/biz/ - Business & Finance

[Anonymous No.52227270]

Lightning network + coinjoin makes monero obsolete

[Anonymous No.52227345]

Fuck glowniggers

[Anonymous No.52227399]

>>52227270
Eh there are still some drawbacks

Conjoins require you to manage your addresses properly (some wallets are easier than others)

Lightning network has a scale on what is private and what is public.
There are private lightning networks nobody knows about, but if you want to utilize the liquidity and routing ability of the larger network you'll need to route through a public node.

Tor has been acting like aids lately so accepting payments anonymously over lightning isn't 100% smooth.

Monero can't scale and has terrible security so that's that, but Bitcoin has it's challenges too.

[Anonymous No.52227412]

>>52227270
>Lightning network + coinjoin
LN in itself is pseudoanonymous because everyone can only see from and to hops, not the whole route.

coinjoin is creates a tainted tx because chainanalysis can detect it and CEX will bock it.

[Anonymous No.52227415]

>>52227270
name me a single dark net market place that uses lightning network + coinjoin
>>52227399
>Monero can't scale and has terrible security so that's that, but Bitcoin has it's challenges too.
retarded. Monero can easily handle Bitcoin's current daily transactions, and saying it has "terrible security" is you talking out of your ass.

[Anonymous No.52227465]

>>52227415
>Monero can easily handle Bitcoin's current daily transactions
Not the argument I was making.
Monero's transactions require more data because ring sigs are more complex, and as far as I know there is no block size limit.
It's the debate that was settled in 2017, if monero ever gets popular it'll be too hard to validate the chain.

The security is dogshit.
It's secured by botnets, FPGAs, and the occasional costsink miner.
Bitcoin with ASICs on Moore's law is light-years ahead of monero's flawed design.

[Anonymous No.52227505]

not really, what truly made monero obsolete was tornado cash
which is why the government tried everything to shut it down, quick

why haven't they even tried to shut down monero despite it being nearly a decade old?
curious, isn't it.

[Anonymous No.52227518]

>>52227505
What exchanges offer monero?
I only know of bisq

[Anonymous No.52227532]

>>52227465
>Not the argument I was making
No, it literally is the argument you are making retard. You said that the transaction take more data, which is true. And I told you that Monero could easily handle Bitcoin's daily transactions today. Learn to read.
>It's the debate that was settled in 2017, if monero ever gets popular it'll be too hard to validate the chain
Oh, you mean the "debate" that cucked Bitcoin into the globohomo mess that the Lightning network is today? Kill yourself. Yes it will take more time and guess what, technology will also improve. We also have pruning and almost yearly mitigations in improving verification speed and transaction size.
>The security is dogshit.
>It's secured by botnets, FPGAs, and the occasional costsink miner.
>Bitcoin with ASICs on Moore's law is light-years ahead of monero's flawed design.
Your first point is simply false, supported by a second point that is objectively incorrect and made up, and a third point that makes no sense as it assumes CPUs won't also continue improving.
Monero uses CPU mining, which is a hell of a lot more resilient long term than ASIC mining cartels, which can and will be targeted by regulations as they are centralized by production.
>>52227505
>not really, what truly made monero obsolete was tornado cash
Name me a single dark net market place that uses tornado cash
>why haven't they even tried to shut down monero despite it being nearly a decade old?
Because they literally can't. Monero is actually built to last. The only thing they can do is strong arm its liquidity but that isn't stopping its adoption.

[Anonymous No.52227561]

>>52227518
not many because they can't abide all the jewish kyc/aml laws. same reason most exchanges don't accept privacy coins or coins that went through tornado cash.

>>52227532
>dark net market
we're talking about actual monetary privacy here, not a bunch of druggies being told what they can use to buy drugs online with.

they can't ban tornado cash either, but they desperately tried
despite doing nothing about monero

almost as if they don't have to.

[Anonymous No.52227586]

>>52227561
>we're talking about actual monetary privacy here
and I'm talking about the largest privacy cryptocurrency economy.
If tornado cash was actually effective, it would be used there.
Tornado cash is only used because of all the ETH hacks and there being no other way of having privacy on ETH. You better believe they tried swapping right to Monero once they could.

[Anonymous No.52227589]

>>52227532
>I told you that Monero could easily handle Bitcoin's daily transactions today.
Do you even run a node or understand requirements to run one?
Probably not, because you would know hardware will have to scale with throughout increases.

