@@gqc_gqc I mean, he’s right. Use Monero if you need to use the internet. Otherwise, real dollars are far more untraceable. If you gotta order illegal shit, or desire near complete anonymity in regular purchases, use dollars. If you can’t use dollars because of the internet, use Monero. Monero is really the only good crypto right now for anonymity and complete privacy. Dollars still manage to trump it if you can use them. It’s simply harder to trace physical currency to an individual than the blockchain, Monero does a ton to obfuscate that, but it’s possible it can be broken, and it also takes time to verify transactions.
The thing I like about monero is that it is a crypto that isn't made to be an investment to make you money but to use as a more anonymous option to make online purchases. Glad to see the devs think the same way.
Tons of crypto literally 1000s have been about being a actual currency and not a investment I been in it since the beginning it was all about taking power away from banks then turned into quick cash schemes its sad the good coins are left to struggle as everyone trades the scam crap all risking a lot in hopes of crypto millions why these shitcoins appear everyday for almost a decade
@@primus711 I agree with you completely. XMR has become well known within at least the privacy community for being the go to option when it comes to using cryptocurrency for transactions, that's why I commented this
Monero is the only good 'coin' left. Everything else is heavily invested in by big government backed corporations. It really went to shit when people started seeing it as an investment rather than a currency. Edit: In my opinion
@anpy The first bit is indisputable, but some people would rather milk money from something than let it live freely. It's a legitimate stance, but I dont agree with it.
@@RealBullbear Mainstream people: Yeah ofc I have blinds at home, I don't want anyone seeing me naked! Also same people: Yeah, you can charge my credit card to buy that s-e-x doll and vibrator, no problem!
Open a shop or restaurant where people can use Monero to buy daily need stuff. That psychologically makes people much more comfortable with owning and using Monero, because people subconsiously want money that ensures that thier belly is full, that ensures thier subsistence. Let Monero be a part of having a good time with friends at a restaurant! Human are wired to like whatever makes that possible, at the moment it's [($)] green pieces of cotton paper or bank issued smartcards.
View tags are a genius idea. Up to 50% reduced sync times all in *one byte* (!) and crucially without reducing privacy, which is the reason syncing takes so much longer than most coins in the first place. It's too early to see if it lives up to that claim but I don't see any reason why not. I expect it's been verified on Testnet months ago. There's a great program that YT won't let me name. Clue: Peacocks have very colorful ones 😉 Fully open source and runs on all the major desktop platforms. It's incredibly easy to use compared to the official one and much faster, simpler and less bloated.
A few days ago I was in Stockholm, and randomly saw a few Monero logos sitting on public spaces (back of traffic signs, on train stations, etc). Just small stickers that someone (assumedly) put there. It sounds weird, but true.
A friend of mine with deep pockets got printed fuckton of the stickers and sent them to others, including one in Stockholm and they put them up like couple months back.
@@n0v3r0n4 so how do you protect against being hunted down? Do they all work anonymously? Like they all don't know each other? They just code without knowing each others identities? 😂 That's wild.
question for the pros: what would happen if states decide to ilegalize xmr and start to go after people that use it? I mean really go after them ... 😔🤔
It's already banned in most of the world, and no one has been arrested yet. It's a catch-22, it's getting banned because governments can't find the users, but because no one can find the users the government can't arrest them. If the government COULD find them then it wouldn't have been illegal in the first place. It's illegal in Japan, South Korea, Australia, China, India, Russia and some European countries.
Dumb question: If the network underwent a hard fork, isn't it true by definition that a new token got created? I.e. there are tokens on the old network ("old" tokens), tokens on the new network ("new" tokens), and new tokens can't be received on the old network and vice versa?
You have the same token in 2 blockchain. The new one, with the upgrades and the same value before the upgrade and the old one, useless and without value. The tokens of the new blockchain can’t be sent to the old blockchain and the tokens in the old blockchain can’t be sent to the new one.
Only if there is a split in the network and a certain amount of miners decide to mine the old chain. This never happens with Monero and everyone immediately moves to the new chain meaning that essentially the old blockchain is destroyed while the new one keeps operating. Monero has an extremely cohesive community of privacy enthusiasts that recognize the need to continuously update the chain which is why splits never happen.
