Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
AnonyMint
on 02/09/2014, 23:22:22 UTC
Right.  Here is what I know.  Darkcoin was kinda a piece of shit and I avoided it.  But looking at the top market cap in the top 10 currencies it's pretty obvious that anon is NOT a fad in crypto.  It should be a cornerstone.  So anon = important.

Cryptonote is something besides a bitcoin clone.  Monero is well distributed.  Blockchain bloat sucks.  It's not the outright scam Darkcoin was.  Although Darkcoin scam + being first mover and seeing it's success was a lesson in how huge first mover is worth in this space.  

I'm not sure if first mover in anon coins is still a big deal since dark is falling to Monero?  Does Monero get first mover advantage if it passes Dark - or is first mover advantage gone?  But it sure seems like it would be an uphill battle for a new currency.  And at some point consensus / network effect takes over.  (MS Windows vs Mac, etc).

Just random facts.  I do wish all the issues you brought up were resolved (although I will admit to not understanding some of them).  But ... do they have to be to make a significant huge massive improvement to privacy over bitcoin?

Here is my opinion. Opinions will vary. And you know I am biased because I am developing something.

Monero is indeed a reasonably serious effort and offers something different than Bitcoin. But Monero isn't what I want, because I want to defeat the Fascist State. So my goals are higher. But all I have to offer is vaporware, which is in many ways worse than useless to you as a reader.

Note when I inquire about the capabilities of the Monero developers, it is not that I am trying to make negative publicity. I am trying to ascertain what their capabilities are, because I am developing something. I view them as a strong competitor.