/biz/ - Business & Finance

PREVIOUS THREAD: >>52169433

I <3 Monero-chan

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

*****/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

Never forget what this is ultimately all about.

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

>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 #
>Retro Market #
Onion links: https://pst.klgrth.io/paste/fs7ax


Anonymously exchange BTC for XMR using a reputable darknet service

>Kilos
>Majestic Bank
>Elude
>Infinity Project
https://pst.klgrth.io/paste/8cunb


or a reputable clearnet service

https://trocador.app/en/
https://xmrswap.me/
https://unstoppableswap.net/


>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

*****/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 Poker Club is the designated host while XMR Poker 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!!

>>52237826

lol that's rich, shit all over Bitcoin while having an infinite supply that inflates away value over time.

Something something glass houses.

>>52237932
>infinite supply that inflates away value over time.

something something coins lost over time.

Guess it got missed at the end of the last thread, so here it is again:
https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary
Monero is pretty cool.

>>52237932
There will be less Monero than Bitcoin until 2040 you retard.

>>52237932
>can't math
the absolute state of the average btc user

>>52238003

Yeah, and then inflation NGU forever. Not very enticing for the upcoming generations.

>>52238028

Infinite supply isn't a difficult concept to grasp. Keep coping.

>>52238065
>Infinite supply isn't a difficult concept to grasp. Keep coping.
Your are either a troll or legit retarded

>>52238136
>>52238028
It's kind of nice that something like this can work as a filter to keep out absolute retards.

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

>>52238040
The real NGU will be your transaction fees. Kek.

>>52238065

Slow day at the lollipop factory?

>>52237932
sure bitcoin might work as a value storage. meanwhile monero will be used in real life markets everyday because of its properties.
now gtfo retard, no one is trying to convince you.

>check price
>up nearly 5% on the day
get ready for a crash back down to $145

>>52239083
Whole market is poompa.

My theory is that BTC will be the fiat sponge for years to come but over time you should be swapping btc into xmr as large btc holders will quietly exit to xmr over many years. Web3 is less predictable then dotcom bubble and should probably be avoided altogether unless you have knowledge of the tech space beyond /biz/. "Store of value" is hard to wrap around crypto. As such you want to position yourself into something that can be transacted easier and well privately so xmr. If you ask me "store of value" are objects of hard use. Its not really gold or btc to me its something like a hammer. Something that requires expensive tooling and complex supply chains to create that can be applied to something helpful. My schizo theory is that big tech falling will happen in our lifetime and the dominoes are meta -> streaming services -> amazon -> microsoft -> apple. As the "darlings" of the stock market falls common goods become scarcer and black markets slowly grow centered around domestic supply chains. My bottom line "investing" theory is that you are better buying into energy intensively made end goods while allocating side funds into xmr and using supply chain gaps and xmr knowledge for financial success in the future everything else is just noise.

>>52238028
Seriously. Every interaction I have ever had with bitcoiners makes me realize that they are literally the retards of crypto. Almost as bad as the people buying random dog shitcoins. But hey, at least the retards buying those don't pretend that their coin is "superior" as a currency while simultaneously nonfunctional as such.

Imagine thinking you will secure a network as expensive as bitcoin on fees alone. Literally impossible. Basic supply and demand should tell you that people are not going to be willing to subsidize enough hashrate because it is VERY expensive and currently subsidized by emission. Doesn't help that ASICs force miners in competition with each other to use more energy than if they were forced to compete with CPUs.

And then remember the fact that every one of them failed through basic education so the word "asymptote" means NOTHING to them because they don't understand what it means. Try telling them that the inflation is asymptotically approaching zero and they get confused. "Muh infinite inflation" despite the fact that people will start to lose coins at the inflation rate when there is more coins to lose.

But hey, nothing encourages economic stimulation like deflation! Right? Nothing like a currency that encourages everyone not to spend! Nothing like a currency that allows anyone to see your financial history! Bitcoin truly is genius! Superior tech!

>>52238634
bitcoin isn't a value storage. the value of currencies is what you can transact with them. remove the mass investor hysteria and bitcoin longterm goes to zero.

Though honestly I could see it going much higher from here before it goes away for good, bringing its shitty design with it. Speculation will be the largest use case (and thus largest thing affecting price) for years to come unfortunately.

>>52237721
>Do it for her.

Can someone ease my worries on scalability?

To do even just 100 tps, which is still almost nothing in the grand scheme of things, that'd work out to adding several terabytes per year to the size of the blockchain. Storage costs by themselves wouldn't be super crazy (still kind of a lot though), but I'm more concerned about bandwidth. The raw IDB time would be insane, plus a lot of ISPs have data caps which would make it take possibly several months, even if you have the raw speeds to do it in "just" a few days or a week. Upload speeds matter too, IIRC nodes use a lot more upload bandwidth than download.

Not to mention verification times, which would realistically set the barrier much lower than that.

>"technological advancement will solve the problem"

Computational, storage, and bandwidth technology isn't improving as quickly as they used to. Still improving, sure, but it has slowed significantly and we are approaching the phyiscal limits of what is possible in some areas. I don't doubt that we can still improve the technology by several times over from where we are now, but you can only cram so many bits onto a platter, so many transistors into a chip, so many electrons through a wire, etc. Even if perpetual exponential technological improvement was realistic, it still might not be enough to handle growing adoption, let alone Visa-levels™.

I fear that Monero may only be able to survive by increasing fees and potentially even relying on layers. And no I'm not a BTC troll, I don't like shitty layered solutions, but I feel they may be necessary. At least the non-private p2p cash systems like Bcash have the advantage of having efficient transactions. By comparison Monero's transactions are many times larger and several times more expensive to verify. And no I'm not a anti-privacy troll either, I realize that privacy is a must-have, but it certainly comes at a large cost. My fear is that private p2p cash systems in general simply might not be scalable.

>>52241599
There is no way to have a decentralized consensus system at our current technological level that reaches Visa, for reasons you pointed out. Monero cannot do that barring significantly more increases in bandwidth, SSD write speed, storage costs going down, etc. which is the same general problem for BCH or anything else. As far as I can tell the most reasonable approach (outside those technological increases) is just having bridges between different chains so that that cryptocurrency functionality is itself distributed into smaller, more manageable chunks.

Just as an example of a potential distribution, BTC for institutional largescale movements of funds, Monero for important digital cash transactions, Wownero/Doge for micro payments, Tari for NFTs, and Ethereum for advanced smart contracts. Maximum hashpower, usage, etc. for a single chain to do everything is going to result in premature bottlenecking. That isn't a sexy answer though because most people have a dog in the race and want their one coin to be everything simultaneously. With the "crypto archipelago" model you still don't solve all scalability issues but you do make it a lot more manageable I think.

>>52241599
Its over bro. Sell your stack before bandwidth costs are too high...

