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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4251530 times)
David Latapie
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January 15, 2015, 07:26:50 PM
 #19261

I think moneroclub would be a nice addition to the main page slideshow. As if suggesting "you can buy it here [monero club] and you can track your account here [mymonero]".

Can we add/edit content?
Good idea. For the moment, the slider is not "drupal-native" (AFAIK), so it has to be edited by hand, FTP-side. lyth0s could help on this. I would like it to be editable straigtht from Drupal in the future - it might require changing it completely. There are a lot of carousel modules for Drupal, but I did not investigated them. Again, either lyth0s (webdesigne for the site) or someone conversant in Drupal would be of use.

For the rest (i.e. non-carousel-content), yes, you can edit. You must first create an account. After that, you shall normally be able to create blog entries that will appear in the blog tab (https://moneroeconomy.com/blog - for reason unknown, I cannot rename it https://moneroeconomy.com/blogs, with an "s"). Later, I could give access to other contents, but I'd like to start slowly. Blog entries are for personal considerations. Ultimately, I plan to make them available only for MEW members once I created a MEW role (you already are a MEW member so everything is fine).

I purposefully do not give you more instructions, to check how easy/hard it is to create an account and start blogging with no information.

I created a new tab, "News", which will announce latest news. It will be in-between regular pages like about us, contact, what is Monero... and informal texts like blogs. I started by announcing Jojatetok's newest release.

https://moneroeconomy.com/news

This great to see.

A few suggestions: multiple websites/forums at various states of development and with different styles really confuses newcomers and makes the project seem a bit disorganised (which is why people default back to bitcointalk).  This site should make clear immediately what it is (e.g. title/subtitle indicating this is the MEW website), and should have clear links to the official website/forum on the front page.  KISS suggest to me highlight/focus on things missing elsewhere: e.g. a place for the FAQ, a nice, regular core blog highlighting news, development reports, the various infographics going around, and other things.  Have the blog on the front page to keep things fresh.  Have a cryptokingdom tab as that seems a core aspect of MEW.
I update the site information
Title: Monero Economy Workgroup
Slogan: Fostering Monero adoption
Both are open to change, just say and we'll see.

I'd like to have a translation slogan in Dutch, German and Spanish (but only once any potential about the slogan is addressed)
For a link to the official forum, I ran out of inspiration. One possibility is to have a clickable link on the slogan (which I did), but it goes against the principle of least astonishment. There will eventually by an introductory page linking to the official website, but it won't appear on main page (well, it coul, but it would not be highly visible, since it will be in a page, not as a link). Last possibility would a tab to the official forum, but I really don't like this. Tabs are for navigating inside a website, not outside of it.

The FAQ is already here, check the menu bar Smiley
Regular blog with news is addressed now, this is the "news" (I understand that the "blogs" menu bar might confuse people, since blogs are users' (or devs') blogs, not official news, maybe I should find another term. Monday Monero Missives will be announced (and duplicated) here too.
Cryptokingdom will have a page or even a section, yet to see.
Infographics, block explorer... I think a "reference" section would make sense.

Instructions for testing the DB shall appear on the website. Both for Linux and GingerAle ones. Ginger Ale, you could even post them as a blog entry.

Thank you for all these constructive suggestions, it proves there is a demand! Don't forget you can participate yourself!

I would put a question mark. In more details, yes it is bounded in a range, but a question mark is still good enough to get the point.
Exactly. The point of the presentation is to 1) quickly 2) give an idea.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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January 15, 2015, 08:15:49 PM
 #19262

You may also know the minimum amount (or the exact amount) for some of the transactions. For example in this recent transaction it seems the amount sent is between 247 XMR and 297.40 XMR, so:
Code:
Between X and Y XMR sent (where X may be equal to Y)
?->?
This may lead to more questions then answers in this short video presentation (and even could mislead people). Maybe it should stay the way it's now.

Not entirely. I haven't looked carefully at the rules used by simplewallet but other wallets may use different rules, and there is nothing to prevent a wallet from deliberately adding extra inputs that aren't needed, increasing the amount of change (and further obscuring the amount of the payment). So for example, that 200 output could be change and not part of the amount being paid at all.

