/XMR/ Monero General

[Anonymous No.52999274]

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

[Anonymous No.52999287]

PREVIOUS THREAD: >>52942053

[Anonymous No.52999297]

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 shutdown/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
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.52999306]

*****/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.52999317]

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://monero.com/marketplace
https://cryptwerk.com/pay-with/xmr/
https://acceptedhere.io/catalog/currency/xmr/

>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/


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

# = recently launched, exercise caution

>AlphaBay
>Archetyp
>Asur Market
>Chimera Market #
>Cloud Market #
>Dark Matter #
>Darkmoon #
>FilthyFellas
>Mellow Market #
>Retro Market #
Onion links: https://pst.klgrth.io/paste/fs7ax


Anonymously exchange BTC for XMR using a reputable darknet service

>Kilos
>Majestic Bank
>Elude
>Infinity Project
https://pst.klgrth.io/paste/8cunb


or a reputable clearnet service

https://trocador.app/en/
https://xmrswap.me/
https://unstoppableswap.net/


>Poker Club: play no-limit Texas Hold'em in real time with 2-8 players over the safety of Tor with the privacy of Monero! No user account required.
http://pokerggxmrvzecuo6afhucjwdljuve5eoavxdxdr6zedyejd6mvz5wad.onion

>XMR Poker
http://xmrpoker3icphjr7c6dgct3by44ph4xvxrds4jzwjkjh7h2owdf6icyd.onion


>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.52999334]

>The irrational exuberance of cryptocurrency investors

Irrational exuberance is characterized as a hype-fueled mania that causes investors to massively overestimate an asset's real-world value. In this delusional state, investors tend to become so smitten with expectations of greater profits that they disregard the assets’ potentially weak fundamentals and drink the proverbial Kool-Aid.

This then leads to them recklessly and repeatedly buying into whatever asset is currently rising in the charts, thereby triggering and/or sustaining an asset bubble. This bubble is kept inflated solely by the mass delusion that the market price is justified and will only keep going up in future, effectively becoming a self-fulfilling prophecy. Note that bubbles can last for years, especially in an age of easy investor on-boarding. However, when history inevitably repeats and the bubble bursts that optimism invariably turns into panic as the asset crashes back down to its real-world value.

In finance, the "greater fool theory" suggests that one can sometimes make money through the purchase of overvalued assets—items with a purchase price drastically exceeding the intrinsic value—if those assets can later be resold at an even higher price.

In this context, one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero.

This effect is often further exacerbated by herd mentality, whereby people hear stories of others who bought in early and made big profits, causing those who did not buy to feel a fear of missing out.

https://www.youtube.com/watch?v=YQ_xWvX1n9g

[Anonymous No.52999336]

brainlet here, is there a way to swap monero for bitcoin or vice versa,
pls dont laugh ):

[Anonymous No.52999339]

>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 Bitcoin = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings Bitcoin would eventually require a $2.95 trillion price per Bitcoin 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.

And that’s assuming energy costs do not increase at all over the next 120 years, which they will.

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

[None !!ZrnK6IK8Nit No.52999391]

Reporting in
##################################
Merry Christmas!
IRC- https://pst.klgrth.io/paste/tzm4s
Aliases- https://pst.klgrth.io/paste/bjbx3
Extras- https://pst.klgrth.io/paste/daxte
Nodes- https://pst.klgrth.io/paste/ke2k8
Mining- https://pst.klgrth.io/paste/c7na4

[Anonymous No.52999548]

>>52999391
Based glownog

[None !fxjPc9dvjM No.52999552]

>>52999391
Merry Christmas wirey!

[None !fxjPc9dvjM No.52999570]

[None !fxjPc9dvjM No.52999578]

[None !fxjPc9dvjM No.52999591]

[None !fxjPc9dvjM No.52999600]

[None !fxjPc9dvjM No.52999605]

Last one for now. Merry Christmas everyone!

[Anonymous No.52999668]

>>52999552
Santa hat is cute.

[Anonymous No.52999704]

>>52999274
>>52999287
>>52999297
>>52999306
>>52999317
>>52999336
>>52999391
>>52999339
>>52999391
>>52999552
>>52999668
Monerocels missed out on the last two bull runs but still talk they're the smartest on /biz/. You guys say the same shit you did in 2016 which just boils down to
>Two more weeks!!1!1

[Anonymous No.52999728]

wh*static*-re *chhhhh* ing ri*static* ds?

[Anonymous No.52999730]

What is the worst possible scenario for Monero?

And I'm not talking about getting outlawed by governments, etc. I mean from a technological standpoint.

I want to buy a big bag because it's become clear to me that this is really the only crypto that's fungible, private, decentralised and has long term mining security (tail emission), etc. but I just have this feeling that it could all fall apart overnight (it basically feels too good to be true).

There are also many powerful people and governments that are seriously threatened by Monero and basically *need* it to die. I think that many of these institutions are yet to realise how big of a threat Monero really is to them (mainly because they're currently run by a combination of ignorant boomers and crypto illiterates). When they finally realise the threat that Monero poses to them, they will spend millions/billions trying to destroy it.

>Inb4 some idiot says that major governments want to keep Monero around to do illegal shit.

They’re the fucking government, they can already do all the shady illegal shit they want using cash and/or gold. However, the widespread adoption of Monero will threaten their very existence, as large numbers of the population will use it to avoid paying taxes. At the moment, only low earners can feasibly get paid solely in cash (so the government doesn’t really care). The same applies with taxable purchases/sales/transactions (people mostly only buy or sell something using cash in their local area and under a certain amount). Monero solves all of these problems, it’s literally global digital cash, a genuine government killer.

So, when major powers decide that Monero needs to be destroyed and they start paying serious money to highly intelligent people in order to ‘break’ Monero, will it actually be able to survive?

[Anonymous No.52999835]

>>52999704

Why are you still living in the past, anon?

[Anonymous No.52999852]

>>52999605
VVovv, you've really outdone yourself with this latest batch. How do you generate these?
Merry Christmas Eve btw, hope you get some good presents.

[Anonymous No.52999922]

>>52999730
>What is the worst possible scenario for Monero?
>And I'm not talking about getting outlawed by governments, etc. I mean from a technological standpoint.
Inflation bugs are the chronic risk, and with Monero it would likely be difficult to do a "surgical" removal to remove coins and you would have to do an ugly hardfork to roll the entire chain back. Wouldn't kill the coin but would lead to extreme drama and major price drop as speculators jump ship.

>So, when major powers decide that Monero needs to be destroyed and they start paying serious money to highly intelligent people in order to ‘break’ Monero, will it actually be able to survive?
You could argue this a hundred different ways but at the end of the day none of us actually know. I don't think you should invest in Monero if you're not genuinely willing to lose everything you put into it, and not just from a "I'm willing to take big risks for mad gains" perspective but because you believe that it's an idea worth fighting for and you would rather go down fighting than voluntarily submit to eating crickets and worshipping Satan.

[Anonymous No.53000641]

>>52999730
>What is the worst possible scenario for Monero?
The worst possible scenario, I think, is a little piece of every FUD that we've heard over the years collects together and creates just enough of a muzzle to prevent monero from fully reaching its true potential.
>infiltrate the dev team with federal agents, not enough to overthrow the current dev team but just enough to subvert and counter-signal good ideas for the protocol
>censor discussions of monero on social media in a non-obvious way (shadow-bans, mess with the search algorithms, etc)
>in the online spaces that can't be censored, have bots and AI run interference to demoralize the public about the efficacy of monero
>further demoralize by running fake news stories in the media about criminals who were caught using monero
...and so on.

They don't need to kill monero, they just need to suppress it until they have enough control/power that monero doesn't help us anymore. It's scary to imagine a black swan event so devastating that even monero gets wiped out, but it's always a possibility that should never be ruled out. Not only could it actually happen, but it may come sooner than we think.

[Anonymous No.53000793]

>>52999922
>You could argue this a hundred different ways but at the end of the day none of us actually know. I don't think you should invest in Monero if you're not genuinely willing to lose everything you put into it, and not just from a "I'm willing to take big risks for mad gains" perspective but because you believe that it's an idea worth fighting for and you would rather go down fighting than voluntarily submit to eating crickets and worshipping Satan.
Unironically great advice anon!

[Anonymous No.53001451]

so what are going to do next year?
what's the plan?

[Anonymous No.53001507]

>>53001451
Keep on living. My stack is almost done.
Probably will find a new job in April.
Try to find a new hobby or finally will hit the gym.
What about you anon? What are your plans?

[Anonymous No.53001581]

>moonfags out
>their coin is called moonero
why are you like this?

[Anonymous No.53001749]

Funny how the leading crypto coin in the dark market is shilled by anime faggots.

[Anonymous No.53001776]

>>53001749
Where do you think you are?

[Anonymous No.53002048]

>>53001507
it seems same as yours
soon I will reach the undisclosed amount of coins I want to have

[Anonymous No.53002087]

>>52999336
try trocador.app
or check out the list of swappers posted on the monero site https://www.getmonero.org/community/merchants/ (go to the bottom of the page)
there are also some listed here >>52999317

[Anonymous No.53002289]

>>53002048
>soon I will reach the undisclosed amount of coins
I think i'm done buying at the moment, just gonna keep enjoying some yields on my staked assets, uniswap offers around 58% on WBTC/SYLO LP, I'll def do that too.

