Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Monero is ASIC-resistant. In addition to mining it with your GPU, you can CPU mine it as well.

I think a project that isn't run by a company or DAO, but instead by a group of developers donating their time and effort for a project they believe in instead of for a paycheck is a good criteria.

The developers for Monero discovered a flaw in CryptoNote which is what Monero is based on, and instead of exploiting it and secretly creating coins, they patched it and told developers of other coins affected by it to give them the opportunity to patch their coins before publicly disclosing it. I think that shows they're in it to make a great currency that everyone can benefit from rather than just trying to make a quick buck.

Monero is fairly mined: No premine or instamine to pay for investors of any company.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: