I dont suggest this lightly as im considerably too invested in Particl, but i would like to see some competition in this front and the oxen team have everything to gain from taking the reigns.įirst of all, thank you for the post and putting some thought into it. The oxen developers seem to have their tech locked down, i would propose they strongly consider this potential moonshot app for their network. This is unrelated to the market, it was a wallet bug. ![]() Well most everything, the tech is going fullspeed (#4 most actively developed project according to crypto project activity aggregator ), but recently it was revealed that the team itself incompetently left a bug in the software for almost two years that allowed a hacker to mint new coins and sell them. Look up what it does if you are interested, but i can tell you as someone with at least a decade of experience on various Tor markets this project is doing everything right. If the market for this project is privacy and censorship resistance, why not go for the golden goose, ecommerce? For this, the developers dont even need to re-invent the wheel, just take someone elses, namely the Particl project. ![]() Is this really enough to give the coin enough value to support node operators should the network start to see Tor-levels of use? The oxen site says in so many words, from selling dns names, and from premium sessions subscriptions. Oxen achieves this with miner/staking rewards, but to sustain a profitable ecosystem for them there must be value added to the coin, so where does the demand for the coin come from? ![]() I found this project when it was loki, (which was a really clever and likable name) and thought it ingenious that a big flaw in Tor, that node operators are expected to support the network out of their own pockets and the only people who would do that have ulterior motives, was being fixed thanks to blockchain tokenomics. Im a huge fan of privacy networks, have been in them since the early days of Tor, freenet and i2p.
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