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51485967 No.51485967 [Reply] [Original]

Entire economies can not function without transparency. You don't want your government to have a black box wallet; you'll be the first to hate that and demand transparency; view keys won't cut it because they can transfer to another black box.

>> No.51485975

>>51485967
Would you run an entire economy on cash?

>> No.51486006
File: 3.33 MB, 600x600, 1656513764139.gif [View same] [iqdb] [saucenao] [google]
51486006

>>51485967

>> No.51486438

>>51485967
>forced anonymity
There are view keys, but they currently suck dick right now. You have to use tx proofs to show outputs at the moment:
>https://www.getmonero.org/resources/moneropedia/viewkey.html
>Every Monero address has a private viewkey which can be shared. By sharing a viewkey, a person is allowing access to view every incoming transaction for that address. However, outgoing transactions cannot be reliably viewed as of June 2017. Therefore, the balance of a Monero address as shown via a viewkey should not be relied upon.
This will be fixed in a future upgrade.

>> No.51486467

>>51486438
I mentioned that. It won't cut it because people will demand transparency as the default (and they are usually right because the default is for people to be criminal scam). Anonymity should be the option (not the default).

>> No.51486520 [DELETED] 
File: 507 KB, 1080x1485, SmartSelect_20220913_152207_Signal.jpg [View same] [iqdb] [saucenao] [google]
51486520

>>51485967
That's why you should use Firn Protocol, pop on and off in the eth ecosystem and only use privacy when you want it

>> No.51486612

>>51486520
eth is a centralized e-coin and not crypto, because it uses pos, which is programmatically a plutocracy.

>> No.51486677

no
monero's weakness is that its privacy is through charity. users volunteering not to spend $10,000 a month to flood the network with enough transactions to deanonymize outputs with very high accuracy.

a privacy system that depends on trusting unincentivized actors is a farce

>> No.51486702

>>51486467
Yes, may be changed in seraphis update, which will change the addressing scheme. >https://localmonero.co/knowledge/seraphis-for-monero
>Seraphis addressing constructions can solve this. With Seraphis, your address comes equipped with different keys that can do different things:
>Watch for incoming outputs, but hide their value
>Watch for incoming outputs, but show their value
>Watch for outgoing outputs
>Help you to generate transactions, but not sign them
>Generate new addresses (useful for retailers or exchanges with many customers)
>As the address holder, you get to decide how much authority you delegate to other devices or third parties.

However it is completely retarded to have no anonymity by default (e.g. zerocoin-style). You want the maximum amount of people to be included in the anonymity set. Otherwise it is trivial to discriminate against mixed coins (See Tornado Cash, CoinJoin, CoinSwap, etc.). All public transactions are an existential threat to the fungibilty of the coin. Besides, normal users will usually go the route of least fees: most don't realize they need privacy until it's too late and they are being extorted.

>> No.51486710

>>51486612
Doesn't matter, as far as privacy goes its the best option now that xmr has been blacklisted from almost all exchanges

>> No.51486762

>>51485967
>you dont want your government to have a black box wallet
where have you been? probably reddit judging from your gay and retarded lingo. anyways, you fucking idiot, the government already has a black box if youve been paying attention

>> No.51486775

>>51486710
Blacklisted from exchanges? Are we talking about privacy or convenience here?
Besides, it is trivial to withdraw bitcoin or litecoin from any cash-crypto exchange and trade it for monero on a crypto-crypto exchange like tradeogre.

>> No.51486860

>>51486702
That's a narrow view forced by the developers of the scam coin, because they have niche into the forced anonymity.

The big picture is that forced anonymity is only a niche and those developers try to get their dev fees by forcing the false narrative that "everyone in the world should have it".

>> No.51486873

>>51486762
> if the world is slightly shit, we should make it ALL shit.

that's how the anarchists of the extremist left talk as well.

>> No.51487026

>>51486860
There is no forced anonymity. If you want to attest your transactions, move your funds to another wallet and share your original keys.
That is because the developers are simply right. Everyone in the world _should_ have it. We have never lived in a world where money was public-by-default. If anything, public-by-default money is a niche.

>https://www.monero.how/why-monero-vs-bitcoin
>To understand how critical this privacy problem is, consider the following scenarios:
>1. You are travelling through parts of a country with a medium to high violent crime rate. You need to use some of your Bitcoin to pay for something. If every person you transact with knows exactly how much money you have, this is a threat to your personal physical safety.
>2. You are a business that receives a payment from a supplier. That supplier will be able to see how much money your business has, and therefore can guess at how price sensitive you are in future negotiations. They can see every single other payment you’ve ever received to that Bitcoin address, and therefore determine what other suppliers you are dealing with and how much you are paying those suppliers. They may be able to roughly determine how many customers you have and how much you charge your customers. This is commercially sensitive information that damages your negotiating position enough to cause you relative financial loss.
>[...]

