/biz/ - Business & Finance

PREVIOUS THREAD: >>51369216

>>51452432
delete this and use the new pasta for fuck's sake

Exodus is closed source trash

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shutdown/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't. It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. When P2Pool reaches 51% of the total network hashrate, Monero will be essentially invulnerable to such attacks.


>YOU CAN NOW MINE IN P2POOL DIRECTLY FROM THE MONERO GUI WALLET!

If you have a PC or laptop:

1. Download Monero GUI
https://i.imgur.com/ZGefPef.png

2. Pick 'Advanced' mode
https://i.imgur.com/4c0uSE4.png

3. Set up your wallet
https://i.imgur.com/4lMKh00.png

4. Keep the default Daemon settings "Start a node automatically in the background"
https://i.imgur.com/maACmmT.png

5. Once sync'd, go to Advanced->Mining and pick 'P2Pool'. If you have a laptop or low-end PC (~50 kH/s) pick "Mini" pool, else pick "Main"
https://i.imgur.com/E60JeMG.png


>YOU CAN USE P2POOL-COMPATIBLE REMOTE NODES IF YOU DO NOT HAVE YOUR OWN LOCAL COPY OF THE BLOCKCHAIN
https://xmrvsbeast.com/p2pool/monero_nodes.html


OTHERWISE SWITCH TO A SMALLER POOL, IT TAKES YOU 30 SECONDS AND YOU CAN JUST SOURCE A DIFFERENT CONFIG FILE IF YOU DON'T WANT TO FUCK UP YOUR EXISTING ONE.

Many inexperienced miners think that big pools give better profits which is not the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.

https://www.reddit.com/r/MoneroMining
https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

>>51452469

Shit, forgot to update the copypasta. Yes, don't use Exodus!

>>51452528
as long as we got the warning in in the first few posts it's fine like this.
Reporting in
##################################
IRC- https://pst.klgrth.io/paste/tzm4s
Aliases- https://pst.klgrth.io/paste/bjbx3
Extras- https://pst.klgrth.io/paste/daxte
Nodes- https://pst.klgrth.io/paste/ke2k8
Mining- https://pst.klgrth.io/paste/c7na4

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

>>51452432
The Jews fear XMR. Every time you buy XMR, the Jew screams in pain. The nosy Jew wants to know your wallet amount but he can't. Stand against the glowie Jew, stack your XMR.

The Jews cannot stop the parallel economy. You can live off XMR using gift cards. Food, stuff from Amazon, gas, plane tickets and hotels. You will never need to cash out your XMR. You just buy the things you need with XMR.

Jews have been kicked out of 110 countries because they're slimely subversive little fucks. Sam Bankman-Fried (born March 6, 1992) is such a Jew that steals funds from his customers.

The Jews hate people who own XMR.

Never forget what this is ultimately all about.

https://anarkio.codeberg.page/agorism/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://monero.com/marketplace
https://cryptwerk.com/pay-with/xmr/
https://acceptedhere.io/catalog/currency/xmr/

>Live off XMR with Cake Pay (currently US only)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>AlphaBay
>Archetyp
>Asur Market
>Chimera Market #
>Cloud Market #
>Dark Matter #
>Darkmoon #
>FilthyFellas
>Mellow Market #
>Pygmalion
>Retro Market #
Onion links: https://pst.klgrth.io/paste/fs7ax


Anonymously exchange BTC for XMR using a reputable darknet service

>Kilos
>Majestic Bank (exercise caution, possibly exit-scamming)
>Elude
>Infinity Project
https://pst.klgrth.io/paste/8cunb


>Poker Club: play no-limit Texas Hold'em in real time with 2-8 players over the safety of Tor with the privacy of Monero! No user account required.
http://pokerggxmrvzecuo6afhucjwdljuve5eoavxdxdr6zedyejd6mvz5wad.onion

>XMR Poker
http://xmrpoker3icphjr7c6dgct3by44ph4xvxrds4jzwjkjh7h2owdf6icyd.onion


>Want to support further development? Donate to the Monero General Fund or MAGIC Monero Fund
https://ccs.getmonero.org/donate/
https://magicgrants.org/funds/monero/

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

>The irrational exuberance of cryptocurrency investors

Irrational exuberance is characterized as a hype-fueled mania that causes investors to massively overestimate an asset's real-world value. In this delusional state, investors tend to become so smitten with expectations of greater profits that they disregard the assets’ potentially weak fundamentals and drink the proverbial Kool-Aid.

This then leads to them recklessly and repeatedly buying into whatever asset is currently rising in the charts, thereby triggering and/or sustaining an asset bubble. This bubble is kept inflated solely by the mass delusion that the market price is justified and will only keep going up in future, effectively becoming a self-fulfilling prophecy. Note that bubbles can last for years, especially in an age of easy investor on-boarding. However, when history inevitably repeats and the bubble bursts that optimism invariably turns into panic as the asset crashes back down to its real-world value.

In finance, the "greater fool theory" suggests that one can sometimes make money through the purchase of overvalued assets—items with a purchase price drastically exceeding the intrinsic value—if those assets can later be resold at an even higher price.

In this context, one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero.

This effect is often further exacerbated by herd mentality, whereby people hear stories of others who bought in early and made big profits, causing those who did not buy to feel a fear of missing out.

https://www.youtube.com/watch?v=YQ_xWvX1n9g

>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total Bitcoin = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings Bitcoin would eventually require a $2.95 trillion price per Bitcoin and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL.

And that’s assuming energy costs do not increase at all over the next 120 years, which they will.

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

the reliance on centralized exchanges is an issue. what is being done about this? bisq is great as its the only decentralized on ramp for us dollars i know of, but it's a bit different and maybe difficult for some people to wrap their heads around. some more conventional dexes would be good too.

perhaps this is more an issue of the dexes themselves not supporting monero, maybe monero is weird and some way and compatibility with existing dexes would be a hassle to work out. i don't know i'm just guessing. but the most important privacy coin relying almost entirely on centralized exchanges is not good.

the centralized exchanges many of them will cuck themselves to regulators even before a regulation is passed its disgusting.

for me, a guy who refuses to ever use centralized exchanges, bisq is my only option. and it will take me hours if not days to figure out how it works and i'm lazy.

for a guy with some bitcoins who just wants to buy some monero without using a cex and without having to learn how some complicated stuff like bisq works there aren't many options. no point in calling me a retard, i already know i am one.

monero is important as the other privacy coins make compromises. i want to make clear i'm not fudding in any way or concern trolling. without monero the whole space is pretty much fucked and the dream of crypto is dead

So let me try to understand, comparatively.....
Ethereum is basically now like Facebook/Twitter/YouTube, in terms of acceptance and backing? And Monero is like.... the Kiwifarms?
What I mean is, have the big boys now decided that Ethereum will be the chosen one that will be artificially propped up (in the mainstream consciousness at least) as the socially acceptable CRYPTO for the modern world?

>>51452795
the big boys are shady as fuck doing all kinds of illegal shit. when cbdcs get rolled out and cash is banned whats going to be their go to? the world runs on crime. the duopoly of monero is that the most evil and the most good alike will use it to either commit their globalist crimes or keep themselves safe from globalist criminal elite. this is the future of money, nothing else could be.

>>51452634

There are already 2 separate Monerocentric DEXs in development, and they in turn will be forked off into many more.

>>51452662
>for me, a guy who refuses to ever use centralized exchanges, bisq is my only option. and it will take me hours if not days to figure out how it works and i'm lazy.
>>51452697
>for a guy with some bitcoins who just wants to buy some monero without using a cex and without having to learn how some complicated stuff like bisq works there aren't many options. no point in calling me a retard, i already know i am one.

