/XMR/ Monero General

[Anonymous No.58201824]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, 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 ensure that Monero's blockchain is obfuscated -- In other words, 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 user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions 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 to 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 gradually approached 0.6 XMR in June 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.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

[Anonymous No.58201836]

>>58201824
Imagine shilling a stablecoin

[Anonymous No.58201837]

PREVIOUS THREAD: >>58156610

[Anonymous No.58201848]

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shut down/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't. It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

https://www.reddit.com/r/MoneroMining
https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

[Anonymous No.58201852]

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

[Anonymous No.58201856]

as the hours pass I will let you know how

[Anonymous No.58201862]

Never forget what this is ultimately all about.

https://anarkio.codeberg.page/agorism/
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/?t=service&q=&xmr=on

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Monero-only VPS hosting
https://kyun.host/

>Monero-only bullion shop
https://monerometals.com/

>Buy on Amazon with XMR!
https://monezon.com
https://peershop.app

>Win XMR!
https://monero.vegas/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Alias Market #
>Archetyp
>Asur Market
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>Drugula #
>FilthyFellas
>Gofish Market #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/ivG7HN52


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED


or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me/
https://unstoppableswap.net/


>Want to support further development?
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

[Anonymous No.58201868]

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

[Anonymous No.58201872]

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.


>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

[Anonymous No.58201885]

>>58201872
this is the most damning imo, this ends every debate, a bitshit can't argue with this

[¥ VEIL PROJECT No.58201902]

>>58201824
>>58201885
6 posts in and still no Monerochan?!

[Anonymous No.58201927]

We need Monero-chan.

[Anonymous No.58202125]

I like the red one

[Anonymous No.58202189]

>>58202168
>>58202168
>>58202168
>>58202168

>>58201973
nope, just my employer LMAO

[Anonymous No.58202233]

EVERYTHING IS PUMPING
ONLY MONERO IS DUMPING

[Anonymous No.58202255]

>>58201824
Monero is not a store of value.

[Anonymous No.58202266]

>>58202255
You sure about that, fedboi?

[Anonymous No.58202268]

>>58202233
Was gonna sell on moneromarket but decided against it for this reason. Worried about losing too much value while funds are in escrow.

[Anonymous No.58202277]

>>58201902
tfw no uzi

[Anonymous No.58202292]

>>58202266
Yes.

[Anonymous No.58202390]

With price going down, Monero loses hashrate and becomes more vulnerable to attacks. The price must 10x for Monero to survive. Start buying.

[Anonymous No.58202429]

>>58202255
It's a medium of exchange. You don't buy and hold, you trade moves off the 200.

>>58202390
Monero hash rate is still wildly disproportionate to value and probably always will be.

[Anonymous No.58202481]

>>58202268
So your plan is to buy high and sell low.

[Anonymous No.58202513]

>>58202481
>sell item
>funds sit in escrow
>funds lose 7% by the time funds released and swapped for something decent

[Anonymous No.58202530]

>>58202268
>>58202513
It would be nice if monero market had hedging like some of the dnms.

[Anonymous No.58202542]

>>58202513
So you're wagering Monero won't return to the blue line? I dunno man.

[Anonymous No.58202555]

>>58202513
>swapped for something decent
So you are using Monero for anonymity and then deanonimize yourself by using public blockchain?

[Anonymous No.58202620]

>>58202255
>Monero is not a store of value.

No crypto is a reliable store of value yet. Stablecoins are currently the closest thing we have.

[Anonymous No.58202731]

>>58202542
I'm not wagering anything. I don't want to wager. I just want to sell stuff and not have to think about volatility or my purchasing power going down the shitter.

[Anonymous No.58202761]

Sirs do not redeem

[Anonymous No.58202763]

Threadly reminder

[Anonymous No.58202770]

Sirs do not redeem!!

[Anonymous No.58202814]

>>58202731
>i'm doing illegal shit with fake money over the internet
>but i don't want any risk
Why don't you just tell us where you're short from so we know when to clap?

[Anonymous No.58202830]

>>58202429
A hash is not a hash. Someone should establish a conversion factor for effort scaling of different algorithms, so you could multiply the Monero network hashrate by the "SHA256 hashes per hash" value of RandomX for a straight comparison to BTC.

