• shortwavesurfer@lemmy.zip
    link
    fedilink
    arrow-up
    2
    ·
    5 days ago

    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.

    • toastal@lemmy.ml
      link
      fedilink
      arrow-up
      1
      ·
      5 days ago

      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.

      • shortwavesurfer@lemmy.zip
        link
        fedilink
        arrow-up
        2
        ·
        5 days ago

        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.

        • toastal@lemmy.ml
          link
          fedilink
          arrow-up
          2
          ·
          5 days ago

          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.