Thread - Nostr Hypermedia

ภ๏รtг๏ภคยt Admin@nostrich.club 2 years ago

Sounds like you wanna double dip. Bitcoins value and privacy. Bitcoin was never made to be private while Monero's(XMR) privacy technology is similar to CoinJoin, in that it uses ring signatures to mix the spender's signature with the signatures of other users to make tracing addresses nearly impossible... What are your thoughts on XMR, other than "its not bitcoin"?

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Replies (4)

. 2 years ago

Samourai tools are the best privacy tools in bitcoin, no silver bullets but a range of options that work today they will soon offer atomic swaps with monero which adds more options monero has utility, i am not anti

1 replies ↓

. 2 years ago

npub1yju9...unxk 2 years ago

If there is one thing I'm thankful for this holiday season it's that I don't have the bitchy attitude of those Samorai folks in my Nostr feed like I had on Twitter. #thankful

Saberhagen The Nameless 2 years ago

Monero has several layers of privacy that are all by default (important): Ring Signatures obfuscate senders Confidential Transactions hide amounts Stealth Addresses hide recievers Dandelion++ hides IP Here are some major differences between coinjoins and ring signatures:

LocalMonero

Monero’s ring signatures vs CoinJoin like in Wasabi — LocalMonero

CoinJoin is the core of BTC privacy, and the issues inherent in it are some of those solved by Monero’s ring signatures.