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

[BTCN-dev]

Price & Maket Cap update : July 12, 2018



Price : 0,01957370 BTC (-0,20%)
Market Cap : 317 449 BTC

[pönde]

That openledger seems interesting. But how can it be decentralized exchange, once I log in to a site, instead running a wallet on my own machine?

Atomic wallet is such. I just downloaded it. It does not yet support Monero, even at their main page in looks like does. What is going on? At atomic wallet the atomic swaps are now available between BTC, LTC and QTUM. Have you tried about these? How have they been dealing? Will be wonderful, once we will get rid of centralized exchanges.

[smooth]

That openledger seems interesting. But how can it be decentralized exchange, once I log in to a site, instead running a wallet on my own machine?

The actual exchange part is decentralized (you can make trades by interacting directly with the blockchain) but custody of assets is not.

[pönde]

That openledger seems interesting. But how can it be decentralized exchange, once I log in to a site, instead running a wallet on my own machine?

The actual exchange part is decentralized (you can make trades by interacting directly with the blockchain) but custody of assets is not.

Ok. Great.

Does it use atomic swaps to do the trade? Are there any other applications, wallets or sites which connect to this decentralized exchange? Is there any open interface for it? More users would definitely bring more volume.

[bones261]

That openledger seems interesting. But how can it be decentralized exchange, once I log in to a site, instead running a wallet on my own machine?

The actual exchange part is decentralized (you can make trades by interacting directly with the blockchain) but custody of assets is not.

Ok. Great.

Does it use atomic swaps to do the trade? Are there any other applications, wallets or sites which connect to this decentralized exchange? Is there any open interface for it? More users would definitely bring more volume.

They convert your coin to a Bitshare's tokens. When you run their app or the web page, you are actually running a Bitshare's wallet.

[legday]

Are there any plans in near future to add monero on ledger nano s? Is there any specific reason why CN based coins don't have ledger support?

[theleaf]

Are there any plans in near future to add monero on ledger nano s? Is there any specific reason why CN based coins don't have ledger support?

is it because of the monero rings, privacy features that make it hard to add Monero to ledger and trezor? Will Monero be added to Trezor?

[Anon136]

Are there any plans in near future to add monero on ledger nano s? Is there any specific reason why CN based coins don't have ledger support?

is it because of the monero rings, privacy features that make it hard to add Monero to ledger and trezor? Will Monero be added to Trezor?

https://twitter.com/TREZOR/status/1012308383305695232

[dEBRUYNE]

Are there any plans in near future to add monero on ledger nano s? Is there any specific reason why CN based coins don't have ledger support?

You can already use Monero in conjunction with Ledger, see:

https://www.reddit.com/r/Monero/comments/8op6cp/ledger_cli_guides_requires_cli_v01220/

https://www.reddit.com/r/Monero/comments/8vr4nu/ledger_gui_guides_requires_gui_v01220/

[dEBRUYNE]

CLI v0.12.3.0 released!

https://www.reddit.com/r/Monero/comments/8y9hx9/cli_v01230_released/

[irwanjabryg]

I have a theoretical question.Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever).  Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago.  That would, in theory, kill the 51% issue, right?  What would the downsides be?

[Bitcoin Miners]

I have a theoretical question.Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever).  Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago.  That would, in theory, kill the 51% issue, right?  What would the downsides be?

I would prefer to experience my transactions with longer confirmations because the transactional procedures will become more secure and can better prevent Replay Attacks, Double Spend Attacks.

Faster transaction speeds are not always means it's better and can bring more secured transactional services for users.

[Hueristic]

I have a theoretical question.Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever).  Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago.  That would, in theory, kill the 51% issue, right?  What would the downsides be?

Which scam fork you asking this for?

CLI v0.12.3.0 released!

https://www.reddit.com/r/Monero/comments/8y9hx9/cli_v01230_released/

thx, any critical reason to update or is this a scheduled one?

[nericryp]

I brought some XMR on April, which is nearly the highest price of it. Since than, the price keep drop and it ready drop like nearly 33%. Now I have been waiting for like 4 months and the surge of XMR still haven't come.....
Now price of XMR now hitting near the lowest, should I buy some or just wait for the price tol drop?

We're nowhere near "the lowest". Just last year, Monero was trading at $37.

I know what you mean, but I don't think the Monero can go back to $37 as the bitcoin price still have $6xxx. To me, I really wish the price will go up, so I can sell my Monero and earn some money....

Patience is a virtue man, as i can see on the chart the price of monero haggles from $0.5 to $2 for over two years! maybe the same thing will happen, it will have a sideways for a year or two between $50 - $200 before breaking out again.

