Are these projects related?
Is Moneta one of the private companies working with Blockstream?
"To my mind, Zerocoin and Zerocash are the low-hanging fruit of sidechains. Just transfer your bitcoin to a sidechain that implements one of those protocols, and voila, instant Bitcoin anonymity; you can send or receive money while maintaining mathematically perfect privacy."
Is it associated with XMR in anyway?
Is Moneta one of the private companies working with Blockstream?
"To my mind, Zerocoin and Zerocash are the low-hanging fruit of sidechains. Just transfer your bitcoin to a sidechain that implements one of those protocols, and voila, instant Bitcoin anonymity; you can send or receive money while maintaining mathematically perfect privacy."
Quote
The vision of the Moneta project is to help significantly advance Bitcoin technology as a sidechain. As a sidechain, we want to help people realize that it’s possible to make Bitcoin lightning-fast, far more private, and far more scalable. For example, people often think that Bitcoin is limited to 7 transactions per second and can never compete with Visa. With some changes to the protocol, we can increase that number one-hundred fold. Also, with increased scalability comes decreased transaction fees. Think of all the new marketplaces and behaviors that can arise if we can decrease Bitcoin’s transaction fees from the magnitude of cents to the magnitude of hundredths of a cent … We hope to convey that Bitcoin’s underlying protocol can in fact be advanced significantly — not just marginal improvements, but 10x or 100x improvements.
Is it associated with XMR in anyway?
No, and watch out for these guys (Moneta). Same guys as:
https://bitcointalksearch.org/topic/zerovert-first-truly-only-anonymous-coin-with-zerocoin-mandatory-upgrade-846471
&
https://bitcointalk.org/index.php?action=trust;u=391031
This looks to be an actual privacy-centric side chain project, not an altcoin. Unless you have evidence to the contrary.
How come we can't just make XMR the privacy side chain? Some technical reason?
[1] https://news.bitcoin.com/first-implementation-zerocoin-released-introducing-moneta/, enough evidence in that article.
[2] If we make XMR the privacy sidechain we inheret Bitcoin's security model as well. In addition, I am not entirely sure if there are already viable methods available to secure the sidechain itself.
Moneta has Roger Ver as an angel investor. Blockstream has $60mil+ to develop side chain technology. If it isn't XMR it'll be someone else I should think.
Last couple of days were good 