Autonio AI Trading Assistant is now downloadable for Linux/Mac/Windows. ------------------------------------------------------ Unleash your true potential in trading ------------------------------------------------------ Autonio is a decentralized artificially intelligent trading system that turns crypto-trading into a more rewarding and convenient practice.
XTRABYTES™ goes beyond being a currency. It's a next-gen blockchain platform that allows DApps to be programmed in any language, utilizing a new and ecological consensus algorithm. Standard blockchain environments contain many centralization vulnerabilities, such as self-contained development, consensus methods, and coin monopolization. The XTRABYTES™ platform seeks to rectify these limitations by creating a truly decentralized crypto currency and applications platform.
Binance Official Trust Wallet Releases MacOS Desktop Client. This release is specifically for the macOS with other operating systems including Windows and Linux, to be launched later. Trust Wallet is the official software wallet of major crypto exchange and trading platform.
Geeq - A serious contender for the most game changing project of 2020.
Recently Posted in the Geeq Trading Channel by a community ambassador. I'd like to officially welcome all the new people to the Geeq community, this is going to be long but I'd just like to say a few words and get it out of the way. I've talked with (username removed) about the discussions of other projects in this channel, we agreed to let it happen until the official launch of the Geeq token as this is a community trading channel, and it isn’t trading as of yet. In a way it’s important to acknowledge the good and bad about the macro outlook of crypto so people can learn from the mistakes together, and we don’t want to discourage thoughtful and informative dialogue. (username removed) and I are community members, whatever we do or say may not be used against the Geeq core as of such so please take our views as just personal opinions, we will have many of them lol. The Why’s? Why did I invest in Geeq? Why did my initial evaluation increase week on week on the marketcap of Geeq?, before I really looked into Geeq I had a sell price point at $1, this was 9 months ago. Why am I now seeing the bigger picture of the potential behemoth Geeq is? Why is the team willing to work for free for all these years? Why is the marketing team doing this for free? They have a very lucrative business before they joined the wing’s of the Geeq protocol (and they still do). Why is it for free? Why is the team decked with the most experience individuals in their fields? Why is Ric Asselstine, the gentlemen that helped build Canada’s biggest software company doing $5 billion revenue a year dedicating so many years on Geeq’s protocol? Why is John P. Conley with all his insane credentials in game theory, mechanism design, mathematical economics, and public theory join the team and do it for free for all these years? Why is Stephanie So, CDO & Founder of Geeq dedicate all these years working for free for Geeq? She was the first to use machine learning on social science data at the National Center for Supercomputing Applications, and recently Dell named her top 4 Influential Women in tech, why is she doing this? Why is Lun-Shin Yuen working on Geeq for free? He was the THIRD engineer working there, they are now worth $77.23 Billion in market share and doing over $6.7 Billion of revenue a year. Why is he here? Why is Eric Ball the former treasurer of Oracle between 2005-2015 involved in Geeq? I looked up how well he managed the $60 billion Larry Ellison had, while he was in charge, Larry peaked to the 4th richest person in the world, Mr Ball was managing his money during then, so what does that say? Why is Ian Smith, a savant and expert in network and OS security and system theory working here for free? He is fluent in 20 coding languages, He helped teach Linux at Nasa, why is this gentlemen here? Why did Dr Yeap reach out to the Geeq team to join as an Advisor? He has dozens of patents under him that run for decade’s long. Why Did Kurt Hoppe, the current Director at Google of Product Management in the Android Automotive sector of Google join as an advisor recently? He is a Board member in the Internet of things consortium, Former Global Head of Innovation at General Motors and former Director at LG Electronics Smart Home & Smart TV, why is he wanting to get involved with Geeq? These are few of my personal opinions. Because they are thinking 100 years ahead, not 1 year ahead. Currently crypto is full of people that are looking to make a quick buck, this isn’t one of them, sure you may make some money but why sell yourself short when you look at the product they have designed, created, protected and about to implement to the world of technology. It’s the best security in software, BFT tolerance is 99%, Sybil, Wealth and Nation-State proof, money cannot determine the control of the protocol, hash power cannot determine the control of the protocol. This is huge, this isn’t the buzz word, no one gets excited over security, but to me it’s the biggest deal in the technology world, from this point on, anyone who builds on this is inherently protected from future law suits (e.g. hacks losing peoples funds) due to potential corruption in chains, what the ledger says, says as John puts it. It cannot be changed for any sort of benefit to an individual or nation-state, This means it’s appealing to IoT applications such as Smart cars (corrupt the data and you could drive a car off the cliff), Telemetry, streaming payments, peer to peer content, literally anything you can think of, this would be the best platform to do it with. Micropayments- 1/100th of a cent, streaming and paying per second can now be done due to this. Anonymous- No point showing everyone’s detail’s such as buying personal goods at a store, no one needs to know this type of data, it’s logical in the way it displays important information and weeds out unnecessary public data. Trustless- Edge Security, you can see as an individual who is playing by the rules or not. AMP- Algorithmic Monetary Policy embedded and coded to reduce the risk of sharp drops/sharp pumps, healthy flow. As stated in the White Paper as an example: “A 25 node network running at 20 TPS allows 630M transactions per year and creates 630GB of chain data. Transactions cost users $.0001 each and this generates a total of $62k revenue per year. Approximately $1.7k in $GEEQ is paid to each node per year for their validation services. Geeq receives $21k in annual revenue from one such geeqchain instance.” (Ref: Section 7.1). This is ONE example, ONE chain, it does not represent ONE company, it could be ONE function of ONE Company, my point is, this is scalable to the billions of IoT devices, this has no limit of data input, If you are using Geeq in a smart city, it will be doing Billions of transactions a day. Just one example. In 2017 there was 7 Billion IoT devices, 2019 the devices reached 26.66 Billion, During 2020 it’s expected to be 31 Billion IoT Devices, this is a growing market as you can tell, this is the future, Geeq will capitalize on this. The list goes on and on and on and on and on and on and on. So since this is a trading channel, this is my opinion as to why this may exceed a lot of peoples price points in the long-term. We have no chart to determine the value of this coin, but what you can value it is on the target market, potential marketshare, the teams credentials, the protocol’s potential, the protection of the protocol (patent). A lot of people coming in here throwing numbers out without any actual real evidence to back it up, everyone has there own personal opinion on prices, which is fine but please make the most educated guess you can with the information you have as of now, now rethink to yourself what Geeq is doing, and why I’m so bullish. This is the beginning, since Geeq is built on decentralization, it’s important we act as a community and treat each other with respect, this is a long journey and it’s just starting, this channel should be used to lean on each other and build a very healthy community because this is a very long road, the Geeq team lead by example by showing how much patience they have, they answer the same questions every 30 minutes, I have not seen a TG group that has done this with such respect to random people ( This was a big reason why I went all in). This has the right mixture to be really something big, and I really hope everyone here does their research on Geeq, I’m not technical but I can see what the vision is, what is my price point? How can you value the most powerful team, protocol and vision in crypto? You can’t put a price on a protocol that will be setting the standard. Website: https://geeq.io One Pager: https://geeq.io/one-page White Paper: https://geeq.io/geeq-white-paper-2/ Tokenomics: https://geeq.io/tokenomics/ Team: https://geeq.io/people/ Token Release Date/Time: https://geeq.io/geeq-token-generation-event/ I hope you enjoyed the read and take a look into the project. I genuinely think this is the biggest project of the year with enormous potential. Look at all the shitcoins that take off and then look at this team and the ambitions and development behind it and it will quickly become clear that this is the one hell of a project.
