9
votes
What would be reasons to further increase block time?
If orphan levels increased or were above some tolerable threshold, an increase in block time would help alleviate the situation. This answer to a question about unlocked balances explains Monero's ...
- 2,501
8
votes
Accepted
What would be reasons to further increase block time?
What would be good reasons to further increase block time in the future?
A couple good reasons would include if pools were experiencing a lot of orphaned blocks or if blocks were routinely empty.
...
- 3,737
7
votes
Accepted
How do I split my wallet into smaller denominations?
You can do this by using the transfer_original command. The default transfer command will not split, but seems to be aggregating all the amounts going to the same address in a single denomination. ...
- 20k
6
votes
Accepted
Protecting myself from myself
This isn't available in the wallet software yet, but it is technically possible to set an "unlock_time" on a transaction:
How to use unlock_time?
The idea being that you could pass a future date in ...
- 1,257
6
votes
Accepted
If I need to send a bunch of transactions, how can I stop the wallet from using my entire balance as change during the first transaction?
There's no direct way, but there could be a workaround.
The protocol doesn't limit the number of inputs/outputs. So, you could split the first transaction into many outputs where some (or all) of ...
- 20k
5
votes
Accepted
Unlock time clarity
Question: is the unlock block height the first block that an output is spendable, or the last block it is unspendable? ... can the coinbase be spent in block 61 or must it be at least block 62?
61.
- 19.4k
5
votes
Accepted
Is the 10-block lock time a protocol rule? What rules accompany it?
A. Is this a wallet rule or a protocol/daemon rule?
It's a wallet / daemon rule. The number of blocks is defined as a pre-compiler constant CRYPTONOTE_DEFAULT_TX_SPENDABLE_AGE.
B. Does the rule only ...
- 20k
5
votes
Accepted
Why are coinbase transactions locked for 60 blocks?
As far as I understand, this is to make sure that the coins were mined on the longest blockchain, and thus the longer "delay" of 60 blocks is meant as a safeguard against transactions becoming invalid ...
- 4,539
5
votes
What are some use cases for setting a transaction unlock time?
The main use is as Commitment Devices; that is when you (or someone else) don't trust yourself with your own short term decisions and impulsiveness. For example:
1) Compulsory savings plan: you, or ...
- 3,327
4
votes
Accepted
How to use unlock_time?
It's a field in the rpc call to send a transaction, see here:
https://github.com/monero-project/monero/blob/0edcbf6716cdfd2ea5439a7788cca0041b40a2e2/src/wallet/wallet_rpc_server_commands_defs.h#L124
...
- 4,413
3
votes
Accepted
How many blocks must miners wait before spending the block subsidy?
The Coinbase can be spent after 60 blocks.
See
CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW
- 643
3
votes
Suggestions on how to consistently get more outputs?
Take a look at a response to issue #2351:
You can send 50 monero 20 times in one tx to yourself (make sure you have set merge-destinations to 0 first). This will break up the 1000 output.
Also ...
- 484
3
votes
Will we eventually get rid of "locked" and "unlocked" balances?
The amount which remains unlocked after a transaction depends on the number of unspent outputs (UTXO) you have in the wallet.
Consider those scenarios:
A: One UTXO
You have filled the wallet with ...
- 620
2
votes
Accepted
How long are mining rewards locked on testnet?
If the rules are the same as on the main network, you need to wait 60 blocks (ca. 2 hours) to see the balance unlocked for coins that you mine.
For normal transactions, the balance is locked for 10 ...
- 2,218
2
votes
Accepted
Monero coins locked after sending money
New outputs are locked for 10 blocks (unless the sender selects more), which is about 20 minutes on average. If all your monero is in a single output, then sending it will lock your entire balance for ...
- 34.9k
2
votes
How can I automatically sell Monero? What about the balance locking?
How can I automatically sell Monero?
This is a little vague. What are you selling Monero for? Assuming you are selling Monero for some other cryptocurrency, you can still sell with zero-conf if you ...
- 19.4k
1
vote
Accepted
How do you lock X amount of monero for 200 blocks using the cli wallet?
You can use the locked_transfer command:
locked_transfer 4xxx... 10 200
It will look something like this:
- 4,578
1
vote
Accepted
How does one prove that a user has locked Monero for X blocks?
You can prove a) that a tx has locked coins by providing the tx hash of the tx which has the locked funds and b) prove you created the tx.
To prove a tx has locked funds, simply give the user the ...
- 19.4k
1
vote
Are transactions with multiple real inputs bound to require all the real inputs
The OP workaround does not actually mimic a Bitcoin nLockTime tx, because the second tx (with the actual funds), is not published - it cannot be, the network would reject it. An nLockTime tx is ...
- 19.4k
1
vote
What is the concept of Refund Transactions from the MRL?
This isn't particularly helpful, but it's all I can find.
"Refund Transactions
Informal discussions with a Purdue researcher at the IEEE workshop yielded great new information about refund ...
- 139
1
vote
Accepted
Is there a coin time lock ability in Monero like the one in Bitcoin?
In monero-wallet-cli you can use the locked_transfer command to send money to yourself and lock it for a number of blocks.
- 3,344
1
vote
Transfers from 3 days ago still "locked" in Monero GUI wallet
Normally, transfers are locked for 10 blocks. If yours were still locked, it means either node node was failing to sync to the chain, or the wallet failed to refresh from the node. You'd see that if ...
- 34.9k
1
vote
My wallet rpc server's balance doesn't update
Waiting 10 more mins until it reached ~60 block maturity allowed me to access my coins. The problem wasn't to do with the server, but to do with the fact that the mined coins must wait much longer ...
- 857
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