Posts tagged "technology"
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Atalanta: Monero's Reservist Army
Here’s the follow-up to a recent post about Qubic’s attack on Monero’s blockchain. There, I argued that Behavioral Economics was the answer. Otherwise, people can just play the ‘loose/aggressive’ tactic until it works. It would be wrong, however, to think that technical strategies don’t play a part. This post is an add-on. It will get pretty nerdy. I think Monero needs something like a wasp’s sting. It needs a way of causing harm to them who would cause it harm.
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Five Easy Steps To Online Privacy
If you've used social media for more than a few years now, you've already leaked far too much personal information. Throw in the usage of Google's suite of products, from Gmail to Google Maps, and the bad news is that there's a stranger out there who knows more about you than does your best friend. The good news is that it's easy to fix.
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Monero Under Attack
At time of writing, the Monero Blockchain is under attack, and not by some secretive group of hackers, as is usually the case, but by the leaders of a rival coin, qubic (QUBIC). Qubic didn't do anything clever. Qubic said to Monero's miners: "Keep mining XMR, but do it under our control, and we'll triple your profit." Admittedly, it doesn't take much to lure a miner. I think Monero's miners are more loyal than others.1 I suspect that Qubic lured away far fewer miners of monero (XMR) than implied. The whole organization smells fishy to me, but I won't go down that rabbit-hole here. There's a lot of cap-and-gown disquisition at the moment. Proof-of-Work in general is under scrutiny. Well-meaning nerds reach for technical solutions by default, but I think Satoshi's system was successful due to behavioural economics.
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