-
Dan91
-
m-relay
<ofrnxmr:monero.social> Lol
-
m-relay
<brkntve:garudalinux.org> Spot ETFs won't be the death of BTC, its the growth of the futures market aka paper market that keep suppressing the prices. Not enough captial in XMR to be the new BTC
-
m-relay
<brkntve:garudalinux.org> IMO: Spot ETFs won't be the death of BTC, its the growth of the futures market aka paper market that keep suppressing the prices. Not enough captial in XMR to be the new BTC
-
m-relay
<tengkuizdihar:matrix.org> Hello I want to ask something about monero encryption. Please be patient with me. I've seen the whitepaper
bytecoin.org/old/whitepaper.pdf. When ALICE sends X amount of Monero to BOB, how does BOB or anyone that verifies the transaction know whether the amount of monero that ALICE has is actually valid?
-
m-relay
<tengkuizdihar:matrix.org> For example, if ALICE has 1 Monero, what prevents her from sending 2 Monero to BOB?
-
m-relay
<ghoststandsalone:matrix.org> Hey watch out guys. QAnon is a military operation.to catch people who have commited crimes in the past. Best of luck. Remain private
-
m-relay
<pyromaniaco:matrix.org> Hello monerobros, I've created a Kuno to receive donations for the channel, and I'd appreciate it if you could take a look ☺️. I run a channel focused on sharing art and translations to promote the use of Monero in Brazil. I hope to keep contributing to the community; Monero is a great project, and its adoption should be increasingly encouraged here.
-
m-relay
-
m-relay
<pyromaniaco:matrix.org>
t.me/MoneroPropagandaBR
-
m-relay
-
m-relay
<pyromaniaco:matrix.org> This is one of my latest works
-
m-relay
<pyromaniaco:matrix.org> "Privacy is the key, use Monero"
-
m-relay
<mrwonderland:tchncs.de> Hey, this is where RingCT (or now bulletproofs) step in. You can read about that here:
getmonero.org/resources/moneropedia/bulletproofs.html
-
m-relay
<mrwonderland:tchncs.de> In short some fancy math & encryption makes sure that the sum of the in- and outputs is 0 and that the outputs are bigger than 0.
-
m-relay
<mrwonderland:tchncs.de> I think every node that broadcasts a transaction checks this (but you might want to double check me on this).
-
m-relay
<hinto.janaiyo:matrix.org> FPS DEV GUY (izdihar): more info on RingCT here
getmonero.org/library/Zero-to-Monero-2-0-0.pdf#chapter.5
-
m-relay
<hinto.janaiyo:matrix.org> MrWonderland: probably better explained as outputs must be in range of `0 to 2^64 − 1`
-
m-relay
<tengkuizdihar:matrix.org> Thanks foe coming in clutch dude
-
m-relay
<endor00:matrix.org> Also here is a very nice explanation (and there are chapters for RingCT and before that)
moneroinflation.com/amounts_bulletproofs_plus
-
plowsof
-
plowsof
This closed PR is the beginning of integrating it like p2pool
monero-project/monero-gui #4181
-
plowsof
dsc_
-
dsc_
plowsof: i remember working on that (i2p integration in GUI)
-
dsc_
via i2p-zero
-
dsc_
unfortunately its not a trivial feature
-
dsc_
this was back in 2018, I was in contact with the author of i2p-zero
-
plowsof
But you tried to do it properly , this is the bare minimum (like p2pool integration)
-
dsc_
lemme read
-
dsc_
ok yeah, sure
-
dsc_
so what i did not like about i2p is the bootstrap time compared to Tor
-
dsc_
takes like several minutes to get online
-
dsc_
IIRC
-
dsc_
i2p is great though once it works ;)