You're beating the same drum Ethereum was beating years ago.
You even have the same argument of promising tech which all coins have, but Bitcoin has the most momentum and devs so your points are shit.

Globohomo mess? You fell for the Craig Wright blockstream meme?
Holy shit your retarded.

[Anonymous No.52227597]

>>52227586
yes, if you don't put privacy first but care more about the economies then monero is only slightly below average.
but if you care about privacy first, monero can at best only be one small part of your privacy solution.

anyone trying to tell you monero is good enough by itself either glows or isn't qualified to talk about privacy in the first place.

[Anonymous No.52227623]

>>52227270
>pic related
>brony cia nigger

[Anonymous No.52227648]

>>52227589
>Do you even run a node or understand requirements to run one?
Yeah I do. It's trivial and you 100% exagerating on how "difficult" it is to run one today. As I already said, Monero could easily handle Bitcoin's daily transactions.
>You're beating the same drum Ethereum was beating years ago.
>You even have the same argument of promising tech which all coins have
I don't care about beating Bitcoin or Ethereum. I just want a cryptocurrency that works and Monero has proven it works as it is actually fungible.
>the most momentum
top kek
>Globohomo mess? You fell for the Craig Wright blockstream meme?
KEK. You actually think Lightning Network won't be dominated by custodial and cucked platforms like Strike or Liquid. Yeah goy, mastercard and visa are investing. We are going to da moon!!!! Retard.
>>52227597
nigger I just want p2p digital cash. None of what you wrote makes any sense. Monero is the most used cryptocurrency on the dark net, which is literally the largest privacy currency. That is my basis on Monero being the best at privacy in cryptocurrency.

[Anonymous No.52227654]

>>52227532
>Monero uses CPU mining, which is a hell of a lot more resilient long term than ASIC mining cartels, which can and will be targeted by regulations as they are centralized by production.
CPUs are the target of botnets.
There was a hidden monero miner in UFC's media player.
You're all ticks thinking you're super 1337 h4x0rz

Bitcoin is integrated into the gird making electric loads more efficient.
You're afraid of globohomo regulations while we're taking them on with a sound capitalistic and scientific approach.

[Anonymous No.52227666]

>>52227270
ICP + spinner cash + bitcoin makes Monero obsolete

[Anonymous No.52227671]

>>52227648
>to run one today
You just change the argument and ignore my points
You're an idiot

[Anonymous No.52227678]

Man I ain't seen the glownigger cat in years.

[Anonymous No.52227684]

>>52227654
>CPUs are the target of botnets.
Okay? And then the Monero's network gets stronger. Le based.
>You're afraid of globohomo regulations while we're taking them on with a sound capitalistic and scientific approach.
You are cucking for globohomo is more like it.

I hope you are a bot because you are a retard.

[Anonymous No.52227702]

>>52227684
Ok tick boy go buy your drugs, but don't for a second think you can compete with real projects.

[Anonymous No.52227715]

>>52227684
So whats your cope with spinner cash?

It works today with bitcoin.

Monero bros claimed zk proofs were moon math and far in the future. Well guess what the future is here and it works and is damn private.

ooooh optional privacy though.

You can transact only using spinner cash if you're so obliged. Oooh, but the anon set. Well the anon set is actually shit for monero, because normies dont buy it.

[Anonymous No.52227727]

>>52227671
>You just change the argument and ignore my points
I was responding to your nonsensical argument about "understand[ing] [the] requirements to run one".
You wont' need any fantastical hardware in the future to run a node. If Monero handled Bitcoins transactions as they are today for the next decade, you would be able to run a node ten years in the future no problem.

[Anonymous No.52227731]

>>52227648
it's the most used, because people believe it's private, whether it's private or not is another issue entirely, they only care because they believe it is

monero is just a tech product, not money, not cash.

[Anonymous No.52227751]

>>52227654
Btw amir taaki the og cypherpunk doesnt own monero and thinks its a shitcoin.

[Anonymous No.52227776]

>>52227727
>If Monero handled Bitcoins transactions as they are today for the next decade, you would be able to run a node ten years in the future no problem.
Which is a dogshit argument because Bitcoin has a blocksize limit and monero does not.

As Bitcoin gets popular transactions are economically incentivized to be placed in a way to keep everyone in sync. This opens up micro payments, contracts, etc. That consolidate to the main chain

Monero has none of that.
You ignore lightning and other layers while saying it can scale which it cannot.

