[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1677.

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: florida.haunted on July 09, 2014, 05:46:21 AM

fluffypony, whether you have noted or no, you have just answered most the questions to be placed in this thread's sticky FAQ. Can you make this FAQ now? You have to just copy-paste questions and answers and put them sticky at 1st page.

I can do this job for you, if you were accept this FAQ, and make it sticky.

Also I noted, 32-bit obsolete Monero binaries are still sticky at 1st page.

fluffypony, just a day passes, and newbies will ask the same questions again and again, download invalid 32-bit Monero binaries, and feel much frustation!

The entire OP is going to be overhauled, and that will include a bunch of FAQ answers (not that anyone will read it, they'll still ask the same questions in this thread;)

The 32-bit binaries are NOT obsolete - they work perfectly fine if PAE is enabled, and once we have the embedded database stuff working the 32-bit binaries won't even need PAE.

hitbtc

sr. member

Activity: 525

Merit: 250

Hello! Hitbtc team here!
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Everyone can try out the features available at Hitbtc.

After doing so:
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pgbit

sr. member

Activity: 771

Merit: 258

Trident Protocol | Simple «buy-hold-earn» system!

Quote from: drawingthesun on July 09, 2014, 05:11:18 AM

Quote from: thunderlei on July 09, 2014, 03:39:07 AM

I have been involved in this coin for a while. there r two things bothering me.
The first is that blockchain keep growing at a fast pace than I expected. I understand this is uniquely caused by cn protocol. I am just wondering any hero devs has ever tried to think about a solution for this issues.

Now that the pool dust problem has been fixed the chain is growing at about twice the rate that bitcoin does.

So the chain is roughly going to end up being 2 to 3 times larger than bitcoin due to the anonymity.

This is really a non issue right now.

The main issue is bandwidth usage.

Someone mentioned maybe in another thread an application that lets you control bandwidth for each program that you use. Does anyone use this? It might be a short term solution as this issue may mean that many users have the daemon open for a short as time as possible. Maybe have a way to vary the resources required?

nakaone

hero member

Activity: 742

Merit: 500

Quote from: drawingthesun on July 09, 2014, 05:17:27 AM

My advice: if you're not ok with an anonymous coin being two to three times larger than bitcoin then please dump all your coins, because it's unlikely Monero will ever be 1:1 size wise compared to Bitcoin.

Even darkcoin routing through multiple nodes in RC4 will have the same bloat issues.

Anonymous will always cost more. Always.

It seems a lot of you don't know what you've got yourselves into. I think you're looking for a coin that is anonymous and is as small as Bitcoin. If so, the exit is simple; Please dump every last Monero you own, right now.

one thing maybe to add - I think we can assume that storage does not matter in the foreseeable future - hardware as well as projects like maidsafe/storj will solve that problem.

florida.haunted

full member

Activity: 243

Merit: 125

Quote from: fluffypony on July 09, 2014, 05:08:47 AM

Quote from: bitwolf on July 09, 2014, 04:10:31 AM

I can't understand how is it even possible this thing to sync so long and to use my whole internet connection which is 100mbps. It shows 12.5MBps Receive and 5 MBps Send. Everything that works depending on the internet connection fails. No Browsing, No Mining, No Connection between any device. No Smart TV, no Smartphones , no HBO - no nothing. And my router is pretty awesome - if it was other - it would have fried by now in this temperatures. How is it possible to use the whole 100mbps for several hours? This has to be about 100 or 200 Gigabytes. And the last blockchain istn't working. Only the blockchain from 20 June syncs. W...T... F..., dev???

You're not just syncing downstream, you're receiving blocks from multiple peers to establish consensus and you're sending blocks to connected peers. The daemon has no understanding of "bandwidth", it works as fast as it can (which typically means maxing out your line). We are looking at adding a low-level QoS solution in the future, but in the interim you can use the bootstrap blockchain to get you going. As with anything, if you find it to be a major problem please do feel free to fix it and submit a pull request to the main github repo.

fluffypony, whether you have noted or no, you have just answered most the questions to be placed in this thread's sticky FAQ. Can you make this FAQ now? You have to just copy-paste questions and answers and put them sticky at 1st page.

