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26051008 No.26051008 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, 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 (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with the proof of the transactions being possible by a Monero user willingly providing a view key for a specific transaction if needed.

Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 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 Monero Chad will be with you shortly.


OFFICIAL WEBSITE - https://web.getmonero.org


WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

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

>Mining
https://archive.is/TWOah


HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>Cold Storage
https://archive.is/DEfsP

>> No.26051489
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26051489

>> No.26051533

STOP DISCUSSING THIS COIN
I NEED TO ACCUMULATE, NIGGER

>> No.26051549

How do you 'remember' a monero adress?

>> No.26051557

Price prediction for 4thQ?

>> No.26051601
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26051601

>How is Monero’s privacy different from other coins?

Monero uses three different privacy technologies: ring signatures, ring confidential transactions (ringCT), and stealth addresses. These hide the sender, amount, and receiver in the transaction, respectively. All transactions on the network are private by mandate; there is no way to accidentally send a transparent transaction. This feature is exclusive to Monero. You do not need to trust anyone else with your privacy.

>How is Monero different from Bitcoin?

Monero is not based on Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. Monero hides this information to protect user privacy in all transactions. It also has a dynamic block size and dynamic fees, an ASIC-resistant proof of work (RandomX), and a Tail Emission, among several other changes.


>What is fungibility, and why is it important?

Fungibility is a simple property of money such that there are no differences between two amounts of the same value. If two people exchanged a 10 and two 5’s, then no one would lose out. However, let’s suppose that everyone knows the 10 was previously used in a ransomware attack. Is the other person still going to make the trade? Probably not, even if the person with the 10 has no connection with the ransomware. This is a problem, since the receiver of money needs to constantly check the money they are receiving to not end up with tainted coins. Monero is fungible, which means people do not need to go through this effort.

>> No.26051662

>>26051549
>How do you 'remember' a monero adress?

Wallets use 25-word seeds. An address wouldn't need to be remembered, you copypaste them.

>> No.26051724

>>26051549
I'm not sure what you mean, but you can print out a QR code for someone.

>> No.26051732
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26051732

>>26051557
>Price prediction for 4thQ?

$500-ish. Q4 is when atomic swaps drop, so it'll certainly be very interesting.

>> No.26051741

Zcash

>> No.26051751

>>26051662
how do you copy paste from one pc to another

>> No.26051791
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26051791

>>26051741
>Zcash

Try again.

>> No.26051822

>>26051751
>how do you copy paste from one pc to another

Text file should suffice.

>> No.26052201

>>26051008
Sup monero bros, I just bought an undisclosed amount, am I gonna make it now?

>> No.26052279

>>26051008
Good concept with that picture, horrible fucking execution. That happens a lot on this board.

>> No.26052617
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26052617

>>26052201
Yes

>> No.26052641

These XMR posts are paid Russian shills. Fluffy Pony is likely trying to offload his bags to buy Bitcoin and needs new suckers to jump into Monero. Don't be a sucker, buy 0xMR instead.

>> No.26052758

>>26051732
That seems like a super conservative estimate ?

>> No.26052831

>>26052641
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
shut up dickless little moron
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504

>> No.26052875
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26052875

>>26052617
Based

>> No.26052961
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26052961

>>26052641
>t.

>> No.26052998
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26052998

>>26051008
I used to like Monero but with recent news that feds are able to trace transactions I lost confidence. I sold my XMR stack for a scam called SAFEX that is literary an identical clone of Monero but with a huge possibility that will do 100x because its economics created by SAFEX Chief Economist Ivana Todorovic is based on a Polish MLM system that never fails.

>> No.26053136
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26053136

>>26051741
PAJEET SLOWLY GETTING BEAT INTO SUBMISSION
BE LIKE THIS PAJEET AND CHANGE TEAMS ALREADY

>> No.26053219

what is this shit boys.... did you fuck me???

https://decrypt.co/40284/us-homeland-security-can-now-track-privacy-crypto-monero?&utm_medium=referral&utm_campaign=feed&utm_source=coinbase

>> No.26053225

>>26052998
Just monitor the .onions, if you see it is no longer accepted there, sell everything

>> No.26053253
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26053253

Anyone else a Stefan Molymeme viewer? He did a important video on bitcoin in 2014. I think we could spam him to do a video on XMR and how it offers what libertarians thought Bitcoin would be.

>> No.26053331
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26053331

>>26051008
When is the pump.
I am hodling.

>> No.26053781
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26053781

>>26051008
>>26052279
Here.

>> No.26053846
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26053846

>>26053781
White background if thats your preference

>> No.26054128

>>26053219
This is an absolute FUD right, what did they even mean trace, wtf are these glowers talking of??

>> No.26054331

>>26053253
Andrew Anglin has been shilling XMR for a while now since he got shoah'd off the internet.
he even uses some of the Monerofus from this thread when begging for gibs.

>> No.26054406
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26054406

>> No.26054830

>>26054331
He should have dumped it all into xmr and went to a safer country.

>> No.26054934

you monero chads do know that 10% of all global GDP is hidden away in tax havens, right? and how bullish that is for this coin? I just learned that today

>> No.26055006

>>26053219
Kek get scammed faggot

>> No.26055101

Kill yourself faggot, never selling, read this you bitch lacking literacy, btw i just bought more you poorfag kek

“We’re not saying that we can identify individuals and we’ve never done that at CipherTrace. We don’t identify individuals, names, addresses, any of that stuff,” Jevans added. “What we do provide are tools for law enforcement, when there’s legitimate crimes, to help them do investigations and then do their work to identify the individuals.”

>> No.26055134

>>26054830
he attacked a jewess.
there's no running away from that.

>> No.26055206

I have a 3950x and 2080Super. Is it still worth mining?

>> No.26055230

>>26052998
>>26053219
>>26054128
>>26055006
Should I be like this anon, and use my dynamic ip to shill against XMR so the price lowers and I can buy more?

>> No.26055296

>>26055206
Better than nothing. Point the 3950x to a Monero pool and use nicehash for the 2080 super. Obviously buy more Monero with your bitcoin payouts from nicehash.

>> No.26055529

>>26055230
haha i wasn't shilling, but the answer is yes always buy more.

>> No.26055582

>>26055296
Might as well just use nicehash only, atleast that's what i do. Guess i lose some value to exchange tho

>> No.26056123

>>26055206
Yes, absolutely run xmrig on the 3950x

>> No.26056305

>>26051008


what's the easiest way to buy this shit in AUD?

>> No.26056415

>>26056305
Buy bitcoin, trade for monero.

>> No.26056453

>>26052201
Dude [an undisclosed amount] is more like a suicide stack. To really make it you need [an unknown amount]