Re:An attacker is currently draining 100s of Solana, $SOL, w...
by ETH_start on Friday August 05, 2022 @11:48PM
(#32364656)
I am not talking about exchanges, which are not cryptocurrency. I am talking about on-chain finance, which in theory, can supersede the entire financial system, negating the need to interface with off-chain entities like exchanges.
Yes, this is all speculated/unrealized potential at the moment, but the potential is there nonetheless.
Just as an example - in reply above in this thread, your sour brother in this Church of St. Saylor provides Tornado as an example of of how private tokens are. But he is completely clueless about it, because the moment some of your tokes pass through it, then ALL your tokens become tainted. And majority of the exchanges will just ban you or block if that will happen. What an amazing future - if you want to be private, you must use some shady money laundromat and then risk losing all your tokens. Great idea. And there are other implications, like fouling other people wallets with Tornado tokens etc.
PS: oh wait, it was also you, that's funny :)