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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4633549 times)
TooDumbForBitcoin
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May 21, 2014, 04:29:48 PM
 #3081

Quote
I like all the trading to be in one place.

I like spreading my coin around to reduce my exposure to being goxxed.



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fluffypony
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May 21, 2014, 04:38:14 PM
 #3082

Hi guys - thanks to lots of hard work we have added AES-NI support to the slow_hash function. If you're using an AES-NI processor you should see a speed-up of about 30%.

Interestingly enough, on Linux I had to reduce the number of cores I'm using from 8 to 4 to see the speedup, so if you're certain your processor supports AES-NI play around with the number of mining threads to see what performance you get out.

Github repo has been updated: https://github.com/monero-project/bitmonero

Windows 32-bit binaries: http://monero.cc/downloads/monero.win.x86.0520.zip
Windows 64-bit binaries: http://monero.cc/downloads/monero.win.x64.0520.zip
Linux 64-bit binaries: http://monero.cc/downloads/monero.linux.x64.0520.tar.bz2

I'll be updating the links in the OP momentarily!

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May 21, 2014, 04:48:51 PM
 #3083

I was thinking Mintpal would list this unique, innovative coin today. But instead they're adding another PoS clone. BC AC WC CINNI COMM XLB and now SYNC, what's the point of so many clone with different supply ?

This coin is a Bytecoin fork, aka a Bytecoin copy, nothing special about it...At least those PoS coins like Cinni don't copy Bitcoin down to the last coding like Monero has to Bytecoin..

There is something special about it, Monero has 0 days pre-mine, Bytecoin has 2 years premine.

If you don't understand why that bothers some people, read Satoshi's paper and recall his intention for creating Bitcoin.

Keyword: "Trustless."

When 80% of the entire coin supply and 99% of the current coin supply is owned by pre-miners, then you cease to be using a trustless coin because they can manipulate the price forever.

There is no free market, there is more centralised control in Bytecoin than the USD!
cubydu
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May 21, 2014, 05:03:44 PM
 #3084


   What happens with pools ?


sammy007
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May 21, 2014, 05:08:10 PM
 #3085


   What happens with pools ?



It seems some people mining with wrong addresses and payouts stuck. I just deleted stats for worker with wrong address on my http://monero.hashinvest.ws pool, because I don't wanna delay payouts for valid miners.

On my pool the wrong address was: 47shgHzm4mWfD2WM6YPAgLWvvx...

Gambiman
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May 21, 2014, 05:09:02 PM
 #3086

Pools have a lot of orphaned blocks don't they? like 1/4 or so.

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Transfer Money accross borders with so little fee that it is silly !
Sharecoin11234
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May 21, 2014, 05:09:59 PM
 #3087


   What happens with pools ?


where did u get this screenshot?

Get Daily Free SIGNs before too late.T68GrANdzmKVNgKB5P4nW3DGPjgXL2vpMM
DoubleEagle Coin - Only 100 XDE - Get your free XDE https://bitcointalk.org/index.php?topic=736702.
sammy007
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May 21, 2014, 05:10:12 PM
 #3088

Pools have a lot of orphaned blocks don't they? like 1/4 or so.

Yes, that's sucks, because a lot of hashrate is consealed somewhere... it seems huge farms mining solo or on their own private pools.

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May 21, 2014, 05:10:58 PM
 #3089

Pools have a lot of orphaned blocks don't they? like 1/4 or so.

Yes, that's sucks, because a lot of hashrate is consealed somewhere... it seems huge farms mining solo or on their own private pools.

:/ sucks indeed.

Trade markets with Bitcoins ! Including Forex, Commodities and Stocks SimpleFX
Transfer Money accross borders with so little fee that it is silly !
smooth
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May 21, 2014, 05:12:30 PM
 #3090

Pools have a lot of orphaned blocks don't they? like 1/4 or so.

Whether using pools or not, this coin has a lot of orphaned blocks. When the original fork was done, several of us advised against 60 second blocks, but the warnings were not heeded.

I'm hopeful we can eventually make a change to more sane 2- or 2.5-minute blocks which should drastically reduce orphans, but that will require a hard fork, so not that easy.
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May 21, 2014, 05:13:57 PM
 #3091


   What happens with pools ?


where did u get this screenshot?

http://moneropool.com/

smooth
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May 21, 2014, 05:15:21 PM
 #3092

Pools have a lot of orphaned blocks don't they? like 1/4 or so.

Yes, that's sucks, because a lot of hashrate is consealed somewhere... it seems huge farms mining solo or on their own private pools.

I can tell you are a lot of people mining solo, I'm one of them, and I have a significant number of high performance computers. I do this not only in part because the returns are better mining solo (since the pools and pool miners are not quite fully there yet) but also to help keep the coin decentralized. The more solo miners there are, the harder it is for any of the pools to become too dominant. If we are lucky there will continue to be a lot of solo miners, although other coins have struggled with this.

