orange on Nostr: What is people’s obsession with Monero again. Stealth addresses and ring signatures ...
What is people’s obsession with Monero again.
Stealth addresses and ring signatures are heavy, they don’t scale on a layer 1 blockchain. It works OK today just because few people use it.
Ecash + lightning is a much better and flexible technology and will replace all Monero use cases.
Perfect privacy or a blockchain, choose one. You can’t optimise for both.
Published at
2024-09-03 10:57:28Event JSON
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"pubkey": "d4e15eb791b83dd2d17eaf2f8b3e3606eb78062475a9e0281d63ba7ee657ad01",
"created_at": 1725361048,
"kind": 1,
"tags": [],
"content": "What is people’s obsession with Monero again.\n\nStealth addresses and ring signatures are heavy, they don’t scale on a layer 1 blockchain. It works OK today just because few people use it.\n\nEcash + lightning is a much better and flexible technology and will replace all Monero use cases.\n\nPerfect privacy or a blockchain, choose one. You can’t optimise for both.",
"sig": "e669110595c36eafa2a5e08d7f31faa926b47f378e6b76715e1bc439e845956c0819082078c5c22832a1af864b9b404932044f9505a5a149b65b5f8b9b95e57a"
}
