to https://moneroeconomy.com/faq-page#t8n37


Title: Why is Monero not user friendly like most other cryptocurrencies?...
Post by: monero-extended on August 02, 2014, 01:00:57 AM
Moved to https://moneroeconomy.com/faq-page#t5n17


Title: Where is the GUI wallet ?
Post by: monero-extended on August 02, 2014, 01:04:00 AM
Moved to https://moneroeconomy.com/faq-page#t5n18


Title: Do I have to run a full node to keep a personal/offline wallet?
Post by: monero-extended on August 02, 2014, 01:23:27 AM
Moved to https://moneroeconomy.com/faq-page#t5n19


Title: Re: [XMR] Monero Community FAQ
Post by: ArticMine on August 02, 2014, 06:49:10 AM
There is a -> Monero Community Hall of Fame <- thread to raise funds for Monero development here: https://bitcointalk.org/index.php?topic=700400.0 (https://bitcointalk.org/index.php?topic=700400.0) which is a continuation of the original thread. https://bitcointalk.org/index.php?topic=697438.0;all (https://bitcointalk.org/index.php?topic=697438.0;all). Many thanks to rpietila for his work starting the original thread and to cAPSLOCK for his work in maintaining the new thread.


Title: Can I have multiple Monero addresses in my local node?
Post by: monero-extended on August 02, 2014, 09:28:23 AM
Moved to https://moneroeconomy.com/faq-page#t6n20


Title: Monero blockchain uses too much RAM, is filling up my hard drive...
Post by: monero-extended on August 02, 2014, 09:29:17 AM
Moved to https://moneroeconomy.com/faq-page#t8n39


Title: How do I use the view key?
Post by: monero-extended on August 02, 2014, 09:29:40 AM
Moved to https://moneroeconomy.com/faq-page#t6n21


Title: I can't access my wallet! Help!
Post by: monero-extended on August 02, 2014, 09:30:13 AM
Moved to https://moneroeconomy.com/faq-page#t7n32


Title: How do I change my wallet password/name?
Post by: monero-extended on August 02, 2014, 09:30:33 AM
Moved to https://moneroeconomy.com/faq-page#t7n33


Title: How do I generate a new wallet address for a transaction, like in Bitcoin?
Post by: monero-extended on August 02, 2014, 09:30:59 AM
Moved to https://moneroeconomy.com/faq-page#t6n22


Title: How long does it take to send a transaction?
Post by: monero-extended on August 02, 2014, 09:31:18 AM
Moved to https://moneroeconomy.com/faq-page#t6n23


Title: I can't send XMR because simplewallet or bitmonerod reports something like...
Post by: monero-extended on August 02, 2014, 09:32:44 AM
See https://getmonero.org/knowledge-base/people


Title: I've heard that mixins can be unmasked if outputs are spent with mixin=0...
Post by: monero-extended on August 02, 2014, 09:35:31 AM
Moved to https://moneroeconomy.com/faq-page#t6n24


Title: Who are the official core team members?
Post by: monero-extended on August 02, 2014, 09:36:00 AM
Moved to https://moneroeconomy.com/faq-page#t9n40


Title: Monero dev team seems to be too sluggish, does not?
Post by: monero-extended on August 02, 2014, 09:36:24 AM
Moved to https://moneroeconomy.com/faq-page#t9n41


Title: What on earth are these 'PaymentIDs' I keep hearing about?
Post by: monero-extended on August 02, 2014, 09:36:43 AM
Moved to https://moneroeconomy.com/faq-page#t10n45


Title: I have send to an exchange without using the payment id? What do I do now?
Post by: monero-extended on August 02, 2014, 09:37:22 AM
Moved to https://moneroeconomy.com/faq-page#t10n47


Title: Why is the price going up?
Post by: monero-extended on August 02, 2014, 09:37:40 AM
Moved to https://moneroeconomy.com/faq-page#t11n48


Title: Why is the price going down?
Post by: monero-extended on August 02, 2014, 09:39:06 AM
Moved to https://moneroeconomy.com/faq-page#t11n48


Title: Will the price go back up?
Post by: monero-extended on August 02, 2014, 09:39:25 AM
Moved to https://moneroeconomy.com/faq-page#t11n49


Title: Can I mine directly to my exchange address, or do I need to setup a local...
Post by: monero-extended on August 02, 2014, 09:39:48 AM
Moved to https://moneroeconomy.com/faq-page#t12n50


Title: Anything to do with pools; connectivity, payouts etc.
Post by: monero-extended on August 02, 2014, 09:40:07 AM
Moved to https://moneroeconomy.com/faq-page#t12n51


Title: I'm mining with 'x' hashes/second. How much can I mine per day?
Post by: monero-extended on August 02, 2014, 09:46:39 AM
Moved to https://moneroeconomy.com/faq-page#t12n52


