Re:Shelter Protocol: End-to-End Encrypted, Fedederated, User...
by vacuity on Friday July 21, 2023 @09:10AM
(#36813332)
Monero is the one cryptocurrency I will endorse for having a genuine focus on private transactions. For people living under authoritarian regimes, oppressive families, or just whoever wants privacy. My only misgiving is the energy usage.
Re:Shelter Protocol: End-to-End Encrypted, Fedederated, User...
by unshavedyak on Saturday July 22, 2023 @10:08AM
(#36826354)
I assume they're referring to the technology. Ie immutable ledgers, merkle trees, etc. You're referring to crypto coins.
An immutable ledger != bitcoin.
Is it? From where I sit it's an environmental catastrophe as we burn squillions of CPU/GPU cycles for the modern day tulip craze (bitcoin).
For any purported use case of blockchains, with possible exception of buying illegal things online, existing technologies are better.