/biz/ - Business & Finance

>Monero leads the way in privacy standards for crypto currency yet falls behind in adoption as a result, one solution to broaden the applications of monero is drivechain. Drivechain is a proposed soft fork to bitcoin which would allow for the creation of “trust-less” side chains
pegged 1:1 to bitcoin. It is “trust-less” because miners can steal funds from users, however assuming a sidechain is successful it is more profitable to take tx fees at least in a non tail emission blockchain like btc. The two mechanisms to deliver these features are blind-merge-mining and hashrate escrow. It would be unwise and overall damaging for monero as a whole to implement a 1-1 drivechain hard fork. However by exploring the technical aspects of how this could be performed this paper aims to aid in the development of monero based trust-less side chains pegged to monero.

>Monero’s private by default design and lack of major exchange centralization makes it an attractive central currency to develop drivechains on. Through a minimal scripting system other applications of cryptocurrency can be implemented on sidechains of monero while mainchain currency remains unaffected. Additionally monero’s tx keys may allow for better truly trust-less implementations of drivechains by having a built in secret to attest to an action made.

https://github.com/BrandyJSon/drivechain-xmr-research/blob/main/Application%20of%20drivechain%20to%20monero.pdf

>>56931802
>Has any of you seen the news on Bitcoin? They started censoring Whirlpool transactions

Is it deliberate or simply collateral damage?

>Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions
https://news.bitcoin.com/jack-dorsey-backed-bitcoin-mining-pool-ocean-acknowledges-filtering-ordinal-inscriptions/

For so called dead shitcoin quite large thread. Other dead end shitcoin threads at best gets 3 replys at best if no thread. Giving me early link vibes no matter how much based shitlord anonos would popo pepe on it

>>21610842
>undervalued
>$50b mc
>2nd biggest mc in market

>>21601753
interesting how when i wrote
>this sounds more like RSR
in this exact same thread, it got deleted right away... now its back up.... hmmmm...

>>21561762

>>21468567
>posts picture of moon
...what did OP mean by this?

>>21235555

>>21155555
this is actually the first quint ive seen ever.... hmmm

good time to buy right now, or should i wait a bit?

Is there anyone still following the price of shitcoins? After many years, I stopped coming to /biz/ this year thanks to the coronavirus crisis and US election. It looks like I didn't miss anything. Are Pajeets still scamming? Is Chainlink still the currency of the LGBT people?