/biz/ - Business & Finance

PREVIOUS THREAD: >>53277880

DIST is better privacys token that XMR shit scam

stop sending paid FUDDERS into DIST fourm because you scared

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. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

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 (now available in 140+ countries!)
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://pastebin.com/raw/Ttnew9Yb


Anonymously exchange BTC for XMR using a reputable darknet service

>Kilos
>Majestic Bank
>Elude
>Infinity Project
https://pastebin.com/raw/wVZ4mdDe


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://monerofund.org/

>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

>>53341487

Title: Policies for regulating Anonymity Enhanced Cryptocurrencies

I am a smol centralbankfag who is part of a team constructing policies for regulating Anonymity Enhanced Cryptocurrencies (AEC).

In this interaction I will give a short outline of the nature of policies that are being designed and then open the thread for your questions.

The threats that AECs pose can be separated into two types:
1. Threats to Legacy systems
2. Threats due to P2P Adoption.
The points outline below tries to synergistically deal with the above two threats.

Keep in mind, the aim of these policies is not to prevent usage but to prevent systemic adoption of AECs - there is a large difference between the two as you know.

The points posted below are mostly self-explanatory. If clarifications are needed, ask them below.

1/4

>>53341581

Following are the twelve strategies to prevent Systemic adoption:

1. Self-regulation
2. "Or Else!" laws
3. Carbon footprint regulations
4. Fatwa against institutions holding AECs
5. "See something, say something" AKA snitch on thy neighbor laws
6. Lifestyle surveillance
7. Use the taxman as a rabid dog
8. Out of the goyim's reach
9. Incentivize voluntary release of privacy
10. Selectively spendable CBDCs
11. Constructing a free market for privacy
12. Key-disclosure laws REDUX

2/4

>>53341592

In addition to the above legal strategies, there are some technological frameworks being constructed.

1. Next gen CPUs (Think of IMEs on steroids) that prevents AEC mining
2. Utilizing historic data of users who interacted with AECs in CEXs, then letting dogs bite them
3. Decreasing the availability of paper cash and demonetization
4. Sirrr! do not redeeeem!!!
5. If you cant beat 'em, join 'em.

3/4

>>53341607

Remember, the main agenda of this year's G20 is designing of cryptocurrency policies.
The motto of G20 summit is 'World is one family'. Now you don't keep secrets from your family members, do you?
Let go of your privacy serfs!

The thread is now open for your questions.

PS: The three previous attempts to hold an interaction elsewhere on /biz/ and /pol/ were unsuccessful. So I go here for the last time.

4/4

please just sell a little bit more so my buy order goes through

>>53341683
sold
I'll buy back at 80

>>53341683
>>53341817
bought

>>53341613
i'm honestly not surprised that this is happening. bankers are finally starting to understand the technology. that said i find it difficult to believe that it's possible to eliminate systematic usage of something like monero - it's merely money for when things go really bad so it should motivate big boys to keep things nice and good.

Reporting in
####################################
IRC - https://pastebin.com/kP1gZ1Hk
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

>>53342429
based

Anything that isn't PoW is a scam.
Anything that isn't ASIC resistant is a scam.

>>53342373

> Bankers are finally starting to understand the technology.
All crypto"currency" projects I know were funded by the usual suspects.

From my previous thread:
"Both BTC and XMR are creations of western intelligentsia.
Fun fact: Genesis block of BTC was mined of January 3rd. Genesis 1:3 of KJV bible says ‘And God said, Let there be light: and there was light.’.
Genesis block of XMR was mined on April 18th. Number 418 denotes Abrahadabra in Kabbalah."
Take from them what you want.
I see that people usually make the false assumption that banking system is lagging behind in their understanding of new tech.

> that said i find it difficult to believe that it's possible to eliminate systematic usage of something like monero
The same used to be said about systematic usage of something like gold. Then came new technologies called printing press and paper money.. look where we are now. Anyway, the policies that are being built will prevent AEC usage from getting too large.

