Monero Community Crowdfunding System (ccs.getmonero.org)
129 points by OsrsNeedsf2P 15 hours ago
resonious 3 hours ago
I'll echo the sentiment that Monero seems like the "best" cryptocurrency in that it has all of the benefits of Bitcoin + actual privacy.
And interestingly, it's one of the least-used least-hyped options. It's as though we didn't actually want privacy in our money system.
I think a hint into this is actually in one of these posted features: https://repo.getmonero.org/monero-project/ccs-proposals/-/me...
One of the reasons for building a proper payments system is "Casino games"...
nz an hour ago
It seems that many high-quality things (or otherwise aspirational things) take on Esperanto names (disclosure, I am an Esperantist). While Monero is no doubt a cool crypto-currency, it is even cooler that it has inspired some crypto-curious people to learn Esperanto[1] instead!
While I am here, I might as well give you a brief Esperanto lesson. Mono = money, ero = piece/quantum. So, "pano" = bread, "panero" = bread-crumb. Thus, "monero" = coin.
Many previous international currencies (all of them created with Swiss involvement), were also given Esperanto names: Spesmilo (thousand speso's (speso is analogous to "penny")), Stelo (star).
There is even a luxury watch-brand (from Switzerland) called "Movado", which is Esperanto for "Movement" (made back when watches were made with mechanical movements).
And I also learned, from the linked thread (disclosure, I am a participant), that there is a soft-drink called "Mirinda". This is an adjective that means "awe-worthy".
[1]: https://www.reddit.com/r/Esperanto/comments/1sobiko/comment/...
Hendrikto 8 minutes ago
> interestingly, it's one of the least-used least-hyped options. It's as though we didn't actually want privacy in our money system.
There is lots of interest from individuals. But governments all around the world have done their best to suppress it. They indeed do not like privacy and independence. They are the ones who sued and pressured exchanges into delisting Monero.
tromp an hour ago
Monero is far more bloated than Bitcoin, paying a high price for its privacy features, most of which (no visible amount or address) can be had while making even Bitcoin look bloated [1].
[1] https://np.reddit.com/r/grincoin/comments/mu88ow/comment/gv6...
brightball 36 minutes ago
Part of the reason is that you can’t buy it on Coinbase.
Hendrikto 3 minutes ago
Because of government pressure. It was delisted by lots of exchanges purely based on government fear of privacy and independence, not any technical or demand reasons.
giancarlostoro 25 minutes ago
Coinbase doesnt sell it which annoys me, but probably due to legal regulation I am sure. Its a shame too, I think its probably one of the most interesting cryptocurrencies.
puskavi 3 hours ago
Its been made very difficult to actually buy it
ddtaylor 2 hours ago
You can go to an ATM and purchase a coin and use a DEX to convert almost instantly.
catapart an hour ago
littlecranky67 3 hours ago
Privacy is available in bitcoin as a layer-2 solution such as Lightning. When Trump made the popular and media-broadcast bitcoin transaction during his campaign, he did so over lightning. Privacy alone is thus not a big reason to abandon bitcoin and move over to another chain.
Cider9986 14 hours ago
Monero has consistently exceeded the rest of crypto in community, integrity to mission, and use-case. True digital cash.
FCMP++ upgrade will be huge for sender privacy bringing Monero's technical strength in line with ZCash.
The new site[1] looks great as well; it was funded by the CCS.
Dig1t 11 hours ago
Very awesome set of replies you’ve left in this thread. So nice to see.
I will be buying some Monero for the first time because of this thread.
Cider9986 8 hours ago
I'm glad you gained something! Welcome to Monero!
Drop a Monero address here and I'll send you a tiny amount for your first transaction.
I recommend CakeWallet, which is cross-platform, user friendly, and does a lot of good for the community, but any of the wallets recommended on the official[1] website are fine.
p.s. you or anyone can reach out via my contacts in bio if you have any questions about Monero.
zhouzhao 6 hours ago
grigio an hour ago
Monero is what Bitcoin wanted to be
littlecranky67 an hour ago
Monero has fixed inflation baked in, so no.
andai 12 hours ago
consumer451 12 hours ago
Would someone please explain to me the pros and cons of this existing?
SOLAR_FIELDS 6 hours ago
The US Federal Government specifically calls out Monero as one of the coins that it hates, which means that it must be quite effective at achieving its goals. So the pro is that you know it works. The cons are nothing specific to Monero, just general criticism of cryptocurrencies. Not being a deep crypto user myself, at least, I haven't heard anyone speak of any flaw specific to Monero that isn't shared by a significant portion of the remainder of all of these coins
Cider9986 8 hours ago
Do you already know how a regular Cryptocurrency works and want to know about Monero specifically? Or do you not know anything about Crypto?
consumer451 8 hours ago
I am very aware of cryptocurrency, some of the intricacies, and possibly most of the use cases.
I asked an honest question about the pros and cons. Every technology has pros and cons, right?
ofrzeta 8 hours ago
cowpig 10 hours ago
pro: if the world devolves into an authoritarean hellscape, people will still have a form of undetectable currency until they find a way to get rid of this
con: this improves the chances if the world to devolving into an authoritarean hellscape
OutOfHere 11 hours ago
Monero needs to step up for quantum safety, not by replacing the existing encryption, but by adding a quantum safety encryption layer on top. Google's recent paper on quantum risks to cryptocurrencies had identified Monero as being at risk. This is not tomorrow's problem; it requires initiating action today, so these efforts can bear fruit by the time the quantum hardware is ready, perhaps by 2029.
littlecranky67 5 hours ago
All coins are aware of quantum safety requirements, yet quantum computers are still far enough in the future that it makes sense to wait, and first see what those post-quantum mitigations should look like.