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Topic: What happened to true anonymity? - page 2. (Read 3125 times)

legendary
Activity: 3066
Merit: 1188
November 17, 2014, 09:23:24 AM
#22
Monero offers higher level of untraceability due to nature of CryptoNote protocol which is completely different from Bitcoin protocol. However this tech is still in very early stage of development.

Who cares ? That's pure theory and it pales into insignificance against the massive redundancy that the Darkcoin network now has with it's background pre-emptive coin supply anonymisation.

Monero is a single tier approach technology. It has to do it's "anon" in realtime at the point of the transaction.

With Darkcoin, your entire wallet has been anonymised into oblivion way before you've even decided you need to do the transaction. Darkcoin's actual mixing algo could be only half as effective as any other and yet the network will still deliver far a more secure service in terms of untraceability.

Another area where Darkcoin is architecturally optimal is in deciding what to evolve and what not to evolve. It has a 2-tier network which lets it do all its anon-development without disrupting or coupling with the commercial interface which is Bitcoin compliant. That's another area where cryptonote is sub-optimal. If Bitcoin itself hadn't consolidated so well this year I'd have said that these things were still up for grabs. But as things have turned out, Bitcoin has all but killed off all the competition. Its nearest threat was Litecoin which got to within 2% of Bitcoin's valuation at the time. It's now sitting at 0.02% of BTC's marketcap.

So what does this mean as far as commercial protocols go ? It means that any future player that wants a look in on the cryptocoin retail and trade market needs to use the Bitcoin prototcol which Darkcoin does - that was the whole basis behind its 2-tier approach.
hero member
Activity: 966
Merit: 1003
November 17, 2014, 09:15:16 AM
#21
mixer/tumbler

Every tumbler is potentially just an NSA honeypot. And those that are not, are just waiting to be hacked or the owner running with the coins when the situation is right (need for cash, extortion, wanna retire).
hero member
Activity: 784
Merit: 500
November 17, 2014, 12:26:51 AM
#20
Should we just conclude that Bitcoin is pseudonymous - and accept it for what it is  Huh

Sure, Bitcoin will always remain pseudonymous.

The pseudonym identifies a holder(public address), but do not disclose their true names (that is, legal identities).
The volume of bitcoin transactions is high enough so that it is possible to use a mixer/tumbler to make it difficult to link the source of any transaction and as a result it is not possible to know for sure that any public address can be associated with transactions associated with such public address
newbie
Activity: 53
Merit: 0
November 17, 2014, 12:17:44 AM
#19
CryptoNote is the best anon tech atm. Use it.

This is true, been using it for a while now.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
November 16, 2014, 10:57:35 PM
#18
market focus chaging
many scam dev/coins involving claiming anon when they were BS
actual GOOD anon coins not "making it yet"
the list goes on......
hero member
Activity: 1106
Merit: 527
November 16, 2014, 10:07:47 PM
#17
Darkcoin had been almostly crashed
sr. member
Activity: 266
Merit: 250
November 16, 2014, 05:26:00 PM
#16
he published bitcoinica source code which contained a password which lead to the second theft of the remaing bitcoinica funds... (btw he was not allowed to publish it and he wasnt the owner; just an employer)

i've lost much ;(

Hmmm... ok, sorry about your loss. IMHO that would qualify him has making a mistake or possibly being irresponsible. As he is a large open source advocate I can see him wanting to open up all code to the community.

i know that my feelings about him are a little bit irrational.
but if you deal with money (i'd work for a bank as programmer a few years ago - currency risk analyses) you have to be careful what you do...

btw. that incident was the reason why gavin has thrown him off the bitcoin security mailing list - i dont know if he has access by now.
hero member
Activity: 658
Merit: 501
November 16, 2014, 05:21:50 PM
#15
he published bitcoinica source code which contained a password which lead to the second theft of the remaing bitcoinica funds... (btw he was not allowed to publish it and he wasnt the owner; just an employer)

i've lost much ;(

Hmmm... ok, sorry about your loss. IMHO that would qualify him has making a mistake or possibly being irresponsible. As he is a large open source advocate I can see him wanting to open up all code to the community.
sr. member
Activity: 266
Merit: 250
November 16, 2014, 05:11:07 PM
#14
the only wrong is that Amir Taki is involved in it.. i wont ever touch anything from that scammer ever again

Did he personally defraud you or was he just working for a company that defrauded you?

he published bitcoinica source code which contained a password which lead to the second theft of the remaing bitcoinica funds... (btw he was not allowed to publish it and he wasnt the owner; just an employer)

i've lost much ;(
hero member
Activity: 658
Merit: 501
November 16, 2014, 05:06:20 PM
#13
the only wrong is that Amir Taki is involved in it.. i wont ever touch anything from that scammer ever again

Did he personally defraud you or was he just working for a company that defrauded you?
sr. member
Activity: 266
Merit: 250
November 16, 2014, 04:09:38 PM
#12
A year ago there was talk about a side-chain, Zerocoin (?) - what happened to it?
There's been a lot of hyping of a a Dark Wallet - but not much lately. Are the devs on the right track or has the project been abandoned?

