<k​jeks:matrix.org> gingeropolous: which ai bot do you use for coding?

im trying out gemini

<g​uest13542367:matrix.org> Hello brothers. I am currently writing for a person why bitcoin is a shitcoin, why its controlled, and I wanted to ask for a few good resources and if i forgot anything, it has been quite the time since i was active in this area.

<g​uest13542367:matrix.org> I started explaining blockchian and crypto, and then went about how bitcoin is public and because of chain analysis companies like ciphertrace and chianalysis, and lack Opsec when acquiring that you can be backtraced easily, that its not fungible because of tainted coins and wallets, and talked about 2 pools already making over 51% of the network, and the asic miner problem. What <clipped message>

<g​uest13542367:matrix.org> else was there? anybody want to contribute nice links that explain it further that i could include?

<k​jeks:matrix.org> There are so many arguments to win this one... You can also cite the minimum about of sats to not become dust that every year gets bigger :D

<k​jeks:matrix.org> The moment you talk about unspendable utxos and utxo consolidation and all that shit, its the best face reaction possible, because they think youre talking in greek

<g​uest13542367:matrix.org> I dont know what utxo consolidation is hehe D: and what do you mean min. sats to not become dust?

<g​uest13542367:matrix.org> >min. about of sats

<g​uest13542367:matrix.org> do you mean the amount of bitcoins until it reached the edge?

<k​jeks:matrix.org> UTXO is the way bitcoin deals with the double spending problem. Its like the 'change' you get when you buy something. Your wallet balance actually is the sum of many 'unspent changes' you get from each block your transaction was made. When your transaction requires many 'changes' as input, the transaction fee increases. So this 'dust' thing is when the transaction fee is more expe<clipped message>

<k​jeks:matrix.org> nsive than the value you have on that UTXO

<k​jeks:matrix.org> To avoid this you need to consolidate the utxos, usually at times when transaction fees are cheap. (that will get harder everyday)

<g​uest13542367:matrix.org> damn. First time i hear about that, probably because i mostly focused on xmr

<g​uest13542367:matrix.org> thank u

<b​itcoiniswater:bitcoinist.org> guest13542367: Stop lying. And you wonder why ""trolls"" need to constantly be in this chat? Bitcoin misinformation is being spread everywhere in this criminal community

<b​itcoiniswater:bitcoinist.org> I can answer all your Bitcoin queries innocently. Message me privately though as you can not speak about any coin here except Moneroscam

<b​itcoiniswater:bitcoinist.org> I can answer all your Bitcoin queries honestly. Message me privately though as you can not speak about any coin here except Moneroscam

<g​uest13542367:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/FQOlQcWtbNkRNuYHdZVftLtC

<g​uest13542367:matrix.org> :)

<b​itcoiniswater:bitcoinist.org> I am not a glowie. Monero is a glowie coin. Bitcoin is pure, transparent, fair and everything cryptocurrency was meant to be - envisioned by the genius of Satoshi

<g​uest13542367:matrix.org> rly cant tell if this is a joke or not.

<b​itcoiniswater:bitcoinist.org> Ask any question about Bitcoin or Monero and I can answer

<g​uest13542367:matrix.org> okay. How is bitcoin decentralized when 2 pools alone make up more than 51% of the network, and f2pool for example having already censored transactions based on OFAC sanctioned adresses?

<g​uest13542367:matrix.org> 🙃

<b​itcoiniswater:bitcoinist.org> False. f2pool only rules 8% of the hashrate and you can switch pools to avoid malicious actors. 2 pools do not take up more than 51%. Stop spreading misinformation. The highest is BTC.com with 26% and this is a pool with decentralized miners. They do not own the ASIC miners mining.

<b​itcoiniswater:bitcoinist.org> Monero is worse than Bitcoin for mining and everyone here can agree with me. miningpoolstats.stream/monero biggest pool is 40%!!!!!! of hashrate. Worse than BTC by almost 2x. This is because Monero is mined mainly by criminal mining operations from botnets. One person controls these botnets and they use single pools because the Monero network takes one week to sync chain a<clipped message>

<b​itcoiniswater:bitcoinist.org> nd the criminals need to mine quickly from their victims

<n​obfg9000:matrix.org> guest13532367: monero.how/why-monero-vs-bitcoin is a pretty levelheaded argument

satoshi wrote about using ring signatures shortly before he disappeared

he understood that btc was not complete

<n​obfg9000:matrix.org> try not to come on too strong

<n​obfg9000:matrix.org> bitcoin was ahead of its time, but it remains flawed

<n​obfg9000:matrix.org> It mostly fails due to satoshi's absence. they lack leadership

<b​itcoiniswater:bitcoinist.org> No we work slowly and safely unlike Monero which is now rushing. Lots of development ideas are discussed but they will be implemented eventually when needed. Proof is taproot, coinjoin, lightning, etc. Bitcoin innovates when it's necessary

<n​obfg9000:matrix.org> You have to move fast and break things. That's what satoshi did

<g​uest13542367:matrix.org> blockchain.com/explorer/charts/pools f2pool only 8? and the highest is foundry USA with 28

confidential txs were invented by btc but never implemented

monero used them

<b​itcoiniswater:bitcoinist.org> Even if that's true Monero has one pool with 40%. What the fuck are you on?

<n​obfg9000:matrix.org> bitcoiners these days will avoid hard forks at all cost. it's ridiculous. there is a massive campaign just to get OP_CAT enabled

satoshi wanted to use ring signatures but btc never used them

<n​obfg9000:matrix.org> How about this: one company, antminer, produces the vast majority of bitcoin ASICs

<k​jeks:matrix.org> Bitcoin was a proof of concept. People need to stop putting satoshi nakamoto on a pedestal, as if it was like a divine and enlighted person. He is just a fictional character made up to be an scapegoat

<b​itcoiniswater:bitcoinist.org> How about this: Monero uses CPU mining from two manufactures: AMD and Intel

<n​obfg9000:matrix.org> if they backdoor their hardware or keep it to themselves they can take over the nextwork

<b​itcoiniswater:bitcoinist.org> If AMD or Intel backdoors (already have backdoor) they can take over the network

but why am I answering someone who doesn't want to discuss in good faith

<n​obfg9000:matrix.org> CPU manufacturers cannot be so choosy. Also there is ARM, RISCV, PPC64 and other architectures.

<n​obfg9000:matrix.org> if AMD and Intel abuse backdoors it will set the world on fire

<b​itcoiniswater:bitcoinist.org> And you don't have to mine with ASIC. Bitcoin can be mined with GPU. People can mine Bitcoin

<n​obfg9000:matrix.org> >Bitcoin can be mined with GPU

<n​obfg9000:matrix.org> hardly

<b​itcoiniswater:bitcoinist.org> And Monero is any better?

<n​obfg9000:matrix.org> it can also be mined with CPU!

