My views on Oxen Crypto to Session Token Swap

[@hardlightme]

im a long term $XRP crypto student. so, when you say utility... im interested! off to study $SENT!

[@nicosilva4750]

I understand the need for better funding, and exchange listings, but ERC20 is plain bad tech, ugh. Indeterminate transactions. Coins are not native, but contracts -- security risk right at the coin level.

[@privacyproshop]

Could be. I'm not an expert at ERC20 and some very large coins run on Ethereum - USDT, USDC, etc.

[@nicosilva4750]

@@privacyproshop Your USDT and USDC are actually good examples to understand the nature of ERC20. Because ERC20 is a contract and not a native coin to the blockchain, coins can be frozen, removed, invalidated etc. by the entity that controls the contracts. Both USDC and USDT have actually done that. Native coins on a blockchain require the blockchain to be shut down in order to prevent their use. Decentralization is the weapon to prevent that. Cardano, Polkadot, Algorand, Ergo, are good blockchains that create native coins to the blockchain. However, these blockchains have also had limited success getting listed on the CEXs

[@조영자-m7z]

$SENT LFG!!

[@artur_aliabiev]

Then why use OXEN/SENT when there is XMR/Monero?

[@privacyproshop]

Exactly. Oxen/SENT is for use within the Session ecosystem for compensating Service Node operators and purchasing Session Pro, Session Names, Lokinet domains, and maybe even Lokinet bandwidth in the future

[@hdgv3507]

I love your videos!!!!!!!!

[@privacyproshop]

Thanks!