[Anonymous No.52227814]

>>52227589
>Do you even run a node or understand requirements to run one?
I run 5 nodes. Its retard simple to setup, you can run one on a raspberry pi. Some of mine also run through tor and i2p

[Anonymous No.52227844]

>>52227412
>create burner wallet
>send bitcoin to it through coinjoin
>send it regularly to a CEX
>CEX accepts the transaction because it's normal

[Anonymous No.52227874]

>>52227776
>Which is a dogshit argument because Bitcoin has a blocksize limit and monero does not
That blocksize limit leads to extremely high fees which is fucking stupid. There is no reason why Bitcoin should not just increase their blocksize or have a dynamic block size increase. The only logical reason is because they want you to use their cucked, globohomo second layer solution.
>Monero has none of that.
Which is great because it doesn't need it. It scales on its own, on the base layer. As it should be. Not on a custodial shit platform like Strike or Liquid.
>You ignore lightning and other layers
Nigger you have no idea what my arguments are, clearly. Second layer btc =/= BTC
>>52227844
It is factual that coinjoins contain fingerprints and if this is done enough CEXes can block you and withold your Bitcoin until you tell them where you got your Bitcoin from.
Additionally, individuals sending Bitcoin off of a CEX to coinjoin can also get flagged and questioned. Many such cases.

[Anonymous No.52227892]

>>52227814
Ok you know the shortage requirements part?
You ever look at a chart that shows projected requirements in 1y, 2y, 3y, etc.?
You need a blocksize limit to keep your chain in sync
Otherwise it gets popular and it prices out node operators which results in only richfags/banks calling the shots in the network.

[Anonymous No.52227921]

>>52227892
Storage is cheap now you fucking retard. 2tb ssd can be found for $60 which is over 10x what the xmr chain size is now.

[Anonymous No.52227923]

>>52227874
You missed all the arguments from 2017 and have fallen for a joke project.

Or maybe you were there and believe Craig Wright is satoshi idk.

[Anonymous No.52227969]

>>52227921
https://youtu.be/unMnAVAGIp0

If it ever gets popular it'll be captured due to node requirements, and the mining algo will get exploited by FPGA due to increased incentives.

There are several catch 22 problems in monero's growth.

This is why Bitcoin is the shit, they got it right

[Anonymous No.52227987]

>>52227969
I don't care if Montero ever gets popular so long as I have private p2p digital cash with security on the base layer. Not some kiked l2 solution.

[Anonymous No.52228033]

>>52227987
Ok cool but if you're right in your assessment that monero is a good idea, then you'll have to keep investing in hardware to stay in sync which bitcoiners saw coming and avoided

[Anonymous No.52228069]

>>52228033
Oh no, I'll have to get a 4tb drive in 6 years or run a pruned node. You're either poor or retarded

[Anonymous No.52228088]

>>52227270
meanwhile, in the real world

[Anonymous No.52228168]

>>52228069
I like mainchain light, and I have space to add other apps.
As this space grows you will not want a bloated mainchain but you don't have the vision.

Remember this conversation if your project ever gets popular, lol.

[Anonymous No.52228250]

>>52227270
1pbtid. Great work. Asstounding.

[Anonymous No.52228330]

>>52227270
>Lightning network + coinjoin makes monero obsolete

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAvHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Here's an idea, how about you go tell the seasoned OpSec gurus that hang out on Dread all about it, for some reason they now have zero interest in LN, CoinJoin, basically anything Bitcoin-related and are utterly fixated on Monero.

[Anonymous No.52228337]

>>52227270
Monero is a midwit trap

[Anonymous No.52228343]

>>52227987
Gonna be gud when any of these options happen:
>atomic swaps btc<>monero
>thorchain implements monero
>serai is developed
Feds are gonna seethe so hard

[Anonymous No.52228518]

>>52227751
Wrong. In the last MoneroKon interview, he said he is buying lots of Monero and his new project, DarkFi, is explicitly about opaque blockchains.

[Anonymous No.52228546]

>>52227270
even better with submarine swaps

[Anonymous No.52228565]

>>52228546
Nobody uses this shit.

Monero, on the other hand, is easy to use; already has wallets that are readily available to users; and has found widespread adoption on darknet markets.

[Anonymous No.52228567]

>>52228546
>even better with submarine swaps

Maybe it'll sink in eventually.

