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26341102 No.26341102 [Reply] [Original]

LAST THREAD: >>26334640

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 transactions being visible only by a Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs 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 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 MoneroChad 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.26341208

>>26341102
Why is this stickied?

>> No.26341214

>>26341102
imagine if this coin didnt have infinite supply. it would be higher than btc

>> No.26341236

COPE AND SEETHE. GHOST CHAIN.

>> No.26341238

its over monerbros .....

>> No.26341710
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26341710

will i make it?

>> No.26341728

>>26341238
I don't even care about the current price. Monero has a foundation and use cases that are future proof. FUD doesn't compile in my head, sorry.

>> No.26341736

>>26341214
The tail emission is static retard

The inflation rate will decrease year after year

>> No.26341786

None of the altcoins reached ATH.
Bitcoin, however, got to double its ATH.
For this reason I only sold bitcoin, and didnt sell a.single.piece.of.monero.

>> No.26341912

>>26341208
GOTCHA!

>> No.26342030

>>26341710
Yes

>> No.26342058
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26342058

>buy XMR anon. do it.

>> No.26342127

>>26341214
it took a bet that you needed to incentivize miners with more than just fees for txns. the fee model requires the opposite of hodl strategy.

>> No.26342128

>>26342058
At these prices?

Especially if you wait a week or two, MWAH! BIG CHEAP.

MAKE BIG SUCCESS. VERY GOOD.

>> No.26342193

>>26342127
And the tail emission is a static 0.6 xmr per block (2 min).

The inflation rate will decrease with time and miners will be happy and people won't need to pay gargantuan fees and hodlers will be happy

>> No.26342328
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26342328

>>26342058
Buy 2C-B with Monero anons. Fun and easy drug, I promise! Have fun before you die. Cheers!

>> No.26342660
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26342660

>> No.26342815
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26342815

>>26341710
this faggot is gmi

>> No.26342882

>>26342328
>2C-B
Monegro I've always wanted to try it. How does it compare to candy flipping?

>> No.26342989
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26342989

Hey Monerochads, does anyone have the expected supply projection charts?

>> No.26343227

>>26342882
It's like an easy version of LSD but way, way smoother. It's a bit like LSD + MDMA. And the nice thing is, especially when you try it for the first time, that it doesn't last for very long... 3 hours in total. To be honest, when you are used to it you'll wish it lasts longer! :-) Very, very cool drug. No addiction at all. Very, very hard to bad trip on. 10/10.

>> No.26343601
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26343601

Hope everyone is enjoying the fire sale!

>> No.26343614

Is it true xmr can be tracked because of "breadcrumbing of ruptured ring signatures"
wtf does that even mean? Are they going to patch the exploit?