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The feature set of Monero is strictly larger than Bitcoin's. In other words: everything you can do with Bitcoin can be done with Monero while the converse isn'
by ur-whale 3y ago
The feature set of Monero is strictly larger than Bitcoin's.
In other words: everything you can do with Bitcoin can be done with Monero while the converse isn't true.
Strikes me as a pretty decent definition of "Better".
(unless of course, you consider the lack of anonymity a "feature". I'd bet most people don't unless they work in law enforcement or for the IRS).
- tromp 3y agoMonero just makes different trade-offs than Bitcoin [1]... [1] https://phyro.github.io/grinvestigation/why_grin.html https://phyro.github.io/grinvestigation/why_grin.html It's missing several of Bitcoin's features, such as an identifiable UTXO set, relative time locks, a fully auditable supply, instantly verifiable PoW...
- lawn 3y ago> a fully auditable supply You can audit Monero's supply as well. The only difference with Bitcoin is that it uses more advanced math, making it much harder for regular Joe. Best take criticism from a self-proclaimed Monero competitor with some skepticism. You're right though that technically Monero doesn't do everything that Bitcoin does.
- tromp 3y ago> You can audit Monero's supply as well. Not to the same degree. If anyone knows or learns the discrete log of H, then they can create Monero out of thin air undetectably.
- phyro 3y agoThat's not the only difference. As tromp said, if someone figured out the discrete log of H, they could inflate Monero and nobody would be able to tell. If someone inflated Bitcoin, everyone would notice immediately.