WishfulAlbatross

3mo ago

What does RWA solve? It has no real connection to the blockchain besides a promise from a centralized entity that it is backed. Almost no difference to digital fiat unless it is unfreezable?

3mo ago

Since DAI is currently being destroyed

DAI is unfreezeable and pseudonymous, digital fiat is not. It's a useful bridge.

privacy @monero.town WishfulAlbatross @monero.town 8mo ago

Watchman Privacy: The Best of 2023

2:21 – • Andrew Tate's Privacy & Freedom Lessons

4:32 - • Why You Should Fear Cybercrime

7:48 - • Paul Rosenberg: Of Anarchy and Abolition

11:58 - • Standard Notes: Model Privacy Software

18:32 - • Firewalls Don’t Stop Dragons with Carey Parker

27:20 - • All About Linux w/ The Linux Experiment

33:03 - • Leaving Humanity: The Technocratic Worldview with Joe Doran

40:08 - • Intro to Monero: With Seth for Privacy

45:24 - • Samourai Wallet: Waging War on Fiat

49:21 - • Sparrow Wallet with Craig Raw

52:27 - • Tor Part I: History and Basic Features

56:30 - • What is Private Email? Andrew Milich from Skiff

58:17 - • Jayant Bhandari: The Empire Strikes Back

59:55 - • “An Unencrypted Hard Drive on Wheels:” Car Privacy with Andrea Amico

1:02:26 - • James Wesley, Rawles: Private Guns, Economic Collapse, and Survival

1:07:05 - • Bitcoin Privacy Reignited with BitcoinQnA

1:12:02 - • The Politics of Bitcoin (Zelko & Samourai Wallet)

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Privacy @lemmy.ml WishfulAlbatross @monero.town 8mo ago

deleted

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9mo ago

Monero.com Wallet installs increasing and more

This would be dope

10mo ago

Overview of SMS Verify for Crypto Services

Check out these too:

You can pay with Monero and they require no info to sign up or very minimal info such as an email

11mo ago

Monero on Nostr

Agree! Nostr is a neutral tool and the protocol itself has nothing to do with Bitcoin. Monero community should embrace and utilize it.

Seems like NIP 24, 59, and 101 will remedy the main problems plaguing Nostr DMs (prevent metadata leaks and implement forward secrecy). Very cool.

Link to 0xChat site and their github:

Useful account for finding other Monero users on Nostr "Monero Directory": npub1r27775s4thzj5gdz4j0dr8jygvtldnur2qxlzw0muu7z57k83c4qtsyqx6

Bounty "Nostr client for Monero" : https://bounties.monero.social/posts/94/10-000m-nostr-client-for-monero

11mo ago

Borrowing ideas to improve Monero...

Good points.

Didn't know that, but I like those ideas. Anything that would decentralize and bring transparency to as many aspects of Monero as possible.

We really do need some kind of MIPS. I wonder why it failed?

Monero @monero.town WishfulAlbatross @monero.town 11mo ago

Borrowing ideas to improve Monero...

1. Double Spend Proofs

Improves: Convenience, security, and transaction speed

BCH has "instant" 0-conf transactions. I think XMR might be able to achieve something similar (although maybe not as fast because of Dandelion++) since both don't have RBF. This would make 0-conf transactions safer for smaller amounts and the vast majority of use cases.

https://bitcoincashpodcast.com/faqs/Tech/what-is-0-conf
https://bitcoincashpodcast.com/faqs/Tech/what-is-0-conf#double-spend-proofs-dsps

2. ~~Decentralized Governance~~ Network Upgrade Consensus

Improves: ~~Decentralization~~ Wider reaching and more explicit consensus from Monero network for upgrades

So far, Monero's governance has worked out for it and there has been little to no contention with it's direction within the community. But XMRs governance is not as ideally decentralized as it should be. Again, I'm taking inspiration from another aspect of BCH that I think it does well. Their "CHIP" process, or a variation, is something XMR community should think about and consider adopting to make Monero more robust to capture.

https://bitcoincashpodcast.com/faqs/Decentralisation/how-does-BCH-governance-work
https://bch.info/en/chips
https://gitlab.com/im_uname/cash-improvement-proposals/-/blob/master/CHIPs.md
Example: https://github.com/cashtokens/cashtokens/blob/master/stakeholders.md

3. Client Side Validation

Improves: Privacy and scalability

This one was inspired by a BTC project called RGB.

>"RGB can scale in terms of transaction throughput, data size and network size. It doesn't keep any data on-chain (in any blockchain)..."

>"No chain analysis is possible due to the absence of a transaction graph in blockchain. RGB uses zero-knowledge to protect the history of a fungible state. With RGB, the user is always in-charge of when, and what parts of the history and state to disclose, if needed."

- https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-June/021732.html
- https://rgb.tech/
- https://www.youtube.com/watch?v=O3_lNNopDJ0 (skip to 38:10)

4. Succinct STARK proofs for Monero blockchain

Improves: Greatly reduce space and time required to sync a node

Another couple BTC projects that Monero might be able to take advantage of.

>"Currently transactions specify inputs and outputs, and verifying an input requires you to know the whole state of the system. With Utreexo, the holder of funds maintains a proof that the funds exist, and provides that proof at spending time to the other nodes. These proofs are compact (under 1KB) but do represent the main downside in the utreexo model they present an additional data transmission overhead which allows much smaller state."

- https://dci.mit.edu/utreexo
- https://zerosync.org/
- https://nipopows.com/

5. Opportunistic Encryption

Possible improvement: Privacy and anonymity for Monero node communication

I'm actually unsure if this would just be completely redundant for Monero nodes. But thought to mention it just in case. Maybe it can help hide any residual metadata between peers, or offer an addtional layer, that Monero might not already cover.

https://github.com/bitcoin/bips/blob/master/bip-0324.mediawiki

*I want to know your opinions on these ideas. Let me know in the comments if you have any ideas from other projects that might benefit Monero too.*