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

[surfer43]

http://moneropool.org has a 10% bonus  After that promo it has 0% fees.

Hey Surfer, How long is that set to last?

At least for our next 20 blocks, probably longer 

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[emontmon]

I feel all the recent influx of BCN clones are just all cut and paste jobs from the same person to cash in on the anon buzz lately as they have all popped up recently.

So !!!

Don't get me wrong, I love the concept behind them and makes interesting reading seeing how it actually works under the hood.

well
with a little thought and minimal research, it is evident that that is not the case.

[Johnny Mnemonic]

how can you say that bytecoin.org used it before. you were not even part of that conversation at the very beginning and that when all the cicada 3301 conspiracy was flying around. your credibility is in question.

I'll accept being wrong about BCN as I was going purely from memory, but I'd advise not making accusations against someone who isn't picking a fight nor has any reason to lie. I was very much a part of the conversations, and I have no need to prove anything to you.

but people come here for information. you were speaking with authority. with the fud going on with dark, it is important to speak factually as some rely on it for information

I apologize for being incorrect. I stated the facts as I thought I remembered them. That said, this is the MRO thread, not the BCN thread. Anyone looking for BCN related info is in the wrong place, anyway.

[tk808]

Hello, we've just reviewed and scored Monero on www.CoinsSoruce.com
We understand that Monero is still in its infancy in terms of support and on the markets. We will be keeping a close watch on future progress of Monero.


This coin received a 3.19/5, which ranks amongst the best scored coins on Coins Source. We tried to cover all the basic aspects for our users.
http://www.coinssource.com/crypto-coins/monero/


Keep up the good work!

[surfer43]

Hello, we've just reviewed and scored Monero on www.CoinsSoruce.com

Launched on April 18, 2014, not April 24. This was not the original ANN thread.

[windjc]

I am using Mac. I synced fine. Then I created a wallet and password.

But everytime I close out simplewallet and reopen it, it says my wallet does not exists.

What am I doing wrong?

Also: the 32 bit for Windows is saying the .exe file is not 32 bit compatible. A little frustrating.

[eizh]

I am using Mac. I synced fine. Then I created a wallet and password.

But everytime I close out simplewallet and reopen it, it says my wallet does not exists.

What am I doing wrong?

simplewallet needs to be called with the argument "--wallet wallet.bin", if wallet.bin is what you named it.

[georgeandy]

MRO fans post everyday

[windjc]

I am using Mac. I synced fine. Then I created a wallet and password.

But everytime I close out simplewallet and reopen it, it says my wallet does not exists.

What am I doing wrong?

simplewallet needs to be called with the argument "--wallet wallet.bin", if wallet.bin is what you named it.

Well, what I did several times - is I didn't know how to call it. So it asked me for a password and then I created a password and then it created a wallet name. And then I saved everything. Then I exited because I wanted to test password with wallet. But when I reopen simple wallet and put in the wallet name, it says it does not exist.

EDIT: It looks like it only recognizes the first wallet I ever created. But that wallet's password is not working. So I'm going around in circles.

[windjc]

Is there a way to retrieve a password?

[eizh]

Is there a way to retrieve a password?

By design, no. Otherwise someone could just access your funds as long as they had your keys file.

The wallet program doesn't have any memory of what it created and when; it just looks for .keys files in the same directory depending on your call argument. Delete your wallet-related files and start over (there's a .bin, a .bin.keys, and a text file with the address).

Call it from terminal for the first time with:

./simplewallet --generate-new-wallet wallet.bin

And every subsequent time with:

./simplewallet --wallet wallet.bin

[windjc]

Is there a way to retrieve a password?

By design, no. Otherwise someone could just access your funds as long as they had your keys file.

The wallet program doesn't have any memory of what it created and when; it just looks for .keys files in the same directory depending on your call argument. Delete your wallet-related files and start over (there's a .bin, a .bin.keys, and a text file with the address).

Call it from terminal for the first time with:

./simplewallet --generate-new-wallet wallet.bin

And every subsequent time with:

./simplewallet --wallet wallet.bin

On the Mac I only see "Lib" folder and none of the wallet related files you mention. Are these somewhere else?

[eizh]

On the Mac I only see "Lib" folder and none of the wallet related files you mention. Are these somewhere else?

After downloading, you should see a Lib folder and four executables: bitmonerod, simplewallet, simpleminer, connectivity_tool. If you created a wallet, then in the same folder you also have wallet.bin, wallet.bin.keys, and wallet.bin.address.txt.

