02:37:38 <plowsof> thanks for sharing rayatina, will check it out 🤳
02:38:19 <spacekitty420[m]> gang gang o.o
02:57:08 <spacekitty420[m]> MURICA
02:57:08 <spacekitty420[m]> FUK YE
02:57:08 <spacekitty420[m]> :derp: 
09:58:39 <monerobull[m]> on fdroid
09:58:40 <monerobull[m]> <rayatina> "they're basically self destruct..." <- Ripple is also one
12:36:32 <n1oc> CCS Coordinator (3 months) is now fully funded! https://ccs.getmonero.org/proposals/plowsof-com-rel.html
12:37:39 <ofrnxmr[m]> Congrats plowsof: !
12:37:43 <selsta> nioc: wow did you became a bot
12:39:28 <ofrnxmr[m]> I noticed first 🥳
12:39:56 <ofrnxmr[m]> Im a bot and 5 alts. I might even be nioc
12:40:37 <plowsof> w0w
12:45:42 <ajs_[m]> congratulations plowsof   
12:47:09 <MajesticBank> great news, will there be some party to celebrate?
12:53:34 <plowsof> :D hopefully a Monerokon in Prague for everyone next year 
12:57:57 <ofrnxmr[m]> <MajesticBank> "great news, will there be some..." <- This Saturday at 1pm (after meeting)
12:57:57 <ofrnxmr[m]> Byob
13:03:00 <nioc> I forgot to check when I woke up and the bot beat me to the announcement 
13:03:52 <plowsof> hostility from strangers who do not know me is expected / normal - but it has been quite a strange/new experience to see donations / people supporting me / sharing my proposal on telegram who i do not know, how to say thank you? Thank you all!? ill think of something but mainly i can provide what i promised in my proposal and attempt to do a 'good job'  
13:05:29 <nioc> byob = bring your own bot
13:06:05 <nioc> selsta: I am everywhere 
13:11:13 <spacekitty420[m]> <ofrnxmr[m]> "Im a bot and 5 alts. I might..." <- my :tinfoil: ass still thinking u and plowsof be eachothers alts, like, just sayin o.o
13:11:44 <ofrnxmr[m]> I'm only plowsof when he sleeps 
13:12:10 <spacekitty420[m]> u always around at the exact same time tho, like, always 😹
13:13:02 <spacekitty420[m]> i mean, i know that clark kent be the opposite of that but imo is also a giveaway in some cases :3
13:13:08 <ofrnxmr[m]> Scary, isnt it?
13:13:24 <ofrnxmr[m]> Im like, a shadow 
13:13:25 <spacekitty420[m]> exactly! LOL
13:13:44 <ofrnxmr[m]> Maybe im his stalker 🫡
13:14:17 <plowsof> im still sad ever since spacekitty went into the official MRL room and said they "hope their meeting doesn't go on about plowsofs proposal again" 
13:14:33 <spacekitty420[m]> i meant rbrunner!
13:16:15 <spacekitty420[m]> anyways, congratz on that ccs funding plowsof 
13:17:49 <monerobull[m]> New point for the CV 
13:19:02 <monerobull[m]> "managing communication regarding financing future projects for 3 billion dollar project"
13:19:17 <monerobull[m]> Or something like that
13:19:44 <spacekitty420[m]> more like 2 billion dollar project nowadays tho
13:20:35 <monerobull[m]> In the bullrun you can write how your expertise helped gain 4 billion in market cap 
13:22:57 <spacekitty420[m]> on a completely unrelated sidenote, always found hilarious those people going to work on shitcoins with their public identity for the sake of being able to write that down in their linkdin but then they get greedy and the whole shitcoin turn into their own pump and dump playground which just ends up going to 0 
13:23:02 <monerobull[m]> Also count up the total amount for every ccs funded during your reign 
13:24:21 <plowsof> 😳 a meeting this Saturday 16:00UTC https://github.com/monero-project/meta/issues/754 (bp++ audit ccs should hopefully make the list) 
13:25:46 <spacekitty420[m]> bp++ would need an other hardfork btw, right?
13:27:27 <selsta> yes
13:27:29 <nioc> I don't see why not
13:27:34 <selsta> all cryptography changes require hardforks
13:27:51 <spacekitty420[m]> alrighty :3
13:28:22 <nioc> depending on the timing it might happen along with seriphis 
13:28:39 <nioc> *timing and reality
13:29:17 <plowsof> its a long (and expensive) road 
13:29:55 <ofrnxmr[m]> <spacekitty420[m]> "anyways, congratz on that ccs..." <- Thanks
13:30:09 <nioc> :D
13:34:38 <plowsof> uh oh , hello raya
13:35:24 <ofrnxmr[m]> Ray, please 
13:35:32 <ofrnxmr[m]> Stop using the reply function 
13:36:01 <ofrnxmr[m]> For the 14th time, it causes readability issues for irc 
13:36:05 <spacekitty420[m]> more like irc boomers hipsters should just stop using irc...
