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hstl
monero is a shitcoin
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Bobtette
Any way to simulate a failed transaction?
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Copenhagen_Bram
Make a failed transaction on the testnet?
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Copenhagen_Bram
hstl: why do you say that?
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hstl
cuz it's true
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Copenhagen_Bram
hstl: may I PM you?
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hstl
nope
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Copenhagen_Bram
then I don't care if you think monero is a shitcoin.
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hstl
i don't care that you don't care
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Spaceguide
hstl , explain yourself, your 'cuz it's true' is not a valid reasoning
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hstl
Spaceguide, you want a fight?
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hstl
where you at?
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Spaceguide
well... if you can't even explain your reasoning....you're not worth a fight
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hstl
Spaceguide, yeah, typical answah of a coward
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ErCiccione[m]
Ignore the trolls
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locustlord
so
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locustlord
do tail emissions last forever?
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ErCiccione[m]
yes
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locustlord
ok cool
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locustlord
and good
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locustlord
since because of the tail emissions it will be a functional currency
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locustlord
though maybe they should be increased so that it's inflationary
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KrishnAncap[m]
use case of monero is drugs and taxes racket evasion
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KrishnAncap[m]
and store of value
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KrishnAncap[m]
which are pretty good usecases
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KrishnAncap[m]
and evading fascist regulations
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KrishnAncap[m]
unlike those Tezos cuck who pay to get their permisioned network users stalked by coin analysis forms
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KrishnAncap[m]
and implement travel rule onchain
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KrishnAncap[m]
making their shit just as good as credit cards
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endor00[m]
<KrishnAncap[m] "use case of monero is drugs and "> That's a shitty marketing line for mainstream adoption
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Mochi101
Travel rule on chain?
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fluffypony
why would the travel rule need to be implemented on chain?
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fluffypony
the travel rule is about financial institutions passing information on to other financial institutions
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fluffypony
and they already have ways to do that
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fluffypony
otherwise we'd be required to write down all the owners of a banknote on said banknote
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-
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fluffypony
idiot
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Mochi101
I'm interested in earning $3000 weekly though.
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asymptotically
Mochi101: i have years of experience synergising with S.C.A.M technology. i will show you how to earn millions of pounds a week if you buy my e-book for £6.99
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fluffypony
LOL
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Mochi101
Sounds like a real steal!
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guernsey
hello
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Mochi101
hello guernsey
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guernsey
hello
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Mochi101
What's considered to be a "very old" output?
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sech1
Mochi101 do you mean "Transaction spends more than one very old output" warning?
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sech1
30 days
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Mochi101
yes sech1
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Mochi101
thanks
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Mochi101
30 days is "very old" though?
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sech1
I always get these warnings
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Mochi101
I pretty much get them for every tx
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sech1
Even when I have 1 output enough for tx, wallet selects 2 outputs somehow and then complains
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moneromooo
It's arbitrary really.
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Mochi101
yeah
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yanmaani
endor00[m]: 'sex, drugs, and tax evasion'
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yanmaani
it's all a matter of how you spin it
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vdo[m]
spain wants to ban cash
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vdo[m]
bullish?
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moneromooo
Evilish.
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vdo[m]
yep.
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rbrunner
The socialists there want many things, without being able to pull through. Count on the chaotic Spanish politics, plus the fact that Spaniards are a pretty conservative bunch, overall.
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rbrunner
Of course we still can introduce Monero there :)
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rbrunner
Hey, I know what: Monero as the currency of a future sovereign Cataluña. Is that an idea or not?
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moneromooo
Thinking about it, if we lived in a world where cash had been removed overnight, I would switch to liking remote nodes as a lesser evil to allow everyone to use monero as easily as possible...
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moneromooo
Remove-as-in-third-party
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moneromooo
Too much chance of it breaking. You dont' want to wreck a whole country if your coin gets broken.
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moneromooo
Possibly not enough control. Not sure.
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rbrunner
Well, Monero for Venezuela then, complete with remote nodes :) because their cash is pretty much worthless already. Not even a need to remove it.
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Bobtette
I don´t think Monero can scale to accommodate or any other crypto for that matter.
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moneromooo
Yeah, that's another big problem right there :)
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moneromooo
That's why I'd like all the coffee on the blockchain people to go use something else. That'll DoS us to death.
