Spyke

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monero

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It is becoming harder to move your capital into cryptocurrency than it is to move it out.

This is a sign to me that it’s more valuable than fiat [having capital in crypto]

to me it's a sign that capital in crypto is a threat to the global banking mafia, they first want to destroy on-ramps, but today the BIS announced they will be surveilling bitcoin with the aim of de-anonymising transactions, such that off-ramps too can be tainted. (source https://nitter.net/samcallah/status/1712128988611563803 ) +inb4 'this is good for munero'

and yes, right now we have localmonero but that's a lot of eggs in one, admittedly good, basket...

monero

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Binance Will Delist XMR on 2024-February-20

welp

have we hit the local bottom?

long term, this is good for xmr, when binance inevitably gets torpedoed

looking at the stats, binance is about 34% of the exchange volume - kucoin, mexc, kraken all added together don't make up for it.

don't think many xmr users will want to KYC for some minor exchange.

I would direct people to localmonero for p2p trades, and tradeogre for private exchange.

any other suggestions? is any atomic swap protocol functional yet?

monero

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2nd Cloudflare hack reveals the dangers of them seeing ALL passwords

Yeah tbh fuck cloudflare, fully compromised

cloudflare to host top level US government web services .gov https://cloudflare.net/news/news-details/2023/Cloudflare-Wins-CISA-Contract-for-Registry-and-Authoritative-Domain-Name-System-DNS-Services/default.aspx

however I understand why many people use it. it's the biggest of the ddos protection services, and with ddos mitigation, the beefier the better. i've seen plenty of smaller, ethical, cypherpunk ddos services but when the big ddos comes they can't help too much.

with something like monero - it's an obvious target for censorship, even temporarily - imagine a financial crash, or nation state revolution where people want to get their money out. perfect time for monero adoption, but getmonero.org is down to ddos. therefore being with cloudflare is the best protection. however if sed flight to monero goes against the interests of the USA and they threaten to pull their $8million contract from cloudflare, things might change very quickly (one of many ways in which corporations are controlled)

i guess it's still up for debate - obviously monero is a force of decentralisation so cloudflare is antithetical. but what is the alternative?

monero

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Monero black marble 0day attack guide? Real or nah?

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hi antidarknet

cool site and nice job stresstesting XMR. look forward to seeing more of your projects in the future!

Makes me wonder about other vulnerabilities there could be - particularly regarding dark markets, xmr escrow services etc.

regarding your point

Unless you’re criminal you shouldn’t be worried in any way.

A criminal is someone defined by the state as having broken a law. Likewise a legal action is one which happens to coincide with a state's edict (law). but libertarian maximalists or anarchists wouldn't agree. hence why you were called a bootlicker.

whilst it's perfectly righteous to fight what you see as harmful, there's an argument for freedom, particularly in the case of drugs where it is usually the user who is the only one at risk of harm (if we follow the harm principle rather than legal/illegal). yes the drug trade can harm too - but that could also be because it is 'illegal' and has to take place in a non-ideal marketplace.

that being said, I have my own limits as to what is moral so I agree that you should pursue yours. but I will do things that are illegal, and I encourage you to do so too. perhaps one day using monero will be 'illegal'! </end philosophical sidebar>

privacy

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*Permanently Deleted*

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welcome to monero.town

if you're not using 4 vpns, 2 tor exit nodes, 3 layers of pgp, a mexican burner phone paid for by taiwanese gift cards you're not doing it right

plus this message will selfdestruct in 30 seconds

monero

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Elevated transaction counts

Looking through various sources I have a short list of causes for high tx count:

Unlikely:

  1. BTC ATH sellers off ramping to a much better cryptocurrency that preserves privacy

  2. XMR trending as a massive gainer (after a drop) attracts traders

More Likely:

  1. Chain analysis firm floods the tx pool so that their heuristic analysis can pinpoint some XMR transactions

  2. Binance has released the secret store of XMR they had stacked up before delisting for unknown reasons

  3. A Monero Whale is churning a large amount of XMR

5.b) 'Incognito Market' [darknet market] is reportedly exit scamming - escrows estimated in the millions of USD of XMR

Nobody has put forward a clear case yet, and most Monero folks are nonplussed. However, XMR's dynamic block size is making much better work of the flood than other cryptos and tx fees remain fairly level throughout so at least it's a good stress test.

