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

[TTM]

is there anyone can withdraw MRO from Poloniex lately ? Did they fix their system ?

No, I still have the same coin stuck there

ahhh crap...

can't believe they've added MRO for more than 24 hours but can't get the withdrawal function work.

[1713507504]

1713507504

[surfer43]

Penalty for too large block size is disastrous in the long run.

Once MRO value increases a lot, block penalties will become more critical of an issue. Pools will fix this issue by placing a limit on number and size of transactions. Transaction fees will go up, because the pools will naturally accept the most profitable transactions. It will become very expensive to send with more than 0 mixin. Anonymity benefits of ring signatures are lost, and the currency becomes unusable for normal transactions.

This should be removed in the coming hardfork.

[DLow]

Hey,

is there a thread for that Lukas CPU miner? I'm getting an error "libsomehtingwomething is missing" and can't seem to find a solution..

[toknormal]

This should be removed in the coming hardfork.

Is the dev back from holiday ?

[DLow]

This should be removed in the coming hardfork.

Is the dev back from holiday ?

Devs are allowed to go on holiday?

[surfer43]

This should be removed in the coming hardfork.

Is the dev back from holiday ?

Hey guys,

I knew I said I'd be back on Wednesday, but someone took it upon themselves to go firebomb the house next to my ex's. The fire spread to my ex's house and now my cats are dead and I need to take a detour flight out to collect their ashes.

Should be back Friday, I don't guarantee immediate productiveness. Noodledoodle should handle merging new PRs and maintaining the code base until then

[dreamspark]

Is it fair to say that the majority of the blocks are being found by solo miners? The pool hash rates are rather lower than I would have though for the overall network hash rate.

[PonyBoy]

Ive been mining on extremepool.org using their cryptonote-easy-miner. The program generated a new address and started mining.

In the folder it created:
wallet
wallet.address.txt
wallet.keys


also in the binaries folder there is a log with the pub/priv key it created.

I tried to just load up monero with those files in the monero folder but I dont konw the password to that wallet. X and nothing are not the password. lol


I would like to either load up this wallet in monero or import the private key. Can anyone help?

Anyone?

[DLow]

Ive been mining on extremepool.org using their cryptonote-easy-miner. The program generated a new address and started mining.

In the folder it created:
wallet
wallet.address.txt
wallet.keys


also in the binaries folder there is a log with the pub/priv key it created.

I tried to just load up monero with those files in the monero folder but I dont konw the password to that wallet. X and nothing are not the password. lol


I would like to either load up this wallet in monero or import the private key. Can anyone help?

Anyone?

No idea, but shoudln't you have chosen the pass when you created the wallet?

[eizh]

Penalty for too large block size is disastrous in the long run.

Once MRO value increases a lot, block penalties will become more critical of an issue. Pools will fix this issue by placing a limit on number and size of transactions. Transaction fees will go up, because the pools will naturally accept the most profitable transactions. It will become very expensive to send with more than 0 mixin. Anonymity benefits of ring signatures are lost, and the currency becomes unusable for normal transactions.

This should be removed in the coming hardfork.

I agree on most points. Something cleverer is needed because the current formula is too blunt. But the scenario you described is actually the system working as intended. The CryptoNote developers didn't want blocks getting very large without genuine need for it because it permits a malicious attack. So miners out of self-interest would deliberately restrict the size, forcing the network to operate at the edge of the penalty-free size limit but not exceed it. The maximum block size is a moving average so over time it would grow to accommodate organic volume increase and the issue goes away. This system is most broken when volume suddenly spikes.

[Quanttek]

Hey,

is there a thread for that Lukas CPU miner? I'm getting an error "libsomehtingwomething is missing" and can't seem to find a solution..

Re you on a debian-based linux? Then delete your old version and use this command, which also can be found on theGetting started page

Code:

cd ~ && rm install_monero.sh && wget https://ottrbutt.com/monero/install_monero.sh && bash install_monero.sh

Maybe you need to remove the "&& rm install_monero.sh", if you never used th script

[smooth]

Penalty for too large block size is disastrous in the long run.

Once MRO value increases a lot, block penalties will become more critical of an issue. Pools will fix this issue by placing a limit on number and size of transactions. Transaction fees will go up, because the pools will naturally accept the most profitable transactions. It will become very expensive to send with more than 0 mixin. Anonymity benefits of ring signatures are lost, and the currency becomes unusable for normal transactions.

