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

[GreekBitcoin]

Monero is at .0062, I feel like slapping myself. Wish I had bought some more earlier..I only have 20 moneros.. ):

You're still in time to buy. Monero is the next to be added in mintpal and you know what that means.

You shouldnt promote monero by saying that it is going to be on mintpal and thats why it will grow. That looks like a pump and dump. You should read and understand what monero is and what it does and promote it with that reasoning...

[mindless]

At http://pool.cryptoescrow.eu after moving to our New servers and updating the Configuration we have 0% orphans and we plan to keep it that way!
All thanks to Wolf0 and great server support.
Everyone is very welcome to join us!

[surfer43]

At http://pool.cryptoescrow.eu after moving to our New servers and updating the Configuration we have 0% orphans and we plan to keep it that way!
All thanks to Wolf0 and great server support.
Everyone is very welcome to join us!

0% orphan rate is impossible. You probably have an orphan rate just under 1% like everyone else.

[devphp]

Monero blockchain grew to 1 Gb in one month and it's a pain to sync, and only a few people use it now, imagine what would happen when/if it gets more popular. Do you think that Monero alone won't fly due to syncing and storing issues if everyone uses the same cryptonote currency?

In my opinion, a few cryptonote currencies will become popular and interexchangeable, since the code is shared, and users would need to download only one of the blockchains. The userbase and transactions are thus split into a few smaller blockchains instead of one huge and everyone chooses their favorite flavor, like linux OSes, with every flavor taking 20-30% of total marketcap of cryptonote currencies.

It's just a pain to wait for it to be fully synced if you only open it once every few days and have to wait 20-30 mins before you can use it. For now it's just pumping at exchanges as many people don't even bother with withdrawing, especially since there is no GUI and they are only speculators. What do you think of this?

[darkota]

Monero blockchain grew to 1 Gb in one month and it's a pain to sync, and only a few people use it now, imagine what would happen when/if it gets more popular. Do you think that Monero alone won't fly due to syncing and storing issues if everyone uses the same cryptonote currency?

In my opinion, a few cryptonote currencies will become popular and interexchangeable, since the code is shared, and users would need to download only one of the blockchains. The userbase and transactions are thus split into a few smaller blockchains instead of one huge and everyone chooses their favorite flavor, like linux OSes, with every flavor taking 20-30% of total marketcap of cryptonote currencies.

It's just a pain to wait for it to be fully synced if you only open it once every few days and have to wait 20-30 mins before you can use it. For now it's just pumping at exchanges as many people don't even bother with withdrawing, especially since there is no GUI and they are only speculators. What do you think of this?

I was thinking of this as well. What if a multibit version of the monero qt wallet was made? Where only the important parts of the blockchain are stored like with Bitcoin's multibit wallet, so much less space is needed for the monero multibit/lightweight wallet.

[devphp]

Monero blockchain grew to 1 Gb in one month and it's a pain to sync, and only a few people use it now, imagine what would happen when/if it gets more popular. Do you think that Monero alone won't fly due to syncing and storing issues if everyone uses the same cryptonote currency?

In my opinion, a few cryptonote currencies will become popular and interexchangeable, since the code is shared, and users would need to download only one of the blockchains. The userbase and transactions are thus split into a few smaller blockchains instead of one huge and everyone chooses their favorite flavor, like linux OSes, with every flavor taking 20-30% of total marketcap of cryptonote currencies.

It's just a pain to wait for it to be fully synced if you only open it once every few days and have to wait 20-30 mins before you can use it. For now it's just pumping at exchanges as many people don't even bother with withdrawing, especially since there is no GUI and they are only speculators. What do you think of this?

I was thinking of this as well. What if a multibit version of the monero qt wallet was made? Where only the important parts of the blockchain are stored, so much less space is needed for the monero multibit/lightweight wallet.

Is a thin client even possible with cryptonote currencies? Let the devs answer this.

[Limpuls]

Hey, just wondering is this normal that when i'm trying to synchronisize with network (I'm doing it without blockchain, will download it while updating) got this error? And the days, blocks numbers is not lessen. You can see somewhere is 2days, then again 52days. I'm waiting about 2h.Maybe I should first download blockchain file and then try to synchronisize bitmonerod with network?

[uvt9]

Is a thin client even possible with cryptonote currencies? Let the devs answer this.

simplewallet.exe can be seen as a "thin client", it manages wallets and broadcast transactions to bitmonerod.exe.

I think it is possible to host deamon on a remote server, hence we could achieve a real light weight client. Let's wait dev give some opinion about this  

Hey, just wondering is this normal that when i'm trying to synchronisize with network (I'm doing it without blockchain, will download it while updating) got this error? And the days, blocks numbers is not lessen. You can see somewhere is 2days, then again 52days. I'm waiting about 2h.Maybe I should first download blockchain file and then try to synchronisize bitmonerod with network?

It's quite annoying but nothing to worry about. Your client was flooding other's peer with too many connection and got rejected.

[parker928]

Let me break this down for you:

1) Top EC2 instance has around 700 hash/sec. -- Wrong
2) Each of the instances costs more than $1000 per month ($33 per day) -- Wrong
3) It's very unlikely that it could happen in 2 days. -- Wrong

Your math may be right, but your inputs are all wrong. Botnets can't come anywhere near EC2.

Let's check.

http://aws.amazon.com/ec2/pricing/

c3.8xlarge is $1.680 per Hour, which is $40 per day. Sorry, I was all wrong, it's even worse than I was writing.