>>52237721
What the fuck is going on with those AKs? Are those some weird ass .22lr clone made by an airsoft company or something? I don't even think it's airsoft because airsoft is usually a lot more faithful than those things.

Just bought unknown amount of XMR today and withdraw everything from the exchange.

>>52242023
Found it, I was right. They are a weird ass .22lr
https://www.gunsinternational.com/guns-for-sale-online/rifles/ak-47-rifles/mitchell-arms-model-ak-22-rifle-ak47-clone-22-long-rifle.cfm?gun_id=100697285

Why did three dudes buy the same plinker toy lol.

>>52241599
>Can someone ease my worries on scalability?
for now, the focus is on seraphis/jamtis. xmr newfags already have enough trouble with wallet sync and finding their coin due to sync issues.
SJ will clean up alot of that mess, thus creating the scalability issue you fear that the core devs will address with zkstarks or something.
The fee structure at present is mainly protection against a spam attack, though it can be tweaked somewhat to to retard usage.

>>52241599

https://insidetowers.com/breakthrough-in-digital-signal-processing-expands-bandwidth/

https://cosmosmagazine.com/technology/materials/long-term-data-storage-in-glass/?amp=1

>>52242077
They're larping the cheap way.
>Monero Chan is the only using an AR+acog+suppressor
She's a fed.

>>52237721
mfw i see a new monero thread

>>52238190
based

>>52237721
How is flashing your panties privacy?

>>52244969
spotted the troon

>>52245056
wouldn't monerochan want to protect bitcoin-chans privacy?

>>52245411
Why?

>>52244969
Because we have the private key

Can someone explain to me what's going on here?

My previous distribution fucked itself and I had to re-install a new one. I think I was logged into my Monero wallet at the time I force shut down my PC.

I backed up my keys, installed a new Linux distribution, re-imported the keys, but when I put them in the Monero GUI, I get pic related. Why is this happening?

>>52241599
>Can someone ease my worries on scalability?

As you know scalability is a challenge and an area of research for all cryptocurrencies.

However, unlike other cryptocurrencies monero doesn't have any foreseeable protocol limitations thanks to its dynamic blocksize. This prevents a fee market from emerging, so the tail emission is strictly required to ensure security of the chain. Finally with the CPU-only mining algorithm total hashpower can scale scale smoothly until the electricity cost matches the coin value. This is possible only because the required mining hardware exists in millions of homes and sits idle most of the time anyway.

Therefore I have a high confidence that economics of the protocol are sound, especially if compared to other cryptocurrencies.

>To do even just 100 tps,...

What you are referring to is purely technological scalability. As you pointed out, the main limiting factors are CPU, bandwidth and storage. Let's estimate the capabilities of todays technology:

CPU: According to https://monero.stackexchange.com/questions/405/how-many-transactions-per-second-can-the-monero-network-handle, a i7 2600k was able to process 1600tps. Since then the algorithm has changed, but roughly the added features and performance improvements kept in balance. Looking at a few other popular mid-range processors, 3000-8000tps should be possible. (source: https://www.cpubenchmark.net/compare/868vs3494vs3859vs3337vs4603/Intel-i7-2600K-vs-AMD-Ryzen-5-3600X-vs-AMD-Ryzen-5-5600X-vs-Intel-i5-9600K-vs-Intel-i5-12600K).).
You may object that your current setup does not hit these numbers when syncing the blockchain, in which case it is most likely due to a slow storage medium for the blockchain. It requires very fast random IO read access to verify old inputs, and only modern NVME SSDs can keep up with that.

1/2

>>52241599
>>52246651
Bandwidth: A single transaction is about 3kB in size. There will be significant overhead to propagate new transactions, with the typical 16in/16out it's maybe 50kB per TX effectively. A cheap, residential 50Mbit internet connection typically has 5MB/s down and 1MB/s up. This is enough for 20tps; or 50tps if the number of outbound connections is reduced to 6. If you'd have the luxury of a symmetric 1Gbit uplink, it could carry about 100MB/s or 2000tps.

Storage: To me, this is the most concerning, because todays transaction data will have to be stored in perpetuity. To evaluate this better, you have to look at the growth rates of transaction volume vs GB/$ cost of storage. Historically the storage per dollar has increased exponentially, and although I agree that it has to slow down eventually, YOY improvements will be a percentage, NOT a linear increase. Contrast this to daily transactions of existing users. Yes, they will add more data, but they will not make more transactions each and every year. Thus the total stored data will increase linearly as a baseline. This means only with an influx of transactions from new users the blockchain can outgrown the storage requirements long term. The remaining question is, what growth limit will be hit first, storage or adoption?

Finally we have to take a look at current transaction volume and past growth: https://bitinfocharts.com/comparison/transactions-btc-eth-ltc-bch-xmr-bsv.html#log&alltime
Currently we have 0.2-0.5 tps on average. A 10x growth roughly took 4-5 years. Extrapolating out from here we'll reach 5tps peak in 2027 and 50tps in 2032, both are achievable even with todays consumer grade technology. Technological improvements are of course helpful, but not strictly required.

Of course, my estimates can be wrong. But even if they are, there are still sufficient safe growth margins for the foreseeable future.

2/2

>>52246056
I got this exact same error when I tried out feather wallet to peep it. but then when I went back to the GUI I got your picrel. i wasnt sure how to get around it except to just keep using feather wallet.

>>52246651
>>52246661
Awesome writeup anon.
To add to this: Monero can quite easily handle Bitcoin's current daily transactions, which is in my mind the base line for the largest amount of cryptocurrenfy adoption (ignoring smart contract stuff).
Another thing to point out is pruning exists and I don't see why further improvements on that aren't out of the question. Currently you can decrease the block chain size to 1/3.
Lastly, further mitigations in verification speed and transaction size are expected.

>>52246056
>>52247056
reboot system or close potential duplicate wallets through taskmanager. they sometimes stay open in the background.

>>52247072
>Lastly, further mitigations in verification speed and transaction size are expected.
Few months back, I was reading the git meetings and one of ideas was to use GPU for verification, when CPU just won't be able to keep up.
If I remember correctly the idea was rejected due to not every machine with CPU has to have a GPU, but if there really going to be these sort of issues, who knows.
Nobody knows what will happen in 10 years.

>>52241893

This has been my idea for a while now. Not just for scalability, but to abide by the KISS principle + Unix philosophy. A patchwork of well-connected individual chains is preferable over a monolithic chain that does everything. But regarding scalability, this still wouldn't be enough. As I said even 100 tps would be a massive struggle for Monero (with current tech), which is still much too low.

>>52243296

Believe it when I see it. There's all kinds of wacky things being done in labs, and they make good headlines, despite not being really applicable to reality until the tech has improved by many orders of magnitude (if at all). DNA storage comes to mind. For example even if that "library in a glass chip" thing you linked was to become an actual product that people could buy at a reasonable price, the read/write times are so hideously slow that it's only useful for mass archiving.

