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From: <eric@voskuil.org>
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Subject: Re: [bitcoin-dev] Taproot NACK
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> and all transactions should be open to the scrutiny of an honest =
government.
=20
From what do you derive the moral judgement =E2=80=9Cshould=E2=80=9D in =
this context?
=20
> The value proposition is =E2=80=A6 because people will trust the =
system?
=20
So, it=E2=80=99s valuable because it=E2=80=99s trusted? Trusted to do =
what exactly? What that government money doesn=E2=80=99t already do, =
specifically.
=20
> If it is not necessary to maintain consensus then what is consensus?
=20
Nothing is =E2=80=9Cnecessary=E2=80=9D. Consensus is an agreement among =
people. It=E2=80=99s voluntary. Any person can choose to leave, create =
or join another consensus, or stay where they are.
=20
> BCH exists in addition to BTC Bitcoin.
=20
Exactly, people are free to do what they want. Nobody =
=E2=80=9Cshould=E2=80=9D do anything except that which they want to do. =
This and this alone is the =E2=80=9Chighest value=E2=80=9D if one =
accepts the moral principle of non-aggression. You do not appear to, and =
I=E2=80=99m afraid that may be well outside the consensus view among =
core bitcoin developers (the people you are talking to).
=20
e
=20
From: LORD HIS EXCELLENCY JAMES HRMH <willtech@live.com.au>=20
Sent: Tuesday, March 2, 2021 6:55 PM
To: Eric Voskuil <eric@voskuil.org>; Bitcoin Protocol Discussion =
<bitcoin-dev@lists.linuxfoundation.org>
Cc: Ariel Lorenzo-Luaces <arielluaces@gmail.com>
Subject: Re: [bitcoin-dev] Taproot NACK
=20
Good Afternoon,=20
=20
All people are entitled to privacy in their purse, and all transactions =
should be open to the scrutiny of an honest government. You can debate =
whether any government is honest. Mixing does not remove the record from =
the public ledger, where it is possible to see that any Bitcoin has =
transferred from an UTXO to some Pay-To address even with some amount of =
transaction in between them. The value proposition is the same =
<https://www.youtube.com/watch?v=3Dl9jOJk30eQs> =
https://www.youtube.com/watch?v=3Dl9jOJk30eQs - because people will =
trust the system; people trust the existing consensus.
=20
Let us dispense with the screen and deal with the issue only. If it is =
not necessary to maintain consensus then what is consensus?
=20
The intrinsic value of Bitcoin is because of the existing consensus. =
Even if any proposal gains consensus there is no objective way to show =
it improves the intrinsic value without trialing and the possibility of =
failure and so protecting the existing consensus should be the highest =
value. This understanding is the reason BCH exists in addition to BTC =
Bitcoin.
=20
KING JAMES HRMH
Great British Empire
=20
Regards,
The Australian
LORD HIS EXCELLENCY JAMES HRMH (& HMRH)
of Hougun Manor & Glencoe & British Empire
MR. Damian A. James Williamson
Wills
=20
et al.
=20
=20
Willtech
www.willtech.com.au
www.go-overt.com
and other projects
=20
earn.com/willtech
linkedin.com/in/damianwilliamson
=20
=20
m. 0487135719
f. +61261470192
=20
=20
This email does not constitute a general advice. Please disregard this =
email if misdelivered.=20
_____ =20
From: Eric Voskuil <eric@voskuil.org <mailto:eric@voskuil.org> >
Sent: Tuesday, 2 March 2021 9:37 AM
To: LORD HIS EXCELLENCY JAMES HRMH <willtech@live.com.au =
<mailto:willtech@live.com.au> >; Bitcoin Protocol Discussion =
<bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org> >
Cc: Ariel Lorenzo-Luaces <arielluaces@gmail.com =
<mailto:arielluaces@gmail.com> >
Subject: Re: [bitcoin-dev] Taproot NACK=20
=20
To be clear, is this a NACK because Taproot reduces =
=E2=80=9Ctransparency=E2=80=9D (increases privacy) on the chain =
(=E2=80=9Cmaintaining consensus=E2=80=9D is obviously an argument =
against any protocol change, so that=E2=80=99s a red herring)?=20
=20
And is it your theory that only an =E2=80=9Chonest=E2=80=9D (statute =
abiding) person should have privacy, and not against the state, and/or =
that mixers are sufficient privacy?
=20
Personally, I=E2=80=99m not moved by such an argument. What do you think =
is the value proposition of Bitcoin?
