11:43:22
alexandre:uii.pt:
cool, seems like my countries banks are preventing transfers to DFX... looks like i have to find an alternative
12:08:10
monerobull:matrix.org:
retoswap.com
12:08:41
Cindy_:
retoswap is not a good place if you're just looking to do a small trade
12:08:49
Cindy_:
like 100 dollars or so small trade
12:10:54
Cindy_:
haveno only has big offers tbh, i wish it could replace CEXs like localmonero could
12:17:56
monerobull:matrix.org:
wrong
12:17:57
monerobull:matrix.org:
https://mrelay.p2pool.observer/m/matrix.org/JgLJZXZEYweLWalcpVsTCiBw.png (image.png)
12:18:02
monerobull:matrix.org:
youre just looking in the wrong place
12:19:16
Cindy_:
monerobull: what are the payment methods
12:20:20
monerobull:matrix.org:
revolut, wise, cashapp, even pay by mail for the GBP one
12:20:45
btcdwed:
is that screenshot from inside reto?
12:21:05
monerobull:matrix.org:
idk who the fuck would bother with a 57 pound pay by mail offer but it is an option
12:21:15
monerobull:matrix.org:
btcdwed: yeah, from the no deposit page
12:21:20
btcdwed:
thx
12:21:26
Cindy_:
so literally nothing usable for direct international payment
12:21:38
Cindy_:
except cashapp, but that's probably US-only
12:22:23
intr:unredacted.org:
yeah cashapp is not a thing in EU at least
12:22:57
Cindy_:
i want moneygram, western union or other forms of payment where i can at least get the payment in cash directly
12:23:44
monerobull:matrix.org:
Cindy_: bro just join the simplex and ask for someone to make a trade then
12:23:47
monerobull:matrix.org:
or post your own offers
12:24:10
monerobull:matrix.org:
"it literally doesnt have the specific payment method and amount i want, USELESS 💢"
12:24:57
Cindy_:
localmonero had a lot of western union offers
12:25:07
Cindy_:
for small amounts even
12:25:10
btcdwed:
MG and WU would be cool
12:25:12
Cindy_:
i get it, they're not the same :P
12:25:17
monerobull:matrix.org:
isnt western union just a bank trasnfer
12:25:19
pyratevevo:matrix.org:
Moneygram would be interesting. Haven't hears about those in a while though. > <Cindy_> i want moneygram, western union or other forms of payment where i can at least get the payment in cash directly
12:25:20
Cindy_:
no
12:25:33
Cindy_:
WU and MG are both bank transfer or direct cash payment
12:25:38
btcdwed:
yea
12:25:45
Cindy_:
you don't have to have a bank account to use MG or WU
12:25:47
monerobull:matrix.org:
you can make a request to the haveno repo
12:25:52
pyratevevo:matrix.org:
Its like hawala with kyc
12:25:55
Cindy_:
... they already exist in haveno?
12:26:00
monerobull:matrix.org:
you literally can just do things
12:26:00
Cindy_:
it's just that nobody is making an offer wth them
12:26:19
monerobull:matrix.org:
then post a buy offer with an attractive premium?
12:26:28
Cindy_:
i guess
12:26:42
monerobull:matrix.org:
@monerobull:matrix.org: this is how we got no deposit offers
12:26:52
monerobull:matrix.org:
i was going through the bisq code and they had comments on it
12:27:05
pyratevevo:matrix.org:
Cindy_: I live in a pretty low kyc region.. Wonder if I can set something up.
12:27:09
monerobull:matrix.org:
and i proposed a design to woodser and the GOAT that he is, implemented it
12:28:02
pyratevevo:matrix.org:
I forgot how much information WU/MG ask.
12:29:39
Cindy_:
WU asks for your ID when you're sending money
12:29:47
Cindy_:
and the real first/last name and country of the person you're sending to
12:30:13
pyratevevo:matrix.org:
ID for recipient ?
12:30:51
Cindy_:
on the receiver side, you have to give your ID to the teller too yeah
12:30:58
Cindy_:
they just verify and then give it back
12:32:16
pyratevevo:matrix.org:
If the only thing they log is the name then it's not too bad.
12:32:41
Cindy_:
yeah they just check the name
12:34:29
Cindy_:
they dont actually take a picture of your ID, at least in my branch they didn't
12:34:38
Cindy_:
if you're worried about that :P
12:34:46
Cindy_:
though i have heard depending on your branch, they do that
13:07:59
BlueyHealer:
100 dollars... small... LOL
13:11:27
Cindy_:
100 dollars was a generous amount
13:11:40
Cindy_:
considering the really small ones dont exist at all in haveno
13:11:45
Cindy_:
like 20 bucks
13:12:51
monerobull:matrix.org:
use instant swappers for that?
