[XMR] Monero - A secure, private, untraceable cryptocurrency - page 2029.

Broker69

newbie

Activity: 5

Merit: 0

Quote from: GreekBitcoin on May 16, 2014, 04:19:46 PM

Quote from: BlockChains on May 16, 2014, 04:04:23 PM

Quote from: heskey on May 16, 2014, 03:57:27 PM

Quote from: GreekBitcoin on May 16, 2014, 03:52:06 PM

Quote from: heskey on May 16, 2014, 03:49:55 PM

Number of MRO in existence so far?

Around 740000. I multiply number of blocks which is almost 43000 with an avergae block payout which i put 17.2.

Thanks! That means the Monero marketcap is around $300,000 as of now

And Dark Coin's is $25 Million, so a lot of potential here.

And remember that CN coins anonymity doesn't rely on master nodes so it is better than darkcoin. i cant see a reason why monero cant also be in the millions once news of it are spread

Though we still need a nice GUI and pools.

need some help, please.

I read read up on the darkcoin dev history threads that the master nodes are useful to provide random mixing. the price of having a node is to make it costly to game the network. the anonymity is not native, that is a given.

They also have ring signatures, I2P and IP obfuscation planned. Not sure that some of this will actually work with the master node network.

Before I put any more into MRO, will MRO be able to convince people invested in darkcoin to switch away or attract new investors given the exposure darkcoin is having?

Spollie

newbie

Activity: 13

Merit: 0

Quote from: surfer43 on May 16, 2014, 05:11:07 PM

Quote from: eizh on May 16, 2014, 05:07:24 PM

Quote from: GreekBitcoin on May 16, 2014, 05:03:55 PM

i think its moneropool.com

Oh, they seem to be two separate pools.

Yes, they are separate pools. Is anyone getting "400 Bad Request" when trying to access moneropool.org?

Yep, bad request.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: eizh on May 16, 2014, 05:07:24 PM

Quote from: GreekBitcoin on May 16, 2014, 05:03:55 PM

i think its moneropool.com

Oh, they seem to be two separate pools.

Yes, they are separate pools. Is anyone getting "400 Bad Request" when trying to access moneropool.org?

eizh

hero member

Activity: 560

Merit: 500

Quote from: GreekBitcoin on May 16, 2014, 05:03:55 PM

i think its moneropool.com

Oh, they seem to be two separate pools.

BlockChains

member

Activity: 111

Merit: 10

Quote from: anonymousxx1503 on May 16, 2014, 04:55:39 PM

What I'm wondering is what Evan has reserved for V2 of Darkcoin. Ring Signatures have been announced but what I'm wondering is how they integrate into the Masternode concept. It's gonna be interesting to see. I don't think anoncoin is any competition right now, the runners are Darkcoin, Monero and Zerocash whenever it comes out. Let's see!

I know Evan said that but two problems jump out right away when I read that.

1. Switching to a non masternode concept would incentivize a significant percentage of those who bought 1000 hoping for passive income to dump their holdings.

2. I'm not sure it could really even be done as a standard fork while piggy backing on a coin that is based of BTC algorithm. The only way I can see it really working is if he creates a whole new cryptonote coin, names it Dark (2 or something) and then offers an exchange like 1 old dark for 1 new dark to the holders, similar to what CaiShen just did.

I don't really see a problem with him implementing it, but it would definitely put a damper on the price for a while and in that case why not just be in Monero. It's already here, already uses CryptoNote and has more Hero members sniffing its ass than any Alt I've seen in a while.

That's not to write Evan and Dark off completely. I'd like an eduffield CryptoNote coin as the man is clearly extremely innovative, works his ass off and it would be really neat to see what he does with it. I'd love to see some healthy competition in the exciting new sphere of CryptoNote coins.

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: eizh on May 16, 2014, 05:02:37 PM

Pool owners,

Please PM me your URLs so I can start listing them in the OP. Just as heads up, I will temporarily delist any pool that gets too big (>20% of the network).