<b​itcoiniswater:bitcoinist.org> Botnets taken all the hashrate so you always lose money

<n​obfg9000:matrix.org> Good

<b​itcoiniswater:bitcoinist.org> Not good because if botnet operator goes bad goodbye Monero network

<n​obfg9000:matrix.org> mining should be unprofitable, it prevents miners from becoming too powerful of an entity

satoshi based everything on selfish mining, botnets are selfish \o/

<b​itcoiniswater:bitcoinist.org> No one uses p2pool. Why? Monero mining is all criminal

<n​obfg9000:matrix.org> in the current status quo, miners have all the power in bitcoin. it is a source of centralization because governments can mandate that miners only include approved transactions

<n​obfg9000:matrix.org> it is an arm of soft power

<n​obfg9000:matrix.org> that is easily abused

satoshi's greatest contribution was selfish mining

<b​itcoiniswater:bitcoinist.org> Monero is centralized. You have a Monero fund that is centralized and the repo is controlled by 2 people

<n​obfg9000:matrix.org> which is why bitcoiners want to use them to support their own softforks like drivchain (bip300/301)

<b​itcoiniswater:bitcoinist.org> Cake Wallet has a backdoor that logs your information

<n​obfg9000:matrix.org> why did adam back secretly meet with chinese bitcoin miners around the time of the XT fork?

<k​jeks:matrix.org> Lol, I used to mine in 2009-2010 with dual hd4870 on crossfire and even back then it was sooo hard to mine with a gpu. This was pre-asic era. Now its virtually impossible

<n​obfg9000:matrix.org> Yeah, you used to

<n​obfg9000:matrix.org> there was a time when people used to mine with FPGAs

<n​obfg9000:matrix.org> then ASICs

<n​obfg9000:matrix.org> satoshi even asked miners not to use GPUs at one point as a "gentleman's agreement"

<n​obfg9000:matrix.org> so coins would be distributed better

<b​itcoiniswater:bitcoinist.org> Fluffy stole all the emission

<b​itcoiniswater:bitcoinist.org> In the early days of Monero

<b​itcoiniswater:bitcoinist.org> He mined all the coins and dumps them

no that was Dave

<n​obfg9000:matrix.org> there is tail emission now

<b​itcoiniswater:bitcoinist.org> Bitcoin will always win because of network effects. If Monero is ever a threat or is near overtaking Bitcoin, we can just fork and copy what Monero has. Bitcoin will always be #1

myspace \o/

<n​obfg9000:matrix.org> Bitcoin cannot function due to network effects

<b​itcoiniswater:bitcoinist.org> That's what you don't get being a midwit. Bitcoin can absorb any coins that threaten it

<n​obfg9000:matrix.org> it literally cannot even compete with paypal

Cat says that it's time for bed

<n​obfg9000:matrix.org> because of the block size

have a good night/day

<b​itcoiniswater:bitcoinist.org> Lightning

<b​itcoiniswater:bitcoinist.org> Lightning is cheaper and faster than Monero

don't waste too much time on the troll :D

<n​obfg9000:matrix.org> it doesn't work like that

<n​obfg9000:matrix.org> you still need to be able to close and open channels

<b​itcoiniswater:bitcoinist.org> Main net only has $0.90 fees right now. Moving $10 billion only costs $1

<n​obfg9000:matrix.org> that takes L1 bandwidth

<b​itcoiniswater:bitcoinist.org> Main net only has $0.90 - $1.00 fees right now. Moving $10 billion only costs $1

<g​uest13542367:matrix.org> can you also discuss without insulting? calling people midwit just makes you look like a midwit.

<b​itcoiniswater:bitcoinist.org> Try moving $10 billion on paypal

<n​obfg9000:matrix.org> what happens if you can't pay the fees you close your channel, and everyone is trying to close their channel at once?

<n​obfg9000:matrix.org> double spending

<b​itcoiniswater:bitcoinist.org> I only come here when someone is spreading lies about Bitcoin and guest13542367 is a liar. My tone is justified

<n​obfg9000:matrix.org> Try moving $1 on bitcoin

<n​obfg9000:matrix.org> lmao

<g​uest13542367:matrix.org> imagine calling people with different opinions, lack of information or not, a liar is just retarded. U are the real troll

he is here to affect emotions so why wouldn't he call people midwits or whatever lol

<b​itcoiniswater:bitcoinist.org> Criminal

<n​obfg9000:matrix.org> truthcoin.info/blog/ln-blackpill

<g​uest13542367:matrix.org> haha

<n​obfg9000:matrix.org> truthcoin.info/blog/lightning-limitations

imma coming Cat

<n​obfg9000:matrix.org> this is from paul sztorc, who is a bitcoiner BTW

<b​itcoiniswater:bitcoinist.org> Yes lightning has limitations but Monero has more

<n​obfg9000:matrix.org> it is literally impossible for LN to scale on bitcoin

<n​obfg9000:matrix.org> also literally any cryptocurrency can implement payment channels

<b​itcoiniswater:bitcoinist.org> Monero has 0 scaling. The recent attack proved it. Your scaling solutions failed

<n​obfg9000:matrix.org> well almost any cryptocurrency

<n​obfg9000:matrix.org> Yeah monero scaling is currently bad I think

<b​itcoiniswater:bitcoinist.org> Bitcoin is better than Monero. That is all I'm arguing not that Bitcoin is better than every payment service

<n​obfg9000:matrix.org> it should strive to be better than most payment services

<j​effro256:monero.social> chowbungaman: DMs between monero.social and matrix.org servers aren't working...

<n​obfg9000:matrix.org> network effects

<k​jeks:matrix.org> Recent 'attacks' didn't change a thing. Unlike ordinals that ramped up transaction fees up to 76 million sats/vb LOL

<n​obfg9000:matrix.org> mordinals tho

<b​itcoiniswater:bitcoinist.org> Look at the price

<j​effro256:monero.social> How did it fail? It's chugging along fine still?

<n​obfg9000:matrix.org> One design decision of monero I like is the lack of scripting

<b​itcoiniswater:bitcoinist.org> Monero users are losing confidence. This is much worse than higher fees on Bitcoin. Developers are leaving Monero and the price is dying

<n​obfg9000:matrix.org> there should not be a way to use the blockchain to store arbitrary data

<r​alphiki:matrix.org> price drop is also hugely due to binance delist & leglistalure yes?

<k​jeks:matrix.org> Thats over fifty thousand dollars to approve a transaction m8

<r​alphiki:matrix.org> which could impact any coin the same way we just got binked for obvious reasons

<b​itcoiniswater:bitcoinist.org> tx_extra on Monero? Monero had the same problem with mordinals

<n​obfg9000:matrix.org> True

<n​obfg9000:matrix.org> the real problem is not tx_extra

<r​alphiki:matrix.org> doesnt make it worse in that regard its kinda just like circumstances

<n​obfg9000:matrix.org> if you remember that whole drama

<n​obfg9000:matrix.org> but I suppose this will be fixed with FCMPs?

<b​itcoiniswater:bitcoinist.org> No the price dropped because Monero is not secure

<r​alphiki:matrix.org> elaborate?

<b​itcoiniswater:bitcoinist.org> FCMP implemented by 1 developer kayba. All the other developers left

<n​obfg9000:matrix.org> I am studying cryptography now

<n​obfg9000:matrix.org> maybe I will be a dev one day

<n​obfg9000:matrix.org> people come and go

<b​itcoiniswater:bitcoinist.org> Read the Monero research meetings

<r​alphiki:matrix.org> link me smtn if u feel so inclined

<b​itcoiniswater:bitcoinist.org> Monero is not secure right now and for it to be secure it will either have to rush the implementation of shoddy crypto by kayba in a few months or you have to wait 5 years

<b​itcoiniswater:bitcoinist.org> Monero is still vulnerable to the black marble attack that happened. The attacker stopped but that doesn't mean it's safe

<b​itcoiniswater:bitcoinist.org> Where and how?