Title: Glossary
Post by: monero-extended on August 02, 2014, 09:48:19 AM
Glossary
  • Cryptonote - The protocol which Monero is built on.
  • Cryptonight - The mining algorithm which Monero uses. CPU/GPU friendly algorithm.
  • Key image - encoded version of a private key that does not reveal the private key, but reveals if the private key is used to attempt double spending
  • Mix in count - Number of outputs you would like to mix your transaction with
  • One time key (address?) - Monero public addresses are not the addresses to which coins are actually sent, instead they are used to create a unique address for each transaction.
  • Payment ID - Code which distinguishes your payment for people who use single addresses (usually exchanges)


Title: Why are some of my coins locked? Why does it takes so long to unlock them?
Post by: monero-extended on August 02, 2014, 10:10:28 AM
Moved to https://moneroeconomy.com/faq-page#t6n29


Title: Can someone peer into my account without my consent?
Post by: monero-extended on August 02, 2014, 10:15:23 AM
Moved to https://moneroeconomy.com/faq-page#t7n34


Title: How can I help/donate/contribute?
Post by: monero-extended on August 02, 2014, 11:36:05 AM
Moved to https://moneroeconomy.com/faq-page#t9n43


Title: Can the cryptography behind Monero be broken?
Post by: monero-extended on August 02, 2014, 11:57:05 AM
Moved to https://moneroeconomy.com/faq-page#t13n56


Title: Was Monero pre-mined?
Post by: monero-extended on August 02, 2014, 12:15:10 PM
Moved to https://moneroeconomy.com/faq-page#t13n54


Title: Can we get some charts, stats and indicators? Emission curve, hashrate...
Post by: monero-extended on August 02, 2014, 12:17:54 PM
Moved to https://moneroeconomy.com/faq-page#t13n57


Title: Why the developers made integration with i2p? Isn't it damn slow?
Post by: monero-extended on August 02, 2014, 12:21:59 PM
Moved to https://moneroeconomy.com/faq-page#t13n58


Title: I don't understand the RPC API, where can I get more information about it?
Post by: monero-extended on August 02, 2014, 12:24:31 PM
Moved to https://moneroeconomy.com/faq-page#t13n59


Title: Is Monero illegal?
Post by: monero-extended on August 02, 2014, 12:24:48 PM
Moved to https://moneroeconomy.com/faq-page#t13n55


Title: (obsolete) Why Monero matters?
Post by: monero-extended on August 02, 2014, 12:25:16 PM
(obsolete)
Q: Why Monero matters?
A: Read Prove me that Monero is not yet-another-shitcoin (https://bitcointalk.org/index.php?topic=721045.msg8477489#msg8477489)


Title: Re: [XMR] Monero Community FAQ
Post by: JohnyMonero on August 02, 2014, 02:56:55 PM
Soon Monero will conquer the world! And this FAQ will lead us to the Moon!


Title: Is Monero double-spent proof?
Post by: monero-extended on August 02, 2014, 06:24:37 PM
Moved to https://moneroeconomy.com/faq-page#t13n60


Title: Re: [XMR] Monero Community FAQ
Post by: adhitthana on August 07, 2014, 09:11:21 AM
Hi :) I have question, if someone would be kind enough to answer :)

Is it possible to have totally open transactions with XMR (as open as BTC)....or do all transactions necessarily get obscured by ring-sig?


Title: Re: [XMR] Monero Community FAQ
Post by: kbm on August 07, 2014, 09:22:57 AM
Hi :) I have question, if someone would be kind enough to answer :)

Is it possible to have totally open transactions with XMR (as open as BTC)....or do all transactions necessarily get obscured by ring-sig?

This was answered in this FAQ here: https://bitcointalk.org/index.php?topic=721045.msg8148948#msg8148948

It might have not been clear. This isn't something that's even similar to you comparing your transaction records with someone. This method involves using data that is constant in your wallet, the view-key, that you can use to reveal, with absolute proof, that your transaction occurred on the blockchain. With this, yes, totally open transactions are possible. They can be as open as BTC, if everyone were to share every single view-key that they use with every wallet they use and make them accessible to everyone. I don't know why people would do that though.

Again, as of this moment, there is no automatic tooling in the wallet to do the reveal. Devs are adding it in an upcoming release.


Title: Re: [XMR] Monero Community FAQ
Post by: smooth on August 07, 2014, 11:23:39 AM
Hi :) I have question, if someone would be kind enough to answer :)

Is it possible to have totally open transactions with XMR (as open as BTC)....or do all transactions necessarily get obscured by ring-sig?

This was answered in this FAQ here: https://bitcointalk.org/index.php?topic=721045.msg8148948#msg8148948

It might have not been clear. This isn't something that's even similar to you comparing your transaction records with someone. This method involves using data that is constant in your wallet, the view-key, that you can use to reveal, with absolute proof, that your transaction occurred on the blockchain. With this, yes, totally open transactions are possible. They can be as open as BTC, if everyone were to share every single view-key that they use with every wallet they use and make them accessible to everyone. I don't know why people would do that though.
Well I was reading about black and white bitcoins today, and the possibility that regulators may try to identify addresses. Now if that were to happen, it may happen in some places but not others. It may happen for a while and then be abandoned. We don't know. But, in some places it may be useful to be a coin that is not necessarily "private", but has the option for more a more open ledger.

