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0 sats \ 3 replies \ @RedRadish688 OP 18 Jun \ parent \ on: What are your thoughts on Bitcoin losing the Darknet bitcoin
But Pedersen Commitments and Range Proofs are pretty well established at this point. They're based on cryptography from the 80s so I'm not very worried.
I haven't heard of that before, have to look more into it. Thanks for sharing
There are other critical areas where Bitcoin uses cryptography for security, yet these concerns never seem to come up there. Which seems a bit convenient to me.
Can you give some examples?
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0 sats \ 2 replies \ @yo2xncv0 19 Jun
public-private key pairs and mining
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0 sats \ 1 reply \ @RedRadish688 OP 19 Jun
public-private key pairs and mining
These are in no way comparable in the levels of complexity to the stuff monero does. Public-private key cryptography is one of the simplest things you can do in cryptography. It is what the whole internet is build on.
Also there is the point of how many years can pass until an inflation bug would get noticed.
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0 sats \ 0 replies \ @yo2xncv0 20 Jun
Not really. They all rely on cryptographic assumptions and all have been around for about the same amount of time.
I already agreed there is more risk of not noticing because of Moneros privacy
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