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Or it could have just been Monero, which is the most common privacy coin. The fact that they went with some no-name premined shitcoin is mind boggling and screa
by hanniabu 6y ago
Or it could have just been Monero, which is the most common privacy coin. The fact that they went with some no-name premined shitcoin is mind boggling and screams money grab.
- alexnewman 6y agoThis has been addressed on dozens of occasions
- qqii 6y agoThe article directly addresses this with it's list of requirements. Perhaps another privacy coin like Grin would be a better suggestion that at least fits most of their requirements.
- JeremyNT 6y agoA common trick in government is to identify the preferred solution first, and then reverse engineer a set of requirements only met by that one single solution. I presume the real unstated requirement boils down to "Moxie is associated with the cryptocurrency." Not disclosed is whether he or Signal have financial interests in its adoption (they have said they don't "hold" any of these pre-mined coins, but that's all they'll say).
- CryptoPunk 6y agoThey could have even used AZTEC's Ethereum layer 2 solution of scalable and private stablecoin payments: https://zk.money/ https://zk.money/
- hanniabu 6y agoFrom my understanding that's just obfuscation and not a real privacy layer
- CryptoPunk 6y agoWhat's the difference?
- hanniabu 6y agoObfuscation just makes it difficult to track. Real privacy makes it impossible by breaking the links.
- CryptoPunk 6y agoHow does AZTEC's smart contracts not break the links?
- Aaronstotle 6y agoor Aeon, which is Monero's cousin that's meant for something like this