I believe you just need one guy somewhere hosting the exchange + BTC or other coins need to be legal to exchange Monero and you can still hide your traces. But I am not sure, is this right?

I'm looking for a small mobile-app project to teach myself React Native. One thing I'm considering is a Monero wallet that runs on your phone, but doesn't scan the blockchain itself. You would run a "full" wallet on your desktop or a VPS so that it runs all the time and is always in sync. Then the mobile app would simply communicate with this full-wallet via HTTPS.

This would prevent you from having to scan for new txs every time you opened your mobile wallet.

Would anybody be interested in using something like that if it had a slick UI? Or is the separate wallet-backend app running on your home desktop a deal-breaker?

Hi Reddit,

I've seen people confused about the differences between exchanges so I did some research on some of the most popular Crypto to Fiat Exchanges. These are all exchanges I have personal experience with. They are all solid products but they come with slightly different user experiences and fees.

If you would like to learn in more detail about the UI/UX, Fees, and difference between Coinbase, Coinbase Pro, Cash App, and Kraken read my complete article on the Best Crypto Exchanges

So I've been trying to figure out how to get around the kyc here in america because I don't want monero users to have to buy a burner phone every time they use the atm (kyc through phone number works and was a good idea until I realized the impracticality of trying to use it as a get around).

So I'm just spitballing here. Can I make it operate in the same sort of fashion that prize/gumball/claw machines or casino chips operate. If you think about it, all that needs to happen is the recipient needs to get some sort of secure way to retrieve the crypto. Let me clarify.

If someone needed to buy monero they'd insert cash or card, the machine would ask how much they'd want, they would be charged and the machine would give them an item that would indirectly give the recipient monero.

Now here is the tricky part. If I blatantly exchange fiat for any cryptocurrency I'd get in trouble because it violates a bunch if laws and blah blah blah. So is there a way to make that last step a sort of mix between, chips at a casino or prize machine? Take for example a prize machine, if you insert a coin you get a prize. But in this case you could in theory buy a token that would hold the same value as however much monero you wanted.

I was thinking, the machine spits out extremely low capacity micro sd cards and on that card you have a file that holds the keys to a wallet that holds the monero. In this case the sd card itself isn't any form of currency. The sd card only holds coded information which is infact protected under the 1st amendment (Bernstein v. Department of Justice https://www.clearinghouse.net/detail.php?id=13683). And at the same time, it holds the monero you wanted.

For crypto other than monero, I would probably just require a phone number because it would still be less privacy invasive but not not make the recipient have to go around the whole anti-kyc process.

This is only half of the problem. The other half would be to find out how to change that monero back into cash. I have a couple ideas but I'm just gonna solve one problem at a time. Thanks!

Edit: spelling and clarification

Anyone out there with a silk road / alphabay / tainted BTC who wants to exchange it for a clean one?

I’ve got a taker for you on Twitter who seems to believe Bitcoin taint doesn’t exist.

https://twitter.com/jaybny/status/1244863986035638273

So I’m new to Monero, it’s quite interesting. I’m trying to buy some Monero online, and safely/successfully get it to market. I’ve received opinions before, but I feel this sub is best suited for this question.

1. Where should I buy it online?
2. Any other suggestions?

How can I run the MyMonero linux appimage with a socks5 proxy?

Or any other Monero light wallet on linux?

Hi I’m new to monero, was just wondering when I’ve downloaded a wallet and it is downloading daemon blocks, can I still recieve monero to the wallet? Cheers

Tethereum global announce Monero as a main payment method , and giving a nice bounty 2.000.000 TETH on total . don't miss the opportunity https://www.tethereum.website/?ref=G7uo9H1u

cheers

stay_at_home

Given the success of the previous MAAMs (see here), let's keep this rolling.

The principle is simple: ask anything you'd like to know about Monero, especially the dumb questions that you've been keeping for you every other days, may the community clarify it all!

Finally, credits to binaryFate for starting the concept!

I am a big fan of Monero (for privacy and true community driven development) and I am also a big fun of ETH and its DeFi ecosystem for obvious reasons. I found this archived thread:

https://www.reddit.com/r/Monero/comments/d52jlt/atomic_swap_dex_for_monero/

I wonder if anything came out of it since then? Where I can read more about it? One of the suggestions was to make a wrapped Monero version, so it can be traded on all ETH dex'es. I think it would be really great to have such trustless and decentralized bridge between ETH and XMR. In fact, it would also provide bridge to BTC (through wrapped BTC on top of Etherium). What do you think?

I'm trying to understand key images a bit better. I have a few questions, I'd appreciate any insight on these:

1. What information others can get from the key images (combined with the blockchain)?

2. If combined with the view key, what additional information one can get with the key images?

3. The view-only wallet shows only the input transactions, not the output transactions. Only if I import the key images, I can see the output transactions I've sent from the wallet, right?

4. Are the key images in the blockchain readable for anyone? If so, why do I need to export them from a hot wallet to a view-only wallet? The view-only wallet could import them from the blockchain.

5. The key images correspond to the wallet's input transactions, not the output transactions, right? So, can I export the key images from the hot wallet to the view-only wallet before spending any of the input transactions? Or can I create the key image only when I spend the input, not before?

Motivation: I'm trying to figure out how to set up my system where I have multiple one wallet but multiple view-only computers that monitor it and one offline wallet with private keys. I want all those view-only computers to see the true balance, that is, also the output transactions.

Thanks for any help!

Hi, after restoring a Monero wallet, I generated a new account that I shared to receive payment. After creating it (Receive > Create new address) I rebooted my system and the address is gone.

Is it known bug? How do I access the account that should be in the wallet? (is it thou?)

I can't seem to find this info..

Please stay on topic: this post is only for comments discussing the uncertainties, shortcomings, and concerns some may have about Monero.

NOT the positive aspects of it.

Discussion can relate to the technology itself or economics.

Talk about community and price is not wanted, but some discussion about it maybe allowed if it relates well.

Be as respectful and nice as possible. This discussion has potential to be more emotionally charged as it may bring up issues that are extremely upsetting: many people are not only financially but emotionally invested in the ideas and tools around Monero.

It's better to keep it calm then to stir the pot, so don't talk down to people, insult them for spelling/grammar, personal insults, etc. This should only be calm rational discussion about the technical and economic aspects of Monero.

"Do unto others 20% better than you'd expect them to do unto you to correct subjective error." - Linus Pauling

How it works:

Post your concerns about Monero in reply to this main post.

If you can address these concerns, or add further details to them - reply to that comment. This will make it easily sortable

Upvote the comments that are the most valid criticisms of it that have few or no real honest solutions/answers to them.

The comment that mentions the biggest problems of Monero should have the most karma.

As a community, as developers, we need to know about them. Even if they make us feel bad, we got to upvote them.

https://youtu.be/vKA4w2O61Xo

To learn more about the idea behind Monero Skepticism Sunday, check out the first post about it:

https://np.reddit.com/r/Monero/comments/75w7wt/can_we_make_skepticism_sunday_a_part_of_the/

Best app for android and iphone for monero wallet, and what website is best for meeting ppl in person for cash monero transactions?