Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1716. (Read 4670972 times)

Flat 0.005 fee + small quantities to burn off dust in you use dust inputs

I have been using the command line simplewallet for a couple weeks and I really love the simplicity and ease of use. It would be nice to have the following options if possible.

-Sanity check to confirm transfer of funds. Something like "You are about to send 10 XMR with a mixin factor of 3 to

with payment ID . Are you sure? [y/n]". Right now it seems too easy for a user to make a careless mistake.

-Some way to view a history of outgoing transfers.

Thank you for your great work so far I am excited about the future of Monero.

If you type set_log 2 or set_log 3 into the daemon command window you can increase the logging messages it displays, that might show what is causing the problem.

Started my daemon today and have the same problem ... stuck at block 100228. Nothing happens. Also no error messages.
A network problem or something ?

OK my golden quotes hours are past me as well it seems some of the $.05 words you have used here.  Can you start a discussion thread around this topic without any affinity for particular p2p systems. I very much wonder like to participate/follow that.  Cheers

This is what I refer to as the brass ring.  

The developed economies all have far more debt than they can support.  Negative interest rates fix this, but are not sustainable because the major stakeholders in the political economy are the debt holders.  The end-game for debt-based currency is unstable.  Innovation will revolutionize the system, inevitably.  Digitization and globalization of currency is inevitable, because of the efficiencies offered.  Any system which is not digital and global, rent-free, and instantaneous will fail to compete with a system which is.  The leading candidates for transparent and private liquidity, respectively, are BTC and XMR.  Which of those two markets is larger, I dare not speculate.  The maximum entropy assumption is that they are equal.  Since XMR asymptotic emission is less than BTC asymptotic emission, the rational best effort estimate is that 1 XMR > 1 BTC at some point in the future.  To denominate all transactions, the million dollar (USD 2014) XMR is a necessity, in this least-assumption scenario.  

10 years is a reasonable estimate of the time frame.  The U.S. demographic cycle troughs in 2024.  Baby boomers sell their real estate, their stocks, their bonds to fund retirement.  The effect is compounded by a lack of buyers in the X,Y,millennial generations, due to cultural changes, and especially declining household formation rates.  The result is price deflation in savings assets, declining rentier incomes.  This creates a peak of destabilizing pressure on the debt-based money system, and is the most likely time for it to collapse.

Unless you see these points, you may think the slogan-like trite simplicity of 1 Monero to 1 million dollars in 10 years discredits the idea.  To me, it seems almost inevitable.  The future is ours to lose.  Do not lose it.

fucking github won't let you search code on a fork, but here are some starting points from bytecoin's code:

https://github.com/amjuarez/bytecoin/search?q=fee&ref=cmdform&type=Code

1 Monero to 1 million dollars in 10 years  

Thanks I will check it out.. This coin is such a breath of fresh air

I advise you to take a look at this monero wallet tutorial if you are on windows

https://monerotalk.org/t/bounty-create-a-useful-tutorial-on-how-to-setup-monero/13/8


cheers

I install the wallet and miner and the computers that was on were hit with a reboot.  How do I open up the wallet to check what XMR if any has been deposited by my i5 mining the last few days?

Hi guys, need to test my XMR wallet. Please send some to:

49Tk6cTxcLw3wDh1wC1XamYHgZvWHaCXyjBe2NDHZgxhdUubYcVsroTZEgF4HMgdWbVKbNzcnH5PHPV XFjGANDB3T98KurA

 

I don't know if it have been asked but what is the formula for calculating fees ?

i havent tried this yet, i tried doing it through the old cryptonote gui wallet and it says its initializing and then freezes... is this because it is outdated? good thing is before it initialized it accepted my password

and im going to try the new method you suggested thanks alot for your help

Thank you for working on this.  I'd guess the database may be the most important step at the moment.

By the way, I can confirm the fix for the deterministic seed/date restore bug is good.  Tested on 64bit Arch Linux.

You still have to burn tx fees.

We have a fix coming for this in the near future (it's actually pretty easy), we just need to have some of the other components integrated first eg database.

Then couldn't someone attack the network (or de-anonymize) the blockchain by just spamming transactions with mixin 0? You could just send from one wallet to another below the limit of tx fee?

I'm not trying to fuck up a other people's anonymity, but I obviously don't understand well enough how it works, because it's not clear to me how it could be mixed with transactions that are already in the blockchain. Also, if it can get fucked up by some idiot sending transactions around with mixin 0, that seems to be kind of a big security flaw, right? Maybe mixin=1 should be enforced in the wallet?

Download the latest binaries, extract to a new folder, place the [wallet.bin].keys file in there, start simple wallet, load your wallet name (without the .keys extension), enter password, and it will rebuild the wallet file

yea, you just keep the keys file, and keep it in the same directory as simplewallet, not in the app roaming folder. I don't think mine said invalid password, just that the wallet was corrupted or something...it was kind of a while ago tho

ok, sure. I mean, I have a bunch of wallets with no more than 50 xmr in any of them, and I mostly just send to exchange or back (where else are you gonna send them now?). Is poloniex gonna charge me higher fees because I'm so rich with my tens of xmr? I doubt it. Maybe in the future it will matter to me, but at this time it seems kinda pointless. If anything I'd think you could negotiate a discount for trading huge volume on polo, but they know how much xmr you have in their wallet anyway, regardless of mixin.