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/XMR/ General - Debut on Plebbit Edition


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File: wine.jpg (image, 760x1000)
### Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier to entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward gradually approached 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: https://moneroj.net

USE Monero: https://monerica.com

OFFICIAL WEBSITE - https://getmonero.org
>>
FPBP - Let's go

Can somebody share all the sites that accepts xmr?
>>
>>1952
the best directory is https://monerica.com

they also list other directories: https://monerica.com/#other-directories-business-directories
>>
Wow this is awesome, plebbit is the rightful home for XMR discussions.
>>
File: Xmr_logo.png (image, 376x384)
hello and welcome all monero extremists
>>
File: cactus-bounty.jpg (image)
in honor of the first ever XMR general thread the people of Psychic Garden would like to offer a .2 XMR bounty finder's fee.

we need Shulgin's Trichocereus cactus.

it's not just any Trichocereus, it's a cut from Alexander Shulgin's garden, the legendary chemist who created dozens of psychedelic compounds for the world like 2ce and 2c-d.

this man is a legend and deserves a nobel prize in chemistry.

anyway we're looking for this cactus. we like the cactus.

all you need to do is find a seller of the cactus for me and you earn the finder's fee. we of course need to vet the validity of the seller and the seller needs credibility (i.e. we need to believe it's actually a cut from Shulgin's garden).

serious contenders let me know or post on the psychic garden.
>>
>>1962
Monero going up while the rest of crypto is crashing...any idea why? Maybe people moving funds due to the Telegram arrest?
>>
Oh based. I used monero yesterday to buy some vpn credit.
>>
>>1968
bitcoin privacy basically died earlier this year when the samourai devs were arrested and wasabi shut down their coordinator.

i think people that need privacy saw monero as the best (well, better) alternative.

if you look at stats from coincards for example, monero makes up the largest percentage of their volume now.

also, binance who (probably) ran the largest fractional reserve system for monero, delisted it a few months ago, so we aren't as affected by their market manipulation anymore.
>>
based
>>
Chainalysis is trying to take the leaked video of their tracing tool offline everywhere. They even removed it from archive.org

You can download it from an I2P torrent: http://tracker2.postman.i2p/index.php?view=TorrentDetail&id=79910

If you're a noob, MentalOutlaw recently made a video on how to do that: https://www.youtube.com/watch?v=FNp0TRDG0BQ
>>
>>1998
Thanks for those insights!
>>
>>2016
What’s told in the video, in short?
>>
>>2019
TikTok brain nigger
>>
>>2021
No quite the opposite. Why would I click on anything from YouTube/TikTok/Instagram/Twitter? Not only do they block my VPN, it fuels the corporate machine and the content would likely rot my brain. But if your summary of the video seems highly intelligent, I might make an exception. That said your response tells me that your IQ is probably room temp level. As can be expected from someone getting their “knowledge” and “info” from the most garbage source possible (a YouTuber).
>>
>>2019
They basically are able to trace some Monero transactions with the help of malicious remote nodes.

It's not specifically mentioned in the video but they did hijack DNS entries of previously trusted nodes to infiltrate wallets that used them (for example CakeWallet had one) which made their whole operation much more effective.

Through that they are able to know which IP addresses some transactions originate from, assuming they didn't use Tor or a VPN. Their database also includes exchange outputs with which they can eliminate decoys from other transactions (since they can confirm with the exchange that certain outputs in a ring are not spent/spent in another transaction), but also many other heuristics like co-spends.

In one of the examples they gave, they could pretty reliably follow the flow of funds, with many mixins eliminated and IP address correlation until they found a spend that had the target's original IP address exposed to their fake node and interacted with a centralized exchange in the past which of course they can subpoena information from.

This is basically a combination of a black marble attack (the black marbles being the exchange outputs) and bypassing of Dandelion++ with their fake nodes.

However, they also admitted that Monero is at the forefront of blockchain privacy and hard to trace even with their techniques and I presume they picked an example beforehand to not embarrass themselves. Still it shows that FCMP is very much needed.

The lesson is, run your own node, and at least use Tor to broadcast transactions.

https://github.com/monero-project/monero/blob/master/docs/ANONYMITY_NETWORKS.md
>>
>>2023
I wrote you a response yesterday and it never posted. It was long and I don't remember it all. But basically I wanted to give you a big thanks not just for the thorough answer, but for boosting my faith in Plebbit by seeing what you wrote. It's so rare to get more than a smart one-liner on here and anywhere on the internet. Gone are the days of being helpful by sharing knowledge on the internet with strangers. Now it's just name-calling and empty answers. So thank you for the most refreshing post I've seen on any board in a long time. It makes me think there are some intelligent, communicative people on here who can make this place worthwhile beyond shitposting.
>>
>>1981
based. hodling is great, spedning is better. that's how we bootstrap the circular economy

image
### Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier to entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward gradually approached 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: https://moneroj.net

