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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4641258 times)
visdude
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September 20, 2019, 06:16:22 PM
 #41061


I haven't really been following the mobile wallet scene. That said, is there currently one (preferably FOSS for Android) that's capable of importing a view-only wallet from monero-gui for primarily montoring incoming transactions/balances in real time while I'm out and about?

https://www.monerujo.io/


Thanks. I'll check it out. I actually installed one of the early releases of Monerujo and explored it a little bit but never got to use it. I don't think the view-only wallet feature was implemented back then.



BTW, is a local node option something being considered to be implemented sometime on Monerujo? I mean, Micro SD cards are so cheap nowadays. USB OTG card readers are dirt-cheap as well and very compact nowadays. For the life of me, I just couldn't get my node at home to work (unable to remotely connect); and I've played around with it quite a bit.

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Millionero
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September 20, 2019, 11:34:33 PM
 #41062

The Monerujo Android wallet has an option to add nodes manually but I haven't used it.  Try adding your node to the wallet and let us know how you fare.
Hueristic
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September 21, 2019, 03:49:27 AM
 #41063

SHUM...sorry. did I say some thing wrong?

Do you even need to say that?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
dEBRUYNE
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September 21, 2019, 07:21:05 AM
 #41064


I haven't really been following the mobile wallet scene. That said, is there currently one (preferably FOSS for Android) that's capable of importing a view-only wallet from monero-gui for primarily montoring incoming transactions/balances in real time while I'm out and about?

https://www.monerujo.io/


Thanks. I'll check it out. I actually installed one of the early releases of Monerujo and explored it a little bit but never got to use it. I don't think the view-only wallet feature was implemented back then.



BTW, is a local node option something being considered to be implemented sometime on Monerujo? I mean, Micro SD cards are so cheap nowadays. USB OTG card readers are dirt-cheap as well and very compact nowadays. For the life of me, I just couldn't get my node at home to work (unable to remotely connect); and I've played around with it quite a bit.



What kind of error did you incur?

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
pressing207
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September 21, 2019, 10:41:10 AM
 #41065

Altcoin winter has melted down a few weeks ago, warmed up slowly and now we have altcoin season. Any kinda news that has negative effects on prices of altcoins at the current period is only temporary and simply trigger corrections. After corrections of this round finish, altcoins will start rising up again.

Monero, in fact, was affected a lot by bad news in the recent months (FUDs, more exactly in my opinion), now it is time to rally and intensively rock.

Awesome, LET’S DO THIS! Surely the market will see just how superior Monero is than Bitcoin.

...


Of course! Give! Where to start?

wywoc
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September 21, 2019, 05:43:32 PM
 #41066

Altcoin winter has melted down a few weeks ago, warmed up slowly and now we have altcoin season. Any kinda news that has negative effects on prices of altcoins at the current period is only temporary and simply trigger corrections. After corrections of this round finish, altcoins will start rising up again.

Monero, in fact, was affected a lot by bad news in the recent months (FUDs, more exactly in my opinion), now it is time to rally and intensively rock.
Yes, maybe the winter was over, but we can't predict when the spring will come. BTC maybe will have the big move (Break out or Break down) in the next few days, and after that the fate of altcoins will be determined. XMR has the FUD about delisting on OKEx Korea, and its price has not seen any positive movement. So I think alt seasons will not come yet.
DonInvestor
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September 22, 2019, 02:04:11 PM
 #41067

Upbit delisted Monero(XMR), Dash(DASH), ZCASH(ZEC), Haven(XHV), BitTube(TUBE), PIVX(PIVX) as well end of september which means companies and institution under regulation can't service anonymous cryptocurrencies. If the trends will keep then during the next bubble will be hard to increase price significantly. Maybe some institution don't want to have anonymous coins due to lack of control the customers.
Last of the V8s
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September 22, 2019, 05:25:23 PM
 #41068

https://medium.com/@elronvhubbard/themonera-art-puzzle-write-up-a1211206c01d
huh. notbad.pic

florida.haunted
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September 22, 2019, 06:00:40 PM
 #41069

Hi guys!

I've just compiled XMRig with RandomX, the only test pool I found is randomx-benchmark.xmrig.com:7777. But this is not 100% suitable for testing purposes: for example I can't see "accept" messages for shares.

