00:07:32
321bob321:
Is that fast Japanese beef ?
00:58:19
deepzy99:matrix.org:
@spvce:spvcer3ii.space: Used it today for 25k usd
00:58:28
deepzy99:matrix.org:
Works great. Literally took 2 min
00:58:43
deepzy99:matrix.org:
Bit tricky to figure out
01:30:11
nioc:
it's not perhaps a scam
01:30:19
nioc:
it is a scam
01:31:22
spvce:spvcer3ii.space:
So... this is what they were talking about.
01:31:24
spvce:spvcer3ii.space:
https://mrelay.p2pool.observer/m/spvcer3ii.space/sjhBkINJVKpbhaLFKwEpQlVC.png (Screenshot_20251223_013130.png)
01:31:29
spvce:spvcer3ii.space:
Seems very scam-like to me.
01:31:34
spvce:spvcer3ii.space:
Not sure, don't care.
02:12:45
deepzy99:matrix.org:
Lol
02:14:16
deepzy99:matrix.org:
👁
08:51:29
zombie:catgirl.cloud:
@spvce:spvcer3ii.space: It’s a scam. They’re just using multiple accounts to try and s’e trust.
08:55:28
deepzy99:matrix.org:
It works
08:56:16
DataHoarder:
"it works" doesn't mean it's not a scam lol
08:56:27
DataHoarder:
specially when moving monero to someone else that holds the keys
08:56:39
DataHoarder:
it's a bridge. and on the other side of the bridge, you have no monero
08:57:23
DataHoarder:
as shared. https://blog.can.ac/2025/12/20/reverse-engineering-hyperliquid/
08:57:25
DataHoarder:
> Bridge withdrawals can be censored forever: no timeout, no escape hatch
08:57:32
DataHoarder:
(that is, if the bridge itself doesn't rug first)
08:57:55
DataHoarder:
it may keep working till it doesn't.
08:59:11
moneroni:matrix.org:
@deepzy99:matrix.org: dumbest argument ever
08:59:11
moneroni:matrix.org:
especially in the field of crypto
08:59:11
moneroni:matrix.org:
where we want thing to not just work
08:59:11
moneroni:matrix.org:
but also work trustlessly
10:19:54
eddie:oblak.be:
@moneroni:matrix.org: he might be part of the scam..
10:25:59
321bob321:
Probably
11:51:26
Cindy_:
DataHoarder: why rug within the protocol
11:51:36
Cindy_:
you can rug within the underlying monero supply stealthly
11:51:51
DataHoarder:
yes. just pointing out all the layers that is possible
11:51:52
Cindy_:
sure, people might notice when their withdrawals end with an error
11:51:53
DataHoarder:
09:57:57 <DataHoarder> (that is, if the bridge itself doesn't rug first)
11:51:58
DataHoarder:
^ this is the underlying supply
11:52:02
Cindy_:
ah
11:52:10
DataHoarder:
the ones that actually hold and own your coins
11:52:17
DataHoarder:
or not your :)
11:52:39
Cindy_:
there will be no crypto investigator to figure out where the money went :P
11:52:49
Cindy_:
if they went the "rugpull the underlying supply" route
11:53:25
Infinity8:
Anyone use OpenMonero.com? Seems more trustworthy compared to Haveno(Retoswap)
11:55:12
Cindy_:
haveno is based off of bisq
11:56:26
Cindy_:
also OpenMonero is more centralized than haveno is
11:56:40
Cindy_:
i think chat stuff goes P2P, rather than through the servers
11:58:20
Infinity8:
What about in regards to cash in-person trades?
11:58:24
Infinity8:
How's the experience?
11:58:48
Cindy_:
in both cases, it depends on the person
12:02:02
plowsof:
Oopnmonreo had their wallets drained that one time
12:08:20
Infinity8:
Hmmm, there doesn't seem to be any proven replacements
12:09:54
Infinity8:
plowsof: was this prior to implementing non-custodial wallets?
12:14:26
Infinity8:
According to archive.org, yes
12:22:28
plowsof:
What is a custodial wallet?
12:23:39
plowsof:
I mean what do they define as non custodial?
12:25:01
plowsof:
OM hold zero user funds now? How are they scraping fees?
