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

[silencesilence]

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]

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.

[uvt9]

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

[griffinriz]

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]

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]

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.

[lyth0s]

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

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

[pönde]

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]

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

[sammy007]

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.

[dEBRUYNE]

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.

[fuze0000]

This is probably the most technical Cryptocurrency forum out there! 

[dEBRUYNE]

For everyone trading on HitBtc, please be cautious:

http://www.reddit.com/r/BitcoinMarkets/comments/2m6rp7/hitbtc_about_to_go_mt_gox/

i think lightweight wallets are key for future adoption, so i happy happy the dev team sets its focus there.
i feel that many people interested in anon coin right now get sucked into dark since they have massive PR.

@pönde: did you really try ? how can we help you? making paper wallet for xmr is very very easy.

I agree that DRK's marketing is a lot better than ours, but we should wait with heavy marketing till all key features are completed (GUI,DB). Advertising XMR in it's current state will only generate a contradictory effect than what we desire.

@ponde: Maybe you should ask for help on the irc channel. Joining it is fairly easy, go to http://webchat.freenode.net/, set your name, set the channel to monero and connect. If you are in the channel, just state your question(s) and someone will help you for sure.

[raindex]

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.

Can anyone tell what's the size of the resulting database file?

[osensei]

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.

Can anyone tell what's the size of the resulting database file?

Yup, around 4.3 GB.

[raindex]

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.

Can anyone tell what's the size of the resulting database file?

Yup, around 4.3 GB.

Yay!!! My computer is usable again! 
Though the resident size of my bitmonerod is now 1.4GB, not "less than 512MB", as reported by papa_lazzarou.

[fluffypony]

Yay!!! My computer is usable again! 
Though the resident size of my bitmonerod is now 1.4GB, not "less than 512MB", as reported by papa_lazzarou.

Physical or virtual? During a sync from scratch lmdb can request as much as 8gb, but it's all virtual. I've seen well under 100mb of physical RAM in use once it's synced up.

[raindex]

Yay!!! My computer is usable again! 
Though the resident size of my bitmonerod is now 1.4GB, not "less than 512MB", as reported by papa_lazzarou.

Physical or virtual? During a sync from scratch lmdb can request as much as 8gb, but it's all virtual. I've seen well under 100mb of physical RAM in use once it's synced up.

Resident size is what listed as RSS by ps, RES by top or RSIZE by atop. That was after blockchain conversion, few minutes after the daemon finished catching up again. Right now it's dropped to 222.4MB!

[raindex]

Physical or virtual? During a sync from scratch lmdb can request as much as 8gb, but it's all virtual. I've seen well under 100mb of physical RAM in use once it's synced up.

Resident size is what listed as RSS by ps, RES by top or RSIZE by atop. That was after blockchain conversion, few minutes after the daemon finished catching up again. Right now it's dropped to 222.4MB!

It seems like the daemon is hanging. Sitting at 100% CPU. Responds to console commands until you type "diff", at which point console stop responding to commands. simplewallet can connect, but can't retrieve anything. Here is the stack trace:

Code:

(gdb) bt
#0  0x00000034e540bca0 in pthread_cond_wait@@GLIBC_2.3.2 ()
   from /lib64/libpthread.so.0
#1  0x00000000006565bb in boost::condition_variable::wait(boost::unique_lock<boost::mutex>&) ()
#2  0x00007fed2fe58eb4 in boost::thread::join_noexcept() ()
   from /usr/local/lib/libboost_thread.so.1.55.0
#3  0x0000000000663597 in nodetool::node_server<cryptonote::t_cryptonote_protocol_handler<cryptonote::core> >::run() [clone .local.2695] ()
#4  0x00000000005c71af in main ()
(gdb) 

[raindex]

Physical or virtual? During a sync from scratch lmdb can request as much as 8gb, but it's all virtual. I've seen well under 100mb of physical RAM in use once it's synced up.

Resident size is what listed as RSS by ps, RES by top or RSIZE by atop. That was after blockchain conversion, few minutes after the daemon finished catching up again. Right now it's dropped to 222.4MB!

It seems like the daemon is hanging. Sitting at 100% CPU. Responds to console commands until you type "diff", at which point console stop responding to commands. simplewallet can connect, but can't retrieve anything. Here is the stack trace:

Sorry, that was the stack of the wrong thread. Here is the one that's causing trouble:

Code:

