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13
votes
2answers
1k views

Can you trustlessly trade Monero for Bitcoin?

Some cryptocurrencies can be traded in a trustless manner, also known as atomic cross-chain traded. This means that when the trade is done, either the entire trade is done, or none of it is (otherwise,...
13
votes
1answer
14k views

How to restore a Monero wallet from Private Keys

How can one import a Monero wallet via Private Keys (from mymonero.com / moneroaddress.org for example) into the GUI wallet? Is there a possible way via Private Spend- and View-Key?
13
votes
1answer
3k views

What is to stop mymonero.com from taking everyone's money?

I'm concerned about storing my funds on this website. How can I know they are safe?
13
votes
2answers
408 views

What is the reason for using the smoothly decreasing block reward?

What is the reason for using the smoothly decreasing block reward instead of a periodic "halving" like Bitcoin? What impact does a smoothly decreasing reward have other than avoiding sudden dramatic ...
13
votes
3answers
670 views

Is there any way of changing the password of an existing wallet?

Let's assume that my wallet's password was compromised. Is there any way of changing the password or do i have to create a new wallet and transfer all the funds there?
13
votes
1answer
1k views

Could something like the Bitcoin Lightning Network be implemented for Monero?

Could something like the Bitcoin Lightning Network be implemented for Monero? What differences make a Monero implementation of the Lightning Network (or equivalent) more or less difficult than the ...
13
votes
1answer
7k views

My GUI feels buggy / freezes all the time

I am using the official GUI and using my own (local) node, but it freezes all the time and feels buggy overall. Is there any way to resolve this?
13
votes
3answers
11k views

What is a mixin, and how does it work?

What actually is a mixin, and how does it work? Is it similar to mixing services that Bitcoin and DASH provide?
13
votes
2answers
324 views

i2p/Kovri fundamentals in Monero

Have the fundamental properties of Kovri been decided upon for Monero? In particular, I'm curious about the IP configuration for the i2p/Kovri router. i.e. Will it be auto-detect methods, or hidden ...
13
votes
1answer
109 views

Development Roadmap Design and Consensus

Who was involved in the design and development choosing goals for the Monero roadmap? Once goals are identified, what procedures are in place to determine their level of priority? Does the Monero ...
13
votes
2answers
483 views

Calculate fee before sending while using RPC calls

Is there any way to find out what the fee of a certain transaction will be before sending it, via RPC calls? As a side note, is it possible to see the transaction fee on a transfer via RPC from the ...
13
votes
1answer
382 views

How can a business or charity publish proof of XMR reserves?

Is Monero too private to allow auditing? Without a rich list or transparent blockchain how can a business or charity publish proof of XMR reserves?
13
votes
1answer
4k views

How can I create a new Monero genesis block?

Does anyone know how Monero's genesis block was created (and how I can generate a new one)? Background information: I want to fork Monero for use as part of a school assignment (there are other ...
13
votes
1answer
460 views

Could Monero help me to implement a safe election for a small group of students?

The problem I am in charge of implementing a secure, secret election for a small group of students on my school. I have a list linking valid student IDs to emails, and I want each one of them to vote ...
13
votes
1answer
350 views

How did Monero Research Lab members learn about Monero?

Did the original Monero core team reach out to cryptographers in order to seek review of the original CryptoNote whitepaper? Or did the mathematicians hear about CryptoNote from some other means and ...
13
votes
1answer
14k views

How to use the view key to see amount sent to cold storage?

I know that you can't view both incoming and outgoing transactions of a cold wallet, but I'm still confused as to how I can see if my previous transactions I made have actually reached my cold storage ...
12
votes
3answers
4k views

What do Monero addresses have in common?

Monero addresses are very long and are supposed to be random, but I have noticed that all of them start with the number 4. Are there any other similarities shared by all Monero addresses?
12
votes
3answers
3k views

Monero inception and history. How did monero get started, what are its origins and which are important historical events of its development? [closed]

I did some research, and I get that the first came Cryptonote and its implementation - ByteCoin, as an "official" coin. From there came bitmonero, and from it came monero. During its life, since ...
12
votes
4answers
51k views

Is there a tool for making secure cold wallets?

