This is heartbreaking news. LocalMonero enabled anyone capable of navigating Ebay to convert XMR.
Thank you, Alex & the team, for all those years of providing what is probably the best Monero-service of all.
Address reuse NOT being a problem in Monero is the reason this service can be provided in good faith.
Why is Monero address reuse not discouraged?
You can find further details in this Monero Stackexchange thread.
The time required depends on where you start. Someone who knows how to register a domain but has yet to read up on OpenAlias will probably need about an hour or two (if we do not take into account the hassles associated with DNSSEC with many registrars).
Then the cost of a privately registered domain starts at around 15 dollars per year, whereas the same is roughly the one-time price of a permanent XMR ID with two domains secured against each other (meaning that both, DUKETHORION.xmr.id and DUKETHORION.xmrid.com will return the same Monero destination). Wallets can opt to verify this.
Manipulation of any record would immediately trigger a notification to all affected users, leaving me with nothing but a destroyed reputation.
The most granular use I can think of is telling someone in-person to load your XMR ID on their device and then confirming what you see.
Coupled with a client that stores the result in a local address book - and compares it with the current DNS responses every time - even senders can be sure that they are still working with valid information.
(An extension to the official Monero client supporting this is in the works.)
It's from monero.graphics. It could use an extra dot, I agree :)
The theme resonated - especially in the context of OpenAliases - as I consider more personal and memorable Monero destinations an important factor in the context of building parallel economies, human to human, thus making Monero "greater" through use.
Whenever someone would publish their experiences with AllArk on Reddit, the thread would get "downvoted into oblivion", with some people raising concerns of them themselves using bots to do so.
I also remember seeing an email log of a user "losing" a couple of hundreds to that same entity. I thought that was on monero.observer, but cannot seem to find it now.
Maybe someone else feels inclined to dig something up, but in general, just be very careful with what people recommend in the space. Most of the time they saw it mentioned somewhere and, with best intentions, just pass it on.
My concierge-service test as mentioned in the interview at ~13:40:
https://safereddit.com/r/Monero/comments/eb0iie/how_i_bought_a_3d_cam_anonymously_and_got_it/
Thank you - are you looking at adding that support to camss yourself?
Kudos on the progress!
Great. Maybe you can give a little heads-up after the weekend.
Refer to this and further comments for details.
Did this help? (referenced quote now added to description)
As it currently stands, I suspect Haveno will be in the same situation as LM, legally.