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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4251594 times)
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December 17, 2017, 12:26:43 AM
 #37361

WTF is going on with monero network hashrate  Huh
From where are came these 100MH just in past 24 hours and almost 200Mh in past 2 weeks?

Same place as price doubling and the thousands of new reddit users?  Mining questions have been much much higher as well.  As was once said (more than once?), It's Happening!

Add- also increasing reports of website miners.  As a concept, I have no problem if it is done ethically.  If it puts google ads out of business, so much the better.
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December 17, 2017, 08:52:06 AM
 #37362

Introducing Stamp Monero! A Guerilla Monero Marketing Campaign
by Monerooby_Doo
https://www.reddit.com/r/Monero/comments/7kaztm/introducing_stamp_monero_a_guerilla_monero/


Hello all,
Join us and the Monero community in our mission to spread the Monero revolution world-wide!
After weeks of planning and putting this together, another user and I are happy to launch Stamp Monero, a guerrilla marketing campaign to bring awareness to Monero. We believe stamping physical fiat currency is an efficient and legal way to spread the word about Monero. According to Federal Reserve estimates and our assumptions, each one dollar bill you stamp may be seen by 438 other people (see FAQ to learn more). And yes, it's legal (in the U.S.).

Recently, there has been a lot of discussion regarding how we as a community can increase donations to the Monero fund. We are hoping this serves to further this goal of giving back to the Monero fund and helps get more users involved in promoting and contributing directly to the success of Monero. We are donating 10% of our proceeds to the general Monero fund and various Monero FFS projects.

We encourage everyone to not only Stamp Monero, but to also spread awareness on social media (Twitter and Instagram) by posting a image of your stamped bill with the hashtag #stampmonero. For bonus points, include your current location as well to let everyone know that this is a global phenomenon.

Additionally, if we don’t ship to you, or you would like to create your own Monero stamp, we offer the source file for free.

Thanks and looking forward to spreading Monero awareness with everyone!
P.S. And of course, thanks to Globee, we accept cryptocurrencies (including Monero) as payment.



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December 17, 2017, 01:07:25 PM
 #37363


Same place as price doubling and the thousands of new reddit users?  Mining questions have been much much higher as well.  As was once said (more than once?), It's Happening!

Add- also increasing reports of website miners.  As a concept, I have no problem if it is done ethically.  If it puts google ads out of business, so much the better.
Where have you seen doubled price at past few days? Where have you seen at least hundreds of new users on ann thread or even reddit? Nothing. All is what we got it's insane jump in nethash on 100+Mh just within one day/few hours (hashing power of about 100K GPUs like rx 580 with top OC).
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December 17, 2017, 04:06:13 PM
 #37364

WTF is going on with monero network hashrate  Huh
From where are came these 100MH just in past 24 hours and almost 200Mh in past 2 weeks?

Same place as price doubling and the thousands of new reddit users?  Mining questions have been much much higher as well.  As was once said (more than once?), It's Happening!


Read closer.  YOU said 2 weeks.

Reddit metrics say a thousand+ new subs per day

Bitcointalk is dead for Monero.  A forgotten outpost, where info is relayed last.  Just the old guard and a few stragglers here.

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December 17, 2017, 05:48:58 PM
 #37365

Monero is one of the few tokens that has a LEGITIMATE chance to overtake BTC for overall dominance.

I don't think a lot of people are realizing how broken BTC is.  And how much Monero has superior tech.

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December 17, 2017, 08:28:06 PM
 #37366

Multisignature has been merged: https://www.reddit.com/r/Monero/comments/7kfuqy/multisignature_just_got_merged/

Thank you, devs! Another great accomplishment!

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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December 17, 2017, 08:42:07 PM
 #37367

How many threads does this coin need?  Huh
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December 18, 2017, 02:13:02 AM
 #37368

How many threads does this coin need?  Huh

I don't know because this and speculation are all I  follow. What's your point I guess? People are mostly on reddit from what I have heard?

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December 18, 2017, 02:43:04 AM
 #37369

I'm interested in Monero and love the concept but someone I respect objects to it for the following reasons:

- it uses eliptic curve cryptography, which is known to be a method of choice when the NSA wants you to use something they can break and others can't

WRONG, NSA backdoored Dual_EC_DRBG random number generator library, which just so happens to be elliptic curve. It was added as a default library in some of the most secure programs and was pushed into the NIST release. Also by being in this library release on systems (like winblows) that did not use it as default left an attack vector that all they had to do was change the library being used (simple regkey in winblows) and you would never know you were using a compromised library. Actually eliptic curve is used to defeat various attack vectors the NSA uses so you should get your facts straight.

