[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1883.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: hbadger on June 03, 2014, 06:35:39 PM

I doubt you can attract investors if something like this is not clearly defined.

I could make exactly the opposite argument. Namely that you won't attract investors effectively if something is too inflexibly defined before the long term effects of that rigid decision are understood. Sure BTC is doing okay, but really nobody knows what the hell is going to happen when the rewards run out. In fact every somewhat credible analysis I've seen suggests it will be bad.

As an investor, I'd rather see some flexibility retained until a system that is clearly workable is invented, rigorously scrutinized, and well-tested in the real world. That hasn't happened yet.

If you really want a 100% fixed or 100% locked-in supply then this coin is not for you.

hbadger

newbie

Activity: 42

Merit: 0

Quote

A minimum subsidy may be implemented in the future with <1% inflation to preserve mining incentives.

I'm a little scared of this to be honest.

Can you guys make up your mind about it?

Is it going to be a % or a fixed amount of coins?

I doubt you can attract investors if something like this is not clearly defined.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: monerochain on June 03, 2014, 05:50:51 PM

I'd like to point out what I think is a scalability issue that has been bothering me for some days. Please correct me if I'm wrong.

The current implementation of the daemon loads and keeps the entire blockchain in memory, thus consuming quite a lot of RAM (more than 700MB for me), an amount that keeps increasing as the blockchain grows. This issue is also present in Bytecoin's implementation (and all of its forks, actually) where it's getting really annoying. I think it's a waste of resources, and many modest machines (like cheap virtual servers) will soon be unable to run it well. Yeah, one could use swap space and to keep it running but it gets really inefficient.

I'm not aware if this issue has been pointed out by someone else, please let me know if it has been discussed previously. I'd like to know whether this is being dealt with and how.

It isn't just a "waste of resources" since there is also a benefit to storing the chain in RAM. You get more much faster and lower latency access to the chain for verification purposes. RAM databases are actually a thing now.

Scalability yes. But that being a pressing issue is a long way off.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: smooth on June 03, 2014, 05:36:08 PM

Quote from: Its About Sharing on June 03, 2014, 05:33:33 PM

Any paper wallets for Monero?

Just dump the .keys file with a hex dump program (for example hd on linux) and print that out. They are only 289 bytes.

It works.

Quote from: monerochain on June 03, 2014, 05:50:51 PM

I'd like to point out what I think is a scalability issue that has been bothering me for some days. Please correct me if I'm wrong.

The current implementation of the daemon loads and keeps the entire blockchain in memory, thus consuming quite a lot of RAM (more than 700MB for me), an amount that keeps increasing as the blockchain grows. This issue is also present in Bytecoin's implementation (and all of its forks, actually) where it's getting really annoying. I think it's a waste of resources, and many modest machines (like cheap virtual servers) will soon be unable to run it well. Yeah, one could use swap space and to keep it running but it gets really inefficient.

I'm not aware if this issue has been pointed out by someone else, please let me know if it has been discussed previously. I'd like to know whether this is being dealt with and how.

The boolberry devs are working on storing the blockchain in a database so it won't be stored entirely in RAM.

monerochain

newbie

Activity: 12

Merit: 0

I'd like to point out what I think is a scalability issue that has been bothering me for some days. Please correct me if I'm wrong.

The current implementation of the daemon loads and keeps the entire blockchain in memory, thus consuming quite a lot of RAM (more than 700MB for me), an amount that keeps increasing as the blockchain grows. This issue is also present in Bytecoin's implementation (and all of its forks, actually) where it's getting really annoying. I think it's a waste of resources, and many modest machines (like cheap virtual servers) will soon be unable to run it well. Yeah, one could use swap space and to keep it running but it gets really inefficient.

I'm not aware if this issue has been pointed out by someone else, please let me know if it has been discussed previously. I'd like to know whether this is being dealt with and how.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Its About Sharing on June 03, 2014, 05:33:33 PM

Any paper wallets for Monero?

Just dump the .keys file with a hex dump program (for example hd on linux) and print that out. They are only 289 bytes.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Any paper wallets for Monero?

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: ?? on ??

Quote

Just place that huge buy order on poloniex. All at once.

Sure thing buddy.

I promise I'll sell all my XMR into it. Grin

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: ?? on ??

Quote from: fluffypony on June 03, 2014, 04:42:49 PM

Quote from: ?? on ??

Also posted in the MRO trading thread but it seems kinda dead. Looking to make a large batch purchase of monero. Any sellers contact me by PM.

