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<strawberry:monero.social> I don't think there is any solution compatible with irreversible transactions
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<preland:monero.social> Yeah
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m-relay
<strawberry:monero.social> you might be interested in bitcoin vaults, they get around this by making you wait before spending:
github.com/fresheneesz/bip-efficient-bitcoin-vaults
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<preland:monero.social> It is kinda sad to me that, despite all the advances in the last few decades, it can all be basically undone by either some physically aggressive thugs or by simply indiscriminately going after any IP address directly or indirectly involved in “shady activity”
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<preland:monero.social> Hmm
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<strawberry:monero.social> Monero's hidden amounts help a lot here, if you pay for something in person with most other coins then the merchant can take note of your entire balance
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<preland:monero.social> A very fair point
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<strawberry:monero.social> but the wrench attack is still a problem for in person adoption, since the best solution right now is to simply not tell anyone that you have any cryptocurrency
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<recanman:kernal.eu> **and the people of whom you have transacted with
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<preland:monero.social> Which breeds the culture of hiding that we have atm
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<preland:monero.social> This.
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<preland:monero.social> If bitcoin were ever used on a large scale, I could see normies with 50$ to their name getting mugged because they received the 50$ from a whale
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<strawberry:monero.social> this is why you never want to coinjoin with a millionaire
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<preland:monero.social> Or use BTC in China (guilty until proven innocent would screw you over sooo much)
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<preland:monero.social> Though tbf same issue with XMR
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<strawberry:monero.social> iirc there are 2 of 2 multisig bitcoin wallets where you hold 1 key and some 3rd party holds the other, and they ask for 2fa on large spends kind of like banks do
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<strawberry:monero.social> add a long timelock in case the 3rd party disappears, and that is arguably 1 solution to the wrench attack, but 1. monero can't timelock, and 2. it defeats a lot of the privacy of monero
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<preland:monero.social> That’s….
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<preland:monero.social> Actually not a bad idea
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<preland:monero.social> Fair
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<preland:monero.social> I do wish we could fix the issues with timelocking rather than remove it
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<strawberry:monero.social> I suspect most people currently using monero would not be interested in that, but normal people used to banks might choose something like this if given the option
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<preland:monero.social> Yeah
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<preland:monero.social> I am kinda thinking abt running a stress net node
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<preland:monero.social> But there’s only one thing that would (really) influence my decision:
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<preland:monero.social> Do we know what the maximum “ping” that a node could have before it just doesn’t work?
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<preland:monero.social> Because that’s what I’ve kinda been wondering for a while—let’s say it’s 2050 and the settlers of Mars want to use Monero and run their own node—would they be able to do so with a round-trip latency nearing a hour for the worst case scenario?
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<korgprivacy:matrix.org> Join us SATURDAY (06/29/24) morning at 11AM-EDT/5PM-CET to talk about Monero Circular Economy Pledge w/ MoneroMaster! + Price 📈 w/ BawdyAnarchist, News 🗞️ w/ Tony Huszar & MORE!
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<korgprivacy:matrix.org> JOIN US ON STAGE HERE ➡️: streamyard.com/97i69y4wg2
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<korgprivacy:matrix.org> WATCH THE SHOW HERE via YOUTUBE ➡️:
youtube.com/live/-viaPgptV5k?si=7uqWF0Ag__ay3o3g
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<korgprivacy:matrix.org> WATCH THE SHOW LIVE HERE via TWITCH ➡️:
twitch.tv/monerotalk
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<korgprivacy:matrix.org> (The videos will be synced onto Odysee (
odysee.com/@MoneroTalk:8) about an 1/2 hour or so after it premieres LIVE for those who want to watch there afterwards ;))
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<korgprivacy:matrix.org> Guest segment, Report & News segment sponsored by 🍰 u/cakelabs, u/Localmoneroco & wizardswap.io
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<hardhatter:monero.social> Fundamentally I don’t think “time”-locking can be fixed on layer one in a scalable way. But “block”-locking can work. And that can provide approximate time locks if block times are statistically unlikely to be outside of some time window.
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BlueyHealer
<mcneb10:envs.net> the only way is to make it so multiple people have to agree to open it i guess <- never thought of that, indeed! I was thinking the way is to have a passphrase written on something easily-destructable and changed each time you can actually recount it without this aid.
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remiliascarlet
Sorry for the many joins, my server was acting up.
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<norvegan:nope.chat> Question: Can someone send me an invite to the monero retroshare, or must I go through the absolute STRUGGLE of creating an account so I can leave comment on the [post](
monero.town/post/3524320) so I can get the invite?
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<norvegan:nope.chat> Okay, so to create account on monero.town, I need to create an account on twitter or mastodon so I can validate that I'm human. What a time to be alive!
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<ocean:matrix.thisisjoes.site> yeah I was gonna make a joke how its only a struggle because your nutrient deficient but then I checked out the signup process 🤔
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plowsof
or send the admin .. is it a dolllar or less equiv in monero
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BlueyHealer
twitter of all things bruh
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<nihilist:m.datura.network> monerotopia is live boys
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<nihilist:m.datura.network> in a few mins
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plowsof
would monero town benefit from nope dot chat users is the real question
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BlueyHealer
I registered on Twitter already after Musk takeover - yet was able to be there without a phone number somehow. I wonder if they cracked down on it recently?
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BlueyHealer
Have deleted the account quite a while ago though.
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<ct:xmr.mx> plowsof the signup hurdle is working as intended
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<ct:xmr.mx> if you dont have 0.01xmr to spend, it means you likely never used xmr
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<monerobull:matrix.org> You can also just tell me and it will be approved
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<ity:itycodes.org> ~~If only it was this simple~~
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<321bob321:monero.social> People are tight asses
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<321bob321:monero.social> I WANNA EVERYTHING FOR FREE!
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<321bob321:monero.social> Inflation ftw
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<copenhagen_bram:matrix.org> The admin rolling in monerdough from all the bots signing up to the site
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<norvegan:monero.social> No benefit, the only reason I want to sign up to monero.town is so I can leave a comment to get an invite to RS, that's about the contribution I've planned for there. I'm not big on the fediverse.
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<norvegan:monero.social> Also, as you can see, I have a monero.social account, but until they offer a signal bridge nope.chat will be my main one. What's the problem with nope anyway?
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<norvegan:monero.social> This is me telling you, I signed up with the same username as my matrix account.
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<monerobull:matrix.org> ok
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<monerobull:matrix.org> already approved 11 hours ago
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<norvegan:monero.social> Oh, thanks!