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

[farfiman]

Hi
Only to know : do you think it's worth mining Monero on my

Intel Core i7 950 @ 3.07GHz
12,0 Go Triple-Channel DDR3 @ 532MHz (7-7-7-20) Corsair (3*4) CMX12GX3M3A2000C9
Gainward Golden Sample GeForce GTX 460 1023MB (I can overclock it quite easily)

?

If yes, what miner (Windows 10 x64) do you advice me, please  ? Never mined any coin ! 

Thanks 

If you pay any reasonable amount on power then you cant even come out even.
The I7 950 doesn't support AES which is needed to get any normal hashrate.
Also the gtx460 is probably a loser

[1714687027]

1714687027

[1714687027]

1714687027

[1714687027]

1714687027

[1714687027]

1714687027

[1714687027]

1714687027

[1714687027]

1714687027

[dEBRUYNE]

Regarding the implementation and timeline of Monero Confidential Transactions (CT), I spotted the following Q&A on r/monero:

this will cause a moonshot eventually. I hope it does not take years to implement

&

I don't think it will be that long -I have like one bit of unrelated research I need to finish, which hopefully is almost done, and then I should have a couple of free days to spend on it.

[TRilon]

Size blokchain currently more than 9 GB, it takes a lot of space on the storage system ssd. There is a lite version?

[luigi1111]

My first report on 0.9 beta release

+ Windows 7
+ Sync from start to block 797721: take more than a day
+ Database size after sync-ed: data.mdb 9,437,187 KB (9.4 GB) (block 797721)
+ Memory:

   Private Working Set): 21,277 KB (21 MB)
   Commit Size: 109,880 KB (109 MB)
   Working Set: 38,040 KB (38 MB)

+ Startup time: About 2 seconds
+ Exit time: About 3-5 seconds

Huge improvements over 0.8.8 release!

Nice report! The bolded is probably due to a slow connection or a HDD. It takes around 45-60 min to fully sync from scratch on an SSD and it took me around 4 hours on a HDD.

Just to clarify, 9,437,187 KB is 9.00000 GB, not 9.4.

[smoothie]

They don't sound like smart guys at all. They should make a favor to themselves and avoid talking blindly on matters they have no clue about.
It's false that there is no developer working on Monero. It's false that there is no peer-review, or people judging the fungibility and privacy degrees of various approaches proposed here and there.

They sound truly idiotic to me, like somebody only knowing addition and then mocking multiplication with a mocking voice "yeah mmm multiplication... it's backed by maths. Hahaha...".

That's what bothers me about this one, because on other Bitcoin topics, they're actually spot on.

So is this a case of misfortunate ignorance?

In like a year they will retract their statements and support it?

I heard so many people say they blew off bitcoin the first time they heard of it (Andreas A. included) and then 6 months to 1 year later they realize how big of a mistake they made by dismissing it the first time around.

We aren't all perfect so this could be a simple case of that.

[binaryFate]

[...]

So is this a case of misfortunate ignorance?

In like a year they will retract their statements and support it?

I heard so many people say they blew off bitcoin the first time they heard of it (Andreas A. included) and then 6 months to 1 year later they realize how big of a mistake they made by dismissing it the first time around.

We aren't all perfect so this could be a simple case of that.

Not being interested and dismissing is one thing, talking on a topic while being completely ignorant is another one. That's what happen constantly with mainstream journalists writing clichés, exagerations, crap emphasis and plain wrong statements on Bitcoin (and crypto in general). I don't see a reason why to forgive to those guys more than to the journalists not doing their job. In fact it's worse: these guys are somehow in the crypto space already, they could check facts and read stuff very easily, so it's harder to conceive how they dare to talk dumb like this.

Did you see Andreas making a video or a podcast or a written article the very first time he heard about Bitcoin? No, because he simply dismissed it, he didn't invent whatever crap about it.

[XMRpromotions]

Further criticism of Monero from junseth on the latest Bitcoin Uncensored, at the 1 hour, 2 minute, 39 second mark:
https://soundcloud.com/bitcoinuncensored/e12-touchy-subjects-102515

I don't know if you can call that criticism. Seems more like ignorance.

He's a smart guy who's right about a number of things, but I've told him that he's coming across as trolling in this latest one, rather than learning more about ring signatures and just reading/digesting what fluffypony has written to him here: https://www.reddit.com/r/Bitcoin/comments/3ojjkq/can_someone_help_me_understand_the_claims_of/cvxwq10

Unfortunately, junseth also doesn't like walls of text, so there may be little hope.

They don't sound like smart guys at all. They should make a favor to themselves and avoid talking blindly on matters they have no clue about.
It's false that there is no developer working on Monero. It's false that there is no peer-review, or people judging the fungibility and privacy degrees of various approaches proposed here and there.

They sound truly idiotic to me, like somebody only knowing addition and then mocking multiplication with a mocking voice "yeah mmm multiplication... it's backed by maths. Hahaha...".

