Monero

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This is the Lemmy community of Monero (XMR): a secure, private, untraceable cryptocurrency that is open-source and freely available to all.

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Warning: Freewallet is a Scam!

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Why Monero?

Monero is secure.

Monero can't be hacked to steal your funds, due to the power of distributed consensus. This means that you are responsible for your own money, and don't have to trust any entity to keep it safe for you.

Monero is private.

The power of the blockchain usually increases security at the cost of privacy, but with Monero's sophisticated privacy-centric technology, you get all of the security benefits of the blockchain without any of the privacy trade-offs.

Monero is untraceable.

By taking advantage of ring signatures, Monero makes it ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to any particular user.

Monero is fungible.

Because of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors.

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 2 years ago
MODERATORS
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Should I have a cold wallet AND a hot wallet at all? Like, should I for example use a hardware wallet to receive, mine, and send Monero, instead of having more wallets?
Should I make a paper wallet with the app that can be downloaded to make offline wallet keys? Then how would I see balance, sign keys, etc.?

For BTC, even though I never actually used it (never got BTC), I saw Electrum like this:

Create wallet in offline device
Export view key to online device
Create TX in online device
Sign TX in offline device
Broadcast TX in online device

But for Monero I’m clueless, because I haven’t found any guide properly explaining it.

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Greetings everyone,

I’m part of Dawnswap (Dawn-Collective) and we used to post on monero.town which is not available anymore for the XMR community. So we would like to continue posting our updates here among other places. For those who don’t know us yet feel free to check our official https://dawnswap.com/ website or Tor onion site. We’re a Haveno instance and launched last summer. Right now we’re aiming to grow and reach out to the traders among us and clients to connect them. Here are some of the characteristics of our instance:

Crypto currencies: XMR, USDT, USDC, ETH, BTC, LTC, BCH, DAI

Other assets supported: XAU (Gold), XAG (Silver), XGB (Goldback)

Wide range of fiat currencies and payment methods to choose from

Minimum trade and deposit amount reduced to 0.02 XMR (default: 0.1 XMR)

Minimum deposit percentage reduced to 5% (default: 15%)

Maker fee is 0 % and taker fee 0.4 % to cover systems cost and maintain a self-sustaining network

Custom installation paths for side-by-side use with other Haveno based networks

Arbitrators 24/7 available for timely dispute resolution reduced from 6 days to 3 days

Non-Custodial: Users maintain control over their funds

Privacy-Focused: Utilizes Monero and Tor for secure transactions

Reliable decentralized infrastructure for maximum availability

Feel free to visit our open source github page for the latest code and releases. If familiar with pgp please also save our pgp key and use it to verify official communications and related.

Thank you,

Dawnswap

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cross-posted from: https://lemmy.sdf.org/post/46374091

Hi

I documented myself about Monero and it seem really great !

I would like to start my own node but obviously before I have some questions and I would like to exchange about it.

Like lemmy is still "marginal" but growing, the community's are still low, so I went on the official website of Monero but I see that they only propose linear chat services that require that you identify yourself ! or belong to GAFAM and that goes quite to the opposite of what Monero fight for to preserve your right to anonymity.

Do you know a crowded lemmy community where I could exchange with other Monero enthusiasts or anything else that is a like a built-in board forum where when you have a question you can open a dedicated thread and exchange on that thread ?

Thanks.

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submitted 3 months ago* (last edited 3 months ago) by ArcaneSlime@lemmy.dbzer0.com to c/monero@lemmy.cafe
 
 

Hey Monero people, I hope it's ok if I ask a few questions (and ok that I'm gonna crosspost this to monero.town even though you're phasing it out because the subbed number is higher), I trust you more than the LLM and ad filled search results.

What's the safest way to get monero from fiat anon in Current Year?

  • Buy, say, ETH kyc, and transfer?
  • Hodl Hodl or localmonero or something? (recs welcome)
  • other? Please share preferred

I'd rather burn a few bucks to not get ripped off, if it's reasonable, but I'm open to (I've heard you can somewhere) buy a gift card and do a transfer with escrow.

With Cake Wallet, I rolled a random name for my xmr wallet, would I lose anon if I named it a pre-used screen name(+xmr, btc, etc) and used subkeys? Who all can see the wallet name?

If I do end up with some kyc monero, what exactly does that mean to me? I still use it anon but have to pay taxes or something, or is it like, "now we know who is associated with this acct and you paid your weedman in XMR so now we send you to prison?" Should I have one wallet, kyc that one, and then send it to a second I keep clean, is that reasonable? Can I only accept non-kyc monero to my acct if I intend to stay anon? I'm so very new to this.

I'm really not planning on dodging taxes or buying/selling weed, actually mostly planning on using it as an inconvenient but private cashapp-type replacement (prob have like, btc, xmr, and eth wallets for variety just in case and store the funds as btc and xmr), but I'm privacy minded which is what attracts me to XMR to begin with, I'd like to plan for buying a gun that shoots fentanyl bullets on the darkweb and then in reality I'm paying my friend for watching my cat, or being paid for watching their dogs.

