Post
Topic
Board Altcoin Discussion
Re: XMR vs DRK
by
BlockaFett
on 29/03/2015, 17:44:54 UTC
Argument: "It's not even cryptographically secure"

Counter-argument: "We don't even need cryptography!"



This is how greed corrupts one's head into a mush of self-confirming biases based on pseudo-sense. What's sad is that it probably makes perfect sense in his head and he thinks everyone else is crazy.

I'll just ask (mostly for entertainment and not seeking a reality based solution): how does one create a fungible cryptocurrency without cryptography?

it's a common myth in XMR circles that crytpographic proof means the system is secure or am i wrong?

(before you start with the insults / hubris to hide your intellectual inferiority complex, this is a trick question)

Do you need cryptography to make a digital currency fungible to the degree that coins are fungible? Fungible to the point that one is as good as another and cannot be discriminated against in a transaction?

impossible to answer.  there may be digital currencies in the future that don't use cryptographiy.  so how to answer, is that a trick question?

what about my question? Smiley