[Anonymous No.58202836]

>>58202814
I'm not doing illegal shit. I just want to sell stuff.

[Anonymous No.58202901]

Why did monero make me poor, bros?

[Anonymous No.58202909]

>>58202390
Steady lads. Deployong more capital.

[Anonymous No.58202940]

Bros im running out of btc because everytime it hits new lows i have to slurp some but it keeps dumping

[El Arcón No.58202947]

[Anonymous No.58203072]

>>58202947
Stop talking me infinity hat guy.

[Anonymous No.58203399]

Ya'll fucked bro. got spam attacked, ur shit's pwn'd.

[Anonymous No.58203458]

>>58203399
Spam attack is over. It is the price that matters most right now.

[Anonymous No.58203491]

>>58203458
Price is fine. You should expect a retrace back to where it consolidated in Feb. If it breaks convincingly below 100 we'll talk about discovery.

[Anonymous No.58203595]

>>58201880
Got these responses
>Windows Resource Protection found corrupt files but was unable to fix some of them.
For online repairs, details are included in the CBS log file located at
windir\Logs\CBS\CBS.log. For example C:\Windows\Logs\CBS\CBS.log. For offline
repairs, details are included in the log file provided by the /OFFLOGFILE flag.
>There is not enough space on the disk.
The DISM log file can be found at C:\WINDOWS\Logs\DISM\dism.log
PS C:\WINDOWS\system32>

Still cant sync

[Anonymous No.58203629]

>>58203595
Your OS is broken and your hard drive is full. Back up your files, stick a bigger SSD in there, and install Linux (or reinstall Windows if you really must).

[None !!ZrnK6IK8Nit No.58203635]

Reporting in
##################################
IRC - https://pastebin.com/kP1gZ1Hk
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

[Anonymous No.58203693]

>>58203458
>It is the price that matters most right now.

What is this moonfaggotry? Price is secondary to adoption as a medium-of-exchange in a circular economy.

A high price that isn't backed by real economic activity is unsustainable in the long-term. Easy come, easy go.

[Anonymous No.58203811]

>>58203595
Check SMART logs from Crystal Disk Info or whatever and see if you have pending sectors or unrecoverable errors. If it's not disk it's most likely memory or power supply.

[Anonymous No.58203984]

>>58203399
Nice FUD retard.

[Anonymous No.58204006]

>>58202830
That factor would depend on the hardware used though. SHA256/RandomX would be much lower for CPUs than for GPUs and similarly ASICs would have a different factor too though they don't really exist for RandomX but are the primary way we has SHA256 cryptos so the factor would be important to know.

[Anonymous No.58204017]

>>58204006
ASICs don't get a scaling factor, they're algo specific.

[Anonymous No.58204036]

>>58202555
I'm trying to easily sell stuff without eBay taking a chunk out of my ass, im not trying to hack the planet.

[Anonymous No.58204108]

>>58204017
You could still compare the hashrate of the fastest (or most popular) RandomX ASIC (if one existed) to the fastest SHA256 ASIC and get the factor that the other anon suggested. It's not as good as with CPUs where you can compare the hashrate on the exact same hardware. But it could still be used to compare the hashrate of the two currencies.

I think a better way would be to compare the cost of launching a 51% attack on either currency. Though that too isn't well-defined: 1) Depending on how long you want to keep the attack going, electricity costs (vs hardware costs) can be a different ratio of the total cost. 2) How do you calculate and take into account the resell value of the hardware once you are done with the attack? Because buying enough SHA256 ASICs to 51% BTC would likely completely demolish the value of BTC and all other SHA256 cryptos, and with them, the value of those ASICs. While buying CPUs to attack XMR would likely have no effect on the resell value of those CPUs once you are over with the attack.

[Anonymous No.58204170]

What I love about holding Monero is knowing I can send any amount to anyone with a wallet across the world and governments cannot steal ANY of my money in the process. This is what 21st century monetary freedom feels like, and it's inspiring.

[Anonymous No.58204253]

>>58203635
Based reporter

[Anonymous No.58204735]

would you buy one?