>> No.51487071

>>51487026
>>51486860
>[...]
>3. You are a private citizen paying for online goods and services. You are aware that it is common practice for companies to attempt to use ‘price discrimination’ algorithms to attempt to determine the highest prices they can offer future services to you at, and you would prefer they do not have the information advantage of knowing how much you spend and where you spend it.
>4. You sell cupcakes and receive Bitcoin as payment. It turns out that someone who owned that Bitcoin before you was involved in criminal activity. Now you are worried that you have become a suspect in a criminal case, because the movement of funds to you is a matter of public record. You are also worried that certain Bitcoins that you thought you owned will be considered ‘tainted’ and that others will refuse to accept them as payment.
>Monero solves these privacy issues by automatically applying privacy techniques to every single transaction made. You can have confidence that it is not possible to own ‘tainted’ Monero. This is a concept in economics known as ‘fungibility’ and is historically considered an important characteristic for any currency to have.
>The Bitcoin community has attempted to solve these problems by introducing ‘mixing’ features. Their solutions have been described as ‘a band aid over a stab wound’. [...]
Because everyone that uses Monero automatically has privacy features applied to their transactions, Monero has a huge advantage over other cryptocurrencies whose privacy features are only optional. [...] Furthermore, the always-on nature of Monero’s privacy features means that even if the majority of Monero users are not privacy sensitive, they will still automatically participate with the strengthening of the privacy mechanisms for other users that are privacy conscious.

See also: https://en.bitcoin.it/wiki/Fungibility

>> No.51487110

glownigger thread

>> No.51487120 [DELETED] 

>>51487026
>>51487071
Even if you wanted anonymity: pretending monero is the only or the original solution is the propaganda of those devs to get their fees.
I'd rather use a chain that has no devs begging for fees and the technologies monero copy pasted from their forums.
Monero is not even the original project by the way; those devs copy paste 'Bitmonero'; and then asked for dev fees.

>> No.51487130

>>51487110
cope

>> No.51487143

>>51487026
>>51487071
Even if you wanted anonymity: pretending monero is the only or the original solution is the propaganda of those devs to get their fees.
I'd rather use a chain that has no devs begging for fees and the technologies monero copy pasted from their forums.
Monero is not even the original project by the way; those devs copy pasted 'Bitmonero'; and then asked for dev fees.

>> No.51487180

>>51487130
Who is coping here? Complaining that monero isn't public-by-default is complaining that it isn't crippled.
Bitcoiners feel the need to market every bug as a feature, because they cannot fix them. That is the ultimate cope.

>> No.51487221

>>51487110
the amount of monero shills unable to defend even basic concepts around its privacy technology, the only thing giving it value, is definitely suspicious.

>> No.51487244
File: 610 KB, 2560x1300, 1661872269530205.png [View same] [iqdb] [saucenao] [google]
51487244

>>51485967
>NOOO you need a permanent log of all transactions forever!

>> No.51487254

>>51485967
>private citizens and government are the same
Lol.

>> No.51487270 [DELETED] 

>>51487244
monero not required for that. also most of its ideas are stolen from old crypto forums for its devs to ask for fees. it's not even the original project; there was a project called 'bitmonero'; the monero devs copy pasted it and then ask for fees to go their pockets.

>> No.51487290

>>51487244
monero not required for that. also most of its ideas are stolen from old crypto forums for its devs to ask for fees. it's not even the original project; there was a project called 'bitmonero'; the monero devs copy pasted it and then asked for fees to go their pockets.

>> No.51487311

>>51487143
Many of monero's features like ring signatures and confidential transactions have been discussed satoshi's time. Monero does not claim to offer a be-all-end-all solution solution to privacy, but it is simply the best and most reliable cryptonote implementation currently on the market.
Bitmonero was an obvious premine scheme that was forked by the community. In the meantime, monero has implemented many improvements over bitmonero. I would go so far as to argue that pre-2017 monero was shit: this was before the advent of RandomX and many other features we take for granted.

>Monero is not even the original project by the way
This is misleading. Bitmonero and Monero are both implementations of CryptoNote, which is the original project.

> is the propaganda of those devs to get their fees.
What fees? 100% of the fees go to miners. The monero developers are funded entirely by donation! https://ccs.getmonero.org/
You are probably thinking of zcash or something.

>>51487221
>defend even basic concepts around its privacy technology
what, like the fact that it should exist? kek.
>the only thing giving it value
kek

>> No.51487344

>>51486677

Do you have any proofs of your statements, my good sir and gentleman?

>> No.51487588

>>51486775
>Besides, it is trivial to withdraw bitcoin or litecoin from any cash-crypto exchange and trade it for monero on a crypto-crypto exchange like tradeogre
i would imagine one would use the kyc on ramp to buy btc or whichever coin, send to an xmr wallet, or send to a non custodial wallet swap to xmr or a different coin before swapping to xmr, then wash it through a couple xmr addresses in your wallet. so it would be very possible to never have your xmr actually connected to you

theoretically of course, this is how i would image it would be done. not really even that many steps imo, if that is the point you are trying to make?

