Memo can't be shut down like Gab was?
The BCH blockchain, and the OP_RETURN data can't be shut down.
https://memo.cash definitely CAN be shut down.
We need another memo client accessible via .onion URL.
Been considering trying to build and host one of these.
Im not sure it's terribly hard, but I don't really have the time.
memo.cash is the protocol with bunch of prefixes :) so literally without memo.cash you can send memo txs + you can make your own memo posts crawler with bitsocket for ex
Even if encryption added, there're ways gov could use AI & heuristics to disrupt the blockchain. Also, w/o a "trust" mechanism they could just join the network themselves & disrupt.
Of course, you could say people already do that when it comes to the existing monetary system. 1 concerning thing though is the danger of monoculture implied. More Vulnerable.
Definitely sounds interesting if it's not just pie in the "sky" 😀. Sounds a bit complicated though.
Bitcoin is about at the limit of what can be understood with some difficulty by normal people. This probably can't be, so I wonder if people can trust what they can't understand.
in this respect, bitcoin is no worse than the current monetary system. or tell me you understand that fully and could help explain it to a randomly chosen person.
Ironically, I'm getting closer and closer to being able to do that.
Though, I also understand the basic issue with a current system: based on fraud.
https://bch.gg/moneydebtplaylist
You think politics isn't an example of people trusting what they can't understand?
I'm not sure about this actually. AFAIK, traffic between nodes is not encrypted, therefore it could be blocked by governments through packet inspection.
I think it's a bit too difficult to do this now, at least for the major cryptocurrencies. The US gov would be crashing an entire financial market just so they could have it their way.
Would most of the public care if Bitcoin were banned by the government? Maybe not. But i sure as hell can assure you the people who've invested in the 200 billion mcap certainly do!
If Gov sees choice as disrupt blockchain & piss a bunch of people off & damage economy for awhile, or cease to exist, it will pick the former. It's an existential crisis for them.
And database is so much more important than the interface. So we're pretty much cool
