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this post was submitted on 23 Sep 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Very cool. Would try it but I do not have or want BTC ๐
Hopefully there is a BCH version coming next ๐
Also agreed. Having atomic swaps for BCH, LTC (MimbleWimble), and ETH would be fantastic. IMO, we don't need liquidity pools if we could have a simple UI that would allow us to say "I have 30 LTC to convert to XMR" and it allows you to divide up your 30 LTC into several XMR offers and then press "start" to execute the batch process. Sure you might only be able to convert 29.3 LTC to XMR using this method, but it would be completely peer to peer and could be done without the need for an arbitrator or liquidity pools or (if it's loaded into wallets) any separate software like Haveno that you have run on your computer. It would also allow someone to convert large quantities of one crypto into another safely without arbitrators. And if I'm not mistaken, the trade could be done in parallel so making a trade of 50 smaller exchanges would not be significantly longer than a single trade.
agreed, love BCH<->XMR
One of my major gripes with bitcoin is that everyone that owned it got the same amount of bch and everyone including the powers that be think its OK. Is everyone sitting down? Is monero the only coin that stands for something?