/XMR/ Monero General

[Anonymous No.49301010]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, 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 ensure that Monero's blockchain is obfuscated -- In other words, 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 user willingly providing a view key.

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 transactions 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 June 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/wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

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

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
My Monero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

[Anonymous No.49301037]

PREVIOUS THREAD: >>49252335

[Anonymous No.49301065]

STOP MINING IN MINEXMR
>START MINING IN P2POOL
STOP MINING IN MINEXMR
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shutdown/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't; It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. When P2Pool reaches 51% of the total network hashrate, Monero will be essentially invulnerable to such attacks.


YOU CAN NOW MINE IN P2POOL DIRECTLY FROM THE MONERO GUI WALLET!

If you have a PC or laptop:

1. Download Monero GUI
https://i.imgur.com/ZGefPef.png

2. Pick 'Advanced' mode
https://i.imgur.com/4c0uSE4.png

3. Set up your wallet
https://i.imgur.com/4lMKh00.png

4. Keep the default Daemon settings "Start a node automatically in the background"
https://i.imgur.com/maACmmT.png

5. Once sync'd, go to Advanced->Mining and pick 'P2Pool'. If you have a laptop or low-end PC (~50 kH/s) pick "Mini" pool, else pick "Main"
https://i.imgur.com/E60JeMG.png

P2Pool-compatible remote nodes if you do not have your own local copy of the blockchain:

>p2pmd.xmrvsbeast.com - (Western Europe) (rpc-port 18081, zmq-port 18083)
>myxmr.net - (Northern Europe) (rpc-port 18081, zmq-port 18083)

OTHERWISE SWITCH TO A SMALLER POOL, IT TAKES YOU 30 SECONDS AND YOU CAN JUST SOURCE A DIFFERENT CONFIG FILE IF YOU DON'T WANT TO FUCK UP YOUR EXISTING ONE.

Many inexperienced miners think that big pools give better profits which is not the case. Your profits in the long run depend only on your hashrate, not on the pool's hashrate.

https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

[Anonymous No.49301066]

love monero
'ate niggers
simple as

[Anonymous No.49301081]

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

[Anonymous No.49301099]

>The irrational exuberance of cryptocurrency investors

Irrational exuberance is characterized as a hype-fueled mania that causes investors to massively overestimate an asset's real-world value. In this delusional state, investors tend to become so smitten with expectations of greater profits that they disregard the assets’ potentially weak fundamentals and drink the proverbial Kool-Aid.

This then leads to them recklessly and repeatedly buying into whatever asset is currently rising in the charts, thereby triggering and/or sustaining an asset bubble. This bubble is kept inflated solely by the mass delusion that the market price is justified and will only keep going up in future, effectively becoming a self-fulfilling prophecy. Note that bubbles can last for years, especially in an age of easy investor on-boarding. However, when history inevitably repeats and the bubble bursts that optimism invariably turns into panic as the asset crashes back down to its real-world value.

In finance, the "greater fool theory" suggests that one can sometimes make money through the purchase of overvalued assets—items with a purchase price drastically exceeding the intrinsic value—if those assets can later be resold at an even higher price.

In this context, one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero.

This effect is often further exacerbated by herd mentality, whereby people hear stories of others who bought in early and made big profits, causing those who did not buy to feel a fear of missing out.

[Anonymous No.49301120]

Never forget what this is ultimately all about.

[Anonymous No.49301595]

We are holding our own price wise and there are so many Monero threads right now on biz. Comfy.

[Anonymous No.49302474]

Coincard usage goes up!

[Anonymous No.49302527]

On our way to a stateless society, one step at a time

[Anonymous No.49303127]

>>49302527
based

[Anonymous No.49304396]

theoretically, can monero ever be worth like $10000?

[Anonymous No.49304944]

>>49301010
Look at it gaining to btc and eth

[Anonymous No.49305152]

The only thing I am worried about technology-wise is the scaling of the blockchain size. How can this be reasonably maintained going forward?
>bro just hope storage gets cheaper faster than monero transactions grow
Not a long term solution.
>just use the pruned blockchain
Not a long term solution

[Anonymous No.49305295]

Just purchased 150 XMR @ 198 dead. Will I escape the coming technocracy?

>>49305152
But storage is getting cheaper and faster over time; we are still adhering to Moore's law when it comes to computing.

[Anonymous No.49305331]

>>49305152
>Not a long term solution
Says who? In 20 years you'll be able to buy a 1TB flash drive for a buck.

[Anonymous No.49305340]

>>49304944
FTX scam overtaken

[Anonymous No.49305375]

>>49305152
Check out articmines talk at monerotopia. He gives perspective on how much technology has and will continue to improve.

[Anonymous No.49305442]

>>49305375
This one?
https://www.youtube.com/watch?v=Glwz9PcTTRE&list=PLfJ_JjSwYaa9eIi2rFU7l0exz7MQJ1GLu&index=28

[Anonymous No.49305547]

>>49301010

[Anonymous No.49305602]

>>49305340
holy fuck monero bros is it happening?

[Anonymous No.49305656]

>>49305547
Literally every controversial thing used by anyone gets them called a pedophile. Bitcoin was used for this exact purpose too back when it started and the same shaming and gas lighting tactics were used as well. Same with tor same with i2p, etc etc etc.


You people have nothing of value to say and are just inerested in spreading fud. kys

[Anonymous No.49305673]

>>49305442
No this one: https://youtu.be/9RJ5HDmuucY

[Anonymous No.49305677]

>>49305656
>You people
>spreading fud

[Anonymous No.49305701]

>>49305602
Just ignore him. Trolls like him come and go.

[Anonymous No.49305776]

>"US Homeland Security Can Now Track Privacy Crypto Monero"
https://decrypt.co/40284/us-homeland-security-can-now-track-privacy-crypto-monero
With 78-99℅ accuracy.

[Anonymous No.49305847]

>>49305776
Hasn't this been debunked like 50 times here?

[Anonymous No.49305856]

>>49305776
>He fell for two year old bait fud

[Anonymous No.49305914]

>>49305847
Gotta link?
I'm combing through privacy coins and trying to find which ones are best, based purely on technical ability, not market cap. So if this isn't true, that'd be great.

[Anonymous No.49305933]

>>49305340
Turns out XMR was the real Bitcoin all along.

[Anonymous No.49305956]

>>49305914
sorry, im a nigger, its in the sticky

[Anonymous No.49305962]

>>49305914
I don't really think I need a link to debunk this. There's not even a standard or model to look at. People say the same exact thing about tor. Give me some model I can actually look at to see how the crack works and then we can talk but right now the dude is just talking about of his ass.

[Anonymous No.49306022]

>>49305776
FUD already debunked, picrel and Twitter thread:
https://nitter.net/sethforprivacy/status/1516971118854344705#m

[Anonymous No.49306090]

>>49305933
XMR makes Craig Wright, the inventor of the "real Bitcoin", seethe with absolute hatred. Really activates the almonds.