[Anonymous No.53002540]

after two weeks of mining with a single thread with my ancient laptop on p2pool during my working hours I found a share
am I rich now?

[Anonymous No.53002665]

>>53002540
I just started on p2pool. Just curious, how much is a share?

[Anonymous No.53002824]

>>53002665
~0.00026 XMR, you can get multiple payouts for a single share (that amount times x) or you can have multiple shares at the same time in the window. It's a pretty good system.

[None !!ZrnK6IK8Nit No.53003209]

>Wake up Christmas Eve
>Check miner dashboard
>Total Paid has ticked over 1.0 XMR

[Anonymous No.53003316]

anyone use hardware wallets to store monero? if so, which one do you use?

[None !fxjPc9dvjM No.53003534]

>>52999852
I trained a model on monerochan based off of NovelAI. It's available here:
>https://huggingface.co/TwistedTurtle/nai_monerochan-v2/tree/main

Just add it to the model folder of your preferred SD distro (I use Automatic1111) and go nuts.

Also, we just launched https://monerochan.io where anyone can upload their Monerochan OC and receive tips in XMR. I plan to use it as a repository of all my best AI generations moving forward.

[Anonymous No.53003651]

>>52999922
>>53000641
Thanks for the replies. I will keep buying, but as you recommended, I will only put in what I can afford to lose.

[Anonymous No.53003971]

[Anonymous No.53004016]

>>53003316
What's a hardware wallet ? I have my restore key on a piece of paper does that count?

[Anonymous No.53004027]

What community Monero node do you trust?
>>53002540
Does it compensate the electricity spent?

[Anonymous No.53004224]

>>52999274
atleast give something to glowie chan, she looks sad, and its supposed to be a festive season.

>>52999336
use cake wallet? and exchange? a dex? a swap? fking goole anything? your asking like a barebones simple of the simplest things anon.

[Anonymous No.53004269]

>>53004027
Definitely not, but there is some value in the heat created desu
plus I'm not mining for monetary gain. It's legitimately just a single thread on my work laptop which has a Ryzen 3550H. Around 500-550~h/s average.

[Anonymous No.53004488]

Tapping in!
Merry Christmas Everyone!!! ^-^
https://www.youtube.com/watch?v=fD6wpP4-Clo

[Anonymous No.53004669]

My monerod is broken.
I just deleted the whole blockchain file under .bitmonero dir. When I run monerod now, it just stalls with no errors and the lmdb file isn't growing. Any ideas?

[Anonymous No.53004692]

>>53004669
Delete the whole .bitmonero and see if that works. Backup your config file first if you use one.

[Anonymous No.53004846]

>>52999391
good to see ya still here wirey.

>>52999552
>>52999570
>>52999578
>>52999591
>>52999600
>>52999605
wow i feel bad for the good draw fags out there, because the ai art is simply amazing. and aparantly effortless.

[Anonymous No.53004944]

Am I misunderstanding how to use trocador's payment mode service? I created a test transaction to receive 0.1 BTC, but when I go on the exchange's status page it says the finalized received amount will be less than 0.1 because of the included swap & network fees.

[None !!ZrnK6IK8Nit No.53005060]

>>53004846
Human drawn is still superior. AI makes mistakes that humans would revise. Also sometimes AI makes up complete nonsense that when noticed is very jarring.

also
>monerochans for ants

[Anonymous No.53005135]

>>53003534
Is the intent to post art we've personally made, or art we've commissioned, or does it matter?

[Anonymous No.53005241]

>>53004692
Yeah, that’s actually what I did. Deleted the whole .bitmonero dir but no luck

[Anonymous No.53005342]

>>53005060
humans can revise ai though so theres that.

[Anonymous No.53005411]

Anything that isn't PoW is a scam.
Anything that isn't ASIC resistant is a scam.

[Anonymous No.53005567]

>>52999336
use any dex, like sideshift.ai

[Anonymous No.53005594]

>>53004846
>effortless
Training AI models and understanding how to fine-tune prompts to get the desired results will probably become a high-value skill set. It's like photoshop and video editing; sure there are apps and programs available for anyone to do those things, but the ones who can really make shit look good had to spend tens of thousands of hours honing their craft. Right now it takes a high-end GPU whole minutes just to produce a single (high-resolution) 2D drawing, think about how far away we are from having AI render 3D video in a reasonable amount of time.

[Anonymous No.53005620]

>>52999704

You know what I'm going to do.

[Anonymous No.53006036]

>>52999704
>Monerocels missed out on the last two bull runs but still talk they're the smartest on /biz/.
moonfags deserve death

[Anonymous No.53006197]

Merry xmas everyone!

Can anyone access alpha?
I'm not at home right now, so don't have my private mirror, want to contribute with some TX's .

[Anonymous No.53006634]

>>53003316
I know you can use a Ledger. They work with the official GUI/CLI wallets.

[Anonymous No.53007187]

>>53003209

[Anonymous No.53007626]

>>53006197

their onions been down now for 3 days or so, but the i2p link and the private mirror link still work

[Anonymous No.53007646]

>>53003534
Thank you, I await further AI Monero-chan developments with great interest.
Also, Merry Christmas to all, and to all a good night.

[None !!ZrnK6IK8Nit No.53007718]

>>53004016
things like Ledger, Trezor, etcetera.

Purpose-built hardware for storing crypto.

[Anonyɱous No.53008009]

>>53003316
Yeah. I have a TrezT, and obtained a Keystone Pro on sale as Feather devs are working with them to support XMR. I do like air gaped though. Also with Seraphis / Jamtis, we may lose support for TrezT unless they would be willing to make an S/J only firmware, due to size.

[satoshi symbol No.53008184]

REMINDER TO MINE ON P2POOL MINI
>REMINDER TO MINE ON P2POOL MINI
REMINDER TO MINE ON P2POOL MINI
>REMINDER TO MINE ON P2POOL MINI

Hello Monerochads. Reminder to mine on P2Pool Mini (if you have a regular computer/laptop/CPU it's recommanded).
You will receive daily bits of XMR and will help the network decentralization.
It's easy to set up. Don't be afraid to start mining on p2pool. By following any of the first 3 tutorials you'll be able to mine within 10 minutes max (even though real Monero chads mine with a local full or pruned node so it takes longer to set up)

Just use guptax. See here: https://github.com/hinto-janaiyo/gupax

For setting up P2Pool Mini, see here: https://github.com/hinto-janaiyo/gupax#P2Pool-1 and download is here: https://github.com/hinto-janaiyo/gupax/releases/tag/v1.0.0

FOr Linux CLI see: https://github.com/hinto-janaiyo/monero-bash

[Anonymous No.53008297]

>>52999274
give me a good monerochan base image to try feeding into an AI

[Anonymous No.53008329]

>>53005411
>spend $50 to rent ten thousand amazon servers for a few minutes
>51% attack your network
>doublespend as much as I want

[Anonymous No.53008535]

>>53008329
>>spend $50 to rent ten thousand amazon
why don't you do it then, even theoretical 100s of hours of prep work gives you 100s of millions $ in return within an anonymous system to instantly launder the criminal money.

Oh it's because your claim is false.

[Anonymous No.53008799]

>>53008329

[Anonymous No.53009092]

>>53008535
>my crypto is secure because someone hasn't hacked it yet
absolutely terrible mentality to have

[None !!ZrnK6IK8Nit No.53009225]

>>53009092
Then hack it.

[Anonymous No.53009249]

>>53008329
Wow anon what revolutionary thought.
It's not like someone did these calculations before.
Anyway you should either do it or you could do the math yourself and submit it to CCS.
Since amyone else didn't think about this before, you could get payed doing this research.

[Anonymous No.53009302]

>>53009225
>>53009249
explain how every other CPU based PoW crypto has been hacked then? Why is monero special?
Probably monero has enough miners at the moment to make an attack impractical. that's very different than it being impossible or uneconomical for a rich enough actor. a nation state could do it for sure, and that's what I worry about, as states declare war on privacy coins. it also becomes more practical as the block reward decreases or the coin falls in value.
>get payed by devs for pointing out flaws in their project
delusional

[Anonymous No.53009417]

Damn it feels good to be a gangster

[Anonymous No.53009689]

>>53009302
>nation state could do it for sure, and that's what I worry about, as states declare war on privacy coins
Sure if your are a state and and willing to spend obscene amount of money you could do it.
You can literally break every single system with that amount of money.
That doesn't change a fact that asic resistant pow is the only nonscam system.
Let's look at btc. Either you are chink and have asic miners or your are fucked and effectively can't mine it.
Gpu mining had the same problem. Either you are chink scalper and have warehouse full of gpus or get fucked gweilo.
CPU mining only guarantees there isn't such discrepancy between the effectivess of mining.
It doesn't matter if you are owner of a server farm or average Joe with some gaming pc.
You are within the same order of magnitude of mining effectiveness.
It also guarantees that since economy of scale isn't really a thing, there won't be large mining farms, which is good for everyone.
There are many more arguments why this hostile take over of a network isn't happening, but I'm phone posting so I can't be bother typing anymore.