13:13:19
monerobull:matrix.org:
nobody will bother selling you $20 worth of monero
13:13:29
BlueyHealer:
But first you need to get the crypto to swap from. Or Bisq is better in this regard?
13:13:55
BlueyHealer:
Like, I don't even HAVE $100 in my savings, let alone being able to RISK it
13:14:00
monerobull:matrix.org:
bisq minimums are 2-3 times as high
13:14:26
monerobull:matrix.org:
youll have to buy LTC on some CEX or something
13:14:55
monerobull:matrix.org:
being poor is expensive
13:15:37
BlueyHealer:
oh
13:15:58
BlueyHealer:
But CEXes are dangerous and this is the whole reason for those DEXs...
13:16:20
august:
Bisq is only really usable for ammounts 4f or above
13:16:30
BlueyHealer:
And bisq2?
13:16:36
august:
Any less than that you are out of luck
13:16:58
BlueyHealer:
So someone mentioned a Simplex chat of it - is that better?
13:20:06
ofrnxmr:xmr.mx:
Of what
13:24:29
monerobull:matrix.org:
BlueyHealer: you can ask people to post offers there
13:47:25
BlueyHealer:
Never used so curious - how likely are they to be answered in practice? Like, do a lot of people check buy offers?
15:01:08
alexandre:uii.pt:
on haveno can you usually ask for a smaller value? in euro the no deposit options are quite a high amount
15:01:56
alexandre:uii.pt:
or the value asked is "set in stone"?
15:06:22
ofrnxmr:xmr.mx:
@alexandre:uii.pt: Yes
15:06:35
ofrnxmr:xmr.mx:
The range* is set in stone
15:07:06
ofrnxmr:xmr.mx:
(by the offer maker)
17:01:19
dmlunar:
I'm really surprised openalias isn't used that much. Wrote a simple openalias resolver that I just recently put online. https://api.lunar.sh/bin/openresolve feedback welcome
17:02:54
elongated:matrix.org:
dmlunar: Any dns / 3rd party resolver hampers privacy
17:03:13
elongated:matrix.org:
Should be disabled by default on” privacy” first wallets.
17:04:01
dmlunar:
I just use it because it makes remembering addresses easier.
17:21:15
intr:unredacted.org:
openalias is pretty cool
17:21:21
eddie:oblak.be:
wtf is pubiq back at it?
17:21:23
eddie:oblak.be:
https://mrelay.p2pool.observer/m/oblak.be/vQvdnifHiyQGQEJzFjlQwwDO.png (image.png)
17:21:31
intr:unredacted.org:
wow
17:22:19
intr:unredacted.org:
not again bro..
17:23:00
eddie:oblak.be:
Not sure if it's just a fake number but..
17:23:56
eddie:oblak.be:
The qubic price is sort of at an all time low
17:25:52
sech1:
the latest mined blocks don't look like they have 5.5 GH/s
17:26:04
sech1:
they get 20-25% of blocks, no more
17:27:38
eddie:oblak.be:
indeed, I was looking at it now
17:27:47
Cindy_:
sech1: so they're faking their stats again
17:27:52
Cindy_:
when will they learn their lesson lol
17:28:00
eddie:oblak.be:
but why are they still doing this, ..
17:28:08
Cindy_:
their shitcoin flat-lined
17:28:44
Cindy_:
they need to revive it before it becomes truly dead
17:28:58
elongated:matrix.org:
dmlunar: Save it in address book of your wallet.
17:30:14
elongated:matrix.org:
@intr:unredacted.org: They are here to save market price, exchanges will increase deposit conf to 720 again 😅
17:31:00
elongated:matrix.org:
sech1: How can they get this high hashrate ?
17:31:37
eddie:oblak.be:
sech1: monero ocean reports ~6GH/s as total hashrate
17:32:04
sech1:
They don't have this hashrate
17:32:12
sech1:
They just say they do (in pool API)
17:32:42
ofrnxmr:xmr.mx:
https://mrelay.p2pool.observer/m/xmr.mx/WDcVvoJIcwWRWcJBRHPprrNb.png (share_5162208600881151265.png)
17:33:54
xmr2cex:unredacted.org:
Since they started hiding their data, hashrate has gone up and up but thought they were done with the publicity stunts
17:34:43
eddie:oblak.be:
yeah there's nothing about this "campaign" on their twitter afaik
17:35:04
xmr2cex:unredacted.org:
Silent advertising, unfortunately for them it won't work again
17:36:10
xmr2cex:unredacted.org:
Get them what they want, the exposure for their behavior is just going to back fire
17:41:34
quadriocellata:matrix.org:
Say you're qubic and there is enough liquidity in XMR and hyperliquid. What would stop you funding a campaign to do a selfish mining and/or reject tx in blocks and shorting monero as people have some fear?
17:43:46
elongated:matrix.org:
@quadriocellata:matrix.org: It’s a known issue, a look is coming out soon
17:45:37
xmr2cex:unredacted.org:
Just a final stroke before fading away
17:45:45
quadriocellata:matrix.org:
@elongated:matrix.org: Is the book also about general network disruption ? (e.g. publishing empty blocks). Could you provide a brief outline as to the topics that will be covered in it or do you have a link about that?
17:46:48
elongated:matrix.org:
@quadriocellata:matrix.org: https://ccs.getmonero.org/proposals/kayabaNerve-finality-layer-book.html
17:46:51
xmr2cex:unredacted.org:
@xmr2cex:unredacted.org: Surely coming at a good time, since many are looking at the price go down and aren't happy
17:46:59
xmr2cex:unredacted.org:
Or have fear of some sort
17:48:00
xmr2cex:unredacted.org:
But it's inevitable, NGU and then go down. Usual roller-coaster we are used to. Crypto bros just love to the see the green candle and cry when it's all red...
18:37:39
Cindy:
why are you entertaining qubic's fake hashrate
18:37:48
Cindy:
it's an API, they can report whatever hashrate they want
18:37:59
Cindy:
hell they could even report 100 GH/s
18:38:30
Cindy:
qubic has only gotten 7% of the last 1000 blocks
18:40:40
intr:unredacted.org:
what's the tl;dr on a "finality layer" anyway?
18:41:01
redsh4de:matrix.org:
prevents reorgs
18:41:17
intr:unredacted.org:
yes, but how
18:41:23
intr:unredacted.org:
if that's possible in a tl;dr fashion
18:45:00
yokoama:matrix.org:
@intr:unredacted.org: we are waiting for the book
18:45:23
intr:unredacted.org:
yeah, but I figured that's for the finer details and cryptography
18:51:36
ofrnxmr:xmr.mx:
@intr:unredacted.org: By using POS
18:51:38
intr:unredacted.org:
thanks
18:51:38
intr:unredacted.org:
but no thanks
18:52:03
ofrnxmr:xmr.mx:
The book isnt jusy about the POS finality layer, but comparing different ways to have finality or increase security
18:52:44
intr:unredacted.org:
ahh I see
18:53:23
intr:unredacted.org:
I'm not against the idea itself but POS isn't something I'd be happy to see introduced in Monero, in any capacity
18:57:10
yokoama:matrix.org:
@intr:unredacted.org: if it only secures chain & you are able to spend received coins/change outout after say 2 block conf ?
18:57:10
yokoama:matrix.org:
pow still creates blocks
18:58:14
intr:unredacted.org:
pow is what should be securing the chain, anything else delves into semantics and it becomes a POS coin with extra steps
18:58:46
Cindy:
true
18:59:04
yokoama:matrix.org:
@intr:unredacted.org: okay, then we should move to 15min conf like bitcoin and have actual asics mining & not allow random hardware to be used to mine/attack xmr
18:59:38
intr:unredacted.org:
no thanks, easier for a gov't to take control of
18:59:44
intr:unredacted.org:
as happened to bitcoin
19:00:01
yokoama:matrix.org:
@intr:unredacted.org: fcmp++ fails with 2block reorg
19:00:39
intr:unredacted.org:
that's why the 10 block lock stays, no?
19:01:29
intr:unredacted.org:
not that I'm happy with it
19:01:36
yokoama:matrix.org:
@intr:unredacted.org: every tx sent will get invalidated if there is 10+ block reorg
19:01:42
intr:unredacted.org:
I just don't see PoS or asics as a solution
19:01:56
yokoama:matrix.org:
easy to attack xmr
19:02:02
yokoama:matrix.org:
@intr:unredacted.org: you can see, you dont want to see
19:02:36
intr:unredacted.org:
🥱 I think it's better to wait for the book than these non arguments
19:03:07
yokoama:matrix.org:
@intr:unredacted.org: yah we should increase it to 60 block reorg & just wait for attacker to breach it
19:03:20
intr:unredacted.org:
thank you for the example of a non argument
19:03:51
yokoama:matrix.org:
@intr:unredacted.org: you can try hide from pos, but its best way to secure the chain by stake holders
19:04:10
intr:unredacted.org:
one example was enough, but thanks
19:04:17
Cindy:
okay then here's a question yokoama
19:04:24
Cindy:
who's going to get the newly-minted coins?
