Seth For Privacy: Just want to say, thank you so much for the in-depth tutorial for the BTC/XMP swap. It was good reading. Only understood half of the material, but I'm sure it will come around my brain eventually

<tottles_mcgee[m]> "Seth For Privacy: Just want..." <- Definitely read these if you haven't yet, more intro:

duly noted - that's been queued on my reading list

Did you ever get your monero node working? I went through the tutorial and tried to setup my node through my pi4. Didn't have much luck. I think I'm going to use an out-of-the-box solution next time like PiNode-XMR

I long since re-purposed the pi for other uses but I plan on getting another one or some SBC to run it

My guides are focused on x86, I don't recommend Pis for nodes.

If you want to do that definitely just use PiNodeXMR.

<tottles_mcgee[m]> "I long since re-purposed the..." <- I would highly, highly recommend looking into a MiniPC form factor over an SBC. You'll be so much happier with the performance. Some really good options / overview of them here: servethehome.com/introducing-projec…t-tinyminimicro-home-lab-revolution

<tottles_mcgee[m]> "Seth For Privacy: Just want..." <- Just going through it and getting it to work puts you lightyears ahead of most people

Just thought I'd pop in real quick, and let whoever manages the CCS know - can you please decide on my proposal for the Monero Moon within the next few days and let me know. It's been pending for ages, and I've received numerous amounts of feedback on Reddit and gitlab. That way I can organise my time in the working weeks moving forward. Cheers, John.

<ian.niculescu> monero is not the only, but it is the best

What is usually the hardware bottleneck when synchronising the blockchain? Am I right if I say the SSD?

yes, read/write speed is the main one

<johnfoss68[m]> "Just thought I'd pop in real..." <- luigi1111w ^

Does anyone by any chance know what the fastest M.2 SSD (laptop) for synchronising the blockchain is?

Kingston KC3000 PCIe 4.0 NVMe M.2 SSD - High-Performance Storage for Desktop and Laptop PCs -SKC3000S/1024G

<plowsof[m]> "yes, read/write speed is the..." <- More specifically, random reads/writes (IOPS) rather than sequential speed

Hey people! Our CCS project to automate mining using a solar power setup is now open for funding! Check out the reddit post, and donate some of that sweet XMR if you're interested!

* Hey people! Our CCS project to automate mining using a solar power setup is now open for funding! Check out the reddit post for more details, and donate some of that sweet XMR if you're interested!

<dartian[m]> "Just going through it and..." <- Don't atomic swaps between Monero and Bitcoin only work one way?

It's a swap, so it's a two-way transaction

The Bitcoin holder has to send first though

<lberrymage[m]> "The Bitcoin holder has to send..." <- Does this mean that the XMR holder could delay the sending of the XMR and take the BTC sent and run?

No

The BTC isn't sent directly to the XMR holder

That's why it's called an atomic swap

Either the full swap happens or it doesn't. You don't have to trust the other party

So this "MoneRun" on the 18th seems to be picking up steam eh? just read about it in the Revuo: revuo-xmr.com/issue-116.html

<lberrymage[m]> "Either the full swap happens..." <- If what you say is true, then why don't more people do BTC to XMR atomic swaps? Do people have to use the command line? If atomic swaps became widely adopted, would that make BISQ somewhat obsolete, as place to swap BTC for XMR or vice versa?

For starters, it assumes that there is someone willing to sell their fungible Monero in exchange for some potentially tainted/blacklisted Bitcoin

yeah, I would be fairly hesitant to swap XMR for BTC/ETH/other transparent chain in an atomic swap, or even a DEX.

<merope> "For starters, it assumes that..." <- *likely* tainted.

cryptogrampy[m]: tAiNt iSnT oN tHe bLoCkChAiN

r4v3r23[m]: Ah right. Sorry I forgot Bitcoin is fungible. We just need to get rid of these pesky governments, private corporation databases and disgusting voyeurs.

cryptogrampy[m]: you also forgot that fungibility is a spectrum and gradient. if a coin identifies as fungible you ar ea bigot to call it otherwise

<cryptogrampy[m]> "*likely* tainted...." <- I predict there will soon enough be bitcoin auctions based on taint, and taint-based btc categories with different market rates. the taint rating tools are already in use, just not ubiquitously and not standardized at all

<midipoet> "yeah, I would be fairly hesitant..." <- I understand your personal preference here. However, I'm trying to familiarize myself to some extent with DEX's and Atomic Swaps. I suspect there is a coming day where it won't be possible to withdraw at all from CEXs.

One thing that I found interesting was the high amount of liquidity on the XMR to BTC pair on BISQ

To be more specific, what differences or tradeoffs would there be between a BTC/XMR atomic swap versus trading the same pair on BISQ?

fr33_yourself[m]: I don't know enough about how Bisq works (or atomic swaps for that matter) to make an informed comparison. One assumes on Bisq there is additional meta data maintained somewhere about a trade, but I am not sure how that compares with any metadata generated from a an atomic swap implementation (where COMIT or FARCASTER).

<fr33_yourself[m]> "To be more specific, what..." <- bisq is easier to use and more foolproof than today's atomic swaps, but you rely on their system to work correctly (a safe bet). but the ongoing existence and reliability of bisq isn't guaranteed. as long as the software for atomic swaps works, people just need to use it

today it's easier to screw up using atomic swaps, and lose your coin in the process. it has happened

<dartian[m]> "bisq is easier to use and more..." <- Thank you for the info and your insight. So it seems like BISQ is the easier option as of now and it is relatively secure as it is a DEX (hard to shutdown). However, you are saying Atomic Swaps are even harder for governments to stop than BISQ, right?

you've got it! and that's why it's so important. they can't kill what doesn't exist

but atomic swaps are new. they will get more user friendly

<dartian[m]> "you've got it! and that's why it..." <- The software/app required to perform Atomic Swaps between BTC/XMR is separate from the official Wallets, right?

fr33_yourself[m]: yes

monero mentioned more than once: youtube.com/watch?v=91e9v0jdnaE

Bitcoin is mentioned even more

<Encore> duh, it's bitcoin

<dartian[m]> "yes" <- Since the Atomic Swap software is separate from Monero's official wallets and repo, what makes it any more resistant to governments than BISQ? My understanding is that BISQ is an app/software you download, just like the Monero GUI. If these are all software apps, what makes one of them more resistant to government shutdown compared to the other?

My intuition is that some of the applications can be used more discretely and with greater secrecy. I'm curious to hear your take on this though.

<fr33_yourself[m]> "My intuition is that some of the..." <- in short, bisq requires some trust in a third party to facilitate, unlike atomic swaps. bisq.network has good documentation to explain

Yes, they effectively arbritrate trades that go amiss.

But it's not like BISQ is going to rug pull you and your counterparty's collateral that you both put up for the trade.

As far as I am aware BISQ appears to have the highest liquidity for the BTC/XMR pair of all exchanges I've seen that aren't KYC.

So if that's the case then it is probably a testament to the reliability of BISQ and that BISQ is the most respectful of their users privacy.

In theory you are correct though. It's not strictly trustless. The system deployed by BISQ seems quite reasonable to me. Perhaps the fees are higher there, but as far as I can tell BISQ is the most private and secure way to do BTC/XMR

Perhaps LocalMonero would be a suitable alternative, but I hear that you need an account or something like that. If my understanding is correct you don't need any identification to use BISQ.