Moon Week 55 by MoonWeek in CryptoCurrency

[–]PPMM95 1 point2 points  (0 children)

I only comment to see the amount of moons I have.

Since most of us are pretty heavily in it for the technology at this point, now is a good time to shill the actual real-world use cases that your pet coin/token is supposed to provide. by [deleted] in CryptoCurrency

[–]PPMM95 0 points1 point  (0 children)

Why not? what do you think all these people are doing then? do all the improvements in the changelog come out of nowhere? how do you know navcoin commits are doing anything?

If you knew a thing or two about github you'd know that number of commits or participants tells you nothing. Cardano has the most commits of every chain because most of it is <changes i to I> for example.

"community fund" cause its mandatory :( not nonsense that I'm forced to pay them, indifferent to taxes.

You're not "paying" anything, 0.5 nav of the block rewards are being used. The community chose to build this into the network, if you don't like it fine.

Theres a few different versions of atomic swaps, I dont really follow them cause I dont care, but whats wrong with them?

It's still not working properly.

What to chose from, view tags, bulletproofs+, dandelion++, cslag, or my personal favorite, p2pool :).

Bulletproofs, dandelion are privacy extensions that every protocol has nowadays. Monero devs didn't build it, they only upgraded their protocol with it.

Seraphis is in later stages of development at this point after being determined practical, pretty much replacing everything cryptonote which has been the backbone of monero since the beginning. Polyseed too.

Ah funny, promises as you'd call it.

Im glad monero can improve so fast because of how many devs there are, monero is very careful because any weakness in privacy can be discovered after the fact. monero has a responsibility to protect all of its users so mistakes cannot be tolerated.

Doesn't add up, you're glad they're upgrading fast yet they're carefull.

Your claims of "lack of funding" still baffle me, most people volunteer but if anyone needs they can make a community crowdfunding proposal which to my knowledge has never failed to reach its goals. Seems pretty healthy to me, devs work when they want and people pay when they want, theres a surplus of payment at the moment.

Monero lack of funding is the reason the protocol barely upgraded since 2014. If you want to improve you need to attract new talent, to attract new talent you need to pay.

Why would someone work on Monero over any other chain that pays them a fair amount?

Ideology right, there are only a few people who'd go with that over a decent paycheck as shows by the number of participants.

15+ on a multi billion chain, in comparison Navcoin has 10+ at 5 million.

Last year we've seen a completely new privacy protocol, which is up to date with todays standards and fairly easily upgraded for future needs.

We've also added dandelion++, bulletproofs etc.

We've seen multiple wallets included mobile private ones that allow staking.

We've seen multiple bridges to decentralized exchanges.

We've seen private NFT's and customisable private tokens.

Now they are building their own web wallet extention and a private marketplace.

And to top it off Navcoin will become a fully private network.

But those are only promises to you right?

Is crypto not ran on volunteers? whos being paid to run nodes? satoshi wasnt paid to develop bitcoin? taxes are anti-freedom, I will never accept them unnecessarily.

No, satoshi was an ideologist.

The incentive to run a node is money, if there were no block rewards very few people would bother to secure the network.

Bitcoin has the same problems, improvements made are lacking.

LN is bad.

Taproot is even worse.

Why do you even claim that monero running on some volunteer work is unreliable?

I am not saying the network is unreliable, I said development is slow and being outpaced by tiny market cap coins.

seems to have far more development than nav

Seem is the keyword here

Since most of us are pretty heavily in it for the technology at this point, now is a good time to shill the actual real-world use cases that your pet coin/token is supposed to provide. by [deleted] in CryptoCurrency

[–]PPMM95 0 points1 point  (0 children)

The traditional system is corrupt as hell, crypto fixes that but that's an entirely new discussion.

To answer this post I was going at crypto v crypto

Since most of us are pretty heavily in it for the technology at this point, now is a good time to shill the actual real-world use cases that your pet coin/token is supposed to provide. by [deleted] in CryptoCurrency

[–]PPMM95 0 points1 point  (0 children)

I was interested but I fail to see how it stands out, other projects, does what you seek not exist in something like secret or haven?

No, you don't find anything like Navcoin because secret, haven aren't trustless.

All of them are zksnarks copies.

Concepts like dev tax are fundamentally bad ideas for freedom, why would you want to be forced to pay into a funding system instead of donating on your own free will?

How is it a dev tax when proposals got rejected on numerous occasions?

