Digital currencies are fundamentally changing the way we think about money and banking. The rapid rise of cryptocurrencies like Bitcoin, along with the
Algorithmic stablecoins that are actually unhackable (all possible endpoints have been formally verified) exist too. They offer the best of both worlds. I’d like to see something like that on Monero’s successor (whatever that is).
So far at least no algorithmic stablecoin has properly functioned for any length of time. Take a look at the Terra Luna crash for just the largest example.
Algorithmic stablecoins that are actually unhackable (all possible endpoints have been formally verified) exist too. They offer the best of both worlds. I’d like to see something like that on Monero’s successor (whatever that is).
So far at least no algorithmic stablecoin has properly functioned for any length of time. Take a look at the Terra Luna crash for just the largest example.
Thats actually 100% false.
Sounds like you did 0 research on this topic and just parroted old news.
DJED seems to have escaped your notice. It has been humming along without incident for a full year now.
Okay, I was not aware of that one, so I will look into it. Thank you for the information.
No problem. Thanks for being intellectually honest! I’ll file down the claws in my previous reply. :)
Doesnt have to be a successor to monero u can do parallel mining. Also i dont understand how can an algorithmic stable coin can exist?