12:27:32
zombie:catgirl.cloud:
XMR to the moon 🚀
12:27:58
plowsof:
Reto could drain most (all?) of the order book at any time rho
12:33:49
Infinity8:
plowsof: The taker is sent the funds after scraping fees. Minimizing the risk of a rug pull
12:33:52
Infinity8:
Maker is a different story
13:03:21
plowsof:
yeah Maker has to park everything in someone elses wallet? taker ofc doesnt have to park anything so no medal for that
13:42:05
ofrnxmr:xmr.mx:
plowsof: No, i think its just deposits
13:43:35
ofrnxmr:xmr.mx:
When the offer is opened, maker has to deposit the deposit. After trade is taken, they have to deposit the remainder of the offer amoint. When the wallet was swept, it was for 100% of user deposits, not full offer amounts
14:14:02
chuang.ge:matrix.org:
😄
15:53:14
deepzy99:matrix.org:
Reto some old dirty shit ux with abhorrent spreads
15:53:50
deepzy99:matrix.org:
Tried this cow shit worked smooth. Why everyone on here gets all gay anytime something good for monero come out
15:54:03
deepzy99:matrix.org:
Same guys questioning if its a rug have .4 xmr
16:29:14
stormyyy:stormyyy.xyz:
@deepzy99:matrix.org: people still use gay as an insult in 2025?
16:29:22
stormyyy:stormyyy.xyz:
grow up 🍼 🍼
16:34:10
deepzy99:matrix.org:
I guess someone could use it as a compliment
17:05:12
hooftly:matrix.org:
what happens when its shut down by regulators because hes running a custodial bridge while calling it trustless? I will tell you. Your XMR gets confiscated. dumb
17:11:06
deepzy99:matrix.org:
Regulators? Its a defi protocol
17:12:24
hooftly:matrix.org:
No its not. Hyperliquid is centealized and shown via IDA pro and the bridge is custodial that is not Defi
17:12:30
DataHoarder:
taxes? but it's crypted!
17:12:49
deepzy99:matrix.org:
Clearly youre retarded. And all of these hypothetical you speak off dont apply as its a 30 second swap
17:12:57
DataHoarder:
defi, with centralized bridges (cause Monero explicitly does not support this)
17:13:10
deepzy99:matrix.org:
Hyperliquid is not decentralized. If you have used it once you would know.
17:13:16
DataHoarder:
it's not a swap, when the funds literally are not xmr
17:13:36
deepzy99:matrix.org:
Have you used it?
17:13:39
hooftly:matrix.org:
@deepzy99:matrix.org: If you understoof code you would realize it is
17:14:01
deepzy99:matrix.org:
@hooftly:matrix.org: Any evm bridge can access your hyperliquid funds
17:14:27
deepzy99:matrix.org:
So use it first before talking.
17:14:30
DataHoarder:
I implement fucking code so yes, I know how the underlying works
17:14:35
hooftly:matrix.org:
That does not make it decenrralized when 8 validators hold unilateral control
17:14:36
DataHoarder:
^ maybe it's time for plowsof
17:14:39
hooftly:matrix.org:
Its theater
17:14:47
deepzy99:matrix.org:
The same losers saying this will still shill trocador
17:14:56
hooftly:matrix.org:
Im not lol
17:15:00
DataHoarder:
"use it first before talking" again signs of someone sent here to shill it
17:15:14
hooftly:matrix.org:
right so dumb
17:15:18
deepzy99:matrix.org:
How?
17:15:19
hooftly:matrix.org:
Hurr durr use it
17:15:21
deepzy99:matrix.org:
I used it
17:15:23
deepzy99:matrix.org:
It works
17:15:28
deepzy99:matrix.org:
Very simple
17:15:29
DataHoarder:
it's irrelevant, you can criticize the claims directly given it's in the open lol
17:15:32
DataHoarder:
09:56:40 <DataHoarder> "it works" doesn't mean it's not a scam lol
17:15:33
deepzy99:matrix.org:
And fast n low fee
17:15:34
DataHoarder:
09:58:17 <DataHoarder> it may keep working till it doesn't.
