[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 25 KB, 512x512, 1609250718199.png [View same] [iqdb] [saucenao] [google]
26172986 No.26172986 [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 borderless, 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 (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with the proof of the transactions being possible by a Monero user willingly providing a view key for a specific transaction if needed.

Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of 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 will gradually approach 0.6 XMR in May 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 Monero Chad will be with you shortly.


OFFICIAL WEBSITE - https://web.getmonero.org


WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah


HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>Cold Storage
https://archive.is/DEfsP

>> No.26173170
File: 3.16 MB, 640x480, use-monero.gif [View same] [iqdb] [saucenao] [google]
26173170

Comfiest hold.

>> No.26173528
File: 120 KB, 450x568, ymruxvvaa5a61.png [View same] [iqdb] [saucenao] [google]
26173528

>>26173170
Indeed it is.

WHERE MY NEWFRENZ AT!?
BRING ME YOUR QUESTIONS!

>> No.26173860

Unofficial thread mix: https://www.youtube.com/watch?v=JK8ilaPZbKE

>> No.26173958

Funny to see people getting giddy about the "wrapped Monero" snake oil shit. We should try to bait and switch mETHheads into getting onboard with actual on-chain privacy

>> No.26174077

>>26173528
new Fran here.

Where do you see it in a year from now?

actual token with monetary useage yes?

will replace bitcoin as normies realize price drops from no anonymity? (dark web value is how btc began)

>> No.26174148
File: 105 KB, 1024x683, XMRcoming.jpg [View same] [iqdb] [saucenao] [google]
26174148

>>26173528
What are the best metrics & indicators to measure Monero adoption?

What I have so far:
Number of transactions:
https://bitinfocharts.com/comparison/monero-transactions.html

Hashrate:
https://bitinfocharts.com/comparison/monero-hashrate.html

Reddit stats:
https://subredditstats.com/r/monero

Google searches:
https://trends.google.com/trends/explore?date=today%205-y&q=%2Fm%2F0130q41b

>> No.26174273

>>26174148
looks like china is already on the train

how many xmr to make it?

>> No.26174297

>>26172986

How many do i need to be a future millionaire?

>> No.26174392

>>26174297
100
~15k @ current price

>> No.26174430
File: 52 KB, 512x323, 1610232021742.jpg [View same] [iqdb] [saucenao] [google]
26174430

>>26174077
>Where do you see it in a year from now?

Atomic swaps market starting to coalesce.


>actual token with monetary useage yes?

Its already being used as currency every single day on the darknet, with increasing frequency.


>will replace bitcoin as normies realize price drops from no anonymity? (dark web value is how btc began)

If any coin has a shot at flippening BTC, its Monero. Wouldn't happen for a while tho, barring some catastrophic incident that exposes Bitcoins many shortcomings.

>> No.26174492

PLEASE STOP
Lets all just stop talking about it until after we buy the up coming crash.

No more of these threads for at least 2 months.
I beg you to stop
Just let it slide.

>> No.26174535

>>26174492
bullish, just bought more

>> No.26174587
File: 86 KB, 785x1000, ELU0_kPUwAAM79x.jpg [View same] [iqdb] [saucenao] [google]
26174587

>>26174535
STOOOOOOP REPLYING

>> No.26174673

>>26174587
When I started making these threads myself in June the price was at like $60

>> No.26174680

>>26174587
dumb ass, bet you didn't even sage
images bump thread anyways

>> No.26174761

>>26173860
fire
>>26174535
based

>> No.26174781

>>26172986
Only people buying this are darknet crackheads and pedos. It’s never gonna moon since it’s simply a way to transact dollars illegally. Prices on the darknet are not quoted in Monero but in $ so buyers buy Monero that sellers immediately sell back to dollars. Without misguided speculation it would be a stablecoin.

>> No.26174946
File: 406 KB, 854x1404, crypto-money-laundering.png [View same] [iqdb] [saucenao] [google]
26174946

>>26174781

>Only people buying this are darknet crackheads and pedos

Money laundering via crypto is starting to heat up. No prizes for guessing which coin will see most if not all of the action.

>> No.26175103
File: 1.12 MB, 1427x2300, monerowaifu20.png [View same] [iqdb] [saucenao] [google]
26175103

*tee hee*
Hey anon! Prove to me that you are a Monero chad.

>> No.26175996

>>26174680
>images bump thread anyways
not if you sage