That's what the exchanges are for:)

Shitty volume on the markets. Trivial amounts. Useless for a serious purchase.

Just place that huge buy order on poloniex. All at once.

sorryforthat

hero member

Activity: 994

Merit: 500

Quote from: ?? on ??

Quote from: fluffypony on June 03, 2014, 04:42:49 PM

Quote from: ?? on ??

Also posted in the MRO trading thread but it seems kinda dead. Looking to make a large batch purchase of monero. Any sellers contact me by PM.

That's what the exchanges are for:)

Shitty volume on the markets. Trivial amounts. Useless for a serious purchase.

Plenty of buy orders though

eizh

hero member

Activity: 560

Merit: 500

Quote from: ?? on ??

transfer 0 47sghzufGhJJDQEbScMCwVBimTuq6L5JiRixD8VeGbpjCTA12noXmi4ZyBZLc99e66NtnKff34fHsGR oyZk3ES1s1V4QVcB 4.14318 ce8684d7b51fda78c40b4491347ede5c6f5f20b6c8c0f6112b62eb5033575903
2014-Jun-04 04:40:11.654872 Error: transaction <857c79747a799ee1359011eb030514fe61b483e8cd684ace5b7b49578c9730d9> is too big. Transaction size: 102702 bytes, transaction size limit: 24400 bytes

...
Guess may be a question of the wallet, before we can normal business

Can't give payment id

Too much dust in your wallet (from pool mining?) so it takes many outputs to construct such a specific amount (4.14318). The maximum block size grows over time but right now you can get around it by sending multiple smaller transactions. Play around with numbers to see what works.

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: fluffypony on June 03, 2014, 04:42:49 PM

Quote from: ?? on ??

Also posted in the MRO trading thread but it seems kinda dead. Looking to make a large batch purchase of monero. Any sellers contact me by PM.

That's what the exchanges are for:)

I don't think he wants to disturb the market value.

eizh

hero member

Activity: 560

Merit: 500

Quote from: instacalm on June 03, 2014, 04:26:51 PM

New to Monero -- does this project have a multiplatform GUI client in the making?

Hi instacash, the Qt GUI farthest along is this one: https://github.com/Neozaru/bitmonero-qt

fluffypony

donator

Activity: 1274

Merit: 1060

GetMonero.org / MyMonero.com

Quote from: ?? on ??

Also posted in the MRO trading thread but it seems kinda dead. Looking to make a large batch purchase of monero. Any sellers contact me by PM.

That's what the exchanges are for:)

TTM

full member

Activity: 140

Merit: 100

Quote from: ?? on ??

Also posted in the MRO trading thread but it seems kinda dead. Looking to make a large batch purchase of monero. Any sellers contact me by PM.

Hmm why don't you go to exchanges ?

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: instacalm on June 03, 2014, 04:26:51 PM

Excuse my ignorance, new to Monero -- does this project have a multiplatform GUI client in the making?

Yep, there are actually a couple of people working on different implementations. There is a bounty link on the OP, you can get a feel for the progress that has been made so far.

instacalm

hero member

Activity: 798

Merit: 500

New to Monero -- does this project have a multiplatform GUI client in the making?

TTM

full member

Activity: 140

Merit: 100

Quote from: yangtaosn on June 03, 2014, 04:16:33 PM

2014-Jun-04 04:13:03.981774 Error: transaction is too big. Transaction size: 102845 bytes, transaction size limit: 24400 bytes

What's your mixin_count value ? Try to set it smaller, 1 is usually enough for your anonymous transaction.

LimLims

sr. member

Activity: 1204

Merit: 272

1xbit.com

Quote from: Spekulatius on June 03, 2014, 02:54:57 PM

Maybe you would like to step out of the lime light and reject responsibility for what is coming, call yourself a developer like Gavin and try to avoid having to make political decisions. Like it or not, each technical decision is a political decision. What you guys write into the code marks the barring for what is built on top of it. Make Monero as anonymous as possible and you make a political decision, introduce black lists (red lists á la Mike Hearn) and you make a political decision. It's in your power to make the right one. Luckily the community can help you guys to find the way. In this regard an open discussion regarding self-conception and strategy of this project is very important and about due. I encourage everybody to take part!

Not every implementation of financial privacy is or should be a platform for political activism.

yangtaosn

newbie

Activity: 52

Merit: 0

2014-Jun-04 04:13:03.981774 Error: transaction is too big. Transaction size: 102845 bytes, transaction size limit: 24400 bytes

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1883. (Read 4670606 times)