Topic: [XMR] Monero Speculation - page 896. (Read 3314350 times)

Heh... sorry if I'm being dim but I'm just running the new GUI here... is there a 'command prompt' tab in there that I'm missing or something?

No.. In your currently running sync cmd/dos/whatever window where you see the progress etc... Just type save and hit enter. done.

Edit - Type help to see the available commands if you are unsure.

I'll try that, thanks... but please ELI5 it for me step by step first as I don't want to screw it up, crash my Mac, and lose the last couple days progress LOL

Assuming here that the daemon instance is already running, full system, right?  So I'm just opening a Terminal window, and maybe moving to the working monero folder, first, and type stuff there? 

I don't have any other monero files/programs on this system - JUST whatever came with the GUI download, unzipped and copied to disk, running from my separate \Programs folder that I keep in the default \Applications folder on the Mac-formatted main Apple partition.

So, just wanna be thorough: Anything else I need to do first...?  Step by step please don't leave anything out

I believe there is an option to skip scanning / verifying a specified n blocks if they contain no relevant transactions to the wallet eg brand new wallet only needs to scan from block 1100000 as no transactions prior to that block are relevant. There is a command line switch to specify this on monerod but I have no idea about specifying this via the gui. I just use cli.

@KeyJockey - Have you recently typed save into the daemon console and pressed enter? Thanks

Hmm okay thanks all for info.

Still chugging along here, I was away last couple days at family for holidays and just left it running meanwhile... just got home and checked it and status now is at about 930,000 of 1,200,000-ish

SO it's still going and "getting there" now about 80% but at this point looks like it's gonna be something like five DAYS for me versus 5 hours for people with newer machines using a faster CPU and/or SSD.

That's quite a difference but as long as it does eventually "get there" I am okay with just letting it run, I guess.  Not much choice at this point LOL

The weirder thing still however is that it has STILL not written to disk again, since 'way back Dec 23rd at 10pm!!!

The file is ONLY at 3.94 Gb on disk and date/time stamp has not changed in almost three days.

IF my Mac crashes I'm gonna lose most of the last couple days progress here: is there any way to FORCE the GUI wallet to do a disk-write of the blockchain download in progress OR does it just decide to do it however often that it feels like it?

This Mac does have 16 Gigs of RAM -- above the Apple spec to support only 8 -- 'cuz I updated it a while back after reading that it actually does work okay with dual 8-gig sticks, not only the older 4gig that it was designed for.  So I'm assuming all the recent blockchain download in last couple days is just "in memory" so far and ready to get written to disk if/when it's all done?  Enough RAM I guess for 10Gb "pending" but, still... yikes.  LOL

Anyway, not sure about the HD speed but it's not SSD and, as I said, oddly formatted and partitioned 1 Tb spinning platter.  So maybe that has something to do with why my download is soooooooo sllllloooowwwwww here....

Im glad you are giving 110% of your deduction powers. Kudos! All my volume generation was certainly artificial. All 300%

Bots never trade among themselves. Bots force people to buy from bots, and not to sell it by sell offer.  Well more patient traders can even sell their BTC for XMR and XMR for BTC, but such as me that decide from time to time to buy some more XMR  usually because of bots just market buy mostly from bots.

Well in generally bots never buy, so is impossible that 2 bots would trade amongst each other, so your theory is false in basics. So i will not go deeper into that there is no economic logic on exchanges with fees to do something like that.


Now that i read what you said again, that 200% confuses me. this 200% is also flawed in basic.

Unfortunately? Im not sure that I follow u. Overall, its true that regardless of bitcoin price monero may choose its own path and gain value based off the progress made on RingCT. It may or may not work out this way but it should be noted that people regard a technology as worthy of pursuing after they see the real thing delivered. What bothers me the most about the legitimacy of monero story is a single-handedly orchestrated pump. I had been tracking monero price action for 50 hours in a row when it started recovering after the recent burn, and I can tell for sure that there hadnt been many real traders behind the giant volume movements. It had mostly been bots and a couple of marginers shaffling orders between the floor and ceiling of a trading range. Volume is 200% fake and comes from the same pockets. Remember, last february polo cold wallet was filled with 80K btc within one week. That money pumped eth, maid, dash, xmr, pot and few other senior alts. I wouldnt be surprised to see monero depriving ethereum of its privileged position while both eth and etc taking the whole world's bullets. 1 billion cap hit would make xmr a ethereum successor which would be quite easy to achieve given the amount of crisp bitcoin lying in polo cold wallet. If its gonna happen it will be done via bots + fully artificial volume.

