-
ofrnxmr[m]
It was
-
vikCake[m]
aremor[m]: Right but i bought it with personal funds. Not community funds.
-
ofrnxmr[m]
#monero-site:monero.social
-
ofrnxmr[m]
And on GitHub
-
ofrnxmr[m]
Referring to thebredireft
-
ofrnxmr[m]
* Referring to the redirect
-
vikCake[m]
aremor[m]: The redirect was a community discussion started by moneromooo
-
aremor[m]
<gonbatfire[m]> "Spend 5% of it to get Haveno..." <- This is actually very compelling
-
vikCake[m]
<aremor[m]> "ThorChain or Serai even…. But..." <- Cake made a deal with haven to get monero on thorchain. They are working on it. Also we have committed to Serai to support them in cake and in any other way we can.
-
afungible[m]
What's the big picture? It's not the domain 'right now'. Its to get Monero's adoption to every nook n corner of the globe. Agreed?
-
afungible[m]
For that we need all projects to get going, improve privacy, improve tech, improve research. For that you need funds. Speed is the key. It's a cat n mouse game.
-
afungible[m]
You can buy off a domain, but you could've very well used this to be 2 years ahead in development. Which one wld you choose?
-
afungible[m]
Also, if donor can make his intent to buy the domain. Fair. Go n give him back his funds. Let him raise a CCS, n make a transparent deal then. There could be legal issues otherwise.
-
aremor[m]
vikCake[m]: ThorChain and Serai support fiat? If not, Haveno might be the biggest priority
-
vikCake[m]
aremor[m]: Yep, we donated to haveno as well.
-
vikCake[m]
s/we/Cake/
-
gonbatfire[m]
Cakelabs is becoming our Blockstream (joke)
-
afungible[m]
Apparently, Haveno was fully funded overnight. Downside of Monero is no one would know the generous donor(s).
-
afungible[m]
Sad part is its still "under development".
-
gonbatfire[m]
They need devs
-
ofrnxmr[m]
Haveno needs an accountant *****
-
ofrnxmr[m]
I applied but got rejected
-
ofrnxmr[m]
They weren't hiring
-
gonbatfire[m]
gonbatfire[m]: Like, they are desesperately in need
-
vikCake[m]
> <@afungible:monero.social> Apparently, Haveno was fully funded overnight. Downside of Monero is no one would know the generous donor(s).
-
gonbatfire[m]
ofrnxmr[m]: Yeah, because the donation was for the UI work
-
ofrnxmr[m]
No.. they need an accountant
-
vikCake[m]
>
-
vikCake[m]
> Sad part is its still "under development".
-
vikCake[m]
We are on their website as a donor.
-
gonbatfire[m]
All else is being done for free
-
ofrnxmr[m]
Yeah, and they were in the green and didnt sell
-
ofrnxmr[m]
Nothing in life is free
-
ofrnxmr[m]
I kid. We all know open source devs, dev for free
-
ofrnxmr[m]
Erciccione and Woodser arent sacrificing themselves else they would have ccs'd haveno development 🫣
-
gonbatfire[m]
🤨
-
ofrnxmr[m]
Its a for profit venture
-
gonbatfire[m]
I see them working their asses of, but i'm no dev so I guess I can't tell
-
ofrnxmr[m]
Its open source, but haveno proper isnt a community oroject. It intends to generate money and as was stated, only the ui was ccs
-
gonbatfire[m]
ofrnxmr[m]: And a % of profit goes towards Monero development
-
ofrnxmr[m]
Supposedly
-
afungible[m]
ofrnxmr[m]: Kinda like uniswap, but with fiat (& hopefully to exchange those dirty CBDCs).
-
ofrnxmr[m]
Haveno isnt a community project. Cent exactly be held to uphold that agreement
-
ofrnxmr[m]
Where is havenlsncouncil?
-
ofrnxmr[m]
Why were ccs funds gambled? With nonoveesighr?
-
ofrnxmr[m]
Because haveno is not haveno front end ccs. Its accountable to nobody afaict
-
ofrnxmr[m]
s/is/=/=/
-
ofrnxmr[m]
s/is/=/=/, s/not//
-
aremor[m]
<gonbatfire[m]> "They need devs" <- Hmm what languages?
-
afungible[m]
It's a bit vague. I think things would become clearer once it's in shape & people start using it.
-
afungible[m]
They can only share profits "if" they make profits & users use it.
