Author

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 2121. (Read 4671924 times)

legendary
Activity: 1484
Merit: 1005
Im actually for prolonging the emission period to as long and fair as possible. If this coin is in fact intended to become a viable option with mass adoption in mind, 4 years is just not long enough. I have been mining (Bit)monero from day 2 and wouldnt mind if my stash gets halved (although I wouldnt mind if it just getting halved from here on 10000 blocks in the future either Wink ). Any way, we should discuss first and have a vote for it and we should have it soon because the earlier the easier, the better.

As smooth stated, this is a hard fork change and will be difficult to implement and get consensus on.  But it can still be discussed.
legendary
Activity: 2968
Merit: 1198
Im actually for prolonging the emission period to as long and fair as possible. If this coin is in fact intended to become a viable option with mass adoption in mind, 4 years is just not long enough. I have been mining (Bit)monero from day 2 and wouldnt mind if my stash gets halved (although I wouldnt mind if it just getting halved from here on 10000 blocks in the future either Wink ). Any way, we should discuss first and have a vote for it and we should have it soon because the earlier the easier, the better.

Realistically it seems like it is going to be hard to ever get ageement on the reverse stock split idea, so we'll likely have to do something else, or nothing. My favored plan is to move the reward curve out and then temporarily reduce the current rewards until the total drops to match the new curve, but there are other ideas being thrown around.

legendary
Activity: 2968
Merit: 1198
Why did Bitmonero change the block penalty free size from 10 kb to 20 kb? Doesnt that bloat the block chain by a factor of 2? Are there any merits in it? Can the limit change on its own, say miners in general decide to make larger blocks, thus raising the limit over time?

This was never explained. TFT thought it was a good idea, so he did it. No discussion or technical justification was given. 

According to the white paper the penalty-free block size is supposed to grow with 110% of the median block size. I haven't checked in the code to see if that is implemented correctly.

I did notice that the code for selecting transactions to include a block isn't very intelligent and can be improved. I guess that won't matter much until there are more transactions, and at that point it should be an easy fix.

legendary
Activity: 1022
Merit: 1000
Why did Bitmonero change the block penalty free size from 10 kb to 20 kb? Doesnt that bloat the block chain by a factor of 2? Are there any merits in it? Can the limit change on its own, say miners in general decide to make larger blocks, thus raising the limit over time?
legendary
Activity: 1022
Merit: 1000
Im actually for prolonging the emission period to as long and fair as possible. If this coin is in fact intended to become a viable option with mass adoption in mind, 4 years is just not long enough. I have been mining (Bit)monero from day 2 and wouldnt mind if my stash gets halved (although I wouldnt mind if it just getting halved from here on 10000 blocks in the future either Wink ). Any way, we should discuss first and have a vote for it and we should have it soon because the earlier the easier, the better.
legendary
Activity: 1022
Merit: 1000
tacotime already answered most of this but I'd add:

- With every renaming people get confused (BCN, BMR, MRO..?) you get my point.

Important point. This is not a rename of BCN. BCN was made public with 80% already mined. This coin was made as a fork of BCN to have a clean launch with no premine, no IPO, no block fee, etc.

Quote
- Pls create a new thread for technical help and one for discussion to keep some visibility.

Fantastic suggestion. New users shouldn't have to wade through all the discussion just get help, especially given the rough state of the software.




Ok, thx guys to take the time to address my points. I stopped following the 3-4 threads of Bytecoin/Bitmonero just 2 days ago and came back today, finding yet another renaming attempt (Monero is the best choice yet imho btw) and 4 more threads to follow, so I got a bit upset of the mess I found.
Im happy that apparently the interest in these coins picks up and we see more discussion going and more people joining but to avoid further confusion we should organise our infrastructure and resources.

Especially for new entrants to the threads, we should help them by keeping threads strictly dedicated to either technical help, development and general chatter. The IRC channel is a good place for technical discussion for well educated computer people but its less accessible and information gets lost after a short time. Therefore this forum is most approchable for the general audience and should serve as our prime medium for the moment imho.
With a website coming we could migrate to a dedicated forum once discussions branch out. But lets take over the Altchain forum first Wink
legendary
Activity: 2968
Merit: 1198
tacotime already answered most of this but I'd add:

- With every renaming people get confused (BCN, BMR, MRO..?) you get my point.

Important point. This is not a rename of BCN. BCN was made public with 80% already mined. This coin was made as a fork of BCN to have a clean launch with no premine, no IPO, no block fee, etc.

Quote
- Pls create a new thread for technical help and one for discussion to keep some visibility.

Fantastic suggestion. New users shouldn't have to wade through all the discussion just get help, especially given the rough state of the software.


legendary
Activity: 2968
Merit: 1198
I updated the info on The CPU Coin List to show the new name.

Why was Monero chosen as the new name?
It is "coin" in Esperanto.

Also it is said to be close to the word for money/coin/currency in many other languages.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
I updated the info on The CPU Coin List to show the new name.

Why was Monero chosen as the new name?
It is "coin" in Esperanto.
hero member
Activity: 938
Merit: 1001
I updated the info on The CPU Coin List to show the new name.

Why was Monero chosen as the new name?
legendary
Activity: 1484
Merit: 1005
Looks like you are synced or nearly synced, try restarting the daemon ("save" then "exit")
full member
Activity: 182
Merit: 100
Ask me about Karmacoin
one CPU been getting 4/30 synch ok

and the rest
2014-Apr-25 14:20:24.340452 [P2P1]Connecting to IP:18080(white=0, last_seen: d0.h0.m1.s25)...
2014-Apr-25 14:20:26.962602 [P2P9][IP:18080 OUT] COMMAND_HANDSHAKE INVOKED OK


is there something wrong?

No blocks are coming in with "set_log 1" entered in daemon?
2014-Apr-25 14:55:06.578549 [P2P3]----- BLOCK ADDED AS ALTERNATIVE ON HEIGHT 11087
id:   <265bf484821.........................c9fd>
PoW:   
difficulty:   297813
2014-Apr-25 14:56:16.650557 [P2P8][176.9.234.166:18080 OUT] SYNCHRONIZED OK

the next two messages before i typed set_log 1
edit: set_log 1
next few msges
HEIGHT 11095, difficulty:   295166
block reward: 17.407407651714(17.407407651714 + 0.000000000000), coinbase_blob_size: 310, cumulative size: 310, 1170(0/1170)ms
2014-Apr-25 15:02:20.374361 [P2P8][31.53.131.99:50069 INC]COMMAND_HANDSHAKE
2014-Apr-25 15:02:51.298130 [P2P5][24.141.81.36:39957 INC]COMMAND_HANDSHAKE
2014-Apr-25 15:02:57.401479 [P2P5][92.100.15.132:43175 INC]COMMAND_HANDSHAKE

2014-Apr-25 15:03:47.676354 [P2P5]Failed to invoke command 1002 return code -3
2014-Apr-25 15:03:47.681355 [P2P5][203.51.238.74:61571 INC]COMMAND_TIMED_SYNC invoke failed. (-3, LEVIN_ERROR_CONNECTION_DESTROYED)
2014-Apr-25 15:04:02.637210 [P2P6][24.141.81.36:39974 INC]COMMAND_HANDSHAKE
2014-Apr-25 15:04:25.168499 [P2P9]+++++ BLOCK SUCCESSFULLY ADDED
id:   
PoW:   <18294a2d4c0e6d0658b7c9ba97d9db26a247cbc0570a1c79b072c6fad62e0000>
HEIGHT 11096, difficulty:   294903
block reward: 17.407391050716(17.407391050716 + 0.000000000000), coinbase_blob_size: 346, cumulative size: 346, 1170(0/1170)ms
2014-Apr-25 15:04:41.109410 [P2P1]Failed to invoke command 1002 return code -3
2014-Apr-25 15:04:41.112411 [P2P1][31.53.131.99:50069 INC]COMMAND_TIMED_SYNC invoke failed. (-3, LEVIN_ERROR_CONNECTION_DESTROYED)
2014-Apr-25 15:04:41.120411 [P2P1]Failed to invoke command 1002 return code -3
2014-Apr-25 15:04:41.124411 [P2P1][31.53.131.99:50069 INC]COMMAND_TIMED_SYNC invoke failed. (-3, LEVIN_ERROR_CONNECTION_DESTROYED)
2014-Apr-25 15:05:12.143185 [P2P2][24.141.81.36:39987 INC]COMMAND_HANDSHAKE
2014-Apr-25 15:05:29.055153 [P2P7]+++++ BLOCK SUCCESSFULLY ADDED
id:   <18fed0c529f4d9256ca1aa16901e13a1f6237557f544e7e8397c7adc7dd2516c>
PoW:   
HEIGHT 11097, difficulty:   295114
block reward: 17.407374449735(17.407374449735 + 0.000000000000), coinbase_blob_size: 347, cumulative size: 347, 1155(0/1155)ms
2014-Apr-25 15:05:55.643674 [P2P5]+++++ BLOCK SUCCESSFULLY ADDED
id:   
PoW:   <359014a9487f767bca7152ee9a9db15aed46fec4f1815e2addd94f2bab1f0000>
HEIGHT 11098, difficulty:   294718
block reward: 17.407357848769(17.407357848769 + 0.000000000000), coinbase_blob_size: 347, cumulative size: 347, 1139(0/1139)ms
2014-Apr-25 15:05:58.134816 [P2P7]+++++ BLOCK SUCCESSFULLY ADDED
id:   <699d1bbd4bcb311d67a9d65f0233202d56384fdc4ae0c2d68537371d1a025222>
PoW:   <82f30ed660946a7e30eef57fe141434828bc654fd97912289940f05c4f100000>
HEIGHT 11099, difficulty:   294563
block reward: 17.407341247819(17.407341247819 + 0.000000000000), coinbase_blob_size: 346, cumulative size: 346, 1185(0/1185)ms
full member
Activity: 182
Merit: 100
Ask me about Karmacoin
one CPU been getting 4/30 synch ok

