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

[jwinterm]

Unbelievable how many coins have died since winter 2018, but Monero is still the one I think has a great future ahead!

It remains to be seen. In Korea, privacy coins such as Monero are being delisted which was reported to be coming from regulatory pressure. The key is always usage - as long as many are using Monero for private transactions, it will always have value.

Yup, the world follows Korea...we're doomed!

I remember best Korea seemed to have somewhat of an interest in Romero.

[1701484530]

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[1701484530]

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[lestherat]

Guys be sure you will be ready for 30 Nov  Important not new coin will be created, is a fork but not a split fork as bch did

General information about the scheduled network upgrade
    
October 24 - Code freeze

October 31 - Targeted v0.15 release date

November 30 - Network upgrade

Approximately the 30th of November there will be a scheduled network upgrade on the Monero network. To be sufficiently prepared, a user, service, merchant, pool operator, or exchange should run CLI v0.15 or GUI v0.15. The scheduled network upgrade introduces a few major changes. First and foremost, a new long-term Proof-of-Work algorithm, namely RandomX, will be introduced. Miners therefore ought to upgrade their mining software as well. Second, long payment IDs will be phased out in order to improve privacy and user experience as well as reduce support work for services and exchanges. Third, transactions will now require at least two outputs. Fourth, the ten block (approximately twenty minutes) lock time for incoming transactions will be enforced on the protocol level. Both these changes will improve privacy for the user as well as for the whole network.

A few notes:

    RandomX was successfully audited by four independent audit teams.

    The Monero Outreach team wrote an informative article about RandomX.

    A tentative fork height was set, namely block 1978433 (~17:00 UTC on 30th November).

    Due to variance the scheduled network upgrade will take place on or around the 30th of November. There is, however, no specific date as the hard fork will be triggered by a specific blockheight.


How do I upgrade and ensure I am sufficiently prepared?

There will be more elaborate instructions once the v0.15 release binaries are published. However, it essentially boils down to upgrading your software (either the CLI or the GUI) to v0.15. This will ensure you are sufficiently prepared for the scheduled protocol upgrade.

In case you are using a third party wallet, please see below.

Paper wallet:

You don't have to do anything. However, if you want to restore a wallet after the scheduled network upgrade, you need to use the new v0.15 software.

MyMonero (web):

You don't have to do anything, as MyMonero will be properly upgraded in advance of the scheduled network upgrade.

Third-party desktop wallets (e.g. MyMonero):

There will be no changes to the transaction format. As such, third-party desktop wallets merely have to upgrade their back-end software. That being said, they may also release a new version.

Mobile wallets:

    Mobile wallets utilizing a remote node (e.g. Cake Wallet, Monerujo, X Wallet, and Wookey) will have to release a new version in order to remain compatible. Users ought to upgrade to this new version.

    Mobile wallets utilizing a light server (e.g. MyMonero, Edge Wallet, ZelCore, Coinomi, Guarda Wallet, and Exa Wallet) merely have to upgrade their back-end software (given that there are no changes to the transaction format). That being said, they may also release a new version.

Solo mining:

This process is similar to the upgrade process for the CLI or the GUI.

Pool mining:

Your pool operator should upgrade to the new version. In addition, you should update your mining software to the latest version (the one that includes code to accommodate RandomX).


Info taken from  https://www.reddit.com/r/Monero/comments/d884zt/preliminary_information_thread_regarding_the/

[HarHarHar9965]

Monero (XMR) is a distributed ledger project touted as one of the world’s leading privacy-centric coins. The Monero project has carved out a deep niche in its respective community by placing heavy emphasis around being private, electronic cash. While the system itself utilizes the same UTXO structure as Bitcoin, it’s design shifts in the way these UTXO’s are packaged and broadcast to the network, utilizing one-time ring signature architecture, effectively creating an unlinkable transaction where an on looking third party cannot identify the output.

[Zonton]

Hm, maybe you’re right, just few people are talking about this coin now... Everything that you wrote is good, but unfortunately it didn’t affect the price.

"Buy when there's blood in the streets, even if the blood is your own." -Baron Rothschild

That's hardcore words, not everybody can buy in such market as we are watching now.
I will note these words.

[7jaka7]

Hm, maybe you’re right, just few people are talking about this coin now... Everything that you wrote is good, but unfortunately it didn’t affect the price.

"Buy when there's blood in the streets, even if the blood is your own." -Baron Rothschild

That's hardcore words, not everybody can buy in such market as we are watching now.
I will note these words.

