476
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/gigabites19 on 2024-03-27 13:06:10.

477
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/geonic_ on 2024-03-27 16:53:48.

478
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/vicanonymous on 2024-03-26 14:52:56.


Hello everyone,

As you all know, we have seen a huge increase in the number of transactions during March this year. However, as far as I understand, it has pretty much been confirmed by Monero Research Lab researcher Rucknium that the increase is due to spam:

This is no doubt quite sad. It would have been nice if it had been a real growth of users.

The good news is that Monero still works as well as ever and several improvements are on their way. Furthermore, soon both decentralized exchanges Serai and Haveno will be released.

But I thought that perhaps it would be good to create a thread where we can share ideas on how to grow the number of users. I, like many of you, can't help on the research or development front, but most of us can do something to promote Monero.

I'm going to start a Twitter account and start spreading the word of Monero on there. I know that some of you put up stickers, which is also a good idea. But what else can we do to boost the growth a bit? Do you have any ideas?

479
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/MasFlam on 2024-03-27 04:14:50.

480
1
Monero meets Unix. (lemmit.online)
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/pcre on 2024-03-26 15:00:55.


     __
w  c(..)o     (
 \__(-)     __)
     /\    (
    /(_)___)
   w /|
    | \
   m  m | Monero Named Pipes.

Just came here to say: "Hi".

481
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/TheFuzzStone on 2024-03-26 09:13:00.


Yes, I realize it's not really about Monero, but I think there are those who use Bisq (v1), because it's much easier to buy BTC and then exchange it for XMR.

Well, basically, here it is:

I haven't had time to test everything myself yet, but I think some of the ideas can be taken over to Haveno.

By the way, don't forget about Haveno! Tests, tests and more tests need the project as much as programmers. And also your feedback and ideas:

482
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/lilmissvegan on 2024-03-25 21:24:11.


hi all,

i’m looking for some input here.

i have a fairly large social media presence - 120K on TikTok, 37K on IG - it’s non-crypto related (vegan + fitness content). ive always promoted monero to friends, family and tried to find ways to adopt it in day-to-day life but never on my personal page

my worry would be if i made a video that got 1M+ views i would face serious gov. scrutiny amongst other things…

am i being silly?

p.s im always looking for ways to promote monero, if anyone has any ideas feel free to drop me a dm

483
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/pet2pet1982 on 2024-03-25 17:30:28.


Previous versions didn’t work due to the command “set priority” didn’t work properly.

Please update to the latest version and you will definitely feel comfortable regardless mempool size and speed of adaptive block size growing.

Even “refresh” work almost as fast as it were some 1K txs mempool.

484
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/gr8ful4 on 2024-03-25 16:51:50.


If this is an attack (I believe so). Because Monero is currently heavy under attacks from all sides.

The flooding has three potential attack vectors (next to the well known regulatory attacks, price suppression, and defaming in mainstream media)

  1. Targeting usability of Monero
  2. Targeting ring signatures
  3. Targeting community

We know that usability is a problem, because the algo needs time to adapt to the flood. However I haven't seen extensive research on it. Which bothers me. I only see strong opinions. So my advice is to wait for /u/rucknium paper and hopefully others who take the time to look into the actual data sets.

If chainananlysis companies are targeting the rings we should come up with some community recommendations. E.g. if every community member would send at least one or two tx per day (or churn) we would probably counter act all the negative effects, while we can think of a ring upgrade earlier than Seraphis or FMSP.

What is probably the worst attack is social engineers trying to look for cracks in the community to exploit now or further down the road. Be wary of highly opinionated newcomers. Be opinionated yourself but lay down your thought process and argumentation and even better provide reliable data. And be open to other opinions. Take them in. Think before you react.

Maybe nothing has to be done at all. "Obvious" quick fixes have often unintended down sides that might haunt us later.

Monero is heavily sold short by certain players/attackers. The attackers rely on Monero being niche. When Monero hits mainstream awareness it will be much harder to manipulate. If they can fund expensive price suppression they won't bother paying x10 or x100 for a transaction. The digital cash narrative is important. What fees are acceptable for Moneor to be seen as digital cash. (I'd argue not more than around $10 ct). Monero's price is currently an extreme outlier. It "should be" around 5 to 10k if it were not for attacks. And then fees would make more sense as the algo prices fees in XMR and not USD.