13:36:26 <ofrnxmr[m]> selsta: 
13:36:46 <ofrnxmr[m]> Spacekitty wants to fight 
13:36:46 <ofrnxmr[m]> 🍿
13:37:06 <MajesticBank> >Someone needs to make a list of all upcoming meetings (not me). Hard to keep track or schedule
13:37:27 <MajesticBank> can someone do this
13:37:40 <selsta> i've had so many bugs with matrix
13:38:01 <ofrnxmr[m]> Matrix is pretty painful, spacekitty knows that
13:38:07 <plowsof> yes MajesticBank 
13:38:43 <ofrnxmr[m]> plowsof:  can
13:38:43 <ofrnxmr[m]> He's the ~ccs~ (strikethrough)  monero coordinator 
13:39:06 <ofrnxmr[m]> plowsof: Thank you my good sir
13:39:39 <spacekitty420[m]> i mean... remember when it was on freenode? as soon as you was connecting to the irc, your ip address was leaked to the whole chat... (full message at <https://libera.ems.host/_matrix/media/v3/download/libera.chat/33256680295f9c496b5fe0561b645bb9fb496a84>)
13:40:43 <spacekitty420[m]> *who could have predicted
13:42:35 <ajs_[m]> plowsof:  could you add an item to the agenda for reviewing the draft CFP for monerokon https://cfp.monerokon.com/2023/cfp
13:45:54 <nioc> ofrnxmr[m]: there are no readability issues on IRC from ray,  we don't see them
13:47:09 <ofrnxmr[m]> Hahahaha, I forgot 💀
13:48:22 <spacekitty420[m]> oh indeed, raya messages don't show up in https://monerologs.net :hyperthonk: 
13:58:56 <ofrnxmr[m]> Im dying. Someone did ray dirty haha
13:59:37 <ofrnxmr[m]> spacekitty420 @spacekitty420:matrix.org:  why can you send emoji in mrl but I cant 
13:59:58 <ofrnxmr[m]> Emoji reactions *
14:00:47 <ofrnxmr[m]> Rucknium: 
14:00:47 <ofrnxmr[m]> Thanks for the links in dev. But I need to think of a way to automate a calendar etc so I am notified 
14:01:40 <Rucknium[m]> Monero Observer does RSS. Maybe that can be piped
14:02:17 <spacekitty420[m]> ofrnxmr[m]: used to run the bridges for MRL, so perms are probably from back then
14:06:18 <MajesticBank> can you check my novel into bringing atomic swaps to back
14:06:38 <MajesticBank> https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/355
14:06:50 <MajesticBank> *back to life
14:09:10 <selsta> MajesticBank: farcaster is alive and they are also working on a GUI currently
14:10:16 <MajesticBank> will check it now, is there some ETA on Farcaster? 
14:11:02 <selsta> I don't know if they have an ETA but they have funding already
14:12:08 <MajesticBank> doesn't feel like we fund another commit protocol proposal without some obvious business model
14:12:56 <selsta> >There is a side question of if the COMIT software should be continued. On the one hand, it's the only software actually 'in production'. On the other, it arguably shouldn't be in production as the multiple open critical issues point to. I also didn't appreciate its code quality when I reviewed it, and potentially believe it needs to be massively re-architected.
14:13:13 <selsta> this is what kayabaNerve_ said in regards to the codebase
14:13:28 <selsta> I don't think it makes sense to put a lot of money into it at this point
14:13:31 <ofrnxmr[m]> ☝️
14:13:40 <nioc> thumbs_up
14:15:10 <nioc> from what this clueless person can see, farcaster is putting in quality work
14:15:16 <nioc> high standards 
14:16:19 <MajesticBank> it does make sense what you say. commit also had a bad start
14:16:33 <MajesticBank> farcaster is way more serious, no doubt
14:17:20 <selsta> farcaster has a proper specification and should end up more robust
14:18:43 <plowsof> "Bring the liquidity of around 500 000 USD per day and make sure fee doesn't pass 1% on total volume to make it competitive to other markets."  majesticbank plans on providing atomic swap liquidity? escapethe3ra 
14:19:40 <MajesticBank> selsta: i feel like we are 6-9 months away from farcaster production
14:22:34 <solo[m]> Is this the correct place to ask questions about node management or is there a more appropriate room?
14:23:07 <selsta> yes you can ask
14:23:09 <ofrnxmr[m]> Go ahead and ask
14:23:13 <solo[m]> Perfect
14:24:24 <selsta> MajesticBank: hopefully, maybe the team can give an update on it
14:29:18 <solo[m]> Currently running a node with RPC over Tor, so I can connect my wallet using this. 
14:29:18 <solo[m]> However, when trying to stop monerod while SSH'd into the node, I get errors referring to RPC request. I have tried using 
14:29:18 <solo[m]> curl http://127.0.0.1:18081/stop_daemon -H 'Content-Type: application/json' 
14:29:18 <solo[m]> but this gives me 401 not authorized, even when I provide it the login for RPC. Any idea as to why this is? Am I missing something from the curl command?
14:32:26 <spacekitty420[m]> no idea what's wrong with the command, would just be running the daemon under a `tmux` session so that when ssh'ing back into it, could just do a `tmux attach` and then "ctrl + c" to stop daemon
14:32:28 <ofrnxmr[m]> If you SSH in, cant you just use `./monerod exit`
14:32:53 <ofrnxmr[m]> Same ^ I use screen though.
14:36:51 <ofrnxmr[m]> But, screen etc should be unnecessary unless you want to run the daemon in the foreground. `./path/to/monerod exit` should work 
14:37:41 <ofrnxmr[m]> spacekitty420 @spacekitty420:matrix.org: were talking to ourselves 
14:40:32 <spacekitty420[m]> prob just went afk for a lil bit, we took awhile to answer, like... 3 minutes, alot could happen in 3mins, like, coffee on the servers, a kitty eating some cables and the whole thing got shutdown, a bsod... idk, bunch of thing :3
14:40:45 <spacekitty420[m]> welcome back solo:P
14:41:36 <solo[m]> <ofrnxmr[m]> "If you SSH in, cant you just use..." <- "Error: Daemon did not stop-- rpc_request:"
14:41:51 <solo[m]> spacekitty420[m]: Why thank you, has been a while aha
14:43:09 <ofrnxmr[m]> Whats distro? Ubuntu Linux?
14:43:10 <ofrnxmr[m]> What*
14:43:11 <solo[m]> Ubuntu, yes
14:43:40 <spacekitty420[m]> `sudo reboot`?
14:43:40 <spacekitty420[m]> idk LOL
14:43:41 <ofrnxmr[m]> Is your rpc-bind-ip flag not default?
14:43:56 <ofrnxmr[m]> 127.0.0.1:18081
14:44:43 <solo[m]> It should be, I am able to connect to it and get responses over Tor with default setup, just not shut it down 
14:44:57 <MajesticBank> run it in safe mode
14:45:05 <solo[m]> Is this anything to do with restricted-rpc?
14:45:08 <MajesticBank> and pkill then
14:45:37 <MajesticBank> it can sometimes be stuck, try updating to latest version
14:45:42 <solo[m]> It is currently syncing, so I wouldn't want to kill it
14:46:01 <solo[m]> I am on FF0.18.1.2
14:46:40 <ofrnxmr[m]> solo[m]: Did you bind restricted to 127.0.0.1
14:46:56 <ofrnxmr[m]> If so, yes. You cant kill a node over restricted rpc
14:47:08 <ofrnxmr[m]> * Did you bind restricted to 127.0.0.1:18081
14:47:16 <spacekitty420[m]> `--db-sync-mode=safe` so that it can be killed safely without risking to corrupt the blockchain or somethin somethin (just takes a lot more time to sync tho)
14:47:21 <solo[m]> bitmonero.conf has 
14:47:21 <solo[m]> restricted-rpc=1
14:47:35 <ofrnxmr[m]> Change conf to....
14:47:44 <solo[m]> ofrnxmr[m]: Even from the machine itself?
