The Monero Moon (Issue 35)
The Monero Moon is a curated weekly newsletter regarding all things Monero.
Development, Releases, and Technology
The next release of the Monero GUI wallet (which you can also use to mine) will have native P2Pool support! You can find more information here.
Monero Ecosystem announced
version 1.0 of
monero-python, which is a comprehensive Python library for handling Monero. After receiving zero bug reports over a period of three months, they have decided to release it as v1.0.
mjxmr has published the benchmark results for his Time Series Quick Simulator (TSQSIM) tool. The TSQSIM is a simulator written for Monero Research Lab in order to predict the number of near future transactions. It appears the results are showing almost two orders of magnitude speedup. You can find more information regarding TSQSIM here and here.
The Monero Observer highlighted the work of Monero developer Rucknium, who shared visualizations of Monero ring member age distribution from 2014 to 2022. Check out this post for a detailed explanation of Rucknium’s work.
hinto-janaiyo released v2.0.0 of monero-toolchain, a bash script that downloads Monero-related software.
MyMonero are currently looking for tech-savvy Monero users willing to take part in their MyMonero (iOS) app beta test. If you want to participate reach out to @tekkzbadger on Reddit. MyMonero also have an android wallet you can check out!
Long time Monero contributor Fluffy Pony hinted that he’s working on enabling XMR for use within DeFi ecosystems.
The Monero Observer have shared their Monero Dev Activity Report - Week 11 2022. Be sure to check it out for a breakdown of all the recent Monero development activity.
Wondering how much information is publicly shared when making a Bitcoin or Monero transaction? schlyza shared an infographic comparing the transaction data between Bitcoin and Monero. Monero’s obfuscation of transaction data makes it the strongest cryptocurrency when it comes to privacy.
Seth for Privacy published Monero’s Ring Signatures vs CoinJoin Like in Wasabi over on LocalMonero.co. In the blog post, Seth provides a “comparison of CoinJoin and ring signatures, as well as why the approach taken in Monero leads to greater censorship-resistance, greater privacy, and less hassle for users”.
John Foss shared a Twitter thread titled Financial Privacy Is Not a Crime: Bitcoin, Zcash, and Monero. The piece discusses the importance of financial privacy within society as the world appears to become more unstable and moves towards CBDCs.
Justin Ehrenhofer published Without Privacy, We Are Creating Systems to Discriminate. The article discusses how the United States has a long history of segregation and how financial access has been a large part of that, leading the reader to think about how a private cryptocurrency such as Monero could help prevent this occurring again in the future.
Also related to the above issues is the Electronic Frontier Foundation’s article titled Here’s How ICE Illegally Obtained Bulk Financial Records from Western Union. The article discusses how U.S. Immigration and Customs Enforcement used administrative subpoenas to acquire millions of financial records from Western Union and Maxitransfers Corporation, and how the sharing of “financial and other personally identifying records of domestic violence survivors, asylum seekers, and human rights activists could expose them to danger, particularly given that TRAC allows hundreds of law enforcement agencies unfettered access to these records”.
According to Bitcoin Magazine, “customer relationship management service HubSpot last week suffered a security breach that leaked the personal information of thousands of Bitcoin users after a bad actor obtained access to an employee account and exported data from up to 30 HubSpot portals”. This is an issue because personal information is valuable to hackers who want to carry out follow-up attacks on those found to hold significant amounts of cryptocurrency. “Hackers often leverage or buy stolen information to attempt to swift bitcoin funds in a slew of different techniques that range from simple phishing attacks to more complex scams”.
Monero Talk put out a new video in which Douglas Tuman interviews Bryan B. Solstin, US senatorial candidate, whose goal is to make Bitcoin a legal tender. Bryan explains why trust in central banks has always led to a breach of that trust and a debasement of the currency. Check out the video here or below.
Lovera shared a YouTube video for all the Spanish speakers called NOTICIAS sobre #MONERO 14/03/2022 al 21/03/2022. Check it out below.
Luke Smith published The Future of Monero (Luke Smith and Kevin Wad) on YouTube. The video is a long watch, and they talk about about Monero, Bitcoin, their use in the future and more.
robot4000 shared an infographic comparing Monero with gold, Bitcoin, and fiat currency.
LocalMonero.co published The Monero Standard #5, a weekly newsletter round up of what’s been happening in and around Monero.
There is a Monero Space meeting scheduled for Saturday, the 26th of March at 17:00 UTC in the #monero-space IRC channel. The meeting will discuss current and upcoming projects within the Monero community.
