yeah, Seth For Privacy that’s a great read. by the way, what’s the reason for the 20 minute wait time after receiving monero?

you mean the 10 confirmations?

i didn’t realize confirmations took so much time. does this time scale with the hash rate?

<nollied[m]> "i didn’t realize confirmations..." <- no, it stays the same. it's just a privacy feature. The more you use your wallet, the less this is an issue (you can still spend previous xmr you received)

so if you receive 5 xmr, then another 5 xmr, then an hour later, you receive 1 xmr, you can spend those initial 10 right after receiving the 1

you have to wait 20 min to spend the 1

if that makes any sense

okay i'm 98% sure that the confirmations are a privacy feature- need confirmation on that

nollied: somewhat in the sense that there are more blocks coming in before the difficulty adjusts when there is spike in the hash rate

transactions are locked for 10 blocks before they are available to spend

ah yes, and each block takes ~2mins to mine

why are they timelocked?

When there is a reorg in divergent chains, there is a risk some transactions could be dropped

also, i think there is a privacy benefit in the output selection algorithm if you wait a few blocks before spending new coins

<ajs_[m]> "also, i think there is a privacy..." <- This is the core reason for the lock -- if you spend funds immediately after receiving them they would be much more easy to distinguish on-chain.

Hello everyone. We made a CCS proposal in order to continue the work Greek localization.

Maleware blocking turned off, mullvad still blocks xmr-related websites

<Encore> Are you sure Mullvad is doing the blocking?

<Encore> Also which other Monero related sites does it block? I see minexmr.com is blocked on my end too but never had an issue with any other xmr related sites

Seth For Privacy: this is definitely the next evolution of bitcoin maxi fud...: twitter.com/giacomozucco/status/1506629205408292870

might be a nice add to the fudbuster page

<Encore> bro we gotta comply with the government bro even though bitcoin's whole manifesto is anti government control

<monerobull[m]> "Maleware blocking turned off..." <- No. They have sometimes DNS problems. You can try to use another privacy DNS server or simply try it later again. I had seen the same issues with mullvad, but no site that I use is blocked permanently.

imagine being the ceo of a "privacy" coin and saying "your privacy coin will just get banned because its simpler and cheaper"

as if any regulator would want to deal with his bullshit optional privacy. unless its backdoored, of course 0.o

HellenWright[m]: idk, kinda sus everything but the two biggest xmr pools works just fine

<Encore> wait who is this giacomo guy?

bridgerton[m]: thwe guy who was trying to do tokens on lightning via a project called rgb

s/thwe/the/

<Encore> I see

him and Tone Vayes did a nice piece on Monero last year: youtube.com/watch?v=Q_ZfusSdyWA

he is one of the most well known btc maxis, it's pretty hilarious to see all the "cypherpunks" in bitcoin championing aml/kyc

monerobull[m]: When I had the issue njalla didn't work for me. That sucks. But now it is fine. I will keep an eye on it. It might be possible, that malware connects a lot to xmr pools. I'll check it out.

runfox[m]: Bitcoiner just want all other coin to remain inferior to btc

HellenWright[m]: i specifically turned the malware filter off though

<chesterfield[m]> "Seth For Privacy: this is..." <- He's an idiot, but his point is valid.

Regulators have to go all or nothing with Monero -- either they allow it because it's fungible and works, or they make it all "illegal" because its fungibile and works.

They can't do the piecemeal co-option they're doing with Bitcoin against Monero.

<Encore> oh my god, that was him

<Encore> chesterfield: I remember this lmao

Lmao all you need to hear is at 1:44: youtu.be/Q_ZfusSdyWA?t=104

Forgot about that shitshow

<Encore> the whole thing strikes me as them fellating each other for an hour and a half

Below the requested `tsqsim` benchmark:

<sethforprivacy> "This is the core reason for..." <- For the record, I disagree with this. A properly-calibrated decoy selection algorithm should be able to conceal immediate spends. IMHO, the main reason to keep the 10 block lock is the possibility of chain reorgs. See

Interesting! Will have to read up more.