04:38:05 <jonathan_doe> Why does monerod use so much memory? Makes my system lag every time (maybe in part because I seldom run it and it has to do a lot of syncing)
06:25:06 <naphtha[m]> <jonathan_doe> "Why does monerod use so much..." <- does it? or is it disk cache
07:26:19 <ofrnxmr[m]> I honestly have no idea how the flags work (dont seem to work as i think they do)
10:05:29 <jollyboy[m]> inside cake-wallet, LTC to XMR - should you choose 'fixed rate'?
10:05:54 <jollyboy[m]> it doesnt seem to make any difference in the estimate
10:15:14 <bridgerton[m]> <detherminal> hey?
10:15:37 <detherminal[m]> Hey?
11:31:15 <hbs[m]> I was just shown this promoted tweet https://twitter.com/EU_Finance/status/1675438915229036547
11:31:42 <ofrnxmr[m]> Screenshots needed
11:32:33 <DanrdarkIsnotthe> Yeah
11:32:43 <DanrdarkIsnotthe> Elon borked it for us
11:32:58 <DanrdarkIsnotthe> Dickhead
11:33:35 <DanrdarkIsnotthe> Give me doge for a bluetick
11:34:11 * hbs[m] uploaded an image: (183KiB) < https://libera.ems.host/_matrix/media/v3/download/matrix.org/wiWqigiCgdPOXPmKfJEPYMCl/Screenshot_20230704-133330.png >
11:34:22 * hbs[m] uploaded an image: (183KiB) < https://libera.ems.host/_matrix/media/v3/download/matrix.org/ICoFbDDIehWeWKfPkgiRekDv/Screenshot_20230704-133330.png >
11:34:38 <hbs[m]> ofrnxmr[m]: which linked to https://finance.ec.europa.eu/publications/digital-euro-package_en
11:37:54 <DanrdarkIsnotthe> Sweet offline payments
11:39:51 <ofrnxmr[m]> It works with tap to pay + insurance 
11:40:43 <Siren[m]> Btw https://respublicae.eu/@EU_Finance
11:40:58 <spirobel[m]> DanrdarkIsnotthe: if this was a crypto project it would be laughed out of the room. Chinese CBDC supposedly will also have this function. 
11:41:09 <Siren[m]> Siren[m]: New daily source of cringe
11:41:49 <spirobel[m]> spirobel[m]: I assume this requirement comes from the lobbying of the smartcard IC industry. 
11:42:30 <DanrdarkIsnotthe> Comedy account
11:42:51 <ofrnxmr[m]> spirobel[m]: balance is checked before going offline> max limits are set ~100$ > everything is broadcast after
11:43:08 <ofrnxmr[m]> Already works with tap to pay on phones
11:44:26 <ofrnxmr[m]> ofrnxmr[m]: And you have a limited number of spends
11:47:57 <DanrdarkIsnotthe> Anyone here in Europe feel united by euro    
11:49:51 <spirobel[m]> <ofrnxmr[m]> "balance is checked before..." <- maybe they can get it to work with lots of duct tape. In Taiwan they deployed mifare classic cards where the amount was stored on the ic card ( lol) but they counteracted it with lots of double checking on the backend, camera surveillance and not p2p payments only customer to POS terminal
11:49:51 <spirobel[m]> but it is a cluster fucked system
11:51:53 <ofrnxmr[m]> Or, haha, it would imply that the digital euro works like an arcade card 
11:52:23 <ofrnxmr[m]> Where the "credits" are loaded on. The merchant needs internet access, not the spender 
11:52:42 <DanrdarkIsnotthe> Mifare desfire 2
11:53:34 <spirobel[m]> ofrnxmr[m]: yes. that is pretty much it. the smartcard fabless company grift is also big in china. And the requirements are just copied from the Chinese. It will be the same trash
12:28:24 <ofrnxmr[m]> <ofrnxmr[m]> "I honestly have no idea how..." <- ... i forgot to follow up
12:28:24 <ofrnxmr[m]> `block-download-max-size=50000000` 
12:28:24 <ofrnxmr[m]> something like this. I think its bytes.
12:55:52 <comradeblin[m]> <jollyboy[m]> "it doesnt seem to make any..." <- No difference in a few seconds timeframe. fixed: you send an expected amount, and get a locked rate exchange. for the variable, the rate can vary till they have your money.