>> No.51487614

no its biggest weakness is its only for poor souls who lose money mining or poor souls destroying their bodies with drugs.

its a total loser like all other cryptos

>> No.51487773

>>51486873
Post your current balance and entire transaction history for us all to see please

>> No.51487779
File: 436 KB, 1024x768, iaiGUrg.png [View same] [iqdb] [saucenao] [google]
51487779

>>51486677
>no
>monero's weakness is that its privacy is through charity. users volunteering not to spend $10,000 a month to flood the network with enough transactions to deanonymize outputs with very high accuracy.
>
>a privacy system that depends on trusting unincentivized actors is a farce


AHAHAHAHAHAHA I love it, the more XMR displaces Bitcoin the more desperate the FUD gets. Yeah, Monero is totally that vulnerable to denanonymization, bro. Maybe you should get a job at Chainalysis and finally bring Monero into compliance!

https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD

>> No.51487845

>>51487290
This is a deliberately disingenuous post. Another way to point out a garbage thread is that no better alternative is presented. XMR is truly a grassroots coin, seeing as big companies are delisting it regularly and it's the target of governments and there corporate arms

>> No.51487902
File: 24 KB, 1405x653, 10 cent fee.png [View same] [iqdb] [saucenao] [google]
51487902

>>51486677
>$10,000
you are going to spend a lot more to spam since the fee tweak they did this last fork.

>> No.51488623

I'm very bullish on xmr.

>> No.51489176

>>51487311
>>51487773
>>51487845
I could say your empty mantras of "it's better" have no justification, but it's irrelevant to the topic.
You will never prove transparency is less desirable than forcing black box wallets.

>> No.51489371

>>51489176
forced transparency vs optional privacy

>> No.51489422 [DELETED] 

>>51489371
There moment you force one choice as "more default" than the other, you made it worse because you took position in an impossible to answer question (because you will never prove there should be less transparency or more transparency per the "average" situation).

I'd rather leave it to a chain that doesn't take political stances like that and monero copy pasted all its ideas from.

>> No.51489447

>>51489371
The moment you force one choice as "more default" than the other, you made it worse because you took position in an impossible to answer question (because you will never prove there should be less transparency or more transparency per the "average" situation).

I'd rather leave it to a chain that doesn't take political stances like that and monero copy pasted all its ideas from.

>> No.51489466

>>51489176
>I want the government and anyone who's interest to be able to trace my every transaction

Why not just use FedCoin CBDC then goy?

>> No.51489473

>>51489447
Do you understand what fungibility is?

BTC isn't fungible, 1 BTC =/= 1BTC, because some are blacklisted.

>> No.51489480

>>51489466
nice strawman, shill. why not give choice to the people instead of forcing your pedo coin to kill all transparency?

>> No.51489482

>>51486710
You can buy LTC and swap it for XMR inside Cake Wallet.

>> No.51489500

>>51489473
fancy words out of the hat to avoid the obvious question. do you want to kill transparency in all cases or not?

because if you do: you're a little niche that will never work in most economies.

>> No.51489528

>>51489500
>do you want to kill transparency in all cases or not?
Yes.

>because if you do: you're a little niche that will never work in most economies.
Fine by me.

Also, you know cash isn't "transparent" right?

>> No.51489549

>>51489528
then good luck with being called the pedo coin forever, because you WILL have no other use other than criminal uses if the transparency is killed.

you will be the first to say fuck that if your government had a black box wallet so even you in reality hate monero for general use.

>> No.51489608

>>51486710
>Best option?
Through the zk-snarks built smart contract protocols built on its mainnet?

>> No.51489612

glowniggers are very active today
the main problem with xmr is that it is by far the best crypto and the WEF niggers will do everything in their power to kill it

>> No.51489618

>>51489549
>He thinks because it's anonymous its only use case is for criminals
What is cash.

>He thinks the government doesn't have black book projects / accounts

Top lol.

>> No.51489626

>>51489612
I just buyed some XMR for BTC on Bisq ser.

>> No.51489627
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51489627

>>51485967

>> No.51489638
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51489638

>>51487773
That's the whole point of using anonymity tools, isn't it? It's not hard to imagine that a time will come where everyone will place a big privacy demand on their assets.

>> No.51489674

>>51489612
nice argument, neonazi. does your brain have anything else other than racism?

>> No.51489699

>>51489618
nice strawman moron. also you used one of the most common brainlet "defenses" on top, "if the world is a bit shit: LET'S MAKE IT TOTALLY SHIT".

>> No.51489708

>>51489627
do you have any arguments on the topic, or only autistic conspiracy theories, neonazi /pol/ack?

>> No.51489710

>>51489674
>dick rot ID
fucking kek

>> No.51489718

>>51485967
Monero is for us not the government retard

>> No.51489719

>>51489710
cared enough to reply, little bitch. come with arguments next time.

>> No.51489734

>>51489718
and the government will definitely not use your new economy against you /s, you moronic piece of shit.

that's exactly why forced anonymity is something you also hate and but you don't admit it yet.

>> No.51489748

>>51489734
Why are you so upset? Did you forget to pick up your oestrogen prescription?

Don't use it if you don't like it, simple as.

>> No.51489765

>>51489748
and I won't have sex with a corpse either, it doesn't mean it's right.

since you have no actual arguments I guess you agree.

>> No.51489792

>>51489765
>and I won't have sex with a corpse either, it doesn't mean it's right.
HURR DURR NICE STRAW MAN HURRRRR

>since you have no actual arguments
Neither do you, other than thinking that forced transparency is good, for "reasons".

I'm bored now goodbye, don't forget, YNBAW.

