Bitcoin Forum
May 07, 2024, 10:04:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin is dead, long live ... what? on: June 10, 2023, 08:36:43 AM
Still no answer to the original question about comparison of the three altcoins. Is this an altcoin forum or what?

If you all think bitcoin is able to resist the NFT/ordinals attack, why don't you go to the main forum, where the attack is discussed? There, some people at least understand the threats it poses (although still no signs of resistance). Maybe you can offer some approaches how to resist the NFT attack if you think it can be overthrown?
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin is dead, long live ... what? on: June 03, 2023, 09:19:42 PM
If you all still hope that bitcoin will recover, what are you doing here, at the altcoins forum, instead of the main forum branch, specifically the ordinals thread? I've been seeing such recovery hopes from the very beginning of ordinals, like "just wait a week and it will all be gone", "it's just a hype, just wait a few more weeks", "just wait a month or two", etc. And I am watching the mempool size, and I see 100MB, 200MB, 300MB, and no recovery. And the blockchain is rapidly transforming from a transaction database into a modern art trash database. How long do you suggest to wait further? You are not even suggesting any resistance plans (or speaking about any resistance happening without our help), you are suggesting to just wait and hope.

No, thanks. I've been waiting enough, this is a made decision for me. I wasn't asking if there is hope for bitcoin recovery. I was asking, and I am still asking, which altcoin is better, which one meets the 4 criteria better.

And please don't suggest ETH, it was an utter garbage from the very beginning, with it's dreadful for privacy idea of "reputation of addresses". And if I remember correctly, the NFT attack was originally introduced and tested (and is still ongoing) exactly there, before the production-run on bitcoin.

zcash is not a currency of privacy, and here you will find yourself between Dash, which offers acceptable privacy in exchange for ease of use, and Monero, which represents better privacy with difficulty in use.
Thank you for the only comment that actually tries to answer my question. Could you be more specific? What are the main privacy issues/attack vectors with zcash? What are the priacy flaws of dash (that make you call it's pivacy just "acceptable" in contrast with monero's "better" privacy)?

PS I don't care about legality. Bitcoin and all other cryptocurrenies were de facto illegal and politically incorrect from the very beginning, and it was, and it is just a matter of time when it becomes illegal de jure, unless the governments finds a way to destroy crypto differently, with the NFT attacks, for example. All legal life available is rapidly shrinking to pray on SJWs, repent, and beg for their forgiveness. We all will be illegal people very soon (and de facto we already are), the question is, how to survive that. The question is not, which cryptocurrencies the SJWs will mercifully permit, the question is, which cryptocurrencies are able to resist.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Bitcoin is dead, long live ... what? on: June 02, 2023, 06:38:29 PM
Bitcoin is dying, it is not surviving the NFT attack. The mempool is permanently clogged with ordnials, and the developers don't seem to have any resistance plans. Even here, at these forums, there a lot of trolls writing dozens of layers of abstract nonsense in support of ordinals and totally ignoring the fact that normal payments with bitcoin have become impossible, as simple as that.

It's been a few months now, and there are no tiniest signs of recovery. That was it. I'm going to exchange my bitcoins to another cryptocurrency now. Since I am switching currencies anyway, I want to choose a good one, preferably eliminating the other problems bitcoin has (apart from ordinals), and not gaining more problems. I think I'm not the only one here who thinks about the same ideas, so I am creating this thread.

Specifically, for me at least, "a good currency" means the following:

1. Decentralization, at least the same level as bitcoin has.
2. Open-source, preferably with a package available in one of the major linux distributions (this ensures at least some level of information safety).
3. Privacy must be better than bitcoin has. Mixers are a very weak point of bitcoin, making a lot of centralization necessary.
4. A strong anti-NFT position of developers. After switching currencies, I don't want to face the same problem I escaped from.

My own research:

I found 3 popular currencies that (apparently?) meet these criteria, more or less: dash, monero, and zcash. As for open-source, they all have sources available for download, but the only one I found in a major official repo was monero, in debian. On the other hand, monero still looks "beta" in the sense that the version number starts with 0, unlike with dash or zcash.

Speaking of privacy, I see some contradictory information. Sometimes I see claims that monero offers better privacy, sometimes I see claims that monero "mixes" your transaction only with transfers of the same or similar amounts, while zcash "mixes" your transaction with many more others. Does anyone here know better or more precise details?

Speaking of NFT, I could not find any specific information about dash or zcash. Monero seems to resist. It looks like they have limited "the size of tx_extra" (if I understand correctly, this is some kind of "comments" field, and this was what the NFT attackers used against bitcoin) to 1k (https://github.com/monero-project/monero/pull/8733), hoping that this will eliminate NFT.

Any other opinions, advantages, or disadvantages of these 3 currencies?
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!