Monero

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Monero (XMR) is a decentralized cryptocurrency. It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading monero, transaction amounts, address balances, or transaction histories.

The protocol is open source and based on CryptoNote, a concept described in a 2013 white paper authored by Nicolas van Saberhagen. The cryptography community used this concept to design Monero, and deployed its mainnet in 2014. Monero uses ring signatures, zero-knowledge proofs, "stealth addresses", and IP address–obscuring methods to obfuscate transaction details. These features are baked into the protocol, though users can optionally share view keys for third-party auditing. Transactions are validated through a miner network running RandomX, a proof-of-work algorithm. The algorithm issues new coins to miners, and was designed to be resistant to application-specific integrated circuit (ASIC) mining.

Monero has the third-largest developer community among cryptocurrencies, behind Bitcoin and Ethereum. Its privacy features have attracted cypherpunks and users desiring privacy measures not provided in other cryptocurrencies

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  1. SEPARATE MONERO ACCOUNTS - For privacy reason, organize own funds into accounts like “cash”, “work”, “trading”, “mining”, “donations”, etc.. And in order to later combine these individual accounts funds, sweep/withdraw each of the account balance the way, that you do NOT sweep/withdraw multiple accounts balances in a single transaction, but one transaction per account. Feather wallet may do this thanks to its "Coin control" functions? Source: https://getmonero.dev/public-address/subaddress.html ; https://docs.featherwallet.org/guides/features

  2. WAIT/AGE XMR AFTER RECEIVING IT - After receiving Monero (XMR) from a 3rd party, wait some time (a few hours to a few days)

  3. CHURN/MIX XMR BY SENDING IT TO OTHER OWN ACCOUNT - Churning/mixing means to send your Monero/XMR to a different account/wallet in order to make it harder for others to track you: "So after 1 churn, there is a 1 in 16 chance (6.25%) that this transaction is yours. After 2 churns, it is a 1 in 16x16 = 1/256 = 0.39% chance that the final output of the route is yours. After 3 churns, 1 in 16x16x16 = 1/4096 = 0.0244%".

    A) Send your entire (or part of) your account's balance to a different account/wallet of yours, such secret destination account won't be used for receiving 3rd party XMR (only yours).

    B) Send your entire account's balance to same account (its own address - self). In case you would send partial, you would mix churned outputs with non-churned making your anonymization effort more or less pointless.

  4. WAIT/AGE CHURNED/MIXED XMR AGAIN

  5. CHURN/MIX AGAIN BY SENDING TO SELF OR 3RD PARTY - In order to decrease chance (from above mentioned 6.25% to 0.39%) of output being attributed to you. When having various Monero accounts for various purposes (e.g. "work", "home"), possibly churn 2x before "merging" XMR from multiple accounts of yours, example: KYC'ed 3rd party -> MyWork -> MyWork2nd ......... 3rd party -> MyHome -> MyHome2nd -> MyHome3rd -> MyWork2nd


FAQ: Why it is not pointless to send Monero from/to self, meaning same account? Because sending to same account is effective in decreasing the chance of a transaction being traced (attributed to you), since "there is no way to see the address" and other person says "You can send to yourself as many times as you want, without anyone knowing you're actually doing it. Every such transaction (called "churn") puts you in a bigger crowd of possible senders." and another person claims similar "churn to your own wallet, as it is not possible to link the output to the wallet".

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Hello all,

I am trying to set up Monero mining. I've set up the node which seems to have successfully syncrhonized the chain. In the wallet GUI I tried to start mining but:

  • Solo mining seems to work in the wallet (cpu usage jumps like crazy)
  • P2Pool mining seems to do nothing (no error, no cpu usage)

In order to investigate I ran the node from command line (though used the wallet flatpak location to save time):

> ./monerod --data-dir ~/.var/app/org.getmonero.Monero/.bitmonero/ --zmq-pub tcp://127.0.0.1:18083

