tusker

Donate XMR @ https://kuno.anne.media/fundraiser/5cue/

cross-posted from: https://monero.town/post/2753934

Head on over to https://gupax.io/ and start mining Monero like a champ. TODAY!

Head on over to https://gupax.io/ and start mining Monero like a champ. TODAY!

I noticed that the Monero chain compresses about 60%, would it be possible to compress blocks before sending them from a remote node to a syncing wallet thus saving a big chunk of bandwidth and time?

Does anyone know if this is already happening during sync, or if not why?

edit: this can be done using ssh tunnels, if you have ssh access to your remote server. The "-C" option enables compression.

ssh -C -NL 18089:localhost:18089 server_username@server_address

Now you can set your wallet to 127.0.0.1:18089 and now your wallet syncing should be faster, enjoy!

cross-posted from: https://monero.town/post/2391750

With the recent spike in activity on the chain transactions with default fee are being delayed.

Is there a way to set the tx fee manually? Is the wallet capable of selecting an appropriate fee automatically?

*Edit: Apparently dynamic fees are completely broken in Monero. 🤦

Reddit 🤮 Link: https://www.reddit.com/r/Monero/comments/1b946w3/psa_manually_increase_your_transaction_fee_if_you/

With the recent spike in activity on the chain transactions with default fee are being delayed.

Is there a way to set the tx fee manually? Is the wallet capable of selecting an appropriate fee automatically?

*Edit: Apparently dynamic fees are completely broken in Monero. 🤦

Reddit 🤮 Link: https://www.reddit.com/r/Monero/comments/1b946w3/psa_manually_increase_your_transaction_fee_if_you/

Monero is striving to be a currency that everyone can use, the growth of the blockchain is starting to hamper this goal IMO.

I think we should consider dropping blocks off of the chain tail once we reach block height of 4000000. This will give us 10 years of storage capacity, more than enough IMO.

Similar to how you have to exchange bills of cash once they get worn, you would simply churn your coins to get your outputs into younger blocks.

We are trying to be digital cash not an inheritance vault. If we had this feature from the start 99% of the community would agree with it.

Please consider this.🙂

*Edit: @4KB/tx * 100,000tx/day we are looking at ~400MB chain growth daily, this is not sustainable, let's take care of this now before it becomes a big problem

**Edit: A possible solution could be that nodes would have the option to set chain retention duration. So when syncing a new node you can select that you would like to retain 5 years of chain data, with a minimum boundary enforced that retains sufficient security. This way the network decides in a fair way how much chain data is useful to store.