=20
e
On Mar 1, 2021, at 14:21, LORD HIS EXCELLENCY JAMES HRMH via bitcoin-dev =
<bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org> > wrote:
=EF=BB=BF=20
Good Afternoon,
=20
I am going to take tough terms with much of your reply and do appreciate =
a courteous practice. Having previously made public disclosure of my =
affiliation with Jambler.io it seems sufficient to disclose my =
affiliation through the link in my email signature block.
=20
My concern is not increased privacy it is maintaining consensus values =
and the transparency of the blockchain wherein all transactions are =
published in an immutable record and that forbids the redaction of =
information by any obfuscation. A separate concern is the availability =
of a privacy suitable for cash should a Bitcoin user desire and =
especially without disturbing the existing consensus.
=20
The use of a Bitcoin Mixer is to enable standard equivalent privacy. As =
you may experience yourself, you do not allow people to follow you =
around looking in your purse, suppose you are dealing entirely with =
cash, and to see where and how much you fill it up, and where you spend. =
Nonetheless, for an honest person, their wallet is available for =
government audit as are their financial affairs. This is consistent with =
the existing operation of consensus.
=20
My full email signature block is a disclosure where I have some =
affiliation with the referenced website being that it carries at least =
some information that I have provided or that in some way I am =
associated perhaps only making use of their services. For example, I =
hardly make a profit from LinkedIn just my information is there. Also, I =
have made previous public disclosure of the affiliation. Bitcoin Mixer =
2.0 is a partner mixer run by Jambler.io wherein I receive a service =
referral fee and am not in receipt of any part of the process =
transaction. The operation block diagram provided by Jambler.io is =
provided here and attached.
<ip.bitcointalk.org.png>
=20
[ip.bitcointalk.org.png]-Operation of Jambler.io partner mixer
https://ip.bitcointalk.org/?u=3Dhttps%3A%2F%2Fjambler.io%2Fimages%2Fschem=
e-1.png =
<https://ip.bitcointalk.org/?u=3Dhttps%3A%2F%2Fjambler.io%2Fimages%2Fsche=
me-1.png&t=3D622&c=3DgTi7r1cfh-yynw> &t=3D622&c=3DgTi7r1cfh-yynw
from this thread https://bitcointalk.org/index.php?topic=3D5267588
=20
=20
The installation script provided by Jambler.io that is the basis of my =
referral website is also publicly published,
https://github.com/jambler-io/bitcoin-mixer
=20
The disclosure for the partner program is available from Jambler.io =
however and is made prominently on my referral website. While it may =
seem lucrative at first I insist all partner profits are reportable on =
your personal income.
https://jambler.io/become-partner.php
=20
I am certainly better than confident that you appreciate the difference =
between an open and transparent blockchain and the ability of the user =
to not reveal details of the content of their wallet publicly.
=20
If further clarification is required may I suggest you pay a token and =
mix some Bitcoin wherein our discussion may then have some point of =
reference.
=20
KING JAMES HRMH
Great British Empire
=20
Regards,
The Australian
LORD HIS EXCELLENCY JAMES HRMH (& HMRH)
of Hougun Manor & Glencoe & British Empire
MR. Damian A. James Williamson
Wills
=20
et al.
=20
=20
Willtech
www.willtech.com.au <http://www.willtech.com.au>=20
www.go-overt.com <http://www.go-overt.com>=20
and other projects
=20
earn.com/willtech
linkedin.com/in/damianwilliamson
=20
=20
m. 0487135719
f. +61261470192
=20
=20
This email does not constitute a general advice. Please disregard this =
email if misdelivered.
_____ =20
From: Ariel Lorenzo-Luaces <arielluaces@gmail.com =
<mailto:arielluaces@gmail.com> >
Sent: Monday, 1 March 2021 12:07 AM
To: LORD HIS EXCELLENCY JAMES HRMH <willtech@live.com.au =
<mailto:willtech@live.com.au> >; Bitcoin Protocol Discussion =
<bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org> >
Subject: Re: [bitcoin-dev] Taproot NACK=20
=20
Hello LORD HIS EXCELLENCY JAMES HRMH
I find a striking dichotomy between your concern of increased privacy in =
bitcoin and your link to a bitcoin mixer in your signature =
www.go-overt.com <http://www.go-overt.com>=20
At first your concerns seemed genuine but after seeing your promotion of =
a bitcoin mixer I'm thinking your concerns may be more profit motivated? =
I can't tell since you failed to disclose your relationship with the =
mixer.
Could you please clarify your association with the bitcoin mixer and =
moving forward could you please always do proper disclosure any time =
you're publically talking about bitcoin transaction privacy. It's only =
fair to do so as to not mislead people in an attempt to manipulate at =
worst and just a courteous practice at best.
