Recently I found this paper:
http://wbl.github.com/bitcoinanon.pdfI read it once, and realize it's just too much to me. Satoshi's paper I could grasp, this one talks about things I've never heard of.
I imagine I could spend days or weeks trying to dig through the references, studying them and finally understand what Mr. Ladd is proposing. But well, I'm not a cryptographer, I have my ordinary job to watch for, and I guess I'm just too lazy for that.
Has anyone here with deep cryptography knowledge understood the paper? Could you eventually explain what is he proposing and how could that eliminate traceability in bitcoin transactions, with simple analogies that a mere mortal like me would understand?
I mean, I do understand the principles of symmetric and asymmetric cryptography, and I believe I do understand the basic of blinded signature (you sign an encrypted piece of data and in the same shot you also sign its unencrypted form, without knowing it). But I just can't understand what the hell Alice is doing with all those B-named men in the paper.....