Monero is cool, cuz most of the people using it are seeking privacy, not profits. Its community is more about the actual utility of the coin, not nearly as much speculation as other stuff.
Mental: "...Typically whenever some kind of analysis was discovered that would allow an adversary to reduce the anonymity of the network." Me: So they routinely discovered security bugs hackers could exploit! Mental: NO! They routinely discovered an ANALYSIS, not a BUG! And it's not security! It's just privacy, completely different. And it's an adversary, not a hacker! And they only increased the ring sizes when the discovered ANALYSIS was VERY IMPORTANT!
Nobody is trying to hide the fact that updates happen to fix bugs, Kenny just used clunky phrasing here. Literally every piece of software has bugs, at least in FOSS those bugs actually get found.
Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?
Probably the most private service out now considering you can mail in cash. There's always the argument of setting up your own stuff but that’s rather time and money intensive.
Just set up your own VPS with Wireguard if you want to maximize your privacy. It's cheaper than mullvad and you can use the server for more things than just running a VPN.
@@xXRealXx Yes you absolutely can. Google is filtering it but there is a specific VPS domain that allows you to register through TOR and only accepts Monero payments.
The weakest form of Monero in 2014 still hasn't been cracked, but it will eventually be cracked with the advent of quantum computers. Future Monero chain will be quantum cracking proof but retroactive blockchain activity will indeed be exposed. Doesn't matter though because they can't link identity to transactions unless they also unravel the end point of transactions which would still be protected by the newest technology.
[Disclaimer: I don’t know.] I’d guess that some things somewhat along those lines are possible, but there’s probably some conflicts between the things. Like, if a smart contract has some sort of control flow, then in order for info to not be revealed, would need to take the same number of steps to verify regardless of the inputs? Though, uh, maybe if the transaction was using something like a zksnark or bulletproof or something where instead of people verifying the transaction doing so by running the smart contract code, they instead just verified a proof that the the change in state is according to what the code prescribes, in some way where the proofs take constant time to verify? But, I don’t know.
CPUs instead of ASIC and intransparent Blocks + regular Hard Forks are nothing I would HODL.... but for a quick TX I would not mind using an "OK" Shitcoin like Monero. Also: China did nothing (lasting) to the BTC Hashrate. Look at the current Hashrate, its up. And the FEDs can't regulate anything inside BTC. Outside regulation can happen to monero as well, but both are ungovernable, which is nice.
@@SkyenNovaA True, but it has still really low hashrate - few miners and an intransparent Chain, which could propose bugs that never will be fixed. Even BTC had bugs like these, but no one could measure them in Monero.
I think it's possible to 3d print tokens with the value publicly visible yet with the private and public keys hidden. It should be possible to print two disks, where on the insides are the hidden keys, and on the outside is the "view only" key. The connection between the disks should be such that if you break it open, it cannot be restored. This is a potential way to make a new form of physical cash. I'm a huge proponent of physical cash if possible.
sync times are still a bit too slow to use especially if you compare it to the ease of using metamask for "normal" users. This is a tough sell unfortunately.
Zcash - You want your anonymity set to be maximally large not just 12 decoys. Choose a future proof design and accept no substitutes. (Zcash anonymity set is > 500k)
Monero has been a pain in the ass to use in my experience. I shitposted in the github issues because I've had to waste hours updating a whole chain of interlocking software to just check my wallet balance multiple times this year. Nobody is taking the whole "minor patches shouldn't introduce breaking changes" thing seriously, and it has been the standard for decades.
Tornado was a service that mixed all inputs together and pay out the same amount at the other end untraceably (This is called laundering, even if no tax is avoided). Monero isn't a service and your funds never get pooled with other funds. Your funds stay separate and the ring signatures is just merely hiding who is sending what, which is legal.
@@joey199412 you could argue that ring sigs are also some kind of mixing since we create decoys of signatures. There's even no way to distinguish between spent and unspent utxos on monero (it's not public information), which is only doable through a key image based on uniqueness of hash functions, not on spent/unspent state. Sounds like mixing to me.
