/r/Monero
This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Freewаllet and Chаngelly are not trusted by the community and should be avoided.
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.
/r/xmrtrader – price/trading discussion
/r/MoneroMining – mining discussion
/r/MoneroMarket – buy/sell items through XMR
/r/MoneroCommunity – discuss education, promotion
/r/Monero
It seems AllArk.io is dead.
Is there another service which offers Lightning channels for Monero?
I see these guys: https://blocktank.to but you need Bitcoin first.
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!
Haveno relies upon arbitration by the network you’re operating on. In a case where the arbitrators act maliciously they can create trades where they control 2/3 keys to seize funds.
Currently the most popular network is haveno-reto which is an anonymous group, the only thing they have to say they will act honestly is their reputation.
When swapping with custodial exchanges the only thing you also rely on is their reputation. Therefore I argue that Haveno networks are no more secure than a centralised exchange which also operate purely on reputation.
To pre-empt some common objections I think people might have:
To be clear, I’m not saying Haveno-reto will steal your funds. I believe it is no more secure than trading with already established centralised exchanges. Is this really more secure? Or is it a charade of security? Couldn’t the developers have just relaunched LocalMonero anonymously?
Hey guys ,
I've got alot of monero and I want to be able to trade in and out of monero for day trading using it as my store of value..
I've looked on dextscreener. But I'm a bit confused..
Say if I want to do weekly or intra trading on bigger majors like sol Btc XRP top 100 etc etc and even go deeper into some memes.. what is the best dex to be able to do this on that has these trading pairs...
I could move funds from a fantom wallet or a bigger exchange onto this Dex but what one is advised?
Also when looking on dextscreener you would type In sol or XRP and there was hundreds of these pairs is the actual true pair available on these dexs or must you go onto cex exchanges ?
Interested in reading through some old discussion boards from around 2014-2016 discussing Monero
Thanks
Hello, after the delisting of XMR from trading platforms I have been looking for a way to trade XMR, for BTC for example. Everybody is recommending that app Havano so I gave it a try and it looks promising, I set up a BTC address and tried to initiate a trade.
Issue is I am prompted to fund XMR to start a trade, and well I'm actually trying to get XMR at this very moment so I don't have any. Strong chances most users are in a similar position as mine and I'm thinking there's no way they did not think this through and offer another way to fund a trade, because currently if you don't own XMR the app is 100% useless or am I missing something here ?
Thanks for anybody taking the time to help with this.
Can someone explain the differences and the history behind the different projects/repos and names?
When I went to the "main" repo that has been linked here: https://github.com/retoaccess1/haveno-reto I see it is a fork of https://github.com/haveno-dex/haveno with no explanations of why and what are the differences.
Then it seems they also recently rebranded to: https://retoswap.com/.
What is the fork for? Is it the same team behind both projects? Why the rebrand? What is the history/timeline behind all this?
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:
https://np.reddit.com/r/Monero/comments/75w7wt/can_we_make_skepticism_sunday_a_part_of_the/
In case you haven't checked it out already, here is RetoSwap's new website:
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 checksum
of your downloaded files when possible.
Please note the following usage of the labels:
⚠️ - Relatively new and/or beta. Use wallet with caution.
☢️ - Closed source.
Wallet | Device | Description | Download link |
---|---|---|---|
"Official" GUI / CLI | Windows, macOS, Linux | Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.18.3.1 / 0.18.3.1. | GetMonero.org |
MyMonero | Windows, macOS, Linux | Lightweight wallet -- you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. It also has web-based and iOS versions. | MyMonero.com |
Feather Wallet | Windows,macOS, Linux | Feather Wallet is a free, open-source Monero wallet for Linux, Tails, macOS and Windows. Supports hardware wallets (Trezor and Ledger) as well. | Featherwallet.org |
Exodus | Windows, macOS, Linux | ⚠️ / Multi-asset wallet. | Exodus.io |
ZelCore | Windows, macOS, Linux | ⚠️ / Multi-asset wallet. It also has Android and iOS versions. | Zelcore.io |
Guarda | Windows, macOS, Linux | ⚠️ ☢️ / Multi-asset wallet. | Guarda.co |
Coin Wallet | Windows, macOS, Linux | ⚠️ / Multi-asset wallet. | Coin.space |
Wallet | Device | Description | Download link |
---|---|---|---|
Monerujo | Android | Integrates with Ledger (hardware wallet). Website: https://www.monerujo.io/. | Google Play / F-Droid / GitHub |
MyMonero | Android / iOS | Website: https://mymonero.com/ | Google Play / App Store |
Cake Wallet | Android / iOS | Website: https://cakewallet.io/ | Google Play / App Store |
Edge Wallet | Android / iOS | Multi-asset wallet. Website: https://edge.app/ | Google Play / App Store |
ZelCore | Android / iOS | ⚠️ / Multi-asset wallet. Website: https://zelcore.io/ | Google Play / App Store |
Coinomi | Android / iOS | ⚠️ ☢️ / Multi-asset wallet. Website: https://www.coinomi.com/ | Google Play / App Store |
Moxi / Guarda | Android / iOS | ⚠️ ☢️ / Multi-asset wallet. Website: https://guarda.co/ | Google Play / App Store |
Exodus | Android / iOS | ⚠️ / Multi-asset wallet. Website: https://www.exodus.io/monero/) | [Google Play](https://play.google.com/store/apps/details?id=com.exodusmovement.exodus / App Store |
Coin Wallet | Android / iOS | ⚠️ / Multi-asset wallet. Website: https://coin.space/ | Google Play / App Store |
Wallet Anonero | Android | ⚠️ Website: http://anonero5wmhraxqsvzq2ncgptq6gq45qoto6fnkfwughfl4gbt44swad.onion/ | Website |
Mysu | Android | ⚠️ Website: http://rk63tc3isr7so7ubl6q7kdxzzws7a7t6s467lbtw2ru3cwy6zu6w4jad.onion/ | Website |
StackWallet | Android / iOS | ⚠️ / Multi-asset wallet. Website: https://stackwallet.com/ | Google Play / F-Droid / App Store |
Wallet | Description | Link |
---|---|---|
MyMonero | Web version of the MyMonero wallet. | Web |
Guarda | Multi-asset wallet. | Web |
Coin Wallet | Multi-asset wallet. | Web |
RINO Wallet | Self-custody Monero multisignature web wallet. | Web |
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.
