XMR GENERAL

[Anonymous No.29632007]

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.

XMR Redpill: https://youtu.be/aC9Uu5BUxII

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

[Anonymous No.29632098]

XMR <3

[Anonymous No.29632438]

>>29632098
<3

[Anonymous No.29633421]

BTC ratio holding 0.0040 so far.

[Anonymous No.29633972]

Bump the General, euros. It’s late here in burgerland.

[Anonymous No.29633995]

would this be a reasonably safe route to anonymize my portfolio?
kyc'd shitcoin -> ETH -> decentralized exchange -> Monero -> non-KYC exchange back to shitcoin? I've been avoiding getting a VPN because I think it draws heat and I'm probably already on some list somewhere but maybe it's worth it for washing coins.

[Anonymous No.29634106]

>>29633972
imagine not staying up all night for xmr, ngmi

[Anonymous No.29634205]

Perhaps a dumb question, but could a theoretical attack with a decent amount of monero start sending transactions with high fees between many addresses at a very high frequency in order to effectively raise monero transaction fees for everyone? If something like this is possible, an attacker could potentially cause enough people to decide not to make transactions that a 51% attack would be much easier, depending on how much money they're willing to lose, no?

[Anonymous No.29634251]

>>29633995
Finding someone willing to p2p sell you ETH for XMR would probably be easier and cost less. Also I’m sure you’d be giving up enough info on the route you suggested to get you caught, lot of moving parts.

[Anonymous No.29634313]

>>29634106
I have a wage cage to be in at 10 in the morning and this bed cost me $1700, I’m gonna USE it.

[Anonymous No.29634533]

>>29634205
I think that’s feasible, but It’s really just a matter of how worth it would that REALLY be?? You’d have to be shuffling around ??? billions for ??? time just to raise transactions to ??? Dollars. Just look at ETH, that shit’s all organic and people still use it every day.

[Anonymous No.29634628]

>>29634205
>order to effectively raise monero transaction fees for everyone
Monero's fees wouldn't rise for other people. Their high transactions would be essentially pissing money away to Miners.

[Anonymous No.29634912]

>>29634251
I'm not trying to do anything super sus, just trying to not be low-hanging fruit in case my country over-regulates or in case someone tries to seize my assets. Just cashing out of my coin and doing cash-by-mail is probably the safest option, but there's a time delay there and I don't want to get priced out of my shitcoin (in case they suddenly deiced to release staking ;) )

[Anonymous No.29634955]

>>29634205
monero is seeing a spike in adoption for months now and we still have an average of 5% of empty blocks mined every day. this spam would be extremely expensive to perform for a consistent amount of time.

[Anonymous No.29634972]

>>29634628
So no volume of these high-fee transactions would cause miners to prioritize them over other transactions to the point where other transactions would have to raise their fees to be processed in a reasonable time?

[Anonymous No.29635022]

How do you buy truly non-kyc monero on Bisq with fiat?

[Anonymous No.29635185]

>>29633995
If you care about privacy you should obviously be using VPN and/or Tor. Not using a VPN because you think it draws heat is incredibly retarded. What do you even mean by that? Unless you live in fucking communist China or something, your ISP is not gonna give a shit that you're tunnelling to a VPN or whatever...

[Anonymous No.29635537]

>>29635185
Using a VPN is essentially just shifting your trust from your ISP to the VPN provider. It's probably generally better for privacy in most cases, but there are certainly also cases where it could be worse.

[Anonymous No.29635632]

>>2963497
Monero doesn't have a fee market. So there is no prioritizing.
Miners would not reject low fees because they would want as many fees as possible, in addition to the higher fees.
Monero spam attacks are mitigated in a few different ways. You can look up the "big bang attack" for a similar type of idea.

[Anonymous No.29635836]

>>29635632
post number got fucked up. meant to respond to this >>29634972

[Anonymous No.29636741]

>>29634972
It would work for a short time. But as these attacks continue the block size will grow. So the attacker will have to send more and more transactions. At some point it will become unsustainable. Performing this attack in XMR is either quadratic or exponential. With BTC it is a mere linear cost.

[Anonymous No.29636822]

>>29632007

[Anonymous No.29636877]

>>29632007
0xMonero, cue the bot

[Anonymous No.29636935]

god DAMN i love this montero coin... so cozy in here

[Anonymous No.29637645]

>>29636877
(this isn't being done by a bot.)
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
stop trying to steal from people by lying to them about the capabilities of the project
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504
another recent beatdown >>/biz/thread/S28670476
ANOTHER recent beatdown >>/biz/thread/S29537367

[Anonymous No.29637896]

It's most likely a monerobro bringing up 0xmonero just to rile up the autists here for fun

[Anonymous No.29638629]

What's the point of xmr if you buy from a kyc exchange?

[Anonymous No.29638825]

>>29638629
The point is that they will not know what you do with your xmr once you get it out of the exchange. All future movement of that xmr is completely hidden from them.

[Anonymous No.29638879]

Dump your monero and buy 0xMonero. It gets rid of the inflation bug which makes the price drop.

[Anonymous No.29639186]

>>29638879
>Dump your monero and buy 0xMonero. It gets rid of the inflation bug which makes the price drop.

[Anonymous No.29639210]

>>29634972
Monero has adjustable block size. Transactions don’t need to compete for block space. All transactions, regardless of fees, will get included in a reasonable time.

[Anonymous No.29639355]

>>29639210
so someone can just spam dust and bloat the blockchain to a terabyte?

[Anonymous No.29639662]

>>29638879
0xmonero is trash
see >>29637645

[Anonymous No.29640598]

>>29639355
No, he's oversimplifying. Block space is limited in the short term. Miners take a hit to their block reward when they publish a block that's bigger than the moving average of recent block sizes, so they won't do it until blocks are actually full and people start to use the higher fee options to get a speedier transaction, which makes a bigger block profitable for miners despite the penalty, which then slowly drives up the moving average. There are some additional rules regarding short-term vs long-term average that I can't remember offhand, but they're designed to mitigate the scenario you're describing.