>>52246651
>>52246661

Yes, I don't doubt that the protocol would be able to scale. If anything I would argue that it scales too well for its own good. It might allow too much growth, too quickly, that it criples and crushes the physical network which runs on it.

TPS cannot be extrapolated from raw "how many txns can this CPU validate?" or "how many txns can this bandwidth carry?". Actual TPS must be much lower than that, since you have to account for syncing. A new node whose raw bandwidth can handle 1000tps will never catch up to a network running at 1000tps, because it has to download and validate past blocks. By the time it catches up to where the chain WAS, the network will have already moved on. So it becomes a game of cat and mouse. Even if the network was only doing say 975tps, it would still take theoretical years or decades to catch up. It has to be far lower than that. And you have to account for ISP-imposed data caps. IDB is the main issue.

Storage tech already seems to be decelerating. We still potentially have a good amount of headroom for CPUs and bandwidth, but they too will not last forever.

>>52247213
>Even if the network was only doing say 975tps
Those are crazy numbers.
If monero ever gets this popular, there will L2 solutions. I really doubt this will be an issue.
If your chain is doing this amount of transactions then it surely is interesting enough for new researchers trying push their L2 or other solution and get some of that dough

>>52247213
>Storage tech already seems to be decelerating.
We will have affordable 100tb ssds within the next decade.
>>52247185
Interesting. Maybe have a gpu verification as an alternative for a faster sync?

>>52247072
Good points. Currently pruning uses a random approach, and afaik there is research on more efficient, non-random distribution. This allows further reduction in size. Personally I consider pruning a band aid, as is increases bandwidth requirements and system latency (your node has to ask multiple other nodes to get a particular block)

>>52247213
>It might allow too much growth
Although we have dynamic block, the maximum growth rate is limited, although I don't recall exact numbers on that. I've done napkin math on that previously, and the limit seemed reasonable. Now with the 5x fee increase spamming is further disincentivized.

>TPS cannot be extrapolated...
I prefer using rough estimated numbers for an argument, rather then a gut feeling. I think the numbers are valuable to find bottlenecks quickly and to understand the order of magnitude we are talking about.

>Actual TPS must be much lower than that, since you have to account for syncing.
Well yes, avarage network TPS must be lower than peak node TPS, so that out of sync nodes can catch up. In my calculation residential bandwidth was the bottleneck. However only fully synced nodes participate in sending blocks to other nodes. Because the downlink is much faster, your node will be able to catch up much more quickly. Amending previous estimates, this limits a 50Mbit connection to about 25tps, all other things equal.

>Storage tech already seems to be decelerating.
I agree on deceleration on absolute capacity per chip, but not in GB/$ terms. For better or worse data is the driving factor in modern economy, and ever increasing demand will put strong market pressure on production and R&D.

>>52247185
>>52247286
What is the state on CPU multi-core processing? How many cores can currently be utilized, and for what tasks? I consider it likely, that we'll see CPUs with many efficiency cores at a comparatively low clock rate in the future.

>>52241893
>With the "crypto archipelago" model you still don't solve all scalability issues but you do make it a lot more manageable I think.
This is not a workable for consumers because each one of these currencies trade with free floating exchange rates.
Nobody wants to get BTFO by FX effects.
Theoretically you can hedge with derivatives, etc, but people are generally too stupid for this & the transaction volume from people adjusting their micro-derivative positions as their exposure changes creates more network congestion.

>>52242023
>>52242077
they're a bunch of Loyalist retards from Northern Ireland is why, most incompetent terrorists going.

>>52245411
No. Bitcoin-chan made her decisions, Monero-chan accepts it and moves on. You don't give a lecture to every crackhead you see for the same reasons

So somebody apparently wanted to buy 16k xmr on TO

>>52248652
just doing my weekly buy... nothing to see here

>>52249753
Bro you gotta spread it to 1k at a time.

>>52249853
Nah fuck that, full send

>>52237721
Monerochads cant lose.

Still an inflationary shitcoin.

You'll all learn eventually that Bitcoin is the only thing worth a damn in this entire space.

>>52250138
naked blockchains are attention seeking behavior

The tail emission % declining while transaction increasing %, will the tail emission soon to slowly fail to subsidized transactions fees compare to this time?

>>52250138
There will be less Monero than Bitcoin is until 2040
>Shitcoin
Lol and this shitcoin displaced Bitcoin on the dark net. Must suck losing to a shitcoin.

>>52246651
>>52246661
>>52247072
>>52247185
>>52247202
>>52247213
>>52247280
>>52247286
>>52247699
>>52247896
Thanks for the good reads, big brain anons. Nice to see high quality posts. Comfy thread.

Can codeanons tell me if IOHK's research is useful for XMR. ADA and XMR are both UTXO, right?

>>52237932
over how much amount of time, can you tell us? 2040? 2100? 2200? When will monero inflate ALL its value away. After all we do not have a supply cap.

Why don't we have better privacy coins yet? Vitalik do something

>>52247164
What potential duplicates? That was a brand new fresh install of PopOS and a brand new fresh install of Monero GUI wallet. There is absolutely no other computer logged into the wallet and restarting doesn't work.

>>52251257
try to delete the .lock file you have with your keys, not sure if this will work though

>>52251336
I don't have any .lock file.
I have a file without an extension that's the name of my wallet, and a .keys file that's also the name of my wallet.

Is there anyway I can use Feather without downloading the entire monero blockchain? I just want to move my remaining funs out as soon as possible.

>>52251484
Use a remote node. You can do it in Monero wallet GUI as well. It's advised to do it over Tor if you're serious about privacy, but not necessary unless you think you might be targeted by the feds for whatever reason

>>52251084
>Privacy coin
Kys. Monero is a cryptocurrency. It just is a better managed one by having privacy features.

>>52251831
Except I can't, see: >>52246056

I need to do it with another wallet, but don't know how.
Starting to think monero is a shitcoin with how poorly coded the official software is.

>>52251484
>>52251861
monero.fail has a bunch of remote nodes

>>52251422
so there is no /run/user/1000/something.keys.lock too?

OK I got Monero GUI working by getting it from the whonix repository, loaded my wallet keys, but now when I try to send any, it gets stuck on "creating transaction". And even though I chose simple mode its still downloading the entire blockchain.

Fuck me this software is shit.

>>52252686
I apologize for not doing more to assist you earlier, I've been drinking and playing Space Engineers (great game, like Minecraft for turbo autists).

Have you let your wallet sync? You don't have to download the blockchain to send transactions, but you do have to scan it. Scanning can take awhile due to the blockchain being encrypted

>>52252686
Simple mode downloads the chain. You want advanced so you can choose a remote node

>>52252686
It's good at filtering out retards who can't solve simple issues and instead say "this software is shit"

>>52252686
>>52252834
I understand it's a little late for the issue you outlined in >>52246056 but you may be interested in this answer on SE;
https://monero.stackexchange.com/questions/12677/keys-file-is-opened-by-another-wallet-program

>>52252902
> blame the users

Every timeless successful software project does this.

