[XMR] Monero - A secure, private, untraceable cryptocurrency

[johnfoss]

THE MONERO MOON (ISSUE 37) IS OUT NOW!

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

https://www.themoneromoon.com/p/the-monero-moon-issue-37

[Hueristic]

A group of Monero enthusiasts, apparently fed up with centralized exchanges, has said on social media that it’s planning an XMR “bank run” on April 18.

https://decrypt.co/98023/monero-faithful-threaten-bank-run-on-centralized-exchanges


Fuck these fractional reserve naked shorting cock suckers.

[smooth]

Don't keep your coins on an exchange. Same story as 8 years ago. Same story 8 years from now. Just don't.

[Hueristic]

https://www.vice.com/en/article/qjb9n3/monero-owners-mass-withdrawal-monerun

The "Monerun" is aimed at exposing whether exchanges are selling more private crypto than is in their reserves.

[Hueristic]

Don't keep your coins on an exchange. Same story as 8 years ago. Same story 8 years from now. Just don't.

N00bs need to be continually reminded unfortunately.

[menoiazei]

 Awesome pump !!!
 While everything red community force the price up (not that fiat hyper inflated shitcoin price means anything anyway) 
Monero should do wallstreetbets GameStop style pump just for the fun of it 1 XMR = 1 XMR

[forward_habit_9365]

Don't keep your coins on an exchange. Same story as 8 years ago. Same story 8 years from now. Just don't.

N00bs need to be continually reminded unfortunately.

New people entering the space every day as well, doesn't hurt to inform them either

[bct_ail]

Want to change USDT to XMR. Is https://godex.io/ a good solution for that? Does anyone have any experience with this service? I didn't see any information regarding kyc on their homepage.

[tbearhere]

Is Monero hardfork going to change the algorithm? thx 

[Hueristic]

Want to change USDT to XMR. Is https://godex.io/ a good solution for that? Does anyone have any experience with this service? I didn't see any information regarding kyc on their homepage.

No clue but found this thread.

https://www.reddit.com/r/Monero/comments/frrql9/say_go_kyc_yourself_to_all_registrations_and_swap/

Is Monero hardfork going to change the algorithm? thx 

No, just a change in ring size. Increase to 16.

[phishead]

Want to change USDT to XMR. Is https://godex.io/ a good solution for that? Does anyone have any experience with this service? I didn't see any information regarding kyc on their homepage.

Best bet imo is changenow.io ... they do a pretty good job and will only flag your account/need you to go through kyc hoops if you send them tainted/suspicious coins.  Even then, they will refund you if you don't want to go through with all of it.

Either that or see what's available on localmonero.co

[bct_ail]

Want to change USDT to XMR. Is https://godex.io/ a good solution for that? Does anyone have any experience with this service? I didn't see any information regarding kyc on their homepage.

No clue but found this thread.

https://www.reddit.com/r/Monero/comments/frrql9/say_go_kyc_yourself_to_all_registrations_and_swap/

Thank you. I discovered this entry, which is only 2 months old. So it seems that it still works without KYC:
https://www.reddit.com/r/xmrtrader/comments/svftnt/xmr_is_available_on_godex_always_fixed_rate/hxjm853/?context=3

------------------

Best bet imo is changenow.io ... they do a pretty good job and will only flag your account/need you to go through kyc hoops if you send them tainted/suspicious coins.  Even then, they will refund you if you don't want to go through with all of it.

Either that or see what's available on localmonero.co

Thank you too. Will not have any tainted/suspicious coins in my case. So there should be no problem.

----------------

https://changenow.io/ was also mentioned here: https://web.getmonero.org/community/merchants/#exchanges
I think this page is still up to date.
I also discovered https://unstoppableswap.net/. Although it is not suitable for my case (USDT --> XMR), it is really interesting.

[cAPSLOCK]

Don't keep your coins on an exchange. Same story as 8 years ago. Same story 8 years from now. Just don't.

Sage advice.

To be honest I have always felt like keeping your coins in the custody of a third party just about completely misses the point of Bitcoin (and Monero).  It generally costs almost nothing to withdraw them.  Back when I played poker for corn I never left any funds on the site.  I deposited/withdrew each time. The ability to do that was part of the wonder of Bitcoin.  That part was new.

[johnfoss]

THE MONERO MOON (ISSUE 39) IS OUT NOW!

Bumper issue for you guys this week.

Hopefully it provides insight into how much Monero has grown!

https://www.themoneromoon.com/p/the-monero-moon-issue-39

[Hueristic]

https://nitter.42l.fr/HavenoDEX/status/1518149918485065728

[cAPSLOCK]

https://nitter.42l.fr/HavenoDEX/status/1518149918485065728

Yeah... this is a super tone deaf move on the part of the Haveno crowd.  Also possible they were paid to do it.  I also see the complaints from team Monero-fanboys to be fairly hollow as why shouldn't we offer X trading pairs?  If there is a market to and from XMR<>ZEC then why shouldn't the include it?  Let people who want to take on ZEC do so?

Anyway... they should have known this would blow up in their faces.

[johnfoss]

THE MONERO MOON (ISSUE 40) IS OUT NOW! Grab a coffee or a beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://www.themoneromoon.com/p/the-monero-moon-issue-40

[Hueristic]

Zcash’s problem

The issue is not Zcash’s design—its “zk-SNARKs” cryptography is very solid.

According to the researchers, a lot of the privacy coin’s woes can be, er, traced back to how very few Zcash users choose to make use of the “shielded pool” that stops outsiders from connecting the dots between transactions.

Monero’s moment

None of this is to say that those who are hoping for privacy when they are making crypto payments need to give up and go back to cold, hard cash.

The university found that Monero’s approach means that it is “much harder” to trace transactions. This altcoin has existed since April 2014. One of its primary features involves a single-use address being generated every time a transaction is made. In January 2017, ring signatures were introduced to narrow traceability further. This concept effectively adds decoys so outsiders will find it much harder to deduce who authorized a transaction.

Although researchers found that a handful of XMR transactions are fully deducible, their study added: “The percentage of partially or fully deducible transactions has been nearly zero for over two years.” In part, Carnegie Mellon attributed Monero’s success to how it has been increasing the number of decoys involved in its ring signatures feature.

“The anonymity of Monero has evolved to a large extent in the recent few years,” the authors said. “Compared to the version three years ago, current Monero transactions can be conducted with superior anonymity with the introduction of new techniques like RingCT.”

https://modernconsensus.com/cryptocurrencies/alt-coins/without-a-trace-not-zcash-researchers-warn/

[johnfoss]

https://www.themoneromoon.com/p/the-monero-moon-issue-41

[jwinterm]

Shill shill shill

Ok shiller