this post was submitted on 07 May 2024
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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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[โ€“] Hirom 2 points 6 months ago* (last edited 6 months ago) (1 children)

Tell us about the options.

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, ...

[โ€“] lltnskyc@monero.town 6 points 6 months ago

proof of stake

well, already addressed that in my comment :)

proof of weight

seems to be mostly the same thing as PoS.