/biz/ - Business & Finance

PREVIOUS THREAD: >>54581862

>>54600759
Someone make a bull case for XMR in 2023 please

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 shut down/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://kycnot.me/services

>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/

>Buy silver/gold bullion with XMR (US only)
https://monerosilver.com/

>Monero-only VPS hosting
https://kyun.host/

>Win XMR!
https://monero.win/


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

# = recently launched, exercise caution

>AlphaBay STATUS UNCLEAR!!
>Archetyp
>Astra #
>Asur Market
>Chimera Market
>Cloud Market
>Dark Matter
>Darkmoon
>FilthyFellas
>Gofish Market #
>Mercury Market #
>Mellow Market
>Retro Market
Links: https://pastebin.com/raw/yaUPVLvk


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Elude EXIT SCAMMING! AVOID!
>Infinity Project
https://pastebin.com/raw/AnkqVGjp


or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me/
https://unstoppableswap.net/


>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/

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

>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

Reminder that the /XMR/ bookclub is now a thing.
>What book?
The Sovereign Individual
>Where to get it?
with explanation: https://xmrbookclub.neocities.org/#books
from the tracker: tracker2.postman.i2p/index.php?view=TorrentDetail&id=69603
>Which chapters and for when?
Chapters 1-3, we'll finish and discuss this tomorrow (16th of April, Sunday)
>Where to discuss?
For now, keep it in /XMR/ but if it gains enough traction it will happen on bitchan.i2p as well.

For any more info as to how, check out
>https://xmrbookclub.neocities.org/
>https://xmrbookclub.neocities.org/#guide
>https://xmrbookclub.neocities.org/#where

How do you guys continue to hold this under performing piece of shit

How do you guys do it?

>wownero general has more replies than monero general

Good morning to all Monerochads, privacy enthusiasts and even third worlder Zcuck shills

>Repost for visibility
As promised, here is the first weekly opsec discussion. The goal here is awareness, not mastery, in the hope that monerochads can have a well rounded understanding of various opsec concepts and tools that are commonly used in conjunction with XMR. This week is PGP, i will try to keep this short and concise as to not shit up the general.

>What is PgP?
PGP (pretty good privacy) is an encryption standard created in 1991 by Phil Zimmermann, an American Comp sci and cryptographer. PGP provides users with communications encryption and originator verification as well as file and disk partition encryption through the use of compression, hashing, Public Key and symmetrical encryption. While it is often referred to as PGP, what people are typically using is OpenPGP, as PGP is actually owned by Symantec.

>Why PGP?
PGP is the de-facto standard for email security among those in opsec critical circles. By using PGP properly, users can have a degree of certainty that they are maintaining their confidentiality and data integrity within the hostile environment that is the internet. One thing all of us should understand is the motto "not your keys, not your crypto", and this applies to our communications security as well. There are many services that provide encrypted email and chat services, but there is often one underlying problem. You don't hold the keys. If your communications are encrypted, but your private key is stored on some AWS server in god knows where, you are vulnerable to exploit in a similar way that custodial crypto holders are, except you may not just lose your money, but also your life or freedom depending on the severity of your threat model. By using PGP software and securing our own private keys you alone are responsible for your security.

>>54600772
CBDCs are coming.

Your only chance at owning your own money is MONERO

Your only chance at ever doing anything globalists dont like is MONERO.

Your only chance at not having your crypto holdings confiscated is MONERO.

Your only chance at not becoming human cattle is MONERO.

>Public Key Encryption
PKE is an asymetric cryptographic system which uses a related pair of public and private keys held by each user. The public key is distributed to the people you wish to communicate with, while the private key is held only by you!
To explain the process behind the Public Key encryption we will look at a simple one way message sent from User A to User B.
User A wants to send an encrypted message to User B.
User B sends User A his public key.
User A uses this public key to encrypt the message he wants to send to User B.
The message is then sent
User B uses his private key to decrypt the message.
In this way, we can see how anyone can encrypt a message for another person utilizing the recipients public key, but only the recipient who holds the private key is able to decrypt it.

>Message encryption
Lets take a slightly closer look at how this message is encrypted, including the symmetrical key
User A is encrypting a message to User B
The message is first compressed, this reduces workload and strengthens encryption.
A session key (symmetrical encryption) is generated and used to encrypt the compressed, plaintext message.
The session key is then encrypted using User B's public key.
The message is now encrypted and can be sent to the receiver.
User B decrypts the session key using their private key.
The session key is used to decrypt the message back to plaintext.

>PGP Signed Messages (Authentication)
In order to verify the Time of creation, authenticity of a message and to ensure the message has not been tampered with, PGP signatures are used. Here's the basic process of how messages are PGP signed.

The process begins by creating a hash of the plaintext message.
User A uses their private key to encrypt the hash.
This encrypted hash is added to the bottom of the plaintext message.
Utilizing User A's known public key, anyone can verify the signature by decrypting it using User A's public key and comparing the hash of the signature to the hash of the plaintext.

>Utilization
If you're still reading, you might be thinking, fuck. This is a lot of individual steps to take, rest easy. The majority of the processes we have covered are conducted by your PGP software, so have a look at a few of the most common software suites that make this possible. This part is really up to the user, research different software and find out which one suits your skill level and needs best.
>Kleopatra - PGP GUI for windows and linux
https://apps.kde.org/kleopatra/

>GnuPG - Strictly CLI for windows and linux
https://www.gnupg.org/index.html

>Final Words
While this is in no way a complete guide to using PGP, the hope here is that even low IQ anon's can have a basic understanding of how PGP works and how it can improve your opsec. Remember to secure your private key with care and good opsec is about continued attention to detail over time.
>https://www.openpgp.org/about/
>https://www.makeuseof.com/tag/pgp-me-pretty-good-privacy-explained/
>https://users.ece.cmu.edu/~adrian/630-f04/PGP-intro.html

>>54600772
I'd personally say 2024 will be more bullish than '23. By then:
- DNMs will reorganize and start adopting multisig to a noticable scale downscaling the effect of exitscams
- Seraphis+Jamtis will be rolled out not only making privacy and UX better, and also enabling application like
- fully fledged light wallets
- bidirectional atomic swaps
- offline payment chaining enabling various L2s
- various wallet tiers with varying levels of information and control
- BTC halving will take place, this will not only indicate the normal cycle related price action, but will likely make BTC encounter various security issues (see >>54600819). Increasing the XMRBTC ratio

And compound that with ever increasing dark/grey market adoption and increasing DNM volumes (I'd say we can reach 3-4 billion by '24, not that it'll be easily identifiable by then). So not only Monero will be robust on the base layer, but I'd argue that the overall markets based/migrating to Monero will be a force that the govt will not be able to stop easily. The question is whether they'll be stuck at the ever more violent political discourse or actually manage to organize and clamp down on Monero. And if so, how much will they succeed? It will probably be a full blown cyber-warfare that will (at least on the short run) strengthen Monero and increase perceived scarcity (fun fact this is already somewhat here, there is simply not enough XMR to go around, exchanges fake their reserves, miners already sold their coins, and tail emission only provides so much).

But at the end of the day, don't forget what this is all about and please learn to use the tools before you are forced to use them in an actual scenario that can land you in the hands of the govt. Learn PGP, learn I2P, learn Tor, learn Monero, learn encryption, learn Linux, learn browser hardening, learn alternative communication channels.

What's the best hardware wallet to use with Monero?

>>54601107
Im sure thwlere are pro's and cons to all of them, but for me, its a tails usb with persistence and feather wallet

BOING

>>54601115
Thanks. What about a Ledger for a pleb like me though?

