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Stolen Funds & Shutdowns | MONERO MONTHLY 05
Published 8 months, 1 week ago
Description
Join us for Monero Monthly, your go-to show for a roundup of the latest happenings in the Monero ecosystem. Hosts Max and Seth bring you up to speed on everything from software developments and updates to cutting-edge hardware and emerging businesses.
General
Monero's 11th birthday
Monero v0.18.4.0
v4.25
General
Monero's 11th birthday
- Monero launched on April 18th, 2014 by thankful_for_today
- Code fork of Bytecoin, was basically a scam created from an amazing whitepaper (Cryptonote) and extensively pre-mined/lied about
- Monero has continued to consistently and effectively iterate and improve over those 11y
- Most likely caused by a major theft of 3520 BTC, which was then supposedly swapped entirely to Monero via instant exchangers
- Zachxbt uses Monero for payments "frequently"
- August 10th deadline
- Migration to Cake is their recommended path
- No conspiracy theories that I know of, have worked closely with them on the migration path
- https://monero.observer/exodus-to-end-support-monero-10-august-2025/
- Very antagonistic in the past
- Refused to block or freeze funds from the ByBit hack, broadly used to move funds to other cryptocurrencies, including Monero
- Many centralized services and exchanges marked their funds as tainted immediately after their handling of the ByBit hack, neutering the usefulness of swapping through eXch overall
- Supposedly being targeted by a "transatlantic operation", no real evidence provided but after ByBit hack funds moved through them it's not impossible
- https://monero.observer/exch-instant-exchange-to-shut-down-may-1-2025/
Monero v0.18.4.0
- DoS vulnerability fix
- Was widely deployed via my Docker image and by most popular node operators, including Cake, before this public release
- Background sync w/ view key only
- This is how Cake Wallet is doing background sync
- Drastically improved disk writes necessary when synchronizing a Monero node
- Less wear on disks, slightly faster
- https://monero.observer/monero-v0.18.4.0-fluorine-fermi-released/
v4.25
- New logo
- Talk about new brand
- Drastically improved Monero wallet performance, especially for wallets with extensive history
- Broad UI/UX enhancements
- BIP 39 seeds and wallet groups for Monero
- DFX's OpenCryptoPay
- Open standard for simple integration of Bitcoin/Monero payments into traditional PoS systems
- Rolling out to all Spar stores in Switzerla