[Anonymous No.53009761]

>>53009302
>Probably monero has enough miners at the moment to make an attack impractical.
That is just exactly how PoW work, no matter if it's CPU, GPU or ASIC based. If your network has few miners, it will be cheap to attack. If it has many miners, it will be expensive.

[Anonymous No.53009915]

MONEROMARKET.IO

[Anonymous No.53010121]

>>53008329
Let's do the math, shall we?
Let's rent out a compute optimized C6i instance that will use a Ice Lake 8375C on AWS.
Current Monero hashrate: 2 672 599 929
Instance hashrate: 35737 H/s
Cheapest instance spot price (us-east-2a): $1.2915/ hour
Following some quick math.
Amount required to 51%: 74786
Cost per hour: $96 586.12
Cost for a week of attack: $16 226 468
Which is arguably cheaper than the 2 billion USD needed if you were to buy all the equipment.
Thought likely that cost is way higher as AWS and their likes tend to not permit 100% usage. Especially for cryptocurrency mining.

A dude actually tried what you did once (>>53009249), actually twice in the June and October of 2020. See the spikes in hashrate in picrel. Thought from what can I see from the graphs, the attacker only ever managed to reach ~40%. Still compared to essentially a testnet, taking on tens of millions for even a week of theoretical attack is quite impressive.

Now I'll ask you to do the math with actually buying the hardware.

[Anonymous No.53010138]

>>53009689
On this note to attack an ASIC resistant crypto you need to spend money, resources, and manpower. To attack Bitcoin, you A do nothing because it could be that the large mining firms already provided a backdoor to you. Or B send a nice warm letter to the top 50 mining farms, invoke the EUROPOL or NATO connections if needed. $0, just the digital ink. That's how weak ASIC-enabling PoW cryptocurrencies are.

[Anonymous No.53010155]

>>53010121
A friend asked me what is preventing datacentres with supercomputers from mining XMR and I drew a blank and looked dumb. Where can I read about this. I understand why it can't be mined with fpgas but what is stopping someone wth American glow agency budgets from buying and renting lots of cpu power and 51% attacking monero?

[Anonymous No.53010166]

>>53010155
My question is more related to what exactly is needed to run RandomX and can you scale them into supercomputers.

[Anonymous No.53010282]

>>53010166
>is needed to run RandomX
a generic CPU
>>53010166
>can you scale them into supercomputers
basically an asic. no. unlike all other coins

[Anonymous No.53010306]

>>53010155
>supercomputers

Most supercomputers these days run on GPUs rather than CPUs. RandomX is optimized for CPUs.

>GPUs Power Five of World’s Top Seven Supercomputers
https://www.hpcwire.com/2018/06/25/gpus-power-five-of-worlds-top-seven-supercomputers/

[Anonymous No.53010310]

>>53010282
Let me rephrase my question. Is there any possible alternative to buying a warehouse full of generic CPUs?
So as long as we are constrained by semi conductor size there is no real way to make more efficient miners?

[Anonymous No.53010343]

>>53010310
>Is there any possible alternative to buying a warehouse full of generic CPUs?
There is one, if you think outside the box: its called BOT net mining. But its self limiting, only so many incompetent servers you can infect.

Also you can't buy a warehouse full of generic CPUs, you would be mining at huge loss, because you need to buy mobos, rams, ps and other supplies to make the cpu work. that's the idea. it only worth while to mine with preexisting equipment (personal PC). making in turn the barriers to entry 0$ for honest miners, while making it mega expensive for dishonest miners. random x is an ingenious idea to prevent the effect of farms forming, thus making it egalitarian and decentralized.

[Anonymous No.53010345]

>>53010310
>Is there any possible alternative to buying a warehouse full of generic CPUs?
Not that anyone is aware of.
If there is/was randomX would get updated again.

[Anonymous No.53010350]

>>53010310
>buying a warehouse full of generic CPUs

The thing about Ryzens and such is that there is significantly greater demand for them OUTSIDE of the mining scene, so its not like you can just roll up and buy 50K units like you can with ASICs, you'd trigger a bidding war and drive the price to fucking Mars.

>Marathon Patent Group Purchases 70,000 S-19 ASIC Miners from Bitmain for $170 Million
https://www.globenewswire.com/news-release/2020/12/28/2150886/0/en/Marathon-Patent-Group-Purchases-70-000-S-19-ASIC-Miners-from-Bitmain-for-170-Million.html

[Anonymous No.53010362]

>>53010155
>>53010166
I had a longer reply, but in the heat of typing did a Ctrl-W. So here is one a bit more condensed down.

Supercomputers cannot run randomX as they are extremely specialized towards one task, and might not even have the hardware to preform some of the operations needed. Case and point, the top are literally running on GPUs.
For data centers, a similar thing occurs. Take a look at AWS's instances and plans, and you can see that they are custom tailed towards a specific need, like loading handling, rendering, simulations, fast/slow data storage, databases, etc. So a generic algorithm like randomX, that uses various aspects of a customer grade CPU, will run sub-optimal on all of them.
Additionally, data centers are used for everything, so asking them to turn it off, while possible is extremely costly. You would be asking them to turn of essential infrastructure for the backbones of the internet, that comes with a huge price tag. And you can count in the fact that data centers don't utilize 100% CPU, cooling and electricity issues. And overall it does not make sense to use them on a large scale.
>>53010310
I'm too bored to do the napkin math again, but iirc it would cost $400 million just in the cost of CPUs to get the power required for te 51%. Add 4GB DDR4 RAM to each, plus a PSU, plus a motherboard, plus all that is required to cool such a behemoth. And you can easily go over 1 billion USD to attack a small drug dealer's currency still in its early days.
And yes you can try to make a custom CPU just for randomX, but it'll essentially be the same as modern AMD CPU, with some overhead. There was a github issue with discussion to design a "randomX ASIC" when the algorithm was still in its design phase, I'll link it when I find it.

[Anonymous No.53010413]

Every other thread on /biz/ will start screeching at you and accuse you of being paid to spread negativity if you ask any question besides "what exchange can I buy this on" any day of the year and Monero holders will whip out their phones during Christmas dinner and give detailed but not overly technical responses anyone can understand to clear up any doubts people have.
Monero is inevitable.

[Anonymous No.53010434]

>>53010413
this. Happy Yule

[Anonymous No.53011037]

If you think about it, LN + coinjoin is really akin to the VPN of the crypto world. Endlessly astroturfed and shilled to the gullible and completely ineffective.

[Anonymous No.53011050]

>>53011037

Fortunately, the cool kids already know its bullshit.

[Anonymous No.53011687]

>>52999730
Monero is too valuable for CIA dark operations, they have a vested interest in keeping it in useful

[Anonymous No.53011934]

>>53011050
Paris is so fucking based.

[Anonymous No.53012051]

can I store my seed phrase in my head?
It's just 25 words, I can probably remember

[Anonymous No.53012099]

>>53012051
Go for it anon, I believe in you.
To everyone else, merry christmas.

[None !fxjPc9dvjM No.53012239]

>>53005135
>monerochan.io
>Is the intent to post art we've personally made, or art we've commissioned, or does it matter?
The intent is for people to post anything that they've illustrated, photographed, commissioned, or generated. If it wouldn't exist without you, it's fair game.

[None !!ZrnK6IK8Nit No.53012440]

>>53012051
not advisable. Pen and paper doesn't forget.

[Anonymous No.53012488]

Wouldn't it be better if the mnemonic seed is just random characters separated with spaces instead of random words? I mean, the goal of the seed phrase is that its easier to memorize but lets get serious, who memorize their seed instead of writing it down somewhere? There is no point to keep using phrases instead of random characters besides the obvious simplicity at the moment of writing it down.

[Anonymous No.53012510]

>>53012488
Memorizing 25 words is easy if you do it over the course of a week. If my house burns down I can still access my wallet.

[Anonymous No.53012777]

Merry Christmas!

[Anonymous No.53012872]

>>53012488
1. Security. There are something like 1600 english words that can be used for the mnemonic phrase, the number of characters that we're limited to on a standard english keyboard does not even come close to that. (Though to be fair, using 25 random characters on an english keyboard is still mathematically secure as fuck). I'm not an expert on the tech behind seed phrases, but I would guess it ties in with monero's enormous address space (10^76).

2. Words are easier to decipher when written poorly, faded, or damaged.

3. Some big brain niggas actually do memorize their seed phrases. Depending on your threat model, that might be more secure because a physically written down seed phrase can always be destroyed or stolen. You could have a hybrid system too, where you write down the first 20 words and then memorize the final 5 (though that may be the worst of both worlds, because now there's two points of failure).

[Anonymous No.53013733]

>>53012488
It's simply that words are much easier to memorize compared to a string of the same entropy. They are called passphrases and I actually recommend you use them on stuff like email, and use a password manager for the rest.

[Anonymous No.53014292]

>>53010362
>And you can easily go over 1 billion USD to attack a small drug dealer's currency still in its early days.
There's nothing stopping a hard fork from occurring if it did get 51% attacked anyway.
Both eth and king shitcoin have rolled their chains back before

[Anonymous No.53014732]

>>53012510
sure you can but if you die then your coins die with you, are you not leaving them to your family? are you gonna make your trusted ones to memorize the seed too?

