<m​atrixuser2175:matrix.org> thank you, thought so as well and had a wallet prepared

<j​ack_ma_blabla:matrix.org> Fee (per_kB): 0.000278520000

<o​frnxmr:xmr.mx> Just need gupaxx

<t​esttank:matrix.org> Guys can we start creating memecoins and merge mine them to Monero ?

<t​esttank:matrix.org> Why don’t we have a moneroChan memecoin??

<e​longated:matrix.org> Look at Tari what happens when botnets play

<t​esttank:matrix.org> The problem with tari is that it was supposed to solve problems that don’t exist

<t​esttank:matrix.org> A memecoin exist only for ngu

<e​longated:matrix.org> We had wownero and it didn’t work out, we can’t even have ngu on xmr; shilling a meme coin is unimaginable

<e​longated:matrix.org> Don’t buy Monero is a real ethos of monero community

<t​esttank:matrix.org> I’m say this and I’m gonna go sleep, we should thank the qubitards bacouse they raised a problem that has always been present, and it has given us the oppurtunity to have import discussions that maybe we would have had too late

<s​bt:nope.chat> There's a severe vulnerability in synapse, it's advised to quickly upgrade the room: matrix.org/blog/2025/08/security-release

<i​tsme.123:matrix.org> Hi i want to transact crypto without trace

<i​tsme.123:matrix.org> How

<r​avfx:xmr.mx> Considering you ask then you already technically leaving traces.

<r​avfx:xmr.mx> Monero is private but it all depend where you come from (other coins, exchange, etc, etc)

<r​avfx:xmr.mx> And leaving details of them hmmm

<i​tsme.123:matrix.org> What, they said monero can help you to transact without trace

<r​avfx:xmr.mx> Yes, it does, just using monero, as simple as that

<i​tsme.123:matrix.org> Where is monero

<r​avfx:xmr.mx> Yeah, that is your issue right? You don't know where to obtain them?

<i​tsme.123:matrix.org> Yes

<t​esttank:matrix.org> If you have internet connection everywhere

<s​bt:nope.chat> The basics are using your own onion node and transacting monero. To buy some, use retroswap.

<i​tsme.123:matrix.org> Isn't monero an exchange giving you wallets?

<r​avfx:xmr.mx> or things like unstoppable swap assuing you already have bitcoin

<t​esttank:matrix.org> The easy way to buy Monero is install cakewallet and swap whatever currency to monero

<s​bt:nope.chat> Read the docs first before asking things.

<r​avfx:xmr.mx> no

<r​avfx:xmr.mx> you can use a wallet, ideally listed on getmonero.org

<r​avfx:xmr.mx> Monero GUI or Featherwallet are the one I recommand (on PC)

<i​tsme.123:matrix.org> On mobile

<r​avfx:xmr.mx> getmonero.org/downloads/#gui

<r​avfx:xmr.mx> featherwallet.org

<b​asses:matrix.org> chatgpt can even answer your question

<i​tsme.123:matrix.org> So monero is an untraceable currency not a wallet

<r​avfx:xmr.mx> on mobile you have Cake Wallet, Stack, and Monerujo

<r​avfx:xmr.mx> Yes, monero is the currency, you have many wallet options

<r​avfx:xmr.mx> I would trust qwen better, use less ressources 👨‍👩‍👦

<r​avfx:xmr.mx> I would trust qwen better, use less ressources 😂

<i​tsme.123:matrix.org> So first i should buy a crypto like trx and swap it with monero and then get it in my own local wallet to have real cash

<i​tsme.123:matrix.org> What are the exact stepts to be annynamous

<r​avfx:xmr.mx> Lol forget about my qwen comment, at least the 14B mobiles I just ran local, it's garbage 😂

<s​bt:nope.chat> Anonymity is not black and white. You need patience and discipline to follow extreme isolation.

<r​avfx:xmr.mx> Lol forget about my qwen comment, at least the 14B modele I just ran local, it's garbage 😂

<s​bt:nope.chat> llama 7B is fine.

<r​avfx:xmr.mx> Qwen3 14B, in order, recomanded Monero Mobile (Official), MyMonero, Monero Wallet (Mobile) by Monero Project, Hardware Wallet Integration, XMRWallet

<i​tsme.123:matrix.org> Checsum help me goverment is looking for me cuase im a fisher

<i​tsme.123:matrix.org> I have installed cake wallet chosen cake wallet

<i​tsme.123:matrix.org> I have installed cake wallet chosen monero currency

Just seen in the console log of one of my daemons, happened a few hours ago: a 7-block reorg

<o​frnxmr:xmr.mx> 7 and a 6

Monerobull has the info and the picture, without that it did not happen after all :) x.com/monerobull/status/1955044886232666202?t=gAaD5ziFnlAjEDIWUh7BSw

<d​ufebo98:monero.social> a question. If a tx was originally included in the xmr chain, but the attacker orphaned the chain, when the tx has not yet entered into the new chain, at this time, can the tx sender increase the fee to double spend the money?such as sending the money back to his own address?

Pretty sure the answer is "no". Even in this orphaning scenario every attempt to spend the same enotes again, with different fee or destination, will just get refused as a double spend attempt by the network.

<o​frnxmr:xmr.mx> Right. Monero doesnt have rbf

<e​longated:matrix.org> Only if they orphaned 10+ blocks and previous tx becomes invalid

<o​frnxmr:xmr.mx> The tx would still be in the pool iirc

<e​longated:matrix.org> Wouldn’t that be an invalid tx ? And drops after 48hrs?

<o​frnxmr:xmr.mx> Does a 10 block reorg actually invalidate the tx? Or only if it referenced a decoy from the 11th block?

