Not trying to be contentious, but Bitcoin can't be private it's a public blockchain viewable by the world. Only psuedonymous (user unknown, actions known) if bought and transacting p2p/NoKYC.
You can coinjoin to make your actions probabilistic, but that is obfuscation, not privacy (all information is known, data is "muddied", but not hidden). Similar to leaking metadata. Can be saved and potentially used with future data to deanonymize the user or deobfuscate the data.
Yeh that’s what I thought. But you could have a Monero style trustless sidechain if btc would implement bip 300.
Yes agree, it is possible, and if bip 300 goes thru I'm sure will happen. But it will have it's own unique trade offs that won't be the same as Monero's (both good and bad).
I am seeing lot of chat on twitter between btc core devs debating it. I think it’s in the realm of possibility that it gets pushed forward.
its one thing if the devs do it or not, a whole other thing if node operators follow or not. There could be a temporary chain split, and the stronger one will win out and be called Bitcoin.
Im sorry I used the wrong word. Private was the wrong word. Anonymous is what I should have wrote. Bitcoin is anonymous by default. It is us who de-anonymyze ourselves through our careless usage of the internet.
