Monero is computationally way too efficient (this will be it's downfall and why it will be relegated to occasional / sporadic use status - never main stream acceptance). It runs into the reverse network effects issues: not enough network, slow transactions, discourages use. Can't be solved easily due to its algos (which are part of it's blockchain design)
Monero and other RingCT + CryptoNote's do not break followable transaction links (by design). They can almost always be recovered with sufficient computational power (it's just stochastic, baby).
Dero is a platform with similar issues
Oxen not enough data compute.
None of the above are stable enough for even interim storage, as they are highly volatile and their whole mechanism encourages and in reality, supports speculation frenzies (and subsequent crashes in de jure value). This makes them great speculation vehicles for "get rich quick fantasies", one of the main reasons why the humanity is in the dire straits it is (nobody wants to do REAL work, giving REAL tangible VALUE without trying to fleece others or participate in a network ponzi).
When you read about cryptos and public ledges, you need to read attacking, mathematical and disproving arguments against them, not just the crypto-bro hooray-hey posts about how great their IT, ring signatures, ASIC proofing or whatever flavour argument of the month is.
Go the actual mathematical proof of it's founding innards.
That's where you find the proof.
Currently none of the cryptos for me do it. Hashgraph had its good points too (and failings), but it failed (creators always get greedy with DOLLAR - not crypto - signs in their eyes).
Show me a coin that is :
100% private in terms of transactions (i.e. only between parties, and even then anonymous, unless persons reveal the data)
computationally efficient, not a waste hog like BTC blockchain etc
fast & fair (in terms of transactions, mathematically in its algos)
distributed public (not private) ledger (while retaining the above!)
Not breakable by ABZT
PQC proof
fully audited code in IRL and by hardcore privacy and math geeks
all with math proof, not hand-waving and whitepapers, but mathematically testable proof
works in real life, not just on paper and in fantasies
Speculation proof, i.e. at least less volatility than major world de jure reserve currencies (this alone excludes 99% of the coins out there, they are just "get rich quick while telling cryptobro lies" schemes)
DDOS, censorship, network blocking and outlawing proof
Then i'll join. Till then, they are interesting and nice speculative trades and some of them provide an occasional semi-privacy function (if you are willing to jump through a lot of hoops), but mostly just tons of hot air and 99% speculation.
one of the main reasons why the humanity is in the dire straits it is (nobody wants to do REAL work, giving REAL tangible VALUE without trying to fleece others or participate in a network ponzi).> So true!
If everything collapses, who will maintain the infrastructure needed to deal with crypto?
I need supplies. A Jerry can of fuel, maybe 20 bullets. I need a winter coat for the wife and a half-dozen 2x4 boards.
OK, that's .05726 BTC.
Sure, let me build a power plant and server network to connect my totally not EMP'd phone to my bitcoin wallet and we'll be straight.
If everything collapses, food and ammo will be the currency de jure.
Monero is computationally way too efficient (this will be it's downfall and why it will be relegated to occasional / sporadic use status - never main stream acceptance). It runs into the reverse network effects issues: not enough network, slow transactions, discourages use. Can't be solved easily due to its algos (which are part of it's blockchain design)
Monero and other RingCT + CryptoNote's do not break followable transaction links (by design). They can almost always be recovered with sufficient computational power (it's just stochastic, baby).
Dero is a platform with similar issues
Oxen not enough data compute.
None of the above are stable enough for even interim storage, as they are highly volatile and their whole mechanism encourages and in reality, supports speculation frenzies (and subsequent crashes in de jure value). This makes them great speculation vehicles for "get rich quick fantasies", one of the main reasons why the humanity is in the dire straits it is (nobody wants to do REAL work, giving REAL tangible VALUE without trying to fleece others or participate in a network ponzi).
When you read about cryptos and public ledges, you need to read attacking, mathematical and disproving arguments against them, not just the crypto-bro hooray-hey posts about how great their IT, ring signatures, ASIC proofing or whatever flavour argument of the month is.
Go the actual mathematical proof of it's founding innards.
That's where you find the proof.
Currently none of the cryptos for me do it. Hashgraph had its good points too (and failings), but it failed (creators always get greedy with DOLLAR - not crypto - signs in their eyes).
Show me a coin that is :
100% private in terms of transactions (i.e. only between parties, and even then anonymous, unless persons reveal the data)
computationally efficient, not a waste hog like BTC blockchain etc
fast & fair (in terms of transactions, mathematically in its algos)
distributed public (not private) ledger (while retaining the above!)
Not breakable by ABZT
PQC proof
fully audited code in IRL and by hardcore privacy and math geeks
all with math proof, not hand-waving and whitepapers, but mathematically testable proof
works in real life, not just on paper and in fantasies
Speculation proof, i.e. at least less volatility than major world de jure reserve currencies (this alone excludes 99% of the coins out there, they are just "get rich quick while telling cryptobro lies" schemes)
DDOS, censorship, network blocking and outlawing proof
Then i'll join. Till then, they are interesting and nice speculative trades and some of them provide an occasional semi-privacy function (if you are willing to jump through a lot of hoops), but mostly just tons of hot air and 99% speculation.