What is Nostr?
ava
npub1f6u…zcka
2024-07-29 16:10:32
in reply to nevent1q…ch9g

ava on Nostr: Monero has been delisted from CEXs due to its privacy features. ...

Monero has been delisted from CEXs due to its privacy features.



You can swap for it on cake wallet or use a decentralized exchange like Haveno.

https://haveno.exchange/faq/#how-can-i-exchange-monero-for-fiat-without-involving-banks

Check out:

https://haveno-reto.com/

Here are some resources for you:

https://www.getmonero.org/

https://libereco.xyz/resources/obtaining-monero/

To answer your second question:

"(Ring signatures) make XMR transactions anonymous, giving it an edge over similar Bitcoin or Litecoin.

(However, currently, Monero ring signatures) are susceptible to vulnerabilities like the Exchange Attack Everywhere (EAE) attack, (where) the attacker reduces the anonymity set of the ring signature, increasing the likelihood of picking out the sender. This is especially true if the sender uses the same address more than once.

On April 27, a Monero developer, Luke “Kayaba” Parker, announced a new enhancement: Full-Chain Membership Proofs (FCMPs).

In a blog post, Parker said the technology aims to improve Monero coin’s anonymity further, expanding the anonymity set from 16 to the entire network.

FCMPs will replace the existing ring signature system, fixing existing weaknesses.

Using FCMPs, the network will automatically prove that a spend output originates from any output in the blockchain, making XMR transactions even more anonymous.

According to the developer, every input will boast a 100 million anonymity set, up from the current 16 Ring Signatures offers."

Read more on that here:

https://99bitcoins.com/news/monero-privacy-update-unprecedented-anonymity/
Author Public Key
npub1f6ugxyxkknket3kkdgu4k0fu74vmshawermkj8d06sz6jts9t4kslazcka