•Posted by1 year ago
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Monero
Posts
Communities
Posts about Monero
r/Monero
295k members
This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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r/xmrtrader
97.3k members
The official Monero trading subreddit. Discuss price movements, market dynamics, news, and trades involving Monero here.
Visitr/CryptoCurrency
6.8m members
The leading community for cryptocurrency news, discussion, and analysis.
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r/btc
1.1m members
When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became a community for free and open crypto discussion. This happened long before the creation of Bitcoin Cash.
Over the years /r/btc became community of historians & torchbearers, preservers of Satoshi's Bitcoin for future generations.
Visitr/LocalMonero
1.6k members
At LocalMonero.co, our goal is to establish a safe and easy-to-use person-to-person platform to allow anyone to trade their local currency for Monero, anywhere. Our users post advertisements specifying their preferred method of payment, other users reply to these advertisements, LocalMonero escrows the Monero from the user that is the Monero seller in a given trade and releases the Monero to the buyer when the seller confirms that they have received the payment from the buyer.
Visitr/MoneroMerchants
313 members
Help to get started with Monero, resources for Monero integrations for web shops and general discussion to improve user experience.
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r/moneromarket
5.1k members
A Reddit marketplace for buying and selling both Monero and items priced in Monero.
Visitr/MoneroTrader
142 members
Welcome to MoneroTrader, a price speculation based subreddit for our favorite cryptocurrency Monero (XMR).
While coins such as Bitcoin and Ethereum make massive strides into the future of decentralization, Monero focuses entirely on adaptable privacy to ensure our financial lives aren't at risk in a world of pure decentralized money.
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r/Aeon
5.5k members
Aeon (AEON) is a private, secure, untraceable currency. You are your bank, you control your funds, and nobody can trace your transfers.
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r/ExodusWallet
30.8k members
Welcome to r/ExodusWallet! This is the sub dedicated to the discussion of the Exodus cryptocurrency wallet. For official wallet support, please email support@exodus.com. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Remember: Exodus will NEVER ask you for your 12-word phrase, keys, or identifying information. Exodus will NEVER send you to another website to do any kind of updates except for our official website at www.exodus.com.
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r/monerochan
983 members
A subreddit dedicated to sharing artwork of sweet lady monero chan.
Please consider donating! Visit monerochan.art for more information.
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r/MyMonero
298 members
The simplest way to use the next-generation private digital currency Monero, at the sweet spot between security, convenience, and features
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r/AltStreetBets
57.2k members
Trading crypto with infinite leverage.
READ THE RULES
*near the bottom of this side panel
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r/TREZOR
50.3k members
Trezor is the world's original Bitcoin hardware wallet, protecting coins for thousands of users worldwide. What makes Trezor even better is the community behind it, gathered in this subreddit. Come here and find tips or assistance from your fellow community members.
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r/zec
22.8k members
Zcash is the first permission-less, decentralized, and open sourced cryptocurrency that can fully protect the privacy of user wallet holdings and transactions, while providing an encrypted memo character field, using zero-knowledge cryptography.
Zcash is viewed as an improvement over other cryptocurrencies, such as Bitcoin or Dogecoin, which expose the user's complete wallet balance and payments history to the on the public ledger.
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r/mexico
1.3m members
Bienvenidos a la casa de los mexicanos en Reddit. Una comunidad para todo lo que tiene que ver con México y lo que le interese a sus usuarios. Te invitamos a leer las reglas de la comunidad y a convivir con los demás.
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r/CryptoCurrencies
381k members
We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more!
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r/tails
97.1k members
Tails is a live operating system aimed at protecting your privacy and anonymity that you can start on almost any computer from a USB stick or a DVD.
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r/PirateChain
6.2k members
This is the official subreddit of Pirate Chain (ARRR), a 100% private send cryptocurrency. It uses a privacy protocol that cannot be compromised by other users’ activity on the network. Most privacy coins are riddled with holes created by optional privacy. Pirate Chain uses zk-SNARKs to shield 100% of the peer-to-peer transactions on the blockchain making for highly anonymous and private transactions.
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r/ethtrader
2.3m members
Welcome to /r/EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology.
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r/cakewallet
2.5k members
Official SubReddit of Cake Wallet. Cake Wallet is a Monero, Bitcoin, and Litecoin Wallet for iOS and Android.
Join for news, support, and general chat. To download the wallet, go to https://cakewallet.com
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768
•Posted by3 years ago
Archived
When looking for a coin that is undervalued, then look no further than Monero.
Monero Succeeds At What It Does Best:
Many people like to jump to conclusion and say "it is used for drugs". Monero has no control over what its currency is used for. Monero was made to be private money. Because it succeeded at its privacy features, it started getting used for illicit activities. I do not condone those illicit activities. But that should definitely tell you something. It is really good at what it does.
