I agree. I haven’t followed the issues with Babylon but I saw that the release date was pushed back to September... I remembered when Vitalik was expecting to implement PoS in the early days. It took something like 5 more years to actually see the light. So I would be surprised if we see Xi’an being released as early as 2024.

Check out Keystone. They have a #Bitcoin only mode but obviously not as many #Defi integrations.

Here is an overview of the history of #eCash. #BTC #BCH #BSV

MoneroNodo is an interesting #Monero project. It’s a built-in Monero node that makes running your own node as easy as plugin a cable. It is #Tor enabled, optimized for speed and even has a screen so you can consult the block explorer on the device. This is the kind of initiative the #Crypto industry needs the most to democratize decentralization and self-custody! You can pre-order one here https://moneronodo.com/

Also here is a good interview of the team behind the project: https://odysee.com/@MoneroTalk:8/monero-nodo-a-plug-play-monero-node:6

To answer your question, I think #Radix is still very experimental. The vision will only be realized with the release of Xi’an which doesn’t have an official timeline yet and is probably a few years away. Also, transactions finality will be more around 10 seconds with Xi’an which is less than some other protocols and may be a hurdle for some use cases such as in-person daily payments. Another unknown is how well Radix will be able to incentivize a large set of validators while keeping them very decentralized. Is it going to be easy enough for non-professional to run a validator? I think the team and roadmap is solid but at this point the success of the project is still speculative. They will certainly encounter some roadblocks along the way.

Wouldn’t this be true for other sharded blockchains as well? Clearly, #Near doesn’t have the most decentralized set of validators.

#eCash is a fork of #BCH and led by the dev team who created #BCH. It’s probably going to be a while until we see smart contracts on eCash. So far the #Avalanche protocol is used to enable 1 block finality and soon it will enable sub-3 seconds finality. It will be #Bitcoin on steroids from a technical standpoint.

I think #Radix will gain more traction with the Babylon release which will enable smart contract on-chain. Until then, #Dapps can’t be released.

Interesting take of the #GoldBacks. They are certainly solving one of the main obstacle to the adoption of #Gold as a payment medium. It makes gold fungible for everyday purchases. I could see how many folks reluctant to use #crypto could be using this during a #currency crisis. Probably not a bad idea to get some in complement of #Bitcoin

https://www.zerohedge.com/personal-finance/what-will-you-use-money-if-dollar-dies

1. Radix -> the most scalable but still a work in progress

2. Avalanche -> the second most scalable with faster finality (sub 3 seconds)

3. Near -> good approach to sharding

4. Ethereum -> the most liquid and best tokenomics of all L1

5. eCash -> not yet an L1 but could become one down the road (avalanche, subnets). Would be similar to avalanche but with better tokenomics and security features (PoS + PoW)

I understand your position and certainly it’s shown to be the best one in terms of gaining sovereignty as #Bitcoin has been the best performing #crypto through each bull/bear cycles. Also it’s true that #btc has a unique set of conditions that haven’t been replicated by most other cryptos although some have been created under similar conditions. Certainly, pre-mines are a massive disadvantage for most other cryptos. The biggest concern I have with Bitcoin (and crypto in general) on allowing to reach sovereignty is that they are not yet a convenient medium of payment in a non-custodial way. Even if tech-savvy people can make it works, most people are unable to use properly for transacting and if not fixed, it will become an issue once the Bitcoin <> fiat on/off ramp will be cut.

I don’t understand the rational of saying “if it’s not built on top of the Bitcoin base layer, it’s just Fiat with extra steps”. Besides fiat-pegged cryptos, all blockchains function independently from the fiat system. I don’t see how the relation between #bitcoin <> fiat or #crypto <> fiat is any different. All cryptos compete for the same fiat liquidity. The value of #btc isn’t really tied to its finite supply (as the crypto supply is theoretically infinite) but rather to its network effect, market liquidity and security level.

Many people tout the privacy benefits of using #lightning but unless you run your own lightning node (which most people don’t) you have to rely on a third-party node that knows exactly how much #btc you send and where they are sent (because of source routing). So it seems that 99% of users should have zero privacy expectation when transacting with lightning. Or, what am I missing? #bitcoin #privacy

I agree that powerful interests work hard and have capabilities to put people in place but I disagree that the battle isn’t worth fighting. Yes, it is an uphill battle for any outsider candidate to beat the system but if you think that #RFKjr is honest in his endeavor (and you share his vision), sending a donation is a low effort action you can take to support him. Whether you send cash or #Bitcoin isn’t the point although using #BTC is a way to signal that Bitcoin is a viable alternative to the dollar. The guy wants to guarantee the right of people to use Bitcoin so how ironic it is if nobody actually want to use Bitcoin? Every right becomes obsolete when not exercised.

So it looks like #RFKjr hasn’t seen a flood of #Bitcoin donations yet. This is a bit disappointing considering the pro Bitcoin stance of the candidate and the fact he accepts #BTC. I understand the general apathy for everything related to politics however, it’s not every election we have a clear ally that has a chance to turn the tables. #RFKjr24 https://twitter.com/robertkennedyjr/status/1673696210014683139

The censored interview of #RFKjr by YouTube on the Jordan Peterson podcast is available on Odysee. #RFKjr2024 https://odysee.com/@JordanBPeterson:c/rekindling-the-spirit-of-the-classic:0

Overwhelming majorities would oppose the adoption of a #CBDC if it meant that the government could control what people spend their money on (74%), that the government could monitor their spending (68%), that a CBDC would abolish all U.S. cash (68%), that a CBDC would attract cyberattacks (65%), that the government could charge a tax on those who don’t spend money during recessions (64%), or that the government could freeze the digital bank accounts of political protesters (59%). Americans were marginally opposed (52%) if a CBDC could cause some people to stop using private banks, resulting in some banks going out of business. https://www.technocracy.news/imagine-this-new-poll-shows-overwhelming-majority-of-americans-dont-want-central-bank-digital-currency/

The censored interview of #RFKjr with Mike Tyson is now available on Rumble! #RFK2024 https://rumble.com/v2unv3q-robert-kennedy-jr.-hotboxin-with-mike-tyson.html

Great interview of #RFKjr by #JoeRogan to understand #RFK’s position on vaccines. #RFKjr2024 https://open.spotify.com/episode/3DQfcTY4viyXsIXQ89NXvg

#zapathon

#bitcoin

#nostriches

#nostr

#cbdc

#foss

#bigtech

#zapathon

#nostr

#damus

#bitcoin

#apple