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

[zechiel]

Is there an easy way to export the private keys in a human-readable format?

[coine_smithe]

Remember guys the future battle isn't between some scam coin (XC, Dark) or even a real coin like Litecoin, but the battle will be between the great four (as I have came to call them).

Bitcoin.
Ethereum.
Nxt.
Monero.

I'm still on the lookout for anything else to add to this list.

I don't see the 2.0 crypto as competing in the same class. Ethereum and nxt may compete in some applications, and mro has to displace btc from some of its less appropriate current uses, but really all four of them can work synergistically, each providing its own distinctive functions, to the benefit of all participants in the crypto economy - including each other.


Monero's major competition may be zerocash. Personally I will not be entrusting my life and wealth to anyone saying " trust me", but others may not be so discriminating.

It depends on whether trust can be built in the system. The social contract of everyone involved in the ceremony when the Zerocash keys are destroyed, and those in the community who understand the technology and can scrutinize the event will determine whether that trust can extend into the general public. But it could happen. If that trust is built, then beyond those faults, Zerocash is probably superior to Monero. I think the deciding factor will be adoption and making people understand Monero's ring signature technology so that when Zerocash comes about, they will be able to fairly compare the two with full understanding. That's why I made the point earlier about trying to expand the market for this coin through Mintpal and other avenues sooner rather than later. It may be too late by the time the wallet is out to compete with other technologies. In the end this coin may end up being the Betamax to Zerocash's VHS if they are not careful.

What I see currently happening, is waning interest due to the price falling, which will cause some miners to lose interest. This will in turn cause the price to fall further as miners are a good portion of the early investors and promoters of a coin in the crypto community. Then the hashrate will fall and the difficulty as well, and a smaller and smaller number of miners will hoard all of the coins in hopes that they will some day be worth money. Then in three or four months, when Darksend is established and in common usage, Darkwallet is out for Bitcoin, Zerocash is being released, Monero will come out with a wallet and the community will be like, "So what, a wallet for this fringe technology that I don't understand." You risk overestimating the mindshare that the ring signature technology will garner. For better or worse, even the best technologies can be swept to the wayside by other technologies that have people promoting them, selling them, and educating people about them.

[xxnirvana69xx]

What happened with moneropool.com? Waiting for payout for the last 140+ blocks...

[eizh]

It depends on whether trust can be built in the system. The social contract of everyone involved in the ceremony when the Zerocash keys are destroyed, and those in the community who understand the technology and can scrutinize the event will determine whether that trust can extend into the general public. But it could happen. If that trust is built, then beyond those faults, Zerocash is probably superior to Monero. I think the deciding factor will be adoption and making people understand Monero's ring signature technology so that when Zerocash comes about, they will be able to fairly compare the two with full understanding. That's why I made the point earlier about trying to expand the market for this coin through Mintpal and other avenues sooner rather than later. It may be too late by the time the wallet is out to compete with other technologies. In the end this coin may end up being the Betamax to Zerocash's VHS if they are not careful.

The trusted key generation/destruction and the ZKP size are not even the central problems with ZeroCash -- they just get the most attention because they're easy to explain to a general audience. The main problem is that under total blinding, at any given time it's unknowable if the system has already been compromised. In other words, I could go on using false ZKPs to repeatedly spend coins that don't exist in the accumulator and this act is undetectable by design.

Therefore version 1.0 of the ZeroCash release code better be 100% bug-free and exploit-free. No comment to those counting on that.

[pandacoin]

http://mro.extremepool.org is up and working perfectly!  

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremepool.org:5555 -u address -p x

I downloaded cpuminer-multi-wolf-05-29-2014, when I clicked minerd nothing comes in dos screen and it disappears. What should I do?

[superresistant]

Hello everyone,
We've been working hard with my friend to improve the pool : http://monero.crypto-pool.fr
We'll find much more block, the orphaned block rate will be much lower, the payment will be more regular.
Let's hash !!

What have you done to that end, exactly? Have you optimized the pool's code somehow? 

Yes, all the pool processes are very unstable and it is a pain to check and identify all the problems.
We implemented some fix and automatic restart.

The effect is truly noticeable :

[nikos64]

http://mro.extremepool.org is up and working perfectly!  

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremepool.org:5555 -u address -p x

I downloaded cpuminer-multi-wolf-05-29-2014, when I clicked minerd nothing comes in dos screen and it disappears. What should I do?

In Windows:
Make a .txt file in the same folder as minerd.exe, put the command you mention in there, and then rename it to mining.bat (not txt extension).
Click on this and the mining begins.

[Yurches]

Confirm... no payout for last two hours from moneropool.com

[squall_sw]

Confirm... no payout for last two hours from moneropool.com

me too！How about the pool？

[btcshop]

Confirm... no payout for last two hours from moneropool.com

me too！How about the pool？

Me too!What happened!

