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(6.06 KB 282x75 282px-Monero-Logo.svg.png)

Monero As the Internet's Currency Anonymous 04/18/2021 (Sun) 01:27:33 No. 3581 >>4080>>17734>>17996
There's many cryptocurrencies out there. But out of the many cryptocoins out there only one stands out, Monero. It's safe, secure, private, and anonymous and there has yet to be a government agency that can crack its code. It's also not handled by banks, payment processors, and credit card companies that may blacklist you for bullshit reasons. The promising technology of atomic swapping will also render crypto exchanges to be not needed as this will counter government regulations of asset exchanges. Also this cryptocurrency is the easier to mine compared to Bitcoin. So do you think Monero will see more widespread use in the future? Give your thoughts.
>this totally-not-a-shill post for Monero Anyway, I can't tell since I'm still a newfag to crypto and I haven't really bothered to sit down and look through information as to how it all works. I sure as shit like the idea of something that has as much utility as a debit card (being able to order products from far away without necessitating you leaving your house to physically arrive there) but more anonymous, but not do I not know how to transfer existing currency over to it (if possible), most places I'd use it with don't currently accept it, and due to it being a digital entity, it's only a matter of time (even if that matter of time could very well be decades into the future) before someone cracks it open and it becomes vulnerable to some sort of direct attack or have its supposed advantages in privacy, security, and anonymity rendered null.
>So do you think Monero will see more widespread use in the future? Not to the same extent as Bitcoin, simply because it isn't as transparent. That alone makes it the enemy of the regulators, blockchain analysis companies, and corporate shills that have done their best to undermine the privacy aspect of crypto. And since major exchanges are pressured not to list Monero, it's useless to normies too eager to stack sats at the expense of their anonymity.
>>3590 crypto is still in the "its a new thing" phase, so for now it's good for pump and dump, buy when below the medium then sell when the hedge fund faggots drive up the price. crypto will be worth something once enough people get blacklisted from banks. At that point the only cryptos worth using will be Monaro, for it's anonymity, Litecoin, for its speed, and bitcoin, for it's name and high value. Everything else is just a meme / pump-n-dump scam.
>>3603 meant median not medium
Doesn't Monero require burning electricity for no reasons like Bitcoin?
>>3616 Yeah, but as I understand it, the algorithm it uses for proof-of-work, is specifically designed to work well on normal computer hardware and to be resistant to specialized GPUs. Still not as good as something like proof-of-stake IMO, but better than bitcoin.
>>3600 >Not to the same extent as Bitcoin Does anyone actually use Bitcoin to buy shit? Last I heard the transaction fees were $60 and waiting period is 3 days
>>3752 No, it's deliberately designed for those holding to continually make money off idiots buying in and selling out. There was a "fork" years ago, which is where "BitCoin Cash" comes from. The Cash algorithm follows the original BitCoin protocol while BitCoin managed to steal the branding and fame and promised transaction fee profits to everyone mining and holding. Since the entire market was generated by get-rich-quick scammers they all quickly piled onto that and hyped it, and the sheep followed. If you want to spend it, use BitCoin Cash or one of the other currencies that doesn't have prohibitive transaction fees. All the ones that do are designed for pump & dump.
>>3581 (OP) Monero is Cringe - NSA Hipster twink.
>>4080 ok Anonymous
How do you get Monero in anonymous way?
>>4166 Local Monero Then run it through a mixer if your paranoid. Can finally deposit onto a hardware wallet
monero is alright, there are superior so-called "privacy coins" to monero though. dero, for example, is superior to monero both from a security as well as a capability standpoint. there are even still, others. i suppose it doesn't matter much though since adoption/use is the most important thing. that said, there are more than a handful of coins being traded on a site like tradeogre that are superior to monero
>>4265 >dero >a privacy-conscious smart contract blockchain That's neat. Maybe it will be possible to make a fully private algorithmic stablecoin. >An initial premine of 2 000 000 Dero Hmmm. >To fund development and marketing Maybe.
>>4265 >there are more than a handful of coins being traded on a site like tradeogre that are superior to monero Enlighten us a little, if you please
>>4265 >>4643 https://forum.dero.io/t/missing-dero-funds/1501 Have the devs been siphoning funds from brainlets who use the web wallet? Perhaps. Perhaps not.
