LiberLion on Nostr: #Monero: An Anarchist System Monero is a decentralized network, in distributed tx ...
#Monero: An Anarchist System
Monero is a decentralized network, in distributed tx production, technical development and education.
This is Monero's most powerful quality.
There is no developer company and CEO, as in most Blockchains, a single point of failure, an attack vector.
Both #Bitcoin BTC and #BitcoinCash BCH have that same virtue, but their ledger is traceable and that is a vulnerability to the privacy and security of their users.
The Monero community is based on voluntarism to carry out transactions and to implement technical improvements in the development of the network.
Yes of course, coordination for development is slower than Blockchains developed by companies, centralization is faster but more insecure.
Most of the information and education that circulates is created by the community.
Monero brings together the characteristics thought by the first cypherpunks. Monero will always be a niche in the money market, because not everyone understands the need.
Do not look for $XMR as NGU or Hodl, but utility for the use of money in privacy.
Monero is a decentralized network, in distributed tx production, technical development and education.
This is Monero's most powerful quality.
There is no developer company and CEO, as in most Blockchains, a single point of failure, an attack vector.
Both #Bitcoin BTC and #BitcoinCash BCH have that same virtue, but their ledger is traceable and that is a vulnerability to the privacy and security of their users.
The Monero community is based on voluntarism to carry out transactions and to implement technical improvements in the development of the network.
Yes of course, coordination for development is slower than Blockchains developed by companies, centralization is faster but more insecure.
Most of the information and education that circulates is created by the community.
Monero brings together the characteristics thought by the first cypherpunks. Monero will always be a niche in the money market, because not everyone understands the need.
Do not look for $XMR as NGU or Hodl, but utility for the use of money in privacy.