[Anonymous No.29641848]

finally joined the 18.7 club lads,next step I need to know what the make it stack is.

[Anonymous No.29642133]

>>29641848
max comfy

[Anonymous No.29642442]

>newfrens don't know

[Anonymous No.29642566]

>>29641848
comfy stack is 50
make it stack is 100
>>29642442
based

[Anonymous No.29642734]

>>29642566
what about 70?

[Anonymous No.29642862]

>>29636877
it's a copy pasta to combat that pajeets who spam here daily

[Anonymous No.29642916]

I am thinking about going ballsdeep with XMR. Any recommended wallet? I'm an applefag btw.

[Anonymous No.29642930]

>>29642734
i dunno man, i'm around that and working my way up to 100. just DCA though

[Anonymous No.29643008]

>>29642916
official monero gui, or cli if you like command line: https://www.getmonero.org/downloads/

run a full node if you have 100GB on a SSD + to spare, otherwise connect it to a remote node

[Anonymous No.29643244]

>>29643008
Cheers mate!

[Anonymous No.29643438]

>>29642916
Im coinomi user (both apple and android). But it's not (((open source))) so usually cake wallet is recommended here for that reason.

[Anonymous No.29643608]

>>29642916
Get a ledger/trezor hardware wallet to manage your keys.

For mobile use Cakewallet but shouldn't put anything more than $1000 long term on a mobile wallet

[Anonymous No.29643667]

>>29632007
Xmr chads gtfih

[Anonymous No.29643692]

>>29643608
>Get a ledger/trezor
Ledgers costumer db literally got hacked and leaked. Fuck that. If you're that paranoid make a paper wallet

[Anonymous No.29644433]

>>29643692
buy from the official amazon store and you should be fine

[Anonymous No.29645516]

>>29644433
>trusting hardware wallets

[Anonymous No.29645587]

Comfy xmr thread

[Anonymous No.29645806]

Road to 50 XMR - 0.4
wagmi

[Anonymous No.29646992]

[Anonymous No.29647461]

>>29632007
Monerobros... I don't feel so good...

[Anonymous No.29647508]

>>29647461
I get that feel bro

[Anonymous No.29647593]

>>29642916
dual boot linux if the ghost of steve jobs will allow you to. otherwise get a real computer to run linux on

[Anonymous No.29647596]

>>29647461
why though

[Anonymous No.29647634]

>>29646992
based and ringpilled

[Anonymous No.29647678]

>>29647596
he ran out of shitcoin gains to buy the dip with

[Anonymous No.29647755]

Goddamn comfiest hold in crypto.

[Anonymous No.29648570]

>>29641848
What does 18.7 mean?

[Anonymous No.29648600]

Satoshi Nakamoto here

considering dumping half my bitcoin to >1BitcoinDeprecatedBuyMoneroXVt6CZm and then the rest to various exchange cold wallets

should I do it?

[Anonymous No.29648711]

>>29648570
There will be 18.7 million xmr when the tail emission beginns and thus puts you in the 1 million club. If you want to stay in the 1 million club for your lifetime you need 30xmr or so

[Anonymous No.29648758]

>>29648600
Wait for the atomic swaps, it will be hilarious

[Anonymous No.29648770]

>>29648711
I see. Thank you, anon.

[Anonymous No.29649032]

>>29632007
Is mining Monero is having sex with Monero Chan?

[Anonymous No.29649200]

>>29649032
Mining is based on RandomX which does not involve fucking monero chan.

[Anonymous No.29649421]

>>29648600
>Be satoshi
>Atomic swap all your btc
>Btc collapses as everyone panics
>Greatest transfer of wealth as the maxipads wanted
>Shouldve read the satoshi whitepaper

[Anonymous No.29649529]

For anyone doubting that normies care about privacy, look at attached the screenshot. 2 of the 5 top comments are privacy related. The only thing that's holding people back is that they don't know how. Monero is the money they never knew they need.

[Anonymous No.29649613]

Speaking of ancient btc wallets using atomic swaps to exchange for xmr, what's stopping them from doing it right now on bisq?

[Anonymous No.29649648]

>>29649421
kek. the only thing missing is
>HFSP

[Anonymous No.29649708]

>>29632007
I was the anon in here before I completely missed your guys response but here’s my address it was for my dogs surgery
87j6qsgYvEX8E7tFjaRZbYVp5LsF1Xi9x56NHjLozVaXCaMKts5cR7mN5vaso7grda3nR1kcEkkxDb7uJcTgxxzZDwG16wP Hopefully the anon sees it god bless

[Anonymous No.29649735]

>>29649200
AAAAAAAAAAAAAAAAAAAAAA
https://vocaroo.com/19PdDSlirPYD

[Anonymous No.29649744]

sirs how do i buy xmr for my village

[Anonymous No.29649785]

>>29649744
First you [unknown], then you [unknown]. You could also [unknown]. But for fuck's sake don't [unknown]

[Anonymous No.29649800]

>>29649708
That sucks anon I saw your posts before about how she got hit by a car, i hope he see's it and gets you the help you needed fren.

[Anonymous No.29650080]

To the anon I was talking to about my dog I didn’t see your message till now but I made a GUI 8Aa9cWvsW3WeWxwhKApRbRFca1xw4tNYFitUHMb4rLa5XVXfQNQBE67YgESV1dJCr189JNfczECLydzP3gj5YKa7Uxm5wo8 I hope you see this and thank you Man

[Anonymous No.29651528]

bump

[Anonymous No.29651850]

>>29648711
Damn, it sucks to live in a third world country. it'll take me almost 2 years to reach this value.