<n​obfg9000:matrix.org> library genesis and google scholar

<b​itcoiniswater:bitcoinist.org> If you are smart enough you should come work on Bitcoin instead

<k​jeks:matrix.org> Funny that such 'attacker' didn't prove anything to this so claimed vulnerability. Truth is monero took it like a champ

<n​obfg9000:matrix.org> why would I work on bitcoin if I can't get any of my changes merged upstream

<n​obfg9000:matrix.org> idk blackball attack is unknowable

<3​21bob321:monero.social> No shit talking allowed. #monero-offtopic

<n​obfg9000:matrix.org> or what was it called? black marble?

<k​jeks:matrix.org> Show me one single wallet that was cracked

<n​obfg9000:matrix.org> but it is good to be suspicious

<n​obfg9000:matrix.org> kjeks, I shouldn't need to

<b​itcoiniswater:bitcoinist.org> The attack reduced privacy so much that the effective ring signature size went from 16 to 5

<n​obfg9000:matrix.org> the privacy is probabalistic by nature

<k​jeks:matrix.org> Show me one wallet that was compromised by that

<b​itcoiniswater:bitcoinist.org> This only cost $10,000 buddy. It was nothing, probably fiatjaf from the Bitcoin community. If chainanalysis or a government attacked with more money Monero can be taken down for years

<k​jeks:matrix.org> You don't think they are trying? LOL Look at the delistings

<n​obfg9000:matrix.org> crypto is crypto

<b​itcoiniswater:bitcoinist.org> Good. Now people can buy a real coin instead of Monero

<n​obfg9000:matrix.org> it is hard to delist monero because you still have crypto-to-crypto exchanges

<t​rasherdk:monero.social> The daily troll is back, getting feed plenty. Innocent neutrons getting scarified for no good reason.

<n​obfg9000:matrix.org> but I guess not having direct dollar-to-monero exchanges is a fee/UX issue

<k​jeks:matrix.org> Man if you think banks (government puppets) are on your side, either you're a bankster or politician or you are dumb

<b​itcoiniswater:bitcoinist.org> guest13542367: Started this by spreading lies about Bitcoin

<n​obfg9000:matrix.org> i like to feed the trolls

<n​obfg9000:matrix.org> and I think you mean electrons

<k​jeks:matrix.org> Maybe hes not a troll, just trying to win an argument, but first he needs to learn to listen.

<n​obfg9000:matrix.org> unless you're running your computer off of a nuclear reactor

<k​jeks:matrix.org> Cant just act like a pidgeon messing the whole game

<b​itcoiniswater:bitcoinist.org> I am not a troll. I always come here to argue that's it. No trolling

<n​obfg9000:matrix.org> I don't think he's a troll

<n​obfg9000:matrix.org> maybe more of a gnoll or a kobold

<k​jeks:matrix.org> So mate you need to start questioning your own arguments, because many of them are flawed. We just showed you that many times, just scroll up

<n​obfg9000:matrix.org> BTCobold

<n​obfg9000:matrix.org> that is a good IRC name

<k​jeks:matrix.org> I need to sleep now, have fun guys

<t​rasherdk:monero.social> It's the same fool who got kicked yesterday, and a couple of times before under different pseudonyms.

<b​itcoiniswater:bitcoinist.org> I disproved all your arguments. No one from here mentioned mining again after I said Monero has 1 pool controlling 40% of hashrate

<n​obfg9000:matrix.org> idc really

<b​itcoiniswater:bitcoinist.org> I even provided evidence

<b​itcoiniswater:bitcoinist.org> Unlike guest13542367 who is a liar

<n​obfg9000:matrix.org> if there is a 51% attack I will spin up my PCs

<b​itcoiniswater:bitcoinist.org> Trasher go cry on Twitter with that other developer who is a fraud and liar and got banned

<b​itcoiniswater:bitcoinist.org> This chat so dead without discussion or arguments

<n​obfg9000:matrix.org> why doesnt bitcoin have p2pool anymore

<n​obfg9000:matrix.org> p2pool is cool

<n​obfg9000:matrix.org> bitcoiner, don't you want to mine on your home computer again? doesn't that sound more fun? like the good old days of crypto?

<b​itcoiniswater:bitcoinist.org> I don't care. Mining happens with the price of Bitcoin. Price also protects the network. Price earns me money unlike mining

<n​obfg9000:matrix.org> are you an ATC guy or like more of a swing trade kind of guy

<b​itcoiniswater:bitcoinist.org> DCA

<n​obfg9000:matrix.org> sorry not ATC

<n​obfg9000:matrix.org> I mean DCA

<n​obfg9000:matrix.org> yeah that

<n​obfg9000:matrix.org> Yeah I am more of a swing trader I don't really buy into all that

<n​obfg9000:matrix.org> I have some BTC buyorders around 10-20k

<b​itcoiniswater:bitcoinist.org> Not happening

<n​obfg9000:matrix.org> so if those end up going through I might use bitcoin

<b​itcoiniswater:bitcoinist.org> BTC is now protected by Blockrock and other ETF companies

<n​obfg9000:matrix.org> blackrock?

<b​itcoiniswater:bitcoinist.org> BTC is now protected by Blackrock and other ETF companies

<n​obfg9000:matrix.org> yeah IDK I think the whole stock-to-flow thing is a bunch of crap

<n​obfg9000:matrix.org> oh you know what is a good movie? Hypernormalization. You might like that one

<n​obfg9000:matrix.org> watch it when you get the chance, it talks a bit about blackrock and their software

<n​obfg9000:matrix.org> what is it called?

<b​itcoiniswater:bitcoinist.org> Aladdin

<n​obfg9000:matrix.org> Yeah

<n​obfg9000:matrix.org> youtube.com/watch?v=YF3e2Jhse4Q

<n​obfg9000:matrix.org> crazy stuff

<b​itcoiniswater:bitcoinist.org> I already know about this

<b​itcoiniswater:bitcoinist.org> Bitcoin will win

<n​obfg9000:matrix.org> i dunno

<n​obfg9000:matrix.org> I just think the main problem is the block size

<b​itcoiniswater:bitcoinist.org> Monero will never win. Even if it becomes better than Bitcoin do you really think governments around the world will let it happen? Compliance is the only answer

<n​obfg9000:matrix.org> its too small even with L2

<n​obfg9000:matrix.org> I am not sure what happens if monero keeps upgrading and improving and gaining market share

<b​itcoiniswater:bitcoinist.org> All the developers from Moneor are public

<n​obfg9000:matrix.org> it might continue to exist as a form of cash essentially

<b​itcoiniswater:bitcoinist.org> What happened to Assange, Snowden, etc.? You think Monero developers are immune to this?

