/XMR/ - Monero General

[None !!ZrnK6IK8Nit No.55359227]

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 cryptocurrencies. 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 to 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 gradually approached 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://yewtu.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
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

[None !!ZrnK6IK8Nit No.55359234]

Reporting in
##################################
Swimng Pool - https://pastebin.com/raw/Mb7Dyg24
IRC - https://pastebin.com/kP1gZ1Hk
##################################
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

[Anonymous No.55359242]

Please post more Monero-chans, preferably naked ones

[Anonymous No.55359520]

PREVIOUS THREAD: >>55307892

[Anonymous No.55359529]

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>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 shut down/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. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

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

[Anonymous No.55359536]

How autistic would it be for me to wear a monero t shirt or ball cap in public? I'm a fat 5'5 manlet btw

[Anonymous No.55359539]

*****/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.55359607]

Never forget what this is ultimately all about.

https://anarkio.codeberg.page/agorism/
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/services

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Buy silver/gold bullion with XMR (US only)
https://monerosilver.com/

>Monero-only VPS hosting
https://kyun.host/

>Buy books with XMR
https://monerobookstore.com/

>Monero-only Airbnb
https://safehouse.homes/

>Win XMR!
https://monero.win/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Archetyp
>ASAP
>Astra #
>Asur Market
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>Darkmoon
>Drugula #
>FilthyFellas
>Gofish Market #
>HighSupply #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Sonanza Market #
>Squid Market
Links: https://pastebin.com/raw/6G9bxJAP


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED


or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me/
https://unstoppableswap.net/


>Want to support further development? Donate to the Monero General Fund or MAGIC Monero Fund
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

[Anonymous No.55359609]

Buy chainlink

[Anonymous No.55359627]

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

[Anonymous No.55359635]

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.


>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

[Anonymous No.55359978]

How much XMR can I get if I join a mining pool and just leave my M1 MacBook Air running overnight? Should I even bother?

[Anonymous No.55360008]

>>55359536
get /fit/ you fat fuck.
you are not allowed to be fat and wear monero merch.

[Anonymous No.55360019]

>>55360008
>>55359978
>>55359635
>>55359627
>>55359609
>>55359607
>>55359539
>>55359536
>>55359529
>>55359520
>>55359242
>>55359234
>>55359227
LMAO you midwits fell for Monero. Good luck never growing your wealth faggots

[Anonymous No.55360033]

>>55360019
>grow wealth
Nigga I am growing shrooms..

[Anonymous No.55360149]

.

[Anonymous No.55360152]

>>55360149
. .

[Anonymous No.55360158]

>>55360152
. . .

[Anonymous No.55360163]

>>55360158
. . . .

[Anonymous No.55360173]

>>55360163
. . . . .

[Anonymous No.55360195]

>>55360173
. . . . . .

[Anonymous No.55360198]

>>55360195
. . . . . . .

[Anonymous No.55360201]

nigger

[Anonymous No.55360205]

>>NaN

! Run is removed from /home/rkubecki/shitpoaster/bidness/trainers/vits_bidness-June-21-2023_01+24AM-0000000
Traceback (most recent call last):
File "/home/rkubecki/sandbox/envs/shitpoaster_based/lib/python3.7/comms-trainer/trainer/trainer.py", line 4733, in follow
self._follow()
File "/home/rkubecki/sandbox/envs/shitpoaster_based/lib/python3.7/comms-trainer/trainer/trainer.py", line 4735, in _follow
self.train_epoch(current_thread)
File "/home/rkubecki/sandbox/envs/shitpoaster_based/lib/python3.7/comms-trainer/trainer/trainer.py", line 5278, in train_epoch
for cur_step, batch in enumerate(self.train_loader, '.'):
File "/home/rkubecki/sandbox/envs/shitpoaster_based/lib/python3.7/comms-trainer/torch/utils/data/dataloader.py", line 628, in next
data = self._next_data()
File "/home/rkubecki/sandbox/envs/shitpoaster_based/lib/python3.7/comms-trainer/torch/utils/data/dataloader.py", line 671, in _next_data
data = self._dataset_fetcher.fetch(index) # may raise StopIteration
File "/home/rkubecki/sandbox/envs/shitpoaster_based/lib/python3.7/comms-trainer/torch/utils/data/_utils/fetch.py", line 61, in fetch
return self.collate_fn(data)
File "/home/rkubecki/sandbox/envs/shitpoaster_based/lib/python3.7/comms-trainer/shitpoaster/shitpoaster/models/vits.py", line 340, in collate_fn
mimic_padded[i, :, '. . . . . .', : mimic.size(1)] = torch.FloatTensor(mimic)
RuntimeError: The expanded size of the tensor (5) must match the existing size (4) at non-singleton dimension 0. Target sizes: [1, 12]. Tensor sizes: [2, 6]

[Anonymous No.55360567]

Why wouldn't this work?
A coin with single-transaction blocks that you can just sell the PoW of and the buyer can redeem it to get his coins?
We wouldn't need Monero anymore.

[Anonymous No.55360889]

>55355466

They are being smart at slowly delistinh privacy coins to not cause too much noise and cause the streissand effect so we are now entering into new world order territory, but someone explain me to with no conspiracy theorys lets say this is organic why euros which invented free trade and had colonys why are they cucking themselves so much to goverment.

[Anonymous No.55361056]

Reporting in,
fuck Bitcoin.

[Anonymous No.55361900]

You can DCA Monero with kraken now, pretty based

[Anonymous No.55362688]

Threadly reminder that there is now a parallel XMR General on the darknet imageboard BitChan where you can post with the absolute maximum degree of privacy possible.

Why bother? Well, remember that every time you post on 4chan the content + your IP address are being logged and that data can and will be made available to LE/glowies upon request.

So if you need to ask a very delicate question, want to make a potentially incriminating announcement or you otherwise just absolutely positively DO NOT WANT to risk being deanonymized, the BitChan thread would be the place to do it.

The slightly higher barrier to entry also serves as a badly needed retard filter so a lot of us post there simply to avoid the hordes of mouth breathers that befoul this otherwise delightful basket weaving forum.

>How do I access BitChan?

You need to have I2P configured & running on your device. Fortunately, pre-configured browser bundles are now available and make everything easy. Since most of you lazy faggots are still using Windows we'll default to that for the following guide:

1. Visit https://i2pd.website/ and click on 'Download I2PdBrowser'.
2. Download either the I2PdBrowserPortable_xxx.7z or .exe file. Extract/install it.
3. Run the StartI2PdBrowser.bat batch file to launch. Adjust firewall settings/port forward as required. Port forwarding > UPnP

A cmd window will pop up and initialize the process. A windowed Firefox instance should soon appear. DO NOT RESIZE IT! Browser fingerprinting is a thing. Once pic-related appears you are officially browsing the darknet! You can monitor yr I2P service by visiting http://127.0.0.1:7070/ in yr *regular* browser.

Then simply copy/paste the following link into the address bar as per usual:

http://bitchan.i2p/thread/BM-2cVPN9mi9oBKATjNxKkopHJSCU9ah7wQwW/047186ce462d

You may have to complete a CAPTCHA on your first visit. Also, NEVER, EVER ENABLE JAVASCRIPT!!!!

Keep in mind that page loading takes longer on the darknet, so be patient.

[None !!ZrnK6IK8Nit No.55362746]

[Anonymous No.55364072]

Fuck zcucks
Fuck hedgies
Fuck the sec
Fuck the irs
Fuck niggers
Fuck jannies
Fuck kikes
Fuck zcucks again
Fuck bitniggers

[Anonymous No.55364199]

lol Zcucks are now bragging on Twitter about the EU taking Zcash off the banned privacy coins list.

https://twitter.com/beczka2006/status/1671224544693026817

Meanwhile, the the number of darknet markets that accept ZEC = 0 lol

[Anonymous No.55365326]

As soon as this BTC pump is over XMR is going back to $125.

[Anonymous No.55365381]

>>55365326
Likely, also likely is that the btc pump is never over and it’s co-opted by the financial system as a liquidity sinkhole real energy asset. What then?

[Anonymous No.55365453]

>>55365381
My BTC goes brrrrrr

[Anonymous No.55365472]

>>55365381
>Likely, also likely is that the btc pump is never over and it’s co-opted by the financial system as a liquidity sinkhole real energy asset. What then?

lol no bubble in recorded history has lasted forever. At the end of the day there needs to be a *compelling* reason why people will keep buying a given asset and NGU ain't it, it simply doesn't work mathematically.

[Anonymous No.55366126]

>>55365472
Financial system where vanguard and Blackrock have tens of trillions under management. That’s the thing that moves btc price. If they get involved BTC to 250k. Monero will win in the end, imo.

[Anonymous No.55366222]

>>55366126

That's just another appeal to NGU economics. Again, its mathematically impossible for everybody who "invests" to extract a fat profit because without disproportionate non-speculative demand you're left relying on newer investors to cash out the older investors, also known as a "ponzi scheme."

[Anonymous No.55366465]

>>55366222
Checked, and to add to this, line cannot go up forever when we’re all stuck on a planet with finite resources that we’re not leaving any time soon. The current trend will be broken, whether that’s by catastrophic deleveraging and a crash that makes you think 1929 and the 1890s had a baby or by the feds going full Zimbabwe mode and rendering the world’s reserve currency worthless

[Anonymous No.55366815]

>>55366222
>>55366465

That’s not the case with a deflationary asset. There’s never been a deflationary asset like BTC globally used as a middle man currency. You can’t print more of it. Longest holders get disproportionally rewarded. United States jumping ahead with adoption. Good for monero overall

[Anonymous No.55366853]

>>55366815
Normies start investing in BTC through ETF and new exchanges. Supported by Fed. Just like the stock market inexplicably reaches new highs, housing market does, BTC as an asset supported by the fed niggers may explode in value. Already happening to me. I am interested in if this hypothetical happening happens, how Monero reacts. Good overall!

