True, it's not private and has too low throughput for transactions per second to be used as day-to-day currency, but something like Monero intends to solve both of those things. There are actually people accepting Monero as a day-to-day currency and living off of it, including myself.
shortwavesurfer
You don't, or at least I never have. Once it's gone, it's just gone.
How about sound money that works at the speed of information, unlike gold, and can replace our banking system and all the fossil fuels needed to run it?
News at 10! It was time to stop taking his word for everything. Quite a while back.
You should really consider making your joke less transparent. Put the punchline in the post and not in the title.
To my knowledge, every single one. It's called the Backspace Key.
I don't even know what mine is set to. I guess whatever the default is, because I don't remember changing it.
You know, if I was going to ask for shorts to go in either direction, I would ask them to be shorter, because short shorts are better.
What you are describing is the tor network.
- You connect to a guard node which knows who you are
- The Guard node connects to a middle relay node, and that middle relay only knows who the Guard is, but does not know who you are.
- If you are going to the standard internet, the relay node connects to an exit node, which knows who the relay operator is, but does not know who the guard node is and does not know who you are.
- The exit node connects to Facebook, Google, Amazon, etc. and only knows that the traffic goes back to the relay node when Amazon or whatever it responds. And then the entire thing goes in reverse back to you.
Now, if you are going to a hidden service and not out to the standard internet, it does this process twice and so you get six hops in between yourself and the hidden service instead of the three to the standard internet.
Fair point. There's a good chance somebody would have come up with the idea at some point, but Satoshi was the first to do so with the blockchain, which really did change everything.