Replying to Avatar Sean

you're right I don't. 😅 I don't actually know much about XMR. I recognise that Bitcoin offers the longest and truest timechain. Why would I join another that is just a replica with less proofs?

Also, if it fixes the privacy issue, what is it giving up in return for that? because it can't be decentralised, secure and scalable at the base layer
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bibi99 1y ago

Monero is not perfect. That is real. So is bitcoin. When it comes to privacy and usability, monero is worlds better than bitcoin. Its private and easy to use by design. Bitcoin is not, because you have to be expert in Channel Management, run own node, do very Expansive onchain transctions, be expert in how to preverse high level of privacy, which 99.99% of people will never learn.

But, monero has a problem in my opinion in how to proof that it is not getting inflated with a hidden inflation bug. This is for me the only Problem of monero, which is a very big issue.

Please, learn some more about monero and do not spread false Information, I dont know if it was on purpose, I hope not, because in the end, the goal of both coins and coiners is a free and private world, with no state surveillance . Have a great day 👋

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Sean 1y ago

ah, so reading between the lines of what you said, it's not decentralised. Because if it's liable to an inflationary 'bug' then that means a single point (centralised) can determine the supply issuance, right? That doesn't seem to be private at all.

What am I missing? Genuinely interested, I'm not trolling because I think it really matters.

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bibi99 1y ago

No, you completely misunterstood it. It is mathematically possible, but not expected because of its strong technology. But due to its absolute private transaction data, you cant audit the supply that easy as bitcoin.

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Sean 1y ago

Tell me abit more about (or point me to an article) why/how it's so private. It's interesting