Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!Monero is secure, low-fee, and borderless, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with the proof of the transactions being possible by a Monero user willingly providing a view key for a specific transaction if needed.Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.If you still have questions, feel free to ask and a Monero Chad will be with you shortly.OFFICIAL WEBSITE - https://web.getmonero.orgWHERE TO GET MONERO?>KYC:BinanceKrakenBitfinex>Non KYC: Local MoneroMorphtokenBisqKucoinTradeogreCrypto ATMssee: kycnot.me>Mininghttps://archive.is/TWOahHOW TO STORE MONERO?>DesktopGui/Cli (recommended)MyMoneroExodusFeather>MobileIOS: CakewalletAndroid: MonerujoNOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.>Cold Storagehttps://archive.is/DEfsP
Monero is actually a honeypot. Hilarious that pedos are gonna get caught by this coin..
>>25917573>source: trust me dude
>How is Monero’s privacy different from other coins?Monero uses three different privacy technologies: ring signatures, ring confidential transactions (ringCT), and stealth addresses. These hide the sender, amount, and receiver in the transaction, respectively. All transactions on the network are private by mandate; there is no way to accidentally send a transparent transaction. This feature is exclusive to Monero. You do not need to trust anyone else with your privacy.>How is Monero different from Bitcoin?Monero is not based on Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. Monero hides this information to protect user privacy in all transactions. It also has a dynamic block size and dynamic fees, an ASIC-resistant proof of work (RandomX), and a Tail Emission, among several other changes.>What is fungibility, and why is it important?Fungibility is a simple property of money such that there are no differences between two amounts of the same value. If two people exchanged a 10 and two 5’s, then no one would lose out. However, let’s suppose that everyone knows the 10 was previously used in a ransomware attack. Is the other person still going to make the trade? Probably not, even if the person with the 10 has no connection with the ransomware. This is a problem, since the receiver of money needs to constantly check the money they are receiving to not end up with tainted coins. Monero is fungible, which means people do not need to go through this effort.
>>25917479>Yo nigguh I shoted da belt/xmr char bruw.We got some really high IQ gentleman there:
>>25917479if monero was a stable coin i would use it to cash out from btc when the time comes but its useless as it is.
Feeling pretty comfy today. All this news of censorship makes me love my unknown amount of Monero more and more.
Ok, can I connect a wallet to a specific node?Like if I download all the blockchain in one pc, can i open a wallet in 2nd pc and connect to 1st?
>>25917479Bisq okay for buying xmr?
Dark Market has been shut down, WHM is now the largest aside from cannahome maybe. Bullish
Is there any better asset to hold in the time of the Great Reset?
So apparently there is now a second team working on BTC<->XMR atomic swaps, specifically the front-end client.>XMR<>BTC on stagenet - update by COMIT This is a quick update by the COMIT team on the status of a usable XMR<>BTC swap tool.In the last two weeks we did multiple XMR<>BTC swaps on Bitcoin testnet3 and Monero stagenet. Here is a video of the demo branch in action: https://asciinema.org/a/384047The current version of the swap tool still has a few rough edges that we are currently ironing out. Techies can already give it a try, but we know the setup - especially on the Bitcoin side - is still quite cumbersome (requires full bitcoind testnet node with txindex enabled and depends on bitcoind internal wallet). We focus on usability next.We are now moving on to creating a single-market maker MVP. The MVP only focuses on users buying XMR from a fixed market maker advertising a price on a website. The execution of the trade between the user buying XMR and the automated market maker selling is then done by using the swap tool. The MVP will focus on a CLI version only for the execution.A big thanks to the community members that provided feedback. Our conclusion is that it is OK to start with only one direction and one fixed maker. The solution can then gradually evolve by adding the other direction and decentralizing maker discovery and orderbook to eventually have a decentralized marketplace.By initially only offering to buy XMR, users don't run into the problem of having to deal with tainted Bitcoin (only the market maker has to deal with that problem).You can find all the details of the MVP in the kick-off email on our mailing list.Stay tuned for a more usable MVP and a belated Happy New Year :)https://www.reddit.com/r/Monero/comments/kwbzrh/xmrbtc_on_stagenet_update_by_comit/This is significant because the official team (Farcaster) is currently only working on the AS back-end.Exciting year ahead, Moniggaz!
