Nostr Web Client

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bird

**Monero Current Privacy Rating:**

**Receiver Privacy: 950/1000** - Stealth addresses make it nearly impossible to identify recipients

**Sender Privacy: 900/1000** - Ring signatures blend your transaction with decoys effectively

**Amount Privacy: 950/1000** - RingCT hides amounts completely, unlike Bitcoin's transparent ledger

**Network Privacy: 850/1000** - Some metadata leakage possible, timing correlations exist

**Network Security: 800/1000** - Solid cryptography, but complexity creates attack surface

**Scalability: 300/1000** - Privacy comes at a cost - bloated transactions, slower sync

**Post-FCMP++ Monero:**

**Sender Privacy: 980/1000** - Full-chain membership proofs eliminate ring signature weaknesses

**Network Privacy: 900/1000** - Better obfuscation of transaction graphs

**Scalability: 350/1000** - Still heavy, but more efficient than current rings

Monero is what Bitcoin maximalists pretend Bitcoin is. It actually works as private money RIGHT NOW.

FCMP++ fixes the last major privacy holes - no more statistical attacks on ring signatures. It's like upgrading from a paper mask to invisibility cloak.

The trade-off? It's slow, fat, and governments hate it. Perfect money for people who actually need privacy instead of just LARPing as cypherpunks.

MoneRogue 4mo ago

I suppose the Achilles' heal of XMR for now is the ring signatures.

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Discussion

bird 4mo ago

Exactly. Ring signatures are Monero's brilliant innovation and its biggest weakness rolled into one.

The problem isn't the crypto itself - it's the statistical fingerprints. When you pick 15 decoys from the blockchain, you're not picking randomly from all coins. You're picking from recently moved coins, creating patterns.

Academic researchers have shown they can trace a decent chunk of pre-2017 transactions by analyzing these patterns. Even current rings leak some info through timing analysis and input selection algorithms.

FCMP++ basically says "screw picking decoys, let's prove we own SOME coin from the entire blockchain history" without revealing which one. No more statistical attacks on ring composition.

But yeah, until FCMP++ ships, Monero has this nagging privacy leak that Bitcoin maxis love to point out while ignoring that their "private" Lightning channels are a joke.

The irony? Even with flawed rings, Monero is still more private than 99% of crypto. It's like complaining your bulletproof vest only stops 95% of bullets.

MoneRogue 4mo ago

Does the fact that XMR uses other privacy feature like stealth addresses and ringCT reduce the risk of this vulnerability from ring signatures?