35 crypto companies got together to make a change dot org petition called “Bitcoin Deserves an Emoji”.

F that

  • Chakravanti@lemmy.ml
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    3 months ago

    Duh, it’s stupid. Bitcoin is the snitchcoin. Broadcasts all details of all transactions, everywhere, always, forever.

    Monero.

    • Emmie@lemm.ee
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      3 months ago

      You have to do some mild gymnastics to buy monero here but yes this is what I use for sensitive transactions too.
      It’s weird because theoretically there is some kind of law that makes it harder to buy it but there are services that let you do it anyway so I am guessing it’s a cat and mouse game.

      Emoji of a currency used for shady shit is the last thing it needs tho lol, it would be kinda like private tracker putting ad on YouTube or smh

      • Emerald@lemmy.world
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        3 months ago

        Emoji of a currency used for shady shit is the last thing it needs tho lol

        I agree. 💲💸💵💴💶💷💳💰 should all be removed from Unicode as those currencies are used for shady shit. /s

      • Chakravanti@lemmy.ml
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        3 months ago

        Right now, sure, it’s just know the guy for it. Or swap bitcoin for it on bisq.network

      • Chakravanti@lemmy.ml
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        3 months ago

        Also your business is none of mine. I have no concerns and you haven’t of mine, thank you very much.

        • Emmie@lemm.ee
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          3 months ago

          Biz is biz

          No but if I’d be doing anything other than piracy I wouldn’t be typing things I am typing even

          I am autistically obsessed with niche underground internet things. though that one isn’t really one of them I guess

    • explodicle@sh.itjust.works
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      3 months ago

      Bitcoin Lightning fixes this. Monero built its first layer with this assumption, and now it’s impossible to check if there has been an inflation bug like the Value Overflow Incident.

      When (not if) there’s an inflation bug, the attacker will be able to sell his free XMR indefinitely.

          • Chakravanti@lemmy.ml
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            3 months ago

            Still not close to the same. That’s borrowed functions on one chain. Monero is triple encrypted. You crack one and you got no time left before the next chain flips the whole shebang.

            • zalgotext@sh.itjust.works
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              3 months ago

              Monero is triple encrypted. You crack one and you got no time left before the next chain flips the whole shebang.

              If monero is using sane, modern encryption algorithms, “triple encryption” doesn’t really get you meaningfully more security.

              It already takes an insane amount of time to brute force good encryption algorithms, so if people are cracking your encryption, they’re doing it via some vulnerability/flaw/exploit in the algorithm which allows then to crack things much faster than brute forcing. If you use the same encryption algorithm for all three layers, you just have to exploit it three times instead of one, which isn’t really adding any difficulty to a competent attacker.

              What if you use three different encryption algorithms, you may ask? Well, that’s even worse because you’ve now tripled the attack surface of your encryption scheme.

            • explodicle@sh.itjust.works
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              3 months ago

              It’s not close to the same thing, but definitely not trackable 100%, and comparable levels of privacy. Having less elegant code doesn’t change that. If you’d like, we can perform a test in which I make a lightning payment and you track it.

              I don’t think it’s likely that an attacker can crack even your first layer of encryption in the time it takes for a transaction to propagate and settle.