14:48:45 <solo[m]> spacekitty420[m]: Am I able to do this without killing the current monerod then? Otherwise I will still likely have to salvage the db (unsuccessfully)
14:49:02 <spacekitty420[m]> i wouldnt think so
14:49:08 <solo[m]> I got to 97% sync then a power cut yesterday ahahaaa
14:49:21 <ofrnxmr[m]> #restricted-rpc=1... (full message at <https://libera.ems.host/_matrix/media/v3/download/libera.chat/f4e13185d25e4ec856c3b2503bcb587e53dd3709>)
14:49:43 <ofrnxmr[m]> solo[m]: Are you running the node in the foreground 
14:49:56 <solo[m]> ofrnxmr[m]: No
14:51:10 <ofrnxmr[m]> spacekitty420[m]: Linux _shouldn't_ need the safe flag 
14:51:37 <solo[m]> I can confirm it does after the power cut xd
14:51:53 <spacekitty420[m]> still did have a corrupted blockchain few weeks ago from the rig crashing as well
14:52:09 <ofrnxmr[m]> For sudo reboot*
14:52:19 <spacekitty420[m]> * as well on linux without the flag
14:52:23 <ofrnxmr[m]> If the system kills monerod, it should be fine
14:52:49 <ofrnxmr[m]> Safe also burns your ssd out faster 
14:53:10 <solo[m]> Wouldn't worry, am using rotating drive
14:54:17 <spacekitty420[m]> oh damn, and to 97% on hdd u said? must have taken soooo long
14:54:17 <spacekitty420[m]> R.I.P....
14:54:36 <ofrnxmr[m]> Damn
14:54:40 <solo[m]> > <@ofrnxmr:monero.social> #restricted-rpc=1... (full message at <https://libera.ems.host/_matrix/media/v3/download/libera.chat/51add0139b66f8cad4a7d54bee5f3b1047cf0de2>)
14:54:51 <solo[m]> > <@spacekitty420:matrix.org> oh damn, and to 97% on hdd u said? must have taken soooo long
14:54:51 <solo[m]> > R.I.P....
14:54:51 <solo[m]> Only a week of syncing lost
14:54:51 <ofrnxmr[m]> Yes
14:55:24 <solo[m]> Thanks for the help guys :D
14:58:55 <solo[m]> > <@ofrnxmr:monero.social> #restricted-rpc=1... (full message at <https://libera.ems.host/_matrix/media/v3/download/libera.chat/23e3e314aa24293b866d6fcfd624cb01db2c3485>)
14:59:29 <lousiF> solo[m], I know that feel
15:01:00 <lousiF> what is everyone's data.mdb size? I have a pruned node at 54.9 GB (54,879,453,184 bytes)
15:01:32 <spacekitty420[m]> 145GB, not pruned
15:02:59 <ofrnxmr[m]> solo:  correct
15:03:10 <ofrnxmr[m]> Dont have your onion pointed at 18081, as its now unrestricted 
15:03:21 <solo[m]> Perfect
15:03:48 <lousiF> spacekitty420[m], dang.
15:05:20 <lousiF> it took me almost 2 weeks to dl the chain the first time,
15:05:39 <spacekitty420[m]> eh, still less than bitcoin (for now) and wayyyy less than eth
15:06:06 <lousiF> for most people it's just too time consuming and alot off your data plan, etc
15:06:35 <spacekitty420[m]> oof, 12 hours here without safe flag, 2TB nvme that plugged with external thingy in USB-C and 24 hours with the safe flag
15:07:13 <ofrnxmr[m]> <lousiF> "what is everyone's data.mdb size..." <- 55418181216 bytes
15:07:30 <lousiF> I had to limit the dl or the entire lan would be clogged, as in nobody could do anything on the lan
15:07:38 <spacekitty420[m]> also loosing some efficiency probably from doing in VM, having full drive luks encryption + qcow2 luks encrypted as well...
15:08:17 <spacekitty420[m]> like, it's saying that it's syncing on rotating drive (even tho is nvme)
15:09:47 <lousiF> ofrnxmr[m], mine is 54.9 GB , bytes are a bit tough to convert lol
15:09:53 <spacekitty420[m]> lan not issue in my case, 10GB/s WAN, not bothering with limiting or if wanna limit, just having different vpn which have their own bottlenecks so it doesnt take all the bandwidth that way
15:10:26 <solo[m]> spacekitty420[m]: Can back this up, luks encrypted drives seem to take longer to sync for me too
15:11:04 <lousiF> not everyone has a fibreoptic line near a metro area, though
15:11:35 <lousiF> I had to do it over a crappy dsl connection,
15:12:33 <spacekitty420[m]> true, also am moving to starlink but pissing me off cause they introduced data caps.... like 250GB per month then throttled or could pay 10 bucks extra for each extra 100GB
15:14:08 <ofrnxmr[m]> lousiF: Ls -lh shows 52gb for me
15:14:13 <lousiF> That mollusk guy is messing everything up lol
15:14:24 <spacekitty420[m]> 😹
15:15:47 <lousiF> ofrnxmr[m], I did ls -lh mine is exactly 52GB
15:16:44 <nioc> 131.06GB full node
15:17:34 <lousiF> dedicated
15:17:58 <nioc> so much room left
15:18:35 <lousiF> I've read, talked to people that say most of the earlier chain isn't really needed
15:19:39 <lousiF> nioc, I've been running out of disk space since the beginning. lol
15:21:55 <solo[m]> lousiF: Does make me wonder, why with so many peers, we don't remove the first blocks as new blocks enter keeping the chain at a stable size 
15:21:55 <solo[m]> Though, I am not exactly qualified to see why that would be a bad idea so 😆
15:22:42 <lousiF> this is a thing that will scare people away from downloading the chain, or they're just too lazy etc
15:22:46 <lousiF> the size
15:22:49 <spacekitty420[m]> wasnt there also an issue like the early blocks can't be pruned or something so it's like, blockchain could have been lighter by like 30 GB if they could have been?
15:24:01 <spacekitty420[m]> def wont be as bad at ethereum so there's that.. x)
15:25:41 <spacekitty420[m]> there was that xcn "cryptonite" (nothing to do with the cryptonight algorithm) that had that mini-blockchain tech thingy or somethin somethin
15:25:41 <spacekitty420[m]> then mcm "mochimo" (quatum resistant coin) that also found a way to not have big blockchain by only requiring like last 200 blocks or so, can't remember exactly but was something along those lnies
15:25:42 <spacekitty420[m]> s/lnies/lines/
15:26:11 <solo[m]> That's smart
15:29:22 <lousiF> spacekitty420[m], hmmm
15:33:32 <lousiF> it's tough to get anyone's attention about blockchain stuff now if you don't have a hi-res emoji meme coin etc
15:33:33 <lousiF> lol
15:34:56 <Rucknium[m]> You cannot remove outputs from the chain if you don't know if they have been spent. If you knew they were spent, then you'd be able to trace them. 
15:35:39 <Rucknium[m]> Monero's practical scalability is worse than standard UTXO coins in this regard.
15:36:31 <lousiF> It's a different world now than it was in what, 2014?
15:36:48 <lousiF> that short amount of time..
15:37:09 <Rucknium[m]> There is no solution to this problem AFAIK.
15:38:18 <solo[m]> Surely there is a way of keeping state without scanning the whole blockchain?
15:38:20 <spacekitty420[m]> lousiF: cryptoworld got such a bad reputation nowadays, 2015 was the whole Mt. Gox and "bitcoin for the silk road criminals", 2017 was the haters that missed the pump and thought they were too late, 2018 and after was like those bitcoinnect and masternode scamcoins dumping their pre-mine into gullible people, 2021 was the whole defi cringe wave....
15:39:01 <sech1> also NFTs! Remember NFTs?
15:39:01 <lousiF> Rucknium[m], I guess for now it's   monerod --prune-blockchain
15:39:23 <spacekitty420[m]> right, by defi cringe wave i meant NFT :P
15:39:25 <solo[m]> The problem with all NEW HIGH-TECH solutions it seems....
15:40:53 <spacekitty420[m]> which NFT, even actual artists were clear they dont want any of that shit but they still tried to force themselves into a space that didnt want them, creating even more hatred torward cryptocoins people
15:41:14 <lousiF> NFT ftw tho IG lmao Acronyms
15:41:39 <spacekitty420[m]> btc the og nft anyways o.o
15:42:16 <spacekitty420[m]> non-fungible trashcoin
15:42:18 <Rucknium[m]> solo: You need all outputs to select decoys. If you know of a solution, post it here: https://github.com/monero-project/research-lab/issues/94
15:46:03 <lousiF> There was a Monero NFT up for auction, not too long ago. I watched the thing till it ended. During that time I just downloaded the .mp4 file of this NFT...
15:46:21 <lousiF> whoever made that made a statement
15:50:29 <lousiF> here it is, https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/58795845110311006675615565810504834009772114003611009036439853479878752993281
15:51:00 <lousiF> and here is the NFT,
15:51:01 <lousiF> https://openseauserdata.com/files/427098dcf8c84e8b247d2ad4cc619534.mp4
15:54:54 <lousiF> shortened url FTR, https://opensea.io/collection/the-fungible
16:12:24 <monerobull[m]> I made a bunch of XMR by buying reddit nfts and selling them a few days later
16:12:37 <monerobull[m]> The perfect trade. Sold the absolute top
16:15:03 <lousiF> haha
16:16:23 <lousiF> I have tried to figure out the ethereum blockchain, it's beyond me. It has gas, it stinks.
