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26363600 No.26363600 [Reply] [Original]

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 transactions being visible only by a Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs increases. Further, the mining network algorithm RandomX 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 MoneroChad will be with you shortly.


OFFICIAL WEBSITE - https://web.getmonero.org

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>Cold Storage
https://archive.is/DEfsP

>> No.26364075
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26364075

>>26363600
Checked. Comfy alt season inbound

>> No.26364484

>>26363600
XMR pros: Private, actual currency, stable price
XMR cons: It doesn't fucking make me rich

>> No.26364603

I wonder if people who dumped their bags expecting sub $100 will get rekt by this recovery

>> No.26364642

Comfy holding undisclosed amount. Ready for any crypto crackdown by the Biden administration

>> No.26365539

Honestly though, how do I actually buy this to keep it anonymous? Is it worth cold storage, I've read all these links. I just prefer a low fiat holding and think this crypto will actually have use in 10 years unlike basically every other one

>> No.26365550
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26365550

>>26363600
Added more monero today. 31 XMR to be precise

Thanks for selling to me

>> No.26365650

>>26364484
Consider if you had been holding BTC in like 2012 how fucking bleak and boring it would’ve seemed.

>> No.26366306

>>26364484
>XMR cons: It doesn't fucking make me rich
good, that's what all the normies think. Monero is on sale for a long time to come. I feel way better investing in XMR than the stock market right now.

>> No.26366307

>>26365539
>how do I actually buy this to keep it anonymous?
by not talking about it. Once you've removed it from the exchange it disappers from view and you could always claim you've lost your keys

>>26365550
you should have said [unknown amount], now I'm jealous

>> No.26366501
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26366501

>>26365550
>mobile wallet
thanks for the money bro