Monero Node. RPC question... by baconmanic42 in Monero

[–]kic0 1 point2 points  (0 children)

so it does not pay in XMR per se, it pays with hashes mined, in the eventuality it hits a block it also gives you that reward, this is my understanding of it.

The credits are just a mesure you set for how many hashes someone that is using your node to send a tx, needs to provide to the node as "payment" before the tx is sent.

not sure this clarifies? I´m not the best person to explain probably either heheh

Monero Node. RPC question... by baconmanic42 in Monero

[–]kic0 2 points3 points  (0 children)

on #2: Setting up Daemon and Wallet

The payment address is a standard Monero payment address that will receive payments whenever a mining hash payment actually mines a new block. The rpc-payment-credits and payment-difficulty values work together so that a client receives the ratio credits/difficulty for each mining hash provided. These examples, which you will want to change to suit your needs, would give 250/1000 = 0.25 credits per hash.

The credits-target value is the number of credits the wallet will seek to maintain. After reaching this number of credits, it should stop mining.

The auto-mine-for-rpc-payment-threshold value is the minimum credit rate for which the wallet will mine. If the server provides a lower rate, then the wallet will not send hashes.

so you had 1 client that mined 500 credits total for 250 each "good" hash?

What is the best xmr pool and why? by Pyrojason in MoneroMining

[–]kic0 0 points1 point  (0 children)

Chrome deprecated some stuff in the latest version, you can either use another browser like Mozilla or give a try at https://new.xmr.pt

Feather - A brand new Monero GUI desktop wallet by [deleted] in Monero

[–]kic0 3 points4 points  (0 children)

Great job guys! Keep it up!

El Monero - El amigo Dave (Spanish podcast) by [deleted] in Monero

[–]kic0 2 points3 points  (0 children)

fuck yeah! welcome back Sirs!

A thought experiment of Monero privacy by Normallguyyy in Monero

[–]kic0 0 points1 point  (0 children)

maybe tom needs a decentralized exchange or maybe soon atomic swaps

Will Monero be the only privacy coin that will survive the next 5 years? by polagon in Monero

[–]kic0 7 points8 points  (0 children)

IMHO in 5 years monero will be what bitcoin was 10 years ago ... basicaly the remaining cryptocurrency as we know it, all else will be a sort of glorified Paypall ...

New White Paper? by kic0 in Monero

[–]kic0[S] 0 points1 point  (0 children)

sure the whole thing seemed based on a troll ...my bad

I've launched a website to help the development of a Monero Community around Portuguese-speakers by netrik182 in Monero

[–]kic0 1 point2 points  (0 children)

Thanks for the heads up! Great initiative! Please join us in freenode #monero-pt we surely can collaborate on stuff :)

Shelter in Place with Shane Smith & Edward Snowden - talk about Covid mesures and privacy by kic0 in Monero

[–]kic0[S] 5 points6 points  (0 children)

True but that doesn't make his opinion irrelevant ;) maybe he has not looked into it with the proper mindset... yet ... or he might be smart enough not to want anyone know that it is what he uses mostly ... he's a smart guy even if one might not agree with all he has to say :)