Quote
As estimated by the authors behind the Logjam attack, the much more difficult precomputation needed to solve the discrete log problem for a 1024-bit prime would cost on the order of $100 million, well within the budget of large national intelligence agency such as the U.S. National Security Agency (NSA). The Logjam authors speculate that precomputation against widely reused 1024-bit DH primes is behind claims in leaked NSA documents that NSA is able to break much of current cryptography.[3]

To avoid these vulnerabilities, authors recommend use of elliptic curve cryptography, for which no similar attack is known. Failing that, they recommend that the order, p, of the Diffie–Hellman group should be at least 2048 bits. They estimate that the pre-computation required for a 2048-bit prime is 109 more difficult than for 1024-bit primes.[3]

If NSA is breaking Diffie–Hellman, but has not pushed for US sites to upgrade to longer keys, then it would be an example of NSA's NOBUS policy of not closing security holes that NSA believes only they can exploit.


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- ECC can trivially be broken by a quantum computer

This is just so much of a joke of a statement it doesn't warrant a response. A sufficiently large qubit QC will break any cryptography period.

Quote
- It uses many constants in the crypto that aren't "nothing up my sleeve numbers”. This is one of the main ways to make crypto breakable by only the organization who chose the constants.

By selectively omitting commonly selected numbers you can increase the randomness strength of elliptic curve.

Quote
- the constants were created by an author that only goes by a pseudonym

So what? Kinda like Satoshi Nagasaki?

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- NSA has recently started trying to move federal systems away from ECC, ie they are likely aware of a weakness in it that may soon be exploitable by others

They are preparing for QC realities and have admitted that Suite B is inadequate to the task, why this is in your argument against Monero is anyones guess.

Quote
Can anyone please address these concerns? Thanks in advance.

READ THIS, You can tell you friend a little knowledge is a dangerous thing.

https://blog.cryptographyengineering.com/2015/01/14/hopefully-last-post-ill-ever-write-on/

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December 18, 2017, 09:38:14 AM
 #37370

Multisig

https://github.com/monero-project/monero/pull/2134





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Whitepaper   ■   Bounty   ■   Bitcointalk

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garytheasshole
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December 18, 2017, 10:00:04 AM
 #37371

I'm interested in Monero and love the concept but someone I respect objects to it for the following reasons:

- it uses eliptic curve cryptography, which is known to be a method of choice when the NSA wants you to use something they can break and others can't

WRONG, NSA backdoored Dual_EC_DRBG random number generator library, which just so happens to be elliptic curve. It was added as a default library in some of the most secure programs and was pushed into the NIST release. Also by being in this library release on systems (like winblows) that did not use it as default left an attack vector that all they had to do was change the library being used (simple regkey in winblows) and you would never know you were using a compromised library. Actually eliptic curve is used to defeat various attack vectors the NSA uses so you should get your facts straight.

Quote
As estimated by the authors behind the Logjam attack, the much more difficult precomputation needed to solve the discrete log problem for a 1024-bit prime would cost on the order of $100 million, well within the budget of large national intelligence agency such as the U.S. National Security Agency (NSA). The Logjam authors speculate that precomputation against widely reused 1024-bit DH primes is behind claims in leaked NSA documents that NSA is able to break much of current cryptography.[3]

To avoid these vulnerabilities, authors recommend use of elliptic curve cryptography, for which no similar attack is known. Failing that, they recommend that the order, p, of the Diffie–Hellman group should be at least 2048 bits. They estimate that the pre-computation required for a 2048-bit prime is 109 more difficult than for 1024-bit primes.[3]

If NSA is breaking Diffie–Hellman, but has not pushed for US sites to upgrade to longer keys, then it would be an example of NSA's NOBUS policy of not closing security holes that NSA believes only they can exploit.


Quote
- ECC can trivially be broken by a quantum computer

This is just so much of a joke of a statement it doesn't warrant a response. A sufficiently large qubit QC will break any cryptography period.

Quote
- It uses many constants in the crypto that aren't "nothing up my sleeve numbers”. This is one of the main ways to make crypto breakable by only the organization who chose the constants.

By selectively omitting commonly selected numbers you can increase the randomness strength of elliptic curve.

Quote
- the constants were created by an author that only goes by a pseudonym

So what? Kinda like Satoshi Nagasaki?