Honestly the monero community is toxic I hope you guys rot

>>52254265
I believe if you don't wish to download the whole blockchain you can use a remote node when using Advanced Mode in the official GUI. Hang in there

>>52254265
It actually is user error causing the problem, the software works fine. Granted GUI is a clusterfuck, I think the simple/advanced mode is retarded and there should just be one mode.

>toxic
you are on 4chan.

go to settings>node and click "add remote node"

then go and pick literally any node from https://monero.fail/?nettype=mainnet

You might have to use advanced mode I don't remember and quite frankly you SHOULD stumble around in the dark and try to solve this problem on your own a little.

>>52254265

You know what to do.

Imagine buying this instead of Zcash lol

>>52255629
Was convinced you guys finally kicked the bucket. Are you back to share with us some of your INCREDIBLY FUNNY (Zooko approved) ZCash memes?

>>52255629
>>52255719
One of my favorites. kek.

>>52255629
>>52255719
Here is more gold. Tranny animals. kek.

>>52255797
>>52255785
God these are so fucking funny.

Today I bought evadetaxes.com and evade-taxes.com

Redirect to GetMonero.org should already be functional.

>>52256323
Heck yeah anon, money well spent.

>>52256323

Based and evasionpilled.

>>52256323
Based.

Hello beautiful people

If anyone needs more evidence that maxipads are utterly retarded.

https://www.reddit.com/r/Bitcoin/comments/ymr91w/how_to_build_an_web_store_with_untraceable/

>>52256323
LUL

Noob here.
What is the easiest way to convert all my illicit money into XMR without anyone noticing?

>>52256909
depending on what shape your money is in you can buy monero via cash on localmonero from some private seller

>>52256323
That's fucking hilarious

Anons, would anybody happen to know where I could buy a sex doll with XMR? Maybe a PO Box as well

>>52257213
https://cryptwerk.com/companies/adult/xmr/

PO box I have no idea but I wouldn't expect troubles unless you try getting something illegal and obvious delivered to it.

>>52256323
Simply based anon.

>>52256323
Based. Suck it IRS.

>>52237721
stupid question, but how is XMR not inflationary rn? not talking tech background shit, but if my dollarydoos lose value everyday, but 150 dollarydoos buys me 1 XMR like a year ago, wouldn't that mean that XMR inflated 1:1 compared to USD? Not in terms of money supply, but in a XMR loses value as USD does? a truly deflationary or even a "stable" asset would have to increase in value compared to an inflationary asset.

>>52257957
when you buy monero you're donating real money to botnets who are dumping the price of monero

you should be willing to donate money to keep the monero network running for the greater good

>>52257957
Price volatility =/= inflationary

There is ~1% inflation to the supply of total monero per year, THAT is the inflation rate for Monero. How the value of that total supply relates to the dollar is a completely seperate thing.

If you were just counting the numbers and not considering what is driving their changes then yes it's lost value, but not inflated. The entire world has lost value in the same time span, though.

>>52255719

Maybe you'd prefer a reminder that Zcash will survive over multiple generations while this shitcoin will be dead in just one.

>>52259937
Because of the central corporation in charge of it, and their alliance with governments who will ruthlessly stamp out privacy coins but leave Zcash alone (as it is not nor has ever been private)?

>>52259937

Where all da white Z-folks at?

>>52239456
monero isn't a value storage, and it's a medium of exchange for the most extreme schizos only

I love Monero. But I know it will never pump as hard as Bitcoin since the state can't control it.
That is why it is the place I dump my gains. So thank-you monerobro

>>52260276
>monero isn't a value storage, and it's a medium of exchange for the most extreme schizos only

That's weird, I've been using Monero as a Swiss Bank Account for years.

>>52260314
>I love Monero. But I know it will never pump as hard as Bitcoin since the state can't control it.

If Bitcoin is controlled by the state then what's even the point of using it?

>>52258192
day to day volatility doesnt matter much, but if XMR is to stand up against CBDC's or weimar levels of inflation, wouldn't a price action in the opposite direction be whats desirable? How could someone who's struggling under either inflation or CBDC expiry deadlines utilize XMR when it's price is developing in parallel with USD. obviously internal XMR - XMR TX would be easiest, but IRL you would need to convert lets say 50% of your paycheck into xmr every month to escape those things and do XMR economy things. so unless XMR decreases in value significantly less than UN approved credit chits it would still be a bad idea to use XMR for that purpose.

>>52259966

What's the matter, afraid of a lil color in your family tree?

>>52260276

True. But Zcash is.

>>52259966
>white.
>zcash.
No, they are honorary niggers.

>>52259937
>>52259954
>>52260449
Stop trying to make Zcash happen. It is never going to happen.

>>52259937
See, this is why racemixing is bad.

>>52260637
It exists for our entertainment and as a nigger filter.

>>52256533
that webm is way too gay to even save on your computer

>>52256533
Poor guy, he is getting f*ucked in the prison.
It would be sooo difficult to be pregant and deliver a baby in a prison..

>>52261769
Indeed. F for all the prison daddies

>>52241599
The scalability issue is overblown. Yes, if you expect crypto to be used for every single day to day transaction then we need more scalability, but as a replacement for bank accounts, SWIFT, and large purchases, but with Monero at 1,000 or so TPS if sufficient I think. If the scalability dilemma gets solved then yeah, every single daily purchase could be done on decentralized chain, but as-is that probably gets solved by crypto cards or something centralized.

How will the news about FTX affect Monero, if at all?

>>52259937
Aren't you guys dealing with a massive spam attack rn?

>>52256323
KEK

>>52263123
Not even massive. Its one person kek

>>52256909
step 1: ask how to do so on a website that complies with law enforcement.

>>52260276
Everyone who doesn't want mass surveillance is a schizophrenic and possibly a criminal! please government watch over me while I sleep!

>>52260461
Saying "my thing is good" means nothing. Also it looks like you didn't even center the fucking logo within the lightbulb. Can't you guys do anything properly?

>>52255785
>>52255797
We want more of these. They also make no sense but at least they are funny.

Prepare to scoop up some cheapies if FTX actually does go under. They'll pull Bitcoin and the rest of the market down with them.

>>52263123
>>52264720
its still ongoing?? can't the CEO do something about it already?! whats the point of a dev tax and having Electric Coin Co.????

>>52251084
Monero obviously is the best privacy coin, but there are better privacy platforms.

>>52266764
>Monero obviously is the best privacy coin, but there are better privacy platforms.
Monero is not a privacy platform, it's a goddamn cryptocurrency, stop implying it is so you can shill your web3 bullshit.
btw, what is a "privacy platform" anyways? is it some sort of (((cloud computing))) where everything that is stored on there can only be accessed if you have the right private key?
well guess what genius, there is a far more private option of storing data, and it doesn't require an internet connection at all, it's called "local storage".

