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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4560231 times)
papa_lazzarou
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November 14, 2014, 11:14:09 PM
 #16881

Feedbacks (both negative and positive) welcomed!

Hi,

The blockchain converter worked fine for me (at least the first 18k blocks). But it was taking ages on my (low end) laptop so I went with osensei's link.

I'm now running a monero node using less than 512MB of RAM. Grin
Beware, because soon you will not be able to run it.
You'll need 4GB of ram and some Dual-core processor (at least).
Also, SSD hard drive is a good option to have, as it will speed up the process.

Thanks but you misunderstood me. With the DB the daemon is using under half a giga of RAM.

|| Monero Blocks - The Monero Block Explorerdonate.moneroblocks.info ||
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mmmaybe
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November 15, 2014, 03:30:51 AM
 #16882

Great work with the DB guys, thanks a lot!  Smiley

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November 15, 2014, 04:48:23 AM
 #16883

Hey guys.
I'm a XMR long-term hodler.
Bought my first XMR before RP even Tongue

I really love the community and quality of people that are backing monero.
Just wanted to ask a few questions.

Can someone compare bitcoindark against monero for me?
Bitcoindark claim some kind of 'teleportation' technology that doesn't make much sense for me at the moment.

Can anonymous technologies (zero knowledge proofs or darkcoin's mixing or monero's ring signatures) be implemented usefully in bitcoin sidechains? Or would that compromise the anonymity? Do they need their own blockchain?

I understand that the monero community believes ring signatures to be the best form of anonymity technology at present. Will will be able to overcome the problems of blockchain bloat? Does boolberrys' trimming and discarding of information to deal with this ruin the anonymity?

I also dislike the current website's design haha. This currency is all about the technology and has no marketing/hype; leading to a higher chance of being undervalued.

Keep up the good work guys.

onemorebtc
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November 15, 2014, 10:56:04 AM
 #16884


Can anonymous technologies (zero knowledge proofs or darkcoin's mixing or monero's ring signatures) be implemented usefully in bitcoin sidechains? Or would that compromise the anonymity? Do they need their own blockchain?

they can, but that would reduce the anonymity set and everybody could see that you've explicity put some coins in that anon chain and got them back - probably the same amounts.

I understand that the monero community believes ring signatures to be the best form of anonymity technology at present. Will will be able to overcome the problems of blockchain bloat? Does boolberrys' trimming and discarding of information to deal with this ruin the anonymity?

blockchain bloat is not a problem with monero... its a bigger than btc, yes. but dont forget how much a terybyte drive costs these days... and many households have 100mbit inernet connection.

as smooth said bbr trimming has its own problem. if i did understand him right its no longer possible for them to track every coin back to its mined block.

personally i think zerocoin/zerocash will have the best anonymity: if they ever manage to get it to work in a trustless and bloatless way (oh boy THEY have a bloated chain).

but atm cn-coins seems to be the only available anonymity coins


I also dislike the current website's design haha. This currency is all about the technology and has no marketing/hype; leading to a higher chance of being undervalued.


one of the main reasons i like monero...
its just not finished yet and there is a big opportunity as soon as marketing starts... i'd say thats what most speculators want...


Keep up the good work guys.



also from me Wink

transfer 3 onemorebtc.k1024.de 1
papa_lazzarou
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November 15, 2014, 10:57:01 AM
 #16885

Just to bump something I think many of us missed here:
Unique Ring Signatures

|| Monero Blocks - The Monero Block Explorerdonate.moneroblocks.info ||
generalizethis
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November 15, 2014, 11:25:56 AM
 #16886

Just to bump something I think many of us missed here:
Unique Ring Signatures

OOOOOOOO! --  Shocked

silencesilence
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November 15, 2014, 01:56:54 PM
 #16887

Monero will have less coins from Litecoin
do you think we'll get much higher price than Litecoin
theoretically this should happen, but if it would work
I would be a curious what suggestions would you give for XMR/BTC price
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November 15, 2014, 03:10:58 PM
 #16888

long time no see Smiley It's a bit sad and surprised in me to see the price this low.

btw when will the DB blockchain be available on main network ?
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November 15, 2014, 03:29:57 PM
 #16889

Monero will have less coins from Litecoin
do you think we'll get much higher price than Litecoin
theoretically this should happen, but if it would work
I would be a curious what suggestions would you give for XMR/BTC price

What about all the coins in between?  One step at a time.  Litecoin's value is irrelevant.
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November 15, 2014, 03:41:55 PM
 #16890

Monero will have less coins from Litecoin
do you think we'll get much higher price than Litecoin
theoretically this should happen, but if it would work
I would be a curious what suggestions would you give for XMR/BTC price

Litecoin's value is irrelevant.