Updated list of Global Beermoney opportunities (+180!) - June 2020
Updated list of Global Beermoney opportunities (+180!) - June 2020
Introduction
The current, and now previous, Beermoney Global list started nearly 5 years ago. It’s been updated and has grown over all that time, but it also became a hassle to keep current. It was time to build a new list from scratch based on my experience in the Beermoney world over all these years and all the contributions all of you have been making in this sub. The lists consist of opportunities that are available in at least one country that is not the US. This means there are sites which only work in Canada or the UK. There’s sites which are open to the whole world, but this does not mean everyone can really earn something on it. It’s all still very demographic and therefore location dependent. This list should give you a starting point to try out and find what works for you. I’m not using everything myself as I prefer to focus on a few, so not all are tested by me. They are found in this sub, other subreddits and other resources where people claim to have success. I’ve chosen the format of a simple table with the bare minimum of information to keep things clean. It includes a link, how you earn, personal payment proof if available and sign-up bonus codes if applicable. Some of these bonuses are also one-time use codes specifically made for this sub! For the ones I don’t have payment proof (yet) feel free to provide some as a comment or via modmail so others know it’s legit. I am working on detailed instructions for each method that I personally use which will include things like cashout minimum, cashout options, tips & tricks,... For now I’ve split things up based on the type of earning like passive or mobile. Because of this there’s sometimes an overlap as some are both passive and on mobile or both earning crypto and a GPT (Get Paid To) website. The lists are obviously not complete so I invite you to keep posting new ones in the sub, as a comment to this post, or in modmail. Especially if you have sites or apps which work for one single specific country I can start building a list, just like I did for The Netherlands and Belgium. If you recognize things which are in fact scams or not worth it let me know as well.
Beermoney opportunities
Get Paid To (Surveys, tasks, offers, videos, clicking links, play games, searching)
For The Netherlands there are a few very good options next to a bunch of ‘spaarprogramma’s. There ‘spaarprogramma’s are all the same where you receive and click a bunch of e-mails, advertisements, banners,... I advise you to create a separate e-mail address or use a good filter in your inbox as you will be spammed to death. I believe they can be a nice piece of beermoney but they take quite the effort.
The one-time sign-up bonus programs are still to be found here. If you find a new one let me know so I can create the post to keep all the ref links together.
Saving money
Although it’s not really about making money online, it’s still nice to save some money as well when shopping online.
/r/Monero Weekly Discussion – August 15, 2020 - Use this thread for general chatter, basic questions, and if you're new to Monero
Index
General questions
Wallet: CLI & GUI
Wallet: Ledger
Nodes
1. General questions
Where can I download the Monero wallet?
There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files when possible. Please note the following usage of the labels: ⚠️ - Relatively new and/or beta. Use wallet with caution. ☢️ - Closed source.
Desktop wallets
Wallet
Device
Description
Download link
"Official" GUI / CLI
Windows, macOS, Linux
Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.15.0.1 / 0.15.0.4.
Lightweight wallet -- you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. It also has web-based and iOS versions.
Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.
How can I prove that I sent a payment?
The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).
How do I buy Monero (XMR) with Bitcoin (BTC)?
There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.
How do I buy Monero (XMR) with fiat?
Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.
How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?
There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration. That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.
How do I mine Monero? And other mining questions.
The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.
2. Wallet: CLI & GUI
Why I can't see my balance? Where is my XMR?
Before any action there are two things to check:
Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
Is your wallet fully synchronized? If it isn't, wait the sync to complete.
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized. You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait. If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.
How do I upgrade my wallet to the newest version?
This question is beautifully answered on StackExchange.
Why does it take so long to sync the wallet [for the first time]?
You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization. Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).
I don't want to download the blockchain, how can I skip that?
The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld. Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy.A remote node can't see your balance and it can't spend your XMR.
How do I restore my wallet from the mnemonic seed or from the keys?
To restore your wallet with the 25 word mnemonic seed, please see this guide. To restore your wallet with your keys, please see this guide.
3. Wallet: Ledger
How do I generate a Ledger Monero Wallet with the GUI or CLI?
This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.
4. Nodes
How can my local node become a public remote node?
If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".
How can I connect my node via Tor?
This question is beautifully answered on StackExchange.
How many people really understand what they’re buying, especially when it comes to highly specialized hardware companies? Most NVidia investors seem to be relying on a vague idea of how the company should thrive “in the future”, as their GPUs are ostensibly used for Artificial Intelligence, Cloud, holograms, etc. Having been shocked by how this company is represented in the media, I decided to lay out how this business works, doing my part to fight for reality. With what’s been going on in markets, I don’t like my chances but here goes: Let’s start with… How does NVDA make money? NVDA is in the business of semiconductor design. As a simplified image in your head, you can imagine this as designing very detailed and elaborate posters. Their engineers create circuit patterns for printing onto semiconductor wafers. NVDA then pays a semiconductor foundry (the printer – generally TSMC) to create chips with those patterns on them. Simply put, NVDA’s profits represent the difference between the price at which they can sell those chips, less the cost of printing, and less the cost of paying their engineers to design them. Notably, after the foundry prints the chips, NVDA also has to pay (I say pay, but really it is more like “sell at a discount to”) their “add-in board” (AIB) partners to stick the chips onto printed circuit boards (what you might imagine as green things with a bunch of capacitors on them). That leads to the final form in which buyers experience the GPU. What is a GPU? NVDA designs chips called GPUs (Graphical Processing Units). Initially, GPUs were used for the rapid processing and creation of images, but their use cases have expanded over time. You may be familiar with the CPU (Central Processing Unit). CPUs sit at the core of a computer system, doing most of the calculation, taking orders from the operating system (e.g. Windows, Linux), etc. AMD and Intel make CPUs. GPUs assist the CPU with certain tasks. You can think of the CPU as having a few giant very powerful engines. The GPU has a lot of small much less powerful engines. Sometimes you have to do a lot of really simple tasks that don’t require powerful engines to complete. Here, the act of engaging the powerful engines is a waste of time, as you end up spending most of your time revving them up and revving them down. In that scenario, it helps the CPU to hand that task over to the GPU in order to “accelerate” the completion of the task. The GPU only revs up a small engine for each task, and is able to rev up all the small engines