Privatebet before the start of the American Football season would have been killer. At least it can be released before the end of the season.
I am relying on a significant part of Privatebet from GUI guys, so my projections are when I have made beta releases. The time to test, GUI, etc. are beyond my control.
Also if I come up with ways of significantly improving Teleport (like 254 way multisig), it could delay things a bit more but we would get a significant improvement. One of the issues I am trying to improve is the trusted/normal teleports. The normal teleports are fine, but if we can get some meaningful amounts of trusted teleports then my assessment is that any chance the attacker has is, well gone.
Let me explain. When you send the telepod to the destination, it is cloned a random time after receipt. This mixes the cloning events on the blockchain with all the other teleports during this "clone smear" time window. The more people teleporting, the less likely even random chance will link the cloning event to you. However, this one to one correlation between teleporting and cloning bothers me. I cant figure out how it is possible to be taken advantage of, but there are guys smarter than me and maybe they can. Dont worry, even smart guys are not coming up with much more than random chance correlations. I just want to get it so that maybe it becomes clear there is simply no way to even attempt to correlate.
This is where the trusted teleports come in. What if there isnt a cloning event on the blockchain? Then only an attacker that knows you sent the telepod will even know you sent one, but of course the M of N rerouting casts doubt on this and if all nodes are doing some amount of sending, they wont even know you sent/received a telepod. This is for people with packet sniffers monitoring your ISP! So, let us imagine 10% of telepods are trusted teleports, now a telepod can change hands many times without any evidence anywhere that it did. How can there be correlations made when it still looks like someone four transactions ago still has it.
The risk of trusted teleports is the doublespend by sender, but using ripple's idea of trustlines we can enable some trusted teleports! I want to add the ability to specify a certain amount of trust given to another account and as long as they are sending telepod totals less than the trustline, it doesnt have to be cloned. I know this makes things a bit more complicated, but to have any amount of trusted teleports will not only be much faster, but create what I believe are insurmountable difficulties for the attacker
James
P.S. Not sure how long it will take me to add the trustlines, maybe not so long, but I think it is a nice improvement and solves the last remaining "weakness" of Teleport. I am sorry for the difficulties this creates to mathematically model, I cant even come up with an approach to do this with significant trusted teleports because there is no way to know how many transactions are happening