/biz/ - Business & Finance

PREVIOUS THREAD: >>55412371

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

For the Captain!

https://redcircle.com/shows/CaptainBlackbeard

New Episode coming out mid-August!

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/

>Buy books with XMR
https://monerobookstore.com/

>Monero-only Airbnb
https://safehouse.homes/

>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

>Archetyp
>ASAP
>Astra #
>Asur Market
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>Darkmoon
>Drugula #
>FilthyFellas
>Gofish Market #
>HighSupply #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Sonanza Market #
>Squid Market
Links: https://pastebin.com/raw/6G9bxJAP


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


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED


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.

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.


>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 BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC 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

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

>>55459774

Why yes, I support PMC Wagner.

Porn of Monero Chan Wag'n 'er tiddies

i often fantasise about installing monero miners on a whole university computer labs worth of PCs and just watching my passive income grow.

its the best coin for those in the know

>>55459846
As much as I like the OP, this wash trading post is a bad look. Make the OP all about how great Monero is, not rent-free cope about how Bitcoin's price doesn't count.

>>55460287
>this wash trading post is a bad look. Make the OP all about how great Monero is, not rent-free cope about how Bitcoin's price doesn't count.

>>55460294
Not an argument. Reeeing about some other coin that Monero is superior to looks like cope.

>>55460294
Here's how it'll go:
>BTC at 17k: Bitcoin is wash traded, the price doesn't count
>BTC at 30k: Bitcoin is wash traded, the price doesn't count
>BTC at 60k: Bitcoin is wash traded, the price doesn't count
>BTC at 100k: Bitcoin is wash traded, the price doesn't count
>BTC at 150k: Bitcoin is wash traded, the price doesn't count
Any outsider watching will think the XMR threads are just a bunch of r/buttcoin members

>>55460302
>Plz stop reminding people that Bitcoin's price is demonstrably fake & gay, my bags are heavy and I'd rather not sell at a loss.

>>55460331
>>BTC at 150k

>>55460345
Screencapping this, talk to you in a couple years.

>>55460358
>Screencapping this, talk to you in a couple years.

Be sure to send us a postcard from the moon.

>>55460374
I will be sure to send everyone in this thread custom, letterpress-printed postcards.

>>55460387
>I will be sure to send everyone in this thread custom, letterpress-printed postcards.

With a photo of your lambo moon buggy attached.

>>55460420
I don't care about fancy cars. I'll send you a picture of land, greenhouses, & livestock though. We'd probably get along if you stopped piling on ad hominems, straw mans, and the like.

>>55460455
chekeked these monero niggers can’t think outside their small markets. The open ledger BTC has obvious levels of liquidity that make it way on another level than Monero.

>>55460511
I don't even think Monero is bad, I like Monero, but starting off the thread with cope posts is lame.

>>55460518
>some unelected bureaucrat decides your wallet, and specifically your wallet, may have been used in criminal activity and now it’s seized by the feds
Imagine investing in something like that. Couldn’t be me

Now that kucoin is enforcing KYC where the fuck do I get XMR? Localmonero is a meme btw

>>55459774
lmao u guys keep slutting her up more and more cuz nobody's buying

>>55460699
>lmao u guys keep slutting her up more and more cuz nobody's buying

It's over, boys, they're onto us.

>Moonfag reporting in

>>55460599
>I'm too stupid to engage in p2p commerce, so it's a meme

>>55459774
will my private node still get blockchain updates if I don't forward 18080 from my docker container or even my router?

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.

Checkout the XMR Opsec Discussion!
I haven't been able to get weekly discussions out as I would like to but were still here to spread the word of good opsec and working on future topics!
>Previous discussions
PGP - pastebin.com/K5uK4vvg
File Verification - pastebin.com/64jdYSua
Compartmentalization - pastebin.com/fduPVLmV

>>55461176
installed i2p today, will try and post on the thread tomorrow. can you really get fingerprinted by browser window size on i2p?

>>55461919
You can get fingerprinted by anything that uses CSS since it allows for dynamically loading elements depending on viewport size. All an adversary would need to do is set up a few rules in the style sheet to load certain (hidden) images/pixels when specific ranges are triggered, and you’re fingerprinted since it’s extremely unlikely you’ve dragged the window out to exactly the same to-the-pixel size as everyone else

>>55460599
btc to xmr atomic swaps?

>>55461987
>he has a 1080p monitor, we got him!

>>55459802
>>55459802
my hashrate is 2k/s and i make an average of $.03 american cents per day mining monero on p2pool through my pc which draws about 350 watts and costs me about $1.55 per day in electricity how can i profit from this?

Why we don't have degenerate gambling websites, i want something where i can gamble with DOTA, or age of empires or clash royale whatever that its as simple as putting some money and starting the competition

>>55462471

Sounds like we should start doing Poker Nights again.

As always, fuck Bitcoin.

>>55461723
Don't forget Case File Reading (https://pastebin.com/6Jgr2zsL)), that one was pretty good, too.
I feel like one on properly deleting data (both physical and electronic) to avoid forensic investigation would be pretty important to share.

>>55460903
lol have fun getting stabbed by niggers in an alleyway trying to buy this pedo coin

Still waiting for definitive proof that there isn't an inflation bug the devs are using to enrich themselves.

>>55462965
Its an open source block chain anon. Are you vaccinated or have you always been this stupid?

>>55462926
There's like 100 other ways to pay for it that don't involve meeting in person.

>>55462965
I'm still waiting on definitive proof that your mother didn't guzzle 10000 nigger cocks.

>>55462965
https://www.moneroinflation.com/

>>55462965
Still waiting for you to answer >>55431950

Dumb question but why isn't there a wrapped mechanism similar to wbtc, anons could chase yield etc on dexs until haveno finally gets built etc

>>55462926
this is xmr/g/ not USD/g/

why hasnt anybody figured out that monero replaces bitcoin? im kind of glad since i only own 2 monero so i have to to accumulate but this seems too good to be true

>>55462221
Kek early bitcoin miners made no profit just “wasting” electricity in a valueless token. Laptop prob sucks but good you get the idea of how to mine. Secures the network, electricity into crypto. If regularly using it a normal cost of business. Accept it will be worth something at some undetermined time
>>55463783
Bitcoin is an open ledger adopted by nation states and big trillion dollar asset companies. It is a huge inflation reducer yet also a in your face reminder of inflation growing massively out of control that such an asset is so valuable. Fucking fiat bankerniggers

>>55460599
Tradeogre

##################################
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

>Introducing Neveko: https://github.com/creating2morrow/neveko
>
>full-stack privacy application with gpg messaging, monero multisig and built-in i2p marketplace
>
>Still a work in progress, and pretty much an alpha. But run it, and give feedback, file issues---very much appreciated.
>
>Monero + I2P = ( THE FINAL SOLUTION to the taxman question )

Unfathomably based and agoristpilled. Kudos for going with I2P instead of Tor, this is the way.

Post a reminder in every General, this is exactly the kind of thing the circular Monero economy needs.

>>55462653
too bad you can't watch
imagine having a watchable tournament with all the gambling degenerates on /biz/

Bump for
> Seraphis
> Jamtis
> Full Membership Proofs

All these are slated to arrive in Monero in the next 15 months.

You have 15 months to get to 69 XMR to make it.

>>55465183
nobody can afford that. monero whales need to stop being such greedy kikes and let the price return to normal discovery around $25 or so instead of their fake ping pong sales back and forth to keep the price at 160

>>55465183
>All these are slated to arrive in Monero in the next 15 months.
Where do you have this estimate from?
Because it was supposed to be end of 2023 but then these new full membership proofs enlarged the scope so who knows when it's gonna release.

