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27561016 No.27561016 [Reply] [Original]

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 transactions being visible only by a Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs increases. Further, the mining network algorithm RandomX 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, feel free to ask and a MoneroChad will be with you shortly.


OFFICIAL WEBSITE - httpsweb.getmonero.org

WHERE TO GET MONERO

KYC
Binance
Kraken
Bitfinex

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

Mining
httpsarchive.isTWOah

HOW TO STORE MONERO

Desktop
GuiCli (recommended)
MyMonero
Exodus
Feather

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

Cold Storage
httpsarchive.isDEfsP

>> No.27561693

>>27561016
Pedocoin

Cant wait till all you are arrested for holding this drugcoin. Literally funding terrorism and destroying the rich culture of our PoC ( (very important) People of Color) communities. And if you make any money of this tax evasion coin, you should AND WILL be giving back to the community you stole from - ITS ONLY FAIR

>> No.27562111

>>27561693
mad you didn't buy the dip of the only cryptocurrency that can be used as a currency?

>> No.27562432

>>27562111
No I actually invest in shit that matters like rubic, bao, and muse.

A little GME too (you're probably to stupid to understand stocks anyways - I wont even delve into the specifics of shorting).

>> No.27562830

They are trying their hardest to not let this thing go parabolic. Converting crypto into XMR is the endgame.

>> No.27563467

I would like opinions from Monero entousiasts about a project without, if possible, looking like a shill. I have zero affiliation with the project.
I came across "Presearch" and, to be honest, I find it very interesting! Not a competitor to Monero, not the same use case at all, since it is a decentralized search engine... but it is also based on privacy and decentralization. It does use a coin.
Do some of you know this project? Do you think it has any future? By the way, my portefolio is 80% Monero and I do use Monero to buy some adult candies once in a while!

>> No.27564112

>>27563467
nfc what you are talking about but XMR is the post-pump crypto safe haven.

I almost always accumulate sats while retaining USD value by shifting into XMR after trading

>> No.27564490

>>27564112
This is probably the safest time to buy into it as the btc ratio is at the rock bottom. Can't see it going lower than this and it is the only coin with growing use case. And with this use case I imagine a lot will lose their keys and/or have them voluntarily confiscated. The real value of this thing is way higher than 0.00425btc.

>> No.27565860
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27565860

Someone explain why this currency isn't more popular. Almost glad it's escaped most of the meme crowds attention and is just good to use as a private currency.

>> No.27566223

How much longer do we have to stack up before it spikes high? I only have a tiny fraction of the XMR that I aim to have and can't buy it very fast (poorfag).

>> No.27566645

Wrapped monero is on rubic exchange

>> No.27567998

>>27562111
Checked.

>>27562432
This bait is so bad I feel like I'm getting psyoped into falling for bad bait bait.

>>27566645
Do you know anything about how wxmr works? Is the wrapping process trustless?

>> No.27568222

>>27565860
because you basically have to be a scumbag or a fed to know it exists.

scumbag here.

>> No.27568500
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27568500

GME fomoers feeling like 3 year long monero holders like me in just a few days.

>> No.27568683

>has a duplication bug that can't be audited.
>can be tracked by the breadcrumbing of fractured ring signatures.

Glad i sold all my xmr to invest in doge and gamestop

>> No.27568793

just found 3 old paper wallets!
I now remember why i left them on paper instead of using the gui as i sit here waiting to synchronize.

>> No.27568927

>>27568222
I'm neither, and yet here I am. Just a cybersec student who's in it for our rights for freedom.

>> No.27569062
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27569062

>>27568222
Checked.

>>27568500
Keep stacking an unknown amount anon. Monerochan never forgets about us. She takes her sweet time and that's fine by me.

>> No.27569308
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27569308

>>27568222
Nice, FED here. These two are not mutually exclusive.

>> No.27569447

>>27565860
Because the wallet is AIDS ?

>> No.27569480
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27569480

>>27569308
OH FUCK GLOWIES

>> No.27569571

>>27568683
That would explain the permanent suppression