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

[dEBRUYNE]

Do the inputs all have to come from the a single wallet?
And does monero-wallet-cli or the monero gui have an option for sending multiple outputs, like the pay-to-many function in electrum?

Yes, you can't use inputs from different wallets.

The CLI allows this, i.e., you can send to multiple recipients in the same transaction. Type "help" to see the specific instructions.

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[OWZ1337]

This just struck me. When we get range proofs a "queued transaction" option would be amazing. For those who are unaware with the introduction of rage proofs comes the scaling of transactions by number of outputs at log(n). This would massively reduce fees for a lot of users and atleast some amount of network load.  It would in a way allow monero to do micro transactions. Or something maybe pretty close to it.

So lets say we are talking about the gui. When you prepare a transaction right below the "send" button there could be a "queue" button.  Just queue up any sort of transaction that is non critical. If you want to make a donation to your favorite artist. Or you owe a friend some money but he isn't in a hurry to get paid back. Or you want to buy something but you aren't in a hurry to get it right away. Don't send it just queue it. Once you get a decent amount of things queued the fees would be drastically reduced. Up to 80% ontop of the already 80% savings being brought by range proofs.

And incentivizing people to queue in-order to save themselves money has the added benefit of saving everyone else who uses the network money too. Holy virtue cycle.

Note that queuing is more difficult in Monero as change outputs are locked for 10 blocks. You could, however, queue some transactions if you have multiple inputs. 

XRY is the real monero lol

===>

https://www.cryptopia.co.nz/Exchange?market=XRY_DOGE

[dEBRUYNE]

This just struck me. When we get range proofs a "queued transaction" option would be amazing. For those who are unaware with the introduction of rage proofs comes the scaling of transactions by number of outputs at log(n). This would massively reduce fees for a lot of users and atleast some amount of network load.  It would in a way allow monero to do micro transactions. Or something maybe pretty close to it.

So lets say we are talking about the gui. When you prepare a transaction right below the "send" button there could be a "queue" button.  Just queue up any sort of transaction that is non critical. If you want to make a donation to your favorite artist. Or you owe a friend some money but he isn't in a hurry to get paid back. Or you want to buy something but you aren't in a hurry to get it right away. Don't send it just queue it. Once you get a decent amount of things queued the fees would be drastically reduced. Up to 80% ontop of the already 80% savings being brought by range proofs.

And incentivizing people to queue in-order to save themselves money has the added benefit of saving everyone else who uses the network money too. Holy virtue cycle.

Note that queuing is more difficult in Monero as change outputs are locked for 10 blocks. You could, however, queue some transactions if you have multiple inputs.  

I only mean saving the intention of making the transaction for later. It really would be sort of an aesthetic thing. Not very different from having a todo list in a text file and adding addresses and amounts to it to save for combining later. I'm just imagining that it saves the address that you want to send to and the amount that you want to send and then adds those, with your permission, as outputs on your next pertinent transaction.

You might say that it isn't really the job of the monero core team to code something that could be done with a text file in another window. But, if people were provided a nice little convenient tool for doing this, it would have the effect of explaining to everyone that this is a good practice and help the network scale more since more people would naturally engage in this good practice more often.

Ok, I get the idea. I think something like this can and will be implemented (there's been some talk in a similar fashion with respect to churning, hence). However, it might take some time before it'd be implemented, because it will probably not be high on the priority list.

Or am I missing something? Is it actually difficult to produce a transaction with say 1 input and 5 outputs?

That's actually possible currently. See my other post here.

[nthnode404]

Monero, the least moving of the big coins, will you make a pump in the near future?

Highly doubtful. It's too expensive right now for mass adoption. There are other privacy coins that are a better value.

[Hueristic]

I just noticed something very not good at the latest Monero Observer.  In the "Guides" section there's an entry US Lifed posted an article discussing the top 3 best Monero wallets for 2018.
The linked article lists Free Wallet as best mobile wallet!  PLEASE delete this listing from the Monero Observer.

I've messaged him a few times on errors and he's ignored me. I even offered to proof but no reply. I don't believe anything he writes, he does not fact check.

I got a response from why Coinbase didn't allow me to cash to fiat when  BTC was 17k. Fuck them.

Thank you for contacting Coinbase Support,

As a FinCEN certified Money Service Business, we are periodically required to Identify users on our platform.

Please take a moment to upload a copy of your ID to https://www.coinbase.com/verifications/documents to continue with our services.

Thank you for using Coinbase.
Coinbase Phone Support

[explorer]

Flashback to 1975

https://www.reddit.com/r/Monero/comments/7o5dr5/surveillance_gold_efts_and_how_to_prevent_it_with/

[Globb0]

Saw this elsewhere


https://twitter.com/CoinTrendz/status/949294446763536384

Quite sad how we are always the bridesmaid just out of the picture.

Flipping crappy scam coins still surviving so looooonnnngg.