19:04:39
Cindy:
the CPU mining was designed to egalitarian
19:04:43
Cindy:
was designed to be*
19:04:50
yokoama:matrix.org:
Cindy: smal part to pos, rest pow
19:05:00
Cindy:
PoS just guarantees a stable source of new coins to the richest people of XMR
19:05:41
yokoama:matrix.org:
Cindy: yah there is massive emission
19:06:53
yokoama:matrix.org:
/s
19:07:11
Cindy:
0.6 XMR per block is a lot
19:07:33
yokoama:matrix.org:
Cindy: you are not paying 0.6 to pos
19:07:36
Cindy:
and guess what, in a fully PoS system, the richest would get 90% of that
19:07:39
Cindy:
really?
19:08:10
yokoama:matrix.org:
Cindy: who is proposing full POS ?
19:08:30
yokoama:matrix.org:
read the room "finality layer"
19:08:41
Cindy:
i saw " you can try hide from pos, but its best way to secure the chain by stake holders"
19:09:00
yokoama:matrix.org:
Cindy: It is best way to secure the chain
19:09:31
Cindy:
how much of a slice does the PoS layer get
19:09:58
yokoama:matrix.org:
Cindy: i dont decide, but 10-20% of emission would be more than enough
19:10:46
Cindy:
that sounds good
19:10:50
Cindy:
10%
19:11:13
Cindy:
it shouldnt be more than that to preserve the egalitarianism of CPU mining
19:11:58
quadriocellata:matrix.org:
realistically even with PoW resources will get kinda centralized even with cpu imo , if monero ever got big enough ppl close to the electricity companies and chip making companies (and with resource for land), would be in a much better position to make money
19:12:46
quadriocellata:matrix.org:
in fact in that regard, you might be better off with PoS bc at least its proportional to your stake
19:12:57
quadriocellata:matrix.org:
unless I am misunderstanding something
19:13:00
Cindy:
there is a cost to PoW though
19:13:16
Cindy:
maintainence, energy costs (even if you had a deal, its not 100% free)
19:13:39
Cindy:
you need to get close to the CPU companies, not chip making companies
19:14:03
Cindy:
even with that, you need the motherboards for those CPUs, and 4 GB+ of RAM
19:14:16
Cindy:
per each board
19:14:49
yokoama:matrix.org:
botnets!
19:14:56
quadriocellata:matrix.org:
sure there is a cost thats right, but those who will make a profit will likely be already wealthy people
19:15:05
Cindy:
it's a question of "how much CPUs and RAMs and shit can you buy before people start to hate you and you'll probably go bankrupt anyway
19:15:22
Cindy:
PoS has little to no cost
19:15:31
Cindy:
you could literally host it on a potato computer running off of solar power
19:15:42
Cindy:
all that matters, in PoS, is how RICH you are
19:16:04
yokoama:matrix.org:
Cindy: yah you acquired monero for free
19:16:24
intr:unredacted.org:
who do you think has the most monero right now
19:16:31
quadriocellata:matrix.org:
if everyone could stake wouldn't it just make your money not devalue over time?
19:16:39
yokoama:matrix.org:
@intr:unredacted.org: miners
19:17:00
intr:unredacted.org:
(gubmint)
19:17:17
Cindy:
the point i'm making is PoW's cost is massive compared to PoS
19:17:40
Cindy:
and it'll only increase exponentially to your hashrate
19:17:46
Cindy:
(unless you host botnets i guess)
19:17:59
Cindy:
PoS in the other hand has no costs
19:18:10
Cindy:
the costs don't even increase proportional to your stake
19:18:14
Cindy:
it remains constant
19:18:16
yokoama:matrix.org:
@intr:unredacted.org: lol, on paper; if they ever try to access it; they are already lost in boating accident
19:18:32
quadriocellata:matrix.org:
I dont understand why rich people wouldnt be able to profit more from PoW vs PoS , where anyone could stake, but potentially it can be difficult for some people to do PoW profitably
19:18:34
intr:unredacted.org:
gubmint hoards bitcoin too
19:18:50
Cindy:
anyone can stake
19:18:52
Cindy:
but they won't get shit
19:19:01
Cindy:
they'll get fractions of fractions of fractions of a penny
19:19:08
yokoama:matrix.org:
acquiring monero has costs attached to it, if you are no coiner then you think its not worth anything > <Cindy> PoS in the other hand has no costs
19:19:15
Cindy:
while the rich get much more than they do
19:19:28
quadriocellata:matrix.org:
but cindy as a % of supply
19:19:30
quadriocellata:matrix.org:
its all the same
19:19:36
yokoama:matrix.org:
@intr:unredacted.org: those cant be spent, as its can be monitored
19:19:39
quadriocellata:matrix.org:
so who cares if the rich get more, they dont in real terms ?
