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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4531000 times)
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November 10, 2014, 12:17:20 AM
 #16841

Can you estimate how much of the network hashrate is made by botnets?

Not with any real confidence, and anyone who claims they can is mistaken or (more likely) lying to you with an agenda (could be for or against Monero).

My opinion is that it is pretty significant, but not as much as some claim ("all botnets"). But I will be the first to tell you that I really have no idea and I'm just guessing. That is all you can do in a decentralized network where miners come and go independently.

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November 10, 2014, 12:24:23 AM
 #16842

Its completely tieing up my network. My average download is 1.8 MB/s for hours (even after the bloackchain is caught up) and the upload isn't looking good either.
This is ridiculous.  Roll Eyes I could stream Full HD movies all day and not use this much bandwidth...

I seriously doubt this is happening after your blockchain is caught up. Most likely something else on your computer is using the bandwidth (maybe a background update downloader). Otherwise something is wrong with your node and we would appreciate your help in debugging it by turning on logging and uploading your log files somewhere.

But most likely it is just not the case. Download bandwidth can be high during syncing and upload bandwidth can be high any time you are providing blocks to someone else who is syncing (usually this happens the most during periods of rapid network growth, so not so much recently). Otherwise I see almost no bandwidth usage on my nodes.
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November 10, 2014, 03:11:49 AM
 #16843

Can you estimate how much of the network hashrate is made by botnets?


1.58KB

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November 10, 2014, 07:12:03 AM
 #16844

i find this event quite bullish for xmr... truly a good opportunity for this coin to step up in areas where people might finally realize importance of privacy and witness how easy NSA or governments can confiscate your wealth under pretext of all kinds of bullshit: terrorism, drugs and etc... and i'm not advocating drugs or some other destructive uses but looking at other possibilities like being able to hedge and move or store wealth wherever i am. Case in point: Russia banning foreign currencies and things like that..   

Wisdom from cAPSLOCK here:
Quote
It would be foolish not to consider the competitive danger of an "anonymous" cryptocurrency with both a network effect advantage as well as a sable codebase, a working disk based database and a user friendly front end at a time when dark markets are learning they are once again vulnerable because of public blockchains.

100% true.  The NSA et all were momentarily confused by the tech behind Bitcoin, but that moment is way past over.

I am not condoning the dark markets in any way, shape, or form..but XMR has a unique opportunity to be "that coin" due to the legitimacy of  its devs.
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November 10, 2014, 03:52:21 PM
 #16845

I am very much looking forward to M3 #18. Especially keen to see the (lower) per-kb transaction fees, as this should encourage greater trading volume/liquidity.

Further news on LMDB progress would be a bonus.  Smiley
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November 10, 2014, 03:58:42 PM
 #16846

I am very much looking forward to M3 #18. Especially keen to see the (lower) per-kb transaction fees, as this should encourage greater trading volume/liquidity.

Further news on LMDB progress would be a bonus.  Smiley

The DB works, you can compile the branch and play with it. I'm pretty sure the one below is the correct branch (I haven't been working personally on it).

https://github.com/tewinget/bitmonero/tree/blockchain

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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November 10, 2014, 04:07:22 PM
 #16847

The DB works, you can compile the branch and play with it. I'm pretty sure the one below is the correct branch (I haven't been working personally on it).

https://github.com/tewinget/bitmonero/tree/blockchain

Great. These are two foundation stones for building broader adoption IMHO. Efficiency (in terms of resources and costs) first, then usability.
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November 10, 2014, 04:12:04 PM
 #16848

You can't expect the raise of public usage unless you show people the official GUI. I don't know why is it so late, more than 6 months passed.
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November 10, 2014, 04:22:14 PM
 #16849

You can't expect the raise of public usage unless you show people the official GUI. I don't know why is it so late, more than 6 months passed.

