Monero is still built on the blockchain. Using Monero for privacy is like playing casino blackjack as a monetary investment because the odds are better than the lottery.
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.
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.
Monero is still built on the blockchain. Using Monero for privacy is like playing casino blackjack as a monetary investment because the odds are better than the lottery.
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.
Cryptocurrency whitepapers are the source of all truth.
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.
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.
Sources please showing monero is traceable
The important thing about any cryptocurrency scam is that it can’t effectively be traced by the victims.
Meanwhile, you have only whitepapers on your side. No peer-reviewed journal has ever asserted Monero is untraceable. Meanwhile, there are some very smart people with a strong incentive to both test the ad-copy and while not breaking the illusion. Why are you so confident?
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?
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.