The Monero Moon

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The Monero Moon (Issue 41)

www.themoneromoon.com

The Monero Moon (Issue 41)

The Monero Moon is a curated weekly newsletter covering all the latest news within Monero (XMR).

John Foss
May 5, 2022
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The Monero Moon (Issue 41)

www.themoneromoon.com

Development, Releases, and Technology

Monero CLI and GUI 0.17.3.2 'Oxygen Orion' have been released. Be sure to download the new software to benefit from all the latest features, bug fixes, and security enhancements. Among many other updates, this release warns users of potentially high tx fees, includes Ledger Nano S Plus support, and integrates experimental support for P2Pool mining. Download and learn more about the new software here on the official Monero website.

https://www.getmonero.org/downloads/

Monero’s tail emission is in approximately 30 days, and the official Monero Twitter handle put out a tweet thread outlining why Monero has a tail emission, how it works, and what it means for users. Check it out below.

Twitter avatar for @monero
Monero (XMR) @monero
1/ The #TailEmission is coming in ~30d (block 2,641,623), so let's take a few minutes and walk through why the #Monero community chose a tail emission, how it works, and what it means for Monero user's and the project long-term. Buckle up, this is going to be a long one!
1:16 PM ∙ May 4, 2022
334Likes75Retweets
Twitter avatar for @peterktodd
Peter Todd @peterktodd
Monero made the right move here.
Twitter avatar for @DontTraceMeBruh
ᴜɴᴛʀᴀᴄᴇᴀʙʟᴇ @DontTraceMeBruh
Loading #Monero Tail Emission ▓▓▓▓▓▓▓▓▓▓▓▓░░░░ ⌛️ 𝟯𝟴 days to go 𝟐𝟕𝟓𝟖𝟗 blocks left https://t.co/sWpaVKcWQ4
7:44 PM ∙ May 1, 2022
199Likes34Retweets

P2Pool v2.0 has been released with support for the upcoming Monero network upgrade. New features include added FreeBSD build, ban peers with stuck or lagging monerod, and various small bugfixes.

https://github.com/SChernykh/p2pool/releases/tag/v2.0

hinto-janaiyo released monero-bash v1.5. Check out the newest release here!

monero-bash.png
https://github.com/hinto-janaiyo/monero-bash

noot provided an update to their development on ETH-XMR atomic swaps project. Read all about it here.

https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/277#note_16140

XMRSwap.me shared a video performing an atomic swap on a mobile device.

Twitter avatar for @xmrswap
XMR SWAP ME @xmrswap
Did someone say Mobile Atomic Swaps? Swapfe v0.1.0 can do that. Since it's a web-server it is technically possible to preform a swap from anywhere. Check out the little stupid video we made - the encode made it whacky at parts so sorry for that. $BTC $XMR #AtomicSwap
1:18 AM ∙ May 5, 2022
7Likes2Retweets

ACK-J provided an April 2022 update on their work regarding a Security Audit of Ring Signature Resiliency Against Machine/Deep Learning Attacks. Check it out here!

https://github.com/MAGICGrants/Monero-Fund/issues/15

Seth For Privacy recently made public queries regarding the licensing of Zcash’s code, and reassured those concerned that Monero developers are not trying to migrate Monero to Zcash technologies. Seth claims his queries were aimed at remaining open-minded and trying to keep all doors open in order for Monero to harness the best tech possible in the future. Seth has made a proposal on the Monero project Github with the goal of building “a go-to place for links, information, and opportunities for building trustless zk-SNARKs as a potential future protocol building-block for Monero.”

https://github.com/monero-project/research-lab/issues/100

Someone recently paid 19 XMR for a transaction when using a remote node with the Monero GUI wallet. When using simple mode in the Monero GUI wallet, it selects a random remote node and it's possible that malicious remote nodes can increase transaction fees. There has been a recent update to the Monero GUI wallet to warn users of high tx fees, but still always double check fee amounts when you are using any Monero wallet.

https://github.com/monero-project/monero/issues/8298

Given the possibility of overpaying transaction fees when using a remote node, this is one of many reasons to run your own Monero node. If you want to learn more about what a running a Monero node means, why you should do it, and how to do it, then check out this post from Seth for Privacy, or this new video from the Monero Guides series.

