Have a hot wallet for your phone where you keep a bit of Monero, say 1 for example. Then you can use something like cupcake and cake wallet/monero.com to make a cold wallet. You should mine with a wallet specifically dedicated just for mining. Once you have some transactions in that mining wallet, you can sweep them all into your main wallet.
Monero
This is the Lemmy community of Monero (XMR): a secure, private, untraceable cryptocurrency that is open-source and freely available to all.
Quick Links
Resources
- monero.how – information hub
- Monero Library – information hub
- xmrchain.net – block explorer
- MoneroVision – block explorer
- moneroworld.com – list of remote nodes
- Revuo Monero – weekly newsletter
Desktop Wallets (Official)
Desktop Wallets (Third Party)
Web Wallets
Mobile Wallets
Warning: Freewallet is a Scam!
-----Android-----
- Monerujo
- MyMonero
- Cake Wallet
- Monero.com
- Edge
- Stack Wallet
-----iOS-----
Hardware Wallets
Why Monero?
Monero is secure.
Monero can't be hacked to steal your funds, due to the power of distributed consensus. This means that you are responsible for your own money, and don't have to trust any entity to keep it safe for you.
Monero is private.
The power of the blockchain usually increases security at the cost of privacy, but with Monero's sophisticated privacy-centric technology, you get all of the security benefits of the blockchain without any of the privacy trade-offs.
Monero is untraceable.
By taking advantage of ring signatures, Monero makes it ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to any particular user.
Monero is fungible.
Because of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors.
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
And on a different reply (in case you see the other comment before I edit it)
- What is the difference between Cake Wallet and Monero.com?
- Do you have any reccomendation for hot wallets?
- Could hardware wallets have any role in it (for the mining wallet, or for the hot wallet, or as an alternative to Cupcake and CakeWallet/Monero.com?
- Monero.com is the same as Cake Wallet, except that it's stripped down to only have Monero support and not Bitcoin, Ethereum, etc.
- Hardware wallets don't work super well in Monero yet because of the way view keys work. When FCMP and Carrot come in to play later on with the new hard fork, hardware wallets will begin working better.
- As far as mining goes, mine to a separate hot wallet, and then, once you get some mining done, take those funds and sweep them to either your hot wallet or your cold wallet. It doesn't really matter. What does matter is that you need a specific wallet that only is for mining and nothing else.
Monero.com makes a good hot wallet, but i prefer Monfluo personally as its totally Monero with no fiat APIs, swaps, etc. It's very similar to your physical wallet that you have in your back pocket with cash in it. That's all it does. It followes the unix philosophy of do one thing and do it super well.
I will set it up like that, try out the apps, and learn more about Monero to know what "FCMP" and "Carrot" mean. Thank you so much!