>>25918753yeah you can specifically connect to a node in the advanced settings of your gui>>25919110not really>>25919245wow that's pretty based. I love all of this work being done on atomic swaps. It's going to be exciting seeing this new technology become more and more used.
nobody will buy your pedo coin. Governments don't like it and on-ramps will get blocked.Why monero will fail? Because it is TOO GOOD.
Reminder that Monero fees are so low that it is practically free.
I rent out my wife for minero every week
>>25919245>Exciting year ahead, Moniggaz!>>25919777>I love all of this work being done on atomic swaps. It's going to be exciting seeing this new technology become more and more used.definitely, I'm also curious as to how tari is doing, I haven't heard anything about it in a long time. But it would be nice to have stablecoins without having to use that shitcoin eth. I also wonder if eventually defi can be made possible on the xmr ecosystem.
>>25920900i don't get it. atomic swaps are 2009 tech, bitcoin came out of the craddle with atomic swap capability. what do you have to develop on them?
What is your guess as to the price of XMR in relation to BTC as the year progresses? It would seem rather bullish considering the attacks on TOR and how many markets are attempting to delist it. In that way, as the supply in accessibility to it goes down, the demand rises I think.
>>25921243It’s hard to say. I have a feeling that we are going to slowly rise and continue rising even after bitcoin makes its run. I’m planning on holding until 5 figures.
I HATE GOVERNMENTFUCK YOU GOVERNMENT
>>25920961I'm not a dev but something about the multisg and now they're waiting for schnorr sigs on btc
>>25920961Monero is built in cryptonote, which is an entirely different base layer, which creates difficulties.
>>25918960i miss empire
>>25918960extremely, WHM is king now and they ONLY accept xmr
>>25921397yeah well bitcoin uses it's native script for atomic swap smart contracts. never looked into monero but if lacks a sig script then i can see why this is difficult lol.
>>25921476empire was wack. any market that requires you to deposit into a market owner wallet should ring major alarm bells for exit scam. hansa was a dope market for its time.
>>25921507>extremely, WHM is king now and they ONLY accept xmrXMR will eventually become the default and likely only means of payment on the DNM. And considering that the "eBay for narcotics" sector is only going to grow in future that this means potentially millions of normies will be forced to buy and use Monero on a regular basis. Bullish as FUCK.
Already comfy mining. Is ~1430 H/s to be expected using intel i5-6600K with three cores? I also want to mine ethereum with my gpu for extra gains I can swap for xmr using nvidia 1070. Is ethminer still the shit?
>>25921917from what I've read empire was also selectively scamming xmr withdrawals for a while, they're probably sitting on a comfy unknown amount right now, wouldn't be surprised if all the exit scammers over the years are the same few people and are rich as fuck now. What did the glowies end up doing with their $1billion of SR btc, if they sold already they got mega-rekt lol.
>>25920211you can block the ramps from monero to cash but you cant block the ramps of monero to bitcoin and then to cash can you?
>>25922501>you can block the ramps from monero to cash but you cant block the ramps of monero to bitcoin and then to cash can you?Not just BTC. The Farcaster team intends to ultimately expand atomic swaps to other chains, LTC is likely next and then ETH.
>>25920211>Why monero will fail? Because it is TOO GOOD.at least everyones agrees with that
>>25922191that sounds about right for a 6600k on 3 cores. most people use something like phoenix miner or trex these days.
>>25921397>>25921693it needs BTC to elevate Taproot first (schnorr Sig's). it's already been pushed to the BTC code late last year, but everyone will need to agree and upgrade.
>>25917479Hell yeah nigger
>>25917479comfy as always
Can't wait to hold for 4 years and be a millionaire guys.
>>25922057Yep. The longer whm is king the more clout Monero will gain.
>>25922657Thanks anon. It looks like ethminer is still the best open source alternative though. Is there a way to mine over tor?