Additionally, check out this video from Luigi Tech to learn how to setup a node via Tor with docker-compose.

r/Monero - Finally! Full local node.
What every Monero user likes to see, a synchronized full node! :-) https://www.reddit.com/r/Monero/comments/uewy19/finally_full_local_node/

Got an old laptop lying around the house? Set them up and run a full node like Gingeropolous has!

Twitter avatar for @gingeropolous1
gingeropolous @gingeropolous1
35 days to sync #monero on a stock aspireone netbook from 2010 with an amd c-50 processor, ~2 gb ram, and a 5400 rpm HDD. web.archive.org/web/2014120115… try doing that with #ethereum. the revolution will not be centralized.
web.archive.orgAcer Support: Acer Aspier One AO522 Series Netbook Specifications
2:27 PM ∙ May 4, 2022
1Like1Retweet

HefMcHefHef showed off their new 24x Mac Mini mining rack. According to HefMcHefHef, “Pretty simple build: 24x M1 CPUs in the cheapest form possible. Below 500W power draw including the switch. Around 57-60 kh/s”.

r/MoneroMining - My 24x Mac Mini rack is finished.
https://www.reddit.com/r/MoneroMining/comments/ues8o8/my_24x_mac_mini_rack_is_finished/

_xd22 has provided an update for Monero miners using the Telegram app. Check out this post for more information.

https://www.reddit.com/r/Monero/comments/ufbgf7/update_miners_i_made_you_bot_you_cant_say_no_to/

You can now mine Monero at the autoexchange mining pool Zergpool.com for a 0.5% fee. More information can be found here.

NOWNodes, a blockchain-as-a-service solution now supports Monero. Check them out here if it’s something your business or service needs and you’re unable to run your own node.

Monero’s network upgrade taking place in July will include a feature called View Tags, which will reduce wallet-sync times by up to 40%. Cake wallet released an infographic showing how view tags will benefit mobile users. In spite of this, if your wallet points to a remote node, there is a chance view tags do not reduce scanning time. j-berman recently provided a great summary what to expect (and not to expect) from view tags. Check it out here.

https://i.redd.it/v120rd8qy3x81.png
https://www.reddit.com/r/Monero/comments/ugx4m5/how_much_will_phones_benefit_from_view_tags_cake/

Finally, Monero Talk have begun releasing their recordings from the Monerotopia Conference last month onto their YouTube channel. Watch a recording featuring Francisco Cabañas aka “ArticMine” on Scaling Monero.

dsmlegend is seeking feedback from the Monero community regarding the technical content of Monero focused commerce videos they are creating. If you can help then reach out here.

The Monero Observer put out a new Dev Report to provide a big picture view of Monero development activity throughout the past week. If you’re interested in the nitty gritty, check it out here.

https://www.monero.observer/monero-dev-activity-report-week-17-2022/

General News

Haveno Dex announced they will not be adding Zcash support (in the form of an XMR-ZEC trading pair) at launch. Haveno’s initial announcement that they were supporting Zcash at launch sparked backlash from some Monero community members. You can read Haveno’s full statement here on their website.

https://haveno.exchange/2022/04/29/haveno-zcash.html

Coin Bureau, a cryptocurrency YouTube channel with over 2 million subscribers, published a great video all about Monero and it’s potential in 2022. Be sure to give it a watch and share it with your friends as it is very comprehensive and beginner friendly.

The Monero Talk team have steadily been releasing videos from their Monerotopia Conference last month. You can find them here. The Monero Talk team also released a new video where Doug chats with Edward RA, a NY State Assemblyman about proof of work mining. Watch it here.

Revuo Monero Issue 118, was published. Revuo Monero is a weekly Monero newsletter. Check it out here.

The Monero Observer published their monthly recap of Monero news titled “Monero Observer Blitz #9 - April 2022”. Check it out here.

https://www.monero.observer/monero-observer-blitz-april-2022/

Bitcoiners reported they have been receiving warnings from cryptocurrency exchanges after withdrawing and sending BTC to addresses involved with coinjoins. One must wonder why an exchange would still be running chain analysis on users’ funds after they have made a withdrawal.

