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m-relay
<abuakhleq> At this point we'll basically pay for a 3 second scene in a movie
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m-relay
<abuakhleq> So sad
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m-relay
<ofrnxmr:monero.social> why am i always confused
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m-relay
<ofrnxmr:monero.social> What movie are we talking about? And what 3 seconds? And who are we yet to pay?
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m-relay
<ofrnxmr:monero.social> I only know of
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m-relay
<ofrnxmr:monero.social> 1. Netflix: we didnt pay and arent paying, and it was like 10 seconds of monero shilling
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m-relay
<ofrnxmr:monero.social> 2. Featuring monero oscar ccs: doesnt feature monero for any seconds.
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m-relay
<abuakhleq> One made by a scammer
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gingeropolous
oooh whoever made it so you can see what your typing while the log is screaming by at high log levels..... thank you
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Kurogane
Hello, i've a question i send 1 xmr but that trx split in 4 outputs. Why?
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m-relay
<ofrnxmr:monero.social> ?
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m-relay
<ofrnxmr:monero.social> Did you send it to 4 addresses? Lol
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Kurogane
Nop, same address.
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m-relay
<ofrnxmr:monero.social> Then there should be 1 output (perhaps you mean 4 inputs?)
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moneromooo
Kurogane: It should be 2 outputs by default. What command did you use (you can replace addresses with placeholders for privacy) ?
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Kurogane
I use gui, i just put the address set amount and sent..... but when i see transaction history i see for transaction is split in for trx equal to 1 xmr (each trx is different amount but sum all trx is 1 xmr)
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moneromooo
Do you see 4 txids ?
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moneromooo
Or 1 txid ?
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moneromooo
Or 2 ?
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Kurogane
Yes 4 txids equal to 1 xmr
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moneromooo
4 txids should yield at least 8 outputs. You said 4 earlier.
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moneromooo
So I think you're just calling things by the wrong name and confusing people :)
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Kurogane
Maybe, for me 4 txids = 4 outputs... now i see i'm wrong.
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Kurogane
But the point is why 4 txids and not one?
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moneromooo
If you don't mind posting it, can you give one of those txids so I can look ?
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Kurogane
cd5f75ccb3f410f00d36aff6dc3d8548e207eddca52d19c02388d47bef52aea8
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moneromooo
Looks like you had lots of tiny inputs, and the transactions can't be too large.
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moneromooo
Like if you need to pay 10k pounds but only have 1p and 2p coins. You're going to have to give a lof of them.
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moneromooo
But you have a wheelbarrow that can only carry so many, so you have to carry 4 loads to reach 10k.
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moneromooo
The wheelbarrow here is a metaphor for the max tx size, derived from the max block size.
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moneromooo
You were likely a pool miner. Pool miners get paid tiny amounts often. Once you've coalesced those tiny outputs, this will not happen anymore.
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» moneromooo afk
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Kurogane
I didn't understand, in a few words means?
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Kurogane
Also not understand why say tiny amounts but is was 1 xmr? 1 xmr is tiny amount?
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m-relay
<ofrnxmr:monero.social> You found 11 blocks on p2pool and many more shares
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m-relay
<ofrnxmr:monero.social> You were paid in 100s of payments
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m-relay
<ofrnxmr:monero.social> those 100s of small payments are like "$5 bills"
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m-relay
<ofrnxmr:monero.social> When you spend them, you can only spend 148 $5 bills in one transaction.
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m-relay
<ofrnxmr:monero.social> If you need to spend 550x$5 bills, it will split into 4 transactions. Number of $5 bills in each tx = 148 + 148 + 148 + 106
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Kurogane
WoW, xmr is supposed to be privacy and you know where trx come from.... this is really privacy coin? (not answer just express my feeling)
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m-relay
<ofrnxmr:monero.social> Youre mining on a public pool, and you shared your txid with me
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m-relay
<ofrnxmr:monero.social> xmr is private, kurogane's mining setup isnt
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m-relay
<ofrnxmr:monero.social> Convenience has tradeoffs
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m-relay
<drived> Is the socks5 proxy thing in the wallet good to turn on?
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m-relay
<ofrnxmr:monero.social> Depends what you need it for
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m-relay
<ofrnxmr:monero.social> If youre using a local node and arent using external services such as fiat balances, no.
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m-relay
<ofrnxmr:monero.social> If you want to use those things, or remote nodes, yes
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m-relay
<drived> Ah I see appreciate it
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Kurogane
That is not the point if not, if you know the trx you can track the person if you want. but what i'm say before is not point to debate is of topic... i'm here to know what cause those trxid because first time i see this scenery.
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m-relay
<ofrnxmr:monero.social> Yeah. Its because p2pool pays you immediately
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m-relay
<ofrnxmr:monero.social> You found a block, and instesd of being oaid 0.6xmr in 1 output, you were paid 0.001-0.004 in 100+ outputs
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m-relay
<ofrnxmr:monero.social> So you wallet is cluttered with $1 bills (actually like 69c outputs lolz)
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m-relay
<ofrnxmr:monero.social> Each tx looks to be abt $50, with a $3+ fee.
