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Bitcoin Rhodium Mining Guide

Bitcoin Rhodium Mining Guide
Happy Mining!

All available XRC pools can be found on MiningPoolStats

Bitcoin Rhodium Mining Hardware

Baikal Giant+: 1.6 GH/s
Baikal Quad Cube: 1.2 GH/s
Baikal Giant: 900 MH/s
Baikal Quadruple Mini Miner: 600 MH/s
Baikal Miner Cube: 300 MH/s
Baikal Mini Miner: 150 MH/s

Mining Setup

To mine Bitcoin Rhodium you need to set up an XRC wallet and configure your miner of choice. You can choose between Web wallet, Electrum-XRC or Magnum wallet. To set up a web wallet please visit wallet.bitcoinrh.org. Or download and install Electrum-XRC wallet (recommended) for Windows, Linux and MacOS.
Web wallet: wallet.bitcoinrh.org
Electrum-XRC wallet: electrum.bitcoinrh.org
Magnum wallet: https://magnumwallet.co

Sign up for XRC web wallet if not yet done so

  1. Create an account, with your username, password and secure question.
  2. Sign in and click “Create Wallet”.
  3. Set up a strong transaction password. Make sure you store it securely in a secure password manager of choice.
  4. Copy the seed somewhere safe. It’d be a good idea to write seed on a hardcopy and keep it safe.
  5. Paste it to confirm you got it right.
  6. Grab an address for the mining step. Your wallet is now ready to mine XRC.

Instructions for mining XRC on the official pool

Pool link: poolcore.bitcoinrh.org
  1. Any miner that supports X13 will be able to mine XRC. We have a few examples below of miners that are well tested with Bitcoin Rhodium network.
  2. For any miner, configure the miner to point to:
(0–0.8 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3061
(0.8–2 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3062
(3–4 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3063
(5+ GH/s) stratum+tcp://poolcore.bitcoinrh.org:3064
with your XRC address as username and x as password. You don’t need to open an account on pool. You will be mining to XRC address and mined coins will be transferred to your wallet
after blocks reach 10 block maturity
after you mined up minimal amount of coins (currently 0.1 XRC)
sometimes mined blocks could get rejected by network (orphaned) after they were counted as valid blocks. This is normal network behavior to follow longest chain
  1. http://poolcore.bitcoinrh.org is used to follow your miner and network statistics.

CPU Miner-Multi

Source: https://github.com/tpruvot/cpuminer-multi
Sample configuration with CPU Miner tested on UBUNTU.
“url” : “stratum+tcp://poolcore.bitcoinrh.org:3061”, “user” : “YOUR XRC ADDRESS”,
“pass” : “x”,
“algo” : “x13”, “threads” : 1,
“cpu-priority” : 5,
“cpu-affinity” : 1, “benchmark” : false, “debug” : true, “protocol”: true, “show-diff”: true, “quiet” : false
Command to run your CPUMiner: cpuminer -c cpuminer.json


SGMiner is a GPU-based mine: https://github.com/nicehash/sgminereleases
The configuration below was tested on Windows:
cd C:\Software\sgminer-5.6.1-nicehash-51-windowsamd64 sgminer.exe
— gpu-platform 1 — algorithm x13mod -url stratum+tcp://poolcore.bitcoinrh. org:3062 — pool-user — userpass :x — auto-fan — temp-target 70 — temp-over- heat 82 — temp-cutoff 85 — gpu-fan 65–85 — log-file log.txt — no-adl — no-extra- nonce -P –T


CCMiner is a GPU-based miner (NVIDIA)
Command to run your CCMINER:
ccminer-x64.exe -a x13 -o stratum+tcp://poolcore.bitcoinrh.org:3062 -O :without -D — show-diff

Baikal miner

Settings: Url:
(0–2 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3062
(3–4 GH/s) stratum+tcp://poolcore.bitcoinrh.org:3063
(5+ GH/s) stratum+tcp://poolcore.bitcoinrh.org:3064
Algo: x13User: your XRC receiving address (make sure you set 2 distinct addresses for each hashing board)
Pass: x
Extranonce: leave off Priority set to 0 and 1
Once pool stratum address and your wallet as user are set up you should see your miner mining against XRC pool. When miner is working the status column is green. The pool and miner are incorrectly configured now as status says “Dead” highlighted in red.

Instructions for mining XRC on BSOD pool

Pool link: bsod.pw/en/pool/dashboard/XRC/
Use this code for your miner: -a x13 -o stratum+tcp://pool.bsod.pw:2582 -u WALLET.rig
BSOD pool allows both solo and party mining.
For solo mining use code: -a x13 -o stratum+tcp://pool.bsod.pw:2582 -u WALLET.rig -p m=solo And for party mining use: -a x13 -o stratum+tcp://pool.bsod.pw:2582 -u WALLET.rig -p m=party.yourpassword
NOTICE: You can use us for North America and asia for Asia instead of euin your .bat file or config.
You can also use BSOD pool’s monitor app for Android and iOS.

Instructions for mining XRC on ZERGPOOL

Zergpool offers low fees (just 0.5%) and also SOLO and PARTY mining with no extra fees.
To mine XRC on Zergpool use this command lines for your miner:
Regular: -a x13 -o stratum+tcp://x13.mine.zergpool.com:3633 -u -p c=XRC,mc=XRC Solo: -a x13 -o stratum+tcp://x13.mine.zergpool.com:3633 -u -p c=XRC,mc=XRC,m=solo Party: -a x13 -o stratum+tcp://x13.mine.zergpool.com:3633 -u -p c=XRC,mc=XRC,m=party
Use your coin wallet address as username in mining software. Specify c=SYMBOL as password to identify payout wallet coin, and the same coin in mc=SYMBOL to specify mining coin.
For more information and support please visit http://zergpool.com
Notice that when there are more pools mining XRC in different geographic/availability locations choose the nearest to you as lowest priority and then add desirable fall back pool options in different geographic locations or pools. This is useful when one pool experiences issues, to fall back to different pool in Bitcoin Rhodium network.

Calculate your Bitcoin Rhodium mining profitability

WhatToMine: https://whattomine.com/coins/317-xrc-x13
CoinCalculators: https://www.coincalculators.io/coin/bitcoin-rhodium

Feel free to ask questions in Discord community. There are lots of helpful people around the world watching XRC 24x7.

Bitcoin Rhodium Dev Team
submitted by BitcoinRh to BitcoinRhodium [link] [comments]

/r/Monero - Newcomers Please Read. Everything You Need To Know.

What is Monero (XMR)?
Monero is a secure, private, untraceable (crypto-)currency. It is open-source and freely available to all. Don't believe us? Click here.
Monero is a tool that people can actually use. It makes receiving payments hassle-free, since merchants and individuals no longer need to fear the source of funds they are accepting. With transparent systems like Bitcoin, Ethereum, Verge, or Dash, these people need to hope (or spend substantial resources verifying) the sender did not use the funds illicitly. Furthermore, merchants do not want all their vendors known, and individually do not want everyone to know how much they are spending. If I spend more than I should at Newegg (store), that's my own business.
Monero is different because every transaction is always private. There is no way for pools and exchanges to opt out of sending private transactions. Thus, Monero's anonymity set far exceeds any other coin's anonymity set. Over 86,000 transactions in the past month of August, 2017 hid the sender and receiver, and about 99.95% of them also hid the amount (will increase to 100% of all new transactions in September)! There is no suspicion in using a private transaction, since all transactions are private. A single transaction does not stick out.*
This privacy is afforded with the best technology. I implore you to take a few minutes to learn about the four main technologies that Monero uses to provide privacy:
There are several other things that make Monero great! It has a smooth tail emission, dynamic blocks and fees, and an accessible Proof of Work (mining) algorithm.
*You can optionally choose a very large, unusual ringsize to make the transaction stick out. This is not recommended, and normal users who leave the ringsize at the default setting will not experience any issues. Also, it's possible for a user to manually add identifying information to the tx_extra field, which is something that a user must seriously go out of their way to do.
Now you know Monero (XMR) has the best technology. What else makes Monero (XMR) different than other cryptocurrencies?
P.S. Want a quick-start, simple your-grandma-could-do-it guide? Here's a great one!
Am I a bad person to consider using this?
No, Monero is freedom money. You can do whatever you want with it, whenever you want, where ever you want. We make it clear that you should own your wealth 100%. What you do with it, is none of our concern.
Where does the word Monero come from?
The word Monero comes from the language Esperanto. Monero means coin oand currency. The plural way of saying Monero in Esperanto and in our cryptocurrency is Moneroj.
How do I store Monero?
Monero Core
Monero Core GUI (If you don't know how to use it, click here for instructions and tutorial)
Monero Web-Wallet
Offline Wallet Generator
Is there a lightweight wallet for Monero?
Not yet, but you can use the official GUI with a remote node.
Are there any other ways to store Monero (XMR)?
Yes, there are many mobile wallets out there that allow you to store Monero (XMR). We do not recommend them, because they are not official releases of Monero. If you do decide to use other wallets, please make sure to do your research first before storing any Moneroj in the wallet. Anything used for Monero outside of official releases, will be used at your own risk. Some may be used for scamming purposes. If you still decide to take the risk; do not use them for large amounts. Also keep in mind that there is a high chance that Monero support will not be able to help you if you bump into any problems from applications outside of official releases. Why should you not use non-official wallets? Well would you buy a house and give your only key you have to the buildemanagement and wait for him/her to open the door to the house you supposedly own? No. Same goes with cryptocurrencies. You should always have possession of your private keys, and your Moneroj. Most non-official releases own your private keys, therefore you do not own the Moneroj.
How do I buy Monero (XMR) with fiat?
Monero For Cash
Local Monero
Other Options
Which exchanges support Monero (XMR)?
How do I setup a offline cold paper wallet?
Step-by-step guide for cold storage and offline transaction signing with optimal security
Guide For Securely Generating An Offline Cold Paper Wallet
USB Monero Cold Wallet Guide
Is there a Chinese translation so I can understand Monero? 是否有中文翻译,以便我能理解Monero?
Monero (XMR) Chinese Translation
Can I buy Monero (XMR) with CNY? 我可以用人民币买Monero吗?
*Can I buy Monero (XMR) with KRW?
Where can I find a good mining pool?
Monero Pools
What miner should I use?
XMR-Stak (Windows-Linux)
CpuMiner by tpruvot (Windows, Linux)
CpuMiner By Wolf
xmr-stak (MacOS)
cpuminer(MacOS) By correcthorse
XMR-stak (AMD)
Ccminer (nVidia) by KlausT, psychocrypt, and fireice-uk
Claymore's CryptoNote GPU Miner (AMD)
If you are a Windows user, click here.
Can I use a proxy for mining?
You can use XMR Proxy. If you want to monitor your rigs you can use Monero Mining Monitor.
How can I setup a local wallet while running node with little bandwidth?
You can use GUI, as a remote node as it uses very little bandwidth. Go to settings tab and change: "localhost:18089" to "node.moneroworld.com:18089". If you are still having problems, then just use our Monero Web-Wallet.
Can I run Monero through Tor or I2P?
Guide to use Monero with Tor correctly
Monero Safety Through Tor
Monero I2P
My vendor only accepts bitcoin but I only have Monero, and I know bitcoin is not private/anonymous. What should I do?
Use XMR.TO, but you should also educate them about bitcoins lack of privacy. Tell them to visit this post.
How long does it take to sync to the blockchain?
It can take from a few hours (using SSD drive) or even 24 hours, depending on hard drive and connection speed.
How do I generate a QR-code for a Monero address?
How to generate a QR code for a Monero address
Moneroqrcode.com for a personalized code
Guide to check balance
List of scams: (Always do a background check / research for anything outside of official releases.)
Did you know over 50 high profile artists accept Monero on their online stores? Check out Project Coral Reef
Are there any other sub-reddits that specialize in certain parts of Monero or just related to Monero?
Yes, there are a few. However, please keep in mind that this sub-reddit (/Monero) is the official Monero sub-reddit.
/xmrtrader - Trading, and investing related discussions & inquires.
/MoneroMining - Mining related discussions & inquires.
/MoneroCommunity for those who want to help grow the community.
/moonero for shitposts and memes.
/MoneroMarket for buying and selling wares for Monero.
/MoneroSupport for, you guessed it, Monero support.
Want to get involved? Click here for a list of sources.
How can I participate in the Monero community?
We welcome everyone to join us and help out. Check the "Community Info" section on our subreddit for our website, forum, stack exchange, github, twitter, and facebook. Anyway, we hope you stick around beyond the hype. Monero has a lot going for it, and we hope you agree! We really need your help, since this project is entirely driven by the community!
Nun vi spertis liberecon.
submitted by cryptonaire- to Monero [link] [comments]