>>54601134
I've never used the ledger so i couldnt make a reccomendation. Honestly though, as long as youre taking reasonable steps to ensure your security in a non custodial wallet you're already way ahead of most normalfags in the crypto space

>>54601134
its fine. Its more user friendly than trezor. Its code is not open source, but just like ledger its run by company which is liable to you if some wild class action law suits comes. Trezor has been hacked on the hardware level and open source did not help. Ledger the smaller one got hacked a year or ago on the hardware level, the bog one is fine.
You kind of need a ledger or terzor if you want to use it as intended. Paper wallets run on on tails is bad ass, but its kind for receiving mostly. Also there is a risk of paranoia locking yourself out if anything goes wrong. You could just make literal A4 paper and sold it in your door or whatever.
The best thing to do is diversification if you hold a lot of it. If you have like 1k $ of XMR. a hot wallet like cake or menejuro on a new burner phone is probably fine, while actually having the best user experience for actual commerce.
Ledger supports more crypto than trezor.

Reporting in,
fuck Bitcoin.

>>54601393
Appreciate it

Anyone know where to find info on block producer anonymity?

Also, temperature check on XMR sidechains. BTC has some cool ones nascent like mintlayer, XMR arguably is more secure and so I might try and fork one of then someday to checkpoint on xmr instead.

Threadly reminder that there is now a parallel XMR General on the darknet imageboard BitChan where you can post with the absolute maximum degree of privacy possible.

Why bother? Well, remember that every time you post on 4chan the content + your IP address are being logged and that data can and will be made available to LE/glowies upon request.

So if you need to ask a very delicate question, want to make a potentially incriminating announcement or you otherwise just absolutely positively DO NOT WANT to risk being deanonymized, the BitChan thread would be the place to do it.

The slightly higher barrier to entry also serves as a badly needed retard filter so a lot of us post there simply to avoid the hordes of mouth breathers that befoul this otherwise delightful basket weaving forum.

>How do I access BitChan?

You need to have I2P configured & running on your device. Fortunately, pre-configured browser bundles are now available and make everything easy. Since most of you lazy faggots are still using Windows we'll default to that for the following guide:

1. Visit https://i2pd.website/ and click on 'Download I2PdBrowser'.
2. Download either the I2PdBrowserPortable_xxx.7z or .exe file. Extract/install it.
3. Run the StartI2PdBrowser.bat batch file to launch. Adjust firewall settings/port forward as required. Port forwarding > UPnP

A cmd window will pop up and initialize the process. A windowed Firefox instance should soon appear. DO NOT RESIZE IT! Browser fingerprinting is a thing. Once pic-related appears you are officially browsing the darknet! You can monitor yr I2P service by visiting http://127.0.0.1:7070/ in yr *regular* browser.

Then simply copy/paste the following link into the address bar as per usual:

http://bitchan.i2p/thread/BM-2cVPN9mi9oBKATjNxKkopHJSCU9ah7wQwW/047186ce462d

You may have to complete a CAPTCHA on your first visit. Also, NEVER, EVER ENABLE JAVASCRIPT!!!!

Keep in mind that page loading takes longer on the darknet, so be patient.

>>54601393
Source on these hacks? I'm not finding anything when I search. Appreciate it.

>>54600772
>Someone make a bull case for XMR in 2023 please

It works and is actually used as currency with increasing frequency.

>>54601662
I think hes referring to the phishing attempts made on trezor users last year, but theres more out there. Interesting stuff and a good reminder that nothing is perfectly secure.
>https://hackaday.com/2021/02/04/hacking-hardware-bitcoin-wallets-extracting-the-cryptographic-seed-from-a-trezor/

Very amusing Monero FUD thread: https://twitter.com/Meister_Ancap/status/1646895305047113729

>>54601808
Not much there aside from the same old worn out fud desu

Brahs I want to put 100 percent of my earnings into monero but I think I'll settle for 90 percent

##################################
Swimng Pool - https://pastebin.com/raw/Mb7Dyg24
IRC - https://pastebin.com/kP1gZ1Hk
##################################
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

>>54601808
There is some funny autismo going on, but other than that it is just recycled FUD from BTC maxis. It's almost like they refuse to apply the principles that they do when comparing btc and fiat. They are capable of writing detailed *books* on the several centuries of history of fiat money, but then give up pre-ringCT for Monero. They apply austrian economic principles to explain the value of BTC, but then proceed to give the most shallow and retarded economic arguments for Monero.
I find SoV the most amusing, how the fuck is something supposed to better SoV if it has worse utility and supply mechanics? The argument usually falls back to "look at what line did here, ignore FED money printing or actually worthy arguments based on fundamentals".

>>54602209
>I find SoV the most amusing
That's probably their most brainlet argument.
Muh "digital gold".
Bitch my gold won't disappear the second they close down the mine.

>>54600987
>>54600999
>>54601008
thanks man, this is a nice addition to the thread

>>54602398
Gold can never be replaced as it fills an important space, an offline store of value. maxi's have just constantly changed the narrative to suit their needs, christ, it started as a cypherpunk, p2p digital currency that was supposed to free everyone from our current system. Now they praise gensler for calling it a commodity, who the fuck cares what gensler says, wasnt that the whole point?

When’re we getting rich lads?

>>54602811
It's not about money, it's about sending a message.

>>54602671
Thanks! If people find this one helpful i will do another one probably mid next week. Anyone with suggestions on what they would like to see for the next topic (opsec related) please chime in!

>>54602811
>When’re we getting rich lads?

Next Thursday.

Anime only.

https://www.youtube.com/watch?v=W0kNMGsrmrE

BTC has a finite supply, and it's price action in the last 10 years has been incredible. XMR has greater privacy and anonymity which is a major selling point, but it has an infinite supply, and has been hovering under or around $300 forever.

Can an XMR chad explain how a coin with an infinite supply can ever become valuable?

I think we are still early I'm not a crypto expert but I can't make sense of top coins and what they do. So I'm guessing this is all a mirage for now that ends.

>btc
it goes up eventually it doesnt and everyone exits
>eth
I dont know what the fuck it does that linux already does for free
>tether
another stablecoin that goes bust eventually
>bnb
the chinese casino guy coin, binance goes bust eventually and CZ runs with money
>USDC
another coin that goes bust
>XRP
Really dont know, just a bunch of /x/ weirdos getting dumped by VC
>a bunch of junk
monero
>a bunch of junk below

>>54603463
Dont pretend like you cant understand the difference between a rampantly inflating shitcoin and the purposeful use of the tail emission, even gold has some inflation through continued mining.

>>54603463
>Can an XMR chad explain how a coin with an infinite supply can ever become valuable?
the same way gold is valuable even with an inflation rate. the supply is infinite only on an infinite time scale. on a human time scale, supply is extremely limited. there will be fewer than 25m xmr in existence for the next 40 years.

>>54603521
I don't have to pretend, because I don't understand. Gold's inflation is trivial because there is still a finite supply on the planet and it has uses outside of store of value.

>Muh mining gold on asteroids and other planets
I'm concerned about things that will happen in the < 60 years I have left on this planet. Additionally even if gold were mined from asteroids there would still be a finite supply in circulation until more was discovered.

Everything about XMR seems superior to BTC, but if a retard like me is scared by the infinite supply, you can't expect any mass adoption by the rest of the world's population (also retards) unless there's a simple explanation for why it would ever be valuable. With BTC it's pretty easy to make the comparison to gold, again because of its finite supply as opposed to infinite USD, which is likely going to inflate to worthlessness eventually.

>>54603628
>Gold's inflation is trivial
Gold has a higher inflation rate than Monero does.

>>54603628
What we have is basically a trade off, you can have a continued low linear inflation to incentivise the miners to continue securing the network or in the case of btc, you can have an absolute capped supply where every halvening, the reward to miners is cut in half, eventually reaching zero. At that point, miners will solely be rewarded by the transaction fees, causing them to rise steadily over time. Thats bad for the people transacting(higher fees), and bad for smaller miners who will become unprofitable to mine, there by reducing competition and increasing centralization.
https://localmonero.co/knowledge/monero-tail-emission

>>54603704
>Gold has a higher inflation rate than Monero does.
When you say this, do you mean that the rate additional gold is added into circulation/total supply is greater than the rate additional XMR is added into circulation/total supply?

