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@rafael_xmr
16,142 sats stacked
152 sats \ 1 reply \ @rafael_xmr 1 Apr \ on: It's Back to BTC for Darknet Markets After Monero's Binance Delisting bitcoin
Dread's reaction to the article:
well of course there is no mention of LN, if you open dread today there's zero discussion about LN on the darknet
10 sats \ 0 replies \ @rafael_xmr 27 Mar \ parent \ on: Boltz exchange blocked bitcoin address bitcoin
A coinjoin transaction combines inputs from multiple Bitcoin users
Great post first time I see all quotes laid out like this. There's prob more out there we can save this and keep adding up
sure, Monero has been gaining value versus BTC ever since november but that doesn't mean bitcoin is a shitcoin and the thesis is go all in Monero and get governments and institutions to buy Monero, and bitcoiners will HFSP. see the difference? You can talk about price but not go crazy on it
they are maximalists, which means investing only in Bitcoin forever in hopes that it goes up in value forever. People that use Monero on the other hand don't care about its price, even though the price isn't bad, but using untraceable money and making the state weaker is more important
run the biggest coordinator become a central point of failure become a deanonymization vector take zero fees gets paid somehow (still didn't answer) tells everyone to use HIS coinjoin and goes away when someone says the word "joinmarket" or "p2p"
All the kruw red flags
Well you were not scared when Monero took over the dark web, let's see when it starts absorbing the clearnet and local markets as well...
You all think too small
Monero is literally undergoing the biggest upgrade in all of the history of cryptocurrency. Do you still not grasp what FCMPs++ are capable of? It's literally a game changer for all of the space and for the future of humanity, I'll give a TLDR:
- Decoys stop existing. Monero is no longer "like a coinjoin"
- "ZCash style privacy" is also a term that stops existing. Often people in the crypto space says something has "zcash style privacy" to say "perfect privacy", Monero will have superior assurances and make zcash and its technology, and all other "privacy coins" irrelevant
- By killing decoys, Monero's weakest link gets eliminated, it kills all possible chainanalysis
- CARROT addresses to support a wide range of use cases like PoS validating, administration tiers
- Forward secrecy, for some quantum resistance
- TX Chaining, enables payment channel network designs (like Lightning)
This is not "just better privacy", it adds better usability, layers on top of it for payment processing, etc.
This the exact reason why Monero is the only thing bitcoiners fear... because it thinks too big, and it actually delivers, without a pre-mine or a foundation behind like other cryptos, it's purely a community effort to perfect the protocol design
Even @supertestnet has said that when this is live, bitcoin and LN will not be able to compete... Monero will have zero weaknesses and the only steps needed forward will be achieving full quantum resistance
No I use bitcoin for generating yield, you can use both to provide liquidity to markets like robosats and haveno.
Privacy is a cornerstone for all the others, you can't resist censorship without privacy, devs need to have privacy so they aren't taken down by feds, privacy enables greater network effect and acceptance, etc.
I recommend reading the cypherpunk manifesto and what the first paragraph says
I think it depends on the tradeoff, for example Monero and its users are very uninterested in being programmable or having a scripting language, but that also affects its ability to have L2s on top of it, so this new upgrade enables a hacky way of achieving payment channels via a thing called "tx chaining", which is still not scripting
Monero folks in my experience seem to consider every tradeoff and simply focus on always improving the protocol, hence why they created FCMPs, which will also bring the LN to XMR. Privacy above all else.
You must join the dark side, there is only one dark market and, in the future, every market will be a dark market
21 sats \ 0 replies \ @rafael_xmr 15 Feb \ parent \ on: I'm Jameson Lopp, co-founder of Casa, AMA! AMA
Not sure if he'll answer but I'd say probably it can, a version of it was implemented in BCH in the ABLA upgrade