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

[Termie]

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.

I wish this would be true, but I guess its skyrocketing only because the koreans get 1% free monero for deposits and top 50 monero deposits get 100 monero each at Bithumb. So I fear that the dump will follow shortly after this Bithumb action ends.

[smooth]

AES is very heavy, takes serious cpu beating to verify all the blocks, probably why it's taking so long despite the fast connection.

Advanced Encryption Standard?
https://en.wikipedia.org/wiki/Advanced_Encryption_Standard

So better CPU and/or more RAM should make sync faster?

AES has very little to do with it. Only proof of work uses AES and that is only about 20 ms per block (effectively 5 ms on a quad core). So sync time based on checking PoW for a year of chain on a quad core would be under 15 minutes.

Most of the time is taken up by verifying range proofs (part of RingCT) and signatures and that will likely be optimized both in terms of crypto theory and implementation. On the latter, I noticed when syncing on a 16 core system that it was taking a long time but doing a very poor job of keeping more than 2-3 cores busy. There's a lot of room for improvement in the future.

As a practical matter shorter term whenever there is a new release of the code ("soon") it includes precomputed hashes for most of the older part of the chain and speeds up syncing that way. It has been a while since the last release, so there is more chain that needs to be checked by each node on initial sync.

[owlcatz]

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.

I wish this would be true, but I guess its skyrocketing only because the koreans get 1% free monero for deposits and top 50 monero deposits get 100 monero each at Bithumb. So I fear that the dump will follow shortly after this Bithumb action ends.

Right but trading still doesn't start until midnight sunday KST which is about 16 hours from now so I would expect more growth and then yes, finally the dump(s).

[explorer]

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.

I wish this would be true, but I guess its skyrocketing only because the koreans get 1% free monero for deposits and top 50 monero deposits get 100 monero each at Bithumb. So I fear that the dump will follow shortly after this Bithumb action ends.

Right but trading still doesn't start until midnight sunday KST which is about 16 hours from now so I would expect more growth and then yes, finally the dump(s).

Also I believe the 1% is on traded XMR.  In other words, you gotta sell it to get 1%.  Hopefully they are smart enough to sell high.

[MiPe]

Monero's price is keep surging with small corrections this is very good because it will help a lot to sustain the market. Monero was sleeping giant after last run it went in back ground and now forceful entry in market made everyone surprise once again.

I wish this would be true, but I guess its skyrocketing only because the koreans get 1% free monero for deposits and top 50 monero deposits get 100 monero each at Bithumb. So I fear that the dump will follow shortly after this Bithumb action ends.

Right but trading still doesn't start until midnight sunday KST which is about 16 hours from now so I would expect more growth and then yes, finally the dump(s).

Also I believe the 1% is on traded XMR.  In other words, you gotta sell it to get 1%.  Hopefully they are smart enough to sell high.

Monero is going crazy these days.

[DStefanov]

I use Daemon address: node.xmrbackb.one  18081 but I can not connect.
I get the following error: Daemon Failed to Start - Please check your wallet and daemon log for errors. You can also try to start monerod.exe manually.
Where am I wrong?
Thanks!

p.s. I using monero-gui-0.10.3.1-beta2, Windows 10 x64

As far as I can see, that remote node is currently offline. Try to use node.moneroworld.com with port 18089.

Everything works!
Thanks for the help!

[qgmurugan007]

I wish I had hold on to my XMR coins  As I didnt see any price increase for a long time, I sold all of mine when there was a slight increase. It shows the value of holding good coins.

[Agnosticus]

Hi everyone,

I would like to get hold of the Monero blockchain as raw data, but I don't have the bandwidth to do this at home and it takes too long to download at the local library. Is there another option - e.g. broken up into parts or other possibilities?

Thanks,

Agnosticus

[c789]

Hi everyone,

I would like to get hold of the Monero blockchain as raw data, but I don't have the bandwidth to do this at home and it takes too long to download at the local library. Is there another option - e.g. broken up into parts or other possibilities?

Thanks,

Agnosticus

Per the blockchain section on https://getmonero.org/downloads/ it would be much faster for you to just sync the blockchain. If you'd still rather download it, Firefox allows you to pause and resume downloads.

[phucdigan]

I wish I had hold on to my XMR coins  As I didnt see any price increase for a long time, I sold all of mine when there was a slight increase. It shows the value of holding good coins.

I was the opposite. I have seen the potential of the Monero early and bought some enough when it was under $ 50. And now I'm having fun with Monero's current price. 
P / s: Interesting about signatures, we are brothers!   

[dEBRUYNE]

Funding Required » Hire mathematician (and computational physicist) to join research team

https://forum.getmonero.org/7/open-tasks/87856/hire-mathematician-and-computational-physicist-to-join-research-team

https://www.reddit.com/r/Monero/comments/6w7f0q/monero_funding_required_hire_mathematician_and/

[tiCeR]

Is it actually true that XMR is more likely to be cracked than ZCASH in terms of anonymity? Could that problem ever be fixed if it's true?

[vince212]

is monero already in chinese market?

[2012]

is monero already in chinese market?

Not on big Chinese exchanges it's listed only few markets but in future we can expect China will wake up soon and there is huge potential to grow I think if this could happen than price will go up to $200 very soon.

[wanted sliter]

Good things come back to real value 

[Coindgr]

Not on big Chinese exchanges it's listed only few markets but in future we can expect China will wake up soon and there is huge potential to grow I think if this could happen than price will go up to $200 very soon.

                                                     
I expect it will hit the $200 mark when trading starts in bithumb, let's wait...

[vince212]

Not on big Chinese exchanges it's listed only few markets but in future we can expect China will wake up soon and there is huge potential to grow I think if this could happen than price will go up to $200 very soon.

                                                     
I expect it will hit the $200 mark when trading starts in bithumb, let's wait...

or it can be a dump. 50/50.

[BldSwtTrs]

I used http://xmr.llcoins.net/checktx.html to check if a tx has worked well.

I get the following:

This address doesn't own output 0 with pubkey xxxxxxxxxx
This address owns output        1 with pubkey  yyyyyyyyyy


What exactly output 0 and 1 mean and what their pubkey are used for? Sorry if it's a basic question I am trying to learn.

[roenjeroen]

Not on big Chinese exchanges it's listed only few markets but in future we can expect China will wake up soon and there is huge potential to grow I think if this could happen than price will go up to $200 very soon.

                                                     
I expect it will hit the $200 mark when trading starts in bithumb, let's wait...

or it can be a dump. 50/50.

It will hit $ 250, more holders of Monero with Bithumb

[Kennedy]

The price of Monero is going up, and it's nice to have a small correction, because it's going to help maintain the market.Monero fell asleep after the last run, and then they entered the market, and now it's the market that's coming to the market to surprise you again.