Damus
m0wer profile picture
m0wer
@m0wer
Privacy isn't binary. There is no silver bullet or magic tool that can give you "full" privacy. Privacy is hard to understand and practically difficult to measure. But easy to lie about.

Even many bitcoiners think Monero has "unbreakable" privacy. It doesn't, and no tool, network, or protocol ever will.

https://www.youtube.com/watch?v=iABIcsDJKyM

This video is a good example of how weak Monero's privacy can be in practice. (This isn't a criticism of Monero, it's a criticism of following mantras blindly and being fooled by slogans without understanding the details. Monero devs are doing great work.)

It shows how even if you can't tell which output was spent in a 16-participant ring signature, the anonymity set collapses on something as simple as a consolidation. Which would be critical for merchants, for example. And in practice it can be even worse, because there are methods to further reduce the effective anonymity set of the ring participants. Many more attacks and sources of metadata exist for intersection attacks too.

If you keep looking for a bulletproof privacy solution, you'll keep getting fooled. ;-)

63❤️7🤙1
Hodlcopter · 3w
My few favorite ways to spend Bitcoin always begin using CoinJoin and then funding either a LN channel of a Tor hidden LN Node running on nostr:nprofile1qqs9df4h2deu3aae83fmet5xmrlm4w5l9gdnsy3q2n7dklem7ezmwfcppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7q6m20y or funding nostr:npub1s...
hazzvaan · 3w
This reminded me of a clip: nostr:nevent1qqsgpu4c6vyr7438wmmdle5shufkzhsxyhdvjqscjjk3ejykw4fhnsgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygrjk2x2afvxn7pxg5lx7xcxq4ne4kacj40vszqjfzglzr20awch5upsgqqqqqqshdqzpq
/dev/fd0 · 3w
They are moving to FCMP++