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The original was posted on /r/monero by /u/johnfoss68 on 2024-07-11 09:43:33+00:00.

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The original was posted on /r/monero by /u/monero-love on 2024-07-07 20:50:22+00:00.

I think a well-written boilerplate request/informational copypasta explaining the benefits and reasons for accepting Monero would benefit the arsenal.

I want to contact a few companies that already accept cryptocurrencies and plant monero seeds.

The problem is I can't write for shite. Any wordsmiths among you fine people?

Somethlike this:

Hello, [company] I'm looking to purchase [product] etc etc. I noticed you don't accept monero as a payment method. I believe considering your target demographic, it would be beneficial to take a look at accepting Monero.

Reasons: etc. etc Resource: etc. etc ——————— Two companies I can think of off the top of my head are:

Just a shower, though!

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The original was posted on /r/monero by /u/balz4 on 2024-07-10 21:17:05+00:00.

Is there any NO KYC exchange for Monero that works? I mean: not "eventually", not "maybe", not "it should but it's complicated", not "wait in a couple of months/years"? A NO KYC where you can buy XMR with cash or exchange other cryptos for XMR or sell XMR for cash or exchange for other cryptos?

I mean, I read a lot of things written here but in the end, in my mind that's the only relevant question : any alternative to localmonero that works, now, right now, like at this present second, which is safe and anonymous?

Thank you very much and have a great day.

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The original was posted on /r/monero by /u/unstoppableswap on 2024-07-09 16:41:54+00:00.

Who

We (binarybaron and einliterflasche) are two Monero enthusiasts from Berlin and both computer science students. We have been excited about XMR<>BTC atomic swaps since the COMIT team started development of their prototype. binarybaron has contributed to the project since its early stages while einliterflasche joined later on.

What is this project anyway?

The project mostly consists of four parts:

1. A command-line utility (ASB) that enables individuals to operate a 'swap provider' service. These swap providers offer to sell Monero in exchange for Bitcoin.
2. A command-line interface (CLI) that allows users to connect with swap providers and exchange their Bitcoin for Monero.
3. A graphical user interface (GUI) that utilizes the CLI behind the scenes, making the swap process way more user-friendly.
4. A command-line utility for hosting a rendezvous point in the decentralized discovery network. Swap providers can register at these nodes to make themselves known to the network. CLI users can retrieve a list of swap providers.

What we have been working on over the last 2 years:

• Developed an early web interface to simplify XMR<>BTC swaps. This project has since been deprecated and replaced with a desktop GUI.
• Stepped in as maintainers for the xmr-btc-swap project which includes the ASB and CLI applications. We have become the main developers fixing issues, implementing new features and pushing out releases.
• Developed the GUI. Last year alone, more than 3,000 swaps were completed using our GUI. Since we completed our second CCS from May 2022, we worked on the project during our free time. This is also the reason we weren't able to dedicate as much time to the project as we'd like to and, frankly, as it deserves.
• Running a mainnet swap provider to kickstart adoption that has performed over a thousand swaps with users. This has been put on pause for now as more swap providers have emerged.
• We have also been hosting, and developing publicely accessible infrastructure
  • An API service that gathers a list of all known swap providers. This can be used in the GUI and also by others in the community (e.g OrangeFren) in addition to rendezvous points.
  • A reliable rendezvous point
• As part of our efforts to make atomic swaps accessible to the general public we have have been writing documentation for atomic swaps in general as well for the GUI and CLI applications.

Proposal

We're excited to keep working on atomic swaps. While swaps work realiably under optimal conditions, there are still many imperfections. We are confident that given a few months time to fully dedicate to the project, we can transform the ecosystem from more of a proof of concept into a mature marketplace.

We are asking the community for funding in order to be able to focus our efforts on improving the atomic swaps ecosystem.

We request 498 XMR for continued development for 6 months. At the end of each month 83 XMR will be paid out. We will dedicate 50 hours of focused work per week at 25 hours per person. Our hourly rate is 60 EUR. We're calcuating these amounts at a current average price of 145 EUR/XMR.

We will be providing monthly updates in the comment section.

What we will be working on

We will continue to maintain both the GUI and the underlying CLI by:

• Planning, coordinating and implementing new features and bug fixes,
• Coordinating releases,
• Keeping in touch with users and the community as a whole as well as offering a built-in feedback system in the GUI.

Furthermore, we will continue to manage some community infrastructure:

• We host a webpage for the GUI as well as documentation.
• We maintain both a public registry of swap providers as well as a reliable node in the decentralized discovery network.

