What has happened to Zcash should serve as a constructive lesson for the Bitcoin and Monero communities in many ways.
What both communities need is more humility.
The Monero community should be aware of the dangers of hidden inflation and that Monero is not as private as they think (MAP Decoder attack).
The Bitcoin community should be aware that Bitcoin is not private, and neither is Lightning.
Both communities should also be aware of the dangers of AI and that we have a common enemy: the state.
Replies (12)
Is this flaw a new one or the one patched about a month ago?
fuck 👏 the 👏 state 👏
New
That's while you will hardly find a Monero bro without a Bitcoin position, while the reverse is quite seldom for Bitcoiners thanks to maximalism ideology.
Yeah also good money to be made providing XMR liquidity to Euros above spot via Bisq/Haveno/eigenwallet since their governments have banned Monero. So like many Monero bros, I’m always trying to just get more XMR or BTC at any given moment.
I’m thinking at this point I might try to offer a MICA-compliant swap service. I don’t see why it isn’t possible under the regulations, which only inhibit exchange operators. With atomic swaps I am not running an exchange! There might be nonzero people that want to sell crypto to buy a house or whatever, and want to be able to answer SoF questions for banks.
where tf are all these supposed Monero Bros who are celebrating ZCash's problem? The only thing noteworthy is that apparently zooko can stop validation of the orchard pool...?
but it scares the shit out of me that we have a major upgrade coming in this era of AI assisted exploits.
where are all of these people who supposedly need to stay humble?
and why does this guy feel like he's the one to tell everybody?
Prove you contention that Monero is not as private as thought.
Hes talking about statistical attacks on ring signatures that specifically reduce spender anonymity. It's real. That's why Monero community has diligently been working on FCMP++ to finally put this long known weakness to rest.
The state lives me
Nah, zionism cash was designed to be dogwater by israelis. Entirely different from bitcoin and monero, which have been designed by non-israelis to be robust.