>>55465397
>nobody can afford that.
you had 10 years.
>>55465431
>Where do you have this estimate from?
https://odysee.com/@MoneroTalk:8/monero-full-membership-proofs:6?t=786

bumperino

>>55465512
Cheers. Let's see. From reading the weekly logs, it will be a lot of work.

>>55465183
Saved

>>55465183
>>55465397
1 Monero is 200 dollars right?

I accidentally perfectly timed the bottom to start my Monero stack, and now am in reverse-FOMO regretting I did not buy more at 133.8. What should I do, /xmr/? Should I put in more money? Even if I double my stack now, I'll be at a nice average of ~150, so it can't be that bad right?.
I'm aware Monero is a long term hold due to societal collapse, but reverse-FOMO is a bitch.

>>55465819
DCA. We will likely go back down and then you can slurp up cheapies then. Have target buy ins as well. e.g. If we get back down to 0.0035BTC I am backing the truck again.

>>55465869
>If we get back down to 0.0035BTC I am backing the truck again
same here, and that's why XMR/BTC won't hit that spot ever

>>55465888
Yeah I don't see Monero dropping below 0.005. Bitcoin is sort of stumbling sideways and will inevitably drop again and in the period Monero will gain and finally break .01. It will probably get smashed down again during the next bull run but I don't think it will be as bad as last time.

>>55464245
is tradeogre better than exch?

hey smartasses, non-nerd here.
Is revealing the sum of transaction to some other party safe? And if not, what risks does this entail?

thanks in advance, you can have this cool cat pic.

>>55465869
>We will likely go back down
How much though? The crypto market has been holding up decently for the past few months.

>>55466206
What do you mean by sum of transactions?
>>55466279
>he doesn’t know
2008 part 2 is happening soon (eventually) (two more weeks), and this time around the big boys have a fuckton of BTC and ETH as off-the-books value which they’ll dump completely before they touch their GOOG and KO stacks

>>55466322
>2008 part 2 is happening soon
Quick rundown?

>>55466378
The Big Short’s explanation of 2008 is that banks made a bunch of bad loans to people who couldn’t pay them which then made a ton of derivatives based on those mortgages worthless. The Fed and government averted a full blown crash by bailouts and “quantative easing” (which is the technical term for what biz calls the money printer). They’ve been doing this QE continually since 2008 up until about last year when the Fed realized that the dollar is kill if they don’t stop and raise interest rates instead
The same MBS crisis is likely to happen to commercial real estate soon, by the way. That’s why you hear so much kvetching about remote work

>>55466762
nothing ever happens, I've been hearing this ever since covid and still no 2008 part 2

>>55466762
I've been humbled by the Fed's ability to keep reinflating the bubble despite my own predictions of a depression. I have no idea if they will be able to reinflate everything again by dropping interest rates back down to zero.

Assuming my Monero doesn't plummet to the same degree, a real estate collapse would actually be nice as I might be able to snag a cheap piece of land from some over-leveraged real estate investor or second-home AirBNB people.

>>55466883
I should add that the Fed’s decisions affect nearly every single part of the economy since they dictate how expensive it is to borrow money. It’s not a coincidence that diversity chiefs are getting fired across the board and movie studios are in serious financial shit and boycotts are finally having an effect all at the same time the Fed derailed the free money train

I have a question, hoping to get an answer.
I hold a few XMR, Not a lot (40), but enough to know I need to hold some in my bags.

We know the world is fake, the paper contracts of Silver and Gold... The derivative contracts that go on and on and are un-hypothecated. There needs to be solid ground. With the Blackrock Bitcoin ETF, it will fail off the start, as they can say "We hold 5000 BTC" show me on the block chain your actual holdings!!!
They can't and won't...If they say "We hold Gold" we have to take them at their word... in BTC it is all open, we can see their bluff.... and the house of cards falls...

My question is with the privacy of XMR, what is hiding that bluff? How does one ensure a ETF of XMR cannot be gammed? It is a "Trust me, it is there"


I am not fudding or shilling, just looking for a discussion.

>>55467249
>I hold a few XMR, Not a lot (40),
Don't disclose
>My question is with the privacy of XMR, what is hiding that bluff? How does one ensure a ETF of XMR cannot be gammed?
In theory you can do exactly the same as with BTC, you give people view key and say look we hold this much xmr.
But as far as I know the view keys atm don't work that well and are another thing seraphis is supposed to fix.

>>55467249
>How does one ensure a ETF of XMR cannot be gammed?
view keys I guess.
But if Monero does enter this world of derivative contracts then there is no controlling it. Jews are going to jew.
Instead, focus on learning more about Monero, helping the project as best you can, and improving yourself for the future dystopia hell that we are basically already in.
>>55467313
>But as far as I know the view keys atm don't work that well
the issue is that you can't see outgoing transactions (e.g. if I do a sweep_all this wouldn't show in the view key). However seraphis will indeed fix this.

>When he's not yet on Monero.town
What are you even doing anon!?

>>55467249
To be honest, crypto was not designed for custodial services at all. If complex financial tools or markets require custodians? So be it. Wait for a non-custodian solution to arrive.
If you want to link two markets, maybe custodian solutions are acceptable. But I feel like it'll only be exploited. Deny them before you can. They aren't going to comply with whatever feature the community implements for the auditability of custodianship. Hell, they don't even do that with transparent chains. Binance already runs fractional reserves on smaller liquidity coins. They are a large company supposedly with enough cash, so they simply don't hold tokens 1:1. It's not like anyone's going to go into the analytics of it.
They don't even do that for Bitcoin on medium-small scale exchanges. Most of the volume there is fake. And the spreads are huge compared for the supposed liquidity. Why do you think any other coin is going to get better treatment?
It might be a blackpill, but large scale institutions now do more for the entire cryptocurrency ecosystem than anything else. If it wasn't for them, people couldn't gamble on 200x leverages. If it wasn't for them, the FED's money wouldn't inflate everything hundredfold. If it wasn't for them, we wouldn't have crypto bankruns. If it wasn't for them, we wouldn't have 70-90% of all Bitcoin tainted with KYC. If it wasn't for them, regulators wouldn't view cryptocurrency as yet another novel financial asset to be assimilated into tradfi.

Blackrock ain't touching this shit so neither am I.

>>55467557
very cute. moar adolescent monerochan pics!

>>55468569
OK jew

>>55468569
>Blackrock ain't touching this shit
good. xmr's privacy keeps the bankster jew away.
I call this phenomenon, "Gresham's shield".

>>55459871
https://files.catbox.moe/urgxbj.gif

>>55468569
>Blackrock ain't touching this shit so neither am I.

Moonfags are a plague.

>>55461122
yes, you will effectively be a leech in the context of p2p-filesharing
data comes in, data doesn't come out
good for home network, not good for the monero network as a whole

>>55469963
makes sense, thanks anon

ChatGPT prompt (1/2):

>Can you please write a polite letter to a business espousing the benefits of accepting Monero natively as a payment option for services rendered?

Dear [Business Name],

I hope this letter finds you in good health and high spirits. I am writing to express my sincere appreciation for the quality services your business provides. As a loyal customer, I have always admired your commitment to staying at the forefront of technological advancements and meeting the evolving needs of your clientele.

I am writing today to propose the adoption of Monero as a native payment option for your esteemed business. Monero, a privacy-centric cryptocurrency, has gained significant popularity in recent years due to its unique features and advantages. By incorporating Monero as a payment method, your business can reap several benefits that align with both customer demands and the evolving landscape of the digital economy.

1. Enhanced Privacy and Security: Monero offers unparalleled privacy features that ensure sensitive financial information remains confidential. Its robust cryptographic algorithms and ring signatures make transactions untraceable, safeguarding the privacy of both customers and the business itself.