We're working on making the software more functional for payment processors and web wallets rather than concentrating on a GUI for the wallet that is attached to the daemon. The vast majority of Bitcoin users do not use full nodes anymore. In fact, only about 700 full nodes even exist on the Bitcoin network anymore.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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November 10, 2014, 04:52:24 PM
 #16850

You can't expect the raise of public usage unless you show people the official GUI. I don't know why is it so late, more than 6 months passed.

We're working on making the software more functional for payment processors and web wallets rather than concentrating on a GUI for the wallet that is attached to the daemon. The vast majority of Bitcoin users do not use full nodes anymore. In fact, only about 700 full nodes even exist on the Bitcoin network anymore.

https://getaddr.bitnodes.io/
http://bitcoinstatus.rowit.co.uk/

^ 7000.... you shocked me Wink

transfer 3 onemorebtc.k1024.de 1
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November 10, 2014, 05:06:17 PM
 #16851

We are waiting official GUI to publish our works and start donation fund.

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.......FACEBOOK     TELEGRAM.......
...MEDIUM    TWITTER     GITHUB....

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November 10, 2014, 05:07:41 PM
 #16852

You can't expect the raise of public usage unless you show people the official GUI. I don't know why is it so late, more than 6 months passed.

We're working on making the software more functional for payment processors and web wallets rather than concentrating on a GUI for the wallet that is attached to the daemon. The vast majority of Bitcoin users do not use full nodes anymore. In fact, only about 700 full nodes even exist on the Bitcoin network anymore.

https://getaddr.bitnodes.io/
http://bitcoinstatus.rowit.co.uk/

^ 7000.... you shocked me Wink

Yeah, missed a 0, but the listening hosts are lower (~3-4k).

And, with the current number of tx on the network per day, obviously we have more than this many people making transactions.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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November 10, 2014, 05:33:19 PM
 #16853

You can't expect the raise of public usage unless you show people the official GUI. I don't know why is it so late, more than 6 months passed.

We're working on making the software more functional for payment processors and web wallets rather than concentrating on a GUI for the wallet that is attached to the daemon. The vast majority of Bitcoin users do not use full nodes anymore. In fact, only about 700 full nodes even exist on the Bitcoin network anymore.

700  Shocked

that is shockingly low!

edit: ok, saw your post above Tongue

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
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November 10, 2014, 05:43:48 PM
 #16854

I think I overbuy Monero for under 0.002. I hope price will go back to 0.01 btc again.
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November 10, 2014, 05:46:31 PM
 #16855

You can't expect the raise of public usage unless you show people the official GUI. I don't know why is it so late, more than 6 months passed.

We're working on making the software more functional for payment processors and web wallets rather than concentrating on a GUI for the wallet that is attached to the daemon. The vast majority of Bitcoin users do not use full nodes anymore. In fact, only about 700 full nodes even exist on the Bitcoin network anymore.

Does this apply to making lightweight wallets as well? In that case I agree with your points, but still it would be nice to release the GUI asap, since it´s a great aspect of marketing.  

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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November 10, 2014, 05:51:04 PM
 #16856

I think I overbuy Monero for under 0.002. I hope price will go back to 0.01 btc again.

would be nice, but will take a while.

If we manage to get to the 0.003-0.004 region again, that would be a nice start Smiley

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
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November 10, 2014, 05:56:51 PM
 #16857

The Russians need Monero Wink

https://www.cryptocoinsnews.com/russian-rubles-depreciation-trigger-bitcoin-run/

If you don't know where you're going any road will get you there
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November 10, 2014, 05:59:16 PM
 #16858

You can't expect the raise of public usage unless you show people the official GUI. I don't know why is it so late, more than 6 months passed.

Rome > Day

Anonymous decentralized ledger system > 6 months

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November 10, 2014, 06:22:51 PM
 #16859


OMG the ruble has shed 25% of its value in 2014 alone
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November 10, 2014, 06:30:53 PM
 #16860


Actually, we need the I2P integration, Monero is very interesting, I risk to say its the most privacy enhancing cryptocurrency ever created, this cryptonote is a real gem.

Very glad to be onboard.
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