ride
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Joined 2 years ago
Cake day: August 14th, 2023
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3·7 days agoWith over 11 years of history, we can now say with certainty that Monero was started by individuals. Over time, autonomous systems, scripts and high-performance computers have also played a part, albeit a small one. As long as we have XMR in our private wallets and use them, we are already participating in the Monero system. Operating a network node ourselves and, at best, connecting our wallets to it is a further step that allows the individual to become a large part of the system. Anyone who also mines with their computer actively participates in the consensus logic and helps the entire network. And anyone who actively participates in the community and tells others about Monero is definitely also an important part of Monero.
Monero recomended wallets:
It is best to stick to the suggestions on the official website getmonero.org
- Monero CLI and GUI Wallet
- https://www.monerujo.app/
- Cake Wallet
- Edge App
With every use of Monero we show that we are against surveillance, control and paternalism of states and institutions. Monero is for the individual, for the single person.
Never Meant to Be Controlled — So Why Are We Letting It Happen?
Monero is permissionless. Nobody has to ask to participate in the system. If, for example, Microsoft or Amazon decide to mine XMR on all their instances next week, nobody can or should do anything about it. See it as a accolade if others turn to Monero and, however, take advantage of it and actively use the system.
You are spreading salty untruths. Are you sad now because in this case their communication was obviously not perfect? No problem.
use cakepay.com
I watched the video. You should view this gentleman’s opinion with skepticism and not share and spread it. It only unsettles technically inexperienced users, who most likely do not increase the security level in the Tor browser anyway. This has been discussed, so the majority of users never adjust the security slider in the Tor browser. And now only the Tor Browser user’s operating systems are recognizable for visited websites. So Linux, Mac, Windows, not every system is always spoofed as Windows anymore. This was a conscious decision by Torproject. You shouldn’t put the opinion of a guy on Youtube above the competence of the developers.
This news is definitely not all positive, but should be viewed with skepticism.
Please remember to use two wallets: One for receiving XMR and another for sending/paying. Only use the wallet for receiving XMR to top up the other payment wallet. The receiving wallet is never used to send to other wallets and the address is never published. - Two Wallets Increase Your Privacy
In their proof of concept, they show that they can use their computing power to mine Monero during idle times.
There is no attack, it just makes other pools less profitable because they have a lot of computing power. And no, the display is not incorrect, it just fluctuates a lot.
I only see it as positive! It brings variety to the existing mining infrastructure and makes Monero’s widely distributed system that little bit better.
Makes the traffic pattern statistically indistinguishable from honest noise.
That sounds very interesting to me. Presumably certain network participants already stand out from the crowd. These can be external factors or internal ones. For example, could the transaction propagation of devices with weak computing power already be identifiable as such? Or those of a particular internet provider?___
Be careful when recommending third-party websites!
You don’t know what happens to the metadata.
Newcomers in particular may not know how to successfully protect themselves when they visit such websites.
Established large providers such as Cake, Edge or Kraken can be recommended without a link.
External sources are always vulnerable.
It’s still there for them to use if they want.
Already? No, not yet.
But it’s really nice to see the recent spikes in usage. Some people are exchanging high values in other currencies for XMR. The wonderful thing is that all users of the Monero network are treated equally.
Yes, I missed the point.
No big surprise. What is Switzerland known for throughout the world? For its anonymous accounts. Monero replaces what Switzerland has gained worldwide fame for.
«In der Schweiz sind anonyme Wallets gemäss Geldwäschereigesetz verboten. Die Sorgfaltspflichten verlangen, dass die Vertragspartei und der wirtschaftlich Berechtigte identifiziert werden.»
Wallet transactions can be made visible using keys.
Centralized exchanges collect vast amounts of sensitive data. When they get hacked (like Coinbase), your identity and finances are suddenly vulnerable.- decentralized exchange: retoswap.com
… maybe
- Large miners connect entire warehouses full of computers to the Monero network.
- The new Tari token also uses the Monero network for its consensus mechanism and increases the popularity of Monero. Even among long-established graphics card miners.
- The price increase boosts profitability and so more workers come to mine.
- The popularity of privacy increases as there is more and more surveillance, control and censorship by states. Privacy is also being talked about and worked towards in communities of other large networks, e.g. ADA and BCH.
- There is less Monero than there is Bitcoin and scarcity is popular due to the widespread HODL mentality.
- As the price rises, the ranking in many lists rises, which in turn attracts the attention of investors.
- Large sums are routed through Monero as it guarantees uncensorability due to its privacy. This was also the case recently with Bitcoin worth 330 million US dollars.
- Many online markets now only offer Monero, as it is untraceable and thus offers security for buyers and sellers.
The first time I used it, I found it inconvenient that the program had to be executed for it to work. But that’s the way it’s designed, as a program for decentralized trading that everyone who wants to use the system has to run. It should also soon be available for mobile devices. A decentralized trading platform for your pocket! Really fascinating and a vision of the future that has become reality!
I could send them some monero but they don’t seem to accept cryptocurrencies
😬 Credit Card and Paypal but no Monero @peertubecreator@lemmy.ml @peertubecreator@geekdom.social
If you are a miner yourself, use P2pool.io. It has some advantages over the pools as they used to be known. The decentralization makes it hard to block. Every operator helps. Also, P2pool has no fees or high withdrawal limits. GUPAX makes P2pool very easy if you only want to mine with a single desktop computer.