[Anonymous No.52228598]

>>52228168
>I like mainchain light
Then don't use blockchain. Blockchain literally means every transaction that ever occurs has to be recorded on storage device on every node in the network.
The best bet is
1) compressing the transactions as much as possible
2) betting on the costs of digital storage and bandwidth going down.

Number 2) has been the case for years. And it will be the case for years.

[Anonymous No.52228615]

>>52228567
>>52228565
maybe it will sink eventually that that your coin is best a transfer mechanism and at worst outdated tech thats going to be replaced. I doubt you have a CVE to your name let alone even work in cyber security. The darknet is irrelevant and has been for everyone that isn't a kiddy fucker for the past 5 years at least. No once cares about buyin cc or dumps anymore. only randsomwear or selling shells/domain admin access to big companies. Only retards who aren't in the game use the darknet at this point (druggies and kiddy fuckers). If you don't belive me create an account on exploit.in and see whats for sale.

[ɱ No.52228639]

>>52227518
kraken usa offers xmr. binance non usa offers it as well. many swap sites also offers it. its really just an extra step for most. newest kid on the block https://trocador.app

[Anonymous No.52228642]

>>52227465
Holy retard.

>Monero's transactions require more data
Per transaction, Monero's are larger than bitcoin's, up to 4 times. However, it was much more larger in the past. Monero's network upgrades have squashed the size of its transactions over time. And there is no reason not to believe it won't continue doing so.

>as far as I know there is no block size limit.
Retard. Go read on how dynamic block size limit works.

>It's the debate that was settled in 2017
Lol. Fuck off.

>FPGAs
>t. I have no idea what I'm talking about

>Bitcoin with ASICs on Moore's law is light-years ahead of monero's flawed design.
>t. if I use these kitchen sink full of terms I will sound cool!!

[Anonymous No.52228660]

>>52228598

Another thing to consider is blockchain data compression using recursive zero-knowledge proofs like zk-STARKs. Basically, you can verify the validity of multiple (as in thousands) of proofs using just a single proof, this would drastically reduce the amount of data you'd actually need to write to the chain.

So between STARKs and storage/bandwidth capacity increasing over time, I'm not even worried.

[Anonymous No.52228673]

>>52228615
> your coin is best a transfer mechanism
>omg a cryptocoin that's actually used??
>it is a scam!!!!
The bitmaxi logic is hilarious.

>and at worst outdated tech thats going to be replaced.
>what are Monero protocol upgrades
>how has Monero been updating its obfuscation tech over the years

>The darknet is irrelevant and has been for everyone that isn't a kiddy fucker for the past 5 years at least.
Going forward, you will only be able to buy your grass-fed beef on the darknet markets. Oh wait, bitmaxis are WEF-maxis as long as their coin's price goes up. You will eat the bugs and you will be happy.

The rest of your post is pure unadulterated bullshit.

[Anonymous No.52228702]

>>52228673
lmao you have 0 knowledge let alone experience in what you think your expert in. No one is buying shitty monero droppers to put on botnets anymore. No is using monero to buy domain admin access get paid after they drop ransomeware. No one even fucking bothers with TOR 99% of the time because they are in countries that will not prosecute them, are encouraged/state sponsored like north korea, or living in russian/iran.
You wont go on exploit.in and see that i'm right. You will keep making shit posts pretending to be a 1337 privacy advocate even though your not even a script kiddy. Your the type of faggot that gets caught first cause you have no idea what your doing. You think you got the opsec when in reality no one gives a flying a fuck that you buy your shrooms from the darkweb. If they did they would shut you down or arrest. Go ahead make an account on exploit.in and see for yourself. I doubt you even know what it is. experience something new for once in yourlife.

[Anonymous No.52228715]

>>52228702
Didn't read. Not selling.

[Anonymous No.52228752]

>>52228715
No cares that you got 5 Monero and you spend your time watching CP and ruining your brain on shrooms. In 10 years the west will legalize all your bullshit hedonism anyways. Once that happens what are you going use your monero for? They'll just exploit the BGP, backdoor in your hardware rowhammer style, or possibly DNS poison you if you are actually a problem. If you think you can hide with ANY software your very naive. All software can be broken and has been broken. See eternal blue, heartbleed, etc

[Anonymous No.52228793]

>>52228615
>maybe it will sink eventually that that your coin is best a transfer mechanism and at worst outdated tech thats going to be replaced.

lol Monero updates its own tech as necessary

>I doubt you have a CVE to your name let alone even work in cyber security. The darknet is irrelevant and has been for everyone that isn't a kiddy fucker for the past 5 years at least. No once cares about buyin cc or dumps anymore. only randsomwear or selling shells/domain admin access to big companies. Only retards who aren't in the game use the darknet at this point (druggies and kiddy fuckers). If you don't belive me create an account on exploit.in and see whats for sale.