>>53012872
1. a 1600 words dictionary that generates a seed like this:
>"hello cat bus house keyboard wallet sky"
vs random selected characters of the same length (case sensitive):
>"jU7& J/a ).8 Hu%65 Hjy4&3a &/Ykd1 kJ)
the last one beats the shit out of the first one in term of security, but both are secure af, supposing that the seed is 25 words long.

2. true. imo if anyone is so careless to not even write the seed correctly he will get screwed along the way anyway.

3.memorizing the seed is a terrible idea, forgetting a word is a big possibility. as discussed in other threads, your brain wont always be as sharp as today. some ppl get amnesia out of the blue.
also if you want to have more that one wallet i wish you luck memorizing all of your seed.
and lastly as i replied to the previous anon, in the case of sudden death your wallet will be lost forever.

>>53013733
i do use phrases in my keepassXC and in my most important logins. but the phrases lost all value when you don't need to memorize them. in this case (mnemonic seed) i won't try to remember it and i think its a terrible idea to do so.

[Anonymous No.53014889]

I WANT TO LICK MONEROCHANS TUMMY

[Anonymous No.53014922]

1 point of failure for a wallet is bad

my thought is, you store your seed in some fashion at your house, like in a secret compartment of some kind, then at a second property in a similar fashion, and then finally buried on a third property like a hunting property, in a stainless steel container

basically a large number of things could go wrong, civil unrest etc, houses get burned down, property seized by communists or gangs, total financial collapse, but it is less likely that your spot in the woods will be dug up, or that all of these things will happen at the same time, to all of your properties, even if all of those things happened you could still keep your wallet with an easy to remember password on tails or something

thoughts on irl opsec in general

[Anonymous No.53014967]

>>53014889

[Anonymous No.53015075]

>>53014922
the "bury half of your seed in the tree down the road then go to the next city and hide the other half in your moms ass" option its not practical at all.
i was thinking of storing seed phrases in banks, you know you can rent small boxes in banks and you can store physical objects in there. you can use a small locked box to put your seed inside and then store that in the bank box. that way your family could get access to your belongings in case something happens to you.

[Anonymous No.53015138]

>>53015075
>trusting banks

really nigger

I didn't say in some random place, I said on property that you own

[Anonymous No.53015219]

also split up your stack into 3 wallets

even if glowies seize 1/3 of it that isn't the end of the world

[Anonymous No.53015263]

>>53015219
Super unnecessary and even to schizo for/xmr/. If your follow proper opsec and computer security even the 5 eyes cant get your monero . Not that they care.

I do follow the 3 wallets rule while traveling with fiat though so I can't be ruined by pickpockets

[Anonymous No.53015304]

>>53015263
they can seize your hard drive and computer a lot easier than they can find a hole dug on 10 acres

[Anonymous No.53015364]

>no monero mention by ai

Bit disappointed, iirc the information stance on this thing is a bit behind so that probably why it didn't mention

I'll laugh at fact that it's easy to fool these AIs (for now)

[Anonymous No.53015376]

>>53015304
Both are trivial if it's your own property in your name. Also I doubt you matter to any 3 letter agency cares about (you) or anyone here except maybe the pedos

[Anonymous No.53015446]

>>53015376
they want to exterminate all white people

it is less likely you'll be tortured, also password crackers for your password storage, also even if you memorized your seed phrase it would still end in the same outcome for your little hypothetical torture scenario

if it is a raving band of criminals, then you can shoot them, the government probably won't expend the resources to torture someone just for an encrypted computer that they have no evidence or suspicion of

[Anonymous No.53015455]

>>53015446
also even if it was a criminal band, they would just kill you anyways, in any case it validates the 3 wallet theory

because they'd only be getting 1 wallet out of this little scheme

[Anonymous No.53015508]

>>53015446
>They want to exterminate all white people
I stopped reading there cuz. You shouldn't base your world view on things you read on a Laotian curling forum. Take a break from the culture war you'll realize it doesn't matter that much outside social media

[Anonymous No.53015528]

>>53010121
thank you Anon. I was being hyperbolic with the $50 estimate. though I said only a few minutes, not a week. Also I used a different estimate for hourly cost. Servers can be rented less than a dollar or two a day, even for dedicated CPUs, pic related. also some services offer massive discounts if you do it on off hours when machines are available cheaper.

The exact numbers and details don't matter to me much. it can increase or decrease by orders of magnitude as the markets change. the point is that it's theoretically profitable, just difficult to pull off. That's really bad.

The biggest issue with a real world attack would be the coin crashing in value after the attack, before the attacker can get out. And double spend attacks are difficult, real world exchanges don't let you pull your funds out instantly and might shut down during an attack. also KYC, etc.

>Now I'll ask you to do the math with actually buying the hardware.
I never argued that buying hardware was an economical attack. But if you sell the hardware immediately after using it, it has similar economics to renting it. In theory you might recover all of your money and just pay for a few minutes of electricity. Obviously in practice it would be harder.

[Anonymous No.53015588]

>>53015508
stop posting cringe, they don't have the time or resources to torture an individual for his stack, they would just kill me first, or steal my property

if they steal my property, presumably they haven't arrested me yet, if I am arrested, then ok, I can't do shit anyways

if my property is only stolen, then it is possible I can recover my hidden seed, or it will be abandoned, or maybe they haven't stolen my computer

either way my strategy is correct

[Anonymous No.53015629]

trips and its set in stone

[Anonymous No.53015644]

>>53015629
how many attempts at trips do you get

[Anonymous No.53015652]

>>53015629
checkem

[Anonymous No.53015666]

>>53015588
>My strategy is correct
Very true but my point isn't that you aren't secure but that it's pointless since Tom Clancy doesn't write real life.

T. Glowie shill who's just trying to make you lower your guard to get you into white ppl concentration camp (pic rel)

[Anonymous No.53015685]

>>53015666
tom clancy based his stories off of talking to glowniggers

[Anonymous No.53015907]

>>53015629
>>53015644
>>53015652
moonfags out

[Anonymous No.53016019]

>>53015907
>no monero has to go down

[Anonymous No.53017150]

[Anonymous No.53017214]

>>53015666
What if cracker barrel took xmr?

[Anonymous No.53018117]

>>53015666
Can’t argue against Satan.

[Anonymous No.53018884]

>>53012777
Kawai

[Anonymous No.53019015]

>>53014732
>the last one beats the shit out of the first one in term of security
afaik there is a set a set limit of bits of randomness needed to generate a sufficiently large Monero key that can map onto all the available keys. So even thought you could go with ""jU7& J/a ).8 Hu%65 Hjy4&3a &/Ykd1 kJ)" that is unnecessarily large and just creates room for errors.
A word based seed can have the same amount of security as a shorter password of random characters, but at the same time words are easier to write down or memorize. Plus a checksum word can be slapped on top, that can be done with a password as well, but the chances of accidentally guessing the right checksum grow from 1 in 1626 to 1 in 255.

[Anonymous No.53019055]

Monero bros, go on without me ...

[Anonymous No.53019296]

>>53019055
>117h/s
The fuck? Isn't this worse than that guy running xmrig in his car?

[Anonymous No.53019400]

>>53009302
They can't win that war, privacy isn't going away as long as there is crypto

[Anonymous No.53020270]

[Anonymous No.53020573]

I am looking at some of the chains that have enourmous blockchain sizes. What actual advantage comes from every node storing the whole history of the blockchain? Why can't we just delete it every few years? I know this is a stupid question I just don't know how to answer it.

[Anonymous No.53020599]

>>53019055
I get ~290 on basically the same CPU on my MacBook I use as a heater. Something is wrong with your config or you have a thermal problem.

[Anonymous No.53020610]

>>53019055
>>53020599
Picrel . My kernel doesn't even support huge pages either

[sage No.53020611]

>>53019055
godspeed

[Anonymous No.53020625]

>>53020610

[Anonymous No.53020634]

>>53020573
>I am looking at some of the chains that have enourmous blockchain sizes. What actual advantage comes from every node storing the whole history of the blockchain? Why can't we just delete it every few years? I know this is a stupid question I just don't know how to answer it.

Because you wouldn't have a record of who had valid TXOs that were capable of being spent. i.e. if nodes tried accepting a transaction for inclusion in a block they wouldn't know if the person actually had that money in their wallet or not. Transactions without validating it against an archive of all records would allow trivial and rampant double spends, inflation, etc.

[Anonymous No.53020647]

>>53020573
> why don't we just delete bank accounts older than five years
If you delete the old transactions, they can no longer be referenced by new transactions to spend from them, destroying all old coins. With a transparent chain, you can at least tell if they are already spent, but with a private one you can't.

[Anonymous No.53020745]

>>53020634
>>53020647
Now that I read these posts I realise I already knew that. Reading about shitcoins adding 1TB to their blockchain per year confused me.