2. Global Accessibility: Monero provides a seamless, borderless payment solution that transcends geographical limitations. By accepting Monero, your business can tap into a global customer base and attract international clients who prefer the privacy and convenience of cryptocurrency transactions.

3. Reduced Transaction Costs: Monero operates on a decentralized network, eliminating the need for intermediaries such as banks or payment processors. This decentralization results in lower transaction fees compared to traditional payment methods, saving your business money in the long run.

(2/2)

4. Swift Transactions: Monero's blockchain technology enables fast and efficient transactions. With near-instant settlement times, customers can enjoy prompt payment processing, ensuring a seamless and positive experience with your business.

5. Embracing Innovation: By embracing Monero, your business can position itself as a forward-thinking and innovative establishment that adapts to the changing needs of the digital age. This initiative will not only attract tech-savvy customers but also contribute to your business's reputation as a progressive leader in the industry.

I understand that incorporating a new payment method involves careful consideration, and I encourage you to explore the feasibility and potential benefits of accepting Monero. To assist you in this endeavor, I would be more than happy to provide additional information, arrange a meeting to discuss the matter further, or connect you with experts in the field who can address any questions or concerns you may have.

Thank you for your time and attention to this matter. Your commitment to excellence is evident, and I have no doubt that embracing Monero as a native payment option will bring numerous advantages to your business. I look forward to the possibility of engaging in Monero transactions with your establishment in the near future.

Please do not hesitate to reach out to me if you require any further information or if there is any way I can be of assistance. Thank you once again for your consideration.

Yours sincerely,

[Your Name]

Infinite, unauditable supply lol

>>55471054
Don't post reddit tier chat-gpt nonsense. They prove nothing, and they aren't even entertaining in an anthropological sense, since these models have been smashed and slammed by rlhf, turning them into something other than an internet regurgitator.

>>55472537
>based undercover monero extremist employing cheap fud to liven up the thread

Follow Cap'n BlackBeard on dread: http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/d/CaptainBlackbeard

MAKE THE DARKNET GREAT AGAIN

why are people saying the official wallet GUI is unsafe? so i cant even create and use a wallet on my computer because the keys will be on the hard drive technically attached to the internet? why did they even make this the official wallet then

>>55472798
>why are people saying the official wallet GUI is unsafe?
who? where?
that's retarded.

>>55468798

>>55472830
>HNNNNNNNNNNNNGGGGGGGGGG
sauce??

> 1 XMR == 1 sex slave

>>55472813
they say not to leave keys of your wallet file on anything connected to the internet

>>55472962
well yeah that's good advice. don't leave your seed in a file on your computer. has nothing to do with the gui.

>>55472844
>sauce??

Me. The sauce is me.

>>55459774
What happened to Monero chan

>>55472830
>sauce??

I am the cook.

>>55473002
based sd-webui anon

>>55472978
no i never leave the seed in a file but im worried about the keys in teh wallet file which is saved in a regular folder on my desktop. should i make the folder encrypted? does the password option on a wallet encrypt the keys or is it just to keep nosy people from seeing your balance

>>55473142
it's encrypted, but if they have your wallet password they can decrypt it.
Your seed phrase actually is your private key.

>>55472688
I'm holding fast for the new episode coming this summer. Also, some more talented chad need to make some Blackbeard & monerochan art

>>55459774
Is this human-made art, or did AI gain the ability to do hands?

>>55473205
is the GUI wallet the safest or best one?

>>55473337
AI can do hands sometimes

>>55469635
That's par for the course maxipadism

>>55473403
I love how maxis transitioned from being edgy anti-system libertarians to sucking off SEC and the Big Black Rock. You either die a hero...

>>55472830
>>55473002
>>55473365
An hour of my GPU running at max resulted in these beauties: https://imgur.com/a/62tne7A

>>55473416
i'm pretty sure ogs have jumped the ship a looong time ago. what we're seeing now is just speculation. tech wise bitcoin is outdated even for a technology as novel as blockchain so i really fail to see why anyone would still own a stake in the network. monero might not last forever but it sure as hell is bleeding edge right now.

>>55467557
the format of reddit is cringe but as long as you have decent moderation i wish you luck, buddy. glowies will have a field day with you. stay vigilant.

Revolutionizing Privacy: Luke, Sarang, Aram and Reuben on Full Membership Proofs

https://odysee.com/@MoneroTalk:8/revolutionizing-privacy-luke%2C-sarang%2C:5

>>55473693
i've wanted to diversify my crypto holdings for years now but there's just no good options. BTC fails at its intended use case, is slow, not fungible, can't scale, risk of tainted coins, etc. ETH is a captured, centralized POS (piece of shit) coin, no different from a tech startup. The rest of crypto is securities, scams, no use case, etc. I hate to put all my eggs in one basket but the options other than monero are fucking terrible

>>55474116
You are not supposed to diversify in crypto, everything tracks the bitcoin price anyway. Diversify outside of crypto

>>55474116
i agree however i do hold some governance tokens on arbitrum. for now the only two use cases for smart contracts i see are domain names and governance (because of how transparent most chains are). i also hold some tezos but sadly nobody really develops anything on it. also incognito wallet token because it's currently best and easiest to use cross chain dex imho. in general i agree with you - most projects are cashgrabs. monero is one of those rare gems that actually delivers. my only concern is it getting subverted in the same way bitcoin did.

>>55474116
>>55474116
Seconding the diversify outside of crypto.

Bitcoin and Monero are the only things in crypto I can stomach holding.

>>55459840
So is i2p like tor v2?

wownerobros...............where did we go so wrong?

>>55464629
>Introducing Neveko: https://github.com/creating2morrow/neveko
>
>full-stack privacy application with gpg messaging, monero multisig and built-in i2p marketplace

Quoted for awesomeness.

>>55464850
>too bad you can't watch
>imagine having a watchable tournament with all the gambling degenerates on /biz/

Spectator mode is definitely something worth asking for.....in any case, gambling is absolutely a major killer app for XMR.

>>55474585
>my only concern is it getting subverted in the same way bitcoin did.

Keep the moonfaggotry at bay while enforcing an anti-authoritarian cypherpunk ethos and Monero will be fine.

>>55475099
>>Bitcoin and Monero are the only things in crypto I can stomach holding.

Holding Bitcoin would keep me up at night, knowing the price is being propped up by fraud and the speculative mania generated by that fraud. No thanks.

>>55475386
>So is i2p like tor v2?

Its more like a Tor that is specifically designed and optimized for hidden services only. It also scales better with more users because everybody has to contribute bandwidth instead of just leeching it as per Tor.

>>55475552
Member when wow bagholders were shilling how 70 cents is the bottom?
They were quite crossed with me, calling out their bs.

In related news, a potentially devastating ZKP tech vulnerability has just been discovered.

>The zero-knowledge attack of the year might just have happened

>Last week, a strange paper (by Wilson Nguyen et al.) came out: Revisiting the Nova Proof System on a Cycle of Curves. Its benign title might have escaped the attention of many, but within its pages lied one of the most impressive and devastating attack on a zero-knowledge proof (ZKP) system that we’ve ever seen. As the purpose of a ZKP system is to create a cryptographic proof certifying the result of a computation, the paper demonstrated a false computation result accompanied with a valid proof.

>There was the 00 attack (by Nguyen Thoi Minh Quan) but it targeted a bad (plonk) implementation (which accepted the value 0 as a valid proof, always). There was also the counterfeiting vulnerability on Zcash discovered in 2018, and which could have allowed anyone to produce false proofs for their circuits, due to a vulnerability in the setup phase of the original paper.