I do not agree!
many people currently invest only in BTC and LTC / I have ones friends /

Imagine if all that invest in LTC, start investing in the Monero .... from there can come a lot of money in the XMR economy

LTC Volume for 24h  $ 4,385,550
XMR Volume for 24h $ 38,458    

http://coinmarketcap.com/
griffinriz
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November 15, 2014, 03:44:07 PM
 #16891

I do not agree!
many people currently invest only in BTC and LTC / I have ones friends /

Imagine if all that invest in LTC, start investing in the Monero .... from there can come a lot of money in the XMR economy

LTC Volume for 24h  $ 4,385,550
XMR Volume for 24h $ 38,458    

http://coinmarketcap.com/


IMO a lot of average people will invest after the GUI wallet release.
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November 15, 2014, 03:59:46 PM
 #16892

LTC volume come mainly from Chinese exchanges where people keep buying/selling the same amount of coin many times a day.
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November 15, 2014, 04:01:45 PM
 #16893

LTC volume come mainly from Chinese exchanges where people keep buying/selling the same amount of coin many times a day.

without any trading fee?
bclcjunkie
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November 15, 2014, 04:40:37 PM
 #16894

yes 0 fees allow you to take funds from your left pocket,put them into your right pocket and vice versa, what's the point you may ask? well you get to buy your own orders with minimal cost thereby manipulating prices, of course you risk losing some along the way but potential profit from pump and dump while making a killing on margin trading is pretty significant. ltc has a community and that's what holds it together at the moment, other than faster confirmation it doesn't have much flavor to it. but monero is absolutely different animal altogether that many have yet to see its true potential. it's true this coin lacks marketing and fancy gui, but those are easy to implement once you establish solid engine that will last lifetime in the long run rather than rush with fancy stuff and burn out too soon and lose trust for good.

LTC volume come mainly from Chinese exchanges where people keep buying/selling the same amount of coin many times a day.

without any trading fee?
pönde
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November 15, 2014, 05:31:28 PM
 #16895

What about the GUI-wallet for Monero?
Linux?, Win? Mac? Is there already available? If not, when there will be?

I know developing is slow, but if we do not horry, some other coin with similar or better features with GUI-wallet may replace monero.
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November 15, 2014, 06:06:35 PM
 #16896

What about the GUI-wallet for Monero?
Linux?, Win? Mac? Is there already available? If not, when there will be?

I know developing is slow, but if we do not horry, some other coin with similar or better features with GUI-wallet may replace monero.

There is currently no GUI wallet for Monero, but they are in development and look quite nice on top of that. Monero is a great cryptonote coin and I'm not currently worried about another altcoin replacing it. The fact that there is no user friendly wallet to use should make you realize how early to the game we are, accumulate while you can.


By the way: I'm for hire. If you have a smallish job I'm looking for work in increments of 25-50 Monero Smiley


I'm also willing to sell stuff for Monero (I know right now there is essentially little to no direct market for it). So let me know what you guys want for Monero and I'll see what I can do Smiley

Monero - Truly Anonymous Digital Cash. Bitcoin Reading List 2017
pönde
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November 15, 2014, 06:49:51 PM
 #16897

The fact that there is no user friendly wallet to use should make you realize how early to the game we are, accumulate while you can.

Yes. I do understand.

I am anyway unable to run any Monero-wallet properly, so I has to store my coins in an exhance. That is a risk. I am willing to buy more monero, but just after I am able to store them safely to my own GUI-wallet and/or parer wallet. Does anyone have any knowledge when Monero GUI-wallet will be available? Specially for linux?

Two months ago it was told to be few weeks ahead. What about now?
Jungian
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November 15, 2014, 07:06:33 PM
 #16898

The fact that there is no user friendly wallet to use should make you realize how early to the game we are, accumulate while you can.

Yes. I do understand.

I am anyway unable to run any Monero-wallet properly, so I has to store my coins in an exhance. That is a risk. I am willing to buy more monero, but just after I am able to store them safely to my own GUI-wallet and/or parer wallet. Does anyone have any knowledge when Monero GUI-wallet will be available? Specially for linux?

Two months ago it was told to be few weeks ahead. What about now?

Why not just run simplewallet, create an address, store the seed and wallet file and throw it all away until we get a GUI?

That should be simple enugh

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
sammy007
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November 15, 2014, 07:10:53 PM
 #16899

The fact that there is no user friendly wallet to use should make you realize how early to the game we are, accumulate while you can.

Yes. I do understand.

I am anyway unable to run any Monero-wallet properly, so I has to store my coins in an exhance. That is a risk. I am willing to buy more monero, but just after I am able to store them safely to my own GUI-wallet and/or parer wallet. Does anyone have any knowledge when Monero GUI-wallet will be available? Specially for linux?

Two months ago it was told to be few weeks ahead. What about now?

Without blockchain database GUI wallet does not make much sense. Good job done on database implementation. We all just have to be patient. I am waiting for GUI too, but I am very happy that core devs were busy fixing security and implementing essentials instead.
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November 15, 2014, 07:47:17 PM
 #16900

The fact that there is no user friendly wallet to use should make you realize how early to the game we are, accumulate while you can.

Yes. I do understand.

I am anyway unable to run any Monero-wallet properly, so I has to store my coins in an exhance. That is a risk. I am willing to buy more monero, but just after I am able to store them safely to my own GUI-wallet and/or parer wallet. Does anyone have any knowledge when Monero GUI-wallet will be available? Specially for linux?

Two months ago it was told to be few weeks ahead. What about now?

I am just going to leave this conversation here (note: tacotime is a core dev). Sammy007 makes valid arguments as well.

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.  

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.  

Yes. We're trying to get the framework in place to do SPV-style clients like Electrum, so Windows users won't have to sync the blockchain, etc.

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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