Crap, i forgot about last week. Time for another Skepticism Sunday!
Stay on topic:
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This thread is only for comments discussing the uncertainties, shortcomings, and concerns some may have about Monero.
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NOT the positive aspects of it.
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Discussion can relate to the technology itself or its economics.
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Talk about community and price is not wanted, but some discussion about it maybe allowed if it relates well.
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Be as respectful and nice as possible. This discussion has potential to be more emotionally charged as it may bring up issues that are extremely upsetting: many people are not only financially but emotionally invested in the ideas and tools around Monero.
How it works:
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Post your concerns about Monero in reply to this thread.
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If you can address these concerns, or add further details to them -- reply to that comment. This will make it easily sort-able.
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Upvote the comments that are the most valid criticisms of it that have few or no real honest solutions/answers to them.
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The comment that mentions the biggest problems of Monero should have the most karma.
The first principle is that you must not fool yourself โ and you are the easiest person to fool.
Development is active, but unfortunately slow due to the limited number of developers and incompetence within the community. Unlike BTC and ETH, which have significant financial incentives, Monero relies solely on community-funded initiatives, which are infrequent and unreliable. Monero tends to attract hobbyist developers because of this who lack the motivation to deliver timely results, treating the project as a mere experiment to tinker with.
For example, Monero has not seen a proper DEX release in years, with projects like Haveno being complete failures with barely any volume and a basic AMM DEX has been in development for over two years by the so-called revered kayabanerve without any mainnet release - quite literally a Uniswap clone taking over 2 years without any solid results - how sad!
This is also completely false. Serai is not a "Uniswap clone"; Uniswap only supports ERC20 tokens, where Serai can support almost any coin from any chain, given the right validator setup. Also, there have been "solid results": there was a testnet 5 months ago.