Twitter avatar for @fr33dom45
Freedom45 @fr33dom45
Noticed a disturbing trend of exchanges flagging bitcoin transactions sending warnings to users that coinjoin withdrawals - multiple incidents including by @BlockFi and @FTX_Official
9:15 PM ∙ May 1, 2022
220Likes38Retweets

The European Central Bank put out a report titled “Eurosystem report on the public consultation on a digital euro”. The report found that the majority of survey respondents valued privacy in a digital euro more than any other feature.

“What the respondents want most from a digital euro is privacy (43%), security (18%), usability across the euro area (11%), the absence of additional costs (9%) and offline use (8%).”

https://www.ecb.europa.eu/pub/pdf/other/Eurosystem_report_on_the_public_consultation_on_a_digital_euro~539fa8cd8d.en.pdf

In case you missed it, legendary investor Ray Dalio recognises the short-comings of Bitcoin, and recognizes the value and need to transact with zero traceability.

If you are game, have a read of an analysis of a recent debate between Monero advocate Rafael LaVerde and Bitcoin advocate Tone Vays. Check it out here.

Finally, if there’s a question you have about Monero, check out r/Monero’s weekly MAAM – Monero Ask Anything Monday. Ask anything you'd like to know about Monero, especially the dumb questions that you've been too scared to ask.


Events

There is a Monero Meetup in Cape Town, South Africa, 6:00pm tonight (5/5/2022) at the Dark Horse. More information can be found here.

May Monero Meetup (MMM)
https://www.meetup.com/cape-town-privacy-meetup-group/events/285516314/?_xtd=gqFyqTIxNzM0ODMxNaFwo2FwaQ&from=ref

The next Monero Dev meeting is scheduled to take place on Saturday May 7th 2022 at 17:00 UTC in the #monero-dev IRC channel.

The next MoneroKon 2022 Planning Meeting is scheduled to take place on Saturday, May 7th 2022 at 18:00 UTC in the #monero-events IRC channel.

The Monerokon Conference is being helding on the 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. Tickets to MoneroKon are now available here on the MoneroKon website.

r/Monero - Monero Lisbon 2022: Call For Proposals
https://monerokon.com/


Exchanges and Merchants

Haveno is seeking feedback from the Monero community regarding which assets users would like to see listed on their exchange. Click the tweet below and follow the links to provide your feedback.

Twitter avatar for @HavenoDEX
Haveno @HavenoDEX
What assets would you like to see supported on #Haveno? Suggest your favourite #crypto or #fiat assets to be paired with #Monero on Haveno (XMR/?) Follow the template and make sure to complete all fields!
github.comGitHub - haveno-dex/listing: A place for the community to suggest and discuss crypto and fiat listingA place for the community to suggest and discuss crypto and fiat listing - GitHub - haveno-dex/listing: A place for the community to suggest and discuss crypto and fiat listing
8:13 AM ∙ May 2, 2022
84Likes15Retweets

Coincards announced that Monero was one of the most used cryptocurrencies on Coincards in April 2022, and by far the most used within the USA .

Twitter avatar for @CoinCards
Coincards.com - Buy Gift Cards with Bitcoin! @CoinCards
USA: #XMR: 63.01% #BTC (Onchain): 19.66% #Ethereum: 5.37% #USDC: 4.99% #LTC: 3.34% #Dash: 1.72% #LightningNetwork: 1.2% #Dogecoin: 0.7% #DAI: 0%
5:57 PM ∙ May 3, 2022
129Likes34Retweets

Mullvad VPN are now accepting payments in XMR! Please note that when paying in Monero refunds are not supported, do not reuse a one-time payment address, and that processing the payment may take up to 30 minutes.

https://mullvad.net/en/blog/2022/5/3/we-now-accept-monero/

PhotoPrism, an AI-powered photos app for the decentralized web, now accepts Monero donations. You can check out their website here.

Shopinbit is offering 3% off prices plus free shipping within the EU if you buy a phone with a privacy focused Lineage OS and pay with Monero. Check out their offers here.