The Monerotopia event is taking place in Miami on April 7th, and they have an amazing lineup of speakers and even Crytp0 Bear is putting on a concert. For those unable to attend in person, Doug from Monero Talk also announced they have teamed up with The Crypto Vigilante group to offer virtual tickets, allowing you to access a live stream of the conference. Head over to the Monerotopia website and grab a ticket to one of the hottest Monero conferences around!
Guns N’ Bitcoin’s Freedom Tech Trade Show and Conference is taking place in Miami from the 9th-10th of April. This year they’re adding the topic of Monero, and the conference will feature talks from members of the Monero community. More information can be found here.
The next MoneroKon 2022 Planning Meeting is scheduled to take place on Sunday, March 27th 2022 at 18:00 UTC in the #monero-events IRC channel. Additionally, check out the MoneroKon 2022 website for more information on the upcoming Monerokon conference to be held 18-19th of June at Arroz Studios in Lisbon, Portugal. Monerokon are also accepting presentation and workshop proposals if you want to get involved. MoneroKon is going to be a celebration of all things Monero, privacy, and financial technology, and is aiming to be THE annual meeting of privacy advocates, cypherpunks, scientists, and philosophers.
Exchanges and Merchants
Wondering where to spend some XMR? The official Monero website GetMonero.org provide links to Cryptwerk.com and AcceptedHere.io which are directories of merchants that accept XMR.
Packet Point now accepts Monero for virtual server hosting in Canada.
mjxmr’s proposal for part time coding Q2 2022 is open for funding and has almost met its funding goal. Contribute here.
The Monero Observer’s Spring 2022 CCS proposal has been approved and is now accepting contributions. Support their work here.
Several crowdfunding proposals are awaiting community feedback before they can start accepting funds through the Community Crowdfunding System (CCS). For now they are just proposals, but if they receive some positive feedback from the community they will be moved to a “Funding Required” stage so that they can accept Monero donations through the CCS.
The Monero Moon have put forward another CCS proposal for funding the next 18 issues. If you enjoy reading the Monero Moon please show us some support and comment whether you support our proposal. Our previous CCS proposal from last year can be found here. Further information can be found here.
Haveno has put forward a proposal to fund their front-end development. You can read more about it and their CCS proposal here.
CryptoGrampy proposed a bounty for an Android GUI Monero node. You can read more about it here.
Winston has put forward a CCS proposal seeking funding to create a FOSS Android app called Whatnero that will encompass all of the available information regarding Monero in a user-friendly manner so that newcomers or experts can easily access all of the information to learn about Monero. Check out the proposal here.
Donald A. Iljazi has made a proposal to translate Monero applications, websites, and content into Greek. Check out the proposal here.
Trading & Speculation
Aromatic-Poet6166 took to Reddit to share a screenshot showing 9 million XMR in Kucoin’s XMR Funding Market. Does this mean that Kucoin hold 50% of the total XMR supply? Unlikely. It is more likely Kucoin are carrying out some sort of fractional reserve antics (similar to what Binance has been accused of) to turn a profit. Monero community discussion regarding this can be found here.
The Monero Talk team shared a Monerotopia video which includes an XMR price analysis, feature guests, and a whole lot of other Monero related news content. Price analysis which starts at 9:38!
Mr Legend Crypto published 6 Monero (XMR) 2022 Price Predictions And Chart Analysis Altseason 2022.
Total Monero in Circulation — 18,097,223 XMR
Monero Total Marketcap — $3,577,091,088
XMR/USD Price — $197 USD
XMR/BTC Price — 0.00458 BTC
LocalMonero.co Street Price — $220 USD ← (people paying a premium for non-kyc?!)
Average Transaction Fee — 0.00011 XMR ($0.02)
Hashrate — 2.969 Ghash/s
Monero Mining Pools Hashrate Distribution —
This week’s entertainment comes in a special edition in honor of Monero OG and evangelist American Pegasus. Even more memes can be found here. Enjoy.
If you like the newsletter and want more of this content, then shout me a round of beers by donating some spare Monero you didn’t lose during your boating accident.
Want to help contribute to the Monero Project? Developers, marketers, event coordinators, translators, Instagram personalities, meme creators, public speakers — whatever your skills may be, it is extremely likely there is something you can do to assist. I urge you to reach out to the Monero community on Reddit, IRC, GitHub, Twitter, or Telegram. The official Monero website is GetMonero.org.
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DISCLAIMER: This publication contains opinion for informational purposes only and does not constitute investment advice. Information may contain errors and omissions. Use solely at your own risk. The author of this publication and/or the authors of articles linked to from this site may have financial investments that may bias their opinions, including ownership of Monero currency. Always do your own research, form your own opinions, and never take risks with money or trust third parties with out verifying their credibility.