Which one will become #3?

[Anonymous No.25266490]

I really like both of these coins, currently I am split 50/50 in my folio, but with LTC going to add Mimble Wimble I think they are competing for the same slot and ultimately one will win and the other will fall.

LTC:

Fast
Cheap
Compatible with Lightning
ASIC friendly (high miner incentivization, can also be Con)
Core Developer Team (can also be Con)
Squeaky Clean image
Available Everywhere Bitcoin is (incl Paypal)
Simple Smart Contracts possible
Mimble Wimble at scale a better privacy option than Ring Signatures
Hard Cap (can also be Con)

[Anonymous No.25266495]

>>25266490

XMR:

The ONLY privacy coin proven to be resilient to network and de-anonymization attacks
Already starting to get noticed by Wall Street fags for the value of Financial Privacy: https://www.youtube.com/watch?v=aC9Uu5BUxII
The coin of choice for darknet (how BTC got it's start, however also like BTC at the time, XMR is still firmly stuck in the "only for criminals PR space)
While it does have a "tail emission" (0.6 block reward forever starting sometime in 2022), it actually doesn't do anything from an economic supply perspective: https://bitcoinwarrior.net/2020/01/bitcoins-hard-cap-and-moneros-tail-emission-are-identical-in-macro-economic-view/ and it makes sure that Layer 1 is always going to be accessible by having miners be able to make majority of income off block rewards and not having to rely exclusively on fees. (although from an emotional level having that little infinity sign in it's supply field on Coingecko does not do it any favors for speculators).
Uses the most decentralized Algo ever made, RandomX, mostly considered to be "ASIC-proof", can only be mined on CPUs, making sure that mining stays as decentralized as possible. There are downsides to this however, as it's conceivable that if energy prices rise as people are saying they inevitably will, it stop becoming profitable to mine XMR and therefore the network will lose more and more security as people stop.
Completely Decentralized community, loved by coders and hackers and privacy nuts. Within those spheres it is essentially the most loved coin.

[Anonymous No.25266526]

Litecoin is Charlie Lee shit literally another copy paste of bitcoin. Not even comparable to xmr kys op

[Anonymous No.25266603]

>>25266526

found the cypherpunk basement dweller.

yes LTC is way more centralized but that can be a pro and a con. The benefit is that institutions like doing business with projects that actually have a foundation, and it means that there is a more focused executive and economic guide of development on the project.

[Anonymous No.25266641]

>>25266526
It's a copy-paste of bitcoin with a better hashing algorithm and 4x as fast transactions. It's just a year younger than btc and it has stood the test of time. And now it's also more private than btc. Get in, we're going to the moon

[Anonymous No.25266657]

>>25266495
>There are downsides to this however, as it's conceivable that if energy prices rise as people are saying they inevitably will, it stop becoming profitable to mine XMR and therefore the network will lose more and more security as people stop.

really good post overall but I disagree with this.
If energy prices rise then the cost of Monero would rise to reward the miners that are still mining. Also, if miners start leaving the network, it will become easier to get monero rewards from mining, which means it would incentivize people to start mining. This however only works if there is actual demand for Monero, which I believe to be true.

>>25266490
Monero is superior and has significant long term potential.

[Anonymous No.25266684]

>>25266490
My personal opinion is that if there are extreme regulations on coins such as btc/ltc/eth; litecoin would follow suit to the crash while monero would sky rocket in value due to forced scarcity by governing bodies. I also feel as if Monero will also steadily increase even if these regulations never happen as human vice will always have a marketplace, even if said market is illegal. There is also the off-chance that the code to tracing monero is cracked and it becomes pink wojack. I do believe that they would simply patch this leak at some point but not after the extreme damage to it's price. Following the news of each coin is paramount to your financial growth.

[Anonymous No.25266690]

>>25266603
What the fuck are you talking about? Monero is six years old and continually resists against attacks which, without exception, fail.

[Anonymous No.25266773]

>>25266490
Monero has better privacy by far. Monero has the 1st mover advantage. MW is also not good because only transaction values are hidden and sender/receivers are not hidden

[Anonymous No.25267031]

fun fact about monero: it doesn't use proper ed25519, it uses ecdsa over curve25519 which means if your RNG is backdoored an attacker can derive your secret keys if you sign enough transactions.
proper ed25519 uses a static nounce when creating signatures derived from the left hand 32 bytes of the sha512 of the seeed. monero doesn't do this, it instead does ecdsa over curve25519 which pretty much removes most of the benifts of using that scheme, it's almost worst than NIST p256 because the signagures are not deterministic. if your rng introduces ANY bias into the nounce used in the signature generation, you can derive the secret key using frequency attacks.
the monero authors are retarded they thought they could roll their own crypto but the choices they made bit them in their dick really hard. this is why monero has no value, it works only in theory but the actual implementation doesn't match it.
https://blog.trailofbits.com/2020/06/11/ecdsa-handle-with-care/
https://github.com/monero-project/monero/blob/master/src/crypto/crypto.cpp#L290

[Anonymous No.25267059]

>>25266490
PirateChain is better

[Anonymous No.25267066]

>>25267031
You'll need better fud then that.

[Anonymous No.25267129]

>>25267059
This shitcoin was dead the second they named it. And somehow you were stupid enough to shill it.

[Anonymous No.25267181]

I know the team working on this product for LTC and it's a fucking game changer.

This is the first time we will have a working pow with fungibility and high transactions

I am 90 percent in LTC and this is coming from someone who invested in BTC back when I was getting my PhD in computer science in 2012

[Anonymous No.25267183]

>>25266641

>better hashing algorithm

how is it better?

[Anonymous No.25267185]

>>25267066
It's the best I got! It's a pasta haha I'm trying to accumulate

[Anonymous No.25267230]

Haha both old ass boomer coins

[Anonymous No.25267331]

>>25267183
Look into scrypt vs sha256

[Anonymous No.25267340]

>>25266603
do you even know what centralized means? LTC isn't centralized.

[Anonymous No.25267347]

>>25266490
I like XMR, but it'll be LTC. It's easier for normies to buy.

[Anonymous No.25267472]

Look at the current weighting of this bitwise fund.
https://www.bitwiseinvestments.com/funds/Bitwise-10

LTC is gonna moon when it goes from being ignored by retail to being bought by retail and institutions all in one go. Also, Paypal hasnt even opened up their buying internationally yet. Monero wont be getting any of that money.

It is inevitable that it will moon hard soon. Cant accumulate this shit fast enough.

[Anonymous No.25267488]

>>25266641
Yikes you're actually a fucking retard, God help you.

[Anonymous No.25267582]

for the #3 slot, don't underestimate jihan wu and roger ver's ability to pump BCH. jihan still has the clout among the elite chinese coiners.

[Anonymous No.25267596]

>>25267472
How soon tho anon seems like it’s been stuck to btc for like 5 years

[Anonymous No.25267629]

Can’t even buy XMR in NY.

[Anonymous No.25267657]

>>25267629
You must embrace the cypherpunk mindset and obtain a VPN

[Anonymous No.25267819]

>>25267596
I dont really have a specific timeframe in mind, but with it about to grab the #4 spot on CMC as XRP breaks down I think its going to start getting a lot more attention in the very near term.

[Anonymous No.25267843]

>>25266490
How retarded I am for using these? I like the physical aspect and I only keep 5 XMR per coin

My only concern is fully trusting that the manufacturer doesnt have some backup database. Their website is very legit and theyve been around for a long time now. No different that the casascius bitcoins

[Anonymous No.25267844]

>>25266690

note the part in my post where I specifically said how resilient XMR has been. Centralization is why:

LTC is used by Paypal.
LTC has a debit card.

Because it has faces and names.

[Anonymous No.25267866]

>>25266490
XMR will be #3 for a while on its way to #1

[Anonymous No.25267877]

>>25267031

never heard of this thanks, yeah that is fucky and also hardcoded into it.

[Anonymous No.25267941]

>>25267031
This is the 0xmr dev who has known about this bug for a while. He gave a presentation to the xmr devs/SEC and then everyone clapped.

[Anonymous No.25267998]

>>25267843
>per coin
How many have you got. I'd consider all of them compromised and only use them for fun gifts of 1xmr or less. Their value is collectabiltiy, not usability.

[Anonymous No.25268051]

PNK sir

[Anonymous No.25268053]

>>25266603
Nigger what, litecoin isn't centralized.

