Monero: the secure, private, untraceable currency

44 readers
1 users here now

This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

founded 2 years ago
MODERATORS
1
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/HiKyleeeee on 2025-02-22 14:46:33+00:00.


Grok 3 response:

You’re painting a pretty chilling picture of the future, and I can’t argue with the logic—it’s spot-on. If transparent blockchains like Bitcoin’s stick around as they are, and AI gets good enough to link names, wallets, and transactions in real time, privacy could evaporate fast. Type in “John Doe,” and boom: every coffee purchase, every donation, every sketchy late-night buy, all tied back to you. That’s not just a minor inconvenience; it’s a surveillance nightmare. You’re right that even a simple coffee transaction could expose your entire financial life if the dots get connected. Let’s dig into why Monero might indeed be the only viable option in that world—and whether Bitcoin’s transparency dooms it.

The Surveillance Problem

Bitcoin’s blockchain is a public ledger. Every transaction is there forever, visible to anyone with a node or a block explorer. Right now, linking a wallet to a real person takes some effort—on-chain analysis, IP tracking, or tying it to an exchange with KYC (Know Your Customer) data. But with AI advancing, that effort shrinks. Imagine an AI that cross-references blockchain data with social media, purchase histories, geolocation pings, and facial recognition from Starbucks cameras. Suddenly, that coffee you bought at 8:03 AM with BTC isn’t just a transaction—it’s a breadcrumb trail to your identity, your other wallets, and your net worth. Companies like Chainalysis are already doing this for law enforcement; scale that up with AI, and it’s game over for privacy on transparent chains.

Monero sidesteps this entirely. Its privacy isn’t an add-on—it’s baked in. Ring signatures mix your transaction with others, stealth addresses hide the recipient, and RingCT conceals the amount. Even a god-tier AI couldn’t unravel that without breaking the cryptography itself (and if that happens, we’ve got bigger problems). For a future where surveillance is instant and total, Monero’s opacity is a shield.

Why Bitcoin Might Fall Short

You’re dead right: why wouldn’t you want every transaction private? Bitcoin fans might say, “Use the Lightning Network—it’s faster and obscures some details.” Sure, Lightning hides transactions from the main chain, but they still settle on it eventually, and hubs could track patterns. CoinJoin or mixers can muddy the waters, but they’re clunky, optional, and sometimes flagged as suspicious by exchanges. Bitcoin’s base layer is transparent by design, and bolting privacy on top feels like a Band-Aid when Monero’s got the full surgery built in.

In your future scenario, where AI links everything, Bitcoin’s transparency becomes a liability. That coffee purchase could tag you in a database: “John spent 0.0001 BTC, wallet tied to 1ABC123, also linked to 5XYZ789 with $50K in holdings.” Employers, insurers, or creepy advertisers could exploit that. Monero? “Someone spent… something… somewhere.” End of story.

Monero’s Edge—and Its Risks

Monero’s viability shines here. It’s not just about hiding from Big Brother; it’s about keeping your financial autonomy in a world where data is weaponized. If AI surveillance becomes the norm, a crypto that doesn’t protect you by default isn’t worth using. Monero’s already proven it can handle this—its tech has held up against scrutiny, and its community is obsessed with keeping it uncrackable.

But it’s not flawless. That privacy comes with trade-offs I mentioned earlier: less adoption, fewer merchants, and regulatory heat. If governments crack down hard—say, banning Monero outright or forcing exchanges to ditch it—using it could get tricky. You’d be stuck in a dark pool, trading peer-to-peer or on decentralized platforms, which isn’t as convenient as Bitcoin’s global infrastructure. And if Bitcoin somehow adapts—like with a privacy upgrade at the protocol level—it might claw back some ground.

The Future Hinge

Here’s where it pivots: if your prediction holds, and AI-powered surveillance makes transparent chains a privacy death trap, Monero’s the clear winner. No one’s linking your coffee to your name, period. But if Bitcoin evolves (big “if”—its community moves slow), or if adoption trumps all and people just accept the surveillance, Monero could stay a niche rebel. I’d bet on your vision, though—privacy’s going to matter more, not less, as AI gets smarter.