OK, let me spell it out for you since you're clearly retarded: as the most high-stakes online environment in existence the darknet speaks with supreme authority on matters of OpSec, NetSec and privacy, since if you fuck up with any one of those your ass may well end up doing 25 to life.

Therefore, when the darknet (specifically the resident OpSec/NetSec/privacy gurus that recommend best practices) endorses a given privacy technology it means that tech should be considered the GOLD STANDARD and can be trusted to keep you safe.

Conversely, when the darknet advises AGAINST using a specific technology, in this case Bitcoin and all its many privacy "solutions", that tech should be considered SUB-PAR and is not to be trusted to keep you or your funds safe.

In other words, whatever privacy "fixes" the Bitcoin camp comes up with, are all doomed to be designated as SECOND-RATE and inherently inferior to a dedicated privacy solution like Monero, and as such they're not going to garner serious consideration by people looking to stay off the radar.


Now sit back and enjoy watching Bitcoin become evermore irrelevant in a world where privacy and fungibility are starting to matter more and more.

[Anonymous No.52228807]

>>52228642
so funny, Moore's law has nothing to do with this (aside from being irrelevant for years). Bitcoin is centralized as shit because of ASICs and there is no way to pretend it isn't. The only to contribute to the bitcoin consensus is by purchasing specialty hardware (which can be restricted) in mass quantities. Factory sized mining operations own the consensus and there is nothing that will change it.

[Anonymous No.52228819]

>>52228702
>No one even fucking bothers with TOR 99% of the time

t. leet hackerman from the dark webs

[Anonymous No.52228830]

>>52228598
I like what Bitcoin is doing.

Try to run an eth node and get back to me on your points.
The deviated from Bitcoin and got some popularity and nobody even knows what the requirements for an eth node are nowadays.
They changed the definition from full node to archive node or something it's all spaghetti

[Anonymous No.52228840]

>>52228642
You fell for marketing gimmicks
If dynamic blocksize can prevent bloat then fees go up.

Bitcoin has it right and everyone else is a cope to compete with the king.

[Anonymous No.52228841]

>>52228793
More code changes more exploitable bugs. Simple as. Enjoy buying your shrooms and your toy project while you can. It wouldn't surpise me if monero gets added added to zerodium one of these days and then your little CP hobby will have to stop =( The only reason it hasn't is probably because there is 0 reason for it now. They have more effective ways for catching idiots like you that think you can touch anything on a computer and be "opsec safe". Anyone who has advanced threat actors there evading knows just how stupid that is. But like I said no one gives a fuck your buying your shrooms or meth or whatever an idiot like you is buying with. Any bigger player is caught and with relative frequency. They don't need to break monero to catch you. Do you even know how they caught ross ulbricht? if you don't you have no business spewing your bullshit on here.

[Anonymous No.52228853]

>>52228840
can't wait till bitcoin gets flipped by the king shitcoin (ETH) in a few years and we can hear you idiots make the next excuse for why bitcoin cant be improved. at least they can pretend that they are making improvements.

[Anonymous No.52228865]

>>52228807
Miners lost in 2017, everyone here is a naive retard.

Their only purpose is to provide security which they do with the fastest chips (what I meant by Moore's law) on the cheapest electricity.

By doing this job of harnessing and allocating energy efficiently it becomes the meta for future civilization.

[Anonymous No.52228867]

>>52228841
> don't try to have privacy online because.. well just don't ok? we'll totally catch you with expensive zero day exploits if you keep doing it
t. government plant

[Anonymous No.52228870]

>>52228841
>>52228793
here you go here's a cookie for you tiny little brain. Here is the post the FBI used to figure out who ran the silk road. One fucking mistake where you post what seems to be a innocent enough was the end of his life. Its impossible to be perfect 100 percent of the time. If a simple question on stack overflow is enough to get you caught like below:
https://stackoverflow.com/questions/15445285/how-can-i-connect-to-a-tor-hidden-service-using-curl-in-php
how are you going to stop an attack with a 0 day against you? One in chrome/firefox one where they exploit BGP? Your fucked retard.

[Anonymous No.52228873]

>>52228853
ETH/BTC ratio peaked in 2017 and has been in steady decline like the other 4,000+ shitcoins

[Anonymous No.52228885]

>>52228873
>he doesn’t realize eth just went to POS
kek

[Anonymous No.52228887]

>>52228865
>Their only purpose is to provide security which they do with the fastest chips (what I meant by Moore's law) on the cheapest electricity.

This is irrelevant unless you somehow think that higher hashrate = more secure even though the algorithms are different.

>By doing this job of harnessing and allocating energy efficiently it becomes the meta for future civilization.

a future civilization wouldn't waste so much of its energy on an inefficient algorithm. cpus are much more energy efficient than ASICs or GPUs will ever be.

as usual tons of buzzwords you learnt from following michael saylor but nothing of value actually said.

[Anonymous No.52228904]

>>52228870
the FBI is going to run a year long investigation against everyone and anyone using Tor. Got it. I will uninstall immediately and submit to the mass surveillance overlords for maximum protection.

[Anonymous No.52228920]

>>52228873
least retarded technical analysis on this board. Draw big down arrow and claim its going to zero.

Btw did you know bitcoin is going to zero? I put an arrow from the 2021 top and extended it to now and it's basically guaranteed to go down! Sell fast!

[Anonymous No.52228925]

>>52228830
>Try to run an eth node and get back to me on your points.
Irrelevant. I run a Monero blockchain on shit hardware inside 256 GB blockchain and it works fine. When it gets full, I will prune the blockchain and keep using the 256 GB dust-spinner for years.

[Anonymous No.52228926]

>>52228904
Thats my whole point you smooth brain idtio. NO ONE CARES ABOUT YOU. Enjoy your meth and shoving what ever natsty hedonistic thing up your ass that you enjoy. Anyone that actually matters is not going to fucking rely on monero exclusivley and they sure as fuck aren't going to store their wealth in it long term. All you've done is shown how dumb and little you know about anything let alone opsec.
How about you go to zerodium.com and open your tiny little brain up to the world. Then go make an account on exploit.in of course you wont though. Your poor ass just wants feel important and like your apart of something. You think your on some crusade to heaven but all your doing is leading people to hell because you have no fucking idea what you are talking about.

[Anonymous No.52228932]

>>52228887
>This is irrelevant unless you somehow think that higher hashrate = more secure even though the algorithms are different.
Do you remember the race to Moore's law with ASICs?
Bitcoin could have been killed by jihan, but now it's distributed way better.

It is the best other algorithms blow.
Anything other than ASIC gets quasi ASICs called FPGAs when the profit margin makes sense.

Bitcoin ASICs use waste flaring, balance grids on ERCOT by purchasing electricity futures, and are strategically placed in areas with electricity cheaper than 7 cents kWh.
This means anyone paying over 7 cents is outside the cantillon effect for bitcoin's future.

You don't understand saylor, the hornets are people like Bitcoin Twitter or autists who correct idiots like you

[Anonymous No.52228945]

>>52228865
>Miners lost in 2017,
In 2017, bitcoin miners lost to bring in a HARD FORK.

Today, miners can (and do) collude to exclude certain OFAC sanctioned (and other baddie bitcoins) from getting their transactions into btc blockchain. This is effectively a SOFT FORK by the miners on the bitcoin network, and miners are winning. Banned, coinjoined bitcoin transactions will have to pay more in fees and will have to wait more hours (eve days), turning bitcoin into an unusable POS money, outside of the govt permitted use cases.

You will eat the bugs.

[Anonymous No.52228955]

>>52228926
The point is that governments cant just waste zero day exploits which often cost millions to discover just to take down arbitrary tor users. Care or not they simply CANT do it. Unless you do something really bad you are not going to be deanonymized using Tor.

P.S referring to clearnet exploit marketplaces doesn't make you a cybercriminal guru. It just makes you look like an idiot desperate to give yourself credibility because NO ONE takes opinions like your seriously.

[Anonymous No.52228960]

>>52228925
Does pruning limit your ability to reference old transactions for 2nd layer applications?
I want more functionality than just a mainchain.

[Anonymous No.52228962]

>>52228932
>Bitcoin ASICs use waste flaring, balance grids on ERCOT
Not all of them "altruist and noble" btc miners do that. Most btc miners are simply energy hogs, buying electricty from the grid and burning it without giving two shits about le environment of le greta thunberg.

