/XMR/ Monero general

[Anonymous No.28293841]

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.

Previous thread: >>28192566

[Anonymous No.28294572]

bamp

https://www.youtube.com/watch?v=aC9Uu5BUxII

[LebAnon No.28294593]

fellow XMR chads
https://bitcointalk.org/index.php?topic=740112.0
good shit to read
was discovered by a based anon here

[Anonymous No.28295884]

>>28294593
Based LebAnon for reposting. inb4 retards can't into reading

[Anonymous No.28295947]

>>28293841
based, keep up the generals
for the anons thinking of going in, would you recommend getting in now or waiting for a dip?

[Anonymous No.28296069]

>>28295947
We're in a huge dip rn. I think you should DCA into it. It's a comfy time to buy.

[LebAnon No.28296154]

>>28296069
seconded
DCA DCA DCA
>>28295884
always here to do my part

[Anonymous No.28297187]

>>28293841
i think this isn't enough. Should I buy more?

[Anonymous No.28297744]

Bros, how the fuck is XMR so cheap?

[Anonymous No.28298208]

>>28293841
Monero is an overpriced fork of Bytecoin, upgrade your Monero to 0xMonero.

[Anonymous No.28298606]

>>28295947
thirded for DCA. Just slowly drop in, the current market is crawling up, without the m00nposting etc.

[Anonymous No.28298697]

>>28298208
>upgrade your coin to my pajeet scam
No thx, but hello again 0x poster, I know you are just one guy posting this.

[Anonymous No.28299090]

>>28294593
Very cool article, I had no idea monero originated in this way. Crazy that they would write solid code then be really insincere wih launching it

[Anonymous No.28299155]

>>28297187
>known amount
ngmi

[Anonymous No.28300961]

bump

[Anonymous No.28301484]

>>28293841
Is there any in-depth information on atomic swaps I can get?

[Anonymous No.28302541]

> XMR is probably the most widely used crypto for actual purchases, not just trading
> Technologically superior to every other crypto out there
> Very good community and mesa level devs
> The government hates it

this is the only coin you will ever need.

[Anonymous No.28303661]

Absolute shitcoin, can’t even sustain a 10% pump for more than a couple of hours