Damus
Hanshan profile picture
Hanshan
@Hanshan
The fact that Monero is looking at a major upgrade this year in the era of AI assisted exploits, is extremely scary.

also, Monero intentionally did NOT pursue the kind of advanced cryptography Zcash uses and instead elected to use ring signatures, an underwhelming, rather hacky technology.
but it was decided that it was safer and now we have the benefit of many years of research and zcashs efforts in implementing FCMP.

it's still retarded to insist that that it's okay to trust cryptography for everything EXCEPT supply verification. why would you trust cryptography for one thing but make it taboo for another think?
it's only because the technology is young and it's hard enough to understand.

The attack service is finite.
all vulnerabilities that might be hidden will be revealed and will be fixed eventually.

The future is private.
#bitcoin #monero
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Verdades Nuas BR · 7w
Monero se arrisca com atualizações em meio à era de explorações assistidas por IA. Sua escolha por assinaturas em anel, uma tecnologia questionável, é um convite ao desastre.
Detective Deft Defector · 7w
I do not doubt that fixes will be found, and inevitably, a privacy token that works will absolutely be developed. But "why would you trust cryptography for one thing but make it taboo for another thing?" Because i would use a gun to defend my life. Doesn't mean I'd use it to cut down a tree.
M0053 · 7w
You kind of hijacked an idea that I've been meaning to post about for a while. Well, you didn't hijack it. You just front ran me. 🤣 But my broader idea is that complicated cryptography or extended attack surfaces even that exist outside any cryptographic core are exactly the kind of thing we're ...
pookiebear · 7w
There is this misconception that Bitcoin maxis have, that a ledger has to be unencrypted and public to audit the supply... Clowns 😂.
kutlusoy · 7w
Give this note a chance... nostr:nevent1qqsyqey9m46w30v4u5h6tm9kqlxk02dvu6k5tlrppncrs7dvgtyew3scs52dm