Saturday, October 27, 2018

/r/Monero Daily Discussion – October 27, 2018 - Use this thread for basic questions and if you're new to Monero

Index

  1. General questions
  2. Wallet: CLI & GUI
  3. Wallet: Ledger
  4. Nodes

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. All wallets listed below are open source. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files.

Desktop wallets

Wallet Device Description Download link
"Official" GUI / CLI Windows, Mac OS X, Linux The default implementation that is maintained by the core team. Use this one to run a full node and obtain maximum privacy.Has Ledger (hardware wallet) integration. Current version: 0.13.0.3 / 0.13.0.2. GetMonero.org
MyMonero Windows, Mac OS X, Linux MyMonero is a lightweight wallet, which means you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. They also have web-based and iOS versions. GitHub

Mobile wallets

Wallet Device Description Download link
Monerujo Android Popular Android lightweight wallet that has very cool features, like integration with xmr.to which lets you send payments in BTC using your XMR. It also has Ledger (hardware wallet) integration. Website: https://www.monerujo.io/. Google Play / F-Droid / GitHub
MyMonero iOS iOS version of the MyMonero wallet. All versions have interoperability. App Store
Cake Wallet iOS Popular iOS lightweight wallet that has integration with MorphToken, which means you can instantly exchange your XMR to other coins and tokens. Website: https://cakewallet.io/ App Store
X Wallet iOS Another iOS lightweight wallet. Website: https://xwallet.tech/ App Store
Edge Wallet Android / iOS This is a multi-assets wallet, meaning you can store Monero, Bitcoin, Ethereum and other tokens in one single app. https://edge.app/ ⚠️ Relatively new - use with caution! ⚠️ Google Play / App Store

Web-based wallets

Wallet Description Link
MyMonero Web version of the MyMonero wallet. All versions have interoperability. Web
XMRWallet Web wallet with TOR support. ⚠️ Relatively new - use with caution! ⚠️ Web / Onion URL

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?

The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).

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?

  • Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
  • LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.

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:

  1. Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
  2. Is your wallet fully synchronized? If it isn't, wait the sync to complete.

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?

The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld.

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?

This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.

4. Nodes

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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[Daily Discussion] Saturday, October 27, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


Posted by at No comments:
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[Daily Discussion] Saturday, October 27, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


Posted by at No comments:
Labels:

[Daily Discussion] Saturday, October 27, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


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What are the reactions and countermeasures of the world in the decade after the 2008 global financial crisis?

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https://i.redd.it/ugo7kasxhou11.jpg

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Here, I would like to mention that no matter how young you are, you should realize that two major events in the new century have changed the direction of history, and the impact will continue. One is the “9.11” incident and the other is the 2008 financial crisis. The former changed the political order and geopolitics of the whole world; the latter changed the economic form of the whole world, especially the evolution of monetary and financial forms.

The first question: What are the reactions and countermeasures of the world in the decade after the 2008 global financial crisis? Here we mainly talk about four reactions and four countermeasures, or the world-wide reaction mode is expressed in the following four things, and to explore the logical relationship between them.

The first thing, in 2008, Nakamoto Satoshi from password punk created Bitcoin. Why is this thing significant? In November 2008, a short paper was posted on a website hosted by password punk. No one thought that such a small paper actually affected the new trend of the world financial form. Nakamoto’s research is just a P2P payment method that can get rid of the influence and control of third parties, thus avoiding the risks caused by third parties.

The second thing is that in 2009, emerging market countries represented by China proposed a plan for the reform of the international financial order. This program we call it the “super sovereign currency program.” On March 27, 2009, a few days before the G20 summit, then the central bank governor Zhou Xiaochuan and the then deputy prime minister Wang Qishan published an article proposing a basic plan to solve the problem of the world financial order. In a stable state, it is necessary to establish a super-sovereign currency that is not controlled by any sovereign state and establish a monetary base for stabilizing the world financial order. This plan has not been fully realized. The most important result is to increase the proportion of China’s special drawing rights in the IMF. China has become the third largest shareholder of the IMF after the United States and Japan.

The third thing, the Tea Party movement. This time node is also in 2009, the date of the occurrence is the US tax payment time — April 15. This incident has a great impact and lasts for a long time. This is a movement without a leader, without a central organization, and without a clear program. Its direct consequence is that it influenced the politics of the Obama era and the election that led Trump to become the president of the United States.