So if you want to fight for something. Fight against price suppression. It's the one thing that we all can agree upon, and it has a hge impact on fees, hash rate, public perception (adoption both as private store of wealth and digital cash).

Make CEX like Poloniex, HTX, KuCoin, Gate delist XMR.

Make people aware to not use CEX.

Help people (friends and family) onboard to DEX and P2P markets.

Spend time in other communities on reddit and elsewhere.

This is the real fight. They only can manipulate prices when they have access to CEX.

485
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/OrsonJ on 2024-03-25 12:48:59.

486
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/vicanonymous on 2024-03-25 10:18:10.


It seems the amount of transactions has greatly increased again. As I write this, there are around 8 000 queued transactions according to Explore Monero.

487
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/gr8ful4 on 2024-03-24 18:50:14.


It is an excerpt of this post

It's time to talk about state attacks

This was first published in the Journal of Cybersecurity [Back-up link]

In this paper the authors are broadly talking about risks stemming from routing around AML and weighing AML vs "privacy rights" (GDPR) from a state perspective. As many here know, AML/KYC has never been intended to stop money laundering (at least not within government and the big banks). It was always a measure of control to ensure that normal people like you and me have no easy way to off-shore their wealth.

Now enter the crypto era where suddenly, according to the words of Obama "Everybody is running around with a Swiss bank account in their pocket". Now that's an outrageous scenario, isn't it? Imagine free constituents taking care of their own financials without anybody else snooping on them.

In the paper the authors have been classifying the following three coins along certain criteria involving AML/KYC and GDPR compliance, which they define as "good".

  • Bitcoin (good*, but likely not GDPR compliant*),
  • Zcash (good) and
  • Monero (bad, because not AML/KYC compliant).

Now let's jump to the interesting part, where things get really exciting.

Monero as classified in this paper is seen as a risk to public safety and hence deserves to be state attacked.

Quite a few mechanisms are described in that article that many here suspected for a long time (e.g. price suppression, network attacks,...).

To quote the paper:

"A set of tools to combat privacy-coins may include means of a different technological, regulatory, economic (fiscal) nature, also including state attacks on underlying privacy-blockchains. The letter tool, as possible regulatory access points of the blockchain space, was already mentioned by Finck [16], however, without further analysis in that domain. The AML/CFT measures should concentrate on the cryptocurrency of indicated networks, instead of targeting the people who are members of their communities. The tools can and should aim towards reducing the particular currencies’ value, consequently inducing a voluntary outflow of their users."

488
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/soccersousa on 2024-03-22 21:06:31.

489
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/monerovegas on 2024-03-19 12:14:45.


Disclaimer: I'm one of the developers.

Using Monero is the best solution to fight the current network spam by increasing the number of decoys. Now you can chat too whilst playing your favourite Monero game. Chat isn't shown for mobile layouts but we're fixing it.

See you in game!

Also we'll have big news for Monero's birthday. 📣

490
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/That_Guy_Kang on 2024-03-22 11:01:22.


I saw a post of the GOP banning Pornhub in Texas, Arkansas, Mississippi, Montana, North Carolina, Virginia, and Utah due to age verification stipulations. With Visa, Mastercard, PayPal suspending payments on the platform due to "allegations of unlawful content".

Surely the adoption of XMR as a method of payment by Pornhub (and other industries) would be the next best thing?

I want to state that I am not for illegal activity, but these are allegations and seemingly infringing on our First Amendment rights. But there are other ways to prevent and reduce unlawful content other than these complete bans violating our rights and also affecting the income and livelihoods of performers and entire industries.

The pornography industry has been a surprising driver of technological innovation, particularly in the realms of internet, digital media, and payment technologies.

Edit: I see now that Pornhub does accept XMR! I am not sure why it's not a bigger deal!

491
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/pcre on 2024-03-22 09:33:43.

492
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Ok-Value-866 on 2024-03-22 03:31:56.

