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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4666803 times)
David Latapie
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October 20, 2014, 05:32:33 PM
 #15821

For those who experiment crashing because RAM+swap partition is not large enough for the blockchain plus other apps, I 've written a tutorial: https://forum.monero.cc/5/support/74/increase-swap-space-for-blockchain.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
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October 20, 2014, 05:33:56 PM
 #15822

Fuck it.

WTS my Mintpal account with 5000 XMR in it.

Feel free to PM me offers.

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smooth
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October 20, 2014, 05:40:06 PM
Last edit: October 20, 2014, 09:16:41 PM by smooth
 #15823

For those who experiment crashing because RAM+swap partition is not large enough for the blockchain plus other apps, I 've written a tutorial: https://forum.monero.cc/5/support/74/increase-swap-space-for-blockchain.

I have tested using swap on Linux and it works fairly well. Other than during blockchain loads/saves, the amount of swapping is minimal (most of the blockchain is untouched most of the time, so it doesn't need to be swapped in). At the time (about a month ago) I was able to successfully use the wallet on a system with 1.5 GB of physical RAM, though it was sluggish but usable. As usage grows the minimal amount of RAM required will also likely increase, bit this is only at a rate of a few MB per day currently.

Come-In-Behind
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October 20, 2014, 05:40:28 PM
 #15824

Fuck it.

WTS my Mintpal account with 5000 XMR in it.

Feel free to PM me offers.


Pm sent.
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October 20, 2014, 07:38:14 PM
 #15825

Was XMR being traded as a pair during the short run of "v2"? If not then that's a good thing as people were duplicating coins via an exploit and I assume tons of coins were lost that way.

XMR was traded as a pair during the short run of "v2".

Hmm, but if XMR wasn't set up for any withdraws people wouldn't have been able to cash out any ill gotten XMR though, right?
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October 20, 2014, 09:39:08 PM
 #15826

Was XMR being traded as a pair during the short run of "v2"? If not then that's a good thing as people were duplicating coins via an exploit and I assume tons of coins were lost that way.

XMR was traded as a pair during the short run of "v2".

Hmm, but if XMR wasn't set up for any withdraws people wouldn't have been able to cash out any ill gotten XMR though, right?

not so sure... who knows though I guess... 

https://twitter.com/omnik/status/522165410096234496
monero (OP)
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October 20, 2014, 11:50:12 PM
 #15827

Monero Monday Missives

October 20th, 2014

Hello, and welcome to our fifteenth Monero Monday Missive!

Major Updates

1. We are saddened to hear of the implosion of Moolah and how it has hampered Monero users in their attempts to withdraw funds held on MintPal. We have actively reached out to the current management staff to try and assist them with Monero withdrawals, and at this stage we're completely unsure as to what the internal state of their system is. We hope and trust they will resolve it and all affected users will be able to withdraw, and we remain completely available to assist their staff as necessary.

2. It has been a week of fundamentals. Whilst externally visible development is fun and easy to see, there is a dire need to focus on some of the core issues that have been lagging. The longer we wait before addressing these, the harder and more expensive it will be to address them. By spending a little bit of effort now we make Monero more secure and robust for the far future!

3. Excellent progress has been made with an initial blockchain database implementation. The first implementation is using the Lightning Memory-Mapped Database, or LMDB, which is the same high-performance database used by OpenLDAP. We are hopeful that this initial release will be ready for limited testing by next week. You can read more about LMDB here: http://symas.com/mdb/ (it would appear they're in a competition with us for the best looking website of 1995). We are quite confident that this will be the most performant embedded database option for our workloads, but we will be adding additional implementations and comparing their performance going forward.

4. Extensive work is underway with the assistance of NLnet Labs (the creators of Unbound and libunbound) to correctly implement DNSSEC trust anchors in a cross-platform manner. Don't worry, you aren't expected to understand that sentence:) What this means is that it prepares us for more widespread, secure use of the OpenAlias standard. One of the key problems it solves is in allowing all Monero users to securely and safely determine whether an alias has been tampered with or not (although even insecure aliases can still receive payments as long as the sender double-checks and confirms it).

5. To build on what we mentioned last week: we are working directly with Kitware founder Bill Hoffman, along with his colleague Ben Boeckel, to bring our build system (which uses Kitware's CMake and CTest) up to scratch and ensure we are complying with Kitware's best-practices across the board. This may seem like an insignificant effort, but after the difficulties and pain-points we encountered with statically building the Monero 0.8.8.5 release we realised the need for our build environment to be reworked to conform to what Kitware recommends, especially considering the amount of poorly implemented CMake in the reference code we started with.

Dev Diary

Core: per-kb fee testing is going well on testnet, although there are some caveats we are working through.

Core: work is progressing nicely on a new feature that will allow a raw, static blockchain to be generated so that we can provide that for download instead of the serialised blockchain objects. This will mean that importing this file will take as many as several hours, but your daemon will fully verify the downloaded blockchain instead of just assuming it to be correct.

Tests: unit tests have been fixed so that they are now working, and this change is expected to be merged in the next week.

Tests: core tests are currently being worked on to bring them up to a 100% working state. The end goal of all of this is the ability to compile for release-test or debug-test, and have all tests pass, every time a new pull request is submitted.

Until next week!

- updated by fluffypony
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October 21, 2014, 12:28:31 AM
 #15828

Monero Monday Missives

October 20th, 2014

Hello, and welcome to our fifteenth Monero Monday Missive!

Major Updates

1. Noble

2. So true

3. You made a funny! Smiley

4. lolwut

5. Professional!

Until next week!