PSA: Users, (solo)miners, exchanges/merchants, and pool operators must be on v0.10.1 in advance of the hardfork otherwise you will get forked/booted off the network. Miners, please contact your pool operator to ask them if they have upgraded

https://www.reddit.com/r/Monero/comments/5ke2y2/psa_users_solominers_exchangesmerchants_and_pool/

To add, this guide is based on that link:

https://www.reddit.com/r/Monero/comments/48cgmd/an_extensive_guide_for_securely_generating_an/

To check the balance:

https://www.reddit.com/r/Monero/comments/58fg8g/steps_to_verify_balance_of_a_cold_wallet_while/

https://getmonero.org/knowledge-base/user-guides/Offline_Backup

If my wife didn't object so strongly I'd be using our bitcoin as playmoney to gain more monero. Instead, I hodl both, but prefer moneroj because of its better privacy & fungibility. I'm loathe to spend bitcoin on anything else but moneroj. If Monero's liquidity and real world usage increases over the next few years  to where Bitcoin is now, I'd have no reason at all to hold Bitcoin, except as a hedge for black swan risks.

@KeyJockey: full sync from scratch using GUI took 5.5 hours on recent Mac with SSD.

I remember last Litecoin bubble, someone said they don't trust the bitcoin hash algorithm  (not sure of the technical details) Bitcoin has a government created one and Litecoin was less likely to have a backdoor, something like that anyway

Not every coin but Monero is beginning to take itself apart from most of the cryptocoins and it is already showing the signs that it could be something big. So I agree with Shiro but expect the swings to be larger than usual when China starts trading XMR. If you do not believe me, just look at bitcoin.

I haven't tried to sync from scratch using the GUI but did notice that synching the last couple of weeks of blocks took longer than expected. This is on a Mac OSX 10.12.1 with 16GB RAM & SSD.

I did. Sent a handful each to my brothers (via Mymonero). They have no idea what it is. I just said to forget about it and I'll remind them to check the value in a year or two...

I plan to tell them to install the GUI and store them in there ...

Key jockey , reddit is also active. And the main Ann thread gets a lot of activity too.

Re centralization due to block size and subsequent database storage, there are so many ways to create countermeasures to this that I don't view it as a concern.

Hmm, small update here on my blockchain-on-Mac using new GUI... more weirdness

It's now at about 690,000 out of 1,200,000 so a little more than halfway.

SO still very slow but, yeah, still plodding along, hopefully will be done before the new year? LOL

Anyway the weird thing is the blockchain/database file on disk seems to NOT have been updated in over a day!

It's now Dececember 25th (Merry Christmas, everyone!) and the date/time stamp on my DATA.MDB file in the hidden .bitmonero folder is 12/23 at 10pm... while the GUI wallet's LOG file IS timestamped up to date, being last written to just a minute ago.

So...?  Is this normal?  *Everything* is just holding in RAM for so long OR shouldn't it be hitting the disk more often?

I can't seem to shake the idea that something's just OFF here with this... doesn't seem *quite* right even IF it's just that I have an older/slower MacBook.

P.S. Sorry to be posting this here but really not sure where else would be better.  The stackexchange maybe after it's "solved" but I'm looking for input or experience from other users who may have seen something like this before, and I think THIS thread is the most active place for Monero People on the 'net, isn't it?  I keep this thread open in a tab always on all my computers LOL

Centralized nodes will happen only if the blocksize is too big for the average computer a particular time. Like right now, 1 MB seems like a good enough sweet spot to keep for Bitcoin. On top of this, you can build a second layer and still be safe with a network core that remains decentralized.

Now, if the blocksize is too big, it doesn't matter what you build on top, you are already fucked since the network is centralized, therefore all the anonymous technology is useless.

So I would say that a conservative blockchain sized BTC + LN is more secure than XMR with a centralizing tier blocksize...