Won't the rate of gold inflation continue to decrease towards zero (barring the asteroid/space mining scifi)? In a very practical sense, there is a fixed amount of gold in the entire universe, whereas from what I understand the same cannot be said about XMR.

>>54603463
A currency must be inflationary (around 3% a year)
NPCs are scared of inflation but they should not (that's also a reason to sell BTC and ETH, shitty hype)

>>54603838
>NPCs are scared of inflation
If NPCs constitute the majority of the people on the planet, are their concerns not a major factor for mass adoption of anything?

What machine should I buy to farm Monero 24/7

>>54603969
The average person dosent care about low level inflation, prior to the more recent acceleration, many couldnt even define it. What the average person fears is hyperinflation, they are finally waking up to the fact that the fiat in their pocket is worth significantly less than it used to be only a short time ago. This concern of parabolic inflation numbers is not an issue that monero has, as i already mentioned, the tail emission is linear and unchanging.

>>54603796
>When you say this, do you mean that the rate additional gold is added into circulation/total supply is greater than the rate additional XMR is added into circulation/total supply?
Yes

>Won't the rate of gold inflation continue to decrease towards zero (barring the asteroid/space mining scifi)?
Not in a meaningful sense as gold has an elastic supply which keeps it's functional inflation rate oscillating at around the same levels. Monero's inflation actually does go down over time because the supply is completely inelastic and fixed by math.

>>54604059
5950x or 7950x on the most stripped down micro ATX board you can find, with a fat heatsink, I'd recommend noctua NH-D9L or NH-D15. Ideally get decent ram as well. Boot linux from USB.

5950x rig would cost ~$700-800, 7950x rig would be ~$800-1000, but would perform better.

>>54603463
>>Can an XMR chad explain how a coin with an infinite supply can ever become valuable?
>>54603628
>but if a retard like me is scared by the infinite supply, you can't expect any mass adoption by the rest of the world's population (also retards) unless there's a simple explanation for why it would ever be valuable.

The moonfaggotry....its all so tiresome.

Monero is valuable because it can be exchanged for an ever-increasing number of goods & services in the underground shadow economy. That's it. Muh immaculate conception, digital scarcity and related memes have no real-world significance and therefore have no bearing on true value, its all about UTILITY. If your crypto isn't useful to NON-investors, its a glorified ponzi token.

Bitcoin merely has the illusion of value because of speculative hype and temporary FOMO. That's it. With every Monero-only market that launches that's one less market that accepts BTC. Eventually there will be no more black markets that accept BTC, leaving it ENTIRELY dependent on mainstream economy adoption, which will never happen because govt-issued CBDC Fedcoins will inevitably be given a monopoly to ensure mass adoption.

TL;DR:
>can't spend BTC on the darknet, can't spend BTC on the clearnet = BTC is effectively worthless.
>can spend XMR on the darknet, can't spend XMR on the clearnet = XMR has actual value.

Or even simpler: as long as you can buy cocaine with your coin, it has demonstrable value. Otherwise, ya dun goofed.

>>54604059
>>54604292
oh and get a gold rated PSU as well, an inefficient PSU will fuck you.
500w should be overkill unless you're attaching tons of extra shit onto the rig, but you can get a stronger PSU if you want to turn it into a PC or a server later on down the line.

>>54603796
>In a very practical sense, there is a fixed amount of gold in the entire universe, whereas from what I understand the same cannot be said about XMR.

The issuance rate is fixed while the rate of coin loss only goes up with increased adoption, so XMR may well end up proving to be deflationary in practice.

Thus, you can think of tail emission as the digital equivalent of old/damaged banknotes being destroyed and replaced with new ones.

>Central banks routinely collect and destroy worn-out coins and banknotes in exchange for new ones. This does not affect the money supply, and is done to maintain a healthy population of usable currency.

https://en.wikipedia.org/wiki/Money_burning

I open https://monero.fail/map and there is 19k nodes at the moment. Last 3 years I regularry checked and only 10-11k nodes were online.

Then I opened https://www.monero.how/ and transactions are at very low level... about 500k per month.

Any thoughts about monero such strange behavior?

>>54604680
>transactions are at very low level... about 500k per month.

Ongoing DDoS attack on the darknet = less TXs. Run an I2P/Tor relay,

>>54605109
ok, what about nodes?

>>54605149
I'm unsure if you can measure node count well, there is Dandelion++ and all, Monero's p2p net is not meant for routing to a specific destination. See https://monero.stackexchange.com/a/2599
Also monero.how is kind of weird in terms of numbers, their fees for example didn't make sense to me (last 100 BTC transaction based on what? id in block? highest fees? when I recalculated the averages were way off).
Anyways 10k nodes doesn't seem correct for BTC, 1ml.com lists 16.4k and bitnodes.io lists 17.5k. As for transactions, see >>54605109 DNM DoS has affected this very much so. But good news, we are rebounding already and probably the bear/bulls will have a say in transaction counts as well.

Z-fags seriously need to consider a career in comedy.

>>54605237
Ok, I just checked https://monero.fail/map sometimes during last 3 years and there were 10-11k peers no matter what. And today 19k. What is the reason?

Talking about peers, not nodes. To be correct.

>>54605465
>And today 19k. What is the reason?

With increasing adoption comes increasing node counts, just one of the perks of having an ideologically-driven userbase.

>>54605465
peers are nodes

>>54602811
you already know
two weeks

How hard is to get cheap old optiplex, get ssd and run xmr i2p and tor nodes on it?
How much trouble will this freedom box get me with my ISP?

>>54603463
The tail emission was designed to be half of golds inflation rate (back in 2014). And for any crypto, there is the concept of "lost coins". A dead man's coins can't respond to market discovery & can offset the inflation rate.

>>54605626
>How much trouble will this freedom box get me with my ISP?

Running I2P/Tor nodes is 100% legal.

>>54605465
Plotted the 22 dates archived from the Wayback Machine (not fancy, did it in 3 minutes), and the average does seem to bounce between 10k-13k, but there are peaks. The issue is that neither monero.fail, nor the Wayback Machine has the full picture so it's hard to tell if these were momentary increases in node counts, a sustained growth, periods of higher counts, etc. It is kind of weird but there are many plausible explanations like >>54605496 or monero.fail's node got rebooted on a different part of the network, the data is incomplete etc.

>>54605496
>With increasing adoption comes increasing node counts, just one of the perks of having an ideologically-driven userbase.

So users count is growing but transactions count... going down. Where is the logic?

>>54605739
>So users count is growing but transactions count... going down. Where is the logic?

Where do most users typically spend their XMR?

>>54605818
you tell me

i sure love scrolling past several walls of text to get to the actual posts itt

keep it up, guys!

>>54606047
>you tell me

>>54606110
>i sure love scrolling past several walls of text to get to the actual posts itt
>
>keep it up, guys!

My heart breaks for you.

>>54606110

>>54606110
Try reading, maybe you might learn something, but probably not kek

>Overview of the Changes to I2P Cryptography in 2022

https://www.youtube.com/watch?v=Zo21_NtbNts

>>54606386
The best part about making walls of text is knowing that fudders don't know how to. And it's important to make walls of text so that you can remind glowniggers that they aren't allowed to have anything good in life. They are allowed to have copypastas and screenshots and weak bait and that's pretty much it. Hey that's a pretty good wall of text, not that a fudder would know AHAHAHAHAHA!

the thing with moner is i feel its already priced in
thats all
i think its a good coin, just priced in thats all

sorry!

>>54606662

Note how much more preoccupied the moonfag is with price action as opposed to actual adoption.

who is going to adopt the pedophile/druggie coin? the gov?

>>54606618
If the text walls are relevent and informative im all for it. 4chinz has more than enough flame wars and low effort shitposting in the dogcoin/tranny seethe/shitcoin threads

>>54606756
>who is going to adopt the pedophile/druggie coin? the gov?

WE THE PEOPLE

>>54606809
already priced in

>54606851
Kek, even the id is brown.

