Oddbean new post about | logout
 Monero is pure hopium nobody wants it 
 so I want hopium 😄  
 BTC needs better privacy and we would never hear about XMR again 
 LN is pretty private as it is. 
 Layer-2 solutions will always be a few steps ahead of shitcoins like Monero.
https://x.com/adam3us/status/1247103688398770186 
 Blockstream created Ring Ct and it was great, but... why Blockstream didn't tried to implement that in Bitcoin ? Blockstream said:

"This goes a step beyond the usual privacy offered by Bitcoin’s blockchain, which relies purely on pseudonymous (but public) identities. This matters, because insufficient financial privacy can have serious security and privacy implications for both commercial and personal transactions. Without adequate protection, thieves can focus their efforts on high-value targets, competitors can learn business details, and negotiating positions can be undermined."

Wtf ?! Conflict of interest ?

https://image.nostr.build/89ed3331510f71b9bf75590226ef4bc86db962a94a805da784dd94f7fd7dbe09.png

Btw, the Ring Ct in Monero is different but it's based on Gregory Maxwell (Blockstream) work. The post of Adam Back seems arrogant for me and it wasn't necessary at all, Shen Noether who implemented Ring Ct in Monero published an article and a whole document about that, where he said: 

"Recently the technique
of using a commitment scheme to hide the amount of a transaction has
been discussed and implemented by Bitcoin Core Developer Gregory Maxwell."

You can check here:

https://eprint.iacr.org/2015/1098 
 so blockstream created it but didn't implement it? the quote you gave doesn't give a reason 
 It wasn't implemented in Bitcoin, it was implemented in Blockstream's L2... why ? 
 ah gotcha, curious i didn't know that. thanks 
 So you're telling me Liquid had the name recognition with Bitcoin and this huge headstart...and Monero *still* outpaced it in every way, like hiding senders/receivers, implementing network level obfuscation, and growing a massive anonymity set vs the graveyard that is Liquids mempool

The market has spoken. No one that wants private transactions uses Liquid. No one uses Liquid for anything, period.

liquid.network  
 Not enough for HNWI. 
 Monero is what Bitcoin could have been.

The best money this planet ever has seen.


It's the only coin fully decorrelated from all other coins. You have the audience to call it a shitcoin ignoring that it's the only coin  constantly attacked by state actors.

When I see Bitcoiners in this late stage euphoria it bewilders me. It has lost all the intelligence and adversarial thinking of the early days.

 
 Tail emissions? That’s called shit 
 The market does not value your coin