Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1539. (Read 4670622 times)
August 23, 2014, 05:42:59 PM
Monero devs kick ass noone can even deny it anymore. Attack the block chain and they are on it within minutes, a whole team of them. Fuck yes
August 23, 2014, 05:42:34 PM
I hope pools will follow and apply this update as soon as possible. We all responsible for this coin.
August 23, 2014, 05:38:04 PM
why does this matter? don't they have to pay higher tx fee for higher mixing count? Isn' this equivalent to if a whole bunch of people were using xmr as a currency
Current tx fees are very low to keep XMR accessible to all users (about 1 cent per 24.4 KB), but would allow a user with bad intentions to spam about 300 MB into the blockchain each day. Someone has decided to abuse our blockchain in an act of malevolence.
We will be deploying immediate patches to pools to cope with this update. Expect a mandatory update today.
aye aye capn'
August 23, 2014, 05:22:03 PM
ADD: It should be blatantly obvious that we don't want to sell 100 GB of blockchain space for $41k. Do the math dudes, for the sake of Monero!
For those that lurk in #monero-dev -
[23:12:40] monero ([email protected]) joined the channel.
[23:12:40] monero: [bitmonero] fluffypony opened pull request #104: Fees temporarily bumped to 0.1 XMR per tx to prevent spam attack (master...master) http://git.io/9_lUdA
[23:12:40] monero ([email protected]) left the channel.
[23:12:55] monero ([email protected]) joined the channel.
[23:12:56] monero: [bitmonero] fluffypony closed pull request #104: Fees temporarily bumped to 0.1 XMR per tx to prevent spam attack (master...master) http://git.io/9_lUdA
[23:12:56] monero ([email protected]) left the channel.
[23:13:01] @fluffypony: oh well, at least they tried
In other words, if you run a pool, pull master from github ASAP. If you know someone who runs a pool, please make sure the message is passed along ASAP. It is important to get as many pools updated as quickly as possible.
New wallet release binaries, etc. are on the way.
August 23, 2014, 05:19:28 PM
ADD: It should be blatantly obvious that we don't want to sell 100 GB of blockchain space for $41k. Do the math dudes, for the sake of Monero!
For those that lurk in #monero-dev -
[23:12:40] monero ([email protected]) joined the channel.
[23:12:40] monero: [bitmonero] fluffypony opened pull request #104: Fees temporarily bumped to 0.1 XMR per tx to prevent spam attack (master...master) http://git.io/9_lUdA
[23:12:40] monero ([email protected]) left the channel.
[23:12:55] monero ([email protected]) joined the channel.
[23:12:56] monero: [bitmonero] fluffypony closed pull request #104: Fees temporarily bumped to 0.1 XMR per tx to prevent spam attack (master...master) http://git.io/9_lUdA
[23:12:56] monero ([email protected]) left the channel.
[23:13:01] @fluffypony: oh well, at least they tried
August 23, 2014, 05:11:53 PM
ADD: It should be blatantly obvious that we don't want to sell 100 GB of blockchain space for $41k. Do the math dudes, for the sake of Monero!
It is being increased immediately to stop the attack. We will later introduce per-kb fees to address the issue in a more nuanced manner (many ordinary transactions are fairly small so they don't need to pay as much as needed to mitigate attacks using 24 KB transactions). However, ultimately the fees seem to need to be quite a bit higher than $0.01 based on experience with spam attacks on other coins such as LTC.
August 23, 2014, 05:09:20 PM
Wouldn't an order of magnitude increase in fees effect all the 0.1 XMR payments from the mining pools?
Not directly. They pay out multiple users at one time, which means one fee, not one fee for each 0.1 XMR payment. When users spend the 0.1 payments, they generally combine several of them into one payment, so again one fee. So the higher fee is still possible workable without other changes. Pools may wish to increase their minimum payouts or let users set higher minimum payouts to reduce fees though.
August 23, 2014, 05:05:10 PM
Wouldn't an order of magnitude increase in fees effect all the 0.1 XMR payments from the mining pools?
