
Adam Gibson: Bitcoin privacy
Crypto Voices
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Is Perfect Binding Better Than Perfect Privacy?
If we try to make inflation resistance perfect, it has an implication for scalability. So the trade-off here is between perfect binding and perfect hiding. Perfect binding means you know logically for certain that no matter what computer someone's using they can't print new coins in a hidden way. The opposite of each of those is computational instead of perfect. It just means nobody can tell what the amount of your coin is,. No matter how powerful their computer is.
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