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#monero

7 posts4 participants4 posts today
Replied in thread

@Paul_Harts @techlore granted the only reason the #UAE and espechally #Dubai banned #Monero is to "protect" it's #TradFin #MoneyLaundry that is #Hawala:

@techlore re: your #short on #Monero, the #EU already overtook it:
youtube.com/watch?v=uszPsqw7vos

  • Not only are there attempts at banning #cash, but already absird restrictions that ain't rooted in reasonable regulations like #KYC & #AML.

It never was like in #Dubai where one was (and allegedly still is) able to buy real estate with cash & no questions asked or proof of origin for the funds.

Replied in thread

@derekmorr

Let it go, already. No one uses MobileCoin. You can’t even find an exchange to buy it.

Then why does @signalapp still have that shit in it? @Mer__edith could've pulled that #Shitcoin yet refuses to do do!

The Cloud Act is a non-issue. Signal doesn’t have data on users, so they can’t be forced to disclose it.

That's literally wrong!

  • #Signal not only collects #PII in the form of a #PhoneNumher but explicitly is able and willing to use that to dsicriminate against users and restrict app functionality based off their presumed juristiction. There is no "legitimate interest" for.doing so nor any legal mandate to do so (unless we excuse the ehole #MobileCoin-#Scam!)

It’s been 30 years, and no one uses xmpp. Let it go.

Wrong again. Otherwise there wouldn't be thriving ecosystems and Apps to this day. It's just that corporate shills refuse to acknowledge that Signal - like all centralized, proprietary, #SingleVendor and/or #SingleProvider kessengers before and after - will inevitably die as their business model is not sustainable. Sake with #ICQ really. The only exceptions are those that abolish #privacy for #profit, integrate actually working payments or sellout to a #cyberfacist #government (all those apply to #WeChat!)

It’s shocking that people who claim to care about security and privacy push niche apps with terrible UX and no PFS like Delta or XMPP instead of the only private messenger with any real market share, Signal.

You know what's shocking to me: People who are unable or rather unwilling.to acknowledge that Signal is garbage and it's requirement for a #PhoneNumber kills any #privacy benefits it may have on paper by virtue of being at best pseudonymous (assuming the userd don't live in a juristiction that demands "#KYC" for even prepaid #SIM cards (ime. #Germany) or god forbid even #IMEI|s (i.e. #Turkey has a literal allowlist that'll kick any device off it's MNOs after 90 days within 365 days.

  • The #UScentric approach to #privacy and #threats makes Signal absolutely useless in many cases, and I do speak here from experience.

I'd rather help people onboard #XMPP+#OMEMO like @monocles and/or @gajim or #PGP/MIME like @delta & @thunderbird (incl. setting them up with #Orbot / #TorBrowserBundle / @tails_live so their traffic gets through @torproject and doesn't provide any useable IP addresses.

  • I've literally been there and done that!

As for #Sustainability, providers like monocles.eu finance themselves by subscriptions (starting at €2 p.m.) which people can pay fully anonymous using #CashByMail and #Monero on top of common payment methods (i.e. SEPA wire transfer)...

  • So even if you think "#monocles is a #honeypot" that is mitigateable ciz unlike with Signal you can choose your own client, choose a different provider & exervise self-custody of all tue keys!
monocles.eumonocles searchmonocles search, powered by searx
Replied in thread

@GhostOnTheHalfShell @cryptadamist #Monero is the only crypto I use for actually buying and selling things online.

It's bad enough for Amazon to know my credit info.

It would be patently *stupid* to broadcast details of my every individual purchase, unencrypted, to the Entire Internet.

Show me the AMZN/WMT blockchain; I will show you a paradise for scammers, state surveillance, and stalkers

Monero is a cryptocurrency with strong privacy properties by default, but your wallet still needs a way to connect privately to the network. The best solution is to run your own Monero node, a copy of the blockchain which allows you to connect without anyone else knowing when you're using your wallet or sending transactions.

Our latest tutorial showcases how to easily set up your own Monero node on your TrueNAS server, using MAGIC Grants's pre-packaged Monero apps: privacyguides.org/articles/202

Privacy Guides · Creating a Tricked-Out Monero Server with TrueNASIn this guide, we will walk you through setting up a very powerful Monero server on TrueNAS.
Replied in thread

@cobordism @hyc @voxel Noone claims that #Monero will help "#AbolishCapitalism"!

