Anonymity - page 3. | Bitcointalksearch.org

MakeBelieve

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Quote from: Raya on February 19, 2014, 03:39:47 PM

Bitcoin is not as anoymous as people think just take a look at the scam accusations and how many people get caight almost 90%.

It is anoymous if the right guidelines are followed and most people follow them pretty good and I would say that the scam accusation area is normally filled with newbies or don't value annoymity and just want to scam coin quickly luckily they do that and we can find out who they are.

marcus_of_augustus

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Eadem mutata resurgo

Fungibility. Good money needs to be fungible or the whole system of that money is inefficient as a medium of exchange and will inevitably break down.

It is not about anonymity per se but traceability. In the realm of digital money it must be untraceable to be fungible. Any piece of bitcoin must be indistinguishable from any other piece of bitcoin.

Anonymity can be a natural side-effect of untraceable digital money but is not necessarily a goal in itself.

traderman

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Zerocoin from what I have read is still theoretical and the math behind it has not been tested for loopholes yet. There are issues with the block chain bloating as well.
So it is a long way away from a fully functional crypto.

Quote from: guybrushthreepwood on February 19, 2014, 04:14:17 PM

Quote from: traderman on February 19, 2014, 04:11:43 PM

There is a new anonymous cryptocurrency called Darkcoin that uses the "coinjoin" technology. Sound promising so far. There are many reason to have an anonymous blockchain. Think Wikileaks, Gambling, Investigative Journalism etc...

Article: http://razorsforex.blogspot.com/2014/02/darkcoin-anonymous-cryptocurrency.html

What happened to that zerocoin or whatever it was that they were meant to be developing on top of the blockchain or something?

s_s

newbie

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Quote from: guybrushthreepwood on February 19, 2014, 04:14:17 PM

Quote from: traderman on February 19, 2014, 04:11:43 PM

There is a new anonymous cryptocurrency called Darkcoin that uses the "coinjoin" technology. Sound promising so far. There are many reason to have an anonymous blockchain. Think Wikileaks, Gambling, Investigative Journalism etc...

Article: http://razorsforex.blogspot.com/2014/02/darkcoin-anonymous-cryptocurrency.html

What happened to that zerocoin or whatever it was that they were meant to be developing on top of the blockchain or something?

It is being developed as an independent stand alone crypto separate from bitcoin.

guybrushthreepwood

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Quote from: traderman on February 19, 2014, 04:11:43 PM

There is a new anonymous cryptocurrency called Darkcoin that uses the "coinjoin" technology. Sound promising so far. There are many reason to have an anonymous blockchain. Think Wikileaks, Gambling, Investigative Journalism etc...

Article: http://razorsforex.blogspot.com/2014/02/darkcoin-anonymous-cryptocurrency.html

What happened to that zerocoin or whatever it was that they were meant to be developing on top of the blockchain or something?

traderman

legendary

Activity: 1260

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There is a new anonymous cryptocurrency called Darkcoin that uses the "coinjoin" technology. Sound promising so far. There are many reason to have an anonymous blockchain. Think Wikileaks, Gambling, Whistle blowers, Investigative Journalism etc...

Article on Darkcoin: http://razorsforex.blogspot.com/2014/02/darkcoin-anonymous-cryptocurrency.html

s_s

newbie

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There are some other legitimate reasons for the need for some degrees of privacy associated with bitcoin transactions that no one else has mentioned.

For example for companies to protect certain trade information that they are not required otherwise to make public and might be an advantage to competitors...or for example to prevent employees from being able to deduce what other coworker salaries are etc.

In many ways the blockchain actually can be "more" revealing with respect to transactions of some people than the way things are done now.

franky1

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the answer to bitcoins anonimity is the same question people ask about governments trying to remove bank notes, where everyone is forced to use debit cards.

do you really want your bank selling your personal information to businesses
do you really want to have your wife finding out about that expensive gift you bought your mistress
do you want banks to inform the tax man of that $£100 your gran sent you as a birthday gift, where they would bite £$20+ out of it
do you really want you bank manager knowing you frequent casino's when you try to apply for a loan and be told that your a financial risk
do you really want to have no privacy?

