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DERO could be an alternative with their full encryption of user balances and transactions
by mrbluecoat 1y ago
DERO could be an alternative with their full encryption of user balances and transactions
- TBaaddi 1y agoMonero has been used and proven for over a decade. No one wants to switch to some unknown tech with an unknown development team.
- DaSHacka 1y agoThe latter is arguably the more important of the two. I remember a scare some years back around a Monero developer that turned out to be a nothingburger, but it goes to show how important it is that the core development team is trustworthy, or at least sticks to their beliefs and don't capitulate to third-parties (whether public or private in nature). Monero is the one coin I can confidently say I trust the core developers on, it's had a strong history of making the right decisions where it counts in my opinion (breaking ASICs w/the monero-classic situation, making the official client default to downloading the entire chain, etc)
- OsrsNeedsf2P 1y agoHow much of the Monero development team is actually known? Last I checked some of their core team were anonymous but that might have changed
- deleted 1y ago[deleted]
- arccy 1y agoknown as in have a proven reputation / track record.
- MoneroDotForex 1y agoProven but pseudonymous, like Satoshi was. Adopted and used first by darkweb pot dealers, like Bitcoin was. Price supressed by government and banking hostility, like Bitcoin was.
- beeflet 1y agoDero privacy got busted about a year ago due to developer incompetence https://gist.github.com/kayabaNerve/b754e9ed9fa4cc2c607f38a83aa3df2a https://gist.github.com/kayabaNerve/b754e9ed9fa4cc2c607f38a8... After seeing this and their weak attempts at making a CPU-based PoW, I don't have any confidence in dero or its developers.
- mrbluecoat 1y agoGood to know. Thank you!