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

[Este Nuno]

Considering all the valuable projects going on, I believe that 2015 will be the Year of the Crypto

same thing people said about 2014

And they were right. But it seems will be 2015 also year of Crypto and 2016 again. Maybe will last many years before there will be year of something new.

They were right too, you're right about that. Bitcoin has had an incredible year now topped off with the Microsoft thing. And then we have all these interesting projects going on in the alt world too.

The only thing that didn't happen for Bitcoin is the price. But other than that things are pretty good. It's just a question of how people are going to generate demand for things like BTC and XMR.

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[fluffypony]

Hi all - just to let you know that we've fixed the MyMonero modal dialog issue, and you can now use it 100% on your mobile device.

If you come across any other issues using it on a mobile device, please let me know or email info@mymonero.com

[Arux]

Upgraded to 0.8.8.6  and when exiting the daemon, well it just doesn't.  It gives the proper messages as to what it is doing but the blockchain doesn't get stored.  The second time I exited I came back over an our later and I had to just close it. 

I just tried again and same thing.  This time I checked to see if the HDD was active as if it was writing and it was for the entire time.
windows 8.1

If the hard disk is active then it is likely saving but just taking a very long time. You are probably a bit short of RAM.

I synced the daemon just before I updated and it worked.

Update.  I tried again last night and it worked. [/color] I don't know how long it took as I feel asleep for a bit over an hour.  RAM usage during writing to disk totaled 75%, I have 4GB.

Hopefully not too long from now I will once again have a real computer.  It will of course have a SSD.  How much space will the blockchain need now, in a year, in 3 years?

2014-Dec-10 14:30:49.486350 [SRV_MAIN]Storing blockchain...
2014-Dec-10 15:35:07.872327 [SRV_MAIN]Blockchain stored OK.

1h05 on a win7/64, core2duo, 4GB, hdd machine (and yes i know i'm a bit of a masochist)

[Hueristic]

talking about markets and monero - is anybody working on multisigs? can somebody say some words about this?
that is a crucial thing to have with a proper wallet (and i2p integration).
multisigs might make a big difference, new p2p markets are starting and this is a must have feature

The Monero Research Lab is working through the academic and research portion of this. There's literally no point in implementing multisig without full ring signature support, and so this requires some careful thought to get it right (cryptographically speaking). Just like with everything we do that is integral and deeply tied into Monero, we have to apply the appropriate amount of care, as people's lives and their livelihood can depend on it later on.

I would seriously recommend keeping this closed source if possible when implemented. Maybe 2 versions where the paranoid can use wallets without multi-sig. The first that gets here and can keep it to themselves will be the clear winner.

Added: Thinking more on this and is there any reason this could not be implemented in a wrapper? Just for security reasons that may be a eloquent way to address.

I wish I could still program this would be a great project to work on.

[5w00p]

Upgraded to 0.8.8.6  and when exiting the daemon, well it just doesn't.  It gives the proper messages as to what it is doing but the blockchain doesn't get stored.  The second time I exited I came back over an our later and I had to just close it. 

I just tried again and same thing.  This time I checked to see if the HDD was active as if it was writing and it was for the entire time.
windows 8.1

If the hard disk is active then it is likely saving but just taking a very long time. You are probably a bit short of RAM.

I synced the daemon just before I updated and it worked.

Update.  I tried again last night and it worked. [/color] I don't know how long it took as I feel asleep for a bit over an hour.  RAM usage during writing to disk totaled 75%, I have 4GB.

Hopefully not too long from now I will once again have a real computer.  It will of course have a SSD.  How much space will the blockchain need now, in a year, in 3 years?

2014-Dec-10 14:30:49.486350 [SRV_MAIN]Storing blockchain...
2014-Dec-10 15:35:07.872327 [SRV_MAIN]Blockchain stored OK.

1h05 on a win7/64, core2duo, 4GB, hdd machine (and yes i know i'm a bit of a masochist)

When you get a real computer, it will be about 60x faster.

2014-Dec-11 15:57:17.945610 [SRV_MAIN]Storing blockchain...
2014-Dec-11 15:58:20.322671 [SRV_MAIN]Blockchain stored OK.

1m03 on a win8.1, i7, 16GB, hdd machine (with debian VM running a BTC node & yam miner hashing for XMR also utilizing the CPU at the same time)

[David Latapie]

As a geneticist, I can tell you this would be difficult to pull off - "interpret your genome" is the crux of the problem here.

Yeah, this is it. 23 and me (and others) give unreliable data, because in order to give accurate data, one needs to sequence a person's whole genome and we are very far from it. And that's the difference between genetics and genomics (I'm quoting Laurent Alexandre here, who you must at least have heard of).

