[XMR] Monero - A secure, private, untraceable cryptocurrency

[smooth]

like command history not working on Linux

rlwrap works great

[tacotime]

PR has been given to fix merge mining with FCN, but I want to investigate more thoroughly before a merge is made.

https://github.com/monero-project/bitmonero/pull/7

[zeetak]

My GOD，the wallet is very very wierd and too complicated to operate,Why dont release a wallet-qt as Bitcoin?

because this coin is not a bitcoin clone and so there isnt a wallet-qt to just copy and release. There is a bounty for a GUI wallet and there is already an experimental windows wallet...

I like this about Monero, but it seems it was written by cryptographers, not programmers. The damned thing doesn't even compile on Arch, and there are several bugs, like command history not working on Linux. The crypto ideas are top-notch, but the implementation is not.

I'd rather have a cryptographer write my new cryptocurrency and implement novel ideas and then have a programmer fix the bugs.

The other option is to have a programmer write a new cryptocurrency without sound cryptographic theories...that doesn't sound like a winning combination.

You can easily fix bugs, but you can't easily fix fundamental conceptual problems.

Very true. But they should have gotten a programmer on their team before they released it.

pretty easy to add programmers after the fact

[wizzardTim]

Can i send a payment using MSWindows without having to type the recipient's address letter-by-letter? 'Cause no copy-paste works inside the cmd wallet window.

any help would be appreciated!

[psterryl]

Can i send a payment using MSWindows without having to type the recipient's address letter-by-letter? 'Cause no copy-paste works inside the cmd wallet window.

any help would be appreciated!

Right click on the title bar at the top, then go to edit, and paste should be there.

[dreamspark]

Can i send a payment using MSWindows without having to type the recipient's address letter-by-letter? 'Cause no copy-paste works inside the cmd wallet window.

any help would be appreciated!

Or alt + spacebar. Edit ==> paste.

[mickey_miner]

Can i send a payment using MSWindows without having to type the recipient's address letter-by-letter? 'Cause no copy-paste works inside the cmd wallet window.

any help would be appreciated!

Click the black cmd icon top left on cmd window.  goto properties and check quick edit mode and insert.

Copy wallet address and then click right mouse button to paste into command window.

[wizzardTim]

@mickey_miner, dreamspark, psterryl: thank you!! 

[m5j0r]

I just found this coin and I think it's absolutely great to see coins developed by cryptographers.
Perfect anonymity is the next big thing for a real liberal market. Haters/Gov officials are definitely gonna comment with criminal abuse etc., but freedom is much more important.

You need a decent wallet though. Add stability and a good client to the cryptographic ideas and this is gonna be one of my favorites.
Also CPU coins (asic resistant hopefully) are great anyway.

[tacotime]

Testnet coin has been started here:
https://github.com/LucasJones/testnotecoin

This genesis block, etc will eventually be integrated into the main wallet under a --testnet feature

[emontmon]

Testnet coin has been started here:
https://github.com/LucasJones/testnotecoin

This genesis block, etc will eventually be integrated into the main wallet under a --testnet feature

what is testnet coin ?

[tacotime]

Testnet coin has been started here:
https://github.com/LucasJones/testnotecoin

This genesis block, etc will eventually be integrated into the main wallet under a --testnet feature

what is testnet coin ?

Just used for testing features eg bitcoin testnet, we're using it for pool testing right now.

[azhago]

4 hours of mining with 120 hashrate : zero coins.
Normal?

[eizh]

by the way like the ideas here, looks interesting - the Anon aspect is way over played in my opinion , when i say that i think:

1.people don't care (anyone done a poll here?)

2. there are other economic and political factors that weigh in that actually degrade the idea but i won't go into them.



but the new PoW looks interesting. read the white paper.


great to see the small spark of innovation on this forum rare indeed these days., after all that's what it for?

An altcoin needs to justify its existence -- it needs to do more than what Bitcoin can do. Much more. Most coins don't, but that's because they're pump-and-dump nonsense, even to their creators.

Monero is going places because it has something that Bitcoin doesn't -- that thing being privacy. Other things like the PoW are bonuses, but they're minor details in the long run. Eventually it'll probably get GPU'd and then ASIC'd and become like Bitcoin. But the privacy stays.

[aminorex]

Monero is going places because it has something that Bitcoin doesn't -- that thing being privacy. Other things like the PoW are bonuses, but they're minor details in the long run. Eventually it'll probably get GPU'd and then ASIC'd and become like Bitcoin. But the privacy stays.

ASIC is fatal for a privacy-oriented alt coin, because it means centralization, which means control of the coin ends up in the hands of the end-user's adversary. 

[aminorex]

ASIC is fatal for a privacy-oriented alt coin, because it means centralization, which means control of the coin ends up in the hands of the end-user's adversary. 

Honestly, you could say the same thing about CPU coins. There are enough idiots out there with computers and who run unpatched software or download obvious malware that it's not hard to make botnets. Get enough mining for one entity, and you have centralization.

The possibility of centralization is not presently avoidable.  The inevitability of centralization is presently avoidable.  The reality is that what people do is trade off cost and benefit.  What matters to me personally is that Monero privacy should become realistically usable, and not destroyed by avoidable threats.  A defense-in-depth strategy is required to deal with unconstrained threats, to make the cost of defeating the system greater than the benefit of defeating the system.

[smooth]

There are enough idiots out there with computers and who run unpatched software or download obvious malware that it's not hard to make botnets.

This is one reason I've always felt that if botnets mine (which for the most part they won't), this is a good thing not a bad thing. It pulls the cost of computer owner's negligence back to the owners themselves, incentivizing them to clean up their act. Botnets that mostly attack other people without costing the computer owner anything are much worse.

[surfer43]

testnet peer: 198.199.79.100:46080

[smooth]

Without saying too much, let me put it this way: An intelligent botnet owner will not abuse their bots. For example, they would mine on a quarter of the CPU, or half, until the system was idle. Then they would use all of the CPU. Users who have slow computers either run malware scans or reinstall, and if they can't, they find someone who can. Happy bots means a happy botnet owner.

What you say is true, but most computers these days shut off when they're idle. The default settings in Windows shut off after an hour or something, and most users never change default settings (blinking 12 effect).  And mining on a quarter or half of a CPU when not idle means the botnet has just become that much smaller.

But the issue is more fundamental. If owners of insecure computers have higher electricity bills, they will be incentivized to clean up their computers, or to buy a service to do that for them, or buy computers with a lower risk of being infected. The market will sort this out. Non-consumptive botnets are worse, because they give no real incentive to the only person with a real ability to do anything about it, the computer owner. All the costs are borne by others.

[smooth]

I would agree with you on that. ASICs equal almost certain centralization, while CPUs may cause centralization. However, I think a better solution is GPU mining. Why? Because most people can do it, and high-end GPUs are not so widespread among the computer-using idiots. The obvious rebuttal to this is that a rich entity can run many GPUs.

No, the obvious rebuttal is that this provides little to no botnet resistance. GPUs are mainstream and are becoming more so, and increasingly merged with CPUs anyway. An algorithm that runs well on GPUs just will be botnet mined on GPUs if a CPU algorithm will be botnet mined. The idea that most mainstream computers that would be infected by botnets don't have a GPU or a decent GPU is rapidly becoming obsolete. The main disadvantage of a GPU-friendly algorithm is that the increased parallelism of GPUs may lend itself such an algorithm more readily taking the next step to ASICs.