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27462872 No.27462872 [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
httpsarchive.isTWOah

HOW TO STORE MONERO

Desktop
GuiCli (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.27462950

Based

>> No.27463086
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27463086

>>27462950
might've posted a little too early for burgers

>> No.27463555

why don’t we shill Monero to the moon, so more people could gain knowledge about the usage of this currency?

>> No.27463761

>>27462872
Currently buying 1 Monero a week. The most based crypto in existence.

>> No.27463771
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27463771

>>27463555
This general is here atleast everyday, people are too occupied with scamcoins, or they are too deep in delusion and call it a "pedocoin" or "scamcoin" even though Bitcoin was called that for years too. I'm almost certain something will happen in the near future to make people realize the power of Monero. Whatever it may be, you can use your imagination, there are probably thousands of scenarios that would make different people wake up to it.

>> No.27463853

>>27463761
Good shit man.
>>27463771
I meant to say "criminalcoin"* in place of scamcoin, sorry I just woke up.

>> No.27464007
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27464007

>monero thread

>> No.27464087

>>27462872
>premined

>> No.27464310

>>27464087
Never heard anything about that, enlighten me.