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/biz/ - Business & Finance


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55853623 No.55853623 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier to entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward gradually approached 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.55853642
File: 577 KB, 1298x900, 162614854231641471.jpg [View same] [iqdb] [saucenao] [google]
55853642

PREVIOUS THREAD: >>55736590

>> No.55853653
File: 888 KB, 1568x1080, P2Pool.png [View same] [iqdb] [saucenao] [google]
55853653

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

>> No.55853655
File: 1.38 MB, 696x1656, 1692143378548932.png [View same] [iqdb] [saucenao] [google]
55853655

For the Captain!!!!!

https://redcircle.com/shows/CaptainBlackbeard
>https://redcircle.com/shows/CaptainBlackbeard
https://redcircle.com/shows/CaptainBlackbeard
>https://redcircle.com/shows/CaptainBlackbeard
https://redcircle.com/shows/CaptainBlackbeard

NEW EPISODE THIS SUNDAY

The greatest pirate radio show! Friend of XMR!

>> No.55853661
File: 65 KB, 560x558, TakeThePill.jpg [View same] [iqdb] [saucenao] [google]
55853661

*****/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

>> No.55853672
File: 1.47 MB, 1920x3246, CypherpunkManifesto.png [View same] [iqdb] [saucenao] [google]
55853672

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

>Alias Market #
>Archetyp
>Asur Market
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>Darkmoon
>Drugula #
>FilthyFellas
>Gofish Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Sonanza Market #
>Squid Market
>SuperMarket #
Links: https://pastebin.com/raw/h4RgmFiB


>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/

>> No.55853679
File: 540 KB, 1764x866, i2p.png [View same] [iqdb] [saucenao] [google]
55853679

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.55853688
File: 1.12 MB, 1920x1080, MuhPriceAction.png [View same] [iqdb] [saucenao] [google]
55853688

>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

>> No.55854950

>>55853688
>also reducing the security.
difficulty adjustment.

>estimated break even point for miners at current hashrate
>estimated
>current hashrate
congrats, you're dumb.

read following:
1. bitcoin standard
2. mastering bitcoin

>> No.55855043
File: 208 KB, 1080x1100, fastman.jpg [View same] [iqdb] [saucenao] [google]
55855043

Any fastmen in Monero land?

>> No.55855070

>>55854950
I have, and I can report to you that a book didn't make you smarter. Block difficulty directly affects network security. And looks like you didn't even get the point. The article linked is kind of retarded, market cap means nothing especially when contrasted with network security budgets. But the main argument is valid nonetheless. Less block reward -> higher fees -> less transactions -> higher fees and repeating. BTC's security model is fundamentally unsustainable for any normal transactional usage.

>> No.55855089

>>55855070
*meant network difficulty, not block difficult
>>55855043
There are versions that include Monero, but I can't be too bothered to dig them up.

>> No.55855161
File: 1.75 MB, 1920x1200, fastman.png [View same] [iqdb] [saucenao] [google]
55855161

>>55855089
Found it, has Urbit, I2P, and the Wizard book, so ultimate fastman experience.

>> No.55856260
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55856260

Reporting in
##################################
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

>> No.55857049

>>55853623
based as fuck

>> No.55858164
File: 200 KB, 925x616, I2Pd.png [View same] [iqdb] [saucenao] [google]
55858164

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.

>> No.55858497

>>55858164
bit.ch is dead, and I'm a regular poster.

>> No.55859378
File: 212 KB, 1116x1166, 1621943471634.jpg [View same] [iqdb] [saucenao] [google]
55859378

>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.

>> No.55859384
File: 1.28 MB, 1145x3404, G63gsFs7wbnasGVs3.png [View same] [iqdb] [saucenao] [google]
55859384

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

Buy Zcash if you actually want to make it.

>> No.55859398
File: 241 KB, 1600x900, FqTMtS2aUAQ045R.jpg [View same] [iqdb] [saucenao] [google]
55859398

Oh and btw, there is going to be a proposal to deprecate t-addresses, so watch out, chuds, Zcash is about to become an even bigger threat!

>> No.55859745
File: 81 KB, 640x1136, i.png [View same] [iqdb] [saucenao] [google]
55859745

Hello /tinfoil/ , I'm looking to buy some stablecoins anonymously. Basically buying XMR and then using XMR to acquire USDC (Polygon) on non-kyc.