16:18:32 <lousiF> if they want to own a gif file for reputation on a social media website. idfk
16:23:26 <Fishy[m]> lousiF: If you want to lend your assets or borrow money against them in a decentralized way it's pretty good
16:24:27 <nioc> fractional reserve FTW
16:27:34 <lousiF> then again this is all just on the internet/www. if you turn the computer or phone off, or your battery dies, no internet connection, all of this is worthless.
16:27:49 <lousiF> Just an observation,
16:37:19 <monerobull[m]> I mean yeah
16:37:19 <monerobull[m]> All of this is internet native
16:37:19 <monerobull[m]> Also why i think the obsession with getting crypto accepted in brick and mortar stores is kinda weird
16:43:31 <lousiF> I just remember jokingly trying to insert a dollar bill into a floppy drive in the 90's
16:44:42 <lousiF> but gotta keep paying the internet bill, over the internet. paperless..
16:54:41 <lousiF> Oh yeah, QR codes are pretty handy. You can put some data in a small square. But try to read a QR code with your eyes..? I write everything down on paper with a pen/cil
16:57:12 <solo[m]> Just learn to draw QR codes as notes noob
16:57:54 <lousiF> I can go on, but send your friends and family a handwritten letter through the mail. A post card is more value and meaningful
16:59:42 <solo[m]> Meaning isn't measurable, so people won't make things that cater toward it 
16:59:42 <solo[m]> Shame really
16:59:53 <solo[m]> Anyways coin stuff
18:38:18 <spacekitty420[m]> to read QR code with your eyes, u just need the musky brain upgrade thingy soon_tm o.o
19:36:25 <monerobull[m]> In the case of THORSwap Earn:
19:36:25 <monerobull[m]>     Your BTC goes into the liquidity pool to mint a synthetic BTC which is 1-to-1 redeemable for native BTC.
19:36:25 <monerobull[m]>     The BTC deposit is swapped to RUNE, and the RUNE is deposited in the pool to mint the synthetic BTC.
19:36:25 <monerobull[m]>     The synthetic BTC is backed by the liquidity pool and redeemable 1-to-1. This synthetic asset, representing a piece of the liquidity pool, earns a share of the yield that the pool generates from swaps. By taking on just the single side, the regular Asset:RUNE LPers take on extra price risk to RUNE and guarantee the redemption of the synths.
19:36:41 <monerobull[m]> can someone explain to me how this will death spiral as soon as RUNE dumps a little too much
19:40:33 <monerobull[m]> kayabaNerve: you surely have an opinion on this, right?
19:45:36 <monerobull[m]> https://thorswap.medium.com/thorswap-earn-is-here-e2cd07ab60b
19:46:53 <RavFX[m]> I dumped all Rune at about ~1.8-1.9$
19:46:53 <RavFX[m]> not going to touch again since they de-prioritized XMR
19:47:27 <RavFX[m]> I was the initial reason why I did buy Rune
19:47:52 <monerobull[m]> i know, im just holding what i have rn waiting for the maya airdrop. although those guys also seem to not care about xmr anymore (even though their investor whitepaper says they do)
19:53:15 <nioc> rube goldberg
19:57:10 <nioc> btc>rune>synthBtc>btc
19:57:12 <nioc> vs
19:57:16 <nioc> btc>btc
20:04:19 <monerobull[m]> but you dont gain 2% or whatever APY for just holding btc ;:DD
20:05:39 <monerobull[m]> would actually be interesting for xmr since people use it instead of just holding (higher APY bcs more swaps) and this is most likely safer than any CEX lending thing there is
20:06:17 <monerobull[m]> guess they can risk their network beta-testing this thing and when they finally integrate XMR 2 years from now we can feel a whole lot safer
20:06:45 <nioc> if they need liquidity they could just use btc and give you 2%
20:06:51 <nioc> just like a bank
20:06:58 <nioc> doing fractional reserve
20:08:25 <monerobull[m]> im pretty sure the synths are needed for whatever they are doing
20:08:43 <nioc> because regulations?
