For the ignorant the hex characters are the numbers 0 through 9 and the letters a through f. Is that correct? Are the letters case dependent?
Yes that is correct. I don't know if the letters are case dependent (they certainly aren't for hex in general just not sure about payment ids), but the common practice is to use lower case.
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How i can mine monero on linux/bamt with GPU?
Miners are listed in the first post of this thread.
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Can anyone explain me in simple english what the hell is BTCD?
It is altcoin. Not related to Bitcoin except using the name in an arguably deceptive way. That alone should probably tell you something.
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How do I generate a payment id when I donate?
You can just create a random one yourself - it's 64 hex characters:) I don't understand this. What exactly do I do with these 64 characters? You don't need a payment ID to donate, only to deposit to exchanges (and in the future, perhaps, other merchants). Just send the donation to the donation address. You can add a payment ID to any payment if you are using simple wallet by putting it after the amount. It must be 64 hex characters. Some exchanges and pools let you specify a payment ID for the payments the send you, which is convenient for sending those payments directly to an exchange, but otherwise not needed.
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Keep in mind that it is a beta version. It works with Nvidia and CUDA GPU on Windows only.
Does GPU mining on this coin give more hashes than CPU mining? I have a Intel Core-i7 CPU and AMD Radeon HD7950 GPU. Won't work with your GPU How much you get with NVIDIA? I might arrange for one if that gives good performance. Any benchmarks? I don't know about the minergate one. There is an open source nv miner here that I think gets about 250 H/s on a 750ti so theirs might be similar. https://github.com/tsiv/ccminer-cryptonight
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Keep in mind that it is a beta version. It works with Nvidia and CUDA GPU on Windows only.
Does GPU mining on this coin give more hashes than CPU mining? I have a Intel Core-i7 CPU and AMD Radeon HD7950 GPU. Won't work with your GPU
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if you want to have an article on coindesk you need to make them a bagholder. Everybody knows that.
Hey coindesk guys, get your XMR here: poloniex.com
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This is simply bitting yourself in your own foot because anyone with half a brain knows Monero and the dev team is legit and has a trusteable background in the crypto enviornment. I still think there is a considerable amount of Darkcoin bagholding up in this.
Monero is a fork of Bytecoin. The real praise should be directed towards the Bytecoin and CryptoNote devs. Monero is just the fair relaunch. Nxt has the same situation going on with its own clones (NAS, NEX, NXTL, NFD, etc.). Not saying that there isn't a need for Monero though because Bytecoin probably has one of the most terrible distributions of any altcoin in existence (much worse than Nxt). Most if not all substantive ongoing development is happening on Monero, since Bytecoin has blown itself up with the terrible distribution, shady promotion, insular attitude and numerous other problems. In terms of credit for technical underpinnings, that 100% belongs with cryptonote/bytecoin/whoever-actually-developed-it, but in terms of relevance to news reporting of what of substance is going on now, that is 99% Monero.
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some weakhands sell their coin for a such low price..lol
actually the price is not that low considering a total supply of 1.84 billion coins. I like this coin and its approach to shrink the blockchain size but the price is way too high for me to invest. But this amount of coins is spread over 10+ years. Actually the supply is better spread than Monero(XMR) for example. A parity to Monero will gives possible price around 20000 satoshis. IF parity with monero acceptance is reached Within reason, speed of mining doesn't really change the current fair value price directly. You have either higher inflation for a shorter period or lower inflation for a longer period). Pretty much cancels out, at least to a large extent. If you think the speed of mining is a feature of the coin (and I'm leaning toward thinking this) that argues for a higher price. If you think the mining is "too slow" in some harmful way that would actually argue for a lower price despite the relatively low inflation (over several years).
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How i can mine monero on linux/bamt with GPU?
If it is an AMD GPU you need the claymore miner which I think (not sure) is Windows only. If it is an NVIDIA GPU you can use the open source tsiv miner linked from post #1 ( https://bitcointalk.org/index.php?topic=583449.0)
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note that ring signatures are not essential to crypto-currency.
