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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 896. (Read 4670673 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
No joy here, the blockchain_converter crashes after two or three hours (roughly 35% complete) like so:

Running on Win 7. If I get the chance I'll try it on a machine at work tomorrow and see if I have better luck.

Hmm, what about XP compatibility mode?  Run as Admin?  Safe mode(!)?  Turn off antivirus/updates, and misc crapware TSRs in TaskManager?

What is RAM use like?  Maybe increase swap file allocation?
full member
Activity: 183
Merit: 100
WARNING - these are not "official", as in, someone from the core dev team didn't compile them and gave them the a-ok. I'm putting them here for testing purposes. I compiled following the instructions on the github. Perhaps they are static? Perhaps you can run the LMDB version of bitmonerod on your win 64 box and only use 50 megs of ram?

https://mega.co.nz/#!5YNACDTJ!N0pIow27_Tfsx4dMfMq4HA11ZSlEt7L135HvYEOuBU8

perhaps you can swap in the relevant .exe files from the above into the /resources/software/ folder of MoneroX you can have a monero GUI on windows 64 that sips RAM like a fine wine?

AGAIN - don't trust these. Test them until you trust them. Make sure they do everything they should do. I tested them on the box I compiled on and another windows 7 box.

Hopefully someone will post the data.mdb download link.  

No joy here, the blockchain_converter crashes after two or three hours (roughly 35% complete) like so:



Running on Win 7. If I get the chance I'll try it on a machine at work tomorrow and see if I have better luck.
legendary
Activity: 1321
Merit: 1007
Blockstream just released testing environment for sidechain. The actual implementation is still a long way but i'm curious could sidechains theoretically kill all altcoins (including Monero) ? Let's say someone would copy Monero into monerosidechain, people can move value from bitcoin to monerosidechain with a fixed rate to take advantage of anonymity. Would that leave the purpose of holding Monero only for speculation ?

Unfortunately (for Bitcoin), a Monero sidechain would do nothing to improve Bitcoin's fungibility, nor would it be nearly as private.

Theoretically, yes, sidechains can obsolete altcoins. Probability, no, sidechains probably won't obsolete altcoins. But I do think it will take a large chunk of it in the future.

A Monero sidechain wouldn't improve Bitcoin's (protocol layer) fungibility, but it would create a larger network effect by having it's value pegged to the value of BTC and having the properties of XMR. Thus, eliminating the fear of holding XMR and having it's value drop. Personally, I think if Monero was on a sidechain, more people would use it because it's value would always be same as their BTC was.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Check this out...

Request for comments

http://voxelsoft.com/dev/sumcoin.pdf


Quote
Abstract
Sumcoin is peer-to-peer electronic cash where transaction amounts are
only visible to the sender and receiver. In each transaction, the output
amounts are encrypted with the public keys of the respective receivers.
Only the transaction fee is publicly revealed, to allow miners to prioritise
transactions. A homomorphic commitment for each transaction proves
that the sum of the transaction inputs matches the sum of its outputs.
A short Non-Interactive Zero-Knowledge Proof (NIZKP) for each out-
put also convinces all veri ers that the sum does not over ow. Address
construction includes an additional public view key to allow senders to
encrypt output values. This approach practically resolves a core privacy
issue in Bitcoin[1], but without overwhelming implementation complexity.
The required commitments are an order of magnitude smaller than those
initially proposed for Con dential Transactions[2].


In addition to standing on its own, Sumcoin can be implemented as a sidechain[42]
or integrated into the Monero (or Bitcoin) protocol as a hard fork with a new
transaction version. Unspent transaction pruning[43] is possible in Sumcoin
legendary
Activity: 2968
Merit: 1198
I mean, I guess the only possible utility it could have is if you essentially stayed in the sidechain. And who knows, maybe the sidechain is ultimately a trojan horse for bitcoin becoming opaque (if everyone's on the sidechain, what happens to the main chain?)

The rewards will continue on the main chain so for the next 100 years or so miners will continue to mine the main chain (and then move their rewards to the SC) even if no one else uses it. Of course, this makes the whole system far more needlessly complex and far less secure than a coin that just uses one chain (since it relies on merged mining with very dodgy security assumptions).
legendary
Activity: 1456
Merit: 1000
If i open my wallet 7/24/365 i got rewards from network??

No, you would have to run a miner and contribute some hashrate. 

I have coins mined from pool. or i need to mine direct on wallet?

You can do both I believe although I've always mined in a Pool.
legendary
Activity: 1260
Merit: 1008
POS grumblings = go find pebblecoin. He's doing POS nonsense on cryptonote. Good luck with that.

Sidechains - my take on sidechains, and I'm surprised no one really mentions this, is that common transparency with optional privacy (future bitcoin with sidechain) is not the same as common privacy with optional transparency (current monero with viewkey). Bitcoin with a private sidechain will be the same as you going to a bank and withdrawing $500k in cash. Your privacy is probably compromised. Now, this could be due to an assumption regarding the mechanisms of side chains, but as far as I understand things, you would send your bitcoin to a magic address (which is visible on the blockchain) where they would be locked, then your sidechain coins pop into existence, and off you go. Now you're telling me thats going to work? In what world of blockchain analysis / data scraping is that not a piece of data itself?

"Oh Jim put 500 bitcoin into a private transaction sidechain. No need to worry about that guy. He was probably just scared of being robbed. And now that his 500 bitcoin is invisible, I'll just forget that he ever had them"

I mean, I guess the only possible utility it could have is if you essentially stayed in the sidechain. And who knows, maybe the sidechain is ultimately a trojan horse for bitcoin becoming opaque (if everyone's on the sidechain, what happens to the main chain?)
legendary
Activity: 2268
Merit: 1141
Blockstream just released testing environment for sidechain. The actual implementation is still a long way but i'm curious could sidechains theoretically kill all altcoins (including Monero) ? Let's say someone would copy Monero into monerosidechain, people can move value from bitcoin to monerosidechain with a fixed rate to take advantage of anonymity. Would that leave the purpose of holding Monero only for speculation ?


(un)luckily sidechains are an incentive disaster due to the two way peg and its core developers wrong assumption regarding digital scarcity.

when they solve this ideological problem, which will probably never happen, altcoins could lose much of its credibility.

This only applies to Bitcoin clones, however I still see a future for non Bitcoin clones. Regarding XMR I still see a bright future for us. One still has to go from BTC -> anonymous sidechain -> back to BTC, so a three letter agency can still see if you went on the anonymous chain and thus making yourself not fully anonymous. Fluffypony told me he would write a more extensive post regarding this matter later this day, so let's wait for that as well Smiley

PS: Miners can also censor transactions coming from that chain, sidechains don't change a damn thing about the, in my opinion, flawed fungibility from Bitcoin. Regarding fungibility, check this post -> http://www.reddit.com/r/Bitcoin/comments/374ss5/the_problem_with_bitcoin_that_everyone_seems_to/ (credits to dnaleor).
hero member
Activity: 742
Merit: 500
Blockstream just released testing environment for sidechain. The actual implementation is still a long way but i'm curious could sidechains theoretically kill all altcoins (including Monero) ? Let's say someone would copy Monero into monerosidechain, people can move value from bitcoin to monerosidechain with a fixed rate to take advantage of anonymity. Would that leave the purpose of holding Monero only for speculation ?


(un)luckily sidechains are an incentive disaster due to the two way peg and its core developers wrong assumption regarding digital scarcity.

when they solve this ideological problem, which will probably never happen, altcoins could lose much of its credibility.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Blockstream just released testing environment for sidechain. The actual implementation is still a long way but i'm curious could sidechains theoretically kill all altcoins (including Monero) ? Let's say someone would copy Monero into monerosidechain, people can move value from bitcoin to monerosidechain with a fixed rate to take advantage of anonymity. Would that leave the purpose of holding Monero only for speculation ?

At present, Monero is the only serious game in town for privacy-coin speculation.  When available, I will try to be among the first to acquire NullCoins.   Cool

https://people.xiph.org/~greg/confidential_values.txt

Monero's technology and utility stands to benefit greatly from gmax's laudably innovative Confidential Transactions.

The e-cash pie is more than large enough for both BTC.CT and XMR.  Sidechains are only the end of the beginning, as BTC's Mother of All Blockchains assumes its rightful place as THE settlement backbone for any number of subordinate side/tree/daughter/alt chains.

No matter what, altcoins (esp. battle tested ones with independent codebases and vibrant ecosystems) will always have residual value as a hedge against catastrophic BTC failure.

Monopolist Maximalist Supremacists like Frap.doc may emit all manner of 'BUT BUT NETWORK AFFECT' flummery in protest of that idea, but crowds are fickle and entirely capable of turning on a dime in response to emerging/changing conditions.
hero member
Activity: 768
Merit: 505
There was talk about the missive being ready to go out the door weeks ago... any hints on when it may show up?

welp, with fluffy back, we did a recap of his magical monero mystery tour, so workin on that one.

I got a rough draft done. Any volunteers for transcribing?

PM me and I'll get yah a link.



PM sent.

I can transcribe at least some of it, if not all.

If anyone can recommend a decent voice to text program, I'm willing to help check and correct its output.

http://www.nuance.com/for-individuals/by-product/dragon-for-pc/index.htm ?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
There was talk about the missive being ready to go out the door weeks ago... any hints on when it may show up?

welp, with fluffy back, we did a recap of his magical monero mystery tour, so workin on that one.

I got a rough draft done. Any volunteers for transcribing?

PM me and I'll get yah a link.



