<k​ufecure:xmr.se> Does Roman’s lawsuit have an impact on Monero?

<b​kdiiwqdioo897b:matrix.org> An anonymizing software provider is not a money transmitter. FinCEN regulations exempt from the definition of money transmitter those persons providing “the delivery, communication, or network access services used by a money transmitter to support money transmission services.” 60 60. 31 CFR § 1010.100(ff)(5)(ii). This is because suppliers of tools (communications, hardware, o<clipped message>

<b​kdiiwqdioo897b:matrix.org> r software) that may be utilized in money transmission, like anonymizing software, are engaged in trade and not money transmission.

<b​kdiiwqdioo897b:matrix.org> By contrast, a person that utilizes the software to anonymize the person’s own transactions will be either a user or a money transmitter, depending on the purpose of each transaction. For example, a user would employ the software when paying for goods or services on its own behalf, while a money transmitter would use it to engage as a business in the acceptance and transmission <clipped message>

<b​kdiiwqdioo897b:matrix.org> of value as a transmittor’s or intermediary’s financial institution.

<b​kdiiwqdioo897b:matrix.org> fincen.gov/sites/default/files/2019…%20Guidance%20CVC%20FINAL%20508.pdf

<m​atrixuser2175:matrix.org> monero price low due to qubic. Is it a bad idea to swap crypto to monero on cake wallet as an investment? I know that's not the point of monero, but seems like now is a good time to purchase. just worried about tracking concerns

<m​atrixuser2175:matrix.org> have read lots of info on monero. Seems that even non custodial wallets are not recommended to be used with exchanges unless transferring from wallet to wallet before actually using monero. and with something like cake, it seems like all the other Cryptos require kyc to buy which seems to comprise the point of buying monero, even as a simple investment which should generally be legal

<m​atrixuser2175:matrix.org> sorry if this is newb speak, genuinely curious and greatly appreciate any insights

<f​ullninja:matrix.org> Trocador.app

<m​odul8:matrix.org> monero has a use and so has a good reason for a candidate for investment.

<a​pplelover999:matrix.org> Ultimately meaningless. The state ignores, manipulates, and makes up the rules on a whim.

<a​pplelover999:matrix.org> Ultimately Monero only survives through decentralization and improving its core privacy principles as quickly as possible.

<a​lexandre:uii.pt> huh, but where do the prices even come from? assuming mainstream trading platforms don't accept monero?

<a​pplelover999:matrix.org> Supply and demand. People that need Monero to transact privately, have to pay whatever the market rate is.

<a​pplelover999:matrix.org> There is an organic demand for Monero. That's what infuriates the state. Their attempts to kill it have been unsuccessful so far.

<a​pplelover999:matrix.org> Underground demand is still there.

<a​lexandre:uii.pt> yes, that's how the price is defined, but i mean, where do kraken for instance get the prices? maybe it's not banned worldwide? only europe?

<k​ufecure:xmr.se> Yes, my friend in US is not banned

does anybody know any US friendly OTC btc to xmr options

preferably lower fees like 2% or so

<t​orir:matrix.org> Kraken in USA still has Monero

<t​orir:matrix.org> That's in reply to alexandre for you IRC

<s​hortwavesurfer2009:monero.social> Qubic 40%

<e​ddie:oblak.be> Not all unknown HR is qubics

<s​hortwavesurfer2009:monero.social> Vast majority is. Unknown typically hovers ~1% so unknown - 1% = qubic

<s​hortwavesurfer2009:monero.social> As the saying goes, good enough for government work.

<m​onero.arbo:matrix.org> I think it's around more 5% but does vary

<w​antonio2w:matrix.org> monerica.com has some pretty good ones listed

<x​mranarchy:matrix.org> What do you guys think of railgun? Just came across it and looks interesting.

Apparently it's being tested in japan.

Put it on a ship a few months ago. Whoooossh.

<k​ufecure:xmr.se> the orphaned blc rate is not very high

<e​ddie:oblak.be> what is it?

<1​7lifers:matrix.org> see the two messages below by moneromooo. but otherwise, cool weapon in development

<e​ddie:oblak.be> there's a lot of different software stuff called railgun , hence my question

the orphaned btc rate is not very high because they have 10 minute blocks

monero has 2 minute blocks and has a usual orphan rate of ~0.1%

monero started with 1 minute blocks but it was increased to 2 minutes to reduce the orphan rate

<x​mranarchy:matrix.org> railgun.org

<x​mranarchy:matrix.org> It lets you hide assets, swap them, transfer them around, and then unhide them.

> Private Proofs of Innocence

immediate garbage

@xmr

269.54

talking about the price is illegal here

get your bot out of here

there's a channel dedicated to monero's price

Yeah, join #subzero

Agh, 'spit' has left... now I prob won't get an answer to my question.

What is the diff between p2pool 'Main', 'Mini', and 'Nano'?

... and why won't Gupaxx let me switch between them?

<1​7lifers:matrix.org> different side chains for different hashdrate levels

<1​7lifers:matrix.org> different side chains for different hashrate levels

Huh. Which for 10k?

<o​frnxmr:xmr.mx> mini or nano

nano still exists :o

Says Mini is less efficient than Main, but doesn't seem to be a downside to nano except it puts more payout strain on the network.

What effect on the raffle?

<o​frnxmr:xmr.mx> Nano doesnt put more payout strain

That doesn't make sense.

<o​frnxmr:xmr.mx> Nano finds blocks less often, but has less miners, and therefore larger payouts aka lower strain on the network

<o​frnxmr:xmr.mx> mini has many miners, so payouts are split between more people (smaller payouts = more consolidations)

<o​frnxmr:xmr.mx> Main has many miners, but just a few make it into the payout window due to high difficulty

Is PPLNS inherent to p2pool?

yes

Ok I think VM1 is screaming now, so spinning up VM2.

VM1?

are you mining in a VM?

Yes

i don't know what's the overhead

28 CPUs, 9,400H/s. Pinned in such a way as to prevent cache thrashing.

the CPU may be passed through

It is.

but there might be overhead from emulating the other devices

Idk, but I am security-paranoid so partition everything.

you could use Xen

I fussed with Xen about 20 years ago for two months on Debian, and it just made me angry and never succeeded. I hold that against it.

ah

The Sun is up, mining for free.

Time to get on my legal work.

:O

quantum` is a lawyer!

<o​frnxmr:xmr.mx> Isnt 9400h/s a bit low for an epyc

<o​frnxmr:xmr.mx> Thats like, 60% of a ryzen 3900

it's probably overhead from the VM engine