01:01:09 https://decrypt.co/211717/privacy-coins-monero-zcash-horizen-at-risk-of-delisting-by-binance 01:01:15 gonna be a terrible year for crypto 01:03:11 someome ought to start a new nonprofit exchange in the US for advancing the use of cryptocurrency as cash. it seems like kraken is the only enchange that respects founding principles of crypto, most exchanges crumble when they meet any resistance/incentives from gov. 03:27:43 there is no official flatpak version i think 03:29:28 so whats driving moneros price 03:33:26 https://matrix.monero.social/_matrix/media/v1/download/matrix.org/BVXFrAOIEfPhSiYymkHfNSHY 03:34:22 is it that people are shifting to cex ,so the actual price appears to show up on coingecko 06:21:13 someome ought to start a new nonprofit exchange in the US for advancing the use of cryptocurrency as cash. <- I would rather phrase it like "using crypto as cash in DIGITAL world, and csh in physical". 06:21:24 Better promote both. 07:43:35 wann soll ich dich abholen heute? 07:48:31 there is something in elvish 11:10:56 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> May 6th i started synchronization of XMR pruned node, today it's at 98% finally 11:10:58 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> =-= 11:11:48 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> which is bcs of tor but still ughh 11:14:08 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> and those 2% will still take another 8.7h 11:54:09 SSD or HDD? 15:27:18 SD 16:38:05 Aren't you running the blockchain on ramdisk? 16:38:45 Weird fellow. XD 16:42:16 Du you guys remember the zip drive? 16:59:24 https://twitter.com/Tether_to/status/1786094517373813161 16:59:26 >Tether Enhances Compliance Measures with Chainalysis Ecosystem Monitoring Solution. Tether has collaborated with @chainalysis, the blockchain data platform to develop a customizable solution for monitoring secondary market activity. 16:59:31 why they are so cucked to comply for than any coin? 16:59:40 why they are so cucked to comply more than any coin? 16:59:52 https://tether.io/news/tether-enhances-compliance-measures-with-chainalysis-ecosystem-monitoring-solution/ 17:00:38 https://tether.io/news/tether-enhances-compliance-measures-with-chainalysis-ecosystem-monitoring-solution/ 17:04:19 Poor Tether 17:07:05 how heavy is the xmr blockchain nowadays? 17:07:30 Friendly reminder that Tether’s end value is either going to be 1$ or 0$, and that is a coin flip. 17:07:31 There is no reason that Tether should trade at 1$ because there is a non-zero chance that Tether becomes irredeemable for its underlying currency. 17:08:04 Not sure; my pruned sync is also at 98% and has 12 hours left, so… 17:08:31 98% 12 hours left? are you on hdd? 17:09:08 It'll keep on being $1 as long as a dollar is a dollar. It's rotten as is the currency it represents. 17:09:09 as well as any fiat for that matter. 17:11:05 It only makes sense to price Tether at 1$ if 1. You are 100% certain that Tether will be redeemable for 1$ (so no disasters, theft, corruption, govt. intervention, liquidity crunch, world wars, transition away from the USD……) 17:11:07 or 17:11:09 2. You are going to directly redeem Tether for 1$ right after purchasing it 17:11:41 There's something few people talk about, how about a round... I was just reading a comment on dread about how Majestic Bank was behind Haveno and that was a bad thing. First I doubt it is behind Haveno, but also, I've noticed there is a band of shillers out there that try to discredit them every chance they get... 17:12:05 No it’s an ssd (no dram, but still has over 75% storage left) 17:12:05 I think it’s my ISP doing it 17:12:14 I use Majestic often, never had an issue, and am thankful there's anon CEXs out there. That use a tor mirror... more so 17:14:13 You should also be aware that Haveno has been attacked in the past over the political leanings of one of the main devs of the project (the core attackers were neo-nazis afaik) 17:14:13 After they were basically kicked out of the Monero dev space [:)] development has been challenging for Haveno since 17:15:05 That is why many people will disagree with the more conspiratorial views of Haveno 17:15:05 That being said, Haveno’s structure is not without fault, so there is a lot up in the air, especially given recent events 17:16:33 I didn't know that. Yes Monero attracts all kinds of different people that seek privacy, for good and bad. 17:16:41 what was exactly the political leaning of one of the main devs ? 