rafael_xmr on Nostr: Always having something better is good, because so does the enemy, so if something is ...
Always having something better is good, because so does the enemy, so if something is better for Monero, it can just implement it. There is no reason to ignore new anonymity enhancing techniques if the end goal is the same.
Contrary to Bitcoin which is forever cursed with the ideology to never change, when in reality this causes even more trade-offs in regards to usability, privacy, censorship-resistance, decentralization, & security than if it had already implemented confidential transactions, or dynamic blocks for lower fees & on-chain scaling, which the positives very outweight the negatives at the current point in time, but instead you have a chain that is hard to use efficiently, lacks proper privacy, which in turn poses your security in risk + makes it less resistant to censorship, and then it can't sufficiently decentralize as the hotspots can be treated as regulated entities
Published at
2024-03-12 19:23:33Event JSON
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"content": "Always having something better is good, because so does the enemy, so if something is better for Monero, it can just implement it. There is no reason to ignore new anonymity enhancing techniques if the end goal is the same.\n\nContrary to Bitcoin which is forever cursed with the ideology to never change, when in reality this causes even more trade-offs in regards to usability, privacy, censorship-resistance, decentralization, \u0026 security than if it had already implemented confidential transactions, or dynamic blocks for lower fees \u0026 on-chain scaling, which the positives very outweight the negatives at the current point in time, but instead you have a chain that is hard to use efficiently, lacks proper privacy, which in turn poses your security in risk + makes it less resistant to censorship, and then it can't sufficiently decentralize as the hotspots can be treated as regulated entities",
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