[Anonymous No.49306136]

why aren't we dumping like everyone else?
don't lie to me don't talk about decoooopling

[Anonymous No.49306161]

>>49306136
It's because we have actual fundementals, lol.

[Anonymous No.49306273]

>>49306161
indeed we do have great fundamentals fren

[Anonymous No.49306322]

>>49306136
Because we have actual people who need to buy and use Monero.
I'd also say the low inflation is starting to be felt and Monero bulls are still hungry and stacking.

[Anonymous No.49307067]

>>49304396
With btc current market cap, monero would be like 40k

[Anonymous No.49307071]

feelin comfy bros

[Hodlin Caulfield No.49307505]

[Anonymous No.49307883]

>>49301120
It's about Monero-chan right?

[Hodlin Caulfield No.49307930]

>>49307883
yes

[Anonymous No.49308047]

>>49305295
>Just purchased 150 XMR @ 198 dead. Will I escape the coming technocracy?
probably

[Anonymous No.49308065]

>>49305547
delete this

[Anonymous No.49308119]

>>49306136
xmr was left out of that last bull run to be the bear market play. there are always a few. last cycle was link.

[Anonymous No.49308507]

>>49306136
Dare I say the sanctions on Russia has made a lot of people very nervous that their funds could be turned off at any given moment?

[Anonymous No.49308534]

>>49308047
Very tempted to purchase another 100.

[Anonymous No.49308820]

[Anonymous No.49309226]

>>49305152
I'd imagine that if it ever gets really bad, we could agree to split the blockchain at a set height and have a smaller number of philanthropic people host the full transaction history. So your node would talk to an archival node if it needed to go back to a transaction before the big split.

I agree that it's probably our biggest issue.

[Anonymous No.49309617]

How in the FUCK is bitcoin at 30000 price? It’s 100% not fungible. It’s very tracable and anyone you do business with knows how much your carrying. What a pile of fucking shit. I swear bitcoin had to have been created by the NSA. None of these retards “investing” in “cryptocurrency” are doing anything but trading their shitcoins like fucking Pokémon cards. None of them are using the shit. The only thing bitcoin and other shitcoin do is distract people away from true privacy in a world where privacy coins exist. My guess is, king glownigger of the world economic forum decided to create bitcoin after they were shitting their pants at the cypherpunk manitfesto and the rise of crypto anarchy so they decided to unleash bitcoin on the planet pre emptively to get normies all hooked on their more tracable cryptocurrency. Bitcoin still is king. It sits in the throne. It has the crown. It has all the clout. But it’s really just a piece of shit in king’s clothing whereas the real king is out there out of site for the most part
Either that or satoshi fucked up? I dunno, it’d all too weird at this point that people are dumb enough to buy and trade shit coin for 30000. But I guess when you turn out new cryptocurrencies every day and make them into some Pokémon style arena with a hyper consumeristic advertising to get em all! Trade em! Compete with them “my crypto currency will moon further!”
“Oh no it won’t!” Then this is what ya get.

[Anonymous No.49309693]

Holy fuck I've been sleeping on XMR, I have just one @ like $200. I didn't realize the price was only at like $140 I would've loaded up.

Just binged Monero Matteo videos at work today now I'm having major fomo. XMR is the true king. I kneel. Will there be pullback or is this lifting off?

[Anonymous No.49309727]

https://www.youtube.com/watch?v=HKkRtGMf2Ns
>Crab if you want her
>She won't be coming down (down)
>Down (down)
>Down (down)
>Down (down)
>Crab if you want her
>She won't be coming down

[Anonymous No.49309898]

>>49309693
>Will there be pullback or is this lifting off?
Well we've been in a bull market in terms of sats for 4 months, so it appears we're going to keep going upwards. However if Bitcoin keeps collapsing it's likely going to drag XMR's USD value down with it (and sats too if we get a big panic like with the Luna fiasco). No one can predict the future though.

[Hodlin Caulfield No.49309946]

[Anonymous No.49310262]

>>49305295
>escape the coming technocracy?
well, you send it to your wallet? or is it still on the exchange?

[Anonymous No.49310273]

>>49309693
We could see a decent pump in monero next week due to the tail emissions kicking in (around June 8th). We could also see a decent pump when the next hardfork goes out around July 16th (we got a 22% pump the week the hardfork was announced, but that was also in conjunction with the monerun).

But beyond that I'm not getting my hopes up for any dramatic price increases. We'll likely be crabbing all year until King Shitcoin makes a move.

[Anonymous No.49310328]

>>49310262
Wallet. Used the chinks at kucoin so no kyc.

[Anonymous No.49310416]

>>49310273
QRD on what the fork will include?

[Anonymous No.49310437]

>>49310416
nigga it's in the picture I posted

[Anonymous No.49310448]

>>49310437
ah, my bad then

[Anonymous No.49310693]

>>49305933
BTC and the rest of crypto has fallen a long way, there entire sense of value around a project is how acceptable it is to institutions. What is the point if all they're gonna do is re-create the traditional finance markets but on-chain.

[Anonymous No.49310712]

Was buying only nano, now I started with monero, both look simiar but monero has a large following. Xno has no fees though, that's a big thing. Well hope it goes up.

[Anonymous No.49310758]

>>49305340
We're going to take Litecoin next

[None !!ZrnK6IK8Nit No.49310816]

Reporting in

tor irc- https://pst.klgrth.io/paste/tzm4s
Aliases- https://pst.klgrth.io/paste/bjbx3
Extras- https://pst.klgrth.io/paste/daxte
Nodes- https://pst.klgrth.io/paste/ke2k8
Mining- https://pst.klgrth.io/paste/c7na4

[Anonymous No.49310873]

>>49310758
don't get too cocky
>>49310816
based

[Anonymous No.49310874]

>>49310816
better late than never

[Anonymous No.49310909]

>>49310328
you will be fine.

[Anonymous No.49310913]

>>49301010
Anyone got the screenshot that describes how to audit the total XMR supply?

[Anonymous No.49310936]

I don't get paid until Friday, pls don't have a rally before I can buy my 5 XMR on Kraken

[Anonymous No.49310970]

>>49310712
Nano is reddit tier garbage. No mining network means it's trash.

[Anonymous No.49311835]

>>49310970
Is mining that important? Honest question. One of the reasons i'm using nano is that they are all already "mined". So there's no mining farms.

[Anonymous No.49311910]

>>49305547
Guarantee a good future for your daughter – Get yourself and your family some Monero today.

[Anonymous No.49312760]

>>49311835
Yes.
That's why the usual tribe are working overtime to convince humans that proof-of-work cryptocurrency is killing the planet. Nevermind the fact that consumption and waste are design features of their debt-based monetary paradigm - they are projecting. The legacy financial system is responsible for orders of magnitude more energy and human life expenditure to support its existence than the alternative for proof-of-work cryptocurrencies. Thoughtfully designed proof-of-work is more resilient than proof-of-stake. They are well aware of this and are fighting it.

