Value for Value ⚡️
I think that's yet another reason why I think the the symbiotic relationship between the two is is just so incredible because they do take very different approaches to, I think, targeting the same thing. I think we could definitely argue if Bitcoin is still targeting peer to peer digital cash these days. Some people on it certainly are, but the project as a whole, I think we could have a have a debate around that, but there's a loose target towards that, let's say, in both with very different approaches. And especially with Bitcoin's weight with the the amount of people and entities and businesses in the ecosystem, it's great that we have alternatives both ways. That as if if you're primarily a Monero user, what if the choices that we made around mining algorithm are a mistake and a nation state just says or let's just say Amazon just says, suddenly, we're gonna use all of our cloud compute to mine empty blocks in Monero. And Monero, you can no longer get a transaction through. Then I'll be really thankful that we have Bitcoin or vice versa if a nation state gets the majority of the ASR cash rate within it and says, hey. You're gonna mine these compliant blocks or else I can say, okay. Well, I'm really glad that I have access to Monero because now I can make transactions that I wouldn't be able to make otherwise. And that pairing, I think, is most valuable. And that's one of the reasons why I was so excited for the show is, like you said earlier on, there's usually, people are landing on one side or the other of, like, Bitcoin maximalism or Monero maximalism, and I think the most value is finding the right tool for the job. And for most people, I think the right tool is both Bitcoin and Monero. And so I think we'll we'll be able to hit a really good kinda center of the road approach here.
Episode Summary
In this episode, we welcome you into the world of Monero, a cryptocurrency renowned for its privacy features. We start by discussing the basics of Monero, its role as a privacy token, and how it compares to Bitcoin. Co-host, Seth for Privacy, joins us as a new member of the Ungovernable Misfits crew, sharing his insights and experiences with Monero. The episode covers the history of Monero, its development, and the significant changes it has undergone to enhance privacy. 2024Conferences Monerotopia On/Off-ramps Growing atomic swap usage via UnstoppableSwap and BasicSwap https://unstoppableswap.net/ https://basicswapdex.com/ Launch of Haveno Reto https://retoswap.com/ Delistings https://x.com/schmidt1024/status/1867184034368926037 https://x.com/schmidt1024/status/1854951714152931385 Gate_IO perps Technical improvementsFCMP++ protocol development being finished https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/448#note_27450 Rapid funding of technical CCS requests Explain how the CCS works, funding in Monero, etc. Quickly funded! https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/518 Work on new addressing schemes that give drastically improved scanning key support JAMTIS and CARROT CARROT is the prevailing next step Attacks LinkingLion attacker running fake nodes to MitM real nodes https://thehackerblog.com/the-orphaned-internet-taking-over-120k-domains-via-a-dns-vulnerability-in-aws-google-cloud-rackspace-and-digital-ocean/ https://x.com/monerobull/status/1832807857332330843 https://b10c.me/observations/06-linkinglion/ Ban list now available, deployed on all Cake nodes and my node, instructions in show notes Cake Wallet DDoS https://x.com/sethforprivacy/status/1856311150796804538 Adoption Growing Monero usage for CoinCards, ShopInBit, MyNymBox Monerica popularity Barnjerky for monero UM clothing for monero CakePay growing, 4x since the beginning of the year Ecosystem growth Hardware wallet support for Monero on iOS in the latest Cake Wallet update Launch of XMRChat https://x.com/xmr_chat/status/1819935254922072144 Launch of XMRBazaar Launch of Cupcake open beta Passport Prime announceme
