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The original was posted on /r/monero by /u/mmgen-py on 2024-04-12 11:34:58.

Massive spam attack on the Monero network underway: 10117 txs, estimated 69 block (138 minutes) backlog

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The original was posted on /r/monero by /u/Kayro_Official on 2024-04-12 02:31:15.

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The original was posted on /r/monero by /u/Serious-Designer-813 on 2024-04-11 22:33:19.

Hello Guys,

I've been mining monero for 3 years and finally got 1 whole XMR.

I've used multiple computers with slowest CPU being i5-3340M (2 Cores, 3Ghz).

Total number of physical cores across my mining machines(old macbook with broken screen, old dell laptop, intel nuc and desktop PC from 2016) is 12

I know some of you think it's not even worth it and i would agree.

But we all know that mining will get harder over time. And I think, in 10-20 years to gain same number of coins you will need 64 cores CPU.

So I post this to encourage you to use even dated hardware. Remember the best mining rig is the one you already have in a closet.

()

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The original was posted on /r/monero by /u/Spearmint9 on 2024-04-11 20:37:23.

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The original was posted on /r/monero by /u/MoneroFox on 2024-04-11 15:22:55.

They don't seem to like public scrutiny:

Public audit of XMR reserves on April 18th (post in Gate_io_Exchange)

Sorry, this post has been removed by the moderators

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The original was posted on /r/monero by /u/geonic_ on 2024-04-11 05:06:54.

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The original was posted on /r/monero by /u/gr8ful4 on 2024-04-10 21:00:11.

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The original was posted on /r/monero by /u/detherminal on 2024-04-10 01:39:50.

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The original was posted on /r/monero by /u/RuiSiang on 2024-04-10 00:04:30.

Not looking for donation or anything, just feels great to provide stable service to everyone.

One thing though, feel free to follow my twitter ruisiang_tw ?

P.S. I seem to be getting large amounts of incoming traffic for no apparent reason, someone seems to be spamming transactions.

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The original was posted on /r/monero by /u/blario on 2024-04-09 02:43:00.

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The original was posted on /r/monero by /u/CaptainCanaryLLC on 2024-04-07 23:03:42.

I’ve noticed a need in the market, and I’d like to develop an app to fill it.

Essentially an app that functions as a crypto wallet/marketplace for other legal items, as well as a payment system for purchasing crypto with cash by using barcodes generated in the app using an already existing payment processor. No kyc, no id, no fiat stored in the app, zero chargebacks. Basically an easy way to buy/spend crypto legally without kyc.

All this functionality already exists, just needs to be put together. Cakewallet+vanilladirect barcodes+craigslist

Say i want to buy 3 xmr to purchase something listed on the marketplace. I would generate an xmr wallet in the app, then press a buy button. I’d select 3 xmr, the app would show me a price, I’d press “accept and generate barcode”. Then i could take that barcode to a partner of the payment processor (walmart/Walgreens/7-11 etc), take it to customer service, they scan it and accept the cash, the payment is verified by our processor, and 3 xmr is released to the customers wallet (minus fees).

Then the customer can use that 3 xmr to buy the item they want, also in the app.

Supporting additional cryptocurrencies would be ideal.

People are already doing things like this with other methods, but this would streamline the process and add functionality.

Anyone interested in working on this?

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The original was posted on /r/monero by /u/sunchakr on 2024-04-05 16:15:41.

The Future of Zano and the CryptoNote Protocol w/ Andrey Sabelnikov aka Zoidberg PT1 (MT 306)

TODAY'S 🎙SHOW: In part one of this two part episode, Douglas Tuman interviews Andrey Sabelnikov (aka Zoidberg) who worked alongside cryptonote inventor Nicolas Van Saberhagen as the lead developer of the first implementation of the Cryptonote protocol and who went on to create Zano —which can most simply be categorized as a privacy coin version of Ethereum.

Andrey discusses the recent breakthrough enhancements Zano has implemented with its most recent hardfork, Zarcanum. They discuss many new concepts related to Monero and Zano including the concept of confidential assets and private proof-of-stake consensus, and the bold claim that Monero will one day become proof of stake. Andrey even mentions recent conversations with Nicolas Van Saberhagen regarding his take on proof of stake and Monero in general.

Watch Here (YouTube) ➡️

Watch Here (Odysee) ➡️

Listen Here 🎧:

Coffee & Monero, Go to Gratuitas.org today!

Monerotopia23 confer vids: monerotopia.com/videos

FOLLOW US &

Thank you to sponsors, u/cakelabs and u/Stealthex_io as well as u/sunchakr for making these interviews possible! And of course our listeners and supporters for making Monero Talk possible!

Podcasts 🎧 :

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Spotify:

If you enjoy our show please Subscribe, Like, Share, Rate our YouTube Channel & Podcasts. This will help us grow and spread Monero content!

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The original was posted on /r/monero by /u/MoneroFox on 2024-04-07 21:31:35.

• Join the MoneroRun and have all your coins in your own wallet during XMR's birthday.
• Write a tweet, post, blog, comment ... about Monero, how it's doing great and still avoiding Chainalysis or ASICs.
• Turn on your computer and start mining.
• Buy something from a store that accept XMR.
• Ask your favorite store if they would like to accept XMR.
• Stick a sticker on a pole, or tell a random person about XMR.
• ...

Do you have other ideas? Write them in the comments.

Note: This post will be updated based on your great comments.

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The original was posted on /r/monero by /u/fc75jcd8e on 2024-04-06 13:43:45.

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The original was posted on /r/monero by /u/Big-Finding2976 on 2024-04-06 05:37:53.

I just got a Keystone 3 Pro wallet to replace my Ledger Nano X, and it's so much nicer to use with a big colour touchscreen rather than a single line of text and two buttons. This will surely help to persuade people that securely holding crypto in a hardware wallet isn't too complicated for them.

However, it doesn't currently support Monero 😱 so I was wondering if anyone's working on that?

The firmware is open source but I guess they still have the final decision about whether to add Monero. I can't see any reason why they'd refuse though, when their competitors support it.

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The original was posted on /r/monero by /u/sunchakr on 2024-04-06 00:42:52.

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The original was posted on /r/monero by /u/TheDragonMage on 2024-04-05 00:16:51.

When discussions come up here about supporting the network, people always say one or two things: run a node, and mine. This has always irked me a bit and I’ll explain why.

I believe that there are three main ways to support the network:

1. Host a node
2. Mine
3. Use monero for everyday transactions

One and two are mentioned constantly in our community, but three, which I argue is the most important, is not talked about nearly enough.

Some points supporting why using monero for your purchases whenever you can is the best way to support the network:

• monero is supposed to be a private CURRENCY. No amount of mining or hosting nodes will drive adoption of monero. Privacy is very important, but what is the point of a private currency if we aren’t actually using it? We should be focussing on increasing the flow of monero in the economy such that it becomes more like a currency and less like a speculative investment. This is already our greatest strong suit compared to other cryptos, but we are still nowhere close to fiat levels of currency flow
• using monero secures the network from potential spam attacks. Some people here theorized that the spam attack might have been an attempt to break ring signatures. More natural transactions makes it such that less transactions are known to potential bad-actors.

So how do we go about increasing usage? -If you run a business of any kind, start accepting monero as a form of payment. -utilize some of the multiple services that allow purchasing items on amazon using monero. -selling something on craigslist? Accept monero as payment! -taking donations for a project/charity? Accept monero as payment! -get creative! I would love to hear all of your ideas about how we could use monero more an a daily basis.

If you disagree with me I would also love to hear why. Im always open to learning more.

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The original was posted on /r/monero by /u/vicanonymous on 2024-04-04 22:40:00.

From ShopinBit's X/Twitter account:

Our usage stats for March 2024:

XMR*: 56.91%*

Bitcoin: 38.27%

Lightning: 2.59%

FIAT: 2.23%

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The original was posted on /r/monero by /u/bla_blah_bla on 2024-04-04 21:10:41.

I've just read the report of Rucknium on the recent suspected attack.

(*TLDR)

I can't avoid wondering

1. who would do such a thing? Financial hackers? Western security agencies? Authoritarian regimes agencies? Private security contractors? Security researchers?

2. which legal framework would various actors find themselves in for doing such a thing? While financial hackers and security contractors would probably be committing a crime if caught, would government agencies be allowed by their own laws to perform such an attack?

3. which means/infrastructure are needed for such a thing (apart the few XMR fees). I guess some nodes, IP obfuscation tech, researchers and data analysis tools, what else?

4. depending on the infrastructure used, what kind of fingerprinting analysis can be attempted to identify them?

(*TLDR):

• XMR transactions at the start of March have largely increased.
• An actor controlling this set of transactions could track most of what happens on Monero chain in the period.
• This could have impacted the ring-signatures mechanisms effectively reducing ring-size and improving the probability of de-anonymization.

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The original was posted on /r/monero by /u/AeroAngstrom on 2024-04-04 20:01:23.

Hi guys, i personally love and use Monero for a long time, i'm a fan of privacy. Lately i see so many people having a tough time trying to cash out their profits due to concerns raised by banks and exchanges about the provenance of the funds. I just don't get it, it seems like banks are targeting crypto transactions nowadays. At the same time you're gonna buy some crypto through the biggest exchanges and then get flagged and lose access to your funds?! Stuff been crazy lol..

If people would start appreciating Monero as it should maybe it will also shoot in price lol. Peace

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The original was posted on /r/monero by /u/pebx on 2024-04-04 16:09:56.

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The original was posted on /r/monero by /u/xmr_radio on 2024-04-03 13:16:47.

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The original was posted on /r/monero by /u/sunchakr on 2024-04-02 19:49:13.

Ring Signatures for Secure Online Voting w/ Vasilii Rogin of CryptoPoll (MT 305)

TODAY'S 🎙SHOW: Douglas Tuman interviews Vasili, a software developer from Helsinki, who has developed an application called CryptoPoll that utilizes the ring signature concept from Monero.

The application aims to enable anonymous voting, surveys, and whistleblowing by leveraging the privacy features of ring signatures. Vasili demonstrates how it works and explores potential use cases for CryptoPoll.

Watch Here (YouTube) ➡️

Watch Here (Odysee) ➡️

Listen Here 🎧:

Coffee & Monero, Go to Gratuitas.org today!

Monerotopia23 confer vids: monerotopia.com/videos

FOLLOW US &

Thank you to sponsors, u/cakelabs and u/Stealthex_io as well as u/sunchakr for making these interviews possible! And of course our listeners and supporters for making Monero Talk possible!

Podcasts 🎧 :

iTunes:

Spotify:

If you enjoy our show please Subscribe, Like, Share, Rate our YouTube Channel & Podcasts. This will help us grow and spread Monero content!

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The original was posted on /r/monero by /u/dericecourcy on 2024-04-02 22:53:25.

Why is this relevant to monero? Because time and time again, we (or at least I) hear that monero is not needed because "nobody cares that much about privacy". If NPR is reporting on it, and if google is facing legal consequences over it, I think it's safe to say that people actually do care about their privacy.

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The original was posted on /r/monero by /u/Rucknium on 2024-04-02 19:39:05.