Ciro Santilli $$ Sponsor Ciro $$ 中国独裁统治 China Dictatorship 新疆改造中心、六四事件、法轮功、郝海东、709大抓捕、2015巴拿马文件 邓家贵、低端人口、西藏骚乱
Cryptocurrency with focus on anonymity.
As mentioned at Section "Cryptocurrency", Ciro Santilli believes that anonymity is the only feature that really matters on crypto coins, and therefore if he were to invest in crypto, he would invest in Monero or some other privacy coin. gives an overview of the privacy mechanisms:
  • ring signatures, which hide the true output (sender) Gives an overview. Mentions that it is prone to heuristic attacks.
    Uses a system of decoys, that adds 10 fake possible previous outputs as inputs, in addition to the actual input.
    So the network only knows/verifies that one of those 11 previous outputs was used, but it does not know which one.
    It's a bit like having a built-in cryptocurrency tumbler in every transaction.
    TODO so how do you know which previous outputs were spent or not?
  • RingCT which hides the amounts.
  • stealth addresses, which hides who you send to
    This forces receivers to scan try and unlock every single transaction in the chain to see if it is theirs or not.
    The sender therefore can know when the money is spent, but once again, not to whom it is being sent.
Coinbase has actually stayed away from trading it even as of 2019 when Monero was the third largest market capitalization crypto because of fear of regulatory slashback: Although it must be said, the value of privacy crypto is greatly reduced when everyone is trading it on exchanges, which require a passport upload to work.