PM sent.

I can transcribe at least some of it, if not all.

If anyone can recommend a decent voice to text program, I'm willing to help check and correct its output.
donator
Activity: 1722
Merit: 1036
It makes me sad too but it has enough other things going for it to allow me to get over the fact that it is senselessly destroying resources. If some competent developer were to come along and fork over to pos, I would move a portion of my holdings over to that fork. So long as block authors were selected randomly and not with something like peercoins coinage concept.

Some of the following questions may apply:

- Have you found the way to secure the network without expending resources?
- Have you found the way to secure the network with only a part of the value of new emission?
- Have you found the way to code this to the p2p software?
- Have you found the way to create value out of nothing and distribute it fairly?
- Who gets the newly created value?



PoW has its issues, but from the theoretical standpoint PoS issues are even greater if we are to build a system for the future where all can participate and have the incentive to do so. CKG has tried to alleviate these issues, yet is not a crypto, because securing a crypto takes energy. PoS is also not a decentralized crypto, it is a centralized fiat.
hero member
Activity: 795
Merit: 514
Blockstream just released testing environment for sidechain. The actual implementation is still a long way but i'm curious could sidechains theoretically kill all altcoins (including Monero) ? Let's say someone would copy Monero into monerosidechain, people can move value from bitcoin to monerosidechain with a fixed rate to take advantage of anonymity. Would that leave the purpose of holding Monero only for speculation ?

Unfortunately (for Bitcoin), a Monero sidechain would do nothing to improve Bitcoin's fungibility, nor would it be nearly as private.
donator
Activity: 1722
Merit: 1036
Blockstream just released testing environment for sidechain. The actual implementation is still a long way but i'm curious could sidechains theoretically kill all altcoins (including Monero) ? Let's say someone would copy Monero into monerosidechain, people can move value from bitcoin to monerosidechain with a fixed rate to take advantage of anonymity. Would that leave the purpose of holding Monero only for speculation ?

Monero has more important purposes than that.
sr. member
Activity: 300
Merit: 250
Blockstream just released testing environment for sidechain. The actual implementation is still a long way but i'm curious could sidechains theoretically kill all altcoins (including Monero) ? Let's say someone would copy Monero into monerosidechain, people can move value from bitcoin to monerosidechain with a fixed rate to take advantage of anonymity. Would that leave the purpose of holding Monero only for speculation ?
legendary
Activity: 1722
Merit: 1217
If i open my wallet 7/24/365 i got rewards from network??

No, you would have to run a miner and contribute some hashrate.  

You can solo mine in the wallet/node using start_mining and very rarely get rewards to the network. It does help secure the coin by decentralizing the hash rate the more different people are doing it. That would be the main reason to do it, not the rewards, which would be rare and small (unless you are using many computers).




Why Monero don't use PoS Sad i mine on pool and my wallet opened 7/24 on VPS. i think i got rewards from network.:/

Because it doesn't?

If you want PoS you want a different coin, simple as that.


ok boss

It makes me sad too but it has enough other things going for it to allow me to get over the fact that it is senselessly destroying resources. If some competent developer were to come along and fork over to pos, I would move a portion of my holdings over to that fork. So long as block authors were selected randomly and not with something like peercoins coinage concept.
hero member
Activity: 644
Merit: 502
There was talk about the missive being ready to go out the door weeks ago... any hints on when it may show up?

welp, with fluffy back, we did a recap of his magical monero mystery tour, so workin on that one.

I got a rough draft done. Any volunteers for transcribing?

PM me and I'll get yah a link.



PM sent.

I can transcribe at least some of it, if not all.
full member
Activity: 224
Merit: 100
All I want is a new CLEAN page for just to live!
If i open my wallet 7/24/365 i got rewards from network??

No, you would have to run a miner and contribute some hashrate.  

You can solo mine in the wallet/node using start_mining and very rarely get rewards to the network. It does help secure the coin by decentralizing the hash rate the more different people are doing it. That would be the main reason to do it, not the rewards, which would be rare and small (unless you are using many computers).




Why Monero don't use PoS Sad i mine on pool and my wallet opened 7/24 on VPS. i think i got rewards from network.:/

Because it doesn't?

If you want PoS you want a different coin, simple as that.


ok boss
legendary
Activity: 2968
Merit: 1198
If i open my wallet 7/24/365 i got rewards from network??

No, you would have to run a miner and contribute some hashrate.  

You can solo mine in the wallet/node using start_mining and very rarely get rewards to the network. It does help secure the coin by decentralizing the hash rate the more different people are doing it. That would be the main reason to do it, not the rewards, which would be rare and small (unless you are using many computers).




Why Monero don't use PoS Sad i mine on pool and my wallet opened 7/24 on VPS. i think i got rewards from network.:/

Because it doesn't?

If you want PoS you want a different coin, simple as that.
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