Buying Monero P2P | MONERO MONTHLY 03

13 snips

Mar 11, 2025

This episode explores the latest in Monero, focusing on pivotal updates and peer-to-peer exchanges like RoboSats and Bisq. A discussion on the privacy implications of ring signatures raises eyebrows with new research suggesting vulnerabilities. The team dives into the balance between anonymity and liquidity, especially relevant for high-stakes transactions. Community contributions shine throughout, with insights on maintaining nodes and enhancing engagement, all while keeping the tone lively and entertaining.

Ask episode

Chapters

Transcript

Episode notes

Intro

00:00 • 1min

Navigating Monero: Updates and Decentralized Exchanges

01:23 • 19min

Enhancing Privacy in Monero Transactions

20:03 • 18min

Monero Transparency and Security Updates

38:09 • 7min

Community Contributions and Monero Services

45:24 • 2min

Anonymity vs. Liquidity in Crypto

47:42 • 15min

Monero and Community Engagement

01:02:24 • 8min

Community Engagement in Cryptocurrency

01:10:16 • 4min

Reflections on Community Growth and Cryptocurrency Tools

01:14:16 • 4min

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

IMPORTANT LINKS

VALUE FOR VALUE

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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!

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