Just use one of the darknet swap services listed here: >>51452584

>>51452879
great answer thankyou i am satiated

>>51452662
I replied in the other thread, but just watch the videos, it makes sense.

need a monerochan version

Why the fuck does Dextools' XMR chart look like this?

>>51455677
because the chart is pairing a shitcoin not the real xmr

>>51452528
>Shit, forgot to update the copypasta. Yes, don't use Exodus!
exodus alternatives?

>>51452722
checked and true

>>Can I buy something that is not drugs, credit cards or porn with Monero?
>Umm sorry my exchange does not list that crypto :(

It's over...

I was using nsfminer to mine eth with moneroocean before. Now it stopped working. How do I get monero with gpu now?

>>51456074
>What is coin cards
>What is travala
>What is non kyc exchanges swaps
Kys

Ok so Monero uses POW. How many nodes are currently out there to support the network in case of a 51% attack?
Lets say there are 100k nodes, and some government like the Chinese, Russian, American or North Korean wants to completely fuck the blockchain. How much effort do you think this attack would mean to them?
The Chinese government builds huge ghost cities just for fun, do you think they can't make a 51% attack if they want to?
I'm just asking from my ignorance, i don't know how many monero nodes are there but I'm particularly pessimistic on this topic.

>>51456149
While not impossible, governments aren't agile enough to use their spare capacity to attack monero. If they attempted using their icurrent systems, the attack would be at the expense at those systems doing their day to day gov. work. they may well fuck themselves to disrupt or damage our little market cap of 2.6 billion usd. so, for now, they run scare tactics on cexs to try to disrupt liquidity.

>>51456687
k but this is only assuming that monero stays low profile. Also you can get a monero node up and running in a raspberry or something cheaper, i don't think they would need to use their day to day equipment.
So in other words, as long as monero stays in the shadows and never get to be a real threat to fiat it will be ok (This also applies to any other cryptos).
Makes me sad, i really wanted a replacement for fiat currency.

how does PoS even work for something like ethereum?
I thought miners were doing the computation, who's doing it if there are no miners?

>>51456883
all the information is there but they expect you not be able to read it. Validators are randomly chosen to "encrypt" (LOL) blocks with low difficulty to add onto the chain. They should just call these shitcoins read and write-currencies and not crypto-currencies

>>51456851
I would say that based on market cap, we are sufficiently hashed to fend off the idea of an attack. if our market cap doubled or tripled, we would see hash rise the same. Currently, I believe it would be like buying a $40 bolt cutter to bust a lock worth $2.50.

>>51456149
It's one of the area's XMR is weak to BTC. Being minable on consumer grade hardware is great for decentralization and security so long as the majority of participants are honest. If a nation state wanted to attack XMR it would be fairly simple and cheap for them to do so given the hardware they already have access to would be sufficient. If they wanted to attack BTC there is doubt to whether they could even garner enough specialized equipment to do so and costs of trying to acquire such equipment would quickly skyrocket and maybe even face troubles getting it as most suppliers are miners with a vested interest in the long term security of BTC (they would refuse to sell). BTCs hash rate is also something to behold and it is predicted all the worlds top supercomputers combined wouldn't be able to 51% attack it. At this point the main vector of attack for BTC is the sha256 algo. If that broke the world would have far bigger problems though given pretty much every single bank account and encrypted system would be at the mercy of said attacker at that point.

It's safe to assume as demand for XMR increases and the price of XMR increases along with it then the incentives to mine it would also increase and an arms race of hash rate would ensue.

>>51452722
XMR is doing what I thought BTC was going to in 2009.

>>51457543
This is hitting me now. I have been in and out of XMR but with the merge just being a corporate power grab to ETH its showing me that XMR is more needed than ever. Will start mining tonight and buying more soon

>>51457543
This is how I feel. I don't think I could ever touch these disgusting mass surveillance tools when Monero is simply superior as a currency.

Every time I see cake wallet / mobile wallets / exodus / multicoin wallets shilled I seethe. Praying on your eventual loss of funds if you use these.

>>51458464
Mobile wallets are good for making smaller purchases though. Kind of like an actual wallet. You keep maybe about 50$-100$ worth of XMR in there just to have as you go about your day. monero dot com wallet works really well for this with the gift card function. Though, I do agree that trusting your entire actual stack of XMR to a mobile wallet is retarded.

can i still buy on kucoin? i heard they are delisting it?

>>51456687
it only costs them a subpoena and maybe to pay for the electric bill. which given monero's low energy consumption may not even be much.

>>51452568
Based. Fuck kikes!
>>51456149
Once 51% of the total cumulative hashrate is on P2Pool it's impossible to 51% attack, right? Or am I missing something...

Does anyone know how to get ANY crypto with a debit card/gift card/cash without KYC in America? I already know about DEXs for Monero that I can use to swap my coins, but I need a way to get the coins in the first place.

Last time I used Localmonero.co, my bank froze my account and probably put me on a list or something because every 2 weeks I'd get locked out and they kept asking me for a shit ton of personal information. It got so bad that I had to close my bank account and get a new one with a different company, kek. Anyways, I just want a way to acquire monero actually anonymously.

A gift card or anonymously purchased visa card seems like the best option to do this, but I haven't found any services/people that take it.

>>51458464
What should you use?
Cold storage?
Hardware wallet?
Official GUI with Tails OS?

>>51459561
simpleswap.io will sell stablecoin for visa/mc. not sre if they need kyc though. never used that method. just swapping with them.

>>51458464
You can use monerujo and cake wallet as a pocket change wallet. No need to be that schizo. Convience will always have some sacrifice. Like carrying some cash on you. Yea you could get mugged... but you probably won't.

>>51458907
I think that was huobi

>>51459561
You can do the cash-by-mail deals on localmonero instead of the wire transfers.

I WANT TO BUY XMR WITH CASH IN PERSON BUT THERE'S NOT A SINGLE PERSON IN MY STATE ON LOCALMONERO

>>51459624
Thanks anon, I'll check that out.

You know what the best option would be? A precious metals to monero exchange. It would be a great way to officially ally with the PM chads.

I've always said that if I were building my own parallel society, I'd enforce Monero for all digital/long-distance transactions and use (minted and reeded) precious metals for all IRL/local transactions.

>>51459684
Something about that feels really sketchy IMO. The people who do that are always weirdly anal about how its done, and I don't feel comfortable mailing money without any return address.

I don't even know why it's necessary in the first place when you can easily purchase gift cards and visas with cash anonymously and do the whole thing digitally.

>>51457200
>. If a nation state wanted to attack XMR it would be fairly simple and cheap for them to do so given the hardware they already have access to would be sufficient.

lol that works both ways, what is easier to attack is also easier to defend. The majority of today's supercomputers run on GPUs, not CPUs, and the total potential hashrate of defenders i.e. citizens of the world far outweighs that of governments.

>GPUs Power Five of World’s Top Seven Supercomputers
https://www.hpcwire.com/2018/06/25/gpus-power-five-of-worlds-top-seven-supercomputers/

> If they wanted to attack BTC there is doubt to whether they could even garner enough specialized equipment to do so and costs of trying to acquire such equipment would quickly skyrocket and maybe even face troubles getting it as most suppliers are miners with a vested interest in the long term security of BTC (they would refuse to sell).

lol a determined nation state wouldn't need to attack the network the hard way, they could simply:

1) Declare PoW mining an " environmental hazard"
2) Cut off the resupply of ASICs by restricting or outright prohibiting their importation and sale.
3) Cut off the power to ASIC mining farms citing the aforementioned "environmental concerns"
4) Raid known mining farms in a coordinated global strike and turn the seized hardware against the network.