(gdb) bt
#0  0x0000000000706bc4 in cryptonote::Blockchain::complete_timestamps_vector(unsigned long, std::vector<unsigned long, std::allocator<unsigned long> >&) ()
#1  0x00000000007104de in cryptonote::Blockchain::handle_alternative_block(cryptonote::block const&, crypto::hash const&, cryptonote::block_verification_context&) ()
#2  0x00000000006e21e6 in cryptonote::Blockchain::add_new_block(cryptonote::block const&, cryptonote::block_verification_context&) ()
#3  0x00000000006e285a in cryptonote::core::handle_incoming_block(std::string const&, cryptonote::block_verification_context&, bool) ()
#4  0x0000000000674822 in cryptonote::t_cryptonote_protocol_handler<cryptonote::core>::handle_response_get_objects(int, cryptonote::NOTIFY_RESPONSE_GET_OBJECTS::request&, cryptonote::cryptonote_connection_context&) ()
#5  0x000000000066d8e6 in int epee::net_utils::buff_to_t_adapter<cryptonote::t_cryptonote_protocol_handler<cryptonote::core>, cryptonote::NOTIFY_RESPONSE_GET_OBJECTS::request, cryptonote::cryptonote_connection_context, boost::_bi::bind_t<int, boost::_mfi::mf3<int, cryptonote::t_cryptonote_protocol_handler<cryptonote::core>, int, cryptonote::NOTIFY_RESPONSE_GET_OBJECTS::request&, cryptonote::cryptonote_connection_context&>, boost::_bi::list4<boost::_bi::value<cryptonote::t_cryptonote_protocol_handler<cryptonote::core>*>, boost::arg<1>, boost::arg<2>, boost::arg<3> > > >(cryptonote::t_cryptonote_protocol_handler<cryptonote::core>*, int, std::string const&, boost::_bi::bind_t<int, boost::_mfi::mf3<int, cryptonote::t_cryptonote_protocol_handler<cryptonote::core>, int, cryptonote::NOTIFY_RESPONSE_GET_OBJECTS::request&, cryptonote::cryptonote_connection_context&>, boost::_b---Type <return> to continue, or q <return> to quit---
i::list4<boost::_bi::value<cryptonote::t_cryptonote_protocol_handler<cryptonote::core>*>, boost::arg<1>, boost::arg<2>, boost::arg<3> > >, cryptonote::cryptonote_connection_context&) [clone .local.1553] [clone .constprop.6383.27838] ()
#6  0x000000000066f7b8 in int nodetool::node_server<cryptonote::t_cryptonote_protocol_handler<cryptonote::core> >::handle_invoke_map<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> >(bool, int, std::string const&, std::string&, nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context>&, bool&) [clone .local.1551] ()
#7  0x0000000000678a73 in nodetool::node_server<cryptonote::t_cryptonote_protocol_handler<cryptonote::core> >::notify(int, std::string const&, nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context>&) [clone .local.1549] ()
#8  0x0000000000630eae in epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> >::handle_recv(void const*, unsigned long) [clone .local.3549] ()
#9  0x000000000064bc64 in epee::net_utils::connection<epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> > >::handle_read(boost::system::error_code const&, unsigned long) ()
#10 0x000000000064a3bb in boost::asio::detail::completion_handler<boost::asio::detail::rewrapped_handler<boost::asio::detail::binder2<boost::asio::detail::wrapped_handler<boost::asio::io_service::strand, boost::_bi::bind_t<void, boost::_mfi::mf2<void, epee::net_utils::connection<epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> > >, b---Type <return> to continue, or q <return> to quit---
oost::system::error_code const&, unsigned long>, boost::_bi::list3<boost::_bi::value<boost::shared_ptr<epee::net_utils::connection<epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> > > > >, boost::arg<1> (*)(), boost::arg<2> (*)()> >, boost::asio::detail::is_continuation_if_running>, boost::system::error_code, unsigned long>, boost::_bi::bind_t<void, boost::_mfi::mf2<void, epee::net_utils::connection<epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> > >, boost::system::error_code const&, unsigned long>, boost::_bi::list3<boost::_bi::value<boost::shared_ptr<epee::net_utils::connection<epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> > > > >, boost::arg<1> (*)(), boost::arg<2> (*)()> > > >::do_complete(boost::asio::detail::task_io_service*, boost::asio::detail::task_io_service_operation*, boost::system::error_code const&, unsigned long)
    ()
#11 0x000000000064b545 in boost::asio::detail::reactive_socket_recv_op<boost::asio::mutable_buffers_1, boost::asio::detail::wrapped_handler<boost::asio::io_service::strand, boost::_bi::bind_t<void, boost::_mfi::mf2<void, epee::net_utils::connection<epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> > >, boost::system::error_code const&, unsigned long>, boost::_bi::list3<boost::_bi::value<boost::shared_ptr<epee::net_utils::connection<epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> > > > >, boost::arg<1> (*)(), boost::arg<2> (*)()> >, boost::asio::detail::is_continuation_if_running> >::---Type <return> to continue, or q <return> to quit---
do_complete(boost::asio::detail::task_io_service*, boost::asio::detail::task_io_service_operation*, boost::system::error_code const&, unsigned long) ()
#12 0x00000000006554bd in boost::asio::detail::epoll_reactor::descriptor_state::do_complete(boost::asio::detail::task_io_service*, boost::asio::detail::task_io_service_operation*, boost::system::error_code const&, unsigned long) ()
#13 0x0000000000667e47 in epee::net_utils::boosted_tcp_server<epee::levin::async_protocol_handler<nodetool::p2p_connection_context_t<cryptonote::cryptonote_connection_context> > >::worker_thread() ()
#14 0x00007fa25aaa274a in thread_proxy ()
   from /usr/local/lib/libboost_thread.so.1.55.0
#15 0x00000034e5407ee5 in start_thread () from /lib64/libpthread.so.0
#16 0x00000034e4cf4b8d in clone () from /lib64/libc.so.6
(gdb)