This has little if anything to do with orphans though. As I explained in my other post, a high rate of orphans comes with 60 second blocks. That is just too fast.



sammy007
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May 21, 2014, 05:18:19 PM
 #3093

Pools have a lot of orphaned blocks don't they? like 1/4 or so.

Yes, that's sucks, because a lot of hashrate is consealed somewhere... it seems huge farms mining solo or on their own private pools.

I can tell you are a lot of people mining solo, I'm one of them, and I have a significant number of high performance computers. I do this not only in part because the returns are better mining solo (since the pools and pool miners are not quite fully there yet) but also to help keep the coin decentralized. The more solo miners there are, the harder it is for any of the pools to become too dominant. If we are lucky there will continue to be a lot of solo miners, although other coins have struggled with this.

This has little if anything to do with orphans though. As I explained in my other post, a high rate of orphans comes with 60 second blocks. That is just too fast.


Yeah, solo is awesome, I am mining Vertcoin solo with small rigs and getting good reward. Also, I am running private pool for some dude, he wanna mine solo, so it's just like solo for him.

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May 21, 2014, 05:37:17 PM
 #3094

I suggest conducting a poll regarding block times.  60 seconds is just batshit crazy, in my opinion.  My suggestion is to make block times a function of the number of transactions per block over the past N blocks, with a hard maximum to insure minimum emission rate and continuous mining.  BTC hasn't exactly suffered for its 10 minute confirms, so I would suggest a 10 minute maximum.  This would also encourage miners to use their monero, and accept payment in monero, since transactions increase the number of blocks per unit of time.  (If there is too much churn that can be dealt with in other, better, ways.)

I think botnets are the source of greatest existential danger.





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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May 21, 2014, 05:41:25 PM
 #3095

My new optimizations have been ported to Windows by Lucasjones and committed to the Git repo. If you want Win64 binaries, my thread on it is here:

https://bitcointalk.org/index.php?topic=619373
Crashes on my core i7 3rd gen Win 7 64x SP1. It was the same with the previous version. Compiled in Linux (VirtualBox with Ubuntu) it works, but have slower hash rate then bitmonerod.exe. I'm still solo mining.

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
phzi
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May 21, 2014, 05:42:14 PM
 #3096

Beware, moneropool.org is not paying... They claim they are held back due to a bug - but this "bug" has been explained above, is trivial to resolve (delete invalid addresses), and they haven't done anything about the situation.

I would stay away until we know more.
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May 21, 2014, 05:46:06 PM
 #3097

I suggest conducting a poll regarding block times.  60 seconds is just batshit crazy, in my opinion.  My suggestion is to make block times a function of the number of transactions per block over the past N blocks, with a hard maximum to insure minimum emission rate and continuous mining.

This won't work in the obvious way since there is already a dynamic scaling mechanism in cryptonote for block size (and therefore transactions per block). It is probably possible to create a stable scaling mechanism that uses both dependent variables, but how to do this is not really obvious. The choice of ideal block interval is not entirely a function of transaction volume, it is also a function of latency and propagation.

In the short term the easy and relatively uncontroversial fix is to go to something 2 or 2.5 minutes. Pretty much everyone who has actually studied the problem has concluded something in that range is the smallest interval that works well today, and indeed that Satoshi's choice of 10 minute was not excessive. Including, I suspect crytponote/bytecoin, when they picked 2 minutes.

Any hard fork is effectively a poll of miners anyway, since it won't be adopted if the majority of hash power doesn't adopt it.

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May 21, 2014, 05:46:21 PM
 #3098

Beware, moneropool.org is not paying... They claim they are held back due to a bug - but this "bug" has been explained above, is trivial to resolve (delete invalid addresses), and they haven't done anything about the situation.

I would stay away until we know more.

Pool ops have to file a bugreport to pool software dev, because it's possible to attack pools with such invalid addresses and delay payments.

https://github.com/zone117x/node-cryptonote-pool

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May 21, 2014, 05:46:23 PM
 #3099

Beware, moneropool.org is not paying... They claim they are held back due to a bug - but this "bug" has been explained above, is trivial to resolve (delete invalid addresses), and they haven't done anything about the situation.

I would stay away until we know more.
The bug is that someone mined with the invalid address while I was asleep, and the payment queue got too large. Now the daemon rejects the transaction because it is too large. I have already removed the shares of the invalid address in Redis.

I have paid out all along, even for many orphans. I'm not going to start stealing your MRO.
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May 21, 2014, 05:49:37 PM
 #3100

Beware, moneropool.org is not paying... They claim they are held back due to a bug - but this "bug" has been explained above, is trivial to resolve (delete invalid addresses), and they haven't done anything about the situation.

I would stay away until we know more.
The bug is that someone mined with the invalid address while I was asleep, and the payment queue got too large. Now the daemon rejects the transaction, because it is too large.

I have paid out all along, even for many orphans. I'm not going to start stealing your MRO.

Could you please post a solution ITT how to fix this? I also running a pool and just got lucky, noticed this address early and deleted it. Have no idea how to handle your case.

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