📅 Original date posted:2021-02-28
📝 Original message:Good Evening,
Thank-you for your advice @JeremyRubin<https://twitter.com/JeremyRubin>; on the basis you advise, "Taproot does not enable monero-like privacy features", I am prepred to withdraw my NACK notably that the existing feeatures of Bitcoin MUST be maintained, and whereby the UTXO of a transaction is identifiable, the PayTo Address, and the amount all without any obfuscation.
Lightning does not really provide obfuscation, it provides a result of a subset of transactions although the operation of the channel is observable to the parties.
The reports I were reading concerning the supposed operation of Taproot published in a public media channel may have been speculation or misinformation nonetheless it is prudent to conditionally reply as you see that I have. It is important not to allow things to slip through the cracks. As you may believe may astute reviewers could make a full disclosure to this list it is not to be expected.
KING JAMES HRMH
Great British Empire
Regards,
The Australian
LORD HIS EXCELLENCY JAMES HRMH (& HMRH)
of Hougun Manor & Glencoe & British Empire
MR. Damian A. James Williamson
Wills
et al.
Willtech
www.willtech.com.au<mail://local/Sent/www.willtech.com.au>
www.go-overt.com<mail://local/Sent/www.go-overt.com>
and other projects
earn.com/willtech
linkedin.com/in/damianwilliamson
m. 0487135719
f. +61261470192
This email does not constitute a general advice. Please disregard this email if misdelivered.
________________________________
From: Jeremy <jlrubin at mit.edu>
Sent: Sunday, 28 February 2021 3:14 AM
To: LORD HIS EXCELLENCY JAMES HRMH <willtech at live.com.au>; Bitcoin Protocol Discussion <bitcoin-dev at lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Taproot NACK
I have good news for you: Taproot does not enable monero-like privacy features any moreso than already exist in Bitcoin today. At its core, taproot is a way to make transactions with embedded smart contracts less expensive, done so in a manner that may marginally improve privacy dependent on user behavior (but not in the monero-like way you mention). For example, it makes it possible for lightning channels to look structurally similar to single key wallets, but it does nothing inherently to obfuscate the transaction graph as in monero.
Such "monero-like" transaction graph obfuscation may already exist in Bitcoin via other techniques (coinjoin, payjoin, coinswap, lightning, etc) with or without Taproot, so the point is further moot.
Do you have a source on your reporting?
You may wish to rescind your nack.
--
@JeremyRubin<https://twitter.com/JeremyRubin><https://twitter.com/JeremyRubin>;
On Sat, Feb 27, 2021 at 5:46 AM LORD HIS EXCELLENCY JAMES HRMH via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org<mailto:bitcoin-dev at lists.linuxfoundation.org>> wrote:
Good Afternoon,
It has been reported that Taproot will enable some Monero like features including the ability to hide transactions.
If that is the case I offer a full NACK and let me explain.
A part of the benefit of using Bitcoin is its honesty. The full transaction is published on the blockchain. If that were to change so that transactions may be obfuscated from scrutiny then any government would have unlimited impetus to ban Bitcoin, and speculation has that is the reason India has been reported to have banned cryptocurrencies already.
I am in support of the expanded use case of Bitcoin without harming the established robust fairness and equal equity offered. The core functionality of Bitcoin, its values, must remain unaltered.
KING JAMES HRMH
Great British Empire
Regards,
The Australian
LORD HIS EXCELLENCY JAMES HRMH (& HMRH)
of Hougun Manor & Glencoe & British Empire
MR. Damian A. James Williamson
Wills
et al.
Willtech
www.willtech.com.au<http://www.willtech.com.au>;
www.go-overt.com<http://www.go-overt.com>;
and other projects
earn.com/willtech<http://earn.com/willtech>;
linkedin.com/in/damianwilliamson<http://linkedin.com/in/damianwilliamson>;
m. 0487135719
f. +61261470192
This email does not constitute a general advice. Please disregard this email if misdelivered.