Cheers
Ariel Lorenzo-Luaces
On Feb 28, 2021, at 4:36 AM, LORD HIS EXCELLENCY JAMES HRMH via =
bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org> > wrote:=20
Good Evening,=20
=20
Thank-you for your advice @JeremyRubin =
<https://twitter.com/JeremyRubin> on the basis you advise, "Taproot =
does not enable monero-like privacy features", I am prepred to withdraw =
my NACK notably that the existing feeatures of Bitcoin MUST be =
maintained, and whereby the UTXO of a transaction is identifiable, the =
PayTo Address, and the amount all without any obfuscation.=20
=20
Lightning does not really provide obfuscation, it provides a result of a =
subset of transactions although the operation of the channel is =
observable to the parties.=20
=20
The reports I were reading concerning the supposed operation of Taproot =
published in a public media channel may have been speculation or =
misinformation nonetheless it is prudent to conditionally reply as you =
see that I have. It is important not to allow things to slip through the =
cracks. As you may believe may astute reviewers could make a full =
disclosure to this list it is not to be expected.=20
=20
KING JAMES HRMH=20
Great British Empire=20
=20
Regards,=20
The Australian=20
LORD HIS EXCELLENCY JAMES HRMH (& HMRH)=20
of Hougun Manor & Glencoe & British Empire=20
MR. Damian A. James Williamson=20
Wills=20
=20
et al.=20
=20
=20
Willtech=20
www.willtech.com.au=20
www.go-overt.com=20
and other projects=20
=20
earn.com/willtech=20
linkedin.com/in/damianwilliamson=20
=20
=20
m. 0487135719=20
f. +61261470192=20
=20
=20
This email does not constitute a general advice. Please disregard this =
email if misdelivered.=20
_____ =20
From: Jeremy <jlrubin@mit.edu>
Sent: Sunday, 28 February 2021 3:14 AM
To: LORD HIS EXCELLENCY JAMES HRMH <willtech@live.com.au =
<mailto:willtech@live.com.au> >; Bitcoin Protocol Discussion =
<bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org> >
Subject: Re: [bitcoin-dev] Taproot NACK=20
=20
I have good news for you: Taproot does not enable monero-like privacy =
features any moreso than already exist in Bitcoin today. At its core, =
taproot is a way to make transactions with embedded smart contracts less =
expensive, done so in a manner that may marginally improve privacy =
dependent on user behavior (but not in the monero-like way you mention). =
For example, it makes it possible for lightning channels to look =
structurally similar to single key wallets, but it does nothing =
inherently to obfuscate the transaction graph as in monero.=20
=20
Such "monero-like" transaction graph obfuscation may already exist in =
Bitcoin via other techniques (coinjoin, payjoin, coinswap, lightning, =
etc) with or without Taproot, so the point is further moot.=20
=20
Do you have a source on your reporting?=20
=20
You may wish to rescind your nack.=20
=20
=20
--=20
@JeremyRubin <https://twitter.com/JeremyRubin> =20
=20
=20
On Sat, Feb 27, 2021 at 5:46 AM LORD HIS EXCELLENCY JAMES HRMH via =
bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org> > wrote:=20
Good Afternoon,=20
=20
It has been reported that Taproot will enable some Monero like features =
including the ability to hide transactions.=20
=20
If that is the case I offer a full NACK and let me explain.=20
=20
A part of the benefit of using Bitcoin is its honesty. The full =
transaction is published on the blockchain. If that were to change so =
that transactions may be obfuscated from scrutiny then any government =
would have unlimited impetus to ban Bitcoin, and speculation has that is =
the reason India has been reported to have banned cryptocurrencies =
already.=20
=20
I am in support of the expanded use case of Bitcoin without harming the =
established robust fairness and equal equity offered. The core =
functionality of Bitcoin, its values, must remain unaltered.=20
=20
KING JAMES HRMH=20
Great British Empire=20
=20
Regards,=20
The Australian=20
LORD HIS EXCELLENCY JAMES HRMH (& HMRH)=20
of Hougun Manor & Glencoe & British Empire=20
MR. Damian A. James Williamson=20
Wills=20
=20
et al.=20
=20
=20
Willtech=20
www.willtech.com.au <http://www.willtech.com.au> =20
www.go-overt.com <http://www.go-overt.com> =20
and other projects=20
=20
earn.com/willtech <http://earn.com/willtech> =20
linkedin.com/in/damianwilliamson =
<http://linkedin.com/in/damianwilliamson> =20
=20
=20
m. 0487135719=20
f. +61261470192=20
=20
=20
This email does not constitute a general advice. Please disregard this =
email if misdelivered.=20
_______________________________________________=20
bitcoin-dev mailing list=20
bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org> =20
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev=20
=20
_____ =20
bitcoin-dev mailing list
bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org>=20
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
<ip.bitcointalk.org.png>
_______________________________________________
bitcoin-dev mailing list
bitcoin-dev@lists.linuxfoundation.org =
<mailto:bitcoin-dev@lists.linuxfoundation.org>=20
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
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</o:shapelayout></xml><![endif]--></head><body lang=3DEN-US link=3Dblue =
vlink=3Dpurple style=3D'word-wrap:break-word'><div =
class=3DWordSection1><p class=3DMsoNormal>> <span =
style=3D'font-family:"Cantarell",serif'>and all transactions should be =
open to the scrutiny of an honest government.<o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>From =
what do you derive the moral judgement =E2=80=9Cshould=E2=80=9D in this =
context?<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>> The =
value proposition is =E2=80=A6 because people will trust the =
system?<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>So, =
it=E2=80=99s valuable because it=E2=80=99s trusted? Trusted to do what =
exactly? What that government money doesn=E2=80=99t already do, =
specifically.<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>> If =
it is not necessary to maintain consensus then what is =
consensus?<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>Nothing =
is =E2=80=9Cnecessary=E2=80=9D. Consensus is an agreement among people. =
It=E2=80=99s voluntary. Any person can choose to leave, create or join =
another consensus, or stay where they are.<o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>> BCH =
exists in addition to BTC Bitcoin.<o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>Exactly, =
people are free to do what they want. Nobody =E2=80=9Cshould=E2=80=9D do =
anything except that which they want to do. This and this alone is the =
=E2=80=9Chighest value=E2=80=9D if one accepts the moral principle of =
non-aggression. You do not appear to, and I=E2=80=99m afraid that may be =
well outside the consensus view among core bitcoin developers (the =
people you are talking to).<o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>e</span><o:p></o:p></p><p =
class=3DMsoNormal><o:p> </o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> LORD HIS EXCELLENCY JAMES =
HRMH <willtech@live.com.au> <br><b>Sent:</b> Tuesday, March 2, =
2021 6:55 PM<br><b>To:</b> Eric Voskuil <eric@voskuil.org>; =
Bitcoin Protocol Discussion =
<bitcoin-dev@lists.linuxfoundation.org><br><b>Cc:</b> Ariel =
Lorenzo-Luaces <arielluaces@gmail.com><br><b>Subject:</b> Re: =
[bitcoin-dev] Taproot NACK<o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p> </o:p></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif;color:black;background:white'>Good=
Afternoon,</span> <o:p></o:p></p><p class=3DMsoNormal =
style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>All people are =
entitled to privacy in their purse, and all transactions should be open =
to the scrutiny of an honest government. You can debate whether any =
government is honest. Mixing does not remove the record from the public =
ledger, where it is possible to see that any Bitcoin has transferred =
from an UTXO to some Pay-To address even with some amount of transaction =
in between them. The value proposition is the same <a =
href=3D"https://www.youtube.com/watch?v=3Dl9jOJk30eQs"><span =
style=3D'color:#1B6ACB'>https://www.youtube.com/watch?v=3Dl9jOJk30eQs</sp=
an></a> - because people will trust the system; people trust the =
existing consensus.</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>Let us dispense with =
the screen and deal with the issue only. If it is not necessary to =
maintain consensus then what is consensus?</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>The intrinsic value =
of Bitcoin is because of the existing consensus. Even if any proposal =
gains consensus there is no objective way to show it improves the =
intrinsic value without trialing and the possibility of failure and so =
protecting the existing consensus should be the highest value. This =
understanding is the reason BCH exists in addition to BTC =
Bitcoin.</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>KING JAMES =
HRMH</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>Great British =
Empire</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>Regards,</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>The =
Australian</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>LORD HIS EXCELLENCY =
JAMES HRMH (& HMRH)</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>of Hougun Manor =
& Glencoe & British Empire</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>MR. Damian A. James =
Williamson</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>Wills</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>et al.</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'> </span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>Willtech</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'><a =
href=3D"www.willtech.com.au"><span =
style=3D'color:#1B6ACB'>www.willtech.com.au</span></a></span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'><a =
href=3D"www.go-overt.com"><span =
style=3D'color:#1B6ACB'>www.go-overt.com</span></a></span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>and other =
projects</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'> </span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>earn.com/willtech</sp=
an><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>linkedin.com/in/damia=
nwilliamson</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>m. =
0487135719</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif;color:black'>f. =
+61261470192</span><span =
style=3D'font-family:"Cantarell",serif'><o:p></o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal style=3D'background:white'><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Cantarell",serif;color:black;backg=
round:white'>This email does not constitute a general advice. Please =
