The Monero Standard #5: 16 March 2022 - 23 March 2022
Table of Contents
- Recent News
- Price and Blockchain Statistics
- Fun Facts
- Merchants
- Notable Projects
- Funding
- Meme of the Week
- Study Time
- Donation and Contact
Recent News
- SethForPrivacy published "Monero’s Ring Signatures vs CoinJoin Like in Wasabi" discussing the differences between each one and how ring signatures are a superior form of obfuscation.
- Haveno Core Team (HCT) proposed its second Haveno front-end development CCS after their first one came under community's scrutiny and received numerous backlashes and this time asking for $154K instead of $231K.
- Tipxmr has reached its first milestone. Tipxmr is a free-software, non-custodial Monero livestream-tipping service you can use to get Monero donations when using OBS.
- Willpower and Margaux released a hip-hop track called "Pay Me in Monero".
- Kucoin caught doing fractional-reserving on its Monero reserves, claiming to have 9M XMR in their lend platform. Remember to bring your cryptocurrencies home if you believe in it; not your keys not your coins. Advise others to do so.
- John Foss, author of Monero Moon newsletter, in a twitter thread called "Financial Privacy is not a Crime" tried to demonstrate his points for it.
- Justin Ehrenhofer wrote a piece called "Without Privacy, We Are Creating Systems to Discriminate".
Price and Blockchain Statistics
| Statistics | Value |
|---|---|
| Market Capitalization | $3.50 billion |
| Total Supply | 18,096,736 XMR |
| Price | $193.23 |
| LocalMonero's Street Price | $194.31 |
| Average Transaction Fee | 0.00014 XMR ($0.026) |
| Block Height | 2,585,705 |
| Block Reward | 0.6675+0.00411 XMR ($129.61) |
| Inflation | 0.97% |
| Hashrate | 2.74 Gh/s |
| Transaction Ratio to Bitcoin | 9% |
Price Chart
Hashrate Distribution
Fun Facts
X in XMR
Based on ISO 4217 that describes a standard for currency names, words like USD and EUR came to existence. But did you know in that same standard, currencies that described as "supernational" or "X currencies" exist that defines that a universal currency should start with letter X. Here goes XMR.
Merchants
Privex hosting company
Privex is a small technology company that currently focuses on affordable privacy-minded infrastructure, primarily Dedicated and Virtual (VPS) Servers available in various regions of the world. They have an I2P eepsite at this address, privex.i2p, work without JavaScript and also accepting Monero.
Notable Projects
How to Help 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.
- Rucknium placed a bounty on Monero Bounties website for creating a Bitcoin-Cash <-> Monero atomic swaps. Current bounty is 1.20471 XMR and and 0.46828024 BCH. You either can donate XMR or BCH to raise the bounty or take a shot and try to claim it.
- MyMonero is asking for users to test their beta iOS wallet and report feedbacks. Be sure to note that MyMonero is a light wallet, meaning that MyMonero's centralized structures and servers are being used to keep track of your received Monero by keeping your view-keys.
- Monero-python v1.0 has been released. Monero-python is a python module you can use to integrate python programs with Monero.
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:
- Haveno frontend development
- The Monero Moon CCS proposal - March 2022
- whatnero_android_app
- Help Ukraine to use ONLY Monero
- Monero Afghanistan Expansion Strategy
Funding Required:
- mj part time coding 2022-03
- escapethe3RA Monero Observer maintenance (Spring 2022)
- koe: Seraphis Wallet Proof-of-Concept
Monerujo Funding
- N/A
Meme of the Week
Study Time
Time for a break from all those boring books. Maybe you should take a look at prior study suggestions in Monero Standard.
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.