>>52266736
Zimbabweh coin is worthless anyways

>>52266084
You obviously have no clue what privacy is, what do you have to say about protocols that enable view keys to generate transaction details when the need arises wrt regulations

>>52266846
>Monero is not a privacy platform
That is why it is limited in its functionalities. You must hold XMR to enjoy privacy. That is an old tech, Ranjesh.

>>52267164
Shoo, shoo, sir. I already know what your next post is going to be and nobody here's buying.

>>52266262
explain like I'm a retard

>>52267854
This is most likely what is going on >>52263268

>>52267909
Interesting. The game is just beyond my comprehension here. I am sick and tired of this information asymmetry between me and ((them)).

>>52250221
That's some stupid shit. It literally shows that Bitcoin will win in the long run.

Could any smart anons here tell me exactly how dandelion++ works? From what I've seen of it, it looks very similar to onion routing. This has left me wondering if we could ever see a Tor-like internet overlay network that utilizes dandelion++.

>>52268238
on major difference is that dandelion++ is unidirectional and for sending only. doubt that you could build an entire internet like network on this

I really REALLY like this coin.

>>52268428
XMR and BTC are the only coins worth anything

>>52268435
>BTC
BTC is the ponzi coin. It offers no utility other than number going up with the suckers buying above my price entry point.

will i make, put everything in i have in xmr, i know it's not much so please dont make fun of me, half of is from wage cuck saving from the past 3 years. I try to buy $10-$20 xmr every week

>>52268539
Very good anon. I am envious.

>>52268484
Yes. It offers very little of the "necessities" for an actual currency. Entirely propped up by speculation and speculation alone.

If physical cash is more private then your currency has a problem.

>>52268539
No disclosing, ever!

>>52268604
it took me nearly 3 years man you shouldnt be envious lol i hope it pays off. you are probably richer than me like everyone else here. Im a wagecuck who has only made 6k in trading over 2 years xD
>>52268664
i believe i have way less than most of you

>>52268710
>it took me nearly 3 years man
I started stacking this year. This gives me a goal to strive for. Thanks anon.

You should keep yours safe. You will need your stack in the coming years when we have dystopian CBDCs being shoved down our throats. Your stack will pay off, don't worry.

>>52268428
Same. some confy. not even fan of privacy, this is just great digital cash.

>>52268738
god willing. good luck to you anon. I hope you are able to stack over 1500 xmr. Make sure to buy at least a little bit every week

>>52268776
Thanks anon. Wagmi.

>>52268143
>It literally shows that Bitcoin will win in the long run.

>Bitcoin consistently losing markets it has historically dominated.
>Will win in the long run.

>>52268710
Disclosing only attracts moonbois and doesn't help the cause. Its not about the amount, but principle.

>>52268484
>waaaaa waaa btc is- YACK

Shut up. I pay my phone, cable and my tattoo artist lets me pay; all in btc.

>>52269082
Kek. Cool, your tattoo "artist" can peek into your wallet and see how much you got.

>>52269104
Who cares? What can he do with that information? you seem to be shifting the goal posted based on how asshurt your feelings are.

the only viable holds right now
anything else is either going to zero or getting rugged eventually

>>52237760
I swear to god it's been like over 10 years now(from Bitcoin days) and people still have to tell people to use P2Pool.
baka my head

>>52269150
>Who cares? What can he do with that information?
t. retard

>>52269221
They should really just make it mandatory to mine in P2Pool. If they forced it, 51% attacks would become literally impossible.

>>52269308
I also would pretty much prefer having p2pool having the number 1 hashrate on XMR; however, this choice shouldn't be mandated centrally.

We need to build easy to use tools for mining on p2pool, and easy to understand educational material on why p2pool is important and how it can really strengthen the resilience of XMR network.

Justin Berman - Seraphis/Jamtis: Feature overview of the proposed upgrade to Monero & Closing

https://inv.riverside.rocks/watch?v=EhqHyaqC8-c

>>52269324
If it's not mandatory, then there's always a chance that even if 99% of people today used P2P, some governments or something could deploy a bunch of miners and take over 50% of the hashrate within a day.

Integrating P2Pool's blockchain with the main monero one makes sense to me. P2Pool solves one of the biggest problems with PoW mining, so it makes sense to fully integrate it into the project.

>>52269467
Can you mine on p2pool with a corrupted blockchain? if so, what would happen if enough users on p2pool use the same corrupted blockchain? i don't think there is a recipe to make 51% attack impossible.
Also centralizing the mining in one place wouldn't go against the decentralization thing?

>>52269994
Based
>>52268900
Learn your history retard. Operation Barbarossa was a failure.

>>52269150
Who cares I have no privacy? Only criminals want privacy

>>52270245
holy goy

>>52269994
brb, applying for a position at the irs

>>52270245
>Who cares I have no privacy? Only criminals want privacy

>>52270029
>Learn your history retard. Operation Barbarossa was a failure.
Anon this is a depiction of Operation Boobarossa. The naming similarity is entirely coincidental.

>>52270653
It's a bad meme because it literally goes with the maxipad narrative of Bitcoin will win in the long run.

>>52270837
I think you may be overanalyzing the joke.

>>52270881
I think he analyzed it well enough.

>implies that we are picking a fight where we get rekt so hard we are permanently on the backfoot until we lose, dissolve and turn into a footnote joke fringe group.

>>52270915
This time it's different.

>>52237721
based

when’re we getting rich lads

>>52271929
Shoo shoo moonboy

>U.S. Attorney Damian Williams said: “James Zhong committed wire fraud over a decade ago when he stole approximately 50,000 Bitcoin from Silk Road. For almost ten years, the whereabouts of this massive chunk of missing Bitcoin had ballooned into an over $3.3 billion mystery.
>Thanks to state-of-the-art cryptocurrency tracing and good old-fashioned police work, law enforcement located and recovered this impressive cache of crime proceeds.
>This case shows that we won’t stop following the money, no matter how expertly hidden, even to a circuit board in the bottom of a popcorn tin.”

>almost 2023
>darknet market still accept bitcoin
Why ?

>>52271992
The "when’re we getting rich lads" guy is no moonboy, newfag.

>>52272012
>Why ?
Honeypot.
Or just flat out stupid and you should bot do business with those people.

>>52237721

Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/403295786

https://i.4cdn.org/wsg/1667839007244579.webm

Can’t wait to buy in at 50$.

>>52273144
Checked.
We won't be seeing those price levels.

>>52273242
>He genuinely believes this
I’m so sorry

>>52273282
Fuck off, or make your case for the dip to 50 bucks.

>>52273144
sorry, my buy wall is at 120

>>52273144
you literally pulled that number out of your ass, you just said a number to yourself and went "yeah ok that sounds fine" without considering any of the variables that go into the pricing.