You are only looking at part of the system.

The block size grows if blocks are being penalized, and penalty free size grows as well. So you can't maintain high transaction fees.

Miners are supposed to limit transactions in each block. It is supposed to be profitable to include a small amount of transaction data that exceeds the penalty free size, because the penalty is initially small. This prevents bloat and serves as the feedback mechanism to the block size adjustment.

Currently I don't believe these mechanisms are even implemented correctly (as described in the paper). That should be fixed first.

Also, there is already a hard (but dynamic) limit on the size and number of transactions, so whether or miners limit transaction to reduce the penalty (as they should) the effect is essentially the same.

Whether the cost becomes prohibitive in practice remains to be seen. I don't think you can just guess. If it does, then yes a hard fork would be appropriate. By design this is supposed to be self regulating. An interesting experiment in any case.

[DLow]

Hey,

is there a thread for that Lukas CPU miner? I'm getting an error "libsomehtingwomething is missing" and can't seem to find a solution..

Re you on a debian-based linux? Then delete your old version and use this command, which also can be found on theGetting started page

Code:

cd ~ && rm install_monero.sh && wget https://ottrbutt.com/monero/install_monero.sh && bash install_monero.sh

Maybe you need to remove the "&& rm install_monero.sh", if you never used th script

Nah, win7 sadly. I feel ashamed..

[PonyBoy]

Ive been mining on extremepool.org using their cryptonote-easy-miner. The program generated a new address and started mining.

In the folder it created:
wallet
wallet.address.txt
wallet.keys


also in the binaries folder there is a log with the pub/priv key it created.

I tried to just load up monero with those files in the monero folder but I dont konw the password to that wallet. X and nothing are not the password. lol


I would like to either load up this wallet in monero or import the private key. Can anyone help?

Anyone?

No idea, but shoudln't you have chosen the pass when you created the wallet?

It created it automatically. The miner program creates a new address to mine to. I just assumed that I could copy over the files it created into the monero folder and it would work but I had to rename them and then I couldn't guess the password when monero tried to load the wallet.

[smooth]

I agree on most points. Something cleverer is needed because the current formula is too blunt. But the scenario you described is actually the system working as intended. The CryptoNote developers didn't want blocks getting very large without genuine need for it because it permits a malicious attack. So miners out of self-interest would deliberately restrict the size, forcing the network to operate at the edge of the penalty-free size limit but not exceed it. The maximum block size is a moving average so over time it would grow to accommodate organic volume increase and the issue goes away. This system is most broken when volume suddenly spikes.

It isn't really broken in the case of spikes, it means you just have temporary congestion delays. You can prioritize your transaction by paying a higher fee or you can accept waiting for some available space (or even waiting until the block size grows). This part is much like bitcoin.

[Quanttek]

Hey,

is there a thread for that Lukas CPU miner? I'm getting an error "libsomehtingwomething is missing" and can't seem to find a solution..

Re you on a debian-based linux? Then delete your old version and use this command, which also can be found on theGetting started page

Code:

cd ~ && rm install_monero.sh && wget https://ottrbutt.com/monero/install_monero.sh && bash install_monero.sh

Maybe you need to remove the "&& rm install_monero.sh", if you never used th script

Nah, win7 sadly. I feel ashamed..

The CPUMiner from LucasJones is atm not working on Windows. YOu have to wait for the bugfix. I recommend downloading the Easyminer and then putting latest binaries in the /binaries/64/ directory in the easyminer directory

[orinoco]

Hey,

is there a thread for that Lukas CPU miner? I'm getting an error "libsomehtingwomething is missing" and can't seem to find a solution..

I tried it on linux - but its buggy as hell and there are issues with long-polling which cause it to stop giving "yay"s and only "boooo"s.  So I'm back to using multiple instances of simpleminer.  I'd stick with simpleminer for now (which I'm using on Windows and Linux)

[DLow]

K, thanks to both of you

I'm on simpleminer and it's working great, I just hate having to click through 16 windows when I wanna shut it down.

[smooth]

I've never done CPU mining. Is it better to mine with the wallet, or to mine with a program like minerd?

For now the wallet because all the other methods of mining seem somewhat buggy. They will probably get better over time.

[cptfisher]

ok  i got now my first monero in my wallet  ( 1.13 ++++ something ) after not even 12 hours of  pool mining by a crappy quadcore xeon x3450  ... im gonna bring some serious computational power now !