The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).
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.
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, ChangeNOW and SideShift.AI. These services are only recommendations (which change over time) and are operated by entities outside the control of the Monero Project. DYOR and be diligent.
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.
Before any action there are two things to check:
Settings
, under Debug info
).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.
This question is beautifully answered on StackExchange.
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).
The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld.
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.
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.
This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.
This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.
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".
This question is beautifully answered on StackExchange.
Take a quick look at this post: https://www.reddit.com/r/Monero/comments/1gxjht6/rant_monero_a_finished_product_not_a_project_be/
The guy sounds like Michael Saylor (wish I didn't know who that was). He speaks in platitudes and stupid religious jargon.
I used to think that people who didn't care about the price going up were just lying to themselves, and to be fair, I still think that to an extent, but what I've realized is really important.
The privacy and freedom Monero provides is far more important than the price. It'd be nice if we all got rich off of Monero, but what we should be concerned about is whether Monero is the best technology that it can be.
If we allow people like the guy in the post I linked to become the majority of Monero users, we will become another shitcoin community full of speculators and zealous idiots. We need to keep the realism, avoid an echo chamber, and try to make Monero better and freer, not more expensive.
Hi guys asking here because this is the only crypto community i still trust.
I am actually a noob and was wondering how does the multisign work, but in the end it would be complicated to store both the keys and the Xpubs for all 3.
So my idea wa, what if i split a 24words phrase into 3x16 words mnemonic seeds? In this way i need two of the 3 metal plates to recover the wallet right?
Do not esitate if i just said a big idiocy please:
In example i would have:
Original Seed
0 abandon
1 ability
2 able
3 About
_____
4 above
5 absent
6 absorb
7 abstract
_______
8 Absurd
9 abuse
10 access
11 accident
_____
12 Account
13 Accuse
14 achieve
15 acid
______
16 Acoustic
17 acquire
18 across
19 act
20 action
_____
21 Actor
22 actress
23 actual
24 adapt
So after splitting i will find the 24 words i would find 24 words on 2 seeds
I have an old laptop kept in a shed corner that I keep a Monero node running on (having downloaded and synced blockchain by running monerod). And this node and ip address does show up on https://monero.fail/map
Does this mean this node is already available to use as a remote node by anyone including myself if I am using the GUI wallet on a different machine?
This is the weekly Monero market thread. This thread will be posted every Friday and is meant to help accelerate the adoption of Monero. Due to r/moneromarket having only a fraction of the subscribers of r/Monero, we have decided to create this thread to encourage more individuals to use Monero for product exchanges. Until the market matures, we recommend that the Monero community post their products both in this thread and on r/moneromarket (to ensure growth of that subreddit).
Selling items for Monero will boost your (and Monero's) reputation as a legitimate form of exchange of goods. This is necessary for the growth of Monero, our community, and privacy as a whole.
When you post your product or job listing here, please make sure to:
Spamming will not be tolerated. Please make sure that listings are legitimate and do not break rule 2."
Finally, credits to cdotsubo for starting the concept!
Which are the best? I use exchanges -> XMR to BRL (brazil currency)
If you know of another with a lower rate, please mention it.
nonkyc.io for swap
IF we consider that the main fundamentals of a POW cryptocurrency are the hash rate, and the real daily transactions.
What can we deduce from this image?
I see that on few occasions has Monero's health been so strong, and I'm sure I'm not the only one who can see it that way.
I always thought about the power Monero has, it's got it all in a way that sometimes I wish it was the first before Bitcoin. Bitcoin has the upper hand and the biggest cap and liquidity. I think what Monero has to offer is huge. It's just not there yet. Maybe when the world realize they have no option but to stop relying on custodians and third-parties to hold their money for them only then they'll Monero.
