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

[Hueristic]

I was just checking some Monero network statistic here: https://bitinfocharts.com/comparison/monero-hashrate.html.
And now I wonder why hashrate has fallen so dramatically in May? Is that a mistake or was there any major event which caused this?

I also find number of Monero transactions interesting, there is actually not a lot of them. Even Doge has approximately 5x more transactions on average. https://bitinfocharts.com/comparison/transactions-xmr-doge.html What do you guys think is the reason for this? Not enough exposure of XMR, fees, complexity, UI?

ASICs had been stealth mining and the algo was changed to cryptonight v7 to thwart them.

https://1stminingrig.com/monero-cryptonight-v7-and-sumokoin-hardforks-all-you-have-to-know/

[7jaka7]

Thanks Jason.W and Hueristic.

I would advise you to seek an answer to your dogecoin question in one of the outlets where dogecoin is often discussed.

I just used Dogecoin for comparison... You can check other coins too. I don't know why but I thought there would be more transactions on Monero network.
I was thinking about this later on and realized that number of transactions really doesn't matter. There is probably a lot of "spam" transactions on other networks and we don't want this with Monero since it would only result in bigger blockchain filled with these transactions. If we are considering fee cost it is logical that people are using other coins for non-private transactions.

[visionary]

Monero coin is in the top 10 of all cryptocurrencies in the world. I think that it is very promising and I keep it in my portfolio.

[florida.haunted]

Monero coin is in the top 10 of all cryptocurrencies in the world. I think that it is very promising and I keep it in my portfolio.

Monero is the only coin today with completely trust-less privacy and anonymity, unlike ZCash-family coins based on zk-snark algorithm that depends on initial secret key generation trust.

Also Monero is the only coin today with long-known and well-studied Cryptonight algorithm, published and discussed in peer-reviewed scientific journals since year 2000.

Other coins attract users by either sparkling but unverified new ideas like ZCash/zk-snark or just hard PR management like Dash.

There are many areas of human activity to get spontaneous risks, like smart contracts, internet of things, etc. So may coins like ETH, IOTA, etc. offer you a chance to get risks.

But, privacy and anonymity is other completely different area. If you want to stay anonymous and private, you apparently don't want to get risks. That's why Monero is the only reasonable private and anonymous coin.

[elrippos friend]

Hy guys,

that's quite a funny one

[elrippos friend]

By the way,

how is kovri doing?

[coloseum]

Monero coin is in the top 10 of all cryptocurrencies in the world. I think that it is very promising and I keep it in my portfolio.

In reality, Monero has been ranked in top-10 of coins in CMC for months.
It's really normal because Monero is a good project, and it deserves to be ranked in top positions on CMC.

[Anon136]

By the way,

how is kovri doing?

Wasn't alpha software just recently released? We actually have a buildable functional kovri for the first time now as I understand it. Seems good.

[florida.haunted]

By the way,

how is kovri doing?

Wasn't alpha software just recently released? We actually have a buildable functional kovri for the first time now as I understand it. Seems good.

I confirm that. All the previous releases have the status "alpha-rc", i.e. "pre-alpha". Official alpha has been released just few weeks ago:
https://github.com/monero-project/kovri/releases/tag/v0.1.0-alpha

Monero/Kovri devs do have just one disadvantage: a very... VERY poor PR activity. They often do the great things in total silence. They probably think the github activity is completely sufficient source of a new information for the whole community.

[elrippos friend]

By the way,

how is kovri doing?

Wasn't alpha software just recently released? We actually have a buildable functional kovri for the first time now as I understand it. Seems good.

I confirm that. All the previous releases have the status "alpha-rc", i.e. "pre-alpha". Official alpha has been released just few weeks ago:
https://github.com/monero-project/kovri/releases/tag/v0.1.0-alpha

Monero/Kovri devs do have just one disadvantage: a very... VERY poor PR activity. They often do the great things in total silence. They probably think the github activity is completely sufficient source of a new information for the whole community.

That's good news though, i am eager about the security benefits it brings 

[Anon136]

They probably think the github activity is completely sufficient source of a new information for the whole community.

Maybe it is? This isn't a price pumping project as I understand it.

[CanErik]

Hi;

I really don't understand Monero community. This project is not providing 100% privacy like Verge... but they are still chasing.

Kind reagards

[Anon136]

Hi;

I really don't understand Monero community. This project is not providing 100% privacy like Verge... but they are still chasing.

Kind reagards

I wish they had troll points like merit points. That one is pretty good.

[pönde]

By the way,

how is kovri doing?

Wasn't alpha software just recently released? We actually have a buildable functional kovri for the first time now as I understand it. Seems good.