Does anybody know another pool to test XMRig/RandomX? And estimate date for next fork to RandomX?
clonely
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SEND AND RECEIVE MONEY INSTANTLY


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September 22, 2019, 06:27:11 PM
 #41070


I've never seen like this image. It is awesome.

dEBRUYNE
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September 22, 2019, 07:06:00 PM
Merited by Hueristic (1)
 #41071

Upbit delisted Monero(XMR), Dash(DASH), ZCASH(ZEC), Haven(XHV), BitTube(TUBE), PIVX(PIVX) as well end of september which means companies and institution under regulation can't service anonymous cryptocurrencies. If the trends will keep then during the next bubble will be hard to increase price significantly. Maybe some institution don't want to have anonymous coins due to lack of control the customers.

Pasting my reddit comment:



The FATF guidance does not even prevent privacy coins from being listed on an exchange, as long as the exchange enforces KYC/AML for the users. I ascribe the recent events to an overzealous and erroneous interpretation of the guidance by the compliance department of the exchange in question. It further should be noted that, for instance, Binance and Kraken still cater to Korean users. Additionally, see a relevant comment of mine below:



My response to the following article: OKEx Korea delisting all privacy coins, including Monero, Zcash and Dash, as these ‘violate’ FATF’s 'travel rule' - The Block



Quote
as these ‘violate’ FATF’s 'travel rule'

I don't think this is the case actually. As long as they enforce KYC/AML for each account, they should be able to tie deposits and withdrawals to a certain person. In addition, they can send this information to another service (which is essentially what the travel rule is about) in case a direct withdrawal (i.e. a withdrawal to another service) is made.

People should also bear in mind that FATF merely makes recommendations:

Quote
Importantly, FATF doesn't have *any* regulatory authority of its own. FATF makes recommendations, not laws.

Member countries can adopt all, some, or none of FATF's recommendations. There are basically no repercussions for not adopting (or for violating) FATF recommendations.

The U.S. based exchanges will most likely follow FinCEN's guidance

Quote
As you might expect, the United States doesn't really like having its regulatory policy dictated to it by other countries.

FinCEN (the US regulator in charge of AML/CFT regulation) certainly does consider FATF's recommendations, but rarely adopts them wholesale.

Which was positive for privacy coins:

Quote
People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

The full twitter thread on FATF's guidance can be read here:

https://twitter.com/jchervinsky/status/1142578858589347840

EDIT: To add a few more things:

[1] Monero is private by default and optionally transparent. There are plenty of tools available in Monero that allow one to be compliant with an auditor.

https://monero.stackexchange.com/questions/tagged/auditing

[2] Tari Labs is working on an open source framework for listing Monero.

https://twitter.com/fluffypony/status/1172832896727638017

[3] CoinCenter confirmed in the MoneroKon regulatory panel that almost all exchanges are already mostly compliant with the FATF guidance (because they enforce KYC/AML for each user).

[4] Monero is listed on a lot of U.S. based regulated exchages, services, and OTC desks. I made an overview here:

https://np.reddit.com/r/xmrtrader/comments/c1zkfu/daily_discussion_tuesday_june_18th/ergqhzs/

[5] This only concerns *Korean* users of OKEx.



This subject was also extensively discussed in yesterday's Monero Coffee Chat. I highly recommend watching it:

https://www.youtube.com/watch?v=1y0YeTLbYEc

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
Globb0
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September 22, 2019, 08:38:46 PM
 #41072

Are these guys burning coins when they delist? or stealing them?

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.PLAY NOW.
BITCOINET.NET
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September 22, 2019, 09:38:04 PM
 #41073

OKEX Korea Drops 5 Privacy Cryptocurrencies Citing FATF Rules

The South Korean arm of the Malta-based OKEX exchange announced early on Monday that it is to delist five cryptocurrencies that provide extra privacy features for users. From Oct. 10, the exchange will no longer support trading in Monero (XMR), dash, zcash (ZEC), horizen (ZEN) and super bitcoin (SBTC).

https://www.coindesk.com/okex-korea-drops-5-privacy-coins-citing-fatf-rules

Alot of these coins are traded on P2P exchanges too and these decisions are not affected the price of monero.

I am buying and selling any amount of Bitcoin , Bitcoincash,Monero,dash,Litecoin Ethereum . Rate +or - 5.5%
hd49728
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September 22, 2019, 11:00:22 PM
 #41074

Alot of these coins are traded on P2P exchanges too and these decisions are not affected the price of monero.
I don't deny the fact that elisting news on privacy coins seriously affected price of Monero months ago, but the effects has likely stopped, and recent months such news did not force the price of Monero falling down more. I don't think such things will have more serious effects in the long run,  because even bitcoin has hundreds of fraud accusations, and FUDs over years, but it has still been here and even grown steadily and widely over time. I believe that Monero might adapt and grow in the same path of bitcoin.
If there are still good demands on privacy and privacy coins, Monero will still be here because it is a leader of privacy coin ecosystem, so far.

