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

[tacotime]

what to expect from a I7-quad mining?
 

Couple of blocks a day on linux

For people looking to sync their linux machines, I have uploaded a recent blockchain.bin here: DOWNLOAD

[ImI]

and blocksize is ~15 at the moment?

[eizh]

and blocksize is ~15 at the moment?

Do you mean the block reward? It's 17.33 currently. This is a change from 17.59 when the blockchain started.

[smooth]

and blocksize is ~15 at the moment?

Do you mean the block reward? It's 17.33 currently. This is a change from 17.59 when the blockchain started.

Sometimes you get a smaller reward if there are a lot of transactions being processed. This is done to discourage miners from stuffing blocks full of dust transactions. If it happens consistently the maximum block size will increase and then the rewards will go back up.

[getmining.info]

Is someone mining with a i7 4770k?
how many blocks per day?
thank you.

None  Feel like stopping soon

How many hashes per second are you getting?

hr_show moves between ~8.5-9.

is OC-ed to 4.2Ghz.

You should average around 2 blocks per day. Keep mining 

I'm honestly not sure how it's happened but I have 37+change in my wallet now, lots of small transactions 

[smooth]

Is someone mining with a i7 4770k?
how many blocks per day?
thank you.

None   Feel like stopping soon

How many hashes per second are you getting?

hr_show moves between ~8.5-9.

is OC-ed to 4.2Ghz.

You should average around 2 blocks per day. Keep mining  

I'm honestly not sure how it's happened but I have 37+change in my wallet now, lots of small transactions  

The small transactions are normal.

Send amounts are broken up by digit so if you send 117,23, it sends 100, 10, 7, 0.2, and 0.03. By standardizing the amounts it ensures there are always many outputs of the same amount available that can be used for ring signatures (mixing). Otherwise it would have to find another output of exactly 117.23 to mix, which would be unlikely.

A user friendly wallet should probably hide all of this and only show it in advanced mode or by bringing up transaction details, but the current wallet shows all of the detail.

[eizh]

I added a section to the OP that places MRO within the anonymous crypto landscape. The intention is not to badmouth other coins, but to be explanatory so that newcomers can understand what exactly they're getting here.

- How does this compare to other anonymous coins?

There are two other anonymity implementations currently available or in development. One is DarkCoin's decentralized mixing and the other is ZeroCoin/ZeroCash's use of zero-knowledge proofs.

MRO is qualitatively similar to DarkCoin in that it uses mixing to obscure identities, but the implementation is done elegantly through the use of ring signatures. DarkCoin is a Bitcoin descendent and uses no new cryptography, leading to a comparatively convoluted implementation using selected nodes to perform the mixing. This approach relies on the health and good behavior of the nodes, which MRO's more fundamental approach is not vulnerable to.

ZeroCoin/ZeroCash uses zero-knowledge proofs, which you can read about here. This is research-level cryptography that hasn't been subjected to years of cryptanalysis and attacks, so exploits may emerge down the road. The RSA private key used to initiate the accumulator must be trusted to be destroyed by the generating party. It also obscures the entire economy, not just sender/receiver identities, which can lead to problems if there are bugs that lead to inflation or manipulation because the damage is hidden to everybody.

[smooth]

I added a section to the OP that places MRO within the anonymous crypto landscape. The intention is not to badmouth other coins, but to be explanatory so that newcomers can understand what exactly they're getting here.

- How does this compare to other anonymous coins?

There are two other anonymity implementations currently available or in development. One is DarkCoin's decentralized mixing and the other is ZeroCoin/ZeroCash's use of zero-knowledge proofs.

MRO is qualitatively similar to DarkCoin in that it uses mixing to obscure identities, but the implementation is done elegantly through the use of ring signatures. DarkCoin is a Bitcoin descendent and uses no new cryptography, leading to a comparatively convoluted implementation using selected nodes to perform the mixing. This approach relies on the health and good behavior of the nodes, which MRO's more fundamental approach is not vulnerable to.

ZeroCoin/ZeroCash uses zero-knowledge proofs, which you can read about here. This is research-level cryptography that hasn't been subjected to years of cryptanalysis and attacks, so exploits may emerge down the road. The RSA private key used to initiate the accumulator must be trusted to be destroyed by the generating party. It also obscures the entire economy, not just sender/receiver identities, which can lead to problems if there are bugs that lead to inflation or manipulation because the damage is hidden to everybody.

I like what you did.

One comment:

To be fair there is an advantage to DarkCoin not using any new crypto, and I would mention that to maintain a bit of balance. Ring signatures are not new, but they haven't been used in exactly this way before, and the implementation is also immature, so there are risks here.

