Announcing: Monero Has Scored 6/7 on Coins Source's Trust Index! Currently awaiting address verification for a full 7/7!
https://twitter.com/CoinsSource/statuses/495740913549713408
Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1578. (Read 4670972 times)
August 02, 2014, 10:16:05 PM
August 02, 2014, 10:04:30 PM
Is there any interest within the Monero community for a pool that has the option to send earnings directly to an exchange?
August 02, 2014, 08:37:29 PM
Anyone know if monero trezor compatibility will be a possibility in the future?
would be grat
Willing to pledge 10 XMR for implementing this!I will pledge the same, 10 XMR... Can someone add it to the bounties on the op? TREZOR FTW!!!
August 02, 2014, 07:01:14 PM
Anyone know if monero trezor compatibility will be a possibility in the future?
would be great
Willing to pledge 10 XMR for implementing this! 
August 02, 2014, 06:39:27 PM
wow crickets.
August 02, 2014, 01:27:20 PM
Anyone know if monero trezor compatibility will be a possibility in the future?
Possible cuz software, driver and firmware is open source and documented. August 02, 2014, 01:09:58 PM
Anyone know if monero trezor compatibility will be a possibility in the future?
August 02, 2014, 12:58:18 PM
The dream future Monero wallet could have an ability to send XMR not only to Monero addresses, but also directly to BTC addresses and vice versa. It will greatly expand the adoption.
To realize this concept there can be internal exchange on back end server with enough reserve of both currencies auto-converting instantly in both sides at average market rates. It can be also done in cooperation with a real external exchange. But probably internal or even decentralized system can have much more benefits.
If all of this can operate seamless for end users with light weight client wallets - a lot of people will prefer to store their money in private Monero while keeping an ability to use all the exploding Bitcoin infrastructure.
To realize this concept there can be internal exchange on back end server with enough reserve of both currencies auto-converting instantly in both sides at average market rates. It can be also done in cooperation with a real external exchange. But probably internal or even decentralized system can have much more benefits.
If all of this can operate seamless for end users with light weight client wallets - a lot of people will prefer to store their money in private Monero while keeping an ability to use all the exploding Bitcoin infrastructure.
this was suggested before, seamless xmr/btc conversion sounds really awesome
Wow, this would be such a great feature
Yea that seems very nice.
I have talked personally to fluffypony about this and he said it is not impossible, but there would be a privacy/security issue where btc and xmr meet.
edit: anyway I think that it is all or nothing with Monero that we're going for, not just the privacy part for bitcoin to use. Monero is a great, fast, secure coin.
August 02, 2014, 09:31:46 AM
The dream future Monero wallet could have an ability to send XMR not only to Monero addresses, but also directly to BTC addresses and vice versa. It will greatly expand the adoption.
To realize this concept there can be internal exchange on back end server with enough reserve of both currencies auto-converting instantly in both sides at average market rates. It can be also done in cooperation with a real external exchange. But probably internal or even decentralized system can have much more benefits.
If all of this can operate seamless for end users with light weight client wallets - a lot of people will prefer to store their money in private Monero while keeping an ability to use all the exploding Bitcoin infrastructure.
To realize this concept there can be internal exchange on back end server with enough reserve of both currencies auto-converting instantly in both sides at average market rates. It can be also done in cooperation with a real external exchange. But probably internal or even decentralized system can have much more benefits.
If all of this can operate seamless for end users with light weight client wallets - a lot of people will prefer to store their money in private Monero while keeping an ability to use all the exploding Bitcoin infrastructure.
this was suggested before, seamless xmr/btc conversion sounds really awesome
Wow, this would be such a great feature
Yea that seems very nice.
August 02, 2014, 09:27:21 AM
The dream future Monero wallet could have an ability to send XMR not only to Monero addresses, but also directly to BTC addresses and vice versa. It will greatly expand the adoption.