[Anonymous No.29651882]

>>29632007
why does xmr get the hottie mascot?

[Anonymous No.29651958]

Wanna thank GPU bro from last night, moneroocean with GPU mining on all my cards literally 3x'd my output
You're a cool dude, stay cool my man

[Anonymous No.29652355]

>>29651882
best coin gets best girl

[Anonymous No.29652788]

Hey, I woke up and I’m not getting JUSTed this time!

[Anonymous No.29653620]

>>29642442
Holy based

[Anonymous No.29655065]

I don't mean to fud, but I think now is a bad time to buy. When the market crashed like a week ago none of the major coins lost a significant part of their vaule.
For example, before the start of the bullrun on BTC it was at 10k. It went to 52k, fell to 49k during the "crash", and now it's at 51k. This seems to be a classic bull trap.
I'm telling you all this because XMR generally rises with the other major coins and falls with the major coins. XMR will fall with them, returning either to or just above what prices of what it was when in got caught up in the bull run in November.
If you want to get in wait for the next market crash, you'll get XMR for real cheap.

[Anonymous No.29655365]

>>29655065
The bullrun was wat too short to be ending already. Last bullrun in 2017 we had 11 corrections like this before we crashed for real. This is just the first correction of 2017.

The time to buy is now because it's possible Monero peaks out at like $1000-$2000 and then only crashes back to like $500 at the bottom. The lowest XMR went between 2017 and now is $32 and the median it was at was $120. Paying $210 is an extremely good price.

Ignore this if you are fussing though, we all want more cheap XMR.

[Anonymous No.29655404]

>>29655065
Or btc goes full retard to 100k and xmr busts it's all time high as people wash gains

[Anonymous No.29655675]

>>29655065
im hopeful anon. all the extra cash in checkings i'll have next week is going to coinbase and waiting for a dip. would be nice to break 100 xmr club with this next buy in

[Anonymous No.29655751]

>>29655065
Monero mcap is like 4 bil lmao and people are starting to wake up to how well it holds up against (outperforms in every way really) compared to bitcoin. Anything below 250 and below is a cheapie IMO. I wouldn’t consider selling any of my stack till at least 1500. And even then I would only sell to pick up more xmr.

That said, I do agree in some points. You should have cash on hand if we dump harder.

[Anonymous No.29655865]

>>29655751
i am collecting some cash position now, usually i am almost all in on stocks and crypto, but if there is a big monero dip I want to catch it. last time I bought a lot was during the bittrex FUD

[Anonymous No.29655870]

>>29649529
redditors aren't normies.

[Anonymous No.29655936]

just picked up some more, now at 65 XMR. When will I be able to creampie a different asian hooker every night?

[Anonymous No.29655966]

>>29655870
r/askreddit in particular is pretty close though

[Anonymous No.29656732]

>>29637896
Of course. Anything to drop the price

[Anonymous No.29656760]

>>29641848
Welcome anon. Now work your way first to 100, ultimate goal is 187.

[Anonymous No.29656876]

>>29647678
That happend to me long ago. Now i can only dca few hundred a month. I wish i was a better gambler lol

[Anonymous No.29656968]

>>29649613
Nothing i think.

[Anonymous No.29656976]

>>29651958
That’s me man!!! No problem! Glad to help.

[Anonymous No.29657393]

>>29651958
>>29656976
I love monero threads and monero frens
:)

[Anonymous No.29657452]

>>29655936
you could do that right now brother

[Anonymous No.29657534]

>>29649613
Nothing. Both atomic swap and tail emission kicking in will do nothing to the price of Monero because it doesn't really change anything. Both are just guarantees that XMR will stay working like it does now forever.

[Anonymous No.29657856]

My work is pretty lightweight and I'm about to mine Monero while working just for fun. Should I go with xmrig or the Monero wallet?

[Anonymous No.29658120]

>>29657856
def go for the xmrig if you have time to set it up

[Anonymous No.29658208]

>>29658120
I'll try it out. Thanks!

[Anonymous No.29658363]

>>29657856
Best bet is xmrig, just make sure it's configured right and it should do some good hashing
If you're planning to do stuff in the background, make sure 'yeild' is set to 'true'

[Anonymous No.29658415]

XMR chad you still here? I was the guy with the electric bill here’s my address if you see it
8Aa9cWvsW3WeWxwhKApRbRFca1xw4tNYFitUHMb4rLa5XVXfQNQBE67YgESV1dJCr189JNfczECLydzP3gj5YKa7Uxm5wo8 Thanks man your a lifesaver!

[Anonymous No.29658498]

>>29632007
CRABCOIN PIECE OF SHIT

[Anonymous No.29658583]

>>29635185
Whats the point of vpn when you can easily spoof all your shit for free? Not only that if you care about privacy and evidence being used against you, you should never use your real identity online and regularly clean install and destroy your drives and mobo.

[/xmr/ - Monero General No.29658753]

>>29658120
>>29658363
Is https://xmrpool.net/ safe? I don't want to support huge pools because of centralization.

[Anonymous No.29658798]

>>29658753
I've not personally used it, I generally use https://moneroocean.stream/

[Anonymous No.29658923]

>>29658753
yeah anon, that pool looks fine.

[Anonymous No.29659134]

>>29658498
Slow wins the race.

[/xmr/ - Monero General No.29659153]

>>29658798
>>29658923
I'm trying out moneroocean. Let's see how many hashes I get on my laptop.

[Anonymous No.29659220]

>>29659153
Nice, you might want to look in to some config tuning if that's the case, also, make sure you run as admin

[Anonymous No.29659259]

>>29658753
>xmrpool
CENTALIZED PIECE OF SHIT
>>29659153
>UNPROFITABLE PIECE OF SHIT

[Anonymous No.29659319]

>>29658753
Use moneroocean it's the official pool recommended by the Monero development team because it's completely private and hides activity from your ISP and doesn't record IP address.

