Monero
by Gattaca - Saturday September 2, 2023 at 12:21 PM
#11
(Sep 20, 2023, 09:12 PM)mega-mind Wrote:
(Sep 10, 2023, 09:25 PM)Eagle Wrote:
(Sep 10, 2023, 05:36 PM)mega-mind Wrote:
(Sep 10, 2023, 03:52 PM)Eagle Wrote:
(Sep 10, 2023, 07:59 AM)mega-mind Wrote: Exactly, most optimizations sacrifice some decentralization, security or privacy. Faster and cheaper is enticing but can mean hidden costs. Monero prioritizes privacy over all else.
Its privacy merits seem incredibly valuable in the crypto space to me but you are right, things like limited scalability and slow confirmation times are drawbacks for sure.
for a privacy first chain, I'll take slightly slower and steadier. Some concessions enable true fungibility and censorship resistance. at the end it depends on use case priorities.
Monero's privacy is irreplaceable but for DeFi and dapps other coins may work better

Monero really shone a light on the need for confidential transactions. Most chains are still playing catch up on that front years later.

It's true, Monero's contributions to crypto privacy are massive. MimbleWimble and zk-SNARKS are steps in the right direction but not default across chains yet. Monero still leads there.
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#12
(Sep 21, 2023, 12:13 AM)Eagle Wrote:
(Sep 20, 2023, 09:12 PM)mega-mind Wrote:
(Sep 10, 2023, 09:25 PM)Eagle Wrote:
(Sep 10, 2023, 05:36 PM)mega-mind Wrote:
(Sep 10, 2023, 03:52 PM)Eagle Wrote: Its privacy merits seem incredibly valuable in the crypto space to me but you are right, things like limited scalability and slow confirmation times are drawbacks for sure.
for a privacy first chain, I'll take slightly slower and steadier. Some concessions enable true fungibility and censorship resistance. at the end it depends on use case priorities.
Monero's privacy is irreplaceable but for DeFi and dapps other coins may work better

Monero really shone a light on the need for confidential transactions. Most chains are still playing catch up on that front years later.

It's true, Monero's contributions to crypto privacy are massive. MimbleWimble and zk-SNARKS are steps in the right direction but not default across chains yet. Monero still leads there.
I think so too. Selective or third-party privacy options are better than nothing but still allow targeting. Monero bakes privacy into its protocol. Huge distinction.
Reply


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