The Monero Moon (Issue 32)
The Monero Moon is a curated weekly newsletter regarding all things Monero.
March 2nd 2022
Development, Releases, and Technology
The next Monero Research Lab meeting is scheduled to take place today — Wednesday, March 2nd 2022 at 17:00 UTC. The meeting will take place on the #monero-research-lab IRC channel. Among other things, the meeting will discuss Monero’s fee policy and dynamic block size for the upcoming network upgrade Fluorine Fermi.
Rucknium and plowsof have set up Moneroresearch.info to store Monero-related research papers. MoneroResearch.info hosts a collection of research papers relevant to improving Monero, powered by the WIKINDX open source software. Check out the website here.
P2Pool version 1.8 has been released and is a recommended update! The update includes stricter P2P protocol checks to detect misbehaving P2Pool nodes and reduced overall memory usage.
Seth For Privacy has set up a ‘SHTF’ node on an old Pixel with a smashed screen. This is easy to set up thanks to Crypto Grampy’s work, and you should give it a try to help support the Monero network! More information can be found here and here.
Wondering how Monero stacks up against other privacy coins in regards to usage? Justin Ehrenhofer provided a graph showing that while XMR usage is down 5% from December 2021 to January 2022, it still dwarves Zcash.
Additionally, Ehrenhofer also shared a graph of Monero and Zcash usage dating back to 2016.
To celebrate Orbot’s release on iOS, The Cake Wallet team sent Monero from Cake Wallet on iOS to Cake Wallet on Android, with both phone network connections hidden through Tor using Orbot! Watch it below.
hyahatiph-labs have released an experimental Monero browser integration to be used on Monero’s testnet. Check it out here. Please note that some Monero users have pointed out that because it requires a custom binary it may be best avoided, however because it’s for testnet it still may be suitable for those interested.
Keyboard Warrior shared a blog post titled Hunting For Logic Bugs In Monero. The post is a deep dive into how Monero processes blocks and protects against double-spends, and discusses how they found a bug which did not end up being a security vulnerability.
Wondering how you can get involved and contribute to the Monero Community? LocalMonero.co have published an article titled Contributing Back to Monero. Have a read of it to find out how you can get involved!
General News
The next MoneroKon 2022 Planning Meeting is scheduled to take place on Sunday, March 6th 2022 at 18:00 UTC in the #monero-events IRC channel. Additionally, check out the MoneroKon 2022 website for more information on the upcoming Monero conference to be held in Lisbon in June 2022. They are also accepting presentation and workshop proposals if you want to get involved.
In light of the recent Ethereum DAO hack revelations and the Canadian truckers having their Bitcoin transactions traced, you may be curious to learn how Bitcoin is deeply flawed as a tool for privacy and freedom. Check out Seth Simmons’ long time running and periodically updated blog called Bitcoin’s Fungibility Graveyard which “is a list of sources confirming cases of flagging, denied withdrawals, denied deposits, and censorship by services because of a distinct lack of fungibility within Bitcoin”. Check out the webpage here.
Seth For Privacy also highlighted the problems Bitcoin brings from it not being fungible like Monero. Bitcoin donated to Canadian Trucker protesters has been on the move and is closely watched even though authorities haven’t frozen the wallets. It is very possible crypto exchanges that receive these funds may have to comply with sanctions and freeze the Bitcoin if they haven’t already.
Monero Talk recently interviewed Vanessa Harris, Chief Product Officer of Permission, a platform for Web3 advertising, connecting brands and consumers through crypto rewards. In the episode Vanessa shares why we need a fully anonymous, digital cash in an authoritarian rule.
Spanish speaking Monero podcast El Monero have published 20 Mesa Redonda V. Listen to it below.
It has been reported by the New York Times that Swiss banks are breaking a long-standing policy of neutrality by freezing the funds of major Russian figures. You can read more here.
Coindesk and BTC-ECHO reported a new version of the Markets in Crypto Assets (MiCA) legislation removes controversial wording that would have banned cryptocurrencies like Monero and Bitcoin that use Proof of Work.
XMR Radio have shared their Quarterly Transparency Report #3. Information about their operations and plans to broadcast live from MoneroKon 2022 can be found here.
Monero Observer published Monero Observer Blitz #7 — February 2022, a monthly recap of Monero news. Check it out here!
LocalMonero.co have released The Monero Standard #1: 30 January 2022–20 February 2022, a new weekly Monero newsletter. Check it out here.