This could even be useful aside from privacy, as a way of consolidating outputs for lower transaction fees. Consider two examples:

1. The transaction 5.01 kb in its original construction. If the wallet adds another few inputs, bringing it up to 5.99 kb, so no added fee but an opportunity to combine some small outputs into one larger one (reducing the cost of future payments).

2. The change would be 1999, requiring three outputs. By adding an extra 1 to the inputs, the change is now 2000, which requires only one output, making both the current payment, and potentially future payments, smaller and cheaper.


It would be great to have such functionality implemented in a wise way. I may be wrong, but such a transaction reveals the minimum wallet amount of the sender at the time of the transaction. The receiver would know that you had at least 2000 XMR few minutes ago. You could manually send the exact amount + fee to another wallet and then send it to the receiver, but it would be even better if no manual user intervention is needed at some future time. Thank you for the answer.

About me | zRMicroArray - phase 2 - Gene Expression Analysis software | [Weed Like to Talk - Bulgaria] Start a wave of cannabis seminars in Europe | Monero weighted average price stats: moneroprice.i2p
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[XMR] Monero - A secure, private, untraceable cryptocurrency: 4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2u NXgDMqYhjJVmc6KX
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January 15, 2015, 08:31:45 PM
 #19263

Thus it is not a crowdfunding. It is a donation.
We asked many times (dev fund, hall of fame, MEW) and none of them worked. Maybe it was not announce the right way (like what you propose), but I still doubt it. That being said, why not try again, especially now that I have released xmrmonero.com

IMHO That is classic 'Selection Bias', http://en.wikipedia.org/wiki/Selection_bias.

People who have time and/or desire to read this forum periodically... they have just no enouh money to donate!
Also, Monero specifics such as Cryptonote technology is too sophisticated to be understood by masses.

But Monero benefits are understandable clearly ('total anonymity with mathematical proof').

One way to find investors is just 'scan all the friends of friends', being known for any two people un-dated there does exist a people chain of length not more 6, that connects that people via intermediate friends.

Who knows... May be via real life, or twitter, facebook, etc. you can achieve Elon Mask or Bill Gates, etc.?

Or you will find 10000 people willing to pay $.0.2 per day? (10000*$0.2=$2000 per day is a typical price of full time working day of dev team with some 5-7 members).

Summarizing that all, imagine ways that run outside this forum's plane!
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January 15, 2015, 08:40:07 PM
 #19264

I may be wrong, but such a transaction reveals the minimum wallet amount of the sender at the time of the transaction.

This is a good point, it does reveal something about the minimum amount held by the sender, and that minimum increases if more inputs+outputs are added.

Interesting how we are still figuring out some of the finer points of the cryptonote protocol after all these months!
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January 15, 2015, 08:45:07 PM
 #19265

Idea:  Development bond, denominated in XMR, sold for BTC, priced 100% over market at offer date.  Development bond pays 8% annual interest in XMR in quarterly coupons, 5 year maturity.  Seller hedges by buying enough XMR to redeem all bonds at maturity.  The result is that ~51% of the bond fix premium funds development, and 49% becomes an XMR profit to the buyer.

Buyer motivation:  Increase XMR holdings, while contributing to the appreciation of the value of XMR as a commodity.
Seller motivation:  Fund development with a fair offer.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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January 15, 2015, 10:41:22 PM
 #19266

Windows will be the most important platform to get right for the DB and GUI release. I am happy to test on Windows 7 and maybe 8.1. Are there any instructions?
Q


I can test too.  Window 8.0.  Include me in your noob instructions for windows Ginger_Ale when you have it ready.

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January 15, 2015, 10:43:39 PM
 #19267

Can someone explain to me when sending a payment what the mixin does?  Is there an ideal number to use?   Thanks
 

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January 15, 2015, 11:31:14 PM
 #19268

Can someone explain to me when sending a payment what the mixin does?  Is there an ideal number to use?   Thanks

It is a number of "fake" outputs that are used to construct your transaction such that an observer can't tell the difference between those fake outputs and yours. So this provides untraceability.

The larger the number the more fake outputs will be used so more ambiguity as to the real source and more untracability, however this will make your transaction larger and more expensive. For general use something like 3 is probably fine. If you have a particular transaction you really want to be very untraceable, you can use a higher number, 20, 100 or more (again at the cost of higher a transaction fee). Don't use 0 or 1 at all if you are concerned about privacy, although even if you did it wouldn't mean a particular transaction could instantly be identified as yours, it is more of a question of overall health of the system.