[Anonymous No.53020911]

>be me (retard)
>get used gaymen PC for cheap from fren
>hdd is dead, but have 512GB nvme on hand
>no m2 slot on board
>idea.bat
>m2 to PCIE adapter
>purchase without even checking if the mobo can recognize and boot from it through that adapter
>it cannot
LOOKS LIKE THE BEEFIER NODE IS GONNA HAVE TO WAIT, FELLERS.

[Anonymous No.53022178]

[Anonymous No.53022357]

>>52999336
tradeogre dot com saved me
non kys

[Anonymous No.53022511]

can we please update the monero website and those cringe stock animated promo videos

[Anonymous No.53022565]

>>53022511
Yeah I think it's about time those get remade in a different art style. Even if they're literally saying the same things, it looks dated.

[Anonymous No.53023576]

[Anonymous No.53024481]

[Anonymous No.53024506]

>>53002665
>>53002824
Will my Macbook fry if I mine with it?

[Anonymous No.53024543]

>>53008184
Won't my laptop burn? Can I just mine during the night? I kinda need it at work lol

[Anonymous No.53024894]

>>53024506
>>53024543
Laptops are iffy and macbooks are 100% a non-starter for monero mining.

Ryzen desktop CPUs seem to be the best bang for your buck right now

[None !hPFV6Brm5A No.53024921]

[Anonymous No.53024988]

>>53024506
I mined on a macbook pro using xmrig for a while. It works, technically, but they get loud and hot as shit. I hated that computer so I was kind hoping it would die.

[Anonymous No.53025386]

Been working on an ANSI crypto terminal and graphing library. It'll be mostly Monero-oriented, with live on-chan statistics, an encyclopedia, and the like. But I'm starting with a general-purpose terminal.

[Anonymous No.53025512]

>>53024988
Why did you want it to die?

[Anonymous No.53025550]

wen rich

[Anonymous No.53025563]

>>53025512
Because the 2018 Macbook pros are pieces of shit. It was a work computer and had all kinds of problems even just using for work.

[Anonymous No.53025656]

>>53025563
I guess you didn't pay for it

[Anonymous No.53025689]

>>53025656
No. It was a work computer. It did die eventually and I was issued a replacement. I don't mine on it though because installing linux on modern macbooks kind of a pain in the ass.

[Anonymous No.53026287]

>>53025512
Currently using a 2011macbook pro as a heater mining xmr full out and it's ,b een on all winter without problems . Apple hardware is very reliable and too quality. It only sucks since it's impossible to repair with generic parts and other apple greed.

>>53025689
Installing linux on Intel mac's is super easy

[Anonymous No.53026306]

>>53026287
On older macs, yes. But my efforts of installing any distro on a 2018 mac with it's meme touch bar and proprietary drivers was just an exercise in frustration.

[Anonymous No.53026462]

>can't open monero gui since tails update

Any idea when we will be able to open our Monero GUI wallet in Tails again? How long does that type of thing usually take to fix? Should I just try and learn how to use my wallet through the CLI?

[Anonymous No.53026537]

>>53026306
Wow just looked it up and apple went full asshole that year.

[Anonymous No.53027120]

>>53026462

Should be soon. Featherwallet plays much nicer with Tails btw.

[Anonymous No.53028246]

Bizzump

[Anonymous No.53028729]

[Anonymous No.53028835]

>>53025386
That looks nice, will you link the github here when you are finished?

[Anonymous No.53029093]

>>53004224
what are the fees like for swapping btc<->xmr on cake wallet?

[Anonymous No.53029121]

>>53003316
i use trezor model t. it's pretty good. can also store ssh/2fa/pgp keys. if the basic trezor supported monero i would go wit that but last time i checked it doesn't.

[LebAnon No.53029674]

hope all you bros are having a wonderful holiday season
>>53025386
based

[Anonymous No.53030096]

If I leave my ancient laptop mining all day, how much electricity will I waste? I don’t want to throw money in the bin because I’m poor, and concerned about climate change.

[Anonymous No.53030129]

>>53030096
>concerned about climate change.
Fag

[Anonymous No.53030232]

>>53030096
Corporate industry wastes more energy and create more pollution orders of magnitude more than the entire general population. Your shitbox mining a few cents of XMR a month is not going to make a difference.

[Anonymous No.53030357]

>>53030096
certainly dozens of times more than the monero you mine is worth, best case scenario.

[Anonymous No.53030728]

>>53030096
do it, it will be a learning experience.
Turn it into a GNU machine first to get some extra power from it

[Anonymous No.53031483]

>>53028835
Yep, been meaning to host my own git anyways. I should be able to get Renko, Kagi, and basic candle plots in, despite the resolution limitations.

[Anonymous No.53033086]

>>52999274
Thanks monerosupplies.com chad for the last moneromug, i just recieved it :)

waiting for the monero plushie to order next

[Anonymous No.53034046]

>>53030357
Really ... why people mine then.

[Anonymous No.53034074]

>>53034046
because monero is the shit

[Anonymous No.53034142]

>>53034046
To support the network and earn a small reward for their troubles.
Usually they're not using ancient laptop hardware to do it.

Also mining isn't meant to be a massive for-profit industry. Mining being very profitable is a heavily centralizing force.

[Anonymous No.53034144]

>>53034046
They have hw that is more effective at mining.
They want to support the network.
They smoke some goood copium that in the future they numbers will go up.
Also botnet.

[Anonymous No.53034355]

>>53034144
I for one cannot thank botnet miners enough for keeping things so secure.

[Anonymous No.53035612]

[Anonymous No.53035783]

>>53009761
>>53009689
You can't rent ASICs. If you attack a coin, the ASICs you own lose all their value. You can rent CPUs, and the CPUs can be used for something else when the attack is over.

[Anonymous No.53035942]

>>53035783
Definitely, you'd just have to find hundreds of thousands or millions of top of the line chips, corresponding motherboards, power supplies, memory (of a fast enough speed that you're not choking your rig with bottlenecks) and coolers at the bare minimum assuming you can netboot, already have somewhere to store and run all of these AND assuming ungodly amounts of electricity is free, also assuming you have thousands of staff to set up and maintain all of these rigs for the duration of your (potentially successful) attack.

piece of cake

[Anonymous No.53036062]

>You can't rent ASICs. If you attack a coin, the ASICs you own lose all their value. You can rent CPUs, and the CPUs can be used for something else when the attack is over.

[None !fxjPc9dvjM No.53036097]

>>53035612

[Anonymous No.53036475]

>>53035942
yep and it costs $0.045 per hour. see pic related of >>53015528

>>53036062
(You)

[None !fxjPc9dvjM No.53036896]

[Anonymous No.53036907]

>>53036475
Then do it.

This is like my 6th or 7th time telling you to carry out this exact same attack you claim is possible.

Do it, pussy.

[Anonymous No.53037150]

>>53010121
How the fuck is anyone supposed to simultaneously rent 75k servers? Much less in a short enough window for this enough to be economical.

[Anonymous No.53037223]

>Raspberry pi hires glowie
>openly mocks customer base when they are outraged
reeeeeeeeeeeeeeeeeeeeeeee

[Anonymous No.53037286]

>>53036907
that's like saying a safe is uncrackable because no one has robbed it yet

>>53037150
you can easily rent many servers at the same time for a few minutes. 75k might be pushing the limits of what current providers have to offer, of course.

[Anonymous No.53037328]

>>53001776
a clear net site with anime faggots

[Anonymous No.53037351]

>>53007626
it seems that Tor traffic is being forced over to i2p - I have no idea if that is a good thing. My glow detectors are screaming

[Anonymous No.53037354]

>>53037286
My goodness, you posted a picture of a cloud service provider's dashboard, I've been utterly btfo. By the time you got through 10% of your list, you'd be banned for spamming requests, blocked by your payment processors, and out thousands of dollars.

[Anonymous No.53037447]

>>53037286
Plus, a lot of cloud providers detect Monero miners and shut you down. I used to mine on Azure trial servers and they started to get wise fast. Amazon detects that shit almost immediately now.

[Anonymous No.53037486]

>>53037447
could probably compile the miner and all dependencies in a custom static binary. I do this all the time at work so that we don't have to distribute dependencies. The binary is larger but that isn't really a concern.

[Anonymous No.53037497]

>>53037354
sorry it's hard to figure out what level of retard you are from such a short post with no argument.

Obviously a real attack would be hard and would involve creating many accounts on different services, and building up a little bit of credibility on them before executing the attack.

maybe you are right and monero is secure due to the current anti spam systems on current cloud providers. that's a terrible thing to base the security of your cryptocurrency on.

[Anonymous No.53037535]

>>53037486
Yeah I did that, changed process names, limited cpu cycles, & such too, but they still got wise pretty fast. And that was a couple years ago.

>>53037497
That's like saying Bitcoin is inherently vulnerable because you could simultaneously attack power stations all over the world. It's theoretically possible, but really just a gay fantasy

[Anonymous No.53037578]

>>53037286
But go right ahead, waste 100k trying to buy out 1/3 of AWS's capacity

[Anonymous No.53037604]

>>53037535
well there goes that theory - there has to be something identifiable that they are keying-in on for identification. I am not familiar enough with Linux process execution to even begin to speculate. I would bet the answer lies some where in process identification. Obfuscating those also requires identifying them in the first place... cat and mouse

[Anonymous No.53037714]

>>53037604
I suppose you have to worry about network traffic too, what addresses you're talking to.

