🚩🚩New Groups Added to @CryptoGroups🚩🚩

Bots have been added, please stay tuned for more info!

Gem from the dev logs https://www.reddit.com/r/Monero/comments/4yvlca/gem_from_the_dev_logs/ <!-- SC_OFF --> ... also #728 was a little contentious so we created a company called Mixinstream that has hired all the contributors heh heh and gingeropolous has launched Monero Classic ( sorry ) -P ok so #728 is Ilya's work as part of the GUI effort Can I launch unlimited? ... <!-- SC_ON --> submitted by /u/TheKing01 (https://www.reddit.com/user/TheKing01) [link] (https://www.reddit.com/r/Monero/comments/4yvlca/gem_from_the_dev_logs/) [comments] (https://www.reddit.com/r/Monero/comments/4yvlca/gem_from_the_dev_logs/)

looks like XMR is going well

could overtake etc/eth

A Moderation Policy Update: DNMs and Other Monero Use-cases https://www.reddit.com/r/Monero/comments/4yx50m/a_moderation_policy_update_dnms_and_other_monero/ <!-- SC_OFF -->Hi all. From the very earliest days of Monero's existence we've been quite insistent on not writing any use-cases for Monero. Our baseline use-case for Monero is somebody purchasing something, like a religious text, that puts their lives at risk due to it being banned by the government. If we treat every Monero user's privacy as just as important as that hypothetical person, we will be able to successfully improve Monero's privacy and protect all its users. Of course, a tool that provides that level of privacy can also be used for all manner of purposes, both amazing and nefarious, both legal and illegal, both innocent and far-less-so. Let me be as clear as possible: our focus is, and always will be, on building out and enhancing Monero and all its tools, regardless of the use-cases of individual users. Thus, it is our decision as moderators of this sub-reddit (and this applies to the Monero forum and the StackExchange too), that the focus will continue to be on the development of Monero and its related tools. Discussion of the ecosystem is and will be allowed, which means that announcements of marketplaces on Tor or i2p that accept Monero are allowed. However, any discussion of Monero use-cases that would or could generally be construed as illegal is no longer going to be allowed on this sub-reddit. This would include discussions of marketplaces hosted on hidden services, apart from the original announcement, money laundering, tax evasion, as well as purchasing child pornography, recreational drugs, weapons, and so on. There are plenty of venues for those discussions, some of which are even available on other sub-reddits, it's just this sub-reddit / the Monero Forum / the Monero StackExchange that we're focusing on. To put it quite simply: if the Monero sub-reddit and forum and StackExchange are to remain open, accessible, unencrypted clearnet resources for newcomers to Monero, we have to make sure that people can access it on any Internet connection without putting themselves at risk. Similarly, many of the sub-reddit moderators (and even Monero contributors and community members) are not anonymous. Consider this: how unfortunate would it be if myself, or any of the other known community members, were imprisoned over posts in a public forum that we didn't even participate in? How much long-term damage could it do to the ever-growing Monero ecosystem if contributors left en-masse because they feared retribution? And, too, we want the community to be all-encompassing and welcoming, and that means being open to people who may have moral objections to some of these use-cases, but still have incredible value to add to the Monero project. We hope, and trust, that the community will work with us in this, and will assist us in keeping the clearnet resources as accessible as possible, so all newcomers can learn about Monero and join our vibrant and burgeoning community:) <!-- SC_ON --> submitted by /u/fluffyponyza (https://www.reddit.com/user/fluffyponyza) [link] (https://www.reddit.com/r/Monero/comments/4yx50m/a_moderation_policy_update_dnms_and_other_monero/) [comments] (https://www.reddit.com/r/Monero/comments/4yx50m/a_moderation_policy_update_dnms_and_other_monero/)

