Super Testnet on Nostr: I like FCMP and it sounds like it does fix most of my monero criticisms But it fixes ...
I like FCMP and it sounds like it does fix most of my monero criticisms
But it fixes them by achieving what we already have in lightning (a blob of indecipherable sender data that anyone could have produced), and it achieves it in a way that unnecessarily bloats the chain with big blobs that everyone has to store forever
Just use lightning, that's my recommendation
Re: the sender tracing his payment to the recipient in a post FCMP world, yes, even in that world (if it ever arrives) the sender will be able to identify the recipient’s pubkey, which is tracing -- it's the first step. I think it's a lot less useful in a post FCMP world because every future tx will reference that pubkey as a possible spender, along with every other pubkey, and I suspect it will be infeasible to eliminate enough decoys in that world. Exiting stuff!
Published at
2025-05-29 23:37:24Event JSON
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"content": "I like FCMP and it sounds like it does fix most of my monero criticisms\n\nBut it fixes them by achieving what we already have in lightning (a blob of indecipherable sender data that anyone could have produced), and it achieves it in a way that unnecessarily bloats the chain with big blobs that everyone has to store forever\n\nJust use lightning, that's my recommendation\n\nRe: the sender tracing his payment to the recipient in a post FCMP world, yes, even in that world (if it ever arrives) the sender will be able to identify the recipient’s pubkey, which is tracing -- it's the first step. I think it's a lot less useful in a post FCMP world because every future tx will reference that pubkey as a possible spender, along with every other pubkey, and I suspect it will be infeasible to eliminate enough decoys in that world. Exiting stuff!",
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