Some of my alternative results

I’ll go where the better returns are. I’ve mined big pools, small pools, Vertcoin one click, WinMiner, Cuba, ccminer, cpuminer, guiminer, ethminer and most of them suck. Either the set up is trash and there’s no info on what is needed for it to run, or the UI is atrocious.
NiceHash was simple- point and shoot. On top of that, it yielded good returns. WinMiner so far is the closest thing. CPU pointed at SUMO and GPUs pointed at VTC, it’s pulling roughly $5 a day. I also like that I can cash out in BTC, PayPal, or Vertcoin.
Slush pool yielded like, 0.01 after 24 hours Noobpool yielded 0.00 Give-me-coins VTC yielded 0.02 after like, 30 hours. Vertcoin one click might be okay if your pool doesn’t suck, but almost all the pools I found, did in fact suck.
Oh, I also briefly mined LBRY and got some very high hash rates and the currency started stacking up, but the currency is very very cheap, so the number of coins you get skyrockets, but it still equates to < $1
So, as of now, WinMiner is the only option that doesn’t suck.
GPU: GeForce 1070 ti CPU: I7 8700K 3.70ghz
Update: I gave AwesomeMiner a shot. I created the miner so it was automated and all I had to provide was my bitcoin address - then run it. It’s currently mining Nist5 from zpool and estimating $8/day
Some issues I’m currently working on with AwesomeMiner: It’s running my GPU fine, but configuring the CPU takes a little more time. I also have a MSI GT70 laptop with a Nvidia 870m that isn’t able to run the ccminer2.2.2 because it uses Cuda9, so trying to find a work around for that.
submitted by UncleTouchy1337 to NiceHash [link] [comments]

The Nexus FAQ - part 1

Full formatted version: https://docs.google.com/document/d/16KKjVjQH0ypLe00aoTJ_hZyce7RAtjC5XHom104yn6M/

Nexus 101:

  1. What is Nexus?
  2. What benefits does Nexus bring to the blockchain space?
  3. How does Nexus secure the network and reach consensus?
  4. What is quantum resistance and how does Nexus implement this?
  5. What is Nexus’ Unified Time protocol?
  6. Why does Nexus need its own satellite network?

The Nexus Currency:

  1. How can I get Nexus?
  2. How much does a transaction cost?
  3. How fast does Nexus transfer?
  4. Did Nexus hold an ICO? How is Nexus funded?
  5. Is there a cap on the number of Nexus in existence?
  6. What is the difference between the Oracle wallet and the LLD wallet?
  7. How do I change from Oracle to the LLD wallet?
  8. How do I install the Nexus Wallet?

Types of Mining or Minting:

  1. Can I mine Nexus?
  2. How do I mine Nexus?
  3. How do I stake Nexus?
  4. I am staking with my Nexus balance. What are trust weight, block weight and stake weight?

Nexus 101:

1. What is Nexus (NXS)?
Nexus is a digital currency, distributed framework, and peer-to-peer network. Nexus further improves upon the blockchain protocol by focusing on the following core technological principles:
Nexus will combine our in-development quantum-resistant 3D blockchain software with cutting edge communication satellites to deliver a free, distributed, financial and data solution. Through our planned satellite and ground-based mesh networks, Nexus will provide uncensored internet access whilst bringing the benefits of distributed database systems to the world.
For a short video introduction to Nexus Earth, please visit this link
2. What benefits does Nexus bring to the blockchain space?
As Nexus has been developed, an incredible amount of time has been put into identifying and solving several key limitations:
Nexus is also developing a framework called the Lower Level Library. This LLL will incorporate the following improvements:
For information about more additions to the Lower Level Library, please visit here
3. How does Nexus secure the network and reach consensus?
Nexus is unique amongst blockchain technology in that Nexus uses 3 channels to secure the network against attack. Whereas Bitcoin uses only Proof-of-Work to secure the network, Nexus combines a prime number channel, a hashing channel and a Proof-of-Stake channel. Where Bitcoin has a difficulty adjustment interval measured in weeks, Nexus can respond to increased hashrate in the space of 1 block and each channel scales independently of the other two channels. This stabilizes the block times at ~50 seconds and ensures no single channel can monopolize block production. This means that a 51% attack is much more difficult to launch because an attacker would need to control all 3 channels.
Every 60 minutes, the Nexus protocol automatically creates a checkpoint. This prevents blocks from being created or modified dated prior to this checkpoint, thus protecting the chain from malicious attempts to introduce an alternate blockchain.
4. What is quantum resistance and how does Nexus implement it?
To understand what quantum resistance is and why it is important, you need to understand how quantum computing works and why it’s a threat to blockchain technology. Classical computing uses an array of transistors. These transistors form the heart of your computer (the CPU). Each transistor is capable of being either on or off, and these states are used to represent the numerical values 1 and 0.
Binary digits’ (bits) number of states depends on the number of transistors available, according to the formula 2n, where n is the number of transistors. Classical computers can only be in one of these states at any one time, so the speed of your computer is limited to how fast it can change states.
Quantum computers utilize quantum bits, “qubits,” which are represented by the quantum state of electrons or photons. These particles are placed into a state called superposition, which allows the qubit to assume a value of 1 or 0 simultaneously.
Superposition permits a quantum computer to process a higher number of data possibilities than a classical computer. Qubits can also become entangled. Entanglement makes a qubit dependant on the state of another, enabling quantum computing to calculate complex problems, extremely quickly.
One such problem is the Discrete Logarithm Problem which elliptic curve cryptography relies on for security. Quantum computers can use Shor’s algorithm to reverse a key in polynomial time (which is really really really fast). This means that public keys become vulnerable to quantum attack, since quantum computers are capable of being billions of times faster at certain calculations. One way to increase quantum resistance is to require more qubits (and more time) by using larger private keys:
Bitcoin Private Key (256 bit) 5Kb8kLf9zgWQnogidDA76MzPL6TsZZY36hWXMssSzNydYXYB9KF
Nexus Private Key (571 bit) 6Wuiv513R18o5cRpwNSCfT7xs9tniHHN5Lb3AMs58vkVxsQdL4atHTF Vt5TNT9himnCMmnbjbCPxgxhSTDE5iAzCZ3LhJFm7L9rCFroYoqz
Bitcoin addresses are created by hashing the public key, so it is not possible to decrypt the public key from the address; however, once you send funds from that address, the public key is published on the blockchain rendering that address vulnerable to attack. This means that your money has higher chances of being stolen.
Nexus eliminates these vulnerabilities through an innovation called signature chains. Signature chains will enable access to an account using a username, password and PIN. When you create a transaction on the network, you claim ownership of your signature chain by revealing the public key of the NextHash (the hash of your public key) and producing a signature from the one time use private key. Your wallet then creates a new private/public keypair, generates a new NextHash, including the corresponding contract. This contract can be a receive address, a debit, a vote, or any other type of rule that is written in the contract code.
This keeps the public key obscured until the next transaction, and by divorcing the address from the public key, it is unnecessary to change addresses in order to change public keys. Changing your password or PIN code becomes a case of proving ownership of your signature chain and broadcasting a new transaction with a new NextHash for your new password and/or PIN. This provides the ability to login to your account via the signature chain, which becomes your personal chain within the 3D chain, enabling the network to prove and disprove trust, and improving ease of use without sacrificing security.
The next challenge with quantum computers is that Grover’s algorithm reduces the security of one-way hash function by a factor of two. Because of this, Nexus incorporates two new hash functions, Skein and Keccak, which were designed in 2008 as part of a contest to create a new SHA3 standard. Keccak narrowly defeated Skein to win the contest, so to maximize their potential Nexus combines these algorithms. Skein and Keccak utilize permutation to rotate and mix the information in the hash.
To maintain a respective 256/512 bit quantum resistance, Nexus uses up to 1024 bits in its proof-of-work, and 512 bits for transactions.
5. What is the Unified Time protocol?
All blockchains use time-stamping mechanisms, so it is important that all nodes operate using the same clock. Bitcoin allows for up to 2 hours’ discrepancy between nodes, which provides a window of opportunity for the blockchain to be manipulated by time-related attack vectors. Nexus eliminates this vulnerability by implementing a time synchronization protocol termed Unified Time. Unified Time also enhances transaction processing and will form an integral part of the 3D chain scaling solution.
The Unified Time protocol facilitates a peer-to-peer timing system that keeps all clocks on the network synchronized to within a second. This is seeded by selected nodes with timestamps derived from the UNIX standard; that is, the number of seconds since January 1st, 1970 00:00 UTC. Every minute, the seed nodes report their current time, and a moving average is used to calculate the base time. Any node which sends back a timestamp outside a given tolerance is rejected.
It is important to note that the Nexus network is fully synchronized even if an individual wallet displays something different from the local time.
6. Why does Nexus need its own satellite network?
One of the key limitations of a purely electronic monetary system is that it requires a connection to the rest of the network to verify transactions. Existing network infrastructure only services a fraction of the world’s population.
Nexus, in conjunction with Vector Space Systems, is designing communication satellites, or cubesats, to be launched into Low Earth Orbit in 2019. Primarily, the cubesat mesh network will exist to give Nexus worldwide coverage, but Nexus will also utilize its orbital and ground mesh networks to provide free and uncensored internet access to the world.

