/biz/ - Business & Finance

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with the proof of the transactions being possible by a Monero user willingly providing a view key for a specific transaction if needed.

Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, ask away and a Monero Chad will be with you shortly.

OFFICIAL WEBSITE - https://web.getmonero.org

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Morphtoken
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather
Guarda

>Mobile
IOS: Cakewallet
Android: Monerujo
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>Cold Storage
https://archive.is/DEfsP

Welcome to XMR General, dedicated to the discussion of the world's leading privacy-coin!
Because Monero is secure, low-fee, and borderless, people can easily send money despite corrupt and broken governments or banks. This provides economic empowerment of individuals in oppressive countries or depressed economies.
Private financial history protects consumers and companies from price manipulation, supply chain exploitation, economic discrimination, or the like. Monero is the only cryptocurrency that has the features to serve as completely fungible, decentralized, electronic cash.

If you're new, feel free to ask any questions you like and a Monero Chad will be with you shortly.

WHAT IS MONERO?
https://web.getmonero.org/resources/about/


HOW TO STORE MONERO:
https://www.getmonero.org/downloads/ < Full GUI wallet, for your PC
https://cakewallet.com/ < A simple, phone friendly wallet


WHERE TO GET MONERO?
https://bisq.network/ <Trade Bitcoin for Monero completely anonymously over Tor, decentralized. Slow but completely private!
https://cakewallet.com/ <Trade Bitcoin for Monero through a centralized exchange built into the wallet!
https://localmonero.co/?language=en <(Always look for vendors with lots of good reviews)
https://coinatmradar.com/bitcoin-atm-near-me/ <Crypto ATM locations
https://kycnot.me/ <Exchanges and services with no KYC requirements
https://web.getmonero.org/get-started/mining/ <A brief introduction to PoW Mining.

STATS:
https://moneroblocks.info/stats/transaction-stats < Monero Daily Transactions


COLLECTION OF LINKS AND INFO:
https://www.monero.how/

btc shattered it's all-time high, what now? edition
Welcome to XMR General, dedicated to the discussion of the world's leading privacy-coin!
Because Monero is secure, low-fee, and borderless, people can easily send money despite corrupt and broken governments or banks. This provides economic empowerment of individuals in oppressive countries or depressed economies.
Private financial history protects consumers and companies from price manipulation, supply chain exploitation, economic discrimination, or the like. Monero is the only cryptocurrency that has the features to serve as completely fungible, decentralized, electronic cash.

If you're new, feel free to ask any questions you like and a Monero Chad will be with you shortly.

WHAT IS MONERO?
https://web.getmonero.org/resources/about/


HOW TO STORE MONERO:
https://www.getmonero.org/downloads/ < Full GUI wallet, for your PC
https://cakewallet.com/ < A simple, phone friendly wallet


WHERE TO GET MONERO?
https://bisq.network/ <Trade Bitcoin for Monero completely anonymously over Tor, decentralized. Slow but completely private!
https://cakewallet.com/ <Trade Bitcoin for Monero through a centralized exchange built into the wallet!
https://localmonero.co/?language=en <(Always look for vendors with lots of good reviews)
https://coinatmradar.com/bitcoin-atm-near-me/ <Crypto ATM locations
https://kycnot.me/ <Exchanges and services with no KYC requirements
https://web.getmonero.org/get-started/mining/ <A brief introduction to PoW Mining.

STATS:
https://moneroblocks.info/stats/transaction-stats < Monero Daily Transactions


COLLECTION OF LINKS AND INFO:
https://www.monero.how/

Can anyone prove XMR isn't the best crypto out there?

Welcome to XMR General, dedicated to the discussion of the world's leading privacy-coin!
Because Monero is secure, low-fee, and borderless, people can easily send money despite corrupt and broken governments or banks. This provides economic empowerment of individuals in oppressive countries or depressed economies.
Private financial history protects consumers and companies from price manipulation, supply chain exploitation, economic discrimination, or the like. Monero is the only cryptocurrency that has the features to serve as completely fungible, decentralized, electronic cash.
If you're new, feel free to ask any questions you like and a Monero Chad will be with you shortly.