-
dsc_
does someone know if/when polyseed gets into monero
-
selsta
I also think Tor would result in better user experience
-
m-relay
<ofrnxmr:monero.social> I2p uses a lot of data
-
m-relay
<ofrnxmr:monero.social> And startup time is typically in the minutes if you havent been connected for a while
-
m-relay
<endor00:matrix.org> You can set bandwidth limits
-
m-relay
<ofrnxmr:monero.social> I know
-
m-relay
<endor00:matrix.org> And the startup time is ~10 minutes
-
m-relay
<endor00:matrix.org> But a Monero wallet should not know any of that, nor care about it
-
m-relay
<ofrnxmr:monero.social> Starts up in seconds if it was recently running on the same ports
-
m-relay
<ofrnxmr:monero.social> But yeah, a tor daemon will start in under 30secs almost everytime
-
m-relay
<ofrnxmr:monero.social> Pretty seamless
-
m-relay
<ofrnxmr:monero.social> If embedding an i2p daemon, it should be for the node imo
-
m-relay
<ofrnxmr:monero.social> So you can have gui auto config your tx proxy and anon inbound
-
m-relay
<endor00:matrix.org> Embedding a whole i2p daemon makes no sense imo
-
m-relay
<ofrnxmr:monero.social> I agree
-
m-relay
-
m-relay
<ofrnxmr:monero.social> Lol
-
m-relay
<endor00:matrix.org> This is the way to go
-
m-relay
<endor00:matrix.org> Even for the node, I mean
-
m-relay
<ofrnxmr:monero.social> Yeah. We dont use sam though
-
m-relay
<ofrnxmr:monero.social> Btc does
-
m-relay
<endor00:matrix.org> Any application that integrates with i2p should use the sam api
-
m-relay
<ofrnxmr:monero.social> 🙏
-
m-relay
<endor00:matrix.org> There are libraries that wrap it as well
-
m-relay
<endor00:matrix.org>
github.com/i2p/i2psam
-
m-relay
<karano:poddery.com> what is the best xmr-btc swap service which provides lowest transaction fees ?
-
nioCat
I have heard trocador consistently recommended, it aggregates the various swap services and compares prices and maybe other info as well
-
m-relay
<ofrnxmr:monero.social> TO btc?
-
nioCat
never used them hence the beginning of my statement
-
nioCat
do they?
-
nioCat
he I go again assuming that people are talking to me :D
-
nioCat
s/he/here
-
m-relay
-
m-relay
<ofrnxmr:monero.social> Idk if i can recommend going _to_ btc at all, unless youre a spending over 2500 and dont mind the extra 1% fee on top of the swap
-
m-relay
<ofrnxmr:monero.social> But yes niocat, i use trocador personally
-
m-relay
<ofrnxmr:monero.social> But not with btc
-
nioCat
only 388k txs in the mempool
-
m-relay
<naphtha:kyun.host> it also guarantees no kyc i think if you get kyc'd by the exchange trocador gives you the money back
-
m-relay
<naphtha:kyun.host> up to a certain amount
-
m-relay
<gfdshygti53:monero.social> It depend of the exchange you choose too.
-
m-relay
<tigerbalm:matrix.org> How is it that these shitcoins like $SOL start pumping while literally the only true crypto in the space gets little relative price action?
-
m-relay
<gphinriks:matrix.org> Isn’t web3 being pumped with a lot of propaganda these days?
-
m-relay
<gphinriks:matrix.org> And isn’t Solana a web3 platform?
-
m-relay
<gphinriks:matrix.org> Just wondering about how you define something as “shitcoins”.
-
m-relay
<paintchip:matrix.org> So much of the shitcoin movement now is just speculation, people thinking that they can bet on the next Bitcoin and get rich quickly.