I can just imagine some cigar smoking wine twirling upper eschelon type smugly thinking to himself "I'm enjoying this MP3 of which there are only 15 copies in the world." Of course, this would depend on the artist community adhering to a limited edition pressing of their works... and I imagine the artists would be the ones invested in whatever the "mining" component of this network would be.

Heard of webscrapping, or memory leaking? If you can output it, you can copy it - that's why pictures have a visible watermark. Since this is digital, there won't be any loss of information, contrary to analog.

And that's why preventing decentralised double-spend is so huge - it goes against the very basic of digital technology, which is that that copy is identical to the original. Breaking such a fundamental rule of information theory is awesome.

Lets set up a company in Estonia.

e-residency may be quite a useful feature.

what about a younger person who wants to pay for access to a dating site without his parents knowing his sexual orientation from the credit card bill?)

A dating site is just one of huge number of projects that can be done for Monero usage.

- VPN
- web hosting
- domain names
- porn? (why not - everyone likes a bit of it and everyone likes privacy)

and so on ... only those I mentioned are a large spectrum of wide web of the world.

Updated Why is an anonymous currency important?

[yeXIABC]

An asic is not a cpu for a reason. those two items

[fox19891989]

...
I'm not usually interested in altcoins myself, but I can see how people can enjoy them. Most altcoin "investing" is a lot like gambling. I can see how trying to navigate and manipulate these tiny markets could be fun for a lot of people. These pump-and-dump altcoins aren't really competitors to Bitcoin: they're really a way of using your bitcoins to gamble. There are also a handful of technologically interesting altcoins like Monero, which I think are very useful for testing new ideas that might one day be incorporated into Bitcoin.

Even theymos finds Monero interesting

Nice. Just wait until we can start marketing this next year. 

IMO XMR will be one of top 5 coin

[fluffypony]

2014-Dec-10 14:30:49.486350 [SRV_MAIN]Storing blockchain...
2014-Dec-10 15:35:07.872327 [SRV_MAIN]Blockchain stored OK.

1h05 on a win7/64, core2duo, 4GB, hdd machine (and yes i know i'm a bit of a masochist)

When you get a real computer, it will be about 60x faster.

2014-Dec-11 15:57:17.945610 [SRV_MAIN]Storing blockchain...
2014-Dec-11 15:58:20.322671 [SRV_MAIN]Blockchain stored OK.

1m03 on a win8.1, i7, 16GB, hdd machine (with debian VM running a BTC node & yam miner hashing for XMR also utilizing the CPU at the same time)

I'm seeing slightly better times on my Macbook Pro Retina -



Seriously, though, once LMDB is stable it'll also mean that there's no periodic write. All db writes will be as-it-happens.

[e-coinomist]

...
I'm not usually interested in altcoins myself, but I can see how people can enjoy them. Most altcoin "investing" is a lot like gambling. I can see how trying to navigate and manipulate these tiny markets could be fun for a lot of people. These pump-and-dump altcoins aren't really competitors to Bitcoin: they're really a way of using your bitcoins to gamble. There are also a handful of technologically interesting altcoins like Monero, which I think are very useful for testing new ideas that might one day be incorporated into Bitcoin.

Even theymos finds Monero interesting

Totally deluding himself if he thinks that Bitcoin even has a chance of integrating CN tech.

Bitcoin will turn into a POS coin. Yeah but I've got a feeling  

[Atrides]

This is the alpha version of MoneroClub, I'd like to post today.

www.MoneroClub.com/

It's time to bring Monero to the new level! That's why MoneroClub has been created.

Similar to LocalBitcoins for BTC, this is P2P trading platform of any currency (fiat+BTC) for Monero.

Bypassing the centralized exchanges, that should prevent the price from falling.

Perhaps, you post an advertisement as a "seller on the spot", reselling Monero and increasing the number  of the "local" members.

By expanding Monero users network in cities and regions as much as possible, all its members will have profited!

To make Monero REAL, we have to create its REAL use. Thanks to Monero's unique functions some things are going to happen next nearest time. MoneroClub is the first step to get Monero in a comfortable way.

So then briefly:

• This is the possibility to sell a large sum of coins without dropping the price. In fact, it is much more profitable to sell for current or even higher rate, changing coins immediately for BTC or local currency.
• The chance to determinate the fixed/flexible price or using MoneroIndex at the moment +- %.
• Organization of a large Monero community worldwide (many cities, many locations)

If you are a monero miner, an investor or just a fan and interested in monero's growth, create an account on MoneroClub to support and let our community grow!

There are a lot of attractive ideas, the work is being actively curried out.