>> No.51489811

>>51489765
JEW
E
W

>> No.51489836

>>51489734
Why would I care if the government used it? That would be better than the current money printing scam they have going on

>> No.51489964

>>51485967
Lol, this has to be bait or paid for by a zcash wagie.

>> No.51490015
File: 78 KB, 600x800, 1660806410543265.jpg [View same] [iqdb] [saucenao] [google]
51490015

>>51489718
Wrong way to think. Privacy, not limited to Monero is for everyone. It is a basic right and except you're a full blown retards you should understand that

>> No.51490034

>>51489626
Buyed? interesting

>> No.51490060

>>51487773
Even without posting it, I only need to find your wallet address and I'll easily access your whole balance and transaction history except of course, you shield your wallet using a privacy protocol.

>> No.51490104

>>51489608
Railgun? Not sure how else to achieve on-chain privacy on eth

>> No.51490511

>>51489734
Seethe. Boot lickers get the rope. There is nothing they can do to stop it. Just like bartering and PMs. Which is why you can now pay your taxes in PMs. If you want transparency use Litecoin or something. If you asked people if they would prefer a private wallet they would most certainly agree. Why do you think apple is acting like a privacy platform? It is in demand, albeit people are slow to learn good opsec

>> No.51490633

>>51485967
How many times are we going to have to read this brainless nonsense. Enjoy your mass surveillance and enjoy your non fungible "currency"

>> No.51490671

>>51490633
>>51490511
morons, you suck the cock of the criminals that will fuck you over.
you will come begging for transparency like all sane people do.
unless you are actually criminal murderous scam who do belong in a cage.

>> No.51491064
File: 254 KB, 1280x1024, five-markets.jpg [View same] [iqdb] [saucenao] [google]
51491064

>>51490671
You're probably not ready for this conversation yet, but criminals actually serve a purpose, in that they act as a counter to the overreach of society.
What's legal isn't always moral, and what's immoral isn't always illegal.

>> No.51491074

>>51485967
monero is not money for the government
in an ideal world, private citizens have something like monero and we _force_ government to use open ledgers for all public/taxed funds, so corruption can be called out by autistic chain analysts on 4channel.org

>> No.51491098
File: 24 KB, 600x296, you-will-own-monero-and-governments-wont-be-happy.png [View same] [iqdb] [saucenao] [google]
51491098

>>51491074
> monero is not money for the government
Well, picrel and all, but in reality governments are free to use Monero if they so choose.
What's important is that it's not money by the government, nor is it controlled by them.

>> No.51491101

>>51485967
Those who need transparency may use bitcoin, you retarded z-cash cuck.

>> No.51491518

It already does

>> No.51491567

>>51485967
You are still a retard who fails to acknowledge that the government already has a black box wallet.

>> No.51491656

>>51489699
>if the government having x is bad, then everyone having x will be mega bad!

kys

>> No.51492154

>>51485975
>>51485975
Most of /biz/ cannot comprehend the concept of filling a niche and filling it well. To them, It's a zero sum game and there can only be one coin.

>> No.51493123

>>51489710
>>51489674
Holy shit, dicROTOf. DICK ROT

>> No.51493194

>>51491064
gmi

>> No.51493270

>>51489836
Instead of printing money, they just prevent you from using it.

>> No.51493444
File: 1.47 MB, 400x400, surreal-slaughterhouse.gif [View same] [iqdb] [saucenao] [google]
51493444

>>51489500
entities that should show transparancy can do so with an off chain system that they volenterily submit thier information to.

corporations should be forced to be 100% transparent while individuals should retain the right to black wallets.

the government will never not have a black wallet, so its better for individuals to have thier own as well even if it creates its own form of mayhem. letting them get away with forcing individuals to be transparent is walking into the slaughterhouse

>> No.51493488

>1/4 posts are by a retarded fudder
Every time

>> No.51493771 [DELETED] 

>>51493444
point was balance is needed, you can't claim everyone should be forced into black box wallets. and you consider "state power" is a very fuzzy term (e.g. how do you prove you are not yourself state power if you are a registered member of a political party helping them in elections?)

>> No.51493782

>>51493444
point is balance is needed, you can't claim everyone should be forced into black box wallets because it rapes the valuable notion of transparency. and what you consider "state power" is a very fuzzy term (e.g. how do you prove you are not yourself state power if you are a registered member of a political party helping them in elections?)

>> No.51494975
File: 399 KB, 666x666, Monerochan - Wrath of the Autists.png [View same] [iqdb] [saucenao] [google]
51494975

If it's not fungible it is not money. Monero is the only cryptocurrency that is actually a currency.

>> No.51495386

>>51494975
if you don't trust any other humans, why do you trust the code is not a honeypot, when it comes from devs who the first they did after they copy pasted the code from other chains was to ask for a dev fee?

>> No.51495410

>>51495386
>if you don't trust any other humans
Never said or implied this, not going to finish reading.

>> No.51495423

>>51495410
you want forced black boxes for everyone, which implies you trust transparency for nobody.

why do you trust their code is not a honeypot?

>> No.51495515

>>51495423
>you want forced black boxes for everyone
Nope.

