Not trying to circlejerk with this post. I only watch the price of BTC and XMR and it would be nice if some other privacy coins were on my radar, but I don’t know if any others are as private (or at least close to as private) as XMR. Thanks.
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Stupid q: given balances private by default, is there a way to audit what the total circulating supply of XMR is at any point? Basically total coins in existence at any point. Asking since as time goes by, how do you determine that there is no issuance beyond the stated cap and tail emission. I’m guessing there is a blindingly simple answer to this but I’m not in software so pardon the noobness. Grateful for any answers.
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Sextortion scams: Bitcoin not Monero is the most used crypto - these hackers need to get with the times
I've been trying to find out how Monero's coin issuance works, but so far, it seems like you need a physics and applied math's degree just to figure out the mathematics behind coin issuance. For example, the mathematics behind Bitcoin's issuance is very simple: The block reward starts at 50 BTC per block, and then halves every 210,000 blocks. It doesn't make a smooth curve, but it is easy to understand. Can anyone explain how Monero's coin issuance work without making it overly-complicated? There hasn't been any simple explanation so far as to how the mathematics behind emission goes. Can someone please ELI5?
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i have a few questions about the Blockchain and the GUI Wallet.
I synced the Daemon and now its Downloading / Syncing "Wallet Blocks", what exactly are these Wallet Blocks and for what do i need them? Also is there a way to "backup" these local, so that after a pc reset or sth i dont need to download them again? (sync is very slow :O)
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Hi everyone, I just want to leave a little guide / article about the best mining pools for Monero.
I am dedicated to contributing content (Articles, Guides, video, etc) in Spanish, to convey the importance of privacy and more specifically Monero to the Spanish community.
I would like to know your Feedback to improve the content ?
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I sent some xmr 3 days ago and it still hasn't gone through. The transaction is listed on the block explorer and I'm at 2,400 confirmations right now. It has nothing to do with the nodes I'm using because I've tried using different ones and the issue persists. I'm using the most recent version of walletXMR as well. Should I just stick it out or what? This is my first time experimenting with monero and tbh this is pretty dissapointing.
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Crypto Mining Equipment - Antminer Z15 Antminer S19 Pro 110Th/s StrongU STU U6 Innosilicon A10 and much more - Summer SALE
Hi, I’m trying to install the monero GUI wallet onto windows 10, But I keep getting bad signatures, is there a reason why? I have got the signature, key and installer off the getmonero.org website. Can someone help me please ty
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A few months ago, I set up the Monero GUI and linked it to the trezor successfully. Now that I am trying to access the wallet, it will not let me. I plug the trezor in and unlock it, then open the Monero GUI, input the password to the wallet, then I get a dialogue box that says, "Couldn't open wallet: Could not connect to device trezor."
I'd appreciate any help with this!
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Hey guys! Andrey is here ?
I this post I want to share with you the progress we've done and the challenges we've faced.
Firstly good news.
Maintain a liquidity pool is hard.
Solutions and ongoing development
Thank you for reading this. Please try our privacy-focused XMR <> BTC swap, and if you find it interesting help us to maintain a liquidity pool for Monero.
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I have read that Bitcoin's theoretical maximum transactions per second on the blockchain caps out at about 27.
I understand that Monero has dynamic block sizes - what does this mean for our theoretical maximum transactions per second? Can it be arbitrarily high? Or is there also a similar hard cap for Monero without a second layer solution?
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The privacy (and therefore fungibility) of Monero makes it the more"cash-like" compared to any other competitors for digital cash
This is a realization I've come to after thinking about it for a while. Why do people use physical cash for over-the-counter purchases? It's simple: You can't trace the "hands" over-the-counter cash have gone through. If I give you a $5 bill, and you give that $5 to another person, there is no way that a government or a financial institution can know that the cash was passed from me to you, and this is mimicked by the "mandatory privacy" nature of Monero. The privacy of wallet addresses are also similar to someone stuffing money under their mattress: no financial institution can see it, and nobody can trace where that money came from. The only difference is that Monero is a more secure, private, and realistic way of doing that. Monero seems to closer fit the definition of digital "cash" rather than coins with public ledgers, which compromise fungibility.
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THIS WEEK ON MONERO TALK w/ u/chowbungaman: Amir Khazaieli and Brad Yasar: A Miner & Bitcoin OG on Monero
Watch Here: https://www.youtube.com/watch?v=fKBGH430V2A
Special thanks to our sponsors, Cake Wallet and XMR.to for making these interviews possible! And of course our listeners and supporters for making Monero Talk possible!
Listen to all the podcasts here:
If you enjoy our show please Subscribe, Like, Share, Rate our YouTube Channel & Podcasts. This will help us grow and spread Monero content!
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Hey everyone, pretty new around here and just wanted to drop a quick question. My wallet is taking forever to sync (not sure if this is normal since I have the entire Blockchain downloaded on an external HDD, I know I know I should get an SSD. In time I'll eventually upgrade). I was wondering if I could lock the screen and just leave it be. I want to lock it since I'm in a house with a ton of people so I don't want them faffing around with my stuff
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/r/Monero Weekly Discussion July 25 2020 - Use this thread for general chatter basic questions and if you're new to Monero
1. General questions
Where can I download the Monero wallet?
There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the
Please note the following usage of the labels:
⚠️ - Relatively new and/or beta. Use wallet with caution.
☢️ - Closed source.
How long does it take for my balance to unlock?
Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.
How can I prove that I sent a payment?
How do I buy Monero (XMR) with Bitcoin (BTC)?
There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.
How do I buy Monero (XMR) with fiat?
How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?
There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration.
That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.
How do I mine Monero? And other mining questions.
The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit r/MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.
2. Wallet: CLI & GUI
Why I can't see my balance? Where is my XMR?
Before any action there are two things to check:
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized.
You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait.
If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.
How do I upgrade my wallet to the newest version?
This question is beautifully answered on StackExchange.
Why does it take so long to sync the wallet [for the first time]?
You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization.
Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).
I don't want to download the blockchain, how can I skip that?
Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy. A remote node can't see your balance and it can't spend your XMR.
How do I restore my wallet from the mnemonic seed or from the keys?
To restore your wallet with the 25 word mnemonic seed, please see this guide.
To restore your wallet with your keys, please see this guide.
3. Wallet: Ledger
How do I generate a Ledger Monero Wallet with the GUI or CLI?
How can my local node become a public remote node?
If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".
How can I connect my node via Tor?
This question is beautifully answered on StackExchange.
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I have recently withdrawn Monero because I wanted to send it to a wallet. To my knowledge, Cake is connected to a remote node, which compromises security, but I don't want to download the entire blockchain to just use a wallet. How much is recommended to be kept in Cake, and if I want to keep more money, is it safe to connect to a remote node instead of having to run my own full node?
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