[Anonymous No.58204824]

>>58203693
If you didn't notice, Monero cannot resist flood attacks. Price has to go up for the network to survive.

[Anonymous No.58204843]

>>58204036
You could always charge a premium or stop selling if Monero is over about 160, like coin shops do with PMs. The odds of it not coming back to a point in the 120-150 range within a few weeks are pretty slim.

[Anonymous No.58204877]

>>58204824
Quite literally nothing happened.

[Anonymous No.58205094]

>>58204843
Crypto only white markets will only take off if premiums are lower than conventional markets, not higher.

[Anonymous No.58205379]

>>58204824
>monero resisted a flood attack
>based on this monero cannot resist flood attacks

[Anonymous No.58205458]

>>58205094
You have to be 18 or over to post here.

[Anonymous No.58205487]

pretty sure some of this must relate to people trying to get money out of kucoin and being unable to withdraw xmr. basically they are forced to sell "xmr" on kucoin to another coin that allows withdrawals, tanking the price. also kind of tough when you have binance, literally the biggest cex in the world, benefitting from crushing your price. hold on monerobros

[Anonymous No.58205558]

>>58205487
The Binance dump is already priced in. We crashed like 40% and recovered.

[Anonymous No.58205809]

monero isnt really even "private" at all

[Anonymous No.58205970]

>>58205809
elaborate

[Anonymous No.58206207]

>>58204824
>Monero cannot resist flood attacks.
Nigga, you trippin.

[Anonymous No.58206210]

>>58205809
Retarded.

[Anonymous No.58206220]

Anybody using anonero? Is it trustworthy enough for an xxx stack?

[Anonymous No.58206271]

I feel like the non Monero-chan OP image brought in all the fudders and newfags.

[Anonymous No.58206292]

>>58204735
None. I don't want glowies knowing I own XMR just by looking at a piece of hardware. A phone plus aigrapped laptop is still the best option.

[Anonymous No.58206309]

>>58206220
Yeah, seems so. I am using it for my stack. If you don't trust ANON, you can use feather on an aigrapped laptop with a webcam and still use the NERO program. Feather can generate dynamic QR codes so it's very convenient.

[Anonymous No.58206317]

whats more helpful to the network, running a node on your GUI wallet or running xmrig to mine?

[Anonymous No.58206322]

>>58204735
The stamping kit is cool though.

[Anonymous No.58206427]

Why is every other "privacy" project such a scam? Everything has premines and/or dev fees. Makes me value Monero so much more.

[Anonymous No.58206428]

EYES ON THE PRIZE

> SERAPHIS
> JAMTIS
> FULL MEMBERSHIP PROOFS

MONERO IS THE FINAL SOLUTION TO THE TAXMAN QUESTION.

[Anonymous No.58206433]

For the Captain!

Download all the episodes (01-19) of Captain Blackbeard Radio on I2P torrents:

magnet:?xt=urn:btih:d14744b96a6eeaefbca26b9a175c00cffc5922f8&dn=Captain+Blackbeard+Radio+Ep.01-19&tr=http://tracker2.postman.i2p/announce.php

I2P Torrenting FAQ:
1) Download i2pd.website
2) Download Qbittorrent 4.6.3 (LT20 ==> LIBTORRENT 2.0 VERSION!)
3) Setup your Qbittorrent client as is shown here: https://github.com/qbittorrent/qBittorrent/issues/19794#issuecomment-1890950600
4) Sneed & feed the captain's radio Finest Sounds From The Underground!

[Anonymous No.58206437]

>p2p
>i2p
>gpg
>xmr
Neveko is the final solution to the extorting dnm glowies
https://github.com/creating2morrow/neveko

[Anonymous No.58206563]

>>58206437
How do you trustlessly share GPG keys? Tying keys to transactions via keyservers was a classic cop trick for busting clearnet crime. Metadata is half the battle.

[Anonymous No.58206719]

>>58205379
Where do these retards come from?

[Anonymous No.58206740]

>>58206317
Probably mining. Right now there are two centralized pools that account for roughly 2/3rds of the hashrate, we really need p2pool to be the dominant mining pool.

[Anonymous No.58206795]

>>58206740
>pool fees
>less profit than moneroocean
Why do they even exist? It should only be p2pool for mining Monero directly.