disregard this email if misdelivered.</span> <o:p></o:p></p><div><div =
class=3DMsoNormal align=3Dcenter style=3D'text-align:center'><hr =
size=3D2 width=3D"98%" align=3Dcenter></div><div id=3DdivRplyFwdMsg><p =
class=3DMsoNormal><b><span style=3D'color:black'>From:</span></b><span =
style=3D'color:black'> Eric Voskuil <<a =
href=3D"mailto:eric@voskuil.org">eric@voskuil.org</a>><br><b>Sent:</b>=
Tuesday, 2 March 2021 9:37 AM<br><b>To:</b> LORD HIS EXCELLENCY JAMES =
HRMH <<a =
href=3D"mailto:willtech@live.com.au">willtech@live.com.au</a>>; =
Bitcoin Protocol Discussion <<a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.l=
inuxfoundation.org</a>><br><b>Cc:</b> Ariel Lorenzo-Luaces <<a =
href=3D"mailto:arielluaces@gmail.com">arielluaces@gmail.com</a>><br><b=
>Subject:</b> Re: [bitcoin-dev] Taproot NACK</span> =
<o:p></o:p></p><div><p =
class=3DMsoNormal> <o:p></o:p></p></div></div><div><div><p =
class=3DMsoNormal>To be clear, is this a NACK because Taproot reduces =
=E2=80=9Ctransparency=E2=80=9D (increases privacy) on the chain =
(=E2=80=9Cmaintaining consensus=E2=80=9D is obviously an argument =
against any protocol change, so that=E2=80=99s a red =
herring)? <o:p></o:p></p></div><div><p =
class=3DMsoNormal><o:p> </o:p></p></div><div><p =
class=3DMsoNormal>And is it your theory that only an =
=E2=80=9Chonest=E2=80=9D (statute abiding) person should have privacy, =
and not against the state, and/or that mixers are sufficient =
privacy?<o:p></o:p></p></div><div><p =
class=3DMsoNormal><o:p> </o:p></p></div><div><p =
class=3DMsoNormal>Personally, I=E2=80=99m not moved by such an argument. =
What do you think is the value proposition of =
Bitcoin?<o:p></o:p></p></div><div><p =
class=3DMsoNormal><o:p> </o:p></p></div><div><p =
class=3DMsoNormal>e<o:p></o:p></p></div><div><p =
class=3DMsoNormal><br><br><o:p></o:p></p><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'>On Mar 1, 2021, at 14:21, LORD HIS =
EXCELLENCY JAMES HRMH via bitcoin-dev <<a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.l=
inuxfoundation.org</a>> =
wrote:<o:p></o:p></p></blockquote></div><blockquote =
style=3D'margin-top:5.0pt;margin-bottom:5.0pt'><div><p =
class=3DMsoNormal>=EF=BB=BF <o:p></o:p></p><div><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>Good =
Afternoon,<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>I =
am going to take tough terms with much of your reply and do appreciate a =
courteous practice. Having previously made public disclosure of my =
affiliation with Jambler.io it seems sufficient to disclose my =
affiliation through the link in my email signature =
block.<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>My concern is not increased =
privacy it is maintaining consensus values and the transparency of the =
blockchain wherein all transactions are published in an immutable record =
and that forbids the redaction of information by any obfuscation. A =
separate concern is the availability of a privacy suitable for cash =
should a Bitcoin user desire and especially without disturbing the =
existing consensus.<o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>The use of a Bitcoin Mixer is to =
enable standard equivalent privacy. As you may experience yourself, you =
do not allow people to follow you around looking in your purse, suppose =
you are dealing entirely with cash, and to see where and how much you =
fill it up, and where you spend. Nonetheless, for an honest person, =
their wallet is available for government audit as are their financial =
affairs. This is consistent with the existing operation of =
consensus.<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>My full email signature block is =
a disclosure where I have some affiliation with the referenced website =
being that it carries at least some information that I have provided or =
that in some way I am associated perhaps only making use of their =
services. For example, I hardly make a profit from LinkedIn just my =
information is there. Also, I have made previous public disclosure of =
the affiliation. Bitcoin Mixer 2.0 is a partner mixer run by Jambler.io =
wherein I receive a service referral fee and am not in receipt of any =
part of the process transaction. The operation block diagram provided by =
Jambler.io is provided here and =
attached.<o:p></o:p></span></p></div><div><div><div><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><ip.bitcointalk.org.png><o:p=
></o:p></span></p></div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>[ip.bitcointalk.org.png]-Operation=
of Jambler.io partner mixer<o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'><a =
href=3D"https://ip.bitcointalk.org/?u=3Dhttps%3A%2F%2Fjambler.io%2Fimages=
%2Fscheme-1.png&t=3D622&c=3DgTi7r1cfh-yynw">https://ip.bitcointal=
k.org/?u=3Dhttps%3A%2F%2Fjambler.io%2Fimages%2Fscheme-1.png&t=3D622&a=
mp;c=3DgTi7r1cfh-yynw</a><o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>from this =
thread <a =
href=3D"https://bitcointalk.org/index.php?topic=3D5267588">https://bitcoi=
ntalk.org/index.php?topic=3D5267588</a><o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>The installation script provided =
by Jambler.io that is the basis of my referral website is also publicly =
published,<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><a =
href=3D"https://github.com/jambler-io/bitcoin-mixer">https://github.com/j=
