Okay, that's good to know. Until we can ditch the entire banking system for crypto wallets on our phone, that bank account issue is going to be a bit of a noose around people's necks.
Probably for the same reason people put other sensitive stuff in mystery software: if it's not physically visible the threat doesn't seem real to them. Obviously, that's dumb, but you did directly ask.
There's a lot of overhead involved in making it untraceable like that, and it's not clear how much of it can be achieved using postquantum algorithms. Ripple is also nice in that it doesn't bother with a blockchain at all.
Okay, that's good to know. Until we can ditch the entire banking system for crypto wallets on our phone, that bank account issue is going to be a bit of a noose around people's necks.
As long as it's one of the actually efficient cryptos.
Monero ftw
Ripple is also nice, if you want to go the non-anonymous route.
I do not understand why you would want a money that can be traced by anybody with a web browser that just seems a bit ridiculous to me.
Probably for the same reason people put other sensitive stuff in mystery software: if it's not physically visible the threat doesn't seem real to them. Obviously, that's dumb, but you did directly ask.
There's a lot of overhead involved in making it untraceable like that, and it's not clear how much of it can be achieved using postquantum algorithms. Ripple is also nice in that it doesn't bother with a blockchain at all.
Ripple does actually use the blockchain. It's called the Ripple ledger. Its symbol is XRP and you can buy it
Yeah, I know how Ripple works. The ledger is not blockchain-based.
Okay, then in that case you know more about it than I do because I've been under the impression for a very long time that it was blockchain-based.
Edit: https://xrpl.org/