simultaneously to knock out a large number of these simple tasks at the same time. Remember the GPU has lots of engines. The GPU also has an edge in interfacing a lot with memory but let’s not get too technical. Who uses NVDA’s GPUs? There are two main broad end markets for NVDA’s GPUs – Gaming and Professional. Let’s dig into each one: The Gaming Market: A Bit of Ancient History (Skip if impatient) GPUs were first heavily used for gaming in arcades. They then made their way to consoles, and finally PCs. NVDA started out in the PC phase of GPU gaming usage. They weren’t the first company in the space, but they made several good moves that ultimately led to a very strong market position. Firstly, they focused on selling into OEMs – guys like the equivalent of today’s DELL/HP/Lenovo – , which allowed a small company to get access to a big market without having to create a lot of relationships. Secondly, they focused on the design aspect of the GPU, and relied on their Asian supply chain to print the chip, to package the chip and to install in on a printed circuit board – the Asian supply chain ended up being the best in semis. But the insight that really let NVDA dominate was noticing that some GPU manufacturers were focusing on keeping hardware-accelerated Transform and Lighting as a Professional GPU feature. As a start-up, with no professional GPU business to disrupt, NVidia decided their best ticket into the big leagues was blowing up the market by including this professional grade feature into their gaming product. It worked – and this was a real masterstroke – the visual and performance improvements were extraordinary. 3DFX, the initial leader in PC gaming GPUs, was vanquished, and importantly it happened when funding markets shut down with the tech bubble bursting and after 3DFX made some large ill-advised acquisitions. Consequently 3DFX, went from hero to zero, and NVDA bought them for a pittance out of bankruptcy, acquiring the best IP portfolio in the industry. Some more Modern History This is what NVDA’s pure gaming card revenue looks like over time – NVDA only really broke these out in 2005 (note by pure, this means ex-Tegra revenues): 📷 https://hyperinflation2020.tumblr.com/private/618394577731223552/tumblr_Ikb8g9Cu9sxh2ERno So what is the history here? Well, back in the late 90s when GPUs were first invented, they were required to play any 3D game. As discussed in the early history above, NVDA landed a hit product to start with early and got a strong burst of growth: revenues of 160M in 1998 went to 1900M in 2002. But then NVDA ran into strong competition from ATI (later purchased and currently owned by AMD). While NVDA’s sales struggled to stay flat from 2002 to 2004, ATI’s doubled from 1Bn to 2Bn. NVDA’s next major win came in 2006, with the 8000 series. ATI was late with a competing product, and NVDA’s sales skyrocketed – as can be seen in the graph above. With ATI being acquired by AMD they were unfocused for some time, and NVDA was able to keep their lead for an extended period. Sales slowed in 2008/2009 but that was due to the GFC – people don’t buy expensive GPU hardware in recessions. And then we got to 2010 and the tide changed. Growth in desktop PCs ended. Here is a chart from Statista: 📷https://hyperinflation2020.tumblr.com/private/618394674172919808/tumblr_OgCnNwTyqhMhAE9r9 This resulted in two negative secular trends for Nvidia. Firstly, with the decline in popularity of desktop PCs, growth in gaming GPUs faded as well (below is a chart from Jon Peddie). Note that NVDA sells discrete GPUs, aka DT (Desktop) Discrete. Integrated GPUs are mainly made by Intel (these sit on the motherboard or with the CPU). 📷 https://hyperinflation2020.tumblr.com/private/618394688079200256/tumblr_rTtKwOlHPIVUj8e7h You can see from the chart above that discrete desktop GPU sales are fading faster than integrated GPU sales. This is the other secular trend hurting NVDA’s gaming business. Integrated GPUs are getting better and better, taking over a wider range of tasks that were previously the domain of the discrete GPU. Surprisingly, the most popular eSports game of recent times – Fortnite – only requires Intel HD 4000 graphics – an Integrated GPU from 2012! So at this point you might go back to NVDA’s gaming sales, and ask the question: What happened in 2015? How is NVDA overcoming these secular trends? The answer consists of a few parts.Firstly, AMD dropped the ball in 2015. As you can see in this chart, sourced from 3DCenter, AMD market share was halved in 2015, due to a particularly poor product line-up: 📷 https://hyperinflation2020.tumblr.com/private/618394753459994624/tumblr_J7vRw9y0QxMlfm6Xd Following this, NVDA came out with Pascal in 2016 – a very powerful offering in the mid to high end part of the GPU market. At the same time, AMD was focusing on rebuilding and had no compelling mid or high end offerings. AMD mainly focused on maintaining scale in the very low end. Following that came 2017 and 2018: AMD’s offering was still very poor at the time, but cryptomining drove demand for GPUs to new levels, and AMD’s GPUs were more compelling from a price-performance standpoint for crypto mining initially, perversely leading to AMD gaining share. NVDA quickly remedied that by improving their drivers to better mine crypto, regaining their relative positioning, and profiting in a big way from the crypto boom. Supply that was calibrated to meet gaming demand collided with cryptomining demand and Average Selling Prices of GPUs shot through the roof. Cryptominers bought top of the line GPUs aggressively. A good way to see changes in crypto demand for GPUs is the mining profitability of Ethereum: 📷 https://hyperinflation2020.tumblr.com/private/618394769378443264/tumblr_cmBtR9gm8T2NI9jmQ This leads us to where we are today. 2019 saw gaming revenues drop for NVDA. Where are they likely to head? The secular trends of falling desktop sales along with falling discrete GPU sales have reasserted themselves, as per the Jon Peddie research above. Cryptomining profitability has collapsed. AMD has come out with a new architecture, NAVI, and the 5700XT – the first Iteration, competes effectively with NVDA in the mid-high end space on a price/performance basis. This is the first real competition from AMD since 2014. NVDA can see all these trends, and they tried to respond. Firstly, with volumes clearly declining, and likely with a glut of second-hand GPUs that can make their way to gamers over time from the crypto space, NVDA decided to pursue a price over volume strategy. They released their most expensive set of GPUs by far in the latest Turing series. They added a new feature, Ray Tracing, by leveraging the Tensor Cores they had created for Professional uses, hoping to use that as justification for higher prices (more on this in the section on Professional GPUs). Unfortunately for NVDA, gamers have responded quite poorly to Ray Tracing – it caused performance issues, had poor support, poor adoption, and the visual improvements in most cases are not particularly noticeable or relevant. The last recession led to gaming revenues falling 30%, despite NVDA being in a very strong position at the time vis-à-vis AMD – this time around their position is quickly slipping and it appears that the recession is going to be bigger. Additionally, the shift away from discrete GPUs in gaming continues. To make matters worse for NVDA, AMD won the slots in both the New Xbox and the New PlayStation, coming out later this year. The performance of just the AMD GPU in those consoles looks to be competitive with NVidia products that currently retail for more than the entire console is likely to cost. Consider that usually you have to pair that NVidia GPU with a bunch of other expensive hardware. The pricing and margin impact of this console cycle on NVDA is likely to be very substantially negative. It would be prudent to assume a greater than 30% fall in gaming revenues from the very elevated 2019 levels, with likely secular decline to follow. The Professional Market: A Bit of Ancient History (again, skip if impatient) As it turns out, graphical accelerators were first used in the Professional market, long before they were employed for Gaming purposes. The big leader in the space was a company called Silicon Graphics, who sold workstations with custom silicon optimised for graphical processing. Their sales were only $25Mn in 1985, but by 1997 they were doing 3.6Bn in revenue – truly exponential growth. Unfortunately for them, from