ambler-io/bitcoin-mixer</a><o:p></o:p></span></p></div><p =
class=3DMsoNormal><o:p> </o:p></p><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>The disclosure for the partner =
program is available from Jambler.io however and is made prominently on =
my referral website. While it may seem lucrative at first I insist all =
partner profits are reportable on your personal =
income.<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><a =
href=3D"https://jambler.io/become-partner.php">https://jambler.io/become-=
partner.php</a><o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>I =
am certainly better than confident that you appreciate the difference =
between an open and transparent blockchain and the ability of the user =
to not reveal details of the content of their wallet =
publicly.<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>If further clarification is =
required may I suggest you pay a token and mix some Bitcoin wherein our =
discussion may then have some point of =
reference.<o:p></o:p></span></p></div></div><div><p =
class=3DMsoNormal><o:p> </o:p></p></div><div><div =
id=3D"x_Signature"><div><div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>KING JAMES =
HRMH<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>Great British =
Empire<o:p></o:p></span></p><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>Regards,<o:p></o:p></span></p></di=
v><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>The =
Australian<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>LORD HIS EXCELLENCY JAMES HRMH =
(& HMRH)<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>of Hougun Manor & Glencoe =
& British Empire<o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>MR. =
Damian A. James Williamson<o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>Wills<o:p></o:p></span></p></div><=
div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>et =
al.<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'> <o:p></o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>Willtech<o:p></o:p></span></p></di=
v><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><a =
href=3D"http://www.willtech.com.au">www.willtech.com.au</a><o:p></o:p></s=
pan></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><a =
href=3D"http://www.go-overt.com">www.go-overt.com</a><o:p></o:p></span></=
p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>and other =
projects<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'> <o:p></o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>earn.com/willtech<o:p></o:p></span=
></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>linkedin.com/in/damianwilliamson<o=
:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>m. =
0487135719<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>f. =
+61261470192<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<p class=3DMsoNormal><span style=3D'font-size:10.0pt;color:black'>This =
email does not constitute a general advice. Please disregard this email =
if misdelivered.</span><span =
style=3D'font-size:12.0pt;color:black'><o:p></o:p></span></p></div></div>=
</div></div></div><div><div class=3DMsoNormal align=3Dcenter =
style=3D'text-align:center'><hr size=3D2 width=3D"98%" =
align=3Dcenter></div><div id=3D"x_divRplyFwdMsg"><p =
class=3DMsoNormal><b><span style=3D'color:black'>From:</span></b><span =
style=3D'color:black'> Ariel Lorenzo-Luaces <<a =
href=3D"mailto:arielluaces@gmail.com">arielluaces@gmail.com</a>><br><b=
>Sent:</b> Monday, 1 March 2021 12:07 AM<br><b>To:</b> LORD HIS =
EXCELLENCY JAMES HRMH <<a =
href=3D"mailto:willtech@live.com.au">willtech@live.com.au</a>>; =
Bitcoin Protocol Discussion <<a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.l=
inuxfoundation.org</a>><br><b>Subject:</b> Re: [bitcoin-dev] Taproot =
NACK</span> <o:p></o:p></p><div><p =
class=3DMsoNormal> <o:p></o:p></p></div></div><div><div><p =
class=3DMsoNormal style=3D'margin-bottom:12.0pt'>Hello LORD HIS =
EXCELLENCY JAMES HRMH<o:p></o:p></p></div><div><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'>I find a striking dichotomy between your =
concern of increased privacy in bitcoin and your link to a bitcoin mixer =
in your signature <a =
href=3D"http://www.go-overt.com">www.go-overt.com</a><o:p></o:p></p></div=
><div><p class=3DMsoNormal style=3D'margin-bottom:12.0pt'>At first your =
concerns seemed genuine but after seeing your promotion of a bitcoin =
mixer I'm thinking your concerns may be more profit motivated? I can't =
tell since you failed to disclose your relationship with the =
mixer.<o:p></o:p></p></div><div><p class=3DMsoNormal =
style=3D'margin-bottom:12.0pt'>Could you please clarify your association =
with the bitcoin mixer and moving forward could you please always do =
proper disclosure any time you're publically talking about bitcoin =
transaction privacy. It's only fair to do so as to not mislead people in =
an attempt to manipulate at worst and just a courteous practice at =
best.<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Cheers<o:p></o:p></p></div><div><p =
class=3DMsoNormal>Ariel Lorenzo-Luaces<o:p></o:p></p></div><div><p =
class=3DMsoNormal>On Feb 28, 2021, at 4:36 AM, LORD HIS EXCELLENCY JAMES =
HRMH via bitcoin-dev <<a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" =
target=3D"_blank">bitcoin-dev@lists.linuxfoundation.org</a>> wrote: =
<o:p></o:p></p><blockquote style=3D'border:none;border-left:solid =