[Anonymous No.49313029]

Are there any known monero mining farms? Like, think of this but packed with Threadrippers on cheap mobos instead of ASICs
I know it's a pretty dumb question, but who knows, I'm just curious about reading your thoughts on this one

[Anonymous No.49313152]

>>49313029
I bet they exist in some capacity. Anyone willing to bet that much on XMR is probably smart enough to keep an operation like that on the DL though.

[Anonymous No.49313194]

>>49307067
Not good enough

[Anonymous No.49313410]

GO DOOOOWWWWNNNNNNN

[Anonymous No.49313447]

>>49313029
>>49313152
picrel hosts the biggest monero mining farm on the planet
paid in full with (your) taxes

[Anonymous No.49313686]

>>49313410
No today

[Anonymous No.49313938]

>>49313447
CIA supporting state-of-the-art money laundering technology?
Why am I not surprised?

[Anonymous No.49314548]

Can someone refer me to an ETH/XMR swap? Thank you. Also if i use this and people know my ETH address, do they know I've used the swap and maybe my XMR address?

[Anonymous No.49315150]

> Monero is future!!! Trust me!!! No one will need bitcoin!!!!!
Are you sure?

[Anonymous No.49315173]

>>49315150
Hola Iván.

[Anonymous No.49315202]

>>49315150
Tells us one reason you "need" to use bitcoin over traditional money?
I can actually say people NEED to use monero for certain transactions unless they want to upset the local overlords and end up in nono place.
And the list of transactions (((they))) don't allow is getting longer not shorter.

[Anonymous No.49315231]

>>49315202
> (((they)))
Schizoincel, calm down)

[Anonymous No.49315245]

>>49312760
Has anyone done the maths on Monero's carbon footprint? Might as well just club together a few XMR and buy carbon offsets, seems to work for every mega corp.

[Anonymous No.49315253]

>>49315202
> Look at this graph, Monero is down to BTC. Monero is nobody needs scam
> AAAAH TELL ME REASONS!! THE RE-E-E-A-ASO-O-ONS TO USE BTC!!!

[Anonymous No.49315263]

>>49314548
ChangeNow, FixedFloat.
>do they know I've used the swap and maybe my XMR address?
No.

>>49315150
No one will need bitcoin, but it will continue to be used as a vehicle for speculation. I'm not really interested in that but you do you.

[Anonymous No.49315281]

>>49315173
Privet

[Anonymous No.49315329]

>>49315150
Can't even send you BTC without getting v& Ivan.

[Anonymous No.49315338]

The recent surge of xmr shilling on /biz/ and /g/ got me thinking. Who is behind this?

[Anonymous No.49315394]

>>49315338
>he doesn't know

[Anonymous No.49315446]

THE MONERO MOON (ISSUE 45) IS OUT NOW! Grab a coffee or a beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://www.themoneromoon.com/p/the-monero-moon-issue-45?sd=fs&s=r

[Anonymous No.49315470]

>>49315446
>https://www.themoneromoon.com/p/the-monero-moon-issue-45?sd=fs&s=r
Thank You John.

[Anonymous No.49315503]

>>49315446
Thanks John, appreciate it.

[Anonymous No.49315809]

Can whoever is dumping Wownero stop? It's not fun anymore.

Also, Mastering Monero is pretty good. I'm learning more than I thought I would reading it.

[Anonymous No.49315837]

I've read somewhere there are Columbian farmers that you can pay with xmr and buy coffee directly.
Anyone knows if there are chink tea farmers that also work like this?

[Anonymous No.49315882]

>>49315837
Maybe this is what you heard about?
https://gratuitas.org/

For tea, you can be the change you want to see in the world and start one.

[Anonymous No.49315926]

>>49315837
Looking into it, https://tealet.com accepts Bitcorn, you can always see if they'd accept Monero or find something else like this.

[Anonymous No.49316895]

[Anonymous No.49316981]

>>49315809
>>>/wsg/4554708

[Anonymous No.49317057]

getmonero.org

[Anonymous No.49317579]

How do you fags rate RAIL?
>inb4 shillfag
XMR is my only hold, I'm just asking because I respect your opinion

[Anonymous No.49317948]

DON'T FORGET TO MINE MONERO ON P2POOL (MINI) AND TO NEVER MINE ON A CENTRALIZED POOL
>DON'T FORGET TO MINE MONERO ON P2POOL (MINI) AND TO NEVER MINE ON A CENTRALIZED POOL
DON'T FORGET TO MINE MONERO ON P2POOL (MINI) AND TO NEVER MINE ON A CENTRALIZED POOL
>DON'T FORGET TO MINE MONERO ON P2POOL (MINI) AND TO NEVER MINE ON A CENTRALIZED POOL

[Anonymous No.49317958]

>>49317579
smart contract curry

[Anonymous No.49318434]

Give me an idea for モネロちゃん art

[Anonymous No.49318718]

>>49318434
fuck off with that shit

[Anonymous No.49318739]

>>49318434
Monerochan hosting a party with apu and wojak and other characters, celebrating tail emission as if it was a graduation party.

>>49318718
kys cunt

[Anonymous No.49318831]

>>49317948
based
>>49315446
thx

[Anonymous No.49319069]

>>49318739
>Monerochan hosting a party with apu and wojak and other characters, celebrating tail emission as if it was a graduation party.
Sounds fun.

[Anonymous No.49319276]

Is the Android wallet in the OP still up to date and safe to use? Just wanna use it as a middle wallet between Kraken and my cold wallet.

[Anonymous No.49319908]

>>49319276
You can also use shruum wallet on android or monero.com wallet on IOS. OP has not been updated yet. The others are still good.
Shruum has mandatory Tor usage to amplify privacy.

Also, always receive transactions from sub-addresses so that the exchanges don't get that much information about you.

[Anonymous No.49320578]

>>49319908
Alright will check it out thank you, just bought my first Monero since 2017 heh

[Anonymous No.49321017]

>>49320578
Based, you're welcome brother.

[Anonymous No.49321087]

>>49319908
There is nothing wrong with monerujo.
>>49319276
Yeah that's fine. The exchange will obviously know kyc info about you so as long as you are fine with that then you are good.

[Anonymous No.49321302]

>>49321087
I've read somewhere that they keep the info about you for 5 years.
Not that long to be honest. Especially for xmr that is long hold or spend right away kind of deal.

[Anonymous No.49321675]

>>49304396
A piece of bread can be worth 10k if they continue printing currency.

>>49302527
based

[Anonymous No.49321907]

>buy BTC
>trade it for Monero
>put in on Exodus

That's the way, monerochads?

[Anonymous No.49322055]

>>49321907
>exodus
https://support.exodus.com/article/89-is-exodus-open-source#

Literally just use the desktop GUI wallet or cake

[Anonymous No.49322109]

>>49322055
Just saw that too. Thanks. Will use GUI

[Anonymous No.49322252]

>>49321907
Exodus is only on there for normies.
Real niggas use feather or gui. And the realest niggas of all use the cli.

