Just a highly regarded Swan employee power grabbing a signal chat for himself instead of gracefully exiting our group. Expected behaivor, unfortunately. I don't recommend doing business with those folks. Not specific to THW company but seemingly acting in bad faith is not frowned upon over there (see recent mining lawsuits for more)
Increase the peace.
nostr:nevent1qqsyhgnkjqtezjmty22xhct3cne7w2942gc0l0mtf866s0kzyl8jgxcpzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7q3qarkn0xxxll4llgy9qxkrncn3vc4l69s0dz8ef3zadykcwe7ax3dqxpqqqqqqzxxe393
I love ad hominem attacks. Probably because I'm retarded.
nostr:nevent1qqsw9w70grjvpc9uunp4znygzt32hu439xnnxrdzekh2lwxxuka8usgpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyqe3dcmfdhn56wv4jynmnkzzmatmmhzar3a03gz0r0r6akqtg3ggsqcyqqqqqqgey54q6
I love ad hominem attacks. Probably because I'm retarded.
nostr:nevent1qqsw9w70grjvpc9uunp4znygzt32hu439xnnxrdzekh2lwxxuka8usgpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyqe3dcmfdhn56wv4jynmnkzzmatmmhzar3a03gz0r0r6akqtg3ggsqcyqqqqqqgey54q6
GM.
Had a friend post that this is making the rounds again. Will leave link with text of final conclusion paragraph.
https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
CONCLUSION
This report has described several innovative payment schemes which provide user anonymity and payment untraceability. These electronic cash schemes have cryptographic mechanisms in place to address the problems of multiple spending and token forgery. However, some serious concerns about the ability of an electronic cash system to recover from a security failure have been identified. Concerns about the impact of anonymity on money laundering and tax evasion have also been discussed.
Because it is simple to make an exact copy of an electronic coin, a secure electronic cash system must have a way to protect against multiple spending. If the system is implemented on-line, then multiple spending can be prevented by maintaining a database of spent coins and checking this list with each payment. If the system is implemented off-line, then there is no way to prevent multiple spending cryptographically, but it can be detected when the coins are deposited. Detection of multiple spending after-the-fact is only useful if the identity of the offender is revealed. Cryptographic solutions have been proposed that will reveal the identity of the multiple spender while preserving user anonymity otherwise.
Token forgery can be prevented in an electronic cash system as long as the cryptography is sound and securely implemented, the secret keys used to sign coins are not compromised, and integrity is maintained on the public keys. However, if there is a security flaw or a key compromise, the anonymity of electronic cash will delay detection of the problem. Even after the existence of a compromise is detected, the Bank will not be able to distinguish its own valid coins from forged ones. Since there is no way to guarantee that the Bank's secret keys will never be compromised, it is important to limit the damage that a compromise could inflict. This could be done by limiting the total value of coins issued with a particular key, but lowering these limits also reduces the anonymity of the system since there is a smaller pool of coins associated with each key.
The untraceability property of electronic cash creates problems in detecting money laundering and tax evasion because there is no way to link the payer and payee. To counter this problem, it is possible to design a system that has an option to restore traceability using an escrow mechanism. If certain conditions are met (such as a court order), a deposit or withdrawal record can be turned over to a commonly trusted entity who holds a key that can decrypt information connecting the deposit to a withdrawal or vice versa. This will identify the payer or payee in a particular transaction. However, this is not a solution to the token forgery problem because there may be no way to know which deposits are suspect. In that case, identifying forged coins would require turning over all of the Bank's deposit records to the trusted entity to have the withdrawal numbers decrypted.
We have also looked at two optional features of off-line electronic cash: transferability and divisibility. Because the size of an electronic coin must grow with each transfer, the number of transfers allowed per coin must be limited. Also, allowing transfers magnifies the problems of detecting counterfeit coins, money laundering, and tax evasion. Coins can be made divisible without losing any security or anonymity features, but at the expense of additional memory requirements and transaction time.
In conclusion, the potential risks in electronic commerce are magnified when anonymity is present. Anonymity creates the potential for large sums of counterfeit money to go undetected by preventing identification of forged coins. Anonymity also provides an avenue for laundering money and evading taxes that is difficult to combat without resorting to escrow mechanisms. Anonymity can be provided at varying levels, but increasing the level of anonymity also increases the potential damages. It is necessary to weigh the need for anonymity with these concerns. It may well be concluded that these problems are best avoided by using a secure electronic payment system that provides privacy, but not anonymity.
You just transfered goal posts. Lol. Your original objection was the privacy part being a hoax.
But data is transfered and the origin of that data is unknown to the mint. This is accomplished using a DHKE with a blinding mechanism. DHKE is commonly used for https when negotiating a secure web connection.
Virtue signal amplifying.
Have you seen eHash where you blind sign every share? I hope it can answer the question : "how do you know the pool is not debasing you?"
Have you heard of Prime Trust?
Their CEO, Cory, is a douchebag that I have heard from two friends that separately hold the opinion based on personal interactions.
Did you hear they were suing their former employees over a botched mining deal? They're a lot of hype but don't even hold their own keys. Lots of talk with little walk. Were supposed to be going public in a year or so and then magically laid off a bunch of people. Smells like bad news to me.
It's probably fine if you take self-custody but I'd rather use Coinbase than Swan. And Coinbase is horrible.
nostr:nprofile1qqs04xzt6ldm9qhs0ctw0t58kf4z57umjzmjg6jywu0seadwtqqc75sprfmhxue69uhhq7tjv9kkjepwve5kzar2v9nzucm0d5hsz9thwden5te0wfjkccte9ejxzmt4wvhxjme0qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0y8qdrm made Wikifredia.
If you stay awake long enough, you hear what nostr:nprofile1qqsdnpcgf3yrjz3fpawj5drq8tny74gn0kd54l7wmrqw4cpsav3z5fgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvl3x2lg is up to as a wizard. Pretty cool stuff. Might surprise some.
nostr:nprofile1qqsvak4cr0jzaarahhn98a9602e94sa2xt8u9dnjac8cns86lzp0z0sppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgmwaehxw309aex2mrp0yhx7unpdenk2urfd3kzuer9wchsf3w0fw nostr:nprofile1qqsdnpcgf3yrjz3fpawj5drq8tny74gn0kd54l7wmrqw4cpsav3z5fgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvl3x2lg
If I wanted to do testnet4 miniscript and taproot fun, how do?
Ron Paul 👀
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