#CCCCCC 1.0pt;padding:0in 0in 0in =
6.0pt;margin-left:4.8pt;margin-right:0in'><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>Good Evening,</span> =
<o:p></o:p></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>Thank-you for your advice <span =
class=3Dxxapple-converted-space> </span> <a =
href=3D"https://twitter.com/JeremyRubin" =
target=3D"_blank">@JeremyRubin</a> <span =
class=3Dxxapple-converted-space> </span>on the basis you advise, =
"Taproot does not enable monero-like privacy features", I am =
prepred to withdraw my NACK notably that the existing feeatures of =
Bitcoin MUST be maintained, and whereby the UTXO of a transaction is =
identifiable, the PayTo Address, and the amount all without any =
obfuscation. <o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>Lightning does not really =
provide obfuscation, it provides a result of a subset of transactions =
although the operation of the channel is observable to the parties. =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>The =
reports I were reading concerning the supposed operation of Taproot =
published in a public media channel may have been speculation or =
misinformation nonetheless it is prudent to conditionally reply as you =
see that I have. It is important not to allow things to slip through the =
cracks. As you may believe may astute reviewers could make a full =
disclosure to this list it is not to be expected. =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>KING =
JAMES HRMH <o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>Great British Empire =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>Regards, =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>The Australian =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>LORD HIS EXCELLENCY JAMES HRMH =
(& HMRH) <o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>of Hougun Manor & Glencoe =
& British Empire <o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>MR. Damian A. James Williamson =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>Wills <o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>et al. =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'> =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>Willtech =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><span =
class=3DMsoHyperlink>www.willtech.com.au</span> <o:p></o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'><span =
class=3DMsoHyperlink>www.go-overt.com</span> <o:p></o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>and =
other projects <o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'> <o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>earn.com/willtech =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>linkedin.com/in/damianwilliamson =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cantarell",serif'>m. =
0487135719 <o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'>f. +61261470192 =
<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Cantarell",serif'><o:p> </o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Cantarell",serif'>This email does =
not constitute a general advice. Please disregard this email if =
misdelivered.</span> <o:p></o:p></p><div><div class=3DMsoNormal =
align=3Dcenter style=3D'text-align:center'><hr size=3D2 width=3D"98%" =
align=3Dcenter></div><div id=3D"x_x_divRplyFwdMsg"><p =
class=3DMsoNormal><b><span style=3D'color:black'>From:</span></b><span =
style=3D'color:black'> Jeremy <<a =
href=3D"mailto:jlrubin@mit.edu">jlrubin@mit.edu</a>><br><b>Sent:</b> =
Sunday, 28 February 2021 3:14 AM<br><b>To:</b> LORD HIS EXCELLENCY JAMES =
HRMH <<a =
href=3D"mailto:willtech@live.com.au">willtech@live.com.au</a>>; =
Bitcoin Protocol Discussion <<a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.l=
inuxfoundation.org</a>><br><b>Subject:</b> Re: [bitcoin-dev] Taproot =
NACK</span> <o:p></o:p></p><div><p class=3DMsoNormal> =
<o:p></o:p></p></div></div><div><div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:black'>I =
have good news for you: Taproot does not enable monero-like privacy =
features any moreso than already exist in Bitcoin today. At its core, =
taproot is a way to make transactions with embedded smart contracts less =
expensive, done so in a manner that may marginally improve privacy =
dependent on user behavior (but not in the monero-like way you mention). =
For example, it makes it possible for lightning channels to look =
structurally similar to single key wallets, but it does nothing =
inherently to obfuscate the transaction graph as in monero. =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p> </o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:black'>Suc=
h "monero-like" transaction graph obfuscation may already =
exist in Bitcoin via other techniques (coinjoin, payjoin, coinswap, =
lightning, etc) with or without Taproot, so the point is further moot. =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p> </o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:black'>Do =
you have a source on your reporting? <o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p> </o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:black'>You=
may wish to rescind your nack. <br =
clear=3Dall><o:p></o:p></span></p></div><div><div><div><p =
class=3DMsoNormal><o:p> </o:p></p></div><div><p =
class=3DMsoNormal><o:p> </o:p></p></div><div><p =
