I was a bitcoiner, who dabbled in Monero for a time. I came to the conclusion that monero suffers scalability and the privacy that we have had on bitcoin for a long time now actually obsoletes the nee...
> coinjoining including spending from coinjoins similar to Moneros ring signatures
The vast majority of CoinJoins that have ever been made are completely blown open now, because the signing keys of enough participants have already been compromised. Huge numbers of compromised ColdCard wallets were used in CoinJoins, which has reduced the mix set to an amount that is laughable. When you engage in a CoinJoin you are trusting that the other participants have securely generated their private keys with proper entropy, will never have their private key compromised by law enforcement seizure, are not actually subversive participants from law enforcement/security services/chainalysis firms. All these assumptions are dangerous and have been proved bullshit by time.
This week Robin Linus, the co-creator of Glass Coins/ShieldedCSV (the bleeding edge and most useful proposal for Bitcoin privacy) did a whiteboard session comparing his proposal with Shielded Bitcoin. After comparing the two, he begins talking about how the best solution for Bitcoin privacy would actually be having a snarks primitive introduced as a feature by Core. But that’s not going to happen, because Core is captured by corporate subversives that refuse any privacy features. I recommend you watch the lecture so you actually understand Bitcoin’s privacy landscape, and how far away we are from having useful privacy features in Bitcoin, of which none have been implemented yet:
https://x.com/robin_linus/status/2104266654226198827
The vast majority of CoinJoins that have ever been made are completely blown open now, because the signing keys of enough participants have already been compromised. Huge numbers of compromised ColdCard wallets were used in CoinJoins, which has reduced the mix set to an amount that is laughable. When you engage in a CoinJoin you are trusting that the other participants have securely generated their private keys with proper entropy, will never have their private key compromised by law enforcement seizure, are not actually subversive participants from law enforcement/security services/chainalysis firms. All these assumptions are dangerous and have been proved bullshit by time.
This week Robin Linus, the co-creator of Glass Coins/ShieldedCSV (the bleeding edge and most useful proposal for Bitcoin privacy) did a whiteboard session comparing his proposal with Shielded Bitcoin. After comparing the two, he begins talking about how the best solution for Bitcoin privacy would actually be having a snarks primitive introduced as a feature by Core. But that’s not going to happen, because Core is captured by corporate subversives that refuse any privacy features. I recommend you watch the lecture so you actually understand Bitcoin’s privacy landscape, and how far away we are from having useful privacy features in Bitcoin, of which none have been implemented yet:
https://x.com/robin_linus/status/2104266654226198827
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