Author

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1778. (Read 4670972 times)

sr. member
Activity: 336
Merit: 260
Monero blockchain grew to 1 Gb in one month and it's a pain to sync, and only a few people use it now, imagine what would happen when/if it gets more popular. Do you think that Monero alone won't fly due to syncing and storing issues if everyone uses the same cryptonote currency?

In my opinion, a few cryptonote currencies will become popular and interexchangeable, since the code is shared, and users would need to download only one of the blockchains. The userbase and transactions are thus split into a few smaller blockchains instead of one huge and everyone chooses their favorite flavor, like linux OSes, with every flavor taking 20-30% of total marketcap of cryptonote currencies.

It's just a pain to wait for it to be fully synced if you only open it once every few days and have to wait 20-30 mins before you can use it. For now it's just pumping at exchanges as many people don't even bother with withdrawing, especially since there is no GUI and they are only speculators. What do you think of this?
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
At http://pool.cryptoescrow.eu after moving to our New servers and updating the Configuration we have 0% orphans and we plan to keep it that way!
All thanks to Wolf0 and great server support.
Everyone is very welcome to join us!
0% orphan rate is impossible. You probably have an orphan rate just under 1% like everyone else.
member
Activity: 94
Merit: 10
At http://pool.cryptoescrow.eu after moving to our New servers and updating the Configuration we have 0% orphans and we plan to keep it that way!
All thanks to Wolf0 and great server support.
Everyone is very welcome to join us!
legendary
Activity: 1428
Merit: 1001
getmonero.org
Monero is at .0062, I feel like slapping myself. Wish I had bought some more earlier..I only have 20 moneros.. ):

You're still in time to buy. Monero is the next to be added in mintpal and you know what that means.

You shouldnt promote monero by saying that it is going to be on mintpal and thats why it will grow. That looks like a pump and dump. You should read and understand what monero is and what it does and promote it with that reasoning...
member
Activity: 91
Merit: 10
Monero is at .0062, I feel like slapping myself. Wish I had bought some more earlier..I only have 20 moneros.. ):

You're still in time to buy. Monero is the next to be added in mintpal and you know what that means.
legendary
Activity: 2156
Merit: 1131

Did you contact the admin of the pool ?
The original pool code is full of bugs, if the admin doesn't fix the issues you could be mining for nothing.
sr. member
Activity: 770
Merit: 250
Monero is at .0062, I feel like slapping myself. Wish I had bought some more earlier..I only have 20 moneros.. ):

And you'll slap yourself again later to not buy now.



Haha, I know, I just did a wire transfer to buy btc, so it might take a while damn.
hero member
Activity: 666
Merit: 500
legendary
Activity: 2156
Merit: 1131
Monero is at .0062, I feel like slapping myself. Wish I had bought some more earlier..I only have 20 moneros.. ):

And you'll slap yourself again later to not buy now.

sr. member
Activity: 770
Merit: 250
Monero is at .0062, I feel like slapping myself. Wish I had bought some more earlier..I only have 20 moneros.. ):
hero member
Activity: 532
Merit: 500
Out of interest, does monero fork as I haven't read anything about it yet... Or is it immune to this problem ?

There was a risk of fork at the very beginning that has been solved quickly.
Nothing since.


Does that mean it is immune to it or does a fork just happen at random times? I was just reading the DRK thread and they saying there is a fork again... but what would make people sell thier DRK when there is a fork? The wallet just needs updating and all will be fine ?

Darkcoin just forks because they added changes on the protocol level that a soft-update isn't enough for.
And yes if a coin hardforks every user needs to update their wallet/daemon, if you coordinate that ok it isnt much of an issue.
Dont mix this up with "network forking" where multiple blockchains exists.


But lets keep this topic monero only please, there are enough threads for all other coins.
member
Activity: 93
Merit: 10
Out of interest, does monero fork as I haven't read anything about it yet... Or is it immune to this problem ?

There was a risk of fork at the very beginning that has been solved quickly.
Nothing since.


Does that mean it is immune to it or does a fork just happen at random times? I was just reading the DRK thread and they saying there is a fork again... but what would make people sell thier DRK when there is a fork? The wallet just needs updating and all will be fine ?

You shouldn't informe yourself about a currencyin a others currency thread lel. That's like asikng a Google employee if Bing is hood or asking Tim Cook if Windows 8 is superior
sr. member
Activity: 364
Merit: 250
Out of interest, does monero fork as I haven't read anything about it yet... Or is it immune to this problem ?

There was a risk of fork at the very beginning that has been solved quickly.
Nothing since.


Does that mean it is immune to it or does a fork just happen at random times? I was just reading the DRK thread and they saying there is a fork again... but what would make people sell thier DRK when there is a fork? The wallet just needs updating and all will be fine ?
legendary
Activity: 2156
Merit: 1131
Out of interest, does monero fork as I haven't read anything about it yet... Or is it immune to this problem ?