So far I have:

http://moneropool.org/
http://extremepool.org/
http://monerominers.com/pool

i think its moneropool.com

eizh

hero member

Activity: 560

Merit: 500

Pool owners,

Please PM me your URLs so I can start listing them in the OP. Just as a heads up, I will temporarily delist any pool that gets too big (>20% of the network).

So far I have:

http://moneropool.org/
http://extremepool.org/
http://monerominers.com/pool

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: GreekBitcoin on May 16, 2014, 04:57:22 PM

Quote from: haggis on May 16, 2014, 04:31:50 PM

Man, I would join this coin if it wouldn't be already that expensive. At the current rate of .0012BTC and max 18.4m coins it has already a market cap of > $9m Sad

why would you calculate market cap with max supply when this will happen in about 8 years from now?

Market cap is usually pretty meaningless with alts. Initial coin value is usually set by the quality of the coin. It seems to me like higher values later are set by pump teams. Or the occasional rumor of real world adoption etc.

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: haggis on May 16, 2014, 04:31:50 PM

Man, I would join this coin if it wouldn't be already that expensive. At the current rate of .0012BTC and max 18.4m coins it has already a market cap of > $9m Sad

why would you calculate market cap with max supply when this will happen in about 8 years from now?

anonymousxx1503

hero member

Activity: 532

Merit: 500

Quote from: BlockChains on May 16, 2014, 04:34:21 PM

Quote from: GreekBitcoin on May 16, 2014, 04:19:46 PM

And remember that CN coins anonymity doesn't rely on master nodes so it is better than darkcoin. i cant see a reason why monero cant also be in the millions once news of it are spread

Though we still need a nice GUI and pools.

Yeah. The main thing that made me a (tentative) believer in CN is that AnonyMint didn't seem to have many objections. He's pretty good at rippingholes in things. His main contention was that it will be hard to prune the blockchain. As data storage is cheap and getting cheaper I don't find that to be a serious drawback.

With masternodes I'm pretty sure the intelligence arm can backdoor into all of them and thus DRK is rendered just as transparent as the traditional cryptos.

What I'm wondering is what Evan has reserved for V2 of Darkcoin. Ring Signatures have been announced but what I'm wondering is how they integrate into the Masternode concept. It's gonna be interesting to see. I don't think anoncoin is any competition right now, the runners are Darkcoin, Monero and Zerocash whenever it comes out. Let's see!

Spollie

newbie

Activity: 13

Merit: 0

Another mining pool is up at http://monerominers.com/pool or http://46.249.39.82/pool for those with a slow dns

It's a fast server based in Europe, so go right ahead and start mining

To start mining:
simpleminer --pool-addr=46.249.39.82:5555 --login= --pass

Payouts don't work yet, but will be done manually for now.

Happy mining!

BoscoMurray

sr. member

Activity: 450

Merit: 250

Quote from: policymaker on May 16, 2014, 04:33:22 PM

how much time to sync without the blockchain? I cant realize where to put the chain in order for the wallet to use it. srsly.

long time.

are you on windows 7 or 8? If so, it goes here: C:\Users\%username%\AppData\Roaming\Bitmonero\blockchain.bin

BlockChains

member

Activity: 111

Merit: 10

Quote from: haggis on May 16, 2014, 04:31:50 PM

Man, I would join this coin if it wouldn't be already that expensive. At the current rate of .0012BTC and max 18.4m coins it has already a market cap of > $9m Sad

The Market Cap at least on Coinmarketcap.com doesn't factor in eventual supply, only present supply. If we assume that in 2 months there are a lot of the typical features associated with alts and a supply of ~2 million coins in the market place then even a price of .0015 XBT at that time will be around $1.35 Million at present XBT/USD rates.

DRK coin currently has a $25 million market cap and at full issuance (~22 million coins) would be worth ~$129 Million. So I have to say $9 Million full issuance market cap is looking quite cheap.

BlockChains

member

Activity: 111

Merit: 10

Quote from: GreekBitcoin on May 16, 2014, 04:19:46 PM

And remember that CN coins anonymity doesn't rely on master nodes so it is better than darkcoin. i cant see a reason why monero cant also be in the millions once news of it are spread

Though we still need a nice GUI and pools.

