dragonsidedd

joined 2 years ago
[–] dragonsidedd@sciencemastodon.com 5 points 2 years ago (1 children)

@stealths I think Monero is the best available Internet Currency.

Speculating on currency is way, way outside my specialization and is not of personal interest.

As a software engineer, designing and deploying a currency that is conformant with the design principles of the Internet... is exactly my specialization and interest.

[–] dragonsidedd@sciencemastodon.com 12 points 2 years ago (3 children)

@stealths @User1 I don’t think any of us running nodes are going to stop because of what any particular corporation decides. We’re not running nodes to earn money.

[–] dragonsidedd@sciencemastodon.com 0 points 2 years ago (4 children)

@RealBot it’s called being currency

Just that

Nothing else

[–] dragonsidedd@sciencemastodon.com 2 points 2 years ago (7 children)

@RealBot @mister_monster How about the “service” of being a trustless censorship-resistant privacy-respecting currency?

That seems like a usecase in itself that doesn’t require anything more.

@Hestia @MigratingtoLemmy No crypto is a good tool for the problems involved in money laundering.

Once you connect back to the public system of commercial payments, you have to explain where the funds came from. And nobody’s dumb enough to buy NFTs anymore.

[–] dragonsidedd@sciencemastodon.com 0 points 2 years ago* (last edited 2 years ago) (1 children)

@shortwavesurfer BTC multisig escrow was assumed deep in the guts of OB. A few Monero folks were looking into the work required to replace it, but OB flat out refused to commit *any* resources to it. The founder literally told me his investors would leave. Well guess what they did anyway.

I would love to see a fully decentralized, Tor-and-XMR-native marketplace. It blows my mind that we still don't have one. I would love to contribute to such an effort, if a credible one is on offer.

[–] dragonsidedd@sciencemastodon.com 2 points 2 years ago (3 children)

@shortwavesurfer @treetrnk open bazaar failed to embrace Monero. It died.

@Giffbro @monerobull Tor can also guard against MiTM/injection attacks during system updates, the way Whonix does. IoTs need all the help they can get in that regard.

Where does Monero fit in? Well, Monero is money. You should use it to buy the device, pay for your Internet service, tip your server...

[–] dragonsidedd@sciencemastodon.com 2 points 2 years ago (1 children)

@mister_monster No, MW does not make for infinite throughput.

It saves some disk space and some bandwidth. It’s a good tool for certain use cases.

It is not at all clear to me that those use cases are central to the problem of a Peer to Peer Internet Cash System

[–] dragonsidedd@sciencemastodon.com 3 points 2 years ago (7 children)

@mister_monster @snitchy_asc I had the same skepticism about monotonically increasing blockchain sizes.

I wish I had looked at storage and bandwidth curves a lot earlier.

Long term storage size is no longer a concern I worry about.

@rottenwheel XMR is the only fair-valued crypto. This is because it is the only one being actively used as currency, not as a Beanie Baby speculative scheme

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