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Topic: Let There Be Dark! Bitcoin Dark Wallet - page 2. (Read 50406 times)

legendary
Activity: 868
Merit: 1006
January 25, 2015, 07:42:12 PM
Is the Bitcoin Dark Wallet more anonymous than Monero? Why would you use this and not Monero?

Monero doesn't have the hashing security of Bitcoin, doesn't have the same degree of auditing and development as bitcoin, doesn't have the transaction volume bitcoin to hide the transactions, and since it is focused on privacy it is exposed to higher degree of suspect vs bitcoin which has a wide range of different types of transactions.

As far as privacy is concerned they are both similar- Darkwallet uses Stealth payments + CoinJoin mixing and will soon implement an optional coin shuffle mechanism as well. With Coinshuffle, darkwallet should be as secure or more so than Monero.
What is stopping an adversary (NSA, FBI) to start advertising itself in a Lobby as a mixing node and recording the CoinJoin requests?
legendary
Activity: 1358
Merit: 1014
January 25, 2015, 06:51:41 PM
Is the Bitcoin Dark Wallet more anonymous than Monero? Why would you use this and not Monero?

Monero doesn't have the hashing security of Bitcoin, doesn't have the same degree of auditing and development as bitcoin, doesn't have the transaction volume bitcoin to hide the transactions, and since it is focused on privacy it is exposed to higher degree of suspect vs bitcoin which has a wide range of different types of transactions.

As far as privacy is concerned they are both similar- Darkwallet uses Stealth payments + CoinJoin mixing and will soon implement an optional coin shuffle mechanism as well. With Coinshuffle, darkwallet should be as secure or more so than Monero.
Monero doesnt need massive amounts of transaction volumes because the ring signature technology and the lack of a public blockchain make it so that that isnt a problem.
I think SilkRoad-ish markets will eventually accept XMR too beside bTC.
hero member
Activity: 658
Merit: 501
January 25, 2015, 06:14:43 PM
Is the Bitcoin Dark Wallet more anonymous than Monero? Why would you use this and not Monero?

Monero doesn't have the hashing security of Bitcoin, doesn't have the same degree of auditing and development as bitcoin, doesn't have the transaction volume bitcoin to hide the transactions, and since it is focused on privacy it is exposed to higher degree of suspect vs bitcoin which has a wide range of different types of transactions.

As far as privacy is concerned they are both similar- Darkwallet uses Stealth payments + CoinJoin mixing and will soon implement an optional coin shuffle mechanism as well. With Coinshuffle, darkwallet should be as secure or more so than Monero.
legendary
Activity: 1204
Merit: 1028
January 25, 2015, 06:00:49 PM
Is the Bitcoin Dark Wallet more anonymous than Monero? Why would you use this and not Monero?
hero member
Activity: 658
Merit: 501
January 25, 2015, 04:48:26 PM
Thank you man. I know what DW is, I just wanted to where it goes/where you see it in the future.

It will remain a wallet that uses a separate Bitcoin stack. There is no expectation that it will incorporate other coins or
work as a sidechain.

We just need to keep testing it to make it more stable, bug free, and useful to bring it out of alpha.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
January 25, 2015, 04:35:50 PM
Thank you man. I know what DW is, I just wanted to where it goes/where you see it in the future.
hero member
Activity: 658
Merit: 501
January 25, 2015, 04:26:18 PM
i feel like seeing 3 new developments:

1.) anon/privacy-centric coins getting stronger
2.) anti-privacy-movement in bitcoin is getting stronger        
3.) sidechains are proposed -> question/big likelihood: of an anon/privacy-sidechain

Which leads me to the question:
where do you guys see darkwallet in future?                            


Bonus question:
Do you guys see Darkwallet in future as sidechain or mainchain technology/sub-subsystem?

Your question is a bit odd because Darkwallet is a thin bitcoin wallet using an independent Bitcoin implementation that has some amazing privacy features.

