Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1852. (Read 4670606 times)

payments command allows you to see the transaction, height, amount etc by using just the payment id. Useful to track a payment you are expecting as there is no way to use the block explorer in the same way as BTC.

Ah, ok.

Thanks - I'll give this all a try using a small amount first.

The payment id is given to you by the exchange/recipient.

So do I just make up a payment ID off the top of my head when, say, sending to an exchange that requires one ? i.e. it's not something that's generated by the wallet.

What is the "payment" command for in that case - as distinct from the 'transfer' command ?

The payment ID is basically a reference number. I'm inclined to say something like: "How complicated is that to understand?", but to be fair, in the absence of a basic tutorial or introductory literature then it doesn't surprise me that the odd person gets a bit confused. (even though it's not a particularly complicated concept.)

We should work toward getting information streamlined so that such things are more easily digested.

Transfer does have payment id parameter; e.g transfer 0

The payment ID is simply a way of tracking a transaction which is necessary as you cant link address like BTC. Its the only way to know what the payment relates to.

Quote from: toknormal on June 10, 2014, 10:54:19 AM

On top of all that, I've already lost about 100 XMR because I transferred exchange to exchange 'the normal way' and it's now disappeared into the 'ether'.

You should be able to sort that out with the exchange in fairness it does say this next to where you generate your address...

 Deposit: You MUST send your deposit using the Payment ID below, or it will not be credited.

I think you've really tried to over complicate the payment ID, just think about it like a public message in Bitcoin that allows the person on the other end to see who payed them. When I send coins to myself or to others that know what amount Im sending them I dont use a payment ID at all.

I have the same problem. Does it help to wait or is it essential to get a up-to-date p2pstate.bin file from someone?

Look - I'm an IT professional of 20 years. Been coding all my life.

I'm sitting here having just spent 1 day getting the wallet working, blockchain downloaded, finding out where it needs to be installed, doing all over again because I forgot to type 'Save' .

Now I'm onto phase 2 head scratching - trying to receive funds into my wallet and send them and work out how this 'Payment ID' thing works. I'm absolutely clueless - the 'help' command just shows the syntax for the 'payments' command which seems to take a 'Payment ID' as a parameter, but how that fits in with an actual payment I've no idea. There's also a 'transfer' command that looks like the one to use to make transfers except that it doesn't have a payment ID parameter.

On top of all that, I've already lost about 100 XMR because I transferred exchange to exchange 'the normal way' and it's now disappeared into the 'ether'.

If anyone thinks that traders are going to do anything other than dump this coin IMMEDIATELY they start encountering any of this quagmire then they're living in cloud cuckoo land. They'll just keep it on the exchanges and sell at the first sign of a gain.

This stuff isn't remotely ready to be traded on any kind of scale. It's probably quite an interesting technology underneath, but you can't just chuck this at people and hope for the best - the market will spit it right back out. It has to be digestible for ordinary folks - in particular, that payment ID thing is a huge banana skin, it needs to be thought through and the exchanges need to have a safety mechanism to stop people losing their funds.

P.S. It's all very well saying Bitcoin was 'flaky' at the start, but at that time it was the state of the art. This on the other hand looks like junk compared to what people are used to. The look and feel needs at least to do justice to the advanced state of the underlying technology.

Good point, there were people on Cryptonote who hadn't downloaded the wallet for a number of reasons and had to go through the setting up to retrieve their coins.

There are two thoughts on that. With mintpal the coin will be more known and those that are noobs and cant mine or create a wallet can invest easily before it gets too hard to mine and to pricey.

On the other hand i agree that a gui and some bugs fixes should be fixed before we hit mintpal. At least we need that wiki. Wasnt to be made today?

Re. Mintpal - for God's sake don't push for it going on there until there's a slick, user friendly GUI Wallet available for all platforms.

It will just kill the momentum - everyone will be tearing their hair out and venting all over the place on Reddit and Bitcointalk squabble threads.

Better work on the infrastructure until it's at least of a (crypto market) commercial quality, then go more public.

Russian thread updated. Hope it's not too late.

We need more seed peers. Ask someone here for their p2pstate.bin files.

I contend that any 2.0 applications reduce rather than increase the value and utility of a 1.0 currency:  The right way to parse the 1.0 domain is along market boundaries, barriers which obstruct or impede liquidity flow.  Anything that raises even a slight barrier to flow reduces the ability of the 1.0 layer to provide frictionless liquidity.

Piggybacking 2.0 functions on top of a 1.0 blockchain abuses the blockchain.  There are better, vastly more efficient ways to fund distributed storage.  There is a reason why powerline internet never took off.  In that analogy, the copper plant is like the blockchain, power is like the currency (1.0) function, and internet and its apps are like the 2.0++ protocols.

Yes, a privacy-enhanced DAE would be a big hit.  No, it should not be embedded in XMR.  It might relate to XMR via side-chains (haven't thought about that much) but please, not in the core.

Trustless liquidity is everything.  

I personally have no syncing issues at present.

hi, i'm the only one with problem sync ing today?

where can I find the simplewallet.log file?

I am looking for a transaction where I sent to poloniex without the payment id, trying to redeem it...i know you guys probably get this all day, we should gang up on poloniex and tell them to get the shit together haha!

Look at the top few coins and look how many votes they've paid for, there are several with less than 1BTC pledged yet 15k + votes.

 If the demand is there then it can be voted on without paying. You are able to vote once an hour each meaning we could get 20k votes in a day by 833 people voting every hour, without anyone paying a penny, that seems like an easy feat to me.

 Like I say I understand the premise but its a non issue to be honest. I'd agree if the top coins on the list had 20BTC + pledged but thats not the case.

I agree, I just don't like Mintpal paid voting. :p


No worries, I just really dislike the paid voting thing, It feels like we have to beg the Mintpal Gods for listing Monero, when Monero is most certainly more substantial than almost every other coin they have on that exchange.

the most important thing on mintpal is that the user base gets much wider when we get it there - I think we will not see the sickest increase in price due to some very smart guys here who also have a long term interest in the currency.

but additional liquidity and a wider userbase is definetely helpful.

poloniex was fine for the beginning but this currency is worth spreading.