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> Ultimately, the dichotomy feels like a problem unique to public blockchains, and will only be solved with a ZK L1 chain, whatever that looks like. The solutio
by easrng 4y ago
> Ultimately, the dichotomy feels like a problem unique to public blockchains, and will only be solved with a ZK L1 chain, whatever that looks like. The solution would require the blockchain equivalent of end-to-end encryption, one where intermediaries have zero knowledge but doesn't require co-mingling of dirty and clean money.
Like monero?
- paddlepop 4y agoFor project maintainers, yes absolutely Monero. But then either only ever use Monero for everything (like pre-2013 bitcoin), or exchanges will need the will to "proof" the source of funds aren't illicit.
- riedel 4y agoHow does Montero solve the problem of co-mingling dirty and clean money. As far as I understand there is still considerable illicit transactions within a block thus supporting indirectly bad actors (in e2ee I do not see that problem that clear) Is there any cryptocurrency Blockchain (or research) that can limit the amount of currency held by each natural person (e.g. to an equivalent of roughly 10000 USD purchasing power) while providing anonymity for individual transactions to the outside? I would actually be willing to adopt such a trade-off roughly equivalent to cash (even paying transaction fees). At the moment I would not use crypto currencies because I do not feel that I share the values of the block chains.