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<mcneb10:envs.net> what was the rationale behind choosing a 60 block lock time for coinbase transactions?
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<rfhsdfh:nope.chat> this is basically just spam
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<rfhsdfh:nope.chat> spamming random images to fill up the chat
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<rfhsdfh:nope.chat> you are domain
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<rfhsdfh:nope.chat> is mynymbox legit or a scam site?
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<rfhsdfh:nope.chat> i don;t want to get scammed
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<basses:matrix.org> reason I switched to Nheko
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<rfhsdfh:nope.chat> i just bought my domain name from incognet instead because i think mynymbox might be a scam
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<john412:matrix.org> Hello everyone !
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<rfhsdfh:nope.chat> hello
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<john412:matrix.org> Are monero Farcaster Meetings vocal ?
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<nihilist:nowhere.moe> i used to have my servers and domains at incognet
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<nihilist:nowhere.moe> the only complaint i have against them is that they are understaffed when it comes to tickets
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<321bob321:monero.social> Yep
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<nihilist:nowhere.moe> expect delays if you want some complex things done
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<nihilist:nowhere.moe> it's very annoying
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<nihilist:nowhere.moe> last time i wanted a dedicated server with ipv6 enabled (for invidious, to circumvent their ip blocks), for some reason they couldn't get it enabled after 1 full month
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<nihilist:nowhere.moe> so i went elsewhere becasuu of that
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<nihilist:nowhere.moe> so i went elsewhere becasue of that
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<nihilist:nowhere.moe> so i went elsewhere because of that
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<321bob321:monero.social> I think they use namecheap
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<nihilist:nowhere.moe> yea
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<rfhsdfh:nope.chat> ok
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<rfhsdfh:nope.chat> nice
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<rfhsdfh:nope.chat> i use servers.guru for my servers but i am just buying a domain from incognet
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<nihilist:nowhere.moe> yea for domains it should be fine
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<nihilist:nowhere.moe> i use servers guru too for servers
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<nihilist:nowhere.moe> no complaints so far
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<nihilist:nowhere.moe> no complaints so far (9 months in)
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<rfhsdfh:nope.chat> how long did it take for the domain to activate for you?
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<rfhsdfh:nope.chat> when you bought a domain
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<rfhsdfh:nope.chat> because all orders are processed manually
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<nihilist:nowhere.moe> 1 day i think
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<rfhsdfh:nope.chat> ok
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<kinghat:matrix.org> BigmenPixel: #haveno-dev:haveno.network has started a bounty for a flatpak:
haveno-dex/haveno #1223
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<real_glitch:matrix.org> finally
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Guest6
is it possible to develop a monero stablecoin that is pegged to different fiat currencies
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<kewbit:matrix.org> Monero is a stablecoin
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Guest6
its definitely not, price fluctuates
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Guest6
usdt is a stablecoin
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<kewbit:matrix.org> Those are just fancy numbers, monero is a stablecoin.
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Guest6
but in all seriousness though
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<strawberry:monero.social> Isn't that what zano does?
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Guest6
whats zano
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great_taste
how do you keep price stable?
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great_taste
you need scammy tactics
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<strawberry:monero.social> It's possible to make private tokens, but as usual you'd need to rely on some company like tether to issue them and keep the real world assets
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<neromonero1024:monero.social> zeph, anyone?
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plowsof
Physical cash is stable and private but inflation
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plowsof
Also miners might not care for it
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Guest6
right but if they abolish physical cash... there arent any stable anonymity/privacy coins
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BlueyHealer
Especially if you compare it to my currency, Monero is very stable.
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great_taste
cant send physical cash over the internet
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nioCat
fax it
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<snowman:tetaneutral.net> Stable is relative to the tokenomics of the issuer
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great_taste
would not need stable coins if idiets would just take crypto payments already
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great_taste
they keep using the payment system they deserve... paypal
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BlueyHealer
great_taste, my issue with taking Paypal and things like it is that I just literally cannot use them :/
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BlueyHealer
This is the reason I came to XMR, even though not the reason I stayed.
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<nobfg9000:matrix.org> if banks implemented like blind signatures / chaumian cash that would kick cryptocurrency's ass
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<nobfg9000:matrix.org> but they wont do that because it concedes too much power
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great_taste
if banks would implement anonymous bank accounts without limits it would kill crypto lmao
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<basses:matrix.org> and kill people too
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sech1
Banks used to do it
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sech1
Before control freaks took over
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great_taste
freedom to send money doesn't kill people
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BlueyHealer
nobfg9000, would that bypass sanctions though?
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BlueyHealer
That would still mean two banks interacting with each other...
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great_taste
banks aren't the problem anyways... people are the problem because they still choose to use banks
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BlueyHealer
Sometimes there is little choice, to be fair - like, a legal job requires one. Or my uni requires it for stipend.
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BlueyHealer
I do my part in only using cash in my daily life at least though.
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great_taste
the legal firm and the uni are run by people, who choose to be submissive to banks
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great_taste
and by consequence, everyone who associates with them have to do the same
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BlueyHealer
I cannot impact that, so I just do my part in actually using the money. Once I start working, might very well pick a job paid in cash - that is called a "gray" salary and apparently common, even if not legal).
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BlueyHealer
Although... I don't know exactly, payment in cash may very well be legal, it is just usually "gray" (meaning nit properly taxed or something) regardless so there is an association.
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great_taste
much rebelious
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BlueyHealer
I don't have rebelliousness because it is very dangerous, but I just do things my way as long as it isn't dangerous, no matter the convenience.
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<hardhatter:monero.social> Eh not really, it’s not a guarantee that our inflationary formula with tail emission is the ideal rate of increase of the xmr supply to maintain a stable price. I was thinking DEXs that depend on burning mechanisms might help in some capacity with stabilizing the supply. But I think we’ll eventually have to create a proof of funds or maybe mining based voting mechanism to adju<clipped message>
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<hardhatter:monero.social> st the coin creation rate to optimally stabilize it.
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<hardhatter:monero.social> Having a market volume dependent mechanism for burning inherently in DEXs will be very useful for minimizing excess supply in a decentralized fashion
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<hardhatter:monero.social> Will likely make a much better approximation than whatever we might be able to speculate on and worst case is a increase in valuation and temporary bottle neck on the growth rate of commerce
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<hardhatter:monero.social> Causing devaluation from creating to many coins too quickly is probably worse than conservatively fostering a faster rate of commerce by creating somewhat less than the theoretically optimal amount for an unfettered growth in the rate of commerce
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<hardhatter:monero.social> Causing devaluation from creating too many coins too quickly is probably worse than conservatively fostering a faster rate of commerce by creating somewhat less than the theoretically optimal amount for an unfettered growth in the rate of commerce
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<hardhatter:monero.social> Btw I’m referencing an early conversation about a type of dex that would use burning as fees to prevent offer spamming and prevent DoS attacks