If someone was earnestly looking for a way to privately transact, the best option I’ve seen is GNU taler, which doesn’t require any crypto or blockchains to accomplish its goal extremely well, it just needs wider adoption.
Putting aside all other arguments, just comparing Monero vs Taler for a earnest private way to transact. Can you explain to me how Taler is the better option from the perspective of the sender and the receiver lets say someone was buying a month of VPN access for $5?
For a XMR/Monero Transaction (S - seller, R - Receiver, X - XMR Chain)
Time to transact, a single block committed to X - Wait time 2 minutes
No third parties to object to S, R
No third parties have any view into the business of S, R
No third parties even know that S, R have a relationship from the transaction history
for a Taler transaction (S, R, T- Taler)
Transactions Immediately committed to T, no human level wait window
Third parties can inspect S
Third parties with T’s help (so compelled discovery) can look at global money movements and reconstruct S, R relationship
Am I missing something? XMR has a longer wait period, but Taler has far less privacy aspects overall.
Putting aside all other arguments, just comparing Monero vs Taler for a earnest private way to transact. Can you explain to me how Taler is the better option from the perspective of the sender and the receiver lets say someone was buying a month of VPN access for $5?
For a XMR/Monero Transaction (S - seller, R - Receiver, X - XMR Chain)
for a Taler transaction (S, R, T- Taler)
Am I missing something? XMR has a longer wait period, but Taler has far less privacy aspects overall.