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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4667227 times)
johnfoss
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February 17, 2022, 09:57:40 AM
 #42241

THE MONERO MOON (ISSUE 31) 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://medium.com/themoneromoon/the-monero-moon-issue-31-39f3fbe6db5a
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 17, 2022, 01:34:37 PM
Merited by vapourminer (1), Hueristic (1), bitebits (1)
 #42242

Is Monero under some heavy attack or what?
One pool had over 50% of hashrate and this is very centralized and dangerous.
If you are mining monero switch to some other pool asap!


Quote
MineXMR hashrate drops from 50% to 38% after Monero community decentralization efforts

https://www.monero.observer/minexmr-top-monero-pool-hashrate-drops-from-50-to-38-percent/

Yes! I saw that earlier today.  Kind of inspiring, really.  The community is stronger than so many other projects.

There are currently 11709 Monero public nodes.  That is effing amazing.  There are only 15k BTC ones (Of course both of these numbers do not tell the WHOLE story).
BTC :15k
XMR: 11.7k
BCH 1k
BSV 36 (lol)
LTC 1330
DOGE 1450
ZCASH 285

Monero is so much more important than most realize. 

you forgot

ETH : 1


Cheesy

HAHA~!  That is a good point.  I suppose good old lazy eye Bezos really is the Ethmaster.

OK!  Just another plug for p2pool.io

This is some cypherpunk shit.  So much coolness happening with monero and no one notices.  You get all the advantages of solo mining with all the advantages of a pool.


I am hoping I can figure out how to slow down the payout, but that may not be possible... not sure.  But that pic is ~5 hours of payouts.  I suppose after I get a zillion of these little UTXOs I will combine them just because they make me itchy.

But then again, Monero as the chain to do this on is perfect as the fees are great.

I know it's probably somewhat wishful... But you know how different fads have kind of come around for a second run over all the years in crypto as a universe?  ETH itself gives way to ICOs gives way to NFTs?  It's like the same garbage gets packaged over and over... and if one is smart (and very lucky) one can benefit from this arrangement.

Well legitimate use cases do as well.  We see it in Bitcoin alone.   In the beginning only a select few really understood why cryptographicly sound transactions would be hard to stop, and hard to censor.  I would love to put myself in this group of people who "got it" early on.  But not really... I just wanted to play poker for something that had value but was not the USD.  But as I played, I began to see why this was not just "Everquest platinum" and it had value.  And over even more time I was able to start to understand why Bitcoin would change the world.

Unfortunately for me, when I evaluated Ethereum what I saw was a HUMONGOUS attack surface and an overly complex sort of Rube-Goldberg machine that was just a bad idea.

Oh, the ETH I didn't buy. LOL.  I was right about the project.  But wrong in assuming that most other people would not fall for it.

I saw several other alts come along.  Litecoin.  Really nothing new, and a marketing slogan that had everything but a real reason to actually mean anything.  Peercoin, namecoin, solidcoin... lol remember that one? What a turd that was.  And then Counterparty!  That was the first one that really did something new.  But it wasn't just a shitcoin.  Never really went anywhere though... And Stacks (Stax?) seems to have stole it's mojo, while having the stink of a shitcoin.

And then Monero.

Wow.  I was immediately amazed.  The main thing about Monero was, it was everything that Bitcoin was but with an obfuscated blockchain.  Privacy was a legit sell.  I saw it as the first project that could exist with bitcoin but still be valuable.  It could exist along side bitcoin and do something Bitcoin never could.  I came onboard.

Well "privacy coins" never really had a heyday aside from a little action bestowed on them by John MacAfee.  And I think that is kind of a good thing.

Why?

Because we are in the middle of the world waking up and "getting" bitcoin.  Thanks to the coordinated attack on western democracies the knife's edge is waking up to seeing the money destroyed, and they know they have very few choices for places they can protect their value.  And Canada just announced it would begin freezing the bank accounts of people they decide are acting the wrong way.

And yet bitcoin cannot be stopped.  So we are about (aboot? lol) to see an explosion of interest in Bitcoin bigger than any previous market.  By a LOT.

But, some of those folks are also going to realize that bitcoin, being transparent has a feature that is also a liability.  And Monero makes a different tradeoff, which creates a DIFFERENT feature set (and different liabilities).  Yes smart contract platforms are interesting.  NFTs are fun to look at.  But the smart money is most likely starting to see that value Privacy is going to be something worth investing in.

I think Monero's first real big explosion is still ahead of us.  It never really got the attention it deserved for a good reason.  

Who needed it?  Not the honest people.  Just the drug dealers.  Because the world still made sense, and if you played by the basic set of rules then having value in a transparant blockchain was not a bad tradeoff.  Well, it is becoming one.

I guarantee you Michael Saylor has thought about Monero, and probably sees it differently than the "VC projects" of things like smart contract chains.  He even said it in an interview when asked.  If someone was in an oppressive regime then Monero might make sense.  He sees the difference.  It is basically bitcoin with privacy, and more risk in auditability.