>>3616 Yeah but it isn't as bad for the enviroment as they say it is,the study only counted the hours where products where on,that means that refrigerators and things like TVs which consume energy even on suspend aren't counted,also miners move to places where energy is cheaper(AKA renewable energy and wasted electricity).
New fag here, is there any application or code to make an online store with monero or a way of personalizing transactions such as messages ,the only transaction apps I see are proprietary or get a cut . I say this because now transactions depends in a lot of trust and isn't professional.If I'm a chair seller and I sell two chairs but there are three request how do I know who I send the chair to,not to mention that for what I know you can't just make a website where it register if someone has send you monero or not
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>>5345 bump for interest
Anyone use their wallet inside Tails? Wanted to buy some too but didn't find a way to do so anonymously.
psss OXEN
>>4256 >mixer Just don't. The currency by designed is meant to obfuscate the transaction. If you somehow fear that one transaction can be deanonimized then you could just set up another address to receive your own coin. But in that case if you fear the crypto has been broken? Outta luck son, make sure your transaction was legit, legal, and innocuous at that point.
>>5345 You can generate per-customer or per-purchase stealth addresses
Anon drags a mouse No (You) are really pathetic huh?
nvidia are killing gpu mining so its only before monero gets a pump and the golden age returns to cpus. I am fucking sick of crypto currency that are nothing and aren't privacy oriented and not decentralized. Monero is the only coin with an actual use and philosophy that crypto currency should be.
>>6012 No but I meant for online stores,like checking the money automatically or showing inside the website server as if someone (anonymously preferably) has paid or ,etc, vids,tutorials,forum about this?
How I earn XMR by sell stuff on Internet? Thanks.
>>5599 I'd launch tails. download the wallet for linux and run. recover or load from a usb or other disk holding your keys mounted in tails..
I think talking about Monero-relevant FOSS projects would help with awareness of Monero itself. Talking up its tech, philosophy, and differences from other crypto is good, but the biggest stumbling block seems to be showing people ways to use/earn it. https://github.com/tipxmr/tipxmr/ >For livestream tipping. Would be useful for streamers that won't or can't use anything tied to payment processors (camgirls, drawfags) https://github.com/haveno-dex/haveno >WIP P2P exchange in the fashion of Bisq, but built on Monero >>5345 >>7392 https://github.com/monero-integrations/monerowp https://github.com/xmrsale/xmrSale Might be useful
could a kind anon pls explain what prevents the government from hijacking moneros infrastructure like they did with tor? i understand it is technically possible to send monero privately between two computers you control, but is that useful if feds compromise the majority of the network?
>>7911 He who controls the hardware controls the software. Always. There is no code solution to the infrastructure problem.
>>8050 agree, how useful is your private anonymous internet money if globohomo simply blocks your internet access until you doxx youself? were not there yet but they absolutely can enforce that. >but i can self host monero services on my local private network! if you can only trade your monero locally then whats the point? just get physical silver/gold/food/ammo/water/whatever at that point
>>3619 literal poorfag understanding of internet money
>>4256 why would you ever need to use a mixer with monero retard
>>7392 moneromarket.io
BTC = Gold XMR = Penny
>>17344 BTC is a ponzi scheme that is waiting for its tragic end. Taking into account that as many as 86% of the coins never have been traded, which means some speculators have the upper hand to crash the value any time they want. Considering the huge amount of money involved, the custodians are not next door people at all, but institutional and governmental actors pre-positioned to cause political and economic chaos. Common sense says to look for alternatives backed by real tangible goods instead of fiat.
>>17344 Altcoins are pegged to bitcoin which in turn is pegged to the stock market. When one goes down they all go down. The crypto and blockchain tech is too much in its infancy to make greater assumptions like that. Monero's greatest asset is its anonymity technology which isn't just for cybercriminals or schizos, in the future when blockchain transactions are commonplace in business there's the problem that many of them can be publicly scanned which can turn into industrial espionage, and monero can solve that
>>3581 (OP) is there a replacement for /biz/ in this chan?
