check out my latest article on BRICS Pay and their proposed crytpocurrency: ‘the unit’

https://blakelovewell.com/brics-coin-the-unit-vs-the-dollar/

russia is full tilt heading towards a cbdc system,

but building a parallel financial infrastructure, along with the rest of BRICS, outside of USA/Western control

regarding Haveno - it’s early days. localmonero was big here in the UK but got scared off with the latest tranche of anti-crypto legislation

haveno isn’t big at all, usually I see <10 nodes running at any one time. But if it’s the only option then it will catch on. necessity is the mother of invention!

Just to keep the system battle hardened I am considering creating a whole mess of long-duration unlock-time transactions

Then opening an XMR faucet to distribute those limited edition tx to worthy hodlers before FCMP++

+_+

would love a monero atm

derolytics

nice

monero stronk

good post

Simplex is fine

link is dead : “No longer available”

found more info on the git : https://github.com/KewbitXMR/haveno-app

looks promising but very beta - haveno app is on testnet

for the up to date haveno program visit : https://haveno-reto.com/#downloads

just downloaded v1.0.11

wallet sync takes about 15min on regular pc. still fewer than 10 peers live, but many more trades than a couple of months ago.

################# PS: listen to Assange : “algorithms to protect people’s privacy” @ 1:28:24

https://www.youtube.com/watch?v=Mq85IZMeigc&t=745s

Make the site look cool:

Monero statistics : network hash rate, tx avg confirmation time etc.

Use sweet matrix green on black font

Wallet download on home page (get monero? get monero now!)

more cool shit, futuristic design, scrolling text

don8d

Dynamic Intelligent Currency Encryption (DICE) is a technological concept designed to enhance the security of paper currency. The system tracks and monitors banknotes in circulation using identifiable characteristics, allowing for the remote devaluation of banknotes involved in fraudulent activities or criminal transactions

https://en.wikipedia.org/wiki/Dynamic_intelligent_currency_encryption

lol

heavy

again with the vague definitions

methadone good, heroin bad. you get your morals from the govt? lame

dont forget stablecoins

i’m skeptical of this plan

good ep. will be interesting to see how this develops

and lol @ libertarians saying, “I never vote but I’ll vote trump if he promises to free ross”

also ddos attacks on multiple remaining exchanges - wizardswap, trocador among others in the last week.

some have suggested this corrals sites + services onto cloudflare as a chokepoint for future censorship.

however xmr keeps on ticking even despite mempool flooding last month.

I regularly run Haveno Reto, it’s max userbase is 10 but the average is about 8 online at any one time.

I don’t think that it’s a honeypot as it doesn’t make sense. The author argues that the main vulnerability is the manipulation of node selection - but users are free to self-host nodes and use any node, it’s not baked into the program. Anyone can set up a ‘malicious’’ Monero node anyhow. As others have mentioned it seems like the kid who wrote the diss track doesn’t really know what’s going on (was it Majestic?). Lastly, they end by saying they are a competitor - but they just stopped their work on a localmonero clone - and are leaving the community forever - but please share this post around. Something smells off. But we have to take each anonymous opinion semi-seriously in the internet apparently.

Besides all that, Haveno’s not used very much (yet?). There are a few trades offered but none in my jurisdiction. Perhaps this will grow with time, but as yet we aren’t seeing ‘mass adoption’ despite delisting and shutdowns of other p2p exchanges.

I’m more up for posting crypto > XMR trades but it’s not quite clear to me how ‘Instant’ crypto trades are settled, and there was a recent warning about unfulfilled instant crypto-xmr trades being punished. It would be nice to just post up liquidity with a small margin and have it be able to autocomplete trades whilst afk. A boy can dream!

If I were to make the case against Haveno it would be thus:

1. There is no account reputation, like localmonero, to identify users who have regularly fulfilled contracts and are more trustworthy.

1.a. This means that I personally would want 100% backing of the deal in Haveno, which locks away someone’s xmr, an unappealing offer.

1.b. Even then we would depend on the fair arbitration to ensure the deal was finished. Fine for crypto trades within Haveno but cash by mail trades? It took localmonero/agora a long time to establish its reputation, and it is a tough job to arbitrate even with 2 benign actors.

2. I have not seen enough evidence that the Arbitrators are fair, non-malicious actors. This is not to say they are bad actors - just there isn’t evidence either way.

2.b. The first username I saw of an arbitrator was on the aforementioned warning notice which (no shade) wasn’t written in the best English, I suspect English as 2nd language bu. Hopefully this improves.

3. When it was released upon the public, people talked about multiple Haveno instances in competition, muh free market. However, it quickly dwindled to one - I see this as a vulnerability. Even if the diss track’s critique is not valid, it could still be compromised in some unknown way and we wouldn’t have another instance of Haveno viable as an alternative. There was HardenedSteel but it was quickly deprecated. Does anyone know of another instance? I’d happily run both.

tl;dr : despite being a decentralised p2p facility, Haveno Reto depends on good-faith in arbitrators and whilst it’s in beta it’s an easy target for fud.

jokes on you, you can’t buy monero on centralised exchanges!

hi majestic

isn’t it 16^2 ?

must have mixed up your site with another that had online privacy guides

sounds a bit paranoid to be fair

once again i don’t know majestic and have no interest.

but I know Tux is a solid guy, I trust his opinion. he’s also a busy guy - I don’t think there’s an international conspiracy paying random small-time accounts to occasionally bash the reputation of a dodgy exchange. or that the exchange is so good and unique that it attracts the ire of bigger powers, it seems very unlikely to me.

are you pro-majestic? if so, can you make an iron man case for the exchange?

once again, I don’t actually care about majestic but I’m interested that good info is being passed around the community - particularly at this pivotal era where exchanges are key