-
afungible[m]
I have no clue what their front end looks like. No front end, forget back end 😄
-
ofrnxmr[m]
The back end is modified bisq
-
ofrnxmr[m]
And has absolutely nothing to do with us
-
ofrnxmr[m]
Its not something we get to vote on or that we funded
-
ofrnxmr[m]
We just paid for a gui
-
afungible[m]
I mean if UI sucks & users won't use it. Then it's good for nothing. I hope they really give bang for our bucks, coz I too enthusiastically contributed, n want to see it succeed.
-
ofrnxmr[m]
But youbdidnt contribute to the codebase ^
-
ofrnxmr[m]
Woodser and Erciccione
-
ofrnxmr[m]
Only contributed to third party ui devs
-
nioc
aremor[m]: #haveno-dev
-
ofrnxmr[m]
#haveno-dev:haveno.network
-
nioc
may tricks
-
ofrnxmr[m]
Haveno is in weird legal area, like throchain.
-
ofrnxmr[m]
Profitting is an issue. / proceeds of crime
-
ofrnxmr[m]
* Haveno is in weird legal area, like tornado cash**.
-
ofrnxmr[m]
Profitting is an issue. / proceeds of crime
-
aremor[m]
-
ofrnxmr[m]
If funds were going to a community fund, used to allocate ccs funds etc maybe not so bad. But to create a vehicle that provides constant stream of unregulated funding for a small group of people is something where "id have to ask my lawyer"
-
afungible[m]
> <@ofrnxmr:monero.social> Haveno is in weird legal area, like tornado cash**.
-
afungible[m]
> Profitting is an issue. / proceeds of crime
-
afungible[m]
What happens if Haveno is sanctioned, could it serve similar fate as TC? Its a DEX n unless there a way to know cash being deposited to/withdrawn from has anything to do with Haveno, people could still use it with low risk.
-
aremor[m]
afungible[m]: I’ll comment that it’s not actually decentralized. I assume there will be escrow and arbitration. Maybe there’s a DAO like Bisq….. but I wouldn’t call that decentralized either.
-
aremor[m]
Yeah accepting profit definitely adds potential liability
-
aremor[m]
* potential liability (a la Tornado Cash and other centralized mixers in the past)
-
aremor[m]
and damn that means if you do contribute code, do it with a throw away GitHub account because we know what Microsoft did to those developers
-
tiny_voice1563[m
<vikCake[m]> "I think it’s silly for the GF to..." <- I’m in favor of you keeping it to be honest. What the company can do for Monero as a whole with that domain is great. I think the compromise with the banner link was great and solved my only concern. The community generally agrees the Monero.com wallet is one of the good ones, and I’d rather have people directed there than a scam wallet. What are we (the community)
-
tiny_voice1563[m
gonna do with it? Basically have getmonero.org on it. That’s cool. But not worth 400k
-
tiny_voice1563[m
<vikCake[m]> "I think we take that $400k..." <- Ding ding. Agree. .org fits. .com (commercial) makes sense to be one of the few good commercial enterprises in Monero.
-
ofrnxmr[m]
I wonder what core will decide 🥲
-
monet[m]
Hello guys eth will be converted to pos on Sep 15th. Do you guys think that many hashrates will have a big impact on Monero? In my opinion, it will not be affected much by the characteristic of randomx's excellent ASIC resistance and CPU mining, which is more efficient than gpu.
-
tiny_voice1563[m
ofrnxmr[m]: I see a Reddit poll and a lot of feelings in the near future
-
RavFX[m]
monet[m]: non.
-
RavFX[m]
GPU are way less good for mining then CPU and they take a lot more power.
-
RavFX[m]
None will be in profit by doing so
-
monet[m]
However, the end of eth mining will have a big ripple effect on the mining eco in some way. In addition to Ethereum Classic, Raven, and Argo, there is no coin with the highest profitability after Ethereum. What will ASIC do?
-
nioc
sol
-
Torr
End of Eth? U mean because of the Tornado fiasco?
-
aremor[m]
Eth is such a joke
-
aremor[m]
Completely centralized. PoS, fully censored.
-
aremor[m]
I can barely name one use case for it
-
aremor[m]
This TC situation proved everything
-
Torr
Well, the "defi" folks are going strong with it.
-
KNNY[m]
<aremor[m]> "This TC situation proved..." <- Im drunk rn, whats is TC
-
cryptogrampy[m]
TornCock
-
cryptogrampy[m]
TornadoCash***
-
cryptogrampy[m]
sorry my keyboard is jammed with digestive biscuits
-
Torr
Lol
-
KNNY[m]
Ob tornado cash
-
KNNY[m]
Ofc
-
KNNY[m]
im such a dumbass
-
KNNY[m]
cryptogrampy[m]: 💀💀💀💀😭
-
KNNY[m]
got that bent cock
-
KNNY[m]
that tornadoussy
-
Torr
KNNY[m]: There's another joke u're missing.