It's also not even in the top 10 of pools so it's fine to use them from a decentralized position. In fact we should probably put "use moneroocean" in the OP so that everyone knows that is what you should use for OPSEC reasons.

[/xmr/ - Monero General No.29659807]

>>29659220
>>29659319
Getting about 2500 h/s. Pretty good for a regular Dell Laptop and it's not even affecting my work.

[Anonymous No.29659875]

>>29659807
>Getting about 2500 h/s
That's pretty great actually, my r1700 rig does about that much
What CPU does it run?

[/xmr/ - Monero General No.29659964]

>>29659875
i5-8250U.

[Anonymous No.29660029]

>>29659807
>dell laptop
wow, really? what cpu do you have?

[Anonymous No.29660101]

>>29658753
Fix your name, retard, put title in the title next time you make a thread.

[Anonymous No.29660239]

>>29659964
that's pretty great for that specific chip

[Anonymous No.29660407]

>>29660101
Oops. I didn't notice it. Thanks for the heads up.

>>29660029
>>29660239
This is the average hashrate I'm doing right now.

[Anonymous No.29660463]

>>29660239
seems about what one would expect for it. all the laptop/less common cpus on xmrig.com/benchmark show hashrates about 40% lower than what they actually get due to retards.

[Anonymous No.29660571]

>>29660463
fair enough lol

>>29660407
I guess you wouldn't need to do much tuning then, that's already pretty good

[Anonymous No.29660950]

>>29660407
Whats your temps

[Anonymous No.29661328]

>>29660950

[Anonymous No.29661612]

>>29661328
that's pretty impressive for a laptop at >50% load

[Anonymous No.29661961]

>>29632007
what's the second easiest way to buy XMR?

Kraken didn't think my drivers license looked like the selfie i sent

[Anonymous No.29661963]

>>29635185
If you know python / are willing to learn the bare bones, there's a module called sporestack that lets you rent a private VPS anonymously, paying directly through the command line. It also lets you route thru Tor AND PAY WITH XMR.

It's not a good idea to use a VPN provider anyway, because you're essentially paying a premium for access to a server that is no different than the cheapest VPS you can get. All privacy issues aside, openVPN is very simple to setup on a vanilla VPS (look up "openVPN road warrior installer script"). It's open source, meaning you now don't have to worry about some corporate retard's choice of software, and you're not paying for shit you don't need.

I'm sure 99% of anons know this already, but a VPN is nothing more than a remote server through which to route all of your traffic, encrypting everything BETWEEN you and the VPN. So yes, anyone who can access the physical server itself (NordVPN, Alphabet boys, the datacenter janitor), has complete knowledge of your activity. But what if they couldn't tie the actual server to your name? https://github.com/sporestack/sporestack-python.. MoneroChads, I'm honestly confused as to why I STILL haven't heard mention of this unimaginably based service.

You can achieve schizo-tier levels of privacy without hardly any effort or money.

[Anonymous No.29662092]

>>29658583
Why regularly destroy the drives? Why not just encrypt them? Is it that you're worried about unwanted WRITING to your disks (malware)?

[Anonymous No.29662221]

Does any miner chads have a resource for optimizing miners with Linux? I’m getting about ~1100 h/s with my gaming laptop, but I want to try to get that a little higher if I can. Is this all stuff I’d have to do in the Bios, or is there a GUI I can install that I can optimize with?

[Anonymous No.29662293]

>>29661963
it's not schizo-tier privacy levels at all. and keep in mind the vps provider can see which ips are connecting to it, so it's not hard to trace back to you even if you pay for the server anonymously.

[Anonymous No.29662347]

>>29647461
Don't leverage
Just buy and HODL.

[Anonymous No.29662461]

>>29662221
I would imagine that since you'd be fine-tuning your hardware settings, BIOS would be better. But then again, you use the based penguin OS, so there's probably a lot of different options.

[Anonymous No.29662565]

>>29662293
>It also lets you route thru Tor

You're wrong

[Anonymous No.29662871]

How is this a reliable coin for the future when the node only gets bigger in size? What happens when the size reaches +5TB. We’ll be forced to use remote nodes? Every privacy feature will be gone. I don’t know monerochads...

[Anonymous No.29663162]

>>29662871
First off we are still a long ways away from that. The block chain is like 110gb right now, but a pruned node is only 40gb.
But with the way hard drive space is improving, I really don’t think the barrier for buying an ssd with that type of space is that implausible.
The verification times are a little trickier, but again these also improve over time as optimizations are created (e.g bulletproofs +, clsag) and improvements in technology occur.

[Anonymous No.29663830]

>>29662871
It's already cheap to buy an 1TB SSD, anon.

[Anonymous No.29663902]

>>29662092
Would you rather a malicious organization have your encrypted drive or your properly smashed hard drive?

[Anonymous No.29664151]

>>29662871
I'm concerned about that too. I don't think there's a way around it unless you want to go full store-of-value rather than usable currency like BTC did. The correct way to do it is have a Monero variant with a fixed, small block size as a store of value, then have a separate version that looks more like Monero's current state for day-to-day transactions. Ideally, provide a way to atomic swap between them. Monero's privacy features make it strictly better than other cryptos, but there should be an understanding built into the system that at some point the blockchain will grow too large for distributed storage and need replacing. Trying to be both a currency and a store of value at the same time is a mistake, one that pretty much every cryptocurrency makes. They're different use cases and require different parameters.

[Anonymous No.29664848]

>>29662871
The hope is that storage cost drops faster than storage demand increases. I haven't run the numbers on that, yet.

