The Citadel of Financial Freedom EditionMonero is anonymous internet money. Unlike all other coins, nobody can see what's in your Monero wallet, not even the government. Thanks to this property of fungibility, among others, Monero is the only crypto that can actually be called sound money, comparable to physical gold.Easiest way to buy (de-listings can't stop us):>have any crypto>swap on trocador.appThe Citadel is under attack! If you care about anonymous/fungible/private digital money existing at all, stack as much monero as you can. If you care about financial freedom in general, stack monero. This will raise the coin's security budget. You can also easily mine on a CPU. Monero has the most active economy in crypto. For example, you can buy and sell goods and services on XMRBazaar.com. Invest in your financial freedom! Become a part of it.Info dumps:https://pastebin.com/raw/0AxVPSrahttps://moneroinfodump.neocities.orgPrevious thread: >>60875915
>>60881462Thanks, now the thread actually looks clean: both in terms of the info organization and in terms of the ideology.
Marschad thread: 300 replies from different anons. Bakecel thread: 100 replies from the same guy using different devices. Can we say the era of commienero is over?
>>60881528It is what you make it, Anon.
>>60881528Not before people actually start coming to monero for ngu. Right now many in the community still believe that trying to build an economy without getting people interested by the ngu first is possible, which proves to be wrong.
Are there any people here who actually tried to explore the code of serai/monerod and contribute to it? Would be interesting to learn about how the development process works and where it's best to start.
>>60881591I try to read the commits occasionally but I'm far from a C++ god. The best way to start is to be in the Monero IRC/Matrix channels:#monero-research-lounge:monero.social#monero-research-lab:monero.social#monero-dev:monero.social#monero-community-dev:monero.social
>>60881462So what's the current distribution of views on best mining approach, including:>merge mining>New ASICs on a new algo>ASICs on an old algo>GPU mining>Solo only mining>Combined CPU & ASICs, localPoW
XMR mining should be profitable.
>>60881616Thx. C++ is bad news, maybe I'll have more luck with serai since it's written in Rust. Should be easier to work with.
>>60881739monerod is C++. There is alternative implementation being developed in Rust called cuprate.
>>60881692>merge miningThe argument against it is that we don't want Monero to be dependent on another coin, and that the other coin's miners would just attack Monero instead of mining it. So they're going to say no thank you to extra money and attack monero because it's competition to their coin, even though that did not happen with LTC and DOGE. I don't know.Also does anyone know how would this look on technical level in context of being dependent on the other coin?>New ASICs on a new algoEasy to single out and attack on regulatory level. ASIC manufacturer centralization/permission concern.>ASICs on an old algoThis would still make us vulnerable to something like Qubic because our miner profits would still be low compared to how much ASIC are out there and those can be rented or straight up bought to attack.>GPU miningBesides the fact GPU mining is just mining that has not got its ASIC yet, it does not address Qubic style attack again, because there is a lot of GPU out there to turn against Monero.>Solo only miningInteresting but work around may be possible.>Combined CPU & ASICs, localPoWIf it can't be worked around like being able to get away with a remote connection to ASIC, it sounds promising.
In case anyone is interested, a bot has been keeping bakecel general alive for months, if not years4+ hours between posts: https://warosu.org/biz/thread/60691393#p607071164+ hours between posts: https://warosu.org/biz/thread/60258206#p602671592 hours between posts: https://warosu.org/biz/thread/60258206#p602686977+ hours between posts: https://warosu.org/biz/thread/60258206#p602717775+ hours between posts: https://warosu.org/biz/thread/60258206#p602779727 hours between posts: https://warosu.org/biz/thread/60258206#p602888823 hours between posts: https://warosu.org/biz/thread/60258206#p602910794 hours between posts: https://warosu.org/biz/thread/60246950#p60252956
>>60881800>This would still make us vulnerable to something like Qubic because our miner profits would still be low compared to how much ASIC are out there and those can be rented or straight up bought to attack.Not really. The idea is that currently there are too many CPUs readily available to attack monero, no additional moves required. If you require any additional piece of hardware that doesn't usually happen to be installed in a PC, it makes qubic-like attacks very unlikely because it requires buying a bunch of otherwise useless hardware, which costs money, time and effort. Botnets are getting btfo'd as well, which is a good thing because honest miners will have a chance to not mine at a loss. But this obviously works better when you keep the reliance on CPUs, aka local PoW.>Also does anyone know how would this look on technical level in context of being dependent on the other coin?Monero research launge room has some hints on that.
