pippellia on Nostr: Disagree. - Money wants to be one, so a multi coin world is very unlikely - exchanges ...
Disagree.
- Money wants to be one, so a multi coin world is very unlikely
- exchanges from BTC to XMR are single points of failures
- Lightning gives you privacy and plausible deniability, unlike Montero
- Trying to be ASIC resistant is a big bet, that might blow up catastrophically, and requires centralization of protocol development
- with the same level of txs of Bitcpin, running a Monero node is way more costly
here is a great resource https://www.youtube.com/watch?v=P1PRKKlI-Jo
- Money wants to be one, so a multi coin world is very unlikely
- exchanges from BTC to XMR are single points of failures
- Lightning gives you privacy and plausible deniability, unlike Montero
- Trying to be ASIC resistant is a big bet, that might blow up catastrophically, and requires centralization of protocol development
- with the same level of txs of Bitcpin, running a Monero node is way more costly
here is a great resource https://www.youtube.com/watch?v=P1PRKKlI-Jo