[Anonymous No.58207420]

>>58204735
Yeah but when they cost less in XMR (ie XMR goes up). Also they'd ideally be able to send it to a PO box without my name.

[Anonymous No.58208408]

Happy Easter!

[Anonymous No.58208435]

>>58208408
lul'd at the ears.

[Anonymous No.58208466]

>>58201824
It's...
>fuck'em, and their law
Actually

One of my favourite tunes. Actually.
>YIP YIP YIPPY YIPPY YOW!

[Anonymous No.58208469]

>>58208435
mission accomplished

[Anonymous No.58208505]

>>58208408
nice one, kraut

[Anonymous No.58208510]

>>58201824
What’s more secure to use on Android? Monerujo or Cake wallet?

[Anonymous No.58208541]

> tfw no monero-chan fumo in a bunny suit

[Anonymous No.58208574]

Do I really need to do all this? No wonder Monero never pumps its a headache to use.
https://www.getmonero.org/resources/user-guides/verification-windows-beginner.html

[Anonymous No.58208626]

i've heard that monero isn't really private, because there's not enough volume in and out to be undetectable... that because of the low usage, it's not reliable for privacy

[Anonymous No.58208654]

>>58208574
IQ gated community. Now learn or sink.

[Anonymous No.58208733]

>>58204824
>Monero cannot resist flood attacks.

It just did.

>Price has to go up for the network to survive.

See, there's 2 basic ways to get the price to go up, the easy way and the hard way.

Easy way: shill XMR as a get-rich-quick opportunity that guarantees muh generational wealth + wash trading . The moonfag's choice.
Hard way: create a thriving underground economy that attracts normies and guarantees growing long-term demand. The agorist's choice.

Guess which one we're going with?

[Anonymous No.58208788]

>>58201824
every week buy and spend xmr. buy more than you spend to keep growing your stack. fuck banks, fuck governments, fuck the fed

[Anonymous No.58208789]

>>58208574
No, you can skip this. This is the same as with any other coin, Monero just has schizo community.

[Anonymous No.58208790]

>>58208626
>i've heard that monero isn't really private, because there's not enough volume in and out to be undetectable... that because of the low usage, it's not reliable for privacy

lol this is retard-tier maxi FUD. If XMR wasn't reliable, it wouldn't be driving BTC out of the darknet economy.

[Anonymous No.58208815]

>>58205379
>>58206207
>>58208733
This attack costs ~80 XMR and reduces effective decoy count from 16 to ~5. Some transactions issued during this time are now "naked" e.g. only have fake decoys. Not a good look.

[Anonymous No.58208845]

>>58208626
Can you tell us what number would be sufficient? It currently averages something like 35 per block. Is there a reason you can't just create your own TX spam to enhance anonymity since transactions are so cheap?

[Anonymous No.58208848]

>>58208815
>Some transactions issued during this time are now "naked" e.g. only have fake decoys

As addressed in the previous General, this vulnerability doesn't last long due to most decoys being 36 hours old or newer.

[Anonymous No.58209045]

>>58208733
>>58208848
/DCG/ Damage Control General

[Anonymous No.58209530]

>>58208510
monerujo

[Anonymous No.58210109]

You know what we need? A script, or maybe even a feature on the GUI wallet, that allows the user to select how much they want to spend and over how many days, and let them launch a spam attack of their own using automatic fee (or any other fee level). That way when there's a spam attack, we can all chip in something to add some spam of our own and counteract the attack.

A potential issue is that we won't be able to know when the original attack stops and we may end up counter-spamming each other, but is that even an issue? It will simply mean that we are creating "white marbles" which should help increase privacy.

Another potential issue is that future analysis of such attacks will be more pessimistic than it needs to be since we'll be thinking there's more "black marbles" than there really are.

On the other hand, full-membership jujus will make this sort of spam ineffective, right? Maybe we're better off chipping in the same money on developer donations to fund full-membership proofs, would that help speed up development?

