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Simplex Group for former Agora/LM sellers and buyers
(simplex.chat)
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this post was submitted on 21 May 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Because it's completely decentralized and there is no centralized server to shut down. Absolutely everything runs over the tor network. The only thing that needs to happen is that there needs to be a number of seed nodes in different countries. Once there is enough of those, the network can literally never be taken down. Well, without shutting off the whole internet, that is.
@shortwavesurfer @helenslunch
Also looks like the community has chosen Simplex for instant messaging.
Great to see it being used this way.
Exactly. Use these decentralized technologies in the best way possible.
There's not one arbitrator. There's multiple arbitrators across the world. All running over the tor network. So you have to find them all first. That would be easy enough to defeat by just purposely having some arbitrators in countries without extradition treaties such as Iran.
Oh, absolutely. But even if you can find them, if there's no way you can get them, then it's pointless.