> it's merely money for when things go really bad so it should motivate big boys to keep things nice and good.
Big boys have more incentives to keep AECs running than laymen. So AECs 'will' stay alive and thrive, but for who is the question.

>>53343180
interesting perspective but why would bankers use a public (although obfuscated) blockchain to send remittance payments? why can't they use their own private chains? it makes more sense to do that and besides - you cannot control the supply of monero at will.

suchwow.xyz is dead forever

I bought more.

>>53343295

>interesting perspective but why would bankers use a public (although obfuscated) blockchain to send remittance payments?
Banks do not really "use" it. They don't have to. They just funded the research and construction just like what they are doing right now.
In early days cryptocurrency research with following purposes.
1. Invent necessary tools for a CBDC
2. Get serfs used to the idea of digital financial transactions
3. Slush funds for blended organizations.

Ironically, AECs will be used to accelerate the adoption of digital currencies. The aim here is to hit the "sweet spot” between serfs getting used to the idea of digital financial transactions and serfs using AECs to short circuit the control grid.
Policies are one of the many "dials" that helps us to get to this "sweet spot".

>>53343443
that makes sense although i see normalfriends using things like cashapp or revolut to avoid taxes instead of crypto. also, there are some smart contract platforms which are not exactly fiat or trying to replace fiat so i don't see it as much of a threat to anything. well, i guess most that us mere mortals can do is keep our eyes open.

>>53343495

>...also, there are some smart contract platforms which are not exactly fiat or trying to replace fiat...
Smart contracts, in their current state, are a meme. Though this might change when it is time.

>Well, i guess most that us mere mortals can do is keep our eyes open.
Keep eyes open or see things with one eye closed, that is up to us.

>>53341414
shipping worldwide & you can only pay in XMR. Anyone who can't do that, doesn't deserve her :3

>>53344053
it freaking spun the image again

>>53343337
more of what?

>>53344449
Monerochans

Reminder: Tail emissions means we are all going to make it, together.
It will never be too late for the buttcorm maxis to mine some XMR.
It will never be too late for the poZcashers to give up their special monetary operation.
It will never be too late for the jeets to make a living from ransomware instead of crypto scams.
No one is left behind, nobody misses the train irrevocably.

>>53344053

>shipping worldwide

You know, Russia? I don't think it's possible.

What the fuck is happening to the ratio.....

>>53344985
It was overextended against Bitcoin. I mean, consistent gains for a year straight in a bear market, it's bound to happen. Good for me, as I'm still buying.

>>53344985
coin doesn't go up forever. The price is still very much bullish. Expect consolidation maybe as low as 0.006 until the next breakout to 0.01 and above.

>>53344831
https://www.zoll.de/DE/Fachthemen/Aussenwirtschaft-Bargeldverkehr/Embargomassnahmen/Laenderembargos/Russland/russland_node.html

If I understand this right, I don't think there would actually be a problem. German Post does however recommend to put the receivers phone-number on the customs declaration.

psst... psst...
when're we getting rich lads?

>>53346042
two weeks

https://www.youtube.com/watch?v=vFg5Bs4VRn4

>>53341581
>>53341592
>>53341607
>>53341613
thanks for the info anon, dunno if larping or not but its interesting anyway.

>Next gen CPUs (Think of IMEs on steroids) that prevents AEC mining
how the fuck this is technically possible?

>>53349183
>how the fuck this is technically possible?
He's talking out of his ass.

>>53343443
i don't think this crypto was created to be a test field before CBDC, they are the complete opposite.
blockchain concept is around the blockchain.
CBDC is a centralized database in a bank.

>Get serfs used to the idea of digital financial transactions
we are already used to the idea of digital financial transactions. no need for cryptos.

>>53349380
sorry, meant this

>blockchain concept is around the blockchain.
cryptocurrency concept is around the blockchain.