There is a quite long and complex guide on how to make a secure 'cold' or offline wallet on reddit. Is there a quicker and more simple way to do this that takes less time and is less complicated, but ...
12
votes
2answers
293 views

Number of Monero block explorers and their unique features

How many Monero block explorers are currently known to exist? What unique features separate one block explorer from another? What differences do they have in terms of privacy and security ...
12
votes
2answers
122 views

What contributions (if any) are there to the overall blockchain size, other than the actual transaction sizes?

Given that the median transaction sizes are so similar between Monero and Bitcoin (see this question), what other contributions are there to the overall blockchain size (e.g. database overheads or ...
12
votes
2answers
204 views

Is a Monero hardfork to replace stolen funds impossible due to its untraceability

If a hacker was able to steal coins from a major Monero exchange or large owner would Monero developers be able to do anything to recover the stolen funds (assuming they wanted to try)? Is it ...
12
votes
2answers
446 views

If Poloniex was hacked or shutdown, what effects would that have on Monero? [closed]

If Poloniex was hacked or shutdown, what effects would that have on Monero? I suspect they have a ton of coins there, since it seems to be the largest monero exchange. Would it effect the coin in ...
12
votes
3answers
5k views

Do I need to sync the entire blockchain before I can send a transaction?

I have a cold storage wallet that I have only used to receive payments. After recovering my wallet with my mnemonic seed, do I need to synchronize the entire blockchain before I can send a ...
12
votes
1answer
2k views

Why are there many Monero addresses starting with 4JUdGzv…QvVCjZb?

So far I've found: 4JUdGzvrMFDWrUUwY3toJATSeNwjn54LkCnKBPRzDuhzi5vSepHfUckJNxRL2gjkNrSqtCoRUrEDAgRwsQvVCjZbRx8NCvspxJMRJcG69H ...
12
votes
3answers
5k views

Setup remote-connectable node?

I'd like to setup a full remote node for personal usage (meaning I want it to act as a full node to help decentralize the network, but I don't want it to be open to everyone for use with the GUI / CLI ...
12
votes
3answers
2k views

Is it possible to run a full monerod node on Android?

I have a spare Android smartphone and thought of running a full node on it, since its power consumption is very low and I wouldn't have to run my PC all day but still would have an up to date monerod ...
12
votes
2answers
606 views

Are there any Monero specific programming language “libraries” available?

I understand that simplewallet has a raw JSON RPC interface available, but are there any specific "helper" libraries available for a relatively modern programming language(PHP, Python, Java, ...
12
votes
2answers
3k views

What is the checksum at the end of a mnemonic seed?

What is the meaning of the checksum at the end of a mnemonic seed? Is the checksum always a word found earlier in the mnemonic? what is the purpose of it? Can a valid mnemonic seed be created ...
12
votes
2answers
14k views

What is a “[P2P0]WARNING: no two valid MoneroPulse DNS checkpoint records were received” warning?

At the end of synchronization I saw this error: [P2P0]WARNING: no two valid MoneroPulse DNS checkpoint records were received I noticed no effect on the functionality of the daemon or the wallet, ...
12
votes
1answer
237 views

If I send two transactions to the same recipient, can they infer the true sender?

I send two transactions to the same recipient. The two sets of mixins used to generate the transactions would each include my public address. Is the recipient then able to reasonably infer that my ...
12
votes
2answers
2k views

What is the purpose of locked balance?

Funds get blocked for a few blocks while sending/getting a transaction. What is the purpose of it and how does it work?
12
votes
2answers
854 views

Why was `always-confirm-transfers = 1` not the default in version 0.10.0.0?

