<r​ucknium:monero.social> Is this a new XMR payment processor? plisio.net/accept-monero

<z​ounds:monero.social> well not if you're exchanging on a cex

<z​ounds:monero.social> the best option is to just keep it in xmr and use it that way

<r​ucknium:monero.social> Plisio:

<r​ucknium:monero.social> >12 integrations: BigCommerce, Ecwid, Magento, Opencart, osCommerce, PrestaShop, VirtueMart, WHMCS, WooCommerce, X-Cart, Zen Cart, Easy Digital Downloads

<r​ucknium:monero.social> > 6 libraries for the most popular programming languages: PHP Library, Python Library, React Library, Vue Library, NodeJS Library, Android sdk Library

<r​ucknium:monero.social> That's what I like to see 😎

<c​trej:matrix.org> monero is not a privacy condom. You can not swap usdt to xmr and expect that its instantly private. Always assume that all cex trading data is available to anyone trying to track you. When you convert to X amount of XMR, send them to another exchange and convert it to fiat, it is very easy to tell that it was you by comparing amounts and timestamps alone.

<c​trej:matrix.org> Easiest way to avoid that is to never swap back, and just use the xmr for purchases, like zownds!: said

<m​lcboss:envs.net> is it a bad idea to store money in xmr? i don't really invest in xmr.

<m​lcboss:envs.net> but i hold it mostly because it is very save. no one can close or flagged my account unlike bitcoin or bank account. the only downside is when the internet is down sorry for bad english

<m​lcboss:envs.net> i know crypto is very unstable and i can potentially lost alot of money.

<m​lcboss:envs.net> do you guys think xmr make sense for store of value or only be used as medium of exchange? i might think gold is more make sense and more stable.

<g​fdshygti53:monero.social> Gold might be a good store of value but unlike xmr, it is not practical.

<g​fdshygti53:monero.social> You cant pay for stuff online with gold...

<g​fdshygti53:monero.social> And XMR can be converted to cash in less than 10 minutes, without losing 30-50% of the value because gold shops scams (at least the local one)

<g​fdshygti53:monero.social> I guess at the end it depend if you want to use it as a checking account or a saving account

<c​trej:matrix.org> people save money so that they can buy things later. The unique property of monero is that you can spend it without having to convert it first. Is far from guaranteed that you are able to sell your gold/stocks/whatever, and if you do, you should expect a large spread between buy and sell.

<m​lcboss:envs.net> i used credit card and pay monthly by selling some of my xmr and used them to buy giftcards. this probably would be impossible with gold.

<m​lcboss:envs.net> my main worries with hoarding xmr is when xmr are blocked at large cex causing the coin to devalue and impractical . xmr has been delist on my local exchanges

<c​trej:matrix.org> You think about selling xmr first and then pay with fiat, which is not what I talked about. Why would you throw away the best feature?

<c​trej:matrix.org> Yes, currently there are not many things you can by directly with xmr, but the amount of merchants is rapidly increasing moneroj.net/merchants_increase

<c​trej:matrix.org> These are absolute numbers btw, if you see it in relation to market cap or transaction count xmr is outpacing everything else by a large margin

<1​23bob123:matrix.org> harder to get value=🆙

<p​lowsof:matrix.org> Rucknium should we tell Pilsio that Monero isnt mined with GPU's

<p​lowsof:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/gOJzjagFfVKsjNWRvLGeKXmW

Same articles from before 2018 are copy-pasted over and over again

<x​fedex:matrix.org> Claymore? CCMiner? I haven't seen anybody using them for Monero

<4​rkal:matrix.org> Hey guys

<4​rkal:matrix.org> Just thought of something

<4​rkal:matrix.org> What happens if a miner that found a block decides to not include any transactions in it? Would that be possible?

<4​rkal:matrix.org> Sorry if it's a stupid question..

<4​rkal:matrix.org> What happens if a miner that "found" a block decides to not include any transactions in it? Would that be possible?

<r​ucknium:monero.social> 4rkal: Absolutely possible. Happens even today with mining pools that did not change their block template update frequency like I suggested.

<4​rkal:matrix.org> Isn't that a bit of a problem?

<r​ucknium:monero.social> 4rkal: Just happened a minute ago: xmrchain.net/block/2959812

<4​rkal:matrix.org> I mean that's worse than a 51% attack. If nanopool decides to not include any transactions into the next blocks no one can move their monero

<4​rkal:matrix.org> And they still get their 0.6 xmr

<r​ucknium:monero.social> You would have to have a majority of hashrate and kick out all other miners' blocks to mine empty blocks continuously

<r​ucknium:monero.social> So you would in effect be doing a 51% attack. Just not to do double spends

<r​ucknium:monero.social> It happened on BSV months ago IIRC

<c​trej:matrix.org> the longer a mining pool mines empty blocks, the more transactions pile up, and another pool can include them to get the fees

<c​trej:matrix.org> why would a miner not pick the pool with the highest rewards?

<r​ucknium:monero.social> coindesk.com/business/2022/10/17/bi…-block-empty-block-bitcoin-sv-miner

<4​rkal:matrix.org> Rn there isn't a very big incentive for pools to include txs though..

<r​ucknium:monero.social> bitcoinsv.com/how-mining-empty-blocks-hurts-the-bitcoin-network

<r​ucknium:monero.social> The incentive is: don't damage the network that I'm mining coins on. And don't create a custom configuration since I (the pool operator) don't know if I will screw something up and get my blocks orphaned.

<4​rkal:matrix.org> So just good faith? Lol

<4​rkal:matrix.org> Is there any particular reason that Monero doesn't reject empty blocks?

<4​rkal:matrix.org> Shouldn't something like that be implemented?

<r​ucknium:monero.social> I just gave you two economic incentives to put txs into blocks. From the beginning, mining uses self interest to secure the network.

<r​ucknium:monero.social> No sane way to do it. The mempool is not part of consensus, so you cannot place requirements in that part of the system.

<4​rkal:matrix.org> I have quite little understanding of how this works but when a miner broadcasts a block with no transactions can't the network reject it? Or would that result in hardforks etc

<r​ucknium:monero.social> There may legitimately be 0 transactions in the mempool. How do you deal with that? Create fake transactions? That increases blockchain size for no good reason.

<4​rkal:matrix.org> Yeah didn't think of that one lol

<r​ucknium:monero.social> Anyway, when the community asked mining pools to include transactions in blocks faster because of what my research found, most mining pools did it: reddit.com/r/Monero/comments/11nu4a…ransaction_confirmations_are_now_60

<4​rkal:matrix.org> Yeah I saw that pretty cool stuff

<r​ucknium:monero.social> So they were not "sabotaging" the network. They were helping it.

<p​lowsof:matrix.org> 3.585731 xmr donation earlier to the general fund (looks like nitter is dead again) twitter.com/WatchFund/status/1695138612759675358

<p​lowsof:matrix.org> explore monero too? exploremonero.com/transaction/0b964…aaad35c9946c31f20e97e0f3f0e7245a193

<1​23bob123:matrix.org> Fud nitter.net is working (for now)

<1​23bob123:matrix.org> #ban