/XMR/ Monero General

[Anonymous No.53181100]

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.53181106]

pedophile spambot threads

[Anonymous No.53181110]

PREVIOUS THREAD: >>53133327

[Anonymous No.53181118]

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. USE A SEPARATE MINING-ONLY WALLET!
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.53181126]

*****/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.53181128]

>>53181100
Checked double-dubbs. Blessed thread.

Bump for Seraphis/Jamtis: https://piped.video/watch?v=xGEBRQU1lzw

[Anonymous No.53181135]

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.53181136]

and wa la, just like that monero will never be below 0.0093 ever again

[Anonymous No.53181141]

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

[Anonymous No.53181144]

>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.53181148]

>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

[Anonymous No.53181186]

Discreet will make Monero futile.

[Anonymous No.53181190]

>>53181186
>Discreet will make Monero futile.

Take a number and get in line.

[Anonymous No.53181264]

[Anonymous No.53181273]

>>53181131
Easy route (I deleted the others because I was retardedly rambling about different security models and shit, just read this it's probably good enough)
Install TailsOS on a USB drive, enable persistence, download monero GUI or CLI and restart into offline mode to generate the wallet. Write down the seedphrase and you're done. From here you can choose to put coins into the wallet, never booting up Tails in online mode, or you can treat it as a "luke-warm" wallet as I like to view it (it only connects to monero nodes, over Tor of course). Verify files are signed properly at each download!!!!

There are more secure methods but realistically your threats in this model are:
>Hardware malware (USB)
>Malicious install from malware acquired from host when install medium was created
>CPU microcode and firmware (picrel kek)
>Compromised BIOS
>Anything with a lower security "level" than the TailsOS operating system
And probably a few more, but realistically it's a pretty good easy solution and 10000000x better than putting it on windows or other proprietary devices.

[Anonymous No.53181281]

>>53181264
>He added that the transactions were initially traced on the Bitcoin blockchain and were visible, adding "that's why we were able to get reasonably far." As soon as the funds moved from BTC to XMR, however, he noted "that was the point where the investigation ended."

Really goes to show what bitcoin is. A mass surveillance network.

[Anonymous No.53181340]

>>53181123
I suggest people come join the Outreach workgroup chat to discuss this further

[Anonymous No.53181521]

>>53180848
>>53180826
>>53181091
yeah because nobody could ever make a clone that does the exact same thing. avalanche will kill monero you heard it here first. some dev will make a zk ring type subnet token that makes monero obsolete

[Anonymous No.53181593]

MONEROMARKET.IO

[None !!ZrnK6IK8Nit No.53181620]

Reporting in
##################################
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
(Yes I am aware the links are broken at the moment, working on a solution.)

[None !!ZrnK6IK8Nit No.53181884]

>>53181131
There are a lot of different ways, only thing limiting you is your knowledge.

Personally I have an airgapped laptop with schizo-tier security for cold wallets and cakewallet for a hot wallet.

[Anonymous No.53182573]

>>53181521
Yes, I heard that one first from you, but it doesn't make any sense. If the basis for Monero's price is based on real-world non-speculative demand, that won't simply go away when someone makes a clone. Network effect exists, plus optional privacy fails again and again.

[Anonymous No.53183534]

Since the CLI wallet works without a desktop environment, would it be safe to use it as a hot wallet on a minimal linux install like arch or alpine? Or could it still be hacked? The machine would be used for nothing else but the CLI walllet.

[Anonymous No.53183635]

>>53183534
Realistically speaking, unless your system and the wallet itself were compromised, it'd be fine.
>Could it be hacked?
Hypothetically speaking, given it'd need to be connected to the internet, yes.
>WOULD it be hacked?
It would be astronomically unlikely unless you have god awful security practices.

[Anonymous No.53184146]

Is it a good idea to recieve xmr as donations if i'm a streamer/youtuber? Can i use the monero gui wallet or something else?

[Anonymous No.53184252]

>>53184146
It's an excellent idea. Much lower chance for you (or your viewers) to accidentally dox yourself like with paypal/streamlabs donations. The GUI wallet works.
It's also a horrible idea, because most likely nobody will actually own Monero to donate, unless you are a crypto channel or something like that.

[Anonymous No.53184277]

>>53184146
I don't know how concerned you are with OPSEC, but in general I'd consider it fine as long as you aren't doing anything suspicious and you report it on your taxes. The Feds may send you a donation as a test to see if you report it.

Accepting is easy though, you could just put a donation address in the description and call it good. If you wanted to get really fancy and display it on the stream, you'd need a script that watches the address for incoming transactions and I'm not sure that someone has made one yet

[Anonymous No.53184294]

>>53184277
>If you wanted to get really fancy and display it on the stream
I mean display the donations as they come in

[Anonymous No.53184344]

>>53181521
anyone can make a clone of monero but if they expect for user to move from monero to the clone they need to offer something else.
It would be great if more coins focused on privacy, we would move faster to a reliable and usable tech.
We are not here for the moon nor for the monero coin, never forget what this is ultimately about >>53181135
But you fags keep forgetting and because of that your little projects end up being just another shitcoin.

[Anonymous No.53184412]

>>53184252
My idea is to just put the address on the description of the videos/stream desu. Nothing fancy since i'm just playing vidya and some of my viewers come to just chill and talk to chat. Thanks anon.
>>53184277
I'll be honest, i don't expect people to donate me since i'm fairy new to streaming. I don't think the feds could be a problem since i live in a 3rd world country and were i live, taxes are always included in everything you buy. If i ever happen to have my channel monetized, that's where i have to start paying/declaring taxes but i highly doubt i'll reach that many subs though.
I was more concerned about the monero gui address but i think i'll have no problem. Thanks anon.

[Anonymous No.53184523]

>>53184146
Luke Smith has XMR donations pop-up on stream, maybe look into that he probably has it somewhere in his GitHub or links to it.
Also look into "merchant mode" inside the GUI wallet that shows all incoming transactions way faster than the base "transactions" tab might do.

[Anonymous No.53184552]

>>53184523
I'll definetly look into that, anon.

[Anonymous No.53185085]

why is AlphaBay still down? I can't get i2p to work and don't have a private link?

[Anonymous No.53185154]

>>53185085
What's your problem with i2p, anon? Also what OS?

[Anonymous No.53185175]

Coming to this thread makes me want to buy xmr.

[Anonymous No.53185193]

>>53181273
>most secure way to create a wallet:
>1.) install it on a computer with an NSA backdoor (CPU)
>2.) don't verify the binary
>3.) ???
>4.) profit

[Anonymous No.53185404]

>>53183534
Just went from mining 1 share every 4 days to 1 share a day on p2pool because the SSD I had my Blockchain on was dying . Avoid WD SSDs

[Anonymous No.53185568]

this btc maxi is calling us samurais in a modern war, wtf

https://www.youtube.com/watch?v=6FdPd-ZP9_I&t=474s

@07:54

[Anonymous No.53185617]

>>53185568
I love how he has the following written.
>"We don't approve of ASICs"
>
>
>NGMI

The literal mental capacity

[Hodlin' Caulfield No.53185670]

[Anonymous No.53185711]

XMR has excellent technology and use cases.
The price of XMR does not matter at all. It should not rise with mass adaption.

XMR is for trade, not for holding.

[Anonymous No.53185755]

>>53185711
why wouldn't it be for both trade and holding? if it's a good medium of exchange, it's probably also a good store of value, especially with predictable supply constraint.