Also I would further deemphasize the Bytecoin. More and more users are coming to this coin who have no idea what Bytecoin is, which was different at the very start when we all came over from Bytecoin. It is now and will increasingly be more helpful to focus on what this coin is, what it does, how it works, and how it differs from other similar coins/projects (including DarkCoin, ZeroCoin and Bytecoin)

[eizh]

I like what you did.

One comment:

To be fair there is an advantage to DarkCoin not using any new crypto, and I would mention that to maintain a bit of balance. Ring signatures are not new, but they haven't been used in exactly this way before, and the implementation is also immature, so there are risks here.

Thanks, I was thinking the second and third paragraphs could be a bit contradictory because I wasn't sure about the status of ring signatures. I'll modify it to be more fair.

edit: I'm also not sure what the status/capabilities of Dark Wallet is so could someone comment on that?

[ErrorId]

Am I correct in assuming that

Code:

start_mining <number of threads>

Starts mining to the address of the wallet its executed from?

[smooth]

Am I correct in assuming that

Code:

start_mining <number of threads>

Starts mining to the address of the wallet its executed from?

Correct.

[ErrorId]

Am I correct in assuming that

Code:

start_mining <number of threads>

Starts mining to the address of the wallet its executed from?

Correct.

Thank you.

[fartbags]

For people looking to sync their linux machines, I have uploaded a recent blockchain.bin here: DOWNLOAD

Where do I put this file blockchain.bin? This is going to take forever to sync.

I type "save" and "exit" but I do not see blockchain.bin anywhere.

I am on windows.

[smooth]

For people looking to sync their linux machines, I have uploaded a recent blockchain.bin here: DOWNLOAD

Where do I put this file blockchain.bin? This is going to take forever to sync.

I type "save" and "exit" but I do not see blockchain.bin anywhere.

It's in .bitmonero

exit the node, put the file you downloaded from the above link into that directory, and then restart the node

[fartbags]

For people looking to sync their linux machines, I have uploaded a recent blockchain.bin here: DOWNLOAD

Where do I put this file blockchain.bin? This is going to take forever to sync.

I type "save" and "exit" but I do not see blockchain.bin anywhere.

It's in .bitmonero

exit the node, put the file you downloaded from the above link into that directory, and then restart the node

Sorry, I forgot to tell you I am on windows. Will this file work for me?

[smooth]

For people looking to sync their linux machines, I have uploaded a recent blockchain.bin here: DOWNLOAD

Where do I put this file blockchain.bin? This is going to take forever to sync.

I type "save" and "exit" but I do not see blockchain.bin anywhere.

It's in .bitmonero

exit the node, put the file you downloaded from the above link into that directory, and then restart the node

Sorry, I forgot to tell you I am on windows. Will this file work for me?

Sorry I don't know anything about the Windows version. Anyone else know?

[surfer43]

For people looking to sync their linux machines, I have uploaded a recent blockchain.bin here: DOWNLOAD

Where do I put this file blockchain.bin? This is going to take forever to sync.

I type "save" and "exit" but I do not see blockchain.bin anywhere.

It's in .bitmonero

exit the node, put the file you downloaded from the above link into that directory, and then restart the node

Sorry, I forgot to tell you I am on windows. Will this file work for me?

I think just put it in the appdata bitmonero folder instead of .bitmonero.

[fartbags]

Yes of course. I was looking for a monero folder instead of the bitmonero.

[fartbags]

For people looking to sync their linux machines, I have uploaded a recent blockchain.bin here: DOWNLOAD

Where do I put this file blockchain.bin? This is going to take forever to sync.

I type "save" and "exit" but I do not see blockchain.bin anywhere.

It's in .bitmonero

exit the node, put the file you downloaded from the above link into that directory, and then restart the node

Sorry, I forgot to tell you I am on windows. Will this file work for me?

I think just put it in the appdata bitmonero folder instead of .bitmonero.

That is where the file is located but the linux blockchain.bin must be a bit different I get "incompatible native format - size of long"

I will just wait 5 hours and download the blockchain myself.

[kuno]

For people looking to sync their linux machines, I have uploaded a recent blockchain.bin here: DOWNLOAD

Where do I put this file blockchain.bin? This is going to take forever to sync.

I type "save" and "exit" but I do not see blockchain.bin anywhere.

It's in .bitmonero

exit the node, put the file you downloaded from the above link into that directory, and then restart the node

Sorry, I forgot to tell you I am on windows. Will this file work for me?

I think just put it in the appdata bitmonero folder instead of .bitmonero.

That is where the file is located but the linux blockchain.bin must be a bit different I get "incompatible native format - size of long"

I will just wait 5 hours and download the blockchain myself.

The blockchain.bin file is incompatible between windows and Linux. It is a known problem with the boost library this is using to save the files.