Digital Fungibility Is Important For Cryptocurrencies:
Monero has default privacy. Why is that important? Default privacy enables digital fungibility. What does digital fungibility mean? Considering tracing companies are doing there best to improve, there are many cases where users get their bitcoins frozen on a centralized wallet or exchange because they didn't like the fact they used those bitcoins in a gambling site. Or simply someone bought the wrong persons bitcoins, because they had no idea what they used it for before. Now imagine being innocent, and losing your funds because of that. A fungible cryptocurrency will make it impossible to taint a cryptocurrency. So 1 XMR will always equal 1 XMR, no matter what it was used for.
Millions of dollars spent on violating your crypto-privacy:
Institutions and corporations spend millions (possibly billions) of dollars building the best software and analytics to track cryptocurrencies. They succeeded in all cryptocurrencies, but one. Monero. If that is not bullish, then I don't know what is. Forget what the media tells you about it, think about the dedication put into it.
Monero has the third most number of contributors:
Now where does that dedication come from? It comes from over 250 contributors in the Monero project. Monero has the third most number of contributors (first place: bitcoin, second: ethereum). Every time there was an technical issue, the monero developers immediately fixed it. All these contributors are working extra hard to provide privacy based cryptocurrency that people can rely on. It can be innocent people from third world countries with a suppressing government.
Average 2 minutes block-time:
Using Monero is awesome too! Average block time is 2 minutes, much lower than majority of currency-based coins.
It costs pennies to transact in Monero:
The fee's are extremely low, and do not increase to unreasonable amounts because of sudden usage. The average fees is $0.02 to $0.10.
Price action:
Since many of you seem to be focused on the price these days. Here is the outlook right now. Most of the pressure is coming from the $200 sell wall. Once XMR buying power breaches that wall, the momentum should start to pick up like the rest of the market.
I honestly feel that Monero can easily be priced at $500 to $600.
Monero (XMR):
The initial mission for Monero is to create a secure and private cryptocurrency, and they continue to succeed on developing such a cryptocurrency.
EDIT BELOW: I am going to add more things to this post because some users mentioned more things that make it undervalued:
Monero Atomic Swaps coming soon:
BTC/XMR swaps are in the works: https://www.reddit.com/r/Monero/comments/i1fknt/ccs_results_monero_atomic_swaps_research/
Mining is decentralized:
Monero is ASIC resistant!
Grayscale is looking into listing a Monero Trust:
This will bring massive amount of demand for XMR.
EDIT: Wow this post blew up! Thank you for all the awards!
768
579
•Posted by2 years ago
Archived
You would see that this has been doing rounds now since recently. MineXmr (a supposedly infamous) mining pool, now owns 52% or more of network's hashrate. Know that Monero mining is special and has been touted to be more decentralized as it supports CPU mining, which has been the case so far. Even China's infamous ban, did not bring down network hashrate, just like it did to Bitcoin's 50% dip in hashrate.
However, in the past 24 hours alone, there has been close to 15% jump in the hashrate from 44% to 52% odd at mineXmr. This does not seem normal and has now become a major point of discussion that it could be seen as a deliberate attack on the network to double-spend.
The major problem is, the amounts spend/received cannot be deciphered, given it remains hidden on the Monero blockchain. Once hashrate has crossed 50%, anything is probable.
The ONLY trust factor is MineXmr owner remains loyal to the blockchain. Trustless has now become - trustful. And he is not willing to bog down, and he does not care and is willing to keep adding more hash power to his pool's throughput.
Really Sad!
More more info, read here:https://www.investopedia.com/terms/1/51-attack.asp
EDIT1: 51% Attack Real-World Examples
Krypton and Shift, two blockchains based on Ethereum, suffered 51% attacks in August 2016.
In May of 2018, Bitcoin Gold, at the time the 26th-largest cryptocurrency, suffered a 51% attack. The malicious actor or actors controlled a vast amount of Bitcoin Gold's hash power, such that even with Bitcoin Gold repeatedly attempting to raise the exchange thresholds, the attackers were able to double-spend for several days, eventually stealing more than $18 million worth of Bitcoin Gold. Bitcoin Gold was hit again in 2020.
Recently, the Bitcoin SV (BSV) network suffered an attack in August 2021.
EDIT2: An important comment by MaZZeL3L:
Yeah 51% attack is not a healthy thing and I wouldn't accept any payments as final until a few blocks of confirmation but right now there's no real threat to the anonymity of transactions, nor the amount of coins in existence. they can't change consensus either.
