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

[taxmanmt5]

Today XMR is making smart moves across exchanges

I guess the reason behind this move is many people are diverting profits of ETH in to XMR

No wonder the same will get more stronger in coming days

[forevernoob]

The last time we ran up to 270k last summer was because the company needed to raise a few 100,000 XMR, and did. Since that, there has been other projects but once this one is at the top of the stack, we'll move on with it.

#projects > #time

Alright thanks for the status update.
I really think a USD exchange will be good for Monero.
Few alt coins have USD exchanges.

[hbqw12as]

The wallet this reminder
:

Error: transaction <fe33df230d1c87a3f41e1b7bc69a03142071629a846ef000563092d3148c
e381> was rejected by daemon with status "Failed"

2016-Mar-04 23:37:18.820164 [RPC0]ERROR ..\..\src\cryptonote_core\tx_pool.cpp:62
 Transaction with id= <fe33df230d1c87a3f41e1b7bc69a03142071629a846ef000563092d31
48ce381> used already spent key images
2016-Mar-04 23:37:18.828165 [RPC0]Transaction verification failed: <fe33df230d1c
87a3f41e1b7bc69a03142071629a846ef000563092d3148ce381>
2016-Mar-04 23:37:18.832165 [RPC0][on_send_raw_tx]: Failed to process tx

[equipoise]

The wallet this reminder
:

Error: transaction <fe33df230d1c87a3f41e1b7bc69a03142071629a846ef000563092d3148c
e381> was rejected by daemon with status "Failed"

2016-Mar-04 23:37:18.820164 [RPC0]ERROR ..\..\src\cryptonote_core\tx_pool.cpp:62
 Transaction with id= <fe33df230d1c87a3f41e1b7bc69a03142071629a846ef000563092d31
48ce381> used already spent key images
2016-Mar-04 23:37:18.828165 [RPC0]Transaction verification failed: <fe33df230d1c
87a3f41e1b7bc69a03142071629a846ef000563092d3148ce381>
2016-Mar-04 23:37:18.832165 [RPC0][on_send_raw_tx]: Failed to process tx

Try this:
1.) Backup all your wallet files (wallet.bin.keys is the important one!). Also write down you seed words.
2.) Delete wallet.bin (wallet.bin.keys should stay in the folder - don't delete it).
3.) Close bitmonerod
4.) Delete poolstate.bin from your blockchain folder.
5.) Also delete or rename the blockchain
6.) Start bitmonerod again and wait it to sync
7.) Open your wallet as usual (.bin will be regenerated from .bin.keys).
8.) Try to send the amount.

If this doesn't help wait 24 hours and try again 1-8 (skip 5 and 6 the second time). If this doesn't help too, wait for 0.9.2 release (soon).

[dEBRUYNE]

Monero mentioned:

https://bullbearanalytics.com/2016/02/25/the-bba-show-episode-5-hk-swans-monero/

(Starts from ~24:30)

[Drhiggins]

Monero mentioned:

https://bullbearanalytics.com/2016/02/25/the-bba-show-episode-5-hk-swans-monero/

(Starts from ~24:30)

Good stuff here.  Happy to hear good news coming from multiple places as of late. 

[1337leet]

Every time I do a transaction from mymonero I need to pay 0.015 XMR.
Is this a fee from mymonero or is it a necessary transaction fee from the network?

[dEBRUYNE]

Every time I do a transaction from mymonero I need to pay 0.015 XMR.
Is this a fee from mymonero or is it a necessary transaction fee from the network?

The default fee is 0.01 per KB. I think MyMonero also takes that into account when calculating the fee.

[dEBRUYNE]

Dr. Nicolas T. Courtois, who spoke positvely about Monero before, has put out a 5 BTC bounty for discovery of attacks bugs or flaws in, among others, ring signatures:

https://www.reddit.com/r/Monero/comments/48y9lm/dr_nicolas_t_courtois_who_spoke_positvely_about/

[pönde]

I guess every wallet created by simplewallet has to be refreshed to catch up the blockchain? And this has to be done to every wallet. Also for view-only-wallets. It takes a time. This is not so nice once the bitmonerod has to be also get synchronized with the blockchain. Which take a time.

So. It would be great if MyMonero.com was added with a such feature which can be used to check a balance of an address. It would be a kind of a online view-only-wallet. By just giving the address and the viewkey the balance can be seen.