that point on, discrete GPUs took over, and their highly engineered, customised workstations looked exorbitantly expensive in comparison. Sales sank to 500mn by 2006 and, with no profits in sight, they ended up filing for bankruptcy in 2009. Competition is harsh in the semiconductor industry. Initially, the Professional market centred on visualisation and design, but it has changed over time. There were a lot of players and lot of nuance, but I am going to focus on more recent times, as they are more relevant to NVidia. Some More Modern History NVDA’s Professional business started after its gaming business, but we don’t have revenue disclosures that show exactly when it became relevant. This is what we do have – going back to 2005: 📷 https://hyperinflation2020.tumblr.com/private/618394785029472256/tumblr_fEcYAzdstyh6tqIsI In the beginning, Professional revenues were focused on the 3D visualisation end of the spectrum, with initial sales going into workstations that were edging out the customised builds made by Silicon Graphics. Fairly quickly, however, GPUs added more and more functionality and started to turn into general parallel data processors rather than being solely optimised towards graphical processing. As this change took place, people in scientific computing noticed, and started using GPUs to accelerate scientific workloads that involve very parallel computation, such as matrix manipulation. This started at the workstation level, but by 2007 NVDA decided to make a new line-up of Tesla series cards specifically suited to scientific computing. The professional segment now have several points of focus:
GPUs used in workstations for things such as CAD graphical processing (Quadro Line)
GPUs used in workstations for computational workloads such as running engineering simulations (Quadro Line)
GPUs used in workstations for machine learning applications (Quadro line.. but can use gaming cards as well for this)
GPUs used by enterprise customers for high performance computing (such as modelling oil wells) (Tesla Line)
GPUs used by enterprise customers for machine learning projects (Tesla Line)
GPUs used by hyperscalers (mostly for machine learning projects) (Tesla Line)
In more recent times, given the expansion of the Tesla line, NVDA has broken up reporting into Professional Visualisation (Quadro Line) and Datacenter (Tesla Line). Here are the revenue splits since that reporting started: 📷 https://hyperinflation2020.tumblr.com/private/618394798232158208/tumblr_3AdufrCWUFwLgyQw2 📷 https://hyperinflation2020.tumblr.com/private/618394810632601600/tumblr_2jmajktuc0T78Juw7 It is worth stopping here and thinking about the huge increase in sales delivered by the Tesla line. The reason for this huge boom is the sudden increase in interest in numerical techniques for machine learning. Let’s go on a brief detour here to understand what machine learning is, because a lot of people want to hype it but not many want to tell you what it actually is. I have the misfortune of being very familiar with the industry, which prevented me from buying into the hype. Oops – sometimes it really sucks being educated. What is Machine Learning? At a very high level, machine learning is all about trying to get some sort of insight out of data. Most of the core techniques used in machine learning were developed a long time ago, in the 1950s and 1960s. The most common machine learning technique, which most people have heard of and may be vaguely familiar with, is called regression analysis. Regression analysis involves fitting a line through a bunch of datapoints. The most common type of regression analysis is called “Ordinary Least Squares” OLS regression, and that type of regression has a “closed form” solution, which means that there is a very simple calculation you can do to fit an OLS regression line to data. As it happens, fitting a line through points is not only easy to do, it also tends to be the main machine learning technique that people want to use, because it is very intuitive. You can make good sense of what the data is telling you and can understand the machine learning model you are using. Obviously, regression analysis doesn’t require a GPU! However, there is another consideration in machine learning: if you want to use a regression model, you still need a human to select the data that you want to fit the line through. Also, sometimes the relationship doesn’t look like a line, but rather it might look like a curve. In this case, you need a human to “transform” the data before you fit a line through it in order to make the relationship linear. So people had another idea here: what if instead of getting a person to select the right data to analyse, and the right model to apply, you could just get a computer to do that? Of course the problem with that is that computers are really stupid. They have no preconceived notion of what data to use or what relationship would make sense, so what they do is TRY EVERYTHING! And everything involves trying a hell of a lot of stuff. And trying a hell of a lot of stuff, most of which is useless garbage, involves a huge amount of computation. People tried this for a while through to the 1980s, decided it was useless, and dropped it… until recently. What changed? Well we have more data now, and we have a lot more computing power, so we figured lets have another go at it. As it happens, the premier technique for trying a hell of a lot of stuff (99.999% of which is garbage you throw away) is called “Deep Learning”. Deep learning is SUPER computationally intensive, and that computation happens to involve a lot of matrix multiplication. And guess what just happens to have been doing a lot of matrix multiplication? GPUs! Here is a chart that, for obvious reasons, lines up extremely well with the boom in Tesla GPU sales: 📷 https://hyperinflation2020.tumblr.com/private/618394825774989312/tumblr_IZ3ayFDB0CsGdYVHW Now we need to realise a few things here. Deep Learning is not some magic silver bullet. There are specific applications where it has proven very useful – primarily areas that have a very large number of very weak relationships between bits of data that sum up into strong relationships. An example of ones of those is Google Translate. On the other hand, in most analytical tasks, it is most useful to have an intuitive understanding of the data and to fit a simple and sensible model to it that is explainable. Deep learning models are not explainable in an intuitive manner. This is not only because they are complicated, but also because their scattershot technique of trying everything leaves a huge amount of garbage inside the model that cancels itself out when calculating the answer, but it is hard to see how it cancels itself out when stepping through it. Given the quantum of hype on Deep learning and the space in general, many companies are using “Deep Learning”, “Machine Learning” and “AI” as marketing. Not many companies are actually generating significant amounts of tangible value from Deep Learning. Back to the Competitive Picture For the Tesla Segment So NVDA happened to be in the right place at the right time to benefit from the Deep Learning hype. They happened to have a product ready to go and were able to charge a pretty penny for their product. But what happens as we proceed from here? Firstly, it looks like the hype from Deep Learning has crested, which is not great from a future demand perspective. Not only that, but we really went from people having no GPUs, to people having GPUs. The next phase is people upgrading their old GPUs. It is much harder to sell an upgrade than to make the first sale. Not only that, but GPUs are not the ideal manifestation of silicon for Deep Learning. NVDA themselves effectively admitted that with their latest iteration in the Datacentre, called Ampere. High Performance Computing, which was the initial use case for Tesla GPUs, was historically all about double precision floating point calculations (FP64). High precision calculations are required for simulations in aerospace/oil & gas/automotive. NVDA basically sacrificed HPC and shifted further towards Deep Learning with Ampere, announced last Thursday. The FP64 performance of the A100 (the latest Ampere chip) increased a fairly pedestrian 24% from the V100, increasing from 7.8 to 9.7 TF. Not a surprise that NVDA lost El Capitan to AMD, given this shift away from a focus on HPC. Instead, NVDA jacked up their Tensor Cores (i.e. not the GPU cores) and focused very heavily on