The Nexus Currency (NXS):

1. How can I get Nexus?
There are two ways you can obtain Nexus. You can either buy Nexus from an exchange, or you can run a miner and be rewarded for finding a block. If you wish to mine Nexus, please follow our guide found below.
Currently, Nexus is available on the following exchanges:
Nexus is actively reaching out to other exchanges to continue to be listed on cutting edge new financial technologies..
2. How much does a transaction cost?
Under Nexus, the fee structure for making a transaction depends on the size of your transaction. A default fee of 0.01 NXS will cover most transactions, and users have the option to pay higher fees to ensure their transactions are processed quickly.
When the 3D chain is complete and the initial 10-year distribution period finishes, Nexus will absorb these fees through inflation, enabling free transactions.
3. How fast does Nexus transfer?
Nexus reaches consensus approximately every ~ 50 seconds. This is an average time, and will in some circumstances be faster or slower. NXS currency which you receive is available for use after just 6 confirmations. A confirmation is proof from a node that the transaction has been included in a block. The number of confirmations in this transaction is the number that states how many blocks it has been since the transaction is included. The more confirmations a transaction has, the more secure its placement in the blockchain is.
4. Did Nexus hold an ICO? How is Nexus funded?
The Nexus Embassy, a 501(C)(3) not-for-profit corporation, develops and maintains the Nexus blockchain software. When Nexus began under the name Coinshield, the early blocks were mined using the Developer and Exchange (Ambassador) addresses, which provides funding for the Nexus Embassy.
The Developer Fund fuels ongoing development and is sourced by a 1.5% commission per block mined, which will slowly increase to 2.5% after 10 years. This brings all the benefits of development funding without the associated risks.
The Ambassador (renamed from Exchange) keys are funded by a 20% commission per block reward. These keys are mainly used to pay for marketing, and producing and launching the Nexus satellites.
When Nexus introduces developer and ambassador contracts, they will be approved, denied, or removed by six voting groups namely: currency, developer, ambassador, prime, hash, and trust.
Please Note: The Nexus Embassy reserves the sole right to trade, sell and or use these funds as required; however, Nexus will endeavor to minimize the impact that the use of these funds has upon the NXS market value.
5. Is there a cap on the number of NXS in existence?
After an initial 10-year distribution period ending on September 23rd, 2024, there will be a total of 78 million NXS. Over this period, the reward gradient for mining Nexus follows a decaying logarithmic curve instead of the reward halving inherent in Bitcoin. This avoids creating a situation where older mining equipment is suddenly unprofitable, encouraging miners to continue upgrading their equipment over time and at the same time reducing major market shocks on block halving events.
When the distribution period ends, the currency supply will inflate annually by a maximum of 3% via staking and by 1% via the prime and hashing channels. This inflation is completely unlike traditional inflation, which degrades the value of existing coins. Instead, the cost of providing security to the blockchain is paid by inflation, eliminating transaction fees.
Colin Cantrell - Nexus Inflation Explained
6. What is the difference between the LLD wallet and the Oracle wallet?
Due to the scales of efficiency needed by blockchain, Nexus has developed a custom-built database called the Lower Level Database. Since the development of the LLD wallet, which is a precursor to the Tritium updates, you should begin using the LLD wallet to take advantage of the faster load times and improved efficiency.
The Oracle wallet is a legacy wallet which is no longer maintained or updated. It utilized the Berkeley DB, which is not designed to meet the needs of a blockchain. Eventually, users will need to migrate to the LLD wallet. Fortunately, the wallet.dat is interchangeable between wallets, so there is no risk of losing access to your NXS.
7. How do I change from Oracle to the LLD wallet?
Step 1 - Backup your wallet.dat file. You can do this from within the Oracle wallet Menu, Backup Wallet.
Step 2 - Uninstall the Oracle wallet. Close the wallet and navigate to the wallet data directory. On Windows, this is the Nexus folder located at %APPDATA%\Nexus. On macOS, this is the Nexus folder located at ~/Library/Application Support/Nexus. Move all of the contents to a temporary folder as a backup.
Step 3 - Copy your backup of wallet.dat into the Nexus folder located as per Step 2.
Step 4 - Install the Nexus LLD wallet. Please follow the steps as outlined in the next section. Once your wallet is fully synced, your new wallet will have access to all your addresses.
8. How do I install the Nexus Wallet?
You can install your Nexus wallet by following these steps:
Step 1 - Download your wallet from www.nexusearth.com. Click the Downloads menu at the top and select the appropriate wallet for your operating system.
Step 2 - Unzip the wallet program to a folder. Before running the wallet program, please consider space limitations and load times. On the Windows OS, the wallet saves all data to the %APPDATA%\Nexus folder, including the blockchain, which is currently ~3GB.
On macOS, data is saved to the ~/Library/Application Support/Nexus folder. You can create a symbolic link, which will allow you to install this information in another location.
Using Windows, follow these steps:
On macOS, follow these steps:
Step 3 (optional) - Before running the wallet, we recommend downloading the blockchain database manually. Nexus Earth maintains a copy of the blockchain data which can save hours from the wallet synchronization process. Please go to www.nexusearth.com and click the Downloads menu.
Step 4 (optional) - Extract the database file. This is commonly found in the .zip or .rar format, so you may need a program like 7zip to extract the contents. Please extract it to the relevant directory, as outlined in step 2.
Step 5 - You can now start your wallet. After it loads, it should be able to complete synchronization in a short time. This may still take a couple of hours. Once it has completed synchronizing, a green check mark icon will appear in the lower right corner of the wallet.
Step 6 - Encrypt your wallet. This can be done within the wallet, under the Settings menu. Encrypting your wallet will lock it, requiring a password in order to send transactions.
Step 7 - Backup your wallet.dat file. This can be done from the File menu inside the wallet. This file contains the keys to the addresses in your wallet. You may wish to keep a secure copy of your password somewhere, too, in case you forget it or someone else (your spouse, for example) ever needs it.
You should back up your wallet.dat file again any time you create – or a Genesis transaction creates (see “staking” below) – a new address.

Types of Mining or Minting:

1.Can I mine Nexus?
Yes, there are 2 channels that you can use to mine Nexus, and 1 channel of minting:
Prime Mining Channel
This mining channel looks for a special prime cluster of a set length. This type of calculation is resistant to ASIC mining, allowing for greater decentralization. This is most often performed using the CPU.
Hashing Channel
This channel utilizes the more traditional method of hashing. This process adds a random nonce, hashes the data, and compares the resultant hash against a predetermined format set by the difficulty. This is most often performed using a GPU.
Proof of Stake (nPoS)
Staking is a form of mining NXS. With this process, you can receive NXS rewards from the network for continuously operating your node (wallet). It is recommended that you only stake with a minimum balance of 1000 NXS. It’s not impossible to stake with less, but it becomes harder to maintain trust. Losing trust resets the interest rate back to 0.5% per annum.
2. How do I mine Nexus?
As outlined above, there are two types of mining and 1 proof of stake. Each type of mining uses a different component of your computer to find blocks, the CPU or the GPU. Nexus supports CPU and GPU mining on Windows only. There are also third-party macOS builds available.
Please follow the instructions below for the relevant type of miner.
Prime Mining:
Almost every CPU is capable of mining blocks on this channel. The most effective method of mining is to join a mining pool and receive a share of the rewards based on the contribution you make. To create your own mining facility, you need the CPU mining software, and a NXS address. This address cannot be on an exchange. You create an address when you install your Nexus wallet. You can find the related steps under How Do I Install the Nexus Wallet?
Please download the relevant miner from http://nexusearth.com/mining.html. Please note that there are two different miner builds available: the prime solo miner and the prime pool miner. This guide will walk you through installing the pool miner only.
Step 1 - Extract the archive file to a folder.
Step 2 - Open the miner.conf file. You can use the default host and port, but these may be changed to a pool of your choice. You will need to change the value of nxs_address to the address found in your wallet. Sieve_threads is the number of CPU threads you want to use to find primes. Ptest_threads is the number of CPU threads you want to test the primes found by the sieve. As a general rule, the number of threads used for the sieve should be 75% of the threads used for testing.
It is also recommended to add the following line to the options found in the .conf file:
"experimental" : "true"
This option enables the miner to use an improved sieve algorithm which will enable your miner to find primes at a faster rate.
Step 3 - Run the nexus_cpuminer.exe file. For a description of the information shown in this application, please read this guide.
The GPU is a dedicated processing unit housed on-board your graphics card. The GPU is able to perform certain tasks extremely well, unlike your CPU, which is designed for parallel processing. Nexus supports both AMD and Nvidia GPU mining, and works best on the newer models. Officially, Nexus does not support GPU pool mining, but there are 3rd party miners with this capability.
The latest software for the Nvidia miner can be found here. The latest software for the AMD miner can be found here. The AMD miner is a third party miner. Information and advice about using the AMD miner can be found on our Slack channel. This guide will walk you through the Nvidia miner.
Step 1 - Close your wallet. Navigate to %appdata%\Nexus (~/Library/Application Support/Nexus on macOS) and open the nexus.conf file. Depending on your wallet, you may or may not have this file. If not, please create a new txt file and save it as nexus.conf
You will need to add the following lines before restarting your wallet:
Step 2 - Extract the files into a new folder.
Step 3 - Run the nexus.bat file. This will run the miner and deposit any rewards for mining a block into the account on your wallet.
For more information on either Prime Mining or Hashing, please join our Slack and visit the #mining channel. Additional information can be found here.
3. How do I stake Nexus?
Once you have your wallet installed, fully synchronized and encrypted, you can begin staking by:
After you begin staking, you will receive a Genesis transaction as your first staking reward. This establishes a Trust key in your wallet and stakes your wallet balance on that key. From that point, you will periodically receive additional Trust transactions as further staking rewards for as long as your Trust key remains active.
IMPORTANT - After you receive a Genesis transaction, backup your wallet.dat file immediately. You can select the Backup Wallet option from the File menu, or manually copy the file directly. If you do not do this, then your Nexus balance will be staked on the Trust key that you do not have backed up, and you risk loss if you were to suffer a hard drive failure or other similar problem. In the future, signature chains will make this precaution unnecessary.
4. I am staking with my Nexus balance. What are interest rate, trust weight, block weight, and stake weight?
These items affect the size and frequency of staking rewards after you receive your initial Genesis transaction. When staking is active, the wallet displays a clock icon in the bottom right corner. If you hover your mouse pointer over the icon, a tooltip-style display will open up, showing their current values.
Please remember to backup your wallet.dat file (see question 3 above) after you receive a Genesis transaction.
Interest Rate - The minting rate at which you will receive staking rewards, displayed as an annual percentage of your NXS balance. It starts at 0.5%, increasing to 3% after 12 months. The rate increase is not linear but slows over time. It takes several weeks to reach 1% and around 3 months to reach 2%.
With this rate, you can calculate the average amount of NXS you can expect to receive each day for staking.
Trust Weight - An indication of how much the network trusts your node. It starts at 5% and increases much more quickly than the minting (interest) rate, reaching 100% after one month. Your level of trust increases your stake weight (below), thus increasing your chances of receiving staking transactions. It becomes easier to maintain trust as this value increases.
Block Weight - Upon receipt of a Genesis transaction, this value will begin increasing slowly, reaching 100% after 24 hours. Every time you receive a staking transaction, the block weight resets. If your block weight reaches 100%, then your Trust key expires and everything resets (0.5% interest rate, 5% trust weight, waiting for a new Genesis transaction).
This 24-hour requirement will be replaced by a gradual decay in the Tritium release. As long as you receive a transaction before it decays completely, you will hold onto your key. This change addresses the potential of losing your trust key after months of staking simply because of one unlucky day receiving trust transactions.
Stake Weight - The higher your stake weight, the greater your chance of receiving a transaction. The exact value is a derived by a formula using your trust weight and block weight, which roughly equals the average of the two. Thus, each time you receive a transaction, your stake weight will reset to approximately half of your current level of trust.
submitted by scottsimon36 to nexusearth [link] [comments]

Helix -​ A Cutting Edge, Anonymized, PoS with Masternode Technology Cryptocurrency.

