if the price is just >0, how are miners incentivized to secure the network? also re mining it seems inadvisable to continue to do sha256 since hash is likely to be negligable, the network would be trivial to attack and with no confidence nobody would use the network and since nobody is using the network it isnt private maybe its a question of details wherea would be price end up? exactly what privacy preserving techniques? etc but basically id say a private version of btc does not make *good enough* tradeoffs to disrupt xmr and zec

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atori's avatar
atori 1 year ago
Either merge mining with bitcoin or switch to RandomX merge mining with monero. Benefit would be wide distribution and branding/network effect. Realistically the price would be quite low. Monero price reflects the demand for private payments, bitcoin price reflects demand for 21M/infinity. If that turns out to be a gigantic bubble remains to be seen.