There was a risk of fork at the very beginning that has been solved quickly.
Nothing since.
sr. member
Activity: 364
Merit: 250
Out of interest, does monero fork as I haven't read anything about it yet... Or is it immune to this problem ?
hero member
Activity: 770
Merit: 500
Come on, give Monero guys some credit. They are maintaining the biggest CryptoNote community there is and doing it pretty well. 

Maintaining community is one thing and developing an innovative tech is another.

I really appreciate what XMR does to CryptoNote promotion and development of pools, wallets, etc. However, if you take a look at their recent transaction pool changes, you'll be quite surprised.

Firstly, Monero devs changed the source code so that the transactions could stay in pools forever. This lead to transaction piling up to 250+ transactions in the daemon tx_pools, which were not going anywhere at all and could be stuck for eternity.

Secondly, they took BBR solution to the problem and I assume didn't even bother thinking deeply on what they were adding. The 24h limit for transactions in the pool was a solution but again not a wise one. As there are no wallet notifications, the wallet doesn't know anything about the transactions being reversed. Users, services are not notified on the process at all.

What's more, if there are older daemons in the network, a more interesting case is possible. The transaction is reversed in newer daemons, the inputs are free again for other transactions. But when they're used, the older daemons (which didn't get the transaction out of their tx_pools) have to report double-spending attempts.

This is not how you make critical updates for the currency.

1) Monero developers should evaluate the long term consequences of their commits. Each unthought solution can cause drastic problems in the long run.
2) Monero developers should allow a compatibility window in order to make sure that the network is not split during the update. It's not about "mandatory update" alert on the forum, but a sophisticated approach inside the source code.

And that is why I prefer Bytecoin developers approach. I'm sure they can't ruin the network with one random commit. Can't say the same about XMR devs.

Its friday and i have really better things todo than addressing your constant hate without a reason.

First of all, it was a hotfix and its was coordinated with pools and exchanges, there is absolutely no problem users just need to update their wallets... Polo and Bittrex both work pretty close with us and we coordinate everything with them.
There was nothing uncoordinated i have even discussed the fix with zoidberg and he sees no problem either. There was a compatibility window and still is - there are pools who mine the low fee transactions.

About the hashrate and your botnet paranoia - the hashincrease simply matches the price increase on exchanges, theres no vodoo or black magic - and whats the difference to BCN, they use the same Proof of work...
Then your other concern that the miner was crippled is just a joke because we were the ones who fixed it, you better ask bcn why they did make the pow so slow without a reason.


The dev progress speaks to itself, you just have to check our githubs (all monero people):

https://github.com/mikezackles/bitmonero/commits/daemonize
https://github.com/Neozaru/bitmonero/commits/master
https://github.com/wolf9466/bitmonero/commits/master
https://github.com/wolf9466/cpuminer-multi/commits/master
https://github.com/fluffypony/bitmonero/commits/master
https://github.com/tewinget/bitmonero/commits/master
https://github.com/zone117x/node-cryptonote-pool/commits/master
https://github.com/NoodleDoodleNoodleDoodleNoodleDoodleNoo/bitmonero/commits/master




This is an open source project with a great community and not a one man show, you should realize that.


Quote
And that is why I prefer Bytecoin developers approach. I'm sure they can't ruin the network with one random commit. Can't say the same about XMR devs.

There was a critical bug which allowed the blockchain to be replaced due to an error in their checkpoint system we found here: https://github.com/monero-project/bitmonero/commit/5ceffa8c8abb96bb8314939bf75c9b935ea7b5bc
and fixed here: https://github.com/monero-project/bitmonero/commit/e7171250739790a5e5040264c4c1356ddeeea241

This bug allowed it to replace the whole blockchain on CN coins, because it made it possible to fabricate a blockchain with a bigger cummulative difficulty due to non-checking of the block before the checkpointing. Just for your info.

Ultimately we should all work together but with the hatred from certain people here i doubt that will happen....

Wow, very impressive I must say, thanks for fixing that bug. I'm setting aside 10% of income from trading to make a developers fund atm.
legendary
Activity: 1596
Merit: 1009
Quote
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
06/20/14-14:18:39 - SHARE FOUND (target 25000) - (GPU 0)
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
Error in server response
: {"id":1,"jsonrpc":"2.0","error":{"code":-1,"message":"Lowdifficultyshare"}}

Stratum - connecting to 'monero.crypto-pool.fr' <62.210.78.186> port 6666
GPU 0, GpuMiner k1a failed -55
Stratum - Connected
Pool Diff 25000.1
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55

I receive this error with gpu miner, anyone can help me??

