Hypothetical question:
You absolutely have to choose 5 currencies. All of them must be cryptocurrencies. Yes, I know you ONLY want to have Bitcoin and the rest are shitcoins. I get it, but to participate in this post, work under this condition.
What 4 shitcoins would you choose to hodl in addition to Bitcoin and why? This is important.
#asknostr
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Replies (17)
Doggie coin isn't a shitcoin
Monero isn't a shitcoin
Ethereum adds some reach
Ethereum Classic adds concentrated reach with crypto veterans who understand the statement "code is law"
Monero, obviously.
Dero - private by default smart contracts and homomorphic something or another. Alien devs.
XEQ- Equilibria - private by default oracle
Stack those three together.
Zano- privacy coin that's about to have a bunch of other stuff going on with it. Dyor
And.. maybe XRP bc it seems like all the evil people want to to use it for cbdc's or some shit. Woukd just hold it to dump later
1. H
2. F
3. S
4. P
What?
Yup. Pretty much sums it up.theres just Monero man
maybe theres some reason to hold something else
if you trust in their centralized authorities
but who really cares?
Monero, Monero, Minero, Monero
FYI Dero privacy is still broken from earlier this year as Luke Parker demonstrated. Still no fix. Zano was like 80% premined or something crazy like that and has "dumb" smart contracts. They're not true smart contracts. There is supposed to be a Monerotopia debate with Zano community and Monero tomorrow about this.
So what would you choose?
also, the oracle used for assets and confidential layer is third party custodial.
not much info on the oracle system and code either
where is the debate ?
Oh word. I haven't been following stuff at all lately.
dero community called it a "bug" and then their main dev, "the captain" disappeared after a non-statement about the issue
Aside from Monero - Litecoin, Bitcoin Cash, Ethereum, and Nano are all interesting to me for different reasons, but they all have their own downsides of course.
Litecoin has MWEB (substantially better privacy than default Bitcoin - though not quite as good as Monero)
Bitcoin Cash has some new LargeInt operator thing that they're talking about building ZK privacy with
Eth has actual smart contracts and some privacy tech stuff though not as popular. Right now their L2s suck though all are centralized hopefully they fix that over time.
Nano is mostly interesting for it's DAG instant and feeless transactions, but it's DPoS so malicious actors can potentially censor the entire chain with only 34% stake, not as robust as PoW in that sense
if a single rep, or even several colluded, users can choose to change their rep. Individuals can continually route around a censoship attempt.
zero anonymity is the biggest drawback. imagine monero privacy on nano !
How is it "working as intended" if the chain is deanonymized and there is still not fix yet? 🤔
It's been like 8+ months since disclosure. Crazy.