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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4554479 times)
vince212
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August 26, 2017, 06:06:25 PM
 #35481

is monero now available for trade in bithumb?

sorry i got confused with the listing since articles were written in different time zones
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August 26, 2017, 06:09:46 PM
 #35482

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.
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August 26, 2017, 07:26:53 PM
Last edit: August 26, 2017, 07:44:42 PM by DStefanov
 #35483

I use Daemon address: node.xmrbackb.one  18081 but I can not connect.
I get the following error: Daemon Failed to Start - Please check your wallet and daemon log for errors. You can also try to start monerod.exe manually.
Where am I wrong?
Thanks!

p.s. I using monero-gui-0.10.3.1-beta2, Windows 10 x64

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August 26, 2017, 09:37:32 PM
 #35484

Hey guys I have some problems with the node that I am trying to set up.

Last week I made my monerod synchronized with the blockchain. Today, I am almost done but now it seems to stop at some point and doesn't want to synchronize anymore.


For example I have the following messages with no more progress:

Sync data returned a new top block candidate: 1384892 -> 1385053 [Your node is 161 blocks (0 days) behind]

Sync data returned a new top block candidate: 1384892 -> 1385054 [Your node is 162 blocks (0 days) behind]

Sync data returned a new top block candidate: 1384892 -> 1385055 [Your node is 163 blocks (0 days) behind]


Why is that?

Please try this:

https://monero.stackexchange.com/questions/4462/my-blockchain-is-stuck-how-do-i-unstuck-it

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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August 26, 2017, 09:39:10 PM
 #35485

Monero Blockchain is now 26,4 Gb.

Block time is two minutes. The block size is at the moment about 0,35Mb. If remains this level for one year, there will be 30*24*365*0,35Mb = 91980Mb = 91,98Gb more after one year.

And the blockchain size will be 26,4Gb + 91,98Gb = 118,38Gb

Well this sure fits in one SSD. But in future there will be problems. There was some solution found to decrease block size to 1/4. There was something few pages back? I guess in this thread? Could someone find it for me? Monero Team should start implement it.

In the future there will be range proof optimizations, which should cut the size of a transaction by roughly 50%. In addition, pruning will most likely be an option in the future too.


I synced my CLI wallet. I am running Ubuntu on fast SSD. First 1.100.000 blocks came in about 10 hours. Last 280.000 took about 72 hours. Is there any way to speed it up. Internet connection seemed not to be the problem.

Anyway thanks for the Team for great job! Now we enjoy the success.

Please try this to speed up the sync:

https://monero.stackexchange.com/questions/4462/my-blockchain-is-stuck-how-do-i-unstuck-it

In addition, the upcoming release will include some syncing optimizations, which should, ceterus paribus, improve the sync speed.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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August 26, 2017, 09:40:25 PM
 #35486

I use Daemon address: node.xmrbackb.one  18081 but I can not connect.
I get the following error: Daemon Failed to Start - Please check your wallet and daemon log for errors. You can also try to start monerod.exe manually.
Where am I wrong?
Thanks!

p.s. I using monero-gui-0.10.3.1-beta2, Windows 10 x64

As far as I can see, that remote node is currently offline. Try to use node.moneroworld.com with port 18089.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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August 26, 2017, 10:27:47 PM
 #35487

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.

I wish this would be true, but I guess its skyrocketing only because the koreans get 1% free monero for deposits and top 50 monero deposits get 100 monero each at Bithumb. So I fear that the dump will follow shortly after this Bithumb action ends. Undecided
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August 26, 2017, 10:32:01 PM
 #35488

AES is very heavy, takes serious cpu beating to verify all the blocks, probably why it's taking so long despite the fast connection.

Advanced Encryption Standard?
https://en.wikipedia.org/wiki/Advanced_Encryption_Standard

So better CPU and/or more RAM should make sync faster?

AES has very little to do with it. Only proof of work uses AES and that is only about 20 ms per block (effectively 5 ms on a quad core). So sync time based on checking PoW for a year of chain on a quad core would be under 15 minutes.

Most of the time is taken up by verifying range proofs (part of RingCT) and signatures and that will likely be optimized both in terms of crypto theory and implementation. On the latter, I noticed when syncing on a 16 core system that it was taking a long time but doing a very poor job of keeping more than 2-3 cores busy. There's a lot of room for improvement in the future.

