<f​rog_legs:matrix.org> I would if chain analysis is lurking in this chat or other monero related chats

<o​frnxmr:monero.social> Some are members of our community

<o​frnxmr:monero.social> no need to hide

<3​21bob321:monero.social> yeah there is a pokemon evolution stone here somewhere

oh no it’s excited again

😭

<s​yntheticbird:monero.social> Hi

<s​yntheticbird:monero.social> disable avahi service or enable firewall

<s​yntheticbird:monero.social> see you next time for another non-disclosed RCE

<r​ucknium:monero.social> The MAGIC Monero Fund recently got two grant/fundraising applications:

<r​ucknium:monero.social> "Help me To Rebuild My Microgreens Business" MAGICGrants/Monero-Fund #34

<r​ucknium:monero.social> "StakeSpace" MAGICGrants/Monero-Fund #35

<r​ucknium:monero.social> I expect both of these to be rejected due to their scope, but the community is welcome to give feedback :)

<o​frnxmr:monero.social> Stakespace is incredibly hard on the eyes

<o​frnxmr:monero.social> Formatting issue between copy/paste? Or did they really write it like that

<r​ucknium:monero.social> Yeah probably a copy/paste issue. Their budget request is 300,000 USD equivalent

has there ever been a successful proposal for adding monero to defi to somehow make it more... better?

<r​ucknium:monero.social> Depends how you define DeFi. Haveno could be DeFi

<o​frnxmr:monero.social> Haveno is just trading bottlecaps

<o​frnxmr:monero.social> no finance here 👋

<o​frnxmr:monero.social> matrix.monero.social/_matrix/media/…ero.social/KxZfSquTUfBZWeqSCFNIuQfw

im personally not down with the "high APY staking" none sense so its a no from me

<o​frnxmr:monero.social> I real like 1 - 3 lines and gave up

<r​ucknium:monero.social> The microgreens business one is better suited for Kuno. She did engage with Monero topics on X/Twitter.

<r​ucknium:monero.social> Actually if she got an XMR loan for the microgreens business, that would be true DeFi 😎

<r​ucknium:monero.social> DeFi that actually impacts the real economy

<r​eal_glitch:matrix.org> what if she couldn't pay back the loan?

<r​ucknium:monero.social> Not Monero's problem.

<r​ucknium:monero.social> I'm not really serious with this. But the number of ways to overcome information issues in credit markets can fill several book shelves.

<3​21bob321:monero.social> Break fingers

<r​eal_glitch:matrix.org> first of all she is asking for donations not loans if im not wrong

<r​eal_glitch:matrix.org> and there are parts that bothers me like:

<r​eal_glitch:matrix.org> "This will not only support me, but will also help create jobs for others who are struggling in this difficult time"

<r​eal_glitch:matrix.org> we dont really care about the US employment rates, it doesnt concern monero

<r​eal_glitch:matrix.org> and she relocated to the US, how is this going to promote monero in lebanon?

<3​21bob321:monero.social> Jobs and growth

<r​eal_glitch:matrix.org> grow the US economy?

<3​21bob321:monero.social> When isreal invade?

<r​eal_glitch:matrix.org> then why there are no palestinians in the monero?

<r​eal_glitch:matrix.org> they should all switch to it if it works

<3​21bob321:monero.social> Its a hail mary proposal

<r​eal_glitch:matrix.org> i dont know what you're referencing at

<3​21bob321:monero.social> Magic grants proposal

<r​eal_glitch:matrix.org> and about stakespace:

<r​eal_glitch:matrix.org> look at this line:

<r​eal_glitch:matrix.org> "Regulatory Compliance: StakeSpace commits to aligning with regulatory standards, broadening its appeal to a conservative investor base while maintaining Monero's privacy ethos"

<r​eal_glitch:matrix.org> he either doesn't understand how government works or ...

<r​eal_glitch:matrix.org> how are you going to align with regulatory standards? they are banning the use of monero slowly but surly, then you want to start an official trading market with monero? and maintain monero's privacy ethos? im pretty sure you will forced to reveal the amounts(if they let you do it) at the very least + full KYC, so whats the point of using monero?

<r​eal_glitch:matrix.org> and asking 300,000 on top of that

<r​eal_glitch:matrix.org> i dont know how magic grants work but if they have that 300k, and they operate for success of monero, its way better if then can higher a second cryptographer + developer to work on FCMP++ to control the high vulnerability of the project which completely depends on 1 or 2 people atm

<r​ucknium:monero.social> The MAGIC Monero Fund doesn't have 300K USD. There is about 30K USD in our general fund.

<r​ucknium:monero.social> FCMP++ has enough funds for its research and development, according to the CCS proposals that funded it.

