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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667051 times)
Millionero
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April 07, 2020, 06:23:10 AM
 #41401

About how long will it take the blockchain to reach 32 GB?
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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jwinterm
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April 07, 2020, 10:34:28 AM
 #41402

About how long will it take the blockchain to reach 32 GB?

I think without pruning it's already like 80 GB or more, and even with pruning maybe more than 32.
Millionero
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April 07, 2020, 11:40:50 AM
 #41403

About how long will it take the blockchain to reach 32 GB?

I think without pruning it's already like 80 GB or more, and even with pruning maybe more than 32.
lmdb synced from scratch with pruning as of today is 26.5 GB
I ask because I want to put lmdb on external media.  Will a 32 GB thumb last a few months, or should use my only bigger usb, which is 128 GB.  I would prefer to save the bigger usb for other things.
So how long does it take for the blockchain to grow 5 GB with pruning?
jwinterm
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April 07, 2020, 04:18:29 PM
 #41404

About how long will it take the blockchain to reach 32 GB?

I think without pruning it's already like 80 GB or more, and even with pruning maybe more than 32.
lmdb synced from scratch with pruning as of today is 26.5 GB
I ask because I want to put lmdb on external media.  Will a 32 GB thumb last a few months, or should use my only bigger usb, which is 128 GB.  I would prefer to save the bigger usb for other things.
So how long does it take for the blockchain to grow 5 GB with pruning?

The number of transactions is on the rise, but considering that it took 6 years to get to 26.5, I would guess you'd get at least another year out of it if not two. Although RingCT transactions are significantly larger than pre-RingCT, if I remember correctly, but still, I would guess at least a year.
dEBRUYNE
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April 07, 2020, 06:31:43 PM
 #41405

Is anyone else having trouble sending XMR from https://wallet.mymonero.com/?

Keep getting the following error message 'An error occurred while submitting transaction: Error: Transaction rejected: invalid input'

Any ideas on what I can do to fix this issue?

Have you already contacted their support?

Yes I've tried to contact them through telegram but no luck. Do you know how I can contact their support team directly?

Try emailing them at:

support[at]mymonero[dot]com

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
Hueristic
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April 08, 2020, 12:02:57 AM
 #41406

About how long will it take the blockchain to reach 32 GB?

I think without pruning it's already like 80 GB or more, and even with pruning maybe more than 32.
lmdb synced from scratch with pruning as of today is 26.5 GB
I ask because I want to put lmdb on external media.  Will a 32 GB thumb last a few months, or should use my only bigger usb, which is 128 GB.  I would prefer to save the bigger usb for other things.
So how long does it take for the blockchain to grow 5 GB with pruning?

The number of transactions is on the rise, but considering that it took 6 years to get to 26.5, I would guess you'd get at least another year out of it if not two. Although RingCT transactions are significantly larger than pre-RingCT, if I remember correctly, but still, I would guess at least a year.

Lets not forget bulletproofs have shrunk transaction what 90%? so I'm going to hazard a guess that current transactions today are smaller than those initially and therefore he should have a few years. either way its not tough to copy 32gb thumb drives when the time comes.

But I don't know the numbers just taking a wild guess that I'm pretty confident is true.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
jwinterm
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April 08, 2020, 02:49:39 AM
Merited by Hueristic (1)
 #41407

About how long will it take the blockchain to reach 32 GB?

I think without pruning it's already like 80 GB or more, and even with pruning maybe more than 32.
lmdb synced from scratch with pruning as of today is 26.5 GB
I ask because I want to put lmdb on external media.  Will a 32 GB thumb last a few months, or should use my only bigger usb, which is 128 GB.  I would prefer to save the bigger usb for other things.
So how long does it take for the blockchain to grow 5 GB with pruning?

The number of transactions is on the rise, but considering that it took 6 years to get to 26.5, I would guess you'd get at least another year out of it if not two. Although RingCT transactions are significantly larger than pre-RingCT, if I remember correctly, but still, I would guess at least a year.

Lets not forget bulletproofs have shrunk transaction what 90%? so I'm going to hazard a guess that current transactions today are smaller than those initially and therefore he should have a few years. either way its not tough to copy 32gb thumb drives when the time comes.