17:15:40
hooftly:matrix.org:
Yes cause its centralized garbage
17:15:40
DataHoarder:
09:56:51 <DataHoarder> specially when moving monero to someone else that holds the keys
17:15:40
DataHoarder:
09:57:04 <DataHoarder> it's a bridge. and on the other side of the bridge, you have no monero
17:15:45
deepzy99:matrix.org:
So what exactly u crying about i dont understand
17:16:06
DataHoarder:
alright plowsof yeah seems they are full out now :)
17:16:09
deepzy99:matrix.org:
Like I said. Same monero community has sites giving info to law enforcement
17:16:11
hooftly:matrix.org:
Its a custodial bridge full stop
17:16:13
deepzy99:matrix.org:
Will shill them
17:16:16
deepzy99:matrix.org:
Freeze funds
17:16:33
deepzy99:matrix.org:
And everyone smiles
17:16:34
DataHoarder:
is it a custodial bridge, yes or no?
17:16:34
hooftly:matrix.org:
Im not shilling any CEX or aggregator
17:16:40
DataHoarder:
monero does not support non-custodial bridges. that answers the question
17:16:58
datahoarder:
so, not your keys, not your coins.
17:16:59
deepzy99:matrix.org:
DataHoarder: Yes. Is it a scam?
17:17:10
datahoarder:
It is not Monero, then
17:17:12
plowsof:matrix.org:
ban for libera policy or not disclosing involvement with project?
17:17:23
datahoarder:
so claiming it's Monero is the scam
17:17:31
hooftly:matrix.org:
@deepzy99:matrix.org: Does not matter if it can be trivially regulated against
17:17:42
hooftly:matrix.org:
You are ignoring a whole attack vector
17:17:49
deepzy99:matrix.org:
Its an off ramp. Which we dont have many solid choices
17:17:50
datahoarder:
you are asking users that don't know to use a product that can get them fucked over
17:18:01
hooftly:matrix.org:
How is it an off ramp
17:18:05
hooftly:matrix.org:
Its not
17:18:06
datahoarder:
because they don't understand it
17:18:28
deepzy99:matrix.org:
Can swap usdt or usdc instantly at low fees
17:18:31
datahoarder:
@plowsof:matrix.org: coming to market their bridge :)
17:18:44
datahoarder:
passing it off as review I guess
17:18:46
deepzy99:matrix.org:
Market what
17:18:58
plowsof:matrix.org:
@ofrnxmr:xmr.mx: do nothing has changed since the draining? same setup. still closed source, possibly vulnerable. we dont know.
17:19:12
datahoarder:
but yeah. the "if you haven't tried it don't talk" is so 100% the shit I see on Qubic discord
17:19:25
datahoarder:
the hyperturbodiscord gambler
17:19:31
deepzy99:matrix.org:
Not marketing shit. Just if ur gonna slander things out of nowhere
17:19:45
deepzy99:matrix.org:
Lets start with swap services and sites that pass info to police
17:19:47
datahoarder:
not out of nowhere. we literally posted the reasons why.
17:19:56
hooftly:matrix.org:
no one slandering nothing I said was incorrect
17:20:01
datahoarder:
and it's always slandered if it's custodial. same for CEX
17:20:07
deepzy99:matrix.org:
Lets start with reto using e transfer getting idiots to dox themsleves
17:20:24
datahoarder:
is it non-custodial? yeah you are jumping "tokens" to a chain, and the bridge holds Monero.
17:20:29
hooftly:matrix.org:
I dont support that etiher may be a hottake but it is what it is
17:20:45
deepzy99:matrix.org:
@datahoarder: Yes thats fine. Im jus saying for monero adoption to grow we need more avenues
17:20:55
deepzy99:matrix.org:
As much as u may think we dont.
