this post was submitted on 18 Aug 2024
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
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Stay on topic:

  • This thread is only for comments discussing the uncertainties, shortcomings, and concerns some may have about Monero.
  • NOT the positive aspects of it.
  • Discussion can relate to the technology itself or its economics.
  • Talk about community and price is not wanted, but some discussion about it maybe allowed if it relates well.
  • Be as respectful and nice as possible. This discussion has potential to be more emotionally charged as it may bring up issues that are extremely upsetting: many people are not only financially but emotionally invested in the ideas and tools around Monero.

How it works:

  • Post your concerns about Monero in reply to this thread.
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The first principle is that you must not fool yourself — and you are the easiest person to fool.

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[–] g2devi@feddit.nl 2 points 2 months ago

Fortunately, you're reading the numbers wrong. Yes, some projects have 1-3 projects. Those projects tend to be side projects (e.g. Revuo, web site maintenance, etc) and are likely founded mostly from wallet providers and Monero service providers since it helps spread information that helps the ecosystem. I know Cakewallet has funded a few of these. The really important projects have 5-70 contributors. If donations stop, then some people would keep working on it because Monero is important, but they wouldn't be able to spend very much time on it so progress would be incredibly slow.