<b​itcoiniswater:bitcoinist.org> All the developers from Monero are public

<n​obfg9000:matrix.org> assange is like a journalist leaking military secrets

<n​obfg9000:matrix.org> and snowden was an IT guy that worked at the NSA and was a whistleblower

<n​obfg9000:matrix.org> not really the same

<b​itcoiniswater:bitcoinist.org> Monero is much much much worse than leaking military secrets. To governments developing Monero is the same as joining a terrorist organization and helping them

<n​obfg9000:matrix.org> people often confuse them

<n​obfg9000:matrix.org> I dont think so

<n​obfg9000:matrix.org> its pretty much just digital cash

<n​obfg9000:matrix.org> its not like cash is illegal or using another currency is illegal

<n​obfg9000:matrix.org> I mean the government sponsored privacy tech like tor

<n​obfg9000:matrix.org> in the form of the naval research lab

<b​itcoiniswater:bitcoinist.org> Tell that to the tornado cash developer. It was just a smart contract

<b​itcoiniswater:bitcoinist.org> Or other developers of whirlpools. It was just a privacy tool for Bitcoin

<n​obfg9000:matrix.org> the government isn't like a single entity, it's multiple entites with conflicting goals

<n​obfg9000:matrix.org> the problem with whirlpool is that it's too easily separable from bitcoin

<n​obfg9000:matrix.org> it's a mixer

<n​obfg9000:matrix.org> it's like it relies on an organizing entity

<n​obfg9000:matrix.org> which is illegal under AML regulation I think

<n​obfg9000:matrix.org> it's like how limewire and kazaa and napster got taken down, but bittorrent is legal

<b​itcoiniswater:bitcoinist.org> Monero is getting decentralized exchanges. These are the same, if not worse than a mixer

<n​obfg9000:matrix.org> there is no one "entity" to take down

<b​itcoiniswater:bitcoinist.org> Even if there is no one to take down Monero will be hard to obtain. It will either fade into obscurity or be forcibly banned everywhere. That is the conclusion

<r​alphiki:matrix.org> this is so unlikely unless they actually take out every miner tho

<b​itcoiniswater:bitcoinist.org> Monero is Sisyphus

<r​alphiki:matrix.org> p2p swaps can't really be taken down

<r​alphiki:matrix.org> and anyone could spin up an aggregator for that just like localmonero

<b​itcoiniswater:bitcoinist.org> You should read the logs earlier from this chat

<r​alphiki:matrix.org> it would be cat & mouse just like dark web markets if they ever tried to crack down

<b​itcoiniswater:bitcoinist.org> Someone saying that all public blockchains will be KYC and they linked Ethereum dapps that required KYC. If all public crypto needs KYC, it will be impossible to do crypto 2 crypto swap with Monero. Ban cash and there is no on ramps for Monero

<n​obfg9000:matrix.org> I think it will be cool if monero gets delisted

<r​alphiki:matrix.org> have u used local monero or other p2p swaps before

<b​itcoiniswater:bitcoinist.org> I have used Bisq

<r​alphiki:matrix.org> u can pay with cashapp or wire transfer etc

<r​alphiki:matrix.org> not always on chain

<n​obfg9000:matrix.org> I can become a monero dealer, just walking around like a resident evil 4 merchant

<n​obfg9000:matrix.org> "what are ya buyin'?"

<b​itcoiniswater:bitcoinist.org> This means Monero will be hard to get

<b​itcoiniswater:bitcoinist.org> If you only can rely on p2p

<r​alphiki:matrix.org> not really

<n​obfg9000:matrix.org> not RE4

<n​obfg9000:matrix.org> wait is it RE4

<r​alphiki:matrix.org> as hard as venmoing someone

<r​alphiki:matrix.org> takes abt 2 mins they have automated bots

<n​obfg9000:matrix.org> youtube.com/watch?v=7oXx0qwe0wc

<r​alphiki:matrix.org> dont even need an account for some vendors

<b​itcoiniswater:bitcoinist.org> Never happening. Just like decentralized private solutions of chat apps like Matrix trying to replace Discord/Slack. Just like social media apps like Mastodon that attempted to replace the network effects of Twitter. All of it fails

<n​obfg9000:matrix.org> what do you mean its never happening

<n​obfg9000:matrix.org> if it gets delisted thats whats gonna happen

<b​itcoiniswater:bitcoinist.org> Yes and Monero fades into obscurity. No layman is going to use Monero. They will use Bitcoin or cash

<r​alphiki:matrix.org> I am not argueing that point. the part that makes it hard to not think ur a troll is that u just sidestep anytime u get backed into a corner

<n​obfg9000:matrix.org> I don't think it will fade into obscurity

<b​itcoiniswater:bitcoinist.org> It already is happening. Look at the marketcap of Monero

<r​alphiki:matrix.org> not any more than it is rn I doubt

<n​obfg9000:matrix.org> it might become more obscure, but it will probably maintain that level of obscurity for a while

<r​alphiki:matrix.org> it isn't really being traded on anyway to any big extent I dont think

<n​obfg9000:matrix.org> I wonder what will happen to zcash if that happens

<n​obfg9000:matrix.org> genuinely curious

<b​itcoiniswater:bitcoinist.org> When you've been in Bitcoin for a long time you understand that these theoretical scenarios fail. Bitcoin was once easily obtainable by P2P like Monero. You could buy Bitcoin with Paypal. When DNMs used to use Bitcoin, there was a non-KYC exchange opening everyday. It was easy to obtain until it was not. Bitcoin faced the same liquidity problems until it became compliant. Monero w<clipped message>

<b​itcoiniswater:bitcoinist.org> ill either fade into obscurity relying on unreliable P2P like Bitcoin did or fail completely

<n​obfg9000:matrix.org> bitcoin didn't need to become compliant

<n​obfg9000:matrix.org> it was already non-fungible

<n​obfg9000:matrix.org> the authorities just figured out how to do basic on-chain analysis

<b​itcoiniswater:bitcoinist.org> It had to become compliant because wealthy people wanted in

<n​obfg9000:matrix.org> and arrested a lot of criminals doing it

<n​obfg9000:matrix.org> in what ways did it become compliant?

<n​obfg9000:matrix.org> the tech didn't change

<b​itcoiniswater:bitcoinist.org> Sorry should've been more specific. The on/off ramps became more compliant

<n​obfg9000:matrix.org> the exchanges are still scammy

<n​obfg9000:matrix.org> for all cryptocurrencies

<n​obfg9000:matrix.org> we are not much better of than the days of mt. gox

<b​itcoiniswater:bitcoinist.org> You don't need an exchange anymore. Blackrock guarantees safety

<n​obfg9000:matrix.org> wasn't there an exchange that went under the other year?

<n​obfg9000:matrix.org> ftx

<b​itcoiniswater:bitcoinist.org> ETF flows are in the billions now for Bitcoin

<n​obfg9000:matrix.org> with the ETF?

<b​itcoiniswater:bitcoinist.org> 401ks will be invested into Bitcoin

<n​obfg9000:matrix.org> yeah but you don't get actual access to bitcoin

<n​obfg9000:matrix.org> that's like robinhood

<b​itcoiniswater:bitcoinist.org> Doesn't matter

<n​obfg9000:matrix.org> I think it does

<n​obfg9000:matrix.org> I want secure digital cash

<n​obfg9000:matrix.org> thats why i use crypto in the first place

<b​itcoiniswater:bitcoinist.org> Digital cash doesn't go down 50%

<b​itcoiniswater:bitcoinist.org> Not even USD is that bad

<n​obfg9000:matrix.org> yeah thats why I swing trade

<n​obfg9000:matrix.org> and use it as cash

<n​obfg9000:matrix.org> it decreases volatility

<n​obfg9000:matrix.org> the reason why the US dollar is so stable is because people exchange it for goods and services

<n​obfg9000:matrix.org> and don't want to constantly adjust the price of their goods/services

<n​obfg9000:matrix.org> the greater the market, the greater this stabilizing effect

<r​alphiki:matrix.org> based

<b​itcoiniswater:bitcoinist.org> You don't understand how basic currencies work. US dollar is stable because it is backed by the biggest military in the world

<b​itcoiniswater:bitcoinist.org> Monero is backed by fluffy fat and developers that leave yearly

