Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 764. (Read 4671575 times)

Size blokchain currently more than 9 GB, it takes a lot of space on the storage system ssd. There is a lite version?

Regarding the implementation and timeline of Monero Confidential Transactions (CT), I spotted the following Q&A on r/monero:

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If you pay any reasonable amount on power then you cant even come out even.
The I7 950 doesn't support AES which is needed to get any normal hashrate.
Also the gtx460 is probably a loser

OK, thanks :-)

Hi
Only to know : do you think it's worth mining Monero on my

Intel Core i7 950 @ 3.07GHz
12,0 Go Triple-Channel DDR3 @ 532MHz (7-7-7-20) Corsair (3*4) CMX12GX3M3A2000C9
Gainward Golden Sample GeForce GTX 460 1023MB (I can overclock it quite easily)

?

If yes, what miner (Windows 10 x64) do you advice me, please  ? Never mined any coin ! 

Thanks 

 
So, relevant crosspost from the Speculation topic: Here's my new story whenever someone tells me how "impossible" it is for Monero to ever reach or exceed the Bitcoin network: 
 

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Pretend there are only two cell phone providers, PubTel and PrivTel.  Both have a unique structure.... they give away free cell phones, but their cell phone minutes (and data plans) cost more the more people are on their network. 
 
So if there are few users, the cell phone minutes and data are extremely cheap, and with many users they become extremely expensive.  There are other providers, but many have large technical flaws so it's really down between these two for any real competition. 
 
Oh, and one more important point: There's no inter-network capabilities: if you want to talk to PrivTel customers or message them, you have to use a PrivTel phone.  If you want to talk to PubTel's customers, you have to use their phone and PubTel minutes/data.  Nothing says you can't own both phones, if you pay for them, but each network remains separate from the other. 
 
Oh, and one last fact: PubTel launched first and has a much bigger network that PrivTel, but the way they work, anyone (users and non-users) can log onto PubTel.com and see a complete record of any user's calls, texts, and data usage.  Some have criticized this, but many say that it doesn't matter: do you really care if strangers can see that you called your girlfriend, texted your mom you 'love her', or visited CNN?  Only criminals and people with something to hide mind the public nature of the PubTel network.  PubTel might have no privacy and be a lot more expensive, but they have the biggest network and many think this assures their continued dominance. 
 
PrivTel is a much smaller network, and not as many people are on it yet.  The good news is that because of this minutes and data are orders of magnitude cheaper!  Also, it has totally private billing.  No one can see who you call, and no one can see what websites you visit or what your text messages are.  It's obvious that this is a huge advantage, but PrivTel is currently a little harder to use (but getting easier) and you can't call as many people with it yet. 
 
People make the ridiculous claim that PrivTel might have some limited future... but will never match or exceed the PubTel network. 
 
Do you see how insane that claim is? 

I actually think that the private ledger stuff is mainly hype, though there's always the possibility that some sort of innovation can arise from it. Even junseth leaves open a remote possibility that something innovative comes from it, he just isn't placing his bets on it. I see proof of work, publicly mined, decentralized ledgers (the real blockchains) as being the overwhelming innovation in this space, with this private ledger stuff sounding like a veiled database technology pitch.

Edit: Anyway, I've gone off-topic.

I agree. The last one I heard was about that private ledger startup. It just seems that they are parroting ideas without really understanding them. Not to mention their lack of basic respect to anyone/anything they want to criticize. But I guess that is what makes people listen to them...

Thank you - this works

https://github.com/tsiv/ccminer-cryptonight

Their ignorance is quite salient..

Hey,

I'm new to monero - can anyone help me to set up my GPU miner?

GPU: Nvidia Quadro K1000M
Cuda: yes
Driver: 345.35
OS: Win 7 64 Bit


Which miningsoftware do I need?

That's what bothers me about this one, because on other Bitcoin topics, they're actually spot on.

They don't sound like smart guys at all. They should make a favor to themselves and avoid talking blindly on matters they have no clue about.
It's false that there is no developer working on Monero. It's false that there is no peer-review, or people judging the fungibility and privacy degrees of various approaches proposed here and there.

They sound truly idiotic to me, like somebody only knowing addition and then mocking multiplication with a mocking voice "yeah mmm multiplication... it's backed by maths. Hahaha...".

He's a smart guy who's right about a number of things, but I've told him that he's coming across as trolling in this latest one, rather than learning more about ring signatures and just reading/digesting what fluffypony has written to him here: https://www.reddit.com/r/Bitcoin/comments/3ojjkq/can_someone_help_me_understand_the_claims_of/cvxwq10

Unfortunately, junseth also doesn't like walls of text, so there may be little hope.

I don't know if you can call that criticism. Seems more like ignorance.

Further criticism of Monero from junseth on the latest Bitcoin Uncensored, at the 1 hour, 2 minute, 39 second mark:
https://soundcloud.com/bitcoinuncensored/e12-touchy-subjects-102515

Good job, and thanks for adding NSFW.

Here's the same thing, but with no furry pr0n:  http://imgur.com/FuYRKSG

Thank you !
Yes my blockchain 0.8.8.6 is a .bin format, not a .mdb. And for information I use the latest version of MoneroX as GUI, if that matters. Very sad the author is going to stop developing this frontend.
GingerAle, funny you spoke about data compression... 2 days ago, as I like data compression tests with several "rare" or new compressors, I tried to compress my blockchain, only to see what happens and the possible differences between compressors. Interesting results, but not finished my comparative yet, I'll post here once done, for information.

How long is the new database version expected to be in testing before it can be officially released?