How can I be certain that a generated wallet seed is still valid in the future? https://www.reddit.com/r/Monero/comments/4yxde4/how_can_i_be_certain_that_a_generated_wallet_seed/ <!-- SC_OFF -->My plan was to generate a Monero paper wallet where I would write down the three components 1) address 2) view key and 3) seed. However, what made me doubting was seeing in the repository that the wordlist of the Monero wallet seed has changed several times, this seems to be still under development (according to https://github.com/monero-project/bitmonero/commits/master/src/mnemonics/english.h). There seems to be no common standard like BIP39 where the wordlist is more or less fixed as it is already implemented in many libraries. So at which point of time can I rely on the fact that the written down seed will still be valid in, let's say, a few years? By now, it would be more wise to write down the private key as well, right? <!-- SC_ON --> submitted by /u/maehdrescher (https://www.reddit.com/user/maehdrescher) [link] (https://www.reddit.com/r/Monero/comments/4yxde4/how_can_i_be_certain_that_a_generated_wallet_seed/) [comments] (https://www.reddit.com/r/Monero/comments/4yxde4/how_can_i_be_certain_that_a_generated_wallet_seed/)

Colored Coins on Monero..... This is the only unanswered question on Monero SE. Lets get back to 100% answered! https://www.reddit.com/r/Monero/comments/4yy9vv/colored_coins_on_monero_this_is_the_only/

Is there any way to have built in escrows for users on moneroclub, kind of like on localbitcoins, so users can trade cash<-> xmr <-> cash by methods such as cash deposit? https://www.reddit.com/r/Monero/comments/4yyuv2/is_there_any_way_to_have_built_in_escrows_for/ submitted by /u/floam412 (https://www.reddit.com/user/floam412) [link] (https://www.moneroclub.com/offers/) [comments] (https://www.reddit.com/r/Monero/comments/4yyuv2/is_there_any_way_to_have_built_in_escrows_for/)

The news is they added a feature

Which is untraceable currency before @zcoinco came out

Which means its probably doing to go up a lot more


Thanks for the explanation!

But be warned its already at new highs

I havent watched enough to know support levels charts

How to make a Monero paper wallet? https://www.reddit.com/r/Monero/comments/4z08tz/how_to_make_a_monero_paper_wallet/ <!-- SC_OFF -->https://moneroaddress.org/ is down I've wanted to buy some Monero for a long time, but my altcoin buying process is to make a paper wallet, buy coin on exchange, then withdraw from exchange to paper wallet. I own dozens of altcoins, and I can't have dozens of full nodes running on my PC, so I use paper wallets to store my coins. <!-- SC_ON --> submitted by /u/freework (https://www.reddit.com/user/freework) [link] (https://www.reddit.com/r/Monero/comments/4z08tz/how_to_make_a_monero_paper_wallet/) [comments] (https://www.reddit.com/r/Monero/comments/4z08tz/how_to_make_a_monero_paper_wallet/)

Monero Wallet https://www.reddit.com/r/Monero/comments/4z0a3q/monero_wallet/ <!-- SC_OFF -->Were can I get a good monero wallet for windows? Please don't suggest mymonero.com the website is buggy, I've signed up with two different accounts today and each time to goto log back in, it says my private key is invalid which it wasn't Then second time I even tried the public/view/spend key and it still siad invalid address I will not trust my funds with this website after this. <!-- SC_ON --> submitted by /u/Moneronewbie (https://www.reddit.com/user/Moneronewbie) [link] (https://www.reddit.com/r/Monero/comments/4z0a3q/monero_wallet/) [comments] (https://www.reddit.com/r/Monero/comments/4z0a3q/monero_wallet/)

MAAM #28 Monero Ask Anything Monday: https://t.co/Qxhyu9VGsf

Newb's guide to getting Monero https://www.reddit.com/r/Monero/comments/4z0c7k/newbs_guide_to_getting_monero/ <!-- SC_OFF -->The stars are definitely aligning and I believe Monero to be the next cryptocurrency. I now have around $100 to drop in the currency, problem is that I don't know how to get into the market. I have an iPad, iPhone, and MacBook. Can someone walk me through the easiest way to get from bank account into Monero? I'm unskilled at this. Also I have a paypal. Thanks guys, and sorry to clog your Reddit with this novice question. <!-- SC_ON --> submitted by /u/LMY723 (https://www.reddit.com/user/LMY723) [link] (https://www.reddit.com/r/Monero/comments/4z0c7k/newbs_guide_to_getting_monero/) [comments] (https://www.reddit.com/r/Monero/comments/4z0c7k/newbs_guide_to_getting_monero/)

