5 ms·
> Monero or ZCash would have gotten the job done, These take minutes to send (very stressful!) preventing a nice venmo-like experience. They also pollute the p
by bdcs 5y ago
> Monero or ZCash would have gotten the job done,
These take minutes to send (very stressful!) preventing a nice venmo-like experience. They also pollute the planet
- bdcs 5y agoand by send I mean network confirmations + generating zkSNARKs on the client. IMO for a payment network to work, my mom needs to be able to use it and not be frustrated. Venmo barely clears that bar
- qqii 5y agoOn most clients spending and receiving is instant. What takes a maximum of 2 minutes on monero is waiting for your received balance to become available.
- xvector 5y agoThey take minutes to send and pollute the planet as a byproduct of their security and decentralization. Anyways, Monero does not contribute much to pollution at all. I guarantee you that you do far more things that pollute the planet in your daily life than a Monero transaction. MobileCoin is a farcical alternative to Monero, where a few “trusted” corporate nodes are run and 80% of the coin is premined.
- nadaviv 5y ago100% of it is premined.