On 08/11/2022 22:05, [email protected] wrote:
With Bitcoin being created as a byproduct of this mailing list
Bitcoin was, very loosely speaking, a byproduct of the cryptography list.
It was in no way a byproduct the cypherpunks list.
It was/is also a piece of scam which doesn't scale enough to be a
currency, which wastes carbon-emitting resources, and which doesn't
provide reliable anonymity.
Beautiful structure and coding though. And starting off by providing
such a good a reference implementation ...
Punk once claimed Bitcoin was created by the man. I don't take much
notice of Punk's claims (though if we aren't looking for such attacks -
"paranoid" - we shouldn't be in this game), but who else but the man was
that good at writing code?
Does XMR solve the problems of Bitcoin?
No. Even with Seraphis it still isn't reliably anonymous. It wastes
carbon-dioxide producing resources. And it doesn't scale.
It may be a step or two in the right direction, but I don't know enough
about it (and what it may develop into) to say for sure. It has a
loooooonng way to go though before it gets really good though.
Peter Fairbrother
