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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4670881 times)
florida.haunted
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July 09, 2014, 02:19:30 PM
 #9001


6. with CN now producing a reference code coin. Does this pose a threat to monero. not their reference code coin but others launching with what is now fairly known technology and therefore launched to a broader base than those of us who found bitmonero in its early days.

thanks.

I reply what I know.

I've discussed myself with Cryptonote team a week ago about their motives.

Their sincerity is proven if the folowing sites have correct SSL certificates:

https://forum.cryptonote.org/
https://cryptonotestarter.org/

I do observe a progress, since

https://cryptonotestarter.org/

has correct SSL certificate now. We just wait for their forum.

Finally, I think they are honest, but made few errors in Cryptonote promoting.

I see no treat from Cryptonote team to Monero coin.
Jcw188
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July 09, 2014, 02:20:50 PM
 #9002

Hitbtc - I have a couple of suggestions for you, small but important for me at least.
1) It would be great if you could set the trading page to automatically display in the currency pair you use the most instead of USD/BTC.
2) Fees - at the moment there's no breakdown of transaction fees given at the point of transaction, or info as to when fees are deducted. It would be helpful to have this kind of information more up-front so people aren't shooting in the dark.

Hope that's helpful.



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emontmon
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July 09, 2014, 02:32:19 PM
 #9003

i have been out of monero mining for a while due to a move.
1. in the op there is no multiminer link. does this still work.
2. is multi miner still the same as lucas zone11 miner
3. why is wolf miner linked is it much better than lucas miner (if it is multiminer)
4. any solo miners left? not cloud miners mind you. just a guy or gal with a computer random town usa.
5. with 100/s what is the time frame a solo miner can expect to find a block now using simpleminer
6. with CN now producing a reference code coin. Does this pose a threat to monero. not their reference code coin but others launching with what is now fairly known technology and therefore launched to a broader base than those of us who found bitmonero in its early days.

thanks.

1-3) Wolfs miner is considered the fastest atm, it is an improved fork of Lucas' miner.
4-5) people are still still solomining but with considerably more than 100 h/s. If thats all you have you would be better on a pool but don't expect to make too much.
6) Its debateable but the essence is that their reference coin is just that, an implementation allowing any noob to fill in the variables and have their own CN coin. However, if a dev does not have the knowledge to fork without a holding hand method do you really expect them to be able to maintain a coin and also make it better than XMR ? I doubt it, the reference code imo is the CN team shooting themselves in the foot by giving people the tools to create lots of crappy implementations of their technology.


htank you for reponse.
for education perposes then, perhapse if I could be educated regarding how long to find a block given 100 h/s. I use this number as reference only. I know lots of people are solo mining, but using cloud mining.

again, thanks.
psterryl
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July 09, 2014, 02:40:14 PM
 #9004

i have been out of monero mining for a while due to a move.
1. in the op there is no multiminer link. does this still work.
2. is multi miner still the same as lucas zone11 miner
3. why is wolf miner linked is it much better than lucas miner (if it is multiminer)
4. any solo miners left? not cloud miners mind you. just a guy or gal with a computer random town usa.
5. with 100/s what is the time frame a solo miner can expect to find a block now using simpleminer
6. with CN now producing a reference code coin. Does this pose a threat to monero. not their reference code coin but others launching with what is now fairly known technology and therefore launched to a broader base than those of us who found bitmonero in its early days.

thanks.

1-3) Wolfs miner is considered the fastest atm, it is an improved fork of Lucas' miner.
4-5) people are still still solomining but with considerably more than 100 h/s. If thats all you have you would be better on a pool but don't expect to make too much.
6) Its debateable but the essence is that their reference coin is just that, an implementation allowing any noob to fill in the variables and have their own CN coin. However, if a dev does not have the knowledge to fork without a holding hand method do you really expect them to be able to maintain a coin and also make it better than XMR ? I doubt it, the reference code imo is the CN team shooting themselves in the foot by giving people the tools to create lots of crappy implementations of their technology.


htank you for reponse.
for education perposes then, perhapse if I could be educated regarding how long to find a block given 100 h/s. I use this number as reference only. I know lots of people are solo mining, but using cloud mining.

again, thanks.