Why are mnemonic seeds 25 words long? https://www.reddit.com/r/Monero/comments/4z0geb/why_are_mnemonic_seeds_25_words_long/ <!-- SC_OFF -->I know this is bike shedding (https://en.wikipedia.org/wiki/Law_of_triviality), but this does sort of bother me. Why are mnemonic seeds 25 words long? It may seem like more words make it more secure, but there is a limit. If you have more entropy than the private key, you are just being redundant! The average English speaking adult knows upwards of 35000 words. Since you don't need to know what the words mean for a mnemonic seed, this seems reasonable to use as word list. With this, 17 words if enough entropy for a private key (http://www.wolframalpha.com/input/?i=256%2Flog2(35000)). We could also used the diceware word list, which has 7776 words, and therefore would only require 20 words (http://www.wolframalpha.com/input/?i=256%2Flog2(7776)), and is already easy to generate offline. Know, you may ask "but isn't there a spend key and a view key"? That's true, but the view key is derived from the spend key (https://getmonero.org/knowledge-base/moneropedia/mnemonicseed), so that it is again redundant. You may ask "does that redundancy allow for error correction". The answer to that is only barely. The thing, is the mnemonic seed only looks at the first 3 letters. Tons of word have the same endings, so errors in the first 3 letters won't necessarily be able to be corrected by spell check. Like, there's a good chance, but this isn't the best way to go about it. The checksum word is the strongest instance of error correction, but even that is wasteful, since it is just one of the 24 previous words. If one of the previous 24 words that aren't the checksum is in error, and spelling correction fails, the checksum word can't be used to correct the error. It is possible to design such that you can correct an error in spite of any missing word. In fact, you could make it tolerant to any number of missing words, (n words when the mnemonic seed is n+17 words long). Not only that, but around 4% of the time, the checksum will succeed in-spite of errors! If your calculating the address to send the monero to, that could be a costly mistake. Arguably, error correction isn't as important with cryptocurrency, since you can brute force it relative to the address. Still, that is a bit of a waste, especially given that you will need to test 4% of addresses. If you guys think it as a good idea, I can design a new mneomnic seed system, that both is shorter, and has error correction, without sacrificing security. (If you let me sacrifice a little bit of security, I can probably get it down to memorization range!) EDIT: I know mymonero.com only uses 13 words, but I believe they have the same issues with redundancy and error checking. <!-- SC_ON --> submitted by /u/TheKing01 (https://www.reddit.com/user/TheKing01) [link] (https://www.reddit.com/r/Monero/comments/4z0geb/why_are_mnemonic_seeds_25_words_long/) [comments] (https://www.reddit.com/r/Monero/comments/4z0geb/why_are_mnemonic_seeds_25_words_long/)

Is there side to side comparison between Bitcoin and Monero? https://www.reddit.com/r/Monero/comments/4z0vps/is_there_side_to_side_comparison_between_bitcoin/ <!-- SC_OFF -->I'd like to a see a side to side comparison of these two cryptos, seeing how many are mined, what is the cap and so on. Would also like to know where are monero stats available at (hash rate, etc..) <!-- SC_ON --> submitted by /u/AnythingForSuccess (https://www.reddit.com/user/AnythingForSuccess) [link] (https://www.reddit.com/r/Monero/comments/4z0vps/is_there_side_to_side_comparison_between_bitcoin/) [comments] (https://www.reddit.com/r/Monero/comments/4z0vps/is_there_side_to_side_comparison_between_bitcoin/)