Monero is immune to 2, 3 & 4 because there are no Monero mining farms to target.

>>51459561
>it's impossible to 51% attack
how can monerotards be this stupid?

>>51459686
I got lucky and met one guy because no one else is near, but that was a one time thing. You can look in other forums and go to conferences. Monero people are very undercover.
>>51459688
Unfortunately bitpay doesn't take it, when I buy PM with crypto they only take the mainstream coins. One day
>>51459728
Another way to do it. And the way I do it most of the time is find family or friends that are in crypto and cash them out then use a decentralized swap to get XMR. This bear market has been nice because people want cash.

i have some in a cake wallet, have not been able to access in forever, says starting sync but never gets through a single block. i think i need to add a new node, anyone use cake wallet have or know of this issue?

>>51459736
>lol that works both ways, what is easier to attack is also easier to defend.
if anyone out there cared about it. but why would people care about it? how many holders of monero exist do you think? 1 million? so let's say the average pc can do about 1 kilohash/s that's 1 GH/s which is less than half of monero's hashrate.

the amount of hashrate a serious nation state attacker has access to is probably in the hundred gigahash range or higher.

>>51459743
Must be all the drugs I'm getting away with buying.
>Unfortunately bitpay doesn't take it, when I buy PM with crypto they only take the mainstream coins. One day
I guess some PM chads could list their stuff on moneromarket.io if they ever wanted to sell.
>And the way I do it most of the time is find family or friends that are in crypto and cash them out then use a decentralized swap to get XMR.
This is the best option. It's very discreet and you keep money in the family. Unfortunately I don't have any family into crypto...

>>51459805
>the amount of hashrate a serious nation state attacker has access to is probably in the hundred gigahash range or higher.
Yeah except they have no reason to do this unless monero gets big, in which case the "hundred gigahash range" wouldn't be enough. The attack surface and defense surface scale equally.

Also a 51% attack isn't even that damaging anyways. It really only affects CEXs, which are on the way out anyways.

>>51459772
See >>51459839

>>51459743
No thats the point of P2Pool if it gets a majority share it would protect the network from bad actors.
>>51459805
Oh yes lets mobilize the nation's general purpose computers to take down a network worth less than $3 Billion. It'd be easier for botnets to attempt this but still very difficult.
>>51459839
Blessing of a big family... Find some people locally. A lot more people own crypto than you expect. A dollar and a dream i guess lol

>>51459876
>Yeah except they have no reason to do this
agreed otherwise it would have happened. doesn't mean you can build a new monetary system on that basis that you will forever fly under the radar. regulatory hostility is clear from delistings.

>>51459907
>Oh yes lets mobilize the nation's general purpose computers
it takes 1 phone call from joe biden to jeff bezos and it's done.

>>51460012
>it takes 1 phone call from joe biden to jeff bezos and it's done.
I think you overestimate the mobility/liquidity of rich people's money.

Also, Monero is famous for being used in conjunction with viral ransomware. If Bezos can make a botnet to perform (a largely innefective) 51% attack, then an XMR chad could just as easily make a botnet virus that mines on P2Pool.

>>51460178
are you stupid or something?

>>51460516
Are you?

>>51459561
>Once 51% of the total cumulative hashrate is on P2Pool it's impossible to 51% attack, right?
I'm not an expert here, but if another pool is bigger than P2Pool, not in hash rate but in nodes, then they can perform a 51% attack.
Also this pool could be concealed so the attack takes the coin by surprise.
Pls correct me here if I'm wrong.

>Trusted technology, growing adoption

Zcash was launched by one of the most respected technical teams in the world.

Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.

Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.

Multiple, independent organizations are funded to innovate on Zcash.

Zcash is already available on top exchanges, digital wallets and a growing number of applications.

This is what Monero chuds don't want you to know.

Buy Zcash if you actually want to make it.

>>51460695
if zcash is so good, why do actual criminals refuse to use it? No dnm accepts it.

>>51460788

...and here's why that's a *good* thing!

>>51460695
>Zcash was launched by one of the most respected technical teams in the world.
Appeal to status/authority
>Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.
Lie.
>Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.
Bloated crap that doesn't work.
>Multiple, independent organizations are funded to innovate on Zcash.
That's a bad thing
>Zcash is already available on top exchanges, digital wallets and a growing number of applications.
That's a bad thing.

>>51459561
>Once 51% of the total cumulative hashrate is on P2Pool it's impossible to 51% attack, right? Or am I missing something...
You're assuming the network wouldn't get bigger. Let's say we have 100 nodes in the network and 60 of them are running p2pool. It would be impossible to perform a 51% attack unless someone added nodes to the network, so if the government decided to start their own pool with 100 nodes, now we have 60/200 nodes that are using p2pool, which makes us vulnerable again.

tl;dr
It makes it harder to perform, but a determined enemy would be able to flood the network with malicious nodes.

That being said, our current hashrate is 2.78GH/s, so you'd have to commit over 1.39GH/s to accomplish a 51% attack at this time. So you'd need a little over 13,700 AMD Epic 7763 64 Core Processors, which would cost $65,760,000 (not including power supplies, motherboards, hard drives, network cables, cooling system, etc) to do.

>>51461463
Got it. Thanks for the explanation anon.

>>51461463
i don't understand why would they need to have half the hashrate if only having the most nodes is sufficient to corrupt the blockchain...

>>51462045
A 51% attack is based on hashrate, anon. The idea is being able to approve or deny transactions by controlling network consensus. You can read more here:
https://www.coindesk.com/learn/what-is-a-51-attack/

>>51462102
Thanks for the info anon, ill check it out.

>>51462102
ok so i read it and i don't know if I'm retarded or not but i still don't get it.
A 51%+ corrupt nodes would be potentially sufficient to block/deny any new transaction, despite the hashrate.

Be honest. How many of you run your own node?

>>51462440
I used to but then my desktop broke.

>>51462395
I think you're forgetting the difference between a node and miner. You could have nodes refuse to show a transaction, but that wouldn't make the transaction invalid and someone could just use a different node to see the transaction that you're trying to hide. To censor a transaction would require controlling the miners, so that you could refuse to accept it as valid and the rest of the network would have to believe you (or hard fork, thus creating 2 different blockchains).

>>51462440
Yes, I built a server specifically for it (and to serve as an NAS). It's a full node, not pruned, with p2pool as well so I can truly participate in the network's security

Biggest e-commerce in czech.

the czechs (as always) are very smart people.

https://www.alza.cz/monero

translate: https://www-alza-cz.translate.goog/monero?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp

>>51462515
Fucking nice.
I hate alza monopoly, but now I hate them little less.

>>51462488
So, in summary, you could have the nodes HIDE a transaction from someone, but you wouldn't be able to change the fact that it happened without controlling the miners. The transaction itself would still occur and be visible on the rest of the network unless you stopped it from being added to the blockchain entirely.

>>51462544
Haha yes. I actually like Alza. Yes, Monopoly. Not good. But damn, they do really good job. I just wish perhaps czc and others followed. Not much innovations.

Now we just need Rohlik to accept Monero :D

Is there a point in holding wownero?

Hypothetically speaking would it not be really really easy to tax evade with Monero? Just dump all of your assets into Monero and say you lost them?