[Anonymous No.53185764]

>>53185711
I disagree that price won't rise with mass adoption. That doesn't make sense. More demand = higher price.
>XMR is for trade, not for holding.
XMR can be for holding though. I agree that using Monero is most important but still there is economic scarcity.

[Anonymous No.53185849]

>>53185568
"if monero ever actually became valuable like Bitcoin, companies would develop ASICs for it"
this retard does not understand how randomX work

[Anonymous No.53185867]

>>53185711
>The price of XMR does not matter at all. It should not rise with mass adaption.

Adoption only primes the bubble, speculation is what actually triggers it and sends prices to the moon and beyond.

And there is simply no way to avoid speculators FOMOing in, especially for a coin that is demonstrably in the process of displacing King Bitcoin, the implication that XMR is "the next BTC" is all too obvious to ignore.


>XMR is for trade, not for holding.

Anonymous offshore wealth storage amounts to holding.

[Anonymous No.53185963]

>>53185568
>this btc maxi is calling us samurais in a modern war, wtf
caveman confused what electricity is

[Anonymous No.53186045]

>>53185963
This is so close to being on the mark then OP starts complaining about shit that doesn't matter like muh race mixing.

[Anonymous No.53186229]

>>53185568
Be thankful that this guy doesn't know what he's talking about, it gives us more time to buy cheap. ASIC resistance is invaluable.

>Be me
>Head of world government (soon)
>Want to destroy Bitcoin
>Locate ASIC mining farms (easy)
>Find list of ASIC purchasers (easy)
>Make possession of ASIC miners illegal
>Confiscate all ASIC miners
>Plug ASIC miners in at world gov hq
>51% attack
>Bitcoin dead
>Minimal cost
>Simple as.

Not so easy to do with CPU's (provided Monero gets more adoption).

>Impossible to ban CPU's
>Difficult to locate miners
>Very expensive to buy all the CPU's needed for 51% attack

Monero chads stay winning?

[Anonymous No.53186320]

>>53185711
>The price of XMR does not matter at all
It kind of does though, because liquidity matters. If monero continues to stay at a $3 billion market cap, it will never become the de-facto standard for the shadow economy because the entire black market (offline and online) is worth trillions of dollars. This idea that monero will forever be a $150 stablecoin while continually gaining more adoption and capturing more markets just doesn't make any sense when you start doing the math.
>"well monero's price will stabilize because everyone is constantly trading it like a hot potato"
Wouldn't that make it more appealing to hold, though? Sure the price isn't as consistent as tether or usdc, but not everyone cares about a ±10% price fluctuation in their crypto. And if monero's price is going to deviate from the mean even less than btc/ltc/eth/etc, people are going to notice and feel more comfortable holding onto their monero or converting their holdings into monero.

[Anonymous No.53186377]

Anyone still watch divegrass? In just under three weeks' time /biz/ kick off their fifth consecutive elite cup campaign after being last years Winter Cup champions, but before that /xmr/ make their debut in the last invitational before the cup which kicks off this Friday coming.

Preview related above

[Anonymous No.53186567]

>>53186377
Lol what who made this?
Team needs wirey boy

[Anonymous No.53186580]

>>53186567
Also is that a garbage can witb the Zcash logo? Kek

[Anonymous No.53186590]

>>53185568
>so when I hear Monero people talk about ASIC resistance, I always think of them as being these sort of 21st century samurais

That is the most bizarre backhanded insult I have ever heard.

[Anonymous No.53186597]

What’s stopping the US Federal Government from just raiding all the XMR devs, sending them to gitmo, then compromise the coin?
>inb4 rollback
Okay great. How do all miners agree on who now takes over the update work?

[Anonymous No.53186616]

>>53186590
the dudes a fucking moron, its laughable

[Anonymous No.53186618]

>>53186597
>What’s stopping the US Federal Government from just raiding all the XMR devs, sending them to gitmo, then compromise the coin?

Most of them are anonymous and don't even submit code directly.

[Anonymous No.53186629]

>>53186597
>from just raiding all the XMR devs
Not all the devs are known, and the devs are all over the world so the american government wouldn't have jurisdiction.
further more this would just embolden efforts to work on monero. doing an all out attack like this would simply make Monero that much more powerful.
>How do all miners agree on who now takes over the update work
Why would there need to be a rollback?

[Anonymous No.53186665]

>>53186580
Yeah, it's literal >ztrash

[Anonymous No.53186676]

>>53186377

Where can we watch this?

[Anonymous No.53186687]

>>53186618
>>53186629
If theyre anonymous how do they get approved as devs?
Genuinely curious

[Anonymous No.53186691]

>>53186597
>he doesn't know about the Wownero Contingency Plan

[Anonymous No.53186717]

>>53186691
Explain

[Anonymous No.53186724]

>>53186665
lol. amazing.
>>53186687
by submitting competent work?
it's an opensource project anon. anon who are coding or researching crypto mathematics can contribute anonymously. Nobody knows who wrote cryptonote, for example.

[Anonymous No.53186809]

>>53186676
It's on the main 4CC Cytube channel over the next two weeks before the cup proper starts on the 27th. The opening match for /xmr/ against // is Friday 16:30 EST and 20:30 Euro time. I'll drop the link on the day if anyone doesn't know where the cup stuff is, but /biz/ jannies are usually raging faggots and ban any attempt to post threads or links so we've kinda got to be careful about it.

Although not -officially- a part of the team I do a bit to help the main cup /biz/ team out with testing and other bits. There should be some threads and a roster poll for /biz/ up around over the next week or two while they get ready for the main cup at the end of the month. In the meanwhile there's /xmr/ as a warm-up for /biz/ fans

[Anonymous No.53186834]

>>53186724
Thanks
Do miners then get to vote on proposed code being implemented in the next update or something similar?

[Anonymous No.53187301]

>>53186809

Unfathomably based. Keep us posted!!!

[Anonymous No.53187489]

[Anonymous No.53187725]

Still an infinite supply shitcoin that is trending to zero against Bitcoin?

[Anonymous No.53187811]

>>53186834
If there is a hardfork they don't agree with then they can chose not to support it. They can essentially vote with their hash power.

[Anonymous No.53187864]

>>53181264
>Trust this newspaper article.

[Anonymous No.53187919]

>>53186597
Being irrelevant in the grand picture.

[Anonymous No.53187932]

>>53187811
Thanks for answering with the info.
If there is a hardfork your funds are still in a cold storage wallet, because it is just an address, but you need to create a new cold storage wallet with the newest update and data from the blockchain and then use the key to verify your funds are still there, is this correct?

[Anonymous No.53188010]

>>53187932
>>53187932
Correct. Hardforks don't (usually) affect keys at all, you just have to update your client and download subsequent blocks. An exception to this would be if Monero implements the Jamtis address scheme update, which would require you to generate new keys using your old ones in order to access funds. That isn't confirmed yet though and I have no idea how automated they would try to make the process.

[Anonymous No.53188017]

>>53187932
To move the funds in the future out of cold storage you would have to download an up to date wallet that is compatible with the most recent version.
Also you don't need to download the blockchain. You can connect remotely to a node (though downloading the block chain and running your own node is the chad way of doing things).

[Anonymous No.53188052]

>>53188010
>>53188017
Cheers.
Using paper wallets is the way to go rather than Ledger or Trezor, yes?

[Anonymous No.53188109]

Can someone tell me what the fuck has happened in the last 24 hours?

[Anonymous No.53188145]

>>53185193
>1.) install it on a computer with an NSA backdoor (CPU)
Realistically you need to be targeted for them to use the backdoor (i.e they know who you are). I called it easy and not "best" for a reason though. The best option would be physically creating your own hardware and software to make a hardware wallet. Probably not worth the time for 99.999% of people.
>2.) don't verify the binary
You shouldn't need to be told to do this.

I clearly stated what this solution doesn't defend against, which you can essentially view as targeted surveillance. If they know who you are they WILL get you. But, this route should be reasonably safe for protecting against everything else.

[Anonymous No.53188226]

>>53188052
I prefer making my own wallet.

[Anonymous No.53188245]

>>53186229
That's the problem, you're looking at the problem logically instead of BITCOIN GON GO UP! BITCOIN IS GONNA GO UPPPPPPPPPPPP! Sorry NGMI you need to follow the cyberhornet hivemind

[Anonymous No.53188270]

>>53186597
>What’s stopping the US Federal Government from just raiding all the XMR devs, sending them to gitmo, then compromise the coin?
because unlike bitcoiners most monero devs have decent opsec and know how to hide their identities.

[Anonymous No.53188337]

>>53186834
>Do miners then get to vote on proposed code being implemented in the next update or something similar?
It's the same as with any hard fork. You either update your node or you don't. If 90% of people refuse to update and miners refuse to move over then it's considered a contentious fork and the old chain is the one that should be recognized as the original, just like how bitcoin cash hard forked from bitcoin but people disagreed with them (arguably for stupid socially engineered reasons but BCH is irrelevant since we have monero).

If the next monero update removed anonymity features we would just not update. The updates that have been pushed have all been improvements so everyone unanimously has upgraded.

[Anonymous No.53188348]

>>53187725
>trending to zero against Bitcoin?
Yeah, is it? Sure doesn't seem so

[Anonymous No.53188521]

>>53188109
>what the fuck has happened in the last 24 hours?
Can you be more specific?

[Anonymous No.53188575]

Is there anything going on MSR, AEON, and XMR devs? I used to hear that MSR and AEON were the vertcoin and litecoin of Monero but I haven't seen anything out of the communities in awhile

[Anonymous No.53188654]

>>53185568
Yes

[Anonymous No.53188852]

>>53188109
fundamentaly, nothing. if your refering to recent price action, its been building up to this for quite some time. and its in the middle of a bear market for the rest of the market. just goes to show that fundamentals really do matter, just not when everyone is buying shitcoins on fake hype cycles and btc and the rest of the market are being pumped astronomicaly due to crazy crazy amounts of leverage.

[Anonymous No.53189052]

POOMPA
*BANG BANG*
POOMPA
*BANG BANG*
POOMPA
*BANG BANG*

[Anonymous No.53189331]

>>53185711
>>53185711
>>53185755
>>53185867
>>53186229
>>53186320

when will you crypto tards realize if someone can clone it, its not a store of value? holy fucking shit you people are dumb

[Anonymous No.53189446]

>>53189331
>He thinks there will be demand for a pajeet copy and paste instead of the grassroots decentralized project with organic adoption, fair distribution, and market wide respect
Brilliant anon!

[Anonymous No.53189532]

>>53189331
>bro you can literally just print dollar bills at Staples

[Anonymous No.53190247]

>>53188270
explain

[Anonymous No.53190943]

>>53187725
Bitcoin still has a ticking bomb in the form of its supply, and is trending towards 0 (XMR)

[Anonymous No.53191389]

>>53190943
the ticking time bomb will explode in about what, 150 years?

[Anonymous No.53191491]

>>53190247
We’ll you see, they go by super secret aliases like “FluffyPony” before getting black-bagged by the feds with help from South Africa.

[Anonymous No.53191709]

>>53181521
>avalanche will kill monero
AHAHAHAHAHAAH
>some dev will make a zk ring type subnet token that makes monero obsolete
Good luck getting people to accept your shitty clone instead! We'll wait!
>>53189331
>when will you crypto tards realize if someone can clone it, its not a store of value?
If nobody agrees that your clone is acceptable then it has no value.
>>53189532
new money hack unlocked 2023 working legit no virus

[Anonymous No.53192383]

IT'S OVER, THE BULL MARKET HAS BEGUN AND WE ARE FREE FALLING

[Anonymous No.53192728]

>>53192383
cool, now get out you fucking moonfag

[Anonymous No.53192901]

>>53191389
the contribution of subsidy to the security budget will be negligible in a few decades.

[Anonymous No.53193039]

How do you Anons feel about Cake adding a web gift card thing?

[Anonymous No.53193254]

>>53186377

[Anonymous No.53193685]

>Bull is pretty much back and I still don't have my stack
If I wasn't so FUCKING POOR it would be great.
No Monero-chan huggies for me.

[Anonymous No.53193693]

There is a reason why Mt.GOX was a thing before thing went sour.
Is there a regular or freedom maket where one can sell or buy MTG cards for XMR non-kyc ?
It seams to be a convenient exchange medium

[Anonymous No.53193704]

>>53193693
>seams
seems*

[Anonymous No.53193951]

>>53193254
Get rid of the ayy face.

[Anonymous No.53194603]

>>53193039
havent tried it yet

[Anonymous No.53194699]

What % of your 'folio is XMR rn?
what about stables?
Contemplating buying more

[Hodlin' Caulfield No.53194779]

>>53193693
you could probably do it on moneromarket.io
but the layout is still kinda clunky so selling individual cards would flood the screen

[Hodlin' Caulfield No.53194791]

>>53194699
like 50%, maybe closer to 60
and i dont touch stables

[Anonymous No.53194863]

>>53194779

There's another Monerocentric shop in the works.

https://github.com/larteyoh/testshop

[Hodlin' Caulfield No.53195007]

>>53194863
oh yea i think i saw this about a month or so ago. this is a really cool project im keeping my eye on. especially if it gains in adoption from dark market users. i can see the appeal of no listing fees and not having to deal with ddos attacks.

[Anonymous No.53195460]

>>53181100
Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/411520389

[Anonymous No.53196353]

[Anonymous No.53196978]

>>53193039
how does it work?

[Anonymous No.53196993]

>>53196978
I bought a visa vcc from them. It's a prepaiddigital one, like the ones coinbee used to sell. Works fine for shops that accept those.

[Anonymous No.53197822]

Haven't been here for over a year. Glad to see the assburgers are still keeping this general alive.

[Anonymous No.53198158]

Can somebody running their own PRUNED node check the size of their blockchain and tell me what it is? Full node is 147.2 right now.

[Anonymous No.53198402]

>>53185867

Is it goatse?

[None !hPFV6Brm5A No.53198510]

>>53193039
used it to buy amazon giftcard, worked well. ill enjoy nagatoro volume 13, paid for with XMR

[Anonymous No.53199059]

who the fuck does this?

[Anonymous No.53199086]

>>53198510
based

[Anonymous No.53199323]

IRC - https://pastebin.com/kP1gZ1Hk
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

Some updates for 2023. Eventually going to host these as static text onion sites.

[Anonymous No.53199783]

>>53186597
to compromise the coin a hard fork is needed.
we will just not take the hard fork and keep using the current.

[Anonymous No.53200737]

>>53186229
>>53188245
Yep, markets are illogical and irrational, because they are still, mostly, run by humans with human emotions.

[Anonymous No.53202398]

GUISE I HAVE AN IDEA FOR A MONEROCHAN

[Anonymous No.53202407]

lads

[Anonymous No.53202457]

Infinite supply + probable inflation bug = instant deal breakers.