@@lostphysicist Tornado cash got taken down on old laws that prohibit people from pooling in cash to launder the origins away. Monero doesn't do that on a protocol level, hiding who sent and received money is legal and in fact the standard with cash payments already which is why they can't legally pursue Monero unless they change the laws.
Monero, the only actually decentralized, anonymous currency that works as advertized
Still stick to regular dollars myself though
@@ProvAlex alright
@@gqc_gqc I mean, he’s right. Use Monero if you need to use the internet. Otherwise, real dollars are far more untraceable. If you gotta order illegal shit, or desire near complete anonymity in regular purchases, use dollars. If you can’t use dollars because of the internet, use Monero. Monero is really the only good crypto right now for anonymity and complete privacy. Dollars still manage to trump it if you can use them.
It’s simply harder to trace physical currency to an individual than the blockchain, Monero does a ton to obfuscate that, but it’s possible it can be broken, and it also takes time to verify transactions.
@@bradenculver7457 true
A basic ai can easily see through monero's decoy zero Knowledge trash technique. Get your Zcash anon.
The thing I like about monero is that it is a crypto that isn't made to be an investment to make you money but to use as a more anonymous option to make online purchases. Glad to see the devs think the same way.
Tons of crypto literally 1000s have been about being a actual currency and not a investment
I been in it since the beginning it was all about taking power away from banks then turned into quick cash schemes its sad the good coins are left to struggle as everyone trades the scam crap all risking a lot in hopes of crypto millions why these shitcoins appear everyday for almost a decade
@@primus711 I agree with you completely. XMR has become well known within at least the privacy community for being the go to option when it comes to using cryptocurrency for transactions, that's why I commented this
What can you purchase online with XMR though?
@@MaD_fX anything on the datknet
@@primus711 And that is precisely why it will never be widely adopted, it has the "coin for illegal shit" stigma attached to it.
How many Monero-chans can Kenny fit in one vid?
Kenny: Yes.
Monero-chan is quite an air head. Constantly forgets you. She's frustrating.
All of them.
especially the last pic in the video lol
Wtf monero-tan smo
smoking weed 😶🌫️
Images of Monero-chan bullying the IRS brings me joy
I think I will force my GF to do a Monero-Chan cosplay
Oh yeah! Just in time for the increase in size of the IRS.
Lol
Good fucking point
Monero is the only good 'coin' left. Everything else is heavily invested in by big government backed corporations. It really went to shit when people started seeing it as an investment rather than a currency.
Edit: In my opinion
@anpy The first bit is indisputable, but some people would rather milk money from something than let it live freely. It's a legitimate stance, but I dont agree with it.
@@cd-yx3nv don’t forget shiba
@@kiloton1920 😐
@@cd-yx3nv I recently made a frickin killing on shiba 1000% profit
Your opinion happens to be factual.
No project with an anime girl mascot has ever gone tits up.
examples?
@@mysticsky windows 7 is the best most recent version of windows
Monero is the closest thing to money in the crypto world.
I wish more people would accept monero payments for normal things
New upgrade on cake wallet allows you to trade XMR in your wallet for gift cards to major retailers, then use those to pay. So we’re getting there!
@@milesbrown3487 Only in the US (as a European monero user useless).
I wanted to see 17 to keep the prime number scheme going but do to size optimizations 16 was chosen.
Nice, I see you covered that. ;)
Dude this art work with the FGC-9 and the Monero is so cool.
@Mialisus Who is jstark85!?
If you can ever do a sit down with accountants and lawyers on monero I would love it
@hope very clever spam comment
I wish i knew of a way to push Monero into the mainstream rather than just telling whoever wants to listen.
The mainstream doesnt care. Try telling people at work for example. They dont care about privacy because its only for criminals anyway. 🤦🏻♂️
Don't
@@RealBullbear Mainstream people: Yeah ofc I have blinds at home, I don't want anyone seeing me naked! Also same people: Yeah, you can charge my credit card to buy that s-e-x doll and vibrator, no problem!
Open a shop or restaurant where people can use Monero to buy daily need stuff.
That psychologically makes people much more comfortable with owning and using Monero, because people subconsiously want money that ensures that thier belly is full, that ensures thier subsistence.
Let Monero be a part of having a good time with friends at a restaurant! Human are wired to like whatever makes that possible, at the moment it's [($)] green pieces of cotton paper or bank issued smartcards.