[tarantoga]

If you have problems compiling cpuminer, these static cpuminer binaries for old (and new) Linux distributions should save you some time:
http://monerominers.net/#static_linux
  compiled with GCC 4.8

    minerd_LucasJones-static-newlinux-AMD-piledriver-20140602.x86_64
    minerd_LucasJones-static-newlinux-core2-20140602.x86_64
    minerd_LucasJones-static-newlinux-corei7-20140602.x86_64
    minerd_LucasJones-static-newlinux-corei7-avx-20140602.x86_64


 compiled with GCC 4.4 and tested on Red Hat 5

    minerd_LucasJones-static-oldlinux-core2-20140602.x86_64
    minerd_LucasJones-static-oldlinux-core2-aes-20140602.x86_64


Please let me know how it works for you. I might add more flavors, e.g. wolf9466.

monerominers.net is also a brand new, small community pool.
1% fee, standard setup. We don't embed external JavaScript → Tinfoil hats welcome.

astralt @ freenode (#monero)

[pandacoin]

http://mro.extremepool.org is up and working perfectly!  

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremepool.org:5555 -u address -p x

I downloaded cpuminer-multi-wolf-05-29-2014, when I clicked minerd nothing comes in dos screen and it disappears. What should I do?

In Windows:
Make a .txt file in the same folder as minerd.exe, put the command you mention in there, and then rename it to mining.bat (not txt extension).
Click on this and the mining begins.

Thank you, I did .bat file but this time when I click it says minerd.exe has stopped working. (win7 64 bit, I downloaded correct programs) What could be the problem?

[regnevacs]

we need some noob-guide mining on the OP to make MRO interesting!

[fluffypony]

Wow. I can't find it anymore. I saw it yesterday

Edit:https://cryptocointalk.com/topic/11873-ducknote-duck-information/

rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
rpcport=42081
port=42080
gen=0
server=1
addnode=

That's hilarious - those are Bitcoin and Bitcoin-fork conf values. They wouldn't be used or even picked up by Monero or Ducknote:)

[Arlong]

http://mro.extremepool.org is up and working perfectly!  

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremepool.org:5555 -u address -p x

I downloaded cpuminer-multi-wolf-05-29-2014, when I clicked minerd nothing comes in dos screen and it disappears. What should I do?

In Windows:
Make a .txt file in the same folder as minerd.exe, put the command you mention in there, and then rename it to mining.bat (not txt extension).
Click on this and the mining begins.

Thank you, I did .bat file but this time when I click it says minerd.exe has stopped working. (win7 64 bit, I downloaded correct programs) What could be the problem?

Most probably your CPU doesn't support AES-NI instruction set.Try using cpu miner 1.0.3 from Lucas which is a bit slower but supports all x64 processors.

[smooth]

we need some noob-guide mining on the OP to make MRO interesting!

The noob guide is

open the wallet and type "start_mining [number-of-threads]"

Sure you can set up a pool miner and all that, but that's a tweak. For a complete noob who manages to install a wallet, the above (solo mining) is easier and better.

It's not even that hard to score coins this way. For every 20 noobs who do this on a decent computer, one will get a full block (nice!) each day.

[Febo]

we need some noob-guide mining on the OP to make MRO interesting!

i found about MRO in this thread a week ago: https://bitcointalk.org/index.php?topic=613072.0

I never mined before. I even beside, installing bit coin wallet a year ago and do some captcha solving to see is not worth doing it, know almost nothing of all of this.

That tutorial got me rolling quite fast. What I dont know I ask or just try and what is most important I learn.  

[airtreb]

Confirm... no payout for last two hours from moneropool.com

me too！How about the pool？

is someone have same issue at morenopool.com, its saying on the pool total paid : 4 MRO but did'nt received that amount received only .23 is payout instant or delay? how to determine any transaction in this coin?

[strangewildthing]

Start supporting decentralization!

www.Extremehash.com is giving away another round of 10% mining bonus to support this cause and build more confidence in Monero. Keep the hashes coming this way!

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremehash.com:9999 -u address -p x

Tried it. Hash rate was decent for the pool while I was testing it (roughly 2% of the entire network, i.e. >1 block per hour expected) and got no blocks for many hours. 10% of nothing is nothing. You need to do better to jumpstart it somehow, or fix whatever is wrong with it. For now can't recommend.

The hashrate was not always at a constant 2% of the network, so you can't estimate it this way.


All code has been updated, 10% mining bonus is still on! I will respond to all payout issues.

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremehash.com:9999 -u address -p x

[smooth]

Start supporting decentralization!

www.Extremehash.com is giving away another round of 10% mining bonus to support this cause and build more confidence in Monero. Keep the hashes coming this way!

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremehash.com:9999 -u address -p x

Tried it. Hash rate was decent for the pool while I was testing it (roughly 2% of the entire network, i.e. >1 block per hour expected) and got no blocks for many hours. 10% of nothing is nothing. You need to do better to jumpstart it somehow, or fix whatever is wrong with it. For now can't recommend.

The hashrate was not always at a constant 2% of the network, so you can't estimate it this way.

It was reasonably close. I know how to estimate hash rate. Whatever it was, getting zero blocks during that time period without there being a problem was unlikely.

Your pool is not alone in having issues with underperformance, so I not trying to single you out, just relaying my experience. There are definitely some software and/or deployment issues that need to be worked out with these pools.