We seem to have lost Mochi.

I remember when bitcoin first started taking off and the silk road was taking it and people were saying it was untraceable and then a month later people were like "whoah whoah btc is super traceable". Is that going to happen with monero?

dCLCp: No

It seems like in every way monero is the better coin then? Except for like sunk cost fallacy idk why ppl still buy btc

dCLCp: unlike bitcoin, there is no way to see the senders address, the recipients address, or the amount sent. there are some heuristics that might make it possible in some scenarios to graph a flow of transactions, but it is probabalistic and rewuires collection of outside metadata to be useful

Will quantum computing change that?

yes, if ypu get good enough quantum computers, most current cryptography is SOL

Hmm i wonder if there are any crypto that are quantum resistant AND similar to monero

Because there are qusntum resistance technologies

dCLCp: btc has first mover advantage, larger network effwct, easier for laypeople to be confident that the supply is known, and also A LOT of peeps in the BTC camp are fine with the transparent nature, as it helps with regulation and acceptance. Also some prefer fixed supply (monero has a tail emission of about 158k coins per year - around 0.85% inflation for the first year of tsil emission, falling every

year)

I suppose btc is still fine as an onramp into crypto. I don't hold it any grudge. I do see now why it is still so large.

dCLCp: there has been done research into how quantum computing can affect Monero, as well as mitigation steps. didnt find the details right now, but see e.g. ccs.getmonero.org/proposals/research-post-quantum-monero.html

"Monero is what bitcoin noobs thought they bought"

^

hello

i was sure kraken would take XMR to trade for something else

seems like all the trade options require KYC

TLDR being i have some monero, but the place i want to spend it doesn't take monero

much as i dislike binance for some reasons, they seem to let me deposit crypto without asking me to verify

would it even be a KYC if it didn't require ID verification?

seems kraken needs KYC just to deposit any funds

like binance doesn't but their BTC xfer fee is nuts

usually i go from my KYC'ed exchange, to binance buy some monero

but now i'm kinda looking for somewhere else to transfer to so i can use a currency that isn't monero (because the place i am trying to spend at doesn't take monero)

maybe i'll try coinbase

i wish everyone took monero, its got small fees and private

and fairly stable lol

for paying invoices try FixedFloat.com IMO -- 1% flat rate fee (you are guaranteed a specific amount of BTC) or 0.5% floating rate free

also supports LN network and tor

TradeOgre also has a pretty reasonable withdrawal fee of 0.00005 btc. places like kucoin and such tend to have crazy withdraw fees. like they're trying to encourage you not to withdraw :/

well fuck coinbase

wants a phone number for "security"

because nobody has ever heard of TOTP or yubikeys obviously

you also can't deposit your XMR to coinbase heh

i wasn't going to, i was going to convert it to something else like USDT or something cheap

transfer it off binance, then transfer it to my local BTC wallet

ugh

because the place i want to buy at only takes BTC, ETH, DOGE, USDC, LTC, DAI, and BCH

which sucks

kraken isn't an option as they seem to insist on KYC to even just give me a damn wallet lol

tradeogre has been mentioned above, you can exchange xmr to btc there

yeah might try that

i hadn't tried kucoin yet

<ocb> "tradeogre has been mentioned..." <- old.reddit.com/r/Bitcoin/comments/grmvlr/tradeogre_has_gone_rogue do we know anything about this

or is it fud

no replies so

and a year ago

for every exchange one looks up there are good and bad reviews. i've used tradeogre about 9 months ago with a small amount ~70$ at that time and had no issues. do your own reasearch and be carful.

figured as much

TradeOgre always SEEMS shady, but once I had to contact their tech support.... which is on twitter lmao, but they were super responsive and helpful. never had any issue with them.

just read that thread lmao accusing TO of stealing 7 dollars

probably worth like $50 now, TradeOgre admins can retire

<LyzaL> "just read that thread lmao..." <- it did make me laugh

netsplits in 2021

state of the art irc daemon

shoulda used matrix

ty for the CLI hint dEBRUYNE - works like a charm :)

hello - playing with monero for the first time - what is a working stagenet server and faucet? Most of the threads on reddit point me to xmr.to, which seems dead. The documentation on monerodocs.org talks about monero-stagenet.exan.tech port 38081 which seems also dead, the github docs for the rpc monero wallet talks about

pool.cloudissh.com:38081... which is also unreachable?

well, ok with monero-stagenet.exan.tech I'm getting SSL handshake failed, connection dropped: wrong version number

with verbose logging enabled.

stagenet is the blockchain for debugging, afaik

Try without any special nodes and wait, your daemon should eventually find something.

As for faucet, just mine, the hash rate is probably very low.

uhm .. so, run my own stagenet monerod? no working public server for staging? (I'm on a puny laptop right now)

it will work fine on your puny laptop, especially if it has an SSD

I just started it, it's syncing, probably have 4-8 hours of download left...

tasse: np :)

GUI should work properly as well in the next release

Guest62: Does it really have to be Stagenet? Testnet is currently running on the same Monero release, and should have more faucets available, e.g. my own monerotech.info/Wallet

thx

another question: for a merchant, would you use always the same address, or generate a sub address per transaction? pros and cons?

Subaddresses are relatively cheap. They allow you to determine when a particular invoice is paid.

It kinda depends on your own flow/db, though.

thanks. To be frank, the 64 bit payment ID is sufficient for the DB structure. But then... is the ID signed? Can I trust it to not be altered by the customer? Is re-using the same address over and over ok? ...

The customer can alter it.

You can reuse the same, the payment id gets encryped on the chain so observers cannot tell when one is reused.