[Anonymous No.49322257]

>>49301065
anyway to start mining without downloading the entire blockchain ?

[Anonymous No.49322353]

>>49322257

>P2Pool-compatible remote nodes if you do not have your own local copy of the blockchain:

>p2pmd.xmrvsbeast.com - (Western Europe) (rpc-port 18081, zmq-port 18083)
>myxmr.net - (Northern Europe) (rpc-port 18081, zmq-port 18083)

[Anonymous No.49322441]

>>49322257
Yeah download xmrig and use a pool like moneroocean.

[Anonymous No.49322550]

poast onion p2p seed nodes.

add-peer=4egylyolrzsk6rskorqvocipdo4tqqoyzxnplbjorns7issmgpoxvtyd.onion:18083
add-peer=fagmobguo6u4z4b2ghyg3jegcdpmd4qj4wxkhemph5d5q6dltllveqyd.onion:18083
add-peer=monerokdwzyuml7vfp73fjx5277lzesbrq4nvbl3r3t5ctgodsx34vid.onion:18089
add-peer=b75obarnhi42p7js7wgzo7v3wtiwcgf4bknrwv6ihatop77jivrtwpid.onion:15892
add-peer=5nvd6jbefgto3u74nzzdkcsbqgxyzrkk7bz5qupsdqg4gbuj5valiaqd.onion:18083
add-peer=ozeavjybjbxbvmfcpxzjcn4zklbgohjwwndzenjt44pypvx6jisy74id.onion:18083

[Anonymous No.49322656]

>>49301010
Fucking normies realized there's this increasingly more important thing called "privacy" and now won't stop pumping XMR, fucking up my DCA.

[Anonymous No.49322807]

>>49321087
I said the others (Monerujo and Cake Wallet) are still good. Didn't state otherwise.

[Anonymous No.49322811]

I'm officially a Monero-Chad now

[Anonymous No.49323092]

>>49315338
It's mostly me trying to wake up the fools on /biz/ but I don't post on /g/


Not a shill, I just like the coin

[Anonymous No.49323265]

>>49322811
Welcome to the club.

[Anonymous No.49323780]

>>49323265
Man, even with a revolver, I'll never feel right about appendix carry.

[Anonymous No.49325064]

[Anonymous No.49325976]

>>49317057
how did you get the xray of my testicles????

[Anonymous No.49326622]

>>49317057
wtf is this made from?

[Anonymous No.49326649]

>>49323265
Nice

[Anonymous No.49327667]

>>49318739
use english fag or they get a third

[Anonymous No.49328004]

>>49327667
what are you even talking about

[Anonymous No.49328032]

>>49308065
Why do you want him to do that? Do you hate children?

[Anonymous No.49328858]

how do you get xmr to real life usd

[Anonymous No.49328935]

>>49328858
sell to me

[Anonymous No.49329270]

what do xmr radicals think about hbar and xrp?

[Anonymous No.49329438]

>>49308820

[Anonymous No.49329914]

>>49315809
>wownero might flip haven

[Anonymous No.49330360]

i have 0 xmr. should i start buying? please explain to me in retard terms why i should buy xmr.

my folio is mainly btc eth link and a couple alt coins

[Anonymous No.49330424]

>>49330360
>please explain to me in retard terms why i should buy xmr.

The darknet adopted Bitcoin in 2011. Now its ditching Bitcoin for Monero. Extrapolate, contemplate & dilate.

[Anonymous No.49330486]

>>49330424
should i buy now? it seems to be having a mini pump?
or can i expect sub$200 soon

[Hodlin Caulfield No.49330756]

>>49330486
it think will probably crab around 200 until the next hardfork or sooner if reddit crowd tries another big withdraw for the tail emission but who knows

[Anonymous No.49330821]

>>49330360
Depends on who you are. I would recommend looking into it regardless.
If you do end up buying: get it off the exchange immediately.
>>49330486
It might go down.
Then again... it might go up.

[Anonymous No.49331021]

>>49330821
who i am?

[Anonymous No.49331044]

>>49330486
DCA. If you think it will go a lot lower save a lot of powder and buy on the way down. Remember to always withdraw.

[Anonymous No.49331101]

>>49331044
>>49330821
i can buy it on siennaswap but it is wrapped. or should i buy the real thing on kucoin?

[Anonymous No.49331245]

>>49331101
Wrapped coins are for homosexuals.
Just use atomic swaps instead of gay pseudocoins.

[Anonymous No.49331335]

>>49323092
>trying to wake up the fools on /biz/
all you’re doing is attracting the moon faggots

[Anonymous No.49331460]

>>49331101
Wrapped xmr is not xmr. Buy the real thing.
>>49331245
Atomic swaps don't really exist yet (they do but it is being built for them to be usable)

[Anonymous No.49331541]

>>49330486
My personal guess is the coming hard fork + tail emission will cause a pullback because of the buy the rumour sell the news meme

[Anonymous No.49331605]

>>49331541
what rumor?

[Anonymous No.49331694]

>>49331605
Exactly. People will just sell on the news like they did with litecoin and MWEB

[Anonymous No.49331737]

>>49331694
Well then I guess I'm buying more then. This current crash has been good for my stack so far. I just might have a break it stack sooner than later.

[Anonymous No.49332083]

>>49331541
>Tail emission will drop the rewards from 0.65 to 0.6
>amplified privacy upgrade
Overall it won't change much, if there's any substantial movement it'll be speculative.

[Anonymous No.49332098]

>>49329270
I don't.

[Anonymous No.49332433]

>>49332083
Don't forget the view key thingies that will reduce sync time by 40%

[Anonymous No.49332470]

>>49332083
block rewards are already only 0.605038/block, I don't see a massive run happening in response but now the only thing I need to worry about effecting my mining is more miners on the network.

[Anonymous No.49332547]

>>49331541
I think Monero will continue slowly crabbing upwards with a possible pump on tail emission day just because many of us have been waiting for this for years now. Monero will get some nice press for this as well as the hard fork. I'm sure it'll correct back down. I'm hoping we can hit 0.008 before dumping back down to where we are now if Bitcoin shits to 20k or something along those lines.

[Anonymous No.49332636]

>>49331335
So long as they self-custody I consider it a win

[Anonymous No.49332891]

>>49329438
>>49309946
>>49308820
Fucking coomers. Stop sexualizing Monero-Chan REEEEE

[Anonymous No.49332904]

>>49317948
Why Mini and not Main?

[Anonymous No.49333015]

>>49332904
It's better suited towards people with devices that get low hash rates.

[Anonymous No.49333185]

what was the QRD on timing attacks?
does that matter between wallets or is that just an exchange to exchange thing
or if sending 0.5 XMR between addresses, is it best to split it between one transaction of 0.21 and then a different transaction later with 0.29?

[Anonymous No.49333192]

>>49332891
I love monero chan's gigantic perky milkers!