class=3DMsoNormal>-- <br><a href=3D"https://twitter.com/JeremyRubin" =
target=3D"_blank">@JeremyRubin</a> <o:p></o:p></p></div></div></div><p =
class=3DMsoNormal><o:p> </o:p></p></div><p =
class=3DMsoNormal><o:p> </o:p></p><div><div><p class=3DMsoNormal>On =
Sat, Feb 27, 2021 at 5:46 AM LORD HIS EXCELLENCY JAMES HRMH via =
bitcoin-dev < <a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.l=
inuxfoundation.org</a>> wrote: <o:p></o:p></p></div><blockquote =
style=3D'border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in =
6.0pt;margin-left:4.8pt;margin-right:0in'><div><div><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>Good =
Afternoon, <o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>It has been reported that Taproot =
will enable some Monero like features including the ability to hide =
transactions. <o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>If that is the case I offer a =
full NACK and let me explain. <o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>A =
part of the benefit of using Bitcoin is its honesty. The full =
transaction is published on the blockchain. If that were to change so =
that transactions may be obfuscated from scrutiny then any government =
would have unlimited impetus to ban Bitcoin, and speculation has that is =
the reason India has been reported to have banned cryptocurrencies =
already. <o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>I =
am in support of the expanded use case of Bitcoin without harming the =
established robust fairness and equal equity offered. The core =
functionality of Bitcoin, its values, must remain unaltered. =
<o:p></o:p></span></p></div><div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p><div><=
p class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>KING =
JAMES HRMH <o:p></o:p></span></p></div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>Great British Empire =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div id=3D"x_x_x_gmail-m_4980216234097253335Signature"><div><div><div><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>Regards, =
<o:p></o:p></span></p><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>The Australian =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>LORD HIS EXCELLENCY JAMES HRMH =
(& HMRH) <o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>of Hougun Manor & Glencoe =
& British Empire <o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>MR. =
Damian A. James Williamson <o:p></o:p></span></p></div><div><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt;color:black'>Wills =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>et al. =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'> =
<o:p></o:p></span></p></div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>Willtech =
<o:p></o:p></span></p><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><a =
href=3D"http://www.willtech.com.au" =
target=3D"_blank">www.willtech.com.au</a> =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><a =
href=3D"http://www.go-overt.com" target=3D"_blank">www.go-overt.com</a> =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>and other projects =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'> =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><a =
href=3D"http://earn.com/willtech" =
target=3D"_blank">earn.com/willtech</a> =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><a =
href=3D"http://linkedin.com/in/damianwilliamson" =
target=3D"_blank">linkedin.com/in/damianwilliamson</a> =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>m. 0487135719 =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'>f. +61261470192 =
<o:p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:12.0pt;color:black'><o:p> </o:p></span></p></div>=
<div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;color:black'>This email does not constitute a =
general advice. Please disregard this email if misdelivered.</span><span =
style=3D'font-size:12.0pt;color:black'> =
<o:p></o:p></span></p></div></div></div></div></div></div></div><p =
class=3DMsoNormal>_______________________________________________ =
<br>bitcoin-dev mailing list <br><a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" =
target=3D"_blank">bitcoin-dev@lists.linuxfoundation.org</a> <br><a =
href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" =
target=3D"_blank">https://lists.linuxfoundation.org/mailman/listinfo/bitc=
oin-dev</a> =
<o:p></o:p></p></blockquote></div></div></div><pre>=C2=A0<o:p></o:p></pre=
><pre style=3D'text-align:center'><hr size=3D2 width=3D"100%" =
align=3Dcenter></pre><pre><br>bitcoin-dev mailing list<br><a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.l=
inuxfoundation.org</a><br><a =
href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev">h=
ttps://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev</a><o:p></o=
:p></pre></blockquote></div></div></div><div><p =
class=3DMsoNormal><ip.bitcointalk.org.png><o:p></o:p></p></div><p =
class=3DMsoNormal>_______________________________________________<br>bitc=
oin-dev mailing list<br><a =
href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.l=
inuxfoundation.org</a><br><a =
href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev">h=
ttps://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev</a><o:p></o=
:p></p></div></blockquote></div></div></div></body></html>
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