Welcome to XMR General, dedicated to the discussion of the world's leading privacy-coin! Because Monero is secure, low-fee, and borderless, people can easily send money despite corrupt and broken governments or banks. This provides economic empowerment of individuals in oppressive countries or depressed economies. Private financial history protects consumers and companies from price manipulation, supply chain exploitation, economic discrimination, or the like. Monero is the only cryptocurrency that has the features to serve as completely fungible, decentralized, electronic cash.
If you're new, feel free to ask any questions you like and a Monero Chad will be with you shortly.
FAQ (Updated 12/11/2020) >What is the best way to get Monero? - If you don't mind KYC, then Kraken and Binance are the two exchanges with the largest amount of liquidity. - If you would prefer no KYC, Local Monero is a service to directly connect you with people selling Monero. Otherwise, you will need to buy Bitcoin and then move that Bitcoin through a medium without KYC, such as a coinswap service (morphtoken), a centralized exchange (kucoin, tradogre), or a p2p application (Bisq). >What is the best wallet? Chad option - The GUI and the CLI synced to blockchain. Easy Option - My Monero, Cake Wallet, Exodus >I just read _____ that says Monero can be traced. Is it over? No. Monero can not be directly traced. To date, there has never been a directly traced Monero transaction. What could realistically happen is an adversary can pick up metadata that a Monero user may unknowingly leak when doing a transation. For example, If you purchase Monero on a KYC exchange and then transfer off of an exchange, the metadata that the KYC exchange would store is the date and time you sent Monero, the amount of Monero you sent, the Monero address you sent Monero to, and the IP address that you are logged in. Monero does not prevent metadata, so be aware of this. Whats with Monero's recent price movements? During the recent pump, Monero held and gained in its USD value but bled in its BTC ratio. During this current dump, Monero has held its USD value and has gained in its BTC Ratio. The speculation here is that Monero is decoupled from the market and is moving based on it's own demand, as noted in our increasing transactions >What's a make it stack? An unknown amount.
Why would it be? We're soon to have the entire crypto market explode as regulations are being set and people will want privacy. Monero's use will be invaluable. Thats only 120b marketcap btw. If the entire market cap for crypto does a 4x alone in that time period with added reagulations which are coming in 3-5 weeks fyi, that is actually a rather reasonable price by 2023. Honestly I'm personally unloading about 10% at 3k and letting the rest run its course. Unless some of my other holds moon before that than I'm loading up as much as possible under $1k.
Oliver Smith
go fling your poo in any of the dozen Zig Forums scam of the week threads faggot. If you don't understand the growing demand for privacy or the growth in adoption of Monero you are a retard. No, but you can mine Monero if you so choose, and you can do this on any CPU. Monero's Random X mining algorithm is ASIC resistant and made to benefit people mining with CPUs. I don't know if you remember the mania of the peak of 2017, but you had absolute shitcoins skyrocketing in value. Nano, Ark, Req, etc. Logic is thrown at the window during a bubble. Monero is one of the soundest investments in crypto right now because of the improvements in chain analysis and Monero's long term growth. Most of us believe that during the peak of the bull run Monero should hit between 0.03-0.01BTC. So 8k is a higher estimate, but I'd argue it is a valid one, especially if we see more on-ramps over the next few years, as well as atomic swap adoption.
Nicholas Jones
What's the current blockchain size for XMR? I'm probably going to buy an external HDD for storing blockchain data for BTC, XMR and maybe ETH, so I'd love to know beforehand how much is it going to take.
Theoretically you can. You can require people who use your remote node to pay via hashes.
But you're competing against all the other remote nodes and most remote nodes are free.
Lucas Powell
>No, but you can mine Monero if you so choose servers running hot enough as it is already maybe i'll put a full node anyway just for the sake of it ok i see, too bad i guess but also probably best that way
its about 100.6GB the blockchain on getmonero is 63.75 but is larger once imported because of additional things needed when importing, but the raw blockchain is 100.6GB once imported according to my data file. However, you can also prune the blockchain, which will decrease the overall size to 1/3 of the total.
Jason Edwards
Is it dangerous to mine Monero? will there be attaks to my pc if I try to mine, I'd like to try but I wonder if i'll expose my network to risk hacker etc?
Alexander Jones
your mommy might yell at you for taising the electric bill but if she uses a blowdrryer for her taint she won’t notice
Jaxon Young
also please wha tis recommended to use to mine Windows? Linux? no difference?
Carson Allen
Yes it's incredibly risky. Last night a pajeet crawled through my ethernet port trying to steal my coins
to be fair even I get kind of paranoid just running a full node since it might land me on some kind of list. But as the saying goes, if you aren't on a list already you're doing something wrong.
Grayson Perry
linux will have slightly better performance but you can mine on windows as well
Robert Fisher
honestly you sound pretty clueless so I would recommend not mining kek but i'll answer you anyways. assuming you do your research and download a mining software, all you would be doing is lending cpu power to a mining pool. the operating system has no effect over how good your hardware is. this attack has nothing to do with mining. it effects people who run their own nodes. It also isn't dangerous but an inconvenience, as it is disrupting nodes from fully syncing to the blockchain. >he didn't update his Anti Raj Malware ngmi.
Hudson Gomez
Of course I'm clueless, that's why I'm asking. Why sould I download "a" mining softwar, isn't the mining software this one?? web.getmonero.org/get-started/mining/
Jeremiah Ross
>lending cpu power to a mining pool does XMRig somehow work as nicehash then?
Gabriel Wright
You’re doing god’s work good job that fucking pajeet stinking up every monero thread
Aaron Bell
>you sound pretty clueless so I would recommend not mining what kind of highly specialized knowledge is it needed to mine if not "start" a program kek?
Evan Hill
I use nicehash, but you can just mine eth and xmr using any pool. It doesnt matter. I simply cash out in xmr on nicehash