Quote
- NSA has recently started trying to move federal systems away from ECC, ie they are likely aware of a weakness in it that may soon be exploitable by others

They are preparing for QC realities and have admitted that Suite B is inadequate to the task, why this is in your argument against Monero is anyones guess.

Quote
Can anyone please address these concerns? Thanks in advance.

READ THIS, You can tell you friend a little knowledge is a dangerous thing.

https://blog.cryptographyengineering.com/2015/01/14/hopefully-last-post-ill-ever-write-on/
We're beyond FUCKED if ECC is broken, Monero is not a concern at all https://ianix.com/pub/curve25519-deployment.html

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December 19, 2017, 03:45:18 AM
 #37372

I am a new to Monero and running into some issues syncing the blockchain for the first time. 

I downloaded and ran monero-gui-v0.11.1.0 . The sync was taking over a day and still had a lot left so I looked for ways to speed this up. I read you can download the raw blockchain (https://www.monero.how/tutorial-how-to-speed-up-initial-blockchain-sync) imported and finished the sync. Once it finishes I save and shut down the daemon.  I launched the gui and it tries to start syncing all over again.  Am I doing something wrong? I thought the blockchain was fully synced and downloaded and I don't know if it will ever finish syncing through the Gui. Any suggestions on getting the blockchain to sync faster through the gui? Thank you for your help!
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December 19, 2017, 04:01:08 AM
 #37373

It starts to get less profit for me in mining XMR, perhaps switching to trading only.
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December 19, 2017, 04:05:37 AM
 #37374

I am a new to Monero and running into some issues syncing the blockchain for the first time. 

I downloaded and ran monero-gui-v0.11.1.0 . The sync was taking over a day and still had a lot left so I looked for ways to speed this up. I read you can download the raw blockchain (https://www.monero.how/tutorial-how-to-speed-up-initial-blockchain-sync) imported and finished the sync. Once it finishes I save and shut down the daemon.  I launched the gui and it tries to start syncing all over again.  Am I doing something wrong? I thought the blockchain was fully synced and downloaded and I don't know if it will ever finish syncing through the Gui. Any suggestions on getting the blockchain to sync faster through the gui? Thank you for your help!

On what system?  Was it syncing the blockchain, or the wallet to the blockchain? You can connect to a remote node for use until your own copy of the blockchain is ready to go.

I find that starting the daemon, and not starting GUI until after it is up to speed works best is the only way to make it work on my old windows setup.  I put this entirely down to old hardware that was not fast even new, and of course, windows.  As has been posted before, cutting edge software works best on cutting edge hardware.
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December 19, 2017, 07:29:25 AM
 #37375

I am a new to Monero and running into some issues syncing the blockchain for the first time.  

I downloaded and ran monero-gui-v0.11.1.0 . The sync was taking over a day and still had a lot left so I looked for ways to speed this up. I read you can download the raw blockchain (https://www.monero.how/tutorial-how-to-speed-up-initial-blockchain-sync) imported and finished the sync. Once it finishes I save and shut down the daemon.  I launched the gui and it tries to start syncing all over again.  Am I doing something wrong? I thought the blockchain was fully synced and downloaded and I don't know if it will ever finish syncing through the Gui. Any suggestions on getting the blockchain to sync faster through the gui? Thank you for your help!

On what system?  Was it syncing the blockchain, or the wallet to the blockchain? You can connect to a remote node for use until your own copy of the blockchain is ready to go.

I find that starting the daemon, and not starting GUI until after it is up to speed works best is the only way to make it work on my old windows setup.  I put this entirely down to old hardware that was not fast even new, and of course, windows.  As has been posted before, cutting edge software works best on cutting edge hardware.

My local system is running Windows 10 and  has an AMD 6 core processor, 12 gb memory, SSD, and a 100 Mbit fiber connection. It is not the newest computer but I didn't think it would take this long to sync. The disk usage doesn't go over 10%, the cpu doesnt go over 38%, and network is under 3 Mbps. I don't actually know the if it is syncing the blockchain or the wallet to the blockchain.

