Monero devs building a new privacy crypto (Tari - XTM and XTR)

I discovered this project a few days ago and I'm still learning about it.

Tari is a revolutionary blockchain project developed by former Monero contributors, designed to prioritize privacy, accessibility, and sustainability. With its innovative mining model, dual-token system, and user-friendly tools, Tari aims to create a thriving ecosystem for both technical and non-technical users. This article delves into Tari’s standout features, including its proof-of-work mining model, tokenomics, and the Tari Universe app.
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The live MinoTari (Tari L1) price today is $0.008058 USD with a 24-hour trading volume of $214,275 USD. We update our XTM to USD price in real-time. MinoTari (Tari L1) is up 11.39% in the last 24 hours. The current CoinMarketCap ranking is #3849 ...

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You can download the Tari software (for Windows, Apple or Linux) from their website:

https://airdrop.tari.com/download/FncwAiyWTY

It's very simple to install and the default configurations have you up and running as soon as you launch the software. My AVG anti-virus quarantined the software with a warning that it was a trojan (malware) application, but I told AVG that was a false positive and to restore the software with an exception and it's been running on one of my computers ever since. I also have the Theta EdgeNode software running on this machine and they both appear to be playing nice together (no problems/conflicts).

This mining software lets you configure how much of your CPU and GPU (individually) resources you want to let the app use. I've been posting about my experience with it here: https://www.pmbug.com/threads/tari-xtm-and-xtr-privacy-crypto-from-monero-devs.8340/post-139496

I find it fascinating that you've mentioned Theta because that's a crypto I've been looking into for a year or so now. The crypto world is funny how the least useful coins seem to do the best and are backed by speculation, and those with the most utility seem to perform the worst. The whole crypto market is driven by pump and dump cycles, where it's participants mainly comprise of people seeking short-term profits instead of those who value the underlying technology.

The typical progression for any new crypto is for it to drop 90% in value from it's CoinMarketCap release. I'll check out Tari because it does sound interesting. Thanks for sharing

I've been running a Theta EdgeNode for over a year now. The distributed computing technology is fascinating to me.

I agree that for for the most part crypto markets do not value projects that are building real value. There is way too much pump and dump casino gambling going on. There are some decent projects out there trying to build useful things though.

I have no idea whether Tari will achieve critical mass and amount to anything or not. It is very new and I expect will have some typical growing pains, but the development team has a lot of experience already with their work on Monero. I like what they are trying to do in developing a privacy focused currency that can compete in the proof of stake class coins with smart contracts and such. It is easy enough to set up the Tari Universe software and mine a few coins, so why not?

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