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

[GreekBitcoin]

Monero Status android App/Widget update:
https://play.google.com/store/apps/details?id=tr.monerostatus

Support for hard fork added.

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[smooth]

In my time following this coin I haven't seen the hash rate this low  10.7MH/s  I guess there are still pools out there that haven't updated.

Hash rate fluctuates regularly:



Nevertheless, it is likely true that some pools and miners are offline (though far less than some of the alarmist claims that have been made here), making this a good time to mine. Don't miss the opportunity!

[equipoise]

You could now get 3 months of KVM Linux VPS Service for 1$ per month (the price is valid for the first 3 months and after that period the price is $11.69 per month, so you should disable recurring payment if you want to keep the node just for the first 3 months). I just bought one for a Monero node and Monero is now compiling. 20 GB Disk Space, 300 GB Traffic, 1024 MB RAM, 1 CPU Core(s), CentOS/Debian/Ubuntu 64 bit. You could order it from here: moonero.duoservers.com (go to VPS Servers -> KVM VPS Servers. For hostname you could enter any valid domain or sub-domain and it's not even needed to be a domain over your control). I won't get anything from those 3$, but any other services ordered from there will bring me varying % profit from the sell. 50% of profits from there (if any) will go to Monero development.

Wait I'm a little bit confused.. 1) can you pay with XMR? (Maybe through XMR.to?) 2) why do you need to provide some random domain when you are going to be personally using it for your node?

Edit: also I see it says ~$4 a month

You could send me in XMR (and some extra for the setting time and monitoring) and I could set the node for you and give you the node IP to monitor it if it's working as a full node next 3 months. On the site you could only pay with USD - it's 3.00$ + 20% VAT = 3.60$ for the full 3 months promo period - you'll have full ssh access to the node, but you should set it yourself. I'm not sure why they need the random domain, but that's the way it's working.

Note: If you set it yourself you should first sync with "./bitmonerod --db-sync-mode fastest:sync:12000 --add-exclusive-node xxx.xxx.xxx.xxx:18080 --p2p-bind-ip 127.0.0.1" to save some bandwidth during the initial sync. Then you should restart the node normally (with --detach) after sync and maybe set upload limit to be sure you won't hit the 300 GB Traffic limit. You could monitor the traffic with "vnstat" to see if upload limit is needed.

[robinson5]

When RingCT is implemented will we still be able to monitor the total money supply?

[smooth]

When RingCT is implemented will we still be able to monitor the total money supply?

Yes. Every RingCT transaction will have outputs = inputs (therefore no change to the total money supply). This is mathematically proven and it won't be deployed until both the theory and implementation are thoroughly reviewed to ensure that it is the case.

The only way new coins will be created is via coinbase transactions which will still be visible. Coinbase transactions will not use RingCT, and indeed they can't because they don't have inputs.

[robinson5]

When RingCT is implemented will we still be able to monitor the total money supply?

Yes. Every RingCT transaction will have outputs = inputs (therefore no change to the total money supply). This is mathematically proven and it won't be deployed until both the theory and implementation are thoroughly reviewed to ensure that it is the case.

The only way new coins will be created is via coinbase transactions which will still be visible. Coinbase transactions will not use RingCT, and indeed they can't because they don't have inputs.

Wow so unless I'm missing something it sounds like Zcash without needing to trust that coins aren't being minted and you can't know because with monero you can still tell how many coins are in circulation.  What are coinbase transactions? Thanks

[smooth]

What are coinbase transactions?

That's another term for mining.

Bear in mind that Zcash's math also is supposed to ensure that every transaction has outputs = inputs. The main differences are:

1. The RingCT math is orders of magnitude simpler. I can almost understand it, and that's saying a fair amount (not a cryptographer).

2. Zcash has the trusted setup which, if compromised in any way, will allow coins to be created without any possibility of detection. RingCT has no trusted setup.

[bitebits]

Note: If you set it yourself you should first sync with "./bitmonerod --db-sync-mode fastest:sync:12000 --add-exclusive-node xxx.xxx.xxx.xxx:18080 --p2p-bind-ip 127.0.0.1" to save some bandwidth during the initial sync. Then you should restart the node normally (with --detach) after sync and maybe set upload limit to be sure you won't hit the 300 GB Traffic limit. You could monitor the traffic with "vnstat" to see if upload limit is needed.

I would advise against that. Currently you don't exceed ~100GB per month + you don't want to criple the node.

[aiwe]

There is enough
278.475450179850 xmr including unlocked dust
   1.247663779850

I wonder why balance differs after two digits after comma where dust begins. I am not good at math

[edit]: I am OK with that unusable dust, just hope everything works correctly.

From IRC:

<moneromooo> I think the <1e-2 part should be the same, yes. Maybe I'm missing a case.
<moneromooo> The sweep_dust failure is likely because it's dust that's too small, that is it's less than amount needed to send itself.
<moneromooo> Nothing can be done about those, except wait to see if fees go down later.
<moneromooo> One *could* pair a large output with a tiny dust one, and send, but you'd lose the dust and more of the large output than the dust, so rather pointless.

