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

[aloney]

Noodle is doing some final tests on Windows and will begin testing on Linux. He expects hashrate should increase across all architectures. I can confirm a 5x increase on an i7 quad-core + Windows 7 64-bit.

Please be patient. These are actual changes to the program, not just a switch that gets flicked on. It needs testing.

good news , thank you eizh, now the hashrate increase twice just this day, hope this new tool chould make the mining more fair

[surfer43]

NoodleDoodle will release his un-de-optimizations later. Please, wait for him to test the bug fixes extensively on every platform to ensure they don't break the extreme stability of Monero or give linux an advantage over windows.

[haggis]

Man, I would join this coin if it wouldn't be already that expensive. At the current rate of .0012BTC and max 18.4m coins it has already a market cap of > $9m

[policymaker]

how much time to sync without the blockchain? I cant realize where to put the chain in order for the wallet to use it. srsly.

[BlockChains]

And remember that CN coins anonymity doesn't rely on master nodes so it is better than darkcoin. i cant see a reason why monero cant also be in the millions once news of it are spread Though we still need a nice GUI and pools.

Yeah. The main thing that made me a (tentative) believer in CN is that AnonyMint didn't seem to have many objections. He's pretty good at rippingholes in things.  His main contention was that it will be hard to prune the blockchain. As data storage is cheap and getting cheaper I don't find that to be a serious drawback.  

With masternodes I'm pretty sure the intelligence arm can backdoor into all of them and thus DRK is rendered just as transparent as the traditional cryptos.

[BlockChains]

Man, I would join this coin if it wouldn't be already that expensive. At the current rate of .0012BTC and max 18.4m coins it has already a market cap of > $9m

The Market Cap at least on Coinmarketcap.com doesn't factor in eventual supply, only present supply.  If we assume that in 2 months there are a lot of the typical features associated with alts and a supply of ~2 million coins in the market place then even a price of .0015 XBT at that time will be around $1.35 Million at present XBT/USD rates. 

DRK coin currently has a $25 million market cap and at full issuance (~22 million coins) would be worth ~$129 Million.  So I have to say $9 Million full issuance market cap is looking quite cheap.

[BoscoMurray]

how much time to sync without the blockchain? I cant realize where to put the chain in order for the wallet to use it. srsly.

long time.

are you on windows 7 or 8? If so, it goes here: C:\Users\%username%\AppData\Roaming\Bitmonero\blockchain.bin

[Spollie]

Another mining pool is up at http://monerominers.com/pool or http://46.249.39.82/pool for those with a slow dns It's a fast server based in Europe, so go right ahead and start mining

To start mining:
simpleminer --pool-addr=46.249.39.82:5555 --login=<wallet address> --pass <password>

Payouts don't work yet, but will be done manually for now.

Happy mining!

[anonymousxx1503]

And remember that CN coins anonymity doesn't rely on master nodes so it is better than darkcoin. i cant see a reason why monero cant also be in the millions once news of it are spread Though we still need a nice GUI and pools.

Yeah. The main thing that made me a (tentative) believer in CN is that AnonyMint didn't seem to have many objections. He's pretty good at rippingholes in things.  His main contention was that it will be hard to prune the blockchain. As data storage is cheap and getting cheaper I don't find that to be a serious drawback.  

With masternodes I'm pretty sure the intelligence arm can backdoor into all of them and thus DRK is rendered just as transparent as the traditional cryptos.

What I'm wondering is what Evan has reserved for V2 of Darkcoin. Ring Signatures have been announced but what I'm wondering is how they integrate into the Masternode concept. It's gonna be interesting to see. I don't think anoncoin is any competition right now, the runners are Darkcoin, Monero and Zerocash whenever it comes out. Let's see!

[GreekBitcoin]

Man, I would join this coin if it wouldn't be already that expensive. At the current rate of .0012BTC and max 18.4m coins it has already a market cap of > $9m

why would you calculate market cap with max supply when this will happen in about 8 years from now?

[blaaaaacksuit]

Man, I would join this coin if it wouldn't be already that expensive. At the current rate of .0012BTC and max 18.4m coins it has already a market cap of > $9m

why would you calculate market cap with max supply when this will happen in about 8 years from now?

Market cap is usually pretty meaningless with alts.  Initial coin value is usually set by the quality of the coin.  It seems to me like higher values later are set by pump teams.  Or the occasional rumor of real world adoption etc.

[eizh]

Pool owners,

Please PM me your URLs so I can start listing them in the OP. Just as a heads up, I will temporarily delist any pool that gets too big (>20% of the network).

So far I have:

http://moneropool.org/
http://extremepool.org/
http://monerominers.com/pool

[GreekBitcoin]

Pool owners,

Please PM me your URLs so I can start listing them in the OP. Just as heads up, I will temporarily delist any pool that gets too big (>20% of the network).