>>51463152
Yes. Isn't financial privacy beautiful?

>>51452722
>privacy
It's an old technology, and its role in the privacy ecosystem is underappreciated right now, especially with new technologies and privacy protocols utilising ZK-snarks technology for anonymous transactions.

>>51463152
a lot easier if your assets aren't KYC from a cex, but yes.
but once i have monero, why cash out? theres no real taxes to evade if im sending my xmr p2p for goods and services

>>51463661
You're evading taxes if you purchase any real goods with Monero (which is based).

I’ve been mentioning I wanted to mine other thread. Don’t know where to begin. The task of figuring out how to set up a mining rig seems extremely complicated. Then the power costs and calculating hash rate/profitability. Someone recommended “monero ocean” but this sit doesn’t really fill me in on the hardware. Do I need to fill a whole basement with CPU’s strung together somehow for 200k to be profitable? Then pay 10k a month in electricity? How’s a tech retard to get started in this? Im sure an average joe like me could probly do it with persistence.
Then again I could be dreaming. I’ll never be able to make the down payment to mine… *sigh*. I can join a pool but what good is that when you only got like 40 hash from your 10 year old laptops CPU?

Monerochads, wagmi.

>>51463721
One of the very flaws of monero and why I think some other privacy protocols are more compliant utilising ZK-snarks technology with optional privacy.

>>51463160
Fraud

>>51463970
Cringe. Go be a bootlicker somewhere else.

>>51463986
Gtfo you bulgarian

>>51463127
are they even still active? their last commit on their git repo is from a year ago i think

>>51459907
>No thats the point of P2Pool if it gets a majority share it would protect the network from bad actors.

No, the hashrate of p2pool are hashes that are guaranteed to be non malicious. As long as p2pool can MAINTAIN 51% then the coin is immune to 51% attacks from pools (i.e the government can't just hack all the pools and force them to mine their sidechain to attack, they need to get additional resources). This doesn't mean that when p2pool reaches 51% it will be immune to 51% attacks. An attacker can bring outside hashrate into the network and attack even if p2pool has 51%, because they could just gather 10 GH/s from outside the network and attack, silently mining a sidechain and then releasing it.

>Oh yes lets mobilize the nation's general purpose computers to take down a network worth less than $3 Billion. It'd be easier for botnets to attempt this but still very difficult.

Yes, it makes no sense for them to do this, resources are needed elsewhere.

>>51452622
>>51452722
>>51455677
>>51457200
>>51459688
>>51459999
>>51460788
>>51462144
>>51462488
>>51462544
checked

How low are we going?

I think we see a floor maybe at 80 this time?
Is 18.7 still the make it?

>>51465134
Consider that BTC is extremely likely bottoming out under $10k. What will be the XMR price then? Might go lower than $80.

>>51460695
>Trusted technology, growing adoption

Literally experimental "moon math" technology that could be backdoored, filled with bugs, and is plagued by trusted setup and a dev tax.

> Zcash was launched by one of the most respected technical teams in the world.

It's a centralized company coin.

> Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.

Buzzword, no one on the ZCash network uses the shitty privacy it gives them.

>Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.

Privacy NO ONE uses, that could potentially be doomed to break.

>Multiple, independent organizations are funded to innovate on Zcash.

This isn't a positive.

>Zcash is already available on top exchanges, digital wallets and a growing number of applications.

Getting delisted alongside Monero. But "muh compliance"

Cucked coin for cucked losers.

The banking Jew is a nosy fuck. They question where your monies come from. They can freeze your bank account. They can call the police to raid your home if they're suspicious of your monies. Avoid the banking Jews, use XMR.

>>51461463
You would need 2.78 GH/s, not 1.39GH/s

1.39 GH/s wouldn't give you 50% hashrate.

>>51465134
100 is the make it stack.

XMR $110 iron bottom. Might wick lower from liquidations but will recover.

>>51465212

>>51465228
>$110 iron bottom
It depends on how low BTC goes and you know that. And iron is a kind of shitty material. But yes of course XMR will recover.

>>51465212

Fuck you Paypal, you corrupt KYC piece of shit. Stop asking for my personal information! Hackers sell Paypal's customers information online. Fuck the kikes behind Payal. Stop using Paypal, it is ancient tech. Who the hell uses Paypal in 2022? Stupid ass mother fuckers. I hope Paypal goes bankrupt and dies a forgotten death.

>>51463970
Monero is as compliant as cash. But hey, since ZCash is so compliant surely it wouldn't also be getting removed from exchanges, right? : )

>>51465248
Bro you paste these two messages every thread. We get it. Stop using paypal and it will finally stop asking for your personal information.

>>51465248
whomst, cant find

>>51465333
From what I can gather, used to be on OnlyFans as xyaku and twitter as xyakuma, also goes by Yakult. Looks like the accounts no longer exist though.

Did find this though (arguably NSFW)
https://forum.fapfappy.com/index.php?threads/yakult-xyakuma.22123/

tfw almost at 2 sui stacks

>>51458464
>>51458757
mobile wallets are more secure than desktop wallets
android stores your private key in a secure storage, no other app can access it - even if your phone has malware apps on it
on a PC you can get rekt much easier

>>51459784
export the seed and try in monero desktop wallet?

>>51465457
>mobile wallets are more secure than desktop wallets
>android stores your private key in a secure storage, no other app can access it
*Qubes has entered the chatroom*

>>51465457
>mobile wallets are more secure than desktop wallets

LOL

your phone is definitely more secure than tails bro, I believe it!

>>51465243
>And iron is a kind of shitty material
?

>>51465469
I swear these idiots shilling mobile wallets must be getting something from cake. There's no way a a sane human being thinks their phone can ever be secure.

>>51459784
I occasionally have that issue if I leave the app open in the background. Try closing the app and then opening it and staying on the screen. If that doesn't work, change to a different node and/or open your seed in a different wallet

>>51465488
>>51465472
the average anon doesnt use a whole OS to store some crypto, at least I don't lol

>>51465525
you should be using a decently secure os anyway dumbass

>>51465486
Ever heard of RUST??

is tudor coin fucked u0p?

>>51462440
I run a full node on NVMe, syncing cake wallet over WiFi is crazy fast.

>>51465469
>>51465472
read this you autistic edgelords: >>/biz/thread/S50620666#p50627809
you think normal people ever heard of tails or qubes
do you think anyone would want to use that shit just to pay for stuff?
do you also have a 2nd PC only for ebanking?

>>51465488
I don't believe a phone will ever be quite as secure as a desktop due to the nature of everything being closed source, but projects like GrapheneOS are a step in the right direction. I wouldn't really consider a phone to be incredibly vulnerable either, unless you count the massive amount of user data gathered from them (in which case yeah, they're fucking terrible). I don't think they're being paid to shill, I think they're just generally uninformed (I don't think most even use FDE or would know how to implement it)

>>51465525
Mine are separated. I have Windows for gaming/normie shit plus a watching only wallet, then a second partition with my choice Linux distro running in an encrypted LVM for my maintenance tasks (SSH into a server, spend XMR from hodl wallet, private messaging, etc.)

>>51465550
>you think normal people ever heard of tails or qubes
>do you think anyone would want to use that shit just to pay for stuff?
I was mostly just fucking around when I mentioned Qubes, but to answer your question about ebanking you can read my previous response in this post. What size is your NVME? I've got my server booting from a ~150GB SSD and the blockchain on a 4TB HDD, speed is plenty for my purposes.