[Anonymous No.49333249]

>>49332433
Yes that too, all these changes are necessary but we won't see massive price increase because of the fork (and that's completely fine).
>>49332470
I agree, you're probably already on p2pool, is that much of a concern?

[Anonymous No.49333320]

>>49315446
Dr Daniel Kim's talk is amazing. Ty anon for not being a faggot.

[Anonymous No.49333538]

Why the fuck is it taking me so long to download the blockchain? I have gig internet and this is day 3 since I started the sync

[Anonymous No.49333701]

>>49307883
You forgot the comma you nigger.

[Anonymous No.49333833]

>>49333538
took me almost a week to download the blockchain

[Anonymous No.49334217]

>>49333249
I meant total nethash not just pool competitors.

[Anonymous No.49334245]

>>49333538
It's not just downloading. When it "syncs" it's also verifying each block, so the speed at which your wallet syncs is dependent on:

>internet speed (obviously)
>CPU speed (not sure how important the thread/core count is)
>type of storage used (HDD=slow, SSD=fast, NVMe=probably optimal but I really don't know for sure)

Even when using remote nodes you have to verify each block starting at the last block your wallet was synced at.

[Anonymous No.49334589]

>>49333185
Breaking Monero has an episode on this.

[Anonymous No.49334624]

>>49333538
Because you are using a hdd

[Anonymous No.49334661]

I dont get the mining aspects of btc vs xmr. If btc mining becomes harder to do and more energy intensive every halving while governments actively do their best to shut down new energy resources how is this going to work when btc goes up to compensate for smaller pools of energy being available? Do they want people to get angry to the point of hot wars with major btc mining companies? Then xmr mining I assume is very flat in demand to mine a new XMR, like no need for literal oil drilling flareoff to power like BTC? So XMR price appreciation would be because of demand for XMR and limited XMR available from tail emissions coming soon?

[Anonymous No.49334828]

>>49333701
Be faster next time you fucking faggot.

[Anonymous No.49335819]

[Anonymous No.49336105]

>>49334661
>how is this going to work when btc goes up to compensate for smaller pools of energy being available?
Bitcoin's price is a function of two things:
1. People's confidence that Bitcoin will be useful/valuable in the future.
2. Difficulty in obtaining bitcoins.

#1 is why Bitcoin swings wildly in price; we're all just playing a guessing game on whether or not crypto will be useful or is just a galactic-scale scam. It's also why Monero swings less often: people know that it's already being used and won't change in usage and also that it'll probably stay niche. It's a surer thing with smaller returns. It'll probably exist in 10 years, but it also probably won't be anyone's reserve currency.

#2 is actually very stable. Bitcoin is designed to spit out the exact same amount of Bitcoin every 10 minutes. The algorithm that mints it adjusts difficulty in response to how many people are mining SPECIFICALLY so that the same amount is minted every 10 minutes. The only time it changes is at each halving, which is why each one is correlated to a single sharp jerk upwards in price and then stops mattering.

Why does this matter? Well, when energy crises do what they do and halving schedules do what they do, and mining is made prohibitive, #2 isn't going to be affected. The supply will still be constant, BTC will still be traded. What WILL be affected is #1, and it will be affected NEGATIVELY, as people become less and less convinced that a dwindling amount of miners can process a growing global transaction demand that already far outruns them even today, with plentiful mining AND nothing but speculative transactions.

For this reason, I anticipate a decrease in mining hash rate on the Bitcoin network to drive prices DOWN, not up. But that's just my guess.

>So XMR price appreciation would be because of demand for XMR
Purely based on demand, yes. Monero is designed to be anti-speculative: easy to mine but not lucrative. All demand is based on adoption and usage.

[Anonymous No.49336131]

So when does the ring sig update to 15? Is it this month?

[Anonymous No.49336881]

>>49336131
hard fork is july 16

[Anonymous No.49337829]

>>49336881
I am excited

[Anonymous No.49337900]

Buy in now or wait for dip? I have 0

[Anonymous No.49338188]

>>49337900
Buy one and DCA from there. Do not hold it on an exchange.

[Anonymous No.49338298]

>>49338188
Yes I was planning on buying on kucoin and sending it to my xmr wallet right away

[Anonymous No.49338587]

If one was looking to acquire a bag of anonymised DOT to stake until the next bullrun, what are some methods I could use? Kucoin is not reliable imo, as you need to provide a mobile number to trade

[Anonymous No.49338638]

>>49333538
Took 3 days for me as well

[Anonymous No.49340388]

>>49332904
the saying is: if you have less than 20 kh/s then it's better to mine on p2pool mini as you'll find shares more often than on the main p2pool

[Anonymous No.49340548]

>>49323265
where can i meet someone like this bros :(

[Anonymous No.49341068]

>>49340548

Gotta make nice with her pappy first.

[Anonymous No.49341198]

Can I be deadass with you i just wanna use Monero in order to scam other people og, initial for opsec goes in through Monero, my scammed cash goes out through Monero, no cap. u still bussin with me or is the vibe off you can be deadass fr

[Anonymous No.49341334]

>>49340548
Do you have a make it stack of XMR?

[Anonymous No.49341384]

[Anonymous No.49341405]

>>49341334
what's the make it stack?

[Anonymous No.49341433]

>>49341405
69.42, but for plebs like you we call it 18.6

[Anonymous No.49341472]

Why is it going down

[Anonymous No.49341549]

>>49341405

[Anonymous No.49341570]

is monero a schizo coin like xrp?

[Anonymous No.49341714]

>>49341570
No. We aren't mentally retarded.

[Anonymous No.49341994]

Ok my fellow monero’s. Tell me which is more secure to run my node thru. I2p, or tor. And why? Didn’t the famous case of the guy having untracable monero and europol was all ass hurt over it route his node thru tor?

[Anonymous No.49342040]

>>49341714
xrp is a good hold, retard

[Anonymous No.49342068]

>>49342040
You idiots can't post on /biz/ outside of your thread without people making fun of you.

[Anonymous No.49342080]

>>49341994
This was an opsec failure.

Don't log into your college email account on the same machine and/or over the same tor connection you are doing illicit internetting.

[Anonymous No.49342106]

>>49342068
give me one (1) good reason xrp is not a good hold

[Anonymous No.49342130]

I used to like monero till I heard Jens Groth (creator of zk-SNARKS, the tech used in monero and zcash) is building a privacy protocol on top of the Internet Computer called spinner, thinking of selling my bag for ICP or BTC since this protocol will give btc privacy

[Anonymous No.49342135]

>mine in p2pool mini
mine in p2pool mini
>mine in p2pool mini
mine in p2pool mini

[Anonymous No.49342180]

>>49342130
>creator of zk-SNARKS, the tech used in monero

lol so much for your credibility.

[Anonymous No.49342217]

>>49342180
Well it's definitely the tech used in zCash and the latest when it comes to privacy, what tech does monero use?