August 23, 2014, 04:36:51 PM
simple problem more mixing more fee
0 mixing
0.005
10 mixing
0.05
100 mixing
0.5
0 mixing
0.005
10 mixing
0.05
100 mixing
0.5
It should be fee-per-kb since the amount of data is more fundamental and adaptive than what the data is. Dust attack have been used on the blockchains of Bitcoin, Litecoin, Dogecoin and many others in the past. It's easy to put a stop to with a fee that's fine for a normal user but quickly adds up for a malicious attacker. Monero's is currently unusually low -- I don't think going even an order of magnitude higher would have much effect on regular users.
August 23, 2014, 04:30:39 PM
Current tx fees are very low to keep XMR accessible to all users (about 1 cent per 24.4 KB)
There is no known legitimate uses that require low transaction fees to be profitable. I am happy to raise them 5-10 times higher and when someone comes to me giving a factual example how his monero use actually suffers due to the fees, I will support him from my own pocket, considering this as a donation to monero ecosystem.
ADD: It should be blatantly obvious that we don't want to sell 100 GB of blockchain space for $41k. Do the math dudes, for the sake of Monero!
August 23, 2014, 04:23:38 PM
Ah okay. If we decide on a clear charter to be enforced I will be happy to open a moderated one.
As a general rule, any new sister thread shall be moderated. Reason 1 is all our thread (even the FAQ) are filled with shills. Reason 2 is we have for long a reputation of not abusing of the self-moderation feature, so we shall not fear rejection anymore on this ground. Reason 3 of course is that it will be saner to read for anyone.Surprisingly, this might not be true. Monero already has approximately 3% as many transactions as BTC and this number is likely to grow as improvements to XMR (especially GUI) are rolled out and more avenues for usage appear. So far aside from speculation (exchanges) we have exactly one medical practice and one gambling site.
As well as two contractants: a chef and a servant (although it was only partially paid in XMR). August 23, 2014, 04:19:48 PM
simple problem more mixing more fee
0 mixing
0.005
10 mixing
0.05
100 mixing
0.5
0 mixing
0.005
10 mixing
0.05
100 mixing
0.5
Then you can still spam by creating a tx with a low mixin and tons of outputs. The solution is per-kb fees, which is on our "important" radar and obviously just moved to our "urgent" radar:-P
August 23, 2014, 04:15:16 PM
simple problem more mixing more fee
0 mixing
0.005
10 mixing
0.05
100 mixing
0.5
0 mixing
0.005
10 mixing
0.05
100 mixing
0.5
August 23, 2014, 03:13:47 PM
why does this matter? don't they have to pay higher tx fee for higher mixing count? Isn' this equivalent to if a whole bunch of people were using xmr as a currency
Current tx fees are very low to keep XMR accessible to all users (about 1 cent per 24.4 KB), but would allow a user with bad intentions to spam about 300 MB into the blockchain each day. Someone has decided to abuse our blockchain in an act of malevolence.
We will be deploying immediate patches to pools to cope with this update. Expect a mandatory update today.
August 23, 2014, 03:03:34 PM
Monero currently appears to be undergoing a spamming attack.
Every 5 seconds or so, someone is submitting tx with mixins of 101 to the network:
https://minergate.com/blockchain/mro/transpool
See also recent blocks:
https://minergate.com/blockchain/mro/blocks
Currently I have limited connectivity to IRC. Please alert FluffyPony, Smooth, etc to this if they are not aware it is going on. We may issue temporary mining-level code that rejects tx with mixin >= 20 or some other reasonable number.
Every 5 seconds or so, someone is submitting tx with mixins of 101 to the network:
https://minergate.com/blockchain/mro/transpool
See also recent blocks:
https://minergate.com/blockchain/mro/blocks
Currently I have limited connectivity to IRC. Please alert FluffyPony, Smooth, etc to this if they are not aware it is going on. We may issue temporary mining-level code that rejects tx with mixin >= 20 or some other reasonable number.
why does this matter? don't they have to pay higher tx fee for higher mixing count? Isn' this equivalent to if a whole bunch of people were using xmr as a currency
August 23, 2014, 02:32:02 PM
It's here guys! First XMR/Monero gambling site is FairProof. Looks pretty legit, I will be trying and reviewing it tonight.