@@jannikheidemann3805 Good luck any accountant touching a business like that and the govt not shutting it down after the first month :)
View tags are a genius idea. Up to 50% reduced sync times all in *one byte* (!) and crucially without reducing privacy, which is the reason syncing takes so much longer than most coins in the first place. It's too early to see if it lives up to that claim but I don't see any reason why not. I expect it's been verified on Testnet months ago.
There's a great program that YT won't let me name. Clue: Peacocks have very colorful ones 😉 Fully open source and runs on all the major desktop platforms. It's incredibly easy to use compared to the official one and much faster, simpler and less bloated.
tails? feathers?
@@proloycodes The second one
@@JamesWilson01 ah okay, got it thanks!
why wont yt let you say it?
A few days ago I was in Stockholm, and randomly saw a few Monero logos sitting on public spaces (back of traffic signs, on train stations, etc). Just small stickers that someone (assumedly) put there. It sounds weird, but true.
I know, I see those stickers here in Germany as well
I wish you would see them on store fronts and counters.
A friend of mine with deep pockets got printed fuckton of the stickers and sent them to others, including one in Stockholm and they put them up like couple months back.
Same in Berlin wen i was there back in February
@@hhvhhvcz Hit me up id put them everywhere
I love monero
❤️❤️❤️
i love the republic
me too
@@d76458 same
Amogus
Kenny post one Monero-Chan for every new IRS agent.
3:52 "Now one thing that stands out about THIS ring size"
Oh I see
Still curious how will they "sanction" monero
They probably wont, since they use xmr to finance weapons etc. to some countries to fight proxy wars 🤫
I think the most vulnerable part of Monero is the developing team, so i'd say they'll try to hunt them down
@@n0v3r0n4 true
@@n0v3r0n4 so how do you protect against being hunted down? Do they all work anonymously? Like they all don't know each other? They just code without knowing each others identities? 😂 That's wild.
@@weiSane yes of course it is as wild as having chips or pizza without knowing who's exactly the potato or wheat/milk/potato/meat farmer 🤣
Perfect timing since ethereum ship is sinking with tornado.
Tornado isn't dead yet. It just got more inconvenient.
monero:16 irs:0
1:20 Thank you kenny for more content to watch, I would love to know more about Monero!
We love monero-chan!
She is very discrete and won't tell anyone what you did together.
Love your Monero content! Keep’em coming!
mega based
im starting to really believe in this project
Upgrades people UPGRADES
Kenny, your thumbnails are always the greatest
man your channel is great thanks for the work you're doing here
question for the pros: what would happen if states decide to ilegalize xmr and start to go after people that use it? I mean really go after them ... 😔🤔
Well, monero was created the way it is because they knew it will be evenatually banned. Its really hard to control
It's 'banned' in Australia
It's already banned in most of the world, and no one has been arrested yet. It's a catch-22, it's getting banned because governments can't find the users, but because no one can find the users the government can't arrest them. If the government COULD find them then it wouldn't have been illegal in the first place.
It's illegal in Japan, South Korea, Australia, China, India, Russia and some European countries.
@@ludiment do you get hunted down by kangaroos if you use it? 😂
@@rpe Yeah they turn up for a boxing match
Images in this one are goat tier
That Dr. Kim quote at the end was the best part.
Monero and mental outlaw 😍😍😍
Dumb question: If the network underwent a hard fork, isn't it true by definition that a new token got created? I.e. there are tokens on the old network ("old" tokens), tokens on the new network ("new" tokens), and new tokens can't be received on the old network and vice versa?
You have the same token in 2 blockchain. The new one, with the upgrades and the same value before the upgrade and the old one, useless and without value.
The tokens of the new blockchain can’t be sent to the old blockchain and the tokens in the old blockchain can’t be sent to the new one.
Only if there is a split in the network and a certain amount of miners decide to mine the old chain. This never happens with Monero and everyone immediately moves to the new chain meaning that essentially the old blockchain is destroyed while the new one keeps operating. Monero has an extremely cohesive community of privacy enthusiasts that recognize the need to continuously update the chain which is why splits never happen.
