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

[fluffypony]

Could you list the forum id of core team members?

It's in the OP and in the first Monero Missive: (in no particular order) - tacotime, eizh, smooth, fluffypony, othe, davidlatapie, NoodleDoodle

[psterryl]

i dont care about the coins, u can keep them
when this tx failed issue hitted it prevented me doing any transactions: i had my "full" balance" and i was not able to get any coin out.
i had to play long time to move any coins out, doing same transfer again and again like 100 times to get not tx failed
i dont mean dust here. i was struggling with all the coins i got out, it was not easy, not just the remain 1.6, they are heavy  stuck
 

It's because your balance was made up of lots of small transactions coming in, so when you tried to send it out, the tx size was too big and the withdrawal failed.

Think of it this way, you have a friend who is going to give you 10kg of weight with his bare hands. Imagine he gives you one 10kg metal block. This is easy to hold and move around because it's just one big lump (one transaction).

Now imagine he tries to give you 10kg of fine sand (e.g lots of little bits that together make up 10kg). You can't hold this in your hand or move it around very easily. You can only move as much of this sand as you can fit into your hands at once, so it takes you many handfuls to move the 10kg (many transactions). Does that make sense?

[shinjikenny123]

Wow mintpal! What a cheater.... dropped at 0.00250004 and my order is just at 0.00250003 

[fluffypony]

i dont care about the coins, u can keep them
when this tx failed issue hitted it prevented me doing any transactions: i had my "full" balance" and i was not able to get any coin out.
i had to play long time to move any coins out, doing same transfer again and again like 100 times to get not tx failed
i dont mean dust here. i was struggling with all the coins i got out, it was not easy, not just the remain 1.6, they are heavy  stuck
 

It's because your balance was made up of lots of small transactions coming in, so when you tried to send it out, the tx size was too big and the withdrawal failed.

Think of it this way, you have a friend who is going to give you 10kg of weight with his bare hands. Imagine he gives you one 10kg metal block. This is easy to hold and move around because it's just one big lump (one transaction).

Now imagine he tries to give you 10kg of fine sand (e.g lots of little bits that together make up 10kg). You can't hold this in your hand or move it around very easily. You can only move as much of this sand as you can fit into your hands at once, so it takes you many handfuls to move the 10kg (many transactions). Does that make sense?

yes, if i see tx size error message, but i did not..

i got only error message like : tx failed, key images allready used

Then it means you've already tried to create a transaction with the utxo's. They'll fall out the mempool within 24 hours, and you can rebuild the wallet cache to give you access to the utxo's again.

[fluffypony]

tried.. was no help
its been more than 24h now, like a week

im tired of playin so small coins out.
thas why i gave the wallet to u if it can help the coin anyway to solve this

Ok - we'll investigate it and see what's potting. In the interim, let me know if you need me to send the 1.6 XMR to you from my wallet so that you have it.

[cisahasa]

tried.. was no help
its been more than 24h now, like a week

im tired of playin so small coins out.
thas why i gave the wallet to u if it can help the coin anyway to solve this

Ok - we'll investigate it and see what's potting. In the interim, let me know if you need me to send the 1.6 XMR to you from my wallet so that you have it.

keep the coins..
i would like to hear from u later(PM) what was the matter with the stuck coins

[florida.haunted]

Thus far we have received well under 1 BTC in donations, a trivial amount. That means that all of our time and energy and effort is completely self-funded.

We are not sitting on mountains of XMR, this is a cryptocurrency that had an absolutely 100% fair launch. Given the current size of the cryptocurrency market I would argue that it had an even fairer launch than Bitcoin, because tons of people jumped on and mined it from day 1. We had no opportunity to amass any sizeable amount of XMR. Thus, our entire effort is a labour of love and completely because we want to see XMR become useful. If we get no donations, we are unable to spend large amounts of time on it, and we will have to peck away at it in our spare time. If you want to see less "sluggishness" (i.e. more time allocated), then donate. If you haven't donated you have absolutely no room to manoeuvre in this discussion.

fluffypony, I wait to attract to Monero, a friend of mine, person of consequence in info business. The one bit keeping me waiting is your unsociability to our society. But now I see this is just psychologic issue, not political one. So I will resume actions I planned.

***
Meanwhile, all the monero nation! Let us donate to Monero dev team! Call to do that all the pool operators, exchange owners, etc.!!!
It's our shame, that Monero's daily volume is the biggest among exchanges, but dev team received just under 1 BTC!
***

[Rias]

Difficulty is already adjusted for different block time, so no need to discount on it. This makes XMR a more profitable target for botnet owners. And yesterday when I did the same calculations, XMR price was higher, BCN difficulty 20M lower. That is why it was 10% higher for XMR.