[Anonymous No.53202504]

>>53202457
>Infinite supply
It isn't infinite, and there will be less Monero than Bitcoin until 2040.
>probable inflation bug
why would it be "probable"?
And bugs happen but the people most likely to catch cryptographic breaks are very intelligent and specialized researchers who actively study this stuff.
>instant deal breakers
great. we don't want you.

[Anonymous No.53202875]

>>53202457
if you have a finite supply nobody will spend it retard

>>53194863
>>53194779
how do you send stuff as a seller anonymously?

[Anonymous No.53203354]

for anyone with trouble compiling monero for OpenBSD:
>https://github.com/monero-project/monero/pull/8651/commits
if you're running a local node add
>--db-sync-mode=fast:async:10000
to make the rest of your system usable

[Anonymous No.53204041]

>>53202398
Thicc Mommy Monero Major

[Anonymous No.53204167]

>>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891 >>53203891

????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

[Anonymous No.53204298]

https://files.catbox.moe/lcsry3.png
https://files.catbox.moe/vp26um.png

I have all of the monerochans except the AI ones.

[Anonymous No.53204352]

>>53204298
That was most likely it, but it seems like there could be a different version of that pic. The car and angle of the car was as I remembered it, but I thought her pose was maybe different somehow. But I did recall her cleaning the car, or holding a towel at least, so it was probably that exact pic.

[Anonymous No.53204372]

>>53202398
tell me more

[Anonymous No.53204422]

>>53204372
basically that pic but it's monerochan replacing a drive on her pc or something

monitor needs to have either monerod or xmrig terminal output

Maybe redo the can as a wownero energy drink or something?

[Anonymous No.53204443]

>>53185175
>Coming to this thread makes me want to buy xmr
Me too, i remember a fren telling me he uses monero anytime he wants to remain anonymous, which is the only reason i use the sylo messaging app, it's end-to-end encrypted, and will never ooze out user's info.

[Anonymous No.53204738]

Still no way to buy this coin without a cex. Banned in my country.

[Anonymous No.53205657]

>>53204738

Buy a shitcoin and then just swap using Trocador or something.

[Anonymous No.53205675]

>>53204738
kycnot (DOT) me

[Anonymous No.53205740]

Silly question, but is it possible to reduce you mining hashrate? To avoid wasting too much electricity while also collaborate with the network.

[Anonymous No.53206120]

Was monero made because btc turned out to be horrible mistake by 2014 with asic mining? As in it's 2050 and the only place with power left is some small island of nuclear reactors and miners are shooting and stabbing each other to death over last remaining Asics cause a btc is 1938849202848839 dollars and a cheeseburger costs 100000000 dollars and the rest of the planet outside that island is 600 ad Europe.

[Anonymous No.53207134]

>>53204738
>Banned in my country.
Banned in my country too
>>53205657
This dude knows nothing

[Anonymous No.53207214]

>>53207134
Can you not buy and withdraw BTC?
Can you not use a VPN and access swapsites or DEX's like Tradeogre?
If not, how is this enforced on you?
I'm genuinely curious.

[Anonymous No.53207279]

>>53205740
does reducing the number of cores mined with not provide the desired result? it's just a value adjustment in the GUI wallet, can't be more difficult in the CLI wallet

[Anonymous No.53207906]

>>53181100

Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/411639168

[Anonymous No.53208046]

what do you guys think of RUNE?

[Anonymous No.53208197]

>>53208046
fuck them

[Anonymous No.53208737]

>>53208046
im tempted but got confused when i read about all their different chains. i dont understand why they have like 5 versions of rune token

[Anonymous No.53208847]

>>53208046
scam
There are multiple posts on r*ddit about them and the issues

[Anonymous No.53209345]

>>53207279
>>53205740
on command line you literally just use the -t option on xmrig or --mining-threads on monerod

default value is 1 thread

[Anonymous No.53209427]

>>53205740
>Silly question, but is it possible to reduce you mining hashrate?
Yup, just use a slower computer!

[Anonymous No.53209562]

>>53208197
please explain

>>53208737
so is it bad that they support so many chains? i only know of the erc20 rune token but i read that they will phase that one out soon

>>53208847
seriously? i gotta check that, thx

[Anonymous No.53209923]

>Tari and wownero still silently being developed in the background.

[Anonymous No.53209955]

>>53209923

>wownero
>being developed

We do drugs and memes.

[Anonymous No.53210344]

>>53205740
>is it possible to reduce you mining hashrate? To avoid wasting too much electricity while also collaborate with the network.

for mining monero YES !, just reduce the n of cores (threads) used in the config file. For GPU mining (ETH before merge, etc), NO ! its mega retarded, frustrates me to no end. GPU miners are designed to use 100% of GPU rendering the PC useless except for a dedicated farm.
So you cant GPU mine and read email or youtube. while you can even play video games with cpu mining. There is virus called silnet XMRrig, its a hostile monero miner, which may not even notice working in the background. if a phone is infected, maybe you feel like the battery is getting worse or is warmer at standby

[Anonymous No.53211737]

[Anonymous No.53211867]

>>53207214
It's a 1pbtid spreading baseless FUD.

[Anonymous No.53212071]

>>53204738
Where the fuck do you live, north korea?
Just get some in local monero, if you have dont find anything then get some btc and use atomicswaps to trade for monero. Also offer services online and get paid in xmr.

[Anonymous No.53212672]

I'm *this* close to starting mining using GUPAX, but I'm torn on two topics: local versus remote node, and tor or not tor. The only reason I'm doing any of it is because GUPAX makes it super fucking easy -- I'm relatively tech savvy, but not to the level of reading the literature and having any fucking clue what to do with it. And the only reason I'm into XMR at all is my distrust of centralized authorities like the feds. If the authorities decide to come down hard on XMR because it actually represents an escape from their system, would I just be painting a target on myself by not using tor? Or would it even matter?

[Anonymous No.53213337]

>>53188270
lukedasjjr is functional retarted

[Anonymous No.53213472]

>>53212672
0 experience with gupax but I mine and run my own nodes over TOR

Long story short: No, all people can see is that you are using TOR, not what you're doing on it. Also, TOR (like monero) is far more useful to glowies and 3 letter agencies than you'd expect. I really would not expect any crackdowns like that, perhaps tax crackdowns.

[Anonymous No.53213776]

There is 0 local monero in my country.

But you can buy from Kraken.

Could I buy XMR on Kraken then sell it for cash through local monero, and do it completely within the law?

Like declare 100% honest income for taxes and shit but just earn selling XMR anonymously for like double the price?

I’m guessing theres probably a limit to how much one can sell as a private person before you have to become a licensed money broker and then conform to rules like you must require ID etc

[Anonymous No.53213841]

Maybe one of these is good enought as a example for monerochanart

https://files.catbox.moe/jrbzz8.png
https://files.catbox.moe/ktrtp8.png
https://files.catbox.moe/l1tvbr.png
https://files.catbox.moe/wn2vaz.png
https://files.catbox.moe/u20gek.png
https://files.catbox.moe/t3ksqt.png
https://files.catbox.moe/f10zwu.png

[Anonymous No.53213861]

>>53213841
I especially like the last, but are issues as expected from a general model

[Anonymous No.53213903]

>>53204738
What country?