STOP TELLING PEOPLE THAT DISCREET IS A SCAM

WE ARE NOT A SCAM

We are legitimately project for privacys

>>53349558
>DISCREET
DISCAM COIN
Seriously, master toilet training. Imagine the refreshing stream that only a bidet can provide.

If any of you cunts want copy/translation services or design (logo) services, just respond to this post. I’ve come full circular from leaving here, going on discord/telegram/reddit and other crypto outlets and have failed to find anyone interested. I’ve come back to see if ANYONE is interested. Thanks

>>53349558
>Try to buy into the ICO just for shits and giggles
>see big warning label
>SIR PEOPLE FROM THE AMERICA CANNOT REDEEM
>PLEASE USE VPN TO REDEEM TOKEN SIR

kek

>>53349183
LHR on nvidia cards worked somehow (for some time), but with RandomX implementing this would be orders of magnitude more difficult. The more realistic way would be end user devices becoming more and more gimped and every normie service migrating to (((cloud platforms))). Big boy tech will still be available but insanely expensive, affordable only to corpos.

Retard here. If I throw my laptop out the window and it is destroyed, what do I need besides my ledger device to recover a wallet on Monero GUI

>>53350346

Seed.

>>53350367
Isn’t that what I have the ledger for? It’s the ledger seed right? In the scenario I also have the device still

POOMPA
*BANG BANG*
POOMPA
*BANG BANG*
POOMPA
*BANG BANG*

>>53350498
Recovery phrase is what matters. If you have significant amonts of XMR, better etch it on a steel plate so it's basically nuke-proof.

>>53350562

何?

Didn't even notice, nopunches left to roll with
You got to keep me focused; you want it? Say so

DIST > XMR

far superior tech built on BSC netowrk

>>53350990
Hi. Stop shitting up our threads, thanks in advance.

>>53346042
beat it
>>53350575
I tattooed my seed phrase on my butt

>>53350575
I have my phrase but I would never type it into the computer it’s on my ledger so I just need the device?

>>53351234
Your phrase is *the* private key that gives you control over the account. As long as your ledger is alive, keep using that, but if it ever gets destroyed you can get access your money by plugging your recovery phrase into a regular Monero client. And since trusting electronics with keeping your shit is never a good idea, better keep a _physical_ backup of that phrase somewhere secure.

>>53351273
Does monero gui give you a seed phrase or does it use the ledger one? I’m high and just confused about xmr. I know and use other coins all the time and feel confident I can restore them in the event of a computer loss.

>>53351518
Monero gives you the 25-word seed phrase. That is the only one that matters.

Another piece of my ANSI plotting library is pretty much done.

>>53351273
>a _physical_ backup of that phrase somewhere secure.

Is there a particular type/grade of sheet metal i can buy at home depot to etch a seed phrase on to? I can't see buying something like pic related

>>53352102
I just use old baking sheets, cut them up, it's free

>>53352111
That's brilliant. Also checked

Is MoneroOcean down for anyone else? Website doesn't seem to be working properly and my XMRig has a DNS issue with the URL and port

>>53352256
Wait nevermind, it was my VPNs fault

Is binance and CZ controlled opposition of the CCP?
Schizos please give information

test

Info on CCP, OTC crypto, and sha zhu pan please if anyone has
No 杀猪盘

>>53352569
Monero is untraceable money, can be used to store your wealth away from hostile entities and communists. Price goes up and down a lot, but is old coin and trusted on TOR hidden internet markets for drugs.

Much safer than Bitcoin for a Chinese person, as Bitcoin can be traced by the government. Monero only serious cryptocurrency for privacy, everything else is a scam.

Be safe, mostly scams on this website.

>>53352670
Thanks I like monero, never bought because it isn’t on any major exchanges. Reminds me of Silk Road days
How do you anons put your crypto on a cold storage wallet or flash drive etc?
You trust that and have your keys?

