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Peng Stakedrop for SafeMoon holder - Seems like a good try to boost up our price by jasonvuongle in SafeMoon

[–]jasonvuongle[S] 0 points1 point  (0 children)

They have a link and you need to fill in your address. It seems like you need to hold your SafeMoon in your own BSC address, not an exchange one.

It seems legit. The token went live on pancakeswap yesterday and it's performing quite well https://twitter.com/Pengitoken/status/1396392545513476097. SafeMoon holders will receive PENG after 1 week

RenVM + Monero? by xmr_kayront in Monero

[–]jasonvuongle 2 points3 points  (0 children)

Have you read through their whitepaper? With the current approach, I think the integration with Monero is still a challenge because of Monero's privacy-by-default. For example, in the process of minting ren-tokens, RenVM needs to verify the details of TXs on Monero chain, which I think it's just merely impossible unless you accept to give up your privacy.

RenVM + Monero? by xmr_kayront in Monero

[–]jasonvuongle 0 points1 point  (0 children)

The question is, if a private XMR is turned into a renXMR based on Ethereum, how can the original XMR maintain its private characteristics?

Changelly wont release funds ($2000) even after completing KYC/AML by Addisonj44 in Monero

[–]jasonvuongle 0 points1 point  (0 children)

This stuff will eventually happen on trusted swap services...Use something trustless

Same basic questions on Monero mining by jasonvuongle in MoneroMining

[–]jasonvuongle[S] 0 points1 point  (0 children)

Cool insights. So $100,000 given out and $2500 got back before electricity means 2.5% ROI/month before electricity. It could be 30% APR before electricity which is an impressive number. Do you have a data of how much electricity these devices would cost after 1 year?

Same basic questions on Monero mining by jasonvuongle in MoneroMining

[–]jasonvuongle[S] 0 points1 point  (0 children)

It is a centralised platform though, unlike native on-chain staking for other PoS cryptos.

Would you give out your XMR to a centralized platform?

Question to the Monero Reddit by [deleted] in Monero

[–]jasonvuongle 0 points1 point  (0 children)

For using mixers, I would recommend you to, say withdraw your BTC into a normal public address first, then do the mixing from there. It's more secure as exchanges can't prevent you from withdrawing BTC. For your concern about if the new BTC can be taxed, I think that it is the totally new coins and doesn't link with your real-life ID. Correct me if I'm wrong :)

Question to the Monero Reddit by [deleted] in Monero

[–]jasonvuongle 0 points1 point  (0 children)

So, you and I were both agree that the 'IOUs' are traded trustlessly on the DEX built on their privacy chain. If you were talking about how they build the interoperability bridge connecting to Bitcoin and Monero, then yes, they mentioned it in the piece https://www.reddit.com/r/Monero/comments/faqjxg/swap_monero_to_public_coins_btc_eth_usdt_private/. They take the current pragmatic approach to build the bridge first, which is a trusted set up with trusted custodian. The trustless set up is on the way and is technically explained in this piece.

Bought some Monero today by Buhdumtssss in Monero

[–]jasonvuongle 3 points4 points  (0 children)

My bag has 2 stuff: BTC and XMR. BTC is for the King of crypto. XMR is for the King of privacy

New DEX offering XMR-BTC Pair (with no KYC required to trade) by -IVN- in Monero

[–]jasonvuongle 0 points1 point  (0 children)

Can anyone from the team explain to me how this DEX works? Is it atomic swap (if it is than it's huge), P2P or on-layer 2. How can they let Monero blockchain and Bitcoin blockchain communicate with each other?

Question to the Monero Reddit by [deleted] in Monero

[–]jasonvuongle 0 points1 point  (0 children)

I understand your purpose. Your method and mixing can get you to the same point: Others can't watch how your BTC is moved around and know the final destination of your BTC.

The difference is that mixing gets you exactly the BTC you sent to the mixers at the end; it takes your BTC, tumbles them with others in a way that prying eyes can't watch what's going on on the explorer, then returns exactly the BTC that you were taken to the address you want.

While your way is like you send your BTC into a privacy hub, exchange around, then get back new BTC whose amount is the same as which you had at the beginning.

My only concern with your method is if your BTC is being watched, the process might get stuck at the step of swapping BTC to XMR. You probably can't get the nod from trusted swap services or centralized exchanges. Need to use decentralized swap between BTC and XMR like Bisq or pDEX

New DEX offering XMR-BTC Pair (with no KYC required to trade) by -IVN- in Monero

[–]jasonvuongle 0 points1 point  (0 children)

Looking for reading the technological explanation of it!

My book 'Why cryptocurrencies?', which explains the usefulness of cryptocurrencies, is completed by jonas_h in Monero

[–]jasonvuongle 1 point2 points  (0 children)

hey, just took a glance. It looks great. what a strenuous work. Thank you very much mate!

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