Of course not. Computers are essential though, and most of them are being turned into glorified iPhones. The rest are contraband. Game over.
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I already answered that up thread. The point is that they can force the tracing of the coins all the way back to where you obtained them. The anonymity of the coin is useless. It can't help you obscure the source of your funds. Even cash can't help you, because you always get your cash from someone else, thus you are responsible for accurate bookkeeping.
But I said there is a solution.
There is no solution, because whatever solution you think you've come up with (and I know of one as well, but I won't steal your thunder) is defeated by whitelist laws that require you to only receive coins (or other tradable goods) in a traceable manner, using an "approved" technology (grown up version of iTunes). Everything else can be simply banned, and you go to jail for even using it at all (assuming you can arrange for illegally modified hardware to run it).
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they demand you provide the identity of who paid you in a Cryptonote ring signature.
They can't demand what you don't know, and in general you don't know or have any way to know who paid you, either physical identity or coin source. Cripes man. From the beginning I have stipulated that my statement applies when there is a traceable asset traded, e.g. house, car, fiat. I wrote that cash is going away, and all fiat will be traceable (electronic). Exactly. The car dealer is engaging in a traceable transaction. He got your ID and can identify you to the authorities. It doesn't matter what you use to pay. Cash, gold, bitcoins, Moneros or "fully anonymous" pixie dust crypto coins, its all the same at that point. But once they get to you with a well implemented ring signature-based coin, the trail ends. There is no way for you deanonymize people who sent you coins. At best, they get some list of candidate outputs and can try to trace them back to some individual, but this too is likely to work far less well than it does for Bitcoin, perhaps even provably so (though we aren't quite there yet). Unless you collected the sender's ID as the car dealer did with you. If we all turn into car dealers recording IDs for everyone we deal with (and presumably reporting that information or at least having a recordkeeping requirement for it), then no coin technology is going to help you.
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they demand you provide the identity of who paid you in a Cryptonote ring signature.
They can't demand what you don't know, and in general you don't know or have any way to know who paid you, either physical identity or coin source. If everyone is going around recording the physical identities of everyone they transact with, then sure the authorities can go around person to person and collect that chain of IDs. This is out of scope for the coin (any coin) itself however. At the very least it puts a high burden of cost on such investigations (as opposed to downloading transaction data from Visa or Bitcoin and running big data algorithms on everyone in the world). Furthermore, you can just delete your keys once you are done with them. They are of no real value to you once the recipient has acknowledged receipt. EDIT: I also don't think ZeroCash allows this form of tracing even if your keys are revealed. If the authorities force you to reveal your keys, all they get to do is see how much you have and spend it. So if that is your goal here there is already a solution (largely vaporware for now though).
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At the end of the day you are right, we probably should have went with an existing PoW algorithm instead of creating a new one, but at the time we had good reasons for doing it that way and it seemed like a good idea. But it was a sub-optimal design decision, and if I could turn back time the one thing I would change is the PoW algorithm. But it's done now and we can't change it, so I don't know why you have to rant about it for 50 pages. I think we have got the point by now, you don't like new PoW algorithms. It's not like it's the end of the world, the long mining period will do much to offset any big miners in these early stages, and the private GPU miners will be made publicly available soon enough. All new PoW algorithms take time to be optimized, and complaining about it isn't going to get it done.
I think you're off base here. I haven't ranted on it for 50 pages. Since we originally discussed it I mentioned it once or twice. In this context it had to do with the need to optimize the one you have, in fact I was encouraging the catia's efforts, and if you read between the lines of my post I was offering to donate to support that effort.
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We just need to wait for XMR dataset to exceed 4GB and all the 32bit windows users getting crashes. At the rate of blockchain growth, that is but a few months away.