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rbrunner
Grin really may come handy there. Private enough for coffee on the blockchain for sure, and maybe even scales to such levels, who knows.
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mmxxx[m]
how usable is it?
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rbrunner
Not sure, did not follow it closely lately, but I think their "aggressive pruning" approach could work for really heavy use.
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vdo[m]
maybe monero + atomic swapping to something like that
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rbrunner
Yes, I feel the same, that would be a good use of atomic swaps for once, between a "big amounts" coin (Monero) and "small amounts" coin (Grin or whatever reasonable choice)
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yanmaani
Can Grin prune better than Monero?
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KrishnAncap[m]
LN on monero seems better than this two-currency swap
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KrishnAncap[m]
awkward af
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KrishnAncap[m]
imagine normies dealing with atomic swap and crypto exchange ratea
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KrishnAncap[m]
rates
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KrishnAncap[m]
BTW day to day currency is a pretty ugly use case for crypto
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KrishnAncap[m]
I doubt it will ever pierce
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yanmaani
can't see why you can't just buy coffee on the main blockchain
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fluffypony
because it's a massive privacy fail
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fluffypony
you want data like that to be as temporal as possible
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yanmaani
What do you mean?
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yanmaani
You get a better anonymity set
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fluffypony
you leak more metadata
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yanmaani
What metadata do I leak?
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fluffypony
in the general sense
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yanmaani
"??? sent XMR ??? to ???"
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fluffypony
timing analysis
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fluffypony
correlation attacks
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yanmaani
And using Grin for this is any better?
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fluffypony
it's not about what's on the blockchain, it's everything else
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fluffypony
I never mentioned grin
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fluffypony
I'd say that something like LN on top of Monero is better suited
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yanmaani
Won't that introduce all sorts of scaling problems?
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yanmaani
I don't see how you could make LN anonymous
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fluffypony
in what way would LN on top of Monero not be private?
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yanmaani
If I'm sending through a hub, which is incentivized, they would see how much and to whom I'm sending, correct?
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fluffypony
nope
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fluffypony
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fluffypony
"One important aspect of routing, is that routers do not know the start or end points of a transaction it transmits. This is due to some cryptographic tricks used in routing, much like Tor."
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fluffypony
also that article points out that LN's privacy isn't as strong as Monero's
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fluffypony
but for coffee purchases it's plenty
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yanmaani
I just can't see how leaking more metadata improves privacy
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KrishnAncap[m]
I'm usually concerned by privacy
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KrishnAncap[m]
but not when it's about a coffe
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yanmaani
Haven't people done horrible opsec fails for less?
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hyc
your coffee habits reveal your deepest inner personality /s
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moneromooo
If they have CCTV, and they get your name just one, they know every time you've been around, timestamped.
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moneromooo
They then probably sell that to some creep company, who buys the same from lots of stores.
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moneromooo
I don't think they'd sell the footage, that seems too paranoid even for me. But in the future, it might start being done.
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moneromooo
Some stores do share stills of people suspected of theft.
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moneromooo
Easy enough to start sharing all of them.
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moneromooo
So pay by card once, and all the stores in creep data aggregators they deal with now have your name, address, and all your timestamped locations.
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moneromooo
I'm giving cash at the shop. I'd rather get coronavirus than fucked privacy. At least I have 99% chance to gget rid of the former.
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hyc
or you could, you know, make a cup of coffee at home for 25 cents, instead of buying $7 coffee in a pretentious cafe
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yanmaani
come on, the cup of coffee is just a hypothetical example
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hyc
talking about low value zeroconf txns
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hyc
how many of that class of txn do you actually conduct in a typical day?
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yanmaani
coffee isn't necessarily zeroconf, is it?
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yanmaani
in person or on the Internet?
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asymptotically
you need at least 5 confirmations if you want my pretentious gourmet coffee
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midipoet
confs could become a representation of length of customer retention, in store/cafe
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hyc
after 12 orders your next cup is 1 less confirmation!
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andioop[m]
<hyc "or you could, you know, make a c"> Excuse you coffee at MY pretentious coffee house is on 3 ish dollars and is soyvegan
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hyc
y'know, soymilk is part of my ethnic heritage, I grew up with it. but i'd never put it into coffee or tea
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Mochi101
Real men whiten their coffee with mayonnaise hyc
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midipoet
I will admit, I find both hazelnut milk and oat (unsweetened) milk quite tasty
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Calel
hey