00:17:27 I don't think there is any solution compatible with irreversible transactions 00:17:56 Yeah 00:18:17 you might be interested in bitcoin vaults, they get around this by making you wait before spending: https://github.com/fresheneesz/bip-efficient-bitcoin-vaults 00:19:28 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” 00:20:01 Hmm 00:22:02 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 00:23:57 A very fair point 00:23:59 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 00:24:13 **and the people of whom you have transacted with 00:24:27 Which breeds the culture of hiding that we have atm 00:25:25 This. 00:25:26 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 00:26:28 this is why you never want to coinjoin with a millionaire 00:27:14 Or use BTC in China (guilty until proven innocent would screw you over sooo much) 00:27:32 Though tbf same issue with XMR 00:34:05 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 00:38:04 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 00:38:06 That’s…. 00:38:08 Actually not a bad idea 00:38:15 Fair 00:38:31 I do wish we could fix the issues with timelocking rather than remove it 00:38:47 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 00:39:39 Yeah 01:30:43 I am kinda thinking abt running a stress net node 01:31:24 But there’s only one thing that would (really) influence my decision: 01:31:26 Do we know what the maximum “ping” that a node could have before it just doesn’t work? 01:33:59 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? 02:12:35 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! 02:12:36 JOIN US ON STAGE HERE ➡️: streamyard.com/97i69y4wg2 02:12:38 WATCH THE SHOW HERE via YOUTUBE ➡️: https://www.youtube.com/live/-viaPgptV5k?si=7uqWF0Ag__ay3o3g 02:12:40 WATCH THE SHOW LIVE HERE via TWITCH ➡️: https://www.twitch.tv/monerotalk 02:12:42 (The videos will be synced onto Odysee (https://odysee.com/@MoneroTalk:8) about an 1/2 hour or so after it premieres LIVE for those who want to watch there afterwards ;)) 02:12:44 FOLLOW US ON https://monero.town/u/monerotopia & https://mastodon.social/@monerotopia 02:12:46 Guest segment, Report & News segment sponsored by 🍰 u/cakelabs, u/Localmoneroco & wizardswap.io 03:20:27 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. 06:28:51 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. 07:37:19 Sorry for the many joins, my server was acting up. 14:35:34 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](https://monero.town/post/3524320) so I can get the invite? 14:51:14 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! 14:52:13 yeah I was gonna make a joke how its only a struggle because your nutrient deficient but then I checked out the signup process 🤔 14:52:22 or send the admin .. is it a dolllar or less equiv in monero 14:53:28 twitter of all things bruh 14:53:55 monerotopia is live boys 14:54:01 in a few mins 14:54:21 would monero town benefit from nope dot chat users is the real question 14:55:00 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? 14:58:15 Have deleted the account quite a while ago though. 15:01:49 plowsof the signup hurdle is working as intended 15:02:47 if you dont have 0.01xmr to spend, it means you likely never used xmr 15:02:54 You can also just tell me and it will be approved 15:20:57 ~~If only it was this simple~~ 21:04:12 <3​21bob321:monero.social> People are tight asses 21:04:27 <3​21bob321:monero.social> I WANNA EVERYTHING FOR FREE! 21:04:37 <3​21bob321:monero.social> Inflation ftw 23:05:00 The admin rolling in monerdough from all the bots signing up to the site 23:36:29 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. 23:40:01 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? 23:41:21 This is me telling you, I signed up with the same username as my matrix account. 23:43:05 ok 23:43:16 already approved 11 hours ago 23:45:34 Oh, thanks!