<e​longated:matrix.org> Referenced decoy from 11th block

<e​longated:matrix.org> Soon exchanges/vendors will need 100+ conf then 1000+ conf 😅

<e​longated:matrix.org> /s

<o​frnxmr:xmr.mx> Its not rrslly /s. tradeogre had like 80-100 confs for wownero

<o​frnxmr:xmr.mx> Wownero block time is 5min

<o​frnxmr:xmr.mx> And kraken had like 30 confs for bch

<e​longated:matrix.org> I added /s on purpose

<o​frnxmr:xmr.mx> Yeah, but it's not sarcasm

<e​longated:matrix.org> I know

<o​frnxmr:xmr.mx> Its a realistic outcome

<e​longated:matrix.org> We are going there along with cheaper price to miner monero

<e​longated:matrix.org> Happy mining

<e​longated:matrix.org> We are going there along with cheaper price to mine monero

<e​longated:matrix.org> GF can be used to buy hardware when gf fund value is a fraction

<e​longated:matrix.org> 🚀

<e​longated:matrix.org> Didn’t expect xmr was this shitty n prone to attack, there will never be a bottom to xmrbtc pair

<e​longated:matrix.org> Don’t buy monero was real, should have listened to fluffy

<d​ufebo98:monero.social> Thanks for your reply. That is to say, even if a tx is still in mempool, another tx with the same keyimage will be rejected when entering mempool. Am i right?

<o​frnxmr:monero.social> Yes

<u​sb:envs.net> monerobros is it over

<e​longated:matrix.org> No bounties on qubic ? I thought it was used on dark nets lol

<e​longated:matrix.org> Yes, it’s over

<e​longated:matrix.org> Ppl on X have confirmed attack without any knowledge

<e​longated:matrix.org> So it must be real

<e​longated:matrix.org> Ppl on X have confirmed 51% attack without any knowledge

<b​asses:matrix.org> psyops

<e​longated:matrix.org> Always has been but it’s real

<c​urry.guo:matrix.org> curry guo, [Aug 12, 2025 at 14:44:31]:

<c​urry.guo:matrix.org> When broadcasting a transaction, it reports 'Failed to commit tx.' Could you please help check it?

<c​urry.guo:matrix.org> The logs show a 'Double spend' error, which used to occur rarely but has become more frequent in the past two days.

<c​urry.guo:matrix.org> When broadcasting a transaction, it reports 'Failed to commit tx.' Could you please help check it?

<c​urry.guo:matrix.org> The logs show a 'Double spend' error, which used to occur rarely but has become more frequent in the past two days.

<o​frnxmr:monero.social> It means the node that you sent the tx to, has already seem the transaction

<o​frnxmr:monero.social> you can a) try a different node or b) see if the tx has been confirmed

<c​urry.guo:matrix.org> I get the general idea. What can I do to prevent this problem from occurring again?

<e​longated:matrix.org> Use localnode

<c​urry.guo:matrix.org> Currently, I am using a local node

<o​frnxmr:monero.social> How did you run into this problem?

<o​frnxmr:monero.social> The error just means that the tx has already been sent. Did you try to send the same tx twice?

<c​urry.guo:matrix.org> No, it should be that the later constructed transaction used an unspent output that has already been spent.

<c​urry.guo:matrix.org> But what's strange is that I don't manage the outputs myself; the node selects the outputs automatically. So why would there still be duplicates?

<o​frnxmr:monero.social> The wallet selects the outputs. Are you using monero-gui?

<c​urry.guo:matrix.org> No, I'm using the node's RPC .

<c​urry.guo:matrix.org> monero-wallet-rpc

<o​frnxmr:monero.social> Hm. Strange

<o​frnxmr:monero.social> Wallet rpc should sync properly, pickup the transaction and stop trying to re-use the key image

<c​urry.guo:matrix.org> Has the node been updated recently? I rarely encountered this issue before, but it has been happening more frequently lately.

<o​frnxmr:monero.social> Did the tx fail? Still not confirmed?

<o​frnxmr:monero.social> 2 options: a) flush_txpool on the node, then resubmit the tx, or b) resync the wallet

<o​frnxmr:monero.social> If you know the txid, you can look it up on a block explorer to see if it is a) confirmed b) unknown

<o​frnxmr:monero.social> Are you using any flags like --tx-proxy?

<o​frnxmr:monero.social> If so, poor tor connectivity will cause the tx to get stuck.

<c​urry.guo:matrix.org> The transaction is unknown on the block explorer.

<o​frnxmr:monero.social> then its likely stuck in your nodes txpool due to connectivity. Do you use tx-proxy?

<c​urry.guo:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/WgoUvKynOLbeJmAysQdHmLvE

<c​urry.guo:matrix.org> No, I don’t have the tx-proxy parameter and I’m not using it.

<c​urry.guo:matrix.org> I misunderstood; tx-proxy is not enabled.

<o​frnxmr:monero.social> tx-proxy is a parameter on monerod

<o​frnxmr:monero.social> A flag, like `--tx-proxy=tor,127.0.0.1:9050`

<o​frnxmr:monero.social> This can cause tx relay issues if tor cannot connect to onion addresses

<c​urry.guo:matrix.org> Is this the node startup command?

<c​urry.guo:matrix.org> Is this the node startup command?

<c​urry.guo:matrix.org> /root/monero/monerod --hide-my-port --non-interactive --confirm-external-bind

<o​frnxmr:monero.social> Strange that your node did not relay the tx. since it doesnt appear on block explorers, it likely hasnt left your computer. You can try to flush the txpool and re-send the tx, or connect to a different node and resend

<o​frnxmr:monero.social> I havent had this issue and i use wallet-rpc pretty heavily

<c​urry.guo:matrix.org> The key image of this transaction has already been spent, so it should not be broadcasted again.

<c​urry.guo:matrix.org> I mainly want to ask, why is a key image that has already been spent being spent again?

<e​longated:matrix.org> Rescan your wallet

<o​frnxmr:monero.social> If the txid isnt available on an explorer, it hasnt really been spent

<o​frnxmr:monero.social> Ot means your wallet is unaware of the spend

<c​urry.guo:matrix.org> Which block explorer are you referring to? Please send me a link. There are two explorers—one shows 'unknown' and the other shows 'pending'.

<o​frnxmr:monero.social> xmrchain.net

<o​frnxmr:monero.social> localmonero.co/blocks

<o​frnxmr:monero.social> If it shows pending, then it has been sent and your wallet or node is likely not in sync

<o​frnxmr:monero.social> can `refresh` the wallet, it might pick up the tx, or connect it to a different node. If both of those fail, you might need to rescan the wallet, unfortunately

<c​urry.guo:matrix.org> Nothing found.

hello, im new here, are there any rules to read in this channel?

<m​onerobull:matrix.org> dont spam, no off-topic, thats basically it

okay, got it :) ive been using monero for a while but am a bit out of the loop, are there any good technical write ups about the qubic situation? it seems to be hard to find any concrete information about the technicalities of whats going on

<m​onerobull:matrix.org> i just approved a post mentioning savemonero.info on reddit

<m​onerobull:matrix.org> closest ive seen to a writeup

<m​onerobull:matrix.org> tldr: go to gupax.io and start mining to p2pool if you want to help

sounds good, thank you for the info

<b​lockreward:matrix.org> the hacker who stole over 300m in btc seems to have strategically timed their sale to coincide with the current qubic frenzy (which is essentially inconsequential, as reorgs are rare and generally do not warrant concern; many people lack understanding of possion distributions, let alone mining). the pirice will likely stop dropping around 220s, which was the price before the hacke<clipped message>

<b​lockreward:matrix.org> r started "laundering" (reposted from #monero-markets:monero.social)

<b​lockreward:matrix.org> monero mining is not perfect and can be considered centralized; however, this issue also applies to Bitcoin, which has pools with over 25%+ of the hash rate despite using ASICs. game theory suggests that miners will act rationally because it benefits them financially. the PoS finality layer idea proposed as an improvement to mining is intriguing, but there's no serious threat of a<clipped message>

<b​lockreward:matrix.org> n attack and this "threat" will likely stop when qubic emissions halve in ~10 days. the current sell-off is due to the hacker offloading their holdings on mexc

<t​orir:matrix.org> A lot of the talk is about if Qubic can do this, could another attack, perhaps a government, also try the attack, perhaps more successfully?

<b​lockreward:matrix.org> qubic can't sustain an attack on the network, although a government could against Monero. Bitcoin is also vulnerable since the largest pools (such as foundry) are based in the US, with their equipment stored in warehouses that can be easily seized

<b​lockreward:matrix.org> specifically, the largest mining operations, such as riot, which collaborate with foundry, operate their facilities in centralized locations

<b​lockreward:matrix.org> I find it surprising that qubic hysteria gained such widespread popularity, even among reputable auditors like Slowmist. did people forget about the 300m so quickly?

<m​onerobull:matrix.org> "monero is broken" gets clicks

<d​ufebo98:monero.social> Actually Slowmist focuses more on eth

<m​onerobull:matrix.org> bitcoin maxis want to see it fail, many other people are screwed if it fails

<b​lockreward:matrix.org> I know, but they posted that Monero has successfully been 51% attacked here:

<b​lockreward:matrix.org> xcancel.com/SlowMist_Team/status/1955209185718833665

<b​lockreward:matrix.org> the source? orangefren, a Monero community member, who misinterpreted a 6-block reorg as a 51% attack. as slowmist is reputable, this misinterpretation may now spread far beyond the Monero community. the positive is that this opens an opportunity to make money while others have insufficient information about the actual implications of these events

<b​lockreward:matrix.org> bitcoin maxis are idiots who don't realize Bitcoin is also vulnerable to this threat

<d​ufebo98:monero.social> I’ve had contact with SlowMist at work, and they are indeed good experts in ETH smart contracts, but not in BTC

<d​ufebo98:monero.social> I suppose they aren’t in Monero either.

<u​ju:riot.anarchyplanet.org> In pow environments, the biggest chain is the least vulnerable to it.

<u​ju:riot.anarchyplanet.org> Also knowing the positions banks and other big orgs hold in it, gives some strong incentives from folks with big bags to keep consensus.

<u​ju:riot.anarchyplanet.org> At least for mid term

<m​onerobull:matrix.org> oh wow

<s​vntr:matrix.org> xmpp chat vs irc chat

<b​lockreward:matrix.org> yes, with each bitcoin halving, it's clear that emissions alone may not sustain the network indefinitely. all PoW chains possess inherent weaknesses, which can be improved. monero concerns are overblown though

<b​lockreward:matrix.org> the issue with slowmist recognizing this (even though they are not experts in Monero) is that many well-respected crypto news outlets rely on them as a credible source. misinformation may continue to spread even more widely

<u​sb:envs.net> done

<m​onerobull:matrix.org> good

<e​ddie:oblak.be> Some of these crypto magazines are really really bad, but writing qubic advertising as if it's facts. It's total BS

<e​ddie:oblak.be> Some of these crypto magazines are really really bad, writing qubic advertising as if it's facts. It's total BS

<e​ddie:oblak.be> The 15 million TPS just makes me wonder if these crypto journalist actually understand crypto 🤷‍♂️

<p​ristin3:mrbruh.com> The sad storey at the end of the day is that the majority is there for the money not for the technology…

<p​ristin3:mrbruh.com> The sad story at the end of the day is that the majority is there for the money not for the technology…

<b​asses:matrix.org> in 2017 a lot of FUD happened also last year with chainalaysis

<b​asses:matrix.org> not true

<b​lockreward:matrix.org> are there any available resources that provide detailed information about the fcmp++ alpha stressnet?

<b​asses:matrix.org> if that was true, then Monero was going to be like other shitcoin (Qubic) etc

<b​asses:matrix.org> or cucked zcash

<p​ristin3:mrbruh.com> Good point

the 15 million TPS is only because qubic is not actually decentralized

it's a centralized "blockchain"

<e​ddie:oblak.be> But how can you even prove it if you're not handling 15 million transactions in a day

hosting a qubic node is a herculean task, which requires 2 TB of RAM, UEFI (because the node program has to run at the UEFI-level?), contract/universe/spectrum files that you have to get at their discord, etc. etc. etc.

which makes me think if they intentionally make it hard to justify why it's centralized

<t​orir:matrix.org> blockreward: To my knowledge, no. I don't think it is quite ready yet (but soon, hopefully). I've been trying to keep up with the various weekly meetings but I don't remember what was last said about the stressnet. The best resource to look would be the meeting logs, which are archived here: github.com/monero-project/meta/issues?q=is%3Aissue%20state%3Aclosed

<t​orir:matrix.org> Or maybe someone closer to the action than myself will chime in here.

<t​orir:matrix.org> If it is like the last stressnet I imagine they will post very publicly about how to join it once it is ready.

<u​sb:envs.net> whats the aftermath of the 51% attack, just business as usual?