>>52273405
$120 is a little below my own current production costs on fairly efficient machines running on fairly affordable energy. I'd say even with a turbo shittening dump, sub-$120 would not last very long and would be the fire sale of the year if it happened.

>>52269150
>Who cares? What can he do with that information? you seem to be shifting the goal posted based on how asshurt your feelings are.
AHAHAHHAHAHHAHAHAHAH
Id say post your wife's pussy here, who cares, but than I imagined he smell

>>52269082
>I pay my phone, cable and my tattoo artist lets me pay; all in btc.
Why when its faster to do with credit card -cash and there are no transaction fees or tax implications.
Because reasons, mkay

>>52266764
>Monero obviously is the best privacy coin
It's obvious

>>52266764
>there are better privacy platforms.
sylo is my second pick, it could be a fair rival desu, I use it's end-to-end encrypted messaging app when I want to be sure no one is seeing what I'm doing.>>

Can you guys educate me on this?

I've seen multiple people spam that after the new update your view keys get exposed to third parties on their own. Is this true? That goes against everything XMR stands for.

I know that it's probably hyperbole, but how much of it is true and what are the exact mechanics involved?

>>52273716
>I've seen multiple people spam that after the new update your view keys get exposed to third parties on their own.
That's bullshit.

For the proposed new update to the Monero network, Seraphis, see this >>52269429 video presentation by jberman that took place on MoneroKon22.

>>52268238
My understanding is basically
>broadcast transaction
>first node sees it and forwards to another server
>second node sees it and decides whether to announce or forward it again
>this goes on until a node decides to announce the transaction publicly
>from there, the transaction is processed normally
The goal is to hide which node originated the transaction by only sending to 1 other node at a time for a little while. This means instead of some bad actor being able to pinpoint the first person to announce a transaction and knowing who you are, there's a guarantee that the transaction went through at least 1 random node before becoming public, so the chances of someone picking up on the real origin of a transaction falls to near 0.

>tl;dr
It's a randomized proxy that hides the origin of each transaction so nobody can snoop on the network and pin a specific transaction (or group of transactions) to a specific node.

>>52273716

lolwut

https://odysee.com/@lbry:3f/secvslbrysummaryjudgementruling:a

LBRY BTFO for being a security. -33% today.

This sets precedent ETH, XRP, etc, etc all being securities too.

It's about damn time we become a top 5 crypto again.

>>52268238
Basically >>52274086 the transaction is initially shared between a secret cabal of nodes, until one of them blows the whistle and it becomes public. The ++ is because the original Dandelion proposal was broken, so it was improved until it was perfect, with different timings, sending mechanisms, and graph construction.
Also keep in mind, that both Dandelion and Dandelion++ were for Bitcoin originally, and they were just dismissed over "DOS concerns", even after it has been revised...

>>52275502
sold all my xmr for btc. It is over, all $3 mined

In order to get the benefits of waster sync times, it is required to create a new (post upgrade) wallet. which is also a good idea due to restore height.

So how do I make a new wallet using ledger, I don't get it at all? Even the concept. There seam to be several accounts under setting. But how would that work, since one ledger has a singular seed. What would happen to the first or second account if a seed converter was used. Also what would be the easiest way transfer funds from the first one to second?
thanks

>>52241599
This really won't be problem for quite some time. Looking at this in the grand scheme, from the information theory perspective, it has to come to network accepting to discard old data. I see no way around this in the long term. Figuring out how to do this is pretty hard but should not be impossible (I hope so at least).

>>52276880
nah you don't have to make a new wallet to get faster sync, just send your entire balance to yourself and that becomes your new restore height.

>>52277284
it's no technological problem really. More a social one. When we reset genesis, we decide to forget some potential XMR outputs and have a fresher start. It will happen for all chains

>>52276880
>In order to get the benefits of waster sync times, it is required to create a new (post upgrade) wallet. which is also a good idea due to restore height.
wat? Just churn the coin to the present, post fork.

>>52225683
Thank you.

>>52269303
Retard that is what monero is for but if you think meroa is going to get wide spread adoptions like BTC you are delusional

>>52273611
Holy fuck everyone is stupid but me. If I am using Bitcoin I know how shitty the privacy is so I just won't do dumb shit while I am using Bitcoin to which is much more normies friendly than XMR.

>>52278172
profiling is a thing and it doesn't matter if you do dumb shit or not. every bit you leak will get used against you.

For example, you regularly buy a 6.5$ item at starbucks? Yeah that sounds unhealthy, we should up this guys insurance.

Every friday you make a payment at this place and then 20 minutes later at this other place that should be at least 25 minutes away? I think we got a little speed demon on our hands, better watch him the next time so we can fill our ticketing quotas.

The list of possibilities is basically endless but in the end only you suffer and we will say SHUM.

>>52256533
is this why neonazis are all a bunch of faggots? becasue their low inhibition leads to criminal time?
is that what happened to that hacked faggot W-something? lmao REPENT FAGGOTS
Christ forgives

>>52256533
*hacker

>>52270959
>This time it's different.
agreed. if anything burgerland is being set as the new nazis due to central banks having their war. Hint: it's the wef yurop old money that has the ukie conflict leading to a world war.
https://www.youtube.com/watch?v=hra7CX_5AkA

hi can someone post that info pic with the privacy oriented software/websites you should use over the mainstream ones?

>>52270346
And the variants
https://files.catbox.moe/cdd73m.png
https://files.catbox.moe/n185xc.png

>>52277232
Just imagine the tightness.

I want to rape IRSchan.

what do you guys do with your monero exactly? Hoard it? buy things? I'm still getting a hang of it but the links listed above doesn't seem to interest me too much.

>>52281977
Nice try, fed.

>>52280049
I can't but I can provide with my own personal list of privacy respecting software/websites.

Moneys:
>Monero
Was there ever a doubt?

Password Managers:
>KeePassXC
It works pretty well for me so far, I would advise however to use the diceware method for creating passwords, as it is easier to remember.

Browsers:
>Tor Browser
Set your security level to safest, and you'll be fine as long as you don't click on anything stupid

VPNs:
>Mullvad
>IVPN
Both accept Monero, and both don't require any identification other than the account to use.

Operating Systems:
>Tails
>Whonix
Whonix for VMs, Tails for flashdrives.

phone:
>phone:
I'm just fucking with you, don't use phones, they are all either compromised, or easily compromised.

Media Players:
>VLC
>MPV
If you think VLC is bloated, then MPV is your choice, it's a very lightweight video player

Anonymous Network Protocals:
>TOR
>I2P
TOR can see clearnet traffic, and your IP address isn't visible to other nodes if you are using it without running your own TOR node.
I2P however, cannot see clearnet traffic through it's network, because of the intentional lack of exit nodes, and to use the I2P network, you must run your own node, thus exposing your IP to everyone else on the network, and you can see the IP addresses of everyone else, but you can't see what they are doing, and they can't see what you are doing.
I2P is faster for hidden services, but TOR let's you view the clearnet anonymously.

