XMR vs. BTC
peter at tsto.co.uk
Tue Nov 8 19:35:29 PST 2022
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.
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