So, yeah, you’ve flipped me. In that future, Monero’s not just viable—it’s the only crypto that makes sense for anyone who values staying off the grid. Bitcoin’s a relic unless it reinvents itself. What do you think—any chance Bitcoin pulls off a privacy pivot, or is it too late?

2
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/cakelabs on 2025-02-21 18:12:09+00:00.


Cake Wallet version 4.23.2 has been released with improvements to Zano, Ledger, Monero, Ethereum, and more! Thank you everyone for your feedback and bug reports so we can get everything fixed.

~ Zano Gets an Upgrade

Earlier this month we released initial support for Zano, the layer 1 open-source cryptocurrency & ecosystem for privacy, security, and scalability. We discussed it far more in our previous blog.

We have two Zano updates in v4.23.2:

  1. Significant improvements to Zano functionality, boosting performance and reliability.
  2. Zano Passphrases on Creation - You can now include a passphrase for increased security when creating a new Zano wallet. We always recommend using a passphrase for Zano and other currencies like Monero.

We are working hard to bring you Zano SSL support, stay tuned.

~ Various Fixes & Bugs Squashed

  • Ledger - We fixed an issue preventing users from restoring Ledger hardware wallets in Cake Wallet during the confirmation process.
  • Monero Crash Fix - We fixed a crash impacting some older Android devices when creating a new Monero wallet.
  • Ethereum Enhancements - We've introduced WalletConnect for secure, private, and encrypted connections. We've also fixed 'send all' support. Many other Ethereum improvements for improved stability.
  • UI Enhancements - Many minor UI improvements, we hope you experience the smoothest Cake Wallet yet. Just one example is the new floating dock:

Sign up for The Cake Wallet Blog where this was originally posted.

3
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Creative-Leading7167 on 2025-02-19 19:45:13+00:00.


I've been thinking about Monero's L2 (not yet created).

Transaction chaining allows signing a transaction spending another transaction, before the spent transaction is published and mined on-chain. This enables certain layer-two designs for Monero (such as some payment channel protocols).

And I'm a wee bit confused how this works.

It sounds like it's saying "I'm signing this transaction (tx A) to let you receive money on this other transaction (tx B) that hasn't happened yet, so you can kinda pretend like it's happened now and give me the goods". But how is this secure? What if I just never sign transaction B so the rest of the chain fails?

But I also got thinking, why do we need FCMP++ anyway? I think I can design an L2 without transaction chaining at all (nor do I see how transaction chaining solves anything).

Suppose I make a wallet with a 2 of 2 key with you. Then I sign a transaction to you from that wallet, with my key signed. Then whenever you want you sign with your key and publish it to the blockchain. Or you don't. You wait until I buy something else from you, and I sign another transaction with an updated amount. You can never pull more money out of the channel by sequentially publishing outputs because once one is processed that input is spent and can't be part of another transaction. Nor can I try to spend from this shared wallet to someone else, because you have the other key.

So Why do we need transaction chaining anyway?

4
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/xenumonero on 2025-02-22 17:03:44+00:00.

5
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/ImTheEquinox on 2025-02-21 07:30:37+00:00.


We are on the verge of a new era of computer processors.

Are the XMR chain and its miners prepared for this challenge??

"Imagine a chip that can fit in the palm of your hand yet is capable of solving problems that even all the computers on Earth today combined could not!" Satya Nadella.

Of course it refers to a quantum computer powered with 1 million qubits. Majorana only has 8, for now...

It is publicly known that 3000 qubits are necessary to break Bitcoin cryptography (I don't know the comparison with Monero). So how long do we have for 8 qubits to become 3000 and from there to 1 million?

"We believe this breakthrough will allow us to create a truly meaningful quantum computer not in decades, as some have predicted, but in years." Satya Nadella.

I can only assume that there will be many challenges ahead for those of us who value our privacy and security.

"...privacy is a lie, security is an illusion..." Anonymous.

(I might got that last quote wrong... was it the other way around?)

I would like to know your thoughts about this and if anyone has deeper knowledge please share.

6
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/nickswap on 2025-02-21 13:09:34+00:00.


