Replying to Avatar Peter Todd

The difference between inflation exploits on privacy coins like Monero and Zcash, and inflation exploits on Bitcoin, is on Bitcoin because amounts are transparent it's practically guaranteed that the inflation will be discovered very quickly.

With Monero and Zcash, if an inflation exploit is being used, your only sign might be the price falling. And that's certainly not a reliable indicator.

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Hazey 1y ago

I heard monero has a cryptographic way of determining total supply so that argument may not be valid

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Ƒʉͫcͧкͭιͪηͣ 𝕵𝖔𝖍𝖓 ⚡️⚡️ 1y ago

Yes there are ways to audit monero supply looking for a price fall is not one of them lol.

Anyway exploits should be detected before they are used not the other way around like the ones that happened on Bitcoin on 2018 or the ones that happened on Monero before.

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Hanshan 1y ago

This is cool. Where did you get this information about summing up with bulletproofs? Thanks.

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Hanshan 1y ago

In order for a transaction to be accepted by consensus rules, it has to prove that the sum of its inputs and outputs are zero.

There is not a way to cryptographically sum up the entire chain.