Helix -​ A Cutting Edge, Anonymized, PoS with Masternode Technology Cryptocurrency.
You can contact us at: [[email protected]](mailto:[email protected])
  • Name: Helix
  • Ticker: HLIX
  • Public Address
  • Prefix: H
  • Algorithm:
  • QuarkPort: 37415
  • Block Time: 60 seconds
  • Maturity: 50 confirmations
  • Mineable: Yes (first 3%)
  • Stake-able: Yes (remaining 97%)
  • Max Coin Supply: 500.000.000
  • ICO: No!​

Wallet releases:https://github.com/ProjectHelixCoin/helix/releases/

-a quark -o stratum+tcp://minpool.net:6300 -u your_wallet_address -p c=HLIX (1% fee) (Recommended pool)
-a quark -o stratum+tcp://minepool.online:4045 -u -p c=HLIX (0.5% fee)

CPU miner: CPUminer-multi
cpuminer-gw64-corei7 -a quark -o stratum+tcp://minpool.net:6300 -u your_wallet_address -p c=HLIX
AMD miner: Sgminer
-k quarkcoin -o stratum+tcp://minpool.net:6300 -u your_wallet_address -p c=HLIX
NVIDIA miner: CCminer
ccminer-x64 -a quark -o stratum+tcp://minpool.net:6300 -u your_wallet_address -p c=HLIX


Helix has numerous features. Remember that this list is not limited, and that we will always work hard to add new features:
  • Fast and secure transactions.
  • Strong privacy with options for both private and transparent transactions.
  • Rewards for participating in the Helix network. This includes Proof of Stake (PoS) as well as the possibility for masternode rewards.
  • Participating in governance and voting in important matters that concern the whole community.
  • Multi-OS wallets: Windows, MacOS, Linux, and many more to come.
  • Very easy access to all our features and wallets.
  • We will continue to work hard on making Helix grow, check out our roadmap for details.
We believe in empowering individuals by creating a strong community. We give freedom back to the people by using our strong Helix blockchain network and decentralized technology. This allows people to do business without the compromise of being subject to surveillance by centralized or legal institutions.

​Proof of Stake

Bitcoin uses a cryptographic hashing algorithm to encode the transactions in the blockchain. Miners create these hashes by using a ‘Proof of Work’ (PoW) algorithm. The network hashrate is actually inflating as it requires a lot of power to create a new block in its blockchain.
Unlike Bitcoins PoW mechanism, Helix blockchain uses a hybrid system. The first 90.200 blocks are PoW, and after this period we switch to a PoS mechanism. The rewards a user receives depends on the amount of stake the participant has in the Helix network. The more you participate in validating and processing Helix transactions and its blocks, the more rewards you receive. Therefore, it’s incentivized to invest in Helix as a valuable core product.


The value of Helix lies in its main vision: building a secure and scalable currency. Therefore, Helix implemented masternodes, which can be used to earn more Helix by passive income to increase your holdings with a great risk/reward ratio. A masternode costs 10.000 HLIX and gives a ROI of 60%.
Masternodes are enhanced nodes that are always up and running, which provide additional functions and security to the Helix network. Masternodes provide an enhanced form of staking, increase the privacy and speed of transactions and enables participation in governance and voting within the Helix community. A Helix masternode processes Zerocoin (zHLIX) transactions which ensures topnotch privacy (more about this subject under ‘Privacy’).


Helix believes in true and strong privacy. Bitcoins transactions are traceable for anyone who’s interested to find out. A high degree of privacy doesn’t allow this potential loss of privacy. That’s why Helix implemented the Zerocoin protocol. For detailed information about Zerocoin, read their whitepaper.
For this service, Helix coins have to convert into a zHLIX coin. This process, called ‘minting’, is provided by masternodes running on the Helix Blockchain. No traces are left behind during this process. RSA-2048 encryption makes sure no information about the users is shared whatsoever. To reverse this process, you can send your zHLIX coins to your own address back into regular HLIX coins.

Coin information

Helix is founded on September 1st 2018. A total coin supply of 500.000.000 HLIX will be created, with a functional pre-mine of 1% (5.000.000 HLIX). This will be used for marketing, development and exchange listing fees. The first period will exist of a PoW phase (10.000.000 HLIX), followed by a PoS phase (485.000.000 HLIX).
The following table show the coin specifications:
The following table shows the block rewards. They adjust after a certain amount is reached, to control inflation of the supply of Helix:


The community started with a couple of early adopters who were unhappy about the way some projects were run by its developers. No innovation or vision whatsoever made us motivated to create something better. Since Helix did not have an ICO and only started with a functional pre-mine of 1%, it’s really thanks to the true core believers who put in their time and effort that made Helix a reality.
We aim to provide 24/7 support, and we believe in a community who help each other out. Positivity and fun should be your top priority as a Helix community member. In accordance to this, we created the Helix masternode governance system to bring back the power to the people. By letting you decide on important matters, you’re in control of your investment.

Join us!

More people are joining every day and we hope this growth won’t stop. Don’t feel afraid to join us and introduce yourself. We’re looking forward to meet you!
With the upcoming years ahead of us, we believe that exciting things will happen. Helix is a premium privacy ¬centric cryptocurrency, with strong features resulting in a decentralized, effectively anonymous cryptocurrency, with immediate (private) transactions and an incentivized network to provide additional services and security to the blockchain network of Helix. We will continue to work hard on the project, and hope to see you join us.
submitted by crazyhead90 to ProjectHelix [link] [comments]

[TUTORIAL] Turn your $35 Raspberry Pi into a 21 Bitcoin Computer! (original post deleted)

I noticed that ButtcoinEE deleted his own tutorial from here, and I liked the information provided, so I'm reposting it for others who may not have it saved.
I haven't tested his tutorial on my own RPI yet, but if anyone wants to give it a go, I can update this as needed.
Below is the post directly quoted from OP:
You get your brand new RPI and
curl https://install.21.co/bitcoin-computeinstall.sh | sudo bash 
Congratulations, you just saved $365. That's all there is to it.
Just want the python library and not the other stuff?
wget https://apt.21.co/pool/t/tw/two1_1.0.0-1_all.deb dkpg -i two1_1.0.0-1_all.deb 
This will work on any computer, or if you want you can extract it and just use the python library without installing.
Not an honest option, not everything works and I would be essentially forking. This is not an honest comparison, but it's closer!
You're posting directory dumps and talking about how easy it is to create your own 21 computer, yet don't know what a fork is? You just lost all credibility.
What is forking?
The software would need to be forked to work on whatever miner you attach to RPi. It's not plug and play bro and the nice folks at 21 Inc won't support your kludge.
From their code:
SupportedMiners = collections.OrderedDict([ ("rpi2miner", minerhal.RPi2Miner), ("cpuminer", minerhal.CpuMiner), ]) 
It's supported operation in the code supplied by the company.
That is not honest given that you cannot reproduce everything that the 21 Bitcoin Computer can do right now. You don't have the integrated framework. You would be doing something very different and that is not an honest comparison.
The script linked is literally what sets up the 21 Bitcoin Computer, it's identical in software in every way.
submitted by ecafyelims to Bitcoin [link] [comments]

Dogecoin on Linux - The Complete Beginner's Guide

I'm writing this because I couldn't find a single condensed guide on compiling the wallet and running mining software on linux, specficially Ubuntu/Linux Mint. I combed Bitcoin and Litecoin forums for similar problems I was running into and eventually got everything nailed down, so here it is in one place, for new Shibes.
If you want to make a Dogecoin directory in your downloads folder to keep things organized, you will need to modify these commands to refelct the change. So instead of going to ~/Downloads/ you will need to go to ~/Downloads/Dogecoin and be sure to put the zipped files there when you download them, but the commands will be the same otherwise.
cwayne18 put in the work to make a PPA for the QT client here.
Ubunutu/Mint/Debian users should be able to install the client with the following commands:
sudo add-apt-repository ppa:cwayne18/doge sudo apt-get update && sudo apt-get install dogecoin-qt 
To update using this method, run
sudo apt-get update && sudo apt-get upgrade dogecoin-qt 
Compiling the Wallet Manually
I suggest using the PPA above, but if you want to compile manually, here you go.
1)Download the newest source from here. If you want to check out the Github page, click here
2)Unzip the package with the native client OR, navigate to your downloads and unzip
cd ~/Downloads unzip dogecoin-master.zip 
3)Now it's time to compile. You will need to install the dependencies, just copy and paste the following code. It will be a fairly large download and could take some time. It is always important to update before installing any new software, so we'll do that first and then install the dependencies.
sudo apt-get update sudo apt-get upgrade sudo apt-get install libssl-dev libdb-dev libdb++-dev libqrencode-dev qt4-qmake libqtgui4 libqt4-dev sudo apt-get install libminiupnpc-dev libminiupnpc8 libboost-all-dev build-essential git libboost1.53-all-dev 
4)Once that is done, go to the doge-coin master directory and compile:
cd ~/Downloads/dogecoin-maste sed -i 's/-mgw46-mt-sd-1_53//g' dogecoin-qt.pro qmake USE_UPNP=- USE_QRCODE=0 USE_IPV6=0 make -j3 
After running the qmake command you will likely see some text similar to
Project MESSAGE: Building without UPNP support Project MESSAGE: Building with UPNP supportRemoved plural forms as the target language has less forms. If this sounds wrong, possibly the target language is not set or recognized. 
It's perfectly normal, so don't worry about that.
Your Dogewallet is ready to go! The executable is in ~/Downloads/dogecoin-maste and called dogecoin-qt. Your wallet information is in ~/.dogecoin. You can run the wallet at any time by opening terminal and typing
cd ~/Downloads/dogecoin-maste ./dogecoin-qt 
Future upgrades to dogewallet are easy. Back up your wallet.dat, and simply follow the same directions above, but you'll be unzipping and building the newer version. You will likely need to rename the old dogecoin-master directory in ~/Downloads before unzipping the newest version and building. Also, it is likely that you will not need to install the dependencies again.
Alternate Method For Installing Dogecoin Wallet from Nicebreakfast
After installing the dependencies listed in step 3, open terminal, then navigate to where you want Dogecoin Wallet stored and run:
git clone https://github.com/dogecoin/dogecoin ./autogen.sh ./configure make 
then when the wallet is updated just run
git pull 
from the dogecoin directory.
GPU Mining
GPU mining requires CGminer. My suggestion is to get the executable already built. The creator of cgminer has removed the built file from his website, but I've uploaded it here
sudo apt-get install pkg-config opencl-dev libcurl4-openssl-dev autoconf libtool automake m4 ncurses-dev cd ~/Downloads tar -xvf cgminer-3.7.2-x86_64-built.tar.bz2 
Don't use anything newer than 3.7.2. The newer versions of CGMiner don't support GPU mining.
That's it! You have cgminer ready to go! You will run cgminer with the following syntax
cd ~/Downloads/cgminer-3.7.2-x86_64-built/ ./cgminer --scrypt -o stratum+tcp://SERVERNAME:PORT -u WORKER.ID -p PASS 
A good guide for fine tuning cgminer can be found here; follow the litecoin example.
I had trouble getting cgminer running with a single line command, but running it via an executable .sh file works. This is covered in the cgminer setup guide I posted above but I'll put it here too. In the same directory that has the cgminer executable, you need to make a file called cgminer.sh and make it executable. It should contain the follwing:
export GPU_USE_SYNC_OBJECTS=1 export GPU_MAX_ALLOC_PERCENT=100 export DISPLAY=:0 find *.bin -delete sleep 5 ./cgminer 
Then you can call cgminer in terminal by doing ./cgminer.sh You will need a cgminer.conf file containing all your options. All of this is covered in the guide that is linked above.
A quick note about AMD drivers: They used to be a huge PITA to install and get working, but the newest Catalyst drivers are great. There's a GUI installer, everything works out of the box, and there is a lot of documentation. You can download them here: AMD Catalyst 14.6 Beta Linux
CPU Mining
For CPU mining I use minerd because it doesn't require any work to get running, simply download it and get to work. Download the built file for your machine 32-bit or 64-bit, and then unzip it and you're ready to go!
cd ~/Downloads tar -xvf pooler-cpuminer-2.3.2-linux-x86.tar.gz 
The executable is called minerd and it will be in ~/Downloads but you can move it to wherever you like. To run it, pull up terminal and do
cd ~/Downloads minerd --url=stratum+tcp://SERVER:PORT --userpass=USERNAME.WORKERNAME:WORKERPASSWORD 
You're done! Happy mining!
Common Issues
I ran into this and I've seen others with this problem as well. Everything installs fine but there is a shared library file that isn't where it should be. In fact, it isn't there at all.
 libudev.so.1: cannot open shared object file: No such file or directory 
In terminal, do
sudo updatedb locate libudev.so.0.13.0 
And it will probably return a path /lib/x86_64-linux-gnu. Inside that directory there's a library file called libudev.so.0.13.0. You'll need to make a symlink (aka shortcut) that links libudev.so.1 to libudev.so.0.13.0 So, assuming you're working with libudev.so.0.13.0 do this
cd /lib/x86_64-linux-gnu sudo ln -s libudev.so.0.13.0 libudev.so.1 
Now if you do
ln -l 
You should see
libudev.so.1 -> ./libudev.so.0.13.0 
Meaning you've made the symlink. Also, the text for libudev.so.1 will be blue.
submitted by Boozybrain to dogecoin [link] [comments]