17:21:07
deepzy99:matrix.org:
And reto sucks. Serai is never coming out
17:21:09
datahoarder:
these more avenues also suggest "plain" transactions for monero adoption 🤣
17:21:16
hooftly:matrix.org:
@deepzy99:matrix.org: Of course we do but it needs to be the right venues
17:21:28
datahoarder:
shit like this https://github.com/monero-project/monero/issues/10173
17:21:46
deepzy99:matrix.org:
Lmao
17:22:16
deepzy99:matrix.org:
The concept was cool. Of the hypercow
17:22:58
deepzy99:matrix.org:
At this point if you want to buy xmr without getting fucked on the spreads. Its a bit hard
17:23:56
hooftly:matrix.org:
You are not getting it. It doesnt matter if it works great for years if it can be trivially regulated against. There is one person who needs to get got and it dies
17:24:35
deepzy99:matrix.org:
I understand the concept
17:25:55
hooftly:matrix.org:
Dont expect the political landscape to stay the same if the US gvmt changes hands they will go after Hyperliquid and the likes hard. Crypto companies are banking on getting to big to fail but have a limited window to get there
17:26:22
deepzy99:matrix.org:
Well this administration isnt really doing shit for privacy anyways
17:46:24
moneromoooo:
It is! ICE goons can now cover their faces.
17:49:18
culper:bsd.cafe:
Privacy for them and their supporters. Us little people are supposed to have everything about out lives out in public and government accessible at all times
17:56:34
Cindy:
guys
17:56:45
Cindy:
what the fuck is the epidemic of people coming here to shill their obvious scam
18:00:08
Cindy:
you couldn't have made it any more obvious if you put giant billboards that point to it and say "SCAM!"
18:01:48
DataHoarder:
^ they were already banned as of their last message
18:02:12
Cindy:
it's not just them
18:02:31
Cindy:
it's other matrix users that i've seen, who ask questions about this specific wrapped token
18:02:35
DataHoarder:
yep
18:02:43
DataHoarder:
cause it works on other projects
18:02:47
DataHoarder:
they go on telegram and such
18:02:52
Cindy:
and i don't know how they could have possibly found out about it, considering regardless how much i try to search it up
18:03:00
Cindy:
i find NOTHING about it
18:03:04
DataHoarder:
the specific way they write or disregard arguments is classic
18:03:09
DataHoarder:
"don't talk if you aren't using it"
18:03:10
DataHoarder:
:)
18:03:17
DataHoarder:
19:03:25 <Cindy> i find NOTHING about it
18:03:38
DataHoarder:
it appears on first results page when you look up the name itself
18:03:43
DataHoarder:
also some old monero people might have advertised it on their twitter...
18:03:57
Cindy:
should we just ban discussion of any XMR wrapped token
18:04:24
gan:skhron.org:
I mean, it's fairly common to advertise stuff by pretending that one's stumbled upon it randomly > <Cindy> you couldn't have made it any more obvious if you put giant billboards that point to it and say "SCAM!"
18:04:30
snake:
isnt a wrapped token pretty much how a dex with smart contracts works?
18:04:34
gan:skhron.org:
E.g., Silkroad
18:04:54
midipoet:
What about xmr that's been wrapped as a giveable Xmas gift?
18:05:11
midipoet:
Xmrs, even.
18:05:16
Cindy:
snake: most wrapped tokens i've seen are (directly or indirectly) centralized
18:05:19
Cindy:
other than serai
18:05:29
snake:
oh ok idk
18:05:33
Cindy:
someone has to hold the underlying supply
18:05:39
Cindy:
that backs up the wrapped token
18:06:27
Cindy:
these wrapped tokens have no bonds, no accountability
18:06:32
DataHoarder:
19:04:55 <snake> isnt a wrapped token pretty much how a dex with smart contracts works?
18:06:34
DataHoarder:
^ but usually some that support scripting
18:06:36
DataHoarder:
monero doesn't
18:06:41
Cindy:
therefore, nothing is stopping the people behind them from rugpulling
18:06:43
DataHoarder:
so you can't build one properly
18:06:47
wormzilpay:matrix.org:
Hi guys im ZilPay Wallet CM, with who can i talk, we want to add Monero network to us wallet
18:06:53
snake:
ah i see
18:07:10
Cindy:
wormzilpay: here or #monero-devs
18:07:29
wormzilpay:matrix.org:
Cindy: thank you mate
18:08:14
Cindy:
DataHoarder: i think monero not supporting scripting is a great move
18:08:19
Cindy:
less of an attack vector
18:09:48
BlueyHealer:
WDYM by "support scripting"?
18:10:08
Cindy:
not having a bytecode machine?
