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Mastering Monero: The future of private transactions [pdf] (2019)

masteringmonero.com

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Re: Mastering Monero: The future of private transactions [pdf] (2019)

#171

Post by EscapeFromNY »

dmbche wrote: post #170
roenxi wrote: post #165

Earlier quoted context omitted.

I'm certainly interested, but a source would be helpful. If they're using an anonymous crypto I'd expect all the money to vanish.

https://coingeek.com/why-bitcoin-cannot-help-canadian-trucke... This is on how their use if Bitcoin didn't help, and here is one on where the money went https://www.cbc.ca/news/canada/ottawa/freedom-convoy-donatio...

You should be aware that Coingeek is a propaganda site for a known charlatan. Any claim that Wright invented bitcoin should give it away immediately. His claims have been repeatedly, cryptographically proven false, for close to 10 years now:

https://www.forbes.com/sites/thomasbrewster/2015/12/11/bitco...

https://www.vice.com/en/article/jpgq3y/satoshis-pgp-keys-are...

He is trying to use courts around the world to bully bitcoin developers into writing code that gives him 1.1 million bitcoin for free. So of course he'd like to spread the idea that governments have control over it.

Jesse Powell's point was not that governments can control bitcoin - it was that governments can control exchanges under their jurisdiction. Kraken cannot seize your coins if you keep them in self-custody. Kraken is not responsible for you - you are responsible for yourself.

Re: Mastering Monero: The future of private transactions [pdf] (2019)

#172

Post by krainboltgreene »

friend_and_foe wrote: post #158
krainboltgreene wrote: post #148

Earlier quoted context omitted.

> It's one of the first technologies in history that enables completely private exchanges of currency. Monero pre-dates dead drops?

> one of the

But it's not.

Re: Mastering Monero: The future of private transactions [pdf] (2019)

#173

Post by timbit42 »

Taek wrote: post #55
EscapeFromNY wrote: post #19

Monero is perhaps the only cryptocurrency that both works as advertised, and has gathered a self-sustaining userbase. No $20 transaction fees. No influencer pump and dumps. No VCs who need to extract value. No fork drama. No unrealistic roadmap. No charismatic leader boiling the frog with scope creep. It's not trying to be an investment. It's actually private. It's actually anonymous. This is all a lot of us ever wan…

I hate to burst the bubble but strategies to break Monero's anonymity have been known since 2019. It turns out that the general strategy of mixing a subset of outputs together is insufficient to provide robust privacy, even if the mix set is large (like in Lelantus). The only strategies that can provide strong anonymity for on-chain crypto are full anonymity set currencies like Zcash.

That would make sense if you knew who was putting Monero in the mix but you don't. This is a good reason why mixing Bitcoin mixing doesn't work.
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