Social Media Front-ends:
>Invidious
>Piped
>Teddit
>Nitter
>ProxiTok
>Barinsta

Search Engines:
>SearX
>SearXNG
>LibreX
>Startpage
>Phobos(TOR SEARCH ENGINE)
>Ahmia(TOR SEARCH ENGINE)

Cheapie-nero

>>52239212
>Web3 is less predictable then dotcom bubble
Web1, ipv4 and server farms
Web2, ipv4 and server farms
Web3, ipv4 and server farms
Web4, ipv6 (to accomodate sheer amount of smart-toasters) and the AWS toaster cloud. 5% of white good processing power is reserved for zero trust 'hackers' to fight over deploying their xmr malware.

>>52282262
>and your IP address isn't visible to other nodes if you are using it without running your own TOR node.
your IP address is visible to the entry node you connect to*, my mistake.

>>52281977

Cocaine. It didn't get nicknamed Blownero for nothing.

>>52281977
Hoard it, and get to 69 XMR goal. But also pay for VPN, VPS and domain names with it.

>>52283941
1488 XMR Is a better goal. Imagine fighting the urge to disclose for the lols.

>>52277232
Why do women get tattoos? So ugly...

>>52282962
But that entry node doesnt know you are the origin right?

>>52280066
>https://files.catbox.moe/cdd73m.png
>https://files.catbox.moe/n185xc.png

>>52269221
with GUPAX hopefully we can onboard some new miners.

>>52273646
imagine using a crypto messaging app. I know you're a shill but fuck there is no way anyone is falling for this.

>>52278172
You fail the first question, so all you say is null and fag talk.
What is the purpose of crypto?
to have money which is taxation and inflation proof.
Since bitcoin is neither of this. Why would anyone use or hold it. Its just retarded. Im sorry you had to find out this way.
At BEST your some kind of weird cult, at worst a total nigger. Just use cash, save money on a hardwere wallet.

>>52285126
The point of crypto is to create a currency. It's in the name.

>>52282262
You should add OVPN to the list. They also accept XMR and proved in court that they don't keep logs.

>>52284180
With Tor, the entry node knows who you are but not what you're doing. With I2P, everybody is a node so nobody can ever really know who's who.

>>52285295
I2P based.

i just saw something called unstoppableswap
dot net shilled in another thread, caught my interest

anyone ever use it? thoughts? a decentralized way to buy monero with atomic swaps simple and easy. seems a valid proposition

>>52237792
>Anonymously exchange BTC for XMR using a reputable darknet service
>>Kilos
>>Majestic Bank
>>Elude
>>Infinity Project
>https://pst.klgrth.io/paste/8cunb
>or a reputable clearnet service
>https://trocador.app/en/
>https://xmrswap.me/
>https://unstoppableswap.net/

sounds good. which of these options are the most trustless?
i haven't used a centralized exchange in 5 years i almost did a few months ago then i got nervous and bailed out i just can't do it. i can't trust anyone else to hold my keys even for a moment i have severe trust issues

>>52237721
This is the only decent crypto thread on Biz. Makes me bullish.

>>52285457
Ever try localMonero or Bisq?

>>52282262
>Operating Systems:
>Tails
>Whonix
can you torrent with Whonix without worrying about glowniggers sending you letters? or you need a vpn anyway

>>52285485
good thinking, bisq looks confusing but i've heard good things about it if you can get over the learning curve.

>>52285584
>can you torrent with Whonix without worrying about glowniggers sending you letters?
For a real solution about torrenting while evading glowniggers spotting you, is using Torrenting on I2P network.

Check it out. It is amazing:
https://xd-torrent.github.io/

Once you have I2P router running, you can get I2P torrent trackers here:

http://6a4kxkg5wp33p25qqhgwl6sj4yh4xuf5b3p3qldwgclebchm3eea.b32.i2p/index.php?view=Main&reset=1&start=0&limit=20

>>52285644
thanks anon, ill study your solution

>>52282262
>>52285644
While we're on the topic, what's the best way to go about creating an eepsite? With Tor, I normally use Whonix. Are there any good options like that? I have a shit ton of movies that I'd like to open as a free streaming service

Monero cucks on suicide watch.

>>52287232
thanks for the bump, anon

>>52287263

Thanks for clearing the path for Zcash, we'll take over from here.

>>52287232
Kek

>>52287382
In a few days you'll have beaten our blockchain size, congratulations!

>>52285208
>The point of crypto is to create a currency. It's in the name.
A currency is functional in all aspects. If the bar was "kept balances" my dick would be a currency as I could tattoo "me - 1 bazillion" onto it.
No. A currency must also be a medium of exchange, and exchange requires all units to be equal, if they aren't, you only have individual pieces like with fine art. A currency by definition must be fungible. It also must be scarce, portable, and divisible, but Bitcoin so far has fulfilled these. But interesting enough, it might not in the future. Like with portability, that can easily be lost due to KYC censoring, and OFAC compliant mining, I'll leave it at that. And scarcity with Bitcoin can be lost as well with stuff like CoinPool, or any Layer 2 for that matter, as stronger nodes can often make rules inside the system disregarding the base layer.

>>52287590
>, but Bitcoin so far has fulfilled these.
Bitcoin failed fungibility.

>>52287573
we blew right past you months ago

>>52287728
You also have a higher "first block" l, "github release" and "github last commit" number, I'm so proud of you! Competition is good for the crypto space

Have any of you bought from monero.com? Does it work well/fast?

>>52287639
Obviously, I was referring to scarcity, portability, and divisibility, which for the most part, Bitcoin fulfilled for the majority of the people. Keywords most and majority. As the lack of fungibility stems from a lack of privacy and anonymity, which opens up the gate to censorship, base layer or outer circles. And that cases where people unable to move their Bitcoin coins did happen. But still not an inherent denial of transfer, so far.

>>52287573

Yeah, its called 'adoption'

>>52288035
>Yeah, its called 'adoption'

Are you retarded or something?

>>52288398

Keep coping.

Discreet, Z-Cash, Litecoin, and some others have created a "voluntary privacy" thing, which is a model that simply cannot be very interesting, even if the rest of their anonymous transactions works as advertised.
I simply don't believe that a clear network with a few obviously shadowy transactions will have anywhere close to the anonymity of a project that hides all transactions. Apparently all the regulators and governments agree, as these coins are allowed on exchanges that ban cryptocurrencies that actually deliver anonymity.

>>52288747
Zero chain analysis tools have ever done anything against Monero.
Meanwhile, Zcash is compliant...

>>52288800

Monero's forced privacy makes it toxic to exchanges, which in turns dooms it to a slow death.

And don't come at me with "muh DEX", we all know normies will never make the leap over.

>>52288876

How about you read that tweet in the proper context? He was talking about criminals cashing out to exchanges.

>>52288920
>Monero's forced privacy makes it toxic to exchanges, which in turns dooms it to a slow death.