18:10:18
Cindy:
for interpreting a script that may embed.. oh whatever
18:10:58
Cindy:
if i say more, i might look like a dumbass
18:12:35
DataHoarder:
basically. there's only outputs that pay a key
18:12:42
DataHoarder:
not a "script" or a "hash to script"
18:13:04
DataHoarder:
which would later be ran and can support arbitrary ops
18:13:06
DataHoarder:
funnily the output types are there Cindy
18:13:12
DataHoarder:
just never implemented for handling lol
18:13:23
DataHoarder:
I complained about this a week ago or so
18:13:32
Cindy:
we already have a bytecode machine in monero
18:13:35
Cindy:
why add another :P
18:15:28
gan:skhron.org:
I think that Tari is a good compromise in context of having scriptability
18:20:08
Cindy:
i like it when monero gets either scammers or people who want to turn it into another zcash
18:20:16
Cindy:
i'm referring to THAT github issue
18:21:52
DataHoarder:
they also want it for xyz which monero already offers a way to prove lol
18:23:32
Cindy:
they just want an excuse to strip monero down
18:27:15
DataHoarder:
another one to throw into the MEV pile
18:43:48
Cindy:
who tf cares about governments
18:44:00
Cindy:
remember when they scoffed at bitcoin and thought it was a toy project
18:44:13
Cindy:
now everyone wants to "regulate"
18:46:30
Cindy:
and every cryptocurrency wants to bend over and let the govs fuck them because they're scared of their price going down from regulatory pressure on CEXs
18:46:53
Cindy:
monero should not care :P
18:49:56
milas900:matrix.org:
Bitcoin supports scripting ?? > <Cindy> DataHoarder: i think monero not supporting scripting is a great move
18:50:19
DataHoarder:
yeah? it's how all their stuff is implemented
18:50:28
DataHoarder:
https://en.bitcoin.it/wiki/Script
18:52:15
milas900:matrix.org:
Lots of people come to these conferences and start to promoting some defi. Literally kids call themselves ceo and founders. Who is behind them and how they make money if it’s defi > <Cindy> that backs up the wrapped token
18:54:01
Cindy:
milas900: it's the same thing repeating with AI now :P
18:54:20
Cindy:
people who literally don't understand shit about neural networks, are trying to make AI startups that are just ChatGPT wrappers
18:54:26
Cindy:
and calling themselves CEOs
18:56:31
plowsof:
"I used serviceX to swap a large amount of money - you should use it too" -> unfortunately, people do actually go on the internet and tell lies - anything other than "this is a new service, please do your own research" in this day and age is irresponsible. on that same vein - there where shills in telegram saying they used moleswap, and posting
18:56:31
plowsof:
their transaction id's - when the back end was dumped - you could see the transaction (happened to be a solana one) and it was for like 1$ and they doxd their receive address
18:57:18
plowsof:
and this person was claiming to swap $$$$$ with the service when posting the screenshot of the transaction 😆
18:57:38
Cindy:
people should practice precaution when dealing with services they don't know shit about
18:58:49
Cindy:
i like it when services actually bond money to prove that they're serious
18:58:59
Cindy:
rather than just another scammer's paradise
20:30:07
torir:matrix.org:
If we want an wrapped XMR token, and we don't, but if we did, we would insist on open-source code, proof of reserves, enough decentralization to survive regulation, at least some effort to make rugpulling unlikely or impossible, and as much transparency as possible. Hyperliquid does none of that.
20:31:27
torir:matrix.org:
Far from it, Hyperliquid has evidence of there being backdoors, and there is absolutely nothing stopping a rugpull.
20:35:50
torir:matrix.org:
Over and over, the Monero calls out people attempting scams. People point out the exact ways that things can be scams, and the scammers do everything but address the criticism. Deflect, ignore, astroturf. Because they can't, it would stop the scam from working if they actually removed the scammy stuff.
20:37:23
torir:matrix.org:
If you can't address the criticism that makes your thing look like a scam, then that means it's a scam. Plain and simple.
20:38:57
Cindy:
scammers deflect criticism by saying the alternatives suck
20:39:12
Cindy:
like deepzy99 did, calling other swap services shit
20:42:10
torir:matrix.org:
I will be honest, Retoswap does have a well-known weakness: arbitrators can rugpull the entire orderbook. It will be very obvious if/when they do so (unlike other rugpulls). The original Bisq handled this problem by having arbitrators stake collateral, but Haveno removed the DAO when it forked from Bisq so it doesn't have that protection.