<b​oog900:monero.social> There was no 51% but there has been a lot of discussion on preventative measures in Monero Research Lounge and Monero Research Lab

<b​lockreward:matrix.org> the chainalysis fud was warranted, but the fud surrounding qubic is unfounded. their achievement of a maximum of 7-block reorg so far does != 51% attack on the network. in the past, bitcoin has experienced around 30 orphaned blocks in a row after the 2013 fork, and the network remains stable. in order for an attack to be considered serious, qubic would need to sustain far more tha<clipped message>

<b​lockreward:matrix.org> n their current 17% hash rate of 0.85 GH/s. they would have to increase their hash rate by approximately 3.48 GH/s (which is around 4x their current hashrate and assuming no other pools increase) for there to be an actual attack

<b​lockreward:matrix.org> there was no 51% attack, and it's business as usual. however, you may have experienced delays if you sent transactions during periods when qubic was printing orphaned blocks

<u​sb:envs.net> why did orangefren say it was succesful lol

<u​sb:envs.net> "appears to be successful"

<b​lockreward:matrix.org> qubic bots on X have been spreading false information suggesting that the monero network has been 51% attacked. orangefren probably fell for the bait or is engagement farming themselves

if it was 51% attacked, then transactions would not go through at all

since that was CFB's plan... isn't it?

<b​oog900:monero.social> If it was 51% they can mine every block

<b​oog900:monero.social> Not just 51/100

i would expect the whole blockchain to completely halt

not a mere inconvenience

boog900: exactly, they could just orphan others who tried

<b​asses:matrix.org> doesn't that make miners want to stop as they already achieved what they falsely want (51% attack?)

<g​ingeropolous:monero.social> they already falsely achieved what they falsely wanted

<g​ingeropolous:monero.social> all they've done is caused re-orgs, which are things that happen on PoW chains.

<g​ingeropolous:monero.social> and 51% attacks are always a possibility on a PoW chain. they key is that they require resources to sustain, and eventually the attack ends. Well, the attack on the network consensus

<g​ingeropolous:monero.social> it seems the social attack will reverberate for a while

i remember when binance lost 7000 BTC to some hackers

and they wanted to bribe miners to try to "reverse" the transaction

<e​ddie:oblak.be> how can I find peers to connect to with my p2pool node if I don't want to expose the incoming p2p port to the internet?

<n​eromonero1024:monero.social> p2pool can work fine without incoming connections

<n​eromonero1024:monero.social> it will connect to the seed node and gradually refill the peer list... this is the recommended way

<n​eromonero1024:monero.social> alternatively, you can manually download a peer list from XvB: xmrvsbeast.com/p2pool/sidechains.html

<e​ddie:oblak.be> thanks!

<o​frnxmr:xmr.mx> Also, a 5 block reorg is 10minutes - would be a 1 block reorg if we opted for 10min blocks, and a 10 block reorg if we still had 1min blocks

<b​lockreward:matrix.org> btc had 30 block reorg = 300 mins btw

<u​ju:riot.anarchyplanet.org> Didn't they do reorg after reorg and 6 was just the highest?

<b​lockreward:matrix.org> 7 was the highest

<a​ndrewjackson:matrix.org> Ghosts "appear" but usually not real

<u​ju:riot.anarchyplanet.org> Each reorg it's only them receiving mining rewards for the length of blocks they contributed in it, right?

<u​ju:riot.anarchyplanet.org> Each reorg it's only them receiving mining rewards for the amount of blocks they contributed in it, right?

<u​ju:riot.anarchyplanet.org> And that was their stated goal, no? Gain 100% of mining rewards for some time.

<b​lockreward:matrix.org> for anyone interested:

<b​lockreward:matrix.org> bitcoin.org/en/alert/2013-03-11-chain-fork

<b​lockreward:matrix.org> from block 225430. over 31 orphaned blocks were discarded. hopefully this puts things into perspective

<b​lockreward:matrix.org> 225461 2013-03-12 16:21:02 00000000000002d74c31d9c9f8e4768c0b51c3f145be07be7e77af0146144c30

<b​lockreward:matrix.org> 225460 2013-03-12 15:05:56 00000000000002afb9088485b05a2b8a1dfa6b82e3e915fa0765879a05061461

<b​lockreward:matrix.org> 225459 2013-03-12 14:36:39 000000000000036e459f26b1dc02683c9beeb061eedf18689995143354467245

<b​lockreward:matrix.org> 225458 2013-03-12 12:18:23 00000000000000620d78c08bd345aa489b02a52c5f823f0324d3c42212577c24

<b​lockreward:matrix.org> 225457 2013-03-12 09:48:00 0000000000000067fa40b890799ef9814e1e427abd5fc9f4751ffb3ef6512d14

<b​lockreward:matrix.org> 225456 2013-03-12 07:59:29 000000000000031ce5f5c447dbe06ebd62f988c6718e1a17d14b9dcd8ff9605c

<b​lockreward:matrix.org> 225455 2013-03-12 07:14:21 000000000000009d2dee89c7732b5bc912845d96a6bee38cab815949cfa60d23

<b​lockreward:matrix.org> 225454 2013-03-12 05:17:11 00000000000000df96f272c3b1e9dd15272b55750966cbd239219b94756c73ec

<b​asses:matrix.org> We are on HN

<b​asses:matrix.org> news.ycombinator.com/item?id=44875109

<b​asses:matrix.org> the only non FUD post that links to Kaya tweet is downvoted news.ycombinator.com/item?id=44875546

<b​lockreward:matrix.org> people are believing the post as well

<b​lockreward:matrix.org> slowmist snowballed the misinformation as expected :(

<e​ddie:oblak.be> omg citing the cointribune article as "way more context" is weak

<b​lockreward:matrix.org> cointribune is using cfb as the main source

that is crappy journalism

but i couldn't expect less from crypto news

<e​ddie:oblak.be> Even an LLM would have written a more nuanced article 🤷‍♂️

<b​asses:matrix.org> not really when all media outlets are reposting same fud

certainly they should have done more research and looking for evidence

and not take one single person's words as the only source

<b​lockreward:matrix.org> CTO of ledger is linked as the author of xcancel.com/p3b7_/status/1955173413992984988. more reasons not to use ledger if their CTO is this incompetent

<b​asses:matrix.org> I never trusted any hardware wallets

<e​ddie:oblak.be> seen that too, these people just in it for the clicks

<e​ddie:oblak.be> paper wallets ftw 😉

the whole cryptobro community is just in it for the clicks lol

all they care about is line go up or down

<b​lockreward:matrix.org> Cindy_ I suspect no one has done any research because people are mistakenly using the price dump as "proof" of a centralization attack, but in reality, the reason for the price dump is likely due to something else (likely the 300m BTC hacker in my opinion)

