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154
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2 yr. ago

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  • 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.

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  • 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.

  • ... 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've just realized that there are actually around two thousand transactions in the TX Pool. If a transaction is to be faster, the fee must be increased. no of txs: 1952, size: 13484.91 kB

  • Blocks and transactions run as normal.

    Transaction pool https://xmrchain.net/

    If you use a remote node then make sure that it is reliable. If in doubt, use the one from hashvault pool for example.

    Enter the recommended block list if you are running a node.

  • So: stick with Monero. It is a common misconception that swapping back and forth makes sense. If you want to store value, you should store it in the more secure Monero and, if you need to use BTC, exchange the required amount into BTC at the time of payment.

    When exchanging BTC for XMR, it is a necessary evil that you have to use the BTC. But once you have exchanged them for XMR, you are on the safe side.

  • TL;DR

    Send your Monero from RetoSwap to another wallet from where you use it. Do not use it within RetoSwap for payments. Is that what it boils down to? Then I would like to remind you that in practice it makes sense to use two wallets. One for receiving and one for sending. The one for sending will be replenished by the one for receiving. https://monero.town/post/5701064

    • 014 MH/s - May 4th, 2025
    • 020 MH/s - May 5th, 2025
    • 077 MH/s - May 6th, 2025
    • 120 MH/s - May 7th, 2025 Average blocks Effort 091.57%
    • 193 MH/s - May 8th, 2025 Average blocks Effort 100.48%
    • 338 MH/s - May 9th, 2025
    • 266 MH/s - May 10th, 2025 Average blocks Effort 136.65%
    • 176 MH/s - May 11th, 2025 Average blocks Effort 120.78%

    https://p2pool.io/mini/#pool

  • Monero @monero.town

    P2P Economy - A Peer-to-Peer Electronic Cash System.

  • Monero @monero.town

    Monero holidays ✋ enable a ban list

  • Monero @monero.town

    How to withdraw XMR from Kraken?

  • Monero @monero.town

    BSA AML - The US Treasury’s Move - Crypto and Fiat

  • Monero Mining @monero.town

    ✋ node operators enable a ban list

  • Monero @monero.town

    ✋ node operators enable a ban list

  • Monero @monero.town

    Tornado Cash Court Ruling - Monero Hits $211

  • Privacy @lemmy.ml

    Take a break from Twitter

  • Monero @lemmy.ml

    Take a break from Twitter

  • Monero @monero.town

    Take a break from Twitter

  • Monero @monero.town

    P2Pool 50k Blocks Found

    xmrvsbeast.com /p2pool/
  • Monero @monero.town

  • Monero Mining @monero.town

    0% mining fees?

  • Monero @monero.town

    Use QR codes from sub-addresses to share your wallet.

  • Monero @monero.town

    Youtube Video Monero mentioned: 'Centralized exchanges and governments don't like what they can't control.'

  • Monero Mining @monero.town

    P2Pool fork October 12th, 2024

  • Monero @monero.town

    Gupaxx v1.5.1 important fixes

    github.com /Cyrix126/gupaxx/releases/tag/v1.5.1
  • Monero Mining @monero.town

    Gupaxx v1.5.1 important fixes

    github.com /Cyrix126/gupaxx/releases/tag/v1.5.1
  • Monero @monero.town

    eXMR - fraud

  • Monero @monero.town

    Fidelity hacked ($5.4 trillion asset manager)