06:11:03 It keeps going! 600 XMR donated to GF. https://x.com/WatchFund/status/1779675935819616259 06:11:16 nitter: https://nitter.poast.org/WatchFund/status/1779675935819616259 06:11:39 Lame, they've missed doing an emblematic 420.69 donation twice now. 06:45:32 Amazing 06:50:03 <321bob321:monero.social> wrong wallet to send too 08:28:51 <4chanbro:matrix.org> anyone here use 4chan? 08:28:51 <4chanbro:matrix.org> /biz added email verification 08:29:52 <4chanbro:matrix.org> im building a tech proposal to build a decentralized one without compromising anonymity when hosting p2p 08:29:52 <4chanbro:matrix.org> would that be elligible for CCS? 08:29:54 <4chanbro:matrix.org> im building a tech proposal to build a decentralized one without compromising anonymity when hosting p2p 08:29:55 <4chanbro:matrix.org> would that be eligible for CCS? 09:29:10 If KYC is not a problem there are probably better options to gather funding 09:29:11 I recommend NLnet 09:31:03 <4chanbro:matrix.org> i cant really use any fiat aggregators 09:31:04 <4chanbro:matrix.org> id do KYC with the core team but would rather stay private for security reasons 09:31:32 <4chanbro:matrix.org> and i dont know if NLnet would fund somethign as radical as this 09:31:33 <4chanbro:matrix.org> cause it IS political 09:31:37 Then you can cooperate with somebody to do the kyc for you and transfer the money 09:32:21 sounds like a way to add a weak chain link 09:32:22 They wont have issues with that if the propodal is good 09:32:31 <4chanbro:matrix.org> i cant get fiat in the country anymore except with (((banks))) 09:32:31 <4chanbro:matrix.org> its complicated 09:32:32 <4chanbro:matrix.org> but any way to get someting other than fiat is good hence why XMR 09:32:51 ((())) lmao 09:32:53 NLnet dgaf about politics, and when it does it does good shit 09:32:55 <4chanbro:matrix.org> i'll check out NLnet and if they fund with crypto 09:33:00 They wont 09:33:26 <4chanbro:matrix.org> i'll have to get someone to get the money abroad and send me crypto 09:33:27 <4chanbro:matrix.org> no one trusts banks especially after the ponzi they did couple years ago 09:33:28 LebAnon: you ever listen to a houthi diss track? 09:33:49 <4chanbro:matrix.org> no lol 09:34:58 https://www.youtube.com/watch?v=o1T1Em0eOjs 09:35:37 made a diss track on a captured ship 09:36:51 <4chanbro:matrix.org> what 09:36:58 <4chanbro:matrix.org> lol 09:37:30 Well yeah? I guesd the EU isn't falling in next year or so, you can easilly grab the funds (and since theg are not taxed) buy crypto and run with them (obviously after doing the work) 09:50:09 look like youtubes been deleting houthi songs 10:00:18 no wayz. is that the real lebanon? 10:00:21 from biz 10:05:15 no he just hides his real identiy - he's lebron james! 10:06:47 it's the realz one. @4chanbro:matrix.org didn't you make it with btc? what you doing here 10:15:26 nvm you switched from btc now i remember. big mistake 10:20:32 someone warn us about inflation bug 10:20:44 📉📉📉📉📉📉📉📉📉📉📉 10:21:03 turn: FUD. https://www.moneroinflation.com/ 10:22:13 On one hand, due to the fact that the amounts are hidden in a transaction and verifying the equation 'Inputs = Outputs + Fees' is not straightforward then our brain naturally raise suspicion on that. On the other hand, with some efforts on understanding the equations behind it is possible for one to convince himself that this equation is really being obeyed. 10:22:14 from website. no guarantee of no inflation 10:22:39 📉📉📉📉📉📉📉📉📉📉📉 10:45:06 shkeezy offtopic 11:26:32 <321bob321:monero.social> https://www.reddit.com/r/Monero/comments/1c4fvzq/happy_10th_anniversary_monero_for_limited_time/ 12:13:44 why xmr not go solo mining only? 12:13:53 1 cpu = 1 vote was satoshi's vision 12:14:57 solo-mining only disincentivize miners 12:15:14 you may not get any reward for mining months 12:15:20 it disincentivize botnet 12:15:33 makes blockchain more honest 12:15:45 botnet's are not a problem to the monero itself 12:15:50 botnets are not a problem to the monero itself 12:18:43 no botnet mine bitcoin 12:19:28 yeah, because you need specific hardware for it 12:19:39 this is not an argument for monero 12:19:49 monero's main aim has always been incentivising miners 12:19:54 like tail emission 12:20:06 Solo mining does nothing to stop botnets, but it removes small individual miners 12:20:09 you can mine bitcoin with cpu and gpu 12:20:25 you cant 12:20:35 it stop botnet