The animation under "Blockchain analysis resistance" here may be somewhat helpful: https://cryptonote.org/inside/

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January 15, 2015, 11:47:22 PM
 #19269

Can someone explain to me when sending a payment what the mixin does?  Is there an ideal number to use?   Thanks

It is a number of "fake" outputs that are used to construct your transaction such that an observer can't tell the difference between those fake outputs and yours. So this provides untraceability.

The larger the number the more fake outputs will be used so more ambiguity as to the real source and more untracability, however this will make your transaction larger and more expensive. For general use something like 3 is probably fine. If you have a particular transaction you really want to be very untraceable, you can use a higher number, 20, 100 or more (again at the cost of higher a transaction fee). Don't use 0 or 1 at all if you are concerned about privacy, although even if you didn't it wouldn't mean a particular transaction could instantly be identified as yours, it is more of a question of overall health of the system.

The animation under "Blockchain analysis resistance" here may be somewhat helpful: https://cryptonote.org/inside/




Ok that is crystal clear for me now.  Thanks smooth.

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January 16, 2015, 01:15:09 AM
 #19270

So I'm the process of transferring my money to a new wallet.
I have managed to transfer the most of it but now 0.120263669446 is left.

Now simplewallet refuses to transfer them to my new wallet. If I try to send the whole amount the transaction fee is about 0.21 so I can't send the total amount.
And if I try to send 0.01 the transaction fee is 0.17.

Does this mean the money is stuck in this wallet?
Isn't there any way to set the tx fee manually?

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January 16, 2015, 01:34:57 AM
 #19271

So I'm the process of transferring my money to a new wallet.
I have managed to transfer the most of it but now 0.120263669446 is left.

Now simplewallet refuses to transfer them to my new wallet. If I try to send the whole amount the transaction fee is about 0.21 so I can't send the total amount.
And if I try to send 0.01 the transaction fee is 0.17.

Does this mean the money is stuck in this wallet?
Isn't there any way to set the tx fee manually?


I think it's stuck. Miner pools used to payout tiny dust amounts, so you have tiny outputs that are now too costly to transfer with the current 0.001 XMR/kb fee. There's not really any way to set a custom tx fee, afaik, unless you build a custom daemon/wallet and then mine the transaction yourself, which is probably not worth the effort. On the plus side it's only worth about $0.02 USD at the moment, so not a huge loss...
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January 16, 2015, 01:36:48 AM
 #19272

So I'm the process of transferring my money to a new wallet.
I have managed to transfer the most of it but now 0.120263669446 is left.

Now simplewallet refuses to transfer them to my new wallet. If I try to send the whole amount the transaction fee is about 0.21 so I can't send the total amount.
And if I try to send 0.01 the transaction fee is 0.17.

Does this mean the money is stuck in this wallet?
Isn't there any way to set the tx fee manually?


I think it's stuck. Miner pools used to payout tiny dust amounts, so you have tiny outputs that are now too costly to transfer with the current 0.001 XMR/kb fee. There's not really any way to set a custom tx fee, afaik, unless you build a custom daemon/wallet and then mine the transaction yourself, which is probably not worth the effort. On the plus side it's only worth about $0.02 USD at the moment, so not a huge loss...

Sounds like that. My recommendation is to take that wallet (.keys file) and store it away securely. In few years if XMR increases in value those few coins might be worth a lot (and transaction fees in XMR will be lower).

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January 16, 2015, 03:31:39 AM
 #19273

hrm. This windows adventure is taking longer than i thought. Can't figure out how to get liblmdb in this msys thing. Perhaps this weekend I'll have something put together.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] 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! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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January 16, 2015, 04:05:40 AM
 #19274

I have just returned here after a period of absence, has the code been fixed since?
I was unable to send any transaction over 1 XMR in size, also there needs to be a GUI wallet that actually works.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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January 16, 2015, 06:22:17 AM
 #19275

Question: are exchanges and marketplaces always going to need to custom build the architecture to automate XMR deposits? We have this situation with Cryptsy where Monero is the top voted coin to be added to the marketplace, but they are too busy to do the work to change it. Can there never be a plug and play solution for exchange and marketplace owners? This is really a problem for all Cryptonote coins so Nicolas van Saberhagen, zoidberg, and anyone else in the Cryptonote family should be united with you guys (XMR devs) on this if nothing else.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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January 16, 2015, 10:23:47 AM
 #19276

The new tippero tipbot has learned a new trick!

