Innovate Monero. Oh yeah, you already do it.
51% attack after 15 hard forks?


Innovate Monero. Oh yeah, you already do it.
51% attack after 15 hard forks?


And monero responded to the block reorganization by increasing decentralized hash rate, mitigating the problem, and devs are exploring options to prevent it from happening again.
It wasn't a 51% attack, they just created "valid" new blocks faster than the rest of the network could, a 51% attack would've let them go back and manipulate old blocks.
To refute the points in your meme.
1. Tails emissions is a fixed supply, 0.6 monero every two minutes (Bitcoin could also be updated to have its supply cap changed at anytime with consensus, or hard forks)
2. Based, so is Bitcoin, the point of Cryptocurrency is to enable people to live their lives freely from state tyranny.
3. Monero is ASIC resistant which is the primary reason the hash rate isn't higher.
4. Monero has adaptive Block size, and when you compare entities like MyNym, CoinCards, etc. that accept both Bitcoin, and Monero, Monero tends to win in consumer spending typically.
5. Price in fiat terms doesn't matter.
6. Hard forks are patches to prevent people from using outdated insecure software.
7. Yes, privacy is the main reason monero is popular because to date the network hasn't been deanonymized, the u.s. government, and Chainalysis have yet found a way to reveal the entire network transactions, and even with individuals they've targeted it was resource intensive to deanonymize, and primarily the main point of failure was swapping out to transparent blockchains. Monero still has reliable privacy even if the privacy is less optimized than Zcash.
8. I have many different Monero piles for different reasons, very rarely if ever have I sold it for fiat. Usually I use it to buy gift cards, or swap into other cryptos to use them for vendors that don't yet accept Monero.
So much BS its not even funny. Not really care to address it but,
Are they going to fix the problem with 16th HARD FORK?


Just when I think I’m starting to understand this, I stumble into a conversation that looks like English yet I have no clue WTF you’re saying and realize I know very little. 🤦🏻♂️
In short, I feel like Trump, a blithering idiot who pretends to know what he’s doing but is brought to the realization, almost on a daily basis, that I don’t even know 10% of what I think I do.😂
I wonder if they make a “crypto for dummies” book.🤔
Trust me, it took me years, and asking a lot of the smart people in Monero.
Unfortunately, many of them are harder to reach, or are gone now 😔✊️.
I try my best.
Block Re-org briefly covered.
https://v.nostr.build/pt3rcQeAdu84mxQV.mp4
Here's the Moneropedia which has all the technical lingo explained simply.
https://www.getmonero.org/resources/moneropedia/
Crypto is an ongoing learning process, we don't know every attack vector for crypto yet since more are being discovered daily but the monero community proactively responds after major attacks like The QuBic happened.
Video source: