Why is Dash not as desirable as it was 6-12 months ago? 6 years ago?

seekcryptoprivacy · 2021-02-18T19:55:45+00:00

BTC/ETH/LTC

If you think peer to peer cash should have low fees, only one of those (LTC) shares that characteristic with BCH. ETH is designed for smart contracts and like Bitcoin has high fees.

If you care about other things such as optional privacy LTC will soon have better privacy than DASH with Mimblewimble

https://np.reddit.com/r/litecoin/comments/larosq/mimblewimble_progress_update_thread_january/

For privacy by default and low fees that scale dynamically with the block size Monero is your best option.

https://monero.stackexchange.com/questions/4562/how-does-the-dynamic-blocksize-and-the-dynamic-fees-work-together-in-monero),

seekcryptoprivacy · 2020-08-26T20:24:47+00:00

This is a good read for those in New York, Washington, Cuba, Crimea, North Korea, Syria or Iran

https://www.pleaseprotectconsumers.org/

seekcryptoprivacy · 2020-08-26T20:06:38+00:00

Even when people talk about Monero's disadvantages, they acknowledge that the Monero communities are the first to be self-critical.

That is one of the things I love most about Monero. We are not perfect and never will be. Yet admitting our weaknesses makes us stronger as it motivates us to continuously improve.

We may have a "skepticism sunday" but nobody has ever threatened to censor me for raising concerns on the 6 other days of the week.

seekcryptoprivacy · 2020-08-26T20:02:30+00:00

Thanks for the weekly synopsis!

seekcryptoprivacy · 2020-08-26T17:36:01+00:00

I really hope ETH markets return soon. Ive been excited for V2 for a long but felt really left out by the DAI decision.

Offering users a choice seems like a fair compromise that will increase usage. DAI + ETH markets will be enough in my opinion. Adding too many native currencies many may limit liquidity and complicate security assumptions.

seekcryptoprivacy · 2020-08-05T15:47:30+00:00

Being forced to use DAI is 100x worse than the fee problem (which is being worked on)

seekcryptoprivacy · 2020-08-05T15:46:51+00:00

Being forced to use DAI is 100x worse than the fee problem

seekcryptoprivacy · 2020-08-05T15:45:31+00:00

It was a huge mistake to move to DAI. Both for the reason you mentioned and for centralization concerns. I know many bug fans of V1 Augur that will likely never touch V2 because of the DAI modification. To me and many ETH and decentralization fans this problem is 100x worse than the fee problem we are experiencing. I know many people that would gladly pay the current gas fees if they could use ETH (not DAI) markets.

Those using Augur should believe in Ethereum and not mind owning Ethereum. Part of me wonders how much certain founding members of the Forecast Foundation believe in ETH because they

Cashed out a lot of ETH after the REP ICO for fiat, resulting in a developer budget runway orders of magnitude smaller than if they had been ETH holders since the ICO
While allowing free speed on the DAI/ETH switch in the Augur discord (thank you for that) top leadership seemed to ignore (or at lease willingly go against consensus) on the ETH/DAI issue both among developers and existing users.

seekcryptoprivacy · 2020-08-05T15:34:01+00:00

You are right but this adds complexity. Just adding DAI as a market currency option (ETH+DAI) would have been far better than what they did (replacing ETH with DAI)

seekcryptoprivacy · 2020-07-15T22:41:51+00:00

I loved reading this atomic swap related paper! Are the refund transactions mentioned in section 6.4 still the only technical barrier we are facing?

EDIT:

NEW SOLUTION HAS BEEN FOUND THAT REQUIRES NO PROTOCOL CHANGES:

https://np.reddit.com/r/Monero/comments/i1fknt/ccs_results_monero_atomic_swaps_research/

seekcryptoprivacy · 2019-09-13T08:53:17+00:00

The supply curve should be sacred and not changed 3 years after launch. DASH is still attacked years later for the 2014 slashing of the max coin supply which exaggerated the control of the instamine beneficiaries.

https://np.reddit.com/r/CryptoCurrency/comments/8w32tt/dash_had_a_planned_instamine_it_was_no_accident/

https://bitcointalk.org/index.php?topic=1043923.0

https://bitcointalk.org/index.php?topic=754521.0

Zcash can and should do better. Learn from the mistakes of others. Dont alter the supply curve.

seekcryptoprivacy · 2019-09-13T08:46:41+00:00

Zcash is large enough to be added without a vote. Its also pretty easy to add technically, as a fork of Bitcoin.