Try Claymores thread  here : https://bitcointalksearch.org/topic/claymores-cryptonote-amd-gpu-miner-v113-638915
Someone will help you out

Edited Link was wrong

Thank you bro!
hero member
Activity: 565
Merit: 500
Quote
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
06/20/14-14:18:39 - SHARE FOUND (target 25000) - (GPU 0)
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
Error in server response
: {"id":1,"jsonrpc":"2.0","error":{"code":-1,"message":"Lowdifficultyshare"}}

Stratum - connecting to 'monero.crypto-pool.fr' <62.210.78.186> port 6666
GPU 0, GpuMiner k1a failed -55
Stratum - Connected
Pool Diff 25000.1
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55

I receive this error with gpu miner, anyone can help me??

Try Claymores thread  here : https://bitcointalksearch.org/topic/claymores-cryptonote-amd-gpu-miner-v113-638915
Someone will help you out

Edited Link was wrong
hero member
Activity: 532
Merit: 500
Come on, give Monero guys some credit. They are maintaining the biggest CryptoNote community there is and doing it pretty well. 

Maintaining community is one thing and developing an innovative tech is another.

I really appreciate what XMR does to CryptoNote promotion and development of pools, wallets, etc. However, if you take a look at their recent transaction pool changes, you'll be quite surprised.

Firstly, Monero devs changed the source code so that the transactions could stay in pools forever. This lead to transaction piling up to 250+ transactions in the daemon tx_pools, which were not going anywhere at all and could be stuck for eternity.

Secondly, they took BBR solution to the problem and I assume didn't even bother thinking deeply on what they were adding. The 24h limit for transactions in the pool was a solution but again not a wise one. As there are no wallet notifications, the wallet doesn't know anything about the transactions being reversed. Users, services are not notified on the process at all.

What's more, if there are older daemons in the network, a more interesting case is possible. The transaction is reversed in newer daemons, the inputs are free again for other transactions. But when they're used, the older daemons (which didn't get the transaction out of their tx_pools) have to report double-spending attempts.

This is not how you make critical updates for the currency.

1) Monero developers should evaluate the long term consequences of their commits. Each unthought solution can cause drastic problems in the long run.
2) Monero developers should allow a compatibility window in order to make sure that the network is not split during the update. It's not about "mandatory update" alert on the forum, but a sophisticated approach inside the source code.

And that is why I prefer Bytecoin developers approach. I'm sure they can't ruin the network with one random commit. Can't say the same about XMR devs.

Its friday and i have really better things todo than addressing your constant hate without a reason.

First of all, it was a hotfix and its was coordinated with pools and exchanges, there is absolutely no problem users just need to update their wallets... Polo and Bittrex both work pretty close with us and we coordinate everything with them.
There was nothing uncoordinated i have even discussed the fix with zoidberg and he sees no problem either. There was a compatibility window and still is - there are pools who mine the low fee transactions.

About the hashrate and your botnet paranoia - the hashincrease simply matches the price increase on exchanges, theres no vodoo or black magic - and whats the difference to BCN, they use the same Proof of work...
Then your other concern that the miner was crippled is just a joke because we were the ones who fixed it, you better ask bcn why they did make the pow so slow without a reason.


The dev progress speaks to itself, you just have to check our githubs (all monero people):

https://github.com/mikezackles/bitmonero/commits/daemonize
https://github.com/Neozaru/bitmonero/commits/master
https://github.com/wolf9466/bitmonero/commits/master
https://github.com/wolf9466/cpuminer-multi/commits/master
https://github.com/fluffypony/bitmonero/commits/master
https://github.com/tewinget/bitmonero/commits/master
https://github.com/zone117x/node-cryptonote-pool/commits/master
https://github.com/NoodleDoodleNoodleDoodleNoodleDoodleNoo/bitmonero/commits/master




This is an open source project with a great community and not a one man show, you should realize that.


Quote
And that is why I prefer Bytecoin developers approach. I'm sure they can't ruin the network with one random commit. Can't say the same about XMR devs.

There was a critical bug which allowed the blockchain to be replaced due to an error in their checkpoint system we found here: https://github.com/monero-project/bitmonero/commit/5ceffa8c8abb96bb8314939bf75c9b935ea7b5bc
and fixed here: https://github.com/monero-project/bitmonero/commit/e7171250739790a5e5040264c4c1356ddeeea241

This bug allowed it to replace the whole blockchain on CN coins, because it made it possible to fabricate a blockchain with a bigger cummulative difficulty due to non-checking of the block before the checkpointing. Just for your info.

Ultimately we should all work together but with the hatred from certain people here i doubt that will happen....
legendary
Activity: 1596
Merit: 1009
Quote
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
06/20/14-14:18:39 - SHARE FOUND (target 25000) - (GPU 0)
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55
Error in server response
: {"id":1,"jsonrpc":"2.0","error":{"code":-1,"message":"Lowdifficultyshare"}}

Stratum - connecting to 'monero.crypto-pool.fr' <62.210.78.186> port 6666
GPU 0, GpuMiner k1a failed -55
Stratum - Connected
Pool Diff 25000.1
GPU 0, GpuMiner k1a failed -55
GPU 0, GpuMiner k1a failed -55

I receive this error with gpu miner, anyone can help me??
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