00:29:32 Nothing groundbreaking 00:47:59 monero-wallet-cli > * 01:47:46 Uncle Sam needs his cut too 01:48:53 Why aren't people more excited about https://github.com/comit-network/xmr-btc-swap? What's the difference (to the user) between this and Farcaster besides the teams working on them? 01:49:52 If you handle crypto in any way as payment system for goods as a business you technically need to register your business as a crypto processor so it can be taxed accordingly. If there weren’t laws for this then everyone would use crypto to avoid paying taxes. 01:50:19 Just like people used to buy online to avoid paying taxes for out of state sellers. 01:50:58 bigslim: register with whom? 01:51:11 Which agency. And what's the license called? 01:51:18 I haven't heard of this before 01:55:24 Depends. Do you want an ico or something or just want to accept large volumes of crypto for good like computers and books etc... 01:55:44 no ICO, just a regular shop selling normal goods 01:55:46 If you want a swap service you have to register with the sec 01:56:52 I mean sec prob can consider someone taking in 20k/mo in crypto a “dealer broker” but I am not a legal expert in that matter. 01:58:10 But you def need to register as an LLC so you don’t get shut down 02:00:19 https://www.irs.gov/businesses/small-businesses-self-employed/virtual-currencies 02:00:32 Sorry if not on topic for this chat 02:04:41 Also FYI if you are creating an app for said service and want it on the apple OS X/iOS store apple requires you to register a dev account with LLC info AND also prove you are registered with sec as crypto asset transfer business. 02:05:09 I already looked into this for aeon iOS wallet. Not worth my time because of that 02:05:44 This is all very good to know. Thank you 02:13:28 they've admitted in that past that they only had 70%ish backed by real dollars. 02:14:45 and the other backing can be converted to usd so....................... 02:15:28 nioc the price might plummet if that were attempted so.... 02:16:15 and what happens if people take their $ out of banks 02:16:20 the market might react very negatively to that, at least if it were known to be happening 02:17:01 let's not hear any more of the bs about how it's acceptable. it is not 02:17:26 is the tether backed? 02:17:45 i think it's backed by your faith at the moment and not much else 02:17:51 you want everything regulated 02:18:01 let's regulate monero as well 02:18:25 monero doesn't need regulation. didn't need to sue the guy attacking the network. the devels just hardened it. that's how it should be 02:19:07 everything needs to be regulated in order to protect people 02:19:24 believe me I hear wat you are saying 02:19:51 and it's not wat I just wrote above :) 02:20:27 it's a matter of where the line is drawn 02:21:05 just use banks and usd 02:21:36 fund and withdraw from exchanges 02:21:44 +to 02:22:57 because with that level of regulation it will be just that 02:24:18 any exchange that does not follow regulators is subject to action against them 02:26:02 risk reward 03:11:00 nah 03:12:37 yes I often have a convoluted way of talking 03:14:03 I was putting undeserved words in someone's mouth 03:14:39 trying to find where the line was 03:48:45 I think the problem is far less about whether or not Tether is backed. I mean, it's likely that they are by now (or will be soon), simply because their fraud is probably massively profitable 03:49:37 It appears that they have a network of exchanges now participating in this. By comparison, 2017 was more of testing mode 03:50:07 They refined the mechanisms, brought in "partners", and now that their fraud's days might be numbered, they're going all out. 03:51:09 So the real question then is, what happens when it starts to become apparent to even the most ardent deniers that Tether was a significant factor in how hard and fast this has pumped. Dismissing this as "usual tether fud" is unappropriate, because it's not usual 03:51:36 They've never had to provide documents, now they did. They've never had this large a percentage of total BTC marketcap 04:31:26 I can't wait to see what the next BTC crash will do to them 04:56:32 the problem with tether is that there is no guarantee that you can covert it 1-1 from USDT to USD 04:56:51 the moment Tether Operations runs into financial trouble anyone holding the token is fucked 04:57:15 somehow - that's what