SaberhagenTheNameless on Nostr: Monero is PoW like Bitcoin. There is no pre-mine or dev tax like many other cryptos. ...
Monero is PoW like Bitcoin. There is no pre-mine or dev tax like many other cryptos. In the same ballpark node count as Bitcoin and potentially even more decentralized mining since anyone with a computer can mine it. As far as investors and promoters go that exists in every crypto including Bitcoin.
You can't use Bitcoin in a privacy-preserving way (or at least to the same degree as Monero). All transactions are transparent and public forever. The most you can hope for is clunky obfuscation.
Published at
2024-12-10 03:59:37Event JSON
{
"id": "3eb05e69abf5b70b7655e5b9b6beab5e789a6550c0accb747faa99ea45ecf1cd",
"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1733803177,
"kind": 1,
"tags": [
[
"p",
"31312140ea93476d078607bc9e176ca0b1464ea104a7d2e703bae5aa2471509b"
],
[
"p",
"38dbb9b07d93861d40620ad62d44b1a8e8785df0997eeb4454f12d217048cd5c"
],
[
"p",
"4c37f8d525d7a2e4500c01d0465c2361e293f80a8dbed145d88ba619da93347c"
],
[
"p",
"ba5115c37b0f911e530ed6c487ccbd9b737da33fd4b88a9f590860378c06af62"
],
[
"p",
"05972259ec683e9843ce12fae6cedda06e65062cfb014799e2abd52b2932bae6"
],
[
"e",
"53d120b0f2dde5a005ca404539ecd0496834f63a62a6cd99c6a763d03aeabd1e"
],
[
"q",
"53d120b0f2dde5a005ca404539ecd0496834f63a62a6cd99c6a763d03aeabd1e"
]
],
"content": "Monero is PoW like Bitcoin. There is no pre-mine or dev tax like many other cryptos. In the same ballpark node count as Bitcoin and potentially even more decentralized mining since anyone with a computer can mine it. As far as investors and promoters go that exists in every crypto including Bitcoin.\n\nYou can't use Bitcoin in a privacy-preserving way (or at least to the same degree as Monero). All transactions are transparent and public forever. The most you can hope for is clunky obfuscation.",
"sig": "85d6efa4e11cafb8edd679a05524a74692ce05cac6bac2647b0e39f391884ebe74c00e55b790879d766fa20678a5cab99e24e58e94015f83b0eb6528d486f841"
}