[Anonymous No.53213962]

>>53187301
wearing any "monero" related clothing in public or anywhere for that matter drastically increased the chances of you being monkey wrench attacked in the future.
plus it signals to anyone who just looks at you that they now know you're involved in the crypto sphere, thus making yourself a prime target for future potential attackers
learn to become a social gray man if you want to survive the impending technological dystopia that is inevitable
https://www.cityprepping.com/2016/11/20/3-rules-become-gray-man/

not to mention it makes you look really, really gay.
>picrel

[None !fxjPc9dvjM No.53214027]

>>53213841
Nice, saving a couple for references. Here's a sexy one in return.

[Anonymous No.53214058]

>>53213962

I would think all of that is common sense.

[Anonymous No.53214103]

>>53214058
Common sense isn't.

[Anonymous No.53214163]

>>53214058

[Anonymous No.53214175]

I can only buy BTC on Bisq with fiat right? And then I'd have to exchange it for XMR.
So my best option for buying XMR directly with fiat would probably be localmonero?

[Anonymous No.53214186]

>>53213841
When did Monero chan become a shape shifter?

[Anonymous No.53214314]

>>53214186
Atomic Swaps

[Anonymous No.53214368]

>>53214163
Holy fucking based

[Anonymous No.53214706]

>>53198402
nice

[Anonymous No.53214938]

>>53213776
I don't see what not. If you just want some beer money and know the legal limit, go for it. Otherwise I'd talk to a lawyer first and make sure everything is straightforward and well defined

[Anonymous No.53214970]

with no discernible increase in adoption, zcash bloatchain surpasses 200gb in less than seven months. you really hate to see it.

[Anonymous No.53215218]

>>53213472
I realize tor is the safest route, but i suppose my question is this: how easy would it be to prove I have ever mined XMR if I don't use my own node and don't wrap the daemon in tor?

I think I know the answer and I'm just hoping to be told otherwise. Sigh, I was hoping to be able to get this started tonight, but alas -- more to learn before I begin...

[Anonymous No.53215402]

>>53215218
Yes, it would be pretty trivial to capture proof of your rig communicating with an IP known to host a mining pool.

If you want to start hashing ASAP, (not to shill for a pool I mine in or anything) I'd recommend monero.hashvault.pro

http://hashvaultsvg2rinvxz7kos77hdfm6zrd5yco3tx2yh2linsmusfwyad.onion/ for their hidden service site

[Anonymous No.53215480]

>>53214186
Phantom wall-hacking poker Booba?

[Anonymous No.53215507]

>>53214970
Seems to have gone full bloat after the "NU5" update. I wonder what they did?

[Anonymous No.53215530]

>>53215507
I thought it was someone spamming full blocks, for near zero fees, and ECC not bothering to fix it.

[Anonymous No.53215551]

>>53215530
Ya just did some more research and apparently that's it. https://stormgain.com/blog/spam-attack-on-zcash-and-its-effects

It only cost the attacker $10 a day to continue according to a dev lmao

[Anonymous No.53215581]

>>53185568
>BTC maxi fails to understand anything other than basic bitch SHA256 mining algos
I'm not even surprised anymore

[Anonymous No.53215972]

>>53215551
They should be happy. It's the most traffic their network will ever get.

[Anonymous No.53215991]

>>53213962
>chances of you being monkey wrench attacked

[Anonymous No.53217373]

>>53181100

[Anonymous No.53217564]

Anons can I make a cold wallet on an ssd then just keep it in a faraday cage?

[Anonymous No.53217574]

how do you sell stuff anonymously on monero markets? i figured out tor and accounts but always get stuck at the shipping aspect since you cant use stamps on any mail over 13 ounces, they require electronic payment for (((safety))) purposes

[Anonymous No.53217828]

>>53217564
yes but there are a lot more considerations than that if you want to sleep soundly at night knowing it's impossible to hack and that bitrot won't cuck you.

>put ssd in laptop
>install Linux to said laptop
>run an update, install monero wallet (ideally compile it yourself from the github)
>disconnect from the internet, delete wifi password, ideally delete wifi drivers
>create wallet
>write down mnemonic seed phrase (stamp it into metal or tattoo on inside of eyelids later on)
>create view-only wallet, move that onto a USB drive
>power off loonix laptop
>remove hard drive from laptop
>put in faraday cage
>put faraday cage in pooper
safe and sound

>load view-only wallet onto regular pc
>easily see your monies and fund your monero savings account.
(they only see incoming transactions for now)

practice good security for like 45 minutes and you won't get goyim'd into oblivion.

[Anonymous No.53217964]

Alphabay without vendor fees?

[Anonymous No.53218087]

>>53209923
wownero is literally run by a scamming reddit moderator and is designed to leech off the popularity of monero.

[Anonymous No.53218363]

>>53218087
I don't care

[Anonymous No.53218582]

>>53218087
Yes I once joined their IRC and the last message was "shilling to 4chan retards is going great". The project development is fine tho, just don't start treating it as an investment or money. Treat it as worthless and we're all fine. Then they get their dogcoin, we get our testing ground.

[Anonymous No.53219111]

>>53218087
wownero is the monero memecoin. i mined for 20 hours but i guess my "rig" is not powerful enough, got nothing.

should i get some?

[Anonymous No.53219389]

>>53217964
Pls help

[Anonymous No.53219548]

>>53219389
Use brain.
Is some vendor/market is doing nono business without any fee or incentive then they have no reason to operate.
Therefore they are 100% honeypot

[Anonymous No.53219591]

>>53219548
I meant something like alphabay but without the 1.5 XMR entry fee. I'm okay with x% fees on every sale but I don't have 1.5 XMR to pay them

[Anonymous No.53219644]

>>53218087
>wownero is literally run by a scamming reddit moderator
wownero is opensource and there are a lot of individual miners genuinely interested to contribute, secure, and get rewarded
proof or gtfo

[Anonymous No.53219657]

>>53202457
>probable inflation bug
possible not probable
morron

[Anonymous No.53219684]

>>53186229
>Very expensive to buy all the CPU's needed for 51% attack
can anyone estimate the cost? to be honest I don't feel it would cost that much

[Anonymous No.53219952]

Any huge reason not to use something like Exodus to buy BTC before swapping it for XMR to send to myself? Looking into other options but I had it already as a quick and easy way to pay for something else. Still pretty new to most of this.

[Anonymous No.53219968]

>>53219684
According to monero.how, the current hashrate is at 2.5GH/S, which is "roughly 25,000,000 CPU cores", so I guess they're averaging that 1 core = 1KH/S. So that's the equivalent of 1,562,500 CPUs with 16-cores, or 3,125,000 CPUs with 8 cores, or 6,250,000 CPUs with 4 cores. You'll have to do some research on CPU RandomX benchmarks to see which CPUs give you the best bang for your buck, and see how much it costs to get 12.5 million CPU cores.

[Anonymous No.53220202]

>>53219968
https://coinguides.org/hashpower-converter-calculator/

according to miningpoolstats 2.5GH/S hashrate is correct but that would equal around 30000 miners. what does that mean 30000 miners? is it 1 cpu?

regardless since an amd 5950x would equal 22 kh/s that means you would just need 113000 cpus
58000 for a 51% attack
which is...not a lot

but I'm also interested to know how much it would cost if monero had the popularity of bitcoin
if let's say monero reaches bitcoin market cap (x100), does that mean that the difficulty will x100? or is it like an exponential formula, not linear increase?
mining expert needed

[Anonymous No.53220246]

>>53220202
>which is...not a lot

What is easier to attack is also easier to defend.

[Anonymous No.53220320]

>>53220246
an attacker that wouldpurchase a lot of cpus would make it harder to defend, after the attack took place
or maybe I'm not understanding something

can someone explain how the monero difficulty works?
what happens if monero market cap x100?
does x100 miners means x100 difficulty or not?

[Anonymous No.53220666]

>>53220320
I believe it adjusts the same way BTC does in terms of average block times.
I haven't looked in to mining for a while though so anyone feel free to correct me if I'm wrong.

[Anonymous No.53220762]

>>53220320
>an attacker that wouldpurchase a lot of cpus would make it harder to defend, after the attack took place
>or maybe I'm not understanding something

There are literally millions of Ryzens & equivalent rigs out there just waiting to be re-purposed into miners, not to mention all the countless millions of lesser CPUs that are capable of mounting a communal defense.

That is the beauty of RandomX, virtually every household on Earth already has the potential contribute to network security without having to invest in additional hardware.

RandomX in combination with 51%+ P2Pool dominance = God-tier

[Anonymous No.53220799]

>>53186676
Why is Fluffy so sad in this pic?

[Anonymous No.53220982]

>>53217828
Thanks friendo.

[Anonymous No.53221080]

160 accepted boys

[Anonymous No.53221262]

>>53214970
Which website is that?

[Anonymous No.53222505]

[Anonymous No.53223052]

>>53220762
why would there be more miners suddenly after monero is attacked, especially if it's not that profitable to mine?
you can go very far if you imagine what is possible, you've got to reason based on what is realistic though

if my asumption is right (x100 miners means x100 difficulty) then I'm afraid there needs to be ways to make monero more resilient to attacks

>>53220666
do you know if the difficulty x2 if the hashrate x2, or does the difficulty goes above x2?

[Anonymous No.53223058]

Things are looking better than I expected for January so far. Not a bad start to the year.

[Anonymous No.53223070]

>>53223052
>>why would there be more miners suddenly after monero is attacked, especially if it's not that profitable to mine?

For the same reason hashrate steadily rising even tho profitability is virtually zero these days.

[Anonymous No.53223363]

>>53223070
so if I understand correctly you're saying that if someone attacks monero then the same people currently mining at a loss will spend even more money to defend the network?
is that right?
what tells you that's correct and not just hope?

to be honest I'm kind of afraid of an attack on monero and I'm trying to find details that might be more reassuring
if it's not profitable to secure I don't understand how it can be secure
it sounds like it doesn't make any sense
unless there's some billionaires that are pro monero?

[Anonymous No.53223394]

>>53223363
>what tells you that's correct and not just hope?
Because mining profitability has been awful the past few years but the mining network has continued to grow.

[None !hPFV6Brm5A No.53223542]

>>53223363

i have ~15k Hashes just sitting around not mining bcs it's not economical and I've already reached my goal of finding a block myself in p2pool.

If there was indication of an active attack against the network, these machines would be mining within the hour and if its serious I might just go out and buy myself a nice top-end ryzen rig for fun.

im sure I'm not the only one in the monero community who could quickly have miners running.

[Anonymous No.53223550]

>>53223363
There's some idealists, but Monero miners are also a common form of "malware". Any computer you have access to that you don't pay electricity for, you can mine and get free money. Used to be able to mine on free trial Azure servers.

[Anonymous No.53223698]

>>53223550
>the whole network is powered by malware
sounds really secure lol

[Anonymous No.53223721]

>>53217564
>>53217828
Isn't storing anything long term on a SSD a terrible idea?

Those things die without being powered up for a while.

[Anonymous No.53223853]

>>53223698
Hashing power is hashing power. I don't care where it comes from, so long as it's not all concentrated in one mining pool.

[Anonymous No.53223870]

>>53223698
If malware devs trust it to hide their trails, so can you

[Anonymous No.53223880]

>>53223394
yeah but what tells you the this growth will grow enough in case of an attack?

>>53223542
15000 kh/s? that's 0.5% of the network, how is that possible? you own 1000 units of miners?

>>53223550
would be actually interesting to know what % of the hashrate those malwares contribute to the network
I have been infected by an xmr miner once, I'm not sure what to think about that

[Anonymous No.53223902]

>>53223698
Let's see your mining setup, big boy.

>>53223721
Hence the mnemonic seed phrase backup. todays SSD's are probably safe for 5-10 years of data retention (perhaps longer but I'm not trusting it past that). Or you can just use M disc, or magnetic tape, etc, etc.

[Anonymous No.53223917]

>>53223902
>Let's see your mining setup, big boy.
I'm mining monero on your computer right now.

[Anonymous No.53223934]

Creating tokens on monero, I have designed something which (in theory) should allow for the creation and management of tokens on Monero XMR.
These tokens would be truly liquid, and truly fungible or non-fungible.

https://medium.com/@genericmage1127/peng-monero-peng-e-design-30b923f4c16b

[Anonymous No.53223952]

>>53223917
A quick htop tells me that that's a load of garbage, git gud.

[Anonymous No.53223966]

>>53223952
that's just what I want you to think

[Anonymous No.53223977]

>>53223880
>yeah but what tells you the this growth will grow enough in case of an attack
Because objectively what I said is true and you are talking in hypotheticals that aren't true.

[Anonymous No.53224033]

Man why the FUCK does MoneroOcean have to be such AIDS to actually use?
>Uhhhh durrr download this switcher script then choose a miner for it to hopefully interact with and then make a profile for every possible coin the site might want you to mine, also just guess what will work for each one, have fun!
Why not just include a miner with the switcher with presets for different GPUs? There's no way I can set all this shit up in an hour before work.

[Anonymous No.53224045]

>>53224033
>He can't follow directions
Post skin

[Anonymous No.53224055]

Different question, are there any utilities for analyzing Monero transactions, timestamps, parsing transaction data (e.g., tx-extra), similar to what there is for Bitcoin?
https://github.com/jlopp/bitcoin-utils
https://github.com/nickmitchko/wikileaks/blob/master/jean_b.py

[Anonymous No.53224085]

>>53181100
But ORE affords the ease of managing all my wallets from my universal OREID account using just one login ID.

[Anonymous No.53224143]

>>53223363
>so if I understand correctly you're saying that if someone attacks monero then the same people currently mining at a loss will spend even more money to defend the network?
>is that right?
>what tells you that's correct and not just hope?

Nigga, this ain't Bitcoin. MoneroChads are primarily motivated by ideology rather than profits and many mine at an acceptable loss just to support the network and stick it to the glowies.

Remember what happened when MineXMR hit 51%? Moniggaz stepped up, got to counter-hashing and drove that shit back down rapidly.


>to be honest I'm kind of afraid of an attack on monero and I'm trying to find details that might be more reassuring

Don't be, while its not impossible it would be a logistical nightmare setting up the machines themselves, not to mention sourcing all the electricity required in one place.


>if it's not profitable to secure I don't understand how it can be secure

IDEOLOGY. People have gone to war and died for it, others have betrayed their own country for it. Mining at a slight loss ain't no thang if its for a righteous cause you believe passionately in.

[Anonymous No.53224196]

>>53223977
it has grown x8 in 3 years
that's real but I'm asking what tells you that it will keep growing more than it has already has if there's an attack? how to be sure?

[Anonymous No.53224204]

>>53223880
he said 15 kilohash (15000 hashes) not 15000 Kilohash.15 kilohash isn't really outlandish, it's like one high end rig made of high end consumer parts.