>> No.51495529

>>51495515
then you don't understand the propaganda mantras the devs told you to spam for their dev fees.
spamming "only 100% fungibility is accepted" you effectively say that there is only 100% anonymity.

Why do you trust their code if there is 100% secrecy?

>> No.51495644

>>51495529
>what is open source

kys

>> No.51496011

>>51489719
>dick rot
Decomposing tranny detected.

>> No.51496090

>>51495644
So everyone should become a software engineer, and then spend month to years to understand the spaghetti code of crypto assets (assuming they are an expert specifically on that language needed (if it's even one language)).

Not gonna work in practice shill.

>> No.51497127

Litecoin solves this problem with opt-in privacy

>> No.51497265

>>51489699
like im gonna listen to some tel aviv glow nigger whos dick rotted off. buying monero for the first time ever right now. gonna offer discounts for customers that use "intermediate" usd (monero)

>> No.51497324

>>51496090
>you need to be a software engineer to read code

kys

>> No.51497407

>>51493782
where do the paychecks come from?
where do their titles come from?
just force the public servants to use public computers. any crime they do would be outside of their tax funded government role.
can you be a senator but not labeled a senator? should clinton be able to use a private computer with no oversight? our political reps should be forced to live in big brother homes like public reality television. if they dont like it, they dont want to represent the people.

>> No.51497418

>>51494975
>If it's not fungible it is not money.
This
technically, the centralized digital currency that the gov wants to role out doesn't meet the definition of what money is. Thus it's function as money will be buggy and faulty.

>> No.51497615

>>51496090
why do you want transparency so badly? also viewing crypto as an asset is the wrong mentality. monero in particular can actually act as a currency.

>> No.51498461

>>51496011
no wonder it's a globohomo shill

>> No.51500151

>>51497265
nazis belong in the cage.

>> No.51500164

>>51497324
> you can read spaghetti code from crypto projects, easily on your own even if you're a professional.
tell me if you know nothing about coding without telling me.

>> No.51500176

>>51498461
shut up neonazi scam

>> No.51500383
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51500383

>>51485967
Translation: "The biggest problem we jews have with XMR is that it's anonymous"

>> No.51500635
File: 617 KB, 1480x1526, zec back door.png [View same] [iqdb] [saucenao] [google]
51500635

>>51489674
>dicROTOf
>>51493123
Dick Rot Off.
Attention Gamers: There is a ZCash tranny in our thread!

>> No.51500905
File: 91 KB, 1024x819, 1654177487866m.jpg [View same] [iqdb] [saucenao] [google]
51500905

>>51485967
>Monero
>Government

>> No.51501114

>>51500164
There's literally explanations next to every line of code specifically for retards like (You), which is all public information.

>> No.51501157

>>51497418
>>51494975
This unironically key. The Central Bank Digital Currency is physically incapable of meeting all the qualifications of the definition of money by virtue of it's non-fungibility and inability to be freely spent. This will have a cascading effect which will render large portions of central digital currency worthless.

>> No.51502894 [DELETED] 

>>51501157
if you don't trust anybody, why do you trust the monero code is not a honeypot? After all: the first thing those dev did after they copy pasted the code from older chains was to ask for dev fees.

>> No.51502910

>>51501157
if you don't trust anybody, why do you trust the monero code is not a honeypot? After all: the first thing those devs did after they copy pasted the code from older chains was to ask for dev fees.

>> No.51502923

>>51485967
How much was premined and dumped by devs?

>> No.51502953

>>51502923
Their scam was mainly based on dev fees. Like 80% of the "community" up to at least ~2016 was almost all miners handing them a fee because practically all pools were set up that way.

I'm not sure how they operate now but I won't be surprised if they still fill their pockets with fees from their pools.

>> No.51503085

>>51491101
You're missing the whole point, faggot. You can maintain a private wallet, yet retain the right to be transparent if there is a need for it.

>> No.51503120
File: 448 KB, 794x702, 23456543.png [View same] [iqdb] [saucenao] [google]
51503120

>>51497127
Kek, is it even a real privacy coin? There is a reason why it didn't make this it to this chart

>> No.51503148
File: 1.59 MB, 1256x980, maxicope.png [View same] [iqdb] [saucenao] [google]
51503148

>>51502923
>How much was premined and dumped by devs?

There was no premine, Monero was fairly launched and announced ahead of time. The Bitfags are desperately pulling FUD outta their ass now.

https://bitcointalk.org/index.php?topic=563821.0

>> No.51503165

>>51502910
Eventually people are going to need a functional form of currency and then their is mutual incentive.

>> No.51503182

>>51503085
Both can do it on choice, so why use the chain with the least decentralization, and with devs filling their pockets from pool fees?

>> No.51503201

>>51503148
The devs are filling their pockets with dev fees since day one, when they copy pasted the code of 'bitmonero' and other chains.

You think it's from their "good heart" they they keep shilling the lunacy that transparency should die?

>> No.51503216

>>51485967
BTC and a perfect BTC > XMR swap. What else do you need really? Currency wise. Maybe something faster than BTC.

>> No.51503224

>>51503216
monero not needed, there is anonymity on choice already.

