Nostr Web Client

I agree with you. I think privacy wasn't Satoshi's highest priority when designing the protocol, he had enough challenges at that time and trade-offs to make. Now ist the time to improve privacy and there are several efforts to deal with it. Lightning, Ecash, ZK proofs, silent payments, payjoins and some others are examples. It is a matter of time, I think in the long term we won't need something like Monero.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 11mo ago

from a cryptography perspective, UTXOs are private, because they are not account model, which is NOT private

monero uses UTXOs as well, but they are obfuscated and the obfuscation weakens their security, IMO - against inflation

anyone who doesn't realise that inflation was a non-negotiable aspect of bitcoin's design due to Satoshi's adherence to the Misesian principles of monetary economics is not just a fake cypherpunk they are illiterate and have not actually read any significant documentation about how bitcoin came to be designed the way it is

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rodant 11mo ago

Exactly!

059aaeae... 11mo ago

Unbelievably ignorant. Although potentially anonymous a UTXO model is NOT private if it does nothing to hide the content of the data.

The only obfuscation Monero uses is for it's spender privacy (soon to be changed to FCMP). Amounts and addresses are completely hidden.

Last part is a goalpost shift from privacy.