Hanshan's avatar
Hanshan
hanshan@hanshan.io
npub1lxza...svxa
People improve through making mistakes. Free people make their mistakes faster. Nostrich since 761114.
Hanshan's avatar
Hanshan 1 month ago
can somebody explain what this person means? as far as I know, all arguments about supply fluctuation affecting market players influence has to do with unpredictability of supply dynamics. but those aren't applicable to algorithmically determined supply. and isn't there an simple counter argument, that having stable supply inflation *reduces early adopter power and lowers the barrier to entry to the system, making the market *more equitable? I can't see how having algorithmically determined (and known!) supply fluctuation makes a market *less free* thoughts? #bitcoin #monero View quoted note →
Hanshan's avatar
Hanshan 1 month ago
The fact that Monero is looking at a major upgrade this year in the era of AI assisted exploits, is extremely scary. also, Monero intentionally did NOT pursue the kind of advanced cryptography Zcash uses and instead elected to use ring signatures, an underwhelming, rather hacky technology. but it was decided that it was safer and now we have the benefit of many years of research and zcashs efforts in implementing FCMP. it's still retarded to insist that that it's okay to trust cryptography for everything EXCEPT supply verification. why would you trust cryptography for one thing but make it taboo for another think? it's only because the technology is young and it's hard enough to understand. The attack service is finite. all vulnerabilities that might be hidden will be revealed and will be fixed eventually. The future is private. #bitcoin #monero View quoted note →