EDIT3: BEST explanation by u/cndvcndv
If the miners keep that going, it's not gonna be great for them at all. No one will accept to get paid by XMR even for trades. That would cause the price to drop and reduce their profits. That's really reckless.
From the perspective of other miners, they might feel scared that their blocks will be kicked out of the chain. I hope that doesn't cause them to move into mineXMR. I don't know how one would break that positive feedback loop unless the price hits bottom.
I love XMR; it's sad to see that happening.
UPDATE & FINAL EDIT4:
Posting this latest update from Monero community Mod. Do read, please ignore current FUD.
https://www.reddit.com/r/Monero/comments/st40o0/psa_informational_thread_regarding_the_minexmr/
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•Posted by1 month ago
897
•Posted by2 years ago
After months of work, we are happy to finally make public Haveno, the Monero based Decentralized Exchange!
For now it's only a Proof of Concept and the interface is still Bisq, but the base mechanisms are there and developers can already test XMR <-> Crypto trades!
Repository: https://github.com/haveno-dex/haveno
What's happening?
The calls for a native, decentralized and private way to exchange Monero for fiat currencies and other cryptos have been heard! Haveno is a fork of the Bisq exchange, a decentralized exchange used to trade Bitcoin for national currencies and other cryptos. Haveno is based on Monero, making it more private and cheaper than Bisq (more info in the README of the repository.
Haveno uses peer-to-peer networking and multi-signature escrow to facilitate trading without a trusted third party custodian. Disputes can be resolved using non-custodial arbitration.
The project has a core team, at the moment composed of myself (ErCiccione) and Woodser, the lead developer.
What's the status of the project
The platform has a long road to go before being available for public use. As said, the PoC is ready, but everything else needs to be done. We are tracking development using GitHub's issues and projects. Please take a look at the 'Status of the project' section of the README, but basically the most important tasks we are working on are:
We need a logo. Right now it's a random stock image (#1)
The User Interface is basically still Bisq. Needs to be completely reworked and adapted for Monero as base currency (https://github.com/haveno-dex/haveno/projects/2). We are already in contact with an interested designer, but nothing has been decided yet.
Clean-up the repository from Bisq-specific content (https://github.com/haveno-dex/haveno/projects/1)
How can the community help?
Now we badly need:
Contributors
Funds
If you can help in any way, please let us know. Right now we mostly need coders (Java), network experts (for the underlying P2P/Tor infrastructure) and designers, but any help in any field would be really appreciated. Just contact us and let's build Haveno together!
Funds are also fundamental at this stage. If you can, please sponsor or donate to the project. We are thinking of incentive development through bounties, but we will also need funds to continue development. We are also considering opening a CCS proposal, but that will be decided later on, also depending by how much funds we are going to get without CCS.
Where are we?
The haveno-dex GitHub organization is our base. The main repository where the code sleeps is haveno, but we also have a haveno-meta repository, used for proposals and project-wide issues/features that need to be added/discussed.
We have two rooms on Matrix, where we discuss and coordinate:
Haveno (
#haveno:haveno.network- invite link: For general discussions about the project (relayed on Freenode:#haveno)Haveno Dev (
#haveno-dev:haveno.network- Invite link): For development related coordination and support (relayed on Freenode:#haveno-dev)
The question everybody want to ask
Yes, Woodser is already working in implementing atomic swaps for XMR <-> BTC trades on Haveno :)
We are very excited to finally go public and we are looking forward to hear your thoughts! :)
897
229
•Posted by9 months ago
We're extremely excited that Monero.com now supports purchasing XMR in the US!
What you need to know:
Residents in 40 US states can now buy XMR with Visa/Mastercard!
Most other countries can use this service too, with additional payment methods including SEPA, SEPA instant, SWIFT, and FasterPayment
Go to Monero.com and click "Buy / Sell Crypto"
KYC (including ID) is required
Maximum limits of EUR 5000 (equivalent) per day, EUR 15000 per month
Estimated receive amount includes all fees
Yes, we will add this to Cake Wallet and the Monero.com app in a few months
Selling XMR to USD is not supported yet
States which are currently not supported: Alabama, Alaska, Hawaii, Nevada, New Mexico, New York, Rhode Island, South Dakota, Vermont, Washington.
Countries currently not available: Afghanistan, American Samoa, Anguilla, Crimea, Cuba, Fiji, Guam, Iran, North Korea (Democratic Republic of Korea), Palau, Samoa, Sudan, Syria, US Virgin Island, Yemen.
Countries temporarily not supported: Russia, Belarus, Ukraine, China.
Let us know what you think! We know this onramp option isn't for everyone, but we feel it's a great new service which will be useful to many people.
Edit: crypto to crypto trades on Monero.com do not require registration, same as before!
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