20:43:05
torir:matrix.org:
Depending on your threat model, that might be acceptable. After all, if you were using a DEX before, you were putting even more trust in a third party then you are with Retroswap.
20:45:37
torir:matrix.org:
A DEX can rugpull and still accept deposits, after all.
20:48:07
torir:matrix.org:
But scammers don'tt even point that out. No consideration at all of actual attacks that could have been made.
20:52:33
Cindy:
these wrapped XMR tokens are just a fishing net for the dumb people
20:53:24
Cindy:
trying to fish out gullible people and take their XMR, quite a dumb move
20:57:54
ity:itycodes.org:
How popular is Retoswap around the users here?
20:57:54
ity:itycodes.org:
Their website, and the project as a whole, don't exactly inspire confidence
20:59:03
torir:matrix.org:
It's still new, but there are a lot of users already.
20:59:32
torir:matrix.org:
If you want to on-ramp from fiat to Monero without KYC, it is currently your best option.
20:59:59
torir:matrix.org:
Especially since, as a Monero buyter, the weakness I mentioned above won't even apply to you. Only makers can get rugged.
21:00:03
torir:matrix.org:
buyer*
21:11:41
ofrnxmr:xmr.mx:
"A cex*" right? > <@torir:matrix.org> Depending on your threat model, that might be acceptable. After all, if you were using a DEX before, you were putting even more trust in a third party then you are with Retroswap.
21:11:55
torir:matrix.org:
Whoops, yes, a CEX.
21:28:18
DataHoarder:
SupportXMR getting quite high up there on short term hashrate https://www.reddit.com/r/MoneroMining/comments/1pu3bdd/almost_51/
21:28:23
DataHoarder:
last week still 40% https://blocks.p2pool.observer/pools
21:28:41
DataHoarder:
HV getting hit by DDoS did not help
21:28:47
Cindy:
oh noooo
21:28:56
Cindy:
we're gona have a fucking.. pubiccc
21:28:59
Cindy:
pubic hairs
21:29:58
DataHoarder:
https://irc.gammaspectra.live/fe9c8967071d5540/image.png
21:30:25
Cindy:
sorry for those messages
21:40:24
ity:itycodes.org:
@torir:matrix.org: Ah interesting
21:40:38
ity:itycodes.org:
On-ramp? > <@torir:matrix.org> If you want to on-ramp from fiat to Monero without KYC, it is currently your best option.
21:40:57
torir:matrix.org:
on-ramp is the term meaning "way to convert fiat to cryptocurrency"
21:41:35
torir:matrix.org:
Once you get a cryptocurrency (any cryptocurrency), it is usually very easy to convert from one crypto to another. Getting from fiat to crypto is the hard part, which is why you need an on-ramp.
21:45:05
marioob:matrix.org:
Can we attack it somehow. Or what can we do about it? > <DataHoarder> SupportXMR getting quite high up there on short term hashrate https://www.reddit.com/r/MoneroMining/comments/1pu3bdd/almost_51/
21:45:30
DataHoarder:
attack what
21:45:33
DataHoarder:
why
21:45:39
DataHoarder:
they are not bad guys
21:45:54
DataHoarder:
this is the fault of > 22:45:42 <DataHoarder> as usual, influx of new people new to mining -> look at top pool -> mine there
21:46:22
Cindy:
let's not try to kill ourselves :P
21:46:43
Cindy:
by uhh.. destroying a pool that newcomers happen to use because it was the most popular one
21:47:00
DataHoarder:
they are not attempting anything either nor even marketing that
21:47:19
DataHoarder:
HV got attacked at the same time which caused that hashrate to also move elsewhere
21:48:57
DataHoarder:
many picked supportxmr as well
21:49:08
Cindy:
because it says support xmr :P
21:49:24
DataHoarder:
support xmr not mine xmr :)
21:49:40
marioob:matrix.org:
Pools should also be mindful of risking a 51% attack. There are methods of reducing number of miners. Raise the fee / put warnings / shutdown the pool for X minutes. Etc. I mean even reaching as high as 35% is dangerous in case of another big pool shuts down overnight.
