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> Good cryptocurrencies (like cryptonote, zerocoin, etc.) Ah, you've got shitcoins to hawk.
by tossl568 4y ago
> Good cryptocurrencies (like cryptonote, zerocoin, etc.)
Ah, you've got shitcoins to hawk.
- cowtools 4y agoThose are protocols, not necessarily cryptocurrencies[0][1]. They were originally designed as improvements to the bitcoin network, but that never came into fruition due to stubborn bitcoiners like you who refuse to improve the network. The Cryptonote[2] and Zerocoin[3] whitepapers were published back in 2013/2014 and made some pretty important security improvements to the bitcoin network. I suggest giving them a read. Many of the systems that were once designed for Bitcoin, such as P2Pool now work on projects like cryptonote[4]. We have also designed a proof-of-work system that is completely CPU-bound (you can mine it on your home computer as satoshi intended)[5]. Also, the cryptonote/zerocoin-derived cryptocurrencies are hardly shitcoins seeing as they have effectively displaced Bitcoin's original use-case as of this year. [0] https://en.bitcoin.it/wiki/CryptoNote https://en.bitcoin.it/wiki/CryptoNote [1] https://en.wikipedia.org/wiki/Zerocoin_protocol https://en.wikipedia.org/wiki/Zerocoin_protocol [2] https://web.archive.org/web/20190214045623/https://cryptonote.org/whitepaper.pdf https://web.archive.org/web/20190214045623/https://cryptonot... [3] https://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf https://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf [4] https://github.com/SChernykh/p2pool https://github.com/SChernykh/p2pool [5] https://github.com/tevador/RandomX https://github.com/tevador/RandomX