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Alternate cryptocurrencies / Altcoin Discussion / Re: [XMR] (Unofficial) Community Monero FAQ thread
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on: July 11, 2014, 11:17:18 AM
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Q: Monero dev team seems to be too sluggish, does not?
A: Completely wrong, here I quoted authentic answer of Monero dev team leader, fluffypony:
- We are far from sluggish. All 7 of the core team members have to earn a living. Each of us can spend 14 hours a day on Monero, but then we need to draw an hourly payment to cover our time. Thus far we have received well under 1 BTC in donations, a trivial amount. That means that all of our time and energy and effort is completely self-funded.
- We are not sitting on mountains of XMR, this is a cryptocurrency that had an absolutely 100% fair launch. Given the current size of the cryptocurrency market I would argue that it had an even fairer launch than Bitcoin, because tons of people jumped on and mined it from day 1. We had no opportunity to amass any sizeable amount of XMR. Thus, our entire effort is a labour of love and completely because we want to see XMR become useful. If we get no donations, we are unable to spend large amounts of time on it, and we will have to peck away at it in our spare time. If you want to see less "sluggishness" (i.e. more time allocated), then donate. If you haven't donated you have absolutely no room to manoeuvre in this discussion.
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Alternate cryptocurrencies / Altcoin Discussion / Re: [XMR] (Unofficial) Community Monero FAQ thread
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on: July 11, 2014, 10:59:51 AM
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Q: I have Windows 32-bits binaries & this system What do You recommend to do? A: If you do know that is PAE, I quote fluffypony's authentic answer: "The 32-bit binaries are NOT obsolete - they work perfectly fine if PAE is enabled, and once we have the embedded database stuff working the 32-bit binaries won't even need PAE." Speaking strictly, fluffypony is 100% right. Nevertheless, I suppose you do not know what is PAE. If so, but you are exciting what is it, having enough time to spend, read: http://msdn.microsoft.com/en-us/library/windows/desktop/aa366796%28v=vs.85%29.aspxIf you are lazy, you should first migrate to 64-bit Windows to forget MANY problems associated with 32-bit computing at all. Then, do the following: *WINDOWS USERS* (I think Linux users may do very very the same)
In case of any technical problem you have encountered with Monero:
0. Assume your 32-bit wallet file name is "wallet.bin" (adjust this instruction for other name accordingly) 1. Backup your wallet.bin.* files. 2. Delete ALL Monero files from your computer. 3. Download 64-bit Monero zip & blockchain.bin from 1st sticky page of this thread. 4. Unzip & place all the files downloaded above to the directory: "C:\Users\<your user name>\AppData\Roaming\bitmonero\". 5. From the backup made at step 1, place wallet.bin.* files !!! EXCEPT wallet.bin itself !!! into directory at step 4. 6. Start bitmonerod.exe and wait for it to sync with the net. 7. Start simplewallet by the commad prompt: "simplewallet --wallet-file wallet.bin" (!!! name of the file that must NOT exist in directory at step 4 !!!). 8. When you want to stop any monero executables - ALWAYS type "exit" & be patient.
simplewallet re-creates correct version of wallet.bin for you.
Since you migrate to 64-bit Monero by CORRECT WAY mentioned above - you will never have any problem except being patient due to Monero is currently somewhat slow.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com
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on: July 11, 2014, 09:28:10 AM
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Anyway, I'm pretty sure that botnet owners don't hold the coins they've mined as there are risks associated with the waiting game and you might have used your botnet for other purposes instead.
Who knows. It seems that a coin with built in strong privacy and fast growing adoption (at least for an altcoin) might well be something a botnet owner would very much like to use to store wealth or to otherwise conduct business. I might even speculate they prefer to mine XMR over BCN despite the worse immediate economics because they prefer to store wealth in XMR (and trading via an exchange might increase exposure). But I have no idea really. My opinion about botnets. Their creators are smarter and more enterprising than average median people. So because of rank distributon biologically proven, total number of botnet creators is small, actually few people in the world, because of Monero is not popular as Bitcoin yet. So given botnet creators are smart people, their decision about short-term selling is smart too. Let's look things in the face, currently no coin can compete Bitcoin. Monero could, but their devs are too sluggish, and the same time do not accept neither help nor critics: - 32 bit obsolete Windows binaries are still sticky at 1st page this thread - No newbie's FAQ is ever made (who can support price if not newbies?!) - Official site has still html markup errors. - There is no special man to answer newbies questions here officially from face of Monero team. - Even missives come with 1-2 day delay. This delay is more important than it appears, because time regularity of Monero missives is the ONLY thing Monero devs promise us. Meanwhile there are some 40 days till LTC/2 block reward happens!!! This is the ultimate time window, when market decides Monero to live & replace LTC or to die & forget.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com
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on: July 10, 2014, 10:59:32 AM
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Why the fuck isn't XMR surpassed DRK yet, XMR is the only good anonymous coins, the rest are SHITTY GIMMICKS. This coin should be at 0.1. People aren't aware of the value of this coin. In a fair world with common sense this coin would eat Litecoin alive.