and the rest
2014-Apr-25 14:20:24.340452 [P2P1]Connecting to IP:18080(white=0, last_seen: d0.h0.m1.s25)...
2014-Apr-25 14:20:26.962602 [P2P9][IP:18080 OUT] COMMAND_HANDSHAKE INVOKED OK


is there something wrong?

No blocks are coming in with "set_log 1" entered in daemon?
2014-Apr-25 14:55:06.578549 [P2P3]----- BLOCK ADDED AS ALTERNATIVE ON HEIGHT 11087
id:   <265bf484821.........................c9fd>
PoW:   
difficulty:   297813
2014-Apr-25 14:56:16.650557 [P2P8][176.9.234.166:18080 OUT] SYNCHRONIZED OK

the next two messages before i typed set_log 1
edit: set_log 1
next few msges
HEIGHT 11095, difficulty:   295166
block reward: 17.407407651714(17.407407651714 + 0.000000000000), coinbase_blob_size: 310, cumulative size: 310, 1170(0/1170)ms
2014-Apr-25 15:02:20.374361 [P2P8][31.53.131.99:50069 INC]COMMAND_HANDSHAKE
2014-Apr-25 15:02:51.298130 [P2P5][24.141.81.36:39957 INC]COMMAND_HANDSHAKE
2014-Apr-25 15:02:57.401479 [P2P5][92.100.15.132:43175 INC]COMMAND_HANDSHAKE
legendary
Activity: 1484
Merit: 1005
one CPU been getting 4/30 synch ok

and the rest
2014-Apr-25 14:20:24.340452 [P2P1]Connecting to IP:18080(white=0, last_seen: d0.h0.m1.s25)...
2014-Apr-25 14:20:26.962602 [P2P9][IP:18080 OUT] COMMAND_HANDSHAKE INVOKED OK


is there something wrong?

No blocks are coming in with "set_log 1" entered in daemon?
full member
Activity: 182
Merit: 100
Ask me about Karmacoin
one CPU been getting 4/30 synch ok

and the rest
2014-Apr-25 14:20:24.340452 [P2P1]Connecting to IP:18080(white=0, last_seen: d0.h0.m1.s25)...
2014-Apr-25 14:20:26.962602 [P2P9][IP:18080 OUT] COMMAND_HANDSHAKE INVOKED OK


is there something wrong?
hero member
Activity: 560
Merit: 500

Hah, so this is what Noodle was talking about when he asked who turned on the botnet for BCN. Cheesy
legendary
Activity: 1484
Merit: 1005
well i have been mining more then 36 hrs with 4 h/s and havent found anything.
Same goes with my 2 h/s older CPU.


i guess i must be one of those "unlucky" fellas


pm me an address, i will send you some coins. Smiley
full member
Activity: 182
Merit: 100
Ask me about Karmacoin
well i have been mining more then 36 hrs with 4 h/s and havent found anything.
Same goes with my 2 h/s older CPU.


i guess i must be one of those "unlucky" fellas
hero member
Activity: 560
Merit: 500
For people wanting to figure out how many blocks they'll get per day:

- Divide difficulty by 60 to get H/s of the network, eg 300,000 / 60 = 5000 H/s
- Divide your H/s by this, eg 10 H/s / 5000 H/s = 0.002
- Multiply this by the number of blocks per day (24 * 60) to get your per day block probability, eg 0.002 * 24 * 60 = 2.88 blocks per day.

And multiply blocks by 17.59 to get the number of coins.
Jump to: