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Topic: Edward Snowden Final Warning for Bitcoin - page 8. (Read 1767 times)

full member
Activity: 420
Merit: 120
Edwards Snowden just made a tweet with final warning for everyone that privacy for Bitcoin is needed on protocol level.
I tend to agree with him on this and I really don't understand why nothing has been done regarding that for years, unless this was done intentional.
Funny comment was made by Jameson that we might take another ten years to do this  Tongue
The clock is ticking...
Is privacy good for Bitcoin?

I am skeptical that Bitcoin only give us completely control of our bitcoins but with privacy, only pseudoprivacy, not completely privacy. If turning to complete privacy can cause more anti Bitcoin regulations, I will not want it to happen.

If people want superb privacy, they can go with Monero.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
Funny comment was made by Jameson that we might take another ten years to do this  Tongue

It wouldn't be surprising. Aside from potentially hindering Bitcoin adaption, privacy feature usually leads to higher TX size or longer verification time. In addition, gmaxwell propose Confidental Transaction back on 2015[1], but it was never added into Bitcoin protocol and added into Monero protocol (as part of RingCT) on 2017.

[1] https://bitcointalksearch.org/topic/confidential-transactions-content-privacy-for-bitcoin-transactions-1085273
legendary
Activity: 2212
Merit: 7064

https://twitter.com/Snowden/status/1786170805728039127

Edwards Snowden just made a tweet with final warning for everyone that privacy for Bitcoin is needed on protocol level.
I tend to agree with him on this and I really don't understand why nothing has been done regarding that for years, unless this was done intentional.
Funny comment was made by Jameson that we might take another ten years to do this  Tongue
The clock is ticking...

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