[Anonymous No.52228971]

>>52228955
oh really? So how about you scroll to the bottom right of this page:
https://www.zerodium.com/program.html
and see they fucking buy tor Tor De-anonymization research. Your fucking dumb as shit dude. They have thousands of ways of getting you. lmao if anything since your using a "privacy coin" there just going to ask your ISP to give them your IP because they fucking know your using monero. once they have that they'll use 1 of thousands of methods to monitor you IF THEY CARE

[Anonymous No.52228975]

>>52228971
Stfu dude. Nobody cares about your sktzo ramblings.

Monero works. Monero is better and cheaper. Use it or lose it.

[Anonymous No.52228977]

>>52228945
(((They're))) trying to capture mining through regulations, but money talks and some miner in Russia out competes America OFAC miners by simply including it then nobody can do anything about it.

Wow create a regulatory board to shoot yourself in the foot great idea hahaha

[Anonymous No.52228980]

>>52227465
>no block size limit

There is no absolute block size limit, but there is a limit in the long growth rate, which is set to match the technological rate of progress

[Anonymous No.52228993]

>>52228962
>and burning it without giving two shits about le environment of le greta thunberg
You should kill yourself not only creating carbon output, but also for believing these people can dictate how we use our energy.

Europe is in for a rude awakening this winter, haha.

[Anonymous No.52229001]

>>52228975
https://www.reddit.com/r/Monero/comments/akce7z/who_sees_what_in_the_monero_usage_process/
your a loser who doesn't even understand how the internet works. You fuckers piss me off to no end. In the old days people used to care about their privacy and didn't believe pipe dreams like what your being sold. Your ISP knows your using monero. It knows your using TOR you idiot. Now fucking research what zerodium retard. Go on exploit.in. LEARN SOMETHING before you start leading people down to hell. I'm out and have proved to everyone lurking that you're an idiot. Anyone with a brain can do their own research from now on and make up their own mind.

[Anonymous No.52229003]

>>52228980
So if adoption outpaces rate of progress you go out of sync

But you the early adopter could probably scam some noobs into thinking it'll work and dump the bags on em.

[Anonymous No.52229009]

>>52228977
>some miner in Russia out competes America OFAC miners by simply including it
That's regulatory arbitrage fallacy. Fallacy here is that competing governments have interest in getting their miners confirm the transactions that got banned by the competing govts into the btc blockchain.

The argument implicitly assumes that the different govts won't be incentivised to ban certain types of transactions.

All governments are interested in having their serfs' economic transactions out in the open, easy to read, easy to surveil, and easy to tax.

Whether it is Russia, or USA or China... They might differ in their governance doctrines but they all have an interest in banning whatever financial obfuscation methods available.

Thus, you will see Russia and USA govts mandating the huge mining farms (which are sitting ducks waiting to be regulated) NOT to include coinjoin'ed transactions into the bitcoin blockchain.

You will have to transact transparently, and you will be happy.

[Anonymous No.52229010]

>>52227654
>CPUs are the target of botnets.
RandomX has large memory and cache requirements by design. For the fast algorithmus you need at least 2GB scratchpad, meaning at least 3GB system memory, better 4GB. A lot of the insecure Internet of Shit devices don't meet this criterium

[Anonymous No.52229030]

>>52229009
>Thus, you will see Russia and USA govts mandating the huge mining farms (which are sitting ducks waiting to be regulated) NOT to include coinjoin'ed transactions into the bitcoin blockchain.
That's true, we'll see how it plays out.

The arbitrage will go to smaller operations then.

[Anonymous No.52229043]

>>52229030
>The arbitrage will go to smaller operations then.
Too bad that the smaller operations do not mine new blocks that frequently as the bigger operations which literally have 100 000 ASIC equipments.

Your cypherpunk btc transaction might have to sit in the mempool for days (and get dropped off of the network if it waits more),

[Anonymous No.52229052]

>>52227969
>exploited by FPGA
FPGAs are good at parallel processing, which does work for simple algos like sha256, but doesnt work on RandomX with the high memory and cache requirements per instance. Cache in particular is such a tight bottleneck that on some modern processors its more efficient to mine not on all cores.

[Anonymous No.52229061]

>>52228932
>Do you remember the race to Moore's law with ASICs?
Why should I give a fuck? Moore's law (not a real thing) applies to more than just ASICs.

