How do you implement anonymous peer discovery against someone who can tap the whole internet ?
How to launder Bitcoins
21–30 of 85 posts
Re: How to launder Bitcoins
#22Earlier quoted context omitted.
That's generally not the case. You might be able to see some of my funds, but certainly not the entire contents of my wallet unless you're using very broken ones. I've hundreds of different inputs in my wallet, and you'd only be seeing one of them.
I think the danger of the public nature of the blockchain is way overstated. It's fairly trivial to introduce reasonable doubt into your transaction history, blockchain analysis is nowhere near as useful to law enforcement as some people think. The situation I worry about more is when someone is operating outside of the law, for example if you legitimately but unknowingly end up with some coins that were previously s…
That's why you split the coins repeatedly as you mix them. You don't want more than 0.1% of someone's "dirty" history. Client-side statistical analysis allows each node to decide which coins are good for them personally. (So that all coins are "far" away from each other.)
Re: How to launder Bitcoins
#23How do you implement anonymous peer discovery against someone who can tap the whole internet ?
Tor works somehow and NSA admits that it's a pain in the ass even for them. When someone targets you specifically, you have little chances, but when the whole network routinely mixes coins it's much easier to hide in the woods.
Re: How to launder Bitcoins
#24Something I wonder about is whether an isp or peer nodes could detect the transactions are coming from you.
There's Tor. In addition, your ISP never sees transactions coming to you. You can later spend your newly received coins from some other network.
Re: How to launder Bitcoins
#25How do you implement anonymous peer discovery against someone who can tap the whole internet ?
Tor works somehow and NSA admits that it's a pain in the ass even for them. When someone targets you specifically, you have little chances, but when the whole network routinely mixes coins it's much easier to hide in the woods.
Does tor conceal the fact that you're using TOR, i.e. peer discovery ? because i got the impression it didn't , that it only did conceal end to end links.
Re: How to launder Bitcoins
#26Re: How to launder Bitcoins
#27I might have missed something, but how can we be sure that malicious nodes do not just steal your money?
Re: How to launder Bitcoins
#28I'm starting to get sick of these Bitcoin posts.
Get used to it. This now is a bigger part of the tech world than NodeJS and friends.
then the tech world just got 1000x more boring. I thought people got into the startup world because they wanted to AVOID wall street....
best thing the author said lol -- I recommend governments to shut down the entire network to prevent people from doing nasty things with Bitcoin. amen
Btw VMG this is the last you'll hear from me! I'm trying to resolve to not read/comment on any more Bitcoin posts. It's fueling the fire of boredom. I gotta code somethin cool in the next few months so we can have a new headline on this site finally.
Re: How to launder Bitcoins
#29Something I wonder about is whether an isp or peer nodes could detect the transactions are coming from you.
The Bitcoin protocol isn't encrypted (it can't be, nodes have no identities in the network), and doesn't attempt to mask itself in any way. An ISP can absolutely log every transaction relayed by their customers... of course, it's still impossible to determine whether that person actually created that transaction
Re: How to launder Bitcoins
#30I'm starting to get sick of these Bitcoin posts.
HN needs a downvote button for articles. I think that would solve this quickly.