The Monero Moon (Issue 59)
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
hinto-janaiyo has released Gupax v1.0.0, a cross-platform GUI that helps with configuring, updating, and managing P2Pool and XMRig. Simply put, you can use Gupax to mine Monero on P2Pool with XMRig. This makes it even easier to get started mining at home and secure the Monero network. Links to the downloads, documentation, and code can be found here.
koe has put forward a long-term proposal to continue the development of Seraphis. koe outlines that time will be “spent on miscellaneous Monero R&D tasks and working with Monero devs on seraphis library reviews and PRs. I may also update the seraphis library to replace BP+2 with BP++ at some point”. More information can be found here.
The Farcaster Project has released version 0.8.1 of the Farcaster cross-chain atomic swap node. Check out their GitHub for more information.
manifesttim aka Yiota provided a report regarding their work translating the official Monero wallets into Greek and Korean. You can read more about manifesttim’s work in progress here.
LocalMonero/AgoraDesk has released v1.0.42 for their mobile apps. It includes features such as a new way of delivering push notifications and displaying a sticky bubble for big screens. Release notes and download links can be found here.
Cake Wallet has released Cake Wallet v4.5.5 and Monero.com wallet v1.2.4. You can find links to the downloads and updates here.
Popular Monero metrics website Moneroj.net will start tracking and recording Binance’s Monero withdrawal status in a chart. You can now also see Binance’s Monero withdrawal status on the Moneroj.net homepage. Since launching the metric, we can already observe Binance has halted XMR withdrawals on two separate occasions. Remember, “not your keys, not your coins!”
plowsof posted their first CCS Coordinator progress report. This includes moderating community meetings regarding CCS proposals, testing the official Monero wallets, and helping organize the audit of Bulletproofs++. Check out their report here.
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. You can also check out the YouTube video below.
Monero Observer has released a new Monero Dev Activity Report to provide a big-picture view of Monero's development activity throughout the past week. If you’re interested in the nitty gritty, check it out here.
In case you had questions about the future supply of Monero, please note that Monero is disinflationary and its tail emission inflation tends to zero.
General News
A Monero Meet took place last week for a monthly discussion on Monero news, developments, and other community conversation topics. It features a number of prominent Monero contributors and welcomes viewer participation. You can watch the recording on YouTube here.
Monero Magazine, a new Monero-focused news-sharing website, published its second episode and features Justin Ehrenhofer, long-time Monero community member and VP of Operations at Cake Wallet. They discuss things such as the adoption of Monero on darknet markets, Bitcoin’s privacy, and Chainalysis. Check out the video below.
Monero Magazine also interviewed Vanessa Harris, a crypto enthusiast with more than 20 years of experience working with Microsoft and Google. Michael and Vanessa discuss many things related to Monero’s place and future in the world. Watch the video here or below.
If you are a Spanish speaking member of the Monero community then make sure you’re subscribed to LoveraTV, who publishes regular Monero content such as Monero news updates and other cool videos.
Independent German tech blog Tarnkappe.info published a post all about MoneroKon 2023. You can read it on their website here, and learn more about MoneroKon here.
There is now a new website that aggregates all your Monero news content and helpful information for you! Be sure to check out MoneroDance!
The Monero Standard #33: 7 December 2022 - 14 December 2022 newsletter has been published. Check it out to keep up with Monero news!
Revuo Monero Issue #151 has been published. Check it out for a weekly dose of Monero news.
Monero's subreddit has shown continuous up trending growth throughout 2022's bear market, while the growth of many other crypto subreddits has somewhat stalled. Feel free to join the friendly crew of 281,000 subscribers: https://reddit.com/r/monero
Did you miss Christmas but still want to gift Monero to a friend or family member for a special occasion? Check out this cool Monero gift template you can use that includes helpful information for the lucky recipient! You can find the templates here or more information here.
Events
A Monero Research Lab (MRL) meeting will take place on Wednesday, December 28th 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.
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 to the Monerotopia website and grab a ticket to one of the hottest Monero conferences!
After the successful return of Monero Konferenco in 2022, the ‘MoneroKon’ 2023 Conference 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.
If you would like to volunteer to help out at MoneroKon 2023 in return for a free ticket or just because you are a Monero-loving person, then apply by filling out this form here!
The next MoneroKon 2023 Planning Meeting is scheduled to take place on January 14th, 2023 at 18:00 UTC in the #monero-events IRC channel. More information can be found here.
Exchanges and Merchants
Majestic Bank is offering 0% fee trades until January 8th, 2023. They are KYC-free and also offer an onion website. You can check out their main website here.
Privacy-focused exchange aggregator Trocador.app provided an update since its launch just over two months ago. Trocador has completed over 2000 trades and claims they will help users in the chance you have a problem with your chosen exchange! They also offer an onion version of the website. Read more about their usage report here or in the tweet below.
AllArk now allows customers to buy gaming consoles with XMR via their website. There have been recent comments (here and here) on the Monero subreddit regarding the legitimacy of AllArk, so if it is a service you wish to use it is recommended you do your own research and proceed with caution, or consider an alternative.
Want to buy or sell something for XMR? Check out MoneroMarket.io and browse the listings or post your own. Please note that some of the items for sale may be considered NSFW depending on your jurisdiction. They also offer escrow services. Check out the website here.
MadXMR is selling a Monero-themed coffee table! The coffee table features the Monero logo and is constructed with epoxy on Irish Cyprus wood. It is for sale for $900 plus shipping costs. Detailed information can be found here or here.
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:
There are no CCS Projects that require funding at the moment, however you can still support the Monero Project by donating to the Monero General Fund.
Trading & Speculation
On the XMR/BTC daily chart, there is a possible formation of a bullish pennant.
Additionally, the XMR/USD yearly chart appears to be printing a bullish pennant.
On the XMR/BTC monthly chart, Monero is primed for its highest monthly close since November 2020.
XMR/BTC is about to see the 50 week SMA cross above the 150 week SMA for the first time since April 2019. There's a high possibility a golden cross (50 SMA crossing the 200 SMA) will occur in Q1 2023.
CoinTelegraph provided technical analysis on XMR/USDT.
Performance
Monero is the second best performing coin for 2022 so far this year, hanging in there better than others. XMR has only had a -37% drawdown, compared to BTC's -64% and AVAX's -89%.
Total Monero in Circulation — 18,219,468 XMR
Monero Total Marketcap — $2,626,405,181
Coinmarketcap Ranking — #22
XMR/USD Price — $144 USD
XMR/BTC Price — 0.008655 BTC
LocalMonero.co Peer to Peer Street Price — $151USD
Average Transaction Fee — 0.00033 XMR ($0.047)
Monero Network Hashrate —2.603 Ghash/s
Monero Mining Pools Hashrate Distribution —
Entertainment
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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 58 / 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.
The Monero inflation tends to zero thing means nothing, because it also implies the supply tends to infinity.