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

[phosphorush]

I woudl appreaciate some help :\

I downloaded wolf miner, but when i execute minerd, the window closes right away...

Also, how do I copy paste command lines into the command windows? -_-

[dga]

If there is a CN ASIC, will the dev core commit to changing the hash, in the case where it is substantially more cost-effective than cpu or gpu mining?

That would be a centralized decision, and by doing so it would greatly undermine the trust people have in the coin. I think it is pretty much impossible for any coin established (except if it's really a matter of life and death, say if the hash function is broken).
For instance Bitcoin would go to less than a $ instantly if a bunch of guys (the devs of bitcoin core) would decide to switch from sha256 to another hash function, no matter the motivations behind.
And if it's not established, well there's no ASIC...

This is not a particularly useful discussion, honestly.

(a)  CryptoNight is going to do quite well against ASICs.  Anything can be optimized, of course, but the design of CN is probably good to keeping the gap to an order of magnitude or so.  I could be very wrong - but I think you'll see CN scale in some very interesting ways with future CPU designs.  This is one of the best designs I've seen for keeping the gap relatively small.

(b)  By the time an ASIC comes out, it will be too late to reasonably effect a change of that magnitude.  But if it happens, why worry?  It will mean that a strongly anonymous coin design has become a major enough player to justify tens of millions of dollars of design, test, and manufacturing effort on asics.  That would be a pretty impressive win for the cryptonote family.

(c) (the big discussion of whether or not ASICs are a bad thing in the first place - energy efficiency, botnet-resistance, etc.  we're at the tip of starting to see botnets emerge as major players in XMR now, and that trend is going to get worse -- EC2 has become unprofitable for XMR, and the void will be filled by a mix of smaller individual miners and botnets.)

[Mumbles]

If you think the website is fine and just needs a few periodic updates that is an idication of the lack of understanding of the level of polish and marketing required to make a coin successful and stand out in the crowded market. Pretty website and drop dead easy to use software may not matter to you or other early adopters, but it is absolutely essential if this is to become anything more than a subset of a subset project. I wouldn't bother writing on here if I didn't want it to succeed. But being honest this project has a very long way to go and the recent pace has not been impressive. I still haven't seen a reason for the dev team to not accept more help. Its just bizarre.

The proper benchmark for comparison of development progress is not a throw-away pump&dump coin, but bitcoin, or possibly nxt, ethereum, xcp.
Development on these scales is somewhere between blazingly fast and fairly moderate.

It's silly to say core won't accept help, given that the code is in git.  Did you submit a pull request that was rejected?  No?  Then what are you up about?

The "size issue" is a non-issue as long as one can easily run a fullnode.  There is no time-scale on which you can reasonably project that it will be difficult to run a full-node on high-end commodity hardware.  Given thin-clients, what more do you need?  Thin clients are in development.
EDIT: I thought you were referring to the recurrent criticism that the blockchain is larger than bitcoin's.  I suspect you were referring to transaction size.  That is addressed by tacotime, below.

In short, everything you mentioned as a problem was not, in fact, a problem, with the possible exception of the fact that the website is neglected, but not much.  It could use a few periodic updates, perhaps some more external links, but it covers what it really needs to cover.

[darkota]

If you think the website is fine and just needs a few periodic updates that is an idication of the lack of understanding of the level of polish and marketing required to make a coin successful and stand out in the crowded market. Pretty website and drop dead easy to use software may not matter to you or other early adopters, but it is absolutely essential if this is to become anything more than a subset of a subset project. I wouldn't bother writing on here if I didn't want it to succeed. But being honest this project has a very long way to go and the recent pace has not been impressive. I still haven't seen a reason for the dev team to not accept more help. Its just bizarre.

The proper benchmark for comparison of development progress is not a throw-away pump&dump coin, but bitcoin, or possibly nxt, ethereum, xcp.
Development on these scales is somewhere between blazingly fast and fairly moderate.

It's silly to say core won't accept help, given that the code is in git.  Did you submit a pull request that was rejected?  No?  Then what are you up about?

The "size issue" is a non-issue as long as one can easily run a fullnode.  There is no time-scale on which you can reasonably project that it will be difficult to run a full-node on high-end commodity hardware.  Given thin-clients, what more do you need?  Thin clients are in development.
EDIT: I thought you were referring to the recurrent criticism that the blockchain is larger than bitcoin's.  I suspect you were referring to transaction size.  That is addressed by tacotime, below.