because sync take too long and too hard to infect pcs 12:20:43 technically you can, but you just waste electricity and get no reward 12:21:41 i do not think you understand how syncing works 12:21:44 how tail emission work? not familiar 12:22:45 turn: Check out this video 12:23:06 https://youtu.be/vjn9l3hG4ME 12:23:20 monero's mining reward is not going to zero, instead it stays at a minimum predefined one and continues to be like that till the end. tail emission is defined at 0.60xmr per block. it started in like 2021 and will continue till the end 12:23:41 this is also a great video about it, you should watch it @turn:transfem.dev 12:25:39 https://localmonero.co/knowledge/monero-tail-emission?language=en 12:25:51 so monero have infinite supply now? this very bad... 12:25:53 monero's mining reward is not going to zero, instead it stays at a minimum predefined one and continues to be like that till the end. tail emission is defined at 0.60xmr per block. it started in like 2022 and will continue till the end 12:26:15 did you watched the video, its inflation is lower than gold and will always be lower than gold 12:26:19 nothing too scary 12:26:35 infinite supply only if you live infinetly long lol 12:26:55 reward should decrease with supply. in the future if network used then the fees pay miners. with infinite tail emission the miners keep taking the supply and it inflate like usd 12:27:34 reward in percentage of supply continually decreases 12:27:53 yeah, can you guess what will happen when bitcoin block reward be 0.0000000345, the users have to pay thousand dollars to make a tx, monero blocks this via tail emission 12:28:17 usd inflates at an unknown rate 12:33:15 no the messages came in now 12:33:25 i watch the video now 12:34:26 so bitcoin lying? i thought infinite supply. with 21 million coin it remain scarce and value go up. that's what everyone says 12:34:30 so bitcoin lying? i thought infinite supply bad like usd. with 21 million coin it remain scarce and value go up. that's what everyone says 12:35:20 no inflation is bad, high inflation is also bad. monero balances this via little but non-zero inflation 12:36:04 its value will go up but you wont be able to make a transaction. what is the purpose of it if you cant make a transaction 12:36:23 this good video. i get now. because in the future bitcoin will only have low reward because of halvening? unless millions and billions users use it the bitcoin blockchain stop. but monero use 0.6 xmr forever. is 0.6 enough but or is it too low in the future? 12:37:20 the users will have to pay much more fees to pay miners. monero will always be secured by miners because of block reward 12:38:12 also, bitcoin cant be used by millions of users because it has a fixed blocksize, unlike monero 😉 12:38:17 how long is block in xmr? is it 10 minutes? 12:38:27 2 minutes per block 12:38:36 so 2 minutes per new 0.60 xmr 12:39:26 that make sense. i thought 0.6 xmr per day. with 0.60 xmr per block that means 864 xmr per day forever? 12:40:17 yes, approximately like that 12:41:09 for it to be profitable it still have to increase or stable in price for miners? 12:41:19 even with the 0.6 block reward that is static 12:41:56 its current price is enough to secure network 12:42:15 if price increases, new miners will come and the network will be much secure 12:42:45 but miners if they all use the same pool this is bad? 12:42:54 does monero have decentralized pool to avoid this? 12:43:06 because of 51% attack 12:43:08 p2pool 12:43:27 yes, check p2pool https://p2pool.io/#pool 12:45:48 btc hash rate immensely bigger than xmr in EH instead of GH. if monero stay at GH forever, it still remain secure? 12:46:38 btcs hash rate is "shown" more because it has asics, monero does not have asics, it uses randomx and you can use all devices to mine it 12:47:01 so comparing the hashrates is not a fair comparison 12:47:05 so xmr should have bigger hashrate because all computer and phones can mine it? 12:48:00 it may or may not be, because we dont know the asics randomx performance, like i said it is not a fair comparison 12:48:25 oh because they have different algorithm? 