This is an interesting discussion, but not really fitting with a FAQ format at this point, right?


Title: Re: [XMR] Monero Community FAQ
Post by: kbm on August 07, 2014, 11:25:38 AM

Edit: smooth's right, I'll respond in the main thread here: https://bitcointalk.org/index.php?topic=583449.msg8229760#msg8229760


Title: Why Monero matters?/Prove me that Monero is not yet-another-shitcoin
Post by: monero-extended on August 21, 2014, 11:59:58 PM
Moved to https://moneroeconomy.com/faq-page#t13n61


Title: Re: [XMR] Monero Community FAQ
Post by: ArticMine on August 22, 2014, 12:00:46 AM
  • Adaptive limits. No artificial 1MB blocksize limit
  • Fast 60 second block confirmations


Title: Re: [XMR] Monero Community FAQ
Post by: J1mb0 on August 22, 2014, 12:02:17 AM
Q: Prove me that Monero is not yet-another-shitcoin

It's a fork of BYTECOIN so it must have some redeeming attributes? Surely?  :D


Title: What is the plural of Monero?
Post by: monero-extended on August 22, 2014, 12:39:52 AM
Q: What is the plural of Monero?
A: Since Monero is an Esperanto word, it should be "Moneroj" (as in viceroy). But a lot of people use "Moneros".


Title: Re: [XMR] Monero Community FAQ
Post by: Lauda on August 22, 2014, 11:08:43 AM
Q: Prove me that Monero is not yet-another-shitcoin
It's a fork of BYTECOIN so it must have some redeeming attributes? Surely?
Litecoin is a fork as well, it's not like anyone even cares that it is.
Your argument is invalid and you know it. It's open source for a reason and anyone has right to fork as many times as one wanted to.


Title: Re: [XMR] Monero Community FAQ
Post by: smooth on August 22, 2014, 03:02:21 PM
Q: Prove me that Monero is not yet-another-shitcoin
It's a fork of BYTECOIN so it must have some redeeming attributes? Surely?
Litecoin is a fork as well, it's not like anyone even cares that it is.
Your argument is invalid and you know it. It's open source for a reason and anyone has right to fork as many times as one wanted to.

Lack of an 80% hidden premine and not being run by a coin mill that operates by fraud and scams is a "redeeming attribute."

But I could be wrong, maybe an open and wide early distribution, transparency, and integrity are overrated.



Title: How does "anonymity" work?
Post by: monero-extended on August 24, 2014, 10:21:07 AM
Moved to https://moneroeconomy.com/faq-page#t13n63


Title: What are the differences between CryptoNight and CryptoNote?
Post by: monero-extended on August 26, 2014, 09:54:49 PM
Moved to https://moneroeconomy.com/faq-page#t13n64


Title: I have a "what=invalid signature", "Failed to init config" or...
Post by: monero-extended on August 28, 2014, 09:51:48 AM
Moved to https://moneroeconomy.com/faq-page#t8n38


Title: Re: [XMR] Monero Community FAQ
Post by: shitaifan2013 on August 29, 2014, 11:57:51 AM
maybe we should add "how to create a paper wallet" from the 10th june missives (https://bitcointalk.org/index.php?topic=583449.msg7241339#msg7241339) as part of the faq.

Q: How do I set up a paper wallet/cold storage?
A: create a wallet on a computer disconnected from the Internet, write the 24 words and the address and the view key down, and then remove all the files created by the wallet.


Title: Re: [XMR] Monero Community FAQ
Post by: pa on August 29, 2014, 12:13:24 PM
If the Bytecoin/CryptoNote devs were scammers, how can we trust that the elliptic curve constants in Monero were not chosen maliciously?


Title: Re: [XMR] Monero Community FAQ
Post by: pa on August 29, 2014, 12:24:22 PM
If I reveal my identity and my Monero address to a merchant or exchange, what can they figure out about my financial activity?


Title: Re: [XMR] Monero Community FAQ
Post by: pa on August 29, 2014, 12:26:39 PM
Should a Monero address be published (as on a webpage or in a sig) or should it be shared only with payees?


Title: How do I set up a paper wallet/cold storage?
Post by: monero-extended on August 29, 2014, 01:41:45 PM
Moved to https://moneroeconomy.com/faq-page#t7n28


Title: Re: [XMR] Monero Community FAQ
Post by: monero-extended on August 29, 2014, 01:47:20 PM
If I reveal my identity and my Monero address to a merchant or exchange, what can they figure out about my financial activity?
They can't (unless if they can access other merchants' database and start cross-referencing things).

