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

[AlexGR]

Personally I'm on the Dark train

I'm glad we got your (and 1000 of your compatriots') not always so friendly attention.

Still you're welcome here though.

I'm generally on the anonymous train and I also have some vertcoins (that rocket will never take off it seems - might as well sell them if I lose patience).

I don't marry my coins because every single one of them has weaknesses. DRK V1 will need improvement, Bytecoin is 80% premine so it's doomed, Anoncoin is going nowhere with zerocoin, Zerocoin itself seems too uncertain and too government-funded, Libertycoin saying it wants to implement a basic darksend as libertysend in a week or so seems absurd and desperate (a week? wtf), Monero and other Bytecoin clones are just clones.

The only two that seem fixable, regarding their weaknesses, are DRK in V2 with all-around-anonymity and Bytecoin but not in its current state (due to the 80% premine), rather a second incarnation with technical upgrades which obsolete the current cryptonote model. Or that's my estimation anyway. If I knew the future I'd be a trillionaire

What I know for sure is that the anonymous market will be too large to ignore and that's why there is all this "competition" and rivalry. I've been saying it ever since it had something like 2-3mn market cap and now it's over 40 or 50mn. The main bet is that Bitcoin will not really adopt private features due to wanting to be transparent for regulators, or if it does, these features will not be at the level of the anonymous competitors who will conduct these transactions.

[canonsburg]

MRO took CryptoNote from the bottom of the ocean up to the surface, and like others have said, with no logo or a real GUI wallet. Wait till all the rest is sorted out and it really can go to da moon.

[blaaaaacksuit]

Why do we have to do this with EVERY SINGLE NEW COIN that hits an exchange successfully? If you don't like the coin, just go away and find one that you do like, if you do like the coin, welcome! 

[Coin_Viking]

Just started mining this, liking it so far, my rigs gpus have been mining for a longtime and now my cpus can get in on the action. Not a single wasted computing cycle, because ain't nobody got time for that.

[emontmon]

The entire idea of free and open source is ripping off someone else's hard work. That's why I would never release code I'm proud of under a license like the GPL.

Nobody said you can't rip-off stuff. You can do it alright, but you'll face the consequences of self-limitation into parasitic mentality. That's especially true when you do it in a way where you aren't really taking something to improve it technically, but rather cloning it and re-branding it to achieve your own financial advantage.

Your idea of what the subconscious says, however, is ridiculous. You're trying to say that everyone's subconscious mind believes stealing means that the thief is pathetic, which is absurd.

It's not my "idea". It's how the mind operates. Ask, for example, a hypnotist about presuppositions, and how he uses them to slip the affirmations and suggestions he wants directly to the subconscious.

The human mind produces dual thoughts, not single thoughts. For every thought or action, there is an implied thought. The implied thought tends to go unnoticed (unless one is trained to observe them - which is not difficult, it just takes time) and when it goes unnoticed it then becomes subconscious programming since it goes down uncontested.

Humans are taught that if they can do evil and get away with it they are ok. They will never get away from their own implied self-programming that says "if I harmed others to advance myself, then apparently I'm unable to advance myself on my own powers -> therefore I have no powers". Self-sabotaging. If there is anything like "karma" or "hell" or "divine punishment", this is it. But it's not performed by some higher power. It's performed by us.

Be virtuous and expand yourself. Be a scam and limit yourself.

if we agree that no one knows how the mind works then we do not know how the mind works.

[tifozi]

I posted this yesterday and I will post it again. I see both DRK and MRO overtaking other alts in not too distant future. It may be a bad data sample today, but LTC didn't rebound as well as it should have based on BTC spike. Perhaps the market it raising some questions. I am also beginning to question whether the scrypt ASIC manufacturers will be able to give it an artificial boost in time, although it certainly cannot be written off.

[Keyboard-Mash]

I don't think I seem hung up on anything. I can see through P&D scams. I'm asking what's in the works for development - technology, merchant adoption, etc? Is there anything unique in the works here or is it vulnerable to some other coin coming along?

This is only a month old. A clean launch isn't enough to ensure success at this point.

Right now the biggest things being worked on have a bounty on them.

If you're looking for what's next in the works, well those need to be completed.

