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by matheusmoreira 1559 days ago
> a decentralised currency in a form that cannot be taken away from them, that fundamentally belongs to the people

This is what I want. I'm not sure dogecoin has these properties. I think monero is closest.

1 comments

Dogecoin is a 100% opensource project, with a decentralised yet coordinated development effort that's pushing toward these goals, check out the Dogecoin manifesto https://foundation.dogecoin.com/manifesto/ and the 'trailmap' of projects on the same site if you'd like to know why we think we have those properties :)
Right, but it has Bitcoin's transaction traceability, which potentially limits fungibility and consequently security against confiscation.
That's true, and the way people use addresses plays a big part in traceability as well. There's honestly a lot of work to do to bring better practices into the mainstream, for instance HD addresses allow you to generate child addresses for every transaction, yet most folk hold their crypto on an exchange with a single address for all transactions. The industry needs to focus on security-usability and education, and we're starting to see that as new wallet apps are developed with the user (rather than profit motive of exchanges) in mind.