32 bit windows has a 2gb user address space not 4gb and hasn't worked with xmr for months. Don't wait for this. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yes, but 32 bits is 4 gb, so exceeding that creates even more issues Is there objective analysis of the growth rate of XMR memory usage (not just compressed filesize but system RAM usage) based on time, tx vs. BBR? You're not getting it. Monero does not work with 32 bit Windows and has not worked for months. A few people have complained about it, they have tried PAE and reported that it doesn't work. The only workaround that has been reported to work is migrating their wallet to a 64 bit OS. XMR has succeeded despite not working on 32 bit Windows, so waiting for it to break on 32 bit Windows is clearly not going to help. Exceeding a 4 GB magic number won't matter on 64 bit Windows (though generally increasing RAM usage is a gradual issue), plus there will be a database implemented by that time anyway. XMR is currently successful in speculation, no one is using it for daily payments. It may be less successful when average Joe does try to use it on his average comp. I agree with you. I was just disagreeing with the "wait for it to break on 32 bit." That's already happened. In fact what is going to happen in the future is not that it will break, but that 32 bit will get fixed by the switch to a database.
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So you (or not necessarily you personally but anyone who is interested in seeing this PoW succeed) optimize the other hashes too.
Wolf0 doesn't have some magic secret hash code optimizing machine delivered him by aliens from the future. He's just tweaking code. He's not the only one who can tweak code.
Yeah there is one other person, me. There's like 10000 things to optimize and he will always be one step ahead. He will always stand on the sholders of the OSS miner. My only goal is to make it so he has to do huge amounts of work for small gain. If rejects were fixed he's only got 20% on us and I have some ideas to get that down. That's what I call parity. Once you pick the low hanging fruit, Amdahl's Law kicks in and yeah there might be 10000 things to optimize but reducing each to zero only buys you 0.01%. Plus there is nothing to prevent other people who want to see this coin succeed from contributing tweaks to the open source as well. Concentrated mining by people with more efficient miners is bad for the coin, especially early on. That's one reason why I slammed your use of an immature PoW instead of one that is already well optimized. But if you (meaning anyone who wants to see the PoW succeed) are willing to put in the effort and get to parity, you can make it work. BTW, you can't be the only one in the world trying to implement fast open source hashing on GPUs right? BTW #2, I can't even find where to donate for the miner work. If I can't find it I'm sure some others can't find it either. Nothing in the README for example.
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cost-effective to design one unless the scale became bitcoin-size.
Current bitcoin-size might work. Bitcoin size at the point when it became feasible to develop Bitcoin ASICs clearly will not work since the efficiency gain will be much much smaller.
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We just need to wait for XMR dataset to exceed 4GB and all the 32bit windows users getting crashes. At the rate of blockchain growth, that is but a few months away.
32 bit windows has a 2gb user address space not 4gb and hasn't worked with xmr for months. Don't wait for this. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yes, but 32 bits is 4 gb, so exceeding that creates even more issues Is there objective analysis of the growth rate of XMR memory usage (not just compressed filesize but system RAM usage) based on time, tx vs. BBR? You're not getting it. Monero does not work with 32 bit Windows and has not worked for months. A few people have complained about it, they have tried PAE and reported that it doesn't work. The only workaround that has been reported to work is migrating their wallet to a 64 bit OS. XMR has succeeded despite not working on 32 bit Windows, so waiting for it to break on 32 bit Windows is clearly not going to help. Exceeding a 4 GB magic number won't matter on 64 bit Windows (though generally increasing RAM usage is a gradual issue), plus there will be a database implemented by that time anyway.
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Parity is just not possible.
Huh? Low self esteem or something? If I develop a super ultimate sha512 for example that brings us up to same performance as Wolf. Then Wolf will just use it, along with his optimized other hashes and once again be better. Wolf will always be faster because he has my optimizations plus his own.
So you (or not necessarily you personally but anyone who is interested in seeing this PoW succeed) optimize the other hashes too. Wolf0 doesn't have some magic secret hash code optimizing machine delivered him by aliens from the future. He's just tweaking code. He's not the only one who can tweak code.
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