The Strange Birth & History of Monero, Part IV: Monero "as it is now"

You can read here part III.
You can read this whole story translated into Spanish here
This is part IV, the last but not least.
Monero - A secure, private, untreceable cryptocurrency
Notable comments in this thread:
-201: “I would like to offer 1000 MRO to the first person who creates a pool”
[tacotime offers bounty to potential pool developer. Bytecoin devs haven’t released any code for pools, and the only existent pool, minergate (in the future related to BCN interests) was closed source]
-256: “Adam back seems to like CryptoNote the better than Zerocash https://twitter.com/adam3us/status/453493394472697856”
-264: “update on pools: The NOMP guy (zone117x) is looking to fork his open source software and get a pool going, so one should hopefully be up soon.”
-273: “Update on GUI: othe from VertCoin has notified me that he is working on it.”
-356: “Everyone wanting a pool, please help raise a bounty with me here:
And for the GUI:
[5439 MRO + 0.685 BTC + 5728555.555 BCN raised for pool and 1652 XMR, 121345.46695471 BCN for the GUI wallet. Though this wallet was "rejected" as official GUI because wallet still has to be polished before building a GUI]
-437: “Yes, most Windows users should see a higher hashrate with the new build. You can thank NoodleDoodle. ”
-446: “Even faster Windows binaries have just been uploaded. Install for more hash power! Once again, it was NoodleDoodle.”
-448: “that almost doubled my hashrate again! GREAT STUFF !!!”
-461: “Noodle only started optimization today so there may be gains for your CPU in the future.”
[First day of miner optimization by NoodleDoodle, it is only May 1st]
-706: “The unstoppable NoodleDoodle has optimized the Windows build again. Hashrate should more than double. Windows is now faster than Linux. :O”
-753: “i here tft is no longer part of the project. so is he forking or relaunching bytecoin under new name and new parameters (merged mining with flatter emission curve.) also. what is the end consensus for the emission curve for monero. will it be adjusted."
[May, 5th 2014. TFT is launching FANTOMCOIN, a clone coin which its "only" feature was merged mining]
-761: (https://bitcointalk.org/index.php?topic=583449.msg6561941#msg6561941) [May, 5th 2014 – eizh on emission curve and tail emission]
-791: “As promised, I did Russian translation of main topic.”
[one among dozens of decentralized and “altruist” collaborators of Monero in minor tasks]
-827: image
-853: (https://bitcointalk.org/index.php?topic=583449.msg6575033#msg6575033)
[some are not happy that NoodleDoodle had only released the built binaries, but not the source code]
-950: (https://bitcointalk.org/index.php?topic=583449.msg6593768#msg6593768)
[Rias, an account suspected to be related to the Bytecoin scam, dares to tag Monero as “instamine”]
-957: “It's rather bizarre that you're calling this an "instamine" scam when you're so fervently supporting BCN, which was mined 80% before entering the clearnet. Difficulty adjustments are per block, so there is no possibility of an instamine unless you don't publish your blockchain (emission is regular at the preset interval, and scales adequately with the network hash rate). What you're accusing monero of is exactly what ByteCoin did.”
[Discussion with rias drags on for SEVERAL posts]
-1016: “There is no "dev team". There is a community of people working on various aspects of the coin.
I've been keeping the repo up to date. NoodleDoodle likes to optimise his miner. TFT started the fork and also assists when things break. othe's been working on a GUI. zone117x has been working on a pool.
It's a decentralized effort to maintain the fork, not a strawman team of leet hackers who dwell in the underbellies of the internet and conspire for instamines.”
-1023: “Like I stated in IRC, I am not part of the "dev team", I never was. Just so happens I took a look at the code and changed some extremely easy to spot "errors". I then decided to release the binary because I thought MRO would benefit from it. I made this decision individually and nobody else should be culpable”
[Noodledoodle gets rid of the instaminer accusations]
-1029: “I decided to relaunch Monero so it will suit all your wishes that you had: flatter emission curve, open source optimized miner for everybody from the start, no MM with BCN/BMR and the name. New Monero will be ready tomorrow”
[people trying to capitalize mistakes is always there.]
-1030: "Pull request has been submitted and merged to update miner speed
It appears from the simplicity of the fix that there may have been deliberate crippling of the hashing algorithm from introduction with ByteCoin."
[tacotime “officially” raises suspects of possible voluntarily crippled miner]
-1053: "I don't mind the 'relaunch' or the merge-mining fork or any other new coin at all. It's inevitable that the CryptoNote progresses like scrypt into a giant mess of coins. It's not undesirable or 'wrong'. Clones fighting out among themselves is actually beneficial for Monero. Although one of them is clearly unserious and trolling by choosing the same name.
Anyway, this sudden solidarity with BCN or TFT sure is strange when none of these accounts were around for the discussions that took place 3 weeks ago. Such vested interests with no prior indications. Hmm...? "
[eizh points out the apparent organized fudding]
-1061: "There was no takeover. The original developer (who himself did a fork of bytecoin and around a dozen lines of code changes) was non-responsive and had disappeared. The original name had been cybersquatted all over the place (since the original developer did not even register any domain name much less create a web site), making it impossible to even create a suitably named web site. A bunch of us who didn't want to see the coin die who represented a huge share of the hash power and ownership of the coin decided to adopt it. We reached out to the original developer to participate in this community effort and he still didn't respond over 24 hours, so we decided to act to save the coin from neglect and actively work toward building the coin."
[smooth defends legitimacy of current “dev team” and decisions taken]
-1074: “Zerocash will be announced soon (May 18 in Oakland? but open source may not be ready then?).
Here is a synopsis of the tradeoffs compared to CyptoNote: […]"
[comparison among Zerocash y Cryptonote]
-1083: "Altcoin history shows that except in the case of premine (Tenebrix), the first implementation stays the largest by a wide margin. We're repeating that here by outpacing Bytecoin (thanks to its 80% mine prior to surfacing). No other CN coin has anywhere near the hashrate or trading volume. Go check diff in Fantom for example or the lack of activity in BCN trading.
The only CN coin out there doing something valuable is HoneyPenny, and they're open source too. If HP develops something useful, MRO can incorporate it as well. Open source gives confidence. No need for any further edge."
[eizh reminds everyone the “first mover” advantage is a real advantage]
-1132: "I decided to tidy up bitmonero GitHub rep tonight, so now there is all valuable things from latest BCN commits & Win32. Faster hash from quazarcoin is also there. So BMR rep is the freshest one.
I'm working on another good feature now, so stay tuned."
[first TFT apparition in weeks, he somehow pretends to still be the "lead dev"]
-1139: "This is not the github or website used by Monero. This github is outdated even with these updates. Only trust binaries from the first post."
[eizh tries to clarify the community, after tft interference, which are the official downloads]
-1140: “The faster hash is from NoodleDoodle and is already submitted to the moner-project github (https://github.com/monero-project/bitmonero) and included in the binaries here.
[trying to bring TFT back on board] It would be all easier if you just work together with the other guys, whats the problem? Come to irc and talk like everyone else?
[on future monero exchangers] I got confirmation from one."
[8th may 2014, othe announces NoodleDoodle optimized miner is now open source, asks TFT to collaborate and communicates an exchanger is coming]
-1146: "I'll be impressed if they [BCN/TFT shills] manage to come up with an account registered before January, but then again they could buy those.”
-1150: “Ring signatures mean that when you sign a transaction to spend an output (coins), no one looking at the block chain can tell whether you signed it or one of the other outputs you choose to mix in with yours. With a mixing factor of 5 or 10 after several transactions there are millions of possible coins all mixed together. You get "anonymity" and mixing without having to use a third party mixer.”
[smooth answering to “what are ring signatures” in layman terms]
-1170: "Someone (C++ skilled) did private optimized miner a few days ago, he got 74H/s for i5 haswell. He pointed that mining code was very un-optimized and he did essential improvements for yourself. So, high H/S is possible yet. Can the dev's core review code for that?"
[forums are talking about an individual or group of individuals with optimized miners - may 9th 2014]
-1230: "Good progress on the pool reported by NOMP dev zone117x. Stay tuned, everyone.
And remember to email your favorite exchanges about adding MRO."
-1258: "This is actually as confusing to us as you. At one point, thankful_for_today said he was okay with name change: https://bitcointalk.org/index.php?topic=563821.msg6368600#msg6368600
Then he disappeared for more than a week after the merge mining vote failed.”
[eizh on the TFT-issue]
-1358: “Jadehorse: registered on 2014-03-06 and two pages of one line posts:
Trustnobody: registered on 2014-03-06 and two pages of one line posts:
You guys should really just stop trying. It is quite transparent what you are doing. Or if you want to do it, do it somewhere else. Everyone else: ignore them please."
[FUD campaign still ongoing, smooth battles it]
-1387: "The world’s first exchange for Monero just opened! cryptonote.exchange.to"
[David Latapie announces an important milestone: exchanger is here]
-1467: "image"
[it is weird, but tft appears again, apparently as if he were in a parallel reality]
-1495: “http://monero.cc/blog/monero-price-0-002-passed/”
[“trading” milestone reached: monero surpassed for first time 0.002 btc price]
-1513: "There is one and only one coin, formerly called Bitmonero, now called Monero. There was a community vote in favor (despite likely ballot stuffing against). All of the major stakeholders at the time agreed with the rename, including TFT.
The code base is still called bitmonero. There is no reason to rename it, though we certainly could have if we really wanted to.
TFT said he he is sentimental about the Bitmonero name, which I can understand, so I don't think there is any malice or harm in him continuing to use it. He just posted the nice hash rate chart on here using the old name. Obviously he understands that they are one and the same coin."
[Smooth clears up again the relation with TFT and BMR. Every time he appears it seems to generate confusion on newbies]
-1543: "Pool software is in testing now. You can follow the progress on the pool bounty thread (see original post on this thread for link)."
-1545: "[on the tail emission debate] I've been trying to raise awareness of this issue. The typical response seems to be, "when Bitcoin addresses the problem, so will we." To me this means it will never be addressed. The obvious solution is to perpetually increase the money supply, always rewarding miners with new coins.
Tacotime mentioned a hard fork proposal to never let the block reward drop below 1 coin:
Code: if (blockReward < 1){ blockReward = 1; }
I assume this is merely delaying the problem, however. I proposed a fixed annual debasement (say 2%) with a tx fee cap of like 0.001% of the current block reward (or whatever sounds reasonable). That way we still get the spam protection without worrying about fee escalation down the road."
[Johnny Mnemonic wants to debate tail emission. Debate is moved to the “Monero Economy” thread]
-1603: “My GOD,the wallet is very very wierd and too complicated to operate, Why dont release a wallet-qt as Bitcoin?”
[Newbies have hard times with monero]
-1605: "because this coin is not a bitcoin clone and so there isnt a wallet-qt to just copy and release. There is a bounty for a GUI wallet and there is already an experimental windows wallet..."
-1611: "I like this about Monero, but it seems it was written by cryptographers, not programmers. The damned thing doesn't even compile on Arch, and there are several bugs, like command history not working on Linux. The crypto ideas are top-notch, but the implementation is not."
[Wolf0, a miner developer, little by little joining the community]
-1888: " (aka moneropool.org) successfully submitted a block. Miners will be paid for their work once payments start working.
P.S. This is actually our second block today. The first was orphaned. :/"
[May 16th: first pool block]
-1927: "Botnets aren't problem now. The main problem is a private hi-performance miner"
-1927: "Evidence?"
[smooth about the private optimized miner]
-1937: “[reference needed: smooth battling the weak evidence of optimized miner] Yes, I remember that. Some person on the Internet saying that some other unnamed person said he did something hardly constitutes evidence.
I'm not even doubting that optimized asm code could make a big difference. Just not sure how to know whether this is real or not. Rumors and FUD are rampant, so it is just hard to tell."
[smooth does not take the "proof" seriously]
-1949: "image
One i5 and One e5 connected to local pool:
[proof of optimized miner]
-1953: "lazybear are you interested in a bounty to release the source code (maybe cleaned up a bit?) your optimized miner? If not, I'll probably play around with the code myself tomorrow and see if I can come up with something, or maybe Noodle Doodle will take an interest."
[smooth tries to bring lazybear and his optimized miner on board]
-1957: "smooth, NoodleDoodle just said on IRC his latest optimizations are 4x faster on Windows. Untested on Linux so far but he'll push the source to the git repo soon. We'll be at 1 million network hashrate pretty soon."
[eizh makes publics NoodleDoodle also has more miner optimizations ready]
-1985: “Someone (not me) created a Monero block explorer and announced it yesterday in a separate thread:
[May 16th, 2014: a functional block explorer]
-2018: “Noodle is doing some final tests on Windows and will begin testing on Linux. He expects hashrate should increase across all architectures. I can confirm a 5x increase on an i7 quad-core + Windows 7 64-bit.
Please be patient. These are actual changes to the program, not just a switch that gets flicked on. It needs testing.”
[eizh has more info on last miner optimization]
-2023: “Monero marketcap is around $300,000 as of now”
-2059: I was skeptical of this conspiracy theory at first but after thinking about the numbers and looking back at the code again, I'm starting to believe it.
These are not deep optimizations, just cleaning up the code to work as intended.
At 100 H/s, with 500k iterations, 70 cycles per L3 memory access, we're now at 3.5 GHz which is reasonably close. So the algorithm is finally memory-bound, as it was originally intended to be. But as delivered by the bytecode developers not even close.
I know this is going to sound like tooting our own horn but this is another example of the kind of dirty tricks you can expect from the 80% premine crowd and the good work being done in the name of the community by the Monero developers.
