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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4554348 times)
nuxxer
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October 28, 2014, 06:31:39 PM
 #16361

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.


whatever the size of your RAM, it will take 80-90% .
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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ioang
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October 28, 2014, 06:39:41 PM
 #16362

When will this coin get his own wallet?Like bitcoin
Blockchain.info for exemple?
Now i have 20 xmr ...
bitcoinrocks
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October 28, 2014, 07:46:04 PM
 #16363

So I'm concerned about keeping my XMR in Poloniex after these SEC letters.  I'd really rather not deal with the wallet software.  Is there a safer option than Poloniex besides the wallet?
smooth
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October 28, 2014, 07:47:56 PM
 #16364

So I'm concerned about keeping my XMR in Poloniex after these SEC letters.  I'd really rather not deal with the wallet software.  Is there a safer option than Poloniex besides the wallet?

Either a wallet or another exchange, or you can make a deal with a trusted member here to hold it for you.

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October 28, 2014, 07:50:04 PM
 #16365

Is there another exchange that is presumed safer?
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October 28, 2014, 07:51:48 PM
 #16366


What happend to CCEDK, i.e., their xmr/usd and xmr/eur pairs?

https://twitter.com/monerocurrency/status/518122613747761152


From https://www.ccedk.com/xmr-usd
Quote
Page is under construction
If you got questions please mail to admin@ccedk.com
mmortal03
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October 28, 2014, 07:53:04 PM
 #16367

So I'm concerned about keeping my XMR in Poloniex after these SEC letters.  I'd really rather not deal with the wallet software.  Is there a safer option than Poloniex besides the wallet?

Either a wallet or another exchange, or you can make a deal with a trusted member here to hold it for you.



If you are planning to just hold long term, using simplewallet.exe really is not that difficult at all.
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October 28, 2014, 08:10:45 PM
 #16368

What about Cryptsy?  I hear they're actually SEC-compliant.  Are they going to add XMR?
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October 28, 2014, 08:12:51 PM
Last edit: October 28, 2014, 08:38:58 PM by mmortal03
 #16369

author=mmortal03 link=topic=583449.msg9356848#msg9356848 date=1414503699
Quote
4. Why can not I make a couple XMR \ USD or any other fiat, inconveniently Bitcoin buy initially but it then monero .....

You can buy XMR directly with USD in Poloniex

I do not think that is accurate. The following might eventually simplify things, if you bought XUSD for USD directly on coinomat.com: https://bitcointalk.org/index.php?topic=775733.0

Edit: Anyway, I am seeing some sketchiness regarding coinomat.com, though I'm not saying they're not legit: http://cryptomining-blog.com/1938-coinomat-crypto-currency-exchange-adds-withdraws-to-credit-card/
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October 28, 2014, 08:15:45 PM
 #16370

What about Cryptsy?  I hear they're actually SEC-compliant.  Are they going to add XMR?

Cryptsy has said they are going to add XMR but has not given a specific schedule.

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October 28, 2014, 08:17:55 PM
 #16371

I'm so tired...
Guys can you please post that missive so that I can go to bed?...  Cheesy

I'm glad I went to sleep a bit. I'd be barely human by now.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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October 28, 2014, 08:51:35 PM
 #16372

I'm trying to learn how to use simplewallet. I ran simplewallet and created a wallet. Do I also have to run bitmonero.exe or can I just send XMR from and exchange to the address that my simple wallet created without running bitmonero.exe? If I do this, is there any way to verify the coins got there?

You can send from the exchange to that address. You don't have to have bitmonero.exe running. You could even use simplewallet.exe to generate an address on an offline computer and still transfer moneroj to it.

To verify that that coins got there, though, you will need to run bitmonero.exe to sync the blockchain (which will take a while), and then you can type "balance" without quotes while running simplewallet.exe to check it.
mmortal03
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October 28, 2014, 08:58:11 PM
 #16373

Of course, always test things out with small amounts until you get the hang of it.
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October 28, 2014, 09:09:33 PM
 #16374

For whatever you do, you should first read carefully about it and then dive in. I'm not into alts a lot, only mining a couple just for tips & buying more BTCs. XMR is a bit different for me though; I'm holding a good portion and I probably will accumulate more as time passes by. The reason is mainly that it's not "just a copy-paste" from the BTC code; it incorporates new technologies, it's backed up by a team of devs, plus some respectful vip members in here.

The risk though is always 50-50. You do the math.

Chaos could be a form of intelligence we cannot yet understand its complexity.
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yes


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October 28, 2014, 09:22:04 PM
 #16375


Blockchain explorer



The monerochain.com explorer gives a warning in Chrome.

           ▀██▄ ▄██▀
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 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
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   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion
.Anonymous and Untraceable.
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





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.
mmortal03
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October 28, 2014, 09:22:25 PM
 #16376

I'm trying to learn how to use simplewallet. I ran simplewallet and created a wallet. Do I also have to run bitmonero.exe or can I just send XMR from and exchange to the address that my simple wallet created without running bitmonero.exe? If I do this, is there any way to verify the coins got there?

