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

[Herp]

Ok screw it. Guess I'll just install the wallet on my other 64-bit machine but not happy about it.

Does the wallet download the whole blockchain?

Yes, you need to start bitmonerod (the daemon) to sync the blockchain. After that you can open simplewallet (make sure bitmonerod is still running) to transact.

So isn't there some light wallet like Electrum Monero that doesn't download the whole chain? Dash has two types of wallets, one that downloads the whole chain and another Electrum light wallet. The light wallet is perfect for storage.

Traditional light wallets just try to alleviate RAM usage which is naturally taken care of in this case by dumping the blockchain data to the hard drive. A recent monero change. If I understand it correctly.

Just checked. The Dash Electrum wallet takes around 80MB HDD space and eats 29MB of RAM.

Electrum has a detrimental effect on privacy too, even when using DASH. You can find the Monero lightwallet here -> https://bitcointalk.org/index.php?topic=583449.msg13710902#msg13710902

Like, I've said. I don't wanna get ripped off using dubious wallets. Why isn't this on the official download page?

Is this official? https://getmonero.org/getting-started/choose

scroll to bottom.

I get a red No Daemon connection message. Guess it's not working.

[GingerAle]

Ok screw it. Guess I'll just install the wallet on my other 64-bit machine but not happy about it.

Does the wallet download the whole blockchain?

Yes, you need to start bitmonerod (the daemon) to sync the blockchain. After that you can open simplewallet (make sure bitmonerod is still running) to transact.

So isn't there some light wallet like Electrum Monero that doesn't download the whole chain? Dash has two types of wallets, one that downloads the whole chain and another Electrum light wallet. The light wallet is perfect for storage.

Traditional light wallets just try to alleviate RAM usage which is naturally taken care of in this case by dumping the blockchain data to the hard drive. A recent monero change. If I understand it correctly.

Just checked. The Dash Electrum wallet takes around 80MB HDD space and eats 29MB of RAM.

Electrum has a detrimental effect on privacy too, even when using DASH. You can find the Monero lightwallet here -> https://bitcointalk.org/index.php?topic=583449.msg13710902#msg13710902

Like, I've said. I don't wanna get ripped off using dubious wallets. Why isn't this on the official download page?

Is this official? https://getmonero.org/getting-started/choose

scroll to bottom.

I get a red No Daemon connection message. Guess it's not working.

Your 18081 port open?

http://www.canyouseeme.org/

also that node might be dead.

these nodes are open:
104.255.33.226
194.135.90.69
23.227.190.223

hosted here by the community / some great monerian.
https://bitnodes.net/status/

[dEBRUYNE]

Well I do and Crawallmining does also.

I'd like to see database size decreased, yes. But I surely don't take Dash as a positive example, since I find its privacy concept quite primitive in comparison to Monero.

I presume you are talking about the blockchain size. Database itself only uses a negligible amount of RAM (<100 MB) to store the blockchain.

[fluffypony]

Will better database compression be integrated into the client?
I just compressed the databse with 7-Zip and it has decreased from 7.9GB to 4.2.

The database is denormalised for performance currently. We will normalise the tables over time, depending on how it affects performance. We discussed a database format migration mechanism at the dev meeting on Sunday, logs are here: https://getmonero.org/2016/02/14/overview-and-logs-for-the-dev-meeting-held-on-2016-02-14.html

[Herp]

Just checked. The Dash Electrum wallet takes around 80MB HDD space and eats 29MB of RAM.

Just checked. South African Rands take up no disk space and don't eat any RAM. Best of all, they're exceptionally private.

GUYS LET'S ALL SWITCH TO SOUTH AFRICAN RANDS, K TKS.

Wow. What's with the caps and the yelling? Are you the face of the project?

[Herp]

Ok screw it. Guess I'll just install the wallet on my other 64-bit machine but not happy about it.

Does the wallet download the whole blockchain?

Yes, you need to start bitmonerod (the daemon) to sync the blockchain. After that you can open simplewallet (make sure bitmonerod is still running) to transact.

So isn't there some light wallet like Electrum Monero that doesn't download the whole chain? Dash has two types of wallets, one that downloads the whole chain and another Electrum light wallet. The light wallet is perfect for storage.

