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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 3565764 times)
NeuroticFish
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April 19, 2017, 09:00:32 AM
 #35001

Any chance that the fees can be removed for cleaning up the wallet?
I dont get why this charge even exists.

Its going to cost me almost my entire balance just to clean up the wallet.

This is because the mining pools were making many micro payments instead of larger amounts.

Why cant micro payments be made without the huge fees involved in cleaning up the wallet?
I see this being a huge problem if the price increases.

No other coins have this problem that im aware of.

Most coins don't have this "clean up" (sweep) as direct option, from what I know.
But with Bitcoin, if you have a ton of small inputs you can send all the money to a (another?) wallet of yours and will achieve the same result.
And (with Bitcoin) if you have the wallet full of dust, your tx fee will be getting huge too.

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visdude
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April 19, 2017, 06:16:17 PM
 #35002


I probably relayed your message to the developers, but forgot to open a specific issue for it. Hence, it might have been overlooked. I've opened an issue now for more visibility.

https://github.com/monero-project/monero-core/issues/655

Got it! Thanks for doing this. Coolness! Other than that, really nice new features in the current release.

The release notes mentioned "unsigned transaction" and "Cold transaction signing". Do these mean that offline transaction signing is now possible with this release? If so, is there a step-by-step guide/instruction on how to go about it posted somewhere?



Yes and this is as close to a guide as I could find:

https://monero.stackexchange.com/questions/2160/how-do-i-use-cold-transaction-signing

https://monero.stackexchange.com/questions/2868/is-there-any-way-to-construct-a-transaction-manually/

Note that these guides use the CLI, so they might need some tweaking for the GUI.

Thank you.

I'd wait until it gets incorporated into GUI. Will it be so in the next release? CLI horrifies me so I'm liable to bungle the process. Nevertheless, I bookmarked the links...just in case.

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April 19, 2017, 07:49:04 PM
 #35003


I probably relayed your message to the developers, but forgot to open a specific issue for it. Hence, it might have been overlooked. I've opened an issue now for more visibility.

https://github.com/monero-project/monero-core/issues/655

Got it! Thanks for doing this. Coolness! Other than that, really nice new features in the current release.

The release notes mentioned "unsigned transaction" and "Cold transaction signing". Do these mean that offline transaction signing is now possible with this release? If so, is there a step-by-step guide/instruction on how to go about it posted somewhere?



Yes and this is as close to a guide as I could find:

https://monero.stackexchange.com/questions/2160/how-do-i-use-cold-transaction-signing

https://monero.stackexchange.com/questions/2868/is-there-any-way-to-construct-a-transaction-manually/

Note that these guides use the CLI, so they might need some tweaking for the GUI.

Thank you.

I'd wait until it gets incorporated into GUI. Will it be so in the next release? CLI horrifies me so I'm liable to bungle the process. Nevertheless, I bookmarked the links...just in case.



Cold signing is integrated into the GUI. That said, the guides / tutorials are based on the CLI. However, with some tweaking you should be able to follow them using the GUI.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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April 20, 2017, 07:35:17 AM
 #35004

Any chance that the fees can be removed for cleaning up the wallet?
I dont get why this charge even exists.

Its going to cost me almost my entire balance just to clean up the wallet.

This is because the mining pools were making many micro payments instead of larger amounts.

Why cant micro payments be made without the huge fees involved in cleaning up the wallet?
I see this being a huge problem if the price increases.

No other coins have this problem that im aware of.

Did you try setting fee to Low? That should now be a lot less expensive than it was before the last fork, and also a lot less than the default (1/4)
Makka
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April 20, 2017, 04:30:33 PM
 #35005

How many monero were created after the hard fork? I can't find it in reddit.
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Bitcoin != exchange rate


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April 20, 2017, 04:35:33 PM
 #35006

How many monero were created after the hard fork? I can't find it in reddit.

None, it was a scheduled protocol update:
https://www.reddit.com/r/Monero/comments/62e1mc/mandatory_upgrade_monero_01031_wolfram/

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April 20, 2017, 04:39:38 PM
 #35007

How many monero were created after the hard fork? I can't find it in reddit.
Monero has scheduled hard forks ~6 months. The block reward does not change with hard forks. Currently, the block reward is ~7.85 XMR, and blocks are every 2 minutes.

More info: https://monero.stackexchange.com/questions/4089/monero-block-reward-schedule

https://MoneroForCash.com - Buy and Sell XMR with Cash or other means        1KyeQbNjrH9EYK4RTzQZgsCBQgjX3HV2Kk
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April 21, 2017, 11:15:57 AM
 #35008

Tried using the GUI with a dusty old mining wallet from the Before Time (The Long Long Ago).

Can't send anything without ridiculous tx fees, regardless of amount.

Can't sweep unmixables, gives this error:

Code:
Couldn't send the money: transaction <xxx> was rejected by daemon with status: Failed. Reason: mixin too low

Guess I should have sent the entire balance to a different address with no mixin back when that was possible?  Huh Grin Undecided

Le Pen - La Résistance Against Globalism



Warning Dash is a planned instamine, it wasn't an accident


The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Core GUI - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004
smooth
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April 21, 2017, 11:50:24 AM
 #35009

Guess I should have sent the entire balance to a different address with no mixin back when that was possible?  Huh Grin Undecided

Sweep unmixable should still work. If it doesn't it is a bug.

Have you tried with cli?

Also setting fee to low should result in much lower fees than before (though still may be high if the old dust is 'dusty enough')
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April 21, 2017, 02:10:33 PM
 #35010

my wallet can't sync now .why? Huh

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April 21, 2017, 08:08:49 PM
 #35011

my wallet can't sync now .why? Huh

More information please.

Are you running your own daemon?

Are you running the latest software? (0.10.3.1) ?

What operating system?

Do you mean the wallet won't sync or the daemon won't sync?

< Monero Compile Instructions >   < Track your bitcoins! > < Track them again! > < Monero NVIDIA mining instructions > < MONERODO : An operating system for your dedicated decentralized node device > <<< What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! >>> @@@@@ Simple Monero Node Installer and Monitor for Windows @@@@@
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Today at 01:05:09 AM
 #35012

Guess I should have sent the entire balance to a different address with no mixin back when that was possible?  Huh Grin Undecided

Sweep unmixable should still work. If it doesn't it is a bug.

Have you tried with cli?

Also setting fee to low should result in much lower fees than before (though still may be high if the old dust is 'dusty enough')

CLI produces same "Reason: mixin too low" result.

Isn't that because mixin 0 (ie ringsize 1) tx are no longer allowed?

Should I use sweep_all instead?

Le Pen - La Résistance Against Globalism



Warning Dash is a planned instamine, it wasn't an accident


The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Core GUI - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004
Infibite Nit
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Today at 02:54:37 AM
 #35013

any marketing campaigns coming out for monero in the future?
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