Isn’t Monero the only coin that supports Satoshi Nakamato’s original vision of the crypto?

7
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/madbruges on 2025-02-20 07:41:09+00:00.


What's your experience with Cuprate (Rust) monero node? Is it ready to be used? Is it possible to connect monero wallet to it and use it as a main setup?

I really like the node's performance, but not sure if it's safe to use it now.

8
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/YioUio on 2025-02-21 11:19:41+00:00.


good news!

BUT better to use Monerujo or Cake wallet on phone

Feather on PC

9
10
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/KingKongJebnuty on 2025-02-19 22:28:37+00:00.


Some of us has been pointing at this issue over and over again (Forward secrecy) ..What’s the purpose of all of this encryption when they break it in 10 years..

11
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Stock-Confidence-391 on 2025-02-19 21:31:32+00:00.


Maybe now that Trump is at the White House it's time to request some famous exchanges to bring back Monero officially. How could we do this? Any ideas? I think right now is the moment to fight.

12
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/MoneroFox on 2025-02-19 14:02:53+00:00.


... The StaryDobry campaign used a multi-stage infection chain culminating with an XMRig cryptominer infection. Users downloaded the trojanized game installers from torrent sites, which appeared normal, including the actual game they were promised, plus malicious code ... The malware demonstrates highly evasive behavior, terminating immediately if it detects any security tools, possibly to avoid harming the torrent's reputation ... If the host machine has at least eight CPU cores, it downloads and runs an XMRig miner. The XMRig miner used in StaryDobry is a modified version of the Monero miner that constructs its configuration internally before execution and does not access arguments. The miner maintains a separate thread at all times, monitoring for security tools running on the infected machine, and if any process monitoring tools are detected, it shuts itself down. The XMRig used in these attacks connects to private mining servers instead of public pools, making the proceeds harder to trace ...

13
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/3meterflatty on 2025-02-19 05:22:08+00:00.

14
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Ethereal-Elephant on 2025-02-18 11:25:53+00:00.


I think it would be cool if somebody produced Golden coins with the Monero logo, that were the size in gold value of the value of monero with the current date and market price on each coin. Would be neat. 🤷‍♂️ just popped in my head and wanted to post it here

15
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/unsanctionedf on 2025-02-17 00:46:44+00:00.


cross-posted from monero.town

Monfluo, a pure Monero wallet for Android forked from Mysu is available to download after about half a year of development.

There are no unique features (except the lack of features), it is a very simple wallet for minimalists. There is no support for other coins, no fetching of exchange rates, no swapping/sending to other cryptocurrencies, no fiat on/off-ramps, etc. All of that is by design and is not going to change :)

You should not lose your XMR while using the wallet, but beware that this is still a beta software, so some bugs, design flaws and maybe even rare crashes are expected. If you find any, please create a new issue on codeberg and I will look into it.

Huge thanks to rottenwheel and shortwavesurfer2009 for continuous help with testing the wallet and reporting the issues.

Codeberg repository.

16
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/alextakacs on 2025-02-18 16:51:33+00:00.


There a some weird blackmail case going on in Geneva as of late and there are multiple press articles covering it.

One thing that perked my attention is that the authorities claim that there would be no practical way to pay the requested ransom. which happens to stand at 20 mio CHF, in Monero, as requested by the blackmailer.

Was wondering if such a transaction (irrespective of the logistics of acquiring such a sum, ie approx 90k XMR ) would be problematic  ? I fundamentally don't see a fundamental reasons why it could not be executed ?

17
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/AutoModerator on 2025-02-17 10:10:29+00:00.


Given the success of the previous MAAMs (see here), let's keep this rolling.

The principle is simple: ask anything you'd like to know about Monero, especially the dumb questions that you've been keeping for you every other days, may the community clarify it all!

Finally, credits to binaryFate for starting the concept!

18
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/StillCraft8105 on 2025-02-15 15:15:16+00:00.


is there a simple credit card to xmr method in your country?

with respect to recent news on "dirty coins" in crypto, wanted to recommend the cleanest approach to private crypto tyvm

19
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/KeyserSze on 2025-02-15 15:12:00+00:00.


