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Monero is what everyone thinks BTC is

• sprash 6y ago
  Schnorr signatures make bitcoin coinjoin transactions as efficient as Monero. Monero on the other hand might have problems with scaling because off-chain infrastructure like Lightning does not exist yet.
  • lawn 6y ago
    Just no. Monero has privacy for all transactions while hiding sender, receiver and transaction amount. Bitcoin with schnorr won't get close to that level of privacy. And Lightning Network doesn't scale well because decentralized route finding in an adverserial environment doesn't exist. (So LN will become centralized.)
    • sprash 6y ago
      So how does Monero solve the scaling problem? >So LN will become centralized. Route finding in adverserial environments lead to a more hierarchical as opposed to a mesh-like network structure, true. But it is still decentralized because if all else fails you can create your own route.
      • imtringued 6y ago
        I don't know why people pretend that LN is decentralized. Just own the fact that it's federated. Lightning was always about adding a little trust in exchange for efficiency.