<e​ddie:oblak.be> actually the price dump is bad for qubic

<b​asses:matrix.org> it is because of the FUD

<b​asses:matrix.org> and other stuff too

lol, isn't qubic reliant on the price of monero?

way for CFB to shoot himself in the leg

<e​ddie:oblak.be> The more XMR tanks the more expensive it gets for them

<b​lockreward:matrix.org> FUD doesn't help

eddie: in essence, CFB is holding a gun with the barrel wrapped around onto him

if you mine XMR to sell it for QUBIC, least what you should do is not try to affect that currency too much

blockreward: really? did the hacker sell XMR for BTC?

i think if the hacker sold BTC for XMR, XMR's price would actually go up

<e​ddie:oblak.be> I also would be very surprised that selling like a couple of XMR having that effect on the overall price

300 million BTC is a lot of money

in comparison to a couple XMR

actually no, wtf is 300 million BTC

that is WAY too much money

<n​oname-user0:matrix.org> anyone running gupax on max? how do you install it?

did you mean 300 million USD in BTC?

<e​ddie:oblak.be> Qubic could be selling about 25k USD / day of XMR, while the volume is about 120 million USD ( coingecko), so the downward pressure by qubic seems overhyped to me

<e​ddie:oblak.be> But I am not an financial person so I might be missing something

the community shouldn't even be supporting such a parasitic currency

<t​esttank:matrix.org> The sell pressure comes from people believing monero is being 51% attacked

but things have changed a lot since all they care about is money

testtank: yes, which is why you don't even need a real 51% attack. you can make shit up, have bots spout the same thing over and over until people believe you

6 reorgs isn't that much

<b​lockreward:matrix.org> Cindy_ the hacker has likely sold around $300m USD in XMR on KuCoin and MEXC. To my knowledge, they haven't used any DEXs. My conclusion comes from comparing the changes in volume now to when they bought in may, as well as analyzing their poisoned outputs, which I inferred from the BTC -> XMR swaps they did on fixedfloat and other exchanges. you can find more information about the<clipped message>

<b​lockreward:matrix.org> original BTC wallet address here for your own due diligence (DYOR): bc1qcrypchnrdx87jnal5e5m849fw460t4gk7vz55g. I won't publish their outputs because this is purely statistical inference and I don't want to make any false claims. I may share my findings with zachxbt

<b​lockreward:matrix.org> "Nina/Mo" and "W0rk" are the suspects according to zachxbt (xcancel.com/zachxbt/status/1916756932763046273), I believe they are a Somalian duo operating a call scam centre in Camden, UK, and an accomplice, who likely have access to numerous fake IDs, allowing them to use cexes without revealing their true identity

ah that makes sense

<b​lockreward:matrix.org> Qubic is not earning enough XMR to create this sell pressure, you're correct

<b​lockreward:matrix.org> I just realized that the CTO of Ledger is stating that this attack costs around $75 million per day. sounds like an AI figure

i wonder how he managed to calculate that

if that were real, that would have wiped out CFB's bank account in less than a week

<b​asses:matrix.org> lmao, jeff bezos wouldn't even waste that much %%

<b​asses:matrix.org> lmao, jeff bezos wouldn't even waste that much $$

CFB's next tweet would be about him filing for bankruptcy

<e​ddie:oblak.be> Afaik renting 1 GH/s would be around 75k not million / day

75K a day is still too much

that's like as much as an average CEO's salary

Monero pools is in Matrix Chat?

And I was thinking Qubic is schizophrenic, looking at the Monero Subreddit. But shit is serious

What you say?

<b​asses:matrix.org> fighting against FUD is as useful as mining rn

unfortunately FUD cannot be fought with technology

<b​lockreward:matrix.org> 0.70999 BTC

<b​lockreward:matrix.org> only 591.05Mh/s is up for sale

<e​ddie:oblak.be> sure, considering the 1GH was available ofc

time to buy the dip

cool

can you get me some chips with that?

<d​ufebo98:monero.social> Cubic sold xmr on MEXC. But mexc stopped withdrawals

<d​ufebo98:monero.social> MEXC said it’s due to busy network(of course it’s a lie)

<e​ddie:oblak.be> Is someone coming out on twitter with a post why the 51% attack is not a 51% attack 😅

<b​lockreward:matrix.org> x.com/BitMEXResearch/status/1955254320305217726

<p​aranoia_machinery:monero.social> The qubic fud has been enlightening. A good portion of the current community is simply moonbows panicking about their bags and the qubic "attack" seems overhyped and not driven

<p​aranoia_machinery:monero.social> The qubic fud has been enlightening. A good portion of the current community is simply moonbows panicking about their bags and the qubic "attack" seems overhyped and bot driven

<p​aranoia_machinery:monero.social> The qubic fud has been enlightening. A good portion of the current community is simply moonbois panicking about their bags and the qubic "attack" seems overhyped and bot driven

<b​lockreward:matrix.org> I can now tell the difference between signal and noise. that is what the qubic fud taught me

i wish matrix edits didn't spam the IRC channel

i legit thought you were a spambot

<n​eromonero1024:monero.social> that's a limitation of irc, no? or the matrix<-->irc bridge needs additional config

i wish the relay differenated between messages and edits of messages

edits appear as full messages

full, seperate messages*

<p​aranoia_machinery:monero.social> Sorry but my phone changes what I type trying to autocorrect

lol

<l​eonarth_:matrix.org> what about replies to messages, does the original message get spammed as well?

No.

Hello folks. I am asking as a newbie. I saw that the hashrate for Qubic is not listed at miningpoolstats.stream/monero . Is it possible to infer their hashrate percentage, or at least estimate a tight upper bound on it?

<r​avfx:xmr.mx> It's a chunk of "unknown"

What percentage range has "Unknown" historically been at before Qubic came along?

<b​asses:matrix.org> >before cubic unknown was 5-10%

<b​asses:matrix.org> from MRL room

<l​za_menace:monero.social> what's the url for this page?

<l​za_menace:monero.social> matrix.monero.social/_matrix/media/…ero.social/xxzJMYBasidepeGNXJPJafJk

<o​frnxmr:xmr.mx> explorer.jetskipool.ai/xmr-tracker

Why are some entries, e.g. p2pool.io, listed multiple times (three times) in the list at miningpoolstats.stream/monero ?

