L 0 K 1 on Nostr: Until yet another inflation bug appears. Bitcoin can be just as private with LN, ...
Until yet another inflation bug appears.
Bitcoin can be just as private with LN, payjoin and interactive, anonymised coinjoins cryptonote protocol is less private than those things all being used routinely. MuSig2 literally could be used to do RingCT style mixing.
Montero only has this popularity on the darkweb because it automates that payment mixing.
So few arrests anyhow from chain analysis, which suggests even bitcoin is mostly secure against the $5 wrench attack.
Probably because all darkweb bitcoin transactions are using Tor. Tor alone stops geolocating spending keys...
Montero can't do a lightning network. It's just a matter of time until LN is easily anonymous, and interactive payjoins are easy.
Montero can't be audited properly. All zkp chains will also have this problem. UTXO is Goldilocks. Auditable, but potentially private with VPN and interactive payjoins.
Montero can't be audited. Did I mention that?
Published at
2023-08-02 21:58:21Event JSON
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"content": "Until yet another inflation bug appears.\n\nBitcoin can be just as private with LN, payjoin and interactive, anonymised coinjoins cryptonote protocol is less private than those things all being used routinely. MuSig2 literally could be used to do RingCT style mixing.\n\nMontero only has this popularity on the darkweb because it automates that payment mixing.\n\nSo few arrests anyhow from chain analysis, which suggests even bitcoin is mostly secure against the $5 wrench attack.\n\nProbably because all darkweb bitcoin transactions are using Tor. Tor alone stops geolocating spending keys...\n\nMontero can't do a lightning network. It's just a matter of time until LN is easily anonymous, and interactive payjoins are easy.\n\nMontero can't be audited properly. All zkp chains will also have this problem. UTXO is Goldilocks. Auditable, but potentially private with VPN and interactive payjoins.\n\nMontero can't be audited. Did I mention that?",
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