<n​obfg9000:matrix.org> well yes, by proxy. because the USA uses its military to enforce a healthy international marketplace where the US dollar can succeed

<n​obfg9000:matrix.org> the marketplace is what allows the dollar to succeed. the military allows the marketplace to exist

<b​itcoiniswater:bitcoinist.org> Bitcoin is backed by billions invested into ASIC mining, countries fighting over ASIC and economies like El Salvador that hold to protect the network

<n​obfg9000:matrix.org> cryptocurrency doesn't have to be backed by anything

<n​obfg9000:matrix.org> the dollar isn't backed

<n​obfg9000:matrix.org> secured is not the same thing as "backed"

<b​itcoiniswater:bitcoinist.org> Backed by the biggest military in the world

<b​itcoiniswater:bitcoinist.org> Look the price determines everything. We can sit here and argue but the market, where people put real money on the line is what determines what is best. Bitcoin is #1 for this reason. Monero is declining in marketcap everyday

<r​alphiki:matrix.org> the us dollar is a float point we pull out of our ass its not even linked to the gold reserve anymore

<n​obfg9000:matrix.org> okay I will probably just keep using it

<n​obfg9000:matrix.org> the more bitcoin's price goes up, the more fees go up

<b​itcoiniswater:bitcoinist.org> It doesn't matter because everyone is buying from Blackrock or third parties. Fees are 0 and you can always use lightning. Discussion over. Bitcoin wins

<n​obfg9000:matrix.org> if everyone owns bitcoin through a custodian like an ETF, then what prevents custodians from doing fractional-reserve banking?

<n​obfg9000:matrix.org> I mean, what prevents them from issuing more in bitcoin ETFs than they own?

<b​itcoiniswater:bitcoinist.org> The law

<n​obfg9000:matrix.org> the law did not prevent FTX or Mt. Gox from stealing

<n​obfg9000:matrix.org> isn't the whole point of bitcoin supposed to make it so you don't need to trust an authority to prevent double-spending

<n​obfg9000:matrix.org> I think the reason why people promote DCA is because it creates volatility relative to swing trading

<n​obfg9000:matrix.org> and thus builds hype

<n​obfg9000:matrix.org> bit this is bad, even for bitcoin. Eventually bitcoin will reach like a stable-state price I think

<n​obfg9000:matrix.org> IDK if it can continue to grow forever

<b​itcoiniswater:bitcoinist.org> OK. You got me, I can't troll anymore. I don't even like Bitcoin. The reason why I troll is because I've given up on crypto after seeing all the flaws that happened with Monero. Monero was my last hope but it's at the weakest point it's even been. Devs leaving, new changes taking 5+ years to implement, no LWS, syncing issues, delistings, DEX solutions never coming out. Monero afte<clipped message>

<b​itcoiniswater:bitcoinist.org> r almost a decade has done nothing other than continue being less easier to obtain and more risky to use

<n​obfg9000:matrix.org> lol

<n​obfg9000:matrix.org> chin up bud

<n​obfg9000:matrix.org> I have a poem for you

<k​jeks:matrix.org> No one said it would be an easy fight, mate. Governments and their bankster puppets have way too much power already. They won't let this go.

<n​obfg9000:matrix.org> "If—" by Rudyard Kipling

<n​obfg9000:matrix.org> If you can keep your head when all about you

<n​obfg9000:matrix.org> Are losing theirs and blaming it on you;

<n​obfg9000:matrix.org> If you can trust yourself when all men doubt you,

<n​obfg9000:matrix.org> But make allowance for their doubting too:

<n​obfg9000:matrix.org> If you can wait and not be tired by waiting,

<n​obfg9000:matrix.org> Or being lied about, don't deal in lies,

<n​obfg9000:matrix.org> Or being hated don't give way to hating,

<n​obfg9000:matrix.org> And yet don't look too good, nor talk too wise;

<n​obfg9000:matrix.org> If you can dream—and not make dreams your master;

<n​obfg9000:matrix.org> If you can think—and not make thoughts your aim,

<n​obfg9000:matrix.org> If you can meet with Triumph and Disaster

<n​obfg9000:matrix.org> And treat those two impostors just the same:

<n​obfg9000:matrix.org> If you can bear to hear the truth you've spoken

<n​obfg9000:matrix.org> Twisted by knaves to make a trap for fools,

<n​obfg9000:matrix.org> Or watch the things you gave your life to, broken,

<n​obfg9000:matrix.org> And stoop and build 'em up with worn-out tools;

<n​obfg9000:matrix.org> If you can make one heap of all your winnings

<n​obfg9000:matrix.org> And risk it on one turn of pitch-and-toss,

<n​obfg9000:matrix.org> And lose, and start again at your beginnings

<n​obfg9000:matrix.org> ⁠And never breathe a word about your loss:

<n​obfg9000:matrix.org> If you can force your heart and nerve and sinew

<n​obfg9000:matrix.org> To serve your turn long after they are gone,

<n​obfg9000:matrix.org> And so hold on when there is nothing in you

<n​obfg9000:matrix.org> ⁠Except the Will which says to them: 'Hold on!'

<n​obfg9000:matrix.org> If you can talk with crowds and keep your virtue,

<n​obfg9000:matrix.org> Or walk with Kings—nor lose the common touch,

<n​obfg9000:matrix.org> If neither foes nor loving friends can hurt you,

<n​obfg9000:matrix.org> If all men count with you, but none too much:

<n​obfg9000:matrix.org> If you can fill the unforgiving minute

<n​obfg9000:matrix.org> With sixty seconds' worth of distance run,

<b​itcoiniswater:bitcoinist.org> Bankers are winning. They have taken over the 2 biggest coins Bitcoin and Ethereum

<n​obfg9000:matrix.org> you see, in life bad things will happen

<b​itcoiniswater:bitcoinist.org> How will Monero reist?

<n​obfg9000:matrix.org> we're probably all going to lose a lot of money

<n​obfg9000:matrix.org> some times you lose all your money on a game of coin toss

<k​jeks:matrix.org> The only messages I agreed with you was when you said about bitcoin being compliant. Thats what they want, to exert their power

<n​obfg9000:matrix.org> sometimes you build something and it all comes crashing down

<n​obfg9000:matrix.org> but you gotta just stoop down and build it back up again with worn-out tools

<n​obfg9000:matrix.org> thats what it means to be a man

<n​obfg9000:matrix.org> and thats pretty much what we're gonna do

<n​obfg9000:matrix.org> its a good poem

<k​jeks:matrix.org> And thats why crypto was created, to fight back. FIAT is a tool governments use to make you permanently a slave. If they are pushing bitcoin now is because they can control it.