[Anonymous No.55366881]

>>55359242
Fresh Oh See.
https://files.catbox.moe/4a8fvr.jpg
https://files.catbox.moe/wh4z42.jpg
https://files.catbox.moe/mwpatk.jpg
https://files.catbox.moe/d098fy.jpg
https://files.catbox.moe/u70plq.jpg

[Anonymous No.55366973]

>>55366815
>BTC globally used as a middle man currency

Its not though, hardly anybody is buying BTC these days to actually use it as currency *with no expectation of future profit*, most demand is overwhelmingly speculative which, as explained, puts you squarely in ponzi territory.

TL;DR: too many investors and not enough users = mathematically impossible for investors to profit = ponzi scheme.

Now look at Monero: as the online black market economy expands over time more and more of the demand for XMR will come from a consistently growing number of users who need XMR to buy shit, making it mathematically feasible for investors to cash out at a fat profit should they desire to.

[Anonymous No.55366985]

IT'S FUCKING OVER

[Anonymous No.55367007]

>>55366853
>Just like the stock market inexplicably reaches new highs

When shit stops making sense is when you GET THE FUCK OUT"

[Anonymous No.55367011]

>>55365472
>>55366222
>>55366973
All money is a bubble, being overvalued relative to its actual use. It's been the case with the USD, it was the case with the British pound.
https://www.unqualified-reservations.org/2013/04/bitcoin-is-money-bitcoin-is-bubble/
https://www.unqualified-reservations.org/archive/john_law_safehaven.html

[Anonymous No.55367021]

>>55367011
>All money is a bubble, being overvalued relative to its actual use. It's been the case with the USD, it was the case with the British pound.

Maybe, but everybody needs USD/fiat to settle debts and pay taxes.

[Anonymous No.55367110]

>>55367021
The articles address that point:

>"Dollars will not become worthless even if Bitcoin becomes the global monetary standard, because dollar-denominated liabilities will remain... what creates any incentive to switch to Bitcoin? If the dollar was financially perfect, there would be no such incentive... This set of liabilities is constantly expanding—quite a bit more rapidly than the Bitcoin pool. In plain English, USG leaks money... As the BTC price increases into the millions, the purchasing power to pay off all the dollar debts—simply by cashing in a few Bitcoins—appears with it."

While I grant that Monero has a number of technical innovations, and freedom and privacy are both important, whatever has the most mass ends up becoming money. Currently that is Bitcoin, and given US institutions are adopting, rather than banning it, it'll keep gaining mass. It doesn't have to do anything special other than not bleed value as fast as the US dollar, which it does just fine.

[Anonymous No.55367167]

>>55367110
>Bitcoin becomes the global monetary standard

Yeah, I'll start to take this fantasy a little more seriously as soon as BTC wins back the darknet economy.

>As the BTC price increases into the millions

And why exactly would that happen? "Bitcoin, worth millions but black market sellers refuse to accept it!"

[Anonymous No.55367188]

>>55367110
>Currently that is Bitcoin, and given US institutions are adopting, rather than banning it, it'll keep gaining mass

"The government lets us have this, sure hope things stay that way!"

[Anonymous No.55367227]

>>55367167
>>55367188
"Legitimate" and institutional markets are considerably larger than black and grey markets, and that is where Bitcoin is focusing its energy. We're watching the effects in real time, as US institutions get on board.

I don't deny the usefulness or dominance of Monero when it comes to black markets. But even then, if Bitcoin continues to become the number one "bubble" or store of value, black market participants will also use it as a savings vehicle, even if they do deals in Monero. The two aren't opposed to each other, and can be perfectly compatible. They're used for different things.

[Anonymous No.55367279]

>>55366881
<3

[Anonymous No.55367619]

>>55367227
>"Legitimate" and institutional markets are considerably larger than black and grey markets, and that is where Bitcoin is focusing its energy. We're watching the effects in real time, as US institutions get on board.

None of this is permissionless, any white market adoption forever puts the Bitcoin economy at the mercy of the State, and the State is likely to legislate all competing currencies out of the mainstream economy once CBDC Fedcoins are rolled out.

The black market, on the other hand, is by definition immune to State interference and fully regulation-proof. Can't get any more comfy than that.

>But even then, if Bitcoin continues to become the number one "bubble" or store of value

lol a bubble as a store of value, that's brilliant

>black market participants will also use it as a savings vehicle, even if they do deals in Monero

BTC is increasingly toxic to black market participants, that's why its getting shitcanned from the darknet economy at a rapid pace.

[Anonymous No.55367865]

>>55367619
You're completely missing the point , I say Bitcoin does A, Monero does B, they're compatible. You respond with "but Bitcoin doesn't do B, and I'm going to ignore A because it doesn't fit my ideology so it's worthless".

Yes, state regulated activities aren't permissionless. If you want to buy a house there's rules, regardless of whether you buy it with Bitcoin or gold or Monero. But Bitcoin itself is permissionless, same as Monero or even gold (provided you can verify it). But regardless of what currency we all use, people are going to want to buy food, and cars, and houses, and shop from Amazon, and other regulated activities. Power naturally centralizes and the existence of Bitcoin or Monero isn't going to change change human nature, even if they limit some of the ways that power is abused.

[Anonymous No.55367884]

>>55367865
what does bitcoin do that monero doesn't other than being liked by regulators?

[Anonymous No.55367935]

>>55367619
Even buying drugs online with Monero, I have to trust the dealer not to screw me, and the platform to return my funds from escrow if I get screwed. Because whether the state or dark markets, you're ultimately dealing with people.

>>55367884
Monero and Bitcoin have technical tradeoffs, L1 privacy, fast, cheap transactions, widely accessible mining hardware, miner subsidies vs simple implementation, higher security, more lightweight blockchain, fixed supply.

But ultimately the important distinctions are human, not purely technical. Bitcoin is number one because it has the greatest network effect because it's number one, and no amount of techno-autism can change that human decision.

[Anonymous No.55367942]

Monerochan is getting raped by bitcoin cash of all things. How does this make you feel?

[Anonymous No.55368003]

>>55367935
>Bitcoin is number one because it has the greatest network effect because it's number one
This is the most piss weak form of network effect. It is true as long as (You) keep repeating it, but you can stop any time, and you should.
>but everyone else will keep saying it
Yes, speculation bubbles never burst, it just can't happen thanks to network effect

[Anonymous No.55368023]

>>55368003
This goes back to my original post, that money, whatever the form, is a bubble.
>>55367011

[Anonymous No.55368097]

Ultimately though, this thread isn't about Monero vs Bitcoin at all, it's about anarchy vs the state and that Bitcoiners want to take over state power while Monero folks are trying to openly destroy it.

[Anonymous No.55369380]

>>55366881
very cute. we need more modestly-clothed monero-chans.

[Anonymous No.55369452]

>>55368097
Bitcoiners are the Bolsheviks of crypto

[Anonymous No.55369604]

Bitcucks can't even be happy with their fake pump, they have to pilpul here

How pathetic

[Anonymous No.55369613]

>>55368097
Bitcoin has no usecase, stop bringing it up

This is the monero general

[Anonymous No.55369954]

The confirm send window occasionally takes ages to create a transaction and often fails after a few minute wait. Local node, what could the issue be?

[Anonymous No.55370068]

MONEROMARKET.IO

[Anonymous No.55370112]

>>55368023
That's an interesting new cope

[Anonymous No.55370433]

>>55367865

>Yes, state regulated activities aren't permissionless. If you want to buy a house there's rules, regardless of whether you buy it with Bitcoin or gold or Monero.

Regulations determine what is and isn't legal tender, what may or may not be accepted as payment for trade, commerce or business dealings, which doesn't bode well for anything deemed to be in competition with the State's own Fedcoin since the State has essentially nothing to lose and a lot to gain by giving their Fedcoin a monopoly on digital payments in the mainstream economy.

In other words, game over for any and all crypto not accepted as payment in the unregulated shadow economy i.e. Monero's home turf.

>But regardless of what currency we all use, people are going to want to buy food, and cars, and houses, and shop from Amazon, and other regulated activities.

Yes, and when the States declares "can't use crypto here, cash or Fedcoin only", what are you going to do then? Picrelated is MFW.

[Anonymous No.55370492]

>>55367935
>Even buying drugs online with Monero, I have to trust the dealer not to screw me, and the platform to return my funds from escrow if I get screwed. Because whether the state or dark markets, you're ultimately dealing with people.

Individual sellers on the darknet do not wield the authority of the State.

>Bitcoin is number one because it has the greatest network effect because it's number one

NGU because people buy it because NGU

[Anonymous No.55370505]

>>55368097
>Bitcoiners want to take over state power

kek and the State is just going to roll over and let it happen lmao

[Anonymous No.55370522]

>>55368097
>Bitcoiners want to take over state power
they won't be able to take over the state power from the status quo.
Bitcoin is co-opted, and the State will simply integrate btc into its own control systems:

https://videos.lukesmith.xyz/w/if78EY16fMxXyYXWdmVg4S

Bitcoin will provide the State the means of seeing into the citizens' finances, and tax their economic activities.

Also, under a transparent ledger, people will be unconsciously nudged into censoring their own economic activities, and eventually, they will censor their own thoughts.

[Anonymous No.55371053]

>>55368097
>Anarchy
>Considered a good thing ever
Its actually more of a classic Greek democracy vs the jewish uniparty farce of modernity.

[Anonymous No.55372074]

>>55370433
>which doesn't bode well for anything deemed to be in competition with the State's own Fedcoin
Like Monero? The US gov itself has indicated that USD losing its world reserve currency status is both inevitable and desirable, while at the same time showing more support for Bitcoin. You've been bouncing between Bitcoin will be co opted, and Bitcoin will be banned, at least pick one and stick with it.

[Anonymous No.55372126]

>>55369604
>>55369613
It's a productive discussion and worthwhile discussion, and the OP lists Bitcoin a dozen times, so it's not like anyone here is adverse to debating Bitcoin vs Monero.

[Anonymous No.55372274]

>>55370492
>NGU because NGU
That's the way most people think, there's no helping it, might as well work with it.

>>55370522
Funny you mention Luke since like him, I also believe Monero is technically better, and more idealistic. But even Luke recommends most people do 90% Bitcoin 10% Monero, despite preferring Monero.

[Anonymous No.55372305]

>>55372074
>Like Monero?