...
2024-07-22 10:49:34.674	I SYNCHRONIZATION started
2024-07-22 10:49:48.106	I Synced 3198301/3198330 (99%, 29 left)
2024-07-22 10:49:59.445	I Synced 3198321/3198330 (99%, 9 left)
2024-07-22 10:50:04.277	I Synced 3198330/3198330
2024-07-22 10:50:04.278	I Synced 49 blocks in 26 seconds (1.884 blocks per second)
2024-07-22 10:50:04.278	I 
2024-07-22 10:50:04.278	I **********************************************************************
2024-07-22 10:50:04.278	I You are now synchronized with the network. You may now start monero-wallet-cli.
2024-07-22 10:50:04.278	I 
2024-07-22 10:50:04.278	I Use the "help" command to see the list of available commands.
2024-07-22 10:50:04.278	I **********************************************************************

status
Height: 3198341/3198341 (100.0%) on mainnet, not mining, net hash 2.32 GH/s, v16, 12(out)+0(in) connections, uptime 0d 0h 29m 29s

Now I downloaded a software called Gupax which embeds P2Pool and tried running P2Pool from there. This gives me logging but it's been running since yesterday and I still have extremely low CPU usage. In the log area I see things like:

...
2024-07-22 11:23:34.4823 SideChain add_block: height = 8219222, id = 1c75382013ffbb784cc4de936e57f0cee0d631ec398e852068e89eed22d3ccd0, mainchain height = 3198344, verified = 0
2024-07-22 11:23:34.4843 SideChain verified block at height = 8219222, depth = 0, id = 1c75382013ffbb784cc4de936e57f0cee0d631ec398e852068e89eed22d3ccd0, mainchain height = 3198344
2024-07-22 11:23:34.4845 SideChain new chain tip: next height = 8219223, next difficulty = 88888179, main chain height = 3198344
2024-07-22 11:23:34.4849 BlockTemplate base  reward = 0.600000000000 XMR, 0 transactions, fees = 0.000000000000 XMR, weight = 0
2024-07-22 11:23:34.4853 BlockTemplate final reward = 0.600000000000 XMR, weight = 23103, outputs = 592, 0 of 0 transactions included
2024-07-22 11:23:39.4504 SideChain add_block: height = 8219223, id = 20c3806cc4f277403b85e761b2c77428631a461b4b075e0e2fe000bc517b23dc, mainchain height = 3198344, verified = 0
2024-07-22 11:23:39.4526 SideChain verified block at height = 8219223, depth = 0, id = 20c3806cc4f277403b85e761b2c77428631a461b4b075e0e2fe000bc517b23dc, mainchain height = 3198344
2024-07-22 11:23:39.4528 SideChain new chain tip: next height = 8219224, next difficulty = 88949674, main chain height = 3198344
2024-07-22 11:23:39.4533 BlockTemplate base  reward = 0.600000000000 XMR, 0 transactions, fees = 0.000000000000 XMR, weight = 0
2024-07-22 11:23:39.4537 BlockTemplate final reward = 0.600000000000 XMR, weight = 23103, outputs = 592, 0 of 0 transactions included
...

Is this normal? Having <10% of CPU usage?

In the status area of Gupax the "Your P2Pool Hashrate" shows 0 H/s which seems to confirm that my box is not doing anything?

Everything in the P2Pool sections is green (Name/IP/RPC/ZMQ) and I am using my local monero node (localhost) though trying with a remote node yields the same results...

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Great service I found on kycnot.me, they haves a Tor mirror also

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cross-posted from: https://monero.town/post/1871686

💸 Why Monezon?

  • Anonymous Transactions: Say goodbye to tedious KYC procedures! Spend your Monero on real-life goods without compromising your privacy.

🚚 Flexible Delivery Options:

  • Ship Anywhere: Monezon allows you to have Amazon goods delivered to any Amazon Locker, personal address, or relay point of your choice. Enjoy the convenience of personalized delivery options.

🔧 How it Works:

  • Place Your Order: Submit your Amazon order through Monezon using monero and receive a unique passphrase.

  • Executor Network: Your order is broadcasted to available executors (total order cost only, no personal details).

  • Order Execution: An executor accepts your order and places it on Amazon.

  • Secure Communication: Utilize end-to-end encrypted chat with your executor using the provided passphrase.

  • Keep Track: Get a tracking code to ensure that your order has been sent.

  • Confirmation & Payment: Once both parties confirm the delivery, the executor receives payment in monero, completing the seamless transaction.

Monezon has got a new update, and we're looking to improve your experience from your feedbacks!

Check out our updated Frequently Asked Questions (F.A.Q) section for some quick insights. Feel free to ask us anything, and we'll be more than happy to assist you.

