this post was submitted on 25 Aug 2023
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Monero Memes

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[–] lltnskyc@monero.town 3 points 2 years ago (1 children)

Is LTC (and ETH, and half-BTC) supposedly not decentralized according to this?

[–] tusker@monero.town 1 points 2 years ago (1 children)

I would say so, kind of half way there. Giant centralized mining operations on specialized hardware make it not that decentralized.

[–] lltnskyc@monero.town 1 points 2 years ago (1 children)

"Not that decentralized" != "not decentralized" Monero does not need to go the path of bitcoin maxis - trying to promote its own coin by shitting on everything else seems like a losers' strategy :( IMHO, if you wanted to show contrast with not decentralized coins you could have just used XRP, BNB and all the others truly centralized coins instead.

[–] tusker@monero.town 1 points 2 years ago (1 children)

I did not make the graphic so relax. Decentralization is not on or off, it is a spectrum.

[–] lltnskyc@monero.town 1 points 2 years ago

Cool cool, agreed