Assuming they had the reasonable, and not deoptimized, implementation of the algorithm as designed all along (which is likely), the alleged "two year history" of bytecoin was mined on 4-8 PCs. It's really one of the shadiest and sleaziest premines scams yet, though this shouldn't be surprising because in every type of scam, the scams always get sneakier and more deceptive over time (the simple ones no longer work)."
[smooth blowing the lid: if miner was so de-optimized, then BCN adoption was even lower than initially thought]
-2123: (https://bitcointalk.org/index.php?topic=583449.msg6781481#msg6781481)
[fluffypony first public post in Monero threads]
-2131: "moneropool.org is up to 2KHs, (average of 26Hs per user). But that's still only 0.3% of the reported network rate of 575Khs.
So either a large botnet is mining, or someone's sitting quietly on a much more efficient miner and raking in MRO."
[with pools users start to notice that “avg” users account for a very small % of the network hashrate, either botnets or a super-optimized miner is mining monero]
-2137: “I figure its either:
-2192: “New source ( is up with optimizations in the hashing. Hashrate should go up ~4x or so, but may have CPU architecture dependence. Windows binaries are up as well for both 64-bit and 32-bit."
[eizh makes official announce of last miner optimization, it is may 17th]
-2219: (https://bitcointalk.org/index.php?topic=583449.msg6792038#msg6792038)
[wolf0 is part of the monero community for a while, discussing several topics as botnet mining and miner optimizations. Now spots security flaws in the just launched pools]
-2301: "5x optimized miner released, network hashrate decreases by 10% Make your own conclusions. :|"
-2323: "Monero is on Poloniex https://poloniex.com/exchange/btc_mro"
-2747: "Monero is holding a $500 logo contest on 99designs.com now: https://99designs.com/logo-design/contests/monero-mro-cryptocurrency-logo-design-contest-382486"
-2756: “So... ALL Pools have 50KH/s COMBINED.
Yet, network hash is 20x more. Am i the only one who thinks that some people are insta mining with prepared faster miners?”
-2757: “Pools aren't stable yet. They are more inefficient than solo mining at the moment. They were just released. 10x optimizations have already been released since launch, I doubt there is much more optimization left.”
-2765: “Penalty for too large block size is disastrous in the long run.
Once MRO value increases a lot, block penalties will become more critical of an issue. Pools will fix this issue by placing a limit on number and size of transactions. Transaction fees will go up, because the pools will naturally accept the most profitable transactions. It will become very expensive to send with more than 0 mixin. Anonymity benefits of ring signatures are lost, and the currency becomes unusable for normal transactions.”
-2773: "The CryptoNote developers didn't want blocks getting very large without genuine need for it because it permits a malicious attack. So miners out of self-interest would deliberately restrict the size, forcing the network to operate at the edge of the penalty-free size limit but not exceed it. The maximum block size is a moving average so over time it would grow to accommodate organic volume increase and the issue goes away. This system is most broken when volume suddenly spikes."
-3035: "We've contributed a massive amount to the infrastructure of the coin so far, enough to get recognition from cryptonote, including optimizing their hashing algorithm by an order of magnitude, creating open source pool software, and pushing several commits correcting issues with the coin that eventually were merged into the ByteCoin master. We also assisted some exchange operators in helping to support the coin.
To say that has no value is a bit silly... We've been working alongside the ByteCoin devs to improve both coins substantially."
[tacotime defends the Monero team and community of accusations of just “ripping-off” others hard-work and “steal” their project]
-3044: "image"
[Monero added to coinmarketcap may 21st 2014]
-3059: "You have no idea how influential you have been to the success of this coin. You are a great ambassador for MRO and one of the reasons why I chose to mine MRO during the early days (and I still do, but alas no soup for about 5 days now)."
[random user thanks smooth CONSTANT presence, and collaboration. It is not all FUD ;)]
-3068: "You are a little too caught up in the mindset of altcoin marketing wars about "unique features" and "the team" behind the latest pump and dump scam.
In fact this coin is really little more than BCN without the premine. "The team" is anyone who contributes code, which includes anyone contributing code to the BCN repository, because that will get merged as well (and vice-versa).
Focus on the technology (by all accounts amazing) and the fact that it was launched in a clean way without 80% of the total world supply of the coin getting hidden away "somewhere." That is the unique proposition here. There also happens to be a very good team behind the coin, but anyone trying too hard to market on the basis of some "special" features, team, or developer is selling you something. Hold on to your wallet."
[An answer to those trolls saying Monero has no innovation/unique feature]
-3070: "Personally I found it refreshing that Monero took off WITHOUT a logo or a gui wallet, it means the team wasn't hyping a slick marketing package and is concentrating on the coin/note itself."
-3119: “image
[included for the lulz]
-3101: "[…]The main developers are tacotime, smooth, NoodleDoodle. Some needs are being contracted out, including zone117x, LucasJones, and archit for the pool, another person for a Qt GUI, and another person independently looking at the code for bugs."
[the initial "core team" so far, eizh post]
-3123: (https://bitcointalk.org/index.php?topic=583449.msg6850085#msg6850085)
[fluffy steps-in with an interesting dense post. Don’t dare to skip it, worthwhile reading]
-3127: (https://bitcointalk.org/index.php?topic=583449.msg6850526#msg6850526)
[fluffy again, worth to read it too, so follow link, don’t be lazy]
-3194: "Hi guys - thanks to lots of hard work we have added AES-NI support to the slow_hash function. If you're using an AES-NI processor you should see a speed-up of about 30%.”
[flufflypony is now pretty active in the xmr topic and announces a new optimization to the crippled miner]
-3202: "Whether using pools or not, this coin has a lot of orphaned blocks. When the original fork was done, several of us advised against 60 second blocks, but the warnings were not heeded.
I'm hopeful we can eventually make a change to more sane 2- or 2.5-minute blocks which should drastically reduce orphans, but that will require a hard fork, so not that easy."
[smooth takes the opportunity to remember the need of bigger target block]
-3227: “Okay, optimized miner seems to be working: https://bitcointalk.org/index.php?topic=619373”
[wolf0 makes public his open source optimized miner]
-3235: "Smooth, I agree block time needs to go back to 2 minutes or higher. I think this and other changes discussed (https://bitcointalk.org/index.php?topic=597878.msg6701490#msg6701490) should be rolled into a single hard fork and bundled with a beautiful GUI wallet and mining tools."
[tail emission, block target and block size are discussed in the next few messages among smooth, johnny and others. If you want to know further about their opinions/reasonings go and read it]
-3268: (https://bitcointalk.org/index.php?topic=583449.msg6862693#msg6862693)
[fluffy dares another user to bet 5 btc that in one year monero will be over dash in market cap. A bet that he would have lost as you can see here https://coinmarketcap.com/historical/20150524/ even excluding the 2M “instamined” coins]
-3283: "Most of the previous "CPU only" coins are really scams and the developers already have GPU miner or know how to write one. There are a very few exceptions, almost certainly including this one.
I don't expect a really dominant GPU miner any time soon, maybe ever. GPUs are just computers though, so it is certainly possible to mine this on a GPU, and there probably will be a some GPU miner, but won't be so much faster as to put small scale CPU miners out of business (probably -- absent some unknown algorithmic flaw).
Everyone focuses on botnets because it has been so long since regular users were able to effectively mine a coin (due to every coin rapidly going high end GPU and ASIC) that the idea that "users" could vastly outnumber "miners" (botnet or otherwise) isn't even on the radar.
The vision here is a wallet that asks you when you want to install: "Do you want to devote some of you CPU power to help secure the network. You will be eligible to receive free coins as a reward (recommended) [check box]." Get millions of users doing that and it will drive down the value of mining to where neither botnets nor professional/industrial miners will bother, and Satoshi's original vision of a true p2p currency will be realized.
That's what cryptonote wants to accomplish with this whole "egalitarian mining" concept. Whether it succeeds I don't know but we should give it a chance. Those cryptonote guys seem pretty smart. They've probably thought this through better than any of us have."
[smooth vision of a true p2p currency]
-3318: "I have a screen shot that was PMed to me by someone who paid a lot of money for a lot of servers to mine this coin. He won't be outed by me ever but he does in fact exist. Truth."
[smooth somehow implies it is not botnets but an individual or a group of them renting huge cloud instances]
-3442: "I'm happy to report we've successfully cracked Darkcoin's network with our new quantum computers that just arrived from BFL, a mere two weeks after we ordered them."
-3481: “Their slogan is, "Orphaned Blocks, Bloated Blockchain, that's how we do""
[Major FUD troll in the topic. One of the hardest I’ve ever seen]
-3571: "Tacotime wanted the thread name and OP to use the word privacy instead of anonymity, but I made the change for marketing reasons. Other coins do use the word anonymous improperly, so we too have to play the marketing game. Most users will not bother looking at details to see which actually has more privacy; they'll assume anonymity > privacy. In a world with finite population, there's no such thing as anonymity. You're always "1 of N" possible participants.
Zero knowledge gives N -> everyone using the currency, ring signatures give N -> your choice, and CoinJoin gives N -> people who happen to be spending around the same amount of money as you at around the same time. This is actually the critical weakness of CoinJoin: the anonymity set is small and it's fairly susceptible to blockchain analysis. Its main advantage is that you can stick to Bitcoin without hard forking.
Another calculated marketing decision: I made most of the OP about ring signatures. In reality, stealth addressing (i.e. one-time public keys) already provides you with 90% of the privacy you need. Ring signatures are more of a trump card that cannot be broken. But Bitcoin already has manual stealth addressing so the distinguishing technological factor in CryptoNote is the use of ring signatures.
This is why I think having a coin based on CoinJoin is silly: Bitcoin already has some privacy if you care enough. A separate currency needs to go way beyond mediocre privacy improvements and provide true indistinguishably. This is true thanks to ring signatures: you can never break the 1/N probability of guessing correctly. There's no additional circumstantial evidence like with CoinJoin (save for IP addresses, but that's a problem independent of cryptocurrencies)."
[Anonymity discussions, specially comparing Monero with Darkcoin and its coinjoin-based solution, keep going on]
-3593: "Transaction fees should be a fixed percentage of the block reward, or at the very least not be controllable by the payer. If payers can optionally pay more then it opens the door for miner discrimination and tx fee bidding wars."
[Johnny Mnemonic is a firm defender of fixed fees and tail emission: he see the “fee market” as big danger to the usability of cryptocurrencies]
-3986: (https://bitcointalk.org/index.php?topic=583449.msg6930412#msg6930412)
[partnership with i2p]
-4373: “Way, way faster version of cpuminer: https://bitcointalk.org/index.php?topic=619373”
[super-optimized miner is finally leaked to the public. Now the hashrate is 100 times bigger than originally with crippled miner. The next hedge for "cloud farmers" is GPU mining]
-4877: “1. We have a logo! If you use Monero in any of your projects, you can grab a branding pack here. You can also see it in all its glory right here:
logo […] 4. In order to maintain ISO 4217 compliance, we are changing our ticker symbol from MRO to XMR effective immediately."
[Jun 2nd 2014]
-5079: “First GPU miner: https://bitcointalk.org/index.php?topic=638915.0”
[4th June: Claymore has developed the first CryptoNight open source and publicly available GPU miner]
-5454: "New update to my miner - up to 25% hash increase. Comment and tell me how much of an increase you got from it: https://bitcointalk.org/index.php?topic=632724"
[miner optimization is an endless task]
-5464: "I have posted a proposal for fixed subsidy:
[Nice charts and discussion proposed by tacotime, worth reading it]
-5658: "- New seed nodes added. - Electrum-style deterministic wallets have been added to help in the recovery of your wallet should you ever need to. It is enabled by default."
[Now you can recover your wallet with a 24 word seed]
-5726: (https://bitcointalk.org/index.php?topic=583449.msg7240623#msg7240623)
[Bitcoin Pizza in monero version: a 2500 XMR picture sale (today worth ~$20k)]
-6905: (https://bitcointalk.org/index.php?topic=583449.msg7386715#msg7386715)
[Monero missives: CryptoNote peer review starts whitepaper reviewed)]
-7328: (https://bitcointalk.org/index.php?topic=583449.msg7438333#msg7438333)
[android monero widget built]
This is a dense digest of the first several thousand messages on the definitive Monero thread.
A lot of things happened in this stressful days and most are recorded here. It can be summarized in this:
  • 28th April: Othe and zone117x assume the GUI wallet and CN pools tasks.
  • 30th April: First NoodleDoodle's miner optimization.
  • 11th May: First Monero exchanger
  • 13th May: Open source pool code is ready.
  • 16th May: First pool mined block.
  • 19th May: Monero in poloniex
  • 20th May: Monero +1100 bitcoin 24h trading volume in Poloniex.
  • 21st May: New official miner optimization x4 speed (accumulated optimization x12-x16). Open source wolf0's CPU miner released.
  • 25th May: partnership with i2p
  • 28th May: The legendary super-optimized miner is leaked. Currently running x90 original speed. Hedge of the "cloud farmers" is over in the cpu mining.
  • 2nd June: Monero at last has a logo. Ticker symbol changes to the definitive XMR (former MRO)
  • 4th June: Claymore's open source GPU miner.
  • 10th June: Monero's "10,000 bitcoin pizza" (2500 XMR paintig). Deterministic seed-based wallets (recover wallet with a 24 word seed)
  • March 2015 – tail emission added to code
  • March 2016 – monero hard forks to 2 min block and doubles block reward
There basically two things in here that can be used to attack Monero:
  • Crippled miner Gave unfair advantage to those brave enough to risk money and time to optimize and mine Monero.
  • Fast curve emission non-bitcoin-like curve as initially advertised and as it was widely accepted as suitable
Though we have to say two things to support current Monero community and devs:
  • The crippled miner was coded either by Bytecoin or CryptoNote, and 100% solved within a month by Monero community
  • The fast curve emission was a TFT miscalculation. He forgot to consider that as he was halving the block target he was unintentionally doubling the emission rate.
submitted by el_hispano to Monero [link] [comments]