Hello I'm trappy of Alphabay and I'd like to know more about you https://www.reddit.com/r/Monero/comments/4z1hc3/hello_im_trappy_of_alphabay_and_id_like_to_know/ <!-- SC_OFF -->What should alphabay know about the monero community? It is my understanding that this is not exactly a new crypto. Here are some links to alphabay if you would like to ask me privately about alphabay without posting publicly on the clearnet. alphabaywyjrktqn.onion pwoah7foa6au2pul.onion stbux7lrtpegcra2.onion jsbpbdf6mpw6s2oz.onion zdfvqospmrbvzdn3.onion sszoxp4dqmt24jng.onion nracund2vx6lxzck.onion lo4wpvx3tcdbqra4.onion <!-- SC_ON --> submitted by /u/trappy_AB (https://www.reddit.com/user/trappy_AB) [link] (https://www.reddit.com/r/Monero/comments/4z1hc3/hello_im_trappy_of_alphabay_and_id_like_to_know/) [comments] (https://www.reddit.com/r/Monero/comments/4z1hc3/hello_im_trappy_of_alphabay_and_id_like_to_know/)

Monero Core - GUI https://www.reddit.com/r/Monero/comments/4z1hmk/monero_core_gui/ <!-- SC_OFF -->With all the new users here today, it would be a good time to point out that the Monero Core GUI is currently in development. While there is no set release date, the progress can be followed here: https://github.com/mbg033/monero-core What this will provide for users is an experience that feels very similar to Bitcoin QT when storing and transferring XMR. <!-- SC_ON --> submitted by /u/TedTheFicus (https://www.reddit.com/user/TedTheFicus) [link] (https://www.reddit.com/r/Monero/comments/4z1hmk/monero_core_gui/) [comments] (https://www.reddit.com/r/Monero/comments/4z1hmk/monero_core_gui/)

Is this a coordinated pump by DNMs? https://www.reddit.com/r/Monero/comments/4z1kk3/is_this_a_coordinated_pump_by_dnms/ <!-- SC_OFF -->Why are so many DNMs announcing Monero support simultaneously? A while back, I theorized that a better way for them to make money, instead of exit scamming, would be to sell a bunch of their actual bitcoin profits for Monero and then pump Monero by supporting it. Anyone else think that this is what is actually happening? Do the various operators collaborate? <!-- SC_ON --> submitted by /u/biglambda (https://www.reddit.com/user/biglambda) [link] (https://www.reddit.com/r/Monero/comments/4z1kk3/is_this_a_coordinated_pump_by_dnms/) [comments] (https://www.reddit.com/r/Monero/comments/4z1kk3/is_this_a_coordinated_pump_by_dnms/)

Coinbase BTC to Shapeshift.io XMR to paper wallet? https://www.reddit.com/r/Monero/comments/4z1lkv/coinbase_btc_to_shapeshiftio_xmr_to_paper_wallet/ <!-- SC_OFF -->When sending from Coinbase some bitcoin, over to Shapeshift.io, it want's a payment id (does that matter? what do I put in there? a made up string?) -- if I give it my public Monero address from a wallet at moneroaddress.org? <!-- SC_ON --> submitted by /u/walloon5 (https://www.reddit.com/user/walloon5) [link] (https://www.reddit.com/r/Monero/comments/4z1lkv/coinbase_btc_to_shapeshiftio_xmr_to_paper_wallet/) [comments] (https://www.reddit.com/r/Monero/comments/4z1lkv/coinbase_btc_to_shapeshiftio_xmr_to_paper_wallet/)

Video that explains Monero? https://www.reddit.com/r/Monero/comments/4z205e/video_that_explains_monero/ <!-- SC_OFF -->Been in Bitcoin a while. Just looking for a video that explains the basics of Monero and how it works. How many XMR will there be? How are they generated? etc. etc. Thanks! <!-- SC_ON --> submitted by /u/gonzobon (https://www.reddit.com/user/gonzobon) [link] (https://www.reddit.com/r/Monero/comments/4z205e/video_that_explains_monero/) [comments] (https://www.reddit.com/r/Monero/comments/4z205e/video_that_explains_monero/)