In short, everything you mentioned as a problem was not, in fact, a problem, with the possible exception of the fact that the website is neglected, but not much.  It could use a few periodic updates, perhaps some more external links, but it covers what it really needs to cover.

I agree with Mumbles. I'm a humble troll but I speak the truth when needed. Any coin, that includes Bitcoin, Monero, Darkcoin, etc needs good marketing, not everyone is a genius crypto specialist, most people need fancy graphics and text to instill confidence. That means having a good looking website and etc.

[phosphorush]

If you think the website is fine and just needs a few periodic updates that is an idication of the lack of understanding of the level of polish and marketing required to make a coin successful and stand out in the crowded market. Pretty website and drop dead easy to use software may not matter to you or other early adopters, but it is absolutely essential if this is to become anything more than a subset of a subset project. I wouldn't bother writing on here if I didn't want it to succeed. But being honest this project has a very long way to go and the recent pace has not been impressive. I still haven't seen a reason for the dev team to not accept more help. Its just bizarre.

The proper benchmark for comparison of development progress is not a throw-away pump&dump coin, but bitcoin, or possibly nxt, ethereum, xcp.
Development on these scales is somewhere between blazingly fast and fairly moderate.

It's silly to say core won't accept help, given that the code is in git.  Did you submit a pull request that was rejected?  No?  Then what are you up about?

The "size issue" is a non-issue as long as one can easily run a fullnode.  There is no time-scale on which you can reasonably project that it will be difficult to run a full-node on high-end commodity hardware.  Given thin-clients, what more do you need?  Thin clients are in development.
EDIT: I thought you were referring to the recurrent criticism that the blockchain is larger than bitcoin's.  I suspect you were referring to transaction size.  That is addressed by tacotime, below.

In short, everything you mentioned as a problem was not, in fact, a problem, with the possible exception of the fact that the website is neglected, but not much.  It could use a few periodic updates, perhaps some more external links, but it covers what it really needs to cover.

I agree with Mumbles. I'm a humble troll but I speak the truth when needed. Any coin, that includes Bitcoin, Monero, Darkcoin, etc needs good marketing, not everyone is a genius crypto specialist, most people need fancy graphics and text to instill confidence. That means having a good looking website and etc.

and people here don't help the noobs such as me :\

[smooth]

(b)  By the time an ASIC comes out, it will be too late to reasonably effect a change of that magnitude.

This is really at the core of your post, because if it were impossible to change, then no point in discussing it, I'll agree with you there.

I disagree with this statement however, I believe a change would be possible prior to ASICs being widely deployed if the stakeholders (miners and users) wanted it.

It seems no clear consensus has emerged on whether ASICs are a good or bad idea though. Perhaps a coin that resists centralization by massive GPU and ASIC farms long enough to provide some basis of comparison will help form that consensus (if there is one).

a mix of smaller individual miners and botnets

This statement is quite interesting because the longer term role of botnets is as yet unclear, and all we have at this point is speculation about their eventual scope. If mining ends up being dominated by large botnets that isn't really any different from any other form of centralized mining, and not very interesting. But if smaller individual miners play a large role, that would actually be something new.

[mickey_miner]

I woudl appreaciate some help :\

I downloaded wolf miner, but when i execute minerd, the window closes right away...

Also, how do I copy paste command lines into the command windows? -_-

create new txt file in minerd directory

Name it start.bat or what you want

put your connection info in file

minerd -a cryptonight -o stratum+tcp://your-pool-address -u address -p x

save

run bat file

Window will stay open and you see miner mining

[phosphorush]

I woudl appreaciate some help :\

I downloaded wolf miner, but when i execute minerd, the window closes right away...

Also, how do I copy paste command lines into the command windows? -_-

create new txt file in minerd directory

Name it start.bat or what you want

put your connection info in file

minerd -a cryptonight -o stratum+tcp://your-pool-address -u address -p x

save

run bat file

Window will stay open and you see miner mining

Did it, the bat in the wolfminer that requires AES-NI says: is not recognized as internal or external command, operable program or batch file.

on the one without AES-NI it load the bat file, however executing the minerd window still crashes... :s But it's mining now.

How do i get it to work with AES-Ni, my CPu supports it :s

[aminorex]

ASIC mining would destroy XMR.  ASIC mining means centralized control of the software resides in the hands of whoever can dominate the queue of the best fab.  Eventually that will be a nation-state.  Since BTC is built for surveilance already, XMR would be first up against the wall.

There would be no point in mining it because it would be far worse than worthless. It would be a honeypot.

Switching to a ready hash whenever necessary would not be hard...IF everyone knows it is coming.  You can't defer this commitment until the last minute.

And don't tell me the NSA can stealth fab so everything is hopeless.  They can - I've seen it myself, as far back as 1990 - but the hash footprint would be obvious.

[buy4crypto]

Are there any fuacets or ways for new people to XMR to get free coins?

Trying to develop FreeMonero.com and I just can't find any give aways to link to.

[AdamWhite]

ASIC mining would destroy XMR.  ASIC mining means centralized control of the software resides in the hands of whoever can dominate the queue of the best fab.  Eventually that will be a nation-state.  Since BTC is built for surveilance already, XMR would be first up against the wall.

There would be no point in mining it because it would be far worse than worthless. It would be a honeypot.

Switching to a ready hash whenever necessary would not be hard...IF everyone knows it is coming.  You can't defer this commitment until the last minute.

And don't tell me the NSA can stealth fab so everything is hopeless.  They can - I've seen it myself, as far back as 1990 - but the hash footprint would be obvious.

It remains to be seen how much of an advantage asics would have over the hordes of gpu miners and botnets securing the network

[cAPSLOCK]

and people here don't help the noobs such as me :\

With all due respect:

1.  People have responded to you and helped you on this very page.
2.  How to copy and paste in a dos box has been covered a dozen times in this thread.
http://lmgtfy.com/?q=copy+and+paste+monero

Open a dos window first, navigate to the directory with ccminer in it and execute your command.  The box wont disappear.  The reason it disappears when you just click on ccminer is you are running it without arguments and it just closes.

[XMR] Monero Mining thread: https://bitcointalk.org/index.php?topic=653467.0

[AdamWhite]

Phosphorush, there sre separate binaries for cpu's without aes-ni. See wolf's first post https://bitcointalk.org/index.php?topic=632724.0

[5w00p]

hah hah page 420

[David Latapie]

Who knows... May be devs of Monero has to analize Cryptonote whitepaper very accurately and for a long time?..

We mandated PhD-holding mathematicians and cryptographers to do it (on top of our own reading, of course)

Among other things: I updated the list of pools on the OP, please PM me or the monero account for any addition.

[werrindor]

I know that this nice cat made you sick, but he is amazing. And that guy who decided to call it Luke is a freaking genius.

ITA! This cat looks amazing and IMO name "Luke" is best for it

Thats some weird coincidence but my cat's name is Luke 
So +100 for Luke!

[ntesic]

New pool, http://www.moneropool.net
Strong real dedicated server (not Amazon instance or so), 2% fee, no downtime, DDOS protected

[fluffypony]

If you think the website is fine and just needs a few periodic updates that is an idication of the lack of understanding of the level of polish and marketing required to make a coin successful and stand out in the crowded market. Pretty website and drop dead easy to use software may not matter to you or other early adopters, but it is absolutely essential if this is to become anything more than a subset of a subset project. I wouldn't bother writing on here if I didn't want it to succeed. But being honest this project has a very long way to go and the recent pace has not been impressive. I still haven't seen a reason for the dev team to not accept more help. Its just bizarre.

I agree with Mumbles. I'm a humble troll but I speak the truth when needed. Any coin, that includes Bitcoin, Monero, Darkcoin, etc needs good marketing, not everyone is a genius crypto specialist, most people need fancy graphics and text to instill confidence. That means having a good looking website and etc.

We're already working on it:)

[sparkster]

There is threshold 0.5 on moneropool.com. But what is threshold on other pools? Is it 0.5 too? Are there pools with less limit?

[smooth]

There is threshold 0.5 on moneropool.com. But what is threshold on other pools? Is it 0.5 too? Are there pools with less limit?

There may be, as pool operators can configure it however they want, and a few pools may still use the old code that did not delay payments until the threshold is reached (even though this is strongly not recommended). However, you are probably better off just waiting for the threshold because if you receive too many small payments you will have trouble spending the coins and have to pay higher transaction fees to do so.