>>29664151
Monero side-chains were investigated before, but further research was paused because some feature was not implemented. This might change with or shortly after the atomic swap implementation, because is kinda uses the same principle to exchange xmr between the main and the sidechains. Everything is pretty much like you suggested. https://ipfs.io/ipfs/QmdbNm6GCRP23tBDbs9JXQst65RWUZH1383zYcmkThAJLo/Scaling%20Monero.%20Sub-Ledgers.signed

[Anonymous No.29664997]

>>29658498
Ayyyy comfy crabs GTFIH

[Anonymous No.29665071]

>>29662871
Assuming linear growth the blockchain will be 250gb by 2030. Assuming exponential growth it will be about 1TB by 2030 if no improvements are made.

This isn't a legit complaint. In 2010 the average size was 256gb the average size is now 4TB with no signs of slowing down. The rate of technical progress is growing faster than the blockchain size of Monero by at least an order of magnitude. This means that in the long term it'll actually occupy fewer % of storage space. Not more. Meaning the problem will only become less relevant with time.

[Anonymous No.29665133]

>>29664997

[Anonymous No.29665196]

anyone know whats the best way to fund a Kraken wallet? 30 dollars for a wire transfer seems much, especially to test if the transaction is working or not.

[Anonymous No.29665281]

>>29665196
I’ve never had a US dollar touch my kraken account I just fund it with BTC I got via regular KYC means

[Anonymous No.29665426]

>>29665281
I should have been specific, I use CashApp, or P2P buy my BTC.

[Anonymous No.29665483]

>>29648570
>>29641848
Actually it's about 18.4 million when the tail emission begins. The initial supply was set at 2^64 - 1 = 18 446 744 073 709 551 615 atomic units. That's the largest 64 bit integer and when you use 12 decimal places it's similar to Bitcoin's 21M max supply. The tail emission take the total supply to the same level as bitcoin in about 2040 so for most rough estimates of price and supply comparison I consider BTC and XMR the same supply.

[Anonymous No.29665723]

I bought 10 Monero for 200 dollars
When will I be a millionaire

[Anonymous No.29665786]

>>29665723
In time, things seem to be moving along according to plan

[Anonymous No.29665791]

>>29665723
idk. buy more.

[Anonymous No.29665811]

what's a good small mining pool that won't rug me?
don't like the idea of huge pools

[Anonymous No.29666106]

>>29642916
CLI on airgapped linux machine

[Anonymous No.29666175]

>>29664848
>This might change with or shortly after the atomic swap implementation, because is kinda uses the same principle to exchange xmr between the main and the sidechains
I was thinking of suggesting exactly that, if you could atomic swap between a Monero mainline store-of-value branch and a currency-style side-chain then you could have your cake and eat it too.

What you could do to square things away is (assuming atomic swaps are implemented) have a temporary sidechain, where after say 1000 blocks the protocol *requires* you to settle back into the main branch, and that the main branch cannot be interacted with except through these settlements. Once settlement is complete, delete the 1000-block temporary chain and make a new one. You could do this by requiring that every transaction also include a secondary settlement transaction, basically party A sends XMR to party B, and unless party B overrules it by sending it on to party C (with a new secondary settlement transaction) then at the end of the 1000 blocks the settlement transaction would be automatically triggered. I'm not sure if you could implement such changes without a hard fork though.

[Anonymous No.29666404]

>>29666175
>I'm not sure if you could implement such changes without a hard fork though.
Luckily the monero devs aren't shy of hard forks if they are deemed necassary

[Anonymous No.29666526]

threadly reminder that this is the perfect xmr-chan

[Anonymous No.29666602]

>>29665071
>1TB by 2030
Kek. SSDs probably will be over 50TB by then

[Anonymous No.29666639]

>>29666526
I'd like to see her in a more conservative outfit

[Anonymous No.29666650]

>>29659807
You sure about that hashrate?
I just tested my i7-8550U, and it gets 1000 H/s on 4 cores.

[Anonymous No.29666686]

>>29665723
That's like saying I bought 10 XLM when will I be a thousandaire.

[Anonymous No.29666830]

>>29664151
A cryptoCURRENCY can not be a store of value if it has no other use case than everyone touting (((store of value))). Few understand this

[Anonymous No.29666895]

>>29666686
I didn't buy xlm though I bought monero which is a one way ticket to funkytown
I just wanted to know WGEN I would be rich

[Anonymous No.29666944]

>>29666830
It has to be both. Just one is not good enough long-term.

[Anonymous No.29666948]

How does grayscale investment going on? Are they invested yet?

[Anonymous No.29667119]

>>29666650

Look here >>29660407. Run it as admin and see if it gets better.

The only weird thing is that I can't make my GPU work. It keeps at 0 RPM and unused.

[Anonymous No.29667123]

>>29666948
Let me check twitter.com/xmr_whale_alert real quick - nope, doesn't look like it

[Anonymous No.29667168]

>>29665483
In light of this, a cool make it stack could be 2^48 - 1 = 281 XMR. Alternatively 2^44 = 17.6 XMR is a good suicide stack.

[Anonymous No.29667169]

>>29667123
Kek

[Anonymous No.29667180]

>>29662565
Then why not just use Tor to begin with and ditch the sporestack shit you mentioned?... VPNs are good for anons just looking for some privacy, to get away from a snooping ISP. It's good for anons in tiny europoor countries whose authorities are impotent on the global scene. Tor for anything more than that.

[Anonymous No.29667309]

>>29665071
>This means that in the long term it'll actually occupy fewer % of storage space.
Hopefully XMR adoption at least keeps up with technological advances. I would like my anon set to be much larger in the future. It's true that blockchain size won't be an issue in the next decade however, even with bitcoin levels of adoption.

[Anonymous No.29667699]

>>29665071
I don't understand how you could calculate only 1TB here, if it gets to beyond BTC levels (which is the goal) shouldn't the blockchain grow fucking massive?

