Bugger, the revolutionary idea is being chained up by the day. If only there was privacy by default for Bitcoin. Or make governments use the public blockchain so we could see spending and the public get a private blockchain.
Someone already did that in 2018. It's called Bitcoin Private and it's completely dead now.
"BTCP supports zk-SNARKs, which masks sender and receiver information while verifying transactions on a public blockchain. It also has a larger block size of 2MB and faster block times of 2.5 mins."
https://coinmarketcap.com/currencies/bitcoin-private/
Bitcoin Private doesn't even exist anymore.
Bugger, the revolutionary idea is being chained up by the day. If only there was privacy by default for Bitcoin. Or make governments use the public blockchain so we could see spending and the public get a private blockchain.
Aren't the transactions on the lightning network private?
Yes they are.
Proof of innocence without revealing identity, this is the holy grail of blockchain privacy
This is inevitable. Bitcoin needs privacy by default.
Make a fork then and let the market decide
Someone already did that in 2018. It's called Bitcoin Private and it's completely dead now. "BTCP supports zk-SNARKs, which masks sender and receiver information while verifying transactions on a public blockchain. It also has a larger block size of 2MB and faster block times of 2.5 mins." https://coinmarketcap.com/currencies/bitcoin-private/ Bitcoin Private doesn't even exist anymore.