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That's why I'm interested in Monero. It's fungible and private, so nodes (master or otherwise) wouldn't know which transactions to block. If fiat evolves to d
by Casseres 9y ago
That's why I'm interested in Monero. It's fungible and private, so nodes (master or otherwise) wouldn't know which transactions to block.
If fiat evolves to digital-only, Monero will be the only digital currency you can spend without having banks or payment processors know all of your personal, financial details.
- phil21 9y agoI'm certainly interested in XMR (Monero) as the only other crypto aside from Bitcoin I think is worth paying attention to. However I don't think it's the final form. Some of the papers on tracking anonymous XMR transactions are a bit troubling, and I think there are some major scaling issues as well. Additionally all transactions must be anonymous or none are I think is a hard design goal. I can't say I've had enough time to really research it though - I like the goals behind the project, but think the execution may need some work.
- Casseres 9y agoWhen reading those papers, pay attention to which transactions they are referring to. Some of the early transactions I believe are linkable, but the newer ones are not as RingCT and other features went from optional to mandatory. Check out https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html https://getmonero.org/2017/04/19/an-unofficial-response-to-a...