12:48:36 btc is sha and xmr is randomx 12:48:51 yes and randomx is asic-resistant 12:49:06 you cant design a specific hardware for it to be more efficient than general computers 12:49:17 how does it do that? 12:49:30 is the answer complicated because that sound impossible 12:49:39 via memory-limit etc. 12:49:59 it is complicated actually, they did a great job for it 12:50:27 what stop someone from getting the best cpu and making a factory like btc but? 12:50:40 source code is here: https://github.com/tevador/RandomX 12:51:05 you can, but it wont be more efficient than my current phone, it will be same price-performance 12:51:23 They could make more money selling those CPUs than mining monero 😂 12:51:45 amd and intel is already selling them if you think 🙃 12:52:00 there isnt a specific hardware for mining monero 12:52:02 what's price-performance? 12:52:06 all devices are same, just like satoshi wanted 12:52:12 so if i mine on phone it say as epyc cpu? 12:52:18 but the hash rate different? 12:52:40 no, only efficiency of price will be the same 12:53:15 They do 😅 12:53:35 sorry i don't understand. but i put one cpu and it earn more in mining calculate compared to another cpu? 12:54:48 its based on price, for example when you get a 100dollar cpu, it will get 1k h/s and if you get a 200dollar cpu it will get 2k h/s. the numbers are just an example 12:55:11 price efficieny is approximately same for every device 12:55:16 oh like linear relationship? 12:55:32 monero has a adjustable block size and the 0.6xmr tail emission is needed for that to function 12:56:05 yeah 12:56:35 there is no asic because its price-performance relation is the same for all devices 12:57:06 this again seem impossible. how randomx enforce this? it sound like fairy tale 12:57:27 if you have resource to read i can read it otherwise im going to ask more and more question because this is interesting... 12:58:28 i dont know the details, but nothing is impossible in computers. you can check the readme in github repo 12:58:39 it also has many audits so we can say it works 12:59:05 https://github.com/tevador/RandomX/blob/master/doc/design.md 13:00:02 monero very complicated compared to bitcoin 13:00:24 maybe this why it's hidden. i don't understand many things 13:00:43 making the true digital cash is not easy 13:01:10 i heard there was attack against monero? so it still not perfect even this complicated? 13:01:13 bitcoin cant even fix the high fee problem 13:01:42 there are solutions but they are all L2 or out of bitcoin. not on the main blockchain 13:02:06 it can be discussed if it counts as an attack. nothing is broken via tx flooding 13:02:46 lightning or other l2s are already broken, you have to run your node or pay fee to get liquidity etc 13:05:53 does monero try to be like bitcoin, trying to be a reserve currency? 13:06:31 no, it is only trying to be a digital cash. 13:06:45 this does not mean it cant be used as a store of value 13:07:26 against kyc like venmo, cashapp and other alternative? 13:08:24 yes, monero has very privacy-focused community. you can check out https://monerica.com for markets that accept monero and https://kycnot.me for no-kyc exchanges 13:10:10 is site like https://spendit.finance and https://stealths.net legit? look too good to be true. convert from xmr to giftcard without kyc up to 10k 13:10:16 i found it on monerica 13:10:35 yes, if there is a tick near them that means that someone used and it is legit 13:13:13 do you think monero will ever be able to buy a house with it or car? now it only looks like small items 13:13:39 why not, monero community grows over time 13:14:31 i will keep focus on monero 13:14:43 ty for answering my doubts 13:15:17 you are welcome, have fun 13:25:26 Buying a Car using Monero w/ Monero Mac, Monero Price, News & MORE! | EPI #149 13:25:27 https://www.youtube.com/watch?v=OAFRxtPoCVg 13:34:20 i think i heard there was a brazilian house on moneromarket.io 14:16:51 sorry i reread this and realized how wrong i was. i was FUD because i didn't have the knowledge. it's easy to check for monero inflation bug and it doesn't have one now... 14:27:58 Dollar Vigilante claims to have sold his house in Mexico for XMR. 16:28:37 and consider that invoices in crypto may need to be hastily paid ? 16:29:12 delayed message ignore 16:31:17 just put all matrix dot org accounts on ignore ( ͡° ͜ʖ ͡°) 16:35:14 But he will shill scam coins 16:45:03 Piratechain, Dero.... 😂 16:45:19 Almost never talk about XMR but sell his house in XMR, that say it all 16:46:03 List goes on, must have shilled every coin listed on Tradeogre at some point 17:49:11 Hello! I am new. I am searching for support regarding some xmr tx that is faulty. Where is the right place to get support? I was using gui wallet. 