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

[psterryl]

Just spotted this book titled "Anonymous Cryptocurrencies: The rise of bitcoin alternatives that offer true anonymity" at http://www.amazon.com/dp/B00KZ6WANE

Apparently it gives a favourable writeup of XMR. Seems the author know what he's talking about, I think I'll check it out. The author also has it for sale for bitcoin on his site http://willmartin.com/, as well as some interesting posts regarding anonymity and privacy.

[nikos64]

Proliferation of fora is a big pain for me personally.  I would rather see BTCT create an Other > Alternate cryptocurrencies > Monero board.

This is what I was trying to say earlier. It would send a strong message if Monero had it's own section within BCT.
Perhaps we're not ready for that yet though, there would also be strong opposition to it from some users I'm sure.

 

Maybe BCT renamed to XMRT and include a section of "all other altcoins including BTC" ?
 

[mblados]

How to Send my Monero Coins to Bittrex? Need Good Instructions. I tried but just getting Unknown Command. Thanks!

[SmoothCurves]

Hey guys! Long time lurker and first time poster. I'm a professional designer by trade and wanted to create something for the special Monero Community.

I designed a Monero Emblem that features the Monero Logo, 18 Stars (representing the total supply of Monero), and a decorative-looping halo around the emblem that represents the innovative use of Ring Signatures. The designs will only get made if we get 50 orders. So, if you're interested please check them out! I think they are classy and showcase the quality of this crypto as well as the quality of the community. If anyone would like to use this image for something please PM me and I can give you the graphic file.

Hoodie: http://teespring.com/monerosweatshirt

Tee: http://teespring.com/monerotee

I'm also working on some free Monero Wallpapers and possibly some stickers. Let me know if you'd be interested in those as well.

[smooth]

Regarding memory usage...

I have Monero running on a 64-bit Linux system with 2 GB of physical RAM. The daemon process is using about 1.25 GB. I have other applications running on the same system competing for RAM.

Syncing the node is slow and syncing the wallet is very slow, but other than that everything works fine. There is minimal swapping during normal operation (it hits the disk a bit when it processes blocks/transactions but nothing crazy). The log files don't show exceptionally high latency for processing blocks either. Overall system performance is fine.

Saving the blockchain (done every 12 hours by default I think) takes 17 minutes.

As I have guessed in the past, most of the blockchain data is untouched most of the time and can safely live in swap.

Typical output from vmstat 1:

Code:

 r  b   swpd   free   buff  cache   si   so    bi    bo   in   cs us sy id wa
 1  0 3989448  15376    656  23932    0    0     0    28   75  150  0  0 100  0
 0  0 3989448  15376    656  23940    0    0     0     0   73  141  0  0 100  0
 0  0 3989448  15376    656  23940    0    0     0    16   73  139  0  0 100  0
 0  0 3989440  15376    656  23924   88    0    88     0  132  237  4  0 89  4  <--processing a block
 0  0 3989440  15376    656  23940    0    0     0     0   92  131  0  0 100  0
 0  0 3989440  15376    656  23940    0    0     0     0   88  162  0  0 100  0
 0  0 3989440  15344    656  23940    0    0     0     0   96  175  0  0 100  0
 0  0 3989440  15344    656  23940    0    0     0    28   97  170  0  0 100  0 <- log file output being flushed to disk
 0  0 3989440  15376    664  23936    0    0     0    12   91  160  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   87  162  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   78  141  0  0 98  0
 0  0 3989440  15376    664  23940    0    0     0     0   80  163  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   65  118  0  1 99  0
 0  0 3989440  15376    664  23940    0    0     0     0   75  140  0  0 100  0
 0  0 3989440  15344    664  23940    0    0     0     0   63  120  1  0 99  0
 0  0 3989440  15344    664  23940    0    0     0     0   90  174  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   72  129  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   70  131  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   83  153  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   78  157  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   77  144  0  0 96  0
 0  0 3989440  15376    664  23940    0    0     0     0   91  167  0  0 100  0
 0  0 3989440  15344    664  23940    0    0     0     0   93  184  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   77  147  0  0 100  0
 0  0 3989440  15376    664  23940    0    0     0     0   85  160  0  0 100  0

ps:

Code:

monero   11789  3.0 73.9 4886856 1250456 pts/7 SNl+ 10:11  18:52 ./bitmonerod

[BChydro]

After updating bitmonerod and refreshing my wallet, simple wallet spammed "INVALID TRANSACTION FORMAT TRANSACTION HASH xxxxxxxxxxxxxxxxxxxxxx" hundreds of times. Are these payouts from pools that I'm losing?

[smooth]

After updating bitmonerod and refreshing my wallet, simple wallet spammed "INVALID TRANSACTION FORMAT TRANSACTION HASH xxxxxxxxxxxxxxxxxxxxxx" hundreds of times. Are these payouts from pools that I'm losing?

No that is just some transactions in the block (202612) that was part of the attack. The messages are harmless.

[BChydro]

After updating bitmonerod and refreshing my wallet, simple wallet spammed "INVALID TRANSACTION FORMAT TRANSACTION HASH xxxxxxxxxxxxxxxxxxxxxx" hundreds of times. Are these payouts from pools that I'm losing?

No that is just some transactions in the block (202612) that was part of the attack. The messages are harmless.

Thanks!

[David Latapie]

Just spotted this book titled "Anonymous Cryptocurrencies: The rise of bitcoin alternatives that offer true anonymity" at http://www.amazon.com/dp/B00KZ6WANE

Apparently it gives a favourable writeup of XMR. Seems the author know what he's talking about, I think I'll check it out. The author also has it for sale for bitcoin on his site http://willmartin.com/, as well as some interesting posts regarding anonymity and privacy.