Bitkoot has put out a functional GUI wallet, but it's not yet cross platform. If you run on windows, he needs feedback from end users trying that out. This has the possibility to be ported so that it can be cross platform, so please put your feedback in that thread. It's linked in the OP. Others have been working on different wallets, some might have posted them. These people really need feedback otherwise they're operating in the dark. The feedback can best come from any of us, as we're the ones using it. So, if you'd be kind enough please try it out and make a note of anything that you think doesn't work out great or can be done better and then post it

The same goes for all of the pools, they're only a few days released. Zone117x is an extremely competent developer, and the pool operators are running the software. It still needs tested heavily for your use. That's where any end user comes in. Feel free to make constructive comments on that thread, also listed in the OP. I know Archit also had a pool implementation, so maybe if anyone feels up to it could contact him and set up a pool if he's ready? Same goes for anyone else here just looking to mine. Please share your thoughts with constructive comments in that thread.

Those are two major hurdles that we can all help tackle as far as the technical end goes.

If you're looking to help with marketing, I think davidlatapie can set you up with something to do. If not, give him ideas. Feel free to send him a pm and maybe you both can come up with awesome ways to get us into markets. Also, there's a logo contest on 99 designs. Feel free to make a logo and submit it!

[Coin_Viking]

[emontmon]

We've contributed a massive amount to the infrastructure of the coin so far, enough to get recognition from cryptonote, including optimizing their hashing algorithm by an order of magnitude, creating open source pool software, and pushing several commits correcting issues with the coin that eventually were merged into the ByteCoin master. We also assisted some exchange operators in helping to support the coin.

I don't think that mining software (clients, pools), or supporting exchanges to add monero "count" as coin-tech development. Bugfixes, more so.

If they added BCN right now it would be laughably in the top 5.  Roll Eyes

It would be filtered out due to premine. So no top5.

As I have said before, the bytecoin developers are welcome here. If they want to develop the technology they are free to do so, here, without a hidden 80% premine. This was not an attempt to steal anything from them, it was just a relaunch of an otherwise good coin without a premine scam, nothing more.

The problem is that you telling them what to do, and where to be, when they've made the coin is ...problematic. You can't put them in a box and tell them these are the rules you'll play with. They made the coin. Don't you get it? They have immense power compared to clones because they can relaunch tomorrow a new coin with cryptonote tech V2 or something and pull the carpet underneath the clones big time. It will be like obsoleting "v1" and rendering it useless. It's their nuke option. They had two years to think of problems in their implementation, saying "ah, if we made the coin now, we'd do that in a different way". The potential for improvement should be significant for a reboot or a new coin by the same devs.

As I see it, having MRO take everything and upsetting the BCN devs by capitalizing on their work can backfire big time as they might "nuke" the clones and go with a V2 which heavily improves on V1. And then it's game over.

Personally I'm on the Dark train, but have some MROs just in case - keeping in mind the above. I like the prospects of the anonymous market in general, and I am holding more than one anon coins so as to be properly positioned and hedged, but the fact that MROs fortune is dependent on what BCN developers will do (because they are the innovators and first movers) is unsettling for escalating any investment.

first of all didnt the bytecoin developers borrow from cryptonote developers?

[MemoryShock]

Been mining for over a day...how long does it usually take to find a block these days?

[smooth]

Just started mining this, liking it so far, my rigs gpus have been mining for a longtime and now my cpus can get in on the action. Not a single wasted computing cycle, because ain't nobody got time for that.

Good approach. CPU coins and GPU coins can be very complimentary.

When doing this it is usually best to reduce the priority on your CPU coin BTW (using nice or the Windows equivalent) and/or reduce threads by one or two.

[Coin_Viking]

Just started mining this, liking it so far, my rigs gpus have been mining for a longtime and now my cpus can get in on the action. Not a single wasted computing cycle, because ain't nobody got time for that.

Good approach. CPU coins and GPU coins can be very complimentary.

When doing this it is usually best to reduce the priority on your CPU coin BTW (using nice or the Windows equivalent) and/or reduce threads by one or two.