RodeoX

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The revolution will be monetized!

Some people in the world do not have the luxury of rights and freedom. For them circumventing the systems that would persecute them is moral, in my opinion. What if you are a Syrian fighting the government?
Even us in the U.S.A. face attempts to stop us from donating to wikileaks or Edward Snowden. Anonymity must be preserved as a balance against tyranny.

corebob

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It provides neutrality for everyone whether you are wealthy or not, and it provides protection from oppressive governments.

With the combination of decentralization and anonymity, a true democracy is suddenly within reach.

Cryptopher

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Keep it dense, yeah?

Quote from: hilariousandco on February 19, 2014, 03:46:41 PM

Quote from: practicaldreamer on February 19, 2014, 03:37:20 PM

Might be a naive question for some - but why is anonymity such a priority for BTC ? Why is Amir concentrating on it with Dark Wallet ? How will the anonymity of transactions benefit the average Jo (who probably won't have 2 bits to scratch his arse with anyway) ? I can see how it would be of benefit to the wealthy and their respective tax liabilities Wink

Because some people value anonymity and privacy, and various governments are trying to spy on everything we do, and to some people they don't want governments to know every detail of their lives or what they might spend their money on.

Of course, in order to preserve anonymity then the user needs to play by certain rules. The problem is what if they are being spied on during their Bitcoin transactions?

That probably isn't a concern for the average Joe, but more for the likes of people who are already on a spy list lol.

keithers

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This is the land of wolves now & you're not a wolf

IMO it is not the anonymity of each specific transaction that matters. It is more so important that the government doesn't have eyes on, or can at the click of a button seize all your liquid assets. Anonymity is important to protect your net worth.

hilariousandco

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Join the world-leading crypto sportsbook NOW!

Quote from: practicaldreamer on February 19, 2014, 03:37:20 PM

Might be a naive question for some - but why is anonymity such a priority for BTC ? Why is Amir concentrating on it with Dark Wallet ? How will the anonymity of transactions benefit the average Jo (who probably won't have 2 bits to scratch his arse with anyway) ? I can see how it would be of benefit to the wealthy and their respective tax liabilities Wink

Because some people value anonymity and privacy, and various governments are trying to spy on everything we do, and to some people they don't want governments to know every detail of their lives or what they might spend their money on.

Cryptopher

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Keep it dense, yeah?

I wouldn't say that it is anonymous, but rather the connection between a Bitcoin address and a person is weaker.

For a bank account you need to provide identification and address details, whereas you can just create a new Bitcoin address ad-hoc. You have ownership of that account.

But with the Bitcoin address, it is simply a reference point that you choose to use, maybe for a few minutes, maybe for months. But it would take a lot to pin an actual person to that particular address, even if they post it with their forum handle etc.

I would describe Bitcoin as being much more lightweight than services like PayPal or banks, much more like digital cash transactions.

Raya

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Bitcoin is not as anoymous as people think just take a look at the scam accusations and how many people get caight almost 90%.

practicaldreamer

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Might be a naive question for some - but why is anonymity such a priority for BTC ? Why is Amir concentrating on it with Dark Wallet ? How will the anonymity of transactions benefit the average Jo (who probably won't have 2 bits to scratch his arse with anyway) ? I can see how it would be of benefit to the wealthy and their respective tax liabilities Wink

Is it a security issue ? Or is it ideological ?

It just seems to me that the main benefactors of BTC transaction anonymity would be the privileged class/wealthy/elite etc.

I don't ask the question to make a rhetorical point - I'm guessing the likes of Amir must have a good reason for it - I'm just not sure I understand that reason at this point Undecided

Topic: Anonymity - page 3. (Read 2495 times)