The problem of bitcoin is the speed of money, if there was a lot of transactions then the miners could reliably sustain themselves on transactions however the hodl mentality is what will literally kill bitcoin, also bitcoin probably needs smart contracts, if bitcoin doesn't have smart contracts or can't do the necessary shit that etherium does then it will die, I wonder if there are any studys to study if bitcoin economics are sustainable.


Also by the way how transactions work in xmr, what keeps a fee low and also how does the network know a transaction fee is low.

>54606873
do you think pedos dont already know about xmr?
my nigger in sodom it is PRICED IN

>>54606851
>already priced in
>>54606911
>my nigger in sodom it is PRICED IN

Nobody with an IQ above room temperature takes price action in a clownworld market seriously, champ.

Go play with the doggie meme of the week.

Ok anon, I'm new in all this /biz/ thing, I need make money to impresse waifu, I have 4 dollars in bitcoins and I'll turn monero because I want to make money but not being tracker, that's why I want not make money investing in enxhange buying or selling shares, because is lack anonimy. Which are my opptions? Any guide for new investor?

>>54607041

>>54607041
just dont buy monero bro thats all
i heard its priced in

>>54607066
>just dont buy monero bro thats all

This. Dog memes are where the big money is.

>>54607066
so a private stable coin?
still has more of a use case than any other crypto

>Trusted technology, growing adoption

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

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

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

Multiple, independent organizations are funded to innovate on Zcash.

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

This is what Monero chuds dont want you to know.

Buy Zcash if you actually want to make it.

you will not get a better time to buy fellow gods

>>54600772
The bull case for monero is the bear case for USD. When you buy monero, you're holding it for using in the moneroconomy, not for selling your bags back into USD

>>54607238

>With many "privacy" coins (and cryptos in general), there is an attitude of "f*ck the government and regulators, they can't stop us!". But let's be honest, if a coin is to see mainstream adoption from institutions, government, and retail, it has to fit in and be compliant with the traditional system of laws and regulation. Zcash has stamps of approval from FATF, FinCEN, and NYDFS.

>do you really think the (small) Monero team is engaging with regulators and has regulatory compliance? Of course not.

>Zcash institutional investment will continue to grow over time (which will hugely increase the price) because Zcash has the regulatory and governmental stamp of approval.

Holy shit, I am in actual awe of how utterly cucked you trannies are. And all for the moons & lambos, not one iota of revolutionary spirit.

when the Rockefellers tell the fed to go full CBDC monero will be used off grid while btcucks are stuck in their smart cities spending zcash on beyond burgers

i love monero so much bros

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

>>54603628
>I'm concerned about things that will happen in the < 60 years I have left on this planet
Well guess what, 60 years from now we'll still be mining gold.

>>54608007
what about wownero

>>54608242
idk anything about that, XMR is all i need

>>54607763
I mean if the world goes more dystopian in the end arent we Ll stuck in the same dystopian citys eating the zeh bugs maybe you may have more money because you have monero and you can spend that on ilegal items but we will all rot equally because smart citys will basically control everyone by the milimeter

>>54607709
Its actually really funny because goverments would rather have etherium or other cucked POS shitcoins over something as shit as zcash

>>54608975
Literally me

Reminder that Monero will die unless the Zcash community licenses its tech for adoption.

Buy Zcash before the moon mission takes off

>>54608999
Lemme check those digits fren. I dont know what a "smart city" implies, but i think peoplr are starting to wake up to how distopian things are already becoming. The idea of surveillance capitalism was completely off the radar the consumer and are now bubbling to the surface.

>>54603218
I'm gonna coom hard to sexy monerochan

>>54607709
I dont know what you mean, i though all cypherpunk revolutions had a board of directors?

>>54607635
This anon gets it

/XMR/ general weekly book club - WEEK 1

>>54600826
As promised, this week we read chapters 1-3 of the book "The Sovereign Individual" by Sir William Rees-Mogg and James Dale Davidson. The book is an unconventional study of society, human action, and technology and has a quite startling prediction for the future, one of radical change that we haven't since seen centuries or even millennia.

Also, I'm sorry for the multiple part post, I already cut down much of the stuff I wrote because the book is packed.

Now a brief description of the chapters:

>>54611499
>Chapter 1: The transition of the year 2000 and the fourth stage of human society
> The coming of the year 2000 has haunted the Western imagination for the past thousand years. Ever since the world failed to end at the turn of the first millennium after Christ, theologians, evangelists, poets, seers, and now, even computer programmers have looked to the end of this decade with an expectation that it would bring something momentous.
The book's first chapter discusses a coming 4th stage of social organization: informational societies. The age of the nation-state will end. They predict that this change will happen almost everywhere at once, within one's lifetime, equally. The individuals who are escaping this collapsing system are referred to as "sovereign individuals", gods by the past's standards. Single individuals will now posses the same power as the largest armies if not more, and the ruling class won't take this lightly at first. This transformation will also bring the end of nations as we know it, states will rather serve as companies having to bargain with their customers, the sovereign individuals. Companies will become virtual, "jobs" will become tasks, not positions to "have". Social safety nets will seize to function. Politics will overheat and eventually drastically downscale. Taxation will be impossible to enforce on a mass scale.
The State will fight back to maintain their revenue, one of the thing the author points to is by printing money. But surprisingly they point to the emergence of "cybermoney" as the defense. The "cybereconomy" will be attempted to be suppressed by totalitarian means. The state of multiple overlapping systems of laws will re-emerge from after a millennia long break.

>>54611503
>Chapter 2: Megapolitical transformations in historic perspective
>In the new millennium, economic and political life will no longer be organized on a gigantic scale under the domination of the nation-state as it was during the modern centuries. The civilization that brought you world war, the assembly line, social security, income tax, deodorant, and the toaster oven is dying.
The second chapter in turn serves mainly as an introduction to the study of "megapolics" and this is where the book's genius comes from. Rather than to try to make vague predictions based on thousands of uncontrollable statistics, the authors assert that what defines a society's structure is the organization of violence. What are the risks and rewards of employing the violence, and how well does it scale. Every time a significant shift in megapolitical factors happened, society had to reorganize itself. The book also makes the case that technology will be dominating more and more, and will be the only factor that really matters now.

>Chapter 3: East of Eden the Agricultural Revolution and the sophistication of violence
>Understanding the Agricultural Revolution is a first step toward understanding the Information Revolution. The introduction of tilling and harvesting provides a paradigm example of how an apparently simple shift in the character of work can radically alter the organization of society.
This chapter in turn goes to apply the theory laid down in the previous and shows how the Agricultural Revolution, the collapse of Rome, and the Feudal Revolution of the year 1000 had all played out. The explanation is in detail and explains the structure and inner workings of the societies before and after.

>>54611510
Questions:
1. How large is the cybereconomy is in the current year of 2023? Both in terms of people and capital. The authors predict that the population will be in the magnitudes of millions by 2025, is that still realistic?
2. Chapter 2 introduced the concept of "The Taboo on Foresight" and said that every social order must make thinking about its end a taboo. So to challenge that, how do you think Monero will end? And what will take its place? Keep in mind this doesn't have to happen in two weeks.
3. What are your thoughts on "megapolitics"? Genius, retarded, or "meh" and why? Can it be applied to Monero's governance?
4. An interesting angle I found myself taking is the monopoly (or the lack thereof) on information, as they always had some sort of place in the mentioned megapolitical changes. Though more related to how they are brought forward. Does the manner in which information is created, copied, and stored affects the enforcement and projection of violence?

Any extra thoughts on the book are obviously appreciated.

Also this is the first week we're doing this, so any problems with the overall structure should be pointed out now.

there is a way to deal with the hidden inflation fud...
create a new chain periodically, by burning coins on the old chain you are getting coinbase on the new chain, then as everyone moves on to the new chain you get the anon set once more after a few transactions. this also helps with pruning old crap.

or are you afraid what you will find under the bed if you look?

>>54611698
>do this massive, complex, roudabout bullshit rather than me just do the math several people have explained already

Can't see what could possibly go wrong

Why is the inflation fud so popular?
It has been explained so many times yet it's keep coming back to this.

