Theres a kind of cryptographic toxic waste, which if it were to be created and exploited, would allow the attacker to counterfeit currency (although it wouldnt allow them to violate anyones privacy). Our plan to prevent that uses a secure multiparty computation in which a set of well-known people each contribute, in such a way that if any one of them successfully destroys their shard, then the cryptographic toxic waste can never come into existence. Were also working on other potential long-term defenses against risks like this.
Can, and will, these long term defenses be implemented after the launch of the mainnet? Once implemented, the free money printing ability is disabled?
Why not fix this cryptographic toxic waste mess before the start of the mainnet? Even if you are right and it is no big issue. Let's assume this for now. Many people will keep bringing this up. An this, even if it really is FUD objectively, the subjective masses believing it will put the price down and hinder the success of the project.
The other theoretical attack against this is that ALL of the people involved in creating the parameters either collude with everyone else or they run compromised hardware/software that allows an attacker to reconstruct the entire dataset.
Now maybe some govt can run a mission impossible type of op to counteract all the countermeasures in place, but even if the parameters are compromised, the privacy wont be. And since the only entities that I can conceive of that can even think about running such an operation can already print all the money they want, they have no incentive to do such a low return project.
What's your motivation not to keep the cryptographic toxic waste? You cannot break the privacy. That is great, so no one will try to force you to.
But you can for yourself milk komodo like a cow. Generate yourself a few coins every once in a while. You just would not milk your cow to much so no one notices. Isn't that just way too attractive not to do?