Lastly, is there anything else you think I'm too inexperienced to know to ask, but should be told? I mean consider me dumb, I don't know shit, I'm new to crypto entirely not just xmr or cake.

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submitted 11 months ago* (last edited 11 months ago) by shortwavesurfer@lemmy.zip to c/monero@lemmy.cafe
 
 

What's Changed

  • Add extra information to all offers by @woodser in #1557
  • Clone offers up to 10 times with shared reserved funds @woodser in #1668
  • Support Linux AARCH64/ARM64 by @NorrinRadd in #1665
  • Reactivate triggered offers if within trigger price again by @woodser in #1598
  • Use default transaction fees instead of elevated priority by @woodser in #1590
  • Prompt to start local node on startup if last used by @woodser in #1667
  • Enable floating price Cardless Cash offers by @woodser in #1568
  • Improve protocol reliability by resending payment messages until acknowledged by @woodser in #1654
  • Search boxes are more capable by @woodser in #1681
  • Do not publish or accept offers when disconnected from Monero node by @woodser in #1648
  • Add DAI stablecoin (ERC20) by @woodser in #1600
  • Add PaySafe payment method by @woodser in #1632
  • WeChat Pay supports CNY, USD, EUR, and GBP currencies by @woodser in #1558
  • AliPay supports all currencies by @woodser in #1559
  • Create demo video by @Minecon724 in #1352
  • Update monero-project to v0.18.4.0 by @woodser in #1675
  • Update monero-java to v0.8.36 by @woodser in #1590
  • Update Tor browser to v14.0.7 and tor binary to v0.4.8.14 by @boldsuck in #1650
  • Add documentation to use external tor by @PromptPunksFauxCough in #1627
  • Add documentation to install Haveno on Whonix & Qubes by @PromptPunksFauxCough in #1628
  • Fix support hyperlink by @jermanuts in #1608
  • Improve payment account serialization by @jsyk57 in #1620
  • Many bug fixes and usability improvements
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submitted 1 year ago* (last edited 1 year ago) by rottenwheel@lemmy.zip to c/monero@lemmy.cafe
 
 

BE

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submitted 2 years ago* (last edited 2 years ago) by rottenwheel@lemmy.zip to c/monero@lemmy.cafe
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cross-posted from: https://lemmings.world/post/12787871

  1. SEPARATE MONERO ACCOUNTS - For privacy reason, organize own funds into accounts like “cash”, “work”, “trading”, “mining”, “donations”, etc.. And in order to later combine these individual accounts funds, sweep/withdraw each of the account balance the way, that you do NOT sweep/withdraw multiple accounts balances in a single transaction, but one transaction per account. Feather wallet may do this thanks to its "Coin control" functions? Source: https://getmonero.dev/public-address/subaddress.html ; https://docs.featherwallet.org/guides/features

  2. WAIT/AGE XMR AFTER RECEIVING IT - After receiving Monero (XMR) from a 3rd party, wait some time (a few hours to a few days)

  3. CHURN/MIX XMR BY SENDING IT TO OTHER OWN ACCOUNT - Churning/mixing means to send your Monero/XMR to a different account/wallet in order to make it harder for others to track you: "So after 1 churn, there is a 1 in 16 chance (6.25%) that this transaction is yours. After 2 churns, it is a 1 in 16x16 = 1/256 = 0.39% chance that the final output of the route is yours. After 3 churns, 1 in 16x16x16 = 1/4096 = 0.0244%".

A) Send your entire (or part of) your account's balance to a different account/wallet of yours, such secret destination account won't be used for receiving 3rd party XMR (only yours).

B) Send your entire account's balance to same account (its own address - self). In case you would send partial, you would mix churned outputs with non-churned making your anonymization effort more or less pointless.

  1. WAIT/AGE CHURNED/MIXED XMR AGAIN

  2. CHURN/MIX AGAIN BY SENDING TO SELF OR 3RD PARTY - In order to decrease chance (from above mentioned 6.25% to 0.39%) of output being attributed to you. When having various Monero accounts for various purposes (e.g. "work", "home"), possibly churn 2x before "merging" XMR from multiple accounts of yours, example: KYC'ed 3rd party -> MyWork -> MyWork2nd ......... 3rd party -> MyHome -> MyHome2nd -> MyHome3rd -> MyWork2nd


FAQ: Why it is not pointless to send Monero from/to self, meaning same account? Because sending to same account is effective in decreasing the chance of a transaction being traced (attributed to you), since "there is no way to see the address" and other person says "You can send to yourself as many times as you want, without anyone knowing you're actually doing it. Every such transaction (called "churn") puts you in a bigger crowd of possible senders." and another person claims similar "churn to your own wallet, as it is not possible to link the output to the wallet".

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Currencies buttons work, most popular fiat and cryptocurrencies on the top, .onion hyperlink and a full code refactor. Feedback appreciated!

calc.revuo-xmr.com

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submitted 2 years ago* (last edited 2 years ago) by rottenwheel@lemmy.cafe to c/monero@lemmy.cafe
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