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Let’s be honest - we screwed up. While we were busy celebrating blockchain “disruption” and watching VCs throw money at half-baked ICOs, we completely lost sight of what cryptocurrency was supposed to be about. blog.skill-issue.dev/blog/a_bette...

blog.skill-issue.devBuilding A Better Cryptocurrency: What We Should Have DoneA technical proposal for a truly decentralized digital cash system

Dax

@skill-issue.dev

We built Linux and the internet protocols without venture capital. We created incredible open-source tools that power most of the modern web. Yet somehow, when it came to cryptocurrency, we rolled over and let private equity turn our decentralization movement into a speculative casino.

31/12/24, 8:40 pm0 reposts0 likes

Dax

@skill-issue.dev

31 Dec 2024

1/25 Let's talk about building a revolutionary cryptocurrency that prioritizes societal utility over private equity interests. This open-source project would create a cash-like digital currency with offline capabilities and enhanced privacy. 🌐💰

Dax

@skill-issue.dev

31 Dec 2024

2/25 The core of this system would use zero-knowledge proofs (ZKPs), similar to Zcash. This allows for private transactions where details like amount, sender, and receiver are hidden from the public blockchain. 🕵️‍♀️🔒