The Monero Standard #14: 18 May 2022 - 25 May 2022
Table of Contents
- Recent News
- Price and Blockchain Statistics
- Facts or Guides
- Merchants
- Notable Projects
- Funding
- Meme of the Week
- Study Time
- Donation and Contact
Recent News
- FeatherWallet merged the Polyseed feature which lets to create wallets that are 16-words long and include the birthday of the wallet to optimize restoring from seed.
- Reminder that Monero's Tail Emission starts on June 8.
- Shruum Wallet v1.2.0 has been released. Make sure to add the repository in your F-Droid client.
- Monerujo v2.4.3 "Baldaŭ" has been released with added support for Ledger Nano S Plus.
- Cake Wallet v4.4.1 and Monero.com v1.0.6 have been released.
- Pluja announced an improved version of ISeeYour.Cash, a search engine for scanning social media profiles for their BTC, ETH or XNO funds.
Price and Blockchain Statistics
| Statistics | Value |
|---|---|
| Market Capitalization | $3.701 billion |
| Total Supply | 18,126,035 XMR |
| Price | $204.17, +31.33% in 7 days |
| LocalMonero's Street Price | $211.53 |
| Average Transaction Fee | 0.000093 XMR ($0.019) |
| Block Height | 2,631,521 |
| Block Reward | 0.6117+0.00359 XMR ($125.63) |
| Inflation | 0.88% |
| Hashrate | 2.724 Ghash/s +3.01% in 24 hours |
| Transaction Ratio to Bitcoin | 10.9% |
Price Chart
Hashrate Distribution
Facts or Guides
P2Pool Mining Guide
P2Pool enables the trustless/permissionless mining on a chain so that no single entity could abuse the hashpower. With integration of P2Pool mining in official Monero GUI the amount of miners on mini-p2pool chain (chain for low-hash miners) has reached ~2000 members. In this guide I'll show you how to mine on P2Pool and help further decentralize the network for some sweet-sweet Moneroj.
P2Pool combines the advantages of pool and solo mining in a way that you still get frequent payouts but with complete control over your hashpower and node. You should have the latest version of Monero GUI wallet that you can download from here, pick "Advanced Mode" in Mode Selection, set up your wallet, set "Start a node automatically in background" in Daemon Settings (Alternatively use a P2Pool-compatible remote node; p2pmd.xmrvsbeast.com or myxmr.net on RPC:18081 and ZMQ:18083) and after the sync is done go to "Advanced -> Mining" and choose P2Pool as your Mining Mode (Choose Chain: Mini if bellow 50 kH/s).
Make sure to check this piece on LocalMonero Knowledge Base about P2Pool.
Merchants
KYCNot.Me Service Directory
KYCNot.me is a directory for exchanges and businesses that don't require KYC (Know Your Customer). The "Service" page in this site is a resourceful place to find new things to do with your Moneroj.
Notable Projects
Monero
- MoneroOutreach.org has a very detailed article for newcomers and how they can help and contribute to the idea and philosophy of Monero, check them out. Also be sure to check this article in LocalMonero's Knowledge Base.
- Monero Bounties website is a well-written and up-to-date source of Monero projects.
- Help test the upcoming major Monero release for bugs
Other
- LibRedirect is a free-software extension for major browsers (currently available for Firefox and Edge in their native stores) that redirects you to privacy-preserving alternatives for many mainstream online services such as YouTube, Reddit, Twitter, Wikipedia and more. Their GitHub repo is available here. Please note that Tor Browser developers advise not to install any additional extension into their browser, LibreWolf and Brave seem to be fine.
- Monero Art Fund is a community effort of artists and designers who try to provide the community with the latest gorgeous designs of MoneroChan, the anime girl becoming the mascot of Monero. If you enjoyed the art, support them by donation to help them continue. We at this newsletter had the pleasure to use their arts because we're too lazy. :)
Funding
CCS
Ideas:
- jeffro256: part-time dev work 2022Q3
- Moneroj.net improvements, articles and maintenance (3 months)
- Research Computing Upgrade
- Monero business kit
- Patronero - Open Source project for donating by mining
- Translation of Monero GUI Wallet, CLI Wallet, monero-site, Behavioral Finance, Cryptocurrency Markets (subtitles), Moneropedia, User Guides to Greek
- Monero Afghanistan Expansion Strategy
Funding Required:
Monerujo Funding
- N/A
Meme of the Week
Study Time
Solving The Web3 Privacy Problem
Donation and Contact
This newsletter is one of my dedicated jobs and LocalMonero pays me for writing it, but if you've found it informative and helpful, here is my wallet address:
89gUNDWHpNBD59eqJHcyg9RRfZ9xPBqdXKgVhLiYonhtjFMtmKJDumCRD3EWvmXeogKs5Jh4jfnUhdyif2U3tbT3Liu7F3M
Thank you!
Contact Me
Found anything worth noting? Want to send something to be included in the next issue? Want to chat about something?
You can contact me on XMPP and Matrix.
Be aware that Matrix is centralized due to the fact that most people make an account on Matrix.org operated by the Matrix Foundation - That's a lot of metadata controlled unjust by just one entity.