Replying to Avatar Hanshan

i get it 😀

its just people are *already* trusting cryptography they dont understand on Bitcoin.

the only difference is they've already decided #Bitcoin is trustworthy.

then they hear about #monero and they get really uptight about "why should I trust THESE cryptograhic primitives"

its like nigga did you go into elliptic curves when you learned about Bitcoin?

not you or anyone in specific

just generally

the only difference is just they arbitrarily decided Bitcoin was trustworthy.

mostly because there were enough OTHER PEOPLE telling them it is trustworthy.

which is a reasonable metric, not saying i dont use it too.

but specifically in the supply verification discussion its a weird intellectual idiosyncrasy that is under recognized.

why would someone decide specific cryptographic primitives they dont understand are ok to trust,

but OTHER cryptographic primitives they don't understand are NOT ok to trust?

¯⁠\⁠_⁠(⁠ツ⁠)⁠_⁠/⁠¯
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Hanshan 10mo ago

people do have their reasons of course

like nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s and nostr:npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vt think that the ledger has to be 100% surveilled to be trustworthy.

which is a opinion people can have.

I think its pretty weird tbh.

much more likely that people's perception of cryptographically secure systems will change over time

and in the future it won't be so edgy to trust an obfuscated, but mathematically guaranteed supply.

like only a weird subset of people though it was ok to trust elliptic curve cryptography ten years ago.

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Rand 10mo ago

i still have/seek On t *Y*

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Max 10mo ago

The more compelling argument is the cost of verification, onchain privacy techniques lead to expensive worst case verification of blocks, see the recent zcash spam attack that basically stalled the entire network. I'm not sure, but I'd guess Monero FMP has similar attack vectors.

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Hanshan 10mo ago

undoubtedly verification is more expensive.

its a different conversation and I'm not sure of the specific trade-offs either.

tagged you because you were referring to transparency as a cypherpunk ideal.