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LocalMonero is shutting down
(localmonero.co)
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this post was submitted on 07 May 2024
59 points (91.5% liked)
Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Android (Cake Wallet) / (Monero.com)
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Monero, XMR, crypto, cryptocurrency
founded 1 year ago
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Tell us about the options.
And I sure hope you are not talking about "less resource-intensive schemes" that are based on "let's give money to people who have the most money" thus making the cryptocurrencies that use it not only unfair but also even more centralized than bitcoin with its ASICs, right?
Literally anything but proof of work: taler, proof of stake, proof of weight, fiat currency, gold coins, pokemon cards...
These all have advantages and disadvantages, it depends on what users prioritize: polluting less, privacy, decentralisation, convenience, ...
well, already addressed that in my comment :)
seems to be mostly the same thing as PoS.