0 sats \ 12 replies \ @Satosora 21 Aug \ parent \ on: New Solana-Based Polymarket Rival from Drift Draws Over $3 Million in Liquidity Stacker_Sports
Who will know?
TBH the US government has the capability to break almost all VPNs and backtrace.... Same with the "private" cryptos like Monero and zcash... they can track all that stuff lol
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Lmao your explanation is also an argument for Moneros encryption too
Matter of fact Moneros amount privacy is quantum computer proof because pedersen commitments are "perfectly hiding". Same thing for receiver privacy if an adversary can only observe the chain and doesn't have access to the original address.
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But… the government already broke it so it’s obviously not quantum proof and we don’t even know what quantum proof completely looks like anyways we think we do but since the tech isn’t there yet we aren’t quite sure. Yes D Wave is leading the way and Google isn’t far behind but it’s still no where close to where it needs to be.
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"the government already broke it..."
Big claim but nothing to back it. Show us what makes you think that. And, like I said before, if it is true that they have a quantum computer that can break Moneros encryption, then it also means they can break your Bitcoin private keys and steal your Bitcoin.
"it’s obviously not quantum proof and we don’t even know what quantum proof completely looks like..."
You should learn how Pedersen Commitments work and realize that I'm specifically talking about the hiding property being quantum proof for amount value and receiver address(with the caveat from my previous comment). FCMP upgrade will include sender into this:
""Perfectly" binding or hiding means that even with infinite computing power it would be impossible to break the property"
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I quick Brave Search pulls up this quite clear example and even has a former head person involved saying yeah there are information leaks.
Again since we don't understand quantum physics given its interactions with previously thought-to-be-proven physics it is stupid to argue about what quantum proofing is. The tech isn't there yet so why speculate for no reason?
Sorry to burst your bubble but if Finland goes public with cracking Moneros encryption do you really think the US hasn't?
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Did you even read it?
"If you're swapping Bitcoin for Monero frequently, it could leak some information"
Well, duh, Bitcoin is the weak link there for privacy. You get information leaks because of Bitcoins transparency, not because of Monero.
"However, it's unlikely that Monero itself has been compromised"
Dude you didn't even read your own article. You're linking stuff that helps my case not yours 😂
If Finland claims to have broken Bitcoins public private key pairs should we just immediately believe them with no evidence? Or could they be misleading/exaggerating/misspeaking or just flat-out lying as shown above in your own article? Since when do Bitcoiners just take the state at it's word anyway?
Again, you don't understand how Pedersen Commitments work. This is already established cryptography. That link I sent you explains very succinctly why this particular commitment scheme is quantum proof for it's hiding property, even against INFINITE computing power, but I'm assuming you didn't read that either.
...To be fair I couldn't believe it either for a long time until confirming it with more research and asking other cryptographers
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