NodeRunner on Nostr: Anonymous not Private Verified not Trusted I see your point through Satoshi's ...
Anonymous not Private
Verified not Trusted
I see your point through Satoshi's comments on ZK proofs, but the White Papers under Privacy section Chapter 10 reads, "by keeping public keys anonymous. The public can see that someone is sending an amount to someone else, but without information linking the transaction to anyone."
Satoshi consciously made bitcoin an anonymous verified system rather than a private banking modeled trusted system. This is the opening of Chapter 10 in the White Papers, "The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. The necessity to announce all transactions publicly precludes this method..."
Verified not Trusted
I see your point through Satoshi's comments on ZK proofs, but the White Papers under Privacy section Chapter 10 reads, "by keeping public keys anonymous. The public can see that someone is sending an amount to someone else, but without information linking the transaction to anyone."
Satoshi consciously made bitcoin an anonymous verified system rather than a private banking modeled trusted system. This is the opening of Chapter 10 in the White Papers, "The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. The necessity to announce all transactions publicly precludes this method..."