-
nioCat
has been that way for 10 years
-
m-relay
<unkn8wn69:matrix.org> We shouldnt even care about price. Only some maxis and shitcoiners think its important for a cryptocurrency. The only thing that is important is the use of it, and as we all know: "Monero is the only cryptocurrency that is used!" - McAfee
-
m-relay
<unkn8wn69:matrix.org> I think little price action for xmr just means little speculation and therefore more use in monetary transactions (this is what we want)
-
m-relay
<ofrnxmr:monero.social> Fud
-
m-relay
<ofrnxmr:monero.social> dont buy that nonsense
-
m-relay
<unkn8wn69:matrix.org> Demand in xmr won't grow or fall as rapidly as in shitcoins because xmr is delisted everywhere and generally investors and broader society who just want to make a quick buck just don't care about it
-
m-relay
<ofrnxmr:monero.social> Thats why xmr doesnt appreciate
-
m-relay
<unkn8wn69:matrix.org> There is no one shilling xmr and saying it's gonna be up the moon in a year from now.. And I think that's a good thing
-
m-relay
<ofrnxmr:monero.social> If people knew xmr was a bubble, theyd use it faster
-
m-relay
<unkn8wn69:matrix.org> Rather let's have a smaller but more educated crowd that actually uses xmr.
-
m-relay
<ofrnxmr:monero.social> As they should
-
m-relay
<ofrnxmr:monero.social> Lets not
-
m-relay
<unkn8wn69:matrix.org> Surely
-
m-relay
<ofrnxmr:monero.social> have 1mill tx/day pls n thx
-
m-relay
<ofrnxmr:monero.social> This aint a hobby coin
-
m-relay
<ofrnxmr:monero.social> Lets* have
-
m-relay
<unkn8wn69:matrix.org> Well not use, just buy
-
m-relay
<rottenwheel:kernal.eu> ok boomer.
-
m-relay
<ofrnxmr:monero.social> Shitcoins dont appreciate due to adoption
-
m-relay
<ofrnxmr:monero.social> But due to 20x futures gambling
-
m-relay
<ofrnxmr:monero.social> Monero adoption _actually_ leads to a rising price floor
-
m-relay
<ofrnxmr:monero.social> im defining adoption as "using self custodially"
-
m-relay
<ofrnxmr:monero.social> a smaller crowd is useless af
-
m-relay
<ofrnxmr:monero.social> I want to use my xmr.
-
m-relay
<ofrnxmr:monero.social> So please, hurry and make the crowd big
-
m-relay
<ofrnxmr:monero.social> You need _new_ money coming in
-
m-relay
<unkn8wn69:matrix.org> yes but do you think many investors with xmr (maybe even non existent ones) sitting in custodial exchanges would help xmr?
-
m-relay
<unkn8wn69:matrix.org> Or did I understand wrong and you just mean these kind of adopters
-
m-relay
<unkn8wn69:matrix.org> Generally in the market the news sells better than the reality. If people hipe up bitcoin ETF coming it'll greatly push the market but eventually once it comes out the actual new cashflow might not be as big as hoped and then market will fall again
-
m-relay
<unkn8wn69:matrix.org> Like with ripple when everyone was saying banks gonna adopt it. I still don't even get what ripple really is
-
m-relay
<unkn8wn69:matrix.org> Sadly everyone I know around me who interacted with crypto in any way did it through either some fake "mining-app" on their phone like beecoin or something, or bought SOL/Cardano etc on binance -_-
-
m-relay
<unkn8wn69:matrix.org> And when I say I'm into crypto they want investment advise
-
m-relay
<unkn8wn69:matrix.org> Sadly everyone I know around me who interacted with crypto in any way did it through either some fake "mining-app" on their phone like beecoin or something, or bought SOL/Cardano etc on binance -_-
-
m-relay
<unkn8wn69:matrix.org> And when I say I'm into crypto they want investment advice
-
nioCat
they will only take your advice if it corresponds with that of the talking heads
-
m-relay
<endor00:matrix.org> As long as your electricity price is billed in fiat/kWh, miners will care about the price - by necessity. If the price tanks, so does the mining incentive (the "real" value, not the speculative hopes and dreams), and the network security crumbles