Monero prides itself on privacy. But what happens when this privacy is threatened?
Enter the Black Marble Theory - a potential Achilles' heel for the network.
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The theory revolves around an attacker flooding the network with their own transactions (black marbles) among legitimate ones (white marbles). The goal? To dilute the anonymity pool and potentially identify real transactions.
This sudden influx can decrease the mean effective ring size - the crux of Monero's privacy. A lower ring size means reduced anonymity, making it easier to guess the real transactions amid decoys.
The March 2024 spike in Monero transactions above 100,000 per day brought this theory to life, raising questions about network resilience against such privacy attacks and the need for robust countermeasures.
In his research titled “Monero Black Marble Flood” from Rucknium he points out, that the effective ring size has decreased from 16 to 5.5 in that time.
As of March 27th, this possible attack has ended and Monero transactions have fallen to pre-attack levels about 30,000 per day.
https://bitinfocharts.com/comparison/monero-transactions.html#3m
Monero is not standing still. The upcoming Seraphis upgrade is set to revolutionize privacy with a default ring size of 128, making transactions more anonymous than ever.
https://www.getmonero.org/2021/12/22/what-is-seraphis.html
Further boosting Monero's privacy, Full Chain Membership Proofs will ensure every transaction is verified across the entire blockchain, significantly enhancing security and anonymity. A game-changer for blockchain privacy!
“The free market is the only mechanism that has ever been discovered for achieving participatory democracy.”
Murray Rothbard, #FreeRoss
Worth reading!
Monero Black Marble Flooding
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GM – 26,405 XMR txs today
Current Monero transactions:
33,404
The attack appears to be over.
Free Speech is being destroyed in a six-square-meter British high-security prison. #FreeAssangeNOW
Fiat money only knows one direction: inflation.
https://www.visualcapitalist.com/g20-inflation-rates-feb-2024-vs-covid-peak/
Most Ways Of Buying XMR Requires KYC
https://www.reddit.com/r/Monero/comments/1bpg2do/most_ways_of_buying_xmr_requires_kyc/
“The greater the power, the more dangerous the abuse.”
Julian Assange
Following malicious apps turn Android smartphones into proxy nodes:
app.litevpn.androidcom.anims.keyboardcom.blazestridecom.bytebladevpncom.captaindroid.android12.launchercom.captaindroid.android13.launchercom.captaindroid.android14.launchercom.captaindroid.feedscom.captaindroid.free.old.classic.moviescom.captaindroid.phone.comparisoncom.fastflyvpncom.fastfoxvpncom.fastlinevpn.androidcom.funnychar.ginganimationcom.limo.edgescom.okovpn.appcom.phone_app.launchercom.quickflowvpncom.samplevpncom.securethundercom.shinesecurecom.speedsurfcom.swiftshield.androidcom.turbotrackvpncom.turbotunnelvpncom.yellowflashvpnio.vpnultrarun.vpn
If you still have one of these apps on your smartphone, possibly from other sources, you should remove them manually.
There is no need for over-regulated centralized exchanges by the government when we can simply use decentralized exchanges like Bisq and LocalMonero.
More -> https://kycnot.me/?t=exchange&q=&xmr=on
“The World Health Organization, United Nations, and the World Economic Forum shall have no jurisdiction or power within the state of Louisiana. No rule, regulation, fee, tax, policy, or mandate of any kind of the World Health Organization, United Nations, and the World Economic Forum shall be enforced or implemented by the state of Louisiana or any agency, department, board, commission, political subdivision, governmental entity of the state, parish, municipality, or any other political entity.”
#EndTheWHO #EndTheWEF #EndTheUN
Ross Ulbricht, creator of Silk Road, an online marketplace, was sentenced to double life imprisonment plus 40 years without parole for non-violent charges related to the platform.
The Silk Road facilitated transactions primarily for drugs but also offered legal goods. Ulbricht argued he created it for harm reduction and privacy, not profit.
Despite no evidence linking him to violence, Ulbricht received an extreme sentence, raising concerns about judicial overreach and the erosion of digital freedoms.
Ulbricht's case highlights the need for criminal justice reform and reevaluation of drug policies. It's a stark reminder of the dangers of government overreach in the digital age. #FreeRoss
Privacy > Price
Electing a different government doesn't make it less communism.
One of the greatest economic insights from the Austrian School of Economics is the emphasis on the subjective nature of value and the importance of individual preferences in economic decision-making.
This perspective, championed by economists like Ludwig von Mises and Carl Menger, highlights that value is not intrinsic to goods or services but rather arises from the subjective preferences of individuals.
This insight forms the basis for understanding market prices, consumer choice, and entrepreneurial decision-making in a dynamic and ever-changing economy.
A bank in Spain suddenly requires its existing customers to provide certified proof of employment without legal justification and threatens to terminate their account if they do not. Is a new standard being set here? (Source in German)
📣 The High Court in London has given the US government three weeks to ensure that Julian Assange can invoke the First Amendment of the US Constitution (which protects free speech). #FreeAssangeNOW