-
KNNY[m]
Torr: I cant gwt jokes rn
-
Torr
But can u get tornadoussy?
-
KNNY[m]
yeah cause im the one that made the joke 💀
-
KNNY[m]
obviously Im gonna get a joke that I made
-
Torr
Lmao
-
Torr
Which drink have u had today my lad?
-
KNNY[m]
Ive had a chardonnay, a dragonfruit IPA, and a mint vodka soda thingy
-
KNNY[m]
And an orange crush drink at a pizza place
-
KNNY[m]
I asked for the for fruity stuff and they gave the goods
-
Torr
I'd recommend u not ask for fruity stuff while u're like that.
-
spacekitty420[m4
<aremor[m]> "I’ll comment that it’s not..." <- no DAO:
haveno.exchange/faq/#why-no-dao
-
KNNY[m]
<Torr> "I'd recommend u not ask for..." <- Im gay so it's the gay law to ask for fruity stuff
-
KNNY[m]
the least I can do is IPA
-
Torr
=D
-
KNNY[m]
If its bud light or a pint, forget it
-
Torr
Lol
-
KNNY[m]
I want to jam out to shygirl or alaska tbunderfuck
-
KNNY[m]
these bitches just don't get it
-
Torr
Leaving here, see ya
-
spacekitty420[m4
lol wtf with reddit, post getting censored just for pinging /u/VikXMR (had to edit a few times to figure that's what got caught in the censor filter, the actual flying fuk???)
-
aremor[m]
<KNNY[m]> "And an orange crush drink at a..." <- Chicago
-
roooooocc[m]
Hi, when using monero-rpc (rust "bindings"), I started the stagenet node locally, using get_block_count everything works, however when trying to make a new wallet, I get "Method not found", while the port should be working since get_block_count works, any idea?
-
duggavo[m]
1$ is now worth more than 1€!
-
duggavo[m]
We are going to the dumpster, and those who do not have stock or monero will soon stay without money. Electricity price continues increasing
-
jaccid
hello
-
monerobull[m]
Hi
-
sgp[m]1
luigi1111 binaryFate For the Haveno CCS, to reduce risk for the community, how about Core make a restricted donation to MAGIC Grants for the purpose of continuing the Haveno FOSS code. That way we could convert to USD and sit on it, and then we can work out an agreement with Haveno separately under the CCS terms. I would need to speak with my board about this, but that way money isn't going to the recipient unless work is completed,
-
sgp[m]1
and volatility risk is removed in the meantime
-
sgp[m]1
-
plowsof
The link to havenos CcS comment was only posted in the IRC channel. Link:
repo.getmonero.org/monero-project/c…als/-/merge_requests/295#note_18441
-
tiny_voice1563[m
<sgp[m]1> "luigi1111 binaryFate For the..." <- 100% agree with something like this. Doesn’t have to be this exactly but something where we don’t pay out to Haveno team in a lump sum, but they get their “price stability” none the less
-
roooooocc[m]
Hi, does anyone know how sub-addresses affect performance? If I do one for every "order", how many should I expect to be able to use before a slowdown?
-
ofrnxmr[m]
sgp: I agree. Unless extra donations have covered the discrepency, I dont believe the remaining xmr is enough to cover the remaining costs.
-
ofrnxmr[m]
So the locking in of value would have to wait until xmr value is high enough to cover the trading losses suffered on the already paid milestones
-
kowalabearhugs[m
<monet[m]> "Hello guys eth will be converted..." <- I suspect we'll see small number of miners move from ETH to algo-switching on MoneroOcean
-
selsta
roooooocc[m]: subaddresses slightly increase RAM usage but don't slow things down
-
afungible[m]
<roooooocc[m]> "Hi, does anyone know how sub-..." <- You can create a million subaddresses for an account. But it won't be referred to/used, until you receive money in those subaddresses (aka. unspent output in that subaddress index). I am not certain of RAM usage, but good to ask in "monero dev" channel on this IRC.
-
aremor[m]
<sgp[m]1> "luigi1111 binaryFate For the..." <- CCS or Magic Grands or both are only paid after work is completed?
