Monero and Dash are decentralized cryptocurrencies. Why Monero is better then Dash?
Lol. I honestly don't think there a couple, if any, meaningful characteristics where Dash is better than Monero. And even if there is couple of them, Monero is still better where it really matters for crypto project.
Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 74. (Read 4670972 times)
September 30, 2019, 07:23:44 AM
September 29, 2019, 02:15:50 PM
Talking about "Korea banning anon crypto". I won't name exchange, so it won't look like adv, but there is s. Korea exchange (with coingecko reported 24 h volume of more than $10 M, and that after taking possible fake volume into account, and more $100 M 24 h raw volume) that list anon (cryptonote) coins like crazy in last weeks. Sometimes it is literally one new anon coin a day.
So news about Korea banning anon coins might be a little exaggerated.
So news about Korea banning anon coins might be a little exaggerated.
There is no Korea ban, see my comment below (especially bolded part). Additionally, Bithumb (a Korean exchange) as well as Huobi Korea still have Monero listed.
Quote
Pasting my reddit comment:
The FATF guidance does not even prevent privacy coins from being listed on an exchange, as long as the exchange enforces KYC/AML for the users. I ascribe the recent events to an overzealous and erroneous interpretation of the guidance by the compliance department of the exchange in question. It further should be noted that, for instance, Binance and Kraken still cater to Korean users. Additionally, see a relevant comment of mine below:
My response to the following article: OKEx Korea delisting all privacy coins, including Monero, Zcash and Dash, as these ‘violate’ FATF’s 'travel rule' - The Block
I don't think this is the case actually. As long as they enforce KYC/AML for each account, they should be able to tie deposits and withdrawals to a certain person. In addition, they can send this information to another service (which is essentially what the travel rule is about) in case a direct withdrawal (i.e. a withdrawal to another service) is made.
People should also bear in mind that FATF merely makes recommendations:
The U.S. based exchanges will most likely follow FinCEN's guidance
Which was positive for privacy coins:
The full twitter thread on FATF's guidance can be read here:
https://twitter.com/jchervinsky/status/1142578858589347840
EDIT: To add a few more things:
[1] Monero is private by default and optionally transparent. There are plenty of tools available in Monero that allow one to be compliant with an auditor.
https://monero.stackexchange.com/questions/tagged/auditing
[2] Tari Labs is working on an open source framework for listing Monero.
https://twitter.com/fluffypony/status/1172832896727638017
[3] CoinCenter confirmed in the MoneroKon regulatory panel that almost all exchanges are already mostly compliant with the FATF guidance (because they enforce KYC/AML for each user).
[4] Monero is listed on a lot of U.S. based regulated exchages, services, and OTC desks. I made an overview here:
https://np.reddit.com/r/xmrtrader/comments/c1zkfu/daily_discussion_tuesday_june_18th/ergqhzs/
[5] This only concerns *Korean* users of OKEx.
This subject was also extensively discussed in yesterday's Monero Coffee Chat. I highly recommend watching it:
https://www.youtube.com/watch?v=1y0YeTLbYE
The FATF guidance does not even prevent privacy coins from being listed on an exchange, as long as the exchange enforces KYC/AML for the users. I ascribe the recent events to an overzealous and erroneous interpretation of the guidance by the compliance department of the exchange in question. It further should be noted that, for instance, Binance and Kraken still cater to Korean users. Additionally, see a relevant comment of mine below:
My response to the following article: OKEx Korea delisting all privacy coins, including Monero, Zcash and Dash, as these ‘violate’ FATF’s 'travel rule' - The Block
Quote
as these ‘violate’ FATF’s 'travel rule'
I don't think this is the case actually. As long as they enforce KYC/AML for each account, they should be able to tie deposits and withdrawals to a certain person. In addition, they can send this information to another service (which is essentially what the travel rule is about) in case a direct withdrawal (i.e. a withdrawal to another service) is made.
People should also bear in mind that FATF merely makes recommendations:
Quote
Importantly, FATF doesn't have *any* regulatory authority of its own. FATF makes recommendations, not laws.
Member countries can adopt all, some, or none of FATF's recommendations. There are basically no repercussions for not adopting (or for violating) FATF recommendations.
Member countries can adopt all, some, or none of FATF's recommendations. There are basically no repercussions for not adopting (or for violating) FATF recommendations.
The U.S. based exchanges will most likely follow FinCEN's guidance
Quote
As you might expect, the United States doesn't really like having its regulatory policy dictated to it by other countries.
FinCEN (the US regulator in charge of AML/CFT regulation) certainly does consider FATF's recommendations, but rarely adopts them wholesale.
FinCEN (the US regulator in charge of AML/CFT regulation) certainly does consider FATF's recommendations, but rarely adopts them wholesale.
Which was positive for privacy coins:
Quote
People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:
Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.
https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations
Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.
https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations
The full twitter thread on FATF's guidance can be read here:
https://twitter.com/jchervinsky/status/1142578858589347840
EDIT: To add a few more things:
[1] Monero is private by default and optionally transparent. There are plenty of tools available in Monero that allow one to be compliant with an auditor.
https://monero.stackexchange.com/questions/tagged/auditing
[2] Tari Labs is working on an open source framework for listing Monero.
https://twitter.com/fluffypony/status/1172832896727638017
[3] CoinCenter confirmed in the MoneroKon regulatory panel that almost all exchanges are already mostly compliant with the FATF guidance (because they enforce KYC/AML for each user).
