• 64 Posts
  • 183 Comments
Joined 2 years ago
Cake day: August 14th, 2023
  • ridetoMonero@monero.town•Use XMR - Landing PageEnglish
    2•12 days ago

    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.

  • ridetoMonero@monero.town•Monero is for communistsEnglish
    2•12 days ago

    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.

  • ridetoMonero@monero.town•The Monero pump finally explained! ... maybeEnglish
    2•23 days ago

    … 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.
  • ridetoMonero@monero.town•Try out Haveno (if you haven't already)English
    3•27 days ago

    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!

  • ridetoMonero@monero.town•New research about Haveno shows XMR/BTC trades are traceableEnglish
    3•1 month ago

    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.

  • rideOPtoMonero@monero.town•XMR p2pool-mini meets XTM TariEnglish
    2•1 month ago

    sech1 on reddit

    PSA: Tari launched today, merge mining is now available for P2Pool miners Starting from today, all P2Pool miners can merge mine Monero and Tari - your hashrate can mine two coins at the same time.

    You will need to run Tari software in addition to P2Pool:

    ./p2pool --wallet YOUR_MONERO_WALLET_ADDRESS --merge-mine tari://TARI_NODE_IP:18102 TARI_WALLET_ADDRESS

    and

    ./minotari_node --grpc-enabled --mining-enabled

    TARI_NODE_IP is 127.0.0.1 if you run both on the same machine (recommended).

    Merge mining is available on Tari’s mainnet:

    Download Tari suite for your OS

    Run Minotari node and wait until in synchronizes

    Run Minotari console wallet to create a Tari wallet.

    Copy the interactive wallet address from the “Receive” tab of the wallet

    Paste it into the P2Pool command line above

    Everything is ready now to start merge mining Monero and Tari!

    Tari block explorer: https://explore.tari.com/

    Note that Tari will be mined in solo mode (only full Tari blocks can be mined for now). This doesn’t affect P2Pool payouts - they will stay the same.