Replying to Avatar Secretary Janet Yellen

Again, every single monero node is collecting all the network information and will keep it as long as the network is running.

There's NOT such a thing on #Bitcoin #LN. There MIGHT be someone collecting and keeping information for long time, but NOT EVERYONE.

Please confirm you do understand this point.💜
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Saberhagen The Nameless 2y ago

Yes, confirmed, everything is being recorded on the Monero Blockchain so is potentially vulnerable to future threats.

Lightning has no blockchain, you must actively gather data. Ephemerality is great. And as long as no one is actively collecting that data (big caveat!) it will be safe from future threats. But it has weaker privacy garuntees and is more vulnerable *right now* than Monero.

(Who knows when Moneros past data will be broken? I could easily be dead by the time that happens. Monero is also not static, it continually improves privacy i.e. Seraphis full membership proofs)

Agree? Anything to change, add, remove?

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Secretary Janet Yellen 2y ago

Agree with almost everything.

#Bitcoin #LN is much younger than monero but it's improving much faster than any other blockchain can (no matter if we're talking about soft or hard forks). People think there's only one but I see it as Linux Distros. The smaller ones will become much more privacy focused than the one developed for masses.

I too hope that quantum computers are as far as our lifetime because it will be a massive event, the world isn't prepared for at all. Not just shirtcoins, pretending this threat doesn't exist.

As for the data collection on LN, I believe this is already happening but nobody is capable to collect all the data.