Traditional light wallets just try to alleviate RAM usage which is naturally taken care of in this case by dumping the blockchain data to the hard drive. A recent monero change. If I understand it correctly.

Just checked. The Dash Electrum wallet takes around 80MB HDD space and eats 29MB of RAM.

Electrum has a detrimental effect on privacy too, even when using DASH. You can find the Monero lightwallet here -> https://bitcointalk.org/index.php?topic=583449.msg13710902#msg13710902

Like, I've said. I don't wanna get ripped off using dubious wallets. Why isn't this on the official download page?

Is this official? https://getmonero.org/getting-started/choose

scroll to bottom.

I get a red No Daemon connection message. Guess it's not working.

Your 18081 port open?

http://www.canyouseeme.org/

also that node might be dead.

these nodes are open:
104.255.33.226
194.135.90.69
23.227.190.223

hosted here by the community / some great monerian.
https://bitnodes.net/status/

Pfft so the light wallet's useless. Doesn't work right out of the box.

[child_harold]

I don't know why I am helping.

I could hazard a guess…

I've been there and I feel your pain. I dunno if this is the place for refugees (over say Ethereum) and they do have a stringent dress-code here (Sunday Best)…

We live in confusing times.

[fluffypony]

Just checked. South African Rands take up no disk space and don't eat any RAM. Best of all, they're exceptionally private.

GUYS LET'S ALL SWITCH TO SOUTH AFRICAN RANDS, K TKS.

Wow. What's with the caps and the yelling? Are you the face of the project?

No. I am the scapula of the project, though, so there's that.

[erok]

I don't know why I am helping.

I could hazard a guess…

I've been there and I feel your pain. I dunno if this is the place for refugees (over say Ethereum) and they do have a stringent dress-code here (Sunday Best)…

We live in confusing times.

Meh, as I have told you before... I do enjoy trolling trolls.

[GingerAle]

Ok screw it. Guess I'll just install the wallet on my other 64-bit machine but not happy about it.

Does the wallet download the whole blockchain?

Yes, you need to start bitmonerod (the daemon) to sync the blockchain. After that you can open simplewallet (make sure bitmonerod is still running) to transact.

So isn't there some light wallet like Electrum Monero that doesn't download the whole chain? Dash has two types of wallets, one that downloads the whole chain and another Electrum light wallet. The light wallet is perfect for storage.

Traditional light wallets just try to alleviate RAM usage which is naturally taken care of in this case by dumping the blockchain data to the hard drive. A recent monero change. If I understand it correctly.

Just checked. The Dash Electrum wallet takes around 80MB HDD space and eats 29MB of RAM.

Electrum has a detrimental effect on privacy too, even when using DASH. You can find the Monero lightwallet here -> https://bitcointalk.org/index.php?topic=583449.msg13710902#msg13710902

Like, I've said. I don't wanna get ripped off using dubious wallets. Why isn't this on the official download page?

Is this official? https://getmonero.org/getting-started/choose

scroll to bottom.

I get a red No Daemon connection message. Guess it's not working.

Your 18081 port open?

http://www.canyouseeme.org/

also that node might be dead.

these nodes are open:
104.255.33.226
194.135.90.69
23.227.190.223

hosted here by the community / some great monerian.
https://bitnodes.net/status/

Pfft so the light wallet's useless. Doesn't work right out of the box.

what because your port wasn't open or the precoded node was dead?

Sorry that the Monero Network could not serve you properly. Please see our Customer Support service in #monero on freenode on IRC.

[binaryFate]

Pfft so the light wallet's useless. Doesn't work right out of the box.

You're searching for a light wallet, so I presume you're not so keen about your personal privacy? In that case mymonero.com is the best. Tecnically they can *NOT* run with your money.
If you're really keen on privacy, a full node is your best bet. That applies to all cryptocurrencies, dash and bitcoin included.

[child_harold]

Congrats to that guy for de-anon'ing the whole SDC chain - thats some pretty major pwnage. In fact it was so impressively devastating Im slightly worried about the same fate befalling XMR. These things always require a small leap of faith, however, and you guys might be bright enough to pull it off…

All cryptography requires a leap of faith.

The thing that protects Monero's transactions from being deanonymised is the invocation of a secure hash function to create the key image. As has already been extensively written on, Monero uses a secure hash function for this.

A break in a secure hash function has much wider consequences than deanonymising Monero - there would be a significant amount of brokenness in other systems. Trusting Monero's privacy is a matter of trusting hash functions, cryptographic signatures, elliptic curve cryptography, and your system's PRNG (pseudorandom number generator). Since you're already trusting all those things to use Bitcoin and not have your funds stolen by a cryptographically breaking attack, you should be able to trust Monero in the same way.

Thanks for the reply.

[child_harold]

I don't know why I am helping.

I could hazard a guess…

I've been there and I feel your pain. I dunno if this is the place for refugees (over say Ethereum) and they do have a stringent dress-code here (Sunday Best)…

We live in confusing times.

Meh, as I have told you before... I do enjoy trolling trolls.

STRIKE 1

Redacted. I dunno shit. Best of luck to you.

[fluffypony]

For those following, there is a glibc exploit that affects all Bitcoin nodes (and all nodes of Bitcoin clones).

Here is Google's writeup on the issue: https://googleonlinesecurity.blogspot.com/2016/02/cve-2015-7547-glibc-getaddrinfo-stack.html

It can be exploited by an attacker in a number of scenarios, primarily when resolving DNS seeds.

Monero is unaffected by this, as we do not use glibc's getaddrinfo().

[Herp]

For those following, there is a glibc exploit that affects all Bitcoin nodes (and all nodes of Bitcoin clones).

Here is Google's writeup on the issue: https://googleonlinesecurity.blogspot.com/2016/02/cve-2015-7547-glibc-getaddrinfo-stack.html

It can be exploited by an attacker in a number of scenarios, primarily when resolving DNS seeds.

Monero is unaffected by this, as we do not use glibc's getaddrinfo().

Seems to me bitcoin modified forks have a big advantage over obscure poorly developed cryptonote forks for several reasons. They get to benefit from a well developed infrastructure. See the case of the Electrum wallet, which can be easily adapted to serve as a Dash lite wallet.

[jwinterm]

Price goes up, trolls come out to play. It's like an immutable law of physics that price and troll activity are positively correlated

[Herp]

Price goes up, trolls come out to play. It's like an immutable law of physics that price and troll activity are positively correlated

Quite the opposite - troll developers paid whale spineless traders to create a pump and a value trap for unsuspecting victims. When this moNERO black turd tanks, it will go to 2-3 million mkt cap, lower than before.

[binaryFate]

Price goes up, trolls come out to play. It's like an immutable law of physics that price and troll activity are positively correlated

Quite the opposite - troll developers paid whale spineless traders to create a pump and a value trap for unsuspecting victims. When this moNERO black turd tanks, it will go to 2-3 million mkt cap, lower than before.

Here you are little bitter shill.
And we were all kindly answering your questions...
At least some answers will be useful for newbies genuinely interested.

[GingerAle]

Price goes up, trolls come out to play. It's like an immutable law of physics that price and troll activity are positively correlated

Quite the opposite - troll developers paid whale spineless traders to create a pump and a value trap for unsuspecting victims. When this moNERO black turd tanks, it will go to 2-3 million mkt cap, lower than before.

ah damnit. I am the troll developer, so I guess I'm responsible. Sorry guys (or you're welcome).

Did u get any client to work yet?

[phishead]

Price goes up, trolls come out to play. It's like an immutable law of physics that price and troll activity are positively correlated

Quite the opposite - troll developers paid whale spineless traders to create a pump and a value trap for unsuspecting victims. When this moNERO black turd tanks, it will go to 2-3 million mkt cap, lower than before.

So you are saying that every single one of the many devs monero has concocted some plan to:

1) Develop a coin that has completely different code base from bitcoin
2) Develop miners, OS, wallets, etc.
3) Not pre mine
4) Take time out of their day to continually work on it for a fraction of what their skills would normally acquire at a "normal job"

just to rip off some people for a couple of extra BTC's?

Really?? Wowwee!  

 

Edit: Not to mention, PAY someone to do the pump and dump for them??

*Allow me to reintroduce myself, my name is TROLL!*