• shortwavesurfer@lemmy.zip
    link
    fedilink
    arrow-up
    24
    arrow-down
    3
    ·
    edit-2
    1 day ago

    Yes, it is built on a blockchain. It’s a blockchain specifically designed to completely hide the sender of a transaction, the recipient of said transaction, and the amount of that transaction. And cannot be even broken with quantum computing.

    Edit: I should stand corrected. Parts of it are already quantum proof. Other parts can still be unraveled with a quantum computer, but there is work already in progress to fix that for future transactions.

      • Trincapinones@lemmy.dbzer0.com
        link
        fedilink
        arrow-up
        22
        arrow-down
        4
        ·
        1 day ago

        Cryptography (math) papers, are, in fact, the source of all truth.

        If you don’t like crypto it’s okay, but don’t spread undocumented fear.

        • Five@slrpnk.netOP
          link
          fedilink
          arrow-up
          3
          arrow-down
          12
          ·
          1 day ago

          Maybe that’s why there so little overlap between respected cryptography researchers and crypto developers?

          If you like tipping sex workers online it’s okay, but don’t spread a documented scam.

              • jet@hackertalks.com
                link
                fedilink
                English
                arrow-up
                8
                ·
                1 day ago

                Now your talking out of both sides of a issue, it’s problem is that it isn’t traceable but also that it’s too traceable?

                • Five@slrpnk.netOP
                  link
                  fedilink
                  arrow-up
                  2
                  arrow-down
                  7
                  ·
                  edit-2
                  1 day ago

                  Yes. It is untraceable to the people who are harmed by it, yet traceable to the powerful actors from whom it claims to protect. Your claims that Monero is fit for opposing state-level actors originate from salespeople, not scientists.

                  You’re replying to my comment that Monero is a scam. Your assertion that I prove it is untraceable is a non sequitur.

                  • jet@hackertalks.com
                    link
                    fedilink
                    English
                    arrow-up
                    10
                    ·
                    1 day ago

                    You haven’t demonstrated that it’s a scam. A scam is something that doesn’t do what it says it does. You haven’t proven that. You’ve made assertions, you’ve made claims, you’ve been very emphatic, but you have not provided a demonstrated evidence