I can do this job for you, if you were accept this FAQ, and make it sticky.

Also I noted, 32-bit obsolete Monero binaries are still sticky at 1st page.

fluffypony, just a day passes, and newbies will ask the same questions again and again, download invalid 32-bit Monero binaries, and feel much frustation!

drawingthesun

legendary

Activity: 1176

Merit: 1015

My advice: if you're not ok with an anonymous coin being two to three times larger than bitcoin then please dump all your coins, because it's unlikely Monero will ever be 1:1 size wise compared to Bitcoin.

Even darkcoin routing through multiple nodes in RC4 will have the same bloat issues.

Anonymous will always cost more. Always.

It seems a lot of you don't know what you've got yourselves into. I think you're looking for a coin that is anonymous and is as small as Bitcoin. If so, the exit is simple; Please dump every last Monero you own, right now.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: thunderlei on July 09, 2014, 03:39:07 AM

I have been involved in this coin for a while. there r two things bothering me.
The first is that blockchain keep growing at a fast pace than I expected. I understand this is uniquely caused by cn protocol. I am just wondering any hero devs has ever tried to think about a solution for this issues.

Now that the pool dust problem has been fixed the chain is growing at about twice the rate that bitcoin does.

So the chain is roughly going to end up being 2 to 3 times larger than bitcoin due to the anonymity.

This is really a non issue right now.

The main issue is bandwidth usage.

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: bitwolf on July 09, 2014, 04:10:31 AM

I can't understand how is it even possible this thing to sync so long and to use my whole internet connection which is 100mbps. It shows 12.5MBps Receive and 5 MBps Send. Everything that works depending on the internet connection fails. No Browsing, No Mining, No Connection between any device. No Smart TV, no Smartphones , no HBO - no nothing. And my router is pretty awesome - if it was other - it would have fried by now in this temperatures. How is it possible to use the whole 100mbps for several hours? This has to be about 100 or 200 Gigabytes. And the last blockchain istn't working. Only the blockchain from 20 June syncs. W...T... F..., dev???

You're not just syncing downstream, you're receiving blocks from multiple peers to establish consensus and you're sending blocks to connected peers. The daemon has no understanding of "bandwidth", it works as fast as it can (which typically means maxing out your line). We are looking at adding a low-level QoS solution in the future, but in the interim you can use the bootstrap blockchain to get you going. As with anything, if you find it to be a major problem please do feel free to fix it and submit a pull request to the main github repo.

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: thunderlei on July 09, 2014, 03:39:07 AM

I have been involved in this coin for a while. there r two things bothering me.
The first is that blockchain keep growing at a fast pace than I expected. I understand this is uniquely caused by cn protocol. I am just wondering any hero devs has ever tried to think about a solution for this issues.
The second is about mining. botnet problem is happening right now, I guess, since the profit of mining this coin is obvious. r u worry this issue will become worse when the coin become more popular, even the possibility of 51 attack may be a true threat.

We are applying our mind to the blockchain size issue, but at its current growth rate of 40mb a week we've got plenty of time to figure out how to solve this in a way that doesn't compromise or reduce the anonymity set.

Every coin has botnets mining it, and it's a practical non-issue. To try and use a botnet to fudge consensus is extremely hard to the point of improbability, and given the hashing speed of the average crummy desktop (around 50h/s) you would need a botnet with more than 128 000 machines. The higher the hashrate the less of an issue this becomes:)

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: jwinterm on July 08, 2014, 11:08:57 PM

Quote from: Anon136 on July 08, 2014, 11:05:49 PM

Quote from: b00mbastic on July 08, 2014, 10:42:16 PM

Does anyone know - is it possible to recover wallet info if I lost my wallet password? wallet.[bin+keys+txt] files is present.

sure just use that mnemonic passphrase that you wrote down when you first created your wallet.

I dunno about that, I think you'd still need to know your wallet pw after you recreate it to unlock it, not 100% sure tho...