>>54612362
any fud that can be spammed but takes a few sentences to explain will be repeated over and over

common jew tactic, just spam things that aren't true over and over again

>>54600987
I just want to let you know that this is appreciated.

>Muh China
>Muh Russia
>Muh USA
According to the Authors of The Sovereign Individual, all three are decaying corpses which will fade away into obscurity. Their prediction of the world is hyper globalized, but one where world dominating military strength is impossible, one where individuals go where they are treated best. All due to their concept of Megapolitics. I will expand on this, but first some history. Commonly accepted history tells of these ages:
>Hunter gatherer
>agricultural
>industrial
The Authors claim we are currently transitioning out of the industrial age towards a new age which they call the information age.
Interestingly, each age is shorter than the last in what resembles a parabolic curve. While the full transition from the hunter gatherer age to the agricultural age took thousands of years, it only took hundreds of years from the agricultural age to the industrial age. And now, it will only be a matter of decades to fully transition into the Information age. This parabolic change can be linked to the parabolic advancement of tech, of which micro-processing tech is currently at the forefront, launching us into the information age and creating societal change at a brain melting pace.
This pattern of tech creating societal change is called Megapolitics. Climate and microbes also force societal change, but lets focus on tech. As tech changes, the returns of violence change. For example, in the nomadic hunter gatherer age there was no need for military, police, or roaming bands of plunderers because no one had possessions or territory. But with the invention of agriculture, suddenly there was a much higher return to violence. There were things to plunder, such as the harvests, the tools, the arable land, the villages. And so there was a need for government, authority, and military force for protection. This is Megapolitics. And they are rapidly changing.
Looking forward to read more.

>>54612336
"math" can't prove your implementation is correct. nor can it prove it's own correctness it's all built on assumptions. come back to me little baby when you understand this shit!

>>54612362
>Why is the inflation fud so popular?
because despite what you may believe it has never been debunked. the pathetic attempts have all shot themselves in the leg.

>>54615246

Its over. Sell everything.

>>54615226
ope, darn, guess you're right, time to sell everything! I guess I can use my server infra to sell feet pics, SAD!

https://www.getmonero.org/2020/01/17/auditability.html

Tari is not dead: https://www.tari.com/updates/2023-04-13-update-106

>>54615548
mathematicians can't even prove P != NP or that the inverse of certain operations is NP hard. we are just assuming things. and the previous attempts at "auditing" the supply are childish pranks at best.

i told you how you can audit your supply for real.

>>54600807
>AlphaBay
>Archetyp
>Cloud Market
>Darkmoon
>Mellow Market

Not working. Delete them please.

>>54600807
>>LocalMonero is now available on I2P

>>54600759
>>Non KYC:
>LocalMonero

Localmonero is scam... They removed Russia from the country list and also clearnet site is not available from Russian ip.

Also Alex from LocalMonero team says that he MUST give information to police, if they will need it. He said something about law... but there is no such law to ban Russian ip. He is just liar and think other people are idiots.


Please, remove Localmonero, they ruin idea of crypto (we need to be above the govermnet and politics).

>>54617831
>>54618041

Oh look, the concern troll is back.

AlphaBay will be removed soon since its obviously dead. As for the other markets, downtime isn't unusual for DNMs. Once its abundantly clear they're dead and never coming back, they'll be delisted.

>>54603463
take 2nd grade math

wagmi

Brahs can we stop pumping for a bit so I can buy more

I want a crash

>>54611503
>Single individuals will now posses the same power as the largest armies if not more
couldn't keep a straight face
how are you supposed to take these people seriously when their premise is nothing more than a small child's power fantasy?

>>54618861

Comfy.

I want to know what basket of goods can you buy with crypto, basically this is the consumer price index

Where can you buy cereals, flour, pasta, poultry, gasoline, chicken, electricity and gas, bus tickets as well with monero or at least bitcoin.


https://www.bls.gov/news.release/cpi.nr0.htm

Asking for a friend of a cousin of my ex wife: let's say someone was to get access to a bitcoin wallet with somewhat considerable wealth in it (somewhere between 5 and 6 figures by today's rate), what would be the best way for that someone to quickly and discretely convert that into XMR without having to go through any KYC exchanges?

>>54620657
Tradeogre is popular.

>>54618449
just list dark DOT fail , or daunt DOT link , as onion link sources

>>54606618
kek'd

>>54620657
If that someone were implicated in stealing the bitcoin, it wouldn't matter what method they use to convert it into xmr.
But yes, for small amounts tradeogre, fixedfloat, and other swap exchanges such as those listed on trocador.app are sufficient.
If someone discreetly donated a large sum of bitcoin to me, I would transfer it to a wallet I control, and then slowly convert it to xmr using those exchanges I mentioned.

We can create a general inteligence of monerochan, who is with me

>>54621471
What do you mean by that?

>>54621488
I mean basically chatbots have advanced a lot, i mean its a little bit imposible to create a general ai but we can get good enough

>>54600772

>>54621488
Ok let me explain what would be the endgame, we would ideally have a monerochan that speaks to us and also responds to you as an animation not only as an image, basically we would need to hire this guy to do the animations or train the models
https://rentry.org/AnimAnon
Just imagine for a moment you are writing to the frontend to of a website that connects to monerochan, her animations and her writing style is a reply to what you write to her, basically we need to do gifFani from gravity falls but while that was scifi back in 2012 now its possible, maybe we wont get an agi right now but i am sure if we work together we will make monerochan real one day not too far in the future.

https://www.pcgamer.com/autonomous-ai-npcs-are-here-and-theyre-planning-parties/

>>54621783

Make it so.

>>54604292
>decent ram
Any hints here?
Would 5950x break even with XMR value on electricity?

>>54624550
ddr4 3200 or faster, basically just "not the cheapest memory you can find"

>will it break even
basically nothing will if you are responsible for the electric bill.

A single 5950x rig will earn you ~35 cents a day, 7950x will earn you ~55 cents per day.

ok now I am supporting monero chan with my garbage tier 570 h/s. Surprisingly easy tho

>fell for monero p2p mining shill
>pay more for electricity than get in in xmr
Why should I pay (in electricity bills) to help criminals?

>>54624842
Then don't. Keeps my rewards higher.

>implying the mined currency is the only value you receive from mining

>>54601649
>>54600812
>>54606606
Why would I ever want to use a network only used by R*ssians?

>>54624924
What is the other value?

>>54624963
>Constructively contributing to something you like
>Actively participating in keeping your own money secure

The currency you earn is just making up the diference to break even after these two are factored in.
It's incredibly accessible and easy to mine, so anyone can do it on just about any machine, but hobbyists and enthusiasts can tinker and optimize to provide the *most* security they can and perhaps slightly enrich themselves in the process.

I'll give you an example: I have several 5950x rigs, I got them a little over a year ago (first one over a year ago, slowly adding to them, most recent is 4 months ago) and they've been mining steady for a good long while. Each one of them has already paid for ~16% of its own cost. A 5950x will not be a "slow" or "inefficient" CPU likely for a long time, I can let a given rig mine for 3 years, hopefully recouping 40% of its own cost. I can then slap on a graphics card, put it in a proper case and I've got a respectable workstation that cost me all of $450, even less if I part out and sell the extra hardware. As time goes on, I upgrade from 5950x rigs to 7950x rigs, then 8950x or whatever is next, so on and so forth and I'm constantly providing lots of security to the monero network, earning monero AND have a relatively modern PC basically as long as I decide to keep at it. Not for free, but at least significantly cheaper.

>>54625738
>>Constructively contributing to something you like
Why do you like it?
>>Actively participating in keeping your own money secure
We're talking about mining specifically here. And main issue in original post was: paying (in electricity bills) for supporting monnero network. How mining keeps my money secure? It literally drains money.

>>54625833
P.s. didn't read rest of your post

>>54624942
>R*ssians
No need to be disrespectful, and they're clearly helping people to discuss in privacy. Be the change you want to see in the world then, host your own website and bring more people in to dilute the slav influence.
But I find it interesting how post-soviet states still practice counter economics and avoid the state as much as possible (or become extremely free, like the baltic states). I can just wonder how much their communist past haunts them. I just wish their language were easier and not in cyrillic, so I could get a hint of what they are saying.

