Good day folks
A few days ago i started a post regarding collaboration of privacy coins, but got kinda stuck and left it as a draft.
However, prompted by an X post by @ lordbutterfly with replies by @ theycallmedan, @ brotokenhive & @ urasoul, i'm just posting the unfinished/disjointed draft (with a little editing) below to prompt some discussion/ideas.
https://x.com/Lordbutterfly/status/1735081357762515006?s=20
Bear in mind this approach below could also apply to collaberation between other non-privacy projects such as Hive, Koinos, Eden etc. with some agreed upon shared values (and potentially add a privacy layer to them all - there is already a plan for privacy HIVE & HBD on Zano btw).
What if ....
What if bunch of #Privacy projects got together to create a Confidential Asset composed of a basket of Privacy coins?
"One brand based on agreed upon base values"
Would that have value?
i think #Zano has (very shortly) the cabability to enable this.
Why?
In these dystopian days of governments (puppeteers of #thepowersthatshouldntbe) attempting to regulate privacy for many nefarious reasons, #privacy and #anonymity are becoming more and more essential for all.
Do you want your assets to be frozen or confiscated just because you are not wearing pink underpants embedded with spike protein nano-particles and are not crawling on your hands and knees to avoid virusX which is only communicable 1 metre above ground level (or whatever control scheme they come up with next)?
If not, then you might well benefit from holding privacy coins anonymously.
At the moment the Privacy coin sector is quite small compared with all the other cryptocurrency coins and tokens out there.
The leader of the privacy pack by market cap is Monero (XMR), yet Monero is only no. 27 in market cap order of all coins/tokens, and is i think approximately to all the other privacy coins put together.
i'm not sure how this could work, i'm just "shooting the shit" here. i don't know if this idea has value but i guess i'm writing to seek opinions from others.
For sake of ease, for now i'll call this potential #ConfidentialAsset PRIVU (Privacy Coins United).
Perhaps PRIVU could be a "basket" of all, or selected privacy coins. i think this would add an additional layer of privacy too, and help all with united marketing.
The basket could contain, for example, some (or all?) of the following (in no particular order):
Monero
Zano
Firo
Beam
Epic Cash
LiteCash
OXEN (doomed to be replaced)
Scala
Zephyr
Verus
Dero
Haven
Ghost
Ryo
Conceal
Privacy
Lethean
Grin
Pivx
Particl
Incognito
Zcash
Secret
Qortal (maybe - not privacy yet, but it's pseudo-anonymous - like a paralel internet)
to name but a few.
Questions
What would be the criteria for eligibility to be included in the basket?
What proportion of each coin would be held in the basket?
Who would decide on which coins to pick and the proportions? A privacy DAO with #Matrix8 Community governance, like the layer zero (or layer -10) ?
What if PRIVU was only listed and available to buy in a privacy DEX's and on a "parralel decentralised internet" - like #Qortal ?
Add your questions/thoughts in comments below please.
Sat Nam
Atma
#lotus #archon #pgm #fun #proofofbrain #palnet #PGM #OneUp #thoughtfuldailypost #vyb