20:09:13 <monerobull[m]> no because of how the whole thing is designed
20:09:35 <nioc> yes but why was it designed like that?  :)
20:09:41 <nioc> I am a simple bot
20:10:37 <monerobull[m]> i think it wouldnt really be possible or really inefficient if you didnt mint synths and they also wanted it to pump rune when you put in other assets
20:11:18 <nioc> inefficient pumping 
20:13:20 * monerobull[m] uploaded an image: (95KiB) < https://libera.ems.host/_matrix/media/v3/download/matrix.org/dwWXEguOIjyNNZgtzIWiAvHt/grafik.png >
20:13:21 <monerobull[m]> i dont get it either
20:13:29 <nioc> the exchange I use will give me interest for lending them my crypto  
20:13:32 <nioc> except for the fact that I am in NY which protects me and therefore I am excluded from this evil
20:13:54 <monerobull[m]> this isnt a centralized exchange
20:14:05 <monerobull[m]> and they arent lending
20:14:27 <spacekitty420[m]> monerobull[m]: looks like some of those pyramid scheme graph thingies o.o
20:14:30 <nioc> yes just for liquidity 
20:14:51 <spacekitty420[m]> to be fair tho, bitcoin is pyramid scheme so.... :derp: x)
20:15:01 <nioc> so is life
20:15:38 <spacekitty420[m]> :hyperthonk: 
20:15:38 * monerobull[m] uploaded an image: (671KiB) < https://libera.ems.host/_matrix/media/v3/download/matrix.org/MRKDxSzudkcCmucfSjHJxbRl/grafik.png >
20:15:57 <monerobull[m]> this looks more coherent
20:16:16 <spacekitty420[m]> this looks like "gieb 1 btc, receive 2 btc" graph o.o
20:17:02 <monerobull[m]> i think they lock the real btc and mint a synth so you dont have to deal with L1 btc fees and blocktime for every trade
20:17:37 <monerobull[m]> and when you withdraw your synth gets burned and you get your L1 btc back
20:17:41 <nioc> cause not a cex?
20:18:05 <spacekitty420[m]> am just playin btw, don't mind me, am like literally retarded or some shit and even tho keep reading about all of that defi and nft and staking those btc into centralized exchange for binance to pay u some more btc, i never could understand any of that so... yeah, don't mind me x)
20:18:45 <monerobull[m]> dont worry, i also barely understand this savings thing. i know how regular liquidity works but this is a bit too much
20:19:12 <monerobull[m]> if it actually works, that would be awesome and a big win for defi
20:19:49 <monerobull[m]> if it doesnt, not that terrible of a loss anyways since thorchain is such a bitch about adding xmr
20:20:18 <nioc> is this serai we are talking about? 
20:21:13 <spacekitty420[m]> serai still in the work too, and it does have that liquidity provider model type of thing, kayaba explained it a bit awhile ago but like i said, am like retarded or some shit but for serai that does seem pretty good
20:21:28 <spacekitty420[m]> nioc: thorchain i think
20:21:28 <nioc> or thor themselves?
20:21:36 <monerobull[m]> i think serai will have synths too
20:21:52 <monerobull[m]> they are just called different
20:22:32 <nioc> I just try to follow the right people and thor does not seem to be them
20:22:33 <monerobull[m]> so it cant be THAT terrible of an idea 
20:23:18 <monerobull[m]> thor is alright for swapping amounts sub 1k
20:23:27 <spacekitty420[m]> we all be following MacAfee o.o
20:24:12 <nioc> more like MacAfee is following people, they still can't get rid of it  lol 
20:24:35 <spacekitty420[m]> LOL true 😹
20:24:39 <nioc> implementation is a big deal 
20:25:24 <monerobull[m]> all i want for christmas is serai, haveno and basic swap
20:25:56 <nioc> there was activity on farcaster GUI today
20:26:27 <nioc> I hear haveno Christmas 2021 and Tari in 2020
20:27:04 <monerobull[m]> lol i think you are missing the 2 covid years in your calculation
20:27:35 <nioc> but they promised me
20:28:01 <monerobull[m]> at least vik will pay for the ui now 👀
20:28:55 <NorrinRadd> i find it funny that as soon as gui funding dried up, it was ok to move froward with the bisq ui
20:29:10 <NorrinRadd> which begs the question, why was the ui being re-written in the first place 
20:29:36 <nioc> cause they said it would be much better
20:30:27 <NorrinRadd> i can accept that. but then it was ok to use the bisq ui. there should be no backing down from that going forward
20:30:33 <NorrinRadd> don't waste money on a ui that isn't needed
20:30:47 <NorrinRadd> get this thing up and running and worry about that later 
20:30:47 <monerobull[m]> the new ui looks way better and easier to use than the bisq ui
20:31:10 <monerobull[m]> the ui and backend were developed in parallel by different teams
20:31:21 <NorrinRadd> ok
20:31:25 <nioc> yeah but then all the development had happened, no turning back at that point
20:31:36 <NorrinRadd> no, the gui was paused
20:31:40 <NorrinRadd> keep it that way 
20:32:00 <nioc> at the point it was paused
20:32:01 <ofrnxmr[m]> NorrinRadd: Because scammer 
20:32:47 <NorrinRadd> it seems to have been proven unnecessary. financial constraints enlightened everyone. but let's not move away from what we learned 
20:32:48 <ofrnxmr[m]> The ccs didnt even detail what lang the ui would be written in. Whole thing was a sham imho. Haveno backend was never a community project to begin with
20:32:53 <ofrnxmr[m]> Only the fake gui 
20:33:37 <ofrnxmr[m]> At least now its in the hands of someone who cares about delivering 
20:34:46 <ofrnxmr[m]> And im being extra harsh. The gui wasnt "fake". But the ccs spoke a whole lot about haveno when haveno itself had nothing to do with it
20:38:02 <nioc> so seraphis not b4 xmas 2024 which I guess means 2026
20:38:20 <nioc> 2024 would be most optimistic 
20:39:22 <ofrnxmr[m]> There are plenty of things not ready for seraphis 
20:39:47 <ofrnxmr[m]> Random date goal 2024, realistic date, who knows.