Should a Monero address be published (as on a webpage or in a sig) or should it be shared only with payees?
Can be published. Of course, an address being a character string, googling for this address could give some interesting result. But this is not a technical issue, this is a human issue.


Title: Re: [XMR] Monero Community FAQ
Post by: SwingBTC on August 29, 2014, 01:55:47 PM
When will Monero reach DRK prices? its about time.


Title: Re: [XMR] Monero Community FAQ
Post by: monero-extended on August 29, 2014, 02:10:47 PM
When will Monero reach DRK prices? its about time.
It already did (https://plus.google.com/+DavidLatapie/posts/QKYx7iixDfh) and if you look at DRK/XMR (https://poloniex.com/exchange/xmr_drk), it is doing it again.

But this is unrelated to the FAQ, even we have some (https://bitcointalk.org/index.php?topic=721045.msg8148597#msg8148597) FAQ (https://bitcointalk.org/index.php?topic=721045.msg8148615#msg8148615) entries (https://bitcointalk.org/index.php?topic=721045.msg8148619#msg8148619) related to pricing.


Title: Re: [XMR] Monero Community FAQ
Post by: georgehosterguy on August 29, 2014, 02:11:18 PM
When will Monero reach DRK prices? its about time.

Price means nothing.  Market cap is important though  ::)

IMO before the end of next month the two will cross.  The only real competition at this point is BTCD


Title: Re: [XMR] Monero Community FAQ
Post by: monero-extended on August 29, 2014, 02:13:26 PM
When will Monero reach DRK prices? its about time.

Price means nothing.  Market cap is important though  ::)

IMO before the end of next month the two will cross.  The only real competition at this point is BTCD
Discussion about price should go to monero speculation (https://bitcointalk.org/index.php?topic=753252).


Title: How to backup my wallet?
Post by: monero-extended on August 29, 2014, 07:45:16 PM
Moved to https://moneroeconomy.com/faq-page#t7n31


Title: Re: [XMR] Monero Community FAQ
Post by: rikkejohn on August 29, 2014, 09:36:38 PM
Q. Why do people make so many threads about Monero?


Title: Re: [XMR] Monero Community FAQ
Post by: rikkejohn on August 29, 2014, 09:39:15 PM
Q. Why is there so much volume for Monero on a small exchange like Poloniex and why does it not really affect the price significantly?


Title: Re: [XMR] Monero Community FAQ
Post by: owlcatz on August 30, 2014, 12:22:32 AM
If the Bytecoin/CryptoNote devs were scammers, how can we trust that the elliptic curve constants in Monero were not chosen maliciously?

see my post in the main thread - i've specifically asked the devs what / how they think of this and their mathematician's view etc. thanks for reminding me about that. :)


Title: Re: [XMR] Monero Community FAQ
Post by: owlcatz on August 30, 2014, 12:26:39 AM
Q. Why is there so much volume for Monero on a small exchange like Poloniex and why does it not really affect the price significantly?

1. Poloniex dumped LTC for XMR pairing a few weeks ago, so i suspect that is why the volume is so high.
2. Because, the price is based on the difficulty of mining it as well as supply/demand, and other market factors beyond anyone's control ie miners dumping and whales etc.



Title: Re: [XMR] Monero Community FAQ
Post by: David Latapie on August 30, 2014, 01:19:52 PM
You could choose your own name right? Mine is called wallet.dat and wallet.dat.keys
No problem at all. The donation wallet is donation_general_wallet.bin and even the .bin is optional - it could be monero.wallet or even wallet or important. As long as there is a .keys file attached to it.

If the Bytecoin/CryptoNote devs were scammers, how can we trust that the elliptic curve constants in Monero were not chosen maliciously?
see my post in the main thread - i've specifically asked the devs what / how they think of this and their mathematician's view etc. thanks for reminding me about that. :)
http://monero.cc/downloads/whitepaper_review.pdf: "After reading through the entire white paper, my biggest concern is whether the elliptic curve parameters were chosen fairly, or how an honest coin developer could go about changing them if they wanted."
It's not a new curve. The curve is Ed25519, invented by Dan Bernstein (http://en.wikipedia.org/wiki/Daniel_J._Bernstein), who's also the inventor of the popular Curve25519 (which is the ECDSA version). The rationale for it is given in page 7-8 here: http://ed25519.cr.yp.to/ed25519-20110926.pdf
Quote
Choice of curve.
Our recommended curve for EdDSA is a twisted Edwards curve birationally equivalent to the curve Curve25519 from. Any efficiently computable birational equivalence preserves ECDLP difficulty, so the well-known difficulty of computing ECDLP for Curve25519 immediately implies the difficulty of computing ECDLP for our curve. We use the name Ed25519 for EdDSA with this particular choice of curve.


Title: Re: [XMR] Monero Community FAQ
Post by: pa on August 31, 2014, 02:47:50 AM
Will Bitcoin mixing algorithms (for example, see https://bitcointalk.org/index.php?topic=752260.0) allow Bitcoin users equivalent privacy to Monero?


Title: Re: [XMR] Monero Community FAQ
Post by: David Latapie on August 31, 2014, 10:39:04 AM
Will Bitcoin mixing algorithms (for example, see https://bitcointalk.org/index.php?topic=752260.0) allow Bitcoin users equivalent privacy to Monero?

Answers from the core team:

[...] There are other privacy issues with bitcoin such as widespread address reuse. They are all likely fixable one way or another but frankly look at the pace and direction of bitcoin development and ask yourself how likely that is.

The problem with Bitcoin is not technological at heart, it is human.


Title: Re: [XMR] Monero Community FAQ
Post by: Majormax on September 10, 2014, 10:12:41 AM
What are the plans for a new GUI ?  Is it something that will be better delayed until the codebase technicals are more established ?


Title: Re: [XMR] Monero Community FAQ
Post by: Spoetnik on September 11, 2014, 02:26:27 AM
how about putting in the FAQ why there i so many "self moderated" Monero topics at Bitcointalk ?


Title: Re: [XMR] Monero Community FAQ
Post by: smooth on September 11, 2014, 02:37:52 AM
Q: Why are there so many "self moderated" Monero topics at Bitcointalk ?

A: Because fucktards like Spoetnik like to spam


Title: Re: [XMR] Monero Community FAQ
Post by: TrueCryptonaire on September 11, 2014, 08:11:38 AM
Q: Is Monero going to the moon this year or should we waite until next year?


Title: Re: [XMR] Monero Community FAQ
Post by: Majormax on September 11, 2014, 10:14:32 AM
Q: Is Monero going to the moon this year or should we waite until next year?

Definitely wait until next year. Price needs to consolidate at a lower level : it will help distribution to more people.


Title: What is MEW?
Post by: monero-extended on September 29, 2014, 12:27:07 AM
Moved to https://moneroeconomy.com/faq-page#t9n44


Title: Re: [XMR] Monero Community FAQ
Post by: dewdeded on November 24, 2014, 02:01:18 AM
Bumped and subbed.


Title: Re: [XMR] Monero Community FAQ
Post by: liteon on November 28, 2014, 06:18:09 PM
Very nice explanations.


Title: Re: [XMR] Monero Community FAQ
Post by: Eugen123 on November 28, 2014, 06:44:43 PM
Why is an anonymous currency important?
I've heard that side-chains make altcoins redundant?


Title: Re: [XMR] Monero Community FAQ
Post by: Febo on November 29, 2014, 12:56:11 AM
Why is an anonymous currency important?
I've heard that side-chains make altcoins redundant?

It is up to any user to decide if anonymous currency will be off any use to him or not.  Monero holders now speculate that there will be small part of crypocoin users that will prefer their wealth and their transactions to stay anonymous. I see that as a fact, speculation is how big will this niche be.

None alt coin that bringing something new will ever be redundant.


Title: Re: [XMR] Monero Community FAQ
Post by: Eugen123 on December 01, 2014, 09:18:03 AM
Why is an anonymous currency important?
I've heard that side-chains make altcoins redundant?

It is up to any user to decide if anonymous currency will be off any use to him or not.  Monero holders now speculate that there will be small part of crypocoin users that will prefer their wealth and their transactions to stay anonymous. I see that as a fact, speculation is how big will this niche be.


Potential users come to the FAQ to decide if anonymous currency will be of any use to her or others:

Bitcoin is a pseudonymous currency, where all transactions are public.  If someone knows your Bitcoin address, they can learn your past transactions.  Thus, Bitcoin is far less private than fiat, and unsatisfactory in many circumstances: anyone can potentially learn your past purchases or your Bitcoin wealth.  While there are approaches to increase privacy with Bitcoin, these have limitations.  Monero provides untraceable payments from the ground up, through the CryptoNote technology.

None alt coin that bringing something new will ever be redundant.

This is not true.  Many coins offering "something new" fail.  There are plans to implement Ring Sigs on side chains.  The question is whether there is a true benefit in doing this (e.g. security), and whether the need to park BTC reduces anonymity substantially.

BTW, I'd suggest reordering the FAQ somewhat so more basic questions about the coin are at the top, rather than more technical installing/using questions.  Ressources has one "s".

Thanks


Title: Re: [XMR] Monero Community FAQ
Post by: wachtwoord on December 02, 2014, 09:15:44 PM
Why is an anonymous currency important?
I've heard that side-chains make altcoins redundant?

That's why the price is currently so depressed.


Title: Re: [XMR] Monero Community FAQ
Post by: superresistant on December 03, 2014, 05:24:06 PM
I've heard that side-chains make altcoins redundant?

No.
Side-chains doesn't exist, it is a project and until the day it is proven to work, only a fool would make those kind of claims...



Title: Re: [XMR] Monero Community FAQ
Post by: pa on December 05, 2014, 02:50:59 AM
How do I examine the log of past transactions in simplewallet? (I am using OS X.)


Title: Re: [XMR] Monero Community FAQ
Post by: smooth on December 05, 2014, 02:51:53 AM
How do I examine the log of past transactions in simplewallet? (I am using OS X.)

A: In the file simplewallet.log


Title: Re: [XMR] Monero Community FAQ
Post by: pa on December 05, 2014, 03:29:00 AM
How do I examine the log of past transactions in simplewallet? (I am using OS X.)

A: In the file simplewallet.log

Is a simplewallet.log file created by default or must it be enabled? I'm not finding it in my filesystem. (I used Homebrew to compile from source.)


Title: Re: [XMR] Monero Community FAQ
Post by: smooth on December 05, 2014, 03:32:07 AM
How do I examine the log of past transactions in simplewallet? (I am using OS X.)

A: In the file simplewallet.log

Is a simplewallet.log file created by default or must it be enabled? I'm not finding it in my filesystem. (I used Homebrew to compile from source.)

By default, but I don''t know where it ends up on the mac


Title: Re: [XMR] Monero Community FAQ
Post by: smooth on December 05, 2014, 05:27:33 AM
simplewallet seems to want to put its log file in the same place as the executable. If you have stored the executable in a non-writable location, you won''t get a log file at all. Work around it to link or put the executable in a writable directory/folder.

https://github.com/monero-project/bitmonero/issues/194


Title: Re: [XMR] Monero Community FAQ
Post by: pa on December 05, 2014, 05:57:20 AM
simplewallet seems to want to put its log file in the same place as the executable. If you have stored the executable in a non-writable location, you won''t get a log file at all. Work around it to link or put the executable in a writable directory/folder.

https://github.com/monero-project/bitmonero/issues/194


Thanks for investigating--I really appreciate it.


Title: Re: [XMR] Monero Community FAQ
Post by: David Latapie on December 06, 2014, 09:26:31 PM
BTW, I'd suggest reordering the FAQ somewhat so more basic questions about the coin are at the top, rather than more technical installing/using questions.  Ressources has one "s".
Please provide your suggested listing. Thanks for "resources".


Title: How do I check my simplewallet log file?
Post by: monero-extended on December 06, 2014, 09:30:37 PM
Moved to https://moneroeconomy.com/faq-page#t6n25


Title: Re: [XMR] Monero Community FAQ
Post by: saddambitcoin on December 06, 2014, 09:33:02 PM
Q: How do I check my simplewallet log file?
A:
  • List of txid: In simplewallet, type incoming_transfers then enter, copy the output in a text file and use the search function of your editor
  • List of transaction for a specific payment ID: in simplewallet, type payments <payment_ID> then enter

Wow this is a good one that I didn't know of! Very helpful.


Title: Why is a private currency important?
Post by: monero-extended on December 06, 2014, 09:36:40 PM
Moved to https://moneroeconomy.com/faq-page#t13n65


Title: Are the devs paid?
Post by: monero-extended on December 06, 2014, 10:02:55 PM
Moved to https://moneroeconomy.com/faq-page#t9n42


Title: What is openalias? How does it work?
Post by: monero-extended on December 07, 2014, 01:19:02 AM
Moved to https://moneroeconomy.com/faq-page#t6n26


Title: Re: [XMR] Monero Community FAQ
Post by: pa on December 07, 2014, 01:33:28 AM
Q: What is openalias? How does it work?
A: openalias (http://openalias.org) is Monero's aliasing system. It is meant to make it simpler to send moneroj to an address, by applying a label (itself using DNS) to an address. Using DNS prevents landgrabing (of course, landgrabing DNS itself is still an issue).
For instance, if you want to send moneroj to support the development of Monero, you can either send to the dev fund address
Code:
46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em
or the much simpler to memorise alias:
Code:
donate.monero.cc
Of course, before sending to an alias, the said alias must have been created - see the openalias website for instructions.

Does openalias already work in simplewallet? Or is this alias system to be introduced in the upcoming GUI client?


Title: Re: [XMR] Monero Community FAQ
Post by: othe on December 07, 2014, 01:51:29 AM
openalias is working with simplewallet.


Title: Re: [XMR] Monero Community FAQ
Post by: pa on December 07, 2014, 02:25:59 AM
openalias is working with simplewallet.

I must have missed that Missive  ;)

How do I create an alias for my XMR address?


Title: Re: [XMR] Monero Community FAQ
Post by: smooth on December 07, 2014, 04:35:58 AM
openalias is working with simplewallet.

I must have missed that Missive  ;)

How do I create an alias for my XMR address?

It is done through DNS, so you add a record to your domain. If don't have a domain, get one through your favorite DNS registrar. Simplewallet will decode these so you can type "transmit 3 donate.monero.cc 100" and it will go to the project donation fund.