[Anonymous No.29667728]

>>29667123

KEK https://twitter.com/xmr_whale_alert/status/1359441914995609601

[Anonymous No.29667903]

>>29667309
>I would like my anon set to be much larger in the future.
based af

[Anonymous No.29668114]

>>29667728
lmao, XMR chads: the post

[Anonymous No.29668524]

>>29666175
I can see something like this being implemented. It sounds reminiscent of mimblewimble in terms of operation, which I definitely have a soft spot for. This is the kind of end game feature that would made monero's dominance inevitable. The fact that it would probably require a hard fork is one of the reasons I'm absolutely fine with monero remaining undervalued. I still have trust issues from what the moonbois and small blockers did to bitcoin. These kind of hardforks will become increasingly more difficult to implement as the community expands.

[Anonymous No.29668545]

I sent 500 euro to Binance and 1000 euro to Kraken on Monday. Kraken still hasn't released the money to my account despite telling me they did after my first ticket, and they haven't even replied to my second 2-day old ticket yet. I wanted to buy during the two dips - the Tuesday morning one I woke up and it was 150 euro, I wanted to spend it all right then and more, I want to spend 5000 when I know more about trading in crypto but I was testing the different exchanges, there was no money in my accounts at the time and I didn't want to use localmonero because I thought I'd be getting Jew'd. I spent the 500 in Binance as soon as it entered my account, which is coincidentally when it peaked again at at 180 euro just before it started going down again.
Since all this happened, I did another SEPA transfer to Kraken yesterday for 777 euro. It went through to my account today no problem. But I wanted to spend money again yesterday when it went down to 160 when I did the SEPA payment :( I am also finding out today after this whole ordeal that the markup rates on kraken aren't even that much better than localmonero, which I could have used day 1 instantly without this retarded system of transfering money to some sketchy Jewish exchange with shit customer support before even signing off on a deal. I saw many traders were selling monero at 175 euro (SEPA) when it was valued at 170. that's compared to 173 euro at 170 on kraken. but I couldn't see the kraken rates until I had euro in my account (the price comparison website linked to on getmonero stopped working a few days ago?). I've used localbitcoins a lot and never had to deal with this headache. Should've just stuck with what works. Buying from an exchange is the most Jewish thing I've ever had to deal with. I'd much rather help some small-time trader by giving him an extra 10 euro on a 1000 euro transaction than save that much trading with billionaire Christ-killers and globalist corporations that want to destroy my race.

[Anonymous No.29668789]

>>29668545
also, someone on here was calling me an idiot for saying you can't buy monero directly from binance using euro but they're definitely wrong. you need to buy usdt, busd or bnb and then use that to buy monero for whatever retarded reason. and I didn't check but I assume when I did this they took a transfer fee twice. no idea why anyone uses that shit site, it's the most convoluted Jewish mess.

[Anonymous No.29669253]

>>29668545
kraken in general is working fine and sepa transfers to them are usually pretty quick. Even the KYC process was smooth for me. Considering that they also donate to the CSS fund (they only donate to a few select cryptos), I'd say that they are the mosted based exchange.

[Anonymous No.29669416]

I work in a government agency with very inept IT staff but pretty modern laptops. If I could get all 30 laptops mining XMR during business hours how much would I make a month?

[Anonymous No.29669602]

>>29669416
>I work in a government agency
nice try alphabet boy, don't mine on any hardware you don't have express permission to use
on a serious note, it depends on the hardware and how well you tune it

[Anonymous No.29670447]

>>29669416
If you tune the laptops correctly, you could probably make about 120 months of jail time

[Anonymous No.29670620]

>>29670447
which would come out to about 0.8% of your sentence per month

[Anonymous No.29671786]

You're an idiot, you buy a stablecoin with your fiat and trade the xmr pair at a 0.1% fee. Please don't bother with crypto, you're not going to make it

[Anonymous No.29671872]

>>29671786
>>29668789

[Anonymous No.29672885]

>>29671786
>T. Herman Pennypinchman

[Anonymous No.29673294]

>try to buy XMR with ETH
>mfw gas fees

[Anonymous No.29673350]

>>29669253
>css fund
idk what that is so I don't know why I'd care. I just want to buy monero when I want without the Jewish headache.
>>29671786
>you buy a stablecoin with your fiat and trade the xmr pair at a 0.1% fee
why? why don't they just let me buy with the Euro they insist I transfer to their bank account days in advance (which is the first step that you left out)? Why 3 steps instead of 1? why do they charge an extra % fee for making the transaction more convoluted and frustrating? I'd rather not let an enormous sum of money sit in their bank account just in case I want to buy crypto in the future, especially not when there are less convoluted options that are CHEAPER (German fella selling at 175 euro right now, SEPA) and helping out someone whose net worth likely isn't 100x my own and is a gentile, not some Jewish billionaire?

[Anonymous No.29673932]

>>29673350
>idk what that is
got a typo there, meant: https://ccs.getmonero.org/

[Anonymous No.29674113]

>>29662871
A lot of of people connect to a remote node right now anyway, maybe even the majority of xmr users. And it's still possible to maintain privacy it's not as decentralized, but honestly that will be the problem with every crypto that gets big enough.

[Anonymous No.29674222]

>>29673350
Buying monero with tether isn't convoluted at all. Use localbitcoins if you want an instant transfer and don't mind some nerd jerking it to your ID

[Anonymous No.29675892]

>>29673350
>why? why don't they just let me buy with the Euro
probably because allowing direct conversion of fiat money into impossible-to-verify-without-consent cryptocurrency makes enforcement agencies bleed from the eyes and ears

[Anonymous No.29676162]

>>29642442
extremely based

[Anonymous No.29676700]

>>29673350
kraken is the best for sure, instant sepa works like a charm, literally takes me 5 seconds to add funds. Same with binance, but there I gotta buy BTC first and then convert to XMR

[Anonymous No.29677101]

Can I get a quick rundown on Monero? Seems like a comfy coin.

