In this episode, we welcome you  into the world of Monero, a cryptocurrency renowned for its privacy features. We start by discussing the basics of Monero, its role as a privacy token, and how it compares to Bitcoin. Co-host, Seth for Privacy, joins us as a new member of the Ungovernable Misfits crew, sharing his insights and experiences with Monero. The episode covers the history of Monero, its development, and the significant changes it has undergone to enhance privacy.

2024

Conferences
Monerotopia

On/Off-ramps

•  Growing atomic swap usage via UnstoppableSwap and BasicSwap
•  https://unstoppableswap.net/
•  https://basicswapdex.com/

 Launch of Haveno Reto

•  https://retoswap.com/

 Delistings

•  https://x.com/schmidt1024/status/1867184034368926037
•  https://x.com/schmidt1024/status/1854951714152931385
•  Gate_IO perps

 Technical improvements

• FCMP++ protocol development being finished
•  https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/448#note_27450
•  Rapid funding of technical CCS requests
•  Explain how the CCS works, funding in Monero, etc.
•  Quickly funded! https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/518
•  Work on new addressing schemes that give drastically improved scanning key support
•  JAMTIS and CARROT
•  CARROT is the prevailing next step

 Attacks

• 
  
•  LinkingLion attacker running fake nodes to MitM real nodes
•  https://thehackerblog.com/the-orphaned-internet-taking-over-120k-domains-via-a-dns-vulnerability-in-aws-google-cloud-rackspace-and-digital-ocean/
•  https://x.com/monerobull/status/1832807857332330843
•  https://b10c.me/observations/06-linkinglion/
•  Ban list now available, deployed on all Cake nodes and my node, instructions in show notes
•  Cake Wallet DDoS
•  https://x.com/sethforprivacy/status/1856311150796804538

 Adoption

•  Growing Monero usage for CoinCards, ShopInBit, MyNymBox
•  Monerica popularity
•  Barnjerky for monero
•  UM clothing for monero
•  CakePay growing, 4x since the beginning of the year
•  Ecosystem growth
•  Hardware wallet support for Monero on iOS in the latest Cake Wallet update
•  Launch of XMRChat
•  https://x.com/xmr_chat/status/1819935254922072144
•  Launch of XMRBazaar
•  Launch of Cupcake open beta
•  Passport Prime announcement
•  Cake Wallet app on Prime w/ Monero support in March, GA in June

2025

 On/Off-ramps

 Launch of Serai?

 Technical improvements

• 
  
•  wallet2 improvements, drastically increasing sync speed by making the process of downloading/scanning blocks more async - jberman

 Adoption

•  No KYC debit card that can be topped up with Monero in Cake
•  Low limits, higher limits with KYC
•  Ecosystem growth
•  Launch of Cupcake full release
•  Background sync for Monero
•  Passport Prime shipping in March, Cake working on app w/ Monero support

This episode is a comprehensive exploration of Monero's past, present, and future, offering valuable insights for both new and experienced users.

IMPORTANT LINKS

• https://freesamourai.com
• https://p2prights.org/donate.html
• https://ungovernablemisfits.com

VALUE FOR VALUE

Thanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.

You can support this episode using your time, talent or treasure.

TIME:

- create fountain clips for the show
- create a meetup
- help boost the signal on social media

TALENT:

- create ungovernable misfit inspired art, animation or music
- design or implement some software that can make the podcast better
- use whatever talents you have to make a contribution to the show!

TREASURE:

- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com
- DONATE to Seth @ https://sethforprivacy.com/donate/
- DONATE via Monero @ https://xmrchat.com/ugmf
- BUY SOME STICKERS @ https://www.ungovernablemisfits.com/shop/

(00:00:00) INTRO

(00:01:12) Welcome to the Crew, Seth!

(00:10:45) Monero as Digital Cash and a Privacy Tool

(00:17:33) Monero's History and Development

(00:32:02) Monerotopia Was The Highlight | 2024

(00:37:01) Max the Monero Dev

(00:45:47) The Ramps: Atomic Swap Usage Go Up | 2024

(00:55:19) The Ramps: Delistings Galore | 2024

(01:02:51) Attacks on Monero | 2024

(01:12:49) Technical Improvements & New Projects | 2024

(01:22:16) Monero Adoption Rises | 2024

(01:27:41) Monero Ecosystem Growth | 2024

(01:37:46) Looking Forward to 2025

(01:47:28) THANK YOU FOUNDATION

(01:48:53) THANK YOU CAKE WALLET