[XMR] Monero Speculation

[GingerAle]

I have started my node again and am solo mining.  Instead of using both cores I am now mining with only one.  The second core doesn't increase the HR by 100% but only 30% and using one core enables me to do anything else I want with my supercomputer while getting 25 H/s.

That is perfect. Or even part time (just mine when you aren't using the computer). Every little bit helps. Also, ask your friends to do the same.

I installed version 0.9 and downloaded the blockchain from scratch. Absolutely amazed how quickly it synced (overnight), and only uses ~70 mb of RAM. Amazing job!

About the solo mining you are encouraging. Do I actually make a valuable contribution to the network when I only have 12 MH/s and 8+0 connections (I can't map a port since I do not have access to the router. So I assume I am not a full node).

I would argue that yes you are. You are mining blocks on a standalone copy of the blockchain, so you are independently validating the network. As I understand it, the only thing you can't do as your ports closed is allow other nodes to download the blockchain  - you can still broadcast new blocks you find to the network.

[bitebits]

Indeed - if you listened to the fast talking podcast (uncensored bitcoin) where fluffypony went on, it seems one of the hosts primary concerns was the lack of security in the monero network due to both the hashrate and the nodecount.

http://www.stitcher.com/podcast/chris-derose-2/bitcoin-uncensored/e/e20-christmas-poo-122215-41741333

it starts at just about the 1 hour mark.

1:18:00 to be more precise. Interesting talk btw (except for the fact that the interviewers don't take the time to listen to the actual answer of their question by Fluffy Pony), thanks for sharing the link.

[kazuki49]

Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 

Seems like Moneroblocks.info is up and running. Moneroblocks.info replaces Moneroblocks.eu.

Thanks for this service, it makes a lot easier explaining Monero, specially if you compare with blockchain.info

[XMRpromotions]

Just to let you guys know. moneroblocks.eu is gone. moneroblocks.info is coming.

I forgot to renew the domain and GoDaddy "forgot" to warn me before hand so that they could try to extort an outrageous "Redemption Fee".

So that's that.

 

Seems like Moneroblocks.info is up and running. Moneroblocks.info replaces Moneroblocks.eu.

Thanks for this service, it makes a lot easier explaining Monero, specially if you compare with blockchain.info

.info seems more universal than .eu anyway. Thank you for maintaining the block explorer

[smooth]

I have started my node again and am solo mining.  Instead of using both cores I am now mining with only one.  The second core doesn't increase the HR by 100% but only 30% and using one core enables me to do anything else I want with my supercomputer while getting 25 H/s.

That is perfect. Or even part time (just mine when you aren't using the computer). Every little bit helps. Also, ask your friends to do the same.

I installed version 0.9 and downloaded the blockchain from scratch. Absolutely amazed how quickly it synced (overnight), and only uses ~70 mb of RAM. Amazing job!

About the solo mining you are encouraging. Do I actually make a valuable contribution to the network when I only have 12 MH/s and 8+0 connections (I can't map a port since I do not have access to the router. So I assume I am not a full node).

You are a absolutely a full node.

No question that 12 H/s is very low, but every bit helps. But if your computer is horribly inefficient (e.g. no AESNI) then I wouldn't really encourage it, because it is just wasteful. Better that you help support Monero in other ways.

As I understand it, the only thing you can't do as your ports closed is allow other nodes to download the blockchain  - you can still broadcast new blocks you find to the network.

Even that you can do, if the other node opens its port and yours connects to it. Once the connection is established it works the same regardless of who had the open port.

[bitebits]

I have started my node again and am solo mining.  Instead of using both cores I am now mining with only one.  The second core doesn't increase the HR by 100% but only 30% and using one core enables me to do anything else I want with my supercomputer while getting 25 H/s.

That is perfect. Or even part time (just mine when you aren't using the computer). Every little bit helps. Also, ask your friends to do the same.

I installed version 0.9 and downloaded the blockchain from scratch. Absolutely amazed how quickly it synced (overnight), and only uses ~70 mb of RAM. Amazing job!

About the solo mining you are encouraging. Do I actually make a valuable contribution to the network when I only have 12 MH/s and 8+0 connections (I can't map a port since I do not have access to the router. So I assume I am not a full node).

You are a absolutely a full node.

No question that 12 H/s is very low, but every bit helps. But if your computer is horribly inefficient (e.g. no AESNI) then I wouldn't really encourage it, because it is just wasteful. Better that you help support Monero in other ways.

As I understand it, the only thing you can't do as your ports closed is allow other nodes to download the blockchain  - you can still broadcast new blocks you find to the network.

Even that you can do, if the other node opens its port and yours connects to it. Once the connection is established it works the same regardless of who had the open port.

Thanks for the answers. I actually realize that I am mining with ~75 H/s and the net hash (of the total network?) is 10.12 MH/s.

Regarding the full node, it seems that currently I am not uploading any data (which seems to be indicated with the 8+0 connections).
Do I actively need to change a setting to be able to connect to another node that opens it's port?