>>51465609
From the users point of a view a phone is already a lot more secure than a desktop PC.
Of course the highest security can be achieved on an open source RISC computer with hand crafted OS utilizing only open source components.
But that is not realistic.
Most users just want to install an app and not worry about their funds being stolen.
Cake wallet + Android secure storage and OS model ensures that, a Windows PC with BitLocker encryption, TPM, etc. does not. Neither does a regular Linux distro like Ubuntu or Debian. Only Qubes can offer similar security from a users perspective.

The NVMe in my home server is "only" 500GB, uses ZFS with encryption.
Should hold for a very long time:
Power On Hours: 1,578
Percentage Used: 1%
Data Units Read: 9,548,654 [4.88 TB]
Data Units Written: 7,070,812 [3.62 TB]

>>51465250
Zcash will be delisted from Huobi exchange cos it is deemed not to be compliant according to the exchange. Verge and decred are also on the list. I think Railgun is still one of the safest platforms to use for privacy.

Reminder about the interceptor at the best buy in Charleston then.

>>51462440
I don't even use Monero, but at least by running a node someone else can benefit from a spare 15% health SSD in my server. I don't have public RPC, just P2P sync.

How can I convince ppl to buy and trade with monero

>>51466957
All you can really do is let people know that you prefer Monero when transacting with them. If they are tech and/or freedom minded they may agree to use or at least look into XMR further as a means of transacting.

>>51464071
It seems... sort of active? If XMR's grassroots grows to a bigger size I could see it taking off a bit. Like a BTC TO LTC/DOGE relationship

>>51459561
"51% attack" is a misnomer. Alternate history attacks can be performed with any amount of hash power on POW chains, though a greater share of the network obviously increases odds of success

>>51464071

>commit on their git repo

We memes.

MONEROMARKET.IO

>>51463127
>memes
>pumps at random
>actually also pretty viable as a currency
I have an unknown amount of wownero.

Are any miner anons experiencing issues with GMiner and MoneroOcean? Picrel is occuring all of a sudden it just hangs after Statum server authorization and nothing happens - I've tried updating to the latest version and switching over to windows OS as well but get the same thing did something change with the config settings over the past few days?

>>51468185
>ethash
Bro. You cannot mine that anymore. Eth is PoS(read piece of shit)

>>51468216
what to GPU mine now on m.ocean?

>>51468216
>>51468275
fuck - this then what is the best way to get xmr with a gpu now

>>51468320
>>51468275

Use their mm.js thing to auto pick the best shitcoin

Thanks for the help xmr bros i just switched to ravencoin as "good enough" for now hopefully the performance hit isn't too bad

Are we going to $80 XMR? I think I missed the bottom...

>>51465176
>>51470096
What is this FUD?
Last time the btc was sitting the bed 100usd was the bottom.

>>51470171
I have buy orders at $80 since June. They haven't been filled for some reason.

>>51470208
>for some reason

The reason is you were incorrect about where the bottom/local bottom would be. Just DCA, it's unbelievably easy.

>>51470096
We are going to $70 XMR, $7k BTC. No, it's not too late. We're a long way from the bottom

>>51470529
Just keep buying more

>>51452432
Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/395601640

>>51470662
Silence DCAfag, the adults are speaking.

>>51470529
.01 xmr would be so sweet

>>51470951
Are the adults losing money as well?
Are they in the room with us right now?

>>51470951
>Silence DCAfag
go get some of the efferum

>>51470951
It's not DCA because I am not selling.

>>51470320
>The President will evaluate whether to call upon Congress to amend the Bank Secrecy Act (BSA), anti-tip-off statutes, and laws against unlicensed money transmitting to apply explicitly to digital asset service providers—including digital asset exchanges and nonfungible token (NFT) platforms.
>He will also consider urging Congress to raise the penalties for unlicensed money transmitting to match the penalties for similar crimes under other money-laundering statutes and to amend relevant federal statutes to let the Department of Justice prosecute digital asset crimes in any jurisdiction where a victim of those crimes is found.
Worst case scenario: instant swap services are BTFO'd, p2p marketplaces like agoradesk and localmonero are BTFO'd, and exchanges like kucoin and tradeogre have to go full KYC to remain online. Serai DEX and Haveno would fix this, but they will probably get banned on github, tornado cash style. Also there's a non-zero possibility that these DEXs get filled with feds that track and eventually arrest low-opsec users who try to buy monero with insufficiently mixed bitcoin, paypal, and mail-in cash.

Holding monero right now is kind of like being in 2015 when you could buy a ton of bitcoin off of coinbase with no requirement of KYC shit.

>>51470096
>$80 XMR
It's kinda appearing so. Load up a powder charge of stablecoin to slurp when it happens. You don't want funds on exchanges when shit gets chaotic.

>>51474048
>It's kinda appearing so. Load up a powder charge of stablecoin to slurp when it happens. You don't want funds on exchanges when shit gets chaotic.
impossible, 80$ monero is literally impossible, the bottom is 120$, any time it hits 120$ the regular users just buy more for their purchases... the coin is stable, at the 120 to 150 interval it's a buy, if it goes over 150 it will fall down sooner than later, i have made some bucks swing trading monero, buying at lows 120 and 130 and selling at highs 150 160, but it was slow compared to other opportunities

>>51462440
nodes, plural.
Don't forget to look into Oracle Cloud Compute free tier

>>51474255
prices are going to be chaotic on the downtrend until the fed pivots, which will be reactionary in and of itself. if stonks takes shits in the meantime, bitcorn will take shits, and xmr will then take shits as well. once the fed pivots, then price action will go begin to moon. the fed's forward guidance is to keep shrinking the balance sheet to stave off inflation, though it is supply chain issues causing the inflation. They will make a mess as usual.
https://www.mannarino-market-risk-indicator.com/MMMRI/

>>51474601
>bitcorn will take shits

There is only up.

>>51462440
Clearnet p2p/rpc and onion (with vanity address, of course) p2p/rpc on the same hardware (want to get the same setup onto openbsd), I also helped my buddy get a node set up and running and taught him (still teaching him) how to maintain it and the OS.

Running a node is super easy now with all the different scripts and programs people have made but I still build it myself from source.

>>51462440
I do

>>51474519
>Don't forget to look into Oracle Cloud Compute free tier
Not your hardware, not your keys, not your nodes, not your coins.

Running nodes only makes sense for you if you can run your own nodes.

getting "free tier" nodes (as if PCP's are so benevolent, right) is simply putting all your wealth into the hands of a bulgarian bar owner and expecting it to be there at all times.

>>51475243
Some time ago I heard about the "Republic Protocol", which would, in a decentralized fashion, chain amongst different blockchains. The rules were, there would be about 1 billion REN tokens, and you need 100,000 to operate a "darknode"- meaning there could only ever be 10,000 of these "darknodes", all of which shared in the rewards for transmuting from one blockchain to another. This is the origin of the REN token, and these guys are still up there. But you know what they haven't added?

Monero. They haven't added the one currency that matters to their business model. Their reason, at the time, was that Monero used some cryptographic algorithm that they didn't yet support.

Monero, since then, has added atomic swap with BTC, but has anyone here ever done it? It's only works good in one direction and work is needed on the wallet side to support it usefully.

As such, almost all Monero is exchanged using centralized exchanges, which are definitely of concern, as nation after nation comes after the ones that list Monero.

Is there a DEX that will exchange Monero to something else, and back?

>>51476009
>Is there a DEX that will exchange Monero to something else, and back?
we don't like to talk about Haveno...

>>51476181
What about Penumbra? Haven't heard from those guys for a while now.

