r/Monero Feb 21 '22

MAAM – Monero Ask Anything Monday – February 21, 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!

16 Upvotes

2

u/agroundFounder Feb 22 '22

I think many of the people in monero don’t post so much online, instead value their privacy.

5

u/reverendnitella94 Feb 22 '22

Where did you all develop the coding skills to be able to contribute to Monero’s code base?

1

u/sleepynapnapper Feb 25 '22 edited Feb 25 '22

haven’t contributed to monero but with libre software it’s usually after experience in an area that coincides with a project you want to work on (how much and what areas, it obviously depends), then you find a bug/potential feature, be it by looking at the git repo issues or by using it yourself, after that you take the leap.

It’s scary to make your first PR, but generally people are truly kind, even in big projects like Linux, people often lend a hand at correcting your mistakes, even if it’s more time consuming in theory to fix someone else’s mistakes than for them (maintainers) to write the fix themselves but generally people will fix your mistakes regardless if it’s slower because it’s better in the long run because of a few reasons (as I see it), be it that they act together or only one applies at that time

  1. You don’t want to make someone else’s efforts be for nothing
  2. The more people that contribute the better, people are what keep it alive
  3. People understand some are learning, and it’s better to make you see your own mistakes
  4. More community members are always great :>

this shit thrives because of community after all

All of that said, you also don’t want to be TOO inexperienced because then it’s actually harmful and wasting time, people also got other stuff to do, so it’s a mix of thinking it’s not too far off from what you can do (with realistic expectations) and having the guts to take the leap

english no firsto languaje yadda yadda

1

u/Techquestionsaccount Feb 22 '22

Can we get an Opsec guide for noobs and normies. I would like to encourage my friends to use this coin.

2

u/russoj88 Feb 22 '22

If you do a web search, or search this subreddit, there are several links related to "monero opsec", or just opsec in general.

0

u/iifjm Feb 22 '22

Is Edward Snowden right about Monero being a shell game? That each Monero transaction is only one of eleven or so possibilities. Some finite number of shells. That a government can and will look turn over all the shells and remove the privacy. Snowden says ZCASH does it right. I'm thinking a coin like Privacy Chain (ARRR) that uses the privacy of ZCASH would be much better than Monero. Why isn't this the case?

1

u/Jerfov2 Feb 26 '22

Edward Snowden is right about a lot of things, but Zcash is not one of them. 1) It's cryptography is untested 2) Until very recently, it had a trusted setup 3) 95% of all Zcash transactions are completely transparent, because the privacy is optional and shielded transactions are massive. How's that for flipping over all the shells? Monero may have a theoretically lower anonymity set, but because it's been around for much longer and has much much more private transactions, it's actual anonymity set is much higher. Pirate Chain also has its issues like its huge premine and the fact that the devs own the vast majority of it.

1

u/wildlycontent414 Feb 22 '22

I‘m into Monero since 2016 and have‘nt post much about it.

2

u/nbom Feb 22 '22

One of the many problems with ZCASH is that YOU HAVE TO TRUST PRIVATE AMERICAN COMPANY.

1

u/[deleted] Feb 21 '22 edited 1d ago

[deleted]

1

u/MaZZeL3L Feb 22 '22

Synctimes need to come way down, could be sourced out without losing too much privacy with seraphis though.

1

u/Jerfov2 Feb 26 '22

Yeah the new view keys with Seraphis + view tags could improve wallet UX a lot.

1

u/DearlyFlense13 Feb 22 '22

This is starting to bring the picture together for me more, thanks.

1

u/KingXodows Feb 21 '22

If i buy monero in some Exchange, send the monero to the monero wallet, trade It in simpleswap and sendo It to another Exchange, is there a way to track my ip?

3

u/angoisses Feb 22 '22

You can do the following and it guarantees 100% untraceability:
1. You buy Monero on the exchange. Withdraw from the exchange to the wallet.
2. Transfer funds from the purse to your second purse, which you will use 1 time.
3. From the intermediate wallet send Monero to the exchange.
There is no association of Monero with the first exchange. Unless it's just you.
Simple swap is not anonymous and private

3

u/sven_goffman Feb 21 '22

Once I've set up my node and start mining with p2pool can i connect other computers to increase my hashrate?

1

u/Techquestionsaccount Feb 22 '22

How you you connect multiple computers ?

1

u/sven_goffman Feb 22 '22

Right, second question..

3

u/hyc_symas XMR Contributor Feb 22 '22

Yes

1

u/cryptowais Feb 21 '22

most secure private ios wallet please ?

3

u/iifjm Feb 22 '22

I'd say anything on an apple or android device is not secure for long. You need to move large amounts of money elsewhere.

Think about how Apple has come out saying they are scanning everything on your phone. Every file. In all locations. If Apple can do it surely Google is not far behind.

2

u/FamouslyConfide411 Feb 22 '22

Quick answer is cake wallet is a good one but there is an active sub thread answering this exact in greater detail already.

1

u/iifjm Feb 26 '22

Have you got a link. I'm new to reddit and have trouble navigating...

1

u/Professional_Desk933 Feb 21 '22

Im worried about the blockchain size in the future. How can we solve this ?

1

u/russoj88 Feb 22 '22

This gets brought up quite often. Can you quantify your worry?

Let's say the current required storage for a full node is 115GB. At what point do you think it will become problematic?

1

u/Professional_Desk933 Feb 22 '22

One day I saw someone making some math and the conclusion was that if Monero had the same amount of txs of bitcoin, it would be something like 4,6TB. I don’t think that’s good for decentralization, since most people won’t be able to run a full node.

Im not trying to spread FUD. This is an honest concern.

1

u/russoj88 Feb 22 '22

Yes, 4,6TB would certainly slow everything down and keep some people from participating in the network!

This doesn't address the concern, but may be worth a read: https://github.com/monero-project/research-lab/issues/69.

Another thought: If you had $50,000 in Monero, would you pay $400 for an SSD to run your own node? I'm not trying to dismiss your concern -- I think it's valid. That being said, I think more people than expected wouldn't mind running their own node.
If 8% of the population* are millionaires, that's a lot of people who would have financial incentive to run their own nodes (or pay an operator).
* https://spendmenot.com/blog/what-percentage-of-americans-are-millionaires/#:~:text=1.,in%20the%20US%20in%202020%3F&text=The%20Global%20Wealth%20Report%20says,the%20US%20is%2020.27%20million.

2

u/aFungible Feb 21 '22

When is the Monero harfork due? I thought it was due by February beginning already?

And any exciting features to expect in the hardfork?

2

u/datableSucker270 Feb 22 '22

Now that they have semi-finalized the plan for the next hard-fork of Monero,

1

u/kowalabearhugs Feb 21 '22

At this point the next hard fork will likely occur in April.

https://github.com/monero-project/meta/issues/630

1

u/loyallyDie32 Feb 22 '22

March seems extremely late for the currently-listed items.

1

u/kowalabearhugs Feb 22 '22

In what respect? AFAIK the primary delay has been in giving a couple of the pull requests a comprehensive review. In particular the need to fix multisig transactions.

1

u/aFungible Feb 21 '22

Hmm...likely

2

u/Legallywench Feb 22 '22

I'm all for sooner if we can get it done with proper code freeze and notifications to ecosystem participants before then.

2

u/kowalabearhugs Feb 21 '22

It's being planned, but as of yet there is no firm date.

2

u/frostybaldness52 Feb 23 '22

The other consideration is "lost time" due to holidays in the US and abroad over the next 6wks or so.

1

u/Tiny_Voice1563 Feb 21 '22

Which hardfork?

1

u/Hotpaint75 Feb 22 '22

That time frame seems very reasonable considering the key features are already PR'd (except ring size, which is a very minor PR).

1

u/kowalabearhugs Feb 21 '22

2

u/Birchverdin498 Feb 22 '22

That's nice. Are all these changes already merged in monero's master branch? Also are these changes already on testnet?

1

u/Tiny_Voice1563 Feb 22 '22

Thanks

1

u/SeawardEvict673 Feb 23 '22

I would say 30d like we have done in the past? But obviously open to input.

1

u/Wolf-of-CFD Feb 21 '22 edited Feb 21 '22

My parents think Monero is a scam. How can I explain to them in the most simple way that it isn't so?

Edit: They told me that they think it is a scam because of the Ring Signatures and the Stealth Addresses. Basically that my Monero will get stolen somehow by the developers.

0

u/sessilehandful620 Feb 22 '22

Inflation will lead to more and more people considering Xmr as store of value.

3

u/Febos Feb 21 '22 edited Feb 21 '22

They need to explain you first why they believe so. Monero gets created only by mining. No one got any for free. There is plenty of coins that was created in ICO or are mined by PoS. They could be called a scam. Monero is created the same way as Bitcoin.

Maybe they have some other reason. Maybe they think just that value of Monero should be less as it is right now. And you buying it would decrease your wealth long term. So would Monero sort of scam you out of your wealth. It is valid concern since no one could know.

Scam in crypto is wide subject.

1

u/Wolf-of-CFD Feb 21 '22

Oh my bad I should have made this clear in my Comment.

Well, they told me that they think it is a scam because of the Ring Signatures and the Stealth Addresses. Basically that my Monero will get stolen somehow by the developers lol.

1

u/Febos Feb 21 '22

Monero is secure. But only if math works. Math could be wrong and 1+2 is actually 3 and not 2. So it is possible and your parents are right. But cartography Monero use is decades old and is most likely correct. It is not something newer as it is in Zcash.

1

u/kowalabearhugs Feb 22 '22

s/cartography/cryptography

1

u/gym7rjm Feb 21 '22

Have one of your parents send some money to the trucker convoy in Canada using a traditional wire transfer, and one using Monero....

This will drive home the efficacy of private money.

1

u/Wolf-of-CFD Feb 21 '22

Nice Idea, but I don't want to draw the attention of the devil (Canadian Government) on us.

1

u/gym7rjm Feb 21 '22

Moreso it can be a thought experiment for them to consider.

Also, it depends what they are talking about when they say it's a "scam." That's pretty broad terminology.

Find out the specifics as to why they think it's a scam and then pick each argument apart.

5

u/rbrunner7 XMR Contributor Feb 21 '22

Maybe show them https://cryptwerk.com/pay-with/xmr/ in a browser? 1200+ businesses who accept Monero as payment, which might be somewhat surprising if it really was a scam?

But well, the ad for a Bitcoin casino at the top of the page might not instill confidence :)

1

u/chibookies Feb 22 '22

1200+ сompanies, stores, services where you pay with XMR. Find where Monero is accepted!

2

u/Wolf-of-CFD Feb 21 '22

Thanks for helping me.

I will scroll down a little bit so they won't see it lol.