MoneroIndex

In MoneroClub you also find a price index MoneroIndex. This is the average actual price from all exchanges.

API JSON with all currencies: https://www.moneroclub.com/api/moneroindex/

As a text for only one currency:
    https://www.moneroclub.com/api/moneroindex/btc/
    https://www.moneroclub.com/api/moneroindex/usd/
    https://www.moneroclub.com/api/moneroindex/eur/

Pair BTC/USD taken from Winkdex.com Currency pairs taken from European Central Bank

Monero Daemon Node

As an experiment the nodes will be created for those, who do not want to keep the whole blockchain, but only want to run a lightweight client.
Just connect the wallet to the monero daemon as before:

Code:

node.moneroclub.com:8880

Security

Emails are the last century, outmoded and unsafe, spying from one and all. Here is no emails, registration and the whole support occur through bitmessage

Code:

BM-NC6dJzuM7hjfyy8DN6WQQ33cdYXbu3XB

By registration you get a pincode (once!). Mark it well! It won't be saved in our data base, we do not know it. So, if you lost the password, you can restore it only with a pincode manual through bitmessage support.

Status

This is the Alpha-version of the project. It will be advanced and improved greatly.

Follow us on Twitter

I'm looking forward to your feedback, may be someone likes to help with marketing, support..
Comments and suggestions are welcome

[kawa900jc]

This is the alpha version of MoneroClub, I'd like to post today. May be you have some comments?

www.MoneroClub.com/

It's time to bring Monero to the new level! That's why MoneroClub has been created.

....

This is the Alpha-version of the project. It will be advanced and improved greatly. Any suggestions are welcome

Follow us on Twitter, MoneroClub will be advanced and improved greatly

I'm looking forward to your feedback, may be someone likes to help with developing, marketing, support..

Very nice a I joined the club and followed on twitter.
The twitter account has to be pimpted for more attraction but it is a start.
succes!

[smooth]

www.MoneroClub.com/

Similar to LocalBitcoins for BTC, this is P2P trading platform of any currency (fiat+BTC) for Monero.

Well done sir!

[Shrikez]

This is the alpha version of MoneroClub, I'd like to post today.

www.MoneroClub.com/

Very nice, thank you!

My first suggestion: Please allow editing of the offers.

[Atrides]

Very nice, thank you!

My first suggestion: Please allow editing of the offers.

will be done today

[digicoin]

www.MoneroClub.com/

Similar to LocalBitcoins for BTC, this is P2P trading platform of any currency (fiat+BTC) for Monero.

Well done sir!

It shows that XMR goes the right direction: expand the ecosystem (XMR economy) instead of focusing solely on wallet development (product development). This service inspires me a lot.

[Globb0]

Like, will get joined up.

Good luck with your new project.


Phil

[GreekBitcoin]

Atrides tweet something so that we can all retweet!

So node.moneroclub.com:8880 means that one can only use simplewallet! Though it also means that we have to trust the node, right? I just tried it and it works fine I havent send XMR in the wallet though.
 

[fluffypony]

Atrides tweet something so that we can all retweet!

So node.moneroclub.com:8880 means that one can only use simplewallet! Though it also means that we have to trust the node, right? I just tried it and it works fine I havent send XMR in the wallet though.
 

I thought I'd write up the compromises for both MyMonero and a remote open daemon -

Compromises for both MyMonero and running simplewallet connected to an open daemon:

- You have to trust that both aren't feeding you bad blocks / skipping blocks / withholding blocks
- You have to trust that both aren't logging your sent tx's against your IP address
- You have to trust that both are keeping their daemon up-to-date so that tx's are valid and are actually rebroadcast

Compromises specific to to MyMonero:

- You have to trust we won't reveal your view key

Compromises specific to connecting to open daemons:

- You'll be pulling full blocks down from quite low on the blockchain during a restore (ie. basically downloading the full blockchain)
- You've got to do that from scratch if you have a messed up wallet cache or a dead tx in the mempool
- Once a block is scanned for a tx it is discarded by simplewallet, so you can't "cache" those blocks and run a second wallet on your machine - every additional wallet will pull the same data in all over again

So basically using a remote daemon has a massive bandwidth impact (compared to a web wallet) and thus isn't appropriate for mobile devices. However, you have the advantage of not having to give up your view key. A possible middle ground, of sorts, for "full" devices would be to run your own remote daemon. This should help you make a more informed choice:)

[fluffypony]

MoneroClub is awesome, and it looks like the light wallet is closer than I thought, this coin is cool

We've had remote daemon support from the beginning (the daemon and wallet are separated in the CryptoNote reference code already), but it's not light at all - it still downloads the full blockchain and does full verification and viewkey scans on received blocks/tx's.