Read the comments:
https://soundcloud.com/bitcoinuncensored/e12-touchy-subjects-102515

They asked Flullypony if he would like to be on the show! Sounds like a good opportunity.
Bitcoin Uncensored says at 0:02:
@riccardo-s-705508983: Want to be on the show?

[smoothie]

Further criticism of Monero from junseth on the latest Bitcoin Uncensored, at the 1 hour, 2 minute, 39 second mark:
https://soundcloud.com/bitcoinuncensored/e12-touchy-subjects-102515

I don't know if you can call that criticism. Seems more like ignorance.

He's a smart guy who's right about a number of things, but I've told him that he's coming across as trolling in this latest one, rather than learning more about ring signatures and just reading/digesting what fluffypony has written to him here: https://www.reddit.com/r/Bitcoin/comments/3ojjkq/can_someone_help_me_understand_the_claims_of/cvxwq10

Unfortunately, junseth also doesn't like walls of text, so there may be little hope.

They don't sound like smart guys at all. They should make a favor to themselves and avoid talking blindly on matters they have no clue about.
It's false that there is no developer working on Monero. It's false that there is no peer-review, or people judging the fungibility and privacy degrees of various approaches proposed here and there.

They sound truly idiotic to me, like somebody only knowing addition and then mocking multiplication with a mocking voice "yeah mmm multiplication... it's backed by maths. Hahaha...".

Read the comments:
https://soundcloud.com/bitcoinuncensored/e12-touchy-subjects-102515

They asked Flullypony if he would like to be on the show! Sounds like a good opportunity.
Bitcoin Uncensored says at 0:02:
@riccardo-s-705508983: Want to be on the show?

I support Fluffypony going on their show to educate them on what monero is and to answer their questions/concerns.

[mmortal03]

I support Fluffypony going on their show to educate them on what monero is and to answer their questions/concerns.

I do hope he goes on, but he should make sure to listen to some past episodes of Bitcoin Uncensored to at least prepare himself for the possibility of junseth showing him his butt.

[Hueristic]

So I figured I would post about where I am at in the source code and give some perspective on what is going on and how complex it is (well to me it is):

The transfer RPC command used in simplewallet.cpp references the following function:
.  
.  
.  
.  

Trust me there is much more going on in other places of the code on a bit-wise level of shifting bits LEFT and RIGHT etc in the portion that creates your secret/view keys etc when you create an ACCOUNT in simple wallet. <---- very complex math

 
  
Meh.  I'm not impressed.  Looks like something any 'ol Russian scammer could cobble together (though I'm sure the Monero devs have cleaned up & annotated the code a little).    
  
Show me some polynomial time code that solves traveling salesman and I'll be impressed (and it has to be under 100kb in size, including comments - entries will be disqualified for being over the 100kb limit; some other Russian kid tried to show me he solved traveling salesman with a function time of O(36n+17), but the code was over 4MB.... sorry, read the rules slacker).

Not sure what the traveling saleman topic has to do with code.

lol

Are you reading too deep into things as the RPC command is "transfer" not "travel". 

http://www.diku.dk/~sropke/Papers/The%20Traveling%20Salesman%20Problem%20with%20Pickup%20and%20Delivery%20-%20Polyhedral%20Results%20and%20a%20Branch-and-Cut%20Algorithm.pdf

Further criticism of Monero from junseth on the latest Bitcoin Uncensored, at the 1 hour, 2 minute, 39 second mark:
https://soundcloud.com/bitcoinuncensored/e12-touchy-subjects-102515

I don't know if you can call that criticism. Seems more like ignorance.

He's a smart guy who's right about a number of things, but I've told him that he's coming across as trolling in this latest one, rather than learning more about ring signatures and just reading/digesting what fluffypony has written to him here: https://www.reddit.com/r/Bitcoin/comments/3ojjkq/can_someone_help_me_understand_the_claims_of/cvxwq10

Unfortunately, junseth also doesn't like walls of text, so there may be little hope.

Comment by Riccardo S

Urgh. Honestly, I want to like you, but some of the stuff you say is incredibly ignorant. You talk about Monero's ring signatures & then make a puerile "it's backed by math" remark without understanding standard cryptographic models & how cryptographic proofs work. You criticise ring signatures without comprehending the very old cryptography that they use (albeit in a novel way). Then you make an off-the-cuff remark about lacking entropy in the chain, which is on the one hand provably false (computing the list of mixable txos for denominations is trivial, & there are hundreds of thousands of them), & also largely irrelevant because you can mix with yourself without an attacker being able to ascertain that you are doing so. PLEASE do yourself a favour & educate yourself before making remarks that are so clearly incorrect. Two relevant resources: my talk from Bitcoinference - https://www.youtube.com/watch?v=GEVm1dMn5Ks; the Monero Research Lab bulletins: https://lab.getmonero.org
2015/10/26 12:37:40 +0000

LOL

[MoneroMooo]

After looking at the code for the exit/input stuff, it seems that, on Windows, there is no code to wait for input to be available before calling a (blocking) input retrieval function (there is on other platforms). This means that, on Windows, the blocking call will be done as soon as the reader function is ready to do so, and so it will never notice that another thread set the m_run flag to ask for exit.