Well the peac  eful world in which ordinary citizens can get by without financial privacy is going away.  And it's not that PETTY CRIMINALS are becoming more sophisticated and attacking Bitcoin whales.  It's world governments beginning to turn that way.

Sadly, we are on the edge of a dystopia, and that is exactly what Monero was made for.  Some of you have been around here for as long as me.  A few even longer.  None of us wants what I see coming, I am sure...  but thank goodness for Bitcoin, AND Monero.
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February 17, 2022, 02:40:04 PM
Merited by Hueristic (1), cAPSLOCK (1)
 #42243

As soon as its in the gui i'll do it.  

I got sick and tired of dealing with baby sitting mining rigs at least 5 years ago.
It will be integrated into the GUI soon: https://github.com/monero-project/monero-gui/pull/3829

I am hoping I can figure out how to slow down the payout, but that may not be possible... not sure.  But that pic is ~5 hours of payouts.  I suppose after I get a zillion of these little UTXOs I will combine them just because they make me itchy.
If you switch to p2pool-mini, you'll get bigger payouts on average because you'll have more shares in the PPLNS window.
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February 17, 2022, 03:25:08 PM
Merited by cAPSLOCK (1)
 #42244

This made me laugh far more than it should have! Cheesy
WTG Chu

https://twitter.com/hoofnagle/status/1493958297262575620

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 19, 2022, 12:03:21 AM
 #42245

Quote
Cryptobie
When Bitcoin was launched in 2009, it solved the decentralization problem. It allowed people to make secure transactions without the need for a centralized authority or an intermediary. Monero on the other hand solved the problem of privacy, by Allowing people to have full privacy of their transactions, and their money. In this video you will know what is monero, and its story. How Monero actually works, differences between Monero and bitcoin, some tokenomics of Monero, and finally how to buy and store monero.

https://www.youtube.com/watch?v=ZPke3-bdfD0

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 19, 2022, 05:22:45 AM
 #42246

Quote
Cryptobie
When Bitcoin was launched in 2009, it solved the decentralization problem. It allowed people to make secure transactions without the need for a centralized authority or an intermediary. Monero on the other hand solved the problem of privacy, by Allowing people to have full privacy of their transactions, and their money. In this video you will know what is monero, and its story. How Monero actually works, differences between Monero and bitcoin, some tokenomics of Monero, and finally how to buy and store monero.

https://www.youtube.com/watch?v=ZPke3-bdfD0

My only problem with this is they call it:

Mahn-AIR-oh

Similarly MAC-uh-fee (or was it muh-CAFF-ee?) used to say: moe-NAY-ro .

And another seemingly popular one is: Moe-NEE-ro which rhymes with zero.

All wrong.

In fact, the correct way of saying it is: Muh-NAIR-oh. (ma-NEH-ro?)

Otherwise a great vid-AY-oh.

Also... this was made minute ago...


LAHT-uh-pie?
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February 19, 2022, 05:45:13 AM
Last edit: February 19, 2022, 06:03:07 AM by Hueristic
 #42247

Quote
Cryptobie
When Bitcoin was launched in 2009, it solved the decentralization problem. It allowed people to make secure transactions without the need for a centralized authority or an intermediary. Monero on the other hand solved the problem of privacy, by Allowing people to have full privacy of their transactions, and their money. In this video you will know what is monero, and its story. How Monero actually works, differences between Monero and bitcoin, some tokenomics of Monero, and finally how to buy and store monero.

https://www.youtube.com/watch?v=ZPke3-bdfD0

My only problem with this is they call it:

Mahn-AIR-oh

Similarly MAC-uh-fee (or was it muh-CAFF-ee?) used to say: moe-NAY-ro .

And another seemingly popular one is: Moe-NEE-ro which rhymes with zero.

All wrong.

In fact, the correct way of saying it is: Muh-NAIR-oh. (ma-NEH-ro?)

Otherwise a great vid-AY-oh.

Also... this was made minute ago...


LAHT-uh-pie?

Yeah just posted Feb 7, 2022.

It looked like a good link to have lying around to throw at people that you didn't want to waste the time going over basics with.

Grateful for today?...wat?

Edit: ahh I see what you mean, no he was listing original devs that forked from thankful.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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February 20, 2022, 02:54:39 PM
Merited by Hueristic (1)
 #42248

Thanks everyone 👍

https://www.reddit.com/r/Monero/comments/sw2g56/5_years_journey_monerobenchmarksinfo

RAVENCOIN BENCHMARKS-> https://ravencoinhashrate.space/
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February 26, 2022, 05:19:18 PM
 #42249

Feather is by far the most underrated Monero project of all.

-Solid familiar interface (Electrum clone)
-Compatible with hardware wallets
-Extremely lightweight
-Portable single executable on Windows and Mac
-Appimage for Linux/Tails
-Super useful (but semi-proprietary) seed system that includes seed genesis date - 14 words. (Has an underlying 24 word seed though)
-Integrated TOR
-Integrated Price in Fiat
-Integrated Local Monero (Exchange)
-Integrated News, and dev fund etc.
-Integrated mining.