Thank you for your time. I'll just leave it as it is. It's a 'hot wallet' anyway. I just wanted to try this command sweep_dust and found this error interesting.

OK, now after fork I decided to try again. Now it lets me 

Code:

 sweep_dust
Sweeping 1.256077939850 for a total fee of 0.060000000000.  Is this okay?  (Y/Yes/N/No)Y
Error: transaction <143fafd751ccc6f1530e608f5db7acc393590651deb559c2d965df976ecc6f71> was rejected by daemon with status: Failed

daemon says

Code:

2016-Mar-24 09:19:14.124499 [RPC1]Tx <143fafd751ccc6f1530e608f5db7acc393590651deb559c2d965df976ecc6f71> has too low mixin (0), and more than one mixable input with unmixable inputs
2016-Mar-24 09:19:14.127498 [RPC1]tx used wrong inputs, rejected
2016-Mar-24 09:19:14.128999 [RPC1]Transaction verification failed: <143fafd751ccc6f1530e608f5db7acc393590651deb559c2d965df976ecc6f71>
2016-Mar-24 09:19:14.130499 [RPC1][on_send_raw_tx]: Failed to process tx

I must have screwed up something Gonna live with dust forever.

[smooth]

I must have screwed up something Gonna live with dust forever.

I don't think so. Looks like an issue in the code. We'll look into it.

[Ayers]

what services are coming, or features to monero that may increase its usage? the value seems stagnant for long time already

[meme magic]

well you can buy foreign artwork with it now.

and people are taking it to set up nodes

you can loan it out for interest income

every once in a while atrides posts in the openbazaar thread.

you can put it in a trezor and a pi now

oh theres 32 bit binaries

pending review theres a proposed multisig implementation as well.

Are there any faucets for xmr?
Thanks!  

hey did you get missed during the forkening?

cryptokingdom.me is kind of like a faucet.

[smooth]

what services are coming, or features to monero that may increase its usage? the value seems stagnant for long time already

Please stop sigspamming.

[elrippo]

If you remeber, i urged the community to vote for [XMR] on https://www.cryptopia.co.nz
We won the voting and we where told, that [XMR] will be handed with priority on October 2015, see my support ticket and the answer ->

Code:

#4046 - [XMR] Monero
Category: 	Exchange
Status: 	Closed
Opened: 	10/14/2015 6:47:48 PM
Last Update: 	10/17/2015 1:08:03 AM
Ticket description:

Dear support,
would you be so kind to give me an estimate when XMR Monero will appear in the exchange?

Kind regards,
elrippos

Code:

    Sender: sa_ddam21310/14/2015 10:19:55 PM


                            Hi,

    Unfortunately we don't have an estimate at this time as we need to make several changes to our platform to support Monero. and other CryptoNote coins.

    However we are working on this as a priority :)



    Thanks                

It's been a while and yesterday i asked about the implementation of [XMR] and got an answer ->

Code:

#5506 - [XMR] Monero Trading
Category: 	Exchange
Status: 	Closed
Opened: 	3/23/2016 11:01:31 AM
Last Update: 	3/24/2016 1:11:41 AM
Ticket description:

Dear support,

would you be so kind to tell me when you will start deploying [XMR] Monero for Exchange and Trading.
My last asking was in October 2015 and you stated you are working on priority.

I hope you did not miss the trading volume on Poloniex for Monero, at the average above 1K BTC daily.
I may urge you to deploy Monero as fast as you can with release 0.9.3

Kind regards,
elrippos

Code:

    Sender: sa_ddam2133/24/2016 1:11:18 AM


                            Hi,

    XMR is currently still being tested in our backend, there are still a few issues with the wallet using excessive amounts of memory and random crashes we are trying to resolve, this has required us to build a monitoring service for XMR which has extended the time to get this coin integrated.

    Once these last few problems are resolved XMR will be enabled on the site.



    Thnaks
                        

Since he stated of massive RAM usage i urged the usage of the 0.9.x binaries today, answer will be posted as soon as they respond ->

Code:

#5519 - [XMR] Monero implementation with DB support instead of RAM usage
Category: 	Exchange
Status: 	New
Opened: 	3/24/2016 9:17:23 AM
Last Update: 	3/24/2016 9:17:23 AM
Ticket description:

Dear Support,

if you want to implement [XMR] quickly, you should install the latest [1] [2] 0.9.x binaries with DB support, instead of using oldish binaries with massive RAM usage.
You can also use [3] instructions for your platform to make your live easier.

I urge you to implemet Monero for your prosperous business.

Help can be found on the [4] official HP with DEV support.

[1] https://getmonero.org/downloads/
[2] https://github.com/monero-project/bitmonero
[3] https://moneroxzfonkazxc.torstorm.org/
[4] https://getmonero.org/

If i can assist you, get back to me!