To realize this concept there can be internal exchange on back end server with enough reserve of both currencies auto-converting instantly in both sides at average market rates. It can be also done in cooperation with a real external exchange. But probably internal or even decentralized system can have much more benefits.
If all of this can operate seamless for end users with light weight client wallets - a lot of people will prefer to store their money in private Monero while keeping an ability to use all the exploding Bitcoin infrastructure.
To realize this concept there can be internal exchange on back end server with enough reserve of both currencies auto-converting instantly in both sides at average market rates. It can be also done in cooperation with a real external exchange. But probably internal or even decentralized system can have much more benefits.
If all of this can operate seamless for end users with light weight client wallets - a lot of people will prefer to store their money in private Monero while keeping an ability to use all the exploding Bitcoin infrastructure.
this was suggested before, seamless xmr/btc conversion sounds really awesome
Wow, this would be such a great feature
August 02, 2014, 06:34:21 AM
August 02, 2014, 05:03:57 AM
We now have an official Monero community FAQ
It's made as a place to redirect all common questions to, built with the help of the community to cover every aspect.
To participate just submit a reply with a question and the relating answer - Only one Q/A per post!
If you don't know the answer, we still encourage you to ask so more experienced users can answer your questions and we can add it to the FAQ
Any questions related to the FAQ should be redirected to either the monero-extended account or to Quanttek
-updated by Quanttek
To be exact, you can ask several question in one post. We (the monero teams, be it core team or extended team) will recreate a Q/A so that we can update the post later when necessary.It's made as a place to redirect all common questions to, built with the help of the community to cover every aspect.
To participate just submit a reply with a question and the relating answer - Only one Q/A per post!
If you don't know the answer, we still encourage you to ask so more experienced users can answer your questions and we can add it to the FAQ
Any questions related to the FAQ should be redirected to either the monero-extended account or to Quanttek
-updated by Quanttek
The conversion is done. Now, there is one question per post. Feedbacks welcome.
August 02, 2014, 04:16:07 AM
IMHO, for XMR there is a new kind of "exchange service" needed.
I feel like an: "trustworthy" or "trustless" XMR<->BTC exchange avaible on the DarkNet is needed. Doing quick/instant anon XMR<->BTC exchanges for an small fee, like 0,3%.
Exchange features: 100% anon, no user accounts, no logging, instant delivery, obvious no KYC/AML bullshit, no frills (only XMR<->BTC), quick order process, instant payout after receiving customer TX, always $3000 till $10000 reserve of both coins, no hour long waiting for "balance refill" (like at russian ecurrency exchangers), owner based in XMR community and supporting XMR development with profit from fees, very good, audited opsec
I feel like an: "trustworthy" or "trustless" XMR<->BTC exchange avaible on the DarkNet is needed. Doing quick/instant anon XMR<->BTC exchanges for an small fee, like 0,3%.
Exchange features: 100% anon, no user accounts, no logging, instant delivery, obvious no KYC/AML bullshit, no frills (only XMR<->BTC), quick order process, instant payout after receiving customer TX, always $3000 till $10000 reserve of both coins, no hour long waiting for "balance refill" (like at russian ecurrency exchangers), owner based in XMR community and supporting XMR development with profit from fees, very good, audited opsec
August 02, 2014, 04:03:23 AM
Would BTC<->XMR fee-less or are would you be ok paying a small fee?
If there was a fee, I would imagine it would be plugged directly into an exchange and you'd have to pay exchange fees and transaction fees. Are we looking at a conversion, or a multi-faceted wallet? It sounds like you're talking about a conversion, but I think just a multi-faceted wallet would be cool too. Something that you can deposit both BTC and XMR into before a purchase.
I would think that if something cool like that were to happen (conversion) though, maybe the first step would be getting both into one GUI?
Of course then there's seller fees etc, plus two different api's to deal with. It would be an incredible amount of work, but the outcome would be really great IMO.