19:19:40
Cindy:
PoS only exclusively benefits rich people
19:19:49
Cindy:
while PoW could potentially
19:19:49
quadriocellata:matrix.org:
inflation adjusted*
19:19:52
intr:unredacted.org:
@yokoama:matrix.org: who gives a shit lmao, it's the government
19:19:53
intr:unredacted.org:
what are you gonna do
19:20:00
intr:unredacted.org:
before you do anything they'll have already taken control over the coin
19:20:14
intr:unredacted.org:
same with asic farms
19:20:16
yokoama:matrix.org:
@quadriocellata:matrix.org: even if they get rich, they are getting rich by securing the chain for everyone
19:20:25
Cindy:
it's either "maybe the rich will profit off of it" or "100% they'll profit off of it"
19:20:46
yokoama:matrix.org:
@intr:unredacted.org: you can live in fear
19:20:47
Cindy:
yokoama: who gets the emissions though
19:20:55
intr:unredacted.org:
I am currently living in laughter
19:20:58
Cindy:
the newly-minted coins
19:21:12
yokoama:matrix.org:
Cindy: 10% pos 90% pow
19:21:13
Cindy:
the poor get barely nothing, while the rich will hoard and HODL XMR
19:21:19
quadriocellata:matrix.org:
please explain to me how the rich actually get richer from pos, if everyone was staking most of their coins, isn't it the case that inflation adjusted everyone remains in the same place ? > <Cindy> it's either "maybe the rich will profit off of it" or "100% they'll profit off of it"
19:21:27
Cindy:
yeah but we're talkling about full PoS now
19:21:34
Cindy:
:P
19:21:45
yokoama:matrix.org:
Cindy: i see the left
19:22:01
yokoama:matrix.org:
how about we burn old mined coins ?
19:22:16
Cindy:
quadriocellata: because staking has a minimum limit anyway
19:22:19
Cindy:
not everyone can stake
19:22:37
Cindy:
just look at ETH, you need to have 32 ETH minimum to stake
19:22:42
yokoama:matrix.org:
Best to start with scratch ?
19:22:59
yokoama:matrix.org:
Cindy: yah XMR currently costs $1000 and you cannot afford it
19:23:47
yokoama:matrix.org:
Serious no coiners are trying to derail securing of chain, proably are from the feds
19:23:58
Cindy:
i'd like PoS to be 10%
19:24:00
Cindy:
or less
19:24:34
yokoama:matrix.org:
Cindy: Nobody is proposing 90% pos
19:24:51
Cindy:
quadriocellata's making me think otherwise :P
19:24:54
Cindy:
for some reason
19:25:27
yokoama:matrix.org:
Okay
19:25:30
quadriocellata:matrix.org:
Cindy: just thinking about it
19:25:31
yokoama:matrix.org:
GN
19:25:36
Cindy:
night yokoama
19:25:38
quadriocellata:matrix.org:
not proposing 100% pos
19:25:46
quadriocellata:matrix.org:
gn
19:26:11
quadriocellata:matrix.org:
just curious as monero will get larger , why power wouldnt centralize and PoW would actually become more profitable for rich guys than poor
19:26:24
ommanipadmehumom:matrix.org:
Guys how does qubic hash such high hashrate?
19:26:30
Cindy:
because PoW has more associated costs with it than PoS
19:26:35
quadriocellata:matrix.org:
qubic hashrate is fake
19:26:36
Cindy:
ommanipadmehumom: fake API
19:26:40
yokoama:matrix.org:
@ommanipadmehumom:matrix.org: Fake api data
19:27:02
Cindy:
in reality, they've only mined 7% of the last 1000 blocks
19:27:11
Cindy:
they don't actually have that much hashrate
19:27:44
ommanipadmehumom:matrix.org:
But that's because of selfish mining they are not constantly publishing blocks right? And in reality they've done 6 blocks reorg, is true?
