Are you talking about Monero?
Login to reply
Replies (6)
No, Bitcoin on chain transactions being public is a feature not a bug. Layer 2 will give small transactions the anonymity they need, but when transferring significant sums of money everyone should be able to see it. I'm not talking about transactions of more than $10,000, I'm talking the equivalent value of millions or billions of dollars in Bitcoin.
The transfers of institutions and governments (who both represent significant groups of individuals) should be public so we all know it happened. For too long large institutions have had their transactions private and through those same institutions we have lost anonymity in small transactions.
Bitcoin with layer 2 technologies flips that on its head and restores things to the way they were. Everyone knew when large quantities of gold were moved, few knew when and where small coins were spent.
#Bitcoin with its public #blockchain is superior to #Monero. Not even mentioning it's first mover advantage which makes it exceedingly difficult for new competitors to catch up and meet or exceed the same momentum. Bitcoin is such a leap beyond anything that came before it, and coming first means it's the most likely to succeed long term compared to any potentially mildly improved assets.
found the statist
Bitcoiners are the right tools for the job of promoting bitcoiner to tools