[Anonymous No.25268978]

Monero is just an overpriced fork of Bytecoin that can be tracked, I use 0/x/M/o/n/e/r/o.

[Anonymous No.25269196]

>>25268978
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
shut up
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/
>>/biz/thread/S24750658#p24755504

[Anonymous No.25269300]

>>25267031
bitcoin has the exact same problem. a secure random number is needed to sign messages. try harder with better fud next time faggot

[Anonymous No.25269377]

>>25269196
Nobody is paying you your bribe

[Anonymous No.25269439]

>>25266490
XMR has better tech and is more true to the OG crypto ideals while LTC has a stronger network effect and is more established while having very plain vanilla tech (even when including Mimble Wimble).

This evens things out and makes it hard to say which coins will dominate at the end.
LTC is silver to Bitcoin's gold
XMR is literally Bitcoin to whatever the fuck BTC is these days.

Bitcoin gave us decentralized digital money, and that in itself was a miracle. But Monero gives us truly private and anonymous decentralized digital money. It's difficult to overstate how big of a deal that is.

[Anonymous No.25269461]

>>25269377
nobody is believing you that i'm asking you for a bribe

[Anonymous No.25269503]

>>25266490
>Bite the bullet and FINALLY buy LTC
>Already down $5
AAAAAAAHHHHHHHH

[Anonymous No.25269520]

>>25267347
This

[Anonymous No.25269545]

>>25267629
>buying XMR
>worrying about the law

[Anonymous No.25269577]

>>25269461
O gosh I thought paneer was annoying, but now i kinda feel bad for him

[Anonymous No.25269588]

>>25269503
Everything is down right now anon.

[Anonymous No.25269647]

it's not even close

[Anonymous No.25269651]

Don't both parties need to be online for a MW tx? So nobody will use it, therefore anon sets will be tiny.
/thread

[Anonymous No.25269698]

>>25267185
B... based?

[Anonymous No.25269737]

>>25268053

MORE centralized as in it has a foundation, we know the team who work on it etc

[Anonymous No.25269768]

>>25269651

no the anon set is everyone who has moved funds to the MW sidechain, both sender and receiver need to send messages back and forth for an amount to move from one address to another yes, but the Anon set is not everyone who is online.

[Anonymous No.25269893]

>>25266490
Mimble Wimble isn't actually private protocol, it just makes address and amount non-existent, but the transaction graph can be cracked

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

[Anonymous No.25269917]

>>25266641
>And now it's also more private than btc
how

[Anonymous No.25269923]

>>25269768
my point is that no one will use it because it's not convenient.
also this >>25269893

[Anonymous No.25270105]

>>25266495
>speculators
So youre saying it cant go x100 but it will get slightly higher?

[Anonymous No.25270179]

>>25267031
thx just bought 1k XMR

[Anonymous No.25270373]

>>25266641
It also sounds like a shitty ripoff
>mom can we stop for bitcoin
>no honey we have litecoin at home

[Anonymous No.25270508]

Zat one. COPE.

[Anonymous No.25270627]

Privacy bolted on top of a public ledger will never be viewed as safe and reliable as privacy built from the ground up. If your freedom depended on it, you'd choose XMR over LTC.

[Anonymous No.25270692]

>>25267181
you wouldn't lie to us would you?
I want to believe.
What's your EOY 2021 price prediction (if you have one)?

[Anonymous No.25270791]

>>25269923
>no one will use it because it's not convenient.

used GUI wallet lately?

[Anonymous No.25270912]

Which do you guys think is better to hold between LTC and ETH? BTC is my main hold but I could split my portfolio a bit.
Pic related, that is what I wanna be like in 10 years.

[Anonymous No.25270966]

> xmr won't become #3 because boomers can't buy it as easy as ltc

[Anonymous No.25270989]

>>25270912
depends on how much you have. if you have 1000 buckeroons you should not diversify or take on more risk, if you have 100k split 40/30/30 btc eth link

[Anonymous No.25271164]

>>25270966

Atomic swaps make acquisition a piece of piss.

[Anonymous No.25271339]

>>25266490
don’t expect monero to be popular anytime soon, litecoin is the obvious short term play