The babe, Renero Myuugu. Gotta love the Higurashi edits.
monero lookin kinda thicc
lets gooooooo
Monero is cool, cuz most of the people using it are seeking privacy, not profits. Its community is more about the actual utility of the coin, not nearly as much speculation as other stuff.
where
where is monero-chan in the thumbnail
Mental: "...Typically whenever some kind of analysis was discovered that would allow an adversary to reduce the anonymity of the network."
Me: So they routinely discovered security bugs hackers could exploit!
Mental: NO! They routinely discovered an ANALYSIS, not a BUG! And it's not security! It's just privacy, completely different. And it's an adversary, not a hacker! And they only increased the ring sizes when the discovered ANALYSIS was VERY IMPORTANT!
Nobody is trying to hide the fact that updates happen to fix bugs, Kenny just used clunky phrasing here.
Literally every piece of software has bugs, at least in FOSS those bugs actually get found.
Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?
Not related to the video but would you guys consider mullvad as the most private VPN?
Probably the most private service out now considering you can mail in cash.
There's always the argument of setting up your own stuff but that’s rather time and money intensive.
we're not here to conversate
Just set up your own VPS with Wireguard if you want to maximize your privacy. It's cheaper than mullvad and you can use the server for more things than just running a VPN.
@@joey199412 but you probably can't pay with it with monero or by mailing in cash
@@xXRealXx Yes you absolutely can. Google is filtering it but there is a specific VPS domain that allows you to register through TOR and only accepts Monero payments.
Always informative
Were there any big major trade-offs with this new update ?
So wait back when xmr was 5 or 7 rings does this mean the government can go back and tell who made those transactions?
That thumb nail with the Ghost of crypto past old man Mcafee really hit the feels ....RIP
Cool!
I am kind of a noob when it comes to crypto stuff, where can i purchase monero and what kind of wallet should i use?
Monero-chan looking like a snack 👀
Is that a Mazdaspeed 3 in the thumbnail? 🧐
Oh you really made the Monero video, thanks man
16 has gotta be one of my 8 favorite numbers
epic cash's mimblewimble > cliff > monero's rings
Where can you even buy it
is it still worth watching breaking monero when it is 4 years old and a lot of changes have been made since then?
Privacy is a human right. You know.
EffGeeCeeNine = based
Hey bro, love your content. How about to make a video about haveno exchange?
Bro, please try RTX Voice for your recordings (I hate background noises xD). But otherwise as always a great video!
Ask Nvidia to add that on Linux...
@@gamtax true 😂😂 do the recording on Windows then 🤷🏼♂️
@@flixz850 Please don't torture our bro Kenny. 😂
Monero-chan a cute!
Where do you get these beautiful memes? Please share the sources, or allow me to steal.
Edit: Please more workout videos
What prevents retrospective breaking of monero? The block chain history is forever?
Nothing. But it's been 6 years and no one has cracked it
@@bubbleboy821 It's been 8 years
The weakest form of Monero in 2014 still hasn't been cracked, but it will eventually be cracked with the advent of quantum computers. Future Monero chain will be quantum cracking proof but retroactive blockchain activity will indeed be exposed. Doesn't matter though because they can't link identity to transactions unless they also unravel the end point of transactions which would still be protected by the newest technology.
@@joey199412 If quantum computers ever become a thing, cracking blockchains will be the least of our worries
i used to have two but now i have one xmr. am i gmi?
Nice
Is there a monero for smart contracts? Is that actually useful & is that possible?
[Disclaimer: I don’t know.]
I’d guess that some things somewhat along those lines are possible, but there’s probably some conflicts between the things. Like, if a smart contract has some sort of control flow, then in order for info to not be revealed, would need to take the same number of steps to verify regardless of the inputs?
Though, uh, maybe if the transaction was using something like a zksnark or bulletproof or something where instead of people verifying the transaction doing so by running the smart contract code, they instead just verified a proof that the the change in state is according to what the code prescribes, in some way where the proofs take constant time to verify?
But, I don’t know.
what is the recommended wallet for monero atm?