my gut feeling says too 04:58:45 reserve tokens are only as good as the companies holding them 04:59:13 *issuing 05:01:28 The main question with USDT is whether or not the owners are going to take the money and run or if they upset the party who then takes the money and runs 05:02:33 stablecoins are just banks except somehow even worse 05:07:13 remember when you are buying USDT you are giving an unsecured interest free loan to some dodgy chinese company 05:09:53 best case scenario they are making grofit using your capital and giving nothing back 05:09:56 they are not Chinese 05:09:57 lol 05:10:24 worst case they loose it all leaving you with nothing 05:11:08 HK is china dude 05:11:27 is panama china 05:12:21 https://tether.to/contact-us/ 05:12:35 ctrl-f "Tether is incorporated in" 05:15:19 Unfortunately, Tether has decided to stop serving U.S. individual and corporate customers altogether. As of January 1, 2018 05:15:52 you want regulated use USDC 05:16:52 there is a reason people use tether and not usdc 05:16:54 I want no 'stablecoins' 05:17:16 What is the reason? 05:17:47 you can movusd value wen you can't move usd 05:17:58 move usd value 05:18:20 and do so quickly 05:18:54 Why would that make tether the preferred stablecoin over usdc? 05:19:39 first mover is one, less regulation is anothe 05:20:02 how does less regulation help with a reserve coin? 05:20:29 from what I hear it helps some people to be able to use it 05:20:37 I have never used them 05:20:53 I don't keep value on exchanges 05:27:29 On the one hand, I want some regulation because I don't trust private organizations to look out for the public good too much, but on the other hand, I dont trust the regulators to do very well at that either because I think they're more interested in lobbyist money. on the other yet anoter hand, I don't trust the general public to hold either of those accountable... so... *shrug* 05:28:40 If I am going to do reserve banking I would rather do it with an actual bank than with teather 05:31:29 So xmr 😃 05:31:39 I'm not saying Tether doesn't have use cases. Certainly if you're trying to escape regulations and operate in the shadows, it's useful 05:32:00 They seem to be used a lot on exchanges that only trade in crypto, with no fiat options 05:32:49 Which exchanges? 05:33:09 This is why the "institutional fomo" narrative makes no sense. Those guys wouldn't touch tether with a 10 foot pole. Yet somehow there was a sudden $20 billion demand since March 05:33:18 I believe in the free market, but at the same time, the idea that consumers have equal access to all information doesn't work in practice. at times, it's impossible, either by the hands of dishonest businesses or complicated bureacracy, or unnecessarily cumbersome; extensive research shouldn't be necessary for day to day essentials 05:33:26 I don't use any of the fly by night exchanges that popped up in the last 4/5 years 05:34:00 Drug cartels are 'institutions' too... 05:36:05 haha 05:36:08 maybe, yeah 05:36:22 institutional fomo narrative? 05:36:41 Maybe those cartels are offloading cash to Tether and their proxies in exchange for USDT 05:37:37 Yeah, it's being repeated, particularly by maximalists 05:38:07 The hypothesis is, that suddenly all the inflation is making institutions and millionaires flood the gates to get a piece of that sweet BTC 05:38:43 And that hyperbitcoinization is directly around the corner 05:40:00 I definitely believe in free markets. I also reject fraud and deception as a business practice 05:40:35 So the Tether situation is a bit of a moral difficulty. Certainly it's helping us all get rich (well, okay, not Monero, we have to earn our adoption in the real market) 05:41:07 The question is just how deceptive and fraudulent what Tether is doing is. To claim to be 100% backed by dollars, until forced to admit they didn't, and then pivot to "reserves" 05:42:12 to print a huge amount of monopoly money, use it to manipulate a trillion dollar industry, all while telling lies about what it's doing 05:44:22 A free market economy needs producers and consumers mutually agreeing to exchange goods, services, and currency with a reasonably degree of trust that neither is trying to fuck over the other. predatory businesses and merchants should be unanimously rejected at every level 05:44:55 and that is where I have very few problems with one predator (NYAG) going