Example:

Code:
donate.monero.cc. 300 IN TXT "oa1:xmr recipient_address=46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em\; recipient_name=Monero Development\; tx_description=Donation to Monero Core Team\;"
donate.monero.cc. 300 IN TXT "oa1:btc recipient_address=1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb\; recipient_name=Monero Development\; tx_description=Donation to Monero Core Team\;"

More info (including information about privacy and security issues): https://openalias.org/


Title: Is there a webwallet for Monero? What is MyMonero?
Post by: monero-extended on December 07, 2014, 01:28:32 PM
Moved to https://moneroeconomy.com/faq-page#t6n27


Title: Re: [XMR] Monero Community FAQ
Post by: David Latapie on December 07, 2014, 01:34:07 PM
openalias is working with simplewallet.
I must have missed that Missive  ;)

How do I create an alias for my XMR address?
It was never mentionned in a missive that it worked with simplewallet :)
Regarding the favourite DNS registrar, I swear exclusively by Gandi.net (https://www.gandi.net/) and not (only) because they are French. Because the founders are longtime active proponents of a libre Internet and the new acquirer follows the same ideals. Plus their No Bullshit policy (https://www.gandi.net/no-bullshit) and it this is not enough, read this article about why Gandi matters (https://gun.io/blog/secure-your-domain-where-is-safe-to-register-a-domain-name/).


Title: Re: [XMR] Monero Community FAQ
Post by: saddambitcoin on December 07, 2014, 06:08:19 PM
What version of simplewallet implements openalias? I'm on 0.8.8.3 (just waiting for the next version to upgrade).

I tried sending to donate.monero.cc and i get an error:

Code:
[wallet 47Vmj6]: transfer 3 donate.monero.cc 1
Error: wrong address: donate.monero.cc


Title: Re: [XMR] Monero Community FAQ
Post by: smooth on December 07, 2014, 07:26:57 PM
What version of simplewallet implements openalias?

A: 0.8.8.5



Title: How can Monero be both anonymous and transparent at the same time?
Post by: monero-extended on December 09, 2014, 01:42:43 AM
Moved to https://moneroeconomy.com/faq-page#t13n66


Title: Isn't the mnemonic seed and the inability to change the words security holes?
Post by: monero-extended on December 12, 2014, 12:34:12 AM
Moved to https://moneroeconomy.com/faq-page#t7n35


Title: Is Monero ASIC-proof?
Post by: monero-extended on December 12, 2014, 01:10:22 AM
Moved to https://moneroeconomy.com/faq-page#t13n53


Title: Do you plan to implement multisignature?
Post by: monero-extended on December 24, 2014, 01:25:04 PM
Moved to https://moneroeconomy.com/faq-page#t13n67


Title: Any strategy for protecting my moneroj?
Post by: monero-extended on December 24, 2014, 01:34:33 PM
Moved to https://moneroeconomy.com/faq-page#t7n36


Title: How to use a remote node?
Post by: monero-extended on December 28, 2014, 11:41:09 AM
Moved to https://moneroeconomy.com/faq-page#t6n30


Title: Re: [XMR] Monero Community FAQ
Post by: netmonk on December 28, 2014, 12:19:40 PM
Q: How to use a remote node?
A: if you don't have the 6-8 Gb of RAM presently needed to comfortably use your computer whilst synchronising the blockchain with bitmonerod, you can use a remote node, like hegemoon's node. This means you don't have to run bitmonerod anymore (this does negatively affect decentralisation, but not much)
For Linux:
Code:
./simplewallet --wallet-file=wallet.bin --daemon-host 88.151.101.22 --daemon-port 5012
Change wallet.bin accordingly. The code above assumes your working directory (use pwd or ls to check) is the one where both your wallet and your simplewallet binary are located.
The daemon host and port are hegemoon's, but you can use another one.

Tip1
You can install then use rlwrap to cycle through commands on the Linux version (no need for this in the Windows version)
Code:
sudo apt-get rlwrap
Code:
rlwrap ./simplewallet --wallet-file=wallet.bin --daemon-host 88.151.101.22 --daemon-port 5012

Tip2
To be sure to always be on the right directory for launching simplewallet, just add a command to go to the right directory
Code:
cd /bitmonero/build/release/bin/ && ./simplewallet --wallet-file=wallet.bin --daemon-host 88.151.101.22 --daemon-port 5012

Tip3
You can combine both:
Code:
cd /bitmonero/build/release/bin/ && rlwrap ./simplewallet --wallet-file=wallet.bin --daemon-host 88.151.101.22 --daemon-port 5012

Im the admin of this server, so its better right now to use the fqdn name : xmr1.coolmining.club, instead of the IP 88.151.101.22 as far as i can switch ip if server has problem :)

and also
Code:
./simplewallet --daemon-address xmr1.coolmining.club:5012 --wallet-file ./test1.bin
as shorter command line argument :)




Title: Re: [XMR] Monero Community FAQ
Post by: monero-extended on December 28, 2014, 12:33:28 PM
and also
Code:
./simplewallet --daemon-address xmr1.coolmining.club:5012 --wallet-file ./test1.bin
as shorter command line argument :)
Updated; thanks. Do you confirm the quote below?
Quote
Change --wallet-file with the name of your wallet (extension included)
Also, what does ./test1.bin stands for?