The fourth thing, the “Occupy Wall Street” action from September to November 2011. For a variety of reasons, people are not paying enough attention to it. The “Occupy Wall Street” action once swept the United States, affecting the world’s major countries and cities, except China. Their slogan is “We are all 99%”. They propose to choose not to consume for one day, and adopt non-consumption behavior to resist this society that has entered a serious gap between rich and poor and capital control consumption and power control. Of course, it is not the same as the Tea Party movement. Finally, the US government has taken a very compulsory clearance to make this movement quiet.

It is meaningful to compare the four movements and compare the differences in the four reaction patterns of the world elite after the 2008 financial crisis.

The first thing is to create an event with the bitcoin of the password punk represented by Nakamoto. Satoshi Nakamoto is a technical school on the surface, but he is a fairly mature technology school. His real foundation is the password punk movement. There is a view behind him that we must protect our privacy in the Internet age. Based on this point of view, they eventually produced a separation of thoughts and ideas from the legal system controlled by the central government, especially the central government. In their view, the legal currency system of each country is essentially the central bank’s control of the amount of currency issuance, and the amount depends largely on the judgment of the relevant government departments, especially by the politicians.

The basis of contemporary monetary sovereignty is the credit of the government and the state. In particular, the boundaries between monetary policy and fiscal policy are blurry. The United States is a typical country. The Fed is not completely independent, and the president has considerable influence. The product that finally emerged from this separation of thoughts is the cryptocurrency that is now based on the blockchain, or the use of bitcoin as a direct product, and the blockchain as a system of back-end technology. In order to understand this in depth, I suggest you take a moment to study the password punk movement, because they are open source, and the computer open source movement, as well as the hacker group is inextricably linked. This movement began to develop gradually from the 1970s and is a movement that grows along with the Internet.

The second thing, about the idea of ​​super-sovereign currency, we find that this represents China, but it is not only China, but also represents emerging market countries. They asked to change the original monetary and financial system, but we need to think about this proposal, why is it not accepted? Why didn’t the program proposer stick to this thing? This is a question worth considering.

The third thing, the Tea Party movement. The main body of the Tea Party movement is the American middle class. They demanded tax cuts, advocated “big market, small government” and advocated defending and safeguarding the interests of the middle class. In the context of the time, this movement was directly aimed at the tax increase policy that Obama had just taken office.

The fourth thing, the Wall Street movement. Occupy Wall Street, what does it represent? It represents the grassroots, the people, the main body of society, and the subject that suffers the most harm after globalization and financial crisis.

Under the historical conditions of the time, these four movements represented exactly four reactions, which won? No one foresees it. Today, the results have basically come out. The technical school that everyone disapproves is the so-called password punk group. The bitcoin movement or blockchain movement represented by Nakamoto and Bitcoin is not only maintained, but also increasingly The expansion and deepening of the influence changed from the fire of the stars to the irreversible situation.

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[Daily Discussion] Saturday, October 27, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


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Friday, October 26, 2018

Monumental AIOMiner Update v8.4 - Mine the most profitable currencies on 74+ Algorithms (1000+ coins) while paying 0% Fees, now with free Online Rig Monitoring for your entire farm!

Hi Everyone!

We’re excited to be able to call AIOMiner, the best miner on the planet!

 

First of all, thank you so much for all of your support over this past year! Your constant suggestions in Discord have helped make AIOMiner what it is today and we are endlessly grateful!  

If you haven’t yet, here are some quick links to get involved with AIOMiner:

Humble Beginnings

If you’re not familiar with AIOMiner, we were born right here on /r/gpumining. Almost exactly one year ago, /u/xixspiderxix became frustrated with the lack of functionality, ugliness, and the high difficulty required to get started with the already existing miners. Originally, he was just going to make it for himself to enhance his own mining experience, but others started asking for access to the software, suggesting new features, and helping him improve. So, he opened it up to the public for free and AIOMiner was born. And to this day, we maintain our promise that mining with AIOMiner will always be free. You can read more about it here, but let’s get to the good stuff!

 

What’s New in AIOMiner?