17:17:11 Admittedly the developer in question might’ve taken their views too far, but the backlash that they got definitely wasn’t deserved 17:19:51 lol, no but I was referring to the people that trash and spread fud about majestic. There's definitely someone spreading unnecessary shit and they're a very respectable exchange, been using them for years. 17:20:51 I think we need all the anonymous CEXs we can get our hands on these days. Not a time for greed and tribalism, which unfortunately is rampant 17:20:53 Interested, I’ve never actually heard of majestic before now 17:21:31 i got into them by kycnot.me, they're up there 17:21:34 True; although I do think that DEXs are the best for long-term sustainability of privacy 17:21:58 yes, p2p got a big hit with localmonero shutting down 17:22:44 My hope is that some decentralized protocol will basically become the next PGP, where the government initially tries to throw the book at the creator, but then gives up and eventually embraces it 17:23:46 If we could fix Tor first... 17:27:06 gov will never embrace interference in it's biz. If you can come away from there extortion gov will loose power. If the loose to much power they vanish. Years ago you could see well in Bolivia when gov is toothles and impacts to freedom. 17:27:25 What needs to be fixed on Tor at the moment? 17:30:13 Also I guess I might as well say my long-term goals for Monero since I don’t think I’ve done so: 17:30:15 1. Monero should be, by all definitions, a currency, and should not be, by any definition, a “mixer” or obfuscation layer. Basically, you should be able to be paid in crypto, purchase necessities, pay bills, and (maybe) pay local taxes using XMR. You should seldom, if ever, need to use any other fiat or cryptocurrency for transactions, and should NEVER have to use Monero solel 17:30:17 y for the added privacy. 17:30:19 And somehow even crazier: 17:30:21 2. The network should be able to indefinitely handle up to 1 trillion transactions per day, and is able to do so without requiring centralized mining servers, or excessive bandwidth or storage space. 17:30:23 :) 17:32:24 Political drama? What did they even say? 17:33:55 we will never know because matrix is dealying us 17:45:43 vthor: governance, extensibility, community. Tor is way too closed to external 17:46:24 also they seems to struggle at keeping their infra running more than evaluating state of the art obfuscation 17:46:56 there is some good effort with arti but governance is still very close 18:05:58 1 trillion tx/day is infeasable I think 18:06:29 given current technology 18:06:42 syntheticbird thx for reminding to check the progress of arti again :) 18:07:45 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> Fast SSD! 18:07:50 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> NVME 18:07:53 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> 2G/s speed 18:08:57 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> NixOS with impermenance, the blockchain is on persistent drive and writes/reads from a persistent drive (BTRFS) 18:09:46 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> ``` 18:09:47 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> [root@mracek:/var/lib/monero]# ls -lash ./lmdb/ 18:09:49 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> total 73G 18:09:51 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> 0 drwxr-xr-x 1 monero monero 32 May 6 11:34 . 18:09:53 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> 0 drwx------ 1 monero monero 76 May 6 12:04 .. 18:09:55 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> 73G -rw-r--r-- 1 monero monero 73G May 9 20:09 data.mdb 18:09:57 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> 4.0K -rw-r--r-- 1 monero monero 8.0K May 9 20:08 lock.mdb 18:09:59 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> ``` 18:10:24 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> this is 100% synced 18:11:06 Anyone can tell me if the 10 block to spend funds is from the wallet or the chain restricted? And another thing, how often does it happen that a chain gets dropped in the favor of another? 