[Anonymous No.53037735]

>>53037714
I would imagine a proxy and/or simply using port 80 (there are pools that use port 80 for this very reason) would be sufficient to mask traffic. There are more options beyond those that would also be sufficient

[Anonymous No.53037738]

Still selling cock.li invites for ya niggaz
riseup invites too
https://moneromarket.io/listing/ad370e81-3232-41c2-9f0b-01dbe5cb408f

[Anonymous No.53038037]

>>53026462
>>53027120
>>90540479
>>90540683
I managed to fix it with the fix here: https://github.com/monero-project/monero-gui/issues/4087

Would only work on my original Tails USB though. I made a fresh install when the GUI wouldn't open to see if that would fix it and of course it didn't, but this fix wouldn't open the wallet either (on the new USB). Back to the old USB and it works though, weird.

[Anonymous No.53039188]

>>53038037

Just use Featherwallet, its a breeze compared to the official GUI.

[Anonymous No.53039328]

Received

[Anonymous No.53040539]

Bamp

[Anonymous No.53040680]

The problem with Monero and all other cryptocurrencies is that they're only as valuable as the goods they're traded for. Unfortunately, perhaps 98% of crypto's value rests in the fact that people want to trade U.S. dollars for it. When it becomes a crime to do so the value will plummet and perhaps return to 2012 levels. It's a speculative asset and not a medium of exchange. American speculators drive the market and hold the bags, and not one of them wants to be caught with a federal indictment.

What is Monero actually used for, beyond speculative dollar transactions by retail investors? Dark web marketplaces? And these transactions might only compose 0.1 — 0.15% of the current demand. So the current 'stellar' valuation is sitting upon a toothpick, the 'faith and credit' of the U.S. government, even worse than fiat because this can be revoked arbitrarily at any time. This isn't an asset to hold.

However there is a value. But speculative investors won't be able to profit from it, only legitimate businesses who utilize XMR/TOR to attract privacy-minded clientele and immediately convert it into USDT to secure their gains, and the clientele themselves, who benefit from such privacy. There is potential to start every type of business that exists in the real world in the XMR/TOR ecosystem instead to cater to privacy-minded clientele, and enormous benefits for customers using these services. However such legitimate transactions may possibly never provide enough demand to support even 5% of current valuation for the next two decades.

Drop the bags and start a business. The people who genuinely care about XMR (not coinbase zoomers) will have to make efforts to 'clean up' the ecosystem, co-operate with law enforcement with regards to drugs, and put on a good corporate face encouraging legitimate commerce. XMR retailers should be publicly known their clientele should be private.

[Anonymous No.53040776]

>>53040680
>The people who genuinely care about XMR (not coinbase zoomers) will have to make efforts to 'clean up' the ecosystem, co-operate with law enforcement with regards to drugs, and put on a good corporate face encouraging legitimate commerce.
Firstly you can't buy XMR on Coinbase secondly if you feel that way you should use privacy coins already working with law enforcement like Zcash because it is impossible to go from where Monero is now to a regulated system.

[Anonymous No.53040861]

>>53019400
It will sure increase defi adoption by tradfi institutions

[Anonymous No.53041084]

I fucking hate "smart" contract platforms. "smart" contract platforms do nothing but create more problems than they solve and detract from creating digital cash.

I hate them I hate them I hate them so fucking much and these fuckers are the ones creating the public image of crypto I FUCKING HATE THEM ALL

[Anonymous No.53041087]

>>53040680
>This isn't an asset to hold.

I don't "hold" it, I use it as an anonymous long-term savings account.

And there will be no institutions or mainstream crypto adoption, that realm ultimately belongs to CBDC Fedcoins.

The multi-trillion dollar global shadow economy was always where Monero was going to shine, and I'm fine with that.

>The people who genuinely care about XMR (not coinbase zoomers) will have to make efforts to 'clean up' the ecosystem, co-operate with law enforcement with regards to drugs, and put on a good corporate face encouraging legitimate commerce. XMR retailers should be publicly known their clientele should be private.

Either based undercover MoneroChad trolling for lulz or legit bootlicking Z-tard. Go back to Zooko.

[Anonymous No.53041604]

>>53041084
"Smart" anything is the biggest meme ever.
"Smart" phones, literally made people dumber.
"Smart" books make you feel dumb.
"Smart" people are constantly unhappy.
Sometimes I'm so frustrated at work purely due to how things and processes are just bad.
I wish I was smooth-brain enjoyed.
No frustration, no depression, just happiness. You clock in your 8h of copy-pasting garbage, you don't question anything and you are happy.

[Anonymous No.53041634]

>>53041604
> You clock in your 8h of copy-pasting garbage, you don't question anything and you are happy.
That's what you should do at your job. I'm not paid to think about company related stuff outside working time.

[Anonymous No.53042047]

>>53041087
>I don't "hold" it, I use it as an anonymous long-term savings account.

98% — 99.5% of the value is wrapped up in speculative demand for future U.S. dollar exchanges at a premium. Can be extinguished at a moment.

>shadow economy

Cash is preferred by everyone as the far more liquid, easy, and predictable medium of exchange. The use of Monero as a medium of exchange is not well developed and will not be in a position to support current prices for decades. Inferior compared to cash excepting eCommerce. And how much of this shadow economy takes place online? Almost none. People do under the table with those they know & trust. Not strangers online. It's all face to face barter and cash in hand. If there is any slight financial or regulatory pressure XMR will drop to record lows.

Start a legitimate business and use XMR to cater to clientele who want privacy. Immediately switch it out for your local currency. Don't hold it. This should be deliberately encouraged by everyone to build XMR resiliency.

[Anonymous No.53042559]

THE MONERO MOON (ISSUE 59) IS OUT NOW!

Grab a coffee or a beer and kick back for a read.

Like, share, subscribe, and spread the word about Monero as it grows and offers unmatched financial privacy.

https://www.themoneromoon.com/p/the-monero-moon-issue-59

[Anonymous No.53042813]

>>53040680
>>53042047
I will not worship the antichrist.

[Anonymous No.53042864]

>>53042047
>98% — 99.5% of the value is wrapped up in speculative demand for future U.S. dollar exchanges at a premium. Can be extinguished at a moment.

If its actually useful, it has value. The market will ultimately decide how much.


>Cash is preferred by everyone as the far more liquid, easy, and predictable medium of exchange. The use of Monero as a medium of exchange is not well developed and will not be in a position to support current prices for decades. Inferior compared to cash excepting eCommerce.

Cash? Nigga, the cashless agenda is in full swing, try to keep up with current events.

>During the first decades of the 21st century, cash has gone from the primary American form of payment to third place. Debit cards jogged past in 2018, and credit cards followed in the first pandemic year, 2020.

>Now, cash usage has dipped below 20 percent of transactions, only seven points above direct bank transfers and only five above “other.” Every day, we inch closer to the mythical cashless society, a transition that is great for the companies that manage the digital money system but not necessarily wonderful for the rest of us.

https://nymag.com/intelligencer/2022/06/the-war-on-cash.html


>And how much of this shadow economy takes place online? Almost none. People do under the table with those they know & trust. Not strangers online. It's all face to face barter and cash in hand.

Nigga, the proliferation and growth of darknet markets has clearly established that normies are very willing to buy contraband online from anonymous vendors and have it delivered to their front door. An "Amazon for drugs" sector simply cannot fail.

And you can buy/sell shit for XMR in person as well, scan the QR code and done.


>If there is any slight financial or regulatory pressure XMR will drop to record lows.

Regulations wouldn't magically make XMR ineffective, genius, if anything trying to ban XMR would only serve to underscore how effective it truly is.

[None !hPFV6Brm5A No.53043516]

>>53033086
>>53039328
i am so glad these girls didn't get shattered by DHL :)

>>53033086
plushies hopefully within the next month or two, picrel too

[Anonymous No.53043638]

Is ASIC resistance enough to stop P2Pool failing like it did with BTC?

[Anonymous No.53044851]

>>53042864
>If its actually useful, it has value. The market will ultimately decide how much.

The belief in free markets comes with the knowledge that they're reducible to individuals, and that individuals can be irrational and wasteful and perceive false future value. Such as the tulip craze. Otherwise corrections would not be possible. I haven't argued against Monero's current valuation, clearly it's worth that much to someone. I have however argued against holding the currency because minor changes in circumstances or regulatory scrutiny can & will cause the major source of demand (99.8% — 99.9% speculative American retail investment) to drop through the floor with the only cushion, as you said, being darknet markets.

>cashless agenda

Involves mainly U.S. dollar transactions between accounts on platforms like CashApp, Venmo and Zelle. Cryptocurrency as a whole does not touch 1% of it. Monero even less because it's not carried by mainstream retail platforms. Please prove that any substantial portion of daily Monero flow is exchange for goods or services.

