So far I couldn't detect any discrepancies. Note that, on Blockchair, whale.monerochan.eth appears to resolve to 0x0000000000000000000000000000000000000000, while airdrops come from 0x4642, after being funded by 0xB9A1.
For example, burning 25% doesn't make sense when you decided on the supply to begin with and "100 % fair distribution" isn't possible in the given scenario.
But then again, meme coins are all about not making sense, and some play may actually lead to the desired exposure. Let's get Monero some marketing:
According to my recent test, the premium was 4.7 percent compared to spot rates, hence their pricing is not competitive and Bitrefill remains without a serious contestant. There you'd only pay the ~0.5% fee for going through an instant exchange in order to have your XMR arrive as BTC.
EDIT: Now, a day later, I did another test and got percentages from 1.8 - 2.0 % which is much more reasonable.
Hint: To quickly get the hidden fees of any purchase, execute units like this: ./units.sh '<xmr-cost-at-checkout> XMR' '<EUR|USD|...>' or ./units.sh '<xmr-cost-at-checkout> XMR / <value-in-fiat> <EUR|USD|...>' '%' for the total percentage asked.
For those seeking to trade more efficiently on the platform, I just published a tool for updating TradeOgre-orders from the command line: Terminal-Interface to TradeOgre
Curiously, most ended up preferring a less readable XMR ID, leaving many common and given names available.
Maybe this is because nowadays we tend to assume the good ones online to be taken - so it's actually a great idea that you point that out! Let's see how it affects the trend.
It's a command-line interface that allows you to do "anything Monero".
You will find details in the linked resources and can get a better idea by looking at the screenshots.
This one is technically not true until you add Punycode support - and only if you manage to remain below XMR.ID's user count by that time :D
(Without Punycode, staying RFC-compliant, and applying XMR.IST's restriction of 30-characters max, we could provide roughly a count of 30^37-1-<amount of users>, but even if we had a 10-chars limit, the number would still be unfathomable.)
Personally, when I opened the link yesterday, I wondered if I was looking at a product for 4-year olds: Big round shapes, bright colors, ... and nothing that would give me a clue about what I am actually looking at.
I might simply not be in it, but who's the target audience here?
The time required depends on where you start. Someone who knows how to register a domain but has yet to read up on OpenAlias will probably need about an hour or two (if we do not take into account the hassles associated with DNSSEC with many registrars).
Then the cost of a privately registered domain starts at around 15 dollars per year, whereas the same is roughly the one-time price of a permanent XMR ID with two domains secured against each other (meaning that both, DUKETHORION.xmr.id and DUKETHORION.xmrid.com will return the same Monero destination). Wallets can opt to verify this.
Manipulation of any record would immediately trigger a notification to all affected users, leaving me with nothing but a destroyed reputation.
The most granular use I can think of is telling someone in-person to load your XMR ID on their device and then confirming what you see.
Coupled with a client that stores the result in a local address book - and compares it with the current DNS responses every time - even senders can be sure that they are still working with valid information.
(An extension to the official Monero client supporting this is in the works.)
It's from monero.graphics. It could use an extra dot, I agree :)
The theme resonated - especially in the context of OpenAliases - as I consider more personal and memorable Monero destinations an important factor in the context of building parallel economies, human to human, thus making Monero "greater" through use.
Whenever someone would publish their experiences with AllArk on Reddit, the thread would get "downvoted into oblivion", with some people raising concerns of them themselves using bots to do so.
I also remember seeing an email log of a user "losing" a couple of hundreds to that same entity. I thought that was on monero.observer, but cannot seem to find it now.
Maybe someone else feels inclined to dig something up, but in general, just be very careful with what people recommend in the space. Most of the time they saw it mentioned somewhere and, with best intentions, just pass it on.
This sure clarifies the circumstances. I appreciate the explanation and went on to verify the claims.
Here are the corresponding Etherscan-links to spare others the hassle:
So far I couldn't detect any discrepancies. Note that, on Blockchair, whale.monerochan.eth appears to resolve to
0x0000000000000000000000000000000000000000, while airdrops come from 0x4642, after being funded by 0xB9A1.Thank you for the onboarding!
The text has some ... "orange" flags.
For example, burning 25% doesn't make sense when you decided on the supply to begin with and "100 % fair distribution" isn't possible in the given scenario.
But then again, meme coins are all about not making sense, and some play may actually lead to the desired exposure. Let's get Monero some marketing:
0xe746433469235aB0D5cc404b592C9634eF2ECB1DIt does make sense that the tables are for Monero-exclusive applications. Loaded GUI's lead to user confusion and thus errors.
