Darkpaper with nice graphics
Code review(s) to verify source code matches darkpaper
University professors to verify math in Darkpaper
->
Top 10 coinmarketcap and not just on pump, but as a long time resident!
This is most important thing we can do for BTCD
If anybody knows college professors we can hire, lets do it. We also need an easy to understand explanation so Teleport is not seen as mysterious magic, but as verified (multiple ways) method to achieve privacy. So I see a fully detailed black paper with university professor confirmation of important assumptions and an overview like
https://cryptonote.org/inside/ that is accessible to a lot more people
I have spent last 6 months on this problem, for me that is a long time for one problem to stay unsolved. I believe Teleport solution is close to what is possible to be achieved, while also not bloating blockchain and much reduced risk of crypto algos being solved by Quantum Computers from the future. By combining practical precautions with state of the art encryption and rather clever (if I say so myself) approach to drastically minimize attack vectors, Teleport represents a real world solution available in the near term.
But that is just my rambling. Until we get independent unbiased smart guys to confirm this, maybe I have missed some things?
What bothers me is that due to massive rise in DRK, there are so many coins out there trying just catch a pump. Some have some very fancy marketing materials, maybe some actually have viable solutions against
http://people.csail.mit.edu/spillai/data/papers/bitcoin-transaction-graph-analysis.pdf I am not making fancy website but rather making practical solution to maximize privacy in a hostile environment.
Now those are some pretty sophisticated attacks. I spend many months thinking about privacy against such things. My feeling is that it is important not to have a permanent record. Remember the blockchain is forever, so if not this year, in 5 years when computers are much faster, new techniques become available to deanonymize. So any "solution" where everything is on the blockchain is forever exposed to the future attackers with future computers and future analysis techniques.
Any anon coin that is closed source for any reason is a danger. A danger to anybody that uses it and a danger to anybody's finances to anybody that buys it. It takes more than one day to properly assess anon tech. So, just because one day the source is revealed, that doesnt change much, until it is reviewed and approved by competent people.
https://github.com/jl777/pNXT is my work in progress, usually only a day or two behind the latest version.
Now, I dont want to say that coinjoin tech is worthless, it is certainly better than nothing, but lets all agree that anything that leaves a permanent trail is at best "personal level" privacy. Good for not letting Aunt Bertha know how much money you have, but certainly not "corporate level" privacy. Where millions of dollars are at stake and you cannot assume they wont just allocate a few supercomputers to unravel the mixing. Read the PDF file link if you doubt this.
Cryptonote tech is much better. It has been open source and the ring signatures is a method I approve of. I even based pNXTd on Boolberry. However, cryptonote tech is a fixed level of privacy. You cant really increase the number of signature in the ring dramatically. Maybe 10, but 100? 1000? Not practical, since the blockchain is already noticeably gigantic for XMR and after such a short time without that much use. What will happen if tens of thousands of people use it? Blockchain meltdown? Not sure, so I had to develop something without any blockchain bloat.
Then there is the rumored zerocash (improvement on zerocoin), but this is by academics and is the software field tested? Matt Green, a guy much smarter than me, but maybe I write more C code that he does? So, there are some issues of code stability for totally new code and then the zero knowlege proofs method is a brilliant way to solve the privacy and I cant wait to see the source code. Maybe I assimilate zerocash into BTCD? In any case, without privacyServers, the weakest link is not the anon algo, but simply IP correlation leakage. For those who jump up and say "Tor"
http://www.macgasm.net/2014/07/30/tor-network-breached-ip-isnt-safe-may-think/Tor is an automatic red flag, just using it and you attract attention. Not to mention the large effort being made to crack it. Also, I always thought of the zerocoin zeroknowledge technique as a way to teleport funds and in a way this has been one of my goals, to achieve this de-linkage of funds transfer, while still having a blockchain to verify funds and prevent double-spending.
Privacy is not just about the perfect anon algorithm, it needs to be an entire system designed from the ground up for privacy, like privacyServers! Also, think about this, Teleport is the only privacy solution that can be applied to other coins. If you still like DRK for some reason, you can simply Teleport it and gain the benefits of both. Or Teleport XMR or BBR, etc. Regardless of who "wins" the anon race, BTCD will be there, either as the outright winner or making other top coins more private. Can any other solution make bitcoin itself more private?
Not that I know of.
BTCD in Top 10 Coinmarketcap is what I predicted after $1 million marketcap
Now you know why. Free Teleporting for BTCD itself and revenue sharing from the fees charged for teleporting other coins (and also some revenue sharing from InstantDEX and also tradebots and also Privatebet and also ...)
James