Reuvo Monero Issue 109 was recently published. Read it here.
Simple Crypto Guide have published an article outlining what Monero is and how to buy it. Check it out here.
Exchanges and Merchants
You can now buy XMR in India with CoinDCX.
Estonian cryptocurrency exchange Stock Point recently added an XMR/USDT trading pair!
LocalMonero.co recently suffered from a DDOS attack and had to restrict Tor IPs on the clearnet as they were one of the sources of the attack. Discussion about the issue can be found here.
Monero focused DEX Haveno have announced Majestic Bank as a new sponsor.
Need to make an instant XMR exchange, trading to or from another crypto? While the Monero Moon does not condone or promote illegal activities, please be careful as exchanges such as Fixed Float, a website similar to ChangeNow which doesn’t require KYC, have recently been found to restrict transactions and hold users’ funds if they deem the sources to be from hacking, fraud, or theft. This is why it’s important to know who you are receiving your Bitcoin or other cryptocurrency from, because if it is ‘tainted’ you could find yourself in trouble. With Monero, this is not an issue as it is fungible. Discussion regarding the Fixed Float issue can be found here.
MoneroUK has Monero coffee mugs ready to ship to anyone in the UK. Reach out to them here if you are interested.
BISQ/Monero advertisement — Spotted while driving to the airport!
Community Crowdfunding
Several crowdfunding proposals are awaiting community feedback before they can start accepting funds through the Community Crowdfunding System (CCS). For now they are just proposals, but if they receive some positive feedback from the community they will be moved to a “Funding Required” stage so that they can accept Monero donations through the CCS.
The Monero Research Lab’s koe has put forward a proposal to work on building a Seraphis wallet proof-of-concept. Check it out here.
CryptoGrampy proposed a bounty for an Android GUI Monero node. You can read more about it here.
Winston has put forward a CCS proposal seeking funding to create a FOSS Android app called Whatnero that will encompass all of the available information regarding Monero in a user-friendly manner so that newcomers or experts can easily access all of the information to learn about Monero. Check out the proposal here.
Monero Observer have put forward their Spring 2022 CCS proposal ready for community review. Check it out here.
Finally, The Monero Moon have also put forward another CCS proposal for funding the next 18 issues. If you enjoy reading the Monero Moon please show us some support and comment whether you support our proposal. Our previous CCS proposal from last year can be found here.
Trading & Speculation
This_Guhy is predicting XMR to be in a bullish pattern which has the potential to reach $515USD. Check there post here.
Performance
Total Monero in Circulation — 18,086,497 XMR
Monero Total Marketcap — $3,241,428,747
XMR/USD Price — $180 USD
XMR/BTC Price — 0.00406 BTC
LocalMonero.co Street Price — $186 USD
Average Transaction Fee — 0.00014 XMR ($0.025)
Hashrate — 2.925 Ghash/s
Monero Mining Pools Hashrate Distribution —
Entertainment
The Monero Observer put out their Artistic Saturday Top 5 on a weekly basis. Check it out here for a fix of Monero artworks.
Donate
If you like the newsletter and want more of this content, then shout me a round of beers by donating some spare Monero you didn’t lose during your boating accident.
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Support Monero
Want to help contribute to the Monero Project? Developers, marketers, event coordinators, translators, Instagram personalities, meme creators, public speakers — whatever your skills may be, it is extremely likely there is something you can do to assist. I urge you to reach out to the Monero community on Reddit, IRC, GitHub, Twitter, or Telegram. The official Monero website is GetMonero.org.
Past Issues
Issue 31 / Issue 30 / Issue 29 / Issue 28 / Issue 27 / Issue 26 / Issue 25 / Issue 24 / Issue 23 / Issue 22 / Issue 21 / Issue 20 / Issue 19 / Issue 18 / Issue 17 / Issue 16 / Issue 15 / Issue 14 / Issue 13 / Issue 12 / Issue 11 / Issue 10 / Issue 9 / Issue 8 / Issue 7 / Issue 6 / Issue 5 / Issue 4 / Issue 3 / Issue 2 / Issue 1
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DISCLAIMER: This publication contains opinion for informational purposes only and does not constitute investment advice. Information may contain errors and omissions. Use solely at your own risk. The author of this publication and/or the authors of articles linked to from this site may have financial investments that may bias their opinions, including ownership of Monero currency. Always do your own research, form your own opinions, and never take risks with money or trust third parties with out verifying their credibility.
