this post was submitted on 18 Aug 2024
10 points (91.7% liked)
Monero
1662 readers
32 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Fortunately, you're reading the numbers wrong. Yes, some projects have 1-3 projects. Those projects tend to be side projects (e.g. Revuo, web site maintenance, etc) and are likely founded mostly from wallet providers and Monero service providers since it helps spread information that helps the ecosystem. I know Cakewallet has funded a few of these. The really important projects have 5-70 contributors. If donations stop, then some people would keep working on it because Monero is important, but they wouldn't be able to spend very much time on it so progress would be incredibly slow.