You can send from the exchange to that address. You don't have to have bitmonero.exe running. You could even use simplewallet.exe to generate an address on an offline computer and still transfer moneroj to it.

To verify that that coins got there, though, you will need to run bitmonero.exe to sync the blockchain (which will take a while), and then you can type "balance" without quotes while running simplewallet.exe to check it.

Ok thanks, that helps a lot. If I run simplewallet.exe on an offline computer and send XMR to the offline generated address, is there any way I can check the balance from an online computer without putting my keys file on an online computer and typing in my wallet password?

The technology behind the scenes is mostly there, but it's not fully implemented yet anywhere. You'll be able to use your viewkey to do this once it's implemented. I was asking them the other day about this:

Is the viewkey currently stored in the wallet.bin file, or is it only generated from the private key on the fly? The reason I ask is, if it is the former, then I assume that simplewallet could easily be programmed to run in watch-only (view-only) mode, operating as such whenever the user tries to load their wallet.bin file without their wallet.bin.keys file being present. This could make running an offline wallet configuration VERY easy.  One could simply generate their wallet with simplewallet on an offline machine, then copy over just the wallet.bin file WITHOUT the wallet.bin.keys file to an online machine, and then load that into simplewallet. Would there be any security or privacy concerns to having it operate this way?
Pilotseye
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October 28, 2014, 09:42:01 PM
 #16377


Blockchain explorer



The monerochain.com explorer gives a warning in Chrome.

looks like the SSL certificate is expired
smooth
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October 28, 2014, 09:46:24 PM
 #16378


Blockchain explorer



The monerochain.com explorer gives a warning in Chrome.

looks like the SSL certificate is expired

It doesn't work anyway. You will need to use one of the other ones.

villabacho
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October 28, 2014, 09:49:57 PM
 #16379

RAM usage is continuing to get worse as well. I have 7.67/8GB in use now and rising as it's syncing.

I think it just uses most you have. Some said it use most of their 3 gb RAM. Probably also most of 16 gb RAM. It is true that is not so convenient to run bitmonerod. You just do when you really have to. Lets hoe soon will get better.

If you're a Linux user, David's recipe https://forum.monero.cc/5/support/74/increase-swap-space-for-blockchain to increase swap space works surprisingly well.
Only during startup of the bitmonerod daemon your machine will swap and be a bit unresponsive, but after that it doesn't have to access most of the blockchain, so it'll be essentially swapped out, and the physical memory footprint goes down again.

On my 4GB laptop I could very well do my day-to-day work while bitmonerod was running, except for the first 15 minutes or so. Even though the virtual memory size was close to 6GB, the real memory consumption went down to somewhere between 1 and 2 GB.

I would guess that also for Windows there must be some solution like that involving increased swap space.
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October 28, 2014, 10:18:54 PM
 #16380


The technology behind the scenes is mostly there, but it's not fully implemented yet anywhere. You'll be able to use your viewkey to do this once it's implemented. I was asking them the other day about this:

Is the viewkey currently stored in the wallet.bin file, or is it only generated from the private key on the fly? The reason I ask is, if it is the former, then I assume that simplewallet could easily be programmed to run in watch-only (view-only) mode, operating as such whenever the user tries to load their wallet.bin file without their wallet.bin.keys file being present. This could make running an offline wallet configuration VERY easy.  One could simply generate their wallet with simplewallet on an offline machine, then copy over just the wallet.bin file WITHOUT the wallet.bin.keys file to an online machine, and then load that into simplewallet. Would there be any security or privacy concerns to having it operate this way?


The viewkey functionality is not going to happen anytime soon according to the devs, so what i do is this - generate an offline wallet with a crazy-long password (don't record it, it does not matter), copy the address & viewkey, then i write down the 24 seed words on *paper*.

That done, I delete the files i just created (all of them), and send moneroj to my new address. I cannot view my balance, however, i can use chainradar to verify my funds hit the blockchain and were included in a block by using the transaction id when i sent the xmr's.

Now, my wallet simply consists of a list of 24 words on a piece of paper - no files, no password, nothing but 24 words.

I could even lose the address and/or the viewkey and still get my moneroj back though, by running simple-wallet-exe --restore-deterministic-wallet, enter the 24 words, type refresh (assuming the daemon is synced) and boom, my wallet with moneroj is back with a new filename and new password (same address/word list/view key).

This is a condensed, semi-online (not overly secure, albeit) way i picked up from fluffy's ultimate cold-storage post - https://bitcointalk.org/index.php?topic=583449.msg8246348#msg8246348

edit - i've tested this many times, and it does work just fine, however if you have a large amount of moneroj, be very careful - writing down one word or missing one word and you will lose access to all your funds.  i myself have had a few scares when mistyping a word or two on the restore, but eventually i get it correct. /whew!  Cheesy
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