The Monero Missives (weekly report) - June 10th, 2014

Original post is here
Monero Missives
June 10th, 2014
Hello XMR users! Welcome to our second Monero Missives.
Major Updates
  1. We're happy to introduce a major new feature for Monero: deterministic wallets based on a mnemonic seed! When creating a new wallet you now get a 24 word seed that you can use to restore the wallet. Usage: This affects simplewallet, and is the default behaviour for --generate-new-wallet. If you would like to disable the deterministic seed during wallet generation, you can pass the --non-deterministic flag. To restore from a seed you can use the --restore-deterministic-wallet flag. This provides a MAJOR benefit in that backing up your wallet no longer requires backing up the .bin.keys file! All you have to do is write down the 24 words and that's the only backup you need. If you're particularly brave you can even memorise the 24 words. You can also use this to create an offline cold wallet or a paper wallet: create a wallet on a computer disconnected from the Internet, write the 24 words and the address and the view key down, and then remove all the files created by the wallet. Security notes: Please note that this key is independent of your password. By default the 24 word key is written to simplewallet.log when the wallet is created. This is the expected behaviour, the next release will both exclude this from the log and reduce the default log level. Please run --generate-new-wallet with the --set_log 0 flag, or alternatively make sure to delete the simplewallet.log file afterwards. Technical details: The key length for this remains 256-bits and thus does not compromise user security. The view key seed is generated from a keccak1600 hash of the spend key (which is directly from the mnemonic seed), hence the deterministic nature of this. The non-deterministic method is still available as an option. How to get it: binaries in the OP have already been updated, or you can compile from the source on github. Moving to a deterministic wallet: unfortunately it's not possible to retroactively make an existing wallet deterministic. If you want to take advantage of the new feature, you will have to create a new wallet and move your funds in there.
  2. XMR is now on Mintpal for voting. You can find the voting link here: https://www.mintpal.com/voting#XMR - Mintpal allows 1 vote an hour from registered users who have traded before, as well as paid-for votes.
  3. Monero will be officially represented by fluffypony at the Bitcoin Supernode Conference at Malla Castle in Estonia at the end of this month.
  4. Neozaru has made great strides in his RPC-based Qt GUI wallet, and it requires some testing. If you are keen on trying it out, head over to his comment the GUI thread, give it a spin, and give him feedback.
Dev Diary
RPC: incoming_transfers is now available as a simplewallet RPC API call, and payment_id has been added as an optional argument to the transfer RPC API call. Neozaru also committed a large amount of additional functionality to the RPC API, including progress estimation to getinfo.
I2P: no commits this week, much of the work has been around scoping and planning the RPC subsystem.
Core: new seed nodes have been added, so bootstrapping on cold start should work just fine. We are going to add DNS seed node bootstrapping at a later stage.
Docs: work has begun on adding Doxygen comments throughout the code. This will both help us to understand the code written by "The CryptoNote Developers" (who appear at the top of every piece of source code except for the epee library), but will also result in proper developer documentation being made available.
Mining: Wolf` has continued to improve his CPU miner - the latest copy of which can be found on his github repo.
Mining: Claymore released a CryptoNight GPU miner, which you can find at this thread. Please be advised that his miner is currently closed source, and the appropriate level of caution should be exercised.
Until next week!
PS. If you've made it this far, there's a reward in the example wallet listed in the screenshot - first to grab it gets the prize!
submitted by fluffyponyza to Monero [link] [comments]