Today I will try to setup a full (not mining) node using a VPS to support the Monero network. I am not a programmer but I would at least try to contribute something to this great Monero project.

[smooth]

Thanks for the answers. I actually realize that I am mining with ~75 H/s and the net hash (of the total network?) is 10.12 MH/s.

75 H/s is not bad at all. I typical desktop will be something like 100-250 depending on CPU.

Regarding the full node, it seems that currently I am not uploading any data (which seems to be indicated with the 8+0 connections).
Do I actively need to change a setting to be able to connect to another node that opens it's port?

That just shows a count of incoming and outgoing connections, so if you don't have an open port you will always see "__+0". You can still send data to the other nodes. As long as you stay connected and your top block (try "diff" command) matches what you see on chain explorers such as moneroblocks.info, everything is working fine.

[dEBRUYNE]

Blockchain analysis is improving.. -> https://twitter.com/lopp/status/686201146164252672

https://oxt.me/

[macsga]

Blockchain analysis is improving.. -> https://twitter.com/lopp/status/686201146164252672

https://oxt.me/

So much for anonymity... I wonder what the mixing times limit is for heuristic analysis.

[dEBRUYNE]

Shen already posted an update a few days ago regarding the implemenation of Ring CT for Monero:

edit 1/9/2016: Looks like its fully funded! Thanks to everyone who funded - I've started the work (https://github.com/ShenNoether/MiniNero/commit/9ede58897808bee784dab296654b99899a58c109), and I will be posting updates here for the next two weeks as I work on this, rather than updating both here and the stickied reddit post.

[dEBRUYNE]

Spotted this interesting reply on the following question on reddit:

What is paybee? Does it have something to do with monero?

https://github.com/paybee

Fluffypony's answer:

It's a payment gateway I've been developing along with a few partners. We had to deal with a few false starts and issues along the way, but it's (finally) getting close-ish to release.

[bitebits]

Seems like everybody is busy setting up nodes with v0.9, can't blame you since it is that easy even on a VPS! The whole blockchain syncs in 6-8 hours with 0.9.0.0 Hydrogen Helix.

[akaman]

Spotted this interesting reply on the following question on reddit:

What is paybee? Does it have something to do with monero?

https://github.com/paybee

Fluffypony's answer:

It's a payment gateway I've been developing along with a few partners. We had to deal with a few false starts and issues along the way, but it's (finally) getting close-ish to release.

Old news. He was soliciting beta testers on reddit more than 3 months ago.

[dEBRUYNE]

Spotted this interesting reply on the following question on reddit:

What is paybee? Does it have something to do with monero?

https://github.com/paybee

Fluffypony's answer:

It's a payment gateway I've been developing along with a few partners. We had to deal with a few false starts and issues along the way, but it's (finally) getting close-ish to release.

Old news. He was soliciting beta testers on reddit more than 3 months ago.

I think the "close-ish to release" is difference here :-) But guess it is a matter of perception as well.

[Hueristic]

There is no wallet generate on https://bittrex.com/Balance .

Anyone know why?

[saddambitcoin]

I don't have a bittrex account to see that, I assume you mean there is no option to make a new Payment ID?

Poloniex did that recently as well for all currencies and they said it was due to abuse. On Polo, you can still generate a new deposit address or payment ID directly via the API though.

Polo support said this to me the other day.

The feature on the website could be abused and we had to remove it, we are going to implement it again in the near future tho.

[XMRpromotions]

I don't have a bittrex account to see that, I assume you mean there is no option to make a new Payment ID?

Poloniex did that recently as well for all currencies and they said it was due to abuse. On Polo, you can still generate a new deposit address or payment ID directly via the API though.

Polo support said this to me the other day.

The feature on the website could be abused and we had to remove it, we are going to implement it again in the near future tho.

It seems like putting a cap on the number of new requests per user would be a much better solution than banning them altogether.

[Hueristic]

I don't have a bittrex account to see that, I assume you mean there is no option to make a new Payment ID?

Poloniex did that recently as well for all currencies and they said it was due to abuse. On Polo, you can still generate a new deposit address or payment ID directly via the API though.

Polo support said this to me the other day.

The feature on the website could be abused and we had to remove it, we are going to implement it again in the near future tho.

Thanks, appreciate the info.

[saddambitcoin]

Yes, I'm not sure what the bottleneck is.

Querying thousands or millions of payment IDs does not slow down simplewallet. Maybe their database is slowed down if the amount of deposit addresses (or payment IDs for Cryptonotes) gets too high. I'm not sure.

They say they intend to re-implement the feature and hopefully they do soon.

[Hueristic]

Yes, I'm not sure what the bottleneck is.

Querying thousands or millions of payment IDs does not slow down simplewallet. Maybe their database is slowed down if the amount of deposit addresses (or payment IDs for Cryptonotes) gets too high. I'm not sure.

They say they intend to re-implement the feature and hopefully they do soon.

Turns out it was a javascript being blocked. I'm getting dumber everyday.