You don't - the mnemonic is a deterministic seed that is used to create your spend and view private keys, so it's unrelated to your wallet password (as it should be).

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: ?? on ??

Quote from: aminorex on July 08, 2014, 11:31:27 PM

The seed phrase suffices to recover a wallet. Remember to delete simplewallet.log once you have recorded it.

I think the devs should emphatically warn about this, it can be a huge security risk.

The seed isn't in the log, we removed that ages ago:)

bitwolf

full member

Activity: 186

Merit: 100

I can't understand how is it even possible this thing to sync so long and to use my whole internet connection which is 100mbps. It shows 12.5MBps Receive and 5 MBps Send. Everything that works depending on the internet connection fails. No Browsing, No Mining, No Connection between any device. No Smart TV, no Smartphones , no HBO - no nothing. And my router is pretty awesome - if it was other - it would have fried by now in this temperatures. How is it possible to use the whole 100mbps for several hours? This has to be about 100 or 200 Gigabytes. And the last blockchain istn't working. Only the blockchain from 20 June syncs. W...T... F..., dev???

thunderlei

newbie

Activity: 47

Merit: 0

I have been involved in this coin for a while. there r two things bothering me.
The first is that blockchain keep growing at a fast pace than I expected. I understand this is uniquely caused by cn protocol. I am just wondering any hero devs has ever tried to think about a solution for this issues.
The second is about mining. botnet problem is happening right now, I guess, since the profit of mining this coin is obvious. r u worry this issue will become worse when the coin become more popular, even the possibility of 51 attack may be a true threat.

neozaru

newbie

Activity: 50

Merit: 0

Quote from: rooster2000bka on July 09, 2014, 01:00:57 AM

help me!
I want to recover my wallet from 24 word seed
Can explan for me command in Cmd
Thank!

Not 100% sure but, but should work in recent versions :

Code:

./simplewallet --restore-deterministic-wallet --electrum-seed=""

It will ask you a new wallet file name/password.

It is also possible to add --wallet (wallet file name) and --password arguments in the same command line.

rooster2000bka

sr. member

Activity: 299

Merit: 250

help me!
I want to recover my wallet from 24 word seed
Can explan for me command in Cmd
Thank!

amysun

newbie

Activity: 55

Merit: 0

Quote from: saddambitcoin on July 08, 2014, 10:36:54 PM

anybody else have a feeling monero is about to explode?

It reaches a new low after every pump.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: sammy007 on July 08, 2014, 11:58:57 PM

Quote from: ?? on ??

Quote from: saddambitcoin on July 08, 2014, 10:36:54 PM

anybody else have a feeling monero is about to explode?

I believe it will really 'explode' when the emission rate diminishing kicks in heavily and the market realizes that monero is now as rare as bitcoin, it'll take time.

And new coin will be launched.

Naturally but http://en.wikipedia.org/wiki/Network_effect

This is the only reason any crypto has value. Without the network effect open source crypto currencies would be non scarce and things that are non scarce have a price of 0, but because of the network effect bitcoin clone != bitcoin original.

sammy007

legendary

Activity: 1904

Merit: 1003

Quote from: ?? on ??

Quote from: saddambitcoin on July 08, 2014, 10:36:54 PM

anybody else have a feeling monero is about to explode?

I believe it will really 'explode' when the emission rate diminishing kicks in heavily and the market realizes that monero is now as rare as bitcoin, it'll take time.

And new coin will be launched.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: saddambitcoin on July 08, 2014, 10:36:54 PM

anybody else have a feeling monero is about to explode?

It has more merit than almost any of the cryptos ahead of it (except maybe nxt and bitcoin). Unfortunately though with out some flashy advertising campaign or some such this will only, at best, translate into slow and steady growth over time. Well see though. If andreas antonopoulos or someone big like that drops the M bomb infront of the right people it certainly could happen.

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: saddambitcoin on July 08, 2014, 10:36:54 PM

anybody else have a feeling monero is about to explode?

No, but I wish it was.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1677. (Read 4670614 times)