No you have that exactly wrong. Difficulty tells you how many hashes you have to do (on average) for each block (not per day -- your formula is fundamentally incorrect).

Go back and recalculate with difficulty correctly applied per block and you will get different (correct) results.

Ok, let's do it again:

Block reward:
BCN: 110,000
XMR: 15.6

Difficulty:
BCN: 114,000,000
XMR: 800,000,000

Price:
BCN: 0.00000008
XMR: 0.00294


Block reward adjusted for difficulty = (Block reward / Difficulty) * Price
BCN: 0.0000000000771929824561
XMR: 0.0000000000573300000000

Blocks per day:
BCN: 720
XMR: 1440

Daily emission adjusted for difficulty = block reward adjusted for difficulty * blocks per day:
BCN: 0.0000000555789   
XMR: 0.0000000825552

Again, XMR is way more profitable for botnet owners and that is exactly what I've been trying to tell you with the previous calcs, but they were inaccurate as I've taken rough daily emission and might have made a mistake with the estimate.

[shinjikenny123]

Could anyone tell me how to check my monero address on the blockchain explorer?
I sent 1xmr to poloniex, how do I check it? I checked the xmr address at minergate.com, it says hash not found.
How long does it take to transfer xmr?

[dreamspark]

Could anyone tell me how to check my monero address on the blockchain explorer?
I sent 1xmr to poloniex, how do I check it? I checked the xmr address at minergate.com, it says hash not found.
How long does it take to transfer xmr?

Monero addresses dont work the same way as Bitcoin, you cant search by address using those block explorers for this reason.

Shouldnt take more than 20 mins depending on the confirmation count on their end. 

[florida.haunted]

Could anyone tell me how to check my monero address on the blockchain explorer?
I sent 1xmr to poloniex, how do I check it? I checked the xmr address at minergate.com, it says hash not found.
How long does it take to transfer xmr?

Possibly you forgot payment id. Check our new FAQ thread, whether answer is there, if not, post the question.

https://bitcointalk.org/index.php?topic=686086.msg7784707#msg7784707

[psterryl]

Difficulty is already adjusted for different block time, so no need to discount on it. This makes XMR a more profitable target for botnet owners. And yesterday when I did the same calculations, XMR price was higher, BCN difficulty 20M lower. That is why it was 10% higher for XMR.

No you have that exactly wrong. Difficulty tells you how many hashes you have to do (on average) for each block (not per day -- your formula is fundamentally incorrect).

Go back and recalculate with difficulty correctly applied per block and you will get different (correct) results.

Ok, let's do it again:

Block reward:
BCN: 110,000
XMR: 15.6

Difficulty:
BCN: 114,000,000
XMR: 800,000,000

Price:
BCN: 0.00000008
XMR: 0.00294


Block reward adjusted for difficulty = (Block reward / Difficulty) * Price
BCN: 0.0000000000771929824561
XMR: 0.0000000000573300000000

Blocks per day:
BCN: 720
XMR: 1440

Daily emission adjusted for difficulty = block reward adjusted for difficulty * blocks per day:
BCN: 0.0000000555789   
XMR: 0.0000000825552

Again, XMR is way more profitable for botnet owners and that is exactly what I've been trying to tell you with the previous calcs, but they were inaccurate as I've taken rough daily emission and might have made a mistake with the estimate.

I did some quick calculations earlier and also saw that BCN is more profitable.

My formula is [your HR]/[network HR]*[blocks per day]*[block reward]*[price in BTC]

This will give you BTC/day for your crypto of choice. When I did my calculations earlier I was getting ~20% more BTC/day for BCN vs XMR for the same hashrate.

[psterryl]

Thus far we have received well under 1 BTC in donations, a trivial amount. That means that all of our time and energy and effort is completely self-funded.

We are not sitting on mountains of XMR, this is a cryptocurrency that had an absolutely 100% fair launch. Given the current size of the cryptocurrency market I would argue that it had an even fairer launch than Bitcoin, because tons of people jumped on and mined it from day 1. We had no opportunity to amass any sizeable amount of XMR. Thus, our entire effort is a labour of love and completely because we want to see XMR become useful. If we get no donations, we are unable to spend large amounts of time on it, and we will have to peck away at it in our spare time. If you want to see less "sluggishness" (i.e. more time allocated), then donate. If you haven't donated you have absolutely no room to manoeuvre in this discussion.

