Privacy

32159 readers

323 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
Don't promote proprietary software
Try to keep things on topic
If you have a question, please try searching for previous discussions, maybe it has already been answered
Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
Be nice :)

Related communities

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago

MODERATORS

Does GNU Taler provide all the privacy benefits of crypto without any drawbacks? (taler.net)

submitted 3 months ago by ModerateImprovement@sh.itjust.works to c/privacy@lemmy.ml

32 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] jet@hackertalks.com 14 points 3 months ago* (last edited 3 months ago) (2 children)

We have a fight about Taler every few weeks.

I'll summarize:

Positives

Centralized, no bad people doing bad things
Fast, because its centralized
Doesn't use proof of work, because its centralized
No currency conversion, because its centralized it can stay in Fiat

Cons

Centralized, if the central authority thinks you or your business is bad your shit out of luck
Discoverable, the Central authority has all the information to deconstruct all activity (yes they do, no really, they do)
Not actually private
A solution looking for a problem

Fight amongst yourselves repeating the above points.

If you care about privacy you will use Monero, if you care about centralization you will use whatever your local bank transfer system is.

[–] poVoq@slrpnk.net 7 points 3 months ago (1 children)

Taler is not centralised. I think you are thinking of CBDC?

Taler could be described as semi-centralized at best. You are free to chose your exchange and you can easily use multiple the same time. It really isn't that different to crypto-currencies in that regard if you consider the need of fiat exchanges for real world use there as well.

[–] jet@hackertalks.com 1 points 3 months ago (1 children)

Sure, I agree with that...

Taler is like a decentralized protocol where every transaction has to be tied to a fully KYCed CEX. (Know your customer, central exchange/bank).

[–] poVoq@slrpnk.net 2 points 3 months ago

That's not quite how Taler works. Yes, the exchange will know when you generate Taker tokens from fiat, but that is similar to going to an ATM and getting cash. Afterwards the exchange has no means to track what you spend the tokens on.

[–] FaceDeer@fedia.io 4 points 3 months ago

I should note, there are cryptocurrencies that also don't use proof of work. Ethereum, the second-largest, switched away from proof of work two and a half years ago.