>>51452502
P2Pool isn't appearing in my monero GUI, but I can get the CLI program.
p2pool --wallet [my_wallet] --start-mining [x] should work, right?

*****/XMR/ Monero General Poker Night*****
>*****/XMR/ Monero General Poker Night*****
*****/XMR/ Monero General Poker Night*****
>*****/XMR/ Monero General Poker Night*****

Hang out and play Texas Hold'em with fellow MoneroChads safely over an anonymized network and hopefully win some XMR along the way!

To accommodate players from different time zones, Poker Night commences at 6:00 PM Sydney, Australia time and then rolls westward throughout the day, so in effect the entirety of Saturday = Poker Night, feel free to drop in at any time!

>STARTS
06:00 PM Sydney
10:00 Berlin
04:00 AM New York City


>WHERE
Poker Night alternates between Poker Club and XMR Poker to give both services traffic. This week XMR Poker is the designated host while Poker Club is the backup should there be technical issues or all tables reach capacity.

Neither service requires JavaScript.

>Poker Club
http://pokerggxmrvzecuo6afhucjwdljuve5eoavxdxdr6zedyejd6mvz5wad.onion

Dread: http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/d/PokerClub

>XMR Poker
http://xmrpoker3icphjr7c6dgct3by44ph4xvxrds4jzwjkjh7h2owdf6icyd.onion

Be sure to read the guides on either site to familiarize yourself with how things work.


>REQUIREMENTS
You will obviously need to download and install the Tor Browser to access the darknet.

https://www.torproject.org/download/

You will also need an unknown amount of XMR to play. Don't stake more than you can afford to lose.

Optionally, you can voice chat and coordinate over Jitsi for a more authentic social experience. Jitsi is FOSS and end-to-end encrypted.

https://meet.jit.si/
https://desktop.jitsi.org/Main/Download.html


Note that unlike with clearnet gaming, playing over Tor with Monero is by far the comfiest way to play because your identity, IP address and money trail cannot be established so you don't have to worry about legalities or about the tax man coming to collect his share of your winnings.

Good luck!!

>>51476386
are you sure you are using your own node? it doesn't appear if you aren't

>>51477330
just checked the page. it looks pretty good.
Has anyone here played this?
can you get scammed?
no players at the time, do you ever get to encounter another players?

I have made the executive decision to use cash more

>>51477612
I've used Poker Club a few times, they're legit. You can find them on Dread at /d/PokerClub, players normally announce when a game is starting

>>51477491
It says I'm using a local node

>>51477841
>>51477491
It looks like it's not letting me click on dropdown menus

>>51468521
Whelp my hashrate is only 30% of what it was this is no good

>>51478021
GPU mining is dead this bear market. Too many players and the coins aren't worth enough to compensate.

>>51478021
I was mining with 22 cards on moneroocean. I'm getting 20% of what I was with ETH. GPU mining is over. Dump them

>>51478120
no other coins worth mining?
this is actually good news.

>>51452795
You act like big tech will matter where we are going. Facebook is nonexistent, twitter is just bots. Ethereum is a big bloated shit. FAGMAN will start to burn like mcdonalds slowly. Simple focused software like XMR will be a gem in a sea of decaying software. Eventually the chips will stop being made and we downgrade to precious metals bartering.

>>51463843
watch a youtube video first.

I will start exclusively investing in monero if someone can tell me conclusively if it can be banned and all my funds rendered useless. Someone please dispel this fud for me I would be very grateful

>>51479262

>>51479280
I don’t care about moon missions I just want to be free from this hellish financial future we are facing

>>51479262
>if it can be banned and all my funds rendered useless
There is no practical method to ban it that would be enforceable. The networks functionality would continue to work regardless of whatever laws get passed, both because it's hard to enforce locally and because Monero is a global network with a well distributed node and mining network across the globe.

If by
>rendered useless
you just mean actions that could drop the price a lot then yes that perfectly well exists. Centralized exchange delistings tend to drop the price as it scares the speculators away.

I personally think Monero has great potential upside but if you don't genuinely believe in the coin as a moral proposition regardless of price action, a pure speculator type might not want to stomach the roller coaster and potential downsides of regulatory pressure affecting price. From a risk-perspective it would be a lot less stressful to buy ETH or BTC which trade like the S&P 500 with leverage, but have very little regulatory risk as they're captured entities.

Considering they have almost the same supply, Monero should be viewed like investing into Bitcoin in 2013 when it was viewed as scary internet drug dealer money that was just going to get banned. That isn't an implication or hint that it's going to copy BTC's price action either, I'm saying if that as if you had to genuinely weigh that decision without the benefit of hindsight like you would have now. None of us have a crystal ball.

>>51479405
Ok. I’m gonna start buying 1 xmr with each paycheck. Thanks anon

WE'RE LITERALLY GOING TO GET A FED COIN

https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/
https://moneyandmarkets.com/fedcoin-federal-reserve-studying-digital-currency/
https://news.bitcoin.com/fedcoin-u-s-issue-e-currency/
https://cointelegraph.com/news/republican-lawmakers-call-for-answers-on-digital-dollar-from-fed-vice-chair

The FED feels that since everyone spent so much money on crypto that they can step in and make a coin themselves. When China came out with their digital slave currency during the pandemic they made it so the currency actually expired at a certain time limit. Without M we're pretty much fucked, the demon niggers will win when this shit comes out it'll be like those dystopian books and films with everyone in society having fucking digital credit scores.

>>51465525
Is it that hard to just put tails on a USB? Too difficult???

>>51457118
Good analogy.

>>51479493

>>51465223
Shit, you're right anon. I may be retarded, but in this case it was a good thing.

>>51479493

Well yeah, Fedcoin is the State's answer to crypto, they'll give it a monopoly and force crypto into the underground, where Monero has already established itself.

>>51452432

nice picture

smart contract hitman list tiems

He's getting desperate.

https://youtu.be/_zkweFcpQMs?t=1497

>>51482453

Comedy gold.

>>51458464
look at this pajeet, mobile wallets are secure, i stake directly in wallets which is safer. i'm currently baking Xtz on the Sylo smart wallet with a 6% apy, with that i hold my private keys and tokens.

I have my wallet stored in a pendrive. Sometimes i leave the pendrive just lying around in my house and frens come over and i don't give a crap.
Sometimes i take the pendrive with me when going out. In both cases the pendrive could be stolen in which case, how fucked am i? I mean the wallet has a 11 character strong password, i think I'm safe.

>>51484488
>Character

Use a diceware password instead and you'll be fine.
6 words are easier to memorize than 11 characters

>>51484613
is it really safer having a password generated from a known dictionary? I mean my current ṕassword looks something like this '78&%thfG!I2' .
also, can i upload my wallet to my email or my google drive or just anywhere without the worry that the password could be cracked?

>>51452432
Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/395729894

>>51484880
>is it really safer having a password generated from a known dictionary? I mean my current ṕassword looks something like this '78&%thfG!I2' .
also, can i upload my wallet to my email or my google drive or just anywhere without the worry that the password could be cracked?

Kek.

>>51484880
>muh my google drive.

>>51485099
explain why not, i mean there is always this guys telling how hard is to crack a random generated password. they say a supercomputer would take millions of years, are they mistaking?

>>51484488
make backups

>>51484880
>upload to someone elses computer
>would it be safe

No, no it would not be safe. At all.

Here's what you do
>make encrypted volume with veracrypt or some other open source program
>use passphrase at least 5 words long
>stick wallet in encrypted volume
>load that encrypted volume and a portable version of veracrypt on flash drives
>cost for 3 wallets: $30
>99.99999999999% chance nobody will ever get into it except for you
>just werks

>>51484488
Checked.

