#Monero: An Anarchist System
Monero is a decentralized network, in distributed tx production, technical development and education.
This is Monero's most powerful quality.
There is no developer company and CEO, as in most Blockchains, a single point of failure, an attack vector.
Both #Bitcoin BTC and #BitcoinCash BCH have that same virtue, but their ledger is traceable and that is a vulnerability to the privacy and security of their users.
The Monero community is based on voluntarism to carry out transactions and to implement technical improvements in the development of the network.
Yes of course, coordination for development is slower than Blockchains developed by companies, centralization is faster but more insecure.
Most of the information and education that circulates is created by the community.
Monero brings together the characteristics thought by the first cypherpunks. Monero will always be a niche in the money market, because not everyone understands the need.
Do not look for $XMR as NGU or Hodl, but utility for the use of money in privacy.
Li₿ΞʁLiøη 🏴a³
npub1wp…hzs7p
2024-09-10 11:02:49
Author Public Key
npub1wpzpvzfkn4m754fasp0wnt6ck20ycww4kz9nj4n5rquu9ul7a0xq4hzs7pPublished at
2024-09-10 11:02:49Event JSON
{
"id": "6ffcac102aa61bc4f1ce399f332530d93bf989443facbfdfb4f1f958889d9327",
"pubkey": "70441609369d77ea553d805ee9af58b29e4c39d5b08b3956741839c2f3feebcc",
"created_at": 1725966169,
"kind": 1,
"tags": [
[
"t",
"Monero"
],
[
"t",
"monero"
],
[
"t",
"Bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"BitcoinCash"
],
[
"t",
"bitcoincash"
]
],
"content": "#Monero: An Anarchist System\n\nMonero is a decentralized network, in distributed tx production, technical development and education.\n\nThis is Monero's most powerful quality.\n\nThere is no developer company and CEO, as in most Blockchains, a single point of failure, an attack vector. \n\nBoth #Bitcoin BTC and #BitcoinCash BCH have that same virtue, but their ledger is traceable and that is a vulnerability to the privacy and security of their users.\n\nThe Monero community is based on voluntarism to carry out transactions and to implement technical improvements in the development of the network.\n\nYes of course, coordination for development is slower than Blockchains developed by companies, centralization is faster but more insecure.\n\nMost of the information and education that circulates is created by the community.\n\nMonero brings together the characteristics thought by the first cypherpunks. Monero will always be a niche in the money market, because not everyone understands the need.\n\nDo not look for $XMR as NGU or Hodl, but utility for the use of money in privacy.",
"sig": "dd77e85825e760452ee3cca92b76eb8157b95ae39159bfbf4af389b9e979560cd7dc5cf9e5bc4647ea15892fc073083b988f67ac82329bc93b2afb30fb6ab747"
}