isn't it 16^2 ?
check out this episode of monerotalk
https://www.monerotalk.live/monerotalk-304
Roman Sterlingov arrested and charged - without sufficient evidence - for using / operating a bitcoin mixer.
Based purely on SPECULATIVE chainalysis, heuristics cannot guarantee that he was the user. However, as chainalysis is in bed with intelligence services it is their gold standard. Now there is legal precedent to admit SPURIOUS chainalysis evidence in court. As noob judges/juries don't in2 tech they are strong armed by the state into accepting it.
Therefore anyone who holds a tainted bitcoin (or any public ledger crypto) can be tainted by that coin IN LAW and charged for any crime that utxo ever got near.
The lawyers give a great rundown of the case here demonstrating how badly justice has failed.
-He KYC'd BTC in 2011 on Mt Gox -His utxo's bounced around a few wallets and ended up being used to buy the bitcoinfog domain [he is accused of buying the domain w/o proof] -He later pulled some BTC out of Bitcoinfog into KYC'd exchanges to off-ramp [he is accused of being paid by bitcoinfog for services w/o proof]
The fact that the ghouls are harvesting data from early days (eg/ 2011) that anyone who ever KYC'd anywhere can be linked by chainalysis with a crime. Hence a cooling effect on crypto writ large.
those are all tax havens, coincidence?
also could be vpn locations
Looking through various sources I have a short list of causes for high tx count:
Unlikely:
-
BTC ATH sellers off ramping to a much better cryptocurrency that preserves privacy
-
XMR trending as a massive gainer (after a drop) attracts traders
More Likely:
-
Chain analysis firm floods the tx pool so that their heuristic analysis can pinpoint some XMR transactions
-
Binance has released the secret store of XMR they had stacked up before delisting for unknown reasons
-
A Monero Whale is churning a large amount of XMR
5.b) 'Incognito Market' [darknet market] is reportedly exit scamming - escrows estimated in the millions of USD of XMR
Nobody has put forward a clear case yet, and most Monero folks are nonplussed. However, XMR's dynamic block size is making much better work of the flood than other cryptos and tx fees remain fairly level throughout so at least it's a good stress test.
I want to be a part of it too so I'm gonna throw a few more transactions into the pool right now :)
can confirm Doug is still the host :D
welp
have we hit the local bottom?
long term, this is good for xmr, when binance inevitably gets torpedoed
looking at the stats, binance is about 34% of the exchange volume - kucoin, mexc, kraken all added together don't make up for it.
don't think many xmr users will want to KYC for some minor exchange.
I would direct people to localmonero for p2p trades, and tradeogre for private exchange.
any other suggestions? is any atomic swap protocol functional yet?
Yeah tbh fuck cloudflare, fully compromised
cloudflare to host top level US government web services .gov https://cloudflare.net/news/news-details/2023/Cloudflare-Wins-CISA-Contract-for-Registry-and-Authoritative-Domain-Name-System-DNS-Services/default.aspx
however I understand why many people use it. it's the biggest of the ddos protection services, and with ddos mitigation, the beefier the better. i've seen plenty of smaller, ethical, cypherpunk ddos services but when the big ddos comes they can't help too much.
with something like monero - it's an obvious target for censorship, even temporarily - imagine a financial crash, or nation state revolution where people want to get their money out. perfect time for monero adoption, but getmonero.org is down to ddos. therefore being with cloudflare is the best protection. however if sed flight to monero goes against the interests of the USA and they threaten to pull their $8million contract from cloudflare, things might change very quickly (one of many ways in which corporations are controlled)
i guess it's still up for debate - obviously monero is a force of decentralisation so cloudflare is antithetical. but what is the alternative?
bandcamp sold out
look forward to its demise
invidious.io is unstoppable. unshackle yourself from the g**gle gulag
This is a sign to me that it’s more valuable than fiat [having capital in crypto]
to me it's a sign that capital in crypto is a threat to the global banking mafia, they first want to destroy on-ramps, but today the BIS announced they will be surveilling bitcoin with the aim of de-anonymising transactions, such that off-ramps too can be tainted. (source https://nitter.net/samcallah/status/1712128988611563803 ) +inb4 'this is good for munero'
and yes, right now we have localmonero but that's a lot of eggs in one, admittedly good, basket...
hi antidarknet
cool site and nice job stresstesting XMR. look forward to seeing more of your projects in the future!
Makes me wonder about other vulnerabilities there could be - particularly regarding dark markets, xmr escrow services etc.
regarding your point
A criminal is someone defined by the state as having broken a law. Likewise a legal action is one which happens to coincide with a state's edict (law). but libertarian maximalists or anarchists wouldn't agree. hence why you were called a bootlicker.
whilst it's perfectly righteous to fight what you see as harmful, there's an argument for freedom, particularly in the case of drugs where it is usually the user who is the only one at risk of harm (if we follow the harm principle rather than legal/illegal). yes the drug trade can harm too - but that could also be because it is 'illegal' and has to take place in a non-ideal marketplace.
that being said, I have my own limits as to what is moral so I agree that you should pursue yours. but I will do things that are illegal, and I encourage you to do so too. perhaps one day using monero will be 'illegal'! </end philosophical sidebar>