>> No.51503238

I laughed a lot.
First schizo, it's not the coin that is criminal but how the people who use it who make it criminal. Monero isn't just for buying drugs, you little shit. That's like saying Tor is only for looking at pedophile stuff and buying guns. Or say that btc is just for doing weird stuff in the darknet. "to have more transparency", for whom? For those watching us? Or are you just afraid of being scammed during a transaction? If so, advice: Don't buy.
But leave the anonymity alone. Aren't you happy? Use your bank's dollar to buy stuff.

> This coin is used for pedo thing
ok kek.

>> No.51503279

>>51493782
> the valuable notion of transparency
>Implying a two word term, with each word clearly representing an idea, is too vague.
Valuable to whom? Get out of my pocket, jew.

>> No.51503282

>>51503238
monero not needed. there is anonymity on choice already, and with better chain decentralization and without filling the pockets of the monero devs with pool fees since day 1.

>> No.51503341
File: 9 KB, 584x219, source-dude-trust-me.jpg [View same] [iqdb] [saucenao] [google]
51503341

>>51486860
>>51487143
>>51495529
>>51502910
>>51502953
>>51503201
> The devs are filling their pockets with dev fees

>> No.51503345

>>51503282

are you trying to say that blockchain is a kind of anonymity ?

Omg , i'm gonna to kill you...

>> No.51503365

>>51503341
Are you stupid? It's open knowledge. Pools of monero very often have a dev fee.

>> No.51503400

>>51503345
No you stupid fuck, it's just that those fee-pocket-filling devs keep trying to push that they're the only ones they have anonymity, when it's already possible on choice from the chain they originally stolen their ideas from.

>> No.51503448

>>51503282
Then dude is you're really that much of a cuckold, masochist, mentally retarded child to be trusted with agency and autonomy then by all means, keep using fiat lol
>>51503365
>thinks the pool dev fee goes to coin devs
I think that about proves my point, stinky fiat slave lol
>>51503400
Go invent something important then die poor

>> No.51503475
File: 85 KB, 500x500, counter-strike-source.jpg [View same] [iqdb] [saucenao] [google]
51503475

>>51503365
> Are you stupid?
Yes, I'm a retard despite clearly having been in this space for much longer than you. Now go ahead and link your source so you can dunk on me, gigabrain.
...and no, community donations are not dev fees, for an example of a chain with actual dev fees, look no further than eCash (previously Bitcoin Cash ABC): https://www.bitcoinabc.org/2020-02-15-miner-fund/

>> No.51503481

>>51503448
You're stupid. Many pools directly send fees to the devs' pockets (especially the ones sanctioned by their official sites).

Monero not needed for anonymity; already possible on the chain they originally stole their ideas from; more decentralized.

>> No.51503490

>>51503400

gimme me a second, are you crying cause Monero stoled an ideo from another coin/project ?

Who are you, the ceo of the stolen project ? And ? Who care about the stolen idea ?

so far, monero has proven itself compared to other coin says """anonymous"""

like the Zcash crap that uses https for anonymity (just shocks me?)

>> No.51503497

>>51503490
zcash is irrelevant, nobody copy pastes ideas from that shit. there are more obvious ways monero is just a copy pasted cult for its devs' to get their fees and donations.

>> No.51503520

>>51503497

> monero is just a copy

sauce

> cult for its devs' to get their fees and donations

and ?

>> No.51503562

>gets 'forced anonimity' narrative btfo
>gets 'premine' narrative btfo
>now is claiming mining pool fees and donations are 'da devs r scammin u guys no cap fr fr'

>> No.51503582

like i'm trying to say, who cares that monero is a copy ? And so, where's the sauce that confirm what you saying.

> fees and donation

dude, not only monero get fees and have money from donation.

are they filling their pockets? very good. Until then, monero has confirmed that it could be an untraceable currency and that's already good. so now, are you going to keep crying or are you going to understand that nobody cares?

>> No.51503581

>>51503562
> We're hitting levels of newfaggotry that shouldn't even be possible..

>> No.51503605

>>51503562
brainlet, the forced anonymity is already covered and anonymity is already possible on choice on the more decentralized chain anyway so monero not needed.

I never said the scam is mostly the premine; I said from the start the devs mainly profit from the dev fees from their pools; you think they shill their shit for free?

>> No.51503631

>>51503605
dude...

dude....

it's not that the chain is decentralized that it is necessarily anonymous... can you understand that...

>> No.51503640

>>51503631
if you trust nobody, why do you trust those devs that it's not a honeypot?

>> No.51503645

>>51503365
>>51503475
>>51503582
So fucking tired of circumstances that are "open knowledge", yet apparently extremely difficult to prove..

>> No.51503650

>>51503481
>already possible on the chain
So what? Is nothing allowed to improve? Does the stinky fiat slave only want a world of vanilla ice cream?
>xmr not needed for rights
Then tell me stinky, what's your solution?
>>51503605
anonymity is already possible on choice on the more decentralized chain
Which chain, stinky? Why can't there be an alternative form to achieve privacy?

>> No.51503658

>>51503365
Yes but you can just recompile it with no dev fee. Majority only take 1%. This is for XMRig. But there are easily available alternatives like XMR-stak which have it removed. Also many miners do such, t-rex is the most popular one.