CPUs instead of ASIC and intransparent Blocks + regular Hard Forks are nothing I would HODL.... but for a quick TX I would not mind using an "OK" Shitcoin like Monero. Also: China did nothing (lasting) to the BTC Hashrate. Look at the current Hashrate, its up. And the FEDs can't regulate anything inside BTC. Outside regulation can happen to monero as well, but both are ungovernable, which is nice.
@@SkyenNovaA True, but it has still really low hashrate - few miners and an intransparent Chain, which could propose bugs that never will be fixed. Even BTC had bugs like these, but no one could measure them in Monero.
Would you do a video about running your own Monero node?
I think it's possible to 3d print tokens with the value publicly visible yet with the private and public keys hidden. It should be possible to print two disks, where on the insides are the hidden keys, and on the outside is the "view only" key. The connection between the disks should be such that if you break it open, it cannot be restored. This is a potential way to make a new form of physical cash. I'm a huge proponent of physical cash if possible.
Dr Daniel Kim know’s his stuff.
how much XMR are you getting per day on that nice threadripper?
wownero
this video be like: monero anime, other anime characters, voice
Been picking up monero, as if it were btc in 2013
yayyy
That thumbnail tho 😂
BreakingMonero is fucking legit shout it out spread the word
I'm here for monero wifu images
sync times are still a bit too slow to use especially if you compare it to the ease of using metamask for "normal" users. This is a tough sell unfortunately.
3:17 weird you got no memes about her Ring size xd
6:03 WOW LMAO!
The las part Lmao!!
Monero Chan is cute
XMR is behind 16 proxies uncle sam wont know what hit em
I hope you have 41 fingers ruclips.net/video/TfDb3tvLbxQ/видео.html
Who is crypto?
Ligma Balls
the hacker known as 4chan
cryptling depression
Ma cousins
what's a linux?
How a crypto currency updates?
Zcash - You want your anonymity set to be maximally large not just 12 decoys. Choose a future proof design and accept no substitutes. (Zcash anonymity set is > 500k)
Zcash - Requires blind faith in a trusted setup
@@zimboiii9025 Zcash NU5 upgrade brought Halo2: No more trusted setup + Unlimited scalability + recursion + bridging. Sky is the limit. GL maintaining Monero's trashy code base
Shielded tx are extremely fingerprintable since they only represent 2%
@@tojabdhei4881 gg
👏🙂
I didn't notice the dog in the background
Anyone know when Binance or KuCoin will let us withdraw our Monero?
Bitcoin betas VS Monero Chads
Wher do u get these monere anime pics 🥴😳
Monero has been a pain in the ass to use in my experience. I shitposted in the github issues because I've had to waste hours updating a whole chain of interlocking software to just check my wallet balance multiple times this year. Nobody is taking the whole "minor patches shouldn't introduce breaking changes" thing seriously, and it has been the standard for decades.
Keep your wallet updated then. This is your error. Shitposting because you don't keep things up to date means you're 11yo.
What? Literally just open your wallet and you see your balance. It's one click.....
@@joey199412 not if you use a hardware wallet.
@@k98killer hardware wallets are for normies. Real Gs store the file wallet in encrypted USB
monero is my wife
Grand memes.
Wafiu everywhere...
can i have that picture of monero-themed rena?
Where the hell can I buy some
I wonder why we got a full-blown ban on Tornado Cash and not on Monero
Tornado cash wasn't a currency, or?
Tornado was a service that mixed all inputs together and pay out the same amount at the other end untraceably (This is called laundering, even if no tax is avoided). Monero isn't a service and your funds never get pooled with other funds. Your funds stay separate and the ring signatures is just merely hiding who is sending what, which is legal.
@@joey199412 you could argue that ring sigs are also some kind of mixing since we create decoys of signatures. There's even no way to distinguish between spent and unspent utxos on monero (it's not public information), which is only doable through a key image based on uniqueness of hash functions, not on spent/unspent state. Sounds like mixing to me.
@@lostphysicist Tornado cash got taken down on old laws that prohibit people from pooling in cash to launder the origins away. Monero doesn't do that on a protocol level, hiding who sent and received money is legal and in fact the standard with cash payments already which is why they can't legally pursue Monero unless they change the laws.
What does "hard fork" mean?
That you copy the whole thing into a new coin including the who blockchain up to the fork date
@@alfredo1valenzuela I see, thank you.