WHAT IS MONERO?
https://web.getmonero.org/resources/about/
https://www.youtube.com/watch?v=8quGD9W7B2I&vl=en

HOW TO STORE MONERO:
https://cakewallet.com/ < A simple, phone friendly wallet

https://www.getmonero.org/downloads/ < Full GUI wallet

WHERE TO GET MONERO?
https://localmonero.co/?language=en <(Always look for vendors with lots of good reviews)
https://coinatmradar.com/bitcoin-atm-near-me/ <Crypto ATM locations
https://kycnot.me/ <Exchanges and services with no KYC requirements
https://web.getmonero.org/get-started/mining/ <A brief introduction to PoW Mining.
https://moneroblocks.info/stats/transaction-stats < Monero Daily Transactions


https://www.youtube.com/watch?v=VNfhIY5-63I - Monero: Freedom is our Right

Protocol upgrade in 3 days which will improve transaction verification time and decrease transaction size. Transactions increasing and price correcting as expected after a 42% price increase this month. Feeling bullish

imagine not buying monero with all the bitmex and hacks drama going on

DECOOOOOPLLIINNNGGGG

You got rugpulled again. Where did that bring you? Back to me.

I know a lot of anons have been getting burned lately and I'm sorry but you need to look at XMR. This shit is perfectly poised for a breakout.

It has 33% of the number of devs Bitcoin has. 20% of the number of nodes Bitcoin has. But it only has 1% of the value. Something's gonna happen soon, I know it.

Friendly reminder that you should hypothetically use XMR as a store of value if America goes to shit in November.

For dummies edition.
WHAT MONERO?
>Monero is an anonymous decentralized crypto-currency, fungible and with a central focus around privacy. It is considered the leader of privacy coins.
WHY MONERO?
>Cash is fungible. Cash is *sometimes* private and others can't see whats in your bank account, for example, except for the bank and government. Monero cuts out the bank and government, ensuring genuine privacy.
>HOW MONERO?
Dozens of developers, along with 6 years of existence and continual testing of it's privacy and continual upgrades have maintained Monero's privacy features against adversaries.
>WHERE MONERO?
If you're just looking to trade, it's available on many mainstream exchanges such as Binance, Huobi, Kraken and Bitfinex. For users wanting a full privacy experience there are many options such as Bisq, localmonero and xmr.to.

Has the decoupling begun yet?

Well well well. On September 4th the IRS put out a Request for Proposals for solutions to
>investigative resources for tracing transactions involving privacy cryptocurrency coins such as Monero, Layer 2 network protocol transactions such as Lightning Labs, or other off-chain transactions that provide privacy to illicit actors
They wouldn't need to do this if CipherTrace - which has been WIDELY publicizing news of their supposed breaking of Monero - broke it?
>Phase 1 – Proof of Concept and Initial Working System, One or more of: Software Development, Data Feeds, Tools (NTE $500K / 8 months)
They're offering half a million for the person who can satisfy their need.

First CLSAG transaction has been performed on the testnet. Only a month or so till the next hardfork and upgrade.

Unfortunately I can't think of a good OP. Uh... price recovery good? Get in here Monerochads

The XMR daily general is for supporters of the cypherpunk ideology to hang out and help noobies learn about Monero, the most fungible cryptocurrency. A cypherpunk is any activist advocating widespread use of strong cryptography and privacy-enhancing technologies as a route to social and political change.

We believe that Monero is the logical continuation of Bitcoin because it offers superior privacy, leading the way to many potential use cases. Discussion points include rising Dark Net adoption, news articles about Monero, daily transaction totals, and new technology updates to the Monero project.

Moonboy posting is discouraged, however price speculation and TA is fine.

Links:
Overview: https://web.getmonero.org/get-started/what-is-monero/
Daily Transaction Totals: https://bitinfocharts.com/comparison/monero-transactions.html
Mining Introduction: https://web.getmonero.org/get-started/mining/
Merchants that accept Monero: https://web.getmonero.org/community/merchants/
Crypto ATMs: https://coinatmradar.com/bitcoin-atm-near-me/
reusing another guy's OP edition

King Edition

Buccaneer tripfag is gonna seethe and cope because nobody's actually buying his shit but that's par for the course. Buy a privacy coin where you don't need to rely on the altruism of some basement dweller

There should always be a general up tbqh. Price crash today was unfortunate but sadly we're correlated with the movements of Boomercoin to a fair degree. Hopefully we hit a 2nd consecutive ATH for transactions though.

14.5k transactions yesterday and likely to be even higher for today. With the demise of Empire Market, Monero's usage will only continue to increase - bullish! Why not hop in?

https://www.crowdfundinsider.com/2020/07/164542-monero-xmr-zcash-zec-stellar-xlm-to-be-delisted-by-liquid-exchange-so-it-can-prepare-to-acquire-payment-services-license-in-singapore/
>Many publications have referred to Dash (DASH) as a privacy coin, however, its developers explained, during a detailed interview with Crowdfund Insider, that the cryptocurrency is actually not a “privacy coin.”

Think user adoption the past few months was growing? Just wait for what it'll be in a few weeks. First a trickle, then a flood.