View quoted note → #bitcoin #monero

me too bro me too View quoted note →

more of this View quoted note → less of this View quoted note → #bitcoin #monero

View quoted note → #bitcoin #monero

GM you can't prove to a boomer that even if they get self-custody right, nobody will be able to steal their Bitcoin. or prove that I can't develop a secret exploit to spend Satoshi's utxos. there's always a chance there's a problem with the DLP or the implementation is flawed. we can't prove the non existence of something. so when they say " but maybe some shadowy super hacker could hack my Bitcoin!" all we can honestly do is say "this thing has been going for a long time, it is well understood and the attack surface is small." now, nobody can prove that there ISN'T a hidden inflation bug in Monero. the transactions are more complicated than Bitcoin, giving it a greater attack surface. the proofs that verify supply are somewhat newer than the DLP. all in all it is a more complicated system. but let's be honest, the cryptographic primitives aren't THAT new or THAT complicated. we're just like some Boomer who doesn't understand it and thinks that somebody who does will exploit the system. and maybe somebody does. maybe there IS an implementation failure and a hidden inflation bug and Monero goes to zero. this is fine. the next project will patch the problem and implement it correctly. eventually there will be a chain with hidden amounts and a supply that is verified by cryptographic proof. and people will consider the idea that the supply verification can't be trusted as ridiculous as the idea that I could hack Satoshi's coins. #bitcoin #monero

doing The Lords work View quoted note →

whether you like it or not people will use cryptographic proofs to guarantee supply. people will handwave and say "something something hidden inflation bug" but the attack surface is finite and known and whether or not those proofs are broken is something we CAN know. View quoted note →

I talk about ALL the tools but somehow people just remember the monero conversations why is that I suppose? @SuiGenerisJohn ? View quoted note →