>I really really want to mine on this fucking thing
https://yewtu.be/watch?v=aSxomAgD8s4

[Anonymous No.53224247]

>>53224204
yes I can't read
you can hit 22 kh/s with a good cpu on a home pc

[Anonymous No.53224259]

>>53224143
this kind of make sense but I'd like to know if it's actually realistic
I didn't know someone had 51% what happened?

[Anonymous No.53224280]

>>53224259

https://www.reddit.com/r/Monero/comments/stekvw/minexmr_hashrate_drops_from_50_to_38_after_monero/

[Anonymous No.53224285]

>>53221262
https://blockchair.com/zcash/charts/blockchain-size

[Anonymous No.53224573]

>>53198158
It was around 52 a month ago.

[Anonymous No.53224597]

i really believe that everyone should at least hold a little bit of monero. goal is 21 and i am still far away :(

[Anonymous No.53225179]

when’re we getting rich lads?

[Anonymous No.53225243]

>>53225179

[Anonymous No.53225254]

>>53224280
https://www.coinwarz.com/mining/monero/hashrate-chart
you can barely see any movement of the hashrate when that happened
plus that drop, from what I've understood, was completely wanted by the mining pool, it wasn't an attack
still not reassuring

I get that many monero miners are willing to take a loss but as long as there's no incentive I'm afraid there will be not enough people to defend it

[Anonymous No.53225336]

>>53224259
If I'm remembering right they only actually held 51% for sporadic bits of time, they weren't bad actors but still, it's too close for comfort.

They willingly shut down last year and we've been far more decentralized since then, but I do hope they make a return some day.

[Anonymous No.53225388]

Would it be technically feasible to get rid of pooled mining in a future update? Would people go for it?

[Anonymous No.53225406]

>>53217574
>>53202875
>how do you send stuff as a seller anonymously?


so does nobody here actually use monero in real life? everyone here is just a shitcoin gambler? looking for a little help here thanks

[Anonymous No.53225615]

>>53225406
the secret is you have to suck the mailman off

[Anonymous No.53225621]

>>53224597
this is the retarded way to force adoption and it will lead to price instability.
why would people hold a currency that is only used in dark markets unless of course they want to buy something in those markets or are just moonfags waiting for the coin to go up.
crypto will gain adoption as the tech improves and as the use cases increase, hopefully CBDC will force a part of the population into cryptos for good.

>21 xmr
completely random number taken out of someone's ass

if you really want the coin to gain adoption, create or support markets for it.

[Anonymous No.53226262]

>>53225254
>you can barely see any movement of the hashrate when that happened
>plus that drop, from what I've understood, was completely wanted by the mining pool, it wasn't an attack
>still not reassuring

The necessary hashrate was generated as soon as it was necessary, I find that very reassuring.

>I get that many monero miners are willing to take a loss but as long as there's no incentive I'm afraid there will be not enough people to defend it

Are you dense? We've already established that profitability has been essentially zero for a while yet the hashrate steadily keeps rising over time. No incentive my ass, mining Monero when you hold it makes perfect sense since its an effective way of protecting your investment, not to mention its ideologically mandated as well.

And to be precise: mining Monero can be profitable assuming access to basically free electricity, so there are definitely niggaz mining for profit, its just that for most of us the revolution comes first.

Consider investing in dog memes instead.

[Anonymous No.53226469]

>>53226262
>mining Monero can be profitable assuming access to basically free electricity
that's a good point

[Anonymous No.53226972]

Hello /xmr/, I'm Black and I'm all in on Monero and I want to go all in on Monero-chan as well but I recognize race-mixing is wrong so I won't do it. Can someone please draw a Monegro-chan?

[Anonymous No.53227010]

>>53226972

[Anonymous No.53227071]

>>53226972
Second Monegro chan but because race mixing is wrong but because it's based

[Anonymous No.53227724]

God dammit it's a piece of shit to sync the node, I've left my pc on for 3 days and there's still 500k blocks left and it seems it's slowing down. Should I just download the blockchain on getmonero or what? It's really a bummer, bet many people don't run nodes/mine due this

[sage No.53227762]

>>53227724
internet speed? CPU? Rotating drive or solid-state storage?

[Anonymous No.53227955]

>>53227762
300 Mb, 5800X, HDD
Yes, I know the HDD is the bottleneck but it's the partition I don't have to worry about running out of space, but still, 3 days is too long.

[Anonymous No.53228269]

>>53221080
If that retard didn't die then he deserves to die.

[Anonymous No.53228309]

>>53227955
It might take a week or more depending on how slow your drive is. Been there.

SATA SSD took me 14-15 hours

[Anonymous No.53228375]

>>53226972
Based, bumping for monegrochan

[Anonymous No.53228398]

>>53181135
The onion link for darknet markets wasn’t working for me. Is there something that I need to do besides use tor?

[Anonymous No.53228403]

>>53227955
>>53228309
I downloaded on Linux with a 300GB partition on my Windows SSD, then moved it to my NAS and now run the node from an array of HDDs. Started the sync before bed and it was done when I woke up, migration was faster because my LAN is 1GBe while my WAN is something like 800MB/s

[Anonymous No.53228650]

>>53228398

Tor is currently being hammered by glowies. AlphaBay has ab i2p site tho.

[Anonymous No.53228735]

Bitcoin is gold, Monero is anonymous cash, is this really that controversial?

[Anonymous No.53228761]

>>53228735
>is this really that controversial?

Gold is fungible, Bitcoin isn't.

[Anonymous No.53228787]

can monero go to $20k? or will it forever tap out at $500?

[Anonymous No.53228838]

>>53228761
SO WHATTTTTTTTTTTTTT, if you buy it as a store of wealth with no intention to sell than why the fuck does it matter, ideally you would use xmr for all daily transactions so WHY DOES IT MATTER

[Anonymous No.53229030]

>>53228838
>WHY DOES IT MATTER
If you hold Bitcoin like gold you'll probably hold a lot of you worth there.Bitcoin is not like gold it has no industrial or commercial use. Bitcoin is basically just a collectable at this point and since you're just collecting numbers on the screen not a good one.

[Anonymous No.53229113]

>>53229030
yeah it's not like 2 real countries adopted it as official currency and legal tender and 3 more looking to do the same.

[Anonymous No.53229184]

>>53229113
>2 real countries
I didn't know the Central African Republic accepted it as legal tender. I'm sure a technologically leading nation has wide uses for Crypto. I take back everything I said.

[Anonymous No.53229223]

>>53229184
i don't think people in the western developed nations have real use for hard money. their currencies are strong enough as is. for now. africa needs bitcoin more, but the volatility is probably too much for them for now.

[Anonymous No.53229236]

Gupax is throwing me this error:
>P2Pool get_info RPC request failed: error URL using bad/illegal format or missing URL (empty response), trying again in 1 second
How do I fix this?

[Anonymous No.53229237]

>>53228838
I just think the transparency of the blockchain is a deal breaker for any seriously wealthy people (nations, banking families etc).

Why the fuck would anyone allow their entire financial history to be tracked by anyone in the world that took an interest?

[Anonymous No.53229258]

>>53229223
altho who knows maybe being only 70% down is not that bad for africans.

[Anonymous No.53229289]

>>53229237
big money can't move around in secret anyhow. in fact it's usually a liability on someone else's book. with bitcoin wealthy people can at least self-custody.

