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jlopp committed May 17, 2024
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Expand Up @@ -750,7 +750,7 @@ my opinion can be transferred you know in the least amount of time so that's wha
that's what we get we get a really high signal to noise ratio in open source software so
a lot let's go with you next on this Jameson so what is your comments on on this so far
and i have a kind of a specific question for you Jameson um how would you compare this
to like chomium cash and is this better or worse than that right so i think an initial
to like chaumian cash and is this better or worse than that right so i think an initial
question is what is the state chain actually doing well in bitcoin you know there's no
such thing as a bitcoin there are just transaction outputs and there are transaction outputs
that have been spent and then there are transaction outputs that are unspent and it's the unspent
Expand All @@ -761,7 +761,7 @@ federation what have you that is on the other end of that uh two of two multi-si
yeah the entity allows you to really swap ownership of your utxo with something else
you know some other utxo it might not even be a bitcoin utxo once you add in some of
the the privacy uh features that they're saying that they're working on then you do essentially
end up with a blinded chomium ecash server and chomium ecash is great from a privacy
end up with a blinded chaumian ecash server and chaumian ecash is great from a privacy
perspective and from a scalability perspective the downside is that it relies upon a single
server that could potentially you know cease to exist and prove all of your money is gone
so at least with the state chain setup you get those privacy and scalability benefits
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