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    Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4674932 times)
    dEBRUYNE
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    October 14, 2015, 04:51:48 PM
     #27001

    Hi, it's me again.

    I tried to download and install the wallet. That went well.
    Then I started syncing, but after a while I needed to close it, because my laptop become very slow  Undecided

    Any ideas how to solve this? I'm sorry, I didn't read in this topic yet. Maybe there is a solution already.
    If there isn't, i'm sorry, but then I won't be able to test out XMR and just stick with DASH.
    I don't want to buy a faster laptop just to test a cryptocurrency.


    Meanwhile I managed to test DASH and was wondering how Monero compares to that. Wasn't able to test it due to the problems with my wallet, but maybe someone else knows the details:

    FYI: I had 2 DASH in my wallet so I could test out the features.
    * Mixing my full balance took 3 hours. How long would it take to mix 10 XMR (about the same value)
    * When I was mixing, the wallet showed that sometimes masternodes were idle (probably because they weren't upgraded). Is the mixing network of Monero faster?
    * Doing a darksend transaction of +/- 1 DASH costed me 0.1 DASH. What is the fee for an XMR "darksend" ?

    You've probably installed 0.8.8.6, which is very slow compared to the soon(tm) to be released new binaries (0.9). If you are on windows, there are already binaries available though -> https://downloads.getmonero.org/monero.win.x64.v0-9-beta.zip

    Regarding your points:
    [1] Opposed to DASH, Monero uses on-chain mixing, so if you want to transfer funds the mixing kinda happens immediately and your transaction will be included into the next available block. Our blocktime is around 1 minute, so your transaction should be included pretty fast. Also, because mixing is passive, you don't need active others to mix with. More about how Monero's mixing works -> https://www.reddit.com/r/Bitcoin/comments/3ojjkq/can_someone_help_me_understand_the_claims_of/cvxwq10

    [2] See 1, it's significantly faster, because it allows passive mixing and thus doesn't need others to be active to mix.

    [3] Monero uses a per-kb fee. Currently, the fee is 0.01 per kb. Usually the fee for a transaction is around 0.015-0.03 XMR.

    Privacy matters, use Monero - A true untraceable cryptocurrency
    Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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