493
1
Monero Stickers (i.redd.it)
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/BIG_VALUE_FTW on 2024-03-19 18:48:30.

494
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/xmr_radio on 2024-03-19 16:53:41.

495
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/xmr808 on 2024-03-21 16:08:13.

496
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Dein_Psychiater on 2024-03-20 23:13:51.


My new Trezor Safe 3 arrived fine with packaging and activation.

I put my seed inside, the one I use with ledger since years, and I generate a new wallet in the Monero GUI, but I get a different main address, therefore a different wallet!

Then I tried the FIDO2, and it is a different key: If the Ledger only is registered then I do not come in with the Trezor. If the Trezor only is registered (as U2F), then I do not come in with the ledger.

How could it happen? I checked the seed again on both! The seed is the same, the same words!

Please help, what is going on? I am very confused. Both are bip39 devices aren’t they?

497
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/sunchakr on 2024-03-20 20:08:33.


Roman Sterlingov found guilty of running Bitcoin Fog based on Bitcoin’s traceability sets dangerous precedent w/ Tor Ekeland & Mike Hassard (MT 304)

TODAY'S 🎙SHOW: Douglas Tuman interviews defense lawyers Tor Ekeland and Mike Hassard about the recent trial and conviction of their client Roman Sterlingov for allegedly operating the Bitcoin mixing service Bitcoin Fog.

They highlight how the government relied on circumstantial blockchain tracing analysis rather than direct evidence to make its case, the lack of standards with blockchain tracing tools, threats to financial privacy rights, next steps for appealing the case & much more!

Watch Here (YouTube) ➡️ https://youtu.be/ky\_euJ4067o

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!

498
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Ok-Value-866 on 2024-03-20 13:38:20.

499
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/AbjectFee5982 on 2024-03-20 08:48:44.


What is the state of atomic swaps between LTC <> XMR ?

A couple of days ago I asked in both r/litecoin and r/btc if someone could port over the BTC atomic swap protocol to LTC and/or BCH. It's also worth pointing out that the current criteria wouldn't allow a payout if this was implemented in Feather or some other GUI wallet. IE see basicswap below. This is to allow others to integrate easier.

Meanwhile the BCH community came up with an implementation that can now be built into clients like /u/unstoppableswap

I would really love to see the same happen for LTC asap.

What is needed to make this happen?

We now have at least three atomic swaps implementations for

BTC

ETH

BCH

has an implantation and is opensource. I can't imagine it would be too much harder from there.

See code at

The goal is to make a "opensource" plugin for more DEX's websites and others to allow them to implement Atomic swaps between LTC and XMR. While plugin is a "loose word" I'm not sure what else to call it.

LTC has low feeslike monero, basic privacy with mimblewimbke and has strong liquidity pools.

500
1
submitted 7 months ago by bot@lemmit.online to c/monero@lemmit.online
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/GrandpasPosse on 2024-03-20 00:47:50.


Came across this article on a freak Bitcoin price dip on BitMex. As someone who absolutely champions Monero over Bitcoin, I thought the last three paragraphs were interesting:

The former CEO of BitMEX, Arthur Hayes, previously opined that the spot Bitcoin exchange-traded funds (ETFs) could “completely destroy” Bitcoin if they are too successful.

According to Hayes, Bitcoin ETF issuers holding all the BTC would negatively impact the number of transactions on the Bitcoin network, and miners will lose any incentive to keep validating transactions.

“The end result is miners turn off their machines as they can no longer pay for the energy required to run them,” said Hayes. “Without the miners, the network dies, and Bitcoin vanishes.”

NGL, I hope this happens. There's Monero for privacy, there are a bunch of protocols for DeFi, there are even interesting niche protocols like Filecoin for decentralizrd data storage.

I never liked the "Line Go Up" ethos which has emerged from the Bitcoin community, which at this point also seems to be the only value pitch coming from the protocol, and frankly think that Bitcoin's death would be beneficial for crypto by dispersing (at time of writing) $USD 1,218,000,000,000 of capital elsewhere.

view more: ‹ prev next ›

Monero: the secure, private, untraceable currency

44 readers
1 users here now

This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

founded 1 year ago
MODERATORS