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If you're interested in a fungible currency, checkout Monero. A true grassroots cypherpunk project.

• stevespang 6y ago
  Is it true that miners of Monero cannot censor it ?
  • RandomBacon 6y ago
    Monero miners cannot see the sender address, the receiver address, or the transaction amount. I don't know if they finished Dandelion which is supposed to remove the link between the transaction and the IP submitting it. As far as I know, without Dandelion, it can be censored by IP address if the people running the miners are paying attention to that part of the network, otherwise Monero cannot be censored like Bitcoin can be.
    • ajkdhcb2 6y ago
      Dandelion is running now
  • Acrobatic_Road 6y ago
    When no transaction information is given, all transactions are indistinguishable. Isn't privacy beautiful?
  • qertoip 6y ago
    Correct. There is no meaningful basis for censorship in a Monero transaction. The sender, amount, receiver and IP address are all essentially hidden or unavailable. Miner can still decide to censor all transactions, random transactions, transactions over certain KB size, etc - but that is probably not very useful, except maybe to attack the network as a whole.
• nosuchthing 6y ago
  Grassroots? Do you even know the history of Monero? Unfortunately Monero was intentionally designed to dump the money supply, so the vast majority of XRM was "mined" by a small group of traditional speculative capitalists. Monero just amplifies the current plutocracy of the money system due to the algorithm of the emission curve and mining system. It would be nice if there wasn't a crypto project that didn't try to scam people. https://monero.stackexchange.com/questions/242/how-was-the-monero-emission-curve-chosen https://monero.stackexchange.com/questions/242/how-was-the-m... https://monero.stackexchange.com/questions/858/monero-origins-optimized-crippled-miner https://monero.stackexchange.com/questions/858/monero-origin...
  • selsta 6y ago
    > Grassroots? Monero has no premine, dev tax and is a 100% open source project with volunteer contributors. It's about as grassroots as it gets in the cryptocurrency space. > so the vast majority of XRM was "mined" by a small group of traditional speculative capitalists. While the cripple mine happened, it only lasted a couple weeks and all of these coins were sold at market value. Monero was worthless for the first couple years. Monero has a tail emission / infinite supply making it fairer than fixed supply coins. Disclaimer: Monero contributor
• fouc 6y ago
  Wasn't bitcoin the first true grassroots cypherpunk project? :)