FP16 computation (a lot less precise than FP64). As it turns out, FP16 is precise enough for Deep Learning, and NVDA recognises that. The future industry standard is likely to be BFloat 16 – the format pioneered by Google, who lead in Deep Learning. Ampere now does 312 TF of BF16, which compares to the 420 TF of Google’s TPU V3 – Google’s Machine Learning specific processor. Not quite up to the 2018 board from Google, but getting better – if they cut out all of the Cuda cores and GPU functionality maybe they could get up to Google’s spec. And indeed this is the problem for NVDA: when you make a GPU it has a large number of different use cases, and you provide a single product that meets all of these different use cases. That is a very hard thing to do, and explains why it has been difficult for competitors to muscle into the GPU space. On the other hand, when you are making a device that does one thing, such as deep learning, it is a much simpler thing to do. Google managed to do it with no GPU experience and is still ahead of NVDA. It is likely that Intel will be able to enter this space successfully, as they have widely signalled with the Xe. There is of course the other large negative driver for Deep Learning, and that is the recession we are now in. Demand for GPU instances on Amazon has collapsed across the board, as evidenced by the fall in pricing. The below graph shows one example: this data is for renting out a single Tesla V100 GPU on AWS, which isthe typical thing to do in an early exploratory phase for a Deep Learning model: 📷 https://hyperinflation2020.tumblr.com/private/618396177958944768/tumblr_Q86inWdeCwgeakUvh With Deep Learning not delivering near-term tangible results, it is the first thing being cut. On their most recent conference call, IBM noted weakness in their cognitive division (AI), and noted weaker sales of their power servers, which is the line that houses Enterprise GPU servers at IBM. Facebook cancelled their AI residencies for this year, and Google pushed theirs out. Even if NVDA can put in a good quarter due to their new product rollout (Ampere), the future is rapidly becoming a very stormy place. For the Quadro segment The Quadro segment has been a cash cow for a long time, generating dependable sales and solid margins. AMD just decided to rock the boat a bit. Sensing NVDA’s focus on Deep Learning, AMD seems to be focusing on HPC – the Radeon VII announced recently with a price point of $1899 takes aim at NVDAs most expensive Quadro, the GV100, priced at $8999. It does 6.5 TFLOPS of FP64 Double precision, whereas the GV100 does 7.4 – talk about shaking up a quiet segment. Pulling things together Let’s go back to what NVidia fundamentally does – paying their engineers to design chips, getting TSMC to print those chips, and getting board partners in Taiwan to turn them into the final product. We have seen how a confluence of several pieces of extremely good fortune lined up to increase NVidia’s sales and profits tremendously: first on the Gaming side, weak competition from AMD until 2014, coupled with a great product in form of Pascal in 2016, followed by a huge crypto driven boom in 2017 and 2018, and on the Professional side, a sudden and unexpected increase in interest in Deep Learning driving Tesla demand from 2017-2019 sky high. It is worth noting what these transient factors have done to margins. When unexpected good things happen to a chip company, sales go up a lot, but there are no costs associated with those sales. Strong demand means that you can sell each chip for a higher price, but no additional design work is required, and you still pay the printer, TSMC, the same amount of money. Consequently NVDA’s margins have gone up substantially: well above their 11.9% long term average to hit a peak of 33.2%, and more recently 26.5%: 📷 https://hyperinflation2020.tumblr.com/private/618396192166100992/tumblr_RiWaD0RLscq4midoP The question is, what would be a sensible margin going forward? Obviously 33% operating margin would attract a wall of competition and get competed away, which is why they can only be temporary. However, NVidia has shifted to having a greater proportion of its sales coming from non-OEM, and has a greater proportion of its sales coming from Professional rather than gaming. As such, maybe one can be generous and say NVDA can earn an 18% average operating margin over the next cycle. We can sense check these margins, using Intel. Intel has a long term average EBIT margin of about 25%. Intel happens to actually print the chips as well, so they collect a bigger fraction of the final product that they sell. NVDA, since it only does the design aspect, can’t earn a higher EBIT margin than Intel on average over the long term. Tesla sales have likely gone too far and will moderate from here – perhaps down to a still more than respectable $2bn per year. Gaming resumes the long-term slide in discrete GPUs, which will likely be replaced by integrated GPUs to a greater and greater extent over time. But let’s be generous and say it maintains $3.5 Bn Per year for the add in board, and let’s assume we keep getting $750mn odd of Nintendo Switch revenues(despite that product being past peak of cycle, with Nintendo themselves forecasting a sales decline). Let’s assume AMD struggles to make progress in Quadro, despite undercutting NVDA on price by 75%, with continued revenues at $1200. Add on the other 1.2Bn of Automotive, OEM and IP (I am not even counting the fact that car sales have collapsed and Automotive is likely to be down big), and we would end up with revenues of $8.65 Bn, at an average operating margin of 20% through the cycle that would have $1.75Bn of operating earnings power, and if I say that the recent Mellanox acquisition manages to earn enough to pay for all the interest on NVDAs debt, and I assume a tax rate of 15% we would have around $1.5Bn in Net income. This company currently has a market capitalisation of $209 Bn. It blows my mind that it trades on 139x what I consider to be fairly generous earnings – earnings that NVidia never even got close to seeing before the confluence of good luck hit them. But what really stuns me is the fact that investors are actually willing to extrapolate this chain of unlikely and positive events into the future. Shockingly, Intel has a market cap of 245Bn, only 40Bn more than NVDA, but Intel’s sales and profits are 7x higher. And while Intel is facing competition from AMD, it is much more likely to hold onto those sales and profits than NVDA is. These are absolutely stunning valuation disparities. If I didn’t see NVDA’s price, and I started from first principles and tried to calculate a prudent price for the company I would have estimated a$1.5Bn normalised profit, maybe on a 20x multiple giving them the benefit of the doubt despite heading into a huge recession, and considering the fact that there is not much debt and the company is very well run. That would give you a market cap of $30Bn, and a share price of $49. And it is currently $339. Wow. Obviously I’m short here!
/r/Monero Weekly Discussion – July 11, 2020 - Use this thread for general chatter, basic questions, and if you're new to Monero
Index
General questions
Wallet: CLI & GUI
Wallet: Ledger
Nodes
1. General questions
Where can I download the Monero wallet?
There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files when possible. Please note the following usage of the labels: ⚠️ - Relatively new and/or beta. Use wallet with caution. ☢️ - Closed source.
Desktop wallets
Wallet
Device
Description
Download link
"Official" GUI / CLI
Windows, macOS, Linux
Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.15.0.1 / 0.15.0.4.
Lightweight wallet -- you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. It also has web-based and iOS versions.
Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.
How can I prove that I sent a payment?
The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).
How do I buy Monero (XMR) with Bitcoin (BTC)?
There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.
How do I buy Monero (XMR) with fiat?
Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.
How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?
There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration. That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.
How do I mine Monero? And other mining questions.
The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.
2. Wallet: CLI & GUI
Why I can't see my balance? Where is my XMR?
