Ecash is custodial defeating the entire point of Bitcoin (removing trusted third parties). Coinjoins only obfuscate so is weaker against chain analysis. They don't hide amounts and addresses like Monero does.
Discussion
eCash is custodial you're right, but it offers blind signatures. It's a privacy option and not mandatory - because its a side chain.
How is something that obfuscates decided as being weaker? It mixes addresses.
XMR is also custodial at the base layer. Botcoin is not. So even if your privacy is breached - at least you can have a boating accident.
Dude... Huh?
How is XMR custodial at the base layer?
🤣🤣 excuse him, he doesnt know anything
you're right I don't. 😅 I don't actually know much about XMR. I recognise that Bitcoin offers the longest and truest timechain. Why would I join another that is just a replica with less proofs?
Also, if it fixes the privacy issue, what is it giving up in return for that? because it can't be decentralised, secure and scalable at the base layer
Monero is not perfect. That is real. So is bitcoin. When it comes to privacy and usability, monero is worlds better than bitcoin. Its private and easy to use by design. Bitcoin is not, because you have to be expert in Channel Management, run own node, do very Expansive onchain transctions, be expert in how to preverse high level of privacy, which 99.99% of people will never learn.
But, monero has a problem in my opinion in how to proof that it is not getting inflated with a hidden inflation bug. This is for me the only Problem of monero, which is a very big issue.
Please, learn some more about monero and do not spread false Information, I dont know if it was on purpose, I hope not, because in the end, the goal of both coins and coiners is a free and private world, with no state surveillance . Have a great day 👋
ah, so reading between the lines of what you said, it's not decentralised. Because if it's liable to an inflationary 'bug' then that means a single point (centralised) can determine the supply issuance, right? That doesn't seem to be private at all.
What am I missing? Genuinely interested, I'm not trolling because I think it really matters.
No, you completely misunterstood it. It is mathematically possible, but not expected because of its strong technology. But due to its absolute private transaction data, you cant audit the supply that easy as bitcoin.
Tell me abit more about (or point me to an article) why/how it's so private. It's interesting
Just saying blind signatures like a buzzword says nothing by itself. Did you know that the ecash mint knows token values? They're in denominated buckets (1,2,4,8,16,32, etc) meaning your anonset is not only fractured between mints, but also within the mint itself. And the larger the token value the smaller your anonymity set because less users will have those denominations. Monero doesn't have that problem because amounts are actually hidden and it has a global pool of users.
Obfuscation =/= hidden. Amount analysis and address clustering can still be performed on coinjoins (on top of honest users paying the price for mistaken identity i.e. Roman Sterlingov)
Amounts and addresses are not visible on Moneros blockchain, period.
XMR is not custodial at the base layer. Not your key not your coins still applies. You need to at least learn how something works before lobbing your criticisms. Boating accidents are a joke on a transparent blockchain.