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18988876 No.18988876[DELETED]  [Reply] [Original]

Explain how monero works to me

>> No.18988888

>>18988876
It's sort of like LOKI but with a shitty color scheme and you literally can't trust anyone

>> No.18988905
File: 19 KB, 197x256, checkem hitra edition.jpg [View same] [iqdb] [saucenao] [google]
18988905

>>18988888

>> No.18988908

>>18988876
you send it to an address and nobody but the owner of the receiving address knows how much you sent and even they don't know who sent it unless you tell them. It is the only real cryptocurrency.

>> No.18988912

thread cancelled

>> No.18988913

>>18988876
Japan once again proving they have a superior culture in how they celebrate October fest. It's understandable why the Nazis allied with them.

>> No.18988924

>>18988888
>Loki is a copy/paste of monero and has no reason to exist. They aren't even able to maintain it sufficiently. There are 20 monero clones like Loki. They are all shit.

>> No.18988987

Monero is like a stock but for niggers.

>> No.18989015
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18989015

>>18988888
truly blessed

>> No.18989029

>>18988876
Mmmh japanese asshole beer

>> No.18989031
File: 1.26 MB, 640x480, 1490546125637.gif [View same] [iqdb] [saucenao] [google]
18989031

>>18988888
checked

>> No.18989048

>>18988876
Not gonna lie, would drink
>>18988888
Also checked

>> No.18989069

you buy monero which has no coin supply limit
fluffypony presses a button that goes bzzzttt and generates more xmr
then he buys another new $50K watch and fucks his gold-digger gf whilst wearing only the watch, just like in american psycho.

basically if you buy XMR you are a cuck and a paypig simp

>> No.18989086

>>18989048
Why do yuropoors drink their beer hot?

>> No.18989095
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18989095

>>18988888
Checked

>> No.18989215
File: 101 KB, 1280x719, LOKI comfy.jpg [View same] [iqdb] [saucenao] [google]
18989215

>>18988888
BASED AND LOKI PILLED.

>> No.18989243
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18989243

>>18989095
Kek what a whore

>> No.18989423
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18989423

>>18988888
Checked

>> No.18989681

>>18989243
don't talk about anons mom that way
although, i'd fuck her

>> No.18990546
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18990546

>>18988876
Its for Schizo's like McAfee to buy drugs with

Nothing good or bad about it.

No one wants to touch monero. Corporations will probably use Zcash desu

>> No.18991660
File: 500 KB, 500x282, dxtrpointin.gif [View same] [iqdb] [saucenao] [google]
18991660

>>18988888
but can we trust those digits, eh?

>> No.18991690

Monero is classical coin mixer, and to work you need to hide the amounts in the addresses
there are ways to map out both

Zcoin on the other hand is a black hole, you dump coins and you get new ones created, that way you can keep the chain auditable and you can verify a TX

Monero is a mixer and Zcoin is an on chain washing machine

>> No.18991956

>>18989086
It’s not hot, it’s “cellar temperature” which is actually cool in Northern Europe or England

>> No.18992203

>>18989095
You are adorable!

>> No.18992405

>>18990546
>Zcash
Yes, thanks glownigger. You can keep your backdoored "privacy" shitcoin.

>> No.18992882

>>18991690
Ah, did you got the infinite zcoin bug patched?

>> No.18992917

>>18988908
This is the best explanation here except he fumbled at the 1 yard line with "the only true cryptocurrency" bit

Only private one, sure, but I would never hold real weath in monero

>> No.18993616

>>18992917
>I would never hold real weath in monero
Said a random guy on a wannabe reddit forum

>> No.18993628

Is that a scam

>> No.18993647
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18993647

>>18988876

>> No.18993648

>>18993628
just like 99% of shitcoins you discuss here on a daily basos lmao

>> No.18993687

>>18991690
Both can be traced by looking at amounts of money being sent and being received by separate addresses at certain times, no?

>> No.18993745

>>18988876
>covering up their vaginas with pads to save time and money on genital pixilation
Japs are truly the most ingenious thinkers of all the Asian races.

>> No.18994045

>>18993687
No one can see the amount except the sender and receiver, for anyone else to see it theyd need to get the keys directly from those individuals

>> No.18994082
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18994082

>>18988888

>> No.18994134

>>18988876
Weeba like this?

>> No.18994464
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18994464

>>18988888

>> No.18994496

>>18994045
But this is wrong.
I remember reading a ZK related article where even if you encrypt the knowledge of the amount being transferred, block miners still need to check that you are not sending more than your account contains.
So say you have some ZK operation which tells the miner if a transaction is valid or not.
All the miner has to do is emulate the transaction with larger and larger amounts of money until the ZK operation returns false, the miner will then have guessed the amount.

>> No.18994735

>>18989095
based, i which i had a gf like this