Replying to Avatar Dan

Very aware of lightnings current limitations. I never said "Lightning", I said L2 (should have said L2+).

Monero made conscious decisions to favor privacy over decentralization. I think making those tradeoffs on L1 is foolish. Therefore, it's a shitcoin.

No compromise decentralization is the only way to build a viable L1.
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Cypher Rex 2y ago

Can you point me out the decisions that Monero has made to favor privacy over decentralization? I was convinced that RandomX to avoid ASICs taking most of hash power was actually more decentralised then Bitcoin POW. I thought it was a good solution to avoid having most hash power concentrated in the hands of wealthy mining company owners as is happening with Bitcoin.

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Dan 2y ago

Digital constraints on hashpower are fallible. Physical constraints are superior in the long term. Energy is the only truly decentralized/permissionless constraint which can be anchored to.

Have you heard of stratumV2?