After a misunderstaning, the Monero.com app is back and available for download in the Google Play store!

https://play.google.com/store/apps/details?id=com.monero.app

If you want a Monero light, hit up matt_woodiwiss890 and he can make you one!

r/Monero - Hi all still making my lights if anyone is Interested pm me
https://www.reddit.com/r/Monero/comments/uiadxx/hi_all_still_making_my_lights_if_anyone_is/

Community Crowdfunding

A new Monero crowdfunding platform has been launched called XMRStarter. XMRStarter aims to help users create funding campaigns for their projects similar to the official Monero CCS. Check it out here.

https://xmrstarter.com/

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.

CCS proposals currently open:

https://ccs.getmonero.org/ideas/

CCS Projects requiring funding or have been recently funded:

https://ccs.getmonero.org/funding-required/

Thank you to all those who donated to the Monero Moon CCS!


Trading & Speculation

Lion247 claims that “XMR/USD price bounced from former resistance zone so we may expect a bullish run from here to the next resistance”.

https://www.tradingview.com/chart/XMRUSD/lkrUdYwh-Bullish/

Monero could be printing an inverse head and shoulders on the XMR/USD pair.


Performance

Total Monero in Circulation — 18,116,778 XMR

Monero Total Marketcap — $4,127,990,922

Coinmarketcap Ranking — #35

XMR/USD Price — $228 USD

XMR/USD 4hr chart on Kraken

XMR/BTC Price — 0.00577 BTC

XMR/BTC 4hr chart on Kraken

LocalMonero.co Street Price — $253 USD

Average Transaction Fee — 0.000079 XMR ($0.018)

Hashrate — 2.864 Ghash/s

https://bitinfocharts.com/comparison/monero-hashrate.html

Monero Mining Pools Hashrate Distribution —

https://minexmr.com/pools.html

Entertainment

rbrunner7 has published another piece of Monero fan-fiction. You can read all his works here.

https://www.reddit.com/r/Monero/comments/ugseuh/numerator_a_monero_fiction_short_story/
https://i.redd.it/djqd4f6w0ix81.jpg
https://www.reddit.com/r/Monero/comments/uicl5j/monero_license_plate/
Image
https://twitter.com/DontTraceMeBruh/status/1518171946571210753/photo/1
r/monerochan - Monero-chan upset after another boating accident :(
https://www.reddit.com/r/monerochan/comments/r6j97r/monerochan_upset_after_another_boating_accident/
https://i.redd.it/rsfy58myrc601.jpg
https://www.reddit.com/user/RoyalMayonnaise/posts/?sort=top
r/monerochan - The world needs more chomnky brown Monerochan artwork. (Unfortunately this was too late for r/place)
https://www.reddit.com/r/monerochan/comments/twou2g/the_world_needs_more_chomnky_brown_monerochan/

Donate

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.

88u3PpQH3zNDTWnrYgLVyiYihLL7aFT2GLRXCACezG3Q2jcoiEzW7UqZWV5Uov9iBc6DqdbjVuLxfgptdPGbm3wJTGvq8mT

Scan the QR Code to donate XMR to The Monero Moon

Support Monero

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.

Past Issues

Issue 40 / Issue 39 / Issue 38 / Issue 37 / Issue 36 / Issue 35 / Issue 34 / Issue 33 / Issue 32 / Issue 31 / Issue 30 / Issue 29 / Issue 28 / Issue 27 / Issue 26 / Issue 25 / Issue 24 / Issue 23 / Issue 22 / Issue 21 / Issue 20 / Issue 19 / Issue 18 / Issue 17 / Issue 16 / Issue 15 / Issue 14 / Issue 13 / Issue 12 / Issue 11 / Issue 10 / Issue 9 / Issue 8 / Issue 7 / Issue 6 / Issue 5 / Issue 4 / Issue 3 / Issue 2 / Issue 1

Socials

If you have any suggestions, corrections, or feedback, please contact me on Twitter @johnfoss69 or on Reddit u/johnfoss68.

Thanks for reading The Monero Moon! Subscribe for free to receive new posts and support my work.


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.

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The Monero Moon (Issue 41)

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