XMR vs. BTC

[Peter Fairbrother]

On 08/11/2022 22:05, hideakisasaki at dnmx.org wrote:
> 
> With Bitcoin being created as a byproduct of this mailing list


Bitcoin was, very loosely speaking, a byproduct of the cryptography list.

It was in no way a byproduct the cypherpunks list.

It was/is also a piece of scam which doesn't scale enough to be a 
currency, which wastes carbon-emitting resources, and which doesn't 
provide reliable anonymity.

Beautiful structure and coding though. And starting off by providing 
such a good a reference implementation ...



Punk once claimed Bitcoin was created by the man. I don't take much 
notice of Punk's claims (though if we aren't looking for such attacks - 
"paranoid" - we shouldn't be in this game), but who else but the man was 
that good at writing code?


> Does XMR solve the problems of Bitcoin?

No. Even with Seraphis it still isn't reliably anonymous. It wastes 
carbon-dioxide producing resources. And it doesn't scale.

It may be a step or two in the right direction, but I don't know enough 
about it (and what it may develop into) to say for sure. It has a 
loooooonng way to go though before it gets really good though.



Peter Fairbrother