TLDR: I am afraid the Seraphis upgrade might make it possible for governments to pass legislation demanding all businesses and exchanges to collect wallet view keys from users for any and all transactions involving Monero and maintain records, hence allowing state sponsored blockchain analysis companies the abilty to ‘Trace’...
In that sense, bitcoin is already working great and why should anyone ever bother anymore.
The issue has been discussed in the past, it is a real issue and many have already voiced concerns. I’m glad I see people bringing it up every now and then, I would get suspicious if none did.
OXEN is a fork of Monero that uses proof of stake instead of proof of work and supports instant transactions. Lokinet (onion router, like tor) and Session (messanger) are build on top of it. I just discovered it a week ago and I’m suprised that I hadn’t heard of it before. In my opinion It’s a better Monero (except that...
Monero does instant transactions, visa is proof of stake. They are unrelated things with different uses in mind. I don’t understand how you compare the two. What can you do with oxen?
The whole point of me making certain payments with crypto is for it not to be attached to my name. obviously the crypto service company has my cc details. whats the most privacy friendly one? ty :)
I bought it in the early days and moved several times due to security reasons. As a result, I’m unable to prove its origin. What would be a viable strategy to cash out?
The short answer is you can’t. Hold small amounts so fluctuations don’t bother you that much. USDT (any stablecoin for that matter) is only stable until it isn’t.
I meant, not a mention of an exchange shutting down or blocking anyone from accessing their accounts. And there’s no need for it either if you have already lost access to your bank account. Then again, zerohedge…
Last I checked everything was in pre-order, you weren’t supposed to receive anything yet from what I understand. Maybe the expiration message was an automation glitch or something?
You’re absolutely right. I’m just saying give it another week or so, near release things can get out of hand quickly. And post back whatever the outcome, I’m sure I wasn’t the only one thinking of pre-ordering before reading your post.
Once upon a time, there was a beautiful island called Degendaland. On Degendaland there were little people living their little people lives in their 1000 great houses, and the 1000 great houses were all the greatest treasure of the little people....
I posted before a different video on “How Monero Works”, but this one is on Why, and it uses a fast CDN now. I know some people complained about the speed before....
Great work, no bandwidth issues for me. I feel this is a simplified “how” still and normies have yet to understand the real “why”. Not an easy task I’m sure, but you obviously have the ability and understanding.
Make Cindy go to prison for transacting with Bob, make Bob unable to get a loan for transacting with the “wrong” Alice, get Alice to spend years in courts trying to prove she’s not a witch (or an elephant for that matter) and make them all unable to escape buying food with vouchers their government is providing. Find better examples obviously. Keep it up either way!
I guess the operators of Nanopool are really good guys deciding not to do a double spend attack on the network while having more than 55% of the total hashrate 🫠...
Paranoid about the Seraphis upgrade
TLDR: I am afraid the Seraphis upgrade might make it possible for governments to pass legislation demanding all businesses and exchanges to collect wallet view keys from users for any and all transactions involving Monero and maintain records, hence allowing state sponsored blockchain analysis companies the abilty to ‘Trace’...
I wonder if these two charts are correlated? BTC TX fees are helping Monero grow? (monero.town)
The failure of the BTC network is a great on-boarding opportunity for Monero.
List of monero related forums/networks (monero.im)
Feel free to advise anything
Monero Observer - CT-017: Rethinking the Monero CCS: A cypherpunk proposal (monero.observer)
What do you think about OXEM?
OXEN is a fork of Monero that uses proof of stake instead of proof of work and supports instant transactions. Lokinet (onion router, like tor) and Session (messanger) are build on top of it. I just discovered it a week ago and I’m suprised that I hadn’t heard of it before. In my opinion It’s a better Monero (except that...
Most private crypto wallet?
The whole point of me making certain payments with crypto is for it not to be attached to my name. obviously the crypto service company has my cc details. whats the most privacy friendly one? ty :)
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How to sell $300k+ Monero without origin of funds?
I bought it in the early days and moved several times due to security reasons. As a result, I’m unable to prove its origin. What would be a viable strategy to cash out?
Devzat @ monerobros.club | Chat in SSH with zero dependencies!
devzat caught our eyes and we wanted to spice things up a little bit....
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"The first professional #XMR Miner, pioneering XMR Mining!" - Bitmain (nitter.net)
18+ ZH article on financial discrimination by crypto exchanges (www.zerohedge.com)
Porn stars and sex workers turned to crypto after being debanked, but are now being blacklisted by exchanges
The Monero Standard: Why Monero is the Solution w/ Michael Fitzergald AKA Stoic.XMR EPI #279 (odysee.com)
Looks like we’re having a new book!
Little Degen and Mister Fiat (monero.town)
Once upon a time, there was a beautiful island called Degendaland. On Degendaland there were little people living their little people lives in their 1000 great houses, and the 1000 great houses were all the greatest treasure of the little people....
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Why Monero: Video to Convince your normie friends (video on Fast CDN) (monero.town)
I posted before a different video on “How Monero Works”, but this one is on Why, and it uses a fast CDN now. I know some people complained about the speed before....
51% Attack (miningpoolstats.stream)
I guess the operators of Nanopool are really good guys deciding not to do a double spend attack on the network while having more than 55% of the total hashrate 🫠...