19:27:57
quadriocellata:matrix.org:
but imagine if monero got massive, wouldn't it be reasonable to assume most mining operations would just move to where electricity is cheapest, probably in just a few big companies > <Cindy> because PoW has more associated costs with it than PoS
19:28:05
Cindy:
they're not doing selfish mining anymore
19:28:28
Cindy:
they lost more XMR rewards doing selfish mining than just mining regularly
19:28:43
ommanipadmehumom:matrix.org:
Like I don't mean that the reported hash is true but that they've achieved a 6 block reorg (I haven't confirmed myself) that itself means selfish mining
19:28:55
Cindy:
they have done reorgs before
19:29:12
intr:unredacted.org:
over half a year ago iirc
19:29:19
Cindy:
but that doesn't mean they have a high hashrate now
19:29:23
Cindy:
the API is fake
19:29:50
quadriocellata:matrix.org:
@ommanipadmehumom:matrix.org: wasnt a reorg
19:29:58
quadriocellata:matrix.org:
was it?
19:29:59
Cindy:
how can they have 5.5GH/s hashrate but yet mine very few blocks
19:30:29
ommanipadmehumom:matrix.org:
Cindy: In selfish mining you only publish reorgs basically not reuglar blocks afaik
19:30:36
quadriocellata:matrix.org:
at least from https://blocks.p2pool.observer/ , chain hasnt been contested in >500 blocks
19:31:05
quadriocellata:matrix.org:
Cindy: whats your view on that ? > <@quadriocellata:matrix.org> but imagine if monero got massive, wouldn't it be reasonable to assume most mining operations would just move to where electricity is cheapest, probably in just a few big companies
19:31:50
Cindy:
quadriocellata: how would they import the hardware
19:32:34
quadriocellata:matrix.org:
through some logistic network, but they will turn a profit or they won't do it
19:33:17
Cindy:
it'll make electricity more expensive for others
19:33:29
Cindy:
and people will complain
19:33:33
quadriocellata:matrix.org:
correct
19:33:39
Cindy:
just look at the AI datacenters
19:34:53
quadriocellata:matrix.org:
sure people will complain
19:35:07
quadriocellata:matrix.org:
people complain about landlords and the 1% hoarding wealth
19:35:12
Cindy:
so you're gonna lobby the government to ignore it?
19:35:51
quadriocellata:matrix.org:
you think the government acts in the peoples best interest? and will reduce electricity costs and stop big players mining crypto ?
19:36:17
Cindy:
i'm being optimistic :P
19:37:31
quadriocellata:matrix.org:
from what we see its all corrupt the higher up you get..
19:37:40
intr:unredacted.org:
in any model
19:38:02
Cindy:
but it's a much likely outcome than someone complaining about a 20 dollar potato computer staking the blockchain
19:38:14
Cindy:
i mean outcome of rich people taking over the blockchain
19:38:59
quadriocellata:matrix.org:
it would be nice if there was a way to have people mine at a loss
19:39:11
intr:unredacted.org:
we're working on that right now, don't worry
19:39:29
Cindy:
stake at a loss?
19:39:36
intr:unredacted.org:
https://mrelay.p2pool.observer/m/unredacted.org/ngfFcGowlPuntCsCBCVXsZHW.png (clipboard.png)
19:39:59
quadriocellata:matrix.org:
e.g. imagine if a web-browser would use a small % of cpu to secure the network
19:40:43
Cindy:
won't be the case until webassembly adopts the float rounding mode control proposal
19:40:52
Cindy:
that stuff is unfeasible
19:42:19
quadriocellata:matrix.org:
I mean just running inside of any application, a small % of cpu will go to do randomx , something not that noticeable, but summed across many devices offers some network security
19:42:52
Cindy:
yes, that used to be the case when monero was still using cryptonight
19:43:02
Cindy:
nowadays, that's pretty hard to hide, because RandomX uses 2 GB
19:43:05
Cindy:
of RAM
19:44:40
ltzsh:unredacted.org:
hi guys :)
19:46:01
intr:unredacted.org:
hi guy
19:47:55
321bob321:
And people thought getting an ssd was going to be an issue
19:48:01
321bob321:
Now its ram
19:53:45
albertlarsan68:albertlarsan.fr:
@intr:unredacted.org: What is the (possible) reason for xmr being down so much?
19:53:47
intr:unredacted.org:
I have no earthly idea
19:54:13
quadriocellata:matrix.org:
all tied to btc even monero
19:54:22
Cindy:
don't know and don't care
19:54:56
intr:unredacted.org:
price on haveno.markets is still 440
19:55:29
albertlarsan68:albertlarsan.fr:
It s 310 usd in the haveno app though
19:55:53
intr:unredacted.org:
¯\_(ツ)_/¯
19:56:07
quadriocellata:matrix.org:
all you have to ask yourself
19:56:22
quadriocellata:matrix.org:
if btc goes to 0, will that mean noone will use monero anymore ?
