this post was submitted on 04 Dec 2023
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Monero

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OXEN is a fork of Monero that uses proof of stake instead of proof of work and supports instant transactions. Lokinet (onion router, like tor) and Session (messanger) are build on top of it. I just discovered it a week ago and I'm suprised that I hadn't heard of it before. In my opinion It's a better Monero (except that Monero has higher and more stable price)? What do you think about OXEM? Is it better or not, and why?

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[–] Saki@monero.town 6 points 11 months ago

I value the freedom of free software. A fork is good in that context.

PoS has at least one good aspect: it’s perceived as “green”. Other than that, afaik PoS tends to imply that only a few rich people can determine whether something is okay or not. The Monero network, on the other hand, is carefully designed so that any one with any CPU can participate (at least in principle). This design philosophy feels good.