I am the masses. I'm interested i'm Monero due to the involvement of people I respect. I have no computer skills. My new computer is windows 8.1 with a pentium chip
so I wont be mining. I started using btc over a year ago. I have never downloaded the blockchain as I have only used the electrum wallet. I have considered purchasing XMR but the process of downloading, setting up, and transferring is daunting. I don't want use an exchange for storage. I see that an attempt is being made to make a deterministic wallet. Will this mean no downloading of the blockchain like electrum?
Any advice on how to get started with Monero would be appreciated.
Thanks I'll give it a go when I have some time. Just to reinforce how clueless I am, in 13 years of owning a computer I have never backed up anything
This is another joy with using the electrum wallet, never a need to back it up. My seeds are safely stored in several secure locations and my btc will live on when I die.
If you do not have computer skills, for this you should GNU/Linux as it work out of the box (see monero.cc Getting started - for install_monero.sh). Firstly, you can try it from USB bootable stick (see e.g.
http://www.ubuntu.com/download/desktop/create-a-usb-stick-on-windows) on which changes will be saved if you set up persistence.
I found out about BTC 6 month ago, and I never actually used Electrum, but I'we been reading about best practices for deterministic wallets and I'we been running bitmonero daemon for a few weeks now. And, for what I understand, if you just wish to create a seed you may not use persistence and can skip installing cpuminer - the script will guide you through the process. Then you would disconnect from the network and generate a wallet, after which should be the same as with your other seeds. I suppose that there are no watching only option for simplewallet, at least at the moment.
One of things that I like about Monero is egalitarian idea behind it (which seems to be working) so if you put to work even old computer, and you let it mine within the daemon, you actually have a chance of finding a block.
You NEED to start mining. Don:t use a pool. Just be patient.
It would be nice if Monero GNU/Linux distro comes to life, after i2p is reimplemented in c++
I must have less than no computer skills. I downloaded Monero as all I needed to do was click. I was following the MoneroTalk tutorial where it said after downloadimg (one of the 5 files they show is a zip file which I don't have, just the other 4) I am instructed to
SIMPLY move the file to %USERPROFILE%\AppData\Roaming. After googling and searching for what would be the correct name of my USERPROFILE I came up empty handed. One hour gone.
On the Monereo site it basically says their installation instruction only work for Linux. I had recently saved a link that explains dual boot with linux. I just read it and stopped when they talk about partitioning my hard drive. Am I to assume that using a bootable USB stick is easier? If I am running Monero with linux can I use my computer in Windows as well? I use my computer a lot during the day and must use windows.
First go to your control panel and click folder options
Click on view hidden files
Now go to start (win 7) and perform search for %appdata%
Folder option will appear Double click on roaming folder
Creat bitmonero folder
Double click bitmonero folder and save the block chain in there
For Windows eight use the magnifying glass to search for %appdata%
And a roaming folder option will appear. First you must set folders to view hidden in control panel