August 02, 2014, 03:58:52 AM
If a person X wan'ts to support the XMR ecosystem. What service/solution should he offer, that would help the XMR community to grow & prosper, as it is most missed today?
Cliffs for realism:
- Must be doable online service/project/company. Shouldn't need more then $50 K investment.
- No ethics needed, can be legit business, semi-legit/grey area or not legal, in underdeveloped countries like North Korea, USA, Myanmar, Afghanistan, etc.
- Obvious no pervert or hardcore freaky/criminal business cases/ideas, that would give XMR bad image.
- Can be if technically or intellectual challenging. But suggest what you think XMR community/ecosystem is missing.
(Even if it's standard ecommerce stuff or easy adaption to XMR of some standard webservice, that aint cool. Where building & operation site standard/boring,
some one was to build it for XMR. If there is demand.)
Cliffs for realism:
- Must be doable online service/project/company. Shouldn't need more then $50 K investment.
- No ethics needed, can be legit business, semi-legit/grey area or not legal, in underdeveloped countries like North Korea, USA, Myanmar, Afghanistan, etc.
- Obvious no pervert or hardcore freaky/criminal business cases/ideas, that would give XMR bad image.
- Can be if technically or intellectual challenging. But suggest what you think XMR community/ecosystem is missing.
(Even if it's standard ecommerce stuff or easy adaption to XMR of some standard webservice, that aint cool. Where building & operation site standard/boring,
some one was to build it for XMR. If there is demand.)
August 02, 2014, 03:37:09 AM
Would BTC<->XMR fee-less or are would you be ok paying a small fee?
August 02, 2014, 03:14:43 AM
The dream future Monero wallet could have an ability to send XMR not only to Monero addresses, but also directly to BTC addresses and vice versa. It will greatly expand the adoption.
To realize this concept there can be internal exchange on back end server with enough reserve of both currencies auto-converting instantly in both sides at average market rates. It can be also done in cooperation with a real external exchange. But probably internal or even decentralized system can have much more benefits.
If all of this can operate seamless for end users with light weight client wallets - a lot of people will prefer to store their money in private Monero while keeping an ability to use all the exploding Bitcoin infrastructure.
To realize this concept there can be internal exchange on back end server with enough reserve of both currencies auto-converting instantly in both sides at average market rates. It can be also done in cooperation with a real external exchange. But probably internal or even decentralized system can have much more benefits.
If all of this can operate seamless for end users with light weight client wallets - a lot of people will prefer to store their money in private Monero while keeping an ability to use all the exploding Bitcoin infrastructure.
August 02, 2014, 02:08:18 AM
blockchain.info is truly a web-based wallet, many would love to have something like that for xmr
Major updates must be done before it happen. It's not simple to create a dedicated wallet for everyone, currently you have to run a separate instance of simplewallet for everyone.
That is not necessarily a hard blocker if you look at things as google does (i.e. scale out horizontally). You can probably run dozens if not hundreds of instances of simplewallet on one server (I see memory usage of 0.12 GB each, and a lot of that might be shared libraries), and easily spread them out on multiple servers. At least thousands of simultaneous users is not difficult, and that's pretty far in the future for such a service. This is not ideal, but it is feasible.
Pain in the ass, I'd better pay to dev team to do something if I need multiple addresses in one wallet daemon. Better for everyone and especially for XMR ecosystem.
August 02, 2014, 01:11:17 AM
blockchain.info is truly a web-based wallet, many would love to have something like that for xmr
Major updates must be done before it happen. It's not simple to create a dedicated wallet for everyone, currently you have to run a separate instance of simplewallet for everyone.
That is not necessarily a hard blocker if you look at things as google does (i.e. scale out horizontally). You can probably run dozens if not hundreds of instances of simplewallet on one server (I see memory usage of 0.12 GB each, and a lot of that might be shared libraries), and easily spread them out on multiple servers. At least thousands of simultaneous users is not difficult, and that's pretty far in the future for such a service. This is not ideal, but it is feasible.
Jump to: