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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 511. (Read 4671924 times)

legendary
Activity: 1260
Merit: 1008
http://monero.stackexchange.com/questions/1246/how-does-moneros-transaction-fees-change-according-to-price

Quote
dynamic fees currently do not exist yet and currently the fee is hardcoded
This concerns me. Unfortunately when Monero will be more widely adopted, hardforking will get harder and harder. Or at least consensus in what will be changed in the hardfork.

Quote
Monero's fees are not dependent on price. They are based on the size of the transaction (0.01 monero per kB, rounded up)
I know this is not easy to solve, but potentially a big problem when the price of a monero increases. As I said above, it could be that no future hardfork will take place / there is no consensus reached on how high the fee should be.


Monero is really elegant in it's dynamic block size and slowly decreasing blocksize, it learned from (the mistakes of) it's big brother. However the arbitrary and hardcoded fee amount feels very similar to Bitcoin's fixed block size. Any thoughts or ideas on this? Why (for example) can't I as a user determine the fee, and let the miner decide whether or not to include the transaction?

We dont have political crisis in this community. If FP proposes a hard fork to lower that value everyone will support it.

its hardcoded to an extent. Smooth mentioned a possibility a while ago, I think its on the technical improvement thread, about how the minimum fee can be adjusted by anyone - its just that you need to be able to mine that transaction into a block.

so, the pool operators *could* go ahead and lower the fees if they really wanted to....

edited to add - its obviously more complicated than that, and you'd have to compile your own code or connect your modded simplewallet to a remote daemon that has a lowered fee...... but this is all doable.
legendary
Activity: 1722
Merit: 1217
hello boyz n gals.


i was caught by me missus brazzers subscription ,  consider i can pay xmr to porn . i am addicted to the porn stars on site  Angry

Sure buddy if "brazzers" accepts bitcoin you can either use xmr.to or shapeshift.io to pay in monero.
legendary
Activity: 1722
Merit: 1217
http://monero.stackexchange.com/questions/1246/how-does-moneros-transaction-fees-change-according-to-price

Quote
dynamic fees currently do not exist yet and currently the fee is hardcoded
This concerns me. Unfortunately when Monero will be more widely adopted, hardforking will get harder and harder. Or at least consensus in what will be changed in the hardfork.

Quote
Monero's fees are not dependent on price. They are based on the size of the transaction (0.01 monero per kB, rounded up)
I know this is not easy to solve, but potentially a big problem when the price of a monero increases. As I said above, it could be that no future hardfork will take place / there is no consensus reached on how high the fee should be.


Monero is really elegant in it's dynamic block size and slowly decreasing blocksize, it learned from (the mistakes of) it's big brother. However the arbitrary and hardcoded fee amount feels very similar to Bitcoin's fixed block size. Any thoughts or ideas on this? Why (for example) can't I as a user determine the fee, and let the miner decide whether or not to include the transaction?

We dont have political crisis in this community. If FP proposes a hard fork to lower that value everyone will support it.
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
hello boyz n gals.


i was caught by me missus brazzers subscription ,  consider i can pay xmr to porn . i am addicted to the porn stars on site  Angry

Hahahah, what makes this even more hilarious to me isn't just the terrible English; it's the fact that I was totally expecting a  Wink or a  Cool emoji after that sentence instead of a  Angry .

I don't know why I find this so funny, but I can't stop laughing.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
http://monero.stackexchange.com/questions/1246/how-does-moneros-transaction-fees-change-according-to-price

Quote
dynamic fees currently do not exist yet and currently the fee is hardcoded
This concerns me. Unfortunately when Monero will be more widely adopted, hardforking will get harder and harder. Or at least consensus in what will be changed in the hardfork.

Quote
Monero's fees are not dependent on price. They are based on the size of the transaction (0.01 monero per kB, rounded up)
I know this is not easy to solve, but potentially a big problem when the price of a monero increases. As I said above, it could be that no future hardfork will take place / there is no consensus reached on how high the fee should be.


Monero is really elegant in it's dynamic block size and slowly decreasing block reward, it learned from (the mistakes of) it's big brother. However the arbitrary and hardcoded fee amount feels very similar to Bitcoin's fixed block size. Any thoughts or ideas on this? Why (for example) can't I as a user determine the fee, and let the miner decide whether or not to include the transaction?
newbie
Activity: 1
Merit: 0
hello boyz n gals.


i was caught by me missus brazzers subscription ,  consider i can pay xmr to porn . i am addicted to the porn stars on site  Angry
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Everyone in this thread already blew their load by being so hyper bullish (not even saying they are wrong to be hyper bullish even in the short to medium term, just saying what is probably the truth). I wonder what price will bring the rodger vers of the world out of the woodwork.

Not everyone. Tongue I think I've called things pretty consistently as well as pretty spot one these last few years. And instead of thank you's I get insulted by n00bs! Lol


is monero threatened by the current zion crowdsale? which is essentially a tor marketplace and a monero clone- https://bitcointalksearch.org/topic/ann-zion-project-zion-final-24hours-of-crowdsale-1604526

no just another ico/premine/instamine shitcoin

Absolutely... Angry

thats the shitcoin he first tried to call Monero classic. Get ready to get dumped on Zion bagholders, you were all forwarned.
sr. member
Activity: 476
Merit: 250
is monero threatened by the current zion crowdsale? which is essentially a tor marketplace and a monero clone- https://bitcointalksearch.org/topic/ann-zion-project-zion-final-24hours-of-crowdsale-1604526

no just another ico/premine/instamine shitcoin

Absolutely... Angry
sr. member
Activity: 306
Merit: 251
wolf-xmr-miner
Release 0.4

https://github.com/wolf9466/wolf-xmr-miner/releases
"Fixes lots of bugs with newer drivers - also adds a slight speedup, and many improvements like CPU mining from hyc."
Have you used this new Wolf release  0.4 on a mining pool or are you just solo mining?
Anyone know if any of the mining pools are set up for Wolf miner?  

Open the xmr.conf file. The pool setup is like this :

Code:
"pools":
[
{
"url": "stratum+tcp://xmr.crypto-pool.fr:6666",
"user": "your_XMR_address",
"pass": "x"
}
]


Some info here :
https://nerdralph.blogspot.fr/2016/09/monero-mining-on-linux.html

Thanks for this. Good info.  I appreciate the help.   I'm still using Windows and learning Linux a little each day.  Hope to have my mining set up on a linux build in the near future. 
legendary
Activity: 2156
Merit: 1131
wolf-xmr-miner
Release 0.4

https://github.com/wolf9466/wolf-xmr-miner/releases
"Fixes lots of bugs with newer drivers - also adds a slight speedup, and many improvements like CPU mining from hyc."
Have you used this new Wolf release  0.4 on a mining pool or are you just solo mining?
Anyone know if any of the mining pools are set up for Wolf miner?  

Open the xmr.conf file. The pool setup is like this :

Code:
"pools":
[
{
"url": "stratum+tcp://xmr.crypto-pool.fr:6666",
"user": "your_XMR_address",
"pass": "x"
}
]


Some info here :
https://nerdralph.blogspot.fr/2016/09/monero-mining-on-linux.html
sr. member
Activity: 306
Merit: 251
wolf-xmr-miner
Release 0.4


https://github.com/wolf9466/wolf-xmr-miner/releases

"Fixes lots of bugs with newer drivers - also adds a slight speedup, and many improvements like CPU mining from hyc."

Have you used this new Wolf release  0.4 on a mining pool or are you just solo mining?

