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TODAY'S SHOW: The episode features a conversation between Douglas Tuman and Seth from Cake Wallet discussing Monero's 11th birthday and recent developments in the Cake Wallet ecosystem. Seth discussed several major updates to Cake Wallet, including background sync for Monero which allows wallets to stay synchronized automatically, and the implementation of a unified 12-word seed phrase system for all supported cryptocurrencies.
The conversation covered the upcoming FCMP (Full Chain Membership Proofs) implementation in Monero, with Seth estimating a timeline of 6-9 months for full deployment. Seth shared insights about Cake Wallet's integration with the Open Crypto Pay system, enabling seamless point-of-sale transactions in Switzerland. He also discussed the importance of maintaining a symbiotic relationship between Monero and other cryptocurrencies, particularly Bitcoin and Litecoin, as they serve as valuable on-ramps to Monero.
The discussion concluded with Seth emphasizing the need for the Monero community to focus on improving user experience without compromising privacy, and to be more open to integration with existing cryptocurrency infrastructure like BTC Pay Server.
TIMESTAMPS:
(00:05:19) Discussion on integrating XMR Chat with Cake Wallet.
(00:32:14) Upcoming native Tor integration for Monero wallets.
(00:33:13) Zcash community's recent efforts to regain adoption.
(00:41:32) Collaboration with DFX for POS solutions to integrate Monero into existing systems.
(01:03:39) Background sync feature for Monero wallets.
(01:11:50) Optimism about loosening regulations and supporting builders of privacy tech.
(01:18:04) Importance of fighting for regulatory wins while staying true to cypherpunk ideals.
(01:24:19) Onboarding new users to Monero and addressing initial friction points.
(01:37:48) Final question: How to maintain Monero’s lead in adoption and privacy.
(01:44:50) Closing remarks
LINKS:
https://x.com/sethforprivacy
Purchase Cafe & tip the farmers w/ XMR! https://gratuitas.org/
Purchase a plug & play Monero node at https://moneronodo.com
SPONSORS:
Cakewallet.com, the first open-source Monero wallet for iOS. You can even exchange between XMR, BTC, LTC & more in the app! Monero.com by Cake Wallet - ONLY Monero wallet (https://monero.com/)
StealthEX, an instant exchange. Go to (https://stealthex.io) to instantly exchange between Monero and 450 plus assets, w/o having to create an account or register & with no limits.
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