/biz/ - Business & Finance

>>55281653
>The probability of your house burning down is not astronomical. Device MTBF does not account for external factors

Well obviously you wouldn't keep all the drives in one location. Hand em out to trusted family and friends for safekeeping.

>ETH-XMR atomic swap beta release

Hey all! I'm happy to announce that the ETH-XMR atomic swap beta release, which has been deployed on mainnet, is live and ready to be used!

You can find the release notes and instructions here: https://github.com/AthanorLabs/atomic-swap/releases/tag/v0.2.1

A few notes on the release:

- it's currently CLI-only. a UI/GUI is the next big milestone, but for now, you will need to use the command line.

- if you're on Windows, it's recommended for you to build with Docker, as the program has been tested primarily on Linux only.

- there is a permissionless relayer system in place, so that you can make XMR offers and receive ETH without having any ETH to begin with. relayers get 0.01 ETH of the swap value in return for relaying. it's highly recommended if you have any spare ETH to run a relayer! it helps with the resilience and security of the network.

- the swap operates on a maker/taker paradigm, where XMR-holders must be market makers and publish offers and ETH-holders must be the takers of offers. thus, XMR-holders are essential for providing liquidity to the swap! if you have any spare XMR lying around, maybe try your hand at being a market maker :)

- as always, use at your own risk. although it's been thoroughly tested, there are always potential failure cases, especially if you're using remote nodes. if you encounter any issues while using the swap, you can open an issue on github or message in the Matrix chat.

This has been a long time coming and I'm really excited to finally announce this! As always, if you have any questions or suggestions, feel free to message in the Matrix chat. Huge thank you to the community for your support, and I hope you enjoy using the swap :)

https://www.reddit.com/r/Monero/comments/1382rva/ethxmr_atomic_swap_beta_release/

>>54729522
>ASICs are expensive to produce and require a significant investment in infrastructure, which means that only large mining operations are able to compete effectively.

So what happens when the State declares war on crypto and enforces an embargo on ASIC importation?

And then has the power cut to all industrial mining farms?

>>50799724

Yes, corporate BTC mining operations are just as ideologically-driven as Monero extremists and are therefore more than happy to keep mining at a loss "for the cause, man!"