CryptoNote has just ONE selling point.
Without anonymity it's just a terrible Bitcoin clone. Imagine Bitcoin with such a bloated and slow blockchain...
Why would anyone choose ring signature anonymity when on-demand mixing is much more efficient and bloat-avoidant? The adopting masses have no real-life use case were every single transaction must be anonymous. I don't give a flying fuck if the government knows that I bought a freaking hamburger at CrapDonald's with crypto.
Optional anonymity has the clear advantage here. The
user decides on his own terms which transaction is no one's business. No need to bloat our blockchain with millions of anonymous beer purchases. Improving a working and proven system like Bitcoin is always better than trying to reinvent the wheel.
Mandatory anonymity at the expense of efficiency & usability was a terrible idea.
CN can only hope the "coinbreaking flaw" rumors aren't true. The term "~BCX" should suffice here.
Anyway, I was bored so here's a PoS. Proof of Superiority.