I confirm that. All the previous releases have the status "alpha-rc", i.e. "pre-alpha". Official alpha has been released just few weeks ago:
https://github.com/monero-project/kovri/releases/tag/v0.1.0-alpha

Monero/Kovri devs do have just one disadvantage: a very... VERY poor PR activity. They often do the great things in total silence. They probably think the github activity is completely sufficient source of a new information for the whole community.

Yea that is a problem. Even getmonero.org is not properly updated. For example there was not info of GUI-problems. There were wrong wallet version numbers. The moneropedia https://getmonero.org/resources/moneropedia/ is inadequate. The team does anyway great job, but due to lack of PR, it is very difficult for ordinary people to get knowledge of Monero through all the noise of crypto.

What do you people think? Is this lack of communication conscious or just lack of situational awareness?

I guess the Monero community could have have some capabilty to arrange reasonable site and campaign for the possible future Monero users.

[Kennet_h]

Hello!

I downloaded the Monero GUI wallet. Started the monero app on my ledger, and created a new address for the ledger, in the Monero wallet. Im waiting for the wallet to sync now. will the wallet work just as normal? The only difference, is that i will have to conect the ledger, to be able to send Monero?

And i dont have to keep the ledger connected, while the wallet is syncing?

Sorry for the noob questions:P

[florida.haunted]

Yea that is a problem. Even getmonero.org is not properly updated. For example there was not info of GUI-problems. There were wrong wallet version numbers. The moneropedia https://getmonero.org/resources/moneropedia/ is inadequate. The team does anyway great job, but due to lack of PR, it is very difficult for ordinary people to get knowledge of Monero through all the noise of crypto.

What do you people think? Is this lack of communication conscious or just lack of situational awareness?

I guess the Monero community could have have some capabilty to arrange reasonable site and campaign for the possible future Monero users.

Meanwhile, one site is found by me as useful aggregate of all the Monero-related info & help:
https://www.monero.how

Hope it will help the newbies...

[Odeoke]

Hi;

I really don't understand Monero community. This project is not providing 100% privacy like Verge... but they are still chasing.

Kind reagards

I wish they had troll points like merit points. That one is pretty good.

That is very old trick to advertise the shit in promising project but now people are more smarter than before so this is not working anymore.

[gembitz]

By the way,

how is kovri doing?

Wasn't alpha software just recently released? We actually have a buildable functional kovri for the first time now as I understand it. Seems good.

I confirm that. All the previous releases have the status "alpha-rc", i.e. "pre-alpha". Official alpha has been released just few weeks ago:
https://github.com/monero-project/kovri/releases/tag/v0.1.0-alpha

Monero/Kovri devs do have just one disadvantage: a very... VERY poor PR activity. They often do the great things in total silence. They probably think the github activity is completely sufficient source of a new information for the whole community.

That's good news though, i am eager about the security benefits it brings 

if XMR was really private you wouldn't even need this! bwaahaha

[pönde]

Yea that is a problem. Even getmonero.org is not properly updated. For example there was not info of GUI-problems. There were wrong wallet version numbers. The moneropedia https://getmonero.org/resources/moneropedia/ is inadequate. The team does anyway great job, but due to lack of PR, it is very difficult for ordinary people to get knowledge of Monero through all the noise of crypto.

What do you people think? Is this lack of communication conscious or just lack of situational awareness?

I guess the Monero community could have have some capabilty to arrange reasonable site and campaign for the possible future Monero users.

Meanwhile, one site is found by me as useful aggregate of all the Monero-related info & help:
https://www.monero.how

Hope it will help the newbies...

That is a very good site.

Getmonero.org could be like it, even it does not has to be so detailed. Also XMR needs active PR campaing to tell what privacy and fungibility are and why Monero has them.

[7jaka7]

if XMR was really private you wouldn't even need this! bwaahaha

Do you know what Kovri does? I assume not... As far as I understand it, it hides IP from which transaction is sent. Correct me if I am wrong. And can you tell me better privacy coin then XMR and constructive reason on why it is better?

Yea that is a problem. Even getmonero.org is not properly updated. For example there was not info of GUI-problems. There were wrong wallet version numbers. The moneropedia https://getmonero.org/resources/moneropedia/ is inadequate. The team does anyway great job, but due to lack of PR, it is very difficult for ordinary people to get knowledge of Monero through all the noise of crypto.

What do you people think? Is this lack of communication conscious or just lack of situational awareness?

I guess the Monero community could have have some capabilty to arrange reasonable site and campaign for the possible future Monero users.

Watch this: https://youtu.be/KqhRZfKRriU?t=21m53s I also recommend you to watch whole interview.
+ If you want Monero to have more PR then do something about it.