/XMR/ Monero General

[Anonymous No.25997122]

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

[Anonymous No.25997832]

First for when moon?

[Anonymous No.25998766]

Bump

[Anonymous No.25998898]

>>25997122

[Anonymous No.25998905]

https://bravenewcoin.com/insights/monero-price-analysis-google-trends-up-for-the-first-time-since-early-2018

https://twitter.com/CarpeNoctom/status/1349359331637080064

guy has over 100k followers

[Anonymous No.25999025]

Saffron Finance just announced that next epoch they’re having a WXMR liquidity pool. Worth keeping an eye on, they get crazy APY on their liquidity pools. I jumped in last year and got something like 120% APY on one of their epochs

https://medium.com/saffron-finance/saffron-weekly-1-14-21-f2eade82bd76?source=collection_home---6------0-----------------------

[Anonymous No.25999064]

Testnet of ATOMIC SWAPS live on COMIT network. This isn't the same team as the one working on farcaster. This is one of the other atomic swap projects.

[Anonymous No.25999085]

https://crypto.u.today/article/monero-bitcoin-atomic-swaps-live-in-testnet-mvp-on-menu

[Anonymous No.25999240]

>>25999025
>anonymous DeFi team
Why should I trust them?

[Anonymous No.25999754]

Just getting started with privacy crypto. Monero is spensive what about Z Coin?

[Anonymous No.26000318]

>>25999754
Who gives a shit about price for buying in? You don't need to think about whole units with any crypto, 0.6 XMR is equivalent to 0.9 ZEC in value

[Anonymous No.26000578]

>>25997122
anyone know whats up with the recent 10x in average txn fee?

[Anonymous No.26001092]

redpill me on Monero's value in 5 years

[Anonymous No.26001139]

>>26001092
15-18k conservatively.

[Anonymous No.26001312]

>>26001092
I don't know about monero, but Waves will be one of the top earning cryptocurrencies in 5 years

[Anonymous No.26001661]

>>26001312
go away pajeet