You should create an openalias (https://bitcointalk.org/index.php?topic=721045.msg9762785#msg9762785) donate.coolmining.club :)


Title: Re: [XMR] Monero Community FAQ
Post by: netmonk on December 28, 2014, 02:53:20 PM
Also, what does ./test1.bin stands for?
You should create an openalias (https://bitcointalk.org/index.php?topic=721045.msg9762785#msg9762785) donate.coolmining.club :)

test1.bin is the name of my wallet, aka the name i provided when i create it. So user will replace it with his current wallet name.
And "./" stands for current directory im in.
This argument take a filename with his path, so i could use "--wallet-file /home/netmonk/bitmonero/wallet.bin" for exemple, meaning i use the wallet.bin wallet file located in the /home/netmonk/bitmonero/ subdirectory.



Title: Re: [XMR] Monero Community FAQ
Post by: David Latapie on January 02, 2015, 10:18:01 AM
Why is an anonymous currency important?
I've heard that side-chains make altcoins redundant?
First question: Why is a private currency important? (https://bitcointalk.org/index.php?topic=721045.msg9761335#msg9761335)
Second question: sidechains will make the price of an altcoin pegged to the price of bitcoin. Granted, this is already the case, but this is conjonctural (temporary). With sidechains, this will be structural (permanent).


Title: Re: [XMR] Monero Community FAQ
Post by: dewdeded on January 18, 2015, 10:22:29 PM
Subbed.


Title: Re: [XMR] Monero Community FAQ
Post by: TechorMarketing on August 12, 2016, 11:33:05 AM
A new Monero Q&A site (http://monero.stackexchange.com/) has just been created on Stack Exchange, already with several hundred questions


Blockchain, Aug. 9, 2016 / Monero joins Bitcoin and Ethereum as the 3rd blockchain based currency or consensus network on Stack Exchange. Stack Exchange is the largest network of websites for software developers and users to find, ask, and answer their technical questions. Stack Overflow alone serves tens of millions professional and novice programmers each month. The entire Stack Exchange Network has expanded to cover 150+ topics including Cryptography, Economics, Open Source and Project Management.

Monero is a crypto currency that is not based on the Bitcoin codebase and seeks to be the leader in privacy, security, and scalability. All Monero transactions are cryptographically untraceable and unlinkable, and there is no separate "clear" token. This enables end users to trust Monero as a private store of value and as a medium of exchange that is impervious to blockchain analysis or miner censorship.

Developers building privacy-aware or privacy-centric applications will benefit from Monero's private-by-default approach and will appreciate the small and simple metadata storage area (tx_extra) available in every transaction. Additionally, they will benefit from the standard and uncomplicated cryptography based on Daniel J. Bernstein's Curve25519 EC curve as well as EdDSA signatures.

Those building pegged off-chain or sidechain systems needn't worry about on-chain limitations, as Monero's dynamic block size algorithm grows and shrinks the block size limit based on the on-chain demand. Peg as much back to the Monero blockchain as you need!

Monero Stack Exchange (http://monero.stackexchange.com/) is a community-run question and answer site for developers and users of the secure, private and untraceable cryptocurrency Monero. Experts available to answer questions will include PhD mathematicians from Monero Research Lab (https://lab.getmonero.org/) and many of the developers who have directly contributed to the Monero source-code repository.

Learn more by joining the open beta of Monero Stack Exchange (http://monero.stackexchange.com/).


Title: Re: [XMR] Monero Community FAQ
Post by: Arrakeen on August 30, 2016, 02:19:25 AM
Quote
https://moneroeconomy.com/

Site is 404'd

Looking to mine, can you give some details/info/links (that aren't dead)?


Title: Re: [XMR] Monero Community FAQ
Post by: Febo on August 30, 2016, 09:07:55 AM
Quote
https://moneroeconomy.com/

Site is 404'd

Looking to mine, can you give some details/info/links (that aren't dead)?

https://getmonero.org/home

This is Monero website. You have there also links to IRC, slack, Telegram, where you can get fastest answers.  But since you are on this forum you could read and ask in this thread:
https://bitcointalk.org/index.php?topic=653467.0


Title: Re: [XMR] Monero Community FAQ
Post by: arefintaniz on December 14, 2017, 10:51:55 PM
How will decentralized exchanges impact coins like Monero?


Title: Re: [XMR] Monero Community FAQ
Post by: dear0807 on April 27, 2018, 07:08:49 PM
I have a problem:intermal erro:know ring does not include the spent output:5361565