[4] Monero is listed on a lot of U.S. based regulated exchages, services, and OTC desks. I made an overview here:
https://np.reddit.com/r/xmrtrader/comments/c1zkfu/daily_discussion_tuesday_june_18th/ergqhzs/
[5] This only concerns *Korean* users of OKEx.
This subject was also extensively discussed in yesterday's Monero Coffee Chat. I highly recommend watching it:
https://www.youtube.com/watch?v=1y0YeTLbYE
September 29, 2019, 11:40:39 AM
Monero and Dash are decentralized cryptocurrencies. Why Monero is better then Dash?
Lol. I honestly don't think there a couple, if any, meaningful characteristics where Dash is better than Monero. And even if there is couple of them, Monero is still better where it really matters for crypto project. September 29, 2019, 11:25:16 AM
Monero and Dash are decentralized cryptocurrencies. Why Monero is better then Dash?
September 29, 2019, 10:23:26 AM
Talking about "Korea banning anon crypto". I won't name exchange, so it won't look like adv, but there is s. Korea exchange (with coingecko reported 24 h volume of more than $10 M, and that after taking possible fake volume into account, and more $100 M 24 h raw volume) that list anon (cryptonote) coins like crazy in last weeks. Sometimes it is literally one new anon coin a day.
So news about Korea banning anon coins might be a little exaggerated.
So news about Korea banning anon coins might be a little exaggerated.
September 29, 2019, 07:37:31 AM
If you want see Monero on BattleHashes game, vote for it https://battlehashes.com/votes
Looked at this vote. At the moment, you can make Monero the winner for 10 Dogecoins.Zcoin now has 37% and only 6 dogeokin have voted. I understand that the competition will last a long time. But for now, you can win for just a penny.
September 29, 2019, 06:16:25 AM
If you want see Monero on BattleHashes game, vote for it https://battlehashes.com/votes
September 29, 2019, 01:12:15 AM
And I like my favorite T-shirt "Don't Buy Monero, It's Bad For Banks". 
I hope the upcoming planned hardfork will be successful. I keep a few coins in a paper wallet and glad that no extra effort will be required.
All the other upgrades have been successful so there is no reason this one won't be as well.
ps Sorry, I’m embarrassed to upload personal photos to reduce the risk of de-anonymization. I ordered the print myself, inspired by this. But of course you can not believe me, it is your right.
September 28, 2019, 11:21:53 PM
And I like my favorite T-shirt "Don't Buy Monero, It's Bad For Banks".
I hope the upcoming planned hardfork will be successful. I keep a few coins in a paper wallet and glad that no extra effort will be required.
All the other upgrades have been successful so there is no reason this one won't be as well.
September 28, 2019, 11:06:04 PM
Paper wallet:
You don't have to do anything. However, if you want to restore a wallet after the scheduled network upgrade, you need to use the new v0.15 software.
And I like my favorite T-shirt "Don't Buy Monero, It's Bad For Banks".
September 28, 2019, 03:31:33 PM
Thanks..... ctrl-C and ctrl-V it's the solution.
Thanks another time dEBRUYNE
Thanks another time dEBRUYNE
You're welcome.
September 28, 2019, 01:43:38 PM
Hi, why into monero wallet there's not the functionality for copy with right click of the mouse or drags the password for open the wallet???
The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....
Or there's another solution for insert the password when open the wallet ?
The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....
Or there's another solution for insert the password when open the wallet ?
Have you tried using CTRL + C (copy) and CTRL + V (paste)?
or maybe Command-C, Command-V in case he is on my boat
there are always countless solutions to each problem but most just need to be found
September 28, 2019, 12:17:07 PM
Thanks..... ctrl-C and ctrl-V it's the solution.
Thanks another time dEBRUYNE
Thanks another time dEBRUYNE
September 28, 2019, 12:09:38 PM
I appreciate! Good fellows! Own and unique representation of blockchain...
September 28, 2019, 12:00:42 PM
Hi, why into monero wallet there's not the functionality for copy with right click of the mouse or drags the password for open the wallet???
The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....
Or there's another solution for insert the password when open the wallet ?
The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....
Or there's another solution for insert the password when open the wallet ?
Have you tried using CTRL + C (copy) and CTRL + V (paste)?
September 28, 2019, 11:29:21 AM
Hi, why into monero wallet there's not the functionality for copy with right click of the mouse or drags the password for open the wallet???
The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....
Or there's another solution for insert the password when open the wallet ?
The password must be strong and every time i need write with the keyboard........ it's not good.... it's complicated.... or much people use simple password not secure.....
Or there's another solution for insert the password when open the wallet ?
September 28, 2019, 11:19:31 AM
If there is free money, I would buy a Monero now, because compared to 2017, the price is very cheap and can jump at any moment.
September 28, 2019, 08:14:36 AM
... There are also many projects with very low valuations!
None that hold the potential that this project has.
September 28, 2019, 06:52:15 AM
... There are also many projects with very low valuations!
None that hold the potential that this project has.
September 27, 2019, 09:20:05 PM
... There are also many projects with very low valuations!
None that hold the potential that this project has.
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