>But since then, nothing. And then just last week, one of the most important implementations of a ZKP system, Nova (from Microsoft nonetheless), got casually broken. We’re half way through 2023, but we’re pretty confident that it’s going to be hard to top this one as ZK attack of the year.

>Note that Nova was fixed, and that the attack came with a security proof for the fix. Furthermore, Nova is one of the cleanest ZK implementation, accompanied by one of the most well-written paper in the field. If there’s one take away from this, is that these systems are complex and that no one is immune from bugs.

https://www.zksecurity.xyz/blog/posts/nova-attack/

And that, kids, is why you don't fuck with insufficiently tested cryptography, its a recipe for disaster. Fortunately BP+ use well-understood primitives so we're not dealing with Zcash-tier moon math here.

>>55476684
How can you hire the people that came with these attacks?
Do you just go to top PhD cryptographers and hope they accept your offer?
How many people even are there that can write proofs/attacks of these complex systems?

>>55476766

For-hire auditors are a thing, the Monero team makes regular use of them.

There will always be bugs, the more time that passes without a devastating one being found the more confident you can be it isn't there. But you can never have 100% assurance.

>>55476684
>clean
>well-written
>macrohard
this guy wrote a satire article and we didn’t even know

>>55459774
test

So what happens to this alt when lightning network becomes the privacy default?

>>55478429
It continues on as usual, unless you can point to any dnm’s that accept btc lightning for payment then we might start getting concerned

>>55478429

>what happens to P2P digital cash when Bitshit's pseudo- corporate banking system becomes the default?

>>55473467
>https://imgur.com/a/62tne7A

>>55472830
>>55473467
cute!

Just use CoinJoin, faggots. Token not required.

>>55481263
Kek retard

Ahem....
FUCK CHAINALYSIS
FUCK THE IRS
FUCK GLOWNIGGERS
FUCK KYC
FUCK PARASITES
>ACQUIRE AND USE XMR. SIMPLE AS

>Your node is (9.0) years behind
What's going on? I haven't opened this in a while, but we're talking a couple of months, not 9 years. I'm using a remote node.

>>55482170
>(3%, ... left, 0% of total synced, estimated 16.5 hours left)

>>55482170
>>55482208
use another remote node
use featherwallet.org

>>55465397
>noone can afford 11k usd worth
lol

>>55482170
9 years means you're having it sync the whole chain singe genesis.

You don't need to do that, you should have written down your restore height (the block height when you made the wallet, bc it's pointless to check for transactions from before the wallet existed) just restore from that height.

If you don't remember, just rescan from block like 2,000,000, that was a few years ago I want to say mid 2020 (no i did not check or do the math on that)

>>55473346
They are all built off of the same skeleton, the GUI is just a "face" for the command line wallet, it's just easier for less technical people to use.

The only thing that makes one wallet safer or less safe is who could possibly access the machine it is stored on. It all breaks down to how secure YOU are. This can include

>do you use this machine for anything else at all? have you ever used it for anything else at all?
>Is the laptop loaded with dozens of "SUPER ROCKEM POKER" and "RGB LIGHT CONTROL XTREME" goyware programs, or is it a clean install of an up-to-date OS?
>if it's Windows, have you gone through the steps to de-bloat it? (just don't use windows, honestly)
>is it always on, if so, is it always connected to the internet?
>who could physically get to that laptop
>where on the system is the folder containing your wallet files stored (learn this)
by default it will be in a folder named ".bitmonero" but where that goes on windows I'm not 100% certain.
>how can you hide that folder elsewhere
>how can you make backup copies of that folder
>how can you secure that folder from skilled attackers who have direct access to it?
>how old is the drive storing this data, could it fail? Do you have backups?
>What if the building they're all in burns down, do you have backups elsewhere?

and another, incredibly critical step
>did you make sure to write down and secure your 25-word mnemonic seed phrase?
>did you REALLY make sure to secure it? So you won't forget or lose it, even after a decade?
This is the random word data you can use to re-generate your wallet on any machine anywhere at any time.

Anyone have experience selling Monero through cash app on local Monero? Need some extra liquidity at the moment but I want to make sure I pay my taxes. If I keep it under $4k sold will I need to remind the IRS of these payments or would my account be flagged?
P.s. I love Israel.

>>55483845
Had me for the first line kek

>>55473002
you are cooking using my lora!

>>55483845
You know that gibberish of a sentence the wallet code outputted when you set the thing up and told you to put it in a secure place? That’s actually something the IRS uses to calculate your tax basis correctly, I’ll have to look for the exact form but you’ll need to send that in along with your annual returns.
I love Israel too!

>>55459774
bump

Your participation needed:

Global. Hyperinflation. General. /GHG/ >>>/pol/433530891

What will launch XMRs price in the future?

1) Popular billionaire tweets about it
2) Major court case
3) CBDC evasion
4) Global economic collapse
5) Monerochan

Why does this take so long and fail half the time? After a failed attempt it usually successfully creates a transaction quite fast after one reattempt. Official gui, local node.

>>55487043
>What will launch XMRs price in the future?
>
>1) Popular billionaire tweets about it
>2) Major court case
>3) CBDC evasion
>4) Global economic collapse
>5) Monerochan

6) growing organic demand

>>55462926
Purchasing XMR with cash via mail is easy. It's also very safe. Consider what type of person buys anonymous cryptocurrency with cash by mail and ask yourself if you want to show up at their house.

>anybody see you come up? good. why don't you come around back to the hog killin' shed

>>55487043
All of the above

>>55487043
Large underground crime organization / group of organizations start dealing using exclusively monero (think mexican drug cartels, russian human smuggling rings, chinese organ farms etc.). Governments / law enforcement tries to ban or restrict the trade of monero since they're getting justed by the criminals because they're unable to track their finances but they inadvertently bring huge amounts of attention to monero causing a huge uptick in organic demand from average people. This is the most likely scenario.

Soooo.... no proof there isn't an inflation bug that the devs are exploiting?

That's what I thought.

>>55487793
none at all pls don't buy monero its all mine, nigger

>>55487593
I literally sell xmr, btc, ltc, ETH for each other and for cash on BISQ using a private mail box that is 3 hours away in a different state.

Everyone pays up properly, I use a counterfeit detection pen on the cash and all of the people I trade with are a cut above the normal person. Just like me.

>>55487849
I'm curious if you have any experience with renting a mailbox with cash/no id. I get the feeling the mail store won't just do that and might need an incentive to do so, if they'd do it at all.

A friend of mine used to work at one and he said if police ever started sniffing around he'd do all he could to protect his customers and not give anything without a warrant. When the customer they were looking for came back, he gave him a heads up. I don't think my friend is necessarily the norm in that business.

>>55459774
Lets talk price action since OP is a faggot

We got Major support at 130. a bull attempt to moon utterly wrecked at 170. We lookin strong dare I say moon bound. However it appears we are entirely whale driven. Not as severe as BTC with trillions in market cap - don't need Saudi fucking Arabia type money to enter the fray like BTC does (and will have), maybe they will?
>Liqudity
Liqudity appears to have bottomed in May for Monero during the great jew FTX bear market.This caused a drop where the aforementioned support level, and a liquidity month over month gain.
We go to the moon, Gentlemen.

Moonfags get the rope.

>>55487793
https://www.moneroinflation.com/

>>55488014

TA is about as accurate as astrology, especially in a market this manipulated.

>>55489031
>Moonfags get the rope.

Based.

>>55487747
>Large underground crime organization / group of organizations start dealing using exclusively monero (think mexican drug cartels, russian human smuggling rings, chinese organ farms etc.).

