Post
Topic
Board Altcoin Discussion
Re: Why I am bullish on the Oasis Network.
by
Nasreddin1205
on 27/10/2022, 12:21:58 UTC
You are putting too much emphasis on the creator and that's like a hard sell to me similar to most tokens nowadays. I understand that knowing the team is also important but focus on what this network does and explain it the simplest way possible.

You mentioned privacy as one feature but what assurance can users get once regulators comes knocking to your door? Only Monero didn't back down to the various anti-privacy policies.

High-throughput and low gas fee is pretty common among projects nowadays.

I would invite you to read the most recent announcement with Equifax and Oasis Labs. Their goal is to provide privacy compliant methods, IE, while users have their sensitive information protected, it still allows for auditability. Not to mention that Monero is privacy at the consensus layer (meaning the bare bones), and doesn't provide the ability to offer privacy-preserving smart contract environment that allows for more complex executions.