The Monero Moon (Issue 58)
The Monero Moon (Issue 58)
The Monero Moon is a curated newsletter covering all the latest news within Monero (XMR). We are happy to be back and will publish intermittently for the foreseeable future!
Table of Contents:
Development, Releases, and Technology
General News
Events
Exchanges and Merchants
Community Crowdfunding
Trading and Speculation
Performance
Entertainment
Development, Releases, and Technology
UkoeHB, the inventor of Seraphis, published a design overview with updated information about Seraphis and Jamtis. Seraphis is a next-generation transaction protocol that builds off the many things that have been learned about protocol design since CryptoNote was first made public in 2013.
While Seraphis and Jamtis are great developments for the future of Monero, there are still some issues being worked on that have been put forward for community feedback. This includes the implications of Jamtis’ longer Monero addresses, and the effect this will have on things such as hardware wallet compatibility. Read more about it here or here.
The open beta of BasicSwap DEX is now live. You can now use the privacy-first and cross-chain DEX to trade Monero and other cryptocurrencies on an entirely distributed protocol, without third-party involvement of any kind. More information and tutorials can be found on their website here.
The Farcaster Project has released version 0.7.0 of the Farcaster cross-chain atomic swap node. Check out their GitHub for more information.
hinto-janaiyo has released beta version 0.9.0 of Gupax, a cross-platform GUI that helps with configuring, updating, and managing P2Pool and XMRig. Gupax is a completely separate GUI that can act as a companion alongside Monero GUI. One window with monerod and wallet, and another for P2Pool mining. It can act stand-alone as well, connecting to a remote node so no Monero node is needed. Check out this post along with the GitHub page here.
MyNero: Android Monero Wallet 0.4.1.1 is now available! Be sure to test out I2P support using the official MyNero I2P node! Check out the MyNero website or this post for more information and download links.
LocalMonero/AgoraDesk has released v1.0.40 for their mobile apps. Release notes and downlinks can be found here.
Cake Wallet and Monero.com have released app updates that include a variety of new features such as PIN timeout and marking nodes as trusted. Check out the tweet below for more information.
SChernykh recently released P2Pool v2.6. Version 2.6 provides a range of different updates such as a new compact share broadcast format, stricter checking of sidechain shares, and other bug fixes. Check out this post to upgrade or learn more.
PSA: It is highly recommended you run a node to help secure the Monero network. You can also solo mine via the official Monero GUI wallet which can be found here or partake in the decentralized and permission-less P2Pool. The official Monero website getmonero.org or sethforprivacy.com are fantastic places to find help to get started running a node or mining.
In the past 24 hours, there have been 10k+ Monero nodes observed on the network worldwide!
General News
The Monero Standard, a new book soon to be released is available on pre-sale. According to the website, “The Monero Standard is about how we can use money to fundamentally revolutionize societies incentive structures, the challenges we face in society today & how we overcome them to build a long-lasting platform for freedom and prosperity”. You can order a digital or hard copy today from MoneroStandard.com.
Senators Elizabeth Warren and Roger Marshall introduced the Digital Asset Anti-Money Laundering Act, which targets the cryptocurrency industry with a number of proposed regulations that critics are calling authoritarian and unconstitutional. Decrypt reported that “the proposed bill seeks to place know-your-customer (KYC) requirements on blockchain infrastructure providers and participants operating in the United States, including developers creating software for decentralized networks and even the miners and validators that support such networks”. According to Coincenter, “it would force anyone who helps maintain public blockchain infrastructure, either through software development or validating transactions on the network, to register as a Financial Institution (FI)”. The bill also cracks down on digital asset mixer services or other privacy-enhancing technologies. It is important to acknowledge that in the unlikely event this bill is passed, Monero will live on regardless of the outcome due to its antifragile and decentralized open-source design.
Binance has been highly criticized by many over the past few weeks in regard to its operations. In relation to Monero, there are constant reports of users unable to withdraw their Monero from Binance and other exchanges due to the exchange suspending withdrawals. Remember, if you want to buy Monero on a centralized cryptocurrency exchange, be sure to confirm whether you are able to withdraw the XMR. A lot of people learned ‘not your keys, not your coins’ the hard way when FTX collapsed.
Monero Magazine, a new Monero-focused news-sharing website, published its first podcast episode and features Seth For Privacy. The host and Seth discuss a range of different things (check the show notes) and is well worth the listen.
Monero Talk published Monerotopia Episode #96. It features a Monerotopia 2023 conference update, a price report with BawdyAnarchist, and a chat with special guest, Aeon. Check out the show here.
Monero Talk also interviewed Sal the Agorist, a prominent figure on Twitter with over 140k followers, advocating for the strategies of Agorism and counter-economics. Check out the video below!
The Monero Standard #32: 7 December 2022 - 14 December 2022 newsletter has been published. Check it out to keep up with Monero news!
Revuo Monero Issue #150 has been published. Check it out for a weekly dose of Monero news.
Crypt0 Bear revealed he is working on creating a new album! You can check out the original Orange Album here!