This is already happening, South American cocaine cartels are now accepting XMR in exchange for shipments to the European market on behalf of Italian organized crime.

Seems inevitable that as word spreads throughout that particular grapevine that we'll see a criminal circular economy develop, just imagine the demand as transnational criminal syndicates start building strategic XMR reserves, this is essentially the shadow economy equivalent of institutional investment.

Best part is, there's no pesky regulations to worry about, OC doesn't have to play by the rules.

>>55487793
>Soooo.... no proof there isn't an inflation bug that the devs are exploiting?

Consistent issues with suspended withdrawals on CEXs seem to suggest a lack of supply rather than an overabundance.

>>55459774
What is the ethnicity of Monero-chan?

>>55490630
latina mamacita

>>55490630
100% Spanish

>>55487067
Seems like a lot of factors could be involved, what CPU / disk / memory? Large number of outputs for the particular transaction? Hardware wallet used in which signing is performed on the potentially much-slower-relative-to-your-computer's-CPU embedded device?

>>55490630
she's an Esperanta

>>55459832
localmonero i2p down?

>>55492417
try this link, got it from the clearnet site

http://yeyar743vuwmm6fpgf3x6bzmj7fxb5uxhuoxx4ea76wqssdi4f3q.b32.i2p/

Hey bros I was wondering if any of you could help me I owe 8k to loan sharks and I can't work because I'm taking care of my dad full time
I know you guys are helpful when you can here's my adderess

8B9Fee3R634PHcCv5wyhVYXmpBW5yFxNQiNQxNhhkMrc1gRcEXSwec59sGjuBuwwcY5MHttsgWJKRdQ42bRmLfVJBFEi2st

>>55490630

>>55493998
She's cute.

Ryzen Threadripper 1950X is $270
5950X is half off for $448.
how much better is the hashrate on the 5950x? if it wre still $900 i wouldnt even consider it

>>55475617
slap mark is in the wrong direction (since monerochan used her right hand)

>>55488014
I don't really care about price much, but I'll bite.
>However it appears we are entirely whale driven
What makes you think this? I always thought the driver of price would largely (for now) be black markets. Cocaine backing and all.

How do you think people actually using monero, particularly for black markets, will affect price? I've heard that a lot of darknet sites have been down recently? I only have actually bought stuff on the clearnet with monero so I don't know much about darknet markets. If they have come back up, do you think that could be helping the price? I'm curious to know if anyone has attempted an audit of all of the darknet markets they can find and has some kind of estimate of market share.

On a related note, is price/volume data on sites like coinmarketcap just what is provided by whatever exchanges they happen to integrate with? I can't imagine much data is provided to them by localmonero. Are the XMR charts uniquely unreliable due to the suppression on exchanges?

>>55493735
I just get "Can't create connection to requested host, it may be down"

>>55493978
Please if anyone here reads this I need help I'm in dire straights.

>>55494097
I have a 3950x I've been wanting to sell. Works, never overclocked, just finally upgraded to 5950x. Planning to put it on mm.io for 1.25 xmr. You in?

Can somebody please explain to me why anybody will still use this once Bitcoin perfects its privacy? I'm just not seeing it.

>>55496163
Bitcoin can never be private, nobody can modify or change bitcoin whoever perpetuated this larp is a massive liar.

>>55462653
I would play this easy.

>>55496174
>>55496163
It would be a good thing if Bitcoin adopted privacy tech at least on Monero's level. However the incentives will never actually allow that to happen. The people pushing Bitcoin would never do it, and their community would never go along with it. Bitcoin maxis have an extremely conservative culture, to do something as big as implementing actual on-chain privacy would be a radical departure from where they're at today. It is far more likely to die as a project before making that kind of change.

>>55496358
They would also need to fork the chain yet again which would be a waste of time.

>>55493978
>>55495346
kys

>>55496163
>>55496358
In this regard there's two kinds of rights. The right to keep the state out of your finances, and the right to audit the state's finances. Monero goes for the former, Bitcoin pursues the latter, both are important.

>>55496516
Fuck you man I'm beyond help at this point.

>>55496524
>I'm beyond help
No point in helping you then

>>55496533
You wern't anyway.

>>55496540
I did told you to kys, you should be paying me for the valuable advice.

>>55496551
>ESL detected

>>55495346
Why you always begging?
I could use help but I don't demand it.

>>55496690
No, I'm just phonefagging and made a typo

Would this effectively create a wallet without the keys being exposed to the internet?
>Have a mac
>Erase all content and settings, reinstall OS
>Install Monero GUI
>Disable Wifi and bluetooth
>Create wallet
>Erase all content and settings and reinstall OS

>>55487067
mine always fails on first attempt, after that it goes instant

>>55497685
you can do pretty much the same on a tailsOS usb-stick device

>>55497784
I see, thanks

>>55473002
Share the lora.

what if someone were to convert a bunch of XMR into fiat and the person just said that they got the XMR through donations or some nft sale? would the glowies size his money?

>>55496174
My friend, you ask, but do not give.

>>55473002
>120 steps
LMAO, you don't need all of that
>>55483910
share it.

>>55498591 (me)
>>55498811 (me)
Nevermind, I found one on Civitai.

>>55496551
why are you such a cunt

>>55498826
yea that's mine

>>55498872
He's a pajeet Lebanon posted his XMR addresses thou so I get it.

>>55459774

Your participation needed:

Global Hyperinflation. General /GHG/ >>>/pol/433759870

>>55469635
How would a corruption of BTC actually look like? Just become a whale and push everyone into LN channels owned by them?
Gain control of core to mess with tokenomics? Hard fork as a "downgrade"?
Like what is going to keep maxipads on the line:
>le blackrock institutional investment next level shit
>austrian economics with 21 million BTC maximum
?

>>55469635
I hate this clown world.

>>55500584
It is already corrupted through KYC and chain analysis. They can, with a pretty high degree of certainty, trace payments through the network to particular people. This can "taint" any address that they're connected to and is something that is already happening. Another easy nexus of control for the state is the miners themselves. These operations are fairly large with high capital investment, it isn't like they're unknown to the state. It requires specialized hardware and a significant amount of power. If you want to stay in business as a miner, you better submit to our financial regulations. There are ways around this because of the global nature of the network, but states in general want to have control over money so they have an incentive to crack down in their own country. The LN as well will most likely end up looking much like the current banking system with particular nodes most people are connected to.

The state having information makes it much easier for them to act. You ever notice how many government generated statistics are used in an attempt to expand their power? If no one actually had those statistics, they couldn't be misused. There's a similar case with BTC or any transparent blockchain. Access to the information makes control much easier. With that information they can do things that also minimize the usefulness of BTC, like taxing transactions using it or capital gains from holding it.

The best part about XMR is that it forces the state to make their means of control explicit. They can't just stop your payment or garnish your assets when you try to cash out (not that you should) because you are linked to someone they don't like. They have to actually show up at your door and demonstrate the force they're willing to enact. It is kind of scary, but also a ton more resource intensive.

>>55501450
>They have to actually show up at your door and demonstrate the force they're willing to enact
This is assuming they’re (a) able to connect a wallet to you, (b) able to identify wallets associated with Bad People, and (c) able to identify transactions between arbitrary wallets, which to the public’s knowledge has not ever been done. xmr will be safe for a /very/ long time

>>55501819
I'm more thinking about something like an actual brick and mortar business. I'm sure you can cook the books and keep them hoodwinked to a degree, and that most businesses would just pay their taxes since they don't want state thugs to come demanding "protection" money. However, if you didn't pay taxes, they'd at least be suspicious of you since you have that physical store. You are correct for any random person though.

MERGER IN THE BLOCKCHAIN


KASPA AND MONERO MERGE

KASPA FORK: THE UNIFICATION, PERFECTED PAYMENT LAYER

So I"ve been told by some folks that Monero is fundamentally flawed and that Zcash is actually the leading privacy coin.

Tell me why this is wrong lest I ape into the wrong coin.

>>55475552
the retard devs keep forking and not letting anyone know then taking down their forums and website its a giant mess everyone who runs that project is a grade A retard tranny biden voter

>>55503082
I imagine it’d be quite like cash in that case because it’s hard to concretely prove anything if you don’t have the right keys
>>55503096
So I’ve been told by some folks that people actually go on the internet and tell lies just to get a rise out of others.

Tell me why this is wrong lest I take this post seriously

>>55503125
>I imagine it’d be quite like cash in that case because it’s hard to concretely prove anything if you don’t have the right keys
Yeah but there's still tons of ways they can intimidate or make people's businesses illegal if they don't give up those keys, especially post-seraphis and having actual view keys.
>Hand over your view keys, or we revoke your business license
>Hand over your view keys, or we'll take you to court for money laundering, if you still refuse to prove your innocence we'll hold you in contempt of court
>Hand over your view keys, or else
You get it.

Like I said though, this is still a preferable state of affairs as opposed to the status-quo. At the moment, they don't even have to do any real investigative or enforcement work for this kind of thing. They get tipped off by financial institutions and those same financial institutions will do their dirty work for them. It is much more efficient for them than it would be if everyone used Monero for everything. It doesn't fully solve the $5 wrench attack (some friends and guns are better for that), but it puts the rubber to the road. The state couldn't hide its intrinsically violent nature anymore by having financial institutions "garnish" (steal) funds from customers on behalf of the state. Employers wouldn't need to snitch on their employees anymore and report their income taxes, etc.

>>55498872
Because he was e-begging all over the board.

>>55503104
What'd they do now? Last I checked was the solo mining thing, but haven't been in the loop lately.

>>55503322
Yeah he was, i don't get it we all need help also why namefag and beg, seems counter intuitive.

>>55467249
It is possible make a reserve proof relying on key images, the exact mechanics of which I forget. Releasing this as public information would pollute ring signatures somewhat (doesn’t matter all that much now with 16 or 128 mixins). It’s in Zero to Monero 2nd edition and cli wallet. I don’t know of any centralized exchange or other custodial service actually USING reserve proofs though, and I doubt they will.

BUMP FOR

>SERAPHIS
>JAMTIS
>FULL-MEMBERSHIP PROOFS

After these Monero upgrades, bitshit will be pushed to solely PONZI use-case (ngu, buy and hold); while Monero's use will spill over from the Darknet Markets to IRL Markets.

Get 69 Monero before all these in order to make it.

>>55504589
>After these Monero upgrades, bitshit will be pushed to solely PONZI use-case (ngu, buy and hold);
Has nothing to do with bitshit. They are NGU no matter the tech of competition.
>while Monero's use will spill over from the Darknet Markets to IRL Markets
Again I don't see how it's a game changer for white markets.

Don't get me wrong it's going to be really cool but so are swaps and look how little impact they have on anything.

>>55504756
seraphis + jamtis will bring in privacy preserving light wallets and fully-featured view only wallets. These two will make it much more easier to use Monero from the normies' point of view.

Full membership proofs will dispel the last remaining FUD (and admittedly the achilles' heel) of the Monero's privacy stack.

These two will enable more use on the darknet, which will also spill onto the white markets, IRL markets, online digital stores, etc. etc.

>>55504790
>light wallets and fully-featured view only wallets
I guess not syncing everytime you want to do anything could be a gamechanger.
>Full membership proofs will dispel the last remaining FUD
Don't think so. You are operating under the assumption FUD is rational which it isn't.
There will be different FUD. Look at the "inflation bug" FUD that has been proven to be bs so many times.

MONEROMARKET.IO

>>55503096
You can see the stats no uses that garbage shitcoin that already an inflation bug

>>55498757
Do it little by little or use diferent people

https://i.4cdn.org/wsg/1688914682728088.webm

Monero FUD is at an ATH. What does this mean? Even Monero's CMC page is full of FUD comments written by jeets and influencer bootlickers.

This makes me consider acquiring some more, even at the current price.

>>55494724
Say the darknet revenue in xmr is 500 mil per year. Thats a generously high estimate. We have trading volume across exchanges at 50-80 mil per day. The amount of Monero changing hands in trading volume dwarfs darknet revenue. So the price remains speculation driven, whale driven as trading volume can even spike into the 10-20 mil range in a couple min span. This is because there is a known market similiar to precious metals where you know x country is buying y amount per year, you can arbitraily float price higher to make the new buyers pay a premium.
TLDr: Whale fight

You can also factor it out if it is a constant

>>55506022
>Say the darknet revenue in xmr is 500 mil per year. Thats a generously high estimate

Bear in that the darknet economy is gradually going Monero-only, so that number will go up accordingly.

>>55489031
>>55490491
Don't lie, you're in it for the money too.

>>55506746
>Don't lie, you're in it for the money too.

It's not a priority. Sure, it wouldn't hurt to make it. But that still doesn't mean we should tolerate or encourage moonfagging.

>>55506808
>I was the anon who suggested she looked like Boris from goldeneye
That's my contribution to this board.

>>55506815

Based.

>>55506808
the success and usecase of monero is based on the principle that fiat money is unsustainable and will neccesarily hyperinflate

and the fact that bitcoin is too stupid to succeed and doesn't function as currency

and that gold is too immobile

if you aren't a "moonfag" for monero then I consider you misinformed

I see us at 4000 dollars in 2 years, it wouldn't surprise me in the slightest

>>55509637
Moonboys are bad because they contribute nothing other than "number go up" posting. The ideal mindset to have is to understand digital cash as an idealistic goal, and to support the project that best gets us there. Crypto is overrun with wall street bets retards and stinky pajeets. None of the short term valuation matters in crypto because most projects are rugpulls and most people aren't serious about actual use case.
>the success and usecase of monero is based on the principle that fiat money is unsustainable and will neccesarily hyperinflate
I don't believe fiat money is going away any time soon and think hyper inflation is a "two more weeks" meme. The show will continue and there won't be a sudden collapse. It will be a slow erosion of purchasing power.
Monero's success and usecase is based on it being digital cash. Its scarcity is indeed a benefit, but this doesn't have to do with its success and not really with its usecase (other than long term holding).
>and the fact that bitcoin is too stupid to succeed and doesn't function as currency
Bitcoin is still the safest hold in crypto and it does function as currency, even if poorly. People are fucking stupid and will walk right into using cucked second layer solutions if Bitcoin succeeds in the long term as a global currency. The actual technology doesn't really matter. The point is moot though because Bitcoin can succeed or fail for all we care, but Monero (and digital cash) will continue.
>and that gold is too immobile
yes, though holding gold and silver is a based hedge.
>I see us at 4000 dollars in 2 years
It's surely possible, but if it doesn't happen, we will still be here. That's the difference between being a monero chad and a moonboy.

>>55509795
half of the dollars in circulation were printed a few years ago

it's gradual until it isn't

in a few years we could have wheel barrels in the streets

>>55509795
bitcoin will inevitably fail, it is impossible for it to succeed, it will be a distant memory in 10 years

I definitely recommend holding gold and silver, I just bought an ounce myself as I believe it was good timing with the brics currency, and general state of things, but for actual commerce, on a global and even regional scale it is questionable

monero is basically perfect, it makes sense to be extremely bullish

still mining

So how can anybody be sure this hasnt already been cracked?

Its not like the glowniggers would tell you they had.

