/biz/ - Business & Finance

>>58086671
Let Gary help you heal the crypto ecosystem by purifying it of its scams.
Sssh. Just let it happen.

>>57848275

>>57250846
Correct

He should APOLOGIZE

But hes been literally wrong many times b4 this os just everyday now

>>57219683

>>53822550
How would it affect Monero? Ed25519 is used for EdDSA which is used by everything. If curve25519 breaks, the entire world is fucked.

>>53821701
The DNM is in a bad rut this month, if you've been reading the tor times. Dread down, AB down. But in the end the hydra always grows another head.

>>53824523
I don't think you have to go and create your own wallet for that. You could just set up a web service that does the exchange, that might be a lot easier.

>>53826178
Fungibility remains a problem for LN just as BTC L1. If you run a lemonade stand or something, and someone gives you LN funds created from tainted outputs, you're now liable for money laundering (monero.how/why-monero-vs-bitcoin). So it is just as dangerous to use LN for payments as it is L1.

>>53826367
There are actually some plans in place for payment channels on monero, just not with routing like on bitcoin's LN.

>>53826863
There are a couple problems with LN that come to mind. The security of the funds are still completely dependent on the security of BTC's L1.

>>53835764
This is true, but timelocked refunds (and contracts in general) contradict monero's privacy goals, because you can create a heuristic to de-anonymize users (like custom ringsizes, etc). In any case, you can just use 2-of-2 multisig. There was a talk about payment channels in monero lisbon https://www.youtube.com/watch?v=9XVMUVvwxUE and there are a few papers on it. I think PayMo was the biggest one, involving scriptless scripts or something.

>>53832061
It's true that e-cash (and GNU taler and other blind signature systems) have preferable privacy over cryptocurrency.
Given that banks benefit from the insecurity and surveillance of the existing system, it's not clear if they will ever implement chaumian e-cash. I think that is the main problem, and the reason why ecash failed. Look at what they are implementing now, Zelle and stuff.
Maybe the future is some sort of mixture of the two.

>>53756689
>>53756885
This does not justify bitcoin's weaknesses. Bitcoin would obviously be a better store of value if it was actually usable as money. Some of the points I address in this thread (e.g. emission schedule opening the door to mining attacks later on, monero having better fungibiliy) make monero a superior store of value compared to bitcoin.

>>53756888
>coming and copy pasting their pre typed big walls of cope
None of this is pre-typed. I just happen to have a massive brain and I am a very fast typer. Not to mention that I have the ability to consider and remember basic arguments.
>monero = infinite supply coin and bitcoin will work just fine, now and in 1000 years and more
How about in 15 years when bitcoin will require a hard fork due to the 32 bit ntime bug? https://github.com/bitcoin/bitcoin/issues/21356
Apparently bitcoiners don't see this as being a big deal, which is weird if they expect it to function forever without a hard fork.

>>53757096
What do you think happens when the cost of storage and bandwidth decreases 10x over the course of a decade, and every cryptocurrency except bitcoin can take advantage of that?

>>53756959
He's right you know

>>52719602
Literally me

>>52689930
The bottom is in bobo. Cope, seethe, dilate etc

Yeah I’m thinking we’re back

>>52654781

>>52623193

>>13776793