This daily general is for supporters of the cypherpunk ideology to hang out and help noobies learn about Monero, the most fungible cryptocurrency. A cypherpunk is any activist advocating widespread use of strong cryptography and privacy-enhancing technologies as a route to social and political change.
We believe that Monero is the logical continuation of Bitcoin because it offers superior privacy, leading the way to many potential use cases. Discussion points include rising Dark Net adoption, news articles about Monero, daily transaction totals, and new technology updates to the Monero project.
Moonboy posting is discouraged, however price speculation and TA is fine.
lmfao. this is true. I've actually always assumed that Monero won't be outright banned because it is simply too useful for the elite. It'll be one of those things that everyone will have to get used to because it benefits literally everybody. Eh. Our ratio at least bounced to 0.0073. That's an improvement. We'll see if we can hold it. Monero has actually performed pretty solidly over the past month, which is nice to see. The lack of pumps is because people are buying Monero to use it, and the Monero team isn't advertising their improvements with flashy presentations like all the Erc scams. The day when we start to see demand outpace supply will be glorious however.
Thomas Reyes
ETHBTC also made a higher high, could be a good sign for XMRBTC too
Easton Clark
I hold XMR like I hold Bitcoin. Actually I regularly doubt about converting my bitcoin into xmr.
medium.com/coinmonks/bitcoin-security-a-negative-exponential-95e78b6b575 "Assuming fees stay constant (or increase in pace with price) the only way to have a constant security factor would be to steadily increase block rewards in proportion to total supply so that Bitcoin had a constant X% inflation rate — which the community would never accept." This is what XMR does OR "But why would total fees paid suddenly increase as the block reward drops? Users always want to pay minimal fees. Based on current figures, fees would need to go up 37x to compensate for the halvening in 2020." Bitcoin becomes a cryptocurrency that cannot be used for any kind of small transaction. The fees demand transaction sizes of the level of business and government.
I know tail emission of xmr. its also not even that ba acccording to the charts ive seen.
xmr is super scarce and will stay super scarce even when tail emission kicks in.
Eli Green
the idea is that tail emission of xmr is to allow scaling by keeping a reliable security budget and payments to miners. xmr is scarce
Jose Perry
I know fren I know, XMR is genius. I read some rumours satoshi is one of the 5 anonymous lead devs of xmr ( 5 of the 7 lead devs are user )
Luke Hall
One of my favorite cryptos. Bullish AF. This isn't a pozed kiked shit like Zcash or a fake private coin like Dash.
My main concern is about Fluffypony's resignation. Is that why XMR is so cheap nowadays?
Isaac Cook
it's not really a resignation, the point is that he's not the number 1 guy "CEO" of monero anymore
Ayden Cook
>Fluffypony's resignation
fluffy isn't even an important developer, he's just a public face. as I said, the most important (5) main developers are completely anonymous. He also wasn't a very good public face and thats why he left / was made to resign.
Matthew Davis
Similar to digibyte's Jared Tate, even. Interesting
All right, I thought he was like a super core dev. Good to see it's nothing like the end of XMR.
Thanks!
Aiden White
Monero has its guts. Node/wallet seperation Scarcity Fungibility Privacy Dynamic block size Miner reward is independent from the fees Asic resistance And a nice community
Gavin Moore
If you're interested in fluffypony, you should check out Tari. based > sup based comfy user
Isaac Ramirez
ok bros unironically what is the suicide stack for this?
Lincoln Perez
The suicide stack for XMR is [unknown amount]
Samuel Russell
The list of Monero species is quite dense and goes like this. 0.) Cthulhu (200 000+ XMR) 1.) Leviathan (100 000+ XMR) 2.) Blue whale (60 000+ XMR) 3.) Orca (40 000+ XMR) 4.) Narwhal (20 000+ XMR) 5.) Dolphin (10 000+ XMR) 6.) Shark (5 000+ XMR) 7.) Black Marlin (2 000+ XMR) 8.) Wels catfish (1 000+ XMR) 9.) Tuna ( 500+ XMR) 10.) Electric eel (200+ XMR) 11.) Norwegian Delicious Salmon (100+ XMR) 12.) Gadidae (50+ XMR) 13.) Salmonidae (20+ XMR) 14.) Gilt-head bream (10+ XMR) 15.) Atlantic mackerel (5+ XMR) 16.) Herring (2+ XMR) 17.) Goldfish (1+ XMR) 18.) European pilchard (0.5+ XMR) 19.) Dwarf Goby (0.2+ XMR) 20.) Paedocypris (0.1+ XMR)
