This discussion is attached to the directory listing XMRMatters.
Service Discussion Started Jul 23, 2026 12:24 PM

[PSA] XMRMatters discussion thread, wouldnt trust, literal compulsive liar - XMRMatters

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Jul 23, 2026 12:24 PM Last edited Jul 25, 2026 1:41 AM
#1

their reddit thread:
https://redlib.catsarch.com/r/Monero/comments/1uexajc/p2p_exchange_dex_esrow_xmrmatters_is_officially/

they have also made 4 threads on here so far, not a single one attached as a discussion thread on their service page, so making that one attached to their service page since they just wont do it themselves

they also have been documented to lie on multiple occasions on this forum
that shit glow so hard, they have no respect for the cryptospace which is based on opensource while they're closed source and centralized (literally the most 2 basic things the space should avoid), so in return they deserve no respect either

instead of providing source code (which wouldnt matter anyways since they can run any code on their own server in the first place), they offered "documentation"
like, yea, you can offer "documentation" about the recipe for beef patties but serving pigs and rats patties instead, makes senses?

they gonna try to smooth talk their userbase into falling into their honeypot/scam design
centralized

their actual quote:

Second, your claim that users have to "learn how to use PGP/GPG" proves exactly why you need to read the documentation before attacking a project. Users do not touch PGP. The platform automatically encrypts trade chats at rest using a server-side public key.

like, yeah, same shit here, similar to incognito market, users of platforms like these should NEVER trust the "automatic encryption" (see again the screenshot from above)

deleted

and have come up with more lies since
liars being like "trust me bruh" and running "trust me bruh" services dont make sense

mediaHGr5-soWYAAgsyf

edit:
similar platform (openmonero) had those literal home addresses leaked today:

retardmatters

openmonero, xmrpool.cc and xmrmatters are all the same centralized garbage that shouldnt be trusted

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Jul 23, 2026 1:07 PM
#2

vibecoded slop. i don't know if it is made with malicious intentions, but doesn't worth anyone's time.

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Jul 23, 2026 2:52 PM
#3

There are more low quality submissions to Monerica than ever before. This is why it's best to look at when a site was created before trusting it. Can't fake time.

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Monerica.com — A directory for a Monero circular economy

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Jul 23, 2026 4:13 PM Edited Jul 23, 2026 4:14 PM
#4

I spent two full years coding XMRMatters from scratch to make sure it’s a fully functional, live service today.
Yes, it’s centralized, and I completely get why that sets off alarm bells in this community.

I’m not here to argue or try to smooth-talk anyone, trust in this space isn't earned through forum posts anyway. Time and a clean track record will prove whether the platform is legit. If it doesn't fit your threat model right now, that's fair enough, but the service is up, running, and here for the long run.

Also, I am available on Monerica, and Directory of the Monero Forum
https://monerica.com/site/xmrmatters
https://monero.forum/directory/xmrmatters

Cheers <3

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— XMRMatters Development Team

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Jul 23, 2026 4:17 PM
#5

Time and a clean track record will prove whether the platform is legit.

but the service is up, running, and here for the long run.

so as literal honeypots collecting data over the long run, they build trust overtime, collecting those sensitive data overtime

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Jul 23, 2026 4:34 PM
#6

No, actually I log nothing of the user data, I am aiming to open-source it soon, but it is just a matter of time while I am assured that the platform is from my perspective built to maximum limits/capacity that I have

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— XMRMatters Development Team

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Jul 23, 2026 4:43 PM Edited Jul 23, 2026 4:45 PM
#7

No, actually I log nothing of the user data,

trust me bruh, not logging nothin, trust

I am aiming to open-source it soon

yet again, as was pointed out in a previous thread, similar as this service over there:
https://redlib.catsarch.com/r/Monero/comments/1ty3cvf/new_whale_on_btcxmr_atomic_swap/
mbll-W

so even opensourcing it wouldnt change nothing on the trust aspect, as you would still be able to serve any code on your own server

"like, yea, you can offer 'documentation' about the recipe for beef patties but serving pigs and rats patties instead, makes senses?"

but in your case, the risk is not just "not performing the swap", but also "collecting home addresses, bank account details and so on, of every single individual using this centralized platform"

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Jul 23, 2026 6:21 PM
#8

I get the skepticism, any centralized platform requires trusting the host with data, and no forum post can magically eliminate that architectural risk. But I didn't pour two full years of my life into coding a functional platform just to burn my reputation or throw it all away on a scam.

I don't expect blind trust from anyone in this space; time, reliable uptime, and a clean track record will be the only real proof of the platform's integrity. If the current setup doesn't fit your threat model, that's completely fair, but the service is live, working, and built to last.

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— XMRMatters Development Team

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Jul 23, 2026 7:08 PM Edited Jul 23, 2026 7:08 PM
#9

@xmrmatters What are you talking about 2 years? The domain was founded 2 months ago and was submitted the exact same day to Monerica.

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Jul 23, 2026 7:18 PM Edited Jul 23, 2026 7:23 PM
#10

Yes the domain, what about the coding before that? It just popped outta nowehre? No localhost era?

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— XMRMatters Development Team

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Jul 23, 2026 7:35 PM
#11

Yes the domain, what about the coding before that? It just popped outta nowehre? No localhost era?

localhost era with LLM is like a week or so max for a platform like this lmao
and it prob could even be done in 3 days or less...

there is nothing complicated or time consuming to building a platform like this, you just make it sounds complicated by using big words from the LLM 😹

doubting the "2 years" too, prob just larping is been so long like literal satoshi before releasing that bitcoin thing but instead is literally just a basic centralized platform that the backend can be done in a single day by an LLM

But I didn't pour two full years of my life into coding a functional platform just to burn my reputation

kinda did tho, while DEXs been in the work for longer than that, and one released at the time you apparently started that
haveno went live in 2024, yeah, that's 2 years, bisq even longer
you had no reason to start working on that in the first place and yet for some reason u did, that's sus and u be glowing

and your excuse is "because people are retards that needs everything dumbed down, apps are too complicated for the retards, so they need the centralized honeypot design instead because they too retarded to use an app"

time, reliable uptime, and a clean track record will be the only real proof of the platform's integrity.

it will be the only real proof that other honeypots can do the exact same, congratulations on contributing to the honeypot agendas to desensitizing people to using centralized services

coinbase, binance and so on also do have a "clean track record" working directly with the feds, you're a dumbass

the current setup doesn't fit your threat model

it's not about "my" threat model, it's about whoever is using centralized services is potentially harming anyone else that they might be doing business with

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