  • That would be deranged and in complete denial of reality.

What is however evident is that only #PostPrivacy #Shitcoins can do #ProofOfStake as unlike #ProofOfWork it inherently necessitates #PostPrivacy as in all transactions and amounts are public.

  • I'm pretty shure that #PoS cannot be implemented (even if #Monero devs wanted it to!) without making removing Monero's #privacy that it can retain under #PoW.

Again: I call it "least worst" for a reason; not "great", "good" or even "okay"...

MastodonHoward Chu @ Symas (@hyc@mastodon.social)@voxel@infosec.space PoW vs PoS has been debated ad nauseam already. PoS is unworkable for many reasons but most obviously because your stake is the number of coins you own. Publishing the number of coins you own defeats the purpose of Monero's confidentiality guarantees. It's a non-starter.

@hyc @voxel also #PoS inherently rewards rich users and concentrates power even more than the nature of #PoW would, as running a #Monero #node or #miner doesn't require expensive custom #ASIC|s that are going to become manufactured #eWaste down the line and can't be repurposed for anything but being the noisiest and most expesive space heaters!

infosec.space/@kkarhan/1146386

  • Or to put it into perspective: PoS implementations like #Ethereum only rewarded already abdurdly rich capital holders and wiped everyone else out due to every PoS mechanism demanding a minimum of staked coins AND even if it didn't all of them inherently reward staking more with a higher "rent" / "reward"!

Case in point: There are only ugly and filthy solutions to that problem and Monero chose the "least worst" they could: Shure it still has problems but those are at least fully known, understood and working as in 'communities can outnumber single rich entities'...

Infosec.SpaceKevin Karhan :verified: (@kkarhan@infosec.space)@voxel like all #PoW #Cryptocurrency, #Monero too does #WastefulComputing. - Unlike many others it automatically adapts #Difficulty based off total #hashrate as it enshures a constant block reward of 0,6 XMR + Tx Fees per block at a constant block time of 2mins per block. That being said Monero was explicitly designed to not be #ASIC-able in a cost-efficient manner and be #GPU-unfriendly, so it's more #decentralized and doesn't cause harm by demanding custom hardware that can't be repurposed that causes 100% avoidable #eWaste! - IOW: I's the *'least worst'* option given it's PoW doesn't incentive or reward capital holders (beyond the ability to host and have power to mine)…
Replied to Voxel

@voxel like all #PoW #Cryptocurrency, #Monero too does #WastefulComputing.

  • Unlike many others it automatically adapts #Difficulty based off total #hashrate as it enshures a constant block reward of 0,6 XMR + Tx Fees per block at a constant block time of 2mins per block.

That being said Monero was explicitly designed to not be #ASIC-able in a cost-efficient manner and be #GPU-unfriendly, so it's more #decentralized and doesn't cause harm by demanding custom hardware that can't be repurposed that causes 100% avoidable #eWaste!

  • IOW: I's the 'least worst' option given it's PoW doesn't incentive or reward capital holders (beyond the ability to host and have power to mine)…

"#Stablecoins remained the primary choice for #terrorist financing organizations" according to #TRMLabs (who have a questionable history as far as downplaying things like crypto's terrorist financing use cases but are at least more reliable than #Chainalysis)

and when they say "stablecoins" they really mean "#Tether on the blockchain (#Tron) owned by #Trump's new business partner #JustinSun".

(h/t @cybeardjm)

Replied in thread

@radmin @vozercozer them featuring #Bitcoin #Ethereum, #BraveBrowser and not #Monero, #TorBrowser & #BitTorrent shows that the original creators (not the OP!) are #CryptoBros and #TechIlliterates as they shove in #Blockchain garbage everywhere and fail to acknowledge shortcomings.

  • I.e. #MetaMask is just garbage software and doesn't even work well, far less can replace #PayPal and do actual payments!

Also noone wants garbage like Ethereum, #Filecoin and/or whatever other #Shitcoin they pitch!

Wet-Dry Worldvozer 🎀 (@vozercozer@wetdry.world)Attached: 4 images web 3.0 is when chrome isnt and brave is