There is a certain centralized P2P exchange that allows you to generate multiple receiving addresses for XMR. I noticed that all the generated addresses are the same except the last 16 or 17 characters.
For example:
4AdUndXHHZ6cfufTMvppY6JwXNouMBzSkbLYfpAV5Usx3skxNgYeYTRj5UzqtReoS44qo9mtmXCqY45DJ852K5Jv2684Rge
4AdUndXHHZ6cfufTMvppY6JwXNouMBzSkbLYfpAV5Usx3skxNgYeYTRj5UzqtReoS44qo9mtmXCqY45KC1nb8juuPGwYkik
4AdUndXHHZ6cfufTMvppY6JwXNouMBzSkbLYfpAV5Usx3skxNgYeYTRj5UzqtReoS44qo9mtmXCqY4fe34Wahd53acA3Xx
I will admit I am not an expert on Monero, but is this normal? Does this affect my privacy if i am sending to these linked primary addresses?
I have a dream that one day I will see people instead of exchanging cash for goods will use XMR. I wish that instead of paying my friend cash I could just scan a QR code or use NFC to pay using monero while using my phone. Perhaps it will not ever happen, maybe it will.. Who knows.
It seems nice, peer-to-peer, has graphs, etc. Seems to be compatible with Monero.
What you guys think?
Hello guys, I recently start using Monero, but I feel like a lot of the information I've read/seen has been sort of muddled in my head, so I had a couple (most likely extremely basic) questions about Monero. Some of these questions might seem very dumb, but yeah, I don't really know much right now.
Thanks
If you were around crypto from the very beginning you’ll hear me loud and clear. If you used “crypto” for something illegal then you’ll understand what I’m saying.
Me? I used bitcoin for online poker and sports betting. This was back when you would buy it from Coinbase and instantly send it to the website. I wasn’t paying attention to the volatility one bit. It had a use for me that allowed me to slip under the radar! It had a use case! I was able to fund my account back when every credit/ debit card would be declined. I was a ninja that wasn’t detected…. So I thought.
As the years passed and I became more engaged in blockchains I suddenly realized that there’s nothing good or private about so called “cryptos”. None of them did what we thought they did and all were traceable and trackable.
I came to a conclusion one night. If everything is known then why does it matter? What’s the point in this? There’s no real reason to use Bitcoin or any other “crypto” because it is public! Crypto should only be used by the Government and PUBLICLY traded companies! All transactions which are funded by tax dollars should be on a public blockchain!
That leaves no questions, no doubts, no ifs ands or buts!
You want to see where the public funds are going? Then learn to read the blockchain and the public companies & governments should only transact on them!
Now the good part!
Is there an actual crypto? One that is actually untraceable? One that you can’t prove how much was sent or received?
Yes there is!
And that is the only real crypto by definition.
Don’t forget that we defined what crypto was back in the day. It was anonymous and for the people!
Monero is the one and only real crypto!
Now this might cause issues! People worried about price don’t understand the history! You see, Monero isn’t known or necessarily needed yet but slowly markets are forming! The more “the man” gets involved with regulation the more it becomes needed!
I buy Monero for fun now! It’s not an investment financially, it’s an investment for freedom! I’ll be ready to use it when everyone else realizes that privacy is part of freedom!
All the centralized exchanges I use (Kraken and Binance) have delisted Monero in germany due to regulatory problems, I'm worried I might get stuck with the small amount of XMR I have with no legal way of selling it. I know there are always still ways to buy/sell it such as atomic swaps or P2P stuff, but those don't help much if they aren't legal), so the question is are these ways of still selling monero is still legal or not. Is it just centralized exchanges that can no longer list Monero becouse of these new regulations or are P2P trades/atomics swaps or simlar decentrilised means also illegal. Privacy is good and all but privacy for the sake of privacy is not worth breaking laws over.
Here’s a quick chart ranking crypto topics by how desirable people find them, scored from 0 (meh) to 100 (awesome).
Stuff like “Investment Opportunity” and “Banking the Unbanked” are big winners, while “Tokenization of Assets” and “Inflation Hedge” didn’t score as high.
Privacy is ranked on the higher end. But at the top is really getting mad gainz. People also want it for global transactions (where XMR and USDT is doing well).
It’s a cool snapshot of what people care about most in crypto and what might need some work to get more attention. Perfect for anyone curious about where the hype (or lack of it) really is in the space!
I’m excited to introduce Monero Casino Bot, a fun and simple way to play games and potentially win XMR! Right now, we offer Monero Dice, a straightforward game where you:
- Bet an amount of XMR.
- Pick a number between 1 and 6.
- If the dice rolls your chosen number, you win 5x your bet!
Our game is provably fair and random, as it uses Telegram’s built-in real-time dice roll feature, which cannot be tampered with. Each result is generated directly on Telegram’s servers (just like any animated dice emoji), ensuring fairness and transparency.
This is just the beginning! We plan to add more games and features in the future. If you’re interested, give it a try: t.me/monerocasinobot
Do you agree with this statement? If yes, we’d love to hear your thoughts on why!