<n​obfg9000:matrix.org> anyways I have to hit the sack its late

<k​jeks:matrix.org> Anyway, wasnt SHA256 created by NSA? :O

<b​itcoiniswater:bitcoinist.org> Thank you for discussing with me. I like Monero because the community isn't afraid of being attacked constantly. My past trolling was a stress test of sorts

<k​jeks:matrix.org> If this was a bitcoin community you would be being answered with memes

<k​jeks:matrix.org> And "having fun being poor"

<k​jeks:matrix.org> And "have fun being poor"

<k​jeks:matrix.org> If this was a bitcoin community you would be answered with memes

<b​itcoiniswater:bitcoinist.org> I was in the Bitcoin a long time ago and there wouldn't be an answer. I would be banned instantly from their channels while their minions try to persuade unsuspected newcomers into buying their coin. It's a zero-sum game

<b​itcoiniswater:bitcoinist.org> If you try to discuss any coin other than Bitcoin you would be banned from their channels (if on Reddit) or mass downvoted/ridiculed on Twitter

<k​jeks:matrix.org> Thats what happens when you mix ignorance with greed. The worst possible outcomes

<b​itcoiniswater:bitcoinist.org> Bitcoin is a ponzi. It doesn't try to be a currency and it never will become one. Satoshi knew this, Hal Finney did too

<k​jeks:matrix.org> My dad used to work with investments and he told me long ago, that when you hear normies on the street talking avidly about some stocks, you can be sure thats a top sign. Thats exactly bitcoin right now, a lot of people putting their money on things they don't understand

<b​itcoiniswater:bitcoinist.org> image.png

<k​jeks:matrix.org> Yea, before he died he said that was what he wanted... bitcoin backed banks... that no individual would transact bitcoin.. thats the fucking developer of the protocol right there spitting to the world and even then no one cares because the number is going up

<b​itcoiniswater:bitcoinist.org> Here is the final truth about Bitcoin. Hal Finney wanted Bitcoin to become gold and knew banks would eventually take over 14 years ago. Satoshi wanted it to become an investment and left after authorities started looking at it closer from the WikiLeaks incident. He didn't want to get into trouble with the SEC

<b​itcoiniswater:bitcoinist.org> "Bitcoin transactions by private individuals will be as rare "

<k​jeks:matrix.org> HOLY FUCK HIVEMIND

<b​itcoiniswater:bitcoinist.org> Wow

<b​itcoiniswater:bitcoinist.org> That's goes to show that Monero is the final pill. I guess you already know all the pitfalls of every other crypto"currency"

<k​jeks:matrix.org> Monero was what brought me back to mining and crypto after 14 years

<k​jeks:matrix.org> But I don't think mining is the answer... As I said above we need to create apps that can allow people to provide services like p2p and being paid with crypto, especially private and untrackable like monero

<k​jeks:matrix.org> But this will be also hard because big tech is huge nowadays, they are spying everything. They will try to bring down those apps too, so we need people to understand google is evil and start degoogling their phones. People need to stop using microsoft too

<k​jeks:matrix.org> Like you said, sisyphus

<k​jeks:matrix.org> Colossal effort and might not happen on our liftetime.. just like colonizing mars

<k​jeks:matrix.org> But we need to try tho

<b​itcoiniswater:bitcoinist.org> I don't think this will happen. CBDCs will be introduced and people will love using them. Many economies are becoming cashless already and everyone complies. To make Monero appeal to normies it has to be so fucking simple downloading an app and clicking one button should be enough

<g​uest13542367:matrix.org> damn u guys are still talking about it

<g​uest13542367:matrix.org> whatd i miss

<b​itcoiniswater:bitcoinist.org> I like Monero now

<g​uest13542367:matrix.org> what the fuck

<g​uest13542367:matrix.org> Hahahahha

<k​jeks:matrix.org> We just convinced the troll. He is on our side now

<g​uest13542367:matrix.org> hHAahahahha

<g​uest13542367:matrix.org> whaaat

<g​uest13542367:matrix.org> dafuuq

<k​jeks:matrix.org> Another fighter for the cause

<k​jeks:matrix.org> Guerrilla warfare motherfuckers

<b​itcoiniswater:bitcoinist.org> guest13542367: summary

<g​uest13542367:matrix.org> aha, i kenw it! i mean it was obvious but still D: xd

<g​uest13542367:matrix.org> I feel like what was written the last hours here should be safed, kinda funny how this turned out

<k​jeks:matrix.org> Yea, convenience will always win against privacy. We need to make it everytime easier and tougher to fall. Easy examples: gupaxx and cake wallet. They make stuff very simple and user friendly

<b​itcoiniswater:bitcoinist.org> If I had to guess, I think the Monero will enter 3 phases:

<b​itcoiniswater:bitcoinist.org> Phase 1: Crypto-to-crypto mixer

<b​itcoiniswater:bitcoinist.org> - Monero will replace mixers and be used mostly for chain hopping once DEXes like Serai come out. Haveno will be useful for the occasional purchase but not user friendly enough

<b​itcoiniswater:bitcoinist.org> Phase 2: CBDC alternative

<b​itcoiniswater:bitcoinist.org> - Long time after phase 1 Monero will be offered as an alternative to CBDCs. It won't be mainstream, still obscure, but it will offer a way of privacy for those brave enough to use it

<b​itcoiniswater:bitcoinist.org> Phase 3: Competing currency

<b​itcoiniswater:bitcoinist.org> - Hopefully Monero gets to this point. It becomes easy enough to use. Governments realize it's unstoppable. Monero is like any payment processor (ApplePay, etc.) it is offered and used in a circular economy

<b​itcoiniswater:bitcoinist.org> If I had to guess, I think that Monero will enter 3 phases:

<b​itcoiniswater:bitcoinist.org> Phase 1: Crypto-to-crypto mixer

<b​itcoiniswater:bitcoinist.org> - Monero will replace mixers and be used mostly for chain hopping once DEXes like Serai come out. Haveno will be useful for the occasional purchase but not user friendly enough

<b​itcoiniswater:bitcoinist.org> Phase 2: CBDC alternative

<b​itcoiniswater:bitcoinist.org> - Long time after phase 1 Monero will be offered as an alternative to CBDCs. It won't be mainstream, still obscure, but it will offer a way of privacy for those brave enough to use it

<b​itcoiniswater:bitcoinist.org> Phase 3: Competing currency

<b​itcoiniswater:bitcoinist.org> - Hopefully Monero gets to this point. It becomes easy enough to use. Governments realize it's unstoppable. Monero is like any payment processor (ApplePay, etc.) and used in a circular economy

<k​jeks:matrix.org> To get to phase 3 we need to make people spend their moneros. Not create a hoard attitude like bitcoin. I think the first step would be p2p service apps, because commerce will be too hard and mostly for shady stuff

<k​jeks:matrix.org> Like some dude once said, criminals will still need to do their thing without government interfering. No sane criminal will sell drugs with cbdc because they will be tracked. When cash stops circulating they will need crypto, and it wont be bitcoin

<g​uest13542367:matrix.org> I left being active in the crypto space shortly before atomic swaps really came out, what happened with that

<g​uest13542367:matrix.org> xmr atomic swaps *

<g​uest13542367:matrix.org> obv

<b​itcoiniswater:bitcoinist.org> Or we go into an even darker timeline where CBDCs will be cryptocurrency. It was mentioned here before that Ethereum is already being used as testing grounds for a CBDC. I guess this is a positive? That would mean CBDC <-> Monero onramps will be easier

<b​itcoiniswater:bitcoinist.org> There's a live service for atomic swaps called:

<b​itcoiniswater:bitcoinist.org> unstoppableswap.net

<b​itcoiniswater:bitcoinist.org> Basicswap also exists:

<b​itcoiniswater:bitcoinist.org> basicswapdex.com

<b​itcoiniswater:bitcoinist.org> From what I can tell atomicswaps are now live and functional but the liquidity isn't high enough and it relies on P2P. Serai is a better solution as it creates an AMM like Thorchain where massive amounts of XMR can be exchanged (serai.exchange). Haveno offers a similar service except it supports fiat instead of crypto only (haveno.exchange)

<g​uest13542367:matrix.org> ah, thank you. but its nice that p2p atomic swaps are now possible :)

<b​itcoiniswater:bitcoinist.org> Have you seen this?