Monero is establishing itself as the exclusive currency of a consistently growing online shadow economy and just like that economy it doesn't need the State's approval to survive and thrive. Monero could literally be declared an enemy of the State and nobody would care lol

>The US gov itself has indicated that USD losing its world reserve currency status is both inevitable and desirable, while at the same time showing more support for Bitcoin. You've been bouncing between Bitcoin will be co opted, and Bitcoin will be banned, at least pick one and stick with it.

lol what "support"? The State currently tolerates crypto because it doesn't yet have a dog in the fight but that could well change once Fedcoins are rolled out. As history shows, the State only ever seeks more control over the financial system, not less.

And you don't need to explicitly ban Bitcoin/crypto, you just need to make using it exceedingly difficult, it amounts to the same thing.

Bottom line: the future of digital payments is CBDCs for the mainstream economy, crypto for the shadow economy.

[Anonymous No.55372320]

Can we just work on keeping this stable so I can more easily buy drugs thx

[Anonymous No.55372354]

>>55372274
>>NGU because NGU
>That's the way most people think, there's no helping it, might as well work with it.

>Yes, I know its mathematically unsustainable in the long term but what the hell!

[Anonymous No.55372544]

>>55372274
>recommends most people do 90% Bitcoin 10% Monero, despite preferring Monero.
The only reason to recommend btc is that it is a stronger ponzi and it will make you get more Monero in exchange for it at its top.

I use btc to stack more Monero at the top of the bull market cycles.

That is it. That's the whole function of bitshit.

[Anonymous No.55373094]

>>55372126
No it isn't

Your dogshit shill points are not only stupid, they've been brought up thousands of times, you are an idiot

[Anonymous No.55374150]

>>55359227
I was promised an electronic cash system. So I got myself some exehmarr
and it worked ok. bought a giftcard on coincards and redeemed it without issue.
Fast forward a few weeks I find out about a local coffee shop accepting xmr.
I have never dropped spaghetti this fucking hard in my life.
I asked if I could pay with XMR, guy behind the counter was cool about it and we did some small talk while he got my coffee ready.
I pull out my monerujo wallet, open the wallet, and I'm sitting there waiting like an idiot while it takes forever for blocks to sync.

This is NOT ok. Neither me nor a merchant has the time or the patience to sit around while fucking blocks sync for 20 minutes. ended up paying cash because of it.

How do you guys deal with this? Do you run a .onion node for muh privacy and a second highspeed datacenter node to connect to for basic things like coffee?

At some point soon this needs to be the same UX like paying with google pay in terms of convenience and time.

Imagine your local starbucks where instead of everyone paying with cards or google pay everybody pays with xmr. It's going to be the litmus test if this stuff works IRL. If you can't handle a breakfast lunch or a 50 car queue at chick-fil-a because of the UX, then it's useless.

[Anonymous No.55374206]

>>55374150
>waiting like an idiot while it takes forever for blocks to sync.
SERAPHIS
FIXES
THIS: https://piped.video/watch?v=xGEBRQU1lzw&t=732

Unitil Seraphis + Jamtis upgrade goes live, I open my wallet and sync the blocks every couple of days, whenever I can.

>Do you run a .onion node for muh privacy and a second highspeed datacenter node to connect to for basic things like coffee?
I do this, yes, but on my android phone. Then I use https://monerujo.app wallet on the same phone to connect to the monero node on the same phone and quickly sync the blocks.

https://github.com/nahuhh/android-termux-monero-node

>At some point soon this needs to be the same UX like paying with google pay in terms of convenience and time.
SERAPHIS
FIXES
THIS

[Anonymous No.55374216]

>>55374150
>inb4 muh dark market economy
how do you think CBDCs are gonna work? There's gonna be a huge surplus of demand that can't be filled because people will fill up their allotted carbon emission quotas per month instantly.
The chicken farmer thats only allowed to sell you 6 eggs per month is still gonna sit on eggs that either go bad or you can come in and buy those eggs with xmr. The vegan douche down the street has been hoarding his steak ration coupons for 6 months and is looking to make some bank to get some GMO free whole grain bread.
This shit is either gonna be a giant flea market/bazaar, or it's gonna be XMRs time to shine.

[Anonymous No.55374257]

>>55374206
I don't have the space on my phone for an XMR node. I guess I could carry a second phone with a monerujo sidekick and sync between the phones.

That being said I also thought it would be a cool idea for merchants to just host a node too. You're offering me guest wifi, you might as well offer a local node. Yes its not trustless, but being a brick and mortar store I think they're incentivized enough to not run a malicious node.

[Anonymous No.55374266]

>>55359227
>>>/pol/431628829
the people are awakening bros

[Anonymous No.55374286]

>>55374257
>run a node on a computer you keep on most of the time
>configure mobile wallet to point to remote node (your computer)
>???
wow that was hard

[Anonymous No.55374295]

>>55374257
>I don't have the space on my phone for an XMR node.
A pruned monero node is currently 65 GB. If you have like 80 GB free, you can manage it.

Nowadays, most phones come with 128 GB of internal storage.

[Anonymous No.55374300]

>>55374150
>I pull out my monerujo wallet, open the wallet, and I'm sitting there waiting like an idiot while it takes forever for blocks to sync.

You're supposed to keep your hot wallet online so its always fully synced, genius. I've been using Monerujo this way for years with zero issues.

[Anonymous No.55374334]

What are the most important open source projects in your opinion? Most benefitial project that benefits from xmr or projects that are open design like risc-v

[Anonymous No.55374349]

>>55374334
tor, i2p, linux, qubesOS, grapheneOS, calyxOS...

[Anonymous No.55374409]

>>55374286
>light wallet privacy attack surface
>abysmal performance when running .onion node
>>55374266
not setting foot in that cesspool, but I wonder why commies aren't seeing the same "you own the fruit of your labor" benefit? They can't be all neoliberal stooges.

[Anonymous No.55374411]

>>55374349
Is calyx os like a combination of tails or linux + removing android for another operating system

[Anonymous No.55374428]

>>55374409
>>abysmal performance when running .onion node
>lemme pull things out my ass
nigger you don't even know what you are talking about.
I run my own node over Tor, and syncing my featherwallet.org over Tor is quite fast.

Use it or lose it.

[Anonymous No.55374480]

>>55374409
Check the thread, unironically based

[Anonymous No.55375231]

>>55374428
did you miss the part where I'm waiting 15 minutes in the coffeeshop for blocks to sync?
I (perhaps falsely) assumed that sync over a local node or a clearnet node would have been faster.

[Anonymous No.55376532]

[Anonymous No.55376718]

>>55374150
>Fast forward a few weeks I find out about a local coffee shop accepting xmr.
Lol did you seriously make up a story
And it shouldnt take 20 minutes to sync. Why are you not syncing your hot wallet at least once a week? Twenty minutes would imply you haven't synced in am extremely long time.

[Anonymous No.55377424]

>>55374409
>I wonder why commies aren't seeing the same "you own the fruit of your labor" benefit?
Commies don't even believe money is "real", in that, it serves a useful purpose. They're incredibly far gone. You basically have to educate them on the most basic facts of reality to even begin to get through to them. Even then, most of them will just deny what you say or not listen in the first place.

[Anonymous No.55378640]

Comfy

[Anonymous No.55378998]

>>55374409
>They can't be all neoliberal stooges.
the squeaky wheel gets the oil most liberals I used to know are "radical centrists" now whatever that is

[Anonymous No.55379182]

>ASIC resistance is also impossible long term and while I applaud XMR for their efforts, even they admit that at some point they will likely need to embrace the ASICs or spend the rest of eternity creating new methods of avoiding it. It's like cat and mouse.
>>55375625

Is this true?

[Anonymous No.55379233]

>>55379182

lol no. Building a viable Monero ASIC = building a viable general-purpose CPU = beating Intel/AMD/ARM at their own game, a game they've been in and perfected over the course of many decades to the point no other competitors dare enter the arena.

[Anonymous No.55379957]

>>55370522
Luke is a BTC grifter that doesn't even accept Monero as payment on his online book store, SAD

[Anonymous No.55379992]

>>55379957
yeah you are a nigger

https://videos.lukesmith.xyz/search?search=monero&searchTarget=local

[Anonymous No.55380082]

>oversold past 4 years
Doesn't this hint at an inflation bug? Aka binance selling units that don't exist on chain.

[Anonymous No.55380091]

>>55379992
Of course the tech eceleb makes VIDEOS about Monero but he doesn't ACCEPT Monero on his website, probably because he got filtered by it. Infact he doesn't accept ANY crypto on his site, just credit cards. What a fucking grifter.

[Anonymous No.55380161]

>>55380082
>Doesn't this hint at an inflation bug? Aka binance selling units that don't exist on chain.

If that were the case then you'd expect to see an abundance of supply on exchanges rather than the constant issues with low supply resulting in suspended withdrawals.

[Anonymous No.55380427]

>>55379233
What about risc-v?
There are people and companies already building very core-dense cpus. And risc is just begining, imagine in 10 years.

[Anonymous No.55380674]

>>55380427

We're talking about actual fabrication here, Intel and AMD have invested heavily in R&D and manufacturing facilities over the course of 50+ years, enabling them to produce top-quality CPUs at scale, you don't just decide you're going to compete with the likes of that.

Also remember that, as Howard Chu has pointed out, RandomX is highly tweakable so its easy to hard fork and brick any ASICs that might eventually appear, that's exactly what happened back in 2018.

[Anonymous No.55381015]

The Monero-Making Personality

>Suppose that you have observed two young men on their way through college, and on graduation day are asked to tell which one of them will make a fortune. Let us call them Smith and Jones. Both are intelligent, ambitious, and come from the same modestly average background, but there are significant differences between them.

>Smith is aggressively social and very popular, he belongs to many campus groups and is usually their leader. Jones is quiet, reserved, he does not join group activities. He is usually noticed but neither liked nor disliked, some people resent him for no apparent reason. Smith has a wide variety of interests but is always available for one more undertaking. Jones has chosen an undertaking, the pursuit of some special task or study outside the college curriculum, to which he devotes all of his spare time. Smith adjusts himself to people easily, but finds it harder to adjust himself to changing circumstances. Jones adjusts himself to circumstances, but is inflexible in regard to people. Smith’s scholastic grades are uniformly excellent. Jones's grades are irregular; he gets ‘A’-plus in some subjects and ‘C’ in others. Smith's image in people's minds is one of sunny cheerfulness. Jones's image is grimly earnest, but some rare, pleating signs seem to indicate that in the privacy of their inner world their roles are reversed; it is Jones who is serenely cheerful and Smith who is brimmed by some grimly nameless dread.

>Which one would you choose as the future fortune maker? If you subscribe to the currently prevalent ideas you would choose Smith and you would be wrong. Jones is the archetype of the Monero-maker, while Smith is a deceptive facsimile who will never make money, though he may become rich.

https://www.youtube.com/watch?v=Uwz9ZfOusew

[Anonymous No.55381305]

>>55379182
Well no but to be honest crypto only has a chance against a liberal goverment lets say the goverment was taken by kim i am sure he would try to scourge the earth from bitcoin and monero, he would try to find all the guys with nodes and drone them out of existence and just making life hard enough for any business that accepts crypto is enough to cuck or disperse the will of the crypto users.

[Anonymous No.55381507]

>>55380091
holy shit bros...
even luke smith, the freetard, uses Stripe (proprietary, closed source, non-free as in freedom). we lost.

[Anonymous No.55382159]

>>55381305
>only has a chance against a liberal goverment
This is kinda true. If a totalitarian regime declares full war on crypto that would be enough to keep 99.9% people away and the rest 0.1% would fall like flies because having succesful opsec as an individual with little to no personal freedom its nearly impossible. Building monero like systems and hoping them to work requires liberal minded states, or at least that they pretend to be liberal.

[Anonymous No.55382188]

>>55380091
>>55379957
This guys a tranny scammer btw.
Wtf thought mods ranged you.

[Anonymous No.55382424]

so how I go about getting some XMR into my wallet the cheapest way possible in the UK?

[Anonymous No.55382457]

>>55382424
Localmonero. National bank transfer or cash by mail if you dont want *them* to know you have some neros.

[Anonymous No.55383833]

[Anonymous No.55383994]

Any clues why the number of transactions is quite low the past year?
Tor and i2p are no longer ddosed no?

[Anonymous No.55384025]

>>55383994
Do you have the data? Please share

[Anonymous No.55384098]

>>55384025
Monero.how
Moneroj.net
See for yourself

[Anonymous No.55384502]

Is there anything like this for xmr? A little device that's easy for a non-technical person to set up and mine xmr without using a pc?

https://github.com/BitMaker-hub/NerdMiner_v2

[Anonymous No.55384532]

>>55384502

Yes, its called a "smart phone"

[Anonymous No.55384633]

>>55379233
Technically, an ASIC is a circuit designed to perform 1 task. CPU are 1 kind of ASICs, made to perform instructions. Making an ASIC for RandomX = making a circuit to handle dynamic algorithms = a CPU, by nature

CPUs will always be the most efficient way to mine XMR. Perhaps RandomX optimized CPUs, with a slight 20% advantage, but that's it.

[Anonymous No.55384652]

>>55384532
why would anyone do that? Just buy an old computer, whatever.

[Anonymous No.55385681]

>Trusted technology, growing adoption

Zcash was launched by one of the most respected technical teams in the world.

Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.

Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.

Multiple, independent organizations are funded to innovate on Zcash.

Zcash is already available on top exchanges, digital wallets and a growing number of applications.

[Anonymous No.55385696]

This is what Monero chuds dont want you to know.

Buy Zcash if you actually want to make it.

[Anonymous No.55385931]

It's really telling how manipulated the crypto market is when the act of wallstreet listing BCH makes it spike in price. Ponzinomics trumps utility because the average cryptocurrency "investor" is a moron.

[Anonymous No.55385935]

>>55384633
>Making an ASIC for RandomX = making a circuit to handle dynamic algorithms = a CPU, by nature
and that's a good thing. fuck anyone who thinks otherwise.

[Anonymous No.55386812]

>>55385931
In the end only they will suffer holding worthless shit

[Anonymous No.55386913]

>>55372544
why not convert to usdt at top and buy gift cards for goysoy amazon consumerism?

[Anonymous No.55387612]

Is it a good idea to run a node from my home conection?
How do you get around your isp changing your ip?

[Anonymous No.55387626]

>>55387612
You can use the "proxy=127.0.0.1:9050" and other Tor-related commands in your monerod.conf file.

This way, you will hide the fact that there is a monero node in your home network, under the Tor network.

To get around your ISP changing your residential IP, you can create a Tor Hidden Service for your Monero node on the same computer. That way, you won't have ti wirry about your IP changing.

Check out monerodocs.org , monero.stackexchange.com .

[Anonymous No.55387690]

>>55387626
thanks anon, i didn't know you can get around ip changes using tor services

>>55385935
>>55384633
well i'm not saying they are going to make more effective cpu's to run randomx, i'm just saying that in the future some company or even just a person could throw a tonshit of normal desktop risc-v processors into a motherboard and call it a day.
>https://www.tomshardware.com/news/432-core-occamy-cpu-for-use-in-space-tapes-out
as for today it wouldn't be profitable since risc-v processors can't compete with the latest from adm/intel but in the future they might get close and that's when it could happen

[Anonymous No.55388439]

The bumps and dumps in every crypto feel so artificial.
What is going on

[Anonymous No.55388543]

>>55388439

[Anonymous No.55388544]

Is buying monero on monero.com recommended? Or is p2p still the best way to obtain my suicidestack?

[Anonymous No.55388762]

[Anonymous No.55388771]

>>55359227
If you guys could mine about .01 xmr a day at a cost of $45 a month in electricity would you consider that a good deal? Thanks

[Anonymous No.55388800]

MoneroKon Day 1-1

https://www.youtube.com/watch?v=nDLtWyPnx7k

[Anonymous No.55388903]

>>55388771
that's (proportionally) not far off from what I'm doing.

Also consider the hardware itself is literally just a PC minus a graphics card so it can be configured to do almost anything else you want if you decide it's in fact NOT worth it in the long run.

[Anonymous No.55388947]

>>55385696
Possed garbage with backdoors confirmed by binance nah i pass

[Anonymous No.55388978]

What approach in the long run will be more effective for CryptoCurrencys

The bitcoin approach or open source approach away where bitcoin is an open ledger, you can collaborate with institutions, goverments and everyone can see the data, we are getting this stupid blackrock etf, etc basically bitcoin has the network effect

Or the free software movement/monero approach where we are simply telling wallstreet and goverments to fuck themselves and take freedom as the main goal, literally larry page said they want to take crypto but as long as the nodes remain decentralized it doesn't matter if they buy all the bitcoins and acquire the asic companys, i want to understand what will be the most sucessfull approach because lets say the institutions take bitcoin but bitcoin remains decentralized and adopts monero tech it would be a net win in my opinion right now what i am scared is the old institutions take crypto but the normies go away from decentralized cryptos back to Blackrock its better to have a slow and steady win.

[Anonymous No.55389033]

>>55388978
>i want to understand what will be the most sucessfull approach
fuck this. ask yourself this, "on which camp's side do I want to be?"

fuck bitshit and its statist collaborators. btc is literally a subverted project now. It doesn't pose a threat to the status quo at all.

[Anonymous No.55389043]

>>55388978
There should be a node subsidy fund or something. Not enough Monero nodes out there.

[Anonymous No.55389045]

>Luke Parker's MoneroKon23 talk on full membership proofs

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

Apparently all core mechanics have already been worked out and ring signatures could be ditched WITH Seraphis rather than as part of a subsequent hard fork. The effective anonymity set would go from 16 to 777 million outputs.

Best part is this approach relies on already proven Bulletproofs+ ZKP tech instead of zk-SNARKs, which means no moon math to worry about.

Trade-off would be somewhat larger TX sizes and slightly slower verification times but hey, we'd be getting virtually perfect on-chain privacy with this which would nullify Zcash's sole current advantage over XMR.

Between this and Monero's continued conquest of black markets, its never been comfier.

[Anonymous No.55389078]

>>55389045
your post just made me buy an unknown but LARGE number of moneros.

Holy shit how can any other crypto compete

[Anonymous No.55389080]

>>55389045
HOLY FUCKING SHIIIIIT
LETSSS FUCKING GOOO

BITSHIT IS GOING TO ZEROO

[Anonymous No.55389100]

>>55388978
It depends what your goals are. If you want to make more fiat, take the subverted bitshit. If you want to challenge the status quo, you have to do everything you can to keep out the subversive elements. The promise of crypto isn't profits but hard money uncontrolled by any central institution. Bitcoin's price is a midwit trap, in a world free from the corrupting force of the state and central banks, prices would mean a lot more. When you have central banks printing funny money like crazy and people close to the money printer buying up speculative assets like Bitcoin, the price means basically nothing. That's not even considering things like wash trading.

Don't worry too much about Bitcoin adopting Monero tech, it would be a good thing if they did. I don't care if I lose my bags if I can get the end goal I desire. The thing is, they never will. Bitcoin is completely co-opted and the forces in charge of it do not want a private, scalable, decentralized system. They want the exact opposite of that in order to neuter the threat. They do not see Bitcoin as a threat, that's why they're trying to take it into the fold, to control it. They see Monero as a threat, which is why when they're not ignoring it, they're demonizing it and trying to ban it.

[Anonymous No.55389143]

I had a dream monero went down -320% and was worth $62. I need someone to interoperate this dream.

[Anonymous No.55389146]

>>55389045
>777 Million outputs

[Anonymous No.55389345]

>>55389045
>Apparently all core mechanics have already been worked out and ring signatures could be ditched WITH Seraphis rather than as part of a subsequent hard fork.
The point of seraphis is having modular protocol.
So even if they still stick with ring signatures, in the future you can just swap out one part rather than the whole thing so proving auditing and testing should be much simpler.
It's just matter of time until they find something that fits monero.