For the CLI, the backbone of the GUI, our focus will be to improve overall reliability. While swaps work consistently under optimal conditions, there are a lot of moving parts so many problems arise in practice. These challenges include:

• Reliably staying in sync with both the Bitcoin and Monero blockchains,
• Completing swaps amid connectivity issues,
• Discovering peers in the network,
• Maintaining backwards compatability between peers (network protocols),
• Handling concurrent swaps,
• Accounting for blockchain congestion,
• Stringently enforcing protocol compliance,
• Ensure fail safety when swaps can't be completed,
• Minimizing the manual intervention required (e.g having to manually refund in some edge cases),
• ...

For the GUI itself our focus will be to:

• Make the GUI more accessible to non technical users (e.g. tooltips, explanations, ...),
• Provide documentation for end users as well as technical documentation to improve transparency and attract new developers,
• Work on migrating the GUI framework (from Electron to Tauri) to simplify the architechture,
• Release an Android (and possibly iOS) version of the GUI.
• (We are also looking into a web version, powered by WebAssembly, which can run in browsers. This may not be possible and will require extensive refactors in the code base.)

Why

We want to enable anyone to reliably acquire Monero by building an anonymized, decentralized and trustless market that is resiliant to censorship. We believe that by realizing the potential of this project we can bring this to reality.

A mature ecosystem will attract more users and swap providers. This will lead to increased liquidity and competition and thus make atomic swaps a viable alternative to centralized exchanges.

Direct link to CCS proposal PR. Leave your feedback / support either here as a comment or on the PR.

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The original was posted on /r/monero by /u/Zo_The_Hunter on 2024-07-09 14:04:54+00:00.

Source:

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The original was posted on /r/monero by /u/darknetreporter on 2024-07-08 23:08:40+00:00.

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The original was posted on /r/monero by /u/shopz on 2024-07-07 20:59:51+00:00.

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The original was posted on /r/monero by /u/ErmenegisSarchiavizz on 2024-07-07 17:27:25+00:00.

This is a proposal.

It would be nice to create a cooperative monitorizing project, where, in an open source world map (like the one from Marble - Open Street Map), each user would put a point of a real shop accepting Monero for physical goods of daily use. Maybe the shop name should be omitted, not to put it at risk. Just to evaluate the countries-based diffusion of Monero acceptance.

What do you think ? Could this project be hosted on Wikipedia ? I see no illegal nature behind the idea of a simple survey ... It would be automatically peer-reviewed, on Wikipedia ... any proposals ?

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The original was posted on /r/monero by /u/gr8ful4 on 2024-07-07 16:45:39+00:00.

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The original was posted on /r/monero by /u/kowalabearhugs on 2024-07-04 23:39:09+00:00.

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The original was posted on /r/monero by /u/OrdinaryCatch3772 on 2024-07-07 06:42:43+00:00.

Hello everyone, this theard to share and exchange a thought I had the other day: I think the Flippening will happen, but that Monero will be the first crypto to overtake Bitcoin.

I'm not saying it's going to happen soon, but I'm convinced that, in the long term, Monero will overtake Bitcoin. We're talking more than 20-30 years here.

Let me explain my thoughts: Bitcoin is the first crypto in market cap since 2008, having solved several problems we all know about: anti-fragility, network resilience, Byzantine Generals Problem and so on.

Bitcoin' success is due to a first mover advantage and a network effect, which make it untouchable today in terms of size, adoption and visibility.

However, Bitcoin has real problems that are preventing its mass adoption: non-fungibility, non-anonymity, network congestion and so on. I don't even want to talk about non-inflation after 2140, for the sake of concreteness.

As Bitcoin is still not used massively by people, these problems only arise marginally. However, I think that the tainted Bitcoin trick will quickly become problematic for Bitcoin holders.

Indeed, as all transactions are traceable, Bitcoin tokens linked to dubious addresses are tainted, and therefore perceived as not being 'full and real' Bitcoin, accepted everywhere like any other.

A brief aside, this is why saying '1 BTC = 1 BTC' is stupid, whereas '1 XMR = 1 XMR' is perfectly true.

Now, with the progress of on-chain analysis relying on AI, it is very likely that more and more Bitcoins will become tainted, either by contagion or by the identification of new tainted Bitcoins.

Bitcoin holders will find themselves increasingly at risk of seeing their savings lose quality. And in your opinion, how can they guard against this risk with the minimum of risk on fundamentals? Monero.

I therefore believe that we will see massive transfers from Bitcoin holding to Monero holding, with a sharp rise in the XMR-BTC pair, and therefore ultimately a potential flippening of Monero.

I don't think it happens all at once, but very gradually over time. It'll probably be invisible on a day-to-day basis, but I think all the parameters are there for it.

What do you think?

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The original was posted on /r/monero by /u/vicanonymous on 2024-07-07 06:32:42+00:00.

I just thought I would share this:

Here's a breakdown of usage (by $ volume) on Coincards by percentage in June '24:

#XMR: 34.4%

#BTC (Onchain): 25.96%

#USDC: 20.20%

#ETH: 9.84%

#LTC: 2.49%

#Solana: 2.31%

#Dogecoin: 2.09%

#LightningNetwork: 2.08%

#USDT: 0.58%

#Dai: 0.04%

#Matic: 0.01%

#Dash: 0%

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The original was posted on /r/monero by /u/SteezyWeezy1 on 2024-07-01 03:48:25+00:00.

I just made an account. I just wanted to know if the lack of offers I see is because of me being new or is that the reality.

I dont see any pay by mail offers either.

Also, any convient fiats/exchances where i can convert to xmr would be helpful

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The original was posted on /r/monero by /u/Ok_Analysis_1304 on 2024-07-05 00:57:28+00:00.

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The original was posted on /r/monero by /u/OrdinaryCatch3772 on 2024-07-04 19:30:40+00:00.

Hello everyone, a little theard on a topic with which I disagree with the majority of the Monero community: Monero as a way to store value.

We read a lot here and on other forums about Bitcoin being the best existing store of value, and Monero being the best exchange intermediary.

I disagree, and I think Monero is not only the best intermediary for exchanges (decentralized, anonymous, fungible etc.) but is also the best as a way to store value.

What are the true qualities of a value reserve, in addition to the well-known ones?

• Long-term viability: Bitcoin doesn't have it, Monero does thanks to its long-tail inflation, which encourages miners to secure the network.
• Fungibility: to avoid the risk of accumulated value being set aside on past exchanges ('tainted '). Bitcoin doesn't have it, Monero does
• Anonymity, so that this store of value does not become public knowledge. Bitcoin doesn't have it, Monero does

Don't get me wrong, I think that Bitcoin is also a very good way to store value, and should be the best in an ideal world.

However, as our world is not perfect, I think that Monero long-term viability, fungibility and anonymity criteria make it not only very good for storing value, but even better than Bitcoin.

What do you think?

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The original was posted on /r/monero by /u/sven_goffman on 2024-07-03 13:13:38+00:00.

Hi everyone,

I need to sell some of my monero for a big purchase and I have a problem. I noticed too late localmonero was closing down and Kraken delisted it in my country (Belgium) a while back. Does anyone know how to go about this or any localmonero alternative?

Thank you and have a great day, Sven.

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The original was posted on /r/monero by /u/elit3dr4gon on 2024-07-02 17:33:21+00:00.

Hi All,

Tommy from AllArk here.

We have been working on an instant and private way to send stablecoins to quickly hop in and out of the Monero ecosystem, avoid volatility as well as cash out.

And we are happy to announce our support for XUSD!

XUSD is a stablecoin on ETH/ARB chains that uses Railgun's protocl to hide the sending address, receiving address, amount sent, IPs and balances of all parties involved. You can now mint as little as $10 of XUSD on AllArk using Monero. We also offer cashing out XUSD to your Bank account soon.

Think of it as a compliment to Monero, we will also be introducing XUSD to Monero swaps soon so you have a private and quick way to park your funds.

Railgun is the privacy protocol and we did this for a few reasons.

Zero-Knowledge Proofs (ZKPs) offer a transformative approach to privacy and efficiency in blockchain technologies. Particularly, their implementation in Eth via solutions like Railgun presents a significant leap in securing user data while ensuring quick transactions. To comprehend the benefits thoroughly, an exploration into the dual aspects of privacy and speed in contrast to slower blockchains is essential.

Privacy Advantages Zero-Knowledge Proofs fundamentally enhance privacy by allowing verifications of transactions without disclosing the underlying data. Railgun, an Ethereum-based privacy solution, leverages ZKPs to enable private smart contract interactions and transactions. This privacy ensures users can execute smart contracts without revealing contract hashes, transaction amounts, or participant identities, thereby considerably reducing the risk of data breaches and unauthorized access.

Privacy in ZKPs is crucial, especially on public ledgers like Ethereum, where transaction data is often transparent and accessible to anyone. By implementing Railgun, users regain control over their personal information and transactional details, fortifying against data misuse. Additionally, robust privacy protocols are vital for applications dealing with sensitive information, such as healthcare data, financial records, or corporate contracts, amplifying the trust and security inherent in these systems.

Speed Benefits Zero-Knowledge Proofs bring a notable improvement in transaction speeds through efficient verifications. In blockchain networks, the process of verifying transactions traditionally involves resource-intensive computations. Railgun's utilization of ZKPs minimizes these computational burdens by enabling quick proof validations, thus accelerating the transaction timelines. This is particularly indispensable in a network like Ethereum, known for periods of congestion and high gas fees due to its vast user base and activity levels.

Comparatively, slower blockchains suffer from prolonged transaction confirmation times due to less optimized consensus mechanisms or lower throughput. For instance, networks like BTC, with its Proof-of-Work protocol, experience significant delays that can extend from minutes to hours. Such sluggish confirmations can impede practical usability for applications requiring rapid processing, such as decentralized finance (DeFi) platforms, spot payments or supply chain management systems.

Comparison to Slower Blockchains Implementing ZKPs on a high-throughput blockchain like ETH starkly contrasts with their inclusion on inherently slower blockchains. While slower blockchains might still benefit from privacy enhancement, the efficiency gains are less pronounced due to the underlying systemic delays. ETH's robust infrastructure allows for maximizing the potential of ZKPs, delivering swift transactions without compromising privacy.

In conclusion, solutions like Railgun that integrate Zero-Knowledge Proofs usher in a new era of blockchain utility by significantly bolstering privacy protections and transaction speed. While slower blockchains can benefit from ZKP implementations, the overarching efficiency and user experience on Ethereum demonstrate a superior pragmatic application of these advanced cryptographic techniques.

Hope this helps some of you awesome Monero people out there!

Cheers

Tommy from AllArk

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The original was posted on /r/monero by /u/Ok-Difficulty-8589 on 2024-06-30 20:11:41+00:00.

Is this still possible to buy xmr in germany or i have to exchange a other currency?

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The original was posted on /r/monero by /u/Moner-Master on 2024-07-02 18:47:43+00:00.

I had the privilege of recently being featured on the Monerotopia podcast with Douglas Tuman, the mastermind behind XMR Bazaar.

We explore the differences between the MCEP and the MCEPm while also outlining tips to improve your marketplace listings.

Finally, I outline my personal views of Monero mass adoption.

You can see our full discussion here:

In short here are some key takeaways to improve your listings:

• Headline of 6 words
• Headline answers the question “what is it”
• Clear image correctly cropped
• Description outlining problem that you solve
• Description with short paragraphs (no more than 3 sentences)
• Offer a discount
• Use the MCEP
• Share your P2Pool Observer link

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The original was posted on /r/monero by /u/HardenedSteelX on 2024-07-01 19:56:17+00:00.

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The original was posted on /r/monero by /u/geonic_ on 2024-07-01 18:17:48+00:00.

Prompted by rehrar's (Diego's) recent proposal, monerobull has offered to do the job for a fraction of the rate and I've opened a CCS to gauge community support.

I believe monerobull is a better candidate for this position even without the cheaper rate because:

1. Diego's history with the project is questionable despite his many contributions.
2. His company, Cypher Stack, is an active participant in the CCS. This presents a conflict of interest, as his position would also include stewardship of the CCS. Cypher Stack also continues to do work for competing projects.
3. Monerobull has proven himself to be an impartial moderator on reddit and elsewhere, as well as a valuable volunteer for MoneroKon.
4. He is technically able and I trust his abilities to perform this job.

Please comment on Gitlab and make your voice heard!

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The original was posted on /r/monero by /u/Lumpy-Initiative-779 on 2024-07-01 14:28:43+00:00.

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The original was posted on /r/monero by /u/Lumpy-Initiative-779 on 2024-07-01 14:26:40+00:00.

-Must like and retweet this post on twitter. -Upvote this post and -send me a message on here saying done.

Very excited for native monero support on a hardware wallet! I’m willing to put money where my mouth is and I want more people to see this and help support the monero ecosystem.

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The original was posted on /r/monero by /u/NX-2000 on 2024-06-30 13:52:58+00:00.

When I understand the law right, all crypto transactions should be monitored and no transaction from any CEX to anyone without KYC from the 1th of December 2024. The time for anonymous cash withdraws at an Crypto ATMs should also be over then, right? Or have I get it wrong…

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The original was posted on /r/monero by /u/Germonero on 2024-06-30 11:35:46+00:00.

Hello everyone,

I know this has already been asked a few times, but since there was not one single alternative that I would consider as a real alternative to LocalMonero and I also did not find anything comparable while doing a little research by myself, I wanted to ask one more time if anybody has heard about a P2P platform for buying and selling Monero?

Thanks in advance for answers!