Skepticism Sunday #3 — August 4, 2024 (monero.town)

submitted 3 months ago* (last edited 3 months ago) by k4r4b3y@monero.town to c/monero@monero.town

5 comments fedilink hide all child comments

Stay on topic:

This thread is only for comments discussing the uncertainties, shortcomings, and concerns some may have about Monero.
NOT the positive aspects of it.
Discussion can relate to the technology itself or its economics.
Talk about community and price is not wanted, but some discussion about it maybe allowed if it relates well.
Be as respectful and nice as possible. This discussion has potential to be more emotionally charged as it may bring up issues that are extremely upsetting: many people are not only financially but emotionally invested in the ideas and tools around Monero.

How it works:

Post your concerns about Monero in reply to this thread.
If you can address these concerns, or add further details to them – reply to that comment. This will make it easily sort-able.
Upvote the comments that are the most valid criticisms of it that have few or no real honest solutions/answers to them.
The comment that mentions the biggest problems of Monero should have the most karma.

https://monero.town/post/3820563

The first principle is that you must not fool yourself — and you are the easiest person to fool.

Richard Feynman

you are viewing a single comment's thread
view the rest of the comments

[-] nihilist@lemmy.datura.network 1 points 3 months ago* (last edited 3 months ago)

there needs to be a wallet that comes with plausible deniability baked into it:

some sort of "hidden mode" that hides every transaction recieved, and the total amount currently in his possession even when bob the farmer gets forced by an adversary to type his password and show the real amount of monero he recieved so far.

something like Password A opens the wallet in hidden mode, and Password B opens the wallet in normal mode, showing everything. (inspired by how veracrypt provides plausible deniability). And from there the adversary can't confirm anything other than the transaction he sent to your wallet, as everything else remains hidden.

imo, you cant do much currently if you have an adversary that knows that you recieved a specific amount of monero to a specific address, and he literally forces you to open your monero wallet, to be able to know what's the true amount of monero currently in your possession, to steal it from you.

(can't just show him an other empty wallet as the adversary will look for the recieving addresses, to see if it's the same or not.)