Before any action there are two things to check:
Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
Is your wallet fully synchronized? If it isn't, wait the sync to complete.
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized. You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait. If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.
How do I upgrade my wallet to the newest version?
This question is beautifully answered on StackExchange.
Why does it take so long to sync the wallet [for the first time]?
You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization. Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).
I don't want to download the blockchain, how can I skip that?
The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld. Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy.A remote node can't see your balance and it can't spend your XMR.
How do I restore my wallet from the mnemonic seed or from the keys?
To restore your wallet with the 25 word mnemonic seed, please see this guide. To restore your wallet with your keys, please see this guide.
3. Wallet: Ledger
How do I generate a Ledger Monero Wallet with the GUI or CLI?
This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.
4. Nodes
How can my local node become a public remote node?
If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".
How can I connect my node via Tor?
This question is beautifully answered on StackExchange.
/r/Monero Weekly Discussion – August 01, 2020 - Use this thread for general chatter, basic questions, and if you're new to Monero
Index
General questions
Wallet: CLI & GUI
Wallet: Ledger
Nodes
1. General questions
Where can I download the Monero wallet?
There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files when possible. Please note the following usage of the labels: ⚠️ - Relatively new and/or beta. Use wallet with caution. ☢️ - Closed source.
Desktop wallets
Wallet
Device
Description
Download link
"Official" GUI / CLI
Windows, macOS, Linux
Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.15.0.1 / 0.15.0.4.
Lightweight wallet -- you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. It also has web-based and iOS versions.
Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.
How can I prove that I sent a payment?
The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).
How do I buy Monero (XMR) with Bitcoin (BTC)?
There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.
How do I buy Monero (XMR) with fiat?
Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.
How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?
There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration. That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.
How do I mine Monero? And other mining questions.
The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.
2. Wallet: CLI & GUI
Why I can't see my balance? Where is my XMR?
Before any action there are two things to check:
Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
Is your wallet fully synchronized? If it isn't, wait the sync to complete.
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized. You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait. If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.
How do I upgrade my wallet to the newest version?
This question is beautifully answered on StackExchange.
Why does it take so long to sync the wallet [for the first time]?
You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization. Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).
I don't want to download the blockchain, how can I skip that?
The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld. Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy.A remote node can't see your balance and it can't spend your XMR.
How do I restore my wallet from the mnemonic seed or from the keys?
To restore your wallet with the 25 word mnemonic seed, please see this guide. To restore your wallet with your keys, please see this guide.
3. Wallet: Ledger
How do I generate a Ledger Monero Wallet with the GUI or CLI?
This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.
4. Nodes
How can my local node become a public remote node?
If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".
How can I connect my node via Tor?
This question is beautifully answered on StackExchange.
To the people who think tribalism and complexity is holding crypto back
First I'll address the arguement that toxic tribalism is stopping crypto from going mainstream. Ask an android user what they think of apple Ask a Playstation user what they think of Xbox Ask a PC gamer what they think of consoles Ask a Linux user what they think of windows Ask a Reddit user what they think of Facebook Ask a "the last of us" fan what they of "the last of us two" This list literally goes on for an eternity. The problem has nothing to do with crypto, it's just people in general feel the need to defend their choices. There's no need to worry about it holding us back from any progress in the future. Second I'll address the arguement that crypto is too complicated for mainstream. Crypto addresses look complex the first time you see one. But remember this is 1 string of letters and numbers you need to copy and paste. Bank cards have: An account number A sort code A card number Expiry dates Security code And recently a online passcode to authenticate the purchase. The only reason you no longer see traditional banking as complicated, is because you have used it so many times it no longer confuses you. If you've ever used a decentralised app with metamask. You'll know what I mean when I say, it's so much easier to use than having to log in to a centralised service. You can make a trade on uniswap within 10 seconds of opening your laptop. Conclusion There isn't one, just stop being negative.
this is courtesy of BegaMutex Firstly, please all join me in thanking Andre Patta (@andrepatta) for using his spare time to create the Electroneum Desktop Wallet. Adapting the original XMR wallet to work with ETN would not have been an easy task, so a HUGE thanks to Andre for the excellent job he has done. Also, a shout out to the Monero developer community for creating the XMR GUI for which the ETN Desktop Wallet is based on.
IMPORTANT NOTICE : The ETN Desktop Wallet was neither created nor is maintained by Electroneum Ltd. As with any public open source project, by using the desktop wallet you agree to take full responsibility for any and all results of its usage. Careful consideration and analysis should be done of the software and its licence before installing it.
Why use a desktop wallet when we have the Mobile App?
Electroneum provides a free online/mobile wallet that anyone can use for managing their ETN. Using this allows you to not only send and receive ETN directly from your phone but it also gives you access to a range of additional second layer services which have been developed by Electroneum Ltd on top of the Blockchain. These include:
Instant Payment system for buying items from any one of the thousands of vendors who accept ETN as payment.
The ability to top-up your mobile data in over 140 countries worldwide directly from the app itself.
Integration with the AnyTask.com 4 freelancer platform enabling users to sell digital services across the globe.
However, everything accessible online holds a certain amount of risk, thus it is generally accepted that you should never leave more crypto-currency online than you wish to use. So, when you are not buying items in the app or trading on an exchange it is highly recommended that you store your ETN off the internet, preferably in cold storage. The current way of doing this (using the command line interface, CLI in conjunction with locally stored or paper wallet) is more orientated towards technical users and is thus not very user friendly. This is where the ETN Desktop wallet comes in. The ETN Desktop Wallet is a new, easy to use interface for interacting with the ETN public blockchain. This allows users of all abilities to send, receive and control their ETN from their desktop computer using a local or remote copy of the blockchain.
Where do I download it?
The current BETA release (v1.0) can be found here: 📷 GitHub 60📷
Electroneum Desktop Wallet. Contribute to andrepatta/etn-desktop-wallet development by creating an account on GitHub. 📷 📷 Source code 24
How do I use it?
There is a comprehensive user guide available as part of the download, or you can view it on github direct: Github Guide 24 Read through this guide thoroughly before using the software. No really, read it. 📷
What operating systems does it work on?
Windows / MAC OS / Linux (versions to be confirmed)
Does it work with Ledger?
The Desktop Wallet has been designed to work with the ledger hardware wallet. However, this will not be available until Ledger complete their integration. Keep an eye on the official Electroneum Social media to stay up to date on its progress. Chris Harrison, Lead Blockchain Developer for Electroneum discusses the Ledger Integration in this video 6.
I don’t have much space on my computer, do I need to run a node locally?
No, you can make use of remote nodes (via Simple mode). The app has 3 wallet mode options
Simple Mode (Remote Node) Choose a region and use a suggested 3rd party remote node.
Bootstrap Mode (Remote & Local Node) Uses a remote node while downloading the blockchain locally in the background.
Advanced Mode (Either) Setup and configure your settings. For more advanced users.
What is the difference between an Account and a Sub-Address?
