Avatar
Antonius Magnuss
b063998051d2c590017945538f87bec11ee01ca0414291d6f98875730a040b75
Replying to Avatar mcneb10

There’s too much cool stuff to list here but have a look at the official website at https://getmonero.org. https://monero.garden is another introductory website. If you want a beginner friendly book that goes into depth about how monero works, have a look at mastering monero (you can download the pdf for free).

As for what the value is based on, the same as bitcoin: basically nothing. Just what people are willing to pay for it.

Besides privacy, the community is small but extremely dedicated and tight nit. Monero is also interesting because can be mined on CPU and is currently a good mining currency. The mining algorithm that it uses is cool because it works best on CPUs and makes ASICs unprofitable for now preventing centralization of mining (which has happened to bitcoin due to asics unfortunately)

Interesting. So since there is no ASIC, does that mean there is some kind of kernel bypass implemented in software?

It’s funny you mention that because there’s other hardware I’ve seen this happen to. Removing the reliance on an ASIC and doing it mostly in software (leveraging kernel bypass/user space since forwarding in kernel is slow), and using the CPU more heavily, especially the cache.

To the other points, thanks! I’ll check it out

Replying to Avatar Pj

Nope

Ok. Do you have any recommendations for reading you can point me to? What is its value based on? What makes it special outside of the privacy element?

Question for the crypto folks: Is #Monero a shitcoin?

Privacy features aside…

Just like those who don’t have children shouldn’t be talking about family-related things, those who don’t have experience in the world of understanding causality of violence shouldn’t be telling folks how to use their weapons.

Same applies with an obese person telling me how to get fit.

This is a simple concept. Skin in the game.

Ain’t got it, keep your trap shut.

First post. I like the minimalist vibes. KISS