<r​eal_glitch:matrix.org> thats not much of a money lol

<r​eal_glitch:matrix.org> its not about funds

<r​ucknium:monero.social> Yeah usually proposals are funded through fundraising from the community

<r​eal_glitch:matrix.org> who decides the allocation of the resources(sorry for noob questions)

<3​21bob321:monero.social> The board

<r​ucknium:monero.social> The elected 5 members of the committee

<r​ucknium:monero.social> monerofund.org/about

<r​eal_glitch:matrix.org> so what does board think about that joan girl and super revolutionary defi proposal

<r​ucknium:monero.social> The board of MAGIC has final approving powers. But they have gone with the committee's recommendations so far.

<r​ucknium:monero.social> In about a week the committee will vote on them. In the last meeting when they were first brought up, most did not like the proposals.

<r​ucknium:monero.social> Actually we discussed not even posting to the GitHub because they are so out of scope, but we decided to do it anyway.

<r​eal_glitch:matrix.org> can committee use the funds for CCS proposals?

<r​ucknium:monero.social> Depends what you mean. The main difference between MAGIC and CCS is that CCS doesn't KYC the recipient of funds, but can only pay in XMR. MAGIC KYCs the recipient (it is a nonprofit org registered in the USA), but it can pay in any major fiat or cryptocurrency.

<r​eal_glitch:matrix.org> i mean do you guys use that to fund the funding_required proposals?

<r​ucknium:monero.social> No we can't do that because the funding_required proposals don't submit KYC information to MAGIC

<r​eal_glitch:matrix.org> thanks for clarifying it

<r​ucknium:monero.social> Another difference is that donors to MAGIC can get a charity tax credit if they have tax liabilities to the USA government. They cannot if they donate to the CCS.

<r​ucknium:monero.social> But some people have gotten funded by both the CCS and MAGIC. The ETH<>XMR atomic swaps development got funded by both. So did vt.nerd. For different parts of the projects.

<r​ucknium:monero.social> Has anyone heard of "Coin Wallet"? They say Monero is a supported coin: coin.space

"Trusted by millions of users, over 24 million wallets created in 27 languages in 190 countries, Coin Wallet is the most popular and secure non-custodial multicurrency wallet." ofcourse we have, why even ask! (i have not personally)

<3​21bob321:monero.social> Lol

<3​21bob321:monero.social> Popular and secure wallet

<r​ucknium:monero.social> I found that suspicious, too

<3​21bob321:monero.social> Thats sounds like military grade encryption

github repo github.com/CoinSpace/CoinSpace

<o​frnxmr:monero.social> Ues

<o​frnxmr:monero.social> They skim fees

<o​frnxmr:monero.social> monero-project/monero-site #2143#issuecomment-1722306067

oh, that "coin wallet", avoid

<r​ucknium:monero.social> plowsof, it looks like you did hear of it, but the name is so generic that you forgot

lol indeed

<r​ucknium:monero.social> If the web wallet version has Monero, does that make it the first production-quality Monero web wallet?

<r​ucknium:monero.social> Except it takes extra fees and makes the transactions semi-fingerprintable

<r​ucknium:monero.social> If the web wallet part is open source, maybe it could be learned from

<r​ucknium:monero.social> monero-project/monero-site #1725#issuecomment-879813093

<r​ucknium:monero.social> > Client code is completely open source. Links to monero part: [...]

<r​ucknium:monero.social> > Backend is partially private like in MyMonero.

<r​ucknium:monero.social> Looks like this was made from scratch: github.com/CoinSpace/monero-core-js

<r​ucknium:monero.social> I say "looks like" because of the license and that the git history shows no forking from another project

<r​ucknium:monero.social> Get spirobel in here

"Module: MyMoneroCoreCpp_WASM.wasm" makes me doubt its from scratch ^^

<r​ucknium:monero.social> 👀

<o​frnxmr:monero.social> No, localmonero and monujo

<o​frnxmr:monero.social> Mymonero too ig

<s​trawberry:monero.social> monujo lol

<r​ucknium:monero.social> Is monujo production-ready yet? I haven't tried it. AFAIK, Monujo was/is supposed to be the connector wallet for BCH<>XMR atomic swaps.

<r​ucknium:monero.social> IMHO bad wallet name though. Even search engines think you are asking for Monerujo.

<r​ucknium:monero.social> And shares the same name with a project that hasn't had a commit in 8 years: github.com/monujo-io/monujo-ios

the 2nd worst name for a wallet then (1st being "coin wallet")

<r​ucknium:monero.social> mainnet-pat is busy working on a `monero-ts` fork: github.com/mainnet-pat?tab=repositories

🚀