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333 sats \ 6 replies \ @DarthCoin 8 Feb \ on: Monero Explained monero
You forgot the important piece: MONERO IS TRACEABLE
and is run by gov agents
come on, go on, downzap this comment with your sats if you dare! That means you will have less sats...
You obviously didnt even watch the video.
"I'm going to explain why I think Monero is super cool. It really is the frontline of the arms race between cryptographers and investigators like us...Monero has an incredible developer team they are always looking for weaknesses in their privacy protocols, and so they're really proactive in making their protocol the most secure and private that it can be. So theres just really interesting things happning here cryptographically and so that means we also have to do interesting things to >>>try<<< and track it."
"I'm not feeling super confident about this"
"It appears"
"We believe"
They basically only managed to trace it because the target used a chainalaysis node to broadcast their transaction + coordinated with centralized swap services + user didn't hide their IP address.
Who would've thought? 🤷♂️
Remove any one of those 3 and they wouldn't have been able to.
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Thanks. More good quotes from the video.
It's so funny when Bitcoin maxis bring up this video because most of them obviously have never watched it. This was highly targeted and the user made many mistakes.
Imagine instead of Bitcoin the user had been transacting with Bitcoin. It wouldn't have required even half these mistakes to trace it lmao. FCMP upgrade will make even this attack impossible soon.
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As for run by gov agents, look in your own family, many bitcoiners are feds... Obviously... And the core devs have no desire for base layer privacy. Transparent blockchain has always been as selling point as it helps with being "regulatory compliance" and "number go up".
Come to the dark side Darth. Bitcoin is fine. I love it and use it, but stop pissing on monero just for the sake of your ego. It's clearly != as XRP or SOL or some memecoin
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Why would I downzap?
You paid to post in a territory you have muted. That I own. So you just gave me your sats. Winning.
Plus saying monero is traceable is laughable when compared to bitcoins... Are you honestly going to tell me that if someone has 6,000 bitcoin or the equivalent economic value in monero, the bitcoins will be harder to trace?
Mind you the capacity of the lightning chain is < 6,000 so good luck using that to hide.
The point I'm making is that the protocols are different, and ONE is obviously more privacy focused. Do you disagree?
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