<b​itcoiniswater:bitcoinist.org> cbdctracker.org

<k​jeks:matrix.org> Hard to tell if that will be good. CBDCs are being created so governments can keep their power through monetary control. They will probably be able to seize or freeze those CBDCs if they suspect its being used to transact privacy coins

<s​tarlord:starlord.zip> Hey folks, new to the game, been reading for a while and finally wanted to ask this question. Got the GUI wallet and noticed the "mining" button and figured what the heck. I'm using 9 of my 12 threads averaging 800 H/s. It's just a gaming laptop and I wasn't doing much with it at the time. Am I out of my league or should I keep blazin' away?

<g​uest13542367:matrix.org> so how are ppl going to transact to private coins then? buy something real with cbdc and exchange that for it? xd

<b​itcoiniswater:bitcoinist.org> True and these CBDCs would be linked to your identity so governments can easily track users who go into Monero and how much they are buying. I think an EAE would be possible

<g​uest13542367:matrix.org> i mean, u should keep blazing for the sake of helping the network, but im just not so sure if this is healthy for ur laptop since its a laptop?

<k​jeks:matrix.org> Scary.. Its moving too fast. They have too much money to implement this quick. Sadly the majority of population isnt aware

<b​itcoiniswater:bitcoinist.org> What CPU do you have?

<b​itcoiniswater:bitcoinist.org> I think you can get a much higher hashrate if you use gupax or xmrig

<s​tarlord:starlord.zip> Yeah, I don't know what those are

<b​itcoiniswater:bitcoinist.org> Yes and blockchain companies are partnering with many central banks to make a CBDC. A CBDC will never be hosted on a centralized database like what banks use currently because of how easy it would be to attack. A CBDC will definitely be using some sort of blockchain infrastructure in the future:

<b​itcoiniswater:bitcoinist.org> cointelegraph.com/news/bank-of-spai…n-selects-partners-for-cbdc-testing

<b​itcoiniswater:bitcoinist.org> These are standalone programs used to mine XMR

<b​itcoiniswater:bitcoinist.org> More effective than the miner in the wallet ap

<s​tarlord:starlord.zip> Sys info says I have an AMD Ryzen 5 4600H with Radeo Graphics

<k​jeks:matrix.org> Hard to tell, but I don't see a brighter future. The world is a mess, david

<s​tarlord:starlord.zip> 8gb RAM

<b​itcoiniswater:bitcoinist.org> matrix.monero.social/_matrix/media/…oinist.org/apnQCOsfgrKXfLSsxvzblWdo

<b​itcoiniswater:bitcoinist.org> You should be getting 3100 hashes according to the average benchmark

<b​itcoiniswater:bitcoinist.org> From xmrig.com/benchmark?vendor=amd

<k​jeks:matrix.org> So probably Hal was right... His invention will be the barebone for CBDCs and absolute orwellian control

<b​itcoiniswater:bitcoinist.org> H/S

<s​tarlord:starlord.zip> It's this OOTB Win 11 gaming laptop my wife bought to try to make me jealous

<b​itcoiniswater:bitcoinist.org> Of course he was right. The brighest minds were working on Bitcoin and they knew that trying to make an actual currency would be an uphill battle. While Satoshi ran away in fear, Hal stayed until his condition took over

<b​itcoiniswater:bitcoinist.org> I recommend using this instead of the miner you're currently using: gupax.io/guide

<b​itcoiniswater:bitcoinist.org> You click one button and it starts mining. It should be more efficient than what you're currently getting

<k​jeks:matrix.org> Maybe they were doing it on purpose. Many of the developers of bitcoin worked for NSA, right?

<b​itcoiniswater:bitcoinist.org> I saw a post on the Monero Reddit for split second before it was deleted. Someone was claiming to be working in a central bank and said that a CBDC would be "private" and based on Ethereum. It mentioned that a CBDC is around 5 years away and this is why I'm worried about FCMP and Seraphis taking this long. A CBDC will be released earlier than Monero can innovate

<b​itcoiniswater:bitcoinist.org> No but NSA released a paper on a hypothetical digital currency in 1996 way before Bitcoin was released. I don't think Satoshi or Hal was working for the NSA. I just think they were passionate cypherpunks but realized how hard it would actually be to implement in real life. One complied, the other ran

<b​itcoiniswater:bitcoinist.org> NSA paper:

<b​itcoiniswater:bitcoinist.org> groups.csail.mit.edu/mac/classes/6.…/articles/money/nsamint/nsamint.htm

<k​jeks:matrix.org> They have infinite amount of money that they leech from us, that makes it easy. But although money can buy many things and many people, IDEAS can be even stronger than that. Especially when you understand FIAT, you stop valuing it that much

<b​itcoiniswater:bitcoinist.org> I know it may be controversial but I don't think fiat inherently is bad. What's bad is if fiat turns into a CBDC and privacy becomes a concern. Cash isn't bad and flawed as you think

<b​itcoiniswater:bitcoinist.org> Monero will only become popular if privacy becomes scarce. If the current in system remains in place forever (that being cash available) I don't think Monero ever needs to take off. Cash gives better privacy

<k​jeks:matrix.org> > Unveiling the 1996 NSA-linked paper

<k​jeks:matrix.org> >

<k​jeks:matrix.org> > The core piece of evidence fueling this theory is the 1996 research paper titled “How to Make a Mint: The Cryptography of Anonymous Electronic Cash.” Notably, this paper was prepared by individuals identified as NSA employees, with contributions from cryptography expert Tatsuaki Okamoto, known for co-inventing the Okamoto–Uchiyama public key cryptosystem in 1998."

<k​jeks:matrix.org> Holy fuck!

<k​jeks:matrix.org> > Unveiling the 1996 NSA-linked paper

<k​jeks:matrix.org> >

<k​jeks:matrix.org> > The core piece of evidence fueling this theory is the 1996 research paper titled “How to Make a Mint: The Cryptography of Anonymous Electronic Cash.” Notably, this paper was prepared by individuals identified as NSA employees, with contributions from cryptography expert Tatsuaki Okamoto, known for co-inventing the Okamoto–Uchiyama public key cryptosystem in 1998."

<k​jeks:matrix.org> Holy fuck!

<k​jeks:matrix.org> TATSUAKI OKAMOTO MAN

<k​jeks:matrix.org> Its like a big joke straight to our faces

<b​itcoiniswater:bitcoinist.org> Coincidences exist. Satoshi likely was inspired by the cryptographer who created the public key scheme

<b​itcoiniswater:bitcoinist.org> I don't think it was the NSA who contributed to Bitcoin as if they did then a backdoor would've been placed to actually catch criminals

<k​jeks:matrix.org> Are you trolling again? I should be sleeping long ago already, I'm too sleepy to recognize now

<b​itcoiniswater:bitcoinist.org> No my trolling is over. I was satisfied with the results I collected. I'm just a modest person who doesn't like to accuse people without thorough evidence

<k​jeks:matrix.org> Thats very considerate of you.

<k​jeks:matrix.org> Anyway, gtg sleep. This machine here doesnt have 99% uptime

<b​itcoiniswater:bitcoinist.org> Once again thank you for the discussion

<b​itcoiniswater:bitcoinist.org> It was helpful

<k​jeks:matrix.org> Was very nice talking to you guys this night

<g​uest13542367:matrix.org> by the way i just reminded myself, what happened to those fake privacy shitcoins being shilled 2 years ago, like piratecoin and some other?

