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

[MalMen]

bla bla bla...

There are a plenty of reasons to use monero over dash, the people are pointing to you all of them and you just keep fudding, so please just move to another boring topic when this was already been discuted over and over and leave this topic to propper discution... thank you

[opennux]

I just started looking into monero b/c it appears to be the best anonymous coin and the value that can provide is what made bitcoin what it is today. For those of you that don't know what I'm talking about, you don't need to know.

But there is a legit beef. I'm an IT guy and it is NOT TRIVIAL to do transactions. The wallet is called "simplewallet" it runs via a command line interface (CLI). I tried to use some third party gui "lightwallet" but that is a total joke. It wouldn't even write the config file. After 30 mins screwing with that piece of junk, I gave up.

1. There is no desktop GUI client wallet. I find that pretty poor planning. If you have no GUI wallet, then you have no usage. Someone badly needs to step up to the plate and get that built.

2. The fact it doesn't share bitcoin's codebase is both a curse and a sparkling diamond. B/c it doesn't get some free code from the bitcoin project, the client and updates are slower.

Going back to #1.

MONERO GET A GUI CLIENT UP NOW. The coin is worthless if it requires a CS degree to use a CLI wallet to use the damn thing. Consider who your target audience is. Also explain right off the bat what the viewkey is, the spendkey, and the PAYMENT ID (which I understand is mandatory for some merchants in order to verify a transaction even existed). mymonero.com is nice but you understand the entire purpose of this coin is super privacy. You can't have people viewing transactions on a website b/c there's no GUI client. Bam there goes privacy.

That should be priority 1 while you continue to work on the infrastrature. Get some usage, feedback, and more merchant support. Please. Otherwise the entire effort may be in vain.

There will be a GUI not now but soon.  It is actively being worked on with most of the work already done and the rest was just funded.  See here, screenshots and every thing.  https://forum.getmonero.org/9/work-in-progress/2476/the-official-qt-gui-project

If you are an IT guy it should not be a big deal for you and I assume your critique is about the wider use of the coin.  It is an issue that keeps coming up so that will be reflected in the answers you get here.  I'm not an IT guy but an idiot but with some motivation and help from the community I learned to use simple wallet with no problems.  As an IT guy you can always contribute to this open source project.

Well I just joined the dev team to help in this effort. Instead of just bitching, I'm now gonna take part in hopefully making this GUI a reality sooner rather than later.

Absolutely awesome. Good on you.

[aiwe]

Guy is right.... in sense that Monero needs more PR, exposure, fancy site, nice pictures and videos, articles, interviews etc. Judging from myself, because LTC, Dash were first coins I tried after BTC. I am not just talking, I am trying to submit my humble contribution. We can crowd-PR Monero to the moon

[birr]

Be careful what you wish for.

[Johnny Mnemonic]

While I agree that a packaged GUI would benefit XMR, usability at this point should generally be a third-party concern. Does anyone still use Bitcoin QT?

I'm more interested in seeing new third-party projects like XMR.TO or MyMonero that make the currency accessible to people unwilling or unable to run full nodes.

[hiddensphinx]

the gui wallet sure looks sexy, cant wait for it to come out

mobile wallet in the works too?

[dEBRUYNE]

While I agree that a packaged GUI would benefit XMR, usability at this point should generally be a third-party concern. Does anyone still use Bitcoin QT?

I'm more interested in seeing new third-party projects like XMR.TO or MyMonero that make the currency accessible to people unwilling or unable to run full nodes.

Have you seen how ugly and inconvenient it is? That might be the reason.

[dEBRUYNE]

the gui wallet sure looks sexy, cant wait for it to come out

mobile wallet in the works too?

There is an android wallet already:

https://play.google.com/store/apps/details?id=com.ionicframework.monerowallet116498

[pookielax31]

I really fail to comprehend how Dash (or darkcoin or w/e crap name they come up with next week) has any value at all in a market that also has Monero. I guess the market will correct at some point.

