The Monero Standard #22: 27 July 2022 - 4 August 2022

Published:
By Kivojo

Monero Standard

Table of Contents

Recent News

  • Alex from LocalMonero was interviewed by The Hated One about "cryptocurrency and corrupted YouTubers", see the interview here.
  • MineXMR.com, the controversial pool due to recent centralization concerns, is set to shut down on August 12th (one day before the hardfork). They recommended p2pool as an alternative to the pool's miners.

"MineXMR is dead, long live P2Pool!

  • MoneroMarket.io, an ebay-like website with escrow and XMR got launched.
  • Monero blockchain has had the most busy month in July confirming transactions, with a new all-time high of ~963K.

Price and Blockchain Statistics

StatisticsValue
Market Capitalization$2.935 billion
Total Supply18,156,481 XMR
Price$161.67, 0.42% in 7 days
LocalMonero's Street Price$164.69
Suggested Transaction Fee4 piconero per byte
Block Height2,682,166
Block Reward0.6000+0.00451 XMR ($97.73)
Inflation0.89%
Hashrate2.463 Ghash/s +7.01% in 24 hours
Transaction Ratio to Bitcoin11.3%

Price Chart

Price Chart

Hashrate Distribution

Hashrate Distribution

Facts or Guides

  • None for this issue. Consider prior ones.

Merchants

For lists of merchants and businesses related to Monero, consider Monerica, official website's 'merchants' page and prior issues of this magazine.

Notable Projects

  • 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.
  • 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 have had the pleasure to use their arts because we're too lazy. :)
  • 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.
  • p2pool-report, a script helping you generate P2Pool mining revenue reports

Funding

CCS

Ideas:
Funding Required:
  • N/A

Meme of the Week

Study Time

The R Word: GDP Shrinks Again as Biden Quibbles over the Definition of "Recession" by Mises.org

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

Donation QR Code 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.