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Replying to

hodlbod

To contextualize the adoption of cryptography:

- Public key crypto was invented in 1976

- Bitcoin was invented in 2009, 33 years later

- In 2025 (49 years later), cryptography is still a niche topic

- The printing press was invented around 1440

- By 1470 (30 years later), a handful of presses had been established in major cities

- In 1500 (60 years later), there were only 417 presses

- By the 1550s (110 years later), printing presses were in use globally

Transformational technologies go through a period of obscurity, then centralized control, then eventually become universally accessible. My hope is that we are just coming out of the centralized control phase of cryptography and the internet.

Hanshan 7mo ago

so maybe in ten years or so

people wont think that guaranteeing supply with Zero Knowledge Proofs is some crazy trust assumption...

default transparency is a necessary baby step, not the final word on digital cash.

#bitcoin

#monero

nostr:nevent1qqs0dddkrq0ujqm3hjuya8ym6z9mfy4g9eff7fll52vr9cgt27srqrspr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsf03c2gsmx5ef4c9zmxvlew04gdh7u94afnknp33qvv3c94kvwxgsrqsqqqqqpd4v7ls

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Discussion

rafael_xmr 7mo ago

- Public key crypto was invented in 1976

- Bitcoin was invented in 2009, 33 years later

- Monero was invented in 2014, 5 years later

- Hidden amounts (RingCT) was introduced in 2017, 3 years later

- Full chain membership proofs will be introduced in 2025? 2026? -> 9 years later

The perfect timeline: From 1976 to 2026. 50 years apart from public key cryptography to perfect privacy anonymous black market money

kpr797 7mo ago

Would help if there were some good videos that dive into how zero knowledge proofs work, especially in the context of securing the Monero network. It's all just too alien to most people. I tried digging into how zero knowledge proofs work a few times, and nobody seems to be able to explain it simply, beyond "Where's Waldo" analogies.

Hanshan 7mo ago

yeah its true 😕

somebody needs to make some nice educational materials