Monero conference organiser looking forward to collaborate with the Zano grifters and considering to involve Zcash, too, is beyond pathetic.
I have always said, when @_cryptozoidberg speaks I listen. Here he is stressing Monero’s vulnerability to a 51% attack and reiterating his bold claim that he made years ago now at his first MoneroTopia Conf — that Monero will one day move to Proof of Stake. 🤯
Doesn’t seem so crazy now … and he also mentioned , if Monero ever does consider the POS direction, he would be ready to help.
I highly recommend watching the full hybrid POS/POW discussion from this year old + interview linked below where he mentions how Nicolas Van Saberhagen (the Satoshi of Monero) worked with him to develop the first implementation of POS on the cryptonote protocol !!! and how Koe, a Monero dev/researcher, worked with the @zano_project to develop the first “privacy preserving POS” implementation.
The next Conf is slated for February 12-15 in Mexico City again. We hope to have the Zano team participate again and we will continue to incorporate privacy tech crypto projects that are working on making improvements in untraceable, unstoppable, digital cash tech. Maybe we can get some @Zcash devs to participate with us this year too!
I am not saying POS is the way for Monero. I ain’t smart enough to make that call. I am just saying that the best way for Monero to continue to beat its adversaries, and maintain it’s position as THE true digital cash utility people actually use, is to never stop evolving and to always be open to learning from other projects. Especially from OG cryptonote devs like Andrey Sabelnikov.
'[...] worked with the zano project to develop the first “privacy preserving POS” implementation'
That's untrue, they still facilitate a PoW/PoS hybrid AFAIK.
First 100% private PoS will be @navio_official; testnet is life.
@DouglasTuman Will also stop to use @xmrbazaar or anything else you touch.
6.92K
55
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.