As a practical matter shorter term whenever there is a new release of the code ("soon") it includes precomputed hashes for most of the older part of the chain and speeds up syncing that way. It has been a while since the last release, so there is more chain that needs to be checked by each node on initial sync.
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August 26, 2017, 10:56:02 PM
 #35489

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.

I wish this would be true, but I guess its skyrocketing only because the koreans get 1% free monero for deposits and top 50 monero deposits get 100 monero each at Bithumb. So I fear that the dump will follow shortly after this Bithumb action ends. Undecided

Right but trading still doesn't start until midnight sunday KST which is about 16 hours from now so I would expect more growth and then yes, finally the dump(s).
explorer
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August 27, 2017, 12:05:30 AM
 #35490

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.

I wish this would be true, but I guess its skyrocketing only because the koreans get 1% free monero for deposits and top 50 monero deposits get 100 monero each at Bithumb. So I fear that the dump will follow shortly after this Bithumb action ends. Undecided

Right but trading still doesn't start until midnight sunday KST which is about 16 hours from now so I would expect more growth and then yes, finally the dump(s).

Also I believe the 1% is on traded XMR.  In other words, you gotta sell it to get 1%.  Hopefully they are smart enough to sell high.
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August 27, 2017, 12:11:46 AM
 #35491

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.

I wish this would be true, but I guess its skyrocketing only because the koreans get 1% free monero for deposits and top 50 monero deposits get 100 monero each at Bithumb. So I fear that the dump will follow shortly after this Bithumb action ends. Undecided

Right but trading still doesn't start until midnight sunday KST which is about 16 hours from now so I would expect more growth and then yes, finally the dump(s).

Also I believe the 1% is on traded XMR.  In other words, you gotta sell it to get 1%.  Hopefully they are smart enough to sell high.

Monero is going crazy these days.

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August 27, 2017, 01:32:47 AM
 #35492

I use Daemon address: node.xmrbackb.one  18081 but I can not connect.
I get the following error: Daemon Failed to Start - Please check your wallet and daemon log for errors. You can also try to start monerod.exe manually.
Where am I wrong?
Thanks!

p.s. I using monero-gui-0.10.3.1-beta2, Windows 10 x64

As far as I can see, that remote node is currently offline. Try to use node.moneroworld.com with port 18089.

Everything works!
Thanks for the help!

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August 27, 2017, 02:30:27 AM
 #35493

I wish I had hold on to my XMR coins  Angry As I didnt see any price increase for a long time, I sold all of mine when there was a slight increase. It shows the value of holding good coins.
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August 27, 2017, 03:52:32 AM
 #35494

Hi everyone,

I would like to get hold of the Monero blockchain as raw data, but I don't have the bandwidth to do this at home and it takes too long to download at the local library. Is there another option - e.g. broken up into parts or other possibilities?

Thanks,

Agnosticus
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August 27, 2017, 04:02:52 AM
 #35495

Hi everyone,

I would like to get hold of the Monero blockchain as raw data, but I don't have the bandwidth to do this at home and it takes too long to download at the local library. Is there another option - e.g. broken up into parts or other possibilities?

Thanks,

Agnosticus

Per the blockchain section on https://getmonero.org/downloads/ it would be much faster for you to just sync the blockchain. If you'd still rather download it, Firefox allows you to pause and resume downloads.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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August 27, 2017, 04:15:50 AM
 #35496

I wish I had hold on to my XMR coins  Angry As I didnt see any price increase for a long time, I sold all of mine when there was a slight increase. It shows the value of holding good coins.
I was the opposite. I have seen the potential of the Monero early and bought some enough when it was under $ 50. And now I'm having fun with Monero's current price.  Grin
P / s: Interesting about signatures, we are brothers!   Cool

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August 27, 2017, 10:20:51 AM
 #35497

Funding Required » Hire mathematician (and computational physicist) to join research team

https://forum.getmonero.org/7/open-tasks/87856/hire-mathematician-and-computational-physicist-to-join-research-team

https://www.reddit.com/r/Monero/comments/6w7f0q/monero_funding_required_hire_mathematician_and/

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Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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August 27, 2017, 11:51:24 AM
 #35498

Is it actually true that XMR is more likely to be cracked than ZCASH in terms of anonymity? Could that problem ever be fixed if it's true?


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August 27, 2017, 12:05:59 PM
 #35499

is monero already in chinese market?
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August 27, 2017, 12:21:49 PM
 #35500

is monero already in chinese market?

Not on big Chinese exchanges it's listed only few markets but in future we can expect China will wake up soon and there is huge potential to grow I think if this could happen than price will go up to $200 very soon.
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