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.
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
Decentralized posting, Blockchain permanence, what else do you need? @_opreturn
The ability to view, make posts, and otherwise interact.
If you can't use it, decentralization and permanence is irrelevant.
You don't need to post or view from the memo.cash domain. It is just the most convenient.
How else would you view it?
And if not just memo.cash but also explorer.bitcoin.com were taken down?
And what if the whole BCH blockchain is taken down
?
How? It can only die? All tx are forever immutable?
Lol this one was rhetorical
It would be nice to get some other clients of the protocol, maybe that can run standalone. Then it would be like bittorrent in a way, very hard to shut down.
Would there be a way to make such clients easy to use?
It sounds like a lot of work?
You would have to wait for it to sync to get going though. The first time could take a little while. Unless it included a starting TX dataset that you "trusted".
Connecting to a trusted Memo node would negate the need for downloading the blockchain and syncing the data.
Yeah, I suspect that external nodes that supported light memo clients would be attacked by the censors, hence the need to probably run your own node.
Both need to be possible, but the need for a local node should be an extreme scenario.
Theoretically, you could create an install that installs a local full node & webserver and a copy of the memo.cash site, & you'd just access it with a browser on your local machine.
True, although doing so would demand storing the entirety of the blockchain and well, running a node. It's not practical for mobile or casual users.
You should be able to use bloom filters so you don't have to download the entire blockchain.
The site memo.cash could be shutdown I imagine. The protocol itself, as it exists on the blockchain, would be difficult to shutdown without killing the blockchain itself.
So, how would we use memo, then?