Not everybody is rich and making money with investing... In fact, most of the people are losing money when investing.
By the way, why they can't buy Monero right now? It's actually priced very low so they can buy more XMR with less $. And the general economic situation is pretty good too. So people should have some spare money to make investments.
Don't note it... "Just do it!" - Nike.

[Nomar]

Hm, maybe you’re right, just few people are talking about this coin now... Everything that you wrote is good, but unfortunately it didn’t affect the price.

"Buy when there's blood in the streets, even if the blood is your own." -Baron Rothschild

That's hardcore words, not everybody can buy in such market as we are watching now.
I will note these words.

Not everybody is rich and making money with investing... In fact, most of the people are losing money when investing.
By the way, why they can't buy Monero right now? It's actually priced very low so they can buy more XMR with less $. And the general economic situation is pretty good too. So people should have some spare money to make investments.
Don't note it... "Just do it!" - Nike.

Maybe they think the price is not cheap enough! There are also many projects with very low valuations!

[Hueristic]

... There are also many projects with very low valuations!

None that hold the potential that this project has.

[scolary23]

... There are also many projects with very low valuations!

None that hold the potential that this project has.

Well, there are many interesting projects. Monero is very interesting in that it has a lot of computing power from the miners. Such coins just don’t die and the chance that the project will slide to 0 is very small.

I would add that Monero has an unpleasant bonus in that - almost all hidden miners work under this coin. At least, all the news that I noticed is based on the fact that mining is hidden under the Monero.

[taibas]

... There are also many projects with very low valuations!

None that hold the potential that this project has.

Well, there are many interesting projects. Monero is very interesting in that it has a lot of computing power from the miners. Such coins just don’t die and the chance that the project will slide to 0 is very small.

I would add that Monero has an unpleasant bonus in that - almost all hidden miners work under this coin. At least, all the news that I noticed is based on the fact that mining is hidden under the Monero.

The fact is that most hidden miners work under the Cryptonight algorithm. And Monero is the largest coin that works on this algorithm, that's all they say.

[Zonton]

If there is free money, I would buy a Monero now, because compared to 2017, the price is very cheap and can jump at any moment.

[balla69]

Hi, why into monero wallet there's not the functionality for copy with right click of the mouse or drags the password for open the wallet???

The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....

Or there's another solution for insert the password when open the wallet ?

[dEBRUYNE]

Hi, why into monero wallet there's not the functionality for copy with right click of the mouse or drags the password for open the wallet???

The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....

Or there's another solution for insert the password when open the wallet ?

Have you tried using CTRL + C (copy) and CTRL + V (paste)?

[pressing207]

I appreciate! Good fellows! Own and unique representation of blockchain...

[balla69]

Thanks..... ctrl-C and ctrl-V it's the solution.

Thanks another time dEBRUYNE

[~Money~]

Hi, why into monero wallet there's not the functionality for copy with right click of the mouse or drags the password for open the wallet???

The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....

Or there's another solution for insert the password when open the wallet ?

Have you tried using CTRL + C (copy) and CTRL + V (paste)?

or maybe Command-C, Command-V in case he is on my boat
there are always countless solutions to each problem but most just need to be found

[dEBRUYNE]

Thanks..... ctrl-C and ctrl-V it's the solution.

Thanks another time dEBRUYNE

You're welcome.

[Sancho18]

Paper wallet:

You don't have to do anything. However, if you want to restore a wallet after the scheduled network upgrade, you need to use the new v0.15 software.

I hope the upcoming planned hardfork will be successful. I keep a few coins in a paper wallet and glad that no extra effort will be required.

And I like my favorite T-shirt "Don't Buy Monero, It's Bad For Banks". 

[Hueristic]

And I like my favorite T-shirt "Don't Buy Monero, It's Bad For Banks".  

I hope the upcoming planned hardfork will be successful. I keep a few coins in a paper wallet and glad that no extra effort will be required.

All the other upgrades have been successful so there is no reason this one won't be as well.

[Sancho18]

And I like my favorite T-shirt "Don't Buy Monero, It's Bad For Banks".  

I hope the upcoming planned hardfork will be successful. I keep a few coins in a paper wallet and glad that no extra effort will be required.

All the other upgrades have been successful so there is no reason this one won't be as well.

This is true, but with the previous hardfork, a noticeable drawdown of the hashrate was observed, and several alternative chains appeared at once, though they seem to have come to naught over time. I hope this time this does not happen or the decrease in hashrate will be smaller.

ps Sorry, I’m embarrassed to upload personal photos to reduce the risk of de-anonymization. I ordered the print myself, inspired by this. But of course you can not believe me, it is your right.

[CryptTech]

If you want see Monero on BattleHashes game, vote for it https://battlehashes.com/votes