18:11:36 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> huge hit who will pay for my genshin impact on boosteroid! :U 18:13:25 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> ... neither of my systems automatically connect to my XMR node bcs i wiped the directory by mistake and it refreshed tor keys 🤦‍♂️ 18:14:43 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> https://matrix.monero.social/_matrix/media/v1/download/chat.lightnovel-dungeon.de/jfVtzoiwOCmox7KiQ9nufqB6am19Ar2z 18:14:48 <5m5z3q888q5prxkg:chat.lightnovel-dungeon.de> lets go.. 5 days like nothing happened 👍️ 18:29:38 vthor: The 10 block lock is a blockchain consensus rule. If a wallet tries to break the rule, the nodes will reject the transaction. 18:31:33 vthor: Do you mean blockchain reorganizations? Check https://github.com/monero-project/research-lab/issues/102#issuecomment-1577827259 19:16:57 vthor the 10 block lock is a chain consensus rule, you can't avoid it 19:17:24 rucknium: thank you, exactly that was my question, I often created a throwaway wallet to receive funds I directly send to an exchange. And yesterday was the first time I had ever really slow transactions (in the total chain of 3 transaction, receiving, forwarding, releasing funds (LM) it took 4.5 hours (well some time probably atributed to me bc I was not watching all the time), so it had at least saved some minuts to make the transaction after 1 confirmation. The 19:17:25 second question was more about I would prefer to accept paymets on cain for a future project after 1 or 2 confirmation if the amount is below 0.5 XMR if the risk is not to high bc that is one of the most deherent for most people who are not really into crypto. When they use the CC they get there digital product instantanious but if the use XMR they have to wait 10 transactions on most platforms (accepting XMR). 19:18:08 what's the quickest way to get monero in your own wallet? I bought some monero on Kraken but they are holding for to long 19:18:45 endor00: realized it with ruckniums answer, thank you. I hoped it's only in the wallet, but not. 19:19:27 Mempool looks empty atm, so the transaction should go through right away once they send it 19:20:16 vthor: Do you know what 0-conf is? 0-conf on Monero is considered safe for low to medium amounts of XMR because Monero has no replace-by-fee like BTC. If a Monero tx is in the mempool (txpool), then there is very high probability that it will be confirmed. 19:22:37 During the hundreds of thousands of txs during the March suspected spam, only two txs appeared in the mempool that did not confirm, according to my data (See page 18 of https://github.com/Rucknium/misc-research/blob/main/Monero-Black-Marble-Flood/pdf/monero-black-marble-flood.pdf 19:54:15 cool, that sound good. That means there is only the 72h timeout? But, let's say now the transaction goes from the mempool into a block, so it is not anymore in the mempool. But now there is a split or other reason another chain (without this transaction) is in the now predominant chain, then the transaction will not end up in the blockchain at the end, or? Is there a monetary sum attachted to the word low and medium? (or an estimate more or less?) 19:55:08 Thank you again rucknium. 20:00:15 vthor: If a tx gets pushed out of the dominant chain because of a blockchain re-organization, then it goes back into the mempool, waiting to be confirmed again. Then it will probably be confirmed in the dominant chain soon. The only exception is a blockchain re-org deeper than 10 blocks, which has never happened AFAIK. That's the purpose of the 10 block lock. If a tx has a ring me 20:00:17 mber that is invalidated because of a blockchain re-org, then the tx can't be included in the dominant chain. But this has never happened AFAIK because the 10 block lock prevents any tx like that from entering the mempool. The definition of low and medium depends on your risk preferences. 20:04:41 At is the deepest chain reorg that happened on monero ? I remember some have proposed to reduce the 10 block lock time. 20:05:00 What* 20:09:51 SyntheticBird: I don't know. According to this data, the maximum since November 2019 was three: https://github.com/monero-project/research-lab/issues/102#issuecomment-1528812041 20:35:29 Oh. Fortunately this is only three. 20:43:42 The one who defrauds the lowly one insults his Maker, But whoever shows compassion to the poor glorifies Him. 20:49:47 :) cool, and te comment is proably also right. So today I learned a pretty interesting thing and I think now I feel comfortable with 0-conf up to 10 XMR (when I recovered) probably. 22:01:33 Do you need to run over Tor? You can run over clearnet and broadcast your txs over Tor. 22:08:07 First withdrawal will take time 23:31:51 Last message Jan 5?