I want to be a part of it too so I'm gonna throw a few more transactions into the pool right now :)

monero

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What's Seraphis and Hard Fork

Seraphis is a big change, and I think it warrants discussion.

Firstly the timeframe:

"At the moment it's quite difficult to estimate when everything will be ready for the hardfork to Seraphis and Jamtis. Some very early estimates see a possible hardfork about 2 years out, i.e. in the first half of 2025. Things may easily take a year longer."

Lots of other FAQs available here: https://github.com/seraphis-migration/strategy/wiki/Seraphis-and-Jamtis-FAQ

Importantly addresses will change.

From Localmonero.co:

"Unfortunately, Monero addresses currently in use are not compatible with Seraphis. Users would need to generate new addresses from their wallet keys in order to receive Monero if Seraphis were implemented. "

Also see this discussion about Seraphis implementation.

"No Wallet Left Behind" - Make Sure Our Wallets Survive the Fork to Monero 2.0

https://github.com/monero-project/monero/issues/8157

privacy

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*Permanently Deleted*

https://www.govtech.com/security/drivers-license-for-the-internet.html

"The White House is leading efforts for a new authentication system that would have users prove their identity with a single ID across the Web. And states are starting to pilot the system."

April 23, 2014

"The DCF says the technology is saving so much money because it saves staff the time of verifying identities manually, and even better, there’s been a reduction in cases of identity fraud." ---- "the technology is saving >>so much<< money "

“If you can’t create a method to ensure a person is who they say they are, then you really can’t secure bank accounts, identities, anything that’s done on the Web,” --- Monero fixes this

monero

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WARNING: Reto-Haveno

I regularly run Haveno Reto, it's max userbase is 10 but the average is about 8 online at any one time.

I don't think that it's a honeypot as it doesn't make sense. The author argues that the main vulnerability is the manipulation of node selection - but users are free to self-host nodes and use any node, it's not baked into the program. Anyone can set up a 'malicious'' Monero node anyhow. As others have mentioned it seems like the kid who wrote the diss track doesn't really know what's going on (was it Majestic?). Lastly, they end by saying they are a competitor - but they just stopped their work on a localmonero clone - and are leaving the community forever - but please share this post around. Something smells off. But we have to take each anonymous opinion semi-seriously in the internet apparently.

Besides all that, Haveno's not used very much (yet?). There are a few trades offered but none in my jurisdiction. Perhaps this will grow with time, but as yet we aren't seeing 'mass adoption' despite delisting and shutdowns of other p2p exchanges.

I'm more up for posting crypto > XMR trades but it's not quite clear to me how 'Instant' crypto trades are settled, and there was a recent warning about unfulfilled instant crypto-xmr trades being punished. It would be nice to just post up liquidity with a small margin and have it be able to autocomplete trades whilst afk. A boy can dream!


If I were to make the case against Haveno it would be thus:

  1. There is no account reputation, like localmonero, to identify users who have regularly fulfilled contracts and are more trustworthy.

1.a. This means that I personally would want 100% backing of the deal in Haveno, which locks away someone's xmr, an unappealing offer.

1.b. Even then we would depend on the fair arbitration to ensure the deal was finished. Fine for crypto trades within Haveno but cash by mail trades? It took localmonero/agora a long time to establish its reputation, and it is a tough job to arbitrate even with 2 benign actors.

  1. I have not seen enough evidence that the Arbitrators are fair, non-malicious actors. This is not to say they are bad actors - just there isn't evidence either way.

2.b. The first username I saw of an arbitrator was on the aforementioned warning notice which (no shade) wasn't written in the best English, I suspect English as 2nd language bu. Hopefully this improves.

  1. When it was released upon the public, people talked about multiple Haveno instances in competition, muh free market. However, it quickly dwindled to one - I see this as a vulnerability. Even if the diss track's critique is not valid, it could still be compromised in some unknown way and we wouldn't have another instance of Haveno viable as an alternative. There was HardenedSteel but it was quickly deprecated. Does anyone know of another instance? I'd happily run both.

tl;dr : despite being a decentralised p2p facility, Haveno Reto depends on good-faith in arbitrators and whilst it's in beta it's an easy target for fud.