>>53352776
I personally use the official GUI wallet.

>>53351518
>Does monero gui give you a seed phrase or does it use the ledger one? I’m high and just con
The Ledger one.
HW wallets use bip39, they will then "special sauce" to get create the xmr25 phrase. So, your ledger seed phrase is specific to ledger. trezor goes about it a different way. there are python scripts that can take your phrase and reveal your xmr25 if absoltely needed.
>but I would never type it into the computer
if absolutely needed you would
https://github.com/LedgerHQ/app-monero/blob/master/tools/python/README.md

>>53351606
Oops, fixed a bug in my script that was writing some candles as half-blocks.

the only viable holds right now

the only viable holds right now

>>53350990
>built on BSC netowrk
Well, birds of a feather......
>vidrel https://youtu.be/eAAuifrfAVY?t=2056 at 34:24
https://dirtybubblemedia.substack.com/p/the-binance-scam-chain

>>53350990
Every time you post this shit here I'm adding 10 more pajeet posts and haikus about chicken vindaloo to your shill threads. Shill somewhere else.

>>53353362
lul

God speed anon.

>>53350990

you can't buy grenades in a secure manner with any other currency

>>53353869

Based jeet defiler.

I see people say that discreet and DIST are scams or are pajeet coin but never elaborate on it

make you wonder

monero

>>53349183

>how the fuck this is technically possible?

The idea is to have all internet usage channeled through a continuous authentication system. Centrify is one of the firms I know who are paid to research this.
Just like you need to submit your PID to use cell phone networks, you will be asked to verify yourself when you want to access internet through a trusted device.
This is what I meant with IMEs on steroids.

We know that people will not lie down and take it, so an event like a global cyber catastrophe can be used to usher in such a system.
We are about 15 - 20 years away from this, so worry not.

>>53349380

>i don't think this crypto was created to be a test field before CBDC, they are the complete opposite.
Crypto was created with various goals in mind. "Test field" was one of the many.
Technology required for Asset Registries was another (important) motivation.

>we are already used to the idea of digital financial transactions. no need for cryptos.
Serfs are used to the idea of digital financial transactions in commercial bank monies but not in central bank monies. The latter gives a granular control (including precise control of money velocity and application of deep negative interest rates) to guide micro and macroeconomic trajectories.
Don't you see it yet what this all means?

>>53350236

>The more realistic way would be end user devices becoming more and more gimped and every normie service migrating to (((cloud platforms))).
This is one attack vector.
Data storage will soon start moving into "Cloud". Free market shall decide to costs to save "one bit" of data instead of the extremely cheap data storage devices.
The aim is to normalize "Cooperative storage clouds" instead of each Serf saving badthink and double plus bad videos into his own personal devices.
IPFS is funded by the big boys for a reason. Future data storage will mostly be IPFS but gated by the big tech.

> Big boy tech will still be available but insanely expensive, affordable only to corpos.
Or it is allowed to be bought only by (((non-Serfs))) and enforced via selectively spendable CBDCs.

>>53355650
Search the archives Pajeet, there was a smart anon who actually bothered to explain why the blatant bullshit spouted by the "developers" is bullshit.
Even if you don't have technical understanding, one thing that should tip you off immediately is that nobody on the team is capable, nobody has any demonstrated competence in developing cryptographic technology. They obviously did not come up with some amazing new thing that is 10000x faster and 10000000x more secure than Monero.

BUMP

>>53357083
Nigga you don't need to bump this thread it's not a new coin
Anyway there's a fucking femboy selling feet pics on moneromarket

>>53356232
how do search the archive

I see archive at bottom but only few DIST fourms show up and those fourms make pretty good arguments that DIST is the next 1000x moonie moon shot

>>53358223
Fucking kill yourself pajeet.
Nobody uses or will every use that shitcoin.
Your posts stick out like a sore thumb with your broken English and spacing. Fucking retard.

when are those fags going to stop shilling their coins here?
can't they just create a <insert any coin name here> general?