We now have remote rig monitoring and control through our website! We’ve just enabled the AIOMiner application to connect to the AIOMiner website through an API and fixed some bugs. If you’ve never used AIOMiner before, here are some of the features you can expect on the software side of things:

  • AMD/Nvidia Support
  • All of your favorite miners integrated
    • Claymore
    • EWBF
    • PhoenixMiner
    • lolminer
    • And many more that we keep up to date with the latest version and allows us to support 74 different gpu-mineable algorithms, including ProgPoW! That's more than any other miner out there and allows for you to mine 1,000s of coins without ever having to download another miner!
  • Coin/Pool Management
    • Pre-loaded pools
    • Manual adding of pools
    • Manual adding of coins not already listed
  • Ease of Use
    • New Miner Update Notification
    • Easy Setup Tutorial - First Launch
    • Easy Update Button
    • Easy Start/Stop
    • Backup/Restore Pool/Wallet Data
  • Mining Enhancement
    • ETHlargementPill Integration
    • Mine on 70+ Unique Algorithms
    • Profitability tracking for WhatToMine supported coins
    • Coin Price Display
    • Idle Mining
    • Timed Mining - Hourly Schedule
    • Daily Scheduling
    • Profitability Switching
    • Automatic Crash Recovery
  • Windows Settings
    • Auto Login
    • Auto Start AIOMiner
    • Auto Start Mining
  • GPU Monitoring
    • Hashrate
    • Power Draw
    • Fan Speed
    • Temperature
    • GPU Utilization
  • Help/Support
    • Discord Support
    • Reddit Support
    • Report Bug/Issue
    • Easy Setup Tutorial
    • Request New Feature

 

The biggest part of the update is a full rebuild of AIOMiner.com. We're bringing you remote control of your rigs via the AIOMiner website so you can stop paying for services, like Teamviewer, and manage all of your rigs from anywhere you have an internet connection!

 

Here's what you can expect from AIOMiner.com:

  • Multiple Rig Monitoring
    • Add/Remove Rig
    • Start/Stop Mining
    • Restart Mining
    • Reboot Rig
    • Shutdown Rig
    • Current Hashrate
    • Current Coin
    • Current Algorithm
    • Fan Speed
    • GPU Temperatures
    • GPU Utilizations
    • Mining Pool
    • Wallet Address
    • Refresh every 30 seconds
    • Change Pool
    • Change Coin
    • Apply to All Rigs
  • Web Alerts
    • Unexpected Rig Failure
    • Unexpected GPU Failure
    • High Temperature
    • Unexpected Communication Loss
  • Queued Commands
    • Command Logs
  • Security
    • 2-Factor Authentication
  • Leaderboards  

Whew! That's a lot, but believe it or not... we're just getting started! We still have plenty planned to maximize your rig efficiency, control, and profitability.

 

What's Free Hash Friday?

Every week we put on an event called Free Hash Friday, and don’t call the DEA because we're not giving away weed! Maybe Canada can help you with that, but here's the general rundown for Free Hash Friday:  

The AIOMiner team sends out a tweet every week with directions in an image, such as this one.  

Follow the directions in the tweet where it says "To Win" with the arrows. Once you've completed those three steps, your twitter handle will be inputted into a spreadsheet (that is shared with the public) and you'll be assigned a number in the order that you're inputted.  

You have until 8pm US Pacific Time (GMT -7) to enter. At 8pm, the spreadsheet will be updated one final time and the drawing will begin immediately in the AIOMiner discord channel.  

You'll notice on the spreadsheet that you have a number next to your twitter handle. We have a bender bot that is able to generate a random number given the upper and lower limit. If your number is the randomly generated number, you win!  

Typically we pair with a coin, as you can see, who puts up some to giveaway and we have multiple winners. If we don't have a coin to give away, The AIOMiner team will simply start mining on behalf of the winner for 24 hours and mine any gpu-mineable coin of their choice.  

And that's pretty much it! So, follow our twitter and be on the lookout for the next Free Hash Friday!

 

What else should I know about AIOMiner?

We are fully committed to keeping mining free for everyone, but it does cost some money to keep the servers up and running. So, we're planning on releasing some "premium" features in the near future that will take the mining experience to the next level. Until December 1st, we will allow users to purchase a lifetime premium account. With this account you will gain access to AIOMiner and all of the premium features that we release as well as any future product we make for free. This is only for a limited time, so if you're in the mining game for the long haul, it is definitely worth it. After December 1st, we will open up the premium features on a membership/monthly subscription basis. So, get it while it's hot!

 

Other than that, enjoy the software, enjoy the giveaways and come participate in the community:

 

Thank you again to everyone who has helped make AIOMiner what it is today!

 

Happy Mining,

-The AIOMiner Team


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