XmrLovingAncap

joined 2 years ago
[–] [email protected] 2 points 6 days ago

Just in case someone isn't aware of it yet:

Kewbit scammed the Monero Community so stay away from his stuff (haveno.com etc)!

If you're interested in the REAL haveno mobile version you should look at this here: https://github.com/atsamd21/Haveno-app

[–] [email protected] 1 points 1 week ago* (last edited 1 week ago)

Test successful

[–] [email protected] 4 points 1 week ago

Thanks and sure, no Problem :)

[–] [email protected] 4 points 1 week ago (3 children)

I don't think it's so bad tbh. If you look at BTC/BCH they have 10min block time so if you wait for at least 1 confirmation you have around 3 XMR confirmations on average. But for bigger sums you most likely want at least to wait for a second or third which brings you close to or close above 20min. (For really small sums you can just accept 0-conf. Monero does NOT have RBF (replace by fee), so the other person can NOT betray you.) And that is only IF you get into the next block (which is a problem for BTC).

In reality, if you start using Monero, vast majority has more than a single output, so you can buy a few things in quick succession. Also you can just use Cake as a receiving wallet and then Monerujo as your spending wallet, which has the feature named Pocket Change (that makes sure you always have a bigger amount of outputs available). That's why I'd argue that the 10 block lock isn't really a big hindrance in reality.

[–] [email protected] 1 points 2 weeks ago

The 'KYC' informations you need to provide are just necessary informations for the trade (like an address for cash by mail or your bank account for SEPA). Also those informations are stored locally and only revealed to your trading peer when needed. So no complaints there from me.

And unlicensed? What license do you expect? We're free humans that just exchange wealth in a voluntary trade. No license needed.

The process is not really complex, but you need to do it once to really grasp the concept. But it's pretty much self explanatory. Depending on your region Zelle/CashApp can be used, yes.

[–] [email protected] 5 points 2 weeks ago

I agree. With the mobile app around the corner it's going to be even better. Haveno is basically Normie-ready xD

[–] [email protected] 2 points 3 weeks ago

Even though it's more like Twitter I see pretty good discussions on Nostr. So maybe take a look at that? https://following.space/d/ygm6vtdp3arx?p=af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85

[–] [email protected] 2 points 1 month ago

For me the link works, but the site looks a bit broken on mobile 🤔

[–] [email protected] 2 points 1 month ago

If your trading partner changes any aspect from the trade you can get an arbitrator involved. That's why we have a security deposit. The arbitrator then decides if you are getting scammed by the other party in any way and if so you get (part of) their security deposit (and maybe your money back depending on what exactly happened).

Do not just blindly suck up any fees that weren't mentioned in the original trade.

[–] [email protected] 3 points 3 months ago (1 children)

Are you aware of p2pool (decentralized pool with 0% tax)? Also there is gupax.io for easy mining setup with p2pool. Oh and then there is gupaxx (notice the two x on the end). Might want to look into this :)

[–] [email protected] 1 points 3 months ago
10
submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]
 

So I got some stats from one of the bigger vendors at PorcFest this year:
Percentage of revenue:
Cash 72.2%
Goldbacks 11.77%
Monero 5.42%
Silver 4.44%
Zelle 2.69%
Bitcoin Lightning 1.82%
Bitcoin Cash 0.62%
Litecoin 0.56%
Bitcoin 0.47%

The vendor accepts any crypto. Over the years he also received Dash, XRP, Doge, TFuel and ETH.

The percentage of crypto sales in general was:
~7% in 2022
~9% in 2023
~9% in 2024

So the numbers, only looking at crypto, are:
XMR 61.0%
BTC LN 20.5%
BCH 7.0%
LTC 6.3%
BTC 5.3%

 

Holy! I might be a bit late to the party, but I just checked the recent numbers from ShopInBit.com for june:

#Monero 74,54 % 👀🤯🥳
#Bitcoin 23,64 % 😂
#LightningNetwork 1,73 % 🤣
FIAT 0,08 %

https://xcancel.com/shopinbit/status/1811651225005195471

Also they said if Monero surpasses the volume of Bitcoin in the next two month, they change their bio to "Europe's biggest Bitcoin and Monero Store" (which should obviously name Monero first but whatever xD).

Btw the numbers for coincards.com show a similar but not as devastating picture:

#XMR: 34.4%
#BTC (Onchain): 25.96%
#USDC: 20.20%
#ETH: 9.84%
#LTC: 2.49%
#Solana: 2.31%
#Dogecoin: 2.09%
#LightningNetwork: 2.08%
#USDT: 0.58%
#Dai: 0.04%
#Matic: 0.01%
#Dash: 0%

https://xcancel.com/CoinCards/status/1809702144288882870

 

I was kind of blown away to what length the developers go to ensure your communication is as safe/secure as possible (while still delivering a very useable app).

 

I was kind of blown away to what length the developers go to ensure your communication is as safe/secure as possible (while still delivering a very useable app).

 

https://nitter.net/watchfund/status/1732391070216908886

Either a whale was generous or the hacker felt bad? 🤔

 

Just stumbled upon this video. Never heard of this channel. But the explanation of Monero and some of it's features are pretty good.

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