-
ofrnxmr[m]
You pick your poison when you ask for funds
-
ofrnxmr[m]
Plenty of ccs are requested with immediate payout. Haveno only requested a portion to be paid immediately
-
ofrnxmr[m]
And still fucked it up
-
ofrnxmr[m]
Math is fud
-
nikg83[m]
<ofrnxmr[m]> "You pick your poison when you..." <- Isn’t it as per milestones defined in ccs ?
-
ofrnxmr[m]
I dont see anything saying its required to have milestones (plural)
-
ofrnxmr[m]
Milestone 0 is immediate pay
-
nikg83[m]
<ofrnxmr[m]> "Milestone 0 is immediate pay" <- Yes, but seems haveno went with milestone approach and didn’t take in account bear market price correction
-
nikg83[m]
They should have hired devs working for xmr payouts and not usd 😅 if they were asking monthly payout from ccs
-
ofrnxmr[m]
The devs are working for xmr payouts 🥲🥲🥲
-
ofrnxmr[m]
Precisely. They either forgot about the market or were hoping NGU (numbers were up at the time of funding)
-
ofrnxmr[m]
So now their plan b is to secure the fiat value by putting it in a stablecoin
-
ofrnxmr[m]
Stablecoins in this market are another huge mistake imo.
-
ofrnxmr[m]
If they want to avoid risks associated with crypto, stablecoins arent the way
-
nioc
what is the way?
-
ofrnxmr[m]
They require fiat value. Fiat
-
nioc
whose bank account?
-
ofrnxmr[m]
So
-
ofrnxmr[m]
1. Once xmr value is enough to cover costs, an xmr donation is made from ccs to an identical magic proposal for the usd amount.
-
ofrnxmr[m]
2. Magic then converts the xmr to usd to lock in the value.
-
ofrnxmr[m]
3. When haveno needs payouts, magic converts back to xmr and pays (haveno directly?)
-
ofrnxmr[m]
Magic
-
ofrnxmr[m]
Safer than ercicciones cryoto trades 🥲
-
nioc
US corp has no risk?
-
ofrnxmr[m]
sgp: can answer more to that
-
nioc
the big eye :D
-
nioc
just do the work and wait for moon
-
nioc
it always comes
-
Rucknium[m]
MAGIC is able to hold funds in actual U.S. dollars rather than a stablecoin, FWIW.
-
spacekitty420[m4
MAGIC is a US corporation and one of the reason it's not the preferred option apparently is that it has a bunch of retarded ass policies like AML due to being in murica or whatever and anyways, fuck murica, retarded ass clown 3rd world country, like, who the fuck would even trust anything located in murica anyways?
-
spacekitty420[m4
like, it's not cause yall muricans that eryone and the whole world has to do it your way, typical murican tryna act like it's the only country out there but it's not and it's a fucking shithole and most people dont want to have anything to do with this piece of shit country
-
spacekitty420[m4
like, just an example with the recent tornado bs that happened, devs werent anon and yall expecting devs that are trying to build some good shit like DEX or whatever should be KYC'd by some murican corporation? fuck yall, fucking brainded muricans....
-
spacekitty420[m4
just sayin...
-
spacekitty420[m4
🇺🇸🖕
-
ofrnxmr[m]
You think Erciccione is anon?
-
ofrnxmr[m]
A lot of the devs arent
-
spacekitty420[m4
is woodser is?
-
ofrnxmr[m]
Jberman, rbrunner, kaya
-
ofrnxmr[m]
Why would woodser have to do any kyc?
-
ofrnxmr[m]
The funds are going from a core member / ccs to magic
-
ofrnxmr[m]
Not from haveno
-
ofrnxmr[m]
And I believe, back to ccs afterwards
-
spacekitty420[m4
idk. seems like he been doing a lot of heavy lifting on haveno
-
ofrnxmr[m]
I agree, Woodser is a Chad
-
spacekitty420[m4
but it's about the UI devs, are they anon? idk, could be
-
spacekitty420[m4
either way, it shouldnt be your choice but theirs
-
ofrnxmr[m]
Who's choice?
-
ofrnxmr[m]
Its not THEIR money
-
spacekitty420[m4
the ones actually getting paid
-
ofrnxmr[m]
Meaning haveno. The money doesnt belong to haveno until milestones are hit
-
ofrnxmr[m]
(Or devs)
-
spacekitty420[m4
sure but why would they want to send noods and whatnot just to get paid after those milestones? that's what am saying, it's their choice to proceed how they want to proceed, not your choice that u tryna impose on them or whatever
-
ofrnxmr[m]
They dont have to
-
spacekitty420[m4
same as earlier about the whole anon donation to ccs regarding monero .com
-
ofrnxmr[m]
Monero goes from ccs to magic to ccs
-
spacekitty420[m4
and why would they risk funds getting frozen legally because it's based in a shithole country?
