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That’s unfortunate for people using it, but a good thing in the long run.
Cryptocurrencies that use proof-of-work, and haven’t already migrated to less resource-intensive schemes, are doing more harm than good.
Okay. I’m open to other options. What fungible, distributed, seizure resistant , digital money system do you recommend that doesn’t use proof of work?
Please cite a specific actionable example I can do research on and compare to monero.
Time to stock up on mining hardware and 5x my current mining operation 😁
PS. The US military burns billions of gallons of fuel per month and they murder people, I think we should stop worrying about proof-of-work and focus on real threats to the world at large.
That make total sense. Let’s just give up and accumulate a few more tokens while the world burns.
Nothing is burning. There is a parasitical class that has hijacked the currency and is conducting large scale evil operations because they can manufacture what most believe to be money.
Monero is here to replace their fraudulent system.
less resource-intensive schemes
Tell us about the options.
And I sure hope you are not talking about “less resource-intensive schemes” that are based on “let’s give money to people who have the most money” thus making the cryptocurrencies that use it not only unfair but also even more centralized than bitcoin with its ASICs, right?
Tell us about the options.
Literally anything but proof of work: taler, proof of stake, proof of weight, fiat currency, gold coins, pokemon cards…
These all have advantages and disadvantages, it depends on what users prioritize: polluting less, privacy, decentralisation, convenience, …
proof of stake
well, already addressed that in my comment :)
proof of weight
seems to be mostly the same thing as PoS.
Fuck
End of an era. For p2p with fiat we are going to need Haveno soon, or we are stuck using bisq and bitcoin.
As it currently stands, I suspect Haveno will be in the same situation as LM, legally.
If they collect no fees, run no servers of any kind and just write and publish software I don’t see how they can be held liable for anything.
The current design appears to rely on fees.
Well, then they’d better drop the project and let it be forked and continued by a team of anonymous developers wink wink. Or ditch the fees.
I dunno. It’s still peer to peer, there’s no coordination and no service being provided. I know, I’m living in a world that no longer exists, one where the rules matter and are clear. I don’t doubt for a second that some day the government will try to jail these guys. Even if they do everything right, collect no fees, run no nodes, have no connection to the project other than having wrote the code, the government will come after them. I think we all need to accept this fact, that it’s not about the rules, it’s about power, and that when you threaten power it will try to destroy you, and we need to start hosting code on Tor and publishing and contributing anonymously.
@mister_monster @fullmetalScience Consider standing up a Haveno test node!
https://github.com/haveno-dex/haveno/blob/master/docs/installing.md
Whoa wait, what’s LocalMonero and how does it relate to Monero? Does this impact Monero itself?
It may impact your ability to acquire Monero.
They facilitated trades of XMR for fiat.
Fuuuck so, and sorry for my ignorance, if I use something like Kraken to get monero, this could end up affecting that?
Kraken is a CEX, “centralized exchange”… If they still support XMR, eventually they won’t, like all other US exchanges.
Damn, that really sucks. So is this just a death sentence then?
Btw thanks for the help, I use monero but am totally ignorant to how most of this works.
No, depending on how fast the developers can get done with the decentralized exchanges / swaps so that they work perfectly and are somewhat easy to use. They’ll most likely want these to be hidden services to prevent also being shut down (I am only assuming that’s what happened to L.M.)
We are lucky we have Haveno and other DEX. The war is getting tougher.
What are the alternatives?
Know your enemies.
These clowns do not know what crypto is, they are puppets put in place to protect the banker monopoly.
This is a heartbreaking news. LocalMonero enabled anyone capable of navigating Ebay to convert XMR.
Thank you, Alex & the team, for all those years of providing what is probably the best Monero-service of all.
@fullmetalScience @rottenwheel
Nailed it, it’s a very noob-friendly service.
@fullmetalScience @rottenwheel
Did the ADL gave him the JFK haircut or has he managed to get out alive?
Feeling heat? Do they post canary?
When you say you’re retiring, you don’t need to post a canary.
Forced retirement is what I’m wondering, since they’ve seen others who “enable the use of privacy coins” get arrested in the freest country in the world.
@beeng IANAL, but I’m pretty sure that “enabling the use of privacy coins” has not been the charge in any US case.
“Money Laundering” is the charge.
And this is why WE NEED DEXES, and why I do what I can to support my preferred project (Haveno)
Ahh this might have been a mistake on my part, I thought Samourai was a Monero wallet.
I’ll checkout Haveno!
We are a reputable trader on there -> https://agoradesk.com/user/geterdone
and we have decided to build an I2P and Tor replacement. We have not slept since they made the announcement so we can get it up and running as fast as possible for the community. We are currently on the Matrix chat if you want to reach out to us for any questions, etc. -> @geterdone:matrix.org
We would have posted this elsewhere but, literally the only places you can post are constantly blocked. You can tell this very quickly like what happened when localmonero announced on reddit.com/r/monero they had 38 messages but only 15 showed. The fight for privacy is becoming a war and the battlefield is open.
get a onion domain ASAP and put a status page up so we can check it later
Damn! It was so easy to buy xmr there… I hope I find a good substitute for localmonero when I need to buy xmr again
FUUUUUUUUUUUUUUCK!!! That is absolutely the last fucking thing we need right fucking now.
Keep mining and remember the Bitcoin will have to go somewhere when that gets banned…which it will because it can
The forever boot on humanity wins again… Thanks for your service (never used them, don’t even know what monero actually)
Motherfuckers are in full attack mode. Time to strap in.
https://github.com/AgoraDesk-LocalMonero/agoradesk-app-foss/issues/296
Please upvote this issue if you want to see all the source code for AgoraDesk/LocalMonero be released!
Did not see that coming. Wish they would stick around until the DEX’s are fully mature.
It was an inevitability, however I thought tradeogre would get disappeared first.
I really hope they publish the source so someone can open up a similar service on tor and i2p.
