Why Nostr? What is Njump?
2024-06-23 17:47:36
in reply to

MAHDOOD on Nostr: That would be intellectually inconsistent except I never complained about zk proofs. ...

That would be intellectually inconsistent except I never complained about zk proofs. I don’t even know what that is lmao all I’ve said so far is that I’ve seen my tx inputs and outputs balance out. I have firsthand experience of supply soundness in Bitcoin with my transactions. Anyone could also just do a simple sum of all the addresses in bitcoin at any time. I can’t do that with monero. There is no need to check every single transaction when you can just sum the total supply at any given moment.

So is not technically wrong when he says that monero zero proofs or whatever requires you to trust that it works. And you can argue that other cryptographic properties in bitcoin require trust too. And that’s correct but that trust is not built on my understanding of complex software. It’s built on time and actual firsthand experience. I understand how they work and trust it because it has earned my trust. No amount of firsthand experience can change the supply soundness flaw in monero. And average sheeple are not going to magically start giving a shit about their privacy anytime soon. So I’ll take the supply soundness and practice privacy using tools like pay join and ecash.
Author Public Key
npub1ghcetnluhryhynhuyj8s2pazldjm27wl40nu6dfeskvpv09twcnsneygat