[novag]

If peoples have in ETH going to XMR, XMR will price rise to the moon!

[25hashcoin]

If peoples have in ETH going to XMR, XMR will price rise to the moon!

Try posting in the speculation thread: https://bitcointalk.org/index.php?topic=753252.13960

[novag]

If peoples have in ETH going to XMR, XMR will price rise to the moon!

Try posting in the speculation thread: https://bitcointalk.org/index.php?topic=753252.13960

OK!

[smooth]

Every time I do a transaction from mymonero I need to pay 0.015 XMR.
Is this a fee from mymonero or is it a necessary transaction fee from the network?

I think 0.01 is the fee from the network (which depends on the size of the transaction) and MyMonero adds 0.005, but I'm not sure. You should ask MyMonero support.

[luigi1111]

I guess every wallet created by simplewallet has to be refreshed to catch up the blockchain? And this has to be done to every wallet. Also for view-only-wallets. It takes a time. This is not so nice once the bitmonerod has to be also get synchronized with the blockchain. Which take a time.

So. It would be great if MyMonero.com was added with a such feature which can be used to check a balance of an address. It would be a kind of a online view-only-wallet. By just giving the address and the viewkey the balance can be seen.

New wallets take very little time to refresh, less than 1 minute for me. If you're restoring from seed or generating a bunch of view-only wallets, then yeah it's gonna take awhile.

[Johnny Mnemonic]

So. It would be great if MyMonero.com was added with a such feature which can be used to check a balance of an address. It would be a kind of a online view-only-wallet. By just giving the address and the viewkey the balance can be seen.

Such a feature would be costly, as retrieving a balance requires the entire blockchain to be scanned. Mymonero already charges 10 XMR to discourage wallet imports for this reason.

[iCEBREAKER]

Found this on 4chan.  Might make a good signature!

Monero is only trying to be one thing: true digital cash, with all the privacy and fungibility that comes with that. It isn't just trying - it is wildly succeeding.

I can send $100,000 worth of Monero across the world instantly and nearly for free... but so could Bitcoin. But with Monero I can do it and no one can trace the transaction or see that I did it.

It is the holy grail of digital money.

[bitebits]

Since Monero is fungible (nice!) it can't have colored coins, correct? One XMR = one XMR.

Lets say as a business I would like to make a 10 million USD (Monero market cap), international, private and instant transaction with another company. Monero would be perfect for this. But since Monero is fungible, I can't just color a coin and say it represents our 10 million USD transaction.

How can such a thing currently be solved without moving the price too much?

[smooth]

Since Monero is fungible (nice!) it can't have colored coins, correct? One XMR = one XMR.

Not in the same way as Bitcoin. We are looking at how best to approach assets as a research goal.

Lets say as a business I would like to make a 10 million USD (Monero market cap), international, private and instant transaction with another company. Monero would be perfect for this. But since Monero is fungible, I can't just color a coin and say it represents our 10 million USD transaction.

This use case does not really work. Let's say you could send a colored coin that was "worth" 10 million USD. What is the recipient supposed to do with with this colored coin? They can't spend it, at least not unless they can find someone who also trusts you to owe them 10 million USD. It represents an IOU, but in order for the recipient to actually get their money you would need to send a wire transfer or something, so why not just do that in the first place. Or if you really want an IOU, you can send a digitally signed email (and store a hash of it in a blockchain if you think that is useful).

How can such a thing currently be solved without moving the price too much?

Increase the market cap and liquidity so that 10 million USD can easily be accommodated.

[americanpegasus]

This use case does not really work. Let's say you could send a colored coin that was "worth" 10 million USD. What is the recipient supposed to do with with this colored coin? They can't spend it, at least not unless they can find someone who also trusts you to owe them 10 million USD. It represents an IOU, but in order for the recipient to actually get their money you would need to send a wire transfer or something, so why not just do that in the first place. Or if you really want an IOU, you can send a digitally signed email (and store a hash of it in a blockchain if you think that is useful).

This is what I have been saying for a while.  Since Bitcoin cannot be fungible at a protocol level, they should go the other way and try to deliberately be the most non-fungible coin possible.  Or, perhaps that could be handled by another blockchain entirely.... as in, colored coins by default.  Perhaps you could even store a small piece of data with each coin, the access to which is controlled by owning that token.