Libbitcoin isn't a separate coin , but a separate software stack that interacts with the Bitcoin blockchain that darkwallet uses. Thus there is no coin to be released as a future sidechain and darkwallet isn't competing against bitcoin, but merely a tool for bitcoin users who want cutting edge privacy features.

https://wiki.unsystem.net/en/index.php/DarkWallet/Roadmap

Next up :


    Firefox porting (Currently chrome and chromium only)
    Messaging system
    2of2/2of3 wallets
    (optional) new stealth protocol
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
January 25, 2015, 04:07:03 PM
i feel like seeing 3 new developments:

1.) anon/privacy-centric coins getting stronger
2.) anti-privacy-movement in bitcoin is getting stronger        
3.) sidechains are proposed -> question/big likelihood: of an anon/privacy-sidechain

Which leads me to the question:
where do you guys see darkwallet in future?                            


Bonus question:
Do you guys see Darkwallet in future as sidechain or mainchain technology/sub-subsystem?
hero member
Activity: 658
Merit: 501
January 25, 2015, 03:52:16 PM
The revolution continues - Darkwallet Alpha 8 (version 0.8.0) Released
https://wiki.unsystem.net/en/index.php/DarkWallet/Alpha8
https://www.darkwallet.is/

New features

ATM Tool / Fast cash withdraw module
On this release Darkwallet incorporates a ChipChap fast cash withdraw (FCW) module, and soon also cash in methods with more than 400 thousand commerces around the planet.


and many other improvements and bugfixes included in release....
hero member
Activity: 658
Merit: 501
December 07, 2014, 11:15:58 PM
funny that people keep mentioning this.
You don't have to exchange your coins to alts to use the mixing "feature" of exchanges.
All you have to do is to deposit .... and then withdraw. This is all.
This is also why you don't need any of those specialised mixing services; besides, those have smaller
volume and, on average, are more likely  to be scams.
(Of course the latter remark does not apply to Darkwallet or any multisig mixers; only to "collective wallet" mixers
that rely on trust.)

This is really poor advice as some of the exchanges may give you back some of your same Bitcoins and can give over info of your IP or profile/account info if they are issued a subpoena.

Better deposit it in an exchange - convert it to an alt - withdraw it as an alt - deposit alt in a different exchange - convert to BTC - withdraw

Repeat if you are even more paranoid.

A service like this can be used as one of the steps - https://shapeshift.io

Coinjoin/coinshuffle with a sufficient userbase of legal and illegal transactions with darkwallet in the future will fine for most people though.
legendary
Activity: 1260
Merit: 1116
December 07, 2014, 10:21:08 PM
you could also just use a traditional laundering site such as bitmixer.io, bitlaunder.com (my site), or bitcoin fog .. why bother with anything else?


In the meantime it is probably safer to simply exchange ones coins back and forth between different alts on a trusted exchange to mix them if needed.

funny that people keep mentioning this.
You don't have to exchange your coins to alts to use the mixing "feature" of exchanges.
All you have to do is to deposit .... and then withdraw
. This is all.
This is also why you don't need any of those specialised mixing services; besides, those have smaller
volume and, on average, are more likely  to be scams.
(Of course the latter remark does not apply to Darkwallet or any multisig mixers; only to "collective wallet" mixers
that rely on trust.)

But not an exchange on which you are verified, I imagine. Or do you think it matters?
sr. member
Activity: 333
Merit: 252
December 07, 2014, 10:11:37 PM
you could also just use a traditional laundering site such as bitmixer.io, bitlaunder.com (my site), or bitcoin fog .. why bother with anything else?


In the meantime it is probably safer to simply exchange ones coins back and forth between different alts on a trusted exchange to mix them if needed.

funny that people keep mentioning this.
You don't have to exchange your coins to alts to use the mixing "feature" of exchanges.
All you have to do is to deposit .... and then withdraw. This is all.
This is also why you don't need any of those specialised mixing services; besides, those have smaller
volume and, on average, are more likely  to be scams.
(Of course the latter remark does not apply to Darkwallet or any multisig mixers; only to "collective wallet" mixers
that rely on trust.)
hero member
Activity: 658
Merit: 501
December 07, 2014, 09:07:52 PM
you could also just use a traditional laundering site such as bitmixer.io, bitlaunder.com (my site), or bitcoin fog .. why bother with anything else?

