‘Nothing Left to Use’ — Monero Reorg and Samourai Takedown Spark Privacy Doomsday Talk
Main Idea
Recent events involving Monero's 51% attack and the takedown of Samourai Wallet have sparked concerns about the decline of privacy-focused crypto tools.
Key Points
1. Monero experienced a 51% attack, leading to a block reorganization, raising concerns about transaction censorship.
2. Samourai Wallet was taken down, following earlier sanctions on Tornado Cash, reducing available privacy tools.
3. Privacy-focused crypto projects face increasing suppression, making them harder to use.
4. Social media reactions highlight frustration over the diminishing options for privacy in crypto.
5. Exchange delistings and regulatory actions have significantly impacted privacy coins and tools.
Description
Amid the storm over the Qubic/Monero clash, some warn that privacy’s slow fade is picking up speed — first with the fall of Tornado Cash, then the loss of Samourai Wallet, and now, Monero’s latest setback. The Great Privacy Purge On social media, X user Karbon told their 86,900 followers that recent blows to Monero
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