Dash aims to create real cash that everyone can use not only some coder geeks selling each other pot in between coding sessions from a wallet command prompt. There's a big focus on user adoption, ease of use, viable funding method and so on. This is the only way the project can grow and become a real alternative to cash.

Monero thinks small time and still entrenched in this niche bullshit mindset.

Lulz "Monero thinks small time and still entrenched in this niche bullshit mindset." Look at all the brain power that has gone into this project, ( some of that brain power just recently de-anonymized all of the shadowcash chain... tech that your leader Evan wanted to acquire) they are focusing on the core development which has turned some heads in the crypto space to begin with. Has dash survived an actual attack on their network? I think not. Did you know that one of the main reasons Dashs price is where it is? Ottoh the whale. Do you know who strong armed Evan to change the name to Dash? Ottoh did. You have two central points of failure Evan who like someone pointed out controls the spork key... then you have an enormous whale named Ottoh who strong arms the other central point of failure to do what he sees best...... dont forget the instamine evan added in at the very beginning!  XMR has no premine and no instamine, (Though it may have had its own problems with mining in early days to be fair, but this wasn't something that was blatantly added much like the ENORMOUS instamine Evan willing added in)  Darksend is an absolute joke... run along now and pump your dying coin somewhere else...

[aiwe]

mobile wallet in the works too?

There is one mobile wallet for android, works with www.monerowallet.com. Though not as sexy as for example Jaxx.
What I badly want it's that moneroaddress.org could develop into something like myetherwallet.com. I am not sure it's possible, just an idea.

[Johnny Mnemonic]

While I agree that a packaged GUI would benefit XMR, usability at this point should generally be a third-party concern. Does anyone still use Bitcoin QT?

I'm more interested in seeing new third-party projects like XMR.TO or MyMonero that make the currency accessible to people unwilling or unable to run full nodes.

Have you seen how ugly and inconvenient it is? That might be the reason.

Perhaps, but I suspect the most common reason is that it's simply not practical for the average user to host a 20gb blockchain and run a full node in order to make transactions.

That said, what will a future XMR wallet look like for the "average joe" Monero user in, say, 2020?

[GingerAle]

mobile wallet in the works too?

There is one mobile wallet for android, works with www.monerowallet.com. Though not as sexy as for example Jaxx.
What I badly want it's that moneroaddress.org could develop into something like myetherwallet.com. I am not sure it's possible, just an idea.

I don't see what the difference is? myetherwallet.com provides a QR code for the wallet address and private key... ?

While I agree that a packaged GUI would benefit XMR, usability at this point should generally be a third-party concern. Does anyone still use Bitcoin QT?

I'm more interested in seeing new third-party projects like XMR.TO or MyMonero that make the currency accessible to people unwilling or unable to run full nodes.

Have you seen how ugly and inconvenient it is? That might be the reason.

Perhaps, but I suspect the most common reason is that it's simply not practical for the average user to host a 20gb blockchain and run a full node in order to make transactions.

Well thats gonna be the case for *any* cryptocurrency. With this line of logic, the next major effort should be electrum style infrastructure.

[Johnny Mnemonic]

Well thats gonna be the case for *any* cryptocurrency. With this line of logic, the next major effort should be electrum style infrastructure.

That's what I'm hinting at. I edited my previous post:

That said, what will a future XMR wallet look like for the "average joe" Monero user in, say, 2020?

Monero has a hurdle in that Electrum style wallets come with a significant privacy cost. Will this be a scalability bottleneck?

EDIT: Not to mention the "electrum style" wallets that we're used to aren't really possible with Monero, as you need the private key (or viewkey) and have to scan the entire blockchain in order to get an address balance.

[aiwe]

What I badly want it's that moneroaddress.org could develop into something like myetherwallet.com. I am not sure it's possible, just an idea.

I don't see what the difference is? myetherwallet.com provides a QR code for the wallet address and private key... ?

Well, it's possible to enter seed and check balance, even send ether from opened wallet, see 'Send transaction' tab.
EDIT: I suspect that in case of Monero it is more complicated as we can't just look at the block explorer to check balance, so trusted node load for such a thing can be big.

