Fungibility Fun!

@JimCollinson there’s that “keys” terminology again ^^^, would “not your password and passphrase, not your coins” ring so true??? Not really, imo…
Only keys or combinations unlock a safe.

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Aye, that’s why we’re calling them collectively “Access Keys”.

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If every data on the SAFE Network can be --exchange for every other data at the core, poof no more cex or dex.

@knosis 124631 maid --exchange 1 btc
@19eddyjohn75 @knosis 124631 maid --exchange 1 btc

@19eddyjohn75 1 maid --exchange 124631 btc
@MichaeldrunkenSailor @19eddyjohn75 1 maid --exchange 643211 btc

@domainsquattergonecrazyhihihi google --exchange 124631 maid
@alphabetsoup @domainsquattergonecrazyhihihi google --exchange 124631 maid

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A fun colloquial play on words for n of k multi sig would be “combination” or “combination lock”.

“Use your preferred access key combination to unlock your safe!”

ref

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Related

https://www.activism.net/cypherpunk/manifesto.html

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Maidsafe team == Cypherpunks Supreme! :wink:

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Good read but get this @danda, as he concludes at the end, Edward says that CBDC’s could be frozen/confiscated if it was linked to crime as if every other crypto doesn’t use a public ledger centralized exchanges aren’t effectively central banks that can do the same thing by blacklisting coins.

Is crypto better than a CBDC? Of course but using public ledgers with pseudo anonymity or centralized exchanges, perhaps even particular wallets is just the same as what he is warning about with a CBDC.

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Just for the fun …

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Weaponized fungibility. bit of a monero advert, but interesting.

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Algorand even got a better option implemented within the protocol

Atomic transfers enable use cases such as:

Circular trades - Alice pays Bob if and only if Bob pays Claire if and only if Claire pays Alice.

Group payments - Everyone pays or no one pays.

Decentralized exchanges - Trade one asset for another without going through a centralized exchange.

Distributed payments - Payments to multiple recipients.

Pooled transaction fees - One transaction pays the fees of others.

@maidsafe please take note for dbc’s :stuck_out_tongue_winking_eye:

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Dont believe everything you read. Its for the most part a crock of shit.

Bisq (decentralized exchange) users discussing bitcoin’s lack of fungibility:

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