Tippero now offers a provably fair dice game. You can play on IRC either in the #tippero channel, or directly with tippero (ie, /query tippero).

Basic use: !dice 0.1 1.5

This bets 0.1 monero for a 150% payout if you win. Multipliers can go from 0.1 to 10. House edge is 1%. Minimum bet 0.001 monero, maximum bet 5 monero.

See available dice commands with !commands dice. Game overview with !help dice. For an explanation of how the provably fair system works, see !fair. There is even sample Python code supplied to check fairness of past rolls.


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January 16, 2015, 10:53:57 AM
 #19277

I have just returned here after a period of absence, has the code been fixed since?
I was unable to send any transaction over 1 XMR in size, also there needs to be a GUI wallet that actually works.

I'm not sure what specifically you're asking that needed to be fixed - we've had tons of bugs that we've squashed and continue to squash:) You may want to read our "Year in Review" Missive: https://forum.monero.cc/1/news-and-announcements/134/monday-monero-missives-22-year-in-review-january-5th-2015

We've never had an issue with transactions over 1 XMR in size in our entire history. If you had a specific issue (such as a lot of dust and transactions needing to be split) then that's a specific problem that you'd have to address by sending larger amounts to a separate wallet to clear out the dust.

There does need to be a GUI wallet that actually works (if you are loathe to use https://mymonero.com to transact), and if you'd like to see that happen then our donation address is donate.monero.cc (which resolves to 46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8a HYjA3jk3o1Bv16em if you need to double-check)

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January 16, 2015, 11:00:40 AM
 #19278

I have just returned here after a period of absence, has the code been fixed since?
I was unable to send any transaction over 1 XMR in size, also there needs to be a GUI wallet that actually works.
We've never had an issue with transactions over 1 XMR in size in our entire history. If you had a specific issue (such as a lot of dust and transactions needing to be split) then that's a specific problem that you'd have to address by sending larger amounts to a separate wallet to clear out the dust.

Actually there has been in the early mining days a problem with the big transactions if you were small miner or in a (too) bog pool: your wallet was full of dust and 1 XMR was too big for a transaction. I had that myself.
But meanwhile the pools started sending bigger "chunks" of payment and most of us don't really have dust anymore in the wallets, hence the problem is not existing anymore.
Now, since the tx fee is based on the transaction size, if you still have old wallet with dust, you may have to pay quite a lot for some of the transactions - see https://bitcointalk.org/index.php?topic=583449.msg10170580#msg10170580



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fluffypony
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January 16, 2015, 11:07:15 AM
 #19279

I have just returned here after a period of absence, has the code been fixed since?
I was unable to send any transaction over 1 XMR in size, also there needs to be a GUI wallet that actually works.
We've never had an issue with transactions over 1 XMR in size in our entire history. If you had a specific issue (such as a lot of dust and transactions needing to be split) then that's a specific problem that you'd have to address by sending larger amounts to a separate wallet to clear out the dust.

Actually there has been in the early mining days a problem with the big transactions if you were small miner or in a (too) bog pool: your wallet was full of dust and 1 XMR was too big for a transaction. I had that myself.
But meanwhile the pools started sending bigger "chunks" of payment and most of us don't really have dust anymore in the wallets, hence the problem is not existing anymore.
Now, since the tx fee is based on the transaction size, if you still have old wallet with dust, you may have to pay quite a lot for some of the transactions - see https://bitcointalk.org/index.php?topic=583449.msg10170580#msg10170580

The old dust problem is what I was alluding to, but again - that wasn't an issue specific to "transactions > 1 XMR" necessarily (it would depend on the miner's capacity and what there payouts were etc.) The pool software was patched for that ages ago, and we added transaction splitting to simplewallet quite early on as well.

David Latapie
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January 16, 2015, 12:35:08 PM
 #19280

Question: are exchanges and marketplaces always going to need to custom build the architecture to automate XMR deposits?
Eventually, no. Meanwhile, coding takes time.

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