17:49:14 Group opinion on Tree.market ? Derrick Broze shilling it. It's got XMR on there, and uses Dero I believe. he's doing a big capital raise. I won't bias with my opinion 17:55:00 phobus try #monero-gui:monero.social or #monero-support:monero.social 18:45:35 He does mention Monero, a lot actually. 18:46:04 But yeah, Crypto Vigilante is pure pump and dump. 19:14:28 I am interested in learning how to run a Linux node using CLI.... already downloaded and installed, but I am not familiar with the commands and how to make things work... any good place to discuss or learn about that? 19:14:44 I am interested in learning how to run a Linux Monero node using CLI.... already downloaded and installed, but I am not familiar with the commands and how to make things work... any good place to discuss or learn about that? 19:17:45 Seth's guide is great: https://sethforprivacy.com/guides/run-a-monero-node-advanced/ 19:20:39 Thanks - I will review that. I am using Ubuntu on a home server not VPS, but he says the instructions are comparable. 19:21:01 I run this very setup at home on ubuntu 19:32:03 do you need the UFW? or is that just for VPS? 19:32:37 do you need the UFW? or is that just for VPS? 19:34:11 in general its best to limit access as much as possible, so I'd recommend using it (or some alternative firewall tool) 19:36:50 Is there a way to determine the public ip of our node(s)? 19:39:40 <321bob321:monero.social> Ip address 19:40:43 curl ifconfig.co 19:41:09 There is no complete list, but you can "crawl" the network over time and get an (somewhat incomplete) list that way 19:41:40 <321bob321:monero.social> The ip of the vps is the public one 19:42:00 If you want to hide your IP, you can run your node over tor 19:46:28 image.png 19:46:30 Thanks -- I am supposed to be using Tor, though I am not 100% confident in anything I am doing as I am just trying to get my bearings as I get started. 19:46:31 I obtained an IP with the command you suggested, but Seth's guide provides instructions from Digital Ocean, and when I followed their instructions, the connection just times out: 19:46:34 * plowsof thanks people for reporting spam comments on the ccs' gitlab 19:47:27 Do you use the "Droplets" service they suggest? 19:49:21 no, never heard about droplets 19:50:13 <321bob321:monero.social> Isnt a droplet an application? 21:11:59 There is an 8 hour backlog in the mempool/txpool. Am I reading `print_pool_stats` right? A huge number of 150input txs in the mempool. 21:16:18 If you have a linux machine you'd want to run a dedicated Monero node on but want to learn in stages have to heard of PiNodeXMR? 21:16:18 It's supposed to be designed for beginners so it self installs and has a bunch of common default modes pre-set. In your case it's easy to see how those monerod cli command are configured. 21:16:19 The project github is here: https://github.com/shermand100/PiNodeXMR 21:16:20 And runs on most hardware, minipc, laptop, most single board computers (hence the pinode bit of the name - it started on Raspberry Pi but grew). 21:18:03 rucknium you will be happy to know that they are paying the second tier fee :D 21:19:58 Lol. That's actually not good for other users' UX because the auto fee for CLI/GUI will also put those tx in the second tier. They will be put in the queue. If users manually selected the 3rd or 4th tier, they could be confirmed in the next block probably 21:20:16 2 is the new 0 21:21:21 At what fee level do txs pay for the block reward penalty so miners can include their txs by raising block size? I need to figure that out. 21:24:23 since the backlog is the min fee txs the blocks should expand faster 21:24:35 *is not the min fee 21:25:11 *faster than last time when the txs were min fee 21:25:24 If you have a linux machine you'd want to run a dedicated Monero node on, but want to learn in stages, have you heard of PiNodeXMR? 21:25:25 It's supposed to be designed for beginners. It self installs and has a bunch of common default modes pre-set. In your case it's easy to see how those monerod cli command are configured. 21:25:26 The project github is here: https://github.com/shermand100/PiNodeXMR 21:25:27 And runs on most hardware, minipc, laptop, most single board computers (hence the pinode bit of the name - it started on Raspberry Pi but grew). 21:25:29 my excuse is I just woke up from a nap lol 21:25:51