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BITCOIN
DICE
EVENT
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WIN A LAMBO !

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EastSound
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September 22, 2019, 11:43:13 PM
 #41075

coinbase UK
https://www.crowdfundinsider.com/2019/08/150490-coinbase-uk-delisting-privacy-coin-zcash/

Its not just S.Korean exchanges probably a plot, since some big companies invested in VC coins are coming to the competition.
Hueristic
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September 23, 2019, 12:11:06 AM
 #41076

Upbit delisted Monero(XMR), Dash(DASH), ZCASH(ZEC), Haven(XHV), BitTube(TUBE), PIVX(PIVX) as well end of september which means companies and institution under regulation can't service anonymous cryptocurrencies. If the trends will keep then during the next bubble will be hard to increase price significantly. Maybe some institution don't want to have anonymous coins due to lack of control the customers.

Pasting my reddit comment:



The FATF guidance does not even prevent privacy coins from being listed on an exchange, as long as the exchange enforces KYC/AML for the users. I ascribe the recent events to an overzealous and erroneous interpretation of the guidance by the compliance department of the exchange in question. It further should be noted that, for instance, Binance and Kraken still cater to Korean users. Additionally, see a relevant comment of mine below:



My response to the following article: OKEx Korea delisting all privacy coins, including Monero, Zcash and Dash, as these ‘violate’ FATF’s 'travel rule' - The Block



Quote
as these ‘violate’ FATF’s 'travel rule'

I don't think this is the case actually. As long as they enforce KYC/AML for each account, they should be able to tie deposits and withdrawals to a certain person. In addition, they can send this information to another service (which is essentially what the travel rule is about) in case a direct withdrawal (i.e. a withdrawal to another service) is made.

People should also bear in mind that FATF merely makes recommendations:

Quote
Importantly, FATF doesn't have *any* regulatory authority of its own. FATF makes recommendations, not laws.

Member countries can adopt all, some, or none of FATF's recommendations. There are basically no repercussions for not adopting (or for violating) FATF recommendations.

The U.S. based exchanges will most likely follow FinCEN's guidance

Quote
As you might expect, the United States doesn't really like having its regulatory policy dictated to it by other countries.

FinCEN (the US regulator in charge of AML/CFT regulation) certainly does consider FATF's recommendations, but rarely adopts them wholesale.

Which was positive for privacy coins:

Quote
People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

The full twitter thread on FATF's guidance can be read here:

https://twitter.com/jchervinsky/status/1142578858589347840

EDIT: To add a few more things:

[1] Monero is private by default and optionally transparent. There are plenty of tools available in Monero that allow one to be compliant with an auditor.

https://monero.stackexchange.com/questions/tagged/auditing

[2] Tari Labs is working on an open source framework for listing Monero.

https://twitter.com/fluffypony/status/1172832896727638017

[3] CoinCenter confirmed in the MoneroKon regulatory panel that almost all exchanges are already mostly compliant with the FATF guidance (because they enforce KYC/AML for each user).

[4] Monero is listed on a lot of U.S. based regulated exchages, services, and OTC desks. I made an overview here:

https://np.reddit.com/r/xmrtrader/comments/c1zkfu/daily_discussion_tuesday_june_18th/ergqhzs/

[5] This only concerns *Korean* users of OKEx.



This subject was also extensively discussed in yesterday's Monero Coffee Chat. I highly recommend watching it:

https://www.youtube.com/watch?v=1y0YeTLbYEc


Thanks for all these links dEBRUYNE.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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September 23, 2019, 05:08:27 AM
 #41077

Check out this XMR wallet guide https://www.switchain.com/blog/best-monero-wallets-top-8-monero-wallets-2019/
XxXBigDickXxX
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September 23, 2019, 09:08:37 AM
 #41078

Hello Guys! I have a question! Do e need affraid of quantum PC? Will we protect our chain? Google did 53 qbit Pc!
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September 23, 2019, 02:36:50 PM
 #41079

Hello Guys! I have a question! Do e need affraid of quantum PC? Will we protect our chain? Google did 53 qbit Pc!

Lol 53 qubit personal computer
CryptTech
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September 23, 2019, 04:14:56 PM
 #41080

Why monero together with other anonymous coins try to remove from exchanges?

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