[dEBRUYNE]

Well thats gonna be the case for *any* cryptocurrency. With this line of logic, the next major effort should be electrum style infrastructure.

That's what I'm hinting at. I edited my previous post:

That said, what will a future XMR wallet look like for the "average joe" Monero user in, say, 2020?

Monero has a hurdle in that Electrum style wallets come with a significant privacy cost. Will this be a scalability bottleneck?

EDIT: Not to mention the "electrum style" wallets that we're used to aren't really possible with Monero, as you need the private key (or viewkey) and have to scan the entire blockchain in order to get an address balance.

Perhaps by the time it will become a scalability bottleneck there is a solution already.

[GingerAle]

Well thats gonna be the case for *any* cryptocurrency. With this line of logic, the next major effort should be electrum style infrastructure.

That's what I'm hinting at. I edited my previous post:

That said, what will a future XMR wallet look like for the "average joe" Monero user in, say, 2020?

Monero has a hurdle in that Electrum style wallets come with a significant privacy cost. Will this be a scalability bottleneck?

I don't think so... and I do believe you and I have hashed this out before . Again, I think all thats necessary is a subset of the blockchain to provide adequate ring partners. So regardless of how large the whole blockchain is, you can maintain simply 2 gigs of random blockchain data and your wallet can select from those outputs. This 2 gig subset will refresh and change on some schedule.

Trust me, if I knew how to code this is what I would figure out.

Well, that and remote transaction pushing. Stupid work eating my time.

[Johnny Mnemonic]

Well thats gonna be the case for *any* cryptocurrency. With this line of logic, the next major effort should be electrum style infrastructure.

That's what I'm hinting at. I edited my previous post:

That said, what will a future XMR wallet look like for the "average joe" Monero user in, say, 2020?

Monero has a hurdle in that Electrum style wallets come with a significant privacy cost. Will this be a scalability bottleneck?

I don't think so... and I do believe you and I have hashed this out before . Again, I think all thats necessary is a subset of the blockchain to provide adequate ring partners. So regardless of how large the whole blockchain is, you can maintain simply 2 gigs of random blockchain data and your wallet can select from those outputs. This 2 gig subset will refresh and change on some schedule.

Trust me, if I knew how to code this is what I would figure out.

Well, that and remote transaction pushing. Stupid work eating my time.

But you need the entire blockchain at some point in order to know your balance. Are you suggesting using a remote chain for that while also storing the chain "fragment" locally?

[birr]

mobile wallet in the works too?

There is one mobile wallet for android, works with www.monerowallet.com. Though not as sexy as for example Jaxx.
What I badly want it's that moneroaddress.org could develop into something like myetherwallet.com. I am not sure it's possible, just an idea.

I'd like to try monerowallet.com.  Can you download it from github?  I couldn't find it there.

[luigi1111]

Well thats gonna be the case for *any* cryptocurrency. With this line of logic, the next major effort should be electrum style infrastructure.

That's what I'm hinting at. I edited my previous post:

That said, what will a future XMR wallet look like for the "average joe" Monero user in, say, 2020?

Monero has a hurdle in that Electrum style wallets come with a significant privacy cost. Will this be a scalability bottleneck?

I don't think so... and I do believe you and I have hashed this out before . Again, I think all thats necessary is a subset of the blockchain to provide adequate ring partners. So regardless of how large the whole blockchain is, you can maintain simply 2 gigs of random blockchain data and your wallet can select from those outputs. This 2 gig subset will refresh and change on some schedule.

Trust me, if I knew how to code this is what I would figure out.

Well, that and remote transaction pushing. Stupid work eating my time.

But you need the entire blockchain at some point in order to know your balance. Are you suggesting using a remote chain for that while also storing the chain "fragment" locally?

There are ways around this, such as out-of-band signaling, or recipient-provided keys. There are different trade-offs, though, and I haven't yet found the "perfect" one.

[Herp]

I've heard ZCash had some very ugly things to say about Monero lately. Any comments on that?