after another (iFinex) 05:45:37 Their actions are also tangibly harming Monero adoption. Meanwhile, one of their partners who a lot of Tether is funneled through (Bittrex), releases well timed fud 09:02:13 what mode should i select in the monero gui wallet if i wanna be anonymous as possible 13:58:55 Why are you here? For the tech? Then you should be off at Zcash instead of trying to con newbies into a coin that doesn't work. For the money? If you put your money in BTC or ETH you would have been better off. For the magical crypto friends? Monero leadership laughs from loosers like that. Find yourself more healthy realationships that don't laugh at you when they steal your money. 14:27:37 ? 15:30:23 mmxxx[m], thats a troll. 16:36:19 Comparing Docker vs baremetal IBD from the same DC and same hardware right now, should be interesting :) 16:36:50 what storage is the docker image writing to? 17:05:34 Local volume 17:05:58 Same exact storage as the baremetal, just through the Docker driver of course 17:06:14 Same base OS and FS 17:06:33 cool. so no multiple layers of overlayFS on it 17:07:19 Nope, just the default driver which should be AUFS 18:00:52 *local is the driver used, which should be AUFS under the hood FWIW 18:01:12 Forgot I had bandwidth unlimited on the systemd node, so set that to defaults and started that one over again. 18:01:28 It seemed a good bit faster before that, but wonder if it was just due to no bandwidth cap 18:32:26 hello 18:33:15 can somebody help me 18:33:32 my balance fund still say 0 after 1 day of payment made 18:37:59 Is your dameon synced ? 18:38:06 "status" 18:40:09 yeah it is 18:40:12 to a remote node 18:40:28 Yours, or not ? 18:40:49 i used node.xmr.to 18:40:59 So likelt not yours. 18:41:06 mine was taking ages to sync on my pc 18:41:16 Type "set" in the wallet, check the value if refresh-from-block-height. 18:41:43 If it's higher than say, 2275000, set it to that value and type "rescan_bc". 18:41:47 its the gui one 18:41:58 2277344 18:41:58 Then look in settings for something along those lines. 18:42:10 That's the current height. Very... odd. 18:42:51 the pool is supportxmr 18:54:55 prototype: what does it day on Settings -> Info under restore height 18:56:11 it says 0 18:59:30 Assuming the wallet's scanned the chain, it's fine. Are you sure the tx you're looking for was mined ? 19:01:36 what do you mean 19:01:52 im resyncing node from 0 now 19:01:55 to a remote one 19:02:42 hey, in need of some assistance. I tried to send some funds earlier and the transaction failed. Now when I try and complete the transaction it says double spend and has an error? 19:03:54 in monerod: print_tx TXID (replace TXID with the actual txid). 19:04:05 Does it say it's on the chain, in the txpool, or not found ? 19:04:39 i'm using the GUI wallet. the original transaction says failed? 19:05:25 can i use the print_tx in the gui wallet? 19:05:32 ah found it 19:05:42 in monero-wallet-cli, "failed" means the tx is not on the chain nor the txpool. I assume it's the same in the gui, but it might not. 19:06:02 In that case, see if you can find a button with "rescan spent" or similar wording. Click it. 19:06:24 kk one sec 19:07:37 nah i can't see it 19:07:46 it's really limited in the settings 19:08:00 Then exit, load your wallet in monero-wallet-cli, run rescan_spent. 19:08:03 it has a log interface but not sure which command 19:08:32 right ok, is it another program?@ 19:08:41 sorry, really new to monero >.< 19:08:58 what's your operating system? 19:09:00 gotcha, cli wallet 19:09:04 windows 10 19:09:18 downloading it now 19:09:25 good 19:09:33 This is supposed to not happen, maybe the GUI gets it wrong. Or the underlying lib in some cases. 19:09:47 onespan1831[m]: Which version of the GUI are you using? 19:09:59 0.17.1.9-3ca5f10f (Qt 5.15.2) 19:10:42 okay, got monero-wallet_cli working 19:10:58 how to i connect it to my existing wallet? 19:11:23 monero-wallet-cli --wallet-file /path/to/your/wallet 19:12:40 it's asking me for my wallet name 19:12:48 i used the name on my wallet, said it can't find it 19:13:11 Then you gave it the wrong path. 19:13:58 0.17.1.9-3ca5f10f (Qt 5.15.2) 19:15:07 i'm not sure where the wallet gets saved, does it have a default location? 