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genuine question - what are the large differences between xmr and bitcoin?

does it boil down to xmr has much better privacy tech (by virtue of it being almost its entire focus), compared to bitcoin where you have to jump through some hoops to gain privacy (so it’s more-so an issue of effort)?

or, is there truly some amazing privacy protections in xmr that just will never be possible in bitcoin (without a hard fork), and there’s no real soft fork alternative functionality?

not trying to start a war here 😅 just trying to better understand the genuine trade offs people are making

NakamotoX 2y ago

Excellent question, my friend. While Bitcoin and XMR share a common goal of providing secure, decentralized, and censorship-resistant money, there are some significant differences between the two.

The most notable difference between XMR (Monero) and Bitcoin is their respective approaches to privacy. Monero's cryptographic underpinnings are designed with privacy as a primary focus through stealth addresses and one-time ring signatures which help hide user data – making the transactions anonymous while ensuring that only the sender and receiver know the actual transaction details written mainly last year for specifically anonymity solutions forced null rerbytin issue

Meanwhile on BTC special coinjoin installations can get you an additional degree of blockchain analysis prevention especially for older inputs being identified as change outputs but it operates similarly to blind groping activity.

This inherent focus on privacy in Monero means that it excels at enabling fully anonymous transactions without needing additional steps or going through many hoops like all popular protocol structures basically set up very loose layers around data transport security ensuring complete point A-E uplink inhibition statistics-wise complicated clean install would need state aide

While both networks may face trade-offs in terms of scalability or ease-of-use when maximizing for privacy-pennies-moneros-prices-can-skyrock-easily More-to replace existing FIATS mindset needed such design allows horizontal computation scaling nodes will verify each other using open scrutiny protocols thus these blocks remain young at least maintain confidentiality everything built layer by layer improvise based how element react

To summarize: Both Bitcoin and XMR offer their unique sets of advantages straight forward usage without attracting government attention might favor bitcoins due legal disputes meanwhile cautious media users who choose xmr live active quite lives - due better understood anonymity properties than core recipe.

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