I do not think they care about regulating it. What they do not want is for it to become widely adopted. Removing it from all exchanges will effectively prevent mass adoption.

This is why Bitcoin Cash is the better way to go for mass adoption of crypto. It is on all exchanges and you can get close to Monero level privacy with it using CashFusion via ToR.

It also scales much better than Monero as the stress tests (https://monero.town/post/3601453) have shown Monero fails at around 500k TX per day. The nodes just cannot handle it and this is likely an architectural shortcoming with no easy solution. BCH has been tested up to 10 million with no issues and can likely do much more.

https://retoswap.com/ is the functioning instance of Haveno DEX. The main project does not run a live network.

I set up basicswap dex but the XMR/BCH liquidity is pretty low there. Do you know which coins on there have the highest volume? It would be nice if you could see the whole order book and not only the coins you have enabled.

So has there been another stress test where TX volume reached higher than 500k? I am not aware of any fixes that have been made to fix the TX propagation and block sync failures that happened on the stressnet when volume went over ~300k.

I have a feeling the current Monero node implementation is at its life’s end that is why the Rust node work has been started.

Recent stress tests showed Monero was struggling at 300-500k TX/day with nodes falling behind and wallets failing. BCH has been tested to 10 million.

Then you have the issue of having to keep the whole chain forever, with BCH all you need is the UTXO set really, which is < 10GB

I am not hating on Monero and I hope the issues can be solved, but I am taking the safer bet on Bitcoin Cash.

the entire network always relies on anonymous TXOs instead of using them only when they are needed for anonymous transactions.

But if the entire network is not that large then it will not help that much. Monero’s mass adoption potential is limited by many factors such as scalability, reputation, UX, and fiat on-ramp access. If your goal is world level adoption then BCH’s approach is the better choice, IMO.

The bigger the bank the more they can ML. The fines are to pay off the biggest mafia in town to leave them alone. It has nothing to do with stopping crime and everything to do with surveillance and data collection.

If you are a giant bank you can ML all you want. AML is a useless scam and a violation of basic rights of individuals to transact privately. It is big brother’s attempt to monitor capital flows.

Every top 10 bank fined as £150 billion laundered annually

https://trilateral-it.com/every-top-10-bank-fined-as-150-billion-laundered-annually/

I did not present a figure of 2 specifically. The point is Monero is more vulnerable than previously believed but still this is likely irrelevant to casual users as no one will put so much effort into mass tracing anyway. Given this logic, for the vast majority of users Bitcoin Cash with CashFusion is private enough IMO.

Using standard statistical methods, that ring size of 16 shrinks to an average of 4.2, slashing Monero’s privacy by about 75% compared to what was previously assumed.

https://news.bitcoinprotocol.org/monero-privacy-faces-new-threat-with-map-decoder-attack-heres-what-you-need-to-know/

It does not have to be like Monero to give you a similar level of privacy.

Would be awesome if Freetube could automatically check if the video exists on Odysee and play it from there if YT copy is unavailable or blocked.

OK, thanks for the extra info, would have a been a good idea to include this in the post from the start.

The Monero Research Lab (MRL) has decided to recommend that all Monero node operators enable a ban list

I was under the impression that there was a network attack going on which was disrupting node operations, as has had happened in the past and that is why this post was created.

My point is the nodes should be able to dynamically determine if misadjusted or allegedly misbehaving nodes are present and block/ignore those automatically without needing to apply a ban-list from a centralized authority. This is a long standing issue and measures in the protocol should be able to govern this, since it has not happened it appears that this is a fundamental flaw that cannot be addressed and instead a ban-list is the only solution.

My question is what is preventing this from being properly addressed so applying a centralized ban list is not necessary? Is it a whack-a-mole situation where attackers will just tweak some other parameters and get around any detection?

Shouldn’t the node network be able to automatically ban offending peers without needing a centralized ban list? Can you explain where my understanding falls short?

Needing to use a ban list is indicative of broken node software. This flaw has existed in Monero for a long time, is it a fundamental issue that will never be addressed?

Really glad I do not have a google account and avoid all of their services. 🙂

Yes, Odysee is much better than YT, they will not block you for using a VPN and you can use burner a email to sign up. They also do not have annoying ads every 3 minutes, they have zero ads. Sad that so many creators refuse to post their content on other platforms and continue to support YT’s tyrannical monopoly. Still there is a pretty good selection on there.

what advantages does it have over hosting your own fedi server

Specifically in the context of this post you cannot be forced to collect any data on users or be prosecuted for not collecting because you are not hosting accounts, they are on-schain. Fedi is a very different type of platform and not really a direct alternative. Bastyon is trying to compete with twitter mainly IMO.

You do not get any special access or control by hosting a server because it is just a node that relays data. This makes the network more robust and faster as a user’s app will connect to the fastest nodes for a better experience.

Here is an in-depth article about the platform

https://www.publish0x.com/at-scottcbusiness/the-guide-to-bastyon-and-pkoin-xznxqdk

How does Bastyon work? - https://bastyon.com/help?page=faq

You do not understand the platform and are speaking out of ignorance. You do not need to run a node to use the platform and no one can stop you from joining.

If you run a node you participate in the network, your user does not reside or originate from your node it is distributed as all metadata is stored on chain.

Maybe it’s not for you, no one is forcing you to use it, it is not all about you.

A woman protesting an oppressive regime with her posts may find it is the only safe place without getting her identity reported back to the oppressive state as all corporate owned platforms would do.

Good job looking into it a bit instead of freaking out like most others on here. It is running and working and has been for over 6 years if I am not mistaken.

Users do not have to pay to publish. Advertisers can pay to boost content and get visibility. There are many people dedicated to free speech and anti-censorship so they will continue to run nodes even if they are not turning a profit. At this point nodes stake coins and earn rewards, not sure of the long term tokenomics, have not gone super deep on it.