[Anonymous No.58210460]

>>58204170
its great that this product exist and the stamping stcks look so cool. But I wouldn't use it because is more convenient to use ledger or trezor so that I can hold many more coins

[Anonymous No.58210779]

>>58208626
nothing online or digital is truly private anymore but unless you are doing some nation state level provocations the kikes will leave you alone because they dont want to let the secret get out that they have technology to control and read everything you do

[Anonymous No.58211190]

>>58210109
>On the other hand, full-membership jujus will make this sort of spam ineffective, right? Maybe we're better off chipping in the same money on developer donations to fund full-membership proofs, would that help speed up development?

Yeah, FCMP's aren't too far off so all the focus should be on that rather than bloating the blockchain.

In the meantime, just churn if there's an ongoing attack or stick to DEXs, Haveno and Serai are just about ready for prime time.

Bottom line: this isn't really something worth losing sleep over, as seen the percentage of fully deanonymized spends was barely above 1%, and that would only be an issue if KYC'd platforms were involved.

[Anonymous No.58211313]

yo, the whole supposed deanon "attack" right

couldn't you just make a new address in literally 1 click and then be anon again

wow, these feds are really putting a lot of effort into this

[Anonymous No.58211559]

>>58211313
>couldn't you just make a new address in literally 1 click and then be anon again

Addresses (and amounts) don't appear on the blockchain so this wouldn't be necessary. Outputs, however, must still be referenced on-chain when being spent, and this requirement is what the attack exploits.

With sufficient flooding they could theoretically prove that you spent a certain output, but nothing else. Not that you sent X amount of Monero to address Y from address Z.

And this final vulnerability is what full-chain membership proofs fix once and for all: referencing the true spend directly on-chain will no longer be necessary, you'll use a ZKP to prove only that your output is an unspent member of a very large set of outputs i.e. the entire blockchain, bye bye ring signatures and sayonara flooding attacks.

[Anonymous No.58211724]

>>58211559
how do they see the outputs

so they spam transactions and just test every address for outputs out of the ring sigs

[Anonymous No.58211787]

I still don’t get it what is mine to actually hiding or keeping private great marketing scheme I’ll give you that

[Anonymous No.58211845]

>>58211724
>how do they see the outputs

Outputs are visible on the blockchain. Hence the need for decoys.


>so they spam transactions and just test every address for outputs out of the ring sigs

There are no addresses to test. They spam TXs to generate a large set of marked outputs that will then hopefully all be used as decoys in subsequent TXs, thereby reducing their effective ring size to 1. However, this only succeeds for about 1% of TXs and only while the attack is ongoing.

[Anonymous No.58211867]

>>58210109
>add some spam of our own and counteract the attack
how does this help

[Anonymous No.58211882]

>>58211845
so if my output is used as a decoy I can see another transaction, so every ring signature, is it based on outputs or addresses, I thought it was addresses

based on my limited knowledge I don't understand how they get anything fruitful out of this

[Anonymous No.58211903]

>>58211867
>how does this help

It dilutes their set of marked outputs.

[Anonymous No.58211932]

>>58211882
>is it based on outputs or addresses, I thought it was addresses

No addresses are visible on the blockchain.

>based on my limited knowledge I don't understand how they get anything fruitful out of this

Yeah, its a Hail Mary pass. Without corroborating KYC data, its pretty much useless info.

[Anonymous No.58211946]

>>58211882
You withdraw XMR from a KYC CEX. You then use the XMR to pay someone but that someone is actually trying to find who you really are. If you are unlucky enough that your payment to them uses all fake/spam decoys, they will know those are decoys, so they will know the real previous output that you are spending. If they collaborate with the CEX (or force them to cooperate with them) the exchange would know that this output that you are spending is actually the output they sent to the Mr. Anon Doe, their KYCed client.

[Anonymous No.58211969]

>>58211946
does the output have the amount you sent as well

[Anonymous No.58211994]

>>58211969
It's not visible on the blockchain, but the CEX that generated that output when you withdrew XMR knows how much they sent you, so assuming they cooperate with the one trying to de-anon you, they'd give them that info as well.

[Anonymous No.58212032]

>>58211903
is doing that worth adding more spam? how much more spam?

[Anonymous No.58212065]

>>58211994
so fake outputs aren't generated to give you ring signatures, it's based on the real outputs at any given time, per block I assume

[Anonymous No.58212115]

>>58212032
>is doing that worth adding more spam? how much more spam?