A wallet can have multiple Accounts and Sub-Addresses to help you manage your funds. The Desktop wallet enables you to separate your wallet into different addresses to help categorise your ETN. So, for example, you may want to have a general address which you use for paying for items and a HODL address as a type of savings account. This is what Accounts are for. You can create different Accounts which have their own unique address to keep the ETN separate and easily identified…whilst still all being in the same single wallet. So where do Sub-Addresses come into it? Well, for each Account, you are able to create multiple unique sub-addresses for people to send coins to. This is optional, but it does help keep things more private by allowing you to provide a new, distinct, address for each payment or person. If not, you can just use the Accounts address.
Can I import my paper wallet into the Desktop Wallet?
Yes. There are many options, including creating a brand-new wallet, opening an existing CLI wallet, accessing your paper wallet in read-only mode or importing a paper wallet using the seed or keys.
Do I need to do KYC to use the ETN Desktop Wallet?
No. Only the adoption driving services provided by Electroneum Ltd (such as the mobile app, instant payment system and top-ups) require Know Your Customer verification. This is because services built on TOP of the blockchain are designed to connect with commercial partners who require a regulated platform. When you are using the Desktop Wallet, you are communicating with the blockchain direct.
Why did it fail when someone tried to send coins to a Sub-Address?
Nodes/Wallets which have not been upgraded to v3.1 or later cannot recognise the new Sub-Addresses and thus will fail when trying to submit a transaction to one. This will be most common when withdrawing from an exchange to your Desktop Wallet as they usually take a long time to upgrade. In the meantime, use your main account address (i.e. #0), not a sub-address.
Can I get support if I have an issue?
As the Desktop wallet is not created by Electroneumn Ltd, there is no official support service/platform for using it. However, we have an amazing community, so you can ask questions here in the forum and someone will usually help. 📷
/r/Monero Weekly Discussion – July 25, 2020 - Use this thread for general chatter, basic questions, and if you're new to Monero
Index
General questions
Wallet: CLI & GUI
Wallet: Ledger
Nodes
1. General questions
Where can I download the Monero wallet?
There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files when possible. Please note the following usage of the labels: ⚠️ - Relatively new and/or beta. Use wallet with caution. ☢️ - Closed source.
Desktop wallets
Wallet
Device
Description
Download link
"Official" GUI / CLI
Windows, macOS, Linux
Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.15.0.1 / 0.15.0.4.
Lightweight wallet -- you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. It also has web-based and iOS versions.
Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.
How can I prove that I sent a payment?
The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).
How do I buy Monero (XMR) with Bitcoin (BTC)?
There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.
How do I buy Monero (XMR) with fiat?
Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.
How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?
There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration. That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.
How do I mine Monero? And other mining questions.
The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.
2. Wallet: CLI & GUI
Why I can't see my balance? Where is my XMR?
Before any action there are two things to check:
Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
Is your wallet fully synchronized? If it isn't, wait the sync to complete.
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized. You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait. If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.
How do I upgrade my wallet to the newest version?
This question is beautifully answered on StackExchange.
Why does it take so long to sync the wallet [for the first time]?
You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization. Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).
I don't want to download the blockchain, how can I skip that?
The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld. Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy.A remote node can't see your balance and it can't spend your XMR.
How do I restore my wallet from the mnemonic seed or from the keys?
To restore your wallet with the 25 word mnemonic seed, please see this guide. To restore your wallet with your keys, please see this guide.
3. Wallet: Ledger
How do I generate a Ledger Monero Wallet with the GUI or CLI?
This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.
4. Nodes
How can my local node become a public remote node?
If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".
How can I connect my node via Tor?
This question is beautifully answered on StackExchange.
Both incidents in question: (1) Think my browser was hijacked for this one. Guessing a rogue extension? While I was in the process of transferring crypto to a hardware wallet (SecuX), the web wallet fed me an address which I only only later discovered is different from the hw wallet's default one (I was in a hurry, didn't verify the discrepancy, first time using it for that particular crypto). Immediately transferred all the remaining crypto in that wallet out just in case it's the wallet that's unsafe. This happened last Friday. Spent a good couple of hours that day resetting my PC. (2) Got an alert at about 3:30am this morning alerting me to crypto/stock buys made on my Robinhood account. Woke up before trading hours and cancelled the stock buys. Went ahead and also sold the cryptos bought earlier for a small profit before resetting my password and finally installing 2fa. Is there anything else I should be on the lookout for? Not seeing any irregular logins to my password generator. Def will be patrolling for any abnormal processes and getting rid of as many Chrome extensions as possible. Possibly thinking about turning an old notebook into a Linux machine (gonna be a learning curve).
Hi PowerDubs, you're not shadowbanned, but 38 of your most recent 200 comments/submissions were removed (either automatically or by human moderators).
Comments:
g1qtkzx in u_uixnetwork on 16 Aug 20 (1pts):
This video is releasing in just a few hours. https://youtube.com/watch?v=CyoyV8K_5es Please share! Something new is coming- don't be left behind. Info & videos on...
g11bdlz in AtariVCS on 10 Aug 20 (-4pts):
...and time will prove us right. https://youtu.be/6yb2IanBaGA Anybody not seeing the global project Atari is working on needs to take some time, click the articles, read up. Info on the Atari...
The hotel, and the VCS are coming... neither are dead. Only a moron would think so... Hi Taco kids!! <-- Look over here, HUGE tidal wave coming your way!! Oh- it's happening sweetheart!! :D
Submissions:
iavlmr in Crypto_General on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iavlja in CryptoCurrencyTrading on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iavlf5 in CryptoMonedas on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iavl8q in atari on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iavkxg in RobotCache on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iavjmy in readyplayerone on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iavicq in gpumining on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iavgds in CryptoMarkets on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iauwn5 in ethtrader on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iauwjj in CryptoCurrency on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iauwf8 in gaming on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iauwc3 in Crypto_Talkers on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iauvyj in AtariVCS on 16 Aug 20 (1pts):
Youtube video about the upcoming Atari VCS blockchain game console & how Atari Token will be used.
iaud7h in AtariVCS on 16 Aug 20 (1pts):
Video on how the Atari VCS will use the Atari Token
i3lej9 in Futurology on 04 Aug 20 (1pts):
Atari VCS Becomes First Blockchain Gaming Console
i0p905 in truegaming on 30 Jul 20 (1pts):
Atari VCS 800 Onyx spotted!!
hw6pv8 in AtariVCS on 23 Jul 20 (0pts):
Msg for TacoDon
hvkzeq in onlinegambling on 22 Jul 20 (1pts):
Atari betting on gambling with Atari Hotels, Atari Casino, Atari Betting, and Atari Esports partnerships
hvkx9f in gambling on 22 Jul 20 (1pts):
Atari gambling on gambling with Atari Hotels, Atari Casino, Atari Betting, and Atari Esports partnerships
hvks49 in wallstreetbets on 22 Jul 20 (1pts):
Atari taking on Sports Betting
hvikq4 in CryptoCurrency on 21 Jul 20 (1pts):
Atari takes over Sports Betting
hvijyr in CryptoCurrency on 21 Jul 20 (1pts):
Atari takes over Sports Betting
hvij1a in CryptoCurrency on 21 Jul 20 (1pts):
Atari takes over Sports Betting
hvihv8 in SoccerBetting on 21 Jul 20 (1pts):
Atari takes over Sports Betting
hvihos in sportsbook on 21 Jul 20 (1pts):
Atari takes over Sports Betting
hvihg7 in sportsbetting on 21 Jul 20 (1pts):
Atari takes over Sports Betting
hot4y0 in AtariVCS on 10 Jul 20 (0pts):
1,000 member milestone!
