Monero

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This is the Lemmy community of Monero (XMR): a secure, private, untraceable cryptocurrency that is open-source and freely available to all.

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Warning: Freewallet is a Scam!

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Why Monero?

Monero is secure.

Monero can't be hacked to steal your funds, due to the power of distributed consensus. This means that you are responsible for your own money, and don't have to trust any entity to keep it safe for you.

Monero is private.

The power of the blockchain usually increases security at the cost of privacy, but with Monero's sophisticated privacy-centric technology, you get all of the security benefits of the blockchain without any of the privacy trade-offs.

Monero is untraceable.

By taking advantage of ring signatures, Monero makes it ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to any particular user.

Monero is fungible.

Because of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors.

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 4 months ago
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submitted 2 months ago* (last edited 2 months ago) by rottenwheel@lemmy.zip to c/monero@lemmy.cafe
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cross-posted from: https://lemmings.world/post/12787871

  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.

  1. WAIT/AGE CHURNED/MIXED XMR AGAIN

  2. 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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Currencies buttons work, most popular fiat and cryptocurrencies on the top, .onion hyperlink and a full code refactor. Feedback appreciated!

calc.revuo-xmr.com

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submitted 3 months ago* (last edited 3 months ago) by rottenwheel@lemmy.cafe to c/monero@lemmy.cafe
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submitted 3 months ago* (last edited 3 months ago) by rottenwheel@lemmy.cafe to c/monero@lemmy.cafe
 
 

Title says it all. Developer nitter.poast.org/pokkst is taking a hiatus, shut down hidden service and with it the git repository containing the code.

Did anyone grab a local copy that we could host on Github or some gitea instance? We might find a new maintainer for it. It is a great wallet, in my opinion.

Hidden service: rk63tc3isr7so7ubl6q7kdxzzws7a7t6s467lbtw2ru3cwy6zu6w4jad [.] onion

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submitted 4 months ago* (last edited 4 months ago) by ksilverstein@lemmy.cafe to c/monero@lemmy.cafe
 
 
  1. Can't log into Reddit r/monero, can only view posts by others.

  2. Completely blocked from monero.town

  3. Most recently, can't even log in to Element/Matrix monero communities due to Element Web team recently dropping support for Firefox ESR.

https://github.com/element-hq/element-web/issues/27684

https://github.com/element-hq/element-web/issues/27682

  1. Can't use SimpleX without a smart phone.

  2. Can't get into Dread half the time due to access queues.

  3. Unable to use Unstoppable Swap.

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Have you tried logging in using Tor or Tails? It gets flat out blocked.

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