Below is what I did:
  • Downloaded and installed Monero https://downloads.getmonero.org/win64
  • Downloaded and copied blockchain.raw to monero gui folderhttps://downloads.getmonero.org/blockchain.raw
  • Imported the blockchain monero-blockchain-import.exe --verify 0 --input-file ./blockchain.raw
  • Ran the daemon until it was fully synced monerod.exe
  • Saved with save
  • Opened Monero Gui with monero-wallet-gui.exe
  • Entered password and the status at the bottom left said it was Synchronizing
The synchronizing that seems to take forever is the one at the bottom left within the wallet. To troubleshoot I also rebooted, and to start fresh between tests, I deleted the monero programs folder, redownloaded monero,  deleted c:\programdata\bitmonero, deleted C:\Users\%username%\AppData\Roaming\bitmonero,  deleted the registry location Computer\HKEY_CURRENT_USER\Software\monero-project and started over at my first step importing the blockchain. Also at one point started over and used the monero-wallet-cli.exe after the blockchain synced with monerod.exe but I didn't know how to open an existing wallet, so I deleted it all and started over with the gui instead of cli at that step. Thanks for your help as I learn more about this.

Below is a screenshot of the synching window I am referencing.
https://i.imgur.com/e9fdoby.png

explorer
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December 19, 2017, 07:58:20 AM
 #37376

I am a new to Monero and running into some issues syncing the blockchain for the first time.  

I downloaded and ran monero-gui-v0.11.1.0 . The sync was taking over a day and still had a lot left so I looked for ways to speed this up. I read you can download the raw blockchain (https://www.monero.how/tutorial-how-to-speed-up-initial-blockchain-sync) imported and finished the sync. Once it finishes I save and shut down the daemon.  I launched the gui and it tries to start syncing all over again.  Am I doing something wrong? I thought the blockchain was fully synced and downloaded and I don't know if it will ever finish syncing through the Gui. Any suggestions on getting the blockchain to sync faster through the gui? Thank you for your help!

On what system?  Was it syncing the blockchain, or the wallet to the blockchain? You can connect to a remote node for use until your own copy of the blockchain is ready to go.

I find that starting the daemon, and not starting GUI until after it is up to speed works best is the only way to make it work on my old windows setup.  I put this entirely down to old hardware that was not fast even new, and of course, windows.  As has been posted before, cutting edge software works best on cutting edge hardware.

My local system has an AMD 6 core processor, 12 gb memory, SSD, and a 100 Mbit fiber connection. It is not the newest computer but I didn't think it would take this long to sync. The disk usage doesn't go over 10%, the cpu doesnt go over 38%, and network is under 3 Mbps. I don't actually know the if it is syncing the blockchain or the wallet to the blockchain.

Below is what I did:
  • Downloaded and installed Monero https://downloads.getmonero.org/win64
  • Downloaded and copied blockchain.raw to monero gui folderhttps://downloads.getmonero.org/blockchain.raw
  • Imported the blockchain monero-blockchain-import.exe --verify 0 --input-file ./blockchain.raw
  • Ran the daemon until it was fully synced monerod.exe
  • Saved with save
  • Opened Monero Gui with monero-wallet-gui.exe
  • Entered password and the status at the bottom left said it was Synchronizing
The synchronizing that seems to take forever is the one at the bottom left within the wallet. To troubleshoot I also rebooted, deleted the monero programs folder, redownloaded monero,  deleted c:\programdata\bitmonero, deleted C:\Users\%username%\AppData\Roaming\bitmonero,  deleted the registry location Computer\HKEY_CURRENT_USER\Software\monero-project and started over. Also at one point started over and used the monero-wallet-cli.exe after the blockchain synced with monerod.exe but I didn't know how to open an existing wallet, so I deleted it all and started over with the gui instead of cli at that step. Thanks for your help as I learn more about this.

Below is a screenshot of the synching window I am referencing.




Sounds like you deleted the blockchain in your troubleshooting.
  Your system seems sufficient that if you just let it run, it would be done or nearly so the next morning.
  You did not mention what OS.  Not that I have a clue, but by now I at least know the basic info the guru's will want in order to help you  Wink 

With your system I think I'd just start the GUI and let it do the rest. Check on it in a day or two.
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December 19, 2017, 08:01:31 AM
 #37377

I love Monero, I bought it in 100$ price and thought it was too much. But now I'm in good profit! Monero is the best!

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December 19, 2017, 08:05:05 AM
 #37378

I am a new to Monero and running into some issues syncing the blockchain for the first time.  

I downloaded and ran monero-gui-v0.11.1.0 . The sync was taking over a day and still had a lot left so I looked for ways to speed this up. I read you can download the raw blockchain (https://www.monero.how/tutorial-how-to-speed-up-initial-blockchain-sync) imported and finished the sync. Once it finishes I save and shut down the daemon.  I launched the gui and it tries to start syncing all over again.  Am I doing something wrong? I thought the blockchain was fully synced and downloaded and I don't know if it will ever finish syncing through the Gui. Any suggestions on getting the blockchain to sync faster through the gui? Thank you for your help!

On what system?  Was it syncing the blockchain, or the wallet to the blockchain? You can connect to a remote node for use until your own copy of the blockchain is ready to go.

I find that starting the daemon, and not starting GUI until after it is up to speed works best is the only way to make it work on my old windows setup.  I put this entirely down to old hardware that was not fast even new, and of course, windows.  As has been posted before, cutting edge software works best on cutting edge hardware.

My local system has an AMD 6 core processor, 12 gb memory, SSD, and a 100 Mbit fiber connection. It is not the newest computer but I didn't think it would take this long to sync. The disk usage doesn't go over 10%, the cpu doesnt go over 38%, and network is under 3 Mbps. I don't actually know the if it is syncing the blockchain or the wallet to the blockchain.

Below is what I did:
  • Downloaded and installed Monero https://downloads.getmonero.org/win64
  • Downloaded and copied blockchain.raw to monero gui folderhttps://downloads.getmonero.org/blockchain.raw
  • Imported the blockchain monero-blockchain-import.exe --verify 0 --input-file ./blockchain.raw
  • Ran the daemon until it was fully synced monerod.exe
  • Saved with save
  • Opened Monero Gui with monero-wallet-gui.exe
  • Entered password and the status at the bottom left said it was Synchronizing
The synchronizing that seems to take forever is the one at the bottom left within the wallet. To troubleshoot I also rebooted, deleted the monero programs folder, redownloaded monero,  deleted c:\programdata\bitmonero, deleted C:\Users\%username%\AppData\Roaming\bitmonero,  deleted the registry location Computer\HKEY_CURRENT_USER\Software\monero-project and started over. Also at one point started over and used the monero-wallet-cli.exe after the blockchain synced with monerod.exe but I didn't know how to open an existing wallet, so I deleted it all and started over with the gui instead of cli at that step. Thanks for your help as I learn more about this.

Below is a screenshot of the synching window I am referencing.
https://i.imgur.com/e9fdoby.png



Sounds like you deleted the blockchain in your troubleshooting.
  Your system seems sufficient that if you just let it run, it would be done or nearly so the next morning.
  You did not mention what OS.  Not that I have a clue, but by now I at least know the basic info the guru's will want in order to help you  Wink  

With your system I think I'd just start the GUI and let it do the rest. Check on it in a day or two.

I am running Windows 10 and also updated the first post. I will let it run over night and see where it is in the morning (last time 24 hours was not enough). Thanks for help so far. If anyone else also has ideas I am welcome to hear them too.
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December 19, 2017, 08:13:54 AM
 #37379

Multisignature has been merged: https://www.reddit.com/r/Monero/comments/7kfuqy/multisignature_just_got_merged/

Thank you, devs! Another great accomplishment!

yeah, from now on it can be integrated into the next core wallet release  and this is a huge advance, I think it will move the market.
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December 19, 2017, 10:06:29 AM
 #37380

I am a new to Monero and running into some issues syncing the blockchain for the first time. 

I downloaded and ran monero-gui-v0.11.1.0 . The sync was taking over a day and still had a lot left so I looked for ways to speed this up. I read you can download the raw blockchain (https://www.monero.how/tutorial-how-to-speed-up-initial-blockchain-sync) imported and finished the sync. Once it finishes I save and shut down the daemon.  I launched the gui and it tries to start syncing all over again.  Am I doing something wrong? I thought the blockchain was fully synced and downloaded and I don't know if it will ever finish syncing through the Gui. Any suggestions on getting the blockchain to sync faster through the gui? Thank you for your help!

See:

Quote
Note: This sync actually involves two kinds of syncing. First, the blockchain sync, which is basically downloading the blockchain from other nodes / peers. Second, the wallet sync, which is the wallet “refreshing” / scanning blocks looking for transactions belonging to your address / wallet. The GUI is currently using the same status bar for both syncs, which can be a bit confusing to newcomers. Fortunately, this will be fixed in the next release. Thus, if you see the “Blocks remaining:” starting all over again, it’s the wallet refreshing.

https://medium.com/@Electricsheep56/the-monero-gui-wallet-broken-down-in-plain-english-bd2889b8c202

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