[Anonymous No.55390023]

>>55388903
Good to know. I actually got a pretty good deal on some ETC miners and have been converting it all to monero. I’ve mined (in a round about way) almost 2 monero since January. The miners were roughly $1200 total. If we go back to all time high I’ll definitely make my money back and then some. Hope to have about 5 monero from the mining op before ETCs DAG size gets too big for the miners in about a year from now

[Anonymous No.55390350]

>>55388771
>>55390023
Considering xmr is the only top25 rx pow crypto, you should get a 1:1 return for grid price unless you live in North or West Europe. You could mine the low cap rx stuff and trade for xmr if you do. Its the only other on ramp. You can still zombie mine etc even after dag increase unless its no longer worth it.

[Anonymous No.55390375]

>>55359227
PLEASE STOP BUYING WTF WTF WTF WT F

[Anonymous No.55390380]

>everyone ignoring the z-cash tranny

[Anonymous No.55390433]

>>55390375
you had 9 years

[Anonymous No.55390454]

>>55390380

Imagine being a Z-tranny and knowing that Monero will likely ditch ring signatures within the next 18 months, rendering the last viable argument for Zcash irrelevant.

[Anonymous No.55390547]

>>55390454
The whole curve discussion is quite interesting.
So many decision factors goes into which curve to chose.
https://github.com/monero-project/research-lab/issues/100

[Anonymous No.55391664]

>>55389045
>>55390454
Stars are aligning. Furure is bright

[Anonymous No.55392817]

Hi frens, I have a question for those technically savvy. What's stopping hackers from infecting someone's computer with rootkits when they visit a site like LocalMonero or TradeOgre? Hacking users on these crypto exchanges seems like a surefire way to become wealthy.

[Anonymous No.55392832]

>>55392817
Rootkits and computer viruses aren't like airborne HIV, they don't simply pop into existence, unless the page has been compromised somehow or there is a MITM attack for example.

[Anonymous No.55393750]

Help fund the next episode of Captain Blackbeard Radio: https://kuno.bitejo.com/donate/u05i/

Kuno is the world's first non-custodial crowdfunding platform that uses Monero.

Listen to Captain's show: https://archive.org/details/CaptainBlackbeardRadioDarkNet

[Anonymous No.55394018]

Is it better to mine on CPU or GPU?

[Anonymous No.55394092]

>>55392817
Can you really get infected by a rootkit just by visiting a page?

[Anonymous No.55394115]

>>55394018
Energy wise, cpu.
You can mine in gpu too but its a total waste of resources

[Anonymous No.55394176]

>>55394115
I thought GPUs were always meant to be far more energy efficient than CPUs? I know that's the case for transcoding videos.

[Anonymous No.55394258]

>>55394176
>>55394018
If an asic is a hyper specialized CPU that cannot do anything else and a normal x86 CPU is a general CPU that can do anything, but slower, then a GPU is somewhere between the two.
In order for randomx to be effective it must favor the most general of 'processing chips' and that's the CPU.

Basically by targeting and cock blocking asic chips in favor of CPUs, generally speaking, GPUs were collateral damage.

[Anonymous No.55394463]

>>55367011
>It's been the case with <exceedingly kiked currency, it was the case with <even more kiked currency in its time>

[Anonymous No.55394497]

Divegrass frens, /biz/ are doing their roster poll for the upcoming Summer Cup next month. Remember to suggest making XMR-chan the team captain lel

>>>55393937

[Anonymous No.55394537]

I love seeing the price go up.

[Anonymous No.55394538]

>>55394176
a childs understanding brother.
when you encode video with a cpu (if you're doing it well) you are software encoding with x264/x265.
when you are encoding video with your "gpu" you are actually using the gpu's integrated ASIC hardware for this task.
This ASIC does one thing and that is spit out generic, reasonably passable encodes of an input stream.

Your gpu is not designed to mine monero and nor can it be.

[Anonymous No.55394552]

>>55384633
cpus are more like an interpreter than anything
>>55387690
randomx isn't just straining your cpu's instruction execution ability, but all/most parts of what makes a cpu worthwhile. if riscv really does get to the point where it makes for the best miners, that'd only be a boon for the rest of us as regular users, and we'd be able to mine more efficiently on the new advanced risc-v desktops we now own.

[Anonymous No.55394882]

why wont monero stop going up? i havent accumulated enough yet im not ready for true price discovery yet i need it suppressed longer please

[Anonymous No.55394884]

>>55390454
what does this mean can you explain like im a noob? arent ring signatures good for privacy why get rid of them?

[Anonymous No.55394891]

im ready

[Anonymous No.55394911]

>>55394882
This. I accidentally timed the market perfectly buying in at 133.5, now I'm unsure whether I should try to flip that at the cool 166 we are at now, or just wait for it to crash and accumulate more.

captcha RJSHDR

[Anonymous No.55394921]

>>55388439
a few whales pingpong orders back and forth just like the stock market to raise or lower prices at will

[Anonymous No.55394926]

>>55394911
i dont know i was about to buy when you did but my fucking coinbase took 5 days to confirm my fiat deposit and now we are here. theres no way we can have this nonstop green dildo for another week right? i dont want to buy the top im sure its gonna pull back to at least 150

[Anonymous No.55394944]

>>55394926
new here?
been buying for a long time, the only regret I have is not buying more earlier and touching anything other than monero. it's solid

[Anonymous No.55394955]

>>55394884
>arent ring signatures good for privacy why get rid of them
It's always vulnerable, since it matters how you select the decoys, what candidates are suitable etc.
Increasing the size from 11 to 16 or 64 etc is just a bandaid.
Referring the whole chain instead is huge upgrade, but there are costs (it's slow and txs are big etc) so it's a matter of finding the right balance.

[Anonymous No.55394962]

I know there is a big overlap between pmg and xmrg, redpill me on gold, I currently only have xmr and fiat.

[Anonymous No.55395112]

Good day Gents

[Anonymous No.55395214]

>>55393750
>Help fund the next episode of Captain Blackbeard Radio: https://kuno.bitejo.com/donate/u05i/
>
>Kuno is the world's first non-custodial crowdfunding platform that uses Monero.
>
>Listen to Captain's show: https://archive.org/details/CaptainBlackbeardRadioDarkNet

Based. Be sure to throw the Cap a couple of bucks, lads

[Anonymous No.55395243]

>>55394497
>Remember to suggest making XMR-chan the team captain lel

Oh hellz yeah

[Anonymous No.55395337]

>>55394884
>what does this mean can you explain like im a noob? arent ring signatures good for privacy why get rid of them?

Ring signatures were never meant to be a long-term thing, they were simply the best solution at the time Monero launched.

Getting rid of them means all the potential attacks described in Breaking Monero go bye-bye and Zcash/PirateChain can no longer claim to have superior on-chain privacy.

[Anonymous No.55395559]

>>55394092
theoretically yes, but in practice a zero day like that is usually used for higher priority targets

[Anonymous No.55395710]

This is how retarded maxipads are, they actually think Bitcoin having more TXs gives it a larger anonymity set hahahahahahaha

https://twitter.com/ToxiKat27/status/1672909178774618113

[Anonymous No.55395796]

>>55394962
Gold you're pretty better asking /pmg/ for the full redpill but qrd at least is it's always going to hold up better than fiat although the last year or so has made it unlikely to get the kind of returns the last recession did unless you started stacking gold in the mid 2010s lows. Silver is a better bet for some kind of decent return depending on how much and what you buy, but while it's around and possibly going to go lower than $22 in the short-term it's a comfy hold. I swing 5%-7% of my silver position with leverage sometimes and March-May was comfy for gains.
I don't hold any gold though I just stack silver, XMR, BTC and for the time being fiat although probably going to offload my fiat over the next few months while GBP is still strong, if you're holding fiat in USD though I'd probably a bit more on edge to offload it before any likely commercial and even retail real estate crisis starts in the short-to-mid term future.

>>55395243
It's unlikely to happen but we can always try, would be great if we can get ourgirl moved up to a silver at least, although she was a main starter in Winter Cup. I can't wait to get /xmr/ back in action again but for the time being it's uncertain when, there's usually a big open invitational before Christmas but it might not run this year due to calendar congestion. Although it could be sooner if the cup organisers decide to change PES edition or the game patch again so we get another Test Cup in the autumn.
In the meantime though it's just a few weeks until /biz/ are in action in the Summer Cup in late July. /biz/ chasing a record-equalling run of elite cup appearances if they stay elite again and take the run to nearly four years of straight elites.

[Anonymous No.55395884]

>>55394176
To add to what the other anons said, GPUs are great if the task is massively parallelizable (like rendering images/video). A CPU might have eight cores or sixteen if you’re real fancy, GPU’s have thousands and an ISA that lets you “easily” use all of them. Sure, they’re slower clock speeds but that only comes into play if you’re doing some task where most of the steps run sequentially

[Anonymous No.55396696]

[Anonymous No.55397051]

>>55367011
Using moldberg as a source kek

[Anonymous No.55397289]

>>55395112
>XMR hits 10.000$
is that a bad or a good thing for monero? I'm a newbie at this sorry guys

[Anonymous No.55397345]

>>55397289

It would turn /XMR/ General into Moonfag City.

[Anonymous No.55397352]

https://www.brighteon.com/56e71e66-980c-47ba-8d39-77bc89420778?t=85

Monero only (so far) youtube-info wars alt site.

[Anonymous No.55397566]

>>55397345
what does that mean? Don't be so cryptic anon

[Anonymous No.55397685]

>>55397566
The point of xmr is to be a currency that’s used to exchange value and things. Having a price that high would turn half the community into bitfaggots who only bought in with the hope that they can sell for more Fed Tokens and have absolutely no intention or knowledge of how to use the currency for its original purpose

[Anonymous No.55397778]

>>55397685
I wouldn't complain if XMR mooned. I'd have more money (XMR) to live off of. It's the only crypto I actually use to buy stuff. BTC and everything else I just hold so that I can cash out for more XMR one day.

[Anonymous No.55398081]

>>55397685
Its gonna be that high eventually due to the nature of deflationary currencies vs fiat. Get used to it, BTC paving the way for ridiculous valuations. People are tired of Fiat and ponzi markets.

[Anonymous No.55398103]

>>55398081
>People are tired of Fiat and ponzi markets.
People are tired of making no money.
Literally noone can afford anything.
Doesn't matter if you are doctor, lawyer, house keeper.... you are not buying house let alone apartment.
Get fucked goy, you will own nothing and you will like it.