Thank you for the tip. not really sure what i'm doing, pointed 7 cpus to extremepool.org using that easyminer program. all Fx-6300 cpus.. they arent beasts by any measure of the imagination but it's better than nothing. extremepool says my hash rate is 19.27 H/s is that any good?

[Keyboard-Mash]

I don't think I seem hung up on anything. I can see through P&D scams. I'm asking what's in the works for development - technology, merchant adoption, etc? Is there anything unique in the works here or is it vulnerable to some other coin coming along?

This is only a month old. A clean launch isn't enough to ensure success at this point.

Right now the biggest things being worked on have a bounty on them.

If you're looking for what's next in the works, well those need to be completed.

...

I forgot to mention also the optimized miners. Both NoodleDoodle and Wolf have been working actively on optimizing the miner. This is extremely important because without them doing that, then someone else will optimize and most likely keep it for themselves.

They're best reached in IRC (#monero, #monero-dev, #monero-otc) from what I can tell, so maybe consider asking them if they want help? The more people testing these optimizations on different hardware will surely help them out greatly. Also, make sure to thank them both. Without Noodle, we'd be mining 14x slower than we are today.

[smooth]

Just started mining this, liking it so far, my rigs gpus have been mining for a longtime and now my cpus can get in on the action. Not a single wasted computing cycle, because ain't nobody got time for that.

Good approach. CPU coins and GPU coins can be very complimentary.

When doing this it is usually best to reduce the priority on your CPU coin BTW (using nice or the Windows equivalent) and/or reduce threads by one or two.

Thank you for the tip. not really sure what i'm doing, pointed 7 cpus to extremepool.org using that easyminer program. all Fx-6300 cpus.. they arent beasts by any measure of the imagination but it's better than nothing. extremepool says my hash rate is 19.27 H/s is that any good?

I don't know. We need a volunteer to maintain a mining hardware comparison, but I don't think anyone has stepped up to do it yet.

[BitRock]

Does each core from one CPU collaborate together on hashing or each core work on their own for solo mining?

[Nekomata]

XMR is the future.

[jakecrow]

Error: failed to load wallet: invalid password

I can't remember setting a password for the wallet, tried all my pws. It is an "old"
bitmonero wallet with 100 coins (last updated on 2014-04-29), perhaps not compatible with monero? Or did I just lose my password?

Bumping this cause I had (have) the same problem. I'm absolutely positive I did not set a password for my wallet but it will not reopen. I mentioned it earlier in this thread but there was no reply, but now I'm thinking maybe I'm not alone. Really not sure what's happening and it's not a big deal for me personally since I didn't have many coins in my wallet, but still it is pretty frustrating.

[smooth]

Does each core from one CPU collaborate together on hashing or each core work on their own for solo mining?

Each thread/core works on its own. For example, it is fine to use multiple instances of simpleminer (a single threaded application), up to one for each hardware thread.

[smooth]

Just started mining this, liking it so far, my rigs gpus have been mining for a longtime and now my cpus can get in on the action. Not a single wasted computing cycle, because ain't nobody got time for that.

Good approach. CPU coins and GPU coins can be very complimentary.

When doing this it is usually best to reduce the priority on your CPU coin BTW (using nice or the Windows equivalent) and/or reduce threads by one or two.

Thank you for the tip. not really sure what i'm doing, pointed 7 cpus to extremepool.org using that easyminer program. all Fx-6300 cpus.. they arent beasts by any measure of the imagination but it's better than nothing. extremepool says my hash rate is 19.27 H/s is that any good?

I don't know. We need a volunteer to maintain a mining hardware comparison, but I don't think anyone has stepped up to do it yet.

We just need a public google doc like this: https://docs.google.com/spreadsheets/d/1hTOUdJZrKqrNDXTIbXgNvJtj_fnpECREcs-eHxaGrZc/edit?pli=1#gid=256771159
being linked in the official website help

As long as it doesn't get vandalized, sure. 

[degel_x]

Does each core from one CPU collaborate together on hashing or each core work on their own for solo mining?

Each thread/core works on its own. For example, it is fine to use multiple instances of simpleminer (a single threaded application), up to one for each hardware thread.

ohh Sh#$# i have 24 phisical cores an runing only a simpleminer instance