Events
Monero Meets are back and are planned to take place every four weeks! Monero Meets are somewhat casual video calls with Monero community members to discuss closely-related Monero topics. The first Monero Meet will be held at 13:00 CT on Tuesday, December 20th. If you want to get involved, contact Justin. You can watch the Monero Meets here.
The second-ever Monerotopia conference is taking place in Mexico City on May 6-7th 2023. Monerotopia is a conference for privacy, tech, and freedom enjoyers. They already have an amazing lineup of confirmed speakers which includes a variety of Monero developers and contributors. Head over to the Monerotopia website and grab a ticket to one of the hottest Monero conferences around!
After the successful return of Monero Konferenco in 2022, the ‘MoneroKon’ 2023 Conference is looking like it will be held at La Fabrika in Prague, Czech Republic on the 23rd-25th of June 2023. MoneroKon is an annual meeting of privacy advocates, cypherpunks, scientists, and philosophers and is designed to disseminate scientific and technical results in privacy and financial technologies like censorship-resistant digital cash. More information can be found here in the MoneroKon 2023 CCS proposal and on the MoneroKon website.
The next MoneroKon 2022 Planning Meeting is scheduled to take place on January 14th, 2022 at 18:00 UTC in the #monero-events IRC channel. More information can be found here.
A Monero Research Lab (MRL) meeting will take place on Wednesday, December 21st at 1700 UTC. You can find links to more information regarding the meeting here, thanks to the Monero Observer. The MRL meeting will take place in the #monero-research-lab channel on IRC if you want to lurk in real time.
Exchanges and Merchants
Cake Wallet announced that Cake Pay, a service that allows you to buy digital gift cards with XMR, has been expanded to 140+ countries.
AllArk, a website that allows you to buy prepaid Visa and Giftcards, along with Cash by Mail for XMR, now offer INTERAC e-Transfers for Canadians to get money into their bank account easier. Check out their website here.
Trocador, a new privacy-focused exchange aggregator from the people behind Moneroj.net, has released AnonPay, a new fixed-rate payment mode on Trocador.app. AnonPay allows you to create trades to receive specific amounts of any listed coin (e.g XMR to ETH), and they'll generate fixed-rate payments for you. Check out this post for more information.
eSIM provider SimXL.com now accepts Monero for 190+ countries. Payment in XMR is facilitated by NOWPayments (ChangeNOW). Simxl.com is a revolutionary new service that makes it easy to activate and manage eSIM packages for your mobile devices. With simxl.com, you can say goodbye to the hassle and limitations of physical SIM cards. More information can be found here.
You can now shop on Amazon anonymously with Anonymous Locker. Anonymous Locker allows you to spend Monero with no ID, no address, no phone number, or any other form of KYC or tracking. You simply tell me what you want to buy from Amazon, pay with Monero, and they will send the order to an amazon locker near you for pickup. This is a relatively newer and unknown service so remember to exercise caution if you decide to use it. More information can be found here and here.
Anycolo, a company that sells Virtual Servers for Monero, has a sale until the end of December. You can use this promo code for 50% off: DECEMBER-PROMO-3579. Anycolo also has a node up and running for anyone to use with their light wallets. can use our node: http://monero.anycolo.net:18081.
If you want to support the Tails project, you can do so anonymously with Monero!
Community Crowdfunding
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 Projects requiring funding or have been recently funded:
Trading & Speculation
On the XMR/USD chart, Monero is still printing a giant cup and handle pattern.
With the November monthly close above 0.008btc, XMR printed its first green candle in almost 5 years on the XMR/BTC Renko monthly chart. This may be the signal for a long-term trend change.
XMR/BTC is primed for an Adam and Eve double bottom. Confirmation of breakout at around ~0.009btc.
Monero is up ~120% against ETH YTD and looking like it wants to break out upwards.
While most coins have been outperforming BNB his week given the non-positive Binance speculation, the XMR/BNB breakout has been noticeable.
Since early November, Monero has been one of the better-performing major cryptocurrencies.
XMR dominance has broken out above the 150 week SMA. XMR hasn’t seen these levels since November 2018.
Performance
Total Monero in Circulation — 18,215,923 XMR
Monero Total Marketcap — $2,673,402,166
Coinmarketcap Ranking — #23 (In September 2022 - #27)
XMR/USD Price — $146 USD
XMR/BTC Price — 0.008722 BTC
LocalMonero.co Peer to Peer Street Price — $153 USD
Average Transaction Fee — 0.00024 XMR ($0.035)
Monero Network Hashrate —2.417 Ghash/s
Monero Mining Pools Hashrate Distribution —
Entertainment
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.
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Have we missed something?
Please contact me if you believe I have missed an important piece of news, or want something included in a future issue.
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. Reach out to the Monero community on Reddit, IRC, GitHub, Twitter, or Telegram. The official Monero website is GetMonero.org.
Past Issues
Issue 57 / Issue 56 / Issue 55 / Issue 54 / Issue 53 / Issue 52 / Issue 51 / Issue 50 / Issue 49 / Issue 48 / Issue 47 / Issue 46 / Issue 45 / Issue 44 / Issue 43 / Issue 42 / Issue 41 / 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
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DISCLAIMER: This publication contains opinions for informational and entertainment 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 or 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 without verifying their credibility.