<g​uest13542367:matrix.org> wasnt daschoin one of them

<g​uest13542367:matrix.org> dashcoin

<g​uest13542367:matrix.org> nvm that

<g​uest13542367:matrix.org> oh god reminds me of that whole bytecoin drama

<g​uest13542367:matrix.org> haha

<b​itcoiniswater:bitcoinist.org> All of these privacy shitcoins are nothingburgers. Zcash was shilled yet it failed after mass spam attacks. One of the co-founders of Zcash also tried to implement a backdoor. ARRR is a skid coin. All these coins will never succeed as they use risky crypto solutions without proper auditing that is costly. All of these coins want to make money off you instead of attempting to becom<clipped message>

<b​itcoiniswater:bitcoinist.org> e a private digital cash

<g​uest13542367:matrix.org> YES it was ARRR

<g​uest13542367:matrix.org> thats the one i forgot about

<g​uest13542367:matrix.org> :')

<g​uest13542367:matrix.org> zcash is glowing anyways

<g​uest13542367:matrix.org> oh that is pirate coin

<b​itcoiniswater:bitcoinist.org> When was the last time you were active in crypto?

<g​uest13542367:matrix.org> 1.5 to 2 years ago

<b​itcoiniswater:bitcoinist.org> Not that long ago

<g​uest13542367:matrix.org> ikik

<g​uest13542367:matrix.org> yeah i know bytecoin drama was way longer ago, just reminded me of it

<g​uest13542367:matrix.org> anyways, good night guys

<m​rwonderland:tchncs.de> What CPU is in this laptop?

<m​rwonderland:tchncs.de> RandomX needs 16 KiB of L1 cache, 256 KiB of L2 cache, 2 MiB of L3 cache and 2gb of RAM per mining thread.

<m​rwonderland:tchncs.de> github.com/tevador/RandomX

<m​rwonderland:tchncs.de> What CPU is in this laptop?

<m​rwonderland:tchncs.de> RandomX needs 16 KiB of L1 cache, 256 KiB of L2 cache, 2 MiB of L3 cache and 2gb of RAM per mining thread.

<m​rwonderland:tchncs.de> github.com/tevador/RandomX

<m​rwonderland:tchncs.de> Also are you mining on windows or linux? Have you enabled huge pages?

<b​asses:matrix.org> twitter.com/DBrozeLiveFree/status/1775989506761523234

<b​asses:matrix.org> RavFX: bruh just leaked your method

<b​asses:matrix.org> shum.fyi someone needs to keep this list up-to-date

<k​lausschwab:monero.social> matrix.monero.social/_matrix/media/…ero.social/KmHNXMBpXnbNSrIdCWABbqFU

<k​lausschwab:monero.social> "Just use a bank account bro. monero is for heckin criminals, bro" - americanscream, 2024

<r​avfx:xmr.mx> Yep, as long as it does not get too mainstream or viral..

<p​cre:matrix.org> Thank you Andres Freund.

<k​jeks:matrix.org> They are doing this already, now they are just openly talking about this. they have absolutely no shame

<k​orgprivacy:matrix.org> The Future of Zano and the CryptoNote Protocol w/ Andrey Sabelnikov aka Zoidberg PT1 (MT 306)

<k​orgprivacy:matrix.org> TODAY'S 🎙SHOW: In part one of this two part episode, Douglas Tuman interviews Andrey Sabelnikov (aka Zoidberg) who worked alongside cryptonote inventor Nicolas Van Saberhagen as the lead developer of the first implementation of the Cryptonote protocol and who went on to create Zano —which can most simply be categorized as a privacy coin version of Ethereum.

<k​orgprivacy:matrix.org> Andrey discusses the recent breakthrough enhancements Zano has implemented with its most recent hardfork, Zarcanum. They discuss many new concepts related to Monero and Zano including the concept of confidential assets and private proof-of-stake consensus, and the bold claim that Monero will one day become proof of stake. Andrey even mentions recent conversations with Nicolas Van <clipped message>

<k​orgprivacy:matrix.org> Saberhagen regarding his take on proof of stake and Monero in general.

<k​orgprivacy:matrix.org> Watch Here (YouTube) ➡️ youtu.be/kPgDU3peHa8

<k​orgprivacy:matrix.org> Watch Here (Odysee) ➡️ odysee.com/@MoneroTalk:8/the-future-of-zano-and-the-cryptonote:5

<k​orgprivacy:matrix.org> Listen Here 🎧: monerotalk.live/monerotalk-306

<k​orgprivacy:matrix.org> Coffee & Monero, Go to Gratuitas.org today!

<k​orgprivacy:matrix.org> Monerotopia23 confer vids: monerotopia.com/videos

<k​orgprivacy:matrix.org> FOLLOW US monero.town/u/monerotalk & mastodon.social/@monerotalk

<k​orgprivacy:matrix.org> Thank you to sponsors, u/cakelabs and u/Stealthex_io as well as u/sunchakr for making these interviews possible! And of course our listeners and supporters for making

<k​orgprivacy:matrix.org> Monero Talk possible!

<k​orgprivacy:matrix.org> Podcasts 🎧 :

<k​orgprivacy:matrix.org> iTunes: podcasts.apple.com/us/podcast/monero-talk/id1445930212

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<k​eepitsecret:monero.social> Wasn't aware of this. So a 5950x (32 threads) should be paired with at least 64GB of ram?

<3​21bob321:monero.social> podverse.fm/podcast/KzJuaL22KO

<3​21bob321:monero.social> podcastindex.org

<3​21bob321:monero.social> Rip cant add monerotalk to it

<3​21bob321:monero.social> Nvm matrix chain split

<3​21bob321:monero.social> podcastindex.org/search?q=monero&type=all

<3​21bob321:monero.social> nvm

<m​rwonderland:tchncs.de> Actually I'm not completely sure about the RAM requirements as I read a bit more into it. You can try with less, but it might diminish the hashrate a bit, not completely sure 🤔

<m​rwonderland:tchncs.de> You might want to ask about that in #monero-pools:monero.social

night have missed some messages but for mining you need 2MB of L3 cache per thread so the 5950X has the minimum you need to run all the threads but the system needs some as well so try reducing 1 or 2 threads and see the difference

not much RAM is needed. Just guessing but 2-4 GB for mining plus whatever else you need

<3​21bob321:monero.social> supreme leader nioc, its not appearing on matrix.org

<1​23bob123:matrix.org> libera.monerologs.net/monero/20240405#c359311

<1​23bob123:matrix.org> chain split responses

!ban matrix.org

<n​obfg9000:matrix.org> does anyone have a link to randomx v2?

<n​obfg9000:matrix.org> never heard of this

<k​orgprivacy:matrix.org> Join us TOMORROW morning at 11AM-EST/4PM-CET to listen in on @kayabaNerve's Monero Full Chain Membership Proofs proposal! + News🗞️w/ @tony_huszar & MORE!

<k​orgprivacy:matrix.org> 👀➡️: youtube.com/live/rwA5L1LwSUs?si=twefVc7NSfNM60Rm

<k​orgprivacy:matrix.org> Join ➡️: streamyard.com/u77u64b95w

<k​orgprivacy:matrix.org> 🙏🏽

<k​orgprivacy:matrix.org> 🎢 @cakewallet @monerocom

<k​orgprivacy:matrix.org> 🎢 @LocalMoneroCo