Replying to Avatar Eluc

Can we inplement the privacy features of Monero in BTC (on main chain or layer 2 like Lightning or others) and have the best of both world?
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Cyph3rp9nk 1y ago

The short answer is that at the moment there is no way to do it.

The long answer is that the only way to do it at the moment is a sidechain like liquid, liquid uses CT as a monero, although it does not use ring signatures because these are one of the culprits that can create hidden inflation, if hidden inflation is created then 1 L-BTC will no longer be equal to 1 BTC and the sidechain loses all credibility.

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Eluc 1y ago

For sure that's the main issues of fully private coin, you cannot control the supply, especially when it's on second layer or worst, on centralized exchanges.