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m-relay
<ofrnxmr:monero.social> You found 11 blocks (6.6 xmr), but were paid 10xmr.
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m-relay
<ofrnxmr:monero.social> overall, p2pool worked in your favor, financially.
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m-relay
<ofrnxmr:monero.social> now.. create a new wallet to mine on :D. Sorry
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m-relay
<ofrnxmr:monero.social> (even though it worked in your favor financially, all of those outputs are bad for monero)
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m-relay
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m-relay
<ofrnxmr:monero.social> which is why im in favor of ^
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m-relay
<ofrnxmr:monero.social> And i hope jeffros work on
monero-project/research-lab #109
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m-relay
<ofrnxmr:monero.social> can be implemented sooner rather than later
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Kurogane
Nah, I'm not paranoid maybe use new wallet or not.. but i learn a lesson today... monero is not what i'm think.
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m-relay
<ofrnxmr:monero.social> I know your address.x
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m-relay
<ofrnxmr:monero.social> And can see everytime you consolidate 👍
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m-relay
<ofrnxmr:monero.social> By "i", i mean, everybody reading has access
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Kurogane
I see, good for you and other know about it.
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m-relay
<ofrnxmr:monero.social> Youre wrong about your lesson
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m-relay
<ofrnxmr:monero.social> What you kearned today was
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m-relay
<ofrnxmr:monero.social> " Moreover, since the owners of coinbase enotes are generally public information, and since consolidating coinbase enotes is very costly"
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m-relay
<ofrnxmr:monero.social> Solo mining = mining in private.
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m-relay
<ofrnxmr:monero.social> pool mining = not private.
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m-relay
<ofrnxmr:monero.social> If you want to solomine, shutdown p2pool and mine to your daemon.
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m-relay
<ofrnxmr:monero.social> then, obviously the only person who know where those payments are goin, is you /your node
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Kurogane
yeah right except if i share another txid you know too, so what is the point?
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m-relay
<ofrnxmr:monero.social> how do i know your address? Because its on the pool observers payout list
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m-relay
<ofrnxmr:monero.social> Dont share your coinbase txids from public pooks, maybe?
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m-relay
<ofrnxmr:monero.social> If you mined those blocks solo, nobody would know your address
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m-relay
<ofrnxmr:monero.social> Its only known because its listed as the payout address on a pool
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m-relay
<ofrnxmr:monero.social> we would still know you mined 11 solo blocks. coinbases values arent private.
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m-relay
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m-relay
<ofrnxmr:monero.social> which is, again, why im in favor of ^
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Kurogane
As i say before i don't care, have fun watching my address.
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m-relay
<ofrnxmr:monero.social> > <Kurogane> yeah right except if i share another txid you know too, so what is the point?
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m-relay
<ofrnxmr:monero.social> if you solo mine to a wallet address that you have never used on a pool ans never shared publicly, nobody can deduce your address from the txid.
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m-relay
<ofrnxmr:monero.social> Im not watching your address.. its online, on a website... p2pool.observer
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m-relay
<ofrnxmr:monero.social> this is the same info you give to any pool you use
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moneromooo
If you have a secret, and you tell Paul that secret, it's not a secret anymore. Especially if Paul puts it up on a website. Shrug.
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moneromooo
Granted, maybe it's not obvious you told the secret. There should be more warning maybe.
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m-relay
<ofrnxmr:monero.social> However they setup p2pool, should have come with a link to p2pool.observer (to check their progress)
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m-relay
<ofrnxmr:monero.social> P2pool.observer has links right on the homepage of "recent likely sweet transactions" and other tools
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m-relay
<ofrnxmr:monero.social> Maybe someone told them p2pool was the best thing since sliced bread, and they just ran with it. In which case.. blame your friend
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moneromooo
Why does p2pool need addresses btw ? Is it necessary for everyone to build the right set of outputs ? It seems plausible a miner could come up with an one time output to use, and that gets reused as needed until it's in a block.
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m-relay
<ofrnxmr:monero.social> 1. 4 transactions with = 148 inputs = huge whale or a p2pool miner.
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m-relay
<ofrnxmr:monero.social> 2. Txid lookup shows its obviously p2pool
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m-relay
<ofrnxmr:monero.social> 3. Checking p2pool.observer shows this tx has 1 ring member from every input belonging to your address
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m-relay
<ofrnxmr:monero.social> sech1: (mooo's question)
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m-relay
<trasherdk:monero.social> Oh no. That damn ofrnxmr: have broken Monero 😱
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m-relay
<ofrnxmr:monero.social> Also @kurogane check out "Breaking Monero"
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sech1
moneromooo one time address depends on the output index in the transaction, so two miners eventually (very quickly, see birthday paradox) will want to use the same output index