Oddbean new post about login | logout I found a coin with even less supply than Bitcoin. If it's all about supply, here you go start stacking! https://www.coingecko.com/en/coins/42-coin
Good trolling 😂 On a serious note, you don't know the future supply of this shit because the founder could expand it.
You're holding two contradictory views at the same time. Does max supply matter or not? Would take you 30 seconds to search and discover that Monero uses PoW just like Bitcoin. Walk me through how the "founder" would inflate supply. Unless by that you mean they can mine like any other user?
My reaction is on your 42 coin.
In other words the supply of a coin isnt all that matters A coin can have less supply, but still be absolute garbage
Supply matters, but trusting a founder or founders to not expand the supply is stupid. With bitcoin and monero you have a decentralized network of nodes that will not shoot in his own feet with changing the code to expand the supply more than the code tells now. I believe can not invent scarcity twice. The good things of monero could be build on top bitcoin.
"The good things of monero could be build on top bitcoin." Patiently waiting 🕑💀
For onchain transactions it will probably not happen in a big way. On second layer it is in progress, lightning and cashu.
Cashu is custodial, Monero is not Lightning is a UX nightmare for sovereign users, Monero is not Not anywhere close to full replacements
I agree that the UX for lightning is not great as sovereign user at this moment but manageable. It definitely progressed a lot last year. Cashu is indeed custodial so in full trustless network it doesn’t work. Just a question out of curiousity are there any trustless swaps between bitcoin and monero build now? Where are now the main fiat ramps for monero?
I use both lightning and Cashu. Each has unique advantages and disadvantages, so I can't call them a replacement for the others. Yes, trustless swaps: https://basicswapdex.com/ https://unstoppableswap.net/ Coming Soon: https://serai.exchange/ https://github.com/decred/dcrdex No-KYC fiat ramps: https://haveno-reto.com/ https://bisq.network/ https://dex.robosats.com/ https://coinatmradar.com Kraken, KuCoin, HodlHodl are centralized fiat ramps - KYC obviously
Do you know if this uses COMIT for Bitcoin to Monero swaps?
Unstoppable (and the new Feather plugin) both use COMIT
Yes, and BasicSwapDEX uses https://github.com/h4sh3d/xmr-btc-atomic-swap Not sure how Serai and Decred are going to do it
#haveno and DFX.swiss or Onramper via @cakewallet
Havnt tried it myself but there is https://unstoppableswap.net/