I’m really hoping we figure out an alternative to monero that is less energy intensive though. It’s bonkers inefficient compared to other coin to mine, super anonymous though, so trade offs
yeah, to me bitcoin is rather a interesting pioneeing project which now is obsolete. there are a ton of decentralized DLTs that re not bitcoin and not even a blockchain in some cases (like Holochain for example)
Etherium, Solana…etc are the next level of more risky networks. They have distributed upgrade/change protocols as well but are not as decentralized as bitcoin. As for how efficient a coin is, I am not comparing that metric as efficiently does not correlate to risk. This post was just referring to risk.
What about Ethereum? I always thought Bitcoin was something to avoid since it’s proof-of-work.
Monero should be used. It’s the only really private/secure coin, although I think it’s proof of work too.
I’m really hoping we figure out an alternative to monero that is less energy intensive though. It’s bonkers inefficient compared to other coin to mine, super anonymous though, so trade offs
yeah, to me bitcoin is rather a interesting pioneeing project which now is obsolete. there are a ton of decentralized DLTs that re not bitcoin and not even a blockchain in some cases (like Holochain for example)
Etherium, Solana…etc are the next level of more risky networks. They have distributed upgrade/change protocols as well but are not as decentralized as bitcoin. As for how efficient a coin is, I am not comparing that metric as efficiently does not correlate to risk. This post was just referring to risk.