Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://pounced-on.me/@finalstaticfox" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>finalstaticfox</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.social/@dansup" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>dansup</span></a></span> Well, <a href="https://infosec.space/tags/Ethereum" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Ethereum</span></a> is a <a href="https://infosec.space/tags/Shitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Shitcoin</span></a> and it's <em>"<a href="https://infosec.space/tags/GasWars" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GasWars</span></a>"</em> really make it not conducive to <a href="https://infosec.space/tags/payment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>payment</span></a> applications.</p><p><a href="https://www.youtube.com/watch?v=YQ_xWvX1n9g&t=18m17s" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=YQ_xWvX1n9</span><span class="invisible">g&t=18m17s</span></a></p><ul><li>That being said <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Monero</span></a> doesn't have that issue and is also fully <a href="https://infosec.space/tags/private" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>private</span></a> as in noone can see the senders' balance, sender, amount sent, beneficiary and their balance without having full access to <em>both wallets</em>. <a href="https://infosec.space/tags/ProofOfStake" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProofOfStake</span></a> rather increased <a href="https://infosec.space/tags/centralization" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>centralization</span></a> compared to <a href="https://infosec.space/tags/ProofOfWork" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProofOfWork</span></a> just like ASIC-based mining did.</li></ul><p>Again, I don't deny the problems. I just think it's way less sussy than Western Union or god forbid Hawala...</p>