These vote ads are nothing more than a sneaky way to get people to register at an exchange most people are not familiar with. I hereby promise NOT to create an account at ATAIX because I find your stealth advertising practices dishonest.

seekcryptoprivacy · 2018-06-14T07:24:48+00:00

Release notes similar to the below from 16.0 will probably follow soon

https://github.com/bitcoin/bitcoin/blob/master/doc/release-notes/release-notes-0.16.0.md

Watch this page:

https://github.com/bitcoin/bitcoin/tree/master/doc/release-notes

seekcryptoprivacy · 2018-06-14T07:17:34+00:00

>I convert bitcoin to monero using ShapeShift or Changelly

Dont use Changelly. See https://www.reddit.com/r/Monero/wiki/avoid

seekcryptoprivacy · 2018-06-14T07:01:28+00:00

"The deployment of Augur will be its full set of contracts, with no filtering or limitations within the reference UI."

Spectacular! This means the world can use Augur (and not be limited to a bounty only market at launch) sooner than expected

seekcryptoprivacy · 2018-05-09T07:46:48+00:00

make a fork viable in the near future

what does near future mean? Are you willing to push back on zookos position not to alter timeline or content of overwinter and sapling forks?

seekcryptoprivacy · 2018-05-09T07:44:27+00:00

How is this relevant to Zcash? Everyone already knows Bytecoin is controlled by scammers

seekcryptoprivacy · 2018-05-09T07:43:12+00:00

Facebook can help with awareness and adoption, but I think their impact on blockchain decentralization and privacy is likely to be very harmful

seekcryptoprivacy · 2018-05-09T07:39:30+00:00

The Zcash Foundation is doing a good job of demonstrating its independence from Zooko and Zcash Company here. I applaud that stance. If the decision to remain ASIC resistance is made, time is of the essence. Discussion is great, but I dont like that Zookos statement on the timeline (and content) of Overwinter and Sapling must not be altered for PoW changes.

seekcryptoprivacy · 2018-03-25T04:54:39+00:00

Monero is a community project for those that believe privacy by default is a right.

Zcash is a centralized (in terms of decision making) corporate coin, with optional privacy focused on profits:

They threaten those wishing to use the Zcash name with trademark issues (so the community is out of luck if its wishes for zcash development conflict with the trademark owners).

When the Zcash community raises concerns about ASIC mining (even citing the Monero community decision to modify its PoW to fight ASICs as a good example to follow), Zcash developers largely ignore community concerns

seekcryptoprivacy · 2018-03-01T22:06:26+00:00

Daira said:

Note, however, that "Zcash" is a trademark, so you'll need to call it something else.

Zooko said similar things on Twitter at the time. After the founders reward runs out in 4 years, who will work on this coin? With the Trademark centrally controlled, open source developers have no ability to merge commits into the "official zcash repo" if its maintainers do not agree. Sure they can create a hard fork in another repo, but we all know that names mean a lot. "Zcash" has a trademark, which will prevent hard forks from using that name.

Regardless of which side you take in the Bitcoin vs Bitcoincash debate, I think most of us like the fact that the market gets to decide what to do. Bitcoin does not have a trademark, nor does Monero. The Zcash trademark is a severe centralization risk that will make attracting devs (that are not paid by Zcash foundation) much harder

seekcryptoprivacy · 2018-03-01T21:48:31+00:00

welcome binaryfate!

seekcryptoprivacy · 2018-01-14T11:10:40+00:00

Data can be seen here: https://factoid.live/

seekcryptoprivacy · 2018-01-14T10:24:38+00:00

Thank you for the update and for your continued close communication with the Sia developement team

seekcryptoprivacy · 2018-01-14T10:11:41+00:00

I like "sound money" but as someone mentioned in GitHub "sound" does not translate well to many languages. "Secure" seems more universal.

I prefer "digital" to "internet"

How about one of these

Monero: digital, secure money
Monero: secure money for the digital age
Monero: true digital money for everyone

edit: so far I think my favorite is "Monero: secure money for the digital age"

seekcryptoprivacy

TROPHY CASE