Yeah. The main thing that made me a (tentative) believer in CN is that AnonyMint didn't seem to have many objections. He's pretty good at rippingholes in things. His main contention was that it will be hard to prune the blockchain. As data storage is cheap and getting cheaper I don't find that to be a serious drawback.

With masternodes I'm pretty sure the intelligence arm can backdoor into all of them and thus DRK is rendered just as transparent as the traditional cryptos.

policymaker

full member

Activity: 210

Merit: 100

Crypto Currency Supporter

how much time to sync without the blockchain? I cant realize where to put the chain in order for the wallet to use it. srsly.

haggis

hero member

Activity: 984

Merit: 1000

Man, I would join this coin if it wouldn't be already that expensive. At the current rate of .0012BTC and max 18.4m coins it has already a market cap of > $9m Sad

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

NoodleDoodle will release his un-de-optimizations later. Please, wait for him to test the bug fixes extensively on every platform to ensure they don't break the extreme stability of Monero or give linux an advantage over windows.

aloney

full member

Activity: 122

Merit: 100

Quote from: eizh on May 16, 2014, 03:38:35 PM

Noodle is doing some final tests on Windows and will begin testing on Linux. He expects hashrate should increase across all architectures. I can confirm a 5x increase on an i7 quad-core + Windows 7 64-bit.

Please be patient. These are actual changes to the program, not just a switch that gets flicked on. It needs testing.

good news , thank you eizh, now the hashrate increase twice just this day, hope this new tool chould make the mining more fair

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: BlockChains on May 16, 2014, 04:04:23 PM

Quote from: heskey on May 16, 2014, 03:57:27 PM

Quote from: GreekBitcoin on May 16, 2014, 03:52:06 PM

Quote from: heskey on May 16, 2014, 03:49:55 PM

Number of MRO in existence so far?

Around 740000. I multiply number of blocks which is almost 43000 with an avergae block payout which i put 17.2.

Thanks! That means the Monero marketcap is around $300,000 as of now

And Dark Coin's is $25 Million, so a lot of potential here.

And remember that CN coins anonymity doesn't rely on master nodes so it is better than darkcoin. i cant see a reason why monero cant also be in the millions once news of it are spread

Though we still need a nice GUI and pools.

dga

hero member

Activity: 737

Merit: 511

Quote from: ?? on ??

Quote from: dga on May 16, 2014, 02:19:49 PM

Quote from: BoscoMurray on May 16, 2014, 02:13:08 PM

Quote from: smooth on May 16, 2014, 01:53:50 PM

Quote from: aloney on May 16, 2014, 09:14:05 AM

i'm also waitting for a optimized cpu minning tool, it seems that somebody has that version, now it's unfair for vs whice use the old tool~~

Why would you do that when mining with the existing miner is still very profitable? (And I would add does not risk wasting your time mining unspendable coins or other problems, as happened to people using another too-hastily-released mining tool.) Testing is good. Be patient.

I mined with 4x Core i7 3770 for four days straight and didn't find a block. doesn't seem profitable to me. was I just unlucky?

What was your hash rate? Here's the computation for my i7-4770, which gets roughly 25 hashes/sec (I'm not at it now):

blocks/day = (86400*hashes/sec) / diff

Diff *now* is really high, but yesterday it was around 16,000,000, so:

86400*25/16000000 = 0.135

Which means that it should find a block every 1/0.135 = 7.4 days. Your 3770s are probably similar, so with 4 of them, you should find a block every 2 days or so. You could have been unlucky or maybe I over-estimated the hash rate you were getting.

With diff at 35m, you'll get a block every 4 days. I'd probably move to a pool, because while you should be getting 4-5 MRO per day from your setup, it'll be very bursty.

Huh? I have an i7-4770K, and I get ~35h/s. And I'm only using 6 threads, so I don't lock up the system if I try to compile something.

The K is a bit faster than the 4770 for this one, based on comparing notes with some other people. I was guessing from memory - it probably gets more like 29.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 2029. (Read 4671920 times)