13:05:38 <suitslie[m]> <DanrdarkIsnotthe> "Anyone here in Europe feel..." <- Europeans are going to be feeling united by suffering
13:06:17 <suitslie[m]> nah, too strong, not for my taste
13:12:22 <ofrnxmr[m]> <comradeblin[m]> "No difference in a few seconds..." <- Actually yes there is
13:12:57 <ofrnxmr[m]> Its just that cake takes a few seconds to update and sometimes doesnt like to go back and forth
13:13:29 <ofrnxmr[m]> To force it to update right away, delete the second field first
13:14:05 <ofrnxmr[m]> There is typically a 0.5% advertised difference between fixed and floating rates
15:01:00 <suitslie[m]> how into monero payment streams?
15:28:43 <ofrnxmr[m]> Hm?
15:55:23 <naphtha[m]> whats the encoding for xmr addresses? base58?
16:00:05 <boog900[m]> its a custom base58
16:00:05 <boog900[m]> https://monerodocs.org/cryptography/base58/
16:08:45 <naphtha[m]> aha
16:08:45 <naphtha[m]> thanks
16:43:52 <suitslie[m]> https://monerodocs.org/cryptography/asymmetric/public-key/
16:43:52 <suitslie[m]> > Public key is deterministically derived from private key based on edwards25519 curve with a little Monero-specific twist.
16:43:52 <suitslie[m]> oh man the docs could be expanded a little, this reads a little NIST like 😆
16:44:14 <suitslie[m]> i do like the note though
16:45:10 <hex[m]> ok this go in on it in the next page
17:51:29 <rbrunner> I turned my 18 Monero short stories into a nice e-book in EPUB format, read more about it here: https://rbrunner7.github.io/book.html
17:56:23 <naphtha[m]> do you have a story about sex with monero chan?
18:37:05 <rbrunner> No. That might be your chance. Turn one into a manga and let your creativity ... flow
18:37:53 <naphtha[m]> ☝️☝️☝️🫡🆙🆙💯💯💯
18:40:23 <naphtha[m]> if monero hits 250 eur and stays that way by january 1 2024 i'm getting a monero face tattoo
18:48:18 <stsh[m]> <naphtha[m]> "whats the encoding for xmr..." <- I'm a moron. Can someone explain why they took out characters '+' and '/' in base58
18:48:18 <stsh[m]> I understand they do not belong in the "alphanumeric" category, but I can't recognize ambiguity potential
18:48:48 <naphtha[m]> probably so they can be embedded in URLs
18:48:55 <naphtha[m]> without having to deal with url encoding
18:50:03 <stsh[m]> that certainly makes sense, I just didn't see it explicitly stated anywhere I looked, thanks
18:54:47 <plowsof11> https://www.reddit.com/r/xmrtrader/comments/mq6gpk/if_xmr_hits_420_during_420_im_getting_an_xmr/ (he ended up getting the tattoo) 
18:55:26 <naphtha[m]> lol yeah i remember that now
18:55:39 <naphtha[m]> im gonna get a monero tattoo anyways
18:55:43 <naphtha[m]> just not on my face lmao
18:56:00 <plowsof11> https://www.reddit.com/r/xmrtrader/comments/n4l7g7/seems_like_xmr_hit_420_on_420_im_a_man_of_my_word/
18:56:29 <scragglez[m]> talk about bag holding
18:56:31 <scragglez[m]> lmao
18:57:21 <naphtha[m]> lol
19:56:00 <stsh[m]> <boog900[m]> "its a custom base58" <- Reading encoding standards is a real pleasure, but now I'm dizzily confused; why does this custom variant not have it's own name? base57/59M or something?
19:57:59 <naphtha[m]> stsh[m]: because base64/base32/base58 isn't a "standard"
19:58:13 <naphtha[m]> it just means that there are 64/32/58 possible characters
19:58:23 <naphtha[m]> how you implement the actual encoding is up to you
19:59:32 <naphtha[m]> for example this library https://www.npmjs.com/package/base32-encode has 4 implementations of b32
20:08:54 <naphtha[m]> s/4/3/
20:59:52 <reverseducky> hey is blockchain syncing via monerod going to take up the blockchain size on your drive? Approx 80GB? 
21:01:06 <naphtha[m]> yes
21:01:14 <naphtha[m]> but the blockchain is larger than that
21:01:20 <naphtha[m]>  * yes (unless you prune)
21:03:14 <reverseducky> oh my okay. If I want to us a public node, would I have to use the ./monerod option --p2p bind ip ? I searched quite a lot, most people talk about using their own node rather than a public node 
21:03:38 <reverseducky> or maybe my search engine sucks, I don't know
21:56:30 <naphtha[m]> you don't run monerod with a public node
21:56:35 <naphtha[m]> monerod IS the node
21:56:51 <naphtha[m]> but you can connect wallet-cli or wallet-rpc to a remote node
21:56:59 <naphtha[m]> a daemon running somewhere else