So far I have:

http://moneropool.org/
http://extremepool.org/
http://monerominers.com/pool

i think its moneropool.com

[BlockChains]

What I'm wondering is what Evan has reserved for V2 of Darkcoin. Ring Signatures have been announced but what I'm wondering is how they integrate into the Masternode concept. It's gonna be interesting to see. I don't think anoncoin is any competition right now, the runners are Darkcoin, Monero and Zerocash whenever it comes out. Let's see!

I know Evan said that but two problems jump out right away when I read that.  

1.  Switching to a non masternode concept would incentivize a significant percentage of those who bought 1000 hoping for passive income to dump their holdings.

2.  I'm not sure it could really even be done as a standard fork while piggy backing on a coin that is based of BTC algorithm. The only way I can see it really working is if he creates a whole new cryptonote coin, names it Dark (2 or something) and then offers an exchange like 1 old dark for 1 new dark to the holders, similar to what CaiShen just did.

I don't really see a problem with him implementing it, but it would definitely put a damper on the price for a while and in that case why not just be in Monero. It's already here, already uses CryptoNote and has more Hero members sniffing its ass than any Alt I've seen in a while.

That's not to write Evan and Dark off completely. I'd like an eduffield CryptoNote coin as the man is clearly extremely innovative, works his ass off and it would be really neat to see what he does with it. I'd love to see some healthy competition in the exciting new sphere of CryptoNote coins.

[eizh]

i think its moneropool.com

Oh, they seem to be two separate pools.

[surfer43]

i think its moneropool.com

Oh, they seem to be two separate pools.

Yes, they are separate pools. Is anyone getting "400 Bad Request" when trying to access moneropool.org?

[Spollie]

i think its moneropool.com

Oh, they seem to be two separate pools.

Yes, they are separate pools. Is anyone getting "400 Bad Request" when trying to access moneropool.org?

Yep, bad request.

[Broker69]

Number of MRO in existence so far?

Around 740000. I multiply number of blocks which is almost 43000 with an avergae block payout which i put 17.2.

Thanks! That means the Monero marketcap is around $300,000 as of now

And Dark Coin's is $25 Million, so a lot of potential here.

And remember that CN coins anonymity doesn't rely on master nodes so it is better than darkcoin. i cant see a reason why monero cant also be in the millions once news of it are spread Though we still need a nice GUI and pools.

need some help, please.

I read read up on the darkcoin dev history threads that the master nodes are useful to provide random mixing. the price of having a node is to make it costly to game the network. the anonymity is not native, that is a given.

They also have ring signatures, I2P and IP obfuscation planned. Not sure that some of this will actually work with the master node network.

Before I put any more into MRO, will MRO be able to convince people invested in darkcoin to switch away or attract new investors given the exposure darkcoin is having?

[policymaker]

how much time to sync without the blockchain? I cant realize where to put the chain in order for the wallet to use it. srsly.

long time.

are you on windows 7 or 8? If so, it goes here: C:\Users\%username%\AppData\Roaming\Bitmonero\blockchain.bin

thank you very much, it synched alright, but now when I open my wallet.bin it says it couldnt connect to daemon host:8080 w/e ....

[eizh]

need some help, please.

I read read up on the darkcoin dev history threads that the master nodes are useful to provide random mixing. the price of having a node is to make it costly to game the network. the anonymity is not native, that is a given.

They also have ring signatures, I2P and IP obfuscation planned. Not sure that some of this will actually work with the master node network.

Before I put any more into MRO, will MRO be able to convince people invested in darkcoin to switch away or attract new investors given the exposure darkcoin is having?

The perception of "costly" is very different for you and me vs. a large entity (a company or a government). If they want to game it, they can and will. Altcoin markets are so tiny in the grand scheme of things that even rich individuals can game it. Another thing to note is that the vast majority of masternodes are in various VPS services (http://drk.poolhash.org/darksend.html). Amazon by itself is over 40% of all masternodes and another called OVH is about 25%. We already know tech companies give data to governments without notifying us. So even an honest individual might be running a masternode keeping logs.

Also, promising ring signatures is very different from delivering it. Darkcoin developers aren't professional cryptographers. Copy-pasting CryptoNote code into the BTC code and trying to fix it is probably a hopeless endeavor. If they ever did manage to get their own implementation, my concern is that the market will crash when several hundred thousand DRK locked up in masternodes enters the supply. Hopefully they'll find a way out of this (if they try to go down this path).

There's definitely scope for marketplace competition between multiple implementations in the privacy sphere. It would be pretty boring if everyone adopted ring signatures.