this post was submitted on 12 Nov 2024
271 points (99.3% liked)
Privacy
31974 readers
204 users here now
A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
In this community everyone is welcome to post links and discuss topics related to privacy.
Some Rules
- Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
- Don't promote proprietary software
- Try to keep things on topic
- If you have a question, please try searching for previous discussions, maybe it has already been answered
- Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
- Be nice :)
Related communities
Chat rooms
-
[Matrix/Element]Dead
much thanks to @gary_host_laptop for the logo design :)
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Some wallets shielding their transactions by default is still not nearly as strong as everything being shielded by default at the protocol level, but they couldn't have that because then they would not be on exchanges.
It does add a level of convenience for the type of transaction you might want to actually be tracked all being on the same currency. Most don’t even offer the option. Zcash can do the thing—it’s just not the only way.
Monero has view keys for exactly this reason, so that if you need to make a transaction public for like an audit or something, you can do so. But on the protocol level, absolutely everything is always private.
That’s good too. Not a Monero hater or a Zcash fanboy—I just think we need to be honest about the capabilities even if the methods of getting there are different.