-
ofrnxmr[m]
And again, isnt bF also not abon
-
ofrnxmr[m]
Anon
-
ofrnxmr[m]
spacekitty420[m4: Nothing is stopping erciccione from converting to fiat in his own
-
ofrnxmr[m]
But he wants to use a stablecoin
-
ofrnxmr[m]
Shithole country blah blah, where were tc devs arrested
-
ofrnxmr[m]
Doesn't matter where youre based
-
spacekitty420[m4
stablecoins are a myth, i agree, it's all bullshit
-
spacekitty420[m4
so sure it's not an ideal choice either but that's taking a gamble of every stablecoin out there would go to 0 in that short amont of time or having funds frozen by a country that literally just making laws as it goes cause why the fuck not
-
ofrnxmr[m]
Again, need clarification about magic
-
ofrnxmr[m]
Ie, could magic buy gold?
-
ofrnxmr[m]
Hold physical cash?
-
RavFX[m]
Backed stablecoins are okeyish (none felt so fat)
-
RavFX[m]
Singularity coins (algorithmic stable coins) are a big no
-
RavFX[m]
s/fat/far/
-
ofrnxmr[m]
Backed by what 🥲🥲🥲🥲
-
ofrnxmr[m]
Us debt LOL not usd
-
spacekitty420[m4
backed by hyperinflation o.o
-
ofrnxmr[m]
And literally bonds
-
ofrnxmr[m]
Stocks
-
ofrnxmr[m]
ETH 🤣
-
ofrnxmr[m]
Themselves 🤣🤣🤣
-
spacekitty420[m4
x)
-
RavFX[m]
Depend which one but as you noticed all backed coins are still up and older than most singularity coin are not.
-
RavFX[m]
But yeah inflation is still a problem but 1 usdt is still ~ 1 usd
-
ofrnxmr[m]
Usdt is not 1usd
-
RavFX[m]
s/are/and/, s/not/these like to collapse over there own gravity/
-
RavFX[m]
Hence the ~
-
ofrnxmr[m]
Its 100% definitude not possibly to liqudate the usdt into usd
-
ofrnxmr[m]
= amount of *
-
ofrnxmr[m]
Its like 70% debt lolllll
-
spacekitty420[m4
either way, it's not a risk-free situation but as said, it would be just to hold them for that short amount of time of few months of work to get those milestones completed
-
ofrnxmr[m]
Treasury bonds
-
RavFX[m]
Should continue to work as long as we dont have a usdt bank run
-
ofrnxmr[m]
Investing in the us government
-
ofrnxmr[m]
No, should continue to work at long as the bond market doesnt do anything
-
ofrnxmr[m]
Us interest rates affect usdt backing
-
ofrnxmr[m]
Usdc, pax all of them
-
RavFX[m]
They have mexican tether now. Did not look what there actual backing... Yet
-
ofrnxmr[m]
Tip: tether backs your shit with thin air or worse, debt
-
ofrnxmr[m]
Might as well just buy bonds directly and loan the us government some more of your money to devalue
-
RavFX[m]
Well, no "backed" stablecoin pulled a Luna yet
-
spacekitty420[m4
like, sure you could be all "what if stablecoin goes to 0" which, imo they eventually all will, in that short amount of time tho?
-
spacekitty420[m4
if so could also be "what if murica gets burned to the ground just cause they retarded mofos"
-
spacekitty420[m4
that's also a possibility u know, in that short amount of time? i mean... could be
-
spacekitty420[m4
it's never a 0-risk thingy and you could play the what if game with literally anything anyways.....
-
ofrnxmr[m]
So yeah, fuck stables on every level
-
spacekitty420[m4
and fuck murica on every level as well
-
RavFX[m]
I dont own any stable.. I only own one coin
-
ofrnxmr[m]
Fuck space too
-
ofrnxmr[m]
And kitties
-
RavFX[m]
100% nw in lol
-
ofrnxmr[m]
😋
-
spacekitty420[m4
well fuck u
-
ofrnxmr[m]
You too izeekiel
-
ofrnxmr[m]
(Do you know the meme video? Tiktok shit or whatever)
-
spacekitty420[m4
🤷♀️
-
ofrnxmr[m]
-
spacekitty420[m4
:derp: