k4r4b3y

joined 1 year ago
[–] k4r4b3y@karapara.net 2 points 1 year ago (1 children)

Very enthusiastic video.. Looking forward to future videos about XMR.

[–] k4r4b3y@karapara.net 2 points 1 year ago (1 children)

is the hard fork happens in a predefined intervals?

No it doesn't. Monero hardforks are more commonly referred as "protocol upgrades," and they are mainly aimed at improving Monero's privacy tech.

In the past, some protocol upgrades were "predefined" in the sense that it would take place every 6 months. This was solely done in order to discourage the development of ASIC mining machines which grant disproportional advantage to the big players against the smaller mining enterprises in Monero's mining network. However, this "predefined protocol changes to the mining algo" became moot after the introduction of RandomX mining algo, which is a CPU-supremacist algorithm for Monero production.

Could you please explain in easy terms what’s Seraphis and what changes it will bring?

Seraphis aims to make Monero's codebase more modular. That way, future improvements to its privacy protocol is hoped to be introduced in a less-disruptive-way to the remainder of the codebase.

One additional protocol improvement that's in the works is "Jamtis," which changes the addressing scheme of Monero, in order to make it more flexible and fix some of its potential bugs. For more information see this presentation by Justin Berman: https://piped.video/watch?v=xGEBRQU1lzw

Lastly, very recently KayabaNerve announced that he had been working on Full Membership Proofs (FMP) for Monero, which finally has the potential to fix the weakest link in Monero's privacy protocol: ring signatures. FMP, does away with the ringsigs and the decoy selection troubles that Monero has had up to today. With FMP, your transactions will reference the entire set of enote that Monero blockchain has, instead of a 16-, or 128-size other decoys.

All in all, quite good improvements are in the works for monero. Among them, I consider the Jamtis the most "disruptive" to the current users, as it will cause existing addresses unable to be used after the protocol upgrade. But fear not: if all goes well, you will be able to generate new Jamtis addresses using your existing wallets, and keep receiving 'neros to your wallet. And, of course, your existing funds will still belong to you and you only, nobody is going to lose any funds.

[–] k4r4b3y@karapara.net 4 points 1 year ago (1 children)

...or odysee, rumble, etc.

[–] k4r4b3y@karapara.net 2 points 1 year ago

Boomers also have problems with getting their browsers to work; so... at one point they need to lift themselves up by their bootstraps (HA! how do you like that now, boomers?) and put some time to learn a bit about how to use a Monero wallet (like Cake and Monerujo---which, is, as easy to use as it gets.)

[–] k4r4b3y@karapara.net 6 points 1 year ago

I use pocket change feature of monerujo wallet.

[–] k4r4b3y@karapara.net 4 points 1 year ago* (last edited 1 year ago) (1 children)

Why not integrate Monero in the fediverse? That seems more useful.

Yes. Especially when we already have a project working on it: https://monerochan.news/article/11#heading

[–] k4r4b3y@karapara.net 1 points 1 year ago

You can also check out gupax.io

It makes it a few mouse clicks to setup your own xmrig + p2pool install on your computers.

[–] k4r4b3y@karapara.net 1 points 1 year ago (1 children)

My IP address is visible to whom? And visible as doing what?

Afaik, with p2pool, one also runs a local p2pool blockchain. And his miner connects to his own p2pool node.

I guess the other p2pool nodes can see you IP (assuming not hidden behind vpn) and I guess your ISP can see you are making connectioms to p2pool-specific ports on the network. But that much alone is hardly incriminating (yet).

[–] k4r4b3y@karapara.net 4 points 1 year ago (3 children)

Monero mining is "buying Monero" in the most permissionless and private way possible. Individuals can opt in to creating Monero using their home's electrical grid, and the government mafia would be none the wiser.

Monero's mining network is the most decentralized and permissionless fiat-to-xmr exchange for Monero buyers.

[–] k4r4b3y@karapara.net 2 points 1 year ago

Have you heard about Trocador? http://trocadorfyhlu27aefre5u7zri66gudtzdyelymftvr4yjwcxhfaqsid.onion/en/

I haven't used it for XMR-USDT but for BTC-XMR pairs. It seems like it has the pair you want, though.

It also has a Tor Hidden Service, which you can use completely anonymously.

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