hjzh0f in linux on 02 Jul 20 (1pts):
Confirmed PUBLIC ship date for the Linux based Atari VCS
hjzfh0 in linux on 02 Jul 20 (1pts):
Confirmed PUBLIC ship date for the Linux based Atari VCS
hjze3j in gaming on 02 Jul 20 (1pts):
Confirmed PUBLIC ship date for the Atari VCS
hf1ing in CryptoTechnology on 24 Jun 20 (1pts):
Live Interview with Atari CEO Frédéric Chesnais on Gaming and Tokens (June 24th, 5PM CEST)
AEM Developer\)link\) CAI engineering, dev, digital nomad
Engineering Manager\)link\) Playco · Remote, Seoul, Tokyo, Mountain View, San Francisco
Sr. Backend Software Developer\)link\) We ❤️ people who code tech
Senior Software Developer\)link\) Betting Entertainment Technologies engineering, dev, senior, digital nomad
Full Stack Senior Web Developer Small Company\)link\) nxtedition engineering, full stack, dev, web dev, senior, digital nomad
Community Support and Marketing Manager\)link\) ClassDojo · USA Only sales-marketing, marketing / sales, social media, teaching, facebook, sales, customer success, customer acquisition, marketing, content marketing, distributed systems, copywriting, blockchain
DevOps Engineer Azure\)link\) Jack Henry & Associates . engineering, devops, engineer
Social Media Manager\)link\) Higher Up Smoke Shop · $10 - $15 an hour · Tampa sales-marketing, non-tech, social-media
Linux Engineer\)link\) SUSE engineering, engineer, linux
Blockchain Researcher Developer\)link\) IOVLABS engineering, dev, digital nomad
Senior Software Engineer Rails Elm React\)link\) HubTran engineering, react, dev, javascript, ruby, senior, engineer, digital nomad
Senior Software Engineer C# .NET\)link\) Verys engineering, dev, c, c plus plus, senior, engineer, digital nomad
Customer Service Representative (Remote)\)link\) Current Media Group · Colorado sales-marketing, non-tech, customer-support
Senior Quality Analyst\)link\) XWP · Melbourne, Australia full-time, all other, anywhere (100% remote) only
Windows UWP Engineer\)link\) Sherpany AG engineering, engineer
Administrative and Marketing Assistant\)link\) LR Solutions & Technologies · $12.50 an hour · Atlanta sales-marketing, non-tech, marketing
Mobile Developer\)link\) My PT Hub engineering, dev, mobile, digital nomad
Content Worker\)link\) XenZone · Remote Jobs · UK Only n-a, all others, content, mental health, seo, seo/sem, program manager
Python Full Stack Developer\)link\) REPAY engineering, python, full stack, dev, digital nomad
Senior Front end Engineer\)link\) Hubstaff engineering, front end, senior, engineer
Sales Engineer\)link\) Kasten · EMEA Only sales-marketing, marketing / sales, cloud, sales, data management, customer success, customer acquisition, b2b/saas, management
Weekend Customer Support Representative\)link\) GoCardless · Anywhere sales-marketing, customer support / customer success, customer support, night shift, customer success, remote, html/css
Social Media Influencer\)link\) Green Republic · $9 - $15 an hour · Las Vegas sales-marketing, non-tech, social-media
Division Owner, Product Development\)link\) Nathan James · Global tech, product design, product experience, researcher
SEO Specialist\)link\) Firewire Digital · Newcastle, Australia contract, all other, anywhere (100% remote) only
Head of Sales\)link\) Notable · USA Only sales-marketing, marketing / sales, sales, healthcare, customer success, customer acquisition, b2b/saas
Technical Support Consultant\)link\) DreamHost · Europe Only sales-marketing, customer support / customer success, customer support, customer success, remote, saas, troubleshooting, chat support
Business Intelligence - Data Analyst\)link\) Sporty mysql, oracle, sql, metabase, bi, analyst, python, data science
Senior Graphic Designer\)link\) The Zed Group · Locations in New Jersey and Illinois design, locations-in-new-jersey-and-illinois, remote-friendly, full-time
Test Engineer Automotive Linux\)link\) SUSE engineering, testing, engineer, linux
Senior Game Engineer\)link\) Playco · Remote, Seoul, Tokyo, San Francisco, Mountain View
This crypto trading platform in Canada has a reputation for being the most responsive and fast platform for processing crypto transactions. Although the service is limited only to Canadians, the number of traders is pretty high. Direct customer service and secure activation of user accounts are responsible for the rapid growth of this platform. Trading with automated crypto trading bots is a technique that uses pre-programmed software that analyzes market actions, such as volume, orders, price, and time, and they are rather common in the bitcoin world, because very few traders have time to stare at the charts all day. Bots or program trading is used within many global stock exchanges. Trading cryptocurrency using a bot could be the new golden era. With the expansion of the online cryptocurrency market and easier access to buying and selling systems, cryptocurrency trading is an excellent way to make some extra money. Zenbot. The automatic crypto trading bot in simulation mode Trading cryptocurrency using a bot. Gekko is an open source platform for automating trading strategies over bitcoin markets. Get started! making it a trading bot). Linux, macOS), Gimmer is a crypto trading bot platform for Bitcoin and other cryptocurrencies. GunBot (TheCryptoBot) by Gunthar De Niro has become notably popular amongst the crypto trading community. This informative GunBot review takes a… Crypto trading bots are tools used by traders to take the fear and emotion out of their trading. These bots allow you to run trading strategies 24/7 (assuming the exchange is working properly) and provide the customization needed to make the bot trade anyway you like. We’ve compiled a list of the best open source (and free) crypto trading ...
I show how I segregate out 2 strategies that appear to reside on the same Ubuntu Linux box. https://quantlabs.net/blog/2019/01/ubuntu-linux-desktop-tour-2-ru... TOP 5 Cryptocurrency Trading Bots - Crypto Trading Bot Review - Duration: 8:09. Marc Zwygart 233,809 views. 8:09. 5 Cheap Stocks to Buy Now! Under $20 - Duration: 34:29. Why C++ and Linux kernel is best for ultra lowest latency in quant trading and HFT 👨🏼💻Make Money With Crypto (*NEW* FREE TRIAL): https://bit.ly/39htfpK 👨🏼💻3commas: http://bit.ly/2ZJcfFu 👨🏼💻Bybit ($90+ Bonus): http ... How Linux Took Over the World of Finance - Christoph H Lameter, Jump Trading LLC - Duration: 27:31. The Linux Foundation 700 views