Let's say you just sent a transaction in monero-wallet-cli and you decide to copy that line and paste it in the daemon for whatever reason. Maybe you are thinking about editing its value or payment ID ...
12
votes
1answer
686 views

Meaning of “62 days ahead” message after full node has finished synchronizing

What does the message "62 days ahead" message mean? My full node has finished synchronizing (I confirmed this by comparing my block height with both moneroblocks.info and Explore.MoneroWorld.com)
12
votes
1answer
5k views

How to create a cold storage & watch-only wallet

Using monero-wallet-cli, I want to safely create a cold storage wallet and make a watch-only counterpart which I later want to use on my Windows PC to monitor the balance. How can I do this?
12
votes
1answer
1k views

Why is the viewkey able to track incoming transactions, but not outgoing transactions?

This question basically boils down to why can't we have a single key that we can publish, such that an auditor could see incoming transactions, outgoing transactions, and thus a balance of a certain ...
12
votes
1answer
443 views

Monero-Core build instructions?

It seems some work is being made on monero-core and I wanted to check out the most recent builds. However the repository (https://github.com/mbg033/monero-core) lists build instructions as TODO. Is ...
12
votes
2answers
909 views

How can one query the blockchain's database?

I realize that LMDB is very different from your typical SQL database, but is there a query language, or scripting language interface, that can be used to query the blockchain's database? I am aware ...
12
votes
2answers
2k views

Mining Monero with Pencil and Paper

People have successfully performed SHA-256 hashing with pencil and paper If I wanted to perform the CryptoNight PoW by hand how would I do so? Are there any PoW instructions that a human with a ...
12
votes
1answer
175 views

Longest block time and standard deviation

Monero blocks are on average 2 minutes apart, but how much is the variation? What is the standard deviation of block times generation time? Can the above question be modeled as an exponential ...
12
votes
1answer
145 views

Practical usages of message signing

What are some practical usages of message signing other than proving ownership of a Monero public key?
12
votes
1answer
235 views

How much larger would a mixin=4 Monero transaction be compared to a Bitcoin transaction?

I've heard estimates ranging from 5-10 times bigger, but is it possible to come up with a more precise answer? By how much will this figure change after RingCT is implemented? What other factors might ...
12
votes
1answer
429 views

With Monero firmware loaded on a Trezor, how does one create private spend keys from the BIP 39 seed words supplied during a Trezor's configuration?

I’ve experimented with Monero’s V0313 experimental firmware that is installed on a traditionally hierarchical deterministic Trezor hardware device, which is also immune to key loggers and the CSRF ...
11
votes
5answers
1k views

Can we practically compensate full nodes

Is it practical to compensate full nodes in the Monero network? The nodes that aren't mining The primary issue with non-Proof of Stake methods is the sybil attack, but requiring full nodes to already ...
11
votes
4answers
319 views

Can Monero stand as a distinct cryptocurrency, or will its features be brought to Bitcoin via sidechains?

Is Monero intended to be a competitor to Bitcoin, or is the intent to develop technology that will improve Bitcoin? Is there any reason why Monero's features wouldn't just be brought to Bitcoin ...
11
votes
3answers
149 views

Hashrate correlation by time of day

Looking at historical Monero hash rate data it appears as if the hashrate is often the highest near 0:00 GMT and lowest near 12:00 GMT What credible explanations are there for this pattern? What ...
11
votes
3answers
3k views

Why does monerod consume so much CPU?

I'm on an i7 core but monerod consumes up to 300% CPU at times. When I am catching up on the blockchain, it renders my computer nearly unusable. Is this normal? When the chain is synced, CPU use is ...
11
votes
2answers
384 views

Can Ring Confidential Transactions Range Proofs be pruned?

RingCT adds a set of range proofs to each transaction. Can these be pruned? Would there be a need for "full nodes" which retain these proofs? If so, why?
11
votes
2answers
193 views

Provably burning Monero

Is it possible to provably burn Monero? Does its use mandatory ring signatures and stealth addressing make proving that Monero was sent to a "burn address" impossible to verify? If proof of burn is ...
11
votes
3answers
1k views

How much money would be required to cloud mine 51% of the network hash rate?

Cloud mining is generally a very expensive way to mine over the long run. However if the goal was to mine only for one day and in attempt to 51% attack a network it might be cheaper than purchasing ...

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