Think absolute beginner: "I installed that secure app you recommended and bought and happily transacted and now you say that wasn't secure?!"
According to my recent test, the premium was 4.7 percent compared to spot rates, hence their pricing is not competitive and Bitrefill remains without a serious contestant. There you'd only pay the ~0.5% fee for going through an instant exchange in order to have your XMR arrive as BTC.
EDIT: Now, a day later, I did another test and got percentages from 1.8 - 2.0 % which is much more reasonable.
Hint: To quickly get the hidden fees of any purchase, execute units like this:
./units.sh '<xmr-cost-at-checkout> XMR' '<EUR|USD|...>'or./units.sh '<xmr-cost-at-checkout> XMR / <value-in-fiat> <EUR|USD|...>' '%'for the total percentage asked.Adding the image seems to have removed the original URL ... while maintaining the link's description. I suspect a bug (@admin?).
In any case, I've added an explicit link at the end of the original post.
For those seeking to trade more efficiently on the platform, I just published a tool for updating TradeOgre-orders from the command line: Terminal-Interface to TradeOgre
Curiously, most ended up preferring a less readable XMR ID, leaving many common and given names available.
Maybe this is because nowadays we tend to assume the good ones online to be taken - so it's actually a great idea that you point that out! Let's see how it affects the trend.
It's a command-line interface that allows you to do "anything Monero". You will find details in the linked resources and can get a better idea by looking at the screenshots.
This one is technically not true until you add Punycode support - and only if you manage to remain below XMR.ID's user count by that time :D
(Without Punycode, staying RFC-compliant, and applying XMR.IST's restriction of 30-characters max, we could provide roughly a count of
30^37-1-<amount of users>, but even if we had a 10-chars limit, the number would still be unfathomable.)Welcome to the space - it feels less lonely now!
Personally, when I opened the link yesterday, I wondered if I was looking at a product for 4-year olds: Big round shapes, bright colors, ... and nothing that would give me a clue about what I am actually looking at.
I might simply not be in it, but who's the target audience here?
Oh. XMR.ID is not an email service.
Names simply resolve to Monero destinations to simplify payments for the sender.
The two formats
whatever@example.organdwhatever.example.orgwere chosen by the designers of OpenAlias, the set of definitions XMR.ID builds upon.The animations in the website's screenshots-section show XMR ID's in action.
Note that the email address requested at signup is used by the system to send further instructions.
Could you lay out the scenario you are contemplating?
The current design appears to rely on fees.
As it currently stands, I suspect Haveno will be in the same situation as LM, legally.
This is heartbreaking news. LocalMonero enabled anyone capable of navigating Ebay to convert XMR.
Thank you, Alex & the team, for all those years of providing what is probably the best Monero-service of all.
Address reuse NOT being a problem in Monero is the reason this service can be provided in good faith.
Why is Monero address reuse not discouraged?
You can find further details in this Monero Stackexchange thread.
The time required depends on where you start. Someone who knows how to register a domain but has yet to read up on OpenAlias will probably need about an hour or two (if we do not take into account the hassles associated with DNSSEC with many registrars).
Then the cost of a privately registered domain starts at around 15 dollars per year, whereas the same is roughly the one-time price of a permanent XMR ID with two domains secured against each other (meaning that both,
DUKETHORION.xmr.idandDUKETHORION.xmrid.comwill return the same Monero destination). Wallets can opt to verify this.Manipulation of any record would immediately trigger a notification to all affected users, leaving me with nothing but a destroyed reputation.
The most granular use I can think of is telling someone in-person to load your XMR ID on their device and then confirming what you see.
Coupled with a client that stores the result in a local address book - and compares it with the current DNS responses every time - even senders can be sure that they are still working with valid information.
(An extension to the official Monero client supporting this is in the works.)
It's from monero.graphics. It could use an extra dot, I agree :)
The theme resonated - especially in the context of OpenAliases - as I consider more personal and memorable Monero destinations an important factor in the context of building parallel economies, human to human, thus making Monero "greater" through use.
Whenever someone would publish their experiences with AllArk on Reddit, the thread would get "downvoted into oblivion", with some people raising concerns of them themselves using bots to do so.
I also remember seeing an email log of a user "losing" a couple of hundreds to that same entity. I thought that was on monero.observer, but cannot seem to find it now.
Maybe someone else feels inclined to dig something up, but in general, just be very careful with what people recommend in the space. Most of the time they saw it mentioned somewhere and, with best intentions, just pass it on.