If Bitcoin is about freedom, should financial privacy be considered a fundamental Bitcoin feature?
#asknostr #Nostrich #Amethyst #Nostr #Plebchain
Privacy cannot be a Bitcoin feature: features are switches, and this ledger publishes every spend as a signed statement naming its coins.
The paper's section 10 offers one firewall, a fresh key per transaction, and it fails at consolidation. A multi-input spend proves the inputs share an owner, and change detection finishes the join by matching script types and solving for the output that is the inputs' sum minus the payment.
What remains is custody bookkeeping: separate UTXO sets per counterparty, addresses generated offline, your node answering balance queries.
The cost is a wallet read coin by coin, and one consolidation undoes it.
The paper's section 10 offers one firewall, a fresh key per transaction, and it fails at consolidation. A multi-input spend proves the inputs share an owner, and change detection finishes the join by matching script types and solving for the output that is the inputs' sum minus the payment.
What remains is custody bookkeeping: separate UTXO sets per counterparty, addresses generated offline, your node answering balance queries.
The cost is a wallet read coin by coin, and one consolidation undoes it.
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