19:56:39
quadriocellata:matrix.org:
the answer is no, so just use monero! =D and dont worry too much about the price, though it can be difficult
19:57:23
intr:unredacted.org:
I'm not a big price or moon type of guy but it is a bizarre phenomenon, and I do believe the coin's valuation is important to its health
19:57:41
intr:unredacted.org:
bitcoin's price is of course ridiculous and I don't want monero to touch anywhere near that range, but
19:57:57
albertlarsan68:albertlarsan.fr:
It is a good time to buy, especially since the paycheck just came in
19:57:58
intr:unredacted.org:
I was just as worried about the pump honestly
19:58:04
quadriocellata:matrix.org:
btw Cindy counter to my argument is that same thing applies to gold (about rich guys having easier profit from it)
19:58:20
intr:unredacted.org:
I don't buy monero tbh
19:58:29
ommanipadmehumom:matrix.org:
https://mrelay.p2pool.observer/m/matrix.org/RGASILElosUtISekQfnTXtaY.png (Monero.png)
19:58:30
intr:unredacted.org:
eanr & spedn
19:58:33
quadriocellata:matrix.org:
@intr:unredacted.org: both have been a bit extreme ..
19:58:35
Cindy:
i used monero when it was 170 dollars
19:58:36
ommanipadmehumom:matrix.org:
Is such a fast block succession sign of reorgs?
19:58:44
Cindy:
no
19:58:51
Cindy:
0% correlation
19:59:03
intr:unredacted.org:
@quadriocellata:matrix.org: it's unhealthy for a coin imo
19:59:28
quadriocellata:matrix.org:
@intr:unredacted.org: make stablecoin monero great again
19:59:44
intr:unredacted.org:
slowly rising stablecoin plz
19:59:46
Cindy:
why do people care about the price a lot
19:59:55
intr:unredacted.org:
I just explained..
20:00:08
quadriocellata:matrix.org:
Cindy: cause ppl are in usd/eur/gbp brains not xmr brains
20:00:08
Cindy:
oh
20:00:09
Cindy:
health
20:00:20
quadriocellata:matrix.org:
all depends on your frame of reference
20:01:27
intr:unredacted.org:
it ain't about the GoodBoyPoints or monopoly bills but the purchasing power, if the same ɱ now buys me half a can of coke in the span of 4 days that's not a good thing
20:01:37
quadriocellata:matrix.org:
@ommanipadmehumom:matrix.org: good question. seems like fast blocks
20:01:59
quadriocellata:matrix.org:
@intr:unredacted.org: exactly, but I think that is the fate as monero will get more popular
20:02:00
quadriocellata:matrix.org:
ppl love to speculate
20:02:05
quadriocellata:matrix.org:
look at gold even recently
20:02:06
intr:unredacted.org:
I want them OUT
20:02:10
quadriocellata:matrix.org:
and gold is 30T mkcap
20:02:19
intr:unredacted.org:
(exaggerating ofc)
20:02:26
intr:unredacted.org:
yeh gold's movement is why I am worried in general atm
20:02:35
quadriocellata:matrix.org:
@intr:unredacted.org: we cant always have what we want 🤣😉
20:02:40
quadriocellata:matrix.org:
@intr:unredacted.org: me too
20:02:50
intr:unredacted.org:
we can, but uhhhh
20:03:04
quadriocellata:matrix.org:
@quadriocellata:matrix.org: monero and precious metals have moved fairly in tandem as pressure has increased in the world
20:03:26
quadriocellata:matrix.org:
until now something bad is happening in crypto so monero cant hold itself steady
20:03:44
quadriocellata:matrix.org:
@intr:unredacted.org: hahaha most of the world are speculators
20:04:00
quadriocellata:matrix.org:
and like NGU
20:04:01
intr:unredacted.org:
we can't expect god to do all the work
20:04:03
quadriocellata:matrix.org:
its natural in some sense , unfortunately
20:04:09
intr:unredacted.org:
for future reference: I am joking
20:05:25
quadriocellata:matrix.org:
well imo ppl turning there back on religion (or at least its framework for living) is causing some of these problems we see now ..