20:40:02 <spacekitty420[m]> ofrnxmr[m]: yeah, the IRS and Ciphertrace are definitely not ready for it o.o
20:40:25 <ofrnxmr[m]> Maybe they are the only ones keeping up with dev?
20:40:34 <monerobull[m]> Big brain seraphis devs releasing at peak of 2028 bullmarket for big hype
20:40:40 <ofrnxmr[m]> Jk. They are retarded
20:40:48 <spacekitty420[m]> ofrnxmr: nah, still waiting on their math guy...
20:42:08 <ofrnxmr[m]> Seraphis and jamtis are massive changes, going to be a while to even figure our the best way to transition 
20:42:25 <ofrnxmr[m]> New wallet addresses, new key schemes, new rings 
20:44:19 <spacekitty420[m]> new lambo, new house, new phone who dis?
20:44:49 <ofrnxmr[m]> New Koe
20:44:55 <ofrnxmr[m]> Mr nice watch 
20:44:58 <spacekitty420[m]> noooooo
20:45:09 <nioc> it will come quickly, spacekitty420[m] was participating in the seraphis planning meeting 
20:45:37 <spacekitty420[m]> nioc: yas, i big brain o.o
20:45:49 <monerobull[m]> why did fluffy buy a watch that comes with a race-bike? we will never understand
20:45:50 <ofrnxmr[m]> Oh. Well then, were looking at early 2023 if spacekitty was on the job
20:45:57 <spacekitty420[m]> :3
20:46:07 <ofrnxmr[m]> nioc:  I missed the meeting 🤦‍♂️
20:46:39 <ofrnxmr[m]> Its ok. I'' show up at the final meeting and flip the table like a true professional
20:47:26 <nioc> not too much happened
20:47:40 <ofrnxmr[m]> "New addresses should start with kittyxmr"
20:47:41 <spacekitty420[m]> eh, u didnt miss much tbh, it was basically like "should outputs be called outputs?" or "should transfers be called transfers"? basically a bunch of nerd tryna understand english big words
20:47:45 <nioc> ofrnxmr[m]: logs included here https://github.com/monero-project/meta/issues/751
20:48:24 <nioc> mooo was rolling his eyes  lol
20:48:24 <ofrnxmr[m]> spacekitty420[m]: So... I missed the important part 
20:48:32 <ofrnxmr[m]> Haha
20:52:38 <ofrnxmr[m]> ♥️ moo
20:53:01 <ofrnxmr[m]> Someone needs to keep things going 
21:22:17 <kayabaNerve_> monerobull[m]: Serai isn't planned to have synths. Synths aren't wrapped assets yet single-sided LP subject to trading fees to acquire and slippage when holding. THORChain's new vaults don't have such slippage because the protocol tops you up, but they still have the acquisition/release trading fees. Serai is looking at wrapping with fla fees.
21:23:51 <monerobull[m]> thanks for clearing that up :)
21:24:30 <monerobull[m]> the serai wrapped assets will be mainly used for arbitrage, right?
21:25:57 <kayabanerve[m]> Or general swapping. It's the same as leaving your funds on any other exchange
21:26:56 <monerobull[m]> ah makes sense. so if i wanted to do some daytrading i would swap sXMR for sDAI or something and then back to save on fees / locktime