Current network hashrate is 11.62 MH/s, which is 11.62 x 10^6 H/s or 11620000 H/s.

100 H/s divided by 11.62 MH/s = 0.0000086, which is the fraction of blocks you will find with 100 H/s.

Given there is one block every minute on average, that gives 24 x 60 blocks per day = 1440 blocks per day.

Multiply 1440 by 0.0000086 to get the number of blocks you'll find a day, on average, which is 0.0124.

Divide 1 by 0.0124 to get the number of days it should take you to find a block. In this case, it will take you (on average) 80 days to find a block worth 15.7 XMR while solomining.

Your best bet currently is to use a pool where you'll be able to mine approximately 0.19 XMR per day.
dreamspark
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July 09, 2014, 02:41:29 PM
 #9005

i have been out of monero mining for a while due to a move.
1. in the op there is no multiminer link. does this still work.
2. is multi miner still the same as lucas zone11 miner
3. why is wolf miner linked is it much better than lucas miner (if it is multiminer)
4. any solo miners left? not cloud miners mind you. just a guy or gal with a computer random town usa.
5. with 100/s what is the time frame a solo miner can expect to find a block now using simpleminer
6. with CN now producing a reference code coin. Does this pose a threat to monero. not their reference code coin but others launching with what is now fairly known technology and therefore launched to a broader base than those of us who found bitmonero in its early days.

thanks.

1-3) Wolfs miner is considered the fastest atm, it is an improved fork of Lucas' miner.
4-5) people are still still solomining but with considerably more than 100 h/s. If thats all you have you would be better on a pool but don't expect to make too much.
6) Its debateable but the essence is that their reference coin is just that, an implementation allowing any noob to fill in the variables and have their own CN coin. However, if a dev does not have the knowledge to fork without a holding hand method do you really expect them to be able to maintain a coin and also make it better than XMR ? I doubt it, the reference code imo is the CN team shooting themselves in the foot by giving people the tools to create lots of crappy implementations of their technology.


htank you for reponse.
for education perposes then, perhapse if I could be educated regarding how long to find a block given 100 h/s. I use this number as reference only. I know lots of people are solo mining, but using cloud mining.

again, thanks.

Its hard to say but at a guess;

At the current difficulty(which could go up or down) 100h/s gets around .2 XMR a day, current block reward is around 15.8 so 15.8/.2 = ~79 days.
hitbtc
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July 09, 2014, 02:46:23 PM
 #9006

Hitbtc - I have a couple of suggestions for you, small but important for me at least.
1) It would be great if you could set the trading page to automatically display in the currency pair you use the most instead of USD/BTC.
2) Fees - at the moment there's no breakdown of transaction fees given at the point of transaction, or info as to when fees are deducted. It would be helpful to have this kind of information more up-front so people aren't shooting in the dark.

Hope that's helpful.

Thanks for your reply. We will report on your suggestions to our developers.
We will inform you about any updates

Quanttek
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July 09, 2014, 02:52:03 PM
 #9007

Hitbtc - I have a couple of suggestions for you, small but important for me at least.
1) It would be great if you could set the trading page to automatically display in the currency pair you use the most instead of USD/BTC.
2) Fees - at the moment there's no breakdown of transaction fees given at the point of transaction, or info as to when fees are deducted. It would be helpful to have this kind of information more up-front so people aren't shooting in the dark.

Hope that's helpful.

Thanks for your reply. We will report on your suggestions to our developers.
We will inform you about any updates

I'd also like to suggest some ideas:
1) A depth chart would be really helpful when trading
2) Also trailing stop or atleast stop loss would be really nice
3) Another important thing is a list of all trades made with a particular trading-pair - not just from me

Thanks

Enthusiast. Neither trader, nor miner and also no big investor.
Community Manager for Monero
PM if you need mine to exchange or anti-cheat algorithm for node-cryptonote-pool
nioc
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July 09, 2014, 03:49:44 PM
 #9008

The seed phrase suffices to recover a wallet.  Remember to delete simplewallet.log once you have recorded it.

I think the devs should emphatically warn about this, it can be a huge security risk.

The seed isn't in the log, we removed that ages ago:)

I believe I created my wallet about a little over a month ago.  I deleted my log file 2 days ago and the seed was there.


I don't want to be Barbie, I want to be stronger than Ken Cool
fluffypony
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July 09, 2014, 04:03:20 PM
 #9009

The seed isn't in the log, we removed that ages ago:)

I believe I created my wallet about a little over a month ago.  I deleted my log file 2 days ago and the seed was there.


I don't want to be Barbie, I want to be stronger than Ken Cool

LOL - my wife thinks her top is awesome, I just smile and wave:)

If you used the binary / code from when we first released the mnemonic seed then it would be in the log, we updated it within a few days to fix Windows issues (stemming from VS2012 not supporting a specific C++ feature, so we had to switch to VS2013) and to use STDOUT instead of the normal log writer for the seed.

Giovanni__
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July 09, 2014, 04:29:13 PM
 #9010

Hello,

Can someone upload this XMR video to youtube?

Thanks

https://mega.co.nz/#!h98WULQJ!DViT3IeJx0kmIoC7cOxupxxNQO3xl9Jw9r11O61FSIk
GreekBitcoin
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July 09, 2014, 05:16:35 PM
 #9011

Hello,

Can someone upload this XMR video to youtube?

Thanks

https://mega.co.nz/#!h98WULQJ!DViT3IeJx0kmIoC7cOxupxxNQO3xl9Jw9r11O61FSIk

https://www.youtube.com/watch?v=XyStjt_hfpQ

Wink
bbildder
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July 09, 2014, 05:32:32 PM
Last edit: July 11, 2014, 12:58:02 PM by bbildder
 #9012


welcome to our pool - http://xmr.prohash.net

stable payments
Dedicated server in the Netherlands
The low percentage - Fee: 0.5%

minerd -a cryptonight -o stratum+tcp://xmr.prohash.net/:7777 -u YOUR_ADDRESS -p x
Foxpire
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July 09, 2014, 05:53:13 PM
 #9013

hi all. sorry for my english Grin
I am mining on moneropool.com. During the day, pool has sent me in the wallet 1 XMR, but the purse they still did not come.

Check that your bitmonerod is fully sync'ed, and hit 'refresh' on the wallet. If the transaction has gone through, it should come up after a wallet refresh (which is currently a manual process if you tend to keep the wallet open).

Cheers,
~ Myagui
I'm donwload monero client.net. Fully sync with blockchain, but my balance 0xmr.
parker928
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July 09, 2014, 06:38:19 PM
 #9014

hey everyone dont forget to try out the new gui

https://bitcointalk.org/index.php?topic=683365.new#new
dnaleor
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July 09, 2014, 07:55:25 PM
 #9015


great video presentation!!
dawie
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July 09, 2014, 08:01:55 PM
 #9016

Thank you for this nice unbiased and objective summary of XMR.  Great for sharing with new friends.

Fascinated by BTC
BTC: 1HWUnvZ3xQykdSJsfyGiGQpZG16uFe8DXJ
XMR: 44fJ52WJGUmceBX6iARnfW6k9p2MFrwkb9AeXRDvQDaZYM8zkA2uuysE164GBGrhkvGh8PAxGUFU5Fq eEmk82Cww3CHdeRS
rangedriver
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July 09, 2014, 08:10:00 PM
 #9017

It's a great script, but we really need to get a voice talent to read this out. (No offence).

Voice123.com has some great voice talent. I recommend a female voice.
digitalninja81
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July 09, 2014, 08:22:13 PM
 #9018

Guys, I don't understand why Monero has 1135 votes on Hitbtc, but it is available to exchange now. How did this happen?
Anon136
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July 09, 2014, 08:25:16 PM
 #9019

Hello,

Can someone upload this XMR video to youtube?

Thanks

https://mega.co.nz/#!h98WULQJ!DViT3IeJx0kmIoC7cOxupxxNQO3xl9Jw9r11O61FSIk

Did you create this presentation?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Vilawil
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July 09, 2014, 08:30:24 PM
 #9020

Guys, I don't understand why Monero has 1135 votes on Hitbtc, but it is available to exchange now. How did this happen?

That was easy. Creators of the Monero bought "the place"on the exchange for its coins
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