***
Meanwhile, all the monero nation! Let us donate to Monero dev team! Call to do that all the pool operators, exchange owners, etc.!!!
It's our shame, that Monero's daily volume is the biggest among exchanges, but dev team received just under 1 BTC!
***

I agree! Fluffypony - what are the BTC/MRO donation addresses for the dev team? They're not in the OP (maybe consider adding them?). My bad, they are in OP and I didn't notice.

I'll try to get a donation drive going on reddit and contribute what I can myself.

[equipoise]

^They are in the OP

[fluffypony]

I agree! Fluffypony - what are the BTC/MRO donation addresses for the dev team? They're not in the OP (maybe consider adding them?). My bad, they are in OP and I didn't notice.

I'll try to get a donation drive going on reddit and contribute what I can myself.

They're in the OP in this section:

Donations for general development

XMR:

Code:

46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em

viewkey: e422831985c9205238ef84daf6805526c14d96fd7b059fe68c7ab98e495e5703

BTC:

Code:

1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb

[argentinx]

calc xmr for 1000hash
0,0029*(15,6*(1/(802380253/1000/60/60/24)))
calc bcn for 1000hash
0,00000008*(102599*(1/(120000000/1000/60/60/24)))
bcn is more profitable

[shinjikenny123]

I did include the payment id.
Mintpal says successful:


My poloniex account still hasn't receive the 1xmr I sent.
Deposit address: 47sghzufGhJJDQEbScMCwVBimTuq6L5JiRixD8VeGbpjCTA12noXmi4ZyBZLc99e66NtnKff34fHsGR oyZk3ES1s1V4QVcB
Payment ID: 57e90967b8579140d91074bb6ca64e6f0d3e6a11e822a575a91c884e6972876d


I checked 57e90967b8579140d91074bb6ca64e6f0d3e6a11e822a575a91c884e6972876d at http://monerochain.info/
and I see "Amount (XMR)   9.990000000000".. Is that my XMR account balance? I never sent anything yet except for the 1xmr I sent a while ago

[psterryl]

Yeah I'm half asleep and somehow missed the donation section. I also referred to MRO rather than XMR..

[Shrikez]

snip

***
Meanwhile, all the monero nation! Let us donate to Monero dev team! Call to do that all the pool operators, exchange owners, etc.!!!
It's our shame, that Monero's daily volume is the biggest among exchanges, but dev team received just under 1 BTC!
***

You are perfectly right, it's a shame.

Just donated 25 XMR and will add more as my holdings grow.

Come on fellow hodlers, you know it's a good investment!

[Rias]

Difficulty is already adjusted for different block time, so no need to discount on it. This makes XMR a more profitable target for botnet owners. And yesterday when I did the same calculations, XMR price was higher, BCN difficulty 20M lower. That is why it was 10% higher for XMR.

No you have that exactly wrong. Difficulty tells you how many hashes you have to do (on average) for each block (not per day -- your formula is fundamentally incorrect).

Go back and recalculate with difficulty correctly applied per block and you will get different (correct) results.

Ok, let's do it again:

Block reward:
BCN: 110,000
XMR: 15.6

Difficulty:
BCN: 114,000,000
XMR: 800,000,000

Price:
BCN: 0.00000008
XMR: 0.00294


Block reward adjusted for difficulty = (Block reward / Difficulty) * Price
BCN: 0.0000000000771929824561
XMR: 0.0000000000573300000000

Blocks per day:
BCN: 720
XMR: 1440

Daily emission adjusted for difficulty = block reward adjusted for difficulty * blocks per day:
BCN: 0.0000000555789   
XMR: 0.0000000825552

Again, XMR is way more profitable for botnet owners and that is exactly what I've been trying to tell you with the previous calcs, but they were inaccurate as I've taken rough daily emission and might have made a mistake with the estimate.

I did some quick calculations earlier and also saw that BCN is more profitable.

My formula is [your HR]/[network HR]*[blocks per day]*[block reward]*[price in BTC]

This will give you BTC/day for your crypto of choice. When I did my calculations earlier I was getting ~20% more BTC/day for BCN vs XMR for the same hashrate.

Ok, maybe I fucked up somewhere. Under your calculations (and assuming you have 1 hash/s) BCN is more profitable than XMR:

BCN: 0.0000068129
XMR: 0.0000049657

However, if you move even a 700 KH/s botnet from XMR to BCN it starts to be unprofitable, which is why there might be no botnets in BCN:

BCN': 0.0000038871   
XMR: 0.0000039786

And don't forget that XMR emits 66 BTC per day, while BCN only has 6 BCN emission volume per day (based on current prices). It's more sensible for large botnets to fight for a larger pie.