New to Lemmy. A privacy advocate. Interested in number theory.

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Cake day: July 17th, 2023

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  • Saki@monero.towntoPrivacy Guides@lemmy.oneMost private crypto wallet?
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    7 months ago

    If you’re familiar with Electrum and migrating to the privacy coin, Feather may be a convenient choice.

    The fundamental problem for you might not be the wallet; but KYC vs. non-KYC. Is it allowed to post a link or mention specific platforms here? You may want to check a website about no-kyc and try a trusted, no-kyc platform—not a CEX but a DEX (pure P2P), so no company can monitor your private life (related to shopping). You can browse monero.town, which is a friendly Lemmy instance of !privacyguides@lemmy.one in the sense that Monero is recomended on the official site of Privacy Gudies: https://www.privacyguides.org/en/cryptocurrency/ (I’m a mod from !privacy@monero.town)

    The tricky part is, if you have been once KYCed, your privacy invaded, then you couldn’t undo it (un-KYC it). You may need to start over, creating totally new addresses, doing everything anonymously over Tor. If you’re not that privacy-oriented, you can just swap the KYC coin you have to Monero, and you’ll be invisible from that point.

    But Moneo is not magic to solve everything. DYOR and stay safe!



  • Exactly, except not “the entire”, but “almost entire”?

    Monero has been largely detached from CEXes, no companies, no middle men… Many users still have that idealism, a cypherpunk philosophy, that which Bitcoin tried to achieve originally. It’s community-based and crowd-funded… Some of that fund was stolen, so we’ve got to admit that the Monero community was not so smart after all… Yeah, a bit embarrassing tbh. To err is human, I guess.

    For example, we do have a zero-fee donation site kuno.anne.media and recently help some girl buy a laptop or doing things like that. Some of Monero users are idealists by nature, maybe silly dreamers or naive philosophers, but definitely not greedy HODLERs. Weird people, either way, haha 😅


  • The linked article (and so AutoTL;DR) is not very accurate. If you’re interested in this incident, read the original post, which is short and compact. General media articles are only quoting or re-quoting this thread, typically with some misunderstanding.

    Specifically (about this post): Among other things, multisig is only suggested; nothing has been decided yet.

    Generally (in many similar articles): Probably a specific local machine was hacked, though no one really knows yet what happened. It’s unlikely that the Monero network itself was hacked.

    Since I’m a Monero supporter, obviously I tend to say good things about it, but frankly, the ironical fact here is, Monero is so privacy-focused that when something like this happens, it’s difficult to identify the attacker—i.e. by design Monero also protects the identity of the attacker. Some Monero users are having this weird, paradoxical feeling: it would be nice if we could catch this evil attacker, but being able to catch the attacker would be in a way very bad news for Monero (if you know what I mean) 😕