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26408149 No.26408149 [Reply] [Original]

Comfy edition.

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 transactions being visible only by a Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs 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 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 MoneroChad 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.26408419

ITT dead coins

>> No.26408451
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26408451

>>26408149
/bagholder general/
XMR is not an investment you faggots

>> No.26408570

Kind of new to monero. I've read about atomic swaps but i still don't really understand. If they start happening is this good or bad for monero?

>> No.26408673

>>26408570
monero is dogshit bro. still 75% down from its all-time high lmao. stay the fuck away unless you hate money

>> No.26408790
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26408790

>>26408419
>>26408451
>>26408673

>> No.26408812

except your shit wallet fucks up your seed, and all your XMR is goto 0

>> No.26408854

>>26408790
based
>>26408570
atomic swaps will send Bitcoin to XMR thus skyrocketing the price
HODL

>> No.26409143

>>26408419
Nose check

>> No.26409220
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26409220

>> No.26409547

>>26409220
Moon is a butcorn meme. The goal has always been mars, see mars project - Von Braun