Zaptosis

joined 4 months ago
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Are there any anonymous coins that have better security than Monero? in c/monero@monero.town
[–] Zaptosis@monero.town 2 points 3 days ago

How much privacy should we have? Lets aim for absolute secrecy, pull back as hard as we cost effectively can & see how far the arrow flies.

Though its amazing to see other established cryptos like BCH & LTC push the cutting edge even further.

Are there any anonymous coins that have better security than Monero? in c/monero@monero.town
[–] Zaptosis@monero.town 3 points 3 days ago (2 children)

You don't need to worry about buying it directly though if you don't have exchange options like Kraken. So long as you can buy any crypto, you can easily swap to Monero. Tons of swap services or in wallet swap providers.

If you want to get the absolute lowest fees when swapping to Monero you could use Trade Ogre & swap currency pairs directly. They only charge a 0.2% fee per trade. The interface is a bit intimidating but the whole buying another crypto then swapping to Monero can be essentially free.

XMRig Based Anti-Spam / Rate Limiting in c/monero@monero.town
[–] Zaptosis@monero.town 1 points 3 months ago (1 children)

Thats a shame because it would really allow for a massive boost in network security & decentralization. Imagine if instead of what Tor did, they actually just had a modified working version of RandomX which could generate revenue for owners.

To me it just seems like such a waste that proof of work challenges are becoming more common place but those CPU cycles are essentially just being wasted not actually doing anything of value. Like at least if they could be given work units to very briefly preform micro prime number calculations, at least there is some mathematical value in that.

XMRig Based Anti-Spam / Rate Limiting in c/monero@monero.town
[–] Zaptosis@monero.town 1 points 3 months ago

Thank you, that is actually quite interesting

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XMRig Based Anti-Spam / Rate Limiting (monero.town)
 

Why hasn't someone built an XMR web-miner that is first & foremost made to replace captchas & reduce spam while also generating revenue?

I imagine the profit potential would be quite high for anyone who could implement their own solution & maybe like XMRig have a default donation value to get paid for creating thing.

It would be amazing if as a website owner I could have set difficulties to preform certain tasks & the server could send users work units for users to complete, obviously at a much lower difficulty but if they manage to actually complete the work or get a correct hash then it could be designed to automatically send that back. Increased revenue (maybe enough to replace ads), less spam, & no captchas for users, everyone would win & all this extra mining would increase the security of the Monero network.

Is there an obvious reason I'm not seeing as to why this hasn't been done?

I love monero, but... in c/monero@monero.town
[–] Zaptosis@monero.town 1 points 3 months ago

Swap your Monero to a currency using a decentralized exchange or something like Trade Ogre or StealthEX, then sell on whatever exchange you have access to. Ideally if you want to go the KYC route (don't support KYC businesses if you can) then use an exchange like Kraken or anyone who still offers Monero just to support the ecosystem & keep them around.

Gift cards from Coin Cards or Cake Pay are great options as well. Also just see if you can pay people in XMR, I've ended up being able to pay so many people online for such random things in XMR with a bit of convincing, obviously in person people will just want cash. Crypto really is online money first. Great for long-distance transfers & storing value in a fully self-sovereign way.