Chainalysis admits that:
1. $XMR is better than $BTC
2. $XMR too decentralised to shut down.
FCMPs breaks 100% of their tracing abilities
#Cypherpunk level decentralisation
#BTC #XMR
https://archive.org/details/chainalysis_XMR
Chainalysis admits that:
1. $XMR is better than $BTC
2. $XMR too decentralised to shut down.
FCMPs breaks 100% of their tracing abilities
#Cypherpunk level decentralisation
#BTC #XMR
https://archive.org/details/chainalysis_XMR
There are hosting options but the point is that it is unnecessarily complicated and almost no one using it.
Check users around you, they all have custodial LN
First, fuck off!
Now on the point, everyone using whatever they wish, what I point out was that #zaps are centralized part of #nostr and that's just a fact.
If you prefer use centralized options, who cares.
Venmo/Paypal doesn't differ much from LN providers, they even more secure 🐡🦈
FCMP++ is near!
FCMP++ is a development aimed at replacing rings in the Monero protocol, offering enhanced sender privacy. It builds upon the concept of Full-Chain Membership Proofs (FCMP) and introduces several new features.
Key Improvements:
Transaction Chaining: Enables signing a transaction spending another transaction before the spent transaction is published and mined on-chain, facilitating layer-two designs for Monero, such as payment channel protocols.
Outgoing View Keys: Provides 100% certainty in detecting when received outputs are spent, simplifying cold wallet setups and multisignature wallets, and allowing for a single “view key” without distinction between “incoming” and “outgoing”.
Forward Secrecy: Ensures an adversary with a discrete log oracle, such as a quantum computer, cannot break the protocol’s privacy.
Comparison to Seraphis:
While Seraphis also introduces these features, it requires a migration to a new anonymity set and address format, invalidating prior addresses. FCMP++ achieves the same goals without a migration, enabled by a trade-off of not offering these features at launch.
Implementation:
FCMP++ is based on Curve Trees and elliptic curve divisors, leveraging Eagen’s work. The composition has been largely specified and is currently being reviewed and detailed. The development was funded, and an earmarked fund for academic review and auditing is still raising.
Impact:
FCMP++ aims to provide full sender privacy to Monero, replacing the vulnerable ring-based system. It enables efficient proofs for membership, removing risks associated with statistical analysis and chain reorganizations. The implementation’s focus on deployability and scalability ensures a smoother transition for the Monero ecosystem.
https://m.primal.net/KYcv.png
Prepare for the 2030, get #Monero
#XMR #Privacy
Who told you that I didn't buy it early?!
I bought, I used a lot before.
My concern is that people stopped using BTC as a currency, p2p money, it became speculative investment first.
That's one thing, another is that since it's got hijacked and became BlackRocks asset, we have better alternatives for private, fast p2p money.
If you have eyes, you will see. No hate here, brother
Only if zapping with Monero.
Why they promote custodial LN wallets?
Idea is great, but if same people with same mentality will manage it, than it's f#cked
BTC never meant to be "store of value" as it's main function, it supposed to be p2p payment, which it failed and became money printing machine for early holders and gambling for rest of the world.
Get better knowledge in finances in general and will find better wways to "store" your wealth.
Is it having view-key enough to get such details?
If the wallet empty anyway, I see no problem to give the private key to researchers to gather whatever is possible (quite limited though)
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