[Anonymous No.55398113]

>>55398081
the best private store of value and payment system on the planet is currently $2 - 3b in market cap. you're extremely early.

[Anonymous No.55398298]

>>55389045
>https://www.youtube.com/watch?v=IAcdRZSsIQo [Embed]
wtf, why is the guy speaking dressed like a mentally ill tranny?
i didn't signup for this shit

[Anonymous No.55398394]

>>55398298

He's our mentally ill tranny.

[Anonymous No.55398697]

>>55389045
>>55390454
>>55395337
This is cool and all, but look at the numbers. Seraphis w/ 128-Grootle has about 2.4kb 2-in-2-out transactions, and each input takes 3-4ms to verify. Seraphis w/ THIS has about 10.4kb 2-in-2-out transactions, and each input could take anywhere from 13-100ms to verify (we don't really know yet). Granted, he does say that 2ms may be possible.

To be clear I'm not trying to discredit his work, this is awesome, especially since it's doable without risky/untested "moon math" BS like zkSNARKs. But is it REALLY worth it to cut scalability by > 5x to solve a "problem" which is largely Ztranny FUD? I don't think so. Especially since Seraphis w/ 128-Grootle would already increase the ringsize by 8x at very little cost. Get it down to at least like 4kb, and then we'll talk. I see no convincing reason to implement this as of right now.

>>55398298
>>55398394
He's not an actual tranny, it's just a maid outfit for le memes. Still weird, I agree, and the joke doesn't really land well, but at least it's only a joke.

[Anonymous No.55398929]

>>55398298
zChads are laughing at us again

[Anonymous No.55398983]

>>55398697

It wouldn't be without precedent. Remember that the initial cost of shielding amounts was higher fees. But further optimizations and the eventual introduction of BP whittled this down.

Moving to full membership proofs would also result in a temporary hit to performance but further optimizations should gradually improve things, there's like 50 different ways to skin a cat in this game.

[Anonymous No.55399191]

>>55398697
>But is it REALLY worth it to cut scalability by > 5x to solve a "problem" which is largely Ztranny FUD?
Yes.
And it isn't fud. Ring signatures are the weakest part of XMRs privacy and this literally solves it. Optimizations will come.

[Anonymous No.55399194]

>>55366881
I want to do a ring transaction with Monero-chan

[Anonymous No.55399232]

>>55398983

I think that's different. RingCT plugged a very real hole in our privacy (amounts), whereas I'm arguing that this is mostly/only a nominal privacy boost. Pre-RingCT transactions were demonstrably traceable for the most part as well, whereas today's Monero transactions are only traceable in extreme edge cases.

Plus, Monero had way less users back then, so it was more feasible. Nowadays, even at CURRENT volume, the chain size would double within just over a year with this implementation (100-150gb per year). Again, that's CURRENT volume. Let alone any growth. For reference, doing Bitcoin's volume would mean ~1-2tb per year using this implementation.

[Anonymous No.55399379]

Any news on tari mainnet? Seems like a lifetime ago since they started marketing it and I still haven't heard anything from them.

[Anonymous No.55399409]

>over 43k transactions in the last 24 hours
my bastards what news did i miss? last time this happened was almost a year ago

[Anonymous No.55399450]

>>55399379
Hopefully should be ready by 2123

[Anonymous No.55399462]

wait I was only interested in mining since I spend a lot of time on my computer just on my desktop, but it uses my CPU? I spent like 20 hours downloading the blockchain just to find out it doesn't even use my GPU? If my CPU is being used up I won't even be able to play roms smoothly..

What coins can I be mining that I can trade for Monero with a GPU?

[Anonymous No.55399561]

>>55399462
Next time to 5 mins of research.
And for GPU just use MoneroOcean, auto swaps whatever coins are mined for XMR.

[Anonymous No.55400311]

0.3? I thought it was 0.6? Can anyone give me a quick rundown, i didn't hear anything about this last time i was active

[Anonymous No.55400561]

>>55398697
>Seraphis w/ 128-Grootle has about 2.4kb 2-in-2-out transactions, and each input takes 3-4ms to verify. Seraphis w/ THIS has about 10.4kb 2-in-2-out transactions
Finally voice of reason.
Let's just wait for them to improve it, there is no rush. Thanks to seraphis they can just swap this part once it's ready.

[Anonymous No.55400720]

>>55399191
Indeed there is a legitimate concern here, but in practice 98% of the time it's just FUD, and that 2% is almost entirely solvable with churning. Especially considering 128 or 256 ringsizes with Seraphis. I could definitely see the argument for trading some efficiency, but FIVE TIMES?

>>55400311
Referring to the tail emission? 0.3 per minute, 0.6 per BLOCK. (One block is produced roughly every 2 minutes.)

>>55400561
Unfortunately it seems that we're part of a small minority. Hell, make Seraphis launch with r=256 for all I care... God just anything but kneecapping Monero with 10kb transactions. This new concept is awesome and full of potential but blindly jumping into it is not a sane idea.

Let it simmer, let it be optimized, and in the meantime we'll make very important incremental improvements like BP++ and Seraphis itself. Is that really so crazy of an idea?

[Anonymous No.55400734]

>>55359529
>USE A SEPARATE MINING-ONLY WALLET!

Why?

[Anonymous No.55400924]

>>55399232
>doing Bitcoin's volume would mean ~1-2tb per year using this implementation.
1tb increase per year is manageable. Currently, amazon.com has 8 tb ssd for 400 bucks. If Monero indeed needs to do bitcoin's volume the moment the ( seraphis + jamthis + FULL MEMBERSHIP PROOFS ) upgrade goes live, many people will be have a reach to an adequate storage medium that will carry them for YEARS.

And during those years, we can hope for & count on the monero researchers' ingenuity to bring down the transaction sizes further down.

Remember, when RingCT went live, the tx sizes were 10kB, too.
Then came Monero Research Lab's further optimization with Bulletproofs and that size shrunk to 2 kB: https://www.getmonero.org/2017/12/07/Monero-Compatible-Bulletproofs.html

Also, I didn't even mention the prospects cheaper SSD's hitting market in near future (think 16 gb ssd's) yet.

[Anonymous No.55401224]

>>55400924
how many people were caught because of faulty decoy selection?
let's just make the blockchain supersized, at least it will finally have something in common with the average american

[Anonymous No.55401338]

>>55400924
Why would you bloat up the chain for FOREVER just because of impatience?
How many people got busted due to ring 16?
None.
How many will get busted on 128?
Let's just increase the size of TX 5 times for no fucking reason.
Do you want ztranny bloat chain situation?

[Anonymous No.55401465]

>>55401224

All it takes is one dumbass darknet vendor cashing out controlled buys repeatedly on Kraken to result in a successful and widely publicized EAE attack, which would ruin Monero's hitherto perfect track record and lower the reliability of ring signatures to CoinJoin level in the eyes of the public, Team Zcash would have a field day and rightly so.

That said, I wouldn't have an problem with going to 128/256 first, that would provide more than adequate breathing room for years.

But I also wouldn't lose sleep over going straight to 777 million either since further optimizations would soften the blow.

Let the big-brained experts figure it all out, most of us aren't.

[Anonymous No.55401683]

>>55401224
>>55401338
The point of protection is protecting people BEFORE the protections fail. You may claim that 16 ring size hasn't been decoded yet, however, this doesn't justify waiting around for it to be.

Seraphis may increase the ring size to 128, but still it might be vulnerable to EAE attacks, and the probabilistic decoy selection algorithm defects.

The surefire way to protect Monero users against both EAE and decoy selection algo defects is to get rid of decoys, and just reference the whole set of enotes of the Monero blockchain.

That way, we should have a one-and-done type of protocol change, in which the protocol is dramatically altered (seraphis + jamtis + full membership proofs).

What remains afterwards would be keep working on the tx-size efficiencies. This has exactly what has transpired with ringCT upgrade, too. At first, the tx sizes have ballooned up to 13 kB, and now, after BP upgrades, they are 1.5 kB.

>Do you want ztranny bloat chain situation?
You obviously don't know what you are talking about and employing cheap rhetoric. The reason ztrash blockchain ballooned up in size wasn't due to their tx-sizes being large, but their faulty tx-fee algorithm. What has taken place in ztrash doesn't resemble what might take place in Monero that we are now talking about.

[Anonymous No.55401701]

>>55401465
How do you prevent the EAE attack? Churning?

[Anonymous No.55401745]

>>55401701
>How do you prevent the EAE attack?

Avoid KYC'd off ramps whenever possible. This nullifies the attack.

If you must deposit to KYC'd exchanges never send received coins directly to a CEX, wait a while to let output entropy grow and churn a couple of times at random, never in rapid succession.

>Churning?

Probably, there's currently an effort underway to determine how to optimize churning for maximum effect.

[Anonymous No.55402114]

what's the point of mining monero? Other than getting the rewards ofc

[Anonymous No.55402127]

>>55398298
maybe he is a former zcash developer

[Anonymous No.55402152]

>>55402114
>what's the point of mining monero?

What's the point of making a monthly donation to your favorite charity?

[Anonymous No.55403082]

>>55389045
monero bros... i don't feel so good anymore

can we really trust tranny math? i mean, math is based in reality, in true but a tranny depends solely in the denying and escape of reality and all what is true.
he made a stupid joke to try to justify the dress but lets be honest here, he likes it. no one would go that far to make a 'joke' that's not even funny.
has xmr been destroyed from within?

[Anonymous No.55403179]

>>55403082
FluffyPony was compromised by the feds, gave up names of anon devs to save his fat ass. Team cut a deal, agreeing to become ESG compliant and cut BlackRock in, in order to avoid prison. You'll soon see Monero chan adopted as official mascot, much more branding around her, to put everyone at ease. But after they will announce Monero chan was a trans woman this whole time and roll out a second mascot, Gatoshi Nakanegro, a black entrepreneur (drug dealer) who works tirelessly as Monero-chan's pimp. This will permanently crush the soul of the community more than any fud could.

[Anonymous No.55403180]

^^^
They aren't sending their best. Or maybe they are?