>Anything other than ASIC gets quasi ASICs called FPGAs when the profit margin makes sense.
Do not care. Making a monero ASIC is just making a better CPU which is something I am all for.

No matter. Your inability to type along with actually believing that michael saylor makes ANY sense is telling enough that you are a total retard. Bitcoiners truly are the dumbest people in crypto.

[Anonymous No.52229106]

>>52229043
Mempool depth is set by the node operator/miner so if you're going after the arbitrage you'll have more depth.

Also stratum v.2 let's the individual miner create the block so it'll be a game which pools offer which software.
Miners are economically incentivized to go to profitable pools so OFTC pools will be seen are weak.

It's a constant cost sink to uphold a dying order

[Anonymous No.52229122]

>>52229061
>Bitcoiners truly are the dumbest people in crypto.
Bitcoiners created this, are the kings of this, and there's nothing you can do about it.

[Anonymous No.52229132]

>>52229106
>Mempool depth is set by the node operator/miner so if you're going after the arbitrage you'll have more depth
Actually that probably doesn't matter
Arbitrage miners will just keep the most profitable at the top regardless of what some organization outside the consensus says

[Anonymous No.52229141]

>>52228971
Again. No one is paying what is essentially $1000000 to deanonymize you unless you do something "worth it". Idiots like you act like we should stop taking any security measures because "it can just be broken!". Should you stop locking your door then if it can be broken into? Perhaps we should get rid of all security systems since they will all be broken eventually!

[Anonymous No.52229174]

>>52227270
I think I'll stick with zoodao, at least there I can fulfill my fantasy of using my nfts as prisoners fighting over breadcrumbs.

[Anonymous No.52229188]

>>52227666
This. It seems privacy is solved.

[Anonymous No.52229198]

>>52229003
Nope, that's not how it works. Block growth rate is limited, so if adoption growth rate should ever exceed this, fees will go up short term to discourage usage.

Currently we are and have been far from the bocksize growth rate limit, and because relative growth will slow down the larger the userbase becomes, I don't think we will ever hit it for an extended period of time

[Anonymous No.52229218]

>>52229122
You created fuck all. Your deity satoshi nakamoto abandoned your shit "currency" before it was even finished because he was too much of a bitch to see it through.

Even the US dollar is fungible in cash form. What excuse does bitcoin have?

[Anonymous No.52229232]

>>52227874
You are so fucking tiresome. The guy patiently explains to you exactly what the problem is with big blocks, despite this being well understood by everyone who knows anything about crypto since 2017. The only people who don’t get it by now are the willful idiots, suckered in by a true con artist, now spending their days constantly seething and lashing out.
> cuck this, globohomo that
Those aren’t arguments and you’re impressing nobody. Everyone is here to make money, not watch you virtue signal your political stance.

[Anonymous No.52229236]

>>52229188
meanwhile no one who knows that they're talking about agrees with you. enjoy your sub par "privacy" solution.

[Anonymous No.52229407]

>>52229232
>Everyone is here to make money
Bitcoin is at the top of it's adoption s-curve and has been losing ground to both Ethereum and Monero over the last year during a bear market where it's supposed to do better. If you love money so much you'll have more of it with a basket of Eth and XMR.

Fun fact for our Bitcoin maxis: Michael Saylor is currently sitting on a 1.5 billion dollar unrealized loss on his Bitcoin purchases. If he had made the same purchases but bought Ethereum instead he would be sitting on a 1.5 billion dollar gain instead.

[Anonymous No.52230188]

>>52227678

[Anonymous No.52230485]

>>52227270
Centralised dogshit

[Anonymous No.52230960]

>>52229232
>The guy patiently explains to you exactly what the problem is with big blocks,
Which was called out as being retarded. Because it is. As the other anon said, Monero could easily handle Bitcoin's daily transactions today, and running a node ten years from now with that type of volume would not be a problem.
>The only people who don’t get it by now are the willful idiots, suckered in by a true con artist, now spending their days constantly seething and lashing out.
Explain to me how lightning network isn't overwhelmingly custodial you mongoloid.

[Anonymous No.52230990]

If lightning network is so good, then why DNM doesn't use it ?

[Anonymous No.52231168]

>>52230990
Because they're sinners.

[Anonymous No.52231467]

>>52227518
>I only know of bisq
All it would take you is a quick google search