So the only chance to exit via the "exit" command on Windows would seem to have the reader thread start on another round of reading after stop was called by the just processed exit command. Which sounds unlikely.

So I don't need anymore someone who can repro and test stuff. Instead, we need to find a coder with Windows.

[wpalczynski]

Hello!

Discount

My first Monero art.

Original painting with certificate

Monero Bits

270 USD

190 USD

Free shipping

click to ZOOM

My abstract paintings thread
https://bitcointalk.org/index.php?topic=361155.0

My BITCOIN PEAKS scupltures thread
https://bitcointalk.org/index.php?topic=1035826.0

Official gallery
www.starttheart.blogspot.com

That painting looks nice.

[Ratatosk]

Hi, as Jojatekok decided to stop working on MoneroX wallet, I would like to know if last 1.2.2 version will be compatible with Monero 0.9, please ?

Hello everyone, sorry for being so speechless in the past months. I'm writing to tell that I have no more time to focus on the development of MoneroX. Although this is the best project I ever made, I decided to discontinue it and move on to develop something else.

I sincerely love Monero as a cryptocurrency, and the community behind it: this is especially true for the people who were reporting bugs and suggesting new features to be added to MoneroX. As I'll be turning 18 this year, I will have tons of more important things to do regarding school, thus, I may only have the chance to work on one project at a time. I have already learnt a lot about software development, and decided that I should finally start working on a project which - if successful - I would release under my real name. (I haven't yet made any significant work under my own name.)

Hopefully, I will have time to occasionally check what's going on with this awesome digital currency. I will never forget the people who are/were supporting Monero and my project. Thank you for the kind comments and donations, and I wish you all the best!

[Drhiggins]

We are approaching very soon 10 million XMR mined since May of 2014.  I want to know is there a limit to how many XMR can be mined?  I can't remember if there is a cap.  Is it true the new release 0.8.8.9 will slow the blocks down from 1 minute to 2 minute finds?  Or do I have that right?

Oh and who ever pointed all or some of their hashing power at Monerohash.com over the last few days thanks for spreading the hashing out some.  Makes the network better IMO.

[luigi1111]

We are approaching very soon 10 million XMR mined since May of 2014.  I want to know is there a limit to how many XMR can be mined?  I can't remember if there is a cap.  Is it true the new release 0.8.8.9 will slow the blocks down from 1 minute to 2 minute finds?  Or do I have that right?

Oh and who ever pointed all or some of their hashing power at Monerohash.com over the last few days thanks for spreading the hashing out some.  Makes the network better IMO.

There is no cap. According to my spreadsheet, maintenance emission (157,680 XMR / year) will kick in when ~18,132,307 XMR have been mined; it should occur around 2022-05-31.

Yes it is planned to double blocktime. Emission parameters will of course be changed to match (so they are the same as now).

[Drhiggins]

We are approaching very soon 10 million XMR mined since May of 2014.  I want to know is there a limit to how many XMR can be mined?  I can't remember if there is a cap.  Is it true the new release 0.8.8.9 will slow the blocks down from 1 minute to 2 minute finds?  Or do I have that right?

Oh and who ever pointed all or some of their hashing power at Monerohash.com over the last few days thanks for spreading the hashing out some.  Makes the network better IMO.

There is no cap. According to my spreadsheet, maintenance emission (157,680 XMR / year) will kick in when ~18,132,307 XMR have been mined; it should occur around 2022-05-31.

Yes it is planned to double blocktime. Emission parameters will of course be changed to match (so they are the same as now).

Thanks for the info :-) 

[TooDumbForBitcoin]

Please XMR community/devs - don't let these changes turn XMR into a pozni!

[dEBRUYNE]

Please XMR community/devs - don't let these changes turn XMR into a pozni!

Could you elaborate? The only thing that is being changed is the blocktime, everything else stays the same. Thus, the blockreward will effectively be the same, only instead of being rewarded every minute, it will now be rewarded every 2 minutes (the blockreward will be adjusted for that). Also, the perpetual inflation has been known from the start since it was posted in the ANN.

[OrientA]

Please XMR community/devs - don't let these changes turn XMR into a pozni!

Less than 1% inflation is acceptable as it will compensate the lost coin and commensurate with the economic growth. Assuming economic growth of 1% a year and lost coin of 0.1% a year, the effective value of monero increase 0.1% a year.

[myagui]

Please XMR community/devs - don't let these changes turn XMR into a pozni!

Less than 1% inflation is acceptable as it will compensate the lost coin and commensurate with the economic growth. Assuming economic growth of 1% a year and lost coin of 0.1% a year, the effective value of monero increase 0.1% a year.

Looks like TooDumbForBitcoin was somewhat confused by the possible change to double the block spacing. To be perfectly clear, if/when block spacing changes, the block reward will change as well, such that in the end, the daily emission is exactly the same as before. No changes, no ponzi...

Or was this about something else?