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Enter Crypto 🎙️🔥

Enter Crypto 🎙️🔥

@EnterCryptoYT

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United Kingdom انضم Şubat 2022
110 يتبع133 المتابعون
chaser
chaser@chaserxy·
by the way, there's a way to use the current Monero protocol that gives partial post-quantum privacy if both sender and receiver follow it, but it takes some extra care, and no one I told about it was interested in doing it. UX/convenience reigns supreme.
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chaser
chaser@chaserxy·
I don't think Google's more efficient way of breaking EC discrete logarithms changes much for Monero, because it's just as vulnerable in this regard as before. their paper is relevant mostly for blockchains that don't have default privacy and prevent counterfeiting through transparency (= where stealing balances makes sense). as for privacy, transactions remain on the Monero blockchain forever. a quantum adversary can identify the real spend. if they learn even just one address of the wallet, they can also decrypt the source/recipient and the amount. unfortunately, many people share addresses publicly or through quantum-vulnerable messaging. for future transactions, the FCMP++ and Carrot protocols will prevent some of these leaks, but not all. as for supply soundness, a quantum adversary can print XMR undetectably. you can enforce a turnstile where this is no longer possible on the "other side," but then the adversary can go first and burn everyone's funds. it's the same outcome as crashing the price through selling. when someone finds a way to make these attacks feasible, they won't tell the world. it has might as well already happened. assume that private advancements are always ahead of public ones. would you trust *Google* on what the state of the art is? as long as Monero puts quantum-vulnerable ciphertexts on chain, and allows spending coins that didn't go through a post-quantum turnstile, these pose the same risks, whether it's a decade ago, today, or 2029. it's urgent to remedy them, but not because of the headlines (which could be a way to rush projects into switching to backdoored cryptography, e.g. blog.cr.yp.to/20251004-weake…).
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Vik Sharɱa - Cake Wallet 🇺🇸
Vik Sharɱa - Cake Wallet 🇺🇸@vikrantnyc·
I’m so tired of these types bot replies: “Follow “so and so” for best trading strategies.” Or “So and So helped me make my money”. Or some similar shit. Guys, they will steal your money. I hide the replies and block both the person replying and the person recommended.
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Riccardo Spagni
Riccardo Spagni@fluffypony·
Bitcoin is designed to be like cash. You can't stop people drawing cat pictures on $100 bills and then using those to pay. They're legal tender, and (by law) the recipient does not have the right to refuse them, nor do they have the right to say "I'd like a $100 bill without a cat scribbled on it". If you tried to pass a law saying that people are NOT allowed to draw or write on US Dollar bills, it wouldn't stop people from doing it. At best they'd just start to use invisible ink. At worst, they'd use ink that takes a few hours to reveal, so that the recipient thinks the bill is unmarked...but then after a few hours it's unusable and they've lost money as they can't use the bill. Currently (in Bitcoin land) there IS a law, and the law is that you can draw pictures, but they have to be really small. Some people follow this and draw small cat pictures. But some other people want to use a larger part of the bill, and so they have been using this ink that takes a few hours to reveal itself. The group of people that made the law about pictures on cash being small sees that this is going to lead to a bigger problem if more people catch on and start using this ink, and so they are discussing among themselves whether this law should just be taken away - that way there is never a reason to use this ink, but everyone can just scribble on a note as much as they want, thus removing the incentive to do harm. Some people (who have never been part of this type of discussion) found out that one of the people in this group once invested in a company that makes pens, and are REALLY mad that he doesn't go around constantly telling everyone about every investment he has previously made. Now everyone is suddenly an expert on cat pictures, invisible ink, and US Dollar bills, and boy do they have strong opinions on all of this.
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Lawrence a.k.a. Lando Rothbardian
Lawrence a.k.a. Lando Rothbardian@LRothbardian·
Today I’m asking a “dumb” question. Storing JPGs on-chain seems kinda dumb. There are already enough other chains that do that. Why not just remove the ability to store arbitrary data, and keep Bitcoin focused on… you know, transactions? I’ll send 210,000 sats to the best simple explanation. Criteria: ✅ Understandable with 7th grade reading skills ✅ No coding knowledge ✅ Clear enough for any node runner to grasp Too many debates lately feel like drama for drama’s sake. If you really want to win the argument, explain it so anyone can understand; especially the people running the nodes. If any of these fine folks reply (with the best answer of course!), I’ll donate the sats to @OpenSats or an open-source project of their choice: @giacomozucco @sethforprivacy @adam3us @SamouraiWallet @wasabiwallet @knutsvanholm @vladcostea
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Kyle Chassé 🐸
Kyle Chassé 🐸@Kylechasse·
EUROPEANS, PAY ATTENTION!!! YOUR $USDT WILL BE ILLEGAL FROM THE 30TH OF DECEMBER. IF YOU STILL HODL $USDT IN EUROPE, IT MIGHT BE A GOOD IDEA TO CHANGE STABLES. OR NOT, I’M NOT YOUR DAD. 🤷‍♂️🤷‍♂️🤷‍♂️
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Watcher.Guru
Watcher.Guru@WatcherGuru·
JUST IN: 🇰🇵 North Korean hackers stole $1,300,000,000 this year.
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Enter Crypto 🎙️🔥
Enter Crypto 🎙️🔥@EnterCryptoYT·
You: I want to buy £20k of Bitcoin Bank: Sorry, you can only send £1k me day or £5k maximum per month to crypto exchanges You: OK, send the £20k to Betting Agent Bank: Sent
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