3/07 ANDY HOFFMAN (CryptoGoldCentral.com): BRhodium Announces Initial Plan To Implement Privacy Features

in #andyhoffman5 years ago (edited)

In five years in the cryptocurrency space – the past year-and-a-half, operating my own company – I have witnessed the launch of hundreds, if not thousands of new assets. Like dotcoms, most have no reason to exist; and aside from the potential for a new, powerful altcoin bubble dwarfing the last (a distinct possibility), most will ultimately be worthless.

However, many will be big winners in what will I expect to be a Digital Age of financial commerce and freedom – as whether Bitcoin takes over the world (another distinct possibility), altcoins aren’t going away. In fact, the best case scenario for altcoins, in my opinion, is just such a case.

Three decades of analyzing and marketing financial assets give me insight into stories that appear likely to succeed – and aside from Bitcoin itself, which I invested heavily in during the first quarter of 2016, few crypto assets, for now, stand out as having the potential to maintain value over the long haul.

One of them, of course, is BRhodium – which I was fortunate enough to receive free when it was distributed in a pioneering airdrop a year ago. Those who follow me know I have invested a tremendous amount of financial and human capital in this story, given how capable its anonymous devs are, and the strength of the vision they have thus far translated into crypto reality.

A year after the airdrop, the XRC blockchain just passed its 20,000th block this morning – with a thriving Discord community of “BRODLers” that believe, as I do, in BRhodium’s long-term use case. The “Strong Hands” crypto-dividend program will pay us to hold for years – and while we do, the devs continue to add to the coin’s capabilities with new technological advancements. I’m particularly looking forward to the long-awaited source code release by month’s end – which in my view, will provide a strong signal to the crypto community that ultimately, XRC can be a universally desired, decentralized store-of-value asset.

This morning, the dev team released an article titled “BRhodium’s path towards Digital Freedom” – in which it outlines the various privacy/fungibility features it is considering, in its quest for anonymous transactions by the end of the second quarter. It’s a beautifully written thesis, of how the team is thoughtfully considering all options available – from Coinjoin, to CT and MimbleWimble – in its quest to make BRhodium a “niche savings account” with full privacy features.

https://medium.com/@BitCoinRh/bitcoin-rhodiums-path-towards-digital-freedom-making-transactions-private-6e07525b9ddc

For anyone doubting how serious the devs are about making BRhodium a go to store-of-value asset, I strongly advise you to read this wonderful outline of its privacy/fungibility plans. And then, amidst a crypto market showing signs of emerging from its year-plus bear market, consider XRC’s market cap remains a paltry $5 million – down, I might add, from the $25 million level it traded at just two months ago, before the “post listing overhang” caused the price to retrace. Better yet, consider BRhodium’s “competition” for crypto investment, and you’ll better understand how favorable its’ risk/reward profile is.

https://steemit.com/andyhoffman/@andyhoffman/2-03-andy-hoffman-cryptogoldcentral-com-a-comparison-of-brhodium-and-it-s-competition

If you have any questions about BRhodium, or XRC OTC trading, please email me at [email protected], or DM/PM me on Twitter or Discord.

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