this post was submitted on 06 May 2024
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Edward Snowden warns Bitcoin devs, as Monero surges (rebelnet.me)
submitted 4 months ago by [email protected] to c/[email protected]
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Edward Snowden issues a stern warning to Bitcoin developers related to privacy,

As Monero surges 8% in trading, passing measly Bitcoin’s 1-2% gain.

Get the inside scoop, https://rebelnet.me/news/fd34d8450cef11206295

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[–] [email protected] 11 points 4 months ago (1 children)

Bitcoin's base protocol is never going to change, it's become a fundamentalist faith.

[–] [email protected] 1 points 4 months ago

While I agree, it's not impossible. MimbleWimble has proven itself on Litecoin and it was implemented (I believe) using a soft fork. So just as Ordinals was forced on the maxis, MimbleWimble can be forced on the maxis as a payment channel if the demand is there. Note, MimbleWimble isn't as private as Monero, and the fact that it's possible to know when something goes into and out of MimbleWimble may make you targeted as a "money launderer" makes it risky. But at least its a step forward.