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GreenStar ,

Checking with proton themself, the main reason seems to be to further resistance in case another instance of a issue they had in initial funding, where paypal blocked all payments to them. A wallet was also heavily requested by business users, and proton is using randomization to reduce tracking detailed on their site. So long as they next work on environmental impact to balance out this stuff, proton is fine still. Here is the code for the wallet: github.com/ProtonWallet

GreenStar ,

The reason they don’t support Monero at the moment is due to a few reasons, one of those being, proton doesn’t want to be a main support for illegal activity which means while they may adopt it eventually, they will be a late adopter. Proton is for privacy, not anonymity.

0laura ,
@0laura@lemmy.world avatar

cringe. monero is basically the only viable cryptocurrency. the rest is just for gambling.

archchan ,

Proton Wallet caught me off guard, especially since people have been asking for basic features forever. Questionable decision making. But I guess if I ever get interested in bitcoin or crypto in general for some reason, I trust Proton to make a good product that aligns with my principles. Upset they don’t support Monero though.

And I like the LLM proofreader. That’s just a genuinely useful feature to me.

Drewski ,

Bitcoin isn’t private, you can see how much BTC a sender or recipient is holding and what transactions they’ve made. I’d argue that without privacy mitigations such as a mixing service it’s even less private than credit cards. They should have gone with Monero instead.

makeasnek , (edited )
@makeasnek@lemmy.ml avatar

You can make as many Bitcoin addresses as you want. You can look up an addresses balance but not a wallet’s balance. It’s not as clear as you’re making it sound.

Bitcoin over Lightning is much, much more opaque, and it’s where the majority of Bitcoin transactions are now occurring. You can’t look up somebody’s balance. The only people who know about the transaction are you, the recipient, and any intermediary nodes used to forward the transaction. Privacy is continuing to improve on lightning and main chain.

bitwolf ,

It’s not supposed to be private. However it’s very effective at being pseudo-anonymous

makeasnek ,
@makeasnek@lemmy.ml avatar

It’s open source, and it’s fully self-custody which are two important features. Having a wallet directly integrated into the e-mail client is nice, being able to send payments to other users just knowing their e-mail address instead of their public key is pretty cool. It does automatic address rotation to preserve privacy. Wish it supported lightning for cheaper/faster transactions and additional privacy but hopefully that feature comes in time.

TypicalHog ,

Proton is so based ngl like fr fr

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