if you wonder why monero:native is one of the only tokens go up when bitcoin:native goes down you might ask yourself what are the core principals of cryptocurrency
The Monero Research Lab has provided an update on the second testnet (beta stressnet) for Full-Chain Membership Proofs (FCMP++) and CARROT!
We implore the Monero community to continue to participate in testing and to report issues in order to ensure a smooth transition!
⚠️ Unpopular Opinion:
Most cryptocurrencies will eventually go to zero.
Not because blockchain failed…
Because the mission was abandoned.
Crypto wasn’t born to create digital banks.
It wasn’t created to collect your ID, your biometrics, your location, your tax profile, and every transaction you’ve ever made.
The cypherpunk movement stood for something different:
🔒 Privacy
🔑 Self Custody
⚡ Permissionless Transactions
🛡️ Financial Sovereignty
Now we’re told KYC is freedom.
We’re told surveillance is compliance.
We’re told to trust the same systems crypto was designed to replace.
The question isn’t whether governments will come after privacy coins.
The question is:
Why are privacy coins one of the few sectors still defending the original vision?
Are some projects building freedom…
or building databases?
Are they preparing for mass adoption…
or preparing to know exactly who profits when the next moonshot happens?
I don’t know.
But I know this:
I choose self custody.
I choose privacy.
I choose financial sovereignty.
👑 Monero remains the king of privacy.
Privacy isn’t a crime.
Privacy is a human right.
@monero $XMR #PrivacyCoins #Cypherpunk #SelfCustody #FinancialFreedom #DigitalCash #Crypto #Sovereignty #PrivacyMatter
@solami66 I already own a small amount and run mining on two of my computers just to participate. I'm not a maxi. The same question can be asked about Monero as I'm asking about ZEC. In the land of blockchains, the real numbers don't support a huge demand for this feature.
This is a sincere question. Because I just don't "get it"
If the privacy narrative is supposedly so strong, why is no one using it? Other than a couple edge cases ZEC has less than 10K transactions per day. Monero has 3x that.
Berachain? Monad? Significantly dwarf daily transaction count. And they are dead chains.
Anyone can spin up a coin with a 21M supply cap. If the entire narrative is "people demand privacy" why doesn't that show in the numbers?
Again, this is a sincere attempt to understand. Not trying to piss off a cult today.