It doesn’t make sense. What is a pederson commitment? How can you know there is no inflation if no one can verify the inputs and outputs? One of your posts said the miners do it. Ok so the miners can also figure out what is being sent? So if feds start mining monero then they can figure out everything you’re doing. And monero mining security is extremely weak so it’s not impossible.
Discussion
"It doesn’t make sense."
You're appealing to the ignorance!
All your doubts about Monero are already well explained on the official site:
Pedersen Commitment
https://www.getmonero.org/resources/moneropedia/pedersen-commitment.html
Don't check, trust! 🤣🤣
If you had patience to understand how btc works so you can also for xmr
I read this whole thing and it fails to explain how a pederson commitment actually ensures no inflation happens. Sure maybe it does encrypt it but how do you know it’s not creating more monero? It’s encrypted so you can’t see it! Early on bitcoin actually had a bug that drastically inflated the supply but because the ledger was open and transparent, the dev team saw it and fixed it quickly. What if monero is leaking 0.1% monero with every other block mined? There is no way to verify that the supply is not increasing. You’re putting a lot of trust in code that may break without anyway of knowing when it’s broken.