[Anonymous No.53229399]

>>53210344
>for mining monero YES !, just reduce the n of cores (threads) used in the config file.
I only have two, so I have to choose between mining and using my computer, which I need for everything.

[Anonymous No.53229422]

>>53229289
> big money can't move around in secret anyhow.
I disagree. Secrecy is essentially the exclusive way that big money moves.

Can you tell me the current holdings of the Sauds? The House of Windsor? The Rockefellers or Rothschilds? Just using famous examples.

There may be a few notable companies or holdings, but you can’t provide any real details or timetable.

[Anonymous No.53229455]

>>53229289
>big money can't move around in secret anyhow.

Nigga, what the fuck do you think offshore banking is all about? Why were numbered Swiss bank accounts so coveted?

Jesus Christ!

[Anonymous No.53229511]

>>53229455
I guess the devils advocate argument is that the elite will just use 100,000 different bitcoin addresses so people can’t really connect the dots.

But it just seems like an unnecessary risk to even do that.

[Anonymous No.53229540]

>>53229422
>Secrecy is essentially the exclusive way that big money moves.
you have no clue how tradfi works i see. there are no secrets. money is just a umber on excel sheets credited to kyc-ed fucks.
>>53229455
swiss banks also need kyc and will rat you out even tho they loved the numbered account system because people died all the time with money in them nobody claimed.

[Anonymous No.53229559]

>>53229511
it's not like oligarchs can't coinjoin with each other. sure plebs are not going to participate in 1000 btc chip-in pools.

[Anonymous No.53229588]

>>53229511
>I guess the devils advocate argument is that the elite will just use 100,000 different bitcoin addresses so people can’t really connect the dots.

Why would you even risk it when you could just use Monero with peace of mind?

[Anonymous No.53229606]

>>53229588
doesn't have the liquidity for wealthy people to laugh at it. they certainly can't estimate the exit liquidity if they need out. monero will be gypsy coin. used by lowlifes and norks.

[Anonymous No.53229615]

>>53181100
Moreno looks good but it's not convincing. RAILGUN a top notch, is an on-chain privacy system built using smart contracts and powered by zk proofs

[Anonymous No.53229628]

>>53229540
>swiss banks also need kyc and will rat you out even tho they loved the numbered account system because people died all the time with money in them nobody claimed.

Yeah, that's why I used the past tense, Swiss banking is cucked now.

Monero carries on the tradition.

[Anonymous No.53229645]

>Satoshi Nakamoto prioritized his anonymity and privacy above all possible opportunities he could have by being publicly known
>still an unknown despite everyone's efforts
what do i make of it?

[Anonymous No.53229656]

>>53229606
>doesn't have the liquidity for wealthy people to laugh at it.

Monero had even less liquidity 5 years ago. Things change with time and adoption, the entry of transnational organized crime into the fold is certainly very promising.

[Anonymous No.53229731]

>>53229236
I think I get that error occasionally if monerod hangs. Try killing p2pool, restart monerod and watch for errors, then start p2pool again when it's running smoothly

[Anonymous No.53229732]

>>53229645
He used a lot of proxies I guess.

[Anonymous No.53229749]

>>53184146
>Is it a good idea to recieve xmr as donations if i'm a streamer/youtuber?
Mental Outlaw posts an xmr tipjar address, and makes monero vids to get the normies interested. Use whatever wallet suits you.

[Anonymous No.53229792]

>>53185568
>this btc maxi is calling us samurais in a modern war
yes. trader univ is jelly that he have the memes.

[Anonymous No.53230109]

>>53229792
It's the most flattering insult I've ever heard.

[Anonymous No.53230235]

>>53226972
kek

[Anonymous No.53230374]

Yep, still an infinite supply shitcoin.

LN sends its regards kek

[Anonymous No.53230549]

>>53230374
>LN sends its regards kek

lol is this supposed to be FUD?

[Anonymous No.53230787]

>>53230549

Optimized CJ + LN = pretty much airtight.

[Anonymous No.53230790]

>>53230374
How come I never see this fud in Ethereum?

[Anonymous No.53230850]

>>53230787
>Optimized CJ + LN = pretty much airtight.

Somebody get this guy a Netflix special.

[Anonymous No.53230916]

>>53230790
>How come I never see this fud in Ethereum?

ETH doesn't make maxipads fear for the future.

[Anonymous No.53231014]

>>53229540
Can you tell me the assets of any major banking family?

[Anonymous No.53231023]

>>53230787

[Anonymous No.53231072]

https://yewtu.be/watch?v=FtutLA63Cp8

[Anonymous No.53231138]

NEW THREAD: >>53231130
>NEW THREAD: >>53231130
NEW THREAD: >>53231130
>NEW THREAD: >>53231130
NEW THREAD: >>53231130
>NEW THREAD: >>53231130

[sage No.53231384]

>>53231072
based

[Anonymous No.53231471]

>>53230374
>LN
Seraphis is WIP

[Anonymous No.53233503]

>>53181106
>>53181128
>>53181186
>>53181264
>>53181593
>>53183534
>>53185085
>>53185154
>>53185568
>>53185711
>>53185755
>>53185849
>>53186229
>>53187725
>>53188109
>>53188521
>>53188575
>>53188654
>>53189052
>>53190247
>>53191389
>>53193254
>>53197822
>>53200737
>>53202457
>>53203354
>>53204372
>>53204443
>>53204738
>>53206120
>>53207134
>>53207214
>>53212071
>>53213337
>>53213776
>>53213962
>>53214027
>>53214163
>>53214368
>>53214706
>>53214938
>>53215480
>>53217373
>>53217964
>>53219952
>>53220799
>>53223870
>>53223934
>>53224033
>>53224085
>>53224573
>>53225179
>>53226972
>>53228398
>>53229615
>>53230235
>>53230790
>>53231014
>1pbtid

[Anonymous No.53234035]

>>53228838
>SoV
Why does SoV arise in the first place? Steady low inflow of supply with rising demand. Bitcoin has the first part, but as soon as people forget the demand side (buying to spend on transactions) the SoV narrative collapses, and you're left is a speculative bubble. Arguably this has already happened as we can see several more used alts outperforming Bitcoin (namely XMR to stroke our dicks a bit).
A currency must be a good medium of exchange with low inflation FIRST to become something that you can save your wealth in, not the other way around.

[Anonymous No.53234087]

here's the chadfolio:

>BTC
>LINK
>ETH
>XMR

=BLEX

[Anonymous No.53234104]

>>53228838
Wownero is gold

[Anonymous No.53234116]

>>53234087
No, here's the chadfolio:
>XMR
>WOW

[Anonymous No.53235145]

>>53229731
It seems to be always stuck for some reason. I guess it's time to reformat my partition ...

[Anonymous No.53236059]

>>53231023
the funny thing about taproot is it's not adding shit to privacy for now. cross input signature aggregation has been postponed indefinitely so it does nothing for coinjoins.

[Anonymous No.53236066]

>>53236059
the other funny thing about taproot is people who are basically doxxed spooks working for national intelligence agencies had a key role in the implementation and verification of it.

[Anonymous No.53236200]

>>53234035
bitcoiners disregarding the medium of exchange role was the biggest mistake in this century. but curiously there is a serious amount of development going into practical pos and integrated online payments. despite the narrative going full tilt against that.

seems like the builders are just building, and don't care about the morons screeching.

[Anonymous No.53236213]

>>53236200
he big difference between xmr and bitcoin is the priorities.

bitcoin is scaling first privacy later. monero is privacy first scaling later. idk which one will win.