And there's of course the altcoins. Darkcoin, Kryptonite, Monero - do any of these really have anything to offer, or are they just premine pump-n-dump?

Should we just conclude that Bitcoin is pseudonymous - and accept it for what it is  Huh

Cant say much about side chain & alt coins, but Dark Wallet is just getting stronger than ever. Here is the latest release => https://bitcointalksearch.org/topic/darkwallet-alpha-7-release-848088. The only wrong part here is that Amir Taaki & Cody Wilson get the media glare all for the wrong reason.

the only wrong is that Amir Taki is involved in it.. i wont ever touch anything from that scammer ever again
hero member
Activity: 658
Merit: 501
November 16, 2014, 03:54:10 PM
#11
Should we just conclude that Bitcoin is pseudonymous - and accept it for what it is  Huh

Sure, Bitcoin will always remain pseudonymous.

The pseudonym identifies a holder(public address), but do not disclose their true names (that is, legal identities).
hero member
Activity: 658
Merit: 501
November 16, 2014, 03:46:35 PM
#10
There's been a lot of hyping of a a Dark Wallet - but not much lately. Are the devs on the right track or has the project been abandoned?


Why are you suggesting Dark Wallet isn't being worked on? There have been some major changes with Obelisk, sx which darkwallet is dependent upon.
Recent changes:
https://wiki.unsystem.net/en/index.php/Libbitcoin/Blockchain/htdb_slab_Performance
https://github.com/libbitcoin/libbitcoin-explorer
https://github.com/libbitcoin/libbitcoin-server

Changes 2 days ago as well directly to darkwallet:
https://github.com/darkwallet/darkwallet

Latest full release:
https://wiki.unsystem.net/en/index.php/DarkWallet/Alpha7

Please donate directly to their multi-sig as they are running on a shoestring budget.
https://www.darkwallet.is/
hero member
Activity: 658
Merit: 500
November 16, 2014, 03:36:54 PM
#9
Monero offers true anonimity.

Honestly I don't know this coin very well... can you explain better why Monero offers anonimity? What are its main features?
sr. member
Activity: 300
Merit: 250
November 16, 2014, 03:31:16 PM
#8
Isn't Dark Wallet using a centralized model of coin mixing (i heard CoinJoin technique) ?

Darkcoin is basically CoinJoin, but the developer claims that it's improved CoinJoin.

Monero offers higher level of untraceability due to nature of CryptoNote protocol which is completely different from Bitcoin protocol. However this tech is still in very early stage of development.

Zerocoin is the most advanced technology for untraceability and privacy. However it's impractical because of ridiculous high tx size. It's successor, Zerocash (still in development) solve the transaction size problem but create another problem (can't be implemented in a trustless manner).

I've never heard about Kryptonite.
hero member
Activity: 1082
Merit: 505
A Digital Universe with Endless Possibilities.
November 16, 2014, 12:16:50 PM
#7
Should we just conclude that Bitcoin is pseudonymous - and accept it for what it is  Huh
Yes. For the vast majority of users it will not be possible for an attacker to determine that you are the person conducting a specific transaction as most users will send only small amounts of bitcoin which are more difficult to trace
legendary
Activity: 1204
Merit: 1028
November 16, 2014, 10:28:34 AM
#6
Monero offers true anonimity. The rest of coins are mental masturbation.
newbie
Activity: 29
Merit: 0
November 16, 2014, 10:26:43 AM
#5
A year ago there was talk about a side-chain, Zerocoin (?) - what happened to it?
There's been a lot of hyping of a a Dark Wallet - but not much lately. Are the devs on the right track or has the project been abandoned?

And there's of course the altcoins. Darkcoin, Kryptonite, Monero - do any of these really have anything to offer, or are they just premine pump-n-dump?

Should we just conclude that Bitcoin is pseudonymous - and accept it for what it is  Huh
Government can accept BitCoin due to the pseudo-anonymity.
The will ban all anon Coin... "terrorism", etc. Tongue
sr. member
Activity: 406
Merit: 250
AltoCenter.com
November 16, 2014, 09:31:00 AM
#4
I am not seeing that much of a difference in the anon. of BTC. it's just got more publicity that's all.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
November 16, 2014, 08:58:30 AM
#3
A year ago there was talk about a side-chain, Zerocoin (?) - what happened to it?
There's been a lot of hyping of a a Dark Wallet - but not much lately. Are the devs on the right track or has the project been abandoned?

And there's of course the altcoins. Darkcoin, Kryptonite, Monero - do any of these really have anything to offer, or are they just premine pump-n-dump?

Should we just conclude that Bitcoin is pseudonymous - and accept it for what it is  Huh

Cant say much about side chain & alt coins, but Dark Wallet is just getting stronger than ever. Here is the latest release => https://bitcointalksearch.org/topic/darkwallet-alpha-7-release-848088. The only wrong part here is that Amir Taaki & Cody Wilson get the media glare all for the wrong reason.
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