[Anonymous No.55403216]

>>55403082

IT'S OVER

[Anonymous No.55403221]

>>55400720
You greatly exaggerate blockchain bloat.
Monero is not going to reach Bitcoin level transactions any time soon. It's organic growth is going to be entirely underground, which is a good thing. We don't need to make something that can be used by every person on the planet because 99% of people "using" crypto only use it for speculation.
I trust the devs and read the chat logs they have. Optimizations will be introduced and the tx size and verification speeds will be very tolerable even without optimizations.
This meme of "we need to make monero scalable for millions of users right now" is fucking stupid.

[Anonymous No.55403242]

>>55403221
>This meme of "we need to make monero scalable for millions of users right now" is fucking stupid.

[Anonymous No.55403359]

wtf is Wrapped Monero ??????

[Anonymous No.55403432]

>>55403179
>Team cut a deal, agreeing to become ESG compliant and cut BlackRock in
>announce Monero chan was a trans woman this whole time
bullish for price

[Anonymous No.55403630]

>>55403221
I do actually care the coin is usable for millions of people because if not it means blockchains are a stupid concept to begin with to make decentralized money, anyways realistically how many people do they spect to use monero i think if bitcoin fails with that garbage of lightning at least monero should be able to handle 10% of the world population which is at least all money that comes rrom black markets and the other 90% in cbdcs

[Anonymous No.55403656]

>>55403179
>Gatoshi Nakanegro
kek

[Anonymous No.55403745]

>>55403179
keked

>>55403082
this guy is a notorious faggot.
he calls for freedom but he tries to silence other voices that he doesn't agree with any change he gets.
i don't feel so good either, its funny when it happens to zcash but seeing a man dress as a degenerate in the main monero event and being one of the lead developers its just sad. do they really want people to take xmr seriously?

[Anonymous No.55403766]

>>55403630
Actually blockchains are a stupid concept when it comes to scaling. That's why your whole argument isnt sound.
If we foresee a future with cbdcs then Monero will have an abundance of use cases. But being used by millions of different people every day is far fetched and we are unironically so far away from that. Crypto isn't trusted. The only reason normies buy it is for speculation. They aren't actually using crypto. And when crypto is eventually being used everywhere it will be subject to regulations and the sheep will just listen to the government and slurp the cbdcs or fall in line with overregulation. I mean we are talking decades away from a situation where crypto is actually used on a massive scale, and even then Monero doesn't actually need to be used everywhere as it can work just fine as a swiss bank and internet digit cash that can work in the shadows.

[Anonymous No.55403813]

>>55403766
Can't we just delete the blockchain and start from zero again or do we think we are reaching matrioska computers any time soon where we don't need to worry about space anytime soon

[Anonymous No.55403820]

>>55403745
Yeah he's going to troon out eventually. Wearing a dress is his way of coming out under the guise of a joke. He also says "them" instead of "him" whenever he can.

[Anonymous No.55403836]

>>55403745

Stunning and brave!

[Anonymous No.55403857]

>>55403820
what the actual fuck is wrong with programmers, how come so many of them troon out?
its just a cope for not getting any women?

[Anonymous No.55403859]

>>55403745
I hope the guy doesn't go crazy we already saw what trannysm did to the I2P community it would be better if things like monerokon and centralized events didn't happen because everyone becomes a target for the goverment and we also start hating each other anonimity trully matters so we can only discuss arguments instead of needing false equality.

[Anonymous No.55403869]

>>55403857

It's been shown that using Linux predisposes you to gender dysphoria.

[Anonymous No.55403918]

>>55400924
Yeah it's manageable, but that only earns us like 3 TPS, as opposed to around 15. Monero as of TODAY is already really shaky in terms of scalability, but I think it's at least at the point where the increased economic activity would be enough to offset the node costs to the network, and be a net gain. I'm not so sure that this would still be the case with this implementation.

I am hoping for some massive innovation to come along, but we have no reason to believe it actually will. Like I said in >>55400720 I don't think it's so crazy to ask that we take things step by step. Increasing ringsizes by 8x or 16x is nothing to balk at.

>>55403082
Not tranny math. This basically uses the same tech that we have now (Bulletproofs), just applied in a broader scope than currently.

>>55403221
>>55403242
3 TPS (1 terabyte per year with this proposal) is not a lot. Even to be barely notable as a contender for "the black market currency", that's nothing.

Getting heavy 2016 Bitshit vibes from this take. Yeah, we don't need to replace Visa. But that's not what anyone is asking for. This "scales good enough" attitude results in either a shitshow like BTC+LN, or a shitshow like BSV. Pick your poison.

[Anonymous No.55403920]

>>55403813
No you can't delete the blockchain. That's part of the novelty that you can verify every transaction on a public ledger (of course,XMR is opaque, but it is all still verifiable).
This is one of those subjects where I think things will work itself out if there is demand. As there is more interest in monero, you will have more developers, and this in turn will lead to innovation. A week ago full chain member proofs was only a hope and now it seems like it is definitely going to happen. More advanced pruning techniques and optimizations are already planned and that's just what we know now, so it's possible there may be a better way to store data in the future that will make things easier but I am but the block chain just werks and that's why we are still using it.
>>55403857
It's about getting attention and sympathy and making yourself more interesting (from their point of view).

[Anonymous No.55403939]

>>55403918
>This "scales good enough" attitude results in either a shitshow like BTC+LN, or a shitshow like BSV. Pick your poison.

Uh what? How would that happen lol. Monero can handle Bitcoins current transaction totals. And as I've said repeatedly, this meme that we need adoption for millions of people right now is completely ignoring how cryptocurrency is actually being used in the real world.

[Anonymous No.55403949]

>>55403745
>he calls for freedom but he tries to silence other voices that he doesn't agree with
it's definitely concerning that he's a core dev. you get a sense that he'd gladly work with glowies on a backdoor so they can go after le heckin white supremacists using monero. he shouldn't have any power over the project

[Anonymous No.55403969]

>>55403918
>I am hoping for some massive innovation to come along, but we have no reason to believe it actually will.

Recursive ZKPs are the future, you could theoretically validate thousands of proofs with a single proof, which results in significant data compression.

[Anonymous No.55403977]

>>55403949
You can't back door open source code.
He can however influence people on Monero platforms to censor any heckin evil right wing people.

[Anonymous No.55403980]

>>55403949
>he'd gladly work with glowies on a backdoor

lol and nobody else will notice, right?

[Anonymous No.55404057]

>>55403977
>>55403980
not saying he'd pull it off, but I hate that he'd probably do it given the chance

[Anonymous No.55404276]

>>55403857
>what the actual fuck is wrong with programmers, how come so many of them troon out?
I'm gonna say it. Programming isn't healthy.
Literally any activity where you think A LOT makes you crazy.
Boby fisher went crazy. Musical composers go crazy. Artists go crazy.
It's a price you pay for advancing the field forward.

[Anonymous No.55404536]

>>55404276
What I want to know is whether the entire Monero codebase will be rewritten in Rust or not.

[Anonymous No.55404617]

>>55404536
We could use ai to do it but then again why the fuck would we do it

[Anonymous No.55404620]

>>55403656
Yes, the original creator of Bitcoin was a Black man before being Japwashed by white racist incels. He left for Monero due to their commitment to diversity & inclusion, and also for the honeys.

[Anonymous No.55404639]

>>55403918
I think we need a safe approach i like the current timeline of 128 bullet proofs over the entire chain let development keep up with current development we don't want the worst case scenario where we end up like etherium garbage where only the jp morgans of the world can afford to run a fucking at that point what is the point of decentralized money

[Anonymous No.55404663]

>>55404620

True story.

[Anonymous No.55405458]

>>55404536
https://github.com/Cuprate/cuprate

[Anonymous No.55405534]

>>55405458
>LMDB support removed. Which means that the blockchain synced by monerod is incompatible with cuprate.
Amazing

[Anonymous No.55405938]

>>55403745
Damn, I wish these public events weren't happening. It's nice to know what's going on, but, because of them, people start getting ideas about curating the "Monero community." It's annoying for a lot of reasons. Disregarding the frustratingly common misinterpretation of the so-called paradox of tolerance, it misses the main point of a community. Monero's community events are a microcosm of Monero itself. It contains free software trannies, privacy schizos, agorist neckbeards, drug dealers, de-banked neo-nazis, and other assorted rogues. If you attempt to excise one of these groups from the community events and from interaction with the developers, your community has ceased to serve its purpose. The developers losing touch with the people that use their creation is both the exact opposite of what these live events are for, and it is also responsible for a litany of terrible decisions in business history.

I'm not saying you have to rub elbows with David Duke, but bannings and other PR management strategies do not represent the Monero community and would lead us down a dark path.

[Anonymous No.55405941]

>>55405458
>project written in the rust language names itself after copper instead
>>55405534
>incompatible with default implementation
What the fuck is the problem with rustroons?

[Anonymous No.55406178]

>>55393750
>>55395214

Hillary Clinton slowly going mad is one of the funniest and best character from anything in the last ten years. Based Captain Chads.

The Monero Foundation or a foreign government salty with the United States should toss those pirates some XMR.

[Anonymous No.55406339]

>>55405938
Lol yeah its funny the only thing in common in monero is kim might be using, a tranny might be using it, a neo-nazi might be using it in the end game theory dictates that we should leave our diferences behind but we can only do gaby if we don't see each other

[Anonymous No.55407140]

[Anonymous No.55408191]

>>55405941
Idk. That project looks dead as fuck though. rust is garbage. No real reason for such massive changes. Imagine wanting to change the below on top of the entire codebase. Kek

>LMDB Implementation
>LMDB code can be found under the >blockchain_db/lmdb/db_lmdb.h|.cpp files.

>The first and most important matter of any key-value database is its database schema, or tables. As of now, we're at the 5th version the database:

> A very cool feature of LMDB is that you can get a data not just by iterating them until finding the one you want, but you can give the prefix of the data you want to receive. If you do that LMDB returns the value that has these first bytes you give it. So an optimization to gain space, is to use a dummy key. For monerod it is 8 empty (zero) bytes placed as the only key in the table. Every data will be placed under this dummy key. When you want to get specific data, you just have to place the cursor under this key and give LMDB the prefix of the data, which, in practice, acts as the real key.

