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12541  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - a coin with strong privacy based on CryptoNote technology on: April 28, 2014, 11:52:42 PM
I added a section to the OP that places MRO within the anonymous crypto landscape. The intention is not to badmouth other coins, but to be explanatory so that newcomers can understand what exactly they're getting here.

Quote
- How does this compare to other anonymous coins?

There are two other anonymity implementations currently available or in development. One is DarkCoin's decentralized mixing and the other is ZeroCoin/ZeroCash's use of zero-knowledge proofs.

MRO is qualitatively similar to DarkCoin in that it uses mixing to obscure identities, but the implementation is done elegantly through the use of ring signatures. DarkCoin is a Bitcoin descendent and uses no new cryptography, leading to a comparatively convoluted implementation using selected nodes to perform the mixing. This approach relies on the health and good behavior of the nodes, which MRO's more fundamental approach is not vulnerable to.

ZeroCoin/ZeroCash uses zero-knowledge proofs, which you can read about here. This is research-level cryptography that hasn't been subjected to years of cryptanalysis and attacks, so exploits may emerge down the road. The RSA private key used to initiate the accumulator must be trusted to be destroyed by the generating party. It also obscures the entire economy, not just sender/receiver identities, which can lead to problems if there are bugs that lead to inflation or manipulation because the damage is hidden to everybody.

I like what you did.

One comment:

To be fair there is an advantage to DarkCoin not using any new crypto, and I would mention that to maintain a bit of balance. Ring signatures are not new, but they haven't been used in exactly this way before, and the implementation is also immature, so there are risks here.

Also I would further deemphasize the Bytecoin. More and more users are coming to this coin who have no idea what Bytecoin is, which was different at the very start when we all came over from Bytecoin. It is now and will increasingly be more helpful to focus on what this coin is, what it does, how it works, and how it differs from other similar coins/projects (including DarkCoin, ZeroCoin and Bytecoin)
12542  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BMR] Bitmonero - a new coin based on CryptoNote technology - LAUNCHED on: April 28, 2014, 11:47:34 PM
So, I downloaded and ran the daemon, downloaded the blockchain, figured out the firewall issues, got the daemon to start mining, and actually showed a hash rate. I'm on a 2.8GH AMD Sempron 64-bit Windows 8 machine with 8GB of memory. Decent, but not a super machine. CPU usage is > 95%.

The problem is that the highest hash rate I have seen so far was 0.1 H/sec. Most of the time it is zero.

What's with that??

At this point, I can't justify running the processor at 100% when it is producing no significant hashes.

Anyone have any suggestions?

Rick

Linux or Windows? If Windows, boot to Linux and compile it yourself. The Windows binaries may be poorly optimized for AMD.

Also, I'm not really familiar with the Sempron but if it has small cache and slow access to RAM it may never mine this coin very well. The proof of work for this coin is designed to be memory hard.

I'd try Linux before giving up though.
12543  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 22.5 ask 25 last 21.2) on: April 28, 2014, 11:39:39 PM
Orders updated
12544  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - a coin with strong privacy based on CryptoNote technology on: April 28, 2014, 11:28:50 PM
Is someone mining with a i7 4770k?
how many blocks per day?
thank you.

None  Cry Feel like stopping soon
How many hashes per second are you getting?

hr_show moves between ~8.5-9.

is OC-ed to 4.2Ghz.
You should average around 2 blocks per day. Keep mining  Smiley

I'm honestly not sure how it's happened but I have 37+change in my wallet now, lots of small transactions  Tongue

The small transactions are normal.

Send amounts are broken up by digit so if you send 117,23, it sends 100, 10, 7, 0.2, and 0.03. By standardizing the amounts it ensures there are always many outputs of the same amount available that can be used for ring signatures (mixing). Otherwise it would have to find another output of exactly 117.23 to mix, which would be unlikely.

A user friendly wallet should probably hide all of this and only show it in advanced mode or by bringing up transaction details, but the current wallet shows all of the detail.