Just the weirdest, most inexplicable sht I've ever dealt with in a rig. [PC, blackscreening, semi-random]

Hi all.
I'm utterly, utterly baffled. Stumped. Bemused. Befuddled. Bamboozled. I cannot explain this. At all.
I crash on my desktop, often (but not always) while opening Chrome. Crash can be 1m after boot, or 4 hours after boot. Machine blackscreens, stops responding, doesn't send anything to the monitor or respond to scroll lock or capslock.
Fairly standard - but I do NOT crash if there's a game running. Literally can run GW2 for as long as I need to, or warframe, or Titanfall, and it's solid as a rock.
I've arranged an RMA for my GPU as it's the most recent addition to the sytem (25 Feb 2014) and it was blackscreening on wake (but with a responsive PC/keyboard and the media server was still up), but I'm stumped. I've never seen anything like this.
What causes a rig to blackscreen when browsing or opening explorer, but doesn't have ANY problems when it's running high end games at max rez?
2500k @ 4.5GHz
R9 290 4GB Factory OC
700W Seasoninc PSU
1 SSD (OS + Games)
2 HDD (Stuff)
Midrange Gigabyte mobo, nothign special
8GB DDR3 @ 1600MHz
Win 8 64 Bit
etc etc.
EDIT: Memtest results are in. No problems found. Ran for 8 hours, zero errors.
Ran MS Defender, no viruses found.
Instaleld Avast, turned off MS Defender, full scan, no viruses found.
Files Detected: 11 D:\Media\Downloads\cgminer-3.8.5-windows.7z (PUP.Optional.Cgminer) -> Quarantined and deleted successfully. D:\Media\Downloads\DuplicateCleaner_setup (1).exe (PUP.Optional.OpenCandy) -> Quarantined and deleted successfully. D:\Media\Downloads\DuplicateCleaner_setup.exe (PUP.Optional.OpenCandy) -> Quarantined and deleted successfully. D:\Media\Downloads\FileBot-setup.exe (PUP.Optional.OpenCandy) -> Quarantined and deleted successfully. D:\Media\Downloads\guiminer-scrypt_win32_binaries_v0.03.zip (PUP.BitCoinMiner) -> Quarantined and deleted successfully. D:\Media\Downloads\pooler-cpuminer-2.3.2-win64.zip (Riskware.BitcoinMiner) -> Quarantined and deleted successfully. D:\Media\Downloads\cgminer-3.8.5-windows\cgminer.exe (PUP.Optional.Cgminer) -> Quarantined and deleted successfully. D:\Media\Downloads\cpuminer\minerd.exe (Riskware.BitcoinMiner) -> Quarantined and deleted successfully. D:\Media\Downloads\LTC_minerz\poclbm.exe (Trojan.BtcMiner.TS) -> Quarantined and deleted successfully. D:\Media\Downloads\LTC_minerz\cgminer\cgminer.exe (PUP.BitCoinMiner) -> Quarantined and deleted successfully. D:\Media\Downloads\LTC_minerz\stratumproxy\mining_proxy.exe (PUP.Proxy.BCM) -> Quarantined and deleted successfully.
Nuked 'em.
Wonder if I have (or hopefully had) a malware issue. GW2 is running in the background and it's still not crashed...
Ideas anyone? Am thinking about ordering a new CPU/Mobo and seeing if that fixes it - next on the list (after another crash) is going to be a W8 re-install.
OS re-installed and BIOS updated, still crashes. Definitely hardware. Definitely not RAM, definitely not storage (SSD or HDD). Crashes still independent of load - but most common when clicking on something (Firefox, Chrome or Evernote for example).
So the candicate list as far as I can work out is:
CPU (moderately likely, though stressing with linpack or OCCT or prime does not cause crashes, and it's happy while playing GW2) mobo (happy while gaming, unhappy when asked to execute a crappy little prgraom like Chrome. Weird? gotta be unlikely) PSU - Feeling like this is a likely candidate. GPU - but doesn't crash when rendering ~100 players at max res in GW2.
Soooooo.... can anyone think of a thing to test next?
Final edit: running on the onboard GPU on mah telly. Flawless, no crashes at all. I think it's the GPU, the 2D processing chip or whatever must've been borked.
Recap: new GPU, no crashes. All is now good!
submitted by SupahSpankeh to techsupport [link] [comments]

Mining Instructions Made Simple

© Author - Henry - 11 April 2014. All rights reserved.
If you are interested in mining crypto currencies, here are the settings for bfgminer (3.10.0), cgminer (3.7.2), cudaminer (2013-12-01), and cpuminer (2.3.2) for Windows OS. Of course, these settings are for pool mining.
Steps: • Download and Install Wallet - Bitcoin, litecoin, dogecoin, peercoin etc. on your regular PC. • Encrypt and backup Wallet - get in the habit of backing up your wallet. • Join a mining pool of your choice. • Create pool worker at your mining pool site. • Acquire or build mining machine - pay attention to specs, power supply, graphics card etc. • Download and Install mining software - bfgminer, cgminer, etc. • Configure your mining worker - See detailed configuration below. • Mine away.
It's always easier to do the configurations below in a batch file because you could then create a shortcut for them in your startup folder. However, here are both the command line entries and the batch file entries. The timeout instruction in the batch file is used to delay the program for a number of seconds. Therefore, you can vary the time to what suits you or leave it out all together. Remember to replace the personal information portion of the commands.
Cgminer configuration - Scrypt mining dogecoin with fast-pool pool (GPU mining)
cgminer --scrypt -o stratum+tcp://stratum.fast-pool.com:3001 -u mloverboyu.1 -p x --thread-concurrency 8192 -I 13 -g 1 -w 256 • You may vary threaded-concurrency and -I (intensity) depending on your hardware.
Batch File:
@echo off timeout /t 240 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1 cd "c:\users\harry\desktop\cgminer-3.7.2-windows" cgminer --scrypt -o stratum+tcp://stratum.fast-pool.com:3001 -u mloverboyu.1 -p x --thread-concurrency 8192 -I 13 -g 1 -w 256
Cpuminer configuration - Scrypt mining dogecoin with dogepool pool (CPU mining)
minerd.exe --algo=scrypt --url=stratum+tcp://us.dogepool.net:2222 --userpass=mloverboyu.1:x --threads=8 • The number of threads equals the number of cores the processor has.
Batch File:
@echo off timeout /t 180 cd "c:\users\harry\desktop\pooler-cpuminer-2.3.3-win64" minerd.exe --algo=scrypt --url=stratum+tcp://us.dogepool.net:2222 --userpass=mloverboyu.1:x --threads=8
Bfgminer configuration - SHA256 mining bitcoin with btcguild pool (ASIC - Block Erupters)
Using ASICS require the Download and Installation of CP210x_VCP_Windows program. This program assigns COM ports to each device. You then need to use the assigned COM ports to form part of your configuration as shown below. You may also need to edit each COM port under device management and change the bit per second rate to match 115200 through Properties - Port Settings.
bfgminer.exe -o http://stratum.btcguild.com:3333 -u mloverboyu_1 -p 123 --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S erupter:\.\COM3 -S erupter:\.\COM4 -S erupter:\.\COM5 -S erupter:\.\COM6 -S erupter:\.\COM7 -S erupter:\.\COM8 -S erupter:\.\COM9 -S erupter:\.\COM11 -S erupter:\.\COM12 -S erupter:\.\COM13
Batch File:
@echo off timeout /t 300 cd "c:\users\harry\desktop\bfgminer-3.10.0-win64" bfgminer.exe -o http://stratum.btcguild.com:3333 -u mloverboyu_1 -p 123 --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S erupter:\.\COM3 -S erupter:\.\COM4 -S erupter:\.\COM5 -S erupter:\.\COM6 -S erupter:\.\COM7 -S erupter:\.\COM8 -S erupter:\.\COM9 -S erupter:\.\COM11 -S erupter:\.\COM12 -S erupter:\.\COM13
Bfgminer configuration - SHA256 mining bitcoin with btcguild pool (ASIC - Antminer U1)
The specs for overclocking these devices are: 1.6G=x0781 1.8G=x0881 2.0G=x0981 2.2G=x0A81
bfgminer.exe -o http://stratum.btcguild.com:3333 -u mloverboyu_1 -p 123 --icarus-options 115200:2:2 --icarus-timing 3.0=100 -S antminer:all --set-device antminer:clock=x0981
Batch File:
@echo off timeout /t 300 cd "c:\users\harry\desktop\bfgminer-3.10.0-win64" bfgminer.exe -o http://stratum.btcguild.com:3333 -u mloverboyu_1 -p 123 --icarus-options 115200:2:2 --icarus-timing 3.0=100 -S antminer:all --set-device antminer:clock=x0981
Bfgminer configuration - SHA256 mining peercoin with ecoining pool (ASIC - Block Erupters and Antminer U1 used together)
bfgminer.exe -o stratum+tcp://peercoin.ecoining.com:3336 -u mloverboyu.1 -p x --icarus-options 115200:2:2 --icarus-timing 3.0=100 -S erupter:\.\COM3 -S erupter:\.\COM4 -S erupter:\.\COM5 -S erupter:\.\COM6 -S erupter:\.\COM7 -S erupter:\.\COM8 -S erupter:\.\COM9 -S erupter:\.\COM10 -S erupter:\.\COM11 -S erupter:\.\COM12 -S erupter:\.\COM13 -S antminer:all --set-device antminer:clocl=x0981
Batch File:
@echo off timeout /t 300 cd "c:\users\harry\desktop\bfgminer-3.10.0-win64" bfgminer.exe -o stratum+tcp://peercoin.ecoining.com:3336 -u mloverboyu.1 -p x --icarus-options 115200:2:2 --icarus-timing 3.0=100 -S erupter:\.\COM3 -S erupter:\.\COM4 -S erupter:\.\COM5 -S erupter:\.\COM6 -S erupter:\.\COM7 -S erupter:\.\COM8 -S erupter:\.\COM9 -S erupter:\.\COM10 -S erupter:\.\COM11 -S erupter:\.\COM12 -S erupter:\.\COM13 -S antminer:all --set-device antminer:clocl=x0981
Cudaminer configuration - Scrypt mining litecoin with wemineltc pool (GPU - NVIDIA)
cudaminer.exe -o stratum+tcp://world.wemineltc.com:3335 -O mloverboyu.1:x
Batch File:
@echo off timeout /t 25 cd\cudaminer64 cudaminer.exe -o stratum+tcp://world.wemineltc.com:3335 -O mloverboyu.1:x
Of course, many other choices exist but you get the picture and these simple steps are more than a basic start. No one else has done it and I'm doing it here for free. So if you wish you may donate to any one of the following addresses. Big thank you.
Bitcoin 13aGKge6HiEd3NV6iaguP79RnKK653JxC9 Dogecoin DQBgjx7sJtLbQqogsEDpTsRJCv2eFCFX9d Litecoin LcdrZdxieYykwn3xUHHAs8NFb8WkyhT8pk Namecoin N7TepHhY5vkgE5zx1ch2d7kPE1hnZfmXGM Peercoin PXRkNKSbF8vHiSkRGoFp2hhNsvjXgXkVZL
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