[Anonymous No.49342237]

>>49342217
>what tech does monero use?

The kind that doesn't come with disclaimers .

[Anonymous No.49342246]

>>49342217
>what tech does monero use
Oh so you don't know shit.
Fuck off. DYOR

[Anonymous No.49342310]

>>49342237
>>49342246
I'm being genuine and asking you to conversate about your coin and you respond like a 10 yo? Lol good luck with your investment

[Anonymous No.49342334]

>>49340548
Hannah Barron

[Anonymous No.49342395]

>>49342310
>Lol good luck with your investment

Monero isn't an investment, its a privacy tool.

Bye now.

[Anonymous No.49342579]

>>49342130
>I used to like monero till I heard Jens Groth (creator of zk-SNARKS, the tech used in monero and zcash) is building a privacy protocol on top of the Internet Computer called spinner, thinking of selling my bag for ICP or BTC since this protocol will give btc privacy
>>49342217
>what tech does monero use?
>>49342310
You are not being genuine. Fuck off

[Anonymous No.49342636]

>>49342310
>>49342036

[Anonymous No.49342638]

>>49342310
Nigger this isn't Fishbowl. You can "conversate" there if you want to be srs

[Anonymous No.49342673]

>>49342130
>I used to like monero till I heard Jens Groth
>>49342217
>what tech does monero use?
>>49342310
>Lol good luck with your investment

First of all, never obediently follow anyone's opinions but instead formulate your own based on what you understand, always with discernment. This goes for anything in life.
Second, before opening a discussion about a topic/project, atleast inform yourself about it. What the other anon said, DYOR before commenting (makes you less of a fool).
Third, Monero is not an investment, it is a currency. Do you invest in USD? No, you use it.
Fourth, Bitcoin will never implement true privacy because that requires a hard fork, and they will never reach a consensus in order to do so (see BCH and BSV drama).
Fifth, Zcash is a scam (see picture) shilled by shady characters. Optional privacy is not privacy at all.

Monero has a community of critical thinkers that have all reached the same conclusion. We can tell you're clueless based on your arguments.

[Anonymous No.49342767]

>>49342673
Not really asking for life advice, thanks tho.
To address what you're saying about BTC privacy, do you believe a protocol like tornado cash provides privacy on ETH?
if Yes then you believe BTC can have privacy without a fork,
if not then care to explain why not?

[Anonymous No.49342814]

>>49342767
>care to explain why not?
No.

[Anonymous No.49343033]

>>49342767
>you believe a protocol like tornado cash provides privacy on ETH?
I know for a fact that it does not:
https://www.coindesk.com/tech/2022/04/15/tornado-cash-adds-chainalysis-tool-for-blocking-ofac-sanctioned-wallets-from-dapp/
>then you believe BTC can have privacy without a fork,
>if not then care to explain why not?
No again, what part of "optional privacy is not privacy at all" do you not understand?

Privacy is not a one-and-done game, it's a constant uphill battle. Technology keeps improving, whereas Bitcoin has stagnanted. Monero has replaced it and continues to do so.

[Anonymous No.49343123]

>>49343033

Privacy bolted on as an afterthought doesn't exactly inspire confidence lol

[Anonymous No.49343143]

>>49341994
I'd say Tor just because it has more users.

[Anonymous No.49343263]

I am trying to read up on web 3.0. I see absolutely zero of value. Is it just the next wave of defi buzzwords?

[Anonymous No.49343274]

>>49343033
>https://www.coindesk.com/tech/2022/04/15/tornado-cash-adds-chainalysis-tool-for-blocking-ofac-sanctioned-wallets-from-dapp/
My guy, i'm (obviously) talking about the protocol, not about the accidents that may happen around it. Clear that you are unwilling to have a conversation tho, have a good day

[Anonymous No.49343275]

>>49343263
>Is it just the next wave of defi buzzwords?
Yes.

[Anonymous No.49343348]

>>49343263
Yeah, it just seems like further devolution into absolute dependency on the internet for economic and social survival. Just a framework for social credit scores, True ID systems, etc.

[Anonymous No.49343362]

>>49343348
I'm in a dystopian fiction mood. Can you recommend me some to look up?

[Anonymous No.49343421]

>>49342130
Good for you man. I mean it's clear that Jens Groth has achieved divine status and is infallible so if he's working in such a project, it's a 100% guaranteed that Bitcoin will suddenly have ultimate privacy, rendering the transparent blockchain opaque overnight and eliminating all blockchain analytics companies usefulness.
A hell of a gamble my dude. Also optional privacy is absolutely retarded for a myriad of reasons. Like the dudes from Samourai Wallet. Fine work there I won't lie, but there are already cases of exchanges simply flagging UTXOs that came from a Samourai Wallet-type coinjoin pool. Heh how cool bro you got some privacy but now you can't participate in a big chunk of the market. It creates two classes of bitcoin. Any optional privacy causes that.
>yeah but they can simply ban m0ner0!!11!
Yes they can, but if they ban monero they ban all monero. It's fungible. There won't be two classes of users, two classes of citizens, two classes of coins. Monero is good because it delivers on its promises without requiring you to do any extra effort.

>>49342767
>do you believe a protocol like tornado cash provides privacy on ETH
It provides some privacy, but it's still dog shit. It's still opt-in. It can (and it will be) surveilled. But hey, you do you my man. You have free will. If this Jens Groth dude gives you some Jesus vibes and you want to follow him and put your money into his projects I'm not the one who will convince you otherwise. Lots of people gave all their money to gurus and other entities they believed were divine or something, so I guess it's just natural that some people will do it.

[Anonymous No.49343577]

>>49343421
Again, can you elaborate on why tornado cash is "dog shit"?

>If this Jens Groth dude gives you some Jesus vibes

Not sure what makes you believe this, Jens is just one of the many cryptographers working on zero knowledge technology, some of them work on scalability, some of them work on privacy.

Gotta confess talking with you guys has been exhausting thus far and has given me very little insight into what you believe, it seems the interaction is riddled with passive aggressive remarks and little substance

[Anonymous No.49343745]

>>49343577
>can you elaborate on why tornado cash is "dog shit"?
It relies on a "trusted setup" for enabling it's privacy which completely invalidates any arguments for ever relying on it. It isn't trust minimalized, it's trust maximalized.

[Anonymous No.49343746]

CEX's need to die.

[Anonymous No.49343761]

>>49343577
I did elaborate in the aspect that optional privacy defeats the purpose of a fungible money because it forcefully creates two sets of coins and users in a network. Are you going to ignore that? Is that not elaborate enough for you? Do you want some bullet points or slides explaining why this is the case? Was the comparison with Samourai Wallet not enough for you, as they work in a similar fashion providing a pool of mixed outputs?
How about the fact that the shitty centralized service uses Chainanlysis to block "sanctioned addresses"?
https://twitter.com/TornadoCash/status/1514904975037669386

I mean I gotta confess that talking to a fucking retard has been exhausting so far.

