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saunders
what is the approximate transaction cost (USD) to send monero?
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nioc
saunders: depends on the size of the tx, and by size I mean the number of inputs needed not the amount of monero
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nioc
for an average tx of 2 inputs it is around 1/4 of a cent
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ndorf
'/wb
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ndorf
feh
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saunders
okay
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saunders
Aside from using an exchange, how would I convert monero to bitcoin?
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ndorf
by far the easiest way would be an instant exchange such as changenow or fixedfloat
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ndorf
recently, atomic swaps have also been developed, but this requires some knowledge and care, at least for now
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saunders
I'm trying to buy bitcoin with cash from a friend but it seems a hassle. I'm think if he sends me monero I'll be able to convert that to bitcoin while maintaining some degree of privacy. does that seem reasonable?
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ndorf
yes, you will pay some sort of fee for the monero->bitcoin exchange though
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saunders
of course. he's using binance.
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saunders
but for cash to bitcoin he's saying it's remarkly expensive per transaction. not sure that using monero solves that. perhaps it just pushes the transactions costs around?
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ndorf
sending bitcoin is more expensive than sending monero, yes. currently about 10 cents, i think
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ndorf
however, if bitcoin is what you want in the end, you will end up paying that fee anyway, plus some conversion fee on top
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ndorf
on the other hand you do gain some privacy in that the bitcoin wouldn't be associated with your friend and/or his binance account
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nioc
exchanges charge much more than 10 cents to withdraw btc
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ndorf
good point
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nioc
not familiar with the charges but an exchange with low fees is $2.50
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ndorf
kraken charges .0002 BTC which is like $1.00
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ndorf
.00002 BTC, sorry
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nioc
not bad
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ndorf
.0001 XMR is still better :)
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Wolf0
how does one submit an idea for the monero art fund?
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DeanGuss
does anybody recall the story of monero's "intentionally" crippled mining release. Did somebdoy actually look at the code and determine if it was intentional or not?
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saunders
well, I'm curious now. he's talking about a $30 Canadian transaction cost for getting bitcoin. I'll see what he offers for monero.
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saunders
I'm just starting with the cli for the wallet:
pastebin.com/ePzrTAdC how do I test connectivity?
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saunders
when I type "status" it returns that "no daemon is connected"
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ndorf
your paste doesn't work, but in general, to use the CLI wallet you need to either a) also run the daemon, monerod, locally or b) choose a remote node and explicitly connect to that (e.g. monero-wallet-cli --daemon-address someone.somewhere.com:18089)
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saunders
ohhh. okay, is there a list a of remote nodes to which I can connect?
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saunders
I started the daemon in another console.
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ndorf
running your own daemon is best practice, but it will take some time to sync for the first time. also, needs lots of SSD space.
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ndorf
as for public nodes, AFAIK there isn't an official list, a web and/or reddit search turns up quite a few though. if it were me, i'd probably try node.minexmr.com first, but i've never used anyone else's node myself
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DeanGuss
moneroworld.com has a list domain names that will point to nodes
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Wolf0
DeanGuss: I was there
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Wolf0
and I developed the better miner
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Wolf0
It... the code was really, really stupid, but it's hard to say whether or not this proved malice. Now that I've got 7+ years more experience doing miner dev...
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DeanGuss
Wolf0: So was that copied from bytecoin? Or put in (what was then bitMonero?) Is bitmonero a hardfork of bytecoin?
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Wolf0
No, bitmonero was (is) a fork.
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Wolf0
The thing is... if it was the same dev who did the main cryptonote code that also did the PoW algo implementation, I'm leaning towards malice - someone with that level of skill should know better. But this is purely speculation
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Wolf0
The algo was copied from ByteCoin, yes
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DeanGuss
bitmonero is a code fork or blockchain fork?
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Wolf0
Aside from doing the CPU miner, I also did a GPU miner, now that I'm looking back:
forum.getmonero.org/7/open-tasks/2400/open-source-amd-miner-by-wolf0
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Wolf0
DeanGuss: code fork
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DeanGuss
Ah yes so, because bitmonero started from the bytecoin code, it's miner was crippled too
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Wolf0
DeanGuss: correct.
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lunario
i have a question about seed just to see if i got it correctly: when i have my monero seed (or same probably for bitcoin), i can restore my wallet and all its data even if i don't have the private keys or anything else anymore?
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Wolf0
lunario: yes, because the seed is the private key
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Wolf0
just a different representation of it.
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lunario
alright, thanks
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selsta
lunario: you can access your funds with the seed but some data will be lost, like the receiver address of transactions
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ErCiccione
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sech1
Looks nice, but dark theme is a must
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ErCiccione
Yeah our designer is working on that as well, but i don't know if we will implement it directly at launch or a bit after.
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sech1
Nice. What's more important is Haveno actually launching and working flawlessly. Good design will be just the cherry on top.
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ErCiccione
The priority is to make it simple and flawless as possible. We have to deal with some of the limitations of Monero that definitely impact UX, like the 10 blocks lock, but we are working on it.
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scara
When you first run monerod how does it get peers?
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nioc
selsta: from a recent discussion, I tested a few txs and my non AES cpu takes ~20 seconds to construct a tx with 1 input while a modern CPU is very fast and even a 40 input tx takes 3-4 seconds
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selsta
nioc: ok that makes more sense
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nioc
the daemon on the non AES cpu had been running for 2 hrs
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nioc
that's why I thought is was normal :)
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nioc
*it was
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selsta
mooo has a PR to cut down tx generation speed even more :D
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saunders
rather than run the daemon myself, can I not just connect to some server?
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saunders
I'm using the cli wallet and the daemon is only at three percent. I don't think my hard drive will have enough space to store everything.
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saunders
or there's an rpc option?
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saunders
and, how do I determine what my secret view key is?
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selsta
saunders: you can use a remote node
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selsta
too late
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dEBRUYNE
scara: There's a list of seed peers embedded in the code
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dEBRUYNE
A new node uses those to bootstrap to the network
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saunders
how do I create a RPC wallet?
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ndorf
there's no difference between an RPC wallet and a regular wallet
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ndorf
you can create a wallet using CLI, GUI or RPC and access the same wallet using any of the three also
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saunders
okay. How do I use the wallet with a remote daemon? And, which daemon?
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ndorf
simply start the wallet with the parameter --daemon-address <host>:<port>
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saunders
is there a directory for daemon addresses?
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sech1
it's better that you run your own
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sech1
but you can use node.supportxmr.com:18081 if you don't have your own
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saunders
the daemon is at three percent. how much free space do I need?
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sech1
130 GB for full node
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saunders
oof. I'll try that node you suggested. thx.
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ndorf
if you enable pruning it should be more like 50GB
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saunders
how do I enable pruning?
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ndorf
run the daemon with the --prune-blockchain option
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Mochi101
Just have to run it the first time with that option, it'll stay pruned even without it after.
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ndorf
either way, you want it to be on a SSD not HDD, otherwise it will be quite slow
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saunders
thx
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saunders
for using the remote blockchain does the height need to get refreshed from scrath each time or does that persist?
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sech1
no, your wallet remembers the height it scanned up to
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saunders
sech1: thx
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saunders
for this amount: Balance: 0.000100000000 how "much" is that? it's just a test transaction for │
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saunders
│apparently the smallest amount which could be sent from binance.
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saunders
is that about twenty five cents USD?
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ndorf
two and a half cents, i think