>darknet markets

Silk Road had a practical monopoly and didn't broach annual throughput of $200m in 2013. And it was all in Bitcoin. Trading volume of the XMR is $79m — $100m per day now on the low end. AlphaBay, Silk Road's successor and by far the most profitable to date, was only dealing $600k per day in 2017. I find it hard to believe that these are currently providing a support to XMR's valuation when price has swung ±50% in either direction on retail news and trends. We may find a floor at 4% of current valuations which would reflect throughput of the dark net markets assuming a very generous $1.5b of annual trading volume which exceeds expert estimates just above $1b. Which means this isn't an asset to hold. XMR wouldn't be made ineffective but it'd surely be made a huge loss to people holding bags and buying at these exorbitant prices. The value is completely detached from actual use.

[Anonymous No.53045780]

>>53033086
>4channer collecting addresses to raid.
Nevermind, unlike BTC he can't tell if the buyer has $100k or $10.

[Anonymous No.53046134]

>>53044851
>I have however argued against holding the currency because minor changes in circumstances or regulatory scrutiny can & will cause the major source of demand (99.8% — 99.9% speculative American retail investment) to drop through the floor with the only cushion, as you said, being darknet markets.

No, darknet markets are not the only source of demand, ransomware piracy is also moving to a Monero-only standard and even the transatlantic cocaine trade is now jumping on the XMR bandwagon. This sets the stage for a circular economy where organized crime syndicates start doing business with each other using XMR exclusively.

And bear in mind that transnational organized crime is a multi-TRILLION dollar industry.

So yes, I'm very happy to keep holding a currency backed by bricks of uncut cocaine.


>Please prove that any substantial portion of daily Monero flow is exchange for goods or services.

Uh, ever-growing organized crime adoption?


>Silk Road had a practical monopoly and didn't broach annual throughput of $200m in 2013. And it was all in Bitcoin. Trading volume of the XMR is $79m — $100m per day now on the low end. AlphaBay, Silk Road's successor and by far the most profitable to date, was only dealing $600k per day in 2017. I find it hard to believe that these are currently providing a support to XMR's valuation when price has swung ±50% in either direction on retail news and trends. We may find a floor at 4% of current valuations which would reflect throughput of the dark net markets assuming a very generous $1.5b of annual trading volume which exceeds expert estimates just above $1b. Which means this isn't an asset to hold. XMR wouldn't be made ineffective but it'd surely be made a huge loss to people holding bags and buying at these exorbitant prices. The value is completely detached from actual use.

It's early days yet, the Monero-only standard has only been a thing in late 2020, and current adoption trends are indeed very promising.

[Anonymous No.53046440]

[Anonymous No.53047074]

>>53019400
privacy coins like Monero and ZEC will drive mainstream adoption while smart contract privacy systems will augment privacy utility through stablecoins.

[Anonymous No.53047164]

>>53004016
I guess you are referring to hot or decentralized wallets like Metamask, trustwallet, or railway wallet.

[Anonymous No.53047255]

>>53007718
Ledger seems to be the buzz lately. good to see self-custody and privacy becoming the real deal.

[Anonymous No.53047400]

>>53047074
>ZEC
>private
Pick one

[Anonymous No.53047468]

>>53047255
I WOULD BE WEARY
https://www.schneiderwallace.com/media/ledger-shopify-class-action-lawsuit-data-breach-cover-up/\

I only mentioned them because they've been around for a while and most everyone's heard of them by now.

[Anonymous No.53047609]

>>53044851
TradingView tells me that there was $1.7b volume this YEAR on Binance. Where did you pull $79m - $100m per DAY? Does that mean Monero's doing $36.5 TRILLION annual volume? That kind of volume translates to $4m daily volume, but that very well be bellow $1m due to paper monero. Now as you said DNMs' retail volume is on the lower end on the spectrum between 1-2b USD. But especially with Monero getting adoption, there is no way to tell.

Now assuming Binance and their partners(tm) operate on full reserves and do not sell paper monero that pump up the trading volumes. That still means that DNMs are a large portion of complete volume Monero is making. Adding in however much millions from CoinCards and other retail, Monero might as well be the only not mini-cap cryptocurrency where trading is not the dominant force of its volume. Adding in the fact that most centralized exchanges do sell paper monero and are running on fractional reserves. Monero IS the only not mini-cap cryptocurrecny where trading is not not the dominant force of its volume.

You made a case for Monero, not against I'm afraid. But even comparing off-chain exchange volumes and assumed on-chain transactional volumes is kind of a stretch. If all CEXes just delist Monero both the supply and the demand they provided to the equation go away. That is why exchanges delisting Monero doesn't send the price straight down, rather the news makes the investors scared -> the CEX's supply is met with a falling demand. The on and off ramps are here (https://trocador.app and LM are two examples) so the only meaningful difference for the price would be in volumes. volatility, and buy/sell walls.

Also picrel is in response to Monero being correlated with other cryptos. While I could go on about how that is wrong as well I don't want to do a multi-part post. I hope this alone wiil suffice.

[Anonymous No.53047858]

>>53012777
Ouch, my heart

[Anonymous No.53047898]

>>53042559
Love how one of the sources is a link to /XMR/. Great work, will be looking to reading the next one next year.

[Anonymous No.53049667]

[Anonymous No.53050134]

thank god the price has stayed at ~145 for an entire month.
dark web ddos attack got X of my precious xmr locked away on a site

[Anonymous No.53050381]

going monero ocean way on AMD GPU. Is it possible to limit GPU usage to 50% or something so the pc still works for other things ?

[Anonymous No.53050409]

Is cakewalet the easiest way to buy and send xmr? I’m selling a domain over the net and saw this as a method which wasn’t posted in the neocities link

[None !fxjPc9dvjM No.53050961]

>https://www.monerochan.art/
Just another comfy crabby day

[Anonymous No.53051083]

>>53047609
>Where did you pull $79m - $100m per DAY?
check coinmarketcap, sounds like you only checked xmr/btc on binance but eg xmr/usdt is much more active

[Anonymous No.53051341]

>>53050409
>Is cakewalet the easiest way to buy and send xmr? I’m selling a domain over the net and saw this as a method which wasn’t posted in the neocities link

[Anonymous No.53051637]

>>52999274
Can some of you anons help a brainlet out? I want to move some USDT from one Binance account to another Binance account without Binance being able to connect the two, what's the best way here? Convert the USDT to XMR in the first Binance account, then I'm not sure where I'm sending it, my own wallet? What is the wallet? Where is it? Is this what I download from Monero's website? Then I assume I I send from this wallet to the second Binance account and convert back to USDT? How does using this Monero wallet hide the transfer in-between or what is the correct process? I have no idea what I'm doing.

[Anonymous No.53051782]

>>53051637
Well you would have to completely segregate the IP addresses associated with each account or they're going to automatically know it's you regardless of what you do with XMR. You're also not going to want to deposit the same amount of XMR in the new account that you withdrew from the first one, otherwise they might reasonably assume it's just you.

But yeah the general idea is to withdraw to your private XMR wallet, wait a while, segregate IPs, and then deposit a differing amount on the new account. You can download the official GUI wallet from the Monero.org website.

[Anonymous No.53051960]

>>53051637
>Holding usdt
>Using binance
Lol
>>53050961
<3

[Anonymous No.53051981]

>>53051960
Just trying to learn

[Anonymous No.53051999]

>>53011687

[Anonymous No.53052164]

>>53051981
Doesn't binance have kyc? How do you plan on not linking the accounts together?
If you can get around that then download a Monero wallet and withdraw and wait a few days and then send back to the new account. (if you send back immediately there is timing analysis concerns).
If you want to truly learn though, don't hold on exchanges and tether is a timebomb lol.

[Anonymous No.53052187]

>>53050409
Easiest is relative. It's a mobile only wallet and it works.

[Anonymous No.53052389]

>>53051083
Thanks forgot about that. But still, interestingly https://www.coingecko.com/en/coins/monero#markets seems to give a better list. Included pairs on exchanges like CoinDCX which beats Kraken 14 fold in its volume. In fact there are loads of no-name CEXes. In fact so many that Kraken's XMRUSD comes in only 31st, getting beaten by stuff like XT.COM "centralized cryptocurrency exchange established in 2018 and is registered in Seychelles" that supposedly did $2m volume on its XMRETH pair.

The perpetuals tab is even worse, Bitmart Futures supposedly did $11,223,268,872.47 of volume in the last 24 hours. Sure buddy. And check out some of the values, Bibox on its XMRUSDT paid "traded" 1210.000 XMR. The just happened to nail that exact value. 4 zeros, must be a lucky day. Also if we are talking about entering paper monero into the volumes, check out how many times the number seven appears. And accountant would surely have a field day looking in there.

>Several percentage price deviation?
>Suspicious amounts everywhere?
>Low reserves and liquidity on an exchange hosted in some legal loophole and tax haven country?
Must be coincidence, real volumes.

Actually used exchanges make up a portion of the total volume that XMR is supposedly making. In fact ALL the exchanges listed in the OP that are counted into today's $69m figure make up 28.51% only. $50m of volume unaccounted for. So now I'm not only skeptical that Monero does $100m volume a day. I'm also convinced that the price floor provided by retail usage is HIGHER than the current price and CEXes are suppressing it.

[Anonymous No.53053044]

>>53051999
hilda is monerochan confirmed

[Anonymous No.53053912]

[Anonymous No.53054255]

>>52999704
Rollan
Captcha: yj j4ys

[Anonymous No.53054300]

>>52999922
Checked, based, and abortion is murder pilled

[Anonymous No.53054381]

>>53051999
Checked. Child trafficking/raping/pedovore/adrenochrome addicted Satanistists prefer 501c3 charitable donations tho.
>>53053044
Checked, but fuck you, never. My 3rd consecutive dubs will confirm.
>>53054255
>>53054300

[Anonymous No.53054720]

>>53050961
>that IRS-chan floating by outside the window
LOL

[Anonymous No.53055238]

>>53050961
Will pay the rest of ‘shopping confidently’ if you add entry ‘Shinobu Oshino dressed as Wownero-Chan’ pls respond.

[Anonymous No.53055575]

>>53011934
Does anyone have the Tor picardia? Like this but w/ the sunglasses

[Anonymous No.53055976]

>>53055575

[Anonymous No.53056482]

>>53047255
Just a shame the awareness about self-custody only started gaining grounds again after all those CEX collapse. It's even easier now, with protocols that help manage multiple wallets from a single dashboard.

[Anonymous No.53056812]

>>53052164
Old accounts don't have kyc. I use binance and have 0 kyc. I only use it to trade and then immediately withdraw because I know binance is just a ticking time bomb waiting to blow up like FTX.

[Anonymous No.53057433]

[Anonymous No.53057460]

>>53056812
Funnily enough this is part of the problem with Binance. They claim that they made all accounts KYC but didn't while telling their banking partners they did which invites legal trouble. They really should have either stayed non-kyc or done it correctly. The halfway point they chose was worse than either of those two choices. As you said they are a ticking time bomb.

[Anonymous No.53058150]

So, is Binance insolvent? Its one of few exchanges left that can exchange XMR

[Anonymous No.53060274]

how does privacy scale with usage? my hunch is that the more people use it and more tx per day the better the privacy. but is this true?

[Anonymous No.53060305]

>>53058150
Even with all of their fucky fuck shenanigans, I don't think they are necessarily insolvent as a company, but they appear to have periods of insolvency regarding specific coins.

>>53060274
Yes, the more users, the larger the anonymity set. Think of it like If you had to pick who's the criminal out of a lineup of 10 people or 100 people who all look VERY similar.

[Anonymous No.53060751]

>>53060274
You are indeed correct.
The only exception is if there are more people only using kyc, holding on exchanges, and not using self custody. This is why we really hammer down that you need to immediately withdraw whatever XMR you get from an exchange.

[Anonymous No.53061034]

>>53060751
Transaction count only goes up for monero, number of cex only down. most people in monero at least are aware

[Anonymous No.53062213]

>>53035783
source on pic?

[Anonymous No.53062276]

>>53020911
boot from USB

[Anonymous No.53062652]

[Anonymous No.53062681]

>>53062276
wouldn't trust that with an application like a node. Mining rigs all day long but I have had a broad array of hamfisted fucked up half-assed nodes and they all work but they all suck. Doing this one with sata SSD's, at some point in the next few years I'll upgrade to a brand new board with a proper NVMe mass storage and an SLC boot disk, on a real live gigabit connection like a big boy.

[Anonymous No.53063163]

my node is taking quite a while to sync and it's probably gonna take at least another week
ive sent a little bit of XMR from an exchange to the wallet and i just wanna see if it's there, whats the fastest way to check?

and are there extra things i should know about running a node? or just let it run and wait

[Anonymous No.53063363]

>>53063163
just use someone elses remote node until yours syncs https://monero.fail

Also your hard drive's speed goes a long way in speeding that sync up, unless you have an especially anemic CPU.

[Anonymous No.53063618]

>>53063363
thank you friend
im surprised the official website doesnt list nodes

[Anonymous No.53063950]

>>53055976
Appreciate it friend

[Anonymous No.53064106]

What's the failure rate of clearnet anonymous XMR markets? I remember some guy was posting one based on tinyboard or something like that, but I couldn't find it. I've created an XMR board on coinchan as a trial run because I got a bunch of gift cards I wanna exchange for XMR, will build out some type of escrow function over the next few weeks and make a board-specific UI. Hopefully this doesn't land the site in hot water.

https://coinchan.xyz/xmr/

[Anonymous No.53064522]

>>53062681
you can boot a bootloader like rEFInd from USB
but run your OS from the NVME
the USB is only used to load the first bootloader, which then chainloads your OS
or if you use linux just use the USB drive as your EFI "partition"

[Anonymous No.53064565]

I'm quite confident that 2023 will be huge for privacy coins.
I already have an unkwnon amount of Monero and I'm accumulating positions on micro caps privacy coins that could 100x during the next bullrun. My bet is Scala (XLA), what microcap privacy coin are you accumulating for the next privacy season?

[Anonymous No.53064766]

The SEC won the case. You didn't really think that you would be able to beat *them* did you... kek.

[Anonymous No.53065785]

Need to apologize for slandering Kucoin's good name. It appears my $10 showed up when I upgraded my wallet and they did in fact not steal my $10 160 days ago by sending to a different address and refusing to provide payment proofs.
Friendship regain with Kucoin.

[Anonymous No.53065793]

I'm jewish by the way.

[Anonymous No.53065833]

>>53010362
>There was a github issue with discussion to design a "randomX ASIC" when the algorithm was still in its design phase, I'll link it when I find it.
Sorry for the wait, these are the ones that I was able to find.
>https://github.com/tevador/RandomX/issues/11
>https://github.com/tevador/RandomX/issues/31
>https://github.com/monero-project/meta/issues/316
Sadly there seems to be a schitzo that derailed them, "shelby3". The discussion is interesting nonetheless, several ASIC designers and manufacturers chimed in, ultimately there were changes made, notably replacing SquareHash with SuperscalarHash, and the inclusion of more branching execution. Thought modern CPUs are more and more complex, so ultimately randomX doesn't use all of them leaving the room for some improvements. Bellow 2 times the efficiency for sure, so probably it's not even worth designing a randomX miner chip.

I would appriciate if someone else could look into the current status of the supposed "one chip randomX miner".

[Anonymous No.53065961]

>>53051341
easy but kyc. you cant buy monero directly on cake , so you have to buy btc and then convert it to xmr.

[Anonymous No.53066034]

>>53064106
not sure the failure rate but monermarket.io has been gaining some traction lately. theres an N64 bundle on there I kinda want

[Anonymous No.53066130]

>>53066034
>https://moneromarket.io
had a typo

[Anonymous No.53066906]

so it will cost me $30 per month to mine this? Why would I do that, and why does anyone do this?

[Anonymous No.53067433]

>>53066906
I convinced a computer network to cough up the equivalent of a redditors future in ~6.5 months. Once I get more rigs online I'll shave even more time off of accumulating the next redditors future.

The machines that did it just need graphics cards and then they're each formidable gaming rigs. (or can be sold, or turned into servers making me money some other way)

[Anonymous No.53067445]

You missed out on the last two bull runs. Midwit crabcoin

[Anonymous No.53067479]

>>53067445
Every thread. sometimes multiple times per thread.

[Anonymous No.53068021]

>>53065961
>easy but kyc. you cant buy monero directly on cake , so you have to buy btc and then convert it to xmr.
I thought cake was non-kyc

[Anonymous No.53068206]

>>53068021
all you need is a debit card (I'm pretty sure, I don't use that route personally)

If you could feed cash into your cell phone I'm sure they'd accept that but the tech just isn't there yet.

[Anonymous No.53068616]

Is monero closer to the satoshi whitepaper of btc beyond just the one CPU = one vote thing? I've started looking into blockstream and lightning network and seeing the tip of the rabbit hole here...

[Anonymous No.53068844]

>>53065793
Wanna make out?

[Anonymous No.53068882]

>>53068616
>Bitcoin: A Peer-to-Peer Electronic Cash System
BTC/BCH are not peer-to-peer, they're peer-to-miner. And they're also not cash because they're not fungible and don't protect privacy from outside snooping like cash does.

Satoshi never mentions topical things like
>it has to have a fixed 21 million supply
or
>it has to use SHA-256 as it's hashing algorithm
anywhere in the whitepaper but people think those are sacred conditions for some reason.

Monero actually fulfills the vision outlined and is the only coin to seriously attempt to do so.

[Anonymous No.53068885]

>>53068616
Arguably one asic 18,000 votes doesn't contradict the one CPU one vote thing. Satoshi wanted a P2P currency not necessarily a decentralised one. But remember that he doesn't have the hindsight we have.

[Anonymous No.53070073]

[Anonymous No.53070181]

Finally got good enough hardware, and I just got my first P2Pool reward mining Monero! I run a space heater at my desk so the electricity is basically free since it would be getting turned into heat either way.

[Anonymous No.53070240]

>>53070181
Based. Congrats anon.

[Anonymous No.53070468]

>>53068616
bitcoin decentralization is dead and has been for years.

[Anonymous No.53070703]

>>53064565
I am slurping low caps like PHA, XLA, and RAIL. I already have enough of XMR and ZCASH

[Anonymous No.53070740]

>>53070703
Some loads of privacy focused projects. That's a good bag.