I proofread his book, that helps . I do not know what he kept and changed from my long mail, though.

Update: I reread my mail from July - there is a lot of things about the theory behind crypto and economy that are very well-thought. I would go as far as saying that the best thing about his book is not the catalogue of cryptos but his considerations about money, privacy... making it a valuable acquisition long after 90% of the coins he is talking about will be gone. I encourage you to get a copy.

[mmortal03]

Just spotted this book titled "Anonymous Cryptocurrencies: The rise of bitcoin alternatives that offer true anonymity" at http://www.amazon.com/dp/B00KZ6WANE

Apparently it gives a favourable writeup of XMR. Seems the author know what he's talking about, I think I'll check it out. The author also has it for sale for bitcoin on his site http://willmartin.com/, as well as some interesting posts regarding anonymity and privacy.

I actually bought a copy. It just arrived in the mail today.

[coinits]

How to Send my Monero Coins to Bittrex? Need Good Instructions. I tried but just getting Unknown Command. Thanks!

transfer 1 ADDRESS QUANTITY PAYMENTID

dont forget the payment id.

Where do I get a payment id from?

[smooth]

How to Send my Monero Coins to Bittrex? Need Good Instructions. I tried but just getting Unknown Command. Thanks!

transfer 1 ADDRESS QUANTITY PAYMENTID

dont forget the payment id.

Where do I get a payment id from?

You get it from the exchange to which you are sending. It identifies you so they can credit your account. Without a valid payment ID, the exchange will receive the transfer but won't know that it's yours.

[smooth]

Regarding memory usage...

I have Monero running on a 64-bit Linux system with 2 GB of physical RAM. The daemon process is using about 1.25 GB. I have other applications running on the same system competing for RAM.

How, I have a 64-bit Linux with 4GB and bitmonerod is using over 3.5GB already

It will use what it can. Since you have more, it uses more. You can possibly play around with system parameters such as swappiness (and others) to get it to more aggressively give up RAM.

Another option would be running it in a VM with less memory allocated. My experiment shows that 2 GB should be sufficient, possibly less. However, running in a VM may be less efficient because page faults and disk accesses (for swapping) likely have more overhead.

There might be some other way to limit a particular process's access to physical RAM but I don't know it.

[Rainer4256]

Hi experts,
a few days ago I created a wallet address and used it to mine at MoneroPool.com. Unfortunately I created another wallet today (don't really know why). So every time I look up my balance, this new wallet shows up. I have my "old" wallet address, the view key and the 24-word passphrase. So how can I restore the "old" wallet or are all my mined XMRs lost? I'm using Ubuntu 14.04.

Any help is appreciated.

[smooth]

Hi experts,
a few days ago I created a wallet address and used it to mine at MoneroPool.com. Unfortunately I created another wallet today (don't really know why). So every time I look up my balance, this new wallet shows up. I have my "old" wallet address, the view key and the 24-word passphrase. So how can I restore the "old" wallet or are all my mined XMRs lost? I'm using Ubuntu 14.04.

Any help is appreciated.

If you have your 24-word seed you can definitely restore your old wallet.

First back up your new wallet to make sure you don't overwrite it or anything like that, then use the --restore-deterministic-wallet option to recreate your old wallet.

[Rainer4256]

Hi experts,
a few days ago I created a wallet address and used it to mine at MoneroPool.com. Unfortunately I created another wallet today (don't really know why). So every time I look up my balance, this new wallet shows up. I have my "old" wallet address, the view key and the 24-word passphrase. So how can I restore the "old" wallet or are all my mined XMRs lost? I'm using Ubuntu 14.04.

Any help is appreciated.

If you have your 24-word seed you can definitely restore your old wallet.

First back up your new wallet to make sure you don't overwrite it or anything like that, then use the --restore-deterministic-wallet option to recreate your old wallet.

You saved my day! 

Now I understand how this thing is working, although I was a little bit confused when it asked me for the Electrum seed. Then I realized that it wanted the pass phrase. Not sure what XMR has to do with Electrum. I always thought it is a BTC wallet.

However, thanks a lot for your help!

[smooth]

Hi experts,
a few days ago I created a wallet address and used it to mine at MoneroPool.com. Unfortunately I created another wallet today (don't really know why). So every time I look up my balance, this new wallet shows up. I have my "old" wallet address, the view key and the 24-word passphrase. So how can I restore the "old" wallet or are all my mined XMRs lost? I'm using Ubuntu 14.04.

Any help is appreciated.

If you have your 24-word seed you can definitely restore your old wallet.

First back up your new wallet to make sure you don't overwrite it or anything like that, then use the --restore-deterministic-wallet option to recreate your old wallet.

You saved my day! 

Now I understand how this thing is working, although I was a little bit confused when it asked me for the Electrum seed. Then I realized that it wanted the pass phrase. Not sure what XMR has to do with Electrum. I always thought it is a BTC wallet.

However, thanks a lot for your help!

Electrum created the seed method in their BTC wallet. We're using the same method to restore Monero wallets.

Glad this worked out for you!

[generalt]

How to Send my Monero Coins to Bittrex? Need Good Instructions. I tried but just getting Unknown Command. Thanks!

In Bittrex you have to go to your XMR wallet and create a payment ID.  Once you have that payment ID + the Bittrex wallet (base address) you can do the transfer.  The command from simplewallet would be:

transfer 0 Base_Addresss amount Payment_Id

[marcoman22]

Regarding memory usage...

I have Monero running on a 64-bit Linux system with 2 GB of physical RAM. The daemon process is using about 1.25 GB. I have other applications running on the same system competing for RAM.

How, I have a 64-bit Linux with 4GB and bitmonerod is using over 3.5GB already

even though you have suppose 8gb it will use 7gb so no need to worry.

[RonMank]

Thx for the updates