But I don't know the numbers just taking a wild guess that I'm pretty confident is true.

No, I'm pretty sure that even with bulletproofs txs are still significantly larger than in the olden days. See here:
https://monero.stackexchange.com/questions/211/how-much-larger-are-monero-transactions-compared-to-the-average-bitcoin-transact

Looks like pre-RingCT could be as small as a few hundred bytes for normal txs, now about 2 kB.
Hueristic
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April 08, 2020, 02:58:49 AM
 #41408

About how long will it take the blockchain to reach 32 GB?

I think without pruning it's already like 80 GB or more, and even with pruning maybe more than 32.
lmdb synced from scratch with pruning as of today is 26.5 GB
I ask because I want to put lmdb on external media.  Will a 32 GB thumb last a few months, or should use my only bigger usb, which is 128 GB.  I would prefer to save the bigger usb for other things.
So how long does it take for the blockchain to grow 5 GB with pruning?

The number of transactions is on the rise, but considering that it took 6 years to get to 26.5, I would guess you'd get at least another year out of it if not two. Although RingCT transactions are significantly larger than pre-RingCT, if I remember correctly, but still, I would guess at least a year.

Lets not forget bulletproofs have shrunk transaction what 90%? so I'm going to hazard a guess that current transactions today are smaller than those initially and therefore he should have a few years. either way its not tough to copy 32gb thumb drives when the time comes.

But I don't know the numbers just taking a wild guess that I'm pretty confident is true.

No, I'm pretty sure that even with bulletproofs txs are still significantly larger than in the olden days. See here:
https://monero.stackexchange.com/questions/211/how-much-larger-are-monero-transactions-compared-to-the-average-bitcoin-transact

Looks like pre-RingCT could be as small as a few hundred bytes for normal txs, now about 2 kB.

Good to know, I'll take your word for it. thx Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
jwinterm
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April 08, 2020, 03:15:43 AM
 #41409

It was just RingCT without bulletproofs were humongous, like 14 kB for regular tx or something, and I think that may have been during kind of alphabay insanity days, so maybe significant portion of that 26 GB is from them, but that is a lot more analysis than I'm willing to provide  Smiley
Hueristic
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April 08, 2020, 03:23:38 AM
 #41410

It was just RingCT without bulletproofs were humongous, like 14 kB for regular tx or something, and I think that may have been during kind of alphabay insanity days, so maybe significant portion of that 26 GB is from them, but that is a lot more analysis than I'm willing to provide  Smiley

Well as you said average is about 2k so all he has to do is some simple arithmetic with that number to make an educated guess.

Transactions are about 3% of BTC right now I think. I'm not sure if they track linearly or not but that would be interesting graph to see.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Hueristic
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April 08, 2020, 07:56:12 PM
 #41411

Hi,
We have added Monero on our services.
Check out for free which Monero source code is probably based on. Check out our code analysis: https://coincode.sh/c/xmr/


Just ask and we will tell what code Monero is based on. I think you have made the mistake of thinking this is some shitcoin that has a bunch of tards that don't do their due diligence.


Did you know that most of the replies to the Monero BitcoinTalk thread are Legendary Members? Check out our thread analysis: https://cointhread.sh/c/xmr/
Regards,

Did you know that if you had extrapolated what I posted above from this then you would have never got a reply from me?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
smooth
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April 11, 2020, 03:00:00 AM
Last edit: April 11, 2020, 08:02:00 AM by smooth
Merited by Hueristic (1)
 #41412

It was just RingCT without bulletproofs were humongous, like 14 kB for regular tx or something, and I think that may have been during kind of alphabay insanity days, so maybe significant portion of that 26 GB is from them, but that is a lot more analysis than I'm willing to provide  Smiley

Well as you said average is about 2k so all he has to do is some simple arithmetic with that number to make an educated guess.

Transactions are about 3% of BTC right now I think. I'm not sure if they track linearly or not but that would be interesting graph to see.

The ratio with BTC has been increasing significantly lately.

https://twitter.com/binaryFate/status/1248238974012985344
Globb0
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April 11, 2020, 07:47:43 AM
 #41413

Weird how the price has felt so suppressed.

I have seen this rising volume chart rising higher up.


I tried to overlay it on the price chart from January, but they didnt seem to correlate.


i dont like "extrapolate" lets see the actual number.



jwinterm
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April 11, 2020, 02:26:27 PM
 #41414

Check out the Monero movie - Monero Means Money: 

https://www.reddit.com/r/Monero/comments/fyin5n/film_premiere_monero_means_money_cryptocurrency/

Hueristic
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April 11, 2020, 09:36:04 PM
 #41415

You guys that are trying to expand the Monero eco system need to get it on this.

https://decrypt.co/25225/venezuelans-have-new-way-send-crypto-without-internet

I'm quite surprised we are not on this list right now.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Globb0
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April 12, 2020, 08:23:11 AM
 #41416


That official site seems to be down for any links to it

https://www.communityworkgroup.org/monero-means-money/



here, these guys are fun  Smiley

https://www.imdb.com/title/tt12109930/
jwinterm
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April 12, 2020, 10:43:39 AM
Merited by Globb0 (2)
 #41417


Try without the trailing slash:
https://www.communityworkgroup.org/monero-means-money

I have no idea what is wrong with their nginx/Apache setup
hunterWood
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April 13, 2020, 06:47:33 AM
 #41418

Who are the main competitors to Monero? I mean technology wise. Is there another crypto with a better privacy technology?
nullius
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April 13, 2020, 04:00:32 PM
 #41419

Who are the main competitors to Monero? I mean technology wise. Is there another crypto with a better privacy technology?

Bitcoin transacted via the Lightning Network, using onion-routed transactions and other privacy features.  (All done over Tor for network-layer privacy, of course—of course, all on your own node and not with a custodial wallet.)  Or other advanced Bitcoin privacy techniques; but I will leave it at Lightning.

Transacting off-chain is strictly superior to using cryptographic techniques to hide information recorded in an append-only public ledger.  What is never on the blockchain doesn’t need to be hidden there!  This also means that no metadata is recorded on the blockchain—not even the fact that a transaction occurred around a certain time.

There is one other privacy coin with which I have substantial experience; it is the one considered to be XMR’s main competitor.  Its privacy is theoretically superior to XMR, with a transaction unlinkability set much larger than any mixin; but it has other problems that have made me miserable with it in practice.  Although I still have a small amount (as I also have some XMR), I don’t even want to name it here on the XMR thread.  Anyway, I am moving toward a 100% all-Bitcoin privacy setup, for my own part.

I am aware of some recent developments with coins that use MimbleWimble, but have not investigated those due to, again, refocusing on Bitcoin privacy.  I don’t know if they are any good.

Many other so-called “privacy coins” are SCAMS:  DASH, DeepOnion, and Verge, for some examples that I have investigated.  SCAMS.  AVOID the shitcoins with slick marketing, that do not actually protect your privacy.  “Privacy” is a big buzzword; and you should only trust privacy claims that have been thoroughly peer-reviewed by experts.

Anyway, if you need to ask this question, then you should probably just stick with XMR (or get on Lightning with Bitcoin...).  Monero has good cryptography.  Insofar as I can see, its principal weakness is the size of the unlinkability set for each transaction.  As a different factor that is also important, I note that it is the only coin that I know of which has truly decentralized, censorship-resistant mining, on commodity hardware which anybody can buy without exposing an interest in cryptocurrency.  (The reason why I myself do not do Bitcoin mining:  I can’t buy an ASIC with strong anonymity, and I can’t just use ordinary CPUs.)  If there were one altcoin feature that I could steal for Bitcoin, it would probably be RandomX, or some further development thereof.  (Yes, Bitcoin mining people, I am aware of all the reasons why that will not happen.)

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April 13, 2020, 08:46:57 PM
 #41420

Who are the main competitors to Monero? I mean technology wise. Is there another crypto with a better privacy technology?

There are none, bitcoins solutions are all second layer and therefore inherently flawed.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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