Replying to Avatar BitcoinAscent⚡️ Separation Of Money And State⚡️

MONERO PRIVACY BUG

#Monero users should switch to Liquid #Bitcoin (L-BTC) for Confidential Transactions with 1 minute confirmations and 2 minutes final settlement and cheap transaction fees.

@adam3us @Blockstream @Liquid_BTC

https://crypto.news/monero-privacy-bug-decreased-anonymity-for-3-years/

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Saberhagen The Nameless 2y ago

"Quick! Switch to a permissioned network that only hides amounts, and was barely open sourced last week! It's ok that the transaction graph is completely visible!"

Read the article because you have no idea how Monero works based on your reaction. The bug only increased probability picking our the true spend (sender privacy only). Monero at its worst is still better than Liquid at it's best any day. Liquid also has virtually no anon set.

Monero with bug:

Maybe Alice sent $[?] to [?]

Liquid without any bugs:

Alice sent $[?] to Bob

Also, you might want to read this: https://twitter.com/Truthcoin/status/1689337656319016960

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Discussion

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Disturbia 2y ago

liquid sounds pretty much like polygon matic

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Saberhagen The Nameless 2y ago

glowchain glows

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Saberhagen The Nameless 2y ago

They just barely open sourced after being around for years. Embarrassing for "Bitcoin" project. Paul's tweet probably played some part in this 😂

https://blog.liquid.net/expanding-transparency-the-liquid-networks-functionary-code-is-now-open-source/

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Disturbia 2y ago

the architecture sound almost the same like polygon. mpc chain with fixed signer and chain funds can be moved if n-of-x signer signs.

all you need is to fly all of them in one plane, send to an island, get the keys , kill them off and you now own the whole l2