Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 60. (Read 9723748 times)

That is still one case about a Federal Prosecutor on a specific case with the full power of her office.
Does not mean all Bitcoin Mixer transactions are fully traced every minute / hour / day.

A Federal Prosecutor could maybe do that to a Monero transaction as well these days. So many analytical tools available these days.

Take time to watch the link i gave you...they got caught eventhough they used mixers...the mixings got unscambled btw

I can manually mix something by splitting my amount and sending them from one address to multiple addresses multiple times and someone else can indeed unscramble
that mixing through use of analytical tools. That is not the same as using Bitcoin Mixers though. Provide some specific proof that Bitcoin Mixers can be fully traced these days.

What revaluation do you assume for BTC during that 7x of the altcoins?

Thank you.

Two words, mixing and unscramble--explains everything.

Regulators hovering around exchanges demanding transparency and traceability...it is not about you or me.

Therefore..delist.

I am not sure the criminals actually used Bitcoin Mixers there. Looks more like just normal Bitcoin transactions being traced by the Federal Prosecutor, who obviously has a lot
of analyzing tools available to her. Analyzing tools you and i don't have. There is also some talk about early tech or something ? Bitcoin Mixers these days are most likely
far more secure then those early tech Bitcoin Mixers, if those were Bitcoin mixers in the first place.

Stating that Bitcoin Mixed transactions are fully traceable by someone like you or me seems like an overstatement.


I agree with that.

The only real difference between Bitcoin's (and LTC's, BCH's, etc) coinjoin and Dash's to my knowledge is a question of trust.

Dash provides a decentralized version of coinjoin where the user doesn't have to hand their coins over and hope they get them back. Dash provides up to 16 rounds of mixing. Since Bitcoin's solutions are centralized, I doubt they really have a mixing limitation. They can pretty much do what they want and they likely have more inputs to mix with.

In practice and if done properly I doubt someone can trace either Bitcoin or Dash transactions once mixed and after the fact.

I've seen many claims that it's been broken but followed by no proof. Perhaps if a transaction (either from Dash or Bitcoin) can be de-anonymyzed and it isn't the result of an obvious user error I'd change my mind.

Now regarding Monero trolling... I'm one of those people who can't seem to pick just one coin. However, it was specifically because of the heavy XMR trolling/hate on multiple threads that I avoided XMR altogether. Of course I regret that, because it's different tech and it does offer something useful to the crypto world. I don't believe a crypto can be true money without privacy. theymos and other BTC maximalists love the XMR crew as they always played buddy-buddy with big brother BTC while praising its superiority all the while attacking all other alts. Charlie Lee and LTC largely played the same game. Dash in contrast went right at BTC and has suffered quite the backlash over the years.

Still though, I can't see any one of these 3, LTC, XMR or DASH just going away. They've all established a decent enough network effect and are all in bull markets vs USD and are all poised for an easy 7x when the time is right. It'll likely be quick, one first, within a 2 week period sometime in the coming months, then the others will follow.

Yup. Told them

https://www.youtube.com/watch?v=ktkORjPHZvE

Tell that to all the Bitcoin users still using those mixers.
As long as the Bitcoin mixers don't get compromised, Bitcoin transactions can't be traced very easily. Maybe with a lot of effort by companies specialized in tracing transactions, maybe.
But not by you or me.

Nope, they are not anonymous--those bitcoin mixers.

Overruled.

Lets re-open the case.

Bitcoin open blockchain is pseudo-anonymous by default --> fully traced
Bitcoin users chosing Bitcoin Mixers to mix their transactions --> anonymous (just lower level then Dash)

Only if Bitcoin Mixers get compromised can Bitcoin transactions be fully traced.

 

"Less likely it can be traced" is anonymous enough for delisting in my eyes.

Since coinjoin can be fully traced, we can say bitcoin is not anonymous.

Case closed. Thank you for your cooperation.  

Less likely, but the anonymity can be undermined by users not understanding the limitations of CoinJoin itself :

* don't use a fixed address before mixing sessions and after mixing sessions
* don't send the exact same amount before mixing and after mixing
* don't include a lot of input amounts (>10) in transactions
* lowering the rounds of mixing affects the anonymity, particularly on smaller networks

Even i have difficulty with number 3, sometimes (most of the times) skipping it.

I'll use 'trace' instead of anonymous since you are slippery hehe

Coinjoin can be traced.

Can dash mid-high level privatesend be traced?

Bitcoin open blockchain has pseudo anonymous per default (transactions can be fully traced on the blockchain)
Dash open blockchain has pseudo anonymous per default (transactions can be fully traced on the blockchain)

Bitcoin users can choose to use Bitcoin CoinJoin mixers to further anonymize their transactions --> anonymous transactions
Dash users can choose to use PrivateSend (a form of CoinJoin) to further anonymize their transactions from 1-16 rounds --> anonymous transactions

The more mixing, the higher the level of anonymous.

Before coinjoin existed, bitcoin was considered anonymous until it isn't anymore.

Now..coinjoin is not anonymous anymore too, therefore bitcoin is not anonymous...so back to dash.

So..dash mid to high level anonymity option..is it anonymous or not?

This is about regulators wanting things to be transparent 'all the time', this is not about optional(dash) or not (monero)

Nobody outside of masternode holders has any difficulty with understanding this and it has therefore exposed a major flaw in the governance system. Turkeys & Christmas.


Indeed. Since there's no point in being a means of exchange without being a store of value first.

low level anonymity or high level anonymity = low level anonymous or high level anonymous
Both Bitcoin and Dash therefore have optional anonymous transactions / optional anonymity on transactions available to them

The difference is in the level of anonymity / anonymous
This is different with privacy coins like Monero that provide private transactions on default, through a closed blockchain.

We all know bitcoin low level anonymity is not anonymous.

Let me rephrase, the high level of anonymity feature of dash is anonymous or not?

Both Dash and Bitcoin can optional have anonymity on their transactions.
Bitcoin is stuck with low level anonymity when users want anonymity on their transactions.
Dash provides options : low anonymity - mid level anonymity - high level anonymity (by having users set number of rounds to mix anywhere between 1-16 rounds).

According to your logic both Bitcoin and Dash should be delisted from exchanges for having optional anonymity on their transactions.
You do see the problem there, right ?