- updated by fluffypony

Bravo! Thanks for reminding me again why I stick with this coin! Keep up the good work!
binaryFate
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Still wild and free


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October 21, 2014, 12:37:20 AM
 #15829

Monero Monday Missives

October 20th, 2014

Hello, and welcome to our fifteenth Monero Monday Missive!


[...]



Thanks guys!

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
btc-mike
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October 21, 2014, 01:14:57 AM
 #15830

Why no mention of the GUI this week?

If I recall correctly, you had a working version back in August. How much more work does it need?
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October 21, 2014, 01:19:21 AM
 #15831

Fuck it.

WTS my Mintpal account with 5000 XMR in it.

Feel free to PM me offers.


Why oh why do people hold coins on an exchange?

How many GoxPals will it take before hard lessons endured by others are learned by the masses?
kingscrown
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http://fuk.io - check it out!


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October 21, 2014, 01:19:32 AM
 #15832

shame that mintpal stole alot of XMR ;x

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October 21, 2014, 01:30:02 AM
 #15833

Fuck it.

WTS my Mintpal account with 5000 XMR in it.

Feel free to PM me offers.


Why oh why do people hold coins on an exchange?

How many GoxPals will it take before hard lessons endured by others are learned by the masses?
I've heard urban legends that the masses hold coins on an exchange to perform something called "trading". Their utter stupidity is mind-blowing.
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October 21, 2014, 01:38:04 AM
 #15834

Fuck it.

WTS my Mintpal account with 5000 XMR in it.

Feel free to PM me offers.


Why oh why do people hold coins on an exchange?

How many GoxPals will it take before hard lessons endured by others are learned by the masses?
Why oh why do women dress provocatively?

How many rapes will it take before hard lessons endured by others are learned by the masses?

onetwentyfive
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October 21, 2014, 02:01:29 AM
 #15835

Fuck it.

WTS my Mintpal account with 5000 XMR in it.

Feel free to PM me offers.


Why oh why do people hold coins on an exchange?

How many GoxPals will it take before hard lessons endured by others are learned by the masses?

I pulled my XMR off Polo.. yeah probably got spooked, i know, but 6 months worth of mining is precious to me.

It's for the best anyways, any time I attempted to trade on a swing I'd get greedy and end up losing XMR lol.. saving me from myself Wink
statdude
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October 21, 2014, 02:20:33 AM
 #15836

Fuck it.

WTS my Mintpal account with 5000 XMR in it.

Feel free to PM me offers.


Why oh why do people hold coins on an exchange?

How many GoxPals will it take before hard lessons endured by others are learned by the masses?

I held coins on an exchange because monero is a bitch to store offline and I hadn't got around to messing with simplewallet, since I was repeatedly led to believe a GUI was right around the corner that could restore easily from mnemonic seed.

I was fully expecting to get scammed eventually though, thus didnt have all my XMR on any one exchange. My expectations were met..

If you had asked me in June if I expected to still have any XMR on an exchange in October, I would have said no, I'm sure there would be a noob friendly method of storage by then, although I obviously should have just bitten the bullet and opened simple wallet as I have right now, synching the blockchain.

Lesson learned: investing in speculative technology isn't worth trusting a third party.


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  Website
    Twitter
      Gitlab
      Reddit
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Whitepaper
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iCEBREAKER
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October 21, 2014, 02:43:04 AM
 #15837

I held coins on an exchange because monero is a bitch to store offline and I hadn't got around to messing with simplewallet, since I was repeatedly led to believe a GUI was right around the corner that could restore easily from mnemonic seed.

Lesson learned: investing in speculative technology isn't worth trusting a third party.

There are two GUIs available, and XMR is easy to store offline even with the CLI.  You just copy your address from wallet.bin.address and paste it into the withdrawal field on the exchange.  Then you put your wallet.bin.keys file on a couple of high quality USBs and that's it.  Oh, and remember your password.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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e-coinomist
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October 21, 2014, 04:15:51 AM
 #15838

I held coins on an exchange because monero is a bitch to store offline and I hadn't got around to messing with simplewallet, since I was repeatedly led to believe a GUI was right around the corner that could restore easily from mnemonic seed.

LOL you are funny Dude
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October 21, 2014, 05:10:20 AM
Last edit: October 21, 2014, 05:28:04 AM by Johnny Mnemonic
 #15839

There are two GUIs available, and XMR is easy to store offline even with the CLI.  You just copy your address from wallet.bin.address and paste it into the withdrawal field on the exchange.  Then you put your wallet.bin.keys file on a couple of high quality USBs and that's it.  Oh, and remember your password.

If XMR was "easy" to setup, this thread wouldn't be 829 pages long.

We all get it. Don't trust exchanges. Now everyone on BCT can stop echoing it 892345792 times. Perhaps the reason folks (myself included) keep some coins in their accounts is because they like to trade on a regular basis, especially when fleeting opportunities present themselves. I doubt it's because someone didn't tell them for the billionth time that it's a bad idea to store coins on exchanges.

Oh by the way, did you know it's a bad idea to store coins on exchanges?
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October 21, 2014, 06:15:33 AM
 #15840

Was XMR being traded as a pair during the short run of "v2"? If not then that's a good thing as people were duplicating coins via an exploit and I assume tons of coins were lost that way.

XMR was traded as a pair during the short run of "v2".

Hmm, but if XMR wasn't set up for any withdraws people wouldn't have been able to cash out any ill gotten XMR though, right?

not so sure... who knows though I guess... 

https://twitter.com/omnik/status/522165410096234496

I can not prove it but I'm sure of it... and price drop

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