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submitted 11 months ago by chevy9294@monero.town to c/monero@monero.town

OXEN is a fork of Monero that uses proof of stake instead of proof of work and supports instant transactions. Lokinet (onion router, like tor) and Session (messanger) are build on top of it. I just discovered it a week ago and I'm suprised that I hadn't heard of it before. In my opinion It's a better Monero (except that Monero has higher and more stable price)? What do you think about OXEM? Is it better or not, and why?

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[-] Rikj000@discuss.tchncs.de 5 points 11 months ago

Afaik, PoS (Proof of Stake) would weaken the chain, as it leads to more centralization, which makes it more vulnerable to attacks.

this post was submitted on 04 Dec 2023
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