Why Nostr? What is Njump?
2024-06-21 18:51:07

Rsync252 on Nostr: 👀🤯 nostr:note12ujzpmf4wdsmxssjxaz5ryswl88wq4q544sltg8cp5m3u96056dq4j85g9

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Building ZK (zero knowledge cryptography) into the Bitcoin Core code itself would mean we go from millions of potential app devs being able to understand, audit, and verify the code to only a tiny handful of cryptographers on the entire planet can truly understand and verify the code and count/supply of Bitcoin. A tiny group of people are easy to control. You cannot control every one of the millions of app devs worldwide who can read C++ or Python.
The roughly same mental model applies to most base chain advanced cryptography privacy proposals, eg you lose broad understanding and verification. You risk another Bitcoin Dark type situation (not a perfect comparison but general fuckery with the supply in a covert way by insiders).
Maybe this is a more realistic possibility way in the future. And ZK stuff can be great when built on top of Bitcoin, but putting it into the base chain due to a panic over privacy is short term thinking and wildly misguided.
Author Public Key
npub1c8l997847szpt6prwug6usmfl48v7afun9d4zt6f5xexhrdps45sctmg0w