Hanshan on Nostr: The fact that Monero is looking at a major upgrade this year in the era of AI ...

The fact that Monero is looking at a major upgrade this year in the era of AI assisted exploits, is extremely scary.

also, Monero intentionally did NOT pursue the kind of advanced cryptography Zcash uses and instead elected to use ring signatures, an underwhelming, rather hacky technology.
but it was decided that it was safer and now we have the benefit of many years of research and zcashs efforts in implementing FCMP.

it's still retarded to insist that that it's okay to trust cryptography for everything EXCEPT supply verification. why would you trust cryptography for one thing but make it taboo for another think?
it's only because the technology is young and it's hard enough to understand.

The attack service is finite.
all vulnerabilities that might be hidden will be revealed and will be fixed eventually.

The future is private.
#bitcoin #monero

quoting
nevent1q…5ah4

a public, immutable ledger is the only way to achieve decentralized accountability without a trusted third party.

Good luck with the audit. Zcash failed especially. There is no reason to believe a third party with your value.