It's really the best desktop Monero wallet... Period.
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March 02, 2022, 06:22:35 AM
 #42250

THE MONERO MOON (ISSUE 32) 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://medium.com/themoneromoon/the-monero-moon-issue-32-6f07536e8496
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March 07, 2022, 03:43:41 AM
Last edit: March 08, 2022, 12:07:03 AM by goosethegoat
 #42251

BTC :15k
XMR: 11.7k
BCH 1k
BSV 36 (lol)
LTC 1330
DOGE 1450
ZCASH 285

Monero is so much more important than most realize.  

Where did you get this info?

I’d love to share with some friends


How reliable is this data - the sources I find are all conflicting. I show:

BTC : 8k - 50k [ https://blockchair.com/bitcoin/nodes / https://bitnodes.io/ / https://luke.dashjr.org/programs/bitcoin/files/charts/software.html ]
XMR: 3k - 10k [ https://monerohash.com/nodes-distribution.html / https://monero.fail/map ]
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March 10, 2022, 11:10:40 AM
 #42252

THE MONERO MOON (ISSUE 33) 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-33-718ac0e08435?s=r

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March 17, 2022, 05:12:01 AM
Merited by Hueristic (1)
 #42253

THE MONERO MOON (ISSUE 34) 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

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March 18, 2022, 04:10:25 AM
 #42254

Thinking about getting into mining XMR.  What's the best GPU and how many do I need to mine a reasonable amount?  Thanks!

1PewuG8KZJUPK3CtvAkAs1Uw42rQgUv5Jk
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March 18, 2022, 04:18:15 AM
Last edit: March 18, 2022, 07:21:03 AM by mprep
 #42255

Thinking about getting into mining XMR.  What's the best GPU and how many do I need to mine a reasonable amount?  Thanks!


monero is a legit VIRUS =D ;LOL =EOM=



THE MONERO MOON (ISSUE 34) 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



john left the room /? or kicked



THE MONERO MOON (ISSUE 34) 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



fluffly dik kiked or just gone with bags of $$$

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March 20, 2022, 06:26:38 PM
 #42256

And heck, I posted this on the speculation thread, so I'll do the same here. It's Crypto Kingdom (CK) related, which all the XMR oldheads should at least have a passing familiarity with...

I periodically check this thread [XMR Speculation] and saw a couple comments regarding Risto (rpietila). This is somewhat off topic, but I'd like for someone to do something with this Crypto Kingdom (CK) stuff. I know it wasn't handled properly from a crypto standpoint, but this was essentially one of the first semi-complicated crypto-connected games that I'm aware of. If Risto had tied the assets into ERC-20 or something, maybe we'd be talking about CKPunks instead of CryptoPunks all over the financial news... Cry

If anyone is interested, I would like to sell the following domains related to CK:

cryptokingdom.me
cryptokingdom.com
cryptokingdom.gold


The .me domain was the original one Risto used, and I had to acquire the .com on the secondary market since he didn't think to register it when he started the project.

Additionally, I am willing to sell the complete game database and source code. The code is nothing fancy at all. Actually you'll be shocked at how bad it is considering how much Risto spent on it. But someone could possibly use the database and historic price data to create NFTs or a reboot or something. I mean there are some insane levels of "proof of burn" or "proof of value" to Crypto Kingdom items, considering items as pointless as unicorns went for 1000+ XMR in the past.

The database also has user email and account information, so if you wanted to airdrop assets to old users, it is possible for those that included a way to recover their accounts.

Please contact me via direct message if interested.
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March 25, 2022, 07:11:02 PM
 #42257

https://odysee.com/should-you-use-monero-for-privacy:f65d763aa2294a83f7194c3522b3c26c5fd6f68a

Quote
In this Bitcoin Q&A, Andreas discusses the pros and cons of using Monero vs Bitcoin for privacy.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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March 28, 2022, 08:55:42 PM
 #42258

The database also has user email and account information, so if you wanted to airdrop assets to old users, it is possible for those that included a way to recover their accounts.

I don't know this game. But I hope that the email addresses are encrypted and that there is no private data of the users. A privacy-focused cryptocurrency and resale of email addresses it kind of odd.
But I hope that the users already knew about the risks at that time and didn't use addresses and data that can be traced.
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March 31, 2022, 06:57:17 AM
Merited by Hueristic (1)
 #42259

THE MONERO MOON (ISSUE 36) IS OUT NOW!

Feel free to have a read Monero OGs.

https://www.themoneromoon.com/p/the-monero-moon-issue-36

Cheers,
John
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March 31, 2022, 07:08:25 PM
 #42260

Quote
Any CBDC implemented by the Fed must be open, permissionless, and private. This means that any digital dollar must be accessible to all, transact on a blockchain that is transparent to all, and maintain the privacy elements of cash.

Sounds familiar but I just can't put my finger on it.

https://twitter.com/RepTomEmmer/status/1481283945492852743

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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