Yes, ɱ is basically just a short version for Monero/XMR. Denominations for Monero are just plain metric system prefixes: mXMR (milli-), μXMR (micro-), nXMR (nano-) and pXMR (picoXMR).
XmrLovingAncap
Have you tried Retoswap?
I mean you need a PC to trade on (mobile is coming) and it's not instant, but most people are very quick with crypto<=>XMR swaps so it feel basically instant.
BS, it's not a 51% attack. Please stop the FUD: https://xcancel.com/kayabaNerve/status/1955173552363016434
Have you read/seen the following? https://monero.observer/openmonero-hacked-reports-all-funds-stolen/
Openmonero isn't really the answer.
It would be nice if we'd be able to make trades without arbitrators and a 100% security budget on Haveno. Or have a system where you can choose your arbitrator (with some sort of profile page for them). So arbitrators could build trust. Solving decentralized trust systems isn't easy.
Mini and Nano (in regards to P2Pool) are separate Mining pools. Think of them as a very big miner. The bigger the miner (i.e. more hashrate) the time to hit a block is lower and therefore he receives more rewards per time interval. The smaller pools (Mini/Nano) are for people with low hashrate devices so that the blockreward gets split somewhat equally between them.
For example if you would mine with a very low hashrate on your own, you'd maybe hit a block every 10 years. If you then combine your hashrate with other miners, that have a comparatively high hashrate to yours, the pool hits blocks much more often, but you won't get rewarded that often because you didn't participate that much. If you then join a pool with people with low hashrates, your mining pools hits blocks more often than you would by yourself, but not all too often. But it's also much more likely for you to get rewarded a piece of the block reward, as you contributed somewhat equally to the pool.
I hope this explanation helps with your understanding and I didn't butcher to many details 🙃
Just in case someone isn't aware of it yet:
Kewbit scammed the Monero Community so stay away from his stuff (haveno.com etc)!
If you're interested in the REAL haveno mobile version you should look at this here: https://github.com/atsamd21/Haveno-app
Thanks and sure, no Problem :)
I don't think it's so bad tbh. If you look at BTC/BCH they have 10min block time so if you wait for at least 1 confirmation you have around 3 XMR confirmations on average. But for bigger sums you most likely want at least to wait for a second or third which brings you close to or close above 20min. (For really small sums you can just accept 0-conf. Monero does NOT have RBF (replace by fee), so the other person can NOT betray you.) And that is only IF you get into the next block (which is a problem for BTC).
In reality, if you start using Monero, vast majority has more than a single output, so you can buy a few things in quick succession. Also you can just use Cake as a receiving wallet and then Monerujo as your spending wallet, which has the feature named Pocket Change (that makes sure you always have a bigger amount of outputs available). That's why I'd argue that the 10 block lock isn't really a big hindrance in reality.
The 'KYC' informations you need to provide are just necessary informations for the trade (like an address for cash by mail or your bank account for SEPA). Also those informations are stored locally and only revealed to your trading peer when needed. So no complaints there from me.
And unlicensed? What license do you expect? We're free humans that just exchange wealth in a voluntary trade. No license needed.
The process is not really complex, but you need to do it once to really grasp the concept. But it's pretty much self explanatory. Depending on your region Zelle/CashApp can be used, yes.
I agree. With the mobile app around the corner it's going to be even better. Haveno is basically Normie-ready xD
Even though it's more like Twitter I see pretty good discussions on Nostr. So maybe take a look at that? https://following.space/d/ygm6vtdp3arx?p=af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85
Currently it's usually between 30-50 uXMR (Micronero) (0.00003-0.00005 XMR).
This would go down the bigger the amount of transactions gets, but it will increase with the FCMP++ upgrade.