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LiberLion
liberlion@iris.to
npub1wpzp...zs7p
Writer β€’ Sci-Facts Thinker β€’ 𝔸𝕀 β€’ ϚʁyptΓΈ β€’ Monero β€’ π™°πšπš˜πš›πš’πšœπš– | 𝕏 @liberlion17 | liberlion.com | liberlion.medium.com | 84y8yKaEFfeYj5Wyh7DZvb3aMvu18zhu7XF1b8TQZFWaS4GF323jr6NJstEeajdDVKTNvAvGUzogfEbbHFKnBVJTNBQTFNX
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LiberLion 9 months ago
I realized a long time ago that most people seek compliance imposed by regulators, and do not seek financial privacy, because they do not understand the need for it, of course, until they suffer the consequences. When you understand that financial #privacy sets you free πŸ‘‡πŸ» View quoted note β†’
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LiberLion 9 months ago
Hey #Monero community, do you understand that #privacy appeals to a niche market, but the mass market prioritizes regulatory compliance by governments? Do you still think Monero should seek mass adoption, or do you understand that it is better to remain in a niche and not take too many risks because regulators would not allow them to lose control over money? Monero should remain simple and focused on usability for a small niche market. Scalability is not a priority. My article https://medium.com/@liberlion/decentralization-and-privacy-before-scalability-6b36405285bd
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LiberLion 9 months ago
π™Όπš˜πš—πšŽπš›πš˜ πš’πšœ πš—πš˜πš πš’πš—πšŸπš’πš—πšŒπš’πš‹πš•πšŽ: πšπš›πšŽπšŽπšπš˜πš– πš–πšžπšœπš πš‹πšŽ πšπšŽπšπšŽπš—πšπšŽπš πšŽπšŸπšŽπš›πš’ 𝚍𝚊𝚒 Freedom and individual sovereignty are not inherited: they must be defended every day, in every decision we make. Believing that Monero is invincible is a dangerous mistake, because a false sense of security leads to complacency. History has already shown that Monero has been attacked several times, and in the future, attempts will not diminish but multiply. For now, those who attack have not had enough power to cause real damage. But let's not fool ourselves: this is because the network still has limited use, which does not bother governments or bankers. The day Monero grows large enough to challenge the interests of these two giants, both sectors, powerful and with virtually infinite resources, will direct their resources to harm it. There are many forms of attack: from group manipulation to attempts at censorship, technical vulnerabilities, and smear campaigns. They all have one thing in common: money. Money to buy computing power, to fund narratives, to infiltrate malicious actors, or to push for restrictive regulations. Monero's defense is not automatic, nor is it guaranteed. It depends on a community that understands that privacy is not a luxury, but a necessity; that sovereignty is not a slogan, but a daily exercise. And that individual freedom, like the network that sustains it, can only survive if those who value it decide to protect it, with care, every day. #SovereignIndividual
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LiberLion 9 months ago
Monero's Health. Qubic Cancer Let's look at an analogy to understand the problem from another perspective and spark creative solutions. Imagine that a blockchain network is like a living organism. Each mining node functions like a cell that performs its task to keep the body healthy. Everything runs smoothly... until some cells change their behavior. They stop cooperating, multiply for another purpose, and begin to attack the very tissue that sustains them. In biology, this is called cancer. Something similar happened to #Monero with Qubic. Suddenly, part of the "immune system" turned against the organism itself. It was not an obvious external infection, but an internal mutation triggered by an external agent: computing power that stopped reinforcing Monero and redirected itself to attack it. As in metastasis, the network was forced to coexist with cells that not only no longer helped, but weakened the whole. In medicine, cancer requires complex responses: detecting the anomaly, understanding it, containing it, and sometimes applying aggressive therapies to preserve the organism. The paradox is that those same cells were born from the body they now threaten. The challenge is not only technical, but existential: how does an organism stay alive when part of itself becomes a threat? That is the creative question that Qubic raises in the crypto ecosystem. Beyond hash rates or protocols, the scene reminds us that systemsβ€”biological or digitalβ€”are not immune to internal dysfunctions. That resilience is not measured only by the strength of defenses, but by the ability to recognize when one's own can become hostile. Perhaps the most fruitful aspect of this analogy is not to seek an immediate cure, but to accept the metaphor: blockchains, like living organisms, must not only grow, but learn to deal with their own mutations.
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LiberLion 10 months ago
#Monero Decentralization The decentralization of the hashrate must be complemented by economic incentives so that network security is sustainable over time. While researching PoW blockchains that suffered hashrate attacks and implemented protocol modifications, I came across FIRO, which is also a privacy-focused network, backed by protocols such as Lelantus Spark for total anonymity and Dandelion++ to obfuscate transaction origins. It implemented a hybrid mechanism: Proof-of-Work combined with masternodes that issue ChainLocks via LLMQ, granting near-instant finality and protecting the chain from 51% attacks. To operate a masternode, 1,000 FIRO are required as collateral, which acts as a financial guarantee and reduces the amount of coins in circulation. This means that to compromise the network, an attacker would not only need significant control of the mining power, but also of those masternodes, at a prohibitive cost. I'm not saying this will be the solution, but it's interesting to analyze it to learn from other people's experiences.
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LiberLion 10 months ago
Qubic uses a protocol called β€œUseful Proof of Work” (UPoW), and its mining power goes towards training neural networks for a decentralized AI called Aigarth. I said this a year ago πŸ‘‡πŸ» View quoted note β†’
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LiberLion 10 months ago
Cut through the noise to see the essence of the attack on #Monero There is a novel strategy of hashrate co-optation, in which networks compete to rent temporary computing power to destabilize others, hash-as-a-service, in this case with the Useful Proof of Work (UPoW) protocol. image
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LiberLion 10 months ago
"[...] An enemy at the gates is less fearsome, because he is known and bears his banner openly. But the traitor moves freely among those within the gate, his whispers whispering through every alleyway and heard in the very halls of government." 𑁋Marcus Tullius Cicero View quoted note β†’
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LiberLion 10 months ago
"[...] An enemy at the gates is less fearsome, because he is known and bears his banner openly. But the traitor moves freely among those within the gate, his whispers whispering through every alleyway and heard in the very halls of government." 𑁋Marcus Tullius Cicero View quoted note β†’
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LiberLion 10 months ago
#Monero hides amounts, not math Even though you can’t see how many XMR are in each transaction (they’re hidden with RingCT), every block still has to obey the protocol’s consensus rules. The math behind it is public, just not the values. How double-spends are prevented Every $XMR input creates a unique β€œkey image.” That key image can only ever appear once on the blockchain. If someone tried to β€œreorg” and spend the same input twice, nodes would instantly reject the block containing the duplicate key image. Hidden amounts don’t matter hereβ€”key images are the anti-double-spend stamp. How inflation is prevented RingCT doesn’t just hide the amount, it also uses cryptographic proofs (Pedersen commitments + range proofs). Each transaction proves β€œthe outputs = inputs” without revealing the numbers. If someone tried to mint extra coins secretly, the math in the proof would fail and the block would be rejected. What about reorgs n blocks deep? A reorg just means: β€œWe thought these n blocks were the chain, but now there’s a longer chain that replaces them.” When this happens: Every node re-verifies all the blocks in the new chain. All the cryptographic checks (key images, RingCT balance proofs, range proofs) run again. If any block tried to create value out of thin air, consensus rules fail β†’ block is invalid β†’ chain won’t be accepted. πŸ‘‰ So the short version: Even if amounts are hidden, the math proofs and key images make it impossible to sneak in fake value. A reorg just swaps blocks, but every block still has to pass the same verification rules.
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LiberLion 10 months ago
Selfish mining at its finest: Qubic attracts miners because it gives them more profit than a normal pool: β€”It converts the mined XMR into USDT. β€”It uses part of it to buy back and burn their QUBIC token. β€”It provides extra rewards to the miner. This economic incentive explains why so many joined and why their hash power grew. View quoted note β†’
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LiberLion 10 months ago
#Monero Qubic: 2.11 GH/s / 4.50 GH/s β†’ 46.9% de la red. It doesn't look good..
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LiberLion 10 months ago
More signs of a trend: Digital Identity (DId) will be implemented across the board. You will be tokenized. #CriticalThinking #SovereignIndividual View quoted note β†’
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LiberLion 10 months ago
Elon Musk: From Subsidies to Contracts, Always in Family with the State WIRED revealed that the White House pressured the GSA to quickly reinstate Grok/xAI into the federal procurement system. Versions 3 and 4 are already listed in GSA Advantage, ready for use by agencies following internal reviews. Although there was no official comment, the push coincides with contracts xAI won in July with the Pentagon and its "Grok for Government" campaign, which explains the acceleration of its introduction into the state system.
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LiberLion 10 months ago
I've been saying it for over two years now: Dollar-backed stablecoins are the US CBDC https://x.com/liberlion17/status/1692104916767011163 The plan consists of rescuing the dollar from its immense issuance to tokenize it with private issuers and banks, as a preliminary step to its transformation into a privately issued CBDC: the eDollar, with a conversion rate of (for example) 1000:1. Facts: The four main stablecoin issuers (Tether –USDT–, Circle –USDC–, First Digital –FDUSD–, and Paxos –PYUSD–), and now collectively hold around $182.4 billion in πŸ‡ΊπŸ‡Έ US Treasury securities, and growing, more than πŸ‡ΈπŸ‡¦ Saudi Arabia, πŸ‡°πŸ‡· South Korea, πŸ‡©πŸ‡ͺ Germany, and πŸ‡¦πŸ‡ͺ UAE. That figure would place them, if they were a country, in 17th place in the international ranking of US debt holders. With the GENIUS Act, the U.S. regulates issuers, mandates Treasury backing, and turns the tokenized dollar into a geopolitical weapon. The GENIUS Act requires foreign issuers that want to operate on a large scale to submit to US oversight. This means that the country not only controls its currency, but also extends its regulatory influence over global financial players disguised as crypto. From crypto rebel β†’ backbone of the dollar empire. #Stablecoins #GENIUSAct #USTreasuries
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LiberLion 10 months ago
#Monero: minimum surface area, maximum depth. An encrypted frontier, code, resistance, privacy, freedom. If you are #Monerist, this simple, comprehensive app is a must-have: http://monero.eco by @Schmidt
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