khajiit

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khajiit

khajiit

@poweredbyskooma

AI, media, ecom Living in Asia while extracting $ from the economic zone known as USA Skooma enjoyer 🏺

Se unió Mayıs 2008
427 Siguiendo126 Seguidores
khajiit
khajiit@poweredbyskooma·
@Amani2oo1 @yagirl its real, hope you picked up some of that sweet sweet tree dolla bitcoin
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amani
amani@Amani2oo1·
@yagirl Is this a real screenshot or just a crazy glitch because if it actually hit three dollars someone just got insanely rich on a limit order
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mysti ✨
mysti ✨@yagirl·
wtf is happening
mysti ✨ tweet media
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khajiit
khajiit@poweredbyskooma·
@XBToshi monero is extremely illiquid. its delisted from most exchanges, so it cant handle large trading volume. as a result it behaves more like a microcap. remember in january, the price doubled from just a single hacker trying to use it to move $280 m.
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khajiit
khajiit@poweredbyskooma·
oversold daily rsi for btc, even lower than feb 5 bottom. nothing conclusive obviously, but mildly reassuring that we may get a bounce from here
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khajiit
khajiit@poweredbyskooma·
@0xDamien i know its so unfair. i mean so what if it can be printed infinitely..
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khajiit
khajiit@poweredbyskooma·
@R89Capital @whenwillitendd0 you dont know what kind of shenanigans was taking place. who bought? maybe funds using investor money so insiders could dump. whole thing can be coordinated
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Rex
Rex@R89Capital·
ZEC obviously wasn't infinitely minted you retards lol
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khajiit
khajiit@poweredbyskooma·
@Ellieboo73 @ramzpaul Iran would never use one. No country would. That's the beauty of nukes. States that have them never engage in total war with each other
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EllieBoO73 🇺🇸
EllieBoO73 🇺🇸@Ellieboo73·
@ramzpaul You'd love that wouldn't you. Probably celebrate if they used one to kill your fellow countrymen .
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benthecarman
benthecarman@benthecarman·
Was the whole zcash hype the last year manufactured so someone could dump the infinite coins they were printing
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khajiit
khajiit@poweredbyskooma·
rip zcash. monero is the undisputed privacy king. the parabolic rise starts now. there is no second best.
GIF
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khajiit
khajiit@poweredbyskooma·
@ameensol shouldn’t this have caused sustained heavy sell pressure? opposite of the parabolic run we saw
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Ameen Soleimani
Ameen Soleimani@ameensol·
legitimately nightmare fuel wtf
Ameen Soleimani tweet media
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khajiit
khajiit@poweredbyskooma·
@mert i have a much better idea. dump it and never look back
GIF
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mert
mert@mert·
since this comes up every few months, a refresher: - first, there *is* a way to prove the bug wasn't exploited, more on this below - the fundamental tradeoff in a strict privacy pool is that if there's a bug, it could be utilized without immediate detection. this is the same for almost all privacy protocols without audit keys and with circuits - it's similar to any other crypto bug, like defi, in that something could be exploited and moved to a different chain. there are bugs lurking all over defi, blockchains, and all software at all times. the difference is that given the privacy, it's obviously harder to detect timely - note that this has always been the case with any of these things (and zcash isn't unique here, the other notable privacy project you're thinking of also has the risk of counterfeit bugs), so nothing is "new" except for the fact that understandably not everyone knows the technical tradeoffs - in zcash, you have guardrails to detect this so the supply would never increase past 21M *but* the ppl in that pool would get shafted unless there's social consensus, which would admittedly be messy - recently, the zcash core teams have been increasingly using advanced tools and hiring external security firms to audit themselves to keep improving security - this is also why it's harder than it sounds to just add privacy to an L1 or L2 (without audit keys) because you want a high concentration of security researchers and cryptographers looking at this at all times. it's also why "dino" projects are interesting because they've survived this long. - now with this new effort, one of these was a hit and the team immediately patched the bug they found - you can be reasonably sure that it wasn't exploited given a number of signals, but you can't definitively prove it unless either: i) the turnstile is triggered ii) the wallets start pointing to a new pool to migrate (there have been 3 such migrations in the past for example) which would then prove this luckily, there has been work on creating a new pool that's provably sound, formally verified, and quantum proof this whole time with @TachyonZcash (which is also how I first got introduced to zcash) so once that migration is done, you will have full certainty
mert@mert

almost all privacy protocols have a variant of this same thing this same FUD comes back every 5 months as new people learn how privacy pools work (and curiously it mostly comes from xmr ppl who are also vulnerable to counterfeit bugs lol) in theory, with a zk privacy protocol (not just zcash), you could have a bug in a circuit that inflates supply provided someone extremely sophisticated finds it and somehow exploits it undetected (the difference between a regular defi exploit is that it's harder to detect) the new information since last week is that the team has ramped up redteaming their own circuits with a ton of new advanced tools and teams specifically for this purpose and patched the bug in the process (I actually thought people would find this bullish but I'm retarded clearly) on zcash, you can catch this with a turnstile such that the total supply is not inflated and the attacker is stopped but that would effect withdrawals from that specific shielded pool until social consensus you can probabilistically claim there was no exploit though not definitively because the turnstile would've triggered and probabilistically an attacker would've sold by now or the several other run ups, and the fact that the very best security people from all over couldn't find an issue for years, but nothing has changed as this was always the case it's also why "just adding privacy" on a different chain (without audit ability) is not as easy as it sounds because you want the very best people working on this at all times and that was the point of this I get this makes some people uneasy, so there will be a network upgrade to allow anyone to verify the integrity, coming up (see zooko's post) this is why project tachyon is going to be such a banger. not just because it will be quantum proof but because it will be a new pool (which will definitively prove this wasn't exploited), but because it will be formally verified, simpler, and provably sound anyway, im shielding and chilling see: x.com/ebfull/status/…

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dt0s
dt0s@shadeonmymind·
@mert so you're saying we need to trust until we can verify? sounds dope
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khajiit
khajiit@poweredbyskooma·
its obviously AI generated, I wasnt trying to hide that. im also not going to sit there and write out that long ass post when the AI can spit the facts out just the same. you cant have a fking no kyc mastercard. that entire biz is bullshit, some guy selling prepaid cards using a mexico corp entity. will be shut down instantly once they catch on to it. also fk you for promoting it
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Legacy
Legacy@YtgLegacy·
@MacroCRG so basically a unlimited amount of counterfeit zcash:native is possible? thats fking bad bro.
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khajiit
khajiit@poweredbyskooma·
do not use that crap. heres why: There is no such legal category as a "Non-KYC Mastercard." Every Visa/Mastercard card is issued under a BIN (Bank Identification Number) owned by a licensed bank or e-money institution. That issuer is bound by the card network's own operating rules and by anti-money-laundering law in its jurisdiction — the US Bank Secrecy Act, the EU's AML directives, and in Mexico specifically the Ley Federal para la Prevención e Identificación de Operaciones con Recursos de Procedencia Ilícita plus CNBV regulation of prepaid/electronic-money products. KYC/CDD on the cardholder is mandatory at the issuer level. It cannot be waived by a reseller's preference. So what is Goblin actually doing? The only coherent model — and the one independent crypto-card coverage describes — is that an operator like this is not a bank and not a card issuer. It buys or resells prepaid cards from a BIN sponsor (an offshore fintech) and signs you up as an anonymous sub-user on its own corporate account. The KYC was done once, by the operator, on the master account. To Mastercard, the card belongs to the sponsor; you are an unnamed entry in the operator's internal ledger. The "balance in MXN," the "no name printed on card," the "PIN in an envelope," and "balance check via partner app" are the exact fingerprints of a reloadable Mexican prepaid-card program being resold. Every Visa or Mastercard transaction flows through a BIN assigned to a licensed institution; non-KYC providers like Goblin Card are not banks and not licensed issuers — they operate as a reseller on top of a BIN sponsor's program, usually offshore. The practical consequence: the privacy is an illusion of one layer. You skip showing Goblin your passport. But the BIN sponsor and the upstream bank still hold the master KYC, the transaction stream is fully visible to the network and acquirers, and the operator itself necessarily knows your shipping address and your funding crypto addresses (which are pseudonymous, not anonymous — chain analysis routinely de-anonymizes BTC/ETH/SOL; only the XMR funding path resists it). You are trading verifiable, regulated custody for trust in an anonymous Telegram account. That is a strictly worse privacy posture than it sounds, not a better one. The About page says Mexico "offers specific legal frameworks that allow us to operate a Non-KYC card service while maintaining full compliance" and that the operation is "fully legitimate." This is false on its face. Mexico has no legal regime permitting anonymous, identity-free issuance or loading of payment cards; the opposite is true — Mexican AML law and CNBV rules impose customer identification on electronic-payment and prepaid products. A service whose entire selling point is evading identity verification cannot simultaneously be "in full compliance" with the AML framework of any FATF-aligned country. The phrase "we're transparent… through honesty, not obscurity" appears on a page that names no company, no legal entity, no registration number, no director, and no address. That is obscurity wearing a transparency costume.
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khajiit
khajiit@poweredbyskooma·
@TrafficBrokerX @DFoday24693 he's right. its really fking annoying. youve said absolutely nothing what 'certain things'? how is the real money made? whats the true game? open eyes to what?
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TrafficBrokerX
TrafficBrokerX@TrafficBrokerX·
The most amazing thing to me is how many people dedicate their life to the Affiliate Industry but truly have no clue how the game is played & how the real money is made Essentially 90% of the industry is blind to why certain people are doing certain things Your boss wants you blind to this, so you’re happy to make your 5% or 10% commission Most affiliates don’t even understand the true game I think the only way to understand is to be burned badly which always opens your eyes 👀
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khajiit
khajiit@poweredbyskooma·
@crypto_bitlord7 ones a jpeg, the other a cool shiny thing in your hand
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Crypto Bitlord
Crypto Bitlord@crypto_bitlord7·
Explain to me how Pokémon cards are flying and NFTs are dead? -It’s a marketing issue NFTs have a global accessibility to liquidity Pokémon cards are isolated locally with friction. NFT market can be 10x bigger. As an industry we need to do better: OpenSea needs buying out
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