>>55510421
you're mom told me last night while suckign me thru my jorts (she also sucks off the CEO of monero)

>>55459846
this is why price will raise exponential cause there are too many people involved in btc and they don't want it to lose

>>55510544
banks are going to pump and dump on them before 2030 and it will be dead, totally done

Bitcoin will not die, the dollar will not die, the 2 more weeks narrative was the hope people would revolt against this shitty economy but so far until americans start starving they will not revolt against the ponzi scheme of the dollar, they don't need too because in the end all the countrys in the world still use the dollar and all the fiat alternatives still suck compared to the dollar, the dollar dominance is still too high to be eroded at least in the next 10 years and the most important industrys which are cheaps and petrolium are not going to get eroded, maybe if electric cars become stellar the next couple of years and chinas electric cars become the default or lets say we achieve fusion we can finally have a peacefull transition away from petrolium however the fall of petrolium would hurt russia more than it hurts the usa, basically the economy of the usa is too diversified to be affected if some markets are disrupted and the kikes in power proved with the interest that no magic internet has enough power to make you self sufficient, heck in the end most farms rely on goverment subsidies, what i am saying we are stuck with globohomo world and the world order will not be disrupted maybe on a long enough time scale but at that point it doesn't matter because all power diffuses as time passes, anyways the only bullish thing for me is the fact the long term goverment bonds have lower interest rates than short term goverment bonds so i don't know the implications for the economy but we are not seeing the fall of the us dollar, the only thing i personally could see happening again is if japan started to outcompete the americans again but i doubt it.

>>55511111
Giga checked, Americans are fucked hyperinflation will kick in and they will all die as deserved.

>>55511111
Fucking
Checked

>>55511111
didn't read, keep seething for bitshit and the dollar you stupid fuck

captcha 8xg0y

>>55511277
Bitcoins going to hit 450k this cycle, and I'm gonna miss out but no reason to be upset.

>>55511289
cope

>>55511395
Cope on my part I have 25 dollars.

>>55510544
>this is why price will raise exponential cause there are too many people involved in btc and they don't want it to lose

lol behold the epic cope of a desperate bagholder.

Yes, there's absolutely NO possibility that a return to fundamentals-based sanity crashes the market, they'll just casually wash trade Bitcoin to 6 figures and everybody holding will make it, we're still so early! Jesus fucking Christ.

>>55509637
>the success and usecase of monero is based on the principle that fiat money is unsustainable and will neccesarily hyperinflate

If we were still on the gold standard we'd need Monero regardless, its primary usecase remains permissionless money transfer.

>>55511111
yeah we just saw a "shit hit the fan" scenario with Covid, which was a nothing burger, and everybody fell and line and cucked for the government because they were scared of a 0.001% chance of dying. There will never be a dollar collapse. The FED will step in and make up some new jewish fuckery with the full support of the government and the show will continue.
In the meantime, hedge with Monero, PMs, buy a gun, get a safety net of cash, buy property, raise a family, and improve opsec. Wishing for gains is cancer for the brain.

>>55511127
kek LebAnon you can tell us exactly how it feels to have that happen, cant you? Isn't your pathetic government too inept to not be tied to the USD?

>>55511111
>This post brought to you by the U.S. Federal Government and made possible by taxpayers like you

>>55512814
I'm not actually Lebanon I'm just larping as him to ruin his namefag after he wouldn't stop begging.

>>55511111

checked, but didn't read, might read later.

>>55513273
anyone who has built up enough of a reputation on here to no longer be anon is a massive fag

>>55514609
100%
He was being a spastic faggot thou and spamming the board, figured poisoning the well might get him to fuck off forever.

Google should be taken liable if they have ads of scammers

Monero fixes this?

>>55514799
>anonymously
>via smart contract

>>55514859
kek this. They’re selling information about the chain you’d be buying that contract on. It almost by definition cannot be anonymous

>>55514799
>>55514859
Litecoin fixes this. MWeb through 3 wallets the destination cant see the original. Probably only takes 1 mweb transaction really from the original wallet to hide it, Im not an expert. I know if you send from A to B middle wallet to C destination they cant see A 100% certain.

>>55515051
You can have either privacy or smart contracts.
Not both.
I'm sure you can find the detail explanation why it's not possible in archives, after all I'm just a stranger on the internet.

>>55514609
>mfw OG Monero "chads" value (you)s over opsec

>>55515078
I don't know if this is detailed I can give my own take on why L1 smart contract support and privacy.
Having a "smart contract" presupposes some sort of custom intractable code being placed on-chain that is deterministic, since it must produce the same result for all nodes running the chain. Every node must be verify a chain of instructions being executed correctly. To whom, to what, and how much.
However, with smart contracts what code gets executed can vary by the user's desires. And since interactions with smart contracts are singular transactions, any cryptocurrency with L1 smart contracts must have clearly identifiable interactions with it. This does not fit Monero's privacy model as Monero strives for transaction uniformity. See picrel from the Monero Inflation Checker and it shows how Monero phased in and phased out transaction types (deterministic scripts in a sense). This guarantees that members in a ring signature have no information attached to them.
For example, let's suppose Monero added support for Solidity smart contracts by tomorrow. If a user interacts with a smart contract now, then that output (no longer matters that it's a one time output) will be visibly different from the rest. So when it gets included in 50 other transactions and 1 of which interacts with the smart contract again, then ChainAnalysis can take an educated guess. And smart contract users would have to begin managing their UTXOx, which is not the sign of a private system. And even if smart contract interactions are made somewhat uniform or obfuscated they present alternative "anonymity puddles" which represent their effective anonymity set. This would not only hurt smart contract users' privacy, but also the privacy of the rest of the transactions.

>>55515667
I didn't know there was a trade off between privacy and smart contracts

>>55515720
efficiency losses, too.

Privacy is inefficient, smart contracts are even less efficient. A private smart contract system, even if it were made would likely be unusably expensive and slow.

>>55515078
>>55515667
Also just a side-note, the exact issue above is different, but still similar. The problem with L2 or opt-in "crypto privacy solutions" in general is that they are inherently inferior to Monero. This includes everything like TornadoCash, CoinJoins, LN "privacy", MimbleWimble.
The base for privacy in cryptocurrencies relies on the inability to distinguish transaction senders and receivers. Receiver privacy is easy with new one-time addresses. Despite this, the larger "crypto-sphere" hasn't learnt this and Monero stands as the most popular crypto that forces new receive addresses.
On the other hand, sender privacy must mean transactions to be indistinguishable. But obviously, at least the signatures are going to differ. So what you have is anonymity sets instead, or how large is the pool of probable senders. With Monero it's not just ring signatures that ensure that you cannot know who sent the transaction, but instead it's the fact that each member of that ring is roughly indistinguishable from each other. Same scripts, same fee algorithm, same transaction structure.
That is why p2pool miner outputs, tx_extra, and even custom fees hurt Monero privacy. They create these new "anonymity puddles" of distinguishable transactions, which if small enough, will be seen through like a bit cloudy water by ChainAnalysis.
Opt-in privacy tools will inherently have an increased cost of entering whether explicit (like CJ fees or more demanding math in general) or implicit (risk of getting associated with unwanted inputs) so they will always be a small fraction of the usage. Given the chance, most people will opt for the default option, as we've seen play out with Zcash. Less supported efforts will not receive any much more than that. So no matter how uniform they make the anonymity set, it will be small, incredibly so in contrast to Monero.

>>55471054

Behold, mechanical Indian!

>>55515855
>That is why p2pool miner outputs, tx_extra, and even custom fees hurt Monero privacy.
I know there has been heated discussion about keeping the tx_extra for various reasons.
Do full membership proofs solve these puddles?

>>55515918

>>55515932
>Do full membership proofs solve these puddles?

