this post was submitted on 11 Aug 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Development is not very active in recent years. I doubt we will ever see FCMP++s on the mainnet.
FCMP is being worked on by kayaba who has delivered in the past.
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.