[Anonymous No.29677215]

>>29677101
Unknown coin

[Anonymous No.29677919]

>>29677101
What early BTC used to be and what people incorrectly think BTC is now.

[Anonymous No.29678350]

>tfw mining at 8kH/s
Am I going to make it ?

[Anonymous No.29678548]

be wary investing in monero. while it's true the Jewish and homosexual mafia use it to hide some of their vast wealth and criminal activities, there is nothing stopping them from using different means, or even making a monero fork in the future that dodges whatever regulations snare monero investors and destroy their livelihoods. Just think about it this way - a lot of freedom-loving goys (the ones which are mortal enemies of the Jew, whether said goys are jwoke or not) have become wealthy from early adoption. There is nothing a kike hates more that seeing gentiles escape their cuckshed. When monero gets regulated, the Jew will know about it in advance and they will tank monero before the news even reaches us goyim. It's best to invest in coins that are more normie-friendly as nothing would make kikes happier than for every white male age 20-40 to be trading in bitcoin. you can't win against the Jew, and if you think you can then you are a fool. No hate intended. I wish you the best of look monerobros.

[Anonymous No.29678790]

>>29677101
>privacy by default
>very low fee (for now, I’m sure it will encounter issues in the future which require further development)
>fast transactions
>circulating supply comparable to that of BTC
>technically infinite supply, but over time works out to 0% inflation rate, block reward will drop to 0.6 and stay there forever to incentivize miners to continue mining forever

None of this even scratches the surface of the genuine adoption it’s seen, if you’re buying on a dark net marketplace and they DONT accept Monero, it’s a red flag.
Monero will see significant gains off of criminal networks alone, thats saying nothing about speculators, libertarian types or normies who just want to hide a $20k “sky is falling” fund from their wives

[Anonymous No.29679061]

>>29678548
>Just buy the kike coin
Jews get the gass

[Anonymous No.29679204]

>>29669416
you will be fired and probably have charges pressed against you
i know glowies are dumb, but holy shit

[Anonymous No.29680736]

>>29665196
use coinbase pro for feeless cash deposits and buy ltc to send to kraken

[Anonymous No.29680822]

>>29657534
Wrong. Bisq is a trusted party. If any blacklisted BTC comes in they will freeze it. Atomic swaps will with 100% certainty move the price up when blacklisted wallets swap to XMR.

[Anonymous No.29680946]

>>29680822
who is going to trade with blacklisted wallets?

[Anonymous No.29681228]

>>29661963
Well if you use a vpn provider, then you aren’t the only one connecting to them so if someone found your ip connecting to the vpn then there is some deniability that it was you who accessed whatever site for example. The rest of it comes down to trusting the providers that they are neutral and do not store logs. Vpn works fine for torrenting so I don’t see why it wouldn’t be fine for other things

[Anonymous No.29681240]

>>29657534
>>29680822
The more important part is that the atomic swap on-chain data does not reveal that a swap has taken pace. On both sides it looks just like a normal transaction. That's also why bitcoins taproot is needed.

[Anonymous No.29681376]

>>29662871
That going to take a long time and it’s honestly relatively cheap for that kind of storage.

[Anonymous No.29681436]

>>29659319
>official pool recommended by the Monero development team
I've been mining on MoneroOcean since 2007 when we had to run a closed-source miner for Vegas to mine multi-algo. It's a cool pool and the operator is very helpful but it's not officially recommended by the development team. They don't recommend anything. go to https://miningpoolstats.stream/monero and choose one that is not at the top.

[Anonymous No.29681514]

>>29677101
>Can I get a quick rundown on Monero? Seems like a comfy coin.

[Anonymous No.29681608]

>>29681240
Hold on, does it show that a swap happened if it's done on Bisq?

[Anonymous No.29681757]

>>29680946
People will take the risk for anything if the discount is high enough. Also it could be a way of buying BTC (investing) when you think it rises and the sell again for XMR.

>>29681608
No it does not but you bet your ass BISQ keeps ledger of all transactions they did for AML and KYC compliance.

[Anonymous No.29681892]

>>29681228
VPN works well enough that torrenting is possible, because to access any logs (with good vpns) you'd need a search warrent. So stuff like multi-million dollar fraud, large drug selllers, weapon dealer, human trafficing and child porn suppliers can and will still be tracked - but it effectively limits mass surveilance and associated impact on free speech, and these are the things I care about.

[Anonymous No.29682251]

>>29678790
>(for now, I’m sure it will encounter issues in the future which require further development)
Actually no.
Monero uses dynamic block size, which means the blocks will get bigger if there are more transactions. This avoids Bitcoin's fundamental issue with a fee market. There is no fee market for monero.
> libertarian types or normies who just want to hide a $20k “sky is falling” fund from their wives
I imagine this use case will start to reveal itself over time.

[Anonymous No.29682906]

>>29681757
>No it does not but you bet your ass BISQ keeps ledger of all transactions they did for AML and KYC compliance.
Exactly. Law enforcement will have a VERY close look on all whales as they can be a thread to the status quo. Bisq if fine for most people, but if you have wallets with 1k+ BTC you will be always a target. Atomic swaps protect you.
There are currently about 2.5k wallets with at least 1k BTC (total 42.57% of the supply); if just 1% of those exchange 10% of their holdings into monero, moneros marketcap will grow by 2.5 times (= +150%). Pure speculation and don't think this exchange will happen as soon as it's availabe, but gradually over time. Whales need liquidity and it'll take a while to build that up.

[Anonymous No.29683879]

>>29682906
There is one thing I've been wondering about in this whole scenario, and that is what will happen to the person on the receiving end of the whale's bitcoin?

[Anonymous No.29684214]

>>29677215
>>29677919
>>29678790
>>29681514
I really like the privacy aspect and hope that continues to filter ultranormals from buying it.

