Krakens Top Crypto Traders Reveal Bitcoin (BTC) Forecasts List Ethereum Monero XRP Litecoin and Tezos As Favorite Altcoins
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
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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!
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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:
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?
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I'm trying to understand key images a bit better. I have a few questions, I'd appreciate any insight on these:
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!
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Monero GUI wallet : created an account address sent money rebooted no more account address in the GUI. How do I access it?
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?)
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When the founder of Bitmonero want to merge with another project and the community revolted and forked what was the other project?
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.
To learn more about the idea behind Monero Skepticism Sunday, check out the first post about it:
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Best app for android and iphone for monero wallet and what website is best for meeting ppl in person for cash monero transactions?
So with the printing of $2,000,000,000,000, you could potentially send all that money to your crypto wallet. Doing this will make sure that the inflation of the dollar doesnt make your check worthless. The second stimulus check will be dropped right about when the BTC halving happens (May). All meaning if you get your USD turned into your crypto fast enough you could get a f*ck load of money even if the crypto doesnt go up over the next few months. All that needs to happen is the dollar to drop in value (which it will).
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Our very own Douglas Tuman aka Chowbungaman of Monero Talk is running for Congress on Long Island, New York in the 4th Congressional District. Doug is endorsed by the Nassau County Republican Party.
The district primarily consist of the Town of Hempstead where he is currently the Commissioner of Engineering. Doug is running on a platform to improve infrastructure, representative democracy and…money!!!
Doug believes that Monero aligns with the ideals of America: Monero preserves liberty in the digital age. Doug promises to make Monero a big part of his campaign with the hope of becoming the first congressperson to argue on the floor of congress in support of allowing open source free speech money, aka Monero, to flourish without government intervention. True digital cash is a global utility that governments need to let blossom and compete freely.
If you want to help Doug make this a reality, please follow his new campaign twitter account, @ElectTuman and subscribe to The Douglas Tuman Campaign Show ...and please encourage your family and friends to follow and subscribe to the show too!
No matter where you live or where your friends and family live, please tell them to subscribe and spread the YouTube show. Especially with COVID-19, this campaign will be all about social media and YouTube. If we get national internet attention, Doug will have a real shot at winning - and a win for Doug will be a win for Monero.
The campaign website: www.douglastuman.com is not yet complete because we are still developing the text polling system that we will be launching to help improve representative democracy. The idea is that constituents will be able to signup with their phones to receive polling questions on the issues relevant to New York's 4th Congressional District so that Doug can effectively advocate on behalf of all his constituents.
Once the website is complete, we will begin seeking donations to fund the campaign. Monero donations will be accepted and encouraged! Stay tuned for that but for now just a Twitter follow and a subscription to our YouTube channel will go a long way!
Let’s Build a Brighter Future Together!
P.S: Monero Talk will continue to air alongside the new youtube show during the campaign and thereafter!
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Hi, I was thinking of using a Raspy to run a local node (not to mine). Basically to use the device as a node + wallet (with an external HDD to host the big blockchain).
Is this, technically speaking, possible?
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Today at 7 p.m. (UTC) the German Crypto YouTuber Essra will stream an interview with Alex Anarcho (BTC-Echo). Alex is one of the most well known Monero advocates in the German-speaking countries so their conversation will of course include the topics privacy and Monero.
This is the link if you want to follow the stream or watch the video afterwards: https://www.youtube.com/watch?v=RpL4FwoBudI
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/r/Monero Weekly Discussion March 28 2020 - Use this thread for general chatter basic questions and if you're new to Monero
1. General questions
Where can I download the Monero wallet?
There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the
Please note the following usage of the labels:
⚠️ - Relatively new and/or beta. Use wallet with caution.
☢️ - Closed source.
How long does it take for my balance to unlock?
Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.
How can I prove that I sent a payment?
How do I buy Monero (XMR) with Bitcoin (BTC)?
There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.
How do I buy Monero (XMR) with fiat?
How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?
There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration.
That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.
How do I mine Monero? And other mining questions.
The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit r/MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.
2. Wallet: CLI & GUI
Why I can't see my balance? Where is my XMR?
Before any action there are two things to check:
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized.
You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait.
If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.
How do I upgrade my wallet to the newest version?
This question is beautifully answered on StackExchange.
Why does it take so long to sync the wallet [for the first time]?
You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization.
Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).
I don't want to download the blockchain, how can I skip that?
Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy. A remote node can't see your balance and it can't spend your XMR.
How do I restore my wallet from the mnemonic seed or from the keys?
To restore your wallet with the 25 word mnemonic seed, please see this guide.
To restore your wallet with your keys, please see this guide.
3. Wallet: Ledger
How do I generate a Ledger Monero Wallet with the GUI or CLI?
How can my local node become a public remote node?
If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".
How can I connect my node via Tor?
This question is beautifully answered on StackExchange.
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I am under the impression that hashes are in hex. What am I missing?
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THIS WEEK ON MONERO TALK - Brock J. Pierce: The Power of Community
Watch Here: https://youtu.be/CGL9Q1H4B74
Special thanks to our sponsors, Cake Wallet and XMR.to for making these interviews possible! And of course our listeners and supporters for making Monero Talk possible!
Listen to all the podcasts here:
If you enjoy our show please Subscribe, Like, Share, Rate our YouTube Channel & Podcasts. This will help us grow and spread Monero content!
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So I recently discovered a demand for our sacred coin when I was approached by a stranger ( a friend of a friend ) looking to buy. To my understanding they want to dollar cost average due to current prices and so buy regularly from me. When I did a bit of research it appears there are multiple people who wish to do this. I see this as an opportunity to get new people in the crypto space ( the purchasing process is difficult and extremely off putting ) and make a bit of money by charging a fee at the same time.
My questions are regarding the safe sale of Monero. Naturally I want to stay within local laws ( EU ) and I was wondering if someone could answer the following questions:
1) Is there a limit on the amount I can sell to one person without KYC ? I am worried as I am accepting fiat for XMR
2) Ultimately I want the funds they send me in return to reach my bank account as cash isn’t feasible. What is the best way of doing this anonymously?
I was considering setting up a separate PayPal account which I could use to receive funds and then send to my personal PayPal. This could then be withdrawn to my Bank Account. I understand selling crypto via PayPal is against TOS so I was wondering is this safe. I was planning on only accepting payments as friends/family to remove the danger of a chargeback. Another question is could PayPal flag the regular payments as suspicious and freeze the account ? Please let me know if there is a better method than PayPal !
3) What site is ideal to convert BTC to XMR without huge fees or KYC ?
4) Are there any other things I should be considering that may leak my identity to the stranger ? I plan on using an alternative account on this particular app for communicating. Is a vpn or routing my traffic through Tor necessary ?
5) I will be explicitly stating that I do not provide crypto for illegal services to all potential customers. Is there anything else I should do to protect myself ?
6) I use Cake Wallet on iOS as my personal Monero wallet ( not affiliated, but I would highly recommend for newcomers like myself ). Is there any need to create another wallet or can I just use this one ?
Thank you so much in advance for even attempting to answer any of these questions. If you need anything clarified be sure to let me know !
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The largest bank in Korea and the 60th largest in the world wants launch crypto services(cryptocurrency storage)