>it seems the interaction is riddled with passive aggressive remarks and little substance
No, it has substance, you just choose to ignore it.
Your first contribution to this thread wasn't even a question, was just you saying you don't like monero anymore, you sucking some dude's balls saying that you're selling your shit to buy whatever he is going to make. How kind of response were you expecting here? Absolutely retarded.
And if you can't take me calling you a retard, which you actually are, then 4chan is not the website for you mate. May I recommend something like Reddit?

[Anonymous No.49343814]

>>49342106
Centralized niggercoin

[Anonymous No.49343848]

>>49343745
You understand that the trusted setup can be made decentralized in order to make it trustless, the same way distributed ledger consensus is trustless yeah?

[Anonymous No.49343871]

>>49343761
You're a vulgar man undeserving of engagement, have a nice day

[Anonymous No.49343908]

>>49343123
Indeed, thanks to Monero if it's not private at the protocol level then I'm not interested.
>>49341994
>Didn’t the famous case of the guy having untracable monero and europol was all ass hurt over it route his node thru tor?
Yes, picrel. Tor is the best option to imo to augment your privacy.

[Anonymous No.49343930]

>>49343871
I accept your resignation. Have a good day too!

[Anonymous No.49343936]

>>49343848
>You understand that the trusted setup can be made decentralized in order to make it trustless
No, you're going to have to pretty heavily elaborate on that one.

[Anonymous No.49344019]

>>49343936
Here's a paper by Vitalik explaining how trusted setups of the powers-of-tau variety are in practice of the same trust assumptions that you have when you use bitcoin or monero and assume the nodes aren't colluding against you.

https://vitalik.ca/general/2022/03/14/trustedsetup.html

let me know what you think

[Anonymous No.49344101]

>>49343362
https://web3isgoinggreat.com/

[Anonymous No.49344122]

>>49343814
lol n00b

[Anonymous No.49344203]

>>49343274
If transactions are censored obviously it's not fucking private, therefore making the protocol useless for the "privacy" that is advertised.
You clearly don't know what you're talking about nor understand what your being told.
Everyone here gave you solid arguments against your refutals and yet you refuse to acknowledge them as true or even attempt to disprove.

Take my advice from the first reply of you, seriously. You're embarrassing yourself.

[Anonymous No.49344281]

>>49344203
You are confusing the protocol (the mathematics) with the implementation (tornado cash). Tornado cash may be run by the government and leak all your information through the front end, that doesn't mean the protocol isn't private.

>>49343745
this person raised a valid point because he is talking about the protocol, not about any implementation of it

[Anonymous No.49344327]

I would like to buy but my exchange says limited functionality and has only a sell option.

[Anonymous No.49344410]

>>49344327
>but my exchange
Time to change exchange?

[Anonymous No.49344473]

>>49344019
That model has no sybil resistance, which means that Vitalik is wrong when he describes it as being trustless in practice. It's why PoW/PoS is a requirement for network security, as a ledger that relies purely on node consensus would collapse horrifically because it lacks any "external" element (e.g. burning shitloads of electricity) that prevents people from just starting up a bunch of nodes and hijacking the network, you are required to use a brute force attack that derives no benefit if you split your identity in a thousand pieces. There's no in trustlessness in systems that are just based on node consensus ("Bob and Alice both agree you sent Bob 5 Bitcoin, therefore we're taking 5 Bitcoin away from you and sending it to Bob"), and just increasing the required participant numbers in a trusted setup system is just as dubious as increasing the number of participating nodes in a node-based consensus system (e.g. "well okay, so we added Jim and Steve to the list of people who agree that you gave Bob 5 Bitcoin"). Anything like that should not be accepted, I don't care how many alleged extra people you add to the process.

And if we're talking specifically privacy protocols, you can already achieve untraceability with actual trustlessness with Monero, so random Monero-killer shitcoins serve no purpose other than enriching the people who pre-mined/dev-taxed it.

[Anonymous No.49345174]

6 days remaining.

[Anonymous No.49345221]

>>49343263
Not entirely. In a perfect world Web3 will end up looking more like LBRY/odysee and peertube, where a bunch of computers use dht to serve content directly to users instead of having a centralized computer serving 'approved' content to everyone.

[Anonymous No.49345392]

>>49345174
will the price raise? Need to stock some cheapies

[Anonymous No.49345454]

>>49345392
If it pumps in price in response I wouldn't expect it to stay up, monero has a lot of good news lately but that doesn't mean the wider markets/world are in good shape.

If anything I'd expect total network hashrate to climb rather than price.

[Anonymous No.49345566]

>>49342130
>ICP

[Anonymous No.49345727]

>>49342130
It just tickles me pink that people seem to think the solution for making Bitcoin more useable is to bolt on massive swathes of attack surface in the form of layer 2 solutions.

Because nobody's ever made a fully functional and efficient, decentralized layer 1, right?

[Anonymous No.49346408]

>>49342130
I've read this pasta in at least three other threads just this morning.
kys.

[Anonymous No.49346470]

When are we getting rich lads?

[Anonymous No.49346481]

>>49345221
>dht
DLT? I would definitely like what you describe to happen but I just can't picture it.

[Anonymous No.49346627]

>>49346470
see >>49342395

[Anonymous No.49346630]

>>49343577
You can fuck off to whatever reddit cumspace you come from. Now all the information you seek is posted at the beggining of each thread.
Nobody wants to push you to buy XMR, because we actually believe in freedom of choice, not sheep mentallity like yourself

[Anonymous No.49347884]

>>49345727
Depends on what yuou mean by "making bitcoin more useable"

If you mean giving it smart contracts so that defi is possible then i don't think it's hard to see how a L2 would solve that, but i also don't there's been a viable L2 for bitcoin until ICP

[Anonymous No.49347901]

[Anonymous No.49347990]

>>49347884
then sell everything and come back to cope when it's yet another steaming heap of shit.

[Anonymous No.49348095]

>>49347990
why even respond to someone when you're going to act as if you are omniscient? Why do you come here? to call people stupid? to be comforted by people that made your same financial decisions?
seriously don't get it, anyway prolly not gonna open monero threads anymore, farewell

[Anonymous No.49348213]

>>49348095
>financial decisions

Nigga, this ain't CNBC.

[Anonymous No.49348241]

>>49347884
>a viable L2 for bitcoin until ICP
vaporwave

[Anonymous No.49348352]

>>49348095
>Why do you come here? to call people stupid?
yes, partially.

>to be comforted by people that made your same financial decisions?
this is a /g/ exclave, I am here for technology and to talk to people who like some of the same things I do.

>anyway prolly not gonna open monero threads anymore, farewell
Make sure you set a filter as well.

[Anonymous No.49348419]

>>49342130
>>49348095
I used to like cars with round, circle-shaped wheels, until I heard that there's someone building triangle-shaped wheels that you add on top over a circle-shaped frame so it can (allegedly) spin like a normal wheel, but it's triangular. Thinking of selling all my wheels since this will give triangle-shaped wheels the same rotation of normal wheels.