Anyone know if any of the mining pools are set up for Wolf miner? 
member
Activity: 82
Merit: 10
is monero threatened by the current zion crowdsale? which is essentially a tor marketplace and a monero clone- https://bitcointalksearch.org/topic/ann-zion-project-zion-final-24hours-of-crowdsale-1604526

no just another ico/premine/instamine shitcoin
legendary
Activity: 1722
Merit: 1217
Everyone in this thread already blew their load by being so hyper bullish (not even saying they are wrong to be hyper bullish even in the short to medium term, just saying what is probably the truth). I wonder what price will bring the rodger vers of the world out of the woodwork.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
its time to buy some? Grin
cheap
I think yes its cheap at the current price, price may get pumped soon as price is under 0.02 BTC now for few days. May be some whales are also accumulating currently so pump may come soon.  Wink
newbie
Activity: 40
Merit: 0
New Monero mining pool, please support it. http://pool.monero.org
[ANN]  https://bitcointalksearch.org/topic/poolmoneroorg-monero-xmr-mining-pool-new-0-fee-now-1615748

I have started a monero pool here http://pool.monero.org and willing to make it the biggest open source pool.
You are welcome to mine there, i will contact monero developers and going to giveaway some of pool fees to them.
I use only Xeon bare metal servers to run it.

Welcome to http://pool.monero.org mining!

Point your miners to pool.monero.org

CPUMiner (forked by LucasJones & Wolf) - MINERD
Code:
minerd -a cryptonight -o stratum+tcp://pool.monero.org:3333 -u YOUR_WALLET_ADDRESS -p x

YAM Miner (by yvg1900)

Code:
yam -c x -M stratum+tcp://YOUR_WALLET_ADDRESS:[email protected]:3333/xmr

Claymore CPU Miner
Code:
NsCpuCNMiner64 -o stratum+tcp://pool.monero.org:3333 -u YOUR_WALLET_ADDRESS -p x

Claymore GPU Miner
Code:
NsGpuCNMiner -o stratum+tcp://pool.monero.org:3333 -u YOUR_WALLET_ADDRESS -p x

ccminer (forked by tsiv)
Code:
ccminer -o stratum+tcp://pool.monero.org:3333 -u YOUR_WALLET_ADDRESS -p x
newbie
Activity: 41
Merit: 0
wolf-xmr-miner
Release 0.4


https://github.com/wolf9466/wolf-xmr-miner/releases

"Fixes lots of bugs with newer drivers - also adds a slight speedup, and many improvements like CPU mining from hyc."
legendary
Activity: 2744
Merit: 1288
There was a Chinese guy doing some thing a while back



https://bitcointalksearch.org/user/xmrchina-523891

I remember he did some translations and stuff but it seems he was not here from 4th July and even moths before was not that active.




PS:

Missing on 4th July sounds like a movie title. Bruce Wills could take the leading role.

Oh no, Jackie Chan in this case.
legendary
Activity: 1624
Merit: 1008
There is an official Polo thread but they don't respond there any more.  May I suggest that you contact them directly.
legendary
Activity: 3570
Merit: 1959
A little off topic but I thought this group could help. I have a lot of questions about Poloniex concerning XMR and ETH/ETC. Seems like they automatically split my Ether account to 50/50 ETH/ETC during the fork.

Is there a main, or official, Poloniex thread that goes over what's happening on the exchange? I tried searching without any luck.

Not that I'm aware of other than their announcements/twitter and maybe... the trollbox?

I personally enjoy monero-trolls over on monero.slack.com - it's filtered trollbox posts about Monero/XMR... funny stuff. Cheesy

Edit -  yes anyone holding eth at the time they listed ETC got duplicated amounts of it for whatever amount you had in ETH.

They did not split your account balance at all, you were given basically free ETC, because the chains broke into two, creating two new coins.
sr. member
Activity: 442
Merit: 250
Found Lost beach - quiet now
A little off topic but I thought this group could help. I have a lot of questions about Poloniex concerning XMR and ETH/ETC. Seems like they automatically split my Ether account to 50/50 ETH/ETC during the fork.

Is there a main, or official, Poloniex thread that goes over what's happening on the exchange? I tried searching without any luck.
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