Personally, when I opened the link yesterday, I wondered if I was looking at a product for 4-year olds: Big round shapes, bright colors, ... and nothing that would give me a clue about what I am actually looking at.
I might simply not be in it, but who's the target audience here?
Oh. XMR.ID is not an email service.
Names simply resolve to Monero destinations to simplify payments for the sender.
The two formats whatever@example.org and whatever.example.org were chosen by the designers of OpenAlias, the set of definitions XMR.ID builds upon.
The animations in the website's screenshots-section show XMR ID's in action.
Note that the email address requested at signup is used by the system to send further instructions.
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.)
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)
There are actually mentions of people having had partial success, but your point makes sense regardless. I updated the description to clarify that interested developers have to express their intent beforehand. This way it should be easier to track who actually made it happen.
Agreed. I updated the description accordingly.
You are right.
According to my recent test, the premium was 4.7 percent compared to spot rates, hence their pricing is not competitive and Bitrefill remains without a serious contestant. There you'd only pay the ~0.5% fee for going through an instant exchange in order to have your XMR arrive as BTC.
EDIT: Now, a day later, I did another test and got percentages from 1.8 - 2.0 % which is much more reasonable.
Hint: To quickly get the hidden fees of any purchase, execute units like this:
./units.sh '<xmr-cost-at-checkout> XMR' '<EUR|USD|...>'or./units.sh '<xmr-cost-at-checkout> XMR / <value-in-fiat> <EUR|USD|...>' '%'for the total percentage asked.