Dark Wallet doesn't just mix funds(other features like stealth addresses) and using money laundering sites is dangerous because:

1) users expose themselves to counterparty risk because money laundering services sometimes steal clients funds
2) the act of using a money laundering services may expose the users coins to other tainted coins and implicate them in crimes they aren't part of and at least makes such action highly suspicious

It would be much safer to use darkwallet in the future where many users were using the wallet for legal and illegal activities.

In the meantime it is probably safer to simply exchange ones coins back and forth between different alts on a trusted exchange to mix them if needed.
hero member
Activity: 560
Merit: 500
★777Coin.com★ Fun BTC Casino!
December 07, 2014, 08:45:17 PM
you could also just use a traditional laundering site such as bitmixer.io, bitlaunder.com (my site), or bitcoin fog .. why bother with anything else?
legendary
Activity: 1260
Merit: 1116
December 07, 2014, 05:39:51 PM
50k won't go far if we pay salaries. we have to be smart with the money and invest in common permanent infrastructure. we should find better ways to pay for ongoing costs by creating sustainable businesses.

Exactly right, in my humble opinion.

I suspect you're going to have a hard time figuring out how to arrange yourselves without becoming a Corporation of some State and still have a business model that sustains sufficient quality assurance and customer support to make Dark Wallet a success.

PS: I'm really happy to see other implementations happening!  Diversity is great!

PPS: y'all should give the Foundation at least a LITTLE bit of credit for funding CoinPunk...


Hehe. I love this guy!
donator
Activity: 2772
Merit: 1019
December 07, 2014, 05:06:27 PM
How in hell Dark wallet can be more secure than using monero?

How in hell is a pumpkin more heavy than a frying pan?
hero member
Activity: 658
Merit: 501
December 07, 2014, 12:15:02 PM
How in hell Dark wallet can be more secure than using monero?

How is monero superior to using the dark wallet?

Monero doesn't have the hashing security of Bitcoin, doesn't have the transaction volume bitcoin to hide the transactions, and since it is focused on security it is exposed to higher degree of suspect vs bitcoin which has a wide range of different types of transactions.
hero member
Activity: 658
Merit: 501
December 07, 2014, 11:53:12 AM
Thanks for trying, but I see nothing on any of those pages that answers my question.  The first one doesn't seem to have anything to do with Dark Wallet.

Darkwallet uses and is dependent upon an independent implementation(not Bitcoin Core) which interacts with the Bitcoin blockchain :
https://github.com/libbitcoin/libbitcoin-explorer (formerly sx)
https://github.com/libbitcoin/libbitcoin-server (formerly Obelisk)

That is why the first link is relevant.

How do these work together, exactly?   How do these pieces interact with the Bitcoin network?

Need to read the content I linked to, to answer this.

What does the browser plug-in do?  

The browser extension is a full wallet that focuses on privacy incorporating tools like coinjoin and stealth addresses

What does Obelisk do?  

Now called libbitcoin-server acts as the Full node which communicates with the blockchain and other nodes because darkwallet is a thin client.

What other components are necessary?

Download and install the darkwallet extension in chrome or chromium:

https://www.darkwallet.is/

Download ZIP.

Unpack the ZIP file.

Navigate to "chrome://extensions" in your browser.

Enable Developer Mode.

Click "Load unpacked extension" and select the unzipped folder.

DarkWallet is installed!

Than select a server:
https://wiki.unsystem.net/en/index.php/Obelisk/Servers


member
Activity: 77
Merit: 10
December 07, 2014, 09:16:13 AM
Looking forward to the official release, fingers crossed the Firefox verion will be done soon.
member
Activity: 124
Merit: 11
December 07, 2014, 08:52:13 AM
How in hell Dark wallet can be more secure than using monero?
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