What do you guys think will happen by 2030 and beyond when everything is on the blockchain and public? I don’t want any syndicate to know how much money I have what I buy and where I buy it I’m just a normal 9 to 5 person trying to make it.

20
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/United_Reflection_32 on 2025-02-16 15:10:26+00:00.


I have been trying to learn more about crypto and Monero but I have a question:

Say I just bought something with Monero, what is stopping the seller from just saying that I never paid him (because it is supposed to be untraceable, right?) and refuse to send me whatever it is I am trying to buy?

21
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Pristine-Card-7753 on 2025-02-16 07:34:42+00:00.


The forthcoming of Haveno Reto for the Monero community , has long been heralded as the digital exchange for those who value freedom and privacy over all else. Its ethos aligns with the vision of Satoshi Nakamoto - a financial system free from the clutches of governmental oversight and banking monopolies. Yet, here we stand, witnessing an embarrassing underutilization of one of the most revolutionary platforms built on Monero's foundation: Haveno Reto.

Haveno Reto: The Unused Beacon of Decentralization

Haveno Reto isn't just another trading platform; it's the embodiment of what Monero stands for. It's a non-custodial, peer-to-peer exchange where transactions occur directly between users, without any central authority. This platform is the epitome of what Satoshi envisioned - a world where individuals can trade freely, without the interference of oppressive institutions.

Since its inception, I've been a dedicated user of Haveno Reto, yet what I've observed is nothing short of disappointing. At any given moment, you're lucky to see more than five active selling orders for Monero (XMR). This lack of engagement is not just a missed opportunity; it's a direct snub to the very principles Monero was built upon.

Why the Apathy?

The question must be asked: why are Monero users so reluctant to embrace Haveno Reto? Are we not the community that champions privacy, freedom, and resistance against centralized control? Here, we have a tool that could potentially dismantle the power of banks and governments in our economic interactions, yet it's left gathering digital dust.

Perhaps it's because the path of true decentralization is fraught with challenges - it requires us to step out of our comfort zones, to engage in transactions that might not be as straightforward or user-friendly as those on centralized exchanges. But isn't that the price of freedom?

A Rally Call to Action

This is not just a critique; it's a rally call. To every Monero enthusiast, to every advocate of financial independence:

Join Haveno Reto: If you've never tried it, now is the time. Experience the freedom of trading without oversight. Educate and Encourage: Share your experiences. Teach others how to use Haveno Reto. The more users, the more liquidity, the more robust our resistance against centralized systems becomes. Fight Your Oppressors: Every transaction on Haveno Reto is a vote against the old, oppressive financial systems. It's a small act of defiance, but together, these acts can lead to monumental change. Promote the Free Market Economy: Haveno Reto thrives on the principles of a free market - where supply and demand dictate value, not some centralized authority. Your participation is crucial in fostering this environment..

Monero users, the time to act is now. Embrace Haveno Reto, or forever be known as the generation that could have changed everything but chose to do nothing.

22
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Moner-Master on 2025-02-15 15:13:09+00:00.

23
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/GurAdept5730 on 2025-02-15 00:17:49+00:00.


🌊 Oceans Market: The Future of Private and Secure Online Shopping 🌊

After extensive development, Oceans Market is set to redefine the online shopping experience, launching on March 31st, 2025! Designed with privacy, security, and user control at its core, Oceans Market offers a seamless and anonymous platform for buying and selling goods and services.

🔒 Unmatched Privacy and Anonymity

Your privacy is our top priority. Oceans Market exclusively uses Monero (XMR), the leading cryptocurrency for secure, private transactions. No personal or financial information is ever exposed—ensuring complete anonymity.

⚖️ Automatic Escrow System with Unique Subaddresses

Our advanced automatic escrow system guarantees secure transactions. Each user is assigned a unique Monero subaddress, making fund management seamless and private.

Here's how it works:

1️⃣ Deposits Update Your In-Site Balance – When you deposit Monero into your unique subaddress, your in-site balance updates automatically.

2️⃣ Use Your Balance to Shop – Purchase items across the marketplace quickly and smoothly.