With that attitude, you should be a bitcoin maxi, because you are claiming that
1) exchanges will not deal in a real privacy coin
2) therefore real privacy coins will die
3) therefore use this fake privacy coin because big daddy government will kill all the real privacy

Fuck that pussy ass attitude.

Hey so, remember that guy whose Zcash transaction got deanonymized on twitter? It gets linked in Monero threads, sans context, to imply that Zcash is broken. Which, it is a little bit maybe- he shielded his coins and then sent them too soon after shielding them, allowing his transaction to be deanonymized.

https://www.reddit.com/r/CryptoCurrency/comments/hubbvg/did_we_just_see_zcash_get_cracked_twitter_user/

Zcash does have other issues though, there needs to be enough shielded transactions for you to get lost inside, apparently. You think using a dex is too hard? Well, apparently the Zcash users who are early adopters, good at this, are still failing to actually get any privacy because you have to know a lot about the state of the current blockchain to have any chance at privacy.

Why go for something that isn't really secure, when we have something that is? Would you risk your freedom?

Stop giving the kike (You)s

>>52289006
That context makes it WORSE. "Well it'll be private as long as no governments care about investigating it." If a criminal can't cash out to an exchange, then we know for sure it's not private.

Hello, zJbSfelU, welcome back to XMR General, I really missed you guys (sorry if I missgendered you). Do you have more of whatever the fuck this >>52255785
>>52255797 is? It is really good, I need more. Please.

>>52287977

>>52289092
Lol this. It's a meta troll.

>>52289079

FUD harder. There's a reason Snowden recommends ZEC over XMR - it really is the superior privacy solution. ZKP is the gold standard, not obsolete ring signatures.

>>52288876
>>52289079
>>52289112
>>52288800
Cringe.

>>52289092
>Stop giving the kike (You)s

Seethe harder.

Monero privacy protection:
>You want to know about Ring signatures? Oh haha, it's a well defined protocol. Yeah it's basically like a bunch of people sign the document, one of which is the sender. Their signatures together form proof that the sender signed it, but nobody knows who exactly it is. Here's the formula bro. You're welcome
>14 page white paper
Ztranny privacy protection:
>Yeah we use this thing called zero knowledge proofs. Yeeeeah it basically means nobody knows who sent the money that's why it's called zero knowledge (there's zero knowledge and that's where Zcash gets it's name, because it's private :)) Oh how does it work? Well basically uuhh, IT JUST DOES OK???
>Here's a 200 page white paper uuh no I don't know why there's a background chapter about hash functions but it's probably important or something
Can somebody point me to LITERALLY ANY document explaining how Ztranny nigger privacy protection actually works. I'm convinced I'm being trolled at this point. Writing a paper on the topic and I'm thinking this is an actual scam coin

>>52289112
>That context makes it WORSE. "Well it'll be private as long as no governments care about investigating it." If a criminal can't cash out to an exchange, then we know for sure it's not private.

No, he meant that tracing criminals is up to exchanges, not Zcash. There are NO backdoors, despite what you faggots like to believe.

>>52289192
>Hello, zJbSfelU, welcome back to XMR General, I really missed you guys (sorry if I missgendered you). Do you have more of whatever the fuck this >>52255785
>>>52255797 is? It is really good, I need more. Please.

Sounds like you need to go get your irony detector recalibrated lol

Based ztrannies BTFOing newfag cucks.

Instead of chainalysis, there should be chinalysis to make sure that no chinless reptilian freaks use monero
https://www.youtube.com/watch?v=lUKV4_sPq0w

>>52290371

You wouldn't understand what you were reading anyway. But you can rely on the professional opinion of some of the most respected cryptography experts in the world, they will pretty much all tell you that Zcash's tech superior.

Based MrgfOBaC laying that fem pipe. How can newfags compete? Based.

>FUD harder. There's a reason Snowden recommends ZEC over XMR - it really is the superior privacy solution.

Nigga, ain't nobody actually using that shit. Meanwhile, we're over here schmoozing with the likes of ISIS, Italian cocaine importers and based ransomware pirates.

>ZKP is the gold standard, not obsolete ring signatures.

Yawn. Monero already uses ZKP and will be ditching ring sigs for zk-STARKs once they've been sufficiently optimized.

>>52290574
>you wouldn't understand it anyway
>trust the hecking experts
>no, nobody else can explain it either
>just trust us bro

>>52290393
>No, he meant that tracing criminals is up to exchanges, not Zcash. There are NO backdoors, despite what you faggots like to believe.

Get fucked, the literal other co-founder of Zcash talked about the possibility of adding a backdoor.

>>52290718
Who else fucked muslim chicks by being antisemitic (but without trying, just being yourself)?

>>52290301
He didn't recommend either, except to call them "both great projects". He considers Monero's security a "shell game that doesn't last forever", and likes Zcash's shielding method, but believes it should be on by default.

You make it sound like he's a Zcash shill, or has said anything bad about Monero.

>>52290335
No arguments eh?

>>52290353
You know Chainalysis can't trace Monero at all right? You Z-shills DO know that, right?

>>52290393
Oh, he probably means that he expects exchanges to eventually shut down your Zcash deposit if at any point your wallet has ever had more unshielded transactions exit it than unshielded transactions have entered it. Meaning that Zcash isn't fungible, AND HE THINKS THAT'S A SELLING POINT.

>>52290718
>we're over here schmoozing with the likes of ISIS, Italian cocaine importers and based ransomware pirates.

wow, that certainly bodes well for the future. Enjoy getting your network raped by the NSA.

>ditching ring sigs for zk-STARKs once they've been sufficiently optimized.

lol I'll believe it when I see it.

>>52290737

Not everything is a conspiracy to sap your precious bodily fluids, retard. Do you have a degree in cryptographic mathematics? No? Then STFU and defer to the experts.

>>52290817
>co-founder of Zcash talked about the possibility of adding a backdoor.

It was strictly a hypothetical scenario, he has reiterated this multiple times.

>>52290990
>No arguments eh?
>"eh"

Who the fuck says "eh" unironically. What the actual fuck? Go back to fucking plebddit, you fucking "muh debate me, bro" faggot dumbcunt peace of shit.

"eh"

Really, nigger, "eh". Kys.

>It was strictly a hypothetical scenario, he has reiterated this multiple times.

>>52291301

Yeah, because adding an obvious backdoor to open source is a genius foolproof move.

>>52291214
Non faggots say "eh" unironically all the time.
Also, you still haven't got an argument.

NEW THREAD: >>52291428
>NEW THREAD: >>52291428
NEW THREAD: >>52291428
>NEW THREAD: >>52291428
NEW THREAD: >>52291428
>NEW THREAD: >>52291428

>>52291411
>Non faggots say "eh" unironically all the time.

Not here.

>Also, you still haven't got an argument.

What position am I supposed to deffend with my argument, m8?