[Anonymous No.49349902]

[Anonymous No.49350161]

>>49301065
does this mean you can mine crypto from someone else's mining rig?? so all you have to do is download a program and run it in the background all day and it will essentially generate free money? is it that based?

[Anonymous No.49350190]

>>49350161
>does this mean you can mine crypto from someone else's mining rig??
no, not even close. p2pool is just a decentralized mining pool. (but THAT is still pretty based)

[Anonymous No.49350223]

>>49350190
so basically any mining rig can do any transaction anywhere instead of whatever it was doing before

[Anonymous No.49350273]

>>49347884
bitcoin already has scripting which is more than enough.

[Anonymous No.49350385]

>>49350223
Miners just no longer need to trust that the person running the node they are connected to isn't a bad actor.

[Anonymous No.49350485]

Is connecting to tor it overkill for sending and receiving funds? Want to hide my actions from a potential spying ISP.

[Anonymous No.49350521]

>>49350485
You would want to connect to a tor RPC node, I wouldn't really say it's overkill.

[Anonymous No.49350677]

>>49350521
Thanks for the info. I'll give it a try.

[Anonymous No.49350683]

>>49344473
> It's why PoW/PoS is a requirement for network security, as a ledger that relies purely on node consensus would collapse horrifically because it lacks any "external" element (e.g. burning shitloads of electricity) that prevents people from just starting up a bunch of nodes and hijacking the network

One of my favorite features of crypto outside of privacy and independence from central banking was that it ALSO polluted the shit out of the environment and made environmentalists seethe. What you mention here, a deterrent from just anyone starting a malicious node, is a very nice feature. Any other neat features that pollution/energy consumptions adds to a purely private “fuck the government” crypto that I have yet to realize?

[Anonymous No.49350788]

I saw a Monero sticker at a local gas station's pump today.

[Anonymous No.49351127]

>>49350683
>One of my favorite features
>polluted the shit out of the environment
Not sure if troll or incredibly retarded.
However monero is for everyone even for mouth breathing morons I won't hold it against you.

[Anonymous No.49351170]

>>49351127
sometimes people are contrarians just for the sake of being contrarians. I'd chalk it up to not fully grasping the severity of environmental destruction, but that's a topic for a different board.

[Anonymous No.49351770]

>>49350683
>it ALSO polluted the shit out of the environment and made environmentalists seethe.
Making environmentalist seethe, yes. Actually polluting the environment in any significant fashion, not really, when you consider the massive amount of environmental destruction from corporations and industry. Compared to corporate industrial waste and energy consumption, crypto waste and energy consumption is minuscule. But the screeching normie masses don't want to think about that while they consume product.

[Anonymous No.49351865]

[Anonymous No.49352081]

AAAAA it was at 0.0063 and going down and I wanted to buy at 0.0060, then it went down to like 0.00605 and shot back up to 0.0066 or whatever the fuck it's doing now
Is it gonna dip back down or keep rising? I need to know whether to fomo in

[Anonymous No.49352127]

>>49352081
>Is it gonna dip back down or keep rising? I need to know whether to fomo in

[Hodlin Caulfield No.49352202]

[Anonymous No.49352297]

What is your mining setup bros?
>Monero wallet
>P2pool
>16 core cpu
>only assigned 4 for mining
>run the cpu undervolter 70% of the day.
Is 1000h/s low?
Should I change the Chain to Mini instead of Main?

[Anonymous No.49352315]

>>49352297
>>P2pool

This is the Way.

[Anonymous No.49352383]

>>49352081
he didn't slurp some at 0.004

[Anonymous No.49352394]

>>49352297
>Is 1000h/s low?
It's pretty mediocre yeah, you'll get a lot more frequent payouts on mini

>>49352383
Indeed, I am a lazy ass and could be a lot richer if I wasn't

[Anonymous No.49352472]

>>49352297
>Should I change the Chain to Mini instead of Main?
yes, select Mini in the Chain option
I'm with 800 H/s

[Anonymous No.49352492]

>>49352315
>>49352394
>>49352472
Thanks bros

[Anonymous No.49353544]

>>49352472
Did you earn something yet?

[Anonymous No.49354135]

>>49331101
orangefren dot com

[Anonymous No.49354357]

>>49352297
>>49352297
Two of them (at the moment)

>Ryzen 9 5950x (32 thread)
>gigabyte micro atx motherboards
>2x 8gb DDR4 3600mhz memory
>noctua nhd15 cooler (they have never even seen 60*c lel)
>corsair PSU
>one of them has a 250gb NVMe drive in it (to store the full chain)

Booting Artix from a USB, base install plus xmrig and monero/monerod compiled locally, init scripts to autorun everything when it boots up.

All on a plastic storage rack that's covered in plastic chicken wire (to keep the cats out/keep flying stuff from hitting the exposed boards)
I mine on 28 threads on each, so I still have a little headroom to run monerod on one.

[Anonymous No.49354760]

Ditch this phony privacy coin and get with the real deal.

[Anonymous No.49354821]

>>49354760
both of the hands are left hands

[Anonymous No.49354837]

>>49354760

lol are you actually implying that Zcash™ will kill and bury Monero?

[Anonymous No.49354865]

>>49354821
>both of the hands are left hands

Zcash™ is dominated by leftist trannies so its very on-brand.

[Anonymous No.49354956]

>>49354837

Its already happening, central bankers are currently being coached about the virtues of ZEC so its only a matter of time before they join Team Zcash and send it to the moons of Jupiter.

[Anonymous No.49354967]

>>49354760

[Anonymous No.49355044]

>>49354956
>central bankers are currently being coached about the virtues of ZEC

lol you knee-bending faggots fail to comprehend the entire point of cryptocurrency

Go be a corporate stooge somewhere else.

[Anonymous No.49355091]

>>49350788
Did you snap a pic?

[Anonymous No.49355145]

NEW THREAD: >>49355137
>NEW THREAD: >>49355137
NEW THREAD: >>49355137
>NEW THREAD: >>49355137
NEW THREAD: >>49355137
>NEW THREAD: >>49355137

[Anonymous No.49355161]

where can i find out about new crypto projects before they reach $0.1?
where do retail investors even get this info from?

[Anonymous No.49355169]

>>49354956
Can't you faggot get your own general? Why do you have to come in here and huff your copium in this thread? Your shitcoin is following the trend of the wider crypto market while monero is holding stability at support levels. Cope. No one gives a shit about your worthless glowop.

[Anonymous No.49355201]

>>49355161
They don't. Only insiders know this.

[Anonymous No.49355227]

>>49355201
how to meet/become an insider tho
do i have to be a disgusting jew rat first?

[Anonymous No.49356154]

>>49351865
scary

[Anonymous No.49356646]

>>49351127
>>49351170

Cope. Seethe. Dilate.

[Anonymous No.49357226]

>>49345174
Imagine the tail emissions