I think a post from my side is needed regarding the baseless insults thrown at VERGE by the Vanillacoin dev (btw they'll be rebranding their symbol to XVC yes so similar to XVG
)
I asked him a simple question if his coin was using "privacy" tools over 'Clearnet'. He definitely understood VERY well my intention (which was to show him Clearnet does NOT allow for privacy in cryptos whatever fancy stuff he was doing) and instead of getting into a technical argument he started insulting VERGE and the community. Mind you I'm still waiting his answer... all in all this is what Vanillacoin does (soon rebranding it's symbol to XVC
). Satoshi's White Paper talk about 'public ledger' sadly and bizarrely as a "dev" he isn't even aware the content of the White Paper (yes kinda crazy).
What he's trying to achieve is 'blockchain obfuscation' ok sounds cool and he thinks Satashi Nakamoto is wrong and he's right. What he calls privacy...
This is what Vitalik Buterin had to say regarding 'blockchain obfuscation'
Unfortunately, absolutely perfect black-box obfuscation is mathematically known to be impossible
He's done without taking even into account the real major issue which is... all done over CLEARNET (sorry for the caps but had to do it). Mind you VanillaCoin has NOT (sorry again) achieved this yet but even if or when they do 1st there will be backdoors as it's impossible to do it to guarantee obfuscation and 2nd everything is still traceable. He goes on to say they use mixing for untraceability which is also very much traceable. Draw your own conclusion but yet another coin that promises something and does not deliver it at all.
btw he started with his main twitter account than created another account to disguise his identity what a pussy!
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