USE Monero: https://monerica.com

OFFICIAL WEBSITE - https://getmonero.org
FPBP - Let's go

Can somebody share all the sites that accepts xmr?
>>1953
>>1952
the best directory is https://monerica.com

they also list other directories: https://monerica.com/#other-directories-business-directories
Wow this is awesome, plebbit is the rightful home for XMR discussions.
image
hello and welcome all monero extremists
image
in honor of the first ever XMR general thread the people of Psychic Garden would like to offer a .2 XMR bounty finder's fee.

we need Shulgin's Trichocereus cactus.

it's not just any Trichocereus, it's a cut from Alexander Shulgin's garden, the legendary chemist who created dozens of psychedelic compounds for the world like 2ce and 2c-d.

this man is a legend and deserves a nobel prize in chemistry.

anyway we're looking for this cactus. we like the cactus.

all you need to do is find a seller of the cactus for me and you earn the finder's fee. we of course need to vet the validity of the seller and the seller needs credibility (i.e. we need to believe it's actually a cut from Shulgin's garden).

serious contenders let me know or post on the psychic garden.
>>1968
>>1962
Monero going up while the rest of crypto is crashing...any idea why? Maybe people moving funds due to the Telegram arrest?
>>1998
Oh based. I used monero yesterday to buy some vpn credit.
>>2114
>>1968
bitcoin privacy basically died earlier this year when the samourai devs were arrested and wasabi shut down their coordinator.

i think people that need privacy saw monero as the best (well, better) alternative.

if you look at stats from coincards for example, monero makes up the largest percentage of their volume now.

also, binance who (probably) ran the largest fractional reserve system for monero, delisted it a few months ago, so we aren't as affected by their market manipulation anymore.
>>2018
based
Chainalysis is trying to take the leaked video of their tracing tool offline everywhere. They even removed it from archive.org

You can download it from an I2P torrent: http://tracker2.postman.i2p/index.php?view=TorrentDetail&id=79910

If you're a noob, MentalOutlaw recently made a video on how to do that: https://www.youtube.com/watch?v=FNp0TRDG0BQ
>>2019
>>1998
Thanks for those insights!
>>2016
What’s told in the video, in short?
>>2021>>2023
>>2019
TikTok brain nigger
>>2022
>>2021
No quite the opposite. Why would I click on anything from YouTube/TikTok/Instagram/Twitter? Not only do they block my VPN, it fuels the corporate machine and the content would likely rot my brain. But if your summary of the video seems highly intelligent, I might make an exception. That said your response tells me that your IQ is probably room temp level. As can be expected from someone getting their “knowledge” and “info” from the most garbage source possible (a YouTuber).
>>2019
They basically are able to trace some Monero transactions with the help of malicious remote nodes.

It's not specifically mentioned in the video but they did hijack DNS entries of previously trusted nodes to infiltrate wallets that used them (for example CakeWallet had one) which made their whole operation much more effective.

Through that they are able to know which IP addresses some transactions originate from, assuming they didn't use Tor or a VPN. Their database also includes exchange outputs with which they can eliminate decoys from other transactions (since they can confirm with the exchange that certain outputs in a ring are not spent/spent in another transaction), but also many other heuristics like co-spends.

In one of the examples they gave, they could pretty reliably follow the flow of funds, with many mixins eliminated and IP address correlation until they found a spend that had the target's original IP address exposed to their fake node and interacted with a centralized exchange in the past which of course they can subpoena information from.

This is basically a combination of a black marble attack (the black marbles being the exchange outputs) and bypassing of Dandelion++ with their fake nodes.

However, they also admitted that Monero is at the forefront of blockchain privacy and hard to trace even with their techniques and I presume they picked an example beforehand to not embarrass themselves. Still it shows that FCMP is very much needed.

The lesson is, run your own node, and at least use Tor to broadcast transactions.

https://github.com/monero-project/monero/blob/master/docs/ANONYMITY_NETWORKS.md
>>2029
>>2023
I wrote you a response yesterday and it never posted. It was long and I don't remember it all. But basically I wanted to give you a big thanks not just for the thorough answer, but for boosting my faith in Plebbit by seeing what you wrote. It's so rare to get more than a smart one-liner on here and anywhere on the internet. Gone are the days of being helpful by sharing knowledge on the internet with strangers. Now it's just name-calling and empty answers. So thank you for the most refreshing post I've seen on any board in a long time. It makes me think there are some intelligent, communicative people on here who can make this place worthwhile beyond shitposting.
>>1981
based. hodling is great, spedning is better. that's how we bootstrap the circular economy