>>54625850
>>54625833
>how does mining keep my money secure
maybe learn how blockchains work first.

P.S. didn't read the rest of your post.

>>54626025
But mining drains money, not makes it safe.

>>54624842
>>pay more for electricity than get in in xmr

Yeah, most miners mine at an acceptable loss because they believe in what Monero stands for, behold the motivational power of ideology.

>>54624942
>Why would I ever want to use a network only used by R*ssians?

Because it works, numbnuts.

>>54605736
i doubt the 25k number is accurate, probably around double of the real number due to restarting. not sure if you could even see something like this on a node but picrel is mine and everything looks normal (had a week without internet in the middle)

>>54606939
*ahem*

>>54614679
Much appreciated.
>Looking forward to read more.
Will do as well continuing at the current pace, so chapter 4-6. Updated the site (https://xmrbookclub.neocities.org) to reflect that.

>>54615226
Migrating to a new chain from scratch once in a while does not prevent minting by an exploit. It just blocks old coins, diminishes chain trust, and creates unnecessary transactions that increases the bandwidth and fees. Auditing code and fixing bugs actually helps. Not that BTC maxis would care. They had 2 inflation bugs were actually exploited, with confirmed double-spends occurring (>$10k) yet they keep bashing on Monero because they cannot do basic math but on EC points.

>>54620864
I think there are still strengths to having a separate list, trusting some 3rd party is convenient until you can't no more.

>>54627052
I doubt it as well. There isn't much resolution on the historical data from that site, but the spikes do seem to vaguely correlate with HFs, so there's that. Also what software are you using for the dashboard?

>>54627176
https://github.com/lalanza808/docker-monero-node

bump

Monero will never be this cypherpunk.

>>54624942
>Why would I ever want to use a network only used by R*ssians?
Because you goths fucked up and you fucked up the world. Slavs are our only salvation desu. Next time you consider bringing an nig to buckbreak your wife, consider a slav to improve the gene-poll instead of degrading it further

if we're not top 3 by tomorrow morning i'm dumping my stack

>>54630640

Based.

bumping

is monerun coming?

>>54633057

Monero-chan is.

Is there a more accurate depiction of the essence of /xmr/?

>>54633761
Saying the word 'nigger' is a God-given right, right up there with the right to keep and bear arms (physical and cryptographic)

>>54600759
Reminder to update your i2p routers

>Release 1.3.3 is still the latest
What did he mean by this? >>54634110

Is there any reason to download and configure Gupax if I'm already P2P mining through the GUI wallet? Or is that just there as an easy on-ramp for anyone that still needs to transition from pool to P2P?

Give me one good reason why i should dump the mainline internet and go 98% tor/i2p
What benefit is this to the average wagie such as myself?

>>54634982
>wanting to stay the average wagie
ngmi

>>54635030
i stack silver currently and have the opportunity and knowledge to be able to make these changes. But why should I?

>>54635061
How are you going to LARP as a cyberpunk protagonist if you're still using the mainstream internet?

>>54635115
I'm just a regular guy. I understand the problems with the mainstream internet and I would like go make the switch. I don't really put any weight on the social outlook of financial matters. What i'm concerned about is whether /XMR/ will be reliable in the future, and what benefits switching to this system would incur. I've always been interested in internet privacy and security, but i've never practiced it to heart because I don't see the benefit. It isn't something I'm politically motivated by, nor financially. I don't engage in illegal activities, so using i2p/tor really doesnt appeal to me.

>>54635172
For an average normie it is mostly a preventive measure. The benefits of practicing good OPSEC are like the benefits of washing your hands, you will likely not see what you've dodged. Internet security should be important for obvious reason, you keep your house locked so why surf metaphorically naked online? And security kind of depends of privacy, if you keep your data in a vault of Google it might work but you aren't private. Then the NSA, Google, their data brokers, external data brokers, Google contractors, etc might have an intentional or unintentional databreach and you become a statistic.

>>54602079
Its not safe to put 100% of your total earnings on monero alone, you do low caps like Xvg, sylo or Beam since they all have the same privacy features

>>54636460
stop trying to pump shitcoins

>>54600819
How real is this calculation? I feel like something isn't right

>>54636539
Those are well established, only a noob will call those shitcoins

>>54636867
stop scamming people

the sad truth is that if merchants accepted privacy coins theyre gonna get attention from the feds and they hate it

>>54637120
oh no the tranny fags will be super upset

oh well, still not selling

>>54637120
How will the trannies get their HRT drugs for their kids in a republican state without monero?

>>54634500
you get more hashes with xmrig

>>54637120
>the sad truth is that if merchants accepted privacy coins theyre gonna get attention from the feds and they hate it

No shit, that's why darknet commerce is the future, merchants can accept ALL the Monero with peace of mind.

>>54638113
Can it utilize gpu/cpu simultaneously?

>>54626075
Monero network pays miners about $25,000,000 a year, which isn’t much considering the supply also shrinks because people die or forget their keys.

>>54638161
Monero has a slowly but constantly growing supply which is meant to counteract this.

does anyone know what's going on with the private crypto regulations being passed in the EU right now? I read an article about 3 weeks ago that I can't find, but in it, they were talking about two bills. One was voted through. The politician providing quotes for the article said that the second bill (MiCA?) is what will "ban private cryptocurrencies" or something. Anyone have any updates? whatever the case, I know that SOMETHING is going on and I try find out details through google and it's useless. you'd think these things would be way more transparent. I'm half expecting to wake up one day and see "anonymous cryptocurrency transactions are now banned in the EU", kraken disallowing withdrawing monero to private wallets, etc. even though if you look at the monero community right now (/xmr/, monero podcasts, the monero subreddit) no one mentioning it.

>>54638332
>constantly growing supply

The rate of coin minting is FIXED, the rate of coin loss ISN'T and statistically INCREASES with adoption.

In other words, more users over time = more coins lost over time. If the rate of coin loss surpasses that of tail emission, Monero becomes a deflationary asset.

>>54638431

Who gives a shit if privacy coins are banned? If that's all it would take to cripple Monero then it doesn't deserve to survive.

Monero bros, I'm scared of BLUR.

>>54638563
>please pump my shitcoin

>>54636558
While you can debate the aspects of comparing network security budgets to market caps, whether SoV is viable at all without utility, the arguments of the article for PoS, and so on, the math and the overall analysis of Bitcoin's security correct. As long as fees don't rise drastically Bitcoin's price has to double every halvening (~4 years) in order to keep up the concurrent network security.
The current model is unsustainable and BTC just doubling down and calling for the adoption of centralized and/or custodial L2s and other ""innovative tech"" only hurts the situation. It is likely that we can see problems with Bitcoin's security sooner or later, even possibly starting by the next two halvenings. Thought ASICs with higher hashrates might hide this for the naive investor.

Surprised nobody brought it up, but happy anniversary, it's the 9th birthday of Monero! The 18th of April.

Monerun is also here, so in case you haven't withdraw your money from CEXes like Binance, Kraken, OKX, or whatever.

How dead is Monero if AMD and Intel put anti-mining heuristics in the hardware?

>>54634241
the Java version updated about a week ago. I know....

>Java

>>54634241
Also:
>>Release 1.3.3 is still the latest

Java i2p is on 2.2.1, i2p+ is on 2.2.0; i2pd is on 2.47.0

>>54600759
Happy Birthday!

>>54635172
>What i'm concerned about is whether /XMR/ will be reliable in the future, and what benefits switching to this system would incur.
You'll have the ability to participate in the growing black and gray markets by hoarding their currency of choice

>I've always been interested in internet privacy and security, but i've never practiced it to heart because I don't see the benefit.
The main benefit is obfuscating your data so that it's less profitable to prying eyes. Even by doing seemingly pointless shit like installing dnscrypt on your router, you make it that much more difficult for advertising companies who sniff that data to sell it. Also, if tyrone ever manages to figure out Kali Linux, he won't see the plaintext dns requests leaving your network titled "ANON'S SUPER EXPENSIVE SMART TV WHAT DO YOU MEAN THIS IS INSECURE LOLOL" and rob your ass later on.