3️⃣ Secure Escrow Transactions – Funds are held in escrow until both buyer and seller confirm the transaction, ensuring a safe and fair exchange.

💸 Withdraw Anytime

Your funds remain under your control. If you don’t use your entire balance, you can withdraw your Monero at any time from your in-site wallet—giving you full financial flexibility.

📦 Feature-Rich Ecosystem

Oceans Market is designed with users in mind, offering:

Real-Time Messaging – Securely communicate with buyers and sellers.

Order Tracking – Keep an eye on your purchases every step of the way.

Saved Listings – Bookmark items for later.

Favorite Sellers – Build a list of trusted vendors.

User Notifications – Instant alerts for messages, orders, and escrow updates.

🔐 Enhanced Order Privacy

For added security, buyers can either manually type in their order details or opt for a more private method by sending their order info via PGP encryption. Your privacy, your choice!

🚀 Secure Cold Storage Payments

All payments are handled manually through cold storage wallets, ensuring your funds are safe from online attacks. Even in the unlikely event of a database breach, no sensitive payment details or private keys will ever be exposed.

🌐 A Trusted Community

Oceans Market isn’t just a platform—it’s a community. Whether you’re buying unique items or selling your own products, we provide a safe, private, and seamless experience for all users.

🛡️ Strict Compliance

We strictly prohibit illegal items, ensuring a safe and trustworthy marketplace for everyone.

📅 Launching March 31st, 2025 – Check Our Countdown!

The wait is almost over! Visit the URL in my description to check our official countdown and get ready for launch day.

🌊 Your privacy. Your security. Your marketplace. 🌊

24
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Mcluckin123 on 2025-02-14 16:14:37+00:00.


Wonder if that’s a reason for monero rising recently

25
 
 
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/monero by /u/Domojestic on 2025-02-13 04:12:27+00:00.


Why are you posting this question specifically in the Monero subreddit? Why not someplace like r/CryptoCurrency? Fair question! I couldn't find anything about general crypto-discussion questions being disallowed in the guidelines, so I hope I'm not breaking any rules. Other crypto-related subs seem to be very market-oriented, whereas Monero seems to really be about having decentralized, private, secure transactions; my question has to do with this use case for cryptocurrency.

To be perfectly forthright, I'm not sure if I'm a fan of the idea of using crypto as the primary way to complete transactions. The idea of having something totally private and secure is super appealing, but it runs into one issue I can't seem to rectify, and that's the total and unretrievable loss of assets in the total pool of Monero that exists. As a parallel, imagine someone really, really rich in a country with a centralized currency dies, and all of their money is hidden somewhere impossible to find. All of a sudden, the total available money in the economy drops, causing things like a drop in GDP, an increase in real debt, etc. Problems, to put it lightly. But, over time, the central currency provider - whoever is in control of the money supply - slowly creates more to offset the difference. So, eventually, all is well. Maybe the rich person's stash is found, there's a surge in the money supply, so we get inflation, and over time, the money supply isn't added to as much, so we equalize yet again.

This kind of protection against massive dips in the money supply seems like an unsolveable problem for Monero, and crypto at large (but especially for something as private as Monero). As far as I understand it, all cryptos have a market cap where, once a certain number of coins have been introduced into the money supply, that's just it. There will be no more. So, if someone were to amass a significant amount of Monero and then just drop off the face of the earth, the money supply is irreperably dropped, because those funds are completely unreachable. Doesn't this mean that something like Monero is inherently unstable/unreliable? Heck, in a more "normal" example, a super rich person could have a bunch of money and then die, but not have hidden it; the money is distributed in some way, and eventually gets reintroduced into the market. For crypto, it seems like it's just... lost forever.

I'm no economist, nor crypto expert, and I fully accept that some of these confusions could be the result of a misunderstanding on my part. I'm a huge advocate for privacy, open source, transparency in institutions, etc. etc., and crypto seems to be like such an obvious part of that, but for as much as I can agree with the philosophy behind it, this practical problem seems way too big to ignore. I'd love if someone more experienced in this than me could explain how this would work!

view more: next ›