Damus
☠️ ᗞᔇᕪᐞᒄ ᑭᑊᔇᐞᐩᕪ ☠️ · 1w
Explain.
gandlaf21 profile picture
monero, zcash (sometimes?), and liquid rely on cryptograpic proofs that hide the amounts to basically say "no more coins were created here than put in". But since no one can verify the amounts itself, you rely on the cryptographic soundness of those proofs. if they have a bug that lets coins be created arbitrarily and no one knows where they come from, we call it a hidden inflation bug.

As opposed to o visible inflation bug, where you would see where coins were created illegitimately.

On bitcoin that would mean outputs are larger than inputs => visible
1❤️2💩1
🔥 𝕷𝖔́𝖉𝖚𝖗𝖗 ☠️ · 1w
Inflation isn't created on Monero because of they cryptografy. and even if they were created, once detected, the network itself would block these coins. If no one has yet complained that they received it and then the coin disappeared, then there was no fraud. If coins were created on the mone...