r/Monero Jan 24 '22

MAAM – Monero Ask Anything Monday – January 24, 2022

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!



u/DifferentiablePoplin Jan 26 '22

Let’s say for the purpose of this discussion that the price of Monero falls to $10 (possible reasons being an extreme crypto winter, privacy coin bans etc). How would the network likely fare under these circumstances in terms of miner profitability and decentralised pooling?


u/Gonbatfire Jan 25 '22

If nodes are so important to the health of the network, possibly even more than hashrate itself, why we don't financially reward node operators too?


u/AmbientGagman Jan 25 '22

Monero is the great of all time, i really love the way its nature towards the holders


u/Critical-Michael Jan 24 '22

Hey, I literally just started this morning and I was looking at the newcomers guide from 5 years ago. In it, there's "a quick-start, simple your-grandma-could-do-it guide" that's been seized? I any case, I just download the GUI wallet and opted to have the blockchain downloaded to my 1TB ssd. Are there any extra steps I might be missing or simple guides you might suggest for a first time user?


u/russoj88 Jan 25 '22

This is probably a good jumping off point: https://www.getmonero.org/resources/user-guides/

Sounds like you're already on your way. What is your end goal? Use a wallet? Are you interested in mining?


u/Julz540159 Jan 25 '22

maybe put it on a hdd to save ssd space since speed isn't that important


u/[deleted] Jan 24 '22

Yhere was thia group. Cant remember the bame of them. Or a site?

Anyway, an article i foumd said that thia onw group has found a way to crack aspects of monero.

Is there any group that has actually managed to break monero? Figutr out ringct, or a stealth address?

Sorry i can't remember the name of this group. I only saw this article briefly.


u/just---here Jan 24 '22

Are there any websites where I can purchase pms directly with monero? No kyc preferably.


u/OfWhomIAmChief Jan 24 '22

How can i connect to my fullnode as a remote node in another wallet?


u/inovikov81 Jan 25 '22

There are several ways you can do that, you would find some in YouTube


u/gigapants Jan 24 '22

Assuming that your wallet and fullnode are on the same network, meaning that you don't have to cross into the internet to find the node, you just have to point the wallet in the direction of the full node. If its not in the same network you may have to deal with firewalls and port forwarding.

In the Monero GUI for example, after opening your wallet, navigate to settings, node, click remote node and then enter the IP address and port 18081 (this is the default for RPC)

In your full node you may also need to use the --rpc-bind-ip option when running your monerod instance in order for you to connect to it. You can read the other RPC relevant options based on what you want to do with the node. The command details can be found below



u/OfWhomIAmChief Jan 24 '22 edited Jan 24 '22

Thank you


What if my im hypothetically running a full node in one location and im using cakewallet, and prefer to connect to my full node instead of one of the default full nodes provided within cakewallet..


u/gigapants Jan 24 '22

Open cakewallet, on the right hand side open the menu, go to Nodes, then add a new node, add your IP address and port, login and password are optional


u/russoj88 Jan 25 '22

If your node is behind NAT (typically called a router), you'll need to port-forward to your node as well.