If Firo does not become mandatory default privacy coin at protocol level it will never work.
We already have zcash and the market has already spoken. (the market has ways to reward and punish products and companies) (low zcash prices)
I didn’t say or care about miner rewards changes as they may or may not be affects to decentralization and censorship resistance properties due to 100% miner dumping or having hostile state actors getting involved in hostile mining and dumping of coin.
their can be multiple solution at protocol level like solo mining, p2pool mining etc…
But i was forced to make account to say only mandatory default privacy coin are truly Fungible.
and thus private individual or private investor will always prefer privacy coins over surveillance coins.
We could already solve those problem of hostile state regulation by having multiple full nodes clients not under known Firo developers, having more unknown developers join Firo team and remain Unknown, active development of native Atomic swaps DEX, and having others platforms like Matrix, SimpleX, Session, Nostr communications forums.
If Firo team does not make Firo base layer mandatory default private it will send bad signal and then the market will decide and give judgement.
(and everyone knows what it will be )
And question will come then whether to remove the dev fund as it will clearly be seen as a liability to Firo growth as a privacy coin.
Firo should not try to compete with zcash on how fast it can put backdoor (pun intended) on-chain in every transaction.
Firo could provide alternative options to grow adoption with spark ordinals and spark assets with high fees or low fees.
Firo could provide better payment features.
Firo could provide post quantum security and privacy.(instead of compliance which will never be enough until their is either fake privacy or backdoor)(again pun intended)
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