20:06:11
intr:unredacted.org:
I think this is turning a little too offtopic
20:14:11
quadriocellata:matrix.org:
agreed
20:15:53
quadriocellata:matrix.org:
I saw that some of the guys that mine to qbic also have their own p2pool now with a small fee https://xmrskip2p.jetskipool.ai/
20:16:07
quadriocellata:matrix.org:
you know anything about it , or why they would do that ?
20:16:54
intr:unredacted.org:
butthurt?
20:17:25
Cindy:
>0 connected miners
20:17:29
Cindy:
>31KH/s
20:17:34
Cindy:
oooooh i'm so scared
20:17:41
quadriocellata:matrix.org:
just found it weird they choose to do something with p2pool than just their own pool
20:17:42
quadriocellata:matrix.org:
Cindy: their hashrate goes a lot higher than rn
20:17:59
quadriocellata:matrix.org:
I'm not saying we should fear them, just found it interesting their approach
20:19:41
albertlarsan68:albertlarsan.fr:
Maybe they are mining on p2pool and redistributing the rewards?
20:26:32
ommanipadmehumom:matrix.org:
@ommanipadmehumom:matrix.org: I think this is actually a hint. In https://blocks.p2pool.observer/pools I see that qubic and monero ocean have mined a block on the same minute. So it is coherent with the selfish mining attack. Still I don't know how to know the length of the reorg.
20:29:22
ommanipadmehumom:matrix.org:
Also if this is not the right place to discuss this let me know where to go I came to matrix specifically cuz I thought it'd be more technical. But the development channel seems not to be the place either.
20:30:28
masayuki:wired.rehab:
No xmr etfs helps a lot. Availability within Kraken (and one other cex iirc) still enables a fair amount of speculation though > <@intr:unredacted.org> I want them OUT
20:30:42
intr:unredacted.org:
indeed
20:30:49
Cindy:
no other CEX*
20:30:50
intr:unredacted.org:
I'm moderately ok with dex speculation
20:30:59
masayuki:wired.rehab:
@ommanipadmehumom:matrix.org: This is best, ontopic xmr discussion
20:31:00
Cindy:
literally the list is getting shorter everyday
20:31:14
Cindy:
there are very few CEXs that support Monero now
20:31:31
masayuki:wired.rehab:
Dev is more for open pull requests and discussion
20:31:38
masayuki:wired.rehab:
Cindy: Are there any other than Kraken?
20:32:11
Cindy:
XMR on kraken barely exists
20:32:14
Cindy:
except in some places
20:32:33
Cindy:
they already delisted XMR for EU, canada, UK + australia + new zealand
20:32:56
Cindy:
(all of this due to regulation)
20:33:25
plowsof:
masayuki "is now a good time to learn c++" in dev was hilarious to see at ath
20:35:53
intr:unredacted.org:
lmao plowsof
20:37:42
albertlarsan68:albertlarsan.fr:
There used to be kucoin, but they stopped operations in my country
20:38:34
albertlarsan68:albertlarsan.fr:
So I don’t know if they still list it
20:41:05
nioc:
kucoin still has montero
20:43:56
AlbertLarsan68:
Even in Europe?
20:44:59
just_another_day:matrix.org:
Is simply subsidizing mining on "honest" pools (e.g. supportxmr) a way to mitigate Qubic-like attacks? How much would it cost? Can we fundraise it? Would it be that bad for decentralization?
20:46:20
albertlarsan68:albertlarsan.fr:
Not supportxmr as it already has over 30% of hashrate, but other pools why not
20:47:50
nioc:
I know someone in euroland who uses them, fully kyced
20:48:40
nioc:
don't know if they use the euro addy
20:49:04
nioc:
I assume so
21:10:06
DataHoarder:
Qubic is not selfish mining nor do they have that hashrate
21:10:11
DataHoarder:
dkat on their discord also said it is a bug
21:10:24
DataHoarder:
And the emission and us looking at their internals also points the same
21:10:41
DataHoarder:
Getting blocks at the same minute is not selfish mining, that is normal operation
21:11:19
Cindy:
DataHoarder being the best diplomat
21:11:34
Cindy:
between Monero and Qubic
21:11:47
DataHoarder:
I am still banned there and have never spoken there
21:12:00
Cindy:
too good of a diplomamt then
21:12:03
Cindy:
diplomat*
21:12:07
DataHoarder:
The qubic snooper (which I don't have a handy link for atm) also shows nothing
21:12:24
DataHoarder:
The blocks explorer uses it as a source. So it would show up any selfish attacks
21:13:05
DataHoarder:
I can check the logs and get real hashrate stats a bit later
21:15:08
intr:unredacted.org:
comical > <DataHoarder> dkat on their discord also said it is a bug