I'm starting to believe Luke Smith and the nigger are legit paid by Monero Project. I'm not anti-monero obviously, but both of these channels have been bringing monero into nearly all their videos and they're both extremely shameless grifters (that nigger outlaw uploads every day, guy literally covers every fucking news story even when it's something he knows fuck all about)

>>54642872
>paid by Monero Project
lol, the project is dirt poor compared to the rest of crypto.

MAGIC monero fund wanted to reach out to content creators (to raise money, not to pay them) but we couldn't find any way to contact outlaw :,)

>>54642872
based poster post the most based crypto. Also calling someone smart a nigger. German/Anglo/BTC maxi typed this

Monero Project XD

>>54638520
Well it matters if you cant pay shit with monero, sure you can pay under the ground a supplier but the supplier in the end needs to report who bought from them and thanks to esg requirements they will now go after your ass for paying in monero

>>54638125

What prevents the fed from looking at the darknet website, asking some supplys of whatever you are selling even if its legal and tracking you down, i mean the benefits sound like you get to manage to avoid taxes but bigger centralized firms that normally hold unique goods lets say toyota company or a 3d company that sells 3d machines they would rather not risk adopting xmr.

>>54643109
>Well it matters if you cant pay shit with monero, sure you can pay under the ground a supplier but the supplier in the end needs to report who bought from them and thanks to esg requirements they will now go after your ass for paying in monero

CBDCs = no more crypto for white markets. Either it goes underground (darknet) or it dies off completely.

>>54643301
Its like hegelian dialetics into play a lot of people that don't know about xmr will get fucked but the ones that learn will thrive in this new surveilance world

>>54643171
>What prevents the fed from looking at the darknet website, asking some supplys of whatever you are selling even if its legal and tracking you down

Same way darknet vendors stay in business selling narcotics for years and years: robust OPSEC, never shipping from the same location twice in a row, etc.

> but bigger centralized firms that normally hold unique goods lets say toyota company or a 3d company that sells 3d machines they would rather not risk adopting xmr.

Why the fuck would corporations use crypto instead of CBDCs?

Get this clear: crypto is for the black market, Fedcoins are for the white market.

>>54641497
please responge

>>54641497
>How dead is Monero if AMD and Intel put anti-mining heuristics in the hardware?

How is this even supposed to work? Do you understand what RandomX does?

>>54643435
Not really, but it doesn't sound like a type of workload that would be impossible to distinguish from productive workloads

>>54643598
>it doesn't sound like a type of workload that would be impossible to distinguish from productive workloads

How are you supposed to distinguish a random series of mathematical calculations from other non-related mathematical calculations?

RandomX uses a combination of several techniques to ensure that the calculations executed are truly random and cannot be predicted in advance even by miners. If miners themselves can't predict them then how are Intel/AMD supposed to filter and block them?

>>54643769
What other workloads have a random distribution of instructions? Strict prediction isn't necessary to detect and throttle mining

>>54643769
Hey jigaboo, why would you post this content in my comfy monero thread?

>>54643930
>What other workloads have a random distribution of instructions? Strict prediction isn't necessary to detect and throttle mining

Cryptographic workloads, machine learning workloads, scientific simulations, gaming workloads, etc.

>>54643935
>Hey jigaboo, why would you post this content in my comfy monero thread?

Random selection.

>>54643769
getting hard just seeing that mongoloid forcing his way

>>54644033
An acceptable reason.

>>54643999
>Cryptographic
All integer
>scientific simulations
All floating point
I'm sure the others have a signature even if it's not as obvious

>>54645121

Given the large number of variables in play the infinite potential for false positives makes the entire concept a non-starter, you'd never have 100% certainty that you're dealing with RandomX so you'd always be at risk of terminating legitimate operations, which consumers simply would not tolerate.

>>54645506
Well, they tolerated cancerous anti virus. It will soon be irrelevant because consumers will (be forced to) outsource both storage and processing to le cloud and access it with low-powered client devices

Happy Monero-versary

>>54638332
Yes exactly. Annually, for supply S; typical loss percentage L
ΔS = 157680ɱ - (L% * S)

>>54638332
actually S would be the *available* supply
t. same anon as >>54638161

>>54645506
Technically speaking RandomX does utilize a well-defined set of instructions. Persistent usage of most of these along with large cache usage can be somewhat quite unique behaviour. I still doubt any CPU manufacturer would seriously bother with injecting such a complex detection code on silicon or firmware. But the time it poses a great enough threat that they'll start doing that, they won't care about false positives and by then we would already have RISC-V and whatnot, xmrig is opensource and works for ARM and CUDA so I doubt it'd be that hard to re-implement the assembly instructions for alternative ISAs.

Also there is still the problems of logistics
>how do you get the CPU to upgrade to the new mode of blocking/reporting Monero mining?
>how do you do that without it being reversible?
>how do you set this up without a simple firewall (physical or on another computer) being able to block it?
Because unless they try to go 1984-style (they literally cannot, we live on a planet with 8 BILLION humans, a sizable chunk of which has internet access now) a simple bypass would be to buy some older model AMD CPU from Alibaba, ship it, plug it in connected to a raspberry pi's internet that only forwards xmrig's packets. How would a govt stop people from doing that? Disable buying hardware from 3rd world countries? Make hardware sale connected to a license? Go house by house to mark computer parts and somehow wish none removes them?

>>54642156
So cute!

pls help
help much needed and will be highly appreciated

is it safe to purchase coins through cakewallet, the mobile app? it almost seems too good to be true
no kyc, okayish fees
you just pay with your cc and get monero sent right away apparently

i would test it but they have a min transaction value of 38 euro, which only makes it look more fishy. and yes i cant spare the 38 eur to test it.

i know the app is included in the general paste in OP but does anyone have actual personal experience with purchasing monero through it?

thank you in advance

>>54646242
paying with cc is equivalent to KYC. Of course you could claim someone stole your CC credentials but you dont at all have a whole lot of plausible deniability.

>>54646242
dude if you're worried about 38 yurobux, you don't need to buy crypto

>>54646358
Do prepaid cards work as a go-around? You could just say you are Black Niggerton for the name

>>54641497
If anti-mining is somehow put into CPUs, I think they'll still fail to block mining. They tried to put anti-mining into GPUs call LHR (low hash rate) limiter, and from what I understand the GPU mining programs were able to get around LHR either partially where the cards were mining at a slightly diminished performance, or fully without loss of performance. GPU LHR was such a failure, Nvidia discontinued LHR and unlocked the LHR cards in Oct 2022.

>Here's a couple of random reference articles I googled:
https://cruxpool.com/blog/how-to-unlock-lhr-gpus-for-mining/

https://www.pcmag.com/news/nvidia-confirms-lhr-mining-limiter-has-been-eliminated-from-gpus#:~:text=Cryptocurrency-,Nvidia%20Confirms%20'LHR'%20Mining%20Limiter%20for%20GPUs%20Has%20Been%20Eliminated,%2C'%20an%20Nvidia%20spokesperson%20said.&text=I've%20been%20with%20PCMag,media%2C%20networking%2C%20and%20gaming.

https://www.tomshardware.com/news/nvidia-restores-mining-performance-on-geforce-rtx-30-lhr-gpus

>>54646358
cc as kyc is irrelevant in my case
>>54646379
im not buying to ""invest"" my digga

>>54646148
I imagined a baked-in LHR style final solution, not something that old CPUs can be infected with and call the police. Obviously, in this scenario corporations and gov can still buy uncucked CPUs, and the cattle only gets the LHR Ryzen 9950x that can't compete.
>>54646416
I hope it would play out the same for Monero, but if it only took a driver update to restore mining performance on those GPUs, no wonder it was easy to circumvent from the start

Bitcoiner having a crisis of faith: https://stacker.news/items/165552

>>54647907
It's over, Monero can't scale

>>54647907
saw this one the other day, had a good laugh

>>54647907
Kek

>>54647907
This cope is great too: https://stacker.news/items/165764

>>54648437

My sides. These dipshits really have no idea just how irrelevant Bitcoin has become in the privacy space, do they?