>>51485155
Checked.
You can also make decoy encripted compartments. If you were tourtured for your seed (kek) you can reveal decoy with a small amount of coins.

But I prefer KeePass.

>are pass phrases safe?
Do the math m8. Plus they are easy to memorise and hide in plain sight. It's all about entropy, not how unreadable they look.

>>51485152
pic rel wholesome.

Why are ethniggers so dumb. I don't understand how they don't understand just how centralized things just became. LOOK at the fucking mining 2.0 distribution. It's fucking over.

>>51485485
Who cares, fuck them and fuck their surveillance coin.

>>51485544
Shit is driving me insane tho. All these ESGniggers and Klaus Schwabites coming out of the woodwork to "congratulate" this shitcoin on neutering itself. It's like congratulating a gender transition or celebrating a member of a rival house vowing themself to chastity or becoming a eunuch. Literal USD backers that fly their private jets to Davos and make deals for oil supply from the saudi crown prince talking about the environment nigga please. To me the OFAC debacle ended ETH. All these cucked American adventure crapitalists revealing they will do anything to appease governments so they can get a return on their NFT scam. You pretty much have to be extremely anti-american to support actual crypto these days, very sad for a once free country.

>>51485601
Eth needs to die anyway. The fact that it's now not consuming power and you can buy gpu is a good thing.
I don't know why anyone would ever buy or use eth in current year.
Just let them suck each other off.

>>51485601
White collar dudes are getting fucked with that Larry Fink ESG shit. Just look at his oil and gas investments, it's all a big joke.

https://www.youtube.com/watch?v=yK0P1Bk8Cx4

>>51485544
What's picrel? It's giving me heavy deja vu.

>>51485688
I think the mining ban in China last year is what scared the shit out of ESG people. BTC hash rate dropped like what, 80% and recovered no problem with perfect consensus. That's just how PoW works. Looking at the ETH 2.0 staking all it takes is a couple letters from a US agency and all the centralized LLC legal address email stakers are frozen and the people running the staking pools go to jail like the tornado.cash dev. And the chain is cucked to prevent pool switching quickly. It's guaranteed to fail. XMR mining on TOR and there's fucking ZERO they can do. Nothing. They have no contacts. No proof.

>>51485714

>>51484880
Yes. The logic behind diceware is that because there's more words than characters, the entropy increases much faster the more words you add. Even if the attacker knows the dictionary you used(diceware uses a list that is 7776 words long), once you hit 6 words it's basically impossible to crack, even assuming 10 billion guesses per second, since they would need to try 7776^6 combinations to MAYBE guess what it is.

>>51485285
Veracrypt is easy and the best, but KeePass held locally is good enough. Both of them fundamentally rely on a strong passphrase (that's the only thing you can rely on, anything that gives you a PIN or something is relying on some hardware trick that is ultimately solvable my many potential adversaries), and both of them have solid encryption.

However, KeePass supports AES and Twofish, and Veracrypt has many more. If an encryption thing doesn't support Serpent, I look at it funny. Especially if it's something that moves small amount of data, like passwords. There's no excuse not to have Serpent.

>>51485485
Nobody still in Ethereum post merge cares about p2p money. They just want a faster substrate layer for their surveillance-ledger smart contracts and canine tolkiens.

>>51478021
Your hashrate is lower because KAWPOW is an ASIC resistant algo akin to RandomX. Your payout is lower because there's less demand for RVN than ETH as a substrate layer for surveillance-ledger smart contracts.

>>51485752
>I think the mining ban in China last year is what scared the shit out of ESG people.
If by ESG you mean Extremely Spooky Glowniggers, yes. The other ESG is just cover for things the glowies like: more surveillance, less freedom (of movement, of nuclear energy, etc.), and being able to punish people who reject The Current Thing without the hassle of legal channels.
>BTC hash rate dropped like what, 80% and recovered no problem with perfect consensus. That's just how PoW works.
In that sense it was one of the first real tests of blockchain resiliency.

Hmmm why arent my posts appearing in xmr threads, is this jannie glow op. Fourth day, fourth post that doesnt appear.

>>51488138
Oh how typical.
Anyways, ive ceased all development on eth and im coming over to xmr to help contribute.

>>51488162
How can i help with development?

>>51488162
>Anyways, ive ceased all development on eth and im coming over to xmr to help contribute.

ETH <-> XMR swaps are getting ready to launch, might be some work for ya there.

does anyone have that picture of monerochan with the vector? I prefer that monerochan

>>51488170
package monero for your linux distro

>>51488170
The two paths I see is either Seraphis, or wallet development. The core devs are laser locked on Seraphis, as it is a large rewrite and code cleanup. Feather Wallet is bringing some great ideas on the wallet side of things. Excellent coin control :)
https://ccs.getmonero.org/proposals/tobtoht-feather-dev-2022-1.html
picrel is the feature I want to see.

>>51488803
The GUI wallet is on Flathub so it already works on every x86 binary distro.

>>51488972
So what? There is a bloated shitheap static binary hosted somewhere so our job is done? People choose linux distros because they have trust their distributor, not these Flathub people.
In any case, you must still package xmrig, p2pool, monerod, feather wallet, write init scripts, modify them use system libraries, etc.

>>51488162
Thanks for joining the good fight

>>51488162
We appreciate it, currently most research and development seems to have focused on Seraphis, so feel free to join the Monero IRC/matrix channels.

>>51488318
This is cumtier, ill take a look into it, i genuinely think this is imperative because then XMR becomes a financial black hole sucking eths value + we moon.

Im catching up on all the xmr research, fuck me you niggers are nerds hahahah. Kinda feel like ive found a home

>>51488803
>>51488170
Thanks bros. I think maintain a package would be an easy start.
>>51488972
Yes but the average user would prefer a native package through their preferred package manager. Flathub is the lazy approach.

>>51484261
keep promoting the use of insecure operating systems you fucking brainlet.

>>51484880
It is INSANELY better

>>51458464
>noooo you can't just use monero in a way that isn't congruent with my perceived utopic vision!!!

is there an xmr payment processing API service? how do i confirm deposit?

>>51491250
You can go ahead and do whatever the fuck you want with it. Just don't come crying after.

>>51492758
How often do peoples private wallets get hacked? Web3 fags need nit apply because they are always clicking links and falling for phishing for the latest NFT

Any other code anons here? I come to you with a problem. I learned Python at a young age, but I developed schizophrenia and now trying to learn anything new causes near psychotic episodes. Any suggestions for compiled languages I could try? I've attempted C, C++, and Rust with no luck.

>>51494072

Depends on what kind, paper wallets generated on an air-gapped offline device typically never get hacked.

>>51494072
>FreeWallet

>>51484880
>is it really safer having a password generated from a known dictionary? I mean my current ṕassword looks something like this '78&%thfG!I2' .
this image says it all >>51485321, it is cool to have a password like this for a social media account or whatever, but Monero is intended to be stored for the long-term, do you really think you would open your cold wallet in 10 years and still remember this '78&%thfG!I2' shit perfectly? If you forget at least 1 character, their positions, if it's caps lock or not, you are fucked and can't access your funds forever

>>51452469
Is there any replacement for a wallet to store shitcoins locally besides exodus? Not for monero obviously.

>>51495261
Yeah but then you can't use your funds. Good for a vault, bad for actually you know, using it as money or anything else really. Maybe passing qr codes around or something to sign transactions?

why are txs so low now?

