I'm not sure what you even mean by that statement that there has never been a functioning decentralized cryptocurrency. I would need you to explain what your bar is for decentralization, and why it's so high.
As for privacy, the technology has come a long way in the last decade due to the development of Zero-Knowlege Proofs. I can share a few links if you are interested.
> I would need you to explain what your bar is for decentralization, and why it's so high.
A single entity being capable of significant or total disruption of the network.
> As for privacy, the technology has come a long way in the last decade due to the development of Zero-Knowlege Proofs. I can share a few links if you are interested.
I am interested. I'm aware of some progress being made here theoretically, but I have not seen implementations (I do not follow closely at this point).
As for privacy, the technology has come a long way in the last decade due to the development of Zero-Knowlege Proofs. I can share a few links if you are interested.