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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4643337 times)
kamaljit.singh
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June 15, 2018, 02:14:55 AM
 #39041

https://www.youtube.com/watch?v=joAZQXp69Kw&feature=youtu.be …. #xmr @monero @MorphToken @qwkmonero @xcubicle @fluffypony #monero
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June 15, 2018, 03:26:05 AM
 #39042

I’m transferring funds to mymonero wallet and mymonero wallet is not showing my xmr. Blocks behind keeps increasing. Is there a reason for this?
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June 15, 2018, 04:17:42 AM
 #39043

I’m transferring funds to mymonero wallet and mymonero wallet is not showing my xmr. Blocks behind keeps increasing. Is there a reason for this?

Why not just use a regular wallet?

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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June 15, 2018, 06:47:03 AM
 #39044

Dash has a bigger market cap, I prefer to invest in the TOP privacy coin! 👍💪😁 good luck to the small cap menero lol

It’s gold for nerds
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June 15, 2018, 09:47:27 AM
 #39045

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote
The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Maybe the botnets didn't bother to change over, they would appear to still be running, but against the old fork, wouldn't they?

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June 16, 2018, 12:55:15 AM
 #39046

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote
The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Maybe the botnets didn't bother to change over, they would appear to still be running, but against the old fork, wouldn't they?

Only if they were mining on their own pool (and also failed to update their pool), but that's not what we have ever seen for identified malware (like those in the article). It always seems to point at a public pool, in which case it would just stop mining at fork (if the pool updated, but most did).

Also, as stated above, in 2.5 months they would have upgraded by now if they could. Only ASICs can't.
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June 16, 2018, 08:04:36 AM
Last edit: June 16, 2018, 08:29:01 AM by Globb0
 #39047

Thanks for the thoughts, maybe they even lost control of the botnet by now. Anything is possible.

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lncm
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June 16, 2018, 10:12:14 AM
 #39048

Could someone elaborate about Ledger Nano S Monero support?

Will it be required an upgraded firmware? Will it be native to Ledger Nano S or interface remains Monero Wallet with hardware validation (like MEW and Stellar wallets online)?

Thanks.
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June 16, 2018, 10:31:07 AM
 #39049

I'm also poised to buy a Nano

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Cora_ED
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June 16, 2018, 10:34:41 AM
 #39050

I'm going to buy some more coins XMR, at the current price on the market really want to do it. But as it has been more than once, when you buy, the price goes even lower. Who thinks the price of monero these days?
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June 16, 2018, 10:56:23 AM
 #39051

against the background of a general market fall, I understand why the price of the coin fell so much, but still I think that the coin is promising and it will still grow

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June 16, 2018, 11:06:30 AM
 #39052

against the background of a general market fall, I understand why the price of the coin fell so much, but still I think that the coin is promising and it will still grow

It is not a matter where is the price right now we still have good chance to make comeback when ongoing down trend will get finished. Monero will be among gainers in very short time of period it will be worth for it.
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June 16, 2018, 11:10:16 AM
 #39053

Could someone elaborate about Ledger Nano S Monero support?

Will it be required an upgraded firmware? Will it be native to Ledger Nano S or interface remains Monero Wallet with hardware validation (like MEW and Stellar wallets online)?

Thanks.

You have to run the Monero app in conjunction with the Monero software (either the CLI or the GUI). Note that, in the initial version, you can only generate a Ledger Monero wallet with the CLI. However, you can subsequently use it in the GUI. In addition, see:

https://monero.stackexchange.com/questions/8503/how-do-i-generate-a-ledger-monero-wallet-with-the-cli-monero-wallet-cli

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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June 16, 2018, 04:04:04 PM
 #39054

Could someone elaborate about Ledger Nano S Monero support?

Will it be required an upgraded firmware? Will it be native to Ledger Nano S or interface remains Monero Wallet with hardware validation (like MEW and Stellar wallets online)?

Thanks.

You have to run the Monero app in conjunction with the Monero software (either the CLI or the GUI). Note that, in the initial version, you can only generate a Ledger Monero wallet with the CLI. However, you can subsequently use it in the GUI. In addition, see:

https://monero.stackexchange.com/questions/8503/how-do-i-generate-a-ledger-monero-wallet-with-the-cli-monero-wallet-cli

Thanks, I was missing the ledger monero app, it was under that "show developer itens".

I think I'll wait for 12.2 GUI, however.
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June 16, 2018, 06:54:24 PM
 #39055

i have tried to install monero wallet will not connect node .. it says manually do monerod which i have tried but windows comes up with stopping not working
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June 16, 2018, 07:03:19 PM
 #39056

hey guys i have been following monero for a long time now and i can see that its the top privacy coin however im seeing a lot of strong competition popping up which seam to have a lot of scaling solutions.
what does monero have planned to address the scaling issues ?
i think in this current era that being able to handle a high amount of transactions per second would be extremely important.

i appreciate any answers and replies in advance.
Thanks

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June 16, 2018, 07:31:40 PM
 #39057

hey guys i have been following monero for a long time now and i can see that its the top privacy coin however im seeing a lot of strong competition popping up which seam to have a lot of scaling solutions.
what does monero have planned to address the scaling issues ?
i think in this current era that being able to handle a high amount of transactions per second would be extremely important.

i appreciate any answers and replies in advance.
Thanks

Bullet proofs are developed and in testing, they will bring an 80+% space savings on chain.

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June 16, 2018, 08:53:44 PM
 #39058

hey guys i have been following monero for a long time now and i can see that its the top privacy coin however im seeing a lot of strong competition popping up which seam to have a lot of scaling solutions.
what does monero have planned to address the scaling issues ?
i think in this current era that being able to handle a high amount of transactions per second would be extremely important.

i appreciate any answers and replies in advance.
Thanks
Dash is the top privacy coin 😁 just though I’d clarify. You can see it on coin market cap.

It’s gold for nerds
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June 16, 2018, 09:26:34 PM
 #39059

i think in this current era that being able to handle a high amount of transactions per second would be extremely important.

Number of Monero transactions do not really increase that much.  As it is so far it will take years that Monero will reach number of transactions that Bitcoin have today.  And with the bulletproofs I dont see any problems for Monero even when Monero will have few times of the current Bitcoins transaction number.

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June 17, 2018, 12:12:24 AM
 #39060

im seeing a lot of strong competition popping up which seam to have a lot of scaling solutions.


i appreciate any answers and replies in advance.
Thanks

You are? Are you going to tip the tread off to the strong competition, or are we just meant to believe you?

Try, "I'm seeing a lot of completion like [put competition here] " etc.

Thanks in advance

(Definition of seem
1 : to appear to the observation or understanding
2 : to give the impression of being)




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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
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