Void Protocol on Osmosis: What you need to know
Due to the demise of #Terra Classic, Void is moving to @osmosis. Obviously, this means a few changes for Void, which you can find in this thread 👇
Ppl don't really get how relevant transactional privacy is to them.
The usual examples (political donations) seem a bit unusual.
Let's have some concrete examples everyone can understand, why YOU, personally, will want sth like TornadoCash to anonymise ALL your transactions.
👇
We are at a crossroads and people need to make the choice whether to head towards a dystopian future with absolute government control or fight for decentralized financial freedom.
We will release an update in the coming days about what this means for Void moving forward.
This most recent attack on crypto by the US government highlights the urgency that we face as a movement to make decentralized finance mainstream as soon as possible. Absolute control and censorship are what we are fighting against, and is the purpose of crypto’s existence.
Govs and institutions have realised that blockchain is a tool they can use for mass financial surveillance, the main fight now is to secure individual privacy. Take a stand. Keep your funds private. Build like you’ve never built before.
privacy is a human right
privacy is a human right
privacy is a human right
privacy is a human right
privacy is a human right
privacy is a human right
privacy is a human right
privacy is a human right
privacy is a human right
privacy is a human right
privacy is a human right
It was Tornado today.
Do you think they’ll stop there?
Tomorrow it’ll be Uniswap.
Then Ethereum.
If software isn’t safe then speech isn’t.
Where will you run?
Forget the money, this was always a revolution.
The money is just how we fund it.
To summarize
the US is willing to use its highest level of economic sanctions usually reserved for foreign powers and extremely dangerous people against a privacy product in crypto
The U.S. sanctioning of @TornadoCash privacy is a direct attack on blockchain adoption.
Mainstream adoption and integration of DeFi into commerce won't / can't happen without privacy.
It wouldn't be acceptable for your bank statements to be force published on your social media.
This is a very sad day for privacy on and around Ethereum. I hope the community will find ways to respond to this attempted to criminalize users that are seeking privacy. @TornadoCash
Don't forget, @ProtocolVoid is bringing private transactions and yield farming to @osmosis users. $Osmo stakers and LPs expected to get $VOID airdrop. Details TBD
https://t.co/S249XPFl2N
On public blockchains, transparency is a feature AND a bug.
Void aims to utilize the feature to fix the bug.
Building on @osmosis. Coming Soon.
$OSMO $ATOM $USDC #Privacy#PriFi
#Privacy is imperative to the success of cryptocurrency.
The purpose of #crypto’s existence is to provide a new financial system within which to transact value digitally, which doesn’t rely on third-parties such as banks or governments.
To succeed would mean mass adoption and a complete replacement of the current financial system. For this goal to be viable, #cryptocurrency needs to be free from censorship and control. To achieve this, privacy is essential.