19:15:14 ah found ity 19:17:06 the monero-wallet-cli isn't asking me for the path, just the name of the wallet 19:17:29 Then you still gave it the wrong path. 19:18:24 there isn't an option to specify a path tho? 19:18:25 onespan1831[m]: copy the wallet files to the same directory as monero-wallet-cli 19:18:27 Then it should work 19:18:33 aah ok 19:18:36 riiight 19:18:59 gotcha 19:21:00 so it's asking for my password but nothing shows up when i type 19:21:07 and i can't copy and paste 19:29:57 windows ? 19:30:40 yeah windows 19:30:50 error log 19:30:50 IIRC windows behaves differently based on which shell you use (msys vs whatever). Try another. 19:30:51 *:WARNING,net:FATAL,net.http:FATAL,net.ssl:FATAL,net.p2p:FATAL,net.cn:FATAL,daemon.rpc:FATAL,global:INFO,verify:FATAL,serialization:FATAL,daemon.rpc.payment:ERROR,stacktrace:INFO,logging:INFO,msgwriter:INFO 19:31:22 onespan1831[m]: Try typing your password and hitting enter 19:31:44 Oh yeah, obviously enter needed... 19:31:56 Can't be that, right ? :D 19:32:16 i did that, it just closes the window 19:32:30 Wrong pw I guess 19:32:31 can you retry? 19:32:37 is it cause the gui is open? 19:32:41 Yes. 19:32:55 (assuming it's open with the same wallet loaded) 19:32:56 ok, lets try again 19:32:59 yeah 19:33:43 we're in boys!! 19:33:59 do i want background mining? 19:34:25 ive got no for the time being 19:34:45 If you did not have it on before, probably not. 19:34:58 Error: wallet failed to connect to daemon: http://localhost:18081. Daemon either is not started or wrong port was passed. Please make sure daemon is running or change the daemon address using the 'set_daemon' command. 19:35:37 Is your daemon running on another machine, or do you use a stranger's daemon of questionable provenance ? 19:35:45 nope 19:35:53 i installed the gui wallet and that's it 19:35:55 Is your daemon currently running ? 19:36:17 The GUI wallet will typically start/end it as it runs. 19:36:32 So try running: monerod (in another shell). 19:36:32 right, gimme a sec ill brb 19:36:49 right 19:39:39 ok back 19:40:58 so im running monorod 19:40:58 sync is ok 19:41:57 right! im in 19:42:04 no issues, connected to daemon 19:43:08 got it working, so how do i re scan the txns? 19:43:30 What was your original problem ? 19:44:03 Ah, got it, tx failed and double spend. 19:44:07 Then: rescan_spent 19:44:44 Your balance should then change to what it should be. Then exit, load GUI again, continue. 19:44:47 ok, did that on the command line 19:45:03 the balance is has always been correct 19:45:33 i did show_transfers and it states failed out 20:04:12 hey guys, yeah, did the rescan. Went back to the GUI. wallet balance is correct, just can't send the money 20:04:13 error double spend 20:04:41 sigh. 20:05:17 i don't get how the system that failed something, can't recognise that it failed 20:11:58 hmm 20:13:29 I guess there's nothing i can do then 20:19:18 onespan1831[m]: try flush_txpool 20:19:28 inside Settings -> Log console 20:19:45 okay one sec 20:19:52 and then try again 20:21:00 YOU BEAUTY 20:21:08 it worked! 20:21:14 Docker sync: Sync time: 287.824 min, idle time 18.9737%, 71891 + 2216 MB downloaded, 0.929766% old spans, 0.167115% bad spans 20:21:18 You, you are my hero 20:21:33 the old transaction was still in your daemon so it rejected the new one 20:21:53 i'd hug you if i could 20:21:55 <3 20:22:01 :D 20:22:14 sethsimmons: looks good 20:22:20 oh you have made my evening, i've been doing this for HOURS 20:22:34 thank you SO MUCH 20:31:36 systemd comparison should be done soon, seems a good bit faster. 20:38:00 What's a good way to store monero? Where should one store the wallet seed? 20:38:13 I mean store for long term, not for spending 20:38:50 Some people say to store it on a computer and keep that offline, but that seems very wasteful 20:39:12 Write it down on something that is not easy to damage or destroy, then store that thing in a safe place 20:39:38 I store mine in keepassx 20:39:42 That's a more advanced concept, an offline wallet. That is intended for active (offline) usage 20:40:16 How can monero be used offline? 20:40:33 doesn't it need to blockchain to make transfers? 20:42:37 Is it normal that I have a transaction from 15 minutes ago that doesn't have a single confirmation? 