>>54647907
What if we do some type of hunger games type of thing where everyone in the chain starts at zero after 1 year let me explia


Alice: 1 monero
Bob: 2 monero
Squarepant: 3 monero


Then the entire chain gets deleted and we just stay with the final state of the chain,

Alice:1 monero
Bo: 2 monero
Squarepant: 3 monero

Is this too hard, is there another solution


Also keep in mind people irl dont keep track of who has what, what if we do something like for example for 10 mins bob can trade with alice as many times as he wants and viceversa but the final state is the last state bob transactioned with alice. So for example if alice and Bob traded 20 times outside the chain but only the last transaction gets recorded in the blockchain, i don't know if thats how lightning works but it could technically work.

If nodes could instantly communicate with quantum computers would we solve the scaling problem?

>>54649136
There is no "final state" the current block only stores information about the *most recent* transactions. To keep all coins in their respective wallets you would inevitably need to reconstruct the chain.

But I guess we could force a rule at protocol level, where after x amount blocks all wallets with positive funds would send *all of their coins* to themselves, effectively resetting the chain. I guess that's possible? Maybe?

>>54600759
where's monerochan OP?

>>54649500
Yeah basically something like that after x ammount of blocks created the chain would send itself the money, so basically we can get rid of useless old data and people still preserve their money thought i wonder if there is any negative with this idea. We also probably need a website that uses the 200 consumer goods category and divide the current providers via category to make it easyer for everyone to live off in crypto.

Is cakepay the only real alternative for the sovereign individual? , also btw can you live in china using cryptocurrency

>>54646579
>my digga
German detected
Abandon ship

anyone have ideas to get consistent sample size of onion sites?

>>54604292
I though the best ram was really important for randomx mining

>>54649513
Here she is

bros I feel really secure with my xmr

sometimes I feel bad for the bitshitters like I should try to speak reason to them but I remember, they don't deserve it honestly, some people will always lose and some people will win

>>54651479
Bitcoin has very badly devolved into the world's largest shitcoin cult.

Proposition: ETH has better untraceability than XMR thanks to Tornado Cash Nova + its capable of smart ass contracts too
How do you argue against it?

>>54651479
Some of them just don't know anything other than Bitcoin, due to being new or just them not looking much into it, so some still can be saved.
Just remember you have limited time here, so focus on the people that really could make good use of this information.
>>54652534
The cultists's downfall will be amusing, at least. All their preaching will backfire and their image will be forever tarnished. The bad thing that we can't predict is how much Bitcoin will end up doing more damage to the "crypto" term than any other cryptocurrency in the long term.

>>54651006
It helps within reason but it doesn't go on forever. Very fast memory matters more for hitting high benchmarks, not with actual mining. In practice a thoroughly OC'd machine will crash constantly just so you can squeeze out a whopping extra 3KH/s.

Uptime is most important from my experience.

https://www.anandtech.com/show/18819/intel-winds-down-production-of-blockscale-cryptocurrency-mining-chips
Why won't bitcoons buy them?

>>54618041
Why aren't you at the front lines fighting for your country? Why should a 3rd party from a far away country aid in a war you yourself don't want to participate in?

>>54600759

Your participation needed:

Global Hyperinflation. General /GHG/ >>>/pol/424102195

>>54653296
no

>>54653863
As much as I enjoy shitting on the war they started, sometimes people just want to live regular lives, anon.
Don't fault the ones who don't want war, fault the ones who do.

OK monero nerds, there's a new means of propaganda out, it's your job to start spreading Drake or Kanye singing about using Monero to buy sum weed n sheeit and how they want to fuck monerochan real hard: https://odysee.com/@fireship:6/music-industry-on-life-support-right-now:5

>>54654418
>proselytizing
>with "the hot new thing"
>Hello fellow youths!

i leaked my ip to GitHub via ssh what do
do feds have access to GitHub

Checking in from a 3day ban for dabbing on jannies, fuck kyc, fuck chainalysis and as always, fuck jannies

>infinite supply
>infinite hard forks
>cannot ever scale
>cannot be audited
>lol-tier security
>bunch of larping bagholders who obtained their bags on kraken on their iPhones
Monero is the lowest-level shitcoin possible, congratulations

>>54613904
>>54602671
Much appreciated anons, working on next weeks installment, as always, taking suggestions for future opsec topics to cover

>54655657
Infinite retardation

shinitai

>>54655160
burn all your belongings then fly to Singapore and find a clinic to change your sex and have a facial reconstruction as well (try to pay with monero). change your name by adding an 'a' to end to match your new gender.
when the above steps are done, report back and i will give you further instructions on how to proceed.
remember to only use incognito mode in your browser.
stay safe anon, godspeed.

>>54655657
Zalty

>>54600759
Advanced user privacy guide here:
https://wiki.lunardao.net/monero.html

Discusses EAE attacks,Janus Attacks, and output consolidation concerns. Also addresses mitigations, and best spending practices, many of which is already listed here

>>54655630
Why don't you use dynamic IPS based McAfee poster. You bring shame to his name

>>54655657

Based undercover MoneroChad,

>>54600932
Will it be back? It was great

>>54655657
>bunch of larping bagholders who obtained their bags on kraken on their iPhones
Oh shit! That is literally me.

Has anyone booked flights with Monero with alternative airlines? I am nervous spending X.XX XMR on something that is clearly going to get back to me but

>>54600826
I love Monero threads so much. Keep up the good work.

Will the XMR ring ever need to expand to 64 names, like on a roulette wheel?

>>54657652
I think it will be increased to 128 with the next seraphis update. Later probably to 256 and eventually it will include all the transactions in the ring. Future is bright.

>>54657763
>future is bright
>FaADE id
it's over. I am transitioning to be a znigger.

>>54657652

64 -128, possibly up to 256 with Seraphis. After that, ring signatures will likely be ditched for ZKP membership proofs.

>>54657530
I'm retarded. I forgot search engines don't work anymore and got as far as booking the flight before realising they don't accept XMR. Selling XMR for cash and buying flights it is.

>>54642156
可愛さは正義!

>>54649500
This could be seen as an audit tax or 'forced mining'which would cause a shitstorm either way.

>>54611523
ooh, i like the idea of a book club. I'll try to catch up on the coming days

I know people are dazzled by CakePay and its ability to convert Monero to giftcards (not really different than just cashing out to fucking fiat but w/e) but Cake wallet is unironically becoming the blockstream of Monero and are having no push back. Retards on reddit are all recommending cake wallet to newcomers. They only think in terms of social consensus so without significant effort to shut down Cake wallet's growing stranglehold on Monero we could literally see the project get coopted just as Bitcoin was in the coming years. Lets look at the facts:

Cake wallet is a private entity who's goal is to profit off Monero and it's community. Cake wallet uses its funds to astroturf further into the community and gain more social consensus.
Cake wallet is inherently insecure as it is on a Mobile device. Encouraging people to use them is a good way to encourage them to lose their funds.
Cake wallet owns a domain similar to the official website to collect traffic from newcomers.
Cake wallet does not use anonymous connection defaults and setting up Tor connectivity on mobile is likely insecure anyways. They discourage Tor only traffic (https://guides.cakewallet.com/docs/advanced-features/tor-with-orbot/)) which is retarded at best malicious at worst.

If you're not convinced that Cake wallet is a growing threat to Monero then I don't know what to tell you. Growing corporate control over the project should be bashed.

NEW THREAD: >>54662023
>NEW THREAD: >>54662023
NEW THREAD: >>54662023
>NEW THREAD: >>54662023
NEW THREAD: >>54662023
>NEW THREAD: >>54662023