<o​frnxmr:xmr.mx> 3 pools. Main, mini, nano

<1​7lifers:matrix.org> main is the best

<l​za_menace:monero.social> where can i find historical pool hashrates? miningpoolstats dot stream seems to just show a point in time snapshot of current pools

<l​za_menace:monero.social> everything seems to be just an aggregate with no grouping

<1​7lifers:matrix.org> scroll up in the xmr-pt channel

<l​za_menace:monero.social> okay, thanks

<u​nt0ld:matrix.org> boards.4chan.org/biz/thread/60768549#p60777382

<u​nt0ld:matrix.org> So why not increase the fees? I agree a tx should not cost less than 10 cents. Why not increase the security budget?

<l​za_menace:monero.social> where is that channel?

<o​frnxmr:monero.social> [#monero-pt:monero.social](https://matrix.to/#/%23monero-pt:monero.social) ?

<t​esttank:matrix.org> Does anyone know the probability of a successfull 10 block re-org with 30/40% hashrate?

<s​ugoi:zenon.chat> gm

<s​yntheticbird:monero.social> gm sir

<n​oname-user0:matrix.org> idk probably something like 0.4^10

<j​ohnruth:matrix.org> moneroconsensus.info by rucknium got hit with 504 too many users. Anywhere else I can track chain data with reliable info?

that's weird

it loads up for me

It says: Too Many Users: Sorry, but this application has exceeded its quota of concurrent users. Please try again later.

It also is on some DNS blacklist so I had to whitelist it.

<l​etscage.com:matrix.org> it works for me.

<l​etscage.com:matrix.org> how's related orphaned blocks vs chain reorgs ?

It loads in a private window, not in a regular window. It is doing something strange with selective denial.

<l​etscage.com:matrix.org> there's a bunch of shit taking over X

<l​etscage.com:matrix.org> mostly fud

<l​etscage.com:matrix.org> but this 51% miner thing is getting escalated

Getting escalated? Meaning?

<l​etscage.com:matrix.org> I mean frequent same context posts, someone is trying to spread fud

<l​etscage.com:matrix.org> do you guys know which exchange has the most XMR liqudity ?

Just because something is reposted doesn't mean it's FUD. explorer.jetskipool.ai/xmr-tracker says Qubic has 40% of network but miningpoolstats.stream/monero caps the Unknown to 23%.

<r​avfx:xmr.mx> yeah, they don't addup there digit to the network digits, so there red 51% bar, is too low, at about 33%..

<r​avfx:xmr.mx> Exceot if 100% of there hashrate is from renters who already mine xmr when not rented

<r​avfx:xmr.mx> miningpoolstats.stream is the accurate one

<r​ucknium:monero.social> johnruth: Let me kick everyone off for you.

Two months ago, looking at the old archive of miningpoolstats at archive.ph/Y55jT , Unknown was at 5%. More archives of the page are listed at archive.ph/https://miningpoolstats.stream/monero

<r​avfx:xmr.mx> It should look something like that

<r​avfx:xmr.mx> matrix.monero.social/_matrix/media/…oad/xmr.mx/IzxthfWbDlpHlfgwJFEwWwwB

rucknium: does the site have a limit on sessions?

i thought it was just static pages

<r​ucknium:monero.social> johnruth: You should be able to access the page now

<r​ucknium:monero.social> Yes. I can increase it, but I don't know if the system can handle it.

<l​etscage.com:matrix.org> there's a bunch of shit taking over X <<>> always lol

<r​ucknium:monero.social> It's definitely not static. It creates each plot custom for each user.

ah

<r​ucknium:monero.social> That can be inefficient, but now that I have allowed custom plot parameters, it makes more sense.

<r​avfx:xmr.mx> Have a cron that generate it static every 5 min?

nioc: I wouldn't call it shit, considering the Unknown percentage has gone up 20% (relative to the total).

It used to be at 3% and now it's 23%.

just twitter in general :)

<j​ohnruth:matrix.org> Thank you

someone linked me a thread that I could read w/o an account, so much noise :(

<r​ucknium:monero.social> I've doubled the connection limit now

<r​ucknium:monero.social> You can run it on your own machine, but it takes a little effort: github.com/Rucknium/xmrconsensus#ru…g-xmrconsensus-on-your-own-computer

i wonder if there are any actual DDoSers too

on the site too

<r​ucknium:monero.social> Probably not, but possible.

<i​cemonkey:tedomum.net> out of the loop, what's going on?

<h​bs:matrix.org> Was looking on xmrchain.ney at coinbase tx from our Qfellows, why is the amount idx showing as XXXX of 650760 when all other coinbase tx are shown as XXXX of 0?

<h​bs:matrix.org> Was looking on xmrchain.net at coinbase tx from our Qfellows, why is the amount idx showing as XXXX of 650760 when all other coinbase tx are shown as XXXX of 0?

<d​ufebo98:monero.social> is there a new CCS for updating ming algo? I can donate

the mining algo is fine

well, at least it still fulfills ASIC-resistance

want to donate to a CCS? here you go ccs.getmonero.org/funding-required

<d​ufebo98:monero.social> Sorry i mean a new update to resist 51% attack

:)

icemonkey: cointelegraph.com/news/monero-qubic-selfish-mining-51-percent-attack

<e​longated:matrix.org> No such update coming

<e​longated:matrix.org> Yes, botnets are securing the network so well

<u​nt0ld:matrix.org> pow+pos wen?

we need more botnets

i mean

more miners

yes but don't join or stay in the biggest pool :)

<e​longated:matrix.org> Yes, we need kim to rally their forces

<1​7lifers:matrix.org> noo

<1​7lifers:matrix.org> just be a russian pool owner

<1​7lifers:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/THwiJLQDwFCzSNxuEcSjmIAf

<1​7lifers:matrix.org> + ibb.co/dw3X5P6z

<t​esttank:matrix.org> This is the schedule of when Qubic plana to start mining xmr again, so if you plan on renting hashpower it’s best if you do it during those times:

<t​esttank:matrix.org> Thursday 12H UTC - Friday 12H UTC

<t​esttank:matrix.org> Saturday 12:H UTC - Sunday 12H UTC

<t​esttank:matrix.org> Monday 12H UTC - Tuesday 12H UTC

wht if they're trying to trick us into not mining

<t​esttank:matrix.org> Idk but i swear if I see another Twitter post saying that monero got sucessfully 51% attacked im gonna kms

they're always gonna say that shit lol

whether it works out or not

<1​7lifers:matrix.org> noo

<1​7lifers:matrix.org> dont want u to die ;-;

If there have been reorgs of 6+ blocks, then perhaps it makes sense to require 5x the confirmations, meaning 30+ confirmations, to consider your incoming Monero to truly be your own.