12545  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - a coin with strong privacy based on CryptoNote technology on: April 28, 2014, 09:44:29 PM

and blocksize is ~15 at the moment?

Do you mean the block reward? It's 17.33 currently. This is a change from 17.59 when the blockchain started.

Sometimes you get a smaller reward if there are a lot of transactions being processed. This is done to discourage miners from stuffing blocks full of dust transactions. If it happens consistently the maximum block size will increase and then the rewards will go back up.



12546  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 21.5 ask 25 last 21.2) on: April 28, 2014, 09:37:58 PM
Quote
0.000225 / 26 MRO / 0.0055 / dnaleor

please change my order to


WTB
0.000225 / 436 MRO / 0.098 / dnaleor


excuse me, my friend told me to buy more. he is not on the forum...
I edited my message

Updated
12547  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - a coin with strong privacy based on CryptoNote technology on: April 28, 2014, 09:00:22 PM
Is it possible to do cloud mining? I tried on Digital Ocean but it says that the CPU doesn't accept x64 instructions or something like that when I try to build..

You need a 64 bit node. CryptoNote only works on 64 bit.

12548  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 08:54:42 PM
Is the entire blockchain stored in RAM? Bytecoind takes up 80% of my 4 GB of RAM and 2 GB of swap space.  Bitmonerod takes up a small fraction of that..

Yes it is. These coins will need to implement a blockchain database eventually. For now more swap space may work, since most of the block chain is never touched.


It makes Unity lag, takes 15 minutes to sync 1000 blocks, and takes many hours to save the blockchain. Not an ideal situation.

Oh right, I forgot about saving. You will need more RAM or waiting for a block database to be implemented to get any improvement.
12549  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 08:47:08 PM
Is the entire blockchain stored in RAM? Bytecoind takes up 80% of my 4 GB of RAM and 2 GB of swap space.  Bitmonerod takes up a small fraction of that..

Yes it is. These coins will need to implement a blockchain database eventually. For now more swap space may work, since most of the block chain is never touched.

12550  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 08:45:52 PM
Can't it be the whole deep community?

No because that is much too large a group for the secret not to leak out in some way. The ability to keep a secret degrades rapidly as the number of people knowing it goes up. Since the existence of this technology was not even so much as rumored, it must be the case that the number of people knowing about it was quite small.

I bet that there are significant amount of 1k+ ppl organizations which you never heard of.

I agree with you in some way: cicada etc., but imagining some master mind behind the CN is somewhat close to a dream.

The supposition was a widespread use in the deep web. I reject that as implausible for the collection of reasons already stated by me and others. I never claimed a "mastermind" it could easily be a small team.




12551  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 08:43:59 PM
Is it possible that one person or group fake the whole BCN blockchain to make
it look like BCN has been mined by many computers for almost 2 years? Huh

Not that many computers. Could be done in a relatively short time with a server farm or botnet.

Even now this coin is pretty small and the difficulty is much higher

I think it is more likely that the developer or a small team bumbled along for two years and then later decide to try to cash out the premine with a pump-and-dump instead of starting a new coin. That may be behind the split between bytecoin and cryptonote. All of this is speculation, but I'm trying to fit the facts as well as possible.

12552  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - a coin with strong privacy based on CryptoNote technology on: April 28, 2014, 08:30:24 PM
Huge buy walls are forming on the exchange...  Things are looking healthy. Smiley

https://bitcointalk.org/index.php?topic=578192.0

22,500 total buy orders at 0.0002 which is rather large considering the total amount of MRO in circulation
12553  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 21.2 ask 25 last 21.2) on: April 28, 2014, 08:27:41 PM
edit: someone should also keep track of this market.  Wink
If noone does it, I will Smiley

There is another trading thread doing that, but I have no idea how well managed it is. If there is enough demand for these trades here I will create another thread, meanwhile I have posted in another section on OP.

12554  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 21 ask 25 last 25) on: April 28, 2014, 08:18:56 PM
WTB 165 MRO for 0.035 BTC  (1 MRO = 0.000212)

trade partially executed. I bought 139 MRO

I still want 26 MRO for 0.0055 BTC
(please change my order)

Updated
12555  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - a coin with strong privacy based on CryptoNote technology on: April 28, 2014, 08:01:54 PM
Do i have to backup the wallet.bin file?

Ideally, the keys can be used to recover everything in theory but we haven't figured out exactly how to yet.

My wallet was corrupted today. I was able to figure out how to restore it.

1. Backup wallet.bin, wallet.bin.address.txt and wallet.bin.keys to another folder.
2. Delete wallet.bin
3. Run simplewallet.exe:
simplewallet.exe --wallet-file=wallet.bin

This recreated my wallet.bin file correctly.

Hope this helps!

MRO: 47Y4vR6M5e5U3rHxtZJPmxTLnP5yX394V4gRoB1aLSKy2ZjbMWzS6gSKdsDshZXAJUaNAJezNe3zpMc mpLbkebTx89CWJMR

When I did that (I think it was BCN but it should be the same) it seemed to work but I found a later problem with trying to spend outputs that were already spent. I am routinely backing up all three files now.


12556  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 02:30:19 PM
Can't it be the whole deep community?

No because that is much too large a group for the secret not to leak out in some way. The ability to keep a secret degrades rapidly as the number of people knowing it goes up. Since the existence of this technology was not even so much as rumored, it must be the case that the number of people knowing about it was quite small.
12557  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 02:22:22 PM
I have a question: Why do you guys have millions of BCN? I mine it for a month and I don't have even 1 mln! The first message about BCN appeared in March,12 this year.  So I don't think you could mined it. Smooth, it's nice to trade with you, but this question is for you too.

I have a lot of computers (and no not a botnet, just computers). If you look back in my posting history on this board you will see that I have mined many CPU coins (and some others -- I still mine bitcoin and sometimes dabble in GPU coins).

I have mined 100% of the BCN I have sold (and what I still have). All of that mining occurred after it was posted on this board. Mining was easier at first and I was able to move quickly to start mining.

Also, you may notice that I also have sold and hold a lot of Monero. I got that by mining as well.

12558  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 02:20:09 PM
We don't know the size of the dark web community that exchanges these coins on regular basis.

Dude wake up. There isn't one.

They came here to create a market to dump their 100 billion coins. End of story.

It may actually work, and in all fairness the technology has a lot going for it. Maybe in a sense they deserve their 80% premine. But don't fool yourself about what is really going on.



12559  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 01:54:15 PM
Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized

Wasn't Bitcoin stealthmined in 2009 and 2010?
Not 80% of all Bitcoin..

Very much true. Bitcoin is 50% mined every 4 years, not 80% mined in less than 2 years.
12560  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: April 28, 2014, 01:50:51 PM
Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized

Wasn't Bitcoin stealthmined in 2009 and 2010?

Since you asked, the answer is 100% no.

It was published to the cryptography mailing list in January 2009, and immediately released as open source. That was the most logical place to release it and frankly the place (if any) where it was going to get the most interest and participation, although even there most people ignored it and didn't think it would work. It was also published on Sourceforge, which was more or less then equivalent of github back then, and considered very much the mainstream place to host an open source project, not some obscure back corner of the Internet.

Where else was it supposed to published? This forum obviously didn't exist. Seriously, if you were SN, where would you have released it?

The "bitcoin was stealth mined" meme is a complete myth. Just because nobody cared about it at the time does not mean is was hidden or attempted to be hidden. It wasn't.

You can go and read the email messages yourself and you can also browse the old activity on sourceforge.  

http://www.mail-archive.com/cryptography%40metzdowd.com/msg10142.html
http://sourceforge.net/projects/bitcoin/ ["Registered 2008-11-09"]
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