Use my referral link and I'll donate all proceeds to Dev fund.
fairproof.com/qxc
Good luck!
(Also started a thread to discuss: https://bitcointalksearch.org/topic/--746591)
Use my referral link and I'll donate all proceeds to Dev fund.
fairproof.com/qxc
Good luck!
(Also started a thread to discuss: https://bitcointalksearch.org/topic/--746591)
Update:
It looks like my review thread was deleted?? So I'll just write it here before I put it in my main gambling thread:
Pros:
Site works, nice layout, received deposit and withdraw
Cons:
Affiliate program does not work
Zero response from customer support via forum PM and on-site ticket after several days
Fair Cards returns a server error, and Roulette does not appear to have XMR enabled at all
3% house edge is excessive, does not reduce for "favorite" bets like 99% chance to win...
Overall Rating:
C-, considering they were first I'll give them the benefit of the doubt for now. I would hold off considering I have inside info that another dice site will be opening for XMR soon.
August 23, 2014, 12:29:53 PM
Monero currently appears to be undergoing a spamming attack.
Every 5 seconds or so, someone is submitting tx with mixins of 101 to the network:
https://minergate.com/blockchain/mro/transpool
See also recent blocks:
https://minergate.com/blockchain/mro/blocks
Currently I have limited connectivity to IRC. Please alert FluffyPony, Smooth, etc to this if they are not aware it is going on. We may issue temporary mining-level code that rejects tx with mixin >= 20 or some other reasonable number.
Every 5 seconds or so, someone is submitting tx with mixins of 101 to the network:
https://minergate.com/blockchain/mro/transpool
See also recent blocks:
https://minergate.com/blockchain/mro/blocks
Currently I have limited connectivity to IRC. Please alert FluffyPony, Smooth, etc to this if they are not aware it is going on. We may issue temporary mining-level code that rejects tx with mixin >= 20 or some other reasonable number.
Being discussed on IRC
August 23, 2014, 12:23:56 PM
Monero currently appears to be undergoing a spamming attack.
Every 5 seconds or so, someone is submitting tx with mixins of 101 to the network:
https://minergate.com/blockchain/mro/transpool
See also recent blocks:
https://minergate.com/blockchain/mro/blocks
Currently I have limited connectivity to IRC. Please alert FluffyPony, Smooth, etc to this if they are not aware it is going on. We may issue temporary mining-level code that rejects tx with mixin >= 20 or some other reasonable number.
Every 5 seconds or so, someone is submitting tx with mixins of 101 to the network:
https://minergate.com/blockchain/mro/transpool
See also recent blocks:
https://minergate.com/blockchain/mro/blocks
Currently I have limited connectivity to IRC. Please alert FluffyPony, Smooth, etc to this if they are not aware it is going on. We may issue temporary mining-level code that rejects tx with mixin >= 20 or some other reasonable number.
August 23, 2014, 10:34:44 AM
Got my 750Tis up to around 310H/s: https://ottrbutt.com/tmp/xmrwolf1750ti.png
Nice, where can we get your miner ? Do you have an adress for donation ?
August 23, 2014, 09:41:49 AM
A friend of mine made an android widget and app.
Updates
•NOTICE: Widgets may stop working, please add again
•Added many fiat currencies, to a total of 21: AUD, BRL, CAD, CHF, CNY, EUR, GBP, HKD, IDR, ILS, MXN, NOK, NZD, PLN, RON, RUB, SEK, SGD, TRY, USD, ZAR
•Added 2x2 widget format, showing user coin value, and mining projection value
•Bug fixes
Previous Updates that i forgot to post here
•Added pinch in / pinch out gestures to market depth graph, to control viewed range of the total data
•Bug fixes (Bittrex, market depth graph force closing)
More things are coming in a few days
Download: https://play.google.com/store/apps/details?id=tr.monerostatus
If anyone feels like donating: 47g3CVqBdmPZgPEA8m2hjT4aosiNhmELD3jdQVbtbooVGuCjHfY7aBUQo5p2Qirk7629LiFZWH7ZWMZ nSAZ5n7paP7ePThK
Many thanks to the three donators!
P.S. Ask about more features and tell us about bugs![/list][/list]
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