<h​ardenedsteel:monero.social> going with asic pow can be discussed

why

one of XMR's features is its ASIC resistance, going with a PoW that's more relaxed for it sounds counter-intuitive

<h​ardenedsteel:monero.social> asic resistance (were) for decentralization

<h​ardenedsteel:monero.social> then why PoS?

ASIC PoW will up the bar way too high

making it unfeasible for the average person to mine XMR, while centralizing the currency around only the few who can afford the ASIC equipment to do so

<h​ardenedsteel:monero.social> subjective statement

switching to a more relaxed algorithm would actually make the problem worse, since nobody can feasibly mine against the bad actors who can afford the ASICs

<h​ardenedsteel:monero.social> it will be tradeoff, it requires a lot investment, which sets the higher requirements for attacks

<h​ardenedsteel:monero.social> and the person who invested in mining would be risking losing their money

they will not lose their money

there are countless other currencies that may use the same algorithm

so they'll repurpose the chip

<h​ardenedsteel:monero.social> their profitability will wary a lot.

<h​ardenedsteel:monero.social> u can only repurpose chips that are FPGA.

i meant reuse the chip for another currency that uses the same algo

Argon2 hash can be tuned.

<h​ardenedsteel:monero.social> think about bitcoin u have 51% of the hashrate

<h​ardenedsteel:monero.social> which other coin are u gonna mine?

who is gonna be making the ASIC?

<h​ardenedsteel:monero.social> no clue

exactly

<h​ardenedsteel:monero.social> it doesnt mean no one

ASIC PoW is no better than PoS

only the richest can actually benefit

<h​ardenedsteel:monero.social> ASIC PoW requires long term investing unlike PoS

<h​ardenedsteel:monero.social> u're "staking" the mining devices not the coins itself

"it doesnt mean no one" but it does mean somebody with enough motivation to design and manufacture them (like contractors on behalf of governments) can have a easier time

attacking the network

<h​ardenedsteel:monero.social> mining devices are not fungible

ASIC PoW requires one upfront giant investment

which is like R&D and shit

and after that

it's very VERY cheap to manufacture the chips

a person with enough money can easily order giant bulks of the chips after designing them

the cost to do R&D, design and test these ASIC miners is a mere tax write-off

<h​ardenedsteel:monero.social> how current situation differing from this?

it's harder to audit ASIC chips too btw, unless you're willing to buy sulfuric acid, hazmat suit and an electron microscope

who knows if an ASIC manufacturer put a backdoor inside the chip that could completely kill it

<x​mrscott:monero.social> In the coming hours certain rooms will be briefly unavailable as server and rooms are upgraded to newer versions

<x​mrscott:monero.social> @room ^

hardenedsteel: currently there is a way to cheaply fight back

<e​xplodius:matrix.org> Mine harder?

but if the attacker was using large quantities of ASIC chips, it would be unfeasible to fight back without running your back account dry, and it'll be very much centralized under ASIC manufacturers

(the ASIC manufacturers can price-fix to make mining back much harder)

it's not exactly cheap to make your own ASIC

explodius: yeah that, it's easy to fight back for the average person

<e​xplodius:matrix.org> I just set up an old pc to constantly mine on p2pool mini. getting about 2100 h/s on it right now

<1​7lifers:matrix.org> YES

<3​21bob321:monero.social> That's what she said

also RandomX is a very good PoW algorithm, i don't want the efforts behind that to be completely wasted lol

<1​7lifers:matrix.org> \>.<

321bob321: why :(

<1​7lifers:matrix.org> everyone go build botnets to xmrig in megahash ranges

<1​7lifers:matrix.org> lol

<1​7lifers:matrix.org> not saying its ez but yk...

<h​ardenedsteel:monero.social> CPU manufacturers are not much different?

CPU manufacturers have to sell to all kinds of people

the only consumer base for ASIC manufacturers are miners

so they can't just up the price on you just because of monero

<h​ardenedsteel:monero.social> thats true for now, if monero scales in the future it will change but anyways thats offtopic

<3​21bob321:monero.social> Wonder what will happen when quantum CPU start mining

can a quantum computer even emulate a CISC CPU?

at a good performance?

<3​21bob321:monero.social> Dunno

<3​21bob321:monero.social> Has it been tested yet

i'd like to have a RandomX CPU

like i know it would be a terrible CPU in modern standards, but it's nice

<1​7lifers:matrix.org> the all-new RandomX Dragon-1 cpu

<1​7lifers:matrix.org> offering 500 kH/s in just 35 watts

<u​nt0ld:matrix.org> asic pow is just worse pos. both impose an entry bar but pos needs no special hardware that can be singled out to ban or seize. i support randomx+pos or even full pos before asic pow.

<u​nt0ld:matrix.org> PoS stake can be duration locked too, right?

<g​ingeropolous:monero.social> so is qubic still happening, or is ot over

<b​awdyanarchist:matrix.org> Likely they're going to continue trying for as long as they can. My theory now is that they're propping up the Qubic token as means of subsidizing their mining malincentives.

<b​awdyanarchist:matrix.org> Basically these mining antics arent in their _mining_ economic best interests. It costs them money to do this. And they pay pool rewards in their token which trades much higher than their mining rewards. It's not unlike how they probably used the Bitmain miner to slowly cover their shortfalls during the withdraw shutdowns that started in 2021.

<v​tnerd:monero.social> The miners in the pool get paid in their token not xmr. This token likely has low liquidity, so the usual shenanigans are expected

<v​tnerd:monero.social> Whoops you just said it

<h​ardenedsteel:monero.social> they claim their pool is more profitable than XMR, miners can mine on there then convert it back to XMR with more coins?

<b​awdyanarchist:matrix.org> Not if you cant withdraw XMR after converting your Qubic

<h​ardenedsteel:monero.social> why u cant? do you mean CEXs?

