seems perfect reasonable to me.
Discussion
although I'll point out that LN and ecash are NOT used by people who require strong privacy assurances.
not becasue they dont theoretically provide them
but because they're still experimental and it often isn't known what privacy guarantees you are getting.
to put it another way,
LN and ecash give normies a way to opt out of default dragnet surveillance.
but they aren't (yet) a proven replacement for private value transfer in a highly adversarial environment.
That is entirely fair from my understanding. But has Monero met that standard? If it has, I would absolutely want to have the Bitcoin layers tested in the same way.
Monero has certainly met that standard.
part of the discussion also about the environment the technology is being used in. Bitcoin was plenty private until CA started mapping the entire utxo set and KYC became the default.
Right now LN is probably plenty private, what happens if the top 50 nodes are required to log and report to the feds? would we even know if that happened?
Moneros approach is too continue interating (read "forking") to adapt to the changing environment.
so that "standard" isnt static. technology exists in context and needs to adapt to that context.
there are known weaknesses of Monero that need addressing and the project will improve to remain the standard for censorship resistant private transactions.
Interesting. Gives me some more to learn about and consider. I appreciate it.
Sincere question. What made you stop running monero?
It was cumbersome. Adoption seemed weak. The products around it seemed weak. The ecosystem seemed weak. I didn't like some of the fundamentals either.
That was years ago though.
how did you find the software you were running?
Any "challenges" ?
I ran whatever was promoted on the website. It felt clunky and unreasonable at the time.
Its no different today!
Wallets won't sync or get stuck.
Yesyetetday I ran the official wallet on 5 different laptops and desktops, all of them stalled, fresh install.
Always buggy with hardware wallets too to the point of not wanting to use it at all.
This is the meet of the issue. It has so many issues that it's a waste of time.
You're not missing anything 🙏😂
Carry on with Bitcoin brother!
Wallets update on first attempt, with or without a node! 😂🙏
Its laughable.
I think some of them have public node options, which would probably help. Requiring my wallet to be a node with the full or I believe even pruned (1/3) was clunky as hell. You may be able to run a node and connect to it similar to LN. I just got fed up with it at the time and it didnt seem worth my full investment given how little it was adopted. I'm all for them improving it, but the ecosystem still seems as small as it was. Meanwhile, the Bitcoin ecosystem has so much shit within it that I can't even know it all.
But in fairness, I do run a Lightning node/wallet combo on my phone these days. Clunky, but not that clunky.
Yup that was happening with full node and remote node options. Issue wasn't with syncing blockchain but retjet with syncing wallet blocks.
Monero is garbage software.
I'm not quite so harsh toward it. It just doesn't have the adoption and therefore resources behind it. I just never see that changing. At least not anywhere close the the level of Bitcoin and compatible software. I do want Bitcoin compatible options that deliver on the promises of Monero though. Their ideals are sound.