When SegWit is released in a few months, confidential transactions will be right around the corner
Bitcoin Users Reveal More Private Information Than They Realize
11–20 of 94 posts
Re: Bitcoin Users Reveal More Private Information Than They Realize
#12Shameless plug for Monero https://eprint.iacr.org/2015/1098.pdf (ring ct author here) edit: See also https://github.com/shennoether/ringct and https://github.com/monero-project/bitmonero
Thank you for your contributions, NobleSir. I think out of all the cryptocurrencies, if there's one that will take real market share away from Bitcoin, it'll be Monero.
Re: Bitcoin Users Reveal More Private Information Than They Realize
#13Bitcoin is a panopticon tool. That is why I use Monero instead.
Re: Bitcoin Users Reveal More Private Information Than They Realize
#14What's next? Well, true anonymity via zero knowledge proofs of course. https://z.cash/
Isn't 10% of mined zcash coins being skimmed by the founder?
Yes. z.cash centralizes control under a corporation, which makes it vulnerable to legal process and political risk, and it is what is known in the crypto world as a "pre-mine scam".
Re: Bitcoin Users Reveal More Private Information Than They Realize
#15I hope everybody here knows about BitcoinFog, Shared Send, and other mixers. And uses them for random transactions now and then to give the rest of us plausible deniability.
Re: Bitcoin Users Reveal More Private Information Than They Realize
#16What's next? Well, true anonymity via zero knowledge proofs of course. https://z.cash/
Isn't 10% of mined zcash coins being skimmed by the founder?
Yes, it's premined crap (well, not quite but it operates as such). But it's all open source and someone will fork it. The point is the crypto exists and it's from some quite reputable people so even as a premined shitcoin it may have a chance.
Re: Bitcoin Users Reveal More Private Information Than They Realize
#17Earlier quoted context omitted.
LOL Are you trolling? Because all those secret courts handing out secret gag orders really tell me that the law predicts privacy... Except that's not true at all. I can only assume you work for the government.
He didn't specify the US government, he just said "judicial law and oversights." Your attack is the equivalent of saying digital currencies are worthless because bitcoin has a security flaw.
Is there any government you would trust to keep your data from the NSA and similar organizations, though?
Re: Bitcoin Users Reveal More Private Information Than They Realize
#18Re: Bitcoin Users Reveal More Private Information Than They Realize
#19I hope everybody here knows about BitcoinFog, Shared Send, and other mixers. And uses them for random transactions now and then to give the rest of us plausible deniability.
Most mixers introduce points of centralization, which allow a party to steal your coins or allow them to break privacy.
JoinMarket is a good solution that works on Bitcoin today.
Monero is a good altcoin which will automatically mix your coins using crypto. I believe it is more powerful than JM but requires using an altcoin.
Zcash offers unmatched anonymity powered by fancy new crypto (less tested, less certainty on the security, but much more powerful). Still under development, but I'm guessing will be more ready in August.
Re: Bitcoin Users Reveal More Private Information Than They Realize
#20Shameless plug for Monero https://eprint.iacr.org/2015/1098.pdf (ring ct author here) edit: See also https://github.com/shennoether/ringct and https://github.com/monero-project/bitmonero
Thank you for your contributions, NobleSir. I think out of all the cryptocurrencies, if there's one that will take real market share away from Bitcoin, it'll be Monero.
no problem - these things are quite interesting to me.