Reflections on Community Growth and Cryptocurrency Tools

Welcome back to Monero Monthly, where Max and Seth dive into the past month in the world of Monero. They cover key topics, exciting updates, and questions from the community, delivering top-notch information with a touch of misfit flair.

P2P Exchanges

Mediated swaps:

• LocalMonero (may it RIP, will see if something takes it's place)
• Haveno via RetoSwap (fiat <> XMR and crypto <> XMR)
• Bisq (BTC <> XMR)
• Robosats (BTC <> XMR)
• AMMs
  • Serai (coming soonTM)

Atomic Swaps

• BasicSwap
• UnstoppableSwap
  
  

General

• Rucknium, a researcher, has released his work on statistical analysis of ring signatures in Monero
  • https://github.com/Rucknium/OSPEAD/blob/main/README.md

At current Monero ring size of 16, the theoretical minimum attack success through completely random guessing would be 1/16 = 6.25%. According to preliminary estimates, an adversary could take advantage of the divergence between the real spend age distribution and the status quo decoy distribution to achieve an attack success probability of 23.5%, on average, since the August 2022 hard fork. This corresponds to an effective ring size of 4.2. The attack success probability prior to August 2022 may be higher, but this was not measured due to time constraints.

• Monero can easily scale to Bitcoin's transaction throughput on-chain
  • https://www.reddit.com/r/Monero/comments/1iimio0/this_is_how_many_transactions_monero_can_handle/
  • Doesn't account for self-custodial Lightning transactions, of course
• Fantastic post on Monero's upcoming addressing scheme update, CARROT
  • https://www.reddit.com/r/Monero/comments/1iph8fz/more_vitamins_for_monero_with_carrot_part_1/
• Monero Core Team posts funding transparency report
  • https://www.reddit.com/r/Monero/comments/1iixgk9/monero_general_fund_transparency_report_february/
  • Explain Monero Core team!

Software updates

• Cake Wallet releases v4.23.0 and v4.23.2
  • Monero passphrase support for new and existing wallets
  • https://blog.cakewallet.com/cake-wallet-releases-improvements-to-zano-ledger-ethereum-and-more-v4-23-2-2/
  • https://blog.cakewallet.com/cake-wallet-zano-integration-and-monero-passphrases-v4-23/
• Monero v0.18.4.0 is right around the corner
  • https://monero.observer/selsta-posts-monero-v0.18.4.0-release-to-do-list/
  • https://github.com/monero-project/monero/issues/9758

Links From the Episode

• https://mynymbox.io/
• Monerujo update
• https://docs.cakewallet.com/

IMPORTANT LINKS

• https://freesamourai.com
• https://p2prights.org/donate.html
• https://ungovernablemisfits.com

VALUE FOR VALUE

Thanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.

You can support this episode using your time, talent or treasure.

TIME:

- create fountain clips for the show
- create a meetup
- help boost the signal on social media

TALENT:

- create ungovernable misfit inspired art, animation or music
- design or implement some software that can make the podcast better
- use whatever talents you have to make a contribution to the show!

TREASURE:

- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com
- DONATE via Paynym @ https://paynym.rs/+misfit
- DONATE via Monero @ https://xmrchat.com/ugmf
- BUY SOME STICKERS @ https://www.ungovernablemisfits.com/shop/

CAKE WALLET

https://cakewallet.com

Cake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.

Features:
- Built-in Exchange: Swap easily between Bitcoin and Monero.
- User-Friendly: Simple interface for all users.

Monero Users:
- Batch Transactions: Send multiple payments at once.
- Faster Syncing: Optimized syncing via specified restore heights
- Proxy Support: Enhance privacy with proxy node options.

Bitcoin Users:
- Coin Control: Manage your transactions effectively.
- Silent Payments: Static bitcoin addresses
- Batch Transactions: Streamline your payment process.

Thank you Cake Wallet for sponsoring the show!

FOUNDATION

https://foundation.xyz/ungovernable

Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.

As a sovereign computing company, Foundation is the antithesis of today’s tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can’t be evil”.

Thank you Foundation Devices for sponsoring the show!

Use code: Ungovernable for $10 off of your purchase