I hope we can become a swan soon, its so well deserved for so much hard work that has gone into the project.


*edit* and maybe I am becoming more gullible, there is actually no evidence of how this search was conducted or what it included I suppose

[iCEBREAKER]

I wonder if the Facebook bot-herders are hodling?

http://bitcoinafrica.io/2018/01/05/digmine-monero-miner-spreading-through-facebook-messenger/

What is Digmine?

Digmine is a botnet that mines monero and spreads through the desktop Chrome version of Facebook Messenger. When opened on other platforms such as mobile, the malware does not operate as it is meant to. Digmine has been discovered in countries such as South Korea, Philippines, and Thailand.

[iCEBREAKER]

This makes sense to me.  Hilarious if true!

https://twitter.com/0x00C0FFEE/status/949395779768279042

Possible "workaround" for #spectre on @AMD. Run a CPU #Monero miner, low priority, using all cache, and the Proof of Concept misses all bytes. Works on my A8-7410, my Xeon E3-1245 fails. More testers?

[alinka]

Since the beginning of November MONERO has grown more five times. It's just impressive. And even now I think MONERO has still a good potential of growth in 2018 year. Now all the money goes almost to the top of Alta.

[Hueristic]

https://arstechnica.com/gadgets/2018/01/meltdown-and-spectre-every-modern-processor-has-unfixable-security-flaws/

Yeah pretty sure I've mentioned this.

[voteformeg]

i am curious  , is there anyone who have the same trouble as me (You seem to be missing the last word in your private key, please try again ) and has solved it?

i am reading and trying for days now and i know more people had this issue

[sui_generis]

People are getting too emotional about scam/hype coins "overtaking" Monero. Marketcap is easily game-able and will eventually become meaningless. Those hype coins will be forgotten in a few weeks or months. Monero, on the other hand, will stand the test of time. Building for the long term always entails short term sacrifices.

[vesso]

All time high Monero, over 600$ at Bithumb !  Up Up Up to the moon 

[cAPSLOCK]

i am curious  , is there anyone who have the same trouble as me (You seem to be missing the last word in your private key, please try again ) and has solved it?

i am reading and trying for days now and i know more people had this issue

If you truly are missing the LAST word you can brute force the last in 24 tries or less.  Copy each word in the key to the end.  In other words if this were your 24 words:

organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis

Then first try:
organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis organs

Then:
organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis mumble

Eventually it will work.  If not, then it is not the last word missing... but I think that error message is likely accurate.

[tigoes]

Superb security for all sort of online traders.

[nikisev]

I think monero is awesome currency.
Undervalued AF.
It should cost as much as DASH at least.
My plans for next couple of month is to increase my stake in monero and Doge

[Millionero]

i am curious  , is there anyone who have the same trouble as me (You seem to be missing the last word in your private key, please try again ) and has solved it?

i am reading and trying for days now and i know more people had this issue

If you truly are missing the LAST word you can brute force the last in 24 tries or less.  Copy each word in the key to the end.  In other words if this were your 24 words:

organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis

Then first try:
organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis organs

Then:
organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis mumble

Eventually it will work.  If not, then it is not the last word missing... but I think that error message is likely accurate.

Why do you say that the last word has to be a repeat of one of the earlier words?  The Monero word list is 1626 words long.  The last word is a checksum, and as such it could be any word from the list.  Did I miss something?
By the way, if the missing word is the final one, that implies that you can, at least theoretically, work backward from the mnemonic to derive the private key it's based on (you don't need to know the checksum).

[smooth]

i am curious  , is there anyone who have the same trouble as me (You seem to be missing the last word in your private key, please try again ) and has solved it?

i am reading and trying for days now and i know more people had this issue

If you truly are missing the LAST word you can brute force the last in 24 tries or less.  Copy each word in the key to the end.  In other words if this were your 24 words:

organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis

Then first try:
organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis organs

Then:
organs mumble pliers eden value cause girth gossip unopened soccer juicy apology azure video daytime siblings safety drinks framed casket error buying airport axis mumble

Eventually it will work.  If not, then it is not the last word missing... but I think that error message is likely accurate.

Why do you say that the last word has to be a repeat of one of the earlier words?  The Monero word list is 1626 words long.  The last word is a checksum, and as such it could be any word from the list.  Did I miss something?
By the way, if the missing word is the final one, that implies that you can, at least theoretically, work backward from the mnemonic to derive the private key it's based on (you don't need to know the checksum).

Yeah the checksum was implemented in an odd way (I don't know why) and has to be one of the other words.

Agree that in theory you don't need the checksum at all.

[dEBRUYNE]

i am curious  , is there anyone who have the same trouble as me (You seem to be missing the last word in your private key, please try again ) and has solved it?

i am reading and trying for days now and i know more people had this issue

Do you still have old bitmonero & simplewallet binaries?