>>17351 >backed by real tangible goods so not money and harmless just like gold I'm not completely using btc as long as it doesn't have better privacy, but I'm not completely using xmr either because of its tail emission and auditability
>>17734 No. But if moonboys keep tf out of these threads, and most discussion on crypto tech was contained in generals then maybe they can actually have a place on /t/. Wishful thinking, i know.
>>3581 (OP) Monero is the only useful crypto
>>4265 >>4643 >>5245 Almost every coin suggesting to be better than Monero has been a scam of one type or another, or otherwise compromised in ways Monero is not (ie massive premines, algos that give ASIC or similar benefits, supernodes and other sorts of faggotry, smart contract bullshit which gets in the way of coin/currency focus etc). I've not found any over the years that seem worthwhile and that's before we get into shit like devs literally stealing from commonly used wallets and miners or faux setup forks for rugpulls etc.
I don't invest in crypto. I use Monero as currency. No other coin is usable as actual money.
>>18010 It doesn't even matter if other privacy coins are technically better, monero is the one people actually use and unless it gets compromised that won't change.
Monero is the final solution to the taxman question.
>>4080 it's like sha256 even though the nsa cracks it no normies do people can spend Monero to buy food and drinks and the transaction is private in contrast to Bitcoin >>4265 the other privacy coins do not have liquidity and volume like Monero >>7393 if you want both convenience and medium-level privacy you can buy and try Monero on the Cake Wallet mobile app
>>>/biz/ Total crypto death
>>18142 Monero is the only crypto I ever recommend anyone to ever use, specifically because it's terrible as an investment. The price fluctuates too frequently primarily due to its usage as an actual currency, and not a speculative vehicle.
xmr is fine and so are zerocoin/zerohash, it reduces the need to mix, but some extra mixing to increase your anonymity can't be harmful, same as behind 7 proxies meme
Monero's great but lacks ways to acquire it. Where's the ad networks? The job boards? Donation systems that take normie coins and pay out xmr? MMOs like SL and Roblox but using it as currency instead? If these things even exist, they're obscure as fuck, undermining the utility of monero as a currency.
>>18446 There's been a concerted effort to delist and suppress it everywhere. It's not that it can't be used for the things you mention but it's been made almost impossible, especially for normalfags, to even acquire xmr so it's a non starter until someone finds a way to make it easy to buy with fiat again. It's actual use cases right now and the reason it won't die for the foreseeable future is total adoption on darknet markets.
I'd also like to point out that when BTC was actually being used for things, rather than just being held or traded it was also inaccessible to normalfags
the cocaine standard
>>18446 >a coin that is hard for normies to acquire only because exchanges don't list it easily >a coin with real use in the market >a coin with already built mining and wallet infrastructure >a coin with 21 million supply and tiny inflation for longevity based opportunity
Monero assisted imageboards, forums, blog comment segments wen? I think Monero micropayments can be utilized as a way to fight against spam and low quality posts, especially for blog comments sections. One should be easily able to add micropayment per comment to the following blog engine for example: https://wingolog.org/projects/tekuti Bonus points for making the comments section mimicking an imageboard environment with replies and post numbers.
>>18541 the tiny inflation sucks massively sorry, the rest is fine
>>18541 inflation baked into something thats hard to obtain is such a shitty idea
>>18699 Revocable deposits work better here, so smart contracts are the ticket. Monero for most other things, sure.
>>19065 Why is it bad? It's a linear rate far less than gold.
>>4256 local monero shut down right? where else are people buying monero?
>>19149 cakewallet.com retoswap.com basicswapdex.com
>>19069 >muh inflation You don't even know Monero's inflation rate, faggot.
>>18541 >real use in the market >read: heroin and Democrat activism
>>17734 Yes, /biz/
>>19065 >>19069 you dont understand. the tiny inflation enables faster transactions https://monero.stackexchange.com/a/13452 >It’s also extremely important to make it clear that Monero’s supply is pre-defined, verified and enforced via consensus, and entirely predictable, just like Bitcoin’s – you can know the inflation rate and totaly supply at any point in the future without doubts. This tail emission enables two key features in Monero > A lower bound of network security forever (miners will always be able to rely on 0.6XMR per block, no matter the fee market) A dynamic block size (Monero’s blocks can grow/shrink to adapt to short-term increases in usage, with a penalty to mining rewards during these times).


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