• 0 Posts
  • 8 Comments
Joined 1 year ago
cake
Cake day: June 13th, 2023

help-circle


  • Essentially it’s a giveaway/handout/distribution to people who fulfill some criteria. There was one coin that gave away significant amounts (>1k USD) to early users and since then it has become kinda popular. Because who would turn down something free?!

    Except its not free. For starters, you’d usually have to pay significant network fees to claim the airdrop, and second the money has to come from somewhere. It’s the same with government printing money and distributing some to the people, in the end we all pay for it with inflation. So yeah, pretty scammy overall.






  • Greetings from our instance monero.town :)

    First things first, you do need a wallet to receive, store and send monero. Good options are:

    • official GUI wallet from getmonero.org (PC)
    • cake wallet (android, IOS)
    • monerujo (android)

    Second if you do any open source work, consider putting up a donation address. Donating with Monero is easy, cheap and quick, which makes it a nobrainer. Depending on what you do, you might want a separate wallet for that (maximum anonymity), otherwise a sub-account or sub-address give sufficient private for most users.

    Finally if you need larger amounts to spend, you need some exchange. The most popular P2P one is localmonero.co, trocador.app is great if you have other crypto already and kraken.com is the best KYC exchange.

    Have fun, and feel free to ask any of us if you have any other questions.