Monezon

Twitter

We are currently welcoming executors! Slide in our dms if interested in earning monero!

Note: Monezon is an independent platform and is not affiliated with Amazon.

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Where can I signup for a monero debit card without a phone?

There are a number of "cryptocurrency debit card" providers -- services that issue you a traditional visa/mastercard/etc debit card that allows you to pay for purchases in fiat, but where the balance of the card is automatically converted from your cryptocurrency balance stored on their custodial wallet.

Note that a "cryptocurrency debit card" is distinct from gift cards in that the balance lives in an account below the debit card, not on the card itself. This is important because otherwise you may end-up with tons of different cards with low balances. It's important for my business that I can pay invoices with a single card, and if that card expires then the balance can simply be spent on the card's replacement.

Unfortunately, I've been unable to find any providers that do not require a phone to be linked to the account.

For security reasons, I do not mix insecure devices like my phone with high-risk accounts like financial services. Therefore, it's important that I find financial services that don't require a phone number to be linked to the account (shudder at the thought of implementing 2FA over SMS) or an app.

Coinsbank requires a phone number. Wirex requires a phone number. Cryptopay requires an app (which grants access to the account to a phone). Unbanked (Ternio) is dead.

Where can I get a "monero debit card" without a phone?

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Binance, the largest cryptocurrency exchange in the world, agreed to pay more than $4 billion in settlements with several U.S. law enforcement agencies after years of investigations uncovered (PDF) widespread criminal use of the platform.

In addition to the settlement, Binance CEO Changpeng Zhao pled guilty to several charges in federal court in Seattle on Tuesday. On social media, Zhao said he was stepping down as CEO, and during a press conference U.S. Justice Department officials said his removal was part of their agreement with the company.

Attorney General Merrick Garland and Secretary of the Treasury Janet Yellen told reporters Binance knew and actively sought out business from sanctioned countries, terrorist groups and online marketplaces used by cybercriminals.

“Binance turned a blind eye to its legal obligations in the pursuit of profit. Its willful failures allowed money to flow to terrorists, cybercriminals, and child abusers through its platform,” Yellen said.

The Treasury Department said the platform was used by groups like Hamas’ Al-Qassam Brigades, Palestinian Islamic Jihad (PIJ), Al Qaeda, and the Islamic State of Iraq and Syria (ISIS) — as well as ransomware attackers, money launderers, and other criminals.

It facilitated trades between U.S. users and people in sanctioned countries like Iran, North Korea, Syria, and the occupied Crimea region of Ukraine.

“Between August 2017 and April 2022, there were direct transfers of approximately $106 million in bitcoin to Binance.com wallets from Hydra… a popular Russian darknet marketplace, frequently utilized by criminals, that facilitated the sale of illegal goods and services,” Garland said, noting that the platform only stopped processing the transfers after Hydra was shut down by German and U.S. authorities last April.

“From February 2018 to May 2019, Binance processed more than $275 million in deposits and $273 million in withdrawals from Bestmixer,” a large cryptocurrency anonymizing service that was shut down on money laundering charges.

Binance will now pay one of the largest corporate penalties in U.S. history, according to Garland, after pleading guilty to several violations of U.S. financial law — most notably for failing to prevent money laundering and for failing to prevent U.S. customers from conducting transactions with customers in sanctioned jurisdictions.

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Officials at Poland’s Supreme Administrative Court in Warsaw discovered a number of high-powered cryptocurrency mining rigs hidden in the courthouse — including in a ventilation duct and beneath a raised floor — which had been powered by electricity from the court’s mains supply.

The devices had their own modems to connect to the internet, according to Polish news channel TVN 24, meaning they were not connected to the court building’s network.

According to TVN 24, the devices were capable of consuming several thousands Polish Zlotys of energy per month — with 1,000 Zloty worth about $250 — and had been placed near power supply equipment.

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cross-posted from: https://monero.town/post/983106

Timeline of events

In the last Monero General Fund transparency report in March 2023, the General Fund held 8452 XMR. As far as we know, this separate wallet is safe and unaffected. It would be possible to pay people with active CCS proposal from the General Fund, but nothing has been decided.

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Greetings. What privacy risks are associated with converting crypto, such as LTC or LN, to XMR via Trocador after providing KYC information?