21:49:54
DataHoarder:
this is the case here
21:50:02
DataHoarder:
they were 3X%
21:50:04
Cindy:
imagine if the "support" part was a lie
21:50:07
Cindy:
it would be like
21:50:08
DataHoarder:
a pool effectively shed off miners
21:50:14
Cindy:
the biggest anime betrayel ever
21:50:23
DataHoarder:
so they got to 42%
21:50:28
Cindy:
betrayal*
21:50:57
DataHoarder:
do your work of informing people but don't treat sxmr like toxic waste like qubic is
21:51:14
Cindy:
qubic is dying off lol
21:51:20
Cindy:
it's like 8%
21:51:31
Cindy:
and i really can't believe it's only been.. what
21:51:35
DataHoarder:
radioactive waste even after a while can still be quite nasty
21:51:36
Cindy:
a few months?
21:51:50
DataHoarder:
well they have similar hr levels let's say
21:51:52
Cindy:
just short-term gains, and nothing else
21:51:59
DataHoarder:
but the rest of network grew
21:52:04
DataHoarder:
yeah marketing
21:53:00
Cindy:
also sorry if i sound dumb, i'm a bit.. drunk?
21:53:41
marioob:matrix.org:
What is qubic, and they really have 10% mining fee? > <DataHoarder> do your work of informing people but don't treat sxmr like toxic waste like qubic is
21:53:53
Cindy:
oh maaan
21:53:59
DataHoarder:
you do the job Cindy
21:54:08
Cindy:
here comes the big lore dump
21:54:22
DataHoarder:
see the alert here https://blocks.p2pool.observer/block/d360c568061ef970f6ecb9a2bf72d7a403bbe9b096aef15b16155af94f44ec57
21:54:30
DataHoarder:
or attacks done https://github.com/WeebDataHoarder/Monero-Timeline-Sep14/blob/master/README.md#timeline-of-monero-18-block-reorg-on-september-14th-2025
21:54:52
DataHoarder:
done to directly hurt monero end-users willingly, not just miners
21:55:00
Cindy:
so qubic was a token that did marketing stunts to promote themselves, some of these stunts were destructive
21:55:05
Cindy:
but especially against monero
21:55:14
Cindy:
they had a mining frenzy, which they spent a lot of money on
21:55:28
Cindy:
and amassed enough hashrate to cause reorg attacks
21:55:45
Cindy:
even a reorg with a depth bigger than 10 blocks
21:55:53
Cindy:
which caused the invalidation of transactions
21:55:58
DataHoarder:
^ they did reorgs to do marketing
21:56:07
Cindy:
yes
21:56:10
DataHoarder:
they were less profitable doing selfish mining than straight out
21:56:25
DataHoarder:
so all basically just to make hype for their token
21:56:41
DataHoarder:
which attacks end users and passes it off as good
21:56:43
Cindy:
nowadays their price is fizzling out
21:56:45
marioob:matrix.org:
Ohh. A bit too technical for me, but I got the ideea. They are playing bad. > <DataHoarder> see the alert here https://blocks.p2pool.observer/block/d360c568061ef970f6ecb9a2bf72d7a403bbe9b096aef15b16155af94f44ec57
21:57:09
DataHoarder:
also https://rucknium.me/posts/monero-18-block-reorg/
21:57:39
Cindy:
it used to be $0.000003295 (5 zeros after decimal point)
21:57:48
Cindy:
from peak during the monero attack
21:58:04
Cindy:
now it's $0.000000693 (6 zeros after decimal point)
21:58:10
Cindy:
and going even lower
21:58:57
Cindy:
i'm sure they're preparing some crappy stunt or whatever
21:59:07
Cindy:
if not, might be expected their currency will die out next year
21:59:12
Cindy:
their shitcoin*
21:59:30
Cindy:
it's just short-term gains tbh
22:01:18
Cindy:
DataHoarder: what do you think of that, i know we're not much of a fan of prices
22:01:26
Cindy:
but i like seeing that lol, their hype dying out
22:01:51
DataHoarder:
they did hit new all time low :)
22:03:46
Cindy:
CFB is rolling in his shitcoin grave
22:04:52
Cindy:
can't wait until it flat-lines completely
22:12:40
ity:itycodes.org:
@torir:matrix.org: Ah