>> No.51503664

>>51503640

why should i believe what you say?

>> No.51503665

>>51503645
I've been around monero since 2012-14, probably multiple years before you.

It's very common knowledge they were pocketing dev fees from most pools.

>> No.51503680

>>51503665

and so ? they bring money from pool... ok ? and ?

>> No.51503681

>>51503665
> I've been around monero since 2012-14, probably multiple years before you.
Fine, I'll give you the benefit of the doubt here, so fucking flex on me with your monster of a brain and prove it already!

>> No.51503687

>>51503650
Forced anonymity and the death of transparency is not an improvement, just a brainless cult for those devs to collect donations and pool fees.

If you trust nobody and want forced anonymity and always black box wallets: why do you trust their code is not a honeypot?

>> No.51503701

>>51503640

i've a question for you ?

Who tf are you ? Are you the ceo of the stolen project ? have you been the devs of Monero ? Why you made this thread tho ?

>> No.51503703

>>51503658
It doesn't matter. They count on the many who don't do it or they fell into they meme and they donate it on purpose.

Even 10% of the pools going to them is a fortune in only a few weeks of doing nothing.

>> No.51503715
File: 148 KB, 1130x1147, satoshi-talking-about-moneros-privacy-features.png [View same] [iqdb] [saucenao] [google]
51503715

>>51503650
> Which chain
Fren, he's a Bitcoin maximalist..

>> No.51503722

>>51503664
If you trust nobody then I'm even more right.

>> No.51503731

>>51503665
monero didn’t exist in 2012 faggot

>> No.51503740

>>51503715
"but not bitcoin"
that's just bullshit
anonymity is already possible

>> No.51503746

>>51503722
> What is verification

>> No.51503761

>>51503722

i trust nobody nor even a guy who say, without proof what he saying

so please, go in reddit and let us go

>> No.51503767

>>51500905
Kek, might be very difficult for you to understand but government has more to gain with privacy solutions. There is no way they can efficiently function within the crypto space without some level of privacy

>> No.51503772
File: 1.47 MB, 1067x6489, chainalysis-launches-support-for-lightning-network.png [View same] [iqdb] [saucenao] [google]
51503772

>>51503740
> anonymity is already possible
Indeed, just not on Bitcoin:
- https://sethforprivacy.com/posts/fungibility-graveyard/
- https://blog.chainalysis.com/reports/lightning-network-support/

>> No.51503774

>>51503731
Sorry I'm getting confused, because the scam devs copy pasted Bitmonero's code, a year before 2014.

>> No.51503775

>>51503740

brooooooo, please dude, just....

STFU

>> No.51503779

>>51494975
Really? what is your definition of currency

>> No.51503818

>>51503665
>It's very common knowledge they were pocketing dev fees from most pool
Yet no proof is provided, nice.
>Forced anonymity and the death of transparency is not an improvement
Why?
>why do you trust their code is not a honeypot?
For the same reason cex won't trade for fiat. Also its open source, stinky.
>>51503703
>Even 10% of the pools going to them is a fortune in only a few weeks of doing nothing.
So you're telling me this is all just sour, stinky grapes? Cool, gonna get more, thanks!
>>51503740
>anonymity is already possible
How?

>> No.51503825

since a while ago you've been whining about the so-called copycat Monero.. dude

Who tf you ? Are you the ceo of the stolen project ? have you been the devs of Monero ? Why you made this thread tho ?

>> No.51503828

>>51490511
>If you want transparency use Litecoin or something
Use Railgun. Atleast, it has the option to activate the function of the viewkey

>> No.51503831

>>51503779
> what is your definition of currency
https://www.investopedia.com/terms/m/money.asp#mntl-sc-block_1-0-18

>> No.51503858

>>51503772
don't publicize a new address before using anonymity features, and you will satisfy their 'fungibility' meme.

it's just a cult of nonsense just so they keep filling their pockets with donations and pool fees.

>> No.51503893

this thread is looping and is without evidence, I'm out this guy just wants attention and is a fan of btc that's all...

Goodbye

>> No.51503966
File: 372 KB, 1988x1031, identity-spectrum.jpg [View same] [iqdb] [saucenao] [google]
51503966

>>51503858
> don't publicize a new address before using anonymity features
That ensures pseudonymity, not anonymity.

> you will satisfy their 'fungibility' meme.
No matter how decoupled your address is, there's still a possibility that the received coins on this address are tainted by involvement with sanctioned actors. Even if you're not yourself a sanctioned actor, or interacting with any such.

>> No.51504005
File: 79 KB, 500x532, dear-diary-today-op-was-a-faggot.jpg [View same] [iqdb] [saucenao] [google]
51504005

>>51503893
Agreed, I think enough counter-evidence has been posted anyway. Just in case some newfag stumbles upon this trainwreck of a thread..

>> No.51504010

>>51503966
That's a fallacy, because you have view keys yourself.

As I said: coin not needed.

>> No.51504025

>>51504010
>That's a fallacy
Which one?

>> No.51504037

>>51504025
That interactions with others may expose you. You have view keys on the pedo coin, so that's possible there too.

>> No.51504100

>>51503605
>I said from the start the devs mainly profit from the dev fees from their pools; you think they shill their shit for free?