<b​awdyanarchist:matrix.org> It's a question of, where can you convert your Qubic, and did that exchange shutter XMR withdraws. Otherwise you're going to have to convert to some other coin, withdraw, and then convert somewhere else that does have withdraws open.

<b​awdyanarchist:matrix.org> But yes, ultimately, propping up their token like this will ultimately cost exchanges and/or Qubic money to do.

<h​ardenedsteel:monero.social> mining cost + hardware cost + cost of other miners

<h​ardenedsteel:monero.social> > The experiment was a strategic, and at times combative, application of game theory. Previously, Qubic would sell all mined Monero for USD, then use the proceeds to buy and burn Qubic tokens to reduce the circulating supply.

<h​ardenedsteel:monero.social> this statement is illogical

<b​awdyanarchist:matrix.org> I think their gambit is that it will support their financial interest, by encouraging plebs fearful of a 51% against Monero, to instead to buy any one of the shitcoins they printed for free.

Hard reality is never illogical.

i support in making mining waste more bandwidth

g​ingeropolous: It looks to still be happening. The Unknown pool percentage climbed from 23% to 24%.

like seriously, if you make mining waste much much more bandwidth, pools will actually lose more money

so they either have to increase fees, or it'll be unprofitable

while p2pool remains 0% fees

<r​avfx:xmr.mx> p2pool have 0% fee but you endup with plenty output to consolidate, so you lost some on that side

<e​ddie:oblak.be> So far I haven't seen DNM's switch to accepting qubic 😉

<e​ddie:oblak.be> I think randomx and asic resistance is what makes monero a truly great currency "of the people".

<e​longated:matrix.org> Get outside your basement, it’s not always about dnm

<e​ddie:oblak.be> Lol

<e​longated:matrix.org> Yes truly great atleast for Botnets

<e​ddie:oblak.be> The fact that the bar is low to mine it is in my opinion not a bad thing.

<e​longated:matrix.org> Yes it pretty much impossible to profitably mine xmr

<e​longated:matrix.org> Keep low bar is to allow botnets

<e​longated:matrix.org> Keeping low bar is to allow botnets

<e​longated:matrix.org> Even increasing ram requirements would have killed many botnets, but hey ppl can’t buy ram 🤣

<e​longated:matrix.org> Allow botnets and get cum in face

<e​longated:matrix.org> Rant over for the day gn

<e​ddie:oblak.be> Yeah, well I am not saying nothing could/should change

<e​ddie:oblak.be> but switching to pos or asic just sounds like a bad idea to me because monero would lose its democratic appeal

<e​longated:matrix.org> It’s not going to change, ppl in charge run botnets

<e​longated:matrix.org> Someone mines in a cpu (RISC-V) quickly makes changes to brick it with randomxv2 , I mean seriously how obvious can it get

<e​longated:matrix.org> Someone mines with a cpu (RISC-V) quickly makes changes to brick it with randomxv2 , I mean seriously how obvious can it get

<e​longated:matrix.org> If every xmr goes up, I will dump all my coins and never look back to this botnet loving centralised core

elongated: better than ASICs :P

<e​longated:matrix.org> Yah for botnet operators, atleast I could go and buy asic to mine ltc

<e​longated:matrix.org> 😴

removing monero's ASIC resistance will kill the only way to get monero if it gets fully banned

you think customs won't notice a giant ASIC rig meant to mine monero?

<e​ddie:oblak.be> how much up should it get, it stood pretty high last month

i remember when XMR was just 170 dollars like

last year?

<e​ddie:oblak.be> monero is not a number go up investment, you should buy it to spend it

this

<e​ddie:oblak.be> or mine it to spend it ;)

XMR is not some cryptobro investment currency

otherwise you'll be very disappointed

it's a.. currency

<e​ddie:oblak.be> and still it's up a gazillion percent since inception, so where the moonboys a bit late to the party?

monero holders are not happy with recent situation ...

but overall its still good bcz last year it was ~170

why are you holding monero

<e​ddie:oblak.be> if "holding" means you keep it for 2-3 years, you're still thinking short term

that's like holding US dollars in a chest

for a few years

so you can sell the dollar bills into your country's own currency

<e​ddie:oblak.be> I wouldn't compare it to dollars honestly, more like a commodity

but honestly you get what i mean

treating XMR as something beyond just a currency to spend

<e​ddie:oblak.be> You can do a bit of both

<e​ddie:oblak.be> If monero holders that aren't happy with the situation because the price drops don't understand investing. If they really believe monero has value they should buy some more right now

<e​ddie:oblak.be> I didn't mean to write the "if" in front, but I won't edit it to not spam the IRC channel 😂

people think this is gonna kill monero lol

a 51% attack is not the end of the world

I remember one guy joined this chat with words "I bought some xmr because it's safe heaven"

now this guy will doubt to say something like this tbh

to me, xmr is a safe haven

because it's a currency that i can use to pay for stuff over the internet

not because i'm interested in what moonboys said what was "bearish" or "bullish"

<d​roid192:matrix.org> NEVER use pos; it roped Zcash; XMR ftw NO POS!!! stop fearmongering

calm down

<e​ddie:oblak.be> it's still a safe heaven if you just keep calm and hold your monero close. At the moment it might just take a bit longer before a transaction is fully confirmed and that's about it.

<d​roid192:matrix.org> parker

<d​roid192:matrix.org> 1) Encouraging more people to use p2pool (upstream github.com/SChernykh/p2pool…, but I'm sure there's better methods) even those with limited hash power.

<d​roid192:matrix.org> 2) Discussing a secondary component to the consensus layer, though I'd find this messy and unfortunately unlikely to gain support.

<d​roid192:matrix.org> 3) Changing from RandomX to an algorithm which is less optimal on hardware people are more likely to build server farms with.

point 3 makes no sense

RandomX is already near impossible to implement in FPGAs/ASICs, and very inefficient in GPUs

<d​roid192:matrix.org> *laughs

so that only leaves CPUs

should we bang together stones to mine a coin?

i don't know how you'd make an algorithm that is intentionally inefficient in CPU server farms

<o​frnxmr:xmr.mx> "should we bang together stones" << stealing ideas from nano?

monero devs will propose a new mining algorithm

you have to buy a pickaxe at your local home depot

and mine in a cave for monero