Yes, all ring signature issues disappear once we get rid of them.

Can't buy monero on binance anymore in my shithole

>>55516094
my only concern is what kinds of new issues may present themselves, but we'll just have to wait and see.

>>55516107
Buy some other shitcoin then swap.

>>55516640
>my only concern is what kinds of new issues may present themselves, but we'll just have to wait and see.

Everything gets run on testnet first to weed out any issues.

>>55517012
I know, but monkey brain always concocts crazy circumstances where something MAY go wrong and makes me worry.

>>55517400
Thankfully much smarter people than us are figuring it out. I'd like to get more involved as I have some of the skills, but I'm probably too retarded to figure out any actual cryptography.

I still don't get how this is supposed to moon with an infinite supply

>>55518441
Every fucking thread. It is a fixed rate of increase in absolute terms, .6 per block. It is only "infinite" over and infinite timescale. Practically, it is likely somewhat deflationary due to people losing keys. Either way, it is currently a lower inflation rate than Bitcoin and Gold.

>>55459774
Great tech, terrible hold, been absolutely ruined since 2018 holding this.

https://cakelabs.com/news/cake-pay-mobile-to-shut-down/

Ionia suddenly halting business sounds like some usual suspects threatening them

>>55511111
Ok guys i just saw the princess of the yen documentary, sorry for writing this i was just sad, explain to me how we can fight the tiranny of central bankers, most people are cattle because they want the tiranny of the dollar and central bankers, people are fucking serfs and they don't have an interest on building an alternative, crypto was supposed to remain its value but that failed after 2021, how can we build the paralel economys how can we become inmune to the influence of the evilness of central bankers what are the actions we need to do because awareness doesn't matter too much a lot of people have already heard about crypto.

>>55518703
k sell

>>55469580
so you found out the valid view key?

>>55518806
>Ionia suddenly halting business sounds like some usual suspects threatening them
Damn! Who would have thunk?!
Now let's build an agora with blackjacks and monerochans like the creator intended us to do!

>>55518703
You know what to do!
> menorahlisa.jpg

>>55515918
KEK! I spilled my Chai Tea nigger!

>>55518441
>I still don't get how this is supposed to moon

Fuck off and kill yourself, moonfag.

>with an infinite supply

You failed the IQ test.

>>55518703
>Great tech, terrible hold, been absolutely ruined since 2018 holding this.

My heart breaks for you.
.

>>55516094
monica bellucci
yes monero is cool i may or may not own an indeterminate amount of monero

>>55515932
I'm unsure about Seraphis+Jamtis since I haven't been following it closely for the past few months, but this is what I do know.
tx_extra was a way to exchange needed miscellaneous transaction information, from the sender to the receiver. From what key was this received? What subaddress? Is there a payment ID? etc. Since ringCT is not a modular protocol, the solution was just to have a free field in the transaction for this information.
But with Seraphis this need shouldn't be present as every little information is part of a modular protocol and thus has its very own field, no need for a free-form field to dump the extra. So that is one potential anonymity puddle gone.
I'm unsure if this is going into production, but I know discretized fees have been tested and found working. This has been discussed all the way back in 2019 on the Monero Konferenco (https://youtu.be/XIrqyxU3k5Q).). Monero already employs a fee selection algorithm that has certain priorities that I'm sure anyone who used Monero knows about. Those cause the are the main streaks in picrel. But you can see that there are little dots and lines, and deviations and you can actually use these to trace Monero to a limited extent. For example, if you have a wallet that makes transactions at a static fee of 0.013371336 because you are an elite hacker who has his own wallet. You will show up as singular dots on the graph, and the rings are going to present a link between them. Making the fees more discrete numbers (powers of two to be exact, just lower the number of bits that can be used). You essentially force a lower resolution in picrel making anomalies (whether intentional or not) more or less impossible.
As for miners, I'm unsure if solutions exist. But they aren't a even a problem by now. This also has been discussed in a conference previously (the title was something like "you are not the money printer") and the conclusion was that adoption will eventually cover up miner TXOs.

>>55520028
>Now let's build an agora with blackjacks and monerochans like the creator intended us to do!

Neveko ( I2P + Monero, distributed agora) has a new alpha release: https://github.com/creating2morrow/neveko/releases/tag/v0.4.8-alpha

>>55520368
Oh I forgot you asked about FULL membership proofs. Yes those should get rid of these for the most part. Differentiable transactions will still present EAE risks though. But not on-chain tracing.
Imagine the following scenario with full membership proofs.
>FED gets refund from DNM vendor with faulty/custom wallet
>that transaction will have a little fingerprint
>DNM vendor goes to deposit to CEX with the same faulty/custom wallet
>that transaction will also have that same little fingerprint
Or alternatively
>Bob deposits XMR to FED controlled DNM with that little fingerprint
>later Bob deposits XMR to CEX with that same little fingerprint
We are nearing borders of theoretically perfect privacy as these grant negligible evidence, just a suggestion to LE or any other malicious actor. And these are unlikely to play out exactly like this and a little delay can already sabotage these.
But it's still important to consider these weird edge-cases. Zcash didn't and now they have various user and miner oriented attacks
>https://cointelegraph.com/news/researchers-claim-999-of-zcash-transactions-are-traceable
>The report finds that Monero’s introduction of strict security and anonymity requirements on its broader ecosystem has maintained the asset’s status as “effectively untraceable.”
>Transversely, the report concludes that the lack of utilization of Zcash’s privacy capabilities on the part of more than 99% of users undermines the privacy of the overall network
And the worst part is that there is previous work. The ZCF and ECC did not do anything about their users' privacy getting attacked aside from a few blogposts
>https://arxiv.org/abs/1805.03180
>https://core.ac.uk/display/225543439
>https://www.researchgate.net/publication/321511525_On_the_linkability_of_Zcash_transactions

Monero should prevent theoretical attacks before they came to be, but we are still on this path so far.

>>55520448
> NEVidebla-EKOnomia (invisible economy)
> self-hosted i2p marketplace
Damn. Thats awesome!
So I will be able to hire elite hackers to bring down servers in minecraft but I will not be able to put raw milk and fresh cheese?

>>55520462
>put raw milk and fresh cheese?
KEK, I wanted to type buy raw milk and fresh cheese
Bear market is taking a toll on me huh!?

>>55519792
In a sense.

(The guy who made the original clothed and bikini gifs apparently had his own nude version locked behind a patreon, though that one was a lot less detailed compared to my edit. It was probably a production guide, or something)

>>55520448
>Neveko ( I2P + Monero, distributed agora)

I like where this is headed.

>>55520478
>buy raw milk and fresh cheese

Just a matter of supply meeting demand.

Zcash wins

>>55506022
>darknet
let's help this bugger out

>>55522218
>>55521464

>>55522225
>>55522218
Seriously Lebanon took his namefag off lol dude stop, if people want to help you they will ask stop jamming it down people's throats it causes nigger fatigue.

NEW THREAD: >>55522408
>NEW THREAD: >>55522408
NEW THREAD: >>55522408
>NEW THREAD: >>55522408
NEW THREAD: >>55522408
>NEW THREAD: >>55522408

daily reminder:

> Seraphis
> Jamtis
> Full Membership Proofs

Don't forget, transaction privacy is just one part of a holistic approach to your security! Check out the XMR general opsec discussions!

>Previous discussions
PGP - pastebin.com/K5uK4vvg
File Verification - pastebin.com/64jdYSua
Compartmentalization - pastebin.com/fduPVLmV
Case File Reading - pastebin.com/6Jgr2zsL

>>55511111
Checked. The only reason farms require government subsidy is because the government taxes them and everyone else.