>https://xmrig.com/docs/miner

>Donations

>Default donation
>1% (1 minute in 100 minutes) can be increased via option donate-level or disabled in source code.

Someone want to do the math on this one? I doubt it's higher than 20k xmr

>> No.51504110

>>51504037
> fallacy that interactions with others may expose you
How is that different than what happened with tornado cash? How do you transact with someone on btc without having the amount or connection being made to the originals?

>> No.51504121

>>51503966
>>51504037
> That interactions with others may expose you.
> Even if you're not yourself a sanctioned actor, or interacting with any such.
In other words there's a possibility that the coins were already tainted by interactions among sanctioned actors (long) before you became the owner of them.
This injustice (literally guilt by association) is not possible with fungible tokens of exchange (i.e. money).

>> No.51504123

>>51504110
how do you on monero if view keys exist?

>> No.51504129

>>51485967
>it's weakness is that the privacy is too strong !
is this a false flag to attempt to embarrass other projects?

>> No.51504140

>>51485967
Monero to hide my wealth, Bitcoin to store my wealth (lol). Tee hee!

>> No.51504162

>>51504100
They make between $7000-8000 a day based on my napkin math. Assuming every miner is paying the 1%. Which many are not.

>> No.51504205

>>51504162
jesus fucking christ, and then people wonder why they are on overdrive with their shilling.

I shouldn't be too surprised since I knew the first thing they did in ~2014 was link to pools.

>> No.51504208

>>51504123
>view keys exist
That's something that only the sender can even choose to show. Are you implying that the open source software has a provision to see every transactions' view key, and that it would go unnoticed by intelligence agencies? Why would they complain if that was the case? Please source your statements.
>>51504129
I honestly think he's here to somehow consensus crack an issue that doesn't even exist lol
>>51504162
>make something cool
>passive income forever
Man I wish I was smart!

>> No.51504220

>>51504208
>>passive income
more like active income, since they are on overdrive shilling their cult that makes them ~10k a day.

>> No.51504242

>>51504162
I don't think everyone pays the fee by the way, but even 10% is enough.

Aren't they like 4 to 10 people max (maybe less)?

>> No.51504335

>>51504162
>>51504208
>>51504242
WAIT IM AN IDIOT 1% OF THE DAILY BLOCK REWARD ~$85,000 IS $850. DISREGARD MY LAST POST. so actually its just like a passive income

>> No.51504358

>>51504335
Still big, especially in a bull market, especially if the beneficiaries are now 1 to 4 people.

>> No.51504397

>>51504358
$850 spread across a few guys isnt great. That is if they live in the states. But I mean they did the work. Youre more than welcome to fork it with 0% like XMR-Stak. Thats the beauty of FOSS. Or better yet— improve the hashrates and you'll get more users. But for all that work you'd probably leave a miner fee, unless youre very noble

>> No.51504444

>>51504397
It also adds up if they hoard it since 2014, when they were probably getting like X100 the coins they get now.

I suspect the main beneficiaries are 3 to 10 people; all multimillionaires since ~2016 at most; most still shilling.

>> No.51504495

>>51504444
Imagine the t-rex guys. Banking off of ETH, ETC, RVN, ERGO and more for years and years. And their percentage is non negotiable. Looks like there was a small window to get into the mining software scene and those who did are very, very comfortable.

>> No.51504497

>>51504335
>>51504162
>$850

This sounds more correct.
My napkin math put it at (4.32 + the non-tail emission block reward that i'm too lazy to calculate) x 365 x 7--i have no idea how old xmrig is), which means for several years they were literally working for peanuts

>> No.51504521

>>51504495
I'm also jealous of that fucker with the gpu mining software. Asking for like 3% profits from like millions of people from several coins.

I suspect he's practically a billionaire now and possibly having hired like 10 people working for his software.

>> No.51504572

>>51504140
Hide your wealth from the government or hackers? I make use of the Railway wallet to hide details of my wallet transaction and information but also has the option to provide details of my wallet transactions if there is a need for audit or legal proceedings occur.

Is this possible with Monero?

>> No.51504693

>>51504572
Excuse my incompetence but what is railgun exactly? Just an ERC-20 thats hard to track? Wont it go the way of tornado cash seeing that ETH is cucked?
>>51504521
Ehh, the amount of people making boat loads of money on stupid shit is unfathomable.

>> No.51504723
File: 151 KB, 1121x543, and-an-unknown-amount-of-monero.jpg [View same] [iqdb] [saucenao] [google]
51504723

>>51504572
> Hide your wealth from the government or hackers?
> Is this possible with Monero?
https://s3.documentcloud.org/documents/3898109/AlphaBay-Cazes-Forfeiture-Complaint.pdf

>> No.51505204

>>51504693
Railgun is a privacy-focused project that enables users to keep the public from seeing specifics of their wallet transactions and farming methods. Your transactions are kept private without the use of mixers .

In the event of an audit or a legal obligation, users can also choose to generate details of their transactions.

I really like the team's recent mobile launch because it allows me to quickly and conveniently access on-chainprivacy across multiple blockchains.

>> No.51505404

>>51504572
View keys. Would have taken 3 minutes to Google for this answer you lazy nigger