>>25923762>mine over torare you autism anon?why the fuck would you handicap yourself mining over tor
>>25924016Thanks for sharing anon.
>>25924016and I gladly stand up next to you
>>25924016based af>>25917479monegro edition goddammit OP thank you for the keks
>>25917479I'm still not happy with my lighting on the Monero logo, any pro pixel artists out there?
>>25924982tank going forward boys
>>25917479Hello XMRchads. How's life treating you all?
>>25923919>This hides mining activity from your ISP, and >prevents the pool from knowing who you are.Does it affect hashrates much?
>>25926449ofcourse it affects hashratemining jobs roll out fast, if you're delaying yourself its literally a handicap you put on yourself for no reason
>>25926529Than you for helping a brainlet out. I think I will do some tests and compare if it is worth it for me
Friendly reminder that Bitcoin's inherent infungibility has real-world consequences and that the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) maintains a blacklist of tainted digital currency addresses.
I just started my own Monero stack
>>25928634Welcome to the club musume.
I have 1.5 XMR, is there a price prediction by 2025? The only one I found by google says that it would be around 200 bucks, not very bullish
>>25929106>price prediction100 bajillion bajillion dollars
why is monero so good for privacy?
>>25929106>he actually believes random google results are an indication of future performance>these are the people getting interested in XMRkinda bearish for the short term ngl
>>25929106>Searches on google for prices on cryptoKek
I think the interest in Monero will grow as more normies get into crypto and learn about how to exchange currencies without coinbase.
>>25928634>I just started my own Monero stack
i like the monegro rebrading, very inner city
Is there a place to buy Monero stickers with Monero?
>>25929466ask u/cdotsubo if he still has some left
>>25929106>I have 1.5 XMR, is there a price prediction by 2025? The only one I found by google says that it would be around 200 bucks, not very bullishSatis Group, a cryptech analysis firm from NYC, expects that the anticipated influx of offshore/black money assets into XMR will eventually push it to 5 figures.
>>25929466more complex designs here, but more pricy: https://sovereignstreet.art/
>Mfw can't decide on holding my monero or spending it on drugs
>>25929772Thanks I like this.
>>25929466>>25929772>sovereignstreet.art/This dude has some dope designs. Also like 50% of the money goes to the Monero CCS (Community Crowdfunding System).In case you want to plaster the streets with Monero stickers like there is no tomorrow you could join the Monero Guerrilla Sticker group on Telegram. t.me/XMRStickerThey hock you up with like 500 Stickers for around 0.05-0.11 XMR.
also in monero news today https://twitter.com/DontTraceMeBruh/status/1349385889508683778
nanokevlar support at 160 bucks confirmed200 usd nextshould i sell all my BTC for XMR?
ALL-IN with TEH NIGGERS.
>>25930421>he didnt buy xmrbtc 2 days ago?
>>25930421That's what I did.
I'll sell latina voyeur photos and videos for XMR or other cryptos,HIgh quality beach photos
do you think it will be funny in 5 years when lots of drug dealers become millionaires?
>>25930963I always wondered if they hold or if they sell immediately.
>>25930342It should be known that this method still uses centralized liquidity providers, for now.
So once atomic swap is implemented what is the next move for the world governments to stop people from moving UNDISCLOSED AMOUNTS nilly willy?
>>25931941Licensing computer power capable of mining coins. Everyone will have a terminal and all computing power and storage will be in the cloud.
>>25928634welcome to the club anon
>>25930246based>>25930342this is billy bullish af
>>25931355checkedfor now, I see a bright future XMR chads
>>25922191source video for pic?
>>25931284>I always wondered if they hold or if they sell immediately.Knew a guy that was a DNM dealer ages ago, they'd sell as soon as possible due to BTC's volatility. There were actually cash-out vendors that would send cash in the mail in exchange for BTC.
>>25932241There is a local woman on telegram with a bio saying she is a crypto trader. I think she is buying crypto from local vatos for cash.
>>25930246>Telegram. t.me/XMRStickerJust ordered some on telegram. Simple as. Thanks.
Where my CLI chads at?
>>25921507Unless somethings changed in the last month uou can buy with btc on whm retard. I've done it loads of times
>>25924016Damn son, I love both that song and The Lee Greenwood.When I get drunk at Karaoke bars that's the only song I sing.
>>25933424Go see by yourself, today.
>>25933424>Unless somethings changed in the last monthFunny you say that.....
>>25933424They just removed it, check it yourself.
>>25933534>>25933633>>25934634Alright boys my mistake. All aboard the xmr train
All you faggots better start using bisq so my mother fucking order fills I've been waiting 2 days and atms are scams with kyc or else you don't like privacy
Hey I was wondering if I should do solo mining with my old pc. is it really hard to find it? my current hashrate is near 750 H/s I don't pay any electricity bills so that's fine
>>25922645If swaps go through without any hitches there is certainly a possibility for decentralized XMR exchanges yes.At least non shit ones. Interesting times.
>>25935083I can't wait until that first mainstream media fear mongering article about the new cryptocurrency that has taken over the dark net. It will be insanely comfy.
>>25936380>I can't wait until that first mainstream media fear mongering article about the new cryptocurrency that has taken over the dark net. It will be insanely comfy.They've been reporting on it for a few years now.
Newfag here who has never purchased monero or made a single transaction with it. I already installed the GUI wallet and want to exchange some USDT or ETH for some juicy bags of XMR. What do? Was thinking of using the Exodus swap feature, do you anons recommend it?
monero is the future
mad bored & high made these earlier
>>25937490Those articles are small time anon. I’m talking about a massive New York Times editorial, or a cnn video piece.
>>25937631>mad bored & high made these earlierBased.
>>25922735It makes me uneasy that something as significant as atomic swaps is reliant on an update to bitcoin. What if some/all of the bitcoin devs were persuaded to scrap the update?
>>25937490You are right but I think anon is referring to 'mainstream' in the respect of big newspapers or a story on TV or something that will be shown to normalfags who don't really have an interest in cryptocurrencies. I want parents saying to their kids:"You better not be messing with any of those moneyereos on that computer of yours up there in that room!""No mum, I promise..."I want housewives gossiping about how dangerous monero is around afternoon tea. I want schools bringing in guests to educate kids on the dangers of buying monero online just like they did for online chatrooms. I want commissioned adverts and PSAs that say "You wouldn't elliptically curve encrypt a dollar!" and "You wouldn't ring signature your paycheck!"I want them to throw absolutely everything they have at us. That is when we will know that we have truly won.
>>25938068>It makes me uneasy that something as significant as atomic swaps is reliant on an update to bitcoin. What if some/all of the bitcoin devs were persuaded to scrap the update?The Farcaster team will likely move to LTC next regardless.
>>25938068Why? Even worst case scenario if they have to abandon atomic swaps, that doesn't make monero any worse at what it does best (at least to my understanding, please correct me if i'm wrong). It would harm BTC an BTC holders far more it would harm XMR, especially on long timescales. I agree that if that were to happen it would be a huge disappointment and we would miss out on a hugely bullish even but in the unlikely event that it were to happen, you should take solace in the fact (((they))) would be running out of options and VERY desperate. In fact I would be willing to say that it would be only further proof that XMR is bulletproof if those were the extents that you had to go to to try and harm it.
>>25937559>Newfag here who has never purchased monero or made a single transaction with it. I already installed the GUI wallet and want to exchange some USDT or ETH for some juicy bags of XMR. What do? Was thinking of using the Exodus swap feature, do you anons recommend it?Can't comment on Exodus but you might want to try Bisq.
>>25937559ChangeNOW gives better rates afaik
>>25935696Sadly you won't make a profit mining monero unless you have a ryzen.
>>25932106>>25929313>>25928747Thank you.Have this (fixed version)
>>25918642it basically is a stablecoin desu
>>25917479Newfag here, if I buy just for holding and I live in a third world shithole where there are literally zero laws about crypto does it even matter if I star anonymous or if I disclose my amount?
>>25939756>Newfag here, if I buy just for holding and I live in a third world shithole where there are literally zero laws about crypto does it even matter if I star anonymous or if I disclose my amount?Not really. If anybody ever asks, you lost your paper wallet.
Should i mine monero or something less popular like nerva?>>25939351Nice
>>25938957Is ryzen 3 good?
>>25941082They're a good CPU but not the best miners
>>25929313>monigger is our word, but you can say monigga
How many do i need to be a millionaire? Timescale?
>>25942008>How many do i need to be a millionaire? Timescale?5-10 years.
>>25938749Do you need KYC or account registration?
>>25942461>amount?Depends on how long you're willing to sit still and wait. Monero is projected to eventually hit 5 figures so 50 -100 XMR should eventually put you in (multi)millionaire territory. The longer you wait to cash out, the higher the yield.
>>25942316That’s a conservative time scale
>>25917479Is Waves a good dex to swap btc for xmr? I don't believe there is KYC but it's a hybrid dex which I don't know what that means
how do i go about mining, do i need a desktop wallet to do that?
>>25942743>That’s a conservative time scaleTrue, things can change rapidly in this insane market so its anybody's guess, really. Monero is well-primed for a slingshot rise assuming certain conditions are met, just need to reach the FOMO tipping point and an epic bullrun should ensue.One thing XMR has going for it is its "it's the real Bitcoin" reputation, that very easily translates into "it's the next Bitcoin", which is what every normie that missed out on the BTC frenzy wants to hear.In any case, without doubt exciting times lay ahead.
>>25917479>Monero has also improved upon the scaling downsides of the current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs goes higher. Further, the mining network algorithm Random X establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.this sounds interestingis mining monero actually viable?
>>25943171Truthfully, XMR’s success depends on its accessibility and liquidity. The accessibility aspect makes it a viable currency because it is inter-operable with mainstream currencies. Liquidity will also make it a less speculative asset. Ultimately, Monero’s success depends on atomic swaps. When XMR gains access to BTC’s liquidity, we will see some significant price discovery.
>>25942760someone answer me>>25943368It's already pretty easy to get XMR with KYC. That being said, people are starting to realize that XMR is battle tested and better than BTC in every way which I think is more important that atomic swaps, but any step towards decentralization will help the space in general
>>25943368In short, the next 18 months are the last months for any real accumulation in terms of BTC ratio. We will appreciate along with BTC until the impending disruption occurs.
>>25943481Easy for someone who is confident and capable in the crypto sphere. How many people do you know with accounts on Kraken vs Coinbase? Binance US vs Binance (with VPN)? I may sound US-centric, but the fact is that most of the world’s wealth is concentrated in the US. The normies with disposable income do not have “easy” access to XMR due to crypto illiteracy or structural issues. Atomic swaps will be a technical barrier, but once XMR starts moving and institutions lag, greedy normies will get off their asses to profit.
Looking to get in on XMR soon enough. Scenarios for 5 year hodl? Make it stack?
Any guide to start for a retarded anon? I do not have any crypto
>>25943740This is personal opinion buuuut...1-2 yr make it stack = 1004-5 yr make it stack = 10
sorry monerofags i hate to break it to you but...bitcoin cash is better than monerohttps://www.youtube.com/watch?v=6WEAVk-Mm0E
>>25944241Are those millionare maker stacks? Anything below a million in my country is a wagie tier.
>>25944310go shill somewhere else retard nobody is gonna buy your tard monkey cash
>>25944310>resorting to the inflation bug meme kek
>>25944400>>25944458>>25944520while you fags are busy holding your inflated coins, my wallet has been busy shuffling bitcoin cash all day every day
>>25944326>Are those millionare maker stacks? Anything below a million in my country is a wagie tier.If we go by the Satis Group estimate, Monero should reach $40K by the end of the decade. If that actually pans out then just 25 XMR will yield you $1 million, if you have 50 XMR that is $2 million, if you have 100 XMR it's $4 million and so forth.
>>25944241suicide stack 18.7comfy stack 50make it stack 1002031
>>25944310What's that? Is it like Bitcoin but on paper instead of the internet?