Bitcoin vs Monero: while Bitcoin is focused on decentralization and a transparent monetary policy, Monero prioritizes privacy and ASIC resistance to allow anyone to mine with their home computer.
However, Monero has better confidentiality (hidden amounts) but isn’t necessarily more private due to the lower user base and smaller anonymity sets. If fewer users transact, there’s a tinier crowd in which they can hide – especially if some users are well-known or choose to reveal information about their transactions.
Also, it’s hard for Monero to identify potential inflation bugs – which is fine, as the project is designed to be cypherpunk money instead of digital gold.
Learn more by listening to S14 E8 of the Bitcoin Takeover podcast, featuring DMix creator Fadi Barbara!
#bitcoin #monero #privacy #bitcoinprivacy #confidentialtransaction #bitcoinpodcast #dmix #bitcointakeover #btctkvr #bitcointakeoverpodcast https://video.nostr.build/01c2915fba830a1181df795657d94168055cf586a549d977421f3bf2fe284fa6.mov
anonymity =/= privacy
Bitcoin can never be private because its a public blockchain
Even the anonymity part is debatable because it requires active opt-in action, fraction of users buy KYC-free + Coinjoin, the relatively small anon set is split over several protocols, and it degrades over time
Bitcoin vs monero, what you need to know:
> opens dark web
> opens dread
> it's all about monero
bitcoin bros... not like this