Until crypto gets serious about addressing its environmental impact I have a hard time jumping on board. As far as I know Monero is better than most, but still enthusiasts tend to hand wave away the energy concerns.
Monero is better than most in some ways, but it’s proof-of-work so not really any better in that way. Ether is the one that doesn’t waste energy, Monero is the one that offers privacy. There’s at least one that tries to do both but even fewer people have heard of it.
I’m sure there’s probably more than one and I don’t even remember which it was that I saw, but a quick search turns up GNO which is said to be privacy-focused although it isn’t immediately clear how exactly it works.
Personally I’m rooting for something non-blockchain for the electronic payments system of the near-ish future: GNU Taler. It solves enough privacy problems to be useful, making it much better than what most of the world uses now, without immediately becoming the basis for a pyramid scheme, an instrument for pump-and-dump scams, a means of receiving big ransom payments, or a big flashing target for banking regulators.
Isn’t Monero “some crypto bullshit”? Or is there a privacy related tool with the same name that I’m not aware of?
Monero is a cryptocurrency that actually offers the privacy that every other cryptocurrency claims to have.
So it’s cryptobro bullshit
Until crypto gets serious about addressing its environmental impact I have a hard time jumping on board. As far as I know Monero is better than most, but still enthusiasts tend to hand wave away the energy concerns.
Monero is better than most in some ways, but it’s proof-of-work so not really any better in that way. Ether is the one that doesn’t waste energy, Monero is the one that offers privacy. There’s at least one that tries to do both but even fewer people have heard of it.
Which one is that? I haven’t really followed crypto in about 7-8 years but I am very familiar with Monero’s background.
I’m sure there’s probably more than one and I don’t even remember which it was that I saw, but a quick search turns up GNO which is said to be privacy-focused although it isn’t immediately clear how exactly it works.
Personally I’m rooting for something non-blockchain for the electronic payments system of the near-ish future: GNU Taler. It solves enough privacy problems to be useful, making it much better than what most of the world uses now, without immediately becoming the basis for a pyramid scheme, an instrument for pump-and-dump scams, a means of receiving big ransom payments, or a big flashing target for banking regulators.
Oh dear, a token. Again, I’m not following any cryptocurrencies but tokens seem to pop up in the bad news column often.