3) It's very unlikely that it could happen in 2 days. -- Wrong

It would be a nightmare to get the limit and set up 2,800 servers. Is there a shortcut?

Rias, you have got to be one of the biggest trolls I have seen in a long time. You are the worst kind of person, you know that?

[Limpuls]

Is a thin client even possible with cryptonote currencies? Let the devs answer this.

simplewallet.exe can be seen as a "thin client", it manages wallets and broadcast transactions to bitmonerod.exe.

I think it is possible for to host deamon on a remote server, hence we could achieve a real light weight client. Let's wait dev give some opinion about this  

Hey, just wondering is this normal that when i'm trying to synchronisize with network (I'm doing it without blockchain, will download it while updating) got this error? And the days, blocks numbers is not lessen. You can see somewhere is 2days, then again 52days. I'm waiting about 2h.Maybe I should first download blockchain file and then try to synchronisize bitmonerod with network?

It's quite annoying but nothing to worry about. Your client was flooding other's peer with too many connection and got rejected.

Oh, I felt better. But what about this things writted in the red color? I don't think that is normal :? And how long i will need to wait? About 5hours or less? Screenshot again

[statdude]

Monero blockchain grew to 1 Gb in one month and it's a pain to sync, and only a few people use it now, imagine what would happen when/if it gets more popular. Do you think that Monero alone won't fly due to syncing and storing issues if everyone uses the same cryptonote currency?

In my opinion, a few cryptonote currencies will become popular and interexchangeable, since the code is shared, and users would need to download only one of the blockchains. The userbase and transactions are thus split into a few smaller blockchains instead of one huge and everyone chooses their favorite flavor, like linux OSes, with every flavor taking 20-30% of total marketcap of cryptonote currencies.

It's just a pain to wait for it to be fully synced if you only open it once every few days and have to wait 20-30 mins before you can use it. For now it's just pumping at exchanges as many people don't even bother with withdrawing, especially since there is no GUI and they are only speculators. What do you think of this?

I was thinking of this as well. What if a multibit version of the monero qt wallet was made? Where only the important parts of the blockchain are stored, so much less space is needed for the monero multibit/lightweight wallet.

Is a thin client even possible with cryptonote currencies? Let the devs answer this.

How soon will this "blockchain bloat" issue be addressed/corrected?

[BldSwtTrs]

Hi guys, I wish to know if the limits of CoinJoin described in the following article apply also to Monero?
http://www.coindesk.com/blockchains-sharedcoin-users-can-identified-says-security-expert/

[parker928]

wow sooo many trolls = good sign...people are scared!

good.

[devphp]

simplewallet.exe can be seen as a "thin client", it manages wallets and broadcast transactions to bitmonerod.exe.

I think it is possible to host deamon on a remote server, hence we could achieve a real light weight client.

It's not a trustless solution

[superresistant]

How soon will this "blockchain bloat" issue be addressed/corrected?

Boolberry team did it. Monero just need to adapt the fix.
No reason to not do it. It is just a matter of time.
No rush.

[othe]

How soon will this "blockchain bloat" issue be addressed/corrected?

Boolberry team did it. Monero just need to adapt the fix.
No reason to not do it. It is just a matter of time.
No rush.

This needs _careful_ thinking first.

And the Btc/Ltc blockchain is far bigger than us currently..

[trip96]

Hey everyone! I have a simple question. Or confirmation that what I plan to do will work.

I mine to a simplewallet and it's obviously got a ton of dust transaction in it.

I now am ready to buy a little XMR too and wanted to make a new wallet to transfer all my XMR to.

SO, I plan on just putting a new copy of simple wallet into another/different folder on my computer and generating a wallet with the commands.

This is how you do this correct? OR am I going to mess up my older wallet/blockchain?

If I am wrong with this procedure, how would you do it?

Thanks everyone, Have an awesome day

[jwinterm]

Hey everyone! I have a simple question. Or confirmation that what I plan to do will work.

I mine to a simplewallet and it's obviously got a ton of dust transaction in it.

I now am ready to buy a little XMR too and wanted to make a new wallet to transfer all my XMR to.

SO, I plan on just putting a new copy of simple wallet into another/different folder on my computer and generating a wallet with the commands.

This is how you do this correct? OR am I going to mess up my older wallet/blockchain?

If I am wrong with this procedure, how would you do it?

Thanks everyone, Have an awesome day

You don't even need to switch folders, really. You can just generate a new wallet (with a different name) in the same folder. If your first wallet was named wallet.bin, just call this one trip96.bin, or trip96.dat, or just trip96 (the extension isn't needed).

[xa4]

Some say XMR will rise when XMR/BTC market will open on Mintpal. What's the reasoning behind this (except from larger exposure) ... are there precedents ?

I'm under the impression last couple of days and certainly last couple of hours, XMR is being pumped on Polo in anticipation of the Mintpal notation and XMR will be dumped on Mintpal.

What's your opinion ?

[superresistant]

Some say XMR will rise when XMR/BTC market will open on Mintpal. What's the reasoning behind this (except from larger exposure) ... are there precedents ?
I'm under the impression last couple of days and certainly last couple of hours, XMR is being pumped on Polo in anticipation of the Mintpal notation and XMR will be dumped on Mintpal.
What's your opinion ?

Short term variations doesn't matter.

People will regret not having XMR in few months.