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If you want to discuss anything Monero, please feel welcome to visit us. See ya

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Monero secures its users’ financial privacy by making every user anonymous by default. To conceal the identity of the sender, recipient, and amount transferred in a transaction, Monero uses advanced privacy technologies such as ring signatures, stealth addresses, and Ring Confidential Transactions (RingCT).

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cross-posted from: https://community.hackliberty.org/post/6975

New regulations to make privacy harder with cryptocurrency

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cross-posted from: https://community.hackliberty.org/post/71

Monero.How is one of the leading community websites for all things related to the open-source, decentralized, secure, private, and untraceable cryptocurrency Monero. It is a Monero hub containing a wealth of original tutorials, infographics, news feeds, price charts, monero mining calculator and unique statistics including Monero (XMR) vs Bitcoin (BTC), network transactions and fees, trading volume and prices, market capitalization, number of miners and hash rates within others.

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cross-posted from: https://community.hackliberty.org/post/69

A collection of posts, infographics, and Monero resources.

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cross-posted from: https://community.hackliberty.org/post/55

A comprehensive list of VPS and cloud-service/hosting providers that are either:

  • (a) Tor-friendly or
  • (b) accept Monero (XMR) and are privacy-driven
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cross-posted from: https://community.hackliberty.org/post/20325

Atomic swaps between BTC and XMR have been one of the most discussed and anticipated developments in the field for quite some time.

While Farcaster is still working on the implementation of their protocol, the COMIT team has already delivered an MVP. Trustless cross-chain swaps are becoming a tangible reality. However, for atomic swaps to gain widespread and adopted, the user experience needs to be drastically improved. People shouldn't have to manually type commands into a terminal or understand the protocol at a technical level to participate. That's the problem this project aims to solve.

Make atomic swaps accessible to all!

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cross-posted from: https://community.hackliberty.org/post/20324

Accept donations or payments for your services or sales in over 60 coins and receive in your preferred one!

Read more at: https://trocador.app/en/anonpaydocumentation

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cross-posted from: https://community.hackliberty.org/post/9693

The European Union could ban banks and crypto providers from dealing in privacy-enhancing coins such as zcash, monero and dash under a leaked draft of a money laundering bill obtained by CoinDesk.

The plans from Czech officials, who are chairing talks among EU governments on the proposed law, would represent the latest nail in the coffin for anonymous means of payment following tough new rules agreed over the summer.

“Credit institutions, financial institutions and crypto-asset service providers shall be prohibited from keeping …anonymity-enhancing coins,” said a legislative draft seen by CoinDesk, dated Nov. 9, which has been circulated to the bloc's other 26 member states for comment.

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1
ANONERO releases Android-only Monero wallet 'ANON' at v0.1 (anonero5wmhraxqsvzq2ncgptq6gq45qoto6fnkfwughfl4gbt44swad.onion)
 
 

cross-posted from: https://community.hackliberty.org/post/9055

ANONERO1 has released alpha version 0.12 of ANON3, an open source Android-only XMR app focused on privacy and security, based on xmrwallet’s Monero C++ library. v1.0 roadmap

Monero only
Default tor + proxy
No 3rd-party services
Required passphrase
Polyseed mnemonic
No subaddress reuse
Encrypted backups
Background sync
Offline mode

Build instructions and .APK downloads are available on Gitea4.

Users are encouraged to inspect the GPLv3-licensed source code, test v0.1 basic functionality, submit PR’s and open new issues.

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  • Cypherpunk, Agorist, and No-KYC Philosophy
  • NoKYC Guides
  • Crypto Services Directories
  • P2P Exchanges
  • P2P Crypto Marketplaces and Freelancing
  • Automated Exchanges
  • Crypto VPS & Domain Services
  • Crypto VPN Services
  • Crypto Credit Cards
  • Crypto Gift Cards
  • Crypto eSim Providers
  • Crypto SMS Providers
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cross-posted from: https://community.hackliberty.org/post/308

Rafael LaVerde was joined backstage at MoneroTopia 2022 by Martha Bueno, Candidate for Miami-Dade Commission District 10. Rafael and Martha discussed libertarian activism, why liberty matters, and how Monero can be used to usher in freedom in Cuba and other places with tyrannical governments.

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cross-posted from: https://community.hackliberty.org/post/1927

The future belongs to digital marketplaces that run on private digital cash. Anarkio explains why he built Bitejo and why he is into Monero.

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