>>51495927
Might be some sp00kening going on from recent turbulence or from the Huobi delisting, should go back up in time.

Would XCOM use XMR?
If so we need some posters.

>>51496502
Surprisingly, I have never played XCOM. I have it in my library though, so I'll have to give it a try.

What will happen to Monero if the US government bans POW mining?

https://thecoinsphere.com/legal/overview-of-recent-us-policy-on-crypto/

>>51496714
we have no registered mining companies the feds could come knocking to so nothing.

in reality, same thing would happened to bitcoin as with its china ban and nothing happening to Monero

>>51496736
But isn't it really easy to tell who is mining or not because of heat and electricity usage? I know several illegal cannabis farms have been caught that way.

Monero mining visualized.

https://www.youtube.com/watch?v=ncuKWH9sqAw

>>51496774
do you have multiple PCs mining monero?
because most people don't since its by design not really economically feasible.

the heat and electricity usage of a PC mining has the exact same efficiency as an electric heater.

again, massive asic farms can get busted but there just simply aren't any in monero.

>>51496814
You don't think that CPU farms exist?
Why wouldn't they?
I refuse to believe Monero is as decentralized as you are implying it is, as based as that would be..

>>51496836
you show me a parts list and a place in the US that would make any sense at all to mine in on larger scale without a ROI of 3-4 years.

even with free power it takes forever to break even. the max ive ever seen was a guy with 4-8 barebone motherboards mining in his garage.

>>51496881
Any place with free electricity would work, namely dorms, barracks, libraries, restaurants, etc. Any place where you can set up a raspberry PI or something.

But now I'm destroying my own point because that is decentralization in itself. Monero chads WAGMI.

>>51452432

Why don't you have fixedfloat and sideshift as non-kyc on your list? No KYC required and No registration required either.

>>51496932
yeah, you can maybe get 2-3 miners at max in a dorm without being noticed but you would still have to pay for the hardware. you are certainly not setting up a large scale mining operation in a library

>>51497034
>you can maybe get 2-3 miners at max in a dorm without being noticed
Do they actually check for this?
>you are certainly not setting up a large scale mining operation in a library
Just infect all of the computers with a mining virus lol

>>51463127
Wownero is a weird idea. There's not humor or cuteness inherent in the marketing. The appeal isn't a meme, it's the fact that IT IS a memecoin. If memecoins are a bet that stupid people will find it funny and want to buy, wownero is a bet that other people will make the bet that other people will bet that the whole space of buyers will wink and nudge each other that "this is a memecoin and memecoins go up" before all rugpulling each other. Maybe that's how all of crypto works though, I don't know I'm a newfag.

>>51497165
That's ignoring wownerochan who does make you want to buy by being a cutefunny boob-haver, but she's a fan project not the real marketing that people will see.

>>51452432

Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/395846689

>>51497059
Your neighbors would probably rat you out because nobody likes sleeping next to a bunch of excess heat and fan noise.

Is there a collection of all monero chans?

>>51498581
yes

How do you pedos cope knowing a superior privacy solution is already here?

>>51498294
standard consumer grade cpu and case fans are quiet enough in a home/apartment setting. that's good enough for anything up to threadrippers. Heat is also manageable (underclock with PBO2) and it's a bonus in winter months anyway.

>>51498294

Water cooling?

>>51468347
>Use their mm.js thing to auto pick the best shitcoin


Anon, I'm dumb as rocks. Is there a tutorial or anything that can help walk through the steps for this?

>>51462440
i run mine on a omv box because i stopped consooooming media as much so my array of hdds is basically empty anyway.

>>51452622
>>51452722
>>51455677
>>51457200
>>51459688
>>51459999
>>51460788
>>51462144
>>51462488
>>51462544
>>51465333
>>51465488
>>51467599
>>51471588
>>51474255
>>51484488
>>51485099
>>51485155
>>51485544
>>51485688
checked

>>51499179
>ZOGcash
Zcash passes conditions of the howey test. As such, it's not even "born again". As far as an "immaculate conception" coin such as XMR or BTC, that ship sailed long ago.

>>51499179
>zcash with all its government funding and jew shills can't even pass 60 usd
It's embarrassing. Pump and dump is It's only purpose and it sucks even at that.

Can one give a quick rundown on the dos and donts on monero privacy

>>51501267
do: use monero
don't: not use monero

>>51500784

Zcash has more legitimacy in the eyes of regulators and therefore more staying power.

You wannabe revolutionaries can larp all you want but non-compliance = no moon mission.

Cope away.

>>51500404
also checked and kekd

>>51501324
Not a moon mission sorry. We are up to a bigger end game.

>>51501324
>legitimacy in the eyes of regulators
We know how you are. How about that Huobi news? Monerochads just shrug that shit right off. Ain't the first, won't be the last.

>>51497195
based wownerochan enjoyer

>>51500986

Patience is a virtue: the tech is solid, the team is impeccable, holding Zcash is a no-brainer.

>>51501382
>the tech is solid
>transitioning into PoS
>restrictive licensing
>devs migrating to other projects
>codebase literally a fork of Bitcoin with extra stuff added on that a handful of people understand
Keep dreaming

>>51501355

Yeah, its called 'larping' and its pure cringe.

>>51501369

Temporary setback, true adoption follows proper regulatory clarity.

>>51501498
>>51501437
>>51501382
>>51501324
say nigger to prove youre not a paid corporate shill
otherwise start your own general, ztranny faggot

>>51501566

That's retarded and proves nothing.

This is what actual adoption looks like, folks.

>>51501324
>Zcash has more legitimacy in the eyes of regulators

How on-brand lmao

>>51502566
May he rest in peace. Truly a legend.

>>51452568
Based

>>51452432
Where can I find how to mine this stuff with easy to understand instructions?
t.brainlet

>>51501382
>the team is impeccable

Indeed

>>51501498

How about you trannies quit stealing our memes?

>>51502898
you can do it straight through the official gui wallet
getmonero.org/downloads

>>51502898
forgot to post this link too
>web.getmonero.org/get-started/mining/
also p2pool is the best mining pool, a bit harder to setup but heres a guide
>www.reddit.com/r/Monero/comments/sse4b1/stop_minexmr_p2pool_guide_how_to_mine_xmr_using/

>>51502553

Compliance is how you get institional adoption, numbskull.

>reinstalled os
>forgot to backup and transfer blockchain
>now i have to wait hours to build a node again
well i learned my lesson i guess

>>51502984

Widely considered the best team in crypto.

>>51503068
>>51503107
Ok - but my CPU is 32bit, so that's a problem right?

>>51502898
read the OP

>>51503263
You can buy a 64 bit PC for a day's wages at McDonald's if you look on eBay.

>>51503212
>Compliance is how you get institional buyers to sell at the first sign of a price drop, numbskull.

>>51503250
>Widely considered the best team in crypto.

Yes, deanonymize your entire team, what could possibly go wrong?

>>51503517

There's no need to hide when your coin is demonstrably free of criminal activity.

>>51503736
This post glows.

NEW THREAD: >>51503783
>NEW THREAD: >>51503783
NEW THREAD: >>51503783
>NEW THREAD: >>51503783
NEW THREAD: >>51503783
>NEW THREAD: >>51503783

>>51499179
Railgun is ahead of all retard. the team recently launched on mobile for on the go onchain privacy, I have been using it and it so seamless.

>>51463976
You are missing the point anon, the essence of privacy is to shield your wallet transactions from public view, and in the situation where the need arises, there is an option to generate your wallet transaction