this post was submitted on 06 Aug 2024
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Privacy

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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.

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[–] jet@hackertalks.com 11 points 1 year ago (14 children)
[–] jet@hackertalks.com 14 points 1 year ago* (last edited 1 year ago) (4 children)

We have a fight about Taler every few weeks.

I'll summarize:

Positives

  • Centralized, no bad people doing bad things
  • Fast, because its centralized
  • Doesn't use proof of work, because its centralized
  • No currency conversion, because its centralized it can stay in Fiat

Cons

  • Centralized, if the central authority thinks you or your business is bad your shit out of luck
  • Discoverable, the Central authority has all the information to deconstruct all activity (yes they do, no really, they do)
  • Not actually private
  • A solution looking for a problem

Fight amongst yourselves repeating the above points.

If you care about privacy you will use Monero, if you care about centralization you will use whatever your local bank transfer system is.

[–] FaceDeer@fedia.io 4 points 1 year ago

I should note, there are cryptocurrencies that also don't use proof of work. Ethereum, the second-largest, switched away from proof of work two and a half years ago.

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