[Anonymous No.55408388]

>>55408191
>rust is garbage
Completely agreed. Without going full /g/ I’ll just give one reason, which is that each version’s compiler always uses features from the immediately previous version, so compiling fully from source means using something like mrustc and going “up the chain” like twelve versions, each of which takes half an hour to compile

[Anonymous No.55409083]

I realized quantum computers will solve the scaling solution, basically we will store all the monero blockchain supporting millions of faggots with quantum computers, i still think monero shouldn't be using more than 128 decoys i mean yeah they can make it higher but we don't want our chain to grow like ethshit

[Anonymous No.55409149]

>>55409083
>i still think monero shouldn't be using more than 128 decoys
that's retarded
ring sigs are the weakest link in Monero's tech stack. We will get rid of those. We will have full membership proofs.

> we don't want our chain to grow like ethshit
are you a bitshit refugee? Let me tell you something: Monero community puts the soundness of its privacy tech first. We are not "muh the subsaharan africans need to run a node on muh raspberry pisss!!!!" bunch. Look at the bitshit. "Muh we don't want to have 6 gorillion TB blockchain size so we will have 1 MB blocks" and what it got to them.

[Anonymous No.55409296]

>>55409149
You ok man?
Leta have a discussion like reasonable people. Isn't going above 256 ringsig just overkill? What are the chances of getting de-anonimized with 256 or even 128 rs.
I dont think we should be going full anonimity without worring for the costs of it.

[Anonymous No.55409460]

>>55409296
>Isn't going above 256 ringsig just overkill?
No it isn't. Do you even know about EAE attacks?

https://piped.video/watch?v=yq_cOVHr8Pg

[Anonymous No.55409464]

>>55409149
> We will get rid of those. We will have full membership proofs.
Yes we will. WHEN THE TIME IS RIGHT.
We do not need bloated chain and slow TXs just because few paranoid retards want to use immature tech.
This will hurt decentralization.
Let it improve. Fund some research that will shrink it to let's say 3kb and then we can talk.

[Anonymous No.55409831]

How the hell is the Monero chart doing so well? It's literally a straight climb up.

[Anonymous No.55409880]

>>55409831
Its all artificial, the whole crypto market is being manipulated.
Then they can say how crypto its too unstable to be used instead of fiat.

[Anonymous No.55409936]

I lost all my Monero in a submarine incident

[Anonymous No.55410026]

>>55409936
Did any of the people who died hold any crypto?

[Anonymous No.55410239]

>>55409880
>Its all artificial, the whole crypto market is being manipulated.
Gensler once shorted BTC on Coinbase and went ahead to sue CZ. Same goes for Charlie Munger. But you know what? Jews aren't scared of such manipulations again, infact it's always an opportunity to add more BTC, ETH, SPOOL, LBR etc to prepare for bull run... Unless the next halving fails, I'm not leaving this market.
Monero is here for security too.

[Anonymous No.55410265]

Ugh, this entire thread looks like a page of craigslist ads, disgusting. No wonder XMR hasn't moved from $150 in years

[Anonymous No.55410330]

>buy a Ledger nano s Plus

> want to put my XMR in it

> Ledger Nano S plus not detected

I looked at the solutions and I see that normally since 2022 (so 1 years ago), they have added support for the Nano s plus...
Why it does not work ? please help

[Anonymous No.55410444]

>>55410330
I use Ledger too and it works with XMR. Make sure your Ledger Live app is closed and open latest Monero GUI (0.18.2.2). Have you updated your firmware ?

[Anonymous No.55410833]

>>55410265
Right? Since Bitcoin isn't used for any real world transactions anymore due to cost and the fact that it isn't anonymous we Bitcoiners don't have to worry about that

[Anonymous No.55411021]

>>55410444

oh ! i didn't close when i used it i'll try
and how do i update de frimware ?

[Anonymous No.55411085]

>>55410330
>>buy a Ledger nano s Plus
>> want to put my XMR in it
these two things completely contradict each other

[Anonymous No.55411093]

>>55410444
welp,

i close the live app and nothing change, same error

[Anonymous No.55411103]

>>55411085
store them, xmr's, in it

What is the problem

[Anonymous No.55411119]

>>55409083
>>55409296
>>55409464
take that you concern trolling FAGGOTS

https://nitter.snopyta.org/JEhrenhofer/status/1673693603409846273

[Anonymous No.55411132]

>>55411103
>What is the problem
Not my job to spoonfeed your retarded ass.

[Anonymous No.55411149]

guys this too much pump in the past few days
I don't like it
this is not us

[Anonymous No.55411176]

>>55411103
Go ahead and search “ledger” and “firmware” in the archives. If you still feel comfortable with putting your xmr’s in it afterward you deserve everything that happens

[Anonymous No.55411215]

>>55411176

>you deserve everything that happens

????

[Anonymous No.55411229]

>>55411149
It’s unfortunate but inevitable with deflationary currency vs fiat currency. Get used to the years longs pumps and dumps to scare normiesz

[Anonymous No.55411232]

>>55411215
Ledger released a recovery feature that can export your keys to an offsite server (someone else's computer). It caused a major meltdown and shit show because up until that point they had stated that it was impossible for the keys / seed to ever leave the hardware wallet. Turns out that was a big fat lie and now people don't trust them anymore.

[Anonymous No.55411243]

>>55411119
>https://nitter.snopyta.org/JEhrenhofer/status/1673693603409846273

Starting to get tired of all this winning.

[Anonymous No.55411253]

>>55411232
oh shit !!....

[Anonymous No.55411266]

>>55411253
>>55411232

or else do it on Tails ?

[Anonymous No.55411284]

>>55411021
>>55411093
Follow the tutorial here :
https://www.youtube.com/watch?v=kAHcZvFo4_I

Anyway, your information is too vague, I need :
- Your OS version
- Have you installed Monero App on Ledger Manager ?
- The exact error message (screenshot)
- Does your Ledger work with other coin, like BTC, or ETH ?

[Anonymous No.55411333]

>>55411266
You can if you want. Personally, I think it's overkill and a pain in the ass. You could get 99% of the same security with an offline and encrypted linux install of your own preferred distro running the GUI Wallet on an old computer. You could also go with a Trezor for a hardware wallet. But it technically has the same vulnerability as Ledger via firmware update. Trezor is open source though so the chances of that happening are slim. Ledger has not pushed out the cursed firmware update "yet" but it's only a matter of time. I'm of the opinion that as of now the Ledger is safe but that's only for now.

[Anonymous No.55411361]

>>55410265
>No wonder XMR hasn't moved from $150 in years
It actually has but it always comes back like a moth to a flame

[Anonymous No.55411497]

>>55411119
Well obviously there is huge difference between 10kb and 5.5kb TXs.
You have to have a brain damage not seeing that and thinking anyone that doesn't have the same opinion as you to be a "troll".

[Anonymous No.55411723]

>>55411232
>someone else's computer
Said computers are owned by USA based companies that can, will, and probably already have, be subpoenaed by the feds. Use it as a spending wallet if you must but there’s much better options out there for that
>>55411333
checked. Personally, I don’t have a computer I can keep offline so my plan is an encrypted vm running an obscure schizo distro that has no network connection configured except for local ssh to a user that cannot view the keys but can call a daemon that signs tx’s. Glowniggers aren’t in my threat matrix yet (rather, I’m not in theirs) so I’m figuring that’s good enough for now

[Anonymous No.55411728]

Gonna get some coins to dex into Monero, whats the best choice, BCH, ETH, something else?

[Anonymous No.55411760]

>>55411723
>Said computers are owned by USA based companies that can, will, and probably already have, be subpoenaed by the feds.
Yeah, I should have clarified that the term "someone else's computer" means corpos, feds, or both.

[Anonymous No.55411989]

>>55411119
Why is being concerned a bad thing?
The whole reason we are getting this seraphis update its because we are concerned that the current tech is not good enough.
Don't mistake concern for trolling

[Anonymous No.55412098]

>>55411728
LTC has low fees, is fast, and available. avoid bitcorn

[Anonymous No.55412178]

>>55411243
Ok i suppose we could have full bulletpoofs right now because yeah our enemies are big trouble, most of crypto is lead by retards that want memecoins and gota get rich fast schemes, don't get me wrong i think a market for futures, gambling, loaning etc is necessary but the primary goal of crypto is the separation of money and the state so if monero wants to win we need full privacy and we can worry making things more efficient later

[Anonymous No.55412184]

Anons is there a thing like affiliate marketing for monero where we promote farmers or 3d printing

[Anonymous No.55412333]

>>55359529
I'm trying to get started with mining on p2pool, but I'm not sure what's the difference between Gupax and just using Monero GUI. Could someone elaborate?

[Anonymous No.55412356]

>>55412333

Gupax is easier because you don't need to download the entire blockchain. But you should if you're able to.

[Anonymous No.55412374]

NEW THREAD: >>55412371
>NEW THREAD: >>55412371
NEW THREAD: >>55412371
>NEW THREAD: >>55412371
NEW THREAD: >>55412371
>NEW THREAD: >>55412371

[Anonymous No.55412380]

>>55412356
I'm almost done with downloading the pruned blockchain

[Anonymous No.55412788]

>>55412333
I just left mining on p2pool to farm stablecoins on Spool after I realized that the former was made of fake team. Not taking chances again this season.

[Anonymous No.55413054]

https://voca.ro/1afjJWZ2qolv i left a voice message

[Anonymous No.55413083]

https://voca.ro/1hxxtGsM8Y7Q i left another voice message

[Anonymous No.55413250]

>>55413054
>>55413083
Fuck off with dead boards, we already have bit.ch and its dead as disco.

[Anonymous No.55413365]

>>55398697
>Seraphis w/ THIS has about 10.4kb
2-in-2-out would be ~5.5kb, brainlet

[Anonymous No.55413488]

>>55413365
I made that post before the creator realized he made a mistake, brainlet. Originally he said the proofs would be 2x bigger than they actually are, which was corrected earlier today.

[Anonymous No.55413592]

New slogan just dropped

"Monero - Keep getting away with it"

[Anonymous No.55413600]

>>55413592
>"Monero - Keep getting away with it"

Heh. I like this.

[Anonymous No.55414217]

>>55388544
p2p is always best, after mining