>>53352187
>>53352111
>>53352102
how do you actually engrave the metal? do you have a tool for that? i guess i can scratch something out with a knife but it would be nice to have something really legible and clean

>>53349576
also finishing convo from this previous thread, can anon explain what "trustlessly buy into system" means? i see the buzzword trustless permissions everywhere but i dont understand what the fuck it means.

>>53355979
>We are about 15 - 20 years away from this, so worry not.
im gonna have to disagree with that. i would say 3-4 years tops

>>53358223
>pretty good arguments that DIST is the next 1000x moonie moon shot

Moonfag detected.

>>53358382
>can anon explain what "trustlessly buy into system" means

It means you can't independently mine your way into the ecoystem, you're left relying on the willingness of existing holders to sell to you.

About an hour from now /xmr/ are back on the pitch again and starting off today's final round of group stage matches with a somewhat canon match sticking it to the /cops/ in a first v second battle that could decide who tops the group stages and advances straight to the QFs. Link as usual is down below. The VOD archive guy seems to be active again and has the past streams up to date if anyone wants to see /xmr/'s previous three matches now as well.

https://isthisliv.com/4cc/stream.html
https://implying.fun/akko4/

>>53358382
>how do you actually engrave the metal? do you have a tool for that?
You can get an electric engraver online or in a hardware store for cheap. Get one with a carbide tip and you can engrave steel as easily as writing something with a pencil.

>>53358382
>can anon explain what "trustlessly buy into system" means?
Not him, but one of the big problems with PoS is that it inherently has permissioned onboarding, meaning the one and only way to get coins and have value in the network is to have someone else sell you their coins. You can't get coins through staking if you don't have coins to begin with. With a permissioned system it becomes easier to blacklist people from the network, and as most available coins tend to be held on exchanges regulated by the state, it acts as an attack surface for blocking out political dissidents, cancelled people, etc. which is antithetical to providing people a currency system outside of state and bank control.

This stands in contrast to a proof-of-work system, as the only thing you need to onboard yourself to the network is a computer capable of running a hashing algorithm (i.e. basically anything with a CPU above the power of a toaster). You do not need to play "mother may I" with people, beg an exchange to allow you to open an account, convince another coin holder that you're not guilty of wrongthink, etc. You can onboard yourself, you are not dependent on external exchanges for acquiring coins and having value in the network unlike in a PoS system.

>>53358735
very good explanation thank you. but to follow up, why couldnt a system theoretically just allow proof of stake without consensus from others? like just an automatic system where a user puts funds into a decentralized escrow type system? like for a crude example, lets say i want to join a PoS network, i could put in BTC staked, and be issued the privacy coin in return, no actual people to allow permission needed. just permission granted based on electronic validation of BTC that you put in?

>>53358735
>and as most available coins tend to be held on exchanges regulated by the state,


whoops i read over that part again, disregard my previous reply. i understand the problem now. basically youre saying that the theoretical escrow wallet for the example i posted above, could just be blacklisted and those BTC would be worthless because they would be forever marked as illegal contraband for touching a known "dissenters criminal money laundering bizlotto russia sanction evasion escrow wallet" thus the nonprivacy shitcoin could never be exchanged back for fiat easily through conventional exchange means

>>53358608

Fucking based.

>>53358382
I use letter punches and a hammer to emboss the sheet

>>53358608
Oh nice, looks like it's starting just now

>>53358608
WOOOOO /XMR/ WON!

>4-0 blow out

Oh no no no fedbros

With that result and by topping the group stage /xmr/ advance straight to the QFs on Sunday and get a free day off tomorrow. I'm thinking wagmi /xmr/ chads

>>53359393
>What the fuck is that racket next door?!?! That's just anon, pounding seed.

>>53346331
WTF DO I GET THIS?