[dEBRUYNE]

I have a theoretical question.Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever).  Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago.  That would, in theory, kill the 51% issue, right?  What would the downsides be?

Which scam fork you asking this for?

CLI v0.12.3.0 released!

https://www.reddit.com/r/Monero/comments/8y9hx9/cli_v01230_released/

thx, any critical reason to update or is this a scheduled one?

I guess it would be prudent to upgrade if you're affected by the time-out issue.

[Febo]

I have a theoretical question.Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever).  Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago.  That would, in theory, kill the 51% issue, right?  What would the downsides be?

20 confirmations is 40 minutes. That seems a lot for a payment.

What is an alternative chain and what is real chain? Both are real and both are alternative. Miners will decide which is real.  I see only a problems if you limit that they need to decide in less then 19 blocks.  Basically you take final decision out of their hands.

[Hueristic]

I have a theoretical question.Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever).  Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago.  That would, in theory, kill the 51% issue, right?  What would the downsides be?

Which scam fork you asking this for?

CLI v0.12.3.0 released!

https://www.reddit.com/r/Monero/comments/8y9hx9/cli_v01230_released/

thx, any critical reason to update or is this a scheduled one?

I guess it would be prudent to upgrade if you're affected by the time-out issue.

thx, I wasn't sure if it was just this. I noticed it didn't happen if I kept focus on the console itself. Just wanted to make sure there wasn't and DB breaking issues as I had a corruption issue I dealt with for awhile but didn't see a bug fix on that. Just bad timing for me on that I guess.

The following critical bugs that were present in CLI v0.12.2.0 are fixed in CLI v0.12.3.0:

    The time-out issue (i.e. wallet not able to connect to daemon upon creating a transaction or wallet disconnecting during wallet refresh (with either a remote node or a local node))

In addition to aforementioned salient bug fixes, there are a lot of small bug fixes and improvements.

20 confirmations is 40 minutes. That seems a lot for a payment.

What is an alternative chain and what is real chain? Both are real and both are alternative. Miners will decide which is real.  I see only a problems if you limit that they need to decide in less then 19 blocks.  Basically you take final decision out of their hands.

Or you could fork ASICs back in because you cannot figure out your dif adjustment, theoretically.

[Hueristic]

Gratz on heroing, Hairy! I've missed the exact post - too much going on too fast here.

Thanks Eddie.  I need to acknowledge Bones, Infofront and JJG for pushing me through the 500 merit barrier.

In other news the Chinese police have cracked a $1 billion World Cup crypto gambling ring.

https://www.theverge.com/2018/7/13/17569006/world-cup-gambling-ring-china-police-cryptocurrency

SHUM

[dEBRUYNE]

I have a theoretical question.Suppose a coin (could be Monero, or could be something else) requires 20 confirmations everywhere (exchanges, merchants, whatever).  Suppose this coin also had an update that refused to accept alternate chains deeper than 19 blocks ago.  That would, in theory, kill the 51% issue, right?  What would the downsides be?

Which scam fork you asking this for?

CLI v0.12.3.0 released!

https://www.reddit.com/r/Monero/comments/8y9hx9/cli_v01230_released/

thx, any critical reason to update or is this a scheduled one?

I guess it would be prudent to upgrade if you're affected by the time-out issue.

thx, I wasn't sure if it was just this. I noticed it didn't happen if I kept focus on the console itself. Just wanted to make sure there wasn't and DB breaking issues as I had a corruption issue I dealt with for awhile but didn't see a bug fix on that. Just bad timing for me on that I guess.

The following critical bugs that were present in CLI v0.12.2.0 are fixed in CLI v0.12.3.0:

    The time-out issue (i.e. wallet not able to connect to daemon upon creating a transaction or wallet disconnecting during wallet refresh (with either a remote node or a local node))

In addition to aforementioned salient bug fixes, there are a lot of small bug fixes and improvements.

20 confirmations is 40 minutes. That seems a lot for a payment.

What is an alternative chain and what is real chain? Both are real and both are alternative. Miners will decide which is real.  I see only a problems if you limit that they need to decide in less then 19 blocks.  Basically you take final decision out of their hands.

Or you could fork ASICs back in because you cannot figure out your dif adjustment, theoretically.

There was a bug that resulted in the daemon not syncing in "safe-mode" (which hardens against blockchain corruptions) once it was fully synced. I am not entirely sure in which v0.12 version it was fixed though.

[cool4y]

Monero is rolling out new updates like christmas presents, love it!