_______________________________________________
bitcoin-dev mailing list
bitcoin-dev at lists.linuxfoundation.org<mailto:bitcoin-dev at lists.linuxfoundation.org>
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
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LORD HIS EXCELLENCY JAMES HRMH [ARCHIVE] /
npub1ej…ehx2v
2023-06-07 18:29:08
in reply to nevent1q…cj29
Author Public Key
npub1ejcm88lhnqwsejncwqxg7nrqgd0r0z29006xd52wvuf9u44xchmqkehx2vPublished at
2023-06-07 18:29:08Event JSON
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"content": "📅 Original date posted:2021-02-28\n📝 Original message:Good Evening,\n\nThank-you for your advice @JeremyRubin\u003chttps://twitter.com/JeremyRubin\u003e on the basis you advise, \"Taproot does not enable monero-like privacy features\", I am prepred to withdraw my NACK notably that the existing feeatures of Bitcoin MUST be maintained, and whereby the UTXO of a transaction is identifiable, the PayTo Address, and the amount all without any obfuscation.\n\nLightning does not really provide obfuscation, it provides a result of a subset of transactions although the operation of the channel is observable to the parties.\n\nThe reports I were reading concerning the supposed operation of Taproot published in a public media channel may have been speculation or misinformation nonetheless it is prudent to conditionally reply as you see that I have. It is important not to allow things to slip through the cracks. As you may believe may astute reviewers could make a full disclosure to this list it is not to be expected.\n\nKING JAMES HRMH\nGreat British Empire\n\nRegards,\nThe Australian\nLORD HIS EXCELLENCY JAMES HRMH (\u0026 HMRH)\nof Hougun Manor \u0026 Glencoe \u0026 British Empire\nMR. Damian A. James Williamson\nWills\n\net al.\n\n\nWilltech\nwww.willtech.com.au\u003cmail://local/Sent/www.willtech.com.au\u003e\nwww.go-overt.com\u003cmail://local/Sent/www.go-overt.com\u003e\nand other projects\n\nearn.com/willtech\nlinkedin.com/in/damianwilliamson\n\n\nm. 0487135719\nf. +61261470192\n\n\nThis email does not constitute a general advice. Please disregard this email if misdelivered.\n________________________________\nFrom: Jeremy \u003cjlrubin at mit.edu\u003e\nSent: Sunday, 28 February 2021 3:14 AM\nTo: LORD HIS EXCELLENCY JAMES HRMH \u003cwilltech at live.com.au\u003e; Bitcoin Protocol Discussion \u003cbitcoin-dev at lists.linuxfoundation.org\u003e\nSubject: Re: [bitcoin-dev] Taproot NACK\n\nI have good news for you: Taproot does not enable monero-like privacy features any moreso than already exist in Bitcoin today. At its core, taproot is a way to make transactions with embedded smart contracts less expensive, done so in a manner that may marginally improve privacy dependent on user behavior (but not in the monero-like way you mention). For example, it makes it possible for lightning channels to look structurally similar to single key wallets, but it does nothing inherently to obfuscate the transaction graph as in monero.\n\nSuch \"monero-like\" transaction graph obfuscation may already exist in Bitcoin via other techniques (coinjoin, payjoin, coinswap, lightning, etc) with or without Taproot, so the point is further moot.\n\nDo you have a source on your reporting?\n\nYou may wish to rescind your nack.\n\n\n--\n@JeremyRubin\u003chttps://twitter.com/JeremyRubin\u003e\u003chttps://twitter.com/JeremyRubin\u003e\n\n\nOn Sat, Feb 27, 2021 at 5:46 AM LORD HIS EXCELLENCY JAMES HRMH via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003cmailto:bitcoin-dev at lists.linuxfoundation.org\u003e\u003e wrote:\nGood Afternoon,\n\nIt has been reported that Taproot will enable some Monero like features including the ability to hide transactions.\n\nIf that is the case I offer a full NACK and let me explain.\n\nA part of the benefit of using Bitcoin is its honesty. The full transaction is published on the blockchain. If that were to change so that transactions may be obfuscated from scrutiny then any government would have unlimited impetus to ban Bitcoin, and speculation has that is the reason India has been reported to have banned cryptocurrencies already.\n\nI am in support of the expanded use case of Bitcoin without harming the established robust fairness and equal equity offered. The core functionality of Bitcoin, its values, must remain unaltered.\n\nKING JAMES HRMH\nGreat British Empire\n\nRegards,\nThe Australian\nLORD HIS EXCELLENCY JAMES HRMH (\u0026 HMRH)\nof Hougun Manor \u0026 Glencoe \u0026 British Empire\nMR. Damian A. James Williamson\nWills\n\net al.\n\n\nWilltech\nwww.willtech.com.au\u003chttp://www.willtech.com.au\u003e\nwww.go-overt.com\u003chttp://www.go-overt.com\u003e\nand other projects\n\nearn.com/willtech\u003chttp://earn.com/willtech\u003e\nlinkedin.com/in/damianwilliamson\u003chttp://linkedin.com/in/damianwilliamson\u003e\n\n\nm. 0487135719\nf. +61261470192\n\n\nThis email does not constitute a general advice. Please disregard this email if misdelivered.\n_______________________________________________\nbitcoin-dev mailing list\nbitcoin-dev at lists.linuxfoundation.org\u003cmailto:bitcoin-dev at lists.linuxfoundation.org\u003e\nhttps://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210228/cc4672e3/attachment.html\u003e",
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