I have my own opinion on this. Few months ago I was a DRK holder and believed in Evan Duffield. I still suppose he is honest person. But his developer skill is not sufficient for such a fundamental thing as anonymity. Moreover, I made some profit trading DRK, and withdrew (with converting) it to cold BTC wallet during first DRK deploy fail (to the main net), when first hard fork issue damaged the DRK world-wide. I did quickly understood, at that 1st crush, DRK has no future. But how much was my astonishment, that few days later DRK price returned to the almost previous top. So I could relax, wait few days, and STILL could withdraw/convert DRK to BTC with high profit! That's all about human psychology. It works the way I can not predict, the fully irrational way. The most beautiful demo of such an psycho effect was during SECOND DRK deploy fail. Price had repeated the come-back effect, and if I were crazy stupid I could make almost the same profit TWICE! But I had turned to XMR already to that moment. Your question is much more deeper than it appears. May be not to be discussed for this thread, if you will resume on another - let me know. All we being XMR holders & adopters should extract a lesson from DRK destiny. But currently I absolutely don't imagine what such a lesson consist of...
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 10, 2014, 10:01:33 AM
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I've unpacked rar and see 'run-xc-xnode-mainnet.bat' - so I suppose can test it on main net? Or there is info, Rev.2 is not working properly on the main net, so my testing would be sense-less or premature?
This is stated on the official website's download page! >>>>> This is the FIRST fully 100% Decentralized Trustless Mixer <<<<< We want to clarify that this fully decentralized trustless mixer is for testing on testnet only at this time. This will be continuously updated over the next several days to bring to release status. So, I understand: I may test it on the main net myself, but to my own risk? Officially, it is for the test net only, but some day it becomes officially for main net? Am I correct?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 01:52:18 PM
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It's not about trying to hide something, but protecting IP. Have a look at this ALTs market, scam coins flood again and agin. If open source at this stage, there'll be XC1, XC2, XC3 tomorrow morning when you wake up. You mentioned OPEN HW? do you know even CPU has software in it? How do you think Intel and Qualcomm will open source for you? Are you kidding? BTW, if you have interesting in below ISA code of CPU, we could have a talk LOL.
Let us finish on it. Agree, IP protecting is nice feature, but it behaves in context of anonimity we've decided not to touch on. If I am somewhat paranoid, I can completely switch to TOR or VPN tunelling on my comp to use BTC instead of XC because BTC source is open. But XC does have another intersting features against BTC, you do ignore again and again
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 01:46:15 PM
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With no facts coming from you i can only conclude we discussed nothing. Hope you find your way in one of the many BTC threads here, for now, lets agree to disagree
Can we stop to discuss XC's anonymity feature therefore? May we focus on what is *another* main feature or features of XC against just BTC, not other altcoins?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 01:33:28 PM
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Already discussed. Nothing does stop you. Here XC behaves exactly as BTC, being 5 years open source heavy tested on the main net. So why XC, not BTC? I am honest to believe that anonymity is not prime feature of XC. But community is configured aggressive not just for criticism but for regard another main feature of XC.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 12:01:53 PM
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Yes, you can still track the top 10 addresses (not people) in that list. Normal transactions from those addresses can still be followed in the blockchain (like a exchange withdraw) but you can't follow the anon transactions comming in or out. But you will always be able to see there balance. But it is still al to easy for them to split that balance over several addresses.
Perfect answer! Respect you too. Also honest person. Now you can see, even after closed source's Rev.2 or Rev.3 will be released, balances are still being world-wide accessible. Of course, you may split them amoung addresses, but BTC is very sufficient for that too. Why closed source XC for years instead of open source BTC for past 5 years hard tested worldwide at main net? May be I mistake, and decentralized mixer is not MAIN feature of XC today?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 11:51:59 AM
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florida.haunted, your brain has been crashed by your ass? You could say backdoor could be embedded into every computer. So what should you do? fuck your computer? Just remind you, turn off your computer before fucking it and add some lubricating oil at CPU socket. Have your good time.
There is open hardware example: http://en.wikipedia.org/wiki/VIA_OpenBookThere is secure open software example: http://www.openbsd.org/I've contacted OpenBSD author personally few months ago, he is an amicable person, not afraid about OpenBSD will be cloned. P.S. I think, Linux, compiled from sources, on any hardware, is sufficient for our purposes.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 11:30:04 AM
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I'm not the dev, I'm the community manager. The xc source code is not being open sourced for a long time as in years, we don't want clones of xc and people have asked for it not to be open sourced.
Sorry I thought you are Dan, the main dev. We have just seen design of http://www.xc-official.com/and we are afraid XC source is the same by design. Also we afraid, whether in critical situation, Dan can easily embed backdoor into XC under a FBI pressure. He is a good man, but he is just a good man with family and children... So for years, as you mentioned, nobody guarantees our own anonymity.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 11:14:50 AM
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Most people don't want to hide from the tax officer, they just don't want the whole world knowing about their finances. Bitcoin makes it far too easy for people to know a lot about someones finances.
Ok, I know Rev.2 is here to fix somewhat we talk about. I just ask, assume I look at this site: http://chainz.cryptoid.info/xc/#!rich and found 10 most rich people. Does XC Rev.2 or Rev.3 provide something againsit it? So If I look at that site after Rev.2 or Rev.3 have been released at mainnet, can I still track top 10 richies or not?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 11:00:29 AM
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XC website is a hack job - with cities around the world as a background..Venice = WTFBBQ and a shitty menu on the left that jumps around all over the place.
This was rushed and done by an amateur. The future list looks like a pump and dump hype list. Be realistic.
Agree with you. I hope, XC source code does not resemble it. Teka, when do you open the XC sources? Just for us to be calm.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] PoS/Privacy
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on: July 09, 2014, 10:27:02 AM
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talk about tax and cryptos is just dumb and nonsense at this stage. i don't even file or declare my lost, it's just too much paper works and no clear policy Agree with you, I just wanna smoothly point you out, that XC's decentralized mixer, even being perfectly working, does not deliver an extra protection against tax officiers, than BTC does.
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