Kind regards,
elrippos

[explorer]

If you remeber, i urged the community to vote for [XMR] on https://www.cryptopia.co.nz

Never heard of this, so I had a look:

Exchange Summary
Total Markets: 1535
Total Trades(24 hours): 3938

Haven't heard of 90% of the coins listed either.  Not that I look much at that stuff, but still. 

Trading XMR would likely blow the top right off the exchange.  One bot would increase their volume by an order of magnitude

[elrippo]

If you remeber, i urged the community to vote for [XMR] on https://www.cryptopia.co.nz

Never heard of this, so I had a look:

Exchange Summary
Total Markets: 1535
Total Trades(24 hours): 3938

Haven't heard of 90% of the coins listed either.  Not that I look much at that stuff, but still. 

Trading XMR would likely blow the top right off the exchange.  One bot would increase their volume by an order of magnitude

Agreed, but they should get MOnero running... aaaahhhh galloppping on their servers 

[iCEBREAKER]

If you remeber, i urged the community to vote for [XMR] on https://www.cryptopia.co.nz

Never heard of this, so I had a look:

Exchange Summary
Total Markets: 1535
Total Trades(24 hours): 3938

Haven't heard of 90% of the coins listed either.  Not that I look much at that stuff, but still. 

Trading XMR would likely blow the top right off the exchange.  One bot would increase their volume by an order of magnitude

I commend the initiative and effort, but can't recommend an exchange that

-puts new listings up for a vote, then utterly fails to act on the results (cough, Craptsy, cough)

-says XMR is a priority in Oct 2015 and still needs to be gently nudged 6 months later (Craptsy did that)

-supports 1500 shitcoins but can't bother with an innovative/fairly launched/top 10 coin (more shades of Craptsy)

-needs hand-holding tech support from (potential?) customers to sort their backend (I expect an exchange to know more than I do)

-only provides updates (in the form of lame/implausible excuses) on the previously promised pair when prompted by inquiry

[aiwe]

So net hash dropped because of botnets gone after fork? Can it be the reason?

[dEBRUYNE]

So net hash dropped because of botnets gone after fork? Can it be the reason?

I know for certain that at least 600 KH/s of botnet dropped off. We have to see in a few days what really dropped off, likely botnets as you state.

[dEBRUYNE]

Update, all pending pools have either upgraded or found a block.

Pools that found a V2 block so far (and are thus safe to mine on):

https://moneropool.com/
http://monero.crypto-pool.fr/
http://dwarfpool.com/xmr
http://xmr.alimabi.cn/
https://minergate.com/pool-stats/mro
http://mro.poolto.be/#pool_blocks
https://monerohash.com/#pool_blocks
http://minexmr.com/#pool_blocks
http://xmr.prohash.net/#pool_blocks
http://monero.miner.center/#pool_blocks
http://mro.poolto.be/#pool_blocks
http://monero.xminingpool.com/#pool_blocks

Pending (i.e. where on the right version before the fork, but haven't found a block yet):

https://monerohash.com/#pool_blocks
http://minexmr.com/#pool_blocks (found the fork block, but nothing after)
http://xmr.prohash.net/#pool_blocks
http://monero.miner.center/#pool_blocks
http://mro.poolto.be/#pool_blocks (seems offline currently)
http://monero.xminingpool.com/#pool_blocks

Wrong chain (i.e. where on the wrong version before the fork):

http://cryptmonero.com/#pool_blocks <= Botnet probably, see:

Seems to be mainly a botnet: http://fpaste.org/321343/14552121/. Also, reported number of miners seems fake if you compare it to the number of paid miners.

http://cryptonotepool.org.uk/#pool_blocks (indicated they would upgrade though)


If you are on a private pool, please check if your pool is finding blocks after 1009827. Pending pools probably got stuck due to their (custom) pool software. Issue reported by primer-:

"Error: Failed to parse block
    at Object.BlockTemplate.nextBlob (/root/test/cryptonote-universal-pool/lib/pool.js:120:23)
    at Object.Miner.getJob (/root/test/cryptonote-universal-pool/lib/pool.js:297:41)
    at handleMinerMethod (/root/test/cryptonote-universal-pool/lib/pool.js:492:28)
    at handleMessage (/root/test/cryptonote-universal-pool/lib/pool.js:606:13)
    at Socket.socket.on.on.on.pushMessage (/root/test/cryptonote-universal-pool/lib/pool.js:660:25)
    at Socket.EventEmitter.emit (events.js:95:17)
    at Socket.<anonymous> (_stream_readable.js:746:14)
    at Socket.EventEmitter.emit (events.js:92:17)
    at emitReadable_ (_stream_readable.js:408:10)
    at emitReadable (_stream_readable.js:404:5)





cryptonote-universal-pool wont run after the fork. node-cryptonote-pool works just fine