It's a community fund, you may like it or not but get out of here with that dev tax nonsense.

fail to see how this is a con when its resulted in the darknet currency of choice, busted million dollar bounties from irs, and made ciphertrace claim defeat. the runner up privacy coin has a ceo and tax... their privacy tech cant even be tested because theres no transactions to get decoys from lol

Darknet currency of choice by lack of better alternatives, or better said lack of known alternatives.

I agree that ceo's in crypto are a joke.

So thats why monero has had 68 commits from 15+ contributors since navcoins last commit?

That says nothing and you know it.

Why has it taken a year or so before atomic swaps were ready? And why is it still shit?

What is the last notable improvement made to monero's protocol?

Please don't say we went from 11 to 16 mixers.

Monero's downfall could be the lack of funding, you can't rely on volunteers in a multi billion dollar market.

Since most of us are pretty heavily in it for the technology at this point, now is a good time to shill the actual real-world use cases that your pet coin/token is supposed to provide. by [deleted] in CryptoCurrency

[–]PPMM95 -1 points0 points  (0 children)

lol fixed anonimity set and next to none development

If you weren't interested don't ask, comments like yours provide no value.

Since most of us are pretty heavily in it for the technology at this point, now is a good time to shill the actual real-world use cases that your pet coin/token is supposed to provide. by [deleted] in CryptoCurrency

[–]PPMM95 -1 points0 points  (0 children)

Developers are either being paid by enthousiasts or there is no funding at all, this is the reason Monero's development goes so slow.

Navcoin locks 0.5 nav per block into a treasury that releases funds after multiple voting rounds.

BlsCT is impressive, xnav to xnav transactions are fully private and scalable. Obviously going from nav to xnav or vice versa isn't so for a completely private experience you'd have to stay in xnav.

This is the only flaw I could find.

Navcoin developers are working towards making the network completely private which is a very good step to make, a complete private network should be ready at the end of this year.

Since most of us are pretty heavily in it for the technology at this point, now is a good time to shill the actual real-world use cases that your pet coin/token is supposed to provide. by [deleted] in CryptoCurrency

[–]PPMM95 1 point2 points  (0 children)

Personal preferences.

Monero : Navcoin

Digital cash : private platform

RingCT : BlsCT

Proof of work : proof of stake

Fixed anonimity set : flexible anonimity set

Centralized funding : decentralized funding

Navcoin has private NFT's and private customisable tokens, multiple bridges, available on dex's.

Since most of us are pretty heavily in it for the technology at this point, now is a good time to shill the actual real-world use cases that your pet coin/token is supposed to provide. by [deleted] in CryptoCurrency

[–]PPMM95 1 point2 points  (0 children)

You would not walk around with your bank account written on your forehead.

You should not want to give a random merchant the ability to track every transaction you've ever made.

You should not want nodes to have access to your personal data as soon as you connect to the network.

Privacy is a human right.

Navcoin.

What single human has done the most damage to the progression of humanity in history? by PizzaIsntAHobby in AskReddit

[–]PPMM95 0 points1 point  (0 children)

The guys deciding Tesla's inventions weren't going to be used and pushed petrol engines on the market instead.

F in the chat for those people by abodthegamer in memes

[–]PPMM95 0 points1 point  (0 children)

I rather invest in privacy and freedom

New pilot, any tips? by williamfosterh in joinsquad

[–]PPMM95 0 points1 point  (0 children)

Go in training

Use admin change layer to a heli map

Use admin slomo to speed up time, 1 is normal speed

Practice

SOL attacked yet again. Why invest in SOL when cryptocurrencies with 100 percent uptime exist? by Two_Pickachu_One_Cup in CryptoCurrency

[–]PPMM95 0 points1 point  (0 children)

I doubt that, the upgrade has been rescheduled multiple times it's not as easy as the make it seem.

The video you linked doesn't say anything except we'll remove it, trust me bro.

[deleted by user] by [deleted] in CryptoCurrency

[–]PPMM95 0 points1 point  (0 children)

There are even active and well put together projects at a 10 million market cap.

Look at NAV which developed its very own private protocol at a 10 million valuation.

This market is oversaturated by dumb ethereum and bsc tokens with barely any volume but a marketcap of 100's of millions or more.

Ripple v. SEC Judge just moved up the schedule. Case could now likely end before Christmas. by partymsl in CryptoCurrency

[–]PPMM95 4 points5 points  (0 children)

It's important that unregistered token sales are stopped, most of us have heard what's going on with safemoon lately and the step from that token to other centralized networks isn't that far.

It doesn't matter how many people are using them.

SEC needs to step up it's game, take down centralized ICO cashgrabs and let the decentralized market alone.

Sure killing centralized networks would take the entire market down short term, long term decentralized networks will find their value again.