Monero
$261.73 3.06%
XMR · 2w

But Liquid-BTC will make Monero obsolete...

Lately I'm hearing this question now and then, or people are just saying this when the conversation turns to privacy... I think after yesterday I know the answer: No, it won't... Liquid is being sold by big Bitcoin names as a Layer 2 privacy solution for Bitcoin that makes Monero obsolete, some of these big Bitcoin names even start using the SHUM-meme, but for L-BTC: [https://twitter.com/adam3us/status/1445098193142927364](https://twitter.com/adam3us/status/1445098193142927364) Yesterday it became plain obvious for everyone to see that L-BTC is nothing like Bitcoin or Monero. L-BTC was down for several hours because some hard fork went wrong: [https://blog.liquid.net/liquid-hard-fork-diagnostic-report/](https://blog.liquid.net/liquid-hard-fork-diagnostic-report/) First of all, I always heard from Maxi's that hard-forks are bad because of centralisation, apparently with L-BTC this is not the case anymore? So Monero hardforking = bad, L-BTC hardforking = good... Second, upon inspection of the report: >Within hours, Liquid's team of developers diagnosed the issue and implemented, tested, and delivered a patch to functionary operators. **Due to the number of functionaries** and their distribution around the globe, the patch took some coordination to deploy. (emphasis mine) I started wondering... First of all, what are 'functionaries'? >Being a [member of the federation](https://help.blockstream.com/hc/en-us/articles/900002163803-What-are-the-different-types-of-participants-in-the-Liquid-Network-#h_01EFKV8PY2H62XP44MN8E1QZ98) provides the participant with access to special hardware and software such as the [Liquid functionary](https://help.blockstream.com/hc/en-us/articles/900002163803-What-are-the-different-types-of-participants-in-the-Liquid-Network-#h_01EFKV89KJX5KMNZMB8KEFZ9H0) and [bridge node](https://help.blockstream.com/hc/en-us/articles/900002163803-What-are-the-different-types-of-participants-in-the-Liquid-Network-#h_01EFKV81NM03FBEK0YQ5T0W4Q3), as ...
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Best Monero Mining Hardware

What is Monero mining hardware? ✅ What kind of software and hardware do you need to mine Monero? ✅What is the best hardware for mining Monero? Is Monero mining profitable (2021-2030)? 🔥 Check out our...