[Anonymous No.29684555]

>>29683879
good question

maybe he'll redirect this money to his personally moon like some vacation, coke and thai hookers.

[Anonymous No.29684786]

>>29683879
Well, I assume that the coins are clean from a previously anonymous wallet ie. early mining operations. I also assume that most monero sellers will ony exchange small amounts, ie. less than 1BTC.
In this case there will be many destination addresses, which is MUCH harder to attack. If you launder "just" 10BTC thats about 500k$ and reason enough to get your own, personal three letter agent. If the 500k are split into 5k chuncks you suddenly have to track down a hundred different people - the effort is likely economically unfeasable.
Yes, blacklisting is possible, but if the coins are clean there is little reason to do so.

[Anonymous No.29684867]

>>29683879
I've been wondering the same thing, only thing I can think of is maybe you'll just have to be a really straight edge person (on paper at least) so that you can pass all the KYC/AML necessary and the coins won't be considered tainted anymore.

[Anonymous No.29684896]

>>29684555
What I mean to say is that aren't these coins effectively "tainted", since they are being watched by the whole world?

[Anonymous No.29685115]

>>29684896
I think xmr coins are fungible, there's nothing to mark them like bitcoins as there's no public ledger.

[Anonymous No.29685423]

>>29685115
>receiving end of the whale's bitcoin

[Anonymous No.29685806]

>>29685423
sorry thought you mean monero whale, now it makes sense.

good question, a lot of bitcoins are gonna be "unusable" and payment gateways may insta refuse them based on a blacklist in the future.
the bagholder are gonna take the loss just like when you loss if you sell your car for a suitcase full of counterfeit bills. it was your fault not to check them as it was the "tainted coin" holder to not check it.

[Anonymous No.29685945]

Monero is great but there really isnt any tainted bitcoin. U could take dirty btc and send small amounts to every address, now all bitcoin is tainted? Lol

[Anonymous No.29686475]

>>29685945
yes

[Anonymous No.29686596]

>>29685945

Come on then do a trade with this wallet address:
149w62rY42aZBox8fGcmqNsXUzSStKeq8C

This bitcoin address you see here is blacklisted by the U.S. Treasury if you do a trade with it you might get imprisoned

[Anonymous No.29686616]

the only way to prevent receiving small amounts of dirty btc is to use an Official Bitcoin Wallet(TM) - Brought to you by Coinbase and Carls Jr.

[Anonymous No.29686721]

>>29685945
This is exactly how it works. They flag one address and all the ones that make transactions with that address.

[Anonymous No.29687170]

>>29686721
Wait, so I could do an ebin prank by creating a transaction sending part of the tokens to that address and part of it to a merchant, and the merchant gets fucked up?

[Anonymous No.29687349]

>>29678548
just like they punished the goyim that invested in btc huh
the jews certainly didn't FOMO into bitcoin 9 years later like the retards they are.

[Anonymous No.29687456]

>>29687170
This is why the whole hurr durr tained bitcoin thing is retarded. You could just get any address blacklisted by sabotaging it.

I hate that people can see your transactions and balance and its why monero is the future but in reality 1bitcoin=1bitcoin. I would take any "tainted" btc for t he same price

[Anonymous No.29687684]

>>29687456
humans can not and do not value the mathematical representation of bitcoin indiscriminately. it's intrinsically non-fungible because no matter how much of a red blooded anarchist you are, the fruit merchant down the street doesn't want your btc that was used to cut cocaine 5 transactions prior

[Anonymous No.29687927]

>>29687170
Yep
>>29687456
How naive.
Exchanges are already flagging accounts for “suspicious activity”. It’s only going to get worse as chain analysis improves. Your misunderstanding of coin taint and not considering the long term implications of broadcasting every transaction on a public ledger is an indicator of how stupid bitcoin maxis are.

[Anonymous No.29688055]

>>29687170
welcome to bitcoin

[Anonymous No.29688342]

>>29687456
>I hate that people can see your transactions and balance and its why monero is the future but in reality 1bitcoin=1bitcoin. I would take any "tainted" btc for t he same price

Transacting with sanctioned (blacklisted) crypto addresses is just asking to get fucked with by Uncle Sam.

If you believe otherwise I suggest you head over to the US Treasury website and read all about it.

[Anonymous No.29688816]

>>29684786
I guess what I meant to say is that the person buying the bitcoins will also take on the identity of the original whale, and everything that entails.

[Anonymous No.29689013]

>>29658798
I'm using minexmr.com
It's valid? Profitable?

[Anonymous No.29689180]

>>29689013
It seems legitimate, not used it though
One drawback it has to moneroocean is the 1% pool fees, since ocean has 0% fees
As for profitable, that mostly depends on your setup

[Anonymous No.29689221]

Anyone mining on nanopool?

[Anonymous No.29689340]

>>29689221
I did for a bit but it's a bit too centralised for me, moved off to >>29658798 recently

[Anonymous No.29689465]

>>29688342
>mandatory seizures
Now I'm tempted to donate trace amounts of BTC to blacklisted addresses + donation addresses for certain political causes I disagree with.

[Anonymous No.29689511]

>>29689340
I see. I'll wait for the minimum payout to move if i see a need to do so.

[Anonymous No.29689810]

>>29689180
>moneroocean
Their js miner is good?
I have access to 15+ machines at night
Some have antivirus, so xmrig does not work

[Anonymous No.29689886]

>>29689810
Not actually tried their JS miner, I would assume it wouldn't be as good as mining on a dedicated tool

[Anonymous No.29690692]

>>29689465
>Now I'm tempted to donate trace amounts of BTC to blacklisted addresses + donation addresses for certain political causes I disagree with.

Trace amounts would likely be ignored, they must have some kind of minimum threshold set. But try it and find out.

[Anonymous No.29690878]

>>29687456
there are obviously different levels of taint based on statistical analysis