orange on Nostr: I am glad we agree on the first point: Monero doesn’t scale. On the “encrypted ...
I am glad we agree on the first point: Monero doesn’t scale.
On the “encrypted basechain”, how do you audit it then? Back to my point, you can’t have perfect privacy and a verifiable blockchain.
So Bitcoin for a verifiable blockchain: the hardest asset on top of which ecash can be minted when perfect privacy is needed.
Published at
2024-09-04 15:11:06Event JSON
{
"id": "36a13b40cd9e6864a539ba126c558b79e934e805ad051e4d7d6fbb00a39fa002",
"pubkey": "d4e15eb791b83dd2d17eaf2f8b3e3606eb78062475a9e0281d63ba7ee657ad01",
"created_at": 1725462666,
"kind": 1,
"tags": [
[
"p",
"af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85"
],
[
"e",
"03c4cbac45402302cc3f9d2a269a019348e3d4d56296831f07b4c08873b7f104",
"",
"root"
],
[
"e",
"a9c28d96b4cd4129f845d0347cbec58e0dba1036b627299db81e0ec8451b18de",
"",
"reply"
]
],
"content": "I am glad we agree on the first point: Monero doesn’t scale.\n\nOn the “encrypted basechain”, how do you audit it then? Back to my point, you can’t have perfect privacy and a verifiable blockchain.\n\nSo Bitcoin for a verifiable blockchain: the hardest asset on top of which ecash can be minted when perfect privacy is needed.\n",
"sig": "d21600c5d0c1c6a1a6c0cc5a298fbe7ceb2bf68b6b8be27a5b3ee99155d580c48e1a034a3319b0fdf2347280e5dcf62b88f4068d2d8e250792564e9157e38d51"
}