I love the new generalI hate the faggot bakecel OP
>>60881838Kek. Not sure though if it's just another schizo theory like they have about us being some twitter raiders.
samefag
>>60881528>Bakecel thread: 100 replies from the same guy using different devices.Everyone I dislike is the same personDon't forget that I make up over 50% of your previous, false general
>>60881849This was just 5 minutes of searching. If you go through the archives to the bear market this happened at least a dozen times every single thread. Always when it hit page 7 or 8 on the catalog. It was even admitted a few threads ago that the bakecel OP posts are done by a bot
>>60881856Thanks for pointing out it's you so we can ignore you from the start. I hope people itt have enough patience to not fall for your dumb not based in reality provocations again.
Reminder: This fake general exists only because moonfags always get btfo'd in the real general (>>60875937). Take a look which general looks like one from months ago and you'll see that this one is just an impostor for ngu.
It's ironic how much bakecels seethe that they have to leave they "comfy" as they say thread and go to ours.
>>60881868You know you can't, I'm the vehicle that drives discussion here. Without me some of you would still think that a code fork would split the network (>>60877587)
>>60881871We care about you falsely representing XMR
Just a friendly reminder that that neet above advocates for mining at a loss, not hoarding monero despite that it reduces network security which is crucial when it's under a successful 51% attack on the network, constantly pretends to misread others' posts twisting the meaning in his favor, and when he's proven to be wrong, just starts going in circles on the same communist arguments that fail in practice. He's able to do it almost 24/7, apparently, it's some mentally ill neet.Just ignore him, the only thing he spreads is lies and misinformation that hurt monero in the end.
>>60881731Based.>>60881462Love the simple OP.
>>60881849Also the empty posts are always done by OPs ID
>>60881901>Mining at a lossYes>not hoarding monero despite that it reduces network security which is crucial when it's under a successful 51% attack on the networkSaving is fine, keeping XMR solely so ngu isn't. Also it won't help if there are no miners. >constantly pretends to misread others' posts twisting the meaning in his favorCompletely incorrect>just starts going in circles on the same communist arguments that fail in practice.Communism isn't when you're allowed to have a private, anonymous and functional currency.>He's able to do it almost 24/7, apparently, it's some mentally ill neet.Oh no, you're a wagie who can't work from home? No I get why you need ngu. >Just ignore him, the only thing he spreads is lies and misinformation that hurt monero in the end.If you had ignored me the previous false general would have had over 50% less posts
>>60881692RandomX cpu mining is good. The problems are selfish mining, price too low, and potentially Qubic's trick of offering all possible merge mining rewards plus a bonus shitcoin. First problem seems to be the simplest and will probably be solved by "publish or perish" proposal or similar. Second problem is partly up to us to band together with the power of positive thinking. Third is trickier and I haven't though a lot about it.
>>60881692I think we are stuck with RandomX and CPU mining, for better or for worse.We should get monero mining something bringing profit, and something that gets you more than dust amount XMR coins.The best way to the former is Monero gettting upwards price pressure. So... Hoard it. Put your moneros to your cold storage (USB stick running tailsOS, which has Feather Wallet). Aspire to get to double digit monero piles.The latter is being done by having bigger mining setups. Instead of a single computer mining monero, once we have the price pressure allowing for it, we can have a garage full of CPUs and motherboards. Kinda like how comfy ETH mining was back in 2017-2021.I am not for merge mining with LTC with or any other blockchains. Monero should be free and sovereign.
>>60881947>Aspire to get to double digit monero pilesDouble digits? Ngmi. Triple digits and no less!
>>60881947>We should get monero mining something bringing profit, and something that gets you more than dust amount XMR coins.Case in point: >>60879274
>>60881960I have also an insatiable hunger for bigger monero piles as I do have the same for big tit beautiful women.
First I was like:>compiling moneroThen I was like:>piling monero
>>60881968A man of culture, I see.
>>60881692>merge miningNot trusting Charles 'conflict of interest' Lee to stand up to the regulators, but it's not the worst idea>New ASICs on a new algoLmao>ASICs on an old algoLmao>GPU miningLmao>Solo only miningAllegedly can be circumvented. Would also kill p2pool>Combined CPU & ASICs, localPoWOnly idea I'm a fan of, but we can't implement it while qubic is attacking. We need the hash power from the botnets
>>60882023>>Combined CPU & ASICs, localPoWTell me more about how ASICs & localPoW
>>60881947ETH mining was comfy because not only the coin was top 2 mcap, but also because the fees were insane. Miners were comfy but users were becoming pink wojaks seeing the fee every transaction kek. Monero fee can rise but not that much. Basically below $1 is good. Below $0.10 is great.
Wow, he's literally me... financially speaking, of course.
*hard rock*
If I do not receive my daily dose of pixel Monero-chan AIslop, I will simply perish!
>the ONLY crypto people actually use as a medium of exchange
>>60882272It's actually kinda surprising richfags don't use it en masse to hide their assets. If they did, I bet the price would've been much higher.
>>60882035this >>60875664And pic related
>>60882272das rite>>60882281So many just don't know. Even most people in crypto don't know. I hope anons have richfag friends to shill.
>>60882281Probably because the onramping isn't too easy for massive amounts of funds, the future of selling is unclear, if some billionaire heavily invested the market cap would jump up and most importantly bribes and tax trickery. I personally don't want to imagine what kinds of shit storms we'll have once XMR is in the news because shlomo childfuckerstein laundered billions through XMR.
>>60882287ty anon. I will take a look at it tomorrow.
>>60882295Well, it's inevitable that monero will be shown in a bad light in mainstream media. This is what comes with privacy and fungibility. But on the bright side, it will at least make people aware of monero's existence.
>>60882306Undoubtedly, I personally hope they mess up and show it in something like the shinyflakes documentary which really was just PR for DNMs
>>60881692I would say combined CPU & ASICs, using a new algo, so monero can't be attacked by bitcoin maxis. In this case ASICs would boost mining by a 10x minimum against CPUs.
>>60882415>using a new algo, so monero can't be attacked by bitcoin maxis. In part I agree with that but simply requiring new ASICs isn't enough. They need to be ubiquitous too otherwise an APT could easily suppress the access to the ASICs or purchase large amounts to still be the de facto majority miner. >In this case ASICs would boost mining by a 10x minimum against CPUs.If we follow >>60882287 then mining itself wouldn't be boosted at all. So the only way that mining would be profitable is if the amount of miners reduced so heavily that each of the new miners gets a massive boost in their share of the reward. However, the biggest risk with this approach is that there needs to be some guarantee that one ASIC is connected with exactly one CPU and that changing the connection would uneconomical. If that isn't a given or easily circumvented any threat actor large enough to 51% us already would only need to make small adjustments to its current set up to 51% us again and that's not even considering that the amount of miners will likely reduce.
Is "mining" XMR akin to having sex with monero-chan?
>>60881937I save to invest in the future, and I invest in my savings
.....did the bake sale thread get called due to rain?
why is this allowed?
>>60882943I repeatedly flagged it as spam. You're welcome.
>bakecel OP absolutely and completely BTFOHAHAHAHAHAHAHA
>>60883082>>60883129Devs stepped in to declare which chain was canonical. XMR General is officially centralized. It's over moonbros. My proof of shitposts are now worthless.
https://xcancel.com/ofrnxmr/status/1962134631672623127Based