20:43:12 You have an online computer with a synced chain and a view-only wallet looking for incoming transactions 20:43:47 You export the data of any incoming transactions and you transfer it to the offline pc (using a variety of tools) 20:44:19 Then the offline pc is used to generate and sign new outgoing transactions, which you transfer back to the online pc and submit to the network 20:44:31 you aren't talking to me are you? 20:45:03 fluffydonkey[m], I believe this is what you want: https://www.monero.how/how-to-safely-hold-monero-in-cold-storage 20:49:12 Thank you both 20:50:31 no kaz, I was replying to somebody else 21:05:06 can anyone help me? 21:05:33 my transactions usually take less than 5 minutes 21:06:06 What to do it's been 40 minutes without a single confirmation 21:06:57 try: relay_tx TXID (replace TXID with the actual txid). It might be it did not get relayed. 21:07:02 in monerod 21:07:53 (or look for an online transaction relay) 21:08:12 (but I don't recommend it unless you know what you're doing) 21:23:35 hey so I tried going to monerod and i got this error 21:23:37 2021-01-18 21:22:37.003 I Initializing p2p server... 21:23:37 2021-01-18 21:22:37.009 F Error starting server: Failed to bind IPv4 (set to required) 21:23:38 2021-01-18 21:22:37.011 I Deinitializing core... 21:23:38 2021-01-18 21:22:37.024 I Stopping cryptonote protocol... 21:23:39 2021-01-18 21:22:37.025 I Cryptonote protocol stopped successfully 21:23:39 2021-01-18 21:22:37.025 E Exception in main! Failed to initialize p2p server. 21:23:40 logout 21:35:20 I keep getting booted 21:35:45 but I have an important transaction that isn't sending out confirmations but has left my account 21:40:32 "failed to bind ipv4" means that there is an error in your configuration, or some other program is already using the network port used by monerod 21:41:01 maybe you already have another monerod running? 21:41:15 either way, it cannot connect to the rest of the network 21:42:06 if it's really urgent, you might want to connect to a remote node like node.xmr.to:18081 and use that to send your tx 21:42:54 or another node from https://moneroworld.com/#nodes 21:45:37 I will try to restart m computer 21:46:18 hi 21:51:05 Docker: Sync time: 287.824 min, idle time 18.9737%, 71891 + 2216 MB downloaded, 0.929766% old spans, 0.167115% bad spans 21:51:05 Systemd: Sync time: 234.341 min, idle time 36.4844%, 72592.9 + 1430.2 MB downloaded, 1.59176% old spans, 0.0769475% bad spans 21:51:26 selsta hyc ^ Might be interesting to you both 21:51:57 I expected it to be slower but not really familiar with docker 21:52:36 I'm surprised it's that much different but lots of variables at play in a single IBD comparison 21:53:04 19% difference on the same hardware in the same DC, with the same priority nodes and settings 21:53:14 (different hosts, same HW) 21:59:10 i've just restarted my computer, what was the command I am supposed to put into monerod to get it to resent last txid transaciton? 21:59:49 relay_tx 22:00:07 it was relayed successfully 22:00:16 what next? 22:00:36 now wait for it to be mined - shouldn't take long 22:00:50 thanks will update shortly 22:01:17 try checking on xmrchain.net if it shows up in the transaction pool 22:01:28 Sorry for newb question, but can I have a copy of the same wallet on multiple computers? On the second computer an I restore my wallet from my seed keys? 22:01:44 Will I be able to use the wallet from both computers if they're connected to the internet 22:02:05 Yes, you can use the wallet from both computers 22:02:48 wooohooo 22:02:55 But keep in mind that when you create a transaction, some extra information is saved only locally (like what is the destination address, and a few other details) 22:02:56 1/10 confirmation 22:02:59 thanks! 22:03:09 And that extra information will not be available on the other device 22:03:21 you're welcome kaz82 ! 22:03:49 Great, thank you 22:15:13 I have set up a .crypto domain, and put in a generated monero address to receive funds. I just can't get my head around how they are doing some kind of dns name translation from the ethereum blockchain to monero to simplify the addressing of wallets. Does someone have a link to a good article or time to explain? Thanks 22:19:00 my node h as been up for 10.75 days now 22:19:45 Are you talking about openalias ? Where you can set up a TXT record for a domain name with your monero address ? 22:20:34 Should be something on monero.stackexchange.com if you search for hte term. 22:22:19 No, but that sounds interesting. I set this up with unstoppable domains, but if I could have set it up with my own domain with openalias that would have been better.