Native currency

Below the text from above link quoted. David’s views:

Main issues with Native IMO are

  • Exchanges won’t touch it
  • Even when proven non blockchain tokens are delisted and move to blockchain (avalanche being a good example)
  • Who holds the initial supply
  • Who decides how to share that out

Plus many more. To me this is not a technical issue, I think with GraphEntries we cna solve that easily. It’s purely political and regulatory.

DBCs are super, and we can have them operate at billions of TX/s and we have shown that. However then folk started wanting full auditability and also full privacy, so it became a fully private monero type thing that exchanges are even more scared of.

So DBCs with no auditing to me gives us a huge technical win, but there are 2 hurdles auditability (which I don’t believe should be required) and the political issues.

So no technical impediment, mostly political and then some idealogical manic and very agrerssive fights.

In all honesty I find the whole discussion and obsession with native to be extremely dissapointing and distracting. There is a much bigger fish here to fry and it’s much more important :wink:

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