Not really. As mentioned, only 1% of true spends are fully deanonymized while the attack lasts.

[Anonymous No.58212133]

>>58212115
couldn't you just send it to yourself on another address and then instantly beat this

seems retarded

AWGAY

[Anonymous No.58212196]

Can someone go fork Serai and get that shit live now? Feels like this dev wants perfection and won't ever launch.

[Anonymous No.58212219]

>>58212032
I don't think this question is answerable. I would personally say that it's not worth it but other users may be risking their lives or livelihoods on good anonymity so it would be worth it to them if someone did the counterspam.

The main benefit of doing it would be to prove to potential attackers that there's a group of users willing to do it, making it pointless for them to even try again. Ideally we're have to do the counterspam once, and then it wouldn't be needed again. But how would we solve the issue of how to figure out when to stop counterspamming? Waiting for full membership proofs sounds like a better idea to me.

>>58212065
I'm not sure what you mean. There are no "fake" outputs, no. Your tx is spending a real output (it obviously has to spend a real one) but to hide which one it is, it bundles it with randomly chosen but very real outputs of other txs of other users (those outputs are called decoys for your tx). The random selection favors more recent txs, but it can select old txs too. It tries to mimic the natural probability of an output of age X to be spent, so that none of the decoys stands out as decoy.

>>58212133
Correct! If you churn (that's what it's called) then for the attack to work on you, you'd need to be unlucky twice in a row: select bad decoys on the first tx (1% chance) and select bad decoys in the second tx (another 1%) so in total it's a 0.01% probability of happening. I'm simplifying of course and churning MAY leak info about you in other ways, and these are the probabilities for being 100% de-anoned but even if you aren't 100% de-anoned your plausible deniability is diminished in most cases so if you do repeated transactions they may be able to narrow it down to you quicker than normal.

But churning helps with all of that. And while there's no limit about how many times you can do it, there are also no guidelines on what's the best way to do it, other than leaving a few hours between churns.

[Anonymous No.58212282]

>>58212219
so it's a massive nothing burger then and just basic opsec defeats it


honestly if they keep spamming like that it would probably only take most users self sending a transaction once per day to completely shut down this extremely weak attack vector

it's nothing

[Anonymous No.58213017]

Does Bisq require the full chain to be DL to use?

[Anonymous No.58213602]

Can somebody explain why monero isn't sitting around 170 dollars crab now? I'm not talking 10x moon speaking but it makes no sense why monero pricing isn't slowly rising up and crabbing upwards considering inflation and crypto markets getting a spike in new fiat through solana shitcoins. Is this all one big game played by whales and market manipulators afraid of price discovery, cause I'm believing the tinfoil posts at this point. Like bitcoin was doing too good and ethereum came out to divert money from it. Ethereum was a great scam for awhile then you had cardano bullshit. Cardano died out then even in bear market lows you had avax spam, then solana was all of a sudden propped up in last year? In bear markets the "doesn't pass h0wEy test" shitcoin factory chain coin XYZ wont get ETF meme yet there is always some chain to shit out max velocity more fiat sponges and absolute zero crackdown on shitcoins. Then we have roger ver coming out of nowhere shilling his book and bitcoin trash pumps. Bitcoin just barely gets above ATH, monero can't stabilize above 160. Its like there is a massive endless fiat stream and its top down controlled to throw the equivalent of a small cap public company at the newest "dogniggawithbluetoothheadsetmic" coin. This can't all be tether printing alone.

[Anonymous No.58213619]

I'm selling this shitcoin but my wallet is taking days to update.

[Anonymous No.58213783]

>>58213602

Forget it, Jake. It's ClownWorld.

[Anonymous No.58213819]

>>58201824
I really thought crypto was dead but Monero had a bright future. Fuck did I call that one wrong. Why no bounce with the rest?

[Anonymous No.58213831]

>>58213602
good post

[Anonymous No.58213872]

>>58213602
The market is always wrong.

George Soros

[Anonymous No.58214650]

>>58213602
Your mistake is taking this clown market seriously. The whole thing is a rigged casino where moonfags get fleeced and scammers get rich. Once you realize this everything finally makes sense and you can get back to more productive matters.