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this post was submitted on 08 Apr 2024
25 points (90.3% liked)
Monero
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30 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
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Monero, XMR, crypto, cryptocurrency
founded 1 year ago
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Im quite happy with the pace monero.town is growing, especially since it was initially only set up as a fallback in case the subreddit gets banned.
Serai requires it's own coin for the design to work, there is no real way around it.
I'm happy with monero.town too
what I am really concerned about(an unfortunate nature of the public ledger) is coins being tainted, they were also pretty vague on any sort of launch window which I understand, I don't really hope for Monero to moon(Its not supposed to be) but I wonder if the native XMR coin could be used in a psuedo-layer 2 like network, that generates interest by leveraging POS coins(sort of like fractional banking)
The serai coin is mainly used as stake and pair for liquidity pools, it's not supposed to be used for payments. Imo taint is less of an issue, you're only at risk when not using Monero and that's the case no matter if you got the coins from Serai or any other exchange.