If you don't see the last 3, it means you never actually created a wallet. Don't just open simplewallet from the finder by double clicking. You need to call it from the terminal with the command I showed before: ./simplewallet --generate-new-wallet wallet.bin

[PeaMine]

Anyone know what is causing the orphans?

http://moneropool.com/#pool_blocks

[timerland]

nice coin

[sorryforthat]

Anyone know what is causing the orphans?

http://moneropool.com/#pool_blocks

Would also like to know this, there are so many orphans really getting in the way of profit.

[coinfusion]

I noticed that when pool mining with cpuminer-multi the miner eventually stops responding to difficulty changes.  I see that a few workarounds have been posted in the thread, but has there been any progress at fixing the problem?  I'm feeling a bit too lazy to do an investiagtion

[windjc]

On the Mac I only see "Lib" folder and none of the wallet related files you mention. Are these somewhere else?

After downloading, you should see a Lib folder and four executables: bitmonerod, simplewallet, simpleminer, connectivity_tool. If you created a wallet, then in the same folder you also have wallet.bin, wallet.bin.keys, and wallet.bin.address.txt.

If you don't see the last 3, it means you never actually created a wallet. Don't just open simplewallet from the finder by double clicking. You need to call it from the terminal with the command I showed before: ./simplewallet --generate-new-wallet wallet.bin

Finally got it. Thanks.

[PeaMine]

Anyone know what is causing the orphans?

http://moneropool.com/#pool_blocks

Would also like to know this, there are so many orphans really getting in the way of profit.

7 orphans in a row, ouch

[the_darkness]

Thanks for the answers everyone. More than my initial question - what I really am trying to understand is which type of anonymity DRK vs. MRO has more long term advantages?  Whats the case for one or the other? Or will they simply be competing?

I hold both MRO and DRK and so have thought about this question somewhat carefully. DRK has the advantage of better awareness (particularly with its recent price increase), the familiarity and backend support of using a BTC-based client and associated services, and a large community of holders/miners. The developer, Evan Duffield, is quite visible and had made meaningful development progress. Some of the economic characteristics of the coin, including its relatively low inflation and the masternode system (which ties up coin) tend to encourage price increases. The principal concern for many regarding it is its unequal early distribution ("instamine") which you'll have to decide for yourself how much it bothers you. Another potential criticism is that Darksend is currently closed-source and unvetted, so we have no way of knowing if it will deliver on its promises. In fairness, Evan has stated it will go open source when complete, however.

MRO has the advantage of a truly novel and elegant implementation of anonymity. If a coin's value is determined purely by the anonymity if offers then CryptoNote beats CoinJoin (which underpins Darksend) hands-down. Even the originator of CoinJoin, gmaxwell, has stated as such. The CryptoNote developers, while anonymous, appear to be quite familiar with the academic cryptography literature and have used ring signatures in a clever manner to underpin their coin. Ring signatures are academically vetted and enjoy broad support within the cryptographic community (e.g. Adam Back, the cryptographer who invented hashcash for Bitcoin, tweeted his support). While I think Evan is a great developer amongst the sea of altcoins, he strikes me as more of a coder and less of a cryptographer. He, for example, has reversed himself and decided against using ring signatures. While this decision was ascribed to avoiding bloat in the blockchain, I think it's more likely because he realized implementing ring signatures in a BTC-based coin, particularly one with an already-established blockchain, would be extremely difficult.

The main limiting factor of MRO right now is that because it is not based on BTC, all of the underpinnings users have come to expect (GUI, pools, exchanges, etc.) have to be developed from scratch. This hurts the uptake of the coin and scares off less advanced users. It is possible that DRK could develop a lead in user uptake while these things get sorted out. With that said, I think the progress over one month has been very fast given that deficit; there is also a strong team of experienced developers. Some also criticize MRO as a "clone" of Bytecoin (the original CryptoNote currency marred by its own, bigger, "premine" controversy). While Bytecoin did indeed form the base of MRO, the MRO devs have done a lot to popularize CryptoNote and make it accessible to end users. MRO also has by far the largest net hash and exchange volume of the CryptoNote coins. As we saw with Tenebrix/Litecoin, sometimes being second with a fair launch is what makes the difference in making a coin stick in the long term. Also, the reason DRK is able to avoid having any "clones" currently is because of its aforementioned closed source; this is not really a strength per se as it is unlikely that people will tolerate a closed source coin in the long run, particularly when it comes to anonymity.

Anyway, I think both of these coins have a bright future. While the recent run-up of DRK clearly has elements of irrational exuberance, I do think that, so long as it delivers on its promises, it deserves to be beside Litecoin as one of the most valuable BTC derivatives. For a dark-horse long-term bet though I think MRO is the true second generation cryptocurrency.