Do I really need some Polygon on my wallet to be able to pay gas fees when sending the stablecoin? Aren't the fees cheap so in theory I would only need like 10 cent of polygon to make a few transactions? Also are IP's being recorded when sending the stablecoin, how anonymous are the p2p transfers really?

>> No.55860346
File: 122 KB, 1364x1364, 1669893900340887.jpg [View same] [iqdb] [saucenao] [google]
55860346

>>55859745
yeah you need some matic for the gas fess just like you would need extra eth if you were sending using the ethereum network.
polygon is cheaper tho, I'd guess it would be 1 or 2 dollars at most, probably less.
what non-kyc exchange or dex fo you use?

>> No.55860502

any non-kyc exchanges that service the US? both coinex and kucoin require kyc now.

>> No.55860715
File: 36 KB, 1300x915, fidel-castro-stole-his-lawnmower-to-make-a-submarine-photo-u1.jpg [View same] [iqdb] [saucenao] [google]
55860715

>Welcome to the /XMR/ General opsec discussion!
Back once again to spread simple yet critical opsec practises and know-how for everyone! Thank you for reading and as always, topic suggestions, comments and shitposts are much appreciated!


>Previous Discussions
PGP - pastebin.com/K5uK4vvg
File Verification - pastebin.com/64jdYSua
Compartmentalization - pastebin.com/fduPVLmV
Case File Reading - pastebin.com/6Jgr2zsL
Virtual Private Networks - pastebin.com/FDA85DMV

>OpsAnon's public key - pastebin.com/kiEVscyb

>> No.55860725

>>55859398
>backdoors
Nice try

>> No.55860747

>>55853623
That pic is such a bad opsec!
Who in their right might would publicly associate themselves with the only fungible digital cash?!
(unless you are a chad dev)

>> No.55861051

>>55860502
tradeogre only
KASNERO NOW
FORK KAS MAKE IT LIKE MONERO LETS FUCKING GO

>> No.55861073
File: 65 KB, 600x800, F2coz-uaYAAarZW.jpg [View same] [iqdb] [saucenao] [google]
55861073

>>55860747
>Who in their right might would publicly associate themselves with the only fungible digital cash?!

Showing up to MoneroKon amounts to the same thing.

>> No.55861303
File: 536 KB, 480x480, 1689205743692754.webm [View same] [iqdb] [saucenao] [google]
55861303

>>55861051
>tradeogre
Actually is pretty much exactly what I'm looking for. Thanks anon.

>> No.55862796
File: 797 KB, 800x1088, 1681178537681243.jpg [View same] [iqdb] [saucenao] [google]
55862796

>>55853655
>>NEW EPISODE THIS SUNDAY

Awesome, love the show!

>> No.55863351

>>55861073
Is that a bad thing ??

>> No.55864506
File: 379 KB, 2082x1226, 1611035057281.jpg [View same] [iqdb] [saucenao] [google]
55864506

>>55863351

Guess that depends on your threat profile.

>> No.55864566

>>55860747
Agreed. I only talk about monero to family and close friends. The less people know the better.

>> No.55864649
File: 727 KB, 1286x1362, 1691934335083824.png [View same] [iqdb] [saucenao] [google]
55864649

>send money
>nobody asks me questions bout shit
I find the usage of MoneroCoin (ticker: $XMR) to be a very convenient experience.

>> No.55864995
File: 294 KB, 612x612, 1692256271492905.png [View same] [iqdb] [saucenao] [google]
55864995

>>55862796

Thank ye, mate. It truly be an honor to be welcomed here. This next one seems to have more buzz than previous ones which is incredibly exciting. Hopefully we raise conscious with XMR greatly with this one.

Hope people like this one. Admittedly, #15 and #16 were some autism. But this one is going to be just silly fun with new unbelievable technology people should hear to just to know how crazy and amazing the tech at their fingertips is now. It is surprising we are virtually the only project doing anything like this considering just how incredible the tech is getting now.

>> No.55865070

>>55853655

Also thanks so much for this and all of the support and love, mates!!!!! We are currently focused finishing this next episode. But we shall respond to all the e-mails, messages and people wanting to do cool stuff with us soon! Merci! Merci! Merci!

>> No.55866531
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55866531